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Kwara Courts Jail Bureau de-change Operator, Two Others for Fraud

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Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin has sentenced one Yakubu Aminu to 200 (Two Hundred) hours community service for carrying out bureau de change businesses without a valid licence.

Similarly, a Kwara State High Court presided over by Justice Hammed Gegele also jailed the duo of Abdulalahi Abdulrasaq Omotosho and Akeem Ibrahim Salaudeen for involvement in internet fraud -related crime.

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC had on Wednesday October 9, 2024 arraigned the trio before the courts on separate charges.

The charge against Yakubu reads:
“That you, Yakubu Aminu sometime in July 2024, at Chikanda Market, Yashikira District, Baruten Local Government Area, Kwara State, within the jurisdiction of this Honourable Court did carry on, other financial business, to wit: Bureau De Change Business without a valid licence issued by the Central Bank of Nigeria contrary to Section 15 (5) of the Banks and other Financial Institutions Act, 2020 and punishable under Section 57 (5) (B) of the same Act”

The charge against Akeem reads: “That you, Akeem Ibrahim Salaudeen
between 3rd December 2018 and 8th November 2024, in Ilorin, Kwara State within the jurisdiction of Honourable Court, did knowingly had under your control the sum of N4,069, 000.00 (Four Million, Sixty Nine Thousand Naira Only) in your bank account number 2104916025 with the name Akeem Ibrahim Salaudeen with the United Bank of Africa Plc which you knew to be proceeds of criminal conduct and thereby committed an offence contrary to and punishable under Section 319 (a) of the Penal Code Laws of Northern Nigeria”

The defendants pleaded guilty when the charges were read to them.

The court thereafter convicted and sentenced the defendants to various jail terms relying on the credibility of the cases presented before it and the unchallenged evidence of the prosecution.

Justice Awogboro sentenced Aminu to 200 (Two Hundred) hours community service without an option of fine. The judge also ordered that the sum of 50,000cfa and N368,500 (Three Hundred and Sixty-Eight Thousand, Five Hundred Naira Only) recovered from him at the point of arrest be forfeited to the Federal Government.

Justice Gegele on his part sentenced the duo of Akeem and Abdullahi to six months imprisonment each with an option of N150,000 (One Hundred and Fifty Thousand Naira only). The sum of N4,069, 000.00 (Four Million, Sixty Nine Thousand Naira Only) recovered from Akeem alongside his iphone 11 and $600 (Six Hundred Dollars) recovered from Abdulahi together with iphone 11 pro max, being proceeds of their crimes were forfeited to the Federal Government.

The convicts bagged their imprisonment when they were arrested for internet-related fraud. They were investigated, charged to court and convicted.

Visit www.efcc.gov.ng for more stories

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EFCC BOSS Ola Olukoyede: Nigeria’s Electricity Grid Failures Due to Substandard Materials in Power Projects

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EFCC BOSS Ola Olukoyede: Nigeria’s Electricity Grid Failures Due to Substandard Materials in Power Projects
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Ekwutosblog gathered that the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has blamed the unstable power supply in Nigeria on corruption.
Olukoyede disclosed that contractors awarded projects supply electrical equipment often opted for substandard materials.

He stated that this was the major cause of frequent equipment failures, outages, and grid collapses.

The EFCC chair made the revelation during a visit by the House Committee on Anti-Corruption and Financial Crimes in Abuja on Tuesday.

Olukoyede lamented that Nigerians would be in tears if the Commission discloses what it has uncovered during its investigations.

Olukoyede said, “As I am talking to you now, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. People who were awarded contracts to supply electrical equipment, instead of using what they call 9.0 gauge, would go and buy 5.0.

“So every time, you see it tripping off, getting burnt, and all of that. It falters, and it collapses. This is part of our problems.”

Olukoyede also stated that during its investigations, the commission discovered that in the last 20 years, capital project implementation and execution in the country had not exceeded 20 per cent.

He noted that the country could not achieve infrastructural or other forms of growth under such conditions.

Olukoyede said, “We discovered that in the last 15 to 20 years, we have not achieved up to 20% of our capital project implementation and execution. And if we don’t do that, how can we expect infrastructural development? How can we grow as a nation? So our mandate this year is to work with that directorate and with the National Assembly to see if we can reach 50% of capital project execution for the year.

If we achieve 50%, we will be fine as a nation. The lack of implementation of the capital budget is one of Nigeria’s major problems. And if we tackle that effectively, we will make progress as a nation. We are doing everything possible to prevent that, with your support.”

The anti-graft boss stated that the commission had received over 17,000 petitions, adding that over 20,000 cases are currently under investigation.

“We have several cases filed in court, apart from those with convictions, reaching thousands. In the last year, we have received over 17,000 petitions in the EFCC. And currently, as I am speaking, we are investigating over 20,000 cases.

Between last October and now, we have opened over 4,800 new cases. And what is our staff count? We are less than 5,000. Now, with the additional responsibility of over 700 MDAs, 36 states, 774 local governments, and all of that,” he added.

 

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Aloy Ejimakor Calls for Apology to Nnamdi Kanu After Northern Elders Concede Nigeria “Expired” in 2014

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Aloy Ejimakor Calls for Apology to Nnamdi Kanu After Northern Elders Concede Nigeria “Expired” in 2014
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Ekwutosblog gathered that Aloy Ejimakor, the special counsel to Nnamdi Kanu, leader of the Indigenous People of Biafra, IPOB, on Tuesday, said the North has agreed with the agitator that Nigeria has expired.

Ejimakor was reacting to a remark credited to the spokesman of the Northern Elders Forum, NEF, Ango Abdullahi, that the unity of Nigeria should be renegotiated because the country expired 10 years ago.

In a statement he signed, Ejimakor said the North should apologise to Kanu following Abdullahi’s remark.

According to Ejimakor: “Earlier today (12th November 2024), I noticed that several news outlets quoted the Northern Elders Forum (NEF) and Prof. Ango Abdullahi as having proclaimed that Nigeria “expired” 10 years ago or in 2014. They even added that Nigeria as a nation should, for this reason, be “renegotiated”.

“To me, this landmark proclamation is a significant departure from what was the stance of the North and even the Buhari-led Federal Government when, some years ago, Mazi Nnamdi Kanu made the same proclamation in an epic broadcast on Radio Biafra.

“To be sure, Mazi Kanu’s position then, just as the North has now conceded, was that the legal instrument upon which Nigeria was founded in 1914 has a fixed duration of one hundred years, which expired in 2014.

“It will be recalled that this very broadcast was one of the major reasons Mazi Nnamdi Kanu was then charged with the offence of secession, which was later escalated to incitement of terrorism for which he was renditioned and remains in incarceration for over three years, awaiting some trial.

“So, one might ask: Now that the North has said the same thing for which Mazi Kanu was arrested, renditioned, detained and charged to court, is it not time for the Federal Government and even the North to show some contrition by apologizing to Mazi Nnamdi Kanu or acknowledging that he was right all was right all along?”.

 

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NLC announces indefinite strike action

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NLC announces indefinite strike action
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NLC announces indefinite strike action

The Nigeria Labour Congress (NLC) has ordered its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike, beginning from December 1, 2024.

The directive is part of the resolutions of the NLC after its National Executive Council (NEC) meeting at the weekend.

“The NEC notes with deep frustration the persistent delay and outright refusal by some state governments to implement the 2024 National Minimum Wage Act. This betrayal by certain governors and government officials across the country flies in the face of both legality and morality, as workers continue to be denied their rightful wages amidst rising economic hardship. It is a blatant disregard for the law and the lives of millions of Nigerian workers, who are being exploited by the very leaders sworn to protect them.

“The NEC therefore resolves to set up a National Minimum Wage Implementation Committee that will among others commence a nationwide assessment, mobilization and sensitization campaign, educating workers and citizens on the need to resist this assault on their dignity and rights. Furthermore, the NLC shall initiate a series of industrial actions in all non-compliant states and shall not relent until the minimum wage is fully implemented across Nigeria.

“To this end, all state Councils where the National Minimum Wage has not been fully implemented by the last day of November, 2024 have been directed to proceed on strike beginning from the 1st day of December, 2024. Nigerian workers demand justice, and justice they shall have,” the NLC communique read in part.

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