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BREAKING: NIPOST to metamorphose into five companies

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Adebayo Shittu, the Minister of Communications,has hinted that the Ministry is on the verge of unbundling the Nigeria Postal Service into five new companies.

Shittu, who spoke at the official launch of the Nigeria information and communications technology (ICT) roadmap in Lagos on Monday, said the five new companies, which will take effect by the end of the year and will be recruiting hundreds of Nigerians in each company.

The companies are: NIPOST banking and insurance company; NIPOST property and development company; NIPOST transport and logistics services company; NIPOST E-government services company; and NIPOST E-commerce services company.

The roadmap launch and sensitization workshop which was organised to reawaken the interest of the private sector, has been approved by the Federal Executive Council (FEC) and the implementation has commenced.

He stated that the ICT sector Roadmap 2017 to 2020, will focus on the ICT industry and infrastructure development, governance, policy, legal and regulatory environment, capacity-building and cross-cutting issues such as information  security and innovation.

“The intention in developing the roadmap is to create broad, yet flexible pathways to ensure that ICT reaches all the nooks and crannies of Nigeria as well as to provide every Nigerian with access to ICT and improved quality of service delivery by government.

“It will also promote public private partnerships (PPP) to attract investments in high quality infrastructural facilities and services.”

Shittu added that, in the roadmap, the ministry  plans to leverage business process outsourcing and other ICT sector opportunities to create two million jobs, establish a technological park and ICT exhibition centre, create ICT innovation hubs across the nation and reposition NIPOST to enable it provide cost effective 21st century services. Source: TechEconomy.ng.

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Finance

BREAKING: EFCC Declares Former Kogi State’s Governor, Yahaya Bello Wanted

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The Economic and Financial Crimes Commission has declared a former governor of Kogi State, Yahaya Bello, wanted for offences relating to economic and financial crimes.

This was contained in a notice posted on the commission’s official Facebook page on Thursday.

The notice read, “The public is hereby notified that Yahaya Adoza Bello (former Governor of Kogi State), whose photograph appears above is wanted by the Economic and Financial Crimes Commission in connection with alleged case of Money Laundering to the tune of N80,246,470,089.88

“Bello, a 48-year-old Ebira man, is a native of Okenne Local Government of Kogi State.

“His last known address is: 9, Benghazi Street, Wuse Zone 4, Abuja.”

The notice asked anybody with useful information about the former governor’s whereabouts to contact any of the commission’s offices across the country.

The anti-graft commission had earlier stated that it would, on Thursday (today), arraign the former governor before a Federal High Court sitting in Abuja.

This was after the EFCC was granted a warrant of arrest by the Federal High Court in Abuja to apprehend the former governor.

Punch reported that The agency’s team of lawyers, led by Kemi Pinheiro, SAN, during the proceedings on Thursday, said that EFCC operatives were prepared to carry out the arrest warrant for the former governor, even if it requires the use of force.

Bello and three other suspects, Ali Bello, Dauda Suliman, and Abdulsalam Hudu, will be arraigned before Justice Emeka Nwite.

They face 19 counts related to money laundering to the tune of N80,246,470,088.88.

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Finance

Naira Abuse: Court Grants Cubana Chief Priest ₦10M Bail

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The Federal High Court in Lagos State, on Wednesday, granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum.

On Tuesday, EFCC slammed him with 3 count charge over the abuse of naira and asked him to report to court.

In court, The celebrity bar man pleaded not guilty to tampering and abusing the naira during his trial.

Earlier on Sunday, the EFCC revealed that it was probing several celebrities over alleged abuse of Naira notes.

In a statement, its spokesperson, Dele Oyewale, said;

“Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.

“The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”

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Cubana Chief Priest Faces Three Count Charges By The EFCC Over Naira Abuse

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Popular celebrity bar man, Pascal Okechukwu well known as Cubana Chief Priest will be arraigned by the Economic and Financial Crimes Commission (EFCC) over abuse of the naira on Wednesday, according to court documents.

He is facing three count charges for allegedly spraying and tampering with the naira at a social event contrary to the provisions of the Central Bank Act of 2007.

Not too long away was crossdresser Bobrisky Sentenced to 6 months in prison over thesame money mutilation. Now it is Cubana Chief Priest.
It seems like the government is taking the naira abuse situation much more seriously now.

Cubana Chief Priest would be arraigned before Justice Kehinde Ogundare of the Federal High Court, Lagos.

Cubana Chief Priest seen spraying bundles of money in a wedding

A copy of the document filed on April 4th by EFFC’s prosecutor Rotimi Oyedepo (SAN) alongside seven other lawyers representing the chairman of the Commission read:

1- “that you, Okechukwu Pascal on 13th Feb. 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

2 – “that you Okechukwu Pascal sometime in 2020, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

3 – “that you Okechukwu Pascal sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

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