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Bank Customers To Pay 0.5 Percent Cybersecurity Fee To NSA

May 7, 2024

Commercial bank customers are now to pay 0.5 percent cybersecurity fee for making electronic transfer, the Central Bank of Nigeria, CBN has disclosed.

The Yemi Cardoso-led apex bank made this known on Monday in a circular issued to banks operating in the country.

The directive comes on the heel of complaints by bank customers that transaction charges from their accounts is already to many.

Some customers had on many occasions reported some banks to the CBN for charging various fees from their accounts, the new fee, analysts insist will further generate serious furore from the banking public.

According to the circular sent to banks yesterday, the cybersecurity fee shall be deducted at the point of making electronic transfer and remitted by the banks.

The CBN stated that the circular which is in line with the Cyber security Act of 2015 was a follow-up on an earlier one dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018. .

Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 and under the provision of Section 44 (2)(a) of the Act, a levy of 0.5 per cent (0.005) equivalent to a half per cent of all electronic transactions value by the business specified in the Second Schedule of the Act, is to be remitted to the National Cybersecurity Fund which the Office of the National Security Adviser shall administer, the apex bank said.

The CBN said: “The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. The deducted amount shall be reflected in the customer’s account with the narration, ‘Cybersecurity Levy’.

“Deductions shall commence within two weeks from the date of this circular for all financial institutions and the monthly remittance of the levies collected in bulk to the NCF account domiciled at the CBN by the fifth business day of every subsequent month.”

The implementation of the circular starts in two weeks, the apex ban said warning banks to comply strictly failure of which defaulting banks will pay not less than two per cent of their annual turnover as penalty.

Tinubu Can Rule From Anywhere, Atiku Ex Aide Tackles Him

James Orji

May 7, 2024

President Bola Ahmed Tinubu’s absence from the country has generated an altercation between the 2023 presidential flagbearer of the PDP Atiku Abubakar and Daniel Bwala, his former spokesman.

Atiku had recently challenged the presidency to inform Nigerians the whereabout of the president who has not been seen in public for clos to two weeks.

The former vice president had accused the president and Kassim Shetima, the current vice president of leaving the country rudderless at a critical time when their presence is greatly required due to the challenges facing the country.

The former PDP presidential candidate’s remarks came following serious concerns among Nigerians on the absence of President Tinubu who was last seen in public when he attended the World Economic Summit in Riyadh, Saudi Arabia on April 26.

The president has reportedly travelled from Saudi Arabia to France where he’s currently receiving medical treatment. The Source magazine cannot authoritatively confirm this report.

The Presidency has also kept mum over the issue, thus causing more apprehension among not a few Nigerians.

Reacting, Bwala said the physical presence of the president is not required to govern the country, stating that Tinubu can rule from anywhere in the world.

Citing section 5 of the Nigerian Constitution, Bwala who dumped the PDP early this year, and has since been supporting the president stated that the president and his vice are not required by the law to be present in the country before they can govern.

The former spokesman for Atiku made the remark on his official X handle on Monday.

He said: “The president @officialABAT is in charge of the country and can govern from anywhere in the world whether the vice president is also in Nigeria or not. Aso Villa is not a block industry and the president is not a bricklayer. Read Section 5 of the constitution.”

While demanding information on the whereabout of President Tinubu, PDP former candidate said it’s unprecedented that the president and his vice will leave the country at the same time, accusing them of abandoning the country at a time when she’s facing “daunting challenges”.

“I have been inundated by reports of the absence of the president and vice president from the country.

“It is unprecedented that the two leaders will be absent from the country at the same time, especially now that the nation is faced with daunting challenges.

“The question that readily comes to mind is: who is in charge of government at this point, or is it right to assume that we are on autopilot?” Atiku said on his X handle on Monday.

The magazine reported that Vice President Shetima was to travel to the United States to represent President Tinubu, but later forced to abandon the trip after the Presidential aircraft developed a fault.

VP Shettima Aborts US Trip As Presidential Jet Develops Fault Mid-air

The Source

May 7, 2024

By Gideon Njoku

Nigeria was saved a huge embarrassment or worse, when a jet, in the Presidential Fleet, with Vice President Kashim Shettima on board, successfully made an air return.

VP Shettima was on his way to Dallas, Texas, United States of America, to represent President Bola Tinubu at the high profile 2024 US-Africa Business Summit. Shettima was seen at the Presidential Wing of the Nnamdi Azikiwe International Airport when he was seen off by a number of Government officials. He, thereafter, boarded the aircraft and departed.

However, shock registered on the faces of onlookers when the aircraft made an air-return over what was said to be a “technical fault.”

For precautionary measures, the Vice President cancelled the trip. President Tinubu will now be represented at the Summit by the Minister for Foreign Affairs, Ambassador Yusuf Maitama Tuggar, who arrived Dallas earlier to attend the Summit with the VP and other representatives of the Nigerian Government.

A statement signed by the Media Aide to the Vice President, Stanley Nkwocha confirmed that Tuggar would represent President Tinubu at the Summit.

Nkwocha said the cancellation of the VP’s trip followed “a technical fault with his aircraft, forcing him to make a detour on the advice of Presidential Air Fleet.

On the Summit which the VP would now miss, Nkwocha explained: “The high-profile Summit taking place at the Kay Baily Hutchison Convention Centre, will bring together political and budiness leaders from across Africa, the United States and other regions. It features high level dialogues, networking sessions and plenaries.”

Until the VP’s aborted trip, not a few Nigerians had wondered how both President Bola Tinubu and Vice President Shettima would be out of the Country at the same time

Uzodimma Solicits More Budgetary Provisions For Army, Says Military’s Welfare Necessary For Democracy

The Source

May 6, 2024

Governor Hope Uzodimma of Imo State has emphasised the need for increased budgetary allocation to carter for, not only the expansion of Army Barracks, but for the welfare of the serving Military personnel, the Legion, their orphans, their wives and other dependants.

The Governor made the proposal when the House of Representatives Committee on Army on oversight function in Imo State paid a courtesy visit on him at the Government House, Owerri on Monday, May 6, 2024.

Governor Uzodimma pleaded with the National Assembly to consider giving the Army the necessary support so as to encourage them to come out and defend the State effectively, noting that, “sufficient funding is the answer.”

He added that the welfare of the Military should be of utmost priority to the Federal Government and National Assembly for the sustenance of democracy in Nigeria.

The Governor welcomed the Committee to Imo State and urged the Brigade Commander, 34 Artillery Brigade, Obinze to seize the opportunity of the visit to show the members the problems facing the Army in the State in general and the Command in particular.

He expressed hope that the visit will bring reprieve to the myriad challenges facing the the Army and possibly, proffer solutions confronting them in Imo State.

Governor Uzodimma recalled that recently, the Army in Imo State and the South East were challenged by criminal elements who indulge in banditry, kidnapping, oil theft and destruction of public and private investments, suggesting that it has become necessary to ask for the assistance of the Nigerian Army in Imo State and South East to deal with the afore mentioned vices.

He recalled that recently, some military officers lost there lives to banditry, leaving behind orphans, widows and family dependants, and emphasised that such persons need support and assistance from the Federal and State Governments.

To cushion the effect of the problems those families living in the barracks are having, the Governor suggested that they need empowerment, power supply, means of transportation and even skill acquisition to survive the vagaries of life they go through.

Governor Uzodimma however acknowledged the synergy between the Army and other Security Agencies, saying that such has become necessary to enable all of them to put in their best.

Earlier, the Chairman of the Committee on Army, Rt. Hon. Abdullahi Mamudu, accompanied by other members told the Governor that they were in Imo State on oversight function of the Military formations and thanked the Governor for giving them the opportunity to visit him despite his tight schedule.

The Chairman added that their visit to the Governor, who is their senior colleague and veteran lawmaker, is to draw from his wealth of experience and seek his blessings.

He said their responsibility is to look at the budget of the Nigerian Army and to go round to ascertain what is on ground in relation to what the National Assembly provided for them.

He congratulated the Governor and the people of Imo State for reelecting him for the second tenure and described Senator Uzodimma as “a transparent and straight forward man who is leading his people aright,” just as he urged him to continue to do well for his people.

Present to receive the Committee were the Deputy Governor of Imo State, Lady Chinyere Ekomaru, the Secretary to the State Government, Chief Cosmas Iwu, the Chief of Staff, Barr. Nnamdi Anyaehie and members of the Imo State Expanded Executive Council.

Other members of the Committee who came with the Chairman include Hon. Emeka Chinedu, Hon. Harrison Anozie Nwadike, Hon. Mathew Nwogu, Hon. Fom Dalyop Chollom and of course, the Commandant 34 Artillery Brigade Obinze, Brig. Gen. U A Lawal.

PDP South West Leaders Rally Support Ahead Ondo Election, Meet In Ibadan

Ayodele Oni

May 6, 2024

By Ayodele Oni

Ahead of November governorship election in Ondo state, leaders of the People Democratic Party (PDP) and other stakeholders in the southwest have met in Ibadan, Oyo state to chart strategy to win the Ondo election.

They resolved to put their differences behind and build their house to ensure victory in the forthcoming governorship election in Ondo state.

Some of the leaders in attendance at the meeting include Governors Seyi Makinde (Oyo), Ademola Adeleke (Osun), Chief Bode George, the National Deputy Chairman (South), Ambassador Taofeeq Arapaja, former governor of Ondo State, Dr Olusegun Mimiko, former governor of Osun, Prince Olagunsoye Oyinlola, former governorship candidate of Ondo State, Eyitayo Jegede, the 2023 Ogun state governorship candidate, Oladipupo Adebutu among others.

Speaking at the meeting, the host, Governor Seyi Makinde said the meeting was to discuss the progress of the party and fashion out strategies to unify the party stakeholders before the Ondo state governorship election scheduled for November, this year.

Briefing newsmen shortly after the meeting, Governor Makinde and his Osun State counterpart, Governor Ademola Adeleke harped on the unity of the party, which they said was paramount.

They expressed optimism that with the calibre and support of the party leaders in the Southwest, PDP would come out victorious in the Ondo StateNovember Election.

Speaking with newsmen, the PDP standard bearer in the Ondo governorship election, Agboola Ajayi, appreciated the coming together of the party leaders, saying that their unflinching support would be enough to coast him to victory.

LAHA Lawmakers Disagree With IGP Egbetokun On State Police

Akinwale Kasali

May 6, 2024

By Akinwale Kasali

The Lagos State House of Assembly Lawmakers have disagreed with the Inspector General of Police, Dr Kayode Egbetokun on his stance on the creation of State Police. They said his position on the subject matter is unacceptable.

The Lawmakers said that it was unreasonable for the IGP to say that Nigeria is not ripe for the establishment of State Police.

Speaker of the House, Rt. Hon. Mudashiru Obasa, directed the Clerk of the House, Barr. Olalekan Onafeko, to write to the IGP and the National Assembly stating that the State’s Lawmakers reject Egbetokun’s position.

Days back, the IGP, represented at a recently held one-day dialogue on State Policing, themed, ‘Pathways to Peace: Reimagining Policing in Nigeria’, opposed the establishment of state police, arguing that it would increase ethnic tension and cause divided loyalty in states of the federation.

Egbetokun had suggested that the Federal Road Safety Corps, FRSC, and the Nigeria Security and Civil Defence Corps, NSCDC, should be merged with the police force.

However, speaking at plenary on Monday, Obasa noted that the FRSC and the NSCDC have not been able to solve the problems of accidents on roads and pipeline vandalism respectively, stressing that he wondered how effective they would be if they are merged with the police force.

“In Lagos State, we have the Security Trust Fund through which successive administrations starting from that of Asiwaju Bola Ahmed Tinubu have provided enormous support to the police command in Lagos State. Yet, crime of different dimensions has continued.

“This shows that no matter what Egbetokun has proffered as solution, such won’t solve our problem. The position of the IGP is unacceptable.

“We strongly believe that if we have state police, we would be able to solve the issues of crime in our nation or reduce it to the minimum.

“As we have seen in other climes, the United Kingdom has different levels of policing just like the United States of America. So why should ours be different?

“The lives of our people are very important and we must do everything possible to make sure we protect lives and property. We want to state categorically that we believe in state police and we want to urge the National Assembly to continue with its intendment to establish state police through the process of constitutional amendment,” Obasa said while praising President Tinubu for his resolve to end insecurity in the country.

Commending the Speaker for his stand on the issue of state police, the lawmaker representing Badagry Constituency 1, argued that with its current structure, it would be difficult for the Nigeria Police Force to effectively secure the country.

Also declaring his support for state police, another lawmaker, Hon. Sa’ad Olumoh (Ajeromi/Ifelodun 1), said each Nigerian state currently has a local security outfit in the semblance of state police.

“Today, which state does not have state police one way or the other? This is a cause that should be supported. For the IG to come out and say state police is not in the interest of Nigeria shows he is not considering the reality of insecurity on Nigerians,” he said.

New Apapa Area Comptroller Of Customs Vows Zero Tolerance For Smuggling, Other Unwholesome Activities

The Source

May 6, 2024

By Suleiman Anyalewechi

The newly appointed Area Comptroller of Apapa Command of the Nigeria Customs Service, NCS, B.O Olomu has warned that his regime would have zero- tolerance for smuggling and other unwholesome activities. He vowed to diligently pursue policies that will potentially enhance revenue collection, and trade facilitation.

This is even as he has promised the full and religious implementation of all the provisions of the Nigeria Customs Service Act 2023, the Common External Tariff CET, Import and Export Prohibition Guidelines, and other relevant extant laws.

Comptroller Olomu who spoke on Monday, May 6, 2024, during his official resumption of duty as the new boss of the Apapa NCS Command in Lagos, also assured that he will leverage the solid foundation laid by his predecessor to take the Command to the next level .

In his inaugural speech, Olomu noted that activities such as smuggling of prohibited items, concealment and declaration for duty evasion etc,would not have a place in his administration.

“Our tolerance level for smuggling of prohibited items ,concealment and declaration for duty evasion shall be zero and shall remain so..

“Our country holds s strategic position for trade in West and Central Africa and Apapa Port is critical to Nigeria’s participation in the African Continental Free Trade Area AFCFTA,.

“We are renewing Nigeria’s readiness for improved trade with fellow African countries and the world at large.

“Let me state categorically that we shall implement all the provisions of the Nigeria Customs Service Act 2023 ,the Common External Tariff ,Import and Export Prohibition Guidelines and other books of instructions as directed by the Federal Government of Nigeria.

“My assumption of this office is with a mind of confidence that we won’t betray the trust reposed in us by the Government, Comptroller General of Customs CGC, and the entire management of the Nigeria Customs Service .

“This confidence is premised on the reality that I am taking over a very organized command ,where I intend to build on the successes of my predecessor” Olomu stated.

He, therefore, called on the officers and men of the command to brace up and key in to the vision of taking the command to greater heights.

“I want to urge our officers to brace up for the changes that will feature as fall outs of customs modernization otherwise called e-customs ,AEO and many other groundbreaking World Customs Organization Innovations like the recently introduce advanced ruling policy.

“As a working principle, I hereby advise all our officers to treat all official matters with the speed they deserve leaving no file unattended to as such delays could mean slowing down Government revenue inflow.

“I shall emplace a trade dispute resolution seat that will operate every day including weekends to ensure that we make this command a true front liner in global best practices in terms of customs operation for other customs formations to emulate .

“Being the customs command handling the largest volume of trade in Nigeria ,Apapa Command under my leadership won’t be complacent and will be open to continuous engagement with every one .

“My doors are open to advice on how best to achieve our mandate because we are all here to add value and do better for Nigeria” Comptroller Olomu further stated .

The new Comptroller took over from Babajide Jaiyeoba who bowed out after putting 35 years in the service.

Influx Of IDPs: Borno Flags Off Construction Of 113 Km Maiduguri Ring Road, Pays N1.6 billion Compensation

The Source

May 6, 2024

By Suleiman Anyalewechi

In a bid to ease the pressure on infrastructural facilities within Maiduguri metropolis, occasioned by the influx of internally displaced persons IDP, the Borno State Government on Monday May 6, 2024 flagged off the construction of the 113- kilometer Maiduguri ring road. The project is expected to link the East, West and Southern parts of the State Capital.

The Borno State Governor, Professor Babagana Zulum, who performed the official ceremony revealed that the project which is also to be executed in phases, is his administration’s direct response to the twin problems of congestion and infrastructural deficits currently facing the State capital as a result of IDPs fleeing insurgency prone areas of the State.

He, also, expressed the optimism that the audacious project will be able to create job opportunities for the , and accelerate economic growth and development of the state.

“Maiduguri the capital of Borno state is experiencing serious challenges as a result of the influx of many people, particularly the Internally displaced persons ,which is putting huge pressure on the infrastructures we have in the city to cater for the needs of the populace,especially housing among others .

“We are taking deliberate steps to decongest the city .Borno state Government has decided to start the first phase of the project ,which is about 16.5 km. Insha Allah( by the Grace of God) ,we shall not hesitate to expand this work to cover the 113 km on the ring road ” the Governor stated.

Prof Zulum emphasised the need for the State Ministry of Works to closely monitor the project with a view to ensuring the delivery of quality and durable project.

“I want you to be very careful,and ensure that this road, after completion, will stand the test of time. Don’t look at the cost. And don’t compromise standards . I want this road to still pass integrity test in the next 30 years” the Governor charged ministry officials.

Engr Mustapha Gubio, the State Commissioner for Works ,while assuring timely and quality delivery of project, said the road is a dual carriage way with about 7.3 width thickness ,and in complete compliance with Federal Government standards specifications.

He noted that about N1.6 billion has been paid as compensations to about 732 persons whose farmlands and other properties were affected by the road construction,adding that part of the construction efforts include building of residential ,commercial, industrial and recreational facilities within the about 2000 hectares of land along the ring road.

Update: FG Debunks Claim Of Considering US Military Base Proposal

Akinwale Kasali

May 6, 2024

By Akinwale Kasali

The Federal Government has debunked the news which made the rounds that it was considering granting a request by the United States of America, USA, to establish a Military Base in Nigeria.

Public outcry had greeted the news but the Federal Government has asked Nigerians to perish the thought as it has no intention of doing so.

There were strong speculations that the US in particular was flirting with Nigeria’s top officials to secure a military base in Africa’s most populous country.

But the Nigerian Government in a statement on Monday signed by the Minister of Information and National Orientation, Mohammed Idris, said the Government was not anticipating US military presence in Nigeria.

Idris said the FG is “aware of false alarms” being raised in some quarters alleging discussions between the Federal Government of Nigeria and some foreign countries on the siting of foreign military bases in the country.

But he said: “We urge the general public to totally disregard this falsehood.”

He said the Federal Government is not in any such discussion with any foreign country.

“We have neither received nor are we considering any proposals from any country on the establishment of any foreign military bases in Nigeria.”

Idris said the Nigerian government is already enjoying foreign cooperation in tackling ongoing security challenges, and the President Tinubu Government remains committed to deepening these partnerships, with the goal of achieving the national security objectives of the Renewed Hope Agenda.

When the news filtered, several Civil Society Groups have criticized the move, cautioning the Nigerian Government from accepting such.

The Peoples Redemption Party, PRP, also opposed the relocation of United States and French military bases to Nigeria, warning of the dangers of compromising the country’s sovereignty and security.

In a statement on Monday, Comrade Muhammed Ishaq, the Acting National Publicity Secretary of the PRP, cautioned the Nigerian government against entering into any agreements that would lead to the establishment of foreign military bases on Nigerian soil.

“ The presence of foreign military bases on Nigerian soil may lead to a gradual erosion of our national sovereignty,” the party warned”.

It would be recalled that The US and France were booted out of Niger Republic and Mali by their new revolutionary leaders.

Before now, there were speculations that the US in particular was flirting with Nigerian top officials to secure a military base in Africa’s most populous country.

Osun Beefs Up Security Over Deportation Of Youths From Lagos, Gov Adeleke Reaches Out To Sanwo-Olu

Ayodele Oni

May 6, 2024

By Ayodele Oni

In a swift reaction to deportation of some youths from Lagos to Osun state, Governor Ademola Adeleke has directed security agents to intensify activities in Ilesa and environs.

A statement released on Monday by Governor Adeleke’s spokesperson, Olawale Rasheed, confirmed that the youths had been rounded up in various areas in Lagos before being deported to Ilesha.

He disclosed that the youths were conveyed in luxury buses to the Ilesa from Lagos state and were dumped at Ilesa-Akure Express junction, Breweries; Ilesa – Ibodi – Iginla to Ife Express junction; Osun Ankara Express junction; Imelu Express junction; and Iperindo Express junction.

Adeleke said he had contacted his Lagos State counterpart, Babajide Sanwo-Olu over the alleged deportation of some youths to Osun State, saying he promised to investigate the matter.

He said: “I am shocked over the matter and urged Governor Sanwo-Olu to look into the matter.

“I spoke with my brother, Governor Sanwo-Olu on the matter. He too was surprised and he denied ever authorising any such action. The Lagos team will update us as quickly as possible.

“I am subsequently directing our security agencies in Osun to mount surveillance in and around Ilesa to track the deported youths and their destinations.

“I will update our people on this development. I urge residents to be calm while the security agencies carry out surveillance.”

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