HIGH STAKES IN MOROCCO SHOWDOWN AS NIGERIAN BILLIONAIRE PUTS $500,000 ON THE LINE.(PHOTO).

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 High stakes in Morocco showdown as Nigerian billionaire puts $500,000 on the line. Nigerian billionaire Abdul Samad Rabiu has pledged significant cash bonuses to motivate the Super Eagles ahead of their Africa Cup of Nations semi-final clash against host nation Morocco. Rabiu, Chairman of BUA Group, announced a $500,000 reward for a victory, with an additional $50,000 promised for every goal scored in the match. The pledge was disclosed in a message posted on X following Nigeria’s 2–0 victory over Algeria in Marrakech, a win that secured the Super Eagles a place in the last four of the tournament. Rabiu further revealed that he would reward the team with $1 million if Nigeria goes on to win the AFCON title, alongside a bonus of $100,000 for each goal scored in the final. Nigeria, three-time AFCON champions, will take on Morocco on Wednesday, January 14, as the tournament enters its semi-final stage.

N585M SCANDAL: PERM SEC ENITAN ASSUMES LEADERSHIP AFTER BETTA EDU’S SUSPENSION. (PHOTO).



N585m Scandal: Perm Sec Enitan assumes leadership after Betta Edu’s suspension


In the aftermath of the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, the Permanent Secretary of the ministry, Abel Olumuyiwa Enitan, has taken charge in accordance with President Bola Ahmed Tinubu’s directive.


This comes amidst the unfolding scandal involving the alleged payment of public funds into private accounts.


Abel Olumuyiwa Enitan assumed the role of overseeing the Ministry of Humanitarian Affairs and Poverty Alleviation following a letter from the office of the Secretary to the Government of the Federation (SGF), delivered Monday night. The swift transition of responsibility aligns with President Tinubu’s directive, as conveyed by his Special Adviser, Ajuri Ngelale, urging the suspended Minister to “hand over to the Permanent Secretary.”


President Tinubu’s directive also emphasized Dr. Betta Edu’s obligation to cooperate fully with investigating authorities during their inquiry into the alleged financial irregularities.


Additionally, a panel headed by the Coordinating Minister of the Economy and Minister of Finance has been tasked with conducting a comprehensive diagnostic on the financial architecture and framework of the social investment programs. This initiative aims to reform relevant institutions and programs to eliminate institutional frailties and restore public confidence.


The development has triggered diverse reactions, with stakeholders expressing their views on the unfolding scandal and the subsequent actions taken by the government. Civil society organizations and political commentators are closely monitoring the situation, emphasizing the need for transparency and accountability in handling public funds.

 

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