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EXCLUSIVE: Tinubu, Amaechi in a N750m deal………..+ Many Dirty Details Revealed!

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Details are beginning to emerge on some of the sweetheart deals that cemented the relationships of the old guard of the All Peoples Congress (APC) and Governor Rotimi Amaechi of Rivers State.

As the dust from the tremors of the political landscape settled back in 2013 with the defection of the five Peoples Democratic Party (PDP) governors to the APC, what followed were weeks of getting-to-know-deals in the APC.

“Finding their feet in the new environment had huge financial implications for the newcomers. Behind the photo opportunities that the country was treated to, the sharks among them moved in quickly,” a source involved in the exchanges told the Nigerian Times.

To the delight of the APC top brass, Amaechi who appeared in a hurry to acclimatize started picking the tabs of many party programmes. We learnt that even the publicity arm of the party had a new lease of life on account of Amaechi’s generosity. Lai Mohammed, the APC’s publicity czar, became a frequent flyer on the Lagos/Port Harcourt, Abuja/Port Harcourt routes.

That was when Bola Tinubu, the ultimate power broker in APC, moved in. No governor in the Class of ’99 comes close to Bola Tinubu in privatising public resources. Lagos has been such a boon that almost a decade since he left office, he has been a central figure in all the political intrigues.

Those abreast of the early days of the relationship characterize it thus: “Amaechi was the political orphan on the prowl with plenty of cash buying up affection and influence in the new political family. Too many doors opened up to him because the party, in many respects, was poorly funded and too often, depended on Tinubu’s mood swings. Tinubu on his part was seeing beyond Amaechi’s new convert’s zeal; he had his eyes fixed on the honey pot that was Rivers State. They hit it off”.

Tinubu owns both TV Continental (TVC) and Radio Continental (RC); companies that have always been run by a few journalist friends of his. But a few years ago, he brought in a former top shot of Qatar based Aljazeera to rejig the place. Part of the reforms was the launch of a pay TV arm called Consat TV (Continental Satellite Television). Since he had his fingers burnt in the defunct HiTV, Tinubu had always dreamt of a business to rival South African owned DSTV. Consat was his answer and the service launched in June.

His next move was to tie up Consat and the Rivers State Government. Consat TV and the Rivers State Government entered a deal for the purchase of fifty thousand decoders at the premium rate of fifteen thousand Naira per decoder. The deal set the Rivers State treasury back by seven hundred and fifty million Naira. Nigerian Times can report that since the signing of the deal and full payment was effected, less than ten percent of the decoders have been supplied.

Why a government would want to buy decoders for its citizens remains unclear, but watchers of the Rivers State treasury say it is one of the “transfer of wealth” cases they have been witnessing since the governor decamped to APC.”

The relationship had recorded its first victim almost immediately. In a classic case of journalism misreading the dark art of a proprietor’s interest , Bola Tinubu’s TVC, or more precisely, Oluchi, who was TVC’s correspondent in Port Harcourt ,when the Rivers State House of Assembly crisis began, was to pay a steep price. Her crime was that bit of the trade every journalist lives for, a scoop.

On the day Chidi Llyod, the governor’s supporter went wild, bludgeoning another member on the head with the mace, it was Oluchi and her crew that brought the scenes across homes in the country. But because of the limited coverage of TVC not many people saw the video that night. Indeed the government and many media houses had eggshells on their faces in the intervening twenty four hours.

The governor’s propaganda machine got all the newspapers to report the event as one more instance of Wike’s supporters’ belligerence. Unknown to them, Oluchi had reported the event as it unfolded, correctly identifying Chidi Llyod as the villain and properly situating him between the warring camps. It took twenty four hours for other media houses, especially the newspapers to realise that they have been badly used.

TVC, itself, was forced to stop running the story the following day. By then the video had gone viral. Miss Oluchi was declared persona non grata in Port Harcourt. Her company could not protect her and fearing for her safety she escaped to Owerri. Her cameraman returned home late one night to find his house ransacked. He fled Port Harcourt too. After many months of idling away in Owerri, and the company ignoring her, she resigned.

RIVERS STATE GOVERNMENT REACTS

In her reaction, the Information Commissioner in Rivers State, Ibim Semenitari, admitted that though such a deal exists between Consat TV and the state government, the agreement was never about Governor Rotimi Amaechi, but about the good of the people of the state.

She told the us that it was wrong to say that just 10 percent of the decoders had been supplied, adding that 50 percent of the product (the quantity which the state government paid for) had been delivered.

While defending the agreement for the supply of the product, the Commissioner noted that the deal was important given that the Federal Government’s digitization policy would soon take off and the state government needed to comply.

“First, your figures are wrong, but to your question, 50 percent has been supplied and that is all we have paid for. What we are doing is not about the purchase of the decoders, but about the digitization policy which will commence soon’’, she explained.

Semenitari added, “We are getting the decoders because we need to migrate to the new platform and we are also grooming installers for the project which will in turn empower our youths by way of providing job opportunities’’.

According to her, since the state owned television station and radio station were in the process of joining the rest of the world in migrating to the new platform, it was important that the purchase was made to enhance the penetration of information to the remotest parts of the state.

“The penetration into the villages will not exist since we want to reach the largest mass of the people if we do not do this migration,’’ she explained.

The Devil in the Detail of the Government’s Defence.

Consat TV which launched in June this year is one of three pay TV firms apart from the popular but expensive DSTV.

GOtv is a cheaper offering from Multichoice and StarTimes which is a joint venture between the Nigerian Television Authority (NTA) and Chinese investors.

The NTA StarTimes, the biggest player in the direct to home television service sector is offering free decoders ahead of the 2015 digital migration.

Until the Christmas promotion started, the decoders went for N3, 900 with one month free subscription and offering 35 to 70 channels at 1,000 Naira monthly or up to 3,000 Naira monthly.

NTA Startimes is currently available in Lagos, Abuja, Kano, Aba, Benin, Enugu, Ilorin, Jos, Kaduna, Kano, Markurdi, Onitsha, Port Harcourt, Sokoto, Uyo, Yola, and Ibadan.

GOtv owned by Multichoice Africa with some channels from the DSTV bouquet offers a similar service to StarTimes and is a direct competitor. For N2, 900 subscribers get a GOtv decoder including one month subscription to GOtv Plus – which gives them access to over 41 local and international channels.

But until the recent promotion, Gotv access cost was 6,900 Naira for decoder, outdoor antenna, remote, and 1 month free Gotv plus package.

However, consat TV is one of the new Nigeria pay TV which offers subscribers only 24 channels at a cost of N15, 000 for dish and accessories and subscription price of N4000 per month.

And very crucially, both Startimes and Gotv are plug and play. No installation fees.

So, far from Mrs Semenitari’s pro-poor fibbing, this is a deal done at the behest of the mafia don.

 

Additional Info from Nig Times

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EFCC: 58 Ex-Govs Embezzled N2.187 Trillion [Full List]

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According to the EFCC’s allegations, a significant number of former governors, totaling at least 58, have alleged to been involved in the misappropriation, embezzlement, or laundering of approximately N2.187 trillion over a span of 25 years.

This amount does not include properties seized worldwide or those currently being investigated, which amount to billions of Naira.

The amount of N2.2 trillion that was looted is similar to the combined budgets of Lagos State and the South-East states for 2024, totaling N2.25 trillion and N2.29 trillion respectively. This figure exceeds the budgets of the North-Central states and North-East states for 2024, which are N1.89 trillion and N1.60 trillion, by several billion.

The EFCC is currently investigating, probing, and prosecuting 58 ex-governors from various regions of the country. Since the restoration of civilian government on May 29, 1999, there have been at least 170 governors serving in the 36 states of Nigeria.

The 58 ex-governors who are currently or have previously faced investigations by EFCC, with alleged amounts in question, consist of:

late Abubakar Audu (N10.966 bn),

TA Orji and sons (N551 bn)

Yahaya Bello (N80.2 bn)

Chimaroke Nnamani (N5. 3 bn)

Sullivan Chime (N450 million)

Kayode Fayemi (N4bn)

Ayo Fayose (N6.9 bn)

Abdullahi Adamu (N15bn)

Danjuma Goje (N5bn)

Aliyu Wamakko (N15 bn)

Sule Lamido (N1.35 bn)

Joshua Dariye (N1. 16 bn)

Timipre Sylva (N19.2 bn)

Saminu Turaki (N36bn)

Bello Matawalle (N70 bn)

Lucky Igbinedion (N4. 5 bn)

Musa Kwakwanso (N10bn)

Peter Odili (N1000 bn)

Jolly Nyame (N1.64 bn)

James Ngilari (N167 m)

Abdulaziz Yari (N84 bn)

Godswill Akpabio (N100bn)

Abdul fatah Ahmed (N9 bn)

Ali Mode-Sheriff (N300bn)

Willie Obiano (N43 bn)

Ibrahim Dankwambo (N1. 3bn)

Darius Ishaku (N39bn)

Ramalan Yero (N700m)

Achike Udenwa (N350m)

Rochas Okoro ha (N10. 8bn)

James Ibori (N40 bn),

DSP Alamieyeseigha (N2.655bn)

Gabriel Suswam (N3. 111bn)

Samuel Orton (N107bn)

Murtala Nyako (N29bn)

Rashid Ladoja (4.7bn)

Christopher Alao-Akala (N11. 5 bn)

Abdulkadir Kure (N600m)

Babangida Aliyu (N4bn)

Abubakar Audu (N10bn)

Idris Wada (N500m)

Ibrahim Shekarau (N950m)

Adamu Aliero (N10bn)

Usman Dakingari and wife (N5. 8bn)

Attahiru Bafarawa N19. 6bn)

Jonah Jang (N6. 3bn)

Aliyu Doma (N8bn)

Tanko Al’Makura (N4bn)

Boni Haruna (N93bn)

Bindow Jibrila (N62bn)

Adamu Muazu (13bn)

Isa Yuguda N212bn)

Mohammed Abubakar (N8. 5bn).

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Dangote University explains how female student died in her off-campus apartment

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Tragedy struck on Thursday at the Aliko Dangote University of Science and Technology, Wudil, Kano State, when a female student, Aishat Yahaya Olabisi, was found dead in her off-campus apartment.

Olabisi, a 300-level female student of Food and Science Technology, was said to have been found dead after she returned to her room from the school.

The deceased student was said to have written her first examination in the ongoing first-semester examination at the university on the fateful day.

One of the male students who spoke to PUNCH Online on condition of anonymity on Saturday blamed her sudden passing away on examination pressure.

“The deceased was hale and hearty before she went out to write her first examination in the ongoing first-semester examination,” the student said.

However, following reports in the media that the female student died in the university students’ hostel, the Management of the university clarified the misinformation.

In a statement by the Dean, Students Affairs of the university, Prof. Abdulkadir Dambazau, dated 3rd May 2024, refuted the media claims.

The statement titled “Clarification Regarding False Statement About Student’s Death” read, “It has come to our attention that a recent statement made by DLC Hausa and some media outlets regarding the discovery of a student’s corpse at the students’ hall of residence is entirely false. We wish to address this matter promptly and unequivocally refute these claims.

“On 23 April 2024, we received news about the untimely passing of Yahaya Aishat Olabisi, a diligent and bright student of ADUSTECH Wudil. Aishat spent her last evening engrossed in her studies, diligently preparing for upcoming examinations. The following morning after a shared breakfast with her roommate and a heartfelt conversation with her father, she expressed her intent to rest briefly before resuming her studies. However, destiny had a different plan.

“In the early afternoon of the same day, concerns arose when Yahaya Aishat Olabisi did not respond to attempts to reach her. Upon investigation, it was discovered that she had passed away in her sleep in her off-campus residence. Immediate measures were taken, and she was swiftly taken to the university clinic, where her passing was confirmed by medical professionals.”

The statement added that Olabisi’s remains had been transferred to the Aminu Kano Teaching Hospital for postmortem analysis.

“Given the circumstances, her remains were transferred to Aminu Kano Teaching Hospital for postmortem analysis to ascertain the cause of her sudden demise. Meanwhile, her grieving parents, who hail from Ilorin arrived the following day to bid farewell to their beloved daughter.

“In honouring her memory and bidding her farewell, Aishat was laid to rest on 24 April 2024, surrounded by family, friends, and members of the academic community who mourned her loss deeply,” the statement added.

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Court Sentence FCMB Branch Manager to 121 years in Prison for embezzling Customers Funds

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FCMB is a leading financial institution in Nigeria has received a big shock of the year as one of its staff has been thrown to prison for fraud and embezzlement.

Justice S. Odili at the Anambra State High Court in Onitsha, Anambra State, sentenced Mr Nwachukwu Placidus, a bank manager at First City Monument Bank FCMB, Onitsha Anambra State to 121 years in prison for embezzling N112 million from a customer’s fixed deposit account.

The Honorable justices delivered the verdict resulting in the conviction and sentencing of a former manager at the First City Monument Bank’s branch in Onitsha, who has now been sentenced to a total of 121 years in prison for misappropriating fixed deposit funds totaling N112,100,000 from a customer for personal use. This is tantamount to a breach of trust by the former manager which has attracted a huge jail term.

 

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