Nersleybank

Business Person : Funny Alot Buh Cherish Those Around And Afar. Together We Rise, Together We Fall. Cooperation Speaks Much. One Love Niger.

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Nersleybanks
APC Leadership Summons National Assembly Caucus Over Direct Primaries
~1.4 mins read
THE Governor Mai Mala Buni-led Caretaker/Extraordinary National Convention Planning Committee of the All Progressives Congress, has summoned the National Assembly caucus of the party to a meeting over proposed amendments to the Electoral Act.

It was gathered in Abuja, late on Monday, that the party leadership is worried about conflicting signals it was receiving especially from its members in the House of Representatives over the clause seeking to compel political parties to choose their candidates via direct primaries.

A source in the legislative arm of government who pleaded anonymity confirmed the development. As proof of these assertions, the source presented a letter, titled “Notice of meeting: Executive /Legislative /Party Consultative Committee, addressed to the Majority Leader of the House, Alhassan Doguwa. The letter was dated November 4, 2021.

The letter which was signed by the APC National Secretary, Sen. John Akpanudoedehe read in part, “I’m directed by His Excellency, Mai Mala Buni, Chairman, Caretaker /Extraordinary Convention Planning Committee of the APC, to invite you and the APC Caucus in the House of Representatives to a meeting of the above stated Committee as follows: Tuesday November 9, 2021, time: 5pm prompt, Venue: Presidential Banquet Hall, State House, Abuja, it is expected that you will extend this invitation to the APC Caucus in the House of Representatives.

“The meeting aims at strengthening the synergy between the Executive, the legislature and the party.”

A top-ranking member of the party who also spoke to our correspondent in confidence said, “You know both chambers of the National Assembly are yet to harmonize their positions on the issue of direct primaries.

“It is the position of the party that this is the way to go but the opposition is working round the clock to frustrate this, we don’t want to leave anything to chance, we are meeting with our legislators to ensure that we don’t get any surprises.”

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Nersleybanks
Govs Attack Malami Over $418m Consultants’ Fees, Say AGF Lied
~1.2 mins read
The Nigeria Governors’ Forum has accused the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, of having more than a passing interest in the controversial $418m refund request by consultants with respect to the Paris Club refund.

The umbrella body of governors of the 36 states of the federation made the accusation in a statement titled, ‘Re: Paris Club Refund: FG counters states, insists deduction lawful, NGF: Deduction not only unlawful, but it is also contrary to public policy and morality’, signed by the NGF’s Head of Media and Public Affairs, Abdulrazaque Bello-Barkindo, in Abuja on Monday.

A Federal High Court sitting in Abuja had on Friday barred the Federal Government from deducting $418m from the bank accounts of the 36 states of the federation.

The amount allegedly owed the consultants for services rendered during negotiations for the refund, has been a source of dispute between the three tiers of government.

Bello-Barkindo noted that the position of the AGF as contained in a statement signed by his Media Adviser, Dr Umar Gwandu, on Friday, in which he displayed open support for the consultants against the states “raises questions of propriety and the spirit of justice.”

The NGF spokesman argued that the payment in question was made in favour of private contractors and/or consultants for the alleged work done for the states and local governments on the Paris Club refund.

He said, “We need to state quickly that when we first read this press release, we had to double-check to be sure that it was not authored by a lawyer representing either one or all the promissory notes’ recipients.

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Nersleybanks
BREAKING: Boko Haram Kills Two MOPOL In Damboa Attack
~0.8 mins read
Boko Haram insurgents have killed two mobile policemen in a fresh attack on Damboa town in Borno State.

According to sources in the humanitarian community, the insurgents also burnt down the MOPOL station which served as a barracks, as well as the civilian JTF Outpost in the town.

“The insurgents drove into Damboa from Biu Road around 5.30pm on Thursday in eight gun trucks and operated for over one hour.

When they got into the town, they headed straight to the MOPOL barracks and started shooting indiscriminately. They killed two MOPOL and razed down the whole building. They also burnt down two MOPOL vehicles.

“Afterwards, they headed to the CJTF Outpost and set it on fire. They also burnt one vehicle of the CJTF,” the humanitarian source disclosed.

The source also revealed that the troops of the Nigerian Army repelled the attack but could not ascertain if there was any casualty on the side of the terrorists.


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Nersleybanks
Soldier Pulled Gun On My Wife In Presence Of Our Little Children, Set Our House Ablaze –Imo Man
~1.5 mins read
Sunday Okebata, who lost his wife to the reprisal by soldiers on Izombe community of the Oguta Local Government Area of Imo State, shares his grief in this interview with CHIDIEBUBE OKEOMA

Tell us a bit about yourself.

My name is Sunday Okebata. I am from Izombe in the Oguta Local Government Area of Imo State. My house was one of the houses burnt by the military on October 8 after soliders clashed with youths in our community. Unfortunately, my wife, Mrs Faith Okebata, was burnt and see died five days after.

What really transpired?

I was away at work when my beloved wife called me and told me that she had been burnt by soliders. She told me that soliders who were on a reprisal in our community came to our house and told her that one of the youths they were looking for ran into our house. She said that one of the soliders pointed a gun at her, asking her to provide the suspect or he would shoot her. This was happening in the presence of our two children and my mother, Mrs Catherine Okebata, who had had a stroke since 2014. My wife knelt down, begging the solider not to shoot her, my mother and my children. She explained to them that nobody ran into our house. My sick mother also begged the solider not to kill them as there was no youth who ran into our house. My mother also told the angry officer that none of her two sons had any criminal record, begging him to spare their lives.

How did your wife get burnt?

The solider walked out the room where he met my mother, wife and children and went outside. He then set the house on fire and left. My wife tried to rescue my children and mother who could not walk without an aid. My wife succeeded in rescuing my mother but was unfortunate as her clothes got caught in the fire and burnt her terribly. Her face, body, chest, back and everywhere was burnt.

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Nersleybanks
Tackling Investment Fraud In Nigeria
~1.9 mins read
Investment fraud globally is on the rise and Nigeria is not spared. In our clime, requesting funds from an investor with a promise of overnight appreciation is the norm. The investor only realises the scam after the business brand promising huge returns vanishes into thin air. Absence of reliable data and evidence to authenticate the amount claimed by victims of these Ponzi schemes in Nigeria as losses to the fraudulent business investment group has been difficult to prove as these fraudsters have never come out publicly to state their side of the story.

The issue is this and people need to be aware of it; fraudsters have their clear targets who are mostly those without clear knowledge of how financial systems operate; taking advantage of their ignorance in promising to triple cash assets within a short period of time.

Take the American Elizabeth Holmes, for instance, the first female self-made billionaire and the founder of Theranos which became Silicon Valley’s golden child at some point, expanding rapidly, and raising over a billion dollars in funding, whose investors are now seeking for their money following its collapse. The company crashed down when it became public knowledge that its technology intended for the medical revolution produced inaccurate test results about cancer and diabetes risking public health safety in the process. Holmes is now under trial for massively embellishing the firm’s performance to financial sponsors as a strategy to gain their investment support.

Like the Nigerian investment scam, Elizabeth Holmes targeted people with little or no experience in the financial sector. Her list of investors includes Henry Kissinger (former United States Secretary of State), Jim Mattis (retired Marine Corps four-star general), George Shultz (former United States Secretary of State), Media mogul, Rupert Murdoch, and William Perry (former United States Secretary of Defense).

People in the middle class desperate to increase their wealth are often the target in Nigeria by Ponzi scheme operators with the clear intention of defrauding them.

To avert investment scams, potential investors need to bother requesting for Security and Exchange Commission operating authorisation which is what legitimises capital market operations, and request for financial statements as audited by a reputable audit company to detect whether monthly/annual revenue is understated or overstated.

Knowing how much a company is worth before committing any investment is also important as it demonstrates a clue of how investment can be recovered back in case of heavy loss or liquidation, according to Harvard Business Online. This can be detected through a thorough examination of a transparent book value method if the company has any, using information from its balance sheet or using a discounted cash flow model.

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Nersleybanks
Who Will Tell Buhari That Nigeria Is At War?
~1.5 mins read
The venue was the Adokiye Amiesimaka Stadium and the event was the kick-off of the presidential campaign of the then opposition All Progressives Congress, a platform that was hurriedly put together by major opposition parties to oust the then ruling (now opposition) Peoples Democratic Party from power.

On that bright Saturday afternoon, 14th of February, 2015, the presidential candidate of the party, Muhammadu Buhari, took to the podium in the beautiful city of Port Harcourt to reel out his three-prong agenda for the country if voted into office.

In a terse address to the hordes of party supporters as well as Nigerians who took time off their busy daily schedule to watch the live telecast, Buhari, a former military head of state, a retired two-star general in the Nigerian Army listed the focus of his government to include the fight against corruption, insecurity and economy.

Buhari, who is reputable as a man of very few words, lamented the sorry state of the country, especially the poor handling of worsening security by the then incumbent Goodluck Jonathan, and vowed to ‘decisively’ confront the problem headlong.

His exact words, “The fundamental issue facing this country is insecurity and the problem of the economy which is being made worse by corruption. I assure you that we are going to finally assemble a competent team of Nigerians to efficiently manage the country.” At another campaign venue, he even promised to lead the fight from the front and not from behind.

Speaking 12 days later in London, the United Kingdom, precisely at Chatham House, the new poster boy in the political arena was even more direct in his appraisal of the prevailing security situation at that time when he vowed to rout the insurgent Boko Haram Islamist sect ravaging the North-East within six weeks of assuming office.

Addressing his audience that included members of his entourage and world-renown policymakers, he again pooh-poohed the Jonathan led government for paying too little attention to the worsening insecurity in the country with a vow to reverse the trend as ‘a tested general’.

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Nersleybanks
LASUTH Performs First Laser Surgery On Kidney Stones
~0.9 mins read
The Lagos State University Teaching Hospital says it has performed its first laser surgery to remove kidney stones.

Stephen Ikuerowo, a professor of urology at LASUTH, said the laser lithotripsy treatment would save patients the pain of opening up their upper urinary tract during surgery.

Lithotripsy is a treatment using ultrasound shock waves to break kidney stones into smaller particles that the body can pass out.

On Thursday, Mr Ikuerowo disclosed this in a statement issued by Oluwaseyi Adewale, Head, Public Affairs Department of LASUTH, in Lagos.

LASUTH is the first public hospital to deploy laser treatment for kidney stones in Lagos and arguably in Nigeria, according to the statement.

He added that the hospital now had a full upper tract endoscopic and laser facility that Lagos residents and others could access.

On the cost of the treatment, Mr Ikuerowo noted that the cost of accessing the treatment in hospitals outside Nigeria would take a huge chunk from patients’ money, but that accessing such care at LASUTH would be half the cost of getting the treatment in private hospitals in the country.

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Nersleybanks
Troops Eliminate Biafra National Guard Gunman In Abia
~0.8 mins read
Troops conducting Exercise Golden Dawn in the South East have neutralised one of the Biafran National Guard gunmen who attacked troops’ location at Amaekpu, Ohafia Local Government Area of Abia State, Army Headquarters says.

The Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, said this in a statement on Friday in Abuja.

Nwachukwu said the assailants, who were heavily armed and conveyed in several vehicles opened fire on the troops’ location, but were met with stiff resistance by the troops.

He said the troops neutralised one gunman, while others abandoned their vehicles and retreated in disarray with gunshot wounds.

According to him, the troops also recovered a pump action gun, among others.

“While the criminals withdrew, having been overwhelmed, they were promptly intercepted at Eda by troops of Forward Operating Base Ohaozara in Ebonyi State.

“The troops recovered additional three vehicles and apprehended one of the gunmen,” he said.

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