AMCON Seizes Jimoh Ibrahim’s Properties, Freezes Accounts Over N69.4bn Debt


The seizure of the assets is pursuant to an order by Justice R.M. Aikawa of a Federal High Court in Lagos.


The Asset Management Corporation of Nigeria has taken over 12 assets belonging to Chairman of Global Fleet Group, Jimoh Ibrahim, over N69.4bn debt.

The seizure of the assets is pursuant to an order by Justice R.M. Aikawa of a Federal High Court in Lagos.


Jimoh Ibrahim
All bank accounts, which had Ibrahim as a signatory, either alone or with any other person were also frozen.

Following the court order, the AMCON debt recovery team on Wednesday immediately swung into action and took over Ibrahim’s assets in both Abuja and Lagos.

AMCON’s spokesperson, Jude Nwauzor, in a statement on Wednesday, said the court order equally directed the agency to take over the businessman’s Nigeria Re-Insurance Company Plc, NICON Insurance Company Plc, Nigeria Stockbrokers Limited and NICON Trustees Limited.

The statement reads, “AMCON on Wednesday took effective possession of all 12 properties through its Debt Recovery Agent – Pinheiro Legal Partners, which include the following: the building of NICON Investment Limited at Plot 242, Muhammadu Buhari Way, Central Business District, Abuja; NICON Hotels Limited building at Plot 557, Port-Harcourt Crescent, off Gimbiya Street, Abuja, and the building of NICON Lekki Limited also at No. 5, Customs Street, Lagos.

“Others are – the building of Abuja International Hotels Limited located at No. 3, Hospital Road, Lagos; another Property at Plot 242, Muhammadu Buhari Way, Abuja; the former Allied Bank Building on Mile 2, Oshodi Expressway, Apapa Road, Lagos; Energy House located on No. 94, Awolowo Road, Ikoyi, Lagos; NICON Building at No. 40, Madeira Street, Maitama, Abuja; a Residential Apartment at Road 2, House A14, Victoria Garden City, Lagos; NICON Hotels Building at Plot 3, Road 3, Victoria Garden City, Lagos, and the NICON Luxury Hotel’s Building, Garki I, FCT, Abuja.

“In addition to the takeover of the listed properties, the court also ordered the freezing of all accounts belonging to Ibrahim and his companies including Global Fleet Oil and Gas Limited and NICON Investment Limited all of who are defendants in suit No. FHL/L/CL/776/2016 presided over by Justice Aikawa on Wednesday, November 4, 2020.”

#saharareporters

JOB VACANCY: Business Development Officers at Accelerex Network Limited - 6 Openings




Accelerex Network Limited was granted an Approval in Principle to roll out Agent Network management services in Nigeria by The Central Bank with the mission to deepen financial inclusion in Nigeria by providing innovative, simple and accessible financial service solutions to the underserved through a network of most efficient agents.

We are committed to providing financial service solutions that are innovative, simple and accessible to the financially under-served.

We are recruiting to fill the position below:

Job Title: Business Development Officer

Locations: Abuja (FCT) , Edo, Enugu, Kano, Lagos and Ogun
Employment Type: Full-time

Job Summary

Promote company’s product and service using different sales Strategies at different location to work towards business expansion and revenue goals, as well as being responsible for Agent training, training, branding, and management.
Requirements

2 years of experience in a Fintech (Agency banking/Mobile Money Operations)
B.Sc / HND in Relevant Discipline.
Excellent communication and negotiating skills.
Proficient in the use of Microsoft Office suites.
Must be resident in the location you are applying to.
Application Closing Date
27th November, 2020.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title / Location as the subject of the mail.

Note: “Accelerex Network Limited [Head Office at17a, Olorunnimbe Street, Off Ajao Road, Wemabod Estate, Ikeja, Lagos, Nigeria] will collect, obtain and stored your Curriculum Vitae/Resume and contact details. The information obtained will be processed in accordance with the highest privacy standard for Accelerex Network’s recruitment purposes only and will be stored in our recruitment database.We would like to keep this data until our open role is filled or any candidate accepts our job offer for the open role. By allowing us have access to your resume, you have consented to the processing of your information in line with Our Privacy Notice for Prospective Employees”

#jobs

Bandits Ambush Security Personnel In Kaduna, Kill Three, Injure Two
The security personnel were ambushed by the bandits on their way from Damba-Kasaya in the Buruku area of the state.


Three members of the Kaduna Vigilante Service were on Tuesday night killed during a clash with bandits in Chikun Local Government Area of the state.

The security personnel were ambushed by the bandits on their way from Damba-Kasaya in the Buruku area of the state.


File Photo
Two others were also injured in the attack.

The state Commissioner for Internal Security, Samuel Aruwan, disclosed this in a statement on Wednesday.

The statement reads, “The Kaduna State Vigilance Service has informed the Kaduna State Government that the service lost three personnel on Tuesday night in Chikun Local Government Area.

“According to the service, bandits ambushed the personnel at Dande Village on their way from Damba-Kasaya in the Buruku general area.

“The identities of the slain personnel are Alison Musa, Dauda Audu and Ishaya Sarki. Those injured are Ayuba Tanko and Doza Adamu.

“Governor Nasir Ahmad el-Rufai has sent condolences to their families and prayed for the repose of their souls, while wishing those that sustained injuries speedy recovery.

“The governor has also commended land and air troops of Operation Thunder Strike for a successful operation around the Kuku area at Kagarko Local Government Area axis of Kaduna-Abuja Road.

“The governor said he received with gratitude, information that the first air strikes hit some of the target structures and neutralized some of the bandits, while the second wave of attacks was executed by a Nigerian Air Force helicopter gunships which provided close air support to the troops on the ground as they advanced from Kagarko via Kuku into the bandits’ enclave.”

#saharareporters

Pfizer Reports 95 Per Cent Efficacy Of New COVID-19 Vaccine After Final Analysis, Declares It Safe For Use

The United States pharmaceutical giant and its German partner said phase three of the vaccine trial was now complete and shows that it is 95 per cent effective in preventing symptomatic COVID-19, which is five per cent up from the 90 per cent announced last week.

BY SAHARAREPORTERS, NEW YORKNOV 18, 2020
The new Coronavirus vaccine developed by Pfizer and BioNTech has reported 95 per cent of efficacy after final tests and would be submitted for approval to regulatory agencies within the next few days.

The United States pharmaceutical giant and its German partner said phase three of the vaccine trial was now complete and shows that it is 95 per cent effective in preventing symptomatic COVID-19, which is five per cent up from the 90 per cent announced last week.


Reuters
The trial state the company said recorded no serious side effects among the 41,135 adults, who received two doses. The most common reactions were that 3.7 per cent of participants experienced fatigue and two per cent had a headache.

Already, nations around the world are racing to lay their hands on the novel vaccine, which may remain unavailable to most countries due to availability and logistical challenges.

#saharareporters

Pastor Shepherd Busiri, Wife Accused Of Fraud In South Africa Turn Themselves In To Police In Malawi

His wife, Mary, also gave herself up for arrest and detention in Malawi's capital, Lilongwe, on Wednesday morning.

Shepherd Bushiri, a popular preacher, who jumped bail in South Africa and escaped in a private jet to his native Malawi, has turned himself in to the police.

His wife, Mary, also gave herself up for arrest and detention in Malawi's capital, Lilongwe, on Wednesday morning.


The controversial pastor has a large following across Africa and is considered one of the richest religious leaders on the continent.

Investigators in South Africa say the case involves $6.6m fraud.

Bushiri, who had previously declared that he wanted to clear his name of the allegations has now returned to his native Malawi with his family.

Earlier this month, he and his wife were released on bail after being charged with fraud and money laundering.

He said there had been attempts on his life and he accused the South African authorities of not offering protection.

Bushiri said his decision to skip bail as "a tactical withdrawal meant to preserve lives".

The cleric reportedly fled on Malawi's presidential jet with President Lazarus Chakwera sparking fears of a diplomatic row between the two countries.

The South African Government has said that it would work to extradite the duo back to the country to face justice.

#saharareporters

Nigerian Political Parties Ask President Buhari, Buratai, NBC Director-General To Resign Over Lekki Massacre.

The group urged the International Criminal Court to investigate, arrest and prosecute Buhari, Buratai, Idachaba and others for crimes against humanity.


The Conference of Nigeria Political Parties, the umbrella association of all registered political parties and political associations in the country, has called for the immediate resignation of President Muhammadu Buhari, Chief of Army Staff, Tukur Buratai, and Director-General of the Nigerian Broadcasting Commission, Prof Armstrong Idachaba, over their roles in the October 20, 2020 Lekki massacre.

The group urged the International Criminal Court to investigate, arrest and prosecute Buhari, Buratai, Idachaba and others for crimes against humanity.


President Buhari
AP
Chief Willy Ezugwu, Secretary-General of CNPP, disclosed this in a statement on Wednesday while reacting to CNN's investigative report that indicted the Nigerian Army in the Lekki massacre.

The statement reads, “Nigerian democracy is in danger as the voice of opposition is being silenced by the Federal Government of Nigeria, using all arms of government and instrumentalities of the office of the executive to shut the voices of oppressed citizens.

“It is now obvious that the President Muhammadu Buhari administration deliberately engaged the Director-General of the Nigerian Broadcasting Commission to intimidate, harass and stampede Nigerian broadcast media houses in a bid to cover up the Lekki massacre by slamming unjustifiable N3m fine on three television stations over reports on the killings.

“As if the killings by the Nigeria Police, through its Special Anti-Robbery Squad unit were not enough, President Muhammadu Buhari as the Commander-in-Chief of the Nigerian Armed Forces authorised the use of maximum force to disperse unarmed citizens protesting against bad leadership and extrajudicial killings in the country.

“It is a shame that Nigerian Government and Nigerian Army have no respect for our national flag and anthem.

“The outcome of the CNN investigation now raises strong doubts on the loyalty or allegiance of the Nigerian security agencies to the Nigerian nation.

“Sovereignty belongs to the people and if the people for whom Nigerian President holds power in trust are now murdered in cold blood by their employees paid through their taxes, there is danger ahead for our democracy.

“To save Nigerian democracy, and all democracies in Africa, the International Criminal Court of Justice must now unmask all the state and non-state actors involved in the killing of Nigerian patriots at Lekki Toll Gate in Lagos.

“The CNN was very conclusive when it noted on its website that ‘the Nigerian Army has called allegations that it fired into the crowd “fake news” and told a judicial panel of inquiry that it did not shoot at any civilian but a new CNN investigation can reveal this is not true’.

“In view of the new CNN’s insights into the Lekki massacre perpetrated by agents of the state on orders of the authorities of the Nigerian state, we demand the immediate resignation of their Commander-in-Chief, President Muhammadu Buhari, Chief of Army Staff, Lieutenant General Tukur Yusuf Buratai, and the Director-General of the NBC, Prof Armstrong Aduku Idachaba, for their anti-people roles in the killings and the attempts to cover up the massacre of unarmed Nigerian people at Lekki Toll Gate in Lagos on October 2020.

“If the Manuel Merino, President of Peru, resigned following the death of two protesters, it is time for President Buhari to resign if he still has any integrity left.”

#saharareporters

Defection: Ebonyi Senators, Reps Disown Umahi

National Assembly members from Ebonyi State, on Wednesday, disowned Governor, David Umahi, who has defected from the Peoples Democratic Party to the All Progressives Congress.

The leader of the Ebonyi State PDP caucus in the national parliament, Senator Sam Egwu, who read the position of his colleagues at a press conference in Abuja, said none of the lawmakers would defect with Umahi.

They described as unacceptable and selfish, the reasons given by Umahi for his action.

The briefing was attended by all the Ebonyi State federal legislators including, Senator Obinna Ogba

Senator Mike Ama Nnachi, Sylvester Ogbaga, Igariwey Iduma Enwo, Chukwuma Nwazunku, Edwin Anayo and Livinus Makwe

The Senate Minority Leader Senator Enyinnaya Abaribe was also at the event to show solidarity.

Egwu faulted Umahi for accusing the PDP leadership of being unfair to the South-East geopolitical zone.

He also accused the government of being an ingrate, claiming that the man had benefitted immensely from the PDP.

Egwu said, “For the sake of clarity, we wish to state that not a single member of the Ebonyi State PDP caucus of the National Assembly is defecting to the APC.

“The three distinguished senators and five House of Representatives members remain proud card-carrying members of the Peoples Democratic Party, the platform under which we contested and won elections in 2019.

“The major reason given by Umahi for defecting from the PDP to the APC is now in the public domain which is that the PDP has not been fair to the People of the South-East on the issue of zoning the Presidency and vice presidency.

“While we support that it is the turn of the South-East to fly the Presidential flag of any of the major political parties come 2023, yet we consider it impolitic, indecent, and unwise to give ultimatums and conditionalities in a bid to secure zoning.

“Indeed, if there is any Ebonyi person who should remain eternally grateful to the PDP, that individual ought to be Governor David Umahi.

“This is a man who was appointed the Ebonyi State Chairman of the PDP, made deputy governor of a PDP administration, and was elected for two terms under the banner of the PDP.

“As Governor, his two younger brothers were elected to principal offices of the PDP; one (Mr Austine Umahi) as the National Vice Chairman (South East) and another (Mr. Maxwell Umahi) as the Deputy State Chairman of the PDP.

“As democrats, we concede Chief Umahi’s right to join any political association of his choice.

“However, as federal lawmakers, we are not unaware of the Supreme Court decision that candidates are products of political parties.

“What it means is that political office holders are not at liberty to migrate from one political platform to another, particularly when there is no division in their party.

“We wish to use this opportunity to thank the leadership of our great party, the PDP for their prompt action in dissolving the ward, local government, state and Zonal structures of the party in Ebonyi State, and their announcement of a state caretaker team.

“We also wish to thank teeming members and supporters in our various constituencies who have remained undaunted and committed to their membership of the PDP.

“We also wish to thank the South-East caucus, and indeed the entire PDP family of the National Assembly,” he added.

#punchng

Doris Akonanya Dances To Davido's Song

Amputee Nollywood actress, Doris Akonanya, With one leg proves to be Davidos fan by dancing to his song

The lady despite her current situation proves the be OBOs number 1 fan

Watch video

The Resolutions and Outcomes from the 21st SEREDEC BOD Meeting.

1. Prof. Bart Nnaji, endorsed to head as SEREDEC Chairman for another 4-year term

2. Dr. Regina Amadi-Njoku has been elected as SEREDEC Executive Director

3. The 5th South East Economic Summit (SEES 5) will hold on the 17th of December, 2020; virtually.

4. SEREDEC's pipeline of projects that have been strategically selected, are being developed to stimulate and support economic development in the region.

5. SEREDEC to undergo Institutional Review; which includes Membership Review and a Sustainability Plan as part of its focus

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Material Things Are Becoming Useless- Davido 

Popstar, Davido, known to flaunt his wealth and jewellery on social media has stated that material things are becoming useless to him. 

The Fem singer who was featured on Apple Music Radio’s Africa Now with DJ Cuppy said that what matters to him the most is the air he breathes. 

The multiple award-winning artiste revealed that ever since the death of his friend, Zimbabwe socialite, Ginimbi, he realized that material things are inconsequential. 

“I feel like material things are just becoming useless to me every day. I just lost a friend he is from Zimbabwe, he was my very close friend. He was an amazing and a very great and loving guy, Ginimbi. What did he not have? He had it all. At the end of the day what his death made me realize is that all we have in this life is the air we breathe. You might be poor or rich but whatever situation you find yourself just be happy that you are alive,” he said.

The Best singer further said that his fame affords his daughter get preferential treatment in school. 

“When my daughter Imade goes to school, she tells everybody, ‘my daddy is Davido’. She even gets special treatments in school just because she is my daughter. Their mothers play my videos to my daughters so they know that their father is somebody. Every time Imade is in the car with me and people start to chase my car, she always gets scared. She always asks me why people are scared of me but I explain to her that they love me,” Davido said.

#davido #punchng