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Emefiele, CBN Governor, Resumes Duty After Annual Leave, Upbeat, Reinvigorated

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By Gideon Njoku

Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, resumed duties in his office, Monday, January 16, 2022, healthy, reinvigorated, upbeat, self-assured, and rearing to go.

Emefiele’s status has been a subject of speculations for a couple of weeks in the Media.

While some people said he had absconded and was seeking asylum in the United Kingdom/ United States of America, others said he took an extended leave, all, it was alleged,  to avoid being arrested by the Department of State Security, DSS.

But Emefiele, back from his annual  vacation resumed on Monday. The same day he resumed, a new story had made the rounds that the DSS invaded his office, cordoned it off, in a bid to arrest him over corruption charges.

However, a couple of hours later, the DSS debunked the story in a terse statement, signed by its Spokesperson Dr Peter Afunanya. The Service dismissed the story as fake, and said there was neither an invasion, nor an attempt to arrest the  CBN Governor.

In a statement which announced that Emefiele has resumed duties, CBN’s Director Corporate Communications, Osita Nwanisiobi, said the Governor “resumed work with renewed vigour to perform his duty.”

Read the statement titled: CBN Gov, Emefiele, Resumes Duty After Annual Leave:

“The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has resumed Duty after his annual vacation abroad. Mr Emefiele, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023.

“The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year, scheduled for January 23 to 24, 2023.

“Mr Emefiele remains committed to performing the task before him in line with his oath of office, and the policy direction of President Muhammadu Buhari.

“While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the bank, aimed at ensuring a stable financial system, and the Nigerian economy in general.”

DSS: “It’s Fake News, The Service Did Not Invade CBN”

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Peter Afunaya - DSS Spokesperson

By Gideon Njoku

The Department of State Services, DSS, has debunked the story which suddenly made the rounds on Social Media, Monday, January 16, 2023, that its operatives invaded the Central Bank of Nigeria, CBN, and cordoned off the office of the Governor, Godwin Emefiele, in a bid to arrest him.

The story about the DSS and  Emefiele has been on the front burner for about two weeks.

However, the DSS in a terse statement signed by its Spokesperson, Dr Peter Afunanya, debunked the alleged invasion, and said it neither invaded the CBN, nor arrested its Governor.

Afunanya’s statement reads:

“The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. This is fake news and quite misleading.”

Emefiele has been on his annual  vacation, and was expected to resume on Monday, January 16, 2023.

CBN: Emefiele Returns, Amidst Call For His Arrest

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CBN Gov Emefiele

Will Godwin Emefiele, Central Bank of Nigeria, CBN,  governor be arrested by the Department of State Services, DSS, now that he has returned to the country? 

The CBN said on Monday that Emefiele is back to work after his vacation abroad.

Emefiele has been away from the country since last year prompting not a few to suggest that he feared arrest by security agencies on his return.

But, according to Osita Nwasinobi, CBN Director, Corporate Communications“The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr. Emefiele, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023.

“The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023.

“Mr. Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari.

“While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the Bank aimed at ensuring a stable financial system and the Nigerian economy in general.”

The big poser in the minds of those that have been watching the drama that has ensued between the DSS and CBN since the last two months, particularly after the botched attempt by the secret police to arrest Emefiele, is whether the DSS will now finally take him into custody for interrogation.

Recall that Femi Falana, a human rights lawyer had on Sunday called for Emefiele’s arrest, noting that the DSS do not require any court order to arrest Emefiele.

Also earlier today, report surfaced that the CBN headquarters in Abuja, the nation’s capital was invaded by the secret police.

Peter Afunayan, the DSS spokesman later debunked the report.

The apex bank governor had escaped arrest last year  after an FCT high court ordered the DSS not to arrest him, citing insufficient evidence on it’s part, to the effect that Emefiele was involved in terrorism financing and economic sabotage.

The magazine learnt from competent sources that apart from the legal constraints facing the DSS on the issue, it has not received approval from the presidency to interrogate Emefiele.

“You cannot just arrest the CBN governor without the president’s approval. In fact, if it were that easy the DSS will not be looking for legal means to cover it tracks,” a source said.

The presidency source further claimed that ” Buhari will not allow his administration to be embarrassed, because this is what will happen if the DSS arrest Emefiele, who is a top appointee in the government and holding a very sensitive position.”

A clear evidence that the CBN governor still enjoys the support of the president, according to analysts, surfaced late last year after Buhari threw his weight behind the CBN over its decision not to extend it’s deadline of January 31, 2023 on the new redesigned naira notes.

Serious pressure had been mounted on Emefiele from many Nigerians, including top echelon of the ruling All Progressives Congress, APC, to move the date forward.

“It only took Emefiele a private visit to President Buhari in Daura, Katsina for the president to validate CBN position on the issue,” another source said.

Ondo Hosts 21st  Polytechnic Games

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Ondo Polytechnic Games

By Ayodele Oni

Polytechnics in the country converge on the ancient town of Owo, Ondo state for the biennial  edition of the Nigeria Polytechnic games (NIPOGA).

The event, which is 21st edition, is featuring a total of 40 polytechnics, both Government and private, including the Federal Polytechnic Auchi, Plateau state Polytechnic Barkin Ladi Jos, Nuhu Bamili Polytechnic Zaria.

They are expected to feature in nine different sports, which include Basketball, Squash, football, Badminton, Volleyball among others.

At the opening ceremony, Guests described the event as another key avenue to use sports to foster unity, peace and discover talents among Nigerian youths.

The ancient town of Owo is hosting students, officials and other stakeholders from other parts of the country for the 21st NIPOGA , an event which many agreed was necessary to foster unity among Nigerian youths.

President, NIPOGA and the Rector, Rufus Giwa Polytechnic Owo, Mr Adebola Ogundahunsi said the target of this year’s edition was not just hosting, participating or winning, but creating opportunity for young Nigerians to come together, interact and also exhibit their skills and talents.

Also speaking, the Olowo of Owo Oba Ajibade Ogunoye called for more games and programmes that would bring people from different cultures together saying such would further promote unity of the nation.

Oba Ogunoye called on relevant stakeholders not to ignore sports as a vital tool that could transform youths elevating them from the grassroots to stardom.

Earlier, Ondo State Governor, Mr Oluwaroimi Akeredolu represented by the commissioner for youths and sports development, Mr Bamidele Ologun said the state would not stop investing massively in youths.

The 21st NIPOGA ends on Saturday, January 21st.

Peter Obi Says Ethnic Agitations Product Of Failed Leadership

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Peter Obi at Chatham House

By Akinwale Kasali

Labour Party, LP, Presidential Candidate, Peter Obi has lamented the pathetic state of the Nigerian Nation. He also blamed ethnic agitation as a product of failed leadership.

The former Anambra State Governor said that the absence justice, equity and fairness has plunged the Nation to its present sorry state. The narrative needs to be changed, he submitted

He spoke while fielding questions at the Chatham House, London, on Monday January 16, 2023.

Obi said he was not in support of ethnic agitators, but stated that it is important to address and identify the causes of their agitations and find a lasting solution to it.

Ajiboye Tunmise from Huddersfield University asked Obi about his alleged refusal to condemn the activities of members of the secessionist group, Indigenous People of Biafra, IPOB. In his response,  Obi said: “Many are not following me. Even yesterday, I spoke about Biafra being ended 53 years ago. It’s all over the place in the cyberspace.”

“I condemn all agitators, but in condemning them, you have to look at what brought about these agitations all over the place.

“Not only IPOB. We have (the) Yoruba Nation movement and all sorts. When you have created this level of massive poverty where 63 per cent of your population is poor, you’re going to create all sorts of problems,” Obi said.

He also stated that the unemployment rate in the country added to the ethnic agitations being experienced, noting that all was a cumulative effect of leadership failure over the years.

“I was speaking to a British Minister this morning that we have about 40 per cent unemployment (rate) and about 60 per cent youth unemployment (rate), young people in their productive ages doing nothing. If you have 15 per cent unemployment rate in Britain today, you’re going to have massive agitation. Nobody will be able to leave his house.

“So, what you’re seeing is a cumulative effect of leadership failure over the years which will be solved by good governance; when people start seeing justice, fairness and inclusive government and doing the right things, all those things will start reversing themselves. And that is what I and Datti (Baba Ahmed) are offering,” he said.

Obi added that he would engage all agitators in the country, insisting that there was nothing wrong with that approach to resolve the issue.

“I will talk and discuss with agitators, and there’s nothing wrong in that. People agitate in my house and I talk with them,” he stated.

Emefiele Not To Blame For Fiscal Rascality – Obi

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Peter Obi and Godwin Emefiele

By Uche Mbah

The Presidential Candidate of the Labour Party, Peter Obi, has said that the Central Bank of Nigeria’s Governor, Godwin Emefiele, is not to be blamed for the economic woes bedeviling the country.

Emefiele has been under fire from the Department of State for sundry allegations, including sponsoring terrorism.

While speaking at the Chatham House in London Monday, Obi blamed  Nigeria’s weak fiscal environment for the country’s economic woes.

*Under our Government the CBN Governor will maintain his independence, he will be respected. Again, it is not the problem of the person there. Central Bank has a role of monetary policy. Then, you have the fiscal space. It’s like  you go to a football match and the person who is supposed to be playing a particular wing is no longer there. You find people playing various wings”, he said.

There has been questions too of Emefiele’s priorities in fiscal disbursement, with many blaming him for the near total collapse of the Naira. But Obi insisted that it is the Executive environment he operates from that is to blame.

“The weakness of the fiscal space allowed the monetary space to take over… because of the weak governance structure, that is why we are able to do what we are doing”,he stated.

“Replacing Godwin (Emefiele) and putting somebody else there, with that level of fiscal rascality, which is what is fuelling our inflation and our rate of exchange today… these are some of the things we need to cut. As long as the government continues on that fiscal rascality, our situation will occur.”

Attack On INEC Facilities Persists, As Gunmen Kill Policeman, Destroy INEC Enugu Office

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INEC Office in Enugu

By Akinwale Kasali

The attack on the facilities of electoral umpire, the Independent National Electoral Commission, INEC, is yet to abate as gunmen, has again, attacked the Commission’s office in Enugu South Local Government Area, Enugu State.

The INEC facility was said to have been attacked on Sunday. A Policeman attached to protect the facility was  killed while other Police officers sustained high degree of injuries, and are currently receiving treatment at an undisclosed hospital.

According to Festus Okoye, the National Commissioner & Chairman, Information and Voter Education Committee, the attack occurred around 9.12pm on Sunday.

Okoye stated: ”The Resident Electoral Commissioner (REC) for Enugu State, Dr. Chukwuemeka J. Chukwu, has reported that our office in Enugu South Local Government Area was attacked by unknown gunmen. The incident occurred around 9.12pm yesterday, Sunday 15th January 2023.

“The security gatehouse was razed. Fortunately, the attackers could not gain access to the main building as a result of the rapid response from the Police and Army personnel from 82 Division.

“The State Commissioner of Police and the REC were personally at the scene immediately they received information about the attack. Of the two Policemen deployed to protect the facility, one of them lost his life while the other sustained injuries and is receiving treatment.

“The Commission prays for the repose of the soul of the deceased policeman and the speedy recovery of the injured.”

The INEC Commissioner further disclosed that the attack is under investigation  by Security Agencies.

Furthermore, a meeting of the Inter-Agency Consultative Committee on Election Security (ICCES) in Enugu State co-chaired by the REC and the Commissioner of Police has been convened to discuss the latest incident and design additional strategies for fortifying the offices and protecting the personnel and materials.

“Meanwhile, the destroyed gatehouse will be rebuilt, and the Commission is proceeding with its preparations for the 2023 General Election in Enugu State and the entire country as scheduled,” he stated.

This is the third attack on INEC facilities in the South East in less than one month, prompting the INEC Boss, Professor Mahmood Yakubu to call on Security Agencies to bring the perpetrators to book.

IPOB Tells Soludo Not To Bother Standing As Surety For Kanu

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By Akinwale Kasali

Anambra State Governor, Chukwuma Soludo has been told by the Indigenous People of Biafra, IPOB, that his plan to stand as surety for the unconditional release of its Leader, Nnamdi Kanu, from Federal Government is needless.

Though, the Secessionist Group hailed his decision and thanked him,  but it said that the issue of granting of bail or standing surety does not arise at this time because the Federal Government has breached the order of a superior Court of competent jurisdiction.

The Pro-Biafra Group stated that Kanu had been  discharged and acquitted since October 13, 2022, by the Court of Appeal and do not have any need for surety because there is no charge hanging on him as of today.

A statement by its Media and Publicity Secretary, Emma Powerful, on Monday, stated that, “We have gone beyond the issue of surety or no surety, every genuine call and demand in the prevailing circumstance should be  firmly directed at calling out on the Federal Government of Nigeria to immediately obey the order for the unconditional release of Kanu made by its own court.

“Though the said call for the unconditional release of our leader is belatedly coming three months and one day, after the Court of Appeal, Abuja judicial division, in its erudite judgement delivered on October 13, 2022, discharged and acquitted the leader of IPOB and all the remaining eight-count amended charges preferred against him, and consequently directed for his unconditional release.

“The landmark judgment further prohibited the Federal Government from further detaining our leader or even presenting him for trial on any indictment or offence whatsoever before any court in Nigeria.

“It is important therefore, to clarify that our leader has no form of indictment or even charge pending against him today before any court by the authority of this judgement.

“The issue of granting bail or otherwise does not arise by any stretch of consideration or imagination, because it is the Federal Government that is today in breach of this order of superior court of competent jurisdiction.

“May we also remind Governor Soludo and others, that Kanu’s current incarceration is not sanctioned by any law known to man, it is unconstitutional and affront to constitutional democracy and rule of law.

“Further to the above, is the fact that Kanu has no case to answer again, therefore, the need for surety does not arise, instead Soludo should gear all his efforts towards persuading and compelling on the lawless rulers of Nigeria to obey their own law.

“It is to be pointed out further, that this kind of plea is the reason why the rulers of Nigeria have no regard for the rule of law, why should we be pleading with them to obey their own court orders directing for the unconditional release of Kanu? It’s compelling and mandatory on their part to obey their own court orders.

“Federal Government is today in grave contempt of the orders of court of its own court, and their appeal before the Supreme Court can not justify the present illegal incarceration of our leader in a solitary confinement in DSS.”

Governor Soludo had earlier said that he was ready to stand as surety for the IPOB leader in order to secure his release.

Kanu has been in Government custody since June 2021.

Tinubu, Not Atiku Should Withdraw From Presidential Race – PDP

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By Ayodele Oni

The Peoples Democratic Party (PDP) has reacted to the call by the All Progressives Congress (APC) that its Presidential Candidate, Atiku Abubakar, should quit the Presidential race and be prosecuted.

The Tinubu/Shetima Presidential Campaign Council had on Monday listed some allegations as raised by a whistleblower against Atiku. It called on security agencies to arrest and  prosecute Atiku.

But in response, PDP said it “dismisses as irresponsible attempt by the All Progressives Congress (APC) and its incoherent Presidential Candidate, Asiwaju Bola Ahmed Tinubu, to divert public attention from the issues affecting Nigerians.

“It is indeed ironic that an embattled Tinubu, who is beleaguered by uncountable cases of fraudulent activities, including perjury, forgery, treasury looting, corruption and narcotic-related conviction can attempt to impugn on the unimpeachable integrity of the PDP Presidential Candidate.

“For clarity and for the interest of Nigerians, it is on record that Atiku Abubakar is one of the most investigated public officials in this country.”

A statement signed by Debo Ologunagba, PDP spokesman added that “It is also on record that in all the investigations undertaken over him and his affairs, Atiku Abubakar was never found culpable in any of the allegations.

“In contrast, however, the APC Presidential Candidate has a litany of confirmed legal impediments on very grave issues including those that boarder on international crime, namely; trafficking in narcotics and taking proceeds of narcotic.

“In the recent case revealed in the United States of America, it is on record that the APC Presidential Candidate forfeited the sum of $460,000 which was confirmed and found to be proceed of trafficking in narcotic; an international crime for which Nigeria, being a signatory to International Convention on trafficking in narcotic is obliged to enforce.

“The effect of the conviction and forfeiture of the sum of $460,000 by Asiwaju Tinubu confirms that he is ineligible and not qualified to contest for the Office of the President of Nigeria as required by the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

“For clarity, Section 137 (1) (d) of the Constitution of Federal Republic of Nigeria, 1999 (as amended) provides that:(1) “A person shall not be qualified for election to the office of President if… (d) He is under a sentence of death imposed by any competent court of law or tribunal in Nigeria or a sentence of imprisonment or fine for any offence involving dishonesty or fraud (by whatever name called) or for any other offence, imposed on him by ANY COURT or tribunal or substituted by a competent authority for any other sentence imposed on him by such a court or tribunal.

“Having been convicted, sentenced and fined for narcotic trafficking in a criminal suit filed pursuant to the United States Criminal Code, Asiwaju Tinubu cannot by virtue of Section 137 (1)(d) of the Constitution of the Federal Republic of Nigeria 1999 (as amended) seek office as President of Nigeria.

“The APC Presidential Candidate has not come out to deny the conviction and forfeiture or show evidence of any attempt by him to challenge or appeal the judgment, apparently believing that it will slide with time.

“Asiwaju Tinubu ought to know that time does not run against the State in a criminal matter!

“He should therefore withdraw from the Presidential race having been found ineligible and not qualified to run or to contest for the Office of the President of Nigeria under the provisions of the Nigerian Constitution.”

Obi At Chatham House: My Presidency Will Dismantle Inefficiency, Stop Transactional Policies In Government

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Peter Obi at Chatham House

The Labour Party Presidential Candidate, Mr Peter Obi, was a Guest of Chatham House, the famous British international Policy institute. There, he told the excited audience that Nigeria’s Presidency, with him and Yusuf Datti Baba-Ahmed in charge, will dismantle inefficiency and eliminate transactional policies that breed corruption in government.

Obi, who took over 15 questions from the audience after his brilliant paper on various sectors, said they will dismantle the structure of criminality which they have been using to hold the country hostage.

Stating that “there will be no sacred cow” under the Obi-Datti administration, the Labour Party Presidential candidate said that “our objective is to dismantle these structures of criminality and enthrone competence, character, and capability so that talents and ideas can flourish.”

On how he intends to cope with possibly having a National Assembly that may be dominated by other parties, Obi said he went through such experience as Governor of Anambra state when none of the 30 members of the State of Assembly came from his political party, adding that what he needed to navigate such case is to do the right thing, avoid nepotism and transactional policies,  because even the parliamentarians desire good governance.

Responding to a question on the Indigenous Peoples of Biafra (IPOB), and why he has not condemned them, Obi said that for him and many other reasonable Nigerians, including the Igbo, the Biafra war ended 53 years ago. But he is not oblivious of the agitators’ demands for justice.

According to him, “we are going to look into the issue of justice and marginalization which  some of them are hinging their grievances on.

“We are going to apply the carrot and stick method in dealing with the agitators. But in the end there can only be one Government and we will be in charge.”

On how to attract investors to Nigeria which was asked by a former British High Commissioner to Nigeria, Paul Arkwright, Obi likened what he intends to do to attract investors to bee and honey, and said he will create an enabling environment where rule of law thrives and will avoid any transactional policies which breeds corruption and weakens governance.

On security, Obi said it will be his top priority because everything will be done to secure the environment and he will do this by first turning the country into production and pulling people out of poverty and adequately utilizing our military.

Obi noted: “Our military once secured Africa and they should secure Nigeria and we will provide the needed leadership and political will.”

He also answered questions on the independence of the Central Bank of Nigeria (CBN), saying that what is happening in the apex bank now is a consequence of a mix up of responsibilities and not necessarily of competence, a situation he assured his regime will correct by ensuring that square pegs are in square holes both in personnel and policies.

Obi also said that the on-going fiscal rascality in the system will be dismantled and order and discipline injected into the country’s monetary policies.

On how to navigate the so called ‘big boys’ to be able to see through his beautiful policies if elected, the LP standard bearer said the challenge will be surmounted as there will be no sacred cow.

The former Anambra state Governor also provided convincing answers to questions on education, Health, debt servicing among others to win the consistent applause from the audience.

Obi gave indication of his preparedness for the program when he was offered a seat by the moderator of the program, and he respectfully rejected it, saying the problem in Nigeria his country is so serious and not for sitting down. He stood all through the nearly two hours program.

Millions of people within and outside the country followed the program via social media and 99% of the comment’s eulogized the Candidate for his brilliant outing.