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Bureau of Public Enterprise denies diverting N2.5 billion from PHCN to acquire property

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Agency of Public Enterprises (BPE) has engaged the overall population to dismiss the reports that guaranteed that its authorities redirected assets or continues from the PHCN.

BPE has unveiled that its authorities didn’t redirect N2.5 billion from Power Holding Company of Nigeria (PHCN) to purchase property in Aso Savings and Loans (ASL).

This revelation was disclosed in an assertion by Amina Othman, the Bureau’s Head of Public Communications, on Wednesday in Abuja.

As per NAN, Othman said the department had set a few expectations to ASL which had stayed slippery till date, as the ASL properties that are livable have been sold and the cash got has been paid into the administration depository.

Hence, the alleged diversion is, therefore, a figment of the imagination of the writers of the reports According to her, under the said arrangement, ownership of some completed properties that were ready for sale would be ceded to the bureau in partial satisfaction of the stranded deposits and cash repayment of N1.25 billion.

What they are stating

Talking about these bogus claims against the Bureau, she stated:

“On Feb. 25, 2014, the BPE got the endorsement of the Accountant-General of the Federation (OAGF) to build up a financial relationship with ASL… Subsequently, the agency made an arrangement in the amount of N2.5 billion in the record to encourage admittance to modest money for its staff lodging plan however the staff couldn’t get to the cash…

“Following the Federal Government’s order on Sept. 14, 2015 that all finances held with business banks be moved to the Bureau’s Treasury Single Account with the Central Bank of Nigeria, it was found that ASL couldn’t meet its store reimbursement commitments, subsequently, ASL proposed a reimbursement plan of property trade esteemed at N1.52 billion on Oct. 18, 2016.

“Under the course of action, responsibility for finished property that was prepared available to be purchased were surrendered to the agency in halfway fulfillment of the abandoned stores and money reimbursement of N1.25 billion…

It should be noticed that some of ASL property that are tenable have been sold and the cash got and paid into government depository… From the previous, there is no place that BPE authorities redirected any asset or continues from the PHCN. The supposed redirection is, in this way, a fabrication of the creative mind of the authors of the reports.”

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Rage as Fela Kuti is not among the inductees into the Rock and Roll Hall of Fame 2021 class

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Godfather of Afrobeat, Fela Anikulapo Kuti who received the posthumous honour to be among those vying to be inducted into the Rock and Roll Hall of Fame 2021 some few months back, sadly failed to secure a spot despite being top two on the voting polls.

Fela Kuti gets shunned from the inductees despite being top two.

Today, May 12, the committee announced the inductees by means of a 3-minute video through president and CEO, Gregg Harris. Fela was nominated in the Performers Category, amassing a total of 545,000+ votes, making him the second most voted act after Tina Turner (548,000+ votes) but to the surprise of the masses, Fela was not included in the list of inductees.

Shockingly included are performers like rap icon and mogul – JAY-Z and LL Cool J who failed to secure a top five spot on the poll, infact, they were the least voted acts when voting concluded.

Although, quite frankly there is a disclaimer on the website were the poll was conducted, stating that votes do not guarantee induction but for a Top 2 voted act in Fela Anikulapo Kuti, that should not even be the case and Nigerians have taken to Twitter to express their disappointment at the ‘rigging’, ‘clout chasing’ and inconsiderate conduct regarding how the Rock and Roll Hall of Fame committee unjustly treated the voting polls and Fela Kuti.

On what might have transpired regarding the voting stage and selection of inductees, Fela’s first son, Femi Kuti had this to say:

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Video: Mojisola Oduola -Kabiyesi

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At last the long awaited video is out . KABIYESI The unquestionable God.

watch and make sure you subscribe to my YouTube channel. May God bless you as you do so.

This will surely serve as my birthday gift from my love ones.
Click on the link below

CLICK TO DOWNLOAD

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Funny tweets, memes and videos from Twitter NG for “Happy 420”

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Today’s date, April 20, stylised as 4/20 is a day worldwide commemorated by stoners or smokers of weed to celebrate marijuana. In short, it is treated as a public holiday for weed/marijuana and termed—Happy 420.

Twitter NG i.e users of Twitter in Nigeria, as it is the yearly custom are trending “Happy 420” as the number one topic in the country. While many really used the medium to share their unwavering love for weed, others have taken it upon themselves to make funny tweets, memes, skits and share several videos in relation to weed smoking and “Happy 420” as an entity.

While some tweeps take jab at those who don’t smoke weed but indulge in the “woke” culture by wishing stoners a “Happy 420”, others in their own way intentionally misinterpret certain scriptural verses for comedic purpose in order to aid and bait their smoking habits, still others take it upon themselves to disperse various memes which for sure will bring a smile upon your face. That’s not all, though, for we have some tweeps who did brainstorm to form some of the best puns concerning weed and stoners jokes ever. Well we can say irrespective of the way they passed their message regarding “Happy 420”, they all ended on a high note. Enjoy!

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