Blog - Abia ThinkTank News

Jul

2024

How Former CBN Governor Emefiele’s Wife Received Millions In Fraudulent Transfers – Witness

CBN/Commercial Banking, Crime, Economy, News Flash

How Former CBN Governor Emefiele’s Wife Received Millions In Fraudulent Transfers – Witness A witness at the Ikeja Special Offences Court has disclosed how former Central Bank of Nigeria (CBN) Governor Godwin Emefiele transferred millions of naira to his wife, Margaret’s accounts. The witness, an assistant bank manager, Ifeoma Ogbonnaya, on Tuesday, testified that millions were moved in tranches to various companies’ accounts. Emefiele faces trial for abuse of office and alleged $4.5 billion and N2.8 billion fraud. He is facing trial in three courts in Lagos and Abuja, alongside co-defendant Henry Omoile. Prosecutor Rotimi Oyedepo (SAN) led Ogbonnaya in…

Jul

2024

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By Abia ThinkTank

Our Exit From ECOWAS Irreversible – Mali

Foreign Affairs, News Flash

Our Exit From ECOWAS Irreversible – Mali Mali’S Foreign Minister Abdoulaye Diop has reiterated the irreversible exit of his country, Burkina Faso and Niger from the Economic Community of West African States (ECOWAS), despite reconciliatory efforts from the bloc. The military leaders of Niger, Mali and Burkina Faso broke away from the regional grouping earlier this year and formed a confederation of their own on Saturday. ECOWAS heads of state met in Abuja a day later and appointed the presidents of Senegal and Togo as mediators of dialogue with the three Sahel states. Diop said Mali remained open to cooperation…

Jul

2024

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By Abia ThinkTank

President Tinubu’s Government Set To Borrow A Fresh $2 Billion Crude Oil-Backed Loan

Economy, FGN, News Flash, Politics

Tinubu’s Government Set To Borrow A Fresh $2 Billion Crude Oil-Backed Loan The President Bola Tinubu-led federal government is seeking an additional $2 billion crude oil-backed loan from international creditors to boost its financial inflow. Sources familiar with the matter disclosed that the loan is being sought to augment the country’s finances, which have been strained in recent times. Reuters reported on Tuesday that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, confirmed the development, stating that the national oil company is in talks with international creditors to raise an oil-backed credit facility.…

Jul

2024

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By Abia ThinkTank

Sunday Was Davido’s Day In The City Of Houston, Texas

Arts, Entertainment, Foreign Affairs, News Flash, World News

Sunday was Davido’s day in the city of Houston, Texas.🇺🇸 This Man has been through countless disappointment. They trolled him, and bullied him for several years He rose from his ruins and prove them wrong, selling out arenas around the world, becoming the biggest artist in Africa. After delivering impressive stage performance in Houston Texas, Sunday July 7 was recorded in history as Davido day in America. Congratulations to 001❤️

Jul

2024

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By Abia ThinkTank

Kano Emirship: Your Allegations Against President Tinubu’s Office Misleading, Group Tells Kwankwanso, NNPP

Columns/Opinions/Letters, Gossips, Kano, News Flash

Kano Emirship: Your allegations against President Tinubu’s office misleading, group tells Kwankwaso, NNPP The Progressive Front of Nigeria (ProFN) has condemned the New Nigeria Peoples Party (NNPP) and its leadership for making unfounded attacks on President Bola Ahmed Tinubu and his office. In a press statement, ProFN’s National President, Alhaji Musa Mohammed, expressed shock at the “catastrophic shallowness” of the NNPP leadership, particularly in Kano State, where the party’s chairman, Hashim Dungurawa, made “logically challenged” statements aimed at tarnishing President Tinubu’s reputation. ProFN accused the NNPP of promoting ethnic tensions and misinformation, and demanded an immediate retraction of the offensive…

Jul

2024

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By Abia ThinkTank

Amaewhule-Led Assembly Gives Fubara 7 Days To Re-Present 2024 Budget

Columns/Opinions/Letters, House Of Assembly, News Flash, Politics

Amaewhule-Led Assembly Gives Fubara 7 Days To Re-Present 2024 Budget The Rivers State House of Assembly led by Martin Amaewhule has issued a 7-day ultimatum to Governor Siminalayi Fubara to re-present the 2024 budget to the House. The order follows the first sitting of the pro-Wike House on Monday after some months. The other House led by Victor Oko-Jumbo is also holding a parallel sitting. Fubara had earlier presented the budget to the House loyal to him when his current Chief of Staff Edison Ehie presided as the Speaker. Ehie and the other pro-Fubara lawmakers passed the budget estimates, and…

Jul

2024

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By Abia ThinkTank

Fubara Wins As Appeal Court Strikes Out Sacked Rivers LG Chairmen’s Suit

Judiciary, News Flash, Politics

Fubara Wins As Appeal Court Strikes Out Sacked Rivers LG Chairmen’s Suit The Court of Appeal, sitting in Port Harcourt, on Monday, dismissed two appeals instituted by the sacked Local Government Chairmen loyal to the Minister of Federal Capital Territory, Nyesom Wike. The appeals, marked CA/PH/137M/2024 and CA/PH/145M/2024, were filed by the former Chairman of Opobo/Nkoro LGA, Enyiada Cookey-Gam, and six others, challenging the decisions of the High Court regarding the elongation of their tenure. While delivering its ruling, the court ruled that the appeals lacked merit and consequently struck them out. The judgement comes weeks after Governor Siminalayi Fubara…

Jul

2024

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By Abia ThinkTank

FGN Removes Tariffs On Rice Importations, Set To Import 500,000 Metric Tonnes Of Maize, Wheat To Tackle Food Inflation

Business, Economy, FGN, News Flash

FG Removes Tariffs On Rice Importation, Set To Import 500,000 Metric Tonnes Of Maize, Wheat To Tackle Food Inflation The President Bola Tinubu-led Nigerian government has announced measures to tackle the skyrocketing food prices nationwide. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said the measures would be implemented over the next 180 days. “A 150-Day Duty-Free Import Window for food commodities which includes; suspension of duties, tariffs and taxes for the importation of certain food commodities through land and sea borders.” The commodities the government is prioritising to benefit from this include: Maize, Husked Brown Rice, Wheat…

Jul

2024

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By Abia ThinkTank

N80.2Billion Fraud: Abuja Court Rejects Yahaya Bello’s Bid To Transfer Case To Kogi

Crime, Columns/Opinions/Letters, Judiciary, News Flash

(N80.2Billion Fraud): Abuja High Court Rejects Ex-Governor Yahaya Bello’s Bid To Transfer Case To Kogi Justice John Tsoho, Chief Judge of the Federal High Court, has rejected a request by former Kogi State Governor, Yahaya Bello, to transfer his N80.2 billion fraud case from Abuja to the Kogi division of the court. The Chief Judge sided with Dr. Kemi Pinheiro (SAN), counsel for the Economic and Financial Crimes Commission (EFCC), who argued that Bello’s application was flawed on three grounds. The ruling means the case will continue to be heard in Abuja. Yahaya Bello is facing a 19-count charge of…

Jul

2024

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By Abia ThinkTank

Nollywood Actor, Producer Among 9 Kidnappers Killed In Lagos Police Shootout

Arts, Crime, News Flash, Security

Nollywood Actor, Producer Among 9 Kidnappers K¡lled In Lagos Police Shootout Tragedy struck in Lagos as a shootout between the police and a group of kidnappers resulted in the death of nine individuals. Among the nine individuals include a up-and-coming Nollywood actor and a producer. The actor, who was based in Port Harcourt, and the producer, identified as Prince Henry Ode, were reportedly involved in kidnapping activities. The police fatally shot the suspects during a confrontation. The incident has sent shockwaves through the Nollywood community, with many expressing disbelief and sadness over the tragic turn of events.”