TheGuardian Conscience, Nurtured by Truth
Monday, March 10, 2014
Vol. 30, No. 12,856
www.ngrguardiannews.com
AU raises fresh concern over Boko Haram terror From Saxone Akhaine (Kaduna), Niyi Bello (Akure), Tunde Oyedoyin (London), Azimazi Momoh Jimoh, Emeka Anuforo (Abuja), Njadvara Musa (Maiduguri) and John Ogiji (Minna)
• Nigerians in London protest killings • Arewa youths indict Jonathan, northern leaders over insurgency • Borno communities flee homestead
TRONG indications emerged at the weekend that the lingering insurgency in the northern part of the country may have begun to attract greater glob-
al attention as the African Union (AU) Commission yesterday raised fresh concerns over the Boko Haram threat, which in its words, has continued with “senseless killing” in Nigeria.
S
Meanwhile, the People’s Democratic Party (PDP) Governors Forum at the weekend in Minna rose from its 3rd meeting condemning the ongoing killings in the North, urg-
ing security chiefs in the country to immediately work out new strategies to check the massacre. In the same vein, the Catholic Bishop of Ondo Diocese, Most Revd. Jude Arogundade, has urged the Federal Government to intensify efforts towards tackling insurgency. The cleric, who spoke at a press conference to herald CONTINUED ON PAGE 4
Risman Siregar (left), his wife, Erlina Panjaitan (middle), parents of Firman Chandra Siregar, a 24 year-old passenger of Malaysia Airlines Flight 370 that went missing on March 8, being consoled in Medan …yesterday. PHOTO: AFP
Jonathan’s cabinet overhaul not over By Martins Oloja OR his loyalty to the Presidency, the ruling party and indeed for his diligence, prudence, consistency and discipline, Peter Obi, the out-going governor of Anambra State, may replace a very important official in the presidential bureaucracy or even the cabinet that is undergoing some unexpected surgery, it was learnt at the weekend. The Guardian inquiries in Abuja, the nation’s seat of
F
• Peter Obi goes to Abuja, to join Presidency after March 16 power, revealed that Governor Peter Obi who organised a very modest farewell party at the weekend in Awka, the Anambra State capital, may not be returning to banking where his discipline and prudence began, specifically at Fidelity Bank where he was reportedly the youngest chairman before his foray into politics. It was learnt that President Goodluck Jonathan, who ap-
pears to be getting his grooves in recent weeks with slow and steady reform of presidential bureaucracy, could not wait for Obi to complete his tenure in a week’s time before grabbing him. There were strong indications that the President is considering him for a strategic role in the economic management portfolio and the presidential bureaucra-
cy. The story of Obi’s joining the Presidency immediately he hands over to Willie Obiano broke in the nation’s capital even as there were unconfirmed reports that a very senior female minister has secretly resigned her appointment. The report that a very influential female minister who equally co-ordinates the CONTINUED ON PAGE 2
Minister threatens marketers over fuel diversion– Page 2 Gambia to drop English for local language– Page 10
N150
2
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
Minister threatens marketers over fuel diversion By Roseline Okere
T
HE lingering fuel crisis in the country may soon end as the Minister of Petroleum
Resources, Mrs. Diezani Alison-Madueke, has embarked on move to tackle the situation. The minister accused petroleum marketers of diverting premium motor spirit (PMS), otherwise called petrol, to other unofficial destinations to create artificial scarcity. Besides releasing PMS from the reserve of the Nigerian National Petroleum Corporation (NNPC) to depots across the country, the minister was in Lagos yesterday to inspect filling stations to ensure that they were not hoarding the product. Alison-Madueke, who visited
Rules out hike in price more than 15 filling stations in Surulere, Ikoyi, Ajah and Iponri areas of Lagos, has also given the Pipelines and Products Marketing Company (PPMC) between yesterday and today to supply enough products in order to end the scarcity still being experienced in some parts of Lagos as of yesterday. Some major fuel marketers yesterday said they had taken the delivery of about 74 million litres of PMS at their depots in Lagos. Despite this move by the minister, the NNPC and the PPMC, the fuel scarcity was yet to abate in Lagos State as of yesterday. Visits to some major filling stations on Saturday and yesterday by The Guardian showed that some filling stations were running out of stock a few hours after taking
delivery of fuel from depots. For instance, Conoil along Lawanson Road, Surulere, only started selling in the evening on Saturday. Others like Mobil, Oando, Total and Forte Oil Filling Stations sold only for a few hours yesterday before closing for business. The Guardian noticed that some filling stations were still hoarding the product while others had not been able to get enough supply from the various depots across the country. Speaking at the end of the tour of filling stations in Lagos yesterday, the minister said the government had no plan to increase pump price of petrol. Noting that the country has enough fuel, she wondered why the scarcity is persisting in Lagos. “We have enough fuel to wet the country, but the chal-
lenge we are having is that after loading, some truck drivers will not supply the lifted products to the designated filling stations. “Having gone round the state (Lagos), it is not just the filling stations at Ikoyi that appeared to be wet with product, but other extreme locations like Ajah and other parts in Surulere. “It appears there are lots of factors militating against efficient delivery of fuel. We learnt that some of the marketers instructed their drivers to change the number plates of their trucks to make it difficult for tracking. Does it mean those markets they are diverting the product to are more lucrative than the intended market? “I have directed the heads of the agencies, DPR, PPMC and PPPRA to get back to me today and give me a clear picture and timeline in terms of numbers of trucks coming
into Lagos, the volumes and where they are getting to in terms of the market. “There is diversion and I want some ideas about the diversion. If we can establish there is, I want to know when and how this is being done. They need to inform me how these trucks are being tracked because diversion is not easy to do. They will be sanctioned and I’m ready to publish names of anybody that may be involved,” the minister said. Alison-Madueke assured Nigerians that there are enough products in strategic reserves that will last for over two weeks if importation of fuel is suspended today. Speaking with journalists at the weekend, Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), Obafemi Olowore, said the major marketers have started taking delivery CONTINUED ON PAGE 4
Obi joins Presidency after March 16 CONTINUED FROM PAGE 1 economic wing of the cabinet had resigned, was however denied by the minister’s media aide who said it was a wicked lie by the social media to cause disaffection. Curiously, the Presidency has kept quiet about the development. All the President’s and the minister’s men who were asked the same question about the resignation last night kept sealed lips, although the development appears well known to a lot of people. The Guardian inquiries revealed that there was some credibility in the report as even Presidency sources hinted at the weekend that President Jonathan has kept the letter, suggesting that he “has not accepted the resignation”. The resignation story broke in the wake of the suspension of the Central Bank Governor and the controversial missing $20 billion oil money. It was learnt last night that as Obi bids farewell to Awka, the letter may be accepted
to pave the way for the most prudent governor to be part of the economic management team of the Presidency. The Guardian learnt that Obi is not being considered only for the economic management portfolio: he is also being tipped as a possible replacement for another top position in the presidential bureaucracy. At the top of the presidential bureaucracy is the Secretary to the Government of the Federation (SGF), the Chief of Staff who manages the time and space of the President and the Head of Civil Service of the Federation. Late last month, the President removed the then Chief of Staff, Chief Mike Oghiadomhe and replaced him with Brig.-Gen. Jones Oladeinde Arogbofa (rtd). The tenure of the current Head of Civil Service of the Federation will expire in August. It was earlier envisaged to be January this year but ‘some civil service arithmetic’ has put it at August 2014 instead of January that once featured in his official
record. There were also hints in Abuja political circles that the Office of the Secretary to the Government of the Federation (SGF) may be shaken up after the centenary celebration that ended last week. The arrival of Peter Obi coincides with the time some Presidency sources were hinting in hushed tones that ‘the SGF’s office might not be spared’ by the gale that has been sweeping away some of those considered to be untouchable in the presidential bureaucracy. It was said that the President would and could not remove or suspend both the Chief of Staff and the CBN Governor but he did, suspending the Central Bank Governor amid controversy that he does not have the powers to remove or suspend the CBN governor without recourse to the Senate. But in response to a question on the issue during the last presidential media chat, the President insisted he could suspend the CBN governor pending investigations. Governor Peter Obi, elected on the platform of All Progressives Grand Alliance (APGA), a minority party with only two governors out of 36, has been apparently supportive of the ruling People’s Democratic Party (PDP) just as the Labour Party with only Ondo State. The out-going governor and his Ondo State counterpart, Dr. Olusegun Mimiko, were recently spotted at the National Assembly in company of the new Chairman of PDP, Adamu Mu’azu, when he (Adamu) went for consultation with the PDP caucus in the restive House of Representatives who were then embroiled in defection saga in the House. While presenting his report card on Saturday in Awka, Governor Obi said he was leaving in the Anambra State’s kitty a whopping N75 billion for his successor and he had also consolidated a $25 billion worth of investment. He is generally believed to be the most
prudent governor in this democratic dispensation. There were two critical comments from the two sides last night about the man who may change Jonathan’s attitude to spending inside the State House. One said to The Guardian in confidence: “Why didn’t he plan to spend the money he has saved now on critical infrastructure in the state?” The other one, who is very familiar with how Abuja works, noted quietly when The Guardian hinted about the coming of Obi into Abuja: “Governor Obi may not fit into the lifestyle of the Abuja people. Abuja people, especially in the presidential bureaucracy and cabinet, spend money and look for more to spend all the time…prudence is not part of the governance process in the current ‘regime’ in Abuja where even the Office of the First Lady is itself a large bureaucracy that needs a lot of money…I mean Obi will find it tough to be prudent. “I even doubt that anyone would like to put the man with arthritis on his fingers in the bureaucracy of finance in an election year…” Meanwhile, another source from the Anambra-Enugu axis told The Guardian last night… “It is not true that Governor Obi does not spend money: he does on good causes and relevant projects. But he does not settle idle people and godfathers who have nothing to offer the state.” Peter Obi, born on July 19, 1961, was governor of Anambra State in Nigeria from March 17, 2006 to November 2, 2006 when he was impeached and from February 9, 2007 to May 29, 2007 after his impeachment was overturned. Although a fresh election was held on April 29, 2007, he was re-elected governor on June 14, 2007 after a court ruling that he should be allowed to complete a fouryear term. He won a February 6, 2010 election for a second term which he will complete on Sunday, March 16, 2014.
Monday, March 10, 2014 | 3
THE GUARDIAN www.ngrguardiannews.com
News Muslims greet Christians at Lent
Judges to join three-day warning strike
By Kabir Alabi Garba N the spirit of brotherliness, the Nigerian Supreme Council for Islamic Affairs (NSCIA), under the leadership of the Sultan of Sokoto and President-General of the Council, Alhaji Muhammad Sa’ad Abubakar 111, has congratulated Christians on the commencement of the Lenten season. In a goodwill message signed by the Secretary General of NSCIA, Prof. Is-haq Oloyede, the Council, on behalf of the entire Muslim community in Nigeria, “felicitates with our Christian brothers and sisters on the commencement of the Lenten period.” In the letter addressed to President, Christian Association of Nigeria, Pastor Ayo Oritsejafor, NSCIA said: “Though fasting is a basic religious duty in our twin faiths, its period like this offers us another ample opportunity to supplicate to God and seek His Divine blessings afresh for ourselves and the country.”
By Bertram Nwannekanma HE Sharia, Area and Customary Courts Judges Association of Nigeria (SACCJAN) is to join the nationwide warning strike by judiciary workers commencing from Wednesday, March 12. According to the News Agency of Nigeria (NAN), President of the union, Alhaji Zakariya Adamu, disclosed this yesterday in Dutse, Jigawa State capital, at the opening of the union’s delegates’ conference. He noted that the three-day warning strike declared by the Judiciary Staff Union of Nigeria (JUSUN) is to protest the refusal of the Federal and state governments to respect a court judgment, which guaranteed the autonomy of the judiciary. He directed state offices of the union to join the strike, saying “the fight is for all judiciary workers and we must support JUSUN to have victory in this our cause’’. Adamu said the strike is in the overall interest of the judiciary, democracy and the country. “A Federal High Court in Abuja had passed a judgment in favour of JUSUN for the independence of the judiciary but both states’ and the Federal Government are yet to implement it or appeal the judgment.” He, therefore, called on members of his union across the country “to close their courts from Wednesday Friday, March 12 to 14, 2014”. Meanwhile, the Lagos branch of JUSUN has resolved to join its national body in the threeday warning strike. The nationwide strike is meant to compel the Federal Government and all state governments to obey the order of the Federal High Court on financial autonomy and independence of judiciary. In a statement issued by the Lagos State JUSUN, the union states: “The executives in session hereby directs all staff to comply with the three-days warning strike. The executives also wish to intimate all staff that if the judgment debtors (federal and state governments) refuse to obey/implement/ comply with the judgment/order of the court, the union will commence an indefinite strike on a date that will be communicated to all members by the National Executive Committee.”
I
Osun PDP to pick guber candidate April 5 From Tunji Omofoye, Osogbo N readiness for the forthcoming governorship election, Osun State chapter of the Peoples Democratic Party (PDP) has fixed April 5 for the conduct of its governorship primary election. Three prominent members of the party have indicated their intention to contest the topmost elective office in the state on the platform of the party and they had obtained the mandatory N5 million intention form. The aspirants included former deputy governor and erstwhile Chairman, Senate Committee on Finance and Appropriation, Iyiola Omisore; former Minister of Youth Development, Senator Olasunkanmi Akinlabi and former Chairman, House of Representatives Committee on Defence, Mr. Wole Oke.
T
Chairman, 50th Anniversary Committee, Archbishop Vining Memorial Church Cathedral, Prof. Wale Omole (left); Bishop, Diocese of Lagos-West, Anglican Communion, Rt. Rev. James Olusola Odedeji; Primate Nicholas Okoh; Bishop Awori Diocese, Akin Atere and Chief Olusegun Oshunkeye, during the thanksgiving service of the Archbishop Vining Memorial Church Cathedral, Ikeja, Lagos…yesterday PHOTO: OSENI YUSUF
Experts urge Nigeria’s focus on forensic science to resolve disaster issues From Oghogho Obayuwana, Foreign Affairs Editor
I
XPERTS have advised E Nigeria to rely more on the exactitude of forensic science
Court hears DPC’s registration suit today
in dealing with some of the crimes in the country and resolving identification issues arising from occurrences such as bomb blasts and plane crashes. Forensic experts - Luis Fondebrider and Ivana Wolff from the renowned Argentine Forensic Anthropology Team (Foundation) who spoke with The Guardian in Abuja at the weekend, also advocated “localisation of international methodologies” for enduring solutions to be found on the so-called mysteries surrounding the circumstances of death. The duo were in Abuja for the African Society of Forensic Medicine (ASFM) conference. Mindful of the high number of people who have fallen victims of disasters and violence in Nigeria lately, the experts dwelt on management of
From Ezeocha Nzeh, Abuja N Abuja Federal High Court, presided over by Justice Gabriel Kolawole, will today commence hearing in the suit instituted by a political association, Democratic Peoples Congress (DPC), against the Independent National Electoral Commission (INEC) over the Commission’s alleged refusal to register it as a political party after fulfilling requirements for registration. The DPC, in the suit filed by its counsel, Ezekiel Vem Ofou, on December 18, 2013, challenged the decisions of INEC to deny it of registration after it had paid the mandatory N1 million registration fee, as well as meeting other requirements as demanded by the Election Management Body.
A
bodies of victims of disasters where today, about 500 police officers are being trained to collaborate with pathologists in some of Nigeria’s teaching hospitals to imbibe international best practices in the handling of deaths, including cases of feared political assassination. The forensic experts have worked in 16 African countries, including the Democratic Republic of Congo, Ethiopia, South Africa, Sudan, Namibia, Kenya, Côte d’Ivoire, Sierra Leone and Libya. The argentine forensic anthropology team is credited with the identification of the body of the legendary revolutionary Marxist, military theorist and statesman Che Guevara, many years after his demise. According to Fondebrider, Nigeria is in focus now after 20 years of visiting African countries (including Nigeria) and also because it shares certain traits with countries such as Ghana, Kenya and Zimbabwe where disaster
and all forms of violence are being recorded. “In these cases, doctors are working without support. I think it is important for African doctors to have African programmes for themselves,” he added. Flanked by the Argentine Ambassador to Nigeria, Gustavo Dzugala, Wolff, an anthropologist, said: “What we have been trying to do in Nigeria is to shed more light on and show, through collaboration, how to achieve greater success with findings on death, no matter the time such had occurred. It is beyond the cause of death and identification but also the dignity and handling of the deceased persons. It is very important in this regard for the different departments of state to work together and achieve an organic response and management. “When you have plane crashes, for instance, or a bomb attack, you need the police, doctors and security personnel and different agencies, as well as forensic specialists to
work together, not in isolation, not in spite of the other. But note this: there are protocols for doing this and they cannot be ignored if success is to be achieved.” Asked, for instance, whether the forensic team could (re)solve the mystery surrounding the death of one of Nigeria’s loved politician and friend of the people, Chief Moshood Abiola, Fondebrider said “yes, we can establish cause of death, we are however not magicians. We are scientists. We talk more about success than failure and we know about how someone is killed and justice served.” Speaking on the things the team would rather see changed in Nigeria in the management of deaths, he said: “The lack of coordination doesn’t help. Resources have to be put together to improve synergy and to ensure that in administering service, international standards are kept. That’s why we are now proposing exchange of visits.
Reps probe N470b projects in FCT From Terhemba Daka, Abuja HE House of Representatives Committee on Federal Capital Territory (FCT) has begun an investigation into circumstances that led to the abandonment of road and other capital projects worth over N470 billion in the FCT. The road, water, health and transportation projects for which, the committee said, money was budgeted from 2010 to 2013 are yet to be completed, work has not even started in some of them. The probe is coming as angry residents of Guram community, a suburb of
T
Residents protest non-payment of compensation Bwari Area Council in the FCT adjoining Tafa Local Council of Niger State, on Saturday protested the alleged nonpayment of their compensation, forcing workers of the Chinese Civil Engineering Construction Company (CCECC) handling the Abuja, Kaduna railway contract to abandon work on the project. At 6:30 am, it was learnt, about 50 of the residents gathered at the construction site where the CCECC personnel were going about their work to protest what they
described as “insensitivity” of the authorities of the construction company in handling the issue of their compensation. An eye witness said the residents blocked all the entry and exit points to different sites of the company in the locality with rocks, forcing workers, comprising Nigerians and some Chinese, to temporary stop work on the site. The Guardian learnt yesterday that the aggrieved residents are specifically those whose property were dam-
aged by a twin rock blast carried out by the company in February while constructing the railway. It took the intervention of men of the Nigerian Army who arrived at the scene in a Toyota Hilux to prevent the demonstration from degenerating. The heavily armed soldiers, it was gathered, ordered that all the roads earlier blocked by the protesters be opened. Chairman, House Committee on FCT, Emmanuel Ji me (APCBenue), who made this known at the weekend, decried the poor releases from the Budget Office for
projects in Abuja, a development he said, has resulted in crumbling infrastructure and slow pace of development. “ The committee has observed that the ONEX and OSEX road projects are still on-going. However, we are made to understand that these critical roads should have been completed in 2013. We believe FCTA should channel adequate resources towards completion of those roads. “It’s unfortunate that we are learning that over N470 billion is still required, after several budget years to complete some of these projects.
4 NEWS Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Govt alleges fuel diversion by marketers CONTINUED FROM PAGE 2 of the product. According to him, United Enterprise has discharged about 22 million litres of fuel, Ocean Centurion, 22 million litres and Alizea has delivered 30 million litres. “That gives you a total of 74 million litres of fuel. It is unfortunate that we find ourselves in this situation, but everything will ease out this week because we now have products. “Some of our members would receive their products this weekend while others would receive theirs as from next week. So, there is no need for panic-buying, no need to hoard fuel and my contact in government has assured us that there is no plan to increase the price,” he said. The PPMC Executive Director (Commercial), Gbenga Komolafe, said at the weekend that the agency would inject additional 110 million litres of petrol into Lagos next week. He assured that with the level of petroleum distribution across the country, normalcy would return to filling sta-
tions by today. “We have put in place measures to ensure free-flow of petrol at filling stations in Lagos. NNPC is expected to supply 50 per cent of the petrol
distribution chain, while other marketers will supply 50 per cent.” Komolafe said he had been directed by the minister to move to Lagos to clear the
queues in filling stations within 48 hours. “We have engaged stakeholders, including the NNPC, MOMAN and IPMAN, to find lasting solution to the fuel
crisis,” he said, adding that necessary measures had been taken to return normalcy in the fuel supply chain in the country.
the commencement of the Lenten campaign during which the Catholic Church executes some cardinal points of its social teachings by providing and encouraging supports to vulnerable persons, said “presently, nobody knows the motive behind the attacks of these insurgents on the Nigerian nation.” Arogundade, who described the entire security situation as “confusing”, said it was time that government deploys all available resources to get to know the reason for the insurgency. In a related development, some Nigerians and foreigners on Friday protested the killings of school children in Yobe State by the Boko Haram sect at the Nigerian High Commission office in London. In the same vein, the Arewa Youth Forum, (AYF) at the weekend blamed President Goodluck Jonathan’s administration and the northern governors for the persistent violence, saying that they have embarked on politicising the problem of insurgency at the expense of human lives. Similarly, following a threat letter issued to its district head, residents of Auno Village in Borno State at the weekend fled in droves along with their livestock to Maiduguri, the state capital. And the All Progressives Congress (APC) has said the PDP’s reference to its roadmap as a product of ‘Janjaweed Ideology’ is a thinly-veiled religious blackmail, which is in furtherance of its (PDP’s) ongoing campaign to pigeon-hole the APC as an Islamic party, rather than engage in an informed critique of the programme. At a forum on ‘Freedom of Expression and Respect for the Sacred’ organised by the Abant Platform and the Journalists & Writers Foundation in Addis Ababa, Ethiopia, stakeholders also called on the Nigerian government at all levels to remove religion
From Lawrence Njoku, Enugu OVERNOR Theodore Orji G of Abia State yesterday emerged the new chairman for the South-East Governors’ Forum. Out-going governor of Anambra State, Peter Obi who had led the forum in the last four years, announced Orji as the new chairman while briefing journalists shortly after their meeting at Government House, Enugu. He said: “You know over the years we have been committed to ensuring that the South-East remains together for the development and unity of the South-East. We have discussed and elected a new chairman who is the governor of Abia State, Chief Theodore Orji.”
Civil society groups charge INEC on Ekiti voters’ verification By Wole Oyebade
Foreign Affairs Minister of State, Prof. Viola Onwuliri (second left, front row); Senate President, David Mark; President of the 2014 Catholic Bishops’ Conference, Bishop Ignatus Kaigama of Jos; President Goodluck Jonathan; Cardinal John Onaiyekan, and others, during the 2014 Catholic Bishops’ Conference of Nigeria opening session at the Our Lady Pro-Cathedral, Garki, Abuja... yesterday.
Arewa youths indict Jonathan, northern leaders over insurgency CONTINUED FROM PAGE 1
Orji emerges S’East govs’ forum chairman
from politics as a deliberate way of curbing the activities of insurgents. The Boko Haram issue was a major topic of discussion at a session, as concerned stakeholders from different parts of the world also urged Nigeria not to lose hope in efforts to curb the menace, while calling for increased efforts for dialogue. Director for Political Affairs at the AU Commission, Prof. Khabale Matlosa, who delivered a welcome address at the forum, noted that the failure to manage diversity was a major reason for the activities of Boko Haram today. In a veiled reference to the need for support from the international community, he stressed that the crisis requires more interventions beyond Nigeria. He said: “Freedom of belief, opinions and one’s cultural heritage should not threaten others from enjoying their own cultural beliefs. This calls for constructive management of diversity, especially as it relates to religion. “The mayhem caused by senseless killing of innocent people by Boko Haram in Nigeria is a major cause of concern for religious freedom and tolerance on our continent today. Boko Haram is a big issue. This is a problem that requires much more interventions beyond Nigeria itself. Conflicts of this nature require the support of all to end.” Bishop of Wusasa Diocese, Anglican Communion of Nigeria, The Rt. Revd. Ali Buba Lamido, who spoke at the forum, urged the Nigerian government not to play politics with religion. His words: “Religion must be removed from the art of governance if we must move forward.” Archbishop of Cape Town, South Africa, Dr. Thabo Cecil Makgoba, called attention to the need to curtail hate speeches, noting that No faith justifies hate speech.
In a statement at the end of the meeting which was held at the conference hall of the Government House in Minna, the PDP governors’ forum particularly condemned what it called “barbaric slaughter” of innocent school children in Yobe State by the Boko Haram. The statement, which was read by the chairman of the forum and Governor of Akwa Ibom State, Dr. Godswill Akpabio, however expressed sincere sympathy and condolence to the families of those innocent children murdered in cold blood. The forum, while commending the efforts of various security agencies in their fight against the Boko Haram insurgence, also urged them to urgently end the killings. The protesters, under the aegis of Movement for Positive Change (MPC), collected signatures of well-wishers which they hoped to send to the National Assembly as proof that Nigerians in the Diaspora are concerned by events happening at home. With many placards to express their anger and the inaction of the government to take on Boko Haram, MPC, which had mounted a threeday protest since Wednesday, said the government was too passive and not taking the security of lives of Nigerians seriously. Two members of the group, Charles Oguntoye and Benjamin Taiwo, spoke with The Guardian, saying they had left their jobs and sacrificed three days to show their solidarity to fellow Nigerians over the current situation in the country. With reference to the slaughtering of innocent school children, Oguntoye said: “Enough of these killings. We want peace in Nigeria and peace for all.” The National President of AYF, Gambo Ibrahim Gujungu, said in Kaduna: “The politicisation of issues surrounding the insurgency in our study seems to be obvious hence we resolve as follows:
President Jonathan, northern governors, religious and northern leaders are doing nothing tangible but outright politicisation of the conundrum. “We, therefore, hold them responsible for the incessant and unabated killings in the North-East. Let it be known that we are not unaware that leaders are more concerned about their 2015 elections than the security of Nigerians, most especially those in the North-East.” Besides the fleeing of villagers over fears of possible attack, the state government closed Auno Secondary School. Auno is about 25 kilometres west of Maiduguri, the state capital. Speaking on the fleeing villagers yesterday in Maiduguri, the ward head, Ba Afuno Bulama, said that some suspected gunmen on motorcycle dropped the threat letter, adding: “The attacks and killings at Mainok and Jakana villages, which are 20 kilometres to this village (Auno) and the threat letter issued to me on Thursday by gunmen, forced our people to flee to Maiduguri. We don’t want to be killed like the people of Mainok and Jakana who are our neighbours.” He said even the military post near the village was abandoned by soldiers who had been manning the post before the insurgents issued their threat letter to Auno. The APC further said that on a more dangerous level, it shows that the PDP will not relent from engaging in Islamophobia by using the Boko Haram crisis in a part of the country to stereotype Muslims and paint them as terrorists, even when it is obvious that majority of Muslims do not support the heinous crimes being perpetrated by the sect. APC’s Interim National Publicity Secretary, Alhaji Lai Mohammed, in a statement in Lagos yesterday wondered why the PDP, in reacting to the APC’s road-map, would be
making an allusion to the despicable Janjaweed militia which is wreaking havoc in Sudan’s Western Darfur region, saying this is nothing short of religious escapism and a dangerous attempt to whip up religious sentiments against people of a certain faith. ‘’The only reason that the PDP used the word ‘Janjaweed’ is because the militia that goes by that name comprises mostly, if not exclusively, of people of Arab/Muslim stock in Sudan. ‘’This has further confirmed our fears that there is a clear attempt by the PDP, led by President Goodluck Jonathan, to divide Nigerians along religious lines as never before in the history of our country and to use religion as a political tool - a very dangerous move that can only result in religious warfare from which no country that engages in it has ever survived intact. ‘’Or how else can one explain the continuous attempt by the PDP, despite warnings from right thinking people and groups, to cast people of a certain faith, who constitute half of our country’s population, as either terrorists or terror sympathisers/sponsors, or to label the APC as an Islamic party just to hang it? Couldn’t the PDP have criticised our road-map without resorting to its well-worn, dangerous game of religious blackmail?’’ APC queried. The party said while it had been restrained all along by not responding in kind to PDP’s blackmail, it is not unaware of the dictum that a lie repeated often enough becomes the truth. ‘’Perhaps, the PDP has mistaken our decision to take the high road and avoid religious and ethnic politics as a sign that it (PDP) is succeeding in its religious blackmail. Therefore, we have decided to let Nigerians know that the sooner they repudiate this dangerous tactics by the PDP, the safer for our country,” it added.
S the voters’ verification A and issuance of Permanent Voter Cards (PVCs) entered its second day in Ekiti State yesterday, a coalition of civil society organisations (CSOs) has called on the Independent National Electoral Commission (INEC) to immediately address some logistic challenges affecting the exercise. Among the challenges identified were inadequate INEC and security personnel in some centres, interference by some party agents and inadequate sensitisation of the public on the programme. The coalition, which made the call, comprises Women Advocate Research & Documentation Centre (WARDC), Civil Society Legislative Advocacy Centre (CISLAC), African Centre for Leadership, Strategy & Development (Centre LSD), HEDA Resource Centre, New Initiative for Social Development (NISD), WANEP Nigeria, Centre for Democracy & Development (CDD), JPDI, NCWS and International Press Centre (IPC). Co-ordinator of the group, Dr. Abiola Akiyode-Afolabi, in a statement yesterday said the call had become necessary following field reports from the state’s three senatorial districts (Ekiti North, Ekiti Central and Ekiti South) by the coalition’s observers.
Don, Elufioye, wins career women scientist award From Iyabo Lawal, Ibadan WOMAN scientist from A the University of Ibadan, Dr. Taiwo Olayemi Elufioye of the Department of Pharmacognosy, has won the 2014 early Career Women Scientist Award in Developing countries. Elufioye, the only woman from Africa, received the award for her research on the treatment properties of native Nigerian plants, with particular bias on the effectiveness of different species in treating malaria, wounds, memory loss, leprosy and cancer. The 2014 Elvevier Foundation Awards was awarded to five early career women scientists in developing world for their researches into medicinal properties of natural compound.
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
5
6 NEWS Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Health workers may resume strike over ministerial appointment From Chukwuma Muanya, Abuja HE unending bad blood between the Nigerian Medical Association (NMA) and health workers under the aegis of the Joint Health Sector Union (JOHESU) is back in the front burner, as the later has threatened an industrial action beginning from tomorrow if President Goodluck Jonathan appoints a medical doctor as Minister of State for Health. JOHESU comprises pharmacists, nurses, medical lab scientists and others excluding medical doctors. The Guardian learnt that the health workers would make their position known today during a media briefing. The Minister of Health, Prof. Onyebuchi Chukwu, said yesterday at a national stakeholders’ meeting on Universal Health Coverage in Abuja that he was expecting the workers to go on strike because a medical doctor is appointed a minister of state for health. Meanwhile, ahead of the Presidential Summit on Universal Health Coverage (UHC) holding today at the State House, Abuja, Nigeria and other international stakeholders have intensified call for the inclusion of UHC in the post-2015 sustainable health and development framework. Chukwu said yesterday that UHC remained an essential feature of the post-2015 health development agenda. The minister, who was chairman of the occasion, said the country, through the National Health Insurance Scheme (NHIS) and supervised by the Ministry of Health, has the presidential mandate to reach at least 30
T
• Nigeria, others seek post-2015 health framework • Jonathan inaugurates Presidential Task Team tomorrow per cent (70 million Nigerians) with health insurance cover by 2015. The meeting was organized by NHIS in conjunction with the Health For All Project, being implemented by Management Sciences for Health (MSH), the International Finance Corporation (IFC) and PharmaAccess Foundation. The theme of the meeting is “Creating an enabling environment for the sustainability of the pro-poor healthcare financing models in Nigeria – with emphasis on community health frameworks.” According to Chukwu, the national stakeholders’ meeting was to enable participants understand what UHC entails and the role of key players, especially state governments, in improving access to healthcare for all, particularly the poor, through various pro-poor healthcare financing models, essentially community-based health insurance (CBHI). He also facilitated the formation of a task team for UHC in Nigeria, which would be inaugurated by President Goodluck Jonathan today. The rationale for UHC, when financial and physical barriers to healthcare are eliminated, include reduction in out-of-pocket expenditure on health, he said. Also, people do not become poorer because of the catastrophic cost of healthcare, they can easily access the essential health services, maternal and child health improves in the country, overall popu-
lation health indices improve while demand for health services increases, as does the demand for quality, among others. MSH President, Dr. Jonathan Quick, said: “Our vision is a world where everyone has the opportunity for a healthy life and we are guiding our efforts everyday to save lives and improve health among the poorest and most vulnerable population. In 2014, UHC will play a pivotal role in helping us attain this vision.”
Onijanikin of Ijanikin, Oba Momodu Asafa (left); newly elected President, National Postgraduate Medical College of Nigeria, Rasheed Ajani Arogundade and immediate past president, Dr. Victor Wakwe after investiture of the college’s 18th president in Lagos at the weekend. PHOTO: OSENI YUSUF
Opposition mounts against Nyako’s N43b loan bid From Azimazi Momoh Jimoh, Abuja
GROUNDSWELL of oppoA sition and criticisms have greeted plans by the Adamawa State Government to secure some loans totalling N43 billion even as Governor Murtala Ntako explained that all processes toward securing the loan were properly approved by the Debt Management Office (DMO). Defending the loan, Nyako urged his critics to pay more attention to the benefits that would accrue to the state from it and stop playing politics with the issue. Opposition to the move is led by a group of indigenes called the “Save Adamawa State Movement”, whose statement yesterday in Abuja condemned the state government’s insistence on the loan despite a pending court process against it. Signed by the Chairman of the Movement, Albert Stephen, the statement noted that the state government was determined to render the court ruling void by going ahead with taking the loan. It added that even if the group eventually gets judgment, it would be inconsequential since the prayer sought would have been effectively scuttled.
• It was approved by DMO, gov insists According to the statement, the suit was instituted against Nyako, the state government and the House of Assembly over the $24 million loan and the new loans – the N40 billion bond and another N2.015 billion loan. The group alleged that an administration with just about a year to end its tenure does not mean well for the state by attempting to strangle it financially. Last Thursday, the State High Court presided by Justice Hafsat Abdulrahman adjourned till April 30 for further hearing on the suit to stop the sourcing of over $24 million from the Islamic Development Bank (IDB). The statement read in part: “What we refuse to accept is that while the matter is still pending in court, the state government, in order to circumvent the pending suit, has taken or is in the process of taking a total of N43 billion loan. “We have asked our lawyers to take all necessary steps, including joining the banks as parties to the suit, to stop the state government from drawing the
loans, pending the determination of the suit. “The banks are hereby warned to be wary of granting loans to the Adamawa State Government as the next administration in the state will not honour the payment of the illegal loans. Our opposition is that they would not be used for the development of the state.” Nyako, in his letter of November 25, 2013, to the Speaker of the House of Assembly, had asked for permission to draw down from the N40 billion bond. The letter read in part: “I write to notify the Honourable House that the State Executive Council at its meeting held on 21st November, 2013, unanimously resolved to draw down from the N40 billion bond to fast track the execution of projects.” According to his media aide, Ahmad Sajo, critics of the loan should consider the state benefiting from the facility as a blessing, stating that the loan was interest-free, with administrative charges of 0.75 per cent, which is less than one per cent, and that it is repayable within 40 years.
NERC, CPC to protect electricity consumers from exploitation From Emeka Anuforo, Abuja F the Memorandum of Understanding (MoU) being worked out between the Nigerian Electricity Regulatory Commission (NERC) and the Consumer Protection Council (CPC) lives up to its charge, electricity consumers in the country could see the end of exploitation soon. The pact, which is expected to be signed soon, would provide a more effective platform for electricity consumers facing the challenges of harsh estimated billing or poor services, among other, to lay their complaints and get redress where necessary. They can also sue the utility providers if they feel wronged. The Guardian learnt yesterday that the MoU would pri-
I
marily stop regulatory overlaps and ensure speedy redress of consumer complaints. Cooperation between NERC and CPC will be in the area of consumer awareness, complaints, quality standards, redress relief and standards, and information sharing. NERC Head of Media, Maryam Yaya Abubakar, confirmed that the MoU had been drafted and the components agreed by both parties, noting that the signing ceremony was originally scheduled for last week but was postponed. The CPC is supervised by the Ministry of Trade and Investment and commenced operations in 1999, when its institutional framework mandated it to, among others, eliminate hazardous
products from the market, provide speedy redress to consumers’ complaints. It is also to undertake campaigns as will lead to increased consumer awareness, ensure that consumers’ interest receives due consideration at the appropriate forum, and encourage trade, industry and professional associations to develop and enforce in their various fields quality standards designed to safeguard the interest of consumers. NERC, on its part as regulator of the Nigeria Electricity Supply Industry (NESI), has mandate to promote and ensure an investor-friendly industry and efficient market structure to meet the needs of Nigerians for safe, adequate, reliable and affordable electricity.
Ogun threatens banks over delayed salaries By Tope Templer Olaiya ENCEFORTH, any bank that delays payment of monthly salaries to Ogun State civil and public servants after government has deposited money for that purpose risks losing such business relationship, the state government has said. In a circular to the banks by the Commissioner for Finance, Mrs. Kemi Adeosun, the government expressed disappointment over what it called “the consistent trend of unprofessional conduct being practiced by some banks in the state.” According to her, “as at March 6, some of our members of staff and pensioners are yet to be credited with their salaries/pensions. This, despite the fact that fully funded payment instruction was issued before 9a.m on February 27. The delay of seven days is unacceptable, inexcusable and unethical.
H
Kumuyi, Ezekwesili to address youths at summit By Isaac Taiwo HE General Superintendent of Deeper Christian Life Ministry (DCLM) and convener of Youth Empowerment Summit (YES), Pastor William Kumuyi, has called on Nigerian youths to see themselves as indispensable partners in realising the nation’s aspirations. Kumuyi spoke ahead of this year’s edition of YES slated for March 22, 2014, at Deeper Life Conference Centre, Km 42, Lagos-Ibadan Expressway, Ogun State, where he and the special guest speaker, former Minister of Education, Dr. Oby Ezekwesili, among other seasoned speakers, would be addressing over 100,000 youths drawn from public and private schools, including young school leavers in Lagos. In a statement announcing the event, he said it was time for the youths to take their rightful positions that would prepare them as leaders of tomorrow. According to the statement by the DCLM National Youth Coordinator, Pastor Peter Elias, the theme is “Empowerment for Greatness”. Elias disclosed that the programme, being packaged with seasoned speakers and accomplished professionals and entrepreneurs would feature skills development for success and leadership, peer education, self-awareness, role modeling, career choice and development, employability and entrepreneurship, among others.
T
Monday, March 10, 2014 NEWS 7
THE GUARDIAN www.ngrguardiannews.com
Nigeria wins 18 medals in Africa cinema award By Gbenga Salau
NUJ seeks camp for displaced people in Benue From Joseph Wantu, Makurdi
IGERIA affirmed its suORRIED by the volume N premacy in filmmaking in Africa and the acceptance of Wof displaced people its works among Africans at from many communities in the second edition of the AfricaMagic Viewers Choice Awards held on Saturday when it won 18 out of the 29 categories up for grab. Some categories won by Nigeria include: The Best Actress in a Drama, Nse Ikpe Etim featuring in Journey to Self; Best Actress in a Comedy by Funke Akindele appearing in Return of Sheri Koko; Best Actor in a Drama won by Tope Tedela acting in A mile from Home; Best Supporting Actor in a Drama was Desmond Elliot starring in Finding Mercy; Osita Iheme appearing in The Hero went home as the Best Actor in a Comedy; Best Supporting Actress in a Drama went to Bikiya Graham-Douglas featuring in Flower Girl; Chiemela Nwagboso starring in The Kingdom smiled home as the Best Costume Designer and Best Writer Comedy went to Jigi Bello acting in Flower Girl.
Benue State following incessant attacks by Fulani marauders, the state chapter of the Nigerian Union of Journalists, NUJ, has called on the government to as a
matter of urgency open up camps to accommodate the suffering displaced persons. The union in a statement issued yesterday by the Chairman of the Council, Mr. Chris Atsaka, expressed worry over the unending attacks of hired mercenaries on unarmed farmers of the
state and called on government to redouble its efforts in ending the crisis. “It is disheartening that for months, there had been attacks on communities in Guma, Gwer- West, Agatu and Makurdi. Recently, the attacks have been extended to parts of Kwande and Logo
local councils with settlements like Anyibe in Ayilamo, Moon, Ayiase, JatoAka and Daudu coming under attacks,” the state council pointed out. While commending the state government efforts in drawing the Federal Government attention to
NDDC moves to refocus
Six declare interest in Deji stool From Niyi Bello, Akure IX persons, all princes from the Osupa Ruling House of Akure, have signified their intention to fill the stool of the monarch of the town, the Deji of Akure, which became vacant following the demise of the last occupier, the late Oba Adebiyi Adesida, who passed on last year. Since the late Deji was from the Adesida Ruling House, which had occupied the throne for more than a hundred years except for the short reign of deposed Adesina Adepoju, the Osupa Ruling House, to which Adepoju belongs, is expected to produce the next monarch. The six princes, who have already notified the leadership of the ruling house of their ambitions in writing, include Kole Aladetoyinbo, a United State of America (USA)-based businessman, Kayode Oke Adegite, an Akure businessman and Oluwole Ogunsuyi, a commissioner in the Ondo State Judicial Commission.
NOTHER step has been A taken by the Governing Board of the Niger Delta
S
Thieves raid Benue newspaper EN of the underworld on M Saturday broke into the office of the General Manager of Benue Printing and Publishing Corporation, BPPC, the publishers of The Voice Newspaper, Mr. Ben Ebe, carting away several valuables, including two laptop computers and a 32-inch television. Mr. Ebe, while narrating the incident to journalists in his office described the incidence as unfortunate. He explained that during last weekend’s attack, the hoodlums also went to the office of the corporation’s accountant, forced open the first office and picked keys to open the main offices. Ebe attributed the success of the attack on the collapse of the corporation’s perimeter fence at several points. The general manager, however, noted with satisfaction the award of contract for the renovation of the corporation by the state government and stressed the need for the total overhaul of the employees.
the act of aggression, the union noted with dismay that even after President Goodluck had deployed the DIG in Charge of Operations to the state, the situation has continue to persist. The NUJ state council, which said it has just conclude its visit to some troubled spots in Guma Local Council of the state, noted with grief that they saw hundreds of displaced persons, who fled the troubled areas made up of men and children, as well as, women with their babies climbing at their backs, trekking long distances for safety. “Because of the nasty situation in Daudu, a nearby town to Makurdi, the state capital, hundreds of internally displaced persons have flooded Agan, a suburb of Makurdi, while others are found in North-Bank, the Makurdi- Lafia road axis, wandering helplessly.”
Legal luminary, Mr. Yusuf Ali (SAN) (left); President of the Nigerian Bar Association (NBA), Mr. Okey Wali (SAN), making a speech during the official commissioning of Wole Olanipekun Bar Centre donated by Chief Wole Olanipekun (SAN) to NBA Ikere-Ekiti branch, while Chief Olanipekun and his wife with the Branch Chairman, Barr. Bunmi Olugbade looks on weekend.
No law bars Jonathan from convening confab, says Olanipekun From Muyiwa Adeyemi Ado-Ekiti, Kelvin Ebiri Port Harcourt, Njadvara Musa, Damaturu, John Okeke, Abuja, Kenechukwu Ezeonyejiaku ORMER President of the F(NBA), Nigeria Bar Association Chief Wole Olanipekun (SAN) has said that no aspect of the Nigerian constitution bars President Goodluck Jonathan from organising a national conference. He, however, quickly added that the intention of the confab must be in the interest of Nigerians, maintaining that sovereignty resides in the people. Olanipekun also submitted that nothing could stop Nigerians from discussing the issues that affect their corporate existence contrary to positions being consistently maintained by some of his learned colleagues. He made the statement in Ikere Ekiti weekend, while donating a 400-seater multipurpose Bar Centre to the NBA, Ikere Branch, maintaining that the centre named after him was a gesture targeted at improving legal practice in Ekiti State and build the culture of role modeling within the profession. The ex-chairman of the University of Ibadan Governing Council said Nigerians should give President Jonathan the benefit of doubt that he would make a success out of the proposed confab.
He revealed that the NBA had earlier advocated a Sovereign National Conference (SNC) in the 80’s under the leadership of Chief Alao Aka Bashorun, saying the move should not be seen as being borne out of exigency of the present situation. On the claim by some Nigerians that SNC would have been desirable, Olanipekun said, “whether it is National Conference or Sovereign National Conference, Nigerians must start from somewhere. We have to cross-fertilise ideas on how best to run the country, whether the presidential system should continue or not. We have to go there and listen to discussion.” Olanipekun, who explained that the confab is not unconstitutional, pointed out “it is not borne out of exigency because we have been agitating for it over years. I want to believe that it is the confab that will breed, nurture and give birth to a constitution for this country. “Are we saying the maiming and killing of innocent Nigerians presently in some parts of the country should not be discussed? Are we saying these human lives have no meaning to us,” he queried? Olanipekun urged Nigerians to support the confab and have confidence that something positive would come out of it. And addressing 2014 first
plenary of the Catholic Bishops’ Conference of Nigeria (CBCN), its President, Most Rev. Ignatius Kaigama has advised that rather than dissipate energy on issues that could divide the country, the conference should focus on the fundamental issues that would articulate the welfare of Nigerians. “If approached in the right spirit, the dialogue could help address matters of national significant good of Nigeria and Nigerians,” said Kaigama. Similarly, the Archbishop, Metropolitan and Primate of all Nigeria (Anglican Communion), The Most Rev. Nicholas D. Okoh said, “we are relying on the people selected for the upcoming national conference and we expect them to discuss all problems that have been afflicting the country. “ We need them to discuss how we are to move forward together, so that at the end of the exercise, all the areas that have been a barrier to our peaceful co-existence will be straightened and we do not go back to the kind of life we were living.” Meanwhile, a Coalition of Civil Societies Organisation (CSO) in the North-east subregion of Nigeria yesterday rejected the list of delegates of CSOs nominated for the region in the list released by the Federal Government last Thursday. Secretary of the Coalition of
the North East Civil Societies, Alhaji Baba Shehu, in Damaturu, described the conference as a jamboree of allegedly fraudulent and selfish government agents without the full representation of the people at the grassroots. Similarly, the Movement for the Survival of the Ogoni People (MOSOP) has petitioned President Goodluck Jonathan complaining that the exclusion Ogonis and other ethnic minorities will question the credibility of the national conference. MOSOP President, Legborsi Saro Pyagbara said the petition was to protest the marginalisation of Ogoni people and other ethnic nationalities in the National Conference, which in MOSOP’s view, was set up to address lingering imbalances, injustices and instability occasioned by marginalisation and violation of peoples’ rights, amongst other issues. However, the Lagos State chapter of Peoples Democratic Party (PDP) has commended the nomination of its former Deputy National Chairman, South West zone, Chief Olabode George. Spokesman of the PDP, Taofik Gani said, “indeed the nomination was an attestation that the former deputy national chairman can be trusted in national development.”
Development Commission (NDDC) in its ongoing efforts to reposition the interventionist agency as a vehicle for actualising the Federal Government’s Transformation Agenda. According to the NDDC’s Managing Director, Bassey Dan-Abia, the board is currently refocusing the commission to serve the Niger Delta people better. He said to this end, it would hold a three-day retreat in Uyo, Akwa Ibom State, from Wednesday, March 12, 2014 to be attended by members of the Governing Board, directors, deputy directors, special assistants, technical assistants and assistant directors. With the theme: “ReFocusing the NDDC for Better Service Delivery,” it will be declared open by the Chairman of NDDC’s Governing Board, Senator Bassey Ewa-Henshaw, while the Secretary of the Federation, Anyim Pius Anyim will deliver a keynote address. Other renowned resources persons, from the public and private sectors, for the retreat include Chairman, Senate Committee on Rules and Business, Senator Ita Enang; Head of Civil Service of the Federation, Alhaji Goni Aji; Auditor-General of the Federation, Mr. Samuel Ukura; Principal Partner, George Etomi and Partners, George Etomi, and Head of Centre for Infrastructure Policy, Regulation and Advancement (CIPRA) at Lagos Business School, Dr. Ernest Ndukwe. Others are Executive Chairman of Economic and Financial Crimes Commission, Mr. Ibrahim Lamorde; Director-General, Bureau of Public Service Reforms; Dr. Joe Abah; as well as General Manager, Policy, Government and Public Affairs at Chevron Nigeria Limited, Mr. Deji Haastrup.
8 NEWS Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Two feared dead, 10 vehicles burnt in tanker crash
Jigawa trains lawyers on justice delivery
From Abiodun Fagbemi, Ilorin
HE Jigawa State Justice T Sector and Law Reform Commission has organised a
From John Akubo, Dutse
WO persons were feared T dead yesterday at Jebba, Moro Local Council Area of Kwara State, when a tanker loaded with premium motor spirit (PMS) skidded off its lane, fell and in the process, spilled the product on a nucleated settlement leading to a rampaging fire that lasted for over six hours before it could be put under control. The sad fire incident, which equally gutted 10 vehicles and some unspecified number of buildings, has thrown the residents into a great grief, even as they called for the assistance of the state government towards alleviating their suffering. According to sources, the fire started at dawn at a location called Success, near the Police Station at Garika. “Two men, who slept inside a beer parlour were burnt beyond recognition. It was very sad indeed”, he said.
Managing Director, Airtel, Nigeria, Mr. Segun Ogunsanya (left); Chief Executive Oficer, Airtel International Strategy, Mr. Manoj Kohli and Executive Vice Chairman (EVC) of the Nigerian Communications Commission, Dr. Eugene Juwah, at the just-ended Mobile World Congress in Barcelona
Minister solicits 35% of CBN’s intervention fund for women From Omotola Oloruntobi, Abuja
MOUA celebrates N4.5b NEEDS grant, others From Gordi Udeajah, Umuahia ICHAEL Okpara University of Agriculture Umudike (MOUA) at the weekend held a thanksgiving service over some ‘special blessings’, especially Federal Government’s approval of N5.4 billion for the university under the National Economic Empowerment and Development Strategy (NEEDS) assessment programme. The university also celebrated the constitution of its Governing Council chaired by Prof. Anya O. Anya as prochancellor and the industrial harmony reigning in the institution.
M
two-day workshop for practising lawyers to update their knowledge for proper justice delivery. Aliyu Umar, the lead trainer, who spoke with The Guardian, pointed out that the Commission has come to terms with the fact that the state and the defense counsels needed to have an “inhouse training on the critical aspects of their practice.” He said the training is for state and defense counsels to update them appropriately. He observed that trainings such as this particular one, is the trend all over the country, adding that even the Nigerian Bar Association is insisting that lawyers must attend seminars or training at least twice a year.
INISTER of Women Affairs M and Social Development, Hajia Zainab Maina, has said 35 per cent of the Central Bank of Nigeria (CBN’s) intervention fund and Nigeria Incentive-based Risk Sharing for Agricultural Lending (NIRSAL) be set aside for women in
agriculture. She added that the ministry is also working to ensure the direct provision of agricultural input such as fertiliser, seeds/seeding, and simple technologies for women in agriculture to enhance their productivity. Hajiya Maina stated this at the weekend in Abuja while
commemorating the 2014 International Women’s Day (IWD), held titled: “Equity for women is progress for all” and sub-titled: “Inspiring change, achievements and challenges of the MDGs as it affects women and girls”. Maina decried the non-attainment of MDGs that will directly impact women’s lives,
despite all progresses made in other areas since its inception. She said several interventions are needed in achieving the targets of gender equity and women empowerment (MDG 3), reducing infant mortality (MDG 4) and environmental sustainability (MDG 7). According to her, these relevant MDG targets are yet to be
SERAP backs Soyinka on centenary award for Abacha From Abiodun Fagbemi (Ilorin), Gbenga Akinfenwa (Abeokuta) and Kanayo Umeh (Abuja) LAGOS-BASED rights group, the Socio-Economic Rights and Accountability Project (SERAP), has backed Nobel Laureate, Prof. Wole Soyinka’s, rejection of the centenary award, maintaining that “any award to indicted
A
Isama faults non-recognition of Benjamin Adekunle corrupt public officials sends a wrong message and amounts to a triumph of corruption over public probity and integrity.” The organisation also “wants the Federal Government to explain to Nigerians how much exactly it spent on the centenary celebration.” A statement by SERAP’s Executive Director, Adetokunbo Mumuni said: “The award to the late military dictator, General Sani Abacha, considered one of the most corrupt leaders the country ever had, cannot be justified on any ground whatsoever and, in fact, sends the message that corruption pays. It also
suggests that tackling highlevel official corruption and impunity of perpetrators is not as high on the list of this government’s priorities as it should be.” The group also said that “Granting awards to indicted corrupt public officials represents an attack on the country’s international anti-corruption obligations and commitments, and can only further encourage corrupt politicians to continue to pursue personal interests with impunity, instead of catering for the Nigerian public.” Meanwhile, a veteran of Nigerian Civil War, General Alabi Isama, has faulted the
Federal Government for ignoring Brig.-Gen. Benjamin Adekunle in the list of the nation’s centenary awardees. Isama, in a chat with The Guardian yesterday in Ilorin, Kwara State capital, said but for the gallantry efforts of Adekunle while leading the Third Commando of the Nigerian Army during the war, there would not have been the nation called Nigeria today as the Civil War was won from the axis of the war front. According to Isama, “some of the awardees truly deserved it but many of them were not worthy of being listed among them. Many of us, especially Adekunle, trained some of those they called awardees to-
met due to the non-legislation of 35 per cent gender affirmative action, non-passage of all pending gender-friendly bills, poor funding of gender equity and women empowerment initiatives, negative cultural/traditional perceptions, among others. She said gender equality and women empowerment are basic human rights that lie at the heart of human development, while applauding President Goodluck Jonathan for fostering a healthy respect for all irrespective of race, class, disability or gender. “Our gender-friendly President is calling for the empowerment of Nigerian women to ensure progress for the nation and I know he will not rest on his oars until he has improved the situation of women. “It is my conviction that if we are to succeed in our national transformation strides, we must give adequate attention to the attainment of gender equity. We also know that appropriate focus on the development of women and girls would lead to healthier and stronger families, communities and countries,” she added.
Delta communities urge speedy resolution of oil spill disputes From Chido Okafor, Warri VER 100 communities from three coastal states in the Niger Delta region affected by the Shell Petroleum Development Company (SPDC) Bonga oil spillage of December 20, 2011, converged in Warri at the weekend, urging the oil firm to hasten the resolution of the disputes resulting from the massive damage done by the spill. The purpose of the meeting, The Guardian learnt, was for all the affected persons to agree on the areas of concern raised by Shell, which will fast-track the on-going dialogue between Shell, government and the communities. One of the areas of concern expressed by Shell, it was learnt, was that several of the affected communities had gone to court seeking monetary claims over the spill and in the process, technically bar-
O
ring Shell from seeking peaceful negotiations for compensation. But at the Warri conference, all the affected communities and their representatives unanimously denied that any of them had gone to court and, therefore, urged Shell to go ahead and initiate a remediation mechanism. It would be recalled that the Federal House of Representatives Committee on Environment and other stakeholders, including the authorities of Brass, Southern Ijaw, Ekeremor, Burutu, Warri-South West and WarriNorth Local Councils of Bayelsa and Delta states, had further consultations with all communities along the coast of the said council areas affected by the Shell Bonga crude oil spillage, as well as the harmful chemical dispersants Shell used to fragment
and/or disperse the said oil spill at the sea. At the Warri conference, the affected communities agreed that there was no monetary claim pending against Shell in any court in respect of the subject matter under reference and the governments for compensation shall support only communities and their satellite villages located directly along the coastlines. • That communities and their satellite villages located outside the coastlines shall strictly prove their claims before they will be entitled to any form of government support, as the government shall support no ‘ghost’ community; • That SNEPCo, a company owned by Shell, NEMA, states, local governments, among others, should provide relief materials to the communities affected by the said pollutants
pending the outcome of government intervention on the matter; • That SNEPCo should pay compensation to the communities and individuals located along the coast of the aforesaid local council areas and states whose fishing areas and activities were adversely affected by the said pollutants; and • That each of the attorneys/agents to each of the communities should work in unison through the coordinator (Francis Amoma Monday of Gbutse Property Limited). The said representative shall in turn share whatever compensation collected/received from Shell among all the beneficiaries through their respective attorneys/agents after deducting at source the agreed fees due to the said coordinator and any other stake-
THE GUARDIAN www.ngrguardiannews.com
Governor Akpabio (second right) assisted by his wife, Unonma and Secretary to the State Government, Udom Emmanuel, while commissioning classroom blocks at QIC Primary School, Awa-Iman, Onna Local Council.
Managing Partner, SIAO, Ituah Ighodalo(left); Chief Executive Officer, Prima Garnet Africa, Lolu Akinwunmi; Chief Operating Officer/General Manager Cutler Communications, Laura Oloyede; and Chief Executive Officer Business School Netherlands In Nigeria, Lere Baale during a public discourse jobs creation ;A pathway to sustainable Economics Growth Organised by Cutler Communication at Intercontinental Hotel Victoria island Lagos.
Rivers State Commissioner of Police, Ayotunde Ogunsakin (left) during a courtesy visit on the Commander 2 Brigade/Sector 2 JTF, Bori Camp, River State, Brigadier General Osasogie Uzamere.
Head, Legal Division, NAFDAC, Kingsley Ejiofor (left); first Vice President, Institute of Directors (IoD), Yomi Akeju and past president, IoD, Emmanuel Ijewere, during the IoD’s Members’ Luncheon with NAFDAC.
Monday, March 10, 2014 PHOTONEWS |9
Managing Director, Promasidor Nigeria Limited, Keith Richards (left); Director General, NAFDAC, Dr. Paul Orhii and Executive Director, Commercial, Promasidor Nigeria, Kechi Onubogu, during the launch of new Onga Chicken Cube in Lagos. PHOTO: AYODELE ADENIRAN
The new Chairman of the South-East Governors Forum, Theodore Orji of Abia State (left) immediate past chairman of the forum, Peter Obi of Anambra State, Enugu State Governor, Sullivan Chime and Governor Martin Elechi of Ebonyi State, shortly after Orji’s election at the Government House, Enugu.
General Manager, Intercontinental Hotel, Didier Coeln (left); Group Managing Director, Wema Bank, Segun Oloketuyi and Executive Director, South South, Skye Bank, Ibiye Ekong, during the launch of Intercontinental Hotel Rewards Club by the bank.
Barrister E. Gbem (left); Engr. Agubata Felicia; Ifeoma Aghaebe; Chinwe Ani; Ubong Marshall; Nafisat Amin and Barrister Mary Musa, all NAMA delegates to the 2014 Women in Aviation Conference at Disney Coronado Spring Resort, Florida, U.S.A.
10 Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
WorldReport Missing plane may have turned back, says Malaysia ALAYSIA yesterday said a M missing airliner carrying 239 people may have inexplicably turned back, as authorities launched a terror probe into the plane’s sudden disappearance, investigating suspect passengers who boarded with stolen passports. The United States sent the FBI to investigate after Malaysia Airlines flight MH370 from Kuala Lumpur to Beijing vanished from radar early Saturday somewhere at sea between Malaysia and Vietnam, but stressed there was no evidence of terrorism yet. Indications that the plane may have deviated from its route only compounded the anxiety of relatives, many of them Chinese, desperate for news of their loved ones. “There is a distinct possibility the airplane did a turn-back, deviating from the course,” said Malaysia’s air force chief, General Rodzali Daud, citing radar data. But Malaysia Airlines (MAS) chief executive, Ahmad Jauhari Yahya said the Boeing 777’s systems would have set off alarm bells. “When there is an air turnback the pilot would be unable to proceed as
planned,” he said, adding authorities were “quite puzzled” over the situation. Malaysian authorities have expanded their search for wreckage to the country’s west coast after initially concentrating to the east in the South China Sea. A total of 40 ships and 34 aircraft from an array of Southeast Asian countries, China and the US were involved in the hunt, with two Australian surveillance aircraft due to join in. An AFP photographer on board a Vietnamese military aircraft saw what appeared to be oil slicks in the sea off the country’s coast and dozens of ships searching the area. Some of the ships could be seen sailing parallel to each other in an apparently coordinated search. It was not clear which countries the ships belonged to. However, as darkness fell on day two of the international effort, there were no confirmed reports of any wreckage being found. After it emerged that two people boarded the flight with stolen European passports, Malaysia’s transport minister Hishammuddin Hussein said he was looking at four suspect passengers in all.
Pro-Russian protesters gather for a rally in the centre of the Black Sea city of Odessa yesterday. Russian President Vladimir Putin has told Western leaders that the government of Crimea, which wants to hold a referendum on breaking away from Ukraine and joining Russia, is a legitimate body, the Kremlin said. PHOTO: AFP
Rival Ukraine rallies raise tensions as Crimea crisis heats up • Putin wants ‘diplomatic solution’ to Kiev crisis RO-RUSSIAN activists P attacked a pro-Kiev rally in Crimea with clubs and whips yesterday as thousands took to the streets across Ukraine in rival demonstrations, escalating separatist tensions in the
troubled ex-Soviet state. Interim Prime Minister, Arseniy Yatsenyuk vowed Ukraine would not cede “an inch” of its territory to Moscow after Russian forces and pro-Kremlin gunmen took over the Black Sea peninsula. “This is our land,” Yatsenyuk told a crowd of several thousand in the capital that was also attended by Russian former oligarch, Mikhail Khodorkovsky, who spent a decade in prison in Russia and is a top critic of President Vladimir Putin. The standoff in Crimea has set Europe and the United States against Russia over Ukraine’s future in the worst East-West confrontation since the Cold War. Illustrating the divisions in Ukraine, interim president Oleksandr Turchynov led a
minute of silence at the Kiev rally for demonstrators killed in three months of protests that led to the ouster of pro-Kremlin president Viktor Yanukovych. In contrast, in the eastern city of Donetsk pro-Moscow activists paid tribute to a feared riot police unit accused of shooting at protesters in clashes in Kiev that left around 100 dead late last month. “Russia! Russia!” the activists waving Russian flags shouted in Donetsk, the heartland of the former president, who fled to Russia after his overthrow. In the Crimean capital Simferopol, hundreds of protesters took part in separate rallies for Ukrainian unity and for joining Russia that passed off peacefully. “They cannot seize Crimea, (it’s an) illegal occupation,” said Svyatoslav
Suicide bomber kills 45 in Iraq suicide bomber driving Rubaie, accused al Qaeda of A being behind the bombing. a minibus packed with Rubaie said the local govexplosives killed at least 45 people and wounded 157 yesterday in the southern Iraqi city of Hilla, police and medical sources said. The attacker approached a main checkpoint at a northern entrance to the largely Shi’ite Muslim city and detonated the minibus, a police officer said on condition of anonymity. At least 50 cars were set ablaze with passengers trapped inside and part of the checkpoint complex was destroyed, the officer said. Sunni Islamist insurgents linked to al Qaeda have been regaining ground in Iraq over the past year, particularly in the western province of Anbar bordering Syria. No one claimed responsibility for the attack, but the deputy chairman of Hilla provincial council, Aqeel al-
ernment had received tips that al Qaeda-affiliates hiding in farmland north of Hilla were plotting a strike. He said the violence was a
Regushevsky, a 46-year-old who attended the unity rally with his two-year-old son, wearing a ski jacket in the colours of the Ukrainian flag. Around 1,000 people were at that demonstration, while some 10,000 turned out for the rival one on Lenin Square across town where a sea of Russian tricolours could be seen. Meanwhile, Russian President, Vladimir Putin said yesterday he wanted to find a “diplomatic solution” to the crisis in Ukraine in a telephone call with British Prime Minister, David Cameron, according to Downing Street. Cameron had called Putin to urge him to “de-escalate” the situation in Ukraine and to support the formation of a contact group that could lead to direct talks between Moscow and the new leaders
spillover from fighting in neighboring Anbar, where the Shi’ite-led government has been battling the al Qaeda faction the Islamic State of Iraq and the Levant (ISIL) around the cities of Ramadi and Fallujah.
Gambia to drop English for local language AMBIA’S president said G that he wants to implement a policy change that would shift the country’s language from English to a local language. “We no longer subscribe to the belief that for you to be a government you should speak English language. We should speak our language,” President Yahya Jammeh said during the swearing-in ceremony of Gambia’s new Chief Justice that aired on state-run Gambia Television Services at the weekend. The announcement comes
months after the West African country announced it is withdrawing from the Commonwealth, a collection of 54 nations made up largely of former British colonies, saying it would “never be a member of any neo-colonial institution.” The United Kingdom recently warned its citizens of rising anti-British rhetoric from the president, who last year accused the former colonial power and the United States of organizing coup attempts in the West African nation. The allegations were denied.
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
11
Focus Concerns mount over rise in online identity theft As more Nigerians take to the Internet for business transactions and social networking, ADEYEMI ADEPETUN writes on the sharp rise in online identity theft and what experts say could be done to prevent it NLINE identity theft (OIT) and impersonO ation are problems growing at a fast pace globally. The potential for fraud has become a major hurdle for the evolution and growth of online commerce. Over the last 10 years, the Internet has evolved into a single and integrated infrastructure, where audiovisual media, publishing and telecommunications are all converging. Experts say that despite newer security measures being introduced at frequent intervals to tackle the menace, online identity theft (OIT) is still growing because of newer methods adopted by online thieves, to keep one step ahead of online policing authorities. Identity theft is a problem involving personal information, with society increasingly relying on this to identify individuals in many circumstances. For instance, it is used to establish accounts with merchants, ISPs (Internet Service Providers), phone companies among others. It may also be used to get access to various accounts and record systems with financial institutions, health organisations, schools, government agencies and others entities. According to Credit.Com, identity theft victims suffered more than $24.7 billion in direct and indirect losses in 2012, which it says, is more than the combined $14 billion in losses that consumers experienced from other types of theft (burglary, motor vehicle theft and other property theft) in the same period globally. Besides, it noted that OIT has become the fastest growing crime in the United States (U.S) with close to 10 million people falling prey to it yearly. It estimated that victims lost about $50 billion to online fraudsters in 2013. Interestingly, the advent of social media seems to have complicated the menace to a greater extent, especially through impersonation. For instance, On January 28, 2014, Honeywell Flour Mills Limited published a disclaimer in The Guardian, to the effect that its chairman, Otunba Oba Otudeko, did not own a Facebook account, which certain impostors were portraying as him. Two weeks later, the Nigerian Army’s Public Relations Officer, Brigadier-General Olajide Laleye announced that the Chief of Army Staff, Lieutenant General K.T.J. Minimah, did not own a Facebook account or profile. Two high profile disclaimers in less than a month underscore the menace of social media impersonation, which also fuels online identity theft. It has also been reported that every hour, there are over 20 online impersonations of the popular artist, Wiz Kid. The increasing number of impersonations of Nigerian businessmen and celebrities generally, is generating cause for serious concern. In such scenarios, there are two victims: the person who is being impersonated and the innocent responder who begins an exchange with the impersonator, thinking he or she is dealing with the real person. These exchanges could lead to raised expectations and could result in the innocent responder parting with confidential information and/or money. However, it must be noted that this problem is not a Nigerian thing. It is global. Fake celebrity or impersonator accounts are also not uncommon. If you search for “David Beckham” on Facebook for example, there are several different accounts. And only one is the footballer himself, as verified by Facebook. Nature of OIT OIT is when an individual “knowingly transfers, possesses, or uses, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, or in connection with, any unlawful activity that constitutes a violation of the federal law, or that constitutes a felony under any applicable state or local law.” According to Chuka Ajuluchukwu, an Associate with Olajide Oyewole LLP, a commercial law firm based in Lagos, the pattern is for one person or persons (the impersonator/thief) to pretend to be another person (the victim). He
said the thief uses the victim’s name, nickname, alias, brand, handle, moniker among others to register an email address or on the various social media platforms such as Facebook, Twitter among others. He said the impersonator then begins to engage with third parties, pretending to be the victim, stressing that this has resulted in false job hopes being created, the spread of false information, requests for money and other less desirable requests. With regard to the criminals, he said business identity theft can be a multi-purpose tool to perpetrate, or perpetuate a wide array of identity fraud schemes, adding that the impersonation of a legitimate business not only significantly broadens the types of fraud that can be pursued, but also broadens the list of potential victims. Today, businesses could be impersonated through emails and websites. This could be achieved through phising (wherein a fraudster or scam artist sends an e-mail purporting to be from a financial institution or other organization.) and spam messages (adjudged to be very common in Nigeria). Other forms include; use of ‘contactless’ credit card readers to acquire data wirelessly from RFID-enabled passports; observation of users typing their login credentials; credit/calling card numbers among others into IT equipment located in public places (shoulder surfing); stealing personal information from computers using breaches in browser security or malware, such as Trojan horse keystroke logging programs or other forms of spyware; hacking into computer networks, systems and databases to obtain personal data, often in large quantities; exploiting breaches that result in the publication or more limited disclosure of personal information such as names, addresses, Social Security number or credit card numbers among others. According to Ajuluchukwu, targets are typically famous people in business, media, entertainment among others, adding that they are usually persons perceived to be of influence. The lawyer however, noted that targets could also be ordinary people. “There is really no hard and fast rule as to who can be a target. Once an individual is famous enough to gain massive followership and has goodwill in his identity, he automatically becomes a target. As we have seen these include sportsmen, artistes, actors, popular CEOs and others. Corroborating Ajuluchukwu’s stance, Jagun said what a potential hacker does is to first do a kind of profiling on the would-be victim, stressing that victims were mostly those who deal in online transactions using their credit
cards among others. “If you engage much on online deals, some people measure your frequency, profile you and send phony mails to you and if you are not careful, you may fall victim,” he stated. While urging Nigerians to be extra careful, the security expert said individuals must also be careful in not exposing their identification Pins. Besides, other things that could assist against falling victims include; monitoring social media; creating a social media account (open a social media account. Impersonators will only fill a vacuum created by your nonexistence online; to counter this, opening a social media account goes a long way. Registering variations of your name or business (as with domain names) on social media websites also helps to delimit impersonation as it further reduces the variances available to the impersonator); protect your information; validate the website; put out a public disclaimer; get your account (Twitter, Facebook) verified among others. What the Law says In Nigeria, laws in respect of social media impersonation are yet to be promulgated. However Ajuluchukwu stated that when one looks at country’s Criminal Code, one would see a few sections that may be applied. “If you look at Sections 108 and 109 of the Criminal Code Act of Nigeria, C38 2004, they provide that it is a crime to impersonate public officers and members of the Armed Forces. To the best of my knowledge these sections are yet to be interpreted by a court of law in the case of online theft. “One can however, argue in favour of its applicability. Another section we are closely looking at is Section 419 which provides for obtaining goods with the intention to defraud or finances under false pretenses,” he stated. Starting with efforts made by some of the social media platforms to combat this menace, Twitter, in 2008, launched a verification program, allowing celebrities to get their accounts verified. Originally intended to help users verify which celebrity accounts were created by the celebrities themselves, they have since been used to verify accounts of businesses and accounts for public figures, who may not actually tweet but still wish to maintain control over the account that bears their name. Facebook, in 2009, commenced its restriction on popular names and started reviewing applications from users for ‘reserved names’. Reserved names prevent impostors from using the names or even variations of the names of famous people.
Ajuluchukwu noted that each country is considering effective ways to deal with the problem. He said countries like the United Kingdom (UK) and U.S are ahead in this regard. For instance, he said on January 1, 2014, the California Senate Bill 1411 was passed into law and it offers protection against electronic impersonation, which extends to impersonation on social media and the Internet. Triggers and possible solutions OIT can be prevented if certain strict norms of transacting online businesses are followed. Although, stakeholder have said there is zero privacy of personal data, there are also multiple of peoples’ data that spread across agencies such as the Independent National Electoral Commission (voters registration); Nigerian Communications Commission (SIM card registration); Nigeria Identity Management Commission (National Identity Number) among others. According to the Chief Executive Officer of Secure and Trusted Alliance Services, Biodun Jagun, in Nigeria and globally today, a person’s name, age, personal details and phone numbers can be accessed by anyone for a fee. At such times, he noted, it is important to be extremely careful when divulging personal details in any online transaction. Jagun said one of the first things to do is to use only one credit card for online dealings, stressing that using multiple cards can increase the risk the exposure of personal details. He advised that people must ensure that emails are sent and received through secured and locked email boxes. Ajuluchukwu said: “There are no certain/usual triggers to online impersonation except for the advantages and possible financial gain to be illegally obtained by the fraudsters who impersonate the celebrities. Some impersonators are simply just being mischievous and mean.” But to the Product Manager, DataGroup IT, Dapo Salami, there is need to be sensitive to the environment, especially those people who deal in Internet Banking. He urged Internet Banking users to subscribe to the Short Message Service on their account for monitoring; stressing that people using public computers could pose a big problem. Salami enjoined people to avoid clicking on websites that they don’t know about so as not to fall prey. While urging Nigerians, especially Internet users to be more careful, he said even individuals would need to deploy anti-malware solutions on their systems, especially on their financial transactions and deploying two factor authentication solutions on gateways, such as the use of tokens, to safe guard transactions.
12
THE GUARDIAN www.ngrguardiannews.com
Monay, March 10, 2014
Politics PDP Governors’ Forum: Impact, failures of a rescue mission From Azimazi Momoh Jimoh, Abuja HE emergence of the Peoples Democratic Party Governors’ Forum (PDP-GF) a year ago attracted considerable attention due to the polarising activities in the polity at the time. Many observers saw it as a move to take the shine off the Nigerian Governors’ Forum (NGF) that was gradually taking the shape of an opposition forum then. But the founders of the PDP-GF described it as a rallying force for all governors of the party, in their bid to rescue the PDP and save it from collapse in the face of the series of crisis it faced. Before 2013, it somehow did not occur to the 23 governors of the ruling PDP that they would need to establish such a forum to project the focus of the party at the larger body of the nation’s governors. This was largely due to the fact that the party had produced previous chairmen of the NGF and had ensured its views were carried through at the forum. However, the crack in the rank of the 23 governors on one hand and the political differences between the Presidency and Governor Rotimi Amaechi of Rivers State made it impossible for the PDP majority in the NGF to continue to produce positive impact for the party. With Amaechi in the saddle of the NGF, the leadership of the PDP started viewing the forum more as an opposition tool; hence, the emergence of the PDP-GF. Though largely seen as a child of circumstance, the party defined the PDP-GF, headed by Governor Godswill Akpabio of Akwa Ibom State, as an idea whose formation was long overdue. The PDP insisted that it needed to organise itself and speak with one voice at the NGF and inter-governmental meetings. While inaugurating the PDP-GF, the former national chairman of the PDP, Alhaji Bamanga Tukur, told the body to unite its members and contribute towards the progress of the party. Similarly, the PDP-GF chairman, Governor Akpabio, stated that the job of the forum was to ensure unity of purpose among PDP governors even as he sounded a caveat. Akpabio said: “It (PDP-GF) isn’t to challenge the NGF. Rather, it is going to strengthen the forum because the PDP will be going to the NGF henceforth as a bloc, and as a major bloc that controls more than two-thirds of this country, not twothirds of government houses alone, but in terms of their population of supporting Nigerians. “We will not allow minorities to impose their ideas on us the majority. We will not allow NGF to be seen as a trade union to fight government. “We cannot be fighting the Federal Government; we are part of the Federal Government. Our job is to work with the Federal Government to initiate best policies for the interest of Nigerians.”
tional chairman of the party early in 2014. That appears its crowning glory, as peace is returning to the party with unexpected bounce.
T
OOKING back at the political situation in the Lmation last one year, it would appear that the forof the PDP-GF was a timely dose the party needed to apply since the Amaechi-led NGF was almost seen as an opposition element. Still, the emergence of the PDP-GF engendered internal opposition in the PDP. Having discovered that Amaechi was leading the NGF in a way opposed to the interests of President Goodluck Jonathan, the leader of the PDP, the PDP-GF midwifed the search for a consensus candidate among the governors of the North. Hours before the election, it announced the emergence of Jang, who was chosen at a meeting of the PDP-GF and the Northern States Governors’ Forum (NSGF), as its consensus candidate. But a connivance among some governors of the PDP with governors of opposition states ensured that Amaechi got 19 votes to Jang’s 16 votes at the election. A few governors walked out based on what they called a reversal of the NGF’s convention of selecting consensus candidates to lead it. After the disputed poll, the PDP-GF immediately rallied round the Jang faction of the NGF and continued to back it till date. A few PDP governors refused to belong to the
OR now, the PDP-GF’s main pre-occupation, acFsecretariat, cording to sources close to its Asokoro (Abuja) is to reciprocate Jonathan’s political
Akpabio Jang faction and the PDP-GF could not bring them back. This is a blow to the forum. Notwithstanding the growing internal wrangling within the PDP rank, the PDP-GF has shown itself as a buffer, providing the necessary balm to heal the wounds inflicted on the party by its members. Besides, it has been playing noticeable roles in the efforts at steadying the PDP out of the monumental crises that bedeviled it between August and December 2013. For instance, the influence of the PDP-GF was tested when Tukur invoked the party’s constitution to suspend Governor Aliyu Wamakko of Sokoto State from the party. It immediately intervened and within two weeks, it secured a reversal of the suspension and attempted to complete a re-integration of Wamakko into the party system. Governor Akpabio had told reporters in Abuja that the PDP-GF would work on all fronts to ensure that the then G-7 crisis, occasioned by the seven aggrieved governors of the party, was resolved. The governors included Rabiu Kwankwaso of Kano, Aliyu Babangida (Niger), Wamakko (Sokoto), Murtala Nyako (Adamawa), Amaechi (Rivers), Sule Lamido (Jigawa) and Abdulfatah Ahmed of Kwara State. Akpabio stressed that rather than lose members, the PDP-GF would ensure that others joined the PDP train. However, that promise of a united front at the PDP-GF became a tall order following the disposition of some members of the former G-7 Governors. After a series of meetings between them and President Jonathan, which also featured the PDP-GF as a body, it became apparent that five of the G-7 members had made up their minds to dump the party. ITH the departure of five of its members W to the All Progressives Congress (APC) and the loss of 37 members of the House of Representatives to the same party in 2013, the PDPGF and stakeholders in the PDP resolved that enough was enough. The forum reached out to the president and played a major role in the ouster of Tukur, who was seen, by many party members, as the stumbling block against a peaceful resolution of the crises. During the heated political struggle and campaigns for the chairmanship of the party, following the exit of Bamanga Tukur, the governors saw an opportunity to regain what they had lost in Tukur. It was full of drama and surprises! Even the President’s closest governor, Seriake Dickson of Bayelsa State, had ruled many other aspirants out of the race when the selection com-
mittee he presided over recommended a former House of Representatives Majority Leader, Mohammed Wakil and a former Police Affairs Minister, Maina Waziri. But the PDP governors, through the PDP-GF, were not ready to lose out, as they did during the political manipulation that culminated in the election of Bamanga Tukur as chairman of the PDP. At the centre of the issue that had always caused crisis between the PDP national chairman and the governors was the question of control of state political structures, which gave governors the opportunity to produce all members of the state executive committees. A commissioner in one of the PDP-controlled states in the Southeast, who is very close to his governor, disclosed that the PDP governors were so desperate to produce Tukur’s successor because of how they were treated under Tukur through the “arbitrary establishment of caretaker committees in place of the elected executives controlled by the governors.” So, for the first time in the life of PDP, a serving governor willingly accepted the emergence of a national chairman from his state, when Governor Yuguda nominated Mu’azu, his predecessor in office, as Tukur’s successor - a move described by President Jonathan as unprecedented. Perhaps, having ensured that one of its former members took charge at the helm of the PDP, the PDP-GF should expect more bounce. Akpabio expressed such optimism at the PDP emergency National Executive Committee meeting that ratified Mu’azu’s appointment. He said: “This time around, I think the national chairman has started well. This is the first time we are getting a chairman and the person who is proposing his nomination is his home state governor. I think this is very uncommon, extremely uncommon, Mr. President. “I must state the fact that the governors are ready to cooperate with the new national chairman. Be assured of our cooperation; we don’t want to lose more governors; instead, we want to gain.” The party has been rebuilding following Tukur’s ouster. It has also rewarded the PDPGF with the elevation of some of its members to the national caucus last year. Those elevated included Akpabio, Governor Theodore Orji of Abia State, Gabriel Suswam (Benue), Isa Yuguda (Bauchi), and Dr. Emmanuel Uduaghan of Delta State. The PDP-GF also demonstrated a will power when it played positive roles in the emergence of Alhaji Adamu Mu’azu as new na-
gesture in allowing the PDP governors produce Muazu as chairman of the party. Thus, the PDP governors have perfected plans to fulfill their part of the political agreement they reached with President Jonathan on the eve of Mu’azu’s enthronement as PDP chairman. It was learnt that in their bid to avoid having a party chairman that would not end up hurting their political interests, the PDP governors decided to stay united in diplomatically preventing the president from installing a chairman of his choice. Among other issues, the governors agreed to collectively work for the second-term bid of Jonathan, but first, they must be given the opportunity of producing the chairman. Under the umbrella of the PDP-GF, the governors were also to begin immediate and serious preparations in their various states, for the eventual declaration of interest by the president to seek a second term in office in 2015. A source in the forum hinted that before April 2014 (next month), a massive campaign that would culminate in the declaration by the president would take shape in most of the PDP-controlled states. In a subtle defence of this arrangement, Governor Akpabio had explained why Jonathan required a second term. He said: “We urge Mr. President to go back for a second term in office. We believe strongly that the transformation agenda that he has put in place in Nigeria, in the power sector, in agric sector and other sectors will deliver good dividends of democracy to Nigerians and will lead this country to a higher level and that is why Akwa Ibom took the lead.” Akpabio also restated his loyalty to the President, pointing out that it was imperative that members of the party in his state accord him (Akpabio) similar respect. “I am here, very loyal to the leader of the party at the national level, Mr. President, and you can all attest to that and I don’t make pretences about it. So, I will expect the same loyalty to be extended to me at the state level.” Nonetheless, the governor cautioned Mu’azu and the PDP NWC against the danger of tolerating politicians whom, he noted, had no grassroots support. “Mr. National Chairman, one of the things you should watch out for, not just from Akwa Ibom but from all the states, is the ones they call Metropolitan politicians, who come here with stories and they will tell you they can deliver everything; that they own the whole state,” Akpabio said. “They will tell you to forget the governor, forget chairmen of councils and forget everyone, that they can deliver everywhere. First, look into their history and find out where they have delivered before because some of them cannot deliver even their families. “We are not the kind of politicians to come with elders, who had been Ambassadors or who had been High Commissioners to the United Nations. Those ones, they don’t win election anywhere; they only win offices of the United Nations.” Akpabio said the party could only win in 2015 if members concentrated attention in the grassroots. “For us to win the presidency, we need the grassroots. Elections are done in the wards, in the villages and in the chapters. Elections are not done in offices, in NWC in Wadata House (Abuja) neither do we do elections in the Villa. “So, those who have access to the Villa and who have access to the offices here are not necessarily those that will get the votes that will put PDP in power in 2015.” On the need for complete loyalty, Akpabio said: “One thing I know about in party politics is loyalty. You cannot be disloyal to the leadership of the party and the system and expect to come through the window to take power. It is impossible and that is what the NWC must help us to work against.”
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 POLITICS 13
Why I returned to PDP, by Anyanwu From Bridget Chiedu Onochie (who was in Owerri) WO-TERM Senator, Chris T Anyanwu (Imo East) has formerly dumped the All Progressives Grand Alliance (APGA), the platform on which she contested for her second term, for the ruling Peoples Democratic Party (PDP). One of the reasons she gave for making a U-turn was to lend her energy and strength to those of her fellow members to rebuild the PDP and make it stronger, more viable and rightly positioned at the centre of affairs, not only in Imo State, but also in the country at large. According to her, Imo State has no business being on the periphery of national politics but right at the centre. “This is the right time to return home, because sitting in the chamber (Senate) where I sit, I didn’t realise the kind of feelings I have for PDP,” she said. “I was hurt watching PDP being plummeted like that. I just made up my mind at that time that ‘it is time to go home.’ “We are back, Mr. Chairman, to lend our energies and our strength to your energies and strength to rebuild PDP and make it strong, viable, on top and centre in this state and in this country.” The welcome-back ceremony into President Goodluck Jonathan (second left), former Imo governor, Chief Ikedi Ohakim, Senator Chris Anyanwu, Senator Ifeanyi Araraume, and former Governor Achike Udenwa… at the the PDP was a carnival of some sorts. rally in Owerri. The ‘returnees’ included Anyanwu, former governor of Imo State, Chief home-coming for me and for all of ples, rule of law and inclusiveness. sitions, to note that power comes other parts of the world, decided to Achike Udenwa, Senator Ifeanyi Ara- us.” back home.” He said: “If you talk about promo- from God, admonishing them to come raume, Chief Mike Ahamba, as well The PDP BoT chair, Chief Anenih, Recall that countdown to 2011 tion of democratic principle, rule be willing to support any member as Chief Cosmos Iwu. general elections, Senator Chris of law and inclusiveness, you don’t that is considered the best option prayed for a united PDP, noting that PDP faithful from across the South- Anyanwu, twice won the primaries need the money bags to guide you. for the party. once members of the party were east and South-South geo-political of the PDP for the Owerri senato- All you need is to be yourself. “I want to appeal to all those who united and imbibed the spirit of zones of the country converged on rial district; and twice she was de“If you talk about stability, the are aspiring for any position in give and take, “they will get to the state to celebrate the reunion. nied they want to.” the ticket. party has not changed in any form. Imo State and indeed, in Nigeria in where On hand to welcome them were “I welcome all of you and I want to It was as a result of the injustice This is the only party that can be in our party, to know that this is the President Goodluck Jonathan and meted out to her that she decided unity; that believes in rule of law; dawn of a new era,” Mu’azu said. say clearly that unless we are united Vice President Namadi Sambo, the to seek refuge elsewhere and fi- that believes in democracy and “We are going to ensure that only and ready to work together, we will National Chairman of the party, Al- nally pitched her tent with the that Nigeria is one. our first 11 are presented in any take the risk of making another mishaji Adamu Mu’azu and Chairman, APGA, where she won the election. “The time to join us is now; the election. We are going to present take and God forbid,” he said. PDP Board of Trustees, Chief Tony However, as she formally declared party is open to everybody. It is the only the best and once we present To the returnees, Anenih said: “To Anenih. for the ruling PDP, the only bridge party that believes in justice and you, you can be rest assured that appreciate your genuineness of Also in attendance were other party between her and the party seat in equal right. For us, Imo State PDP you will win that election. coming back to your party, you have bigwigs, including the Senate Presi- the Senate is the pending court has come to the level where every“I want to appeal to those aspir- the entire leadership of PDP here, dent and his deputy, Senators David case that would determine body has to preach equal right; ing to contest for any position to ably led by the President of Nigeria Mark and Ike Ekweremadu, respec- whether she has genuine reason to there is no discrimination.” know that power comes from God. to receive you and welcome you to tively; PDP governors and as women leave her former party and move big family.” “The day we do our primaries, I our To the PDP Chairman, Alhaji and youth groups from various to another without losing her seat. Mu’azu, it’s a regret that the party want you to put your heads toFor Senate President Mark, it was all states of the federation. lost in that last general elections to gether and work for the interest of joy to have Anyanwu back on the A pre-rally activity was Anyanwu’s T the main ceremony of the day, the APGA, as a result of internal the party. side of PDP in the red chamber. visit to the PDP state executive, According to him: “There is no the arrival of President wrangling “Our party is a prepared home for in Imo. where she confessed that things Jonathan and his large entourage But he assured: “Imo is PDP and each and every one of us and our harm in missing a step but when truly went wrong with the party at a at the Dan Anyiam Stadium, Ow- PDP is Imo. Since the arrival of this pot is big enough to feed each and you miss a step and you realise and point but that they had all learnt erri, signaled the commencement democratic dispensation, PDP has every one of us. If you cannot be trace it back, then, you are a good from their mistakes. of the event. won all elections in the state. anything that you choose to be to- person.” “We hope we have all learnt the les- Many of the dignitaries took turn there is tomorrow. “Unfortunately for us, due to in- day, N response to the goodwill messons of our past mistakes,” she said, to eulogies the party and welcome ternal wrangling of our members, “I will therefore appeal to you to sage, Senator Anyanwu admitted adding, “never again would we go the returnees. we were unable to retain the lead- collaborate with one another to back there and do those things that In his remarks, Jonathan formally ership of the state. Even the gover- ensure great success for the party.” that it was, indeed, good to be made us wobble.” welcome the returnees, whom, he nor of the state today was a Mu’azu reminded members and home. She said her coming back to the “Hereafter, we hope that our expe- said, became angry at a point and member of PDP. those that cared to listen that, rience, what we have learnt out of stepped aside but had stepped “Therefore, I want you to know “when you decided to make me PDP was to join forces with others in this experience will strengthen us to back into the party. that it was the fallout of internal your chairman, I told you that rescuing Imo State for the party. “We are ready to join forces with now pursue and fulfill the mission The president described Senator wrangling that we were unable to other parties are poaching our of the PDP as not only the strongest, Anyanwu and others as great men retain the government house, Ow- party but that we will retaliate by our brothers and sisters under the the largest and the most viable but and women, whose political worth erri.” poaching back.” large umbrella of PDP to rescue also, the party that has all the could not be undermined by the “Not only will we poach our mem- powers from the confused, decepMu’azu said that with the restrength, the compassion and sense people of the state. turnees and “with other members bers back, we will poach theirs to tive and misguided adventurers of justice.” “These are great men and women. of our dear party in Imo State, we our side and I am sure you have who have aborted the people’s “Imo State has no business being Imo State knows their worth in the are going to show to the world that seen our handwork already,” he dream for a more promising and assured future,” she said. on the periphery of national poli- politics of the state. Without them, Imo is ours. We will sweep in all said. “We have returned home and I tics. We must be at the centre where there is no politics in Imo State subsequent elections to come, by “Our visit to this stadium, where we belong. We must return Imo and they are here with us,” he said. the grace of Almighty God.” the number of people outside dou- hope that nothing will stop us.” Anyanwu nostalgically told PresiState to its rightful position.” Thus, he called on the people of He used the occasion to appeal to bled those inside, is to receive our Admitting that it was a new day, the state to join the PDP as a party party members, especially those members that veered to see the dent Jonathan that it was good to be Anyanwu prayed that, “we will max- that promotes democratic princi- that are aspiring to contest for po- world and seeing nothing good in back home, not alone but with a large number of supporters from imise this new spirit, lest, what you the opposition parties. are going to see is a whole flood of “I have come home with thousands new members buying into the hope of APGA members, including 27 lothat things will be better.” cal government chairmen, half of She said: “We have to maximise on the State Exco, over 800 APC memit and make it a better hope for all. I bers from my local government want o say that with what I have alone,” she said. seen, there is absolutely no question “The children of Imo have decided that the Imo Government House to come under one roof. I have will be regained by PDP. brought the children of Imo State; “Nothing is stopping us. Nothing PDP should open its hands and rewill stop us unless another catastroceive them. It should not let them phe happens and it would not haprun away again.” pen. This is a wonderful
A
I
If you talk about promotion of democratic principle, rule of law and inclusiveness, you don’t need the money bags to guide you. All you need is to be yourself.If you talk about stability, the party has not changed in any form. This is the only party that can be in unity; that believes in rule of law; that believes in democracy and that Nigeria is one.The time to join us is now; the party is open to everybody. It is the party that believes in justice and equal right. For us, Imo State PDP has come to the level where everybody has to preach equal right; there is no discrimination.
TheGuardian
14 | Monday, March 10, 2014
www.ngrguardiannews.com
Conscience Nurtured by Truth
FOUNDER: ALEX U. IBRU (1945 – 2011) Conscience is an open wound; only truth can heal it. Uthman dan Fodio 1754-1816
Editorial Let Gowon go on with one Nigeria REWA Consultative Forum (ACF’s) recent call on politicians not to endanA ger Nigeria’s democracy and directive to some of its officials to help government resolve the retarded development of the North and seek viable nonoil economic sustainability of the region, is ordinarily a harmless and justifiable idea. Former Head of State, Gen. Yakubu Gowon, who is the chairman of the ACF Board of Patrons, had stated at the inauguration of the new ACF leadership headed by former Inspector-General of Police Ibrahim Coomassie, that for the country to develop all northerners and Nigerians must support the fight against all forms of insecurity. He was quoted to have said inter alia: “We believe the situation is not beyond redemption and so should not be allowed to set a new national agenda of reconsideration of our unity and nationhood...The difficult times should spur national grandeur; bring about good leadership and the best in every one of us, instead of the current hype in ethnic nationalism and religious bigotry that seek to promote cleavages that are self-destructive.” In its fine oratory and carefully worded admonition, Gowon’s remark could not have expressed the desires of many well-meaning Nigerians better. It is timely and relevant, at once re-assuring and motivating, especially when the build-up of disenchantment enveloping the polity is considered. Gowon’s remark is also an expression of concern, if not worry, of one who has seen the good, bad and ugly of this country. By electing to disperse his missive under the aegis of ACF, an ethnic coalition in which he is a chieftain, however, Gen. Gowon given the circumstance of acting, has merely validated ethnic nationalism, and thereby indirectly negated the very Nigerianism he was supposedly espousing. In that single instance, a monumental contradiction took place: Wearing the garb of an ethnic chieftain while dishing out preachments about a united Nigeria, Gowon’s beautifully rendered sagely message was contradicted by the platform on which he stood to deliver it. This gesture brings out what is truly definitive in Nigeria’s present state of affairs, namely the phantom unity of the multiplicity of nations that make up Nigeria, and the absence of ‘Nigerianness’ in everyday life. It reinforces the perception that what is real about Nigerians’ collective existence is not the eloquent philosophy about an abstract idea called Nigeria, but the ethnic closet all run to when the chips are down. Such bodies as ACF, whatever their good intentions or plans, seem to enjoin Nigerians to accentuate their ethnic diversities and differences, harness their strengths, if any, before they could appreciate their Nigerianness. In other words, they give muscle to the already entrenched principles of Federal Character, Quota System, and others which are a direct acknowledgement of all Nigerian people’s ethnic sentiments. But what is wrong with this, many may want to ask? Nothing, maybe. But in Gowon’s case, his existential state as an individual who has a historical root notwithstanding, he has been endowed by circumstance and history with the attainment of a position that is symbolically above the intrigues in governments as well as ethnic patronage. As a former head of state, he has attained a statesmanlike height and pedestal of influence and experience whereby the roadmap for national reconstruction could be crafted from his public utterances. Such utterances are, however, only as significant as the podium on which he makes them. By the way, even caught in a seemingly clannish grandstanding, Gowon, like many ACF leaders, is merely verbalising the need to integrate Nigeria but without the strategies or a demonstration of the will to get about it. In so far as security issues are concerned, he and the ACF chieftains are hiding their heads in the sand, rather than walking the talk by visiting Maiduguri and other parts of the North-East to ascertain for themselves the horrendous gravity of the insurgency and senseless killings going on in that region of the country. More important, for the sake of the volatility of Nigeria’s political terrain, former heads of state like Gowon, should be careful with the public utterances they make and refrain from venturing into ethnic association on membership. Former chief justices of the federation, armed services chiefs and inspector-generals of police also belong in this group. Given their political attainment in society, and the tendency for their partisan status to be misinterpreted by the public, they should maintain a graceful distance from any form of clannishness. More than ever, today, Nigeria needs a caravan of statesmen who would continually embody the unity of the country and, with their presence alone, render both the admonition such as Gowon’s and the platform on which he made it unnecessary.
LETTERS
Before anyone castigates Sanusi with the government if he
God weighs our sins before telling us where we would eventually belong. I am glad go ‘anti-’ especially when most he did not have a permanent that Sanusi’s only sins are his people find it fashionable to default setting to oppose the advocacy for fuel subsidy government for political rea- removal as well as his ‘reckgo ‘pro-!’ But, mark you, sons.” less’ donations. Do your whether you hold Sanusi On a lighter note, if you are a homework, you might find angelic or satanic, Sanusi’s believer in God, and in mesout you’ve got far more sins! suspension by President sianic eschatology, you might •Mohammed Aminu, Jonathan cannot be downwant to remember that even Yola. played, just so easily, with bureaucratic (read: hypocritical) verbiage! Sanusi supported the removal of fuel subsidy in as a senior faculty member, IR: I refer to a news story January 2012. He was suspendand was at various times with the title “PDP, APC, ed by Jonathan for whistleDirector of School others disagree over CBN blowing in February 2014. Development, Director of the gov’s suspension”. Which How do these compare? If you appeared in your edition of Centre for Applied Economics ask me, the case of fuel suband a member of the manageThe Guardian on Monday, sidy removal is one that is February 24, 2014, credited to ment team of the school. He clearly opinionative and still Seye Olumide, Azimazi left voluntarily in 2007 to puropen for debate. The case of sue his interest in serving the Momoh Jimoh, Abiodun Sanusi’s suspension is not country through participation Fagbemi, Alemma Aliu and even debatable. How do you Charles Gyamfi. in politics. make sense of the suspension The story on page seven Lagos Business School, a of a public officer on account reads: “For renowned econoschool of Pan-Atlantic of not being a party in mask- mist, Prof. Pat Utomi, Sanusi’s University, is owned by the ing corruption in astronomi- original appointment was a Pan-Atlantic University cal proportions? “huge mistake.” Reacting to the Foundation, a Nigerian notMy great uncle, Dr. Raji suspension of the controversial for-profit educational foundaBello, caught it perfectly when apex bank chief in a chat in tion. he wrote that “the fact that Dr. Enase Okonedo is the Abuja, the director of Lagos Sanusi sided with the Dean of LBS, Professor Juan Business School said Sanusi President, Minister of should never have been appoint- Elegido is the Vice-Chancellor Petroleum Resources and ed as a CBN governor in the first of Pan-Atlantic University, Minister of Finance on subsidy place.” while Dr. Christopher Kolade removal in 2011 is not a minus I write to clarify that is the Pro-Chancellor of Panfor him but in fact, a plus. It Atlantic University. Professor Pat Utomi is not a shows that his positions on • Amaka Odunze, director of Lagos Business the economy and governance School. He joined Lagos Head, Corporate are principled and he can side Business School (LBS) in 1994 Communication, I understand that for Sis toIR:some, to be unconventional believes it is the right thing to hold an opposing view; to do. It is strong evidence that
Utomi is not LBS director
S
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
15
Opinion For Jonathan, it’s res ipsa loquitur By Chuks Akamadu ICK-TACK…tick-tack says the third hand of T the wall clock in my living room. As it ticks away, seconds roll by – and so do minutes and hours. Ditto days, weeks and months. The waiting game continues with the depressing anxiety that comes with it. A nation waits with bated breath! The consolation, however, is that verily verily, my Bible tells me, there is time for everything: a time to be born and a time to die; a time to sow and a time to reap; a time to laugh and a time to cry. Which simply means that there is no gainsaying that shortly, it will be time for President Goodluck Jonathan to do the needful: heed the call to serve his people, once more, for another term of four years. When this happens, he won’t be lonely in this class. Instructive! Gratifying, too!! Nigeria’s first Executive President, Alhaji Usman Aliyu Shehu Shagari had his four-year mandate renewed on October 1, 1983. Former President Olusegun Obasanjo also enjoyed a second term of office with his swearing in on May 29, 2003. But what will distinguish President Jonathan from these two predecessors of his is that his campaign model is markedly different. Whereas Presidents Shagari and Obasanjo had to rely substantially on heavy financial war chest, public relations stunts, vigorous campaigns, immoderate propaganda and fierce counter-propaganda to cart away the Presidential Prize a second time respectively, President Jonathan’s, in contrast, will be a classic case of Res Ipsa Loquitur (a Latin maxim meaning “the fact speaks for itself”). This, unknown to many, is the reason for the desperation in the opposition camp. It also explains, in large parts, why the opposition
would rather rake up mud than provide alternative policy routes. Whilst Mr. President’s detractors wishfully seek his ruin, he appears to be several steps ahead of them. Smart Alec of some rare sort! Talking very little viva voce but somewhat loquacious through performance. To be fair to the opposition, they appear better acquainted with the inherent political capital in both semantics and showmanship. Sincerely, it won’t be an act of generosity to grant that the All Peoples Congress (APC) for instance seems to have a better understanding of what a party symbol ought to be than the ruling Peoples Democratic Party (PDP). In broad terms, party symbols are on the one hand a depiction of the sacred union between a party man or woman and their party and on the other hand and the visual image that connects a party with its external publics. We have to concede it to APC that they, unlike the PDP, utilise theirs for maximum benefit. For example, an APC gathering of broom-clutching 1000 members will among other things appear at least double the number and intensely interactive. Additionally, the razzmatazz that is associated with their usual broom road-show is emotionally appealing and enables non-partisan elements to bond effortlessly with their party. Call it what you like, it fetches the party some positive outcomes – however unearned. Maybe this is an assignment for the PDP brand management team. The good news for Mr. President and his party is that when the chips are down, a GEJ nationwide campaign would be a mere formality; for, the fact will speak for itself. Fore-
most, there will be a near unanimous acknowledgement of the fact that the Transformation Agenda he unwrapped on May 29, 2011 was a product of critical thinking by a deep, scholarly and painstaking mind; which has now borne impactful fruits. By the time the stage-managed hysteria in the land fades away and sentiments vanish, Candidate Jonathan’s sterling accomplishments will do all the canvassing of votes for him. Some call it good luck, but I call it good luck in hard work – anchored on an untainted motive! Beat this if you can!! One fact that will speak for Candidate Jonathan is the rehabilitated Western Railway Corridor; Lagos-Ibadan-Ilorin-Zaria-Kano with branch line from Zaria-Kaura-Namoda. Similarly, the 12 revitalised River Basin Development Authorities under the Jonathan administration will also speak eloquently for him. In 2011 alone, Mr. President’s footprints on the sands of time included 1,250 units of completed houses through public private partnership (PPP). 2012 witnessed an additional 504 completed housing units. As the opposition prepares for war of words, the Almajiri Education Programme commissioned by Mr. President in Sokoto in April 2012 will do all the talking for him within the Caliphate. There is also no better campaign material than the 102 Almajiri schools completed in December 2012, even as additional 400 schools have been scheduled for completion by 2015. In the same vein, 104 Unity Schools cannot wait to bear witness to the $250,000 each of them received for the rehabilitation of their science and technology laboratories under the Jonathan administration. Lest we forget,
interventionist programmes such as SURE-P and YouWin will naturally command the votes of its direct and indirect beneficiaries just as the Petroleum Industry Bill (PIB) is a trump card within the oil and gas community. To GEJ’s credit also, the nation has started reaping the fruits of his labour in the power sector even as the over 500 kilometre Kano-Jigawa-Potiskum-Damaturu-Maiduguri dual carriage way fairly captures his transformational strides in road infrastructure. These are not campaign promises; they are promises kept…they are targets met – and in some cases exceeded. They are Res Ipsa Loquitur! What is more, the transition agriculture made from being a vocation to being a business is also a testament with huge electoral value. It is becoming increasingly likely that the Jonathan campaign model will soon compel international attention, as it enjoys a solid empirical basis and provides a template that can be adapted to suit other African societies. Its underlining philosophy is that effective campaign for re-election actually commences on the day the leader takes their Oath of Office by way of religiously redeeming all campaign pledges. With vision, sharp focus, the right team in place, a statesmanlike disposition and an eye on the ball, milestones will be attained and the collective cause of the people advanced. When this happens and elections come, it would be the obligation of the people to say – through their votes: this is neither time to apply breaks, nor time to change gear! When they are asked why? They will tersely answer thus: Res Ipsa Loquitur! • Akamadu is Managing Director, Afrocultour Limited.
Taming the shrew of elective dictatorship By Alade Rotimi-John N un-refreshing paradox stares us glumly in the face. Since A representative government debuted in Nigeria under the 1922 Clifford Constitution with elections into the Legislative Council, never has a government possessed more power than it has today. Never has it spent more money, unable to find employment for a large army of people, imposed so many regulations, raised so much in taxation or operated in so many spheres, etc. Yet, at the same time, never does it seem to have commanded so little respect, achieved so few successes, exacted so little loyalty, and perhaps imposed so low a standard of obedience. There is today scarcely an institution or attitude which does not come in for criticism; hardly a policy in which there is not a demand for reform. So we reckon it is time to examine one by one the structures which have given rise to this baffling paradox. Whereas the grundnorm or basic law of the land is the Constitution of the Federal Republic of Nigeria and the various acts of the National Assembly by which the prerogatives of State have been modified or extended, the legal powers of government are virtually unlimited. The limitations to the exercise of governmental powers are moral and political and are the result of conscious restraint or of a virulent or vibrant public opinion or criticism. In theory, parliament [or the Assembly of elected representatives of the people] is supreme. There is nothing legally it cannot do. It can prolong its own life. It can take away the lives or liberties of fellow citizens even without the semblance of a fair trial. It can confiscate property. It curiously can ratify a military putsch or take-over. And all these and more in spite of the limitations expressly imposed by the Constitution. Elective dictatorship as a system of government may appear far-fetched or deemed a contradiction in terms. A long line of dictators from Pi[e]sistratus [“Tyrant” of Athens 561-627 BC – a reportedly benevolent despot under who the city was said to have developed culturally and economically and the farmers of Attica prospered abundantly] to Hitler or [to cite a contemporary local example] Mugabe have begun by being elected or, like Henry VIII, have used parliaments or referenda to justify tyrannical rule. The forms of democracy may long endure [as they did under the Roman principate] long after the reality has disappeared. When a government is indoctrinated or intoxicated with the false political doctrine or belief in its invincibility or a divine right to rule or when it is perpetuated in office by shifting or unprincipled compromises, the expression,”elec-
tive dictatorship” is not only apt or appropriate but contains within it an element of the danger or warning signals of the ominous situation that lies ahead. Our National Assembly is dominated or bestrode by the PDP behemoth and by two or three other parties. Broadly speaking, the same is true of constituencies where the vote of the electorate for or against particular candidates is determined by the colour of their affiliation or creed, and only to a limited extent by proven achievements or track record, sterling qualities or impeccable personal character. Someone has observed, long ago, that it is no good complaining about this as if it were an abuse. It is said to be inherent in the system of government that we practise. It is the only way, it is argued, that coherence and consistency can be accorded the practice of politics. Collective decisions of policy and political principles attributable to parties are regarded as the only means by which the electorate may exercise control over what goes on in the assemblies of their elected representatives or a significant choice on broad public issues. But while we have received unsolicited tutoring to the effect that it is no good complaining of the fact, it is valuable and necessary to investigate how candidates are chosen by their parties, in what manner members are elected by the voters and, how their powers are exercised once they resume work. The results of such an inquiry are not altogether amusing or re-assuring. The selection of candidates is, of necessity, in the hands of a caucus. We have no system of primaries here [or where a rickshaw semblance is touted, its rules are flagrantly or insouciantly abused or observed in the breach]. The caucus, consisting of a tiny or microscopic minority of the electorate [or in cases where a leader is the symbol or motif of his party] has disproportionate amount of power. More often than not, selection in the parties goes to the highest bidder, the test being the amount of money he is prepared to give to fund his election expenses and for oiling the campaign machine of the party. Although an applicant for selection may be personally acceptable, he may have to offer amounts in the range of millions of naira. He has no prospect of selection unless he can fulfil that requirement. Party chiefs now consider it quite an ordeal for a contestant to go through the rigour of democratic approval by the Ward, LGA, State, etc, selection committees and party executives. All these committees, it is fiercely but invidiously argued, are subject to fancies, vulnerable to cliques and feuds and, like all party activists, occasionally favour extremes of one sort or another. So the facile choice is in seeking refuge in the solution offered by the prescription
of powerful cabals or power brokers at the topmost level of the party. It is often the case that applicants for elective positions in local councils look up for their salvation or their eventual or probable nomination to the “national leadership” of their parties. The matter of who gets the nomination of the party is settled or disapproved by a list emanating from the “source” that all members recognise as the legitimate power fount of the party. Local party chiefs have become strangely ineffectual or have been rendered irrelevant even in matters concerning the choice of party flagbearers in their local communities. It is claimed as achievement for the muchtouted “supremacy of party leadership” the death knell on local irredentism or “undue radicalism.” We submit here that the professional politician should be the exception rather than the rule among Assembly members. Many reasons outside the requirement for prudence on governmental expenditure and other overheads can be adduced for the social necessity to restrict Assembly members to a part-time regimen respecting their law-making and oversight functions. The workload can be conveniently spaced such that the honourable members can attend to the pressure on parliamentary time through extended sittings over a short period of time. Intensive transaction of House business by standing committees, who may number fewer than 10-15 members meeting at their own convenience outside of plenary sessions is a sure magic wand to stem the tide of diminishing discussion on the floor of the House. Parliament must be schooled in the advantages of doing less work. The panacea for an excessive burden of work is not to hurry through more work more quickly but to actually do less but intensive business. This, in our situation, could be achieved in three broad ways. The first is reducing the total quantity of legislation and seeing that it is more fully, more intensively discussed. The second is by devolving on lower tiers of government work which is now done of necessity by the National Assembly. The responsibility for the order and good government of the FCT, for instance, curiously resides in the legislative domain of the self-distracted or selfabnegating National Assembly. The third will be to reduce actual number of members of the National Assembly to correspond with the suggested lower volume of work and to reflect the requirement for a less unwieldy assemblage of representatives. This will reduce the number of speeches [much of which are un-inspiring or trite] and the amount of time wasted in repetitive or hollow debates; in un-refreshing rhymes or awrypantomime. • To be continued tomorrow. • Rotimi-John, a lawyer and commentator on public affairs, contributed this piece from Abuja.
16 | Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Opinion From ashes of war, seeds of peace By Ban Ki-moon HAT was once the biggest United NaW tions peacekeeping operation in the world winds down this month, and the most extraordinary part of this historic development is that international troops are not the only ones departing the country – nationals from the once war-ravaged nation are donning blue helmets as they deploy to serve with the UN in other troubled parts of the world. Sierra Leone used to be synonymous with brutality. The savage, decade-long war there was marked by appalling atrocities against civilians. Shocked into action, the world responded by backing a series of United Nations peacekeeping and peace operations. In the process, the international community paved the way for breakthroughs that will resonate far beyond Sierra Leone for years to come. We must give full credit where it is due: the peace I witnessed at the closing ceremony in Freetown this month is first and foremost an accomplishment of the Sierra Leonean people, who showed tremendous resolve to heal and rebuild. The UN is proud to have supported them – and we thank them for proving our value. Sierra Leone saw many UN “firsts”, hosting
Other countries now mired in fighting, divided by hatred and wounded by atrocities, can draw hope from Sierra Leone. Its resilient people have given peacekeeping their greatest possible vote of confidence by sending troops to serve where the UN flag flies today. They understand that national goodwill backed by international support can enable even the most devastated areas to enjoy lasting peace. the UN’s first multi-dimensional peacekeeping operation with political, security, humanitarian and national recovery mandates. The UN Peacebuilding Commission made its first-ever visit to Sierra Leone. Our final mission there was led by the first senior UN official heading a unified political and development presence. The United Nations was proud to help set up the Special Court for Sierra Leone – making it the first country in Africa to establish, with UN participation, a tribunal on its own territory to address the most serious international crimes. When the Special Court closed last year, it was the first of the UN and UN-backed tribunals to successfully complete its mandate. The Special Court’s sentencing of former Liberian President Charles Taylor was the first conviction of a former Head of
State since Nuremberg – sending a stern warning that even top leaders must pay for their crimes. Other trials saw first-ever convictions for attacks against UN peacekeepers, forced marriage as a crime against humanity, and the use of child soldiers. These breakthrough accomplishments added to a solid record of achievements. UN blue helmets disarmed more than 75,000 ex-fighters, including hundreds of child soldiers, and destroyed more than 42,000 weapons and 1.2 million rounds of ammunition. The UN assisted more than half a million Sierra Leonean refugees and internally displaced persons to return home and supported training for thousands of local police. The UN helped the Government to combat illicit diamond mining that fuelled the conflict, and to establish control over the affected areas. With the UN’s help, Sierra
Leone’s citizens voted in successive free and fair elections for the first time in their history. The UN Integrated Peacebuilding Office helped Sierra Leone to consolidate progress, addressing tensions that could have caused a relapse into conflict while strengthening institutions and promoting human rights. It helped the Government to bolster the political process, emphasizing dialogue and tolerance, and further strengthened the national police, even supporting the establishment of the first Transnational Organized Crime Unit in West Africa. Our final mission is departing Sierra Leone but a United Nations country team will remain until long-term development takes root, supporting good governance, quality education, health services and other essential conditions for progress. Other countries now mired in fighting, divided by hatred and wounded by atrocities, can draw hope from Sierra Leone. Its resilient people have given peacekeeping their greatest possible vote of confidence by sending troops to serve where the UN flag flies today. They understand that national goodwill backed by international support can enable even the most devastated areas to enjoy lasting peace. • Ban Ki-moon is the Secretary-General of the United Nations.
Remembering AkogunOlusegun Okeowo By Tayo Popoola O much has been said and written in honour and memory of Sseveral Late Akogun Olusegun Okeowo since his passage to glory, by people and groups across various divides of our national life. But the tributes will be incomplete without a mention by us former pupils of Adeola Model School, Offa, a privately owned nursery and primary school, with boarding facilities that was established in 1960. Adeola Model School is the oldest privately owned nursery primary school in the whole of former Northern Nigeria where Segun Okeowo taught between 1967 and 1970. Akogun was the face of student unionism in Nigeria, having led the battle to make university education accessible and affordable for the masses of Nigerian students of that time. He was a war general as the title of Akogun conferred on him by his community in Ogun State depicts. He fought his battles not with guns and grenades, but with strategic ideas to improve the quality of university education in Nigeria. Indeed, he was the “Mandela” of student unionism in Nigeria for which he paid the supreme price and sacrifice, having faced expulsion from the University of Ife after leading the “Ali Must Go” revolt against the then military junta. He was bent but not broken and with the generosity and support of Late Chief Gani Fawehinmi (SAN), fought the legal battle that led to his victory and subsequent pardon by the civilian government of Shehu Shagari to resume his undergraduate studies at the University of Lagos after an interregnum of almost four years. Mr. Segun Okeowo, as he was then known to us at Adeola Model School, was “número uno” among several teachers who taught us in those years of our early childhood. He developed and nurtured his leadership skills using us his pupils, as “guinea pigs” in his leadership laboratory. He was several things combined together. A Teacher, Games Master, Scout Master, Poet, Playwright and Drama Teacher, Composer among many others. As a young teacher then in his mid 20s, he sacrificed his time and pleasure to inspire and impart in us the values of hardwork, integrity and discipline for which our school was known. Following closely in the footsteps of our proprietress, late Chief Mrs Adeola Adesiyun, after whom Mr. Okeowo named his grandchild and daughter of Mrs Dele Womiloju, an ex-pupil herself, Miss Adeola Womiloju, Akogun’s love for Adeola Model School and her pupils knew no bounds. He gave his all to us and sacrificed his comfort to make us excel in learning and character. Mr. Segun Okeowo taught the senior classes and used to great effect the early morning mental exercises whereby pupils were drilled for the first few minutes of school day in Arithmetic and English quizzes, which made us to always be prepared and alert. He composed the school’s anthem that is still being used till date just as he made us even in our young ages to memorise and act some of Shakespeare’s classic works like Julius Caesar and Macbeth among many others, some of which were staged at various official state events. Mr. Okeowo was a disciplinarian of the
highest order and never compromised when it came to the discipline of erring pupils. Just as our Late Mama Adeola Adesiyun, he used the cane with great dexterity in obedience of the biblical injunction of “sparing the rod to spoil the child.” He was very punctual to school with his “Raleigh” bicycle that he rode to school and never condoned lateness of any sorts. With his athletic frame, Segun Okeowo was quick to jump up to break a branch of the big tree by our assembly grounds with which he flogged pupils who came late to school. With the benefit of hindsight, we can gladly and humbly say thank you to him for instilling the values of discipline, punctuality and good time management in us at those early stages of our lives. Mr. Segun Okeowo introduced scouting to our school and was our Scout Master. The values of good leadership that were ingrained in us and has remained with most of us till date were taught by him. He taught us to be prepared at all times, be courageous and he also engraved in our hearts strategic skills that are still useful to us till date. As Games Master, Mr. Okeowo developed our athletic skills that made our relay team the toast of the community and the Local Government Area at large. Our exchange of batons at sports meets and Inter House Sporting events were second to none. Mr. Okeowo was an “elephant”, whose different parts meant different things to different people depending on which part of him you encountered. To some of us then in school at the time when the Nigerian civil war was being fought, he was a resemblance and reminder of Col. Ojukwu as he sported a beard and wore dark glasses to school, an unusual look for a teacher in those days. The look ordinarily was scary for young pupils of our age, but because of his humane nature, goodwill and soft-spokenness, he was admired by all. It is also no surprise to note that the seeds of his later activism must have been nurtured at that time due to his close association with the great politician and progressive leader of Offa community, Late Chief J. S. Olawoyin, his landlord in Offa as well as his studies of the Cuban revolution under Fidel Castro, Mau Mau uprising of Kenya and many other anti-colonial movements some of which featured in the poems that he taught us at Adeola Model School. In summary, Akogun Segun Okeowo’s life was one full of sacrifices to make Nigeria a great nation. He spent his early years as a teacher in nurturing the youth of this nation in the understanding that no nation can be great if the youth are not developed in intellect and character. He has played his part without compromising those principles for selfish desires. The only lesson that we can share with the Nigerian government from his life is that they should pay great attention to education as it is the bedrock on which great societies are built. A nation that fails to nurture its youth in intellect and character stands the risk of falling into crisis of unimaginable proportions. An investment in education is an investment for the future of a nation, as great leaders can only be developed not by chance but by conscious planning and investment in education which will yield fruit over time. Any nation that fails to do this, and neglects
it, does it at its own peril. We thank God for bringing Mr. Segun Okeowo along our path as ex- Pupils of Adeola Model School, Offa, whose lives he touched in many more ways than we can say here. He remains our hero even in death, as great men do not die. The principles for which he lived will forever remain indelible in our hearts. Even though a country he served in truth and in deeds with patriotic zeal may not have deemed it fit to honour him in his lifetime, just as it has failed to honour our proprietress Late Chief Mrs. Adeola Adesiyun in life and in death, we, your ex-pupils will forever remember and honour you in our hearts. We recognise that the deeds of great men are not engraved in stone monuments, but in the hearts of those whose lives they touched. We condole with the widow of our late teacher as well as the children he left behind, especially our own Mrs Dele Womiloju, Kolade and their siblings, not forgetting Adeola, a reminder of the name of our proprietress, Late Chief Mrs Adeola Adesiyun. Our condolence also goes to the community of Simawa and Makun, Sagamu and Ogun State where he lived his later life. We pray that the good Lord will keep and strengthen you at this difficult time of the passage of our mentor. The memories of Akogun Segun Okeowo’s attendance at the 50th anniversary and reunion of Adeola Model School in December 2010, at Offa will remain evergreen in our hearts. He did a special publication to commemorate the 50 years of the Founder’s Day Anniversary of our school and we shared wonderful moments and reminiscences together in songs and poems that he taught us way back. Even as we celebrate the life and times of our inspiring teacher, we mourn with the youths of this nation the loss of a friend and leader they never knew. A part of that which Professor Wole Soyinka referred to as a “wasted generation”. Our advice for the youths of this nation is for them to emulate the sterling qualities of sacrificial leadership, patriotism and selfless service that Akogun Okeowo stood for. They should not allow their ranks to be broken by greedy and selfish politicians who use them to achieve their selfish aims and dump them. They should take their destiny in their hands by ensuring that governments are held accountable to their promises. Akogun’s struggles in student’s unionism exemplified the extent of respect and influence that an informed, literate and focused youthful leadership can bring to bear on the government of a nation. This is a lesson for the “Student union Governments” of various universities of today. To the leaders in government who have not paid the required attention to the adequate funding of education, we pray and hope the seeds of illiteracy, poverty and discord that they are sowing will not germinate soon into crisis of unimaginable magnitude. And to a nation that fails to honour her patriots and heroes in their lifetime, but is quick to grant national honours to thieving politicians and their associates, it is our prayer that you will have a change of heart. • Popoola wrote on behalf of Ex-Pupils of Adeola Model School, Offa, Kwara State
Monday, March 10, 2014 17
THE GUARDIAN www.ngrguardiannews.com
TheMetroSection ‘Delta getting too hot for criminals’ • State police command unveils refurbished crime-fighting machines
th
HE entries for the 11 Mike T Okonkwo National Essay Competition for Secondary
Deputy Governor of Delta Sta State, Prof.Amos Utuama, Aduba and others at the commissioning
One of the crime-fighting vehicles By Odita Sunday
EN kidnapped victims have been rescued by police officers of the Delta State Police Command since January 4, 2014. The command has also arrested 75 kidnappers and armed robbers within the last two months. Reeling out these successes, the command boss, Mr. Ikechukwu Aduba, who took office in January 4, 2014, told The Guardian that the police in Delta were living up to expectation, while kidnapping has become a thing of the past in the state. According to Aduba, “in order to consolidate police’s efforts at fighting violent crimes, especially kidnapping and cultism in the state, the command in collaboration with the Delta State government refurbished some of its fighting tools, which has not been functioning for a long time. “We are sending a clear–cut warning to culprits and perpetrators of violent crimes and their col-
T
laborators, that Delta State has become unsafe for criminals. It is either they turn a new leaf and become part of the command’s intelligence network or be ready to face the full wrath of the law.” In two months, 75 armed robbers and kidnappers have been arrested, while 17 suspected kidnappers and armed robbery suspects were wounded during shoot-outs with the police. Ten kidnapped victims were rescued and 19 murder suspects arrested. However, 23 arms and 68 ammunition were recovered while 23 suspected stolen vehicles were recovered. 107 suspected cultists members were arrested across the state within the period under review. 20 cases were, however, charged to court by the command within the period, while 31 convictions were secured. According to Aduba, “we express our sincere gratitude and appreciation to the state government for its consistent efforts at ensuring that the command’s logistic machineries are con-
We also want to salute the fighting courage and spirit of personnel in the Delta State Police Command. Their selfless efforts have greatly stemmed the tides of violent crimes in the state tinually oiled and maintained. “We also want to salute the fighting courage and spirit of personnel in the Delta State Police Command. Their selfless efforts have greatly stemmed the tides of violent crimes in the state. This was recently recognised by the Inspector General of Police (IGP) M. D. Abubakar, at the award of service medals, where personnel from our command swept 44 Medals of Courage out of 112 medals awarded to the Nigeria Police Force throughout the federation,” he said.
Primary school pupils get free sandals in Mushin By Tope Templer Olaiya HOUSANDS of pupils in the 49 public primary schools in Mushin Local Council had cause to smile last week when they were all presented with brand new sandals and a pair of white socks. During the symbolic distribution of the free sandals to 10 selected pupils representing each of the 49 primary schools at Estate Primary School, Ladipo, chairman of Mushin Local Council, Olatunde Babatunde Adepitan, said as leaders of to-
T
morrow, children were too important to be left out in the dividends of democracy. “A lot of infrastructural renewal projects is taking place in Mushin, but we want the kids too to feel the impact of government. Not too long ago, we constituted a committee whose responsibilities was to ascertain the personal needs of our pupils at our various public primary schools. “The committee came up with the reports that many of our pupils lack school bags and shoes. After a careful de-
liberation, we came up with the idea of providing our pupils with school sandals first before meeting other needs.” The council chairman noted that he took the initiative seriously based on recent developments in the polity where some leaders told the nation they once had no shoes. “It is important we care for the children. Especially at their tender ages, which includes proving them with the basic amenities of life, which they once saw as luxury. “Personally, I didn’t want to
wait until we start hearing from them in the future after becoming tomorrow’s leaders that they once went to school without shoes. If these children are exposed to luxury today, by the time they get to public office tomorrow, they will not acquire materials they do not actually need,” he said. Adepitan, who was a teacher for 27 years before vying for public office, said he knows where the shoe pinches. “I know what it is to be a student and I know what it is to
be a teacher, having taught for close to three decades. In the country today, most pupils are going through education with tears., but my administration has resolved, as a matter of priority, to provide facilities that will make education and learning conducive.” He thanked corporate organisations that donated towards the actualization of the project, such as Cybele Cosmetics, IMPCO, OK Plastics, Kenven Aluminium, Dangote Sugar, Greenlife Pharmaceuti-
‘Mystery’ fire razes boutique in Ilorin From Abiodun Fagbemi, Ilorin BOUTIQUE belonging to A one Mr. Hakeem Mohammed at Maraba area of Ilorin, Kwara State was at the weekend razed by a mysterious fire. The fire, which was traced to an electrical fault from one of the sockets, started at about 10pm on Saturday, after the owner had closed for the day’s business, an hour earlier. Items lost to the inferno were estimated at about N10 million. These include sets of suits, pairs of shoes, ties, plasma television sets, refrigerators, orbit and standing fans, Chandelia lights, among many others. According to Mohammed: “I
left the shop at 9pm. Shortly after, I got a call from neighbours, who said they were perceiving an unusual odour from my shop. I rushed back immediately, but to my surprise,
A section of the burnt shop
there was nothing left that the fire had not torched within a spate of one hour. “I just returned from shopping abroad but there is nothing left now for me to hold on to. I am married with kids and over 10 people are on my pay role. All my investments of many years have gone up in flames. I need help from both individuals and governments because I need to survive with my wife and children. I need to put my pieces together and start my life all over again,” he said. Asked why he could trace the source of the fire to an electrical fault, he said there was no stove or any inflammable object inside the shop.
Briefs Mike Okonkwo National Essay Competition opens entries School Students in the country is now open from March 3 to May 2, 2014. The topic for the 2014 is “The Power of Your Vote: A catalyst for a stable and united Nigeria”. Like previous years, the star winner will go home with three internet ready desktop computer, a printer, a trophy, a Laptop and N100,000.00 cash and a plaque. The first runner up school gets two internet ready desktop computers, a printer and cash prize of N75,000.00 with a plaque for the student. The second runner school gets an internet ready computer, while the student gets N50,000.00 cash prize and a plaque. The entry requirements include: Essay of maximum of 2000 words, a passport photograph of the student, Full Name, Address, Contact Telephone Number, Class, School and Name and Telephone contact of the Principal. Essay could be submitted through email to essay@trem.org or by post to The Redeemed Evangelical Mission (TREM) International Headquarters, Obanikoro/ Anthony Oke Bus Lagos.
Amechi Ogan, 56, passes on
HE death has occurred of T Amechi Kesandu Chikezie Ogan at the age of 56. He died on Sunday, March 2, at Lagoon Hospital Apapa, Lagos. Amechi Ogan was born to the late Professor Okoronkwo Kesandu Ogan and Mrs. Oyidia Ogan, deceased, both of Amaokwe Item, on November 11, 1956 at the then Queen Elizabeth Hospital in Umuahia, Abia State. He attended Kimbolton School Huntingdon, England, Federal Government College, Warri and Ahmadu Bello University, Zaria. He is survived by his wife, Mrs. Horochi Ogan, (nee Enelamah) , twin daughters: two-year-old Zane Chinyere and Joelliane Chizara, five siblings including Amma Ogan and Mrs. Nnenna Ejekam, Mr. Obasi Ogan, Dr. Chima Chionuma and Mrs. Erinma Chibututu, in-laws and friends. Funeral arrangements will be announced later by the family.
Awards for excellence in SMEs HE awards, christened T Nigeria SMEs Awards for Excellence (Nsafe Awards), ac-
Adepitan assisting a pupil to put on the new pair of sandals...
cording to the organizers, Lakewhyte Communications, are scheduled for September. According to a statement by the Relationship Manager of Lakewhyte, Mrs. Taiwo Talabi, “the event is being organized in conjunction with stakeholders in the SMEs subsector and relevant government agencies.” Talabi stated that a former Managing Director of the Niger Delta Development Commission (NDDC), Pastor P. Z. Aginighan and the Chairman of Katsina State Investment Company, Alhaji Kankia, among others, are on the Advisory Board of NSAFE Awards.
THE GUARDIAN www.ngrguardiannews.com
18 Monday, March 10, 2014
Rotary donates drugs to sickle cell patients at UNTH From Lawrence Njoku, Enugu RUGS worth several thousands of naira were recently donated to the University of Nigeria Teaching Hospital (UNTH), Enugu, for the free treatment of persons living with sickle cell diseases by the Rotary Club International District 9140, Enugu. Making the presentation, President of the Club, Rotarian Peter Umeano said that it was borne out of the desire to ensure that Nigerians living with the disease received adequate care, stressing that most patients could not afford cost of their treatment. He stated that Rotary International had always carried out awareness about the sickle cell disease, expressing regrets, however, that many
D
Nigerians have by neglecting medical advice to always check their blood group, especially during marriage contracted the disease. He said: “Rotary is a charitable organization and we are passionate about this sickle cell disease and that is why we have come to see how we can contribute to ease the problem. In Nigeria, a lot of people suffer from it and because of our level of illiteracy most times when people want to get married for instance, they don’t really know where their blood belong and they really make mistakes. As a result, you get this kind of thing. Before now, we were doing campaigns and trying to advise people to check their blood group before they marry but we have
moved a step further to provide drugs for them and hope it will be a continuous thing.” “We will do more campaigns, we are planning in the nearest future to see how we can donate to the blood bank as effort to help those living with the disease”. Head of Haematology unit of the UNTH, Prof Iheanyi Okpara, while receiving the drugs, described the Rotary as “a great companion,” stressing that the organization has continued to contribute willingly to the welfare and development of persons and institutions. He said: “It is actually one of the humanitarian services Rotary International renders to humanity across the world but this time, it is being carried out by the Rotary club,
cell disease. So it is wholly appropriate that Rotary International acting through Rotary Enugu addresses the issue and help ameliorate the burden of the disease on those who are affected”. He commended the organization for the gesture and called on other organizations and well-meaning Nigerians to come with more aid for the patients. President, Sickle Cell Club, UNTH chapter, Enugu, Dr Chidi Ikeakor also thanked Rotary club, Enugu for the donation, stressing that the greatest challenge of the members was lack of funds to Umeano handing over the drugs to the hospital management procure the drugs. She called Enugu, District 9140. It hapabout two million Nigerians and on well meaning Nigerians to pens that sickle cell disorder indeed one out of every 100 per- emulate Rotary and donate to is something the affects sons living in Nigeria has sickle the patients.
Community Support Brigade Nigeria receives training for effective service By Isaac Taiwo EMBERS of the Community Support Brigade Nigeria (CSB), the only paramilitary organization that is recognized by the Act of Parliament and formerly known as War Against Indiscipline (WAI), has ended a one-week training on self- development with the Institute of Criminology and Penology. Speaking at the graduation ceremony that took place at the National Orientation Agency, Ikeja last Sunday, the Executive President, Institute of Criminology and Penology, Solomon George Osagwena, disclosed that the Institute specializes in training and developing those who are ready to learn with a view to bringing out the best in them. “Our mission is to make
M
Nigeria a zero-crime nation and to welcome and equip through training those who are ready to join us to fight the world of crime.” “The security of this nation is a national problem that warrants everybody to be involved through the type of training we offer.” “Today, I am encouraged by the performance and sense of commitment of members of CSB despite that they engaged in voluntary service to the nation. I believe they should be accorded physical, moral and financial encouragement by organizations, state governments and Federal government as we were encouraged to give them the training they have just received to catapult them to actualize their vision, “ he said.
The Director, National Orientation, Lagos State, Waheed Ishola said he was identifying with CSB because of their spirit of volunteerism to serve their community, their state and their nation. “They have undergone one week training on self development with the Institute of Criminology and Penology and today is the day of their graduation and I am happy to identify with them and to be part of this historic occasion.” “People at the helm of affairs of CSB in Lagos Command have thought it fit to develop their members intellectually so that they would be better equipped to give selfless service in all areas of endeavour including maintaining of security, ensuring there is or-
Registrar/Course Administration, Institute of Criminology and Penology, Godgift Anyaeze (left), President, Institute of Criminology and Penology, Solomon George Osagwena and Lagos State Commander, CSB) at the event
derliness, discipline within the community during environmental sanitation exercise as well as giving support to various communities. For example, where a commu-
nity is building a community hall, CSB will support to ensure that the activity is seen to a logical conclusion.” “Nigerians need to cultivate the spirit of volunteerism
which is the hallmark of patriotism, a veritable quality that these gentlemen epitomise,” he said. Ishola said the umbrella body for CSB, the NOA, thought it necessary to re-energise the organization to bring it at par with the present system of democracy. “WAI brigade then, was known for force, the “force” under the CSB has been replaced with “persuasion” to make people to do the right thing,” he said. Lagos State Commander of CSB, Comrade Gabriel Adeoye, said : “We are professionals, including lawyers, military personnel both serving and retired and we are asking the Lagos State government to give us the logistic support to carry on our duty effectively.”
B
THE ENVIRONMENT/49
Realtors forecast depreciation in Lagos Island commercial property rental value
Chemical concentration in Lagos lagoon is high, study warns
PROPERTY GUIDE/31
MONDAY, MARCH 10, 2014
‘Govt to generate $5.7b from 10 power plants’ HE Federal Government T will generate about $5.7 billion from the sale of 10 National Integrated Power Plants (NIPPs). The Director-General, Bureau of Public Enterprise (BPE), Benjamin Dikki, made the disclosure at a news conference on Friday in Abuja after the bidding process by a consortium of investors. He said that the National Council on Privatisation (NCP) and the Board of Niger Delta Power Holding Company (NDPHC) would soon meet to approve the bid process before the payment. He added that “25 per cent of the total cost of a plant must be paid within 10 days and the balance paid in six months; of course that will be
after the approval of the NCP and the NDPHC board.’’ Earlier, the Chairman of the NCP, Atedo Peterside, who supervised the bidding, assured investors of transparency. Peterside announced the preferred bidder and reserved bidder for each of the 10 power plants according to the highest bids submitted by the investors. He said the process was done in line with international best practice. ALTEO said Peterside Consortium was the only company that bid for Alaoji Gence with $902 million to emerge the winner. He noted that only 80 per cent of shares in each of the power generating companies
was up for sale. The NCP chairman added that government would retain 20 per cent of its share holdings in these companies. He said: “For Benin Genco, EMA Consortium is the preferred bidder with a bid opening of $580 million, while Index Consortium is the reserved bidder with a $575million bid. “Calabar Genco has EMA Consortium as preferred bidder with a bid of $625 million and Nebula Power Generation Consortium as reserved bidder with a $623 million bid.
“ALTEO Consortium emerged as the preferred bidder for Egbema Genco in Imo State with a $392 million bid and Dozzy Integrated Power Ltd as reserved bidder with 415 million dollars bid.’’ Peterside said that for Gbarain Genco (Bayelsa), there were six bidders with KDI Energy Resources and Azikel Power Ltd emerging as preferred and reserved bidders respectively. He said KDI Energy Resources made a bid of $340 million and Azikel Power Ltd, 305 million
dollars to win the bid. “For Geregu Genco (Kogi) Seoul Electric Power Ltd emerged as preferred bidder with a $690 million bid and Yellow Stone Electric Ltd as a reserve bidder with $613 million bid. “Daniel Power Consortium emerged the preferred bidder for Ogorode Genco (Delta) with a $531 million bid, while ESOP Power Ltd was the reserved bidder with $510 million bid. “Olorunsogo (Ogun) Genco initially had five bidders but
ALTEO Consortium pulled out and would therefore pay a fine of $4 million as penalty. “So for Olorunsogo, we have ENL Consortium as preferred bidder with 751 million dollars bid and Index Consortium emerged the reserved bidder with 730 million dollars bid.’’ Peterside said that Shayobe International Ltd Consortium emerged the preferred bidder for Omoku Genco in Rivers with a $318 million bid, while ALTEO Consortium emerged as reserved bidder with a $312.5 million bid.
Wema Bank, Transcorp, others lift NSE’s turnover by N18.5b By Helen Oji TURNOVER of 2.145 billion shares worth N18.487 billion in 22,697 deals were exchanged by investors on the floor of the Nigerian Stock Exchange (NSE) last week, against a total of 1.809 billion shares valued at N26.698 billion that changed hands in 25,342 deals during the preceding week. Precisely, the financial services industry (measured by volume) led the activity chart with 1.715 billion shares valued at N11.153 billion traded in 12,303 deals; thus contributing 79.97 and 60.33 per cent to the total equity turnover volume and value respectively. The conglomerates industry followed with a turnover of 236.714 million shares worth N1.052 billion in 1,773 deals. The third place was occupied by the consumer goods industry with 52.824 million shares worth N3.499 billion in 3,664 deals. Trading in the top three equities namely- Wema Bank Plc, Transnational Corporation of Nigeria Plc and Zenith International Bank Plc (measured by volume) accounted for 873.344 million shares worth N6.058 billion in 2,983 deals, contributing 40.72 and 32.77 per centto the total equity turnover volume and value respectively. Also traded during the week were a total of 743 units of NewGold Exchange Traded Funds (ETFs) valued at N1.584
A
million executed in 5 deals compared with a total of 701 units of NewGold valued at N1.493 million transacted last week in five deals. Similarly, 25,075 units of FGN bonds valued at N22.942 million were traded this week in two deals compared with a total of 800 units of FGN bonds valued at N887, 218.99 transacted last week in eight deals The NSE All-share index and market capitalization depreciated by 1.53per cent to close on Friday at 38,952.47 and N12.512 trillion respectively. Similarly, five of NSE sector indices depreciated during the week while three appreciated in price. The NSE 30 index by -1.66per cent to close at 1,748.25, NSE Insurance index by -2.31per cent to close at 143.28, NSE Consumer Goods by -4.67per cent to close at 960.71, NSE Lotus II by -1.79per cent to close at 2,789.07 and the NSEASeM index also depreciated by -0.30per cent to close at 956.72. However, NSE banking index appreciated by 0.26per cent to close at 385.45, the NSE Oil/Gas index by 1.37per cent to close at 305.61 and also the NSE Industrial Goods by 0.52 to close at 2,582.16.
Executive Director, Lagos and South West, Fidelity Bank Plc, Ikemefuna Mbagwu (left); Minister of Industry, Trade and Investment, Olusegun Aganga; Managing Director of Fidelity Bank, Nnamdi Okonkwo; and Director-General, Small and Medium Enterprises Development Agency, Alhaji Bature Masari, while briefing the Minister on programmes for small businesses in the country by the bank’s management team, in Abuja, at the weekend.
Exchange Rates as at Friday, March 7
20
MONDAY, MARCH 10, 2014
FINANCIAL GUARDIAN
www.ngrguardiannews.com
Forbes new listing, impetus for job creation, says Dangote HE President and Chief Executive of Dangote T Group, Aliko Dangote has
said that his recent listing in the Forbes magazine would spur him on to further commit himself to reduction of poverty among Nigerians through creation of gainful employment He said he has always believed that the worth of a man does not consist in his wealth but the number of lives he is able to impact positively. Speaking against the background of fresh injection of N200 billion into the Dangote Foundation, Dangote said he would pursue the task of poverty reduction and health man-
agement with renewed vigour. Dangote who was recently named the 23rd richest man in the world and the Africa in richest said: “Dangote foundation is now 20 years old. This initial endowment will Dangote that assure Foundation has secure and steady funding to carry out
its mission as we significantly scale up our work.” He announced the reconstitution of the board of trustees of the Foundation now with himself as the Chairman, Sani Dangote, Halima Aliko Dangote, Olakunle Alake, A B Mahmoud, SAN, Aigboje Aig-Imoukhuede, Angela Adebayo, Hajara Adeola
Society for Corporate Governance holds breakfast meeting HE Society for T Corporate Governance holds its breakfast meeting on Wednesday at Four Points by Sheraton Hotel, Victoria Island, Lagos. Chief Executive Officer of
Nigeria Stock Exchange, Oscar Onyema, will be special guest while president of the society, Chief Olusegun Osunkeye, will be chairman of the event.
and Yvonne Ike. “And last year we appointed Adhiambo Odaga, Managing Director to grow the Dangote Foundation team. The stage is set now for the next stage of our institutional growth.” “Going forward- from the second quarter of this year, we will lay greater emphasis on youth and women empowerment through
large scale efforts that cultivate meaningful change in their lives.” Dangote established Dangote Foundation in 1994 to extend the impact of his growing business operations. Current interventions that focus on youth and women, include a national cash transfer programme designed to complement
state governments’ poverty alleviation programmes by providing N 10,000 grants to at least 1,000 women and youth in each of Nigeria’s 774 Local Government Areas, LGAs. It has already reached 256,500 women and youth across the 157 local government areas in Kano, Jigawa, Kogi, Adamawa, Yobe and Borno.
UBA records N95b monthly worth of transactions from ATMs By Adeyemi Adepetun ONTHLY transactions M on about 2000 Automated Teller Machines (ATMs) of the United Bank of Africa (UBA) in Nigeria has been put at N95 billion, even as the bank plans to deploy additional 1000 by year end. Besides, UBA said it recorded about N8 billion transactions on its Umobile (mobile banking) platform and N10 billion on Internet banking monthly in 2013 alone. Speaking about the improvement in its various e-banking channels, UBA’s Divisional Head, eBanking, Dr. Adeyinka Adedeji said it would scale up its e-banking channels in line with increasing trend in Nigeria and beyond. Adedeji, at the weekend, said that the bank derives its motivation to deepen ebanking channels; introduce reloadable prepaid card, among others, by the increased awareness
among customers of the channels, stressing that UBA’s innovative eChannels have accorded the customers triple gains of financial control, convenience and security. “We have seen tremendous changes in attitude of our customers since the commencement of cashless policy which started in Lagos and later six other States and expected to begin to function in other States by the end of the year. Due to that and the innovative culture embraced by UBA we have rolled out a number of channels on U-mobile, UDirect, internet banking and redefined card issuance and usage. “For instance, witnessed N95 billion transactions via Automated Teller Machines (ATMs), approximately N8 billion transactions on U-mobile (mobile banking) and N10 billion on internet banking monthly in 2013 alone”, he stated. Adedeji added that with U-Direct, UBA’s Online
Banking Service, customers can access many banking services and carry on with their banking activities without inhibitions, “that is, everywhere, you have access to the internet from a computer, tablet or smartphone at anytime.” Describing the U-mobile as robust mobile banking platform which only requires a customer has an account (savings or current) or prepaid card with UBA Plc and a Java Enabled Mobile Phone.” He added that it offers the financial transactions freedom, especially at the international level. We are out to ensure none of our customers experiences stress or is stranded while on holiday or business trips”. UBA’s Head, Debit and Credit Card Unit, Obinna Umo said beside the bank setting up ATM galleries closer to the customers, it has enhanced individualcustomer banking experience and apt in promoting Central Bank of
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
21
MONEY & BANKING
CBN must not fail, says Senate committee chief By Chijioke Nelson IGERIANS have been N called upon to ensure that the recent controversies over the suspension of the Governor of the Central Bank of Nigeria (CBN), Mallam
Lamido Sanusi, are not allowed to distract the apex bank from effectively discharging its mandate to the Nigerians. The Chairman, Senate Committee on Banking, Insurance and Other
Financial Institutions, Senator Bassey Otu, made the remarks during the hearing of both the implementation of the 2013 and the presentation of the 2014 operating budgets of the CBN. According to Otu, “you have
been doing quite alright in terms of performance. The state of the economy has been very challenging. There have been controversies in recent times linking the central bank. We will not want it to affect the institution.
‘Africa is short of finance professionals’ From Anthony Ottaru, Abuja HE Association of T Chartered Certified Accountants (ACCA) Nigeria, has expressed optimism that notwithstanding the unemployment situation in Africa and Nigeria in particular, qualified accounting professionals are still in shot supply. According to the global accounting body, Africa would need additional 180,000 professionals accountants by year 2020. Speaking to newsmen at the 2014 ACCA Summit in Abuja, the Head of ACCA Nigeria, Oluwatoyin Ademola, said that if Africa will need at least 180,000 additional professional accountants by year 2020, it is obvious that Nigeria, being the most populated country in the continent with abundant resources, will need no less than 100,000 additional professional accountants during the same period. “I think the bottom line is that with the growing up of the Small and Medium Scale Enterprises (SMES) every day, with the coming into Nigeria of multinational companies, there will be need for more professional Accountants, because no company or organization that does not need these people,” she said. She explained that the summit was targeted at graduates and experienced individuals looking to start up or further their careers in finance with ACCA qualifications. “It is also an avenue to showcase the various employers and partners we walk with and give them the opportunity to meet with the ACCA talent pool as participants are expected to come with their Curriculum Vitae. “So, our participants today are over 600 in Abuja. We are expecting more because the summit will still hold in Lagos, with about 800 participants and in Port Harcourt with another 600 as well,” she said. She stressed that accounting is not just number counting anymore, it is about actually being involved, developing strategy, forecasting and operational circle, It is about getting your voice heard or work seen. According to her, the summit has offered ACCA Nigeria the opportunity to bring together all its partners in the projects from the banking sector, the construction industry, telecommunication, as well as representatives of some Ministries, Departments and Agencies directly involved in job creation to interface with the students of accountancy in the tertiary institutions, as well as qualified and inter-
ested ones with the flare for finance. The Human Resources Manager, North Zone, Airtel Nigeria, Gabriel Afunwa, said that its partnership with ACCA Nigeria on the summit is to help build capacity among the youths and young graduates, as well as help them recruit qualified accounting profession-
als that would meet their needs. A participant from Kaduna Polytechnic, Shehu Suleiman, said that the opportunity is great, with potentials to be given scholarship to run the ACCA programme. Also speaking, the Head, eBanking and Retail Product, UBA, Chuks Mokagwu, stated
that the partnership with ACCA Nigeria was not a mistake, as it has afforded them the opportunity to assist in educating job seekers in the banking sector what they need to know, the qualifications they need to have as well as the kind of conduct they are expected to exhibit as workers in the financial sectors.
“We want everybody to concentrate and do the work the Nigerians want. The issues would sort out themselves at appropriate time and it must not affect the productivity of the institution, the direction and objectives of the institution.” He called on the CBN to live up to its responsibilities and advised the bank’s officials to remain focused on their jobs. The CBN Deputy Governor, Corporate Services, Suleiman Barau, attributed the high budgetary expenditure of 2013, arising from liquidity management, to the quantitative easing in the United States and Western European countries, which led to upsurge in foreign portfolio investment inflow by investors, who were desirous
of taking advantage of the higher yield prevailing in the Nigerian market. According the deputy governor, it was not unlikely, that the pressure on the foreign reserves stemmed from the activities of these foreign investors, who want to repatriate their returns on investment. Last week, the House Committee on Finance commended CBN for its unequaled record of timely remittances to the Federation Account. The Chairman, Finance Committee, Dr. Abdul Mumin Jibril, stated that the bank had over the years been consistent in its remittances to the Federation Account, among other government agencies.
22 Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
EQUITY MARKET SUMMARY
MARKET REPORT AS AT 7=03=2014
PRIMERA AFRICA www.primera-africa.com
Monday, March 10, 2014 MARKETREPORT | 23
THE GUARDIAN www.ngrguardiannews.com
MARKET INDICATORS
AS AT 7=03=2014
PRIMERA AFRICA
24 Monday, March 10, 2014
FINANCIALGUARDIAN
THE GUARDIAN www.ngrguardiannews.com
MARKET INTELLIGENCE
Critical Success Factors for Nigeria’s Privatised Power Sector Part 1
Monday, March 10, 2014 25
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
Taxation of Benefits in Kind
INSIDE TAX
26
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
THe GUArDiAN www.ngrguardiannews.com
FINANCIALGUARDIAN
27
MONeY & BANKiNG
How to attract oil firms to list on NSe, by operators By Helen Oji APiTAl market operators C have identified the sale of oil assets to Nigerians, as well as offering tax incentives to the listed firms, as a strategy that would attract more listings from oil companies operating in Nigeria. This, according to them, would also enable the country
to benefit from the huge amount the country is losing from local oil operators that are listed only on foreign capital markets. According to them, listing cross-boarder listing does not only deny Nigerian investors the opportunity to share in the profit made from Nigerian oil resource but also affect the economic develop-
ment of the country. They argued that assets divestment in the oil and gas sector would create between $4 billion and $ billion in value in the next two years, while urging federal government to take proactive steps to forestall handing over of virtually all oil assets to foreign companies to the detriment of indigenous investors.
The Managing Director of Crane Securities limited, Mike ezeh said that if the oil assets were sold to indigenous investors, it would increase the number of listing on the Nigerian Stock exchange (NSe). “As we expect further government and private divestment in the oil and gas sector, i believe indigenous firms
Why we support WATFON initiative, by Sterling Bank By Chijioke Nelson Bank said the need SintoTerliNG deepen financial literacy the country, the future, commitment to the youth and their empowerment, were the motivating factors for its support for the We Are The Future of Our Nation (WATFON) initiative. The eight-year old programme congregates graduating students of secondary schools yearly, mentoring and grooming them into a generation of patriotic young people, tutored by role models to believe in the Nigerian dream. The financial institution also
CiBN holds confab on money laundering, terrorism By Toyin Olasinde He Chartered institute of T Banker of Nigeria, (CiBN) is expected to holds a conference to tackle the menace of Money laundering and terrorism in lagos on march 24th and 25th this year. Speaking at a news conference in lagos Vice Chairperson of the institute, Taiwo ige said: ‘’it is high time for CiBN members and others whether in practice or in business to come together and put an end to money laundering in our institutions. She added that this could only be achieved through the participation in the conference, which will hold at the Sheraton Hotels and resorts, ikeja, lagos. The keynote speaker of the day would be the Commercial Councilor, Commerce and Finance, United States Consulate General, Brian McCrey, Who will be talking on the role of financial institutions in combating terrorist, financing and money laundering and policy compromise by banks and its effect on identity theft/fraud; AMl/CFT and scope of legal professionals privilege in international standards, instrument and identity theft deterrence and penalty. Other resource person who are expected to participate in discussions include-Deputy Governor, Operation Directorate Central Bank of Nigeria (CBN), Dr. Kingsley Chide Moghalu, Director General, National identity Management Commission, Chris Onyemenam, Managing Director/Chief executive Officer DATAPrO limited, Abimbola Adesoyoju, Managing Director/Chief executive Officer, Central Security Clearing System, Kyari Bukar, Former Director, Nigeria Financial intelligence Unit, Barr Juliet ibekaku, Head e-Banking, United Bank for Africa, Adeyinka Adedeji ,Chief risk Officer, interswitch, isoioke Ojior, Head,e-Business and Card Services,GT Bank; Simi Osinuga, Chief risk Officer/Founder, Dermalog BMS, Gunther Mull.
noted that its support arises from the need to invest in “our collective future and enabled society, particularly the children, in accordance with the bank’s corporate social responsibility focus and objectives.” The bank’s Group Head, Strategy and
Communications, Shina Atilola, pointed out that the provision of a platform for children to meet with accomplished Nigerians, who have excelled in various fields and become role models, will further inspire the children to greatness. “Our support for the pro-
gramme was also informed by the need to promote financial literacy among students, which would prepare them with the ability to make informed financial judgments and effective decisions about the use and management of money from young age.
should be given the opportunity to buy some of these assets. if this is done, the companies will be listed on the Nigerian bourse thereby deepening the capital market and sharing the profit among Nigerians,” ezeh said. The Chief executive Officer of Partnership investment Company Plc, Victor Ogiemwonyi explained that apart from selling the assets to Nigerians, government should also give incentives such as lower tax rate to encourage listing on the NSe. “We should also require public companies with licences that serve larger public to list their shares on the NSe for public participation after a stated number of years. Government should compulsorily make privatized companies to list a portion of their shares on the NSe. Without
these steps the stock market will not grow as fast as we expected,” he said. An investment banker with Quest Advisory Services limited, Bayo rotimi submitted that new listings can only be achieved through the introduction of incentives such as tax rebates and waivers as well as a continuous commitment towards the enthronement of transparency and accountability in the running of our capital markets. “Bottom line is that private sector entities cannot be forced to list. The capital market regulators must continue to engage these companies, seek to understand their apprehensions and roll out programmes and policies that address those concerns frontally,” rotimi said.
28
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 29
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
MONEY & BANKING
Ogun warns banks over delay in payment of workers’ salaries GUN State government O has threatened to review its relationship with any bank, which henceforth delays payment of monthly salaries to civil and public servants after the government had deposited money meant
for that purpose with such bank. In a circular to banks, signed by the Commissioner for Finance, Mrs. Kemi Adeosun, the government expressed its disappointment over what it called “the consistent trend
of unprofessional conduct being practiced by some banks in the state.” The circular read: “As at the date of writing this letter, March 6, some of our staff and pensioners are yet to be credited with their salaries/pen-
sions despite the fact that fully funded payment instructions were issued before 9 a.m. or Thursday, February 27th. The delay of seven days is unacceptable, inexcusable and unethical.
“Another worrisome development is that some banks deliberately fail to issue SMS alerts to advise on the credit of salaries to individual accounts, ostensibly to delay workers from withdrawing their salaries and thereby
Access Bank strengthens financial literacy initiative By Chijioke Nelson CCESS Bank has unfolded a weeklong activities aimed at promoting financial literacy among youths and children in the country, as part of this year’s Global Money Week, which commences today. According to the Bank’s Group Head, Inclusive Banking, Ope Wemi-Jones, “this occasion presents another opportunity for the bank to affirm its commitment to the
A
principles of inclusive and sustainable banking. She said that the bank’s strategy, as Africa’s sustainability champion, has products like the Early Savers Account for children, encapsulating financial literacy. “Early Savers Account is a value-based financial product exploring fun-filled and highly interactive financial literacy campaign to reach Nigerian children,” she said.
The hallmark of this year’s commemorative initiative by the bank will be its adoption of Command Secondary, Markurdi, Benue State, for teaching of the Financial Literacy module. The bank representative will teach Financial Literacy modules to students of the school, on the third day of the Global Money Week celebration, while students from not less 10 secondary schools across Lagos
State will participate in the daily banking operations at the bank’s head office in subsequent days. The Group Managing Director/Chief Executive Officer, Herbert Wigwe, said that the Bankers’ Committee agenda for the celebration of this year’s Money Week is a solid testament to the dedication of the Nigerian banking sector to the inclusive banking and sustainability.
“The Bankers Committee through its Sub-Committee on Financial Literacy has evolved a programme that would ensure that the Nigerian banking sector makes meaningful contribution to the attainment of this year’s goal of involving more than 1 million people in the exercise which is expected to take place in over 80 countries across the world,” he said.
earning additional income for the banks concerned. “It is the view of Ogun State government that such practices will in the long term, damage the reputation and profitability of all those banks engaging in such behavior. Workers who have toiled for their salary have the right to enjoy same promptly and to withdraw or otherwise utilize as they please.” The government noted that it is committed to ensuring that all its civil servants and pensioners receive salary before the last working day of each month, adding that it has now “put systems in place, using mystery shoppers, to monitor the time individual banks take to credit our workers accounts.”
30
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
PAGE 39
Lagos housing outlook “still very positive,” says report
IPC Homes unveils Olive Garden estate, targets 50,000 homes /39
PAGE 32
Sparklight, Sierra Leonean’s HFC Mortgage seal pact on housing scheme
MONDAY, MARCH 10, 2014
Realtors forecast depreciation in Lagos Island commercial property rental value The development of new commercial office spaces, though applauded by practitioners may trigger rental slump and glut in the property market, and greatly impact on the industry
Real Estate By Emmanuel Badejo S novel as commercial A properties dotting the landmass of Lagos Island can
be, the trend may further throw up vacancy rate and sharp drop of property value in existing and new office complexes, notable realtors predicted last week. Either in Ikoyi, the most affluent neighborhood of Lagos, Nigeria, located on Lagos Island, located to the northeast of Obalende and encompasses the eastern half of Lagos Island, which lies at the edge of the Lagos Lagoon, or Victoria Island (VI), another affluent town that is made up of a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon, through to Lekki, refurbishment or total construction of office complexes are visible. For instance, only few months ago, Messrs Rand Merchant Bank (RMB) and Standard Bank raised the bar in commercial and retail property development, when they unveiled an $182-million office complex project at Ozumba Mbadiwe, V/I in Lagos. Also, a commercial bank is almost finishing its imposing structure along Ahmadu Bello Way, as Heritage Bank, has plans to deliver another complex in the coming months. Observers say investors have been going into these projects mainly to meet the demand for international tenants and some local corporate organisations, which are yearning for grade A office accommodation. The Guardian authoritatively learnt that current rental prices for Grade A commercial
CONTINUED ON PAGE 35
Illustration of the proposed Abuja City Centre Development
FCTA, firm seal deal on $2.75b Abuja Down Town project Projects From Terhemba Daka, Abuja
A new vista of opportunity has once again open for property investors, with the latest being the kick-starting of the Abuja City Centre Development known as the Abuja Down Town Development by the FCT administration, which will gulp $2.7b on completion.
N a renewed effort to increase ICapital development of the Federal Territory, senior officials South Africa and United Arab of the Administration (FCTA) and a firm, Chicason Group Consortium of investors on last week signed an execution agreement to jump-start the construction of the Abuja City Centre Development named the Abuja Down Town Development costing a whopping 2.75 billion US Dollars. The partnership between the FCT Administration and Chicason Group the authorities said will pool resources from the United Kingdom, China,
Emirate. A statement made available to The Guardian in Abuja said the FCT Minister, Senator Bala Mohammed and the Executive Secretary of the FCDA, Adamu Ismaila signed on behalf of the FCT Administration while the Chairman/Chief Executive Officer of Chicason Group, Chief (Dr.) Alex Chika Okafor and Company Secretary, Patrick Osu signed on behalf of the international investors. The statement explained that
the Direct Foreign Investment (DFI) of 2.75 billion US Dollars, which is a mixed-use development, will provide a Five Star Hotels, Shopping Malls, Office Spaces, Residential houses, Condominium, and Recreational Facilities amongst others. In expressing satisfaction over the agreement, the Minister said that his Administration has decided to be pro-active to get alternative ways of funding the development of the Federal Capital
Territory, which is in tandem with the Transformation Agenda of President Goodluck Jonathan. Senator Mohammed reiterated that the investment has multiplier effects on the country’s economy; stressing that skilled and unskilled employment would also be generated The Minister remarked that this Direct Foreign Investment has shown that the World has confidence in the workings of the Federal Government under President Jonathan.
While noting that the Group has robust financial plan to execute the high profile capital-intensive project, Senator Mohammed said that the gigantic project would be the heart of Abuja. According to him, the Consortium has been structured with divest shares where the FCT Administration has 5 percent equity share. His words: “This equity share being enjoyed by the FCT Administration comprise the cost of the land in question at the Central Business District, its premium as well as the development Control charges”. He called on other genuine
CONTINUED ON PAGE 35
THE GUARDIAN www.ngrguardiannews.com
32 Monday, March 10, 2014
HOMES
PROPERTY GUIDE
Sparklight, Sierra Leonean’s HFC Mortgage seal pact on housing scheme Housing By Chinedum Uwaegbulam NE of Nigeria’s ‘big time’ O property development firms, Messrs Sparklight Property Development Company (SPDC) has signed an agreement with a Sierra Leonean Mortgage Company, HFC Mortgage and Savings to construct 200 housing units for low and middle income earners. The endorsement of the Memorandum of Understanding (MOU) between Sparklight and the mortgage company was held last week at the Eko Hotels, Lagos. Under the agreement, HFC will be providing 20 acres of land for the development while Sparklight will be undertaking the actual construction exercise. The MOU is part of 2014 investors’ outreach between
Nigeria and Sierra Leone in Lagos, organised by the Sierra Leonean Investment and Export Promotion Agency. About 200 housing units will be developed under the first phase of the project. SPDC Chairman, Chief Toyin Adeyinka, disclosed that the proposed estate would usher in affordable housing in Sierra Leone; bridge the housing gap for low and middle income earners. He said, “There is need for affordable housing in Sierra Leone and you know Sparklight in Nigeria, this is our area of interest and during a number of our business visits, we held discussions with HFC in Sierra Leone and they equally showed a lot of interest in going into joint venture with a developer who is into affordable housing. “We want to hit the ground running, we are ready to start immediately, we are looking at signing a joint venture agreement that shows the details of
Managing Director HFC Mortgage and Savings (SL) Plc.Mr. Ahmed Kamara (left); Chairman -HFC Mortgage and Savings (SL) Plc.Mr. J.D. Okrafo-Smart; ChairmanSparklight Property Development Company Limited,Chief Toyin Adeyinka; Company Secretary - Sparklight Property Company Limited, Mrs. Yewande Esan and Director Sparklight Property Development Company Limited,Chief Olusola Dada at the signing of the MoU between Sparklight Property Development Company Limited and HFC Mortgage and Savings (SL) Plc in Lsgos for the development of affordable housing estate in Sierra Leone.
the transaction. Meanwhile, HFC on their own part had secured all other relevant government approvals, we on our part have started work on the preliminary designs of the houses to fast-track the development.” The Chairman, Board of Directors, HFC Mortgage and Savings, Mr. John Okrafo-
Smart, said the initiative was created to cater for the housing deficit in the country. “HFC Mortgage and Savings was created principally to address the demand side of housing. These housing was not there and now, we have discovered a company that is very strong in making not only the houses available, but
affordable homes. So, this is why we are doing joint venture. With their skills and our situation, we believe we can move from deficit to success,” he said. Okrafo-Smart, noted that since HFC is a mortgage company created to relief the housing pressure of low income people; the focus of the collab-
oration would be on those who need affordable homes. “Of course you would also expect that when you do a development like this, you will also provide for the middle class and high income earners with housing, but principally, this joint venture is to address affordable housing,” he said.
Monday, March 10, 2014 33
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
IPC Homes unveils Olive Garden estate, targets 50,000 homes Housing From Chuka Odittah, Abuja NEW drive to boost the A nation’s housing stock is now underway in Nassarawa state, with the launch of a low income housing scheme by a private developer that proposes 50,000 housing units by 2020. The ambitious scheme, promoted by IPC Homes Limited is targeting the housing needs of the Nigeria Police Force, the Nigerian Army, the Nigeria Civil Defense Corps, among others under an affordable home ownership package. IPC Homes recently set up a low cost housing estate called Olive Garden Estate in Gurku, Nassarawa State as part of the company’s target of 50,000 housing units and directly addressing the 17 million housing units deficits experienced by various categories of Nigerians. Currently, the Olive Garden Estate is at a layout stage and the first prototype building proposed to be finished by end of Augus. Managing Director, IPC Homes Limited, Mr. Wale Owomoyela said this was part of his organization’s contribution to tackling the problem of housing deficits caused by many years of neglect. He, however, noted that the only way the low and middle income earners can own their own homes is to avail them low cost housing schemes that are fluid
An illustration of units at the proposed Olive Garden estate, Gurku, Nassarawa State enough to accommodate their low-income status. He noted in addition that part of what is required to surmount the problem of housing deficits is to adopt multiple strategies. “IPC Homes is a unique real estate company with unri-
valed real investment solutions for all social classes of Nigerians. With the inception of our affordable housing project, which started in 2013, we have members of the police, NCDC, EFCC, and Army buying into the scheme. At IPC we believe
that the housing deficit in Nigeria requires multiplicity of strategies. IPC Homes has designed a second phase housing solution which we call the Olive City Estate in Gurku.This estate affords subscribers to pay for their lands on installmental basis
and over 24 months. ”, he said. The IPC boss explained that the reason for housing shortfalls, despite government intervention is because the kinds of housing solution provided by government do not neces-
sarily connect with the socioeconomic status of the masses. According to him, any housing policy that fails to cater for the needs of the artisans, market women, and such low-income earners is bound to experience a hitch.
34
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 35
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Realtors see glut in Lagos Island commercial property market CONTINUED FROM PAGE 31 spaces in V/I range between $800-$1,000 per square metres and $600-$900 per sqm for Ikoyi respectively. But professionals, mainly estate surveyors, said though the spate of construction of grade A office complex is on the rise, the economy may not be able to support their viability. Former president, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Bode Adediji, said with several ongoing projects, there would be excess supply of office spaces, without corresponding demand. “As, not only a professional in that sector and locality but also as an active developer, I would also like to state that the entire Island, including Ikoyi, Victoria Island and its corridors, is witnessing an unabated spate of transformation in qualitative and quantitative real estate development of an unprecedented
magnitude. Unfortunately, the issue of vacancy, void or unlettability will continue for a long time and may even worsen as time progresses for a number of obvious reasons: Firstly, Lagos, the commercial heart of Nigeria, is the main barometer with which to measure the health of our national economy. Accordingly, the prolonged demand deficit for commercial office space is a reflection of an economy that is down and wobbling despite the apparent GDP growth rate.” According to him, the unlettability of this commercial space is a clear testimony to the failure of our persistent effort to attract foreign investors to the real estate sector of the economy, since there are no foreign investors and demand by local investors is paltry, the corollary is glut, adding that, Nigerian developers continue to build for foreign tenants that don’t exist and for
Chicason seals deal on Abuja city centre project Dallas, Texas, USA- based conglomerate, the BALKAN Development Center Ltd for investors to take advantage of the building of a $2.6 billion the liberalized posture of the Abuja Town Centre in 2011. government to come and The ceremony which signinvest in the Federal Capital posted one of the biggest Territory. inflow of investments to the Responding, Chairman and country, took place at Dallas Chief Executive Officer of City, USA between the FCTA Chicason Group promised to delegation led by the immediately deplore the need- Minister, ed resources to hit the ground Senator Mohammed and the running. Balkan Development Centre “The cost of the technical Limited Management led by drawings so far incurred by the its Executive Chairman, Mr. investor is about 60 million US Gene Phillips. Dollars and the Consortium The project covers investhas all wherewithal to execument in real estate, shopping tive the project within stipulat- malls, offices, power generaed timeframe”, he added. tion, infrastructure and so on. It would be recalled that the The development of the Town FCT Administration signed a Centre is expected to signifiMemorandum of cantly raise the tourism, Understanding (MoU) with a entertainment and commercial profile of Abuja.
CONTINUED FROM PAGE 31
Nigerian tenants that exist but cannot afford the product. Adediji warned that urgent step must be taken to avoid bigger crisis in the nearest future. “Finally, not only will the unfolding scenario in property glut affect the rent and rental slump but a bigger crisis is imminent if no concerted effort is made to ameliorate this situation both by public and the private sector operators. “On a more poignant note, if most of these unlet mega properties have been funded through bank loans as is the case in most of the marketdriven, and more opaque economies of our modern world, the consequences of this down-turn will have been more devastating, contagious and consequently trigger depression” he added. Portfolio Executive, Broll Nigeria Property Services, Yinka Omotosho, said the lettable space is not necessarily increasing in existing build-
ings but as the developments in the pipeline get completed the quantum of lettable space will surely increase, adding that, a need for more prime grade offices and anticipation of demand for the office spaces are major reasons for the new commercial office projects. Omotosho, though agreed that the new buildings will affect rental, but insisted it would only be on a marginal note. Chairman, Lagos NIESVs, Mr. Stephen Jagun, said though it is a known fact that the new iconic buildings will impact on the market, he added that it would also drive some of the property owners of old office complexes to improve on their facilities, arguing, that anyway, prices of the existing buildings will drop. To Mr. Olusola Enitan, let table spaces are increasing in the Island. “I think so and the answer is traceable to the deteriorating economic adventure of Nigerian businesses. While some in the oil services and other big corporates may be having a good time, a lot of other businesses are facing challenging times which is mandating a gravitating to lower rent neighborhoods
where companies can have more for cheaper, also increasing rent is a misnomer right now on the Island as businesses are rejecting attempts to increase rents amidst the eco-
nomic struggles. The increasing vacancies will eventually bring about a downward review or rental regime on the Island in the medium and long term.”
36
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 37
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Supreme Court resolves ownership claim to Osun land Litigation Stories Emmanuel Badejo NABLE to sway the mind of U the court, five families in Osun State have finally lost their bid to maintain ownership claim to a vast landed property in Osun, courtesy of the Supreme Court of Nigeria. The judgment affected Alhaji Oseni Olaniyan, Chief Buraimoh Dunmoye Balogun, Alabi Lasisi, J. Adio and Lateef Adeleke, who were sued by a late Abiodun Fatoki. But while the suit lasted, Fatoki passed, and his wife, Chief Mrs. E.T. Fatoki substituted him. On appeal, Fatoki was the respondent, having won the case but at the trial court and Court of Appeal, respectively. At the Osun State High Court,
This was an appeal against the decision of the Court of Appeal, dismissing the appellants’ appeal against the judgment of the High Court granting the respondent’s claim. The Supreme Court, in a unanimous decision, dismissed the appeal. the respondent as administratix of the estate of her late husband, Chief A. Fatoki, claimed against the appellants damages for trespass on the land located along EdeOsogbo road, Ofatedo Area, Osogbo covered by deed of conveyance of 13th March 1975 and registered as No. 2 at page 2 in volume 1706 of the Lands Registry at the office in Ibadan. She also sought a perpetual injunction restraining the appellants, their servants,
agents and/or privies from committing further acts of trespass on the respondent’s land. The appellants filed their statement of defence wherein they counter-claimed for damages for trespass committed by the respondent, her servants, agent or privies on the controversial land. They also asked for an injunction restraining the respondent from committing acts of trespass on the land in dispute.
Ogun to issue titles under homeowners’ charter scheme in April Housing NUNDATED with comIforms plaints of hoarding the for the Homeowners’ Charter Scheme in some centres, the Ogun State Government, has introduced some internal control mechanisms to prevent moves to sabotage the development drive of the state through the scheme. In the recent times there
have been complaints of some sharp practices among state and bank officials hoarding the forms, and thereby making it difficult for common citizens of the state, who want to leverage on the offer to obtain the form. Besides, The Guardian reliably gathered that the alleged hoarding has made the forms to be scarce, and where available, it is sold above the normal price.
Speaking with the state’s Public Relations Officer, Land Bureau, Mr. Ademola Orunbon, who confirmed the position, said with the measures put in place now by the government, the forms are now available in all the centres designated for the sale. According to him, the state’s Commissioner for Finance, Mrs. Kemi Adeosun, was said
CONTINUED ON PAGE 47
The respondent’s case was that her late husband in 1975 acquired the land in dispute from the paramount ruler of Ede, the Timi of Ede, by a deed of conveyance registered as No 2 at page volume 1706. Timi Ladosu became possessed of the land through his ancestor Timi Afinju, the then Timi of Ede, who initially acquired the land by conquest. Timi Afinju subsequently settled many people as his customary tenants on various parts of the entire land such as Ido-Osun, Ofatedo, Awo, Iwaye, Ara, Sekona, Oloki and others. Late Mr. Fataki, the respondent’s husband, in his lifetime, exercised rights of possession and ownership on the land, and on his demise his wife further asserted and continued exercising possessor and ownership rights over the same parcel of land, warding off trespassers by erecting large signboards on it. In 1994, Fatoki further claimed that the appellants wrongfully entered the land, removed the ten signboards erected on the land by the former. The appellants continued to stay on the land in spite of repeated warnings. On the other hand, the appellants’ case was that, the land in dispute known as Ofatedo was never owned by the Timi of Ede. Each of the appellants stated that his great grandfather acquired the land in dispute through inheritance from his father or uncle who in turn inherited same from his father. Giving the historical background on how the became owners of the land, the appel-
lants said that following an appeal by Oba Adegboye, Osungbekun allocated to their ancestors the area known as Ofatedo, which includes the area dispute. Further, they said Oba Atoloye granted to each Bale a parcel of land from the area allotted to him by Osungbekun. Since then, they claimed, their ancestors through whom their fathers and the inherited enjoyed possessory and ownership rights over the parcel of land until the respondent bulldozed the land and destroyed their crops, which act explained the appellants’ counter-claim. Upon conclusion of hearing, the trial court in its judgment on 8th May 1998 found the respondent’s case established. The court, found that Fatoki had made out her case while the appellants and counterclaimants did not. The court consequently declared title in favor of the former, while it held the appellants liable for trespass. Appellants’ counterclaim was equally dismissed. Aggrieved by trial court’s foregoing decision, the appellants appealed to the Court of Appeal, Ibadan Division. The Appeal Court in its judgment of 6th May 2003 dismissed the appellants’ appeal and affirmed the trial court’s judgment. Still dissatisfied, the appellants appealed to the Supreme Court, which conclusively unanimously dismissed the appeal. In his lead judgment, Justice Musa Dattijo Muhammad said he agreed with the lower court’s reasoning, as the
respondent, was adjured to have established her title to the land. “I cannot agree more. Having established that the land in dispute was conveyed to her late husband by Oba Adetoyese Laoye , the then Timi of Ede by virtue of exhibit ‘A’, a deed of conveyance; that the in dispute had evolved on the said Oba Laoye from the first Timi of Ede, who had conquered the place and became the original owner of land… the appellants are estopped from relegating the fact of the land in dispute belonging to the said Oba Laoye and further fact that the appellants were customary tenants of the Timi of Ede, a decision other than that of the trial court as affirmed by the court below is impossible.” His lordship continued: “With learned appellants’ counsel failure to demonstrate that the findings of the two courts are neither based on pleadings and evidence on record nor that they suffer such short comings that have occasioned any miscarriage of justice, the decision of the court below affirming the trial court’s earlier finding must persist. I so hold.” According to Muhammad, …I resolve the crucial issues raised by the appellants against them, find no merit in their appeal and dismiss same. I award costs of this appeal, the appeal at the court below and of the suit at the trial court assessed cumulatively at N300,000.00 against the appellants in favor of the respondent.”
38
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 39
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Lagos housing outlook ‘still very positive’, says report Housing By Chinedum Uwaegbulam OOD news is coming on G the way of prospective homeowners and key players in the housing market, as data released by a private firm showed considerable increase in units delivered last year. The report on Spotlight On Lagos Housing Development 2014 Outlook, released by Residential Auctions Company (RAC) claim that supply of new housing stock in Lagos has grown steadily over the last five years; and estimate that no fewer than 7,000 units have been delivered over this period. In 2012, the total number of units delivered into the market was slightly above 1,500 units. This rose by 48.2 per cent as 2,299 units were delivered in 2013. “The significant rise in the number of new units implies that developer’s are buoyed by the recent economic conditions and are keen to fill the supply gap in the market despite not having sufficient access to credit with many having to turn to joint ventures as a means of financing future housing d e v e l o p m e n t s . “Our assessment of this is based on developments that deliver no fewer than ten units. The local housing market has shown it is not immune to the effects of the global economy as the supply of new units dropped to fewer than five hundred units in 2 0 0 9 . “This was the height of the global economic recession that led to the withdrawal of credit from the financial markets leaving developers with no access to funds to complete development projects. The global economic recovery has since boosted the growth in the annual delivery of new housing units as local banks are more inclined to finance housing developments that were deemed to be economically viable and profitable.” According to the report, the joint venture agreement in 2009 between the Lagos State Government (LASG) and several private real estate developers under the PPP initiative to increase the state’s stock of housing by 15,000 units over the next five years, has yielded less than 10 per cent of this figure. This is yet another indication of the challenges developers face in accessing real estate finance and the complexities of securing adequate t i t l e s . In addition to the PPP agreements, the LASG on its own through its various agencies such as the Lagos State Development and Property Corporation (LSDPC) and Lagos State Ministry of Housing have also added to the growing housing stock. Between 2010 and 2013, a total of 1,096 new housing units have been delivered by both agencies according to our e s t i m a t e s . However, the report noted that despite the large number of new units delivered last year, there remain an overwhelming number of projects that are still in the pipeline across Lagos. These encompasses developments that were initially scheduled for delivery in 2013 but due to lack of funding or due diligence issues are still awaiting
Despite the large number of new units delivered last year, there remain an overwhelming number of projects that are still in the pipeline across Lagos. These encompasses developments that were initially scheduled for delivery in 2013 but due to lack of funding or due diligence issues are still awaiting completion, alongside newly planned housing developments for 2014 which are scheduled for delivery in 2015 and beyond. completion, alongside newly planned housing developments for 2014 which are scheduled for delivery in 2015 and beyond. For instance, Beach Resort Estate by First Spring Realtors. Beach Resort Estate is a 227 mixed residential estate located in Lekki which was planned for development in 2009 during the financial crisis but construction has since been suspended due to lack of
funds. It is more than likely that this development will be taken by up new investors later in the future. This case is not an isolated case as there are several more similar cases. “Our estimates on the market, there are about 1,037 units currently in the development pipeline for 2013 of which 50 per cent are made up of apartments units. We expect to see 80 per cent of these developments to be delivered in 2014.
We also estimate there are currently circa 2,851 planned new units in the development pipeline for 2014 of which over 80 per cent consists of apartment units. We expect to see between 65 per cent-70 per cent of these developments being delivered over the next 12 months and beyond. The high number of units in the development pipeline for 2014 is due to several mass housing develop-
ments consisting of 25 or more units being planned for construction, according to RAC Director, Mr. Rotimi A k i n l o s e . He told The Guardian that the private sector is still the front-runner as the provider of new housing units. In 2012, over 90 per cent of new housing stock was delivered by the private sector, a total of 1,450 units. For the subsequent year, just about a third of new stock was supplied by this sector as several mass housing PPP projects such as Chois City Estate and Gooduck Jonthan Estate were also completed. These projects are a clear demonstration of how PPP initiatives are acting as a major catalyst to boost housing stock with the objective of reducing the housing deficit in the state but as the figures
show it is nothing but a drop in the ocean. The report disclosed that the reluctance of buyers to take up mortgage finance can be attributed to several consequential factors that include but not limited to the excessive interest rates being charged by the local financial institutions, low amortization period, management fees and other annual charges. Typical interest rates often range from 19 per cent24per cent per annum depending on the institution and risk profile. While management fees range from 4per cent -5 per cent per annum, front-end loaded. Amortization periods often range from 5 years - 10 years as opposed to 20 years - 25 years that is the common practice in most standard markets.
40
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
41
42
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 43
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Quantity surveyors’ workshop in Oshogbo Professional Practice HE Nigerian Institute of T Quantity Surveyors (NIQS) will hold its International
Brigadier General Mobolaji Johnson (Rtd) and Alhaji Lateef Jakande picking the winners in the maiden edition of the LagosHoms draw, last week
369 houses for April LagosHOMS draw as low turnout mars first edition Housing By Tunde Alao and Emmanuel Badejo ROM the housing stocks FOwnership under the Lagos Home Scheme (LagosHOMS’), a total number of 369 housing units of different house types are billed to be unveiled in the April raffle draw. This was revealed by the Executive Secretary, Lagos Mortgage Board, Mr. Akinola Sagoe, last week in Lagos, during the maiden raffle draw that produced 31 winners. The Guardian gathered that out of the 322 applicants that applied for the scheme, 98 qualified for the first draw, which took place at the Blue Roof, Lagos Television, Ikeja, Lagos, Nigeria. The Lagos Mortgage Board, LMB, the board in charge of managing the mortgage is expected to make 200 homes available for grab every month. In this month, only 31 applicants were successful homeowners, leaving 169 houses surplus to requirement. The 169 houses will be added to the 200 homes for grab in the April draw, making
As the board rolled out the drums to announce 30 winners in its first raffle draw last week, more questions are begging for answers over affordability, apathy on the said winners many of whom were not on ground to grace the occasion a total of 369 homes on display for next month’s draw. But many of the winners did not participate in the raffle draw, as only three of 31, representing less than 10 percent took part in it, and this necessitated observers to query the process that produced the winners. Beside this, some are of the view that the homes are not affordable to common man, as the least a one- bedroom apartment at Epe, going for as much as N4.3million, which will mean any subscriber will be paying as much as N35,000 on monthly basis, making the offer almost out of reach to low-level working class, whose take home pay may not be more than N45,000 monthly. Also, there are those who queried the transparency of the process, particularly, ability of the board to actually ensure that, the new homes are taken over by first time homeowners in Lagos. To this Akinola said, the
board was wary of the possibility of this happening but to ensure that it forestall this, the board has made it mandatory for every applicant to swear to an affidavit as first time homeowner in Lagos, insisting that it is criminal to lie under oath. When confronted with the low turn out of winners at the event, Akinola said: “Today is a working day. Besides, many of them do not believe in the scheme. But now that we have started, I can assure you that turn out would be impressive going forward.” As planned however, those that honored the event received keys to their homes. At the event, Governor Babatunde Fashola, emphasized the need for prospective home owners under the scheme to pay their monthly mortgage regularly, pointing out that it would ensure that money would always be available to build more houses and give other taxpaying Lagosians the opportunity to
also benefit from the scheme. He told the prospective home owners that “I want to make, perhaps, the most important appeal that the right to own a home also brings with it responsibilities. One of the important responsibilities that successful homeowners will have is the responsibility to pay the monthly mortgages; that is their commitment and their responsibility. “By so doing, you will bring back a pool of money into the system that allows us and enables us to build for other people who have also paid taxes and who are waiting on the queue.” The governor said that if all mortgage owners who benefited from the scheme pay up their mortgages promptly, in seven years time, the scheme would become self-sustaining. According to the Fashola, this would ensure that the government would no longer need to put any more money into this scheme because of the money that would be coming out, adding that the beneficiaries must also pay maintenance charge, pointing out that the scheme would not allow a situation where after houses had been sold to the people, gov-
ernment would still bear maintenance responsibilities. The governor lamented that the homes built by Alhaji Lateef Jakande had been neglected, saying that in the last few years, government had been cleaning up the houses, warning that “this will not be allowed under this scheme. Home owners must take responsibility for their homes and pay maintenance charges.” Fashola said such self-maintenance would provide jobs for estate management firms and other small companies providing services such as installation and repair of electrical and other household appliances, clearing of drains and other responsibilities that would provide jobs for unemployed people. On the second phase of the Lagos HOMS initiative, the governor said the Committee was already working out the modalities that would allow Private Sector builders to participate in the scheme, explaining that government would be the guarantee purchaser of the homes built by them for sale to the public under the scheme. “By so doing, we will be in the position to either double or triple the number of homes from 200 to 600 or 800 per month if we allow private sector to build. We will buy from them and put into the mortgage pool and distribute out,” the governor said.
Workshop on ” Towards Sustained Growth of Emerging Economies in Africa- The Infrastructural Imperatives” between March 14-25, 2014 at the Leisure Spring Hotel, Ring Road, Oshogbo, Osun State. A statement signed by the Secretary, NIQS Marketing and Corporate Affairs, Mr. Jide Oke, said sub-themes to be discussed include efficient project management of infrastructure in Emerging Economies of Africa, Effective Cost Management of Infrastructural Development as a Sine Qua Non for growth in Emerging Economies as well as Sources and Alternatives for financing infrastructure in Emerging Economies. Distinguished personalities expected at the event include Speaker of the House of Representatives, Aminu Tambuwa and all Executive Governors drawn from the southwest, such as Osun (host state), Lagos, Oyo, Ondo and Ekiti States, who are champions of infrastructural developments in their respective states. The two-day workshop will boasts of eminent international resource persons from Nigeria and the African SubRegion such as past NIQS President and Africa Association of Quantity Surveyors (AAQS) President, Mr. Olusegun Ajanlekoko, the current President of AAQS, Mr. Michael Frimpong. Other resource persons expected at the international workshop are the Past Chairman of Lagos State Chapter of NIQS (and now Vice President (West) for AAQS, Mr. Obafemi Onashile and Mr. Mathew Ngulube (Vice President (South) for AAQS. NIQS was founded in 1969 by a group of Nigerians who trained, qualified and practiced in the United Kingdom but who upon returning to Nigeria sensed the urgent need to develop the profession of Quantity Surveying in Nigeria by establishing a parallel body to the Royal Institution of Chartered Surveyors of United Kingdom.
NIESV plans Owerri secretariat as Imo spends N273m on compensation From Charles Ogugbuaja, Owerri
Professional Practice FTER several years of operA ating without a befitting office accommodation, the Imo state branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), has performed its ground breaking ceremony for a permanent ultra modern secretariat. The exercise was done in collaboration with the Estate Surveyors and Valuers Registration Board of Nigeria
at the site in Nekede, Owerri West, Imo State. The parcel of land measuring approximately 5,251 meters, is expected to have several rooms, halls and facilities for their smooth operations and conveniences. In the ceremony attended by an array of personalities, including the Imo State commissioner for Land, Survey, Housing and Urban Planning, Chief Uche Nwosu, the President of the institution,Mr. Emeka Eleh, represented by an official of the institution, Okey Ogbonna, the chairman of the ceremony and a Professor of Estate Surveying, Iche Upkai,
the Imo state Surveyor General, Casmir Anele, the Acting Permanent Secretary of the Imo state Ministry of lands, Basil Ogbunga, the Director of Lands in the state ministry , Jude Ude among others. NIESV President, who urged members to ensure timely completion of the project, also commended both the state government and the host community for allocating the large expanse of land for the erecting of the building. Eleh appealed to the state government to include a member of NIESV in the Land’s Committee, adding that such steps would help government
not to lose appropriate revenue. According to him, 10 per cent would be charged by participating members in such land transactions. Speaking both the chairman of event and the Imo State branch chairman of the body, Upkai and Chief Hogan Achigbu, said historically, the institution had come a long way with inroads, stressing that both the living and departed professionals had contributed to the growth of the NIESV. They said the institution had received approval in principle to start their course at the Federal University of
Technology, Owerri (FUTO) on estate management, adding that with the problem of general falling standards in education, the institution plans to achieve its dream of College of Estate Management to boost professional education in the field. In his speech, the state commissioner for Lands, Nwosu, said the state government recognised the need of the professional body, and increased the allocation from about 3,000 square meters to over 5,000 square meters. Nwosu who donated 100 bags of cement to the body for the project, urged the mem-
bers of the institution to help government in planning and enforcing the designated areas to build, adding that the state government required more lands for development purposes. He warned that those who fail to develop lands allocated to them, risks losing them to revocation. Meanwhile, Imo State government has paid a total of N273 million as compensation to land owners in Ngor Okpala Local Council of the state. The land was acquired by the State government for Free Trade Zone.
44
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 45
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Akwa Ibom, Ondo award contracts for Security Village, Igbokoda road projects Projects OWARDS uplifting the living T standards of some cadre of workers in Eket Local Government Area, Akwa Ibom State Government has awarded contract worth N1.5 billion for the construction of Security Village. The State Government has also paid compensation worth N500 million to landlords for the acquisition of land for project. The Security Village is to be occupied by the council Chairman, Vice Chairman, Head of Service, Treasurer and Divisional Police Officer, among others. Governor Godswill Akpabio who dropped this hint last week at the Eket Council Hall during a town hall meeting and constituency briefing for Eket Federal Constituency of the state was reacting to nonoccupation of the village by some council chairmen. In Ondo, the state authorities have approved the rehabilitation and asphalt outlay of a 31.2km Igbokoda-Ugbonla road in the Southern senatorial district of Ondo State at a cost of
70 years, 140km road map, which he said is meant for the good of the entire state, and thanked the constituency for supporting his administration inception. While Akwa Ibom told people of Eket council that delay in the construction of since On the beautification of Eket town, he said it would comthe Security Village was caused by disagreement between the landowners mence after dualization of and the government over payment of compensation; Ondo is set to rehabilimajor roads linking other parts of the state, saying the state tate and asphalt outlay of a 31.2km Igbokoda-Ugbonla road government would partner Niger Delta Development ment”. disagreement between the N4.313 billion. The road conHe stated that his administra- Commission (NDDC) and landowners and the governstruction was awarded to a ExxonMobil to renovate Ibeno ment over payment of compen- tion has appointed persons Chinese firm, CRCC sation, appealing to indigenes from Eket Federal Consistency Beach and also roads leading to Construction Company Ibaka Deep Seaport which into key positions at the state of the area to give peace a Limited. would create employment and national levels such the Information Commissioner, chance to enable the contracopportunities for the youths. tors to complete the project on recent appointment of the Kayode Akinmade made this Chief Akpabio called on the NDDC Chairman, Mr. Bassey schedule. known to newsmen after the Federal Government and NDDC Dan Abia, among others, and The Governor stressed that state Executive Council the 10-day town hall meeting in thanked President Jonathan for to intercede in the standard of meeting in Akure . The road, which was initially constructed the 10 Federal Constituencies of the confidence and love he has living of the Ibeno people through clean means of drinkfor the constituency and the the state was to pave way for by the previous government ing water as drinking water in collapsed shortly, necessitating interaction between the people state as a whole. the latest effort of the Mimiko and the state government to know the way forward by creat- Akpabio disclosed that almost administration. The road which is the project ing harmony and access to the 200 rural projects have been executed in the constituency, of the Ondo State Oil Producing vision of the government and Area Development Commission for the people to table issues or which he said President Jonathan would soon visit the (OSOPADEC), the Commissioner ideas they want the governstate to commission the gas said, will bring a lot of relief to ment to consider. According to him, “The town processing plant in Esit-Eket, the people of the area as most with a 69km gas pipeline from part of the road have given in to hall meeting is part of demoEsit-Eket to Uyo. erosion. The governor has also cratic tradition, where elders The Governor further said that come together to discuss with commissioned the Igbokoda International market that has the government on issues. It is the constituency has also benealso a unique opportunity of a fitted from the construction of over 1000 shops. security villages, free and comGovernor Akpabio explained two-way dialogue, where the that the delay in the construc- people tell the truth about the pulsory education, free medical treatment for the elderly above tion of the village was caused by good dividends of govern-
Stakeholders hold talks over proposed Cross River’s Summit Hills project Projects S construction work in the A new development area in Calabar known as Summit Hills gathers momentum, the Cross River Government last week charged stakeholders in the hospitality and allied services to brace up to take advantage of the business opportunities to be thrown up. Summit Hills is an integrated project with a medley of convention, recreation, residence and healthcare facilities within a unique and idyllic location bounding the Tinapa Business Resort and Calabar Free Trade Zone. At completion, the Summit Hills will encompass a worldclass golf course, a state-ofthe-art international convention centre, 105-bed hospital as well as exquisite residential quarters. Making the charge at a oneday workshop entitled: Sensitization on the on the Socio-economic Impact of the Summit Hills Development, held at the Transcorp Metro Hotel, Calabar, Governor, Senator Liyel Imoke said in order to leverage on the vast opportunities the Summit Hills would offer, players in the hospitality sub-sector of the state economy must, as a matter of priority up their games in order to avoid being eclipsed. Addressing participants made up of hoteliers, healthcare providers, golf enthusiasts and representatives of the Carnival Commission and property developers, Imoke who allayed the fears of local players in the sector, however, charged them to be
innovative and creative in their service delivery. The Governor further remarked that the Summit Hills hotel was not meant to drive local hoteliers out of business. He said that there was need for operators to upgrade their services because while some were expressing fears that the proposed hotel would throw them out of business, some others were expanding their facilities. He stressed that nothing was being done without planning by his administration. He said the various projects enunciated by his administration within the Summit Hills were not only envisaged to drive the local economy and position the state as a true destination, but also to bring the Tinapa Business Resort closer to the city centre. He disclosed that Calabar International Convention Centre (CICC) would be the first multi-purpose-built international conference centre in Nigeria, adding that with Cross River rated as the fastest growing economy in the country, the vision was for the Summit Hills to drive the local economy and position the state as a destination. According to him, Nigerians like to meet and in the right places too, and while looking at the market, it calls for change of image because it is expected that it will attract about 200,000 persons with a minimum of 10 million dollars each year, which is a huge market and not to think of its multiplier effect. Governor Imoke said
buoyed by the attractive market, the state had not taken chances by looking for the best to provide the best, adding that Calabar was a leading conferencing destination of Nigeria apart from Abuja and Lagos.
The governor noted that apart from aesthetics and environment, CICC will be fitted with translation gadget which places it on a class of its own within the West African sub-zone.
Ibeno is already contaminated by oil spill and pollution. The state Special Adviser, Bureau of Political and Legislative Affairs, Emmanuel Ibiok said that the present administration is people centered in the inauguration of projects, which he said the government is leading and impacting the dream of transformation in the state, stressing that the evidence of democracy in the state is seen by all, an indication that indeed government can work. Ibiok explained that the town hall meeting provides the government a platform to get feedback from the people and to actualize the yearnings of the people in the last six years, which, he said, is the beauty of democracy.
46
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 47 47
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
Building control agency begins sensitisation in Ikorodu Physical Planning By Tunde Alao OLLOWING the new predicFMeteorological tion by the Nigerian Agency of an extreme weather in some parts of the country, Lagos State Building Control Agency (LASBCA) has moved to sentisise the residents on government policies and plans aimed at ensuring a safer environment. The agency met with stakeholders at the Ikorodu Town Hall, and in attendance, includes LASBCA officials, Chairmen of Ikorodu local government and other Local Council Development Areas (LCDA), executives of various artisans, block makers, and Community Development Associations’ executives, among others. The General Manager of LASBCA, Dr. (Mrs.) A Abimbola Animashaun-Odunayo, said the meeting was staged to avoid unnecessary demolition of buildings, especially, the ones that doesn’t meet the required specification. Animashaun-Odunayo, noted that the rate at which buildings are collapsing in Lagos has been of grave concern to government, particularly, those that are induced
As the rate of building collapse grows, especially in Lagos, its agency in charge of building control is not leaving no stone unturned; LASBCA has held meeting with stakeholders in Ikorodu and charged them to be good ambassadors to the government by reporting those that use sub-standard building materials, non-qualified artisans and “pseudo-professionals”. by the use of sub-standard building materials, non-qualified artisans and “pseudoprofessionals” in the building industry. “This stakeholders meeting has become imperative in the sense that rainy season is around and we normally witness collapse of buildings during this period, hence, the need to sentisise our people on what to do and what not to do” said the LASBCA’S general manager. She informed the gathering that to build a house, the agency must be aware right from the beginning. Right from foundation, to the finishing, LASBCA must be involved to ensure that the foundation is according to the specification up to the second stage, the roofing and ceiling. Every stage of construction must be certified. “It is important to ensure that registered plumber, electrician, mason, certified professionals are involved. The contractor handling such project must provide insur-
Ogun to address complaints on homeowners’ charter scheme CONTINUED FROM PAGE 37 to have had a meeting with both the state and banks’ officials, during it was said she instructed them not to neither give room for hoarding the forms nor inflate the price, adding that as at today the Ministry of Physical Planning still rolling out forms to Homeowners’ Charter Cabins across the state for availability of forms to interested homeowners. “We heard about it and we have seen to that. The forms are now available and everything is going on smoothly. Though we went there to observe the situation, but everything is under control.” With the checks, Orunbon, enthused: “Am assuring you that there is no cause for alarm as we have arrested the issue because we heard about it and swung into action. We have even directed the interested members of the public not to buy the form above the normal price of N5,000,00. To ensure that the forms are not sold beyond the fixed price, Orunbon said the state government has embossed a price tag on the new form, which was not done on the former. In a statement by the state government, Ogun under its Homeowners’ Charter Scheme would issue 1,500 Certificate of Occupancy, as plans are on ground to launch a website that would provide comprehensive information and procedures on land matters, including industrial, agricultural and residential locations and acquisitions as well as title documents processing next month. According to the Special
Adviser/Director General Bureau of Lands and Survey, Mr. Adewale Oshinowo, the state had decided to upgrade its land information system, engaging IQ System Solution Limited, GeoQinetiq Limited, Spatial Matrix Limited and Digital Spatial Solutions Limited. GeoQinetiq would launch the first modern Continuously Operating Reference System (CORS) network in the Country for Ogun State to upgrade its survey system. The network of three CORS stations being implemented on this project would enable the government to determine where to locate its infrastructure and help the government address boundary disputes and reduce loss of territory and the inherent loss of revenue. Another four CORS stations would also be implemented, as the project would allow surveyors, government agencies and members of the public to have access to data through radio satellites, GPRS, internet and post processing. The design, planning, re-observation and correction of 200 first and 200 second order survey controls all over the state, is also currently underway. Spatial Matrix has implemented an up-to-date cadastral system based on global best practices for the Bureau. This also has a Web GIS capability, which means every government department and members of the general public would soon be able to view Ogun State geodata online. They have already commenced fieldwork to gather the much needed data from every part of the state. Deadline for the forms is now March 31, 2014.
ance; not only for the building, but also for the workers on site, who may in the course of doing their job, sustain injury. So, contractor must provide insurance”, she said. Besides, the agency is also saddled with the responsibility of ensuring good drainage, toilets, fire safety maintenance and other facilities that can have direct negative effects on the stability of the structure. However, the general manager harped much on the need to make use of genuine rein-
forcement, block and other materials, but emphasized that any building under construction must provide “Project Board”. This is to bring into public notice, the nature of the building under construction, the professionals handling the project and other information required to let the public know who is the architect, the engineer, plumber, and so on. “All these information are necessary because government is not out to create sorrow for anybody, but at the
same time, we will not open our eyes and allow developers or landlord cutting short the lives of our people simply because they want to cut corners”. Speaking in the same vein, Chairman, Ikorodu Local Government, Mr. Sheriff Anipole, urged the people in the council area to embrace the new order introduced by the government. “In the old days, blocks may not be used after being molded until seven or more days, thereby, creating room for solidification. But nowadays, the desire to get it done quickly has robbed us of the safety of the yesteryears, but we are happy that Governor Bbatunde Fashola is out to ensure that lives and property are not wantonly destroyed as a result of the enumerated
anomalies”. Echoing similar remarks, the Chairman of Igbogbo-Bayeku LCDA, Mr. Adegbenga Fasanya, noticed that block makers has a lot of role to play in achieving quality housing production. Earlier, Director, Inspectorate and Quality Control Department, Mr. Stephen Osinowo, an engineer, and his counterparts in Post Construction Department, Mr. Sodeinde Ayotunde, also an engineer and Head of Building Administration Department, Ajeigbe Olusola, and Public Enlightenment, Mr Aremu Taiwo, asked the gathering to ensure that they report any distress buildings in their location to the appropriate department.
48 Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
HOMES
PROPERTY GUIDE
FCTA commissions refurbished GIS system, to generate N2b monthly Land Matters From Terhemba Daka, Abuja ITH the upgrading of its W G e o g r a p h i c Information System (GIS), the Federal Capital Territory Administration (FCTA) has drawn a battle line against fraudulent activities over the land management of the capital city. And, if the refurbished system works as planned, the administration would henceforth on monthly basis generate a sum of N2billion beginning from the end of March 2014. The drive is part of the authority’s vision to check land fraud as well as boost its
Internally Generated Revenue (IGR) base. FCT Minister, Bala Mohammed this while commissioning the GIS upgraded technology infrastructure in Abuja last week. In his speech, Mohammed said the step to check fraudulent activities on its landed property became imperative, as the administration was loosing N10 billion annually due to proliferation of illegal survey documents, violation of its IT systems by fraudulent persons, leading to cases of double allocations, land racketeering and forgery. According to the Minister, the FCT administration had already taken measures to forestall violation of its sys-
tems and ensure that honest landowners and intending ones are saved from the pains inflicted by fifth columnists. He said that the effort recently aided the administration to fish out some fraudulent officers most of whom were indicted and handed over to the Economic and Financial crimes Commission (EFCC) for prosecution. In her address at the occasion, the Executive Director, Abuja Geographic Information Systems (AGIS), Hajia Jamila Tangaza, revealed that at the end of February, the agency raked in N1.54 billion as revenue into the FCT coffers, and assured that the amount would hit N2billion with the upgrade of its systems aimed at plugging holes in all areas. “Every single month we are charged to sweep to the FCTA treasury the dues we have collected on behalf of the FCT. I am pleased to inform you that as at the 22nd of February this year, AGIS was able to sweep over N1.54 billion to the FCT treasury. “We are seeing the improvement based on the leakages and the improvements that we have been managing to close, with the help and support of the skilled staff found in AGIS. In the past it used to be in the region of N700N900 million but now we are hitting N1.54 and I am hoping that by the end of the year we will be looking at N2 billion per month. Earlier, Tangaza lamented that most of the computer servers, workstations and peripherals had exceeded their lifespans since inception in September 2003 resulting in impaired, erratic and inefficient operations while leaving the system open to abuse and misuse. She explained that with the new systems upgrade, it will become “extremely difficult” for fraudsters to manipulate its systems “because the software we have will not be able to give you the abilities without authorization.” “In the past the hardware and the software were a lot more flexible and open to abuse and misuse, but now we have tightened things up and the effect is that there is going to be not just the speed with which we carry out our duties, but it’s going to be a lot more secure and more transparent.” “With this new systems infrastructure AGIS will guarantee the security of the valuables land-related data stored in our databases by deploying a disaster recovery site at the ultra-modern facilities of Galaxy Backbone. This will enable us to automatically recover from any disaster whether natural or manmade,” Tangaza added. AGIS was established with the responsibility for generation, management, and administration of geospatial and land related matters in the FCT including handling of “data capture”, processing and computerization of land related departments as well as customer services such as billing and revenue collection among others.
Monday, March 10, 2014 49
THE GUARDIAN www.ngrguardiannews.com
THE ENVIRONMENT
PROPERTY GUIDE
Makoko, a part of the Lagos Lagoon, recently
Chemical concentration in Lagos lagoon is high, study warns Chemicals By Chinedum Uwaegbulam
The project generates global and national environmental benefits by effective management of POPs in the Lagos Lagoon through engagement with communities and businesses with the aim to determining spatial distribution of POPs concentrations in the water and depositional sediments
STUDY released by a coalition around the Lagos lagoon are A of environmental groups considerably high constituting have warned that water, fish, soil, sediment and egg found in the Lagos Lagoon are contaminated with varying amounts of Persistent Organic Pollutants (POPs) and pose risk to human health. The findings show that a significant and persistent level of POPs exists in water, sediment from the Lagos lagoon and this is mainly due to continuous indiscriminate industrial discharge causing pollution of the water ways; POPs concentration in fish, chicken eggs and soils from communities (Ilaje, Okobaba, Iddo, and Apapa)
POPs and some other chemicals are generally referred to as “Dirty Dozen” globally. POPs serious health hazard to are carbon-based (organic) Lagosians. Likewise human exposure to POPs as noticed in chemical compounds and mixbreast milk of few breastfeeding tures that are highly toxic; permothers is sufficient for public sist in the environment. Essentially, the study on health concern. Community Action to reduce The study was conducted by the Pollution Load of POPs and Nigerian ASP Implementation other PTS into the Lagos Network (NASPIN), funded by Lagoon, Lagos State was conthe Global Environmental ducted by Sustainable Facility/Small Grants Environment Development Programme (GEF/SGP) - impleInitiative (SEDI) on behalf of mented by United Nations NASPIN. According to Mr. Tom Development Programme (UNDP) but executed by United Aneni of SEDI, “ the high concentrations of endosulfan Nations Office for Project alachlor, aldrin, DDT and linServices (UNOPs) for NGO’s in dane in fish samples indicates Nigeria.
that large quantities of these substances are used, and which are subsequently absorbed by fish and other aquatic organisms in the water body. These ultimately on the long term could result in damage to vital organs in humans.” Aneni recommended for regular surveillance and policing of the lagoon and enforcement of relevant legislation against polluters of the lagoon by the Lagos State Environmental Protection Agency (LASEPA). He also called on neighbouring communities and inhabitants to become vigilant and aware of the need to protect the lagoon. NASPIN National Coordinator,
Mr. Leslie Adogame said: “We now know that a growing body of scientific evidence associates human exposure to individual POPs with cancer, neurobehavioral impairment, immune system biochemical alterations and possibly dysfunction, reproductive dysfunction, shortened period of lactation, and diabetes. “This concern sparked our interest and motivation to implement this 12-month pilot project which is based on local concerns on the health impact of chemicals substances as well as the need to support the ongoing effort of the National Chemical Policy framework of the Strategic Approach to Integrated Chemical Management (SAICM) and the Lagos State Government effort in sanitizing the state towards recovering its lost ecosystem and biodiversity towards mak-
ing it a megacity-compliant status amongst other similar coastal cities of the world.” Adogame explained that the broad goal of the project is to generate global and national environmental benefits by effective management of POPs in the Lagos Lagoon through engagement with communities and businesses with the aim to determining spatial distribution of POPs concentrations in the water and depositional sediments in relation to key sources, pathways, and loadings to the Lagoon. A member of the group, and Executive Secretary of Friends of the Environment (FOTE), Mr. Chike Chikwendu noted that the project began in 2010 and was completed last year. “It showed that it is possible for NGOs to come together as network to attract funding and undertake complex projects.
Nations launch new global partnership to green economies by 2020 The Environment OUNTRIES are set to boost C their economies through a shift of investment and policies towards a new generation of assets that include clean technologies and resource efficient infrastructure, green skilled labour, well-functioning ecosystems, and good gove r n a n c e . Such a transformation, supported by the UN-led Partnership for Action on a Green Economy (PAGE), will pay significant dividends in social, environmental and economic terms. PAGE aims to extend its support to a total of 30 countries by 2020 such as
The event is one of the first opportunities, since the UN Rio+20 conference in 2012, for governments and other stakeholders to take stock of national progress on the Green Economy as a pathway for achieving sustainable development and poverty eradication. Burkina Faso, Peru, Mauritius, Mongolia, and Senegal. Well over US $11 million were announced in support of PAGE activities by donors including Finland, Norway, the Republic of Korea, Sweden and Switzerland. The announcement was made at the first Global PAGE Conference, hosted by the United Arab Emirates (UAE), under the auspices of His
Highness Sheikh Mohammed Bin Rashid Al Maktoum, VicePresident and Prime Minister of the UAE and Ruler of Dubai. The event attracted more than 30 ministers of finance, environment, labour and trade from around the world in addition to high-level UN officials, international experts, representatives from the business community and civil society.
In his welcome address, the UAE Minister of Environment and Water, Rashid Ahmed Bin Fahad, speaking on behalf of His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, referred to the UAE’s Vision 2021 and Green Growth Strategy, which was launched in 2012. Minister Rashid Ahmed Bin Fahad said: “As the United Arab Emirates begins its own journey towards a more sustainable future, it is fitting that we host the inaugural meeting of the UN-led Partnership for Action on Green Economy - PAGE. “
Speaking on behalf of UN PAGE partners, Achim Steiner, UN Under-Secretary-General and Executive Director of the UN Environment Programme (UNEP), said: “On behalf of the UN PAGE partners, I would like to thank the Government of the UAE – and especially His Highness Sheikh Mohammad Bin Rashid Al Maktoum — for graciously hosting this pioneering inaugural PAGE conference in Dubai; allowing countries to exchange experiences and create opportunities for a more prosperous and sustainable world. It is becoming increasingly evident that generating growth and prosperity can and must be
achieved within the ecological boundaries of a resource-constrained world.” “The Partnership for Action on Green Economy has the potential to help countries improve human well-being and social equity, while significantly reducing environmental risks and ecological scarcities in line with their own national development priorities. Growth in income and employment would be driven by public and private investment that reduces carbon emissions and pollution, enhances energy and resource efficiency, and prevents the loss of biodiversity and ecosystem services.”
50
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
50
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
52
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 53
54
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 55
56
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 57
THE GUARDIAN www.ngrguardiannews.com
MONEY & BANKING FINANCIALGUARDIAN Ex -Minister hinges sustainable growth on support for local investors By Helen Oji OR Nigeria to advance ecoFinvestment nomically in terms of growth, as well as join the league of developed nations, it must adopt a system that would support
indigenous investment in Nigeria. The former Minister for Foreign Affairs, Gen. Ike Nwachukwu while speaking at the launch of ‘Platinum Essays in the Philosophy of Applied
Economics of Development’ written by the Chairman of the Audit and Risk Management Committee of Board of the Nigerian Stock Exchange, Professor Herbert Onye Orji, Nwachukwu explained that stressed the
need to create a favourable policies that would encourage Nigerian citizens to invest in the country, adding that this would go a long way to enhance sustainable wealth creation. “ Nigeria has a high econom-
Fidelity Bank’s forum urges SMEs to explore NASD platform By Chijioke Nelson HE Managing Director/Chief Executive Officer of National Association of Security Dealers Plc (NASD) and Guest at the Fidelity SME Forum, Bola Ajomale, has advised Small and Medium Enterprises (SMEs) to take advantage of NASD’s platform to access funds for their operations. Ajomale, while speaking on the topic: ‘Sources of Capital for SMEs, Options and Requirements’, explained that NASD however, does not provide fund, but a market for those who have funds and those who are seeking funds to meet. “If a company wants to raise money, they would approach us through an adviser and they showcase themselves as well as their funds. They can also promise their shareholders or those that invest in them that they can sell down through the market. “A private equity firm or venture capital firms actually have their own funds from
T
GTHomes rebrands, strategises for improved mortgage banking By Isaac Taiwo HE Managing Director, T GTHomes Limited, Ben Akaneme, has unveiled a new identity for the brand- Imperial Homes Mortgage Bank Limited, at an event that was attended by customers of the organisation. According to Akaneme, the name Imperial Homes reflects the desire of the Organisation to continue to provide its esteemed customers the best internationally bench-marked services in mortgage banking through highly motivated and innovative employees with the expression of its identification with the vision of housing for all. “As we have done through the years, our goal will continue to be the provision of excellent services. The core values that GTHomes inherited from GTBank remain the guiding principles for Imperial Homes Mortgage Bank Limited. “We remain the same people, the same institution operating with the same core values and principles despite our name change. “The new identity is essentially in compliance with Central Bank of Nigeria’s regulations and circulars in 2010 revoking universal banking practice in Nigeria. Consequence upon the CBN instructions, Guarantee Trust Bank Plc (GT Bank) divested from its subsidiaries including GTHomes Limited. The shares of GTHomes owned by GTBank prior to the divestment were acquired in 2012 by a selected group of investors through a special purpose vehicle.
managed funds that they are seeking to invest. So, we are not seeking to invest, rather we are creating a market where both investors and shareholders existing and those wanting to come in can meet each other and trade,” he said. According to him, NASD is a collection of capital market operators, under the umbrella of the Securities and
Exchange Commission (SEC), mandated to trade on non-listed securities. “The whole idea was that there are lots of securities that are not listed on the Nigerian Stock Exchange (NSE), but the investor still needs liquidity and essentially the SEC challenged the capital market industry to create an avenue where this can be traded easily.
“Our platform provides an avenue through which you can show that you have these shares to sell and also allow people to see what is available to buy because as some people want liquidity, other people are looking for investments to get into. We match both the investor and one who is getting out on investment together.”
ic growth rate. It is the largest market in Africa. Currently, Nigeria is carrying out major economic reforms. So, the country is taking a leading role, not only in Africa, but also among emerging economies globally. To sustain this trend, Nigerians should be encouraged and made to understand that developing the economy belong to them not the western world that would rather have the country as a foot tool.” He noted that modern investment strategy involves highly developed educational system, available and experienced skilled labour in modern technology, credible and available banking and financial strategy, alongside welldeveloped road network, among others. He extolled the intellectual
ability of the author on the comprehensive research, adding that the book would help to develop capacity that would advance economic growth in Nigeria. Orji, who is also an investment banker, financial analyst and award winning author of five books on Banking, Finance, Capital Market, Risk Management and Applied Economics predicted a brighter future for the Nigerian economy despite the current challenges, noting that the country has a well detailed plan and good prospects. “It’s just that Nigeria allowed itself to lose out when countries like Malaysia, India, Indonesia and Brazil were running, we were changing governments a little too frequently.
58
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 59
60
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
61
THE GUARDIAN www.ngrguardiannews.com
62 Monday, March 10, 2014
FINANCIALGUARDIAN
BUSINESS INTERVIEW
How to promote deals in Nigeria’s
Ajomale
PHOTOS: AYODELE ADENIRAN
Bola Ajomale is the pioneer Managing Director and Chief Executive Officer of NASD Plc, a self regulatory organization registered with the Securities and Exchange Commission to operate Over The Counter (OTC) market in the country. He has over 20 years’ experience in the finance industry both locally and internationally. He trained as an accountant in Ernst & Young and headed stockbroking operations in City Securities Limited. He was a Senior Business Consultant at Agusto & Co and later joined MBC International Bank where he was Divisional Head, Corporate Finance and Syndications from where he left to become the pioneer CEO of Associated Asset Managers Limited. His international exposure includes various project and investment advisory work at Manulife Financial and the Canada Pension Plan Investment Board both in Canada. Ajomale read Economics at the University of Leeds (UK), and he is an Associate member of the Chartered Institute of Stockbrokers and an Associate member the Institute of Chartered Accountants of Nigeria. In this interview with BUKKY OLAJIDE, Ajomale explained how the platform will provide more liquidity to the capital market. Excerpts. HAT is the NASD Over-The-Counter W platform? NASD operates trading platforms that allow for trades in securities that are not quoted on the NSE thereby increasing the level of liquidity and deal transparency available to shareholders in unquoted securities. What role does NASD play in the alternative market space? Firstly, NASD as a pure play Over the counter market, provides an opportunity for investors to buy and sell shares that are not quoted on any other exchange in Nigeria. If you had bought shares in some private placement for example, you may approach this market through a stockbroker when you need to sell. Pricing on the market is transparent and open for public viewing to investors via the website, www.nasdng.com and various other channels which greatly helps build investor confidence. As investors become more confident that they can sell down investments when required, they will also be more likely to provide funds to new ventures which deepens the pool of stable funds available to our capital market. Secondly, NASD provides a platform for issuers to upload their corporate information and for investors to reach investment decisions. The gap NASD fills is in bringing infor-
mation on all other public companies that are not on the Nigerian Stock Exchange (NSE). Currently there are just about 200 companies listed on the NSE while there many more companies in telecoms, Oil, real estate etc. that have varying degrees of performance. As more information becomes available about the performance of two seemingly equal opportunities, the investor will find himself better equipped to discern between investment opportunities and the returns they offer. Thirdly as an alternative market, NASD has less stringent requirements for smaller companies that want to raise funds. We believe that the medium scale industry is the bedrock of the economy so we seek to provide a place where they can continually raise long term capital. What is the impact of the tapering by U.S Federal Reserve on a frontier market like Nigeria? After the 2008 financial crisis, the US central bank started its ‘quantitative easing’ policy in an effort to reflate the crashed
markets and stimulate economic recovery. This involved buying back huge quantities of US Treasury and mortgagebacked bonds. As the target levels of employment (below 6.5% unemployment) and inflation (not less than 2.5 percent) were being reached, the Federal Reserve announced a possible slowdown in its monthly bond purchases. Before we look at the effect of tapering, we must recognise that the QE policy meant a massive influx of cash into the US economy and extremely low returns. This pushed the US investing community to look outside North America to emerging and frontier markets that might yield higher returns. In this same period for example, JP Morgan included Nigeria’s sovereign bonds on its list. The immediate effect of tapering or a scale back of the QE policy would therefore be: Firstly a capital outflow from Nigeria as foreign portfolio managers weigh the option of now more profitable dollars
As capacity to generate profit and the profitability of the banking industry tightens, I would expect increased pressure on return on equity resulting in more conservative earnings and dividend yield forecasts. This will most likely give portfolio managers cause to consider rebalancing their portfolios which is quite welcome for the capital market.
denominated bonds against emerging market instruments. Fresh investment funds will have the choice of US denominated investments and emerging market investments- I would expect a slowdown of fresh capital inflow into emerging markets within portfolio demands. Secondly, tapering will put pressure on emerging market/ US dollar exchange rates as dollar funds are repatriated. Since January 2014, when tapering commenced, there have been heavier selloffs in emerging market currencies than has happened in a while. Bloomberg reported big drops in Turkish Lira, South African Rand and Argentine Pesos in the first two months of this year. Thirdly and over a longer time period, as instruments mature and outflows continue, yields and interest rates might creep upwards. In Nigeria we have been able to defend our exchange rate up till a few days ago at 155 albeit with regular CBN intervention and I think attempts will be made to continue that policy in the immediate future if possible. Is it true that Yields and Bonds distract Nigerian banks from real sector lending? Certainly. Banks, like all for profit organisations seek to generate the best returns while incurring the lowest risk possible. If the government is issuing bonds and bills with a guarantee of repayment; risk of loss
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
63
BUSINESS INTERVIEW
capital market, by Ajomale CONTINUED FROM PAGE 58 of principal is minimised - which cannot be said for the real sector. Also that as long as yields and bond rates are attractive at current levels (11.5 percent to 13.5 percent), there is no incentive for banks to lend to the real sector which tends to offer lower yields with higher risk. So if the government continues to issue low risk (relatively) high yield debt instruments, the banks will prefer to take up these notes than lend to the real sector. It’s not a unique Nigerian situation – in Economics 001 it’s called a “crowding out effect”. This low risk high yield assets may be great for the banks in the short term, - but the long run effect is that it becomes more difficult for growing companies to obtain finance for expansion which is already a major stressor for growing businesses. Partly to address this problem, the MPC (Monetary Policy Committee) increased public sector Cash Reserve Ratios from 50 percent to 75 percent. The real sector on the other hand would have to find alternative sources of finance which is not easy. It is therefore critical for Nigeria to deepen the capital market and develop alternative markets. Sub-Saharan Africa has become a significant growth region for equity investors globally, How will this impact on the various economies? Equity investors are not sentimental. They would move funds to where they see growth. As it happens, Sub Saharan Africa has shown great potential - offering real growth of six percent while the rest of the world struggles to even stay positive. The impact of this is that funds will be available to the region for as long as no other area starts offering higher growth and return for the same or less risk. The first impact I’d hope to see is a channeling of these funds into infrastructural development in the short term. Better transportation systems, ports, power supply and telecommunications will go a long way to unlocking the regions untapped potential. The World Economic Forum recently correlated infrastructure with ease of doing business and compared the quality of infrastructure in 148 countries. Nigeria came 129th out of 148 behind countries like Brazil, South Africa and Ghana! Not a particularly great position. But since infrastructure is such a fundamental ingredient in sustainable long term growth I hope we can channel a large part of the funds coming into the country to develop our Infrastructure. Soon after increased investment in infrastructure consumption will increase? In fact, even with the weak infrastructure that we have now , we still have a high consumption low saving culture. I expect that an influx of new capital will not only grow capital projects like infrastructure but will fuel consumption of services and non-essentials also. For example look at the rapid growth of the mega shopping mall industry, the high street shopping concepts and leisure industry in the country. A lot of this investment might go into the commodities and extractive industry; some will also go into various manufacturing plants. The upside of this is that physical workforce will be in demand on site rather than in the cities – possibly slowing the rural urban migration trend which is reaching crises levels at the moment. You know that the regions where it is easier to establish and run business benefit more from such investment flows. In the World Bank survey that assesses how easy it is to do business in 189 countries Ghana was the only West African country that is rated among the top 100 (at number 67) in the 2013 survey. All other West African countries are ranked below 140 (Nigeria is 147th). So I expect then that international equity investors will require (if not insist) on higher business standards in the
I think all issuers should take a second look at the efficiency of carrying out an Initial Public Offer if it is going to cost 30 per cent of the amount raised. That’s a large chunk of the proceeds and I’m not aware of any instance where such a charge has occurred.
Loans may become slightly more expensive as banks pass on the increased liability costs as lending spreads. Borrowers might therefore have to shift from bank loans to the capital market (both mainline and alternative markets) as a means to finance growth.
If growth is not going to suffer for the increased cost of borrowing, we self-regulatory organisations and market operators must make sure our market is responsive and efficient enough to meet fill any funding gaps in this regard.
region as a whole and an ability to enforce contracts as their investments in this area increases. Companies are shunning Initial Public Offers (IPOs) due to high fees being charged by the regulators. What’s the way out? I think all issuers should take a second look at the efficiency of carrying out an Initial Public Offer if it is going to cost 30 per cent of the amount raised. That’s a large chunk of the proceeds and I’m not aware of any instance where such a charge has occurred. In Nigeria, I believe the average cost of an issue is between three per cent and seven percent of the amount raised and even this is considered higher than costs in many other countries. Currently, the Securities and Exchange Commission is reviewing the cost structure of the industry and the possibility of making our market more competitive with foreign markets In addition, any company that intends to have its shares traded on NASD will incur a fee that is definitely lower than three percent of the amount raised. So I do not agree that the cumulative cost of regulators in Nigeria would reach 30 percent of the value of an issue. What is the implication of the implementation of Basel 3 on the Nigerian capital market? Basel III is focussed on strengthening banks and increasing their ability to withstand additional stress. It advances the progress made by Basel I and Basel II in four major areas: Improving the quality and transparency of capital, Fine tuning the leverage ratio to accommodate gross rather than risk weighted exposure, dampening the cyclical effect of excess credit growth in the banking sector and increasing capital requirements to cover more counter party risk on derivatives. Any set of rules that creates more stability in the banking sector and economy as a whole is welcome. The stricter capital definition will however force most banks to raise their paid up capital. At the same time, risk weighting for credit risk exposures will increase. In other words, Basel III will reduce banks risk appetite and limit their capacity to take risk also. On the capital market I’ll just mention a few of the impacts: Basel III Rules will demand that banks increase core capital in order to accommodate the risk they are bearing. Some analysts already expect that our banking sector will require additional 350 billion in capital if it is going to implement Basel III. The Banks will probably approach some of the same investing group who invested in the mid-2000s wave of recapitalisation and will also seek to import capital from foreign concerns who are eager for emerging market risk. Capital market operators and analysts will be on the watch for any signs of investor fatigue as the expected round of capital raising reaches its peak- so that we do not flood the stock market as happened in the mid-2000s. Capital market regulation will become tighter and more proactive in the current dispensation than in was in the mid-2000s. Loans may become slightly more expensive as banks pass on the increased liability costs as lending spreads. Borrowers might therefore have to shift from bank loans to the capital market (both mainline and alternative markets) as a means to finance growth. If growth is not going to suffer for the increased cost of borrowing, we selfregulatory organisations and market operators must make sure our market is responsive and efficient enough to meet fill any funding gaps in this regard. As capacity to generate profit and the profitability of the banking industry tightens, I would expect increased pressure on return on equity resulting in more conservative earnings and dividend yield forecasts. This will most likely give portfolio managers cause to consider rebalancing their portfolios which is quite welcome for the capital market.
THE GUARDIAN www.ngrguardiannews.com
64 Monday, March 10, 2014
INSURANCE
FINANCIALGUARDIAN
CIIN urges operators to increase funding for human capital development By Joshua Nse HE Chartered Insurance T Institute of Nigeria (CIIN) has advised operators in the industry to increase budget proposals for training and retraining of all cadres of staff in every company to meet challenges in the new business environment.
The Director-General of the Institute, Mr. Kola Ahmed, speaking at a press conference in Lagos at the weekend said, each company should set aside at least 20 per cent of budget for the purpose of human capital development and research. He explained that for efficient management of change and competitive-
ness in the industry, training should not be restricted to only management staff, but spread across all cadres of staff in the company to command loyalty, responsibility as they respond to customers and other stakeholders. According to him, “you realise that every thing in any corporate organisation
is human driven and for any company to operate optimally, it must look seriously at human capital development.” He said in line with the mandate of the Institute for training of professionals in the industry, in the last six months the Institute has committed close to N100 million in accelerating the
Executive Director, Operations and Services, Premium Pension Limited, Kayode Akande, (left) and Special Adviser, Budget and Economic Planning to the Osun State Governor, Bade Adeshina, during a retiree/customer interactive forum organised by the company in Oshogbo…recently.
RIMSON holds confab in Uyo, Akwa Ibom ISK and Insurance The society has over the in the pharmaceutical R Managers Society of years held annual conferindustry, the role of Nigeria (RIMSON) known for its interest in risk management practice, this year is looking at the health sector at its yearly conference to be held in Uyo, Akwa Ibom State capital from March 26 to 28. With the theme “Risk management in the healthcare sector: promoting organisational and national growth”, it believes that the dictum “Health is Wealth” holds true for individuals, organizations and the nation. According to a press release from the society, the health sector in Nigeria requires a very close attention because Nigeria needs a healthy workforce and citizens for growth and development. Achieving, maintaining and sustaining a good healthcare delivery system will require proper management of the inherent risks by all stakeholders.
ences in Lagos, Jos, Port Harcourt, Enugu, Ibadan, Abeokuta and Ijebu–Ode on topical risk management issues and at the end, issued communiqué which has in a greater measure, helped the federal government to formulate risk prevention and control policies. Individuals and organizations have also benefited from such conferences in minimizing risks inherent in their operations. It is in the light of the above that RIMSON will hold its 2014 yearly conference from 26 th to 28th March 2014 at the prestigious Le Meridien Ibom Hotel and Golf Resort, Nwaniba Road, Uyo, Akwa Ibom State. The sub-themes of the conference; namely, Risk management for efficient healthcare delivery and impact on the national economy; Controlling risk
health management organisations (Hmos) in the healthcare delivery and medical risks insurances: Underwriting and claims. Experts in the healthcare and insurance sectors who are going to deliver papers include, Dr. Bassey Enya Bassey, the State Coordinator, WHO Office, Akwa Ibom State, Pharmacist Edet U. Eniang, Director of Pharmacy, Ministry of Health, Akwa Ibom State, Dr. Bimbo Banjoko, Managing Director, Expatcare Health International Ltd and Mr. Babatope Adeniyi, Chief Executive Officer, Mansard Health Ltd. The target participants for the conference are Doctors, Pharmacists, Nurses, NGO officials, Community Development Officers, Health Management (HMOs)
Officers, Risk Managers, Insurance Managers, Insurance Brokers, Loss Adjusters, Underwriting Managers, Human Resource/Administration Managers, Directors of Federal and State Ministries of Health and Local Government Chairmen, Manufacturers, Importers and Dealers in drugs, hospitals equipment and Pharmaceutical products; Officers in charge of hospitals and clinics in oil and gas, construction, banking, shipping and aviation industries. The participation fee is N70, 000 with 10 per cent discount allowed for any organisation that sends three or more participants. For further enquiries and registration, please call the following persons; Cyprian N. Emenyonu (08023017014) Maria Ayemenre (08025079114) and Taiwo Oguntoye (08029159113).
development of the College of Insurance and Financial Management. Besides, he said, the Institute has also, following the directives of the finance and general purposes committee of Council, established a sinking fund (reserved fund) with a combined sum of N20 million. The reserve is funded from the surpluses generated by the Institute. The institute has also received greater support from the National Insurance Commission (NAICOM). He announced that the Council has appointed Dr. (Mrs.) Yeside Abiodun Oyetayo as the pioneer Rector for the College of Insurance and Financial Management, and is billed to assume duty in April this year with the expectation of fast-tracking the initiation of the college programmes to commence fully in June this year. He said: “In line with the president’s resolve to reinforce the development of the college, construction works had continued unabated. In addition to the admin/multipurpose block, the restaurant (Sir. Olusola Hassan Odukale restaurant) and three chalets that were on ground as at May, 2013, six new structures had been added with contract also awarded for the construction of four additional buildings which are expected to be completed before the end of April.” The Director-General said: “As we march forward, we aim to boost students’ enrolment for the
Institute’s examination; pursue a more robust and better packaging of the institute’s programmes and activities, sustain and improve upon members’ interest and attendance at the Institute’s programmes, ensure an enhanced level of confidence in and support for the secretariat, and to guarantee greater demonstration of accountability and transparency as well as greater prudence in the management of affairs of the secretariat. “We have replaced the culture of gloom and resignation with that of enthusiasm and high morale amongst staff. We have replaced the culture of impunity with that of organized and structured administration. “As a result, we want to express our appreciation and sincere gratitude to the president and chairman of council as well as the entire membership of the governing council for the recent approval of a new salary structure for the staff of the institute and also for approving a number of promotions chief of which were the promotions of three erstwhile deputy directors to full directors. They are Joseph Ifeanyi Obah, Director/Head, Corporate Affairs, Admin and HR directorate, Moshood Oluwaseun Akinyemi, Director/Head, Membership and professional standards directorate, and Ebun Ayeni, director/head, Examinations Directorate.
Govt appoints Kari to NAICOM board HE National Insurance T Commission (NAICOM) has announced the appointment of Mohammed Uba Kari by His Excellency, President Goodluck Ebele Jonathan as Deputy Commissioner (Technical) of the Commission. Kari was until 2012, the managing director/CEO of UnityKapital Assurance Plc. He was an Insurance Graduate (Diploma in Insurance, 1979) of the Ahmadu Bello University Zaria and an Associate of the Chartered Insurance Institute London, from Caledonian University, Glasgow, UK (1984). He holds a Masters Degree in Business Administration (Information Technology) from University of Central England, Birmingham, UK (2002) and IT Management Certified Professional from learning Tree Management Institute, London UK
2004). He started his working career with Royal Exchange Assurance Plc in 1979. Between 1984 and 1989 he worked in Yankari Insurance Company Ltd as Assistant General Manager (Technical). Kari joined Niger Insurance Plc in 1989 as executive director (Technical) and worked for about three years. He became the Managing Director/CEO in January 1992, a position he held up to March 1993. As a result of his sterling qualities he was appointed managing director/CEO of National Insurance Corporation (NICON) in March 1993 where he served up to January 2000. He brings to his new assignment sufficient wealth of experience in insurance underwriting and hands-on administration.
Monday, March 10, 2014 INSURANCE 65
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
INSURANCE ‘Pension reform amendment exempts security agencies from group life’
HE National Insurance T Commission (NAICOM) has asserted that by the Pension Reforms (Amendment) Act 2011, members of the security forces have been exempted from the Group Life Contributory Pension Scheme (CPS). The Commission, therefore, explained that it had no mandate to direct the AccountantGeneral of the Federation to effect premium payment to any particular insurance company or broker for any insurance contract In a news release signed by Assistant Director/Head, Corporate Affairs, ’Salami ’Rasaaq Obomeile, said that NAICOM hereby disclaimed the allegations as the Commission was not involved in the pre-qualification and selection process of awarding the Group Life Insurance Policy (GLIP) of the Nigeria Police or any other Agency or organ to insurance brokers or underwriters. The statement said, “it is however pertinent to note that the Commission is aware that the Pension Reforms (Amendment) Act 2011 provided that “The categories of persons mentioned in section 291 and members of the Armed Forces of the Federation in section 217 of the constitution of the Federal Republic of Nigeria, 1999 and members of the Intelligence and Secret Services shall be exempted from the Scheme. “On the strength of this amendment, available records
in the Commission’s disposal reveal that PENCOM wrote the Inspector General of Police on August 7, 2012 to advise the Police Force “on the need to expedite action and solely/entirely handle the Nigeria Police Force’s Group Life Insurance Policy from 2013 financial year … and to make necessary arrangements to submit the 2013 budget proposal on Police’s GLIP to the Budget Office of the Federation. “The NPF in a letter dated August 16, 2012 duly intimated the DG, Budget Office of their autonomy to manage their own Group Life Assurance Policy separate
from those of the civilians and other forces, and “we are making arrangements for submission of 2013 budget proposal for the Nigeria Police Group Life Assurance. “Available records in the Commission also shows that the NPF placed advertisement in the Newspapers on Friday, February 22, 2013 for “pre-qualification of Contractors for 2013 Recurrent/Capital Projects of the NPF” including procurement of Group Life Assurance Scheme 2013 policy year as LOT 16.” From available records, the statement said, a total of 20 insurance companies and 46
brokers participated in the pre-qualification process conducted by the Police Procurement Office. Besides, on April 15, 2013, PENCOM vide a letter advised the Office of Head of Service to allow the NPF handle its GLIP separately. On May 14, 2013 the NPF vide a letter, appointed Hogg Robinson Nig. Ltd as “the Lead broker to handle the Scheme for the year 2013. By this appointment, you will be expected to assist in getting financial bids/quotes from the pre-qualified underwriters.” Between May 18 and 22, 2013 the underwriters submitted
their quotes to the Lead Broker who thereafter, May 30, 2013 to be precise advised the Police thus: “As requested in your letter, we are pleased to forward herewith the various costs and benefits submitted by the Assures for your considerations. In this circumstance, we hereby recommend Custodian Life Assurance Company’s submission for Leadership.” Records available to NAICOM shows that the NPF on June 5, 2013 vide a letter informed the Office of Head of Service of the Federation of the approval granted by the SGF “in his letter No. 59149/5 i/c/11/266 dated 20th July, 2012 to administer
its own Pension separately like the Army and SSS. We have now placed the 2013 GLIP with our underwriters and brokers and have approached the Budget Office to release the money to our lead underwriters/lead brokers.” Consequently, the PENCOM vide a letter on May 27, 2013 to the DG, Budget Office at the instance of the NPF stated that “the Commission (PENCOM) has no objection to the request of NPF for the release of the sum budgeted for the payment of premium on Group Life Insurance Policy for 2013 in favour of Nigeria Police Force to enable them manage the scheme separately as envisaged.” .
PenCom denies theft of pension fund HE National Pension T Commission (PenCom) has denied that none of its staff have been involved in any mal-practice with regard to the pension fund. In a news release signed by Head, Cooperate Affairs, of the Commission, Emeka Onurah said the Commission wishes to state categorically that no official of PenCom is involved in any form of looting of pension fund. The Pension Reform Act of 2004 created the Contributory Pension Scheme (CPS). The reform came into being when it became obvious that the Pay As You Go pension system could no longer fulfil the expectations of retirees in the
country as it was fraught with irregularities and fraud that led to non-payment of benefits to pensioners who had hitherto served the nation meritoriously. The CPS is based on individual Retirement Savings Accounts that is managed by Pension Fund Administrators (PFAs) and supervised by the National Pension Commission. Its funding is on monthly deductions from employees’ salaries and the equivalent contribution by the employer. The pension fund assets are held by Pension Fund Custodians (PFCs) licensed by PenCom. The CPS is predicated upon structures that have adequate in-built control mecha-
nism to prevent fraud. Under the CPS pension funds are not left with employers but are credited abinitio directly to the individual Retirement Savings Accounts (RSAs) of beneficiaries and neither the employer, the Commission nor the Pension Fund Administrator has access to the money. There are safeguards to protect the pension funds from all forms of misappropriation with the functions of custody
and administration of the funds clearly delineated. While the PFCs are in custody of the pension funds, the PFAs manage and administer the funds. Furthermore, the PFAs and PFCs are mandated by the Commission to maintain high levels of transparency and accountability, such that enable individual RSA holders to have full access to any information relating to their pension contributions.
The Commission has also put in place, strict regimes for investments and payouts from the pension fund. Such regimes, which include daily monitoring of investment activities of PFAs by the Commission and the institution of strict payout authorisation requirements, ensure that PFAs are prudent in their investment decisions and that only bonafide beneficiaries have access to their retirement benefits.
66
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 67
68 Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 69
THE GUARDIAN www.ngrguardiannews.com
FINANCIALGUARDIAN
BONDWATCH in association with
DLM BOND WATCH: March 10, 2014
70
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
71
72
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
73
74
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
75
76 Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 SPORT
THE GUARDIAN www.ngrguardiannews.com
77
Sports Malaysia 2014 World Cricket League Division Five Championship
Superb Ofem leads Nigeria to second win • Team stakes promotion claim against Tanzania today By Christian Okpara NDURANCE Ofem, whose man-of-match performance on Friday led Nigeria to their first win at the on-going Malaysia 2014 World Cricket League (WCL) Division Five Championship, came out to be counted again yesterday with 90 runs that took his team to a seven-wicket defeat of Cayman Islands with 56 balls remaining in the game played at Kinrara Oval, Kuala Lumpur. Nigeria lost their first game in the competition to Jersey, but the boys came to the party, posting 205 for three wickets in 40.4 overs. In reply, Cayman Islands could only manage 205 all out in 50 overs. Speaking after the match, Ofem, who was voted the man-of-match, said the team decided after the loss to Jersey to ensure they did not drop any game in their quest for the Division Four ticket. He praised his team mates for their determination and adherence to their game plan, adding the team would go all out for victory in today’s game against fellow Africans, Tanzania. In yesterday’s other game, Jersey beat Malaysia by eight wickets with 42 balls remaining, as Ben Stevens impressed with 83 runs and captain Peter Gough also chipped in
E
Speaking after the match, Ofem, who was voted the man-of-match, said the team decided after the loss to Jersey to ensure they did not drop any game in their quest for the Division Four ticket. with 73 runs. Before all the matches, a minute of silence was observed for the passengers on board of the ill-fated MH370 flight, which went missing since yesterday. Also yesterday, Tanzania recorded their first victory when they beat Guernsey by 48 runs. This Guernsey’s third straight defeat and they’re virtually out of the reckoning for Division Four and they are close to relegation. Tanzania’s captain Hamasi Abdullah and Benson Nyakini impressed when they got three wickets each as Guernsey recorded only 115 runs all out in 41.1 overs. Jersey looks certain for the first Division Four ticket, with Nigeria, Malaysia and Tanzania left to fight for the second ticket. The first two teams qualify for promotion to Division Four.
Glo Premier League: Civil Defence presence excites fans, officials HE League Management T Company’s (LMC) pact with the Nigeria Security and Civil Defence Corps (NSCDC) got off to a good start in Umuahia where Abia Warriors hosted Kaduna United in one of the opening games of the 2013/14 Glo Premier League season. The ‘Red side of Abia,’ as Abia Warriors are now known, won 2-0 with goals from Uluocha Chima and Bishop Onyeudo. And fans, club officials, players and football administrators in separate comments commended the added security measures introduced by the LMC in conjunction with the NSCDC. Abia Warriors were having their initiation game in the Glo Premier League, but left no one in doubt of their intentions to retain a place in top flight league with the recruitment of seasoned campaigners such as Ogbonna Okemiri, Wasiu Sowemimo, Emmanuel Fabiyi, Chidozie Johnson and Onyekachi Okoye, amongst others. “The presence of the Civil Defence Corps is a good development,” remarked Emeka Nwosu, a former Political Desk Editor at the defunct
Daily Times Newspaper. “We have always been worried about the security at match venues but with the presence of these chaps, I will keep coming to cheer Abia Warriors”, he added Garba Lawal, the General Manager of the visiting Kaduna United described the presence of the Civil Defense Corps members as “very reassuring because we simply had to focus on the game and not worry about our safety” Abia Warriors centre back, Wasiu Sowemimo, also commended the enhanced security situation at the stadium, saying, “everyone is at risk when security is not adequate because as a home team, you may be attacked by the home fan when you disappoint them. But seeing these officers is very good even though we didn’t wish to disappoint the fans and thank God we also won well in our first game”. Towards ensuring safety at Glo Premier League venues, the LMC had made overtures to the command headquarters of NSCDC to compliment the efforts of the Nigeria Police as security stewards.
Joshua Obaje of Warri Wolves (right) tries to beat a Union Douala defender during their CAF Confederation Cup game…yesterday.
CAF Inter-Club Competitions
Warri Wolves, Bayelsa United win, get Confederation Cup opponents • Enyimba beat Real Bamako, crash out of Champions League IGERIA’s representatives in this year’s CAF Confederation Cup, Warri Wolves and Bayelsa United at the weekend qualified for the third round of the competition. But that was not the case of Enyimba in Champions League, who won the away leg of their tie against AS Real Bamako, but still crashed out of the competition on away goals rule. Warri Wolves yesterday in Warri drew 1-1 with Union Douala of Cameroun, but advanced to the next round on 4-3 aggregate, having won the first leg ion Cameroun 3-2. They will now face CA Bizertin of Tunisia in the next round of the CAF Confederation Cup. Yesterday in Warri, Musa Najare, who scored in
N
Cameroun, opened scores from the penalty spot on 55 minutes after Etebo Oghenekaro was brought down inside the box. But Union Douala drew level in the 90th minute also through a penalty converted by Djan Tchan Christian to create tension among Wolves fans, but the Bayelsa United booked their place in the next round of the competition on Saturday with a 2-0 defeat of AS Kondzo of Congo in Sapele. The Bayelsa United advanced on a 2-0 aggregate win following a goalless draw in the first leg played in Congo last weekend. Peter Ebimobowei scored the opener in the 23rd
From Abiodun Fagbemi, Ilorin minute, before Jafar Buhari made it 2-0 in the 57th minute. The Confederation Cup second matches will be played at the weekend of March 21 to 23. In the CAF Champions League, Nigeria’s last team in the competition, Enyimba of Aba, which lost the first leg 1-2 at home, rallied to beat AS Real 1-0 in Bamako, but still crashed out of the competition on the away goals rule. The tie ended on 2-2 aggregate, but the Malian side advanced due to the two goals they scored in Aba. Enyimba raised their fans’ hope of turning the table against AS Real Bamako when defender, Bala Zaka, scored in the first half, but they found it difficult to get the decisive goal.
Cross River redeems land pledge to Eagles UPER Eagles stand in captain, Vincent Enyeama, has been full of praises for Cross River State government, particularly Governor Liyel Imoke for redeeming his promise to give members of the victorious Super Eagles team at the last Nations Cup in South Africa, one plot of land each in the state capital, Calabar. Last week, Nigeria Football Federation (NFF) President, Aminu Maigari, delivered the land papers fresh from Government House in Calabar, to team administrator, Dayo Enebi Achor, who has since commenced their distribution to all the players and officials. “We want to thank Governor Imoke and the good people of Cross River State for redeeming his pledge to us
S
• Players wait on Dangote, Elumelu as a team, we promise that we will not disappoint him anytime we return to Calabar to play any game”, Enyeama said. The plots of land are in the choice area of Calabar and State Sports Commissioner, Patrick Ugbe, has assured that most of the players and officials have already said they will build in the city and live in their properties. The Cross River State capital is generally regarded as one of the cleanest cities in Africa and Nigeria’s number one tourism destination. Meanwhile, team officials have reminded Africa’s richest man, Aliko Dangote, of the $1 million pledge he made to the team, which is
Koro Guruma Community wins Sulu Gambari tourney
yet to be redeemed due to the tight schedule of the business mogul. “We understand the busy schedule of Alhaji Dangote, we are just reminding him and his aides to help remind him,” Enyeama, was quoted as saying on the team’s behalf. Also yet to redeem his pledge to the team, is Chief Tony Elumelu, who promised the team $500,000, after their victory at AFCON 2013. “It is just a reminder to patriots, who are very busy and may not have been prompted after they made their pledges, because the players are determined to bring more honour to fatherland at the forthcoming World Cup,” he declared.
ORO Guruma Community K at the weekend won the third edition of the annual Waziri Sulu-Gambari football tournament. The tournament, which featured 16 teams representing different communities in Kwara State, is the initiative of Waziri Sulu-Gambari foundation founded in 2010. At the end of the four-week football event, Emir of Ilorin, Alhaji Ibrahim Sulu Gambari, lauded the initiative, which, he said, would go a long way in developing grassroots sports. Represented by Daudu Bere, the Emir, who presented trophies and cash prizes to the winners, said the competition would further engage the youths, describing sports as a potent force for youth engagement and empowerment.
FA Cup: Wigan stuns Man City, books semifinal ticket A Cup holders, Wigan will Fsemi-final return to Wembley for a meeting with Arsenal after stunning Manchester City in a repeat of last year’s final. City, who won the Capital One Cup last weekend, paraded that trophy before kick-off but saw their hopes of a domestic treble unravel against their Championship opponents. Jordi Gomez put the Latics ahead from the penalty spot after a mistake by Martin Demichelis and James Perch made it 2-0 after half-time thanks to another City error. Manuel Pellegrini’s side hit back through Samir Nasri but could not turn intense late pressure into further goals as an outstanding defensive dis-
78 SPORTS Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
Field mercenaries, lose your job, Lagos warns principals By Christian Okpara HE Lagos State government has warned school principals to ensure that only bona fide students represented their institutions in the state’s grassroots development programmes or face the wrath of the state. Lagos sports development programme is based on building capacity from the schools and according to the state’s Director of Sports, Dr. Kweku Tandoh, the government would leave no stone unturned in the quest to raise future champions. Speaking during an interactive session with a select group of journalists at the weekend, Tandoh said ensuring that genuine youths are involved in the state’s sports development programme is the only way of taking the country back to its position in international sports. “We have started an athlet-
T
ics programme centred around the schools, which means that all the budding talents in the schools will have the opportunity to be discovered and nurtured to stardom. “To do that, we must ensure that only genuine students, whose position in schools must be attested to by their school principals, are allowed into the programme. “If by any chance we discover that the school principal lied in the form given to him to certify the status of athletes fielded by his school, we will hold him responsible and the penalty is dismissal from service,” he said. Tandoh revealed that the Sports Ministry has met with the transformation commission to restructure the Sports Council such that it would fall in line with the quest for change in the system, adding, “ the current
structure of the council will not help us to achieve our objectives.” The director revealed that the Premier Lotto Secondary Schools Athletics Championship and other schools sports competitions are geared towards getting young athletes for the state’s developmental programmes, adding that the forth-coming DAWN Games, which involves the six states in the South West, would help Lagos fine-tune its preparations for the Calabar 2014 National Sports Festival. The Dawn Games will hold in Lagos from May 16 to 24, 2014. He added: “Lagos will go to the National Sports Festival with developmental athletes even though the competition is open to all athletes. “We believe in developing young athletes, rather than importing elite stars, who cannot help us in achieving anything apart from winning medals and getting bragging rights that in the long run counts for nothing. “We are also looking at improving private sector participation in Lagos sports. “We will present it as an opportunity for organisations to maximise gains for their products through participation in our programmes. It is not presented as a community service responsibility because the organisations will get tangible benefits from their involvement. “We have 38 sports associations in Lagos and each has the mandate to promote their activities through private sector sponsorship.”
Athletes compete in the 1500 event of the season two of the Lagos Premier Lotto Schools Athletics Championships held at Teslim Balogun Stadium at the weekend.
DSTV 2014 Basketball League
‘Mentors still have room for improvement’ From Adeyinka Adedipe, Abuja ESPITE whipping Niger Potters 118-47 in their opening game of the DStv Basketball League on Friday, Mark Mentors coach, Peter Ahmedu, says his team needs to do more to rank among the elite in Nigerian basketball. The Mentors finished fourth last season and Ahmedu says the aim this year is to better their last year’s performance. “I won’t say Niger Potters is a weak team because they have skills and moves that my team could not match, that means that even though
D
Yobo gets high rating, Osaze flops Ojo Onaolapo…one of the players participating in the NTTForganised league in Lagos
Ashimiyu, G20 lead NTTF league, as tourney enters third day ESPITE losing twice in two finals, Ganiyu Ashimiyu has garnered 30 points to lead the table in the Nigeria Table Tennis Federation (NTTF)-organised pilot league holding at the new look knock-up hall of the National Stadium in Lagos. As the tournament enters third day today, from the 20 teams taking part in the seven-day league, G20 Club has amassed 40 points to remain on top of the league table while it is followed by Nigeria Civil Service Defense Corps (NCSDC), which has 36 points, while Sunshine Club of Akure has 35 points to place third on the table. In the singles, a not-confidence Ashimiyu disappointed most of his fans in the two finals played at the weekend, having dominated the two encounters but failed to capitalise on this to win as the two occasions. In the first final match against Ojo Onaolapo, Ashimiyu was leading thrice
D
at 7-2 but his inability to read the game was his undoing as he lost to Onaolapo. And beyond all doubts, he managed again to make it to the final in the second day of the league, but what he befell him in the first final repeated itself as he also lose to Idowu Onifade to settle for the second place in the match. However, for his efforts, Ashimiyu topped the table with 30points from the two days already concluded, while Onaolapo who won the first day is second with 28points after finishing in the last eight of the second day. Sunday Odunlade of G20 club is third with 24 pints while Onifade placed fourth with 23 points. For NTTF President, Wahid Oshodi, the league has indeed lived up to its billing as some of the upcoming players have performed well compared to the performance of the some of the experienced players.
UPER Eagles captain, Joseph Sminor Yobo, returned from a knock to post a decent performance on Saturday at Carrow Road in his club, Norwich City’s 1-1 draw with visiting Stoke City in an English Premier League game. Yobo, who missed last midweek’s international friendly game between Nigeria and Mexico in Atlanta, Georgia in U.S. due to an unspecified injury, played all 90 minutes for Norwich and was rated one of the top performers on the field. The former Everton of
England player was rated above average by the British media, while his Nigerian compatriot in the opposing team, Peter Osaze Odemwingie, was rated below a v e r a g e . Goal.Com rates Yobo as one of the pillars in Norwich’s rear, while Odemwingie was way below his international capt a i n . “Yobo was again one of Norwich’s strongest performers. Dominant in the air and always in the right place to put in a last-ditch tackle or clear his lines”.
we are a high scoring team, we still have to put our team in order. “We still need to go back to the drawing board and hopefully our team can become compact before we get to the half way line of the season. “The season is just beginning, but we still need to put some things together if we want to win the league. This is my first experience in the Savannah Conference and I was able to put together players from both conferences, which has actually given me a team I have to work on to get a solid squad.” Ahmedu picks defending champions, Kano Pillars, as the favourites for the title, but assured that his team would play to win when Pillars visit
Abuja. “I am not going to talk now, it is too early. Kano Pillars is a great team with great players and coaches. We will take each game as it comes. Our concentration is on the next game against Gombe Bulls. “Gombe might be a new team in the league but the players are not new. They have seasoned campaigners in the side who have experience. So, the Bulls cannot be written off. What we need do is to play for every point and put ourselves in a position to qualify for the play offs.” He commended the former coach of the team for the good job done last season and promised that he would do everything possible to improve the team.
3rd Greensprings Sports Forum
Stakeholders want more funding for school sports By Olalekan Okusan HE over-reliance on the T central government coupled with lack of funding has been attributed to the dwindling fortune of school sports in Nigeria. Also, the lip service being paid to school sports in the country by administrators is another problem identified by stakeholders at the third
Executive Director, Greensprings School, Mrs. Lai Koiki (third left); President, Nigeria School Sports Federation (NSSF), Ibrahim Muhammad (right); Secretary General, NSSF, Olabisi Joseph (second right); Head of School, Greensprings School, Harry McFaul (left) and Head of Sports, Greensprings School Oluseyi Oyebode at the 3rd Greensprings Sports Forum in Lagos at the weekend. PHOTOS: FEMI ADEBESIN-KUTI
Greensprings Sports Forum held in Lagos at the weekend. The forum has now become a veritable platform for stakeholders to dissect the challenges and prospects of paying quality attention to school sports. From the National Sports Commission, Lagos State government, Nigeria School Sports Federation (NSSF) as well as one of the major sponsors of school sports in Nigeria – Nestle Nigeria Plc, the major challenges confronting the development of sports has been the neglect of school sports. With theme: ‘The Role of Government in School Sports Development”, the forum afforded the stakeholders to highlight as well as proffer solution to the problem bedeviling sports in Nigeria. According to the Director, Grassroots Sports Development, NSC, AlHassan Yakmut, school sports is the bedrock of talent identification and the gateway to constructive introduction to sports for health and fitness.
SPORT Monday, March 10, 2014 | 79
THE GUARDIAN www.ngrguardiannews.com
We are ready for Bayern test, says Wenger ANAGER Arsene Wenger M believes the manner of Arsenal’s 4-1 FA Cup quarterfinal victory over Everton can inspire them against Bayern Munich. Arsenal must claw back a 20 deficit in the second leg of the Champions League last-16 tie in Germany tomorrow. “It was important for us to win to put us in a good frame of mind psychologically,” said Wenger. “We can be inspired by our focus and desire and now go to Bayern with the same spirit.” As well as scoring one goal and providing an assist for another against Everton, Mesut Ozil created five chances in the win - three more than any other player on either side Arsenal secured a place in the FA Cup semi-finals, and
Hull qualify for English FA semi-final in 84 years ULL City reached the H semi-finals of the FA Cup for the first time since 1930 as three goals in the final 22 minutes ended Sunderland’s hopes. Curtis Davies headed in before former Sunderland player David Meyler robbed Lee Cattermole to run clear and finish. Cattermole was at fault for the third, when his loose pass allowed Matty Fryatt to score from 12 yards. An 84-year wait for a semifinal Hull last played in an FA Cup semi-final in 1930 when they lost 1-0 to Arsenal in a Villa Park replay after drawing 2-2 in the first meeting Sone Aluko missed a firsthalf penalty for Hull, but their late flourish set up a semi-final with Sheffield United. Meyler’s goal was the crucial one, the Republic of Ireland midfielder celebrating by headbutting the corner flag after being on the receiving end of similar treatment from Newcastle boss Alan Pardew last weekend. And after winning promotion back to the Premier League last season, Meyler and his team-mates are now only two games away from winning their first major trophy. Sunderland, beaten by Manchester City in the Capital One Cup final last week, will now focus on surviving in the top flight, in which they sit 19th, one point from safety. Hull were the only side left in the competition never to have won the trophy and, after a scrappy first half, ruthlessly took their chances to beat the Black Cats for the third time this season. • Culled from BBC Football
Tomorrow’s Champions League matches Barcelona vs Man City 20:45 Bayern vs Arsenal 20: 45 Atletico vs Milan 20:45
English FA Cup semi ties Sheffield United vs vs Arsenal
Hull City Wigan
moved closer to ending a barren run stretching back to their 2005 FA Cup triumph, with their victory over Everton at Emirates Stadium on Saturday. Mesut Ozil gave the Gunners an early lead but Romelu Lukaku tapped in from almost on the goalline to equalise before half-time. Arsenal finally exerted their superiority through Mikel Arteta’s twice-taken penalty after 67 minutes before substitute Olivier Giroud struck twice in the last 10 minutes to give the hosts a winning margin that was harsh on Everton. Looking ahead to tomorrow’s trip to face the European champions, Wenger added: “The statistics go against us, but let’s make sure the performance goes
for us and then we have a chance.” The Frenchman was delighted with the performance of £42.4m summer signing Ozil, who has been heavily criticised recently. “I think the goal was important for him,” said Wenger. “You sometimes want him to take more of a chance because he always looks for the good pass. “I hope this encourages him, but what I also liked about him was that he looked physically regenerated with more power in his runs. “He also did a lot of what you would call ‘dirty work’. He tracked back a lot on counter-attacks and when he behaves like that you have a better chance to win the game.” • Culled from BBC Football
David Meyler (right) celebrating his goal with his team mate in a match they won 3-0 over Sunderland in an FA Cup tie…yesterday.
TheGuardian
Monday, March 10, 2014
Conscience, Nurtured by Truth
By Erasmus Ikhide E should be constructive in our criticisms so that we do not inadvertently encumber the rebuilding of our nation. “The President of Nigeria must be transported safely at all times. The cost may seem exorbitant now, but it would be impossible to put a price tag on good governance and an efficiently run country”, President Goodluck Ebele Jonathan said. This statement was made in 2010 in a bid to replenish the ever-increasing fleet of the Presidential aircraft. Three planes were subsequently added to the PAF that same year, and another two in 2011 and 2012, totally 10 in fleet! Now this: The 2014 budget before the National Assembly has a slush provision of N1.6 billion as deposit for the purchase of a new aircraft for the presidential fleet that already boasts a record 10 planes and is ranked among the most luxurious across the globe. In its editorial recently, the Punch Newspaper captured the pilfering of the nation’s treasury by the Jonathan administration perfectly: “The profligate presidential fleet is complemented with an extravagant motorcade and glamorous lifestyle. Only two domestic airlines have as many as 10 aircraft in its fleet in Nigeria.” The editorial affirmed further: “It is obvious that what the government has succeeded in doing with the budget, as usual, is to use it to promote the ostentatious and wasteful lifestyle of government officials, while further impoverishing the Nigerian citizenry. When the government is not budgeting N2.2 billion for a “befitting banqueting hall in Aso Rock Villa,” as was the case last year, it is proposing N34.5 million for the feeding of lions in the Aso Rock zoo. “Nigerians need to know how much money goes into the maintenance of this large fleet of non-commercial aircraft. In 2011, N18 billion was reportedly budgeted to maintain the presidential aircraft.” President Jonathan’s administration has wobbled on in the last four years on blackmail and deceit, to the vexation of the entire Nigeria populace. Conversely, Nigerian Presidency does not need 11 aircraft to be “transported safely at all times”, as demonstrated by President Jonathan. In Britain, which boasts aircraft manufacturing companies, the Prime Minister and the Queen of England travel on commercial flights because the government’s aircraft for the PM lack transcontinental capability. The President, Prime Minister and government officials in Singapore typically travel on regular scheduled commercial flights run by Singapore Airlines. Also, Hong Kong leaders travel on commercial aircraft. Each of these countries is wealthier than Nigeria and a practical example of “good governance and efficiently run country.” President Jonathan has established, even consistently, that corruption is the air his government breathes. At least Nigerians witnessed many corrupt government officials jailed under President Olusegun Obasanjo’s administration, even though some of them were labeled his political foes. Even if they were foes, were they corrupt or not? Jonathan has the opportunity to jail those who may have been spared at that time once a case is established against them. Under President Jonathan’s government, the sum of N2.58 trillion that was paid out in the oil subsidy mega-scam of 2011 is the single greatest act of official looting of our national treasury in the entire postcolonial period. In the same vein, nothing is comparable in scale of squander mania to the fact that the $21 billion in the nation’s savings account, the Excess Crude Account (ECA), which was the balance in the account when Jonathan became Acting President in 2010, has been drawn down to less than $2 billion. In the last 14 years in power, PDP has proved to be a colossal and monumental disaster. During the military era before PDP took over, the price of oil was $8 a barrel. The military built the uni-
“W
Please send reactions and feedback for YOUTH SPEAK to:
editorial@risenetworks.org and 07067976667- SMS ONLY
Governance by blackmail
versities, the sea ports, the highways, the airports, the hospitals and all the visible edifices you can find anywhere in the country. In the last 14 years, with oil price between $100 and $170 a barrel, the PDP cannot maintain what they have inherited. Instead, they sold virtually the nation’s common wealth to themselves and their cronies. To say President Jonathan’s “Transformation Agenda” (TA) is programmed for stagnation is to promote outright slough for practical governance. It is an empty catchment and sloganeering, solely meant to transform friends. No pretences should be made about this. From the outset, the President has no inten-
tion nor was he prepared to govern. Governance was thrust on his laps! Now, there is a progressive atrophy of democracy and the acclaimed Pan-Nigerian mandate that the president is endowed with, in 2011. Dr. Jonathan’s presidency is a product of circumstance that easily finds refuge in vague mantras, like “TA”, “rule of law” and other meaningless coinages. The nebulous and sloughing phrase: “TA” is a euphemism for banal escapism. It is an avoidance of reality by absorption of the mind in entertainment or imagination so as to divert attention from actuality. Sadly, it has draught his presidency as more of an assortment of phrases than the left-
The YOUTHSPEAK Column which is published daily is an initiative of THE GUARDIAN, and powered by RISE NETWORKS, Nigeria’s Leading Youth Development Centre, as a substantial advocacy platform available for ALL Nigerian Youth to engage Leadership at all levels, engage Society and contribute to National Discourse on diverse issues especially those that are peculiar to Nigeria. Regarding submission of articles, we welcome writers‘ contributions by way of well crafted, analytical and thought provoking opinion pieces that are concise, topical and non-defamatory! All articles (which are not expected to be more than 2000 words) should be sent to editorial@risenetworks.org To read the online Version of this same article plus past publications and to find out more about Youth Speak, please visit www.risenetworks.org/youthspeak and join the ongoing National Conversations’’. Also join our on-line conversation
RISE GROUP
@risenetworks
21676F3E
Published by Guardian Newspapers Limited, Rutam House, Isolo, Lagos Tel: 4489600, 2798269, 2798270, 07098147948, 07098147951 Fax: 4489712; Advert Hotlines: Lagos 7736351, Abuja 07098513445; Circulation Hotline: 01 4489656 All correspondence to Guardian Newspapers Limited, P.M.B. 1217, Oshodi, Lagos, Nigeria. E-mail letters@ngrguardiannews.com; www.ngrguardiannews.com
Editor: MARTINS
OLOJA
.
ABC (ISSN NO 0189-5125)
President Jonathan has established, even consistently, that corruption is the air his government breathes. At least Nigerians witnessed many corrupt government officials jailed under President Olusegun Obasanjo’s administration, even though some of them were labeled his political foes. Even if they were foes, were they corrupt or not? Jonathan has the opportunity to jail those who may have been spared at that time once a case is established against them. Under President Jonathan’s government, the sum of N2.58 trillion that was paid out in the oil subsidy mega-scam of 2011 is the single greatest act of official looting of our national treasury in the entire postcolonial period. over box of festive chocolate. Therefore, the political gridlock in his party, the Peoples Democratic Party (PDP) and in the country is understandable. But it would be appropriate to point out the obvious: Our president has tumbled over the edge and he is endangering the nation. It’s not just the political up-heaven in Rivers State, leading to the bombing of the State High Court. It’s not simply that the jeopardy of safety and security of this country occasioned by Boko Haram has attained hellish point. It’s not that Nigerians have been furloughed. It’s not that corruption has not entangled us. Rather, it’s that no leadership has been provided in this entire maze. We are a diminished nation teetering on the abyss of disintegration badly in need of actual and practical leadership. Some Nigerians think that this crisis reflects typical partisan squabbling within the party or opposition’s desperate intrigues to outsmart the President. No. Political parties have always disagreed, sometimes ferociously, about issues of governmental policies, style of governance and the choice of ministerial list and the like. In the past, it was not normal for central government to sabotage its federating unit as a negotiating tactic as Jonathan is doing in Rivers State at the moment. President Jonathan seems to think that his ability to inflict untoward pains on Governor Rotimi Chibuike Amaechi and by extension, the Rivers’ people, plaguing them with all manners of violence imaginable gives him bargaining chips. Presidential strategists apparently believe that their negotiating position is strengthened when they demonstrate that they can wreck Rivers State governance. The bombing of Rivers State High Court and other political stone walling elsewhere suggest the ex-President Olusegun Obasanjo may be right, after all. In order to elongate his stay in office, President Jonathan has ruffled every nuance of integrity he ever had. Aso Rock mole hints that if it were possible for the President to open the vault of heaven to woo defecting PDP back who are against his ineffectual government, the President would have been readily open for it. This cast of governance is the sort that takes a nation to the abyss. We hope that the Presidency and its minders take note. • Erasmus Ikhide wrote in from Lagos,Nigeria.
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
I
II
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014 III
IV
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
OIL&GAS WEEKLY
FINANCIALGUARDIAN
Remi Aiyela, Editor-in-Chief
editor@NOGintelligence.com www.NOGintelligence.com
UPSTREAM NEWS
Oando's Acquisition of ConocoPhillips Assets: Too Big to Fail? IGERIAN downstream giant, Oando and its N exploration and production (E&P) focused subsidiary, Oando Energy Resources, have won yet more time to complete their long running acquisition of the ConocoPhillips Nigerian assets. Given the number of extensions that Oando has won so far, many are now asking if it has become a deal that is too big to fail. The official line is that the extension is to "enable the companies to satisfy all closing conditions including the anticipated consent of the Honourable Minister of Petroleum Resources in Nigeria." Oando was the highest bidder in the big selloff after bidding a reported $1.79. Following the announcement in December 2012 many were cynical about Oando's chances of pulling it off. After putting down a deposit of $450 million, Oando embarked on a marathon fund raise. Analysts complained that the assets were not worth that much and predicted a difficult fundraise. In typical fashion, Oando was bullish about its chances, keeping firmly focussed on the opportunity to raise its E&P footprint from 4,500 barrels of oil per day (bpd) to 45,000 bpd. At the end of November last year, just as Oando was about to run out of time the American giant extended the close date by 60 days to expire on the 31st of January 2014. At the end of January, Oando put out a statement that it had secured the loans it needed for the final tranche of funding to close the deal. Oando said it had been able to secure a $350 million corporate facility agreement with a syndicate of Nigerian lenders, as well as a $450 million reserves based lending facility. When the transaction failed to close at the end of February, rumours surfaced that Oando subsidiary, Oando Energy Services, was up for sale to raise the final tranche of funds required to close the deal but Oando has firmly denied this. Following the execution of the loans for $800 million, the longstop date was extended to 28th February 2014 but it came at a steep price as Oando had to pay an additional $50 million. Now, the end of February has come and gone and the deal has still not closed. Cynics were beginning to say that this was now the end of the road, but with the revelation that Oando has won another month's extension to the 31st of March, it seems that the American giant, ConocoPhillips is prepared to wait however long it takes for the deal to complete. Analysts are saying that if Oando should fail in their acquisition of ConocoPhillips, it could cripple the heavily leveraged company, which would have serious repercussions across the industry. Plus, it would not look good at all for ConocoPhillips and its lead arranger, BNP Paribas, Failure is not an option for all parties involved, it seems.
Glencore and Mercuria in Final Bids for Shell Assets S the process for the sale of Shell's four A onshore oil mining leases (OMLs) 18, 24, 25 and 29 begins to near conclusion, it has been revealed that commodities traders Glencore and Mercuria are among those to have submitted final bids for the assets. Also in the running is the Dangote group who recently announced that they were interested in upping their
upstream game in a bid to ensure sufficient production for their soon-to-be-built $9 billion 400,000 barrels of oil per day (bpd) capacity refinery and petrochemicals plant. The four oil mining leases, which together averaged 90,000 barrels oil per day (bpd) and 60 million standard cubic feet of gas per day (scf/d) production are being sold by Shell and its joint venture partners, Total and Eni, which together own 45 per cent interest in the assets. The remaining 55 per cent is owned by the Nigerian National Petroleum Corporation (NNPC).The reserves of the 4 blocks is 4.6 billion barrels of oil equivalent.The Nembe Creek Trunk Line (NCTL), which has been the subject of incessant attacks from oil thieves, is also up for sale. Of the four OMLs, 29 is the choice asset with peak production of 62,000 bpd from 5 fields, 40 million scf/d and reserves of 2.2 billion barrels. Analysts say this block alone, holding the Oloibiri, Nembe Creek, Santa Barbara and Odeama Creek fields could fetch up to $2 billion for the partners. Also part of this package is the NCTL, which is said to have hundreds of punctures along its 97-kilometre length. Many analysts think it is more trouble than it is worth and in the past Shell has threatened to shut it permanently. The other three blocks are smaller producers. OML 25 has one producing field delivering an output of 33,000 bpd and 2 million scf/d of gas while OML 24 produces 25,000 bpd 8 million scf/d of gas from three 3 fields and OML 18 has a production of 21,000 bpd and 12 million scf/d of gas from six fields. The Shell joint venture has raked in just under $2 billion so far from its Nigerian divestment as international oil companies (IOCs) continue to maintain that they are not leaving Nigeria but only realigning their interests. They see the offshore area as relatively easier to operate in, being free from host community problems. They are however not making any new investments offshore as they wait to see what will happen with the stalled PIB. The latest sell-off will be the largest by far. The assets for sale are said to be worth around $3 billion together. However, experts predict that they could go for more going by the kinds of bids that the ConocoPhillips and Chevron divestment attracted. Many have questioned the basis on which indigenous companies, which the IOC divestment tends to attract, are evaluating the assets before submitting their bids. With one eye firmly on the ConocoPhillips deal, which Oando is still trying to close and the Chevron sale, which is now mired in litigation Shell will have been careful to shortlist only those companies that it is sure have the capability to close the deal. With the likes of Glencore, Mercuria and Dangote in the mix they will be expecting a bumper harvest.
DOWNSTREAM NEWS
that no one seems to know exactly why the fuel shortage has occurred and there is no consistent statement from the regulatory agencies. Only on Wednesday, after giving appearing before a joint house committee, the Group Managing Director of NNPC, Andrew Yakubu, attributed the current fuel scarcity in the country to the disruptions in the pipeline network leading to its depots. He said that the breaches are only temporary and that normal fuel distribution will be restored once the breaches are fixed. If that were truly the case then we have a very long wait as the incessant pipeline vandalism means that new pipeline breaches are occurring almost as soon as they have been repaired. He predicted that by the close of business on Wednesday, "we would begin to see a change in the fuel scarcity situation in Lagos." So where are we now? Wednesday has come and gone and the situation is even worse. Meanwhile, the Zonal Operations Controller of the Department of Petroleum Resources, Aliyu Halidu, told the same committee that the current fuel scarcity was caused by the nonrenewal of contracts of independent marketers, which created a delay in the importation of petroleum products into the country. He also blamed the government's failure to make subsidy payments to importers. He said that the fuel shortage in Abuja is however due to the fact that they are monitoring the petrol stations to scrupulously enforce the regulated pump price. As a result, many marketers are choosing not to bring the product into Abuja. Lagos is however not profiting from this as fuel queues continue there. Petrol marketers and tanker drivers for their part sided with the delay in issuing import permits. They say importers only got their licences for the first quarter last week and so are only just now able to import products for this quarter. They say that it could be weeks before the situation is back to normal. Yet other sources say that the situation should be back to normal next week as the first cargoes of Premium Motor Spirits (PMS) arrive in the country. The Major oil Marketers Association of Nigeria (MOMAN) had predicted earlier in the week that the situation would get worse before the cargoes of PMS arrive. A National Union of Petroleum and Gas Workers member, who heads the petrol truck drivers' arm of the union, said depots ran out of fuel supplies two weeks ago. As a result they have had to ration what little supply of products they have left. He said depots are loading only 25 tankers a day where they were loading 200 tankers before the crisis. The empty tankers are now causing a complete snarl up in Apapa where many depots are located, as tankers with nowhere to go are parked on the roads, making life a misery for Apapa residents. Shortly before going to press, NOGintelligence gathered that more petrol stations were starting to sell fuel and that queues were now reducing to about 1 hour's wait.
OPEC daily basket price stood at $104.37 a barrel Thursday, 6 March 2014 HE price of OPEC basket of twelve crudes T stood at $104.37 a barrel on Thursday, compared with $105.24 the previous day, continu-
Fuel Scarcity Grips Lagos and other Cities ities across the country are gripped by a cripC pling fuel scarcity that is now threatening commercial activities. The situation in Lagos is particularly bad with motorists having to queue up for about 3 or 4 hours to get petrol. And when they do get there they are so relieved that they are only too happy to pay the inflated selling price of between N100 and N150 per litre, well above the subsidized official price of N97. As queues grow around the nation's commercial capital, businesses are beginning to bear the brunt of the shortage with many having to shut early, thereby losing valuable man-hours. This is because public transport is now affected and those relying on buses to get home have a long wait to find buses. An eyewitness reported that CMS, one of the busiest bus hubs in the city of Lagos, was almost empty two days ago. Last week, Nigerian National Petroleum Corporation (NNPC) denied that there was a petrol shortage even as petrol queues were beginning to form around Abuja. The Petroleum Products Pricing Regulatory Agency, PPPRA joined the denial saying there was sufficient stockpile of products in depots across the country to last for weeks. Now they are left with egg on their faces as the nation's commercial capital is brought to its knees. What is particularly frustrating for motorists is
ing the steep drop from $107.80 on the 3rd of March. Meanwhile OPEC output from January to February dropped to its lowest 2½ years according to a Bloomberg survey. The survey reported that production fell due to a drop in production in Saudi Arabia, the ongoing political conflict in Libya and the oil theft in Nigeria. Production dropped by 11,000 barrels per day to an average of 29.877 million barrels per day, the lowest it has been since June 2011 Introduced on 16 June 2005, is currently made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
FINANCIAL
IX
in association with
GTB Increases Mart Resources Term Loan to $175 Million ART Resources reports that it has been able M to secure an increase in its $100 million facility with Guaranty Trust Bank Plc. The company said it had been able to arrange an increase of its existing secured term loan credit facility to US$175 million. The increased facility is going to fund field development activities on the Umusadege field, as well as its commitments in the construction of Umugini pipeline, which is over budget and struggling behind schedule. The company also wants some money left over in the kitty to fund new acquisitions. The secured loan facility has a term of five years and bears interest at 90 days LIBOR plus 4% (floor of 8.25%), which is unchanged from the terms of the Company's prior facility with Guaranty Trust Bank PLC. Wade Cherwayko, Chairman & CEO of Mart Resources said: "The increase in the facility with Guaranty Trust Bank PLC provides Mart with greater financial flexibility to evaluate and participate in new opportunities in the Nigerian oil and gas sector." The Umusadege marginal oil field in Delta State is being developed in partnership with Midwestern Oil and Gas Plc and Suntrust Oil. Since initial production of 2,250 bopd (on reentering UMU-1 in 2008), the field now produces from 7 wells at daily production rates in excessof 12,000 bopd. Further near term development and exploration drilling is planned to maximise the potential of the Umusadege field and surrounding areas.
REGULATORY NEWS
GMD Defends $11.505 Billion Budget for NNPC HEGroup Managing Director of the Nigerian T National Petroleum Corporation (NNPC) has appeared before the Joint National Assembly Committee on Petroleum Resources Upstream to defend the Corporation's $11.505 billion 2014 budget. He explained to the Committee that of that amount, $5.5 billion will be spent on operations including the Chad Basin exploration programme. He explained that the programme had been delayed as a result of the insurgence, leaving 10 out of 20 projects with zero performance. Yakubu confirmed that the exploration programme also includes other sedimentary basins, such as Yola, Bida, Sokoto and Dahomey. Yakubu said: "In line with government's aspiration of opening up all known sedimentary basins for exploration, a seismic acquisition contract was awarded in 2010 in respect of the Chad basin and several studies as well as community projects are also ongoing in the basin."
Italian and Nigerian Navy Partner in Training Exercises in War on Oil Theft HEItalian Navy has been visiting its Nigerian T counterpart on a training visit. With a convoy comprising of an aircraft carrier, a supply ship, a frigate and a patrol ship berthed at the Nigerian Ports Authority, Apapa, Lagos, and a crew of 1,200, the Italian Navy is expecting on this visit to help train the Nigerian Navy in the fight against oil theft. The Gulf of Guinea is now seen as one of the most dangerous waterways in the world as growing oil production in the region means that crude oil laden oil tankers are plying the route much more frequently. Their valuable cargo leaves the vessels vulnerable to attacks from pirates. The Naval Group Commander, Rear Admiral Paolo Treu said, "One of our objectives is to promote joint exercises and training in order to develop the capabilities of some of the navies of the visited countries to boost their effectiveness in surveillance activities and maritime security in their operational environment, which partly results in global security."
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
V
VI
Monday, March 10, 2014 MEDIA
THE GUARDIAN www.ngrguardiannews.com
Media How to report poverty effectively Workshop By Gbenga Salau HE media is often referred to as the fourth T Estate because of its watchdog role in the society. Performing this role means the media must demand and ensure accountability from the various arms of government and those in leadership positions. This is why many have argued that to check the growing trend of poverty devastating many developing countries would require a proactive and committed effort of the media. Understanding this, and wanting the media to be that change agent in eradicating poverty, the International Press Centre, (IPC) Lagos, last week, organised a workshop to draw the attention of the media to the critical role they have to play in checking poverty. But the forum also sought to equip participants with techniques needed for reporting and setting agenda that would help curb the growing trend of poverty in the society. Speaking at the workshop on the Techniques for Effectively Reporting Poverty, Dr. Abigail Ogwezzy-Ndisika, Department of Mass Communication, University of Lagos, who noted that it is undisputable that the media is crucial to social development, maintained that the information provided by the media help people form opinions about issues such as poverty besides providing basis for policy formulation, decision-making and social action. This, to her, is why effective media coverage of poverty issues can raise the level and quality of public debate on poverty reduction, with implications for positive change in public policy for synergic outcomes. Alluding to a research conducted by the IPC on reporting of poverty, Ogwezzy-Ndisika stated that the report from the research
revealed that the reportage of poverty issues was generally low on local rural issues/areas, though there was more reportage on local areas of urban settlements. According to her, “Out of a total of 627 reports across the newspapers, reports with scope on local rural were 143 representing 23 per cent of all reports on poverty issues/subject. Reports with scope on urban rural was 315 representing 50.2 per cent of all reports on poverty issues/subject. Reports that centered on local peri-urban and national scope mainly accounted for the remaining 26.8 per cent.” She observed that because most of the reports on poverty are event oriented they often led to sensationalism and trivialization of poverty in the news media, as headlines are written to catch attention, stories disconnected from their complex social history and environment. “In fact, yesterday appears unconnected to today, hence people are unable to see trends,” she noted. The university don listed factors affecting effective reporting of poverty issues to include: poor library/poor access to credible data; one journalist covering various issues; poor funding for research; commercialization of news/political economy of the media -survival of the media; editor’s news judgment/political interest of media managers; framing of poverty; sourcing/publishing news could sometimes be stressful and unattractive because the economy of the press in Nigeria and lack of motivation because of irregular salary. After providing insight on techniques for gathering information, she commented on writing the story stating that the aim of stories on poverty should be to increase public understanding of the issue through informing and educating the people. “So, avoid the use of technical words – if used give their meaning without necessarily interfering with the smooth flow of the message i.e.
Dr Abigail and Executive Director of IPC, Mr. Lanre Arogundade at the workshop in Lagos… last Wednesday the journalist must simplify complex information. Achieving this requires explaining technical words or concepts is by relating them to concrete things and everyday experiences of the reader; using description to help readers understand technical issues; Also, literary devices, analogy, scene setting, anecdotes, metaphors and similes are useful in
relating abstract technical issues to the experiences of the audience. “Another way is to humanize the story; journalists should write with a human face. Poverty issues are about human beings! So, reporting such issues should therefore highlight the relevance, importance and impact on the people.”
Sambo Dasuki and security media relations Opinion By Yushau A. Shuaib ITHIN a week, last week to be W precise, the name of the National Security Adviser to President Jonathan suddenly became an item in opinions and features. Most of them actually wanted Col. Sambo Dasuki (rtd) to be visible and outspoken on security activities in the country, especially the barbaric atrocities being committed in a section of the country. Some respected columnists also questioned the silence of NSA over recent security challenges. Writing under his weekly column in Thisday, Olusegun Adeniyi asked if Sambo Dasuki has a phone number of any editor in Nigeria, while Steve Osuji in his column in the Nation simply asks: “Boko Haram: Where on earth is the NSA.” I believe some of the assumptions on the person of the NSA were on wrong premises. Since they are not faceless writers, their articles were well-intentioned and wakeup calls on security situation in the country. This writer has memorable encounter with Sambo Dasuki by virtue of being a syndicate writer. Sometimes last year this writer honoured an invitation to speak at a Media Seminar organised by Netherlands Embassy for top security spokespersons and media practitioners. Gen. Chris Olukolade of Defence Headquarters, Frank Mba of the Nigeria Police, Dapo Olorunyomi of Premium Times,
Dasuki Manir Dan Ali of Trust and online bloggers including Tolu Ogunlesi and Japheth Omojuwa, were also in attendance. Immediately after the session, I penned my experience in an article on Debating Government Media Relations, which was widely published. A week later, I received an invitation from a top security officer to meet the NSA. Having being careful of avoiding any ‘Wahala’, I have been very conscious of my writings on security. While I asked for the prayers of my family for safety, I did online search on Sambo Dasuki.
What I found out were revealing: Former Military Governor of Kaduna, Col. Udangiwa Umar in an interview with Punch narrated how he and Dasuki attempted to install Chief MKO Abiola, the winner of June 12 election before the action was aborted. He also disclosed how they jointly confronted General Sani Abacha from playing hanky-panky with Nigeria’s destiny. Along the line, Dasuki escaped from Nigeria and lived in exile when he was hunted for his audacity and refusal to take an offer in the administration of General Sani Abacha. His
millionaire father, Ibrahim Dasuki who was the Sultan of Sokoto, the most powerful traditional ruler in Northern Nigeria, was deposed by Abacha and banished to Kaduna for the ‘sin’ of his forthright son. The father, who clocked 90 year last year, is still alive. All his life, as a royal prince, Dasuki has never been ambitious and would rather take a bow than playing dirty. He voluntarily resigned his appointment as Managing Director of Nigeria Security, Printing and Minting Company (NSPMC) when he was not comfortable with President Olusegun Obasanjo’s attempt to privatise the firm against security implications. The American trained security strategist was also Aide-de-camp (ADC) to Military President Ibrahim Babangida. At the time of his appointment in June 2012 by President Goodluck Jonathan, the Boko Haram insurgency was very active in Kano, Kaduna, Abuja, Niger, Kogi and most states in the NorthEast with attempted incursion towards Southern parts of the country. Presently, the activities of insurgents have been restricted to few states in the North-East. An active advocate of constructive dialogue and engagement with different groups towards peaceful resolution of crises, he nevertheless, believes decisive and aggressive confrontation is inevitable against rampaging and brutal undesirable elements. After online search, I sought the advice of members of Media and
Information Committee on Emergency Management (MICEM) where I was once the Secretary. The verdict was similar: Sambo Dasuki doesn’t believe in cheap publicity; he will rather expand resources in facilitating positive public perception on other security arms. He does have occasional interactions with publishers as well as hold sessions with critical media stakeholders. In such encounters, he openly and sincerely expressed his positions and the reality on the ground, while charging his audience to be responsible and responsive in their information against undermining national security and national interest. A stickler to time, he can never be late to any assignment. In fact, most time, I learnt, he arrived long before the commencement of events. With those information I had the courage to honour the invitation. To my comfort, I wasn’t the only person invited to the meeting. There were some activists and members of NGOs too. When he looked at me, he asked: “Why are you very critical in your write-ups?” I responded that writing is my hobby and PR is my profession. I am therefore conscious of whatever I write. At the end, he appealed to us to be fair and kind in our comments and writings and that we should always considered the nation first. He urged us to always channel our grievances and recommendations on national issues to appropriate authorities including his office whenever necessary.
THE GUARDIAN www.ngrguardiannews.com
Monday, March 10, 2014
New TV Commercial for Oando premium product Branding By Gbenga Salau N order to expand its share of the lubricate Ieducative market through providing informative and news about its product, Oando has launched a Television Commercial (TVC) tagged History with a pay offline, The Master Engine Oil. The one-minute TVC narrated how the company was conceptualised, the transiting stages it has gone through including steps it has taken to ensure that it serves the market with quality product. According to the Head, Marketing Communications of the company, Mr. Seun Soyinka, its premium lubricant product, Oleum, was made through following all the detailed rigours for a good product and the TVC is meant to showcase the heritage of the company and its lubricant. Commenting on the content of the TVC, which is the first by Oando Marketing, he said that because his organisation is very different and deliberately distinct, was why it took its time to come out with a commercial, as it does not just want to produce a commercial for the market. Soyinka disclosed that the commercial did not follow the norm of exhibiting a product
in use by a product ambassador because it is an approach that suits it. “Whatever we do as Nigerians we must do differently because there is always the feeling that Nigerians are not thorough. But we are saying that we are a Nigerian company, and that does not mean we will not follow due process or be thorough in our efforts and ideas. So, we want it to be different.” Also speaking at the press briefing, the Lubricate Technical Manager, Mr. Ayobami Odetola, said that the TVC became necessary for the company because no matter how good a product is, the market needs to know that it is there and that it is good. After explaining what a lubricant is, he stated that it is a very highly technical product which is used by organisations and individuals. This, he said, is why the company has continued to partner with the best technology companies around the world for its product. According to him, the partnership was why Oando could pass the America Petroleum Institute certification process, which is the highest certification body in the world besides getting industrial approval from a firm like Porche. He maintained that the best available raw material is used in the production of the product besides meeting all the specifications of a lubricant. For him, the consumers need not just buy on the basis of pricing but on value
because the price of the equipment that the lubricant is used for is insignificant compared to the equipment. He also talked about its three lubricant plants across the country, aimed at serving the lubricant market within and outside the country adequately. “For the commercial customers, who have the facilities and ability, they can test the quality of the product but the individual consumers do not have the facilities. It means that they are buying largely on trust. And in the Nigeria lubricant industry, this trust has been largely broken, as a lot of operators has been selling fake and adulterated products to the market and it has contributed to the poor maintenance culture of vehicles on the road. “That is why in major cities in Nigeria, trucks releases tick smokes into the air and vehicles break down easily. For the car, the lubricant is like a blood, if the blood is not good, the human being cannot function well. So the lubricant you use in your vehicle should be so important to you,” Odetola stated. This, he said, is why every person that uses lubricant needs to work with a brand that could be trusted, reliable and competent, which are attributes embedded in Oando as an organisation and its products.
VII
Talking Ethics and Morality in PR HE 14th edition of the NECCI Public Relations T roundtable will hold on March 28, 2014 at Zen Gardens, 69, Isaac John Street, GRA Ikeja beginning from 12 noon. With Ethics and Moral Issues in Public Relations as theme, discussion at the roundtable will focus on creating a positive reputation for company in the public’s eye, which is essential for the survival of the organisation. “Unfortunately, for many PR practitioners, this means using whatever means possible, including any unethical methods, in order to create the ‘right image’ for their organisation and still maintain a pristine reputation amongst the general public,” said Nkechi Ali-Balogun, Principal Consultant of NECCI in a statement. This unwholesome practice, she stressed, has earned practitioners bad name as they are called ‘PR flakkers’. “It is negative term given by journalists to PR practitioners for manipulating, selfserving information, which does not tell the whole story most of the time,” noted Nkechi referencing Michell Green (2003)’s ‘Truth telling is not a matter of speaking the truth but is rather a matter of speaking what one believes to be the truth’ to buttress her point. The role of PR as a practice, the former chairperson, Lagos NIPR and Fellow of the Institute said, has had three major interpretations. These are: controlling publics, responding to publics, and achieving mutually beneficial relationships among all publics. She explained further, “within the first interpretation lies the root of the belief that PR is persuasive by nature, the idea that PR practitioners would do anything in order to achieve their goal. “From a PR point of view, this interpretation is open to debate. In PR, credibility is vital. It is logical that an ethical business practice is better than an unethical one when it comes to reputation and public image. She is confident that debate on March 28 will be interesting, controversial but highly important as she leads discussion on this very important topic. The roundtable will also feature other eminent practitioners as facilitators.
Firm to reward customers for loyalty By Gbenga Salau O reward its loyal customers, T InterContinental Hotel, Lagos, in partnership with Wema Bank has launched the
Cross section of participants at the workshop on strengthening the capacity of the media to report and mainstream rural poverty issues organized by the International Press Centre on Wednesday, March 5, 2014 in Lagos
Enforcing law on signage for beautification, revenue From Abiodun Fagbemi, Ilorin ENCEFORTH, KWARA State H government will pursue fullscale enforcement of its laws on Structures for Signage and Advertisement Agency. The legislation, which was promulgated some four years ago by the former Governor of the state, Bukola Saraki, was said to be at present appropriate for enforcement due to the alleged defacing of some sensitive areas of the state. Besides, the enforcement the government believes will boost the Internally Generated Revenue (IGR) of the state, ranked as 33 out of 36 states of the federation in the Federal Government monthly resource allocations. State’s Attorney General and
Commissioner for Justice, Kamaldeen Ajibade at a briefing in Ilorin recently, said the extant law would be enforced across socio-religious and political boundaries across the state, “therefore nobody should read any meaning beyond what we had stated to it.” According to Ajibade who was joined at the briefing by Dr. Muideen Akorede, Senior Special Assistant on Media to Governor Abdulfatah Ahmed, and the General Manager of the advertisement Agency, Ahmed Olufadi every violation of the law would be diligently prosecuted in line with the provisions for the penalties of the law. He noted, “under the law, any
corporate entity that owns outdoor structures must of necessity register same with the agency. The law empowers the agency to enter into and upon any property or premises for the purpose of carrying out inspection necessary for the proper administration of the law. “It is also mandatory for any person or body corporate to register and obtain permit from the agency before erecting, constructing, enlarging or structurally modifying any outdoor structure.” Ajibade added, “besides, owners and operators of existing outdoor structures are required to regularize their signage and advertisement structures with the agency
and if not done within a period of one month after the enactment of this law, the agency shall with or without notice as it deems fit, direct the removal of same at the expense of the owner. “It is important to stress here that any person who violates any of the provisions of the Signage and Advertisement Law or does anything in order to stultify the application of the law or continue to be in breach of the law by displaying or permitting the display of unauthorised outdoor structures shall be guilty of an offence and liable to punishment and sanctions provided under the law. These include terms of imprisonment or fine or both. And of course, includes also demolition of the offensive structure at the default-
world’s first prepaid hotel Loyalty Card Scheme to be used exclusively by members of the Reward Club, which was also unveiled by the hotel at the weekend. The InterContinental Lagos Rewards Club is a points-based bookers incentive programme open to individuals and corporate organisations with a range of exclusive privileges and benefits which will enable members book locally and spend globally with their Wema bank InterContinental Prepaid Card. According to the Director, Sales and Marketing of the hotel, Mr. Krishma Kunar, corporate and individuals who book rooms, meetings, banquets with the InterContinental, Lagos get every dollar back by way of points which will be remitted to each booker’s Wema bank InterContinental Rewards Prepaid card when due, which will enable the holder use the card and spend the money anywhere in the world. He disclosed that the rewards points never expires, adding that any client that makes a group booking for 20 and above between 21th and 28th of March will get between two to three per cent of the money paid back into the credit card. Speaking at the launch, the CEO, Wema Bank, Mr Segun Oloketuyi underscored desire to continuously partner with prestigious organisations like the InterContinental Hotel Group to create high-value initiatives and experiences for their teaming clients. For him, the partnership is another step in the relationship between both organisations after the successful part-financing of the development of the Intercontinental Hotel, Lagos by the bank. According to the Wema Bank boss, the prepaid card rewards programme being pioneered by Intercontinental Hotel is a first worldwide for any hotel reward scheme. He is optimistic that other hotels across the world will replicate the initiative. Also, commenting at the briefing, Head, Cards Wema Bank, Mr. Demola Bolodeoku, said that the usage of the card, which is issued and renewed free of charge, is restricted to Point of Service (POS) and the Web.
VIII Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
THE GUARDIAN www.ngrguardiannews.com
X Monday, March 10 , 2014
For The Record The more you see, the less you understand: Reflections By J. Shola Omotola (PhD) Introduction HESE are not heady days for Nigeria. Heralded at independence in 1960 as a promising giant at both regional and global levels, given its huge resource endowment – human and material-, the country has not only failed to actualise its potentials, but also appears to have effectively squandered its opportunities for greatness, ignominiously seated at the very nadir of development. While the problem is multidimensional, encompassing a variety of issues that have been generally codenamed the national question, the most troubling element would appear to be directly correlated to its security conundrum, holistically defined from both the strategic and non-strategic perspectives. Over the last couple of years, especially beginning from the onset of the fledgling democratisation process since 1999, Nigeria’s national and international security environment has changed dramatically. The increasing spread and radicalisation of the Global Jihad Movement (GJM), the phenomenon of international terrorism, global financial crisis and rising inequality, volatility of the international oil price regime, bad governance, excruciating corruption and missing dividends of democracy, among others, have conspired to reduce the majority of the people to mere clients, instead of the primary stakeholders of politics and development. The security implications of these developments are easily discernible. The nexus between security and development is so strong that some have argued that security is a development question and vice versa. The Nigerian experience since 1999, on the surface, offers a good laboratory for the confirmation of the security-development nexus thesis. Recent months in particular have witnessed increasing turmoil in the land with the escalation of the Boko Haram Insurgency (BHI) insurgency, among other security challenges. Indeed, Boko Haram (BH) has become one of the most talked about phenomenon in Nigeria in the security, advocacy, human rights, media, academic and public policy domains, both domestically and internationally. It is such that in the last one year or thereabout, hardly would a day pass without some sad commentaries on the BH. If it is not about new attacks and casualties, it would be about what the government is doing and/or not doing to deal with the problem. At some other times, it is about different people pontificating about what should be done to tame the monster of the BH. In short, there is already in circulation a huge body of knowledge on the BH –some general and some others focusing on specific aspect of the Boko Haram Question (BHQ). Despite these advances and increasing attention to the BH at home and abroad, Nigerians and its international allies remain confounded about the BHQ. So far, the academic and policy literature on BH has been trapped in the pitfall of what De la Calle and Sanchez-Cuenca (2011: 452) call ‘lexicographic debates’, leading many commentators on the BH to embark on an indiscriminate classification of the subject, without specifying the logical criteria of classification. In other words, there is not yet an organised body of thought on what BH actually represents. Errors in diagnosis constitute an open invitation to high risks of designing and administering inappropriate treatment (Adekanye, 2007: 217). By logical extension, inappropriate treatment will always yield undesired result. The latest official responses to the BH question in Nigeria, particularly the Amnesty proposal, the declaration of a State of Emergency in three northern states and eventual official proscription and characterisation of BH as a terrorist group by the federal government of Nigeria have further underscored the imperative of addressing Boko Haram Diagnosis (BHD) and the administration of treatments in a serious manner. This is the main concern of this study, the primary aim of which is to critically engage the BHQ, namely what exactly is BH – a terrorist group or what? What does it really stand for ideologically speaking: criminality, politics and/or religion? How is it organised and funded? After a careful reading of contending perspectives on these and related questions, the paper offers a reinterpretation of the BH. Essentially, the paper argues that the scholarly and policy ambiguity, or better still, confusion over the BH, derives in part not only from poor diagnosis, the latter stemming from a poor reading of the trend of GJM, but also from the seeming disconnect from crucial contextual issues, particularly the history of religious extremism in Nigeria. A fairly accurate answer to the BHQ, amounting to appropriate diagnosis, is a sine-qua-non to designing and administering effective therapy to the problem. Following this introduction, the study is organised into six sections. The first engages the dilemmas of appropriately classifying BH into the correct insurgent group: terrorism, guerrilla, militia, etc? The second situates the study within a historically grounded approach, underscoring the relevance of the history of religious fundamentalism in northern Nigeria to the understanding of the BH. The third explores BH’s goals and operations, including strategies, attacks and casualties. The fourth section critically reflects on contending perspectives and readings of both the BH. This is followed by an analysis of state responses/counterinsurgency strategies in section five. The final substantive section offers an alternative interpretation of the BH.
T
Terrorism is generally seen as ‘the threatened or actual use of illegal force and violence to attain a political, economic, religious or social goal through fear, coercion or intimidation’ (Lafree and Dugan, 2007: 184), the foregoing analogy reveals that a terrorist actor may not necessarily adopt terrorist tactics such as hostage taking and kidnapping, assassinations, plane hijackings, selective shootings, bank robberies and destruction of property and life through Improvised Explosive Devices (IEDs), the same way a non-terrorist actor may opt for a terrorist tactics. This point is pertinent to differentiating terrorist insurgency from other forms of insurgency. The concluding section recapitulates the central thesis and arguments of the study, before tendering its alternative interpretations of the BHQ in Nigeria. In the final analysis, the study submits that existing readings of the BH have so far tended to be ambiguous and misleading, leading to ineffective, if not completely wrong solutions. In order to remedy the anomaly, the study suggests the need to refocus analysis on a more holistic, historically grounded approach that accommodates not only the internal contradictions of the Nigerian state, but also appreciate the dynamics of the global geopolitical environment within which it has to operate. Boko Haram, Insurgencies and the Dilemmas of Classification Classification is the foundation of comparison and by logical extension, the scientific enterprise. While classification is a matter of ‘either or’, comparison is a matter of ‘more or less’; but the latter is impossible without the former. The logical criteria of classification, as carefully articulated by Arthur Kalleberg include, most notably, joint exhaustiveness, mutual exclusiveness and parsimony (Kalleberg, 1966). Exhaustiveness re-
Basically, insurgency refers to ‘a protracted political and military activity directed towards completely or partially controlling a state through the use of irregular military forces and illegal political organisations’ (Malaquias, 2001: 314). Whereas the popular maxim that ‘no two insurgencies are identical’ remains valid, it is also often claimed that ‘no insurgency is also unique in all aspects’ (U.S. Government, 2012: Preface). However, most insurgencies also ‘share some combination of characteristics, tactics, and objectives. Most pass through similar stages of development during their life cycle’ (U.S. Government, 2012). The common characteristics of insurgencies is that they often have a dominant political character, which is that ‘they are precipitated by real or perceived government breakdown, manifested in unwillingness or inability to meet the demands of important social groups (Malaquias, 2001: 315). Boas and Dunn (2007) underscores this point with respect to African guerrillas when they stress that they are ‘best understood as rational responses to the composition of African states and their polities’, and that they ‘seem more like the manifestations of rage against the “machinery” of dysfunctional states, their equally fragmented and corrupted institutions and the uneven impact of a globalized modernity (2007: 5; a l s o quoted i n
Omotola quires that the entire domain of subject of investigation be covered, without excluding any case; exclusiveness demands that no single case should fall into two categories at the same time; and parsimony insists that the resultant typology must be limited to manageable space, especially in terms of the number of boxes. Despite serious criticisms of misrepresentation, including what DeFelice (1980:119) calls ‘methodological nonsense in comparative politics’, Kalleberg’s framework remains widely acceptable for the purpose of ordering variables. The relevance of Kalleberg’s framework to this study is borne out of one of the most difficult and controversial issues in the BHQ, which has to do with identifying its specific type of insurgent movement: terrorist or guerrilla, among others. This point underscores the problem with the classification and measurement of insurgencies. It is the lack of such a template that made several studies run the risk of a haphazard and inconsistent classification of insurgent groups. We must avoid falling into the same pitfall if we will ever be able to design and administer an effective response strategy to the BH.
Boyd, 2007: 525). The U.S. Government (2012: 3) identifies the common characters of insurgencies to include their desire to: • Undercut the ability of the government to provide the population security and public services, including utilities, education, and justice. An insurgent group may attempt to supplant the government by providing alternative services to the people, or it may be content to portray the government as impotent; • Obtain the active or passive support of the population. Not all support has to be –or is likely to be- gained from sympathizers; fear and intimidation can gain the acquiescence of many people; • Provoke the government into committing abuses that drive neutral civilians toward the insurgents and solidify the loyalty of insurgent supporters; and • Undermine international support for the government and, if possible, gain international recognition or assistance for the insurgency. Despite these commonalities, different categories of insurgencies can be identified by their goals, organisational structure
Monday, March 10 , 2014
THE GUARDIAN www.ngrguardiannews.com
XI
on the Boko Haramquestion in Nigeria (1) and methods employed, size and territorial control (see Crosson, 2010; Martin, 2009). For example, using the goals of an insurgency as a unit of analysis has led to the emergency of a multiple typologies, namely anarchist, apocalyptic utopian, egalitarian, pluralist, commercialist, preservationist, reformist, separatist and resistant insurgencies. According to Crosson (2010: 171), the first four groups - anarchist, apocalyptic utopian, egalitarian, pluralist- are revolutionary insurgent groups that hope to significantly alter a current political system. Anarchists consider all authority patterns to be unnecessary and therefore should be destroyed without replacement; apocalyptic utopian groups are religious cults with political aims that transcend the confines of the state (O’Neill, 2006). The last four, namely commercialist, preservationist, reformist, separatist all have specific goals. While a reformist group, for example, does not aim to change the existing political order, but instead, seek to compel the government to alter its policies or undertake political, economic or social reforms, separatist insurgencies seek independence for a specific region. The primary goal of a commercialist group, however, are motivate by the acquisition of wealth or material resources, where political power is simply seen as a means for seizing and controlling access to the wealth (U.S. Government, 2012, Crosson, 2010), as popularised by the expansive literature on the new political economy of civil war, particularly greed (see Collier and Sambanis, 2003; Kalyvas, 2006; Weinstein, 2006; Tarrow, 2007). In terms of strategy, an insurgent group can opt for a military focused, conspiratorial, urban warfare and simple fear strategies. A military strategy focuses mainly on military force instead of having an added emphasis on gaining popular support; a conspiratorial strategy is a coup often led by military officers or civilians who seek to overthrow the ruling government due to corruption, inefficiency or legitimacy crisis; urban warfare strategy contains a series of actions developed by insurgents in highly populated areas with an aim to turn political crisis into armed conflict, believing that by performing violent actions, they will force the government to transform the political system into a military dominated situation, which may lead to the alienation of the masses, who will in turn revolt against the government to the benefit of the insurgency; and a simple fear strategy aims to eliminate or induce fear into specific targets thereby stopping the group from their ultimate objectives (Crossen, 2010). What the foregoing theoretical exposition reveals is that ‘placing an insurgent group into a specific category can also be highly debatable and is not definitive’ (Crosson, 2010: 172). As slippery as the terrain may appear, and despite identifiable commonalities, each category of insurgency also has its unique features. Take terrorism for example, which is intrinsically ambiguous without a universally acceptable definition (Omotola, 2003: 285). The ambiguity is because, as De la Calle and Sanchez-Cuenca (2011: 451) demonstrate, of ‘the coexistence of two senses of the term, the action and the actor sense, which are not fully congruent’. Following a robust discussion of contending perspectives, using the most comprehensive dataset on terrorist incidents, the Global Terrorism Database (GTD) and selected case studies, De la Calle and Sanchez-Cuenca (2011: 451) submit that: Terrorist groups are underground ones with no territorial control. Even the two criteria meet, the core of terrorism exists: coercive violence perpetuated by underground groups. The ambiguity that surrounds terrorism is caused by two other possibilities: actors with some measure of territorial control adopting coercive tactics and underground actors adopting military tactics. Whereas, terrorism is generally seen as ‘the threatened or actual use of illegal force and violence to attain a political, economic, religious or social goal through fear, coercion or intimidation’ (Lafree and Dugan, 2007: 184), the foregoing analogy reveals that a terrorist actor may not necessarily adopt terrorist tactics such as hostage taking and kidnapping, assassinations, plane hijackings, selective shootings, bank robberies and destruction of property and life through Improvised Explosive Devices (IEDs), the same way a non-terrorist actor may opt for a terrorist tactics. This point is pertinent to differentiating terrorist insurgency from other forms of insurgency. The analogy also reveals other essential nature of a terrorist group, including its underground character and absence of territorial control. The size of terrorist group, measured in terms of the number of insurgents and it deployment of heavy weaponry is usually very low compared to those of other kinds of irregular warfare operations characteristic of guerrilla warfare (De la Calle and Sanchez-Cuenca, 2011). In his widely cited piece, ‘terrorism as a strategy of insurgency’, Ariel Merari (1993: 224) underscores the differences between terrorism and guerrilla warfare as strategies of insurgency. According to him, the most basic difference between the two is that ‘unlike terrorism, guerrilla tries to establish physical control of a territory’. Territorial control, according to De la Calle and Sanchez-Cuenca (2011: 458), implies the ability of the insurgent group to be able to attain one or all of the following conditions: • Set up camps or bases in which they store weapons, train recruits, and so on, within the country’s border; • Establish stable roadblocks, disrupting the flows of goods and persons within the country, to finance the insurgency; and • Rule civil populations in the localities they seize (e.g., extract-
ing rents, administering justice). To be recognised as the new authority, insurgents may wear uniforms and carry arms in the controlled areas (Emphasis mine). Although BH may not have entirely captured and exercised direct control over clearly designated Nigerian territories, its activities in the northern part of the country, particularly in Borno and Yobe states, suggest the proclivity toward such a tendency. As recently revealed, Sambisa, a forest enclave that spreads over a distance of 300sq km from Damboa up to Gwoza, Bama and the Cameroon border, has been discovered to be the hideout and training camp of the BH (Audu, 2013). This represents a form of territorial control. Drawing on this submissions, and as will be amply demonstrated in successive empirical sections, it debatable if BH can be classified as a terrorist group. Rather, it shares more of the attributes of guerrillas deploying terrorist tactics. Background, Evolution and Metamorphosis of Boko Haram It will be ahistorical to treat the BH as an episode in Nigeria’s political development. In other words, any proper treatment of the evolution and metamorphosis of the BH must, of necessity, pay adequate attention to important contextual factors, not only the history of religious fundamentalism in the country, but also the shadow of religion on Nigerian government and politics in general (see, Omotola, 2009, 2010; Omotola and Aderinto, 2009). Historically, religious fundamentalism in Nigeria, according to Oyeniyi (2013a), can be traced to ‘the jihad and the proselytizing work of Uthman Dan Fodio, which settled and established Islam across the Sudan’. However, in its contemporary manifestation, radical Islam in Nigeria can best be traced to the proselytizing works of Sheik Ibrahim El-Zakzakky (Muslim Brotherhood), Ahmad Gulan (Ahmadiya Movement), Nasir Kabara (Khadiriyya), Abubakar Gunmi (Izala), Isiaku Rabiu (Tijjaniyya) and Dahiru Bauchi (Tariqqa) (Suleiman, 2009; quoted in Oyeniyi, 2013a). These men, at different times, founded and led different groups with Shitte Islamic inclinations across northern Nigeria. Although different, the groups claimed to be following the paths prescribed by Allah in the Quran and Hadith of Prophet Mohammed. The two components of these paths are leading a pious, religious life and the enthronement of an Islamic government. Oyeniyi (2013a) identifies Sheik Ibrahim El-Zakzakky, the founder of the Muslim Brotherhood, who was inspired by the Islamic activism in the Middle East, especially Iran, Iraq, and Pakistan where there were age-long agitation to establish an Islamic state, as the most influential of these Islamic clerics. The core of the Brotherhood’s teaching was that Muslims should live according to the dictates of the Quran, and to shun immoralities. Some members were so carried away with their beliefs that they torn their certificates upon graduation from the university, the same way some BH members has done (Onuoha, 2010). El-Zakzakky, the leader, although a first class student, never used his certificate. He worked for Islam instead. Similarly, El-Zakzakky also toyed, unsuccessfully though, with the idea of implementing the Sharia in Nigeria after the1979 Islamic Revolution in Iran (Suleiman, 2009), as BH has also been doing. The history of Islamic fundamentalism in Nigeria must accommodate the Maitatsine revolt of 1979, which goes down in history as one to first really polarize Nigeria along religious line. Led by Muhammad Marwa, Maitatsine was primarily a movement against the alleged corruption of Islam in Nigeria by modernization (Isichi, 1987). Like the BH today, north eastern Nigeria constituted its stronghold. In a similar vein, Maitatsine also directed its assaults/attacks against government and religious institutions such as the police, churches, Christians and moderate Muslims. Also like the BH, Maitatsine fed on the economic softness of the Nigerian state, particularly rising poverty and youth
unemployment in the northern part of the country. Finally, the leader of Maitatsine, like that of the original leader of BH, Muhhamed Yusuf, who was extra-judicially executed in 2009 by security agents, was also killed by the military in 1980 (Adesoji, 2011; Danjibo, 2010). The killing of the two leaders yielded different practical outcomes. Whereas the death of Muhammad Marwa brought an end to the Maitatsine revolt, the killing of Muhammed Yusuf only served to reinvigorate the BH in all respects, including its expansionist drive and execution of deadlier attacks. Elkaim (2013: 10-11) attributes the difficulty in dealing with BH, following the death of its leader, as was the case with Maitatsine, to the proliferation of new information technology such as cell phones and the internet. These resources, according to Elkaim (2013), enables BH to network and coordinate its members and activities, relatively undetected, as well as allow them to raise and transfer funds, with relative ease, for their activities. This contextual background underscores an important point, which is that the BH is not entirely new to the country. It fits well into the history of Islamic fundamentalism in Nigeria, and even shares some commonalities with its notable predecessors such as the Muslim Brotherhood and the Maitatsine. If anything, it is a matter of degree, not of kind. This implies that BH may possess its own unique history and character, which cannot be completely dissociated from the past. In specific terms, Onuoha (2012a: 162-168) periodized the evolution and transformation of BH, as an Islamic fundamentalist movement, into four phases. The first is what he called the incubation stage, spanning 1995-2002. During this period, as Freedom Onuaha documents, BH began as a harmless sect in Borno state, known as Ahlulsunna Wal’jama’ah Hijra sect under the leadership Abubakar Lawan, who later left the country to study at the University of Medina in Saudi Arabia (see also Oyeniyi, 2013b). Its primary aim then was to moderate orthodox Islam, but never resulted to any violent strategy. The second phase, following the exit of Abubakar Lawan, was what Onuoha called the militant moblisation stage between 2003 and 2009. This period witnessed some major shift in the organization of the BH, especially following the emergence of Muhammed Yusuf, a secondary school drop-out who acquired Quranic education in the Chad and Niger republics, as its new leader. The main features of BH then included the demand for the implementation of sharia in northern Nigeria; declaration of BH’s intentions to dislodge and take over the Nigerian state for its corrupt and anti-people’s dispositions, as well as the first time the BH took up arms against the state. The first attack took place on 24 December, 2003 in attacks against police stations and public buildings in Yobe states, where it hoisted the flag of Afghanistan’s Taliban movement over the camps. The third stage, according to Onuoha (2012a), was the Islamic Insurgency stage of August 2009- May 2011 under the leadership of Abubakar Shekau. This followed the killing of Yusuf and was characterized by guerrilla warfare tactics, involving ‘targeted assassinations, driven by shootings and planting of IEDs’, increased level of attacks on government and public institutions, as well as spread into other states such as Gombe, Kaduna, Kano, Niger, Plateau, Adamawa, Bauchi and the Federal Capital territory (FCT). The final phase identified by Onuoha (2012a) was the domestic terrorism stage, which commenced from June 2011 to date. The distinguishing features of this period include the forging of connections with transnational terror groups such as al Qaeda in the Islamic Maghreb (AQIM), which is also known as al Qaeda in the Lands of the Islamic Maghreb [AQLIM]) and the Al Ittihad Islam, Harakat Al Shabaab Al Mujahedeen, otherwise known as Al Shabaab (see also Omotola, 2013); and the recourse to suicide bombing, as witnessed in the Police headquarters and the UN building, both in Abuja, Nigeria’s FCT. As informative as Onuaha’s periodisation is, it is somewhat confusing and violates the logic of classification. First, Onuoha fails to specify the criteria upon which his classificatory scheme is predicated. Second, an attempt to infer same only adds to the confusion, leaving an impression that his ultimate criteria were the goals, leadership and operational strategy of BH under the various phases. Third, even if this inference is accepted to be valid, the typology only leaves us with considerable overlap across the various criteria and phases. For example, a common goal across the various phases was essentially to challenge western civilization as evil, portraying it as the root of moral decadence and corruption in society, thereby providing a justification for its insurgent acts. Again, the tactics attributed to phases two, three and four are mutually reinforcing and actually interchangeable under different insurgencies, depending on prevailing realities. Moreover, the various phases reveal, in bold relief, the low educational background of the leadership of BH across board. At least its first known leader, Lawan, only went for university education after he vacated the post. Yusuf, his successor, never had university education. Finally, the operating environment of the BH across the various phases was essentially the same, leveraging on the economic softness of the state, its weak institutional foundations and changing geopolitical realities. TO BE CONTINUED
THE GUARDIAN www.ngrguardiannews.com
XII Monday, March 10 , 2014
INTERVIEW
‘Tunisia, Nigeria should advance their He is vibrant, youthful and enthusiastic. And he brought all of these traits to bear while speaking on how to take the diplomatic relations between Nigeria and Tunisia to a desirable level. Tunisian envoy to Nigeria Hattab Haddaoui also stated among others that enhanced business links is a win-win for citizens of Tunisia and Nigeria. He spoke with Foreign Affairs Editor OGHOGHO OBAYUWANA and JOHN OKEKE. Excerpts.
Haddaoui will like to ask you first, you know, people don’t remember Ibegan. that Tunisia was the very first place where the Arab Spring I will like to ask you how Tunisia survived the Arab Spring and what is the government of Tunisia putting on ground after all that to ensure that there is stability in the country? First of all I will like to thank you very much. I want to thank you for this opportunity to be with you and to address all Nigerian people for the services of a good newspaper – The Guardian. We look at the successes. It was the outcome of difficulties in that respect that Arab Spring countries are doing to determine the shape of the region for the coming years if not decades. The success of the democracy is not only in Tunisia but almost in all African countries and the Arab countries. You know that Tunisian people have succeeded with the Arab Spring experience with harmony and without dividing the people. And it was a very successful experience and a very successful democracy transition for the take-off, of the sharing of the universal values of freedom and democracy. Where is deposed President Ben Ali? What has happened to his empire? There are conflicting reports on his whereabouts. Is he still being prosecuted? There are talks about him, his friends and family members being persecuted. Is he under a
special surveillance or absolutely free? Now, Ben Ali is not in Tunisia and I think also his family is not in Tunisia. I don’t know what happened to him. He has been alone but now I know his family is in Saudi Arabia. But you know in Tunisia, judges are trying to recuperate money that goes missing traceable to that regime and members of his family. The counting of the financial resources belong to all his families but his so-called money belongs to the Tunisian people to recuperate it and to ensure that the people of Tunisia really take the possession of it. Let’s come to something more immediate, it was observed that during the last AU summit in Addis Ababa, there was no Tunisian delegation led by your president as expected. Why was that so? No. Fortunately, there was a Tunisian delegation there. We delegated the Minister of Foreign Affairs Mundi Hambi who led our country’s delegation and it was a high level delegation. There were even two ministers – the one in charge and the Political Adviser to the President of Tunisian Republic and the Minister of Foreign Affairs. The delegation was sent by his Excellency, the Minister of Foreign Affairs and it was his first visit outside Tunisia because of his superior as usual. At that time, our president was in charge of preparing the visit of
more than 20 heads of state and this can be very tedious as you know with the designation of the Tunisian new constitution many presidents visit Tunisia. The President of Chad, President of Gabon, President Mali, President of Guinea and many African Presidents and also western Presidents and besides I think Presidents of Parliaments and heads of government was preparing for signature of the constitution and preparing also how the jurisdiction or the protocol of heads of other states... But Tunisia participated in the African Union summit with what I can describe as a high level delegation Now you have to tell Nigerians what this second constitution of your country symbolizes both for Tunisia and for Africa and what the entire world is to expect from it. For the sake of experience, it will give a political credibility to us and as well as stabilize the regional system in order to pushing the region forward and its people. It expresses the value of democracy and human rights. The growth of the Tunisian model can represent in many channels to fight for the group as well as to protect the new generation aspiring to a tide of change. It will take the people back to the years of cooperation and healing before the Tunisian people had adopted the new second constitution in Tunisia. It represents the aspiration of the revolution, freedom, justice and democ-
Monday, March 10 XIII
THE GUARDIAN www.ngrguardiannews.com
INTERVIEW
economies with mutual cooperation’ racy. It is indeed a democracy constitution entrenching values and freedom and will take its place in international best practices. And the entire world asserts the felicitation of Tunisians about this new Second Constitution . So what do we expect from Tunisia in the new time? More than 90 per cent of Tunisians are Muslim yet it is a secular state. Of course, Tunisia is a pioneer in many rights. It even gave Africa (Ifrikya) its name. What lessons does it hold for a country like Nigeria? Yes, we have a secular state. What is written in the constitution is something that is going to attract other things. In the Constitution, Tunisia is a Republic and Islam is the religion of the country and Arabic language is the language of the country. But in the practice of life you find Tunisian people as very open minded and in Tunisia there are many people of divergent cultures living together without any violence , without any racism. Majority are Muslim and there are also Jews and Christians. There is no problem in Tunisia. Not now that was long, long time. Of course as you know Tunisia is on a smooth path again. So many congregations come to Tunisia, Orthodox, Roman Catholic, etc. The Tunisian man is actually open to others. Tunisian people are very welcoming and hospitable. As I said, Tunisian people are very welcoming and like you mentioned, the name Africa, it is Tunisia that gave Africa its name. Given the new constitution which you now have, Africa would like to give Tunisia a bigger role in the continental scheme of things. Is your country ready for this? I will speak very frankly with you. In the training (mentors) of hip of Habib Bourguiba (the country’s first president). After the Republic of Tunisia, after the independence....Bourguiba was very very interested in the relationship between Tunisia and all other African countries. And it was a dream to have one day in the African Union as well as the role of leadership as one of the leaders of the African continent. So in history Tunisia was very active in the African scene and African affairs. But with coming of the sick President (Ben Ali) then in 1987, the relationship between Tunisia and Africa was not in the same level. Bourguiba had another opinion and ideas about a strong foreign policy. Lately, our foreign policy was more inclined towards the West and the African affairs was not in the same level I think. After the Arab Spring as you know, Tunisians have strategies and general policy to practise more than different African countries. But it would take its position again on the African scene and to promote the good image and to develop more and more bilateral relations in different scenes with Africa and other African countries because we think that as Africans, we can do more together. Tunisia belongs to the African continent. It is doing more and more to enhance the relationship with the African countries. It is a geographical partner and cultural partner. What today is the position of Tunisia within the Maghreb and in the Arab world when you look beyond the politics of the region to the gel- economy. We know that Libya was very dominant during Gaddafi era. We know that Algeria is strong in petrol and Egypt is the biggest Arab country in Africa . How do you cope with all of these? This is a very interesting question. You know Tunisia is part of the Maghreb Union, and we see that if you want to make union with other countries you don’t think about who is power and who is not power, you understand ? Truly Tunisia has no petrol, no gas and such resources but have human resources very important and a very high level of education. Tunisia is rich and very wealthy with a very huge human resource that is very important I think. And we think that Tunisia has done much and is also working and there is evidence of this and to achieve more, means to work harder also up to the last step of the Maghreb Union. When we negotiate with the West and the different others so as the Maghreb Union we take part and we take advantage and I think that the non-Maghreb will cost for each country around three per cent from no growth. You understand me. So I will explain myself better. If we don’t have the Maghreb Union every country will lose more than three per cent of growth. So it is better for all the region, all Maghreb countries to have the union. Now to Nigeria-Tunisia relations. Why have you always had a Charge d’Affairs in Nigeria whereas we do have an Embassy in Tunis with full diplomatic compliments. Don’t you think that affects diplomatic relations in terms of levels of relations? Also, do you have concurrent accreditation to other countries from Abuja? I cover not only Nigeria but I cover also Liberia , Sierra Leone and Ghana from Abuja. It shows that this is a strategic and important outpost for Tunisia. It follows, therefore, that Tunisia should be having an ambassador here so why do you prefer a Charge d’ Affairs instead of an ambassador? The establishment of diplomatic relations between Tunisia and Nigeria dates back to 1980 and I think the more we are talking, the more the level of representation. It is as result of the level of representation about result of representation, that is more important . You can’t be represented with two ambassadors or four ambassadors. We have very important relationship. It has to be relationship in trade, economy, culture and other identified areas. I think what is more important is not the level of representation but the result of representa-
tion . And I think that with my predecessor, we have done many good things and am trying here as Charges d’ Affairs to consolidate because there are some things many people don’t know. There are two kinds of charges d’ affairs. Charges d’Affairs put in place as an ambassador and Charges d’ Affairs on seat. With the office here in Nigeria, the charge’ affairs is the head of mission, the representative of his country and he is in the same level as ambassador. Now in Nigeria we have an ambassador. It is also with Liberia, Ghana and Sierra Leone and with some western countries. It is the result of the diplomatic work done that is important. Also the relationship between countries, how deep it is, how well it is growing. So let’s talk about the result. What is the current state of affairs, the economic bilateral relations between Nigeria and Tunisia? I will like to be very frank with you. The relationship between Nigeria and Tunisia is very important. And it starts from different stages. So, I think Nigeria is a very rich country and Nigeria is a big country also. Nigeria is one of the biggest countries in Africa. And there is in Nigeria a lot of potential that we can develop with Tunisia. I think that there is no Tunisian businessman in Nigeria and the same thing there is no many Nigerian businessmen in Tunisia... Why? You ask? This may be the problem of language and the problem of information. Tunisians have not known very much of Nigeria. Tunisia and Nigeria have closed up much in that regard. Tunisian man is still ignorant about the potential in Nigeria. There is a problem of ignorance of market. Now, this is my role and this is our role. This is our aim in order to make business information about Tunisia and Nigeria known to all. There is need for Nigerian businessmen and economic operators. I don’t like to speak in terms of business. The country has many other things because country is not all about business and trade...we can think about sharing of experience. You can think about relations in terms of culture and can also think also education and about tourism. You can think about healthcare . We can think about agriculture and many other things . You can think about environment. You can think about the meeting of people of different ethnic groups because it is very important. And you don’t like to speak only in terms of trade because it is really a big region. We can think about the issuing of visa between our countries. Tunisia is a very good example of tourism country. I know that Egypt is number one in Africa. Since Tunisia also plays high in this regard, how can it also be the main stay of the Nigerian economy? Egypt is, for North Africa. I am not sure and I can’t say our position for the whole of Africa. I think that it is not only the number of people that counts. There are some things that nobody knows. So we can say that you are number one for receiving tourists in Africa or in the world. How many jobs will be created by the number of tourists? This is what will add value and the story you can give to your country. It is more important. So it about the quality of tourists and their length of stay. In Tunisia we have a very good strategy in tourism and it does well beyond the tourism of summer because these work in many countries. In Tunisia we have a general strategy for tourists. We have a tourism site for seasons and different types of tourism. Cultural tourism, medical tourism, sea tourism, motel, beach and Sahara tourism. So the tourism in Tunisia is viable and very complete. And now you count more and more tourists . What I am looking for now since my coming here in Nigeria is to share the Tunisian experience between Tunisia and Nigeria because I think in Nigeria there are many potentialities of development of tourism because there are many fantastic landscapes and very fantastic tourism sites that we can develop. And now I am still working with the Minister of tourism and I have a meeting ... There are some programmes or trainings of Nigerians in the field of tourism in Tunisia. We can develop in area of cooperation for tourism development. We can have a bilateral agreement with regard on how we can share our experience in the areas. We can share our experience with you because as a Tunisian, you cannot adopt Nigerian model. Nigeria cannot adopt Tunisian model. We can share our experience, the success experience, you understand me. In Tunisia, what we want to do for example, we are looking to help Nigeria and to preserve our credibility to help Nigeria develop in general political tourism. How to develop a structure with strategies; we want develop this structure . And which normally we can strategise. We should qualify training of human resources in six countries. In Tunisia we for example make many trainings, in building up of Nigeria in the tourism sector. This is the first step and we can preserve by bringing some specialists from Tunisia to help the Nigerian tourism sector and the people in charge of tourism sector. We should help answer the questions: How do you strategise? How do you put things together developing the tourism sector? When you ask, how much it brings into the Tunisian economy every year, in terms of number I don’t know. I think it is number one of the budget but I can’t check now because I will not like to give you false information. I think is the second source of income to the country. Tourism creates jobs. It contributes to the fight against joblessness because in job there is creation of employment. It is very important. It solves crime problem and douses social tension. People are happy and employed. Tourism is the heart
of Tunisian economy. I don’t know if you have worked out the calculation, if you like to work things out with Nigeria through the existing bilateral cooperation that am talking about and how we can have a vibrant tourism sector here. It is expected to bring so much into the Nigerian economy. I think it will be very important. Why? Look for example I am not here to keep listening and to give calculation for Nigeria because Nigeria is full of very high level specialised experts in the business, but in my own modest opinion of you I think that is important in any country to develop or have points of resources, not only diversify the resources of the country. It will be very important for example one big country like Nigeria with different cultures , ethnic, language and very different landscapes . Tourism can be Nigeria’s number one. Believe me because many people in Tunisia, even in other African countries they don’t know very much about Nigeria. Nigeria is the biggest in the continent. They know about Nigeria, the biggest country. The country that is big but they don’t know tourism sites. It is a very a nice place, the mountains, rivers and the ports. You understand. You know, from our studies, Tunisia is very well accomplished in terms of agriculture . It is a big exporter of agricultural products. I know that most of your dates, oranges and olive oil and so on are of high quality? What can a country like Nigeria learn from your kind of agricultural mechanization? In Tunisia there are four seasons – the spring , the summer, autumn and winter. So we have round weather. So In terms of agriculture, we have two seasons of agriculture. We have wheat agriculture, of olive oil. But even in Nigeria, agriculture can be all year round because there are water resources in Nigeria more than in Tunisia . For example if you want to plant maize, tomatoes in Nigeria, you can preserve it less than the Tunisia because you have very big land. And there are many water resources and also the human resources .You can do better than IN Tunisia . In Tunisia, for example there is a junior politics for the development of agriculture. And there is a bank in Tunisia dedicated for that, the agriculture bank for small agriculture. It is at the very base of the economy.
Haddaoui
THE GUARDIAN www.ngrguardiannews.com
XIV | Monday, March 3, 2014
INTERVIEW
‘Jonathan is not a sectional leader’ Otunba (Dr.) Suraj Mohammed Abdulrashid, an industrialist and a politician who is at the vanguard of the Jonathan/Sambo for 2015 tells ADAMU ABUH that contrary to views held in certain quarters, President Goodluck Jonathan whose transformation agenda is already impacting positively on the lives of Nigerians is not a sectional leader. Excerpts: What do you make of assertions by President Jonathan that he would lead the PDP to victory in 2015? IKE I said, whenever there is a crisis anywhere, it is a sign of a better thing to come. God says that this world is created with sadness and joy. It can never be rosy all the time. Even on the highway have you ever seen a road that is straight? You take a bend, turn this way and turn that way. This is the irony of life. If you see family members enter their room and anytime you see them coming out they are laughing and they tell you all is well they are deceiving each other. But when you see them wrangling and arguing, it is because they have told themselves some home truth. So in this wide, I want to appeal to our brothers, our fathers that have defected to other parties due to disaffection in the PDP to come back home. We should remember too that people are defecting from other parties to the PDP as well. We saw it happen at the National Assembly as our lawmakers that defected have started seeing the wisdom of remaining in the PDP. I am sure that victory for Mr. President in 2014 is guaranteed. But critics of President Jonathan still insist that his administration is skewed to favour Nigerians from the South-South and SouthEast geo political zone? First of all I am a Nigerian, secondly I am from the South-West but I was born and bred in the North. I am conversant with all the nooks and crannies of the country. What the critics are saying is not correct. President Jonathan is not a sectional leader. I say so because I have a lot of things to justify what I am saying. All the Almajiri schools were all built in the North and have been commissioned but yet none has been constructed in the South-South and South-East. I agree that it is natural for the South-West to have a misgiving about President Jonathan because we all know that you cannot satisfy human beings but the most important thing I want to advise my brothers and sisters in the South-West is that we Yoruba should try and work as a team and it is very obvious that we are not working together. If you go to Lagos there are crises in PDP, if you go to Ogun State, there are factions in the PDP, if you go to Oyo State, there are factions. There is an adage in Yoruba that when you take note of a broom, it is together and they are standing one by one. So we should try and be one in all we do. Luckily, President Jonathan who has been doing a lot just appointed Gen Jones Arogbofa as his chief of staff and recently he visited all our traditional rulers like the Oni of Ife and the Alaafin of Oyo, Oba Akran of Badagry which are signs that a lot is coming for the South-West very soon. What do you make of criticisms that President Jonathan is not doing enough to stamp out corruption in the polity? Those who say so are entitled to their views. Even in America, in the advanced societies, we all know that corruption is not at zero level. We don’t have to go into the nittygritty of it. Perhaps those who say so may be saying so because we have not been seeing people in handcuff
L
Otunba (Dr.) Suraj Mohammed Abdulrashid
being taken to the courts on daily basis. We don’t see much of this because this government has a human face. It is doing a lot. We know there are cases of corruption but there is room for improvement on the issue. The fight against corruption is a continuous process and the government is still doing what it can to ensure that corruption is minimised. But we should all note that corruption can never be totally eliminated. With 2015 around the corner, can Jonathan withstand the onslaught of the All Progressives Congress (APC)? The truth is that he PDP is the party to beat. The APC metamorphosed from different shapes to be what it is today. It is still a party of strange bedfellows that has not been well rooted like the PDP. The PDP had remained with it was from day one and nobody can fault this. God has stated in the Scriptures that life is saddled with sadness and joy. Things can never be rosy all the time. But whenever there are some misgivings and misunderstanding, it is all geared towards better things to come. Crisis itself within the party is a form of check and balances. The APC can never shake the APC and the President Jonathan led-administration. President Jonathan appears to be keen on holding on to power even when the North is agitating that the Presidency should return to one of their own in 2015? President Jonathan is not clinging to power to the detriment of the North. What those in support of the President are saying is appeals to our northern brothers to allow him conclude his eight y e a r s tenure. As President Jonathan’s supporters, we are appealing to the North to allow him see out his eight years tenure. We believe that by the time he completes his second term, power would naturally return to the North. We should note that power is transient; it is not permanent. Power has been in t h e
North for so long and it needs to come back to the South. The next four years is already around the corner and all we need to do is pray that may Almighty God give us good health and long life to see what God has anointed him to do in the remaining four years of his tenure. Do you think President Goodluck Jonathan has lived up to expectations of Nigerians? We are all human beings; President Jonathan is doing his bid to the best of his abilities. Looking at what he is doing right now, nobody can come on board from any part of the country and say he is not working for Nigerians. If we must be sincere with ourselves, we can’t say he is going to solve all the problems of our country. The only thing that can happen from the word go is that people would come, do their bid and go. The world itself is a continuum; it is not going to end today or tomorrow. It would continue till the day God decides to put it to an end. And there would always be problems but when you have a President like Jonathan that has come on board and is doing his best, there is need to acknowledge it and encourage him to keep the flag flying. As a matter of fact, to be fair to President Jonathan; he has done a lot. Nigeria has gone through all sorts of decay in the past decades. There is moral decadence in the society. But if you look at what he has done so far, sincerely speaking I stand to be corrected, the President is doing his best to reverse the ugly trend. The President who is a very humble human being has lived above expectations. We still hope he would do more because no matter what we think he has done, there are rooms for him to do more. There are achievements tied to the transformation agenda of Mr. President since 2011 and we are still felling the positive impact tremendously. We want this retained till 2019. We all know of the transformation in the power sector. President Jonathan has constituted the road map for the power reform. It is very clear to all that the power sector has recently
been unbundled and privatised. With this, distribution of electricity would be easier. He has already encouraged the bulk traders in the power sector to come around and the Federal Government has injected a lot of money into the exercise. This has encouraged the African development Bank (AfDB) to pledge $180 million for the bulk traders in the power sector and I know that there is $150 million to boost distribution of power in Nigeria. All these wouldn’t have been possible with the initiative of President Jonathan. Apart from that, is it the revolution in the aviation industry we want to talk about? He has ensured the development of a master plan for Nigerian airports to the extent that some few airports have been remodeled, new tarmacs at various airports developed and we want to assure you that next time, it is going to be developed. There is the railway resuscitation, which we all know, is it the road rehabilitation and reconstruction projects spread across Nigeria? The LagosSagamu-Benin road that has been a nightmare is a forgotten issue, if you leave Abuja and head to Kano, I make bold to say there is no single pothole on the road again. If you go to Minna-Abuja road, you see FERMA working. Is it education you want to talk about? The Almajiri schools have been built across the North. About 125 schools have just been commissioned in a bid to take beggars out of the street to give hope to these kids because of the future. He is not doing this only in the North but across the country. Is it the sports or housing revolution that has been put in place? Like I say, there are a lot of things left undone all these while but God has sent us a messiah to assist all of us for the period that he would be there. Let us give him a second chance. This is why we want him to consolidate in 2015. I have been actively participating in politics right from inception from 1999; we have never wavered in our determination to ensure the success of the ruling Peoples Democratic Party (PDP) since then. But all along I have never vied for elective position and I have not been given any political appointment. My interest is that we want whoever that is going to be president in this country to be someone that has the love of the masses at heart. This is my own objective. Anybody who is going to lead us should be somebody that would deliver democracy dividend to the generality of the people not the people that have so much wealth at their disposal. We want a government that is for the people, for the downtrodden, that can provide basic amenities like electricity, water, good roads, good housing, and transportation.
Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com
XV
ISSUE
Heritage at one: Masterstrokes that yielded banking edge By Anthony Chidubem Nwachukwu UST one year on the Nigerian financial turf, Heritage Bank (HB) is marking uncommon accomplishments following the evolutions it brought into the banking sector, which have unarguably given it special attention in a sector that parades many top and long standing giants. Riding on the back of a liquidated predecessor, Societe Generale Bank of Nigeria (SGBN), HB only inherited the burden of a rubbished brand and no local antecedent would give it a chance. Therefore, the expectation at inception was at best tentative. And coming also at a time the banking sector was undergoing serious belt tightening, HB appeared a bad experiment, and its premature death would merely have been a fait accompli. With the depth and industrywide impact of some of its accomplishments so far, however, it is hard to tell that the bank commenced operations only about 12 months ago. The first significant step it took was the Account Validation Exercise it conducted for the defunct SGBN depositors. For the first time in Nigeria’s banking history, a bank that had gone under for 10 years, with depositors having lost hope of recovering their deposits, came back under a new ownership and management structure to return the lost deposits to their owners. The development became all the more commendable as the Central Bank of Nigeria (CBN) had on two previous occasions raised and dashed the hopes of the SGBN depositors with failure to accomplish its own account validation exercise. HB Managing Director/Chief Executive Officer, Mr. Ifie Sekibo, explained to newsmen that to build integrity, which is core to banking success, the new management first
J
had to lodge the SGBN depositors’ N21 billion with the CBN, while the old depositors, after the validation exercise, had the option of taking 100 per cent of their deposits away, meaning, “we can’t trust you again.” They could as well take 50 per cent of it away and say, let me test your integrity with 50 per cent, or leave the 100 per cent in an absolute show of confidence. Surprisingly, he disclosed, only four per cent took their deposits away, while 96 per cent did not. Their deposits, now added to the bank’s take-off capital, gave a good leverage. This hope-restoring platform on which the bank commenced operations quickly established its brand credentials of empathy, trust, integrity, reliability and focus. Beyond these demonstrable positive brand attributes, however, the bank opted to add innovation as yet another measure of its business philosophy. One of those innovations was the launch of its Zero COT, which was a novelty in the market. For most banks before it, the COT is a huge cash cow, producing 20 to 25 per cent of their revenue base. Heritage became the first to operate zero COT on all its account categories and today, a few other banks are coming on board. According to Sekibo, COT is fraudulent, a rip-off of depositors because the banks have already received the deposits, which they trade with to make profit. From the outset, he disclosed, HB did not plan with expected proceeds from COT, therefore it had no problem not making such revenue at all. Now, the CBN regulation has outlawed that instrument of customer exploitation and soon it would be consigned to history. Another innovation within the past 12 months that
• COT rips off depositors, Sekibo insists
Sekibo have changed the course of banking business in the country is its exploration of alternate channels of financial services distribution. The bank has continued to move the frontiers of e-banking platform with its first-of-its-kind deployment of Finnacle 10 software. Other older and bigger banks have had to copy this approach, which is today a veritable marketing and competitive arena. It equally raised the bar by launching, ahead of any other financial services provider in the country, its Automated Banking Centres (ABCs), MSME Clinic, Financial Literacy Plan and Agency Banking platform, among other innovations that never previously gained wide embrace in the financial sector before it came on board. As proof of its public acceptance and goodwill, corporate and institutional demonstration of confidence
in its values and business philosophy, the bank has received mandates from several MDAs, governments and corporate organisations as their revenuecollecting agent. Among these are the Lagos State Government, Nigerian Customs Service, the Oyo State Government, the defunct Power Holding Company of Nigeria (PHCN), Eko Distribution, Ikeja Distribution and DSTV/Multi-choice. Industry analysts see the securing of these mandates as noteworthy because apart from being the newest commercial bank in the country, it also does not yet have the kind of branch network and presence that usually recommend financial institutions for such services. The obvious consideration, analysts observe, is the bank’s robust credentials built up through its unrelenting commitment to innovation, integrity and focus. The Heritage Bank story is further made more exciting by the fact that it is designated a regional bank. According to skeptics, given their lower capitalization and being restricted to operating in a minimum of five and a maximum of 10 contiguous states within the country, regional banks will find it difficult competing with lenders with national and international licences. This is because, apart from having more capital than regional banks, national banks are also allowed to operate in every state of the federation as well as internationally. If as a regional bank HB has given older, bigger and national players in the sector a run for their image, it is better left to imagination what new possibilities would follow its much envisaged growth and status transformation into a national bank. Sekibo had disclosed in May last year
that the bank planned to increase its branches in the country from three to 16 by the end of June and to about 30 by the end of the year. However, he added: “We can’t compete on branches but we will have what is more than a branch. We will have points of reference rather than branches, where customers will transact their businesses seamlessly. “I foresee a situation where more banking would be done from homes and offices. If you need a loan, you can do it from your house. Banking is moving somewhere; technology will be able to help us give that confidence to the clients to assess minimum loan to start a small business. We will be at a cutting edge in giving deliverables to customers.” This gave rise to the establishment of agent banking or “corner shops” so that people in unbanked areas or places some kilometres from banks, including traders and artisans, could transact banking business without risk and stress. HB Chairman, Mr. Akinshola Akinfenwa, would add that despite the number of banks, the country was still under-banked, thus presenting opportunities for fresh operators, “that is why we at Heritage Bank see opportunity for service.” The former Group Managing Director of Skye Bank hinted: “With the caliber of people assembled to run this bank, given their firm knowledge of Nigeria’s financial terrain, our bank will provide firm support to small and medium scale industries and we are going to deploy first-class technology solutions as well as knowledge to achieve this goal.” Today, barely one year into its journey, Heritage Bank has delivered on all these promises made at the outset.
XVI Monday, March 10, 2014
THE GUARDIAN www.ngrguardiannews.com