NIGERIAN MAKES U.S MOST WANTED LIST OVER $1M FRAUD. (PHOTO).

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 Nigerian makes US Most Wanted List over $1m fraud A Nigerian, Onoriode Ezewu, has been named on the United States Department of Labour’s first-ever Most Wanted List over allegations of money laundering involving fraudulent unemployment benefit claims worth more than $1m. The department’s Office of Inspector General unveiled the list on its website on Wednesday, naming 16 fugitives wanted in cases involving alleged fraud, identity theft, money laundering, labour trafficking and other offences. According to the agency, the cases collectively involve more than $55m allegedly stolen from American taxpayers. Ezewu’s profile on the department’s website identifies him as wanted for concealment money laundering and states that he is believed to be residing in Nigeria. “In January 2021, Ezewu was charged with 15 counts of concealment money laundering tied to fraudulent UI and Pandemic Unemployment Assistance claims filed using stolen identities, in a scheme exceeding $1 million that also t...
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BLACKOUT: NATIONAL GRID COLLAPSES AGAIN PLUNGING NIGERIA INTO TOTAL DARKNESS.(PHOTO).

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 Blackout: National grid collapses again plunging Nigeria into total darkness

Nigeria’s national electricity grid collapsed early on Monday at about 2:00 am, plunging the nation into total blackout.


According to data from the Transmission Company of Nigeria (TCN), the four generation companies recorded 0MW generation from around 2:00 am this morning.


Furthermore, load allocation to Discos as the time of filing this report was zero in seven out of the 11 electricity distribution companies (Discos), with Ikeja, Benin, Abuja and Ibadan Discos the exceptions. In total, the load allocation to Discos stood at a meagre 250MW this morning.


The TCN is yet to confirm the collapse of the grid. If confirmed, this would be the sixth grid collapse this year and would add to the nation’s recent electricity woes.


The Nigeria Electricity Regulatory Commission (NERC) earlier this month hiked the electricity tariff for ‘Band A’ customers by around 300% to N225/KWh in a bid to attract investment and reduce the electricity subsidy cost on the Federal Government. Diverse reactions have trailed the move, with some members of the public applauding and others expressing condemnation for the increase.


The recent collapse has negative implications for businesses and households if sustained over a long period without resuscitation.


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