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Favoursplashy

TRUE LIFE STORY

~2.1 mins read

So I have a friend living abroad, He is such a wonderful friend I can count on.

So last year he sent me to carry out some work for him in his home two (his father's compound) he sent me his sister's number and as well sent his sister my number.

I was the one who requested that one member of his family must be around. It went well and along the line the sister started calling me. Sometimes she claimed she called to know how I was doing and we were flowing until she asked me to help her pay her children's school fees.

At first, I couldn't figure out why she did that because her brother is a philanthropist and people can testify. I gave her the money, not up to two weeks she called again requesting for another money to sort something, I sent her the money the second time.

Then the third time she called that their mother wants to speak with me, oh nice , we had a wonderful conversation and she asked for money (the mother).

As soon as I sent the money, she called and started gist me how her son abandoned them with nothing, and how her daughter (the one I was talking with) is suffering to take care of her kids.

The story is not adding up to me, so I told her I will talk to her son abroad. She pleaded I should not tell him because he might see it they are telling me about their family problems. I promised her that I will do it carefully.

So I called the son, I told him I will like if he starts paying his mother monthly, because I know his capacity, I told him to set aside hundred and fifty thousand every month for his mother.

He was surprised and appreciated my advice, but because he trusted me, he gave me his email password to check his statements of account, so I discovered he started paying his mother hundred thousand every month for the past six years. It was 50k before he upgraded it to 100k.

He told me that when his sister came back from his husband's house, he sent him money twice to start up a business and he was the one paying her children's school fees.

In fact the other of his sisters, he was the one doing 70% of payment in their husband's house.

I saw all the receipts. I couldn't believe my eyes.

So I called the mother, I started by telling her that I don't like lies, I was disappointed.

She now started crying, she told me she needs her son back, that his wife took everything from them. That the moment he got married, she lost a son.

That her son used to buy everything for his sisters including underwear, but as soon as he got married, everything stopped.

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News_Naija

NNPP Lawmaker Sumaila Confirms Defection To APC

~0.9 mins read

The lawmaker representing Kano South Senatorial District, Kawu Sumaila, on Wednesday confirmed that he has defected from the New Nigeria People’s Party to the ruling All Progressives Congress. His clarification, which was contained in a statement shared via his Facebook page, ended weeks of intense political speculation over his future in the NNPP. The senator hinged his decision to quit on the need to be fully committed to his constituents, which he claims remains his first priority. The statement read, “Yes, it is true — the rumours regarding my defection are accurate. All politics is local, and my primary concern has always been, and remains, the welfare of my immediate constituency. “I am resolutely determined to advance the lives of my people, ensuring their needs are met and their future is secured.” His exit has also fuelled rumour that the leader of the Kwankwasiyyan Movement and former presidential candidate of the NNPP, Senator Rabiu Kwankwaso, may return to the APC. The confirmation of his change of allegiance comes on the heels of Wednesday’s shocking defection of Delta Governor, Sheriff Oborevwori, former Vice Presidential Candidate of the Peoples Democratic Party, Ifeanyi Okowa, and the party structure in the state to the ruling APC.

Read more stories like this on punchng.com

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Instablog9ja

FCCPC Gives Traders One Month Deadline To Crah Prices Of Goods Across Nigeria

~1.5 mins read

In a bid to address what it described as growing trend of unreasonable pricing of consumer goods and services and the unwholesome practice of market associations resulting in exploitative procing, the Federal Competition and Consumer Protection Commission (FCCPC) on Thursday gave traders and other market stakeholders one month moratorium to crash the prices of goods, Nairametrics is reporting.

The Executive Vice Chairman of the FCCPC, Mr Tunji Bello gave the moratorium at a one-day stakeholders engagement on exploitative pricing on Thursday in Abuja. Bello, who recently took over as the boss of FCCPC said the Commission will begin enforcement after the moratorium.

According to the FCCPC boss, the meeting was called in response to the growing trend of unreasonable pricing of consumer goods and services and the unwholesome practice of market associations.

Citing an example of such exploitative pricing, the FCCPC boss said the Commission’s finding that a fruit blender known as Ninja was being sold at a popular supermarket in Texas for 89 dollars (N140,000.00) but the same product was displayed for N944,999.00 in a supermarket in Victoria Island, Lagos. Bello wondered the basis for the arbitrary hike in the price of the blender compared to the Texas, United States of America.

He said the unwholesome practices including price fixing was threa ening the stability of the economy. “Under Section 155, violators whether individuals or corporate entities face severe penalties including substantial fines and imprisonment if found guilty by the court. This is intended to deter all parties involved in such illicit activities. However, our approach today is not punitive. I, therefore, call on all stakeholders to embrace the spirit of patriotism and cooperation. It is in this spirit that we are giving a moratorium of one month (September) before the Commission will start firm enforcement,” he said.

Bello said the government was aware of most of the problems raised by the market stakeholders. “We have heard and you have genuine issues and government has the responsibility to address the problems but generally, let us talk to ourselves too. There are also gang ups to exploit consumers by traders,” he said.

Continue reading on Instablog

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Investopedia

GM Posts Best Sales Since 2020 On Pickup Truck, EV Demand

~0.9 mins read

General Motors (GM) posted its best U.S. quarterly sales figures in more than three years, lifted by higher demand for full-sized pickup trucks and electric vehicles (EVs).

The country’s biggest carmaker said it delivered 696,086 vehicles in the second quarter, an 0.6% increase from a year ago and the most since the fourth quarter of 2020.

The company set a record for EV sales of 21,930, a 40% gain year-over year, boosted by a jump in deliveries of the Cadillac Lyriq. Full-size pickup truck deliveries rose to their highest level since 2021.

For the first half of the year, GM sales were 1,290,319, a decline of 0.4%.

"We can win as more customers embrace EVs and we can keep winning if they want to stay with the engine technologies they know," said Marissa West, senior vice president and president of GM’s North America division,

GM shares rose 0.6% to finish Tuesday at $46.95. They're up about 30% so far this year.

Tesla also reported its latest deliveries data on Tuesday, beating analysts' estimates for the second quarter.

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TRUE LIFE STORY

NNPP Lawmaker Sumaila Confirms Defection To APC

FCCPC Gives Traders One Month Deadline To Crah Prices Of Goods Across Nigeria

GM Posts Best Sales Since 2020 On Pickup Truck, EV Demand