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Woman bags jail term for money racketeering Lagos

Woman bags jail term for money racketeering Lagos
The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC on Friday, March 15, 2024 secured the conviction and sentencing of one Bose Lateef before Justice Deinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, for an offence bordering on money racketeering.
She was arraigned by the EFCC on a one- count charge bordering on Naira Racketeering under Section 21(4) of the CBN Act.
The count reads: “That you, BOSE LATEEF on or about the 16 day of February, 2024 al Eko Club, Surulere, in Lages within the jurisdiction of this Honourable Court hawked the sum of N269,000.00 (Two Hundred and Sixty Nine Thousand Naira), in N500 (Five Hundred Naira) denominations, issued by the Central Bank of Nigeria and thereby committed an offence contrary lo 21(4) and punishable under Section 21(1) of the Central Bank of Nigeria Act. 2007.”
She pleaded “guilty” to the charge preferred against her.
Following her guilty plea, counsel to the EFCC, A.S. Wara called on Olagunjo Abdulmalik, an operative of the EFCC, to review the facts of the case.
Abdulmalik told the court that the defendant was arrested on February 15, 2024 while hawking Naira notes at Eko Club, Surulere, Lagos, following credible intelligence received by the Commission.
Speaking further, he said the sum of N507,500.00 (Five Hundred and Seven Thousand, Five hundred Naira) was recovered from her at the point of arrest.
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“Upon her arrest by operatives, she was duly cautioned and the defendant volunteered her statement, in which she confessed that she was into money racketeering and hawking of Naira notes,” he said.
Wara, thereafter, sought to tender, in evidence, the defendant’s statements, and the N507,500.00 (Five Hundred and Seven Thousand, Five hundred Naira) recovered.
Justice Dipeolu admitted and marked them as exhibits against her.
Thereafter, the trial judge declared her guilty as charged.
Defence counsel, Kolapo Gbadamosi, prayed the court for leniency.
“The money found in her possession was a loan she took from a cooperative society,” he said.
He prayed the court to “please give her the money so she can return to the owner and forgive her as she is a first-time offender and is sorry for her actions”.
Justice Dipeolu sentenced her to one month imprisonment to commence from the day of her arrest by the EFCC. The court also ordered the sum of N507,500 cash should be returned to her.
Woman bags jail term for money racketeering Lagos
metro
Explosion in Yobe, three people hospitalised

Explosion in Yobe, three people hospitalised
At least 3 persons have been hospitalised after an undetonated Improvised Explosive Device exploded in Gujba Local Government Area of Yobe State.
The explosion took place on Saturday at Ngomari Community in Buni Yadi, headquarters of Gujba Local Government Area.
A reliable source in the area told Daily Trust that the incident happened when a 22-year-old discovered live ammunition and four AK47 rounds while fetching firewood in the bush.
“The young man attempted to open the ammunition out of curiosity.
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“He proceeded to strike the ammunition with a hammer, which triggered an explosion. 3 persons including the young man sustained various degrees of injury,” the source said.
Confirming the incident, the Secretary of the Local Metal Fabricators Association, Gujba LG, Malam Isyaku Dahiru, said the victims were moved to Yobe State Specialist Hospital Buni Yadi for urgent treatment.
Efforts to get the reaction of the Public Relations Officer of the Yobe State Police Command, SP Dungus Abdulkarim, were not successful as he did not pick his calls and was yet to reply to the calls as at the time of filing this report.
Boko Haram terrorists have been using IEDs to launch attacks on communities in the area.
Explosion in Yobe, three people hospitalised
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Rivers: Presidency reveals security intelligence leading to emergency rule

Rivers: Presidency reveals security intelligence leading to emergency rule
The Presidency has revealed that security intelligence reports led to the suspension of Rivers State Governor Siminalayi Fubara, his deputy, and elected members of the State House of Assembly.
According to the government, militants were already targeting oil pipelines, posing a serious threat to national security and the economy.
Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, disclosed this in an article titled “Imagine Rivers State Without a State of Emergency”, published on Sunday.
He maintained that intelligence reports showed an escalating crisis in the oil-rich state.
President Tinubu, in a nationwide broadcast on Tuesday, explained that his efforts to mediate the political conflict in Rivers had been ignored. He stated that worsening security threats necessitated the declaration of a state of emergency.
“The latest security reports made available to me show that between yesterday and today, there have been disturbing incidents of vandalization of pipelines by some militants, without the governor taking any action to curtail them. I have, of course, given stern orders to the security agencies to ensure the safety of the good people of Rivers State and the oil pipelines,” Tinubu said while announcing the emergency rule.
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The decision has drawn criticism from various quarters, with many questioning its necessity. However, the Presidency has defended the move, insisting it was based on credible security intelligence.
Onanuga explained that Section 305 of the Constitution empowers the President to act when there is a threat to law, order, or economic security.
“Impeachment threats might have spurred attacks on lawmakers by the governor’s supporters, while militants in the creeks—primed to sabotage critical oil infrastructure—could have plunged Nigeria’s oil production back to pre-2023 lows,” he stated.
He further alleged that militants were awaiting instructions from Fubara before launching attacks on pipelines.
“Intelligence confirmed that militants, told by Fubara to await signals, were already targeting pipelines, risking a collapse in output and a Niger-Delta domino effect,” Onanuga added.
According to him, Tinubu’s intervention was crucial, as Rivers State is a key player in Nigeria’s oil sector. He warned that any disruption in the region could have dire economic consequences.
He dismissed claims that the emergency rule undermines democracy, arguing that it is a “temporary, surgical” measure aimed at restoring order rather than replacing democratic institutions.
Rivers: Presidency reveals security intelligence leading to emergency rule
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Shehu Sani faults senators taking voice vote objection to media

Shehu Sani faults senators taking voice vote objection to media
A former senator who represented Kaduna Central Senatorial District has slammed lawmakers for going to the media to raise objections against the adoption of voice voting for the confirmation of a State of Emergency in Rivers State.
Shehu Sani said that any lawmaker who wished to raise such an objection ought to have done so in the chambers of the National Assembly and not the media.
Recall that members of the National Assembly had voted on the proclamation of a State of Emergency in Rivers by President Bola Tinubu.
However, rather than adhere to the provisions of the law by taking a head count to determine that the Assembly had formed a quorum, the leadership of both chambers adopted voice voting.
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Shortly after the voting process which was condemned by many including Peter Obi, Atiku Abubakar, and the Peoples Democratic Party among others, Ireti Kingibe, a serving lawmaker condemned the process.
In his reaction, to this Sani said all objections should be done within the chambers, not outside or in the media.
He wrote on X, “If any lawmaker had issues with voice votes or quorum, he or she is supposed to raise a point of order on the floor and insist on being heard; and not be silent in the chamber then come to the media to raise objections.
“If there is no quorum, it’s because some lawmakers deliberately chose to abstain,” Sani noted.
Shehu Sani faults senators taking voice vote objection to media
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