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The daughter of Kano State Governor, Abdullahi Umar Ganduje, has filed a fresh case against her ex-husband, Inuwa Bala

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Asiya Abdullahi Umar Ganduje, the daughter of Kano State Governor, Abdullahi Umar Ganduje, has filed a fresh case against her ex-husband, Inuwa Bala, before a Kano magistrates’ court.

Bala was arraigned before the presiding magistrate of Court 69, Ishaq Abdu Aboki, sitting at Muhammad Abubakar Rimi Market over six offences contained in a First Information Report (FIR).

The FIR borders around criminal force, assault, criminal trespass, causing hurt, mischief and inciting disturbance which are contrary to the Administration of the Criminal Justice Law of Kano State.

When the offences read to him by the court registrar, Nura Ahmad Yakasai, in the absence of the prosecution counsel, the defendant pleaded not guilty to all offences.

The defence counsel led by Hashim Mai Ulu applied for the defendant’s bail relying on Section 3C of the 1999 constitution as amended and sections 168, 172, 175 of the ACJL.

The magistrate granted the defendant bail in the sum of N50,000, with two sureties who must provide their passport photographs and means of identification.

He, however, adjourned the case to May 25 for continuation of hearing.

How EFCC Chairman demanded $2m Bribe from me – Governor Matawalle

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Governor Bello Matawalle of Zamfara State has accused the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, of demanding $2 million bribe from him.

He made the allegation amid the growing rift between the governor and the anti-graft agency.

In a statement on Wednesday, Matawalle called for Bawa’s resignation, saying he had questions to answer on corruption.

But the EFCC Chairman responded that he had nothing to hide and asked Matawalle to petition appropriate authorities if he had any evidence against him.

In an interview with BBC Hausa, Matawalle insisted that Bawa could not be trusted.

“It is not just to always blame governors. It is not only governors who have treasury, the federal government also has. What does the EFCC boss do to them? As he is claiming he has evidence on governors, let him show to the world evidence of those at the federal level.

“If he exits office, people will surely know he is not an honest person. I have evidence against him. Let him vacate office, I am telling you within 10 seconds probably more than 200 people will bring evidences of bribe he collected from them. He knows what he requested from me but I declined.

“He requested a bribe of $2 million from me and I have evidence of this. He knows the house we met, he invited me and told me the conditions. He told me governors were going to his office but I did not. If I don’t have evidence, I won’t say this.”

Contacted for reaction, Wilson Uwujaren, spokesman of the anti-graft agency, said he had not seen the story so he could not responded.

Told it was on BBC Hausa where Matawalle spoke, he said he could not speak Hausa and asked that the story link be sent for a response, but he had not responded at the time of filing this report.

Jonathan, conceding defeat, even before the formal announcement of the 2015 election result, was unprecedented and, definitely, not Nigerian – Buhari

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President Muhammadu Buhari, yesterday, reviewed the 2015 general election that brought him into office, and said the singular act of his predecessor, Dr Goodluck Jonathan, conceding defeat, even before the formal announcement of the election result, was unprecedented and, definitely, not Nigerian.

Buhari made the assertion at a farewell meeting with his media support group, Buhari Media Organisation (BMO), at the State House, Abuja.
The statement came as the president was billed to confer on the president-elect, Bola Tinubu, the country’s highest honour of Grand Commander of the Order of the Federal Republic (GCFR) during the handover of transition documents at the State House, Abuja, on May 25, ahead of his inauguration as the 16th President of Nigeria.

However, Buhari advised the High Commissioners of the United Kingdom, Richard Hugh Montgomery, and Sri Lanka, Velupillai Kananathan, to always uphold the noble standards of diplomacy, like their predecessors, by respecting Nigerian cultures and traditional institutions. He spoke, when he received Letters of Credence from the diplomats.

Jonathan called for the entrenchment of a culture of integrity across both the corporate and civil spaces as a way of addressing the problems associated with governance, democracy and development in the country.
At the same time, Secretary to the Government of the Federation (SGF) and Chairman, Presidential Transition Council, Mr Boss Mustapha, told a world press conference, yesterday, that nothing could stop the transition of power on May 29.

Nonetheless, Justice Inyang Ekwo of the Federal High Court, yesterday, adjourned till May 24 the ruling in a suit seeking to stop the inauguration of Tinubu as President of the Federal Republic of Nigeria on May 29, 2023.

Speaking at the farewell meeting with his media support team, the president recalled how elated he felt when his predecessor, Jonathan, “called me at 5:25 that evening to say congratulations. I said pardon me Mr. President? He said yes, I called to concede and congratulate you. That was equally very un-Nigerian.”
Buhari also likened the sacrifices of the BMO members to that of past leaders, citing, in particular, Generals Yakubu Gowon, Olusegun Obasanjo, and himself. He recalled how in the period of the civil war, he walked from Makurdi, in today’s Benue State, to the shorelines.

While calling on Nigerians to walk on the path of duty if they really wanted to see the country achieve new heights, the president showered praises on members of BMO for volunteering their time and energy throughout the eight years of his administration “without salary, letter of appointment or any formal rewards, describing their sacrifices as ‘very un-Nigerian.”

Buhari said the BMO had by their action given him inspiration and hope for a better Nigeria in the future.
He said, “I am so happy for all that you have done to support my administration. I don’t have enough words to thank you individually and collectively. I occasionally read your outbursts and often wondered what type of Nigerians are these? The sacrifices you have made for our success is beyond measure.”
The president described Nigeria as a lucky country given the natural resources available to it and its vast population, saying, “We don’t even know how much resource we have. A major part of Africa’s natural resources are domiciled in this country.”


Making comparisons with countries he had been to on military training, Buhari cited a particular instance, where people who died of hunger overnight, were cleared off the streets by refuse collectors.

He recalled, “People just moved on with their daily lives even in the face of these cultural shocks.”
Earlier, Chairman and Coordinator of BMO, Niyi Akinsiju, said, “As your administration ends on May 29th, 2023, we wish to state unequivocally that you have made the country proud and posterity will judge you favourably.”

A few days before he is out of office, El-rufai marks nine Ahmed Makarfi’s properties for demolition

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Nasir el-Rufai, governor of Kaduna, has revoked the right of occupancy (RO) of nine properties belonging to Ahmed Makarfi, a former governor of the state.

The affected properties have also been marked for demolition.

The notice of revocation and withdrawal of the right of occupancy was served to the officials of the affected properties on Thursday, in Kaduna.

The notice was signed by Mahmud Aminu, registrar of Kaduna Geographical Information Service (KADGIS) and addressed to Ibrahim Makarfi, director of  Cane Properties, Plot 11, Murtala Square, Doka.

Listed among the affected properties are five plots in Mogadishu, three plots on Kwato road and one plot at Doka, all within Kaduna metropolis.

“I have been directed to refer to the above right of occupancy and inform you that His Excellency, Governor of Kaduna State has in the exercise of the power conferred on him under section 28 (5) (a) and (b) of land use act 1978, revoked and withdrawal your rights and continued failure and contravention of covenanted terms and conditions of the right of occupancy,” the notice read.

Peter Obi slams US Gov’t for giving tacit legitimacy to Bola Ahmed Tinubu

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The Labour Party (LP) Presidential Candidate in the last general elections, Mr Peter Obi, has cautioned the United States for allegedly giving tacit legitimacy to the victory of Bola Ahmed Tinubu at the poll.

Tinubu’s victory is being challenged by Obi, the Peoples Democratic Party (PDP) candidate, Atiku Abubakar, among others, in court.

But the US Secretary of State, Antony J. Blinken, had called Tinubu on Tuesday, pledging a stronger ties between the US and Nigeria.

Atiku had also criticised the phone call, saying it was demoralising to the electorate who were aggrieved about the outcome of the election.

Obi in a series of tweets on Friday said the basis for the call lacked clarity and cautioned the US against taking sides in a matter that is before the court.

He wrote, “There is still a lack of clarity on the basis of the U.S. Secretary of State, Antony J. Blinken’s call to APC’s presidential candidate, Bola Ahmed Tinubu on 16th May 2023. The most fundamental tenet and core value of democracy is the rule of law.

“Nigeria’s democracy is founded on these principles which the American people hold dear. Without the risk of interfering in Nigeria’s domestic affairs, the U.S.-Nigeria relationship should be guided by the core values of democracy.

“Above all, Nigerians expect that the U.S. responses to our affairs should be based on mutual respect, shared ideals, aspirations and interests which ought to transcend the considerations of any individual.

“Contextually, the willful manipulation and falsification of the will of Nigerians as freely expressed during the February 25 elections cannot be overlooked by the true friends and partners of Nigeria.

“It is thus of overarching importance that a beacon of democracy like the United States should not respond to political developments in Nigeria in a manner that faintly suggests taking sides.

“There is an evolving political and judicial process around the last presidential election in Nigeria. We expect the United States to await the full resolution of the ongoing judicial processes before tacitly conferring legitimacy on any of the contending parties.”

Obi said the final determination of “the true winner” of the election can only be made by court, adding that “the issues in judicial contention imply far-reaching violations of both the Nigerian Electoral Law and the Nigerian Constitution.”

Nigerian Presidents do not need to seek medical treatment abroad anymore – Aisha Buhari

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First Lady Aisha Buhari has said Nigerian presidents do not need to seek medical treatment abroad anymore.

She said this after President Muhammadu Buhari commissioned the new N21 billion Presidential/VIP Wing of the State House Medical Center, located within the precincts of Presidential Villa in Abuja.

Speaking to State House reporters after the President had caught the tape and concluded a guided tour of the facility, the First Lady, said the facility would stop the need for the president and his family members to go abroad for medical treatment.

Mrs Buhari said she bought the idea of executing the project six years ago, following the extensive stay of her husband abroad for medical treatment.

She said now that the facility is in place, Nigerian Presidents and their family members will no longer need to go abroad for treatment but may only fly medical experts to assist their colleagues in the country.

When asked about her impression of the new medical center, Mrs Buhari said: “I’m quite happy, feeling fulfilled. Though we are leaving but all the same, we thank God the project has come to reality.

“I opted for it six years go. I initiated this project six years ago when my husband spent three months abroad, consecutively, 90 days, and it shouldn’t be because we have all the experts in Nigeria. We only need a good platform.
“The hospital that is supposed to serve the First Family is serving like 35,000 people, which is quite much.

“That’s why I insisted we should have a VIP Wing within the proximity of the presidential villa”, she said.

On whether the medical centre will now make it unnecessary for Nigerian leaders to go abroad for treatment, she

responded: “Yes. This one is for the health and wellness of the First Family. They don’t need to go abroad now. They only need to may be fly in experts to help our people. You know. So, no need for any leader to spend months and months abroad because of health care.”

Profile: Otunba Michael Olasubomi Balogun, A Journey of Entrepreneurial Excellence

Founder of First City Monument Bank (FCMB) and  Olori Omoba of Ijebuland,  Otunba Michael Olasubomi Balogun, is dead.

Family sources informed THISDAY that he died in London Friday morning.  

Balogun, who was Otunba Tunwase of Ijebuland, was aged 89.

Profile: Otunba Michael Olasubomi Balogun, was a prominent Nigerian entrepreneur, has left an indelible mark on the business landscape of Nigeria. His journey from humble beginnings to becoming a billionaire and influential figure is a testament to his resilience, vision, and unwavering commitment to excellence. In this featured article, we delve into the life and times of Otunba Michael Olasubomi Balogun, exploring the milestones, challenges, and invaluable lessons he has imparted to aspiring entrepreneurs.

  1. Early Life and Entrepreneurial Spirit: Born on March 9, 1934, in Ijebu-Ode, Nigeria, Otunba Balogun’s entrepreneurial spirit emerged at a young age. He recognized the opportunities in trading and embarked on his entrepreneurial journey by establishing a modest trading business.
  2. Founding First City Monument Bank (FCMB): Otunba Balogun’s visionary leadership led him to venture into the banking sector. In 1964, he founded the First City Monument Bank (FCMB). Under his guidance, FCMB grew to become one of Nigeria’s leading financial institutions, providing innovative banking solutions and playing a pivotal role in the country’s economic development.
  3. Pioneering Initiatives and Innovation: Otunba Balogun’s innovative thinking and strategic acumen propelled FCMB to introduce groundbreaking initiatives in the Nigerian banking industry. Notably, FCMB became the first bank in Nigeria to establish an Automated Teller Machine (ATM) and implement internet banking services, revolutionizing the way banking services were delivered.
  4. Philanthropy and Community Development: Beyond his business endeavors, Otunba Balogun has made significant contributions to philanthropy and community development. His commitment to social responsibility is evident through the establishment of the Otunba Tunwase National Pediatric Centre, providing advanced healthcare for children in Nigeria. Furthermore, he has dedicated resources to education, including the establishment of the Otunba Tunwase University and scholarships for deserving students.
  5. Leadership and Mentorship: Otunba Balogun’s leadership style is characterized by his commitment to mentoring and nurturing talent. He believes in empowering individuals and providing them with opportunities for growth. Through his mentorship programs and initiatives, he has inspired and guided aspiring entrepreneurs, leaving a lasting impact on the Nigerian business community.
  6. Overcoming Challenges and Embracing Change: Like any successful entrepreneur, Otunba Balogun has faced numerous challenges throughout his career. Economic downturns, regulatory changes, and intense competition are just a few of the obstacles he encountered. However, he demonstrated resilience and adaptability, leveraging strategic planning and innovation to navigate through turbulent times and emerge stronger.
  7. Ethical Business Practices and Corporate Governance: Otunba Balogun has set a benchmark for ethical business practices and corporate governance. He places a strong emphasis on transparency, accountability, and integrity. His commitment to high ethical standards has not only contributed to the success of FCMB but has also influenced the broader business community in Nigeria.
  8. Awards and Recognitions: Otunba Balogun’s outstanding contributions to the Nigerian business community have earned him numerous accolades and recognition. He has been honored with prestigious awards, including the Commander of the Order of the Niger (CON) and the Knight Commander of the Order of Saint Gregory the Great (KCSG).
  9. Legacy and Future Outlook: As Otunba Balogun continues to make a lasting impact on Nigeria’s business landscape, his legacy serves as an inspiration for future generations. His entrepreneurial journey is a testament to the power of perseverance, innovation, and ethical leadership. As Nigeria’s economy continues to evolve, his vision and principles will continue to shape and inspire the next generation of entrepreneurs.

Otunba Michael Olasubomi Balogun’s journey from modest beginnings to becoming a billionaire and influential figure in Nigeria’s business community is a remarkable tale of entrepreneurial excellence. His leadership, innovation, philanthropy, and ethical business practices have left an indelible mark on the Nigerian banking industry and society as a whole. Otunba Balogun’s life and times serve as a beacon of inspiration for aspiring entrepreneurs, reminding us that with vision, perseverance, and integrity, remarkable achievements are possible.

Main reasons house rent is expensive in Lagos, Abuja, and Port Harcourt

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House rent in Lagos, Abuja, and Port Harcourt, the major cities in Nigeria, is known to be relatively expensive compared to other parts of the country. Several factors contribute to this high cost of rent, which we will explore in detail below:

  1. Urbanization and Population Growth: Lagos, Abuja, and Port Harcourt are major economic and commercial centers, attracting a significant influx of people from various parts of the country. The rapid urbanization and population growth have led to increased demand for housing, resulting in higher rental prices.
  2. Limited Supply of Quality Housing: Despite the growing demand for housing, the supply of quality housing units in Lagos, Abuja, and Port Harcourt is limited. The existing housing stock often falls short of meeting the needs of the rising population. This supply-demand imbalance drives up prices.
  3. High Cost of Land: Land prices in these cities are exorbitant due to their prime locations and economic significance. Property developers and landlords face significant costs in acquiring land for construction, and these expenses are often passed on to tenants in the form of higher rent.
  4. Infrastructure and Maintenance Costs: Maintaining infrastructure, utilities, and amenities in these cities can be expensive. The cost of providing and maintaining essential services such as electricity, water supply, security, and waste management contributes to the overall cost of renting a property.
  5. Security Considerations: Lagos, Abuja, and Port Harcourt, being major cities, face security challenges. Property owners and landlords often invest in additional security measures to ensure the safety of their properties and tenants. These security costs can impact the rental prices.
  6. High Cost of Living: The cost of living in these cities is generally higher compared to other parts of Nigeria. This includes expenses related to transportation, food, healthcare, education, and entertainment. Landlords take these factors into account when setting rental prices.
  7. Economic Factors: The overall state of the economy, including inflation and exchange rates, can influence the cost of living and subsequently impact rental prices. Economic fluctuations and uncertainties can contribute to the volatility of house rent in these cities.
  8. Regulatory and Legal Factors: The legal and regulatory framework surrounding property ownership, rent control, and tenancy agreements can affect rental prices. In some cases, outdated or ineffective regulations may not adequately protect tenants or provide clear guidelines for rent control, leading to higher rent costs.

The high cost of house rent in Lagos, Abuja, and Port Harcourt can be attributed to a combination of urbanization, limited housing supply, high land prices, infrastructure costs, security considerations, high cost of living, economic factors, and regulatory aspects.

These factors collectively contribute to the overall expenses associated with renting a property in these cities.

Policymakers and stakeholders need to address these challenges by promoting affordable housing initiatives, improving infrastructure, and implementing effective regulatory measures to ensure that housing remains accessible to a wide range of individuals and families.

Otunba Subomi Balogun Is Dead

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Founder of First City Monument Bank (FCMB) and  Olori Omoba of Ijebuland,  Otunba Michael Olasubomi Balogun, is dead.

Family sources informed THISDAY that he died in London Friday morning.  

Balogun, who was Otunba Tunwase of Ijebuland, was aged 89.

As a high ranking Ijebu Chief, his death has not been officially announced.

It was however gathered that the family had informed the Awujale of Ijebuland of his death and a formal announcement would be made soon in line with tradition.


Details later…

Notable Nigerian millionaires sentenced to prison for fraud

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The Nigerian business landscape has witnessed several high-profile cases where once esteemed millionaires have faced the full force of the law for their involvement in fraudulent activities.

These cases have shaken the nation’s financial and social spheres, exposing the dark underbelly of corruption and deceit. This featured article highlights some of the notable Nigerian millionaires who have been sentenced to prison for fraud and provides insights into how their cases unfolded.

James Ibori

James Ibori

Former Delta State Governor James Ibori’s case stands out as one of the most significant in recent Nigerian history.

In 2012, he was convicted in the United Kingdom for money laundering and fraud totaling millions of dollars.

The trial revealed his elaborate schemes involving offshore accounts, luxury assets, and political connections.

Ibori served a prison sentence and later faced asset recovery proceedings.

2. Emmanuel Nwude

Emmanuel Nwude’s audacious scam captivated the world’s attention. In the 1990s, he conspired to defraud a Brazilian bank of $242 million by impersonating Nigeria’s then-Central Bank Governor. Nwude’s intricate plan involved forged documents and persuasive tactics. He was eventually apprehended and in 2005 became the first Nigerian to be convicted for advance fee fraud. Nwude served a prison sentence and forfeited significant assets.

3. Fred Ajudua

Fred Ajudua gained notoriety for his involvement in advance fee fraud, commonly known as “419 scams.”

Ajudua, along with his associates, defrauded individuals and businesses around the world out of millions of dollars.

In 2013, he was convicted and sentenced to prison for conspiracy to obtain money by false pretenses. Ajudua’s case shed light on the expansive network of fraudsters operating in Nigeria.

4. Tafa Balogun

Tafa Balogun, a former Inspector General of Police in Nigeria, faced corruption and money laundering charges in 2003. He was accused of embezzling funds from the Nigerian Police Force during his tenure.

Balogun pled guilty to eight counts of corruption and money laundering and was subsequently sentenced to six months in prison.

His case exposed the pervasive corruption within Nigeria’s law enforcement institutions.

The cases of these Nigerian millionaires sentenced to prison for fraud provide a glimpse into the depth and complexity of financial crimes within the country. These high-profile convictions serve as a reminder that no one, regardless of their wealth or status, is above the law. The legal proceedings surrounding these cases have highlighted the importance of robust investigations, diligent prosecution, and a commitment to fighting corruption.

While these convictions represent steps towards accountability and justice, they also emphasize the need for systemic reforms to prevent such fraudulent activities from occurring in the first place. Strengthening regulatory frameworks, promoting transparency, and fostering a culture of ethical business practices are vital for Nigeria’s economic growth and reputation on the global stage.

Moving forward, it is crucial for the Nigerian government, law enforcement agencies, and society at large to continue their efforts in combating financial crimes and promoting a culture of integrity. By holding individuals accountable for their fraudulent actions, Nigeria can foster an environment conducive to sustainable economic development and

UK authorities sponsor scheme to teach Ghanaian children not to scam British citizens

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The United Kingdom (UK) authorities sponsored a scheme in Ghana to train the nation’s students to desist from scamming British citizens.

UK and Ghana Police are sharing intelligence and training on how to tackle fraud. 35,000 students have received lessons on how to avoid fraud in the Volta Region.

Officers in the UK, according to reports, are providing Ghanaian police with details of victims’ suffering to reverse the £90 million a year scammed out of Britons by romance fraudsters.

Nik Adams, the commander coordinating UK police’s response to fraud, said; “We are working with the authorities over there to provide information back the other way about what our victims are experiencing so they can build that into their training products to demonstrate to young people in Ghana, the harm that’s been caused through these sorts of activities.

“It is about trying to build the moral courage for people to choose not to engage in that type of criminal behaviour. There are multiple approaches [to tackle fraud] – hard-edge law enforcement and some really powerful prevention work.”

The students at 24 high schools were taught how to avoid scholarship scams, where they could be defrauded with false promises of academic support, romance and dating scams, as well as advance fee fraud – upfront payments for goods that do not materialise.

Buhari approved the dissolution of the board of the Federal Roads Maintenance Agency

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President Muhammadu Buhari approved the dissolution of the board of the Federal Roads Maintenance Agency, FERMA, on Thursday in Abuja.

Mr Buhari’s media aide, Femi Adesina, stated that the president approved the appointment of James Akintola as the new board chairman to succeed Tunde Lemo.

Mr Lemo had earlier voluntarily stepped down from the position as FERMA board chairman.

“Other members of the old board have their terms renewed,” Mr Adesina stated.

He quoted Mr Lemo as conveying his appreciation to Mr Buhari for the opportunity given him to serve the country.

Mr Akintola, the new FERMA chairman had occupied corresponding position in many states before his new appointment.

A multi-skilled construction professional, Akinola had been Senior Special Assistant, Infrastructure in Ogun, and Consultant to Kwara government on infrastructure.

He was Special Adviser, Infrastructure in Oyo State and Executive Chairman, Lagos State Public Works Corporation, among others.

Mr Akintola holds a B.Sc. Architecture degree from the University of Lagos, and an M.Sc. in the same field from the then University of Ife, now Obafemi Awolowo University.