Author: Iamdjgambit

The Economic and Financial Crimes Commission, EFCC, has declared former governor of Kogi State, Yahaya Bello wanted. This followed the inability of the former governor to appear before Justice Emeka Nwite of the Federal High Court Abuja on Thursday for his arraignment over alleged N84bn money laundering. In a post on its official Facebook page on Thursday, the anti-graft agency urged Nigerians with useful information about Bello’s whereabouts to report to nearest police station. The post reads, “EFCC Declares Former Kogi Governor Yahaya Bello Wanted. Former Kogi State Governor, Yahaya…

 The Central Bank of Nigeria (CBN) has denied selling foreign exchange (FX) to bureau de change (BDC) operators at the rate of N1,001/$1. CBN, in a post on X on Thursday, said a circular claiming the apex bank announced the sale of $10,000 to BDCs at the rate of N1,001/$1 was “fake”. According to the circular, the BDCs are required to sell to eligible end users with a margin of no more than 1.5 percent above the buying cost. “We write to inform you of the sale of $10,000 by the Central…

Lateef Fagbemi, attorney-general of the federation (AGF), has warned against obstructing the Economic and Financial Crimes Commission (EFCC).   This comes a day after Usman Ododo, governor of Kogi, “rescued” Yahaya Bello, his predecessor, from the EFCC siege in Abuja.   The EFCC operatives had restricted movement in and around Bello’s house situated on Benghazi street, Wuse Zone 4, Abuja.   Hours later, Ododo arrived at Bello’s residence and was reportedly seen leaving with his predecessor.   In a statement on Thursday, Fagbemi said the “bizarre drama” confronting the EFCC…

  Osun State Governor, Ademola Adeleke, has directed the holding of a logo crafting competition between April 19th and 26th. The Osun State House of Assembly had in July 2023 repealed the state Anthem, Crest, and Flag Law 2012 and replaced it with a new law which enabled the executive to come up with a new logo for the state. Adeleke had on Wednesday, signed a bill adopting a new logo for the state but the design released through the social media was greeted with criticism. But Adeleke while commenting…

Aisha Yesufu, an activist, has expressed shock over the role played by Kogi Stars Governor Ahmed Usman Ododo in stopping the Economic and Financial Crimes Commission, EFCC, from arresting his predecessor, Yahaya Bello. Ododo, as newsmen reported on Wednesday, obstructed the arrest of Bello by operatives of the EFCC. The EFCC operatives had stormed Bello’s residence in Abuja in an attempt to arrest him over an ongoing fraud investigation. But Bello was reportedly smuggled out of his residence by Ododo to evade arrest by the anti-graft agency. “I cannot imagine…

President Bola Tinubu says criminals who seek to threaten Nigeria’s sovereignty “will have themselves to blame”.   In a statement on Wednesday, Ajuri Ngelale, the presidential spokesperson, said Tinubu spoke when he hosted leaders of the Afenifere, the Yoruba socio-cultural organisation, in Abuja.   Tinubu warned that those who threaten the sovereignty of Nigeria would pay a “heavy price”.   He highlighted the progress made so far in safeguarding the country’s territory and sovereignty.   ‘’I am irrevocably committed to the unity of Nigeria and constitutional democracy. Constitutional democracy is…