EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

-
Image
 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
Post a Comment

HOSPITAL ADMISSIONS MAY RISE OVER FUEL PRICE HIKE, NMA WARNS. (PHOTO).

-


 Hospital admissions may rise over fuel price hike, NMA warns


The Nigerian Medical Association, Lagos State chapter, has said that the hike in fuel price in the country could drive more Nigerians into depression, leading to a rise in the rate of hospital admission.


The association called on the President Bola Tinubu-led Federal Government to address the petrol price hike and end fuel importation in Nigeria.


The Nigerian National Petroleum Corporation Limited hiked the petrol price to N855 and above across its retail outlets nationwide on Tuesday.


Some independent marketers also now sell the product for as much as N1,200 and N1,300/litre in some states following the upward review of prices by the NNPCL.


The Lagos NMA, in a Thursday statement by its Chairman, Dr. Babajide Saheed, lamented that the decision had imposed further unbearable hardship on Nigerians, including medical doctors and dentists.


Saheed said many members of the NMA were being forced to leave the country in droves due to the economic situation, adding that the recent development would only exacerbate their ordeals.


“The hike in PMS prices comes at a time when Nigerians are enduring unprecedented economic pressures. The impact of this decision will ripple across all sectors, further deepening the mental, social, and emotional stress that citizens are currently experiencing.


“With inflation rates soaring and the cost of living at an all-time high, the sudden spike in petrol prices will not only increase the poverty level across the country but also contribute to rising rates of depression, hospital admissions related to stress-induced medical conditions, social unrest, and even mortality,” the chairman said.


The NMA, therefore, called on President Tinubu to “urgently intervene in this matter. We urge him to prioritise the welfare of Nigerians by immediately reversing the price hike of PMS to its previous level.”


According to Saheed, such a move will provide much-needed relief to NMA members and the general public, “who are struggling under the weight of the recent removal of petrol subsidy, escalating inflation, rampant insecurity, high electricity tariffs, and excessive taxation on wages.”


“It is high time Nigeria moved towards self-sufficiency in the production of petroleum products, including PMS. “We urge the government to expedite efforts to end the importation of petrol and focus on revitalising our local refineries,” Saheed added.

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more