Headlines

Court jails Yobe Auditor- General five years for fraud

Owolola Adebola

Alhaji Idris Yahaya, the Auditor-General for Local Government, Yobe State, is to spend five years in prison, following his conviction Monday, March 13, 2023, by Justice Muhammad Lawu Lawan of the Yobe State High Court,

He was convicted after being pronounced guilty of one- count charge of criminal misappropriation to the tune of Nineteen Million, Nine Hundred Thousand Naira (N19, 900,000.00) preferred against him by the Maiduguri Zonal Command of the Economic and Financial Crimes Commission,( EFCC.)

Yahaya received funds from the Office of the Auditor General for Local Government and Emirate Affairs, Yobe State, for the purchase of an official vehicle, a 2015 Toyota Corolla, and diverted part of the money to his personal use.

The one-count charge reads: ”That you, Yahaya Lawal Idris, being the Auditor General for Local Government, Yobe State, between the 20th to 21st day of May, 2017 at Damaturu, Yobe State within the jurisdiction of this Honourable Court, received the sum of N19,900,000.00 via your personal account number 1001480930 with account name Alhaji Yahaya Idris domiciled in United Bank for Africa Plc (UBA) from the Local Government Audit Account Number 5030030060 domiciled in Fidelity Bank Plc for the purchase of a brand new Toyota Corolla 2015 Model, did dishonestly misappropriated the gross sum of N10,100,000.00 (Ten Million, One Hundred Thousand Naira) only.”

The convict who was first arraigned on Wednesday, November 9, 2022, had pleaded not guilty to the charges, setting the stage for his full trial.

During the trial, counsel for the EFCC, Mukhtar Ali Ahmed called four witnesses and tendered documents that were admitted in evidence.

Delivering judgment, Justice Lawan held that the prosecution had proved the case against the defendant and convicted him as charged. He consequently sentenced him to 5 years imprisonment with an option of fine.

The Judge further directed the convict to pay the sum of N10, 100,000.00 (Ten Million, One Hundred Thousand Naira) in restitution to Yobe State Government through the EFCC or serve additional two years in prison.

Customs

Group confers “continental” award on Adeniyi over customs’ phenomenal revenue record

Adeniyi, CGC

Funso OLOJO

The Comptroller General of the Nigeria Customs Service, C.G.C Adewale Bashir Adeniyi, has been nominated and approved to be honoured with “The Continent Man of The Year 2024” Award by Board of Editors and Publishers of Continent magazine.

This resolution was announced by the spokesman of the group, Mr David Oladimeji, at the end of group’s meeting held on Friday, September 13th, 2024 in Abuja.

The meeting was organized by” The Continent “Magazine to deliberate on a personality and organisation deserving of the Award.

The Board’s attention was drawn to the statement made recently by former governor of the Central Bank of Nigeria (C.B.N) and sitting Governor of Anambra state, Prof Chukwuma Soludo,who told his constituents in Awka that the Customs and F.I.R.S have sustained the nation’s economy from collapse since February this year, when the NNPCL stopped remittance of statutory revenue to the Federation Account for onward disbursements to the three tiers of governments.

Oladimeji said “the Board noted that this is not an easy task to be achieved under the astute and dedicated leadership of C.G.C Adeniyi, considering the fact that the Customs and it’s officers have been perceived by the public as corrupt and fraudulent”

” In a bid to commend and encourage leaders of the customs and F.I.R.S as well as their lieutenants not to rest on their oars, the Board resolved to honour the C.G.C, his Command Controllers and Revenue Collectors who had made significant sacrifices and excelled in their national anti-smuggling, revenue collection assignments with “The Continent Man of The Year” and “Pillars of Nigerian Economy 2024″ Awards”

As plans are geared towards the celebration of the international and national icons at a date to be announced soon, “The Continent” special edition will publish the profile and achievements of the deserving recipients that earned them recognition and honour.

Headlines

NIMASA secures support of Bank of Industry for enhanced capacity building in maritime industry

Funso OLOJO

The Nigerian Maritime Administration and Safety Agency (NIMASA) has broker a partnership with the Bank of Industry (BOI) to enhance its capacity building effort in the maritime industry.

The Director General of NIMASA, Dr. Dayo Mobereola, represented by the Executive Director of Maritime Labour and Cabotage Services, Mr. Jibril Abba, made this disclosure during a visit by the Management of the Bank of Industry, led by Executive Director of Large Enterprises, Mrs. Ifeoma Uz’Okpala.

He stated, “In addition to safety, security, and maritime labor, the Agency’s mandate encompasses capacity development aimed at growing the sector.”

He also reaffirmed the Agency’s commitment to collaboration as a vital tool for achieving its mandate.

“The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy”, he said.

On her part, the Executive Director of Large Enterprises at BOI, Mrs. Uz’Okpala, affirmed the Bank’s readiness to support NIMASA.

She also emphasized the importance of collaboration in implementing a robust capacity-building initiative that will contribute to economic growth in Nigeria.

Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation.

It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%)

Headlines

NIMASA secures support of Bank of Industry for enhanced capacity building in maritime industry

Funso OLOJO

The Nigerian Maritime Administration and Safety Agency (NIMASA) has broker a partnership with the Bank of Industry (BOI) to enhance its capacity building effort in the maritime industry.

He stated, “In addition to safety, security, and maritime labor, the Agency’s mandate encompasses capacity development aimed at growing the sector.”

He also reaffirmed the Agency’s commitment to collaboration as a vital tool for achieving its mandate.

“The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy”, he said.

On her part, the Executive Director of Large Enterprises at BOI, Mrs. Uz’Okpala, affirmed the Bank’s readiness to support NIMASA.

She also emphasized the importance of collaboration in implementing a robust capacity-building initiative that will contribute to economic growth in Nigeria.

Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation.

It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%).