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Nigeria: How Buhari’s Ally, Isa Funtua, Fraudulently Acquired KeyStone Bank and 9Mobile

31Dec

By admin2 Comments

Corruption, News, Nigeria

Nigeria: How Buhari’s Ally, Isa Funtua, Fraudulently Acquired KeyStone Bank and 9Mobile

How Isa Funtua fraudulently acquired KeyStone Bank and 9Mobile using AMCON MD Recently, a shocking story came out to public knowledge about how Keystone Bank and 9Mobile were acquired in controversial circumstances by the business interests of one Alhaji Isa Funtua, a close friend of President Muhammadu Buhari, via the instrumentality of Asset Management Corporation of Nigeria (AMCON). As the smoke raised by the scandalous story is still swirling in the air, with some public groups challenging the government to come out clean on what could be a serious dent on its anti-corruption stance, there is indeed no smoke without fire. For starters, it is a confirmed fact that the son-in-law of Isa Funtua, Ahmed Kuru, is the current CEO of AMCON. Before him, the previous CEO, Chike Obi, was a fi...

Nigeria: Buratai Invites Editors to Maiduguri, Offers Each N500,000 by Churchill Umoren

31Dec

By adminNo Comments

Corruption, News, Nigeria, Security

Nigeria: Buratai Invites Editors to Maiduguri, Offers Each N500,000 by Churchill Umoren

...Army chief Buratai implores the media to take it easy and not pursue "negative" stories about it. Last week Army spokesman, Lt. Col SK Usman, at the behest of Army chief Buratai, invited 40 journalists, so many editors, to Maiduguri. All expenses paid. It was a meeting that had two phases. He met with Heads of NGOs and officials of UN agencies in the NE. The theme for the media? To implore the media to take it easy and not pursue "negative" stories about how the military high command are stashed funds meant for soldiers, allowing them die like hens when in combat with Boko. One of those they accuse was Babajide Otitoju of TVC. Usman personally accused him of " demoralizing" troops. Babajide was there at the diner and got his share took photos with d boss and promised to take it ea...

Opinion: Nigeria in the Throes of Anarchy – by Mike Ozekhome

31Dec

By adminNo Comments

Human Rights, News, Nigeria, Security

Opinion: Nigeria in the Throes of Anarchy – by Mike Ozekhome

A press statement by Mike Ozekhome's chambers on the unconstitutional siege laid by the Nigerian Police on Senator Dino Melaye's house, at no 11 Sangsha street Maitama, Abuja. On Friday, the 28th of December, 2018, a team of plain-clothed policemen, stormed Senator Dino Melaye’s house at No 11 Sangha Street, Maitama, Abuja, and barricaded the entire street before eventually forcefully gaining entry into his compound. The said plain-clothed policemen proceeded to beat up Melaye’s security whom they immediately handcuffed. They also arrested the cook and other domestic staff in Senator Dino’s residence. His relatives approached the head of the said security to find out why they were treating Dino, a serving Senator of the Federal Republic of Nigeria in such high-handed and disdainful man...

Nigeria: 2019: PDP Rejects Nationwide Military ‘Operation Python Dance’

31Dec

By admin1 Comment

News, Nigeria, Press Statement

Nigeria: 2019: PDP Rejects Nationwide Military ‘Operation Python Dance’

…Accuses Buhari of Plotting To Use Military To Rig Poll The PDP Presidential Campaign Organization (PPCO) alerts that President Muhammadu Buhari is plotting to use the planned nationwide military 'Operation Python Dance' to legitimize his administration's ploy of using the military to intimidate voters and rig the 2019 Presidential election, having realized he cannot win in a free and fair poll. This plot is in consonant with the desperation of the Buhari Presidency to foist a siege mentality on the nation ahead of the 2019 general elections, harass voters and create a sense of escalated insecurity, so as to stalemate the electoral process, once it becomes clearer that the All Progressives Congress (APC) was losing. Our investigation shows that part of the plot is to use the mil...

28Dec

By adminNo Comments

Breaking News, Life, News, Nigeria

Breaking News: Shehu Shagari Dies at 93

Nigeria's second republic President Alhaji Shehu Shagari has died at the age of 93. Shagari passed on this morning at the National Hospital Abuja after a brief illness. He became the President of the Federal Republic of Nigeria when he took over from the military administration of Olusegun Obasanjo on October 1, 1979. He however only served as president till December 31st, 1983 when he was overthrown in a military coup by the current President Buhari. While announcing the death, Bello Shagari, grandson to the late Shagari said "I regret announcing the death of my grandfather, H.E Alhaji Shehu Shagari, who died right now after brief illness at the National hospital, Abuja."

Nigeria: Wike Snubs Media, Presents N.5 Trillion Budget

26Dec

By Akanimo SampsonNo Comments

Economy, News, Nigeria

Nigeria: Wike Snubs Media, Presents N.5 Trillion Budget

Governor Nyesom Wike of Rivers State on Christmas eve presented the 2019 Appropriation Bill of around half a trillion naira to the state House of Assembly for necessary legislative action without inviting the press for the presentation ceremony. Wike does not seem to be enjoying getting the press closely involved in the activities of his administration. Neither his Special Assistant on Electronic Media, Simeon Nwakaudu nor Information Commissioner, Emma Okah, enjoys picking calls and responding to text messages from journalists. The cold shoulder the Wike administration has been offering journalists practicing in the state has been a matter of serious concern to the Correspondents Chapel of the Nigeria Union of Journalists. Local sources in Port Harcourt, the state capital, say as...

Opinion: Shocking Fact – Why Nigeria’s Power Sector Privatization is not Succeeding

26Dec

By adminNo Comments

News, Nigeria

Opinion: Shocking Fact – Why Nigeria’s Power Sector Privatization is not Succeeding

Despite the fact that privatisation was necessary, the wicked 1999 Constitution actually planned its failure by bringing up agencies, controls and over Lordship that must kill it. So the federal government Electricity Power Sector Reform Act in 2005 (EPSRA 2005) which led to the creation of PHCN, NERC, NBET, NESI, and the unbundling of NEPA into 6 generation and 11 distribution companies. By 2013, NEPA had been privatised. The government did not privatise the Transmission Company of Nigeria (TCN); they held on to it. For easy understanding, TCN is the platform through which the GENCOs and DISCOs relate. The NERC controls them all. Was the privatisation necessary? Yes! Government has no business in business. And no more salaries overhead. Was the privatisation successful? Hell, n...

Opinion: Northern Sentiment Southern Ointment by Mansur Isah Buhari

26Dec

By adminNo Comments

Economy, News, Nigeria, Religion, Security

Opinion: Northern Sentiment Southern Ointment by Mansur Isah Buhari

A northern or southern president cannot solve our problems, a Nigerian president can. You can't have excuses and results. Sentiments don't solve problems; they compound them. Every region in Nigeria has its peculiar sentiment issues. I chose to talk about northern sentiment because I can authoritatively do so without the fear of being sentimental. The north is most interested in having a northern President rather than a Nigerian president. The only experience and qualification one needs to have the total support of an average northerner to become a president is "Alhaji" or "Malam" contesting against a "mister". Now that the north is gradually burning, we want the rest of Nigeria to join us in speaking up because Nigeria now belongs to all of us. Most times when they do spea...

Opinion: Buhari, You Don’t Need More Time Sir! By Reuben Abati

20Dec

By adminNo Comments

News, Nigeria

Opinion: Buhari, You Don’t Need More Time Sir! By Reuben Abati

On the occasion of his 76th birthday, on Monday, President Muhammadu Buhari who is running for a second term in office, was quoted as having said that he needs more time in office. More time in office means: “vote for me for another term of four years.” “Allow me to serve you as your President for four more years.” I congratulate President Muhammadu Buhari on the occasion of his 76th birthday. I know him fairly well. I can write a long epistle about him. I can also write on what I know about him and how his path and mine have crossed, but that is one of the many stories in my head that will be told someday. The time for that will come. This piece is meant to congratulate him and advise him. At 76, President Buhari can definitely look back at his life with joy, a measure of contentmen...

José Mourinho sacked by Manchester United after worst start in 28 years

18Dec

By adminNo Comments

Sports

José Mourinho sacked by Manchester United after worst start in 28 years

José Mourinho has been sacked as Manchester United manager following Sunday’s defeat at Liverpool, ending a tenure that began in May 2016. United finally lost patience with a head coach who was not adhering to the club’s core attacking values and who had overseen their worst start to a campaign for 28 years. Mourinho was also relieved of his duties due to a transfer spend of around £400m on 11 players that, it is understood, the club insist were all the Portuguese’s choice. In addition to the disquiet regarding the side’s stultifying style, there was further disappointment at Mourinho’s development and improvement of United’s younger players. The club also took into account the growing unhappiness from fans at the direction of the club under Mouinho. It is understood the compensation du...