₦airaland Forum

If you have the charisma, better you do because i can say computer engeering is more of computer science, better to go for electrical and electronics and major in electronics, telecom and contrrol

Sanusi Promises Double Digit Growth
•To back foreign loan obligations •Audit on 11 banks about to be concluded
From Ijeoma Nwogwugwu in London, 08.29.2009
Add To Favorites
Print This Article
Post Comment



The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi yesterday in London expressed optimism about the country’s macroeconomic prospects, saying that Nigeria is expected to achieve a growth rate of 5 per cent this year buoyed by non-oil growth in the agriculture sector, improved oil prices and production following the amnesty programme in the Niger Delta, the steady decline of headline inflation and the nation’s robust foreign reserves.
Fielding questions from the international financial community at a forum organised by the CBN, Sanusi said with the efforts being put in by the federal government to improve infrastructure, particularly in the power sector, Nigeria has the potential to attain double digit growth by 2010 and 2011.
Addressing the concerns of foreign banks and investors on the recent shake up in the banking sector, the governor pledged CBN’s preparedness to back all the foreign loan obligations of the five banks taken over by the CBN in the unlikely event of default.
Penultimate Friday, the CBN had moved swiftly to save Intercontinental Bank Plc, Oceanic International Bank Plc, Union Bank Plc, Finbank Plc and Afribank Plc from imminent failure by injecting N420 billion into the institutions and dismissing their managing directors and executive directors.
Sanusi said the intervention by the CBN entailing the injection of N420 billion had fortified the banking sector in Nigeria and that the five banks are safe and have been meeting their foreign obligations, further disclosing that “one of the five had just made payments on its foreign loans.”
Responding to enquiries on whether the CBN would provide guarantees on the foreign loans, the governor stated that the Central Bank “is not contemplating providing guarantees on the (five) banks’ obligations since the need had not arisen.”
The governor informed the audience, which had in attendance the five interim managing directors, including Lai Alabi who confirmed that he had been away in the United States of America but will resume at Intercontinental Bank on Monday, that ever since the intervention there had been no single run on the affected banks.
“The CBN and government acted swiftly to protect savers and creditors to the five banks, and it is their managers and debtors that are now being held responsible for their problems,” he said.
He admitted that during the first two days after the intervention, there were concerns about flight to safety among the five banks, but their new CEOs called up their key and corporate customers to convince them of the safety of their deposits.
“In fact, one of the banks has already become a net placer of funds in the interbank market, so I am tempted to recall the money we injected in the banks,” the governor said in a light-hearted reference to the resilience of the banks.
The governor acknowledged that the problems that arose in the banking sector could be partly blamed on weak regulatory supervision of the banks’ subsidiaries that had taken margin loans to trade in equities.
“These subsidiaries, however, are not licensed or regulated by the Central Bank, which brings to the fore the question of consolidated supervision for all the regulators in the financial sector.
“We have to work closely with the Securities and Exchange Commission, the Nigerian Stock Exchange, even though it is not a regulator, the National Pension Commission and National Insurance Commission to safeguard against the reoccurrence of a systemic crisis.
“I am the chairman of the Financial Services Consultative Committee and our aim is to strengthen it and hopefully this would provide a roadmap for improved regulation in the financial system.”
Providing further insight into the exposure of the five banks taken over by the CBN, the governor said all the banks in the country were exposed to the oil and gas sector to the tune of N754 billion of which 50 per cent was accounted for by the five banks.
“The total outstanding commitment by all the banks at the Expanded Discount Window between October 2008 and July this year was N400 billion of which the five accounted for 90 per cent of the exposure.
“The five banks also had substantial non-performing loans on their books amounting to 40 per cent of their total loan portfolios.”
On the issue of the audit exercise for the 14 banks whose joint examination by the CBN and National Deposit Insurance Commission is still ongoing, Sanusi indicated that the audit for 11 bank is about to be concluded, while the three outstanding will be rounded off by September this year.
At this point, he said, “we cannot second guess the outcome of the audit for the remaining 14 banks, but the CBN does not envisage significant problems of the magnitude in the five in which we intervened.
“We are basically going to force a clean up of the entire system, so I expect that for the other 14 banks there will have to be additional provisioning.
“But by the end of the year, the fourth quarter to be precise, we expect strong earnings growth because their earnings will not be impaired by NPLs.”
The governor further stressed that the aim of the parley with foreign banks and investors was not to market the five banks, “but to provide clarity on the actions taken by the CBN and assure the foreign community of the soundness of the affected banks.”
“The Tier II Capital injected into the banks is just temporary and when we intend to sell them to investors we shall invite interested parties to submit expressions of interest for the banks.”
Sanusi, nonetheless, noted that the CBN’s policy does not preclude the foreign ownership of Nigerian banks, stressing: “No law stops any foreign bank from owning a Nigerian bank.
“The CBN will however exercise due diligence to ensure that we attract institutions that are interested in the development of the economy and not just focused on niche markets.”
On the issue of the legal challenges being mounted against the CBN for the take over of the five banks, Sanusi stated that the CBN is conscious of the fact that it will be in court for a while to defend its actions, but that “everything done by the Central Bank was within the confines of the law.
“On the other hand, we are also prosecuting the bank executives for infractions, which means that those suing us would have to decide if they want to challenge our actions or save themselves from jail.”
The CBN governor said the name and shame tactic employed by the CBN was yielding results as some of the debtors are paying up their loans.
He said he had met with the chairman of the Economic and Financial Crimes Commission, Farida Waziri, to express the Central Bank’s gratitude for its handling of the cases against loan defaulters.
The governor said the EFCC was conscious of its role and is being careful not to harass genuine businesses, which had defaulted on their loans as long as they can come up with restructured terms with the banks on how the loans will be repaid.
The decision to target loan defaulters, he explained, was aimed at exposing companies and individuals that had colluded with bank executives in insider-related loans which they had no intention of paying. “It is such people that will be prosecuted by the EFCC.”
Providing clarity on why the EFCC is insisting that debtors issue cheques directly to the commission, the governor said the decision is procedural and dependent on the requests made by the affected banks.
“If the banks have asked that the cheques or drafts be issued in favour of the EFCC, then it is procedural and was not based on any instruction by the CBN.”
Sanusi seized the opportunity to clarify insinuations that the Central Bank acted in bad faith after it approved the accounts of Oceanic Bank in July, only for it to turn around to remove its executives three weeks later.
He said when the audit was being undertaken by the joint examiners of the CBN and NDIC, the management of Oceanic Bank made a request for the approval of the bank’s accounts.
He said, however, he delayed the bank’s accounts when he became the governor of the CBN as a result of the oversight audit which showed its exposure at the EDW, signifying there was a problem.
“But the bank’s management insisted that we approve their accounts so it can pay dividends to its shareholders. So we approved it on the understanding that we would make the necessary adjustments after the auditors had concluded their examination of the bank’s books.”
He dismissed the notion that there was any sinister motive in the decision to take over Oceanic Bank and the four others. “These allegations keep cropping up and I am aware of the story published by the Vanguard newspaper, but this had nothing to do with any attempt by a group from any section of the country to take over five banks.
“It is high time we stopped ascribing anything we do in Nigeria to sectional interests.”
In respect of the sudden downgrade by international ratings agency, Standard & Poors’ last week, Sanusi expressed surprise at the latest sovereign rating assigned to Nigeria by the firm.
"At a time when we have taken steps to improve transparency and disclosure, and secure the stability of the financial system, at a time oil prices are improving, at a time we are making progress in stemming the crisis in the Niger Delta region, and the inflation rate is declining, this really came as a big surprise.”
The governor pointed out that if the agency, which is yet to live down its single “A” rating for Lehman Brothers shortly before its collapse, had downgraded Nigeria three or four months ago, it would have made sense, “but certainly not at this time.”
“I hope S&P can engage with us and review their position,” Sanusi said.
S&P cut Nigeria 's speculative sovereign long-term foreign currency credit rating one notch to B-plus from BB-minus last week, citing its costly bank bailout and falling oil revenues.
Also at the forum, the governor admitted that Nigeria remains under-banked and that the Central Bank will consider proposals that will bring banking services to the under-served.
“The proposal would consider the introduction of regional, Islamic and specialized banking in the country,” he stated.
The CBN forum for the international financial community attracted the interest of several participants, and included representatives from foreign and Nigerian banks.

Sanusi Promises Double Digit Growth
•To back foreign loan obligations •Audit on 11 banks about to be concluded
From Ijeoma Nwogwugwu in London, 08.29.2009
Add To Favorites
Print This Article
Post Comment



The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi yesterday in London expressed optimism about the country’s macroeconomic prospects, saying that Nigeria is expected to achieve a growth rate of 5 per cent this year buoyed by non-oil growth in the agriculture sector, improved oil prices and production following the amnesty programme in the Niger Delta, the steady decline of headline inflation and the nation’s robust foreign reserves.
Fielding questions from the international financial community at a forum organised by the CBN, Sanusi said with the efforts being put in by the federal government to improve infrastructure, particularly in the power sector, Nigeria has the potential to attain double digit growth by 2010 and 2011.
Addressing the concerns of foreign banks and investors on the recent shake up in the banking sector, the governor pledged CBN’s preparedness to back all the foreign loan obligations of the five banks taken over by the CBN in the unlikely event of default.
Penultimate Friday, the CBN had moved swiftly to save Intercontinental Bank Plc, Oceanic International Bank Plc, Union Bank Plc, Finbank Plc and Afribank Plc from imminent failure by injecting N420 billion into the institutions and dismissing their managing directors and executive directors.
Sanusi said the intervention by the CBN entailing the injection of N420 billion had fortified the banking sector in Nigeria and that the five banks are safe and have been meeting their foreign obligations, further disclosing that “one of the five had just made payments on its foreign loans.”
Responding to enquiries on whether the CBN would provide guarantees on the foreign loans, the governor stated that the Central Bank “is not contemplating providing guarantees on the (five) banks’ obligations since the need had not arisen.”
The governor informed the audience, which had in attendance the five interim managing directors, including Lai Alabi who confirmed that he had been away in the United States of America but will resume at Intercontinental Bank on Monday, that ever since the intervention there had been no single run on the affected banks.
“The CBN and government acted swiftly to protect savers and creditors to the five banks, and it is their managers and debtors that are now being held responsible for their problems,” he said.
He admitted that during the first two days after the intervention, there were concerns about flight to safety among the five banks, but their new CEOs called up their key and corporate customers to convince them of the safety of their deposits.
“In fact, one of the banks has already become a net placer of funds in the interbank market, so I am tempted to recall the money we injected in the banks,” the governor said in a light-hearted reference to the resilience of the banks.
The governor acknowledged that the problems that arose in the banking sector could be partly blamed on weak regulatory supervision of the banks’ subsidiaries that had taken margin loans to trade in equities.
“These subsidiaries, however, are not licensed or regulated by the Central Bank, which brings to the fore the question of consolidated supervision for all the regulators in the financial sector.
“We have to work closely with the Securities and Exchange Commission, the Nigerian Stock Exchange, even though it is not a regulator, the National Pension Commission and National Insurance Commission to safeguard against the reoccurrence of a systemic crisis.
“I am the chairman of the Financial Services Consultative Committee and our aim is to strengthen it and hopefully this would provide a roadmap for improved regulation in the financial system.”
Providing further insight into the exposure of the five banks taken over by the CBN, the governor said all the banks in the country were exposed to the oil and gas sector to the tune of N754 billion of which 50 per cent was accounted for by the five banks.
“The total outstanding commitment by all the banks at the Expanded Discount Window between October 2008 and July this year was N400 billion of which the five accounted for 90 per cent of the exposure.
“The five banks also had substantial non-performing loans on their books amounting to 40 per cent of their total loan portfolios.”
On the issue of the audit exercise for the 14 banks whose joint examination by the CBN and National Deposit Insurance Commission is still ongoing, Sanusi indicated that the audit for 11 bank is about to be concluded, while the three outstanding will be rounded off by September this year.
At this point, he said, “we cannot second guess the outcome of the audit for the remaining 14 banks, but the CBN does not envisage significant problems of the magnitude in the five in which we intervened.
“We are basically going to force a clean up of the entire system, so I expect that for the other 14 banks there will have to be additional provisioning.
“But by the end of the year, the fourth quarter to be precise, we expect strong earnings growth because their earnings will not be impaired by NPLs.”
The governor further stressed that the aim of the parley with foreign banks and investors was not to market the five banks, “but to provide clarity on the actions taken by the CBN and assure the foreign community of the soundness of the affected banks.”
“The Tier II Capital injected into the banks is just temporary and when we intend to sell them to investors we shall invite interested parties to submit expressions of interest for the banks.”
Sanusi, nonetheless, noted that the CBN’s policy does not preclude the foreign ownership of Nigerian banks, stressing: “No law stops any foreign bank from owning a Nigerian bank.
“The CBN will however exercise due diligence to ensure that we attract institutions that are interested in the development of the economy and not just focused on niche markets.”
On the issue of the legal challenges being mounted against the CBN for the take over of the five banks, Sanusi stated that the CBN is conscious of the fact that it will be in court for a while to defend its actions, but that “everything done by the Central Bank was within the confines of the law.
“On the other hand, we are also prosecuting the bank executives for infractions, which means that those suing us would have to decide if they want to challenge our actions or save themselves from jail.”
The CBN governor said the name and shame tactic employed by the CBN was yielding results as some of the debtors are paying up their loans.
He said he had met with the chairman of the Economic and Financial Crimes Commission, Farida Waziri, to express the Central Bank’s gratitude for its handling of the cases against loan defaulters.
The governor said the EFCC was conscious of its role and is being careful not to harass genuine businesses, which had defaulted on their loans as long as they can come up with restructured terms with the banks on how the loans will be repaid.
The decision to target loan defaulters, he explained, was aimed at exposing companies and individuals that had colluded with bank executives in insider-related loans which they had no intention of paying. “It is such people that will be prosecuted by the EFCC.”
Providing clarity on why the EFCC is insisting that debtors issue cheques directly to the commission, the governor said the decision is procedural and dependent on the requests made by the affected banks.
“If the banks have asked that the cheques or drafts be issued in favour of the EFCC, then it is procedural and was not based on any instruction by the CBN.”
Sanusi seized the opportunity to clarify insinuations that the Central Bank acted in bad faith after it approved the accounts of Oceanic Bank in July, only for it to turn around to remove its executives three weeks later.
He said when the audit was being undertaken by the joint examiners of the CBN and NDIC, the management of Oceanic Bank made a request for the approval of the bank’s accounts.
He said, however, he delayed the bank’s accounts when he became the governor of the CBN as a result of the oversight audit which showed its exposure at the EDW, signifying there was a problem.
“But the bank’s management insisted that we approve their accounts so it can pay dividends to its shareholders. So we approved it on the understanding that we would make the necessary adjustments after the auditors had concluded their examination of the bank’s books.”
He dismissed the notion that there was any sinister motive in the decision to take over Oceanic Bank and the four others. “These allegations keep cropping up and I am aware of the story published by the Vanguard newspaper, but this had nothing to do with any attempt by a group from any section of the country to take over five banks.
“It is high time we stopped ascribing anything we do in Nigeria to sectional interests.”
In respect of the sudden downgrade by international ratings agency, Standard & Poors’ last week, Sanusi expressed surprise at the latest sovereign rating assigned to Nigeria by the firm.
"At a time when we have taken steps to improve transparency and disclosure, and secure the stability of the financial system, at a time oil prices are improving, at a time we are making progress in stemming the crisis in the Niger Delta region, and the inflation rate is declining, this really came as a big surprise.”
The governor pointed out that if the agency, which is yet to live down its single “A” rating for Lehman Brothers shortly before its collapse, had downgraded Nigeria three or four months ago, it would have made sense, “but certainly not at this time.”
“I hope S&P can engage with us and review their position,” Sanusi said.
S&P cut Nigeria 's speculative sovereign long-term foreign currency credit rating one notch to B-plus from BB-minus last week, citing its costly bank bailout and falling oil revenues.
Also at the forum, the governor admitted that Nigeria remains under-banked and that the Central Bank will consider proposals that will bring banking services to the under-served.
“The proposal would consider the introduction of regional, Islamic and specialized banking in the country,” he stated.
The CBN forum for the international financial community attracted the interest of several participants, and included representatives from foreign and Nigerian banks.

Crisis in PPA deepens: Kalu, national secretary suspended, as Akerele becomes chairman
Cover Stories
Aug 29, 2009

By Henry Umoru
CRISIS in the Progressive Peoples Alliance(PPA) yesterday deepened with a faction loyal to the Deputy National Chairman, South-West, Lisa Olu Akerele suspending the Chairman, Board of Trustees(BOT), Chief Orji Uzor Kalu from the party and bringing in the former as the Acting National Chairman.

In a communiqué issued at the end of the National Executive Committee(NEC) meeting held at Halal Palace Hotel, Abuja Friday, the members also suspended the National Secretary, Mr. Dahiru Musa Abdullahi and the Financial Secretary, Mr. Mamman Saleh, just as the first National Chairman and Deputy Chairman, BOT, Alhaji Suleiman Ahmed replaced Orji Kalu.

In a swift reaction, the suspended National Secretary, Dahiru Abdullahi in an a telephone conversation with Saturday Vanguard described the group as those chasing shadows, just as he stressed that they had no constitutional powers to convene such a meeting.

“Is it possible to suspend a sitting National Executive by those who have resigned? I have the letter which was written by the former Deputy National Chairman, Lisa Olu Akerele, which was addressed to me and it was well delivered and accepted. Where did he now derive the power from as he has resigned from the party? He is no more a member of the National Working Committee(NWC). Did he act as an ordinary member? He is simply chasing shadows with others”, Dahiru Abdullahi said.

According to Akerele’s faction, the suspension which was slammed on Kalu would last pending the outcome of investigation by the Disciplinary Committee headed by former Deputy National Chairman (North), Comrade Adamu Song with Christopher Ijale and Nura Babadiya as Acting National Secretary and Financial Secretary respectively and pending the next convention where new Executives are expected to emerge.

Moving the motion to suspend Kalu and other key officers, the Plateau State PPA Chairman, Davo Gyan said, “following the spate of self induced crisis that have led to negative publicity which has put the PPA in bad light in the eyes of the public, it is hereby moved that the following officers be suspended and to face a disciplinary Committee with immediate effect for their involvement in the crisis”.

Part of the communiqué reads, “NEC in session rejected the resignation of the Deputy National Chairman (South), Lisa Akerele, the National Treasurer, Emma Omokwe, and other paid officers in the National Secretariat”.

“NEC also decided to observe the provision in the party’s constitution to the effect that in the absence of the National Chairman, the Deputy National Chairman from his area shall act in that capacity. Consequently, NEC hereby directs the Deputy National Chairman (South), Lisa Olu Akerele to act as the National Chairman pending ratification by the appropriate organ of the party.

“Similarly, NEC took serious exception to the antics of the Chairman, Board of Trustees(BOT) Chief Orji Uzor Kalu, and is, therefore, suspended forthwith pending the outcome of a Disciplinary Committee. Meanwhile, the Deputy Chairman of BOT, Alhaji Suleiman Ahmed is mandated to act as BOT Chairman.

“NEC in session further took exception to the far reaching, baseless allegations leveled against the erstwhile National Chairman by the National Secretary, Mr. Dahiru Musa Abdullahi, which cannot be substantiated. For this, Mr. Abdullahi is hereby suspended’

“NEC in session hereby calls on all other officers that have not been mentioned to submit themselves to the authority of the Ag. National Chairman.

“NEC in session calls on all party members to remain calm and to continue with their normal party business, and to wait further developments”.

SCHOOL OF PRELIMINARY STUDIES

UNIVERSITY OF ILORIN, ILORIN. NIGERIA



ADVERTISEMENT OF 2009/2010 PRELIMINARY STUDIES PROGRAMME

Applications are hereby invited from suitably qualified candidates for admission into the Preliminary Studies programme in Arts, Arts Education, Agriculture, Engineering and Technology, Science and Science Education for the 2009/2010 academic session.



(a) Venue of Programme

The venue of the programme shall be off-campus and temporarily at the Ilorin Foundation Multipurpose complex, after Ilorin Grammar School, Geri Alimi, Ilorin. The school will move shortly to its permanent site at Fufu, near Ilorin.



Admission Requirements

(b)  Qualifications

1. Arts and Arts Education

(i)         Applicants must pass five subjects at credit level at not more than two sittings in the SSCE/GCE organized  by WAEC/NECO and should include the major subject of study.

(ii)        Two of the five subjects must be from Arts while the third may be from the Social Sciences.

Note:  There is no preliminary studies programme in B.A.(Hons) English.



2. Agriculture, Engineering and Technology, Science and Science  Education.

Applicants must pass the following subjects at credit level: English Language, Biology, Chemistry, Mathematics and Physics at not more than two sittings in the SSCE/GCE organized by WAEC/NECO.

(c) Specific Requirements

(i) Faculty of Agriculture will accept credit grade in Agricultural Science in lieu of credit grade in Biology.

(d) Duration of Programme

The programme is for a duration of two semesters (one academic session)



(e)  Eligibility

The Preliminary Studies programme is primarily open to applicants from the catchment areas of the University of Ilorin: Benue, Kebbi, Kogi, Kwara, Nassarawa, Niger, Plateau, Sokoto and Zamfara states.



(f)  General Conditions

(i)  Candidates who want to study Engineering must obtain credit grades in Chemistry, Mathematics and Physics.

(ii)  Applicants must write the 2009/2010 JAMB/UME with relevant subject combination to any programme in either Arts or Sciences and must obtain the minimum pass mark approved by the Federal Government.

(iii)  Applicants are to note that the programme is non-residential.



(g) Method of Application

Candidates should pay the sum of N5000.00 (five thousand naira) at any of the banks registered with e-tranzact and obtain a pin vending (receipt number and confirmation order number) which will be used for on-line completion of application.  Candidates will be expected to pay  bank charges of N250.00 (two hundred and fifty naira)  in addition to the application fee.
Each candidate is expected to download the form to confirm his/her  Local Government.  This form must be filled and it must be endorsed by the Chairman / Secretary of the Local Government.  A candidate who is offered admission will be expected to bring the form and SSCE/GCE certificates/result slips during registration. Closing date for submission of form is  Friday, 18TH September, 2009.



Banks registered with e-tranzact are: First Bank Plc, Access Bank Plc, Afribank Plc, Bank PHB Plc, Ecobank Plc,  Fidelity Bank Plc, First City Monument Bank Plc, FinBank Plc, Guaranty Trust Bank Plc, Intercontinental Bank Plc, Oceanic Bank Plc, Skye Bank Plc, Spring Bank Plc, Stanbic IBTC Bank Plc, Sterling Bank Plc, Union Bank Plc, United Bank for Africa Plc, Wema Bank Plc  Zenith Bank Plc.



N:B: For Enquiries on the 2009/2010 Remedial Program, send a mail to  remedial2009@unilorin.edu.ng

MRS OLUFOLAKE  O. OYEYEMI

REGISTRAR

Teacher kills 83-year-old man - After defrauding him N1.1m

Tunde Oyekola, Osogbo - 28.08.2009

A 34-year-old primary school teacher, Akinkunle Adebayo, who allegedly murdered an octogenarian after defrauding him of N1.1 million in Ilesa, Osun State, was on Thursday ordered to be remanded at the Federal Prison, Ilesa, by an Osogbo magistrates’ court.

Akinkunle was charged to court for alleged murder of Pa Olusola Akinyemi (83) on Sunday, August 23, at about 11am in Ilesa after being accused of defrauding the deceased.

The prosecution alleged that the teacher and others now at large took advantage of the old man’s illiteracy to defraud him of the amount. According to him, the deceased, who could neither read nor write, told the accused who was a tutor to his children to withdraw the sum of N200,000 but instead the accused wrote the cheque of N1,300,000.00. He gave the deceased N200,000 and pocketed the remaining amount.

The prosecution also alleged that the accused and others now at large threatened to kill the deceased son, Oludare Akinyemi, thereby committing an offence contrary to Section 323 of the criminal code cap 34, law, of Osun State, 2003.

The presiding magistrate, Adewunmi Makanjuola, ordered the accused to be remanded in prison custody pending his arraignment in state high court.

The case was adjourned till October 2 for mention. In another development, one Rasheed Babatunde Abdusalam was arraigned before the court for alleged stealing of one Nissan Bluebird car with registration number AJ 395LES, valued at 200,000 and cash sum of N15,000 belonging to one Araoye Abiodun.

otokx:
Our government has always been insincere

Na true my broda ,

Mass violence mars London derby
Riot police and fans outside Upton Park
Fighting began around the stadium almost two hours before kick-off

A man has been stabbed in the chest during "large-scale trouble" involving hundreds of fans at West Ham's Carling Cup match against Millwall.

Fights broke out at 1800 BST and were still raging five hours later. A 44-year-old man is stable after being stabbed in Priory Road at 2025 BST.

A Metropolitan Police spokesman said missiles had been thrown at officers but none were injured.

Inside Upton Park stadium West Ham fans invaded the pitch three times.

By 2300 BST several hundred West Ham fans had congregated outside the stadium chanting and bombarding police with crates and bottles.

The first pitch invasion was after West Ham's equaliser, while the second more serious invasion happened after they scored a penalty.

It took officials about six minutes to clear about 50 people from the pitch and police had to redeploy within the stadium to tackle the invasion.

West Ham won the game 3-1 after extra time, upon which there was a third invasion by hundreds of fans.

About 200 riot police and at least 20 mounted officers were at the ground and a police helicopter circled the area.

The Press Association quoted an unnamed 19-year-old saying he saw a police officer being kicked on the ground.

The police spokesman said: "There is large-scale trouble involving hundreds of fans which we are dealing with at the moment.

Fan invading pitch
About 50 fans invaded the pitch after West Ham equalised

"Officers are now containing it but there is still disorder. Hundreds of fans are estimated to be involved."

One pub reportedly had its windows broken by bricks during running battles across several streets up to half a mile from the stadium.

Eyewitnesses told of hooligans trying to rip out bollards and lighting "small fires".

Five arrests have been confirmed, including one for affray and one for breaching a banning order.

BBC radio reporter Ben Jacobs, who was at the stadium, said: "The trouble broke out outside the Tube station about 600 yards from the ground.

"There were [hundreds of] riot police and Millwall fans managed to break through the divide."

'Really intimidating'

Tony, a steward at the game, told BBC Radio 5 live they were powerless to stop the violence.

He said: "When you have 2,900 Millwall fans it is really intimidating.

"There is not a lot you can do - you have to hope the police presence can help you out."


There were loads of people with bloodied faces
Local shop owner

A 29-year-old man had to close his kebab shop in nearby Green Street for two hours.

He said: "All hell broke loose - it was very frightening.

"Bottles and bricks were being thrown from the back and some were hitting West Ham fans at the front.

"There were loads of people with bloodied faces."

Aaron Smith, from Hemel Hempstead, who was at the game, said: "I saw one man cornered by at least a dozen Millwall fans before kick-off. Terrifying scenes."

And a Millwall fan told the BBC: "It was like a war zone outside the stadium. There was fighting all round.

"I brought my kids with me tonight and they've seen some violence that is indescribable."

A Football Association spokesman said: "We absolutely condemn the disorder.

"We expect all culprits to be banned from football for life - they have no place in our game."

Are you at the game? Send us your comments using the post form below.

A selection of your comments may be published, displaying your name and location unless you state otherwise in the box below.

Send your pictures to yourpics@bbc.co.uk, text them to 61124 or you have a large file you can upload here.

Read the terms and conditions

At no time should you endanger yourself or others, take any unnecessary risks or infringe any laws.

I know quite well the men at the centre of amnesty will not release their weapon, No they will not, you now expect them to do and the Govt fight them back and expose their Ass.

They want to kidnap me - Benue Gov cries out

John Akpodovhan, Makurdi - 26.08.2009

BENUE State governor, Mr. Gabriel Suswam, has said that some groups of criminals are planning to kidnap him and members of his family.

Governor Suswam told newsmen, on Tuesday, that he was informed of the plot by a victim abducted by an armed group after a burial in the state, at the weekend.

The criminals’ plan, the governor said the victim told him, is to break through his security network, abduct him and his family at the Government House to an unknown destination.

According to the governor, “the kidnappers told their victim that the paramount target is to kidnap me and my family members and take us away.”

Suswam, who announced he would be going on vacation, did not hide his concern about the illegal acquisition of arms by mentally-deranged individuals whose target could be anybody in the state.

“High-profile killings are assuming worrisome dimensions. I don’t know why a lecturer, who is not a politician and not seeking appointment as commissioner, will be assassinated. Tony Udu was a union leader (Chairman, Trade Union Congress), who did not have any problem with me. He was a gentleman and was killed by deranged men.”

He disclosed that recently, the police apprehended a 19-year-old boy who was well armed with an automatic weapon, a development he said portended danger to the lives and wellbeing of the people of the state.

“There are so many arms in the hands of young men in the state. A boy of 19 years was caught with an AK rifle with the magazine loaded with ammunition. Your mere looking at him will tell you the guy is not normal and if you fail to report criminals in your neighbourhood, you could be the next victim. Nobody knows who is next.”

Suswam stated that his administration was doing all within its power to step up security, disclosing that he bought Armoured Personnel Carriers (APCs), which the president had given approval for, to help security operatives in the state to perform their duties better.

“I am getting worried and you remember when I took over, I had to ban the movement of Okada riders from 8.00 p.m. to 6.00 a.m. because the crime rate was high. None of you, during the period, could stay outside till 8.00 p.m. Security should not be left in the hands of the police alone; you should be part of that. You have to give the police information.

“The good thing about death is if they get at you, you will not be alive to know it. It is your duty to report to the police the movement of that strange face in your area. That is what the whites do and that is why there, no one gets away with his criminal activities.”

The governor said he was uncomfortable with the decision of the Inspector General of Police to withdraw police orderlies from wives of governors and asked that the decision be revisited in the face of the security threat posed by the indiscriminate acquisition of arms by criminals in the country.

It will be recalled that some suspects, who were arrested by the police in Niger State, confessed that Benue State was the major source of weapons in the northern part of the country.

Court orders EFCC to release Adigwe, Nwosu
Headlines Aug 26, 2009

By Innocent Anaba, Henry Umoru & Ifeanyi Okolie
LAGOS— For two weeks running, the dust raised in the nation’s banking sector refused to settle with events happening in quick succession.

Only yesterday, the former Managing Directors of Afribank Plc and Fin Bank Plc, Mr Sebastian Adigwe and Mr Okey Nwosu,  respectively, also  removed two weeks ago by the CBN Governor, Mallam Sanusi Lamido Sanusi, were yesterday ordered to be released on bail by the EFCC by the same court, eight days after their arrest.
Mrs Farida Waziri, Chairman, EFCC, right, during a press conference on banks' debtors in Lagos, yesterday. Photo by Kehinde Gbadamosi

Mrs Farida Waziri, Chairman, EFCC, right, during a press conference on banks' debtors in Lagos, yesterday. Photo by Kehinde Gbadamosi

This is coming as the former Managing Director and Chief Executive Officer of Oceanic Bank Plc, Mrs Cecilia Ibru, who was last Sunday, declared wanted by the Economic and Financial Crimes Commission, EFCC, was granted leave by a Lagos State High Court, to enforce her fundamental human rights against the commission.

Meanwhile, the EFCC boss,  Mrs Farida Waziri, in what she termed “an update on the agency’s investigations in the banking sector”  said that bank loan defaulters would be arraigned  in court as conspirators along with the bank chiefs.
Speaking in Lagos, Waziri said, “we have compiled a comprehensive list of all the defaulters.

In fact, the reason we have not arraigned some of the bank executives in our custody is because we wanted to be sure about the defaulters so that we can arraign them as conspirators alongside the bank chiefs. Our operatives are fully mobilised to ensure that the exercise is successful.”

In another reaction, the organised labour, through the  Nigerian Labour Congress, NLC, also warned Mallam Sanusi, yesterday  that if the current house cleaning in the banking sector must be taken very seriously by all, it must not in any way be turned into an instrument for reigning in opponents of the government at the centre.

The NLC’s  General Secretary, John Odah in Abuja, said the apex bank must note that no modern economy can survive without industrialists and other sectors of the economy having an unfettered access to loans and credits, adding that it has become imperative for CBN to amplify caution in the wake of the politics of who is and who is not on the bankers’ debtor’s list.
Ibru gets court leave

Ibru’s counsel, Mr Niyi Akintola (SAN), in the suit against the EFCC, the Attorney General of the Federation, Inspector General of Police, Director General of the State Security Service, Governor of CBN and the CBN, is sought to enforce her fundamental human rights.

He had contented that the threat to her client’s right to movement was a violation of the constitution and that Mrs Ibru was denied the right to fair hearing before the August 14 directive of the CBN Governor, relieving her of her position.

Akintola, argued the two applications filed in court, but the trial judge,  Justice Bukola Adebiyi, granted some of the prayers, directing that Ibru should serve the AGF, IG, DG SSS through the AGF while EFCC should be served directly with the court processes.

According to the court, “leave of the court is granted for the accelerated hearing of the applications. Leave is also granted to the applicant (Ibru) to enforce her fundamental human rights against the respondents.”

The court further directed that the applicant should not be harassed, intimidated or embarrassed by the respondents, adding that the applicant should not be subjected to any inhuman or degrading treatment that is inconsistent with Section 34 of the 1999 constitution, pointing out, however, it (court) could not restrain or prevent the EFCC from performing its statutory functions.

According to the court, if the commission wants to investigate or arrest the applicant, it should do so within the confine of section 35 of the constitution. as further hearing in the matter was adjourned till September 7, 2009.
Adiwe, Nwosu get bail

For Adigwe and Nwosu, the court ordered their release on bail, following an application by their counsel. The court also restrained the EFCC from engaging in any act that could undermine or jeopardize the rights of the applicants to their freedom as enshrined in the constitution.

The trial judge, Justice Bukola Adebiyi, further directed the processes filed in the matter, to be served on the respondent at its Lagos office not later than seven days.

Chief Wole Olanipekun (SAN), counsel to the Nwosu and Adigwe, had argued that the detention of the two former bank Managing Directors beyond the stipulated period was a violation of their fundamental human rights.

He had further contended that despite the fact that his clients met the conditions of the administrative bail granted them by the EFCC, the commission refused to release them.

Nwosu and Adigwe are meanwhile seeking N50 million damages each against the EFCC and a public apology for the violation of their fundamental human rights.

They are praying the court to declare their arrest and detention as unlawful and a violation of Sections 34 and 35 of the constitution and Article four and five of the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act.

They also want the court to declare that “the acts of the respondent founded on the highly publicized and injuring purported order of removal issued by the Central Bank of Nigeria on the basis of the conclusions/recommendations of a purported Special Examination report of the apex bank which the applicants were never availed the opportunity to rebut and particularly the arrest and detention were unlawful, unconstitutional and a gross breach of the doctrine of fair hearing as enshrined in the constitution.
EFCC to charge bank debtors as conspirators

Meanwhile, following the expiration of the seven-day ultimate given to individuals and corporate bodies that are indebted to the five banks to liquidate their debts yesterday, Mrs Waziri yesterday said those who failed to do so should be prepared to face the consequences.

She added that information available to the commission indicated that some of the debtors were holding secret meetings and strategising to escape arrest and prosecution  while others were preparing to go to court to seek protection against arrest and prosecution.

Warizi argued that while it was within the right of every Nigerian to seek redress against perceived wrong, the judiciary should guide against frivolous interlocutory application from bank debtors at this time.

Insisting that the country was going  through a critical time in the banking sector, the EFCC chair said what some of the individuals and organisations have done was economic sabotage, which any reasonable person should not support and let them get away with, even as she appealed to all stakeholders to co-operate with the commission in the effort to recover the loans, beginning from today.

She disclosed that her commission had compiled a comprehensive list of all the defaulters, noting that the reason the commission had not arraigned some of the bank executives in its custody was because it wanted to be sure about the defaulters, so that it can arraign them as conspirators along with the bank chiefs.

“We have compiled a comprehensive list of all the defaulters. In fact the reason we have not arraigned some of the bank executives in our custody is because we wanted to be sure about the defaulters so that we can arraign them as conspirators alongside the bank chiefs. Our operatives are fully mobilised to ensure that the exercise is successful”, she added.
NLC warns

NLC meanwhile in a statement in Abuja, said “it is our hope and prayer that the CBN Governor and his team will resist the pressure, to turn an otherwise patriotic and professional. Act into a horse Whip, for whipping political dissent into line, as was perceived to be the case of the EFCC in the dying days of the Obasanjo Administration.

“The present contestations whether some loans were performing or not would have been avoided if more measured processes were adopted. Such obvious openings are the ways in which the hawks in our politics would want to begin horse trading and we must not allow this. Any attempt to use this exercise to exert undue pressure on legitimate bank creditors, in order to leverage any political divide, will be most dishonourable and costly to our democracy.

“In our last press statement on the ‘The Shake-up in the Banking Sector” in the country issued on the 17th August 2009, we expressed our support for the bold move of the CBN governor to sanitize and stabilize the banking sector.

This in effect meant that the culprits indicted have to be identified and made to face the sanctions prescribed by law. We also in that statement pointed out that the sanitization and sanctioning of individuals, groups and corporate organizations must be done within the circumference of the law of the land.”

“We noted that “the so-called bad loans in the books of the banks need to be recovered. Too often, well connected and highly placed individuals deliberately seek to rip off the system. All legal means must be employed to recover all loans.

While noting Mr. President’s order to the nation’s security agencies to help the banks in recovering the loans, we wish to caution that this must be done within the orbit of existing laws. This was our position and it has not changed.

“As the Managers of our apex bank are fully aware, no modern economy can survive without industrialists and other sectors of the economy having an unfettered access to loans’ and credits. The CBN and its leadership must ensure that its otherwise laudable patriotic and professional initiative does not get enmeshed in unwholesome political intrigues.

The current house cleaning in the banking sector must not be allowed to be turned into an instrument for reigning in opponents of the government at the centre. We will watch this process closely to ensure that this process does not degenerate.

http://www.thisdayonline.com/nview.php?id=152730

Waziri, 100 EFCC men storm Lagos to arrest debtors
Headlines Aug 25, 2009

By Innocent Anaba &Abdulwahab Abdulah
LAGOS—The Economic and Financial Crimes Commission, EFCC, led by Farida Waziri, will today storm Lagos with 100 operatives and two Mobile Police units to arrest all loan defaulters who fail to meet the seven-day deadline given by last Tuesday to pay up or have their properties sealed.


Meanwhile, the umbrella body for Nigerian lawyers, the Nigerian Bar Association, NBA, has asked EFCC to follow due process in the plot to arrest some of the former bank executives, recently relieved of their jobs by the CBN and declared wanted by the commission on Sunday.
Waziri in Lagos

A source close to the commission revealed that seals running into thousands were released to the operatives to seal up property belonging to the loan defaulters.

eFCCM

According to the source, specially designed seals for private jets were also prepared by the agency as most of the defaulters own private aircraft parked at the airports in Lagos.

It was also revealed that the amount paid back so far “is paltry when compared to the magnitude of what the debtors are owing.

The property of the debtors would be sealed up in different parts of Lagos that have been penciled down by the anti-graft agency before the sledge hammer of the apex bank slammed against the banks barely two weeks ago”.

The source explained to Vanguard that “the operatives left early this morning (yesterday) to enable them arrive early and carry out the operations as directed by the chairman as excuses will not be accepted for any failure.”
When asked of the possibility of being influenced by the loan defaulters, the source simply said “our operatives are well paid.

They see this assignment as a challenge than monetary rewards, in short they cannot be influenced by anybody.”
When contacted, Head, Media and Publicity of EFCC, Mr Femi Babafemi confirmed that operatives had been sent to Lagos as the deadline elapses by 12 midnight
NBA asks EFCC to follow due process

NBA also cautioned the CBN to follow due process in the on-going sanitation of the banking industry, pointing out that the CBN Governor, Mallam Lamido Sanusi had “in a moment of indiscretion, expressed his predilection for the sale of the banks when none of them has been declared insolvent and incapable to meet its obligations to the depositors and shareholders.”

Chief Oluwarotimi Akeredolu (SAN), NBA President in a statement in Lagos, yesterday said “the recent sack of five top bank executives by the CBN continues to generate comments in the country. Whilst we had commended the move by the Governor of the apex bank to sanitise the banking system, we note that not a few Nigerians have expressed their anxieties at the unfolding drama and the danger the whole episode poses for the health of the financial sector.”

According to him, “the EFCC appears to have been excited and the operatives of the agency are busy arresting the bank executives suspected to have breached the law in their dealings. There is also a report that some of these people may be declared wanted in the days ahead for the perceived roles in the alleged fraud.

The EFCC boss, Mrs. Farida Waziri, was quoted as giving the alleged debtors of the affected banks a week ultimatum to redeem their debts or face prosecution.

The CBN Governor, in a moment of indiscretion, also expressed his predilection for the sale of the banks, when none of them has been declared insolvent and incapable to meet its obligations to the depositors and shareholders. These statements have excited controversies and cast a heavy shade of suspicion on the seeming altruistic intention of the Governor.

“We hasten to caution government functionaries, on whose shoulders rest the onerous responsibilities to sanitise the banking system to approach their duties with tact and in strict adherence to the extant laws. The interest of depositors must be of paramount importance when adopting whatever measures deemed expedient to rein in the excesses of erring individuals with the ultimate aim of salvaging the entire system.

“No arbitrariness must be contemplated in resolving these issues. Debtors are under obligation to pay their debts within agreed contractual and legal framework. Those who default should be made to face full sanction within the ambit of the law.

We must allow the law to dictate the steps to be taken in dealing with those involved in sharp practices.

“We wish to admonish the regulators of the system to follow due process in dealing with the latest development in our banking industry. It is our hope that the shareholders in particular, and the generality of the public, will be taken into confidence before any fundamental alteration of the character of the ownership structure of the affected companies is effected.

Acting otherwise will further erode the already shattered trust between the investing public and the financial managers on one hand in addition to accentuating the doubts expressed by some in the sanitization crusade”, he added.
Lawyers react

Meanwhile, former Attorney General and Commissioner for Justice of Abia State, Chief Solo Akuma (SAN), insists that unless the EFCC can establish that the former bank executives committed an offence, they can’t be held accountable for the loan they granted, as the only way to recover such monies was by filing a civil case in court for the recovery of the debts.

He said, “it depends on what the EFCC is accusing the former bank executives of doing. Unless they have committed an offence, they can’t be arrested over a facility they granted a customer. If they have committed an offence, the EFCC is authorised by law to declare them wanted, if it had invited them and they failed to appear.”

“On the other hand, if they have not committed an offence, I mean if what they did is not a criminal offence, but a function carried out, like granting of loan facilities to customers, then the EFCC has no business with them.

It is not just that Mr A has been given credit facility and that he refused to repay or he has not been able to repay the loan and for that reason, the bank MD has committed an offence, that cannot be true.

“Granting of credit facility are purely contractual arrangements and purely a civil matter. The EFCC should tell us what they did.

Did they in the course of granting the facilities, request a percentage? If a man is given N30 as loan and he gives the bank executive N20, then we can understand that an offence has been committed.

If in your office you take salary advance, which your manager duly approved, if for any reason you are no more hardworking and unable to repay the salary advance you took, does it mean that your manager who approved it has committed an offence.”

“My position is that the EFCC should tell us the offence they have committed, but if it is purely because they granted a facility, which is not performing, then it becomes a purely civil matter, which I believe EFCC has no business getting involved,” he added.

But for NBA Secretary General, Mr Ibrahim Mark, the bank executives should first honour EFCC invitation and know why they are wanted in the first place and not to speculate on why they are wanted. He said, “EFCC knows why it is looking for the effected bank executives and we know that EFCC is an agency charged with the function of fighting crime.

So, if they are looking for them and they refuse to honour such invitation, there is nothing stopping the EFCC from declaring them wanted, because the EFC will not wait for them indefinitely.

The argument that they have not committed any offence, but merely granted loan to their customers, is not an excuse for them not to honour EFCC invitation.

If they report to EFCC and it is discovered that they have not committed any offence, they will be released to go home, but if it is established that they committed an offence, they will be charged to court.

“It was reported in the papers recently, that some of the loans were given without due process and in some cases, laid down procedure was not followed.

If you grant a loan of N30million without a collateral, you can’t say you have not committed an offence and some of them, we read also offered loans to themselves, without approval from the CBN.

We also read of allegations that some gave stock brokers huge loan and I don’t think share certificate can be used as a collateral. Let them report to EFCC and who ever does not have a case, will be set free, instead of saying that they will not report to the commission,” he added.

Emeka Ngige (SAN) said “the EFCC has unfettered powers and rights to declare the bank officials wanted, especially if they have been invited and they did not turn up. Also, the anti graft body can also declare them wanted where a criminality has been established against them.

Looking at the matter, they can be invited in regard with the loans granted to the companies by the banks. Also, in line with the provisions of the Failed Bank and related offences Act and the EFCC Act, the EFCC and the CBN have the right to invite or declare them wanted.

“However, they (bank executives) are protected by the constitution to have access to their lawyers, their dignity must be protected and that they have to be charged to court for any offence seems to be committed by them within a reasonable time granted by the law.”

Also, a senior lecturer in the Faculty of Law, LASU, Gbenga Ojo said the EFCC had no such powers to declare them wanted until they got a court injunction to that effect. Ojo said “ EFCC has no such powers to declare them wanted. It is ultra-vires of the power of the EFCC to do that.

They can only investigate the case, but declaring them wanted could only be possible through a court order. Also, I need to point out that the issue is of two folds, in as much as the EFCC can arrest the bank officials, they cannot arrest the bank customers, except if they have genuine case of fraud against them.

The matter is pure business and contractual agreements with the individual banks.
Their lawyers, in separatereactions, argued that the EFCC has no right to declare them wanted, especially when the matter is before the court.

Akingbola’s counsel, Mr Tunde Fagbohungbe (SAN) said “they cannot declare him wanted because he has not done anything wrong.

The CBN has not accused him of any criminal offence, so they cannot declare him wanted. All the noise that Akingbola had fled the country is incorrect. He is outside the country for a very important engagement and he will soon return.

“They are now busy examining the books of the banks to find something to nail him. But as far as we know, they have not found anything against him. The examination they are now doing is what they should have done before the CBN made the announcement which removed him from office.”

Mr Adeniyi Akintola, representing Mrs Ibru said: “This is the only country where people go to the media on issues they know nothing about. Mrs Ibru is not ordinary Nigerian, she is an eminent one. They know where she lives. She has not gone to hiding.

How then can she be declared wanted? She was invited by the EFCC, she was there and thereafter allowed home. If they still want her, why did they not go to her residence?”

The less visit to this site the more our prayers answered, look at the pages on this single tread, 11

@ Poster Na lie, i srill enjoy my F.F

Dear Lander, Pls dont be fooled by Scammer, ask for the site of the job application,

@ Poster, Go Ojota go look 4 JOb

@ All,

Dont let despiration push you against the plan of God for your life, stay cool, what u will drink will not pass u by

Nigeria and Scottish currency

SIR: While a lot of Nigerians are busy pulling down the image of this country, Scotland is a country that has decided to propagate the image of Nigeria using one of the areas that make up Nigeria on her Clydedale Bank notes. Ibibio and Ekoi are Efik towns in Cross River State of Nigeria and the Scottish Government decided to put the map of these towns in their £10 (ten pound sterling) notes. They are surrounded by Aro Chukwu, Amasu, Umon, Akani Obio, Ikorofiong, Obot, Ifako Ekenge, Itu, Ikotobong, Use, Odor Ikpe, Okpo, etc.


advertisement
Why will a country as far away as Scotland in Europe put the map of Nigeria in Africa on its notes? Scotland and Nigeria share some things in common. Scotland is an oil producing country just like Nigeria. Scotland has most of her wells in Aberdeen just like Nigeria has most of its well in the Niger Delta. A lot of Nigerians are working in oil and gas companies in Scotland, especially Aberdeen, while there are many Scottish nationals working as expatriates in Nigeria especially in the Niger Delta.

But the story does not end there. The map of Aro Chukwu is on Scottish notes because Mary Slessor lived and died there. Mary Slessor was born on December 2, 1848 in Gilcomston, a surbub of Aberdeen, the second of seven children, only four of whom survived childhood. Her father, Robert Slessor, originally from Buchan, was a shoemaker. Her mother, from Oldeldrum, was a deeply religious woman of sweet disposition, who had a keen interest in missionary work in the Calabar region of Nigeria. Mary Slessor went to live among the Efik people in Calabar, in present day Cross River State in Nigeria. There she successfully fought against the killing of twins at infancy, she died there in 1915 and was given a state burial.

Olufemi Oyedele,
London, United Kingdom.

EFCC vows to hold on to arrested bank CEOs
Headlines Aug 21, 2009

By Omoh Gabriel, Business Editor, Emma Ujah, Abuja Bureau Chief, Kenneth Ehigiator, Prince Osuagwu & Emma Ovuakporie
LAGOS— The drama and war of words over the sack of five banks’ boards and managing directors; and the subsequent publication of a list of debtors by the Central Bank of Nigeria, CBN, continued yesterday, with the Chairman of the Economic and Financial Crimes Commission, EFCC, Mrs Farida Waziri, vowing that the arrested executives would not be released until all the debts have been recovered, even as the apex bank said it would soon release list of more debtors.

Also, the Head of the Civil Service of the Federation, Mr. Stephen Oronsaye, has directed Permanent Secretaries to ensure that ministries, departments and agencies do not withdraw funds or close their accounts in the five banks where the Central Bank of Nigeria effected some changes.
Chairman, EFCC, Mrs Farida Waziri, vows that the arrested executives would not be released

Chairman, EFCC, Mrs Farida Waziri, vows that the arrested executives would not be released

Meanwhile some of the bank debtors have continued their vehement dispute of the debt profiles published against them by the CBN while the erstwhile management of Oceanic Bank petitioned President Umaru Yar’Adua, alleging malice.

In another development, the CBN issued a statement asking those disputing their debts to reconcile with their banks.
Waziri vows

Mrs Waziri who spoke at the Murtala Muhammed Airport, Lagos, said also that there was no discrepancy between what appeared on the list of banks’ debtors and what they actually owed, noting that those owing have no choice but to pay up as soon as possible.

“There is no discrepancy in the figures quoted by the CBN as they affect what the persons mentioned owe the banks. There is nothing like discrepancy, if there is, it is either you are owing, whatever amount you claim to be owing and you will come and pay.

“We will meet with the banks and reconcile them, but the important thing is that you are owing , just come and pay. They have no choice, they have to comply. Do not forget we are working together with other relevant agencies on the matter.

“It is a very serious matter pertaining to the economy and the entire country as a whole. Nigerians are watching , the international community is watching and we are working with other agencies, the Nigeria Police, Security and Exchange Commission, NDIC, etc. All hands are on deck, there is no way that we will not accomplish this task of recovering this money.

“It is a shock to me; I never realised that any bank anywhere in the world will give such magnitude of money without any collateral. I am learning about it for the first time, it is amazing to me.

“The other security agencies are right inside the banks now. They are working, and by next week, I will give an update.”

She said only one of the bank chiefs who was outside the country at the time of the CBN revelation was not with the EFCC.

According to her, names of those who have paid up their debts will be de-listed as soon as they pay up their debts.
“ Well, one is outside the country, and the others are with us. We will give feed back on those that have paid. I will be briefing the media to remove the names of those that have paid, but they are speculating that one escaped abroad,” Mrs Waziri said.

On the recent statement by the United States Secretary of State, Mrs Hillary Clinton, the EFCC boss said events had overtaken the development, as the anti- graft agency had demonstrated that “action speaks louder than words. We do not need to be talking about it, action speaks louder than words. It has been over flogged, it is enough, we should leave it at that.”

On how the EFCC is gaining the sympathy of Nigerians, she said : “ Many Nigerians now believe in us, gradually, we will get there.”

On how, the judiciary should assist the EFCC, Mrs Waziri said: “ This is one area where we need the support of the media because of the frivolous court interlocutory injunctions given by judges.

“All the time, this stalls our cases. Judges should put down their feet and ensure that this distraction is stopped.

Imagine the case of Madoff in the United States, the case was dispensed with within two weeks. What about O.J Simpson’s? It was double murder and the case was dispensed with within two years. Why can’t we have cases fast-tracked , within the shortest possible time?

“That is why, I am still appealing for special courts because of the nature of the judiciary in this country. It is people who do not want to face reality that attack the EFCC. They like to blackmail the EFCC when the passports of indicted people are released. We need the support of every body in this war against corruption.”

Mrs. Waziri said the anti-graft agency would not allow itself to be frustrated by the antics of people who want the status quo of corruption to subsist in the country.
More names of debtors coming– CBN

Meanwhile, The CBN yesterday in Abuja, said more names of those owing the five banks whose Managing Directors were removed last Friday, would soon be released.

The apex bank sacked the bank chief executives for incompetence on debt management and consequently injected N400billion to boost their operations.

The affected banks are Intercontinental Bank, Oceanic Bank, Union Bank, Finbank and Afribank.

According to the statement, the banks are exposed to the capital market to the tune of N500billion out of the N800billion exposure by all the banks.

The CBN said the capital market lost more than 70 per cent of value in stocks in less than a year from 2008 and 2009, making the banks to fall short of standard.

The sack of the chief executives was followed by a publication of individual and company names of debtors to the banks, in which many prominent business magnates featured.

However, the CBN in the statement, admitted errors in the titles of some agencies indebted to the banks.
“Meanwhile, more lists of other debtors and defaulters are being compiled and will be published in due course,” a statement from the regulatory body said.
CBN asks debtors with doubtful figures to reconcile

In a related development, the apex bank has asked banks’ debtors who disagree with the published debt figures to reconcile with the affected banks.

“The general public and all concerned should note that the list published is as at 31st May, 2009 and if any of the defaulters/debtors have made any repayments after that date, they should sort it out with the relevant bank”, it said in a brief statement.

It also corrected what it said was an error in the title “Accountant General” under Intercontinental Bank Plc list, which it said should read “Accountant General of Zamfara State” while the name “Delta State Government” under the Oceanic Bank list, should read “Delta Steel Company.
Mobitel faults CBN on list of debtors

The management of Mobitel Nigeria limited, yesterday faulted the Central Bank of Nigeria, CBN on the list of debtors that resulted in the sack of five bank managing Directors.

The telecommunications company, said that going by the inconsistencies on the list, a proper probe should be conducted to find out if people did not use the opportunity to get at their perceived enemies.

Mobitel was actually reacting to its inclusion in the list of debtors linking it to about N1.3b debt to Intercontinental Bank.

Spokesperson of the company, Mr Okon Iyanan, told Vanguard that contrary to the CBN’s list of debtors, Mobitel had cleared every outstanding debt to Intercontinental Bank as far back as 2008, and did not see reason why the company’s name would be linked to such a damaging scenario playing out in the banking sector now.

According to Iyanam, “ I think that somebody wants to use this opportunity to get at their perceived enemies or how can one say that Mobitel is still owing a bank that has given its duly executed Deed of Release in line with the settlement arrangement.

“As a matter of fact, we also have a letter written by the bank to that effect, which dated as far back as August 2008. In fact some of the things happening in this country is to say the least, terrible.”

A copy of the letter allegedly written by Intercontinental Bank to Mobitel, made available to Vanguard, confirmed that the company was in the clear to any indebtness to the bank.

The letter dated August 8, 2008 and signed by two Loan Recovery officials of the bank, Kehinde Okelade and Ifeanyi Onyimadu, read in part “ we acknowledge the receipt of your Skye bank draft for the sum of 1000,000,000.00 being the full and final settlement of your company’s outstanding indebtedness to the bank. Further to the above, please find attached, 8 copies of the Deed of Release duly executed by the bank in line with the settlement arrangement.”

However, efforts to get the Corporate Affairs of the bank to confirm if the bank actually did get value of the draft proved abortive as the phones rang without anybody picking them
Otedola reacts, too

Mr. Femi Otedola, in his reaction said his alleged indebtedness to Union Bank to the tune of N6 billion, in an advertorial by the Central Bank of Nigeria was caused by huge losses as a result of the slump in oil price from $147 to $36, coupled with the devaluation of the naira.

According to him: “When we sold the oil, exchange rate was N116 to the dollar but when we wanted to repurchase the dollar, the exchange rate had gone up to N156 to the dollar. That variation alone created a massive loss on us. But Zenon being a responsible corporate entity entered discussions with Union Bank on the issue. We decided to take our loss in our stride.And as at July 29th, Zenon Petroleum and Gas paid the sum of N3billion into the account of Union Bank which was acknowledged by the bank.”

He further declared that all his loans are fully collaterised, adding ” it bears restating here that Zenon will always fulfil its obligations to its bankers and creditors.”
Oceanic Bank petitions President

Oceanic Bank under the management of Dr. Cecilia Ibru has raised a petition to the President, alleging that “the conclusion in the context of section 33 is therefore premature, smacks of pre-emption of the examination results and would support the view that the CBN Governor already had a mind-set on the issue and was only justifying a preconceived course of action by ordering an inspection.”

In the petition by R. Ajibola Oluyede TRLPLAW, Lagos, the petitioner stated that Section 35 of BOFI prescribes that the CBN must be satisfied that the bank examined under section 33 “is in a grave situation as regards the matters referred to in section 33(1) of the Act” before the CBN Governor can exercise the power to order “for reasons to be recorded in writing” the removal of any manager, officer or director of the bank examined

The petition further said: “Our client is being punished because of its heavy support for the importation of petroleum products, which is an essential commodity, and without such support could have become scarce and result in political upheaval.

To ensure that the country has uninterrupted supply of petroleum products, banks finance importers of petroleum products. These importers are licensed and duly approved by PPPRA, an agency of the government, which issues importers with import quotas based on which it pays subsidies on imports of Kerosene and Petrol.

“Based on amounts advised by Oceanic Bank’s customers, over N20 billion is yet to be paid by PPPRA to these customers’ accounts with Oceanic Bank in respect of LCs dating as far back as December 2008. The bank has fully paid the overseas suppliers whilst PPPRA is over 8 months in arrears in reimbursing the bank. There was a letter from the Association of Major Marketers of petroleum products to the PPPRA advertised on page 16 of the Punch newspaper of Tuesday 18th August 2009, which confirms that PPPRA owes members of their association over N70 billion. How are the banks that have in good faith supported the government’s petroleum subsidy programme to be held responsible for the delay by PPPRA to pay?”
HOS tells permsecs not to move funds

The Head of the Civil Service of the Federation, Mr. Stephen Oronsaye, has told Permanent Secretaries to ensure compliance with the directive issued by the Secretary to the Government of the Federation to ministries, departments and agencies not to withdraw funds or close their accounts in the five banks where the Central Bank of Nigeria effected some changes.

Mr. Oronsaye said this when he met with all Federal Permanent Secretaries yesterday in Abuja .

He reiterated his earlier statement that the action of the CBN was to pre-empt any chaotic situation and the injection of funds into them has stabilized the liquidity problem that might have arisen in the banks.

He urged the Permanent Secretaries to ensure that normal banking transactions are carried out between the banks and all MDAs and to further enlighten their staff members on the facts of the situation.

The Secretary to the Government of the Federation, had last Monday, issued a circular advising MDAs not to move their accounts from the affected banks. This measure was also endorsed by the Federal Executive Council at its meeting on Wednesday.

Boko Haram: Police dock 97 sect members
National News Aug 21, 2009

By Kingsley Omonobi

*24 policemen killed, 30 missing in Borno alone
*Former Borno CP moved to Force Hqtrs

Abuja – In the aftermath of the Boko Haram attack in Maiduguri, Borno State in which hundreds of people were killed and property worth billions destroyed, the Police authorities have concluded arrangements to charge 97 members of the Islamic sect to court in Borno State today.

Indication to this effect emerged yesterday even as Commissioner of Police, Ibrahim Abdul, formerly the CP, Police Air Wing, was yesterday appointed the new Borno State Police Commissioner. He takes over from Mr. Chris Dega who has been recalled to Force Headquarters, Abuja.

Vanguard gathered that the sect members who were responsible for the death of 24 police officers in Borno alone, while about 30 officers have been declared missing in action because their bodies were either burnt after killing them or buried in unknown locations, are to be charged for treason, arson and culpable homicide.

According to Police sources, charging the 97 members of the sect to court was in consonance with the rule of law policy of the Federal Government even though investigations have revealed that members of the sect are not only unrepentant of the massacre inflicted on 24 Police officers and Police stations, but agreed that most of the 30 others declared missing in action were either burnt to ashes or buried indiscriminately.

Noting that hundreds of the sect members had been relocated from their main camp to another place where eagle eyed security operatives are putting an eye on them, the source noted that even at the point of arrest and confinement, the sect members still say they are against Western education while the Nigerian constitution is not recognised by them because it is a Christian document.

Not in Lagos now: In Ilorin; 3 Raps of Apu and 2 Meat

@ All, Lets accept the fact that Nigeria is already a failed State, why are we not praying for the return of Zombie, but we are living with Baboon

C Nigeria Again, Hi TV High Probs,

kayality:
@ N_delta ONLY

even if the man is from Bakasi or Ijaw is not a Nigeria what is your concern,pls can u tel me types of nationality (kadriyahaya@yahoo.com)

OTHERS

please guys find something else to do rather than wasting your time, comet on this man.
k, please

Kayality

Just want to let u know that restricting urself to local history deny u off argument like this, so let ur Span go beyond Ilorin and Saraki

Democracy has failed in Nigeria -NBA President -Blame military for Nigeria’s woes -Fashola -Aondoakaa, Fashola differ on seniority

Kunle Awosiyan and Akeem Nafia, Lagos - 18.08.2009

THE Oceanview, Expo Centre, Eko Hotel, venue of the Nigerian Bar Association (NBA) annual general conference, witnessed a drama on Monday, as the Lagos State governor, Mr. Babatunde Fashola (SAN), told the Minister of Justice and Attorney-General of the Federation, Mr. Michael Aondoakaa, that he was his senior in judicial hierarchy.

The statement came following the remarks of the minister in his opening speech that he was made a Senior Advocate of Nigeria the same year with Governor Fashola and that they had been good friends since then.

However, Fashola said that Aondoakaa was not among the lawyers that were made senior advocates in 2004, when he bagged the SAN but that the minister became a SAN later with another set of lawyers.

Fashola said: “In matters of seniority in the Inner Bar we were not elevated the same year as Senior Advocate of Nigeria at the Bar, I was elevated in 2004, not the same year with you. Yours came much later.”

According to the governor, the issue of seniority in the law profession was taken with passion, noting that he became SAN in 2004, when he was the Chief of Staff to former Governor Bola Tinubu while Aondoakaa became SAN in 2006.

His disclosure generated reactions in the audience as they blamed the minister of justice for making claims when he did not have accurate records of events.

Meanwhile, the movement for the abolition of the rank of SAN within the Lagos branch of the NBA has called for abolition of the status of SAN as it described it as unjust, injurious, discriminatory and oppressive.

In a 12-point handbill distributed by agents of the branch on the premises of Oceanview Restaurant, Victoria Island, Lagos, where the 2009 NBA national conference is taking place, the state branch noted that the status of SAN now seemed hereditary and dynastic as it now ran in families, offices and chambers of prominent lawyers.

It stated that the status of SAN now portrayed a cult within the legal profession, saying that lawyers would prefer a level playing field for their professional practice.

“Unless the status is abolished, a level playing field cannot be achieved in the law profession in the country,” it said.

The group stressed further that call to the Bar was not sufficient for a successful private legal service until a lawyer was called or initiated into the body of SAN, adding that the status of SAN was impoverishing non-senior advocate lawyers, especially the junior members of the legal profession.

Earlier, the president of the NBA, Mr. Oluwarotimi Akeredolu, had berated the President Yar’Adua-led government, saying that recent events in the country had placed the country in a perilous condition.

Describing Nigeria as a failed state, Akeredolu said that it was common knowledge that across Nigeria, public trust in democracy was being challenged due to the perception that democracy had failed to improve lives.

He said: “Democratic institutions such as parliaments, executive branches and political parties are seen as ineffective in representing the people. Popular discontent with the lack of economic and social development cannot be divorced completely from recent upheavals.”

The NBA president said the body had resolved never to harbour interests extraneous to the wellbeing of the general public, saying it was a cruel paradox for a country so richly endowed to continue to wallow in abject poverty, while the commonwealth was concentrated in the hands of those he called ‘avaricious few’.

He said: “Corruption ranks as the vice with the most debilitating impact on the country. There is virtually no sector of the national life of the country the pernicious influence of graft, extortion and outright thievery are not noticeable.”

Meanwhile, Governor Fashola has said that military incursions into the nation’s polity played an aggravative role in its underdevelopment.

He stated this on Monday at the NBA conference in Lagos. Governor Fashola, while speaking on the theme of the conference, “Underdeveloped Nations, Failed Economies and the Future of the Legal Profession,” noted that underdevelopment was a manifestation of the failure of law and its practitioners.

He asked policy makers to see the current challenge posed by the global economic meltdown as an opportunity and not as a threat.

Declaring the conference open, the Attorney-General of the Federation and Minister of Justice, who stood in for Vice-President Goodluck Jonathan, noted that the theme of the conference was timely and very relevant to the prevailing global economic recession.

He used the occasion to assure Nigerians of the commitment of the Yar’Adua administration to the rule of law, stressing that it was the foundation for the country’s growth.

In his speech at the occasion, the Speaker of the House of Representatives, Honourable Dimeji Bankole, called for more collaboration between the legislature and the judiciary for the good of the country.

The speaker decried the absence of internal democracy in the country, saying, unless this was achieved, the much-talked about electoral process would be a mirage.

He expressed his displeasure at what he described as the refusal of the NBA to respond appropriately to some issues made against it by the House.

Specifically, the speaker alleged that the association had not responded to the report of the findings of the House on the probe of the power sector that was sent to it.

Mr. Bankole challenged the NBA to present its own set of bills for consideration to the House.

Other personalities at the opening ceremony included the Foreign Affairs Minister, Chief Ojo Maduekwe, former governor of Cross River State, Mr. Donald Duke, and the Edo State governor, Comrade Adams Oshiomhole.

More than 8,000 lawyers from across the country and in dispora are attending the one week-long conference.

LOL thats when they die we're talking about when living
[quote][/quote]Your works here determines your placement in heaven , Act wisely for
"The wicked shall see it, and be grieved; he shall gnash with his teeth, and melt away: the desire of the wicked shall perish." Psalm 112:10

THE AMAKA:
wait are you even nigerian? whats all this with talking shit.
do you think you are better than nigerians because you are living in a country where everyone looks at you as a nigger? wait, PLEASE! dont tell me you think you are high class living in china? abeg, oo!! hahahaha

scamming is better than kidnapping/robbing someone at GUNPOINT.
this dude! maybe he was scammed by a nigerian so he is angry. lol

Scammer, Robbing and thieves all belongs to the devil, straight to Hell Fire accompany by other violators of God Ordinance,

I was born and grew up here in Ilorin, am almost thirty years of age now, I have comprehensive a knowledge about Ilorin and its environs,

The above Interview is one of the numerous lies by Baba Oloyee.

The grand father was an almajiri from Iseyin as a small boy who came to Iliorin for Quranic education, He automatically became an indigine by the viture of his birth and that of the Dad.

this is not the first baba is saying this "Yes! I’m Fulani" but from different place, he was said and i quote "I’m Fulani from Keffi" "I’m Fulani from Gwandu"

you see has a lot of places he called his home, that is the politics he plays.

No indigenous Ilorin Speaks Fulani or Hausa Except those that stays in the North,

I was told of his sources of Money, The tactics he employ is that all his supporters converge at his official campaign residence and take footage and pics and send it to the the Oil Rich Arab Nation and tell them that the poeple are his responsibilities,

as for politics, he want his daughter to be the next Governor but the son is against such for its uncivilized, there is crack within the family for the two are of different mother (Bukky and Gbemi)

Jesus reveals more of God's intent about marriage, divorce, and adultery.

Back to the Plan of Creation

Divorce was commonplace in Jesus' day. Men and women had ignored God's ideal plan for marriage for a long time. Even so, some realized that divorce was not morally right; consequently, there was continuous debate within religious circles on when divorce was acceptable. The controversy centered on "something indecent" in Deuteronomy 24:1.

Is it lawful to divorce for any reason? The Pharisees questioned Jesus, "Is it lawful for a man to divorce his wife for any and every reason?" It was a loaded question. It guaranteed that almost any answer would offend someone and stir up controversy. Jesus responded to this question throughout the entire passage.

By asking "Is it lawful, " in Matthew 19:3 (in context with verse 7), the Pharisees were referring to the law of Moses. They believed that greater obedience to the law would raise one up another rung in the spiritual hierarchy. But was this the right question? Instead, purer hearts might have asked, "Is it lawful for a man to remain married to his wife when there are good reasons to divorce?" The Pharisees wanted reasons to break up a marriage; Jesus responded by emphasizing what keeps a marriage together -- God's way.

Jesus reminded the Pharisees of God's original purpose and design for marriage from creation. He went back to the original blueprint of the Master Architect rather than argue with some of the contractors over how they built the house. People may fail in the construction of their marriages, but God's original design for husband and wife is flawless.

"Haven't you read," Jesus asked the Pharisees, knowing they knew well the Creation account in Scripture, "that at the beginning the Creator 'made them male and female?'" God (actually, Jesus Himself -- Col. 1:17; Heb. 1:3; Ps. 33:9) created one man (Adam) for one woman (Eve). God designed and created men and women for each other from the creation of humankind.

In verse 5, Jesus confirmed that this creation ideal is the reason anyone (without limiting this to Jews or any other group of people) leaves parents and cleaves to his or her mate in a one-flesh relationship. Anything that destroys the new family structure is contrary to God's will. In verse 6, Jesus concluded by adding, "Therefore what God has joined together, let man not separate." God joins husband and wife together -- not civil contracts or a sexual relationship. Spiritually they become like one person. No human being is to separate them. This is a creation law of God given before the law of Moses.

How are two persons "joined together?" Marriage is both a binding and bonding commitment between husband and wife. They make lifelong vows of fidelity, and God is a witness to these vows. He yokes them together, and those in a single yoke cannot separate themselves without removing the collar.

In context, the last part of verse 6 literally says, "and keep on not letting man separate". This is a continuous command throughout a marriage.

Why did Moses permit divorce? The Pharisees heard Jesus' response and believed they saw a contradiction with Deuteronomy 24:1-4. They immediately asked Jesus, "Why then did Moses command that a man give his wife a certificate of divorce and send her away?"

Jesus answered the Pharisees by giving them the reasoning behind Deuteronomy 24:1-4. First, Moses permitted the Israelites to divorce their wives; it was not a command as the Pharisees suggested. Nor did Moses create divorce -- it was already a common practice among the Israelites. The law of Moses was really a damage control measure as divorces occurred.



Because adultery usually takes place in secret or seclusion, proof thereof in most instances is by circumstantial evidence, through showing desire, by evidence of mutual affection or otherwise, coupled with opportunity under conditions or circumstances from which a reasonable judge of human nature would be led to conclude that adultery was committed. [Emphasis added.]

We must act wisely to arrive at an honest conclusion on this important matter. If reasonable Christians, aware of the relevant facts, believe that the circumstances (through desire and opportunity) support sexual infidelity (porneia), perhaps that is enough to fulfill the intent of verse 9.

The teaching that an unscriptural divorce followed by remarriage is adultery is a very hard principle to receive. It shows how important the purity and longevity of a marriage is to God.

Who can accept this teaching? In verse 12, Jesus added: "The one who can accept this [teaching] should accept it." Marriage is a matter of free choice; God does not coerce anyone into it. If anyone wants to marry, then he or she should accept the responsibilities of marriage. The couple should glorify God through their union as He intended from creation and honor its permanence and fidelity. Likewise, if anyone remains single, he or she should glorify God as an unmarried individual (1 Cor. 7:32-35).

Goje’s Judgement
Editorial Aug 14, 2009

An eye for an eye will make most of the world blind. – Moshe Dayan, former Israeli Minister of Defence, more famous as the one-eyed general

Alhaji Muhammad Danjuma Goje, Governor of Gombe State supports the killing of the Boko Haram leaders. He also professes his respect for human rights, but Boko Haram has to be treated devoid of human rights.

The Governor shared his thoughts with the National Executive Council of the Nigeria Union of Journalists. “Anyone who kills must definitely die, no matter how. I don’t understand the hype this thing is generating, we should rather commend the efforts of the security operatives for getting to the top of the situation.

“These people have killed innocent souls just because they wanted everybody to be in their camp. I am a victim of their dastardly act, as one of my cousins, a promising young man, who was getting to the top of his God-chosen career, as a police officer, was killed by those people in Maiduguri. We should not pity them at all. They killed and so they should be killed too”.

Governor Goje is not the only one taking the path of revenge, but his views, expressed to the journalists was also a reprimand for them to put human rights in proper perspective, instead of taking the foreign meaning of human rights.

What are we supposed to make of this type of position, from the Governor who was expected to defend the law? Was Governor Goje emotional about the matter because he lost a cousin in the riots? Is the law safe under the protection of a Governor who holds this inciting position?

Suspects have rights. These rights are in our Constitution, which in Section 33 (I) gives only the courts the powers to rule on taking life.

The best explanation for suggesting Boko Haram leaders be punished summarily is that they should die, just as they have dispatched many to their graves.

After President Umaru Musa Yar’Adua decided to probe the riots that pushed the country towards the edge, as these uprisings always do, some have defended the actions of the security agencies as patriotic in all their ramifications.

They reason that stopping the riots, and saving lives, were more important than the means and methods of achieving law and order. No matter what the debates are, there are laws guiding this society. We may have descended to a level of lawlessness that ignores these laws, but that is not a good reason for disobeying the law.

Life is important, without duplicate and the finality of decisions that involve taking life must reflect a sobriety that appreciates the terminal consequences of the action. The laws are there to ensure an orderly manner for decisions on life.

Emotions run high on matters of life. It is another sound reason to make legal judgements about life. We must all find the patience to obey the law. Aberrations like Boko Haram cannot form the legal norms of society.