Corruption: Buhari has letters implicating Jonathan
President Muhammadu Buhari is in possession of some letters, written by former President Goodluck Jonathan, to request “off-budget funds.”
This was contained in Buhari’s authorised biography, ‘Muhammadu Buhari: The Challenges of Leadership in Nigeria’, written by Prof. John Paden and presented to the public on Monday.
An online dictionary defines “off-budget funds” as funds not provided for or included in the regular Federal Government budget; funded by sources other than the federal budget.
In the ongoing anti-corruption war of the present administration, the Economic and Financial Crimes Commission had arrested and quizzed many of Jonathan’s former ministers and aides for alleged diversion of funds.
Most of them, including the former National Security Adviser, Col. Sambo Dasuki (retd.), are being prosecuted for allegedly diverting funds meant for arms procurement and using the funds for the prosecution of the 2015 presidential election in favour of Jonathan who was the candidate of the Peoples Democratic Party.
It is generally believed that the former government officials could not have spent the funds in question without Jonathan’s instructions.
The author captured the travails of the former office holders in Chapter 20 of the book, which is titled ‘Corruption and law in military procurement’.
Under the subheading, ‘The role of PDP leaders in the diversion of funds’, Paden said although the letters, written by the former President, were in Buhari’s possession, the President’s purpose of waging the corruption war was not to jail former top government officials but to retrieve the stolen funds.
He said the stability of the nation’s political system seemed to be at stake if the EFCC should go after Jonathan or any former President or military leader for that matter.
Kidnapped former Minister of Environment, Laurentia Mallam and her husband, freed
The family reportedly paid an undisclosed sum for ransom before the kidnappers released the couple. The kidnappers initially demanded a N10million ransom. The couple was kidnapped at gunpoint while travelling along the Kaduna-Abuja expressway.
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Elderly woman allegedly caught burying charms in another family’s compound in Anambra
According to a Facebook user Uju Patricia, the woman was caught red handed trying to bury charm in another family’s compound.
“She went to bury charm behind one Ofieli family just behind her house and she was caught live and dey went to her house and found a goat dat is crying tears like human being, according to my mum, dat many charm was found in her house and a pregnant goat, dat d chest was open were she also prepare her charms”
Middle aged woman electrocuted in Lagos
The deceased’s 14 year old daughter identified as Okanlawon Taiwo was also affected by the fire from the transformer and is currently receiving medical attention at the General Hopital Ifako Ijaye.
It was gathered that the electrocuted woman died as a result of severe burns sustained.
Preliminary report gathered by the Lagos State Emergency Management Agency LASEMA showed that the fire emanated from a high voltage 25kva transformer ( a 4 building mini transformer) which affected four buildings namely , House number 4, 7, 9a & 9b whose power supply emanate from the transformer .
However, the fire was quickly put out by combined effort of bystanders and emergency response team from the state.
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Naira appreciates against dollar
The Naira on Wednesday appreciated against the dollar in all the segments of the foreign exchange market.
The currency gained 9.97 points to exchange at N310.24 from N320.21 it recorded on Tuesday, representing an appreciation of 3.1 per cent.
It also gained a point against the dollar at the parallel market, exchanging at N475 from N476 posted on Tuesday, while it closed against the Pound Sterling and the Euro at N590 and N510, respectively.
At the Bureau De Change segment of the market, the naira traded at N354 against the dollar, and at N580 to the Pound Sterling and N510 to the Euro.
Traders at the market said that the sale of foreign exchange to BDCs was already easing the liquidity challenges at the market.
Since the resumption of the sale of the currencies to BDCs was restored, the naira had been on a steady path to recovery.
Industry watchers believe that if the new arrangement continued, the Nigerian currency would regain its lost glory.