News
Come home, invest in your land – Akwa Ibom govt urges sons, daughters
Akwa Ibom State government has appealed to prominent sons and daughters across Nigeria and the diaspora to come home and invest their resources for the development of the state and for employment opportunities of the people.
The Commissioner for Trade and Investment, Iniobong Ekong made the appeal while fielding questions from journalists in Itu local government area of the state.
Akwa Ibom, despite being endowed with natural resources, land mass and influential people, is still regarded as a civil service state due to its lack of industry and factories to boost commercial activities.
In a bid to change the narrative the new Commissioner who represented Governor Umo Eno at the event said the state is creating an enabling environment for trade and investment by declaring state of emergency on power, building rural feeder roads for easy access as well as starting the process of reviewing the regulatory framework for ease of doing business which he said it’s on the floor of the state House of Assembly.
Reeling out the benefits of coming home to invest, the governor’s representative said, “The collateral benefits still tell on the collective success of our people. It is even much more if the person trying to make this progress comes from the diaspora. When I got into that facility, I was excited because it’s a step to the elevation of our people in all forms: in employment, in provision of social services, in engagement in trade, in investment in our economy.
“I therefore, challenge others to come home and invest. Come and help your people, build your people, have backbones, East or west, home is home. Nobody will judge you for what you have done in any other place than what you have done at home. Even animals take back their loot to their fox holes so human beings should be able to think back home.”
The commissioner said part of his challenges was how to push such businesses ” to the next gear” saying with the strategic provisions of the Governor, all would be achieved.
He said the project did not only show their commitment to delivering quality water solutions but also their dedication to the people and progress of Itu and Akwa Ibom even as he hoped the project would bring lasting partnership with the people.
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.
IMO STATE LABOUR PARTY DESCENDS INTO FACTIONAL WAR
EFCC evicts Malami from Abuja home amid forfeiture dispute
Fuel price hike: Gov Makinde announces N10,000 transport support for workers
-
Business1 year ago
US court acquits Air Peace boss, slams Mayfield $4000 fine
-
Trending1 year agoNYA demands release of ‘abducted’ Imo chairman, preaches good governance
-
Politics1 year agoMexico’s new president causes concern just weeks before the US elections
-
Politics1 year agoPutin invites 20 world leaders
-
Politics1 year agoRussia bans imports of agro-products from Kazakhstan after refusal to join BRICS
-
Entertainment1 year ago
Bobrisky falls ill in police custody, rushed to hospital
-
Entertainment1 year ago
Bobrisky transferred from Immigration to FCID, spends night behind bars
-
Education2 years ago
GOVERNOR FUBARA APPOINTS COUNCIL MEMBERS FOR KEN SARO-WIWA POLYTECHNIC BORI