Nigerian

UK police seize $249.5 million worth of cryptocurrency

The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...

2023: Kogi commissioner tackles Ohanaeze over zoning

Mr Kingsley Fanwo, Kogi State Commissioner for Information and Communications, has reacted to comments by Igbo socio-political group, Ohanaeze Ndigbo on Gov. Yahaya Bello’s assertion about rotation of Nigerian presidency among the different regions of the country. Bello had during a maiden edition of the ‘Governor Yahaya Bello seminar for political and crime correspondents’ in Abuja on Friday, described rotational Presidency as “unconstitutional.” The Governor, who has also declared his intention to run for the presidency in 2023 added that “Nigerians should be allowed to make their choices for the best candidate to emerge for the top post”. But reacting to the claim, Ohanaeze Ndigbo which has been at the vanguard of the clamour that a Nigerian of South-East origin should succeed President...

Yahaya Bello: Nigeria deserves the best captain no matter where he comes from

The Governor of Kogi State, Alhaji Yahaya Bello, has said that rather engage on the unconstitutional issue of rotational presidency, what Nigerians should focus on is look for that Nigerian, no matter where he comes, who can be the captain to pilot the country to the promised land. The governor who stated this at the First Annual Governor Yahaya Bello (GYB) Seminar for Nigeria’s Political and Crime Correspondents/Editors at the Transcorp Hilton, Abuja, said that even after 16 years of Peoples Democratic Party (PDP) and another six years of All Progressives Congress (APC), in the country, the problems of the nation has not been solved by the rotational presidency that has taken place over the years. Bello insisted that the political party must not limit the choice of Nigerians to any region...

Seven Indians, Nigerians docked for ‘cocaine importation’

The National Drug Law Enforcement Agency on Friday arraigned seven Indians and three Nigerians before the Lagos Division of the Federal High Court for allegedly smuggling 43.1 kilogrammes of cocaine into the country. The Indians include Shedrack Yurama; Singh Vikash; Kunnaserypallam Ashraf Inzam; Xaiver Fernando Santhanaria; Mandal Surjeet Ashok; Tandel Pratikkumar Pravinbai; and Barthwal Rohan Sunil. Their Nigerian alleged accomplices are Tobi Ojo; Kunle Animashaun and Omozusi Enorose Terry. Also arraigned before the court alongside the defendants was a limited liability company, Oilways Logistics and Energy Limited. The defendants were arraigned on a two-count charge of conspiracy and unlawful importation of cocaine. The defendants, according to the charge marked FHC/L/100c/2021, were ar...

NSITF raises N180 billion from employers’ enrollment in 10 years

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu, has revealed that the agency has raised N180 billion from employers’ enrollment from July 2011-May 30, 2021. He also said that plans were afoot to plug revenue leakages, even as he warned the public to be wary of fraudsters masquerading as agents of NSITF. At an interactive session with Finance Journalists in Abuja on Thursday, Akabogu also stated that the scheme has registered almost 200,000 employers. Out of this number, 170,000 employers are actively involved in the scheme by making their contributions steadfastly. He added: “We have collected both from the private sector who have contributed about 80% of the total revenue and we have collected from the government and all other agencies, so we...

NLC urges National Assembly to transform NNPC to public liability company

The Nigeria Labour Congress has cautioned the National Assembly to handle with utmost care what it described as the very sensitive issue of the unbundling of the Nigeria National Petroleum Corporation. It urged the lawmakers to transform the NNPC to a public liability company as part of the reforms of the oil and gas sector captured in the Petroleum Industry Bill. The NLC President, Ayuba Wabba, said this on Tuesday, in a statement lauding the passage of the PIB titled, ‘Congress commends the national assembly for passing the petroleum industry bill – demands that the NNPC be transformed into a public liability company.’ It stated, “We know that the process of making the PIB a law has not been completely consummated as the passed bill would still need to be harmonized by a conference of th...

NUT: Nigerian government not interested in curbing insecurity

The 1st Vice President of the Nigeria Union of Teachers, Mr Kayode Akosile, has said insecurity is getting worse at schools and other places in the country because the government is not seriously invested in curbing the situation. Akosile said government could as well use the money being embezzled and wasted on other not too important things to combat insecurity in the land. The NUT boss said this while speaking with journalists in Ibadan on Tuesday on the sidelines of a workshop on privatisation and commercialisations of education organised by NUT in partnership with International and Friedrich Ebert Stiftung Foundation. He said teachers and students’ minds were no longer at rest while in schools, saying the future of the nation was already in jeopardy. He said everything should be done t...

Mikel Obi leaves Stoke City, joins Kuwaiti club

Former Nigeria captain John Obi Mikel has joined Al Kuwait SC, the Kuwaiti Premier League side on a year’s deal. The announcement was made by the club on Thursday, after Mikel and Stoke City cancelled their contract by mutual consent. Mikel’s new club finished third in the division last season behind Al-Qadsia and champions Al-Arabi. The Nigerian spent 11 years and made 372 appearances across all competitions for Chelsea. After Chelsea he played for Trabzonspor and Middlesbrough, before heading to China to spend two years with Tianjin Teda in the Chinese Super League. Mikel returned to UK in August 2020 to play Stoke City. Stoke boss Michael O’Neill told the club’s official website: ‘Although John triggered the second year of his contract, we always had an agreement in place whereby we wou...

JAMB chief accuses institutions of awarding fake certificates

The Registrar, Joint Admission and Matriculation Board (JAMB), Prof. Ishaq Oloyede, has accused some higher institutions of mobilising and awarding IJMB/JUPEB certificates to individuals who did not attend their institutions. Oloyede alleged that some of the certificates issued by the Interim Joint Matriculation Board (IJMB) and Joint Universities Preliminary Examinations Board (JUPEB) centres for Direct Entry into universities were fakes He made the allegation in Abuja on Tuesday, at the 2021 Batch ‘B’ pre-mobilisation workshop of the National Youth Service Corps (NYSC) on the theme ‘Sustainable Mobilisation Process: The Role Of Stakeholders’. The News Agency of Nigeria (NAN) reports that IJMB and JUPEB are national educational programmes approved by the Federal Government. They are quali...

Senator backs Nigerian government on grazing routes

The Chairman, Senate Committee on Agriculture, Senator Abdullahi Adamu, has asked the Federal Government to go ahead with its plan to recover the old cattle grazing routes because herdsmen activities affect every part of the country. Adamu, who also served as a two-time governor of Nasarawa State, disagreed with those who argued that the Federal Government should not dabble into grazing issues because it had no constitutional powers to do so. The Senator, who spoke with newsmen in Abuja, said herdsmen needed the cattle routes because of the challenges they usually faced when they wanted to adopt other forms of transportation. He said the Federal Government should attend to the welfare of herdsmen just as it was providing basic amenities for others involved in private businesses across the ...

Amnesty: Nigerian government highly sensitive to criticism

The country director of Amnesty International (AI) Nigeria, Osai Ojigho, says the federal government is “highly sensitive to criticism” and only focuses on appearances. Ojigho stated this on Thursday while addressing the topic “Is Freedom of Speech in Danger in Nigeria?” during a virtual conversation, tagged ‘Thursday Talks’. The virtual conversation, which is a monthly programme focused on engaging thought leaders, was moderated by Adeboye Adegoke, senior programme manager at Paradigm Initiative. The AI country director described the government’s ban on Twitter and its proposed amendment to the National Broadcasting Commission (NBC) code as attempts to gag criticism. “What we are seeing is a government that is highly sensitive to criticism and, as such, seeks to work more on the public re...

Tokyo Olympics: Nigeria relay teams should go for broke at Lagos meet – AFN official

The chairman of the Lagos State Athletics Association, Solomon Alao, has charged the Nigeria Relay teams to go all out and get the required qualification standard for the Tokyo 2020 Olympic Games. Alao, the member of the newly constituted Athletics Federation of Nigeria (AFN) board, said the athletes have what it takes to qualify and should give it their all on Thursday at the Lagos Open Athletics Meet billed for the Teslim Balogun Stadium. “They should all go out and get the needed times because we are all looking forward to them getting the time for the Olympics,” the Lagos State Athletics boss told journalists. “I want to appreciate the Lagos State Government led by his Excellency, Babajide Sanwoolu, for supporting the AFN in hosting the countries in Nigeria for the relays. “The most im...