Lagos State government to grant amnesty to cultists

 

 Lagos State government is ready to grant amnesty to those willing to renounce their membership of cults and turn a new leaf.

Governor of Rivers state present a budget of N470 billion for the 2017 fiscal year to the State House of Assembly

    Governor Nyesom  Wike of Rivers state, has presented a budget of N470 billion for the 2017 fiscal year to the State House of Assembly for approval.

Pastor Matthew Ashimolowo loses $4.8m to ponzi scheme

     Popular Nigerian Pastor and founder of Kingsway International Christian Centre located in the UK, Matthew Ashimolowo, has lost $4.8 million to a Ponzi scheme after members on the board of his church invested the money into the scheme.

The ponzi scheme is owned by former Premier League soccer player, Richard Rufus, who used to be a defender for Charlton Athletic.


Rufus who is a former member on the board of the church, promised investors along with the church a return as high as 55 per cent. He was last year found guilty of defrauding about 100 investors out of a total of $10,731,159 (£8,682,343) in the £16-million investing scheme (read here).

Christian Post who shared a report of findings from an inquiry published on December 14th by the Charity Commission for England and Wales, disclosed that the church had a net loss of about $4.8 million (£3.9 million) after its trustees invested over $6.1 million (£5 million).

Kingsway International Christian Centre was the single largest investor in the scheme. The Charity Commission in the report presented after its investigation, stated that the church’s trustees made an initial investment and entered into an agreement in which they were guaranteed that the church's investment would earn a profit of about 5 percent per month, with the exception of August and December when they were guaranteed profits of about 2.5 percent.

“The inquiry established that in practice, however, the investments resulted in a net loss of £3.9% million to the charity,” the report explains The report states that the church’s trustees who handed over the funds were guilty of “mismanagement.”

The commission found that the church’s trustees did not “exercise sufficient care when making the decisions to invest £5 million of the charity’s funds through the ex-trustee’s investment scheme.” Read the report from the Charity Commission's investigation here

PHOTOS- Ex President OBJ Attends The Wedding Reception Of The Prince Of Ero Land

   The people of Ero Land in Ondo State happily celebrated  the wedding of their prince. Ex President of Nigeria, Chief Olusegun Obasanjo graced the event and was given a glamorous welcome at wedding ceremony of the son of Ekiri of Ero Land in Ondo State.

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Confusion As Man Refuses To Show Up For His Wedding

    A bride and other guests at a wedding ceremony were left in shock after the groom failed to show up for the exchange of marital vows in church.
Now the man is blaming his absence on the devil.

Nigeria’s steel sector gets $100m Chinese investment

 

    Nigeria’s steel production has received a $100 million Chinese investment through HongXing Steel Company Limited. According to the Iron and Steel Senior Staff Association of Nigeria, ISSSAN, Nigeria’s present steel production stands at about 300,000 tonnes per annum, while consumption is above 20 million tonnes per annum.

Davido Beats Recession, Buys 2017 Range Rover

Supernice..................

2017 budget: FG to spend N100m on kitchen utensils for Aso Rock

   

    According to sun news online, the 2017 budget, christened budget of growth and recovery, presented to the National Assembly by President Buhari on December 14, shows that the State House budget for the fiscal year would be N42 billion, with expenditure on food, cooking gas and kitchen utensils expected to gulp well over N850 million.

T.I.’s Wife Tiny Files For Divorce

   According to TMZ, the former Xscape singer filed papers to end her 15-year marriage to the 36-year-old artiste in Georgia earlier this month.

Constitution amendment: President, govs to lose immunity

   The Senate has commenced the process of amending section 308 of the 1999 Constitution which gives immunity to president, vice president, governors and deputy governors in the country.

Police Arrest Suspected Militant Planning To Bomb Lagos Third Mainland Bridge

   According  channels, a suspected militant and member of a gang planning to blow up the Third Mainland Bridge in Lagos, Nigeria’s commercial city, has been arrested by the police. Police recovered two AK 47 Rifles, two cartons of Explosives and Detonators.

Nigerian Man Causes Drama In Public As He Proposes To His 'Plus-Size Girlfriend' In US

   

Cho’zyn Boy as he is fondly called, is a Nigerian man based in the United States and he took everyone by surprise including his girlfriend as he knelt on the floor to propose to her in grand style. The event which took place on while they were on a date last month in the United States has left many people still talking.

In his words:

You are such an amazing, beautiful, God-fearing woman and can’t wait to spend the rest of my life with you! Special thank you to all who helped make this the best day of our lives!”
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DELTA- Yahoo Boys caught with ladies Panties, Bras, as Ritual Items

    A group of internet fraudsters [a.k.a Ghana Burgers] were apprehended by policemen at Koko Junction, Warri, Delta State. According to evidences found on them and their confessions, the guys went to Oyo State for rituals.

Read the story as shared by Ossai Ovie Success online:

Open Heavens Devotional 29 December 2016:- Resist the devil

Open Heavens Devotional 29 December 2016:- Resist the devil
RESIST THE DEVIL – Thursday December 29th 2016

Memorise: Submit yourselves therefore to God. Resist the devil, and he will flee from you. James 4:7
Read: James 1:12-16 (KJV)
12 Blessed is the man that endureth temptation: for when he is tried, he shall receive the crown of life, which the Lord hath promised to them that love him.

NIMASA reopen three jetties and port facilities recently closed

    Following their partial compliance and written commitments to remedy all identified deficiencies of the International Ship and Port Facility Security ,ISPS, Code, the Nigerian Maritime Administration and Safety agency ,NIMASA, has reopened three jetties and port facilities recently closed.