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Good Morning! Here Are Some Major News Headlines In The Newspapers Today: Nigeria’s inflation climbs to 28.20% in November — NBS

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1. Nigeria’s headline inflation has risen to a 20-year high of 28.2 percent in November, the National Bureau of Statistics (NBS) has disclosed. The NBS in a report released on Friday said the headline inflation rate increased to 28.20 percent relative to the October 2023 headline inflation rate which was 27.33 percent.

 

2. The Supreme Court has denied the request for the release of the embattled leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, from detention. The panel of justices of the court on Friday nullified the earlier order of the Court of Appeal in Abuja which ordered Kanu’s release on bail.

 

3. Three more Commissioners, on Friday resigned from the Rivers State Executive Council following the crisis rocking the state. They are the commissioners for Transport, Dr Jacobson Nbina; Housing, Dr Gift Worlu; and Environment, Austen Ben-Chioma.

 

4. The President of the Senate, Godswill Akpabio has clarified that he was exhausted and diagnosed with malaria following reports that he collapsed at his 61st birthday colloquium held Thursday in Abuja. Akpabio was reported to have slumped after the event while seeing President Bola Tinubu off at the Transcorp Hilton Hotel in Abuja and was rushed to the hospital.

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5. The 19 Northern governors on Friday agreed to pursue justice for the victims and survivors of the Kaduna drone bombing from the concerned authorities. The governors also called for an investigation into the incident and hoped that such an unfortunate event would not reoccur in the country.

 

6. The leadership of the Kaduna State branch of the National Union of Road Transport Workers says travellers in the state have reduced by over 50 percent as the Yuletide approaches. The state NUTRW Secretary, Malam Bature Suleiman, who disclosed this said the development was due to the high cost of transportation occasioned by the fuel pump price increase.

 

7. Men of the Anti-Crude Oil Theft patrol team of the Forward Operating Base of the Nigerian Navy, Igbokoda, Ondo State, have arrested 28 suspected oil thieves for allegedly stealing 527,810 litres of crude oil offshore. The military said the suspects were arrested in the last five days at different locations in the Awoye riverine community of Ilaje Local Government Area of the state.

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8. President Bola Tinubu has charged foreign ambassadors in Nigeria to prioritize the exploration of new frontiers of trade relations that will be mutually beneficial as they carry out their duties in the country. According to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President also assured foreign investors of diligent and predictable fund repatriation and the streamlining of the tax system.

 

9. The Nigeria Labour Congress (NLC) has declared the World Bank as the number one enemy of Nigeria following its request that the federal government increase the price of fuel to N750 per litre. This was contained in a statement issued by the NLC president, Ajaero on Thursday, December 15.

 

10. The Court of Justice of the Economic Community of West African States (ECOWAS) on Friday, ordered the immediate release of Mohamed Bazoum, Niger’s president who has been held captive since the coup that overthrew him on July 26, and that of his family. The Court also asked that Mohamed Bazoum be reinstated in his position.

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Shake-up in EFCC as Olukoyede appoints chief of staff, 14 directors

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Ola Olukoyede, chair of the Economic and Financial Crimes Commission (EFCC), has appointed Michael Nzekwe as his chief of staff.

 

As part of a restructuring drive, Olukoyede upgraded all the zonal commands of the EFCC to departments and appointed 14 new directors.

 

A statement by Dele Oyewale, EFCC spokesperson, said the security unit of the agency has been upgraded to a department with a chief security officer at the helm.

 

“To this effect, 14 new directors have been appointed to head each of the zonal commands,” Oyewale said.

 

Additionally, to bolster and fortify the security architecture of the commission, the security unit of the EFCC has been upgraded to a department with a seasoned officer appointed as director, security and chief security officer.

 

“A new department has also been created in the executive chairman’s office and it is headed by former Makurdi zonal commander of the EFCC, Mr. Friday Ebelo who also doubles as director and coordinator, special duties at the corporate headquarters of the commission.”

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Nzekwe was the commander of the Ilorin zonal command and a course one officer.

 

Nzekwe, a lawyer and an investigator, has served in various departments in the anti-graft agency — including legal and prosecution, operations (now department of investigations), internal affairs (now department of ethics and integrity), Servicom, and asset forfeiture.

The new chief of staff has attended trainings and courses at home and abroad, including the Advance Defence Intelligence Officers Course organised by Defence Intel Agency (DIA).

 

 

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Sierra Leone energy minister resigns over electricity crisis

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 Sierra Leone’s minister of energy, Kanja Sesay, has resigned after weeks of electricity crisis in the West African nation.

 

According to BBC, in his resignation letter on Friday, Sesay said he took full responsibility for the crisis.

 

In a statement, the government said the energy ministry has been placed under the direct supervision of President Julius Maada Bio, who will be assisted by two other officials.

 

Sesay’s resignation came hours after the government paid $18.5 million to two power providers, Turkish Karpowership and Transco-CLSG group.

 

Sierra Leone owed the two producers $40 million.

 

After two months of outages, power was restored in Freetown after the payments were announced.

 

Since mid-April, Freetown and the cities of Bo, Kenema and Koidu have experienced multi-day stretches without electricity.

 

Karpowership confirmed the payment in a statement.

 

“We are pleased to confirm that the electricity supply has returned to full capacity in Freetown,” the statement reads.

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The company has been supplying electricity to Sierra Leone since 2018 from a floating offshore unit, but it had reduced its capacity from 65 megawatts to just five in recent months due to payment issues.

 

It had previously cut supplies to Sierra Leone in September over unpaid bills.

 

In October, it briefly cut power to Guinea-Bissau, saying it had been left with no option “following a protracted period of non-payment”.

 

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American School refunds $760,000 of Yahaya Bello’s children fees to EFCC

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The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

 

Dele Oyewale, spokesperson for the EFCC, confirmed the development to The Post on Saturday.

 

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

 

Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

 

Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.

 

The children are in Grade Levels 2 to 8 at the school.

 

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja in an attempt to arrest him over an alleged N80.2 billion fraud.

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While the operatives were at the house, Usman Ododo, governor of Kogi, arrived at the property and reportedly whisked Bello away.

 

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

 

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

 

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

 

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.

 

We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

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“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

 

The school said it would draw the attention of the anti-graft agency if there were any further deposits by the Bello family.

In a statement signed by Greg Hughes, AISA also said, “Ali Bello contacted the school on Friday 13 August 2021 requesting to pay the family school fees in advance until the students graduate from High School.”

 

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed that the former governor transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.
Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

 

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

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“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

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