Connect with us

Foreign News

BREAKING: Your entire Country will be blown up if – US President Donald Trump threatens again – Crime Channels

Published

on

A prosecution witness, told an Abuja court that former President Olusegun Obasanjo asked former Minister of Power and Steel, Dr Olu Agunloye, to add N11 billion to the N6 billion already appropriated in the 2003 budget for the Mambilla Hydroelectric Power project.....TAP TO CONTINUE READING

The witness, Umar Babangida, an Assistant Commissioner of Police (ACP) and investigator with the Economic and Financial Crimes Commission (EFCC), said this during his continued cross examination by counsel for the former minister, Adeola Adedipe SAN.

Agunloye is being prosecuted by EFCC, on behalf of the Federal Government, on an amended seven-count charge bordering on disobeying presidential directive, conspiracy, forgery and receiving gratification before Justice Jude Onwuegbuzie, sitting at Apo, Abuja.

He was alleged to have while serving as a minister conspired with Leno Adesayan of SPTCL to forge a letter titled, “Construction of 3,960MW Mambilla Hydroelectric Power Station on a build, operate and transfer” basis.

He, however, pleaded not guilty to the charge.

The witness told the court that it took about 23 years from the feasibility studies for the project in 1981 to 2003 when it was eventually awarded.

He, added that seven companies which indicated interest in the construction of the power project were screened for the purpose.

Babangida said that as president, Obasanjo’s utmost desire was to kick-start the Mambilla project.

He added that the former president held a private meeting with Agunloye on the night of May 20, 2003.

According to the witness, EFCC investigation revealed that there was a private meeting, was held a night before the Federal Executive Council (FEC) meeting of May 21, 2003.

He noted that the former president directed that Agunloye should add N11billion to the already appropriated N6billion in the 2003 budget for the take off of the Mambilla project.

“Yes, my Lord. The former president mentioned it at the Federal Executive Council meeting.

” However, the details of the discussion of the previous day was not fully given by the former president,” Babangida told the court.

He added that the Federal Government could have paid the sum of $1.5 billion as its 25 per cent equity participation in the $6 billion power project on the basis of build, operate and transfer basis.

Babangida further told the court that after FEC members supported the memorandum presented by Agunloye on May 22, 2003 on the 25 per cent equity participation, the then Vice-President, Alhaji Atiku Abubakar and a sitting minister opined that a review government participation from 25 per cent should be considered.

He, however, asserted that it was not entirely true that it was on that basis that Agunloye was asked by the FEC meeting to withdraw his memorandum on the Mambilla project.

He said several observations were raised by the former president, the former vice-president and other members of the Executive Council which led the Council to directing the former minister (Agunloye) to withdraw the memorandum.”

The PW3 further told the court that Agunloye was directed to withdraw his memorandum with a view to engaging investors on constructive negotiation and exploit various investment options, to get a reduction in the 25 per cent equity participation.

He said that the various options mentioned by the Council included a zero per cent to not more than 25 per cent equity participation by the Federal Government.

When asked to read from the letter of award to Sunrise Power and Transmission Company Limited (SPTCL) written by the defendant and dated May 22, 2003, the prosecution witness said the former minister stated in the letter that, “Eventual equity participation will vary from zero to not more than 10 percent.”

The award is seen to have secured a reduction between zero per cent to 10 per cent of government participation, instead of the initial 25 per cent participation.

The witness, however, added that though the offer by the defendant to SPTCL on document was to reduced government’s equity participation from 25 per cent to a variation between zero per cent to not more than 10 per cent but that was not what transpired.

He however did not discuss what else transpired.

Justice Onwuegbuzie adjourned the case until Feb. 2 for further cross examination of PW3.(NAN)

Read The Full Article Here Now

 

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

Continue Reading
1 Comment

1 Comment

  1. Mmttc

    January 22, 2026 at 1:11 pm

    What has this mambila power rvbb!sh got to do with trump blowing nigeria?

Leave a Reply

Your email address will not be published. Required fields are marked *

Breaking News

War: Your missiles can’t stop mass Iranian drones – Zelenskyy warns Trump

Published

on

President of Ukraine, Volodymyr Zelenskyy has said that large numbers of Iranian drones cannot be effectively countered with Patriot missile systems alone.....TAP TO CONTINUE READING

According to him, the cost and production time of the missiles make it difficult to compete with mass-produced drones.

In an interview with the New York Post, Zelenskyy explained that a single Iranian “Shahed” drone is significantly cheaper than a Patriot interceptor missile, making it impractical to rely solely on such systems against large-scale drone attacks.

According to him, even thousands of Patriot missiles would not be enough to stop tens of thousands of drones, as the drones are far cheaper and easier to produce.

“Thousands of Patriot missiles cannot stop tens of thousands of Iranian “shaheds.” One such drone is forty times cheaper than a single Patriot missile. Therefore, in terms of production time and the cost of missiles, it is impossible to compete with drones. There simply will not be enough capacity,” Zelenskyy said.

Zelenskyy added that Ukraine has developed extensive air defense experience during the war with Russia, noting that the country now possesses most components of a comprehensive air defense system, except anti-ballistic capabilities.

He stated that the United States has strong anti-ballistic systems and suggested that combining Ukraine’s air defense experience with US capabilities could help create a more effective system capable of protecting countries facing large-scale aerial threats.

Zelenskyy also warned that drone technology is evolving rapidly and that their operational range could expand significantly in the future.

The Ukrainian leader proposed a partnership between the United States and Ukraine focused on exchanging technology, experience and security cooperation to counter emerging threats.

Read The Full Article Here Now

 

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

Continue Reading

Foreign News

Organisation of Petroleum Exporting Countries – OPEC+ raises oil quotas amid Middle East tension

Published

on

Key members of the Organisation of Petroleum Exporting Countries and their allies, jointly known as OPEC+, on Sunday announced a higher-than-expected increase in production quotas following United States and Israeli strikes on Iran, which triggered retaliation by Tehran across the Middle East.....TAP TO CONTINUE READING

The eight-member V8 (Voluntary Eight) group within the alliance, which includes major oil producers Saudi Arabia and Russia, as well as several Gulf states affected by Tehran’s missile strikes, said it had agreed to a “production adjustment” of 206,000 barrels per day.

“This adjustment will be implemented in April,” the group said in a statement, according to a report by AFP. Nigeria is also a strong member of OPEC.

The statement did not directly reference the outbreak of conflict involving Iran, instead citing “a steady global economic outlook and current healthy market fundamentals” as justification for the increase.

Before the weekend meeting, analysts had projected a more modest rise of 137,000 barrels per day. However, Jorge Leon, an analyst at Rystad Energy, cautioned that the agreed increase might not be sufficient to prevent the Iran conflict from triggering a spike in oil prices when trading resumes on Monday.

Leon pointed to the possibility of Iran targeting the Strait of Hormuz, a strategic waterway through which nearly a quarter of the world’s seaborne oil supply passes, in retaliation.

Iran’s Revolutionary Guards have reportedly contacted vessels to announce that the strait is closed. On Sunday, Iranian state television reported that an oil tanker in the strait was struck while allegedly attempting to “illegally” pass through and was sinking. Footage aired by the broadcaster showed a tanker ablaze at sea.

“If oil cannot move through Hormuz, an extra 206,000 barrels per day does very little to ease the market,” Leon said, adding that “logistics and transit risk matter more than production targets right now.”

He said the OPEC+ decision “is unlikely to calm markets.”

“Prices will respond to developments in the Gulf and the status of shipping flows, not to a relatively small increase in output,” he added.

Apart from Russia and Saudi Arabia, the V8 group within OPEC+ comprises Kuwait, Oman, Iraq, and the United Arab Emirates, all of which were targeted by Iranian attacks for a second consecutive day on Sunday. Algeria and Kazakhstan are also members of the group.

Read The Full Article Here Now

 

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

Continue Reading

Breaking News

BREAKING: Has Israel Prime Minister Benjamin Netanyahu Been Killed in Drone Airstrike? Fact Emerges

Published

on

On February 28, an X account named ReversingTrend posted: “Initial reports indicate that Prime Minister Benjamin Netanyahu was killed by an Iranian drone strike inside his residence in Tel Aviv.”....TAP TO CONTINUE READING

The post quickly gained traction, recording 954,000 views, 1,100 retweets, and 7,700 likes.

Factcheck Africa tool confirmed that the claim was false. Multiple reliable sources confirmed that Benjamin Netanyahu was alive and continued to serve as the Prime Minister of Israel.

See the X post

below:

Further checks by Legit Nigeria showed that his profile entry on Israel’s official website listed his birthdate and current position with no mention of his death. The International Criminal Court (ICC) page also confirmed his status, noting that an arrest warrant was issued against him on November 21, 2024. The existence of this warrant implied that he was alive and subject to ongoing legal proceedings.

The evidence showed that Benjamin Netanyahu had not been killed in a drone strike. He remained in office as Prime Minister of Israel, and no credible reports supported the claim of his death. The viral post was therefore misleading, spreading false information about a sitting world leader.
Verdict

: False – Benjamin Netanyahu was not killed in a drone strike. He was alive and serving as Prime Minister of Israel at the time of the claim.

Who is Benjamin Netanyahu?

According to Israel government, Benjamin Netanyahu was born in 1949 in Tel Aviv and grew up in Jerusalem. His high school years were spent in the United States, where his father, the historian Benzion Netanyahu, taught and conducted historical research. Returning to Israel in 1967, Mr. Netanyahu enlisted in the IDF and served as a soldier and officer in Sayeret Matkal, a special unit of the Israeli army. He took part in several operations, including the rescue of hostages in a hijacked Sabena airplane in 1972. In the same year, he was cited for outstanding operational command by General Mordechai Gur, Chief of Israel’s Northern Command. After his discharge from the IDF in 1972, Mr. Netanyahu served in the Yom Kippur War of 1973 and was promoted after the war to the rank of captain in the Reserves.

Netanyahu received a B.Sc. degree in Architecture and an M.Sc. in Business Management from MIT. He also studied political science at MIT and at Harvard University.
Business

Experience Between 1976 and 1982 Mr. Netanyahu worked in the private sector, first with the Boston Consulting Group, an international business consultancy, and then as Marketing Director of Rim Industries in Jerusalem, an industrialized furniture manufacturer.

According to IndiaTimes, Trump described Khamenei as “one of the most evil people in history” and said he was tracked using “highly sophisticated tracking systems.” He called the strike “the single greatest chance for the Iranian people to take back their country.”

Read The Full Article Here Now

 

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

Continue Reading

PURPOSE ONLINE ACADEMY

Trending

All Right Reserved | Copyright © 2026 3ppleloaded News | Powered by 3ppleloaded.ng |