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Police Recover N2.7m Bribe Money From Assistant Commissioner of Police

The Nigeria Police Force Complaint Response Unit (CRU) said it had recovered N2.7 million bribe money from an Assistant Commissioner of Police (name withheld) serving in one of the state commands.

This is contained in the third quarter report of the unit signed by Acting Assistant Commissioner of Police, ACP Abayomi Shogunle, Head of CRU in Abuja.

The report said the recovery followed a complaint made to the CRU through a telephone call.

Shogunle said that necessary disciplinary procedures were ongoing against the officer involved in the misconduct.

He also said that the suspect arrested in respect of the case had since been handed over to the relevant agency for prosecution.

“The bribe money was recovered from the ACP after the case was referred to the X-Squad for necessary action in line with the directive issued by the Inspector-General of Police, Ibrahim Idris, that X-Squad be included as part of CRU responding agents,’’ he said.

Shogunle said that the inclusion of state provost marshals, OC SIB, Control-Room demonstrated the I-G’s resolve to ensuring more effective response to cases of alleged police professional misconduct nationwide.

He said that the unit had resolved 324 cases out of the 405 it received from members of the public against the police between July and September.

He said 51 of the cases reported during the period under review were found to be false, while 30 cases were still pending.

Shogunle said the Rivers Police Command topped the state ranking with a total of 78 cases, followed by Lagos with 72 and FCT with 48 cases.

“The Q3 report shows that over half of the complaints against the police came from four state commands – Rivers, Lagos, FCT and Anambra, which accounts for 55.06 per cent of complaints during the period under review,“he said

He said no single complaint was reported against the police in six state commands, Bauchi, Jigawa, Katsina, Kebbi, Osun and Sokoto.

The CRU head said Kebbi remained the only command with no complaint made against the police since the inception of the unit in Nov. 2015.

He noted that Professional misconduct topped the complaint distribution category with 154 entries, followed by demanding money for bail with 144 entries.

“More complaints were received via phone call – 294 cases, WhatsApp – 55, Twitter – 20, email – 19, Facebook – 6, SMS – 2, BBM – 1 and 8 cases reported via others (petition letters, media publications),“he said

He said that the sharp reduction in complaints against the police during the period under review was linked to the fact that Nigerian Police officers were becoming more professional.

Shogunle said that the Inspector-General of Police had ensured strict adherence to the CRU Motto of “No to Impunity”. (NAN)


SOURCE: Leadershipng

Businesses hopeful as Naira extends gains at forex market

Some business persons in Lagos on Thursday expressed hope that the economy would soon rebound as the Nigerian currency continues to appreciate in all the major segments of the forex market.

In separate interviews with the News Agency of Nigeria in Lagos, they called on their fellow business persons to exercise patience and act to salvage the naira.

Uche Mba, a motorcycle spare-parts dealer noted that the appreciation of the naira at the forex market was gradually breeding calm in the economy.

According to him, the development will sooner than later lead to price stability of goods and services.

Obi Edwards, an importer of gas cylinders said that the liquidity challenge in sourcing forex was already reducing as most Bureau De Change (BDC) operators were selling forex.

Mr. Edwards expressed the hope that if the situation continued unabated, it would reduce the fluctuation in the prices of goods and services.

Stella Shogunle, a dealer in female handbags, said that it was good news that the naira had continued to appreciate at the forex market for about three weeks.

She called for patriotism from all Nigerians to ensure that currency speculators do not thwart the wind of progress in the forex market.

The naira on Thursday continued to hedge against the dollar in all the major segments of the forex market.

At the parallel market, the naira closed at N460 to the dollar, from N468 it posted on Wednesday, while the Pound Sterling and the Euro traded at N560 and N510 respectively.

About 1700 BDCs in Lagos and Abuja sold dollar at N380 controlled rate, while the Pound Sterling and the Euro exchanged at N558 and 500, respectively.

The naira closed at N304.50 at the official interbank market, maintaining same rate as at Wednesday.

Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) called on all genuine forex buyers to purchase it from its members at the official price.

Mr. Gwadabe called on currency hoarders to sell the forex at their disposal as the naira was steadily on its way to full recovery.

SOURCE: Premiumtimesng

No Nigerian bank is undercapitalised – CBN

The Central Bank of Nigeria (CBN) has said that there is no truth in a report that seven Nigerian banks are undercapitalised.

The Director, Banking Supervision, Mrs Tokunbo Martins, told journalists at the end of the Bankers Committee Meeting in Lagos on Wednesday that there was no truth in the report.

 A Dubai-based International Investment Bank, Arqaam Capital, had reported that seven Nigerian banks were undercapitalised to the tune of N1tn about 3.2 billion dollars.

The stress test by Arqaam Capital also reported that two banks were close to being insolvent. Martins said that commercial banks were facing some challenges that were not peculiar to Nigeria, adding that Non Performing Loans (NPL) at 11 per cent was not the focus for now.

“As Director Banking Supervision, I wish to state that the report that seven banks are undercapitalised is not true.

“That our banks have non-performing loans at 11 per cent is not the focus for now. We should totally ignore such a story,’’ Martins said. The director said that commercial banks in the country had huge capacity to generate income to absorb any losses that could arise from such loans.

“The fact that a country has non-performing loans at this period is expected. So, I don’t think that any jurisdiction should be demonised because of NPL,’’ Martins said.

SOURCE:Vanguardng

Nigeria confirms release of 21 Chibok girls from Boko Haram

Nigerian officials have confirmed the release of 21 girls who were kidnapped from Chibok by Boko Haram militants in 2014.

A presidential spokesman confirmed their release follows negotiations between the Nigerian government and Boko Haram members, brokered by the International Red Cross and Swiss government.

He added: "The negotiations will continue."

Around 270 girls were taken from their school in Chibok. Dozens escaped in the initial melee and more than 200 are still missing.

SOURCE:itv

‘I thank God that the Police arrested me’ – Armed Robbery Suspect

A suspected armed robber, Sunday Onu, has said that he thanked God over his arrest, as he had tried several times to quit armed robbery but failed.

The suspect who hailed from Benue state claimed that he joined the armed robbery gang a week after his traditional wed­ding.

He noted that his arrest was divinely arranged as he had sev­erally attempted to quit the evil act but could not.

Onu who is now 34 year old, revealed that his four man armed robbery gang always disguised as NEPA officials in their overalls, knock at the gate of their victims for engineering services only to hold the house hostage at gun point and rob them.

The suspect who claimed to be the driver of the armed rob­bery gang disclosed that his own share at the end of every opera­tion ranges between N450,000 to 500,000 depending on how much the group made during the operation.

“I joined the gang after my traditional wedding in 2013 and since then we have been working together and each time I wanted to quit something tends to stop me.

“I was the driver of the gang and also use my own car to carry them to any place they want to go for operation, but I don’t fol­low them for the operation. My duty was to drop them and go out of the operation zone to wait and after operation they called me and I quickly rushed to take them away.

“During the first operation I received the sum of N450,000, I am aware the use guns but we don’t kill,” he explained.

However, luck ran out of him after a resident of one of their victims sent a distress call to the police which swiftly responded and rounded him and one other suspect up while their leaders es­caped

Federal government frustrated my efforts to free Chibok girls trice – Boko Haram close pal, Salkida

Freelance journalist, Ahmad Salkida, has revealed that several attempts made by him to free the abducted Chibok girls from captivity had been frustrated by the federal government.

Salkida, who is believed to have direct links to Boko Haram terrorists, said he met the girls and their captors at the instance of the federal government.

In an email to Daily Trust on Sunday, Salkida faulted the narratives of the Minister of Information, Alhaji Lai Mohammed and President Muhammadu Buhari’s biographer,Professor John Paden, on why the rescue of the Chibok girls is yet to be actualised.

“At least, today, I am probably the only one who has gone to location of swaps with detainees and I set my eyes on the girls in their early days in captivity, under a presidential cover to negotiate,” he said.

Salkida, who had been in the United Arab Emirates on self-exile since 2013, recently returned to Nigeria after he, with two others were declared wanted by the Nigerian Army for having “links” with the Boko Haram and not divulging certain information.

Salkida said it was not true that the leadership of Boko Haram demanded 5 billion Euros (roughly N1.7 trillion) as ransom for the release of the abducted girls as stated by Paden in his book “Muhammadu Buhari: The challenge of leadership in Nigeria”.

According to him, “I’m not sure I understand why our leaders choose to declassify important aspects of this negotiation when the girls are still in captivity, but I can categorically say that the claim of a demand of 5 billion Euros as published by President Buhari’s biographer is not the truth.

“While it is true that the captors of the Chibok girls have shifted the goal post several times when a swap deal was near, we must ask ourselves, what was responsible for the volatility that has denied the rest of the surviving Chibok girls and other captives’ freedom?

“How did I know this and write with such audacity? I was the only negotiator that was flown to Maiduguri with some detainees in an Air Force plane and I stayed in the Maimalari military barracks for over three weeks with the detainees, trying to reach a deal.

“From my professional experience with both parties namely government authorities and the insurgents, I can state that these abducted girls would long have returned home if political and security officials in government had shown better understanding of what is at play.

“Never, even from the days of former President Goodluck Jonathan to today’s dispensation has government accepted a window of say two, three weeks and abided by it. So, we are dealing with insurgents who do not recognize your bureaucratic heritage and continue to shut out the windows each time the indicated timelines elapsed, and also dealing with political and security authorities that never considered it expedient to do their housekeeping ahead of acceptance of negotiation windows that are tied to timelines.

“There is no point to delve into much detail at this point, but suffice it to state that both sides have their share of blame. My experience is that both the Buhari led government and the preceding Jonathan administration desired a negotiated end to this imbroglio but none ever showed any hunger in tracking the footprints and understanding the tendencies of the enemy.

“I was not only involved in one or two attempts to free the Chibok girls with the current government, but on three separate occasions and even as recently as May/June, 2016, few months before I was declared wanted for allegedly refusing to cooperate with the same government and for having “links to terrorism” by the Nigerian Army,” Salkida said.

SOURCE: Dailypostng