Connect with us

News and Report

Dumebi Kachikwu on the run, wanted for graft charges….

Published

on

The brother of the minister of state for petroleum, Dumebi Kachikwu, was on the run last week, possibly somewhere in the Washington metro area of the United States, hunted by anti-corruption agency investigators for “multiple bribery” linked to the NNPC, and PPMC.

Stakeholders months ago raised the alarm over what it termed ‎’frightening attempt to hijack and wrap up NNPC’ by the controversial businessman who it said was taking advantage of his elder brother ( Emmanuel Kachikwu’s) position of group managing director of NNPC at that time, to control the affairs of the corporation and by large the oil industry, especially PPMC at that time.

Sources revealed that a lavish office opened in Asokoro in the wake of his brother’s appointment was used as a clearing house for shady deals.

A top oil magnate confided in this media house that marketers submit bids and proposals at the Asokoro office, obtain approvals and the documents sent to the then boss of the PPMC, Mrs Esther Nnamdi-Ogbue to implement.

Image result for pictures of dumebi kachikwu's cars

Worried about the consequences and multiple fraud in the process, Ogbue at some point refused to play ball, her refusal led to her removal by Dr Ibe Kachikwu.

Ogbue was re-assigned as MD, NNPC Retail a smaller office cut off from her earlier position as part of what Kachikwu said was re-structuring of the corporation. The face-off between Kachikwu and Ogbue led to her invitation to the EFCC’s office.

Documents in our possession showed severe violations of rules in most transactions.

Pictures of the multi-billion Naira residence of Dumebi Kachikwu shows state of the art cars which includes, Bentley, Range Rover Sports and other luxury cars worth billions of Naira.

Dumebi last year was arrested by the Economic and Financial Crimes Commission (EFCC) in a case of obtaining by false pretence.He was arrested on the evening of Friday, January 9th. EFCC operatives had previously raided his No 27 Gana Street, Maitama, Abuja home in the early hours of same day and executed a search warrant of the property.

He was accused of taking N750M from Ndudi Elumelu a former House of Representatives member in a bid to help him obtain the PDP Delta state’s gubernatorial ticket. Some part of the money was paid back to Ndudi according to friends in the know.

Dumebi, a known PDP loyalist was once married to former minister of aviation, Kema Chikwe’s daughter. He is in his early 40’s with no known company, no work history, except those used to curry deals.

 

 

 

 

– Persecond News

Continue Reading
Advertisement

News and Report

Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi

Published

on

As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

Continue Reading

News and Report

FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO

Published

on

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.

 

Continue Reading

News and Report

Federal Government Orders University Vice-Chancellors To Reopen Schools, Begin Lectures Amid 7 Months Lecturers’ Strike

Published

on

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

The Nigerian government has directed vice-chancellors to re-open universities and allow students to resume lectures immediately.

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

 

The letter which The PUNCH obtained on Monday, was reportedly addressed to all vice-chancellors; Pro-Chancellors and chairmen of governing councils of federal universities.

 

“Ensure that ASUU members immediately resume/commence lectures; Restore the daily activities and routines of the various University campuses,” the letter partly reads.

We had reported that the National Industrial Court of Nigeria (NICN), on Wednesday, September 21, 2022, ordered the Academic Staff Union of Universities (ASUU) to call off its ongoing nationwide strike.

 

It reported that the umbrella body of the lecturers in public universities had declared a warning strike on February 14, to force the Nigerian Government to implement agreements it earlier signed with the union.

 

The agreement stipulated how university education would be funded for better improvement.

 

The strike has since rolled over and is now in its seventh month following the government’s failure to implement all the agreements.

 

Several meetings between ASUU and the Federal Government have ended in a deadlock.

 

Consequently, the Federal Government went to court to challenge the strike.

 

The government through its counsel, James Igwe, prayed the court for an interlocutory injunction restraining ASUU from taking further steps as regards the strike, pending the determination of the substantive suit.

Continue Reading

Trending