IFEANYI UBA ARRESTED OVER N22.4 BILLION SUBSIDY FRAUD !!!

Mr Ifeanyi Uba, the Managing Director of Capital Oil & Gas Industries Ltd, has been arrested over the involvement of his firm in a N22.4 Billion subsidy fraud. He was arrested at exactly 2.00pm Tuesday

Mr Aigboje Aig-Imoukhuede’s led 15-man Presidential Panel constituted by President Goodluck Jonathan to re-investigate the findings of the report of an earlier investigation panel indicted Capital Oil for fraud.

The findings revealed that Uba made a whooping N22.4 Billion from the subsidy scam.

According to the sources, it was learnt that NNPC allocated to Uba’s Capital Oil 75% of kerosene supplies to distribute to the entire country at N50 pump price, but  the cheapest of the product at the depot is N120 per litre & N135 at the filling stations while Capital Oil makes more than N70 on each litre of kerosene sold.

Sources hinted that Uba who made a payment plan of N2 Billion with AMCON reneged severally and started playing hide and seek anytime the Mustapha Chike Obi led agency approaches him to pay up his debts.

Capital Oil is one of the firms which received dodgy payments running into billions of naira from the Petroleum Products Pricing and Regulatory Agency (PPPRA) on kerosene, petrol and diesel subsidy.

Government paid a total sum of N3.655 trillion to beneficiaries of fuel subsidy between 2006 and 2011, while amount jumped to a whooping N1.426 trillion between January and August last year.

Investigations reveal that Uba, is one of the most notorious subsidy scammers, has several collaborators.

 The EFCC has already been mandated to investigate all the subsidy beneficiaries, which include Oando, Integrated Oil and Gas, MRS, AA Rano. A-Z Petroleum, ASB, Arcon Oil, African Petroleum, Aminu resources, Con Oil, Avante Guard, Avido, Boffas and Brila Energy.

Other are D Jones Petroleum, Downstream Energy, Dosil Oil Inco Ray, Eternal, Folawiyo Energy, Frado International, First Deepwater, Heden Oil, Honeywell Petrol, AMP, Channel Oil, Fort Oil, Bovas, Obat Oil, Ipman Investment, Atio Oil, AMP, and Ernac Oil.

Read more :HERE

OBA AKIOLU'S JOKE TAKEN TOO FAR...OBY EZEKWESILI

 Mrs Oby Ezekwesili has taken to her twitter page, says Oba of Lagos has taken his joke too far, and suggested that the Oba should apologise and let the matter rest instead of escalating, insisting insurgency started in a similar manner. In her words, ‘’ this is exactly how we kept moving on without tackling insurgency until it grew into the monster of today. Always resolve issues, Do it now,’’ Her tweets after the cut......

EMULATE PRESIDENT JONATHAN & CONCEDE DEFEAT...TONY ANENIH APPEALED TO HIS PARTY MEMBERS

Chief Tony Anenih, Chairman of the Peoples Democratic Party (PDP) Board of Trustees, has appealed to candidates of his party, who lost out in the National Assembly election to emulate President Goodluck Jonathan and concede defeat.
 In a statement made available to newsmen in Abuja yesterday, Chief  Anenih appealed to aggrieved candidates to shun litigation and embrace the winners of the election.

Anenih said: “A keenly contested presidential election, which many predicted would spell doom for Nigeria, has ended gloriously, with everyone a winner. I congratulate the President-elect, General Muhammadu Buhari, on his victory.  Nigerians are expecting great things from him. It is my hope that he will take this great country to greater heights in the journey towards our manifest destiny.

“I salute the statesmanship of President Goodluck Jonathan in conceding defeat, even before the official declaration of results was done. By this noble act, President Jonathan has made an indelible mark on the sands of time. History will be very kind to him.

“President Jonathan has worked selflessly to deepen democracy in Nigeria. His consistent advocacy of the rights of the people to freely choose their leaders had earlier yielded free, fair and credible elections in some states of the federation.

“Now, a peaceful transition is expected to follow after the general elections. The 2015 presidential election, in which the incumbent president lost to the opposition, has become a source of pride to Nigeria. It has portrayed to the world that democracy in Nigeria compares to the best anywhere.

Chief Anenih commended the General Abdulsalami Abubakar-led peace committee for its moral advocacy that culminated in the non-violent reception of the outcome of the presidential election.

PASTOR & HIS WIFE ARRESTED FOR ALLEGEDLY KIDNAPPING NEWBORN BABY TO SELL FOR N300K

The General overseer of a Pentecostal church in Akwa Ibom state identified as Pastor John and his wife, Deborah (pictured above) have been arrested by the Akwa Ibom state police command for allegedly kidnapping a newborn baby with the intent of selling him to a child trafficking syndicate  at the cost of N300,000!!!

According to source, the couple would adopt little babies in the guise that they want to raise them and then they would sell the children to their child trafficking syndicate.

Confessing to the crime, Pastor John said “We have the mission to train children  nd suddenly we changed our mind, when my wife and I ventured into selling of a new baby for N200,000.00 or N300,000.00 since we have a syndicate who could sell it for us’’he said.

In a related development, the state police have arrested one lady simply identified as Sabbath for selling her 5 day old baby for N90, 000. Sabbath gave birth to a set of twins and decided to sell one of them, blaming it on poverty.

When interrogated, she said ‘It was poverty that led me into this mess. It is true that I sold one of my twins for N90,000.00 to  Mr Akpanam and Mr Samuel to be able to train the other baby. My husband’s family should forgive me for what I have done, it was poverty that led me into this’ she said.

GRAPHIC PHOTOS: FAYOSE IMPEACHMENT SAGA..ONE PERSON KILLED TODAY !!!

 Here's a report from the Special Assistant on new media to Gov. Fayose, Lere Olayinka, on the fracas that happened in Ekiti state this morning following APC lawmakers planned sitting to impeach Governor Fayose. Unfortunately one person has lost his life. Read and see the photos after the cut (graphic) below...

‘’Here is the corpse of Modupe Olaiya, killed at Efon-Alaaye today by rampaging APC Lawmakers led by Dr Adewale Omirin. Thugs and armed policemen in the lawmakers’ bus opened fire at the people at Efon-Alaaye junction on their way to Ado-Ekiti today.

The lawmakers were coming to Ado-Ekiti from Osogbo, Osun State to carry out their evil plot to impeach Governor Ayodele Fayose.

Sources at the scene said a member of House, Hon Gabriel Ogundele fired the shot that killed Modupe Olaiya.

The lawmakers’ convoy was blocked by angry youths and Soldiers at Ita-Awure before they were ordered to return to Osogbo.’’

OBA OF LAGOS IS NOT A TRIBALIST

 According to Collins Discovery Encyclopaedia, 1st edition © HarperCollins Publishers 2005, Suffrage is defined as: 1. the right to vote, especially in public elections; franchise
2. the exercise of such a right; casting a vote
3. a supporting vote
4. a prayer, especially a short intercessory prayer.

Fast-forward, two central issues for democracies are the right to candidate, and suffrage or the franchise—that is, the decision as to who is entitled to vote.

Thou, am not in support of the Oba’s comment and threat to the Igbos, because it is their choice to vote for whomever they like in an elections. Having said that, the comments also need a closer scrutiny judging by the document in circulation titled ‘’The Evil of Broom Government against Ndigbo in Lagos’’ (Read the document below)!!!

However, I do not know whether this document is fake or not, let assume that this document is authentic, no Traditional ruler will love to be dictated to by other tribe(s).The notion and the thinking of non-Yoruba staying in Lagos are that ‘Lagos is no man’s land’’! To me, that is an insult to my race. Can this statement be applicable to Kano or Imo states?

According to one commentator, Okobiemen Victor, he wrote;’’ Ibos should pls stop weeping up tribal sentiments what you'll not condone in your own land don't try it in other people's land. We know you like dominance and that's why the Oba does not want you to blackmail him or the broom govt. Let's just say it's the kind of words a father uses to drive a child away from an imminent danger.’’

WHOEVER WANT TO REMOVE ME MUST IMPEACH GOD FIRST...FAYOSE

Ekiti State Governor, Ayo Fayose ,while speaking at an audience participatory programme; “Meet Your Governor” which was aired on the State Television, EKTV, Ekiti Radio, Progress FM and NTA, Ado Ekiti, today that:

“I’m like Israel that is in the midst of enemies but will always prevail. Whoever wants to remove me will first have to impeach God.

“They are doing all these just to get at me because of my support for President Jonathan and I have no regret for supporting the president.

“Let me say it again, I have not been served any impeachment notice. The House of Assembly is also on recess and Dr Adewale Omirin is not the speaker of the State House of Assembly.

“Omirin is in court, challenging his impeachment and he can’t be challenging his impeachment in court and at the same time laying claim to being Speaker,” the Governor said