TheNewsGuru

Tag: President Muhammad Buhari

  • Former President Buhari hails PEPC verdict as victory for democracy

    Former President Buhari hails PEPC verdict as victory for democracy

    Former President Muhammadu Buhari has expressed satisfaction with the ruling of the Presidential Elections Petition Court (PEPC) confirming the victory of the All Progressives Congress (APC) and its candidates, President Bola Ahmed Tinubu and Vice President Kashim Shettima, in the February 25 election.

    The senior special adviser, media and publicity to the former president Garba Shehu, made this known in a statement on Thursday.

    Buhari commended the PEPC for its decision, stating that it had made history by upholding justice and respecting the wishes of the majority of citizens.

    He stressed that democracy and the people emerged as the true victors in this ruling.

    “If anybody has won today, it is democracy and the people. With the verdict of the Supreme Court, the election period is over, and it is time to put the heat and dust behind us.

    “From here, the new APC administration led by Asiwaju Bola Ahmed Tinubu should get the support of everyone in order to deliver the promises it made to the people,” Buhari said.

    He extended his warm congratulations to President Tinubu, Vice President Shettima, and the APC on their victory in court, offering his best wishes for their success in fulfilling the people’s aspirations.

    On Wednesday, the Presidential Election Petitions Tribunal (PEPT) comprised of a 5-member panel of justices chaired by Justice Haruna Tsammani, affirmed Tinubu as the authentic winner of the 2023 presidential election.

  • Factcheck: Was Emefiele granted study leave by President Buhari ahead of May 29?

    Factcheck: Was Emefiele granted study leave by President Buhari ahead of May 29?

    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has been faced with a series of challenges ranging from economic crises to policy controversies, and his leadership of the Bank has been marked by both praise and criticism.

    One of the major challenges faced by Emefiele was the severe economic recession that hit Nigeria in 2016. Plunging oil prices, coupled with mismanagement and corruption, led to a sharp decline in the country’s revenue and foreign exchange reserves.

    Emefiele implemented various measures to stabilize the economy, including tight monetary policies and foreign exchange controls. While these measures helped to some extent, they also faced criticism for their impact on businesses and the overall economy.

    Prior to the general elections, politicians also criticized the impact of the Cash Swap Programme on the country’s economy, claiming that the program has contributed to cash scarcity and liquidity challenges, which made it difficult for businesses and individuals to access physical cash.

    In recent news, the Economic and Financial Crimes Commission (EFCC) made headlines with its reported efforts to arrest Emefiele, and the news had generated significant attention and sparked discussions regarding the motives and implications of such an action.

    Claim: President Buhari has granted CBN Governor, Godwin Emefiele, study leave ahead of May 29

    Media reports on Friday indicated that Nigerian President Muhammadu Buhari has approved study leave to the Governor of the Central Bank of Nigeria Godwin Emefiele, ahead of the May 29 inauguration.

    According to the reports, this presents an opportunity for Emefiele to flee the country before a new government is inaugurated, amid corruption and terrorism-financing allegations against him.

    How true is this claim?

    There is no credible information or official announcement to support this claim. As of Friday, there was no evidence to suggest that any study leave had been granted to the CBN Governor by President Buhari.

    Verdict: The claim that President Buhari has granted CBN Governor, Godwin Emefiele, study leave ahead of May 29 is therefore, false.

  • Sting Operation: EFCC arrests Kwara Yahoo boys, recovers cars, others

    Sting Operation: EFCC arrests Kwara Yahoo boys, recovers cars, others

    Following a sting operation, operatives of the Economic and Financial Crimes Commission, EFCC, have arrested 18 suspected Internet fraudsters, commonly called Yahoo Boys, in Ilorin, the Kwara State capital.

    The EFCC spokesman, Wilson Uwujaren, in a statement on Friday, gave the names of those arrested as Adeleye Ayodeji, Muhammed Ayub, Odelade Samuel, Sodiq Olanrewaju, Ola Francis, Adeniyi Damilare, Olalekan Samad, Tunde Ayodele, Zubair Buhari and Oladosu Naheem.

    Others were Olowokere Jamiu, Lawal Usman, Jamiu Abdulrasaq, Lawal Ahmed, Opeyemi Samuel, Alarape Ahmed, Kolawole Daniel and Ganiyu Taofeek.

    The EFCC spokesman said, “The suspects were smoked out of their hideouts at different locations following credible intelligence on the fraudulent activities of the fraudsters in Ilorin and its environs. Specifically, they were arrested at Sobi, Akerebiata and Las Vegas Estate, Asa Dam Road, Ilorin.

    “The suspects, who are mostly in their early 20s, included six students of renowned tertiary institutions in the state, a footballer, a fashion designer, a bitcoin dealer, a laundryman and an online gambler.

    “Upon arrest, five exotic cars, 32 different brands of mobile phones, eight laptops and other incriminating materials were recovered from them.

    The suspects will be charged to court upon conclusion of ongoing investigations.”

    TheNewsGuru.com (TNG) reports that The EFCC is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force on Money Laundering (FATF), which named Nigeria as one of 23 countries non-cooperative in the international community’s efforts to fight money laundering. The agency has its head office in Abuja, Nigeria.

    On July 10, 2020, President Muhammadu Buhari approved the immediate suspension of Ibrahim Magu as acting chairman of the EFCC in a statement issued by the Office of the Attorney-General of the Federation, Abubakar Malami.

    President Muhammadu Buhari also approved that the EFCC Director of Operations, Mohammed Umar Abba, should take charge and oversee the activities of the Commission pending the conclusion of the ongoing investigation and further directives.

    On 16 February 2021 Abdulrasheed Bawa was nominated as substantive chairman of EFCC by President Muhammad Buhari.