Nation
Over $600bn Of Nigeria’s Money Stolen Since 1960-Moghalu
Presidential hopeful, Prof. Kingsley Moghalu, yesterday said that over 600 billion dollars of Nigeria’s money had been stolen through corruption since 1960.
Moghalu, a former Deputy Director of the Central Bank of Nigeria, made this known in an interview with The Tide source in Lagos.
He called for a systemic and serious approach in the fight against corruption, to build Nigeria and move it forward.
According to him, corruption remains one of the biggest problems facing us in our country.
He said that Nigeria needed to intensify the fight against corruption because it had remained a major challenge to its development and had worsened.
“We can fight corruption in four very important ways. The first is through value system education and reform.
“We have to teach our kids right and wrong from the elementary school to secondary school. Ethics must become a compulsory subject.
“Secondly, Nigeria’s leaders must lead by example via accountability to the people.
“Thirdly, there must be punishment for corruption. if anyone engages in the act of corruption, such person must be made to pay for it and anyone found guilty of corruption must go to prison. It is not enough to simply sack people because they were corrupt.
“Finally, we have to improve the reward of public officers, their servants and the social safety net.
“Many people steal in public life because they are afraid about their old age and whether they will have anything or a roof over their heads.
“So, these are some of the things we must look at. We have to look at fighting corruption in a systemic way and be serious about it,” he added.
Moghalu reiterated that he was on a mission to build the nation.
Nation
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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