MAN BRUTALISES HIS PREGNANT WIFE IN ANAMBRA . (VIDEO/PHOTO).

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 Man brutalises his pregnant wife in Anambra  In another case of domestic violence, a pregnant woman was brutally beaten by her husband in Ichi, Ekwusigo Local Government Area of Anambra State. The mother of three identified as Chinelo Francis, from Ebonyi State, said trouble began when she requested money from her husband, Peter, to prepare food.  According to the young woman, she had already bought vegetable with the profit she made from her shop. Peter, also from Ebonyi, claimed he didn’t make money that day and took the children home.  He returned to her shop at around 8:00 PM and insisted she close up and come home with him.  She refused, explaining that the time was when she typically made most of her sales.  Later, she closed up her shop, went home at 9:30 PM, prepared the children for bed, and retired. The interviewer urged her to go straight to the point, asking when the assault occurred. The woman said it happened that night.  The attack left...

FG TO BORROW DORMANT ACCOUNT BALANCES AND UNCLAIMED DIVIDENDS FROM NIGERIANS.{PHOTOS}.

 

The Federal government will be borrowing from Nigerians unclaimed dividends and bank account balances unattended to for at least six years.
This is according to the provisions in the Finance Act 2020 recently signed into law by President Buhari. The remitted funds will be available as special credit to the federal government through the Unclaimed Funds Trust Fund.
The Finance Act reads in part
“Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock Exchange and any unutilised amounts in a dormant bank account maintained in or by a deposit money bank which has remained unclaimed or unutilised for a period of not less than six years from the date of declaring the dividend or domiciling the funds in a bank account shall be transferred immediately to the trust fund''
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
According to the act, the monies transferred to the trust fund will be a “special debt owed by the federal government to shareholders and dormant bank account holders”. It also states that the original owners of the money can claim their money at any time.
The act stipulates that the operation of the trust fund will be supervised by the Debt Management Office (DMO) and governed by a governing council chaired by the finance minister and a co-chairperson from the private sector appointed by the president.

Other members of the governing council shall include the governor of the Central Bank of Nigeria (CBN), director-general of the Securities and Exchange Commission (SEC), managing director of the National Deposit Insurance Corporation (NDIC), a representative of the registrars of companies, two representatives of the shareholders’ association, a representative of the Bankers’ Committee and the director-general of the Debt Management Office as the secretary of the trust fund.
According to financial experts, this move will make needed funds available to the federal government without foreign exchange worries or conditions attached to loans from multilateral lenders.
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