Category Nigeria News

The Federal Government is being informed by Justice Emeka Nwite of the Federal High Court Abuja that the sum of more than $228.4 million that is related to former governor of Abia State, Theodore Orji, was being allegedly laundered by the Federal High Court.

Justice Nwite directed the Commission to publish the order on its website and Daily Trust Newspaper in addition to the ruling on an ex-parte motion made by the Economic and Financial Crimes Commission (EFCC), Fadila Yusuf’s counsel.

In accordance with Justice Nwite’s directive, parties must file a cause request within 14 days of the order’s publication.

Following that, the judge moved the hearing to February 3rd in order to prepare a compliance report.

READ ALSO: &nbsp, Court Assumes Jurisdiction To Hear Charge Against Emefiele

The anti-graft organization requested an order granting the sum of 228 497 773.12, which was a commercial bank, as requested in the motion ex-parte.

The EFCC Counsel claimed that the agency was looking into the money and discovered it in Effdee Nigeria Ltd. in her five-ground of argument.

Mexico’s president took a swipe at Donald Trump on Wednesday, saying that the United States should be called “Mexican America”, after Trump’s vow to rename the Gulf of Mexico the “Gulf of America”.

At her regular morning press conference, Claudia Sheinbaum displayed a 17th-century world map showing North America as “Mexican America”.

Pointing out that the Gulf of Mexico was the name recognized by the United Nations, she turned the tables on Trump, saying: “Why don’t we call it (the United States) Mexican America”?

“It sounds nice, doesn’t it”?

“He talked about name, we too are talking about the name”, she said, while assuring that she expected to have “good relations” with the incoming US president.

Trump, who will serve a second term starting on January 20, announced on Tuesday that he intended to rename the Gulf of Mexico “the Gulf of America, which has a beautiful ring.”

“It’s appropriate. And Mexico must stop allowing the entry of millions of people, he said.

He also claimed that Mexico was run by drug cartels, to which Sheinbaum responded that “in Mexico, the people rule”.

Trump has repeatedly criticized Mexico in the run-up to his election as president, threatening to impose severe tariffs on imports from one of the biggest trading partners of the United States unless it stops the flow of illegal immigrants and drugs across the border.

The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has debunked rumours of him being arrest, describing it as “recurring fake news.

The former governor of Anambra State was detained in Abuja, according to some social media posts.

Obi claimed that the allegations are entirely false in a post on his X handle on Wednesday, adding that he is currently staying at his home in Onitsha, Anambra State.

READ ALSO: &nbsp, My New Year Message Has Attracted Threats To My Life, Obi Alleges

He recalled how “lies” about the Department for Security Services (DSS) invading his home while he was in Rwanda were being distributed in similar ways last September.

The leader of the Labour Party warned Nigerians against letting the rumors detract from the pressing issues facing the country. He argued that the rumor propagators’ intentions cannot be positive.

The post reads”, The repeated false news I receive. A fake news about my alleged arrest has been circulating in my name. Let me reaffirm unwaveringly that these assertions are entirely false. I am currently at my home in Onitsha, Anambra State.

Some people find watching fake news on my person to be fun. Recall last year September, when I was in Rwanda, similar lies had gone out that DSS invaded my house, now, while I was in my home in Onitsha, Anambra State, they said I was arrested in Abuja.

Let us not let baseless rumors detract from the crucial challenges we must face as a nation, but the motive of these peddlers cannot be positive. I Thank the public for the concern, support, and dedication to the cause of a better Nigeria that is possible!!! “

The repeated false news I receive.

A fake news about my alleged arrest has been circulating in my name. Let me reaffirm unwaveringly that these assertions are entirely false.

I am currently at my home in Onitsha. Anambra State.

Such fake news on my person has become a pastime…

Following his criticism of Bola Tinubu’s administration in his inaugural message, Obi allegedly threatened to end his life on Tuesday.

In a recent interview, Felix Morka, the All Progressives Congress’ (APC) national spokesperson, was given the opportunity to make the claim.

The 2024 budget’s significant imbalance between recurrent and capital expenditures, which the National Assembly raised, highlights the insufficient release of funds for capital projects in Ministries, Departments, and Agencies (MDAs).

The Senate and House Committees on Appropriations’ chairpersons, along with the Presidential Economic Team, were the subjects of a joint session that made this known.

The lawmakers’ revelations revealed that the overall performance of the 2024 budget was only 43%, with only 25% of capital expenditure coming from recurrent expenditures.

READ ALSO: &nbsp, Court Assumes Jurisdiction To Hear Charge Against Emefiele

Senator Solomon Adeola and Honorable Abubakar Birchi, chairpersons of the Senate and House Committees, both called for urgent measures to increase funding for capital projects, stressing that these projects directly affect the majority of the population, in contrast to recurrent expenditures that only provide a small portion of the population.

Senator Adeola further&nbsp, advocates a&nbsp, reduction of&nbsp, the current 80% allocation for recurrent expenditure to a more balanced 60% for recurrent and 40% for capital, arguing&nbsp, that capital projects are vital for economic growth and public welfare, underscoring&nbsp, the need for immediate fund releases to prevent project abandonment and support the president’s Renewed Hope Agenda.

Honourable Birchi, who also echoed this position, urged the government to prioritize funding for essential infrastructure projects such as schools, roads, dams, and hospitals, which serve the broader population, rather than focusing on debt repayments.

Wale Edun, the minister of finance, acknowledged the imminent capital releases but warned against unsustainable spending practices that have led to economic problems in other nations in response. He assured us that once funds are secured, warrants will be issued.

Chijioke Okwuokenye, the Managing Director (MD) of Abuja Electricity Distribution Company (AEDC), has clarified the power interruption in the nation’s capital. &nbsp,

He claimed on Channels Television’s Sunrise Daily program on Wednesday that the majority of Abuja’s major cities are affected because they typically receive 20 to 24 hours of supply each day.

“Averagely, we’ve been able to achieve about 16 hours in most of these areas that we are talking about”, he added, saying that there won’t be blackout entirely in the nation’s capital but “availability is going to be reduced. To reach the already-acquired areas, we must reduce the available capacity.

The transmission station was closed, according to Okwuokenye, as a result of a nearby road project that is pending.

According to police, two teenage sisters were detained in Pakistan on Wednesday after allegedly raping their father by setting him on fire as retaliation.

On January 1, the father was attacked in Gujranwala, Punjab, and taken to a hospital where he passed away on Tuesday.

“The girls said that they decided amongst themselves to find a ‘ permanent solution'”, Rizwan Tariq, a senior police official in the city, told AFP.

Then, according to him, they blew their father’s motorcycle while he was sleeping and lit it on fire.

READ ALSO: DHQ confirms that six soldiers were killed by ISWAP terrorists during a raid in Borno.

The pair, who are step-sisters, said their father had been raping the eldest girl for a year, and had twice attempted to rape the younger girl.

Their mothers, who are both married to the man, were aware of the abuse but were unaware of the plan for retribution.

In order to protect the identities of the girls, one of whom is a former marion, the AFP has not given a name to the man.

While the second wife is being interrogated, one of the wives has also been detained.

“We expect to present them before the court in a few days, as soon as we finish the investigation”, Tariq added.