Connect with us

News

Pendulum Clock, Antique tech items Trigger Mercury Rush

Published

on

Sanusi Lamido Sanusi, Governor, CBN
Kindly share this post

Ridiculous as it sounds, the pendulum clock, a clock built some 365 years ago has triggered a new get rich syndrome with some Nigerians combing through archives and rarely used places for the old clocks and other antiquated technology items like television sets, and gramophones, Nigerian Comunications-week can now reveal.
Optimistic and avaricious, they see the obsolete items as their tickets out of poverty and becoming  next millionaires overnight.
These archaic technology items are said to contain “immense wealth” including mercury said to be used for further production.
Another item in high demands is the mercurial barometer, first invented in the 1640s and consists of a glass tube that is closed at one end with a mercury-filled reservoir at the base.
The exact amount of mercury depends on the style and size of the barometer but most antique barometers contain approximately four ounces of mercury, which is equivalent to one quarter of a pound.
Nigeria CommunicationsWeek gathered that the pendulum clock with Roman calibration is said to be worth as much as N10million, gramophone about N8 million and old black and white television set some N4 million.
Using local technology like torchlights, wrist watches and cellphones, locals are able to determine which pendulum clock contains the prized mercury.
For instance, a pendulum clock that contains mercury will stop working or change the colour of the torchlight when pointed at the device.
When a mobile phone is placed near the clock, it looses service and when a wrist watch is placed near or in contact with the old clock, it will stop working temporarily.
There is no scientific evidence yet to support the craze for these items, some said it is the latest scam, others said the mad rush may be because of the mercury content of the clock.
In any case it is steep stupidity to sell a clock for that much.
Mercury is usually found free in nature and is primarily obtained from the mineral cinnabar and can be used to make thermometers, barometers and other scientific instruments. It conducts electricity and is also used to make silent, position dependent switches.
Mercury vapour is used in streetlights, fluorescent lamps and advertising signs and those are the good sides.
On the other side, mercury is said to be increasingly used now to package illicit drugs for export.
Nigeria CommunicationsWeek gathered that the use of mercury is one of the several unthinkable modes of drug concealment adopted by the desperate drug barons.
Illicit drugs packaged with mercury is said to be hardly undetectable at screening points.
With all their minds fixed on quick returns, the scavengers of fortune are oblivious of the health hazards posed by mercury.
Mercury is poisonous and can enter the body through the respiratory tract, the digestive tract or directly through the skin. It accumulates in the body, eventually causing severe illness or death.

 

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Adebutu, PDP Chieftain Accuses Nigerian Governors of Embezzling LG Allocations 

Published

on

Kindly share this post

Oladipupo Adebutu, Peoples Democratic Party (PDP) governorship candidate in Ogun State, has alleged that all state governors in Nigeria are benefiting from and misappropriating local government allocations.

Adebutu, PDP Chieftain Accuses Nigerian Governors Embezzling LG Allocations 

Oladipupo Adebutu

Adebutu made the remarks at the Ake Palace in Abeokuta during a meeting with the Egba Traditional Council, where he sought the support and blessings of traditional rulers for his governorship ambition.

He was accompanied by his running mate, Lateefat Sowunmi-Kolapo; the PDP senatorial candidate for Ogun Central, Iyabo Obasanjo; the Ogun State PDP Chairman, Abayomi Tella; and other party leaders and candidates.

Addressing the traditional rulers, Adebutu declared that granting full financial autonomy to local governments would be one of the defining policies of his administration.

“I will do something that will stun this nation and put us in the right direction. Local governments shall get their own money,” he said.

He added: “We must make sure we get local government autonomy. I have been reiterating to you that I, Oladipupo Olatunde, son of Adebutu, was at the National Assembly twice, and I can boast that I didn’t embezzle public funds. How many politicians can say this?”

Advertisement

Adebutu accused governors across party lines of diverting local government funds.

“It’s not a party thing. Both APC and PDP, all the governors are embezzling local government allocations. It’s not a secret,” he said.

He argued that local councils were able to deliver more development when they had greater control over their finances.

On infrastructure financing, Adebutu said governments must adopt new approaches rather than relying on borrowing.

“You don’t borrow money for infrastructure anymore,” he said, while promising to construct roads that would improve connectivity between Ogun State and Lagos.

Advertisement

In his remarks, Abayomi Tella, State Chairman of the PDP,  lamented that the local government system in the state is in a state of collapse, recalling that as a former council chairman, he received N200 million as an allocation and used it to construct four roads within his local government.

He expressed concern that the current local government chairmen cannot point to any project of similar impact, attributing the situation to a lack of financial autonomy.

The PDP chairman said he strongly believes in Adebutu’s advocacy for local government autonomy, stressing that Adebutu is prepared and ready to lead the development of Ogun State.

Sowunmi-Kolapo, deputy governorship candidate, called on her kinsmen to support her political aspiration, noting that she has continued to support the development of Egbaland.

Also speaking, Iyabo Obasanjo, PDP candidate for Ogun Central Senatorial District, said that after leaving the APC following her unsuccessful governorship bid, she came to believe that Adebutu has the vision and political will to actualise her aspirations and manifesto for the people.

Advertisement

Obasanjo further noted that no political party has a more formidable team in Egbaland than the PDP, urging Egba monarchs to throw their weight behind the party in the interest of the people.

In his welcome address, the Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo, described Adebutu as “trustworthy and reliable,” declaring his support for the party’s flag bearer ahead of the 2027 governorship election.

The Alake recalled his long-standing relationship with Adebutu’s father and expressed confidence in Adebutu’s character and leadership qualities.

“The son of a lion must resemble the lion. In fact, he is an even better version of his father,” Oba Gbadebo said.

Advertisement

Kindly share this post
Continue Reading

News

ICPC Secures Final Forfeiture of N941m Linked to IPPIS Fraud

Published

on

Kindly share this post

Federal high court in Abuja has ordered the final forfeiture of N941,994,079.86 linked to suspected ghost workers uncovered in the integrated payroll and personnel information system (IPPIS) to the federal government.

ICPC Secures Final Forfeiture of N941m Linked to IPPIS Fraud

IPPIS is a centralised payroll system the federal government introduced to manage the salaries of federal public sector employees.

Binta Nyako, presiding judge, gave the order following an application filed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

“That an Order is hereby made for the Final Forfeiture to the Federal Republic of Nigeria the Sum of N941,994,079.86 seized during investigation into the IPPIS Payroll scam in the year 2024,” Nyako ruled.

Okor Odey, ICPC spokesperson, announced the forfeiture in a statement issued at the weekend.

Advertisement

The ICPC spokesperson said investigations by the commission uncovered “large-scale payroll fraud involving hundreds of non-existent public servants, with a total sum of N941,994,079.86 traced to accounts linked to the scheme”.

Odey said a review of the IPPIS conducted in 2023 revealed the “existence of numerous “ghost workers” embedded within the payrolls of several Ministries, Departments and Agencies (MDAs)”.

According to him, following the findings, President Bola Tinubu approved a “comprehensive audit” of the IPPIS.

He added that a joint investigation between the ICPC and the office of the accountant-general of the federation in April 2025 led to the discovery of 587 suspected ghost workers on the IPPIS platform.

“Investigations revealed that fictitious IPPIS identities had been created for non-existent personnel across multiple MDAs, with salaries paid over extended periods into accounts belonging to individuals and companies,” Odey said.

Advertisement

“In many cases, the account names did not correspond with those of the purported employees, while some accounts received multiple salary payments simultaneously.”

The ICPC spokesperson said the agency placed post no debit (PND) restrictions on all identified accounts to freeze the funds suspected to be proceeds of fraud.

He said the affected MDAs include the Nigeria Police Force (NPF), federal ministries of defence, education, agriculture and rural development, works, water resources, and interior.

Others are National Board for Arabic and Islamic Studies, University of Benin, University of Calabar, University of Nigeria, Nsukka, University of Maiduguri, Ahmadu Bello University, Zaria, and the office of the accountant-general of the federation.

The ICPC spokesperson said 120 civil servants were cleared after their identities and employment status were confirmed following a verification exercise in 2025.

Advertisement

He added that 467 bank accounts remain linked to unverified individuals with holders yet to be identified.

He noted that the N941.9 million currently frozen in the 467 bank accounts has been forfeited to the federal government.

He disclosed that the agency published the names of the 910 individuals suspected to have benefited from the purported fraud in two national dailies on March 18, 2026.

 

 

Advertisement

Kindly share this post
Continue Reading

News

NIMASA Unveils Accelerator Scheme to Drive Innovation, Sustainable Growth

Published

on

Kindly share this post

The Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced the Blue Economy Accelerator Programme, a strategic initiative designed to identify, nurture, and accelerate innovative startups that will contribute to the sustainable growth of Nigeria’s marine and blue economy.

The Blue Economy Accelerator Programme is aimed at attracting young, vibrant minds with innovative ideas capable of transforming Nigeria’s maritime ecosystem.

Dr. Dayo Mobereola, Director-General of NIMASA, said that through the initiative, participants will receive structured business development support, industry mentorship, and technical guidance to convert promising concepts into viable ventures that address critical challenges and opportunities within the blue economy.

“The programme reflects NIMASA’s commitment to supporting the implementation of the vision of the Federal Ministry of Marine and Blue Economy in unlocking the immense potential of the blue economy by empowering young innovators, entrepreneurs, and technology-driven enterprises. We at NIMASA want to provide a platform for investors to identify young talents and invest in them”.

Mobereola, who commended the Minister of Marine and Blue Economy, Adegboyega Oyetola for codifying the Marine and Blue Economy Policy as a clear roadmap for the sector’s development, urged young Nigerians to embrace the programme which has the potential to transform raw talents into big investments in the maritime sector.

Advertisement

Applications are open to startups and innovators developing solutions across several strategic sectors, including marine waste management and the blue circular economy; aquaculture and sustainable fisheries; maritime technology and logistics innovation; ocean energy including wave, tidal, and offshore renewable energy; marine tourism and coastal recreation; marine biotechnology such as, ocean data and analytics; green shipping, including vessel decarbonization; smart port solutions; autonomous marine vehicles; biofouling prevention technologies; and coastal resilience through nature-based coastal defencesolutions.

The first phase of the programme is expected to attract a minimum of 150 high-quality applications from within and outside the country provided they are Nigerian citizens.

Kindly share this post
Continue Reading

Trending