Wednesday, August 16, 2023

Forex: NNPC Ltd Secures $3billion Emergency Crude Repayment Loan from AFREXIM Bank |PoliFocus

L-R: DR. GEORGE ELIMBI, EXECUTIVE VICE PRESIDENT, AFREXIMBANK AND MELE KOLO KYARI, OFR, GROUP CHIEF EXECUTIVE OFFICER, NNPC LTD.


The NNPC Ltd and AFREXIM bank have jointly signed a commitment letter and Termsheet for an emergency $3billion crude oil repayment loan.

The signing, which took place today at the bank's headquarters in Cairo, Egypt, will provide some immediate disbursement that will enable the NNPC Ltd. to support the Federal Government in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market.

Let's hope this will indeed be a game changer for the dwindling Naira. 



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Friday, June 02, 2023

President Tinubu And Fuel Subsidy Hullabaloo |PoliFocus


The announcement of the removal of fuel subsidy by the newly sworn-in president Bola Tinubu has been causing a lot of debates both online and offline. While some see the development as a child of necessity but majority see it as ill-timed.

Quite a number of programs should have been arranged to cushion the effect of the decision on the masses but lo and behold, the shocker is seen to be here to stay.

Our minimum wage is nothing to write home about. Increment of salaries and wages should precede the decision, as vast populace are civil servants. As at now, the minimum wage of N30,000 can only buy roughly 60 liters of petrol, this is nothing but sheer wickedness on the part of the government.

If indeed the Tinubu-led administration is sincere about raising funds to execute people's friendly and purposeful projects, he should start with reduction of the bogus allowances and takehome of public servants. Reductions in convoys and presidential fleets will make an average citizen to see him as a serious minded and emphatic leader.

Tinubu should throw the border opened and arrange some feasible palliatives in this regards as soon as possible before the masses jumps to the street. It's still possible for him to right his wrong. One of the attributes of a great leader is to admit his mistakes and work on fixing them. 



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Wednesday, October 19, 2022

Nigeria, India Collaborate Against Money Laundering, Economic and Financial Crimes |PoliFocus


The Executive Chairman of EFCC, Abdulrasheed Bawa has met with Sanjay Kumar Mishra, Director, Enforcement Directorate (ED) of India while he attended the 90th Interpol General Assembly in New Delhi, India.

The meeting held on Wednesday, 19th November, 2022 at the ED's Headquarters in New Delhi where the Executives shared experiences and agreed on establishing partnership and co-operation between both agencies in matters of mutual interest and concern, specifically in relation to Money Laundering and other economic and financial crimes.



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Tompolo And Oil Surveillance, Welcome Development Or Otherwise? |PoliFocus


It's no longer news that the former 'wanted man' and Niger Delta warlord was awarded a N48bn per year contract to monitor all pipelines in the oil producing areas of the nation.

Government Ekpemupolo after securing the contract moved swiftly to work as many discoveries of illegal pipelines are being discovered. Some are connected to Forcados trunk line, many report have it that this illegality has been on for many years and the federal government together with the navy, army, and even police claimed not to be in the know.

Though many people are questioning the decision of the president Buhari-led government to award such a sensitive task to a private coy but res ipsa loquito. In an economic warlike situation of ours, the end justify the means. 

So far as Tompolo is working on blocking all the leakages of our oil and pride from unpatriotic Nigerians and their greedy foreign collaborator, I think he deserves our support.




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Monday, August 01, 2022

Landmark Communications, A Reliable And Cheap Data Plug For All Nigerians |PoliFocus


Have you been looking for a reliable and cheap data plug? Search no more as Landmark Communications is here to serve you better. 

The prices are pocket friendly and unbeatable. Data services, Recharge cards, Cable subscriptions and Payment of essential services are available across all networks and platforms in Nigeria. 

Click Here to send a direct message on their WhatsApp, or better still, you may ring them on 09126645243

Tested and trusted. 




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Sunday, May 29, 2022

2023: Atiku Abubakar Clinches PDP Presidential Ticket |PoliFocus

Former Vice President, Atiku Abubakar, has won the presidential ticket of the Peoples Democratic Party, PDP. Atiku polled the highest votes to beat Wike, governor of Rivers State, who scored to win the keenly contested sole ticket of the opposition party. 


Atiku's camp had a turnaround when incumbent governor of Sokoto State, Aminu Tambuwal stepped down for him and equally instructed his supporters to vote for Atiku. 


Breakdown of votes per candidate is as follows;


Atiku Abubakar: 371 Votes (WINNER) 

Nyesom Wike: 237 votes 

Bukola Saraki: 70 votes 

Udom Emmanuel: 38 votes 

Bala Mohammed: 20 votes 

Pius Anyim: 14 votes 

Olivia Tariela: 1 vote 



Now that PDP is presenting a Northern candidate, would the ruling APC do same? Only time shall tell.



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Friday, May 27, 2022

2023 Election, Another Opportunity To Get It Right |PoliFocus


It's no longer news that, Nigeria the most populous black country will go into general elections next year. It will again give the citizens another ample chance to elect their leaders.

Nigeria as a country has been struggling to live above board due to the unabated corruption among the people at the helm of affairs. Insecurity, kidnapping, killings maiming of innocent people have characterized the supposed giant of Africa.

The present ruling All Progressives Congress, APC seems to be running out of ideas as the country seems to be having more issues by the day. President Muhammadu Buhari who rode into office through anti-corruption campaign has done little as to the anti-graft fight, as many of his appointees are being faced with corruption charges.

We have never had it so bad like this, economy is nothing to write home about. Prices of stable foods, gas, and other basic products are skyrocketing daily, no thanks to the bad economic polices of the present government.

Naira is falling by minutes. No stable electricity, no good roads, health care system is in comatose. 

We need to see beyond APC and PDP as we have tested both. Let's get someone out of the 'box' as the president, we really need a reformer and unifier. We can't continue to be using same method and be expecting a different result, not possible! 

Above all, let's get our voter's cards handy. And when it's time for the elections, let's go out to vote for who we believe is suitable. Remember our actions and inactions are contributory to what Nigeria is today.



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Wednesday, February 17, 2021

$11m Fraud: Invictus Obi Bags 10-year Jail Term |PoliFocus


Obinwanne Okeke, better known as Invictus Obi, has received a 10-year jail term for fraud.

Okeke was arrested by the Federal Bureau of Investigation (FBI) at Dulles International Airport while leaving the US over $11 million internet fraud in 2019.

Tuesday, February 16, 2021

Kano Hisbah Commander With Married Woman In Hotel By The Police |PoliFocus

this image is for illustration purpose only 

The Kano State Police Command has arrested a senior official with the state's Hisbah board after he was allegedly caught with a married woman in a hotel.

According to Freedom Radio Kano, the official was arrested in the Sabon Gari area of the city. His name was not immediately mentioned, but he was described only as police chief when the matter featured on Freedom FM’s popular magazine programme “Inda Ranka”.

The arrested commander is said to be in charge of arresting beggars and prostitutes in Kano metro area. He was taken into custody after the husband of the woman with whom he allegedly had an affair filed complaints. 

According to the station, Kano Hisbah Commander, Muhammed Haruna, while describing the incident as unfortunate, said a two-man committee had been set up to investigate the matter. 

Hisbah officers regularly arrest unmarried people caught in hotels, presumably for sexual activities, as part of their enforcement of the Sharia. 

Established to enforce Sharia, Hisbah recently banned stylish haircuts, sagging of trousers, playing of music at social events by disk jockeys and seized tricycles from riders for adorning them with pictures considered to be obscene and against the tenents of Islam in some states. 

Hisbah also banned commercial motorcycle and tricycle riders from carrying two women at a time.

This was in addition to other unusual directives reeled out by the Islamic police.



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Monday, July 06, 2020

#COVID-19: Lagos FIB's HOD Violating Social Distancing Rule |PoliFocus

The Head of Department of Force Intelligence Bureau, FIB, Federal Headquarter Lagos Annex and also the Personal Security Officer, PSO 3 to the IGP,  ACP Dahiru Ibrahim, is repeatedly violating the #covid-19 Social Distancing Rule.