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March 15, 2024 Rivers Police Recover Remains of DPO Agbashim, 6 Months After

Rivers Police Recover Remains of DPO Agbashim, 6 Months After

The south south where the Rivers State Police Command has recovered the remains of the slain DPO of Ahoada Police Division, SP Bako Angbashim, from the shrine of the late Gift Okpara.

Angbashim was murdered by a gang of cultists led by Okpara popularly called 2BABA, who was later killed in an operation led by the state police command.

The command’s Public Relations Officer, Grace Koko, said a coordinated joint operation carried out by tactical squads of the command and personnel of the Force Intelligence Bureau led to the recovery.

Koko said the operation led to the discovery of a burial site in the gang’s shrine where the remains of the slain police officer were found and subsequently exhumed.

She said the recovered remains have been taken to the mortuary for scientific examination and genetic testing to establish the identity of the remains through a meticulous comparison with samples obtained from the deceased officer’s relatives.

Koko added that the remaining dismembered parts of Angbashim’s body, which are suspected to have been buried at various undisclosed locations in the forest would be recovered.

March 11, 2024 Pencom denies lending Federal Government 10 Trillion Naira

Pencom denies lending Federal Government 10 Trillion Naira

Aisha Dahir-Umar, Director General of the National Pension Commission, has disputed reports that the commission lent N10 trillion to the Federal Government.

In October, the House of Representatives passed a vote directing its Committee on Pensions to collect N10 trillion in pension funds “borrowed” by the Federal Government.

During an interview over the weekend, Dahir-Umar denied the assertion, stating that PenCom was not a bank and did not warehouse or handle pension funds, and that the Federal Government did not get a N10tn loan from the commission.

She stated that “investments by the PFAs in the securities of the Federal Government of Nigeria are not loans as erroneously portrayed, but investments in securities, through bonds and treasury bills, as approved by the relevant government agencies, in this case, the Debt Management Office and the Securities and Exchange Commission.” They trade on authorized capital markets. That is, the Nigerian Exchange Limited and the FMDQ OTC Securities Exchange.

Moreover, PenCom does not manage pension fund assets. I have constantly stated that when we say pension assets have grown to N19.6 trillion, it does not imply that PenCom has N19.6 trillion locked away in its office or bank accounts. Licensed PFAs handle pension fund assets, whereas licensed Pension Fund Custodians hold them in custody.

“The PFAs are in charge of investing pension fund assets in permitted asset classes, which include FGN debt instruments. The objectives are safety and fair returns. All of this is consistent with the provisions of the enabling law, the Pension Reform Act of 2014, as well as the rules established by the commission. The following clearly shows that what is referred to as a ‘loan to FGN’ is simply the PFAs’ investment in FGN securities, as is done by other institutional investors like as banks, insurance companies, asset managers, and so on.

Responding to charges that PenCom owed arrears of pensions to Federal Government retirees, Dahir-Umar stated that the Federal Government had regularly satisfied its repayment obligations.

March 11, 2024 Ramadan Begins Today; Sultan Calls For Prayers Against Insecurity And Hardship

Ramadan Begins Today; Sultan Calls For Prayers Against Insecurity And Hardship

The Sultan of Sokoto, Sa’ad Abubakar, has designated today (Monday, March 11, 2024) as the beginning day of Ramadan.

The Sultan, Nigeria’s spiritual leader, said the declaration was based on the sighting of the moon in almost every part of the country earlier on Sunday, “which is the 29th day of the Month of Shaban and thereby signifies tomorrow, 11th of March, as the first day of Ramadan 1445.”

“We got the information from Muslim leaders across the country and we accept the sighting of the moon accordingly,” remarked the Sultan of Brunei.

He called on the whole Muslim population in the country to start fasting today in accordance with Islamic principles.

He advised Muslims to spend the month of Ramadan to pray against the development of instability across the country.

He urged all Muslims to use the month of Ramadan to pray for the leaders as they carry out their jobs with fear of God.

He also exhorted all Muslims in the country and outside to fast in absolute fear of God, while pushing the wealthy to provide food for the disadvantaged throughout the Holy Month.

March 11, 2024 Man City And Liverpool Play Out An Entertaining Draw, Leaving The EPL Title Race Wide Open

Man City And Liverpool Play Out An Entertaining Draw, Leaving The EPL Title Race Wide Open

Liverpool and Manchester City drew 1-1 in their title clash, leaving Arsenal as Premier League leaders.

John Stones’ first-half volley gave City the lead, but Alexis MacAllister equalised with a penalty shortly after the break at Anfield.

The outcome was precisely what Arsenal desired, as the Gunners held top place, a position they secured with Kai Havertz’s late header sealing a thrilling 2-1 victory over Brentford on Saturday.

Arsenal leads second-placed Liverpool by a goal differential of +7, while champions City are one point behind the top two, with all three teams having 10 games remaining.

In a title battle to remember, Arsenal will travel to City for a possibly crucial match on March 31.

In the 23rd minute, City scored their first goal at Anfield thanks to a superb set piece routine.

Kevin De Bruyne sent in a low corner, which Stones finished close to the near post.

Liverpool equalized in the 50th minute as City defender Nathan Ake attempted a kamikaze backpass that Darwin Nunez intercepted.

Ederson, the City goalkeeper, rushed off his line in a desperate attempt to avert the danger, but only managed to catch Nunez with a reckless lunge.

Mac Allister calmly stroked the spot-kick past Ederson, and in a frenzied finish, City’s Jeremy Doku hit the post before escaping another penalty appeal for a high challenge on Liverpool’s striker.

Jurgen Klopp’s final top-flight encounter with City manager Pep Guardiola was made much more significant by his shock declaration that he will leave Liverpool at the end of the season.

After fighting for supremacy throughout their reigns, it was natural that Klopp embraced Guardiola at the final whistle of a match that left the title’s fate in the balance.

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