News
Court freezes Benue accounts over ‘N333m loan’
A Federal High Court in Abuja on Wednesday made an interim order freezing bank accounts of the Benue State Government over its alleged involvement in securing a “N333 million loan” in 2008.
Presiding Judge Inyang Ekwo gave the order following an ex-parte motion brought by the Asset Management Corporation of Nigeria (AMCON).
He also ordered that the bank accounts of HPPS Multilink Services Ltd, a firm, be frozen pending the hearing and the determination of the substantive suit.
AMCON is the claimant; while the company and the state government are first and second respondents.
- Gunmen invade Ogun community, shoot six persons
- Physical activities reduce impact of COVID-19 on patients — Experts
- Anambra election: Corps members threaten withdraw from poll over IPOB order
In the affidavits, AMCON described the loan as a toxic loan of eligible bank assets transferred to it by law to recover.
“That the loan was for the agreed period of 24 months at the interest of 19 per cent per annum.”
The affected bank accounts of both respondents are domiciled in Access Bank Plc, Citibank Nigeria Limited, Eco Bank Nigeria Plc, Fidelity Bank Plc, First Bank Nigeria Plc, First City Monument Bank Plc, Guaranty Trust Bank Plc, Heritage Bank Plc, Keystone Bank Limited.
Others are Polaris Bank Limited, Stanbic IBTC Plc, Standard Chartered Bank Nigeria Limited, Sterling Bank Plc, Suntrust Bank Nigeria Limited, Union Bank of Nigeria Plc, United Bank for Africa Plc, Unity Bank Nigeria Plc, Wema Bank Plc and Zenith Bank Plc.
Daily Trust
News
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
Edo State Governor, Monday Okpebholo, has directed the immediate freezing of all state-owned bank accounts.
In a statement issued on Thursday by his Chief Press Secretary, Fred Itua, the governor stated that the accounts would remain frozen until further notice.
He instructed commercial banks, ministries, departments, and agencies (MDAs) to comply with the order immediately or face severe consequences.
The statement reads: “All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.
READ ALSO:
- Wike claims Adeyanju became activist after he rejected request to be PDP Publicity Secretary
- VeryDarkMan to Falana: I won’t apologise to anybody
- Court adjourns Falana’s suit against VeryDarkMan to January 2025
“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.
“Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect.”
Okpebholo also directed relevant agencies to revert the name of the Ministry of Roads and Bridges to its previous title, the Ministry of Works, a change made during the Godwin Obaseki administration.
“It is odd to name a government institution the Ministry of Roads and Bridges, especially when not a single bridge was built by the previous administration — not even a pedestrian bridge.
“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state,” the statement added.
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
News
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
Prominent Islamic scholar Dr. Ahmad Mahmud Gumi has criticized the widely discussed two-state solution for the Israel-Palestine conflict, calling it a “deception.”
His remarks followed a recent summit of the Organisation of Islamic Cooperation (OIC) in Riyadh, where President Bola Tinubu and other leaders condemned Israel’s actions in Gaza and urged an end to hostilities.
In an interview with Daily Trust at his Kaduna residence, Gumi argued, “This Two-State Solution is a deception. No Israeli will allow a Palestinian to survive, and Palestinians will never allow Israel to survive.
READ ALSO:
- Court sacks Ondo LP candidate, two days to governorship poll
- FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win
- 24-hour power supply: FG seeks private sector support for $10bn funding gap
The only solution is to dissolve the two states and create a democratically electable region.”
Gumi commended the OIC’s support for Palestine, noting that Muslims and Arabs worldwide increasingly see the treatment of Palestinians as “genocide” and accuse Israel of human rights abuses.
He also called for a return to the pre-1948 structure, where Palestinians, Jews, and Christians lived together, suggesting a single, inclusive state that allows peaceful coexistence.
“When I hear people talking about Two-State Solutions, I know they are just deceiving themselves,” Gumi added, advocating for a unified region where people of all faiths can live together, similar to the multi-faith coexistence seen in countries like the United States.
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
News
Court sacks Ondo LP candidate, two days to governorship poll
Court sacks Ondo LP candidate, two days to governorship poll
The Labour Party candidature of Olusola Ebiseni for the upcoming gubernatorial election in Ondo State has been nullified.
The nullification follows the sacking of Ebiseni by the Court of Appeal, sitting in Abuja, on Wednesday.
The governorship election of the southwest State will hold on Saturday, 16 November 2024.
The judgement disqualifying Ebiseni was unanimously delivered by the three members of the panel and read out by the chairman of the panel, Justice Adebukola Banjoko.
The judgment granted the prayer of the Labour Party who preferred the case against Ebiseni.
READ ALSO:
- 12-yr-old Nigerian girl invents air filter, gets $11.5m funding
- Gunmen kill two soldiers in Abia checkpoint attack
- 94 arrested as task force raids Lagos rail corridor squatters
Justice Banjoko held that, “the appeal marked CA/ABJ/CV/1172/2024 brought by the Labour Party against Chief Olusola Ebiseni and two others is allowed.”
Justice Banjoko further stated that the Certified True Copy of the judgment would be provided to the parties involved in the appeal as soon as possible for their review.
Recall that Justice Emeka Nwite of the Federal High Court in Abuja had ordered the Independent National Electoral Commission to accept and recognize Olusola Ebiseni and Ezekiel Awude as the Labour Party’s governorship and deputy governorship candidates for the November 16 Ondo State governorship elections.
Justice Nwite confirmed that the second primary election conducted by the Labour Party, which resulted in Ebiseni and Awude being selected as candidates, was valid and should be upheld by INEC.
However, the appellate court has now overturned the judgment of the trial court’s judgment.
Court sacks Ondo LP candidate, two days to governorship poll
-
International3 days ago
Belgium University offers scholarship up to €12,000 for Master’s students
-
Sports3 hours ago
BREAKING: Super Eagles qualify for AFCON 2025
-
Railway2 days ago
Nigerian railway adds extra train to Friday, Saturday trips on Lagos-Ibadan route
-
International2 days ago
UK announces 45,000 seasonal worker visas for 2025
-
Aviation5 hours ago
Disaster averted as bird strike hits Abuja-Lagos Air Peace flight
-
Education1 day ago
12-year-old Nigerian girl Eniola Shokunbi invents air filter to reduce spread of diseases in US schools
-
International3 days ago
Saudi crown prince says Israel committing ‘genocide’ in Gaza
-
Business2 days ago
Top 5 crypto apps that work with Nigerian Bank accounts