HomeNEWSWatch SignatureTV News Update: Nnamdi Kanu: IPOB gives conditions to dialogue with Buhari govt

Watch SignatureTV News Update: Nnamdi Kanu: IPOB gives conditions to dialogue with Buhari govt

This is the Signature TV News Update

Nnamdi Kanu: IPOB gives conditions to dialogue with Buhari govt

Mazi Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has pleaded not guilty to the seven count charge slammed on him by the Federal Government.

He made the plea as his trial for treasonable felony began at the Federal High Court  on Thursday in Abuja.

Reports  from the courtroom said the case has been adjourned till 10 November.

When the seven count charge was read to him, the IPOB leader pleaded not guilty.

Count one of the charge reads that Kanu “being the leader of the Indigenous People of Biafra (IPOB), on diverse dates in 2014 and 2015 in London, United Kingdom, did broadcast on Radio Biafra monitored in Enugu and other areas within the jurisdiction of this honourable court, preparations made by you and others now at large, for states in the South-East and South-South zones and other communities in Kogi and Benue states to secede from the federal republic of Nigeria with a view to constituting same into the Republic of Biafra and you thereby committed an offence punishable under Section 41(c) of the Criminal Code Act, CAP. C77, Laws of the Federation of Nigeria, 2004”.

The Nigerian government says he jumped bail in 2017 and fled to the UK.

Kanu however claimed he left Nigeria because his life was in danger.

 

Court remands former NSITF Chairman, Ngozi Olejeme in EFCC custody

An FCT High Court sitting in Jabi on Thursday ordered that the former board chairman of Nigeria Social Insurance Trust Fund, NSITF, Ngozi Olejeme, be remanded in the Economic and Financial Crimes Commission’s, EFCC, custody, until Friday.

The judge, Justice Maryam Hassan gave the order after listening to both counsel on the defendant’s bail application.

She directed that the defendant should be in the EFCC’s custody pending the ruling on the application for bail on Friday.

Mrs Olejeme who was the board chairman of the NSITF from 2012 to 2015 is standing trial over alleged criminal conspiracy, abuse of office, diversion of public funds and money laundering.

The none-count charge bordering on mismanagement, giving false statement, taking kickback from contracts and diversion of NSITF funds into personal accounts and companies she had interest in, formed the basis for the defendant’s arraignment.

One of the charge alleged that the funds were diverted through the award of suspicious contracts to proxy companies.

The defendant, however pleaded not guilty to the charge preferred against her.

 

ON THE FOREIGN SCENE

Covid Pandemic Will Drag on Deep into 2022 Because Poorer Nations Not Getting Vaccines: WHO

The World Health Organization (WHO) says the Covid Pandemic will drag on deep into 2022 because poorer Nations are not  getting vacines

According to Dr Bruce Aylward, senior leader at the WHO the Covid pandemic will “go on for a year longer than it needs to” because poorer countries are not getting the vaccines they need

Less than 5% of Africa’s population have been vaccinated, compared to 40% on most other continents.

The UK has delivered more than 10 million vaccines to countries in need out of the 100 million it had pledged.

The original idea behind Covax was that all countries would be able to acquire vaccines from its pool, including wealthy ones. But most G7 countries decided to hold back once they started making their own one-to-one deals with pharmaceutical companies.

 

IN BUSINESS

Nigerians Spent N54trn on Household Consumption In Six Months, NBS Says

Spending by Nigerian residents rose to N54.84 trillion in nominal terms in the first half of 2021, higher than N48.22 trillion recorded in the first half of 2020.

The report which is according to the National Bureau of Statistics (NBS) in its recent Expenditure and Income Gross Domestic Product (GDP) noted that the expenses incurred by Nigerian households increased by 13.7 percent in the last six months of 2021 (H1) when compared with the corresponding period of 2020.

However, according to the bureau, it was 7.45 percent lower than the N59.25 trillion spent by Nigerian households in the second half of last year.

Household final expenditure is the amount of final consumption expenditure made by resident households to meet their everyday needs, such as food, clothing, housing (rent), energy, transport, durable goods (notably cars), health costs, leisure, and miscellaneous services.

 

IN SPORTS

Super Eagles drop in latest FIFA rankings

Nigeria’s men’s national football team “Super Eagles” have lost their position in the FIFA men’s rankings for October from 34th to 36th globally.

However, Nigeria remains the fifth-ranked nation in Africa.

This followed their shock 1-0 defeat to the Central African Republic in the 2022 World Cup qualifier earlier in the month.

Gernot Rohr’s men would go on to beat CAR 2-0 in the reverse fixture of their doubleheader, but it was not enough to prevent them from dropping in the rankings.

Meanwhile, Belgium remains the number one ranked nation despite losing their two matches in the UEFA Nations League

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