Home Blog Page 2263

CBN: Emefiele Forex Policy Staggers

0
CBN Gov Emefiele

By Fola James

The CBN started selling foreign  exchange to commercial  banks in the county last July despite strict warning by keen watchers of the Godwin Emefiele-led government  bank that the regime is unsustainable.  Critics of the CBN Governor,  in their scathing remarks against the policy said then that the decision to sell forex to banks is one of the trial and error efforts, and not a deep end-to- end framework by the bank to save the nation’s sliding foreign reserves and stabilise the naira.

They said further that the regime will be marked by serious coruption as the apex bank will not be able to monitor  the banks to know whether the forex are being sold to genuine end users. Some measures put in place then by the CBN was to set up forex desks in all the banks, apart from issuing warning to banks chief executives that anyone caught in the web of forex racketeering will be severely punished.

The analysts seemed to be right considering that the apex bank has now made a u-turn barely eight months after. Emefiele said yesterday in Abuja that the regime is no longer sustainable  and would end by the end of the year.

The development also comes on the back of revelation,  on Wednesday, by the bank that Diaspora weekly remittance has increased from about $6 million in 2020 to $100 million in 2022.

But this appears not to have a positive impact on the nation’s  foreign reserve which has been on the slide since the beginning of the year, analysts said.

For instance,  the chief executive officer of Financial Derivatives Company, Bismarck Rewane, said last month that the forex reserve would drop to $39 billion by the first quarter of the year, citing demand for forex and pressure on the Naira. By last week, the figure has dropped from the month long  $40 billion even as the country’s foreign reserve monitors paint a more gloomy outlook before the first half of the year.

“Even with the rising crude oil prices in the international market, the CBN must engage in serious engagement and positive framework that will ensure the stability of Nigeria’s  foreign reserve. All stakeholders must be involved this time around, and if possible a think thank  set up to draw the way forward,” Princewill Duke, an analyst  said on Friday.

The govrnment bank stared selling forex to banks in July last year after it accused bureau the change,  BDC of sponsoring terrorists and other criminal groups in the county.

Emefiele said then that the apex bank took the decision  because BDC operators “have turned themselves away from their objectives They are now agents that facilitate graft and corruption in the country.We cannot continue with the bad practices that are happening at the BDC market.”

But months after, the apex bank said it will end the regime of forex sale to banks soon. Emefiele who spoke during the launch of the bank’s new forex repatriation scheme, RT200, held after the Banker’s Committee meeting on Thursday, in Abuja, said the CBN will end forex sale to banks by end of the year, adding that banks should begin to source for their forex independently.

Speaking on Thursday, Emefiele disclosed that commercial banks have become lazy in sourcing for forex for their customers, noting that they cannot continue to rely on the bank.

“The era is coming to an end when, because your customers need 100million dollars in foreign exchange or 200 million dollars, you now want to pack all the dollars and pass it to CBN to give you dollars.

The regime of forex sale to banks “is coming to an end before or by the end of this year. We will tell them don’t come to the Central Bank for foreign exchange again go and generate your export proceeds.

“When those export proceeds come, we will fund them at 5% for you and they will earn rebait. Then you can sell those proceeds to your customers that want 100 million dollars. But to say you will continue to come to the Central Bank to give you dollars, we will stop it,” the CBN boss said.

He explained that the decision is in line with the CBN’s new commitment to boost the country’s foreign reserves through proceeds from non-oil exports.

“Nigeria cannot continue to depend on FX earnings to fund its import obligations from revenue coming from earnings from products where we cannot determine both price and quantity,” he said.

Meanwhile,  the CBN Governor disclosed  on Thursday that it policies and measures have led to a significant increase in Diaspora remittances after it slowed during the COVID 19 pandemic. Emefiele said policies such as the N1 trillion facility in loans to boost local manufacturing and production across critical sectors of the economy led to surge in diaspora remittances.

Dirty Petrol: MRS Denies Responsibility, Spills The Beans

0
MRS Filling Station

By Uche Mbah

MRS, one of the companies named by the Nigerian National Petroleum Company, NNPC, of culpability in the scandalous importation of Dirty fuel into the country, has denied responsibility.

MRS was fingered, along with other companies, of being responsible for the importation  the toxic fuel.

But in a release, MRS put the blame  on the NNPC and its subsidiary, Duke Oil. It said the NNPC is the sole importer of fuel into the country due to the subsidy regime. The contaminated fuel was imported by the NNPC and distributed to companies through its subsidiary, Duke Oil.

Following is the statement from MRS.

“It has come to the knowledge of MRS Oil Nigeria Plc that ‘MRS’ has been quoted, used speculatively on various social media platforms and in other national dailies as being solely responsible for the importation and distribution of substandard and contaminated Premium Motor Spirits (PMS) in the country,” the statement said.

“We want to reassure the public and all relevant authorities, that ‘MRS’ is a responsible corporate citizen and will not be involved in the purchase, importation, distribution or marketing of substandard petroleum products in Nigeria.

“It is, therefore, necessary that any media, reporting this false information which has resulted in the defamation of the Company’s brand and image, must immediately refrain from doing so and endeavor to check the facts before printing unauthenticated information and statements, which would affect the goodwill of the Company and the investing public.

“For this reason, the Management of ‘MRS’ writes to inform the public of the facts which has resulted in product scarcity in the country.

“Due to current subsidy regime, NNPC is the sole supplier of all PMS in Nigeria. Consequently, NNPC through their trading arm, Duke Oil, supplied a cargo of PMS purchased from international trader Litasco and delivered it with Motor Tanker (MT) Nord Gainer.

“This vessel discharged in Apapa between January 24 and 30, 2022 and the following Major Marketers with receiving quantities were the recipients of the product:

OVH 10,000 mt;

MRS 5,000 mt;

NIPCO 5,958 mt;

ARDOVA 6,000 mt;

TOTAL 10,000 mt.

“As one of the beneficiaries, MRS received the product in its depot and distributed the product to only eight of its stations in Lagos. Following delivery into tank, it was observed that the product appeared hazy and dark; Management immediately directed that further sale(s) should be stopped and the product isolated. Urgent steps were taken to analyse the product to determine the basis for its contamination.

“The product analysis revealed that the PMS discharged by MT Nord Ganier had 20 per cent methanol, which is an illegal substance in Nigeria. As a company, we are aware that alcohol/ethanol is not permitted to be mixed in PMS specification. We immediately informed NNPC, NMDPRA and MOMAN and it was confirmed that other members had similar experiences.

“As at the time of this Press Release, ‘MRS’ had a total of 350,000 litres in tank at the eight stations; we await approval from NNPC and NMDPRA for the return of the product. The eight stations have been isolated, but there are other tanks within the stations, which will receive uncontaminated product for sale as soon as possible.

“In view of the above, ‘MRS’ will continue to work with NNPC and NMDPRA, for the evacuation of the contaminated product to NNPC, who is the sole supplier of the product. We are aware that NNPC has taken necessary steps to reject further imports of this product from Litasco /Duke Oil and/or any other trader, supplying fuels which contain ethanol/methanol into Nigeria.

“The allegation reported against the company that ‘MRS’ imported contaminated products, is therefore mischievous, false and untrue. ‘MRS’ is not an importer of this contaminated PMS into the country, nor does ‘MRS’ sell substandard products.

“We are by this press release, informing the media and general public that all products currently dispensed/sold out of all MRS stations (with the exception of the recent product received from NNPC), are on-spec and are of the highest quality.”

Industry sources insist the there is no way NNPC is going to extricate itself from culpability since they sre expected yo test the purity of fuel brought into the country.

” The test is done when the ship arrives, when it is offloaded and before distribution.”

A source said. “If they( NNPC) say they are probing the issue, it makes no sense. That is why independent investigation is required ?”.

How Veteran Nollywood Actor, Romanus Amuta, (Natty), Died

0
Romanus Amuta - Natty

By Akinwale Kasali

After years of battling ill- health, and years of being missed by his numerous fans, Romanus Amuta, succumbed to death.

To many, especially the younger generation, his name may sound strange,but, the veteran actor was one of those who kept Nigerians glued to their Television sets.

Amuta rose to limelight after featuring in Popular Nigerian Soap Opera ‘The Masquerade’ where he played the role of ‘Natty’.

He died in the early hours after a long battle with Stroke.

The late Amuta was off the acting scene after developing Stroke in 2009. His health was being managed quietly until it deteriorated, leading to his death

Speaking on the development, his son,  Chukwuma, told newsmen: “My father died this morning in Lagos after a protracted illness”.

The 79 year old hailed from Ukana, Udi LGA of Enugu state.

It would be recalled that the Late Amuta made the headlines in 2014 after a rumour hit Social Media with the caption ‘Romanus Amuta is Dead’.

The report was quickly dispelled as the thespian granted an interview to journalists stating that he was alive and well but admitted being down with partial paralysis arising from Stroke.

Former President of the Actors’ Guild of Nigeria, AGN,  Ibinabo Fiberisima rushed to his aid and helped his family with the much needed financial assistance at the time.

Amuta is survived by a wife and Children.

OPINION: Mountain Facing Yahaya Bello

0
Azu Ishiekwene

By Azu Ishiekwene

Even though the All Progressives Congress (APC) has repeatedly denied zoning the position of chairman to the North Central, there’s hardly any credible analysis which does not feature candidates from the zone in the first three spots.

Days to the party’s first national convention in four years, there is growing public interest in the outcome of the convention, because how it ends may not only indicate if the party is over, it might also provide an indication of who the party’s flag bearer would be for next year’s presidential election.

The opposition Peoples Democratic Party (PDP), has been a bit more open in dealing with this demon. The mood in the party is to throw the thing open. After decades of treating zoning as sacrosanct, stalwarts in the opposition appear to have seen the light, declaring that irrespective of where the party’s chairman may come from, the presidential ticket would go to the best candidate, sparking a rash of interests across the six zones.

Despite mixed reactions about zoning in the ruling party, no one can say for sure that it would follow the opposition’s example. If the APC plays the zoning card on February 26, as is widely expected, and concedes the chairmanship to the North Central, that could significantly complicate the presidential ambition of the most visible contender from the zone – Governor Yahaya Bello – even before he has formally and publicly declared his intention to run.

One of the earliest candidates to show interest in the race, Bello stuck his head out when those considered to be heavyweights – or ‘owners of Nigeria’, to borrow Dele Momodu’s remix of Oliver De Coque (Ana Enwe Obodo), were still lying low.

For many who thought his ambition was an insolent joke – and that includes me – it would be interesting to see how he rallies after the party’s convention, especially if a candidate from his zone, the North Central, gets the party chair.

But he thinks he can get it – and will – irrespective of where the party fetches its chairman. In its nearly eight years of existence, neither the APC nor the legacy parties that formed it, has chosen both its chairman and presidential candidate from the same zone.

In the last 23 years, in fact, the only major party that has bucked the trend is the All Progressives Grand Alliance (APGA) in 2003, when the party presented Odumegwu Ojukwu as its presidential candidate, even though Chekwas Okorie was chairman. But that was understandable: APGA is a regional party.

The APC has, in fact, treated zoning with the same fetishism with which it has religion, insisting that its flag bearer and his deputy, for example, cannot be of the same faith. Yet, Bello insists that neither zoning nor faith is a mountain too high to climb. When the issue came up at a recent meeting, he said that whichever way the party sliced it, it would still fall to him, something which one of those present described as audacious, if not dangerous optimism, but a view he disagreed with.

“You know what they say about two dogs fighting over a bone,” Bello said. “The third simply picks it up without much effort. That is what is going to happen with the APC presidential ticket. Watch.”

Perhaps, and that, with a capital P. Anyone familiar with the wheeling and dealing, the horse trading, the incredible cash outlay (some have estimated it at nearly N10 billion), and the sheer jiggery pokery involved in selecting the presidential flag bearer of a major political party in Nigeria, might agree that it’s not a boy’s playground.

So far, in the APC alone, the heavyweights range from Asiwaju Bola Ahmed Tinubu to Vice President Yemi Osinbajo and from Governor Kayode Fayemi to Governor David Umahi, Senator Orji Uzo Kalu and Rochas Okorocha. Even the Transport Minister, Rotimi Amaechi, has been mentioned. And in the last few days, there has been a renewed buzz that the APC is paving the way for former President Goodluck Jonathan to decamp from the PDP and potentially carry the party’s flag.

It is against this line-up of veterans, hardened by the tempestuous and treacherous waters of Nigerian politics that Rookie Bello would now go to war and hope to succeed. If he is banking on luck, the cousin of hope, perhaps he has a reason to do so.

Seven years ago, during the APC governorship primary, Bello came a distant second to the late Abubakar Audu before two crucial events changed the course of Kogi politics. Luck played a major role, which he is hoping might repeat itself.

The Independent National Electoral Commission (INEC) declared the state’s governorship election inconclusive and then Audu, who was already declared winner in majority of local government areas, died on November 22, 2015, before a scheduled date for a rerun.

Audu’s party, the APC, had two choices before it: to replace Audu with his running mate, James Faleke, or with the runner-up to Audu during its primary, Bello. APC went for the latter, and the dynamics of Kogi politics have not remained the same. Although Faleke protested the decision and challenged it in court, his grievances fell on deaf ears at party level and his legal action was unsuccessful.

This time, Bello insists he is banking on much more than hope or luck. Age, he says, is also on his side and would be a serious issue in the next election, at which his backers respond with thunderous chants of, “It’s youth o’clock! It’s youth o’clock!!”

Bello, the youngest governor in Nigeria and the only governor to be born after the Nigerian civil war, has since completed his first term and was reelected in November 2019 for a second term, which he must now juggle with his presidential ambition.

Yet, age is neither a measure of folly nor is it a guarantee of performance. Bello insists that, against the odds, he has performed. The first governor from Ebira, a minority within minority ethnic groups, he said he has exorcised ghost workers from the payroll, which cost the state N213 billion in 13 years of leakages, cleared outstanding backlog of salaries which amounted to about N18 billion, smashed criminal gangs and made the state safer, and established a reputation of publishing the monthly accounts on the state’s website.

And on top of this, he prides himself on being a party man to the core, with inside track to the king and also the kingmakers (except, of course, a notable one located to the North of his state, whom he said is a sworn enemy).

While he thinks his record qualifies him to run for a higher office, his opponents think that it is largely because of the same record that he is unfit to run. His face-off with EFCC over the alleged diversion of N20 billion bailout state funds, his bizarre and unpopular posture on vaccines and cattle grazing routes, and his exuberant, almost gangster-like political style, cultivated in his early days in office, are often cited as proof that he is unsuitablefor higher office.

Bello insists this baggage is an invention of his enemies, “especially powerful vested interests” who are afraid that his candidacy would end the era of business as usual. “They know I’m not beholden to any special interests, they know that they have nothing on me because I’m a child of destiny; I’m focused on serving the mass of the people,” he said. “You call it baggage; I call it a panic attack.”

Those for or against Bello won’t have to wait for too long before they find out whether there is any reserve left in the tank of his luck. By the time the party’s convention is over in about two weeks, it would be clearer if the governor has remade his own luck after six years or if, like lightning, his luck only struck once.


Ishiekwene is Editor-In-Chief of LEADERSHIP

How I Assist Local Govts To Spend Their Money – Gov Akeredolu

0
Rotimi Akeredolu of Ondo State
Rotimi Akeredolu

By Ayodele Oni

Ondo State Governor, Mr Oluwarotimi Akeredolu, SAN, has said that his administration has not been tampering with Local Governments’ funds, but only encourage them to save for capital projects.

The Governor spoke in Akure on Thursday, while handing over 18 Units of JMC Pick Up utility vehicles for the use of the 18 Local Government Chairmen in the state.

Three Pick Up vehicles were also handed over to the State Security Network, codenamed “Amotekun”, as part of the administration’s efforts to boost security operation in the state.

The vehicles were handed over to the Council Chairmen and the Special Adviser to the Governor on Security Matters, who doubles as the Commander of the Amotekun corps, Chief Adetunji Adeleye.

Mr Akeredolu explained that the vehicles were bought and distributed to the Chairmen in order to ensure smooth operations at the Local Government level.

Recall that the Governor last year commissioned and distributed 18 units of SEM–919 Motor Graders for the usage of the 18 local governments in the state.

The Governor disclosed that his administration would never touch money meant for the local governments, but would continue to ensure that the funds are properly used.

He said the vehicles distributed were bought from money, which was saved from the local government fund, particularly remaining fund gathered after payment of workers salaries.

The Governor warned that the vehicles are not meant for individuals, stressing that they are bought for the local councils for the use of the chairmen.

“To the Local Government Chairmen, I want to congratulate you. Under the able leadership of the Deputy Governor and your commissioner, they have done well.

“You chose to find a way for us to be able to buy these vehicles. I advised that you save up for sometime and we arrange for these vehicles to come and you complete payment on installment. I am glad that you only have one installment to complete it now.

“These vehicles are not for any individual. We have not bought vehicle for any Individual. We have bought these vehicles for each local government.

“And for the chairman to use. Use these vehicles very well. You are chairman today, but you may not be tomorrow. Use it very well. Because when you leave, you are not taking it away.

“When you leave here, get to ODIRS, get the vehicles registered in the name of the local government. Put the number plate there for all to see.

“Don’t cover number plates. Any vehicle that the number is covered, Amotekun will impound it. We have discussed it at the security council.

“Only Governor and the Deputy Governor are allowed. Get the number of headquarters of each of the local government.”

Governor Akeredolu also disclosed that the three vehicles bought for Amotekun from the local government savings were important due to the roles of government in security, adding that since the local government is a tier of government, it has to be involved.

“The essence of this is for all of us to know that we are not forcing anything on anyone. The money you have now, use it to clear the road verges. These vehicles are for you to work and it can go on any terrain.”

Earlier, the Deputy Governor, Lucky Aiyedatiwa, commended the Governor for his transparency in the local government administration.

“Since the inception of this administration, you have never touched local government money. When I presented that we needed to save their money for capital project, you graciously approved.

“Part of that is what we used to purchase these vehicles for the smooth operation of local government in the state. 18 units for local governments and three for Amotekun corps.”

The chairman of the Association of Local Government of Nigeria (ALGON), Ondo State chapter, and Chairman, Akoko Southwest local government, Augustine Oloruntogbe, who spoke on behalf of his colleagues, thanked Governor Akeredolu for always supporting the local council chairmen in the state.

PDP Wants Those Behind Importation Of Toxic Fuel Exposed, Punished

0
President Muhammadu Buhari
President Muhammadu Buhari

By Ayodele Oni

The opposition People’s Democratic Party (PDP) has called for an inquiry into how toxic fuel was imported to the country. The Party also wants those behind the scandal punished.

Already, the Nigerian National Petroleum Company, NNPC, has named the companies responsible. They include Oando, MRS, Duke Oil, and a couple of others. On Wednesday, the House of Representatives resolved to probe the circumstances behind the importation of the dirty fuel.

Also, the Minister for State, Petroleum, Timipre Sylva, promised that those behind it will be punished.

But the party  slammed the ruling All Progressive Congress (APC) for attempting to shield some of its members involved in the importation of the fuel.

A statement on Thursday by the PDP spokesman, Debo Ologunagba the PDP accused the APC of cover-up.

Part of the statement said that the PDP is alerting “Nigerians of the attempt by the All Progressives Congress (APC) to provide official cover for APC leaders reportedly involved in the criminal importation of toxic fuel into our country.

It continued:

“The PDP demands investigation into reports of how APC leaders allegedly connived with foreign interests to import very cheap heavily contaminated fuel laden with methanol in their desperation to defraud Nigerians and corruptly raise billions of naira to fund the APC National Convention and rigging of the 2023 general elections.

“It is now clear that APC leaders are frenziedly seeking ways to steal money to fund their 2023 rigging scheme, since our Party and well-meaning Nigerians exposed and challenged their plots to siphon a staggering N2.557 trillion padded as fuel subsidy for 2022.

“The PDP strongly condemns these despicable acts by APC leaders which further expose the impunity and wickedness of the APC towards Nigerians.

“The inclination for official concealment ostensibly informed the refusal by the Minister of State for Petroleum Resources, Timipre Sylva, on national television on Wednesday, February 9, 2022 to name those involved in the importation of the poisonous fuel into our country.

“Against this backdrop, the PDP rejects the announced internal investigation of this terrible crime by the government as the APC administration cannot be trusted given its manifest predilection to shield the APC leaders involved.

“Nigerians note the various investigations instituted by the APC government in the past which ended without any meaningful outcome; notable among which was the manipulated EndSARS Report.

“The PDP therefore demands for an Independent Commission of Enquiry to investigate all issues connected to the ‘APC Toxic Fuel ImportGate.’ Those involved must be exposed and held accountable.

“Where was the toxic fuel imported from? Which company is the pre-inspection agent?  How much was paid for the very cheap contaminated fuel and through which banks was payment effected? All documents relating to the transaction must be made public.

“Our Party insists that President Muhammadu Buhari, as the Minister of Petroleum Resources cannot acquit himself with his reported comedy of anger, buck-passing, querying of subordinates and attempt by government to use some companies as scapegoats, instead of accepting responsibility by exposing and naming individuals involved in the crime.

“President Buhari and the APC must explain how the reported 317 million liters of toxic fuel came into our country, got cleared and distributed across the nation to worsen the life-discounting experiences of millions of Nigerians under the APC administration.

“Apart from the consequential economic hardship occasioned by the damaging of cars and equipment, crippling of means of livelihood across the country as well as increase in the cost of food items and essential services, the cascading effect of adulterated fuel on our aviation industry can only be imagined.

“Sadly, the situation has the possibility to trigger loss of confidence by international airlines in our aviation fuel supply with attendant economic downturn as they would more likely prefer to fuel in neighbouring countries.

“Our Party calls on all Nigerians, particularly the Organized Labour, Civil Society, Student Bodies, Professional Bodies and all persons of goodwill to insist on an independent inquiry of this crime against the Nigerian people.

“In any case, the PDP strongly cautions the APC and its corrupt government to note that they are practically pushing Nigerians to the wall and there is a limit to which the people can continue to stomach the barefaced atrocities and impunities of the APC.”

For the records, President Muhammadu Buhari is the substantive Minister for Petroleum Resources.

NDDC: Groups Demand End To Sole Administratorship

0

By Ayodele Oni

Tension is rising again at the coastal region of the country as some groups insist on a Board for the Niger Delta Development Commission, (NDDC) and not Sole Administrator.

The Groups, Concerned Citizens of Edo State (CCES) and other Civil Society Organizations, including the Edo Volunteers Group, called for an immediate inauguration of the substantive NDDC Board confirmed by the National Assembly after a screening in 2019.

The Groups, in a statement on Thursday, released online, frowned at the continuous adoption of a Sole Administrator arrangement, denouncing it as an “illegal contraption.”

The statement signed by Kola Edokpayi, Eni Balulu, and Theophilus Afuda, requested for the report of the Forensic Audit of the NDDC conducted by the Federal Government to be publicly released, with indicted persons prosecuted.

They also demanded for the extrication of the NDDC from the Ministry of Niger Delta Affairs and its return to the Presidency, as well as a representation of all the nine states of the Niger Delta region in the Commission.

“Stop nepotism in NDDC. Let there be equal opportunity for all citizens of the Niger Delta Region. We say no to Sole Administrator in NDDC, no to inequitable distribution of the NDDC projects.”

The Groups are the latest Niger Delta stakeholders pushing for the completion of the NDDC leadership formation process that started in 2019 but stalled due to political interventions.

Many have contended that the resort to a Sole Administrator, has aided corruption, negatively impacted the operations of the Commission, and is in violation of its guiding constitution.

The National Assembly Committee, charged with the responsibility of overseeing the activities of the Commission has not been helping matters, as members were once fingered in the corruption, which has become the order of the day at the intervention agency.

Investigation revealed that some members of the National Assembly Committee now divert projects meant for Communities in the oil producing areas to their immediate towns for political gains.

Oando Plc, Others Face NNPC Sanctions Over Adulterated Petrol

0
By Fola James
Oando Plc is one of the marketers that imported adulterated premium motor spirit, PMS also known as petrol into the country, the Nigerian national petroleum corporation has revealed.
Mele Kyari, the Group Managing Direcor, GMD and chief executive officer of the NNPC disclosed this on Wednesday during a meeting with fuel marketers in Abuja, the nation’s capital.
Kyari spoke on the back of federal government decision to compensate vehicle owners whose vehicles were damaged by the adulterated fuel imported into the country recently by the NNPC.
The federal government has ordered the recall of over 100 million litres of the adulterated fuel after outrage by many Nigerians.
The development has created an artificial scarcity across the 36 states in the country and the Federal Capital Territory,  FCT, with long queues of vehicles in petrol stations in major commercial cities.
The NNPC, the government agency solely responsible for fuel importation in the country has now blamed major marketers for the problem.
Apart from Oando, Kyari mentioned other marketers such as MRS, Duke Oil as some of the suppliers which imported methanol blended petrol into the country. He said necessary legal actions, in line with rule of engagement will be taken against the erring marketers.
The NNPC boss, however, stated that the products were certified before they were imported into the country, noting that cargoes quality certificates were issued at  loadport (Antwerp-Belgium) by AmSpec Belgium, adding that the documents indicated that the gasoline complied with Nigerian Specification.
“The NNPC quality inspectors including GMO, SGS, GeoChem and G&G conducted tests before discharge also showed that the gasoline met Nigerian specification,’’ Kyari said.
Kyari noted that as a standard practice for all PMS import to Nigeria, the said cargoes were equally certified by inspection agent appointed by the NMDRA.
“It is important to note that the usual quality inspection protocol employed in both the load port in Belgium and our discharge ports in Nigeria do not include the test for Percent methanol content and therefore the additive was not detected by our quality inspectors’’ he stated .
Meanwhile, Kyari has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality petrol.

2023 Presidency: 36 Govs Divided Over Osinbajo, Tinubu

0
Yemi Osinbajo and Bola Tinubu

By James Orji

Professor Yemi Osinbajo is a formidable Presidential candidate considering the number of state governors backing him, one of his staunch supporters Kayode Ajulo, has said.

Ajulo, a human rights activist and National Secretary of the Labour party, said on Channels Television Politics Today that the vice president has received a bipartisan support from the ruling All Progressives Congress, APC and People’s Democratic Party, PDP governors for his presidential bid.

The vice president has not yet made his intention public. The initial reports that he will declare for president after the APC national convention coming up later this month, has been debunked by his media aide, Laolu Akande.

Besides, Osinbajo is under serious pressure to yield his ambition to his former principal and benefactor, Bola Ahmed Tinubu, a former Governor of Lagos state and APC National Leader.

Apart from Osinbajo and Tinubu there are other Presidential hopefuls who have declared their interest in the nation’s top job.

The two leading political parties have yet to zone the presidency to any part of the country in the face serious agitation that the office should be zoned to the southern part of the country.

In spite of all of this, Ajulo said having served for seven years, Osinbajo is the right person to lead the country, noting that the vice president is a man of integrity who can be trusted by Nigerians to carry on from where Buhari stopped.

According to the rights activist,  “we need to distinguish the office of the Vice President and the personality of Professor Yemi Osinbajo. As it is, his running for this election is non-negotiable,” he said.

“I can say that authoritatively and I think those in the presidency are listening. He has that fundamental right of the first refusal to that ticket, particularly being the vice president of the country.

“If he can be Vice President for so long, he should be the next President. I want to believe that the leadership of the party should believe that that is the position.

“Most of the governors in APC and PDP are even supporting the aspiration of the Vice President, this is so clear.”

Akande had last week dismissed reports that his principal will make his presidential intention public immediately after the APC convention. He described the report a rumour and the figment of imagination of those peddling such.

Osinbajo, he said, will speak on his presidential ambition at the appropriate time.

OPINION: Why North Is Imploding

0
Ochereome Nnanna

By Ochereome Nnanna

SOMETHING extraordinary is happening in Northern Nigeria, alias Arewa. The sons of the poor are up in arms. In cahoots with foreigners from far and near, they are killing their own kinsmen, women and children.

They are kidnapping them for multimillion naira ransoms, destroying their own communities and driving away the elite to Abuja. The poor are fleeing in droves to the South.

The evil seeds sown over the past 218 years by the founders of Sokoto Caliphate, the most backward Islamic system in the world, have grown and are bearing fruits in multiple folds. Muammar Gaddafi’s Libya, Iran, Saudi Arabia, Turkey, United Arab Emirates and a host of other Mid-Eastern peaceful and prosperous countries are also rooted in the Islamic culture.

Arewa and the wider Nigeria society it controls are fractured because of the unwholesome exploitation of Islam by founders of Sokoto Caliphate. It is a system that keeps the elite in snug opulence without any regard for the grassroots.

It is highly oppressive, wicked and bloody. It operates by divide and rule. It is an enterprise rooted on fraud and corruption; a pirate system which is incapable of building an inclusive, prosperous country.

Meaningful development has stalled all over Nigeria because we surrendered our birthrights to the political buccaneers of the Caliphate. We are all drowning in the rot foisted upon us by this evil system. Those of us who complain are called names.

What is happening in the North is a revolt of the oppressed grassroots against the system. In the North West, the Fulani herdsmen, who have been downtrodden by their own powerful and affluent kinsmen, have also taken up arms.

They are killing everything in sight and abducting those they can lay their hands on for ransom. They are rustling cattle and creating little empires of their own in the ungoverned spaces of the Sahelian wilderness.

They will soon start setting up political territories. Take it to the bank: The Bandit Terrorists will soon adopt a political agenda and position themselves for an Islamic theocracy to upstage the Sokoto Caliphate. Indeed, that was what Sheikh Ahmad Gumi tried to persuade them to do.

The Bandit Terrorists are mainly Fulani nomadic herdsmen who were kept in the bushes to rear livestock for their affluent and powerful kinsmen who call the shots in the government houses and bureaucracies, emir’s palaces and mosques. For over two centuries, their own powerful kinsmen kept them marginalised, feeding fat from their nomadism.

While the “home” Fulani freeloaded off the milk and honey of Nigeria, sending their pampered children to the best schools in the world, the “bush” Fulani had no access to modern education, health,  other basic amenities. They lived with their livestock among wild animals. The world passed them by.

Meanwhile, the forests in which they grazed their animals were rapidly being converted to farms and housing/industrial projects by the owners and governments. For instance, those who used to graze their animals in today’s Abuja have nowhere to go.

Unlike the more progressive Igbo, Yoruba and other tribes which embraced education and created free escape routes from poverty for their grassroots, the Fulani elite, in their blind selfishness, kept their own cousins hidden in the bushes. Only Professor Jibril Aminu, as an education minister, lobbied General Ibrahim Babangida of the need for “nomadic education”.

It was a carbon copy of Muhammadu Buhari’s “Ruga”. Aminu’s “nomadic education” did not raise much eyebrow because it was not presented like “Ruga”, a land-grabbing ploy, as it was perceived, especially in the South. The scheme, however, collapsed shortly after Babangida left power.

Many of the nomads were already turning to crime, mainly cattle-rustling, when some desperate Fulani political leaders plotted to use them to force their way back to power after Buhari lost the 2011 election.

The story of how local and foreign Fulani were assembled in the bushes of Zamfara and Niger, armed and trained to come out and fight if Buhari lost the 2015 election, is in the public arena. No one has refuted it till date. They were promised land all over Nigeria. When the politicians were not forthcoming, the attacks started.

Buhari spent the best of the past six and half years trying to force indigenous landowners to give up their ancestral patrimonies for the settlement of nomads. The moves came in several forms: “Ruga”, “Cattle Colonies”, “Grazing Reserves”, “Grazing Routes”, National Livestock Transformation Plan, “Water Resources Bill”, and others.

Meanwhile, armed herdsmen conducted waves of attacks on farmers and indigenous communities with law enforcement and security agencies doing little to stop them. Indeed, individuals and communities which tried to defend themselves were harassed and arrested.

The Federal Government even sent the military to the South East to hunt down people suspected to be members of the Eastern Security Network, ESN, which was established by the Indigenous Peoples of Biafra, IPOB, to defend their people against armed Fulani herdsmen invaders.

These were desperate measures taken by the ruling Fulani elite under Buhari to force indigenous Nigerians to pay for the Fulani neglect of their own grassroots. But, of course, it has not worked; will never work.

It has only led to unrequited bloodshed and the needless stigmatisation of an ethnic group that many Nigerians used to admire for their beauty, exotic culture and deft political and administrative acumens.

Now that the North West bandits have been declared as terrorists like Boko Haram, we must bring them to heel. After that, nomadism should be outlawed and nomads brought into the civilised population to live under the law as normal humans and citizens.

The foolish attempts to seize lands from indigenous people for allocatcion to the nomads must continue to be resisted till they drop it. The dog cannot eat excrement while the goat suffers rotten mouth!


Ochereome, a renowned Columnist writes for Vanguard Newspapers