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JUST IN: Court Adjourns N6.9bn Lawsuit Against Emefiele

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High Court Silent Over Emefiele's Bail Request

A Federal Capital Territory High Court has postponed until August 23 the alleged N6.9 billion procurement lawsuit against suspended Central Bank Governor Godwin Emefiele.

Due to the absence of the other two defendants in the case on Thursday, Justice Hamza Muazu, the presiding judge, decided to adjourn the case.

Sa’adatu Yaro, a female CBN employee, and her business, April 1616 Investment Limited, were to be charged with 20 counts each of procurement fraud, conspiracy, and giving his friends unfair advantages. Emefiele was also to be arraigned alongside them.

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Kano Gov Threatens To Reclaim Vacant Homes In Kwankwasiyya, Others

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May 29: Kano Gov-elect, Yusuf Extends Invitation To Emir Sanusi II

Kano State Governor, Abba Yusuf, has issued a three-month ultimatum to individuals who purchased houses in Kwankwasiyya, Amana, and Bandirawo cities, warning that failure to either occupy or rent them out will lead to revocation and reallocation.

The directive was announced on Monday during the swearing-in ceremony of the newly appointed Commissioner for Housing Development, Ibrahim Adamu, a former Managing Director of the Kano Urban Property Development Authority.

READ MORE: EFCC Re-Arrests Popular Kano TikToker For Naira Abuse

Governor Yusuf expressed concern over the large number of vacant houses in these estates, which were developed during the administration of former Governor Rabi’u Kwankwaso and later sold to private buyers.

Many of the homes, however, remain unoccupied, raising fears of deterioration and potential security threats.

“We are giving all those who purchased houses in these cities, especially Kwankwasiyya and Amana, an ultimatum—either occupy them or rent them out. If not, the government will revoke the allocation and sell them to those willing to live in them,” the governor declared.

He emphasized that his administration would not allow these estates to become hideouts for criminals, stressing the need to maximize available housing to address the state’s accommodation challenges.

Governor Yusuf also tasked the new Commissioner for Housing Development with tackling Kano’s housing deficit, reaffirming that the ministry was created to address both urban and rural housing needs.

Additionally, he commended the Kano State House of Assembly for their support and cooperation in governance.

 

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BREAKING: APC Urges El-Rufai To Salvage Some Responsibility

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Kaduna allocates N300m For Corps Members’ allowances In 2023 Budget – El-Rufai

 

The ruling All Progressives Congress (APC) has shred Mal Nasir El-Rufai over his assertion that the party had deviated from its original goals, with many members now in pursuit of personal interests.

This was detailed in a statement on Monday, in Abuja under the signature of its National Publicity Secretary, Felix Morka, Esq.

Morka maintained that El-Rufai’s “claim that he exited because the Party had deviated from its founding values or progressive ideology is a smokescreen to weaponise personal grievance garbed as principled dissent. El-Rufai appears traumatised by his failure to land a ministerial position. Nursing a bruised ego, he now lashes out at the platform he rode to political prominence.”

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Issued under the subject, ‘APC to Mallam Nasir El-Rufai: Quit Sulking, Get a Grip, Salvage Some Responsibility, the statement reads, “In his frenzied attempt to justify his rather implausible exit from the All Progressives Party (APC), Mallam Nasir El-Rufai, former Governor of Kaduna State, in an interview with BBC Hausa, opined that APC has deviated from the progressive ideals of its founders and turned into a party where “everyone is now pursuing personal interests.”

In a once viral video, El-Rufai did not hold back when he deprecated politicians, who he argued were consumed by the pursuit of self-interest. In his words, “We have politics of private interest. We have no politics of public interest. Politicians will proudly tell you that politics is about interest. They are ready to collapse the system if they don’t get what they want.”

Today, El-Rufai stands diminished as the epitome of a self-interested politician, blinded by ego, driven by untamed emotion, and brimming with a vengeful desire to “collapse the system.”

In his BBC interview under reference, El-Rufai supplied the real reason for his soreness, stating that he was disappointed by the way he was treated by President Bola Tinubu and his administration, in ostensible reference to his failed ministerial bid. His claim that he exited because the Party had deviated from its founding values or progressive ideology is a smokescreen to weaponise personal grievance garbed as principled dissent. El-Rufai appears traumatised by his failure to land a ministerial position. Nursing a bruised ego, he now lashes out at the platform he rode to political prominence.

APC’s commitment to its founding values and ideals remains as valid and progressive today as they were then. El-Rufai’s allegation of a drift from our Party’s founding values exists only in his foggy imagination. Assuming that matters of political conviction had anything to do with his exit, exactly how is the Social Democratic Party (SDP), El-Rufai’s new political abode, an ideological safe haven?

El-Rufai’s call for opposition members to join him under SDP banner is nothing short of an invitation to drink from a chalice poisoned by selfishness, vengefulness, and delusion of grandeur. Nigerians are far more savvy than El-Rufai thinks, and they know that he is driven by raw self-interest rather than a genuine concern for the country.

Our great Party is unfazed by El-Rufai’s grudge-laden tirade. We continue to welcome millions of new members across the country, who are joining to identify with the Party’s lofty values and support President Tinubu’s bold and transformative policies now birthing sustainable growth and prosperity for our country.

El-Rufai’s claim that Tinubu has failed is as outrageous as it is bogus, and a gross distortion of the reality on the ground. Across all sectors, Nigerians are witnessing tangible progress in the delivery of the President’s campaign promises. Indisputably, Nigeria is better off today than when he took office.

President Tinubu has demonstrated an ironclad commitment to good governance and launched unprecedented policy reforms to address the country’s generational challenges. The removal of fuel subsidy now saves Nigeria an estimated ₦4 trillion annually. The unification of exchange rates has resulted in higher foreign exchange inflow, while the country’s foreign reserves have shown resilient growth despite global economic pressures. President Tinubu’s financial diplomacy has attracted significant foreign direct investment, and reforms in customs and taxation have led to a massive increase in non-oil revenues, while sustained reform in the oil and gas sector has led to a historic boost in the country’s oil export, now upwards of 1.8 million barrels per day.

The President’s strong political will to re-imagine and revitalize Nigeria’s economy is paying off with significant improvement in the country’s GDP growth rate now surging to 3.8% year-on-year in Q4 2024, up from 3.46% in the previous quarter, marking the highest growth rate posted since Q4 2021. This is a direct outcome of the administration’s prudent economic policies and providing a favorable business environment that is widely applauded by the international financial and investment community.

Further, Nigeria’s balance of payment has seen remarkable improvement, with a substantial trade surplus of $14.31 billion in 2024. This is a result of the administration’s vigorous promotion of non-oil exports, reduced reliance on imported goods, and diversification of the country’s economy.

This impressive performance precedes an impending data overhaul, which may reveal an economy that is larger than initially estimated. Prospects for further growth is assuredly bright, with real GDP projected to increase from 3.0% in 2024 to 3.6% in 2025, according to Afreximbank Trade Intelligence Solutions.

In addition, under President Tinubu’s steady leadership, state and local governments now receive vastly higher allocations from the Federation Accounts Allocation Committee (FAAC), enabling them to extend development to their people. This increased funding has become a potential game-changer for grassroots development, making it possible to execute critical projects and provide essential services to all Nigerians.

Nigerians do not doubt President Tinubu’s uncompromising commitment to economic reform, good governance, and improving their welfare. Rather than engaging in scurrilous propaganda and deliberate misinformation, El-Rufai should offer constructive criticism or alternative policies as expected of serious-minded political opposition. His misleading rhetoric and personal attacks on the president are reprehensible and calculated to undermine the country’s progress.

El-Rufai is free to choose his political affiliation, as he has done. He should stop sulking, get a grip, and salvage some respectability.

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JUST IN: Rivers Assembly Accuses Fubara, Deputy Of Gross Misconduct

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The political crisis in Rivers State deepened on Monday as the State House of Assembly accused Governor Siminalayi Fubara and his deputy, Ngozi Odu, of gross misconduct.

The allegations were contained in a notice sent to the Speaker of the Assembly, Martin Amaewhule, and obtained by Channels Television.

READ ALSO: Wike Frustrated As Fubara Impeachment Plot Fails – CUPP

The lawmakers stated that their actions were in line with the provisions of the Nigerian Constitution.

“In compliance with Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other extant laws, we, the undersigned members of the Rivers State House of Assembly, hereby forward to you a Notice of Gross Misconduct by the Deputy Governor of Rivers State in the performance of the functions of her office,” the notice read.

Governor Fubara has been at the center of a prolonged power struggle with the Assembly, which has seen multiple political realignments and legal battles.

 

 

 

Details shortly………….. 

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