News
SAD! Train crashes into family of six in Delta
By Kayode Sanni-Arewa
A passenger train returning to Ujevwe Train Station, has reportedly crashed a family of six along its track, leaving them with various degree of injuries at Odijpata area of Orhuwhorun, Udu local government area of Delta State.
Eyewitnesses disclosed that the train driver crashed the vehicle carrying a man and his wife including their four children on Friday evening.
It was gathered that the Ill-fated vehicle driver had stopped at the train terminal in Odijpata waiting for the train to pass but unfortunately the train was said to have rammed the car and flinged it into a nearby ditch.
The husband and wife including their four children were said to have survived the fatal accident but were badly injured and rushed to an undisclosed hospital.
Witness said, “It happened on Friday here in Odijpata. The train driver almost killed the full family, a husband and wife and their four children were in the car heading towards the Odijpata railway area after the flyover when suddenly their vehicle was crashed and almost killed all occupants.
“There is a terminal there to barricade the road from vehicular movement but the terminal is not functioning, the community people used two caravan to block the front and the workers that are supposed to barricade the road are ghost workers, they don’t come to work
“So whenever a train is passing, any vehicle near the track is at risk. If the terminal was functional accident of these nature wouldn’t have occurred so easily because vehicles would be barricaded a distance from the train track but because the terminal is not functioning people stopped close to the track thus end up been crashed by the moving train unknowing to them that they are too close.
“The man and wife who had the recent accident were not on the track at all, they packed at where the road met the track waiting for the train to pass but unfortunately they got crushed badly and the train driver didn’t even bother to stop. If the vehicle was on the train track the train could have grounded it but it appears they stopped too close to the track.
“It was passerbys that rushed in and rescued the man and his wife and the kids. They were rushed to one hospital but no one can tell if they survived or are died now.
“The vehicle damaged beyond repair, the windscreen are scattered and it appears the occupants had a bag of bean and rice in the vehicle because the whole road littered with the items when the train flung the vehicle into the ditch”.
“Police and vigilante people who came after the accident stopped residents from taking pictures or making any video recordings”, the source said.
Meanwhile despite the severity of the train crash, the Delta State Police Command claimed no report of the incident was filed at the Ovwain police station, which covers the area.
When pressed further by our correspondent, noting that even minor car accidents are typically reported to the nearest police station, let alone a fatal train accident, the Police Public Relations Officer, SP Bright Edafe, maintained his stance, simply stating “no report of such” without providing further clarification or explanation.
News
Court Remands P-Square’s Brother, Ex-Manager Jude Okoye IOver Alleged N1.3B, $1M, £34,000 Fraud
By Kayode Sanni-Arewa
The Economic and Financial Crimes Commission (EFCC) has taken Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, to court over alleged money laundering involving ₦1.38 billion, $1 million, and £34,537.59.
Jude Okoye, along with his company Northside Music Ltd, was arraigned before Justice Alexander Owoeye of the Federal High Court in Lagos on Wednesday, facing a seven-count charge related to financial crimes.
One of the charges states: “That you, Jude Okoye Chigozie and Northside Music Ltd, sometime in 2022 in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful acts, thereby committing an offence contrary to Section 18 (2)(d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Another charge alleges that Jude Okoye and his company used a Bureau de Change operator to convert $1,019,762.87 (One million nineteen thousand, seven hundred and sixty-two dollars, eighty-seven cents) domiciled in Access Bank Plc into naira and remitted the funds into various accounts with the intent to conceal the source of the money, in violation of the Money Laundering Act.
Jude Okoye pleaded “not guilty” to the charges.
Following his plea, EFCC counsel Larry Peters Aso applied for a trial date and requested that the defendant be remanded in a correctional facility pending trial.
However, defence counsel Inibehe Effiong informed the court of a pending bail application and urged the court to keep Okoye in EFCC custody until the application is heard.
The prosecution opposed the request, citing congestion in EFCC facilities and urging the court to remand him to a correctional centre instead.
Justice Owoeye subsequently adjourned the case to February 28 for a bail hearing and fixed April 14 for trial commencement.
The judge also ordered that Jude Okoye be remanded at the Ikoyi correctional facility pending the determination of his bail application.
By Kayode Sanni-Arewa
Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.
Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.
Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.
“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.
On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).
“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.
“Together, we can give Esther a chance to live a healthy life again.
By Kayode Sanni-Arewa
The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.
This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.
The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.
Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government
Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.
The value of any nation’s currency is determined by aggregate supply and demand.
The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.
The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.
Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics
Court Remands P-Square’s Brother, Ex-Manager Jude Okoye IOver Alleged N1.3B, $1M, £34,000 Fraud
Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs
Naira again falls against Dollar – February 26
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