Disgraced and jailed ex-MD of the defunct Bank PHB, Francis Atuche, begs the Ikeja High Court for leniency, saying he will not steal customers’ money again. defunct Bank PHB, Francis Atuche, begs the Ikeja High Court for leniency, saying he will not steal customers’ money again. “I pray that God will place in your heart to be kind. I plead from the bottom of my heart. I’m extremely sorry. Today will be a turning point in my life. I’m very sorry,” he begged. There was a tense atmosphere in an Ikeja High Court on Wednesday night as Francis Atuche, a…
Author: admin_secure
I warmly congratulate my political leader, mentor and father figure, Arakunrin Oluwarotimi Odunayo Akeredolu, SAN, on his upheld victory as the duly elected Governor of Ondo State alongside his deputy, Hon. Lucky Aiyedatiwa by the Court of Appeal in Akure today, June 16, 2021. This victory is yet another loud confirmation of the electoral trust overwhelmingly reposed in you by the good people of Ondo State on October 10, 2020. My appeal to the people of Ondo State on the other side of the political divide is to halt their legal experimentations and join hands with Arakunrin Akeredolu to deliver…
The University of Nigeria Nsuka, UNN has been under fire on social media after it was revealed that the school awards a sum of N1000 and N1500 to its best graduating students in several categories. The 49th convocation of the University of Nigeria, Enugu State, held last Thursday. According to SaharaReporters, parents and visitors were baffled and annoyed that the first-generation university could award such “ridiculous prizes” to its best brains at a public ceremony. The awards and prize night programme booklet of the best graduating students received by SaharaReporters confirmed that the university awarded the said prizes to its…
It has been six months since the AAUA lecturers were paid by the Ondo State Government. Some students of the Adekunle Ajasin University, Akungba-Akoko, Ondo State, have cried out over the unending expensive handouts they are forced to buy from lecturers every semester. SaharaReporters learnt that buying of handouts attracts good marks in some of the courses so students, therefore, pay through their nose to obtain them. SaharaReporters gathered that it has been six months since the AAUA lecturers were paid by the Ondo State Government – a situation which has forced many of them to turn students into cash…
Instagram has deleted Adamu Garba’s official page on Tuesday. This occurred shortly after Google deleted his Crowwe app from the Google Play Store. Peoples Gazette’s checks showed that Instagram yanked off Mr Garba’s IG account from the popular image and video sharing app, with his page displaying ‘the user not found.’ When contacted for comments on the development this morning, Mr Garba told The Gazette that Instagram took down his account because some users reported him. “It was reported by some users and was disabled by Instagram,” he said. The reason for reporting Mr Garba’s account was unclear as of…
“As of April 2021, the inflation rate was the highest in four years. Food prices accounted for over 60 per cent of the total increase in inflation.” Muhammadu Buhari claimed that his regime has lifted over 10 million Nigerians out of poverty in the last two years, World Bank Nigeria Development Update says seven million Nigerians plunged below poverty line in 2020. Mr Buhari, in his Democracy Day speech, said, “in the last two years, we lifted 10.5 million people out of poverty – farmers, small-scale traders, artisans, market women and the like.” But the World Bank…
Transportation Minister Rotimi Amaechi says rail lines are not viable means to pay back loans taken from China and other foreign countries for its construct. Mr Amaechi in an interview on Arise TV on Monday explained that it is impossible to service the loans with proceeds of the rail business as a result of its low economic viability. Despite admitting that accruals from rail transport on the Abuja Kaduna route moved from N70 million to N350 million as of May, the minister said that he was not aware of anywhere in the world where loans was a major source of…
According to statistics obtained from the Debt Management Office, Nigeria’s total debt from China as of June 30, 2015, stood at $1.38 billion (N567 billion). The President Muhammadu Buhari-led administration has borrowed N830 billion ($2.02 billion) as loans from China since its inception in 2015. According to statistics obtained from the Debt Management Office, Nigeria’s total debt from China as of June 30, 2015, stood at $1.38 billion (N567 billion). However, as of March 31, 2021, the country’s debt portfolio from China had risen to $3.40 billion (N1.3 trillion). According to the DMO, loans from China are concessional loans with…
Every May 29, Nigeria remembers the beginning of the end of decades of military rule and the start of democracy. Nigeria, Africa’s largest economy is now in its 22nd year of uninterrupted democracy, the longest since the country was created in 1960. To many, democracy was long sought as the best model of governance that can lead Nigeria into political stability, respect for the rule of law and economic prosperity. While there has been political stability and just above average respect for the rule of law, economic prosperity appears to have eluded the country in the last 22 years. Several…
With the challenges affecting the country at this time, there is a need for proactive leaders who are prepared to bring Nigerians together. This view was expressed by Vice President Yemi Osinbajo, SAN, in Lagos at the weekend during a courtesy visit to the palace of Oniru of Iruland, His Royal Majesty, Oba Abdulwasiu Omogbolahan Lawal, on the occasion of the monarch’s first coronation anniversary. Prof. Osinbajo said while commending the Oba for being a leader to people of diverse socio-ethnic backgrounds, “our country needs all the leaders, the best leaders, the most proactive leaders, leaders prepared to…