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Imo Govt. Assures Completion Of Awo- Mmamma-Okwudor Road In 18 Months

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Governor of Imo State, Senator Hope Uzodimma has flagged off the construction of the 12-kilometer Awo-Omamma-Okwudor Road in Oru East and Njaba Local Government Areas of Imo State.

The road which past administrations ignored for reasons known to them will be completed in 18 months time, according to the governor.

The governor said he has engaged a reputable company known as HENAN D.R. to “do a world-class road that will compete with any other construction anywhere in the world.”

He said Awo-Omamma-Okwudor road will have double drainage and will help to address the road infrastructural deficit in Imo State as well as improve the economic activities in the two Local Governments in particular and Imo State in general.

Governor Uzodimma said the road is part of the government’s efforts to strengthen the economic activities in Imo and to “help the rural farmers in the area to be able to evacuate their farm proceeds to the urban areas and maximize the gains of their agricultural output.”

The Commissioner for Works, Barr. Raph Nwosu who gave a brief history of the road said it has broken down for the past 20 years and became a source of concern to the Shared Prosperity Government in Imo State, hence the need for the construction.

In another development, Governor Uzodimma used the opportunity to inspect a very bad spot at Mgbidi on the Owerri-Onitsha Express Road that was constructed about two years by Julius Berger after being engaged by the Federal Government.

The governor was attracted by the bad spot which has become a nightmare to commuters and said his government will intervene in the re-construction of the bad portion to reduce the stress on Imo people and on other Nigerian road users who will be plying-on it during the Yuletide.

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Senate confirms Bawa as EFCC Chairman

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The Senate, after a two-hour session on Wednesday at plenary confirmed the appointment of Mr Abdulrasheed Bawa as Chairman of the Economic and Financial Commission.

Bawa was nominated for the role by the President, Major General Muhammadu Buhari (retd.).

Also Read: “COVID19 shouldn’t end slipped out of my mouth”- Apostle Suleman

Speaking during the screening, the new Chairman denied an allegation that he sold the seized property in EFCC custody at its Port Harcourt Zonal office.

He said the seized property in Port Harcourt were properly disposed off by the agency’s officials from its headquarters.

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CBN, Others Defend Cryptocurrency Stance

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Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has insisted the Bank’s decision to stop deposit money banks, non-banking institutions and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerians.

Emefiele made the assertion on Tuesday, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation.

Emefiele also insisted that the operations of cryptocurrencies are dangerous and opaque adding that the use of cryptocurrency contravened an existing law.

He said given the fact that cryptocurrencies were issued by unregulated and unlicensed entities made it contrary to the mandate of the Bank, as enshrined in the CBN Act (2007) declaring the Bank as the issuer of legal tender in Nigeria.

Also Read: Abaribe Strikes As Adeyemi Calls Abia Governor Drunkard

“Cryptocurrency has no place in our monetary system at this time and cryptocurrency transactions should not be carried out through the Nigerian banking system,” he added.

The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda at the event clarified that there was no policy contradiction between the CBN directive and that of SEC on cryptocurrency.

Equally, the Independent Corrupt Practices and Other Related Commission (ICPC) and Nigerian Financial Intelligence Unit (NFIU) have supported the decision of the Central Bank of Nigeria to ban cryptocurrency use in Nigeria.

Chairman of ICPC, Bolaji Owasanoye, said the #EndSARS protest was largely financed by cryptocurrency, indicating that it could be used to fund insurgency.

The NFIU boss, Tukur Moddibo also said cryptocurrency failed the critical tests of vulnerability and attendant risks, noting that his agency averted a $3 million fraud linked to 20 bank accounts.

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Sex hawker caught, plan to sell her baby for 40k

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Sex Worker caught, plan to sell her baby for 40k

A commercial sex worker, Victoria Chukwube has been apprehended in Ebonyi state while trying to sell her baby.

According to the State Police in Ebonyi, the woman was apprehended for allegedly trying to discard her baby for N40,000 only.

Read More: True confession-a lady exposes how she sleeps with snakes, eat human flesh

Odah said, “So her name is Chukwube Victoria, she told us she is a commercial sex hawker and that she has this baby which she is carrying.

The 32-year-old woman said she needed to sell the four-month-old baby boy in order to raise money to start a business of selling drinks.

Ebonyi State Police spokesperson, Loveth Odah said Chukwube was arrested following a tip-off.

“She said if she leaves here she would continue to look out for prospective buyers.

“But we tried to talk to her and to make her see the value of being a mother, but she refused.

“She even told us that if we allow her to go home with the baby she will throw the baby away and that she can’t tell who got her pregnant.”

While Interrogating the lady, she refused to disclose her state of origin or local government but maintained that she does not have the financial capacity to take on the responsibility of caring for the child.
 
Chukwube said, “I am from Nigeria, 32 years old, a commercial sex hawker and my baby is just four months old. “I want to sell the baby at the rate of N40,000 to start up a business. I have a fridge and I reside at Ogbe Hausa in Abakaliki.”

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