News
Court admits ex-Gov Yahaya Bello to N500m bail
The Federal Capital Territory High Court, on Thursday, granted the immediate past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum.
Justice Maryann Anenih had, on December 10, refused the ex-governor’s bail application, stating it was filed prematurely.
While delivering the initial ruling, she said that since the 1st defendant was neither in custody nor before the court at the time, the application was incompetent.
There was, however, room for the governor’s lawyers to file a fresh bail application and apply for a hearing date.
The former governor is facing an alleged money laundering trial involving N110 billion, along with two others.
He had pleaded not guilty to the 16-count charges brought against him by the Economic and Financial Crimes Commission, EFCC.
When the case was called for hearing on Thursday, counsel for the former governor, Joseph Daudu, SAN, informed the court that the defence counsels had filed a further affidavit in response to the counter-affidavit filed and served by the prosecution counsels.
He, however, applied to withdraw the further affidavit, stating, “We do not want to make the matter contentious.”
There was no objection from the prosecution counsel, Olukayode Enitan, SAN.
The court, therefore, granted the application for withdrawal and struck out the further affidavit.
Daudu, SAN, also informed the court that discussions had taken place with the leader of the prosecution counsels, resulting in an agreement to ensure a speedy trial.
In light of this understanding, Daudu urged the court to grant the bail application.
He further requested that, if the court would graciously grant the defendant bail, it should review the bail conditions for the 1st, 2nd, and 3rd defendants.
He urged the court to broaden the scope of properties to be used as bail sureties to include locations across the Federal Capital Territory, FCT, rather than limiting them solely to Maitama.
The prosecution counsel, Olukayode Enitan, SAN, acknowledged that Daudu, SAN, had been in talks with the prosecution team.
In accordance with the Rules of Professional Conduct, RPC, the EFCC counsel gave assurance of their cooperation in expediting the trial.
He said, “I confirm the evidence given by the distinguished member of the bar leading the defence, J.B. Daudu, SAN, that he has been in conversation with the leader of the prosecuting team.
“As with the legal tradition that we should cooperate with members of the bar when it does not affect the course of justice, we have decided not to make this contentious, bearing in mind that no matter how industrious the defence counsel might be in pushing forward the application for bail and no matter how vociferous the prosecution counsel can argue against the bail application, your lordship is bound by your discretion to grant or not to grant the application.
“We are, therefore, leaving this to your lordship’s discretion.”
Delivering her ruling, Justice Anenih acknowledged that the offence the 1st defendant was charged with was a bailable one and granted the ex-governor bail in the sum of N500 million, with three sureties in like sum.
The sureties must be notable Nigerians with landed property in Maitama, Jabi, Utako, Apo, Guzape, Garki, and Asokoro.
The 1st defendant was also ordered to deposit his international passport and other travel documents with the court. He is to remain at Kuje Correctional Centre until the bail conditions are met.
The former senator representing Kaduna Central, Shehu Sani has said Nigerians are so exhausted with the country’s situation to the extent that an N50 per litre premium motor spirit price reduction will not have an impact.
Sani was on Thursday, through his X account, reacting to Dangote’s announcement of a reduction in its ex-depot petrol price to N899.50 per litre.
He wrote, ‘”People are so exhausted, even if petrol is reduced by N50, they just look and move on,” he stated.
Dangote Refinery has announced another reduction in the price of Premium Motor Spirit, PMS, or petrol.
The company disclosed this in a statement by its spokesperson, Anthony Chiejina, released on its official X account on Thursday.
The oil firm reduced its petrol ex-depot price to N899.50 per litre, down from N970.
“…We have now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.
“Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina.
This holiday season just got a whole lot more exciting! PalmPay, one of Africa’s leading fintech platforms, operates Nigeria’s most used mobile wallet and has teamed up with Jumia, the continent’s e-commerce giant, to launch a festive campaign that’s all about convenience, rewards, and enhancing your shopping experience.
Running from December 11th to 28th, 2024, this holiday campaign is set to reward shoppers who use the new “Pay with PalmPay” feature on Jumia with cash prizes. Every purchase made using the direct payment method automatically enters participants into a draw, giving them a chance to win exciting cash rewards while enjoying the seamless shopping and payment process.
A Strategic Partnership To Enhance Digital Payments
The integration of the “Pay with PalmPay Wallet” feature on Jumia marks a major milestone in the partnership between the two industry leaders.
Speaking at the media announcement, Mr. Chika Nwosu, Managing Director of PalmPay, highlighted the broader mission driving this collaboration: “We are thrilled to join forces with Jumia to redefine convenience for shoppers. At PalmPay, our mission has always been to drive economic empowerment through accessible and user-friendly financial services. This partnership is a natural step forward in achieving that goal.”
Beyond the holidays, this partnership with Jumia m,k is a signal of bigger things to come. Mr. Chika added: “This is more than just about payments—it’s about creating value for our customers. We are excited about the opportunities this partnership will unlock in 2025, including campaigns and innovative initiatives that will further transform the online shopping landscape.”
Sunil Natraj, CEO of Jumia Nigeria, highlighted the shared vision between both companies, stating: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience. This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”
How to Join the Holiday Fun
Participating in the campaign is simple. vrWhen shopping on Jumia, select the “Pay with PalmPay” option at checkout, and your entry into the draw is automatic. It’s that easy!
Bonus Entry: Share a screenshot of your purchase on X (formerly Twitter) using the hashtag #PalmPayXJumia to increase your chances of winning. Additional winners will be selected from participants engaging with the campaign on Twitter.
Whether you are shopping for gifts, or gadgets this festive season, PalmPay and Jumia are making sure your experience is not only seamless but also rewarding.
To learn more about the campaign, stay tuned to the official X accounts (formerly Twitter) of @palmpay_ng and @JumiaNigeria. for updates, announcements, and more chances to win.
This holiday season, shop smarter, pay easier, and get rewarded with PalmPay.
Court admits ex-Gov Yahaya Bello to N500m bail
Fuel price drop will not change anything, Nigerians are exhausted – Shehu Sani
Dangote Refinery reduces petrol price
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