Nigeria Appeals To USA To Repatriate More Stolen Wealth

Nigeria Appeals To USA To Repatriate More Stolen Wealth

In a move that has reignited the global conversation around illicit financial flows and the recovery of looted assets, the Nigerian government has issued an impassioned appeal to the United States, urging them to intensify efforts in repatriating stolen wealth stashed away by corrupt officials and their associates. This latest development underscores the persistent challenges that plague many developing nations grappling with the scourge of corruption and the consequent plundering of public resources.

The scale of the embezzlement that has plagued Nigeria

The scale of the embezzlement that has plagued Nigeria over the decades is staggering. Estimates from various international organizations and watchdog groups suggest that the country has lost hundreds of billions of dollars to corruption, with much of this ill-gotten wealth finding safe haven in foreign jurisdictions, including the United States. These staggering sums, which could have been invested in critical infrastructure, healthcare, education, and other vital sectors, have instead been siphoned off by a cabal of unscrupulous individuals, leaving the Nigerian populace to bear the brunt of crippling poverty and underdevelopment.

A Legacy of Corruption

Nigeria’s struggle with corruption is deeply entrenched, a remnant of a turbulent past marred by military dictatorships, misrule, and a culture of impunity that has persisted even in the country’s fledgling democratic era. From the notorious kleptocracy of General Sani Abacha, whose family is alleged to have embezzled billions during his reign in the 1990s, to more recent scandals involving high-ranking officials and businesspersons, the scourge of graft has cast a long shadow over the nation’s development aspirations.

The United States: A Crucial Partner in Asset Recovery

The Nigerian government’s appeal to the United States is not without precedent. Over the years, the U.S. has played a pivotal role in facilitating the repatriation of stolen assets to various nations, leveraging its robust legal framework and investigative capabilities. In the case of Nigeria, several high-profile cases have already resulted in the recovery of millions of dollars stashed away by corrupt officials and their associates.

One of the most notable examples is the ongoing effort to repatriate assets linked to former Nigerian dictator Sani Abacha and his associates. In 2014, the U.S. Department of Justice announced the repatriation of over $480 million in stolen assets to Nigeria, representing a significant victory in the fight against corruption. More recently, in 2020, the U.S. facilitated the return of an additional $311 million in assets linked to the Abacha regime, further underscoring the nation’s commitment to combating illicit financial flows.

Strengthening Cooperation and Legal Frameworks

Despite these successes, the Nigerian government’s latest appeal highlights the need for sustained and intensified efforts to recover stolen assets. The repatriation process is often beset by complex legal hurdles, jurisdictional challenges, and the sophisticated tactics employed by those seeking to conceal their ill-gotten gains.

To overcome these obstacles, experts and international organizations have called for enhanced cooperation between nations, streamlined legal frameworks, and the adoption of robust asset recovery mechanisms. The United Nations Convention against Corruption (UNCAC), ratified by both Nigeria and the United States, provides a comprehensive framework for international cooperation in asset recovery efforts, including provisions for mutual legal assistance and the establishment of dedicated asset recovery bodies.

Nigeria’s Appeal: A Clarion Call for Global Action

Beyond the immediate implications for Nigeria, the government’s appeal to the United States carries broader significance in the global fight against corruption and illicit financial flows. It serves as a stark reminder of the pervasive nature of these challenges and the urgent need for concerted international action.

Corruption is a transnational scourge that transcends borders, undermining economic development, eroding public trust, and exacerbating inequality. The recovery of stolen assets is not merely a matter of financial restitution but also a symbolic affirmation of the rule of law and a deterrent against future acts of graft.

By amplifying its call for the repatriation of stolen wealth, Nigeria has positioned itself at the forefront of this global movement, lending its voice to the growing chorus of nations demanding accountability and justice. The country’s appeal resonates with the collective aspirations of developing nations worldwide, many of which have been similarly afflicted by the scourge of corruption and the plundering of public resources.

As the world grapples with the multifaceted challenges of the 21st century, the recovery of stolen assets stands as a moral and economic imperative. It represents a crucial step towards restoring integrity, rebuilding trust in public institutions, and ultimately, creating an enabling environment for sustainable development.

Powerful Reminder that the fight against corruption

Nigeria’s appeal to the United States serves as a powerful reminder that the fight against corruption is a shared responsibility, requiring unwavering commitment and collaboration from all nations. By heeding this call and redoubling efforts to repatriate stolen wealth, the U.S. has an opportunity to reaffirm its leadership in the global fight against corruption and to set an example for other nations to follow.

Ultimately, the successful recovery of stolen assets is not merely a symbolic victory but a tangible step towards empowering nations to reclaim their rightful resources and invest in the betterment of their citizens. It is a testament to the enduring pursuit of justice, accountability, and the unwavering belief that no ill-gotten gain should be allowed to stand unchallenged.

As the world watches and waits, Nigeria’s appeal serves as a clarion call for global action, reminding us all that the path towards a more just and equitable world begins with the unwavering commitment to hold the corrupt accountable and to restore what has been unjustly taken.

 

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Court stops increment in prices of DSTV, GOTV subscription

Court stops increment in prices of DSTV, GOTV subscription

In a major win for television subscribers across the country, the Federal High Court in Abuja has issued an interim injunction halting the proposed increment in price of  DSTV , GOTV subscription packages by MultiChoice Nigeria Limited.

The ruling, handed down on Friday, April 26th, 2024, came as a relief to millions of Nigerians who had been bracing for a significant hike in their monthly subscription fees. The court order effectively maintains the status quo, preventing MultiChoice from implementing the controversial price adjustment until the substantive suit is determined.

Legal Battle

The case was brought before the Federal High Court by a coalition of consumer rights groups and concerned individuals, who argued that the proposed price increase was not only exorbitant but also unlawful and anti-competitive.

Lead counsel for the plaintiffs, Barrister Adekunle Oyesanya, contended that MultiChoice’s monopolistic control over the pay-TV market in Nigeria had allowed the company to impose arbitrary price increments without regard for the economic realities faced by the average Nigerian consumer.

“MultiChoice has exploited its dominant position in the market to the detriment of millions of Nigerian households,” Oyesanya stated during the court proceedings. This proposed price hike is a slap in the face of hardworking Nigerians who are already grappling with the harsh economic conditions in the country.

MultiChoice’s Justification

In defense of the planned price adjustment, MultiChoice Nigeria cited rising operational costs, including the need to maintain and upgrade its infrastructure, acquire premium content, and comply with regulatory requirements.

The company’s legal team argued that the price increase was necessary to sustain its business operations and continue providing quality services to its subscribers.

“We understand the concerns raised by our esteemed subscribers, said MultiChoice’s lead counsel, Barrister Folarin Williams. “However, it is important to note that our pricing strategy is driven by the need to remain competitive, invest in cutting-edge technology, and deliver the best possible entertainment experience to our valued customers.

Interim Injunction

After careful consideration of the arguments presented by both parties, Justice Ijeoma Ojukwu of the Federal High Court in Abuja granted an interim injunction restraining MultiChoice from implementing the proposed price increment pending the determination of the substantive suit.

In her ruling, Justice Ojukwu acknowledged the potential hardship that the price hike could impose on Nigerian households, particularly in the current economic climate.

“The court recognizes the importance of protecting the rights and interests of consumers,” Justice Ojukwu stated. “It is imperative that we maintain a delicate balance between the commercial interests of service providers and the economic well-being of the general public.

Reactions and Implications

The court’s decision has been met with widespread applause from consumer rights advocates, who have long decried the perceived lack of competition and regulatory oversight in the pay-TV market.

“This ruling is a victory for the Nigerian consumer,” said Adeola Ogunbanjo, President of the Consumer Protection Council of Nigeria. “It sends a clear message that the rights and interests of consumers must be safeguarded, and that no company, no matter how powerful, is above the law.”

However, MultiChoice has expressed disappointment with the court’s decision, arguing that the price adjustment was necessary to maintain the quality of its services and sustain its operations in Nigeria.

“While we respect the court’s ruling, we remain committed to our mission of providing exceptional entertainment experiences to our subscribers,” said John Ugbe, CEO of MultiChoice Nigeria. “We will continue to explore legal avenues to ensure the long-term sustainability of our business.”

The interim injunction has also raised questions about the broader implications for the pay-TV industry in Nigeria. Some industry analysts suggest that the court’s decision could prompt other service providers to reevaluate their pricing strategies, potentially leading to more competitive offerings for consumers.

Consumer Advocacy and Market Dynamics

The legal battle between MultiChoice and consumer rights groups has brought to the fore the ongoing debate surrounding consumer protection, market competition, and regulatory oversight in Nigeria’s payTV industry.

For years, consumer advocates have decried the alleged lack of competition in the market, which they claim has allowed MultiChoice to maintain a virtual monopoly and dictate prices without meaningful opposition.

“The PayTV market in Nigeria has been dominated by a single player for far too long,” said Kemi Adeosun, a consumer rights activist and one of the plaintiffs in the case against Multi Choice. “This situation has created an imbalance of power, with consumers bearing the brunt of arbitrary price increments and subpar service delivery.”

Adeosun and other advocates have called for increased regulatory intervention and the creation of a more level playing field that would foster genuine competition and consumer choice.

“It is time for the government to step in and create an enabling environment for new players to enter the market,” Adeosun added. “Only then can we truly achieve fair pricing, improved service quality, and a better deal for Nigerian consumers.”

The Nigerian Broadcasting Commission (NBC), the regulatory body overseeing the pay-TV industry, has acknowledged the concerns raised by consumer groups and has pledged to review its policies and regulations to address the perceived monopolistic tendencies in the market.

“We are committed to creating a conducive environment for fair competition and consumer protection in the payTV sector,” said Ilelah Armstrong, Director-General of the NBC. “We will work closely with stakeholders to ensure that the interests of consumers are safeguarded while also promoting sustainable business practices for service providers.

The Way Forward

As the substantive suit against MultiChoice’s proposed price increment continues to wind its way through the legal system, all eyes will remain on the Federal High Court in Abuja.

The outcome of this case could have far-reaching implications not only for the pay-TV industry but also for consumer rights and market dynamics in Nigeria as a whole.

Consumer rights advocates and industry experts alike agree that the pay-TV market in Nigeria is in dire need of reform, with calls for increased competition, transparent pricing, and robust regulatory oversight becoming more insistent.

“This case is about more than just subscription fees,” said Adekunle Oyesanya, the lead counsel for the plaintiffs. “It is a battle for the rights of consumers to access affordable and high-quality services in a fair and competitive market.”

As the legal proceedings continue, Nigerian households can take solace in the knowledge that the court has, for now, protected their interests and maintained the status quo on subscription prices.

However, the long-term resolution of this issue will require a concerted effort from all stakeholders – consumers, service providers, and regulatory authorities – to strike a delicate balance between commercial interests and consumer protection, ensuring that the Pay-TV industry in Nigeria remains sustainable, competitive, and consumer-friendly.

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The Most Popular Social Media Platforms Worldwide in 2024

The Most Popular Social Media Platforms Worldwide in 2022-Though 2022 just got started but there has been debate among friends, colleagues and families which i got to know and i decided I’m going to go on a research and find out the best social media platform of 2022.

So if you have found yourself in the middle of this kind of argument before now, this article is definitely for you, continue to read below as i give you the stats and the popularity of some social media platforms and why there are the most popular.

The list was not categorize by anyone, it was out of curiosity and research that i came up with this articles, However, There are so many social media platforms in the world, but some are not popular just like others and that does not mean there are not useful but it has not gained that worldwide popularity.

The Most Popular Social Media Platforms Worldwide in 2024

  • Facebook
  • YouTube
  • WhatsApp
  • Instagram
  • Facebook Messenger
  • TikTok
  • Twitter

1. Facebook

Facebook now trading as Meta is an American multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Founded in 2004, 18years ago by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes.

Facebook Headquarters is located in Menlo Park, California, U.S with over 64, 177 number of employees as of September 30, 2021. As of 2020 it generated equity Increase of Total US$128.29 billion with over 2 billion active Facebook users. With all these i regard Facebook as one of the most popular social media platform in the world.

2. YouTube

YouTube came second here for a reason. The online video platform has over 2 billion users as of October 2020. YouTube is an American online video sharing and social media platform owned by Google. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It headquarters is located 901 Cherry Avenue San Bruno, California, United States. YouTube has a revenue of US$19.8 billion as of 2020 and over 1 billion active users. With all these i regard YouTube as second of the most popular social media platform in the world.

3. WhatsApp

WhatsApp Messenger, or simply call it WhatsApp, is an internationally available American freeware, cross-platform centralized instant messaging (IM) and voice-over-IP (VoIP) service owned by Meta Platforms. It allows users to send text messages and voice messages, Make voice and video calls, and share images, documents, user locations, and other content. WhatsApp requires a cellular mobile telephone number to sign up. Almost everyone you know should be using WhatsApp, The reason is not far fetched, has has made it easy to send, receive messages, videos and documents so therefore comes second on this list.

4. Instagram

Instagram is the fourth on my list here. Is an American photo and video sharing social networking service founded by Kevin Systrom and Mike Krieger. In April 2012, is a subsidiary under Facebook Inc. The app allows users to upload media that can be edited with filters and organized by hashtags and geographical tagging. One unique thing about Instagram is that is available in 32 languages. Instagram has over 200 million active users. With Phone number or email, you can sign up account on Instagram.

5. Facebook Messenger

Messenger is an instant messaging app and platform developed by Meta Platforms. Originally developed as Facebook Chat in 2008, the company revamped its messaging service in 2010, released standalone iOS and Android apps in 2011. Facebook messenger has over two billion download and over one billion active users. That is massive.

Most Facebook users use Facebook messenger because it makes chatting and sharing of other information to another Facebook account user very easy. The App is now available in iOS and Android for free.

6. TikTok

TikTok, known in China as Douyin (Chinese: pinyin: Dǒuyīn), is a video-focused social networking service owned by Chinese company ByteDance Ltd. It hosts a variety of short-form user videos, from genres like pranks, stunts, tricks, jokes, dance, and entertainment with duration from 15 seconds to three minutes. The social media App was released in September 2016. Currently, available in 40 languages and has over 400 million active users.

7. Twitter

Twitter is an American micro blogging and social networking service on which users post and interact with messages known as “tweets”. Registered users can post, like, and retweet tweets, but unregistered users can only read those that are publicly available. It has over 330 million monthly active users with a total equity of US$ 7.97 billion as of 2020.

Conclusion

The above listed social media platforms for me is currently the most popular, like i said earlier i came up with it after my research. However, there are so many other social media platform that are popular but not to be compared like the ones i listed above such as Snapchat, Wechat, Hangouts etc.

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NDDC POST GRADUATE SCHOLARSHIPS 2024/2025 APPLY NOW

The Niger Delta Development Commission (NDDC) is now offering scholarships for postgraduate studies to qualified candidates from the Niger Delta region of Nigeria. This initiative aims to foster human capital development in the region by supporting deserving individuals in pursuing advanced education.

The scholarships is for suitably qualified applicants with relevant Bachelors’ Degrees from recognized universities in the following disciplines:

  • Agricultural science
  • Engineering
  • Environmental science
  • Geoservices
  • Information Technology
  • Medical sciences
  • Law

 

Eligibility For NDDC Post Graduate Scholarships

  • Niger Delta Origin: Applicants must be from one of the Niger Delta states, which include Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Rivers.

 

  • Academic Excellence: Candidates are usually required to have obtained a first-class or second-class upper division in their undergraduate degree from a recognized institution.

 

  • Admission to a Postgraduate Program: Applicants should have secured admission into a postgraduate program (Master’s.) in a reputable university, either in Nigeria or abroad, in fields relevant to the NDDC’s objectives, such as engineering, environmental sciences, agriculture, and other related disciplines.

 

  • NYSC Discharge Certificate: For Nigerian graduates, possession of the National Youth Service Corps (NYSC) discharge certificate or an exemption letter is often mandatory.

 

  • Good Moral Character: Applicants are expected to possess good moral character and must not have any criminal record.

 

  • Not more than 40 years old

 

How the Applicant is selected:

  • Interested candidates must submit an online application through the NDDC website
  • Candidates will be shortlisted based on Wassce/Neco result
  • Local government identification
  • Computer based test candidate must undergo Computer based test
  • Candidates must achieve a minimum score of 70%

 

Methods of Application

  • Applicants are required to submit their application online through the commission website nddc.gov.ng
  • Recent passport photograph
  • Local government identification letter
  • Post graduate admission letter from a recognized overseas university
  • Relevant degree from recognized universities
  • Nysc discharge /exemption certificate

Upon completion of the application form, a registration number will automatically be assigned.

Applicants are advised to print hard copy of the online generated acknowledgement for future reference.

Benefits of the Scholarship

The scholarship covers tuition fees, accommodation, and a stipend for books and living expenses. However, specific details regarding the coverage and duration of the scholarship may vary from year to year and should be verified through the official NDDC.

To apply for the NDDC postgraduate scholarship, candidates typically need to visit the NDDC website or follow announcements through reputable media channels for information on application procedures, deadlines, and required documentation.

For more Scholarship visit here

It’s crucial for prospective applicants to thoroughly review the eligibility criteria and application requirements before applying to ensure they meet all the necessary qualifications. Additionally, seeking guidance from academic advisors or mentors can be beneficial during the application process.

Application Deadline:

The deadline for submission of applications is May 13 ,2024

NB: NDDC will not enter into any communication with candidates that are not shortlisted for the computer based test.

Conclusion

We are not the consultants or NDDC with the scholarships but sharing the information for you or loved ones to Apply for if qualified.

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Azealia Banks slams Donald Trump Again

Azealia Banks slams Donald Trump Again

Azealia Banks, the outspoken rapper and social media personality, has never been one to shy away from controversy. With a reputation for speaking her mind, Banks recently took to her social media platforms to unleash a scathing critique of former President Donald Trump. In a series of fiery tweets, Banks minced no words as she lambasted Trump for his actions during his time in office. Pulling no punches, she criticized his policies, his rhetoric, and his overall demeanor, labeling him as unfit for the presidency and condemning his divisive approach to governance.

Banks’ tirade against Trump was fueled by a deep sense of frustration and disillusionment with his leadership. She denounced his handling of various issues, including race relations, immigration, and healthcare, accusing him of exacerbating societal divisions and neglecting the needs of marginalized communities.

Banks’ criticism was her belief that Trump’s presidency had perpetuated injustice and inequality

At the heart of Banks’ criticism was her belief that Trump’s presidency had perpetuated injustice and inequality, further widening the gap between the haves and the have-nots. She argued that his administration had emboldened bigotry and intolerance, posing a threat to the very fabric of democracy. But Banks didn’t stop at mere criticism; she also called for accountability, urging people to hold Trump accountable for his actions and to actively resist his influence. Her impassioned plea resonated with many of her followers, who echoed her sentiments and expressed solidarity in the fight against what they perceived as Trump’s harmful agenda.

Banks’ comments sparked a flurry of reactions across social media

As expected, Banks’ comments sparked a flurry of reactions across social media, with some applauding her boldness and others condemning her for her outspokenness. Yet, amidst the controversy, one thing remained clear: Azealia Banks was unapologetically speaking her truth, using her platform to shine a light on issues that mattered deeply to her. In the end, whether you agreed with her or not, Banks’ critique of Donald Trump served as a reminder of the power of celebrity voices in shaping public discourse and holding those in positions of power accountable for their actions. And as the political landscape continued to evolve, one thing was certain: Azealia Banks would never shy away from speaking truth to power. For More News

Who is Azealia Amanda Banks

Azealia Amanda Banks is an American rapper, singer and songwriter. Raised in the Harlem neighborhood of New York City, she began releasing music through Myspace in 2008 before being signed to XL Recordings at age 18. She subsequently signed with Interscope and Polydor Records before separating in 2013 according to wikipedia

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The Unforgettable Tarzan Yell That Even Carol Burnett Couldn't Recall

The Unforgettable Tarzan Yell That Even Carol Burnett Couldn’t Recall

Carol Creighton Burnett is an American comedian, actress, and singer. Her comedy-variety show The Carol Burnett Show, which originally aired on CBS, was one of the first to be hosted by a woman. She has performed on Broadway, on television, and in film of varying genres, including dramatic and comedic roles according to wikipedia where more of her can be know and see by all.

Carol Burnett, the comedic icon whose talents have graced television screens for decades, often found herself at the center of uproarious moments. Among her many unforgettable contributions to comedy, perhaps none is as legendary as her inadvertent creation of the Tarzan yell.

In one particularly memorable sketch on “The Carol Burnett Show,” which aired from 1967 to 1978, Burnett donned a makeshift Tarzan costume and swung across the stage with all the bravado of the jungle hero. Little did she know that her spontaneous, guttural yell would become etched in the annals of television history.

Years later, when asked about the origin of the Tarzan yell, Burnett revealed that she had no recollection of performing it during the sketch. It was a moment of pure improvisation, fueled by the uninhibited energy that was characteristic of her comedy.

Yet, despite her apparent amnesia regarding the yell’s genesis, Burnett’s Tarzan yell became an enduring part of her comedic legacy. It resonated with audiences, not only for its hilarity but also for its spontaneity and authenticity.

The Tarzan yell served as a testament to Burnett’s comedic genius, showcasing her ability to turn even the simplest moments into comedic gold. And while she may not have realized the impact of her impromptu performance at the time, its lasting impression is a testament to Burnett’s timeless talent and the magic of live television. Read more News

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