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JUST IN: Details Of The Deal That Led To The Release Of Cubana Chief President Emerge

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JUST IN: Details Of The Deal That Led To The Release Of Cubana Chief President Emerge

The Federal High Court in Lagos struck out the charges against celebrity barman, Pascal Okechukwu, popularly known as Cubana Chief Priest, on Tuesday.

News ToGo reports that Justice Kehinde Ogundare dismissed the charges following the adoption of terms of settlement between the involved parties.

The Economic and Financial Crimes Commission (EFCC) had arraigned Cubana Chief Priest on April 17 on a three-count charge for allegedly spraying and tampering with naira notes during a social event at Eko Hotel in Lagos. He pleaded not guilty and was granted bail set at ₦10 million.

Defense counsel, Mr. Chikaosolu Ojukwu (SAN), informed the court on May 2 that both parties were exploring a settlement in accordance with Section 14(2) of the EFCC Act. The defense subsequently withdrew its preliminary objection, which the court approved.

The case was adjourned until June 5 for a settlement report but was further postponed to June 25 due to the absence of the defense counsel. When the case resumed, both parties confirmed the settlement terms.

Prosecutor Mrs. Bilikisu Buhari stated, “The prosecution has filed the terms of settlement dated June 24 and we adopt the same.” Defense counsel Ojukwu agreed and thanked the court, adding that part of the obligations had been performed.

Justice Ogundare ruled, “Upon the agreement of the prosecution and defense pursuant to the EFCC Establishment Act, the agreement having been presented to the court, this charge is hereby struck out as the defendant is hereby cautioned.”

The settlement terms include:

  • Cubana Chief Priest will enter a bond with the EFCC to maintain good behavior and avoid economic and financial crimes.
  • He will engage in rigorous sensitization campaigns against the abuse of naira notes.
  • He must bi-monthly post at least two videos on his social media handles promoting the campaign.
  • He will pay a sum not less than ₦10 million to the consolidated revenue fund of the Federation.

Cubana Chief Priest was initially charged with tampering with ₦500 notes while dancing at a social event, violating Section 21(1) of the CBN Act of 2007.

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Dangote Reveals NNPC Officials, Others Have Oil Processing Plants Abroad Amid Moves Against Him (VIDEO)

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Dangote Reveals NNPC Officials, Others Have Oil Processing Plants Abroad Amid Moves Against Him (VIDEO)

Africa’s richest man, Aliko Dangote, has revealed that some staff members of the Nigerian National Petroleum Company (NNPC) Limited and oil traders are operating a blending plant in Malta, Europe.

News ToGo reports that Dangote made this statement over the weekend when he hosted the leadership of the House of Representatives, led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu.

He asserted that the quality of fuel produced at the Dangote Refinery is far superior to that of the fuel imported by other marketers, which has caused significant damage to many vehicles in Nigeria. “I still stand by what I said. Go to filling stations and check the quality. That is the only way,” Dangote emphasized.

He continued, “We know where they blend these things. Some NNPC people and some traders have opened a blending plant somewhere off Malta. We all know these areas. We know what they are doing.”

Dangote also addressed claims that his group of companies enjoys a monopoly, calling these assertions untrue.

“If you look at all our operations at Dangote (Group), we add value by taking local raw materials and turning them into products. We have never consciously or unconsciously stopped anyone from doing the same business we are doing,” he explained.

He pointed out that when Dangote entered the cement production industry, Lafarge was the only other company operating in Nigeria, yet no one labeled Lafarge a monopoly.

“Monopoly is when you stop people and block them through legal means. No, it is a level playing field where whatever Dangote was given in cement, for example, others were given as well, with some even receiving more than us,” he added, expressing his disheartenment over the monopoly accusations.

Watch video below:

Video credit: Channels

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BREAKING: Tinubu Sends N70, 000 New Minimum Wage Bill To NASS

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BREAKING: Tinubu Sends N70, 000 New Minimum Wage Bill To NASS

President Bola Tinubu has submitted a national minimum wage bill to the House of Representatives for consideration and passage.

News ToGo reports that last Thursday, President Tinubu and the leadership of the Organized Labour agreed on ₦70,000 as the new minimum wage for Nigerian workers. The Information Minister Mohammed Idris confirmed, “the new national minimum that Mr. President is expected to submit to the National Assembly is ₦70,000.”

This agreement followed weeks of negotiations between labour leaders and the President after months of failed talks between labour organs and a tripartite committee on minimum wage constituted by the President in January. The committee, comprising state and federal governments and the Organized Private Sector, had proposed ₦62,000, while labour insisted on ₦250,000 as the new minimum wage for workers currently earning ₦30,000.

Labour had argued that ₦30,000 was unsustainable due to inflation and the high cost of living following the removal of petrol subsidies by the President. Despite initially demanding ₦250,000, Labour accepted the President’s offer of ₦70,000 last Thursday.

Nigeria Labour Congress (NLC) President Joe Ajaero explained that Labour agreed to ₦70,000 and rejected a proposal to pay ₦250,000 on the condition of increasing petrol prices. He also noted that the minimum wage would now be reviewed every three years instead of every five years.

The wage bill transmission follows President Tinubu’s announcement in his Democracy Day speech on June 12, 2024, that an executive bill on the new national minimum wage would be sent to the National Assembly for passage.

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BREAKING: Shaibu Joins APC, Reveals How They Will Take Over Edo As He Teams Up With Oshiomhole

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BREAKING: Shaibu Joins APC, Reveals How They Will Take Over Edo As He Teams Up With Oshiomhole

The reinstated Deputy Governor of Edo State, Philip Shaibu, has formally rejoined the All Progressives Congress, APC, from the Peoples Democratic Party, PDP.

News ToGo reports that prominent members of the Dan Orbih-led Legacy Group of the PDP as accompanied Shaibu as he returned to APC.

Shaibu walked straight to where former Governor of the state, Senator Adams Oshiomhole, was seated at the venue and knelt before him, drawing applause from party supporters.

He said, “On behalf of the Legacy Group, I announce our movement to the APC. We have come to add value to the party.

“It is time to take back our state. We will not talk too much because action will speak for us. We are not afraid. We are ready to move forward.

“We, the homeboys, are ready to take our state back through the APC governorship candidate, Monday Okpebholo, and his running mate, Dennis Idahosa.

“We are not troublemakers, but if it comes, we will use it to rub our body, and we move on.”

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