information1:
In another dramatic raid, the Nigeria Customs Service (NCS), Oyo/Osun Command, has seized 9,000 bags of imported rice in a warehouse in a market in Ibadan, the Oyo State capital.

The Controller, Temitope Ogunkua, who promised to stop illegal importation of goods, said during the night raid of the warehouse in an undisclosed Ibadan market, one suspect was arrested.

The seizure of the 9,000 (50kg) bags of smuggled imported rice had a duty paid value of N88,776,000.00,The Nation reports.
He said the seizure of the rice and any other products proved to be smuggled into the country illegally was in line with Section 147 of Customs and Excise Management Act, 1990 as amended.

“A total of 9000 (50kg) bags of smuggled imported rice with a duty paid value of N88,776,000.00 was seized and evacuated from a warehouse by the Command’s anti-smuggling team in conjunction with the Federal Operations Unit (FOU), Zone A few weeks ago”.

Ogunkua said the command would not rest on its oars in playing strategic roles of revenue collection, trade facilitation and border security.

https://informationengine./2017/02/28/photo-customs-seizes-9000-bags-of-imported-rice-in-ibadan/

muykem:
Assuming this happened in the north. What will be reaction of majority of people here?

HungerBAD:
By Tiisetso Motsoeneng and Camillus Eboh

JOHANNESBURG/ABUJA (Reuters) - The amount of money which South Africa's MTN Group <MTNJ.J> is alleged to have illegally moved out of Nigeria is "mind boggling", a Nigerian lawmaker said on Thursday at the start of a parliamentary investigation into the telecoms company.

He did not specify what the alleged amount might be.

Nigeria's upper house of parliament agreed last month to investigate whether the company unlawfully repatriated $13.92 billion between 2006 and 2016.

MTN shares fell 3.2 percent to more than six-year lows after Bloomberg quoted a senator as saying the amount could be "outrageously higher". The shares later pared some losses.

The accusations of illegal money transfers were denied by MTN Nigeria Chief Executive Ferdi Moolman, who appeared at the hearing.

"MTN categorically denies all suggestions that its bankers in strict violation of the FEMM Act (Foreign Exchange (Monitoring and Miscellaneous Act) and Foreign Exchange Manual, repatriated $13.92 billion illegally out of Nigeria," said Moolman.

The allegation is the latest setback for Africa's biggest telecoms firm in its most lucrative but increasingly most problematic market, coming months after it agreed to pay a greatly reduced fine of 330 billion naira ($1.08 billion) to end a long running dispute over unregistered SIM cards.

MTN officials, Nigeria's trade minister and four lenders were due to appear at the parliamentary hearing, which started on Thursday.

"It is not what we can sweep under the carpet. We intend to get to the bottom of the fact, all of the fact, nothing but the fact," said Olusola Adeyeye, a senator, reading out a statement from Senate leader Bukola Saraki, said at the start of hearing.

Dino Melaye, the senator who first made the allegations in a motion passed by lawmakers last month, said he raised the issue "as a patriotic Nigerian, a whistleblower and an anti-corruption crusader", adding that he stood by the allegations.

MTN is the largest mobile network operator in Nigeria, Africa's most populous nation and has the continent's biggest economy. The country accounts for a third of MTN's revenue.

It follows a row between South African hotel and gaming group Sun International <SUIJ.J> and Nigeria's Economic and Financial Crimes Commission over its investment in a hotel operator in Lagos. The disagreement caused Sun International to pull out of Nigeria in August.

Rafiu Ibrahim, chairman of Nigeria's senate investigative panel on alleged illegal repatriation of funds, said on Wednesday that a team of international and local accountancy experts and lawyers had been assembled to look into the matter.

"Investors are nervous with what's happening with Nigeria purely because the past history has shown us that typically the government tends to move the goal posts," Independent Securities trader Ryan Woods said.

($1 = 304.5000 naira)


(Additional reporting by Ulf Laessing in Lagos; editing by Jason Neely and David Evans)

http://finance.yahoo.com/news/mtn-might-illegally-transferred-over-14-billion-nigeria-092407826--finance.html

NaijaMutant:
Ok

babanett:



http://dailypost.ng/2016/10/18/saraki-proposes-8-point-plan-anti-graft-war/

ijustdey:




Nigerian season film,with a good start and after a shirt while everything disapers!!!!!!!!!!!!




https://www.thecable.ng/arrested-judge-tells-dss-made-money-rice-business

tinsel:
Looking at the faces of these girls and what they have been through, i feel very very sad.

Clerverly:
Ok

Wizzyblack3:
Sometimes, it's good to fear those ppl pass thief.

KingsCity:
Well deserved

abdulrazak07:

Thought he was a man of honor

Stkingsley:
Sometime in July, all the CCRs were given a letter terminating their contract by the then managers CNSSL. The termination was to take effect on 30th September. While the new managers ISON also served us letters asking for indication of interest to continue working with MTN but at a reduced salary of N48k and at either Ibadan, Ilorin and Abeokuta. That was what happened.