NewStats: 3,264,441 , 8,183,722 topics. Date: Wednesday, 11 June 2025 at 06:14 AM 1h3p9

Sorry it’s been long I updated the thread. Last week Saturday, I received the sweet potato stems and started planting on Sunday. We are still on the job right now and I can say it’s been quite tedious and I never envisaged how stressful this could have been. But we are making gradual progress so far.

The Senate, on Wednesday, ed a bill to amend the Money Laundering Act 2011, which makes it mandatory for Deposit Money Banks and other financial institutions to report to the Special Control Unit Against Money Laundering under the Economic and Financial Crimes Commission, any single transaction or lodgements in excess of N5m for an individual, and N10m in the case of a corporate body.

The age of the Money Laundering (Prevention and Prohibition) Act (Amendment) Bill 2022 followed the consideration and adoption of the report by the Senate Committee on Anti-Corruption and Financial Crimes on the bill.

Section 11(3) of the new Act prescribes that “Any financial institution or designated non-financial business and profession that contravenes the provisions of this section commits an offence and is liable on conviction to a fine of not less than N250,000 and not more than N1m for each day the contravention continues.”

Section 12 also prohibits the opening of numbered or anonymous s in fictitious names and shell banks.

It provides that any person or financial institution that contravenes the provisions of Section 12(1), (2) and (3) commits an offence and is liable to imprisonment of not less than two years and not more than five years in the case of an individual; and a fine of not less than N10m but not more than N50m for a financial institution, in addition to the prosecution of the principal officers of the body, and winding up and prohibition of its constitution or incorporation.

Chairman of the Committee, Senator Suleiman Abdu Kwari, in his presentation, said the bill seeks to repeal the institutional and legal framework on money laundering prohibition in Nigeria.

Kwari said it would “provide for an effective and comprehensive legal framework to reinvigorate the fight against money laundering in the country by leaning more on prevention as a useful tool to strengthen the existing legal regime in combating money laundering and other related crimes in the country.”

According to the chairman, the re-enactment bill provides appropriate penalties and expands the scope of supervisory bodies to effectively address the challenges faced in the implementation of anti-money laundering laws in Nigeria.

The bill was ed by the upper chamber after consideration by the Committee of the Whole.



Copyright PUNCH.

https://punchng.com/senate-amends-money-laundering-act-banks-to-report-deposits-to-efcc/

dazmillion:
How big is the fenced plot in the pictures? did you buy the land? how profitable is exotic vegetables (lettuce/carrot/cabbage...)

The land has 4 and half plots in total. I borrowed the land to use from a family member due to the fact that it’s fenced and has appropriate security. I don’t really know much about the the highlighted vegetables you asked, but I’m sure the internet has loads of materials you can consult to make your findings.

IamAsiri:


Did you grow the seedlings inside sacks?

I got the seedlings from a farmer friend, who has already grown them from pods

GoodnessMILAYO:
Good I hope you update regularly

So help me God I would

Planting few of the ugu seedlings while waiting for the potato vine cuttings to arrive

There were so many stumps on the ground, so we had to burn the ones that are hard to clear. It’s been few weeks of intensive work and planning

Clearing of the field in progress

Good day nairalanders. Today I want to start posting progress on my new farm project. This isn't my first farm project, however I've been dealt with several blows in my farming expedition. I started out with Pineapple farming, which is still going good by the way. this should be the 15th month since I planted the pineapples. I also tried my hands on Plantain/Cassava farming, however Fulani herdsmen have been a constant headache for me on that farm during the dry season, as they burnt and ravaged that farm this January "Pictures would be posted to show the damage".

But due to the burning ion and desire I have for farming, I've decided to go ahead with another project, but this time, it would be vegetable based farming.

I intend engaging in potato vine multiplication and ugu farming. The vine multiplication would enable me have enough vines to sell to farmers for the incoming rainy season, and also give me the opportunity to plant my own sweet potatoes, without worrying about where to source for vines. Here are picture of work done so far. Wish me luck in this journey my fellow nairalanders, I would make sure to post picture of progress as we kick start the project this weekend. Thanks for viewing

Moferere:
Last week I bought diesel for ₦460 /litre, on Sunday, I bought it for ₦500/litre.. Only to get there yesterday and they told me it's ₦627/litre.

Mind you, 100 litres will only last for 8 hours.
That's how they are killing me softly in Nigeria

Had to temporarily shut down my business due to this whole diesel matter..

WhatsApp, Binance, Paxful

papatee4:
Ekaale, ooo
Elemu yin ti dey ooo�
Gudevening to u, your Palmwine crush yaff cum o�

Do you have it in mind to invest in agriculture, and you need good yield for better profit, you don't know what crop to invest in

Pineapple plantation is the best.
Advantage of planting pineapple


* Easy to manage.
* Herdsmen cant invade.
* Fire can't enter pineapple farm.
* Plant ones and reap for many years
* Suckers resell after Harvesting or used for expansion

Planting 20,000 suckers, and after 15 months you are able to harvest 15,000 fruits and sold for #200 each.

To know more about pineapple farming and also the farm set up
me on 08066200247....

Hey bro, fire entered my pineapple farm recently, and I was wondering if it’s possible the plants can survive the fire… they are not burnt down completely

Agricmatter:


If you are a pineapple farmer, I will link you up with buyers that will buy your fruits at prices that the stated prices
You might be selling your fruits to those taking away your profit

I’ve got a pineapple farm, I induced like 3 weeks ago… however my concern now is finding the market when the fruits are matured. I would appreciate your help bro

Osiris13:
so e suppose keep am for you since 2012

I shock sef

Emmanuel72:



Abeokuta

Did you succeed in getting any?

If I'm correct this would be the Mexican sunflower also known as Tithonia.. It's still under sun flower family

Whobedatte:
That one no do you
I recharged MTN 1500 from my GTB app and was not credited till date
Imagine

I did mine close to three times, 1500 each.. all the money enter voicemail lass lass

We are in deep shit...

The Senate on Wednesday approved the sum of $16,230,077,718, €1,020,000,000 and a grant of $125,000,000 as foreign loans for the regime of the President, Major General Muhammadu Buhari (retd.), to fund its legacy projects.

The red chamber specifically approved the issuance of €500,000,000 from the Bank of Industries and €750,000,000 Eurobond in the International Capital Market.

It asked the President to forward the and conditions of the loan from the funding agencies to the National Assembly.

The Senate gave the approval following the consideration of the report of its Committee on Local and Foreign Debts, chaired by Senator Clifford Ordia.

Source: https://punchng.com/breaking-senate-approves-buharis-16bn-e1bn-loans-request/

Hello sir Gazzuzz, can I still get a 2az-fe engine from you, it’s really needed and I’m afraid of going to ladipo or trusting my mechanic to source for a replacement

Do you sell chemical that can be used to induce pineapple to flower.

NO GIVE AM LOAN OOOOO!!!!!!!

Milliammeter:
she looks a bit underfed but might be my eyes though or the camera angle. But she is a nice gsd specimen

No lies she was quite lean when I got back, but I've handed her to my vet for him to take care of. Vet says she on heat at the moment sef.

ebonyoyas:
Nice ... Work more on feeding.. cute dog

Thanks boss. It’s mainly due to the fact that I’m not always at home to take first hand care of the dogs. I would do my best now that I’m around to fatten em up. I feed them with chicken liver and chicken leg mixed with indomie and sometimes dry food.. fingers crossed if it’s going to make the difference

Meet Rex, the Boerbull actually belongs to my brother. I'm helping him take care of it, due to the fact that he travelled.. Boerbull dey chop oooo!!!

I actually just adopted another GSD.. she's so beautiful. Her name is "Shiva". She's the long coat type of GSD and I can't wait to start mating her with solid studs

ebonyoyas:
We are waiting

wizi44:
we can't wait

sixsgod:
oppp no update again, c'mon man , lets see hwr now

Done my chairmen, I'm sorry it took this long

setobaba:
From the mating picture, I notice both parent are slant back and why is Tokyo not yet coming out slant ?? Have you wondered Op?

I asked the person I purchased it from, he told me not all the pups would come out as slant back, I prolly might have picked the none slant back type when I purchased her

I know it's been a while I posted about Tokyo, it's been due to the fact that ive been away from home for a while, so I haven't really had the time to update this thread. This is just an update of the progress on Tokyo. She took quite a while to come on heat but thank God she finally startet last week

AIN
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Deathisfree:


What’s your number ?

This post was since 2012 my brother..

Deathisfree:


What’s your number ?

This post was since 2012 my brother