₦airaland Forum

A former state military administrator is not telling the Economic and Financial Crimes Commission (EFCC) how he came about the N4billion in Abuja with which he built a four-star hotel in Abuja that was later sold to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.


The anti-graft agency has already invited all those connected with the transaction between the ex-MILAD and the embattled ex-Minister.

The Nation gathered authoritatively last night that the hotel could be seized by the EFCC.

The ex-MILAD is also said to have been implicated in a $318m mono-rail project in Rivers State.

Investigation by our correspondent revealed that EFCC investigators,after examining the ex-MILAD’s accounts, are now seeking details of the offices held by the retired Brigadier-General, his pay slips,retirement benefits and accruing pensions.

The investigation of the ex-MILAD may extend to his stakes in some high net worth companies including one of the firms involved in a $318m rail project.

A top source familiar with the probe said: “Apart from establishing the purchase deal, we are looking into the accounts and business activities of the former MILAD, who retired as a Brigadier-General. We want to establish how he came about the N4billion hotel and whether or not he is a business front for some political office holders.

“We are in touch with the army authorities to seek the details of the offices held by the former Brigadier-General, his pay slips and retirement benefits and accruing pensions. We want to trace his records.

“We have just discovered that he was allegedly involved in a $318million rail project in Rivers State. This dimension is expanding the scope of our ongoing investigation of the ex-MILAD.

“At a point, the former MILAD was linked to botched plans to buy Metropolitan Hotel in Calabar. You can see that we have his dossiers.”

Responding to a question, the source added: “So far, we have invited all those connected with the hotel deal between the ex-MILAD and Diezani for interrogation. Some of them include bankers and estate agents.

“One crucial aspect of the investigation of Diezani’s hotel deal is that there were elements of e-transactions when the hotel was bought. We can easily trace all the links.”

The source said after diligent investigation, the EFCC might seize the hotel in line with the Interim Assets Forfeiture Clause in EFCC Act.

Sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004 empower the anti-graft agency to invoke Interim Assets Forfeiture Clause.

“Section 28 of the EFCC Act reads: ‘Where a person is arrested for an offence under this Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic or financial crime and shall thereafter cause to be obtained an interim attachment order from the Court.’

Section 13 of the Federal High Court Act reads in part: “The Court may grant an injunction or appoint a receiver by an interlocutory order in all cases in which it appears to the Court to be just or convenient so to do.

“Any such order may be made either unconditionally or on such terms and conditions as the Court thinks just.”

The National Crime Agency (NCA) in the UK arrested and quizzed Diezani and four others on October 2, 2015 for alleged bribery and corruption and money laundering.

The EFCC is understood to have also quizzed three to five more suspects since the interrogation of Diezani by the NCA.

NCA last year obtained permission from a Westminster Magistrate’s Court to seize 27,000 pounds from Diezani and two other women.

EternalTruths:
If you don't allow money and looks to blind you, the right person will always be with you.

Zikavirus:
Nigeria?

mtcheeeeewwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww

Oga atak gawd begew, please un-quote the full update. We value our e-Space so much that we can voke Amadioha in conjunction with Alekwu & Ogun to visit whoever that is found wasting nonsensically..

Pic 5. Some Indegines Of Kastina State, Northern Nigeria In 1960s.

Pic 6. Carter Bridge In Lagos In 1960.

Pic 7. Carter Bridge In Lagos In 1963.

Pic8. A Collection Of Mercedes Benz-Ponton In 1960s In Nigeria.

Lalasticlala, Mynd44

Nigerians from all over the world are celebrating their 56th independence anniversary on October 1, 2016.

This, like previous years, promises to be one that gives many Nigerians that nostalgic feeling as they remember how the years under the colonial masters were and the yearnings of the people.

Nigeria gained independence in 1960 through the British government legislated constitutions and has since tried to hold her citizens together in unity, a task which she has often struggled with.

However, Nigerians regardless of their ethnic background or religion, still belong to the southern and northern protectorates which the country was divided to by Sir Frederick Lord Lugard, who happened to be the country’s first governor general.

Ever since, the new constitution which was legislated by the British government established a federal system with an elected prime minister and a ceremonial head of state.

Today, Nigerians whether happy or sad, will commemorate the 56th year since the country became an independent nation, and NAIJ.com have discovered some amazing throw back pictures of the post independence celebration in 1960.

Here Are The Pictures Below:

Pic 1. Lagos Railway In 1960.

Pic 2. Tafawa Balewa, Nigeria's First Prime Minister With Queen Of England During Nigeria's First Independence Day Celebration In 1960.

Pic 3. Western House Of Assembly, Ibadan.

Pic 4. Spectators On Nigeria's Independence Day 1960

timeman:
How does liftng news mention from @punchng.com stops you@BeeBee0oh from being a wailer..abi na today?. By the time we are done with you, you go beebee.
Kiss the truth!

kITATITA:
PMB should just forget about the refineries. The cabal fuel importers will never allow them work. Simply sell it to them

timeman:
OP is this news giving you a running stomach?. Wailers are allergic to good news. Stupid wailers, senseless wailers.
Obey the truth!

ETHIX:
Source pls

Lalasticlala, Mynd44

President Muhammadu Buhari on Saturday said Nigeria would save $10 billion annually from importation of petroleum products when the nation’s four refineries were fully repaired.

The president disclosed this in a nationwide broadcast to mark the nation’s 56th Independence Anniversary on Saturday.

The President frowned at the situation where half of the nation’s foreign exchange earnings were being spent on importation of petroleum and food items.

He attributed the current socio-economic hardship being experienced in the country to inability of the previous administrations to save for the “rainy days’’.

He said, “Historically about half our dollar export earnings go to importation of petroleum and food products, Nothing was saved for the rainy days during the periods of prosperity.

“We are now reaping the whirlwinds of corruption, recklessness and impunity.

“There are no easy solutions, but there are solutions nonetheless and government is pursuing them in earnest.

“We are to repair our four refineries so that Nigeria can produce most of our petrol requirements locally, pending the coming on stream of new refineries.

“That way we will save $10 billion yearly in importing fuel.’’

Buhari said his administration’s economic revival strategy was centred on the Ministry of Power, Works and Housing.

He explained that the ministry will lead and oversee the provision of critical infrastructure of power, road transport network and housing development.

He said power generation in the country had steadily risen since his administration came on board from three 3,344 megawatts in June 2015, to a peak of 5,074 megawatts in February.

“For the first time in our history, the country was producing five thousand megawatts.’’

He, however, lamented that renewed militancy and destruction of gas pipelines had continued to cause acute shortage of gas and constant drop in electricity output available on the grid.

The president also noted an appreciable improvement in power transmission between June 2015 to September 2016.

He said there were only two system collapses between June and December 2015, while the over-all system suffered 16 system collapses between March and July 2016 alone.

He attributed the incidents to vandalism by Niger Delta militants.

He said, “As I have said earlier, we are engaging with responsible leadership in the region to find lasting solutions to genuine grievances of the area but we will not allow a tiny minority of thugs to cripple the country’s economy.

“In the meantime, government is going ahead with projects utilising alternate technologies such as hydro, wind, and solar to contribute to our energy mix.

“In this respect, the Mambilla Hydro project, after many years of delay is taking off this year.’’

According to the president, contract negotiations for the Mambilla project are nearing completion with Chinese firms for technical and financial commitments.

He said the project would be jointly financed by Nigeria and the Chinese-Export-Import Bank.

Buhari said power purchase agreements on 14 Solar Power Projects had been concluded.

He said, “Hence, the plan to produce 1,200 megawatts of solar electricity for the country will be realised on schedule.”

NAN

[size=13pt]President Muhammadu Buhari on Saturday admitted that there are no easy solutions to the mirage of problems bedeviling The country.[/size]

He however assured Nigerians that his administration is earnestly pursuing the solutions available to it with a view to repositioning the country.

Buhari said this in his nationwide broadcast to the nation in commemoration of Nigeria’s 56th Independence Anniversary.

Describing economies behaviour as cyclical, the President said all countries face ups and downs.

He attributed the recession being witnessed in the country to shortage of foreign exchange and the violence being perpetrated by the Niger Delta Avengers.

He however assured Nigerians that the problems are temporary.

[b]Buhari said, “Our own recession has been brought about by a critical shortage of foreign exchange. Oil price dropped from an average of $100 per barrel over the last decade to an average of $40 per barrel this year and last.

“Worse still, the damage perpetrated by Niger Delta thugs on pipelines sometimes reduced Nigeria’s production to below one million barrels per day against the normal 2.2million barrels per day. Consequently, the naira is at its weakest, but the situation will stabilise.

“But this is only temporary. Historically about half our dollar export earnings go to importation of petroleum and food products! Nothing was saved for the rainy days during the periods of prosperity. We are now reaping the whirlwinds of corruption, recklessness and impunity.

“There are no easy solutions, but there are solutions nonetheless and Government is pursuing them in earnest. We are to repair our four refineries so that Nigeria can produce most of our petrol requirements locally, pending the coming on stream of new refineries. That way we will save $10bin yearly in importing fuel.”

On the economic crisis facing the county, Buhari said he was aware of the difficulties being faced by Nigerians.

He said he was aware that many families could not afford to pay children’s school fees or buy foods at exorbitant prices while many others are unemployed.

He added that as a salary earner all his adult life, he is also aware of the problem inherent in insufficient salary.

Amidst all these, Buhari assured Nigerians that the economic crisis would not last.[/b]

[b]The President said, “I know that uppermost in your minds today is the economic crisis. The recession for many individuals and families is real.

“For some It means not being able to pay school fees, for others it’s not being able to afford the high cost of food (rice and millet) or the high cost of local or international travel, and for many of our young people the recession means joblessness, sometimes after graduating from university or polytechnic.

“I know how difficult things are, and how rough business is. All my adult life I have always earned a salary and I know what it is like when your salary simply is not enough. In every part of our nation people are making incredible sacrifices.

“But let me say to all Nigerians today, I ran for office four times to make the point that we can rule this nation with honesty and transparency, that we can stop the stealing of Nigeria’s resources so that the resources could be used to provide jobs for our young people, security, infrastructure for commerce, education and healthcare.

“I ran for office because I know that good government is the only way to ensure prosperity and abundance for all. I remain resolutely committed to this objective.

“I believe that this recession will not last. Temporary problems should not blind or divert us from the corrective course this government has charted for our nation. We have identified the country’s salient problems and we are working hard at lasting solutions.

“To re-cap what I have been saying since the inception of this administration, our problems are security, corruption and the economy, especially unemployment and the alarming level of poverty.”

The President insisted that on security, his administration had made progress by defeating the Boko Haram last December, leaving the sect resorting to cowardly attacks on soft targets, killing innocent men, women and children.

Besides Boko Haram, Buhari said his administration was confronting other long-running security issues, including herdsmen vs farmers, cattle rustling, kidnappings, saying the government is firmly resolved to tackle these challenges and to defeat them.

He again read the Riot Act to Niger Delta militants who have been vandalising oil installations, saying his administration would no longer tolerate their excesses.[/b]

Lalasticlala, Mynd44

onyedika946:
If am not mistaken, i heard pastor somewhere here.

U.N. Children’s Fund warns that about 75,000 children will die next year in Nigeria.

The horrible prediction is based on famine-like conditions created by Boko Haram if donors don’t respond quickly.

The Fund stresses that’s far more than the 20,000 people killed in the seven-year Islamic uprising.

Arjan de Wagt, nutrition chief for UNICEF in Nigeria, notes that the severity of malnutrition levels and high number of children facing death make the humanitarian crisis confronting northeastern Nigeria perhaps the worst in the world.

De Wagt explains that most severely malnourished children die of secondary illnesses like diarrhea and respiratory infections.

[b]The expert says: “But with famine, you actually die of hunger. Globally, you just don’t see this. You have to go back to places like Somalia five years ago to see these kinds of levels. Nearly 260,000 people died in Somalia between 2010 and 2012 from severe drought aggravated by war.”

On Thursday UNICEF doubled the amount of its appeal for Nigeria, saying $115 million is needed to save children. However, only $24 million has been raised so far.
Speaking about the whole society De Wagt stressed: “Of 4 million people in desperate need of food are about 2.2 million people trapped in areas where Boko Haram is operating or in newly liberated areas that still are too dangerous to reach by road. Among them, 65,000 are living in famine-like conditions.”

In their turn aid group Doctors Without Borders states: “The crisis has reached catastrophic levels for people who have sought refuge in towns controlled by the military but who are entirely reliant on outside aid that does not reach them”.[/b]

However, de Wagt admits that the agency continues to deliver some therapeutic food by helicopter and to train local health workers to treat malnourished children living in dangerous areas.

Doctors Without Borders state that the highest levels of starving children are in camps in Maiduguri, the northeastern city free of conflict where aid workers have been active for two years: “The mortality rate is five times higher than what is considered an emergency, with the main cause being hunger”.

Lalasticlala, Mynd44

The leader of the Indigenous People of Biafra in a recent move filed a petition against the judge presiding over his case Justice John Tsoho.

Kanu in his petition to the National Judicial Council (NJC) called for an investigation into two different rulings giving by Justice Tsoho on an application by the Department of State Services (DSS) to protect its witnesses during his trial.

The judge had in first ruling said that a secret trial would not be conducted for Kanu but following an oral application by the prosecution, the judge in a second ruling, reversed the court’s order to permit the federal government protect its witnesses at the trial.

Also, Kanu in a recent video has called for the sack of the judge.

He said: “When will he (the judge) be sacked? I want him to be sacked as a judge.”

Meanwhile, Justice Tsoho in a recent ruling at the Federal High Court disqualified himself from further hearing on the matter.

He ruled the case file on Kanu’s matter be transferred to the chief judge of the Federal High Court Ibrahim Auta.


Tsoho also said that even if the NJC takes a contrary decision, his court will not handle the matter.

Below are the photos of the petition filed to the NJC by Kanu:

sarrki:
thanks for that link

I love people with facts and figures

God bless you

See you on other national topic soon

Lalasticlala, Mynd44

sarrki:
Totally with you on this

We gave him 4 years mandate let us see him through

We appraised him by is Performance 2019 vs 2015

sarrki:
My brother

I must comend you for your maturity in your argument

Having said that agriculture should be imbibe by all

Govt can not do agriculture, they can only create

Enabling environment & policy for individuals or

organization that Wants to go into Agro business

sarrki:
Also note that these are parastatal under information

These parastatal are key to the Nigerian nation

They have their justification in doing so




:, Nigerian Broadcasting Commission (NBC),

Federal Radio Corporation of Nigeria (FRCN),

Nigerian Television Authority (NTA),

National Orientation Agency (NOA)

News Agency of Nigeria (NAN)


Voice of Nigeria (VON)

sarrki:
Thanks bro

sarrki:
As a patriot you have to maintain that standard

No matter the provocation.

Fmr president Gej is our past

We must face reality Pmb is our present

The way we manage now either positive or negative

Determines our future (Nigeria )

sarrki:
Bro it will make alot of sense to back it up with facts

& figures

Help us screenshot the budget of 2016

To compare what you said