Buhari Nominates Aishah Ahmad as New CBN Deputy Governor

Buhari Nominates Aishah Ahmad as New CBN Deputy Governor

President Muhammadu Buhari has forwarded the name of Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN.

Mrs Ahmad is expected to replace former CBN Deputy Governor, who retired early in the year.

According to statement by Buhari’s Special Adviser on Media and Publicity, Femi Adesina, the president presented Mrs Ahmad’s name to the Senate in accordance with the provisions of “Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007.”

The statement quoted the President as urging the Senate President, Dr Bukola Saraki, “To consider the expeditious confirmation of Mrs Ahmad, who would then resume work immediately.”

Also, Buhari has written to the Senate, seeking the confirmation of the appointment of members of the Monetary Policy Committee of the CBN.

The statement said they are to replace “four members, whose tenure expires at the end of this year.”

Those nominated include: Professor Adeola Festus Adenikinju; Dr Aliyu Rafindadi Sanusi; Dr Robert Chikwendu Asogwa and Dr Asheikh A. Maidugu.

“After Senate clearance, the new members of the Monetary Policy Committee are to resume duties next January,” the statement added.

Source: Daily Post

Arms Seizure: Two More Persons Arrested

Arms Seizure: Two More Persons Arrested

Two more persons have been arrested by officials of the Nigeria Customs Service, NCS, in connection with the illegal shipment of the 20-foot container of 1,100 pump action rifles imported from Turkey. Although the Customs authorities denied the arrest, a source at Tin-can Island Container Terminal told journalists that the two persons were arrested as a result of their involvement in the shipment.

The Public Relations Officer of NCS, Joseph Attah, and an official of the Tin-can Island Container Terminal, TICT where the container was seized denied any arrest. Attah said that the container was still at Tin-can Command and that investigation was on-going. Asked about the arrest of the two other people, he said that he stood by what Comptroller General of Customs, CGC, Hameed Ali, said on Monday until he got new information. He said: “I stand by what the CG told you yesterday. Until I am updated, I do not speculate and please we are talking about arms here; we are not talking about rice or bread here, this is not the time to go into speculation.”

Efforts to speak with the Terminal Manager of TICT, Greg Sikpi, proved abortive as he could not be reached on his phone line. However, Deputy President of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, Uchu Block, told said that the seizure was suspicious. He explained: “My brother all these seizures they are recording, normally before you position a container, there must be an agent doing that work. The agent must have paid the TICT charges and then book for examination. “So for them to put down the container saying they do not know those behind it, all these are government plan to protect themselves one way or the other, they know who the importers of these arms are, there is no way the container would be dropped for examination without the agent.

“I mean TICT; somebody would have booked for that container, make payment before they the terminal operator can position. They do not just go to take any position they see there and position without request. So who requested for the container to be put down?  Which company is doing it?

“From the company you will be able to trace whoever gave them the job to do. So all these their seizures without arrest I do not know, sometimes I see it as government import.

“Most of these agencies that are asked to leave the port will go and organise and bring in something and when they discover it they will use it to justify why they should be in the port,” he concluded.

Recall that Customs Monday seized a 20 foot container of 1,100 pump action riffles imported from Turkey.’’

Source: Vanguard

Delta Bullion Van Robbery: Inspector, 3 Others Arrested For Illegal Escort Duty

Delta Bullion Van Robbery: Inspector, 3 Others Arrested For Illegal Escort Duty

Detectives of Delta State Police Command investigating the September 5 ambush of bank officials and policemen on the Benin-Asaba Expressway by bandits, who carted away N25 million from a bullion van, have apprehended and detained an Inspector and three other policemen, said to be on illegal escort duty. Police Public Relations Officer of Delta Command, DSP Andrew Aniamaka, who confirmed the arrest and detention of the policemen in Asaba, said Police have released two officials of the bank earlier arrested, while investigations were ongoing. He revealed that the fifth policeman on the illegal escort was shot dead by the bandits, noting that some officials of the bank had earlier approached the Operations Department of the Command for escort men, but that the request was turned down on the grounds that the bank did not have a serviceable van required for such operations.

According to him, “in a bid to cut corners, the bank officials illegally picked the police officers from different locations and engaged them on an illegal escort for the conveyance of N25 million from its branch in Agbor to Asaba, without using a serviceable and secure armoured bullion van as required by law.”

A police source said: “The state Commissioner of Police, Mr Zanna Ibrahim, is unhappy not just at the consistent flouting of the rule by the banks, but even by police officers, who illegally accepted to go on the escort.

“He has decided to use the latest incident to teach those flouting the rules that it is meant to be obeyed. That is why he has ordered a full-scale investigation into the incident and is determined to punish all those cutting corners, especially within the Command.”

Meanwhile, since 2015, the Commissioner of Police, Asaba, had raised an internal memorandum to Commanders of Mopols 31, Asaba, Oghara and Operations Officer, Asaba, warning about the habit of bank managers in Asaba, especially the operations managers, involvement in the current incident, “picking your men deployed for guard duties within Asaba for specie escort. “This practice is unethical and negates the principle of specie movement. A situation where five policemen are picked to escort money within and outside Asaba instead of the minimum of 15 men as directed by the Inspector General of Police is suicidal. “In the event of attack by hoodlums, the five men cannot in anyway repel the attack, thereby embarrassing the Command. “You are, therefore, directed to warn your men responsible for this anomalous act to desist, as the monitoring team has been directed to arrest them whenever seen performing this illegal duty and other supervising officers will be queried.”

Source: Vanguard

Floods Displace 10,000 People In Kogi

Floods Displace 10,000 People In Kogi

The governor of Kogi State, Alhaji Yahaya Bello, yesterday disclosed that over 10,000 people have been displaced in the state as a result of the flooding in several communities.
He made this known when he visited some affected areas in the state and also paid a visit to internally displaced persons’ camps across the state. Bello, who stated that anytime there is heavy downpour, the Rivers Niger and Benue always overflow their boundaries, noted that the impact on the state where Nigeria’s two major rivers meet is significant on the people.

He added that many communities, notably, Ibaji, Ajaokuta, IgalaMela/Odolu, Bassa, Koton-Karfi and Lokoja were badly affected.

The governor called on the federal authorities to come to the aid of Kogi State, saying: “The state is in dire need of humanitarian interventions.”
He stressed that thousands of houses had been submerged by floods in some flood plains in Lokoja and Ibaji, describing the situation as “desperately pathetic.
“The Kogi State Ministry of Environment and Natural Resources has been stretched to the limit. The state government is providing immediate interventions within its financial capacity, but what government has been able to do is grossly inadequate.

“Apart from Nataco, Sarkin Numa, Ganaja and other areas in Lokoja where floods have taken over communities, the fury of the flood in Ibaji has completely sacked people from their homes and farmlands.
“Some people are climbing trees to survive. There is urgent need to relocate the affected people and settle them in camps.
“We call on the National Emergency Management Agency to quickly come to our aid. The State already has a situation room under the leadership of the Commissioner for Environment and Natural Resources to collate the realities on ground.

“What we have at the moment is of frightening enormity that requires urgent attention. Government has all the information that will be required by NEMA, the situation is getting worse by the day.
“As the center of the nation, a locked-in Kogi will affect the entire nation. Roads have been taken over, people now sleep on the streets and nursing mothers are gory sights to behold.

“We call on federal agencies and the international community to quickly come to our aid,” the governor said.
He urged people still living in flooded homes to vacate them, saying it was unsafe to reside in flooded apartments.

Source: This Day

How 4 Cops Followed Suspect To Withdraw N140,000 From ATM

How 4 Cops Followed Suspect To Withdraw N140,000 From ATM

Four policemen attached to Area K Command, Morogbo, Badagry are currently being detained at the X-Squad unit, Lagos Command for allegedly collecting the sum of N140,000 as bribe from a suspect.

The four policemen had followed one Apagbo John, to an ATM in Agbara, where they allegedly withdrew the said sum from the suspect account, Daily Trust reports.

It was gathered that the said sum which they forcefully collected at gunpoint from the suspect was meant to facilitate his release from the police custody.

The policemen were arrested at the instance of the Area Commander, Assistant Commissioner of Police (ACP) Okafor.

It was gathered that the policemen had allegedly arrested the victim, Apagbo John, while he was driving along the Mile 2-Badagary expressway and took him to Area K, under the allegation that he was an armed robber.

A police source alleged that the four policemen had threatened to parade the victim like a criminal if he refused to part with something and for fear that he might be killed, the victim begged the policemen to spare his life but that they should take all his valuable.

The policemen, who insisted collecting the money before they would free the victim, dragged him to their command where he was detained.

The victim had allegedly negotiated his bail with the sum of N140,000 which he claimed was in his bank account.

The source said that the policemen allegedly followed the victim to one of the banks in Agbara where he withdrew the said amount.

“After handing over the money to the policemen they still took him back to Area K where they promised to perfect his bail” the source revealed.

However, luck ran against the policemen when the father of the victim who happens to be the owner of the account from where the money was withdrawn received an alert from his bank.

Trouble started for the policemen when on arrival the victim’s parents discovered what had happened to their son and promptly informed the Area Commander.

The Area Commander informed the authority at the command who promptly deployed detectives from X-Squad to Area K.

Lagos State Police Public Relations Officer, Olarinde Famous Cole, could not be reached for comment.

Nigeria Emerges From First Recession In 25 Years

Nigeria Emerges From First Recession In 25 Years

The nation’s economy has snapped out of its first recession in 25 years as Gross Domestic Product has returned to positive growth.

The National Bureau of Statistics on Tuesday said the GDP grew by 0.55 per cent (year-on-year) in real terms in the second quarter of 2017.

The GDP shrank by 0.52 per cent (year-on-year) in real terms in the first quarter of 2017, representing the fifth consecutive quarter of contraction since the first quarter of 2016.

“This growth is 2.04 per cent higher than the rate recorded in the corresponding quarter of 2016 ( –1.49 per cent) and higher by 1.46 per cent points from rate recorded in the preceding quarter, (revised to –0.91 per cent from –0.52 per cent). Quarter on quarter, real GDP growth was 3.23 per cent,” the NBS said in the Q2 2017 GDP report.

The economy had shrunk by 1.5 per cent in 2016, the first full-year contraction in 25 years.

After several quarters of slowdown in growth on the back of the steep fall in crude oil prices, the economy contracted by 0.4 per cent in the first quarter of 2016, 2.1 per cent in the second quarter, 2.2 per cent in the third and 1.3 per cent in the fourth.

Source: Punch