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‘Illegal Withdrawal Of LG Money’, Oyo ALGON Writes Bank Regional Managers {Read Full Details}
This letter becomes imperative, as it has come to our knowledge that the Government of Oyo State has started withdrawing money belonging to the Local Government Councils through the illegal Caretaker arrangements. We were reliably informed that they started this illegal act when reality has starred them in the face about their impending loss of the legal battle involving them and the Local Government Councils which they illegally dissolved and overturned by Supreme Court of Nigeria.
However, we want this letter to serve as a note of warning to you to avoid being partners in crime as all the shady deals embark upon by the State Government have been revealed and being closely monitored.
For your information, all these criminals acts have been monitored by relevant agencies, most especially the NFIU. And we would not hesitate to drag any bank that connive to perpetrate this evil and fraudulent act before the court for necessary prosecution.
For this, you must avoid being put under duress by the State Government to partake in another man’s sins you know nothing about, by not allowing yourselves to be used and to further foist what is clearly an illegal and fraudulent administration over our Local Government Councils and LCDAs in Oyo state.
The Government of Oyo State and the Governor himself have been repeatedly warned before now by the Chief Law Officer of the Federation that is, (the Attorney General of the Federation) to respect the rule of law and desist from the path of illegality he was treading and being railroaded onto by some political jobbers whose stock in trade are to divide our Local Government Councils and constituencies as their political fiefdoms and their spoils of war.
You may need to be informed and reminded once again that the management, administration and financing of Local Councils and LCDAs according to the constitution and the Supreme Court in cases variously cited and now in the public domain, can only be validly approved, authorized, authenticated any documents and executed by elected Local Government Chairmen. No authorization from any ” Caretaker Chairman “of any Local Government Council or LCDA nor their appointors is recognized under the current legal regime in our country. Any bank that honours such illegal approvals, directives or authorization from any persons not recognize by law therefore renders such liable to criminal prosecution for conspiracy and fraud.
We recognize that the Governor continues to act illegally hiding behind a cloak of constitutional immunity, while his political or financial collaborators outside government who may be urging you all to embark on serial illegalities, will not be signatories to any official council document that may incriminate you and form the subject of investigations of this orchestrated fraud on the administration of Councils.
It should be strongly noted that under our jurisprudence ignorance of the law has never been an excuse to criminal culpability. A claim of ignorance, or self imposed duress will not avail anyone of our bankers nor Local Government staff and civil servants who act in defiance of established laws to conspire with usurpers not provided for under any law in our land to rob our councils. Any financial documents or vouchers signed by or authorized by any person other than the legally elected Local Government Chairmen will be tantamount to fraud.
It is no longer news that the Attorney General of the Federation, Mr Abubakar Malami, has called the attention of Oyo State Government and the Inspector General of Police, DSS, EFCC and NFIU to the subsisting Supreme Court judgment reinforcing Section 7 (1) of the 1999 Constitution (as amended) and pronounced as illegal and unconstitutional the dissolution of elected local council administration by State Governors or State Assemblies in Nigeria with no court order to back it up. You will also recall that the Inspector General of Police has passed down the order to effect the legal opinion of the Attorney General of the Federation, AGF by ensuring safety of the legally elected Local Government Chairmen while resuming back to their various offices. Letters and legal documents to this effect are attached for your perusal.
We again reemphasize by way of warning NOT TO PARTAKE OR STOP PARTAKING IN THEIR CRIMES AGAINST THE STATE as the law does not excuse criminality by reason of ignorance or even duress, under these circumstances.
Now that we are fully back in our offices with the aid of security agencies, we urge and appeal to you to depart from the path of illegality being urged upon you, and be courageous to save yourselves from impending culpability if found wanting. This is an appeal, but make no mistake about it, the law will take its course against every infringement and criminality irrespective of who perpetrates it.
We trust you will ponder over these truths, seek legal counsel from your personal attorneys to be properly guided, and ensure you are not sucked into the crucible Governor Makinde has heated up in our state.
YOU HAVE BEEN WARNED!!
Prince Ayodeji Abass-Aleshinloye
ALGON Chairman, Oyo State
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
More than 50,000 Russian military personnel have died during the Ukraine conflict, the BBC reported Wednesday, citing its own reporters, independent media group Mediazona and volunteers.
They found that more than 27,300 Russian soldiers died during the second year of the war, a 25-percent increase on the first year.
BBC Russian, Mediazona and volunteers have been counting deaths since February 2022, using open-source information from official reports and the media, as well as using satellite images of Russian cemeteries to estimate the number of new graves.
The figure of more than 50,000 is eight times higher than the official toll acknowledged by Moscow in September 2022. It does not include deaths of militia in Donetsk and Lugansk in eastern Ukraine.
Ukraine said in February that it had lost 31,000 soldiers, but that figure is also likely to be significantly lower than the true toll.
Russian losses spiked in January 2023 as it launched a large-scale offensive in Donetsk and again months later last year during the battle for the city of Bakhmut.
Russian President Vladimir Putin announced a “special military operation” at dawn on February 24, 2022, which has since turned into a bloody and attritional war, isolating Russia from the Western world.
Responding to the report, the Kremlin said it did not disclose any information on military deaths and casualties, which falls under the remit of the defence ministry.
Kremlin spokesman Dmitry Peskov added official secrets laws and those covering what Russia calls its “special military operation” in Ukraine meant it was “absolutely understandable” that the ministry did not release the figures.
The National Identity Management Commission (NIMC) has disclosed that 95 million Nigerians need to enroll for the National Identification Number (NIN) to meet its target of 200 million enrollments by 2025.
Kayode Adegoke, Head of Corporate Communications at NIMC, emphasised the importance of this enrollment during an interview on X over the weekend.
He stated, “For NIMC to meet the 200 million target by 2025, 95 million Nigerians need to register for the NIN.”
Adegoke revealed that over 105 million NINs have been issued to Nigerians and legal residents so far.
He assured Nigerians of the commission’s commitment, saying, “We want to assure Nigerians that within the next one or two years, we will reach our target of enrolling all Nigerians.”
“The NIN serves as a unique identifier for each citizen and has become increasingly important for various government initiatives aimed at improving security, governance, and service delivery.”
Adegoke highlighted the efforts to streamline the modification and enrollment processes under the leadership of Abisoye Coker, the director-general of NIMC. He announced the development of a self-service platform, allowing Nigerians to make necessary modifications such as changing names, dates of birth, email addresses, and phone numbers from anywhere, using different devices.
Emphasising the convenience of the self-service modification portal, Adegoke encouraged Nigerians to utilize this innovative solution.
He noted the evolution of the process, citing the past requirement for applicants to visit NIMC offices for data corrections.
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