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Monday, 27 March 2017

Bureaux de Change at risk as naira gains more muscle





•CBN Governor Godwin Emefiele


Business seems bad for Bureaux De Change (BDCs) — no thanks to the naira’s new strength that has hit them with heavy losses.

The naira has strengthened below N381 to the dollar, the rate at which BDCs buy International Money Transfer Operators (IMTOS) cash from the Central Bank of Nigeria (CBN).

The naira exchanged at N375 to the dollar in the parallel market at the weekend.

It is tipped to gain more within the week as the CBN sustains dollar interventions in the interbank market.

About $1.5 billion has been injected into the interbank market since February when the interventions started.


Association of Bureaux De Change Operators of Nigeria (ABCON) President Aminu Gwadabe, who hinted of some BDCs likely closure after losing N130 million within the week, said the losses came from the disparity in applicable exchange rates among players in the market. He, therefore, called for rates harmonisation to give all players a level playing field.

According to him, the public has refused to buy foreign exchange from BDCs for invisibles, such as medicals, school fees, and personal and business travel allowances, at a rate above N375 to the dollar.

Commercial banks are selling the dollar for invisibles at N375. The parallel market rate closed at N380 last week. The BDCs, Gwadabe said, were at the receiving end of the market because they bought dollars at N381 and sold at N399, which is far higher than even the parallel market rate.

“All the banks’ selling rates are higher than even the purchasing rates of BDCs, let alone our selling rates. No one is presently buying from the BDCs. I managed to sell only $4,000 last week at N385, how are we going to survive?”, he asked.

“The development has been communicated to the CBN and relevant agencies for intervention and the CBN is giving it its attention. If the scenario is not reversed immediately, the CBN licensed BDCs of over 3,000 with 30,000 workers will be technically edged out of the market,” he said.

Continuing, Gwadabe urged the CBN to provide a level-playing field for all operators, because they are all operating within same market, and selling the same product.

Gwadabe said once the BDCs are no longer in the foreign exchange business, currency speculators will take over the market and that will not be good for the naira.


Stakeholders hope that the sustenance of the CBN’s efforts at the interbank market will further drive down the value of the dollar.

The naira has appreciated by 13 per cent in the parallel market in the last one week. The currency traded at N440 last Monday. It closed at N380 to the dollar at the weekend.

Experts have praised the CBN for its intervention at the foreign exchange market. They urged the apex bank to eliminate the multiple rates in the market.

As the naira continues to appreciate, experts say it is necessary for the CBN to adjust applicable rates in various segments of the market in the overall interest of the economy.

The CBN said yesterday that the dollar would be weakening further this week as it plans yet another round of interventions in the interbank market. It plans to pump in more dollars into the interbank market to meet the demands of wholesale and retail customers as well as strengthen the value of the naira against other international currencies.

The planned move by the CBN, sources say, will further firm up the naira against other currencies as the exchange rates of the greenback and the United Kingdom Pound Sterling continue to move southwards.

The Euro and the Pound exchanged at the parallel market at the weekend at N405 and N475. The figures will further nosedive this week, according to experts.

The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, confirmed the plan to inject more foreign exchange into the market.

Saturday, 25 March 2017

Jonathan assures PDP will bounce back


Image result for goodluck jonathan

Former President Goodluck Jonathan on Saturday said the Peoples Democratic Party (PDP) would resolve the crisis that engulfed it and come out stronger. Jonathan expressed the optimism at his country home in Otuoke, Bayelsa when he received the report of the Gov Seriake Dickson-led PDP reconciliation Committee. 

He said resorting to courts for political disagreements was abnormal. He applauded the committee for getting the two factions of the party to the negotiating table and added that a truce was in sight given the commitments so far given by the party faithful. 

Makarfi, Jonathan and Sheriff He noted that there was an urgent need to return the power to the people arguing that litigation had surrendered the mandate of the people to the judiciary.

 “I have always believed that political differences should be resolved outside the courts, but unfortunately we are already involved with it and gone up to the Supreme Court, but we are hopeful of a political solution.” “Party politics is supposed to be a family affair and ought to be resolved amicably without resorting to the courts,” Jonathan said. 

Also, Bayelsa state Governor Siriake Dickson said he accepted the challenge of rebuilding the PDP to express gratitude to the party that gave Bayelsa the platform to lead Nigeria through Jonathan. He said political option remained the best way of resolving the crisis within the party. He noted that Jonathan laid the foundations for a political solution when he convened a meeting of PDP governors a few weeks ago that approved the peace plan. He said the report, which is a roadmap to achieving peace was open to review and urged stakeholders with ideas to rebuild the party to table such ideas for discussion. 

Speaking earlier, a member of the reconciliation committee Mr Mohammed Gana said Jonathan epitomised peace in the way he conceded defeat at the last general elections, a development that stabilized the country. Gana applauded Jonathan for his efforts at rebuilding the party and urged party loyalists to support the efforts of the reconciliation committee.
Source: vanguardngr

SGF recants, seeks new date to appear before Senate





The Secretary to the Government of the Federation, Mr Babachir Lawal, has made a U-turn on his legal action against the Senate on its probe into the alleged management of funds meant for the rehabilitation of the North-East.

Lawal has urged the Senate to reschedule his appearance before its Ad Hoc Committee on Mounting Humanitarian Crisis in the North-East which is carrying out the investigation.

The SGF, in the letter to the upper chamber on Wednesday, had said he had dragged the Senate to court over the probe.

Lawal, in the letter to the committee, said he would not appear before the probe panel today.
But in another letter dated March 22, 2017, the SGF said he would not be able to appear before the panel “primarily because of a pressing engagement of government which clashed with the date and time of the hearing.”

Sani, after reading the second letter from Lawal, said the panel would fix a new date for the SGF to appear.

Saraki never threatened to shut down Buhari's Govt - Senate spokesman





The Chairman, Senate Committee on Media and Public Affairs, Senator Sabi Abdullahi, has described as “mischievous, fabricated and outright falsehood” a report trending online that while speaking on behalf of the Senate President, Bukola Saraki, he threatened that the Senate would shut down the Federal Government.

In a statement issued on Thursday night, Abdullahi said there was no such comment against the President Muhammadu Buhari-led administration.
He said, “My attention has been drawn to a fabricated report on some online media in which I was said to have spoken on behalf of Senate President, Dr. Abubakar Bukola Saraki, and threatened that Senate would go “to court and stop the entire government from working.”

“There was no time I made the statement attributed to me by these mischievous element. The story is outright falsehood and should, therefore, be disregarded by all members of the public.”

-Punch

Newly built pedestrian bridge at Ojota by Lagos State Government


Night view of the newly built Pedestrian bridge at Ojota by the Lagos State Government which will be commissioned yesterday, Friday, March 24, 2017 by Governor Akinwunmi Ambode.





OBA AKIOLU, SAYS NO ONE SHOULD CONTEST AGAINST AMBODE IN 2019



The Oba of Lagos, Oba Rilwan Akiolu, yesterday said that no politician should contest for 2019 governorship election in Lagos because there is no vacancy for that office.

Speaking at the 21st convocation ceremony of Lagos State University (LASU), Ojo, the monarch said that any politician who refused to obey his directive would waste his or her money.

Akiolu, who said that though it is God that crowns a leader, enjoined all politicians to align with Governor Akinwunmi Ambode and his deputy for 2019 governorship election.

Meanwhile, Ambode in his speech at the ceremony said that his administration was committed to making LASU one of the best in Nigeria. He said that by 2020, he expects the institution to be one of the best five in Nigeria and the preferred choice by 2023.

-Guardian

PETER OBI CONDEMNS USE OF FORCE ON BIAFRAN AGITATORS, DEMANDS RELEASE OF KANU





Peter Obi, a former governor of Anambra state, has advised the federal government to change its “hardline posture and yield to the persistent clamour” for the release of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB).

Speaking with journalists on Thursday, Obi said the federal government ought to engage the Biafra activists in dialogue as that is the only means agitation could be solved.
He condemned the use of force against the Biafra agitators.
Obi said the government should realise and acknowledge that the agitators, like other citizens, have their fundamental rights of freedom of expression.
“I wish to appeal to the federal government to change its hardline posture on this issue and yield to the persistent clamour for the release of Nnamdi Kanu and other Biafra activists so as to douse the tension in the country, especially in the South-East and south-south geo-political zones,” he said.
“The federal government should engage them in dialogue. Every agitation in the world is resolved through dialogue and not by means of force
“To the best of my knowledge, the agitation for Biafra is not violent and does not violate either the Nigerian constitution or international laws. I, therefore, condemn the use of force against the agitators.”
He criticised the government for failing to release the detainees after they had been granted bail.
“The fact that they had been granted bails that were not obeyed makes it even more pertinent to set them free now,” he said.
“We are in a democratic regime and it is important that the rule of law should be obeyed no matter whose case is involved.”

-The Cable 

SANUSI ADVISES BUHARI TO BEWARE OF PRAISE SINGERS



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Emir of Kano Muhammadu Sanusi II yesterday warned President Muhammadu Buhari against praise singers and sycophants.
He said they were the real “enemies” of the government who could “destroy” his efforts.
Urging the President not to resist criticisms, Sanusi said: “I feel sorry for the people in government because they are surrounded by enemies.”
He said the President needed people who will tell him where he goes wrong.
Sanusi said he defied a directive by the Goodluck Jonathan administration to resign as Central Bank of Nigeria (CBN) governor after he blew the whistle that $20 billion oil money was missing.
The Emir, who chaired the 10th Kehinde Sofola (SAN) memorial lecture in Lagos, said he was not surprised when he was suspended by former President Jonathan.
According to him, in blowing the whistle on the missing money, he was not afraid because he knew he was not going to remain CBN governor forever.
The emir said because he knew power was transient, he spoke the truth, no matter the consequences.
He said some were afraid to speak out against evil because they were afraid of losing their jobs.
“All the people they were afraid of years ago, where are they today? For those who are still in power, remember that it is transient,” he said.
He spoke of praise singers in his palace who always tell him he would rule “forever”, but that he would never consult them for advice on serious issues.
The emir said he refused to join those who abuse Jonathan after he had left office, adding that the best time to criticise a leader is when he is in power.
“If you want to be a true Nigerian, tell the present government where they’re going wrong,” he said.
According to Sanusi, those who loot public funds and steal the commonwealth forget that there is a limit to the amount of food they can eat at any given time; that they can only ride in one car at a time, even if they have a fleet of cars, and can only sleep in one bed even if they have so many houses.
Recalling his exit from the CBN, he said: “At the end of the day, this job, Central Bank, I’d leave it someday. I could die, or my tenure expires, or I’d be sacked. I had no control over it. But I have a control over how I live.
“I wasn’t surprised about my suspension; I knew it would happen, because I had been called and asked to resign, and I said ‘no’. I was not going to make it easy for anyone.
“My answer was simple. You asked me to resign for telling you money has been stolen. Ask the minister to resign first.”
The emir said fear holds those in government back from speaking truth to power.
“You forget that the person, either the president or the governor, is also occupying a transient position. All the people that people were afraid of two, three years ago, where are they today?
“Power is transient. The only thing that is permanent is what you do for people when you were alive. If you’re a governor or a president or a minister, it does not matter how much you have; you will be remembered for service, not the amount of money you have that you cannot even announce,” Sanusi said.
The theme of the memorial lecture, delivered by Dr Wale Babalakin (SAN), was: The role of the legal profession in nation building: the Nigerian context.
The Emir said judiciary could play more roles in nation building if there is more emphasis on merit rather than federal character.
“The idea of federal character should never be pursued at the expense of merit. Sometimes it’s an excuse for nepotism. Someone is claiming to represent Kano but is actually representing his family.
“The people that we choose to run our country are never our first team, second team and third team. That needs to change,” Sanusi said.
A justice of the Court of Appeal, Mrs. Abimbola Obaseki-Adejumo, expressed regret that sometimes judges were wrongly blamed for judiciary’s woes.
She said judges work in difficult circumstances, such as writing in long hand and having to adjudicate on too many cases.
According to her, those responsible for enforcing judgments sometimes fail to do so, thereby undermining the judge’s powers.
“What do you want us to do? No one protects us. You spend the whole day writing, and when you get home your fingers are numb,” she said.
According to her, there are fewer than 1,500 judges of the courts of record, which she believes is not enough to deal with the number of cases filed in court daily.
Justice Obaseki-Adejumo said efforts should be made to reduce the number of cases that go to court, adding that some cases ought to be resolved out of court.
She said more courts needed to be built while corrupt judges should be singled out and dealt with rather than tarnishing the image of the Bench.
-The Nation

Dino Melaye's certificate scandal deepens



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The qualification scandal that has enveloped the senator representing Kogi West Senatorial District at the upper chamber of the National Assembly, Dino Melaye, has deepened.
Documents obtained exclusively by Saturday PUNCH through painstaking and thorough investigations showed that the embattled senator has a Bachelor of Arts certificate in Geography from the Ahmadu Bello University, Zaria, Kaduna State.
The senator, apart from bagging a third class, also possesses a diploma certificate from the University of Jos.
However, the senator only has a statement of results from ABU. And not only that, checks at the university revealed that it only offers B.Sc. Geography and not B.A. Geography as reflected on Melaye’s statement of results.
Melaye’s trouble began on Monday, March 20, 2017 when an online news medium, Sahara Reporters, in a tweet alleged that the senator did not graduate from ABU for his first degree, against his claim that he studied Geography in the prestigious institution.
The news medium also alleged that Melaye, who is the Chairman, Senate Committee on Federal Capital Territory, bribed his Head of Department, who assisted him to forge his transcript.
In a series of tweets via its Twitter handle, @SaharaReporters, the online news medium said some lecturers in the Geography Department insisted that Melaye did not graduate from the department and that his name was not on the graduation list because he failed five compulsory courses.
Following the report, which gained traction speedily, Melaye dismissed the allegations, daring the news medium to sue him if it had authentic evidence to back its claims.
He took to his twitter handle and wrote, “Sahara Reporters, please sue me and ABU if it is true that I did not graduate from Zaria. Tell Magu (EFCC Chairman) to arrest and prosecute me.”
Melaye also boasted that he was currently a student in ABU pursuing his seventh degree, adding, “Go round all the UNIS (universities) I attended in digging more.”
A day after the news broke, Melaye, while speaking on the floor of the Senate, also addressed himself as an “authentic graduate” of ABU.
Meanwhile, when The PUNCH contacted ABU to verify the conflicting information, the institution’s Information Officer, Adamu Mohammed, promised that the institution would come out with its position on Wednesday, which it failed to do as of the time of filing this report.
Amid the controversy, documents obtained by Saturday PUNCH revealed that the senator had a statement of results with the logo of ABU.
The statement of results read, “This is to certify that Daniel Jonah Melaye having completed an approved course of study and passed the prescribed examinations as, under the authority of the Senate been awarded the Bachelor of Arts (Geography) with Third Class honours.”
The statement, issued by the Office of the Registrar, Academic Office and dated February 3, 2000, was signed by B.B. Mshelthlila.
There are, however, certain discrepancies that beg for more clarifications. For instance, in the statement of results, his name was given as “Daniel Jonah MELAYE.” However, checks by one of our correspondents on https://abu.edu.ng/ revealed that Geography is in the Faculty of Science and not the Faculty of Arts as reflected in the statement of results.
Also, in the senator’s NYSC discharge certificate, which was issued on July 8, 2001, his name read “Melaye Daniel” and not Daniel Jonah as shown in the statement of results.
Also, in the diploma certificate issued to him by the University of Jos on August 3, 2006, his name read “Daniel Dino Melaye.”
He was issued an Advanced Diploma certificate in Law, Security and Conflict Resolution. He finished with ‘Lower Credit’ on August 3, 2006.
However, in his Senior School Certificate in 1992, his name read ‘Melaiye Daniel Jonah O.’ with Melaye being wrongly spelt.
In the result, he had P8 in English Language, P8 in Mathematics, P8 in Geography, P8 in Chemistry, C5 in Christian Religious Knowledge, P7 in Economics, C6 in Biology and B3 in Agric Science.
When contacted again by one of our correspondents on his mobile telephone on Friday evening, the Information Officer, ABU, Mr. Adamu Mohammed, sounded hostile.
“Please, this is not official time; call me tomorrow, thank you, goodnight,” he said and hung up.
It will be recalled that in furtherance to his defence, Melaye had reportedly claimed that he obtained degrees from the prestigious Harvard University, London School of Economics and Political Science and a post-graduate degree from the University of Jos.
But in a swift response to an enquiry, Harvard University, in a statement from the Registrar’s office, on Thursday noted that Melaye was not a graduate of the institution as he only completed a week-long leadership seminar in November 2016.
The London School of Economics equally responded on Thursday, saying there was no proof on the institution’s database that Melaye obtained any degree from the school.
But on Thursday, he filed a N5bn libel suit against Sahara Reporters at a FCT High Court. Meanwhile, given the Senate’s decision to investigate the allegation and the uproar the report had generated, Melaye had since taken to the social media to exonerate himself of all the allegations.
Moments after he filed the suit, he took to the social media to post pictures of the cover and certification pages of his Master’s project, and a group picture of his days as a corps member, even though he was the only one not in uniform.
He wore a white T-shirt and blue shorts, adding that he served in Kaduna State in 1999. The caption on the picture read, “ABU 99 set at NYSC camp in KD. Me in blue shorts.”
Also, on Friday, Wikipedia, had edited Melaye’s profile to include ‘Certificate Scandal’, which briefly chronicled the issues surrounding the ongoing certificate brouhaha.




Stephanie Otobo’s Mother Breaks Silence, Says ‘I’ve Never Met Apostle Suleman’



Stephanie Otobo aka Kimora

Mother of Canada-based stripper and musician, Stephanie Otobo, on Thursday, March 23, 2017 in Sapele, Delta State, opened a fresh controversy and revealed that she has not seen her daughter in the last three years.

She was reacting to allegations by her daughter that the general overseer of Omega Fire Ministries Worldwide, Apostle Johnson Suleman, promised to marry her but failed even after the introduction. According to her, she has not met the cleric before.

Speaking in an interview with journalists, the woman popularly called Mama Tope, described as untrue claims that she accompanied her daughter to the Headquarters of Omega Fire Ministries in Auchi, Edo State for a purported introduction ceremony.

Stephanie Otobo had earlier alleged that the General Overseer after a proposal of marriage went with her to see her father during which an introduction ceremony took place.

She later changed the story that the introduction took place at the church’s headquarters after her father debunked the earlier claim. Stephanie said her mother and siblings accompanied her for the Auchi ceremony.

But the mother, popularly called Mama Tope in an interview said she had never been to the Omega Fire Ministries, nor met Apostle Suleman.

She warned that those manipulating her daughter against the man of God would be exposed.

She further blamed the devil for seeking to destroy her daughter, while lamenting that all efforts to get Stephanie to lead a normal life had not yielded the desired result.

While expressing willingness to see the revered cleric to apologise if given access to him, Mama Tope appealed to Apostle Suleman to forgive her daughter and bury the hatchet.

Pres. Buhari sacks permanent secretary for defrauding Federal Govt


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President Muhammadu Buhari has sacked a Permanent Secretary, who has been using his office to defraud the Federal Government by awarding contracts worth billions of Naira to himself through the award of phantom contracts.The yet to be identified secretary, who was appointed by Buhari in 2015, was dismissed on Tuesday, on the orders of the President.


He was driven out of the Federal Secretariat in Abuja by two police officers following his dismissal.


A Presidency source confirmed that the President ordered the immediate removal of the top civil servant, who presided over the affairs of one of the strategic ministries handling intervention programmes in the country following evidence that he awarded contracts to companies belonging to him.


It was learned that the illicit activities of permanent secretary were exposed by key officials of the ministry to security agencies for investigations.


One of the security agency officials, who spoke to Vanguard confirmed the Permanent secretary dismissal saying:
“We have been monitoring the man and the various companies being used by him to siphon huge sums of money from the ministry, which handles intervention programmes in the Niger Delta region but he has been very smart and suspicious of our movement, thereby making it impossible for us to arrest him despite the ambush we laid for him and his cronies.

He said:
'But Mr. President did not waste time in asking the Head of Service of the Federation to sack the man with immediate effect as soon as he got to know that the man had used over 500 companies to award fake contracts to himself and move huge sums of money from the ministry in question.”
'In fact, the discovery of the large-scale fraud in the ministry, which has suffered a lot of project failure and the subsequent sacking of the permanent secretary by Mr. President, followed a painstaking investigation by the anti-corruption agencies, which will soon charge the man to court,' the source added.


Judge who blocked Trump's revised travel ban gets death threats




US authorities have revealed that Justice Derrick Watson, the federal judge from Hawaii who blocked president Donald Trump's revised travel ban has received numerous threats against his life. FBI spokeswoman Michele Ernst said Thursday that the agency is aware of reports of threatening messages against Watson, who presides over cases in Hawaii, and is prepared to help if necessary.


The US Marshals Service, responsible for protecting federal judicial officials, flew in about a dozen deputies from the mainland to provide Watson with 24-hour protection.

Barely hours before Trump's travel ban was due to go into effect on March 15, justice Watson blocked the federal government from enforcing its ban on new visas for people from six mostly Muslim countries and its suspension of the nation's refugee program.

The US president was irked calling Watson's ruling an example of "unprecedented judicial overreach" and said his administration would appeal it.

Fortune Magazine names Chimamanda-Adichie in its list of 50 greatest world leaders





Nigerian author Chimamanda Ngozi-Adichie has been named among the top 50 world leaders for 2017 by Fortune Magazine. She was ranked 42 on the list that has Theo Epstein, President of the Chicago Cubs as number one.

The list ranks men and women transforming the world and inspiring others In business, government, philanthropy and the arts, and all over the globe to do the same.
Others who made the list include, Jack Ma, Pope Francis, Shakira, Lebron James and others.


See the full list HERE

Diversion Of $26 Million Forex: House Of Reps Invites Emefiele, Kachikwu



Central Bank Governor of Nigeria, Mr. Godwin Emefiele

The House of Representatives on Thursday, March 23, 2017 invited the governor of Central Bank of Nigeria, CBN, Godwin Emefiele, and the minister of state for petroleum resources, Ibe Kachikwu to appear before it on Monday, April 7.

The House ad hoc Committee on the Review of Petroleum Pump Price, which issued the summons, said the two were to explain issues over alleged diversion of foreign exchange by some oil marketers between 2016 and 2017.

Also invited are Chief of Naval Staff Ibok-Ete Ibas, Chief Executive Officers of Keystone Bank and Zenith Bank, which were involved in the allocation of foreign exchange to oil marketers.

The Chairman of the Committee, Rep. Nnanna Igbokwe, urged the Inspector-General of Police, Mr Ibrahim Idris, to determine the whereabouts of Mr Andrew Alagu, the Managing Director of HAR Petroleum Resources Ltd, by March 27.

“The invitation is to determine the involvement of the company in alleged diversion of 26 million dollars for importation of Premium Motor Spirit (PMS) under the Direct Sale Direct Purchase (DSDP) arrangement of the Nigerian National Petroleum Corporation (NNPC),’’ Igbokwe said.

He said that the committee disregarded a letter from HAR Petroleum Resources Ltd absolving itself from engaging in importing the product and could not have sourced for and accessed foreign exchange from CBN.

According to the Igbokwe, documents provided by Crude Oil Marketing Department of the NNPC confirm the company’s participation in the business.

“We have it on good authority that in 2014, your company applied and got over 11 million dollars, and in 2015, it got another forex of over 14 million dollars from Zenith Bank for the importation of petroleum products into this country.

“And you now deny ever engaging in product importation or any of such transactions with the NNPC retail outfits.

Igbokwe asked the company representative, Mr Jefferson Ogunma, “Where did the 26 million dollars you took in forex from the bank according to CBN records go to?”

Meanwhile, Ogunma said Alagu was away on official assignment outside the country and added that the company only handled logistical activities on behalf of Total Nigeria plc. (NAN)

The King Is Not Angry With You By Joseph Prince







The king’s wrath is like the roaring of a lion, but his favor is like dew on the grass. – Proverbs 19:12

The Bible tells us that the devil walks about like a roaring lion, seeking whom he may devour. (1 Peter 5:8) But have you ever wondered why he acts like a roaring lion?


It has something to do with a lion’s roar. In the Bible, the roaring of a lion speaks of the king’s wrath—“The king’s wrath is like the roaring of a lion”. So when the devil walks about like a roaring lion, he is trying to give you the impression that the King is angry with you. And when you believe that God is angry with you, the devil knows that he has got you.


When you think that God is angry or displeased with you, you will not be confident of His love toward you. Instead, you will expect and fear punishment from Him. And you will want to stay away from Him because you do not wish to incur His wrath any further.


But the truth is that God is not angry with you, even when you fail or blow it, because all your sins have already been judged in the body of His Son at the cross. As the Lamb of God, Jesus became your burnt offering. That is why He said, “I thirst.” (John 19:28)


Those who heard Him say that at Calvary that day thought that His thirst was physical. Actually, His thirst was spiritual because He was being “burnt” by the fire of God’s wrath. He was being judged for our sins. His body exhausted all of God’s wrath until every claim of God’s holiness was satisfied and His wrath appeased!


Now, there is a law called “the law of double jeopardy”, which states that the same crime cannot be tried twice. Today, the fire of God’s wrath will never fall on you as a believer because it has already fallen on His Son at the cross. He judged your sins then, but in the body of His Son.


So right now, you are not under the King’s wrath but His favor. And His favor rains down on you like dew on the grass every morning!


Joseph Prince is senior pastor of New Creation Church. He is a leading voice in proclaiming the gospel of grace around the world through his teaching resources and television ministry. He is known for teaching God’s Word in a fresh, practical and revelatory way that always unveils Jesus. His daily television program, Destined To Reign currently reaches millions of homes across North America, Europe, Africa, Australia and Israel on both secular and Christian networks. Subscribe to Pastor Prince’s Daily Grace Inspiration HERE

The Secret Service can no longer afford the Trump family lifestyle






President Donald Trump’s frequent travel, large family and unusual living situation is apparently weighing heavily on the Secret Service’s budget.


According to a Washington Post report, the agency recently requested an additional $60 million in spending for fiscal year 2018. Nearly $27 million of that was to be earmarked for security at the president’s private residence at Trump Tower in New York, where first lady Melania Trump lives with their 11-year-old son.

The Secret Service also said it needed another $33 million to cover travel costs incurred by “the president, vice president and other visiting heads of state.”


The Office of Management and Budget rejected the request which could potentially force the Secret Service to scale back on other operations, like investigations into cyber hacking, counterfeit currency, financial crimes or missing and exploited minors.



Providing Secret Service details for the first lady and the rest of Trump’s family, including his four adult sons and daughters, has also led to mounting costs. Although this level of protection is standard for the first family, the specific needs of Trump’s older children have attracted scrutiny.

At a press conference this week, White House press secretary Sean Spicer said there was no hypocrisy here. “Presidents always travel,” said Spicer. “The president, wherever he goes, he carries the apparatus of the White House with us. That is just something that happens.”


Hilary Clinton celebrates Donald Trump shameful defeat to repeal Obamacare




Former Secretary of State and Democratic Presidential candidate who lost to Republican Donald Trump during last year's presidential election, Hillary Clinton said on Friday that the failure of the Republican plan to repeal Obamacare was 'a victory for all Americans.' She took to her twitter page to express her happiness. She tweeted:

'Today was a victory for the 24,000,000 people at risk of losing their health insurance, for seniors, for families battling the quiet epidemic of addiction, for new moms and women everywhere.' 'Most of all, it's a victory for anyone who believes affordable health care is a human right.' 'We cannot forget: This victory happened because people in every corner of our country committed their time and energy to calling their representatives, showing up at town hall meetings, and making their voices heard.'She then posted a number of stories of people who have benefited from Obamacare, also known as the Affordable Care Act. Then added:

'But this fight isn't over yet and we can't forget who it's about,' Clinton tweeted.

Photos from the wedding of UN Deputy Sec.Gen, Amina Mhammed's daughter




The wedding ceremony of Nadine, a filmmaker and daughter of UN Secretary General and former Minister of Environment, Mrs Amina Mohammed began Thursday in Abuja. Here are first photos from the event...






Mo Abudu on CNN African voices, Talks breaking records & the need to tell African stories





Mo Abudu is the featured guest on this week’s episode of CNN African Voices. The 30-minute magazine programme premiered on CNN this morning at 10.30 a.m (CAT), with repeat editions scheduled for today, Saturday 25th March at 2.30 p.m CAT. CNN refers to Abudu as a successful woman driven by “perseverance, passion, and positivity” adding that the EbonyLife TV Chairwoman takes viewers “behind the scenes of her empire to see how she creates content that has audiences in Africa and abroad clamouring for more”.



On describing the feature, Ms Abudu said “This is a big moment for the entire EbonyLife TV team and our stakeholders. So many people have been an integral part of our story – MultiChoice Africa, our sponsors and advertisers, and of course, our loyal audience of millennials. A big thank you to CNN for giving us the opportunity to share our story with the world...”

Lagos: Police Save Woman Who Tried Jumping Off 3rd Mainland Bridge (PHOTO)



3rd Mainland Bridge, Lagos, the end leading into Lagos Island

Another tragedy was averted in Lagos on Friday, March 24, 2017 as police rescued a woman who attempted to take her own life by taking a dive into the Lagos lagoon from the 3rd Mainland Bridge.

The woman, identified as Taiwo Titilayo Momoh, tried jumping into the lagoon from the bridge.

Lagos State commissioner of police, Fatai Owoseni, stated that Momoh was going towards Oworonshoki when she asked the driver of the taxi to stop on the bridge.

The woman was about to jump into the lagoon when a police patrol team saw her and rushed to stop her from taking her life.The woman, identified as Taiwo Titilayo Momoh, tried jumping into the lagoon from the 3rd Mainland Bridge, Lagos | Daily Sun

“She attempted suicide by attempting to jump into the Lagoon around Oworonshoki inward Mainland on Third Mainland Bridge. Unfortunately for her, she was rescued,” the police commissioner told members of the press.

“The police patrol team sighted her and rushed to rescue her before she jumped into the lagoon.”

The commissioner revealed that she was depressed as a result of the debt she has incurred from unpaid loans.

From his interaction with her, he said she insisted on taking her life again.

Owoseni stated that it was wrong for her to try to take her own life. It is also an offence under the law according to him. He said the police would try to talk the woman out of it.

The commissioner of police also said the subject would be made to go through post-trauma programme in order to drive the thought of committing suicide far from her mind. He also revealed that the police would do a medical evaluation on her in order to know the real state of her mind.

Owoseni further said it has become an offence for people to walk on bridges in Lagos State. He also said no vehicle would be allowed to stop on the bridges again in order to prevent such incidents. “Right now, the woman is still in trauma and she still insists that she wants to end her life,” he said.

Attempts by journalists to take the woman’s picture were rebuffed by the woman who told them that she was not a criminal.

Prophet TB Joshua Predicted Westminster Terrorist Attack In London [Watch]



Prophet TB Joshua | Emmanuel TV
In two separate YouTube videos, Nigerian Prophet T.B. Joshua claims to have foretold the terror attack which struck in the heart of London, England on Wednesday 22nd March 2017.

A video which was posted on Joshua’s official YouTube channel in June 2016 reveals a prophecy the famed cleric gave on Sunday 22nd May 2016.

“Pray for the United Kingdom – I am seeing some funny people in their country,” Joshua, who is reputed for regularly releasing prophecies about both local and international events, began.



“I am seeing with prayer and their proper security, it will be aborted – but there will be a sign and a trace that this happened,” he further declared.

“It will not happen the way it was supposed to have happened – but they will know something happened there.”

Following the horrific attack which left five dead and over forty injured, another video surfaced on Emmanuel TV’s YouTube channel, revealing the pastor’s continued prophetic pronouncement about the United Kingdom on Sunday 19th June 2016.

Referring to the murder of British MP Jo Cox on 16th June 2016, Joshua warned that it was ‘not yet over’.Conservative MP Tobias Ellwood (centre) helps emergency services attend to an injured person outside the Houses of Parliament, on March 22, 2017. | AP

“They should pray and make sure they secure their lawmakers and their institution,” Joshua said, clarifying that the institution he referred to were the politicians who supported British leader, Theresa May.

“They should give proper security to their institution in the United Kingdom,” the cleric concluded before asking congregants to join him in prayer.

Police have now identified the attacker as 52-year-old British-born Khalid Masood just as ISIS have claimed responsibility for the attack in a statement to Amaq News Agency.

Masood drove a car into pedestrians on Westminster Bridge, killing four before fatally stabbing an unarmed police officer and entering the Palace grounds, where he was shot dead by other officers.

The brutal attack occurred on the first anniversary of the 2016 Brussels bombings, an event which Joshua similarly claimed to have predicted.

Ihechukwu Njoku is a freelance journalist who writes about the Synagogue Church of All Nations, SCOAN.

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