Any shop, location hard drug is sold in our region will be forfeited to govt — South-East governors

News Update

Any shop, location hard drug is sold in our region will be forfeited to govt — South-East governors

THE South-East Governors Forum has resolved that government would henceforth take over all shops and locations where hard drugs are sold in any part of the region. 

Chairman of the forum and governor of Ebonyi State, David Umahi, disclosed this in a statement he signed after an emergency virtual meeting of the governors on November 30. 

Umahi added that all those promoting trade in illicit drugs, or indulging in consuming them would be prosecuted..

“We resolved to be very committed in our fight against hard drugs in our region, especially the new one called Methamphetamine, locally known in the South-East as Mkpurumiri. 

“We have decided that all shops and locations where any hard drug is sold will be forfeited to the state government and all those promoting the trade or indulging in hard drugs shall be seriously isolated to face the law. 

“Rehabilitation of those misled into hard drugs is also ongoing. We urge community leaders to give secret phone calls through the special numbers offered by our governors on security and hard drug.” 

Umahi also condemned in strong terms the video clip and write-up circulating in some social and print media where two policemen were said to have been killed and their heads cut off by youths who styled themselves as members of the Indigenous People of Biafra/Eastern Security Network (IPOB/ESN). 

“We have resolved among ourselves to work with security agencies to determine the authenticity of this video/report and if found to be true, the perpetrators would be arrested by all possible means to face the law.”

The governor said: “We are aware of similar videos in the past and which when subjected to forensic review, were found out to have happened outside Nigeria. We assure Nigerians, especially the police community that we will not rest until we have done justice to this matter.” 

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Elon Musk made more money than Bill Gates’ total net worth in just 11 months

Elon Musk

South African-born billionaire, Elon Musk remains the only person with a net worth greater than $300 billion due to the appreciation of his Tesla stock. As at 2021, his year-to-date gains of $141 billion is greater than Bill Gates’ ($135 billion) net worth.

The current value of Musk’s net worth is $311 billion. This is equivalent to 174 million troy ounces of gold or 4.4 billion barrels of crude oil.

Tesla shares started the week all fired up after CEO, Musk sent a memo to employees encouraging them to minimize costs rather than rushing orders out last minute to meet the company’s quarter-end sales targets. Musk wrote in a memo distributed Friday that he does not want the company to spend a lot on “expedited fees, overtime, and temporary contractors just so cars can arrive by the end of Q4.”

Musk explained that, historically, deliveries have dropped “massively” in the first few weeks of the following quarter when sprinting like crazy at the end of quarters to maximize them.

Over a six-month period, we won’t deliver any more cars, but we will have spent a lot of money and burned out in an attempt to accelerate deliveries,” he said.

Monday afternoon, Musk wrote that the end-of-quarter deliveries will still be very intense but a little less intense than they have been in the past.

What you should know about Elon Musk

Musk was born and raised in Pretoria, South Africa, where he attended a short period of university. Having been born into a wealthy family, he showed a knack for technology and entrepreneurship from an early age.

When he was 12 years old, he wrote and sold the code for a video game. However, his dreams were in America.

At 17, he was able to establish himself in Canada since his mother was born there. In 2002, he became a US citizen knowing that it would be easier to enter the United States from Canada.

Having studied at Queens College in Ontario for two years, he moved to the United States and earned degrees in Economics and Physics from the University of Pennsylvania.

He went to Stanford University in 1995 to pursue a Ph.D. in energy physics, but he dropped out after two days.

Musk saw the Internet as a greater opportunity than physics in the heyday of the internet boom. That same year, he founded his first company.

Musk became the world’s richest person when he crossed the $200 billion mark in 2020. He went on to become the first person ever to have a net worth of over $300 billion just a few months later in November 2021. A brief drop below $300 billion was followed by a return to the $300 billion thresholds by the end of last month.

The majority of his wealth comes from Tesla, which accounts for around three quarters of his wealth. His stock options at former and current companies also have increased. In lieu of a salary, Musk receives stock options as against cash.