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Breaking : Buhari Suspends Hadiza Bala Usman as NPA MD

News
Federal Government Declares Public Holidays

The Federal Government has declared Friday, April 18 and Monday April 21 as public holidays for Good Friday and Easter Monday, respectively.
The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.
Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.
erior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.
Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.
News
Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender

Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.
Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender.
One of the counts reads: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria legal tender) by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet with serial number (12345678) and you, thereby , committed an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.”
He initially pleaded not guilty to the charge, leading to his full trial.
Subsequently, the prosecution presented its first witness, PW1, Owolabi Oyarekhua Jude, an operative of the EFCC.
Led in evidence by the prosecution counsel, H.U. Kofarnaisa, Jude told the court that “the Commission received intelligence on the activities of a jewelry company called Unlimited Jewellers Limited, “whose owner is one Uzondu Precious Chimaobi.
“The Company, which deals in jewelry at Atlantic Mall, Chevron Drive, Lekki, Lagos intentionally tags and sells its products in Dollars as against the CBN Act, 2007 ,which stipulates Naira as the only legal tender in Nigeria.”
Continuing, he added that “ Subsequently, a covert operation was carried out , where an undercover operative of the Commission disguised as a customer to purchase a Diamond Nail bracelet that was tagged $6000 and bought it for $5700.
“The company refused to receive Naira and demanded Dollars as a means of payment. The payment was made and receipt was issued in Dollars . The owner of the company was arrested and taken to the Commission’s office.”
However, at the resumed sitting on April 14, 2025, the defendant opted to change his “not guilty” plea to “guilty.
Consequent upon his guilty plea, Kofarnaisa, prayed the court to rely on the evidence earlier given by the investigating officer, and admit the same in convicting the defendant.
Kofarnaisa, thereafter, tendered the defendant’s statement and other evidence to further prove his guilt and they were admitted by the court.
Justice Owoeye then adjourned till Tuesday, April 15, 2025 for ruling.
Delivering judgment, they found the defendant guilty and gave him an option of fine of N50,000( Fifty Thousand Naira) on count one.
The Judge sentenced him to four years imprisonment, with an option of fine in the sum of N600,000 on count two.
His Cartier Diamond wristwatch was ordered forfeited to the Federal Government of Nigeria.
The convict bagged his imprisonment when he refused to accept Naira by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet. He was charged to court and convicted.
News
Senator Sumaila Begins Consultations on Possible Return to APC

Senator Sulaiman Abdulrahman Kawu Sumaila has begin consultation with his constituents to decide his fate on whether to return to the All Progressives Congress or not.
Reacting to a recent call by the APC leaders from Kano South Senatorial District, Senator Sumaila said he had embarked on rigorous consultations with constituents and other stakeholders.
“It is true the APC leaders from my district have called on me to return to APC. The leaders took the advantage of the internal crisis in my party; New Nigeria Peoples Party which factionalized the party.
“And I am sure they are targeting me because they knew my political strength and commitment in politics. So, when the call persist, i have started consulting my constituents and all relevant stakeholders.
“I am into politics because of my people and whatever situation I found myself, I will let them decide my fate. So, even this issue, I will not decide it by myself, I will rather allow them to decide.
“Whatever decision my constituents take, I will abide by it because in politics consultation and openness are critical. So, one thing I can aşure you is that I will not decode my fate alone and whatever my constituents decode, I will go by it.” He concluded.
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