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Senate Threatens To Shutdown Bet9ja ‘For Non-Remittance Of Dues’ To Nigerian Government

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The Senate Committee on Youth and Sports on Tuesday threatened to order the shutdown of Bet9ja office if the company failed to honour its invitation for a second time.

Speaking on the floor of the house during the verification of loto companies with license to operate in Nigeria, Sen. Obinna Ogba (PDP, Ebonyi), Chairman of the Committee, said it was unfortunate that Bet9ja refused to honour the committee’s invitation.

He instructed the clerk of the house to  write the popular betting site again, threatening that failure to honour the House’s invitation for the third time will earn the betting site permanent closure.

“Clerk, write to Bet9ja again. If they did not honour our invitation, we will ask the National Lottery Commission to seal their offices,” he said.

According to him, the Senate is making efforts aimed at assisting the Lottery Commission to generate money for the Federal Government.

”We want to see bet9ja. They can’t run away,” he said.

The chairman explained that the verification followed series of complaints against the betting companies, adding that ”some don’t even have offices while others have not been making remittances to the government.”

”Some got the licences but they are not operating. The new regulation only give them one year to start operations,” he noted.

Meanwhile, about 20 other betting companies appeared before the committee for the verification exercise.

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‘Loom Money Nigeria’ Is A Scam SEC Warn Nigerians

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The Securities and Exchange Commission has issued a warning to Nigerians investing their money in an online investment scheme tagged “Loom Money Nigeria.’’

Mary Uduk, Acting Director-General of the commission, gave the warning at a news conference on Thursday in Abuja.

Uduk said: “We are aware of the activities of an online investment scheme tagged ‘Loom Money Nigeria’.

“The platform has embarked on an aggressive online media campaign on Facebook and WhatsApp.

“They lure the investing public to participate by joining various Loom WhatsApp groups to invest as low as N1,000 and N13,000 and get as much as eight times the value of the investment in 48 hours.

“Unlike MMM that had a website and the promoter known, the people promoting Loom are not yet known and this pyramid scheme operates through closed groups mainly on Facebook and WhatsApp.

“If it were a local Ponzi scheme with known offices, it would be very easy for the Commission to seal their offices and freeze their accounts.

“We therefore wish to notify the investing public that the operation of this investment scheme has no tangible business model hence it’s a Ponzi scheme, where returns are paid from other people’s invested sum

“Also, its operation is not registered by the Commission”.

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‘Stop Eating Foreign Rice’, Customs Boss Hameed Ali Beg Nigerians

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Hameed Ali (rtd), the Comptroller-General, Nigeria Customs Service, has appealed to Nigerians to stop consuming foreign rice riddled with chemicals.

Ali spoke at a news conference organized by the ministry of finance on Thursday. 

He said: “A chemical must have been added to sustain its freshness and that chemical is harmful.

“Also, it has been re-bagged with a new date given as the production and expiry dates, and that is what we consume here which causes diseases.

“So, I appeal to Nigerians to please patronize our own rice, it is available, more nutritious and if you do that you will assist customs by making sure these people (smugglers) are put out of business.

“We always ask for assistance from Nigerians to apprehend these smugglers, but up till now, there is no private citizen that has walked up to us to give us information, the only people giving us information are the rice millers.”

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Nigerian Girl, Tobechukwu Philips, Breaks 125 Year Academic History In The US

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Tobechukwu Phillips a Nigerian born teenager has broken the 125 academic history of her high school in Texas, US.

Phillips, who earned A’s all through her stay at Alvin High School boasted a 6.9 GPA is now the first Black valedictorian of her school. 

Alvin High School was originally established in 1894. African-American students were allowed to join the school in 1965.

Speaking on her success Phillips said: “Maintaining the highest GPA in my class is a difficult task. It truly takes time management but more importantly acknowledging what you do it for. I know that I am no longer just representing myself.

“My biggest advice to other scholars of colour is to truly adopt the mindset of Rosa Parks — ‘No.’ Do not conform to the stereotypes that have held us under thumbs for so long.

“Do not be discouraged when someone speaks out against you, simply allow what they say to fuel your fire. But more than anything, do not remain tight-lipped. Stand up for what you believe in and take it upon yourself to be the change you’ve always wanted. Say ‘No’ to the ways of the world and stick out.”

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