₦airaland Forum

MrSundry:
A Pastor in Delta State made the news on Tuesday for reportedly selling his church and its congregation to another pastor before relocating abroad.

The details of this unusual transaction remain shrouded in mystery, with many wondering how such a sale could even occur.

Pastor Samuel Ojo, the spiritual leader of the Graceful Abode Church in Delta State, according to local residents, allegedly brokered handed over his entire ministry to Pastor Michael Ade, who had a congregation of his own.

Graceful Abode Church members were purportedly in shock when they learnt of the sudden change in leadership.

The development however raised questions about the ethics and integrity of religious leaders.

Source: https://www.informationng.com/2023/11/delta-pastor-allegedly-sells-his-church-members-to-another-cleric-moves-abroad.html

Nlfpmod

@Nlfpmod you can close this thread, since you decided to open same thread after mine and you pushed it to frontpage. Nice one

https://www.nairaland.com/7904626/pastor-samuel-ojo-sells-church

PDP's defragmentation in Plateau state during the last election is a lesson to all political parties. Internal democracy must be upheld all time irrespective of whomever is bankrolling the party.

Relocation sales

A Pastor in Delta State made the news on Tuesday for reportedly selling his church and its congregation to another pastor before relocating abroad.

The details of this unusual transaction remain shrouded in mystery, with many wondering how such a sale could even occur.

Pastor Samuel Ojo, the spiritual leader of the Graceful Abode Church in Delta State, according to local residents, allegedly brokered handed over his entire ministry to Pastor Michael Ade, who had a congregation of his own.

Graceful Abode Church members were purportedly in shock when they learnt of the sudden change in leadership.

The development however raised questions about the ethics and integrity of religious leaders.

Source: https://www.informationng.com/2023/11/delta-pastor-allegedly-sells-his-church-members-to-another-cleric-moves-abroad.html

Nlfpmod mynd44

Obidients are taking Rufai Oseni to the cleaner for referring to Datti Ahmed as emotionally immature during a podcast interview.


https://www.youtube.com/watch?v=g2QaQiI_pk8

Cc: Nlfpmod

Lol
N5m to date you, coming from someone that can't afford to use P.O.P in her house😂

The level "delulu" and entitlement ehnn

The Ohanaeze leader described the action as unfair and contravenes the principles of federal character.

The President General of the Igbo apex socio-cultural group, Ohanaeze Ndigbo, Emmanuel Iwuanyanwu, has threatened to sue the Federal Government for appointing just five ministers from the South-East.

The Ohaneze stated that the Federal Government failed to be fair to the South-East by giving them more ministerial appointments like other zones of the country in the Federal Executive Council. Iwuanyanwu made this disclosure at a press conference in Owerri, the Imo capital.
“It is unfair for the President to give the southeast only five slots for ministerial appointments while other zones boast of 10 ministers,” he said.

The Ohanaeze leader described the action as unfair and contravenes the principles of federal character.

He also appealed to the Federal Government to create additional states in the South-East to make it even with other geo-political zones in the country.

He added that the inability of the government to create an additional state is causing a lot of underdevelopment and suffering in the South-East.

Source: https://www.channelstv.com/2023/10/25/ohanaeze-threatens-to-sue-fg-over-south-east-ministerial-slots/

nlfpmod

Good recommendations. Implementation is the main thing.

https://www.youtube.com/watch?v=i2AxfXCej4c?si=zUsASdtyVu3lWbMQ

Another drone footage of illegal structures built INSIDE Gedegede - Ikota drainage channel. Shot 2019

As shared by Lagos State Ministry of Environment - @moe_lagos

Damn

This follows the promotion of deserving officers to the rank of Deputy Inspectors-General of Police by the Police Service Commission.

The Acting Inspector-General of Police, Kayode Egbetokun has ordered the posting and redeployment of seven DIGs to various departments.

This follows the promotion of deserving officers to the rank of Deputy Inspectors-General of Police by the Police Service Commission.

According to a statement by the Force Public Relations Officer, Muyiwa Adejobi, DIG Bala Ciroma has been redeployed to head the Department of Finance and Administration, DIG Frank Emeka Mba to the Department of Training and Development, and DIG Habu A. Sani, to head the Force Intelligence Bureau.

Others are DIG Usman D. Nagogo to Department of Logistics and Supply, DIG Daniel Sokari-Pedro, to Department of Information and Communication Technology, DIG Ibrahim Sani Ka’oje, to Department of Research and Planning, and DIG Ede Ayuba Ekpeji to head the Department of Operations.

Similarly, the IGP has approved the posting of some Assistant Inspectors-General of Police to the Commands and Formations of the Force.

AIG Oladimeji Yomi Olanrewaju has been posted as the Force Secretary, AIG Yekini Adio Ayoku, to head the Police Mobile Force, AIG Idris Dabban Dauda, to Zone 16 Yenagoa, AIG Oyediran Adesoye Oyeyemi, to head the Police Cooperative, and AIG Benjamin Okolo Nebeolisa, to AIG Department of ICT.

The IGP charged the newly posted and redeployed senior officers to entrench professionalism in their respective Departments, Commands, and Formations while prioritizing human security and people-centric policing services.

Source: https://www.channelstv.com/2023/09/05/igp-deploys-mba-ciroma-other-promoted-digs-aigs/

When Jesse Ghansah cofounded Float in 2020, his definition of the problem his startup would solve was clear: closing the $300 billion liquidity gap for Africa’s small and medium businesses. But three years later, the company has dug itself into a hole with at least $6 million in unpaid deposits to startups. While the company’s original business model focuses on providing credit services to businesses, its recent losses stem from an unrelated venture.

Float attempted to profit from Nigeria’s currency exchange arbitrage by completing trades on behalf of businesses looking to buy or trade the US dollar with the local currency, three people with knowledge of the situation told TechCabal. The company, which raised $17 million last year in a round backed by Tiger Global, sourced foreign currencies through third-party brokers who traded on the speculative currency black market and USDT, the cryptocurrency stablecoin pegged to the dollar.

While Float profited from currency trading in Nigeria for the better part of the last 12 months, its fortunes turned after it became a victim of fraud in the unregulated and speculative market it attempted to profit from, the sources claimed. Two sources said that at least four startups have an estimated $6 million stuck with Float due to those trading losses.

With co-founder Jesse Ghansah scrambling to remedy the situation, startups who used Float face a significant risk of never getting their money back. The companies involved declined to comment on the record for this story, while one startup spoke about an ongoing police investigation to resolve the issue. TechCabal made persistent efforts to contact Float’s cofounders, and while Jesse Ghansah agreed to a meeting, he did not take calls or reply to messages.

An ill-fated deal

In May, Float entered into a trading agreement with a firm looking to buy as much as $2.5 million of the greenback. Float agreed to make the trade using a fixed exchange rate of ₦748 to $1, according to internal documents seen by TechCabal. Float received the naira equivalent of the total sum, promising to remit the agreed dollar amount to the client’s designated bank account within two days.

Float, however, was defrauded by its exchange merchant when it attempted to buy the $2.5 million worth of USDT. Sources said it successfully bought only $1.5 million of the digital currency and lost $1 million. In the unregulated currency speculation market, trust is fickle. And for large transactions, the wait time to complete a transaction could take a few hours, currency traders told TechCabal. During this window, there’s a high chance of getting conned. “No matter how many times you trade, every time you transfer naira, the wait time until the merchant releases the USDT to you is filled with anxiety,” said one trader who asked to be anonymous to allow them to speak freely. “This is a largely unregulated space; nothing will happen if the merchant doesn’t release the USDT after collecting naira.”

The $1 million fraud put a hole in Float’s balance sheet, people familiar with its finances told TechCabal. Yet the company continued trading, agreeing to source US dollars for more clients. It suffered further complications in June when efforts by the newly elected Nigerian government to stabilize the exchange rate caused a 63% devaluation within a few days. Currency volatility persisted, causing the naira to slide to ₦950 to the US dollar on the black market.

Float, with its promise to provide dollar liquidity to businesses within a few days at a fixed rate, became a victim of the volatility. Fast-rising rates meant it could not settle previous trades at the agreed value, people close to the company told TechCabal. Executives at two startups who requested anonymity declined to confirm how much money their transactions involved.

Another executive at a startup who also requested anonymity confirmed that it held $3 million in deposits with Float. “The goal is to work with Float and get all of our money back,” he said. He added that despite the situation, his company’s operations are unaffected; “It’s important to state this hasn’t impacted our operations; we’re solid in terms of runway.”

Other sources told this publication that Float is working on bridge financing and will present payment plans to its clients as it tries to salvage the situation; they also shared that Float’s investors are in the process of a forensic audit of the company’s finances. TechCabal contacted Tiger Global Management, one of Float’s investors, to understand whether it was aware of the situation but did not receive a response at the time of this report. Another investor who asked not to be mentioned confirmed that a forensic audit is in the works and that “the situation is being handled.”

Source: https://techcabal.com/2023/09/01/float-fx-trades-5bn-losses/

Nlfpmod

The presidency should have finalized all these changes before announcing the portfolios. The optics are so bad for a "he is prepared" administration.

President Bola Tinubu on Sunday redeployed ex-Governor of Osun State and minister-designate, Adegboyega Oyetola, from the Ministry of Transportation to the Ministry of Marine and Blue Economy.

The President also redeployed another minister-designate, Abubakar Momoh, from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development.

“The Federal Ministry of Youth is to be re-assigned to a Minister-Designate soon,” said presidential spokesman, Ajuri Ngelale, in a statement on Sunday.

The changes take immediate effect, said the presidential spokesman.

According to Ngelale, Tinubu also redeployed a minister-designate, Bunmi Tunji-Ojo, to the Ministry of Interior while Sa’idu Alkali was redeployed as the Minister of Transportation.

The statement added, “Furthermore, both Ministers of State in the Oil & Gas sector are now domiciled in the Federal Ministry of Petroleum Resources with the following designations:

“(i) Sen. Heineken Lokpobiri is the Hon. Minister of State (Oil), Petroleum Resources

“(ii) Hon. Ekperipe Ekpo is the Hon. Minister of State (Gas), Petroleum Resources

“The President approves the renaming of the Federal Ministry of Environment and Ecological Management as the Federal Ministry of Environment,”

The President had last week assigned portfolios for the 45 ministers-designate and reserved the Minister of Environment and Ecological Management for Kaduna State.

Source : https://www.channelstv.com/2023/08/20/tinubu-redeploys-oyetola-tunji-ojo-renames-environment-ministry/

mynd44, Nlfpmod

Chai.. In Patrick Obahiagbon's voice "Oh How are the mighty fallen"?

Truly, power is transient

Internet doesn't forget. The moral of the story is to always ask yourself, "Will I be proud of this tweet in ten years?" before you post it.

The goat ended up in the Lion's belly.

Here is the link to the full video:

The goat eventually ended in the Lion’s belly. See full video here 😂pic.twitter.com/IMqr17AFZ7

— Henry O (@Uncle_Onos) August 2, 2023

PlayerMeji:
Then why is POVERTY also 7 letters

Interesting.....

you are a bad boy, a very bad boy

Maybe he had double promotion

Blacklist

AmotekunSW:
But when Emefiele disobeyed the Supreme court, you hypocrites were deaf and dumb.
Emefiele will see shege and nothing you shameless hypocritical persons can do about it.

Stop being a nuisance. Two wrongs don't make a right.

Finally, develop the ability to communicate your thoughts and beliefs without using offensive language. You will benefit from this as you journey in life.

Flagrant disregard for the rule of law and court orders in Nigeria is so appalling. This is not a banana republic!!

The tussle ensued after a Lagos court granted the suspended CBN chief bail and ordered that he should be moved from DSS custody and remanded at a correctional centre.

Operatives of the Department of State Services (DSS), on Tuesday, re-arrested suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, after a tussle with officials of the Nigerian Correctional Service (NCS).

Emefiele’s re-arrest occurred on the premises of a Federal High Court in Lagos sitting in Ikoyi after Justice Nicholas Oweibo admitted the embattled and suspended apex bank chief to bail in the sum of the N20m.

The judge also ordered that Emefiele be remanded at the correctional center pending the fulfillment of the bail conditions.

Battle For Emefiele’s Custody

Shortly after the ruling, DSS operatives strategically positioned their Hilux Pick Up van used in bring Emefiele to court, in a manner suggesting that they wanted to take him back to their detention centre. This prompted Emefiele’s lead counsel, Joseph Daudu, a Senior Advocate of Nigeria (SAN), and other lawyers to raise an alarm about their client’s planned re-arrest by the secret police.

After the court ruling, the suspended CBN governor holed up inside the courtroom with his lawyers.

However, when the prison officials moved to take Emefiele into custody pending the fulfillment of his bail conditions, the secret police challenged them and it led to a fight.

Amid the clash, Emefiele’s lawyers “reluctantly allowed the DSS disobey court order and take custody of their client” to avoid a gun battle.

The prison officials then exited the court in their vehicle and the DSS took charge.

Source :https://www.channelstv.com/2023/07/25/breaking-dss-re-arrests-emefiele-after-tussle-with-prison-officials/

oluwaseyi0:
2002 to 2023 is 7 years? are you using on colos caculator

Read and comprehend before commenting.

Taiwo rose to the position of Partner within 7years of joining PWC (fastest career growth in the history of Pwc Nigeria).

Nonny95:
No mind am.
He thinks LP is there to play opposition 😁😁.

LP is there to watch the selected President fail woefully and his master strategy claims exposed to everyone.

"Watch the selected president fail woefully."

This is just pitiful. You're implying that the senators and representatives from the LP are there to for the purpose of, "we told you so." Regardless of ethnicity, religion, or political allegiance, Nigeria must come first if we are to build this great country. Without regard to our tribe, all Nigerians will suffer greatly if Tinubu fails miserably.

Damn

Kudos to the armed forces!!

The United Kingdom Thursday said it will ‘significantly’ increase visa fees and immigration health surcharge (IHS) to help fund pay increases in its public sector.

“First we are going to increase the charges that we have for migrants who are coming to this country when they apply for visas and indeed something called the immigration health surcharge which is the levy that they pay to access the NHS,” UK Prime Minister Rishi Sunak said at a press conference.

He said if the government is to prioritise paying public sector workers more, the money had to come from somewhere else because he is not prepared to increase people’s taxes and does not think it would be responsible or right to borrow more as it would only worsen inflation.

“All of those fees are going to go up and that will raise over a billion pounds. Across the board visa application fees are going to go up significantly and similarly for the immigration health surcharge for migrants who are coming to this country legally…,” Mr Sunak added.

He noted that it is the appropriate thing to do as neither of these fees has been increased in recent times even as general costs have continued to increase, adding that it is a significant contribution to helping the government pay public sector workers.

Public sector workers in the UK including teachers and health workers have recently embarked on strikes demanding a pay increase. Accepting the recommendation of the independent pay review body, the government has now agreed to a pay increase of between five and seven per cent.

This pay increase will be funded by foreigners coming to the UK through increased visa fees and health surcharges, the prime minister said.

The surcharge is currently £470 per year for students and those on Youth Mobility Scheme visas and £624 per year for all other visa and immigration applications. The same amount must be paid for any dependents.

Source: https://www.premiumtimesng.com/foreign/world-foreign/609796-uk-to-increase-visa-fees-health-charges-for-migrants.html

UK visa application fees are about to increase “significantly,” says PM Rishi Sunakpic.twitter.com/2FUT430oqg

— Larry Madowo (@LarryMadowo) July 13, 2023

St Giles' Cathedral in Edinburgh, Scotland, where a service of remembrance was held, before mourners are allowed to pay their respects.

Commonwealth Student Samuel Nwokoro was among the officials.


Cc: Mynd44

I currently need a reliable supplier of boneless beef within Lagos/Ogun.
Quantity Required: 100KG to 1MT.

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