Connect with us


Alleged impersonation: Detained Kaduna LP factional chairman granted bail



By Idibia Gabriel, Kaduna

Factional chairman of Labour Party (LP) in Kaduna state, Pastor Peter Hassan, who was detained by the police for alleged impersonation has been granted bail.

Pastor Hassan was also accused of collecting N2 million from the Southern Kaduna Senatorial candidate of the LP Engr. Michael A. Auta in his capacity as the state party chairman of LP.

The accusation was levelled against Mr Hassan at the party office opposite Queen Amina Collage on Monday during a meeting involving executive and some candidates of the party.

Mr. Hassan was there in reported to the police and detained at the Aerial Police division in Kakuri on Monday on charges bothering on alleged impersonation as LP state chairman and for collecting N2 million from the Engr. Auta.

Our correspondent reported that while Engr. Auta accused Pastor Hassan of alleged dupped of N2 million, LP state party exco testified against Peter Hassan of impersonating as state chairman.

Mr Hassan was recently declared suspended over alleged gross misconduct by the party exco in an elaborate statement signed the state secretary Mr. John Dominic Buayin and the deputy state chairman Group capt Peter Haruna. Rtd.

Although the spokesman of Kaduna state police command DSP Mohammed Jalige could not respond when contacted, LP exco member who pleaded anonymity said the accused person also pleaded not guilty of the allegations leveled against him.

The police, according to the state party exco, has therefore arraigned the parties in court for mentioning on a date yet to be confirmed.

According to the representative of LP, the accused was detained immediately after testified against him in the police station.

Pastor Peter was reportedly brought into the LP some years back by the then deputy chairman of the party, Group Capt Peter Haruna (rtd), as secretary.

Mr. Hassan later hijacked the structurewhen the then chairman was elevated to national secretary of the party, and single handedly conducted election and imposed himself as chairman without INEC, Police and media supervision and presence, LP said.


Tinubu approves take-off of N100bn consumer credit for Nigerians



President Bola Tinubu has approved the commencement of the N100 billion Consumer Credit Scheme for Nigerians amid escalating economic hardship in the country.

Ajuri Ngelale, the President’s spokesperson, disclosed this in a statement on Wednesday.

He stated that interested Nigerians are expected to visit the portal of Nigerian Consumer Credit Corporation before May 15, 2024.

“Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, which are essential for ongoing stability and the pursuit of their aspirations.

“Individuals build credit histories through responsible repayment, unlocking more opportunities for a better life. The increased demand for goods and services also stimulates local industry and job creation.

“The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision.

“The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following: Strengthening Nigeria’s credit reporting systems and ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit, Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today and Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility.

“In line with the President’s directive to expand consumer credit access to Nigerians, the Nigerian Consumer Credit Corporation (CREDICORP) has launched a portal for Nigerians to express interest in receiving consumer credit.

“This initiative, in collaboration with financial institutions and cooperatives nationwide, aims to broaden consumer credit availability.

“Working Nigerians interested in receiving consumer credit can visit to express interest. The deadline is May 15, 2024.

“The scheme will be rolled out in phases, starting with members of the civil service and cascading to members of the public,” the statement said.

Recall that two months ago, a presidential spokesman, Bayo Onanuga, announced that the Federal Executive Council had given the nod for the establishment of the Consumer Credit Scheme.

He said the President’s Chief of Staff, Femi Gbajabiamila, will lead a committee that includes the Budget Minister, Attorney-General, and Coordinating Minister of the Economy and Finance to make the scheme a reality.

In March, the Chairman of the Federal Inland Revenue Service Chairman, Zacch Adedeji, said the Nigerian government would unveil its proposed N100 billion consumer credit loan in a few days.

Continue Reading


Nigerian Govt grounds Dana Air operations



The Nigerian Government has suspended the operations of Dana Air.

The order followed an incident involving a Dana Air plane at Lagos airport on April 23, which forced aviation authorities to divert flights from local to international airport.

The decision was announced by Minister of Aviation, Festus Keyamo.

Details shortly…

Continue Reading


CBN disowns notice on cryptocurrency transactions



The Central Bank of Nigeria says a notice circulating on social media about the risk of cryptocurrency is fake news.

The Apex disclosed this via its official X account, urging the public to disregard the purported notice for all Deposits Money Bank, Non-Bank Financial Institutions, and other Financial Institutions.

The notice reminded “Institutions that dealing in cryptocurrencies and facilitating payments for cryptocurrency exchanges is prohibited”.

However, CBN said the content doesn’t originate from it.

“This information does not originate from the Central Bank of Nigeria.

“For authentic updates, please visit the official website,” CBN wrote.

Recall that the CBN governor, during the Bank’s 293rd Monetary Policy Committee meeting, said over $26 billion funnelled through Binance.

On Tuesday, the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, said the anti-graft agency froze about 300 accounts to ensure the safety of the foreign exchange market.

The Nigerian government had continued clamping down on Binance and other cryptocurrency platforms amid efforts to defend the Naira in the foreign exchange market.

Continue Reading