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EFCC Acknowledges Receipt Of ‘Bullion Van’ Petition Against Tinubu

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Breaking!!! EFCC arrests ex governor, Okorocha and wife
The Economic and Financial Crimes Commission (EFCC) says it has received a petition asking to begin an investigation into the source of the money which was carried to the home of the National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu, on the eve of the 2019 presidential election via a bullion van.

The office of the chairman of the commission acknowledged the receipt of the petition, written by Concerned Nigerians, on Friday.

It will be recalled that the Acting Chairman of the commission, Ibrahim Magu, in a press briefing on November 12, 2018, said the agency would investigate Tinubu anytime it receives a petition to do so.

The petition read: “The Commission would recall that it was reported all over the news that bullion vans allegedly containing an undisclosed amount of cash were seen entering the home of Bola Ahmed Tinubu, former governor of Lagos State on the eve of Nigeria’s presidential election. Tinubu himself admitted to this fact while responding to questions by journalists.

“It is pertinent to note that section 7 (1) (b) of EFCC Establishment Act 2004 gives the Commission the power to investigate properties of any person that it appears to the Commission that the person’s lifestyle and extent of the properties are not justified by his source of income.

Read Also: Bullion Van Saga: EFCC Gets Petition To Investigate Tinubu (PHOTO)

“To the best of our knowledge, Mr Bola Ahmed Tinubu is a private citizen who ordinarily should not be seen with a convoy of bullion vans.

“The questions begging for answers are: What were bullion vans doing in the house of Asiwaju Bola Ahmed Tinubu? Who owns the content, believed to be cash in the bullion vans that were seen entering the house of Bola Ahmed Tinubu on the eve of Nigeria’s presidential election? Has the Commission, based on its core mandates, investigated the source of the bullion vans? Is Bola Ahmed Tinubu’s house now a bank where bullion vans take money?”

 

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Akeredolu: There’s A Serious Security Crisis In Ondo

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Akeredolu: There’s A Serious Security Crisis In Ondo

Governor Akeredolu

Governor Rotimi Akeredolu of Ondo State has expressed that there is a serious security crisis in Ondo State.

He made this remark while lamenting the murder of a monarch in the state, Olufon of Ifon in Ose local government, Oba Isreal Adeusi, who was killed by suspected kidnappers.

In a statement issued by the Commissioner for Information and Orientation, Donald Ojogo, Akeredolu described the incident as a sad one for the State.

Also Read: Unknown Gunmen Kill Ondo Traditional Ruler, Olufon Of Ifon

The governor described the act as a heinous crime that is too heavy and unbearable.

He said he has directed security agencies, especially the Nigeria Police, to fish out the perpetrators of the crime.

Akeredolu also vowed to do all he can to unravel those behind the act and make them face the full wrath of the law.

He advised that caution should be exercised from making public reference in statements or utterances in respect of the “great loss.”

 

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Nigeria’s Economy May Emerge From Recession In 2021 Q1, Says Emefiele

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 Nigeria’s Economy May Emerge From Recession In 2021 Q1, Says Emefiele

CBN Governor – Godwin Emefiele

The Central Bank of Nigeria (CBN) has predicted that the nation’s economy may emerge from recession in the first quarter of 2021.

Recall that some days ago, Nigeria entered into recession for the second time since 2016.

CBN Governor, Godwin Emefiele, made the prediction on Friday during the 55th annual Bankers Dinner which held in Lagos.

He expressed that the expected economic growth was two per cent.

Also Read: Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Emefiele said, “With the sustained implementation of our intervention measures, we do expect that the Nigerian economy could emerge from the recession by the first quarter of 2021.”

“We also expect that growth in 2021 would attain 2.0 per cent. However, downside risks remain, as restoration of full economic activities, particularly in service-related sectors, remains uncertain until a COVID vaccine is produced and made available to millions of people across the world.

“Second, with the significant rise in cases in advanced markets and the imposition of lockdowns in parts of Europe, concerns remain on the impact this could have on growth in advanced economies, commodity prices and the financial markets.”

He also called for measures to “insulate our economy from the impact of these shocks through our diversification efforts, while also working to ensure that we adhere to safety protocols in order to prevent a surge in COVID-19 related cases, as this could further cripple economic activities.

This prediction by the apex bank echoes the projection of the Minister for Finance, Budget and National Planning, Zainab Ahmed, who stated that Nigeria would exit recession in the first quarter of 2021.

 

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Shehu Sani Reacts To Hisbah’s Call For Scrapping Of Black Friday

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Shehu Sani Reacts To Hisbah's Call For Scrapping Of Black Friday

Shehu Sani

Former lawmaker, Senator Shehu Sani has reacted to the call for the scrapping of the popular ‘Black Friday’sales by the Kano State Hisbah Board.

Recall that earlier on Friday, the board asked a radio station, demanding that it stops using the word “Black Friday” to refer to Friday.

Also Read: TECNO Stormed Computer Village with BBNaija’s OZO to Wrap up its Black Friday Sales Activities

The board explained that since Friday is regarded as a holy day in Islam, tagging it “Black Friday” is derogatory and a thus, should not be condoned.

Reacting to the statement, the former lawmaker from Kaduna described the threat by the Hisbah board as ‘nonsensical.”

He wrote:

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