Politics › 9 Ex-Public Officers Forfeit Over N100 Billion To FG by Islie(op): 3:52am On Dec 15, 2019 |
The former public officers who had their funds or assets forfeited to the government include; former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke; former first lady, Patience Jonathan; former Senate President, Bukola Saraki; former governor of Imo State, Rochas Okorocha, his wife, daughter and aide.
Others are; former Head of Service of the Federation, Mrs. Winifred Oyo-Ita (through a suspect linked to her); former governor of Taraba State, Jolly Nyame, former Group Managing Director of NNPC, Engineer Andrew Yakubu; former Managing Director of Pipelines and Products Marketing Company (PPMC), Haruna Momoh and his wife, Ochuko Okor and former chairman of Pension Reform Task Team (PRTT), Abdulrasheed Maina.
The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices & Other Related Offences Commission (ICPC), Nigeria’s two key anti-corruption agencies, have always emphasized on the recovery of stolen assets as key in the fight against corruption.
EFCC’s acting chairman, Ibrahim Magu, while interacting with the Speaker of the House of Representatives, Femi Gbajabiamila, in September, stressed the commitment of the agency in the recovery of stolen funds wherever they are.
Magu revealed that some government agencies had already benefitted from allocation of recovered assets. These agencies include; Voice of Nigeria, Pension Transitional Arrangement Directorate, North East Development Commission, National Social Investment Office and Fiscal Responsibility Commission.
However, not long after that, reports emanated that the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), had whittled down the assets recovery powers of the EFCC and ICPC, but he was quick to dispel that report.
Forfeited assets
The value of the forfeited assets, according to findings, which stands at N21.8bn, $273.3m (N83.9bn at CBN’s exchange rate of 307) and £74,000 (N29.3m at CBN’s exchange rate of 396), did not capture several other assets forfeited but not valued.
Findings by this newspaper revealed that a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, had about N86bn worth cash and assets linked to her permanently forfeited to the federal government.
A breakdown of the assets linked to Mrs. Alison-Madueke that have been permanently forfeited revealed that the Federal High Court in Lagos on September 11, 2019 ordered that the 2,149 pieces of jewellery and a customized gold iPhone valued at $40m (about N12.2bn) recovered from her Abuja home be permanently forfeited to the government.
In the court’s ruling, Justice Nicholas Oweibo held that Diezani, through her lawyer, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited.
The EFCC had told the judge that the jewellery and gold iPhone were reasonably suspected to have been acquired with proceeds of fraud.
According to the schedule attached to an application filed by the EFCC, the expensive jewellery, categorised into 33 sets, include; 419 bangles, 315 rings, 304 earrings, 267 necklaces, 189 wristwatches, 174 necklaces and earrings, 78 bracelets, 77 brooches and 74 pendants.
In 2017, four permanent forfeiture orders were issued against the former petrol minister. On October 11, 2017, Justice Abdul-Azeez Anka of a Federal High Court in Lagos ordered the permanent forfeiture of 56 houses situated in Lagos, Port Harcourt and Abuja valued at $21,982,224 (about N6.7bn) allegedly linked to her.
The forfeited property include 21 mixed housing units of eight four-bedroom penthouse apartments, six three-bedroom apartments, two three-bedroom apartments and one four-bedroom apartment, all en-suite and located at 7, Thurnburn Street and 5, Raymond Street, Yaba, bought through Chapel Properties Ltd.
Others are: 16 four-bedroom terrace located at Heritage Court Estate, Omerelu Street, Diobu GRA, Port Harcourt, Rivers State, bought through Blue Nile Estate Ltd, 13 three-bedroom apartment with one room maid’s quarter situated at Mabushi Gardens Estate, Plot 1205, Cadastral Zone B06, Mabushi, Abuja, bought through Azinga Meadows Ltd and six flats of three-bedroom and one boys’ quarters located at Plot 808 (135) Awolowo Road, Ikoyi, Lagos, bought through Vistapoint Property Development Ltd. Earlier on August 28, 2017, the same judge had ordered the permanent forfeiture of N7,646,700,000 linked to the former petroleum minister.
During proceedings leading to the order, the EFCC counsel, Rotimi Oyedepo, while moving the application, noted that the money was part of the sums allegedly diverted by the former minister from various units of the NNPC.
Oyedepo further claimed that the anti-graft commission published an advert after the court ordered the money’s temporary forfeiture but no one claimed its ownership.
An investigating officer with the commission, Usman Zakari, in a supporting affidavit attached to the application, stated that the former minister held a meeting with a bank chief in her office informing him that some officials of her ministry would be bringing funds to his bank.
According to him, the minister directed that the funds must neither be credited into any known account nor captured in any transactional platform of the bank.
On August 7, 2017, Justice Chuka Obiozor of the Federal High Court in Lagos also ordered that a $37.5m (about N11.5bn) mansion on Banana Island, Lagos linked to Mrs. Diezani, be permanently forfeited to the federal government. The court also ordered that $2.7m (about 841.2m) and N84.5m realised as rents on the property should equally be forfeited to the government.
Earlier on February 16, 2017, Justice Muslim Hassan of the Federal High Court in Lagos ordered the permanent forfeiture of $153.3m (about N47bn), which was said to have been diverted from the coffers of the NNPC by the former minister. The EFCC had traced the money to three commercial banks in the country where it was kept.
Patience Jonathan
Former first lady, Patience Jonathan, also had battles with the EFCC over the forfeiture of N9.2bn and $8.4m (about N2.6bn). The order of interim forfeiture of the funds went up to the Supreme Court, which ordered her to return to the court to challenge the forfeiture.
However, on June 1, 2019, Justice Mojisola Olatoregun of the Federal High Court in Lagos ordered the permanent forfeiture of the funds to the federal government.
The EFCC told the court that the funds were reasonably suspected to be proceeds of crime. Though Patience, through her lawyers, Chief Ifedayo Adedipe (SAN) and Chief Mike Ozekhome (SAN), opposed the application and insisted that the funds were legitimately hers, the judge held that she had no doubts at all that the monies were proceeds of unlawful activities.
Bukola Saraki
A Federal High Court in Ikoyi, Lagos, on December 2, 2019, ordered an interim forfeiture of two houses in Ilorin, Kwara State belonging to the immediate past Senate President, Bukola Saraki.
The EFCC had approached the court presided over by Justice Ridwan Aikawa for an order of interim forfeiture of the properties said to worth about N1bn on the grounds that they were acquired through proceeds of unlawful activities.
However, Saraki, through a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, said the application leading to the order was an abuse of court process and a violation of a subsisting order of the Federal High Court, Abuja restraining the commission by themselves, their subordinates, agents, servants, or privies whosoever, from seizing, impounding, taking over, confiscating or otherwise forfeiting his right to own and peacefully enjoy any of his assets and properties.
Winifred Oyo-Ita
On September 26, 2019, Justice Folashade Ogunbanjo-Giwa of the Federal High Court in Abuja ordered the permanent forfeiture of some assets returned by a suspect linked to a former Head of Service of the Federation, Mrs. Winifred Oyo-Ita.
Oyo-Ita was placed on indefinite suspension over corruption allegations launched against her by the EFCC and while moving the application for the forfeiture, the anti-graft agency’s lawyer told the court that the funds were voluntarily returned to the commission as proceeds of crime by the unnamed suspect.
While details of the case were not read out in the open court, the EFCC lawyer informed the judge that the money had been paid into an account with the Central Bank as soon as it was returned by the suspect.
Rochas Okorocha
Earlier in September, the EFCC revealed that it obtained orders for the interim forfeiture of assets traced to a former governor of Imo State, Rochas Okorocha, his wife, Nneoma Nkechi and their daughter on August 22. The order was got from a vacation judge, Justice A. T. Mohammed of the Federal High Court, Port Harcourt.
The Head, Enugu Zonal Office of the commission, Mr. Usman Imam, who disclosed this, added that the EFCC also obtained a similar order on a property, Dews of Hope Hospital, traced to a former aide to Okorocha, Mr. Paschal Obi, and the former governor’s daughter.
He listed some of the properties to include a 16-block 96-flat structure and an eight-bungalow multi-million naira estate, hotel, two schools, shopping plaza, supermarket, hospital and four vehicles.
The EFCC chief said while the hospital was traced to Obi, the remaining properties were traced to the former governor and his family, including his wife and daughter.
The EFCC made headway on the permanent forfeiture on December 6, 2019, when Justice T.G Ringin of a Federal High Court sitting in Owerri, ordered the final forfeiture of Dews of Hope Hospital, a N1.5bn state-of-the-art 200-bed hospital allegedly owned by Obi.
The commission said its investigation revealed that Obi, a former Permanent Secretary and Principal Secretary to then governor Okorocha, was a signatory to the accounts of the hospital. It also revealed that there was evidence that the facility may have been acquired through proceeds of illicit activities, as funds from the Government House in Owerri were traced to the hospital.
Obi, now a serving member of the House of Representatives and a member of the board of the hospital, reportedly denied ownership of the medical facility.
The EFCC said the managing director of the hospital on invitation could not also explain how the hospital was funded.
Jolly Nyame
Following the conviction and sentencing of Jolly Nyame, a former governor of Taraba State, an Abuja court presided over by Justice Adebukola Banjoko, also ordered that all the funds previously recovered by the EFCC from aides to the ex-governor and other government officials involved in the scam be forfeited to the Taraba State government.
Andrew Yakubu
A former Group Managing Director of the NNPC, Engineer Andrew Yakubu, has also forfeited to the government, $9.7m and £74,000 allegedly stashed in a fireproof safe.
The Federal High Court in Kano presided over by Justice Z.B Abubakar on February 13, 2017 ordered the interim forfeiture of the funds that were uncovered on February 3, 2017 by operatives of the EFCC after storming a house allegedly belonging to Yakubu. The Kano court’s order has since been affirmed by the Kaduna Division of the Court of Appeal.
Haruna Momoh
On November 4, 2019, the ICPC announced that it had started moves to recover N2.4bn and some landed properties alleged to have been illegally acquired and linked to a former managing director of the Pipelines and Products Marketing Company (PPMC), Haruna Momoh and his wife, Ochuko Okor.
The move was subsequent to an interim forfeiture order from a High Court of the Federal Capital Territory, Abuja to seize the funds said to comprise foreign and local currencies, stashed in multiple accounts in four different banks as well as five landed properties located in different parts of Abuja.
The Momohs have however returned to the court to challenge the order. Ruling on their application has been reserved by the judge, Justice Olukayode Adeniyi, to a date to be communicated to the parties.
Abdulrasheed Maina
The Federal High Court in Abuja on October 22, 2019 ordered temporary forfeiture of 23 properties linked to a former chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina. According to the EFCC, the temporarily forfeited properties are in Kaduna, Borno, Sokoto and the Federal Capital Territory (FCT). https://www.dailytrust.com.ng/how-9-ex-public-officers-forfeited-over-n100bn-to-fg.html
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Business › Bankers Committee Introduces Two Classes Of BVN by Islie(op): 10:25pm On Dec 14, 2019 |
*To deploy measures to stop cyber-attacks on banks *CBN to develop cybersecurity operations centre By Babajide Komolafe
The Bankers Committee yesterday introduced a classification of the Biometric Verification Number (BVN), namely BVN Premium and BVN Lite, in order to fast track the achievement of the financial inclusion goal of 20 per cent by 2020.
The Committee which comprises the chief executive of banks and senior management of the Central Bank of Nigeria (CBN), also announced fresh steps to stop cyber attacks on Nigerian banks.
Governor, CBN, Mr Godwin Emefiele disclosed this at a press briefing at the end of the 11th annual Bankers Committee retreat held in Ogere, Ogun State.
Emefiele said that classification marks the second phase of the BVN initiative which was introduced in 2014.
The BVN is a centralized biometric identification system for the banking industry. The BVN represents a unique identity for every bank customer that can be verified across the banking industry. Presently, over 40.2 million bank customers have been enrolled and have a BVN.
Speaking on the rationale for the classification of the BVN, Emefiele said: We now have about 40 million people on the BVN platform. We think that because of the benefits of the BVN to bank customers and the economy there is a need to consolidate and move BVN to a new level, something like 2.0.
Explaining further, he said: This entails, for instance, to reclassify and segregate transactions that could be done on BVN. We have two classifications. The existing BVN that we have in the system has about 18 lines of information.
“We decided that we classify into BVN premium and BVN lite.
There should also be a system where people who are financially excluded can now be included. If you are on BVN Lite there is a limit to the kind of transactions you can do in terms of deposit and in terms of loans.”
Explaining how the classification will boost the nations financial inclusion efforts, the CBN boss said: The important thing is that we want to make you financially included where you can conduct basic banking services.
There are people who are currently financially excluded, like people in our rural communities that carry phones but not having financial services. With the collaboration of NCC, we are putting this BVN arrangement to allow them to conduct minimal financial services.
It should be possible for us to migrate this person into the BVN Lite arrangement where they can conduct minimal financial services, not just banking services, but minimal financial services, insurance and anything you want to conduct in terms of finance whether electronic payment or anything, you can do it with the aid of your phone. Now as you bring them into the financial system, what it will do is that it will help to increase our rate of financial inclusion and reduce the exclusion rate.
Measures to stop cyberattacks
Meanwhile, the Bankers Committee said it would soon introduce measures to stop cyber-attacks on banks.
Emefiele disclosed this, saying this is to ensure a safe and conducive to cyberspace which is critical to promoting the digital economy that Nigerians deserve.
He said that the measures to be introduced include Panic Alert which would help to reduce losses to the minimum losses cyber attacks in the industry.
“The Committee agreed to put in place measures such as a panic alert to protect not just the deposit money banks but also the depositor’s funds that are in the custody of the deposit money banks, he said.
Speaking further, Emefiele said that the Committee noted that the lack of capacity to control and manage cyber risks have been resulting to incidences of loss money not just only to the bank customers but also to the customers themselves.
Hence, he said, the Committee resolved that every deposit money bank should develop and invest massively in tools, both soft and hardware that will stop cyber attacks on their operations so as to reduce to the barest minimum not just to the banking industry but also to the customers.
CBN’s Cyber Security Operations Center in the offing
Speaking further, Emefiele said the CBN as part of its efforts to forestall cyberattacks on the industry is developing a cybersecurity operations centre, which would serve as a gateway to checkmating such attacks on the banking industry.
He said: On our part in CBN we are looking at investing in a security operations centre that will act as a gateway not only for banks. It’s like you have a baby, and somebody is about to attack that baby. As a parent, you see to it that you abort or nip in the bud that attacks in order to protect the child from being attacked by an intruder.
Unfortunately, we are all naked today as a result of internet and cyber and we all have to do everything to protect ourselves.
by the time the security operations centre being built by the CBN is ready am sure that even some of our security agencies will be able to tap into some of the capabilities that are being developed by this centre. https://www.vanguardngr.com/2019/12/bankers-committee-introduces-two-classes-of-bvn/Lalasticlala |
Travel › FG Suspends Turkish Airlines Operations In Nigeria by Islie(op): 6:03am On Dec 13, 2019 |
Okechukwu Nnodim The Federal Government has ordered Turkish Airlines to suspend its operations into Nigeria due to repeated cases of poor passenger treatment by the international carrier.
It gave the directive through the Nigeria Civil Aviation Authority , directing the airline to suspend its operations until it was ready to operate with the right size of aircraft that could transport all passengers with their baggage at the same time .
It was gathered that the government ’s directive came as a result of recent cases in which the airline failed to bring in passengers into Nigeria together with their checked -in baggage .
In a letter to the airline by the acting Director -General, NCAA , Capt . Abdullahi Sidi , which was made available by the Federal Ministry of Aviation in Abuja on Thursday , the authority expressed displeasure at the incidents , which it said had been going on for over two weeks.
Sidi said the incidents had become so bad that most recent Turkish Airlines flights arrived in Nigeria without more than 85 per cent of passengers ’ baggage on board .
He said , “ Our airport authority has been facing a serious crisis controlling the passengers at the airport whenever they arrive without their baggage . This issue has made passengers to carry out several mob actions at our airports and it is a great threat to our airport facilities .
“ In view of all these , and a series of meetings held with the Turkish Airlines personnel , which did not yield any solution to this problem , the NCAA is therefore left with no option than to direct Turkish Airlines to suspend its operations into Nigeria until such a time when the airline is ready to operate with the right size of aircraft that can transport all passengers with their baggage at the same time .
“ If no remedial action is carried out by your airline , this suspension shall be effective from the 16 th of December, 2019 .” https://punchng.com/fg-suspends-turkish-airlines-operations-into-nigeria/
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Politics › Buhari’s Kinsmen Attack Aisha Over Villa Crisis - Punch by Islie(op): 5:29am On Dec 13, 2019 |
Kinsmen of the President, Major General Muhammadu Buhari (retd.), have faulted his wife, Aisha, over her Wednesday’s statement, which attacked the Senior Special Assistant to the President, Garba Shehu.
The kinsmen in Daura, in separate exclusive interviews with the Kastina State correspondent of The PUNCH, on Wednesday evening, berated Mrs Buhari for making what they called a purely private family affair, public.
Mrs Buhari, had in the statement on Wednesday morning, said, “It was Garba Shehu, who claimed that the government would not allow the office of the first lady to run. He was later to confirm to one of my aides that he was instructed to say so by Mamman Daura and not the President. This antic attracted the anger of Nigerian women. He didn’t realise the fact that the first lady’s office is a tradition which has become an institution.”
Commenting on the statement by Aisha Buhari, residents of Daura, the home town of the President, said the first lady should have reported the matter to her husband.
Attack on Shehu akin to attacking Buhari – Daura associations
The Chairman of the Coalition of Associations in Daura, Mallam Muhammed Saleh, in an interview with The PUNCH, said Mrs Buhari’s feud with Shehu should be seen as a pure private affair.
He said that the outburst by the wife of the President was not good enough. According to him, attacking Shehu was akin to attacking Buhari.
Saleh said, “I try as much to refrain myself from commenting on the issue as some people are bound to misinterpret whatever one says on the issue. But I need to stress that this is a family affair which should be resolved.
“Attacking Garba Shehu who is the spokesperson for the President is akin to attacking the President himself and I think , this is not good enough. I will urge all of them to resolve any issue at stake privately.”
Aisha is giving wrong impression of her husband – Daura elder
Ronaldo’s market value drops in Serie A But another elder in Daura, Alhaji Usman Kalgo, said the first lady’s public outburst on Shehu was an insult to Buhari.
Kalgo said, “ If Aisha sees any shortcomings on the part of Garba Shehu or any other person working for her husband, the best person to complain to is her husband and not making the issue public.
“The President knew that Garba Shehu was competent before giving him the job of a spokesman and if there is a feud between Aisha and him or any other person, Aisha should respect her husband. She should report Shehu to her husband and not making it public. By making the issue public, she is giving a wrong impression of her husband, which is not good enough.”
A lawyer, who is an indigene of the town, Ado Lalu, said the wife of the President’s approach of making the issue public would not solve the problem.
Lalu said the feud between the first lady and Shehu or any other person in the Presidency ought to have been resolved behind closed doors.
Lalu said,” Logically, attacking Garba Shehu publicly by the first lady is not good enough. The first lady has a direct access to the President and she could have discussed the issue that concerns her with him. Making her grievances public will not help matters.
“Even if he (President) is busy to attend to her complaints now because of his tight schedule, she will always get time to discuss the issue with the President. There are several ways of making one’s grievances known not by making such public, which will only aggravate matters. This is a strictly private matter and should be settled privately.”
It’s a family affair – Daura emirate
But the Spokesman for the Daura Emirate Council, Mallam Usman Ibrahim, when contacted on the phone, said, “It is a family matter and we don’t speak on family issues.”
It’s a family affair – Emir of Gusau
In Zamfara State, the Emir of Gusau, Alhaji Ibrahim Bello, told The PUNCH through his Protocol Officer, Alhaji Abdulkadir Usman, that the issue was entirely a family affair.
He stated, “It is a family affair; it is not an official issue, as such, I wouldn’t want to talk much about it.”
Before the 2019 elections, the President’s wife had alleged that those who did not contribute to the election of her husband in 2015, were benefiting from the regime.
The crisis between the first lady and Daura’s family worsened in October, when the President’s nephew’s daughter, Fatima, released a video.
Fatima, in an interview with the BBC Hausa Service, admitted that she recorded the video that went viral to provide proof for her parents and security officials about Mrs Buhari’s outburst during an encounter with the first lady.
In an interview with the BBC Hausa Service after her return from Europe in October, Mrs Buhari reacted to the viral video.
She said, “I was the one in the video, those behind me were the security personnel given to protect me, but Mamman Daura’s daughter, Fatima, shot the video in the presence of security officials and everybody. She was laughing at me because my husband said they should vacate the place (Glass House) for my son to occupy.” https://punchng.com/buharis-kinsmen-attack-aisha-over-villa-crisis/
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Politics › Aisha Buhari's Attack On Garba Shehu Unsettles Presidency by Islie(op): 11:02am On Dec 12, 2019 |
.First Lady Asks Him To Resign For Humiliating Her .Says Garba Shehu Is Disloyal To President, Family .Blames Buhari’s Cousin, Mamman Daura, For Action .Put Your House In Order, PDP Mocks Buhari .Says First Lady’s Outburst Exposes His Incompetence Abuja – Despite attempts to manage a protracted conflict in Aso Rock that has squared up President Muhammadu Buhari’s wife, Aisha, against the president’s cousin, Mamman Daura, it became open on Wednesday when the first lady finally spilled the beans in a statement in which she accused Mallam Garba Shehu, Senior Special Assistant (SSA) to the President on Media and Publicity, of disloyalty.
The first lady’s outburst, Aso Rock sources said on Wednesday, has unsettled the presidency that is embarrassed by the statement.
In the statement she personally signed, the first lady accused Shehu of transferring his loyalty to Daura and working against the interest of the first family, noting that he had been “a willing tool and executioner of their antics”.
She said Shehu took instruction from Daura at the beginning of the Buhari administration to declare that there won’t be an office of the first lady, a development which, she said, embarrassed the president.
The first lady insisted that the president’s media aide had betrayed the trust of the first family and advised him to resign.
She said: “As spokesperson of the president, he (Garba Shehu) has the onerous responsibility of managing the image of the president and all the good works that he is executing in the country.
“Rather than face this responsibility squarely, he has shifted his loyalty from the president to others who have no stake in the contract that the president signed with Nigerians on May 29, 2015 and 2019.
“To make matters worse, Mr. Shehu has presented himself to these people as a willing tool and executioner of their antics, from the corridors of power even to the level of interfering with the family affairs of the president.
“This should not be so. The blatant meddling in the affairs of a first lady of a country is a continuation of the prodigal actions of those that he serves.
“We all remember that the chief proponent appropriated to himself and his family a part of the Presidential Villa, where he stayed for almost four years and when the time came for him to leave, he orchestrated and invaded my family’s privacy through a video circulated by Mamman’s daughter, Fatima, the public was given the impression that on arrival into the country I was locked out of the villa by Mr. President.
“Garba Shehu, as villa spokesperson, knew the truth and had the responsibility to set the records straight, but because his allegiance is somewhere else and his loyalty misplaced, he deliberately refused to clear the air and speak for the president who appointed him in the first place.
“Consequently, his action has shown a complete breakdown of trust between the first family and him.”
Recalling some of the actions of Shehu, she said: “Mr. Shehu was privy and part of the plan and its execution and he was shocked when he realised that I had publicised my return to Nigeria on October 12, 2019 and cleared the air on the many rumours that took over social media, a job he was supposed to do but kept mute to cause more confusion and instability for his principal and his family.
“Garba then vented his anger on the National Television Authority (NTA) management insisting that the media crew to my office must be sacked. He succeeded in getting them suspended for doing their job.
“I had to intervene to save the innocent staff from losing their means of livelihood by involving the Department of State Services (DSS) in order to ascertain roles played by key actors in the saga.
“It is at this late hour that I recall, sadly, that it was the same Garba Shehu who claimed that the government will not allow office of the first lady to run.
“He was later to confirm to one of my aides that he was instructed to say so by Mamman Daura and not the president. This antic attracted the anger of Nigerian women. He didn’t realise the fact that first lady’s office is a tradition which has become an institution.
“Today, even without a budget, I am able run my humanitarian programmes.
“In saner climes, Garba Shehu would have resigned immediately after going beyond his boundaries and powers.
“The latest of his antics was to wage a war on the first family through an orchestrated media campaign of calumny by sponsoring pseudo accounts to write and defame my children and myself.
“Based on Garba Shehu’s misguided sense of loyalty and inability to stay true and loyal to one person or group, it has become apparent that all trust has broken down between him and my family due to the many embarrassments he has caused the presidency and the first family.
“We all have families to consider in our actions and therefore it is in the best interest of all concerned for Garba Shehu to take the advice of the authority, given to him sometimes in the first week of November, 2019.”
Put Your House In Order, PDP Mocks Buhari Meanwhile, the Peoples Democratic Party (PDP) on Tuesday mocked President Buhari over the first lady, Aisha Buhari’s outburst.
Challenging President Buhari to put his house in order, PDP said that the public outburst by the first lady is another sad commentary that further exposes president’s incompetence and why governance has failed in his hands.
The party, in a statement by its spokesman, Kola Ologbondiyan, said that the development has also exposed President Buhari’s failure to lead and enforce an organised governance structure, and that the governance of “our nation has been ceded to the chaotic and selfish whims of a cabal.
“It is indeed appalling that under President Buhari, our once productive and highly organised presidency has been bastardized and reduced to Kunle Bamtefa’s soap opera, Fuji House of Commotion.
“Instead of governance, the Buhari presidency has continued to serve Nigerians and the international community with tragicomedies that make mockery of leadership.
“Nigerians can now further see why nothing works under the Buhari presidency; why the administration has remained shambolic and plagued with policy summersaults and executive recklessness; why our economy has remained comatose and why our nation has been dangerously drifting to the brinks under President Buhari’s watch.
“Indeed, the Buhari presidency has proven to be a huge national embarrassment and a big problem for our nation.
“Never in the history of our nation has the office, essence and symbol of Nigeria’s presidency been so stripped and ridiculed.”
The PDP urged President Buhari to immediately put his house in order and save the nation further embarrassments under his very incompetent, disorderly and messy regime. https://www.independent.ng/aishas-attack-on-buharis-aide-unsettles-presidency/
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Politics › Unemployment: Senate Seeks Payment Of Stipends To Jobless Nigerians by Islie(op): 9:07pm On Dec 11, 2019 |
Sanni Onogu, Abuja
The Senate on Wednesday urged the Federal Government to set up a sustainable unemployment fund for the payment of living stipends to jobless Nigerians until such persons secure any kind of employment.
The Senate also urged governments at all levels to declare emergency on the provision of employment to the youth of Nigeria.
The upper chamber further urged the Federal, State, and Local Governments to revitalise existing industries, build new ones, and provide conducive and enabling environment for the Private Sector to build more industries in the country.
Besides, it called on the government through the Ministry of National Planning, “to put up mechanisms and programmes that would provide employment for our teeming unemployed graduates/youth at all tier of government.”
These resolutions of the upper chamber followed the consideration of a motion titled: “Escalating rate of unemployment in the country” moved by a former Deputy Senate President, Senator Ike Ekweremadu.
Ekweremadu in his lead debate, urged his colleagues to be alarmed that the huge number of graduates being turned out annually by the nation’s tertiary institutions without requisite employment spaces to absolve them.
According to him, the ugly development represents a time bomb waiting to explode. The Enugu West Senator noted that a report published by the National Bureau of Statistics in 2019 stated that Nigeria’s unemployment rate stood at 23.1 per cent of the workforce in the third quarter of 2019.
He lamented that according to a statement credited to the Minister of Labour and Productivity, Senator Chris Ngige, showed that Nigeria’s unemployment rate will hit 33.5 per cent by 2020.
He urged the upper chamber to be worried that “any nation with such number of unemployed, but employable youth population, is only sitting on a keg of gunpowder.”
He further called on his colleagues to be perturbed that the most pressing demand on the hand of every legislator and public officer in the country today is the rising number of Curriculum Vitae and application for employments from constituents and Nigerians.
He said that he is convinced that a situation where every graduate has to queue up for job only in government offices is an indication of the breakdown of the private sector, “which is the major driver of world economies.”
The Senator lamented that the energies and potential talents of youths that are lying idle and wasting away are usually misdirected toward many unprofitable and harmful ventures and lifestyles.
He further averred that the most active percentage of the nation’s population is forcefully caged by unemployment “from participating in the economic development of fatherland and from contributing toward the Gross Domestic Product (GDP).
“Aware that high level of crimes in any society are most times related to high rate of unemployment.
“That unemployment is one of the major causes of the upsurge in Rural-Urban migration, which puts pressure on facilities at the urban centers. “That unemployment is one of the major reasons insurgency, kidnaping, armed robbery, cybercrimes and other vices are on the increase.”
Ekweremadu recalled that various intervention programmes by successive governments targeted at “reducing youth unemployment and eradicating its co-traveler, poverty, have not yielded the desired results.”
In his contribution, Senator Istifanus Gyang (PDP, Plateau North), described unemployment as “a monster that, if we (Nigerians) are not careful, can consume us as a nation.”
On his part, Senator Olubunmi Adetunmbi (APC, Ekiti North) decried the inability of the private sector to address the escalating rate of unemployed persons in the country.
He argued that the government lacks the capacity to create jobs, “as doing so would create an expansion in the fiscal responsibility of government.” https://thenationonlineng.net/unemployment-senate-seeks-payment-of-stipends-to-jobless-nigerians/
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Romance › Zimbabwean Teen Girl Dies During Sex In Generator Room, Family Wants Bride Price by Islie(op): 5:51pm On Dec 10, 2019 |
. . . family demands bride price A Highfield form three girl is reported to have died on Saturday evening at PamaStones Shopping Complex in a generator room whilst having sex with a man only identified as John.
The Highfield High 1 School pupil, only identified as Daisy, is reported to have entered a generator room of a local bottle store at the complex with John for a ‘pleasurable moment’ which ended up taking her life.
John is said to be a tuck-shop attendant at one of the tuck-shops at the same complex. Daisy, who is said to be asthmatic, suffocated during the act due to the carbon monoxide produced by the generator.
John who is reportedly in hospital survived by a whisker after he was found gasping for air when people broke into the generator room after he had fallen on the power cable which cut off power in the bottle store.
“The guy was found gasping for air; people had to break into the generator room.
“He fell onto the power cable which disrupted power in the bottle store, so people rushed to the generator room only to find it locked and broke in and found the girl with no pulse but the guy still had pulse and was gasping for air.
“He had to be rushed to the hospital but I’m not sure which one,” said a source.
Another source revealed that the girl’s family were not taking the issue lightly and did not want to bury their daughter until the bride price has been paid.
“It is being said the girl’s family don’t want anything to do with the burial until John’s family pays bride price because John was already taking her as a wife by sleeping with her,” said the source. https://www.hmetro.co.zw/girl-dies-during-intimacy/
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Politics › Move To Pass Vote Of Confidence In Lawan Suffers Setback In Senate by Islie(op): 5:29pm On Dec 10, 2019 |
Sanni Onogu, Abuja
A motion seeking to pass vote of confidence in the leadership of the 9th National Assembly and the Senate President, Ahmad Lawan, suffered a setback in the upper chamber on Tuesday.
The motion which was contained in the Order Paper which lists the activities of the Senate for the day, was sponsored by Senator Kassim Shettima, representing Borno Central and co-sponsored by 35 other Senators.
However, when it was time for the motion to be debated, the Deputy Chief Whip of the Senate, Senator Aliyu Sabi Abdullahi, who stood in for the Senate Leader, moved a motion to stand down the motion and for it to be taken in the next legislative day.
Senator Abdullahi’s motion was seconded by the Minority Whip of the Senate, Senator Philip Aduda.
While Abdullahi did not give any reason for the abrupt decision to step down the motion, it was however learnt that some Senators who were listed as co-sponsors of the motion were not comfortable with their names being on the list.
Some of them were said to have protested to the Senate President, that they were not consulted before being listed as co-sponsors of the motion. Lawan was said to have directed that the motion be stood down to allow for further consultation, hence the motion by Abdullahi for it to be stood down.
Meanwhile, the prayers of the motion as contained in the Order Paper had called for special commendation for Lawan and equally urged all “Senators to endeavour to sustain the present goodwill of the Senate under the leadership of Senator Ahmad Lawan.”
The motion in another prayer further called on Nigerians and the Federal Government, “under the leadership of President Muhamadu Buhari, to support the 9th National Assembly in its determination to pass legislations that would impact meaningfully on Nigerians and take it to the next level.”
The motion was titled: “Vote of confidence in the leadership of the National Assembly.”
Shettima had called on the Senate to observe with satisfaction, the stability and unity of purpose witnessed by the 9th National Assembly under the leadership of Senator Ahmad Lawan since its inauguration on Tuesday, 11th June, 2019.
He noted “with much satisfaction” the modest achievement of the 9th National Assembly in the discharge of its constitutional responsibility “with much diligence and candour as exhibited by the Senate” through: “The realignment of the Budget Calendar to January-December budget cycle through the timely passage of the 2020 Appropriation Bill on Thursday, 5th December, 2019.
“The timely passage of the Finance Bill 2019 to drive the Fiscal Reforms as proposed for the 2020 financial year.
“The timely passage of the Public Procurement Act (Amendment) Bill, 2019 to reposition the procurement process.
“The timely passage of the Production Sharing Contract Act (Amendment) Bill, 2019 given its potential to impact on the revenue base of the Federal Government.
“Timely consideration/screening and confirmation of Ministerial Nominees to ensure immediate commencement and implementation of government policies in line with this administration’s agenda.”
Shettima urged the Senate to be impressed by the existing cooperation among all Senators and indeed members of the National Assembly in the interest of the nation and the improved Executive Legislative relation.
He called on the upper chamber to be “further impressed by the selfless and patriotic leadership of the 9th National Assembly generally to work for Nigeria and Nigerians in line with its Legislative Agenda.”
The Borno Central Senator called on the Senate to accordingly resolve to: “Pass a vote of confidence in the leadership of the 9th National Assembly and particularly commend the President of the Senate and urge all Senators to endeavour to sustain the present goodwill of the Senate under the leadership of Senator Ahmad Lawan; and to “Call on Nigerians, the Federal Government under the leadership of President Muhamadu Buhari to support the 9th National Assembly in its determination to pass legislations that will impact meaningfully on Nigerians and take it to the next level.” https://thenationonlineng.net/move-to-pass-vote-of-confidence-in-lawan-suffers-setback-in-senate/Lalasticlala |
Politics › Re: President, Govs, Others Face Fresh Hurdle On Election by Islie: 7:25am On Dec 10, 2019 |
Cc lalasticlala
Especially for those that will control the purse(wealth) of the Federation and states should at least have a certificate that is higher than SSCE or GCE |
Politics › Oshiomhole’s Fate: Governors Plot To Install Buhari’s Successor - Punch by Islie(op): 7:21am On Dec 10, 2019 |
.....We can’t shut govs out, says National Vice- Chairman .....‘ State chairmen ’ s meeting with Buhari to save APC chair ’ There are strong indications that some All Progressives Congress governors are plotting to seize the control of the party as part of efforts to install President Muhammadu Buhari’s successor in 2023 .
The PUNCH gathered on Monday that despite Buhari’ s meeting with the APC governors on Thursday and his discussions with the party ’s state chairmen on Friday , some governors were pressing ahead with the plot to remove the National Chairman of the party, Adams Oshiomhole .
It was learnt Oshiomhole ’ s fate was linked with the desperation of the governors to install Buhari’s successor and determine those who would succeed them .
The Chairman of the Forum of the APC State Chairmen , who is the party ’s Chairman in Zamfara State, Ali Bukar , had at the meeting with the President on Friday appealed to Buhari to caution the governors.
He had said, ” Let me also express our recent worries regarding the activities of some of the governors who are undermining the efforts of the national chairman of our great party, Adams Oshiomhole , to reposition the party by plotting his removal .
“ It is more worrisome knowing full well that they are not doing this because the national chairman is not performing his duties , according to the constitution , but they are fighting him due to their 2023 presidential ambitions when it is a notorious fact that Mr President had just commenced his second term in office a few months ago .”
A top member of the APC National Working Committee , who confided in The PUNCH on Monday , said that most of the party ’s ambitious governors were behind moves to remove Oshiomhole .
The source, who spoke on condition of anonymity for fear of retribution , said, “ Everything that is happening is all about 2023 . We know that these things are being propelled by the desire of governors to secure their political future post - Buhari, don’ t forget we are the ruling party and we are doing everything lawful to ensure it remains so beyond 2023 .
“ Outgoing governors want to pick those who will succeed them . They also want President Muhammadu Buhari’s successor to come from within their ranks and they hold the opinion that for this to happen , they need to control the party at all levels.
“ Whether you like it or not , any group , which controls the party at whatever level , has leverage over others . They know Oshiomhole is strong- willed so they want someone who they have a hold on to fit into their plans. That is all that is happening nothing more .”
Efforts to get a response from the Progressives Governors ’ Forum were futile . When contacted, the Press Secretary to the Kebbi State Governor , Abubakar Mua ’zu , said, “ His excellency ( Atiku Bagudu, Chairman , PGF ) is out of the state on an official assignment . I believe the PGF has a person who speaks for them , contact him .”
Calls to the mobile telephone of the Director -General of the PGF , Salihu Lukeman , were neither picked nor returned. A response to a text message sent to him on the subject was still being awaited as of 8 : 03 pm .
State chairmen’ s meeting with Buhari to save APC chair – Forum source
But a source in the APC governors’ forum told The PUNCH that Oshiomhole arranged the state chairmen ’s meeting with Buhari, as part of efforts to prevent his removal .
The source said , “ It is becoming increasingly clear to Oshiomhole that more governors were turning against him . A few weeks ago , five governors were supporting him . Even , a North -West governor , who was supporting him a few weeks ago , has abandoned him . At the last count , those supporting him are not up to four . ”
The director - general of the forum , had last month asked the national chairman of the party to convene a national executive committee meeting of the party or resign.
He had said that under Oshiomhole ’s leadership , the APC was battling with crises in Bayelsa, Anambra , Edo , and Ondo states.
Efforts to get the Chief Press Secretary to Oshiomhole , Simon Ebegbulem , did not succeed as he did not answer calls to his phone on Monday . He had also yet to respond to a text message sent to him as of 8 : 40 pm .
Also the APC National Publicity Secretary , Lanre Issa - Onilu, in a text message said he was in a meeting when called .
However, he had yet to reply a text message sent to him as of 8 : 40 pm .
We can ’ t shut govs out – National Vice -Chairman ( North )
But the National Vice Chairman ( North ) , Inuwa Abdulkadir, said, in an interview with one of our correspondents , that the APC could not shut governors out of the party .
He said, “ They are important stakeholders in any party . The stage we are democratically has shown how strategic governors are. Even as members of the National Assembly , you are elected from a state and the governor is the leader of the party at the state level . Party politics is about service and interests . This is normal in a democracy .”
On his part , the Cross River State Chairman of the APC , Mr John Ochala , in an interview with one of our correspondents , gave more insights into Buhari’s meeting with the party state chairmen .
He said, “ What took us there was to congratulate him on the party’ s victory at the Supreme Court . We also appreciated him for his efforts to put the economy together and also the degrading of insurgents as well as the fight against corruption. ”
Ochala added that the chairmen told the President that the party faithful were not happy that those who worked for the success of the party in the last general elections had not been compensated .
He stated , “ We urged him to try to compensate the party faithful . Finally , we frowned on some governors who are distracting the national chairman of the party because of their selfish ambition .
“ We said that the call for the removal of Oshiomhole was uncalled for . We told him ( the President ) that he should not listen to them and that it was a distraction ahead of 2023 . He ( President Buhari) should caution them . ”
Consultation delaying Edo, Cross River , Rivers APC peace committee
Meanwhile, the APC in the South -South has said it is still consulting members listed on the peace committee on the crises in Cross River , Edo and Rivers chapters of the party .
The APC National Vice -Chairman ( South - South ) , Chief Hiliard Eta , disclosed this in an interview with one of our correspondents on Monday . The party had at its November 28 emergency zonal meeting in Abuja agreed to raise the committee .
The meeting was called to appraise the performance of the party in the last general elections and the recent victory in Bayelsa State, among other issues .
Speaking with our correspondent, Eta said the list was ready but had not been made public . “ The list is ready but we have to make proper consultation with the members before we can release the list to the public ,” he said .
Eta stated that the party wouldn’ t want its efforts to go in vain so had ensured that members were men of proven integrity and active members of the party. https://punchng.com/oshiomholes-fate-govs-plot-to-install-buharis-successor/
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Politics › Muhammad Nami Biography, 11 Things To Know About Buhari’s Nominee To Head FIRS by Islie(op): 8:30pm On Dec 09, 2019 |
President Muhammadu Buhari has nominated Muhammad M. Nami as the new chairman of the Federal Inland Revenue Service (FIRS).
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said in a statement issued today that his nomination followed President Buhari’s approval of the composition of a new board for the FIRS subject to Senate confirmation.
Shehu said the former FIRS Chairman, Babatunde Fowler, whose term of office expired today, Monday, December 9, 2019, was expected to hand over to the most senior director on the board, who would take charge, pending the senate confirmation of the new board.
Here are few things you should know about the man who will take over as head of the FIRS from Fowler:
1. Nami is a well-trained Tax, Accounting and Management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies.
2. He has almost three decades of practical working experience in Auditing, Tax Management and Advisory and Management services to clients in the banking, manufacturing, services and public sectors as well as non- profit organizations.
3. He is an expert in rendering advisory support services to investors in respect of new business start-ups and management of existing businesses.
4. Nami has also continuously rendered outsourced services to clients in trading, service and manufacturing sectors of the nation’s economy.
5. He attended Bayero University Kano and Ahmadu Bello University, Zaria where he obtained a Bachelor’s Degree in Sociology (1991) and a Masters of Business degree (2004) respectively.
6. He is a fellow of Chartered Institute of Taxation of Nigeria, Institute of Debt Recovery Practitioners of Nigeria and Associate Member of Nigerian Institute of Management (Chartered) and Association of National Accountants of Nigeria.
7. Nami started his career with PFK in 1993 and rose to the position of a senior Consultant in charge of Tax management and advisory services.
8. He is currently the managing consultant of Manam Professional Services (Chartered Tax Practitioners and Business Advisers) based in Kaduna, Abuja, Niger State.
9. Mr Nami has served, and is still serving, on many companies’ Board and Statutory Board Audit Committees.
10. He was appointed as a member, Presidential Committee on Audit of Recovered Stolen Assets in November, 2017 by President Buhari.
11. He is married with children. https://www.dailytrust.com.ng/11-things-you-should-know-about-muhammad-nami-buharis-nominee-to-head-firs.html
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Politics › Dino Melaye: When Vibrant Husband Becomes House-boy To His Wife by Islie(op): 3:42pm On Dec 09, 2019 |
‘The state is captive to vested interests.” –Sanusi Lamido Sanusi Daniel Kanu
After all the political braggadocio and tragic comedy experiences that trailed his bid to return to the Senate in the just concluded Kogi West Senatorial election, Dino Melaye finally lost to his arch-rival, Smart Adeyemi, candidate of the All Progressives Congress (APC).
Dino and Adeyemi have both contested and occupied the seat for Kogi West in the Senate for 12 years. Adeyemi was first elected Senator in 2007 and served for eight years till 2015. Melaye replaced Adeyemi at the Senate after the 2015 election. Their rivalry again came to the fore during the 2019 election after which Dino was declared the winner until the tribunal and Supreme Court declared the election as null and void while ordering the INEC to conduct a new election for the office.
INEC said Adeyemi polled a total of 88,373 votes to defeat Dino who polled 62,133 votes in the re-run election that took place on November 16.
Dino, who is the candidate of the Peoples Democratic Party (PDP), said that the election was a charade, describing the results as “magic”, insisting that “anyone congratulating Adeyemi for the election amounts to congratulating an armed robber after a robbery operation.”
At a press conference in Abuja, last week, Dino accused Adeyemi and the Kogi State governor, Yahaya Bello of using violence, intimidation, and inducement to frustrate the electorate in areas where he was popular.
Since the announcement of the result, both candidates have been embroiled in a war of words as they fight dirty in media platforms.
Dino, who described Adeyemi as his ‘political wife’ did not chew back his words despite the fact Adeyemi has been sworn-in on Wednesday.
He had insisted that “Adeyemi remains my political wife. I won the election.”
Dino said he remains superior to Adeyemi on all fronts.
The former lawmaker said he sponsored over 200 bills during his four-year stay at the Senate compared to Adeyemi, who was there for eight years.
Adeyemi, on the other hand, said it is a shame that “an individual like Dino Melaye became a Senator in Nigeria.”
According to him, “I have a proven track record before I joined politics. Dino is just a thug on the streets of Abuja who joined politics and became a senator through corrupt means, flaunting exotic cars at the detriment of the people”.
He declared that by the latest defeat at the rerun election, Dino has become his political house-boy.
As things stand, the 9th Assembly will be sailing with vintage Dino missing in action, unless, the court decides otherwise.
The story of Dino is perhaps that of an eclectic personality that seamlessly navigated his way through the world of activism, patronage, and politics, capturing the minds of Nigerians with his actions, and sometimes inaction.
As a lawmaker, Dino has been perceived as one that has pushed his destiny through sheer resilience, determination, perseverance, courage and some time with brute force.
From a mere student agitator to higher activism and to the Green Chambers before stepping up to the Red Chambers, Dino, hate him or like him, has remained fascinating, sometimes enigmatic.
He became the unofficial defender of Patricia Etteh, Speaker of the House of Representatives then, taking the bullets for her when most lawmakers, even some of her friends in the chamber, deserted her during her impeachment brouhaha.
By the time Etteh had vacated her position, it was a Dino that was left at the mercy of his colleagues and to reclaim his legitimacy as an honourable member, he had to employ different surviving mechanisms, including fighting physically.
In one of these infamous outings, Dino was reduced to unclothedness as every piece of clothing on him was shredded in rags. And this followed with eight months suspension from the House.
As a Senator in the 8th Assembly, Dino became more daring than ever. With the unpopular emergence of Senator Bukola Saraki as Senate President as against the wishes of his party, Dino assumed the position of a defender, attacker, and striker for Saraki. He was firing from all cylinders. No one was spared in his protection of Saraki’s territorial dynasty as he played the undertaker.
So daring and impulsive was Dino that he almost beat up Senator Remi Tinubu, wife of the National leader of the APC, Asiwaju Bola Tinubu, threatening to put her in the family way.
From every corner, Dino was perceived to be fighting everyone, including the police, sometimes to seek for justice, sometimes to create entertainment as a fun-loving man.
At a point during one of his arrests, he jumped out of a moving police van, at another point you found him recording and dancing to his music that he posted on social media platforms.
There was what perhaps seemed like a hilarious drama when it was reported that Dino on one occasion had to climb a tree to save himself from kidnappers.
So notorious was his fight that he did not spare even President Mohammadu Buhari.
It is believed that during the 2018 Budget presentation, Dino was alleged to have led the booing gang that jeered and humiliated President Buhari.
Some political watchers say he bit more than he could chew with some of his actions that put him on the watch-list of those to be decapitated politically.
It is believed in some quarters that his gutter fight engagement with his governor, Yahaya Bello, another young man with pulsating energy to fight dirty, was his greatest undoing.
The question is: Can Dino stage a comeback politically?
Perhaps, Abdullahi Haruna, Public affairs commentator, captured it best: “Take a bet, the Dino Melaye I know, a perilously intelligent, an uncommon fighter defined in sheer doggedness will bounce back again. He has defined an impenetrable template of survival. I dare to say that Dino has broken the ceiling of limitations”.
Dino Melaye was born on January 1, 1974. He attended Command and Air Force Secondary School, Kaduna for his secondary school education. Dino graduated from Ahmadu Bello University, Zaria where he studied geography in 2000. He later studied law and has attended various training at different institutions outside the country. https://www.sunnewsonline.com/dino-melaye-when-vibrant-husband-becomes-house-boy-to-his-wife/
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Politics › Nigeria, Iran In Fresh Talk Over El-zakzaky by Islie(op): 3:20pm On Dec 09, 2019 |
Nigerian and Iranian governments are holding fresh talks on the leader of the Islamic Movement of Nigeria, IMN, Ibraheem El-Zakzaky.
Iranian Foreign Ministry spokesman, Seyed Mousavi, on Sunday, told the FNA that negotiations are on with Nigerian officials on how to improve the conditions of El-Zakzaky who has been in jail for the past four years.
He said the Iranian Vice President for Economic Affairs, Mohammad Nahavandian, met with President Buhari in Malabo, Equatorial Guinea, on El-Zakzaky’s case.
The recent meeting, he said, took place on the sidelines of the fifth Summit of Gas Exporting Countries Forum held in Equatorial Guinea.
Mr Mousavi said, “The two sides spoke of mutual economic relations, regional and international affairs, as well as El-Zakzaky in this meeting.
“The Islamic Republic, in the held meetings with the Nigerian side in Tehran and Abuja, is negotiating Zakzaky issue to follow up the improvement of his conditions.” A Nigerian High Court had, on December 5, ordered the Department of State Services to transfer the cleric and his wife, Zinat, to the Correctional Centre in Kaduna State.
The IMN leader and his wife are standing trial over allegations of culpable homicide, unlawful assembly and disruption of public peace, among other charges. https://dailynigerian.com/nigeria-iran-in-fresh-talk-over-el-zakzaky/Lalasticlala |
Politics › How Kwara Governor, Speaker Escaped EFCC Investigation by Islie(op): 9:06pm On Dec 08, 2019 |
More facts emerged at the weekend on how Governor Abdulrahaman Abdulrazak of Kwara State and the Speaker of the State House of Assembly, Yakubu Salisu Danladi, escaped being implicated in the ongoing probe into the N200 million allegedly shared among some aides of the governor by the former chairman of the Kwara Inland Revenue Service (KWIRS), Prof. Murtala Awodun.
The Economic and Financial Crimes Commission (EFCC) had invited the Chief of Staff to Governor Abdulrazak, Alhaji Aminu Logun, because Awodun had claimed that he gave him some money to help influence the extension of his tenure as KWIRS chairman.
This was shortly after Logun was named the chairman of the Transition Committee 2019 and was believed to have some influence on the then governor-elect. Logun has since refuted the allegation.
Although Governor Abdulrazak was said to be in the dark about the deal, Sunday INDEPENDENT gathered that Awodun actually approached Danladi for assistance because of his closeness to the governor.
But, Danladi was said to have rejected the offer because that would have prevented him from becoming the Assembly Speaker.
A source in the ruling All Progressives Congress (APC) in the state said those linking AbdulRazaq to the alleged corruption were “either mischievous or were not thinking through their utterances.”
“If Awodun had indeed given money to AbdulRazaq for election as is being alleged, why would the same governor not retain him as KWIRS chairman as a payback? And how can anyone even think that such a thing can ever happen in a parastatal where Senator Bukola Saraki had so many grips?
“What happened was that Awodun was trying to remain there and he met with anybody who he felt could help him,” he said.
The source said Awodun originally wanted to be the vice chancellor of the Kwara State University (KWASU), a position for which he had been pencilled down by former Governor Ahmed Abdulfatai. He was said to have been edged out by some rules and forces.
“But, the plan failed as a result of internal power struggle within the Peoples Democratic Party (PDP) then. That was not helped by the election outcome in March. So, the man felt he should just try to retain his seat in order to protect himself and other powerful interests from probe,” he added.
Unlike in the case of the N5 billion KWIRS allegedly shared among some former members of the House of Assembly in which the EFCC had confirmed invitations to some persons, the anti-graft agency did not confirm or deny the invitation of the Chief of Staff and others said to have been questioned in relation to the Awodun’s tenure extension bid.
However, all the sources said the tenure of Awodun saw daring misuse of public funds to oil the defeated political machine.
Another source said Logun was not alone in the messy situation as some other top politicians and influence-peddlers were also implicated by Awodun’s confession.
“We have taken statements from Logun, just like some other persons too. This has nothing to do with election. It was about how the former KWIRS chairman was trying to influence his reappointment with public funds,” the source said.
“Clearly, none of the influence-peddlers was able to influence the governor. The man was eased out of the job and the rest is history. We are still investigating some of the discoveries in this regard,” he said.
While admitting to have been invited by EFCC, Logun, however, claimed that the commission only wanted him to shed light on matters pertaining to an ongoing investigation.
“First and foremost, I will like to state that I truly visited the Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) as part of an ongoing investigation into the activities of some past officials, including the former chairman of the Kwara State Internal Revenue Service (KWIRS).
“Save for public officials with immunity under our law, every public official has an obligation to the state to assist in the investigation of any crime. I am no exception, hence my first and only appearance on November 26, 2019 to answer the EFCC summon to volunteer information as I know it.
“However, my visit to the EFCC has been given several misleading interpretations, especially on the social media where some persons are unfairly using that to smear my hard-earned image. I understand this is one of the burdens of being in public office.
“I state unequivocally that at no time did Prof Awodun give me any money for the claimed purpose or for any other purpose whatsoever.
Similarly, I was not involved in any funneling or distribution of money from KWIRS and/or any other source for any political campaign or political party. All the stories and theories in the media concerning those allegations are baseless and totally untrue.
“I have instructed my lawyers to review the false publications with a view to taking legal actions as may be appropriate.
“I remain humbled by and grateful to the Executive Governor of Kwara State, Mallam Abdulrahman Abdulrazaq, for the trust reposed in me as the chairman, Kwara State Transition Committee 2019, which was further concretised by my appointment as the Chief of Staff to the executive governor.
“I remain very proud of the giant steps and achievements of the executive governor since he assumed the reins in Kwara State and shall continue to dutifully support His Excellency in advancing the Kwara Project for the betterment of the good people of Kwara State.
“I am also of one mind with His Excellency that the task at hand is much too important for us to succumb to sponsored fabrications that are patently designed to distract and cause disaffection,” he said.
Investigations by Sunday INDEPENDENT revealed that there were more inclinations in Ilorin to see that the matter would go beyond both Logun and Awodun.
Abdulfatah was, howeve, unavailable to respond to the allegation, as an aide to the former governor who begged not be mentioned in the matter, said that it was “complicated” and would not want to be mentioned at all in the case. Though the former governor travelled out of the country, the aide said his boss had nothing to hide. https://www.independent.ng/how-kwara-governor-speaker-escaped-efcc-investigation/Lalasticlala |
Politics › Re: PDP Alleges Plot To Upturn Makinde’s Victory At Supreme Court by Islie: 8:46am On Dec 05, 2019 |
helinues: But you are not new on NL now.. You supposed don know the guy with his yeye comments I was angry when he wants to impose a puppet and evil party on we the good people of OYO state |
Politics › Moody’s Changes Nigeria’s Ratings From Stable To Negative by Islie(op): 8:43am On Dec 05, 2019 |
•Affirms ‘B2’ ranking •Says Nigerian banks’ reducing NPLs lowers capital erosion risk Obinna Chima
Moody’s Investors Service, one of the global credit rating agencies, wednesday changed its outlook on Nigeria’s ratings to negative from stable.
Concurrently, Moody’s affirmed its B2 long-term local and foreign currency issuer ratings, the B2 foreign currency senior unsecured ratings, and the (P)B2 foreign currency senior unsecured MTN programme rating on the country.
According to the rating agency, the negative outlook reflected Moody’s view of increasing risks to the government’s fiscal strength and external position.
It explained: “Already weak government finances will likely weaken further given an extremely narrow revenue base and persistently sluggish growth that hinders fiscal consolidation.
“As pressures mount, there is a risk that the government resorts to increasingly opaque and costly options to finance a moderate but rising debt burden.
“Moreover, vulnerability to an adverse change in capital flows is building in light of Nigeria’s increasing reliance on foreign investors to fund the country’s foreign exchange reserves.”
Furthermore, it pointed out that Moody’s decision to affirm the rating at B2 recognized a combination of credit strengths, including the country’s large and diversified economy supported by vast oil and gas endowments, notwithstanding persistent credit weaknesses such as its very weak institutions and governance framework and in particular poor public finance management.
“Concurrently, Moody’s has maintained Nigeria’s country risk ceilings at their current levels: Foreign Currency bond ceiling at B1, Foreign Currency deposit ceiling at B3, and Local Currency bond and deposit ceilings at Ba1.”
Moody’s also said the drastic reduction in Nigerian banks’ non-performing loans (NPLs) will help in reducing the risk of capital erosion from unexpected losses and lessens the need for loan loss provisions.
Nigerian banks’ NPLs reduced to 6.6 per cent at the end of October compared to the 14.1 per cent it was in 2018.
This was the first time the NPLs would drop to a single digit in the past 42 months.
But the rating agency’s banking analysts, Mr. Peter Mushangwe, in a note obtained by THISDAY yesterday, described the development as credit positive.
“The Nigerian banking system’s non-performing loans ratio reduced to 6.6 per cent at the end of October from 14.1 per cent a year earlier, according to the central bank. This is credit positive, as lower NPLs reduce risk of capital erosion from unexpected losses and lessen the need for loan loss provisions. The improvement in asset quality is mainly due to banks’ growing loan books, write-offs and successful workout of exposures,” he stated.
Moody’s has maintained a stable outlook on the Nigerian banking system.
“Our view reflects the banks’ resilient capital buffers and their stable deposit bases. Although Nigerian banks’ asset risk and profitability will remain key rating challenges, we expect these challenges to gradually ease in 2020 as the economy improves further,” the agency added.
It predicted that economic growth would be modest as the real Gross Domestic Product (GDP) would expand to 2.3 per cent in 2019 and 2.8 per cent in 2020, up from 1.9 per last year. However, it noted that the GDP projection would be well below the level required to improve Nigerians’ living standards.
It said: “Lending growth will recover in the second half of the year following a contraction in 2018, but it will remain subdued and will not appreciably boost banking revenue.
“The Nigerian economy will remain vulnerable to oil price movements. Loan quality pressures will ease but remain banks’ main weakness.
“Higher oil prices will constrain new NPL formation while high loan-loss reserves will allow banks to write off some of their bad debts.
“These credit positives will be moderated by lingering risks from high loan concentrations and high delinquency levels. Capital buffers will remain stable.
“System-wide tangible common equity will be stable at 16 per cent of risk-weighted assets at year-end 2018, which will be sufficient to absorb losses under our baseline scenario.”
A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), Prof. Adeola Adenikinju, had said the financial systems indicators were in the right direction.
He noted that unemployment, poverty and weak growth were major structural problems in the economy, saying that unfortunately, there was a limit to the potency of monetary policy alone to address problems of power deficit, infrastructural gaps and other factors contributing to high costs of doing business in Nigeria.
These problems, unless addressed, would also limit the extent to which the country can effectively benefit from the Africa Continental Free Trade Agreement (AfCFTA), he said. https://www.thisdaylive.com/index.php/2019/12/05/moodys-changes-nigerias-ratings-from-stable-to-negative/Lalasticlala |
Politics › Re: PDP Alleges Plot To Upturn Makinde’s Victory At Supreme Court by Islie: 6:34am On Dec 05, 2019 |
MelesZenawi: Supreme Court should just hand OYO to APC
So that Yorubas can have peace and stop disturbing makinde..
Let the judgement be up turned. Who is this |
Education › Federal University, Lafia: Sex Scandal, Islamic Agenda Allegations by Islie(op): 6:23am On Dec 05, 2019 |
Outrage as sex scandal, Islamic agenda allegations rock Federal University, Lafia •They’re not true -PRO Linus Oota, Lafia
A sex scandal has exploded at the Federal University Lafia, Nasarawa State, as a student in the Department of Computer Science is alleged to have impregnated a female lecturer in the department.
Allegations are rife that the Vice Chancellor, Prof. Muhammad Sanusi Liman, is shielding victims to save the integrity of the institution.
The VC is alleged to have unilaterally sacked a staff, Mr. Jibrin Osajibo, without query or approval of the governing council for blaming the him over his role in certain rots going on in the institution under his watch.
Prof. Liman, who was appointed in February 2016, has also been accused of promoting an ethnic agenda by sacking foundation staffs of the university who are not indigenes of the state without any justifiable reason.
Our correspondent authoritatively gathered that the recent casualties of the VC axe are Mr Ekarete Akpadion and Christian Moris, both from Cross River State who were sacked in the last two months and replaced with the VC’s biological children.
There is a notion in the state that he has embarked on a studied religious purging, especially those not from the state.
Speaking to our correspondent on condition of anonymity, a key principal officer of the university said the VC is faithfully implementing Islamic war of conquest.
“There is a considerable stir among Christians because the VC is an agent of predetermined political agenda, a syringe that was carefully chosen by the Muslim oligarchy in the state to Islamise the university,” the source said.
He claimed the VC’s appointment was in violation of the NUC guildlines which state that you must be 10 years at the professorship. “He was just eight years when he was appointed to implement this agenda. Under him, the hostility against Christians is intense and the system has gone down, the standard has kept depreciating since he came into office, there are high cases of admission racketeering.
“Th university under his watch had been steeped in scandalous admission racketeering, sexual abuses as well as certificate scandals…
“Staff recruitment, promotion and appointment as well as admission are done based on religious and indigenous consideration and any attempt to complain will earn you a sack.
“Eighty per cent of students on admission since he came in 2016 are Muslims and only Muslims are recruited as lecturers at the expense of merit and fair-mindedness.”
But speaking to our correspondent, the Public Relations Officer of the University Abubakar Ibrahim dismissed all the allegations.
He explained that the governing council of the university has the power to appoint anybody as vice chancellor and not the NUC, noting that the VC cannot sack any staff without the approval of the governing council.
He said the council has not sat in recent time. https://www.sunnewsonline.com/outrage-as-sex-scandal-islamic-agenda-allegations-rock-federal-university-lafia/
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Phones › Why Nigeria Should Not Miss Out From 5G Oppourtunities by Islie(op): 9:18pm On Dec 04, 2019 |
Chinenye Anuforo
Despite the fact that 44 percent of mobile subscribers in the country are still on 3G service and about four percent are using 4G as contained in the Jumia 2019 mobile report, it is still imperative that Nigeria embraces the 5G technology.
The above is the position of Information and Technology experts who spoke exclusively to Daily Sun.
According to them, offering significant improvements over previous generations, the fifth generation (5G) of cellular technology can certainly not be ignored.
They argued the essence of 5G adoption is to ensure the country is not left behind in the digital age adding that, it is not about simply participating in a rat race. “There must be purpose and direction. As various issues and possibilities emerge, the question is how will Nigeria use 5G? Critical to improving the level of preparedness entails having an inclusive multistakeholder plan. It should entail how 5G networks will be launched to work alongside existing older generation networks.”
What is 5G?
5G, the fifth generation of mobile wireless communications promises to lower latency, offer greater stability, the ability to connect many more devices at once, and move more data due to its fast speed. These features have the potential to improve businesses and that’s one of the reasons 66 percent of enterprises plan to deploy 5G by 2020, according to a study by Gartner.
Ultimately, 5G takes advantage of higher-frequency bands in the radio spectrum that has high capacity but shorter wavelengths. Cisco estimates that by 2020, 5G will generate three times more traffic than the average 4G connection and those connections will make up three percent of total mobile connections.
Many industry experts believe that 5G networks alongside existing 4G LTE networks will be 10 to 20 times faster than 4G when fully deployed in the real world. Standalone, 5G could reach gigabit-plus browsing speeds, making mobile internet as fast, if not faster, than hardwired fiber connections.
According to Jide Awe, an IT expert, much of the attention on 5G comes from a realisation that it will distinguish countries in the new digital economy.
He said, “For Nigeria, leveraging on 5G can improve competitiveness and create immense possibilities in innovation and transformation towards building a new digital economy.”
Although Nigeria still has challenges in telecom infrastructure provision, Awe argued that 5G offers huge potential for new unexplored growth areas. “The ongoing trial of 5G is a good start. The trial should be used to explore use-cases and applications in Nigeria, especially those that have not been practical due to limitations of existing networks,” he said.
He stated that, the eventual full-scale rollout of 5G demands huge investment to design. “It is impossible to overemphasise the need to create an environment in the entire telecom space (5G and existing networks) that enables investment and deployment. Critical aspects such as access of providers to equipment, support of investment, partnerships and facilitating infrastructure rollout should be addressed.”
Awe added that the recent draft Executive Order declaring telecommunications infrastructure ‘a critical national infrastructure’ is a welcome development.
“Closing the digital inclusion gap is a major concern. Broadband penetration needs to be improved. Even without 5G, large segments of the population are still unable to benefit from the digital revolution due to lack of access to reliable internet services. Those issues hindering broadband rollout throughout the country still need to be addressed. States should become smart states that foster and encourage infrastructure rollout; they should not hinder or constitute roadblocks.
“The plan should consider privacy and security implications of 5G. With the increased speed and improved connectivity, security concerns need to be considered. In the new digital economy, protecting our information and security should be prioritised. Furthermore, effective 5G adoption requires meaningful capacity building. There should be focus on building capacity towards smooth implementation and sustainable operations and growth,” he said.
The Chief Executive Officer, Internet Exchange Point of Nigeria (IXPN) and President, Nigeria Internet Registration Association (NiRA), Muhammed Rudman, said Nigeria needs to follow the global trend. He said even though some places in Nigeria currently have only 2G and 3G, there is need to follow global trends in order not to be left out. “Most areas don’t have the internet access to 4G. Even in Lagos, not all the areas have 4G network but the reality is, we need to follow the global trend because technology constantly evolves,” he said.
Rudman stated that because Nigeria did not succeed in the initial technology evolution doesn’t mean it shouldn’t try and catch up with the next wave.
Ahead of 2020
Ahead of the 2020 set date for the roll out of 5G networks in Nigeria, the Nigeria Communications Commission (NCC) said it will look at three strategic areas of interest that will be beneficial to the country and Africa. These areas of focus include enhanced mobile broadband applications, the low ultra-reliable, low latency applications, and the Machine to Machine application.
According to NCC, Nigeria and other parts of Africa will subscribe quickly to the enhanced mobile broadband application. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, said the reason for this is because African countries are trying to roll out broadband infrastructure for broadband applications. “This will spur us on to ensure we put in place the necessary infrastructure,” he said.
In terms of readiness of the continent for 5G evolution, Danbatta said Nigeria and other countries within Africa are trying to reserve the spectrum for the roll out of broadband services. Specifically, Danbatta said in Nigeria, the focus is on 26, 38 and 42 GHz. He noted that these frequencies exist and are not licensed for any other application.
Just recently, by working with Huawei, MTN had 5G demo trial. At the trial, the first in West Africa, the operator was able to provide a glimpse into a range of 5G use cases and applications at a test Lab designed to show proof-of-concept.
MTN explained that 5G will enhance technological development because of the extremely fast transfer rate of large quantities of data. The firm said 5G is designed to keep self-driving cars aware of one another, stream virtual and augmented reality experiences; allow delivery drones to function safely and efficiently. Overall, it enables interconnected devices for instant communication.
Managing Director of Huawei Technologies Nigeria, Zhang Lulu, has said that with the new 5G network, telecommunications subscribers in the country can experience the fastest internet and mobile connectivity.
Lulu said Huawei’s partnership with MTN would enable the telecom firm serve its subscribers with advanced technologies for the future. He said the trial demonstrated the capability of the new technology while giving consumers a glimpse of what the future holds, due to its low latency rate.
“Huawei will keep supporting MTN through its challenges and requirements, providing the most innovative product and solution for MTN, bringing the ultimate experience to the subscribers,” the MD said.He noted that the firm was leading the 5G rollout globally, despite issues with the United States ban with more than 60 commercial contracts and shipment of over 400,000 base stations.
Chairman, MTN Nigeria, Dr. Ernest Ndukwe, said the 5G technology would improve operations and provide efficiency for security equipment. According to Ndukwe, all security concerns over the 5G network will be taken on board when the roll out starts properly. His words, “I am happy today that Nigeria is leading in demonstrating the 5G network. In due course, rules of engagement would be provided and that will enable us ensure that things are done in the way that is in line with the aspirations and requirements of the country. “5G has a lot of potentials. For instance, the technology will provide efficiency for equipment like drones, and the possibilities are unimaginable.” https://www.sunnewsonline.com/why-nigeria-should-not-miss-out-from-5g-oppourtunities/Lalasticlala |
Crime › Two Die, Many Injured As Rival Cults Battle For Supremacy, Loot Shops In Lagos by Islie(op): 10:02pm On Dec 03, 2019 |
Two persons were said to have died and several others wounded in a bloody war that erupted between two rival cult gangs in Ijora Badia area of Lagos state on Tuesday.
The cult gang members, Aiye and Eiye, have been at war for quite a while now, Daily Trust gathered.
Tuesday’s clash saw the hoodlums carting away mobile phones and accessories from looted shops while passersby were also attacked by the urchins.
It was learnt that shops looted include E-Plus Global Communication Ltd located along Fadaini Road.
Baale, Ireti Owoseni and Railway line roads were deserted as residents including mobile traders scampered for safety.
The attack, which climaxed this evening, started from Fadaini road and Oke-Eri Community, and later spread to other areas.
It was learnt that the rival gangs had engaged themselves in a bloody war since last Sunday. The rival groups identified as Suara and Railway boys, according to our reporter’s findings are members of the “Aiye” and “Eiye” Confraternity.
According to witness account, the Railway boys, who are mainly of “Aiye” confraternity had killed one Akin Ajayi (a.k.a Akile), who was butchered during a clash on Sunday night at Baale street. Identified as the ring leader of “Eiye” Confraternity in the area, he was said to have been matcheted severally on his head and stomach, leading to his death.
Consequently, his members were said to have mobilized themselves and headed to the base of their opponent in Railway area, where an innocent person was shot dead during a cross fire.
It was reliably learnt that his corpse was removed and deposited in a public morgue by police operatives from Badia Police Station. Not satisfied, the Saura boys, accordng to the source, stormed Railway line around noon today to retaliate the killing of their leader.
Our correspondent gathered that they were however repelled by some soldiers attached to the workers of China Civil Engeering and Construction Company working on the Iganmu railway track.
Afterwards, some of them numbering about 20, led by boys identified as Tobi and Yomi Idowu, Biliamin and others proceeded to some shops at Oke-Eri community, where the shop of one Mrs. Adenike Odusola was vandalized and goods worth thousands of Naira carted away.
They further proceeded to Fadaini Road where they carted away mobile phones, accessories and other items estimated to worth about N1million.
Other adjoining shops were also said to have been attacked by the hoodlums where they made away with yet to be estimated cash and goods.
Our correspondent who visited the area at about 3:00pm sighted the DPO Badia Division and his operatives at the extreme end of Baale street dismantling the wooden bridge through which the miscreants link themselves.
Also, at the police station, our correspondent sighted Mrs. Odusola who was filing a formal complaint about the looting of her shop.
In a telephone chat, the police spokesman in Lagos state, DSP Bala Elkana, said he was yet to be briefed on the incident and asked our correspondent to call back. He’s yet to return the phone as at the time of filing this report. https://www.dailytrust.com.ng/two-die-many-injured-as-rival-cults-battle-for-supremacy-loot-shops-in-lagos.htmlLalasticlala |
Politics › Buhari Inaugurates Made-in-nigeria War Vehicle (photos) by Islie(op): 9:50pm On Dec 03, 2019 |
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Travel › Free Lagos-ibadan Train Rides Record 6 Passengers In 2 Trips (pic) by Islie(op): 3:45pm On Dec 03, 2019 |
https://cdn.dailytrust.com.ng/wp-content/uploads/2019/12/IMG-20191203-WA0004-768x576.jpg Two passengers boarded yesterday (Monday) from Lagos around 4 pm while the train arrived Iju today with just four passengers making only six passengers who have so far taken advantage of the free ride.
Hours after federal government declared free train rides between Lagos and Ibadan on the new standard gauge train, only six passengers have boarded the train in two separate trips.
Transport minister Rotimi Amaechi had declared the free ride on Saturday after a test-run of the train from Iju in Lagos to Ibadan, Oyo state where the 157-kilometer project terminates.
Though the project is yet to be completed, the government commenced operations on the Iju-Ibadan axis where rail tracks have been completed while finishing touches are being put on the stations.
Managing Director of the Nigeria Railway Corporation (NRC), Fidet Okhiria had said two luxury coaches would be deployed on the standard gauge daily, adding that because of the limited space, only about 60 to 80 people will be able to benefit from the free ride on first come, first served basis.
However, for the two days that the service commenced, only six passengers used the free train service. Two passengers boarded Monday from Lagos around 4 pm while the train arrived Iju today with just four passengers making only six passengers who have so far taken advantage of the free ride.
An NRC official who refused to be named said the Corporation is optimistic that more passengers would turn up before the week runs out. https://www.dailytrust.com.ng/free-lagos-ibadan-train-rides-record-6-passengers-in-2-trips.html |
Business › $60b Forex Cash Kept Naira Stable For 29 Months, Says Emefiele by Islie(op): 8:28am On Dec 02, 2019 |
Collins Nweze
THE $60 billion inflow from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has been identified by Central Bank of Nigeria (CBN) Governor Godwin Emefiele as one of the policies that sustained the stability of the naira. Speaking at the 54th Annual Bankers Dinner in Lagos at the weekend, Emefiele said that as part of the bank’s priorities for next year, the regulator was determined to maintain its stable exchange policy stance in the near to medium term given the relatively high level of reserves.
Emefiele, who spoke on the theme: “Delivering a strong Sustainable Growth for the Nigerian Economy”, said the Investors’ and Exporters’ Forex Window has attracted over $60 billion worth of transaction since the inception of the window in April 2017, adding that the inflows has supported naira’s stability.
He said: “With a moderated inflation rate, positive Gross Domestic Product (GDP) growth and improvements in our external reserve position, the naira-dollar exchange rate at the I&E Forex window has remained stable for the past 29 months at N360 – $1 and we have witnessed significant convergence in the exchange rate across the various market windows. Local currency has also remained at N306 to dollar at the official market.”
Emefiele said the headline Inflation declined from its high of 18.7 per cent to 11.08 per cent in August 2019.
The CBN boss said: “We recently noticed an uptick in headline inflation, which stood at 11.61 per cent in October 2019, partly driven by cost – push factors such as the recent border protection measures of the Federal Government. “We believe this effect will be temporary, as efforts are currently being made to induce greater production of staple food items.
However, core inflation as at October 2019 is now under nine per cent. This decline in inflation has been due to our maintenance of a tighter monetary policy rate at 13.5 percent, and improved inflow of foreign exchange.
Besides, the forex reserves remained above $40 billion as at October, relative to its low point of $23 billion in October 2016. We have been able to build our reserves in the midst of lower oil prices, as strong reserves aid the confidence of domestic and external investors. Today, our current stock of external reserves is able to finance 9 months of current import commitments.
Emefiele also listed the bank’s other priorities for 2020 to include support for greater economic growth, price stability and low inflation, even as he hinted on the continued tight monetary policy stance of the bank and the establishment of a Bankers’ Charitable Endowment Fund.
The CBN governor announced the establishment of a Bankers’ Charitable Endowment Fund that will fund a major charitable initiative every year starting in 2020. According ‘to him, the endowment will directly fund strategic social programmes in states and local communities across Nigeria.
He expressed the hope that the Fund would spur a trend across other industries and sectors to collaborate and work together to better the lives of all Nigerians.
Speaking on economic and financial sector developments and how they affect the macro-economic outlook for 2020, he said in spite of the positive growth the economy experienced, growth had remained slow due to “some structural constraints in the economy”.
According to him, the pace of growth, given Nigeria’s growing population, exposed the economy to shocks, such as changes in the oil price, and sentiments in the global financial markets.
Disclosing plans by the apex bank to support the economic recovery and enable stronger growth for the country’s GDP, he said that the Bank would continue its current tight stance, particularly in view of rising inflation expectations.
“Though we will act to appropriately adjust the policy rate in line with unfolding conditions and outlooks, the CBN will continue to ensure that the policy interest rate is delicately set to balance the objectives of price stability with output stabilisation,” he explained.
Doing a recap of the outgoing year’s highlights, Emefiele recalled that the country’s Gross Domestic Product (GDP) remained positive, adding that the positive growth in GDP had been driven by improvements in Agriculture, Oil and Gas, Manufacturing and ICT as well as the intervention programmes of the CBN, along with sustained supply of foreign exchange and stability of the naira.
The governor also highlighted the bank’s effort in development financing, which, he said, the CBN had sustained in order to help support growth in critical sectors of the economy such as agriculture and the manufacturing sectors, through programmes such as the Anchor Borrowers’ Programme, the Commercial Agriculture Credit Scheme and the Bankers Committee Agri-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS).
Alluding to the economic face-off between some countries, as well as the likely challenges the economy could face due to moderate oil prices, he stressed the need for Nigeria to build up the necessary buffers that would protect the economy from pressures in the global market. He then restated the need to boost local production and diversify the country’s export base.
Emefiele stressed: “We should encourage Nigerians to consume goods that can be produced in Nigeria, knowing full well that a time will come when we may not have the foreign exchange to aid such activities, if we continue to rely on earnings from the export of crude oil,” he emphasized. https://thenationonlineng.net/60b-forex-cash-kept-naira-stable-for-29-months-says-emefiele/Lalasticlala |
Politics › Hadi Sirika Shuns Buhari’s Directive On Boards’ Inauguration, 2 Years After by Islie(op): 7:55am On Dec 02, 2019 |
Lagos – Four years after the current administration came onboard in the sector, Sen. Hadi Sirika, the Minister of Aviation, is yet to inaugurate board of directors of agencies under the ministry, despite their appointment and approval.
About two years ago, President Muhammadu Buhari approved the appointment of board of directors of five out of the six agencies in the sector, while Comrade Adams Oshiomhole, national chairman, All Progressives Congress (APC), also gave a deadline for the inauguration of the board members over a year ago, but despite the approvals and directives, Sirika is yet to inaugurate the board members.
The agencies with board of directors, according to the Acts setting them up, are the Nigerian Airspace Management Agency (NAMA), Federal Airports Authority of Nigeria (FAAN), and the Nigerian College of Aviation Technology (NCAT).
Others are the Nigerian Meteorological Agency (NiMET) and the Nigerian Civil Aviation Authority (NCAA), while the Accident Investigation Bureau (AIB) does not have a board of directors.
It was gathered that the Act setting up NCAA stipulated the appointment of professionals as chairman and members of the board, as well as representatives from three ministries.
A source close to the Ministry of Aviation, over the weekend, told our correspondent that the inauguration of the boards was stalled by Sirika who claimed that their compositions and appointments negated the Acts setting up some of the agencies.
It was learnt that the minister said that the Acts establishing the agencies stipulated the qualification of the persons to be appointed into the boards, a requirement he alleged the Federal Government did not consider when announcing their compositions.
Besides, another source in one of the agencies confided in our correspondent that “some people in the ministry are not comfortable with having a board to direct their affairs, rather they want to be the only ones regulating and controlling activities in the agencies without supervision”.
Also, the agency source added that if the composition of the appointees negated the Acts setting up some of the agencies as claimed by the minister, he ought to have officially met with the appropriate authorities to address the perceived challenge in the composition, saying that the minister had always been reluctant to inaugurate the board members.
Some of the stakeholders spoken with by our correspondent said the non-inauguration of the boards would have a grave effect on the agencies as the chief executive officers (CEOs) had a limit of what they could spend without recourse to the board of directors.
Comrade Olayinka Abioye, the immediate past General Secretary of the National Union of Air Transport Employees (NUATE), in a recent interview with our correspondent, said that the non-inauguration of the boards indicated that something was actually wrong in the sector.
He insisted that since the Acts setting up the agencies stipulated that they should have board of directors, the minister ought to have set up the boards immediately they were appointed.
He said the minister might have willfully delayed their inauguration in order to continue to have influence in the agencies.
He said: “The implication is that the minister wants to still control the happenings in the parastatals. You are aware that by the Acts establishing these agencies, they are supposed to report to a board and, in the absence of a board, the minister takes charge.
“So, if the minister has the audacity to set aside the directive of Mr. President, it goes to show that something is definitely wrong with our system.”
Besides, Group Capt John Ojikutu (rtd), aviation analyst, in a recent interview, observed that it was not the first time the directive of President Buhari would not be implemented by the ministry.
Ojikutu cited the directive to NAMA on the agency’s taking over of the country’s territorial water from Accra, Ghana, and the directive to NCAA to carry out audit of Dana Air after the recent minor and major incidents involving the airline as among president’s directives not carried out in recent times.
James Odaudu, the Director, Publicity, Ministry of Aviation, could not be reached for comments.
It would be recalled that in the last week of February, Buhari had in 2018 directed all ministers to inaugurate the boards of various parastatals under their supervision.
The president issued this directive through a circular signed by the Secretary to the Government of the Federation, Boss Mustapha.
Names on the NAMA list were Dr. Yakubu Lame, Abdullahi Y. Gashu’a, Capt. Ibraheem Olugbade.
FAAN had Otunba Niyi Adebayo, Akingbesote Akinyeye, Suleiman Mohammed, and Bello Babura.
NCAT had Mrs. Deborah Iliyas and Chie Simon Owhofa.
The names that appeared on the list for NiMET were Otunba J.F. Faleke and Dr. Chichi Ashwe.
It would also be recalled that Comrade Oshiomhole had, about a year ago, given Sirika and Dr. Chris Ngige, Minister of Labour, a week ultimatum to inaugurate their boards. https://www.independent.ng/two-years-after-sirika-shuns-buharis-directive-on-boards-inauguration/
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Politics › Sokoto Government Grants Amnesty To 8,000 Ghost Workers by Islie(op): 4:56pm On Nov 29, 2019 |
The Sokoto state government has granted amnesty to about 8,000 suspected ghost workers and those collecting abnormal salaries under its pay roll.
Alhaji Abdussamad Dasuki, the Finance Commissioner and Acting Chairman, Sokoto state Steering Committee on Integrated Payroll and Internally Generated Revenue (IGR), disclose this in a news conference on Thursday in Sokoto.
Dasuki said the initiative was to enable civil servants collecting salaries they don’t earn and those engaged in improper practices against regulations to come forward and open up under confidentiality and guaranteed state pardon.
He said that the period of the amnesty began from Nov. 27, to end on Dec. 9, 2019 by 12 midnight.
“Government is therefore calling on those concerned to avail themselves of this initiative. “At the end of this period appropriate sanctions will be meted out to those found wanting in accordance with Civil Service Rules and relevant laws,” he said.
The commissioner added that in the course of the committee’s activities, a lot of wrongdoings were discovered.
“These include suspected ghost workers, wrong computation of salaries, and inappropriate and inflated implementation of salary scales of certain cadres of civil servants.
“Similarly, civil servants or members of the public with relevant information that can assist in the discovery and/or resolution of problems in the payroll system are invited to approach the committee.
“However, this is with the assurance of confidentiality and reward where appropriate. “Those willing to cooperate can contact the committee directly or reach out through the following phone numbers: 08105475900, 08144885521 08106010490,” he said.
According to Dasuki, they can also reach the committee through any of its members, member of the State Executive Council, Special Advisers, Permanent Secretaries or Directors-General, with equal guarantee of secrecy and appreciation. (NAN) https://www.dailytrust.com.ng/sokoto-govt-grants-amnesty-to-8000-ghost-workers.html
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Forum Games › Re: Pls I Need Good Games To Load On My Ps3 by Islie: 4:42pm On Nov 29, 2019 |
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Politics › Jonathan Tsado Vatsa: We Have No Moral Right To Sponsor Hate Speech Bill by Islie(op): 2:39pm On Nov 29, 2019 |
By Daniel Atori, Minna
A chieftain of the All Progressives Congress (APC) in Niger State and a former Commissioner for Information, Mr. Jonathan Tsado Vatsa has said that the ruling party has no moral right to sponsor the hate speech bill or any law for that matter that seek to gag the press.
Speaking at the Social Media Summit in Minna, organised by the Progressive Media Practitioners (PMP), Vatsa said the ruling APC benefitted immensely “from this thing we call hate speech” “Before 2015, I can remember, we used all forms of propaganda against the ruling PDP, we said anything to make sure that the people hated the party.
“Our focus at that time was to ensure that we discredited the then ruling party and we won. We should not be afraid of the poison we gave PDP that time.
“Personally I will not be a party to a law that will gag the press. In some other climes, people would have commenced the process of recalling the sponsor of that bill,” Vatsa asserted.
He commended former Military President, General Ibrahim Babangida for throwing his weight behind those opposed to the bill and advised those behind the bill to sponsor bills that will impact positively on ordinary Nigerians.
The convener of the summit, Prince Daniel Atori in his welcome address, called on President Muhammadu Buhari to impress upon the lawmakers on the need for them to provide dividends of democracy to the people rather than embarking on a wild goose chase of making laws that are of no benefit to the people. https://www.newtelegraphng.com/2019/11/weve-no-moral-right-to-sponsor-hate-speech-bill-says-apc-chieftain/
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Politics › ‘Dickson Has Set Trap For Lyon, Bayelsa Governor-Elect’ - Group by Islie(op): 9:04pm On Nov 28, 2019 |
By Bassey Willie
A civil rights group in Bayelsa State, the Bayelsa Rainbow Coalition for Good Governance, has advised the governor-elect of the state, Chief David Lyon, to be careful with the last minute decisions of the outgoing governor, Seriake Dickson, to avoid making early mistakes in government.
Chairman of the group Barr Francis Wainwei while speaking with journalists in Yenagoa on Tuesday, explained that most of the people appointed by Dickson were not even qualified to be permanent secretaries according to the civil service rules.
Governor Dickson last Friday appointed 35 new permanent secretaries into the state civil service and one commissioner into the state executive council amidst criticisms from the people of the state.
The coalition chairman flanked by the Chairman of Civil Society Advance Forum for SDGs 2030, Chief Clifford Joseph Wilson, said the last minute appointments by Dickson were not in the best interest of Bayelsans but to place high wage bill on the incoming government. https://www.dailytrust.com.ng/dickson-has-set-trap-for-bayelsa-governor-elect.html
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Politics › Re: FG, Auditor’s Office, National Assembly In Fresh Breach Of Fiscal Rules by Islie: 8:58pm On Nov 28, 2019 |
Cc lalasticlala |
Politics › Crisis Rocks Nigeria’s Investment Agency Over ‘anti-buhari’ Comment,..... by Islie(op): 9:08am On Nov 28, 2019 |
.......internal wrangling between staffs Abdulaziz Abdulaziz
Nigeria revenue agency decries multi-billion Naira loss through import waivers A crisis is brewing in Nigeria’s agency responsible for sourcing and coordinating foreign investment, the Nigeria Investment Promotion Commission (NIPC).
A frosty relationship between the executive secretary of the commission Yewande Sadiku, and the governing council of the commission led by Babangida Nguroje, a former deputy speaker of the House of Representatives, has blown open.
Investigations reveal that the relationship between the council and the executive secretary had gone sour leading to a confrontation between the two sides.
Earlier this year, a member of the governing council, Ali Sani, wrote to the executive secretary questioning the payment of millions of naira each year to herself ”in the name of foreign leave allowance”.
Documents seen by PREMIUM TIMES show that the executive secretary collected over N40 million for 2017 and 2018. She hinged her action on past practice and a ministerial approval for increment obtained in 2013.
“I understand that since 2005 when the remuneration package took effect, the foreign leave allowance has been paid to the ES holding office every year,” she wrote in a January 11 response to Mr Sani.
“The payment of the allowances to me in November 2017 and August 2018, following my resumption in November 2016 are therefore not usual.”
Combative relationship
The awry relationship between the two sides, however, got to a head earlier this month after a video recording surfaced in which the executive secretary criticised President Muhammadu Buhari’s approach of securing foreign direct investment.
In the address, which PREMIUM TIMES established took place at a meeting with directors and deputy directors of the commission, Mrs Sadiku gave the example of former President Olusegun Obasanjo who, she said, ”led the way in investment promotion”.
She said the agency’s role of advancing investment in Nigeria was more effective in the past.
“You know why? Mr President Olusegun ‘Aremu’ Obasanjo was the one going to tell companies by himself to come and invest in Nigeria,” she said.
Mrs Sadiku explained that aside wooing the investors, ”Mr Obasanjo was giving them assurances to protect them and their investments.”
“It was him himself that will say ‘Obinna, Shettima come and invest in Nigeria and any mosquito that bites you, tell NIPC, they will come and tell me’. And when you tell NIPC mosquito is biting Shettima, you go and tell the president, president will kill the mosquito.”
In contrast, the executive secretary said ”President Muhammadu Buhari is a different person all together”.
“The presidency we have now, the president we have now is a different person,” she said.
Another ‘sin’
Not long after the recorded comments at the staff meeting, a broadcast in a popular radio programme, Brekete Family, on Human Rights Radio in Abuja, further drew the ire of the governing council and staff of the commission.
In the November 6 radio programme, Mrs Sadiku was praised as a ”reform champion who was facing resistance from her staff that were used to crooked old ways.”
The council saw the broadcast as image laundering stunt for the embattled executive secretary which also portrayed staff and members of the National Assembly in bad light.
Provoked council, staff
The comments both from Mrs Sadiku and from the radio programme have obviously angered the governing council of the commission.
In a press statement on Monday, Mr Nguroje tongue-lashed Mrs Sadiku without actually calling her out.
He alleged that some appointees of government ”were teaming up with opposition in discrediting the government, rather than deliver on the mandates given them”.
Contrary to Mrs Sadiku’s scepticism, Mr Nguroje painted a picture of optimism and achievement in Nigeria’s foreign investment drive, saying the NIPC is up to the task.
The staff union, also, wrote a letter to the CEO of the radio station, who also anchored the programme, condemning what they described as unfair and malicious pronouncements on staff of the agency in the radio programme.
The protest letter was signed by Yusuf Mustapha, chairperson of the union and Emeka Nwachukwu, its secretary.
“We are therefore saying collectively and categorically that we are not crooks, we are not criminals and we are not corrupt. We are a group of patriotic Nigerians who have committed everything to this service without commensurate material benefit to our persons.”
They demanded an apology and retraction from the broadcaster, threatening legal action.
In a message to staff on Wednesday echoing some of the points made by the governing council, the chairman of the union urged the staff to remain steadfast.
“No amount of witchhunt and intimidation can deter the resolve of this great union,” he wrote. https://www.premiumtimesng.com/news/headlines/365543-crisis-rocks-nigerias-investment-agency-over-anti-buhari-comment-internal-wrangling.htmlExecutive secretary of the Nigerian Investment Promotion Commission, NIPC,, Yewande Sadiku
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Politics › Why Obasanjo Has Stopped Criticising Buhari By Fredrick Nwabufo by Islie(op): 8:57am On Nov 28, 2019 |
On December 12, 2013, I woke up to Olusegun Obasanjo’s ‘Before it is too late’; a caustic letter to former President Goodluck Jonathan. In the 18-page missive, Ebora Owu diced Jonathan like a sushi chef.
Obasanjo delineated 10 reasons he chose to drag Jonathan before the public square for some good spanking. He said the former president ‘’must move away from advertently or inadvertently dividing the country along weak seams of north-south and Christian-Muslim’’, and that ‘’nothing should be done to allow the country to degenerate into economic dormancy, stagnation or retrogression’’.
He also said, ‘’some of our international friends and development partners are genuinely worried about signs and signals that are coming out of Nigeria’’.
Really, Obasanjo said something profound in the letter – profound for its appositeness in the current administration.
He said: ‘’Those who advise you to go hard on those who oppose you are your worst enemies.
Democratic politics admits and is permissive of supporters and opponents. When the consequences come, those who have wrongly advised you will not be there to help carry the can. Egypt must teach some lesson.’’
Arguably, that mordant letter to Jonathan sealed the coffin of the administration nail by nail for it handed the opposition the mortar for combat and mobilised mass consciences against the government.
However, I have observed that Ebora Owu may be losing prolificacy, or perhaps, he has cowered to intimidation by the Buhari administration. Could this Orisa be afraid?
Although he wrote a less virulent open letter to President Buhari on the parlous state of security in the past and did not dither in bellowing the president’s incompetence, he suspended the pastime, and even stopped making critical comments on the administration after agents of the regime went for Atiku Abubakar’s in-law.
Obasanjo supported Atiku, who was the presidential candidate of the Peoples Democratic Party (PDP), in the last election.
In August, the EFCC arraigned Abdullahi Babalele, Atiku’s son-in-law, for allegedly laundering $140,000 in the build-up to the election.
Obviously, Obasanjo is the target of this case. Now, here is the story.
On November 12, Bashir Mohammed, an associate of Babalele, told a federal high court in Lagos that Atiku’s son-in-law gave Obasanjo the naira equivalent of $140,000.
Mohammed, who was the first witness of the EFCC, described himself as a “close friend” of the accused.
While being led in evidence by Rotimi Oyedepo, EFCC prosecutor, Mohammed detailed how he delivered the money to the former president at his residence in Ogun state.
He said Babalele called him sometime in February, asking him to deliver a message to “an elder statesman”.
He said on Babalele’s request he supplied two bank accounts, which were credited with the said sum.
“When I got to the gate, somebody came and took me inside where I met former President Olusegun Obasanjo and delivered the message.”
If my hunch is right, this case and other devices of the regime are what is obstructing the voice of the Orisa from rebuking the evil in the land.
I believe, Obasanjo now has an assuring experience of how lethal and ruthless the Buhari administration can be. In fact, Buhari once vowed to investigate the ‘’$16 billion’’ Obasanjo allegedly spent on power.
He said: “The previous government mentioned on their own that they spent $16bn on power but you are better witnesses than myself. Where is the power? Where is the money? We will follow them; eventually God willing, we will catch them and get our money back.”
The government was reported to have spent $16 billion on power projects between 1999 and 2007 when Obasanjo was president.
The Buhari administration brooks no opposition. It employs scare artifices and threats to win submission, and most times, it dispatches violence to coerce surrender.
Strong critics of the government are either held in DSS custody against an order of the court or they are threatened, scandalised and harassed. More vigorous voices are needed in the face of this relentless assault on the collective hull.
But really, it now appears the ‘’wailing’’ days of Obasanjo are over; the few comments he has made on the Buhari administration recently are complimentary.
In Yoruba cosmology, the Orisas are a fount of power, justice, order and balance. I do not think Sango will run away from a fight. Obasanjo should not be an Orisa that whimpers. https://www.pmnewsnigeria.com/2019/11/28/why-obasanjo-has-stopped-criticising-buhari/Lalasticlala |
Health › Doctor Gilbert Afam Gini: Decomposing Body Found In Hospital Months After Death by Islie(op): 3:20pm On Nov 27, 2019 |
Police in Anambra state have discovered the dead and decomposing body of a 65-year-old medical doctor in his hospital, months after he died.
The medical doctor, Dr Gilbert Afam Gini is said to be occupying two flats, which he uses to run his hospital, Santa Cruz clinic at No 9 Eze Crescent Ezinifite Okpuno, near Awka.
A press statement by the Police PRO in Anambra, SP Haruna Mohammed stated that one Barr Duke Onyebuchi Ezeonwuka discovered the body on Tuesday when he visited the property which he manages and found it locked, and a strong stench emanating from it.
Haruna said, “He was however taken aback by an unusual odour oozing out from one of the rooms on the upper floor, which prompted him to call on neighbours who assisted to open the window, whereupon they saw the decomposed body in the room.
“Police detectives from ‘B’ Division Awka led by the DPO visited the scene and confirmed the incident.
“Victim’s Gionee cell phone, which was plugged for charging was recovered. Photographs taken. No implement of violence seen or observed and no foul play suspected from a critical analysis of the crime scene
“The relatives have been contacted and arrangements ongoing to evacuate the remains for autopsy and prevent disease outbreak in the vicinity.”
He added that Ezeonwuka had said that the deceased usually travelled to Brazil regularly, shutting down the hospital, and was presumed to have travelled in September, not knowing he had died in the room. https://dailypost.ng/2019/11/27/doctors-decomposing-body-found-in-hospital-months-after-death/
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