Business
Introduction of E-Naira will stimulate the economy, CSOs Applaud FG, CBN
… Demand arrest of BDC Operators
Tolu Akinsiku
Members of All Civil Society Groups led by Coalition of Civil Society Groups, on Monday, revealed that introduction of E-Naira will no doubt be a boost to the stimulation of economic activities in the country.
To this end, the group thumbed President Muhammadu Buhari and CBN Governor, Mr Godwin Emefiele, towards ensuring that Nigeria’s economy continue to survive despite the unstable low price of crude oil in the international market, Covid-19 pandemic and the multifaceted insecurity challenges facing the country.
Coalition of CSOs stated this on Wednesday, in Abuja, in a mega solidarity rally held at the popular Unity fountain in support of President Buhari and CBN Governor Emefiele in their effort to stabilize Nigeria’s economy.
While addressing the Journalists at the rally, the President of CSO, Etuk Bassey Williams, called for more support to the leadership of the country and the leadership of the CBN.
He said: “We applaud the CBN’s introduction of E-naira, we are confident that this policy will stimulate economic activities that will result into job and wealth creation.
” We hereby call on the Governor to suspend the activities of the BDC operators in totality and supply money to the commercial Banks.
“We also demand that a monitoring Committee that comprises of EFCC, CBN and NFIU be set up to check and arrest BDC operators who go to the banks to buy off the dollar using fake application.”
Business
Court Orders Arrest Of Wike-led FCTA Director, 10 Others
By Aliyu Galadima
An Abuja High Court has issued a bench warrant against the director of investigation and prosecution of the FCTA, Joseph Eriki, and 10 others.Justice Suleiman Belgore has issued an order to compel the director and others to appear before the court for a suit filed against them.
The Judge’s decision followed the application of the prosecuting counsel, David Kaswe, who lamented the failure of the efforts to ensure that the suspects appear in court.
Justice Suleiman Belgore of the High Court in Abuja has issued a warrant of arrest against Joseph Eriki, the director of investigation and prosecution of the Nyesom Wike-led Federal Capital Territory Administration ,FCTA, and 10 others.
The judge had issued the order to compel the appearance of Joseph Eriki and 10 others before the court, as they had been arraigned in a suit filed against them by the federal government.
The warrant was issued following an application by the prosecution counsel, David Kaswe, who stated that all efforts to ensure the suspects’ presence in court had failed. Kaswe informed the court that the prosecution had made several attempts to notify the suspects’ lawyers and sureties, but to no avail.
He cited Section 124 of the Administration of Criminal Justice Act ,ACJA, which allows for the issuance of a bench warrant to compel attendance in court.
The court agreed to the application, issuing the warrant to ensure the suspects’ appearance for arraignment on a six-count charge. The charges against the suspects include criminal conspiracy, criminal trespass, forgery, and using a forged document as genuine.
They are also accused of using criminal force to deter a public servant from performing their duty. The suspects allegedly entered a plot of land belonging to Etha Ventures and constructed structures without authorisation, to defraud the company.
According to the prosecution, the suspects fraudulently obtained a consent judgment for the land, which was given to Super Structures Limited. The case has been adjourned until June 4 for arraignment.
The court’s decision to issue a bench warrant highlights the seriousness of the allegations and the need for the suspects to face trial. The suspects are facing a six-count charge, which was filed in February.
The court’s ruling emphasises the importance of a speedy trial and the need for the suspects to be held accountable for their actions.
With the bench warrant in place, the court is taking steps to ensure that the suspects appear in court and face the charges against them
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