Wednesday, 20 August 2014

Why UK Barred Bishop David Oyedepo!

Bishop David Oyedepo

Bishop David Oyedepo

NIGERIAN Pastorpreneur David Oyedepo has been barred from entering the UK by the British Home Office following the commencement of investigations into his affairs by the UK Charities Commission.

Bishop Oyedepo, popularly known as Papa by his followers, has been under investigation by the Charities Commission since 2012. Investigators are looking into the activities of his Living Faith Church, also known as Winners Chapel and the way it gets money from parishioners.

Preliminary enquiries have accused the UK branch of Winners Chapel, run by Bishop Oyedepo’s son, of cynically exploiting supporters. As a result of the investigation, the Home Office has instructed the British High Commission in Abuja to issue what is known as an Airline Alert, which bars any carrier from bringing him into the UK.

One source at the Murtala Mohammed International Airport in Lagos, said that the barring of Bishop Oyedepo, was communicated to the airlines on Saturday, 9 August, 2014. According to the contents of the alert, any airline that flouts the ban and transports Bishop Oyedepo to the UK, is liable to a fine of £2,000.

Bishop Oyedepo holds a UK C visa that allows him entry into the country for 10 years, so ordinarily would not have any problem travelling at will. He also owns four private jets, so it is not yet clear what will happen if he decide to travel in using his own transport.

Authorities in the UK are concerned about the manner in which Bishop Oyedepo’s church raises money from unsuspecting, naive and gullible members of the public. According to preliminary findings, Bishop Oyedepo’s church ‘received £16.7m in donations from followers who were told that God would give them riches in return.

Charity Commission officials also found out that his followers are ferried in double-decker shuttle buses to the church, handed slips inviting them to make debit card payments. They are even told obeying the ministry’s teachings will make them immune from illness and many of them oblige.

Tuesday, 19 August 2014

NNPC, Zenith In Messy Oil Bloc Quagmire!

Zenith logo Nigdel United Oil Company Ltd (NUOCL) is a customer of Zenith and has maintained banker/customer relationship.  NUOCL applied to Minister of Petroleum Resource (MPR) and Nigeria National Petroleum Corporation (NNPC) to own a bid for an oil prospecting license (OPL 233) in Nigeria 2006 Mini Round Bidding for Oil Blocks.
Under the terms and conditions of the grant of the Oil Block, NUOCL was to pay a total signature bonus commitment of the sum of $11,000,000,00 (Eleven Million US Dollars) to the MPR and NNPC respectively.
In pursuance of the banker/customer relationship existing between NUOCL and Zenith bank, NUOCL approached his bank (Zenith Bank) for credit facilities in the sum of $11,000,000,00 (Eleven Million US Dollar) to be utilized for the payment of the signature bonus in respect of OPL 233 to be allocated to NUOCL by MPR and NNPC.
Nigeria United Oil Company Ltd’s application to Zenith bank for credit facility and for the relationship between them, Zenith bank grant the credit facilities in two tranches in the total sum of $11,000,000.00 US Dollar to enable NUOCL finance the payment of the signature bonus for OPL 233 it won from NNPL and MPR
That pursuant to the bank’s offer letter which was duly accepted the NUOCL, Zenith Bank granted NUOCL a short term loan in the sum of $2,750,000,00 (two million, seven hundred and fifty thousand dollar) for a tenor of ninety (90) days to finance payment of signature bonus commitment in respect of OPL 233 Oil block to be allocated to NUOCL by Minister of Petroleum Resources and NNPC. In furtherance of NUOCL’s acceptance of the credit facility, NUOCL forwarded to Zenith board resolution accepting the said facility.
It is the terms of the agreement between Zenith bank and NUOCL as contained in the Zenith bank credit facility $2,750,000,00 shall be secured by NUOCL assigning 25% of its interest in the Oil Block allocated to her by NNPL and MPR in favour of Zenith bank.
By the agreement between Zenith Bank and NUOCL, NUOCL was obligated to execute an irrevocable assigning 25% right in respect of the Oil Block to Zenith but NUOCL failed and refused to do so.
Also, Zenith bank granted another credit facility in the sum of $8,250,000,00 to NUOCL vide an offer letter which was duly accepted by Zenith Bank. In accepting the said credit facility, NUOCL forwarded its board resolution to Zenith Bank.
The said credit facility in the sum of $8,250,000,000 was for a tenor of twelve months and it was granted to enable NUOCL finance the payment of the 75% balance of the signature bonus commitment payment in respect of OPL 233 Oil Block to be allocated by NNPC and MPR respectively.
The aforesaid credit facilities of $11,000,000,00 was secured by NUOCL was of assignment of 100% of its right in the OPL 233 Oil Block allocated to NUOCL by NNPC and MPR
By the terms of the letter dated 11th Sept., NUOCL was obligated to execute an irrevocable mandate assigning 100% of its rights in the OPL 233 OIL Block allocated to by NNPC and MPR in favour of Zenith bank.
However, Zenith Bank, following the terms of the credit facilities advance to the NUOCL prepared an irrevocable mandate assigning 100% of the NUOCL’s interest in the OPL 233 to Zenith bank to serve as security for the credit facilities Zenith Bank advanced to the NUOCL, but NUOCL refused to execute the said irrevocable mandate.
Zenith bank management revealed that the credit facility in the sum of $2,000,000,00 granted to NUOCL vide offer letter dated 14thAugust, matured on 17th November, which the credit facility in the sum of $8,250,000,00 granted to NUOCL vide Zenith bank offer letter dated 11th September, ever since the maturity of the aforesaid facilities, NUOCL was wilfully and persistently refused and failed to liquidate same Oil Block.
Source have it that Zenith bank revealed that NUOCL, from onset had the intention not to pay the credit facilities to the bank and that was why it failed/refused to execute the irrevocable mandate assigning its 100% interest in the OPL 233 as security for the loan.
The two parties agreed on interest rate payable in respect of the facilities Zenith Bank granted NUOCL was 25% per annum.
Zenith Bank aver that, the sum of $15,900,089,99 was outstanding in the account of NUOCL with the bank being the unpaid credit facilities the bank availed NUOCL plus interest. With this claims and intentions, Zenith Bank Plc as dragged NNPC, MPR and NUOCL to court.
NNPC claims that this is a fraudulent act/move by Zenith Bank as NNPC has never part of any agreement made by either party.
However, all the claims by Zenith are not acceptable by NNPC as a defence statement was issued.
NNPC as hereinafter expressly denies each and every averment of facts contained in the statement of claims as if same has been set down and denied seriatim.
NNPC is not in a position to admit to most of the claims mentioned by Zenith Bank but however admits that NUOCL is a customer of Zenith Bank and also won the bid for an oil prospecting License (OPL 233) and was also awarded license thereto after fulfilling all the requirement of the law.
Shybellmedia gathered that, Zenith bank should have encourage its client in every way to pay up instead of dragging them to court.
Moreso, NNPC revealed that, was not a part to any agreement entered between Zenith Bank and NUOCL. There exists no privy of contract between NNPC and either Zenith Bank or NUOCL in respect of any loan facility or any transfer of any interest in license issued.
NNPC is not aware of any of such agreement entered between Zenith and NUOCL.
NNPC cannot be bound by any agreement which he was not a party to. 
Metro news 

Photos Of Ebola Testing On Travellers At MMA Nigeria!

A passenger holds personal possessions as a Nigerian port health official uses a thermometer on her at the arrivals hall of Murtala Muhammed International Airport in Lagos, Nigeria, Wednesday Aug. 6, 2014. A Nigerian nurse who treated a man with Ebola is now dead and five others are sick with one of the world's most virulent diseases, authorities said Wednesday as the death toll rose to at least 932 people in four West African countries. Photo: Sunday Alamba, AP / APNigerian port health officials uses a thermometer on a worker at the arrivals hall of Murtala Muhammed International Airport in Lagos, Nigeria,  Wednesday, Aug. 6, 2014. A Nigerian nurse who treated a man with Ebola is now dead and five others are sick with one of the world's most virulent diseases, authorities said Wednesday as the death toll rose to at least 932 people in four West African countries. Photo: Sunday Alamba, AP / APA Nigerian port health official uses a thermometer on a passenger at the arrivals hall of Murtala Muhammed International Airport in Lagos, Nigeria,  Wednesday, Aug. 6, 2014. A Nigerian nurse who treated a man with Ebola is now dead and five others are sick with one of the world's most virulent diseases, authorities said Wednesday as the death toll rose to at least 932 people in four West African countries. Photo: Sunday Alamba, AP / APA Nigerian port health official speaks to a passenger at the arrivals hall of Murtala Muhammed International Airport in Lagos, Nigeria,  Wednesday Aug. 6, 2014. A Nigerian nurse who treated a man with Ebola is now dead and five others are sick with one of the world's most virulent diseases, authorities said Wednesday as the death toll rose to at least 932 people in four West African countries. Photo: Sunday Alamba, AP / AP

Nigerian port health officials uses thermometer on travellers at the arrival hall of Murtala Muhammed International Airport in Lagos Nigeria.

NIGERIA REJECTS SPECULATIVE EBOLA DRUG!

The Minister of Health, Onyebuchi Chukwu, said the Nigerian Government was withholding its approval for the Anti-Ebola drug, Nano-Silver produced by a Nigerian because it did not meet the requirements of the National Health Research Ethics Code.

The speculative and highly controversial drug is readily available on the Internet and seems to enjoy a sort of attention because of the agelong benefits of the silver molecule.It baffles those in the know when, out of the blues, it was suddenly touted as a cure for Ebola virus in Nigeria. Noteworthy that the US claimed the drug is a pesticide and must be used with care.



The minister further opined that the Nano Silver drug, which was made available to the Emergency Operations Centre in Lagos on August 14, did not meet basic research requirements.

“The experimental drug, Nano Silver did not meet the requirements of the National Health Research Ethics Code.

“Accordingly, the approval was withheld by the National Health Research Ethics Committee”, Chukwu said.

 

SUICIDE BOMBER NABBED AT MMA LAGOS!

LAGOS—A suspected suicide bomber was Monday arrested by security operatives at Murtala Muhammed Airport, Lagos.

The yet-to-be-identified physically-challenged suspect was apprehended with suspected explosives around his neck at the annex office of the Nigerian Airspace Management Agency, NAMA, office located inside the Murtala Muhammed Airport, Lagos.

Unconfirmed report said he was arrested while attempting to detonate the explosives.

The suspect who later handed over to the police by Airport security operatives, was subsequently taken to the Airport Police headquarters along the Ikeja- Airport road.

Reacting to the incidence, NAMA General Manager, Public Affairs, Mr. Supo Atobatele, said the disabled suspect was on the ground making phone calls and when accosted, his incoherent explanation led to his arrest by security operatives.


Nabbed: An alleged Boko Haram suicide bomber arrested at the Lagos Airport.

According to Atobatele, “The attention of the Nigerian Airspace Management Agency, has been drawn to insinuations that a suspected suicide bomber was arrested at one of the agency’s facilities at the Murtala Muhammed International Airport, Lagos on Monday (yesterday). The basic truth however, is that the said suspect was on the ground making phone calls along the airport road close to CENTREX, an annex office of NAMA when the agency’s security personnel accosted and questioned him.

“His incoherent explanation exposed him to the security personnel who later found on him some devices suspected to be explosives. He was subsequently handed over to the Airport Police Command for further investigation. The Managing Director, Ibrahim Abdulsalam has commended the security personnel for their vigilance and prompt arrest of the suspect.”

Efforts to get response from the Commissioner of Police, Airport Command proved abortive as reporters were told that the police was still investigating the matter.
Due to the incident, security has been beefed up at the Federal Airport Authority of Nigeria, FAAN gates as people going in and out of the premises were thoroughly screened while their bags were searched by security operatives.

- See more at: http://www.vanguardngr.com/2014/08/bomb-scare-lagos-airport/#sthash.fpoQvWwM.VaLythV6.dpuf