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Wednesday, 1 June 2016
Navy Arrests Dogonyaro, Adamu, Others for Vandalism in Niger Delta
In view of the above, 3 persons have been arrested by the operatives of the Nigerian Navy in connection with series of maritime crimes. The suspects are Sani a.k.a Dogonyaro, Usman a.k.a smally and Adamu Mani. The suspects are still undergoing investigation and will be handed over to the prosecuting authorities for further action. The arrest of these suspects has proven helpful in the fight against the criminals.
Similarly, operatives of Forward Operation Base (FOB) Badagry have arrested 5 citizens of Benin Republic in connection with economic crimes. The suspects are Mr Philmen Agboku, Mr Penu Daniel, Mr Sule Soka, Mr Dosu Victor and Mr Sodope Olivie. They were arrested on 26 May 2016 along Tongeji-Port Novo axis at about 0500hrs in a wooden cotonou boat conveying about 900 jerricans. The jerricans contained product suspected to be stolen Premium Motor Spirit (PMS). However, the suspects are being interrogated in order to get indepth view of the gang and its sponsors.
Additionally, on 26 May 2016 NN operative continued to deter criminals from operating illegal crude oil refineries and pipeline vandals. The Patrol team deployed from NNS DELTA destroyed a large illegal refinery with storage tanks containing stolen crude oil and illegally refined Automotive Gas Oil (AGO) at Ayakurumo Community in Burutu LGA, in Delta State. Also the patrol team recovered 3 pumping machine and a cotonou boat carrying 80 drums of illegally refined AGO measuring 300 liters each.
Navy Arrests Dogonyaro, Adamu, Others for Vandalism in Niger Delta
In view of the above, 3 persons have been arrested by the operatives of the Nigerian Navy in connection with series of maritime crimes. The suspects are Sani a.k.a Dogonyaro, Usman a.k.a smally and Adamu Mani. The suspects are still undergoing investigation and will be handed over to the prosecuting authorities for further action. The arrest of these suspects has proven helpful in the fight against the criminals.
Similarly, operatives of Forward Operation Base (FOB) Badagry have arrested 5 citizens of Benin Republic in connection with economic crimes. The suspects are Mr Philmen Agboku, Mr Penu Daniel, Mr Sule Soka, Mr Dosu Victor and Mr Sodope Olivie. They were arrested on 26 May 2016 along Tongeji-Port Novo axis at about 0500hrs in a wooden cotonou boat conveying about 900 jerricans. The jerricans contained product suspected to be stolen Premium Motor Spirit (PMS). However, the suspects are being interrogated in order to get indepth view of the gang and its sponsors.
Additionally, on 26 May 2016 NN operative continued to deter criminals from operating illegal crude oil refineries and pipeline vandals. The Patrol team deployed from NNS DELTA destroyed a large illegal refinery with storage tanks containing stolen crude oil and illegally refined Automotive Gas Oil (AGO) at Ayakurumo Community in Burutu LGA, in Delta State. Also the patrol team recovered 3 pumping machine and a cotonou boat carrying 80 drums of illegally refined AGO measuring 300 liters each.
Over 5000 Participants for 2016 CBN Cashless CardExpo In Lagos
Over 5000 participants across the globe from the local and international payment community, top government agencies have indicated interest [Signed up] for this year’s edition of the biggest Card, e-Payment and Identification Exhibition in Africa, tagged: CBN CASHLESS CARDEXPOAFRICA 2016.
The annual event organized by Intermarc Consulting Limited, seeks to provide opportunity where ecommerce platforms, banks, telco’s, payment companies, government agencies and large retailers learn about, evaluate and purchase the latest smart solutions, payment and banking technologies which will transport their businesses to the zenith.
According to the organisers of the conference, Intermarc Consulting Limited, this year’s conference which is the 16th edition will have special focus on retail payment and e-commerce.
General Manager, Intermarc Consulting, Lilian Ekwedike, said that the 3-day forum aims at aggregating major players along the e-commerce value-chain and presenting cutting edge solutions and services that will drive African economy.
‘It’s designed to connect people with the leading players in the retail payment and ecommerce sector. The conference will focus on new users as well as the service delivery strategies that would deliver the future of retail payments and e-commerce.”
“New trends in e-commerce show that purchase of goods and services can occur with payment made on the point of sale (PoS) at a merchant location through the internet, or by telephone. E-commerce is driving massive economic growth across Africa.” She noted.
Speaking further, Ekwedike noted that “currently, retail payment claimed a larger volume in mobile and web payment in 2014. Investors interested in Africa can look forward to unique openings and possibilities in this segment.”
The event which is slated for 14th to 16th of June holds at the prestigious Eko Hotel and Suites.
Meanwhile, the governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, will lead other analysts, thought leaders and decision makers to interact and postulate the future of e-commerce in Africa with Nigeria as the springboard on the theme: ‘Retail Payment and Ecommerce.
For further information on the conference, you can contact; Lilian – 08091015525(lilian@intermarc-ng.com) or visit: www.cardatmandmobilexpo.com
EX EMPLOYEES OF BUA GROUP LAMENT NON PAYMENT OF ENTITLEMENTS
Former employees of Nigerian conglomerate, BUA Group, have called on the federal government to
investigate the company over its alleged indulgence in foreign exchange (forex) round tripping and
tax evasion.
The group of disengaged employees of the company also, last week, crippled the Victoria Island
Head office of the company, over alleged unpaid benefits following the sale its subsidiary to Olam
Group.
The protesting former workers of BUA led by one Akasan Sylvester, accused the company of its
Chief Executives, Mr. Abdulsamad Rabiu, of active involvement in illegal diversion of Nigeria’s
scarce foreign exchange.
According to them, “BUA’s actions are tantamount to money laundering and economic sabotage.
The chairman of BUA boldly boasted of how he has been funding various investments and assets
outside Nigeria with foreign exchange from his offshore company.
It was this claim that made us suspicious and we decided to investigate these so called offshore sources of foreign exchange”.
“What we found was that over a period of time, BUA collected huge amounts of forex from the CBN through Form M to open LCs to fund the construction of multi-million dollar plants for flour, noodles spaghetti and sugar at various locations like Port Harcourt, Kano, Apapa and Kirikiri.
They now went on to transfer all these assets to an offshore company, Amber Foods which he formed as a special purpose vehicle for this purpose.
“He however, went ahead to illegally dispose these assets to another offshore company called
Olam, thereby blocking the avenue for the repatriation to Nigeria of the returns of investment on
assets that were funded with forex from Nigeria.
His action is illegal and tantamount to economic sabotage and money laundering. It will be of interest to get BUA to furnish the CBN with details of Amber, the offshore company, a Panamanian based company especially details of their capital importation certificate for the funds repatriated to Nigeria.
His illegal syphoning of forex and the resultant capital flight would also have denied our Federal Inland Revenue Service (FIRS) capital gains tax due from the investments. We therefore request that a high powered investigation of BUA in order to expose the unpatriotic acts of sabotage, the ex-employees said.
The aggrieved protesters stormed the BUA office on Adetokunbo Ademola Street, Lagos, before
midday on Wednesday, May 18, 2016, displaying placards with various inscriptions like: “pay us
our 10%; Our redundancy is not negotiable negotiable: Our efforts made BUA Group & Co worth
N35bn: We are not slaves, pay us our 10%”.
Coordinator of the protest, Akasan Sylvester, explained that their due entitlements had not been paid in full and what was given to them from sales of BUA Group International was pittance compared to what should be paid. Among other things, they demanded payment of redundancy package to all workers of BUA Flour and Pasta to a tune not less than 20percent of the total sales of the company.
Reacting, the Group Head, Corporate Communications of BUA, Mr. O’tega Ogra, said the action of the former employees was a surprise because the company paid them fully on December 18, 2015 after selling its asset to Olams. He said: “BUA Group International sold its asset on January 11, 2016.
So we handed over the employees to our buyer (Olam) and paid them off. We kept informing the employees. So the protesters are not even under our employment following the handover; they are now employees of Olam and I don’t know why they are here picketing us” he addedTuesday, 31 May 2016
DELE GOLD: THE PRECIOUS MUSICIAN DROPS NEW VIDEO- EVERY KNEEL A MUST WATCH
UK's House of Lords Remembers, Honours Bola Amole
In her lifetime, Chief (Mrs.) Bola Amole was known to be a woman of great
influence and a role model to many. Her status as a businesswoman of
international repute was never in doubt. As an agriculturist, she made her
mark and with her company, BIMS African Foods, she became one of the very
first women to import agricultural crops into the United Kingdom and the EU
from Nigeria.
See What Sir Shina Peters' Wife Sammie Posted On His Birthday And Their Wedding Anniversary
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A double celebration it was for Sir Shina Peters who clocked 58 and also celebrated his 21th wedding Anniversary to his wife Sammie Peters yesterday.
A cancer survivor after battling it for two years, Sammie took to her facebook to send a shout out message to her husband while sharing photos from their wedding day.
Monday, 30 May 2016
Democracy Day: Speaker Obasa Urges Nigerians To Be Hopeful, Says Nigeria On Way To Recovery
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has urged Nigerians to remain hopeful assuring that the country is on the way to recovery from the mladministration of the past.
Speaker Obasa stated this in his Democracy Day message released in Lagos on Sunday, 29th May, 2016, signed by his Chief Press Secretary, Musbau Rasak.
The Lagos Assembly Speaker commended Nigerians for their patience over the past one year noting that they should not lose hope as there are clear signs that the country is on the way to recovery.
"It was obvious that the country has suffered serious maladministration in the 16 year rule of the Peoples Democratic Party (PDP) and in correcting this, there is the need to put in place enduring structures that will assist in reviving the economy.
"The past one year has seen the laying of solid foundation on which the resurrected economy will rest. Without this solid foundation, the economy will be groping in the dark. This is what the All Progressives Congress (APC) government at the centre has been doing and we will soon start to see the benefits and gains," Speaker Obasa said.
He assured Nigerians that the APC administration at both state and national level is committed to putting in place solid structures that will ensure that Nigerians enjoy full dividends of democracy even at their doorsteps.
Speaker Obasa commennded the Lagos Srare Governor, Mr. Akinwunmi Ambode who he said, has built on the solid foundation of his predecessors to put smiles on the face of Lagosians.
"The case of Lagos should be a role model for other states in the federation. The state has been under the rule of the progressives for the past 16 years and the result has been that the state continues to grow in leaps and boumds.
The Akinwunmi Ambode administation has built on the foundations laid by his predecessors and he has achieved tremendous success in just 12 months.
"Lagos is growing, developing and making astronomical progress under Ambode, our Governor deserves commendation," he said.
Speaker Obasa urged Nigerians not to relent in their support, cooperation and prayers for the APC government at both state and national level assuring that, "we've indeed got out of the dark tunnel, the light is here".
Sunday, 29 May 2016
WHY LAGOS IS MAKING STEADY PROGRESS, BY OBA AKIOLU
…As Ambode Vows To Create Jobs With Golden Jubilee Celebration
Oba of Lagos, HRM Oba Rilwan Akiolu 1, on Saturday said the rapid transformation and development of Lagos State is largely due to the visionary, selfless and committed leaders which the State is blessed with, just as he said that the sterling achievements of the State has made it to remain a pride to all.
Oba Akiolu, who spoke at the Inaugural Lecture to herald the Lagos at 50 Celebration held at the Glover Hall, Lagos, said the achievements of the State in all spheres of life did not just occur, but that same happened through the enduring legacies put together by leaders of the State since creation.
Oba Akiolu, while highlighting the history of Lagos, said right from the time of first civilian governor of the State, Pa Lateef Kayode Jakande down to the incumbent Governor Akinwunmi Ambode, the State had been blessed with great leaders who genuinely have the interest of the State at heart and are totally committed to the development and progress of the State.
The monarch also recalled how former President Olusegun Obasanjo denied the State of its federal allocation, and how former Governor Bola Tinubu and his team responded to the challenge by creating unique solution to the financial crisis, which is still working till date.
Also speaking at the lecture, Governor Ambode assured that the one year long activities lined up to celebrate the golden jubilee of the State would be geared towards creating jobs and attracting more investors to the State.
He said the celebration was designed to showcase the culture, arts, language, heritage and legacies of the State.
The Governor, who was represented by his Deputy, Dr. Mrs Idiat Oluranti Adebule, said Lagos has always been one enviable State where both domestic and international investors want to invest, but that his government would build on such to attract more investors into the State.
He said: “This event is a way to showcase Lagos to the world and attract more investors into our dear State. With more investors in the State, more job opportunities would be provided for our people and aside that, the celebration itself would ensure creation of jobs for our teeming youths, artisans and so on.”
While soliciting for the support and corporation of residents, Governor Ambode said government alone cannot achieve everything which is why the people must work with government by paying their taxes and carrying out their civic responsibilities.







