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Reprieve For Governor Abiodun As Appeal Court Dismisses Vote Buying Allegation Against Him

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By Akinwale Kasali

Ogun State Governor, Dapo Abiodun is a happy Man. He has just defeated Peoples Democratic Party, PDP, Governorship Candidate, Ladi Adebutu at the Appeal Court Over Vote Buying and inducement Allegations leveled against him.

The Court, in its lead judgment read by Justice MB Idris, also affirmed the validity of Abiodun’s defense, upholding the Ogun State Governorship Election Petition Tribunal’s decision to dismiss the allegations.

It would be recalled that on May 22, 2023, Adebutu and the PDP responded to Abiodun’s defense with allegations of vote-buying and claimed, for the first time, that Abiodun and the APC purchased votes in the March 18, 2023, Ogun State gubernatorial elections.

Upon receiving Adebutu’s response, Abiodun’s legal team submitted an application to the Tribunal, requesting the complete removal of the response or the elimination of specific paragraphs.

They argued that Adebutu and the PDP’s response violated Para 16(1)(a & b) of the Electoral Act Schedule and court pleading rules. The Tribunal sided with the Governor’s legal team and removed the entire response from Adebutu and the PDP.

During the proceedings, it became evident that Adebutu and the PDP’s allegation was a hastily concocted afterthought, following Abiodun’s substantial allegations supported by a police investigation report, indicating that Adebutu and the PDP engaged in vote-buying during the elections.

The aftermath of this situation, allegedly, saw Adebutu leaving the country to avoid legal consequences. Meanwhile, other Ogun State party leaders are currently facing trial.

On Thursday, the Court of Appeal confirmed the incompetence of the allegations of vote-buying in Adebutu’s response and consequently struck out paragraphs 21 to 24, 31 to 33, 36 to 37, and 39 to 44, leaving only a few remaining paragraphs.

Likewise, the Court of Appeal rejected the entire appeal filed by Adebutu and the PDP against the Ogun State Gubernatorial Election Petition Tribunal’s decision, which upheld the validity of Abiodun’s defense.

In his initial defense, Abiodun leveled allegations of electoral fraud against the PDP and Adebutu, regarding the March 18 governorship election. Instead of addressing these weighty allegations head-on, Adebutu’s legal team introduced their own counter-allegations of vote-buying (all of which have now been dismissed). They also sought to have the Tribunal disregard the Governor’s vote-buying accusations.

Adebutu and the PDP contended that their petition did not include allegations of vote-buying, thus Abiodun’s defense should not have included such claims. However, the Tribunal ruled that Governor Abiodun was not limited to the issues raised in Adebutu and the PDP’s petition, and he had the right to assert and substantiate claims of vote-buying against the PDP and its candidate. The Court of Appeal upheld this decision today, unanimously dismissing Adebutu’s appeal as lacking merit.

President Tinubu Set To Prioritize Education As Tool Against Poverty

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Bola Tinubu

By Akinwale Kasali

President Bola Ahmed Tinubu has declared his readiness to prioritize and embrace the prospects of digital economy and telecommunications which he described as “the future.”

The  President  said that education is Nigeria’s foremost tool against poverty.

He said this on Thursday in Abuja, when he received a delegation from Global Tech Giant, Google. He said his administration would leverage digital technology to create Nigeria’s desired socio-economic progress that is necessary to transform society.

“We are here to shape our tomorrow, today, and I’m going to do it. Our youths represent over 65% of the yearning development age in Nigeria.

“We take education very seriously, and that is the foremost tool we have against poverty.

“The digital economy and telecommunications represent the future, and we are determined to promote it.

“Your partnership with us to make it a serious development in our economic programme is what is desirable. Our youths have the skills, they are brilliant, and they are good people,” Tinubu further stated.

He called on Google to partner with the Government on the use of data in the public sector to enhance service delivery.

“We have been evaluating different proposals on database development, and you have critical information that can equally help the poor leverage on the use of data.

“The authentication of transaction integrity across the country to service over 200 million people is not a joke,” the President posited.

Towards the realisation of great progress in the sector, President Tinubu declared that he is bringing more young people into the administration to further drive his transformative efforts and called on Google to ‘come on board’ as a frontline partner in development.

The President stated that the prospective cases emanating from the emergence of Artificial Intelligence and Quantum Computing must be harnessed, even as he emphasised that development is achieved in stages.

“Let me have breakfast before dinner,” the President quipped.

Itsekiris, President Tinubu’s In-laws, Lament Exclusion From Ministerial List, Alleges Marginalization At State, Federal Levels

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Bola Ahmed Tinubu

By Akinwale Kasali

“For the records some of them say, President Tinubu’s lovely wife, Remy, is an Itsekiri”

The Itsekiri People in Delta and Edo States have lamented the exclusion of its ethnic community from the Ministerial List of President Bola Tinubu  and also from the Governor Sheriff Oborevwori administration in Delta State.

The Itshekiris claim they contribute no fewer than 30 percent of Nigeria’s oil, yet have been constantly and humiliatingly neglected by successive Governments since the Nigerian independence in 1960. They stated that the politics of exclusion and marginalization of its people have brought about instability.

At a Press Conference in Lagos at the Liberty House of the Nigerian Human Rights Community, NHRC, the Itshekiri Group led by Oritshetimeyin Edgar said that the democracy Nigeria is enjoying today was as a result of blood shed by a great Itshekiri Man, Pa Alfred Rewane, who was gruesomely murdered by the tyrannical regime of the late Military Dictator, General Sani Abacha.

The Group said that the late Rewane was the financier of the National Democratic Coalition, (NADECO). “Pa Rewane, alongside others, fought for the democracy of today without which there would be no today’s elected leaders”, the Group claimed.

The Itshekiris pride itself as the first people in Nigeria to establish diplomatic contact with the Europeans, especially with the Portuguese who were exploring the West African coast as far back as the earliest centuries, in which the  Itsekiri exchanged envoys with Portugal as a sovereign people with a remarkable civilisation.

It was gathered that Itshekiris are historically, culturally and linguistically related to the Yoruba sub-groups – Ijebu, Akure, Ikale, Ilaje, Ondo and Owo.

The Itshekiris said In the last 2023 election, many of its prominent leaders fully supported the All Progressives Congress, APC, even as they produce some 30 percent of Nigeria’s  total oil output, the history of the people has been that of exclusion.

“Over the years, in the midst of armed insurrection by some ethnic groups in the Niger-Delta, the Itsekiri have never been involved in armed uprising neither are they involved in oil theft or destruction of oil pipelines. However, for decades the Itsekiri have suffered historic sidetrack relating to political and economic isolation.”

The Group said “From 1960, when Nigeria obtained independence, the Itsekiri have been marginalised.

At the Federal level, the Itsekiri produced the first Federal Minister of Finance (Chief Festus Okotie-Eboh) who was killed during the military putsch of 1966.”

Edgar said that It was not until the administration of Chief Olusegun Obasanjo that an Itsekiri (Dr. Roland Oritsejafor) had a stint with a ministerial position which lasted for less than two years.

He said Ministers are usually picked on State basis, but  ministerial positions have rotated within the trio-senatorial districts in Delta State and the respective ethnic groups. From 2011 – 2023, but following is how the State produced its Ministers for Federal Government of Nigeria.

2011 – 2015, Elder Godsday Orubebe (Ijaw) from Delta-South was Minister of Niger Delta.

2015 – 2019, Dr. Ibe Kachukwu from Delta-North (Igbo) was Minister for Petroleum.

2019 – 2023, Festus Keyamo (Urhobo) from Delta Central was Minister for Labour and Productivity.

The Group said that Marginalisation of Itsekiri in oil related ventures begwn since 1959.

“This finds expression in the form of denial of top positions like the Managing Director or NIMASA, Nigerian National Petroleum Corporation, NNPC, Niger-Delta Development Commission, (NDDC), Nigerian Ports Authority, (NPA).

“Monopoly of top positions in the Niger Delta Development Commission, NDDC and exclusion of Itsekiri despite the fact that the positions of the Managing Director is expected to be rotated among the oil producing communities. Since the existence of the NDDC, no Itsekiri person has been appointed to the positions of Chairman, or Managing Director, despite the quantum of oil and gas that the Federal Government extracts from Itesekiri land. For example, the Urhobos have produced two Managing Directors since its existence, even though the ethnic group is far behind Itsekiri in oil production. Other parastatals such as Nigerian Ports Authority and NIMASA that are based in the Niger Delta region have been administered with conscious Itsekiri exclusion”.

The Itshekiris alongside the NHRC are appealling to President Tinubu to come to its aid and speak for the Itsekiris at the level of the Presidency.

“We plead with all righteous voices to look at us with pity and deploy all possible political machineries to assist the Itsekiri particularly to be appointed into such parastatals that can be deployed for the development of Itesekiri ancestral and by extension Ilaje land inclusive since both (Itsekiri and Ilaje) occupy the same geographical and ecological areas.

“We trust that President Bola Tinubu has listening ears. We thank him for being steadfast all these years. We recall that President Tinubuwas responsible for the memorable recognition of Pa Alfred Rewane’s role in the democratic transformation of Nigeria in which he paid the supreme price of death. President Tinubunamed one of the longest streets in Lagos State after Pa Rewane to which we remain eternally grateful. We believe he will demonstrate again his passion for justice by listening to the demands Itsekiri People.

“Given the background of President Bola Tinubu as a humanist and pro-democracy leader, we kindly call on him to assist in addressing these long standing afflictions of a peace loving people who are committed to a united, strong and prosperous commonwealth where liberty and justice reign supreme”, the Itshekiris stated.

Engaging Nigerien Military President Is Like Having S{x with Someone You Hate

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Azu Ishiekwene

By Azu Ishiekwene

A good number of people, including me, seems opposed to Nigeria leading the Economic Community of West African States (ECOWAS) to war in Niger. In one of the most telling anti-war metaphors, a Nigerian columnist and Editor, LasisiOlagunju, likened military intervention to rubbing buttocks with the porcupine.

Doves everywhere are flying the flag of peace. Protesters are also waving placards reminding Nigeria’s President and ECOWAS Chairman, Bola Ahmed Tinubu, not to start a war he cannot finish.

As if he doesn’t know, Tinubu has also been reminded, among other things, that there’s already too much trouble at home – insecurity, economic hardship and a country deeply divided by the last elections – without a clear plan, so far, how to dig himself out of the mess. He cannot invite more trouble.

Tinubu is not just being told to mind his business, fix Nigeria and forget war. In what is clearly an indication that even the pacificists recognise that he cannot ignore a problem at the door, however, the president has also been advised to prioritise talks and negotiations with Niger’s military leader, General Abdourahmane Tchiana, who deposed President Mohamed Bazoum and seized power on July 26.

That is easier said than done. I’ve been forced to pause and lower my flag for talks at half-mast after reading one of Christopher Hitchens’ essays in his collection, And Yet, from which I have adapted the title of this article.

Hitchens wasn’t writing about Niger, of course: it was about the US Middle East policy at a very difficult and dangerous time. At the height of Iran’s nuclear enrichment controversy, the Obama administration received a letter from Tehran offering “unconditional talks”, over the hostile and fraught relationship between Washington and Tehran.

The invitation to “unconditional talks” with Iran’s President, Mahmoud Ahmedinajad, characteristised in Washington as the devil incarnate, spooked memories of Azar Nafisi’s 2003 book, Reading Lolita in Tehran, in which she said a relationship with the Islamic Republic “is like having sex with a man you loathe.” I honestly don’t know which one is easier – rubbing buttocks with the porcupine or having sex with a man you loathe!

The instigation for talks, at all costs, with Niger’s military junta must feel that way for Tinubu. How do you talk with a man who not only despises your election and questions the legitimacy of other regional leaders, but one who has also spurned your emissaries and is openly rallying other scoundrels against you and the regional body?

It’s gratifying that the latest indications from Niamey are that the military regime is prepared for talks with ECOWAS. But what, in any case, would such talks be like in light of the regional protocol by all 15-member ECOWAS countries, including Niger, against unconstitutional changes in government?

A chapter from the encounter of regional leaders and the diaries of three regional military coup leaders in the last few years could give us an idea. The soles of the shoes of ECOWAS special envoy and former Nigerian President Goodluck Jonathan and his team are worn out from futile diplomatic visits to Mali, Guinea and Burkina Faso after soldiers seized power in these countries, and for three years, all refused to talk sense.

Assimi Goita, Mali’s military leader, seized power in 2020 and initially promised a transitional government within six months. Before you could say Assimi, however, he sacked the figure-head interim government in May 2021 and promised elections would be held in 2024, that is four years after he first seized power.

Guinean military leader Mamadi Doumbouya, who seized power in September 2021 was careful not to commit early. After about five months in power, plenty of talk and ECOWAS sanctions which all parties knew were just about as empty as the talks, Doumbouya announced in January last year that he needed an extra 39 months to hand over power.

And just around the corner, Ibrahim Traore, Burkinabe’s military leader and the third soldier to lead a successful coup in the region in five years, has not made any secrets of his flirtations with the Russian-backed Wagner Group.

The hint of a transition is not even on the table, much less discussions with ECOWAS about a possible hand over date. Anyone who saw Traore’s recent red-carpet reception by Russian President Vladimir Putin in Moscow might understand why he cannot be in a hurry to leave power. Better to talk about talk and enjoy the illegitimate fruit of power than to confront the threat of a forceful removal.

It is in the context of this catastrophic failure of previous talks with military juntas in the last three years, not to mention the audacity of their defiance, that we must view any talks with Tchiani. It is either we have decided to shred the protocol against unconstitutional changes in government and return to the 1970s/80s by normalising military rule, or we make it clear that there would be consequences for military coups.

The argument that we have ourselves to blame because civilian rulers have performed shabbily, wangled their way into office, or illegally extended their tenure is seductive but untenable. To adapt the Italian prosecutor Virgino Rognoni, who took on the Red Brigades in the 1908s, “in whichever way a democratic system might be sick, military coup will not heal it; it kills it. Democracy is healed with democracy.”

We can all agree that talk is better than war, but those who are willing to turn a blind eye to the futility of talks in the last three years since the fall of Mali have not said how more pillow talk with Tchiani would do for Niger what it has failed to do for the embarrassingly defiant coup belt.

It’s been said that the “hasty” announcement of a military option by ECOWAS and sanctions by the body, especially Nigeria’s decision to cut-off electricity to Niamey, hardened the junta. Maybe. But the junta’s response to diplomatic overtures made right after did not suggest that sending flowers early on would have made much difference.

Tchiani’s latest comment that the military government has enough evidence to try President Bazoum for high treason is a ridiculous excuse to buy time and befuddle the point. It is a measure of how unpromising the talks would be that an illegitimate government is even thinking of charging an elected president with “high treason!”

How did we get here? By talking, of course, without any clear intention of, or will to do anything, when talks failed. Wasn’t it an embarrassment to ECOWAS, for example, that in spite of promises by the Malian military leader to hand over within a few months of the coup, the military-dominated legislature later announced that nothing less than four years would do, to which ECOWAS negotiator, Jonathan, tamely replied, “I believe ECOWAS may not accept it…we’re going to negotiate further with them.”

Seven months after Jonathan made this statement, the soldiers in Burkina Faso read correctly that it was just another empty talk. They struck.

If, in 2016, ECOWAS had offered President Yahya Jammeh talks, instead of deploying a regional force to remove him from power after he lost elections and refused to quit, he’ll probably still be in office today, talking.

Sure, regional leaders could do better by using institutional mechanisms such as the AU’s Peer Review to improve the quality of governance and perhaps even review the governance charter.

Yet, there’s no evidence in Africa that the military has done any better after seizing power. It’s time to end the nonsense in Niger not by rubbing buttocks with Tchiani, but by keeping the cage-trap firmly on the table for this porcupine and his cohorts.


Ishiekwene is Editor-In-Chief of LEADERSHIP

Job racketeering: Gagdi Chides MDAs Excluding Children Of ‘Common Man’ From Employment Opportunities

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The Chairman of the Adhoc Committee investigating Federal Ministries, Departments and Agencies, MDAs, Parastatals and Tertiary Institutions on Mismanagement of Personnel Recruitment, Employment Racketeering and Gross Mismanagement of the Integrated Payroll and Personnel Information System (IPPIS), Hon. Yusuf Adamu Gagdi, has decried the deliberate exclusion of common Nigerians from recruitment into public institutions through the use of waivers.

Speaking on Wednesday when the Nigeria Hydrological Services Agency (NIHSA) appeared before the committee, Gagdi said it was unacceptable that the common man is denied the opportunity to get employment in Ministries, Departments, and Agencies of Government.

The lawmaker made this comment after observations by the committee members that many agencies prefer to secure waivers from the Federal Character Commission (FCC) and other relevant agencies to recruit staff into the civil service without notifying the public of those vacancies through advertisements.

Gagdi also noted that many of the agencies do not reflect federal character in their employment, leading to a situation where some states get many slots, while others are left with next to nothing.

He, therefore, demanded that all agencies who are to appear before the committee must submit their nominal payroll to enable the committee scrutinise and make appropriate recommendations where the Federal Character representation is skewed.

“Henceforth, give us an analysis of your nominal payroll to help (us) address imbalances in the recruitment, “ he stated.

The Lawmaker, who also chairs the House Committee on Navy, continued: “Should you be granted a waiver to employ, consider the injustice meted out to other states and address them so that there will be a sort of balance in terms of representation in that agency.

“We’ll compel you to advertise those slots so that the son of nobody will have the opportunity to apply. Perhaps, you’ll see him with a 1st class, you’ll see his performance during his interview to be super, and then, you’ll recruit him to have the best in those agencies.”

The committee hearings continue today.

Anambra:  Ogene Decries Govt’s Poor Preparedness, As Flood Devastates Ogbaru

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The member representing Ogbaru Federal Constituency in the House of Representatives, Anambra state, Afam Victor Ogene, has decried government’s dismal preparedness as devastating flood ravages Ogbaru,  submerging communities, destroying several farms and washing away roads.

Ogene, Chairman, House Committee on Renewable Energy, in a statement he issued in Abuja, on Thursday, August 17, 2023, described the perennial flood disaster in Ogbaru Federal Constituency and government’s lacklustre approach to addressing the impact, as troubling and harrowing.

He lamented that in spite of the seasonal climate predictions and annual flood outlook released by the Nigerian Meteorological Agency, NiMet, and the Nigeria Hydrological Services Agency, NIHSA, which indicated that there would be massive floods around the nation this year, governments at federal and subnational levels are often caught napping, with dismal preparedness, leaving the hapless flood victims groaning in agony over unfortunate losses.

According to him, “It is disturbing that the only visible remedial pronouncement by relevant government agencies, so far for the expected 2023 incident, is the warning that residents of flood-prone areas should move to uplands, with no physical plan, structure or logistics to make this pronouncement realistic, in order to avert the kind of horrendous rate of fatalities and destruction of property and economic activities in the projected 28 flood-prone states across the nation.”

He disclosed that the recurrent flooding of Ogbaru has severely damaged the Onitsha-Atani-Ossomala-Ogwuikpele-Ndoni Road, which is the only road that connects the 15 communities in Ogbaru Local Government Area/Federal Constituency of Anambra state to the rest of the state; and a shorter route to Rivers state from Anambra; and also destroyed the economy of the area in multi-dimensional ways, even when Ogbaru has not recovered from the devastating impact of the 2022 flooding season.

Ogene, who is also the Labour Party caucus leader in the House,  said further, “The people in Ogbaru Local Government Area/Federal Constituency, are predominantly farmers who currently experience grave difficulties in transporting their produce to the market, or for other social activities, thereby hurting the economy and social lives of the people, and also impacting adversely on their usual contribution to the nation’s food security, as a result of the deplorable condition of the road, damaged by flooding.

“For instance, one of the business concerns impacted by the current flood incident is a multi-billion-naira  automated farm,  Matucci Farms Limited located at Agbobo Umuoga Ossomala community, belonging to

Sir (Dr) Patrick Sule Ugboma, who disclosed that the farm suffered a huge setback in it’s resuscitation efforts. In 2012, the farm lost about 25,000 poultry birds to  flood in the area, while properties worth several millions of naira were also destroyed.

“This particular investment, like many others, has now been forced to shut down, leading to the loss of over 400 jobs of the employees, who are mostly youths from the state. The flood has also sadly destroyed schools,  houses, and property, leaving on its trail, sorrow, and despondency.”

Ogene called on the National Emergency Management Agency, NEMA. and the State Emergency Management Agencies, SEMAs, to urgently come to the rescue of flood victims in Ogbaru, by providing required facilities and materials that would ensure easy and seamless management of the impact of the severe flooding in the local government, in order to avert the high rate of fatalities and adverse level of human conditions witnessed last year in the area.

CAF Confederation Cup: Gov Obaseki Trains With Benin Team, Mobilizes Fans

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Godwin Obaseki

By Ayodele Oni

Governor of Edo State, Mr Godwin Obaseki, desirous that the home based team, Bendel Insurance Football Club wins the preliminary match of CAF Confederation cup, is spearheading mobilization of sports lovers  for the intercontinental encounter.

The governor has called on sports loving Edo people to come out in their large number to cheer Bendel Insurance Football Club to victory against ASO Chlef FC of Algeria on Saturday at the Samuel Ogbemudia stadium, Benin.

The Benin Arsenals and the Algerian opponents ASO Chlef are scheduled to lock horns in the 2023/24 CAF Confederations Cup first preliminary game on Saturday in Benin. Kick off time is 4:00 PM.

The Governor made the call through his  Chief Press Secretary Mr Andrew Okungbowa and the Chairman, Edo state Sports Commission Olympian Yusuf Alli during a press conference at the Samuel Ogbemudia stadium, Benin City.

Okungbowa disclosed that the state government has made provision for 30 luxurious buses to convey football fans to the Samuel Ogbemudia stadium to cheer Bendel Insurance FC to victory.

According to Okungbowa, the state government is doing everything possible to give Insurance the support needed for them to triumph over their opponents on Saturday.

“To us, this is historic being that our darling team is playing at the continental level after many decades.

“Our Governor is very interested in the wellbeing of Bendel Insurance FC players and officials.

“The Governor is aware and appreciative of Bendel Insurance exploits, winning the Nigeria Football Federation cup, hence he has directed all of us to ensure that no stone is left unturned in ensuring that Insurance triumph over their opponents ASO Chlef on Saturday.

“We want massive support for Bendel Insurance FC and the Governor is starting the motivation of the players by training with them at the Samuel Ogbemudia stadium on Thursday.

The Nigerian representative in this year’s CAF Confederation Cup, must win by wide margin on Saturday in order to have less work to do in the reverse fixture in Algeria on August 27.

The Edo Sports Commission Chairman, Olympian Yussuf Alli, urged massive support for Bendel Insurance in the Saturday’s first leg encounter.

He maintained that the encounter is a must win for the home team, hence, the need for the people to come to the stadium to cheer the team to victory.

“Our first match will be this Saturday. So we need the whole stadium filled up. We want a full capacity and that is why we are putting all these logistics in place.

“We have decided to throw the gates open and we are going to be running jingles on radios about the match. The first 100 people that will get to the stadium will get 100 free Insurance jerseys.

In 1994, the then Bendel Insurance Football Club went all the way in the CAF Cup now CAF Confederation Cup, defeating Primeiro Maio of Angola in the second leg of the final match played at the Samuel Ogbemudia Stadium 3-0 after losing the first in Angola 1-0.

Oyo: I Didn’t Want A Second Term-Makinde

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Governor Seyi Makinde has revealed that his plan was not to run for a second term in office, saying all he had in mind was to do his best within four years and leave the stage.

Makinde who secured another term of four years in May, disclosed this during a meeting with the Pentecostal Fellowship of Nigeria, PFN in Ibadan the state’s capital on Wednesday.

“I didn’t want a second term,’ the governor said, adding that a cue should be taken from the PFN where officials are only allowed a single tenure in office.

The state’s helmsman has therefore advocated for a single five-year term of elected public officials in the country, such as the president, governors, and local government chairmen.

He urged Nigerians to pray and work for their political leaders to move the country forward.

According to him, “Here in Nigeria, every four years, just like most democracies around the world, we come together as a nation to choose our leaders.

“I also listened to our Baba, the National President of PFN. He said the leadership of PFN has just finished the first half of its tenure. I just learnt that there is no second term in PFN.

“Maybe, we need to learn one or two things from that arrangement for our nation.

“I am a supporter of a single-term structure. As a matter of fact, I didn’t want a second term and I told the fathers of faith that, look, four years may not be long enough to do everything that you want to do, but it is long enough to make your own impact and go your own way.

“But maybe, if we have the opportunity to discuss this, I think a five or six-years single term will really be enough for most of us to do whatever it is that we are supposed to do

“Political parties will come and go, but our country will remain. We must pray for those in authority. Politics is over. It is time for governance.

“These leaders God has asked us to pray for are products of who the political parties present to us. And these leaders have been chosen, we are obligated to pray for them and work with them.

“Well, if we don’t like those in authority, what should we do? We have another opportunity in another four years to vote again,” Makinde said.

Recall that Goodluck Jonathan, a former president had advocated for a single term of six years for political office holders in the country, the suggestion however was not well received by a section of the nation’s political class.

Naira: FG Obtains $3bn ‘Emergency’ Loan From AFREXIM Bank

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The Nigerian National Petroleum Company, NNPC Limited, and African Export-Import Bank, AFREXIM Bank have signed a $3 billion loan deal.

The loan, according to the NNPCL will be used to stabilize the naira whose value has been fluctuating against the dollar in recent weeks, raising serious concerns among Nigerians.

The Central Bank Governor, Folashodun Sonubi after a meeting with President Bola Ahmed Tinubu, earlier this week in Abuja, the nation’s capital disclosed that efforts are being made to rescue the currency from further depreciating.

The meeting came after petroleum marketers threatened to increase the pump price of petrol due to the rising cost of crude oil at the international market. The situation, the marketers said has been worsened due to the fall in the value of the naira to the dollar.

Analysts insist that the NNPCL deal with AFREXIM Bank is a major step in this direction, they however added that more needed to be done to correct the nation’s monetary policy, particularly the problematic forex market.

According to a terse statement released by NNPC on Wednesday, the oil company said the fund will be used as an emergency fund to stabilize the naira.

The statement said, “The NNPC Ltd. and @afreximbank have jointly signed a commitment letter and Termsheet for an emergency $3billion crude oil repayment loan.

“The signing, which took place today at the bank’s headquarters in Cairo, Egypt, will provide some immediate disbursement that will enable the NNPC Ltd. to support the Federal Government in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market.”

Delta: NIMASA Dispatches Team To Rescue Capsized Majestic Rig Crew

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In line with the mandate of the Nigerian Maritime Administration and Safety Agency, NIMASA, which includes safe shipping and cleaner oceans, a team comprising of Search and Rescue and marine accident investigation officers have been dispatched to the scene of the incident involving the Majestic Rig belonging to Depthwize Nigeria Limited, which capsized at Ovhor in Warri, Delta State.

Initial findingsconfirmed that the ill-fated Rig is Panama Flagged and has been operating on Nigerian waters since 2016 without requisite approvals from the Agency.

The ABS Classed inland Water Drilling 232 feet-long Barge, with a rated drilling depth of 30,000 feet collapsed where it was been towed from N04, 30:34 / E00543:57 enroute Ovhor 21 that belongs to SEPLAT Oil field in Delta State.

NIMASA has initiated contact with the Clean Nigerian Associate, a conglomerate of all International Oil Companies (IOCs’) responsible for the cleaning of Tier 2 oil spill, to establish the level of spillage at the scene of the incident.

In addition, the Agency is in communication with officials of SEPLAT Energy Limited chatterers of the ill-fated Rig who are expected to officially report the incidence within 24 hours in line with the provisions of the Merchant Shipping Act 2007.