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Former Osinbajo Aide Calls For Punishment Over Printing Of Naira

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Former Osinbajo Aide Calls For Punishment Over Printing Of Naira....KINDLY READ THE FULL STORY HERE▶

Laolu Akande, a former aide to ex-Vice President Yemi Osinbajo, has called for the punishment of those responsible for the printing of N22.7 trillion during former President Muhammadu Buhari’s administration……..CONTINUE READING

The revelation of the massive printing of currency was made by Wale Edun during a session with the Senate Committee on Finance. Edun attributed the current inflationary pressures in Nigeria to the aimless printing of currency during Buhari’s tenure, emphasizing the need for transparency and accountability in economic management.

Akande echoed Edun’s sentiments, describing the printing of N22.7 trillion as an “economic calamity.” He stressed the importance of holding those responsible accountable in court to prevent such occurrences in the future.

Expressing concern that the issue might be overlooked, Akande urged President Bola Tinubu’s administration to take decisive action rather than merely complaining about the situation. He emphasized the need for consequences for those involved in the economic mismanagement.

Akande highlighted the widespread awareness within Buhari’s administration about the state of affairs, citing concerns about institutional misbehavior and lack of patriotism. He called for measures to ensure that such mismanagement does not recur and emphasized the importance of accountability in economic governance.

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“TECH BOOM: Federal Government Drops Shocking Loan Portal For Laptops And Smartphones!”.

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The Nigerian government has introduced a new consumer credit initiative aimed at helping citizens acquire essential digital tools, such as laptops, smartphones, and tablets, through affordable installment plans.....KINDLY READ THE FULL STORY HERE▶

This program, officially titled the Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices Programme (C.L.I.C.K.D.), is being managed by the Nigerian Consumer Credit Corporation (CREDICORP) in collaboration with the Federal Ministry of Communications, Innovation and Digital Economy.

The initiative was formally launched in Abuja on Tuesday by the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, and CREDICORP Managing Director/CEO, Uzoma Nwagba. The primary goal is to bridge the digital divide by making technology more accessible for education, professional work, business growth, and other technology-driven activities.

To support the local tech ecosystem, the scheme will prioritize locally assembled laptops.

Application Process

Interested individuals can apply via the official C.L.I.C.K.D. website at credicorp.ng/clickd by clicking the “I’m Interested” button to access the application form. Applicants are required to submit the following details:

  • State of Residence: Selection from any of the 36 states or the FCT.

  • Employment Status: Options include employed, freelancer, business owner, student, job seeker, or NYSC member.

  • Monthly Income: An optional disclosure of income range.

  • Digital Talent Programme: Indication of participation in specific digital skills programs (e.g., 3MTT, Andela, ALX, etc.).

  • Device Needed: Selection of laptop, smartphone, or tablet.

  • Reason for Need: Justification for the device, such as remote work, education, software development, or content creation.

  • Source of Information: How the applicant heard about the program.

Before submission, applicants must consent to the accuracy of the information and agree to its use for eligibility assessment.

Pilot Phase and Eligibility

While the application form lists several digital talent communities, the initial phase of C.L.I.C.K.D. is a pilot targeting 1,000 fellows of the government’s Three Million Technical Talent (3MTT) Programme.

According to Nwagba, the rollout has begun in Abuja, with initial beneficiaries already receiving devices. Distribution to qualified individuals in other states will follow in phases, similar to the rollout strategy used for CREDICORP’s general consumer credit scheme in April 2024.

Although the application form references other communities like Andela, ALX Africa, and AltSchool Africa, it remains unclear if fellows from these external programs are included in the initial 1,000-unit pilot. Applicants outside the 3MTT cohort may need further clarification on specific eligibility criteria for this phase.

Furthermore, specific financial terms of the credit facility—such as interest rates, repayment duration, or required down payments—have not yet been disclosed.

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“SEIZED FROM FRAUDSTERS: ICPC Finally Hands Over Multi-Million Dollar Abuja Estate To FG!”.

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has formally handed over extensive forfeited land in the Kaba District of Abuja to the Federal Mortgage Bank of Nigeria (FMBN). This transfer follows a final forfeiture order granted by the Federal High Court, identifying the properties as proceeds of illegal activity.....KINDLY READ THE FULL STORY HERE▶

The handover ceremony, which took place on Tuesday at the Goodluck Jonathan Estate site, was led by ICPC Chairman Musa Adamu Aliyu, SAN, and FMBN Managing Director Shehu Usman Osidi.

Chairman Aliyu described the event as a landmark achievement in Nigeria’s anti-corruption and asset recovery efforts. He explained that the land was originally designated for a 2012 FMBN housing project intended to deliver 962 units. However, the $65 million loan secured for the project by Good Earth Power Nigeria Limited and its American partners was completely diverted, with no construction undertaken. Instead, the funds were allegedly laundered through Bureaux de Change and transferred overseas.

Following successful civil proceedings, the Federal High Court in Abuja ordered the final forfeiture of the two large plots in Cadastral Zone D12. The Court further directed that the land be transferred to the FMBN, the direct victim of the fraud.

As part of the court order, the ICPC and FMBN will now establish a joint committee to supervise the construction of the 962 housing units until their completion and eventual allocation to end users.

FMBN Managing Director Shehu Usman Osidi commended the ICPC for its diligence, noting that the recovery ensures this long-neglected public asset will finally be utilized for the benefit of Nigerian families.

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“‘WE WILL MEET IN COURT’: Ejimakor Slams Reckless Incitement To Kill Nnamdi Kanu With Lawsuit!”.

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Aloy Ejimakor, lead counsel for detained IPOB leader Nnamdi Kanu, has strongly condemned comments made by entrepreneur Chigozie Nnabugwu on News Central Television, where Nnabugwu reportedly called for Kanu’s extrajudicial killing to restore peace to the South-East. Ejimakor labeled the remarks reckless, irresponsible, and a direct threat to the rule of law and due process.....KINDLY READ THE FULL STORY HERE▶

Arguing that the statements could incite violence and endanger Kanu, the lawyer noted they may violate Section 24(1) of the Cybercrimes Act and other incitement laws. He also criticized News Central Television for broadcasting the content, warning that media outlets risk regulatory penalties for airing hate speech or calls for violence. Kanu’s legal team is currently reviewing options, demanding an immediate retraction and public apology, or face potential legal and regulatory action.

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