News
Alleged fraud: Court admits bundles of documents as evidence against Emefiele
The trial of the former Central Bank of Nigeria, CBN Governor, Godwin Emefiele, charged with abuse of office and alleged $4.5 billion and N2.8 billion fraud continued on Thursday with the Economic and Financial Crimes Commission, EFCC, tendering bundles of documents before the court.
The bundles of documents were tendered by the EFCC counsel, Rotimi Oyedepo, through the third prosecution witness, Clement Ngolu, a compliance officer with Zenith Bank.
The documents were admitted as evidence following no objections from the first defence counsel, Olalekan Ojo and the second defence counsel, Adeyinka Kotoye.
The News Agency of Nigeria reports that Justice Rahman Oshodi admitted the original copies of the Zenith Bank account opening package and statement of account of Limelight Multidimensional Services Ltd. sent to the EFCC as evidence.
“I have read the documents dated March 2024, and I admit the original certified copy of the bundles of documents, which include account opening package and statement of accounts, into evidence and are marked as Exhibit A,” Oshodi said.
Ngolu, in his evidence, said his department responded to regulators and law enforcement agencies to ensure that bank activities were in line with banking policies and regulations.
He further stated that his department worked with agencies such as EFCC, Nigeria Police, ICPC, and NSCDC.
The witness said that his department in 2014 got a request from the EFCC to furnish them with statements of accounts for Limelight and two other accounts.
“The documents we sent to the EFCC were duly signed by the staff of the bank. The process of generating the statement was done through our computer system, which was in good condition.
“The documents were printed out from the company’s computer, which was working well and the documents were in the bank’s custody,” the witness said.
The defence, however, said they had no question for the witness.
Also, a former Director of Information Technology of CBN, Mr John Ayoh, in the continuation of his cross-examination, said he had a confrontation with Emefiele because he asked him to do something wrong.
The witness, who further confirmed that he was sidelined by the embattled governor, added that his being sidelined made him not have any relationship with him.
“I was not happy being unpopular with the former CBN governor but on a number of occasions, I signed contract letters to vendors,” he said.
The fourth witness, a contractor, testified before the court that he was allegedly pressured by the apex bank management to pay $600,000 for the contract that he had executed.
News
NMDPRA begins clampdown on illegal LPG retail outlets in Akwa Ibom
The Nigerian Midstream and Downstream Petroleum Resources Authority says it has commenced a clampdown on illegal LPG retail outlets in Akwa Ibom State.
The state Coordinator, Ikechukwu Eseka, disclosed this on Thursday while receiving the state commandant of the Nigeria Security and Civil Defense Corps, Bakshar Hussaini, in his office on a courtesy visit.
He said, “We have started enforcement of LPG retailers embarking on illegal decanting of LPG, filling stations, LPG refilling plants and other illegal downstream operations in the state.
“We are currently working on the illegal proliferation of decanting of LPG in the state, Eseka stated, adding that gas is very volatile, and some of them are using gas that is not meant for the purpose.”
He said he has directed that gas plant owners should not load gas on people who don’t have licenses NMDPRA in the state, warning that “decanting of gas from cylinder to cylinder is an illegal activity which is punishable by law.”
He also called on marketers to register and renew their licenses before operating LPG in the state.
“We used the opportunity to talk on the aspects of the downstream which has to do with our enforcement, sealing of filling stations and those who are using diesel for industrial purposes that are yet to register with NMDPRA.
“We have also commenced engagement with individuals and organisations using storage tanks that are over 500 litres, to come and register with the Authority in the state,” he added.
Eseka thanked the Commandant for coming to re-strategise and collaborate with the Authority in the state.
Earlier, the State Commandant of NSCDC, Hussaini, explained that the purpose of coming was to collaborate with NMDPRA on how to checkmate indiscriminate decanting of LPG in the state.
“I know with the present situation in the country, a lot of them are going to cry and you have to use human face to handle their cases so that we don’t injure the government and the public themselves,” he said.
He lamented that some people used their houses to sell cooking gas which can cause environmental hazards to the public.
Politics
Elections in Nigeria: There’ll be no more need for voter cards – INEC
The Independent National Electoral Commission, INEC, has announced plans to phase out the Permanent Voter Cards, PVC.
INEC Chairman, Prof Mahmood Yakubu, made this known at a meeting with the Resident Electoral Commissioners RECs, held at the INEC Conference Room, Abuja on Thursday.
This was part of the identified 142 recommendations released by the Commission which deals with the general state of preparedness, voter management, voter education and public communication, political parties and candidate management.
Other areas of recommendation include electoral operations and logistics management, election officials and personnel, partnership and collaboration, monitoring and supervision, election technology, voting and result management, election security, electoral offences and the electoral legal framework.
The Chairman said there are eight recommendations among the 142 which require legislative action by the National Assembly.
“The Commission also believes that with the introduction of the Bimodal Voter Accreditation System, BVAS, the use of the Permanent Voters’ Cards, PVC, as the sole means of identification for voter accreditation on Election Day should be reviewed.
He, however, said that those who already have the Permanent Voter Cards can still use them to vote.
He added, “But going forward, computer-generated slips issued to the voter or even downloaded from the Commission’s website will suffice for voter accreditation. ”
Yakubu said this new development will save costs and further eliminate the issues around the collection of Permanent Voter Cards.
He also said the practice of buying up the Permanent Voter Cards from voters to disenfranchise them, would be reduced.
News
BREAKING: Tinubu to present 2025 budget proposal to National Assembly Tuesday
President Bola Tinubu is scheduled to present the 2025 proposed budget to a joint session of the National Assembly on Tuesday, December 17, 2024.
The announcement was made by Senate President Godswill Akpabio during a plenary session, revealing that the President has sent a communication to that effect.
“The president has made his intention known to the National Assembly to present the 2025m budget to the joint session of the National Assembly on the 17th of December, 2024,” he said.
The proposed budget, totalling N47.9 trillion, was earlier announced by the Minister of Budget and Economic Planning Atiku Bagudu.
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