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SAD! Popular Nigerian bank manager k!lled by kidnappers (Photo)
Some unknown kidnappers have killed the manager of the Union Bank, Igueben branch in Edo State, Mr. John Otobo, after they allegedly collected N8m ransom.
According to reports, the deceased was kidnapped a few days ago between Ugbegun and Uromi, while on his way home from work.
While confirming the ugly incident via Facebook post, a member of the community, Odion Humphrey, on Wednesday, April 3, 2024 wrote: “The entire Udo community say goodbye to you, Mr. John Otobo, the Branch Manager Union Bank Igueben. You will forever remain in our heart.
“As for your killer, may they never know peace all the days of their lives. May Almighty God grant u eternal rest, and may ur soul and the souls of every other faithful departed through the mercy of God rest in peace, Amen,” he wrote.
Details of the incident are still sketchy at the time of filing this report but it was gathered that his body was found in the bush after ransom payment.
Investigation ongoing by the security personnels on matter.
See more photos below:
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Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
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We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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