Friday, 22 September 2017
Business and Economy

Business and Economy (692)

SPONSORED BY HIRING234.COM: For attempting to extricate himself from the web of $1.09 billion Malabu oil deal, former President Olusegun Obasanjo has come under scathing attacks from Ekiti State Governor Ayo Fayose.

Fayose, in his second tirade against Obasanjo in two weeks, described the former President as “the father of corruption in Nigeria who sits on stolen wealth and lacks moral rights to accuse anyone of corruption.”

While challenging Obasanjo to explain to Nigerians his source of “stupendous wealth”, Fayose in a statement yesterday by his Special Assistant on Public Communication and New Media, Lere Olayinka, attacked Obasanjo for his alleged “holier-than-thou posture”, grandstanding and pontification on issues of corruption.

The chairman of the Peoples Democratic Party (PDP) Governors’ Forum claimed that Obasanjo presided over one of the most corrupt administrations in the nation’s history.

He restated his call that the ex-leader should refund the N10 million he (Obasanjo) forced him (Fayose) to donate alongside other 29 governors to his presidential library project in 2005 with interest.

He said: “It smacked of the highest level of hypocrisy for someone like Obasanjo to be sermonizing about corruption, having superintended over a corrupt government himself.

“The former President must come out clean on his roles in the controversial $1.09 billion Malabu Oil deal, instead of warning former Attorney-General of the Federation (AGF) and Minister of Justice Mohammed Adoke to stop mentioning his name in the deal.

“It is on record that the out-of-court settlement on the controversial Malabu Oil Block was initiated in 2006 during Obasanjo’s administration. Obasanjo’s accusing anyone of corruption was like “Oyenusi accusing Shina Rambo of armed robbery.

“I challenge the former President to explain to Nigerians the source of his stupendous wealth. We saw how Obasanjo was when he became president and the magnitude of both direct and indirect investments that he has now. Can he in all honesty tell Nigerians that he acquired his wealth through legitimate means?

“Other Nigerians who left offices as President are still relevant to their people, but can the same be said about Obasanjo? Was he useful to the Yoruba race as President and now as former President?

“The bad state that he left major roads linking the Southwest to other zones in Nigeria, especially the Lagos-Ibadan expressway remains a pointer to this. Yet, he goes about postulating as if he is the only honest Nigerians who can make things right in the country.”

Posted On Friday, 17 March 2017 00:40 Written by

SPONSORED BY YES434.COM: Ibrahim Magu’s confirmation for Economic and Financial Crimes Commission (EFCC) chairman was rejected again yesterday – no thanks to some governors, senators and high-profile suspects.

Magu’s confirmation was first rejected on December 15, 2016.

The governors were said to have been angry with Magu over the ongoing probe of the alleged diversion of N19 billion from the London-Paris Club loan refund.

Seven governors have been implicated in the scandal.

Besides, some senators resolved to save their colleagues following Magu’s refusal to make a commitment that he will “find solutions” to the ongoing investigation and trial of 10 members of the Upper Chamber.

Some of the 10 senators, led by a former governor from the Northeast, specifically demanded the termination of their trial during a meeting with Magu.

The Acting EFCC chairman however insisted that the law must take its course, a source, who pleaded not to be named because of the “sensitivity” of the matter, told The Nation.

Some high profile suspects were said to have wielded influence to frustrate Magu’s confirmation “to pay him back in his own coin”.

According to the source, Magu’s rejection was the product of “conspiracy of aggrieved forces”.

It was learnt that the N19billion  was deducted from the N388.304billion, which was part of the N522.74 billion released to 35 states as refund of over-deductions on the London-Paris Club loans.

Following protests by states against over deductions for external debt service between 1995 and 2002, President Muhammadu Buhari approved the release of the first tranche to states as refund pending a reconciliation of records.

 

Each state was entitled to a cap of N14.5 billion being 25% of the amounts claimed.

But EFCC through intelligence intercepted how N19billion was diverted to Nigeria Governors Forum (NGF) accounts and some private accounts.

A source said: “All attempts to prevail on Magu to halt the investigation failed and the governors have no choice than to engage in lobbying to truncate the confirmation.

“Although a governor from the Northeast did his best to persuade his colleagues to spare Magu, some of the governors vowed not to take the risk.

“At a point, the governors sent emissaries to the Acting EFCC chairman, including some government officials, but he did not shift ground.

“The position of the governors was that the Presidency was in the picture of the deductions from the loan refunds but the EFCC’s probe was seen as an embarrassment to them.

“Before Magu goes after them, they decided to cut him to size. These governors found willing partners in some National Assembly leaders who were implicated in the loan refund.”

One of the emissaries sent by the governors to Magu was quoted as saying: “This chap almost secured confirmation but he bungled it by probing the loan refund.

“Each time a commitment was secured from him, the more he has been intensifying investigation of the N19billion. We told him it was a sensitive case.”

“A businessman reportedly interceded for Magu, urging the Senate leadership to confirm him. But the businessman later discovered that EFCC was investigating him in connection with the loan refund, The Nation learnt.

“So, the governors refused to spare any efforts to lobby their senators to reject Magu. And don’t forget that most of these governors are godfathers of many senators. Again, 2019 is around the corner, no senator wants to take a bet on Magu and lose the opportunity of returning to the Red Chamber in the next general election,” the source said.

Most of the senators were displeased that the EFCC was either investigating or putting more than 10 of their colleagues on trial.

A highly-placed source said: “The Senate has had its grudges against Magu since the invitation of the wife of the President of the Senate for interrogation. The senators saw it as a desecration of the chamber.

“Despite the fact that the President of the Senate, Dr. Bukola Saraki, has purportedly forgiven Saraki, the questioning of his wife has been a lingering memory. There are always fears that Magu could be more drastic in his action if confirmed.

”And the fears came to fore during the lobbying for confirmation when the Acting EFCC chairman refused to yield ground.  Magu and a few others met with some of the Senators, led by a former governor from the Northeast, who demanded to know what EFCC will do on their cases.”

Magu was said to have told the lawmakers that the law will take its course.

He was quoted as saying: “I cannot find solutions to these cases.”

Since that day, the hurdles against his confirmation became higher.

“The list of those who met Magu where the request was tabled is an open secret,” the source said.

He went on: “The PDP senators did not mince words that the Acting EFCC chairman will not be confirmed because of alleged tilting of investigation towards opposition leaders. The ongoing subtle probe of the Senate Minority Leader, Godswill Akpabio and his wife by the EFCC was considered as an affront after Magu had lobbied the PDP Caucus.

“Although two of the PDP senators met with Magu on Tuesday to assure him of likely clearance but the game plan changed overnight when the caucus took a position against Magu.”

Another source fingered some high profile suspects of the EFCC, including some bank chiefs, as those behind Magu’s travails.

The source added: “The Acting EFCC chairman stepped on toes of these high-profile suspects, who in cahoots with their associates and sympathisers, lobbied senators to halt what one of them described as ‘Magu’s hurricane’. These suspects have the wherewithal to fight Magu to a standstill.

“The problem with Magu is that he has no godfather to fight his cause. And Senate politics is about influence wielding, building contacts and high-wire relationship.

“There were rumours that some suspects budgeted about N2.2billion to stop Magu’s confirmation. The EFCC stumbled on this information but it was yet to trace any transaction linked to the slush budget. The agency was suspecting under-the-table vote.”

Also yesterday, it was learnt that “the crisis of confidence within the kitchen cabinet of President Muhammadu Buhari” affected Magu’s confirmation.

A source in government said: “Magu has limited contacts in government. His sympathisers are President Buhari, Vice President Yemi Osinbajo, the President’s wife, Hajiya Aisha Buhari,  the Secretary to the Government of the Federation, Babachir Lawal, the National Security Adviser (NSA), Gen. Babagana Monguno and the Chairman of PACAC, Prof. Itse Sagay, among others.

“Unfortunately, the NSA who recommended him for the job is facing challenges with some members of the kitchen cabinet who see Magu as doing the bidding of his benefactor.

Asked of the role of the Department of State Services (DSS), the source said: “I think the service was uncomfortable with lack of inter-agency cooperation between it and the EFCC.

“There was a time the DSS advised Magu to stay action on an operation in the Southsouth, but the EFCC went ahead. It led to mutual suspicion.

“The closeness of Magu to the NSA, who had issues with DSS,  aggravated the proxy war, which resulted in two damning reports against Magu. The Acting EFCC chairman is a victim of power play  in the kitchen cabinet.”

Posted On Thursday, 16 March 2017 00:39 Written by

SPONSORED BY YES434.COM: A Federal High Court in Lagos has fixed March 23 to rule on the admissibility of a list of beneficiaries of funds in the ongoing trial of a Senior Advocate of Nigeria, Dele Belgore charged with money laundering. Belgore is charged alongside a former Minister of National Planning, Prof. Abubakar Sulaiman and a former Minister of Petroleum Resources, Diezani Allison-Madueke, who is said to be at large.

They were first arraigned in February but were subsequently re-arraigned on March 13, following the amendment of the charges to include the name of Allison-Madueke. They had pleaded not guilty to the charges and were allowed to continue on their earlier bail terms. At the last adjourned date, March 13, a first prosecution witness, Mr Timothy Olaobaju, was led in evidence by the prosecutor, Mr Rotimi Oyedepo.

He had told the court that Belgore and Sulaiman were among the beneficiaries of the sum of 115 million dollars deposited in the account of Allison-Madueke. The witness told the court that Belgore and Sulaiman jointly received N450million on March 27, 2015. When trial resumed on Tuesday, the prosecution sought to tender in evidence, a document containing a comprehensive list of beneficiaries of Diezani’s funds in the 36 states of the federation. This move by prosecution was however opposed by Sulaiman’s counsel, Mr Olatunji Ayanlaja (SAN), who argued that the document did not comply with the provisions of Section 84 of the Evidence Act. He urged the court to reject same. In response, the prosecution maintained that the document had substantially satisfied the conditions spelt out in Section 84 of the Evidence Act, and urged the court to admit it. After entertaining arguments from both parties, Justice Aikawa deferred his ruling till March 23.

Meanwhile, the defence counsel commenced cross-examination of the first prosecution witness. Under cross-examination by Belgore’s lawyer, Chief Ebun Shofunde (SAN), the witness said that the N450million received by Belgore and Sulaiman was brought in a bullion van from the CBN. On the denomination of the currencies, the witness replied, “I can’t remember vividly but I remember there were N1, 000 and N500 bills.’’ He said that the money was offloaded from the bullion van into the bank’s loading bay where it was manually counted.

When Shofunde suggested to him that it took two days to count the money, the witness disagreed, saying as a professional banker “I can count N1 billion in 20 minutes.” The witness said that although the bank was ready to deliver the money to Belgore and Sulaiman on March 26, 2015 when it arrived from the CBN, the process was delayed by failure of Sulaiman to release his Identification Card. He added that the transaction was captured on the CCTV camera mounted in the bank.

Shofunde said, “I suggest to you that none of the defendants collected one kobo out of the N450 million,” the witness answered, “that is not true”. Shofunde suggested to him that it was different individuals that came to the bank on March 27, 2015 to sign and collect portions of the N450million, the witness also retorted: “That is not true”. In the charge, Sulaiman, a professor of Political Science and International Relations at the University of Abuja, and Belgore, a former governorship aspirant in Kwara, were accused of conspiracy to commit the offence on March 27, 2015. They were accused of making cash transaction of N450 million on March 27, 2015 without going through any financial institution.

The EFCC claimed that the accused paid N50million to one Sheriff Shagaya. The EFCC said the cash sum was above the lawful threshold permitted by the Money Laundering (Prohibition) Act. The court will again resume proceedings on March 23.


Posted On Wednesday, 15 March 2017 02:38 Written by

SPONSORED BY YES434.COM: A personnel of the Nigerian Air Force has killed his girlfriend, who is also an Air Force personnel, in a fit of rage.

The Air Force man was identified as Kalu B.A. while the woman was identified as Oladipupo Solape.

The incident, which occurred at the Air Force Base in Makurdi, Benue State, is under investigation.

The PUNCH reports that the Public Relations Officer at the base, Wing Commander Emmanuel Iheoma, confirmed the incident, saying that it was under investigation and that more details would be provided in due course.

It was gathered that the killer airman has been arrested and his blood sample taken. He is in the custody of the Air Police in Makurdi.

Friends of the female Air Force woman, Oladipupo Solape, who is known as Shomzy Shomzy to her colleagues, have taken to the social media to express their shock over the incident and mourn her.

“R.I.P Shomzy Shomzy your death is some thing I can’t forget so easily because your military plans is still in your mind. Well I can’t continue crying my dear, all I have to do is to let go of what I can’t change,” one of her friends wrote on Facebook.

Sources said the incident occurred on Sunday morning after the jealous lover accused her of double dating.

The slain personnel reportedly hailed from Badagry and was murdered two weeks after celebrating her birthday.

Posted On Sunday, 12 March 2017 20:53 Written by

SPONSORED BY YES434.COM: FORMER Edo State governor, Adams Oshiomhole, has stated that the late former governor of Mid-West Region, Dr Samuel Ogbemudia, placed himself in the nation’s history long before his death with his deeds, pointing out that “Dr Ogbemudia immortalised himself.”

Governor Oshiomhole said beyond any honour anyone can do the late Dr Ogbemudia, the late Bendel State governor laid a solid foundation for tea development of the present Edo and Delta states and that generations to come will hear and read about him.

Comrade Oshiomhole stated this when he paid a condolence visit on the amply of the Ogbemudia at their Benin residence on Saturday.

Oshiomhole, who was joined by his former deputy, Hon Pius Odubu, and others, said he could not resist fraternising with Dr Ogbemudia despite their political differences because of his achievements and passion for development.

In his condolence, Oshiomhole says, “our great leader and father, we are sad that you have gone at this time. The truth is that your name lives in our hearts forever.

“You immortalised yourself through the solid foundation you laid for our great state. May your gentle soul rest in peace.”

He was received by eldest son of Dr Ogbemudia, Samuel Ogbemudia Jnr, and wife of the deceased, Mrs Clara Ogbemudia.

He said, “I have drawn heavily and shamelessly from his fountain of knowledge. It is not flattering to say that God sent Ogbemudia to lay a foundation for us.

“One will appreciate this by the time one realises that as are the time he laid this solid foundation, some of his counterparts felt they had no obligation to the people of their states as a military administrator.

“What Ogbemudia did flew from a genuine conviction that this part of the world deserved the very best.

“I’m sure therefore at this hour of grief that we must find sufficient consolation from the fact that our leader immortalised himself.

“Cross tribunal length and breadth of Edo and Delta states, you will find people pointing at roads done by Ogbemudia. Those yet unborn will hear and read about his story in the years ahead.

“I’m happy because he left without being a partisan politician. If what men do defines their places after departure, I have joined doubt that our father is resting in heaven.

“I pray to God for the children and family to find favour from the men and women theoretical father impacted in.”

 

Posted On Sunday, 12 March 2017 19:42 Written by

SPONSORED BY YES434.COM: FORMER Edo State governor, Adams Oshiomhole, has stated that the late former governor of Mid-West Region, Dr Samuel Ogbemudia, placed himself in the nation’s history long before his death with his deeds, pointing out that “Dr Ogbemudia immortalised himself.”

Governor Oshiomhole said beyond any honour anyone can do the late Dr Ogbemudia, the late Bendel State governor laid a solid foundation for tea development of the present Edo and Delta states and that generations to come will hear and read about him.

Comrade Oshiomhole stated this when he paid a condolence visit on the amply of the Ogbemudia at their Benin residence on Saturday.

Oshiomhole, who was joined by his former deputy, Hon Pius Odubu, and others, said he could not resist fraternising with Dr Ogbemudia despite their political differences because of his achievements and passion for development.

In his condolence, Oshiomhole says, “our great leader and father, we are sad that you have gone at this time. The truth is that your name lives in our hearts forever.

“You immortalised yourself through the solid foundation you laid for our great state. May your gentle soul rest in peace.”

He was received by eldest son of Dr Ogbemudia, Samuel Ogbemudia Jnr, and wife of the deceased, Mrs Clara Ogbemudia.

He said, “I have drawn heavily and shamelessly from his fountain of knowledge. It is not flattering to say that God sent Ogbemudia to lay a foundation for us.

“One will appreciate this by the time one realises that as are the time he laid this solid foundation, some of his counterparts felt they had no obligation to the people of their states as a military administrator.

“What Ogbemudia did flew from a genuine conviction that this part of the world deserved the very best.

“I’m sure therefore at this hour of grief that we must find sufficient consolation from the fact that our leader immortalised himself.

“Cross tribunal length and breadth of Edo and Delta states, you will find people pointing at roads done by Ogbemudia. Those yet unborn will hear and read about his story in the years ahead.

“I’m happy because he left without being a partisan politician. If what men do defines their places after departure, I have joined doubt that our father is resting in heaven.

“I pray to God for the children and family to find favour from the men and women theoretical father impacted in.”

 

Posted On Saturday, 11 March 2017 19:56 Written by

SPONSORED BY YES434.COM: Veteran Nollywood actor, Prince James Uche, who has been battling with Diabetes, Blindness, High Blood Pressure and kidney-related disease for about two years now is dead. The actor died yesterday afternoon while on his way to carry out his routine dialysis in a private hospital in Festac, Lagos.

The Chairman, Lagos State chapter of Actors Guild of Nigeria, AGN, Mr. Don Pedro Aganbi confirmed the sad news to Vanguard. Late Prince Uche. He said, the late Prince James Uche was due to travel to India this Saturday for a kidney transplant before he met his untimely death yesterday. “He sa gotten his visa to travel to India this Saturday. But only few days ago, he started having complication and had to give up this afternoon, while he was being taken to the hospital for his routine dialysis,” he said.

Aganbi described Prince Unche’s demise a rude shock to the industry, adding “we were all hoping that he would recover soon since he was due to travel to India for a kidney transplant.” The actor’s conditioned is said to have worsened last Sunday, as he has been unconscious since then. Footage emerged online of the actor in his unconscious state. Prince Uche who has been in the hospital for about a year and seven months reportedly required N2.6 million to pay his hospital bill and N11 million for kidney transplant and eye surgery in India.

It would be recalled that Governor Okezie Ikpeazu of Abia State through #SavePrinceJamesUche team led by Rita Edochie and Chioma Okoye the donated N3 million as well as approved N10 million as the state’s contribution to save the actor’s life last month. The tough-talking actor’s ordeal started way back in 2010, after he struck with a strange illness that did not only keep him off the screen for many years, but also impoverished him. A good friend of actor Pete Edochie, Prince Uche has featured in many movies like “Fair Game” “Stubborn Billionaires”, “Big Boys Club”, “Dangerous Mind”, “Dons In Abuja”, “Town In Danger” and “Rituals”among others.

 

Posted On Thursday, 09 March 2017 03:22 Written by

SPONSORED BY YES434.COM: THE Economic and Financial Crimes Commission (EFCC) on Tuesday told the Federal High Court sitting in Abuja that the monies recovered from the house of the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu were suspected to be proceeds of crime.

The anti-graft agency made the assertion in its counter affidavit, in response to a fundamental rights enforcement suit‎ filed by Yakubu before the court.

EFCC had, in a raid on Yakubu’s house, located at L92, Chikun Road, Sabon Tasha area, Kaduna-South local government area, Kaduna State, recovered the sum of $9,772,800 and another £74,000.

A Kano High Court had ordered the former NNPC GMD, who is presently in the custody of the anti-graft agency to forfeit the said money recovered from his house to the Federal Government.

In the enforcement of fundamental right suit marked FHC/ABJ/CS/126/2017 filed by Yakubu through his counsel, Ahmed Raji (SAN), the applicant wants the court to declare that he is entitled to the dignity of his person, personal liberty, freedom of movement, private and family life as enshrined in the Constitution.

The applicant joined the EFCC and the Attorney General of the Federation (AGF) as first and second respondents in the suit.

When the matter came up on Monday, counsel to the AGF, T.A Gazali prayed the court for a short adjournment to file his response.

In the suit, the applicant also wants the court to declare that his continued detention by the EFCC without charging him to court or allowing him to complete his medical procedure in the United Kingdom (UK) is a violation of his rights and an infringement of his rights to dignity of human person, personal liberty and freedom of movement.

He therefore prayed the court for an order enforcing his rights to personal liberty, dignity of human person, freedom of movement, private and family life by directing his immediate release from the EFCC custody or admitting him to bail on liberal terms and allowing him to proceed to the UK for a completion of the medical procedure which he was undergoing.

Yakubu is also praying for an order of perpetual injunction restraining the respondents from further detaining him unlawfully, whether for suspicion or on account of any purported investigation with respect to the allegation wherewith he was detained.

He also wants the court to compel the respondents to tender public apology to him in two widely published national daily newspapers for the violation of his rights.

In addition, the applicant prays the court to award the cost of N1 billion in his favour as general damages and compensation for violation‎ of his right.

However, in its opposition to the application, the EFCC‎ through a counter affidavit deposed to by one Waziri Adamu, averred that investigation into the allegations against the applicant is ongoing, and that the interim findings revealed that the monies found in his house are not gifts but are suspected to be proceeds of crime.

He also averred that the monies were purportedly given him as gifts within 2010-2014 during which period he served ‎as Group Managing Director of the NNPC.

In addition, he averred that the applicant, in 2015 completed an assets declaration form but did not declare the said monies.

The respondent submitted that the detention of the applicant is lawful by virtue of a valid remand warrant and further added that the applicant is trying to use the application as a disguise to frustrate investigation into his case.

The trial judge, Justice Ahmed Ramat Mohammed adjourned the matter till Thursday for hearing.

 

Posted On Wednesday, 08 March 2017 02:24 Written by

SPONSORED BY KODUGA.COM: All Progressives Congress (APC) stalwart Asiwaju Bola Ahmed Tinubu will never stand in any contest against President Muhammadu Buhari or support anyone against him, his Media Office said yesterday.

Tinubu pledged his continued loyalty to the president and the APC in a statement to debunk Thisday’s story published yesterday.
The statement titled: “Response to Thisday false news report” added that the former Lagos State governor was neither planning a team nor holding consultations with the intention of planning any presidential campaign.

It also said Tinubu would never join the Peoples Democratic Party (PDP) or any mega party, having laboured hard to bring the APC to life and power.
The statement said: “The front page story of the February 28 Thisday newspaper alleging that Asiwaju Bola Tinubu is actively planning a presidential run is an example of bad fiction masquerading as professional journalism.

“The story is a manufactured tale weaved by its authors to try to create division where there is none.
“Those who wrote this fantasy seek to place Asiwaju Tinubu at odds with President Buhari. Writing such a baseless report is a very foul and wrong thing to do.

“The story carried the headline ‘Tinubu Prepares for Presidential Run, Dumps PDP, Mega Party Alliance’. The headline is remarkable in the fact that every bit of it is utterly wrong.

“First, Asiwaju Tinubu is not gearing up for a presidential run. So there will not be any doubt about this core matter; we shall state Tinubu’s position clearly and unequivocally so that even Thisday reporters cannot misinterpret his position.
“As long as that patriotic and committed man named Muhammadu Buhari holds and seeks to hold the mantle as our president, then Asiwaju Tinubu stands behind him in unwavering support and confidence.

“Asiwaju Tinubu remains faithful to the mission of progressive reform and change that President Buhari, he and the All Progressives Congress (APC) have started.

“Tinubu was instrumental in the formation and success of the APC. His toil and efforts helped establish this government.  He is not one to tear down something he laboured so dutifully to build.

“Instead of trying to convey the truth, the THISDAY report opted to gain false sensation by completely mocking the tenor of the brief banter Asiwaju Tinubu had with journalists at the inauguration of Ondo State Governor Oluwarotimi Akeredolu. When asked about future political office, Asiwaju said he could not discount that possibility if the nation called upon him for such service, provided, he emphasised, that all political conditions were appropriate; particularly the office in question would have to be vacant, even if it’s local government chairmanship. In our political lexicon, this means the office is not held by a member of the APC in good standing.  We all know this.

“Moreover, if you really listen to his words, Asiwaju did not mention any office or any time-frame.  The conditions he mentioned may not become ripe for years to come and they might not pertain to the presidency. In effect, all Asiwaju said was the position that any political figure would hold.
“As a politician, he cannot preclude the possibility of running for office in the future because no man knows what the future will hold. To translate this general statement of political reality into a tale that he is actively preparing for a 2019 presidential run is reckless in the extreme.

“For that newspaper’s reporters to have engaged in this great leap of counterfeit logic means they purposefully bowed to the pressure to create false headlines instead of following the ethics of their craft to follow the truth even if the truth is more pedestrian and less volatile than what the reporters would have liked to hear. “They have turned themselves into newsmakers instead of remaining true to their calling of being neutral conveyors of events.
“Asiwaju Tinubu has not held any planning meetings for any such presidential campaign and is not contemplating any such meetings. He has no present list of possible running mates because he has no present intention of running.

“The headline also libels Asiwaju by asserting he was going to join the PDP.  This is as shameless as a lie can be. Asiwaju is acknowledged to be the intellectual father and the driving force behind the APC.

“It makes no sense that he would abandon the party that he worked hard to build in order to enter the dilapidated building the PDP has become. Asiwaju worked for over 16 years to break the PDP yoke on the nation.

“After breaking that yoke, it is not in his nature to voluntarily place it back on our necks. Anyone who has followed his career, even his staunchest critics, knows Asiwaju for his partisan consistency. He is not a party hopper. He is loyal and sticks with the party to which he belongs.

“After fighting for so many years to elevate his party to the position of national leadership, he would not give that away in order to join with those who blame him for their currently bleak political circumstance.

“We understand all too well the genesis of this false news report. For their own reasons, THISDAY has joined with those who seek to put Asiwaju Tinubu at odds with our President.

“This scam will fail. Asiwaju supports and stands behind   President Buhari. He wishes the president well and that he returns soon. Whether the president is here or away, he has the full loyalty of Asiwaju Tinubu.

“President Buhari can rest assured on this point: Asiwaju Tinubu will never contest against him nor will he support anyone who does.”

Posted On Wednesday, 01 March 2017 11:02 Written by

SPONSORED BY YES434.COM: ABUJA—Embattled former governor of Benue State, Mr Gabriel Suswam, spent his second day in the custody of the Department of State Services, DSS, Monday, as his bid to secure bail flopped, Vanguard learned. Former Benue State Governor, Gabriel Suswam, has been invited by the Department of State Services, DSS. Vanguard learned that there were frantic efforts early in the day by friends and associates of the former governor to secure his bail but the move reportedly hit a brick wall, leaving him at the mercy of his host, who believe strongly that he had a criminal case to respond.

It was learned that apart from the illegal possession of arms and ammunition, the security agency was also contemplating handing him over to the anti-corruption agencies to investigate and possibly prosecute for the vast property and valuables discovered with him. A source close to the DSS confirmed that the former governor was still being interrogated as at 9:30 last night and that there were  indications he would not be going home last night.

The DSS, on Sunday, alerted the nation of the arrest of Suswam following the discovery of what it called ‘incriminating items’ from two exotic cars belonging to the former governor which it also confiscated. The items found by the DSS were Glock  pistol with two magazines and a total of 29 rounds of ammunition; Mini-Uzi with two magazines containing 10 rounds and 4 rounds respectively; 42 extra rounds of ammunition contained in a pack;  and one AK-47. Other items recovered were 21 Certificates of Occupancy (C of O) and one Offer of Statutory Right of Occupancy; 23 Luxury designer watches;  and 45 keys to various exotic cars.

The DSS said:  “Following  this discovery, the Service launched further investigation which revealed that  the cars and the  recovered  items  belong to the former Governor of Benue State, Gabriel SUSWAN  who has already been invited by the  Service  and  presently helping in the investigation. “It is  in the light of this  latest development that the Service wishes to sound a note of warning to persons and groups that it will no  longer  tolerate  any  acts of lawlessness by those who ought to be law abiding and responsible citizens”.  


Posted On Tuesday, 28 February 2017 01:40 Written by
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