Kingsparo Exchange

Headlines: Nnamdi Kanu Hires N300m US Lobbying Firm + Suarez Speaks Over His Barca Exit

Do you literally have relationship, marriage problem & need to return your lost love back, Bring peace, love and happiness in your marriage, Marriage spells, Love spells. Tap Here Now for a solution


Nnamdi Kanu Hires N300m US Lobbying Firm

Photo credit: daily post Nigeria

The Indigenous People of Biafra (IPOB) has confirmed that its leader, Nnamdi Kanu has engaged a new lobbying firm in the United States. IPOB’s National Publicity Secretary, Emma Powerful disclosed that Kanu hired the US lobbyist with over N300m.

Powerful explained that the move is aimed at actualizing the Sovereign State of Biafra. In a terse statement he issued on Tuesday, Powerful wrote

“Yes, it’s true we hired another lobbying group in USA to facilitate the coming and recognition of Biafra independence, we engaged them with the wholesome amount of 300m naira about 750 dollars to lobby for Biafra freedom in America and the whole world.”

Reports had said the IPOB leader engaged the new American lobbying firm to help win the support of the US government. The one-year deal is slated to run for 12 months at the cost of $750,000, which is over N300 million.

Kanu was said to have signed the contract with the BW Global Group BWGG LLC, in February. The firm, co-owned by Jeffrey Birrel and Alan White, is registered in Washington D.C, the U.S. capital. The agreement, which took effect from March 1, 2021, came months after an earlier one struck by Kanu with another U.S.-based lobbying entity, Mercury Public Affairs LLC, expired.

Under the old contract, IPOB, through Mr Kanu, paid $85,000 per month beginning September 23, 2019, in addition to a $5,000 one-time compliance fee.

Suarez Speaks over his Barca Exit

Photo credit: Daily post Nigeria

Atletico Madrid striker, Luis Suárez, has claimed Barcelona asked him to beg Argentine talisman, Lionel Messi, when he wanted to leave last summer. However, Suarez is furious that former Barcelona president, Josep Bartomeu, did not have the boldness to speak to him when the club wanted him to leave.

He also accused manager Ronald Koeman of having “no personality”. Suarez left the Nou Camp last year to sign for Atletico, where he won the league title for the 2020/2021 season.

The 34-year-old told El Partidazo de COPE: “I’m never going to go against Barcelona, they have given me everything and allowed me to get to the elite, but obviously the president [Josep Maria Bartomeu] said everything in the press instead of calling me.

“The moment they wanted Leo [Messi] to stay they called me to use me to convince him, to talk to [Antoine] Griezmann…So why didn’t they call me when they wanted me to leave?

Cross River community where trade by batter still booms

Photo credit: Leadership news

Trade by barter, an ancient market system where commodities are usually exchanged for other commodities between individuals instead of the use of money is still being practiced in parts of Cross River State, LEADERSHIP reports.

In Esuk Mba community in Akapabuyo LGA of Cross River State, trade by barter is still being practiced. In this market individuals exchange their commodities directly for other commodities that they need.

The market which begins from 6 am to 1pm every Saturday plays a great role in the lives of the community’s daughters, especially those who are married in nearby communities, and who still see it as a duty to visit to sell their merchandise in Esuk Mba community market, given the fact that it is the only market that does trade by barter in the entire LGA.

Reps Queries NHISng over N152m spent on COVID- 19

Photo credit: Sahara Reporters

The House of Representatives’ Committee on Finance has queried the Executive Secretary of the National Health Insurance Scheme, Mohammed Sambo, over how the scheme had been spending its resources, particularly during the 2020 COVID-19 lockdown.

Members of the committee scrutinised the books of the NHIS at an investigative hearing on revenue generation and remittance by ministries, departments and agencies of the Federal Government on Monday.

File Photo The lawmakers, who expressed anger, took turns to query several items on the list of expenses provided by the scheme in its written submission to the committee, The Punch reports.

Deputy Chairman, Saidu Abdullahi, and members of the House Committee on Finance criticised the N152,487,900 said to have been spent on procurement of hand sanitisers, face masks and gloves during the COVID-19 pandemic lockdown in 2020.

The NHIS, in the projects and contracts executed in 2020, said N37,186,825 was spent on the purchase of 500 packs of N95 face masks and 500 packs of disposable face masks, while the supply of 5,000 pieces of disposable face masks cost N2,423,750 and 500 bottles of hand sanitisers (500ml) gulped N2,423,750.

CBN devalues Naira, Adopts Nafex rate

Photo credit: Premium Times

The Central Bank of Nigeria has adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per cent.

The bank posted the I&E rate on Monday on its website two weeks after it deleted the previous official fixed rate of 379 naira. The currency exchanged 410.25 for a dollar on the relatively flexible Nafex or Investors and Exporters window.

This is coming almost two weeks after the CBN erased from its website, the exchange rate that for about a year was seen as the government’s official rate.

In March, the CBN had denied devaluing the naira after the Minister of Finance, Zainab Ahmed, said the government had adopted the Nafex rate used by investors and exporters. At the time, CBN governor Godwin Emefiele reiterated that the apex bank still maintained the “official rate” of N379, while the Nafex rate of N410 was adopted for certain government businesses.

Students Protest Over kidnapping of colleges

Photo credit: Channels Television

Students of Federal University of Agriculture Abeokuta (FUNAAB) on Monday stormed the streets of Abeokuta, Ogun State, to demand the rescue of their colleague kidnapped by gunmen.

Nathaniel Olayinka, a 400-level student of the Department of Aquaculture and Fisheries Management of the institution was reported kidnapped in a private farm in Abule Itoko, Odeda Local Government Area around 8:00 a.m on Saturday.

Demanding his rescue, the protesting students occupied the streets of Abeokuta displaying placards with various inscriptions.

They also issued a 72-hour ultimatum for the Federal and State government to ensure Olayinka’s release from captors.

“Our student, Nathaniel must be released unharmed between now and Wednesday 26th. Our second demand is that the state and Federal Government provide adequate facilities and equip the security sector.