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HOW GOVERNOR ROCHAS OKOROCHA LOOTED 16 BILLION NAIRA IMO 13 PERCENT OIL DERIVATION FUNDS IN 3 YEARS

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Some months ago, I made a telling revelation that the sum of 1 billion naira belonging to pensioners in the 27 LGA of Imo State was “squandered” by Sir Jude Ejiogu the current Chief of Staff to the Governor of Imo State. Ejiogu squandered this money when he was the Chairman of Imo State Local …Government Service Commission. I lamented the “squandering of the significant sum of 1 billion naira and another 3 billion naira looted by the Speaker of the Imo State House of Assembly Mr Benjamin Uwajumogu. I cried out because most Imolites but especially the poor, continue to suffer the effect of failing public health and education system as well as decrepit infrastructure and battered institutions. I highlighted what I see as the dawn of naked impunity in Imo State.

 

Uwajumogu, Ejiogu and their megaphones have called me all sorts of names. I have been threatened, i have been harassed and i have been closely monitored. They want to shut me up by all means. But as a citizen of Imo State, I am not intimidated. I will continue to speak out. One of the fundamental elements of democracy is the right to free speech without having others trample on your opinion. The capitalist thieving vampires currently in power in Imo state are looting our monies and yet they want us to shut up. They also want us to vote them again in 2015 for another round of impunity.

 

I am not accusing these men falsely as they are claiming. I speak the truth about their fraudulent activities with anger. You will recall that in May, 2011, Owelle Rochas Okorocha took power from Ikedi Ohakim as Governor of Imo State. There was high hope by the masses that Okorocha’s rule will bring an end to mass poverty, worsening living conditions, mass unemployment, suppression of democratic rights, massive corruption, and insecurity of lives and property. But more than 3 years after, the high expectations of Imolites for real positive change in their lives have been shattered. Not only has there been no substantial improvement in the lives of the Imo working masses, in some respect the situation has become worse. Thousands of Ndi-Imo still live without access to good food, housing, good roads, water, electricity and healthcare while Okorocha and his men are looting our monies.

 

The anti-poor policies of sales of Imo public assets, commercialization of health, housing and other social services, and sack of workers in Imo State have made more and more Imolites poorer and the rich minority richer. Corruption among the elite has not only remained, it has become more sophisticated.
Imo State has become one of the most unequal societies in the world, with the richest 20% of Imolites getting 55.7% of the state’s total income while the poorest 20% are left to struggle for just 4.4%. Currently Imo faces gargantuan problems in all areas of socio-economic and political endeavours. The State has further nosedived under the Owelle Rochas Okorocha’s government, lower than any other time since 1999. In every area you look at the only conclusion you will come to is that the Okorocha’s government has failed Imo people resoundingly.

 

Mind you, when i say Okorocha has failed Imo , it is not an isolated opinion. Indeed this is the opinion of the mass majority of Imolites. According to a FAMOUS NAIJA opinion poll conducted in August 2013 , 81% of Nigerians assessed Okorocha’s performance in Imo as very bad; but only 19% assessed his performance as very well and fairly well. In March 2014 another FAMOUS NAIJA opinion poll was conducted and 85% of Nigerians think the present Owelle Rocha’s government has performed very badly in improving the living standard of the poor while only 15% think he is doing very well in improving the living standard of the poor.

 

The most serious aspect of Imo’s problems is the poor and hopeless condition of the youths. Today unemployment has become a permanent feature of the life of Imo youth. Governor Okorocha has failed to offer Imo youths a real future. He sacked 10,000 Imolites from the civil service in year 2011.The 10,000 sacked youths are suffering today.

 

I cannot keep quite and watch Okorocha and his men loot Imo dry.Last week, I was in Bonny Island in Rivers State of Nigeria . I arrived the Island in the morning by boat and was amazed to see that the Island has electricity as the eyes could see . I turned to Mrs Hart who came to welcome me and I inquired about the reliability of electricity in the Island. “It’s steady,” She said. “How often do you see power outages?” I asked. She said “we have light here 247.If they take it,it comes back in 15 minutes time. In fact, I can’t remember the last time we witness power outage here in Bonny. It is pay as you go. You recharge your card and your light is on” I could hardly mask my bewilderment and sense of humiliation!I felt humiliated because I am from an oil producing kingdom like Bonny called Egbema in Imo State. By contrast, the people of Egbema’s narrative in terms of electricity is awful .

 

Power supply is non-existent in the 13 Egbema towns. Since Governor Rochas Okorocha came into power in 2011, the people of Egbema have not seen electricity. Yet on monthly basis 13 percent oil derivation fund is paid to Imo State for the development of the oil producing areas in Imo. Out of this 13 percent oil derivation found 40 percent is meant for ISOPADEC, the commission set up to develop Imo oil areas. Where are the monies? From may 2011 to December 2013 Imo state received N16,613,768,782.98 (sixteen billion, six hundred and thirteen million seven hundred and sixty eight thousand seven hundred and eighty naira ninety eight kobo) as 13 percent oil derivation funds for development of the oil communities in Imo State. Find below the monthly breakdown.

 

May 2011 N278,919,682.00
June 2011
N491,415,545.00
July 2011
N607,508,024.40
August 2011
N691479700.1
September 2011
N650318411.4
October 2011
N742,626,299.53
November 2011
N506556992.7
December 2011
N513122495.7
January 2012
N624755732.8
February 2012
N430283610
March 2012
N495,802,869
April 2012
N530,948,180.82
May 2012
N414,451,615.90
June 2012
N557,851,267.36
July 2012
N441286601.6
August 2012
N563593288.1
September 2012
N436,366,936.76
October 2012
N507,915,584.96
November 2012
N453147887.2
December 2012
N433,746,138.22
January 2013
N548,284,488.83
Febuary 2013
N433,812,735.87
March 2013
N548908424.6
April 2013
N702685396.7
May 2013
N536243879.4
June 2013
N533,171,999.86
July 2013
N465,435,601.16
August 2013
N464,118,297.86
September 2013
N596,526,274.32
October 2013
N702681346.1
November 2013
N439,814,732.12
December 2013
N548,908,424.70

Where are the monies? The monies have developed wings. It is so sad to note that leaders from Ohaji/Egbema/Oguta where Imo oil money comes from are not speaking about the comatose ISOPADEC. Schools, water, road and hospital rehabilitation in Ohaji/Egbema/Oguta which form part of the duties of ISOPADEC remain in their same dilapiladated state and the political class from the oil area are not speaking about the development. Next week I will give you figures of LGA funds looted in Imo state.
Do we allow just one person in the capacity of governor Rochas Okorocha to continue to make our mothers and grandparents suffer helplessly in the villages? Do we continue to allow the governor of Imo State to deprive local governments of the funds needed to build schools, roads, motor parks, markets etc.? Do we continue to herald him with the title “His Excellency” when he has made us beggars and impoverished us in a perpetual state of squalor?

 

Do we continue to clap for Owelle Rochas Okorocha at the commissioning of petty projects, which is far below the commensurate allocation given to him? Let’s ask questions now ,otherwise we shall continue to cry aloof with no one to beckon on us. We shall bear the pains of our parents been rejected in the hospitals for our inability to pay their medical bills, our siblings shall continue to be denied admission because of free education on paper while schools are denied developmental funds. We shall be tempted to become kidnappers and arm robbers at our own peril. Let us stop placing ourselves in subservient position, thereby helping an uncaring governor to achieve his deadly political ambitions at the expense of the state. Wisdom is profitable, how long shall we continue to be fooled?

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Yahaya Bello paid $845,852 in advance for his children’s school fees – Witness

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An official from the American International School, Abuja, on Wednesday testified in the Federal High Court in a case of money laundering involving former Kogi State Governor Yahaya Bello.

 

The official revealed that the former governor paid a total of $1,606,763.68 in school fees for his children.

 

Nicholas Ojehomon, an auditor at the school, gave this testimony during the ongoing trial, where he appeared as a prosecution witness for the Economic and Financial Crimes Commission (EFCC). Ojehomon confirmed that the payments covered Bello’s children’s tuition fees up until their graduation, with part of the amount paid upfront for future school fees.

 

Bello is facing a fraud charge amounting to N80.2 billion filed by the EFCC. During the trial, the prosecution presented financial records, including detailed statements from the school, showing payments made on behalf of Bello’s children.

 

In earlier testimony, Williams Abimbola, a compliance officer at United Bank for Africa (UBA), had submitted documents showing transactions related to the school fees. The EFCC had previously alleged that just before leaving office, Bello paid $760,000 as an advance for his children’s school fees, which was later refunded following an investigation.

 

On Thursday, Ojehomon testified that Bello’s brother, Ali Bello, facilitated the school fee payments. He explained, “Mr. Ali Bello contacted the American International School, Abuja, on Friday, August 13, to arrange payment for the school fees of the Bello children until they graduate. The school management accepted the payment.”

 

 

Ojehomon confirmed that the payments were made for four of Bello’s children, enrolled in Grades 8, 6, 4, and 2, and also included fees for future children who were expected to start in August 2022, assuming space was available.

 

The amounts paid for each child included: $90,074 for the child in Grade 8, $87,470 for the child in Grade 6, $26,241 for the child in Grade 4, and $18,707 for the child in Grade 2.

 

The witness also identified a contractual agreement between the school and Ali Bello, detailing the prepayment arrangement.

 

 

EFCC counsel Kemi Pinheiro (SAN) presented the school’s admission and prepaid tuition documents as evidence. Ojehomon further testified that a refund of $760,910.84 was made to the EFCC, confirming that the refund was transferred to an account at the Central Bank of Nigeria.

 

The court also heard from Williams, the UBA witness, who submitted additional financial documents related to accounts managed under Bello’s administration. She testified that multiple withdrawals were made through cheques from the Kogi State Government House account, often broken into tranches of N10 million, with funds primarily issued to two individuals, Abdulsalam Hudu and Aminu J.O.

 

Williams confirmed that, on December 12, 2018, ten transactions of N10 million each were processed in favor of Abdulsalam Hudu. Key signatories to the account were also named, including Christopher Enefola (Permanent Secretary), Onekutu Daniel (Chief Accountant), and Abdulsalam Hudu (Accountant).

 

 

However, under cross-examination, Williams admitted that Yahaya Bello’s name did not appear in any of the transactions related to the Kogi Government House account. Defense counsel, Daudu, noted that Bello’s name was absent from the documents presented, to which Williams confirmed it was not listed. She further clarified that she was not the account officer in charge of the Kogi Government House account, which was managed from Lokoja, Kogi State, rather than her branch in Area 3, Abuja.

 

Justice Emeka Nwite adjourned the trial to Friday, March 6, for further proceedings.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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VICE PRESIDENT SHETTIMA TO ATTEND NACC 65TH ANNIVERSARY GALA IN LAGOS

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The Nigerian-American Chamber of Commerce (NACC) is set to celebrate its 65th anniversary with a grand gala dinner, featuring His Excellency, Vice President of Nigeria, Alhaji Kashim Shettima, as the Special Guest of Honour.

 

The prestigious event will take place on April 12, 2025, at Lagos Continental Hotel, Victoria Island, Lagos, with the red carpet reception commencing at 5:00 PM.

 

The highlight of the evening will be the inauguration of Alhaji Sheriff Balogun as the 20th President of NACC.

 

Alhaji Balogun will also unveil his leadership team, while outlining strategic initiatives to strengthen bilateral trade relations between Nigeria and the United States.

 

As part of the evening’s programme, 40 new members will be inducted into the chamber, and the NACC multi-storey building project will be officially launched.

 

The gala will also honour outstanding Nigerian and American companies and distinguished individuals, including past presidents of the chamber, for their contributions to economic growth and trade relations.

 

The President of Africa Finance Corporation (AFC), Mr. Samaila Zubairu, will chair the event.

 

Dignitaries confirmed to attend include Governor Uba Sani of Kaduna State, Governor Dauda Lawal of Zamfara State, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, Founder and Chairman of Elizade Group, Chief Michael Ade-Ojo and Chairman of Odu’a Group, Otunba Bimbo Ashiru.

 

Others are Founder of Afe Babalola University, Aare Afe Babalola, Chairperson of Brittania-U Nigeria Limited, Catherine Uju Ifejika, Comptroller General of the Nigerian Customs Service, Bashir Adewale Adeniyi, and Chairman of Zinox Technologies Limited, Leo Stan Ekeh.

 

His Excellency, Governor Babajide Sanwo-Olu of Lagos State, will serve as the Chief Host of the occasion.

 

For 65 years, the Nigerian-American Chamber of Commerce has been at the forefront of fostering bilateral trade relations between Nigeria and the United States, serving as the premier platform for business growth, networking, and investment opportunities.

 

The Chair of the Planning Committee, Dr.Ikenna Nwosu, says all the guests will be treated to one of the grandest anniversary galas ever experienced in the country.

 

 

*VICTOR OJELABI*

Senior PR Associate

Neo Media & Marketing | Chair, Publicity Committee, NACC Presidential Inauguration Dinner & Awards Night

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NAFDAC reopens Onitsha market, confiscates over 50 trailers of fake drugs

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The National Agency for Food and Drug Administration and Control, NAFDAC, has finally announced the reopening of the Onitsha Drug Market and other adjoining markets after nearly one month of closure.

The South-East Zonal Director of the agency, Mr Martins Iluyomade, revealed this on Thursday after a meeting between officials of the agency, the Anambra State government, and market union leaders. He stated that business will officially resume in the markets on Friday.

Other markets, including the plumbing materials market, timber market, surgical materials market, and science laboratory materials market, among others, were affected early last month when the agency shut them down in its fight against illicit drugs.

Iluyomade, who addressed government officials and market leaders before announcing the reopening, said:

“What is happening here goes beyond only Ogbogwu (drug) market; it extends to other markets around this area, and that was why we took the steps we did by closing down everywhere.

“I know there was a lot of apprehension, and people were asking why we locked other markets that had nothing to do with drugs. It seemed as if we were out to punish those who had no involvement. We did not respond because we did not want to join issues, but we found drugs in all the markets we closed.

“What we found in other adjoining markets was just as much as what we found in Ogbogwu market. We did what we did because, if we hadn’t, we wouldn’t have covered the ground we were able to cover.

“We were here last year for an operation, but our men were beaten, and even an officer of the Federal Republic was stripped naked for doing his legitimate duty. We had to lock up everywhere because, if we hadn’t, there would have been collateral damage. This is a major drug market, and if something goes wrong here, drug supplies all over the country will be contaminated.

“We know that since the Federal Government was determined to sanitize this market, if there had been any attack on us, our security men would have reacted, and the damage would have been high. We thank Governor Soludo for his visit. When he heard what we did here, he called to express concern about the welfare of his people, and when we explained to him, he backed the effort to sanitize the market. He later visited us and reiterated the same support as long as what we were doing was right.

“People were already bringing ethnic coloration into it, but I thank the governor for not listening to them. In fact, the governor said there was a need for us to save ourselves because fake drugs kill indiscriminately, regardless of ethnicity.

“The DG of NAFDAC took this assignment as if her life depended on it, and every day she kept calling to know the state of operations. NAFDAC has also committed a lot of resources to this, and she has made a commitment to ensuring that fake drugs are exterminated in Nigeria.”

Speaking on the agency’s findings in the markets, the Zonal Director said:

“It is saddening to see that we have people among us whose only way of making money is by destabilizing the country and killing people.

“We have confiscated over 50 trailers of fake and substandard drugs. Many are still in warehouses in town, and we are coming after them. The volume of narcotics we saw here is enough to destabilize any nation. There is a link between the circulation of narcotics and insecurity. Check any country experiencing insecurity and a breakdown of law and order, and you will see that narcotics are in high supply.

“The number of narcotics we have found here is alarming. The people dealing in them know the effects, but they continue because the sale of narcotics is said to be more lucrative than cocaine.

“We have also seen people who deliberately import substandard and fake drugs. Some import tablets in nylon bags with no labels, then bring them here, repackage them, and put labels on them for sale. We saw a lot of it. We also found medicines that had been banned as far back as 2007, yet people are still stocking them.

“Many of these drugs were banned because they cause cancer, and new replacements were produced, but people still stock them. That is wickedness. Another category is unregistered drugs. These medicines are usually displayed in small quantities on counters, but large caches of them are stored in warehouses outside the market.”

Iluyomade noted that even some genuine drugs are stored in ways that cause them to lose their efficacy and become harmful long before their expiration date.

“Drug storage is also a problem. There is no ventilation in any of the storage facilities we visited. Medicines are supposed to be kept under specific conditions to maintain their effectiveness. Medicines are chemicals, and even those selling registered original medicines have had them expire long before their expiry dates.

“All the storage facilities are packed to the brim, locked with the biggest padlocks, and left without ventilation. We found a drug for women in labor stored in the plumbing materials market. The warehouse was full and hot, yet the drug’s packaging specified that it should be stored between 2-8 degrees centigrade. But someone stored it in an oven-like environment. So when people say, ‘What about those of us selling good medicine?’ we just laugh. What good medicine are you selling?

“We must take our healthcare delivery seriously, and that is what NAFDAC is doing. As an agency, we are not out to make life difficult for you, but we are working with the mandate given to us.

“We have pasted notices on some shops, and those who find them must know they have been invited and must report to our office. The markets will be reopened tomorrow. We have met with your union leaders, and they must ensure they report any suspicious activity to us.

“If this happens again, we will still close the market. Also, we will not tolerate any attack on our officials. If it happens again, we will shut down the market.”

Iluyomade stated that although the market will reopen on Friday, about 4,000 shops will remain locked until their owners explain certain drugs found inside.

Market union leaders expressed happiness about the reopening of the markets and pledged to work with the agency to identify traders who continue to deal in illegal drugs.

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