Tuesday, February 27

Mr Olumide's Blog .com

Mr Olumide's Blog .com


Buhari Rejects Peace Corps Bill in New Letter to House of Reps

Posted: 27 Feb 2018 04:16 AM PST

As the Nigerian Peace Corps battles the Police to vacate its national secretariat, the legality of the organisation have run into trouble as the President has rejected its establishment bill. 

In a letter which speaker of the house of representatives, Yakubu Dogara, read during the plenary session at the National Assembly on Tuesday, President Muhammadu Buhari rejected the proposed Peace Corps of Nigeria establishment bill.

Recall that lawmakers of the National Assembly passed the bill in 2015, after a prolonged battle involving the organisation and the nation's security agencies.

According to The Cable, the president who conveyed his rejection of the bill in the letter, cited security concerns and financial burden of funding the organisation by the government as his reasons for rejection of the bill.


culled from Olu famous Mr Olumide's Blog

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Posted: 27 Feb 2018 03:35 AM PST

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culled from Olu famous Mr Olumide's Blog

CONFESSION: I used part of NIMASA fund to build hotel in Delta State – Calistus Obi

Posted: 27 Feb 2018 12:10 AM PST

A former acting Director General of the Nigerian Maritime Administration and Safety Agency, Calistus Obi, who is being tried for an alleged fraud of N136m, told the court on Monday that part of the money was channelled into the building of his hotel in Delta State.

He, however, said he had refunded the sum after being arrested by the Economic and Financial Crimes Commission.

Obi said this before the Federal High Court in Lagos, where he is standing trial alongside Alu Dismas, who was a personal assistant to his (Obi's) predecessor, Patrick Akpobolokemi.

The other defendants in the charge are two firms – Grand Pact Limited and Global Sea Investment.

Obi, who is the first defendant, was fielding questions from the EFCC prosecutor, Rotimi Oyedepo, on Monday.

Answering questions as to what became of the N136m, Obi said, "I used part of the money to build my hotel constructed by Seastroke International. But the money has since been refunded to the EFCC.

"The hotel is located somewhere in Asaba, Delta State. I can't recollect the address now. The building is completed and is already functioning. The title documents of the hotel is being processed but I have the Certificate of Occupancy and I can produce it before the court."

His lawyer, Wale Akoni (SAN), however, raised an objection to the prosecutor's enquiry about the title documents of the hotel, which he contended was not a subject before the court.

Akoni said, "My Lord, I am opposed to this line of questioning by the prosecution's lawyer. The ownership of the hotel is not an issue in these proceedings. The prosecution is only trying to device a means of seizing the title documents through the back door."

In his response, the EFCC lawyer, Oyedepo, urged the court to allow him to continue with his enquiry about the hotel, saying the witness had already admitted deploying part of the allegedly diverted money to building it.

"The witness has admitted that part of the funds allegedly diverted by him was used in building the hotel that is now functioning. At the end of this case, the law, as it stands today, empowers My Lord to forfeit property acquired with proceeds of unlawful activity.

"Section 30 of the EFCC Act empowers the court to forfeit proceeds of unlawful activity. I urge the court to allow us ask questions that will lead to the recovery of the title documents so that it can form part of the court's record," Oyedepo said.

In a bench ruling, Justice Mojisola Olatoregun dismissed Akoni's objections, holding that "the questions asked on the title documents are in order and the issue of the EFCC trying to forcefully seize it does not arise."

Meanwhile, the second defendant, Dismas, burst into tears in the open court on Monday after the judge revoked the bail granted him and sent him back to the prison custody.

The judge's decision followed Dismas' lateness to court.

Justice Olatoregun said it was not the first time that Dismas, who walked in at about 10.35am on Monday, would come late to court or be absent, stressing that the court could not wait for an accused person.


culled from Olu famous Mr Olumide's Blog

What Does It Mean To Have Abundant Life?

Posted: 26 Feb 2018 06:45 AM PST

God's Design for Abundant Living 
God created us to have an insatiable thirst as we live in this world. When sin entered the world, so did discontentment with life. God desires for us to seek more out of life. The problem is we displace our desire for more because of our discontentment.

The purpose of the tension we feel with what we want and what we have is to point us to God and to eternity. We're meant to desire more of God.

"O God, you are my God; earnestly I seek you; my soul thirsts for you; my flesh faints for you, as in a dry and weary land where there is no water" (Psalm 63:1).

"Blessed are those who hunger and thirst for righteousness for they will be filled" (Matthew 5:6).

God wants us to have a life of abundance. But in God's economy, it never has to do with acquiring worldly possessions that will one day vanish. Instead, it's all about what's eternal.

What Some Get Wrong about Abundant Living 
Instead of desiring more of God, some seek to fill our need for more with what the world can give - material possessions, fame, achievement, recognition, popularity, and accomplishments. Then we read John 10:10, "I came that they may have life and have it abundantly," and we misuse it to read that God will give us an abundance of those worldly pursuits we crave.

What Is an Abundant Life? 
Jesus came so that we can have life because He is the embodiment of life. He said, "I am the way and the truth and the life. No one comes to the Father except through me" (John 14:6). This life means eternal life in heaven. Because of Jesus' death and resurrection, we now have a way to be reconciled with God and have eternal life with Him in heaven.

Nonetheless, Jesus not only gives us the promise of eternal life in heaven, He also gives us an abundant life here on earth. But His abundance has nothing to do with worldly pursuits and everything to do with those attributes that make us more like Him and that we can carry with us into heaven.

How We Can Have an Abundant Life in a Broken, Fallen World 
Jesus gives us the fruit of the Spirit, and this is the abundant life. "But the fruit of the Spirit is love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, self-control; against such things there is no law" (Galatians 5:22-23).

Jesus wants us to have the best life possible in a world that is sometimes unbearable - a world full of cruelty, injustice, sadness, and pain. He knows that the only way that is possible is for us to take on His character of a life where inwardly we are satisfied because we know who we are through Him, who He is through God the Father, and where we are going - to heaven.

Our lives can be falling apart all around us, and we can still have an abundant life. The abundant life is a state of being from within, not a result of external circumstances. It is the result of the pruning God does to make us more like Him, and it is what we will take to heaven with us (1 Corinthians 3:11-15). An abundant life is a life that keeps on giving.

Which is Better - Abundance or an Abundant Life? 
At first look, we might be tempted to say, "What? I rather have a life of abundance so I can have the stuff I want and be happy!" But when you're in a state of crisis, what's worth more - a life full of fear, anxiousness, and tension, or a life full of tranquility and the fruit of the spirit? I think we'd agree that you can't put a price tag on love, joy, peace, patience, kindness, goodness, gentleness, faithfulness, and self-control.

An abundant life comes from following God's ways, pursuing holiness, and seeking to be more like Him. "This God — His way is perfect; the word of the LORD proves true; he is a shield for all those who take refuge in him" (Psalm 18:30). As a result, others see the abundant life in you and are led to Jesus through your example: "In the same way, let your light shine before others, so that they may see your good works and give glory to your Father who is in heaven" (Matthew 5:16).

God created us to want more. But which kind of "more" will we seek? Abundance in worldly pursuits or an abundant life? The more we desire God, the more abundant our life will be.

Always Remember 
"The thief comes only to steal and kill and destroy; I came that they may have life, and have it abundantly. - John 10:10

"But seek first His kingdom and His righteousness, and all these things will be added to you. - Matthew 6:33

[written by Brenda Rodgers]

culled from Olu famous Mr Olumide's Blog

Seriously? Ex-Chief of Army Staff, Minimah Returns Stolen N1.7B

Posted: 26 Feb 2018 05:45 AM PST

Former Chief of Army Staff, Gen. Kenneth Minimah (retd) has refunded about N1.7billion to the Economic and Financial Crimes Commission (EFCC).

Gen. Minimah was the Army Chief from January 2014 to July 2015, before he was dropped alongside others by President Buhari. 

The refund followed extensive investigation by the anti-graft agency on the report and recommendations of the Presidential Committee on Audit of Defence Equipment Procurement (CADEP).

CADEP had uncovered "irregularities" in the procurement and award of contracts in the Army and suspicious transactions in the accounts of the Defence Industry Corporation of Nigeria (DICON) during Gen. Minimah's tenure.

Revealing details of the matter, a top source, who spoke in confidence to The Nation said: "We have interrogated Gen. Minimah and he has started refunding some funds. So far, he has refunded about N1.7billion in two tranches to the EFCC.

"So far, he has cooperated with us and we are hopeful that he will still make more refunds, in line with some contracts awarded by the Army.

"But we are likely to arraign another Chief of Army Staff and some ex-military officers in court soon following the conclusion of a comprehensive investigation on them. We are expecting relevant advice from our legal unit."

The CADEP panel had observed that a company was registered on November 17, 2014 and awarded $125,179,299.10 on the same day.

The report said in part: "The Nigerian Army, between April and August 2014, entered into four contract agreements with Societe D'Equipmenteux Internationale (SEI Nig Ltd) for procurement of Cobra Armoured Personnel Carriers, Shilka Self-Propelled Artillery Guns, Armoured Fighting Vehicles (AFVs) as well as various ammunition and spares funded by the ONSA.

"The contracts for the Cobra APCs and Shilka Guns were not executed as they were not funded. However, the costs for procurement of the AFVs; ammunition and spares were $398,550,000.00 and $484,765,000.00 respectively totalling $883,315,000.00.

"In November 2014, the ONSA awarded contract to Conella Services Limited for procurement of 72 various arms and ammunition that included MRAP vehicles and Mi-17 helicopter at the cost of $125,179,299.10.

"The Committee observed that the company was registered in Nigeria on 17 November 2014 and awarded the contract on the same date while the EUC for the procurement was issued a day later, on 18 November 2014. Furthermore, the ONSA paid $36,996,530.00 and N2,209,582,296.00 to the vendor between November 2014 and 15 April 2015. However, the Nigerian Army denied receipt of any procurement from Conella Services Ltd.

"Similarly, the Committee tried in vain to reach officials of the company to confirm execution of the contract. There is, therefore, the need for further investigation of Conella Services Ltd.

"The committee observed that SEI and its two associated companies, APC Axial Ltd and HK-Sawki Nig Ltd, were incorporated in May 2014 with two Nigerien brothers, Hima Aboubakar and Ousmane Hima Massy, as the only directors.

"Between May 2014 and March 2015, the ONSA mandated CBN to release various sums totalling $386,954,000.00 to SEI and the two associated companies for 'procurement of technical equipment', without tying the money to particular items of procurement.

"Thus, the allotment of the fund was left at the discretion of the vendor without input or consultation with ONSA or the Nigerian Army.

"Furthermore, some of the funds transferred preceded the formalisation of SEI contracts with the Nigerian Army. There was also no evidence of any contract to justify the payments made by ONSA to the SEI associate companies. Consequently, it had been difficult for the ONSA, the Nigerian Army and SEI to reconcile the accounts vis-a-vis the equipment delivered."

The panel also uncovered that 42 units of Armoured Personnel Carrier (APC) which were rejected by Iraq were later sold to Nigeria to fight Boko Haram insurgents.

It claimed that some of the APCs were either expired or unsuitable, leading to loss of lives.

It added: "The Committee observed that one of the new equipment SEI procured for the Nigerian Army from Ukraine was BTR-4E APC.

"However, according to the Ukraine's State Enterprise Lviv Armour Repair Plant, the designers of the equipment, some of the products sold to Nigeria in 2014 were actually among 42 units designed for Iraq which subsequently rejected them due to poor performance rating."

"The Nigerian Army did not also undertake the mandatory pre-shipment inspections provided for in the contract agreements. Instead, the NA deployed an Infantry officer, who lacked the technical knowledge to assess the capabilities and shortcomings of the equipment, to oversee the shipment of the items for the Nigerian Army from Ukraine.

"Additionally, the two weeks training availed the technicians and operators was inadequate for them to comprehend the technical workings of the newly introduced equipment.

"The Committee's interactions with the field operators revealed that although the platforms and ammunition procured by SEI were deployed for the NE operations, some of them were aged or expired, lacked spares and prone to breakdown without immediate recovery equipment.

"Therefore, failure to carry out pre-shipment inspection and inadequate training resulted in procurement of some unreliable equipment that reduced the capacity of the Nigerian Army in the North East Operations and resulted in the loss of lives and equipment."

On some payments to SEI on T-72 Tanks, the panel said the company made about $93,000,000.00 profit without paying the mandatory 5 per cent Withholding Tax(WHT).

It said: "SEI submitted a document to the Committee reconciling the items it delivered to the Nigerian Army vis-a-vis the payments made to it by ONSA."

According to SEI, the total value of the contracts it executed amounted to $909,065,824.00 and not the $883,315,000.00 reflected in the two contract agreements it signed with Nigerian Army. "Furthermore, SEI claimed that it delivered goods worth $697,718,168.00 whereas only $198,289,672.00 was paid to it by ONSA.

"However, the Committee established from ONSA payment mandates to CBN that $386,954,000.00 were actually paid to the contractor.

"Additionally, SEI quoted the unit cost of refurbished T-72 Main Battle Tanks as $2,240,000.00. However, the Committee confirmed from court documents filed by SEI against one of its vendors, Dolarian Capital Inc of the US, that SEI paid only $85,000.00 for a unit of the T-72 tanks.

"Thus, from the refurbished T-72 Tanks transaction alone, SEI would have made a profit of about $93,000,000.00 for the 43 units it delivered to the Nigerian Army. Moreover, there was no evidence that SEI paid the mandatory 5% WHT."

On suspicious transactions in DICON's accounts, the CADEP report also implicated Gen. Minimah.

It added: The Nigerian Army awarded seven contracts to DICON for the procurement of Igirigi and Spartan APCs , arms and ammunition amounting to N4, 329'985, 000

"The committee discovered that suspicious transactions to the tune of N845,600,000 and $3,450,619 were made from DICON's domiciliary and Naira accounts with Fidelity Bank accounts 5250020197 and 5030040885. Out of this amount, the then DG DICON, Maj.-Gen. E.R, Chioba (retd) personally withdrew N81m and $131,740 in cash from the accounts. The sums of N764,600,00 and $3,318,879.17 were also transferred to the accounts of Lava Trade , 7×7 Limited and Oranto Petroleum Limited.

"The explanations offered by Gen. Chioba that the transfers were payments for services and foreign exchange were unconvincing as there was no evidence if formal business relationship between DICON and these companies.

"Consequently, the committee opines that the poor procurement process associated with DICON contracts contravened financial regulations, encouraged illegal withdrawals leading to wastage of public funds, diminished the capacity of the Nigerian Army in the campaign against terror and served as a conduit for misappropriation of entrusted funds.

"The committee is of the view that Lt. Gen. A. O. Ihejirika, Lt.-Gen. KTJ Minimah (retd), Maj.-Gen. A.I Muraina(retd), Maj.-Gen. U. Buzugbe (retd) and Maj.-Gen. E.R. Chioba(retd) are to be held accountable."

"The Committee also noted that between 3 September 2014 and 30 April 2015, NIMASA funded accounts of the Joint Task Force Operation Pulo Shield with various sums totalling N8,542,586,798.58 purportedly to enhance operations of the Joint Task Force in the Niger Delta. Neither the need assessment that warranted the release of funds nor the details of the expenditure were made available to the Committee.

"However, analyses of the accounts of the Joint Task Force showed that transfers totalling N6,277,698,885.13 were made to some companies for unknown purposes.

A source in Oranto Petroleum Limited said it never had any business link with the Army either during Gen. Ihejirika's tenure or his successor Gen. Minimah's.

The source said: "Oranto Petroleum Limited did not receive any funds from the Nigerian Army under any guise between 2013 and 2015."


culled from Olu famous Mr Olumide's Blog

How Pastor Disarmed Two Armed Robbers With Bare Hands In Rivers

Posted: 26 Feb 2018 05:15 AM PST

A Lord's Chosen Charismatic Revival Movement Pastor has narrated how he forcefully collected two guns from armed robbers that came to rob at his compound on the 21st February, 2018, in Rivers state with his bare hands.

According to a statement issued by the church, Pastor Stanley B. Kagbara of Okogbe branch of Mbiama Autonomous community, Rivers State, after declaring himself a Chosen three consecutive times and calling on God, power came over him and he overpowered the armed robbers and collected their their guns when they attempted shooting at him.

The statement further revealed that God made public show of the armed robbers, as their guns refused to answer them. He pounced at them and arrested one of them, handed him over to Ahoada divisional Police headquarters after which the rest of the armed robbers ran away.

The Police Area Commander commended the pastor for that bravery act and said he has never seen such before, adding that this is the hand of God in action. He thanked God immensely.

The pictures were taken at the Police station where one of the armed robbers was detained.


culled from Olu famous Mr Olumide's Blog

President Buhari Postpones FEC Meeting

Posted: 26 Feb 2018 04:45 AM PST

The meeting of the Federal Executive Council (FEC) will not hold on Wednesday, February 28, according to a statement by media and publicity adviser, Femi Adesina.

On why the FEC meeting was postponed, he wrote: 

"The meeting of the Federal Executive Council (FEC) will not hold on Wednesday, February 28, 2018.

This is due to the participation of President Muhammadu Buhari and a significant number of ministers at the High-Level Meeting of the International Conference on Lake Chad Basin, at the Transcorp Hilton Hotel, Abuja, for the better part of that day."

culled from Olu famous Mr Olumide's Blog

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