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Shocking! 22 Years After, N’Delta Ex-agitator, Ogunbos, Discovers He Is Not Biological Father Of His “Son”

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Niger Delta ex-agitator, Paul Eris, aka General Ogunbos, has discovered that he is not the biological father of his son, Raymond, after 22 years.

Eris, who disclosed this in a Facebook post on Sunday, May 26, 2024, said Raymond’s biological mother and his ex-girlfriend, Helmina made the confession in the presence of his family elders.

According to him, she confessed that Raymond’s biological father was her father’s next door neighbour in Port Harcourt, who hails from Nembe in Bayelsa State.

Helmina further revealed that she was previously impregnated by Paul Eris but successfully aborted the baby.

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However, when she got pregnant again by her father’s neighbour, she told Paul that the abortion wasn’t successful.

When Paul refused to accept responsibility for the pregnancy, she had the child and abandoned him with the ex-agitator’s relatives at Onyoma community when he was 11 months old.

His Facebook post reads: “Raymond is not my son. I have just handed over a 22 years old son to the mother, who by birth was not my biological child as claimed by his mother,” he wrote.

“Raymond’s mother, Mrs Helmina made this open confession in the presence of my family elders, & her cousin sister, Mrs Mercy Ogounga, she claimed; ‘I was impregnated by my father’s next door neighbour somewhere in Port Harcourt’. The man is from Nembe & not Peremabiri in Southern Ijaw Lga.

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“Though the boy’s mother insisted that I adopt him as my child since she had not mentioned any other name as his father from birth. But I declined the offer & insisted the boy be taken to his real father.

“I took the child when the mother abandoned him to my relatives in small village called Onyoma at the age of 11 months. He had grown to be a man under my watch & went to one of the most expensive schools (Lead British International Schools) in Abuja, from primary to secondary.

“Raymond school fees alone was N970,000.00 as of when he finished from secondary school. But that wasn’t the most painful side of the story, the most painful side of the story was losing someone you once shared as family, not because death took him away, but that you can not retain him because of birthrights that he is no long your child.

“In 2018, I have built a 4 bedroom flat in the village for Helmina’s family as Raymond’s mother. Though I did out of free will & I do not regret my desire & share of goodwill. Though, it is painful.

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“You know what it means to bring up a child like a king, in the kind of comfort every poor or rich father will wish for his kids, only to end up that the child was another person’s own & not yours, this is painful. But just like I cannot share the love of my children with anyone, so equally I will not mix up my bloodline with another person’s blood as mine when God knows he is not, no I can’t.

“Imagine when the elders of the family asked, ‘how old was the pregnancy when you took steps to change the father from your father’s next door neighbour to Paul Eris’? ‘4 months old’ she replied. ‘Are you saying one can just wake up to accept a 4 months old pregnancy without proper investigations to ascertain the true nature of the child’, the elders asked again?

“No sir, I once had an abortion for him, 9 months after, I came back with this very one & tell him it was not properly removed, so the belly floated up’, Helmina answered. So what was his reactions, they asked?

“He argued that the child was not his own right from birth, but I abandoned the child with his far relatives at Onyoma community when the boy was 7 months old & ran to Port Harcourt, that was how he went back to carry the child’, Helmina replied.

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“Well, I have tried to keep the pain since then, knowing life is pain, & pains are signs of courage in every beautiful life you intend to make. Don’t get angry, don’t fight or rush pain, as long as pain van teach you gently as it can do to the other person.

“Just like no one will say to hold a permanent empty heart is easy, I also don’t want to confront it. This pain is my privilege, I don’t want to continue to get a grip on it. The worst is to get killed by silence, some pains hurt but silence kills.

“I have tried to turn cold after asking the mother to return the boy to his biological father, & that will give me an immense pleasure, but people still keep the feelings like he is my son, this is why am turning up.

“Please Raymond is no more my son, accept it & let’s move on. To me, he looks very irritating because I cannot adopt him as his mother wished. We shared all the love for 22 years, we can’t continue boy, bye!!”

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#EdoDecides2024: Fintiri expresses concerns over election conduct

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***Says, he weep for Nigeria’s democracy

By Francesca Hangeior

The Governor of Adamawa State, Ahmadu Fintiri, has raised serious concerns over the conduct of Saturday’s Edo election, describing it as a blatant attack on Nigeria’s democracy.

Fintiri condemned the alleged irregularities, “including vote buying, voter intimidation, and the manipulation of election results,” which he claimed “undermined the integrity of the electoral process” in a post on his X platform on Sunday.

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The governor also accused the ruling All Progressives Congress of violating democratic norms, citing incidents where APC officials, including the party’s national chairman, flew into Edo on election day despite movement restrictions.

On September 22, the Independent National Electoral Commission declared the All Progressives Congress candidate, Senator Monday Okpebholo, victorious in the recently concluded Edo State governorship election.

Okpebholo triumphed over his main challengers, Asue Ighodalo of the Peoples Democratic Party and Olumide Akpata of the Labour Party.

The Returning Officer, Prof. Faruk Kuta, announced Okpebholo as the winner at the collation centre in Benin City, the state capital, on Sunday.

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The APC candidate secured 291,667 votes, defeating Ighodalo, who garnered 247,274 votes. Akpata of the LP finished a distant third with 22,763 votes.

Reacting to the outcome of the election, Finitiri further criticised the INEC for reportedly favouring the APC, warning that the country’s democracy was at risk if such practices continued unchecked.

The statement read, “I weep for Nigeria’s democracy after witnessing the shameful Edo Gubernatorial poll. The @OfficialAPCNg’s desperate attempts to discredit me by falsely claiming I announced results won’t distract from the real issue. I merely shared results from INEC’s Irev portal, as collated by INEC from the various Local Government Areas.

“What’s truly shameful is APC’s national chairman flying into Edo with a private jet on election day, defying movement restrictions, while their Governors used armoured escorts to intimidate voters. This blatant disregard for democratic norms is the real brigandage. Nigerians are outraged, slamming @inecnigeria for compromising and favouring APC.

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“The reported vote-buying, disruption of collation processes, and suspicious results with more votes than accredited voters undermine trust in our democracy.

Democracy indeed is under attack. We must condemn this rape of democracy and demand accountability. The world is watching, and Nigeria deserves better.”

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Access Holdings Reports N2.2trn Revenue in First Half of 2024

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By Gloria Ikibah
 
Access Holdings Plc has announced a revenue of N2.2 trillion in its half-year audited financial results for the period ending June 30, 2024, highlighting the company’s resilience and commitment to sustainable growth. 
 
This performance, showcased across key balance sheet indicators, reflects a solid, diversified financial foundation.
 
The company operates in 22 markets across four continents through its banking franchise, along with non-banking subsidiaries such as Access Pensions, Hydrogen Payments, and Access Insurance Brokers.
 
As of mid-2024, Access Holdings reported total assets of N36.5 trillion and shareholders’ equity of N2.8 trillion, representing year-to-date growth of 37.1% and 29.8%, respectively. Customer deposits grew by 31.3% to N20.1 trillion, while gross loans and advances rose by 37.6% to N12.3 trillion, driven by organic loan growth and foreign currency loans.
 
Access Holdings recorded a significant year-on-year growth in revenue, with gross earnings rising by 133.5% from N940 billion in H1 2023 to N2.2 trillion in H1 2024. This surge was driven by higher interest and non-interest income. Interest income reached N1.47 trillion, a 142% increase, while non-interest income grew by 117% to N723.6 billion.
 
The company’s profit before tax increased by 108.2%, reaching N348.97 billion, while profit after tax grew by 107.7% to N281.3 billion. Earnings per share (EPS) also saw a notable increase of 103%, rising from N3.74 in H1 2023 to N7.58 in H1 2024.
 
Despite inflation and currency devaluation, the cost-to-income ratio remained stable at 60.4%. The company attributed increased operating expenses to IT upgrades, higher AMCON levies, NDIC premiums, inflation adjustments, and higher energy costs.
 
To reward shareholders, Access Holdings declared an interim dividend of 45 kobo per share, a 50% increase from H1 2023.
 
 
Banking Group Performance
 
Access Banking Group saw strong year-on-year growth, with net interest income up by 131% to N536.7 billion. Fees and commissions also grew by 94%, driven by higher transaction volumes on digital platforms. The group’s subsidiaries contributed 55% to the overall Profit Before Tax (PBT), with their PBT growing by 218%.
 
The bank reported successful integration of its operations in Zambia and Tanzania, which expanded its customer base and cross-border banking capabilities. The non-performing loan (NPL) ratio remained low at 2.72%, while the Capital Adequacy Ratio (CAR) stood at a strong 19.8%.
 
 
Non-Banking Subsidiaries
 
Access Pensions saw a 162.1% increase in Assets Under Management (AUM), reaching N2.9 trillion, positioning it among Nigeria’s top two pension administrators. Hydrogen Payments reported an impressive 1,871% growth in revenue, with total payment volumes reaching N13.8 trillion. Access Insurance Brokers also experienced significant growth, with gross premiums up by 83% and commission income rising by 60%.
 
 
Outlook for H2
 
Access Holdings is optimistic about surpassing its first-half growth in the second half of 2024. The company aims to continue scaling its non-banking segments, expand its digital footprint, and strengthen its presence in key markets. The completion of ongoing technology infrastructure upgrades will further enhance operational efficiency and customer experience.
 
Additionally, Access Holdings is awaiting approval from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) for its N351 billion rights issue.
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New US rules to exacerbate trade dispute with China

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By Francesca Hangeior

China has warned the United States not to take “discriminatory actions” against its firms, following reports that Washington is planning to ban the sale of vehicles using Chinese and Russian technology.

Bloomberg and other media reported Sunday, citing sources, that the United States was mulling new rules that would ban hardware and software made in China from its vehicles.

Asked about the reports, foreign ministry spokesman, Lin Jian, said China urged, “the US to respect market principles and provide an open, fair, transparent, and non-discriminatory business environment for Chinese enterprises”.

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“China opposes the US’s broadening of the concept of national security and the discriminatory actions taken against Chinese companies and products,” Lin said.

“China will resolutely safeguard its legitimate rights and interests,” he added.

The rules, if confirmed, would mark the latest escalation of a simmering trade row between the US and China.

In May, Washington unveiled steep tariff hikes on Chinese imports like electric vehicles and semiconductors.

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The tariff hikes hit $18 billion worth of Chinese imports, targeting strategic sectors like EVs, batteries, critical minerals and medical products, the White House said.

The tariff rate on EVs is set to quadruple to 100 per cent this year while the tariff for semiconductors will surge from 25 per cent to 50 per cent by next year.

Those plans were finalised this month, ahead of November’s presidential election, where both Democrats and Republicans are seeking to show a tough stance on China as competition between both countries intensifies.

The tariff hikes on the $18 billion worth of goods were taken after a review of levies imposed under then-president Donald Trump, which impacted some $300 billion in goods from China.

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Apart from tariff increases including those on solar cells, the US Trade Representative’s office confirmed that a 50 percent duty on semiconductors a sharp rise from before would start in 2025.

US President Joe Biden has accused Beijing of “cheating” rather than competing on trade.

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