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FamilyI Sold My New Born Baby For N400,000 To Pay Rent, Feed — Suspect by treesun(op): 8:24am On Aug 03, 2024
As soon as the midwife placed the newborn baby in HappinessMonday’s arms, she gazed into her baby’s eyes, taking in the tiny features and soft skin.

But before she could even hold her close, the nurse swiftly took the baby away, handing her to a stranger who had been lurking in the shadows with some wads of Naira notes in exchange for the newborn.

As you read this piece, the midwife and mother of the newborn baby are cooling their heels in the custody of the Commissioner of Police, Rivers State Police Command Monitoring Squad.

Their arrest, as gathered, followed an intelligence report about a building that serves as a birth house in Rumuokwurusi town in Obio-Akpor Local Government Area of Rivers State, where newborn babies were allegedly sold.

Consequently, the Command boss, CP Olatunji Disu, directed the Commander of the Monitoring Squad, CSP Grace Wonwu, to unearth the baby sale gang. Police sources hinted that when the policemen arrived at the house on July 6, 2024, a 17-year-old pale-looking pregnant teenager whose baby was allegedly to be sold upon delivery was rescued, alongside the woman whose newly born baby was sold.

In this interview with the mother of the newborn baby that was sold, she revealed that she was paid N400,000 for the sale of her baby. When asked why she volunteered to sell her baby, the woman, who identified herself as Happiness Monday, blamed her action on poverty and hunger. Without access to education, employment, or social support, she said she was left with no other option but to sell her baby.

Her confession: “I came from Akwa-Ibom to hustle in Port Harcourt. I was living on my own until a flood chased me out. I started living with my man friend. When I was pregnant, he asked me to leave the pregnancy. Later, he started accusing me of sleeping around with the pregnancy and denied paternity of the baby.

“In September 2023, he told me he was going for a job outside Port Harcourt but never returned. When I went to ask his mother of his whereabouts, she told me that she had not been on talking terms with her son for years. She said since her son didn’t accept the pregnancy, she won’t accept it either. Later, when the house rent expired, I went to an uncompleted building to stay. By the time I came back from antenatal one day, the owner of the uncompleted building had put a gate there and locked it. It was at that point I went to tell this nurse (pointing to the midwife) to help me get someone that would take my baby, since I didn’t have shelter or money to feed and clothe the baby. She told me she had somebody that would take the baby for N400,000. Immediately I was delivered of the baby, someone came and the baby was handed over to the person. I didn’t see the person’s face. I only told the nurse to assure me that the person taking the baby would take care of her and would not kill her. She said the nurse that brought the buyer said the person was a Pastor’s wife.

Out of the N400,000, I rented an apartment, used some to pay the debt owed, and the balance of N160,000 was kept in the nurse’s account with the intention of establishing a business. It was because of this same hardship that made me take my three older children to the mother of their father back in the village. He left me for another woman because he didn’t pay my dowry.”

On her part, the 31-year-old midwife, Success Igwe, said that was the first time she was involved in the sale of a baby. She said she gave out the baby for N450,000 and collected only N50,000 meant for delivery charges and handed the rest to Happiness.

Asked what the pregnant teenager was doing at her birth house, she said, “Her sister brought her on Thursday, July 4, 2024. She said she should be with me because she was going to a convention. When I asked if she was aware the girl was pregnant, she said yes. I had to give her some medicine because she was running a temperature when she arrived. It was two days later that I was arrested.”

However, the pale-looking teenage girl could not express herself in English. She only identified herself as Margret Okonide and said she came from Akwa-Ibom. Efforts made to gather more facts from her failed due to the communication barrier.
https://www.vanguardngr.com/2024/08/i-sold-my-new-born-baby-for-n400000-to-pay-rent-feed-suspect/

Foreign AffairsKamala Harris Is OFFICIALLY The Democratic Nominee For President by treesun(op): 7:37pm On Aug 02, 2024
Kamala Harris is OFFICIALLY the Democratic Nominee for President

https://x.com/HarrisWarRoom/status/1819422054439137314
PoliticsRe: Protesters Shot Dead In Niger State by treesun(op): 4:22pm On Aug 01, 2024
benuejosh:
FAKE NEWS
Nlfpmod, what this one is calling fake news has been confirmed by NBA!
PoliticsRe: Protesters Shot Dead In Niger State by treesun(op): 2:05pm On Aug 01, 2024
benuejosh:
FAKE NEWS
You need evaluation!
PoliticsRe: Protesters Shot Dead In Niger State by treesun(op): 1:55pm On Aug 01, 2024
benuejosh:
FAKE NEWS
You can go and check for yourself. Always defending oppression!
PoliticsProtesters Shot Dead In Niger State by treesun(op): 1:52pm On Aug 01, 2024
At least six people have been reportedly killed while some sustained injuries in the ongoing protest in Suleja, Niger State.

The victims were said to have killed while security operatives were struggling to dislodge a group of protesters who mounted barricade on a section of Abuja-Kaduna highway.



Daily Trust had reported how passengers and motorists were trapped on the road for hours.

Some policemen who were around the barricade could not control the youths who outnumbered them.

However, a reinforcement team was sent to the scene where pandemonium occurred.

Among those killed was said to be Yahaya Nda Isah, a resident of Hassan Dalatu Road, Suleja, who was hit by a stray bullet.

The bullet reportedly hit Isa on his bike in front of the Suleja Police ‘A’ division where protesters had assembled.

A nephew of the deceased told Daily Trust that his uncle was on his bike when the bullet fired to disperse the protesters hit him on his chest and he died on the spot.


“He was my uncle. He was not even protesting. He was passing in front of the Police ‘A’ division where some people were protesting when stray Bullet hit him on his chest and he died. As I speak with you, I am in his house alongside other mourners. It’s unfortunate”, he said.

Another victim was simply identified as Mallam Abu also said died on the spot.

One of the residents who did not want his name mentioned told Daily Trust that 3 other people were shot at the same scene while 2 others were shot at the Suleja Junction on Abuja-Kaduna road but could not confirm if other victims were dead.


Another resident who said his shop was not far from the Suleja Police “A” division said he had to close to run for his life.

“We heard people shouting and gunshots were heard for about 20 minutes at Emir Roundabout. The situation in Suleja is ugly”, Bala Abdullahi, another resident.

Spokesperson of the Niger State Police Command, SP Wasiu Abiodun, said some hoodlums also attempted to set the Tafa LGA ablaze but they were dispersed by security operatives.

“The miscreants attempted to set the Tafa LGA ablaze, they were dispersed by the Police and military. Kaduna road and toll gate was cleared”, he said.

When contacted over the phone, Wasiu Abiodun, Police Public Relations Officer in Niger, said, “Let me verify and get back to you.”


However, he had not sent his response as of the time of filing this report.

https://dailytrust.com/beraking-protesters-shot-dead-in-niger-state/
PoliticsProtesters overwhelm Security Operatives, Block Abuja-Kaduna Highway by treesun(op): 12:33pm On Aug 01, 2024
Hundreds of travelers are currently stranded at the Suleja axis of the Abuja-Kaduna highway in Niger state.

This is as a result of protesters blocking the free flow of movement on a section of the road.

An Abuja resident, Abubakar Ibrahim, who was billed to travel to his home state of Kaduna, told Daily Trust around 11 40 am on Thursday, that the vehicle he boarded had spent over two hours around Gauraka junction.

“I left Zuba town where I boarded the vehicle before 10 am, but we have been made to stop here around Gauraka junction where we have spent about two hours. Protesting youths have blocked the highway.”

He said the gridlock had extended to some kilometeres, covering between Aluminum Village and nearby Zuma military barracks.

“There are few policemen standing from afar, but they can do nothing about the road block as the number of the youths is beyond their control.”
https://dailytrust.com/breaking-protesters-outnumber-security-operatives-block-abuja-kaduna-highway/

PoliticsProposed Protest: Open Borders For Food Import To Crash Price, OPC Tells Tinubu by treesun(op): 3:18pm On Jul 31, 2024
The Oodua Peoples Congress (OPC) has called for dialogue between the government and leaders of the planned protest to highlight current economic hardships arising from the reforms initiated by President Bola Tinubu.

The organisation also urged the president to open the land borders, particularly in the Southern part of the country for the importation of food items to bring down price.


The OPC, which gave the advice in a statement, on Tuesday, by its president, Otunba Wasiu Afolabi, however, cautioned against those planning the protest and called on the protesters to embrace dialogue.

It urged President Tinubu to immediately issue an Executive Order opening up all the country’s borders in the South-West and South-South in order for rapid inflow of food that would lower prices.

“A hungry man is an angry man. The government must crash the price of food, electricity and fuel for peace to reign and for people to know that the government cares about their welfare,” it stated.


It enjoined the government to concentrate efforts on fixing the nation’s refineries to produce domestic fuel in order to solve the problem of inadequate and expensive petroleum products.


“If one man, Aliko Dangote, can build a refinery in less than 10 years, how can ordinary maintenance of four full-fledged and functional refineries become an impossible task since 1999 when civilians took over power? What is the mystery?









“Government must identify, expose and apprehend cabals and all the enemies making life unduly difficult for commoners in Nigeria. This nation belongs to all of us and Nigerians must be able to enjoy their commonwealth.”


He also called for reduction in the cost of governance, adding: “A situation where citizens are urged to tighten their belts; but politicians are living larger than life on public funds can only bring discontent and rebellion. Government must cost the cost of governance. These are austere times and the leader must also adopt austerity measures.”


The OPC also asked the police to prevent the demonstration from being hijacked by hoodlums who could use the protest for looting and mayhem.

According to the body, Nigerian leaders and protest organisers must not toe the line of Kenya, where demonstrations degenerated into a bloodbath with loss of lives and wanton destruction of property.


“Protestors and government have lost control in Kenya. We cannot afford to go that way. We have no other country but Nigeria; and we cannot allow a civil protest to spiral out of control,” OPC said.

https://tribuneonlineng.com/proposed-protest-open-borders-for-food-import-to-crash-price-opc-tells-tinubu/
PoliticsRe: We’ll Be Eating While You Are Out There, Akpabio Taunts Protesters by treesun(op): 2:58pm On Jul 31, 2024
Nlfpmod!
PoliticsWe’ll Be Eating While You Are Out There, Akpabio Taunts Protesters by treesun(op): 10:49am On Jul 31, 2024
Senate President Godswill Akpabio has taunted those calling for demonstration over the economic hardship in the country.

According to him, those interested in the protest can go ahead “but let us be there eating”.


Thung Khe Pass, White Stone Slope, Hoa Binh, Flycam - Nếm TV

Akpabio spoke at an event organised by the Niger Delta Development Commission (NDDC) on Tuesday in Rivers state.

His comment is coming on the heels of a planned nationwide protest by some Nigerians to demand economic and political reforms.

Inspection General of Police, Kayode Egbetokun, met with some of the organisers on Tuesday in Abuja, appealing to them for virtual protest but they insisted on going to the streets.

However, during the NDDC event, Akpabio said he was not interested in any “regime change”.

“All of us feel the impact of what is happening now. But we are aware it will be for a short while. MD, I want to thank you for what you said. You said we are not interested in regime change, let us own this government.

“Those who want to protest can protest, but let us be there eating — I must thank the Niger Delta”, he added.


He said “we acknowledge the fact that the impact of oil and gas activities in our region has done immeasurable damage to our people.”

The national assembly, he assured, is ready to help with legislation to curb oil spillage and environmental pollution in the region.

“The specific issues faced by the Niger Delta must be contained in that communique because we are going to make it available to Mr President,” he said.

“The ones that need legislation will come to us, the ones that need intervention will go to NDDC, the ones that need more money will go to the president and commander-in-chief and I assure that those issues will be addressed”, he submitted.


The National Assembly under Akpabio’s leadership has fixed an emergency session for the eve of the protest.

https://dailytrust.com/well-be-eating-while-you-are-out-there-akpabio-taunts-protesters/
PoliticsRe: Protest: Ooni Cautions Against Destruction Of Public And Private Assets by treesun(op): 11:17pm On Jul 30, 2024
Nlfpmod, these people!
PoliticsProtest: Ooni Cautions Against Destruction Of Public And Private Assets by treesun(op): 10:27pm On Jul 30, 2024
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, on Tuesday, appealed to aggrieved youths planning the forthcoming #EndBadGovernance protests slated for August to give the Federal Government more time to fix the wobbling economy.

The first-class monarch described the economic hardship being felt in Nigeria as a “global phenomenon” hence the President Bola Tinubu administration should be given time to correct the inflationary anomalies.

“The agitation is real, we have a lot of suffering in the country but not only in Nigeria; it is a global phenomenon,” Oba Ogunwusi said on Channels Television’s Politics Today programme shortly after he met with traditional rulers in the Southern region of the country.

“We must ensure that we appeal (to protesters) so that they can give the Federal Government a little bit of time to correct since it is a global thing.”


He admitted the people’s right to protest but cautioned against the destruction of public and private assets during the planned rallies, saying the people would be the ones to suffer if such assets were burnt.

The planned protests against economic hardship, which is gaining traction on social media, have been scheduled to be held across all states of the Federation as well as the nation’s capital Abuja in August.

Prices of food and basic commodities have gone through the roof in the last months, as Nigerians battle one of the country’s worst inflation rates and economic crises sparked by the government’s twin policies of petrol subsidy removal and unification of forex windows.

The police, military and the Department of State Services had warned against Kenya-styled protests. Politicians, who surmised that the planned rallies might end up like the EndSARS demonstrations of October 2020, have continued to appeal to youths to shelve the planned rallies but the young people remain unfazed, doggedly insisting that the protests will hold.
https://www.channelstv.com/2024/07/30/hardship-a-global-phenomenon-fg-needs-time-ooni/

PoliticsRe: African Cities Sitting On ‘keg Of Gunpowder’ As Growing Youth Anger Fuels Unrest by treesun(op): 9:13pm On Jul 30, 2024
Nlfpmod!
PoliticsAfrican Cities Sitting On ‘keg Of Gunpowder’ As Growing Youth Anger Fuels Unrest by treesun(op): 2:49pm On Jul 30, 2024
African cities sitting on ‘keg of gunpowder’ as growing youth anger fuels unrest
By Nimi Princewill and Stephanie Busari, CNN
6 minute read
Published 5:57 AM EDT, Tue July 30, 2024

Demonstrators are detained by police after trying to reach the Ugandan Parliament during an anti-corruption march in Kampala on 23 July 2024. Isaac Kasamani/EPA-EFE/Shutterstock
CNN

In some of Africa’s major cities, young people are experiencing a summer of discontent as anger and frustration erupt over corruption, the soaring cost of living, and widespread unemployment.


The protests began in Kenya last month, where young people – particularly Gen Z – engaged in six weeks of demonstrations over an unpopular bill that sought to raise taxes. At least 50 people died as a result.

President William Ruto retracted the bill and announced a shake-up of his cabinet following pressure from demonstrators who remained on the streets, saying they were unhappy about alleged corruption and police brutality in his government. There have been some calls for him to resign.

Kenya, East Africa’s dominant economy, has grappled with escalating living costs that have spiked food prices and other commodities, amid a rising unemployment rate among the country’s youth. The nation also owes billions of dollars in foreign and local debts, spending a sizeable chunk of its revenue repaying its creditors.


Military and police personnel arrest protesters during the anti-corruption protest in the Ugandan capital, Kampala, on July 23, 2024. Xinhua/Shutterstock
The unrest swiftly spread to neighboring Uganda, where citizens attempted to march to the parliament in the capital, Kampala, on July 23 and 25. Security forces responded with a heavy clampdown, detaining more than 100 people, according to police reports.

Those protesting are angry about widespread government corruption in the country, which loses an estimated Sh. 10 trillion ($2.7 billion) in public funding to graft annually, according to Ugandan anti-corruption body the Inspectorate of Government (IG).


Radio host Faiza Fabz, who joined the protests, said on social media that the demonstration was an “opportunity to change the course of our nation” and “force the leaders to finally listen to us and demands of the people.”

Some of those demands include “auditing the lifestyle” of MPs “and publicizing it,” and the resignation of lawmakers involved in corruption scandals, according to a newspaper front page she shared on social media platform X. Fabz was among the demonstrators detained by the Ugandan police.

Uganda has witnessed some stability in its economy following “an oil-related construction boom and robust growth of agriculture,” according to the World Bank.


But it has also grappled with endemic corruption, scoring 26 last year on Transparency International’s Corruption Perceptions Index, which ranks countries on a scale of zero to 100, with zero meaning “highly corrupt” and 100 signifying that a country is “very clean.”

Several high-profile Ugandan politicians were sanctioned by the United States and the United Kingdom for corruption earlier this year, including the speaker of the country’s parliament, Anita Annet Among, whom the protesters called on to resign.

President Yoweri Museveni, 79, who has ruled Uganda with an iron fist for nearly four decades, warned the protesters they were “playing with fire,” and later praised the security forces for “foiling” the protests, and claiming without evidence that they were orchestrated with “funding from foreign sources.”

‘Reality check for African leaders’
In Africa’s most populous country, Nigeria, young people are also planning an “end bad governance” march on August 1.


Young Nigerians calling for protests want a respite from the country’s economic woes as inflation skyrockets to more than 34%, its highest level in nearly 30 years, causing one of the nation’s worst ever cost-of-living crises. Unemployment in the West African nation has also been on the rise, its data office said in its most recent report, in February.

They also want the country’s security problems curbed amid a rise in kidnappings for ransom, among other demands, which include “reducing the cost of living, curbing insecurity, reducing the cost of governance, electoral reform, judicial reform, and constitutional reform,” according to a signed statement from a group of civil society organizations.

Human rights lawyer Inibehe Effiong said in an interview with Arise Television on Sunday: “People are tired, people are hungry…. Why does the president have to wait till the 1st of August? He can start this moment to effect the changes that people are asking for.”

The last time a major protest occurred in Nigeria, security forces opened fire on unarmed protesters who were peacefully demonstrating against alleged police brutality, resulting in deaths and injuries.


Fearful of a repeat of the 2020 #EndSARS protests, Nigerian President Bola Tinubu has called for calm and implored citizens not to take to the streets.


RELATED ARTICLE
Kenyan protesters vow to seize country’s main airport as deadly unrest continues into sixth week
He warned that the planned protest “could degenerate into violence and set the country backwards,” alleging that the upcoming march was being instigated by citizens with dual nationality.

“The sponsors of protests do not love our country … They do not understand citizenship. They have alternative passports. They are in different parts of the world holding meetings virtually,” the president said.


A Nigerian defense spokesman said the planned protest could replicate deadly demonstrations in Kenya.

“The context of this planned protest is to shadow what is happening in Kenya … and … what is happening in Kenya … is violent … and remains unresolved,” spokesman Edward Buba said at a press conference, adding that “the military will not stand by and allow anarchy to befall our nation.”

For Gift Mugano, an adjunct professor of economics at South Africa’s Durban University of Technology, the youth uprisings are “a reality check for African leaders.”

“It’s like a protest contagion because the Kenya Gen Z movement is stimulating the momentum in other African countries,” Mugano told CNN.

He added that “as long as there are no economic opportunities, and governance and rule of law are not at their best, we will not have stability in the continent.”

Mugano advised African governments against cracking down on protesters, telling them to instead “attend to issues affecting the continent, create economic opportunities and improve governance.”

A ‘growing discontent’
Senegalese political analyst Mamadou Thior echoed this sentiment, telling CNN that the rising dissatisfaction among Africa’s youth could lead to unrest across the continent.

“There is a growing discontent among young people (in Africa) and those who are in charge should pay attention to this movement,” Thior said.

He added that “young people are impatient, and they want things to change at a very rapid pace.”

According to Thior, who leads the Senegalese media ethics organization CORED, youth activists across the continent are connected through social media, “and that’s why what is happening in Kenya can affect people in Uganda and even here in West Africa.”

Youth-led uprisings against corruption and bad governance have also erupted in other parts of Africa, including Senegal and Ghana, in recent months.


RELATED ARTICLE
Uganda’s President Museveni warns citizens they are ‘playing with fire’ over planned protests
Protests broke out in Senegal in February after its then-president Macky Sall announced a delay in the country’s scheduled elections. Following demonstrations that left at least three protesters dead, Sall backtracked on the delay after the Senegalese constitutional council ruled against his decision to postpone the vote.

The ruling coincided with the release of many political detainees, including current President Bassirou Diomaye Faye, who was released just a little over a week before the election.

In the preceding months, Ghana, Senegal’s fellow West African state, saw days of anti-government protests as demonstrators railed against economic hardships and unemployment.

Former Nigerian President Olusegun Obasanjo warned that the continent was on the edge of chaos.

“All over Africa, we are… sitting on a keg of gunpowder,” he said in a recent interview with CNN affiliate Citizen TV.

“There’s virtually no exception (country) in Africa where the youth are not angry. They are unemployed… unempowered and they see nothing other than hopelessness,” he said.

Obasanjo warned that “if no adequate attention is paid to the needs of the youth in Africa … it will be very ugly for all of us.”

https://edition.cnn.com/2024/07/30/africa/africa-youth-led-uprisings-intl
PoliticsProtest: Poverty, Hard Times Have Always Been With Nigerians – MURIC by treesun(op): 8:14am On Jul 30, 2024
The Muslim Rights Concern (MURIC) has said that poverty and hard times have always been major concern of Nigerians from time immemorial.

MURIC noted that inflation was global and that hunger was common around the world.

The group described the proposed nationwide hunger protest as an invitation to the mother of all hunger.

It said the organisers should rather toe the path of patience and dialogue.

MURIC made this known in a statement signed on Tuesday, by its Executive Director, Professor Ishaq Akintola.

“We warn clearly, categorically and emphatically that what the organisers call hunger protest is an invitation to the mother of all hunger.

“Instead of unleashing anger on the government and its paraphernalia, the organisers should engage the government in dialogue bearing in mind the consequences of violent protests around the world.

“Two other things that should be considered are the fact that inflation is global and hunger is common around the world.

“Nigeria is affected because we are not an island. The second consideration is the antiquity of hardship in Nigeria.


“Poverty and hard times have always been major concern of Nigerians from time immemorial. It is therefore too hasty and unfair to hang it all on a regime that is barely one year old,” part of the statement read.
https://dailypost.ng/2024/07/30/protest-poverty-hard-times-have-always-been-with-nigerians-muric/

PoliticsBoko Haram Planning To Infiltrate Nationwide Protests – Police Raises Alarm by treesun(op): 10:23am On Jul 29, 2024
The Police Command in Yobe State has raised concerns about a potential infiltration of the planned nationwide protest by Boko Haram insurgents.

DSP Dungus Abdulkarim, the Command’s spokesman, disclosed this in a statement on Saturday, indicating that foreign mercenaries might be involved in attempts to disrupt the protest and cause harm.

Abdulkarim urged individuals intending to join the protest to exercise caution, citing intelligence that suggests a plot to use the demonstration as a cover for violence and destruction.

“As Yobe state recovers from insurgency, the Commissioner of Police, CP Garba Ahmed, acknowledges citizens’ constitutional rights to peaceful assembly.

“While we alert citizens to sinister motives, even peaceful protests at this time may be ill-timed.



“Recent insurgency activities in Gujba LGA, including an improvised Explosive Device (IED) explosion, have raised concerns.

“We are unprepared to face additional security challenges,”
the statement highlighted.

The statement added that the Commissioner of Police, CP Garba Ahmed while recognizing the citizens’ right to peaceful assembly, warned that even well-intentioned protests could be problematic given the current security climate.

“We encourage protesters to cooperate with the Police, obey the law, and adhere to global best practices for peaceful assembly.

“We are committed to working with all to promote peaceful expression and maintain public order,”
the statement concluded.
https://politicsnigeria.com/boko-haram-planning-to-infiltrate-nationwide-protests-police-raises-alarm/

PoliticsOil Sector’s Foreign Investments Drop From $720m To $3.64m by treesun(op): 7:39am On Jul 29, 2024
Despite efforts by the government to attract more foreign investors into the oil and gas sector, the nation’s foreign capital investments in the industry nosedived from $720m in 2016 to $3.64m in the entire 2023.

The country also recorded no foreign capital investment in the first quarter of 2024, a report by the National Bureau of Statistics showed.

The report indicated that out of the $3.38bn capital importation into Nigeria in the first three months of 2024, the petroleum industry got nothing.

Capital importation is the inflow of foreign capital into a country, typically in the form of investments, loans, or other forms of financial resources.

THE LOUNGE: Engaged To A Girl I Gang-R?ped In School - Should I Confess My Involvement0:00 / 0:00

This can include Foreign Direct Investment, and portfolio investment such as investments in a country’s financial assets like stocks, bonds, and securities.

It can also be in the form of short-term loans, deposits, or other forms of temporary capital inflows.

The petroleum sector’s zero capital importation in Q1 2024 indicates that no foreign capital was invested in the sector during that period, which could potentially impact the sector’s development and growth.


Even as the total capital importation went up by 198.06 per cent to $3.38bn compared to $1.13bn recorded in Q1 2023, the sector that gives the highest revenue to the country attracted no foreign investment within the period under review.

The banking sector recorded the highest inflow with $2.07bn, representing 61.24 per cent of total capital imported in Q1 2024, followed by the trading sector, valued at $494.93m (14.66 per cent), and the production/manufacturing sector with $191.92m (5.68 per cent).

The marketing, consultancy, and construction sectors received inflows valued at $60,000, $300,000, and $610,000, respectively, but the oil and gas sector recorded no investment.

Our correspondent gathered that over the years, foreign capital investments in the petroleum sector have been declining.

In the first quarter of 2023, the petroleum sector recorded $750,000 in capital importation, but nothing was recorded in the second quarter.

The sector got $850,000 in capital importation in the third quarter, while it made a sum of $2.04m in the last quarter.

In total, the sector attracted $3.64m as capital importation into Africa’s largest oil-producing country in the whole of 2023.


Our correspondent reports that the petroleum sector recorded $6.37m as capital importation in 2022, this was below what was recorded in just one quarter of 2021.

It was gathered from the NBS that in Q1 2021, the nation gathered a sum of $57.25m as capital importation; $340,000 in Q2 2021; $940,000 in Q3; and $32.31m in Q4. In total, $101m was the capital importation for the year 2021.

Similarly, the NBS revealed that the sector garnered $208m in capital importation in 2014 and $29.76m in 2015.

It peaked in 2016 to as high as $720m. The nation’s oil sector in 2017 saw $331.36m as foreign capital investment. The sector got $133.51m in 2018; $216.23m in 2019 and $53.51m in 2020.

Experts react

A professor, Wumi Iledare, said the sharp drop in foreign capital investment in the oil sector is expected because investors are not convinced that the Petroleum Industry Act has changed the country’s style of doing business.

Iledare said the PIA, which is supposed to create incentives, was implemented wrongly by the previous administration of Muhammadu Buhari. He said the incumbent President Bola Tinubu is yet to look at the errors for possible corrections.


“This is expected. Investors are more concerned about the certainty of doing business in an environment. This also has to do with the way the PIA is being implemented. The PIA is expected to create incentives, but they started the implementation wrongly. That is why the PIA, in my opinion, is not doing what it is expected to do.

“So, what investors see in Nigeria is ‘business as usual’ because of the way the PIA is being implemented; and the new government did not sit down to look at the errors of the past administration in the implementation of the PIA. It continued with the status quo,” Iledare said.

The energy expert called for a separation of roles between the NNPC and the regulators, stressing that the NNPC is supposed to be a player and not a government agency.

“Until you can convince investors that it is not business as usual and you can let them see that the governance is not fluid. If you look at the PIA, there is a separation of roles between NNPC, the regulators, and the Minister of Petroleum who is to drive the policy framework that creates stability in the governance.

“NNPC is not representing the government per se because it is a player in the industry, and if they (investors) see the NNPC as people driving the policy of the industry, then it is going to send the wrong signal. There is supposed to be a clear separation of roles; the NNPC is supposed to be commercial and not necessarily an agency of the Federal Government driving the policy. The regulators should be seen to be fair and not biased towards the government,” he advised.

The PUNCH reports that the NNPC Group Chief Executive Officer, Mele Kyari, has repeatedly blamed the lack of investments in the oil and gas sector on the unrelenting activities of oil thieves and vandals.

During a meeting with the Economic and Financial Crimes Commission’s Chairman, Ola Olukoyede, in March, Kyari said, “When we say illegal connections, they are not invisible things, they are big pipes that require some level of expertise to be installed. Some of them are of the same size as the trunk line itself. No one would produce crude oil knowing full well that it is not going to get to the terminal. That is why nobody is putting money into the business. So, you can’t grow production.”


“I believe, personally, that the very purpose of your commission is to curtail economic crimes, and there is no bigger economic crime of this scale anywhere else than what is happening in this area,” the GCEO lamented.

https://punchng.com/oil-sectors-foreign-investments-drop-from-720m-to-3-64m/
PoliticsRe: We Are Protesting Against Extortion On Roads By LASTMA, Police, Area Boys by treesun(op): 6:32am On Jul 29, 2024
Nlfpmod!
BusinessYou Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by treesun(op): 5:47pm On Jul 28, 2024
The Arewa Youth Assembly, AYA, has pleaded with billionaire businessman, Aliko Dangote to respect and obey Nigerian National Petroleum Company Limited, NNPCL as the country’s regulatory body.

The group reminded Dangote that before the establishment of his refinery the NNPCL, NUPRC and NMDPRA had been existing as regulatory bodies.

It will be very selfish for Dangote to make them bend protocols to serve his personal interest,” Arewa youth said in a press conference addressed by its Speaker, Mohammed Salihu Danlami n Abuja on Sunday.

According to the youth group, the billionaire businessman should know these are sectors dealing with regulations and should try to stand by the rules and nothing more.

“Even the Dangote Groups, he heads has its own rules and regulations and all stakeholders must adhere to them.

Dangote from our findings wants to detect the Prices crude should be sold to him which is against the principle of world best practice. He wants the Bonny Light crude to be given to him at a rate he wants and wants the NUPRC to selfishly comply with his selfish ageNda to force the IOCs to be giving him all the Bonny Light crude oil forgetting it’s a willing buyer-willing-seller relationship.

“More of our findings show he wants NMDPRA not to license anyone else to bring in product. They said no! He blackmails them and is trying to incite Nigerians against NMDPRA, that they are giving license to marketers who bring in substandard products into the country.

“We are calling on the National Assembly to make public the Laboratory results from his own refinery to the public because information we are getting from different quarters shows the Product is substandard.

“We know Mr Dangote has been operating all his life in an industry that doesn’t have regulation, but the Oil/Energy industry has rules and regulations. He should come down from his horse so all parties can work for the interest of our nation unless he has an ulterior motive of trying to scuttle the administration of Renewed Hope agenda of President Bola Ahmed Tinubu.

“In specific terms, We stand to make it clear to the public that the Nigerian Government is only after Excellence. Dangote should be a yardstick of quality and stop parading up and down for his selfish desire. We demand that Dangote apologizes to the government and other business competitors for deforming their character or face the law.”
https://dailypost.ng/2024/07/28/you-cannot-dictate-price-of-fuel-bend-existing-rules-arewa-youths-to-dangote/

PoliticsWe Are Protesting Against Extortion On Roads By LASTMA, Police, Area Boys by treesun(op): 8:57am On Jul 28, 2024
The National Association of Maritime Transport Operators (NAMTOP) has announced its participation in a nationwide protest against bad governance, set to take place from August 1 to 10, 2024.
In a press statement, National Association of Maritime Transport Operators’s National President, Mr. Adeyinka Aroyewun, expressed the association’s commitment to the protest, highlighting the negative impact of poor governance on its members and the broader economy.

Aroyewun criticized the Lagos State government for imposing multiple taxes on truckers, including a harmonized daily ticket, Wharf Landing Fees, and additional charges for safety standards and heavy-duty permits.


Mr. Adeyinka Aroyewun [Credit: Reporters Dairy]
He stated, “We are particularly concerned about the double taxation on truckers by the Lagos State government through the Ministry of Transport.

“The imposition of a harmonized daily ticket on truckers through Lagos State Trucks and Cargo Committee (LASTCOC) in addition to Wharf Landing Fees, charging truckers for minimum safety standards by the Nigerian Ports Authority annually in addition to heavy-duty permits, road worthiness, etc., and charging for call-up to the port in addition to taxes to do business as Nigerians is unacceptable.

“Furthermore, we are protesting against extortion on roads by both state and non-state actors (LASTMA, police, unions, and area boys), indiscriminate arrest and impoundment of trucks by LASTMA, and issuance of arbitrary penalties. “We are also concerned about the insecurity of our members on the road during the movement of cargo.


“We wish to state categorically that our protest shall be peaceful and in line with the laws of the land. We believe that as responsible citizens, we have a right to demand good governance and accountability from our leaders. “We, therefore, call on all our members, other transport operators, and well-meaning Nigerians to join us in this peaceful protest to send a strong message to our leaders that enough is enough,” he added.


https://parallelfactsnews.com/transport-operators-insists-on-protest/
PoliticsHunger: Come Out And Protest Peacefully, IYC Tells N’delta Youths by treesun(op): 6:33pm On Jul 27, 2024
The Ijaw Youth Council (IYC) has asked youths of Niger Delta extraction to file out and take part in the planned peaceful protest against bad governance slated to commence on August 1.

President of the IYC Worldwide, Dr. Alaye Theophilus, made the call in a statement made available to Vanguard.

He was reacting to statements issued by the Chief of Army Staff, Inspector General of Police, state governors, ministers, and other top government functionaries asking Nigerians not to stage any protest.

The IYC president said Nigerians had at various times, from the colonial era to the present dispensation, protested to register their displeasure against bad governance and wondered why the present administration is kicking against citizens’ rights to express their dissatisfaction over the current hardship in the country.

He recalled how the APC government rode to power in 2015 on the crest of protests against the then Peoples Democratic Party (PDP)-led federal government for its inability to tackle rising insecurity, unemployment, and corruption.

According to him, protest is a universal right of citizens to draw attention of those in authority to examine their conduct, programmes, and policies and tailor them for the country’s overall development.

The hardship faced by the people of the Niger Delta, particularly those at the hinterlands, is becoming unbearable as a litre of fuel now sells for over N2,000, one pure water for N100, and other essential commodities have gone beyond the reach of the people.

“Sudden deaths have become a common occurrence in rural areas due to hunger and untold suffering
,” he stated.

Dr Theophilus advised security agents to be cautious in their approach and urged them not to be overzealous and brutal while monitoring the protest in order to maintain law and order.
https://www.vanguardngr.com/2024/07/hunger-come-out-and-protest-peacefully-iyc-tells-ndelta-youths/

PoliticsRe: "Occupy Nigeria Protest Didn’t Turn Violent, GEJ Didn’t Approve Use Of Force" by treesun(op): 6:30pm On Jul 27, 2024
Nlfpmod, Goodluck remains our flagship of true democracy!
Politics"Occupy Nigeria Protest Didn’t Turn Violent, GEJ Didn’t Approve Use Of Force" by treesun(op): 12:54pm On Jul 27, 2024
Occupy Nigeria protest didn’t turn violent because Jonathan didn’t approve use of force: Ex-SSS director

“No matter how good their intentions are, I believe this protest will be hijacked eventually.’’


An ex-director of the State Security Services, Mike Ejiofor, has said 2012 Occupy Nigeria protests did not turn violent because the then president Goodluck Jonathan did not approve the use of force.

Mr Ejifor, who appeared as a guest on Friday’s Arise TV Morning Show, explained this while discussing the planned protest against economic hardship slated for between August 1 and August 10.

According to Mr Ejifor, how a protest turns out depends on how the present government reacts to such protest, He stated that the 2012 protest did not turn violent because of Mr Jonathan’s body language, explaining that the country’s situation in 2012 was not as bad as now.

He noted that though the citizens might have good intentions with the protest and within the right to do so, the protest would eventually be hijacked and as a result he would continue to plead with the organisers to shelve it.

Mr Ejifor added that they were afraid that the protest would be hijacked because while some people were against the government and decided to protest, others who were in support of the government for their own personal interest and not because of national interest may represent their own interest which may cause violence during the protest.

Mr Ejifor said, “The 2012 protest didn’t turn violent, one, because of the body language of the sitting president then. He allowed everything to go and the situation was not as bad as what we have now. Now, it can be exploited because people are hungry, desperate and want to use anything to vent their anger. It is their legitimate right to protest as enshrined in the constitution. But I think they (organisers of protest) did us a lot of good by giving sufficient notice to the government of their intentions to go on protest and you can see the grounds of appeals from various stakeholders and interest groups appealing to them to shelve the plan.

“No matter how good their intentions are, I believe this protest will be hijacked eventually. Looking at their demands, we will all agree that there is economic hardship in the country, there is hunger and anger in the land, but again people who are more hungry now will explore the opportunity to loot people’s shops and it will eventually turn violent and that’s why we will continue to appeal to the organisers to shelve the plans and give government time to look at it. Some people might tell you that this APC government is not doing well, others will tell you that this is the best government.”

Mr Ejifor further said that nobody said youths should not protest but if they protest and it turns violent, the government has the statutory mandate of protecting the state and the innocent citizens.

“The point remains that people have the right to protest as long as it doesn’t turn violent. The ordinary man in the street also needs to know what is happening because some people do not even have electricity to look at the nation to know what is going on. I think the president needs to directly speak to the people, maybe make a national broadcast, this will help in relaxing the situation.”

Meanwhile, on Thursday, the military warned that it would not allow any form of violence during the planned protest, stating that it uncovered schemes by dishonest people to hijack the protest and incite violence against defenceless Nigerians and establishments.
https://gazettengr.com/occupy-nigeria-protest-didnt-turn-violent-because-jonathan-didnt-approve-use-of-force-ex-sss-director/

BusinessRe: Dangote Refinery Begins Reselling Of Imported Crude Oil Amid Domestic Crisis by treesun: 9:49pm On Jul 26, 2024
Chinkoalhaji34:
Finally, some positive movement!

It's high time we start utilizing our resources wisely.

Dangote is showing us the way; while others are busy complaining, he’s making moves that can benefit the economy.

Imported crude oil? It’s a strategic play to stabilize our market. Let’s see how the critics will spin this one.

We need more innovators like Dangote who aren’t afraid to take risks for the greater good of Nigeria.
Dried green leaves, very dangerous to your head!
BusinessRe: Dangote Refinery Begins Reselling Of Imported Crude Oil Amid Domestic Crisis by treesun: 9:47pm On Jul 26, 2024
PoliticsAirfares May Rise As NAMA Set To Raise Levy By 800% by treesun(op): 6:02pm On Jul 26, 2024
Amid complaints by the Airline Operators of Nigeria over multiple taxation, the Federal Government has expressed its intention to further raise its charges.

The Managing Director of the Nigerian Airspace Management Agency, Umar Farouk, announced this on Friday at the League of Airports and Aviation Correspondents seminar themed “Aviation Survivability amidst a Challenging Macro-Economic Environment,” held in Ikeja, Lagos.

He stated that the agency would raise its en-route navigational charges from N2,000 and N6,000 to N18,000 and N54,000 per flight. Similarly, the airspace agency increased the extension of service hours to airlines from N50,000 to N450,000, representing an 800 per cent increase per extension to enable the agency to recover the cost of diesel and other logistics during the extension period.

This means that airfares might also skyrocket by 800 per cent.

THE LOUNGE: Engaged To A Girl I Gang-R?ped In School - Should I Confess My Involvement0:00 / 1:01

In January, NAMA and the Nigerian Civil Aviation Authority held a strategic meeting with some airline operators to review what has been described as the outdated N16,000 terminal en-route navigational charges.

He said, “The Nigerian Airspace Management Agency relies on statutory fees for the management of the airspace (remember that aviation takes place only in the air). These funds are generated from services we provide to the flying community. Without these funds, NAMA can’t discharge its responsibility of ensuring the safety of our airspace effectively. We mainly generate these funds through the airline companies.”

Farouk also noted that in 2023, NAMA had an expenditure of about N21 billion in personnel costs alone, over N12 billion in capital costs, and over N10 billion in overhead costs, adding that all these were to be funded without the Federal Government budgetary allocation.




He said NAMA had been charging as low as N11,000 per flight when a one-way domestic ticket cost only N16,000.

He mentioned that while ticket prices today have gone up astronomically to as high as between N150,000 to N200,000 for a one-way economy ticket owing to the prevailing economic circumstances, NAMA navigational charges had remained the same since June 2008.

“Currently, our unit rate for international flights charged for service provision is about $70, and domestic flights are charged N6,000. While NAMA recognises the difficult economic environment in which aviation operates in Nigeria, it is equally a part of the ecosystem.

“It goes to the same market to procure equipment and other services like training. If NAMA is to survive and continue to guarantee safety and efficiency in the airspace, it must breathe.

“Even though most costs in the economy have increased by more than 1,000 percent, NAMA has proposed to increase its fees by 800%. The new rates for en-route and terminal navigation charges are to be reviewed from N2,000 and N6,000 to N18,000 and N54,000 per flight.

“Also, the extension of service hours is to be reviewed from N50,000 to N450,000 per extension to enable the agency to recover the cost of diesel and other logistics during the period of extension”.

“The largest percentage of NAMA’s revenue comes from en-route navigation charges (domestic and international flights) and terminal navigation charges (domestic and international flights). While international flights pay in US dollars, domestic flights pay in the Nigerian currency.”

https://punchng.com/airfares-may-rise-as-nama-set-to-raise-levy-by-800/
PoliticsExecutive Secretary Of Nigerian Agency, NERDC Prof Junaidu, Slumps, Dies by treesun(op): 4:36pm On Jul 25, 2024
A source within the agency made this known, adding that the deceased was healthy and left no sign before his death.

The Executive Secretary of the National Education Research Development Council (NERDC), Prof. Ismail Junaidu has been confirmed dead.



A source within the agency made this known, adding that the deceased was healthy and left no sign before his death.



Speaking with Daily Trust, the source which described Junaidu’s death as sudden said he died in early hours of Thursday in Damaturu, Yobe State, where he was attending the Joint Consultative Committee on Education (JCCE) programme.



“He did not slump, death just happened,” the official noted.



Details of his death were sketchy as at the time of this report, but a source who did not want to be named, said the deceased slumped and died.



However, the claim was refuted by an official of NERD.



Meanwhile, his corpse is being conveyed to Katsina for burial, which is later on Thursday.



He was born on 3rd June, 1953 and obtained his qualifications in Linguistics and Language: PhD University of Indiana, USA; Master’s Degree University of York, England and Bachelor’s Degree, ABU, Zaria-Nigeria.



He was a Professor of Linguistics as well as Educator, Educational Administrator, Curriculum Developer, and Educational Policy Facilitator and Designer.



He was a member of many scholarly and professional organizations. These include: Member and Member of Council of the International Association of Educational Assessment (IAEA); Association for Educational Assessment in Africa (AEAA) as Member and Immediate Past Regional Chair West Africa; Member Nigerian Academy of Education (NAE); Founding Member Linguistic Association of Nigeria (LAN); Member Curriculum Organization of Nigeria (CON); Member Reading Association of Nigerian (RAN), etc.


https://saharareporters.com/2024/07/25/executive-secretary-nigerian-agency-nerdc-prof-junaidu-slumps-dies-during-public-meeting
PoliticsRe: Nigeria’s Inflation Rate Exaggerated, Says APC National Secretary Basiru by treesun(op): 1:31pm On Jul 25, 2024
Nlfpmod!
PoliticsRe: Nigeria’s Inflation Rate Exaggerated, Says APC National Secretary Basiru by treesun(op): 11:04am On Jul 25, 2024
These people are wicked!
PoliticsNigeria’s Inflation Rate Exaggerated, Says APC National Secretary Basiru by treesun(op): 9:20am On Jul 25, 2024
The National Secretary of the ruling All Progressive Congress (APC), Surajudeen Basiru, said Wednesday that Nigeria’s inflation rate, as given by the state-owned National Bureau of Statistics (NBS), is exaggerated.

The lawyer and former senator made this claim on the Channels Television’s primetime show, ‘Politics Today’, on Wednesday evening.

He said it when confronted with the NBS data, insisting that Nigeria’s inflation rate had slowed down over the past four months.

I am aware that NBS is currently working on analysing and rebasing our GDP, and when the figures come out, then you can now be talking of a correct figure.

“I know that there are inflation challenges, but they are not up to that level,” he said.

The top APC officer argued that the NBS data shown to him did not reflect the agency’s current inflation rate.

NBS’ latest report on inflation said Nigeria’s inflation rate stood at 34.19 per cent as of June.

PREMIUM TIMES reported that with the June report, Nigeria’s inflation rate rose for the fifth consecutive month as Nigerians grappled with increased cost of living.

The Nigerian government has been scrambling to implement extraordinary measures to address the relentless rise in food prices, but these efforts have yet to yield any significant impact.

Earlier this month, the Minister of Agriculture, Abubakar Kyari, confirmed that the President Bola Tinubu administration has suspended duties, tariffs, and taxes on the importation of major food items such as beans, wheat, and husked brown rice.

Mr Basiru, who served as Attorney-General and Commissioner for Justice in Osun State, blamed the current economic hardship and food insecurity on global events such as the Middle East crisis and the COVID-19 pandemic.

He argued that Nigerians are not the only victims of the economic hardship, maintaining that it is a global problem.

Mr Basiru also spoke about the upcoming nationwide ’10 days of rage’ protest organised by young Nigerians, which will take place from 1 to 10 August, to express their grievances over hunger and insecurity in the country.

The APC chief said the protest is politically motivated and has nothing to do with the economy.

However, he said President Bola Tinubu’s administration was working hard to address issues regarding inflation and pleaded with Nigerians to be patient instead of embarking on the “10 days of rage” planned protest on 1 August.

Pat Utomi cautions APC
Responding to Mr Basiru’s claims, Pat Utomi, a political economist and professor who also appeared on the TV programme, cautioned the ruling APC against stifling the voice of Nigerians.

He advised that people be allowed to exercise their right to protest.

He said protests are allowed in every democratic setting, encouraging freedom of expression.

However, Mr Basiru insisted that the APC has the right to query the basis of the protest.

He also challenged Mr Utomi to bring workable solutions to address Nigeria’s woes instead of encouraging Nigerians to protest.

Mr Utomi said part of the solution includes allowing Nigerians to work together to move the country forward. He also said Nigeria underutilises its intellectual resources in governance.

He proposed reforms in the Nigerian National Petroleum Company Limited (NNPCL) and advised the government to cut down the cost of governance and channel the resources to alleviate hunger.
https://www.premiumtimesng.com/news/top-news/716905-nigerias-inflation-rate-exaggerated-says-apc-national-secretary-basiru.html

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