News
Dangote Breaks Silence On EFCC’s Raid Of Its Headquaters
Contrary to speculations in some sections of the media that the officials of the Economic and Financial Crimes Commission (EFCC), carted some documents away from its head office, last Thursday, the management of Dangote Industries Limited (DIL), has debunked the claim, stating that the officials truly visited, but left the office without any document.
In an advertorial published in some National dailies, the Management of DIL stated that EFCC officials truly came to its head office on the 4th of January 2024, and left after some time. The statement revealed that the officials did not take any documents with them as its staff, were in their office with the said documents already. “…our team took the first batch of documents to the EFCC, on the same day they visited us. The officers, who saw our staff in their office did not accept the documents, insisting on visiting our offices.
“Whilst our representatives were still at the EFCC’s office to deliver the documents, a team of their officers proceeded to visit our offices to demand the same documents in a manner that appeared designed to cause us unwarranted embarrassment. Worthy of note is the fact that the officials did not take any documents or files from our Head office during their visit as these were already in their office.”
READ ALSO: Emefiele: EFCC Operatives Raid Dangote Head Office In Lagos
The Management asserted that the company did not have anything to hide as it operates open and transparent transactions.
“The documents they wanted were from 2014, about 10 years ago and we sought clarification on the subsidiaries or companies within the Group that they required information on and pleaded for time, to be able to put all the documents together.
“However, the EFCC did not provide the clarification sought and did not honour the request for an extension and insisted on receiving the complete set of documents within the limited timeframe.”
Despite the constraints, DIL Management through the advertorial stated that: “We assured the EFCC of our commitment to providing the information and pledged to share documents in batches as we complete the compilation.”
“As a law-abiding and ethical corporate citizen, we remain committed to providing the EFCC with all necessary information and cooperation. We have already delivered the first batch of documents and are actively working to compile and submit the remaining documents, in good time, to aid their investigation.”
News
Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read
The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.
Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.
According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.
READ ALSO: “They Chase Me I Dey Chase Dream,” Portable Hints On June US Tour
While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.
She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.
READ ALSO: FG, States, LGs Share N1.2tn In May
She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.
She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.
Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.
News
NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks
The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.
The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.
Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”
READ ALSO: FG, States, LGs Share N1.2tn In May
He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.
Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”
Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.
News
JUST IN: 36 Speakers Back State Police
Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.
The Speakers made their resolution known at the end of their meeting in Abuja.
The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.
READ ALSO: Military Declares Nigerien Terrorist Wanted For Zamfara Killings
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