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EFCC Arraigns NAMA MD, four others for alleged N6.9bn fraud

This is an EFCC press statement

The Economic and Financial Crimes Commission today, April 7, 2016 arraigned five staff of Nigerian Airspace Management Agency (NAMA) before Justice Kuewumi Babs of the Federal High Court Lagos on 21- count charge of conspiracy, forgery and money laundering.

The accused persons are Ibrahim Abdulsalam, managing director of the agency; Nnamdi Udoh, former managing director (still at large),Adegorite Olumuyiwa, general manager, procurement;
Agbolade Segun, general manager, finance; Clara Aliche, director finance; Joy Ayodele Adegorite, Randville Investment Limited and Multeng Travels and Tours Limited. The accused persons are alleged to have conspired and stole the sum of N6, 922,676,815 (Six Billion, Nine Hundred and Twenty Two Million, Six Hundred and Seventy Six Thousand, Eight Hundred and Fifteen Naira ) from NAMA. Troubles began for the accused persons after the Commission received a petition accusing some management staff of NAMA of engaging in acts of grand corruption.

A team of Operatives were assigned to investigate the matter where it was discovered that the accused persons allegedly stole the said monies through fictitious procurement contracts, fictitious container clearing and fraudulent cash advances. One of the charge reads that: "you, Ibrahim Abdulsalam, Nnamdi Udoh (still at large) Adegorite Olumuyiwa, Agbolade Segun, Clara Aliche, Joy Ayodele Adegorite, Randville Investment Limited and Multeng Travels and Tours Limited, on or about the 19th day of August, 2013 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud conspired amongst yourselves to induce the Nigerian Airspace Management Agency (NAMA) to deliver the sum of N2,847,523,975.00 (Two Billion, Eight Hundred and Forty Seven Million, Five Hundred and Twenty Three Thousand, Nine Hundred and Seventy Five Naira) to Delosa Limited, Air Sea Delivery Limited and Sea Schedules Systems Limited under the pretense that the said sum represented the cost of clearing consignments belonging to the said Agency and you thereby committed an offence contrary to section 8 (a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under section 1 (3) of the same Act”.

When the charge was read to them, the accused persons pleaded not guilty. In view of their plea, prosecuting counsel, Rotimi Oyedepo, asked the court for a trial date and to remand the accused persons in prison custody. However counsel for the first accused person O. Oshoogun pleaded with the court to remand his client in the EFCC custody pending the hearing of his bail application.

All other defence counsel aligned themselves with Oshoogun in urging the court to remand their clients in the custody of the Commission. In his response, Oyedepo told the court that the proper place to remand accused persons was prison custody. He further added that the detention facility of the Commission was overstretched. Justice Babs upheld the submission of the prosecution and ordered that the accused persons be remanded in prison custody while adjourning the matter to April 12, 2016 for hearing of bail applications.

Wilson Uwujaren
Head, Media & Publicity 7th April, 2016

Beyonce stuns on the cover of ELLE Canada

Queen Bey looked stunning on the cover of Elle Canada's May issue as the mag celebrated its 15th anniversary. More photos after the cut...

Vice President Yemi Osinbajo unveils President Buhari's strategic implementation plan for the 2016 budget

Below is President Muhammadu Buhari's strategic implementation plan for the 2016 budget:
 
We acknowledge the pains you face and are concerned about them.
There are a multitude of things that require decisive action. We are taking action and in due course they will produce satisfying outcomes. Our determination is firm and unrelenting.
Consequently, I am pleased to share President Muhammadu Buhari's strategic implementation plan for the 2016 budget.

This Strategic Implementation Plan articulates 6 thematic Strategies and 33 priority actions which will constitute the short-term priority of the Federal Government over the next 12 months. 
1. Lasting Changes in the Policies, National Security and Governance.

● Achieve an Appropriate Foreign Exchange Regime

● Increase low interest lending to the Real Sector. We will need to move toward a single digit interest rate.

● Maintain Capital Spending in the Budget at a minimum of 30%. Complement this with funds from the Infrastructure Fund for commercial projects

● Intensify the Implementation of Public Financial Management Reforms to Grow Revenues and Cut Costs.

● Maintain Sustainable Debt Management Strategy.

● Introduce Fiscal Incentives to Improve Collections

● Intensify the Fight Against Corruption by increasing Transparency, Accountability and Compliance with Law and Order

● Intensify Public Procurement Reforms in Projects to obtain Value for Money and cut costs.

● Sustain the Fight Against Insurgency, Kidnapping and Other Violent Crimes, Terrorism, Cyber-Crimes, Piracy, Oil Theft and Illegal Mining Activities.

Intensify the reorientation of the populace through Integrity Campaigns
2. Diversify the Economy by Fast-tracking Industrialization, Agriculture and Agro-Allied Processing, as well as attracting investment into the Solid Minerals, Tourism and Entertainment Sectors

● Implement Measures to Achieve Self-Sufficiency & Become Net Exporters of certain agricultural Items:

Rice-2018,

Tomato Paste-2016,

Wheat-2019.

Increase local production of maize, soya, poultry & livestock, so as to achieve self-sufficiency: deadlines to be announced in due course.

● Revitalize and Expand Agro-Allied Processing to intensify local production and processing of cassava, cocoa, cashew, fruits and sesame seed

● Utilize 5,000 hectares of Irrigable Land in the 12 River Basin Development Authorities and utilize 22 Dams for Commercial Farming activities by prospective investors

● Develop Dadinkowa, Gurara and Oyan dams with 82.5 MW capacity contribution to the National Grid.

● Adopt and Implement a Roadmap to Stimulate Investment into the Solid Minerals sector, and plug Revenue Leakages in the Sector

● Implement the National Industrial Revolution Plan and Launch the ‘Made in Nigeria’ Campaign

● Increase Manufacturing Capacity through the operationalization of Industrial Parks, Free and Export Processing Zones, etc.

● Enhance support facilities to provide increased financial, technical assistance, networking and information to new investors and existing enterprises.

● Implement the Roadmap to Increase Private Sector Investment in Culture, Tourism, Entertainment and Sports

● Create high-technology innovation hubs to support growth in the Digital and Technology Sectors

3. Priortize critical Infrastructure, focused on increasing investment in Power, Rail and Roads, etc.

● Optimize the 7,000MW installed capacity and ensure associated infrastructure to Fuel, Transmit and Distribute this capacity.

● Ensure Tariff includes all costs of Transmission, Generation and Gas at new price, and Distribution Company costs required to operate, maintain and upgrade distribution networks.

● Resolve all Issues on Gas Pricing, Tariffs and Payment Assurance. Conclude Roadmap on Gas Development.

● Complete the Kaduna-Abuja and Ajaokuta-Warri Rail Lines scheduled for 2016; commence the construction of the Lagos-Kano standard gauge Line; and finalize negotiations for the Calabar-Lagos Rail Project.

● Undertake the rehabilitation and construction of 31 major Road Projects scheduled for 2016 to restore degraded sections of the Federal Highways network and to Establish Connectivity over a distance of 2,193km (through public works projects, maintenance works, PPP and other interventions)

● Complete the Rehabilitation of 4 Airports (i.e. Abuja, Kano, Lagos and Port Harcourt..

4. Oil and Gas Reforms

● Adopt & Execute a Comprehensive National Oil & Gas Master-Plan (‘NOGM’) as the roadmap for the Petroleum Industry’s Development, Diversification, Privatization & Governance. Adopt & Execute a Roadmap of Gas Development & Flare Elimination

● Set a deadline to be Self-Sufficient in Refined Petroleum Products & become a Net Exporter

● Work with the National Assembly on the passage of a Revised Petroleum Industry Bill (‘PIB’) or Bills to give effect to the NOGM & to resolve Fiscal & Governance Issues of the Sector, & Eliminate Gas Flaring.

● Conclude negotiations to deal with all funding gap issues in the Upstream Sector

5. Ease of Doing Business

● Move 20 places up global Ease of Doing Business Rankings, by implementing fast track measures for business approvals, acquisition of land titles, etc. (Nigeria is currently ranked 169 out of 189 countries by the World Bank – 2015 Survey)

● Fast-track visa application and issuance processes

6. Social Investment 

● Implement Social Intervention Programme and specific Health / Education projects included in 2016 Budget

● Health Sector Interventions including Flagging off the Revitalization of 1 Primary Health Centre per Ward (a total of 10,000 nationwide)

The Social Investment plans include the following:

● Train and deploy 500,000 unemployed graduates as volunteer teachers who would be paid on the job while they seek jobs in their chosen careers.

● Homegrown School Feeding for primary school pupils across the country paid for by the government

● Micro-credit scheme that provides very soft loans to a million market women, artisans, traders

● Creating innovation and technology hubs/ parks on a large scale and skills acquisition & vocational training for over 300,000 non-graduate youths

● Conditional Cash Transfer where one million poor and vulnerable Nigerians would receive N5000 monthly

● Bursary awards for tertiary education students of Science, Technology, Engineering & Maths, STEM.

President Muhammadu Buhari's administration remains committed to economic diversification through import substitution and export promotion.
In addition to this, we will continue to engage the Nigerian people. We will resume Town-hall meetings to explain the progress and address the challenges.
Together, Nigeria will prevail"

Woman haunted by abortion after she breaks up with her boyfriend does the unthinkable

21-year-old single mother of one, Jane Rees, had a history of depression and eating disorders. In 2013, she had a son with her then boyfriend but they split while she was only four months pregnant. Fast-forward to 2015, she got in another relationship with another guy and got pregnant again. When she was 5 months pregnant, she split from the new boyfriend and because she didn't want to raise another child alone, she terminated it.

Few weeks after the abortion, Jade overdosed twice on medication, she was hospitalized and advised to seek psychiatric help..

The trainee psychiatrist who spoke with Jade, Dr. Easodhavidhya Elangomo, described Jade as a preoccupied and impatient young woman who clearly loved her son very much.

“She told me about the abortion she had just weeks earlier, and how the split from her ex-partner had been very distressing for her. She told me she believed he had a new girlfriend and was struggling to come to terms with it,” said Dr. Elangomo.
“She denied having any past medical history or any form of psychotic illness. When I asked her about this, she said “For God’s sake, I have a son to look after.”

Concerned about the overdoses and Jade’s tendency towards impulsive behavior, the psychiatrist asked Jade to continue with help from mental health specialists. Jade promised to do so.

On November 2nd, which was 3 weeks after the abortion, Jade told her parents she was going to party with friends and left. According to her parents, when she returned home, she was clearly upset.

That night, while listening to the Ed Sheeran song “Small Bump” which is a first person account of a miscarriage.

She left a handwritten suicide note to her parents and her son where she talked about how she had struggled over the past few weeks, how her decision had left her “upset and depressed,” and how her son, meant everything to her.



Source: Manchester Evening News

Nicki Minaj shows underboob at the premiere of Barber Shop movie

Nicki Minaj who was misunderstood at her interview with Ellen on the Ellen DeGeneres show on Wednesday when she said she was single and not engaged showed her under-boob at the premiere of BarberShop, The Next Cut. More photos after the cut...

Photos: Gov Ambode at the 1st National Forum on the Economy organized by Vintage Press Limited

Lagos State Governor, Mr. Akinwunmi Ambode, his mo State counterpart, Owelle Rochas Okorocha, Vice President, Prof. Yemi Osinbajo, ChairmanVintage Press Limited (Publishers of The Nation Newspaper), Mr. Wale Edun, Deputy Governor of Oyo State, Otunba Moses Alake Adeyemo, Representative of Ogun State Governor & Commissioner for Commerce & Industry, Otunba Bimbola Ashiru and Consulate General of Italy in Lagos, Mr. Andrea Pompermaier during the 1^st National Forum on the Economy with the theme -National Economy, the Way Forward organized by Vintage Press Limited, at the Lagos Airport Hotel, Ikeja, on Thursday, April 07, 2016. More photos after the cut...