INDIA-BOUND BROTHERS ARRESTED AT LAGOS AIRPORT WITH 5KG COCAINE IN WALLS OF SUITCASES, AS NDLEA INTERCEPTS UK TECHIE WITH LARGE CONSIGNMENT OF LOUD AT MMIA; NABS 75-YEAR-OLD GRANDPA WITH SKUNK IN ABIA; DESTROYS OVER 250,000KG CANNABIS IN CROSS RIVER COMMUNITY. (PHOTOS). #PRESS RELEASE

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 India-bound brothers arrested at Lagos airport with 5kg cocaine in walls of suitcases . As NDLEA intercepts UK techie with large consignment of Loud at MMIA; nabs 75-year-old grandpa with skunk in Abia; destroys over 250,000kg cannabis in Cross River community Operatives of a Special Operations Unit of the National Drug Law Enforcement Agency, NDLEA, have arrested two brothers: John Abugu, 43, and Kenneth Abugu, 31, at the Murtala Muhammed International Airport, MMIA Ikeja, Lagos with 5kilograms cocaine concealed in walls of their suitcases while attempting to board a flight to India. The two brothers were arrested at the Lagos airport on Thursday 3rd April 2025 following proactive processing of credible intelligence. They claimed they were travelling to India for medical treatment but when their suitcases were thoroughly searched by NDLEA officers, whitish powdery substances later confirmed to be cocaine were discovered on the walls of their bags. In a similar development, NDLEA ...

FG EXPLAINS PARIS CLUB REFUND TO STATES.#PRESS RELEASE.

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    FEDERAL MINISTRY OF FINANCE
HEADQUARTERS, CBD, AHMADU BELLO WAY, ABUJA
PRESS UNIT
News Release September 11, 2018
The Federal Ministry of Finance on Tuesday provided some clarifications on the Paris Club Refund approved for the 36 States of the Federation.
2. It will be recalled that the issue of Paris Club loan over-deduction had been a long standing dispute between the Federal Government and the State Governments which dated back to the period of 1995 to 2002. In response to the dispute, President Muhammadu Buhari directed that the claims of over-deduction should be formally and individually reconciled by the Debt Management Office (DMO). This reconciliation commenced in November 2016.
3. As an interim measure to alleviate the financial challenges of the States during the 2016 recession, the President had approved that fifty percent (50%) of the amounts claimed by States be paid to enable the States clear salary and pension arrears. This was released between 1st December, 2016 and 29th September, 2017. This refund was part of the Governmentā€™s fiscal stimulus to ensure the financial health of Sub-National Governments.
4. The DMO led the reconciliation process under the supervision of the Federal Ministry of Finance. The final approval of US$2.689 billion is subject to the following conditions:
(i) Salary and staff related arrears must be paid as a priority;
(ii) Commitment to the commencement of the repayment of Budget Support Loans granted in 2016, to be made by all States;
(iii) Clearing of amounts due to the Presidential Fertiliser Initiative,
(iv) Commitment to clear matching grants from the Universal Basic Education Commission (UBEC) where some States have available funds which could be used to improve primary education and learning outcomes.
5. The payment of the approved amount is to be made in phased tranches to the States.
Signed:
Hassan Dodo    
 Director (Information)
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