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LG Polls: Conference 57 Elects New Leaders, As Governor Sanwo-Olu Swear-In Council Chairmen

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Lagos State LG Chairmen

By Akinwale Kasali

The 20 Local Government and 37 Local Council Development Area Chairmen, elected on Saturday, July 24th, 2021, at the Lagos State Local Government election have received their certificates of return. They were subsequently sworn in by the Governor of Lagos state, Babajide Olusola  Sanwo-Olu.

The 57 Chairmen were elected on the platform of All Progressives Congress, APC, and given their certificates by the Chairman of the Lagos State Independent Electoral Commission, LASIEC), Hon Justice Ayotunde Philips rtd, at the Commission’s office on Burrell Road, Yaba, Lagos. It was immediately followed by the inauguration ceremony at Lagos house, Ikeja.

The Chairmen have an umbrella called Conference 57, and a Chairman is usually elected to head the Chairmen.

The Conference 57 after their inauguration elected Chairman, Bariga LDCA, Hon Kolade Alabi, as Chairman and Egunjobi as Vice Chairman Lagos West Senatorial District while Odiolowo-Ojuwoye was elected as Secretary.

Those elected into executive positions of Conference 57 were:

Hon. Alabi Kolade David – Chairman

Hon Ganiyu Egunjobi – Vice Chairman Lagos West

Hon Toyese Olusi- Vice chairman Lagos Central

Hon Dele Osinowo – Vice chairman Lagos East

Hon Rasaq Ajala – Secretary

Hon Rashidat Essien – Treasurer

Hon Rashidat Adu – Welfare officer

Hon Sesan Daini – Public Relation officer

Hon Joseph Gbenu – Finance Secretary

Hon Fatai Ayoola – Legal

Hon Jelili Sulaiman – Organsing secretary

Hon Anomo Adewale Ibrahim – Ex Officio

Sanwo-Olu congratulated the newly elected Chairmen and Vice Chairmen across all the LGAs and LCDAs, stressing that their victory is an affirmation of trust in their competence, capacity and capability to discharge the responsibility of the office they are stepping into. Being the closest tier of Government to the people, any gap or shortcoming in administration will be deeply felt by the people. As a result, their policies and programmes must be people-oriented, focusing on how to improve the lives and livelihood of the people at the grassroots.

The Deputy Governor, Dr. Obafemi Hamzat, Hon Mudashiru Ajayi Obasa, Speaker, Lagos State House of Assembly, LAHA, Hon Rotimi Olowo, the commissioner for Local Govemment and community affairs, Dr. Wale Hamed, Lagos APC chairman, Hon Tunde Balogun, Oba Riliwan Akiolu, Mr Hakeem Muri Okunola (Head of service), Mr Tayo Ayinde (Chief of Sfaff), Hon Kamal Bayewu, Chairman Lagos Civil Service Commission and other commissioners were in attendance

Imo: Security Agencies Burst Oil Theft Gang; Uzodimma Lauds Them

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Hope Uzodimma

Governor Hope Uzodimma of Imo State has commended the security agencies for bursting illegal oil bunkering syndicates operating in the State,  describing the effort as a major breakthrough.

He said by uprooting members of the  syndicate from their base, and dismantling their illegal refineries, the security operatives are helping to restore confidence in those doing genuine businesses and contributing to the development of the society.

The Governor spoke when he visited the headquarters of the Directorate of Security Services (DSS) in Owerri on Monday to assess the quantity of petroleum products seized from the suspects s well as the persons caught by the security operatives in relation to the oil bunkering and illegal refining of crude.

The Governor noted that illegal oil bunkering and refineries has of late been on the increase, regretting that the activities have caused serious economic dent on the Federal Government and by extension, the State Governments revenue.

The Governor said:  “The consequences of these illegal practices have been that the federal revenue has gone down so much, the State revenue, also by extension, has equally gone down.”

The Governor said that the offence of illegal oil bunkering and refining is a very serious one, noting that “apart from being a national economic sabotage it has not helped matters in the determined efforts to reduce crime in the southern part of the country.”

Governor Uzodimma recalled that oil companies have of late bore the brunt of the nefarious activities of the operators of illegal refineries and those vandalizing oil pipelines and stealing crude oil in Nigeria.

He therefore reassured that “Government will do her best to continue to go against those in the illegal business to help conserve Federal Government revenue and by extension, that of the State, and as well bring sanity to the operating environment of oil companies in Nigeria.”

He expressed joy that so far the efforts of government and the security agencies in  partnering to sanitize the environment against crime and criminality is yielding positive result.

The Governor pointed out that members of the syndicate were “caught on their various places of operations where they were practicing their activities on the various illegal deport they established for the refined oil.”

He explained that the value of what was found on members of the gang in terms of naira and kobo is huge and runs into ” hundreds of millions of naira.”  

“The reassuring good news is that the culprits have confessed to the crime because they were caught in the act,” the Governor explained.

The Governor therefore thanked the security agencies “for a job well done” and enjoined them “not to relent”

He also urged the public to be vigilant and report any case of illegal practice “be it in oil or other security breaches to the security agencies for prompt action.”

OPINION: One Day, Four Court Cases

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Reuben Abati

By Reuben Abati

“Ore, I looked for you yesterday? Where were you?”

“I dey for house now? Where I for dey?”

“I actually thought you had gone to a court somewhere to do amebo. You know you like to poke-nose into other people’s matters? And yesterday was a special, historic day, with four court cases that generations yet unborn will read about”

“You have started again. You are actually the real Mr. Amebo of Nigeria. Every little thing you are ever-ready like Ever Ready Battery to do chor chor chor. Don’t you ever get tired?”

“Ever Ready Battery. Ha. You don’t forget things. Do they still make such batteries? That was when Nigeria was Nigeria and the manufacturing sector produced so much locally, and people had jobs and the country was prosperous. My uncle used to go to London almost every weekend. Money was not a problem. Nigeria itself was ever ready. But now see see…the country is a shadow of its former self. That is why you have so many angry youths all over the place. They have no sense of values. They have no memory of Nigeria’s greatness. They have been brought up on a diet of Satanic negativity.”

“Ï know. I know. I still hear some people talk about Ever Ready though. But do you know when I tried to look for Ever Ready Batteries the other day, it turned out what they now call ever ready was some sort of aphrosidiac, some kind of herbal concoction that is supposed to increase your libido, result in instant enlargement and give you unimaginable joy of celestial proportions. It was actually a woman that recommended it to me.”

“Ha. A woman. Your battery failed, and they recommended Ever Ready. I know. I know. Nigeria has become a house of sin. You are talking about a multi-billion-dollar business, by the way. From Suruka to Surutu, Kolagbo, Osomo, Koboko, Techno, Monkey

Tail. Pasa-Bitters, Erujeje,..”

“Ëx-cu-se me?”

“Wafekulaleyi, Ali Baba, Wasalaye, Baby Oku, Kick and Start, Oga Nla, Jeko mo, Agbara, Dorobucchi, Opa Eyin, Dadubule, Pakurumo, Bajinotu, 301, Stone, Jabra, Japata, Jakomu….”

“Can you stop? I don’t want to talk about aphrodisiacs and the obsession of Nigerians with sin.”

“That is your problem. It is not every thing that is about big grammar. I am giving you an idea of how Nigeria has failed. How a country that used to produce scientists and intellectuals is now producing a generation of celebrities and heroes who are making billions from selling sex or beer and pleasure. We have become a nation of consumers of all sorts of depravity. We are no longer a nation of producers of ideas or executors of grand schemes. Old money in Nigeria was represented by the productive class. New money is dominated by a generation of consumers, exhibitionists and their mad, bad agents.”

“Look, this man, leave me alone. Whoever wants to drink whatever with their mouths should go ahead and do so. Our only point of agreement is that something terrible has happened to this country, and things could get worse, morally, politically and socially if we do not exercise caution and care. We need to remind ourselves of basic normative values and have a conversation around that.  You see all this your beer parlour, street talk, won’t help.”

“Dey there. Dey there dey form. We are all human beings at the end of the day, I beg. You mean you don’t know that it is the entire world that has gone mad? Humanity has crossed the point of no return. That is why some wealthy men are already planning to relocate to outer space. Elon Musk. Jeff Bezos. When the human planet fails, they will enter their space jets and escape. Na you and me and people like us go remain for this Earth. Our only problem is that we will be stuck in this place called Nigeria, in the midst of rapists, kidnappers, bandits, terrorists, corporate thieves, drug barons, yahoo masters, and vote-riggers.”

“Not even Alvin Toffler was this pessimistic in The Future Wave.”

“Toffee what? Who is that?”

“Never mind. Never mind.  You are not likely to know someone like that. You were talking about court cases before you digressed in your usual manner. You need to see a therapist. What about the courts?”

“I told you there were four major court cases yesterday that were of historic and significant interest, and I wanted to know whether you attended any one of them?”

 

“Why should I? I told you I was at home. Which cases are these?”

“You don’t mean it? Don’t go and say this in public please. People will think you have a problem.”

“I don’t get it”

“Okay let me help you out because you are too young to have dementia. Yesterday, in Abuja, Nnamdi Kanu’s case came up again at the court of Justice Binta Nyako. He was not produced in court. The security agents did not allow his supporters to even approach the court premises. At a point the Court was even closed. Lawyers were shut out of court. Imagine! His lawyers were not even notified according to due process. There were security men all over the place, harassing journalists and every one. People were arrested.”

“Hen Hen.”

“I thought you would have been there to observe and analyze the situation”

“To get involved in a matter before the court? How? That would be sub judice”

“That is not the issue here. This is a political trial. The issue is self-determination which is recognized under Article 1 of the UN Charter.”

“I am sorry, I can’t discuss this matter with you. Whatever I say will be misinterpreted by an illiterate, rampaging, insecure mob. We have lost the culture of reason and debate in this country. Every one is in their own ethnic capsule. A country that has destroyed its intellectual class is in real danger. This is what has happened to Nigeria. You were looking at Nigeria from the perspective of human libido, I am sorry, the bigger tragedy is the apparent death of ideas and the failure of capacity to think even among the most educated.”

“Who needs education anymore in this country? Just make money. Take aphrodisiacs. Dominate women and men and recruit idiots with all sorts of fake certificates and titles to worship you. That is the new Nigeria.

What do you think of self-determination?”

“Ï have nothing against self-determination. It is a universal right recognized under Article 1 of the 1949 UN Charter. Many countries have broken up: India in 1947, Pakistan broke up in 1971 to produce Bangladesh, in 1776, the United States emerged out of the UK, in 1965, Singapore rose out of Malaysia, in 1993, the old Czechoslovakia became two countries: Czech Republic and Slovakia. Sudan and South Sudan used to be one country.”

“So what are you saying?”

“Ï am not saying anything. Read my lips. It is in a neutral mode. The way this country is today, you won’t know what you’d say it will be misinterpreted. That is what I was telling you earlier: the bigger tragedy in Nigeria today is the triumph of intolerance and abnormality. There is a supremacy of the lunatic fringe at work, playing all kinds of games: ethnic, political, cultural and opportunistic. When you say something, they twist it. When you don’t say anything, they put words in your mouth and use that to blackmail you. They are so energetic, the only conclusion you can reach is that this is now a country in the grips of mass psychosis. We need help.”

“So, is that why you didn’t go to Abuja?”

“Ï cannot answer that question. Did you go there yourself? Too many of you want other people to act and speak on your behalf in the public space but you are all busy acting like cowards and paid hacks. Many don’t even have the courage to bear their own father’s names. I am all in support of justice, fairness and due process, but nothing beyond that.”

“But what of Cotonou? Did you follow the court trial of Chief Sunday Adeyemo, popularly known as Sunday Igboho?”

“Yes, I did, as an observer”

Q

“You mean you were there, physically?”

“No”

“Why not?”

 

“Ï don’t have to be anywhere physically to know what is going on. Every revolution is on television.”

“But you know, I think it is a shame that Nigeria that used to be described as the giant of Africa is now having such domestic issues that every body is now talking about how Kenya got involved in Nigeria’s affairs, and how Republic of Benin, the same Benin that is generally regarded as the 37th State of Nigeria is now a major factor in Nigerian matters. How are the mighty fallen?”

“Kenya and Benin are sovereign states. They are independent jurisdictions.  I know there are many rich Nigerians who go about boasting that the President of some African countries are their boys and Personal Assistants but it is important to know that at critical moments those same countries will assert themselves as sovereign states.”

“You mean the Republic of Benin next door will disobey the Nigerian government?”

”The last time I checked Kenya and Benin Republic are sovereign states. Nigeria is not in a position to dictate to them. Benin even has a different justice system. Its leaders would rather listen to France, their former colonial masters, certainly not Nigeria.”

“If they misbehave in Benin, common Benin, we can shut down our borders against them.”

“The last time you did, what happened? Did Benin disappear as a country?”

“You are supporting Benin Republic against Nigeria? You are one of the hidden secessionists?”

“I am not going nowhere. I am here. Na inside Nigeria I go live and die. You push me, I push am, na inside Nigeria I go live and die.”

“The more reason you should take a stand.”

“Äre you deaf? This country is becoming very tough. We all have to be very careful”

“The man dies in all who keep silent in the face of tyranny.”

“You try. Too many Nigerians quoting statements they know nothing about.”

“You are professing cowardice. We must take our country back.”

“Why not? Go ahead. Just let me be.”

“With the way you are talking, I am sure you did not even bother to show interest in Baba Ijesha’s case on Monday? The rape case involving the Nollywood actor who was accused of raping an under-aged girl and who is now facing trial?”

“The case is now in court. It is before the judicial system. I don’t support rape or violence of any sort. But why should my going to court be an issue?”

“As a concerned citizen”

“Me?”

“Yes”

“No. Were you there yourself? Marketer of Surutu and Suruka? Is that not the same case where one Babalawo predicted the death of one actress and he, the Babalawo died before the trial began and the actress whose death he predicted was all over the court yesterday?”

“What has that got to do with you?”

“Everything. I am a Christian. I don’t walk near the valley of the shadow of Death. Those Nollywood people, their own matter na aye mo juba.”

“You are just a coward. But how about the fourth case? Yesterday Uduak Akpan, the killer of Iniobong Umoren was arraigned before a State High Court in Uyo, Akwa Ibom State. He pleaded guilty.”

“Am I a spirit? You want me to be in Abuja, Cotonou, Lagos, and Uyo in one day. Look at this way: Inside Buhari’s Nigeria, everything don spoil”

“I hear say him don travel sef. He don go London.”

“Can you see now that you are a bad person? With all the things you have been saying, the man that Nigerians elected as President decided to leave town the same day, and you are asking me to put my head.”

“He went to London for medical check-up and a virtual conference about how these matters can be addressed.”

“Wh-a-at nonsense is that? How can a President go to London for a virtual conference? Don’t we have internet in Nigeria?”

“He is not alone. The President of Malawi also travelled to London with a 10-person delegation for the same virtual conference because the internet in his country is bad…”

“You are not making sense. Okay, me I dey here for Nigeria.”

“Doing what?”

“Keeping safe. Chopping isi ewu. And watching the Olympics”

“Olympics? You think Nigeria can win anything?”

“The Olympics is not about winning. It is about participating and the spirit of being part of it. Team Nigeria does not need to win anything”

“Don’t write them off. It is too early to do so.”

“But the country is not in a winning mode. That is why the other thing I do these days is to watch Big Brother Nigeria Season 6.”

“I thought you used to criticize the programme.”

“Yes. But the kind of girls that are on that programme this time around, e be like say dem get special craze. I need some therapy. Watching them alone calms down my nerves.”

“You see you are also a sinner like the rest of us. You dey watch Abeg and Patricia.”

“I confess, bros. Go see those girls first. Something dey there, no be small.”

Ondo Gov Election: Jegede’s Final Fall: Supreme Court Affirms Akeredolu’s Victory

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Rotimi Akeredolu

By Ayodele Oni

“For the records, Candidate Eyitayo Jegede, SAN, of the PDP has been on a losing spree. From the Election to the Election Trbunal, to the Appeal Court, and now the Apex Court, it has been a basket of loses for him – waste of time, and waste of money”

Legal hurdles over the 2020  Governorship election in Ondo state has finally been laid to rest. The Supreme Court on Wednesday affirmed the election of Mr Rotimi Akeredolu, SAN, as the duly elected governor of the state.

The Supreme Court in a unanimous judgement  dismissed the appeal filed by the candidate of the People’s Democratic Party, (PDP) Mr Eyitayo Jegede, SAN, challenging the victory of the candidate of the All Progressive Congress, (APC).

Reading the lead judgement,  Justice Mary Peter-Odili said the case filed by Jegede lacked merit. Meaning that Jegede simply wasted money and time.

According to her, Jegede, and the PDP should have joined the Yobe State Governor, Mai Mala Buni in their case.

Governor Buni is the Chairman Caretaker Committee of the APC, and has been in the saddle since the dissolution of Adams Oshiomole-led National Executive.

The  Supreme Court’s seven member panel, led by Peter- Odili had earlier adjourned, after listening to submissions from parties till noon and later reconvened to deliver the judgement.

For the records, Jegede has been on a losing spree – from the Tribunal to the Appeal Court, and now, the Supreme Court.

The Court of Appeal led by Justice Theresa Orji-Abadua had last month dismissed the petition filed by the PDP candidate and affirmed Mr Akeredolu as the winner of the poll.

The  Court had, out of seven issues raised for determination, resolved four and half in favour of Jegede and the rest two and a half in favour of Akeredolu.

Dissatisfied with the decision of the Appellate Court, Gov Akeredolu, Mr Jegede, and INEC approached the Supreme Court for the invalidation of both the Election Petition Tribunal and Appeal Court judgements.

FUOYE: Senate Orders Reinstatement Of Two Sacked Principal Officers

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Federal University, Oye Ekiti

By Ayodele Oni

Reprieve has come for the two embattled Principal Officers of the Federal University, Oye Ekiti, (FUOYE) as the Senate ruled that they should be reinstated back to their positions.

The affected staff, Mr  Olatunbosun Odusanya the Registrar, and Mrs Bolatito Akande the Bursar, are to return to their offices within 15 working days.

The Senate Committee on Ethics and Public Petitions, headed by Senator Pius Akinyelure, who read the ruling, explained that allegations levelled against them are not strong enough to sack them.

The University Council Chairman and Vice Chancellor were also mandated by the Committee to honour the Senate as an Institution by ensuring that their promise to ensure that the two Princpal officers who have served  meritoriously for years should not be disgraced out of office by termination for offences that cannot be substantiated.

The two officers will, however, proceed on sabbatical leave to enable peace to reign on the campus.

The Senate Committee which sat for several hours on Tuesday, also, resolved issues involving the DG/CEO of National Institute for Educational Planning and Administration (NIEPA) by Alhaji Haruna Yahaya and two others.

The petitioner wrote against the DG over his alleged abandonment of his duty post, gross misconduct and deliberate attempt to frustrate and humiliate the former Principal Officers of NIEPA.

Ruling on the petition,  Senator Akinyelure, said, “I can see that there is no harmony and love among the DG/CEO and some of his staff and this is why things are not moving forward in the Institute as expected.

“I want to, therefore, rule that the short-changed staff should be reinstated to their former positions which the DG promised would be done.”

Likewise, the cases between Danladi Sunday Oladele and Akeju Babatunde versus Yaba College of Technology whose appointments were terminated, were resolved in favour of the petitioners.

The Committee Chairman commended the Position of Yaba College of Technology Rector to resolve the matters amicably through direct intervention with the Chairman of the Governing Council.

The Committee mandated the petitioner to submit an acknowledgment copy of the Appeal to the Chairman of Council of Yaba College Technology within the next seven working days for further legislative action.

Secondus slams N5b libel suit against Afegbua; Also Asks For Public Apology From Him And Media Houses

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Uche Secondus

The National Chairman of the People’s Democratic Party, PDP, Prince Uche Secondus, has dragged the former Edo state Commissioner for Information, Prince Kassim Afegbua, to a Federal Capital Territory, FCT, High Court, Abuja, claiming the sum of N5b, among others, for libelous publications against him.

In the suit Prince Secondus claims that the allegation by Prince Afegbua, published by several media establishments within and outside the country, which claimed that he misappropriated the sum of 10 billion Naira, belonging to the PDP,  libeled him as nothing of such happened.

In the writ of summons filed by Emeka Etiaba, SAN, against Prince Afegbua, Media Trust Ltd and the Sun Publishing Ltd, Prince Secondus is seeking a declaration of the Court that  Afegbua has failed to prove that the PDP generated the sum of N10b from sale of Nomination Forms and/or other sources since 2017.

* A Declaration that the publications complained against are false and malicious.

*A Declaration that the false and malicious publications made by the Defendants against the Claimant (the subjectmatter of this Suit) is defamatory.

*And an order of this  Court directing the Defendants to publish a written apology in all the News and Social media platforms including but not limited to the Daily Trust Newspaper, Daily Sun Newspaper, This Day Newspaper, The Guardian Newspaper, Punch Newspaper, Pilot, New Telegraph, The Nation, Nigerian Television Authority, African Independent Television, Channels Television, among others, where the defamatory materials were published and in, particular, the 2nd and 3rd Defendants’ Newspapers.

*An Order of Perpetual Injunction restraining the Defendants, their agents and privies from further making the defamatory publications against the Claimant.

*Damages for the sum of ₦5,000,000,000.00 (Five Billion Naira) only, being general damages for the humiliation, castigation, vilification, attack of the Claimant’s integrity and person by the defamatory publications.

Prince Secondus further claims that the publications are false and the said publications which the 1st Defendant knows to be false have brought him to odium and have seriously challenged his right standing in the society as a trustworthy character.

Kassim Afegbua
Kassim Afegbua

Prince Secondus also noted that the libelous publications have been read by prominent members of the Peoples Democratic Party, members of the Public (both Nigerians and non-Nigerians) as they were published in several news and social media such as Facebook, Twitter, Instagram and others operating both in Nigeria and in the whole world.

And that the fact that the publications were read by the general public has been confirmed further by the phone calls that have trailed the said publications which calls were put across to the Claimant by his Pastors, Governors, Senators, Honourable Members of both Federal House of Representatives and State Houses of Assembly, Commissioners and many prominent members of the PeoplesDemocratic Party nationwide have portrayed his personality in bad light

in the estimation of the right thinking or reasonable members of the public whose perception of him are that he is a person of fraudulent character, a person lacking in sincerity and integrity; person with greedy character; an incompetent personality in management of such an exalted office of the National Chairman of the PDP; an evil and untrustworthy person; and a person not worthy of public trust.

Before going to court, Prince Secondus had through his counsel Emeka Etiaba, SAN, written to Prince Afegbua to retract the publication and apologize but he refused.

Afegbua, a member of the PDP, was recently expelled from the party over alleged anti-party activities.

Yoruba Groups Back Olu Of Warri Designate, Condemn Ayiri’s Court Action

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Omo'Oba Tsola Emiko - Olu of Warri

By Akinwale Kasali

A coalition of Yoruba Groups under the aegis of O’odua Nationalist Coalition, ONAC, has expressed its full support for the Olu of Warri designate, Omo’Oba Tsola Emiko.

The Group said that Emiko deserves the full and unconditional support of Yoruba and Itsekiri people all over the world.

In a statement it issued after the group’s fact-finding mission to Warri, Delta State, the coalition of 35 different Pan Yoruba groups condemned attempts to distort the historical ties between Yoruba and Itsekiri through Chief Ayiri Emani’s court action.

The statement duly signed by ONAC Deputy Chairman, Chief Samuel Akindele and General Secretary,  Omowumi Adebo said millions of Yoruba and Itsekiri people all over the world are disappointed with Chief Ayiri’s role in fuelling disunity and conflict in Warri and beyond.

ONAC said the position of Chief Ayiri that someone cannot become the Olu of Warri because the mother is Yoruba is embarrassing and a complete distortion of time honoured records.

“We are shocked by the position of Chief Ayiri. It is a known fact that Itsekiri is one of the sub ethnic groups of Oduduwa. There are some 25 sub-Yoruba ethnic groups. When the proponents of the Edict mentioned Itsekiri and Bini origin, they did not exclude Yoruba” ONAC  said

The group said Chief Ayiri’s action has the potential of distorting history and creating discord between the children of Oduduwa

“The Bini Royal Family is a product of Oduduwa, the Yoruba progenitor. It means that any Royalty in Bini has iota of Yoruba blood. The same way there is hardly any Itsekiri family without a link to Oduduwa. For centuries, we have seen ourselves as belonging to one family. We urge Chief Ayiri not to put his name in the darkest part of history”

ONAC said the visits of its officials to Warri indicate that the new Olu designate is very popular and well accepted among majority of Itsekiri people, young and old, men and women adding that Chief Ayiri stands obviously in the minority.

“The plot by Chief Ayiri will not only create disaffection among Itsekiri, it will set in motion instability which is the least Itsekiri and Yoruba people need at this critical moment that unity of purpose is needed.

“Chief Ayiri does not need to fight the entire Yoruba or Itsekiri Nation. He should be conscious of history and how his role will be recorded. History is kind to peace makers but harsh on the path of those who nurture mischief and conflict. We advice Chief Ayiri to toe the path of honour and allow peace to reign for the prosperity of the Warri Kingdom.

“Yoruba people all over the world will be sending strong delegation  to Warri to monitor court proceedings and also provide all the necessary support for truth and justice to be done in Itsekiri land”, the statement emphasised.

CBN Tightens Belt On Money Changers, Warns Money Banks

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By Fola James

The federal government has stepped up its clampdown on Bureau de Change in the country following the Central Bank of Nigeria, CBN’s decision to stop sale of foreign currencies to the money changers.

The reasons may not be farfetched. The Godwin-Emefiele-led Apex bank believes that some bureau de change have become conduits for criminals to launder hard currencies for their nefarious activities. Some operators have recently been linked to funneling funds to sponsors of terrorism.

Earlier in the year, 26 operators were arrested by security operatives for alleged unlawful foreign exchange transactions.

Speaking after the end of the monthly Monetary Policy Committee, MPC meeting in Abuja, the CBN Governor said commercial banks will now receive forex from the government bank, and will in turn sell to Nigerians who make legitimate demand.

After receiving 5,000 new applications every month for BDC registration, Emefiele said bureau de change business operators have abandoned their objective as middle men for forex transactions. Rather, the operators have turned themselves to conduit for illegal financial flows working with corrupt people to conduct money laundering in Nigeria, the CBN boss said.

The operators, Emefiele said “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.”

He accused them of collaborating with foreign interests to undermine the country’s security, warning that erring operators will henceforth be dealt with.

According to him “Several international organisations, embassies patronise BDC through illegal forex dealer to fund their institutions.

“We will deal ruthlessly with Nigerian banks that deal with illegal BDCs and we will report foreign organisations patronising them.”

He explained that the CBN will now channel weekly allocations of dollar sales to commercial banks to meet legitimate Forex demands.

Earlier in April, CBN said it has secured an interim order of a federal high court in Abuja to freeze 194 bank accounts belonging to individuals and BDCs over different infractions.

The apex bank also secured an order to freeze 60 bank accounts of Bluebeam Capital Limited, another order to freeze 84 accounts in 17 banks and order to freeze 50 accounts domiciled in different banks.

Those hammered by CBN include Nuhu Abubakar, Lat-Ade Logistics, Adenmosun Lateef Jimoh, Lateef Adenmosun, Saki Polo Global Investment Limited, Sam Polo Concept Enterprises, Saki Abdullahi, Saneo Global Resources Limited, Saneo Global Resources LTD, Romvic Ventures NIG LTD, Romvic Ventures Nigeria Limited, Enychristo Enterprises, Ezeh Onyebuchi and Ezeh Onyebuchi Chris.

Others are Christopher .O. Ezeh, Christopher Onyebuchi Ezeh, Ezeh Christopher Onyebuchi, Mandes Mega Koncepts Limited, Okpalaugo Paul Ifeanyi, Okpalagu Ifeanyi Paul, Ifeanyi Paul Okpalaugo, Paul Ifeanyi Okpalaugo, Chinweuba Okoye Sunday, Sunday Chinweuba Okoye, Okoye Chinweuba Sunday.

The affected bank accounts are domiciled in First Bank Plc, Keystone Bank PLC, Polaris Bank Plc, Zenith Bank Plc, Fidelity Bank Plc, Guaranty Trust Bank Plc, Stanbic IBTC Plc, Access Bank Plc, First City Monument Bank Plc, Heritage Bank Plc, United Bank for Africa, Eco Bank Plc and Sterling Bank Plc.

IGP Redeploys 24 Assistant Inspectors General Of Police

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Usman Alkali Baba - Acting IGP

By Ayodele On

The Inspector General of Police, IGP Usman Alkali Baba,  has ordered the posting and redeployment of twenty-four Assistant Inspectors General of Police (AIGs) to Zonal Commands and Formations accros the country.

This was contained in a statement on Tuesday by the Force Public Relations Officer, Frank Mbah.

The statement explained that the new postings were in tandem with the new manpower development policy of the Police Force.

It quoted the IGP of assuring the nation that the posting and redeployment of the Senior Police Officers would further help in driving the new policing vision.

The vision, it added was targeted at improving policing services across the country and effectively responding to security threats.

According to the statement, the posting and the redeployment which are with immediate effect, saw AIG Bala Ciroma moving to Zone-7 Abuja, AIG Usman Belel, AIG John Amadi and AIG Adeleke Adeyinka are posted to FCID Annex Lagos, Maritime and Zone 9 Umuahia respectively.

World Bank: Nigeria Lacks Funds To Provide Basic Infrastructure

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By Fola James

The World Bank has blamed over dependence on crude oil as the bane for Nigeria’s low revenue status. The global financial institution noted that this is the reason why the country’s revenue to gross domestic product, GDP ratio is the lowest in the world, adding that this has hampered the provision of critical infrastructure.

Last week, the Brenton Wood USA based bank said it was worried that over 70 per cent of the revenue is being used to service debt. The breakdown of 2020 budget indicate that the federal government spent N310 trillion out of the N3.48 trillion, representing over 70 per cent on debt servicing for the year.

The situation has led to paucity of funds on the part of the government to fund critical infrastructure such as education, public transport, health etc, analysts say, noting that the government has been forced to incur local and foreign dent in other to bridge the gap. The Buhari administration has pushed the nation’s debt to over N30 trillion since it came to power in 2015.

Speaking during a panel session at a virtual public sector seminar organised by the Lagos Business School, LBS the, World Bank’s country director for Nigeria, Shubham Chaudhuri emphasized the urgent need to diversify the economy.

The minister of Finance, Budget and National Planning, Zainab Ahmed also disclosed at the occasion that the government is very worried that critical infrastructure could not be provided due to lack of funds.

The webinar was themed ‘Nigeria in Challenging Times; Imperatives for a Cohesive National Development Agenda’

Chaudhuri said “Nigeria is a country with tremendous potential. If you look at the synopsis for this panel, it suggests that Nigeria is at a critical juncture – almost at the moment of crisis.

“Despite all of that, Nigeria is still the largest economy in Africa. So, just think about the potential that Nigeria has because of its natural resources, but more than that, because of its dynamism and all of its population. Nigerians are more entrepreneurial by nature.

“No country has become prosperous and realised its potential, eliminated poverty without doing two simple things: investing in its people, and unleashing the power of the private sector in creating jobs by investing and growing business. And then, of course, the basic function of the state is to provide security and law and order.”

He said the federal government needs more revenue to provide basic social services, such as education, primary healthcare, nutrition, among others.

According to him “On this, Nigeria at the moment ranks sixth from the bottom in terms of the human capital index that we produce every year,” he added.

“So, obviously, there is a huge agenda in terms of investing in human capital. Nigeria spends more on premium motor spirit, PMS subsidy than it does on primary healthcare in a year, and we know who the PMS subsidy is benefitting.”

The country director noted that despite the country’s huge potential to attract private capital, the non-oil sector is not growing robustly – and not generating enough revenues to cater for the government’s needs.

He said government’s policies are emasculating the growth of the private sector. According to him “So, we see as priorities investments in human capital. But for that, one needs revenues. And there again, Nigeria, unfortunately, has the distinction of having about the lowest revenue-to-GDP ratio in the world,” Chaudhuri said.

“The standard rule of thumb is that for the government to provide the basic services and law and order, it needs between 15 to 20 percent of GDP as being revenue, and this will be both at the federal and state levels combined.

“In Nigeria, it was eight percent in 2019. In 2020, in the middle of the COVID-19 crisis and with the fall in oil prices, that went down to about between five and six percent.

“So, domestic revenue mobilisation is huge. And then the third is enabling the space for private investment. You have to fix the power problem. Power is like the oxygen of an economy. In Nigeria, the private sector is struggling to breathe,” the World Bank’s chief said.