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Bullion Van Filled with Cash Goes Up in Flames in Lagos

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A bullion van loaded with an unspecified amount went up in flames on Tuesday under the Ojota bridge, Lagos.

The exact cause of the fire which occurred at about 2.30pm could not be immediately ascertained.

The van which did not have a fire extinguisher was driving towards toll gate, apparently to disburse the money in some banks when the unexpected happened.

Mr. Tiamiyu Adesina, Managing Director, Lagos State Emergency Management Emergency, LASEMA, who confirmed the incident, said officials of Lagos State Fire Service arrived the scene to put out the fire.

However, an eye witness, Mrs Moji Maitani, told newsmen: “I was driving home when all of a sudden the vehicle directly in front of me veered to another lane. I quickly applied the break to avoid what the motorist attempted to dodge, only to discover that a vehicle was on fire.

“On further observation, it was discovered to be a bullion van. Its occupants rushed out and were flagging other motorists to demand for fire extinguisher. But I could not stop, in order not to be trapped in any disaster.”

Another eye witness, who asked not be named, said that the money stalked inside the van was completely burnt as the escorts could not go near the van, owing to the flames.


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FG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy

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Federal government has directed all Ministries, Departments, and Agencies (MDAs) operating in states to close their accounts with commercial banks and fully comply with the Treasury Single Account (TSA) policy.

FG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy

Dr. Oluwatoyin Madein, accountant-general of the Federation,

The directive was issued by Dr. Oluwatoyin Madein, accountant-general of the Federation, during a working visit to the Federal Pay Office in Benin, Edo State.

This was disclosed in a statement released on Thursday by Bawa Mokwa, director of Press and Public Relations at the Office of the Accountant-General of the Federation.

Reaffirming the government’s commitment to the TSA policy, Madein warned that no MDA should operate accounts with commercial banks unless expressly approved by the President and officially communicated by her office.

The statement reads:

“While reiterating the Federal Government’s commitment to the Treasury Single Account policy, the Accountant-General of the Federation urged the Federal Pay Officers to monitor and ensure that Ministries, Departments, and Agencies in the States do not operate any account with the commercial banks or circumvent any provision of the TSA policy.”

She further stressed that any exceptions must follow strict guidelines, requiring presidential approval and formal communication from the Office of the Accountant-General.

Madein also tasked Federal Pay Officers (FPOs) with ensuring compliance, upholding transparency, and maintaining professionalism in their financial operations.

She warned against actions that could undermine the integrity of the Federal Treasury and emphasized the need for accurate financial record-keeping.

As part of ongoing reforms, she revealed that the Federal Government is constructing new Federal Pay Offices in some states to address infrastructure and operational challenges.

She assured that her office remains committed to the welfare of its personnel while enforcing compliance with financial regulations, including the Public Procurement Act and the Constitution.

Her visit to the Benin Federal Pay Office was part of a nationwide tour to assess the operations and challenges of Federal Pay Offices across the country.


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NBRDA Investigates Biocatalysts for Bioethanol Production

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National Biotechnology Research and Development Agency (NBRDA) is investigating the development of biocatalysts from underutilised bioresources through its Young Researchers Forum (YRF) research group for bioethanol production.

NBRDA Investigates Biocatalysts for Bioethanol Production

Prof. Abdullahi Mustapha, director general, NBRDA sated this in an interview conducted in Abuja on Wednesday

Biocatalysts, which can be either bacteria or enzymes, are biological entities that accelerate chemical reactions.

An alcohol-based fuel derived from renewable resources such as plants and algae is called bioethanol. It can be blended with petrol or used in place of it to cut down on petroleum use.

He asserted that bioethanol is crucial and that Nigeria has the means to fully investigate its possibilities, noting that the production of bioethanol will be helpful in setting up bioethanol plants.

“However, the catalyst for the fermentation of sugar to produce ethanol is what we are after, and we have it locally.

“When we isolate the biocatalyst, it is going to be useful in helping to establish a bioethanol factory, which will function very well due to our varying weather conditions,’’ he said.

Bioethanol has similar uses to fuels used to generate other classes of energy like heat, motor power, transportation, and electricity, the NBRDA chief added.

According to him, bioethanol is the most widely used biofuel in modern civilisation, and the process of turning biomass into bioethanol is receiving a lot of attention.

“Biological energies are renewable fuels with minimal pollution and play an important role in reducing greenhouse gas pollution, and one of them is bioethanol, which is obtained from fermentation operations.

“The world’s attention to the use of bioethanol as an energy source is focused on reducing the cost of production and increasing the efficiency of the ethanol industry.

“By consuming ethanol fuel instead of fossil fuels, the amount of greenhouse gas emissions known to be the cause of global warming will be somehow reduced,’’ Mustapha said.

According to the D-G, the creation of the Young Researchers Forum (YRF) demonstrates the agency’s efforts to support nation-building.

He added that young biotech innovators chosen from across the agency’s departments will use the conference as a training ground and launching pad.

The YRF, according to Mustapha, was a manifestation of his wish to establish an institutional framework for mentoring that would close generational divides.

He stated that one of the projects the YRF would concentrate on was the development of biocatalysts for the manufacture of bioethanol.


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NDLEA Says 14m Nigerians Affected by Consumption of Harmful Drugs

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National Drug Law Enforcement Agency (NDLEA), said no fewer than 14 million Nigerians are estimated to be involved in and addicted to the consumption of harmful drugs.

NDLEA Says 14m Nigerians Affected by Consumption of Harmful Drugs

Mrs Yetunde Joyifous, deputy commander, Ondo State Command of NDLEA, made the disclosure at a drug abuse awareness programme organised by Oijefon Youth for secondary schools in Ile Oluji/Oke-Igbo Local Government Area of the state on Wednesday.

Joyifous said that the drugs consumed were mostly chemical substances capable of negatively altering the minds of users.

According to her, the only way to curb the menace is to engage all stakeholders in the community and encourage them to partner with the authorities in the fight against the dangerous trade.

“I want to thank the Oijefon Youth Council for partnering with the NDLEA in the fight against drug abuse in society,” she noted.

She described younger people, especially those at the secondary school level, as the most vulnerable victims of drug abuse, adding that efforts must be intensified to rescue them from involvement.

In his welcome address, Adedokun Adeyonu, president, Oijefon Youth Council, said the council organised the sensitisation programme to discourage youths from drug abuse.

“Drug abuse means using harmful substances like alcohol, tobacco, or illegal drugs in a way that harms the body and mind,” he noted.

He explained that many people use drugs out of curiosity, peer pressure, or in an attempt to overcome problems in their lives, believing it to be the only solution.

Adeyonu also identified peer influence, as well as exposure to certain films and music, as factors that push youths into drug abuse.

He urged members of society to help create a prosperous future for the younger generation.

 

 

 

 

 

 

 


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