News
Emefiele: Frank asks DSS, UK govt to Ensure return of Access, Gtbank MD’s for immediate questioning
A political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has asked that the Managing Director of Access Bank and his counterpart at the Guaranteed Trust Bank (GTB) be invited for quizzing following the arrest and the ongoing probe of the erstwhile Governor of the Central Bank, Godwin Emefiele.
Frank said the probe of the two bank leaders was necessary based on allegations that the duo were allegedly main accomplices in aiding the atrocious acts of subversion and misappropriation of public funds meant for the welfare of the Nigerian people.
In a statement signed and released Friday in Abuja, Timi Frank also appealed to the government of United Kingdom (UK) to cooperate with Nigeria security agencies to immediately invite the duo for questioning.
Frank claimed that invitation for probe had been sent to the two managing directors.
According to him, this key information also discloses that even when invitation from the Department of State Service has been extended to these individuals to report and answer to allegations bordering on their involvement with the erstwhile Governor of the CBN, active plans are underway to undermine the invitation extended to them whilst resorting to taking refuge in the UK specifically.
“It is important to note that even when invitations have been extended to these individuals to report on Monday the 3rd of July for questioning, the MD Gtbank who was sighted today chilling in the streets of the UK had repeatedly reaffirmed his unwillingness to return to the country for any such cross examination by the DSS.
“We are also aware that four other Managing Directors of tier one banks in the country have been fingered as direct accomplices and conduit for Mr. Emefiele with the Access and Gtbank MD’s playing the greater roles in aiding to defraud and fleece the nation fraudulently.
“Therefore, I’d like to call on the UK government to kindly assist the Nigerian government by disallowing any form of extended stay for these individuals who are currently in the UK for personal purposes.
“The UK government must be seen in aiding the Nigerian government by disallowing any corrupt individual, whether Private or Public servants by making the UK a haven for corrupt officials.
“As stakeholders in fighting for a corrupt free nation, we’re determined to do all we can in assisting the FG eradicate all forms of corruption in the Nigerian society.
“We must also note the acquisition of two private jets by the Gtbank Managing Director with a value of over $80million which is not officially captured anywhere in their books. This fraudulent acquisition must also be properly ascertained to determine the genuineness of such largesse.
Frank also called on the State Security Service (DSS) “to do all within its powers in fishing out and bringing the enemies of Nigeria to book. We have had enough of individuals taking the country for a ride and benefitting solely for personal agradissment.
“I am convinced that the Department of State Service will take this information seriously and act accordingly in compelling these individuals to answer to their fraudulent roles in line with the provisions of the law.
“We have other key information at our disposal should the DSS oblige.”
News
FG Hits Back at Emir Sanusi’s Economic Reform Remarks: ‘We Don’t Need Your Approval’
The Federal Government has delivered a sharp rebuttal to Emir Muhammadu Sanusi II’s recent remarks about President Bola Tinubu’s economic reforms, expressing disappointment over his refusal to endorse the government’s actions.
Sanusi, a former Central Bank of Nigeria (CBN) governor, had voiced his hesitation to speak in support of the reforms, stating, “I have decided not to speak about the economy or the reforms, nor to explain anything regarding them. If I explained, it would only help this government, and I don’t want to help this government.” His comments were made at a public event in Lagos, where he also indicated that he would withhold his explanations despite the significant economic impact of the reforms.
In response, Minister of Information and National Orientation, Mohammed Idris, acknowledged that Sanusi’s decision to withhold support for the government’s economic agenda was his personal choice, but expressed frustration at his stance.
“It is rather curious for someone from an institution that champions transparency and integrity to openly admit to withholding the truth due to personal interests,” Idris remarked.
The Minister stressed that while everyone has the right to their opinion, the reforms under President Tinubu were designed to confront deep-rooted economic challenges, requiring bold and transformative actions. These reforms, including the unification of exchange rates and the removal of the fuel subsidy, are vital steps to secure Nigeria’s economic future.
Idris addressed Sanusi’s acknowledgment that the current economic pains were a necessary result of years of mismanagement, stating that these reforms are already showing positive results. “The unification of exchange rates has instilled investor confidence, leading to increased foreign reserves and better protection from external shocks,” he noted.
The government also highlighted the positive outlook for Nigeria’s economy, pointing to World Bank projections showing an upward trend in GDP and improvements in key sectors like infrastructure, education, and healthcare.
While expressing disappointment over Sanusi’s sudden criticism, Idris emphasized that Nigeria’s path to recovery requires unity and collective effort. “It is disheartening that reforms which were previously endorsed by experts like Emir Sanusi are now being subtly undermined,” he said.
Idris urged leaders like the Emir to set aside personal and partisan interests and work towards the greater good of the country. “This is a pivotal time for Nigeria, and what is needed is collaboration, not division,” he concluded.
The Federal Government reiterated that it remains committed to advancing economic reforms and fostering inclusivity, with a focus on long-term growth. The administration remains open to dialogue with all well-meaning stakeholders while steadfastly putting the country’s interests first.
News
Ex-REDAN President Warns Developers of Moure Consult Fraud, urges FG Support on Housing
By Ben Ogbemudia, Abuja
The immediate past President of the Real Estate Developers Association of Nigeria (REDAN), Dr. Aliyu Oroji Wamakko, has sounded an alarm to estate developers nationwide about the fraudulent tendencies of Moure Consult Ltd, under the leadership of its Managing Director, Sadiq Dalhatu Ado.
Speaking in Abuja, Dr. Wamakko revealed a surge in complaints from developers, particularly in the Federal Capital Territory, accusing Moure Consult Ltd of breach of agreements and unfulfilled promises.
According to Wamakko, many victims of the company have lodged formal petitions with relevant agencies, citing dubious financial practices.
He disclosed that in February 2024, Moure Consult Ltd approached various developers with a proposal to secure loan facilities for infrastructure development. The firm touted its expertise and partnerships, luring developers into agreements under false pretenses.
“Developers met all conditions laid out by Moure Consult Ltd with the expectation of receiving funds within 45 working days. But to date, no funds have been disbursed. Instead, developers have been subjected to excuses, missed deadlines, and evasive tactics,” Wamakko said.
The former REDAN president noted that victims were promised that funds, allegedly placed in fixed deposits, would be available by May 30, 2024. However, the deadline passed, and subsequent extensions yielded no results. Instead, developers received vague alternatives, including agricultural proposals and state contracts, which Wamakko described as distractions.
He condemned these actions, calling them a betrayal of trust that tarnishes the real estate industry’s credibility.
Amidst the warning, Wamakko urged the Federal Government to support the private sector in achieving affordable housing through the Ministry of Finance Incorporated (MOFI). He called for deliberate funding under President Bola Tinubu’s Renewed Hope Housing agenda to bridge Nigeria’s housing deficit.
“The government must create avenues for accessible financing that empower reputable developers to deliver affordable housing to Nigerians. It’s time to address the systemic barriers affecting both developers and citizens seeking shelter,” Wamakko emphasized.
This clarion call serves as a dual message: to warn against fraudulent practices and to advocate for proactive government intervention in the real estate sector.
News
Neglect of War Veterans, Families Clouds Armed Forces Remembrance Day
As Nigeria marked the 2025 Armed Forces Remembrance Day, voices of discontent from war veterans, widows, and civil society organizations took center stage, highlighting the neglect faced by those who sacrificed for the nation’s peace and security.
The solemn event, held across various locations, honored fallen heroes, but the lamentations of widows and retired servicemen revealed the systemic failures in supporting these individuals and their families.
At the Tafawa Balewa Square in Lagos, Mrs. Oluwaseyi Iliya, leader of the “Wives of Fallen Heroes” group, expressed disappointment with the Lagos State government. She criticized the lack of meaningful support for military widows, noting that promises made in previous years had not materialized.
“Military widows are suffering. Our husbands died serving this nation, but we’ve been abandoned,” she said. Iliya recounted a 2024 initiative where some widows received foodstuffs and grinding machines, but no further support followed.
Retired Col. Nasiru Salami, a 76-year-old civil war veteran, echoed similar sentiments, recounting his own struggles with unpaid pensions and unfulfilled promises. Speaking on Channels Television, Salami said, “I cannot recommend the Nigerian Army to my children because of how poorly we’ve been treated.”
Salami, who served on the Biafran frontlines during the Civil War, revealed that over 24,000 veterans in Lagos are still awaiting their war bonuses, more than five decades after the conflict ended.
Prominent Nigerians, including Peter Obi, and organizations like the Civil Society Legislative Advocacy Centre (CISLAC), have called for immediate government action. Obi urged the Federal Government to prioritize healthcare, education, and timely payment of benefits for military personnel and their families.
“These measures will inspire greater commitment and reinforce the dedication of our armed forces,” Obi stated on social media.
CISLAC’s Executive Director, Auwal Rafsanjani, called for national recognition of fallen heroes’ families, emphasizing empowerment programs and scholarships for widows and children as essential steps.
Vice President Kashim Shettima, representing President Bola Tinubu at the national parade in Abuja, acknowledged the sacrifices of Nigeria’s military personnel. He urged Nigerians to contribute to the welfare of the families of fallen heroes, while Lagos State Deputy Governor Obafemi Hamzat called for public support to alleviate their hardships.
Despite these appeals, many widows and veterans remain skeptical, viewing these gestures as hollow without tangible action.
As the nation reflects on the sacrifices of its armed forces, the voices of widows and veterans underscore the need for systemic reform. Beyond wreath-laying ceremonies, Nigeria must honor its fallen heroes by ensuring their families are not forgotten and their sacrifices are truly appreciated.
The Armed Forces Remembrance Day, while a solemn occasion, must inspire action to address the plight of those who gave their all for the nation’s peace and security.
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