Connect with us

News

BREAKING: Imo Governor-Elect Hope Uzodinma Freezes State Bank Accounts

Published

on

Hope Uzodinma

The governor-elect of Imo State, Senator Hope Uzodinma, has given an order to all financial institutions where the state funds are maintained not to honour any draft till further notice.

This order came a few hours after that the Supreme Court declared him the duly elected governor of the state on Tuesday.

Acooridng to Punch, a letter addressed to the regional directors and managers of all the financial institutions in Imo state and signed by Cosmos Iwu, director-general of Senator Hope Uzodinma campaign organization on behalf of the governor-elect, ordered the financial institutions to “post no debit” on all the accounts of the state domiciled in their banks till further directive.

The letter which was titled, “Order of post no debit on all accounts of Imo state government effective immediately 14 January 2020” stated that the order was a sequel to the apex court judgment which declared Uzodinma the new governor of the state.

The three-paragraph letter read, “Following the Supreme Court judgment of 14 January 2020, I am directed by his excellency, Senator Hope Uzodinma, to take this as your authority/instruction to place a post no debit order on all accounts of the Imo state government maintained in your various institutions.

“You are by this letter directed to comply and await further instructions from the office of his excellency, the executive governor of Imo state. Thanks for your cooperation.”

News

Air Peace Sacks Over 70 Pilots

Published

on

Allen Onyema

Air Peace has sacked over 70 pilots across its fleet types as the negative impact of COVID-19 pandemic continues to take a huge toll on its operations.

The airline said it had to take the “painful but rightful” decision in the face of the devastating effects of the COVID-19 pandemic on its operations and financial health.

It said the job erasure for pilots amongst it over 3000 staff became imperative because it could not afford to continue fulfill its financial obligations without carrying out restructuring of its entire operations to survive the times.

Besides, the carrier said the painful decision was to keep its operations afloat after it carried out a raft of measures including cut of zero to 40 per cent in the salaries of staff.

In a statement in Lagos on Monday, the airline management said such move was critical to sustain its operations and survive the times.

The statement reads: “This decision is inevitable under the circumstances we find ourselves. In order to protect the continuity of majority of the existing jobs and the possibility of creating new ones in future, the survival of the airline is of paramount importance. When everything comes back to normal those pilots affected today will have a place to come back to in future if they so wish.

“Anything short of what we have done may lead to the collapse of an airline as could be seen in some places worldwide during this period.

“Therefore, we decided to review the salaries being paid to all staff. The new salaries reflect zero to 40 per cent cut of the former salary depending on the salary grades of every staff.

“Even after the cuts, it was obvious for us to be able to sustain our operations and survive the times, some jobs must inevitably have to go.”

Continue Reading

News

Army Nabs Mexican Drug Lord ‘El Marro’ After Years On The Run

Published

on

One of Mexico’s most wanted drug lords, José Antonio “El Marro” Yépez Ortiz, the leader of the Santa Rosa de Lima Cartel (CSRL), has been arrested by operatives of the Mexican Army.

El Marro who is the lader of a Mexican criminal organization from the state of Guanajuato was captured on Sunday, August 2, in a village called Franco.

The drug cartel, Yepez, believed to be 40 is accused of fueling crimes in the central state of Guanajuato between rival Jalisco New Generation cartel.

According to report, the rival, Jalisco New Generation is considered one of Mexico’s deadliest cartels and it’s under the control of 54-year-old drugs kingpin Nemesio Oseguera Cervantes, nicknamed ‘El Mencho.’ He is Mexico’s, most-wanted man.

Yepez who was on the run for years was captured along with five other suspects holding a kidnapped businesswoman.

During the swoop on two buildings, soldiers freed the kidnapped businesswoman and seized a cache of weapons including a grenade launcher, the Defense Ministry said.

Ortiz will be transferred to the Altiplano penitentiary, a maximum-security prison where drug lord Joaquin ‘El Chapo’ Guzman was housed before he escaped through a tunnel in 2015. Guzman was recaptured in 2016.

The Guanajuato attorney general released the following statement: “A joint operation of federal forces and local forces achieved the arrest of the leader of the Santa Rosa de Lima Cartel, Jose Antonio Yepez Ortiz alias “El Marro” and the liberation of a businesswoman kidnapped.”

Continue Reading

News

Shoprite’s Exit Will Help Supermarkets In Nigeria — Shehu Sani

Published

on

Shehu Sani, former Kaduna Central Senator, has reacted as South African retail grocery store, Shoprite announced plan to exit Nigeria.

Sani said Shoprite’s exit from Nigeria would help local supermarket in the country to grow.

In a tweet, the former lawmaker wrote: “If Shoprite wants to stay, they can stay; if they want to go, they can go; it will help local supermarkets to grow.”

Shoprite Holdings Limited, a South African company with hundreds of outlets in Nigeria, had said it may discontinue its operations in Nigeria.

The company stated this in its “Operational and Voluntary Trading Update” released on Monday.

According to Shoprite, the decision was due to the effect of the COVID-19 outbreak.

Continue Reading
Advertisement

HOTTEST TOPICS