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Kamala Harris, Joe Biden’s Vice Presidential Pick, Is Nigeria’s In-law! |The Source

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Kamala Harris

By Charles Igbo

Surprise, surprise!

If Joe Biden, the USA Democratic Party Presidential candidate, and his Vice Presidential candidate, Senator Kamara Harris, win the November election, and take charge of the White House, Nigeria can make some noise. The country can claim a little stake at the White House.

No jokes.

Kamara’s niece,  Meena, is married to a Nigerian son, Nik (Nicholas) Ajagu.

Nik is the son of Dr. Chris Ajagu, from Nimo, Anambra state.

He works with Facebook as a Top Executive, while his wife, Meena, is a staff Attorney with Uber.

Both of them live in San Francisco, and have kids.

Senator Harris, whose mother is from India, and father from Jamaica, is the first blackwoman to be nominated as a Vice Presidential candidate of a major party in the USA.

Mr Nick & Mrs Meena Amara
Mr & Mrs Ajagu

She was also the first blackwoman to be the Attorney General of California, and the second black woman to be a Senator.

Now, if she is elected the Vice President of the US, she will be the first Nigerian in-law in the White House.

To the excitement and applause of Democrats and not a few people in America, Biden picked  Senator Harris as his running mate. The popular thinking is that she would be an exciting plus, to Biden’s chances  for a possible victory.

Deputy Governor’s Cousin Dumps Him, Leads PDP, ZLP members to APC |The Source

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Akinwunmi Sowore

By Adesina Soyooye

A cousin of the Deputy Governor of Ondo State, Agboola Ajayi has dumped him.

Barrister Akinwunmi Sowore, in dumping his cousin, who is the Governorship candidate of the Zenith Labour Party, ZLP,  said Governor Rotimi Akeredolu, is a more quality Ese-Odo  candidate.

This came as the Ondo State Government  dismissed the Third force  as tough fraud.

Sowore, a former Chairman of Ese-Odo Local Government did not dump Ajayi alone, on Friday. He led no fewer than 1,200 and decamped to the ruling APC.

The defectors were, formerly, members of the main opposition party,  PDP as well as the ZLP.

The former Council boss was received  to the APC by the State Chairman, Engr Adetimehin, in the presence of the party’s Deputy Governorship candidate, Lucky Ayedatiwa,  Commissioner for Information and Orientation, Donald Ojogo, and other notable leaders of the APC from both Ese-Odo and Ilaje LGAs.

Sowore, from Kiribo Town, Apoi Ward 2 in Ese-Odo said the decision to

harvest the whole of PDP in the ward and other parts of the Local government for the APC was informed by the wonderful performance of Governor  Oluwarotimi Akeredolu, SAN.

“Aside the outstanding performance of our Amiable governor,  Arakunrin Oluwarotimi Odunayo Akeredolu, SAN, it is only morally just for the entire state to allow the governor complete eight years in order to fulfil political configuration of the state.

“Please express this message to the Governor that we, in Ese Odo, are people of character and integrity. Let him not use the attitude of the estranged deputy Governor as a yardstick to judge us.

“In any case, Akeredolu is even more of quality candidate as an indigene of Ese-Odo than the man who is claiming Ese-Odo. Our people should note that we have got a more experienced and qualitative person in Aketi than anyone, if you are confronted that our brother is running after all.

Agboola Ajayi
Agboola Ajayi

Speaking at the event, Adetimehin lauded Sowore for his courage and foresight, saying the array of supporters he had brought on board showed he meant business.

Earlier in his welcome remarks, Ojogo charged the leadership of the APC in Ese Odo to stand form and repeat the fest achieved during the July 20 governorship primary even as he described the much touted third force as tough fraud and an aborted pregnancy.

“If we were united to defeat all forces by delivering over 80 percent for Aketi, now that we are more united than ever before, we will not do less. Ignore whatever anyone says about third force, it is a tough fraud not third force because they are singing about a pregnancy that had been aborted along the journey”, Ojogo said.

How Mailafiya Deceived The Public, And Shocked The DSS |The Source

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Dr Mailiafia Obadiah

By Adesina Soyooye & Uche Mbah

Anybody who listened as the former Deputy Governor of the Central Bank of Nigeria, CBN, Dr Obediah Mailafiya, struggled to pronounce the word, collaboration, on Channels Television, would know that something was wrong. He had lost self confidence with which he spoke on the Radio station which triggered his invitation to the Directorate of State Services. He was no longer sure-footed. He was stuttering.

It was on the Television’s 7.00pm news, just before the Politics Today program. Mailafia had just been released, on bail, from the DSS, Jos office, where he was grilled for about six hours, over a scary interview he granted to a radio station.

He had scared Nigerians in that interview by alleging many things, including, but not limited to:

*A Nigerian Governor in the North being a Boko Haram Commander.

*Arms and ammunition being air-lifted by the sect, during the lockdown, and dropped at different locations, nationwide.

*That the second phase of the Boko Haram insurgency would be the invading of cities and the killing of important Nigerians.

*That the sect would kick off a civil war in Nigeria in 2022.

He said he got his information from repented top Commanders of the Boko Haram, who he had discussed with – not once, not twice. He put his credibility as an Oxford University trained Ph.D holder in the line.

For airing the interview, now classified as hate speech, the Radio station, Nigeria Info 99.3 FM,  was fined a whopping five million Naira.

When Mailafia came out on bail, he had the need to address the many people waiting for him in front of the DSS office,  asking for his release.

Given the weight of his allegations, those waiting for him were not expecting his release that day. Which explain why his wife was, already, soliciting the help of the international community, and some elder statesmen, to intervene on behalf of her husband.

But the face of the DSS has been changing in the past one year plus. It gets more decent than the DSS of old, day by day.  Even he confirmed it. He said he was treated with respect. He said the officers were decent and their discussion with him civil.

So, addressing the people outside, he admitted he was wrong. He said he does realise (now) that he ought to have collaborated (he struggled with its pronouncuation) a couple of things he said in the interview he granted.

Meaning he must have said so to the DSS and apologised.

He condemned the killings going on in all parts of Nigeria, the North, in particular, and his “beloved Southern Kaduna”, especially.

Southern Kaduna has become the very ugly face of Nigeria’s killing field.

Then, the former CBN D.G. began to double-speak. He said he stood by what he told the radio station. The next day, that made news, and overshadowed what he said about not confirming his information.

The question many asked was: How could he have admitted, in one breath, that he did not collaborate his information, that he should have, and in another breath, insist he stood by them.

Confusing? Definitely.

This apparently angered the DSS which may not have wanted to make public their discussion with him.

The Service was compelled to issue a Press Statement, disclosing a bit of what transpired, inside, between them which are:

*He apologised to the DSS, profusely, for what the Service described as his irresponsible interview.

*He could not substantiate any of his allegations.

*And contrary to his boast that he spoke to repented Boko Haram Commanders, he told those grilling him that he spoke to Farmers.

*That his information came from farmers.

The DSS, in the release, signed on its behalf by Spokesperson, Dr Peter Afunanya, said the Service was disappointed that somebody, of his status, came out to start playing to the gallery, instead of speaking the truth. The Service emphasised the Malaifia, at his level, has access to the leadership of Security Agencies, and should have confided in him.

The Service gave a stern warning that such behaviours or unfounded utterances, meant to destabilise the Country, will no longer be condoned,  as his utterances were part of the plan by some people, for which the DSS had  alerted the public earlier on, to destabilise Nigeria.

The statement reads:

“On 27th July, 2020, the Department of State Services (DSS) alerted the nation about desperate efforts by some notable personalities to use their exalted positions; take advantage of developments in the country and cause a total breakdown of law and order. It also revealed that part of the orchestrations was to engage in divisive acts as well as use inciting statements to pit one group against another.

“With latest occurrences in the country, Nigerians may have no reason to doubt the Service’s earlier pronouncement. Dr. Obadiah Mailafiya’s recent outburst aimed at playing to the gallery and creating unnecessary tension is a confirmation of his group’s desperation to breach the peace.

“Mailafiya, as a former Deputy Governor of the Central Bank of Nigeria (CBN) and currently, a Directing Staff at Nigeria’s foremost Policy Research Institute, the National Institute for Policy and Strategic Studies (NIPSS), Kuru, has unhindered access to government platforms. It is expected that he should be conversant with official information management protocols.

“But regrettably, he chose to cross the lines of decorum and conduct expected of a personality of his status. It is disappointing that he never took advantage of these to reach any of the security or related agencies to share the so called information at his disposal. This, he has agreed to be a grievous error on his part. It, however, suggests his mischief and determination to use the fake news he spewed to incite the people under his control.

” It is even more condemnable that Mailafiya, who had profusely apologized during his visit to the Service’s Plateau State Command for his ignoble statement, would, afterwards, announce to the world that he stood by his misguided eruption.

“Similarly, the Service also wishes to warn others, who in the guise of political mobilization and supposed pursuit of group interests, engage in hostile and subversive activities, to desist forthwith from advancing their inimical and parochial causes.

“The Service will not stand idly and watch disgruntled and aggrieved elements take laws into their hands and cause mayhem in the polity.

“In line with its mandate of detecting and preventing threats and crimes against the internal security of Nigeria, the Service hereby reiterates its previous warning that it will henceforth not condone unruly conducts of persons and groups that ought to know better.

“In this regard, it will not hesitate to, within the confines of the law, decisively deal with such persons and/or groups, no matter how highly placed, that may wish to test its resolve. It will, nonetheless, continue to support participatory democracy in the country and therefore urges all players to abide by the rules of the game.

“On the other hand, the Service implores law abiding citizens to go about their normal businesses without fear. It assures them of protection and pledges to strengthen existing  measures designed to achieve this objective.”

Meanwhile, the Northern Governors Forum is not taking, lightly, the allegations made by Mailafia. In a reaction, its Chairman, Plateau State Governor, Simon Lalong, says the NGF, insists on an investigation into Mailafia’s allegations.

The Forum wants him to prove them, especially, the bit about one of them,  who he alleges is a Book Haram Commander.

Malaifia is likely to be invited again, by the DSS, if an investigation is carried out as requested by the NGF.

Meanwhile, ,there is a social media uproar over the  five million Naira fine  imposed on a Radio station, Nigeria Info FM 99.3, by the National Broadcasting Commission, for airing Maiyafia’s interview.

Many described the action as illegal, since the law establishing the Commission did not give it the power to impose fines.  It appears more like appropriating the functions of the National assembly.

The uproar that greeted the action was more of condemnation of the Commission, with the former Vice President , Atiku Abubakar, saying the fine on Nigeria Info radio was a “threat to an evolving democracy like Nigeria’s.” Many view the move as a backdoor attempt to bring back Decree 2, through the back door.

The Minister of Information and Culture had approved the raise of the penalty for hate speech from N500, 000 to N5 million, with notable people like Prof Wole Soyinka, saying it is draconian.

According to the regulatory body, Nigeria Info 99.3FM was fined N5 million for “providing its platform to be used to promote unverifiable and inciting views that can incite crime, public disorder.”

They cited the alleged unprofessional conduct of  the media house in the handling of the programme, “Morning Cross Fire”, aired on Monday between 8.30 am and 9.00 am.

“Dr Mailafia Obadia’s comments on the ‘Southern Kaduna Crisis’ was devoid of facts and by broadcasting same to the public, Nigeria Info 99.3FM is in violation of the following sections of Nigeria Broadcasting Code: 3.1.1 No broadcast shall encourage or incite to crime, lead to public disorder or hate, be repugnant to public feelings or contain offensive reference to any person or organization, alive or dead or generally be disrespectful to human dignity,” the NBC said in a statement.

The National Broadcasting Commission Board has, however, distanced itself from the amendment of the code, insisting it was ‘erroneously’ done by the Minister of Information, Lai Mohammed.

How A Traffic Lie Destroyed Onasanya |The Source

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Fiona Onasanya

Fiona Onasanya is a Nigerian, although she never lived in any part of the country. She was born and raised in the United Kingdom. She would go on to become a lawyer, and a Member of Parliament (MP) in Britain.

Her ultimate ambition was anything but ordinary: To become the first black female Prime Minister of her country of birth

As things stand, that dream has suffered an abortion, triggered by the eclampsia of zero integrity.

The failed delivery started shortly after 10pm on 24 July 2017, when her car was caught on CCTV camera clocking 41mph on the Causeway of Thorney, Cambridgeshire. That area is a 30mph zone.

Upon investigation, she told the Police that she wasn’t the person behind the wheels on the said night. She insisted that it was her brother, Festus Onasanya, who was the driver.

The former Labour MP who rose to the position of Party Whip, it was found, had connived with her brother to name one Aleks Antipow, her sibling’s former lodger, as the driver. Unfortunately, that alibi wasn’t water tight.

Antipow was with his parents in Russia, 1,800 miles away, at the time of this fateful driving.

This string of lies would become the undoing of Onasanya, who was a former commercial property lawyer. At the Old Bailey trial, she was found guilty and jailed for three months for perverting the course of Justice, as lying is deemed.

Neither did her brother escape the long arm of the law as he bagged 10 months behind bars for making himself available for conspiracy.

Promptly, the Labour Party launched a successful recall proceeding, and deposed her as an MP for Peterborough.

You would have thought she had suffered enough for lying- a routine misdeed for many. But in that event, that wasn’t the opinion of the British legal profession umpire!

The Solicitors Tribunal held a disciplinary hearing on Onasanya, for lying to evade consequences of speed limit breach.

Seemingly remorseless, she arrived the hearing with her mother where she held on to her browbeaten line that she was innocent.

In the face of her insistence, the tribunal took the view that she had failed to act with integrity, that she acted dishonestly and failed to maintain the trust the public placed in her.

The Chair of the three- member panel, which sat in Central London, Edward Nally summed up the matter this way: *”As a parliamentarian makes the law, so a solicitor must uphold the law and rule of law and sadly in this case Ms Onasanya has failed in those duties. We must strike off Onasanya from the roll of solicitors”.

With those words, Onasanya who qualified as a lawyer in November 2015, and worked in the lucrative area of commercial property law before becoming an MP in June 2017, will now seek gainful employment in any profession where integrity is not a critical qualification.

Lying is an unpassable wrongdoing.

This is the message spelt out clearly by the Onasanya experience.

On the other hand, the everyday Nigerian might wonder what the big deal is about lying, let alone about the speed with which a car was driven. Some others might even ask in sarcasm, ‘was anyone killed by the speed?’ There goes the mindset that sets integrity alight.

MSD Reminds  you to Act Leaderly and insist that in any event, the standard for leaders, as captured by the solicitors’ panel, is MATCHLESS INTEGRITY!

EVERYTHING RISES AND FALLS ON LEADRSHIP!

Posted with due permission from the author

Bauchi: How Gunmen Killed House Of Assembly Member, And Abducted Wives, Son |The Source

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Hon. Musa Mante

By Akinwale Kasali

A member of the Bauchi State House of Assembly has been assassinated by gunmen.

Hon. Musa Mante was killed on Thursday night.

Until his death, he was representing Baraza Dass constituency.

According to reports, the gunmen invaded his residence in Dass Local Government Area of the state, and abducted two of his wives and a son.

Confirming the incident, Police Public Relations Officer, Bauchi State Police Command, DSP Ahmed  Wakil, said the Command has been informed of the attack, and has started an investigation into the incident.

Wakil said details about the incident would be made available by the Police to the public soon

Ondo: Teacher Rapes Church Founders Daughter; Bags Life Sentence |The Source

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High Court, Akure

By Ayodele Oni, Akure

Justice is on course in Ondo state as both the judiciary and executive are collaborating to put an end to rampant cases of the rape of underaged girls.

A few days after a driver bagged life sentence for raping a teenager in Ondo town, another  High Court, sitting in Akure, has sentenced a paedophile teacher, Omotayo Adanlawo, to life imprisonment, for raping a 10-year old girl.

The victim is a daughter of the accused’s Church founder at Iju, in Akure North Local Government area.

Justice Samuel  Bola, in his judgement, said Adanlawo failed to give convincing evidence and testimony to prove his innocence while he described the victim as a ‘witness of truth’ because of the courage and precision in her testimony.

The prosecution, led by Stella Adegoke, told the Court that the teacher, on 24th August 2018, went to the victim’s house while she was alone, and forcefully had carnal knowledge of her with a warning not to tell anyone else, or she would die.

According to her,  it was when the victim started complaining of stomach pains and could not walk properly afterwards that her mother took her to a hospital for examination where it was revealed that the girl had been raped.

The little girl, therafter, opened up and disclosed that her father’s Church member, Omotayo Adanlawo, had sexual intercourse with her.

The case was reported at Iju-Itaogbolu Divisional Headquarters before being transfered to Ala Area Command. A medical report revealed that there was actual penetration.

Based of the legal advice from the Director of Public Prosecution, Adanlawo was arraigned before Justice Samuel Bola on a one count charge of rape contrary to section 357 and punishable under section 358 of the criminal laws of ondo state.

The prosecution called five witnesses, including the victim and her mother, while the defendant did not call anyone.

Adanlawo in his statement before the police claimed the young girl asked him to lie  on her after demanding for fifty naira and chinchin. But during cross examination, he claimed that he was at home at the time of the incident.

He also claimed to be battling with hernia and, as such, was not medically fit to have sexual intercourse with the girl.

Justice Bola in his judgement said he was satisfied that the prosecution was able to establish rape against adanlawo

He also said the convict gave no medical report to prove his condition as well as any evidence to suggest he was in his house as claimed on the day of the incident.

He, therefore, sentenced Adanlawo to life imprisonment in line with section 358 of the crimanal laws of ondo state.

Why I Chose ZLP As Alternative – Ondo Deputy Governor, Ajayi |The Source

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Agboola Ajayi Joins ZLP

By Ayodele Oni, Akure

“The morale of the electorate and progressives-minded people in Ondo state was dampened by the emergence of Governor Rotimi Akeredolu and Barrister Eyitayo Jegede as flag bearers of All Progressives Congress, (APC) and People’s Democratic Party, (PDP) respectively in October 10 Governorship poll.”

This was the submission of the state deputy governor, Mr Agboola Ajayi on Friday, in Akure, when he formally announced his decision to join the Zenith Labour Party, (ZLP).

Ajayi, who was officially received by the chairman of ZLP in the state, Mr Joseph Akinlaja, pointed out that this was what inspired him to seek a credible platform that the people believed and trusted in realising his aspiration to the office of Governor of Ondo State.

According to him, his joining the Zenith Labour Party was to put practical effect to the expectations of the people, who obviously are not enamored by the options offered by the two major parties.

Ajayi, said the party primaries of the two major parties, and the success of subterfuge over and above democratic norms, made him throw his hat into the ring of a more credible Zenith Labour Party platform.

“It is obvious that the affirmation of Governor Oluwarotimi Akeredolu SAN as the candidate of the APC coupled with the seeming failure of the PDP to produce a dependable and formidable alternative has dampened the democratic enthusiasm and morale of the people.

“To stir hope and rechannel the energy of the progressive electorate, I am teaming up with members of the ZLP, a chunk of most of the other members, and my teeming allies from both the PDP and APC.”

The Deputy Governor resigned from the APC on which ticket he became the number two citizen, and joined the PDP where he contested the Governorship primary, and lost to Eyitayo Jegede before moving to the ZLP.

Speaking further, Ajayi said he was humbled by calls, advice and demands from critical stakeholders, supporters and most importantly, the generality of the people to consider himself as the arrow head of a new dependable, credible and vibrant alternative alliance for a desirable leadership for the state.

Describing the ZLP as a dependable platform to rescue Ondo State from a lacklustre, nepotistic and  clannish leadership, he stated that

“today, I formally join the Zenith Labour Party (ZLP), to achieve the noble cause of giving Ondo State a new direction and purposeful leadership. I call on all my teeming supporters, friends, followers and the admirers of good governance to show commitment and dedication by mobilizing and campaigning for the Zenith Labour Party in their various wards across the state.

“The collective wishes and yearnings of the good people of Ondo State remain the impetus for the bid to wrestle the governance of the state from political demagogue.”

Immediate past Governor of the state, Dr Olusegun Mimiko, who along with others, left the PDP to form the Labour Party, (LP) and later became governor, following the nullification of election result of the candidate of PDP, late Dr Segun Agagu by the Court of Appeal, rode on the same platform to stardom.

But since he formed the ZLP, Mimiko has not been able to win any election. He failed to win a Senate seat under the party.

Opinion is that Ajayi will suffer the same fate. Nobody sees him as a threat to either the incumbent Governor. Akeredolu or the PDP candidate, Jegede.

In the past week, Ajayi has acquired the unenviable reputation of a rolling stone that gathers no moss.

But Ajayi is confident that he gathers moss as he rolls, and would spring  a surprise in October.

 

Only time will tell.

CBN: Fitch Slams Apex Bank For Imposing CRR on Banks

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Godwin-Emefiele-CBN-Governor

By Tosin Olatokunbo

Fitch Ratings, a renowned global rating agency has frowned at CBN Cash Reserve policy which it said has affected the survival of Nigerian banks and limited their capacity to make profit.

The Cash Reserve Ratio, CRR is one of CBN’s instruments used to control inflation and currency in circulation.

The apex bank also used the instrument to restrict DMBs’ forex transactions.

But the agency said it was wrong for the CBN to warehouse huge funds belonging to commercial bank in the country when other countries are injecting funds to private banks to help them navigate the impacts of the COVID 19.

Dissanayake said CRR and other similar CBN policies have reduced cash inflows into critical sectors of the economy by 50 per cent.

“The Central Bank of Nigeria has been highly interventionist. Where peers like South Africa and Kenya followed the global trend of giving banks more room to lend, Nigeria hasn’t budged. Instead, it stuck with a cash reserve ratio that compels lenders to park 27.5% of their deposits with the central bank,’ said Fitch Senior Director for Europe, Middle East and Africa, Mahin Dissanayake.

Many banks in the country have complained that the CRR, meant by CBN to control excess cash in circulation has affected their capacity to grant loans to both private and public sectors.

At least, over N2 trn has been withdrawn directly by the apex bank from commercial banks account in compliance with the CRR, according to figures from the Regulator.

Dissanayake stated that the CRR is too punitive and has put more pressure on commercial banks in the way it has so far been implemented.

Sterling Bank Plc, one of Nigeria’s tier two banks said on Monday that over N300 billion customers deposit with the CBN has drastically affected it from granting loans to customers.

He said the environment in which the banks are operating is harsh enough for the CBN to impose other strangulating measures that could weaken them further.

He explained that the impacts of the COVID 19 is already telling on DMBs earnings and have affected their operations in the oil and gas sector where most of them already have too much exposure.

According to him “Nigerian banks compared to other markets operate in a volatile environment. The banks have to deal with economic shocks, short credit cycles and persistent problems in the oil sector. They also have to deal with policy actions, policy uncertainty and regulatory risks.”

The Fitch top executive was however hopeful that the current situation will pass as Nigerian banks have shown capacity to overcome hostile economic situations.

The CBN raised the CRR to 27.5 per cent from 22.5 per cent in January during its 2020 first Monetary Policy Committee, MPC meeting. Banks have been struggling to meet up with the policy.

CBN Fails To Account for $11 bn As Minister Warns of Recession

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Zainab Shamsuna Ahmed,minister of finance

By Fola James

Zainab Ahmed, Nigeria’s Minister of Finance, Budget and National Planning has warned of imminent economy recession due to uncertainty in global economy, gradually leading to movement of foreign investments from the country.

This has made the increase of Customs duty, Stamp Duty, Value Added Tax, and Company Income Tax absolutely necessary, to generate more “revenues especially remittances from Government Owned Enterprises, possibly up to N1 trillion p.a.,” the minister said.

Expanding the tax net, Zainab said is the only way out of the current economic crisis, and as part of effort “To enhance Independent Revenue generation and collection, Government will aim to optimize the potentials operational and collection efficiency of GOEs with a view to generating significantly higher revenues required to fund the FGN budget.

The minister also stated that “Current revenue performance of GOEs will be addressed through the effective implementation of the enhanced Performance Management Framework. The key elements of the reform initiative include Performance Contracts for Chief Executive Officers (CEOs) and key management staff, which will set financial indicators and targets for each GOE

“The cost-to-revenue ratio of GOEs has by a Presidential directive been limited to a maximum of 60%-70% while regular monitoring and reporting of revenue and expenditure performance of GOEs will be undertaken by both the get Office of the Federation and the Office of the Accountant General of the Federation.

“We shall also work closely with the National Assembly to amend relevant laws that need to be amended to help with the SRGL.

“We have revised the 2020 FGN budget and will accelerate implementation to maintain budget credibility, enhance GDP growth and promote social inclusion. The draft 2021 — 2023 MTEF/FSP has been prepared against the backdrop of a global recession and heightened global economic uncertainty.

“The draft 2021-2023 Medium Term Fiscal Framework shows that there are continuing global challenges due to the COVlD-19 pandemic. The medium-term outlook for Nigeria suggests that fiscal risks are somewhat elevated, largely due to Covid-19 related disruptions which have exacerbated structural weaknesses in the economy.

“In furtherance of our objective of greater comprehensiveness and transparency in the budget process, the FGN 2021 Budget will reflect the revenues & expenditures of all [about 60) significant GOEs (excl. NNPC), not just 10 as in the 2020 budget.

“Weaker-than-expected economic performance threatens our ambitious revenue growth targets, as seen in the 2020 revised budget and the updated medium-term projections. Achieving fiscal sustainability and macro-fiscal objectives of government will require bold, decisive and urgent action. Government is determined to act as may be required.”

Meanwhile, the House of Reps, on Wednesday said the Central Bank of Nigeria failed to account for the $11bn withdrawn from the Excess Crude Account for the implementation of the failed National Integrated Power Projects.

The lawmakers said the CBN Governor, Godwin Emefiele has failed to give full details on the withdrawal, from the ECA between 2005 and 2007 to finance the NIPPs.

Gov Akeredolu Flays Mimiko Over Array of Abandoned Projects; Calls Mimiko A Failure |The Source

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By Ayodele Oni, Akure

For the second time within a week, Ondo state governor, Mr Rotimi Akeredolu, SAN, has described his predecessor, Dr. Olusegun Mimiko, as a failure, going by the number of abandoned projects his administration inherited.

This is contrary to the stand of the Akeredolu’s government not to look into the deeds of the Mimiko government due to the over three decades of relationship between them.

Now, the gloves are off.

At the commissioning of projects on Thursday at the Olusegun Agagu University of Science and Technology, (AOUTECH), Okitipupa, Governor Akeredolu lamented the array of abandoned projects by the immediate past Olusegun Mimiko administration.

He said some of the abandoned projects were initiated by the late Olusegun Agagu’s government, but were left to rot for the eight years of Mimiko administration.

According to him, the manner of abandoning projects due to political differences is a disgrace to governance and, disservice to the people.

The Governor said his administration believes in the axiom that government is a continuum, and this has made him to complete projects inherited from the same administration who neglected Agagu’s projects for eight years.

Projects commissioned include the library, auditorium and the administrative building, all of which were initiated by the late Governor Olusegun Agagu.

Akeredolu saluted the vision of the former Governor Agagu for his sincerity of purpose and commitment, which he said  made the establishment of the University a reality.

The Governor noted that at the inception of his administration, he was alarmed with the deplorable condition of things in the University in terms of infrastructure, workers’ welfare and other essential facilities needed for conducive learning environment.

According to him, the unfortunate and deplorable situation in the university strengthened his administration’s resolve to change the narrative, by immediately commencing a gradual, radical and systematic implementation of the state government’s strategic plan as it relates to the university.

The Governor disclosed that, aside the commencement and completion of a new electrification project, his administration was able to facilitate the donation of science equipment worth millions of Naira from Seeding Lab., USA, in order to encourage meaningful learning and research in the institution.

“It is gratifying to note that all programmes due for National Universities Commission’s accreditation have been accredited. This has been accomplished as a result of the commitment of our administration to the development of the University.

“In line with the desire of our administration to transforming OAUSTECH to a world class University, it has been enlisted as a beneficiary of TETFund for the first time since inception.

“The University is at present having some interventions in this regard, which will raise the status of the institution.  OAUSTECH has also been selected to be a major beneficiary of the normal TETFund intervention for year 2020.”

In his address, the Vice -Chancellor of the University, Prof. Sunday Roberts Ogunduyile decribed Governor Akeredolu as the architect of the modern day OAUTECH and a pace setter per excellence.

The Pioneer Vice Chancellor of the university now chairman governing council, Prof. Akin Adesomoju said he resigned voluntarily his appointment in December, 2009, when former Governor Olusegun Mimiko’s administration stopped funding the institution.

The University don, who narrated how the institution was established said between 2009 and 2017, the University unexpectedly passed through numerous challenges which threatened its existence particularly in the area of funding.

He said he is extremely delighted that the narrative of the university has changed from being a “sinking citadel” to an “emerging citadel” that can be proud of, adding that this was made possible by the outstanding leadership of Governor Akeredolu.

“Within the first 100 days in office, Akeredolu’s government laid asphalt on the main dual carriage road in the university that had been abandoned for over eight years.

“The present governent in December, 2008 approved the release of special capital grant of N500 million less 12 percent mandatory tax  to the university.

“The grant was prudently utilised to complete the university auditorium, main administrative building and the  library which the original contractor had insisted would cost about N800 million to complete”