News
[PICTORIAL] N1.3bn Fraud: General Overseer Acquired Hotel, Others With Subscribers’ Funds – EFCC
Published
3 months agoon
By
EditorInvestigations by the Economic and Financial Crimes Commission, has revealed fresh facts on the alleged criminal activities of the General Overseer of Faith on the Rock Ministry International, Apostle Theophilus Ebonyi.
This was disclosed in a statement posted on the commission’s Facebook page on Wednesday.
According to the statement, Ebonyi acquired a 23-room hotel, a pure water factory, two blocks of a primary school with the proceeds of his alleged fraudulent dealings with his subscribers.
Others include a two bungalow office at Nyanya-Gwandara, New Karu. Abuja and a five-bedroom duplex at Karsana, Abuja.
READ ALSO: Anambra: Fire Guts Timber Market At Nnewi
Ebonyi was also said to have set up a live broadcast channel with studio equipment for his Theobarth Global Foundation with the funds of his subscribers.
The general overseer was arrested in 2023 by the EFCC for allegedly defrauding his church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1,319, 040, 274.31.
He was arrested for defrauding his victims, comprising Non Governmental Organisations, NGOs and individuals by advertising an intervention project through his NGO (Theobarth Global Foundation) claiming that the Ford Foundation was offering a grant of $20bn to assist the less-privileged in the society.
The statement read, “Fresh facts have emerged about the alleged criminal activities of the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, recently arrested by the Economic and Financial Crimes Commission.
READ ALSO: EFCC Arrests General Overseer Over N1.3bn Fraud
“He allegedly hoodwinked his victims to subscribe as beneficiaries of the phony grant by asking them to pay for registration forms and clusters. Each subscriber was made to pay N1.8m. Through this arrangement, Ebonyi allegedly raked in N1,391,040, 274.31.
“His subscribers are innocent and unsuspecting Nigerians and NGOs across the country.
“Investigations by the EFCC showed that Ford Foundation had no arrangement, grant, relationship or business with Ebonyi. The Foundation pointedly disclaimed him and his NGO stressing that it had no link whatsoever with them. The Commission has also traced five properties he acquired as proceeds of his criminal dealings.
“Ebonyi is still reportedly reaching his subscribers on some social media platforms to market his spurious grant from Ford Foundation.”
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News
Lagos, Ondo, Taraba Top In Highest Okada Fares In March – NBS
Published
3 hours agoon
April 28, 2024By
EditorA recent National Bureau of Statistics report shows Lagos, Ondo, and Taraba recorded the highest Okada (motorcycle) fares in March.
The data indicates substantial differences in transportation costs across various Nigerian states.
In March 2024, the average fare for Okada rides per trip in Nigeria rose by 2.15% compared to the same period last year, with fares reaching N472.16, up from N462.21 in March 2023.
This was contained in the most recent National Bureau of Statistics Transport Fare Watch report for March 2024, published on the agency’s website.
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However, fares in Lagos, Ondo, and Taraba states were notably above the national average for March 2024.
Lagos had the highest Okada fare at N850 per trip, with Ondo following at N725 and Taraba at N670, illustrating significant differences in transportation costs across regions.
Imo and Yobe states, with average Okada fares of N655 and N630 respectively for March 2024, ranked fourth and fifth among Nigerian states for the highest motorcycle journey costs per trip.
News
Trouble Looms As OAU Students Threaten Shut Down With FG Over Fuel Crisis
Published
4 hours agoon
April 28, 2024By
EditorThe students’ Union of Obafemi Awolowo University said on Sunday, said the challenges faced by students due to the sudden surge in the pump price of Premium Motor Spirit and the scarcity of the product have reached unprecedented levels.
The President of the union, Abbas Ojo, in a statement released on the campus in Ile-Ife, Osun State, and sent to The PUNCH, urged the Federal Government to immediately address the issues.
The union threatened to hit the streets in protest if the situation persisted.
Since the weekend, queues have surfaced across some filling stations in Ogun and Lagos states as some stations also remained shut.
The PMS also known as petrol has been selling between N700 and N800 at some filling stations. Some persons claim to buy the fuel at prices higher than N800 in Lagos and Ogun with the situation causing a hike in transport fares.
READ ALSO: Residents Displaced As Rainstorms Wreck Havoc In Edo Community
The Nigerian National Petroleum Company Limited had said some supply issues were responsible for the queues, urging customers to exercise patience.
A resident, Tomisin Bakare, who said he bought PMS from a filling station around the Lagos State University-Igando axis stated that he was shocked when the attendant said fuel was N700 per litre.
“This is after I had already spent over 50 minutes in the queue,” he added.
According to the students’s union president, the situation is not different in Osun, particularly around the campus environs where he noted bus drivers had increased fares.
“We, as students, can no longer endure the burden imposed by the government’s economic policies,” Ojo said.
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“Last year, when the decision to remove fuel subsidy became public knowledge, many, including students, harboured doubts about its impact on the nation’s economy. Even those who supported the removal of subsidies were skeptical, given the absence of concrete plans to alleviate the ensuing challenges,” he added.
President Bola Tinubu on May 29, 2023, during his swearing-in, announced the removal of fuel subsidy. Since then, Nigerians have been grappling with harsh economic realities coupled with the depreciation of the naira against the dollar.
“From soaring electricity tariffs to the skyrocketing cost of living, the adverse effects of the government’s capitalist policies have spared no one.
“Despite these challenges, students persist in their pursuit of education and academic endeavours. However, recent events such as fuel shortages and fluctuating prices have left students stranded both on campus and outside campus,” Ojo stressed, noting the students had been pushed to limits.
The union demanded immediate action from the FG to address the fuel scarcity, curb suspected hoarding of fuel, and regulate prices.
“We also demand that the government should revive the country’s refineries. The government must not test our will by not addressing these demands within the next 48 hours. Failure to do so, we shall hit the streets till the government addresses the fuel crisis which constitutes a threat to our academic pursuit,” the statement added.
Popular Gospel singer Morenikeji Adeleke, also known as Egbin Orun, is dead.
Her colleague Esther Igbekele, confirmed the death in an Instagram post on Sunday.
The gospel singer expressed shock and sadness, sayin Egbin Orun departed suddenly without bidding farewell.
According to her, the two had recently spoken, unaware of the impending tragedy.
READ ALSO: How God Saved Me From Firing Squad – Gospel Artiste, Buchi
Igbekele praised Egbin Orun’s beauty, kindness, and strong support for her ministry.
She wrote, “I got home from my program to hear about this great loss.. Prophetess Morenikeji Egbin Orun you left without saying goodbye..
“We spoke together last week not knowing you are about to embark on a journey to the great beyond.. You are such a beautiful and kind hearted woman and a very good supporter of my ministry.
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“I am deeply saddened with your demise but God knows best. You will be greatly missed and your good deeds will continue to linger in our hearts.
“Ah Egbin Orun. Good night! Keep resting in the bosom of Christ.. Ah Gone too soon..Yeeee.”
The cause of her death remains undisclosed and no official statement has been issued.
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