NDLEA arrests mother of 3 with 100 cocaine wraps
By Gistflash News
July 4, 2021
National Drug Law Enforcement Agency (NDLEA) has arrested a Brazil- based Nigerian with 100 pellets of cocaine concealed in her private part and handbag at the Nnamdi Azikiwe International Airport (NAIA), Abuja.
Mr Femi Babafemi, Director, Media and Advocacy, NDLEA, said this in a statement made available to News Agency of Nigeria (NAN) on Sunday in Abuja.
Babafemi said the suspect, Mrs Anita Ugochinyere Ogbonna, a mother of three, was arrested on Friday night on arrival in Abuja via Qatar Air from Sao Paulo, Brazil through Doha.
He said upon a proper search, 12 wraps of cocaine inserted in her private part were extracted, while another 88 pellets stuffed in socks were discovered hidden in her handbag.
According to him, during interrogation, Mrs Ogbonna who is a mother of three children, all resident in Brazil, claimed she lost her husband three years ago.
“She confessed she decided to traffick the illicit drug to raise money for the burial of her father scheduled for July 22 in Imo.
“She said one Emeka, alias KC also based in Brazil gave her the drug to deliver in Nigeria for a fee of 3,000 dollars.
”She said she pushed the wraps of cocaine into her private part after her attempts to swallow the pellets failed, ” Babafemi said.
The spokesperson said the suspect who owned a shop where she sell African foodstuffs in Brazil, further claimed she had to drop her three young children with a Kenyan lady.
In a related development, Babafemi said that narcotic officers attached to a courier company in Lagos intercepted 500grammes of ketamine.
He said it was concealed in the walls of a wooden box filled with bitter kola that originated from Douala, Cameroon and heading to the U.S.
He added that another 500grammes of methamphetamine hidden in automobile parts going to Australia was also seized at the firm.
Babafemi said also that over 410 kilogrammes of assorted illicit drugs was intercepted and seized by NDLEA operatives in Plateau and Kwara.
He said a commercial bus with registration number EKY 184 CQ Lagos was intercepted in Plateau with Diazepam weighing 39kg; Exol-5 tablets weighing 35kg and 1.7kg of Flumtrazepam tablets discovered in the vehicle.
“A follow up operation led to the arrest of a drug dealer, Livinus Nnadi at Bauchi motorpark on June 26.
“While on the same day, a blue Sharon minibus with registration number FKG 539 GR, going to Bauchi from Jos was also intercepted and 7.9kg of pentazocine injection recovered from it.
“In the same vein, operatives of the Kwara command of the agency have recovered 67.2kg of Tramadol heading to Benin republic at a checkpoint close to Ilesha in Osun,” he said.
Babafemi said that a 53-year-old drug trafficker, Zakiru Abdullahi was also arrested on Ilorin-Jebba highway on Thursday July 1, with 260kilogrammes of pentazocine injection meant for Kaduna.
Reacting to all the successful operations, Chairman, NDLEA, retired Brig. Gen. Buba Marwa commended officers and men of Abuja airport, Plateau, Kwara commands of the agency.
Marwa also commended those in the Directorate of Investigations and Operations (DOGI), attached to the courier firms for their diligence and commitment to work.
“Let me again commend all the gallant and vigilant officers and men in these commands and DOGI for their resilience and commitment to the mandate President Muhammadu Buhari has given us in the agency.
“This in which is to rid our towns, communities and even forests of illicit drugs and the criminal elements profitting from the unconscionable trade.
“With the recent launch of the War Against Drug Abuse (WADA), we must all aim for the ultimate goal of winning this battle sooner than expected. We can and we must, ” he said.
CBN Sells Polaris Bank To SCIL
The Central Bank of Nigeria (CBN) has announced the completion of the sale of shares in Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor.
In a statement signed by its Director, Corporate Communications Department, Osita Nwanisobi, the CBN said that SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement, including the full repayment of the sum of N1.305 trillion, being the value of the bonds, which as part of its intervention, in 2018, to revoke the licence of the former Skye Bank Plc. and establish Polaris Bank to assume its assets and certain liabilities, the banking industry regulator injected into Polaris through the Asset Management Corporation of Nigeria (AMCON) and is to be repaid over a 25-year period.
The statement reads: “The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) are pleased to announce the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’).
“Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria intervened to revoke the licence of the former Skye Bank Plc. and established Polaris Bank to assume its assets and certain liabilities. As part of the CBN intervention, consideration bonds with a face value of N898 billion (future value of N1.305 trillion) was injected into the bridge bank through AMCON, to be repaid over a 25-year period.
“These actions were taken to prevent the imminent collapse of the bank, enable its stabilisation and recovery, protect depositors’ fund, prevent job losses and preserve systemic financial stability. SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement which include the full repayment of the sum of N1.305 trillion, being the consideration bonds injected.
“The CBN thus received an immediate return for the value it has created in Polaris Bank during the stabilisation period, as well as ensuring that all funds originally provided to support the intervention are recovered. The sale was coordinated by a Divestment Committee comprising representatives of the CBN and AMCON, and advised by legal and financial consultants. The Committee conducted a sale process by ‘private treaty’, as provided in Section 34(5) of the AMCON Act to avoid negative speculations, retain value and preserve financial system stability.
“In the process, parties who had formally expressed an interest in acquiring Polaris Bank, subsequent to the CBN intervention in 2018, were invited to submit financial and technical proposals. Invitations to submit proposals were sent to 25 pre-qualified interested parties, out of which three parties eventually submitted final purchase proposals following technical evaluation. All submissions were subject to a rigorous transaction process from which SCIL emerged as the preferred bidder having presented the most comprehensive technical/financial purchase proposal as well as the highest rated growth plans for Polaris Bank.”
The CBN Governor, Mr. Godwin Emefiele, was quoted in the statement as saying that: “This sale marks the completion of a landmark intervention in a strategic institution in the Nigerian banking sector by the CBN and AMCON. We commend the outgoing board and management for their vital role since the bridge bank was established; in stabilising the Bank’s operations, its balance sheet and implementing strong governance structures to address the issues that led to the intervention.
“This process has provided the CBN with an unprecedented opportunity to recover its intervention funds in full and promote financial stability and inclusive growth. We wish SCIL well as they implement growth plans to build the bank from the strong foundations that have been established.”
Media Intelligence agency Marks Six years of Operation in Nigeria
Media Intelligence agency Marks Six years of Operation in Nigeria.
P+ Measurement Services, Nigeria’s foremost Independent Public Relations measurement and evaluation agency, celebrates its sixth year of effective operation with qualitative offerings for its numerous clients, as it rebrands with a new business logo, website, and office to deepen penetration.
The leading company has in the past six years engendered the needed growth for its clients, and the rebranding is part of efforts aimed at sustaining its leading position in the sector, having worked with over 47 brands and 17 Public Relations agencies in Africa’s largest economy.
The logo with new colors depicts the innovation and creativity of the brand, as also shown on its new website with the agency service rate, to enable brands and agencies to make faster decisions in budgeting.
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As the only AMEC Member in Nigeria, P+ has strong partnerships with the Nigerian Institute of Public Relations (NIPR) and Reelforge Media Monitoring, the biggest media monitoring agency in the East African region, covering more than five countries.
Speaking on the company’s new development, the Chief Insights Officer, Philip Odiakose, said P+ is strongly positioned to effectively deliver on its offerings, with state-of-the-art structure, process and highly skilled media analysts in an exceptional and value-driven business model in line with global best practices.
“Our Measurement and Evaluation report is in-depth, robust, and flexible to accommodate valid metrics that brands desire to see reflected in their customized reports, and also based on the AMEC Standard in accordance with the Barcelona Principle 3.0. We deploy the P+MCA (media content analysis) methodology for media evaluation and analysis based on qualitative and quantitative metrics in analyzing media exposure,” Odiakose affirmed.
He said the new office would serve as a hub in the country and the West Africa sub-region, where the company will provide media monitoring, measurement, evaluation, and performance audit services for brands, media agencies, government agencies and NGOs.
Also as part of its efficient services, the measurement and evaluation company introduced “Get-Reports,” a novel product that allows the purchase of PR performance audit reports in key sectors.
The “Get-Reports” product spans across different industries which includes the 22 Commercial Nigerian Banks PR Performance Audit Report, Top Nigerian Insurance PR Performance Audit Report, Top Nigerian Digital Banks PR Performance Audit Report, and Top Online Streaming Services PR Performance Audit Report.
It’s not too late for NASS to revisit e-transmission of election results – SAN
By Gistflash News
Sept 26, 2021
The clause 52(2) of the bill gives the Independent National Electoral Commission (INEC) the discretion to determine when, where and how voting and transmission of results will be done.
The Senate had ruled out the possibility of having results transmitted electronically when it voted that the NCC, with the National Assembly’s approval, would determine whether INEC could transmit results electronically or not.
Similarly, the House of Representatives, on July 16, passed the Electoral Act (Amendment) Bill, maintaining the controversial Clause 52(2) as presented amidst protests, especially by members of the minority caucus.
After the passage of the bill, the Speaker, Mr Femi Gbajabiamila, criticised the proposed electronic transmission of election results, saying it was not feasible in the country for now.
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