NIGERIANS SHOULDN’T BE POOR — OBASANJO. (PHOTO).

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 Nigerians shouldn’t be poor — Obasanjo Former President Olusegun Obasanjo has asserted that Nigerians ought not to be living in poverty, given the country’s abundant natural and human resources. Speaking at a dinner hosted in his honour by the Abia State Government on Friday at the Government House in Umuahia, Obasanjo stated that the nation is richly endowed but continues to suffer as a result of the mismanagement of its resources. He said: “Nigerians have no business with poverty because God has given us all that we need. “If we are mismanaging what God has given us, we do not have God to blame, we have ourselves to blame.” The former president commended Governor Alex Otti of Abia State for his administration’s transformation efforts, highlighting the widespread public approval of his governance. He lauded the governor’s impact on the state and encouraged him to maintain the current trajectory of progress. Obasanjo reiterated that the country’s fortunes would be greatly improved...
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EFCC ARRESTS ALLEGED PONZI SCHEME OPERATORS IN ENUGU.{PHOTO}.#PRESS RELEASE.

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      Following intelligence received from a sister law enforcement agency, the South East Zonal office of the Economic and Financial Crimes Commission,EFCC todayThursday August 29, 2019 arrested three promoters and staff of Millionaires African Leaders Club, a Ponzi scheme operating from No. 79, Nike Road, Abakpa Nike, Enugu, Enugu State.
The Coordinator of the organization, Nwonu Priscilla Chika, told her interrogators that the club operates a collaborative contribution scheme, mostly transacted in cash on two class basis : first class and business class. Both attracts registration fees and monthly contribution of N3,000 and N25,000; and N2,000 and N12,500 respectively.
According to Nwonu, who claimed that that the scheme's corporate headquarters is at Nsukka with one Princess Benny as chief executive, said the Enugu office commenced operations barely two months ago and that the scheme promises their "investors" 50% return on the sum invested.
The suspect could not confirm the registration of the " firm" with the regulatory bodies such as the Securities and Exchange Commission, SEC, and the Central Bank of Nigeria, CBN.
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