February 1, 2020

Buhari Govt Denies Plans To Borrow ₦2trillion

February 1, 2020 4:57 am

Zainab Ahmed, Minister of Finance, Budget and National Planning, on Friday stated that the Federal Government was not planning to borrow ₦2trillion pension funds for infrastructure development.

Ahmed, at the Udo Udoma & Belo-Osagie (UUBO) second private equity summit in Lagos, explained that the National Economic Council (NEC) only set up a committee to encourage pension fund managers to invest in infrastructure development.

“Its not true that government is borrowing the pension fund”, NAN quoted her as saying.

Read Also: Imo: I’m Hopeful S’Court Won’t Overturn Itself – Uzodinma

“What we agreed is to design a product that pension fund

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Malami Set To Lose SAN Title, As Lawyers Move Against AGF

Saraki, Goje Under Probe – Malami

February 1, 2020 4:56 am

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has said the prosecution of former Senate President, Bukola Saraki, for allegedly forging the rules to conduct the election of principal officers of the Senate, was still ongoing.

Malami said this in a statement issued on Friday in Abuja by Umar Gwandu, Special Assistant on Media and Public Relations Office of the Attorney-General of the Federation and Minister of Justice.

He said that for securing conviction on any crime, investigation must be done to establish the essential ingredients of the offence.

“It is a fundamental principle of criminal

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Biafra Security Service Back In Full Force – Nnamdi Kanu

February 1, 2020 2:42 am

Nnamdi Kanu, the leader of the Indigenous People of Biafra, IPOB, has revealed that the Biafra Security Service (BSS) is secretly being reestablished for better performance.

The IPOB leader stated this in a live broadcast from the Biafra radio on Friday.

According to Kanu, the security outfit would return in full force soon.

Read Also: Imo: I’m Hopeful S’Court Won’t Overturn Itself – Uzodinma

Kanu went on to allege that the South East governors conspired to rest the BSS, vowing that the outfit would bounce back in full force.

Recall that the Governor David Umahi, who is the Chairman

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Not Taking Your Powers – Malami To ICPC, Over Abacha Loot

February 1, 2020 2:38 am

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN has assured all agencies involved in the recovery of Nigeria’s looted funds that the essence of regulation put in place was not to take away their statutory powers.

Justice, Abubakar Malam made the clarification as Nigeria and the Island of Jersey prepare to sign an agreement with the United States Government for the repatriation of 321 million dollars looted by former Head of State, late Gen. Sani Abacha.

A statement by his spokesman, Umar Gwandu, said Malami made the explanation on Thursday at the head of agencies sensitization on

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‘Mbaka Not Prophet Of God, Amotekun Will Turn Terrorist’

February 1, 2020 2:37 am

Primate Elijah Ayodele, the founder of INRI Evangelical Spiritual Church, Lagos, has attacked the Spiritual leader of the Adoration Minister, Enugu, Father Ejike Mbaka, saying the fiery preacher is not a prophet of God.

Ayodele, a newly appointed United Nations Peace Ambassador, also told the Sun that the newly established security outfit in the South West, Amotekun, will fail.

DAILY POST reported that Mbaka had prophesied that the governorship candidate of the APC, Senator Hope Uzodinma, will take over from Emeka Ihedioha of the Peoples Democratic Party, PDP, as Imo Governor in 2020.

Mbaka’s prophecy was said to have

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