Man Caught Printing Fake Naira Notes in Oyo...His Reason for Doing it Will Shock You (Photo)

A 68-year-old man, Femi Faweya has been arrested on Tuesday by the Oyo State Police Command for indulging in printing of fake Nigerian currency.

According to Daily Post, Faweya alongside his 42-year-old accomplice, Segun Fayose, confessed to the crime, saying they obtained a currency printing machine with which they had duped many people.

Speaking before newsmen at the state Police Command Headquarters, Eleyele, Ibadan, Faweya, who claimed to be a former Grade 2 teacher, said he ventured into printing fake currency because he lost N200, 000 to fraudsters and wanted to make the money back.

“I also needed money to take care of my three children who are in the university.

“I have been printing N500 and N1, 000 notes with the machine in order to recoup the money I lost to fraudsters.

“I live at Ijokodo in Ibadan here. I used to photocopy the materials with a photocopy machine.

“I was introduced into the business three years ago by Bayo but he is late now. He duped me of N200, 000 without doing anything for me.

“About two months ago, someone gave me a printer for the business,” Faweye added.

The Commissioner of Police, Mr. Sam Adegbuyi, who paraded the suspects said there would be no resting place for criminals in the state.

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iPhone SE Gets Price Cut Of $50 In US

The recent Apple iPhone SE has just received a price cut in the United States, where MetroPCS plans to sell the device for $349, down $50 from what the Cupertino-based company is officially charging for it.

In addition, the now officially-discontinued iPhone 5s is available for $199, which is less than what most other retailers are charging. The carrier is also offering the latest iPhones (6s and 6s Plus), selling them for $649 and $749, respectively, which - if you compare - are roughly in line with their official price tags.

Currently, iPhones are only available at select MetroPCS stores in Florida. However, T-Mobile says nationwide availability is coming soon.

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You Are Embarrassing Our Family, Fayose's Brother Blasts Him

Elder brother to Governor Ayo Fayose of Ekiti state, Segun Fayose says he is an embarrassment to their family. Speaking with The Nation in Ibadan on Sunday, Segun Fayose, a UK-based accountant said that he has cautioned his brother many times over his recent remarks insulting Obasanjo and Buhari but he has refused to listen.

In the words of Fayose's brother: "It is a pity Nigerians are celebrating criminals. I am angry with Nigerians for electing somebody like Ayodele as governor. My children cannot come to Nigeria because of the terrible situation of our country."I don’t have a relationship with any of our leaders because of their criminality and anybody who says I collected money from the opposition should step forward to challenge me. Ekiti and Nigeria are bigger than Fayose’s name and both names should be protected. I don’t want anything from anybody, but Ayo should stop insulting and abusing my father’s name.

"As a result of Fayose’s attitude, many people believe the Fayose family is rude but it is far from the truth. I have spoken to him many times, but he refused to listen. Buhari and Obasanjo are old enough to be his father and I don’t know why he should be insulting them.

"I am always sad with the situation of this country. Ayo’s arrogance is one of the reasons I said people should not vote for him prior to the Ekiti governorship election. If all I am saying is not true, my six children should die and I should end up in shame. Most of us abroad are not happy with the situation of Nigeria. We are sad.

"When people call me from Ekiti to complain about Ayo, I tell them to forgive the family. People should not see Ayo as an ambassador of our family."

Things Must Change, I Will make Naira equal to Dollar In Value – Buhari

The All Progressives Congress (APC) presidential candidate, Muhammadu Buhari, has said he would ensure that the Naira gets stronger and becomes equal to the Dollar in value, if he is voted into office.

“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said.

He urged Nigerians to vote for APC, noting that he would ensure that corruption is eradicated.

He stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri.

Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing.

Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth.

He said that Buhari was loved by the people in the region and urged them to elect him and other APC candidates during the March 28 and April 11 general elections.

Former governor of Anambra, Mr Chinwoke Mbadinuju and former Minister of Education, Chinwe Obaji, were formally welcomed to the APC at the rally.

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I Will End Corruption If You Vote For Me Again – Jonathan

President Goodluck Jonathan has promised to entrench transparency and eradicate corruption in the nation’s oil sector if re-elected. That is the sector with the highest level of corruption in Nigeria.

Mr President gave the commitment on Sunday evening in Lagos at a youth event titled “An unimaginable feat in sports” designed to highlight his administration’s achievements in the sports sector.

We wait to see if Nigerians will to give him another four years to do what he didn't do in six years.