Home Blog Page 2267

Treasury Single Account Takes Off In Ondo

0
Ondo State Government Officials Retreat

By Ayodele Oni

As part of measures to keep them abreast of Government policies and programmes, Commissioners, other Political office holders and top Government officials in Ondo State, have attended a three-day retreat programme.

The retreat exposed participants to the concepts of the administration with Ministries, Departments and Agencies of Government mandated to institutionalize the concept of “One administration.”

Fourteen Commissioners and Special Advisers were sworn-in by Governor Rotimi Akeredolu last December, while his son, Babajide was appointed as Director General in charge of Due Process.

They were also directed to implement the mandates in line with the REDEEMED Agenda of the Governor Oluwarotimi Akeredolu-led administration.

Other resolutions  reached at the end of the Retreat, which was also attended by Accounting Officers in Ondo state public service, held at Owo was full implementation of Treasury Single Account, (TSA) in the state.

While declaring open the programme, the State Governor Akeredolu, explained that the retreat was necessary to ensure that all MDAs key into the REDEEMED Agenda of the Administration; entrench the culture of One administration; improve their revenue generation and upscale their productivity.

Participants agreed among other things, that Ondo State must fully automate revenue collection, expand the revenue sources and block revenue leakages; while MDAs must prioritize and align capital projects with realistic budgetary provisions to ensure timely completion of key developmental projects.

In the communique signed by the Secretary to the State Government, Princess Oladunni Odu and the Head of Service, Pastor John Adeyemo, all MDAs are to adhere strictly to the provisions of Ondo State’s Public Procurement Law (2017), and also engage in peer review with sister agencies both within and outside the State for better performance.

“Multilateral and bilateral funding opportunities are to be fully explored for the benefit of the State, even as synergy between political heads and technocrats are to be fostered and adherence to provisions of the regulatory books observed in all official actions.

“State’s Bureau of Statistics should be repositioned for data-driven development of all sectors;

“Public servants should undergo regular capacity building to enable them cascade knowledge gained to their subordinates while ICT competence be made a key qualification for new entrants into the State Public Service;

“Government to sustain its current security effort, particularly the operation of the Ondo State Security Network (Amotekun Corps), for continued protection of lives and properties in the State;

“Government to continue to press for the actualization of the exploration of its vast bitumen reserve, other mineral resources and the development of Port Ondo.

“Parts of the degraded forest reserves in the State are to be utilized for cash crops for economic benefits, just as Gender mainstreaming and related matters to be continually prioritized by Government.

“Government to institutionalise citizenship engagement and sustain good labour/association relations.”

CBN: Disquiet After Apex Bank Hammers 13 Banks With N350bn CRR

0
Godwin Emefiele

By Tosin Olatokunbo

The Central Bank of Nigeria, CBN has wielded the big stick on some commercial banks in the country in its quest to enforce its Cash Reserve Requirement, CRR. As a pointer that the  Godwin Emefile-led apex bank will continue to breathe down on financial institutions to meet their obligations, a whopping N350 billion has been deducted from the accounts of some banks for the month of January.

According to Thisday, the CBN deducted N356.1 billion from 13 commercial banks last Friday, the very first time in the new year 2022.

This is in spite of feelings in the financial sector that the deduction is stifling banks’ capacity to expand credit to the productive sector.

This is even more so considering the fact that the current CBN 27.5 per cent CRR is above the threshold in other financial climes. Analysts in the sector disclosed that the CRR has risen to as much as 50 per cent in the past few years when it’s no more than seven per cent in order developing economies.

But CBN insiders told the magazine that the apex bank must control inflation by controlling excess cash in circulation, apart from checking bank’s appetite for roundtripping.

“Excessive cash in banks aids forex racketeering. Considering the current forex shortage facing the country, the CBN cannot afford to take a gamble,” a source said on Monday.

Emefiele had at the end of the monthly MPR meeting in January said its decision to directly deduct funds from banks failing in their CRR obligations has paid off in ensuring healthy monetary policy.

“The committee is confident that increasing the CRR at this time is fortuitous as it will help address monetary-induced inflation whilst retaining the benefits from the Bank’s LDR policy, which has been successful in significantly increasing credit to the private sector as well as pushing market interest rates downwards.,” Emefiele said after the MPC voted to retain existing monetary parameters at the end of its meeting last month.

The breakdown of the deductions indicates that Zenith Bank and Providus were debited N170 billion, N40 billion respectively. Others are: FCMB N39 billion, First Bank of Nigeria Limited N27 billion, Guaranty Trust Bank Plc N20 billion and Citibank N12 billion.

Others are Stanbic IBTC bank, Union Bank of Nigeria Plc and Polaris Banks which were debited N10 billion each, Keystone Bank N6 billion, Ecobank Nigeria N5 billion, Sterling Bank Plc, N3.6 billion, Fidelity Bank N2 billion and Nova merchant bank N1.5 billion.

Last December, the CBN debited 16 banks and two merchant banks N175 billion. The breakdown of the figure showed that, Zenith bank was debitted N90 billion, Access bank-N25 billion, Unity Bank Plc- N500 million, FCMB Limited- N5 billion. Others are Stanbic Bank- N4 billion, Polaris- N3billion and UBA- N25billion.

N13bn Fraud: FG Says Gen. Minimah Can’t Travel Abroad

0
Kenneth Minimah

By James Orji

General Kenneth Minimah (rtd.), a former Chief of Army Staff, COAS  would not be allowed to leave the country except he clears his name  over alleged involvement in a N13.8 billion defence equipment procurement fraud, the federal government has said.

This was disclosed by the Nigerian Immigration Service, NIS in its response to a fundamental rights enforcement suit filed by Minimah before a Federal High Court in Abuja.

In the suit marked FHC/ABJ/CS/561/2021, the retired four-star Army General said he was stopped from travelling abroad after the NIS seized his passport at the Nnamdi Azikiwe International Airport, Abuja.

According to Minimah, in the suit filed by his lawyer, Mahmud Magaji, a Senior Advocate of Nigeria, SAN his travel documents were seized without good explanations, asking the court to declare the action of NIS as violation of his fundamental rights, demanding that his passports be returned to him.

He said “on the 19th of April, 2021, the applicant (Minimah) was scheduled to travel to Poland sequel to a letter of invitation sent to him inviting him to attend the AIBA Youths Men’s and Women’s World Championship 2021.

“To the greatest shock and dismay of the applicant, on approaching the clearance desk at the international wing of the Nnamdi Azikiwe International Airport, he was stopped by agents of the Nigerian Immigration Service and prevented from boarding.

“The agents of the first respondent (NIS) informed him that he was not permitted to travel out of the country pursuant to the directives of the second respondent (CIS Umar) who seized his international passport.

“No reason was given to the applicant by the second respondent with regards to the unlawful seizure of his passport”.

But, in its response to the suit, NIS said its action was based on a directive by the federal government, adding that the agency did not violate Minimah’s rights as being claimed. NIS said the General’s problem has to do with his investigation by the Economic and Financial Crimes Commission, EFCC.

“The withdrawal of the applicant’s international passport by the respondents is lawful, legal, constitutional and valid.

“The withdrawal of the applicant’s passport by the respondents does not amount to a violation of the applicant’s fundamental right.

“The EFCC had on two different occasions in the past requested that the applicant be watch-listed by the respondents and when the applicant reported to the EFCC on those two occasions, the EFCC again requested that the applicant be de-listed from the respondents’ watch-list which was done,” the NIS said.

Last December, Minimah was charged alongside an erstwhile Chief of Accounts and Budget of the Nigerian Army, A. O. Adetayo, a major-general, and the former Director, Finance and Accounts of the Nigerian Army, R. I. Odi, a brigadier-general, at the Federal Capital Territory High in Abuja, over an alleged arms procurement fraud of over N13 billion.

IPOB: Controversy Over Kanu’s Role In Sit-at-home Order

0

By Charles Igbo

Who exactly gave the order for an every Monday Sit-at-home in Igboland? The immediate answer will be Mazi Nnamdi Kanu, the Leader of the Indigenous Peoples of Biafra, IPOB. However, there is a new song now. It is that the no movement restriction order imposed on the South-east Zone, by IPOB, did not emanate from Kanu.

This came as the full extent of the damage done to Igbo people and the South-east Zone by the Sit-at-home policy imposed by IPOB, began to dawn on everybody.  Controversy has arisen over who exactly initiated it.

Many months ago, IPOB had suddenly imposed the order to protest the rearrest, detention and prosecution of its leader, Mazi Nnamdi Kanu by the Federal Government. They said it was to pressurize the FG into releasing Kanu.

When it imposed the policy, IPOB said it must be observed every Monday of every week. It was enforced ferociously, and to the letter, in a most brutish manner.

Every Monday, Igboland was reduced to a ghost land, a dead zone. No movement. Nothing. It was so enforced that students of the Zone, missed National and West African Regional examinations. They were chased out of examination halls, and their teachers beaten up.

In Imo State, for example, an Anglican Priest, who was a Principal of a school, was butchered to death for daring to protect his students to take their West African Examination Council  Examination.

In the South-east, properties worth hundreds of millions of Naira were destroyed. Businesses worth billions of Naira were destroyed. Innocent lives, including those of children were  cut down in a most brutish manner. The once ever-booming economy of the zone nose-dived.

Onitsha and Aba, regarded as the economic hub centers in West Africa, in terms of trading; lost that status. Hundreds of people from West African countries who usually converged on the two towns every Monday, especially, to trade, stopped and looked for some other States. People began to relocate their businesses out of Igboland.

As these went on, a number of the Igbo elite who should have intervened, preferred cheap popularity to speaking up to save the Zone, to save the people. They played to the gallery so  they would be clapped for, and called courageous. They decided to be making a political capital out of it. Now, thinking they have really become popular on that basis, they want to be Governors and National Assembly Members, hoping that based on the deliberate ill-advised support they were giving to the youths, they have become the leaders, the spokespersons of the Zone. The only courageous ones

Those who spoke up were dubbed saboteurs. They were called cowards, and their lives and businesses threatened and/or destroyed. Others kept quiet to save their heads. The Governors were helpless.

As this went on, other Zones laughed at the Igbo. When they dared invite the South-West and the North to join them in the Sit-at-home policy to protest bad governance, the North wished the Igbo “10 more years of sitting at home.”

The Yoruba asked them to forget it. They will not destroy their Zone, was the reply.

However, at some point, sanity set in a little. IPOB restricted the policy to only the days Kanu would appear in Court. Yet, it didn’t quite remedy the situation. Some rogue elements continued as usual. To destroy. To maim and kill  people for daring to disobey the Sit-at-home order on Mondays.

It was always taken for granted that the order for Sit-at-home came from the IPOB leader, Nnamdi Kanu.

Bu there is, now, a twist.

Senate Minority Leader, Enyinnaya Abaribe, who has declared interest in the Governorship seat of Abia State in 2023, has revealed something he never revealed before now.

Speaking in Enugu on  Saturday,  at the Investiture ceremony of the 16th President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, (ECCIMA), Abaribe said Kanu did not issue the every Monday Sit-at-home order. And, Abaribe was quoting Kanu.

He said on a visit to Kanu at his detention center, in the company of Senator Ike Ekweremadu and a couple of other, Kanu said he was not the one who issued the Sit-at-home order.

Abaribe said this while recounting the damage done to Igbo land by the order.

His words: “What  is happening in the South-east is a tragedy. Every Monday, people sit at home in what they call ‘holy Monday.’ What is holy in making people suffer like this?

“IPOB has said countless times that they are not the ones enforcing it, neither does it seem like we have a way to solve it.

“I went with Ike Ekweremadu and two Bishops to the DSS to see Nnamdi Kanu and he told us he did not issue the order.”

Abaribe bemoaned the State of the  South-east economy, no thanks to the order, and said people were relocating their businesses out of the South-east.

But that is where the controversy starts.

The questions people are asking now are:

If Kanu did not issue the order, then who did? Is there a higher authority in IPOB than Kanu? If he did not issue the order, why did IPOB not deny it as soon as it was issued in IPOB’s name? Why did Kanu not condemn it immediately it was issued, knowing fully well he would have been obeyed.

Records show that the order was given by IPOB, in a number of statements issued by its Spokesman, Emma Powerful. When it was reduced to only the days Kanu would appear in Court, it was Powerful who also informed the public as such. When IPOB threatened to shutdown Igboland for a month if Kanu was not produced in Court, the announcement also came from Powerful.

However, opinion is that rogue elements have infiltrated IPOB. And, it is these rogue elements who have continued to insist on the every Monday Sit-at-home order, even when IPOB has restricted it to only the days Kanu would appear in Court.

Opinion, however, is that IPOB has lost control of the implementation of the policy it started to rogue elements.

AFCON 2021: Senegal Is Champion Of Africa; Breaks AFCON Jinx

0
Teranga Lions of Senegal

By Akinwale Kasali

After 120 minutes of pulsating and scintillating performance, ending in stalemate, it took penalties to separate the Teranga Lions of Senegal and the Pharaohs of Egypt in the crunchy 33rd African Cup of Nations final.

Misses from Mohammed Abdelmonem and Mostapha Lasheen in the tense shoot-out, gave advantage to the Senegalese mercurial player, Sadio Mane, who  was able to rectify his earlier penalty miss in the seventh minute of the match to slot home the decisive penalty and win the trophy for Senegal.

Coach Aliou Cisse could not hold back. Tears rolled down his cheeks. He was able to put smiles on the faces of over 16.5 Million Senegalese at home, who had been dreaming of winning the coveted AFCON trophy.

Senegal and Coach Cisse were third time lucky. Having lost the 2002 AFCON tournament in Mali to the Indomitable Lions of Cameroon on penalties, followed by its loss to the Desert Warriors of Algeria in the 2019 AFCON tournament, they knew that winning the trophy was the only things that could put smiles on the faces of Senegalese, and the players did not disappoint their fans.

Egyptian Captain and teammate of Mane, Mohammed Salah wept uncontrollably as Mane slot home the decider spot kick, failing to increase the AFCON trophy haul of Egypt to Eight.

Salah was a member of the Egyptian team that lost the 2017 AFCON tournament to Cameroon in Equatorial Guinea. With the loss, Salah has lost two AFCON finals.

In the third place match played on Saturday, host, Cameroon pulled off a surprise that will go down in the history of AFCON tournament, coming from 3-0 down to 3-3 forcing the game into penalties.

The Stallions of Burkina Faso had gone 3-0 up courtesy of goals from Steven Yago, own goal by Andre Onana and a sublime header from Djibril Ouattara.

The introduction of Vincent Aboubakar, Momou Ngalemeu and Karl Toko Ekambi changed the dynamics of the game.

With 20 minutes to end of the game, the historic comeback started.

Steven Bahoken pulled a goal back, before Francis Ouedraogo howler gave Aboubakar the opportunity to score a brace in quick succession forcing the game into penalties where the Cameroonians eventually won 5-3 on penalties.

Aboubakar ended the tournament with Eight goals, tallying Bennie Mc Carthy of South Africa and Hossam Hassan of Egypt records in 1996 and 1998 AFCON tournaments respectively.

He won the Golden Boot award; Sadio Mane was declared the Most Valuable player, while Eduardo Mendy was announced the Goalkeeper of the tournament.

Egypt still has an herculean task ahead. It will face Senegal in the Qatar 2022 FIFA World Cup final African Qualification Playoffs between March 24-29 2022 in the double header to ascertain the five teams representing Africa.

Buhari ‘Pushed’ Me Out Of APC – Saraki

0

By James Orji

Bukola Saraki, the immediate past Nigeria Senate President says the failure of President Muhammadu Buhari government to deliver what it promised Nigerians pushed him out of the ruling All Progressives Congress, APC.

The former Kwara state governor was among the People’s Democratic Party, PDP stalwarts that dumped the then ruling party for the APC few months into the general election in 2015.

The election threw up Buhari as president as the APC also swept to power in states hitherto controlled by PDP. Saraki who later became Senate President had a stormy relationship with the presidency through out his tenure as the Chairman of the National Assembly, NASS.

He has since returned to the PDP after he lost the election to return to the Senate and his home state lost to the APC during the 2019 elections.

But while speaking on Saturday during a Twitter Spaces discussion hosted by Rinu Oduala, a rights activist Saraki said he was disappointed with the Buhari government which promised Nigerians so much and failed to deliver.

He explained that he supported President Buhari in 2015 hoping that he would turn the country around.

According to him, “my view in 2015, honestly, was that there was an issue of security and the level of corruption at that time and the issue of integrity, ability to lead the country with honesty and good intentions; a lot of us felt that there was going to be a change,” he said.

“There was nothing personally one was gaining out of it. It wasn’t that one was doing it out of any personal gain at all.

“You could see that when I realised that what we hoped to achieve and deliver for Nigerians was not happening, we parted ways.

“I think that that was an acceptance for me to say that this was not what we bargained for. That is the truth, I am speaking from the heart about what happened.

“We had great hopes and intentions. It did not happen. I, unlike others, said ‘look this is not what I promised Nigerians, and I can’t continue’, and we parted ways, and that is the truth about that”.

The former Senate President who also spoke on the cats and dog relationship the NASS under him had with the presidency, said the reason was because he failed to comprise the independence of the legislature.

He said, “all I went through for four years is because I was standing for the independence of the national assembly.

“We made sacrifices for the national assembly. If you look at appointments, we stood our ground for the appointments that we felt were right or wrong. That is standing for the independence of the national assembly”.

Imo Will Not Go Down Again Under Our Watch – Uzodimma; To prosecute Perpetrators Of Insecurity

0
Hope Uzodimma

Governor of Imo State, Senator Hope Uzodimma, on Saturday, assured Imo people that the State will not be overwhelmed by insecurity.

Speaking at the inaugural meeting of the Imo State Elders Council, the Governor said that his administration would continue to put measures in place to ensure that peace within the State is sustained.

“Collectively, we will defend ourselves from these agents of destabilization, we must work together to save the State. I can’t do it alone.

“What happened in Imo State if not for God, would have been terrible, the implementation of the White Paper was our greatest  undoing that saw the State being unleashed with evil by criminals who milked the State dry.

“We came and agreed that our looted assets must be recovered and that we are doing,” he added.

Speaking further, he said “As a Government we will not relent in doing the needful, security-wise, to make Imo State a choice destination for all including outsiders, all persons inciting violence, insecurity through words and actions would be made to face the law.

“We must all come out and speak against the lies, propaganda being peddled against the State. I would want to sincerely appreciate the galaxy of personalities here who in the open, have continuously sided with the truth,” the Governor said as he urged the Elders’ Council to protect Imo in the best interest of Imo people.

2023: Fayose Debunks Endorsing Tinubu’s Presidential Ambition

0

By Akinwale Kasali

Former Ekiti State Governor, Ayo Fayose has debunked claims from some quarter that he has endorsed the aspiration of the All Progressives Congress, APC, National Leader, Asiwaju Bola Ahmed Tinubu for the 2023 Presidency.

The two-term Ekiti State Governor denied the report of Tinubu’s endorsement in a report  in the Punch Newspaper, stressing that if his Party, the Peoples Democratic Party, PDP, gives him Presidential ticket, he would defeat the former Lagos state governor.

According to him: “I have said it over and over, Asiwaju remains a Yoruba leader; I remain a Yoruba leader. We are at different levels of leadership. But if I am being misquoted for the fact that I said Asiwaju is a Yoruba leader, I am saying I am a Yoruba leader, but Asiwaju in his own Yoruba leadership is in the APC; Ayo Fayose in his own leadership is in PDP,”

“Who has told you that I don’t want to be President? Who has told you that if the PDP picks me that I will not defeat Asiwaju? Who has told you? You don’t know, maybe I will still contest. If I come out and they zone it to the South-west, and they say it’s Fayose, if they pick Asiwaju, I will defeat him.

“I have never seen the quote. It is impossible. How do I claim to be the husband of a woman in another man’s house? It is all heresies. Loose talks. Listen, the PDP Government is far better than the APC Government in Nigeria.

“Would he (Tinubu) leave the APC people and come to give me appointments, or will he make me Vice President, such that I work for the APC? It is not possible. Tinubu is for the APC, I am for the PDP. All these insinuations are just to call the dog a bad name to hang it.”

2023: Former Jigawa Governor, Lamido, Alleges Jonathan Has Dumped PDP

0

By Akinwale Kasali

Former Governor of Jigawa State, Sule Lamido, has alleged that former President Goodluck Ebele Jonathan has subtly left the opposition Party, the Peoples Democratic Party, PDP.

Lamido said that the body language of the former President indicates that he has left the Party, but is just yet to formally announce it.

He pointed out that the failure of the former President to attend Party activities, and most importantly, his absence at major national events of the party speak volumes.

In an interview with the British Broadcasting Corporation, BBC, Lamido said he doubts if Jonathan is still a member of the PDP.

“I doubt it; he has not been attending recent activities of our party,” Lamido  responded to questions regarding the former President’s party membership in the interview with the BBC.

Lamido pointed out that for months now, specifically in October 2021 during the PDP National Convention that ushered in former Senate President, Iyoricha Ayu as the PDP National Chairman, former President  Jonathan has been trimming public affiliation with the party.

Though speculations is rife that the ruling All Progressives Congress, APC, is wooing Jonathan to join the Party, promising to give him the 2023 Presidential ticket. very close associates of Jonathan dismissed the speculations as rubbish. “It never happened. It will never happen. It is an insult to say Jonathan could defect to the APC. On what grounds? Jonathan is busy at the Continental and International level, and he is comfortable with that.”

The source who pleaded anonymity because he was not authorised to talk blasted some of them within the PDP touting the story. He said: ” Many of those touting the story are the same PDP people who betrayed Jonathan in 2015. They voted for the then opposition Party, APC, against Jonathan, and now, they are talking nonsense.”

Jonathan has  been spending his time after office mediating in political conflicts across Africa and has not been seen at political gatherings in Nigeria for some time.

Ekiti 2022: Crisis Hits South Lobby Group As Coordinator Resigns

0
Idowu Afuye

By Ayodele Oni

There is a crack in Ekiti South Development Agenda, a group which has been agitating for the election of a Governor from Ekiti South axis of the State  in June. The idea may be forced  into extinction.

The Group, was formed last year, and has been canvassing for an Indigene of the Southern Senatorial  District to be Governor of the State for the first time.

But, the Coordinator of the Group, Mr Idowu Afuye, has just  announced his resignation as Chairman, as well as his withdrawal from its membership at the weekend.

Afuye did not give reasons for his action, but it was gathered that the outcome of the Governorship Primaries of the two leading political parties, which did not produce an indigene from the area, and the decision by prominent politicians from the area to   join forces with their victorious colleagues may be the reasons for his action.

The former Coordinator explained that he tried his best at actualising the Ekiti South Agenda, by transversing the nooks and crannies of the Country to seek support for its actualization.

According to him, his greatest regret  was that the lack of unity and selfishness of stakeholders and politician from the area frustrated the agenda.

He said the agitation took him and his crew to the likes of Prof Banji Akintoye, the Ooni of lfe, Chief Afe Babalola among other eminent Nigerians.

“The Group thought Dr Kayode Fayemi  will keep to his promise of handing over to an Ekiti South person after his tenure. Added to that failure on Fayemi’s part, the Group also suffered another height of dissapointment from the opposition P.D.P which edged out all Ekiti South contestants in its primary.”

Afuye pointed out that since that has happened, he cannot continue to chase shadows. He, thus, decided to move on saying in no distant time, his next line of action will be unveiled.

It was learnt at the weekend that some of the aspirants in PDP and APC who lost out in the Governorship primary have been reaching out to be running mates, defying curses placed on indigenes from the area who would lobby to be Deputy Governor.

Some were reported to have held meetings with the former Governor of the state, Chief Segun Oni who also lost out in the PDP Primary but now a flagbearer of All Progressive Grand Alliance, (APGA) to work with him.

In one of the meetings the group held with a legal luminary, Chief Wole Olanipekun, he told them that the lack of unity and selfishness are some of the factors which have been blocking the emergence of any  indigene of the Southern extraction from becoming the Governor of Ekiti state, 25 years after its creation.

One of the Governorship candidates that will contest in the  June election, Dr Wole Oluyede, on the ticket of  Action Democratic Congress, (ADC) is, however, from the Southern Senatorial District. But the Party is seen not to be strong enough to make any impact.

The race is, clearly, between  the ruling APC, and main opposition Party, PDP.

Yet, time will tell.