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22-Year Old Nigerian Jailed In The US For ATM Fraud In Excess Of N100m

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A 22-year old Nigerian, Damilola Bamidele Isaac Samuel, has been sentenced to jail in the US over ATM fraud in excess of 100 million Naira.

Samuel who was found guilty of using fraudulent ATM Bank cards was sentenced to 33 months in federal prison and faces deportation after jail time.

He was convicted in Shreveport, Louisiana for using fraudulent ATM bank cards to steal more than $260,000 from dozens of bank customers.

According to federal prosecutors, Chief U.S. District Judge S. Maurice Hicks Jr. ordered Samuel to serve 33 months and pay $276,790 in restitution.

 

According to court documents, Samuel conspired with others to steal money from Regions Bank customers.

Authorities said he set up accounts in legitimate bank customers’ names then transferred money from those accounts into fraudulently created accounts.

Multiple times, Samuel was seen on surveillance cameras using ATM cards associated with the fraudulent accounts, the news release said

Samuel pleaded guilty to conspiracy to commit bank fraud on Dec. 10, 2019, the judgement was delivered on Monday.

 

U.S. Attorney David C. Joseph disclosed the judgement in a statement on Thursday saying Samuel will face deportation proceedings after serving his term.

 

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Dangote to test $90m power plant

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Plant commissioning will start this month and is expected to go fully online in November.

IN SUMMARY

  • The plant is expected to stop the use of imported coal besides ending diesel imports tax disputes with the government.
  • Plant commissioning will start this month and is expected to go fully online in November.
  • The company reported a decline in cement production for the first six months of this year and said it sold 526,000 tonnes of cement in the period, four per cent lower than the same period last year.
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Dangote Cement will this month do test runs for the $90 million gas-fired power plant in Mtwara, southern Tanzania, after months of delays occasioned by the Covid-19 pandemic.

The plant is expected to stop the use of imported coal besides ending diesel imports tax disputes with the government.

“Covid perturbations in India where the plant was conceived, equipment produced and engineering services located, delayed commissioning of the first turbine of our plant,” Albert Corcos, Dangote Tanzania country manager, told The EastAfrican.

Plant commissioning will start this month and is expected to go fully online in November.

The company reported a decline in cement production for the first six months of this year and said it sold 526,000 tonnes of cement in the period, four per cent lower than the same period last year.

Dangote is banking on the power plant to enhance the efficiency of its three million-metric tonne per annum capacity.

“We have had mechanical failures of some main equipment in the first four months of the year, and our maintenance to sustain reliability delayed because of the late delivery of material needed for the maintenance of our kiln,” said Mr Corcos.

Declining volumes

The firm’s total market for cement stood at about 2.7 million metric tonnes in the first six months of this year. Group sales volumes decline by 1.5 per cent to 12.1 million tonnes from 12.2 million.

During the six months, the company, Africa’s leading cement producer with nearly 48.6 million metric tonnes capacity, saw its revenues increase marginally by two per cent to $1.24 billion from $1.21 billion while its pre-tax profits increased by 4.7 per cent to $423.6 million from $404.4 million.

Pan-African sales of 4.7 million metric tonnes, a 0.7 per cent growth was due to lockdowns and restrictions across their operations. Total volume represents 39.1 per cent of the group’s volumes.

In Ethiopia where the market for cement was estimated at about 3.7 million metric tonnes in the first six months of this year, Dangote sold 1.1 million metric tonnes at its 2.5 million capacity plant, representing a 16 per cent increase year-on-year.

The company controls a market share of about 30 per cent in the country.

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Video: Watch Nollywood Actress, Joke Jigan Twerk To Megan Thee Stallion’s Savage

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Nollywood actress, Joke Jigan was sure in a good mood as she shows off her twerking skill to Megan Thee Stallion’s banger, “Savage”.

The award-winning actress in her revealing dress took to her Instagram page to show her stuff and revealed she’s the happiest at the moment.

She however disabled the comment section from wagging tongues. Posting the video below, she captioned, “The struggle is real… mood for the rest of this week!!!!! Am the happiest person on earth right now!!!!

 

 

 

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Nigeria Boko Haram: Governor says battle against militants being sabotaged

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A governor in north-east Nigeria has suggested efforts to defeat jihadist group Boko Haram are being undermined by elements of the security apparatus.

Borno State’s Babagana Zulum said President Muhammadu Buhari needed to know sabotage within the system was frustrating work to end the insurgency.

Babagana Zulum was speaking bluntly days after his heavily armed convoy suddenly had to flee a town near Lake Chad because of sustained gunfire.

The army blamed Boko Haram.

The governor suggested soldiers were behind it and once again used the word sabotage.

 

Babagana Zulum also questioned why the Nigerian army was stopping thousands of displaced people from returning home to their fields whilst soldiers were instead cultivating the land.

Governor Zulum is not the first person to essentially suggest that corruption within the military is prolonging the people’s suffering in north-east Nigeria.

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