NEWS
Dangote Group Explains EFCC’s Visit, Reaffirms Cooperation For Investigation
Aliko Dangote, Chairman of the Dangote Group, has addressed the recent visit by the Economic and Financial Crimes Commission (EFCC) officials to the company’s office.
He emphasized the company’s dedication to cooperating with the agency in its investigations.
Recall that the Dangote Group’s Lagos headquarters was visited by EFCC officials regarding the specifics of foreign exchange allotted by the Central Bank of Nigeria (CBN) from 2014 up to the current period.
Days after the visit, Dangote in a statement explained that: “On 6 December 2023, we received a letter requesting details of all the foreign exchange allocated to our company by the Central Bank of Nigeria from 2014 to the present. We understand similar letters were sent to 51 other Groups of companies requesting for same information spanning the same period.
“We responded to the EFCC to acknowledge receipt of the letter whilst seeking clarification on the subsidiaries or companies within the Group that they required information on. We also requested additional time to compile and properly present the extensive documentation spanning ten years.”
He stated that “the EFCC did not provide the clarification sought and also did not honour our request for an extension and insisted on receiving the complete set of documents within the limited timeframe.
“Despite this constraint, we assured the EFCC of our commitment to providing the information and pledged to share documents in batches as we complete the compilation.
“On 4 January 2024, our team delivered the first batch of documents to the EFCC. However, officers of the EFCC did not accept the documents, insisting on visiting our offices to collect the same set of documents directly.
“Whilst our representatives were still at the EFCC’s office to deliver the documents, a team of their officers proceeded to visit our offices to demand the same documents in a manner that appeared designed to cause us unwarranted embarrassment.
“Worthy of note is the fact that the officials did not take any documents or files from our Head office during their visit as these were already in their office.
“We must emphasize that, to our knowledge, no accusations of wrongdoing have been made against any company within our Group. At present, we are only responding to a request for information to assist the EFCC with their ongoing investigation.”
He assured that: “As a law-abiding and ethical corporate citizen, we remain committed to providing the EFCC with all necessary information and cooperation.
“We have already delivered the first batch of documents and are actively working to compile and submit the remaining documents, in good time, to aid their investigation.
“Our Group is a key contributor to the national GDP, the largest employer in the private sector, one of the largest groups listed on the Nigerian Exchange, and one of the highest taxpayers in the country.
“We remain steadfast in our belief in Nigeria’s commitment to the rule of law and its dedication to fostering an environment conducive for investment and value creation for both local and foreign investors.
“We therefore call for the understanding and patience of our stakeholders. We will keep our stakeholders informed of any further developments.” he added
NEWS
Joint Security Team Rescues Four Kidnapped Victims In Sokoto
A coordinated operation led by operatives from the Department of State Security (DSS) has resulted in the rescue of four kidnapped individuals in Sokoto State.
The victims were freed during a raid on the bandits’ hideout in Malafana Bush.
According to Garba Mohammed, Director of Press Affairs at the Deputy Governor’s Office, the kidnappers initially demanded a ransom of N50 million, which was later reduced to N10 million.
One of the victims, Malam Umar Dankoli, revealed that the family managed to raise N1 million through contributions. The sum was taken to the kidnappers’ camp by Dankoli’s eldest son nine days ago.
READ MORE: EFCC Summons Okoya Brothers Over Viral Video Allegation
However, upon delivering the money, the bandits also detained Dankoli’s son, insisting on a N10 million ransom for their release. The victims remained in captivity until the joint security team successfully raided the camp, freeing them.
Colonel Abdulhamid Usman (rtd), the Special Adviser to the Governor on Security Matters, commended the success of the operation and attributed it to the strong support provided by Governor Ahmed Aliyu Sokoto to security agencies. He noted that significant progress has been made in tackling banditry in the state over the past 11 days.
Colonel Abdulhamid urged residents to continue assisting security agencies by providing valuable information to help combat criminal activities.
NEWS
BREAKING: Ohanaeze Ndigbo Elects Former Senator, Mbata As New Leader
Senator John Azuta Mbata, a former lawmaker who represented Rivers East Senatorial District in the National Assembly, has emerged as the new President General of Ohanaeze Ndigbo Worldwide.
His election took place during a stakeholders’ meeting of the prominent Igbo socio-cultural organization held on Friday at the Old Government Lodge in Enugu, the capital of Enugu State.
Details shortly……….
NEWS
Presidency Fires Back At Gov Bala Mohammed Over Criticism Of Tinubu’s Leadership
The Presidency has responded sharply to recent remarks by Bauchi State Governor Bala Mohammed, who criticized President Bola Tinubu’s administration, accusing him of not listening to the people.
Mohammed made the statements during a conversation with Sheikh Sani Jingir, the National Chairman of the Ulama Jama’atu Izalatul Bid’ah Wa’Ikamatis Sunnah, while discussing the state of the nation.
READ MORE: Rewane Backs Telecom Tariff Hike, Says It Will Reduce Inflation
“We are not on good terms with him (Tinubu) because our brothers and sisters are suffering. Even we, the governors, are suffering. Aside from his policies, he does not listen to us,” Mohammed said, highlighting that the northern region has been particularly affected by the president’s policies.
He also expressed concern that the proposed tax reforms would further exacerbate poverty in the region.
In response, the presidency issued a statement on Friday through President Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare.
The statement sharply criticized the governor’s remarks, labeling them as “irresponsible politics.”
“Governor Bala should face governance and stop using President Tinubu to burnish his vanishing image. Governor Bala is playing irresponsible politics.
“Rather, he should occupy himself with dealing with the many problems of his state. Ambition is made of sterner stuff,” the statement read.
The Presidency reiterated that President Tinubu is focused on reviving the economy and fulfilling the promises made during the 2023 election.
“President Tinubu is focused on revamping the economy, and he is working to turn the economic fortunes of the country around. He has a four-year mandate to deliver on his promises,” Dare stated, emphasizing that Nigerians will soon see the benefits of the administration’s reforms.
Further defending the president’s leadership, the statement stressed that President Tinubu is committed to collaborating with state leaders and other stakeholders to improve the country’s overall well-being.
“The focus of this government is on how to build stronger collaborations with sub-nationals and other critical stakeholders on matters that affect the lives of Nigerians,” it read.
The Presidency also countered Governor Mohammed’s claim that Tinubu is not a “listening leader,” asserting that the president values the institutions of state and is open to engagement.
“President Tinubu is a listening leader and also a leader who firmly believes in the institutions of state,” the statement stated.
Addressing the concerns over the proposed tax reform bills, the Presidency advised those with strong objections to utilize the legislative process, urging dialogue through the National Assembly.
In a pointed critique of Governor Mohammed’s leadership in Bauchi State, the statement questioned the governor’s effectiveness in addressing the pressing issues facing his people: “How well are the people of his state, who still rank as most impoverished among Nigerians, faring under his leadership? How well has he, as Governor, used the increased resources at his disposal to improve the quality of life of his people?”
The Presidency concluded by reminding the governor of his duty to the people of Bauchi, asserting that “constant blustering and playing irresponsible politics will not relieve him of his duty to the people of Bauchi State his leadership has impoverished.”