Ibori: Why FG Reluctant To Return Fund To Delta State
As the federal government is reluctant to release the looted fund by the former governor of Delta State, James Ibori who looted a lot of money meant for the development of the state.
A picture is currently trending, which shows the three governors that have been ruling the south-South state since 1999. James Ibori ruled for 8 years and passed on to Uduaghan who later passed the baton to Okowa.
The three governors shared close similarity and there is a high probability that the looted fund if return to the state might be looted by the Ibori's boys.
It is instructive to note that, the Federal government has said the fund will be used to finish three major project in the country which are the lagos-Ibadan expressway, 2nd Niger bridge and Abuja-Kano way
Campaign Fund: Osun LP Chairman Suspended
Sequel to the alleged mismanagement of the campaign fund during the last election, the Osun State chapter of the Labour Party (LP), on Tuesday suspended its chairman, Comrade Bello Adebayo for alleged mismanagement of N34 million meant to finance presidential election campaigns and other political activities in the state.He was replaced with Mrs. Suzan Oluwayemi Ojo who has been mandated to run the affairs of the party in an acting capacity pending the election of a...
Cashier remanded in prison for not remitting company's fund
One cashier named Olasumbo Sammie, was on Monday arraigned for allegedly running away with proceeds of shaving sticks and blades worth N1.8m belonging to her employer.Sammie, 29, who was employed as a cashier in 2022, was alleged to have sold the shaving sticks and blades but failed to remit the proceeds to her employer.The defendant was arraigned by the police before a Magistrates’ Court sitting in Yaba, Lagos State on two counts of stealing.The prosecutor, Thomas...
NASS Sets To Pass Bill That Limit Electioneering Fund
The Committee on Electoral Matters laid its report on the Electoral Act, 2010 (Amendment) Bill at the plenary on Wednesday has submitted a bill that will limit the amount being expended and donated for election campaign in the country.The Chairman of the committee, Aisha Dukku, prayed the House to receive the report on: ‘A Bill for an Act to Repeal the Electoral Act No. 6, 2010, and enact the Electoral Act, 2021, to Regulate the Conduct of Federal, State and Area Co...
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