01/17/19

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Latest Reality Blog is a legal blog where you are updated on online latest news, gist, entertainment, events, motivational text, and genue articles.
EFCC Boss, Ibrahim Magu

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, has said that between 1970 and 2008, about $217.7 billion was stolen from Nigeria’s treasury.

Magu said this during the conference of Online Publishers Association of Nigeria, held in Abuja.

Represented by the EFCC Spokesman, Tony Orilade, Magu said: “In February 2015, a High-level panel on illicit Financial Flows from Africa constituted by the African Union under the chairmanship of the former President of South Africa, Thabo Mbeki, revealed that Nigeria ranked first among 10 African countries by Cumulative Illicit Financial flows between 1970 and 2008.

“The total outflow from Nigeria for the period was $217.7 billion, constituting about 30.5 per cent of Africa’s total share.”

Magu also said the investigation, arrests, prosecution and asset recoveries undertaken by EFCC over the years confirmed that the level of corruption in Nigeria was truly staggering.
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Latest Reality Blog is a legal blog where you are updated on online latest news, gist, entertainment, events, motivational text, and genue articles.

Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party, PDP has come under attack over plans to sell NNPC if elected as president in 2019.

Atiku, Wednesday, described the Nigerian National Petroleum Corporation, NNPC, as a “Mafia organization.”

Speaking during an interactive session with the business community in Lagos, the former Vice President declared that he would privatise NNPC even if doing so would cost him his life.

Atiku’s comment has since stirred diverse reactions from Nigerians on Twitter:

While some are at home with his plan to privatise NNPC, others are against it, describing it as a plan for PDP to loot funds.
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Latest Reality Blog is a legal blog where you are updated on online latest news, gist, entertainment, events, motivational text, and genue articles.

Members of the Ekiti State House of Assembly have impeached the Deputy Speaker of the House, Mr Segun Adewumi.

Mr Adewumi was removed by the lawmakers on Thursday in Ado Ekiti over an allegation of gross misconduct, Channels Tv reports.

The lawmakers, thereafter, elected Olamiposi Omodara as the new deputy speaker.
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Latest Reality Blog is a legal blog where you are updated on online latest news, gist, entertainment, events, motivational text, and genue articles.

The Minister of Labour and Employment, Dr Chris Ngige, says the proposed new National Minimum Wage will be presented to the National Council of State on Jan. 22.
Ngige disclosed this while speaking with State House correspondents after the National Economic Council meeting presided over by Vice President Yemi Osinbajo, at the Presidential Villa, Abuja on Thursday.
The minister said work was still ongoing on the figure, frequency of review, those to be exempted and everything about the bill before it would be ready for transmission to the National Assembly.
“The information minister told you the other day after the Federal Executive Council meeting that we are taking our deliberations to the National Economic Council and then we close up on the 22nd (Jan. 22) at the National Council of State.
“After that, we will be able to say where we are going.
“It is not a question of governors saying they cannot pay N30, 000, discussions are still ongoing and will terminate on 22nd when we meet with the National Council of State.
“Governors are part of Nigeria and they are part of the government’s side of the public sector; so do not disengage them or dis-articulate them from the Federal Government.
“The public is the Federal Government and the state government, and even the local government,’’ Ngige said.
The minister, however, said that the plan was to transmit the National Minimum Wage Bill to the National Assembly on or before Jan. 23 in consonance with the agreement with labour.
On his part, Gov. Atiku Bagudu of Kebbi State, said that the governors were after a National Minimum Wage legislation that “could work.’’
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Latest Reality Blog is a legal blog where you are updated on online latest news, gist, entertainment, events, motivational text, and genue articles.

An Abuja High Court sitting in Maitama on Thursday ordered the police to show cause over it’s continued detention of Sen. Dino Melaye.
Melaye, the senator representing Kogi West in the National Assembly, who has been in police custody since Jan. 4, approached the court for enforcement of his fundamental right.
Justice Yusuf Halilu gave the order after Melaye’s counsel, Chief Mike Ozekhome (SAN) informed the court that his client has been in police custody since Jan. 4 against what the law stipulated.
“We are talking about the liberty of a citizen not because he is a senator of the Federal Republic of Nigeria, but a citizen, this is contrary to sections 35 and 36 of the Constitution of Nigeria.
“If you keep a man for 13 days you have already presumed him guilty, ” he submitted.
Mr Simon Lough, the respondent counsel, told the court that he only got the motion on notice on Jan. 16, and needed five days according to law to reply.
He added that he was and not aware of the order to show cause.
He said though Melaye was in the police custody, he as the counsel, does not have the power to effect his investigation which was ongoing, preparatory to charging him to court.
Lough therefore prayed the court for an adjournment to enable him file and serve his reply before Jan. 18.
The judge explained that the police was put on notice to come and show cause why the detained senator should not be granted bail.
“The court was approached by the police for his custody and the court granted it, and now the court ordered that the police should come and explain why he would not be released.
“I granted an order on Jan. 14, that the police should come and show cause,’’ the judge said.
He, however, adjourned hearing till Jan. 18, to enable the respondent file his reply on the applicant.
Both parties agreed to the application for adjournment prayed by the respondent.
The judge further ordered the respondent to serve the applicant all the processes today.
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