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EXPOSED: Former ICPC Board Nominee, Maimuna Aliyu In Multi Billion Naira Dubai, Abuja Properties Scam [Documents Attached]

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A recent investigation has revealed how controversial ex-banker and former nominee to the board of the Independent Corrupt Practices and Other Related Offences Commission [ICPC], board, Maimuna Aliyu allegedly acquired a Dubai property worth $3.05m, over N1.2 billion at an exchange rate of N360 to $1.

According to TheNewsGuru, the Economic and Financial Crime Commission, EFCC, claim the money may have come from long years of misappropriation, contract scams and diversion of public funds.

Some sources who claim close knowledge to her inner dealings confided that Aliyu may have served as front for some top politicians, who are not unconnected with the attempt to appoint her into ICPC allegedly to defend their selfish course.

Recall that the ex-banker on October 18, 2017 was listed by an Abuja High Court Judge, Justice Nnamdi Dimgba among those who served as proxy to the former Minister of the Federal Capital Territory,FCT, Bala Mohammed in unlawful property dealings in and around Abuja, whose values are in excess of N 3 billion.

Contained in a letter personally written and signed by Aliyu on 2nd of October, 2015, which she addressed to the Minister, Ministry of foreign Affairs, in a bid to state her legitimate acquisition of the asset estimated at $3.05m, are details surrounding the transaction.

The billion naira investment, the letter which was exclusively sourced, stated, was sold to the ex-banker between 2011 and 2012 by Dubai Lifestyle City.

A section of the letter reads:

“I gave.. an initial deposit of $250,000 and by 16th of May 2011, I gave additional $300000 bringing the total to $550000.

“By 5/10/2011, I gave him additional $1.1m … In 2012, I paid additional $600000 bringing the total to $2.25m. By April of 2013 I paid additional $805000. Bringing the total to $3.05m to Dubai lifestyle city through their representative all in cash except for the last $800000 that was transferred from SunTrust Bank in America (Atlanta).

The transfer was done by April 18, 2013, the money had hit their account in Dubai and confirmed by Elias as received.”

High level security sources confided in TheNewsGuru.com, that investigations by the EFCC in collaboration with the Dubai authorities may have traced more properties in that country to the former Executive Director and some of her friends who are top officials of the immediate past government.

Aliyu’s role in Bala’s fraud case

In one of the affidavits tendered by EFCC, on the fraud case with the former minister, Bala, a four bedroom fully detached duplex with boys quarters at 103 Cadastral Zone A05, Maitama and House No. 2A No, 7 Gana Street, Maitama, Abuja, “properties that were reasonably suspected to be proceeds of unlawful activities” were registered under Maimuna Aliyu’s name.

In a new application filed by EFCC prosecutor, Mr. Ben Ikani, against former Minister of the Federal Capital Territory, Senator Bala Mohammed, and his son, Shamsuddeen, Aliyu was alleged to have served as proxy to the former minister in unlawful property dealings in and around Abuja, while he was in office.

The commission said the properties were held in the names of different companies and Maimuna Aliyu, was described as Mohammed’s proxy, who was allegedly, used to acquire the houses at 1A and 2A of No. 7 Gana Street, Maitama, Abuja.

In his ruling last week, Justice Dimgba of the Federal High Court in Abuja ordered the temporary forfeiture of the said assets.

The federal government in August withdrew Aliyu’s nomination to the board of the Independent Corrupt Practices and Other Related Offences Commission after, allegedly, discovering she was being investigated for corrupt practices by EFCC.

A three-count charge of abuse of office, misappropriation of public funds and criminal breach of trust was slammed against her on August 15 by the ICPC.

The letter is attached below:

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FIRS ANNOUNCES AN ONGOING RECRUITMENT

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FIRS ANNOUNCES AN ONGOING RECRUITMENT.

 

The Federal Inland Revenue Service (FIRS) has rolled out an exciting opportunity for experienced professionals to join its team.

In a public notice via its X handle, the agency announced job openings for positions like Assistant Manager, Deputy Manager, and Assistant Director in fields such as Tax, Public Relations, Legal, ICT, and Risk Management.

Interested candidates are encouraged to review the eligibility criteria and apply via the official portal at careers.firs.gov.ng before January 11, 2025. This recruitment drive is aimed at bolstering public service efforts and maximizing national development.

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

The newly renovated departure section of the Murtala Muhammed International Airport, Lagos, refurbished by United Bank for Africa (UBA) Plc, was officially commissioned on Friday, December 20th, 2024.

The laudable project, which marks a transformative moment in Nigeria’s aviation sector, underscores UBA’s unwavering commitment to national development and highlights the immense value of strategic public-private partnerships (PPPs).

The ceremony was graced by distinguished stakeholders, including the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN; the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku; other Directors, and Heads of Agencies operating at the Airport.

Speaking at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba,lauded the collaboration that brought the project to fruition as he emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

“This renovation is a testament of UBA’s belief in the transformative power of investing in national assets. By modernising our airports, we not only enhance infrastructure but also position Nigeria as a global hub for tourism, trade, and investment,” he stated.

Alawuba took time to highlight the broader economic impact of such initiatives, urging increased private-sector participation in national development. “Public-private partnerships like this demonstrate what can be achieved when we unite for a shared vision of progress and investing in infrastructure catalyses economic growth, improves travel experiences, and creates opportunities across various sectors of the economy,” he added.

Alawuba reflected on the power of unity and collaboration, quoting Helen Keller: “Alone we can do so little; together we can do so much.” The commissioning of the renovated departure section serves as a reminder of what strategic partnerships can achieve in driving national development and elevating Nigeria’s global standing.”

While commissioning the project, Keyamo commended UBA for executing the project, a feat he termed a landmark achievement in Nigeria’s aviation sector. “This renovated departure section exemplifies the bank’s commitment to elevating aviation infrastructure, improving passenger experiences, and fostering international partnerships. It is a proud moment for the ministry and all stakeholders involved, and I thank the management of UBA for pioneering this initiative,” he remarked.

The minister highlighted other key achievements of his ministry, including compliance with the Cape Town Convention, the launch of a consumer protection portal, and advancements in major infrastructure projects such as the second runway at Abuja Airport and solar energy integration in airport operations.

The Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, commended UBA and other stakeholders for their contributions, adding, “This project reflects FAAN’s dedication to delivering world-class aviation infrastructure. The enhanced departure section not only elevates passenger experiences but also strengthens Nigeria’s competitive position in global aviation,” she said.

She called for more private-sector participation, emphasising that “partnerships like these are essential to transforming the aviation sector into a beacon of excellence.”

The newly renovated departure section boasts cutting-edge facilities designed to enhance efficiency and passenger comfort. This upgrade reaffirms the Murtala Muhammed International Airport’s status as a critical gateway to Nigeria and a major hub for international travel in Africa.

United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology. UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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