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BREAKING: Appeal Court Upholds Oshiomhole’s Suspension As APC National Chairman

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The Court of Appeal sitting in Abuja on Tuesday affirmed the suspension of Comrade Adams Oshiomole as a member and National Chairman of the All Progressives Congress (APC).

Ruling on the interlocutory appeal filed by Comrade Oshiomhole, the appellate court upheld the decision of the Federal Capital Territory High Court delivered by Justice Danlami Senchi which in March ordered the suspension of Oshiomhole as well as restraining him from parading himself as the National Chairman of the party.

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In a unanimous judgement in the first appeal delivered by Justice

Eunice Onyemanam, the court held that the FCT High Court had territorial jurisdiction to have entertained the suit as it did.

READ ALSO: Just In: Edo Guber: Obaseki, Deputy, Entire APC Structure To Join PDP-Chairman

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The court also withdrew his rights and privileges as National Chairman of the party including his security details.

The appeal court predicated its decision on the ground that Comrade Oshiomole as the first appellant is based in Abuja while the APC also has its national headquarters in the capital city.

In the judgment on the second appeal delivered by Justice Mohammed Lamido, the court disagreed with Comrade Oshiomhole that their right to a fair hearing was breached by the trial court.

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READ ALSO: Just In: Edo APC Petitions NWC, Wants Obaseki, Others Expelled

Justice Lamido further said that there was no basis for the two appellants to hold that they were denied fair hearing during proceedings at the FCT High Court.

It further held that the suspension of Comrade Oshiomole from Ward 10 of Etsako local government of Edo state was ratified at the ward, local and state government level as required by law.

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And the identity of those who suspended him was not in doubt because in their unchallenged affidavit they made it clear that they were party members and officers of the party, therefore the appeal lacks merit.

READ ALSO: Disqualification: Obaseki Reveals Why He’ll Not Appeal Decision

Comrade Adams Oshiomhole and the APC are the appellants in the two dismissed appeals.

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2nd House Prize Winner Emerges In Festival Of Joy Promo Draw In Port Harcourt

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Foremost mobile network operator, Globacom, on Thursday held a draw to select the winner of a second three-bedroom house prize in Port Harcourt in furtherance of its Festival of Joy loyalty reward promo.

In a press statement issued by the company after the Port Harcourt draw, Globacom encouraged subscribers who desire to win prizes in the promo to dial *611# and keep recharging (voice and data during the promo period) to qualify for the draw.

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The winning number was drawn by an elderly Glo subscriber, Mr. Ogbomade Sampson Joe, who was present at the Gloworld to transact business. It was witnessed by several Glo subscribers, the media as well as Mr. Koko Finny, the representative of the National Lottery Regulatory Commission (NLRC) in Port Harcourt.

READ ALSO: Glo Festival Of Joy Train Arrives Lagos With Brand New Car, Other Prizes

The lucky Glo subscriber who emerged winner in the draw will receive the house prize at a presentation ceremony billed for Friday, December 9, 2022.

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Three lucky Glo subscribers had previously become landlords in Ibadan, Abuja and Port Harcourt courtesy of Glo Festival of Joy promo which has on offer, 20 houses, 24 brand new cars, 100 generators, 200 sewing machines and 1,000 rechargeable fans.

 

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Abducted Ondo Monarch Regains Freedom

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The monarch of Oso Ajowa Akoko in in Akoko North-West Local Government Area of Ondo State, Oba Clement Jimoh, who was kidnapped, has regained freedom.

The traditional ruler, who was abducted in his palace, was set free by the bandits after he had spent seven days in their den.

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According to a family source, the monarch was freed on Wednesday evening and he had been taken to the hospital where he was receiving treatment.

READ ALSO: Gunmen Kidnap Ondo Monarch, Police Launch Probe

Kabiyesi regained freedom yesterday (Wednesday) evening but he has been taken to the hospital for treatment,” the source stated.

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Details later…

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Withdrawal Limits: Senate Raises Concerns, To Debate New CBN

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A file photo of the Senate President, Ahmad Lawan, during plenary at the upper chamber of the National Assembly in Abuja.

A file photo of the Senate President, Ahmad Lawan, during plenary at the upper chamber of the National Assembly in Abuja.

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The Senate has raised concerns about the latest Central Bank of Nigeria (CBN) policy on cash withdrawals.

Senate Minority Leader Phillip Aduda in a point of order during plenary on Wednesday called the attention of his colleagues to the new policy and demanded for caution as it will affect many Nigerians, especially small business owners.

In his response, Senate President Ahmad Lawan cautions the CBN not to approach the policy by jumping into it at once as many Nigerians will be affected.

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He further noted that there is a need to engage the CBN in discussions to get more details of the policy and he directs the committee on banking to discuss this matter during the screening of the CBN Deputy Governors expected to hold before next week.

The Senate has set next Tuesday to debate the new CBN policy.

Under the new withdrawal policy, the CBN restricted the maximum cash withdrawal over the counter (OTC) by individuals and corporate organisations per week to N100,000 and N500,000 respectively.

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READ ALSO: CBN’s New Policy Will Lead To More Job Losses, Disorganize Businesses – University Don

The CBN stated, however, that withdrawals above the thresholds would attract processing fees of 5 per cent and 10 per cent respectively for individuals and corporate entities going forward.

In addition, third-party cheques above N50,000 shall not be eligible for OTC payment while extant limits of N10 million on clearing cheques still remain.

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The new withdrawal regime further pegged the maximum cash withdrawal per week via Automated teller Machine (ATM) at N100,000 subject to a maximum of N20,000 cash withdrawal per day.

 

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