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Emefiele to be arraigned on fresh 26-count charge in Lagos on Monday

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The Economic and Financial Crimes Commission (EFCC) has filed new criminal charges against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN).

 

The 26-count charge borders on accepting gratification, accepting gifts through agents, corruption, receipt of property fraudulently obtained, and conferring corrupt advantage on his associates.

 

The charge sheet, marked ID/23787c/2024, and dated April 3, 2024, was filed by Rotimi Oyedepo, a senior advocate of Nigeria.

 

The EFCC alleged that Emefiele was guilty of abuse of office between 2022 and 2023 in Lagos.

 

The former CBN governor will be arraigned on Monday, April 8, before Rahman Oshodi, judge of an Ikeja high court, in Lagos.

 

The commission alleged that Emefiele “directed to be done in abuse of the authority of your office, as the governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians”.

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The EFCC further alleged that Emefiele, between 2020 and 2021, in Lagos, “directed to be done in abuse of the authority of your office, as the governor, Central Bank of Nigeria, an arbitrary, act to wit: allocating foreign exchange in the aggregate sum of $291,945,785.59, without bids, which act is prejudicial to the rights of Nigerians”.

 

Emefiele was also alleged to have, in 2021, in Lagos, “directed to be done in abuse of the authority of your office, as the governor, Central Bank of Nigeria, an arbitrary act, to wit: special allocation of foreign exchange in the aggregate sum of $1,769,254,793.16, which act is prejudicial to the rights of Nigerians”.

 

Emefiele’s co-defendant was alleged to have collected $110,000 for Emefiele as a reward for allocating foreign exchange by the central bank in favour of one Raja Punjab in November 2020.

 

According to the charge, the offences committed contravened Section 73 of the Criminal Law of Lagos State, 2011.

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Emefiele is currently facing a 20-count amended charge bordering on alleged criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony.

 

In July 2023, President Bola Tinubu appointed Jim Obazee, former chief executive officer (CEO) of the Financial Reporting Council of Nigeria (FRCN), as a special investigator to probe the activities of the CBN and related entities.

 

On December 22, 2023, Obazee’s team submitted its report to Tinubu — revealing alleged fraudulent activities and malfeasance in Nigeria’s apex bank.

 

In the report, the special investigator’s panel accused Emefiele of consenting to the “unlawful removal” of $6.23 million from the vault of the apex bank’s Abuja office.

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Tribunal stops MultiChoice from increasing DStv, Gotv subscription rates

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A competition and consumer protection tribunal (CCPT) in Abuja has stopped Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on May 1.

 

A three-member tribunal led by Saratu Shafii gave the interim order following an ex-parte motion moved by Ejiro Awaritoma, counsel to Festus Onifade, the applicant.

 

The tribunal, in the ruling, restrained Multi-Choice from going ahead with the impending price increase pending the hearing and determination of the motion on notice filed before it.

 

“The 1st defendant is hereby restrained from taking any step(s) that may negatively affect the rights of the claimant and other consumers in respect of the suit pending the hearing and determination of the motion on notice,” Shafii ruled.

Shafii also directed all parties in the suit to appear before the tribunal at 10 a.m. on May 7 for the hearing and determination of the motion on notice.

 

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Onifade, a legal practitioner, filed the suit marked CCPT/OP/2/2024, against Multi-Choice Nigeria Ltd and the Federal Competition and Consumer Protection Commission (FCCPC) on Monday.

 

On April 24, Multichoice Nigeria announced an increase in the cost of subscriptions for its DStv and GOtv packages.

The pay-TV firm cited the rise in the cost of business operations as the rationale behind the price increase.

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How to check 2024 JAMB UTME results

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The Joint Admissions and Matriculation Board (JAMB) has released modalities for the checking of the 2024 Unified Tertiary Matriculation Examination (UTME) results via SMS.

For candidates who took part in the 2024 UTME organised by JAMB, the examination body said the results of the exercise can be checked following some simple steps.

 

“Candidates are advised to use the phone numbers they used to register to text UTMERESULT to 55019/66019. There is no need to approach any CBT centre or cybercafé to check results,” JAMB said.

 

“The following are the responses to be expected hence, a candidate with a result will receive the message: ‘Dear ‘Candidate X’, your result is as follows (and the details will be provided).’”

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JAMB releases 2024 UTME results, 8,401 score 300 and above

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The Joint Admissions and Matriculation Board (JAMB) has released the 2024 Unified Tertiary Matriculation Examination (UTME) results.

 

JAMB’s Registrar Ishaq Oloyede announced the release of the UTME results in a press conference held at the board’s headquarters in Bwari on the outskirts of Abuja.

 

According to Oloyede, over 1.94 million candidates registered and sat for the examination in 118 towns and over 700 centres across the country.

 

The examination which began on Friday the 19th of April ended on Monday the 29th of April. Out of the 1,989,668 registered candidates, 80, 810 were absent. A total of 1, 904, 189 sat the UTME within the six days of the examination.

“Out of the 1,842,464 released results, a paltry 0.4% scored above 300 while 24% scored 50% (200/400) and above,” the JAMB chief said.

 

He said 1,1,402,490, which is 76 per cent of the candidates got below 200. JAMB, however, re-echoed its resolve not to publish the name of the highest-scoring candidate.

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“It is common knowledge that the Board has, at various fora, restated its unwillingness to publish the names of its best-performing candidates, as it considers its UTME as only a ranking examination on account of the other parameters that would constitute what would later be considered the minimum admissible score for candidates seeking admission to tertiary institutions,” Oloyede noted.

 

More Female Enrolees
A further breakdown of the number of candidates who sat for the examination showed that the females were more than males.

The JAMB registrar said 982,393 males representing 49.4 per cent enrolled for the 2024 UTME as against 1,007,275 females which is 50.6 per cent.

 

Oloyede said “it is evident that there is a significant improvement in the enrolment of females, with over one million girls registering for the examination.

 

“This is the first time in three years that the number of females will be more than that of their male counterparts.

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“Out of the total registration, 3,164 were persons living with disabilities.”

 

“There is a 36.2% increase in the enrolment of PLWDs as compared to the last year,” the JAMB boss told the gathering.

 

 

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