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Driver docked for alleged manslaughter

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A 46-year-old driver, Stanley Emedoh, on Tuesday appeared in a Badagry Magistrates’ Court in Lagos for alleged reckless driving that led to the death of a 30-year-old man, Friday Ogbatue.

The police charged Emedoh, whose address is unknown, with two-count charge of reckless driving and manslaughter.

The Prosecution Counsel, Asp Akpan Nko, told the court that the defendant allegedly committed the offences on April 8, at about 4.25 p.m. at Exit gate, Trade Fair Complex, Lagos.

He said the defendant, being the driver in charge of Ford Busy with Registration number LND 713 XX, drove in a reckless manner which caused the death of one Friday Ogbatue.

“The defendant drove on highway without reasonable consideration for other road users.

“The offences contravene the provisions of Section 18 and 20 of Road Traffic Law Acts of Lagos State, 2012,” he said.

The defendant, however, pleaded not guilty to the charge.

The Chief Magistrate, Fadahunsi Adefioye, admitted the defendant to bail in the sum of N200, 000 with two sureties in like sum.

Abdullahi adjourned the case until May 31, for hearing.

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Inside multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]

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The Economic and Financial Crimes Commission (EFCC) says it has traced not less than 17 properties to Ahmed Idris, the suspended Accountant-General of the Federation, being detained over alleged N80 billion fraud.

Structure linked to Idris

The minister of finance and national planning, Zainab Ahmed, had on Wednesday, suspended Idris after following his arrest by the EFCC.

An official of the EFCC, who wished to remain anonymous, said the properties traced to Idris are located in Kano, Lagos, Abuja, Dubai and London.

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
One of the structures linked to Idris

He, however, said preliminary investigations showed that the nation’s chief accountant allegedly used proxies to buy some of these properties. The commission would therefore need to invite some of the proxies of the accountant-general.

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
Another building linked to Idris

The detective added that from all indications, these properties were purchased while Idris was in office and did not declare them before the Code of Conduct Bureau as stipulated by law.

“About 17 houses in London, Lagos, Kano, Abuja and Dubai have been traced to him. In Abuja, some of the houses are located in serviced estates,” he said.

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]

The EFCC had in a statement on Monday announced the arrest of the accountant-general for fraud to the tune of N80bn.

The statement read in part, “The commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates. The funds were laundered through real estate investments in Kano and Abuja.”

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
Another house allegedly owned by Idris

It was learnt that Idris came under scrutiny last year following allegations that he offered huge sums of money to a family in order to secure the marriage of their 16-year-old daughter.

This newspaper learnt that Mr Idris was still in EFCC custody as of the time of filing this report on Wednesday.

This newspaper also reliably gathered from sources with direct knowledge of the case that some assets believed to be proceeds of Mr Idris’ alleged unlawful activities have been traced.

The sources, who asked not to be named because they had no permission to speak about the case in the press, provided photographs of a sprawling edifice located in Kano allegedly linked to Mr Idris.

Our reporter gathered that the agency has obtained a court order for the arrest of more suspects linked to the alleged crime.

Operatives refused to reveal the identities of the suspects in order not to jeopardise investigations.

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
Structure linked to Idris

An EFCC official said the legal department was already getting an order to remand the accountant-general and get an interim forfeiture on some of his properties pending the completion of investigations.

Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
Another building linked to Idris

–  PHOTOS By Premium Times

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Black Market Dollar To Naira Exchange Rate Today 19 May 2022

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Black market dollar to naira exchange rate today 19 May 2022 can be accessed below.

IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦597 and the price can change (high or low) within hours.

How much is dollar to naira today in black market?: Black market dollar to naira exchange rate,

Naijaonpoint reports that the Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).

LAGOS PARALLEL MARKET RATES May 19, 2022 (BLACK MARKET): dollar to naira exchange rate today black market (Aboki dollar rate)

Dollar to naira exchange rate for Thursday, May 19 goes for [N593 to buy and N597 to sell].

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Buying Rate593
Selling Rate597

Lagos parallel market (black market dollar exchange rate today: $1 dollar to naira today black market)- Aboki dollar rate

The local currency opened at N597.00 per $1 at the parallel market otherwise known as the black market, today, Thursday, 19 May 2022, in Lagos Nigeria, after it closed at N595.00 per $1 on Wednesday, 18 May 2022.

Even though the dollar to naira opened in the parallel market at ₦597 per $1 today, Naijaonpoint reports that the Central Bank of Nigeria (CBN) does not recognize the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

Naijaonpoint Nigeria reports that on the black market, the players buy a dollar for N593 and sell for N597 on Thursday, May 19, 2022, after they bought N593 and sold for N597 on Wednesday, 18 May 2022.

Meanwhile, Naijaonpoint Nigeria reports that the USD started this week at ₦595 in Parallel Market also known as Black Market on Monday, May 16, 2022, in Lagos Nigeria, after it opened at 588 last week Monday, May 9, 2022.

Disclaimer: NAIJAONPOINT does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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