NBS: Used vehicles, motorbikes, PMS top Nigeria’s imports – Newstrends
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NBS: Used vehicles, motorbikes, PMS top Nigeria’s imports

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Used vehicles, motorcycles, premium motor spirit, popularly called petrol, and antibiotics were the major products imported by Nigerians from India, Spain, the Netherlands, United States and China in the fourth quarter of 2020, the National Bureau of Statistics has said.

The bureau stated this in its just released Commodity Price Indices and Terms of Trade Q4 2020, according to a Punch report.

It also stated that the major commodities exported from Nigeria to the five nations were crude oil and natural gas.

The NBS said, “The major export and import market of Nigeria in Q4 2020 were India, Spain, the Netherlands, United States and China.

“The major exports to these countries were crude petroleum and natural gas. The major imports from the countries were petroleum motor spirit, used vehicles, motorcycles and antibiotics.”

The bureau stated that the all-commodity group import index increased by 0.13 per cent between October and December 2020.

“This was driven mainly by an increase in the prices of base metals and articles of base metals (one per cent), boilers, machinery and appliances; parts thereof (1.03 per cent), and products of the chemical and allied industries (0.75 per cent),” it stated.

According to worldstopexports.com, Nigeria imported about half (49.6 per cent) of its imported goods by value from Asia in 2019; another 30 per cent from suppliers in Europe with 11.2 per cent arriving from North America.

Smaller percentages were said to come from fellow African nations (6.5 per cent), Latin America (2.3 per cent) excluding Mexico but including the Caribbean, then Oceania (0.3 per cent) led by New Zealand and Australia.

Given Nigeria’s population of 201 million people, its total $47.4 billion in 2019 imports translated to about $240 in yearly product demand from every person in the West African region country.

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Hardship: Lagos gov slashes transport fares by 25%, asks civil servants to work three days weekly

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Hardship: Lagos gov slashes transport fares by 25%, asks civil servants to work three days weekly

 

Lagos civil servants are henceforth to show up in their places of work three times a week as a way to ease the currently hardship they face due to high cost of living.

Lagos State Governor, Babajide Sanwo-Olu, who disclosed this on Thursday also announced a slash in public transport fares by 25 percent beginning from next week.

Many young people have trooped to the streets in Lagos, Oyo, Lagos, Kano and Osun states to protest the growing hardship in the country.

The labour group has also fixed two days next week for nationwide protests over the issue.

Sanwo-Olu, who spoke at a media chat on Thursday, expressed empathy with the citizens, stressing that “as leaders, we must be able to solve socioeconomic problems.”

“We want to start with our public servants, immediately from next week, civil servants from the lower level to 14 will be working like three times a week and level 15-17 can work four times in a week,” he said.

The governor also said his administration had completed some rail projects including the Red Line for inauguration next week.

The rail system, he added, was aimed at creating robust transportation services in the metropolis.

Sanwo-Olu said the 25 per cent reduction on transport services would start this weekend for the State Public Transport system (BRT, Train, Ferry), while there were discussions with various unions to also reduce their own fares.

The governor said the government would also identify caterers and ‘Mama Put’ in each local government to feed over 1,000 people once per day.

He also spoke on the Lagos Rice Mill, saying there were challenges with Paddy all over the country but disclosed that his administration was in discussions with the Federal Government to get two vessels of Paddy from outside for the rice mill to produce for almost a year.

Sanwo-Olu also said four more food hubs were under construction and that seven other locations in other local governments had been identified for new food hubs to be developed.

Lagos civil servants are henceforth to show up in their places of work three times a week as a way to ease the currently hardship they face due to high cost of living.

Lagos State Governor, Babajide Sanwo-Olu, who disclosed this on Thursday also announced a slash in public transport fares by 25 percent beginning from next week.

The governor spoke at a media chat expressing empathy with the citizens, stressing that “as leaders, we must be able to solve socioeconomic problems.”

“We want to start with our public servants, immediately from next week, civil servants from the lower level to 14 will be working like three times a week and level 15-17 can work four times in a week,” he said.

The governor also said his administration had completed some rail projects including the Red Line for inauguration next week.

The rail system, he added, was aimed at creating robust transportation services in the metropolis.

Sanwo-Olu said the 25 per cent reduction on transport services would start this weekend for the State Public Transport system (BRT, Train, Ferry), while there were discussions with various unions to also reduce their own fares.

The governor said the government would also identify caterers and ‘Mama Put’ in each local government to feed over 1,000 people once per day.

He also spoke on the Lagos Rice Mill, saying there were challenges with Paddy all over the country but disclosed that his administration was in discussions with the Federal Government to get two vessels of Paddy from outside for the rice mill to produce for almost a year.

Sanwo-Olu also said four more food hubs were under construction and that seven other locations in other local governments had been identified for new food hubs to be developed.

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EFCC deceived me into admitting N109.4bn fraud – Ex-accountant-general

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EFCC deceived me into admitting N109.4bn fraud – Ex-accountant-general

An ex-Accountant-General of Federation (AGF), Ahmed Idris, has said he was decieved by the Economic and Financial Crimes Commission (EFCC) to admit his involvement in an alleged N109.4 billion fraud.
Idris is standing trial on a 14-count charge alongside Geoffrey Akindele, Mohammed Kudu Usman, and a firm — Gezawa Commodity Market and Exchange Limited, before a high court of the federal capital territory (FCT) in Maitama.

Idris was arrested on May 16, 2022, by the EFCC over alleged diversion of funds and money laundering.

Halilu Yusuf, the presiding judge, had ordered a trial-within-trial in the matter to enable the court to determine whether all the extra-judicial statements made by the former AGF to the EFCC should be admitted in evidence.

Chris Uche, counsel to Ahmed, alleged that the EFCC had assured the defendant that he would not be subjected to any trial if he gave details that would implicate a former minister of finance and some governors.

Idris urged the court to reject the said confessional statements which he said were obtained in violation of the provisions of sections 15(4) and 17(1) (2) of the ACJA 2015, as his lawyers were not present when he made them and the sessions were not recorded.

But the EFCC’s lead investigator, Hayatudeen Suleiman, denied the allegation.

Suleiman, who appeared as a witness on Thursday, said the statements by the first defendant were obtained voluntarily.

Under cross-examination by Rotimi Jacobs, prosecution counsel, the witness stated that “there was no such deception of promise made to the first defendant”.

“After he was cautioned, he was told that the matter would end up in court. The defendant came along with his legal representative in the person of Gbenga Adeyemi, who witnessed the statement from the beginning to the end and he also signed,” the witness told the court.

“We asked questions which he answered. The 1st defendant voluntarily made the statements and was also notified that it would be used in court for trial.

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Extrajudicial Killing: Court sentences 5 vigilante group members to death

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Extrajudicial Killing: Court sentences 5 vigilante group members to death

For alleged extrajudicial killings of a minor, five vigilance members will be hanged to death in Kano.

The High Court in Kano presided by Justice Dije Abdu Aboki sentenced them to death by hanging for the death of a 17-year-old boy, Ahmed Musa.

The five were attached to Sani Abacha Youth Centre, it was learnt.

They were identified as: Emmanuel Korau, Elisha Ayuba, Irimiya Timothy, Auwalu Jafar and Mustapha Haladu. They all denied committing the offence.

The prosecution lead counsel, Barrister Lamido Abba Soron Dinki, said the convicts committed the offence on 22nd Jan. 2022 at Sabon Titi, Panshekara, Kumbotso local government area.

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Dinki explained that on the same date at about 10am the Convicts conspired and attacked the deceased while he was crossing Sabon Titi, Panshekara Road.

The prosecution counsel told the court that the defendants came out from a tricycle and started beating the deceased with a long club.

The prosecutor said the offence contravened the provision of section 97 and 221(b) of the Penal Code

“In the process, the first defendant used a long sharp knife and stabbed the deceased on his neck and dragged him on the ground, put him in the tricycle and took him away.

“As a result the deceased sustained grievous injuries and swollen face.

“The victim was later taken to Kuntau Police Division Kano and was rushed to Murtala Muhammad Specialist Hospital Kano, where he died,” he said.

The judge agreed with the prosecutor, saying: “I hereby sentence the five defendants to death by hanging.”

Extrajudicial Killing: Court sentences 5 vigilante group members to death

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