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Lawmakers Task EFCC To Investigate Suspended NPA Boss

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Lawmakers have called on the Economic and Financial Crimes Commission (EFCC) to investigate the suspended Managing Director of the Nigerian Port Authority, Hadiza Bala Usman over alleged mismanagement of N165 billion.

This was revealed in a statement on Monday by the Minority Leader of the House of Representatives, Honourable Ndudi Elumelu.

They insisted that such huge economic crime against the nation should not be left to an administrative panel of enquiry, but committed to an anti-graft agency for an independent investigation.

It, therefore asked the Economic and Financial Crimes Commission (EFCC) to immediately “take in the indicted Managing Director, Hadiza Bala Usman, and commence a system-wide investigation with a view to prosecuting her, if found wanting”.

“Our Caucus holds that the mere suspension of the indicted Managing Director of the NPA, Hadiza Bala Usman, and the resort to an administrative panel of enquiry even after the report by the Supervising Minister of Transport, Rotimi Amaechi, exposed an unremitted and possibly diverted operating surplus of N165 billion, amounts romancing and perfuming corruption by the APC-led Federal Government.

“The Minority Caucus also believes that the recourse to an administrative instead of a full-scale criminal investigation can only serve as a decoy to shield some other APC government officials involved in the looting spree at NPA and other affiliated agencies in the transport sector,” the statement read in part.

The lawmakers expressed concerns that by committing the alleged NPA looting to an administrative panel, political manipulations and partisan influences had taken precedence over what should have been a system-wide investigation into a monumental fraud.

“This is because, apart from the unremitted N165 billion cited by the Minister, other documents and reports from the Office of the Auditor General of the Federation had also uncovered several sleazes, including unremitted deduction to Federal Inland Revenue Service (FIRS) amounting to N3,667,750,470. $148,845,745.04, Euro 4,891,449.50 and £252,682.14.

“This is in addition to audit query of N15.18 billion allegedly stolen through inflated Corporate Social Responsibility (CSR) projects/programmes under the watch of the suspended NPA Managing Director.

“As representatives of the suffering people of Nigeria, our Caucus is particularly very worried that such monumental lootings are going on at a time terrorists, bandits, unknown gunmen, and criminal militias are reigning supreme across the length and breadth of the country and life has consequently become the cheapest article in the country,” the lawmakers said.

They added that such resources if channelled to the security sector and well managed would have made a world of difference in addressing the problem of insecurity in the country.

Edo Police Arrest Two Men For Taking N5.2m Cash Dropped By Escaping Robbers

The Edo Police Command has arrested two men, Monday Imafidon and Ifeanyi Okafor, who stole the loot dropped by a four-man gun-toting gang that robbed a POS outlet of N5.2 million.

The robbery operation took place in Uromi, Esan north-east local government area of the state, where the hoodlums stormed the POS outlet on a motorcycle.They robbed everyone in sight, including the operator. Moments after the robbery, a detachment of police operatives and some residents gave the robbers a hot chase, following which they threw away their loot.

Though the robbers were arrested, Imafidon and Okafor and some others at large, took advantage of the chaos to steal the money.
One of the suspects confessed to stealing only part of the money.
“I saw people running after some men on a motorcycle and suddenly we saw plenty money. I joined other boys to collect the money. The total money we got was N2.5 million, all of us shared it, and I got N600,000”.

The state’s PPRO, SP Kontongs Bello, who confirmed the incident, said some cash had been recovered from the suspects.

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Niger State Prisoners Run From Facility After Rainstorm Brings Down Part Of Fencing

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Many prisoners serving time at the Suleja Correctional Centre, located in Suleja Local Government of Niger state, fled the facility after a rainstorm brought down a part of the inner fencing.

This incident happened as a result of the heavy rainfall which fell on Wednesday night. This led to a cell being torn down, providing incarcerated individuals with a chance at freedom.

Reporters gathered that security forces fired many shots in the air, attempting to scare the inmates out of hiding.

While the State Comptroller of Prisons declined to speak to the press, it has been noted that security has been beefed up on the Minna-Suleja and Suleja-Kaduna roads, including the Madalla axis to Abuja road, which is a likely escape route out of the state for the inmates.

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EFCC: Former Governor Of Kogi State, Yahaya Bello Fails To Show Up In Court, Says He Is Scared Of Arrest

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The embattled immediate past Governor of Kogi state, Yahaya Bello, says he would have appeared at the Federal High Court in Abuja to answer to the 19-count charge preferred against him by the Economic and Financial Crimes Commission, EFCC, but is afraid he would be arrested.

Though Bello was absent for his arraignment today April 23, His team of lawyers addressed the court on his behalf.

A member of his legal team, Adeola Adedipe, SAN, had this to say on his behalf;

“The defendant wants to come to court but he is afraid that there is an order of arrest hanging on his head,” Adedipe, SAN, submitted.

Adesipe then appealed to the court to set aside the exparte order of arrest it earlier issued against the former governor. The lawyer contended that as at the time the order of arrest was made, the charge had not been served on his client as required by the law.

He argued that it was only at the resumed proceedings on Tuesday that the court okayed substituted service of the charge on the defendant, through his lawyer.

“As at the time the warrant was issued, the order for substituted service had not been made. That order was just made this morning. A warrant of arrest should not be hanging on his neck when we leave this court,” counsel to the defendant added.

According to him, the Federal Government did not consult the 36 States of the federation before it enacted the EFCC Act through the National Assembly. He argued that section 12 of the 1999 Constitution, as amended, required the various Houses of Assembly of states to ratify the Act before it could become operative.

“This is a very serious matter that borders on the constitution and the tenets of federalism. It has to be resolved because as it stands, the EFCC is an illegal organization,” Bello’s lawyer added

However, EFCC’s lawyer, Mr. Kemi Pinheiro, SAN, urged the court to refuse the application, insisting that the warrant of arrest should not be set aside until the defendant makes himself available for his trial.

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Nigeria Has Secured $2.25B World Bank Loan With An Interest Rate Of 1% – Minister Of Finance

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The minister of Finance and coordinating minister of the economy, Wale Edun has announced that Nigeria has secured a $2.25bn World Bank loan with a 1% interest rate.

While speaking at the annual meetings of the International Monetary Fund (IMF) and World Bank Group on April 20, Edun disclosed that the loan was approved by the board of directors of the World Bank, and offers a 40-year term, a 10-year moratorium, and a one percent interest rate.

He said;

“If you look at the fact that we have qualified for the processing, just this week to the board of directors of the World Bank of a total package of $2.25 billion.

“There is no such thing as a free lunch but it is the closest you can get to free money. It is virtually a grant. It is about 40 years, 10 years moratorium and about one percent interest. That also is part of the flow that you can count.”

He added that Nigeria also secured similar budgetary support and low-interest funding from the African Development Bank (AfDB). Edun said;

“Clearly, there are also ongoing discussions with foreign direct investors. Some of these things take longer than you expect but they are relatively advanced discussions on major foreign direct investments flows into the country, specific transactions with specific companies, institutions, and authorities.”

This news has however stirred different reactions from citizens as not everyone agrees with the idea of Nigeria borrowing money.

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