News
Yahoo boys are genuineness who needs redirection, not condemnation- Peter Obi
Labour Party’s presidential candidate during the 2023 general election, Peter Obi, has said that most Yahoo boys are geniuses who need redirection, not condemnation.
Obi made these remarks in Onitsha, during a youth-led convention, which he attended as a guest speaker.
“I told the youths that some of our so-called Yahoo boys are geniuses who need redirection, not condemnation. Their creativity and courage, if properly guided, can drive innovation and national development. Our challenge is to channel their energy from deception to productive enterprise,” Obi said in a statement released
He cautioned that Nigeria cannot attain greatness while celebrating corruption and rewarding dishonesty. He compared the current vices to those that which is currently affecting the political class.
He said while money is necessary, it represents only a small part of true wealth, which, he said, rests on integrity, character, and purpose.
“Real wealth uplifts both the individual and society, promotes education, reduces poverty, and creates opportunities for others to live dignified lives,” Obi said.
The former Anambra State governor revealed that he had cut short his travels because he felt the urge to encourage many of the youths upon his arrival from the United Kingdom.
Obi faulted leadership following IMF’s omission of Nigeria from Africa’s top growth list
“I went straight to Onitsha and was glad to be part of the event because it addressed a vice that has eroded our values, the greed for material possessions,” Obi said.
He condemned violence that comes in the form of religious attacks, saying that, whether Christians or Muslims, or traditional worshippers, fairness and merit are what Nigerians need.
“Finally, I reminded everyone that no religion or tribe buys bread cheaper than another. Nigeria is blessed with abundant resources; what we lack is the will to do what is right. Once we embrace justice, fairness, and merit, our nation’s greatness will naturally unfold” he concluded
Former Attorney-General Abubakar Malami says Economic and Financial Crimes Commission operatives forcefully evicted him and his family from their Abuja residence despite ongoing court proceedings over the property’s forfeiture.
He described the action as unlawful and vowed to challenge it in court.
The governor of Oyo state, Seyi Makinde, has approved a N10,000 transportation allowance as a palliative for the state workforce to cushion the effects of the increase in the pump price of Premium Motor Spirit, otherwise known as petrol.
The Chairman of the Nigeria Labour Congress (NLC), Oyo State chapter, Kayode Martins, in a statement released on Monday, March 23, disclosed that the governor has granted the request of the union on the issue of transportation allowance.
The statement read
“Following the intervention and formal request made by the State Council of the Nigeria Labour Congress (NLC) earlier this morning, the state government has approved a N10,000 transportation allowance for all workers in the state.
The newly approved allowance is set to take effect from April 2026, providing much-needed relief to workers grappling with rising transportation costs amid current economic challenges.
This development comes as a direct response to sustained advocacy by the state NLC, aimed at cushioning the impact of increased living expenses on the workforce.
Further details on implementation are expected to be communicated by the relevant government authorities in due course.”
News
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
Justice James Omotosho of the Federal High Court in Abuja, on Monday, March 23, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.
DailyTrust reports that in the judgment delivered, Justice Omotosho held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money laundering charge beyond reasonable doubt.
According to the judge, the defendant is hereby convicted as charged.
Justice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.
The judge, however, ordered that the counts shall run concurrently.
Justice Omotosho, who described Nwabuoku’s act of diverting funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.
The judge observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.
Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021. He became acting Accountant General of the Federation in May 2022.
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EFCC evicts Malami from Abuja home amid forfeiture dispute
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