Headline

Reactions Trail $1.1bn Derivation Fund In Akwa Ibom

Published

3 years ago

November 21, 2022

The $1.1 billion (N600 billion) that was said to have been given to the Akwa Ibom State government as arrears of the 13 per cent derivation fund from the Federal Government has continued to generate heat in the state as the people have queried Governor Udom Emmanuel on what he used the money for.

It could be recalled that Rivers State governor, Nyesom Wike had over the weekend revealed that President Muhammadu Buhari approved the payment of arrears of the derivation fund owed since 1999 to Niger Delta states including Akwa Ibom.

Since the revelation was made, Akwa Ibom people have expressed shock that such huge income was received by the state government apart from the monthly Federal allocation and Internally Generated Revenue (IGR) without their knowledge, and are demanding explanations of how the monies were expended.

The governorship candidate of the Young Progressives Party (YPP) in Akwa Ibom State, Senator Bassey Akpan who reacted to Wike’s revelations regretted that despite the huge financial inflow, the state is still in a deplorable state even as he tasked the people to ask questions about how the money was used.

“When I said he(Udom) received N280 billion, they said it was politics. They said I was interested in finance. All the funds that were not paid to South-South states from oil proceeds put together was $2.56 billion. The one paid to Akwa Ibom was $1.1 billion (N600 billion). Udom has received over N3 trillion. But there is nothing to show for it,” he stated.

Also, the National Coordinator, Akwa Ibom Human Rights Community, Clifford Thomas (Esq) in his reaction said there was no justifiable reason why Governor Emmanuel never mentioned to Akwa Ibom citizens the amount he legitimately collected on behalf of the state as arrears of the derivation fund.

“It is just a matter of showing us how much you have collected. The fact that you did not disclose it to us means that you had the intention to steal. Proper disclosure presupposes that you are transparent and accountable to the people. Where a government is not accountable and transparent to the people, it thereafter means that there’s no probity in your council and it is against human rights,” he said

He said further: “Again, I know that the propriety of coming to disclose at this critical time is challenging but the fact remains that it was disclosed from credible sources that over $1.1billion was given to Akwa Ibom State as arrears of 13 per cent derivations from 1999 till now, then what is the propriety of hiding money that came to you legitimately.”

Commenting on the fund received, Professor of Economics, University of Uyo, Prof. Edet Akpakpan, said it was expedient for the people to demand from the government what the money received was used for, saying the question was a legitimate one to ascertain if the funds were judiciously used.

“I have heard the information that Governor Wike has given the whole world. What we in this part of the country should do is ask our government, if they received that kind of money, what exactly do they do with the money? I think this is a legitimate question to ask.

“I will not from my library conclude that nothing has been done. I have heard that they have done a number of things in some local governments, for instance, Onna, but we need to be concrete.

“Governor Wike has commissioned nine or 10 flyovers and these are fantastic things, when we talk of infrastructure, that is what it should be. I have seen a tower here in Uyo, I don’t know what the building will serve.

“I have not asked questions; any time I decide to do a research on the economy of the State, I will ask these questions. But as a private person, what we need to do is to ask the government what has happened, have they received the money, what have they done with it?” he stated.

Efforts to get the Commissioner of Finance, Mr Linus Nkan to comment on the receipt of the derivation fund failed as he was yet to pick up his phone calls at the time of filing the report.

It was gathered that the governors of Delta and Bayelsa states had since addressed the press, notifying their people of the received fund, but in Akwa Ibom State, the government is yet to speak on the matter, leaving the people in the dark.

Headline

Nigerian Man Pleads Guilty In US To $405,000 Romance Scam Against American Women

Published

1 day ago

August 30, 2025

Editor

A40-year-old Nigerian man, Daniel Chima Inweregbu, has pleaded guilty in the United States to charges of conspiracy to commit mail and wire fraud, as well as money laundering, in connection with a romance scam that defrauded American women of more than $405,000.

The United States Attorney’s Office for the Eastern District of Louisiana, in a statement on Thursday, said Inweregbu and his co-conspirators ran the scheme between July 2017 and December 2018, using a fake online persona named “Larry Pham” to lure victims on dating sites and social media targeting US citizens.

Acting U.S. Attorney Michael M. Simpson said that Inweregbu, described as a citizen of Lagos, Nigeria, pleaded guilty on August 21, 2025 before United States District Judge Nanette Jolivette Brown to two of the counts pending against him.

The counts which include conspiracy to commit mail fraud, wire fraud, and using an assumed name to commit a mail fraud scheme, Attorney Simpson said were in violation of Title 18, United States Code, Sections 1341, 1342, 1343 and 1349 (Count 1), and conspiracy to commit money laundering, in violation of Title 18, United States Code, in violation of Title 18, United States Code, Sections 1956(a)(1)(B)(i), 1957, and 1956(h) (Count 12). INWEREGBU’s plea stemmed from his role in a lengthy romance scam targeting American citizens.

According to court documents, a “romance scam” was a confidence scheme in which the perpetrator feigned romantic intentions towards a victim, gained their affection, and used the victim’s goodwill to commit fraud.

“These fraudulent acts might involve such acts as obtaining access to the victim’s money, bank accounts, credit cards, passports, e-mail accounts, or national identification numbers; convincing the victim to transmit things of value to the perpetrator or his witting or unwitting co-conspirators; or inducing the victim to, unintentionally, commit or participate in the commission of financial fraud against third parties on behalf of the perpetrator,” the statement read.

It added, “Between at least July 1, 2017, and December 16, 2018, Inweregbu, and his co-conspirators, devised and operated a “romance scam” whereby they sought to obtain money and property from multiple American women, including 4 victims, by means of false and fraudulent representations and promises.

“Specifically, Inweregbu and his co-conspirators created profiles on social media and online dating sites using the alias “Larry Pham,” purportedly a middle-aged male, to attract middle-aged female victims.

“The co-conspirators, including Inweregbu, used online messaging platforms and email, to contact victims, introduce themselves, and appeal to victims’ longing for companionship. If the victim responded favorably, Inweregbu and his co-conspirators began to cultivate a romantic relationship that emotionally attached the victims to “Larry Pham.”

“Once the relationship was established, the defendant and his co-conspirators, posing as Larry Pham, requested victims send them money under various scams and ruses to domestic bank accounts they opened and managed. Inweregbu’s scheme resulted in actual and intended losses to the victims of over $405,000.

“Thereafter, Inweregbu and his co-conspirators laundered the funds, by conducting financial transactions using the proceeds of their wire and mail fraud scheme, designed in whole or in part to conceal and disguise the nature, location, source, ownership, and control of the proceeds, by directing the victims’ funds through intermediaries.

“Inweregbu faces up to twenty years in prison, up to three years of supervised release, and up to a fine of $250,000 as to Count 1. He faces up to twenty years in prison, up to three years of supervised release, and up to a fine of $500,000 as to Count 12. He also faces payment of a $100 mandatory special assessment fee per count. Sentencing before Judge Brown has been scheduled for December 4, 2025,” the partly read.

Acting U.S. Attorney Simpson, according to the statement praised the work of the Federal Bureau of Investigation in investigating this matter and expressed appreciation for the great support provided by United States Department of Justice Office of International Affairs and the United States Department of State.

“Assistant United States Attorney Jordan Ginsberg, Chief of the Public Integrity Unit, is in charge of the prosecution,” the statement noted.

Headline

UK Bars Over 100 Job Roles From Foreign Recruitment To Curb Migration

Published

1 day ago

August 30, 2025

Editor

The British government has unveiled major immigration reforms, blocking foreign workers from filling more than 100 job categories in a move aimed at reducing net migration.

The Home Office, in a statement posted on X Saturday morning, said the decision was geared towards creating more opportunities for local citizens while restructuring the visa regime.

“Cutting net migration means getting the fundamentals right.

“More than 100 occupations are no longer eligible for overseas recruitment – opening up more jobs for British workers. A fairer, skills-focused system is now taking shape,” the Home Office stated.

This policy marks the latest immigration clampdown under Prime Minister Sir Keir Starmer, who assumed office on July 5, 2024, after Labour’s sweeping election win that ended Rishi Sunak’s tenure.

However, the measure has drawn criticism, with opponents warning it could deepen staffing shortages in critical sectors such as healthcare and social services.

The Home Office has not yet published the full list of restricted occupations.

Headline

PM Killed In Israeli Strike, Say Yemen’s Huthis

Published

1 day ago

August 30, 2025

Editor

The prime minister of Yemen’s Huthis was killed in an Israeli airstrike along with other officials earlier this week, the Iran-backed rebels announced on Saturday.

Ahmed Ghaleb Nasser Al-Rahawi, who was appointed last year, is the most senior official known to have been killed in a series of Israeli strikes during the war in Gaza.

“We announce the martyrdom of the fighter Ahmed Ghaleb Nasser Al-Rahawi… along with several of his ministerial colleagues, as they were targeted by the treacherous Israeli criminal enemy,” a Huthi statement said.

“Others among their companions were injured with moderate to serious wounds and are receiving medical care since Thursday afternoon,” it added.

The Israeli military struck in the area of Sanaa, the Huthi-held capital, on Thursday. The Huthis, claiming solidarity with the Palestinians, have frequently fired missiles and drones at Israel during the Gaza war.

Israeli forces “struck a Huthi terrorist regime military target”, the Israeli military said at the time.

The Huthis have also targeted shipping in the Red Sea and the Gulf of Aden, which they claim is linked to Israel during the Gaza war.

The rebel group controls large parts of Yemen, which has been gripped by war since 2014, and is part of Iran’s anti-Israel alliance alongside militant groups across much of the Middle East.