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EFCC To Arraign Idris On Friday

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Ahmad Idris

The Economic and Financial Crimes Commission (EFCC) says Ahmed Idris, the suspended accountant-general of the federation, will be arraigned on Friday.

Idris was arrested in Kano after he allegedly failed to respond to invitations by the commission to answer questions over the allegation of N80 billion fraud.

Two days later, Idris was suspended in definitely “without pay” by Zainab Ahmed, the minister of finance, budget and national planning.

According to a statement issued on Wednesday by Wilson Uwujaren, spokesman of the agency, Idris is expected to be arraigned alongside “Godfrey Olusegun Akindele and Mohammed Kudu Usman”, while two firms — Gezawa Commodity Market and Exchange Limited — are also listed in the charge.

The EFCC said Idris and his co-defendants are indicted on a 14-count charge of stealing and criminal breach of trust to the tune of N109.5 billion.

According to one of the charges, the EFCC alleged that Idris received gratification from one Olusegun Akindele, worth N15.1 billion in exchange for “accelerating the payment of 13% derivation to the nine oil-producing states in the federation”.

“That you, Ahmed Idris between February and December 2021 at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, being a public servant by virtue of your position as the Accountant General of the Federation, accepted from Olusegun Akindele, a gratification in the aggregate sum of N15,136,221,921.46 (Fifteen Billion, One Hundred and Thirty-Six Million, Two Hundred and Twenty-One Thousand, Nine Hundred and Twenty-One Naira and Forty-Six Kobo), which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of your lawful remuneration but as a motive for accelerating the payment of 13% derivation to the nine (9) oil producing states in the Federation, through the office of the Accountant General of the Federation, and you thereby committed an offence contrary to Section 155 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990 and punishable under the same section,” the statement reads.

That you, Ahmed Idris, while being the Accountant General of the Federation, and Godfrey Olusegun Akindele while being the Technical Assistant to the Accountant General of the Federation, between February and November 2021, at Abuja, in the Abuja Judicial Division of the High Court of the Federal Capital Territory, in such capacity, entrusted with a certain property, to wit: N84,390,000,000 (Eighty-Four Billion, Three Hundred and Ninety Million Naira) committed criminal breach of trust in respect of the said property when you dishonestly received the said sum from the Federal Government of Nigeria through Godfrey Olusegun Akindele, trading under the name and style of Olusegun Akindele & Co., and you thereby committed.”

The EFCC said Idris’ case will be heard before A.O. Adeyemi Ajayi, a justice of a federal high court in Abuja.

(The Cable)

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Dangote Wins ECOWAS’ Manufacturing Brand Of The Year Award

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Aliko Dangote

Africa’s largest business conglomerate, Dangote Industries Limited has been adjudged the Outstanding Indigenous Conglomerate of the Decade, carting home eight different Economic Community of West African States Manufacturing Excellence Awards (EMEA) in the process.

In the same vein, two subsidiaries of the Conglomerate, Dangote Cement Plc and Dangote Sugar Refinery Plc also received awards of the renowned Marketing Edge magazine’s Brands of the Decade.

While the EMEA awards were given by the Nigeria’s Daily Independent Newspaper and its BusinessDay Ghana counterpart, the Brand of the Decade for Dangote Group subsidiaries were received at the 10th edition of the leading brand magazine, Marketing Edge’s 2022 Summit and Award Night themed “Technological explosion in the digital Age – Imperatives for the marketing communications industry”, which held in Lagos.

Nigeria @ 62: Kano ADP Gubernatorial Candidate Congratulate Nigerians: Promise a Better Kano

It was a gale of accolades as the Dangote brand was named number one brand by all standards with its Sugar and Cement brands as the two brands, which company has contributed tremendously to the infrastructure development not only in Nigeria but Africa in the last 10 years.

Speaking at the event, Mr. John Ajayi, Publisher/CEO of Marketing Edge Publications described this year’s awards as one with a special attraction and uniqueness, designed to reboot, restart and re-energise the social, intellectual and entrepreneurial landscape of the Nigerian Integrated Marketing Communication (IMC).

While eulogising the management of Dangote Group for the business strategy that has helped in positioning the brand well ahead of others in the industry, he explained that the award event was organised to “celebrate the best and brightest brands”

According to him, the award to Dangote brands are in recognition of its leadership and domination in the various market segments and categories, adding that the recognised brands are brands that “continue to make the Nigerian consumers happy and satisfied”.

The Marketing Edge publisher, while giving the business trajectory of the past 19 years, saluted the various winners and their managements for their roles in making Nigeria proud, citing an instance of how Dangote Cement and Dangote Sugar have made Nigeria self-sufficient in cement and sugar production.

In his response to the new awards, Mr. Anthony Chiejina, Group Chief, Branding & Communications Officer, Dangote Industries Limited (DIL), said the Group’s brand remains at the forefront of African enterprise and that the brand, since inception, has touched the lives of many by providing their basic needs.

Expressing gratitude to the management of Marketing Edge publications for the recognition, Mr. Chiejina explained that consumers are loyal to brands that are purposeful and that is “why we have designed a strategy that creates that purpose.” “Because we understand the power of brands, we have positioned all our businesses to be consumer-centric so that it can inspire millions of people behind it”, Mr. Chiejina stated.

The ECOWAS awards won by the company included ECOWAS Manufacturing Company of the Year; ECOWAS Manufacturing Company CEO of the Year; ECOWAS Manufacturing CSR Company of the Year; ECOWAS Cement Manufacturing Company of the Year; ECOWAS Sugar Manufacturing Company of the Year; ECOWAS Salt Manufacturing Company of the Year and ECOWAS Fertiliser Manufacturing Company of the Year.

The awards won during the Marketing Edge Magazine’ 2022 summit included Outstanding Indigenous Conglomerate won by the Dangote Industries Limited, and Cement Brand of the Decade and Sugar Brand of the Decade.

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Nigeria @ 62: Kano ADP Gubernatorial Candidate Congratulate Nigerians: Promise a Better Kano

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Honourable Shaaban Ibrahim Sharada

 

The Kano Gubernatorial Candidate of the Action Democratic Party and a member of the House of Representatives for the Municipal Federal Constituency, Honourable Shaaban Ibrahim Sharada, has congratulated Nigerians and Kano people in particular over Nigeria’s 62nd Independence anniversary.

Honourable Shaaban Ibrahim Sharada stated this in a release issued to newsmen by the ADP Gubernatorial Campaign Council on the nation’s 62nd independence anniversary.

Sharada, seizing the opportunity to extol the virtues and achievements of Nigeria’s founding fathers, said the country started on a good footing and has recorded appreciable progress despite the challenges.

Kano people, according to Shaaban Ibrahim Sharada, have faced numerous challenges since Nigeria’s independence in 1960, when the state was a province of the old Northern Region and later declared a state in May 1967 by General Yakubu Gowon. The first military governor of the state, Alhaji Audu Bako, who laid the foundation of good governance, recorded the greatest achievements ever witnessed in its history in his 8-year stint.

Kano ADP Gubernatorial Candidate Mourns Rabi Shehu Sharada ,Says Her Death A National Tragedy

The Gubernatorial Candidate went on to say that the state had another landmark achievement during the reign of the late Muhammad Abubakar Rimi of blessed memory, Malam Ibrahim Shekarau among others,and he promised to bring new innovations in 2023 if he wins the gubernatorial election on March 11, 2023.

The Gubernatorial Candidate lamented how despite the dividends of Democracy the present administration in the state is being run purely as a family affair. He also complained of the hardship business men and other enterprising personalities which the state is blessed with, are contending with.
which include land encroachment and ,erection of buildings on water ways and other artificial environmental problems that brings a serious setback to the state economy.

He also promised to ensure level playing field for all businesses, so that the past glory of Kano as a commercial city will be restored and urged the people of the state to remain steadfast in their daily engagements as general elections draws nearer.

In view of the above disturbing scenarios Honourable Shaaban Sharada stated that during his most recent visit to the Kingdom of Saudi Arabia, he met with foreign investors from the Middle East and interested in investing in Kano, Nigeria’s most populous state.

According to him, all is set for the arrival of foreign investors to Nigeria, where he will host them to unveil Kano Vision 2040, in which his policy document and blueprint for the development of Kano are contained.

He urged the people of the state to continue to be patient with the challenges they are facing, which include lack of direction from those steering the affairs of the state, noting that it will be a thing of the past on May 29 when the people of the state give their mandate to ADP.

Shaaban Ibrahim Sharada added that he has assembled one of the best teams in the history of the state to propel its development agenda for the generations yet unborn.

The governorship hopeful further paid tribute to Kano’s founding fathers and past governors who contributed to its development and promised, with the help of Almighty Allah, to make it a giant of Nigeria.

He thank millions of youth and their parents ,women associations for their support who want see a government established in line with their aspirations.

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Just In:NNPC Limited Acquires OVH Energy Downstream Assets

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The event

 

In order to strengthen its downstream business portfolio to enhance profitability & guarantee National Energy Security, NNPC Limited has completed the acquisition of OVH Energy Downstream assets.

These assets include a reception jetty (ASPM) with 240,000MT monthly capacity, 8 LPG Plants, 3 Lubes Blending Plants, 3 Aviation Depots and 12 warehouses.

The acquisition, which is under our Accelerated Network Expansion (ANEX) Initiative, will bring over 380 additional filling stations under the NNPC Retail brand in #Nigeria & #Togo, on our journey to attaining 1,500 stations.

NNPC Ltd, PSC Contractors Resolve Disputes, Renew PSC Leases

With this development, we are poised to becoming the largest petroleum products Retail network on the African continent.

#EnergyforToday #EnergyforTomorrow #NNPCAcquiresOVHDownstreamAssets

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