PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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MAN ARRAIGNED FOR N1.5BN STOVK FRAUD IN ENUGU. (PHOTO).#PRESS RELEASE.

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Man Arraigned for N1.5bn Stock Fraud in Enugu

The EFCC, Enugu Command, on Tuesday, February 1, 2022 arraigned one Chiedu Ijiomah and his Company, Adonai Stockbrokers Limited before Justice C. C Ani of the State High Court Enugu on a three count charge bordering on stealing, breach of trust and fraudulent diversion of shares to the tune of N1.5 billion.

Chiedu Ijiomah and Adonai Stockbrokers limited between 4th December, 2016 and 14th March, 2016 allegedly stole and fraudulently converted to his personal use the total number of N1,408,369,859.00 (One Billion, Four Hundred and Eight Million, Three Hundred and Sixty Nine Thousand , Eight Hundred and Fifty Nine Naira ) from account number 45927884/C695275KL, being the property of one Kalu Uke Kalu and thereby committed an offence contrary to section 342,353 (h)(i)(ii)(iii) and (i) of the Revised Criminal Code Law (CAP.30) of the Enugu State of Nigeria, 2004. 

 

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