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Ignore false alarm on insecurity – Kogi Govt. urges citizens, travellers

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Yahaya Bello Kogi state

Last Updated on August 23, 2023 by Fellow Press

Kogi Government has urged citizens and travellers to ignore false alarm on insecurity circulating that the state is not safe.

Retired Commodore Jerry Omodara, Security Adviser (SA) to Gov. Yahaya Bello of Kogi, made the call while speaking with the News Agency of Nigeria (NAN) in Lokoja.

An alarm in in form of a notice in circulation in the state claims, “Kogi State is hot for now. For those visiting kogi State to see family and friends please avoid this areas, Jimgbe, Elete, Emoro, Geregu down to Ajaokuta.

“Also, avoid Obajana old road. Even if you are stick in traffic due to the new bridge construction, please avoid the old road, it’s very dangerous.”

Omodara said there was the need to caution people, to avoid believing in unconfirmed reports like that, especially when it had to do with security in Kogi.

“As things are in terms of security, there is such thing happening in Kogi. It’s all but falsehood.

“Trust us, we will not give anyone the chance to torment the people of Kogi as it used to be in the past. As it is, there is no cause for alarm as long as Kogi State is concerned.

“This is because criminals coming into the state are quickly harvested. We are harvesting them even with those who ran to other states as we ensure we go after them and bring them back to face prosecution.

“All we expect from the public is timely information and the security agencies will do their job, ” he said.

The security adviser explained, “it’s true you can’t completely eliminate criminality in any society, but the compact system of neighborhood and the security architecture put in by the Federal Government in Kogi is working very well along with the will power of the Kogi Government to deal with the emerging security situation.

According to him, “If we have one or two security challenges, be sure we have nipped 6 or 7 or 8 in the bud.”

He said for the fact that there was an incident recently, people should stop enlarging it as if it was a threat to wellbeing of residents and passers-by.

“We all know what the security situation in Kogi was and what we are having now.

“The government of Gov Bello has been able to bring sanity in Kogi, where the people are very free, doing their legitimate businesses without any fear of harassment.

“Therefore, rather than escalating falsehood on social media, it’s better you channel information, whenever you discovered any security challenge or breach to the security operatives for prompt action,” he advised.

Omodara expressed gladness that the government and security operatives were getting it well in Kogi.

“Till the last day of Alh. Yahaya Bello in office as governor, and even to the next government, we will continue to fight insecurity in Kogi for the good of our people.”

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FG updates on UAE lifting visa ban on Nigeria

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The Minister of Aviation, Festus Keyamo, has revealed that the United Arab Emirates (UAE) government will soon announce the date for lifting the visa ban that has been imposed on Nigerian travellers.

This information was shared during an interview with Otega Ogra, Senior Special Assistant to President Bola Tinubu, which is available on the official YouTube page of the State House of Nigeria.

Keyamo acknowledged that while a resolution was reached between President Bola Tinubu and UAE President Mohamed bin Zayed Al Nahyan during President Tinubu’s working visit to the UAE in September 2023, additional processes were required before the ban could be officially lifted.

He said the processes have now been completed, paving the way for the imminent announcement from the UAE government.

“After that high-level meeting, Mr. President, credited to him, made things very easy for us all. We did our follow-ups as his ministers. We have done everything. We have resolved everything.

“Just wait for the announcement from the UAE government, and that announcement is imminent,” Keyamo stated.

The Minister further mentioned that he is aware of the specific date when the travel restriction will be lifted, but he emphasized that it is up to the UAE government to make the official announcement.

The lifting of the ban is expected to restore ease of travel for Nigerian citizens to the UAE, thereby enhancing bilateral relations and cooperation between the two countries.

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Otedola, Zenith Bank settle out-of-court

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The Federal High Court of Nigeria, Lagos Division, dismissed the case on Thursday on receiving a notice of discontinuance from the plaintiffs.

Femi Otedola, the chairman of FBN Holdings and majority shareholder of Geregu Plc, and some of his companies have opted for an out-of-court settlement with Zenith Bank Plc.

Otedola was involved in a legal dispute with the bank over alleged “fraudulent transactions” on his company’s accounts.

Court papers obtained by PREMIUM TIMES showed the Federal High Court of Nigeria, Lagos Division, where Mr Otedola and his companies filed the suit against the lender on 12 March, dismissed the case on Thursday, 13 June, on receiving a notice of discontinuance from the plaintiffs.

Zenon Petroleum & Gas Limited, Seaforce Shipping Co. Limited, Luzon Oil & Gas Limited, Garment Care and Mr Otedola were the plaintiffs, while Zenith Bank, Quantum Zenith Securities & Investment Limited, Veritas Registrars Limited and Central Securities Clearing System Plc were the defendants.

According to a court document, Justice A.O. Faji discontinued the lawsuit after the counsel for the first to third defendants and the counsel for the plaintiffs asked for the matter to be dismissed, with the “counsel for the fourth defendant not objecting.”

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Mr Otedola and his companies initiated legal action against Zenith Bank and the other defendants in March, claiming that the lender disposed of his shares in the bank without authorisation, manipulated the companies’ bank accounts and fabricated some documents to conceal the alleged crimes.

He accused the lender of wrongfully calculating his debts before selling them to the Asset Management Corporation of Nigeria (AMCON), which the bank set up to buy the non-performing loans in the books of banks with the intention of recovering them thereafter.

Zenon had claimed that the letters of credit that led to the bad loans AMCON acquired were opened before the corporation took over the debt in December 2011. The company stopped operating the account after AMCON’s intervention.

According to a document seen by PREMIUM TIMES, the overdue on Zenon’s account at the point AMCON took over the liabilities was N39 billion. Zenon said Zenith Bank offered the debt to the corporation at N49 billion. AMCON ended up paying the bank N44.1 billion for the debt.

Sources with knowledge of the matter told PREMIUM TIMES in May that Mr Otedola chose to take legal action against the bank after several failed reconciliation attempts. During the month, both parties held three meetings, none yielding the desired results.

“It is clear that Zenith Bank Plc is not sincere in resolving this issue out of court and as such a time-wasting exercise,” one of the sources said.

“At this juncture, we have resolved to pursue our claims via the judiciary, law enforcement, the CBN and the court of public opinion as we know that our claims are very genuine.”

According to a document detailing the deliberations of both parties at a meeting held on 20 May, Zenith Bank agreed to refund the N205 million it wrongfully debited to Zenon’s account with compounded accrued interest using a bankdraft.

Seaforce Shipping Company Limited, owned by the billionaire tycoon, said Zenith Bank presented some statements of account claiming that it owed the bank N5.9 billion as of February 2024. It added that Zenith Bank abandoned the claim after the company showed proof that Seaforce’s account was in credit as of 2018.

A source said Zenith Bank sold the 415 million shares that Zenon held in Zenith Bank for N4.9 billion in December 2010, noting that the shares were repurchased in the following month for N5.4 billion, triggering a net loss of N142.9 million.

He further disclosed that related transactions were carried out on Mr Otedola’s account, causing a net loss of N61.5 million and a combined loss of N205.4 million in both cases.

Isyaku Mohammed, the commissioner of police in charge of administration at the Force Criminal Investigation Department, summoned the managing director of Zenith Bank on 16 May over what he described as an alleged unauthorised debit to Zenon’s account.

“This office is investigating an alleged case of fraudulent misrepresentation, wrongful debit and unauthorised transactions referred from the assistant inspector general of police, FCID Annex, Alagbon Close, Ikoyi, Lagos, involving your financial institution,” the letter, a copy obtained by PREMIUM TIMES, read.

“A precis of the petition at disposal reveals that sometime in 2011, an unauthorised withdrawal was carried out on the account of Zenon Petroleum Gas Limited with number 10110385211 to the tune of Two Hundred and Five Million, Three Hundred and Forty-six Thousand, Five Hundred and Seventy-Three Naira (N205,346,573.00) without justification.”

The letter stated that Zenith Bank wrongfully opened some letters of credit after AMCON acquired the debt in 2011, which led to unsolicited loan disbursement that further plunged Zenon into indebtedness.

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