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BREAKING: DCP Abba Kyari Granted Bail By Court

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DCP Abba Kyari, who is currently facing charges related to money laundering and cocaine trafficking, has been granted bail of N50m by the Federal High Court in Abuja.

 

The news  was shared by one of his lawyers, Hamza N. Dantani, via a Facebook post on Thursday.

 

He wrote: ”Alhamudullhi! Abba Kyari’s Bail Granted by Federal High Court Abuja today.

 

The court ruling allows Kyari to be released on bail specifically for the money laundering charges in which he and two of his siblings were accused of failing to declare assets to the National Drug Law Enforcement Agency (NDLEA).

 

The NDLEA had filed the 24-count charge, marked FHC/ABJ/CR/408/2022, against Kyari and his two siblings, Mohammed Baba Kyari and Ali Kyari, in respect of which they were arraigned last month.

 

In a recent ruling, Justice James Omotosho granted conditional bail to Abba Kyari on Thursday. The bail was set at N50 million, and Kyari is required to provide two sureties who can meet the same bail amount.

 

In addition, Justice James Omotosho specified that the sureties for Abba Kyari must possess property valued at N250 million within the jurisdiction.

 

The judge further emphasized that the endorsement of Kyari’s release warrant is contingent upon the progress of a related case in which he is being tried alongside four other individuals on charges related to their alleged participation in the illicit drug trade.

 

Also, Justice James Omotosho granted bail to Abba Kyari’s two siblings, Mohammed Baba Kyari and Ali Kyari.

 

However, he remains in custody for the primary charge of cocaine trafficking, for which bail has been denied.

 

It is worth noting that DCP Abba Kyari is being implicated in a case involving a sum of $61,400 in cash and a 25kg package of cocaine which were seized as evidence and are believed to have been intended as a bribe to influence operatives of the National Drug Law Enforcement Agency (NDLEA).

 

According to the NDLEA, Kyari allegedly made an attempt to bribe a senior officer within the agency with the aforementioned amount at a restaurant in Abuja.

 

The bribe was allegedly intended to prevent the testing of a portion of the seized cocaine, which was linked to two individuals arrested for drug trafficking.

 

In addition, DCP Abba Kyari is currently under investigation by the United States Federal Bureau of Investigation (FBI) in connection with a fraud case involving Instagram celebrity Ramon Abbas, popularly known as Hushpuppi.

 

Kyari was arrested on February 14, 2022, after being declared wanted by the National Drug Law Enforcement Agency (NDLEA) due to alleged drug-related connections. He has been in detention since his arrest.

 

DCP Abba Kyari’s bail application on charges related to cocaine trafficking was initially rejected by Justice Nwite of the Federal High Court. Subsequently, the bail application was also rejected at the Court of Appeal.

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Fuel Pricing: PETROAN Accuses Dangote Refinery Of Monopoly

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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over alleged monopolistic practices by Dangote Refinery, following a public dispute about fuel pricing in the downstream petroleum sector.

Recall that the refinery, Africa’s largest, recently disclosed its petrol pricing at N990 per litre in trucks and N960 per litre into ships, a move it justifies as being in line with international rates.

READ MORE: Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes

PETROAN, however, sees this as an attempt to suppress competitors and dominate the Nigerian market.

The rift began when Dangote Refinery claimed that complaints from marketers regarding its pricing were fueled by intentions to import cheaper, potentially substandard products.

In response, PETROAN strongly rejected these allegations, suggesting that Dangote’s claims are tactics designed to maintain a monopoly in the sector.

Joseph Obele, PETROAN’s spokesperson, stated that the association remains committed to importing high-quality products at more competitive rates to ensure affordability for Nigerian consumers.

According to PETROAN, competition in the market is essential for achieving fair pricing, and any attempt to stifle it would be detrimental to consumers.

They argue that Dangote Refinery’s pricing should reflect production costs and fair margins rather than international benchmarks, especially given concessions granted by the government for the refinery’s establishment.

PETROAN also announced its plans to partner with foreign refineries and financial backers to import premium-quality petroleum products at prices below current rates.

The association aims to enter the market by December 2024, pending necessary regulatory approvals.

“The allegations that PETROAN will import substandard products are unfounded and aimed at creating an unfair playing field,” the statement read.

PETROAN warned that similar claims in the past had led to significant price hikes when competitors were pushed out, emphasizing that the entry of new players into the market would lead to more competitive pricing and ultimately benefit Nigerian consumers.

PETROAN expressed appreciation for President Bola Tinubu’s commitment to revitalizing Nigeria’s state-owned refineries and urged the government to consider privatizing the Port Harcourt and Warri refineries once rehabilitation is complete.

The association believes a transparent privatization process will help strengthen Nigeria’s downstream sector and counter monopolistic tendencies.

To address the ongoing pricing challenges in the sector, PETROAN called on the government to convene a comprehensive meeting of industry stakeholders, including major associations like IPMAN, DAPPMAN, MEMAN, NUPENG, and PENGASSAN.

PETROAN believes that collaboration among these groups will be instrumental in establishing a sustainable and competitive pricing framework for petroleum products in Nigeria.

 

 

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Hardship: Let Us Intensify Prayers For Our Leaders – Sultan Of Sokoto Tells Nigerians

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Sultan of Sokoto, Sa’ad Mohammad Abubakar II, has called on Nigerians to avoid publicly criticizing their leaders, instead urging citizens to place their trust in God to address leadership concerns as He deems fit.

Speaking at the Regional Conference on Climate Change-Induced Conflicts in Northern Nigeria, organized by the Kaduna State Bureau of Interfaith in collaboration with International Alert, the Sultan emphasized faith and patience in navigating the country’s challenges.

READ ALSO: Gunmen Attack Police Facility In Owerrinta, Female Detainee Killed

Acknowledging Nigeria’s current economic and social hardships, the Sultan encouraged continuous prayer, not only for the nation but for its leaders as well.

“Even though many feel times are particularly hard, we believe relief will come. Let’s increase our prayers for our leaders, trusting God to address them in His way,” he said, expressing hope that divine intervention could bring stability and prosperity.

The Sultan reminded political leaders of their ultimate accountability to God, cautioning that they will stand alone on the Day of Resurrection, with only their deeds to support them.

“On that day, every leader will stand alone. Governors, advisers—none will have support except their own deeds. Let us act with a deep sense of responsibility and fear of God,” he stated.

Addressing religious leaders, he warned against misleading their followers for personal gain, underscoring the trust many place in their religious guidance.

“Only God can save any human being,” he said, encouraging Nigerians to remain faithful and discerning in their spiritual beliefs. “Focus on worshiping Allah and leave the rest to Him. Don’t follow those who might lead you astray.”

With leaders from various religious communities, including the President of the Christian Association of Nigeria (CAN), in attendance, the Sultan called for unity, resilience, and communal effort to tackle pressing issues such as climate change, poverty, and insecurity in the northern region.

He praised the North’s history of unity and resilience, warning against divisive narratives that threaten communal harmony. “When we are united, we can face any challenge and build a prosperous community,” he asserted.

The Sultan’s remarks come amid ongoing social and environmental issues in the region, including a recent surge in climate-related challenges that have exacerbated poverty and security threats.

In light of these issues, he called on both Muslims and Christians to intensify their prayers, saying, “Our country faces many challenges, and we must turn to God in prayer. Let us intensify prayers in our mosques and churches.”

 

 

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#EndBadGovernance Protests: Tinubu Orders Release Of Detained Minors

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In a decisive move, President Bola Tinubu has ordered the immediate release of all minors detained by police during the recent #EndBadGovernance protests.

The directive, announced by Minister of Information and National Orientation, Mohammed Idris on Monday, underscores the government’s commitment to protecting children’s rights and ensuring justice.

Related News: EndBadGovernance Protests: Court Sets N10m Bail Each For 67 Minors

Idris confirmed that President Tinubu’s directive prioritizes the welfare of detained minors, instructing the Ministry of Humanitarian Affairs to facilitate their safe reunification with their families.

A committee led by the Ministry of Humanitarian Affairs will be established to oversee the welfare of the released minors and ensure compliance with the president’s orders.

Additionally, President Tinubu has directed a formal investigation into the actions of law enforcement agencies involved in the arrests.

The president emphasized that any misconduct uncovered during the investigation will result in disciplinary action, affirming his administration’s dedication to accountability within law enforcement.

 

 

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