Tag Archives: Sell

Babies Sell For N450,000 Each In Akwa Ibom- Police

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The Akwa Ibom State Police Command has arrested no fewer than 11 suspected child traffickers in the state.

Commissioner of Police, CP, Mr. Murtala Mani, weekend, said a syndicate that specialised in trafficking babies was smashed by the anti-kidnapping unit of the force.

According to him, a woman, Comfort Edem, was arrested on October 13, following intelligence report that she had been running an illegal maternity home for the purpose of trading in children. Mani, who spoke through the Police Public Relations Officer in the state, Cordelia Nwawe, noted that the suspects sold the trafficked children at N450,000 each.

According to him, “the suspects went after pregnant teenagers and negotiated the prices of the unborn children with them and once the babies were born, they would be given to the traffickers.

“Information at our disposal led to the interception of a syndicate which traffic babies in Akwa Ibom. On October 13, the anti-kidnapping unit intercepted a woman who owns an illegal maternity home.

“She specialises in making sure that she takes in pregnant teenagers. Once the babies are born, those babies are sold and trafficked out of Akwa Ibom. As a matter of fact, the girls had reliably informed us that this is not the first time they had sold their babies for N450,000 each.”

He also said another syndicate, who sold children for N500,000 each, was also smashed, adding that the police had rescued a two-month old girl who had been sold to a woman in Rivers State.

Credit:

http://www.vanguardngr.com/2016/10/babies-sell-n450000-akwa-ibom/

Don’t Sell NLNG, NNPC, Ezekwesili Warns FG

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The Senior Economic Adviser of the Africa Economic Development Policy Initiative and the initiator of Bring Back Our Girls (BBOG) project, Dr Oby Ezekwesili, yesterday, joined the  league of prominent Nigerians opposed  to the sale of Nigerian National Petroleum Corporation (NNPC) and Nigerian Liquefied Natural Gas (NLNG).
The former Education Minister in a statement made, said “I am opposed to the sale of any productive assets like the NLNG because there seems to be no clear economic vision and rigorous analytics to serve as the anchor for such a major policy thrust. We need well deliberated policies from our government including the plans for revitalisation of the programme of privatisation being run by BPE to properly situate public debate of economic structural change agenda. After all, even in our country, there is now proof that the economy can relatively respond to deliberate, well thought and rigorous analysis of context and sound policy options in resolving growth and development problems.” But for the refineries, she  said that  the government can proceed urgently through the Bureau of Public Enterprises (BPE) to sell them off, because, according to her, they are  acesspit of corruption in the  petroleum sector, stressing that their sale would amount to fiscal savings and should therefore be supported by all.
Exekwesili however, regretted that at the inception of this administration, on May 29, 2015, when the economy  showed signs of strait, the government did not act fast to prevent the present economic situation.
“The parlous state of the Nigerian economy on May 29, 2015 should therefore have instructed an incisive and urgent macroeconomic stabilisation  programme to realign price levels in the economy. If a menu of sound monetary and fiscal policies that the economy needed on May 29, 2015 had been provided, it would have sent the right signal to players that there was no cause for alarm. Had the government made quick and necessary adjustments that corresponded close enough to the level of impact that a 40 per cent sharp drop in government oil revenue necessitated, the story would most likely be less negative today.”
She further noted that “With inflation- nay, stagflation- now at high double digits of 18 per cent , with the decline of foreign reserve from $37.3 billion at end of 2014 to $25billion in September 2016, with an “administrative-floating ” exchange rate regime that still creates enormous opportunities for corruption and rent seeking arbitrage, with a high interest rate that poses a stress for the financial sector because of deteriorating bank asset quality as well as for limited access to credit by the real sector, with a continuously declining aggregate demand, with a shrinking gross domestic product, with 2016 budget deficit level of $11billion that still has unclear sources of financing…”

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http://sunnewsonline.com/dont-sell-nlng-nnpc-ezekwesili-warns-fg/

News Reporter Who Quit On Air To Sell Weed Faces 24 Years Behind Bars

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Remember the Alaska news anchor who was doing a segment on the Alaska Cannabis Club and then shocked everyone when she revealed she was the owner and quit live on television? Well it looks like she should have kept her daytime job because her Cannabis Club got her in some big legal trouble and could spend the next 24 years of her life behind bars.

According to Complex , Greene has been hit with 8 charges of “misconduct with a controlled substance.” What’s interesting about this is that Alaska legalized marijuana in November 2014, two months after Green’s epic resignation.

Where Greene messed up is that the legalization didn’t go into effect until February 2015. In that time copes raided her club twice and ended buying six things , which lead to her extreme charges.

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News Reporter Who Quit On Air To Sell Weed Faces 24 Years Behind Bars

No Plan To Sell Any Asset Now- FG

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The federal government Tuesday said it has not taken any decision to sell any national asset.

Minister of Budget and National Planning, Senator Udoma Udo Udoma appealed to those opposed to the planned sale of some national assets to exercise patience with the government “as the government is yet to decide on assets sale in its stimulus package.”

Udoma made the disclosure in Abuja at the 57th Annual Conference of the  Nigerian Economic Society (NES) where he stated that the idea of selling national assets “is just a proposal within the stimulus package of the federal government to scale up revenue but is yet to be finalised or even agreed on.”

The budget and national planning minister said government will consult widely and hear views on the cost and benefit of the planned sale before any such decision will be made.

He said the administration has several packages and plans that will ensure that Nigeria comes out of the current recession soon and stronger. One of such packages he noted is the stimulus plan to borrow from the World Bank, African Development Bank (AfDB) and the China Exim Bank.

Udoma said that the stimulus package was being worked upon and was yet to be finalised, adding that to achieve this speedily “we are working to fast track procedures through presidential directives and legislation and I want to emphasis that notwithstanding the current economic challenges we face, we are not discouraged at all and this is a crisis we must not waste.”

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http://thenationonlineng.net/no-plan-to-sell-any-asset-now-says-fg/

INEC Asks Edo Women Not To Sell Votes

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The Independent National Electoral Commission (INEC) on Thursday organised a sensitisation forum for women in Edo State to educate them on the need to vote wisely on September 10 and not to mortgage their conscience for bags of rice.

 

Blessing Obidegwu, the Deputy Director, Gender Division, INEC headquarters, stated this in Benin City while delivering lecture to Edo State women, civil society, nongovernmental organisations and women leaders from all markets across the state.

 

Obidegwu, who put the statistics of prospective voters in Edo State at 1,925,105, stated that women make up a large percentage but regretted that women’s participation is very low.

 

According to the INEC deputy director, “It is regrettable that only one political party fielded a woman candidate out of the 19 political parties contesting the Edo gubernatorial election and 8 fielded women as deputy governor, even the increase in the deputy was as a result of our several engagement with political parties on the needs for them to involve more women in the political process”.

 

Obidegwu further advised women in the state to inculcate the message of peace to their children who usually are tools in the hands of desperate politicians.

“Mothers bear the brunt of most violence in elections; therefore, you should dissuade your children from being used as political thugs by politicians”.

 

While decrying the spate of inconclusive elections in Nigeria, she said Edo State could be different if violence, over voting, and impunity by political parties are discouraged.

 

Also speaking at the forum was Uloma Osuala, the Deputy Country Director, International Foundation of Electoral Systems (IFES), who said women should not just make the numbers during voting but should actively participate in the electoral process like contesting election while Mufuliat Fijabi, who is the Gender Advisor to IFES spoke intensively on the need for women to vote rightly and not allow themselves to be intimidated by even their spouse.

 

Meanwhile, Sam Olumekun, the resident electoral commissioner of Edo State, who was represented by Mathew Ogwuocha also spoke extensively on the consequences of selling of vote, violence, and role women can play to make the election free, fair and transparent.

My Pastor Pushed Me To Sell Stolen Car– Suspect

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e Lagos State Police Command has arrested a robbery suspect, Olawale Olabinwonu, while attempting to sell a stolen vehicle.

Olabinwonu, an administrative officer of the Cherubim and Seraphim Church, Igbogbo, Ikorodu, was arrested by operatives of the Rapid Response Squad while trying to sell a Nissan Sentra, 2015 model.

The vehicle, whose number plate was changed, had been placed on an online shopping platform, where it was advertised for sale.

Police investigators had, on seeing the advert, called the contact on the website to indicate interest.

A man, who took custody of the car where it was parked in the Lekki area of the state, was said to have been arrested.

The suspect, however, denied ownership of the car and subsequently led detectives to Olabinwonu’s residence.

Olabinwonu was reported to have packed out of the house with his family after sensing danger.

He was, however, tracked to a church in the area where he was arrested.

It was gathered that the vehicle, which is owned by a bank, was stolen at gunpoint when some robbers attacked a hotel in the Iju-Ishaga area where the manager of the bank lodged.

The robbers were said to have made away with the car along with other valuables of the banker.

Olabinwonu, in his statement to the police, said the car was given to him by a friend he identified as Ahmed Abbey, who asked him to find a buyer for it.

He explained that he consulted his pastor twice, who assured him that nothing would go wrong and he could go ahead with the sale.

He said, “I met Abbey at Dammy Jay Hotel, Ikorodu. He came to my table, bought drinks for everyone and we became friends. While I was going home, he gave me N2,000.

“I saw Abbey later that week to ask if he could help me with some money because I had no job. He asked if I could help his sister, who was travelling overseas, to sell her car.

“I consulted my pastor and he told me to collect the car from him. I took the car from him, but after about three weeks and I couldn’t get a buyer, he took the car from me.

“Some weeks later, I saw him with the car and he challenged me that I didn’t want to sell the car.  After a while, we agreed that I should try again.

“I consulted my pastor again for him to pray about it. This time, my pastor introduced me to someone in Lekki, who had a car park at a very conspicuous place, where we could put the car for sale.  The car was there when I learnt that it was stolen at gunpoint.”

Olabinwonu said since his arrest, his friend had switched off his phone.

The Police Public Relations Officer, SP Dolapo Badmos, confirmed the arrest, saying efforts were on to get Abbey.

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http://punchng.com/pastor-pushed-sell-stolen-car-suspect/

I Never Said Petrol Will Sell For N40 Per Litre– Tam David-West

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A former Minister of Petroleum Re­sources, Prof Tam David-West, has denied newspaper reports, Daily Sun not included, that Buhari will crash the price of petrol to N40 per litre.

The Professor of Virology who spoke in a telephone interview at the weekend, said at no time did he ever made such com­ment, regretting that he must have been misquoted.

Rather, he said, he only canvassed that some 14 items currently listed in the petrol pricing template be re­moved as that would help crash pet­rol price to N40.

David-West said some of the 14 items included, Petroleum Equal­ization Fund (PEF) charges, trans­porters margin, lithering expenses among other charges, currently con­tained in the pricing template tend to increase the cost of petrol.

The former Minister said it was shameful that Nigeria is still in­volved in importation of petroleum products despite having four refin­eries capable of meeting the energy needs of the country.

He equally took a swipe at those pushing for sustenance of subsidy re­gime, saying the scheme was a fraud that should not be encouraged by all Nigerians.

‘‘I signed the contract for the re­finery in Port Harcourt in 1985. And I can tell you that there is nothing wrong with our refineries. But the is­sue is just that some people bent on sabotaging the efforts of government are frustrating plans to ensure that the refineries produce at optimal ca­pacity. David-West equally berated proponents of the co-locating of re­fineries, arguing that such idea was a waste of resources.

‘‘How can you co-locate refiner­ies within the existing refineries that NNPC has tagged as scraps? For you to co-locate refineries that means the refineries still have value and can be efficient,’’ he said.

Recall that NNPC had recently said that it was targeting to increase the nation’s refining capacity from 445,000 barrels per day(bpd) to 650,000 (bpd)

The Corporation said the move was aimed at reducing fuel importa­tion in the foreseeable future, adding that nine companies have submitted bids for the co-location of new re­fineries within the complexes of its three existing refineries in Kaduna, Warri and Port Harcourt.

Credit: Sun

See The Woman Who Planned To Sell Her Baby For N30,000

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At the recently concluded gospel crusade in Calabar, one Dr. Chris Okafor called out a rather bizarre case during his prophecy session, saying that there was a woman at the crusade ground who had been offered N30, 000 each for two of her lovely children.

The woman, he said, was making plans to actually sell her children to raise money for business. Pastor Chris Okafor and others during the crusade Before he was done dishing out the woman’s details prophetically as he is fond of doing, the woman ran out from the crowd and affirmed everything he had said.

Seeing her case was beyond prayers, the man of God after praying for her, asked how much she needed for business and she retorted “N30,000”. He then smiled and asked if it was okay to give her hundred thousand naira N100, 000. She was literally dumfounded. And indeed, right there and then, she got her own rather “financial deliverance” of N100, 000.

Credit: Vanguard

 

Nigeria To Sell N80bn Bonds

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Nigeria will sell N80 billion worth of bonds denominated in the local currency at an auction on January 20, her first debt auction of the year, the Debt Management Office (DMO) said on Monday.

The debt office said it will issue 40 billion naira each of bonds maturing in 2020 and 2026, using the Dutch auction system.

The 2020 debt is a reopening of a previously issued bond. The 2026 debt, according to Reuters, is a fresh issue. Results of the auction are expected the next day. Nigeria has proposed a plan to issue 260 billion to 390 billion naira in 5-, 10- and 20-year naira bonds in the first quarter of the year.

Nigeria said it will borrow about N900 billion locally to finance part of the N2.2 trillion deficit in its 2016 budget.

The Central Bank Nigeria (CBN) last week sold N136.24 billion in treasury bills with maturities from three months to one year at its first auction of the year on Wednesday, at higher yields than previously.

The central bank sold N55.4 billion of three-month paper at 4 percent, up from 3.62 per cent at a sale on December 23. It also sold N25 billion  of six-month debt at 6.99 per cent against 6.19 percent, and N55.84 billion  of one-year paper at 8.05 per cent compared with 7.45 per cent. Total demand stood at 311.5 billion naira compared with 226.97 billion last time.

Credit: ThisDay

Fuel Subsidy To Go Next Year, FG To Sell Petrol At N97 Per Litre

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Following increased pressure on revenue and the expenditure profile, the Federal Government has finally yielded to domestic and international pressures to remove fuel subsidy.

This is coming as crude oil prices hit a seven-year low with global reference crude, West Texas Intermediate and Brent trading yesterday at $34.7 and $36.7 per barrel respectively, effectively disrupting Nigeria’s $38 per barrel benchmark for 2016 budget.

The crash has resulted into about N1.45 trillion shortfall in the value of the projected oil output in the international market based on production target increased in the 2016 plan to 2.2 million barrel per day (mbpd), up from actual 1.9 mbpd in 2015.

On official exchange rate of N198/ $1 upon which the revenue projection was based, the value of the total budgeted oil output is $35.14 billion or N6.95 trillion but with the latest price development, the output would now yield $27.8 billion or N5.5 trillion

Credit: Vanguard

Suspected Kidnappers Sell Child For 700,000 Naira

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Nine persons suspected to be involved in the kidnapping of children for money have been arrested by the Police.

According to the police, the suspects kidnapped five children in Makurdi, took them to Umuahia, the capital of Abia State and sold one of the children for 700,000 Naira.

The Benue State Police Command in collaboration with the police in Abia State, traced and arrested seven of the kidnappers, including the child buyer who paid 700,000 Naira for one of the kidnapped boys.

The State Commissioner of Police, Mr Paul Yakadi, briefed reporters about the crime while parading the nine suspects and the rescued children before Governor Samuel Ortom of Benue State.

Credit: ChannelsTV

Aregbesola Will Not Sell Helicopter To Pay Workers- APC

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The Chairman of the All Progressives Congress, APC in Osun State, Mr. Gboyega Famodun, has reiterated that the governor of the state, Rauf Aregbesola will not sell the state helicopter to pay salaries of public workers.

Public outcry has greeted the inability of Aregbesola to pay workers in the state since 2014 while the opposition, Peoples Democratic Party, PDP, has urged him to sell the helicopter in order to reduce cost and upset some of the bills.

Read More: vanguardngr

ISIS’ Slave Markets Sell Girls For A Pack Of Cigarettes

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Teenage girls abducted by ISIS fighters in Iraq and Syria are being sold in slave markets “for as little as a pack of cigarettes,” the UN envoy on sexual violence said on Monday.

Zainab Bangura visited Iraq and Syria in April, and has since been working on an action plan to address the horrific sexual violence being waged by ISIS fighters.

“This is a war that is being fought on the bodies of women,” Bangura told AFP in an interview.

The UN envoy spoke to women and girls who had escaped from captivity in ISIS-controlled areas, met with local religious and political leaders and visited refugees in Turkey, Lebanon and Jordan.

Jihadists continue to run slave markets for girls abducted during fresh offensives, but there are no figures on the numbers enslaved by the fighters.

“They kidnap and abduct women when they take areas so they have, I don’t want to call it a fresh supply but they have new girls,” she said.

Girls are sold for “as little as a pack of cigarettes” or for several hundred or thousand dollars, she said.

Bangura described the ordeal of several teenage girls, many of whom were part of the Yazidi minority targeted by the jihadists.

“Some were taken, locked up in a room, over 100 of them in a small house stripped naked and washed.”

They were then made to stand in front of a group of men who decided “what you are worth.”

Bangura gave the account of a 15-year-old girl who was sold to an ISIS leader, a sheikh aged in his 50s, who showed her a gun and a stick and asked her “tell me what you want”.

“She said ‘the gun’ and he replied: ‘I didn’t buy you so that you could kill yourself'” before raping her, Bangura said.

Sell Helicopter To Pay Workers’ Salaries, PDP Tells Aregbesola

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The Osun State chapter of the Peoples Democratic Party has urged the State Governor, Rauf Aregbesola, to sell the state-owned helicopter to raise funds to pay workers’ salaries.

The party also blamed the governor for the financial crisis facing the state; accusing him of reckless spending such as the funding of the impeachment plot of Governor Ayo Fayose of Ekiti State.

But the Governor described the allegation as “infantile,” saying it would not amend the PDP’s battered image before the eyes of the Osun people.

He also said he would not sell the helicopter because it was meant to provide and complement security operations in the state.

Workers in Osun State are on strike over unpaid seven months salaries.

A statement by the PDP’s Director of Media and Strategy, Diran Odeyemi, in Osun, said one of the ways out of the financial crisis facing the state, was for the government to “sell the helicopter Governor Aregbesola said it procured for the state and stop frivolous trips to Cuba.”

While describing it as one of the drain pipes of the state funds, the opposition party said the administration had told the people that the helicopter was to be used for surveillance, but had since been serving the travel needs of Mr. Aregbesola and his family.

Read More: premiumtimesng

Fayose Allegedly Buys PVCs From Defected Party Members

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Governor Ayodele Fayose has been alleged to be buying PVC’s belonging to members of the All Progressive Party in Ekiti State and have now defected to the People’s Democratic Party.

The governor is alleged to be targeting people who are desperate for money such students of higher institutions and artisans, whereby they sell their voter cards in exchange for money.

He has been visiting numerous colleges where he deceives the younger population into buying their voter cards for money and the act has been described as uncalled for by the APC.

Read more: naij.com