News
We Rescued Catholic Bishop Unhurt, Without Ransom, Says Imo Police
The Imo State Police Command has announced the rescue of the Auxiliary Bishop of the Catholic Archdiocese of Owerri, Moses Chikwe, who was abducted about a week ago.
This is according to a press statement signed by the state’s Police Public Relations Officer, SP Ikeokwu Godson Orlando.
The statement in details:
The Auxiliary Bishop of the Catholic Archdiocese of Owerri, Bishop Moses Chikwe has been rescued unhurt as a result of a sting operation embarked upon by the tactical squad of the Command led by the Anti Kidnapping Unit.
Recall that on 27/12/2020, the Auxiliary Bishop was kidnapped together with his driver, and the hoodlums went ahead to kidnap one Chioma Stephenie Ekwedike ‘f’ aged 33yrs at Imo Housing Estate Umuguma, Owerri West LGA in front of her residence.
Pursuant to the above, the Head and the Officer in Charge of the state Police Command, newly promoted AIG ISAAC O. AKINMOYEDE, activated all the tactical teams in the Command, and charged them to rescue the Bishop and others, and arrest the hoodlums responsible for the act.
Acting on the said directive a combined unit of all the tactical teams on the 31st December, 2020 stormed Awara, Ohaji/Egbema LGA and Omuku creeks. Few persons positively linked to the crime/criminals were arrested, and some incriminating items recovered.
The arrest of the suspects and other coordinated operations by the Command led to the kidnappers abandoning victims, leading to rescue of the bishop and two other victims unhurt and without payment of any ransom. Efforts are ongoing to arrest the fleeing members of the notorious kidnapping syndicate.
It is noteworthy to mention that an online media platform last week came up with the news of the death of the Bishop. In the online report, it was claimed that the Auxiliary Bishop was beheaded and his head and decapitated body recovered somewhere in Anambra state. The Command therefore wish to warn against such speculative and junk reportings especially in social media as such is capable of causing breach of peace.
The Command also wishes to commend the public and the Christian community for the calmness during the period of this travail and the confidence reposed in the Nigeria Police to resolve the crime. We however wishes to assure everyone that the Command remains capable of protecting all law abiding citizens of the state.
Members of the public are reminded that all incidents within their area must be promptly reported to the Police especially incidents of grievous nature or heinous crimes.
The Command also calls for information from the members of the public concerning crime and criminalities in their area to enable the police take prompt and decisive actions.
News
2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate
All Progressives Congress (APC) governorship aspirant in Lagos State, Samuel Ajose, has declared that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council (GAC) will not stand.
GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election.
The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle.
Speaking after the session, GAC leader, Tajudeen Olusi, said members unanimously agreed on Hamzat, expressing confidence in his ability to sustain and build on the state’s developmental progress.
Olusi explained that the meeting was convened to deliberate on the party’s forthcoming primaries and assess the governorship position ahead of the 2027 elections.
Speaking about the GAC adoption of Hamzat as Lagos APC consensus 2027 governorship candidate on Arise News on Tuesday, Ajose said that Sanwo-Olu and others are trying to force President Tinubu into making a decision.
“I don’t think our president, Asiwaju Bola Ahmed Tinubu, is giving in to what they are doing.
“What they are just trying to do is to coerce him into taking a decision, and I don’t think that decision will stand.”
News
Reps Approve Tinubu’s Fresh $516.3m Loan Request
The House of Representatives has approved President Bola Tinubu’s request to borrow Five Hundred and Sixteen Million, Three Hundred and Thirty-three Thousand, seven ($516,333,007) US dollars in syndicated financing from Deutsche Bank AG.
The House approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.
The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.
President Tinubu wrote to the lawmakers, seeking a $516.3 million loan from Deutsche Bank to support the construction of the road.
The president said the loan, to be sourced from a syndicated financing facility by Deutsche Bank, will fund sections 1, 1A, and 1B of the project, which covers about 120 kilometres.
Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the federal government to secure the financing for Sections 1, Phase 1A, and Phase 1B of the project.
The project is a flagship initiative of Tinubu’s Renewed Hope Agenda and is targeted at enhancing national connectivity, improving the movement of goods across key economic corridors, and drastically shrinking travel time.
The 1,000-kilometre project will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.
According to him, the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
He said the Federal government will provide counterpart funding of over N265 billion for land acquisition, compensation, and related infrastructure.
The former Lagos governor said the loan is structured for nine years and includes a three-year grace period.
It has an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.
Already, the Federal Executive Council has approved the financing plan.
News
EFCC Arrests Ex-Skye Bank Chair, Tunde Ayeni over Nbillions Fraud Allegations
Operatives of the Economic and Financial Crimes Commission have arrested a former chairman of defunct Skye Bank Plc, Tunde Ayeni, over alleged money laundering, misappropriation and diversion of funds amounting to N36.54bn and $30m.
Ayeni, a businessman, was arrested in Abuja on Thursday, and is currently being held at the commission’s facility.
The arrest followed an EFCC probe into alleged misappropriation and diversion of funds said to have been obtained from Polaris Bank through multiple entities linked to him.
“Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a former board chairman of defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m.
“Ayeni was arrested sequel to the investigation of the EFCC into alleged misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m obtained from Polaris Bank Plc by different entities linked to him.
“The funds were loans obtained allegedly for specific investment projects but subsequently transferred to other entities’ accounts. Investigations showed that, though the loans were obtained for purposes such as finance of marine security activities, electricity distribution contract, estate development, they were diverted to the NITEL/MTEL asset acquisition through NATCOM account,” one of the sources said.
Another source said the commission is currently probing 12 companies allegedly linked to Ayeni, which it said were used to obtain the loans from Polaris Bank.
“Twelve different companies linked to Ayeni are being investigated by the EFCC. They are entities he allegedly used to obtain loans from Polaris Bank for his shady activities. The loans are depositors’ funds fraudulently obtained and frittered into diverse wasteful purposes. Ayeni will be arraigned in due course upon conclusion of investigations,” the source said.
When contacted, EFCC spokesman Dele Oyewale confirmed the arrest but declined to give further details.
The Punch






