UNKNOWN INDIVIDUALS LOOTED PALLIATIVES AT OUR OWERRI RALLY – CITY BOY MOVEMENT. (PHOTO).

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 Unknown individuals looted palliatives at our Owerri rally – City Boy Movement An empowerment programme organised by the City Boy Movement, a support group for President Bola Tinubu, descended into disorder on Saturday when a large crowd surged forward and looted items intended for distribution to beneficiaries across Nigeria's South-East region. The event, held at Heroes Square in Owerri, marked the official launch of the Renewed Hope National Tour and the City Boy Movement South-East Youth Tour and Empowerment Programme on March 14, 2026. It aimed to provide support to young people, market traders, and vulnerable individuals from Abia, Anambra, Imo, Ebonyi, and Enugu states. Items prepared for distribution included shuttle buses, sewing machines, deep freezers, grinding machines, barbing kits, wheelchairs for persons with disabilities, smartphones for content creators, generator sets, laptops, cash grants, farming kits, fertilizers, and hair salon equipment. According to the mov...
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POCA: ICPC BEGINS DISPOSAL OF FORFEITED ASSETS.(PHOTO).#PRESS RELEASE.

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POCA: ICPC Begins Disposal of Forfeited Assets

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Friday, commenced the process of disposal of assets forfeited to the Federal Government in line with the Proceeds of Crime (Recovery and Management) Act (POCA) signed into law by President Muhammadu Buhari on the 12th of May, 2022, with a bid opening to select auctioneers.

In his opening remarks at the event, the Chairman of the Commission, Professor Bolaji Owasanoye, SAN, OFR, who was represented by a Board Member of the Commission, Dr Louis Mandama mni, hailed the impact of the bill on the anti-corruption war and described it as a tool which brought clarity and purpose to the previously murky waters of asset recovery and management.

According to the Chairman, the unregulated structure surrounding forfeited assets often led to huge revenue loses which ultimately defeated the purpose of recovery.

He further stated that the Proceeds of Crime Act introduced a standardized procedure for management and disposal of forfeited assets, helped set up a governing directorate, and ensured that all processes were deliberated on and executed by professionals who were experts in relevant fields. This, according to him, promotes transparency and prioritizes corruption prevention.

The ICPC boss also highlighted the fact that each agency that recovers assets was responsible for the disposal of the forfeited assets and the process was tamper-proof as it instructs that all proceeds be lodged in a dedicated account, domiciled in the Central Bank of Nigeria and accessible only at the discretion of the National Assembly and President of Nigeria.


 

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