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It has been a very challenging time for us in the country — Tinubu

President Bola Tinubu has said that the last one year of his administration has been quite challenging.

President Tinubu who said this at the inauguration of engineering infrastructure in Guzape District Lot II, in Abuja, noted that his administration has been retooling and rejigging the country’s financial system to bring prosperity and relief to the people.
He also said that his administration is prioritizing people-focused development by providing essential infrastructure and amenities that will improve the quality of life of the people.

Tinubu said;

“Minister Nyesom Wike has provided exceptional leadership at a trying time for the country. It has been a very challenging time for us in the country. We are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country.

“You have demonstrated the capacity to build a team, lead a team, and deliver on promises. I commend you. To all of you here, to the District Head of Guzape, and the representatives, litigation is not the answer. Compensation is the answer.

“Development that is focused on the people for economic prosperity and benefits is what we should pursue.”

By Emma Onye Nkuzi

An Igbo lady gets shocked after she visits her uncompleted building in Abuja and finds out it was already occupied.

She was carrying the new born baby by the occupants with compassion and pity.

According to the lady, she was surprised to learn that her uncompleted building had been taken over by a Hausa family that couldn’t converse in English. The lady did not seem bothered by the new occupants’ actions and offered them N2k before leaving.

𝐍𝐚𝐢𝐫𝐚 𝐚𝐛𝐮𝐬𝐞: 𝐄𝐅𝐂𝐂 𝐚𝐫𝐫𝐞𝐬𝐭𝐬 𝐰𝐨𝐦𝐚𝐧 𝐟𝐨𝐫 𝐬𝐩𝐫𝐚𝐲𝐢𝐧𝐠 𝐍𝟏𝟎𝟎𝟎 𝐧𝐨𝐭𝐞𝐬

Investigators of the Economic and Financial Crimes Commission, Gombe State Zonal Command, have arrested a woman identified as Janty Emmanuel for allegedly abusing the Nigerian currency in the state

Nigerian Pastor Jailed In The UK For Pocketing Church Funds

Ebenezer Oduntan, former pastor of Redeemed Christian Church, passed five times more than declared income through accounts.

A former pastor of a Christian church based in Kildare has been convicted of a range of theft charges, involving more than €125,000, as well as multiple breaches of company law and deception.

As well as stealing money, Ebenezer Oduntan, former pastor of the Redeemed Christian Church of God (RCCG) City of David, ran an elaborate fraud, generating payments from the Revenue Commissioners.

Mr Oduntan, Curragh Grange, Newbridge, Co Kildare, has now been convicted of all 87 charges he faced.

When his bank accounts were analysed as part of a criminal investigation into his finances, he was found to have passed five times more than his declared income through his accounts for the years 2012-2018.

: Rivers Governor, Fubara To Set Up Panel To Probe Nyesom Wike's Eight-Year Administration

BARR CHIJIOKE PRECIOUS SAN WROTE:

THAT YOUR FIRST SALARY IS YOURS

In the controversy regarding who owns YOUR first salary, YOUR pastor, dibịa or YOUR father, I resolve it in YOUR favour. That money belongs to YOU. Use it for what YOU wish. YOU can also give it to anyone YOU wish, YOUR father, mum, aunt, uncle, pastor, dibịa, beggar, a cause, a person in need etc.

Spiritually, (if YOU are spiritual) YOUR first earning belongs to God. God is in YOU. So exercise YOUR sovereign will to do what YOU like with it according to YOUR need at the time. I don't believe in magic. There is no proof that those whose pastors, dibịas or fathers took their first salary turned out better than those who did not hand it over to them. Believe me YOUR father or pastor or dibịa gave no one their first earning. And YOU can always give YOUR pastor, dibịa or father money any other time YOU wish. It doesn't have to be your first earning. Stop being superstitious. Neither YOU, YOUR father, pastor nor YOUR dibịa is a magician.

Let no one beguile YOU. It's all about YOU. Yes, YOU.

Glory be to God in the highest for YOU. Hallelujah.

Bar. Chijioke Precious SAN

By Lawrence I. Okoro

Tinubu was able to steal an election when he wasn't President.

In 2027, he will be running for reelection as the President. This means INEC, POLICE, CBN and other agencies/institutions will be deep in his pocket.

Instead of us to start building alliances with others to unseat him, we are further destroying the house we had in 2023.

Presently the Obidient movement isn't as strong as it was in 2023. Take it or leave it.

Many that voted in 2023 will not vote in 2027, because of the lack of truth for the electioneering system.

An alliance across the political sphere should be the goal at this point, if truly we all want a New Nigeria with Peter Obi as President.

It's becoming obvious that many will not speak up in support of this because they are scared of being cancelled. So you want to remain in the good books of the emotionally blinded individuals. But if you love Nigeria and want Peter Obi to succeed then you have to start speaking the truth of an alliance that's the only way out.

Nobody wins an election by emotional takes.

We have to be strategic is thinking and action.

Tinubu Orders Suspension Of Cybersecurity Levy

President Bola Tinubu has instructed the Central Bank of Nigeria to halt the controversial cybersecurity levy policy and conduct a review.

This follows the House of Representatives' resolution last Thursday to request that the CBN rescind its circular mandating all banks to charge a 0.5% cybersecurity tax on all electronic transactions in the country.

The CBN on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024.

Another presidency official who preferred to remain anonymous as he was not authorised to speak on the issue said these discrepancies prompted the President to order a review.

“If you look at it, the law predates the Tinubu administration. It was enacted in 2015 and signed by Goodluck Jonathan. It is only being implemented now.

“You know he (Tinubu) was not around when that directive was being circulated. And he does not want to present his government as being insensitive. As it is now, the CBN has held off the instruction to banks to start charging people. So, the President is sensitive. His goal is not to just tax Nigerians like that. That is not his intention. So, he has ordered a review of that law.”

Tinubu orders CBN to suspend 0.5% cybersecurity levy

Here Is A List Of Licensed Deposit Money Banks In Nigeria

Here are Banks with international authorisation:

1. Access Bank Limited,
2. Fidelity Bank Plc,
3. First City Monument Bank Limited,
4. First Bank Nigeria Limited,
5. Guaranty Trust Bank Limited,
6. United Bank of Africa Plc, and
7. Zenith Bank Plc.

Here are Commercial banks with national authorisation:

1. Citibank Nigeria Limited,
2. Ecobank Nigeria Limited,
3. Heritage Bank Plc,
4. Globus Bank Limited,
5. Keystone Bank Limited,
6. Polaris Bank Limited,
7. Stanbic IBTC Bank Limited,
8. Standard Chartered Bank Limited,
9. Sterling Bank Limited,
10. Titan Trust Bank Limited,
11. Union Bank of Nigeria Plc,
12. Unity Bank Plc,
13. Wema Bank Plc,
14. Premium Trust Bank Limited and
15. Optimus Bank Limited.

Here are Commercial banks with regional licenses:

1. Providus Bank Limited,
2. Parallex Bank Limited,
3. Suntrust Bank Nigeria Limited, and
4. Signature Bank Limited.

Here are players in the non-interest banking sector with national authorisation:

1. Jaiz Bank Plc,
2. Taj Bank Limited,
3. Lotus Bank Limited, and
4. Alternative Bank Limited.

Here is a list of Marchant Banking Licence with National Authorization

1. Coronation Merchant Bank Limited,
2. FBN Merchant Bank Limited,
3. FSDH Merchant Bank Limited,
4. Greenwich Merchant Bank Limited,
5. Nova Merchant Bank Limited, and
6. Rand Merchant Bank Limited.

Here are the financial holding companies listed

1. Access Holdings Plc,
2. FBN Holdings Plc,
3. FCMB Group Plc,
4. FSDH Holding Company Limited,
5. Guaranty Trust Holding Company Plc,
6. Stanbic IBTC Holdings Plc, and
7. Sterling Financial Holdings Limited.

‘Attempt To Impeach Fubara Will Be Resisted’ – Rivers Govt Warns APC, Says 27 Lawmakers Don’t Exist

The Rivers State Government has slammed the All Progressives Congress, APC, over its call on the State House of Assembly to immediately commence an impeachment process against the governor of the state, Siminalayi Fubara.

The state’s Commissioner for Information and Communications, Joseph Johnson, explained that the 27 lawmakers in the State House of Assembly lacked the moral standing to impeach the governor.

The commissioner warned the APC lawmakers, who are loyal to Federal Capital Terrority, FCT, minister, Nyesom Wike, against embarking on such a venture, stressing that any attempt to impeach the governor will be resisted by the Rivers people.

Report has it that the Caretaker Committee Chairman of the APC in Rivers State, Tony Okocha, had at a press conference in Port Harcourt called on the State Assembly to quickly commence impeachment process against the governor.

Okocha stated that the impeachment was necessary because the governor “has insulted the sensibility” of President Bola Ahmed Tinubu, who waded in to resolve the lingering crisis in the state.

However, the Information and Communications Commissioner, in a quick response, said Okocha lacked the morality to talk about the state government, noting that Okocha was not a legitimate member of the APC.

According to the commissioner, attempts to impeach the governor would not be an easy journey, noting that the people of the state would resist such moves with their blood.

He said, “It is not going to be an easy journey. They should not imagine embarking on it because Rivers people will resist them. Rivers people will resist them because it is even baseless to think of it. They are not fighting with legitimacy; they are only fighting for their own survival. On what plank will you put that? The law says you can’t put legality on illegality.

“As far as we are concerned, they do not even have the locus standi to do that. They should not even bother to start it because Section 109(g) has settled the case. It says if an Assembly member defects from his own party that brought him to power, you automatically lose his seat. They have done that, and it is settled. Our Constitution is the grand norm.

“The court, the Supreme Court, is there to look at these elementary issues. There is also a subsisting judgement on this, so we don’t need a second opinion on whether we should respect them as Assembly members or not. The Supreme Court has already declared those seats vacant.

“Tony Okocha was just yesterday declared as not being a member of APC by a former chairman of the party, Sokonte Davies. He is a factional chairman. We want the faction led by Chief Emeka Beke to say the same thing. Okocha is standing on one leg. His call is an empty call. His advice to impeach the governor is a journey that leads nowhere, and they will not succeed. The lawmakers are not existent, and they are not seen in law.”