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DSS Clears Saraki, Others over Alleged N310m Theft

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  • DSS Clears Saraki, Others over Alleged N310m Theft

The Department of State Services (DSS) has cleared Senate President Bukola Saraki and members of the National Assembly over what it described as “malicious falsehood’’ being spread around by one of its dismissed officers, Abdulrasheed Maigari, who recently claimed that he and other security personnel, including an army captain stole N310 million from the Senate President while guarding his house in Maitama, Abuja.

“The story making the rounds that the sum of N310 million belonging to the Senate President was stolen in 2015 is a malicious falsehood,’’ a senior officer of DSS stated last night in Abuja.

“From our investigation, the money in question did not belong to the Senate President or any member of the National Assembly for that matter. The investigation conducted by the DSS and the confessional statement made by Abdulrasheed Maigari, a suspect in the case, did not support this claim at all,” he said, adding: “Maigari’s recent claim in the media is nothing but a made up story to achieve a hidden motive.”

He said the fact that Maigari, who is currently standing trial for an armed robbery case, could make up such a false claim was a further indication of how criminally minded he was.

Incidentally, the Chief Press Secretary to the Senate President, Mr. Sanni Ologun, had on Sunday refuted reports linking his principal, Saraki, with the N310 million said to have been stolen from a Bureau de Change (BDC) operator, by suspected operatives of the DSS and some army personnel in November 2015.

Ologun, had in a statement, said the reports were being rehashed by some online media to tarnish the image of Saraki.

Corroborating Saraki’s aide on Sunday, the senior officer of the secret security agency said it was because of the criminal behaviour of Maigari that the DSS dismissed him from the service in 2015 and subsequently charged him to court.

“Any attempt to link the Senate President or any member of the National Assembly with the stolen N310 million will be sheer blackmail and an outright mischief,” the senior DSS official who did not want his name mentioned insisted.

Maigari was recently arrested by combined operatives of the Inspector-General of Police Special Intelligence Response Team IRT and the Anti-Kidnapping Unit from the Abuja Police Command deployed to rescue the Chairman of Gateway Insurance, Alhaji Isa Ozi Salami.

The former DSS operative was arrested alongside the suspected gang leaders, Emeka Kelvin and Ndubuisi Prince Uzor, among others on the March 26, 2017 in Suleja, an outskirt of the Federal Capital Territory.

During their parade before newsmen by the Force Public Relations Officer (FPRO), Jimoh Moshood, at the Force Headquarters, Maigari revealed how he became a kidnapper and also told reporters how he stole N310 million from Saraki’s home in Abuja.

According to the ex-DSS personnel, “I was enlisted into the DSS in 2011 with the rank of a Senior Intelligence Officer 1.

“I served in operations department at Gombe and Osun Commands of the DSS before my dismissal in 2015.

“Before I was dismissed, I was posted to the home of the Senate President, Bukola Saraki, in Maitama and in November 2015, I can’t recall the exact date, three vehicles brought in the N310 million into the compound and the Army Captain who was on ground that day ordered that we should take the money away because he suspected the money was government money which could have been wrongly appropriated and could, therefore, be taken.

“We were four DSS operatives and four army officers involved and we drove the three cars to a house in Suleja where the money was shared. I got N30 million and I bought a car and took it to Kaduna State where I hid the rest of my share.’’

Maigari had said that he came back to Abuja, “but on November 28, 2015, I was asked to report at DSS headquarters and when I got there, I was interrogated over the theft and detained for five months, dismissed and charged to court”.

The suspect added that he was remanded in Kuje Prison, where he eventually fell ill after seven months and was later granted bail by the court on health grounds.

The Senate President’s Chief Press Secretary, Ologun, however, in a statement on Sunday, denied Maigari’s claims, recalling that the Senate President’s media office had refuted the report when it first broke that the Senate President had nothing to do with the money, nor did he have army personnel among his security detail.

He said: “We still insist that he has nothing to do with the money and we challenge those still rehashing the stale and fake news to avail themselves of the reports of the police and the DSS on the matter to avoid misleading members of the public unnecessarily.”

He said it was absurd for one of the suspects in a robbery to claim that the money he was found with was brought to the Senate President’s house from where they connived to steal it.

“The report remains a lie which must be disregarded by the public, and should it be recirculated tomorrow, it will still remain a lie. At best we count this unwarranted fake report as part of the April fool ritual. But the public deserves a better deal from its sponsors and purveyors,” he said.

According to Ologun, “The content and intention of the fake report is nothing but baseless allegations emanating from the infantile minds of unreasonable interlopers, hell bent on rubbing mud on the reputation of a distinguished Nigerian, who is today in his capacity as the Senate President, working assiduously with critical stakeholders to stabilise and grow our economy. Enough is enough.”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Lagos Eyes Investment Surge as Sanwo-Olu Unveils Growth Strategy

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Governor Babajide Sanwo-Olu of Lagos State is spearheading a bold push to attract significant investment inflow to boost the state’s economic growth.

During a Pre-Summit Investor Roundtable at the Africa Social Impact Summit (ASIS 3.0), held at Eko Hotels and Suites, the governor outlined strategic opportunities for investors.

With the theme “Invest Lagos – Investment Opportunities,” the summit was organized by the Sterling One Foundation in collaboration with the Ministry of Commerce, Cooperatives, Trade, and Investment.

Attended by business leaders, chambers of commerce, and industry captains, the event underscored Lagos’ potential as a hub for economic activity.

Sanwo-Olu highlighted Lagos’ positive economic outlook, citing an expanding population and sustainable infrastructure as key growth drivers.

Despite challenging business environments, the state’s economy has shown resilience, welcoming new investments while sustaining existing ones.

The governor emphasized reforms aimed at improving the ease of doing business. He mentioned that digitizing services had reduced bureaucratic hurdles, fostering a stable business climate.

Sanwo-Olu assured potential investors of the state’s commitment to creating a supportive environment that ensures returns and security for investments.

“In the last five years, Lagos’ GDP has grown by 50 percent,” Sanwo-Olu stated. “We aim to sustain this growth and ensure the gains of the past years are not reversed.”

Sanwo-Olu identified sectors ripe for investment, including transportation, tourism, health insurance, and waterways. He expressed the government’s dedication to advancing development plans in these areas.

Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose-Medebem, highlighted Lagos’ economic strides, noting that the state’s GDP had increased from N27 trillion to N41 trillion in five years.

She detailed strategic investments, particularly the allocation of N550.7 billion for infrastructure in 2024, and the commitment of N44.33 billion to food security initiatives.

Sterling Bank’s Managing Director, Mr. Abubakar Suleiman, pointed out that economic growth in Africa is often hindered by an unstable investment climate.

The summit aimed to build investor confidence by fostering trust and transparency in business environments.

“Lagos remains a leading destination for investors,” Suleiman noted. “The state provides clarity and access to markets, maintaining consistency in its investment strategies.”

Sanwo-Olu’s administration continues to focus on diversifying Lagos’ economy through strategic investments in various sectors.

The state’s proactive approach has positioned it as a global city and an emerging African financial center.

The governor’s initiative is expected to further solidify Lagos’ reputation as a prime investment destination, paving the way for sustained economic growth and development.

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Vice-President Harris Gathers Momentum as Democratic Nominee

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Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president.

This was after President Joe Biden announced he would not seek re-election, endorsing Harris as his successor.

According to CBS News, Harris has received endorsements from over 1,976 delegates, surpassing the threshold needed to clinch the nomination in the first round of voting at the Democratic National Convention (DNC) scheduled for August.

Delegations from at least 27 states have expressed full support, showcasing a strong backing across the nation.

In her address to campaign staff in Wilmington, Delaware, Harris expressed gratitude for the widespread support, adding that she committed to uniting the party and the country.

“We have 106 days until Election Day, and in that time, we have some hard work to do,” she stated.

Harris laid out her vision for America, contrasting it with that of her likely opponent, Donald Trump.

Speaking on the direction of the campaign thus far, she said “Our campaign has always been about two different versions of what we see as the future of our country. One focuses on the future, the other focuses on the past.”

She acknowledged the accomplishments of the Biden administration, highlighting her pride in serving as vice-president.

“My time serving as vice-president was one of the greatest honors of my life,” Harris said, underscoring her dedication to continuing the work they started.

In a phone call to his campaign team, Biden praised Harris, urging his supporters to rally behind her. “I’m hoping you’ll give every bit of your heart and soul that you gave to me to Kamala,” he said.

Despite stepping back from the race, Biden vowed to remain actively involved in supporting Harris and emphasized the importance of defeating Trump, calling him “a danger to this nation.”

Harris’s nomination marks a significant milestone, but challenges remain. The campaign will focus on addressing key issues such as healthcare, climate change, and economic inequality.

With millions of dollars pouring into her campaign since Biden’s announcement, Harris aims to capitalize on the momentum and build a coalition that appeals to a broad spectrum of voters.

As the DNC approaches, Harris is expected to formally accept the nomination, solidifying her position as the Democratic leader.

The coming months will be crucial as she works to unite the party and reach out to undecided voters. With her historic nomination, Harris stands poised to make a lasting impact on the future of American politics.

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President Declines Nomination, Endorses Harris for 2024

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In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his full support behind Vice President Kamala Harris.

The surprise move, shared with the public this morning, represents a pivotal moment in the Democratic Party’s journey toward the upcoming presidential election.

In his statement, Biden said that his choice to step aside is driven by a desire to concentrate on his remaining duties as President.

He expressed gratitude for the opportunity to serve alongside Harris, calling her selection as his Vice President in 2020 “the best decision” he has made. “My fellow Democrats,” Biden began, “I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.”

The President’s announcement signifies a strategic shift in the 2024 election landscape. By endorsing Kamala Harris, Biden not only aims to consolidate support within the party but also to set the stage for a unified front against former President Donald Trump.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,” Biden declared. “Democrats — it’s time to come together and beat Trump. Let’s do this.”

This endorsement comes as a surprise to many, given Biden’s earlier commitment to seeking re-election.

However, it reflects a broader strategic maneuver to ensure party unity and strengthen the Democratic position in the face of a formidable opponent. By focusing on Harris, Biden aims to leverage her growing popularity and political acumen to fortify the party’s chances in the upcoming election.

Kamala Harris, who has served as Vice President since January 2021, will now be thrust into the spotlight as the presumptive Democratic nominee.

Her campaign is expected to build on the legacy of the current administration while addressing key issues facing the nation.

The move also raises the stakes for the Republicans, who will need to prepare for a robust campaign from a seasoned political leader in Harris.

As the 2024 election cycle ramps up, Biden’s endorsement is likely to reshape the dynamics of the race, influencing both Democratic strategies and Republican responses.

The coming months will be critical as Harris and her team work to solidify their platform and rally support from voters across the nation.

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