November 24, 2014

Nigeria’s widest circulating newspaper

Hoodlums attack Ibadan residents NEWS Page 7

•Shops, Houses, cars torched

News NBA faults Ekiti PDP lawmakers P7 Sports Martins’ goal among MLS’s best P41 Business Fed Govt misses 5,000mw target P4 •www.thenationonlineng.net

VOL. 9, NO. 3042 MONDAY, NOVEMBER 24, 2014

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

The Nation wins DAME Newspaper of the Year •Omotoso is Editor of the Year

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By Kunle Akinrinade, Chief Correspondent

HE verdict was out again last night: The Nation is the best and the “dame” of the industry.

The Nation, “Nigeria’s widest circulating newspaper”, emerged the Newspaper of the Year at the 23rd Diamond Awards for Media Excellence (DAME).

Continued on page 4

•Omotoso

•Omatseye

•Oladesu

•Ololade

•Jibueze

•Akioye

•INSIDE: REPS MAY NOT RESUME DEC. 3 P5 MOBILE TELEPHONE BANNED IN PRISONS P6

Anger over security men’s raid on APC’s data centre Lawyers, others: it’s against rule of law Navy ‘not involved’

From Yusuf Alli, Gbade Ogunwale, Abuja, Precious Igbonwelundu and Oziegbe Okoeki

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HERE was outrage yesterday over weekend’s raid on the All Progressives Congress (APC) Data Centre in Ikeja, Lagos by Department of State Security (DSS) operatives.

The DSS-led team, including men in military uniform, smashed its way into the opposition party’s data office, took away some of the computers being used for membership data collation and arrested 28 people, 25 of who were freed yesterday.

Three of those arrested – Messrs Chinedu Auche, Olaposi Fayemi – computer operators and Chika an IT support worker – were still in custody of securitymen as at press time last night.

The Navy yesterday denied any role in the invasion.

A statement on behalf of the Flag Officer Commanding (FOC) Western Naval Command (WNC), Rear Admiral Sanmi Alade, by information officer Lt.-Commander Abdusallam Sanni, reiterated the Navy’s neutrality in political issues.

It said: “The Nigerian Navy is a non-partisan organisation and does not meddle in politics. The Navy has not deployed any of its

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Continued on page 4

WILL THE CHIBOK GIRLS KIDNAPPED ON APRIL 15 EVER RETURN?

•Enyimba FC (Aba) players celebrating with the Federation Cup they won after beating Dolphins of Port Harcourt 2-1 at the Teslim Balogun Stadium in Lagos...yesterday

Enyimba wins Federation Cup in Lagos

STORY ON PAGE 63

Sultan asks Fed Govt to wake up as Boko Haram kills 48 traders JNI blames seizure of territories on troubled military

STORY ON PAGE 4

•POLITICS P17 •SPORTS P24 •CEO P37 •JOBS P35 •MOTORING P39 •FOREIGN P55

THE NATION MONDAY, NOVEMBER 24, 2014

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NEWS

Discordant tu

•From left: Oba Adetunji Tijani Akinloye; Oba Idowu Abilodun Oniru; former Lagos State Governor Asiwaju Bola Ahmed Tinubu; Sheikh Faruq Onikijipa; Oba Saridi Ademola Elegushi, at the fifth year memorial prayer for late Oba Yekini Adeniyi Elegushi, at Elegushi Palace, Eti-Osa, Lagos.

National Agency for Food, Drug Administration and Control (NAFDAC) workers have embarked on an indefinite strike, which has unearthed issues that may reverse the agency’s achievements, if not resolved, writes SINA FADARE

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• From left: Clinic Governance Lead, Shell Petroleum Development Company (SPDC), Dr. Rita Akintola; Communications Manager, West Africa, SPDC, Dr. Philip Mshelbila; Zonal Commander, FRSC, Lagos, Mr. Godwin Ogagaoghene; Nigerian Red Cross Society Trainer, Mr. Simeon Nwaubani; and an official of the Lagos State Emergency Management Agency, Mr. Gbadebo Kazeem, at the NNPC-SNEPCO National Post-Crash Care Workshop for rescue and emergency workers in Lagos.

•From left: Group Head, Corporate Banking, Kano, First Bank Plc. Aishat Bello; Deputy Country Head, Deutsche Bank Mrs. Adeola Azeez; Executive Director, Ivory Banking, Heritage Banking Limited Mrs. Mary Akpobome; Deputy Governor, Economic Policy, Central Bank of Nigeria Mrs. Sarah Alade; Managing Director, Standard Chartered Bank Mrs. Bola Adesola, and Executive Director, Citibank Mrs. Nneka Enwereji, during the First Female Bankers' Conference in Lagos.

HE serene environment at the premises of National Agency for Food, Drug Administration and Control (NAFDAC) at Oshodi, Lagos, came to life on November 6. It was the day the agency’s workers carried out their threat to down tools.

The workers, who arrived at the premises as early as 7am, carried placards with inscriptions such as “NAFDAC leaders have failed Nigerians’, “Admin is corrupt”, “Implement skipping”, “We have suffered enough”, “Implement our promotions”, among others.

Their leader, Comrade Stephen Ibe, who is the Area Council Chairman of the Medical and Health Workers Union of Nigeria (MHWUN), said his members gave the agency’s management a sufficient time to address all grievances.

But Ibe added that NAFDAC officials pretended as if nothing was at stake.

He explained that despite attempts to ensure that the crisis was resolved amicably, “NAFDAC’s Director General, Dr. Paul Ohirii, bluntly refused to listen.”

According to him, the union had no “other choice, but to padlock the premises of the organisation to all transactions throughout the federation, including the seaports and airports.”

“It is now or never. We have had series of meetings with all the stakeholders since March, last year, but to no avail. Therefore, the union has no choice than to declare an indefinite strike until our expectations are met,” he stressed.

Concerns mount However, for an agency with the critical mandate of regulating and controlling the manufacture, importation, exportation, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, chemicals and packaged water, industry watchers feared that the workers’ action might reverse the gains recorded by the agency.

A source said the industrial action might “give agents of deaths the leeway to operate, even within the short period of the strike.”

An operator in the pharmaceutical industry, who craved anonymity, said makers of fake products were outwitting NAFDAC officers when the agency’s workers were not on strike, pleading for early resolution of the crisis.

•From left: Managing Director/Chief Executive Officer, The Biostadt Company Dr. Emmanuel Ajayi; Executive Secretary, Equipment Leasing Association of Nigeria (ELAN)Andrew Efuhievwe; and Chairman, ELAN Chuka Onwuchekwa, at the 12th National Lease Conference organised by ELAN in Lagos.

PHOTO: SOLOMON ADEOLA

The Genesis

Ibe noted that the workers would

•The protesting workers

return to work, if their grievances are resolved.

The issues at stake, he said, included the upward review of Job Specific Allowances by National Salaries, Incomes and Wages and the immediate implementation of Skipping of CONRAISS by NAFDAC management as directed by a circular, HCSF/EPO/EIR/63755/T1/ 192, dated November 4, 2014. He said the circular was issued following a judgment of the National Industrial Court’s in favour of JOHESU. Others are implementation of all outstanding promotion’s arrears from 2012 to 2014, full payment of 13th month allowances and eight months pension arrears from May to December, 2012 for 2012 set of NAFDAC’s employees. The workers also asked NAFDAC’s management to account for Good Manufacturing Practice (GMPS) fund.

The Nation gathered that the crisis in the agency started last December, when the union allegedly advised the management not to spend about N25 million on an end of the year party, “since some of our allowances were not yet paid.” But their pleas were reportedly ignored, as the management went ahead to organise the Christmas party, which the union directed its members to boycott.

Another bone of contention was the issue of 13th month allowances, which the agency started paying under the tenure of the former Director-General, Prof. Dora Akunyili.

She reportedly introduced the package to motivate the workers since most of them were sometimes called to duty at odd hours.

But instead of paying the money in full, the union said it was staggered. Before the industrial action started, majority of the workers were yet to be paid, the union alleged.

Besides, the MHWUN’s leader also accused the agency’s director general of being insensitive to the welfare of his members. He claimed that NAFDAC’s officials were being paid on Research and Allied Institute Salary Structure (CONRISS), instead of the Consolidated Health Salary Structure (CONHESS).

The former salary structure is for researchers, while the latter is for health workers - the category which NAFDAC employees claimed they belong. The CONHESS salary structure, the workers insisted, was adopted under the late Dr. Akunyili’s tenure.

The union argued that by adopting CONRISS, they were being un-

THE NATION MONDAY, NOVEMBER 24, 2014

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NEWS

nt tunes in NAFDAC as workers go on strike

•Some of the Peogeot 508 bought for the agency’s directors

derpaid between N20,000 to N80, 000, depending on each worker’s grade level and step.

At a meeting with the management on January 13, last year, at the agency’s corporate headquarters in Abuja, the union presented a ninepage document that summarised all the workers’ grievances. In the document, the union frowned at the agency’s failure to pay the first 28 days allowances for newly employed workers, a situation they said started in 2009 and ended in 2012. The union also harped against “selective staff training to favour some workers while others were neglected.”

They also complained that local and international workshops, seminars and conferences were not “being distributed on nominal roll and there is no fair share in attendance.”

Other issues raised included poor handling of staff claims, which the workers said “have been reduced to whom you know and which button you can press before you get what belongs to you.”

The union also frowned at the way the GMP was being spent. The fund, according to investigation, is a consolidated funds paid by all the manufacturers outside the country into the purse of the agency to monitor their operational practice. It was alleged that those benefitting from such funds were only those who were “closed to the management.”

However, the bone of contention, according to the union, was that the agreements reached with the management on July 8, were not implemented. The union is demanding that the agency’s management should effect the payment of out-

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standing 75 per cent 2013 productivity allowances as well as pay the official first 28 days to 2009 to 2012 set of workers affected. They asked for the return of skipping allowances, conversion and upgrading of Higher National Diploma (HND) and Master Degree holders.

On skipping, the workers said their colleagues, who were entitled “to move from Level 10 to 12 by skipping Level 11,” were not considered.

Besides, the union also alleged that the activities of the agency’s Director of Administration & Human Resources were against the workers’ welfare.

The Chairman of NAFDAC’s branch of MHWUN, Comrade Ibrahim Isah, in a chat with The Nation, said the director was responsible for the failure to implement the “skipping policy.” He also alleged that the admin chief also refused to communicate the verdict of the industrial tribunal to the Salary and Wages Commission “with the aim of frustrating the workers’ effort.”

“She also changed the workers’ salary structure from CONHESS to CONRISS , refused to promote those recommended for automatic promotion by the DG and failed to facilitate the payment of 2012/13 promotion arrears,” Isah alleged.

NAFDAC’s defence But Dr. Ohrii, while reacting to the accusations levelled against the agency, threatened to “cure the cause of the strike” by stopping all training programmes for NAFDAC workers. He explained that the unpaid allowances emanated from claims from travels for trainings.

•Ibe

He said NAFDAC, under his leadership, had built the capacity of its workers through local and foreign trainings, more than under any other former director general.

“Unfortunately, that has become one of my flaws, because sometimes I over-approved this training opportunities and when workers come back, there is usually no enough money to meet their claims immediately. Maybe, the workers have abused this privilege,” he said.

He added: “I can just cancel all training opportunities, both within

•Orhii

and outside the country. It is not those who have not travelled or benefitted from such trainings that are calling for strike. Rather, it is those who have travelled that are laying hold to claims and unpaid allowances.”

However, a senior worker, who also spoke to The Nation on condition of anonymity, accused “some poor advisers surrounding the DG of mis-leading into taking decisions that would ridicule his competence, when compared with the situation of things before Ohrii joined the organisation.”

The source argued: “How can a DG, who has been claiming that there is no fund to upset the workers’ allowances, bought 20 new Peugeot 508 at the cost of about N200 million for majority of the directors, who are mostly due for retirement in the next two years? If the agency, on a monthly basis, can be generating about N700 million and could not pay the staff allowances, then something is fundamentally wrong.

“Take for instance, the GMP allowance. This is a payment that drug manufacturers outside the country are paying for inspection; this is not NAFDAC money. The GMP has accrued to millions of naira over the years. Why is it difficult for the management to pay the allowances of those they are sending out for inspections? Why is it that some workers are using their personal money to embark on the trips? Where did they get such money? These are the salient issues, which the DG should address.”

But debunking the allegations, the agency’s Director of Special Duties,

Alhaji Abubakar Jimoh, who spoke to The Nation on phone, said the DG has a comprehensive welfare package, which he intended to unfold before the workers embarked on the strike.

According to him, the issue of allowances had two dimensions - the internal and the external. Jimoh explained that the internal dimension, which was within the purview of the management, was being attended to.

He added that the external angle, dealing with the Salary and Wages Commission, “will soon be sorted out since the commission only require little time to update the records.”

Jimoh explained that the workers’ action was unpatriotic, insisting that the DG had achieved a lot that ought to be celebrated.

On the issue of the new 20 Peugeot 508 bought by the DG for some directors, Jimoh noted that some of the vehicles that the majority of the directors were using were old and no longer motorable for the tedious job they do.

“This accounted for the procurement of new ones to achieve the desired goals and objective of the agency,” he said.

He appealed to the striking workers to make patriotism their maxim, “so that we can collectively bail out the country from drug and food counterfeiters.”

The way out But the workers insisted yesterday that all the issues they “raised must be tackled and implemented to the letter” before they would resume work.

Striking workers vow to shun promotion interviews

TRIKING workers of National Agency for Food and Drug Administration and Control (NAFDAC) yesterday said they would shun the promotion interviews scheduled for December 4 and 8, until the Federal Government and the agency accede to their demands.

The workers, under the umbrella of the Medical and Health Workers Union of Nigeria (MHWUN), started an indefinite about two weeks ago to demand for better welfare.

They are asking the agency to revert to the Consolidated Health Salary Structure (CONHESS) from Consolidated Research Institute Salary Structure (CONRISS) and payment of productivity allowance known as 13th month salary, among others.

The union alleged that NAFDAC wanted to coerce the workers into suspending the strike by asking them to come for promotion interviews

By Wale Adepoju

without addressing their grievances.

Chairman, Federal Area, MHWU, Comrade Stephen Ibe, frowned at the strategy employed by the agency to make the workers suspend the strike.

He said the union would only be opened to dialogue that would ensure that internal and external problems affecting its members are addressed.

Ibe said NAFDAC should address the problems in totality rather than treating one and ignoring the others.

According to him, calling workers on the phone to attend interviews would not solve the problems.

The union leader said the workers have been directed to ignore the agency’s call, “because it is a plot to distabilise the strike.”

He said workers would not accept CONRISS, which he noted negates the principle of collective

bargaining, adding that the management should revert to CONHESS. “The workers were on CONHESS before the agency introduce CONRISS, which has affected their pay adversely. They should put them back on the right structure, which is CONHESS,” he said.

He urged NAFDAC to issue circulars to restore workers’ rights and benefits, adding that the agency must also engage them in constructive dialogue.

Chairman, MHWUN NAFDAC branch, Mr. Ibrahim Isah, said the workers were opened to meaningful dialogue over the issues.

“We have discovered that the agency did not want to have a discussion with the union on the problems,” he said.

He berated the agency’s plan to recall

workers by calling them for promotion interviews, stressing that this would not end the strike.

Secretary, MHWUN NAFDAC branch, Mr. Anzaku Peters, said: “The decay in the agency must be flushed out”, insisting that workers were hitherto enjoying many benefits before they were stopped.

Peters said the Director-General of Dr. Paul Orhii received his salary on the 28th day when he was appointed as DG in 2009, adding that other workers employed in the same year were not paid.

He said skipping of CONHESS 10 should be implemented as the law recommended in the civil service.

“We already got judgment of the Industrial Court on this, yet nothing has been done,” he added.

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THE NATION MONDAY, NOVEMBER 24, 2014

NEWS

•Oba of Lagos Rilwan Akiolu, his Oloris and Chiefs during a reception for Senator Oluremi Tinubu (seated fourth right)...yesterday. Members of her team include (standing left) Chief Abba Folawiyo, Mr. Wale Edun (third left standing) and others.

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Boko Haram kills 48 fish vendors in Borno

O fewer than 48 fish vendors have been killed by Boko Haram gunmen near Nigeria’s border with Chad in Borno State, it was learnt yesterday.

News of the killings came as the Sultan of Sokoto criticised the Federal Government’s handling of the insurgency in the Northeast.

He wondered why soldiers were dropping their guns and made some suggestions to resolve the violence, which has claimed thousands of lives.

The head of the fish traders association told French News Agency (AFP) yesterday: “Scores of Boko Haram fighters blocked a route linking Nigeria with Chad near the fishing village of Doron Baga on the shores of

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Lake Chadon Thursday and killed a group of 48 fish traders on their way to Chad to buy fish,” Abubakar Gamandi said.

He said the insurgents set up a barricade at Dogon Fili, 15 kilometres (nine miles) from Doron Baga, and stopped a convoy of fish vendors around midday, slaughtering some of them and drowning others in the lake.

“The Boko Haram gunmen slit the throats of some of the men and tied the hands and legs of the others before throwing them into the lake to drown,” Gamandi told AFP by telephone from Maiduguri, the Borno State capital.

Doron Baga, 180 kilometres from Maiduguri, is the base of the Multi-National Joint Task Force (MNJTF), comprising

troops from Nigeria, Chad and Niger fighting the Islamist group.

The MNJTF was formed in 1998 to fight trans-border crime but its mandate was expanded to tame the Boko Haram insurgency in the volatile region.

Gamandi claimed the assailants killed all of their victims without using their guns.

“The attackers killed their victims silently without the use of the gun to avoid attracting attention from the multi-national troops,” Gamandi said.

A military officer in Maiduguri confirmed the attack but said details were sketchy.

“We heard of the attack near Doron Baga but we don’t have any details because the area falls under the operational ju-

Fed Govt misses 5,000mw target

risdiction of the MNJTF,” the military officer said.

According to another version of the report by the Associated Press (AP), Fisherman Usman Abubakar said the suspected Islamic militants drove into the town of Doron Baga and shot people on sight. He said he counted 60 bodies.

Security officials have not yet responded to questions about the attack. Gideon Jubrin, spokesman for the Borno state police, said he had not received any official confirmation of the attack.

News of the attack was slow to emerge due to the destruction of mobile phone towers in the area by Boko Haram in previous attacks.

Incessant Boko Haram attacks Continued on page 63

Sultan seeks end to insurgency

HE Sultan of Sokoto and President General of Jama’atu Nasril Islam (JNI), Alhaji Muhammad Sa’ad Abubakar, has blamed the military for allowing Boko Haram to seize Nigerian territories.

He called on the Federal Government to stop the killings in the Northeast.

The Sultan, a retired Brig.

Gen. was addressing a press conference in Kaduna yesterday on behalf of JNI. He said the repeated attacks, particularly the taking over of towns and villages by the insurgents, portended danger to Nigeria.

Represented by the Secretary General of JNI, Dr. Khalid Abubakar Aliyu, the Nigerian

From Abdulgafar Alabelewe, Kaduna

Muslims leader said: “Nigeria’s sovereignty has been threatened as a so-called ‘Islamic Caliphate’ has been carved out of her by the insurgents. An unfortunate, worrisome and embarrassing dimension has recently been added to the scenarios - that of the way soldiers take to their heels and abandon their bases, arms, ammunition and other military hardware on the approach of the insurgents.

“It is also sad and an unfortunate fact that Nigerian security forces only surface after the deadly attacks and terrorise an already terrorised people by installing road blocks and search-

ing homes and business premises.

“JNI condemns these heinous attacks in the strongest terms and, once again, calls on the Federal Government, with the loudest voice, to wake up to its fundamental and obligatory responsibility of protecting lives and property of Nigerians; especially in the Northeast where the insurgency is most endemic. The government should act fast and stop wallowing in diatribe, as human lives are sacred and must be seen to be treated as so.

“Of particular concern are the brutal murder of young children in their school premises in Potiskum on 11th November and the murder of a prominent Mus-

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HE Federal Government may have failed to meet its target of generating 5,000mw of electricity by year end.

Barely 37 days to end the year, the government is generating only 3,750.73megawatts.

It is unable to fully distribute all of it as 79mw is “stranded”.

Reason? The Transmission Company of Nigeria (TCN) cannot wheel it to the energy distribution companies.

The Federal Government on August 2 reduced its former target of producing 6,000MW by December to 5,000MW. It also announced an increase in gas prices.

Minister of Petroleum Resources Mrs. Diezani AlisonMadueke, who announced the target, also noted that the Central Bank of Nigeria (CBN) would pay the N25 billion owed to gas suppliers.

Figures from the Federal Min-

From John Ofikhenua, Abuja

istry of Power as at November 19 were a far cry from the target.

The ministry noted that of the 3,750.73MW generated , 79MW was “stranded”.

Following the statistics, the peak power generation in the electricity market as at November 19 was 3,958.1 MW. Peak demand forecast was 12,800MW. The data also maintained that the highest peak power generation ever recorded by the Nigeria Electricity Supply Industry is 4,517.6 MW on December 23, 2013.

The TCN, which evacuates power from the generation company to the distribution companies, seems to have maintained less than 3,700MW capacity, although it claims to have 6,000MW capacity.

Continued on page 63

The Nation is Newspaper of the Year Continued from page 1

•Sultan Abubakar

lim scholar and his associates in Nafada Town on Tuesday 4th November.

“It is indeed alarming that in a matter of only two weeks, eight Continued on page 60

The organiser said: “In emerging The Newspaper of the Year for the first time at DAME, The Nation put up an impressive fight, elbowing out The Punch in a close finish. The Nation won five DAMEs in Informed Commentary, Development Reporting, Health Reporting, Political Reporting, and Judicial Reporting. She also came second in six categories, namely Informed Commentary, Development Reporting, Child Friendly Reporting, Business Reporting, Editorial Writing, and Press Investigative Reporter of the year.

“Finally, she also recorded two third place positions in Press Investigative Reporter of the year award and Development Reporting. Established in 2006. The Nation has gradually emerged as a paper of record, parading some of the most enterprising reporters and columnists in the land. Guided by its Editor-in-Chief and Managing Director Victor Ifijeh and the Editor, Gbenga Omotoso, and Sam Omatseye, its chairman of the Editorial Board, and a host of other key officers, The Nation is truly one of Nigeria’s leading Continued on page 60

Anger over security men’s raid on APC’s data centre

Continued from page 1

personnel to any political party’s office.

“However, we have commenced investigation and the video footage alleged is being carefully studied to ascertain those behind the said incident.

”I want to assure you that the Nigerian Navy has zero tolerance for indiscipline and unruly behaviours to the general public. If confirmed that Nigerian Navy personnel are involved in this undesirable behaviours they will be sanctioned and appropriate punishment will be awarded.”

DSS spokesperson Ms. Marilyn Ogar, in an sms yesterday, said a petition alleged that the Independent National Electoral Commission’s permanent voter’s cards were being cloned at the outfit.

According to Ogar, the petition alleged that the “cloning” of the cards was with the intention of hacking into INEC’s data

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Security action is slap on democracy, say lawyers

RUDITE lawyers yesterday condemned last Saturday’s invasion of the All Progressives Congress (APC) data centre in Lagos by the Directorate of State Security Services(DSS), operatives of anti-crime squad, OP-MESA and soldiers, describing it as a slap on the rule of law and democracy.

They said it was not only unlawful but also not in the interest of the nation and the government and that it was an act capable of throwing the country into anarchy.

The lawyers include former President of the Nigerian Bar Association, Rotimi Akeredolu (SAN), Yusuf Alli(SAN), activist and former NBA Ikeja chairman, Monday Ubani, social commentator and law teacher Wahab Shittu, Ogun State Judicial Commission member Abayomi Omoyinmi , NBA, Ikeja Branch

base, corrupting it and replacing them with the “cloned” data.

The statement said in part: “A petition was received by this Service about some activities at No. 10, Bola Ajibola Street, Allen Avenue, Ikeja, Lagos.

“Based on this information, the Service placed the building under surveillance; and having

By Adebisi Onanuga Chairman Yinka Farounbi and Lagos lawyer Olukayode Enitan.

They all urged the APC to seek redress in the court of law.

Said Akeredolu: “It is an indication of our descent into anarchy. Whether we like it or not,Jonathan is showing how tyrannical he could become because of his quest for power.

Apparently, it is a slap on opposition and attack on democracy.

“Nigerians owe it a duty to let him know that he cannot because of his ambition destroy democracy that has taken the toil, sweat and blood of Nigerians to build. He was never a party to the struggle for democracy. He does not know the price people paid for it. So, he should not set us 50 years back because of his

been convinced that some unwholesome activities were going on in the building, it undertook a raid of the premises.

“In the process, some persons were arrested while a server, three hard drives, and 31 Ghana must go bags of hard copy documents were recovered and taken away for further investiga-

inordinate ambition”, he said.

Ubani described the invasion as “a very barbaric, unlawful and not in the interest of the nation and the present government”.

“With the level of vandalisation and destruction of the office equipment and records, the security agents have much explanation to do to justify their motives in this matter.

“The DSS needs to justify their reason for the dastardly invasion of APC office in Lagos. If, according to them, they are looking for cloned permanent voter cards, does the data of APC constitute the cloned cards? If they are there to carry out an investigation based upon a petition as alleged, the manner and procedure for carrying out such investigation must strictly comply with law and logic. From

tion.

“It must be noted that the said location had no sign post indicating whether it was a private or government office.”

The Conference of Nigerian Political Parties (CNPP) said the recurring clampdown on the opposition or those with dissenting views has lent credence to

Continued on page 63

the allegation of ex-President Olusegun Obasanjo that a killer squad was being put in place in the country.

In a statement by its National Publicity Secretary, Mr. Osita Okechukwu, the CNPP asked President Goodluck Jonathan to save the nation’s democracy.

The statement said: “The Con-

ference of Nigerian Political Parties (CNPP ) calls on the Nigeria Police Force (NPF) and the Department of Security Service (DSS) to Save Our Democracy.

“We are making this clarion call based on our understanding that the NPF, DSS and indeed state security agencies, be it the Army, Navy, Air Force, Road Safety, Civil Defence, as a whole are veritable institutions of democracy; without which no democracy can survive.

“Which means that no democracy can survive without security agencies, devoted patriotically to promote, protect and defend the rule of law; we are therefore at a loss of how the Inspector General of Police and the Director General of Department of Security Service are violently descending into the political arena.

Continued on page 60

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THE NATION MONDAY NOVEMBER 24, 2014

NEWS

Nigeria sliding from democracy to diarchy, says Amaechi R

IVERS State Governor Rotimi Amaechi has said the invasion of the National Assembly by the police indicated that the nation was sliding from democracy to diarchy.

He also said if the Peoples Democratic Party( PDP) rigs next year’s elections, the All Progressives Congress (APC) will resist it.

The governor said it would be difficult to convince Nigerians that the insurgency in the Northeast was not political.

He said he suspected that the Boko Haram insurgency was being promoted in the Northeast to deny APC of votes in its stronghold.

Amaechi spoke in Abuja on a KISS FM programme, “Cross Talk”, against the backdrop of the invasion of the National Assembly by the police on Thursday.

He said: “We don’t have democracy in Nigeria yet.

What we have is diarchy. We

From: Yusuf Alli, Abuja

don’t have a democracy. Diarchy is dictatorship.

“The Federal Government has appropriated the police as its personal property. It has taken over the police.

“See the way the police took over the National Assembly. By law, the police have no power to invade the National Assembly and they have no power to stop the Speaker from going in or out.

But they don’t obey law.”

The governor said the Federal Government ought to learn from South Africa on how the police could operate in a democracy.

He added: “Are you aware that the President of South Africa is being probed by the police? Can that happen here? “ In this country, they slapped judges, seven members of a state (Ekiti) house of assembly claimed they have sacked a speaker.”

On next year’s poll, the governor said the only way to avoid a parallel government was for the administration of President Goodluck Jonathan to ensure a free and fair election.

He said: “What is the essence of going to court when the Federal Government don’t obey the law. That’s why the APC says we won’t go to court any longer.

“If you rig us out, we will rig ourselves in. Which means if you think you can rig us out in 2015, we will form our own government.

We have met on that and we have agreed on that. We will install our own government and there will be two governments.

“The only way to avoid a parallel government is to have a free and fair election.

You can’t continue to use the police as if it is a private agency or company of the government.”

Answering a question, the governor said the increasing Boko Haram insurgency might be a ploy to deny the APC of votes from its stronghold.

He said: “The Federal Government deliberately allowed the Boko Haram to overrun many villages in the Northeast. If it is not a political agenda, why would the military not be able to chase away the rag-tag army of Boko Haram?

“Nigerians know the capability of their soldiers, who went to Liberia and liberate the country from the hands of the rebels, only for them to be having problems dislodging rag-tag insurgents in the country. There must be something wrong somewhere.

“They don’t want election to hold in the zone. If there is no election in the Northeast, they believe that the APC will lose.

INEC to engage Air Force, Navy for elections

T •Amaechi

“If they are not afraid of the APC, let them restore law and order. The zone is in the hands of the APC. Borno, Bauchi, Gombe, Adamawa and Yobe. The only state where it could be 50:50 is maybe Taraba State. Apart from this, other states in the zone have always voted for Buhari.”

Concerning his relationship with President Goodluck Jonathan, he said: “I have no quarrel with the President, I have no personal problem with him. If governance can be separated from the President, he remains a good man.”

•Oyo State Governor Abiola Ajimobi (middle), wife of the Lagos State Governor, Mrs. Abimbola Fashola and Secretary to the Oyo State Government, Mr. Olalekan Ali, at the grand finale of the Ibadan Week, organised by the Central Council of Ibadan Indigenes (CCII)... at the weekend.

I

House to shift resumption date

NDICATIONS emerged last night that the December 3 resumption date of the House of Representatives may not materialise after all.

The new resumption date, which is yet to be disclosed, was fixed for after the primaries of the parties.

The reason, according to a House of Representatives source, is to allow members participate in the primaries.

He said: “For instance, the Speaker, Aminu Tambuwal and some of our colleagues are contesting the governorship on the platform of the All Progressives Congress (APC) and the primary election is to hold on December 4.

“So, how can they come here and start going back to their states?

“Mind you, they have to campaign and that period is the height of campaigns, so we may not resume till late December.”

On the harassment of lawmakers by the police, the source, who pleaded anonymity, said as lawmakers, members of the House would not allow themselves to be railroaded into breaking the law.

He cited the readiness of the Speaker to subject himself to police questioning, adding that

From: Victor Oluwasegun and Dele Anofi, Abuja

the postponement was not out of fear of the Speaker being arrested or impeached.

“Tambuwal has told the whole world that he is ready for arrest, so that can’t be an issue at all.

“We have uncovered a plot to force us (lawmakers) to act irresponsibly and outside the law, but we are resolved that no amount of blackmail or intimi-

dation will push us to betray the confidence Nigerians repose in us.

“We were between the devil and the deep blue sea and we just had to do the needful.

“The plan was to use a few members and impeach the Speaker, so we had no option but to do the unexpected and stall the plan.

“We have to defend and preserve this democracy and that is exactly what we did,” he added.

Don urges indigenes to sustain founding fathers’ legacies

A

DON, Prof. Wale Oyemakinde, has urged Ibadan indigenes to sustain what he described as ‘the great legacy of excellence’ of the ancient city’s founding fathers.

He spoke while delivering a lecture titled:” Sustaining Excellence” at the Annual Ibadan Festival 2014 Conference organised

by Jericho Business Club (JBC), in collaboration with Central Council of Ibadan Indigenes (CCII). It was held at the Civic Centre, Ibadan.

According to the Professor of Economics History, “excellence is our portion in Ibadan. We inher-

From Tayo Johnson, Ibadan

ited it and it has prospered in our hands. Its sustenance is our mandate, which we must not fail.

“The founders of Ibadan were no mean men. They were formidable personalities who overcame unfolding challenges as they established themselves firmly in the land and took charge of their affairs as circumstances demanded.

“In governing themselves, they designed, over time, a rancour and acrimony-free royal succession scheme that facilitated smooth transition from regime to regime.

HE Independent National Electoral Commission (INEC) said it would engage the services of the Air Force, Navy and other security agencies for security during the general elections.

The commission’s Resident Electoral Commissioner (REC) in Taraba State, Mr. Austin Okojie, spoke yesterday when addressing Batch B corps members at the National Youth Service Corps (NYSC) Orientation Camp in Jalingo, the state capital.

He said the move was necessary given the level of insecurity.

“The commission is making arrangements with the Air Force, Navy and other security agents to ensure safety of lives and property during the elections.

Constitution review: People’s interest ‘ll drive action, say Speakers From Eric Ikhilae, Abuja

S

PEAKERS of the 36 Houses of Assembly said yesterday that they would not serve as mere rubber stamp in the effort to amend the constitution.

They assured that they would work to ensure that the constitution review process met the expectation of the people.

The lawmakers said they will ensure that public interest drives their ratification of the resolutions of the National Assembly in the constitution review exercise.

The Speakers’ position was made public at the weekend in Abuja by the Chairman, Conference of Speakers of State Legislatures of Nigeria (CSSLN), Sam Ikon.

He spoke at an interactive session of the Civil Society Organisations (CSOs) and Speakers of Houses of Assembly on the Constitution Amendment Bill awaiting passage, organised by a group, the Policy and Legal Advocacy Centre (PLAC).

Vital documents in suit on Jonathan’s eligibility stolen

A

LAWYER involved in the prosecution of a case challenging President Goodluck Jonathan’s eligibility in next year’s election, Wahab Olatoye, has said the vital documents needed to prosecute the case have been stolen.

He said some men broke into his office in Abuja last Friday and stole “most of the files containing documents to be used in the eligibility suit and other vital documents.”

Olatoye and Adejumo Ajagbe filed the suit before the Federal High Court, Abuja seeking an order restraining the Independent National Electoral Commission (INEC) and the Attorney- General of the Federation (AGF) from allowing Jonathan and Vice President Namadi Sambo to seek reelection next year.

Olatoye said his office at Suite 33, Manga Plaza, Garki Area 11 was burgled on Friday night and vital documents he was using to pur-

From Eric Ikhilae, Abuja

sue his case against the President and other vital documents were taken away.

He said he had reported the incident at the Garki Police station.

“It is really a great surprise to me, when I was called on Saturday morning that my office had been burgled by yet- to-be identified persons. It was my office alone that was burgled of the offices in the plaza. The thieves came in through the ceiling and ransacked the files.

“Although, they made away with the money I left in the office, they also stole documents, especially the ones I am using in pursuing my case against the eligibility of President Jonathan to contest the election.

“As a plaintiff in the matter and a lawyer, there are some documents I need to hand over to my lawyers, which I kept in the office. My computers were also destroyed, the office safe was

damaged.

“The matter has been reported at the FCDA Police Station in Garki. The police have promised to come on Monday morning for further investigation”, Olatoye said.

Olatoye and Ajagbe are contending that by the virtue of provisions of sections 132(1), 135(2)(a) and (b), 137(1)(b), 142(1) and (2) of the constitution, the President and the Vice President elected in the same election and sworn into office on the same date were taken to have been elected for one term of four years.

The plaintiffs also contended that by the virtue of the oaths taken by Jonathan and Sambo following the death of President Umaru Yar’adua in 2010 and their subsequent re-election in 2011, both of them were deemed to have completed the two terms allowed by law.

Justice Ahmed Mohammed has fixed December 1 for hearing in the suit.

6

THE NATION MONDAY NOVEMBER 24, 2014

NEWS

UN Security Council urged to call police to order A

KURE lawyer and activist Mr. Charles Titiloye has urged the United Nations Security Council (UNSC) to pass a resolution condemning the attack and siege to the National Assembly by the police and security agents.

He described it as an assault on liberty, freedom and democracy.

Titiloye said while lawmakers were being attacked by the police with teargas at the National Assembly in Abuja, the police backed seven Peoples Democratic Party (PDP) legislators in Ekiti State in a desperate, unconstitutional manner to take over the House of Assembly.

From Damisi Ojo, Akure

He described the development as the return of despotism, tyranny and subversion of the rule of law and constitution.

The lawyer noted that Nigeria, as a democratic nation, which subscribed to the United Nations Universal Declaration of Human Rights, African Charter on Human and Peoples Right, could not depart from the provisions of international human rights laws and sponsor through the police open attack on lawmakers and constitutionalism.

He said with the police-

backed attack on courts in Ekiti, the Judiciary had gone on holidays, “as Ekiti State Governor Ayodele Fayose is in charge of the executive and legislative arms.”

Titiloye said the UN Security Council could not watch anarchy take over the country, as a breakdown of law and order in Nigeria would spell doom for Africa.

He described the use of teargas by the police to attack the Speaker of House of Representatives and other lawmakers as a human rights abuse of Nigerians performing their legitimate functions.

Jail break: Govt bans telephone usage, indecent dressing

T

HE Federal Government has banned the use of telephones in prisons.

It has also barred indecent dressing.

It said henceforth, no inmate or official would be allowed access to telephones.

The Minister of Interior, Comrade Abba Moro, broke

•Gives 30-day ultimatum to recover phones From: Gbenga Omokhunu, Abuja

the news at the weekend in Abuja at a meeting with the senior officers of the Nigeria Prisons Service (NPS).

His words: “I have visited

some prisons. Nobody, no matter how highly placed, will be allowed to enter the prison with his phone, not even the minister of Interior.

“You have one month to recover the phones in inmates’ possession.”

Army to provide environment conducive for officers

T

HE Nigeria Army said it would provide its officers and men with an environment conducive for working.

The General Officer Commanding 2 Division of the Nigeria Army, Maj.-Gen. Emmanuel Abejirin, spoke yesterday while inaugurating the rehabilitated facilities at the 4 Brigade of the Army in Benin.

He said the military authorities were not ignorant of the importance of infra-

structure in boosting the morale and professionalism of the officers and men.

Abejirin hailed the leadership of the Brigade in providing basic infrastructure to its troops.

The facilities inaugurated included office accommodation, mechanic workshop and houses.

Also inaugurated were refurbished three blocks of 10 classrooms at the Command Children School, Benin.

The Commander, 4 Bri-

gade, Brig.-Gen. Okwudili Azinta, said the rehabilitated classrooms would boost enrolment in school and widen access to education for the children of officers and men.

He said the projects were undertaken to improve accommodation and other infrastructural needs of the command.

Brig.-Gen. Azinta urged the soldiers and other beneficiaries of the projects to make best use of them.

Nigerians urged not to forget culture Surveyors seek

T

HE President of the Association of African Traditional Religion, Nigeria and Overseas (AATREN), Chief Ifasegun Elegushi, has urged Nigerians not to forget their culture, saying “it is the bedrock of our existence”.

Elegushi, addressing reporters at the 5th anniversary of the death of Oba Yekini Adeniyi Elegushi, said for a society to develop and for peace to reign, the people should promote their culture.

The AATREN President, the Opemoluwa of Ikate land, enjoined government to recognise traditional worshippers so that they could use their resources and God-given talents to eradicate

the calamities befalling the country.

The Director, Lagos State Arts and Culture, Mrs. Olaitan Odulana, said culture should not be forgotten if development was to take place.

She said it was a guide to bring fortune and prevent calamities.

Mrs. Odulana added: “I wonder how such an important element in the society can be forgotten.”

One of the highlights of the ceremony, which was organised and attended by the Indigene Faith of Africa, Ijo Orunmila, at the Elegushi compound, Ikate, Lagos was a prayer for the departed monarch, his family, Lagos State and Nigeria.

Oil subsidy is biggest platform for corruption, says LCCI

T

By Okwy Iroegbu-Chikezie

HE biggest platform for corruption in the economy today is the management of subsidy on petroleum products, the President, Lagos Chamber of Commerce and Industry (LCCI), Alhaji Remi Bello, has said.

Bello, in a statement yesterday in reaction to the austerity measures by the government in the wake of the dip in the global oil prices, said the pressure the drop in the crude price exerted on the government treasury was enormous, adding that there was need for an accelerated reform of the oil and gas sector and the passage of the PIB, which he noted would mitigate the challenge the subsidy management posed for government’s finances.

Endorsing the fiscal and monetary stance of the government in response to the declining oil price, the LCCI boss cautioned that the tax yield in the economy was not commensurate with the magnitude of activities taking place in the economy.

He said the tax revenue (non-oil) to GDP ratio was about four per cent, adding that it was one of the lowest globally.

According to him, the development underscored the weakness of the Nigerian tax system and apparatus.

sustenance of Dangote’s price

T

HE Nigerian Institute of Quantity Surveyors (NIQS) has urged stakeholders in the building and construction industry to help sustain the slash in the price of cement as announced by the management of Dangote Cement Plc. It said the company should not be left alone in the affordable cement campaign.

The leadership of the Lagos State chapter of the institute said in Lagos that what the management of Dangote Cement did was unprecedented in the history of pricing and adjustment “and that everybody should ensure that the price slash succeeds.”

The Chairman, Mr. Olayemi Shonubi, who led other executive members to visit the Group Managing Director of Dangote Cement, Mr. Devakumar Edwin, said the institute was concerned about the hitherto skyrocketing price of cement and other building materials and heaved a sigh of relief when Dangote Cement came up with the new price regime.

He regretted that some stakeholders, including those who should be at the vanguard of price cut, doubted the ability to sustain the slash, saying it would be a matter of time before the price increased again.

THE NATION MONDAY NOVEMBER 24, 2014

7

NEWS

•A vandalised vehicle

•A burnt house

One killed as hoodlums attack Ibadan residents MAN, identied as Sodiq, was killed yesterday when hoodlums attacked Born Photo, Idi-Arere, near OkeAdo, Ibadan, the Oyo State capital, vandalising property and looting shops.

The early morning violence began at 5am with no fewer than 15 vehicles vandalised. Three of them were burnt in addition to a tricycle and a motorcycle.

A petrol station, BK Petroleum, was also destroyed.

It was learnt that the hoodlums swooped on the neighbourhood before many residents woke up and policemen arrived at the scene.

Riot policemen arrived at the scene at 7am, according to an eyewitness, who pleaded for anonymity.

The hoodlums fled gradually as the presence of the policemen became stronger.

Another eyewitness said firefighters were turned back by the hoodlums.

A popular photographer in the area, whose shop was vandalised, said residents telephoned him, informing

A

Police, residents trade words over arrest

R

ESIDENTS of Oke-Ado in Ibadan, have cried out over alleged police harassment, arrest and persecution.

One policeman was killed; 23 others were injured during the attack on policemen and residents by the rampaging political thugs at the weekend.

Some residents accused policemen of venting anger on innocent residents by entering homes, business areas and mechanic workshops.

When our reporter visited the area yesterday, the residents claimed some homes have been deserted and all mechanic workshops empty as people fled to avoid “indiscriminate” arrest.

A resident, Pa Adeogun Ezekiel, called on Governor Abiola Ajimobi to help stop the “persecution” of innocent residents.

But the police have denied the allegation. Its spokesperson, Mrs Olabisi CletIlobanafor, said those making the allegations have something to hide.

She said: “Police don’t just do mass arrest. We didn’t enter any home, those arrested were arrested in the crowd. They From Bisi Oladele, Ibadan

him about the incident, prompting him to run down quickly.

The victim, who preferred

Council boss hails Ajimobi From Tayo Johnson, Ibadan

T

HE Caretaker Chairman of Ibadan North East Local Government, Ladi Oluokun, has said Governor Abiola Ajimobi’s projects have qualified him for a second term.

Oluokun spoke at the governor’s meet-the-people tour at the council secretariat on Iwo Road, where he was received by thousands of All Progressives Congress (APC) supporters and well wishers.

The council boss said the people appreciated Ajimobi’s contributions to make the state a pacesetter.

He advised APC members to be united, steadfast and to avoid factions within the party to enable them achieve their aims.

Oluokun said the state was in quandary before the governor’s emergence in 2011.

“The leadership qualities of Senator Ajimobi could not be overlooked as he has re-vamped the state’s economy to an enviable position.

“He had also assisted rural communities in their selfhelp projects through provision of rural agro industrial equipment, such as palm oil and cassava machines.”

From Oseheye Okwuofu, Ibadan

should not entertain any fear. He who is innocent should not be afraid.

“They should feel free. Activities are going on at Oke-Ado; people are opening their businesses. It is just mischief. We visited there this morning, and people were going to church.

“Those who called you are those who perpetrated the crime. And they do not want the police around them. Those arrested are being investigated and we are working towards getting to the root of the matter.

“So, no one should be afraid. If anyone has deserted his home it is by his own will. It is not because of the police. Those who were arrested were arrested at the scene of the incident.

“The police, definitely, will not go and arrest hours after the incident. We won’t do that, we practice modern policing.

“We can’t go and arrest innocent people after the incident. We can definitely arrest based on information. And we are investigating.

“I want to use this medium to urge innocent members of the public that we are not after them.”

•Houses, shops, vehicles vandalised to identify himself only with his popular name, Born Photo, said: “When I came in

the morning, I was dazed by what I saw.

“Thugs were attacking one another. We don’t know why

they were fighting.

“They broke my door, took away several photos and other items before police came. The thugs, mostly young people, are too many around here.”

Yesterday’s attack was seen as a reprisal to Friday’s attack in which hoodlums attacked residents and supporters of the All Progressives Congress (APC), who were waiting to receive Governor Abiola Ajimobi during his tour of the area.

The governor suspended his visit to the area after learning about the attack.

Police spokesperson Mrs. Olabisi Clet-Ilobanafor said no arrest had been made.

She said the police appealed to the irate youths to stop the violence or face arrest.

The police spokesperson said the hoodlums chose to stop the violence as an understanding had been reached with the police.

But she said several arrests were made on Friday and Saturday.

Ekiti APC accuses police of partisanship HE All Progressives Congress (APC) in Ekiti State has raised the alarm on threats to the lives of APC lawmakers.

It accused the police of being partisan in the crisis rocking the state.

Its Publicity Secretary, Taiwo Olatubosun, said in a statement at the weekend that the party was shocked by what it called “the undisguised support of the police for Governor Ayodele Fayose in the crisis rocking the House of Assembly”.

Olatunbosun said the police compromised “when the seven Peoples Democratic Party (PDP) members sat to illegally ratify the list of commissioner-nominees and caretakers during the purported removal of the Speaker, Dr. Adewale Omirin”.

He said the police proved their support for pro-Fayose lawmakers by allowing them sit and have a field day to perpetrate illegalities while APC lawmakers were prevented from entering the Assembly complex.

“It is curious that a day after the governor’s Chief Press Secretary, Idowu Adelusi, issued a statement accusing APC of plans to storm Ekiti with thugs, the

T

NBA: Ekiti PDP lawmakers acted illegally

T

HE Nigerian Bar Association (NBA) has condemned last week’s invasion of the National Assembly by the police.

It also frowned at the development in the Ekiti House of Assembly, where seven Peoples Democratic Party (PDP) lawmakers claimed to have impeached the Speaker.

In two statements, NBA President Augustine Alegeh said while the explanation given by the police was suspicious, the lawmakers ought not to have scaled barricaded entrance as some of them did.

He urged politicians to conduct themselves decently and within the limit of the law as the nation approaches election year.

Alegeh said all acts carried out by the seven Ekiti PDP lawmakers are illegal. He urged security agencies to ensure that adequate security is provided for the lawmaking body in Ekiti.

“The NBA has followed with utmost concern, developments at the Ekiti State House of Assembly, wherein seven members unlawfully purported to have confirmed the nomination From Sulaiman Salawudeem, Ado-Ekiti

police, who are supposed to be neutral, also said opposition politicians are planning to “recruit” thugs.

“We are not surprised by the police’s role in Ekiti crisis. The police have been working in cahoots with the governor to sustain illegalities in Ekiti State.

“The police did nothing when Fayose’s thugs in-

From Eric Ikhilae, Abuja

of caretakers and commissioner-nominees.

“The aforesaid acts of impunity and unlawfulness were taken a notch higher when the same seven members purported to have impeached the Speaker and purportedly installed a new speaker.

“All the acts are utterly in breach of the constitution and are illegal and unlawful.

“The NBA strongly condemns the aforesaid unconstitutional and unlawful acts and calls on the members of the House of Assembly involved in these unconstitutional acts to have due respect and regard to the clear provisions of the constitution and to conduct themselves in a more responsible manner as elected representatives of the people. “The NBA also calls on security agencies to ensure that law and order prevail at all times in Ekiti State.

“The acts of these seven members of the Ekiti Assembly constitute a potent threat to our developing democracy and must be checked immediately,” Alegeh said.

vaded the court to disrupt proceedings in the perjury case. They looked on when judges, lawyers and other court officials were beaten.

“Just last night, government agents were at the home of Deputy Speaker, Adetunji Orisalade, asking after him.

“At Ikere-Ekiti, the same gang, in a black car with its number plate covered, visited the homes of the two

lawmakers representing Ikere Local Government, Sunday Adu Clement and Yomi Daramola.

Yesterday morning, we got several reports from each of the 19 APC lawmakers about similar threats to their lives.

“The police should live up to their constitutional responsibility of providing security, instead of helping to turn Nigeria into a killing field.”

Truck kills two From Damisi Ojo, Akure

TWO people were killed at the weekend when a truck hit their motorcycle in Oka-Akoko, Akoko South-West Local Government Area of Ondo State.

It was gathered that the Abuja-bound truck, belonging to a manufacturing company, was coming from Lagos.

The truck and 10 houses were said to have been burnt by aggrieved youths.

A resident, Wale Gidado, said the driver attempted to escape before he was caught.

Gidado said accidents have become a routine on the road.

The traditional ruler cautioned and appealed to the youth to maintain law and order.

Baptists meet THE monthly Executive Committee meeting of the Itesiwaju Baptist Association holds today at 6:30pm at Araba Baptist Church, Ilasamaja, Lagos. It will be presided over by the moderator, Rev. Gbenga Ojo of Araba Baptist Church and consultant, Dr. Femi Ajayi of Victoryland Baptist Church, Isolo, Lagos. Issues affecting the association and member-churches will be discussed.

Lagos warns against fraudsters THE Lagos State government has cautioned residents against fraudsters who now create fake Facebook accounts of Governor Babatunde Fashola.

In a statement by Fashola’s Special Adviser on Media Hakeem Bello, the government said the governor does not do business on Facebook.

“Although he has a Facebook and Twitter accounts, they are used for communicating government policies and programmes when necessary.

“Governor Babatunde Fashola does not do business on Facebook. He does not operate a Facebook account that asks people to make cash donations in any bank account.

“We urge the public to be wary of such fraudsters.”

THE NATION MONDAY NOVEMBER 24, 2014

8

NEWS

UN Security Council urged to call police to order A KURE lawyer and activist Mr. Charles Titiloye has urged the

United Nations Security Council (UNSC) to pass a resolution condemning the attack and siege to the National Assembly by the police and security agents.

He described it as an assault on liberty, freedom and democracy.

Titiloye said while lawmakers were being attacked by the police with teargas at the National Assembly in Abuja, the police backed seven Peoples Democratic Party (PDP) legislators in Ekiti State in a desperate, unconstitutional manner to take over the House of Assembly.

From Damisi Ojo, Akure

He described the development as the return of despotism, tyranny and subversion of the rule of law and constitution.

The lawyer noted that Nigeria, as a democratic nation, which subscribed to the United Nations Universal Declaration of Human Rights, African Charter on Human and Peoples Right, could not depart from the provisions of international human rights laws and sponsor through the police open attack on lawmakers and constitutionalism.

He said with the police-

backed attack on courts in Ekiti, the Judiciary had gone on holidays, “as Ekiti State Governor Ayodele Fayose is in charge of the executive and legislative arms.”

Titiloye said the UN Security Council could not watch anarchy take over the country, as a breakdown of law and order in Nigeria would spell doom for Africa.

He described the use of teargas by the police to attack the Speaker of House of Representatives and other lawmakers as a human rights abuse of Nigerians performing their legitimate functions.

Jail break: Govt bans telephone usage, indecent dressing

T

HE Federal Government has banned the use of telephones in prisons.

It has also barred indecent dressing.

It said henceforth, no inmate or official would be allowed access to telephones.

The Minister of Interior, Comrade Abba Moro, broke

•Gives 30-day ultimatum to recover phones From: Gbenga Omokhunu, Abuja

the news at the weekend in Abuja at a meeting with the senior officers of the Nigeria Prisons Service (NPS).

His words: “I have visited

some prisons. Nobody, no matter how highly placed, will be allowed to enter the prison with his phone, not even the minister of Interior.

“You have one month to recover the phones in inmates’ possession.”

Army to provide conducive environment for officers

T

HE Nigeria Army said it would provide its officers and men with an environment conducive for working.

The General Officer Commanding 2 Division of the Nigeria Army, Maj.-Gen. Emmanuel Abejirin, spoke yesterday while inaugurating the rehabilitated facilities at the 4 Brigade of the Army in Benin.

He said the military authorities were not ignorant of the importance of infra-

structure in boosting the morale and professionalism of the officers and men.

Abejirin hailed the leadership of the Brigade in providing basic infrastructure to its troops.

The facilities inaugurated included office accommodation, mechanic workshop and houses.

Also inaugurated were refurbished three blocks of 10 classrooms at the Command Children School, Benin.

The Commander, 4 Bri-

gade, Brig.-Gen. Okwudili Azinta, said the rehabilitated classrooms would boost enrolment in school and widen access to education for the children of officers and men.

He said the projects were undertaken to improve accommodation and other infrastructural needs of the command.

Brig.-Gen. Azinta urged the soldiers and other beneficiaries of the projects to make best use of them.

Nigerians urged not to forget culture Surveyors seek

T

HE President of the Association of African Traditional Religion, Nigeria and Overseas (AATREN), Chief Ifasegun Elegushi, has urged Nigerians not to forget their culture, saying “it is the bedrock of our existence”.

Elegushi, addressing reporters at the 5th anniversary of the death of Oba Yekini Adeniyi Elegushi, said for a society to develop and for peace to reign, the people should promote their culture.

The AATREN President, the Opemoluwa of Ikate land, enjoined government to recognise traditional worshippers so that they could use their resources and God-given talents to eradicate

the calamities befalling the country.

The Director, Lagos State Arts and Culture, Mrs. Olaitan Odulana, said culture should not be forgotten if development was to take place.

She said it was a guide to bring fortune and prevent calamities.

Mrs. Odulana added: “I wonder how such an important element in the society can be forgotten.”

One of the highlights of the ceremony, which was organised and attended by the Indigene Faith of Africa, Ijo Orunmila, at the Elegushi compound, Ikate, Lagos was a prayer for the departed monarch, his family, Lagos State and Nigeria.

Oil subsidy is biggest platform for corruption, says LCCI

By Okwy Iroegbu-Chikezie

T

HE biggest platform for corruption in the economy today is the management of subsidy on petroleum products, the President, Lagos Chamber of Commerce and Industry (LCCI), Alhaji Remi Bello, has said.

Bello, in a statement yesterday in reaction to the austerity measures by the government in the wake of the dip in the global oil prices, said the pressure the drop in the crude price exerted on the government treasury was enormous, adding that there was need for an accelerated reform of the oil and gas sector and the passage of the PIB, which he noted would mitigate the challenge the subsidy management posed for government’s finances.

Endorsing the fiscal and monetary stance of the government in response to the declining oil price, the LCCI boss cautioned that the tax yield in the economy was not commensurate with the magnitude of activities taking place in the economy.

He said the tax revenue (non-oil) to GDP ratio was about four per cent, adding that it was one of the lowest globally.

According to him, the development underscored the weakness of the Nigerian tax system and apparatus.

sustenance of Dangote’s price

T

HE Nigerian Institute of Quantity Surveyors (NIQS) has urged stakeholders in the building and construction industry to help sustain the slash in the price of cement as announced by the management of Dangote Cement Plc. It said the company should not be left alone in the affordable cement campaign.

The leadership of the Lagos State chapter of the institute said in Lagos that what the management of Dangote Cement did was unprecedented in the history of pricing and adjustment “and that everybody should ensure that the price slash succeeds.”

The Chairman, Mr. Olayemi Shonubi, who led other executive members to visit the Group Managing Director of Dangote Cement, Mr. Devakumar Edwin, said the institute was concerned about the hitherto skyrocketing price of cement and other building materials and heaved a sigh of relief when Dangote Cement came up with the new price regime.

He regretted that some stakeholders, including those who should be at the vanguard of price cut, doubted the ability to sustain the slash, saying it would be a matter of time before the price increased again.

THE NATION MONDAY, NOVEMBER 24, 2014

9

THE NATION MONDAY, NOVEMBER 24, 2014

10

NEWS Borno urges parents to send children back to school

Sacked Taraba acting governor may be probed

S

ACKED Taraba State Acting Governor Garba Umar may be probed, it was learnt at the weekend.

Some principal officers in his ousted administration are also to be investigated.

A source said yesterday reinstated Deputy Governor Abubakar Sani Danladi, who is now the acting governor, is setting up a “Probe and Recovery Commission in seven days to recover all that was plundered”.

“The commission is to probe how the Garba Umar administration managed the billions of naira accruing to the state during his tenure.

“It will also confiscate all property (buildings and vehicles) illegally bought with the state’s funds,” our source said.

Umar’s whereabouts since Friday remain unknown. His

From Fanen Ihyongo, Jalingo

loyalists are also said to have gone into hiding.

“We petitioned the Economic and Financial Crimes Commission (EFCC) about the state of the economy in Taraba before he was sacked by the Supreme Court on Friday,” the source added.

Umar was acting governor between November 14, 2012 and November 21, 2014 when he was removed by the Supreme Court on grounds that the process leading to the impeachment of Danladi by the House of Assembly on October 4, 2012 (for alleged gross misconduct) was unconstitutional.

The possible areas to be probed include the Bureau for Local Government and Chieftaincy Affairs, the Subsidy Reinvestment Empowerment

Programme (SURE-P) funds and the N10 billion loan obtained under Umar’s administration.

The commission will also investigate why payments of salaries were delayed and paid via bank overdrafts.

It will examine the reasons state and local government projects started by Governor Danbaba Suntai were abandoned.

The source added that the sacked acting governor personally declared in August 2013 that he saved about N27.3 billion in the state’s account.

“The recovery panel will investigate what he (Umar) did with the funds now that the treasury is in the red,” the source said.

On resuming duty at the weekend, Danladi nullified all appointments made by Umar, saying: “I met with Suntai and we agreed to do so because the

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•Umar

appointments by Umar were illegal.”

The new acting governor has appointed former Commissioner of Justice Gebon Kataps as the Secretary to the State Government (SSG). Kataps will resume duty today.

Danladi is expected to announce his commissioners, advisers, Head of Service (HOS), corporations’ board members and permanent secretaries this week.

HE Borno State Government urged parents yesterday to send their children back to schools, following the reopening last week of public primary schools in Maiduguri, the state capital.

The Chairman of the State Committee on the Resuscitation of Primary School Education, Dr Mohammed Dongel, addressed reporters in Maiduguri on the need for pupils to return to school.

Dongel said the state government had provided tight security for teachers and pupils.

The chairman noted that although a large number of parents had sent their children to schools, others were still apprehensive.

He said: “I want to assure parents that the government has made adequate security provisions in all schools for the protection of teachers and pupils. Parents should en-

PDP clears Ngilari for Adamawa governorship race

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HE national leadership of the Peoples Democratic Party (PDP) has cleared Adamawa State Governor Bala Ngilari to join the 2015 governorship race.

The party had insisted on zoning the ticket to Adamawa Central Senatorial District, ostensibly to pave the way for the zone’s preferred aspirants.

Ngilari is from the Northern Senatorial District.

Addressing reporters at the weekend, the governor said the clearance the party

From Gbade Ogunwale, Assistant Editor, Abuja

granted him to participate in the primaries was a sign of its confidence in his capacity to lead the PDP to victory in the election.

Ngilari said the development would enable him to deliver the dividends of democracy to the people.

According to him, the clearance is a victory for the party.

The PDP, the governor said, would go into the primaries united and come out stronger, contrary to the rancour

that his exclusion from the race would have caused.

He said: “If the party had stopped me, there would have been a backlash that would have affected the fortunes of the party in the 2015 general elections. That’s what the party has averted by its mature handling of the issue.”

The PDP, last week, sacked the state executive committee of the party in what many saw as a move to weaken Ngilari’s grip on the state chapter.

But the decision was reversed a few days after.

It was gathered that the leadership of the party was forced to retrace its steps, following pressure from PDP governors, Board of Trustees (BoT) Chairman Tony Anenih and former Defence Minister Gen. Theophilus Danjuma and frontline traditional rulers.

The governor, who is a Christian minority, was also quoted to have said that he enjoyed the goodwill among a segment of Adamawa residents, including religious leaders of both faiths.

He said: “Many Muslims and Christians from within and outside the state took up my matter because they saw

injustice about to be meted out to me. The only way I can repay everyone is to be fair and ensure justice for all.”

Ngilari hinted of a draft bill seeking collaboration between the military and local vigilance group in the counter-insurgency campaign.

The bill, he said, would be forwarded to the House of Assembly in the next few days.

On the Federal Government’s counter-insurgency efforts, he said: “The state and the military, working together, have made substantial gains. I appeal to members of the National Assembly to approve the state of emergency extension as requested by President Goodluck Jonathan.”

Atiku meets Lamido

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LL Progressives Congress (APC) presidential aspirant and former Vice President Atiku Abubakar held yesterday a meeting with Peoples Democratic Party (PDP) board member and Jigawa State Governor Sule Lamido at the governor’s home in Dutse, the state capital.

Atiku met Lamido after his (Atiku’s) meetings with APC executives and delegates.

The former vice president discussed with the PDP gov-

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From Ahmed Rufa’i, Dutse

ernor at New Abuja area, about 200 metres to the Jigawa State Government House.

Their closed-door meeting lasted over an hour. Details remained unknown last night.

Emerging from the meeting, both politicians smiled at the eager party members and other residents.

They shook hands and took photographs outside the venue.

deavour to send their children to school.”

Dongel said the government would distribute free uniform to pupils in public schools next week.

He said: “Governor Kashim Shettima is expected to flag off the distribution of free uniform to all pupils in public schools next week.

“He will also flag off free daily meals in all public primary schools next week.”

According to him, the government has bought instructional machines for easy teaching and learning in the schools.

Dongel said: “We are trying to introduce e-learning in primary schools to transform our education system into world class.”

The chairman added that the government had introduced new security measures in schools to ensure a safe environment for teaching and learning.

The News Agency of Nigeria (NAN) reports that public schools, closed on March 14 due to deadly attacks by suspected Boko Haram insurgents, were reopened on November 17.

The attacks climaxed with the kidnapping of about 300 school girls in Chibok.

PDP councillors back Tukur to sue party over ouster From James Azania, Lokoja

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HE Peoples Democratic Party’s (PDP’s) Councillors’ Forum has supported the decision of the party’s former National Chairman, Alhaji Bamaga Tukur, to seek redress in court over his ouster.

The forum’s National Chairman Collins Monday Onogu spoke yesterday in Lokoja, the Kogi State capital.

He said: “The decision of the former chairman is a right step in the right direction as he was forced to resign his chairmanship, which is against the constitution of the party.

“The former chairman was wrongly removed from office and it is illegal for someone that was not elected as the national chairman of the party to preside over the affairs of the party and even conduct the forthcoming primaries.”

‘180,000 IDPs from Bama registered HE Bama Develop- in Maiduguri’ the insurgents to ensure the ment Foundation, a IDPs could return home.

non-governmental organisation (NGO), has registered 180,000 Internally Displaced Persons (IDPs) from Bama taking refuge in Maiduguri, the Borno State capital.

The foundation’s Chairman, Malam Mohammed Hassan, addressed reporters yesterday in Maiduguri.

He said that the IDPs were in four camps in the state capital.

According to him, the IDPs were displaced by Boko Haram insurgents in an attack on the town last September.

Hassan said: “We have recorded about 180,000 IDPs from Bama taking shelters in four different camps in Maiduguri as of October 31.

“The camps are located at the Yerwa Girls Secondary School, Women Teachers Col-

lege, the national youth Service Corps (NYSC) orientation camp and Government Girls’ College, all in Maiduguri.”

The foundation chairman noted that some other IDPs were taking refuge in neighbouring Cameroon and Chad Republics.

He said the continued siege on Bama by the insurgents was creating hardship for the residents, who were held hostage in the town.

Hassan said: “Only about one-third of the Bama population has been able to escape, leaving the rest under the captivity of the insurgents.

“Most of those left are the weak comprising women, children and the aged. These people are exposed to hunger, starvation and diseases.”

The foundation chairman urged the Federal Government to free the town from

He hailed the military for reclaiming some towns seized in Adamawa State by the insurgents.

Hassan said: “We commend the military for liberating towns like Mubi in Adamawa from the insurgents.

“We urge them to extend the war to Bama and liberate the town so that we can all go back home.”

The foundation chairman also hailed Governor Kashim Shettima for providing shelter to the IDPs from Bama in Maiduguri.

He said: “We commend Governor Kashim Shettima for providing camps for Bama IDPs in Maiduguri.

“We also commend publicspirited individuals and corporate bodies for their intervention in different forms in the IDPs camp.”

THE NATION MONDAY, NOVEMBER 24, 2014

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CITYBEATS

Kidnapped governor's aide's daughter rescued •Abductor who poses as Dangote on Facebook arrested

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HE abducted daughter of the Special Adviser to the Kwara State governor on Political Matters, Sa'adat Usman Bibire, has been rescued by the police in Lagos Bibire (20), a model, was kidnapped by an abductor who poses as Alhaji Aliko Dangote on popular networking site Facebook, pretending to have a modeling job for her in Warri, Delta State.

Sources told The Nation that the gang had requested that she add them as a friend on Facebook, following which they began conversation.

It was gathered that the fake Dangote had offered her a contract to be the brand Ambassador of the newly re-branded Dangote Noodles.

After she accepted the "contract", she was invited to Warri for the photo shot.

It was when she got to the location where she hoped to meet her host that she was kidnapped and a ransom of N20million demanded for her release, the sources said.

The kidnappers directed her father to transfer the money to an account in a Malaysian bank, but with a warning that should he inform the police, his daughter would be killed.

Sources close to the office of the Lagos Commissioner of Police, Kayode Aderanti, said a top government official informed him of the incident, urging him to help at rescu-

By Jude Isiguzo

ing the victim.

Aderanti was said to have directed the Officer-in-Charge of the Special Anti-Robbery Squad (SARS), Abba Kyari, a Superintendent (SP), to investigate the matter. SARS operatives arrested Branden Nsikak (34) and Adebiyi Adetola (24) in Lagos.

During interrogation, the suspects were said to have made confessional statements, stating that the victim was in Warri, where she was being held pending the collection of the ransom.

The source disclosed that following the revelation, Kyari deployed two SARS Decoy teams to Warri, where the search for Bibire began.

It took operatives seven days of painstaking search before the victim was rescued in a house on the outskirts of Uzoro town in Isoko South council area of Delta State.

Another suspect, Patrick Ifada, was also arrested in the same house.

Police spokesperson Kenneth Nwosu, a Deputy Superintendent (DSP), confirmed the victim's rescue and arrest of the suspects.

He said the matter was undergoing investigation, adding that efforts to arrest other fleeing members of the gang had begun.

CITYBEATS LINE: 08023247888

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WO brothers have been arrested for the alleged kidnap of the owner of Kings Petroleum, Alhaji Hammed Fashola, on November 13.

The brothers, Kelvin Igah (39) and Victor Igah (35), who hail from Kwali in Delta State, are assisting the police with their investigations.

Fashola (55), who was rescued unhurt, was abducted near his Egbeda, Lagos home at about 7.05pm and taken to a hide-out around Isheri-Oshun, a suburb of the city.

Police sources told The Nation that a few days before he was abducted, the Officer in Charge of the Special AntiRobbery Squad (SARS), Abba Kyari, a Superintendent (SP), had received a call from a relation of the owner of another petrol filling station who had been kidnapped earlier and released after paying a ransom of N20 million.

It was gathered that the kidnappers who had threatened to kill the man and every member of his family were still demanding a balance of

Two brothers held for businessman's abduction

By Jude Isiguzo

N10million from him.

A source said: "The man was afraid but Kyari persuaded him to come to his office for a discussion, promising that nothing would happen to him. When they met, the man told him his ordeal in the hands of the kidnapper, adding that he was chained inside the toilet for nine days before the N20million was paid.

"Kyari asked if he knew where the kidnappers took him to; he said he was not sure but said it was somewhere around Isheri-Oshun. Kyari asked him if the window of the toilet where he was kept was open and if he could see anything through it and he said 'yes.'

"He told Kyari that he saw an uncompleted one-storey building and a bungalow with old zinc which had a window-

size air-conditioner on it".

With this description, the Kyari was said to have sent three teams of policemen to the area with a view to locating the buildings.

It was gathered that after three days of intensive search, one of the teams came back with a picture that matched the description of the buildings near the kidnappers' hide-out.

According to the source, it was when SARS operatives led by Kyari stormed the place that they discovered it was the same gang that kidnapped Fashola.

Lagos State Police Command's spokesperson, Kenneth Nwosu, a Deputy Superintendent (DSP), who confirmed the suspects' arrest and Fashola's rescue, said the kidnappers had demanded N50million as ransom for his release.

Nwosu said Fashola was rescued by SARS operatives on November 17 from the kidnappers' hide out at 18, Odeniyi Ishola Street, Off Bola Road, Isheri-Oshun.

He explained that a massive manhunt was launched by SARS immediately after the incident was reported, adding that when operatives eventually traced their hide-out, the house was cordoned off and searched by Kyari and two SARS decoy teams.

"The victim (Fashola), who was chained and kept in the toilet, was successfully rescued. Two of the kidnappers, Kelvin Igah (39) and Victor Igah (35) both brothers from Kwali in Delta State were arrested. Effort to arrest other members of the gang is in top gear. The case is under investigation at Special Anti-Robbery Squad (SARS), Ikeja", Nwosu said.

'My woman brings concubines into our home'

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48-year-old man, Adisa Ogunbiyi, has sought the dissolution of his 21-year-old marriage to his wife, Blessing, before the Customary Court at Agege, a Lagos suburb, alleging that she is adulterous.

Ogunbiyi, a civil servant, told the court: "My wife was fond of bringing men to our house, referring to them as her brothers. Four months after she left with a man she called her pastor, she claimed she had been hypnotised. I ac-

•He has stopped sleeping with me, wife tells court

By Basirat Braimah

cepted her because she confessed that she truly had extra-marital affairs. I gave her N100,000 to start a business when I knew that idleness was the reason behind her waywardness."

He told the court that they were living peacefully until she left with the children without his consent.

"Early this year, my wife moved out of the house with

our children to an unknown place without my consent. I presume she is fed up; I want a separation," he said.

However, 30-year-old Blessing, a native of Akwa Ibom, denied the allegations, saying: "The pastor was our benefactor; I did not sleep with him. He assisted us when we had challenges. My husband is also irresponsible. At times, he leaves the house for two weeks, leaving me with our children with

nothing to eat. I can't remember the last time I collected monthly allowance from him. Even before our separation, my husband stopped sleeping with me because he said my private part was always watery."

She also said her husband publicly harasses her and their first daughter each time she fails at school.

"When my husband's sister advised him to marry a wife from his tribe, his attitude changed towards me and he also stopped sleeping in the house. I don't need him anymore. I also want dissolution," she added.

The marriage produced four children.

The court's President, Mr. Adekunle Williams, ordered Ogunbiyi to bring the children's birth certificates on the next hearing date and adjourned he case till January 26 for judgment.

Police recover 1,700 PVCs

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By Jude Isiguzo

OLICEMEN attached to the Area 'K' Command have recovered over 1,700 Permanent Voter Cards (PVCs) abandoned in a bush in Seme.

It was gathered that the recovered cards are suspected to be the ones that were reported stolen from officials of the Independent National Electoral Commission (INEC) in Ajeromi, Lagos State.

Sources claimed that the cards might have been stolen by some political thugs who abandoned them in the bush and fled when they could no longer keep them.

Police spokesperson Kenneth Nwosu, a Deputy Superintendent (DSP), said no suspects had been arrested.

He said: "On November 16 at about 8.15am, policemen attached to Area 'K' Command, Morogbo recovered about 1,700 Permanent Voters Cards (PVCs) abandoned by unknown persons in a bush in the Seme Area".

Nwosu explained that the PVCs were suspected to have been stolen from INEC officials in the Ajeromi area of Lagos, adding the case was under investigation at the Area 'K' Command.

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MONDAY NOVEMBER 24, 2014

POLITICS THE NATION

E-mail:- politics@thenationonlineng.net

NIGER POLITICS Governorship aspirants on the platform of the Peoples Democratic Party (PDP) in Niger State are not happy with Governor Babangida Aliyu for endorsing one of them, contrary to assurances that there would be a level-playing field. JIDE ORINTUNSIN captures their frustration.

Niger governorship aspirants draw battle line I N spite of assurances that he does not have an anointed candidate, Governor Mu’azu Babangida Aliyu has broken his promise. For almost a year, he had kept the Peoples Democratic Party (PDP) governorship aspirants in Niger State in suspense. The governor assured that there would be a level-playing ground at the primaries. Aliyu maintained that his successor would be a member of his cabinet.

He said this would ensure the continuity of programmes and policies being implemented by his administration in the last seven and half years.

But, early last week, the governor shocked many aspirants at the stakeholders’ meeting of the ruling Peoples Democratic Party (PDP), when he announced that 39-year old former Chief of Staff Umar Nasko is his preferred candidate. He said he had consulted with many stakeholders, in line with democratic ethos, before arriving at his choice.

This development has expectedly pitched the governor against the eight other gladiators jostling for the ticket.

They insist that the move has undermined his integrity, by portraying him as a leader who cannot keep his words.

But, the endorsement was not strange to many political watchers. To them, the governor was only keeping faith with the promise he made to the State Council of Traditional Rulers recently that he would soon announce the consensus candidate that would fly the party’s flag during next year’s governorship election. The aggrieved aspirants have picked up the gauntlet to fight against what they described as “Aliyu’s overbearing tendencies”.

The campaign organisation of Hon. Ahmed Ibeto, Governor Aliyu’s deputy since 2007, the public endorsement of Nasko by the governor was nothing but a betrayal of a commitment, absolute loyalty and dedication from a sincere subordinate. The director general of the Ibeto Campaign Organisation, Alhaji Yunusa Kasanagi, tore the governor’s endorsement into shreds. “The endorsement is personal. It was his (Aliyu) personal action.

The delegates and indeed the people of the state have the final say. We are not moved by the development,” he said.

Kasanagi said the governor’s ploy to force a candidate on the state is dead on arrival. “The governor’s endorsement will not stop our principal (Ibeto) from contesting. Niger State comprises three zones.

The governor and a zone cannot decide for the entire state. The endorsement is a failed project from conception,” he added.

The Ibeto chief campaigner said the governor’s action was not only laughable but illogical. “Who were the stakeholders from the zone that met with the governor? Who was their leader or spokesman? How can you have a stakeholders meeting from the zone and the most senior political office holder from the area will not be in attendance? They are all jokers,” Kasanagi argued.

Dr. Jibrin Balarabe, the Director of Mobilisation, Senator Nuhu Auna Campaign Organisation, was more philosophical. He said: “We are not surprised by the governor’s action, despite his repeated assurance that he would provide a level-playing ground for all contestants. We only look up to God. He alone gives power not man. The earlier the governor realises this, the better for him”.

Auna was the chairman of the party. His

‘All stakeholders in PDP are opposed to the governor’s action.

Who are the people the governor consulted? Let the governor be told that the state is not is personal empire and we shall stand against any attempt to impose his so-called consensus candidate’

• Aliyu

• Ibeto

• Bello

camp has boasted that they will not lose sleep over the governor’s endorsement.

Hear Balarabe: “We are used to Governor Aliyu. The governor’s endorsement does not carry any weight. For a leader who kept promising a level-playing ground to now come out and anoint one of the as-

• Nasko

• Dukku

• Mohammed Babangida

pirants speaks volume of the leader. He has shown Nigerlites the type of a leader he is.”

The Auna Director of Mobilisation said the endorsement was a smokescreen.

“We know what is behind the person endorsed. The governor has his view and

the people of Niger State have theirs.

When the time comes, the truth shall be revealed”.

The Acting Director General of Mustafa Bello Campaign Organization, Haruna Buhari,described Nasko’s endorsement as exercise in futility. For him, “the governor and the so-called stakeholders have no power to foist any candidate on the party and the state.

The governor’s action is premature. All the aspirants will present themselves before a screening panel in Nasarawa State.

“We are not moved by the endorsement. We have the best candidate for the job. Mustafa Bello leads the pack.

He is the one to beat; the frontline contender. The governor has only expressed his personal opinion. He might as well endorse his wife. He wants to play God. His predecessor did it and failed. The governor too will fail this time around. Power belongs to God. The governor has forgotten that it is the people that will determine who governs them.”

Also, the Director of Publicity of the Mohammed Dukku Campaign Organisation, Comrade Ibrahim Abdullahi, said the governor’s action has lowered his esteem in the eyes of party members and the people at large. “All stakeholders in PDP are opposed to the governor’s action. Who are the people the governor consulted? Let the governor be told that the state is not is personal empire and we shall stand against any attempt to impose his socalled consensus candidate. When did aspirants, stakeholders and party leaders meet to arrive at a consensus candidate?”

As far as the aggrieved aspirants are concerned, the matter would be resolved by the party stakeholders at the primaries.

They all expressed their faith and confidence in the party for free and fair primaries. “We are going into the primaries because we strongly have faith in our party, regardless of what the governor is planning,” Balarabe stated.

Even, Colonel Aminu Kontagora, the Chairman of State Elders’ Council of the party, who is also an aspirant ,said he would rather go and face the delegates at the primaries than to dissipate his energy on the governor’s endorsement.

The battle line has been drawn.

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THE NATION MONDAY NOVEMBER 24, 2014

RACE TO 2015

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The Chime camp did not take part in the PDP Ward Congress and it insists that the congresses did not hold

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Chief Peter Okocha is a Peoples Democratic Party (PDP) governorship aspirant in Delta State. He spoke with Deputy Political Editor RAYMOND MORDI on his ambition and other issues.

Okocha: why I am vying for Delta governorship W

HY did you venture into poli tics?

I like to be referred to as a businessman in politics. General Eisenhower, a past American President, said “Politics must not be left in the hands of politicians alone, just as wars should not be left to Generals.” No responsible citizen should sit on the fence. Everyone concerned must be interested in happenings in the environment and be ready to contribute to governance.

What is your experience in business that prepared you for politics?

I completed my National Youth Service Corps (NYSC) in 1981 and the following year I set up Chrismatel, one of the largest shipping companies in Nigeria, operating at two terminals. It employs over 7000 workers. In 1986, my company bought over the pharmaceutical arm of Dizzengoff. I also set up Sadiq Petroleum in 1986, named after my third son, Sadiq Sanni Okocha. In 2002, Sadiq Petroleum bought over African Petroleum (AP). The AP acquisition did not go well because of the government failure to declare and write off a hidden N25 billion debt AP owed. In my hometown, Ibusa, I built the largest pharmaceutical company in Delta State — Dispharm. I am on the board of several other blue chip companies.

When did you enter politics?

I joined politics seven years ago as a gubernatorial candidate in Delta State, but was screened out at the party level. I sought redress in court and later switched over to

the Action Congress (AC). In the last two years, I have been back fully in the PDP, participating in the politics of Delta State from my home base in Ibusa. I have submitted my expression of interest form to the PDP secretariat. I have patiently waited for President Goodluck Jonathan to make his declaration and now that is over, I will formally declare my intention to contest the Delta State governorship ticket in the first week of December.

Why are you contesting?

Delta State needs a manager at this point in time; someone that can manage the diverse resources and talents that abound in the state. I have the capacity and capability to build on whatever the present administration has done.

I intend to bring in the private sector mentality into the business of governance. I will also use the 13 per cent derivation fund to develop the oil-producing areas of the state because the people in these areas suffer environmental degradation, untold health hazards, as well as economic deprivation resulting from oil exploration activities.

I will also run a pan-Delta government that will take care of all parts of the state. I will make

• Okocha

Asaba Airport a truly international airport. Also, I believe no child should be left behind; every Deltan must have the opportunity to make the best of life. Everyone do not need to go to the university; the Sapele Technical College will be revived and made functional; the Eku Hospital will be made a functioning teaching hospital, the St. Theresa’s College, Ibusa, which used to be the best teachers’ college will be brought

back to business and several others.

My administration will address these issues. Those who cannot go to the university will attend technical colleges; others will be businessmen/women under a business friendly environment. While the professors will be given the opportunity to fully realize their potentials, everyone else would be accorded his or her own right. The fact that you are a fisherman does not mean that you will live a less quality life than a professor. At present, our re-current expenditure is much higher than our capital expenditure. I will reverse this trend.

I will complete all abandoned projects within my first term tenure and privatise them.

Deltans must be ready to make a little sacrifice; a delicious pot of soup costs money. I will deemphasize money politics.

Luckily, I have succeeded in business, I will bring that acumen into governance; I will bring in the brightest brains.

Why have we not been hearing about your ambition in the media?

My immediate focus is on the PDP delegates. Only the PDP

‘I intend to bring in the private sector mentality into the business of governance. I will also use the 13 per cent derivation fund to develop the oil-producing areas of the state because the people in these areas suffer environmental degradation, untold health hazards, as well as economic deprivation resulting from oil exploration activities’

delegates can make it happen now. I do not believe in cash and carry journalism and politics, but the substance that I have to offer. I believe that after the first four years of my tenure, no Deltan will want to leave the state for greener pastures elsewhere.

Who are your allies in politics?

My politics is that of ‘inclusiveness’ of all; I do not belong to any group or faction. All I want is a successful Delta State; a state that will be the envy of all.

Why are your children bearing Hausa and Yoruba names?

I am appreciative and loyal to sincere friendship. I named two of my sons after friends that impacted positively in my life. My third son, Sadiq Sani Okocha, was named after two friends; Sadiq Aminu and Sani Abubakar, who took care of me during the tutelage stage of my business. The last born, Akinkoye Olushola Okocha was named after Akinkoye and Sola Ogungbemile, who influenced my shipping acquisitions.

You’re already a fulfilled man, why are you in this contest?

I have built a very successful home and business. My children carry dual citizenship of Nigeria and America. If we do not salvage this country and make it livable for them, they will move on to other countries; this I do not pray for. Also, I want it on record that when it mattered most, I offered my service to my people to help rescue the situation. If they turn it down, I will say that I have tried, but my people do not want to be rescued.

The attempt by President Goodluck Jonathan to reconcile the warring factions in the Peoples Democratic Party (PDP) in Enugu State has suffered a setback, following a court injunction restraining the party from taking any action in the chapter. CHRIS ORJI examines what went wrong.

Enugu PDP: A divided house

• Chime

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HE relief that followed the peace deal brokered by President Goodluck Jonathan in the Enugu State Peoples Democratic (PDP) was shortlived. The crisis rocking the chapter escalated when the group loyal to Governor Sullivan Chime obtained an interim injunction against the PDP. The ex-parte order restrains the “PDP, its agents, and privies or any person or persons acting for or through the defendant (PDP) from acting on any list or names purporting to be the list of delegates elected on November 1, 2014 at any ward or local government congress in Enugu State pending the hearing and determination of the substantive suit.”

This came even as processes were on to withdraw the earlier suit and court order by persons believed to be loyal to the Deputy Senate President, Chief Ike Ekweremadu. The suit by

Ekweremadu’s allies had also restrained the PDP, the Independent National Electoral Commission (INEC) or its agents, servants or assigns “from taking any step or receiving and acting on any purported report or list of candidates or persons purporting to be the list of elected delegates at the ward congress held in Enugu State on November 1, 2014, from any person or persons other than the Electoral Committee as constituted in Exhibit A, pending the hearing and determination of the motion on notice”. The move to withdraw the suit was sequel to the intervention by the President.

The Chime camp did not take part in the PDP Ward Congress and it insists that the congresses did not hold.

But, the group loyal to the Deputy Senate President alleges that the Chime camp was never really prepared for the congresses, but had intended to hijack the result sheets from Abuja.

According to the former, the latter lost steam when the alleged plot failed.

An Enugu-based political commentator, Mr. Raymond Okereke, is of the view that the Chime group shot itself in the foot when it tried to foist Mr. Ikeje Asogwa as the chairman of the

party in the state, following the resignation of Mr. Vita Abba in contravention of the party’s constitution. He said the second attempt to impose Asogwa during the October 31, 2014 meeting of the State Executive Committee (SEC), which he described as illegal and in violation of the National Working Committee (NWC) directive, were clearly geared towards ensuring that the Ward Congresses were manipulated in favour of the Chime group.

“The wolf cry by Chime and his camp and their desperation to foist Asogwa on Enugu PDP, therefore, can only be found in the alleged failed attempts to hijack the Enugu PDP Ward congresses, then the primaries and emergence of candidates for the 2015 elections,” he added.

Collaborating Okereke’s position, a party stalwart and head of the Jonathan Support Group in Enugu, Hon. Paul Anikwe, said about 600 persons participated in the congress in his ward, Obeleagu Umana in Ezeagu Local Government Area. He alleged that Governor Chime could not have known whether the congresses held or not, since he travelled to Abuja.

“The governor was not even seen that day; I heard that he travelled to Abuja

probably for merriment or to write results, while even President Jonathan was in his ward in Bayelsa State, participating in his ward’s congress,” Anikwe stressed. Speaking to reporters also, the former National Chairman and a member of the Board of Trustees, Dr. Okwesilieze Nwodo, described the ward congresses as very credible and peaceful.

According to him, “we had a free and fair congress; it is a legacy to the credit of the leadership of our great party. It went on very peacefully; I have not heard of any incident. The congress held across the state.”

A party stalwart privy to the Enugu political horse-trading said, although the odds favour the Ekweremadu group more since the delegates were mainly its loyalists, the senator was still very disposed to ensuring that Chime’s interests were accommodated to enable the party go into the election as a united family. The problem, he said, is that the demands by Governor Chime were too difficult to meet.

The informed source said: “My

‘Although the odds favour the Ekweremadu group more since the delegates were mainly its loyalists, the senator was still very disposed to ensuring that Chime’s interests were accommodated to enable the party go into the election as a united family. The problem, he said, is that the demands by Governor Chime were too difficult to meet’

understanding of the situation is that Ekweremadu is more interested in the bigger picture, which is the party’s and President’s interest and has so far respected the President’s peace efforts.

For instance, the National Delegates elected by the Ward Delegates whose November 1 election Chime and his people claim did not hold were preponderantly Chime’s men.

“But, a situation where the Governor insists that he would only concede his own senatorial ambition, but must fill every other elective position with his preferred candidate is not a realistic one. What becomes of the other aspirants and comrades in the struggle who also have their own political ambitions? If the odds had favoured Chime, would he have even agreed to listen to anybody? These are the issues that were still being ironed out when the governor went to court for the injunction in clear breach of the peace process. In fact, there was another meeting to be held by Chime, Ekweremadu, Jim Nwobodo and other key Enugu PDP stakeholders with the National Chairman late last week, to finalise the peace deal, but Chime did not show up and did not pick repeated calls to his line.

“The next thing was this ex-parte order. And only yesterday in Awgu, the governor declared that he was now more prepared for the senatorial battle and that not even the President could stop him.”

THE NATION MONDAY, NOVEMBER 24, 2014

19

COMMENTARY EDITORIALS

FROM OTHER LANDS

What austerity?

A

•The economy requires bold and ambitious measures

FTER failing to stem the industrial scale theft of oil known to have cut oil revenues by more than 20 percent, the Jonathan administration would appear to have finally met its match in the slump in oil prices. With Nigeria’s premium Bonny Light Crude which only a few months ago sold above the $100 mark currently trading at barely $79 per barrel, there are already signs of difficult times ahead for the economy.

Last week, the Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala rolled out some measures ostensibly to mitigate the impact of the falling revenues on the budget and, by extension, the economy. The measures proposed include pegging the oil price benchmark for Budget 2015 at $73 per barrel against $78 earlier proposed; ban on foreign travels by civil servants (unless for those deemed as absolutely necessary); cessation of foreign training programmes except those with foreign sponsorship – all in addition to significantly increasing non-oil revenue via an aggressive tax administration which would see owners of private jets, yachts and lovers of Champagne and other luxury goods pay more tax.

We have nothing against the proposed measures which even at the best of times, are needed to curb wastes and generally to improve efficiency in governance. Our problem is when the Federal Government, for reasons best known to it, chooses to package and sell placebos as

cure for a more acute problem, or more appropriately, when the administration indulges in deliberate misdiagnosis of the problem for self-serving reasons.

Of course, we know the problem with the economy. It is neither the curse of oil nor its famed volatility. As the examples of United Arab Emirates and Nordic countries have shown, oil can truly be a blessing if well deployed. As for its inbuilt volatility, the challenge is for the managers of the economy to take steps to mitigate the impact when it occurs. Nigeria unfortunately suffers the tragedy of being stuck with choices foisted by utterly self-serving, blind and incompetent elite – a cabal stuck on old paradigms and with it their obsessions with stacking money in foreign shores against deploying them to fix our ailing infrastructure to improve the environment for doing business. The result is a nation hung on huge foreign balances denominated by the number of months of import cover!

As it is, it is difficult to speculate on how worse things would get before they get better. The prognosis however is far from reassuring, particularly with no imminent signs of recovery in oil prices. While the fall of the naira to N176 to the dollar in recent weeks – its lowest ever – is a measure of how much its fate is tied to the fortunes of oil, it is also a measure of the free-for- all economy in which corrupt politicians and all manner of flight by night businesses could access the foreign exchange market to perpetuate capital

flight.

The way to go calls for bold and ambitious measures none of which the Jonathan administration seems willing to take. Renewed attention to the enablers of the economy – the props which not only sustain the economy but make it truly competitive and diversified– would be a good starting point. One other sure strategy to relieve the current pressure on the foreign reserves is to crack the riddle of new refineries. We have said it before: using a chunk of foreign exchange for fuel importation is bad for the economy. And, if we may counsel: a regime of belt-tightening offers no guarantee for enhanced economic activities; the best it can achieve is to address perceived distortions. Ultimately, the only enduring strategy is to get the economy working full throttle.

‘The way to go calls for bold and ambitious measures none of which the Jonathan administration seems willing to take. Renewed attention to the enablers of the economy – the props which not only sustain the economy but make it truly competitive and diversified– would be a good starting point’

Tell us

•Works ministry has to explain what has happened to N19.2bn roads project money

I

N what seems a manifestation of the pervasive culture of impunity in the country, the Federal Ministry of Works has failed to appear before the House of Representatives Committee on Anti-Corruption, Ethics and Values, to explain what has happened to the N19.2billion it received in respect of some road projects across the country, more than two weeks after the committee invited it. And, as if to rub salt on injury, the ministry did not even deem it fit to dignify the committee with a reply.

The committee had invited the ministry over the road projects based on petitions sent to the lawmakers by concerned citizens alleging that the money had been misapplied. It is only logical for it to invite the ministry with a view to hearing its own side of the story as well as determine what needed be done to hasten the completion of the roads. Faced with a situ-

‘The matter is beyond the new permanent secretary that the committee hinted the Federal Government (which also felt concerned about the matter) has just appointed with a mandate to unravel what has happened to the money. That cannot be a substitute for the committee’s job. It is probably a way of sweeping the matter under the carpet’

ation where they are not paid for long, it is only a matter of time for the contractors to abandon sites and this is unhelpful to the economy and unfair to Nigerian tax payers.

A breakdown of the projects and allocations is as follows: Lagos-Shagamu Road (N4 billion); Enugu-Port Harcourt Expressway (N4.5 billion); Ilorin-MokwaTigina-Gwari-Kaduna Expressway (N4 billion); Suleja-Minna Road (N2 billion); Abuja-Lokoja Road (N1.7 billion) and Apapa-Oshodi Expressway Phase 11 (N2 billion). About N18.2 billion was initially released for the projects while another N1,055,447,608.16 was allocated to the ministry to enable it properly renovate and refurbish the roads.

This indeed raises a cause for concern.

Why would another N1billion be released for the projects when what was on ground did not justify that even the initial N18billion had been judiciously spent? We agree that given the way things are done in the country, with contract funds not released as at when due to contractors; leading to contract variation, it is possible that the contract costs may have to be adjusted upwards in some circumstances. But then, that should be a function of the work done. We wonder why any public official would have approved such payment. The matter becomes the more curious when it is realised that the contracts are only about two years old.

All these explain our support to the house committee for promptly responding to the petitions concerning the road contracts. Equally commendable is the fact that the committee did not just act based on the petitions, its members went

round to inspect some of these projects and were able to confirm that despite the huge sums released for them, not much progress had been made two years after.

It is distressing that people in the Federal Ministry of Works who should know the importance of these roads to economic development and be concerned about the hardships faced by road users plying these roads are the ones throwing a spanner in the works. It is even the more disconcerting that the public officials concerned found it difficult to honour an invitation by the house committee saddled with the oversight function on such projects for whatever reason.

We find this unacceptable and support the committee’s decision to issue a warrant of arrest on the works minister. Indeed, that is the only way to encourage people with genuine petitions against public officials. When nothing is done to those involved in matters like this, people who should serve as whistle blowers would simply recoil into their shells; this is not good for the country.

We cannot continue to conduct public business this way. People must be made to obey constituted authorities, especially where public funds are involved.

The matter is beyond the new permanent secretary that the committee hinted the Federal Government (which also felt concerned about the matter) has just appointed with a mandate to unravel what has happened to the money. That cannot be a substitute for the committee’s job. It is probably a way of sweeping the matter under the carpet.

Tambuwal at the beautiful gate

S

IR: There is something tellingly uncanny about the fact that President Goodluck Jonathan exposed his personal capacity for malevolence on his birthday. The onslaught he authorized against Speaker Aminu Waziri Tambuwal, on November 20, represents, at least, nudist display of predation. And one must concede that it fulfilled its purpose: it showed the otherwise concealed private side of the President and it flattered the infinite reach of a tiny fraction of his omnipotence.

To be sure, President Jonathan violated the dignity of Tambuwal and others, through the agency of the police. There was absolutely no justification for shutting out mandated representatives of the Nigerian people from their workplace and overwhelming them with a thick cloud of teargas.

To answer those who may readily absolve Jonathan and point at the Inspector General of Police, the police did not embark on that treasonable adventure on their own volition. The attack required the unambiguous nod of the head of state. Except we have a derelict presidency, such flirtation with anarchy could not have happened without Goodluck Jonathan’s express say-so.

Nigerians have a spacious accommodation for outrage. We are gracious and forgiving because we recognize the similitude of our own weakness in the flaws of our leaders. But there is a vestigial character benchmark in our indulgent leniency, though it is low and barely discernible. We excuse corruption and stealing but we feel entitled to expect our head of state to embody some nobility. President Jonathan breached this standard. He acted below the minimum decorum required of his office. He projected pettiness and paranoia.

He would have emerged better off if he had baptized himself in mire.

Foremost, it is quite shocking that the arena was the National Assembly. That show of shame would have been no less despicable if it had happened elsewhere.

In these days when Boko Haram is annexing large swathes of land, at a point estimated to be the equivalent of three states, it would seem that we can boast of some sacred grounds. But the chaos that sprang up from the premises of our parliament indicates that we have lost even the moral ground.

Apparently, Nigeria has now converted to terrorism.

The Presidency, seeing that the renaissance of terror is increasingly magnifying her ineptitude, has elected to assert its muscles by transferring frustration to the citizen. This is a sufferer of terror, notoriously incapable of answering the expanding dent on her territorial integrity, overcompensating by picking a high profile target and inflicting harm on him.

This might well be Boko Haram’s ultimate victory: the Nigerian government so envies the terrorists now that it has turned to plagiarism, mimicking the terrorists’ cowardly strategy of using arms to express their rightness. The civility that should characterize the state’s relationship with (her number four) citizen has vanished.

That spectacle did not dehumanize Tambuwal; it diminished his bully. One instantly recognized the adversary’ contempt for honour in the desperation to strip Tambuwal of public value. The humiliation failed to establish the notion that the victim had earned the embarrassment. Instead, it shamed his oppressor and created a martyr.

The fiasco confirms the establishment’s power to admit and exclude. Their weapon of control is the discriminatory screens that welcome those who belong and bar others. Theirs is a parallel closeted universe that does yields access only to personal recognition.

Speaker Tambuwal was surprised that he now needed to introduce himself to the gate of the National Assembly. While he maintained the right affiliation, his open sesame invocation was effectual for every conceivable gate in Nigeria and he probably took that privilege for granted. Now out of the ruling party’s favour, he is discovering that he had belonged to a cult; that even mundane breathing constitutes difficulty for outlaws.

He did not know that the price for not belonging is begging at the beautiful gate. But that is where millions of us live.

• Emmanuel Uchenna Ugwu, immaugwu@gmail.com

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20

THE NATION MONDAY, NOVEMBER 24, 2014

CARTOON & LETTERS

S

IR: Our tertiary hospitals have been paralysed again because a group of people embarked on a nationwide strike.

Yesterday it was the doctors; today it is the non-doctors in the health sector. What is really wrong with our tertiary hospitals? Patients are dying in their numbers while this crisis subsists.

How many patients are required to die before this crisis will be nipped in the bud? We are still recovering from the effects of the last Nigerian Medical Association (NMA) nationwide strike. There is no way that this crisis will be solved if government continues its present pattern of resolving the crisis. The government can never please the two warring parties (the doctors and the non-doctors). It has come to a point that the government chooses one party and wield the big stick against the other party. Wielding the big stick can come in different ways like privatising all paramedical services in our tertiary health institutions.

Employment of the services of locum paramedical workers while JOHESU national strike lasts. The

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On the unending crisis in health sector governor of Lagos State, Babatunde Fashola, did it to doctors in the state. You may also ask Barrister Sullivan Chime how he brought to an end the incessant unrest in the Enugu State civil service headed by trade unionist, Osmond Ugwu.

What is really the bone of contention in the health sector? Nondoctors in the health sector discovered that medical doctors were ubiquitous and that there was little or no area of the hospital where doctors were not found hence any industrial action embarked upon by any individual profession in the health sector, the doctors there would make it uneventful. Owing to this, a group of devious professionals sat down and planned how

to form a coalition union comprising all non-doctors in the health sector such that they would be using their ‘mass effect’ to shut down the health sector anytime they went on strike.

Simply put, JOHESU was formed to fight medical doctors in our health institutions.

What are the demands of JOHESU members? They want to become chief medical directors of tertiary hospitals. Their hackneyed platitude is – ‘international best practices’. The law that established our tertiary hospitals made it compulsory that only fellows of either the National or West African Postgraduate Medical College and whose certificates are registrable with Medical and Dental Council

no form of harassment and the Speaker his boss held at the gate and even had to be teargased like a common criminal?

Only a while ago, security operatives were also used to lay siege at the Rivers State House of Assembly; during the governorship election in Osun State, it was the story of masked security operatives laying siege on the people – arresting party leaders, members and various stakeholders in breach of their constitutional rights.

I watched the scenario that played out at the National Assembly and I saw masked men! Why masked men? Security operatives should be

easily identifiable in case the need arises to call them to account.

Nigeria leaders should come together and call the Presidency to order; it is regrettable that the laws of the land are being disrespected at every turn. Few months ago, security operatives intercepted newspapers across the country. Are we gradually moving back to the dark days of dictatorship?

The laws of the land should be respected and any society that continuously disobeys its own laws would self-destruct.

The impunity at National Assembly

S

IR: Security operatives are not in any way supposed to be partisan in carrying out their duties. It is unfortunate that security operatives are now effective tools to carry out unlawful and unconstitutional acts against public officers and even the citizens at large.

The siege laid at the National Assembly is condemnable. The scenario at the National Assembly was a direct and dedicated act to impeach the Speaker of the House of Representatives, the Rt; Hon Aminu Tambuwal or else why would the deputy speaker drive into the assembly premises comfortably with

• Folawiyo Kareem Olajoku Osogbo, State of Osun

of Nigeria (MDCN) can occupy the posts of Chief Medical Directors but now these JOHESU members do not want to obey the rule again hence they want the goalpost to be changed at the middle of the game.

Will it not be an act of utter folly if medical doctors start struggling to head a drug manufacturing firm/plant? Can a professor of paralegal studies head the ministry of justice or our law courts no matter the many years of practis-

S

ing experience? If the answer is no, how then is it morally justifiable for paramedical professionals to come and head our tertiary hospitals? How can we then allow people that are trained to assist the doctors to now become the head of our tertiary health institutions?

Peace, they say, is not absence of war but presence of justice. Will pharmacists ever allow pharmacy technicians to head our pharmacy units in the hospital? Also, can the Bsc nurses allow the Registered Nurse (RN) or the auxiliary nurses to head their units? I am very sure that the medical laboratory scientists will never allow either the medical laboratory technicians or science laboratory technicians to head their units.

• Dr Paul John Port Harcourt, Rivers state.

Too many ID cards

IR: On one of those mornings my regular newspaper vendor could not deliver the morning papers at my home, I went to an alternate newsstand. But the vendor had not shown up. So, I decided to wait a bit. While waiting, I noticed a canopy with a banner not far away, and decided to see what went on. As I got closer, l could see written on the banner: “Do your National ID card. Pre-registration here.”

Unlike the crowd around venues for collection of permanent voter cards, the place was desolate. Nigerians must be wearied, I figured. The young man who sat there had a forlorn look. I asked him what the process was. He said I needed to pay N300 to fill a form, and after that I would go to a local government to collect the card.

I had a sneak peek at the many forms he had on his table. This National Identification Card promises other features, including that I could

use it as an ATM card. I paused for a while. Then, he asked me if I was ready. I gave him a wry smile. My hands were now in my pockets. The feel of my ATM card in my left pocket gave me a canny feeling. I also caressed my work ID card on my right pocket, and the naira bills cohabiting with it. I thought of my voter card, my driving licence, my travelling passport, my Lagos State Residents Registration Agency ID, my old rejected national ID card, my bank verification number, other ID cards of one association or the other, and with SIM registration, maybe, soon my phone will also be added to the mix.

And just then, the vendor showed up. As I made to meet the vendor, the young man asked, “Oga, are you not doing again?” Know what I told him? “Not now, Sunny, I have got an ‘idgraine’ headache!”

• Dr Cosmas Odoemena, Lagos.

21

THE NATION MONDAY, NOVEMBER 24, 2014

COMMENTS

T

WO days to the November 26 date for “Screening and Appeals” in connection with presidential hopefuls in the Peoples Democratic Party (PDP), it is beyond question that the scheduled exercise would be a non-event. Predictably, it may well be a day for further merriment among the stage managers, in celebration of a programmed outcome.

Such a conclusion reasonably follows from the reality that President Goodluck Jonathan is, by the look of things, the party’s recognised sole presidential aspirant and its arrowhead in the 2015 general elections. Indeed, perhaps it is unrealistic to refer to Jonathan as just an aspirant in the sense of someone seeking endorsement by his party, because he already enjoys the image of a chosen election candidate on account of the accepted exclusivity.

For the purpose of clarity, it is worth mentioning that Jonathan’s aspiration has enjoyed institutional protection and promotion to the disadvantage of any other person who might have been nursing a presidential dream on the party’s platform. He acknowledged this possibly unfair advantage in his November 11 Declaration Speech at the Eagle Square in Abuja. Jonathan said: “I am overwhelmed by the trust, confidence and support of the various organs of our party, the Board of Trustees, the National Caucus, the National Executive Committee, the National Working Committee, the PDP Governors Forum, members of the PDP Caucuses of the National Assembly, and others.” Interestingly, this suspiciously choreographed backing not only effectively foreclosed the conventional presidential primary to choose a candidate; it also makes nonsense of the publicised screening date.

Upon reflection, Jonathan’s stunning stage management may qualify as arguably the most systematically planned and methodically controlled pursuit of power in the country’s history of democratic politics, which should not necessarily be seen in constructive terms. He apparently got carried away when he said at the declaration ceremony: “So many things have inspired me in the

‘This was a tellingly appropriate question, and its import was apparently lost on Jonathan himself. Ironically and amusingly, he may not appreciate that he represents “the old ways”, meaning that to re-elect him would amount to a perpetuation of the same condemnable old ways’

W

ITH Goodluck Ebele Azikiwe Jonathan declaring his intention to contest the 2015 presidential elections under the aegis of the Peoples Democratic Party, one can safely assume who the principal combatants in the election will be; Jonathan versus Muhammadu Buhari.

The question now is which of the candidates who have offered themselves for this service can really do the job? Who can deliver for Nigeria? Who can get the results?

Fortunately, they both have occupied the post; one in a democratic dispensation and the other in a military regime. In the matter of choosing presidents, it is my opinion that there are three foundational qualities of a good and effective president namely; character, mission and vision and relationship-building expertise.

Subjected to the tests identified above; who can tackle the critical issues confronting this country? What did each do as incumbents of the office? Who possesses the essential qualities of a president?

Character is the defining quality of a good president. Character compels the holding of values and principles that would not be violated however uncomfortable the imminent situation might be. Having character involves making trade-offs between personal and national interest. For example, which president with character will declare his personal interest in running for a second-term of office on the same day and while school children, victims of a dastardly bomb attack were being buried and the whole country was in a somber mood? Remember that the country is still suffering from the Chibok experience which has now become a debacle.

Successful presidents make decisions and engage in activities based on their inner convictions not the mathematics of expediency. The absence of character ensures that a president cannot “walk the talk.” Neither can he “talk the walk” so that the options left to him are those that satisfy self-serving desires. Consequently, integrity and decency belong to the dogs!

Character also determines how a president will engage in the work of leadership. Presidents with character are noble and they handle issues with equanimity, grace and tact, while those with base character will resort to such tactics as manipulation, power plays, over-control, emotional outbursts and tirades that tear down anyone who provokes their ire. Remember the now infamous quote, “I don’t give a damn.” A president’s character gives a country the direction which he intends it to follow; a guiding map for action.

Finally, any and all behavior and all goals are not acceptable and the end does not justify the means. When presidents with highly developed characters are in power, they do not compartmentalize their lives, activities and utterances in other to act one way at home or in one situation and another way in the work place or outside. Real character permeates and influences the president’s entire life. Consistency and accountability are the watchwords.

A president has the responsibility for defining a country’s strategic mission and for the successful implementation of the mission as well as ensuring the implementation of the strategic vision. Before accepting responsibilities for the success of the mission, a president must have the capacity for envisioning future possibilities. Visionary presidents provide a compelling direction and focus. This ability to see the future is

‘Do you want to go back to the old ways?’ journey to this moment. I want to appreciate ordinary Nigerians, especially young people, for the solidarity shown to me by contributing their meagre resources to enable me arrive at this point. I appreciate the kind gesture of the Cattle Breeders Union, Miyetti Allah, and the Market Women Association, who encouraged me by coming together to contribute to the purchase of my Nomination form. In the same vein, I am touched by the National Association of Widows who also encouraged me with their widow’s mite.” It is a testimony to his script writing skill that his party’s November 15 date for “Return of Forms” by presidential aspirants was exclusively for him because everyone else was denied access to the relevant form. Against this background, it is food for thought that, by fixing a date for a so-called presidential screening, the party is trying to give the wrong impression that it had not already approved Jonathan’s candidacy. Now, why would the party apparently consider it important to project an appearance of propriety when it has all along been a model of subversion?

To think the unthinkable, is it possible that Jonathan could fail at this screening stage? Doesn’t having the prior backing of the party’s most influential organs and decision makers suggest that the advertised screening may be nothing but a smokescreen? In the event that Jonathan is unsuccessful at the screening show, he has a chance to appeal on the same date. What if the appeal fails? Of course, this is an unlikely scenario, not to say an impossible one. Remember, Jonathan is the one and only aspirant.

Who would be surprised if, at the party’s December 1011 “National Convention” where its presidential candidate is expected to formally emerge, Jonathan is officially given the ticket as if he had not always had it? Who is fooling whom? This is an inevitable question for both the puppeteer and the puppets. It would be intriguing to hear Jonathan’s speech at his party’s national convention, after the perfection of the execution of the mindblowing plot. It would be equally interesting to observe the response by party members to his address.

Birds of a feather flock together, they say; and this should largely explain Jonathan’s strikingly stage-managed emergence as PDP’s presidential candidate in the coming elections. It is a tale that has further exposed not only the party’s fundamentally flawed character but also its flawless darkness.

It is worth mentioning that Jonathan said he “accepted to re-present” himself for re-election as president “after seeking the face of God, in quiet reflection with my family and having listened to the call of our people nationwide to run.” The speech itself had a theatrical quality, quite distinct from the dramatic aspects of the delivery.

In particular, Jonathan’s adoption of striking performance techniques, specifically, repetition and refrain, deserves serious reflection.

At some point in his speech, Jonathan repetitively employed a rhetorical question: “Do you want to go back to the old ways?” This was a tellingly appropriate question, and its import was apparently lost on Jonathan himself. Ironically and amusingly, he may not appreciate that he represents “the old ways”, meaning that to reelect him would amount to a perpetuation of the same condemnable old ways. It is worrying that this truth possibly eluded him; it is even more unsettling that perhaps he simply ignored the unmistakable and undeniable reality.

Thankfully, Jonathan also introduced a refrain that provided an answer. “We cannot go back to the old ways!” he repeated a number of times. Similarly, it would appear that he missed the significance of his own line. In a profound sense, it could be interpreted as an unwitting admission of the failure of his administration and a suggestion of removal.

Probably for effect, Jonathan added: “We have to move forward! Only forward!! My dear people, Forward!!!”

The people should be thankful not only for his rare realisation of the way to go, but also for its public verbalisation. Could this mean that Jonathan has finally seen the light and recognised that he is standing in the dark?

Does he grasp the fundamental implication that in order “to move forward’, the people would need to dump him?

Why Buhari’s Nigeria’s best choice

By Angelicus-M. B. Onasanya characterized by insights about future trends, needs, opportunities, and barriers. The visionary president sees the future (live and in living colour), develops a mission and strategy for getting to that future, and establishes a plan for articulating and selling that vision to others.

A president’s ability and need to understand the circumstances of his people is determined by his ability to simultaneously assess all the aspects of the environment after which a good dosage of intelligence, knowledge, wisdom, resilience, commitment and consistency are applied to what has been discerned. The resulting picture of the purpose or the desired endstate leads to the goals that support and lead to the fulfillment of the purpose. If the vision is appropriate, then it leads to the greater good of the community and not just for a select few.

Buhari’s strategic mission and vision are evident in his often quoted statement which I paraphrase as “one united and prosperous Nigeria where all can attain the heights of their desires.” He has not changed this focus. These are simple enough and give focus of direction for Nigeria. The staccato “transformation agenda” of President Jonathan, on the other hand, is all hoopla. It is an agenda that offers no sense of direction and is more in line with Josef Goebbels dictum of “a lie told a thousand times becomes the truth.”

Effective presidents present missions and vision statements that inspire the hopes and actions of their people; yesterday, today and in the future by tying it to national purpose and strategic direction.

Some would prefer to call relationship building expertise “building bridges” that span a nation’s divide; critical quality when diversity is an important ingredient in the life of a country. Relationship building expertise refers to how president’s work with the diverse segments of their societies (employees, associates, team members, clients, suppliers, partners, communities, parliaments, senators, royalty, and countless others) to get the job done. As indicated earlier, good presidents know how to inspire and motivate others to participate in implementing the mission and the vision.

When a young President John F. Kennedy challenged Americans in his inaugural speech to “Ask not what your country can do for you; ask what you can do for your country,” millions of Americans were inspired into action. They created or joined organisations that gave back to the country or the world. A notable example is the Peace Corps. This is what relationship building expertise is made of; the ability to galvanize people into purposeful action.

Using relationship building expertise to inspire others implies the ability to create environments that provide resources that give the people the incentive to bring and do their best to the fore. A president that has this quality is able to capitalize on his people’s strengths and talents while improving and strengthening areas that need development. The ensuing culture must be hospitable and accommodating to all.

In a country like Nigeria where diversity abounds in all its ramifications, the value of divergent thoughts, ideas and perspectives cannot be over-emphasized. These perspectives sharpen a country’s strategic mission and vision and increase the country’s ability to effectively participate in the world comity of nations. Consequently, a good president must possess good relationship building expertise so that inclusive environments where all members are valued, respected and fully utilized are in existence.

Against all odds and the prognostications of political pundits, Buhari has galvanized a group of progressives into an effective political opposition in Nigeria that he hopes to lead into election victory in 2015. Newspaper reports confirm the challenges and difficulties of the venture; but the mission and vision continue to guide his efforts via relationship building.

On the other hand, newspaper reports continue to show that President Jonathan has not been able to harness his PDP party because it is an assemblage of “homogeneous” people (in the image of the President) who cannot challenge themselves into new heights as a result of which both president and party members have the same blind spots. They are not comfortable with diversity of thoughts, ideas, and/or people. The PDP governor that “delivered” was hounded out of the party and out of any body that gives him relevance. The Speaker of the House of Representatives has just defected from the party and intrigues, manipulations and sinister efforts are being fashioned against him starting with the removal of his security detail.

Good presidents cannot afford to lose high quality talent unnecessarily. They must find and cultivate ways to encourage, dialogue, collaborate and enhance performance. Keeping a positive focus on listening to, including, and developing others is essential.

From the fore-going, the choice in the 2015 Presidential election is apparent; Muhammadu Buhari. He encapsulates the three foundational qualities of a good president. Nigerians cannot afford to miss the opportunity for a clear and purposeful decision in 2015.

Personally, I feel convinced that were the Jonathan administration to be given the opportunity to manage the Atlantic Ocean, in a matter of months, we will have no ocean to speak about. A worse problem is that no one will be able to explain to the world where the waters all went! Such has been the trend and Nigeria can longer afford it!

• Onasanya lives in Ijebu-Ode, Ogun State

‘Buhari’s strategic mission and vision are evident in his often quoted statement which I paraphrase as “one united and prosperous Nigeria where all can attain the heights of their desires.” He has not changed this focus’

THE NATION MONDAY, NOVEMBER 24, 2014

22

COMMENTS

F

ISCAL policies to cut down spending on wastages, luxury goods and conspicuous consumption are not entirely new to this country. They were very familiar slogans when the military held sway in our politics. In the early 80s or thereabout, the word ‘austerity’ was such a household name that even the illiterate had to add their own accent to it. That was the time all manner of goods including the ones we had comparative advantage to produce flooded the shores of the country.

It became a regular feature of every national budget then to either ban or impose high tariffs on these goods to discourage the unbridled thirst for things that are foreign and encourage domestic production. This was the period tooth picks and all manner of materials with local substitutes were dumped on the country.

The adoption of some form of autarky as a model for economic development has before now, been realized in this country. What has been lacking is policy consistency in this regard. Overtime, the country has vacillated from one policy direction to the other. From import restrictions and bans, we are now left with trade liberalization as a result of the globalization of the world economy. Ironically, this is a country where economic principles have oftentimes not been able to follow predictable patterns ether on account of pervading corruption or the ‘Nigerian factor’.

When last week therefore, minister of finance, Dr. Ngozi Okonjo-Iweala rolled out measures to stave off the effects of the falling oil price, she was only re-enacting the very familiar era of austerity measures. According to her, the measures were a response to events in the international oil market because of the importance of the commodity to the country’s economy.

They among others included, the freezing of foreign travels for civil servants, slashing of the budget oil benchmark and drop in capital projects financing. She said the decline had given additional impetus to the federal government to focus on non-oil revenue generation. “This economy has to stop talking about oil”, she said. The collection target for the Federal Inland Revenue Service FIRS has therefore been upped from its current N75 billion this year to N160 billion in 2015.

Investment in infrastructure, job creation and security will not change, but there will be prioritized investment in those with significant economic impact such as the LagosIbadan expressway, Second Niger Bridge and rail projects. Okonjo-Iweala said she was not sure the direction to take with taxes but a key initiative on the revenue side is a surcharge

Emeka OMEIHE 08112662675 email: EmekaOmeihe@yahoo.com

Okonjo-Iweala’s austerity measures on luxury items.

There will be surcharges on such luxury goods as champagne, private jets and yachts so that the wealthy can contribute more to the national treasury.

Ordinarily, the new measures announced by the minister would have qualified as a veritable step in a right direction. But they cannot be so ascribed. This is so for the simple fact that the reasons adduced to support their introduction at this point in time, are nothing new. Neither are the issues raised entirely novel. That we can no longer afford to solely depend on oil revenue for our national survival is a trite statement. So also is the realization of the need to diversify our national revenue base.

When therefore the minister came out to rehearse these well known facts, not many a Nigerian heard anything anew. Rather, it was more of self indictment since the impression conveyed was that the minister was either coming to terms with that reality so belatedly or failed to address the matter until the current decline in oil price compelled her. Did we really have to wait for the current fall in oil price before realizing the imperative of the measures? That is the moot issue that has arisen from the pontification of OkonjoIweala on the matter of cutting spending on luxury goods and exploring alternative sources of revenue generation.

Moreover, it is obvious from the panicky measures that there have been lapses and tardiness in plugging some of the drain pipes in our national revenue drive. Must it take the decline in oil price to detect some of unwholesome practices that go on within the civil service in the name of foreign training and sun-

R

ECENTLY, Pastor Tunde Bakare of the Latter Rain Assembly marked his 60 th birthday in Lagos. The Governor of Ogun State, Senator Ibikunle Amosun, was part of the celebration. Pastor Bakare hails from Abeokuta, the capital of Ogun State. After the exchange of pleasantries, did the pastor say anything further to the Governor, especially at the end of the event?

I read the elaborate interview Pastor Bakare granted The News ahead of his 60th anniversary (the 27 October, 2014 edition of the magazine). This is the story of the servant of God. “I left primary school and my mother looked up and down and said it was better for me to go and learn a trade since she could not afford a secondary school education for me. I was taken to a carpenter’s shed to learn carpentry. While I was learning the carpentry, Mr. Samuel Ade Ogunniyi was my Primary 6 teacher. He went home looking for me, saying: “That boy that passed through my class had a bright future and was extremely intelligent. Whatever it would take, his mother must do everything to make him go to school.” And he took me to his farm. After school, we would work in his farm. Then he became the headmaster and told me: ‘I would be paying you to teach Primary 4 pupils in the evening.’

“It was the final day. I stood on the platform and our school principal, Mr Martins Oladipo, was giving prizes to brilliant students. And the prizes all had my name. He would mention the name and I would climb to take the prize. Then he said, ‘Why do you go down? All the names I see here are more or less yours. So just stand.’ And then I turned back and to look at my mother; she was crying and I was crying because that life could have been wasted...

“When my mother turned 100, we had a breakfast meeting at home and she said she didn’t want a party. So I asked her what she liked and she said she wanted me to give 100 scholarships. That was what she wanted and she told me to continue. She said I should not do any funfair when she died but that I should just give back to better others.”

‘Very soon, the Model Secondary School, Ogijo will be open to students of public schools in Ogun State. It will be the first among the first 12 - there are 26 of them across the state. It is one iconic gesture by Amosun to smash social stratification; a loud statement against policies skewed against the masses’

dry foreign travels? I do not think it should be so. Neither can it be reasonably argued that it is the fall in price that opened the eyes of the government to the abuse such travels has been subjected to overtime.

There could be more of such abuses within the public service which the government should identify and plug without waiting for another slide in the price of oil.

It is still heart-refreshing that our government is seriously concerned about the danger posed to the nation’s economy by our sole dependence on oil revenue. Much of the current political problems facing the nation have their roots in the unbridled quest to control this sole revenue source for the purposes of what erudite scholar, Richard Joseph called prebendalism. The desire to stave off the omnipotence of the central authority in revenue control and diversify its base has been the strongest case for devolution of powers and fiscal autonomy for the states.

It is good a thing that government is now worried at the yawning gap between the rich and the poor through its decision to impose higher taxes on goods and services consumed by the former. Ironically, many of those flaunting their wealth through the acquisition of private jets and yachts came about their current positions through the inefficiencies in the management of our oil wealth. We cannot forget in a hurry, the monumental fraud that had gone on in the system in the name of payments for oil subsidy when no fuel was supplied by sundry unscrupulous persons and contactors. It is a credit to this administration that some level of sanity has been restored to the subsidy

payment regime. There are more of such leakages that have to be plugged if this country is to make real progress.

The stupendous wealth paraded by some Nigerians in the face of want by a majority of the people has become a big scandal that cannot be allowed to continue. Ironically, the glaring inefficiencies in our tax system have left many of such people paying little or no taxes at all. Ways have to be devised to ensure that this category of people pay taxes commensurate with the wealth they parade aside from the taxes on private jets, champagne and yachts.

However, the decision to increase internal revenue generation from N75 billion in the current year to N160 billion in 2015 is too ambitious. It is only hoped that the poor will not be worse for it through the imposition of a multiplicity of taxes and rates by the various levels of government. Good a thing, the cut in capital projects will not affect investments in infrastructure, job creation, the second Niger Bridge and the construction of the Lagos-Ibadan expressway.

The government is worried about the nation’s sole reliance on oil revenue for its development projects. Ironically, our leaders’ financial conduct has failed to take into account the fact that this commodity is exhaustible. The current slide in oil price should serve a sufficient signal that the days of oil boom are fast running out. The choice is either to deploy our current earnings to lift the country in the development matrix or live in penury for ever when oil is gone.

‘The stupendous wealth paraded by some Nigerians in the face of want by a majority of the people has become a big scandal that cannot be allowed to continue. Ironically, the glaring inefficiencies in our tax system have left many of such people paying little or no taxes at all. Ways have to be devised to ensure that this category of people pay taxes commensurate with the wealth they parade aside from the taxes on private jets, champagne and yachts’

What did Pastor Bakare say to Amosun?

By Soyombo Opeyemi So, Tunde Bakare could have ended up a carpenter with little education but for the intervention of Mr Ogunniyi! Given this background, as reported in The News and the value the man of God and his mother place on education, it will not be surprising if Bakare made some remarks to Amosun on the latter’s free education policy, which has given hope and future to thousands of Ogun children, as they parted after the wellattended ceremony in Lagos? But if he did not, then I must admit some failure on our part for the public image of “Amosun as a Governor that Excels majorly in Infrastructure - roads and bridges.”

This public image has been slanted by the opposition to give the impression that Amosun only stands out in the provision of massive infrastructure, which they mischievously narrow down to roads and bridges. Of course, they would have loved to deny that Amosun ever invested in infrastructure or did anything at all but for the fact that these roads and flyovers in all the major cities are visible to the eyes.

What about the world-class model schools which have redefined the landscape of Ogun State, narrowed the gap between the children of the rich and the poor and made private schools green with envy? What about the massive land-clearing equipment for mechanised agriculture - the scale never witnessed in the annals of the state? What about the model primary health care, Gbomoro and investment in health care equipment? Why should they always push to the background the state-of-the-art Armoured Personnel Carriers, the very latest technology in the world, imported to Nigeria for the first time by the current Ogun administration and hundreds of Hilux vans fitted with modern communication gadgets, which have been used by the highly motivated law enforcement officers to restore peace and tranquility to the state and has now led to Ogun State moving from F9 in 2010 to A1 in 2014 in the rating of the global body, the World Bank? Must we not talk about the blockage of the loopholes inherent in the old system, which has moved the state’s IGR from the highest of N730m per month to the current record of N5 billion per month? Must we forget also that the Amosun government is the only one in Nigeria that implemented the

Minimum Wage (of N18,250) across board and paid up to Local Government level?

Yes, it is true that Amosun invested in infrastructure in a scale unprecedented since the creation of the state in 1976.

And Pastor Bakare, who is very frugal with praises, acknowledged this when he came to the Governor’s Office sometime ago. “No one would have thought these things were doable,” he said.

Perhaps it is not so much of failure on our part because, unlike roads, houses, hospitals and bridges, investment in education is not what you can touch with your hands except the school buildings. But the Amosun administration has achieved more in education than any other sector. When people laud his exemplary success in infrastructure, it does not mean he has solved all the problems of infrastructure in the state. In the same vein, when we say the administration has secured outstanding success in education, it does not imply he has solved all the inherited problems in the sector. But today, to the glory of God, Amosun has provided free education to all the pupils of public schools from primary to secondary level, which includes distribution of free standard textbooks. The last time people of the state enjoyed free education was in the second republic under the leadership of Chief Bisi Onabanjo (of blessed memory). That was over a generation ago. So what happened to the children of the poor in the intervening years? How many Pastor Bakares have been lost to ignorance due to the inability of their parents to pay school fees before Amosun became the governor? How many destinies have been aborted, corrupted or destroyed due to lack of access to basic education?

Very soon, the Model Secondary School, Ogijo will be open to students of public schools in Ogun State. It will be the first among the first 12 - there are 26 of them across the state. It is one iconic gesture by Amosun to smash social stratification; a loud statement against policies skewed against the masses in Nigeria. How then will those who, while in power, shared the resources of the state expect the same masses to vote for them when Amosun, who lifted the social status of their children, is still in the saddle and ready to continue the good work for another four years? Wishful thinking that must be.

I congratulate Pastor Bakare on his 60th birthday and wish him additional 60 years in the Vineyard of God. •Soyombo writes from Abeokuta

THE NATION MONDAY, NOVEMBER 24, 2014

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THE NATION MONDAY, NOVEMBER 24, 2014

BUSINESS THE NATION

E-mail:- bussiness@thenationonlineng.net

JOBS

ISSUES

A new dawn for pensioners?

- P. 29 News Briefing Nigerian Content Fund to hit $1b THE Nigerian Content Development and Monitoring Board (NCDMB) has said its special fund, Nigerian Content Fund, is expected to double to $1 billion by 2017 from $500 million.

–Page 26

SON to certify SMEs for export CONCERNED about the high scrutiny given madein-Nigeria goods at the global market as a result of poor quality and packaging, the Standards Organisation of Nigeria (SON) has concluded plans to certify Small and Medium Enterprises (SMEs) in the country to prepare them for export.

–Page 27

‘50% accidents reduction achievable’

Sovereign Wealth Funds are managed conservatively.

They don’t borrow money the way banks do, so you can’t compare this business to banking business. This business does not expose itself to that kind of risk. It is not the same thing as private equity •Managing Director/CEO, NSI A, Uche Orji

Jobs as firms adopt safety valves - P. 35

Stock Exchange uncovers brokers’ ‘sharp practice’

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HE Nigerian Stock Ex change (NSE) has dis covered how some stockbrokers surreptitiously move share prices of stocks by circumventing the price movement rule.

Stocks at the NSE are categorised under “high-priced stocks” and “others”. The high-priced stocks, otherwise known as Group A are stocks that trade at N100 and above while the other stocks, known as Group B are stocks trading below N100.

Article 100(d)(2) of the Rules and Regulations Governing Dealing MembersAmendments and Additions Part I stipulates the pricing methodology rule for the groups of stocks, outlining price movements and price limits and minimum quantity traded that will change

By Taofeek Salako

the published price of a stock.

For any price movement, a minimum of 10,000 shares is required for stocks under “high-priced stocks” trading at N100 and above while a minimum of 50,000 shares is required for others trading below N100.

Trade and price surveillance by the NSE has discovered that some stockbrokers circumvent the general price movement rule by splitting their orders and engaging in deceptive trade to move the share prices of stocks without the required volumes.

NSE source said some stockbrokers were seen entering orders in small volumes to moving prices of stocks during the pre-open auction session.

The practice variously referred to as churning, deceptive trading and fictitious trading, is prohibited by Article 104A of the Rules and Regulations Governing Dealing Members-Amendments and Additions Part I, which forbids stockbrokers from engaging in transactions with the primary purpose to unduly or improperly influence the market price of securities.

The NSE, according to the source, has compiled a list of such infractions and sent circular to all stockbrokers to warn them, preparatory to imposing sanctions on brokers that continue to engage in such practice.

According to the Exchange, the entry of small volumes has the effect of circumventing the provisions

of Article 100 and improperly influencing the market price of securities and will henceforth be treated as violation of Article 104A. There are 13 stocks designated as “high-priced stocks” by the NSE. These include Seven-Up Bottling Company (7-Up), Dangote Cement Plc, Guinness Plc, Mobil Plc, Nestle Plc, Nigerian Breweries Plc, SIM Capital Fund, Skye Shelter Fund, Nigerian Energy Sector Fund (NESF), Total Nigeria Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and Forte Oil Plc. In 2012, the NSE had alongside the introduction of market making, introduced a pilot programme under which stockbrokers could move prices of “high priced stocks” with 10,000

‘Private investment in agric infrastructure vital’

THE target of reducing road deaths by 50 per cent by 2015 as set out in the Accra Declaration (2007) by African Heads of States and Governments, and the United Nations Decade of Action for Road Safety: 2011-2020 is attainable, the Federal Road Safety Corps (FRSC) Boboye Oyeyemi –Page 40 has said.

By Daniel Essiet

A

DATA STREAM COMMODITY PRICES Oil Cocoa

-$117.4/barrel -$2,686.35/metric ton

Coffee

- ¢132.70/pound

Cotton

- ¢95.17pound

Gold Sugar

-$1,396.9/troy -$163/lb RATES

Inflation

-8.2%

Treasury Bills-10.58%(91d) Maximum lending -30% Prime lending

-15.87%

Savings rate

-3%

91-day NTB

-15%

Time Deposit

-5.49%

MPR

-12%

Foreign Reserve

$39.6b

FOREX CFA

-0.2958

EUR

-206.9

£

-242.1

$

-156

¥

-1.9179

SDR

-238

RIYAL

-40.472

shares as against the operating rule of 50,000 shares for the movement of share prices of other stocks.

The inclusion of 7-Up, the last stock to be so designated by the NSE, followed a review by the management of the NSE, which shown that 7-Up has met the criteria for the blue chip group.

Head, Market Surveillance, at the NSE, Mr. Abimbola Babalola, said analysis of trading of 7-Up had indicated that in the last six months, the company has met the criteria set by the Exchange for “high priced stocks” category.

He noted that the introduction of the new category was part of the Exchange’s commitment to improve liquidity and deepen the market.

• From left: Team Lead, Liability Generation Unit, FirstBank, Maxwell Ezenwa; Group Head, Retail Banking, Warri, Austin Agbahiwe; past winner of FirstBank Savings Promo, Luri Florence; and Business Development Manager Warri 1, FirstBank, Kenneth Anyalechi, at the bank’s Savings Bonanza monthly draw in Asaba.

Govt may okay renewable energy policy soon

T

HE Federal Executive Council (FEC) may in the next few weeks approve the renewable energy and efficiency policy formulated to ensure optimal use of electricity generated through natural sources, such as solar and coal, The Nation has learnt.

The nod, it was gathered, will set the tone for other measures needed to be taken to fast-track the implementation of the policy which would make Nigeria maximise the opportunities in offgrid method of power generation and distribution.

According to sources, the government is interested in

By Akinola Ajibade

giving the policy the desired approval, as part of efforts to kick-start the country’s journey into full adoption of renewable energy as alternative means of generating power.

Confirming the development, the Special Adviser to the Minister of Power on Investments, Finance and Donor, Olajunwon Olaleye, said plans were underway to give policy direction to the provision and use of renewable energy in the country.

Olajunwon said the policy had been presented to the Federal Executive Council

(FEC) for approval, adding that the Council might endorse the policy in the next 30 days.

He said after this, the policy would be taken to the National Assembly for deliberations and subsequent passage into law, adding that the decision of the National Assembly would determine when the policy would come on stream.

He said: “The policy has been drafted, reviewed by the Ministerial Committee on Power and presented to the Federal Executive Council.

“The policy will help in definining and facilitating

the adoption of energy mix which the government has been advocating for in the country. ‘’Electricity standards are going to be set in the area of renewable energy through the policy. On the efficiency side, the policy is going to set consumption standards.

“Right now, people use all sorts of bulbs, without considering the implications; but when the policy takes effect, it would bring about a reduction of about one third of power consumption. This would be availabe for manufacturing companies to boost their production.‘’

N expert, Dr Ademola Adeyemo, has called for increased private sector investment in the provision of agricultural infrastructure to boost food production.

He said though the government is making efforts to improve infrastructure, there was need for private investors in infrastructure to promote an environment conducive to investors.

Adeyemo, who is a Deputy Director, Department of General Administration, Agricultural and Rural Management Training Institute (ARMTI), Ilorin, Kwara State, said infrastructure investment is a priority, adding that there is need to foster collaboration between the public and private sectors in this direction.

With the government’s quest to speed up the implementation of the Agricultural Transformation agenda, Adeyemo reiterated that efforts must be made to improve the investment climate, reduce barriers to investment, and help match investors with projects.

With the aim of prompting economic growth, he said infrastructure would work to motivate major institutional investors – banks, pension funds and others – to provide long-term capital to the agric sector.

According to him, there are infrastructure obstacles in developing agriculture, which require a string of major infrastructure projects to support new projects across the agric value chain.

THE NATION MONDAY, NOVEMBER 24, 2014

26

BUSINESS NEWS Experts differ on trade fair gains

O

PINIONS are sharply divided over whether or not the just-concluded Lagos International Fair lived up to its billing.

Vice President, Lagos Chamber of Commerce and Industry (LCCI) and Chairman, Trade Promotion Board, Chief Michael Olawale-Cole, said the fair offered businesses the opportunity of visibility, with some business deals sealed.

He said this was moreso with the nation’s rebased economy, which is set to attract foreign direct investment (FDI) into the economy.

He recalled that the fair had been handled in the last 28 years by the LCCI and in each case, it attracted businesses and participants from China, India, Pakistan, Jordan, the European Union, Hong Kong, Indonesia, Cameroon, Ghana and other countries in Africa.

He said with the rebased GDP of $510 billion, which makes Nigeria a force to be reckoned with in Africa, the country is now a beautiful bride for investors from across the globe wishing to tap into the huge potentials therein. He said although, Nigeria, unfortunately, has over the years, given too much attention to oil and gas sector, neglecting the solid mineral sector and indeed other non oil sectors of the economy, opportunities abound in the country if infrastructure such as roads, electricity, security and generally the business environment are improved.

LCCI President, Alhaji Remi Bello, agrees with him, noting that inadequate infrastructure remains a major impediment to investment in the country. He listed poor

By Okwy Iroegbu-Chikezie

public power supply, substandard and fake products, high cost of funds, and inconsistent policies as some of the factors militating against FDI inflow.

However, many exhibitors were disenchanted with the organisation of the fair over issues ranging from multiple fees, late allocation of stand, limited entry/exit point and even the venue.

The venue of this year’s fair was shifted from the Lagos International Trade Fair Complex (LITFC) on the Badagry Expressway, which has all the necessary facilities for hosting international business conventions.

A the stand of Tripef Global Limited, a water purifying company, the manager noted that turnout was quite low in comparison with previous editions held at the LITFC. According to the manager, who declined to be mentioned, “We have been taking part in the fair, but this year we did not see many buyers. I think the location affected it because many people find it difficult to come to the Island.”

The story was the same at Honda Generators stand.

The stand supervisor observed that the fair did not have the usual busy and crowded feature and that sales were low.

He said: “May be the economy has affected this year’s fair as people did not have money to spend. Even though we have discounted the prices of our products, patronage was still not encouraging. Our discount offers ranged from between 10 to 25 per cent just to encourage customers to buy.”

‘Why govt is developing cargo business‘

E

FFORTS to reduce de pendence on revenues from crude oil, create jobs have been identified as some of the reasons the Federal Government is developing cargo business in the country.

The construction of about 14 agro allied terminals, it was learnt, is being pursued as part of infrastructure development in the sector.

The agro-allied terminals are under construction in Makurdi, Asaba, Port Harcourt, Jigawa, Yola, Sokoto, Kano, Kaduna, and others. The terminals have reached various stages of completion.

Senior Special Assistant to the President on Aviation Matters, Captain Shehu Usman Iyal, said the government was not leaving anything to chance in the development of cargo business.

He said: “The administration is rising up to the growing cargo challenge. We are now constructing agriculture and cargo terminals whereby the products of the farmers can be easily moved to where they are going to be sold.

“These airports are being constructed in Lagos, Makurdi and Jos and some of them have reached very advanced stages of completion, which is a very good thing for the agricultural sector. It will also boost the creation of jobs for Nigerian farmers and other people associated

By Kelvin Osa-Okunbor

with it.”

He said as part of the administration’s desire to change the aesthetics of the airports and bring them up to international standard, it embarked on a comprehensive remodelling of airports and the conception of new airports.

“We can see the visible impact of this as we travel across the country from Lagos to Enugu, Port Harcourt, Kano and other states. In the last six years, there has been an appreciable increase in the number of airlines flying into the country,” he said.

The government, through the relevant agencies, installed scanners at the airports in addition to passengers and staff profiling. There is also the construction of new terminals in states, such as Lagos, Abuja, Port Harcourt, Kano and Enugu. The Federal Airports Authority of Nigeria (FAAN) has also taken over new airports that were owned by the states.

Iyal further said: “They are also doing aggressive training for Nigerians.

The Nigeria College of Aviation Technology (NCAT) unlike what it used to be some years ago when it was moribund and almost dead, has been totally rehabilitated and overhauled.

• Executive Director, Small & Medium Enterprise, Bank of Industry (BoI), Waheed Olagunju (left); Managing Director/Chief Executive Officer, Rasheed Olaoluwa; and Executive Director, Large Enterprise, Alhaji Mohammed Alkali during the signing of a service agreement between the bank and Business Development Service Providers (BDSPs) in Lagos ... at the weekend.

Nigerian Content Fund to hit $1b by 2017

T

HE Nigerian Content Development and Monitoring Board (NCDMB) has said its special fund, Nigerian Content Fund, is expected to double to $1 billion by 2017 from $500 million.

Oil and gas industry stakeholders say this is good news for indigenous oil firms because access to funds from financial institutions has been a major challenge to them. With the Fund, which stands as guarantee and collateral, its increase means more access to funds by more local firms.

The Executive Secretary, NCDMB, Ernest Nwapa, who spoke to The Nation at the just-concluded fourth yearly ‘Practical Nigerian Content Forum’in Yenagoa, the Bayelsa State capital, said the Fund was expected to grow to $1 billion by 2017.

He said: “This Fund started four years ago as a zero Fund

By Emeka Ugwuanyi

but today, we are looking at half a billion dollars and we believe that in the next two years, that Fund will hit $1 billion.”

On how much has been spent from the Fund as interventions for oil firms, Nwapa said the Fund was not meant to be depleted because it acts as partial guarantor for oil firms.

He said: “Partial guarantee is a simple model. Banks are designed to give loans and the Nigerian Content Board has, under its administration a Fund derived from one per cent of all upstream contracts. The Board doesn’t have the capacity to operate as a bank, so what we have done is to put the money in banks but the banks don’t lend the money.

“The banks lend their money and use the Fund as a form of guarantee to

strengthen their confidence and the collaterals from the beneficiary oil firms.

“That is what the banks are doing and that is what you will begin to see increasingly.

“Beyond that, if you are buying stock for the oil and gas sector and you are doing capacity building in that regard, your interest rate is rebated to the tune of 50 per cent and that is a major improvement in the situation that we used to have.

“For instance, if your bank gives you 18 per cent interest rate, the Fund will take nine per cent the moment you start repaying the loan. This is what we are doing and we are doing a lot to educate the Nigerian populace about this because it is a major game changer for loans from banks.”

He noted: “Many of the loans that are being taken are being taken because the banks have confidence they

have our money in their pockets. Therefore, you wouldn’t be able to know much of it that has been spent because 70 per cent of the entire Fund is intact and nobody will take a dime from it.”

He stated that the 30 per cent side of the Fund is being used for the oil and gas park and Polaku pipe mill, among others. “We have already bought land and have started doing sand-filling in the Polaku project, we have finished the conceptual design for the pipe mill and the same thing for the headquarters building. Those are the direct interventions of the Fund but for the guarantee section, if any of the banks that are the custodians of the Fund wants to give a loan to the oil and gas service companies, they apply that Fund as 30 per cent guarantee to enable them to give their own money. This is the way it is linked,” he added.

Growing youth unemployment worries Dangote

P

RESIDENT, Dangote Group, Alhaji Aliko Dangote, has expressed worries over growing youth unemployment in the country, arguing that it is a curious paradox that an economy that is the largest in Africa could have this high unemployment rate.

Dangote, who spoke in Lagos at the National Summit on Entrepreneurship and Innovation with Entrepreneurship, job creation and poverty reduction as its theme, said: “The theme is quite apt, as the three terms are clearly interwoven. Entrepreneurs create jobs and when people are gainfully employed, the

By Chikodi Okereocha

incidence of poverty is greatly reduced.”

He said: “This forum is coming at a time when Nigeria has been rated the largest economy in Africa with a Gross Domestic Product (GDP) of $510 billion (well above South Africa’s $350billion); the 26th largest economy in the world; and the leading destination for investment in Africa.”

Despite these excellent achievements, he said, the level of unemployment in the country remains high, lamenting that ‘reports put Nigeria’s unemployment rate at about 24 per cent.’

The job creation figure released by the National Bureau of Statistics (NBS) last September showed that the economy created 500,224 jobs across the country in the first six months of the year.

He said: “More efforts are obviously needed in view of the large army of unemployed Nigerians, particularly graduates, roaming the streets in search of often elusive whitecollar jobs. As you may well imagine, this has a lot of security implications for the country.”

Represented by the Group Executive Director, Stakeholders’ Management & Corporate Communications, Dangote Industries Ltd,

Mansur Ahmed, he urged the young and upcoming entrepreneurs to focus on achieving their dreams despite the many challenges of doing business in the country.

He said the young entrepreneurs should focus on achieving their goals of establishing their businesses instead of dwelling on the challenges militating against their enterprises.

According to him, all entrepreneurs in the country face similar challenges therefore, focus should be on finding ways of making their business succeed and move forward, rather than dwelling on constraints.

How to transform the economy, by MAN

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HE Manufacturers As sociation of Nigeria (MAN) has challenged the federal and state governments to pay greater attention to promoting scientific and technical education in order to lay a solid foundation for the nation’s economic transformation.

Speaking with The Nation, its President, Dr Frank Jacobs, said government at all levels must, as a matter of urgency, prioritise science-based education to key into the 21st century global economy which is knowledge-based.

According to him, knowl-

By Toba Agboola

edge as a factor of production made a paradigm shift from reliance on primary products possible. This he said had little or no value addition and limited employment capacity to modern industrial production, which in turn will expand job creation and employment opportunities.

Jacobs said the nation presently needs a strong technical education system that would produce graduates with requisite skills required by manufacturing industries.

He regretted that the scientific knowledge at the upper end

is still limited following the disconnect between products of the nation’s universities and manpower needs of the industries.

This, Jacobs observed, negatively affects the building of synergy which both institutions earnestly need for greater industrial output and resultant job creation.

He urged universities to look inward in curriculum design as well as policy formulation to ensure that graduates churned out yearly have the skills that make them employable on graduation.

On the effects of poor pub-

lic power supply on industrial growth, Jacobs said the present condition of manufacturers in the country is pathetic.

He said: “The efforts of government have continued to totter. We are speedily losing hope. Millions of Nigerians now use generators of varying sizes, spending millions of naira to fuel them.”

He said the electricity crisis is the most important crisis facing the nation as all firms operating experience power outages with 85 per cent of them owning generators as alternative source of power generation.

THE NATION MONDAY, NOVEMBER 24, 2014

27

BUSINESS NEWS

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ONCERNED about the high scrutiny given made-in-Nigeria goods at the global market as a result of poor quality and packaging, the Standards Organisation of Nigeria (SON) has concluded plans to certify Small and Medium Enterprises (SMEs) in the country to prepare them for export.

Its Director-General, Dr. Joseph Odumodu, explained that this move by SON is intended to end indigeneous goods being rejected in the international market, stressing that the situation brings to losses to the economy.

He said this during a courtesy visit by the National President, Nigerian Association of Chamber of Commerce,

SON to certify SMEs for export

By Toba Agboola

Industry Mines and Agriculture, Alhaji Mohammed Abubakar to SON in Lagos.

“We have found that apart from the challenges of funding and poor management facing SMEs, we found out that what makes the SMEs fit for export is not just the product to meet Nigerian standards but also meet international standards. We intend to work with SMEs going forward to build them to international standards,”

he said.

“When you look at the economies of the developed world, they have succeeded in building for the world, so our mantra is to ensure we make made in Nigeria products acceptable all over the world,” he added.

He said its accredited laboratory is for a specific competence, which boasts of carrying chemical and biological testing for agricultural products in the country.

“It is not everything we have got so

far, but if we have waited for Nigeria’s accreditation body, it would have taken us about two years to achieve the accreditation of our laboratory. This is the first time a Nigerian laboratory is being accredited and it is something worth celebrating because it saves us a lot of cost from our goods being destroyed and rejected,” he said.

According to him, Nigeria has entered a phase which he called the map for world quality due to its latest ac-

credited laboratory, urging SMEs to take advantage of this golden opportunity to push their products to the world.

“I hope that this collaboration we have started today we take us to new levels. I also recalled a hand of fellowship to NACCIMA to forward the profile of 100 Small and Medium Enterprises (SMEs). We intend to certify 50 SMEs to ISO 9001 quality management systems,” he stressed.

Huawei bags award

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EADING global information and communications technology (ICT) solutions provider, Huawei, has received the ‘Best Technology Vendor Award’ by West Africa Information& Communication Technology Conference (WAFICT) in recognition of its achievements in the telecom market.

In presenting the award to Huawei, the Committee of WAFICT highlighted Huawei’s ICT solutions for telecom operators, noting that the company’s strong research and development (R&D) capability, customer-centric innovation, well-stratified channel structure and its localised strategic focus towards the development of a costeffective and efficient product portfolio for Nigeria.

As a result of the significant increase in voice and data services, Huawei has seen a corresponding growth in demand upgrading networks and expanding coverage across all sectors. To make the communication access much

By Lucas Ajanaku

easier and more affordable, Huawei has introduced a series of its latest technologies and solutions into the country. Its Single Fixed Access Network (Single FAN) solutions and Hybrid Power Solutions are some of the new innovative solutions it is bringing to the market.

Huawei emphasised the importance of deploying broadband network especially the Mobile Broadband (MBB) Networks for Nigeria during the conference.

General Manager, Huawei Nigeria, Mr. Julius Akhalumenyo, said: “A World Bank study shows that the gross domestic product (GDP) of low to middle income countries can grow an extra 1.38 per cent if the usage of broadband is up by 10 per cent. Another study suggests that raising broadband penetration in emerging markets to levels in Western Europe could add $300 to $420 billion in GDP and create 10 to 14 million new jobs.”

ASUS unveilsZenWatch •From left: Regional Head, Soutsouth, Ecobank Nigeria, Mr. Chinedu Ibe; Senior Legal Officer, Consumer Protection Council, Mr. Abeke Nikiomari and Product Manager, Liability Products, Ecobank Nigeria, Mrs. Osinuga Mofoluwaso, during the bank's Giant Prize Giveaway promo zonal draws in Port Harcourt.

Air Peace, Kebbi govt partner on new airport

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IR Peace has signed a contract with Kebbi State government to develop flight operations into its new airport located in Birnin Kebbi, the state capital.

Its Chairman, Mr Allen Onyema, said the carrier would deploy its Dornier Jets for the flight connections between Birnin Kebbi and Abuja as well as a return flight from Abuja to the state capital.

The airline would commence operations on the Lagos-Asaba route on December 1.

Further operations would expand to Lagos - Warri, Warri - Port

By Kelvin Osa-Okubor

Harcourt, and Warri - Abuja routes as its acquires more aircraft.

The contract agreement was signed between officials of the state led by the governor and the chairman of the airline in Birnin Kebbi.

Onyema said the agreement would involve sharing of costs between the airline and the state government as part of efforts to open up Kebbi to the national air link.

Opening the state to the national air link, he said, would facilitate trade and business and other socio

economic activities between the Northwestern state and other parts of the world.

Onyema said the airline will consolidate on the operations by introducing a flight between Kebbi and Kano to facilitate commercial and other activities.

He commended the state government for choosing the airline as the first carrier to achieve such feat within a month of its commencement of flight operations.

Onyema said: ”We have made history as the first airline within one month of its existence to sign agreement with a state govern

Access Bank boosts women entrepreneurship

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HE Group Managing Director/Chief Executive Officer (CEO) Access Bank Plc Mr Herbert Wigwe has said the bank is building a centre that would train women in entrepreneurship.

Speaking at the Women Entrepreneurship Day sponsored by the bank, he said the bank takes matters affecting women more serious. He said this was because over the years, the bank found out the rate of loan repayment among women was high, and far better than that of men and, as a result, had since ensured that more cash facility was granted them. “We take you more serious than other banks,’’ he said.

He said the centre would equip women with business skills to enable them succeed and pass on to good successors. He was pained that some great businesses owned by women collapsed as soon as their owners died.

He added that the bank had recently unveiled a fund to support women in business.

Earlier, the bank’s Executive Director Corporate Banking Mr Elias Igbinikanzua also highlighted the importance Access Bank attaches to women. Noting

By Joseph Eshanokpe

that women are good managers of men and materials, he urged the junior ones to learn from their seniors. “You have all it takes to succeed. Network and support yourself,’’ he said.

Chairman, Montgomery West Africa, John Adeleke, said the event was about encouraging women and men in Nigeria to pledge their time, talent and or treasure in supporting womenowned enterprises.

He said his firm was committed assisting women, and we were excited about what the platform would do in furthering the opportunities for women entrepreneurs.

He said that over 250 million young girls around the world live in poverty.’’By having successful and aspiring business women showcasing their accomplishments and sharing their stories, we feel sure that invaluable guidance is being imparted and will encourage girls to believe in themselves as entrepreneurs and game changers in the world of business. ‘’The same is true for women who might have retired (after years or

even decades of employment), or women who seek a career change to follow their true calling or dream, or women who feel that they want to better balance career aspirations with a burgeoning family life through self-employment, or even the young graduate with her clear focus on an entrepreneurial endeavor but who could do with some mentoring, as she begins her journey,’’ he added.

A facilitator/Managing Partner Propel Solutions, Tariye Gbadegesin, spoke on tips of successful business. She urged women to invest in businesses owned by women, network and take their product and market segmentation, among others, serious.

Participants listed challenges facing women entrepreneurs as lack of self-esteem, emotional imbalance, abuse, age-related, and their inability to go the extra mile.

At the event were Genevieve Magazine Chief Executive Officer Betty Irabor; EbonyLife TV Chairman/CEO, Mo Abudu.

Yearly, the Women Entrepreneurship Day holds worldwide to provide opportunities for women to network and share knowledge.

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SUS, a global top-three consumer notebook vendor and maker of the world’s bestselling, most award-winning, motherboards has unveiled ZenWatch, its first wearable device powered by Android Wear and produced in partnership with Google.

According to the firm, ZenWatch is an exquisitely-crafted watch that seamlessly pairs with an Android smartphone to provide relevant and useful information when it is needed most, and serve as a personal wellness manager.

It said ZenWatch follows the tradition of fine watch making with its stylish, detail-focused design and use of high quality materials. Its curved glass and case that follows the contour of the wrist, combined with a premium, stitched-leather strap with unique clasp, results in a design that is both comfortable and elegant. ZenWatch comes with a wide selection of instantly-changeable watch faces to fit any style or mood.

In a statement, it said as a smart companion for Android phones, ZenWatch provides timely information at a glance and lets the wearer get stuff done with a simple touch or voice command. ZenWatch brings the beauty and ease of use of the ASUS ZenUI mobile user interface to an Android wearable for the first time.

Users of ASUS smart phones can enjoy seamless integration with ZenUI on their phones, and experience exclusive ZenUI apps like

By Lucas Ajanaku

what’s Next and Do It Later in ways that are more convenient and powerful than ever.

Combining sophisticated sensors with all-day comfort, ZenWatch is also a personal wellness manager that tracks a variety of wellness statistics, such as heart rate, step counts, and relaxation levels to help users keep their lives in balance and achieve personal fitness goals.

According to the tech giant, employing the attention to detail and level of craftsmanship found in luxury watches, ASUS ZenWatch brings the tradition of fine watch making to Android wearables.

“The durable stainless-steel case features an attractive layered design composed of a striking rosegold-colored band inset between two steel layers. The case is curved for increased comfort and a stylish look, and the watch face is covered with a layer of curved glass that increases usability by providing a smooth surface for easy and responsive swiping gestures.

“The soft, genuine stitchedleather watchband provides all-day comfort and features a unique clasp design that makes ZenWatch easy to put on and remove. ZenWatch has a universal design that comfortably accommodates a wide range of wrist shapes and sizes,” the statement read.

NIPR honours BoI’s SMEs chief

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HE Bank of Industry’s (BoI’s) Executive Director Small and Medium Enterprises (SMEs), Waheed Olagunju, has been conferred with special recognition award of the Nigerian Institute of Public Relations (NIPR).

During the conferment, which took place at a ceremony tagged Celebrating our stars in Abuja, NIPR described the award as one that recognises efforts and contributions of certain individuals to the society.

In selecting Olagunju for the award, the NIPR said as the professional body that is statutorily mandated to regulate corporate communications, reputation

By Tob Agboola

management and public affairs practice it cannot but celebrate Olagunju’s expertise, commitment, patriotism and wealth of experience garnered over the past 33 years during which he made outstanding contributions that impacted positively on Nigeria’s reputation as well as the country’s economic and social development.

The institute added that it was not only imperative for Nigerians to know and appreciate Olagunju’s hard work, it is also necessary for his untiring efforts to be put in public domain and documented for the records and posterity.

28

THE NATION MONDAY, NOVEMBER 24, 2014

ISSUES

• Pensioners

The Pension Reform Act 2014 has brought a new lease of life to pensioners; raising hopes of a better life after their years of labour. The Act has also enabled the National Pension Commission (PenCom) to transit into the next decade of its regulatory functions. OMOBOLA TOLU-KUSIMO reports that the Act will further stimulate compliance, improve investment returns for contributors and commitment of pension fund assets to long-term capital needs in the country.

A new dawn for pensioners?

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OR workers, hope of a good life after retirement, is on the horizon. This comes on the heels of the Pension Reform Act (PRA) 2014, signed into law on July 1, thus repealing the PRA 2004.

Expectedly, the PRA 2014 would continue to govern and regulate the administration of the uniform contributory pension scheme (CPS) for both the public and private sectors employees in the country.

Ten years after the pension reform, every Nigerian worker is eager and looks forward to retirement. Their input, loyalty and morale to their employers are also boosted as they work diligently to ensure the success of their organisations.

PenCom Director-General, Mrs Chinelo Anohu-Amazu, said the CPS was novel and seemingly ambitious such that not a few doubted if Nigeria could transit into it and implement it successfully. “Today, 10years thereafter, the scorecard is somewhat selfexplanatory. This emanated mainly from the fundamental structures upon which the scheme was built. Indeed, the cardinal principle of separation of custody from management and supervision has resulted in a pension scheme with sound internal mechanism for transparency and accountability.

“Whereas the Pension Fund Administrators (PFAs) manage the pension funds they do not have access to same as custody is vested in the Pension Fund Custodians (PFCs) and the Commission ensures that

both parties adhere strictly to regulations governing the pension funds. The ring fencing of pension fund assets and regulatory non-interference has resulted in the consistent growth in a large pool of pension assets of over N4.5 trillion, which are invested in structured and safe financial instruments; a remarkable growth when compared with huge estimated pension liabilities in the public sector prior to the reform in 2004.

“The reform has also engendered a regime of regular payment of retirement benefits to all employees who retired under the scheme since 2007 without any delays as was the practice in the old system. Since inception, 111,210 retired employees have received payouts of over N268 billion. Also, through an enhanced compliance regime, 6.26million contributors have so far been registered into the CPS,” she said.

Despite these records, she added that they are by no means suggesting that the journey

has reached its destination.

She added: “We are not unmindful of some challenges that are yet to be extinguished, for instance, issues around the old Defined Benefit Scheme (DBS) in the public sector. In addition, there are some issues that cropped up only in the course of implementing the PRA 2004.

“In the quest to usher the pension reform into its second decade, a major review of the PRA 2004 was carried out with a view to proffering solutions to the noted implementation challenges. Having undergone extensive legislative scrutiny, the PRA 2014 was re-enacted in July, 2014.”

The PenCom boss said some of its salient provisions include the expansion of coverage for private sector employees; upward review of minimum contribution rate geared at enhancing the adequacy of pension benefits; upward review of sanctions and penalties against infractions; informal sector participation in the

‘The ring fencing of pension fund assets and regulatory non-interference has resulted in the consistent growth in a large pool of pension assets of over N4.5 trillion, which are invested in structured and safe financial instruments; a remarkable growth when compared with huge estimated pension liabilities in the public sector prior to the reform in 2004’

scheme; standards for the participation of states and local governments in the scheme, amongst others. She called on all stakeholders to support the Commission in order to sustain what has been collectively achieved over the past 10 years, as they focus on the implementation of the new provisions.

At the PRA 2014 sensitisation conference recently organised by PenCom, KPMG, tax partner, Mrs. Nike James, observed that the percentage of contributors to the estimated working population as at 2013 is 7.5 per cent.

She said while the number of contributors as at second quarter of this year is 6.1 million people, nominal average annual returns between 2008 and 2012 is 5.9 per cent. Pension fund assets as a percentage of rebased Gross Domestic Product (GDP) in 2014 is five per cent, while real average annual returns over 2008 to 2012 is 5.8 per cent.

James noted that current statistics depict fairly low contribution of pension assets to the GDP and negative real return on investment. “Since 2005, the pension assets have grown annually by 25 per cent. If this rate of growth continues, pension assets will grow to N38 trillion by 2024. The issue now is how do we build capability and capacity to manage such enlarged pool and what is the implication on the roles of the PFAs and PFCs?” she asked.

Looking into the future, she spoke on how the roles of the key players for the next dec• Continued on page 29

29

THE NATION MONDAY, NOVEMBER 24, 2014

ISSUES

A new dawn for pensioners?

•Continued from page 28

ade can be enhanced. According to her, there is need to leverage PFAs significant investments in equities to demand for strengthened corporate governance and ultimately safeguard pension investments in those companies; set world-class professional standards for pension investment managers of the future; optimise the skills of PFAs and PFCs to remain cutting edge, through allowing diversified asset management and custodial services experience, respectively, as done globally; encourage diversification into alternative investments to improve returns while balancing risk; grow the number of pension contributors, especially from the low income bracket, to enhance long-term economic development while PenCom must provide an enabling environment to implement these strategic imperatives.

The Chief Executive Officer (CEO), Chapel Hill DenhamKey, Bolaji Balogun, while speaking on investment of pension funds under the new regime, highlighted the key takeaways of the new law.

He said the new regulations allow for greater flexibility as it provides greater latitude. He added that oil prices will challenge Nigeria’s fiscal fundamentals hence, the need to begin to diversify away from government risk.

“Nigeria’s infrastructure and economy urgently require longterm capital and the pension funds represent our largest pool of longterm capital. International capital is not coming to build Nigeria, only Nigerians will build Nigeria. PFAs and financial markets operators must deliver the risk managed structures and products to commit pension fund assets to long-term capital needs,” he said.

The CEO of Financial Derivatives Company Ltd, Bismarck Rewane, on his part, spoke on the importance of the CPS. Rewane pointed out that the Federal Government is eating the biggest pie out of the N4.5 trillion pension funds while 34 per cent is invested in corporate entities locally. He added that only four per cent is invested in state government bonds and one per cent invested in foreign entity.

“Pension funds are instrumental in funding the fiscal programme of the country. While it is important to ensure that savings are deployed in a manner to ensure safety and fair returns to the fund members, it is time to explore better investment outlets for the country, which will offer security and fair returns to the fund members,” he said.

On investment of pension funds under the new regime, the Executive Director, Business Development of the Nigerian Stock Exchange (NSE), Haruna Jalo-Waziri said it’s been observed that PFA portfolios are significantly controlled by Federal Government securities, which are mostly traded on the OTC window.

According to him, changes in the PRA 2014 showed that the scope of investments was expanded from an asset class point of view in Section 86 (i) of the PRA 2014, allowing for PFAs to invest in specialist funds.

“Also, Section 73 (c) of the PRA 2004 was modified to expunge the clause for “good track record having declared and paid dividends in the preceding five years” on ordinary shares of public limited companies listed on a Stock Exchange in Section 86 (d) of the PRA 2014. Section 86 (b) of the PRA 2014 provides for the investment in debt instruments issued by state and local governments, which was not originally stated in the PRA 2004.

“Any offshore Investments required Presidential approval as stated in Section 74(2) of the PRA 2004, but this has been amended to

•Anohu-Amazu

•Rewane

•Mrs Adedeji

only the proportion of pension assets in offshore investments, as stated in Section 87(1) of the PRA 2014”.

He queried that to what extent should pension managers ensure that they maximise the risk-return trade-off? Does prudent investing for pension manager translate to passive investing? Would PFAs change their asset allocation from an extremely conservative approach to maximise growth in asset? To what extent do pension managers ensure they achieve best execution for investors through participating in liquid and transparent markets?

Are PFA activities contributing to the depth of the capital market?

He also pointed out that with increased asset size, can pension fund managers contribute to financing infrastructure in Nigeria? If PFAs continue to increase allocation to fixed income instruments, what is the effect on interest rates given their turnover in this space? Does the PRA 2014 explicitly provide for hedging of positions by pension fund managers as the NSE is positioned to create a derivatives market? And will investment guidelines be amended to allow for pension fund managers to explore opportunities in securities lending?

Jalo-Waziri said PFA investments in Nigeria have been steered only with capital preservation in mind.

“The true representation of the value proposition by any pension manager should be based on their ability to not only increase contributions or preserve capital, but as well grow the assets. There is the need to re-evaluate investment of pension funds towards creating long-term value for the entire economy,” he said.

The Group CEO, UBA Capital Plc, Mrs. Oluwatoyin Sanni, said the industry has recorded phenomenal growth since the PRA 2004 was enacted, noting that from a meager N265bn pension assets in 2006 when the scheme kicked off, pension assets have grown by an annual average of 58 per cent, reaching about N4.5 trillion as at the end of August, 2014.

“Although this growth looks impressive, the relatively low penetration of pension assets given the size of the Nigerian economy leaves much to be desired.

“Nigeria has about 60 million work-force populations implying that less than 10 per cent of potential members currently contribute to pension fund. But increasing integration of the informal sector into the mainstream economic sectors will drive greater participation espe-

cially, from SMEs while ongoing reforms in key sectors will reduce current level of unemployment, and propel increased contributions,” she said.

She explained that there are critical building blocks for promoting the growth of pension schemes in Nigeria, stressing that pension managers must continuously improve technical and technological competence in order to enhance the growth of the industry.

“The industry is highly concentrated, hence opportunities exists in the possible re-capitalisation of the already existing pension managers for better operation and mergers and acquisitions among industry players for economies of scale and technology sharing.

“There is also the need to strike a balance between protecting investors via regulatory restriction on investment outlets for pension funds and fostering industry competitiveness through more liberal policies regarding asset allocation,” she said.

The Principal Partner, Austen Peters & co., Dr. Timi Austen-Peters, while setting an agenda for the industry said in about a space of 20 years Chile’s pension fund assets increased from 0.8 per cent of GDP in 1981 to 55.8 per cent in 2002, yielding an annual average gross real return of 10.4 per cent.

“In that country the pension fund assets of PFAs stood at $170 billion in September last year,” he added, wondering where Nigeria’s PFAs will be in 2024.

The Managing Director, Travant Capital, Mrs. Sanyaolu Okoli, said the new act adopts an aggressive stance towards obligating compliance; however a series of structured incentives may also prove effective.

“In Nigeria, the problem is rarely a lack of laws, but rather, a lack of enforcement of those laws,” she said.

Meanwhile, Leadway pensure PFA, Managing Director, Mrs. Ronke Adedeji, while speaking to reporters at a media retreat organised by the Pension Funds Operators Association of Nigeria (PenOp) in Lagos, said PFAs would not invest in infrastructure if some certain conditions are not met by the Federal Government especially, as it relates to the security of contributors fund.

Adedeji said operators want guarantee for funds before investing in infrastructure, expressing worry over how the funds can be recouped, especially with the state of inconsistent government policies which have been the bane of business growth and development in the country.

She also noted that pension funds should not be considered idle money,

which can be thrown at troubles without spelt out mechanism to recover the investments.

“Such investments thrive in other climes, but the proposed plan should be done with clear guidelines specifying how the funds would be recovered and water-tight commitment that policies would not affect it.

“As an operator, we are merely holding workers’ money meant for their retirement. We will not be able to tell them when they come for their benefits that their money has been tied down in infrastructures,” she said.

Head, Risk and Compliance, Stanbic IBTC Pension Managers, Idu Okwuosa, said the operators are not opposed to the demand, but their concern is that there should be proof and guarantee for the funds.

She noted that one of the ways such initiative can thrive is for government to hand-off totally and allow competent private sector operators manage such infrastructure, adding that events have shown that Public Private Partnerships (PPP) often fail due to government involvements.

Until June 2004, pension system in Nigeria was plagued with long queues, disappointments, broken promises, and countless hours spent under the rain and scorching sun by pensioners. Before 2004, many Nigerian workers do not like to retire from work even when they have reached and passed retirement age.

This led to some reducing their age while others would do all sorts to remain at work. They fear to stop working because they do not want to be part of the despair that rocked the pension sector then.

Indeed, it was a time of hopelessness for pensioners in the country, a time when the Federal and state governments and employers in the private sector were not paying their retirees pension. The public service operated an unfunded Defined Benefits Scheme and the payment of retirement benefits were budgeted annually.

The annual budgetary allocation for pension was often one of the most vulnerable items in budget implementation in the light of resource constraints. In many cases, even where budgetary provisions were made, inadequate and untimely release of funds resulted in delays and accumulation of arrears of payment of pension rights. It was obvious therefore that the Defined Benefits Scheme could not be sustained.

In the private sector on the other hand, many employees were not covered by the pension schemes put in place by their employers and

‘One of the ways such initiative can thrive is for government to handoff totally and allow competent private sector operators manage such infrastructure, adding that events have shown that Public Private Partnerships (PPP) often fail due to government involvements’

many of these schemes were not funded. Besides, where the schemes were funded, the management of the pension funds was full of malpractices between the fund managers and the Trustees of the pension funds.

This failure came with negative consequences, foremost among which was untold hardship experienced by retirees especially, in the public sector and creation of estimated liabilities of over N2 trillion.

The scenario necessitated a rethink of pension administration in Nigeria by the administration of former President Olusegun Obasanjo. He commenced the pension reform process in 2003 with the inauguration of the Fola Adeola Pension Reform Committee. The highpoint of the Committee’s recommendations was the establishment of the Contributory Pension Scheme (CPS) for both the public and private sectors through the enactment of the Pension Reform Act (PRA) 2004.

The reform was envisioned as a well thought out process of addressing the myriad of pension problems in the country. Unlike DBS, PRA 2004 established a fully funded, privately managed CPS based on individual accounts for both the public and private sector employees in Nigeria.

The Act also established the National Pension Commission (PenCom) as the sole regulator and supervisor of all pension matters in the country.

The pension industry now boast of a total pension funds from a deficit of two trillion naira to N4.5 trillion with coverage of 6.26 million Nigerians under the CPS. A report on the role of major players in the contributory scheme by KPMG highlights global comparator countries.

It said the Chilean pension scheme, which was the model used for the Nigerian Pension Scheme, showed Chilean’s total amount of pension assets in 2012 CLP 77.54T (Naira) Nominal average annual returns over 2008 to 2012 is 2.7 per cent, real average annual returns over 2008 to 2012 is 0.1 per cent.

In 2008, Chile modified its pension scheme to include a social assistance scheme for those whose contributions are not sufficient for their needs in retirement.

Mexico is an emerging economy and operates a contributory scheme like Nigeria. Total amount of pension assets in 2012 is MXN 1.9 trillion, nominal average annual returns over 2008 to 2012 is 7.7 per cent, real average annual returns over 2008 to 2012 is 3.2 per cent while pension funds asset as a % of GDP in 2012 is 14.1 per cent Mexico also operates a form of social insurance scheme in addition to the contributory scheme such that minimum benefits are guaranteed and premiums are paid upfront to that effect. The social insurance system helps reduce the risk of erosion of value of pension assets as a result of inflationary pressures.

Recently, PenCom celebrated 10 years of pension reform in the country with an assemblage of private sector leaders, the icons of the pension reform and other important stakeholders as well as usher in the strategic focus of the reform in the next decade.

However, as the country transits into the next decade with the PRA 2014 guiding the industry, experts and stakeholders want to see a rapid growth in the number of pension contributors, commitment of pension fund assets to long-term capital needs, greater level of enforcement of pension laws by PenCom especially in the private sector, among others.

Former President, Olusegun Obasanjo while speaking on his expectations of the pension industry in the next 10 decade, challenge PenCom to have coverage of not six million Nigerians, but at least 15 million Nigerians.

THE NATION MONDAY, NOVEMBER 24, 2014

30

MONEYLINK

MPC meets today to rescue naira, reserves

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HE Central Bank of Nigeria (CBN) is expected to keep the interest rate unchanged at 12 per cent as the Monetary Policy Committee (MPC) meets today and tomorrow.

The committee is expected to take immediate steps to lift the naira and foreign exchange reserves. The currency has continued to depreciate against the dollar since November 2008. From N118 per dollar in November 2008 to about N176 last week, the naira has, no doubt, fallen from Olympic heights. It has, so far, lost close to 12 per cent of its value this year.

The reserves have also fallen to $37.5 billion last weekend.

But the committee is also expected to tinker slightly with the

Stories by Collins Nweze

Cash Reserve Ratio (CRR) on private sector deposit which currently stands at 15 per cent. The CRR is a portion of bank’s deposit kept with the CBN. The Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mustafa Chike-Obi said he expects the MPC to raise the CRR on public sector deposits as they meet. He spoke on ‘Waking up Dead Capital’ at the Legal Business Summit 2014 held in Lagos at the weekend.

His view was also corroborated

by Olubunmi Asaolu, analyst at FBN Capital who agreed that the MPC is likely to raise the CRR on public sector deposits to meet emerging

challenges especially the decline in foreign reserves and naira depreciation.

He said the naira, which has come under undue pressure in recent months over sharp fall in Brent oil prices remain some of the developments in the financial market created room for such policy shift.

If the MPC keeps the Monetary Policy Rate (MPR) unchanged, it will be the 19th time in a row, it is taking such stance, in an effort to control inflation and support the naira.

This week’s MPC meeting will be the third chaired by CBN Governor Godwin Emefiele and will be closely watched by foreign investors and analysts.

The former managing director at

Access Bank, FMO sign $30m facility

A

CCESS Bank Plc and Netherlands Development Finance Company (FMO) have agreed on a $30 million facility for on lending to women in the Small and Medium Enterprises (SME’s) in Nigeria.

In a statement, the bank said the partnership is in furtherance of its commitment to women empowerment and the creation of a Women Empowerment Fund (WEF).

The line of credit, it said, will provide financial resources to women

owned small and medium scale enterprises in Nigeria. The facility will also be utilised in providing capacity building, debt capital support to women owned businesses, and promote the bank’s financial goal of reaching the unbanked through provision of cheap funding.

The WEF will be funded through equal financial participation from Access Bank Plc and Netherlands Development Finance Company (FMO) and will be available to women owned SME’s operating in various

sectors of the economy.

Speaking at the signing ceremony held at the Bank’s head office in Lagos, the bank’s Group Managing Director, Herbert Wigwe, said: “This for us is a milestone achievement and a step further in our relationship with FMO. We did collaborate in 2006 to promote the Gender Empowerment program (GEM) but I think today’s facility for us is necessitated because of the large program we have for the W, the umbrella for anything for Women in Access Bank.

UBA makes shopping easy for cardholders

T

HE biggest shopping weekend is around in the United States of America and panAfrican bank, United Bank for Africa (UBA) Plc has put in place plans to ensure all its card holders are able to take advantage of the huge discounts that will be on offer from the comfort of their homes in Nigeria.

Called America’s annual holiday

shopping frenzy, “Black Friday” is the Friday following Thanksgiving Day in the United States, which is usually held on the fourth Thursday of November annually and is often regarded as the beginning of the Christmas shopping season and marked with huge discounts on all items on sale by major retailers across America.

Name

Offer Price

AFRINVEST W. A. EQUITY FUND ARM AGGRESSIVE GROWTH BGL NUBIAN FUND BGL SAPPHIRE FUND CANARY GROWTH FUND CONTINENTAL UNIT TRUST CORAL INCOME FUND FBN FIXED INCOME FUND FBN HERITAGE FUND FBN MONEY MARKET FUND

152.19 9.17 1.12 1.19 0.69 1.39 1,708.80 1,708.80 114.79 121.16 1,117.51 1.2147 1.2858 0.7802 1.0972

• UBA BALANCED FUND • UBA BOND FUND • UBA EQUITY FUND • UBA MONEY MARKET FUND

O/PRICE 180.00 7.46 0.81 1.62 4.47 21.85 0.84 25.70 3.13 8.12

C/PRICE 189.00 7.83 0.85 1.47 4.69 22.89 0.67 26.80 3.25 8.35

CHANGE 5.00 4.96 4.94 4.94 4.92 4.76 4.69 4.28 3.83 2.62

LOSERS AS AT 20-11-14

SYMBOL

O/PRICE

C/PRICE

FLOURMILL

45.98

41.51

-9.72

0.89

0.84

-5.62

156.75

118.92

-5.00

44.30

42.09

-4.99

COSTAIN MOBIL CADBURY

S

CHANGE

•CBN Governor Godwin Emefiele

“Emefiele has laid out plans to cut rates in the medium term (but) we do not see any chance of this happening at July’s MPC, much less as inflation continues to creep up ahead of elections,” said Alan Cameron, London-based economist at Nigerian stockbroker CSL

Skye Bank is ‘Best Bank in Risk Management’

KYE Bank Plc has won the “Best Bank in Nigeria in Risk Management” in recognition of the bank’s strides in strengthening its risk management framework and system. The bank won the award at the recent ‘Nigerian Risk Awards’.

The Nigerian Risk Awards (NRAs) was conceived by Conrad Clark Nigeria Limited in collaboration with Business Day and the UK Institute of Risk Management.

The Nigeria Risks Awards is dedicated to recognising and reviewing organisations and individuals who have achieved measurable results through the effective implementation of enterprise risk management principles with particular emphasis on those who have developed

creative and innovative solutions in overcoming the challenges facing businesses and organisations in Nigeria.

On the rationale for conferring the award on the bank, the awards organiser’s noted that Skye Bank had a robust and effective enterprise risk management structure which is capable of building a healthy institution on the long run. The Award Night featured presentation of papers by experts on Business, Political and Health Risks, networking opportunities, Risk Edutainment and many more.

It will be recalled that the Lagos State Safety Commission also conferred the award of “Most safety friendly bank’ on Skye Bank this month on account of the bank’s policies and position on safety.

DATA BANK

Bid Price 151.27 9.08 1.12 1.19 0.68 1.33 1,708.80 1,708.80 114.10 120.30 1,116.70 1.2072 1.2858 0.7666 1.0972

GAINERS AS AT 20-11-14

SYMBOL DANGCEM ACESS AIICO FIDELITYBK NAHCO ASHAKACEM OMOSAVBNK OKOMUOIL FCMB UBN

This year’s Black Friday sales fall on November 28, but sales are expected to start early on Thanksgiving Day on Thursday November 27, 2014 and extend throughout the Black Friday weekend and into Cyber Monday. Cyber Monday is the Monday after Thanksgiving Day in America and was created by marketing companies to encourage Americans to shop online.

local Zenith Bank struck a dovish tone on rates two days after taking office in June, saying he would seek a gradual reduction in borrowing costs, which have been stuck at 12 per cent since late 2011.

That is much higher than 5.75 per cent in South Africa, which Nigeria overtook to become Africa’s largest economy earlier this year, and 8.50 percent in Kenya.

Investors perceived his comments to mark a reversal of the hawkish policies implemented by his predecessor Lamido Sanusi that were credited with curbing inflation and supporting the currency, and sold bonds and the naira.

Emefiele has since said he would wait until after presidential elections next year before making any rate cut, and all 20 analysts polled

by Reuters in the past week expected the MPC to keep the benchmark rate steady at 12 per cent.

RETAIL DUTCH AUCTION SYSTEM (RDAS) Transaction Dates 17/11/2014 10/11/2014 06/11/2014 ECONOMIC INDICATORS

Inflation: October

8.1%

Monetary Policy Rate

12.0%

Foreign Reserves Oil Price (Bonny Light/b) Money Supply (M2)

Currency

Buying (N)

Selling (N)

$37.6b

US Dollar

157.41

158.41

$79.98

Pounds Sterling

247.6944

249.2947

Euro

193.4286

194.6783

Swiss Franc

160.4104

161.4468

Yen

1.3617

1.3705

CFA

0.2764

0.2964

228.0521

229.5255

Yuan/Renminbi

25.2949

25.4592

Riyal

41.2582

41.5247

SDR

228.8113

230.2896

N17.2 trillion

Primary Lending Rate (PLR)

16.5%

NIGERIAN INTER-BANK OFFERED RATES (NIBOR)

Tenor

11-11-14 Rate (%)

Amount Sold in ($) 499.93m 399.97m 349.96m

CBN EXCHANGE RATES November 19, 2014

N16.42 trillion.

Credit to private Sector (CPS)

Amount Offered in ($) 500m 400m 350m

Rate (%) 12-11-14

Overnight (O/N)

10.54

11.17

1M

11.94

12.18

3M

13.08

13.33

6M

14.03

14.17

FOREX RATES

LEARNAFRCA

1.43

1.36

-4.90

ETERNA

3.14

2.99

-4.78

R-DAS ($/N)

157.29

157.29

LIVESTOCK

2.10

2.00

-4.78

Interbank ($/N)

162.75

162.75

DANGSUGAR

6.11

5.82

-4.76

TRBRISCOE

0.85

0.81

-4.75

Parallel ($/N)

167.50

167.50

NEM

0.64

0.61

-4.71

WAUA

GOVT. SECURITIES YIELD – SECONDARY MARKET

Tenor

Nov. 12, 2014

Rates

T-bills - 91

9.85

T-bills - 182

9.98

T-bills - 364

10

Bond - 3yrs

12.61

Bond - 5yrs

12.77

Bond - 7yrs

12.73

THE NATION MONDAY, NOVEMBER 24, 2014

31

EQUITIES

Oando’s rights issue opens amid optimism

O

ANDO Plc will today open application list for its rights issue as the integrated energy group seeks to raise new equity funds from existing shareholders to deleverage its balance sheet and rebalance its assets position with its long-term growth outlook.

Oando is offering new shares to shareholders in its book as at July 25, 2014 on the basis of one new share for every four shares held as at the qualification date. In a show of confidence, the rights issue is being offered at N22 per share, some seven per cent more than the current market price of the stock. Oando opens today at the Nigerian Stock Exchange (NSE) at N20.39 per share.

The application list for the offer will close on December 19. The NSE at the weekend confirmed the details of the rights issue, including the opening and closing date for the application list.

A source in the know said Oando was expecting full subscription to the rights issue noting that the company has secured key endorsements from several important individual and institutional shareholders.

According to the source, the current market price does not truly reflect the intrinsic value of the energy group, especially in the light of recent milestones and earnings.

In similar issuance, Oando had in 2013 raised about N55.2 billion from a rights issue, slightly above the initial target of N54.6 billion. The company had issued 4.548 billion ordinary shares of 50 kobo each to existing shareholders at N12 per share between December 2012 and February 2013 with the intention of raising N54.6 billion. Allotment approved by the Securities and Exchange Commission (SEC) however showed that Oando succeeded in raising N55.2 billion, which many had said indicated the high level of investors’ confidence in the company.

Third quarter report of Oando indicated that the company optimized its bottom-line performance as significant improvements in top and midline costs moderated decline in turnover and returned higher earnings to shareholders.

•From Right: Group Managing Director, GTI Capital Group, Mr. Abubakar Lawal,;Co-Head Emerging Markets and Head of Primary Markets, London Stock Exchange Group (LSEG), Mr. Ibukun Adebayo; Chief of Staff/Head of International Development, London Stock Exchange Group (LSEG), Nikhil Rathi and Director, GTI Securities Limited, Mr. Siyanbola Oladapo, during the working visit of the LSEG to GTI Capital in Lagos,

By Taofik Salako, Capital Market Editor

“The group is making solid progress in achieving a more robust financial performance despite the current industry trend and 30 per cent decline in global crude prices year to date. Our conservative nature ensures that we apply risk mitigating processes, by implementing hedging tools in the upstream on our future crude production, $100/barrel for 3 years. We also fixed our gas prices through long term contracts with our customers in the midstream sector and have taken advantage of the lower prices in landing our refined imported products, resulting in improved pricing efficiencies. As we wrap up 2014, we look forward to a full quarter’s production contribution from our newly acquired NAOC JV assets, which have steadily increased our current output above 50kboepd, as well as achieving diversity in earn-

ings via our increased upstream contribution,” group chief executive officer, Oando Plc, Mr. Wale Tinubu said.

Key extracts of the interim report and accounts of Oando for the ninemonth period ended September 30, 2014 showed that while turnover dropped by 12.5 per cent, the group drew on improved input and marketing costs to grow gross profit and operating profit by 70.4 per cent and 97.3 per cent respectively. Net profit after tax rose by 75.7 per cent.

Group turnover stood at N338.11 billion in third quarter 2014 compared with N386.25 billion in corresponding period of 2013. Gross profit meanwhile rose from N70.4 billion in 2013 to N79.60 billion in 2014.

Operating profit also nearly doubled at N36.25 billion in 2014 as against N18.37 billion in 2013. Profit before tax rose marginally from N9.76 billion in third quarter 2013 to N10.18 billion in third quarter 2014.

With tax gain of N523.4 million, group net profit rose to N10.70 billion in 2014 as against N6.09 billion in comparable period of 2013. Earnings per share meanwhile improved from 93 kobo to N1.26.

Oando recently distributed a total of N2.4 billion as cash dividends to shareholders, consisting of a final dividend of 30 kobo per share for the 2013 business year financial year and an interim dividend of 70 Kobo per share for the six-month period ended June 30, 2014, bringing total dividend per share to N1.

Oando has, this year, recorded several milestones, including the successful acquisition of ConocoPhillips, the largest acquisition by an indigenous player in Africa; in the upstream, OML 125 production increased by 17 per cent to 651,000 bbls, while OML 56 production increased by 30 per cent to 171,000bbls compared to prior comparative period; in the midstream,

Oando Gas and Power is extending its natural gas distribution network by 8.0km from Ijora to the Marina business district in Lagos state, positioning the company to benefit from the growing demand for gas and power infrastructure in the country while in the downstream, the completion of the Apapa Single Point Mooring (ASPM) Jetty, a first in Africa; with expected demurrage cost savings and additional income streams.

On the impact of Oando’s $1.5 billion acquisition of ConocoPhillips Nigeria which has transformed the company into Nigeria’s largest indigenous oil and gas producer, it is expected that there would be further improvements in the company’s performance as the acquisition is set to increase daily oil production exponentially by 600% equivalent to 45,000 boe/d, annual revenue of over US$600 million, and annual free cash flows of $150 million.

‘How NB, Consolidated Breweries’merger will sustain market leadership’

T

HE directors of Nigerian Breweries (NB) Plc and those of Consolidated Breweries Plc have reached an agreement to merge both companies. The objective is to actualise their aspiration to sustain market leadership position and also to continually create value for their stakeholders.

This indication was captured by Chief Kolawole Jamodu, chairman, NB Plc, who, in his consent letter to shareholders, noted that the proposed merger creates a platform where significant synergies can be obtained for the benefit of shareholders, employees, customers, distributors, suppliers and the economy as a whole.

This position is not different from that taken by Prof (Mrs) Oyinade Odutola-Olurin, chairman of Consolidated Breweries, who told shareholders in her letter that the decision to merge the two companies is primarily premised on ensuring that the company remains positioned to compete in a market that requires new strategies and new market penetration. Furthermore, she explained, the directors of both companies expect to achieve significant cost and revenue synergies from the proposed merger, which will create additional value to shareholders of both companies.

The proposal for the merger will be presented to shareholders of both companies in their separate Court ordered meetings scheduled for December 4, 2014.

Feelers from both companies have it that their directors consider

By Muyiwa Lucas

the terms of the proposal fair, reasonable and in the best interest of their companies. The scheme of merger provides that the surviving entity will be NB. The proposal will require the approval of 75 per cent of the shareholders of each of the companies. Also, the merger is expected to provide an opportunity to align long-term strategic interests of the two brewing companies. Consequently, four major benefits that would accrue to stakeholders from the merger, has been identified. These include broader product offering, as the enlarged company will have an enriched product portfolio, covering all market segments (premium, mainstream and value segments), to the benefit of their customers.

After the merger, Nigerian Breweries will be manufacturing products of both entities, which will also be sold and distributed across the combined sales and distribution networks of the two companies.

The second benefit comes in the area of operational efficiency that will come by streamlining operations, optimising use of resources and eliminating duplications.

Expectedly, significant cost savings arising from optimisation of combined resources to the benefit of all the stakeholders will accrue. By distributing the enlarged product portfolio through the combined network of the two companies, considerable cost savings are expected

from selling / distribution expenses. Additional cost savings are also expected from increased efficiency in procurement, supply chain management and other support functions.

The third major benefit being expected is shareholder value creation, as the improved operating efficiency and cost savings anticipated will lead to a reduction in the overall cost-income ratio. This will result in improved profit margin and consequently an increase in the value to shareholders. Interestingly, the directors are optimistic that the synergies that would be created as a result of the merger will enhance growth in shareholder value.

Improved liquidity for shareholders is also one of the four major benefits being targeted by the merger. The scheme of merger provides for the issuance of 396,857,294 ordinary shares of 50 kobo each by Nigerian Breweries in exchange for the existing 496,071,617 ordinary shares of Consolidated Breweries at a ratio of four new shares for every five held. This means a high degree of liquidity for Consolidated Breweries’ shareholders.

Consolidated Breweries, which is not listed on the Nigerian Stock Exchange, will in effect, acquire equities that are tradable on the stock exchange. In the post-merger environment, Nigerian Breweries will increase its volume of shares to approximately 7,960 million, which will increase market capitalisation.

Nigerian Breweries commands the leading market share in the brewing industry and has maintained a stable growth in sales revenue over the past five years. It has grown turnover consistently from N164.21 billion in 2009 to a peak of N268.61 billion in 2013. It is expected to maintain the continuing growth trend in sales revenue in 2014. Profit performance has largely followed the stable growth in revenue. Apart from a slowdown in 2012, the company has improved profit every year in the past five years from N27.9 billion in 2009 to N43.08 billion at the end of 2013. It maintains a leading net profit margin in the breweries sector at 16 per

cent in 2013 and shows a long record of regular dividend payment to shareholders.

Consolidated Breweries, on the other hand, has also achieved a continuing growth in sales revenue in the past five years. It has improved sales revenue every year from N20.21 billion in 2009 to N33.91 billion at the end of 2013. It has also maintained profitable operations since 2009, with after tax profit increasing from N2.79 billion in 2009 to a peak of N3.22 billion in 2012.

Despite a drop to N1.12 billion in 2013 due to rapid increases in finance cost and cost of sales, the company has maintained an unbroken record of dividend payment to shareholders.

32

THE NATION MONDAY, NOVEMBER 24, 2014

THE NATION

BUSINESS INSURANCE

NCRIB in dilemma over charter bid There is disquiet among Insurance brokers under the umbrella of the Nigerian Council of Registered Insurance Brokers (NCRIB) over a plan to become a chartered body and be self-regulatory. The brokers fell into trouble with other trade associations after the only chartered professional body, the Chartered Insurance Institute of Nigeria (CIIN) kicked against their bid. They have since been in a dilemma on how to resolve the issue.

OMOBOLA TOLU-KUSIMO reports

I

NSURANCE brokers under the umbrella body of the Nigerian Council of Registered Insurance Brokers (NCRIB) has, for a long time, pushed to self-regulate themselves instead of being regulated by the National Insurance Commission (NAICOM).

To pursue their dream, they are pushing for an Act in the National Assembly to create an Institute of Chartered Insurance Brokers, and transform it from its current status as a market association to a regulator.

The Bill, SB 507 was enrolled in the Senate on June 26 this year, and has passed through the second reading in the chamber. It is a private bill being sponsored by Senator Gbenga Kaka from Ogun State.

Section 2 of the Bill stipulates the duties of the institute when it is finally created, to include establishing and maintaining a central organisation for all insurance brokers, and enrolling persons as chartered insurance brokers.

Others are to “register insurance broking bodies, and secure in accordance with the provision of the bill, the establishment and maintenance of a register of chartered insurance brokers containing their names, addresses and qualifications and such other particulars as may be prescribed of all persons who having applied in the prescribed manner, are entitled under the Bill to be registered, and the publication from time to time, of the lists of this persons.”

The institute when created will further seek “to encourage the dissemination of knowledge, education practical training and research into the profession, establish and maintain a library” and also arbitrate or settle dispute or questions between members and other parties.

“While it will discipline its erring members, the institute will also do such things from time to time, aimed at elevating the status of the chartered insurance brokers and the protection of their interests and procure their general efficiency and proper professional conduct,” the Bill provided.

But the crux of the matter and the question on the mind of most operators in the industry is whether the brokers are disciplined enough to self-regulate themselves. They wonder how safe is the insured premium with a broker, who is not under the regulation or an authority of a higher body?

Meanwhile, the educational arm of the industry, the Chartered Insurance Institute of Nigeria (CIIN) has requested that the Senate throws out the Bill as it is tantamount to running parallel to the industry regulator, NAICOM. Before now, some of the brokers have always been at loggerheads with NAICOM over what they described as highhandedness of the regulator against them and have threatened to drag the Commission to court.

A hot battle could have ensued in 2010 between the duo as a result of some recommendations made to the government in the Insurance Act 2003, which is still under review at the National As-

• Shoderu

• Temowo

• Wiggle

sembly. The brokers were almost going to court over what they alleged as undermining their importance in the review of the Act, but it was settled before it degenerated.

A few years after, they continued to disagree with the Commission as it recently deregistered some 32 members over regulatory requirements. The Commission made itself clear that it will not relent at enforcing the law on erring brokers or underwriters who engage in various malpractices in the industry.

Commissioner for Insurance, Fola Daniel, said the recent withdrawal of 32 licenses of insurance brokers is as a result of their inability to meet the requirements of the Insurance Act 2003, which mandates brokers to renew their licences and render returns as at when due to the regulatory agency.

Daniel called on the brokers to abide by the industry’s laws or face the music as there is no longer hiding place for offenders.

He said the Commission will be very firm in enforcing compliance with laid down rules and regulations in order to instill discipline in the sector. He said: “It is high time we all stepped up our game and learnt to play by the rules. It is only by so doing that we can achieve real growth and development in the industry and make meaningful contribution to the economy.

“The Commission will continue to create the right environment for ethical behaviour and conversely, where we identify actions detrimental to the interest of the industry; we shall take corrective steps as part of our mandate. We shall continue to be responsible, responsive and when

necessary, carry you along in the course of our actions and/or inactions; but in the overall interest of the industry, will regulate in accordance with international standards and best practises.”

CIIN President, Bola Temowo, in a letter to Senate President, Senator David Mark, titled: “Concerns of the Nigeria Insurance Industry about the Bill before the National Assembly for an Act to Provide for the Establishment of the Institute of Chartered Insurance Brokers,” said the CIIN is the body charged with the general duty of determining the standards of knowledge and skills to be attained by persons seeking to become registered members of the insurance profession in Nigeria.

The letter read: “The institute is empowered to carry out these duties by the provisions of the CIIN Decree No 22 of 1993.

Among the principal objectives of the institute are to promote insurance education through conducting professional and certificate examinations for the purpose of registering eligible persons as insurance practitioners, encourage and assist insurance professionals to regularly update their knowledge in order to respond positively to changes in the business environment and meet the challenging needs of their clients; promote the general development of insurance practice by conducting, encouraging and assisting in the conduct of research into insurance and allied subjects with special emphasis on local practices, laws and conditions and also uphold and encourage members to adhere strictly to the observance of the

industry codes of conduct and ethics for a healthy practice of the insurance profession.

“The Governing Council of the institute that makes policy decisions, which cover all spheres of the Institute’s operations, has representations from all the trade associations in the industry, including the NCRIB. “The industry as represented at the Insurance Industry Consultative Council of the Chartered Insurance Institute of Nigeria, hereby states its concern about the bill. The ostensible goal of the sponsor of the Bill is to transform the NCRIB, an existing trade association to the status of a chartered professional body. This is inconsistent with practices in other known jurisdictions and will create conflict of laws. All the activities that are intended by the bill in this regard are currently being performed on behalf of the entire industry by the CIIN. “The attention of your Excellency is drawn to the fact that if the bill is passed into law by the National Assembly it will be in conflict with the powers of NAICOM to register or license and regulate conduct of operators in the insurance sector. The quest is unconventional in the comity of global insurance professional bodies and will dismember the insurance sector of the nation’s financial system.

“It is capable of introducing double standards and engendering dissent and division in the insurance sector of the nation’s financial system. The industry cannot afford any Act seeking to further divide it and weaken the fabric of its much desired bonding.

The entire industry is opposed to

‘

‘The quest by NCRIB for a second chartered body within the industry is not only in bad taste, but also unconventional. NCRIB as an existing trade association in Nigeria is already providing the necessary and adequate bonding for practicing insurance brokers’

’

the Bill and considers therefore, the withdrawal of the Bill from being passed into law.

In another letter by Temowo to the NCRIB President, Ayodapo Shoderu, titled: “Expression of Disappointment at the Subsisting Bill before the National Assembly for an Act to provide for the establishment of the Institute of Chartered Insurance Brokers,” said the CIIN Governing Council is appalled by the Bill especially, on the intent and purpose to keep this from the knowledge of the Insurance Industry Consultative Council (IICC) of which NCRIB is an active member.

He said: “We note with displeasure, the intent of NCRIB in seeking what is tantamount to the dismemberment of the singular professional body, the CIIN, which by Decree 22 (Now Act) of 1993 was assigned the responsibility to determine the standard of skill and knowledge for insurance practitioners in Nigeria including insurance brokers.

“The quest by NCRIB for a second chartered body within the industry is not only in bad taste, but also unconventional. NCRIB as an existing trade association in Nigeria is already providing the necessary and adequate bonding for practicing insurance brokers. This does not in any way necessitate the charter status as the CIIN already provides this coverage for all insurance professionals and non-professional members.

“It is Council’s conviction that the industry Consultative Council provides the platform for the ventilation of ideas for possible deliberation. Any action in negation of the objectives of the IICC will not augur well for the much needed bonding of all arms of the industry.”

The CIIN, therefore, asks the NCRIB President to consider the withdrawal of the Bill and also a response to the letter before the next meeting of the IICC, which held on November 19.

The Nation, however, gathered that at the IICC meeting last week, it was resolved that the NCRIB withdraws the Bill from the National Assembly with immediate effect.

A senior official in the industry, who spoke on condition of anonymity, said the NCRIB is not capable enough to discipline its members. He noted that the NCRIB must remain under the regulation of NAICOM to maintain law and order in the industry. He also urged the National Assembly to throw out the bill.

The NCRIB President, Shoderu, in a telephone interview with The Nation, could not confirm or deny whether the Bill has been withdrawn or not. He said he would brief the press at the appropriate time.

A past president of the NCRIB, Laide Osijo, said the association is still debating the Bill, to avoid crisis in the industry. “We are still discussing it because we don’t want controversy with anybody in the industry. The past presidents have intervened and we are deliberating,” he said.

THE NATION MONDAY, NOVEMBER 24, 2014

33

THE NATION MONDAY, NOVEMBER 24, 2014

34

Taxation Taxation of contract and direct labour procurement of Ministries, Departments and Agencies of government in Nigeria. (3) DIRECT LABOUR PROCUREMENT OF GOODS AND SERVICES AND CONTRACT IMPLICATIONS

O

PADIRAN (1987) defined Direct Labour Procure ment as a process by which a project is executed by the workers of an organization instead of the project being contracted out. It can simply be described as a ‘do it yourself’ approach to project procurement.

Direct Labour could also be defined as a method of procurement whereby a client otherwise known as “the owner” uses his or her own in-house resources for the design and execution of a project. The in-house resources here will include both supervisory staff, skilled and unskilled labour force besides Equipment. Worthy of note in this system is the elimination of the contractor, which makes the direct labour method distinct from other procurement methods.

According to Iyagba and Idoro (1995), Direct Labour method of procurement can take various forms among which are; Fully In-House Direct Labour Here the organization has the human resources in place for all the phases of the project. The organization pays the monthly wages or otherwise of the Human resources.

Partially In-House Direct Labour Here the design and production information could be prepared by practicing consultants, while construction is handled by permanent personnel.

Hire-Labour Direct Labour Here the project owners do hire of labour, machinery, purchase material and coordinate the construction work, possibly engaging a qualified professional for the management of the construction process.

Self-help Type of Direct Labour Self-help construction where the inhabitants of a community are organized and mobilized with the direct labour establishments of a Government Ministry.

Others are:The developer provides the necessary recources, buys the necessary materials, hires the men and the machinery required, and mobilizes the resources on his own.

Communal construction with the use of voluntary labour drawn from family members and friends.

A self-help construction whereby the inhabitants of a community organize and mobilize themselves to execute a project.

These arrangements were seen to originally represent the true context of direct labour construction. Based on the definition, the following comments are made on the different forms of Direct Labour presented above:-

‘Where a sale or purchase transaction becomes repetitive or habitual, it will not qualify for exemption. The sale of goods on a once-for –all basis will qualify for the exemption in so far as it meets the second condition’

By Anuya, F. O. (Ph.D)

Contract can be inferred from the basis for payment by the project owner. a. Cash advance to staff to be retired after the procurement – No contract b. Payments for staff invoices – Contract (staff should not invoice his/her employer) c. Payment to staff for third party invoices - Contract d. Payment based on certificate of job completed Contract Any Direct Labour Procurement must possess these characteristics to qualify as non contract procurementa. Ownership of procurement facilities - The Ministries, Department and Agencies of Government must use only the in-house resources for the design and execution of the project. b. Absence of contractual relationship with both staff and non staff, in the procurement. c. Payment should be through cash advance to staff.

The cash advance must be retired at the end of the procurement and within approved limit.

DIRECT LABOUR PROCUREMENT AND THE NIGERIAN TAX LAWS The schedule to the Companies Income Tax {Rate, etc of Tax deducted at source (Withholding Tax)} Regulations 1995 exempts those transactions which are, and indeed constitute “Outright sale or purchase of Goods and Property” and which take place “in the ordinary course of that particular kind of business”, from Tax deduction at source. Where a sale or purchase transaction becomes repetitive or habitual, it will not qualify for exemption. The sale of goods on a once-for –all basis will qualify for the exemption in so far as it meets the second condition. A sale takes place in the ordinary course of business when it takes place in the course of that particular business. Where, for instance, a trader sells goods directly to third parties, he will be seen as acting in the ordinary course of his business, that is, trading. However, where the trader enters into contract for the sale of the goods, he is no longer acting within his ordinary course of business, that is, trading, but has made an adventure into another business, that is, contracts. Further, a manufacturer who makes contractual sale or purchase is no longer acting within his ordinary course of business that is manufacturing, but has gone into another business, that is, contract. Although the manufacturer may use the items purchased or sold in his manufacturing business, the contractual arrangement for the sale or purchase will be subject to 5% withholding tax.

Conclusion It is the Public Procurement Bureau’s Policy that Procuring Entities outsource those services that are either not part of their core business activity or for which there is a fluctuation requirement in the terms of specialist skills or equipment , or where the open market provides a more efficient and commercial alternative. It is also its policy that Services, Materials and Equipment shall be acquired by Procuring Entities at the most favourable terms compatible with the desired quality and delivery requirements, taking account of total life cycle costs and in a manner that safeguards and preserves the reputation of the procuring entity; and to support the development of an indigenous contractor base in Nigeria and particularly in the area in which the various Procuring Entities operate. Despite these comprehensive provisions in the Procurement Act and the Financial Regulations, many Government Agencies deliberately set aside contract award procedures in favour of Direct Labour Procurement option.

The pertinent questions would be: - why are the MDAs interested in Direct Labour Procurement method? Could it be for better quality delivery, availability of more competent In-house staff, cost saving, non availability of competent contractors or Tax planning etc? Whatever the reasons, their actions should be guided by relevant Laws. They should be sure and ready to prove a case

• Acting Executive Chairman, FIRS, Alhaji Kabir Mohammed Mashi

for Direct Labour in the Public Procurement Act, that they have ascertained:- that a schedule of rates, cost – plus or target contract would not be feasible, as quantities of work to be carried out cannot be defined in advance; that works are small and scattered or in remote locations with no local contractors and demobilization costs for outside contractors would be too high; that works must be carried out without disrupting existing operations; that the risk of unavailable work interruptions is better borne by procuring entity than by a contractor; that no contractor is interested in conducting the work at a reasonable price; that it has been demonstrated that Force Account (Direct Labour) is the only practical method for constructing and maintaining works under special circumstances; or that national security would be compromised if any other method was used. Any Tax planning that violates the provisions of the Tax laws is illegal.

Some Government Accounting Officers are quick to argue that the reason for Direct Labour Procurement option is the absence of budgetary provision for the payment of VAT which are invoiced to them by the contractors. It is advisable that Accounting Officers of Ministries, Departments and Agencies of Government should include the VAT payable in the budget estimate for approval instead of violating the provisions of the relevant laws. From the content of the Financial Regulations and the Accountant General Circular of 2009, it is instructive to note that any payment for public procurement above Two Hundred Thousand Naira may not be accepted as a payment for Direct Labour, and could be deemed as Taxable Government Expenditure.

‘It is advisable that Accounting Officers of Ministries, Departments and Agencies of Government should include the VAT payable in the budget estimate for approval instead of violating the provisions of the relevant laws’

THE NATION MONDAY, NOVEMBER 24, 2014

35

THE NATION

BUSINESS JOBS

• Oil and gas park (Insert: A safety expert at work)

Health, Safety and Environment (HSE) is a concept that has the potential of providing thousands of jobs for people in the oil, gas, maritime, mining, and other sectors, where there are ecological problems, writes AKINOLA AJIBADE.

Jobs as F firms adopt safety valves

OR job seekers, it is time to look in ward and tap into opportunities around them as white collar jobs have become difficult to come by. The situation is getting worrisome as companies are either closing down or relocating to neighbouring countries where they hope to get comparative advantage. For instance, tyre giants such as Michelin and Dunlop Nigeria Plc have left the country because of bad economy. Also, Cadbury Nigeria Plc and other multinationals have relocated to Ghana to stay for growth.

The Manufacturers Association of Nigeria (MAN) in a report, said many Nigerian companies are now producing in Ghana, Cote’d Voire and other countries in the West African region. MAN said the prevailing economic situation is taking its toll on the sector as millions of people have lost their jobs.

More people, it said, would join the labour market as the country continuess to grapple with epileptic power supply. With no

jobs anywhere, the unemployed are faced with the reality of creating jobs for themselves.

An area with job prospect is Health Safety and Environment (HSE). It has to do with the safety and welfare of workers. It lays emphasis on ecological problems of workers and ensures that companies achieve their objective of posting good returns on investment. Introduced in the oil and gas industry decades ago to reduce the effects of effluents or oil discharges, HSE has taken a multi-disciplinary dimension. Apart from the fact that individuals can work on their own as Human Safety and Environment experts, companies are employing them for growth.

In the past, oil and gas and maritime firms mandated their workers to get a certificate on HSE, in addition to their academic qualifications to fit into the system. They later realised that they needed skilled personnel to handle such issues. The development has

opened opportunities for trainers and consultants to earn a living.

The Nation learnt that consultants or trainers on HSE are well paid, in view of the sensitive nature of their jobs. It was gathered that people consult for companies in areas such as oil spillage, hydro carbon prevention, among others. Also they advise companies on how to mitigate the effects of oil spillage on people living in the oil producing communities, what should be done to prevent such occurrences, and others. Also, the HSE trainers collect a lot of money from clients who came for training.

Former President, Petroleum and Natural Gas Association of Nigeria (PENGASSAN), Babatude Ogun said there are untapped opportunities in HSE. Ogun said people who veered into HSE management made a lot of •Continued on page 38

36

THE NATION MONDAY, NOVEMBER 24, 2014

JOBS •Continued from page 37

money, adding that local and foreign companies never dispense with their services.

He said the prospects of getting jobs as Health Safety and Environmental management experts was high, advising the unemployed to try the area. The area, he said, has opened job windows for people, since Nigeria is one of the largest producers of crude oil in the world. He said HSE has the potentials to create thousands of jobs, adding that people can work on their own or with the oil companies.

Ogun said: “There are lots of health, safety and environmental issues in the (Onshore and Offshore) segment of the oil industry. There are issues relating to the physical conditions of oil workers, safety of oil sites, effects of oil leakages, gas flaring, among others. These must be handled by experts. Because the oil industry is broad, technical and sensitive, different safety and health related issues do come up daily. People working in the Health Safety and Environmental management have a wider scope of activities. They work in line with the situations on ground. They carry out maintenance jobs, ensure safety of equipment, workers and oil sites.’’

Multinational oil companies, he said, have not been able to employ enough people to render HSE services, adding that more workers are needed by the companies.

He said HSE workers are needed in the banking industry too.

“Every sector of the economy requires the services of HSE personnel. Unfortunately, such workers are not enough in Nigeria. When there are oil leakages in the industry, multinationals cover them up to escape punishments. Such things can never happen if there are enough local safety and environmental experts on ground. The awareness is growing. With time, more people would go into Health, Safety and Environmental management because of its immense opportunities,” he said.

Ogun said the government must compel foreign oil majors to comply with safety and environmental guidelines, adding that the de-

Jobs as firms adopt safety valves

• Supervising Minister of Labour and Productivity Alhaji Kabiru Turaki

velopment would provide job opportunities for people.

An expert and a consultant on HSE, George Porbeni, said HSE is a promising area for graduates willing to go into it.

• Chief ‘Emeka Wogu

Porbeni said people must be certified before they can work in those areas. He said the training has exposed him to the rudiments of environmental and health management issues, adding that train-

ers earn good income. He said people would earn a living through HSE once they get the right skills.

Companies, he said, are yet to give the area the desired attention,

‘We need specialists in the area of health, safety and environmental management to promote economic growth.

That area is for educated and intelligent people. We have a pool of unemployed graduates who can easily fit into it.

Safety and environmental issues are all encompassing.

They cut across different sectors of the economy. This implies that various sectors need such workers to survive’

stressing that the future is bright for people that specialise in health and environmental areas.

He said oil companies operating in Rivers, Bayelsa, Cross River, Akwa-Ibom, Delta among other states, have ecological problems to contend with, arguing that health safety and environmental expert who knows his onions would get jobs to do.

“There are many oil servicing companies in Bayelsa where I came from. They are conscious of human and environmental degradation caused by production and exploration of oil. They want to reduce it as much as possible, by making use of HSE experts that can advise them,” he said.

The former President, Manufacturers Association of Nigeria (MAN), Bashir Borodo, said the country lacks adequate manpower in the area of Health Safety and Environmental management. He said companies spend fortune on physical and material assets, adding that the safety of the assets must be guaranteed before meaningful growth can be recorded. He said people must be employed for the safety of the workers and the environment in which the companies operate.

“There is dearth of workers in that segment. We need specialists in the area of health, safety and environmental management to promote economic growth. That area is for educated and intelligent people. We have a pool of unemployed graduates who can easily fit into it. Safety and environmental issues are all encompassing.

They cut across different sectors of the economy. This implies that various sectors need such workers to survive,” he said.

According to him, manufacturing companies that use chemicals that damage the lungs, kidneys and other part of the body when workers inhale them need to provide a preventive measures. The measures, he said, include hiring consultants on HSE who would be guiding them on what they can do to prevent environmental hazards.

Another area, he said, is by hiring people who can train workers periodically to acquaint them with methods of reducing environmental problems.

CAREER MANAGEMENT

A

JOB application (referred to as cover letter by Americans) is the first impression a potential employer gets of you, and it can make or break your chances. As you only get one chance to make a positive first impression, then you need to be careful and do your best to do everything right.

Something to honest confession: Following these guidelines perfectly won’t guarantee that all your application will get you somewhere as some managers look for some pretty strange things.

Application form Some jobs require an application form and some don’t. When there is an application form ( sometimes called application blank), it asks for the information the employer wants to know, like work experience.

Most information required is already on the Resume. Nevertheless, it is important to include all the relevant information. The reason employers take this route is to provide a standard format for assessing applicants. Don’t leave a field blank unless it’s optional or you don’t have any relevant information to include.

Another important thing to do right is how you format the information in each field. If you format things like your phone number or your name (I have seen it) incorrectly, an employer is likely to as-

How to apply for a job

By Olu Oyeniran

sume you have poor communication skills. This means proper capitalisation in text, proper grouping in phone numbers and proper layout of things like addresses.

Cover letter Sometimes entry level positions wouldn’t require a cover letter but all higher level and professional jobs do. Your cover letter should be tailored specifically to the job you’re applying for and, when possible, addressed directly to the hiring manager or the person-with-the-power- tohire. A cover letter should be brief, generally one page and never more than two, and professionally written. You should clearly state why you think you would be most suited to the position and the organisation.

It’s crucial that your spelling and grammar are correct. One spelling error could remove you from consideration instantly.

Read over your cover letter at least once, probably twice, before it goes off to an employer.Better still, get somebody to look it over for you.

Résumé Your résumé is the core of your application and thus the most important. It’s always a good idea to tailor your résumé to the job somewhat and you absolutely must format it correctly.

(You’ve probably noticed a theme.) It should be separated into sections that deal with the things employers look for, like work experience and education.

Be sure to keep all your points brief. Say the most important things firstHiring managers have a large volume of applications to review and only have a few minutes to look at each one .

Typos, grammatical errors are a no, no, no. If you feel needs to be expanded on you can do so in your cover letter but only if it’s particularly relevant.

Email application Even though email is usually regarded as quite casual, an email application is not. You generally don’t need a separate cover/application letter, the email body can serve that purpose. All the same rules apply to

the email that apply to a conventional cover letter. The subject line should always contain the position you’re applying for.

Addressing the hiring manager In cases where you know the name of the hiring manager, you need to address them properly.

The rule of thumb is to start as formal as possible and get more casual when they indicate it’s appropriate. Obviously, if all you know is a first name then it’s appropriate to use it but if you know a surname then that’s what you should use to start with.

The only exception is when you have no indication of what the appropriate salutation would be, like if they have a unisex first name such as Alex. If you’re applying to me, you should start by addressing me as Mr. Oyeniran and later, once I’ve demonstrated that I’m a fairly casual employer you could start addressing me as Steve or Steven if you’d like.

Truth is the last part hardly apply in this part of the world.

Application method Most job postings include how you should apply and all list at least one piece of contact information. When there’s an application method listed, that’s how you need to apply. Otherwise you could be eliminated without your application even being read. If there’s only contact information, then the method is at your discretion, just be sure to do it properly.

Hopefully you found this helpful and will make your job search easier.

EkiniConsult & Associates is organising 3 free and open workshops, “Knocking on the Right Doors- Strategies for Uncovering the Hidden Job Market” for The Nation readers in Lagos. A free eBook of the same title will be given to those who may not be able to. If you are interested, send-in your name, location, email address and GSM no to 080-8384-3230. Precede with the word ‘ATTEND’ for those who want to come and ‘FREE EBOOK’ for those who want the free eBook only.

•Oyeniran is Lead Consultant, EkiniConsult & Associates. He can be reached on Jobsearchhow.com.ng Tel 08083843230 (SMS Only).

THE NATION MONDAY, NOVEMBER 24, 2014

37

THE CEO One year ago, the private sector took over electricity distribution and generation in the country. Things appear not to have changed as power supply remains epileptic while the consumer is inundated with ‘crazy bills’.

The Managing Director/Chief Executive Officer (CEO), Ikeja Electric (IE) (former Ikeja Electricity Distribution (IKEDC), Abiodun Ajifowobaje, an engineer, says all the inherited problems in the industry are being addressed. He laments that consumers by-pass meters, thereby causing losses to the firm. He speaks with MUYIWA LUCAS and DADA ALADELOKUN on the journey so far, the attendant challenges and how the

‘Vandalism, power theft remain daunting challenges’ I

T is one year since the handover of electricity distribution to the private sector.

How has the Ikeja DISCO fared under your leadership?

Indeed, it has been a very challenging journey. And I will say it has also been interesting, but we are forward-looking. The challenge to make a change in the power sector and by extension, empowering Nigerians, has been the driving force behind the company’s operation in the period under review. When the baton was handed to us on November 1, last year, we immediately hit the ground running and I am happy to say that with the support of our customers and stakeholders, we have established a foundation for enhanced service delivery driven by our contact centre, ongoing infrastructure upgrade, robust customer engagement and deployment of new technologies. The high-point of this first year and one, which I am very passionate about, is our change of identity from IKEDC to IE, which stands for Ikeja Electric. For us, this is not just a change in logo or identity; it is a whole new paradigm shift that promises innovativeness and service delivery at its best.

What does this change from IKEDC to Ikeja Electric mean to the customer?

The new logo symbolises renewed dynamism, professionalism and innovation. And we have earmarked several engagement activities to ensure that customers are carried along with the identity change which will be reflected across all our touch points with them. Now, more than ever, Ikeja Electric remains committed to upgrading service excellence within our network. Our new look is a symbol of a new spirit, new energy and a new drive, which promises a brighter future for our customers.

In fact, Ikeja Electric will soon be known and embraced as a symbol of service excellence and reference point for innovativeness in the sector. I must also add that the change in logo implies new digits and email address for its contact centre operations, which have been widely commended for bridging the gap between the company and its customers.

Can it be said that the government’s decision of transferring Distribution Companies to the private sector was justified?

The best thing that could happen to the power sector in this country is the privatisation. Nigerians should give kudos to the Federal Government for the laudable initiative. Prior to the privatisation, the industry was in need of fresh investments to boost capacity and supply. Privatisation has given the sector a boost with the introduction of private sector initiative, which is completely changing its operational framework all over the country.

In terms of power supply, many believe that there is no difference between the pre-priva-

•Ajifowobaje

‘Our daily maximum power demand is about 1,250MW, while what we have got between the day we took over and now on the average is about 300 to 400MW. What we have to put in place is a sustainable effective load management to ensure that there is equitable power allocation to all levels of our customers’ tisation and post-privatisation periods because electricity supply seems not to have improved.

How do you react to this?

Transition to uninterrupted power supply is work in progress in Nigeria and I am certain that the advent of privatisation will deliver that project in our nation.

However, Nigerians must realise that it will take time to reach the desired levels of gas availability, infrastructure, human capital and financial backing needed for complete transformation.

We all need to work together to make this happen. Every Nigerian must have a stake in the transition; we should work together to stop the activities of vandals and those that specialise in energy theft and destruction of power facilities and installations.

Inadequate power allocation

from the national grid is a challenge to power distribution.

What are the options for DISCOs in this regard and how are you handling the situation?

We have to ration supply to our customers. We resorted to what we technically call load-shedding. Our daily maximum power demand is about 1,250Mw, while what we have got between the day we took over and now on the average is about 300 and 400Mw. What we have to put in place is a sustainable effective load management to ensure that there is equitable power allocation to all levels of our customers.

We are also looking at alternative sources to complement allocation from the grid. This is what we call embedded generation to feed some customers within the locality outside the national grid system. Plans are ongoing to

achieve this. We have received proposals from many companies, which have expressed their willingness to partner with us in generating power supply. We have invested over N1billion in network rehabilitation and expansion in the last one year. We are continuously investing in infrastructure upgrade, new technology and human capital development. With regard to our installations, I am happy to tell you that the accident rates have dropped within the network following our robust strategy and investment in re-conductoring of weak lines.

We have also concluded arrangements to carry out safety enlightenment campaigns within the network. Very soon, you’ll be seeing various safety signs along our network to draw public attention to dangerous electrical facilities. The government and the

public have roles to play. Living, trading and working under hightension lines should be avoided to reduce the risk of electrical accidents. We will always be ready and willing to spearhead initiatives aimed at ensuring safety within the sector as the vision of Ikeja Electric is to extend our services beyond the shores of Nigeria.

The issuance of pre-paid meters still remains contentious as several customers are yet to be allocated same even when they have paid for them. What is your company doing to address this seeming anomaly?

Metering is a key issue in distribution. We have realised that there is wide gap in customer metering. Over 70 per cent of our customers are either without meters or with obsolete ones. We are poised to fill this gap. For now, we have ordered meters and will start metering before the end of the year. We will be rolling out 500,000 meters in the next three years for effective billings on electricity consumption by customers. We are working on a robust metering model that will promote transparency in billing and eradicate energy theft. So far, about 136,000 customers with the company have been provided with prepaid meters to date.

The ugly side of it is that some people have perfected the act of by-passing the meters. To date, about 36,000 customers have been discovered to have bypassed the meters, and this poses a serious challenge to the company. We are working with security operatives to enforce prosecution of offenders. We also urge our customers and indeed, the public to report people involved in this act as it affects the network, thereby resulting in throwing more homes into darkness, economic losses from surges and possible death through electrocution.

“Crazy bill” or estimated billing is rampant in the absence of a pre-paid meters. To many, this is cheating since the bills are usually more than the electricity consumed. How do you address this problem and when is it likely to stop?

Estimated billing is unavoidable for customers who do not have meters or those with bad meters. We use scientific methodology through energy delivered to the transformer feeding the customers. However, metering of customers will solve the problem associated with estimated billing. This is where we are headed in Ikeja Electric and I am confident that we will achieve this.

Many communities have accused your company of charging them for transformer installations. Are communities supposed to pay for installing transformer and accessories?

Ikeja Electric does not charge for transformer installations. We have heard reported cases of communities contributing money to get transformer installed. This, I say emphatically, is not at the instance of •Continued on page 38

THE NATION MONDAY, NOVEMBER 24, 2014

38

THE CEO

‘Vandalism, power theft remain daunting challenges’ •Continued from page 37

the management of Ikeja Electric.

We have discovered along the line that there is always connivance between some community leaders and some perceived staff of distribution companies in this regard. In Ikeja Electric, our policy stands; we don’t demand money from any customer to install transformers or other electrical equipment.

Vandalism of power equipment remains a problem in this industry. How do you guard against this?

Vandalism is like a virus, which is destroying the power industry in Nigeria. The socioeconomic implication of vandalism is colossal. It throws communities into darkness and hit the commercial and industrial activities of the affected areas. By the time we took over, there were 42 transformer substations out of circuit due to vandalism.

We spent huge sums of money to revive them so that the affected communities could have power supply. Such money spent to replace stolen/damaged equipment would have been better used to expand the network. What we have done is to enlighten the public through the media on the effect of vandalism. We are also partnering with security agencies in Lagos on curbing the menace.

We have visited the State Security Services, the Lagos State Police Command and the Nigerian Security and Civil Defence Corps (NSCDC). We are also in constant touch with the community leaders, propping them to assist in securing these equipment in their domains.

The people’s perception of the power industry over the years has continually cast doubts on its integrity. How has this affected your business and can this be changed?

The image problem of the power sector is basically, a result of inadequate power supply. The billing and metering issues are also there.

For us in Ikeja Electric, I am sure the public will agree that we are currently moving away from the past in terms of service delivery.

This is still work in progress and this is why we are taking on a new

•Ajifowobaje

‘Ikeja Electric does not charge for transformer installations.

We have heard reported cases of communities contributing money to get transformer installed. This, I say emphatically, is not at the instance of the management of Ikeja Electric. We have discovered along the line that there is always connivance between some community leaders and some perceived staff of distribution companies in this regard.

In Ikeja Electric, our policy stands; we don’t demand money from any customer to install transformers or other electrical equipment’ identity to help us move the conversation of effective service delivery further. Unlike in the past, customers can now contact us without leaving the comfort of their homes or offices through our call centre. Once a call or e-mail is put through, customers are sure of getting a feed back to their complaints via our call centre, which I have stated above.

We also have a rebranded walkin customer care with properly trained customer service executives, who courteously handle customers’ issues. Moreover, we are constantly empowering our field operations staff to serve custom-

•Ajifowobaje

ers with respect and courtesy. Our outlook has also changed with our rebranded new service vehicles and properly kitted technical workers while at work and they are always ready to help customers.

Public opinion about staff attitude in the privatised power sector is not different from what it used to be under the defunct PHCN. For instance, there are allegations that DISCOs, through their staff, extort money from customers before rendering services. Why is this so?

Ikeja Electric has always been against extortion in any form. This policy has been communicated to all staff and they are aware that any staff caught in the act will be summarily dismissed if found guilty.

We have also communicated this to customers at various engagement sessions, encouraging them to always demand proper identification from our staff and report anyone who requests money to render duly approved services.

The challenge we have been contending with is the fact that most customers, who allege extortion, back out when asked to prove it. But the company’s policy is that customers should not bribe our staff while the latter know that they must not demand bribe to do their job.

We are very resolute when it comes to upholding our integrity

and professionalism. We carry out periodic staff development programmes, which border mostly on attitudinal change and a paradigm shift that put the customer first. We have a policy of regular training and learning sessions for all categories of staff. We also hold quarterly town hall meetings where the Board and Management meet with all staff to create harmonious relationship and better understanding of the company’s policy and focus. I strongly believe there is a paradigm shift in staff work ethics and attitude.

As a company in transition, how have you been relating with your customers?

Well, in Ikeja Electric, our customers remain the focal point of our operations and we hold them in high esteem. We have made a lot of progress through our regular engagements with customers. In fact, Ikeja Electric comes first in this regard. Since the take-over, we have held series of meetings with Community Development Associations (CDAs) and Community Development Committees (CDCs) within our network for better working relationship with our customers.

At these meetings, outstanding problems are solved, while issues raised are amicably resolved and customers are educated on the operations of the company. We have opened channels of communication where customers can reach us and get feedbacks. I just mentioned the call centre, which

is very much at the heart of the company.

The Ikeja Electric call centre is the first of its kind in the power industry to cater for the customers within the Business Units in English, Yoruba and Hausa languages via telephone calls and e-mails for quick response to complaints. We also contribute to developments in the communities through social responsibility initiatives.

We have had free eye surgeries for customers, media check-ups, malaria treatments, high blood pressure checks as well as awareness missions to schools to educate pupils on how power works and how we can sustainably use power to the benefit of all.

What are the Corporate Social Responsibility (CSR) initiatives your firm has undertaken?

We have since established a framework for reaching out to the communities where we operate and already impacting lives positively through our initiatives. We have organised CSR programmes in various communities within our network. We carried out health programmes, which involved free hypertension and diabetic checks and treatment; free eye tests with free eye glasses and surgery, where necessary. We also carried out enlightenment programmes in Senior Secondary Schools on electricity valve chains, conservation of energy, illegal connection and vandalism.

Educative gifts were freely given to the participating schools.

‘We have also communicated this to customers at various engagement sessions, encouraging them to always demand proper identification from our staff, and report anyone who requests money to render duly approved services’

THE NATION MONDAY, NOVEMBER 24, 2014

39

BUSINESS MOTORING

The Los Angeles (LA) Auto Show is one of the events that prepares the mind for new vehicles. There are big announcements and debuts from automakers. Audi has chosen this year’s show to unveil its new Prologue, writes TAJUDEEN ADEBANJO with agency addition.

•Audi

Audi storms LA show with Prologue N

OWHERE are looks as directly proportional to value as in Los Angeles, California. Fitting, then, that Audi chose to unveil its latest concept, the Prologue, among the palms, producers and plutocrats of the Hollywood Hills.

The Audi Prologue concept can essentially be thought of as an A9; at least, that is where it would fit into the brand’s lineup, as a twodoor A8. Revealed last week in Los Angeles, the stunning coupe actually serves as the template for Audi’s future design ambitions, and the low-slung stance, muscular bodywork, and the sharp, accentuated features will find their way on to the new A7 and A6 sedans.

If nothing else, the Prologue is perhaps the most soberly named concept car in recent memory, as its chief purpose is to announce the brand’s new design direction, now under the full influence of Audi design chief and Volkswagen design graduate Mark Lichte. The Prologue is effectively Audi’s new Rosetta Stone.

But why would Audi, a brand that few individuals possessed of eyeballs would accuse

•interior of homely styling, need to change its design direction?

As the world’s second-largest luxury car brand by volume behind BMW, and contributor of 40 per cent of the entire VW Group’s total profits, it clearly is doing something right.

“Never sit still,” Lichte said.

Indeed, some keen observers have grown less expectant of new Audis in recent years.

The cars are all pleasing, attractive and discernable as Audis, but differentiation has diminished among the model ranges. While this builds cohesion, it leaves little opportunity for distinction or charisma, particularly in the sedan classes, where the pricing brackets could span a range of over $100,000 between the A3 and top-line A8.

Key influences for Lichte and his team were the mechanicals beneath the metal; engineering considerations were top of mind in the design studio. As in human physiology, Lichte is able to suggest what is under the skin in muscle and bone. And in Audi’s case, those immutable innards are Quattro all-wheel-

drive and a front-mounted, 4-litre twin-turbo engine, sited just ahead of the front axle line.

The front weight bias and all-wheel-drive foundation simplified and clarified the design task, Lichte said.

The Prologue’s grille is lower, wider and a touch more angular than other Audi maws, flanked by thin, icy headlamps. The air intakes beneath the headlamps can therefore be “technological”, in Lichte’s words. Some might take that to mean “busy”, but with simple lighting elements above, the Prologue can afford the pizzazz.

Out back, severely raked rear glass contrasts with the more upright windshield. The greater intrigue, though, is the rear glass’s slightly concave shape, which suggests that the C-pillars – the solid buttresses behind the rearpassenger glass – are sail panels. This also affords a more expansive trunk deck, and ultimately more luggage space. A liftgate was never considered for the Prologue, Lichte said,

even though the car’s profile sooner evokes a fastback like Audi’s svelte A7.

Finally, reinforcing Audi’s position as the industry’s most lighting-conscious brand, LED taillights are highly three-dimensional, with strong texture and a light-band element that runs the width of the trunk lid – an element that Lichte said will distinguish many future models.

Inside, the pillar-less roof design pays dividends, yielding a clean, airy interior accented by sharp horizontal planes and a near total lack of buttons and dials.

“I worked the last 17 years almost exclusively on exteriors,” Lichte said. “I don’t actually have a lot of interior experience, but I have a vision for the future Audi interior.

We want simple, integrated displays, not only because simplicity is better, but because integrated electronic displays make it possible to present all the vast information drivers want and need today and tomorrow.”

That thinking is already apparent in the TT sports coupe, which foregoes a traditional centre-mounted display in favour of a multifunction gauge cluster, right at the driver’s line of sight.

Though the early intel on the Prologue suggested it would light the way for a new, standalone model, Audi is in no mood to talk particulars. Lichte did allow, however, that the cues worn by the concept car will be brought to bear on the flagship A8 sedan for the 2016 model year.

UK’s first ‘poo bus’ hits the road

B

RITAIN’S first bus powered by human waste is taking to the streets.

The 40-seater “Bio-Bus” is fuelled by biomethane gas generated by the treatment of sewage and food waste at a processing plant.

A single tank of the gas, which is produced using the typical annual waste of five people, is enough to power the vehicle for 190 miles.

Bosses said the ground-breaking vehicle will improve air quality and prove there is value in human waste.

The maiden voyage will see the first passengers travel on the route from Bristol Airport to the historical city of Bath, Somerset.

The gas is being produced at a Wessex Water sewerage plant run by energy firm GENeco.

Mohammed Saddiq, director of GENeco, said: “Gas powered vehicles have an important role to play in improving air quality in

UK cities.

“But the Bio-Bus goes further than that and is actually powered by people living in the local area, including quite possibly those on the bus itself,” he said.

The annual waste of a bus-load of people would provide enough power for a return journey from Land’s End to John O’Groats while producing less emission than a diesel engine.

Charlotte Morton, chief executive of eco-friendly organisation Anaerobic Digestion and Bioresources Association, said: “The bus also clearly shows that human poo and our wasted food are valuable resources.

“Food which is unsuitable for human consumption should be separately collected and recycled through anaerobic digestion into green gas and biofertilisers, not wasted in landfill sites or incinerators,” Morton said.

Collin Field, engineering direc-

•Poo bus

tor at Bath Bus Company, said: “Up to 10,000 passengers are expected to travel on the A4 service in a month, which is available not only for airport travel, but also local journeys along the route through Saltford, Keynsham, Brislington, Knowle and Hengrove.

GENeco last week also became the first company to start delivering gas generated from human waste directly to 8,300 homes by the national grid.

The waste plant in Avonmouth, Bristol, treats 75 million cubic meters of sewage waste, and

35,000 tonnes of food waste, every year.

Using anaerobic digestion - the process of using bacteria to break down substances in the absence of oxygen - the plant is able to produce 17 million tonnes of biomethane a year.

40

THE NATION MONDAY, NOVEMBER 24, 2014

MOTORING

‘2015 50% road accidents reduction achievable’ T HE target of reducing road deaths by 50 per cent by the year 2015 as set out in the Accra Declaration (2007) by African Heads of States and Governments, and the United Nations Decade of Action for Road Safety: 2011 – 2020 is attainable, the Federal Road Safety Corps (FRSC) has, Boboye Oyeyemi, said.

He made this known at the Postcrash management workshop for traffic management agencies organised by the Shell Nigeria Exploration and Production Company (SNEPCO) in Lagos.

Oyeyemi, who was represented

Stories by Tajudeen Adebanjo

by FRSC Lagos State Coordinator for Special Marshal and Participation, Babatunde Benson, said the main objective of post crash management is to avoid loss of lives by untimely or improperly administered medical care in the hectic aftermath of crash/disaster.

He hailed SPDC for its sustained contributions to the promotion of safety in Nigeria.

Oyeyemi reiterated the need for mutual understanding of the roles the various emergency

agencies in emergency management.

“I commend the holistic and collaborative approach of the training programme as evidenced in the assemblage of key emergency managers in the City of Lagos.

This will go a long way to cementing the existing synergy among the agencies in handling disaster,” he said.

Shell Communications General Manager, Dr Philip Mshelbila said 75 per cent of fatalities occurrences are due to post crash activities.

This, Mshelbila said, is due to

inadequate knowledge on how to rescue victims.

Training people on post crash activities, he said, is germane to reduction of the fatalities.

He pledged that SNEPCO will continue to work with FRSC and other stakeholders to bring sanity on the roads.

For Mrs Wabotem Ene, Road Safety Coordinator, Shell Companies in Nigeria, the duty of the company is not only to support traffic managers, but also to ensure that people walk the talk.

Mrs Ene challenged the stakeholders to always do the right

thing in reducing road crashes.

Mr James Adefila, the Head of Disaster Management Department of the Nigeria Security and Civil Defence Corps (NSCDC), urged the organisers to extend the training to marketers and various schools because disaster management might not be on ground when accident occurs.

Mrs Esther Johnson-Agiri of the Lagos State Fire Service called for localisation of the campaign for road accident reduction.

Post crash accidents, she said, could be prevented if volunteers on the spots know what to do.

Ashok Leyland promises enhanced aftersales

A

SHOK Leyland Nigeria Limited, country representatives of Ashok Leyland India has announced plan to fortify her services in Nigeria with the introduction of total transport solution and support for customers to improve the operating economics of the brand during its life cycle.

Mr Nujum Riyaz, country Manager, Ashok Leyland Nigeria Limited gave this hint at the inauguration of the company’s new office in Ikeja, Lagos Riyaz said modern technological advancement in vehicles including new engine and fuel systems’ design have raised the consciousness of customers as well as demand for Original Equipment Manufacturers (OEM) service with effective after-

market support.

He said: “Our way forward therefore would be total transport solution to customer as well as end-toend support to improve the operating economics of Ashok Leyland vehicle during its life cycle.

“Ashok Leyland is introducing standardised uniform experience for customers to alleviate their apprehensions about dealer outlets and similarly enhance the identical feel of every dealership outlet with uniform processes across all the touch points in the country”, Riyaz said.

Currently, most state government transport corporations including the Lagos State BRT; some independent waste disposal companies and construction

firms use Ashok Leyland buses and trucks for their different applications.

The Ashok Leyland country manager said the new office which includes a spare parts distribution centre for its network nationwide would ensure uninterrupted supply of genuine spare parts throughout the life cycle of its products sold in Nigeria.

These services, according to

Riyaz, would be extended to all Ashok Leyland workshops and they will be stocked adequately with spare parts, manufacturer trained technicians and comfortable customers’ lounges to align with standard practices across dealerships.Ashok Leyland however seeks to replicate the brand achievements in Nigeria where it promises to begin intensive customer-programme-based ‘train the trainer philosophy’ and fleet

management system to ensure increased operational efficiency and fleet uptime.

“With this special focus on the customer, Ashok Leyland has set new benchmarks in the aftermarket division,” Riyaz stated.

He said the differentiating factor among competitions would be measured on after sales service with quality of service delivery as technology platforms are getting unified on performance and comfort.

ABC Transport acquires new buses for new routes

T

HE MANAGEMENT of ABC Transport Plc has acquired 15 new buses for its Sprinter Service operations, as part of its plan to refocus the service and bring it much closer to customers in major locations. This plan was also informed by the increasing demands for the service in other parts of the country, where ABC Transport has not been operating initially.

Sprinter Service is designed to satisfy the needs of light travellers: passengers who like to travel with little or no luggage, who would rather travel smart on fully air-conditioned 14-seater buses.

With its compact yet portable size, the normal ABC Sprinter Service bus is best suited to operate in challenging road conditions and finding a way through tricky holdups to the benefit of its passengers who might not have to entertain much anxiety or fears of finding themselves stuck or stalled in traffic for too long. Moreover, the Sprinter Service operates scheduled departures, thereby offering passengers early arrivals to their destinations.

Unlike the typical mini buses deployed by some road transport operators, the ones used by ABC Sprinter Service carry 14 passengers only and boast of more legroom.

Keeping in line with the company unrivalled safety policy, only three persons are allowed to sit on a row on the Sprinter buses no cramping of passengers, excess luggage.

This is aimed at enhancing comfort of passengers while in transit.

In addition, Sprinter Service buses are equipped with speed governors enabling the drivers to avoid overspeeding, based on the strict safety standards for which ABC Transport is known.

Although ABC Sprinter Service has mainly operated in Lagos, Abuja, Owerri, Calabar, Uyo and Port Harcourt, its services will now be available in most of the ABC terminals across the country. With the injection of the 15 new buses into the existing fleet, Sprinter Service

will henceforth service customers in Enugu, Onitsha, Jos, Kaduna, Ikorodu, Onitsha, Gwagwalada, Aba, Awka, Ibadan, Umuahia, Lokoja, and Orlu. Plans are underway to set up new outlets in Port Harcourt and Enugu, to bring Sprinter Service much closer to customers living in those cities.

On ABC Corpers Rebate, National Youth Service Corps members are entitled to a N500 discount on fare every time they travel with the Sprinter Service.

•Ashok Leyland Falcon buses

Awards for NNPC, RT Briscoe, NURTW chiefs

T

HE Board of Trustees of Automobiles And Road Safety Initiative, a non-governmental organisation, is conferring the award of National Auto Safety Ambassador on Alhaji Najeem Usman Yasin, the National President of National Union of Road Transport Workers and other eminent Nigerians in December during its First Nigerian Automotive Industry Stakeholders Gala Nite and Awards of Excellence at Golden Tulip, Festac, Lagos.

According to the President of the organisation, Mr. Samuel Oriowo, “the organisation is bringing the

stakeholders together for an opportunity to have a self-appraisal of the industry and most importantly to appreciate sterling contributions of outstanding individuals as well as corporate entities’ to the growth and development of the industry through various awards and recognition; which hopefully will ginger more, better performance in the nearest future.”

Other eminent Nigerians to be conferred with the award include: Chief Clement Olowokande, Chairman, RT Briscoe Nigeria Limited, Mr George Osahon, Director,

Department of Petroleum Resources (DPR) and Alhaji Ibrahim Bataiya, PresidenT, Nigerian Association of Road Transport Owners.

For the award of State Auto Safety Ambassadors; Mallam Habib Abdulahi, Managing Director of Nigerian Ports Authority, Alhaji Tajudeen Agbede, Chairman, Lagos State Council of NURTW, Mrs Victoria Samson, Managing Director of Bovas and Company, Comrade Musa Mohammed, Chairman, Lagos State Branch of RTEAN, Mr Dayo Bello, Managing Director

KIA partners Diamond Bank on auto loan

P

OISED to make owning a new car easy and qick, Kia Motors Nigeria has renewed its partnership with Diamond Bank to offer auto loan scheme to potential customers starting from as low as N37,000 monthly payment plan.

The auto finance scheme is premised on the success of the previous partnership that paved way for many a people to own a Kia of their choice.

According to the Chief Commercial Officer of Kia Motors Nigeria, Mr Sandeep Malhotra, “the key motive behind this partnership is to bring car enthusiasts under the fold. This partnership will phase out

tedious loan processing with flexible repayment plans, hassle-free documentation and quick processing to suit customers’ needs and most importantly give the best payment plan option starting from N37,000 monthly repayment plan”.

Kia Motors Nigeria has remained the leading automobile company in the country to offer seamless auto finance schemes to her discerning customers with flexible payment options. In view of this, the recently signed partnership agreement with Diamond bank allows customers to get a new Kia car with 20 per cent equity contribution.

With this collaboration, customers get free vehicle registration, fixed repayment plan, no management fee, no commitment fee and a free smart phone on every purchase.

The scheme starts from November 14 to December 31. This partnership will pave way for both new and existing customers of the KIA brand to own a new vehicle of their choice in celebrating the yuletide period. With this scheme, customers can own a Rio or Picanto from as low as N37,000 fixed monthly repayment plan or Cerato, Optima and Sportage from as low as N57,000, N86,000 and N97,000 respectively.

of Innovative Multi-Concept Limited, among others.

The Minister of Transport, Senator Idris Umar; Minister of Works, Mike Onolememen and the Minister of Aviation, who brought changes to Federal Road Safety Corps (FRSC) before he was appointed a minister, Chief Benjamin Osita Chidoka would grace the occasion.

Lagos State Governor, Mr Babatunde Raji Fashola (SAN) would host the dignitaries expected.

Other prominent guests expected include: the Corps Marshall/Chief Executive of FRSC, Mr Boboye Oyeyemi; the Director-General of Standards Organisation of Nigeria, Dr. Joseph Odumodu; the DirectorGeneral of National Automotive Council, Aminu Jalal; the Group Managing Director of Oando Plc, Mr Wale Tinubu; the Managing Directors of Shell Nigeria Exploration and Production Limited, Total Upstream Nigeria Limited, Total Nigeria Limited, Mr. Tony Atta, Mrs. Elisabeth Proust and Mr. Alexis Vovk.

During the event, however, there would be life-time accomplishment recognition of the Pioneer Corps Marshal/Chief Executive of FRSC, Prof. Wole Soyinka and his successors, Dr. Olu Agunloye and Chief Chidoka.

42

THE NATION MONDAY, NOVEMBER 24, 2014

THE NATION MONDAY NOVEMBER 24, 2014

43

SPECIAL REPORT

Inside Nigeria’s stunted gas sector From the shale gas boom to the recent drop in crude oil prices in the global market, government’s indecision and inability to meet up with global best practices, the gas sector is bedeviled with myriad of problems threatening to make it lose ground to other countries. The experts’ verdicts is that there must be a clear, fair and stable fiscal and regulatory regime that allows long term planning and investing, writes OLUKOREDE YISHAU

I

T looks like a construction site. Huge piles of white sand lie in a compound fenced with barb wires. Men wearing booths and helmets can be seen. The height of the sand gives the impression that it is a product of years of stock-piling. Heavyduty trucks of a popular construction giant are also in sight.

A look further reveals a gigantic edifice with installations that must have taken some genius and years to put together. It is the sixtrain Finima, Bonny Island plant of the Nigeria Liquefied Natural Gas (NLNG) Limited.

The barb

wire-fenced compound is the site of the seventh train of the NLNG, which has for years remained in the pipeline.

NLNG Train Seven project will raise the liquefaction capacity of the plant to 30mtpa, consolidating Nigeria’s position as one of the largest producers and exporters of LNG. It will also provide jobs for construction hands.

In not-so-far away Brass, a sleepy community in Bayelsa State, lies the home of the Brass LNG. The project has been on for years. But not much has come out of it. It almost went under when a major shareholder, American firm ConocoPhillips opted out. Its reason: unfavourable business clime. How to address issues relating to its 17 per cent shares are yet to be fully attended to, thus

shifting the goal post.

A similar project planned for the Southwest, the OK LNG, meant to occupy a vast land between Ondo and Ogun states, has remained a dream. When it was first mooted, communities that were supposed to lose parcels of land to it were already agitating for compensation. The youths were almost becoming restive.

But, the peace of the graveyard has since enveloped the area.

The major blow to the project was when two major oil companies, Chevron Nigeria Limited and Shell Petroleum Development Company (SPDC), pulled out of it citing the non passage of the Petroleum Industry Bill (PIB). Both companies have a combined shareholding of 39 per cent in the project, with 19.5 per cent stake each in the company. Their divestment came four years after BG Group divested from the project.

The OK LNG was initiated in 2005, with the Nigerian National Petroleum Corporation (NNPC) as the major shareholder with 46.75 per cent stake, while BG Group, which had earlier withdrawn, had 14.25 per cent. The over $500 million already spent on Olokola LNG and $1 billion expended on the Brass LNG are laying fallow. These investments will go down the drain if no new investors partner the NNPC to see them through. It emerged last week that the NNPC and its partners, Total and Eni have acquired ConocoPhillips shares.

Experts say the delay in the development of the two projects have prevented Nigeria from earning over $3.5billion revenue per annum and de- nied Nigerians about 50,000 jobs expected to be created during the projects’ construction.

The NLNG and lost grounds

•Peterside

•Omotowa

The state of these projects has affected Nigeria’s position in the LNG market. Unlike the Brass LNG and the OK LNG, the NLNG is a project the country is already reaping from.

Incorporated 25 years ago, its first cargo of liquefied natural gas (LNG) did not leave the Bonny Port until ten years later. And once it took off, it appeared there was no stopping it. It rose so fast that it became the fourth largest supplier of LNG. Its six-train plant produces about 22 Metric Tonnes Per Annum (mtpa) of LNG for export and 5 MTPA of natural gas liquids (NGLS).

No thanks to indecision on expansion plans, it has been overtaken by other producers. It has lost its position as the third largest supplier of LNG. It now occupies the fourth position. There are imminent fears it will still dip further if its expansion plans are not concretised soon.

As at the time it celebrated the export of its 3000th cargo last January 6, a large expanse of land close to its •Mrs AlisonTrain Six in FiniMadueke ma, Bonny Island

was waiting for further action to house the Seventh Train of the plant. But years after work began on sand-filling of the site, there is no definite decision on when real construction work will begin.

The NLNG, once the fastest growing facility in the world, has lost grounds to Qatar and Australia. Qatar has moved its output from 20 million metric tonnes to 80 million metric tonnes.

Australia, from its previous 20 metric tonnes, now churns out 81 metric tonnes annually. NLNG is stuck at 22 million metric tonnes. Australia has 10 LNG projects, with 20 trains and $215 billion worth of final investment decision.

Yet, Australia has only 60 percent of Nigeria’s gas reserves. Nigeria has gas reserves estimated at over 160 trillion cubic feet.

The U.S., formerly a major LNG export destination, plans to become a net LNG exporter by 2016, with 1.1 billion cubic feet per day, projected to rise to 2.2 billion cubic feet per day in 2019.

China, with an estimated gas reserve of 1,275 trillion cubic metres, is also planning big for the LNG market. Mozambique too is set for a fair share of the market, with plans to build a two-train facility at advanced stage.

What really is the problem?

Some have wondered if the company, which contributes 4 per cent of the country’s Gross Domestic Product (GDP), does not have the financial wherewithal to see the project through. But checks have revealed that the company’s challenge with expansion has nothing to do with money. Industry Continued on page 44

44

THE NATION MONDAY NOVEMBER 24, 2014

SPECIAL REPORT

•Graph showing Nigeria’s gas resources

•NLNG plant at night

Inside Nigeria’s shore contracts for its proposed Train Seven, adding that with the United States of America joining the league of oil and gas exporters, it was imperative for the NLNG to explore other major importers.

Like Dr. Oknojo-Iweala, former Heads of State Gen. Yakubu Gowon and Chief Ernest Shonekan had earlier spoken about the need for the NLNG to expand. Both spoke during visits to its plant.

Shonekan said: “Nigeria no longer has the luxury of deferring major decisions or of picking and choosing developmental projects to do and in what order. The LNG market is tightening. Other nations are not staying idle…

“That Nigeria is still flaring gas is an unacceptable fact in today’s world, not only from a health and environmental perspective, but also for the basic fact that the perpetrators are burning cash. Again, as a former captain of industry and a statesman, I find it detestable that our country not only still leaves value on the table and walks away, year after year, but also continues to literally pour money into flames by flaring gas!

“These are some reasons that you must get on with Train Seven immediately… The NLNG has a very strong balance sheet and therefore does not need money from the federal purse to expand. It only needs government approval and support of its shareholders to build train seven.

“I am not entirely sure about what is delaying train seven. I gather that sales and purchase agreements for it were signed five years ago with buyers. Whatever might be delaying train seven, I call on the government to step in and ensure that the construction of that train takes off immediately. The time for it is now!

“This is why I call on the President of the Federal Republic of Nigeria to immediately order the acceleration of these gas projects in the interest of this country. Train Seven is a low hanging fruit. I urge the government to immediately pursue that.

“From the stand point of investment: it will cost Nigeria nothing; it will be built with third party loans.

Nigeria LNG Limited has solid credit ratings and can raise funds with

relative ease.”

To Gen. Gowon, the NLNG growth should be more than what it is. He said: “I am still not completely fulfilled that we haven’t reached our destination in that journey we started so long ago. I am worried that history is about to repeat itself as other players (including the United States, a previous importer now a net exporter) will get to the global market ahead of us and it may be another 30-50 years lost. I will not like to see another great opportunity lost due to our lethargy. We can’t afford to sit on the fence any longer.”

NLNG Managing Director Babs Omotowa believes expansion is the only answer to America’s shale gas development and other emerging natural gas producing countries, which are serious threats to NLNG’s current success story.

FID that takes forever in coming

For the Managing Director and Chief Executive Officer, Frontier Oil Limited, Mr. Thomas Dada, the Final Investment Decision (FID) on the projects have taken too long in coming.

He said: “For how many years has FID not been taken on Brass and OK LNG? Their prices are going to be influenced a lot more by the impact of shale gas on world gas market prices rather than the oil price, in my view.

“Shale gas is the big major determinant of that, and we can see that for shale gas, the Americans are changing the kind of markets that we have been supplying to. Many of their gasification terminals of the Eastern Coast are now being turned into liquefaction terminals. The Americans are going to start exporting LNG cargoes to the market we have been shipping to.

“There is a convergence of gas prices all over the world, especially the Far East and Henry Hub in America. The Henry Hub is beginning to play a role. So people will have to take a good, hard long look at their projects and see that is it a market that they can grab at a reasonable price.”

The concern of the Chief Executive Officer, Woodside Energy, Peter Coleman, is the effect of the oil

price slump on the LNG projects.

Speaking at the LNG ProducerConsumer Conference in Tokyo, he said: “The prolonged oil price slump will impact returns on existing LNG projects as well as threaten future projects. In this environment, LNG projects selling at 75-80 per cent oil equivalent simply face the axe.”

Former NNPC Group Managing Director (GMD) Andrew Yakubu blames the delay in the FID for the OK LNG and the Brass LNG projects on absence of technical partners.

He said the pullout of Conoco Phillips, Chevron and BG from these projects affected the development of the projects as initially planned.

Other worries

The United States, followed by Canada, leads the world in producing natural gas from shale formations. Shale gas is said to account for 39 per cent of all natural gas produced last year in the United States, where four licences have been issued for large scale production. Data from the Energy Information Administration, the statistical arm of the Department of Energy, shows that shale gas production will continue to rise. Already, shale gas has cut into the share of U.S. electricity provided by coal-fired power plants. It has fallen from 53 per cent in 1993 to 42 per cent in 2011.

EIA said U.S. shale gas production will increase 44 per cent between 2011 and 2040.

Gas hydrates, according to the EIA, could be a potential source of natural gas. It said one cubic foot of gas hydrate releases 164 cubic feet of natural gas when brought back to the earth.

EIA said: “According to the United States Geological Survey, the world’s gas hydrates may contain more organic carbon than the world’s coal, oil, and other forms of natural gas combined. Estimates of the naturally occurring gas hydrate resource vary from 10,000 trillion cubic feet to more than 100,000 trillion cubic feet of natural gas. Tapping such resources would require significant additional research and technological improvements. The U.S. Department of Energy recently selected 14 gas hydrate research projects to receive funding, building on a successful test in early 2012 in which a steady flow of natural gas was extracted from gas hydrates on Alaska’s North

,

Continued on page 43 sources say for this Train Seven to become a reality it needs the FID. The only person who can take this decision is President Goodluck Jonathan, through the Minister of Petroleum, Mrs Diezani Alison-Madueke. The Federal Government, through the NNPC whose board is chaired by Mrs. Madueke, controls 49 per cent of the company. The remaining 51 per cent is owned by Shell (25.6 per cent), Total (15 per cent) and Eni (10.4 per cent).

So far, the pre-FID work has gulped about $300 million. The company has decided to go on with the hope that the final decision will come soon. But if the words of Rivers State Governor Rotimi Amaechi are anything to go by, the FID may not be taken anytime soon.

Amaechi once quoted Jonathan as telling him that NLNG’s expansion has to wait until the Brass LNG in Bayelsa State takes off. There are no clear signs that the Brass LNG is set to take off.

The indecision on the FID is baffling given the fact that even top cabinet members have spoken about the need for the NLNG to surmount global challenges with countries, such as United States and others in East Africa, growing their LNG industry aggressively.

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, visited the company’s Finima plant November last year. She could not hide her excitement at these facts: it has made $25 billion from a $2.6 billion investment, has six-train plant worth over $15 billion, owns 24 ships and six ships are underway from Samsung and Hyundai dockyards; and so on.

Dr Okonjo-Iweala said: “I came after looking at your books and saw that you have been commercially viable and successful. The Nigeria LNG is an asset to the country.”

The minister, however, said the company must rise above the looming global LNG industry storm, which may see NLNG lose its market share if it does not expand. She said the company should consolidate its feed gas supply and ensure it secures long-term off-

For Nigeria’s oil and gas reserves to grow and for companies to invest in exploration and development of assets, there must be a clear, fair and stable fiscal and regulatory regime that allows long term planning and investing

,

Slope. Japan is also conducting research on producing gas hydrates from deepwater basins near its shores.”

The national utilisation of LPG is put at 150,000 metric tons, representing less than 10 per cent of the households in the country where a potential of 1.5 million metric tons exists. Surprisingly, the country is the sixth largest producer of LPG in the world, yet it accounts for the lowest utilisation of the commodity in sub-Saharan Africa.

Head of NLNG’s Corporate Planning Department, NLNG’s Head of the Department, Charles Orji, spoke of the other challenges before the LNG giant.

He said: “We have come to the end of our tax holiday, which means we will pay tax to the Federal Government and that definitely is going to affect the bottom line in terms of dividends paid to shareholders.There is competition expected from Australia. Down here in Africa, there is also competition from Angola. They have actually done their first shipment and Mozambique has also signed an agreement with the Japanese for an LNG Plant and a whole lot of the coast of East Africa is saturated

45

THE NATION MONDAY NOVEMBER 24, 2014

SPECIAL REPORT

•NNPC chief Dawha (right) in a chat-with Gaius-Obaseki at the status briefing session on the Brass LNG Project.

stunted gas sector ,

By the time the PIB is fully articulated and implemented, the current President andMinisterofPetroleum Resources will nolongerbeinoffice.

This Bill takes a while before it is operational. There are over80regulationsto be made for this Bill to be operational

,

with gas. So, we have to face these challenges as a company and we have to reposition.”

The shale gas challenge is also real. America has given out atleast four licences for shale gas production already. The licences are for production and export.

Aside shale gas, there is also the challenge posed by gas hydrates.

There are deposits of hydrates all over the world.

The NLNG also has internal issues to tackle, which include its aging plants. The plants need to rejuvenation. Gas supply for LPG production is another challenge. It faced serious challenges in this area earlier in the year. This challenge forced it to review down the number of cargoes it projected for export. It had planned to export 325 cargoes projected; it first reviewed it down to 305 cargoes and the realisation that it would not meet up forced it to further prune it down to 280 cargoes.

This problem has been linked to the fact that the country is not funding the Joint Venture Partners gas gathering

projects.

Side effects of stunted growth

The stunted growth of the industry is not without effects on the economy, health and the environment. The facts: over 112 million Nigerians still cook with unwholesome cooking fuels; the World Health Organisation (WHO) says about 95,300 deaths occur in Nigeria annually as a result of diseases and complications from inhaling dirty cooking fuels; the use of these unwholesome fuels results in the depletion of the country’s rainforest, making Nigeria carry the trophy as the world’s best in primary forest’s deforestation— between 2000 and 2005, the country lost 55.7 per cent of its primary forest.

Until late 2006, when the NLNG began participating in the market, the country’s LPG per capital consumption was 0.5kg when those of smaller West African neighbours, such as Ghana and Cameroon, were 3kg and 1.9kg. The bulk of the LPG in the market was imported and due to high freight costs, consumers paid as much as N6,500 for a 12.5kg cylinder. There were times the price even rose as high as N7,500, as a result of exploitative pricing from the few importers/distributors.

The tune began to change when the NLNG intervened through the ship-toship (STS) model in 2007. Earlier in the year, the NLNG increased its LPG supply to 250,000 metric tonnes, up from 150,000 metric tonnes.

Like gas, like oil

More than 65 billion barrels of oil in the new frontier basins have been left unexplored due to uncertainty in the country’s oil and gas investment environment, according to the Managing Director of Total Upstream Companies in Nigeria, Elizabeth Proust.

Proust said: “There are considerable unexplored frontier basins in the deeply buried onshore, offshore and ultra-deep offshore Niger Delta of over 50 billion barrels of oil equivalent and about 10-15 billion barrels of oil equivalent in the Lagos Abrupt Margin and Upper Benue Trough.

“For Nigeria’s oil and gas reserves to grow and for companies to invest in exploration and development of assets, there must be a clear, fair and stable fiscal and regulatory regime that allows long term planning and investing.

“In the current situation, there is need for government authorities to be

creative on incentives for exploration, otherwise reserves replacement and production will continue to decline.”

Proust added that Nigeria is no longer the preferred terrain for exploration in Africa.

“There is stiff competition from East Africa with large volumes of gas discovered in Mozambique, Tanzania, Kenya and Angola. These countries have rolled out attractive terms and incentives designed to encourage exploration.”

Hope rising?

The Chairman of the board of Brass LNG, Dr. Jackson Gaius-Obaseki, earlier this month in Abuja said the project has received a fresh breath of life from its shareholders. He spoke when he visited the Group Managing Director of NNPC, Dr. Joseph Dahwa.

Obaseki said after all its setbacks, the renewed commitment of partners in Brass LNG is now expected to be followed up with the FID, which will then grant it leverage to attain its promising prospects.

He said: “Brass remains a viable and wonderful project. The reasons for conceiving that project are still very relevant today; the market is still there, that is one of the things, shale gas or no shale gas, the market is still there with a large appetite. I don’t speculate and I work with data which are fundamentals. For you to build a plant, you must have an offtaker. COP has left but as we speak today, there is no single buyer that has withdrawn. We have MoUs with all of them, and we have not signed a purchase agreement because we say that we will do that at FID. There are other reasons, Shale gas is different from Shale oil but even before this came out, we had diverted all our products from the U.S. anyway and so that is where the confidence comes.

“We have hit the ground running and as we go on, once we can see the end, we will inform all of you but the important thing is that you have to acknowledge the fact that the shareholders and board are committed.

“We went through a very tough time with the exit of ConocoPhillips because the provision of the shareholders agreement would have been that we would deadlock and have to wind up the company and I knew

that it would have been a nightmare if we went that way. I had meetings with the honourable minister and she was just wonderful in this respect and just only took decisions that guaranteed the continued existence of BrassLNG. So rather than you (Dahwa) being an undertaker, we congratulate you for presiding over Brass that is alive.”

The PIB question

The delay in the passage of the PIB has left regulatory gaps in the sector. The bill has suffered delays for over 8 years due to lack of harmonisation of contending interests.

This bill, which Senate President David Mark once said the National Assembly was eager to pass, was based on the report of the Oil and Gas Reform Implementation Committee (OGIC) set up by the Federal Government thirteen years ago to carry out a comprehensive reform of the oil industry. It seeks to establish a legal, fiscal and regulatory framework that will revolutionise the oil and gas industry in Nigeria.

Dr. Dakuku Peterside, who chairs the House of Representatives Committee on Petroleum (Downstream), told The Nation that the bill would be considered when the House returns from recess. He expressed optimism that the Senate would also deliberate on and approve the bill.

“The private investors are insisting that certain regulatory policies must be addressed. Nobody puts his funds down for investment for mere fun of it. Investors invest to earn profits. We are using PIB legislation and other legislations to address the challenges,” Peterside said.

He added that until the regulatory environment is right through the passage of the PIB investors’ apathy would continue.

“I don’t see any investor committing his funds if the challenges of regulatory environment are not addressed,” he said.

But when will the environment be right? The earliest date given by Peterside for the passage and assent of the PIB is on or before May 2015. If the experience of the sixth legislative period is anything to go by, there may be little to cheer. The bill was stepped down by the sixth assembly when hope

was high that it would become law.

Instructively, the passage of the bill will not lead to automatic change.

Mrs Allison-Madueke sounded a clear note on this when she observed that the current administration would be out of power before the law would become fully activated.

She said the proposed transition period after the passage of the Bill is at least three years.

“By the time the PIB is fully articulated and implemented, the current President and Minister of Petroleum Resources will no longer be in office. This Bill takes a while before it is operational. There are over 80 regulations to be made for this Bill to be operational,” Mrs. Alison-Madueke said at a National Assembly hearing.

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) are not finding the situation in the industry funny.

They have threatened to embark on mass rally if the National Assembly upon resumption of legislative duties does not pass the bill.

National President of NUPENG Igwe Achese said the unions were worried about the cloud of uncertainty over the PIB. He said: “The NEC-in-session has watched with keen interest and is worried about the non-passage of the bill. It is very clear that the laws governing the operations of oil and gas in Nigeria are obsolete and hence the need for a new legislation. We, therefore, urge the National Assembly to pass this bill without further delay.

NEC-in-session resolves that in effect that this bill is not passed upon the resumption of the National Assembly members, we may be compelled to withdraw our services in the oil and gas sector.”

Will tomorrow be better?

While the country grapples with issues around the PIB, analysts are of the view that with Brass LNG and OK LNG battling with take-off challenges, the NLNG should be allowed to grow. It remains to be seen how long the huge piles of white sand will lie in the compound fenced with barb wires waiting for men of the construction giant, Julius Berger, to get into real work.

46

THE NATION MONDAY, NOVEMBER 24, 2014

47

THE NATION MONDAY NOVEMBER 24, 2014

RACE TO 2015

‘

There is hardly any party that goes into an election without having one or two issues to resolve within its fold

Ogun State government is set to launch a book on the Amosun Administration titled: ‘Ogun State: the Golden Years. ‘The governor’s Special Assistant on Media, Soyombo Opeyemi, spoke with reporters on the significance of the book within the context of Amosun’s second term bid.

‘Opposition can’t bounce back in Ogun’

W

HAT is the significance of the book Ogun State: The Golden Year, which the government is about to launch?

Any history that is not documented did not exist or ends up as a myth, just like much of the oral history. For instance, very many of our youths, up to this moment, read about Chief Obafemi Awolowo as the first Premier of the Western Region and the one that introduced free education. Beyond that, what do they know? Do they know that it was Awo’s government that established, for the very first time in Nigeria, Agricultural Settlements and Institutes as well as industrial and housing estates? Do they know that it was in this Region that a Minimum Living Wage was first introduced in Nigeria, and paid to workers? It is possible they might have heard about the first television service in the whole of Africa being established in the Western Region during the Awolowo administration but do people know that voting by symbol was introduced into Nigeria and first used in the Western Region and that Free Health Services for children up to the age of 18 were first introduced in Nigeria under Awo’s premiership?

These events did not only happen but were documented and books written about them. Thus the history of the golden era of Western Region, with the politics of the time, is preserved for generations. Books are not only for the future but also present. In spite of being in the media age, how many Nigerians, especially workers, really know that the Amosun administration pays N18,250 as Minimum Wage, and that the Wage is implemented across board and paid up to Local Government level, thus making Ogun the only state that does so in Nigeria? How many people, especially Ogun indigenes based outside the state, do you think really know that the administration of Senator Ibikunle Amosun built the first-ever flyovers by any state government since the creation of Ogun State in 1976, constructed the first-ever international standard roads across the state - complete with modern features such as drains, medians, greenbelts, walkways, street lights, etc., and re-introduced the free education scheme with free supply of standard textbooks after the exit of the great Chief Bisi Onabanjo over a generation ago? I’m not even sure that many compatriots are aware that it was Governor Amosun that introduced for the very first time in Ogun modern luxury buses, built world-class model schools for students of public schools and the first in Nigeria to purchase the very latest technology of Armoured Personnel Carriers (APCs) and make the “maximum donation” of security equipment at one fell swoop that the Inspector-General of Police said he had never witnessed since he had been serving as a Police officer. Do we assume that the majority of the people read the recently released report of the World Bank, Doing Business in Nigeria 2014, which ranked Ogun as one of the top reforming states “that made the biggest strides towards the national frontier of good practices”, coming from the rank of lowest overall performers in both 2008 and 2010 reports of the global institution?

Or that the state, within three years of the current government, has become the hub of industrialization in Nigeria, overtaking other states? It is these landmark achievements that are captured in the book, which will be presented to the public on Thursday, 11 December, 2014 in Abeokuta.

And that brings us to the poor reading culture in Nigeria...

I think it goes beyond that. There is a lot of economic pressure in the country. You know in the past, Ministries, Departments and Agencies, indeed very many public (and private) offices used to get newspapers daily. But that stopped long ago, I think under Abacha, due to economic downturn. The cost of living is high in Nigeria and that creates a lot of pressure. But when you have these facts in a book, people of different strata of the society will buy for peculiar reasons, pass from hand to hand, indeed from one generation to another. If you wish to know what has happened in your state within the last three years, you simply reach for your shelf, read, sometimes piecemeal, because you want to attend to many things at the same time. So when we talk of poor

• Senator Amosun

reading culture, we should try to situate it within the context of the general economic pressure.

And that is why we must laud governments that have introduced different welfarist schemes such as free education, free health services, regular payment workers’ salaries, pension and gratuity; create conducive environment for industrialization to enable our teeming youths to get gainful employment, revive agriculture and make it attractive to young graduates through Farm Settlements, among others. These will bring about economic relief and even reduce crime. It will give time for people to read and engage in further intellectual exercises such as writing and research. Interestingly, all these have been the focus of the Amosun administration in the last three and a half years. But that’s not to excuse laziness and quest for materialism that have retarded intellectual pursuits in Nigeria.

The killing and kidnapping of German expatriates suggest security still poses a challenge.

Well, all over the developed world, security remains a challenge. But the book will reveal a lot of efforts made by the current government to end the menace of insecurity it inherited in 2011, which led to banks closing business virtually every week in the state and many indigenes relocating to neighbouring states. What we witness now are isolated incidents. The location of Ogun too is a challenge. When people were dying on a daily basis due to the dilapidated Lagos/ Ibadan Expressway, which is a Federal Government road, the accidents or robberies were still reported in the papers as happening in Ogun.

Then there is the allegation that the few instances of insecurity in the state are traceable to the remnants of the old order, that is, before the inauguration of the Amosun administration. It may interest you that those three or four occasions were timed to coincide with great events happening in the state. For instance, some police officers

‘The good thing is that everything is being done to resolve the misunderstanding within the Ogun APC and the governor is very much committed to this. Ogun State is not just an APC stronghold, but that the governor enjoys near fanatical support among the masses of Ogun State’

were killed while a brand new APC decided to break down the very time Amosun was being honoured in Ghana as the Most Security Conscious Governor. Then a kidnapping appeared to have taken place at a time the World Bank released its report, Doing Business in Nigeria 2014. And when Ogun got a major headline as the new hub of industrialization in Nigeria due to conducive environment created by the current administration, we suddenly heard about the unfortunate attacks on the German expatriates. Even though they may now change tactics, the strong belief in some quarters is that those isolated armed robberies, killings and kidnappings were the handiwork of relics of the old order. The security agents are aware of this strong theory.

The furore generated over the debt profile of the state seems to have died down. At least not much has been heard recently from the opposition on it.

Of course, we all knew it was politics all along.

But I think it is our own strategy that has worked.

When we realised that once you tell them that your debt profile is, for instance, N2 billion, they add a zero to the figure. If you say it has reduced to N1 billion, they still add another zero. So we simply ignored them and allowed them to quote any figure that suits their fantasy. The book, Ogun State: The Golden Years to be launched this December 11 will also reveal some of the antics of the opposition. Besides, since the overwhelming majority of our people are happy with what the administration is doing, and they are visible to the eyes, as I usually say, if God is with you and the people are on your side, who then can be against you?

Will your government win a second term considering the crisis in your party?

It is more appropriate to talk about some misunderstanding rather than crisis. And you have this misunderstanding in all political parties; it has not stopped incumbents from winning re-election. In fact, there is hardly any party that goes into an election without having one or two issues to resolve within its fold. If there is no disagreement over party issues there will be one as a result of primaries; and that has not stopped such parties from winning in their strongholds, once there’s no rigging; virtually all parties have issues. That is human phenomenon, the electorate understands this and they still vote for the party or candidate of their choice. But what is at play in Ogun is that the opposition, known in Nigeria for electoral manipulation, is orchestrating this APC misunderstanding in the media in order to rig public opinion so that when they do the actual rigging on the field, the reading public can say, ‘Oh, we saw it coming, there was division within the party!’

I have had to explain again and again to many of our colleagues in the media not to be taken in by the media hype created by the opposition. They are simply trying to corrupt public opinion as a prelude to corruption on the electoral field. And when you read Ogun State: The Golden Years, you will be doubly sure that the opposition stands no chance at all in Ogun, because from where will they get the votes? Who will vote for them? The truth is that nobody in Ogun really wants the opposition to get back to power. And they will do everything possible to ensure Amosun continues the good work, because the people remember what they suffered when those people were in power.

The good thing is that everything is being done to resolve the misunderstanding within the Ogun APC and the governor is very much committed to this. Ogun State is not just an APC stronghold, but that the governor enjoys near fanatical support among the masses of Ogun State. Just look at the massive turn-out of our people to collect the Permanent Voter’s Card (PVC). And we were alarmed by the way things turned out because the majority of them could not get the card despite the one-day extension by INEC. Some people staged protests. The phones of the governor were bombarded with SMS messages from every nook and cranny of the state, most citizens complaining of not getting the PVCs. Some even alleged that it was the work of the opposition. But we will hold INEC to its promise to ensure that our people are not in any way disenfranchised.

‘

‘Jonathan has right to contest’ From Precious Dikewoha, Port Harcourt

A

GROUP, the Eye of Niger Delta (END), has threatened to shutdown Niger Delta region if President Goodluck Jonathan did not return for second tenure as the President is not re-elected.

The group said can stop him from wining the election next year.

Rising from an emergency meeting in Port Harcourt, Rivers State capital, the group said they have discovered plans by some northern leaders to betray President Jonathan.

The leader of the group, Comrade Tari Victor Ben, said the Niger Delta region is the key to the economy, adding that they would not take it for granted if President Jonathan fails at the poll.

He said President Jonathan has made a lot of sacrifice for Nigerians through his transformation agenda and deserves the support of lovers of democracy.

“We are in the meeting today to endorse President Goodluck Jonathan’s 2015 re-election campaign, but we are also aware of the scheming by some Northern leaders. Jonathan represents the Niger Delta region. Of course, without him as the President we will shutdown the region.

President Goodluck Ebele Jonathan is a blessing to the nation and the fruit of his transformation agenda is for everyone to see. His agenda to transform the nation affected all sectors of the economy. He also opened new Federal Universities and 124 Almajiri schools.

“He also set up local content board, national body against touting, FERMA and many other units to strengthen Nigeria democracy and to ensure transparency in the system. These are some of the reasons why Eye of Niger Delta is supporting Goodluck Ebele Jonathan’s 2015 reelection.”

Politicians urged to emulate Zik

T

HE Peoples Democratic Party (PDP) governorship aspirant in Delta State, Dr. Ngozi Olejeme has urged politicians to emulate the noble ideals and legacies of the Dr. Nnamdi Azikiwe.

Olejeme, who was the special guest of honour at the 18th Azikiwe Commemorative Event in Lagos, extolled the rare virtues of the late leader, describing him as an initiator of women in political leadership roles.

“Dr. Azikiwe who was a leader on the continent of Africa, appeals to so many people in so many ways. To some, he is being remembered on his dogged fight for freedom from the colonial and imperialist rules. To others, he was a world vanguard of human rights, dignity and respect.

“However for me, Dr. Azikiwe was a true nationalist, a detribalized Nigerian, an initiator of women in political leadership roles in Nigeria and one of the few politicians who believe that politics is essentially for service”.

Olejeme said Dr. Azikiwe believed in the politics of compromise and the liberation of womanhood.

She added: “History attests to the fact that Azikiwe under the leadership of the National Council of Nigerian Citizens (NCNC) in 1953 nominated the first set of women into leadership positions, namely: Mrs. Janet Mokelu, Mrs Olufunmilayo Ransome Kuti and Chief Mrs Margaret Ekpo, all of the blessed memories. Azikiwe worked tirelessly to ensure their victories at the poll. He also permitted the office of the First Lady which was honorably occupied by Mrs. Flora Chinwe Azikiwe as the First Nigerian First Lady”.

Recalling the age-old belief in the importance of women in our society, Olejeme said the role of women should not be limited to the kichen.

She said: “When women are empowered, the resultant facts are that our children are empowered to face their world, our families are entrenched and flourishes like a tree planted by the riverside, our societies stand out with pride in the community of states and nations”.

THE NATION MONDAY, NOVEMBER 24, 2014

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IN THE HIGH COURT OF LAGOS STATE OF NIGERIA PROBATE REGISTRY, LAGOS DIVISION WHEREAS the person whose names are set-out in the first Column under died intestate on the date and place stated in the said Column. AND WHEREAS the person or persons whose names and addresses and relationship (if any) to the deceased are set out in the second Column here have applied to the High Court of Lagos State for a Grant of Letter of Administration of the Real and Personal Properties of the deceased. NOTICE IS HEREBY given that Letters of Administration will be granted to such persons unless a NOTICE TO PROHIBIT THE GRANT is filed in the registry within (14) days from the date hereof.

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NAMES OF THE DECEASED PERSON:

S/N

Aboaja Cletus.

Late of 3C, Alayika Street, Amukoko, Lagos. Who died intestate on the 29th day of January, 2011.

Richard Ayoola Odugbesan. Late of 23, Ibikunle Street, Yaba, Lagos. Who died intestate on the 17th day of November, 2006.

Mrs. Williams Elizabeth Nwando. Late of Close 1, House 1A, Satellite Town, Ojo, Lagos. Who died intestate on the 27th day of November, 2009.

Mrs. Stella .T. Atemie (PN. 882999) otherwise known as Stella Tamuno -Obubelebara Atemie. Late of 16/66, Uzor Street, Ajegunle, Apapa, lagos. Who died intestate on the 25th day of May, 2013.

Ohaji Mathew Onyemauche. Late of Umuchioke Umunuwe Ehime, Mbano L.G.A. Imo State. Who died intestate on the 5th day of July, 2014.

Nwazojie Norbert Anaebonam. Late of 1, Osadebe Street, Ogui New Layout, Enugu State. Who died intestate on the 13th day of June, 2011.

Ofuani Azuka Japhet. Late of 5, Nwemela Close, Bajulaye Road, Shomolu, Lagos. Who died intestate on the 14th day of September, 2009.

Mr. Ogbonna Festus Onyegbunne. Late of Ajah, Lagos. Who died intestate on the 28th day of November, 2011.

Juba C.A. otherwise known as Juba Christopher Adeyemi. Late of 2nd Avenue, 201 Road, C Close, Block 1, Flat 15, Festac Town, Lagos. Who died intestate on the 11th day of June, 2005.

Dikeoch Cordelia. Late of 22, Baale Street, Orile, Lagos. Who died intestate on the 23rd day of December, 2009.

Adebayo Enoch Abiodun otherwise known as Enoch Adebayo. Late of 14, Church Street, Idumota, Lagos. Who died intestate on the 16th day of December, 2013.

Mrs. Oveh Alokwue Margaret. Late of 68, Market Road, Amukoko, Off Koka Bus Stop, Lagos. Who died intestate on the 30th day of December, 2013.

Mrs. Alice Adeola Ariyo otherwise known as Mrs. Adeola Ariyo. Late of Block 4, Flat 3, Progressive Estate, Off Desalu Street, Ebute-Metta, Lagos. Who died intestate on the 27th day of February, 2013 at Lagos.

Osota Adekoyejo Oba Funso Alfred. Late of No. 3, Onosanya Street, Surulere, Lagos. Who died intestate on the 5th day of April, 1993 at Lagos.

Gabriel Edoga otherwise known as Edoga Gregory Gabriel Chukwuma and Gabriel Chukwuma. Isaac. Late of Nigeria Custom Service , Maiduguri . who died intestate on the 20th day of September, 2013 at Maiduguri.

Mr. Ojo Eruobodo. Late of Block 343, Flat1, Jakande Estate, Ajah, Lagos. Who died intestate on the 28th day of July, 2011 at Lagos.

Chief Okunbi Emmanuel Adeniran JP otherwise known as Okunubi J.P.. Late of No. 4, Bolarinwa Street, Via Demurin Road, Alapere, Ketu, Lagos. Who died intestate on the 3rd day of September, 2013 at Lagos.

Mrs. Olushola Iyanoye otherwise known as Mrs. Olushola Iyanoye. Late of Act Of Apostle Compound, Ori Oke , Ebutemetta, Lagos. Who died intestate on the 10th day of July, 2010 at Lagos.

Alhaji Rasaki Abiodun Osikoya otherwise known as Hadji (Barr) Abdul Rasak Abiodun Osikoya. Late of No. 32, Dan Suleiman Crescent Abraham, Adesanye Estate, Ajah, Lagos. Who died intestate on the 30th day of August, 2011 at lagos.

Adedokun Gbemisola Christiana. Late of No. 1-4, Church Street, Elere Agege, Lagos. Who died intestate on the 24th day of March, 2014.

Mr. Rafiu .A. Aderanti . Late of No. 84, Sari Iganmu Road, Lagos. Who died intestate on the 20th day of August, 2014 at Lagos.

Mr. Orji Nwafor. Late of No. 8, John Akinwole Street, Ilufe Ojo, Lagos. Who died intestate on the 8th day of May, 2013 at Abijan.

Mr. Lala Olusina otherwise known as Samuel Olusina. Late of 3, Okunola Street, Ijeshatedo Surulere, Lagos. Who died intestate on the 24th day of April, 2013.

Nwabulu Sunny otherwise known as Pastor Sunny .O. Nwabulu. Late of 17, Ilupebi Street, First Gate, Odogunyan, Ikorodu, Lagos. Who died intestate on the 18th day of December, 2012.

Dr. Olusegun Agagu. Late of No. 1, Gbadamosi Olawuyi Street, Off Banji Ayoola Drive, Bodija, Ibadan, Oyo State. Who died intestate on the 13th day of September, 2013.

Godrick Aniedu. Late of Adazi Nnukwu Anambra State. Who died intestate on the 18th day of July, 2008 at Anambra State.

Mr. Okokon. Late of No. 9, Bolaji Street, Olodi Apapa, Lagos. Who died intestate on the 7th day of March, 1997 at Lagos.

Imanah Banabas. Late of No. 6, Fakande Street, Kirkiri Town, Lagos. Who died intestate on the 1st day of February, 2014.

Sokoya Sunday Oladipupo. Late of No. 1, Samuel Awolesi Close, Off Eskay Hotel, Ewuga, Sagamu, Ogun State. Who died intestate on the 18th day of July, 2014.

Mrs. Maritha Uche Umunnakwe . Late of 4A, Bada Street, Mafoluku , Oshodi, Lagos. Who died intestate on the 13th day of November, 2009 at Lagos.

Prof. Charles Oforka otherwise known as Nicholas Charles Oforka. Late of No.11, Admirralty Bay Estate, Off Alpha Beach Road, Lekki, Lagos. Who died intestate on the 21st day of June, 2014.

Bello Surau Adelodun. Late of No. 8, Idowu Street, Ilaje Bariga, Lagos. Who died intestate on the 19th day of August, 2013 at Lagos.

Evangelist Samuel Abiodun Olowu otherwise known as Evangelist Olowu. Late of No. 12, Ojelade Street, Pedro Shomolu, Lagos. Who died intestate on the 14th day of January, 2005 at Lagos.

Annie Contanie. Late of 18, Lawell Street, Oregun, Lagos. Who died intestate on the 21st day of February, 2013.

Francis Okpanachi Itodo otherwise known as Francis Itodo. Late of Ijeh Police Barracks , Obalende, Lagos. Who died intestate on the 19th day of March, 2013.

Mr. oseyi Duke otherwise known as Oseyi Duke Richard and Oyesi Duke Enaitog. Late of 5B, Harmony Crescent, Beckley Estate. Who died intestate on the 28th day of June, 2014.

Mrs. Louisa Ebun Turton. Late of No. 27, Idumagbo Avenue, Lagos. Who died intestate on the 26th day of April, 1974.

Col. Karibu Salisu. Late of No. 81, Division Nigeria Army, 20, Ribadu Road, Ikoyi, Lagos. Who died intestate on the 6th day of April, 2014 at Maiduguri.

Bomodeoku Ajibike otherwise known as Nureni Ajibike Sodiq Bomodeoku. Late of No. 27, Bankole Street, Abule, Ijesha, Lagos. Who died intestate on the 16th day of July, 2009.

Utta Ndaeyo Ufor. Late of No. 42, Isetin Street, Off Agunlejika, Ijesha, lagos. Who died intestate on the 30th day of September, 2013 at Akwa Ibom State.

Adebayo Taiye Hassan. Late of No. 3, Ladega Street, Mosafejo, Amukoko, lagos. Who died intestate on the 9th day of June, 2013 at Lagos.

Miss Folami Sikirat Olawunmi. Late of 5, Olaewe Close, Kofo Agbaje, Ikorodu, Lagos. Who died intestate on the 26th day of May, 2014 at lagos.

Okoh Daniel otherwise known as Okoh Daniel Chukwuka. Late of No. 94, Mba Street, Ajegunle, Lagos. Who died intestate on the 30th day of January, 2012 at Lagos.

Dr. Nurudeen Mogaji. Late of No. 9A, Oroke Drive, Ikoyi , Lagos. Who died intestate on the 16th day of October, 1991 at Lagos.

Ikedinobi Mattew Emezie. Late of Umunriofio Oraeri Aguata, L.G.A, Anambra State. Who died intestate on the 30th day of June, 2013 at Anambra State.

Okusanya Olusegun Olabinjo. Late of No. 6, Diran Adesenmowo Street, Ori-Okuta, Agric Ikorodu, Lagos. Who died intestate on the 15th day of April, 2014 at Ogun State.

Aina Evans Olufunsho (Dr.) otherwise known as Dr. Evans Olufunsho Aina Afolabi. Late of No. 7B, Temple Road, Ikoyi, Lagos. Who died intestate on the 25th day of July, 2013 at Lagos.

Alhaja Fausat Aduke Dada. Late of No. 14, Oshodi Street, Lagos Island, Lagos. Who died intestate on the 2nd day of January, 2013 at Lagos.

Alfred Mesinoye Manu otherwise known as Adeyinka Adeniyi Sopeyin Mann. Late of No. 8A, Okesuna Square/ No. 5A, Monday Lane, Lagos. Who died intestate on the 14th day of April, 1942 at Lagos.

Joseph Chukwudum Adiekwe. Late of No. 18, Olowu Street, Bariga, Lagos. Who died intestate on the 26th day of May, 2009.

Pa. Omolewu Felix Adenopo. Late of No. 13, Olowolegbon Street, Gbagada, Lagos. Who died intestate on the 26th day of October, 1995.

Olawuwo Olatunde Nathaniel. Late of Redstar Estate Magboro, Ibafo Ogun State. Who died intestate on the 5th day of January, 2014.

Mr. Dickson Young Aghelegin. Late of Block 262, Flat 1, Mile 2, Lagos. Who died intestate on the 21st day of February, 2014 at Lagos.

Oyewunmi Olatunji otherwise known as Oyewunmi F.O. Late of No. 154, Tokunboh Street, Lagos Island, Lagos. Who died intestate on the 5th day of October, 2014 at Lagos.

Somefun Adenike Raimot . Late of No. 45, Market Street, Lagos. Who died intestate on the 14th day of September, 2014 at Lagos.

Anyawu Ambrose otherwise known as Anyawu Onwanezi Ambrose. Late of 10,Monuwa Street, S/W Ikoyi, Lagos. Who died intestate on the 19th day ofDecember, 2013.

Makanjuola Bola. Late of 53, Obadina Street, Lagos Island, Lagos. Who died intestate on the 22nd day of March, 2014.

Samuel Famokun Aina Labinjo . Late of 45, Seinde Calisto Crescent, Oshodi, Lagos. Who died intestate on the 19th day of December, 2001.

Ugwumba Christopher Chinwendu otherwise known a Christopher Chinwe. Late of Akwakuma Okporo, Orlu L.G.A., Imo State. Who died intestate on the 4th day of July, 2014.

Mrs. Aderemi Adebo Adedeji. Late of No. 151, Niyi Adedeji Street, Ogudu G.R.A., Lagos. Who died intestate on the 16th day of August, 2013.

Ezirim Longinus. Late of Ogoda Village Ikeduri , Imo State. Who died intestate on the 20th day of June, 2012.

Mr. Isaac Adeyeye Adekanmbi. Late of Block 440, Flat 3, Isolo, LCHE, Lagos. Who died intestate on the 5th day of August, 2014.

Mr. Adeogun James. Late of No. 11, Akibu Busari Street, Igando, Lagos. Who died intestate on the 23rd day of January, 2011 at Lagos.

Mr. Peter Ozoemena. Late of No. 39, Odumade Street, Amukoko, Lagos. Who died intestate on the 21st day of December, 2013 at Lagos.

Mrs. Adesina Yejide Olive. Late of No. 1, Farinde Oloyede Balogun Close, New Oko-Oba, Abule Egba, Lagos. Who died intestate on the 3rd day of May, 2013 at Abeokuta.

Ibeabuchi Ukamaka Louisa. Late of 722, B Close, House I, Festac Town Lagos. Who died intestate on the 28th day of March, 2012 at Anambra State.

Odubanjo Emmanuel Kolawole otherwise known as Odubanjo Omotosho keshiro.. Late of No. 15A, Adeola Odeku Street, Victoria Island, Lagos. Who died intestate on the 11th day of August, 2003 at Ibadan, Oyo State.

Maduka Victor. Late of No. 15, Anosike Street, Ajegunle, Lagos. Who died intestate on the 5th day of July, 2013 at Lagos.

Wahab Owolabi Oluodo otherwise known as Wahab Oluodo Nigeria Enterprises. Late of No. 131, Tokunboh Street, Lagos.

Who died intestate on the 15th day of July, 2012 at Lagos.

Okafor Nwafor Emmanuel. Late of Uru Village, Ogidi Idemili North, LG.A., Asaba, Delta State. Who died on the 13th day of December, 2007.

Mrs. Maria Jemade otherwise known as Ibuoye Ben Maria Jemade. Late of 14, Alhaji Kareem Street, Olodi Apapa, Lagos.

Who died intestate on the 19th day of October, 2013 at Lagos.

Alhaji Ibrahim Ajadi. Late of No. 36, Temidire Street, Olodi Apapa, Lagos. Who died intestate on the 3rd day of April, 2013 at Lagos.

Uchu James .O. Late of Umuecheakwu Old Umuhaia, Abia State. Who died intestate on the 6th day of May, 2008 at Umuhaia Mrs. Nwankwo Olufunmilayo Violet otherwise known as Mrs. Jonah -Nwankwo Olufunmilola Victoria. Late of No. 4, Akinola Johnson Close, Surulere, Lagos. Who died intestate on the 8th day of October, 2013.

Mr. Babatunde Samson Obasola. Late of No. 25, Subulu-Salam, Onipetesi, Ijoko, Ogun State. Who died intestate on the 27th day of July, 2012 at Ogun State.

Atting Okpo. Late of 22, Akeuwe Sola Street, Oworo. Who died intestate on the 1st day of May, 2013.

Arch. Matthew Penda Otiede. Late of No. 17, Primrose Street, Northern Foreshore Estate, Lekki, Lagos. Who died intestate on the 11th day of May, 2013.

NAMES OF APPLICANT APPLYING FOR THE GRANT

1. Mrs. Jacinta Aboaja and Mr. Chinedu Aboaja. Both of 3C, Alayika Street, Amukoko, Lagos. Widow and one of the children to the deceased 2. Mrs. Frances Olufunke odugbesan, Mr. Foluso Adetunji odugbesan and Mrs. Olakanbi Adesola Olunuga. All of 23, Ibikunle Street, Yaba, Lagos. Widow and children to the deceased.

3. Williams Elizabeth Olatilewa and Abioye Eisie Kayinsola. Both of Close 1, House 1A, Satellite Town, Ojo, Lagos. Children to the deceased.

4. Fada Josiah Atemie and Jacob Ogugua of 16/66, Uzor Street, Ajegunle and 60, Olayinka Street, Ajegunle, Lagos. Widower and brother to the deceased.

5. Ohaji Sabinus Ezechi and Ohaji Polycarp Chijioke of 43, Nuru Oniwo Street, Aguda, Surulere and Umuchioke Umunume, Ehime, Mbano, Imo State. Children to the deceased.

6. Osita Albert Nwazojie and Leonard Chiedu Nwazojie of 1, Osadebe Street, Ogui New Layout, Enugu, and HSE RAZ 7th Avenue, Sunny Vale Home, Abuja. Children to the deceased.

7. Emmanuel Chinye ofuani and Richard Chibuzo Ofuani. Both of 5, Nnemeka Close, Bajulaye, Shomolu, Lagos. Children to the deceased.

8. Mrs. Catherine Ihuoma Ogbonna, Mrs. Chikachasi Adannia Chikezie and Mr. Obinna Ejikeme Ogbonna. All of 4B, Ilusunmi Street, Arowojobe Estate, Mende Maryland, Lagos. Widow and two of the children to the deceased.

9. Mrs. Folake Rebecca Juba and Mr. Oluwatosin Joseph Juba. Both of 2nd Avenue, 201 Road, C Close, Block 1, Flat 15, Festac Town, Lagos. Widow and son to the deceased.

10. Dikeocha Callista and Chiedozie .S. Ohaji. Both of 22, Baale Street, Orile, Lagos. Sister and son to the deceased.

11. Mrs. Rosaline Adebayo and Mr. Ayo Adebayo . Both of 14, Church Street, Idumota, Lagos. Widow and son to the deceased.

12. Julius Oveh and Innocent Itsukwi. Both of 68, Market Street, Amukoko, Lagos. Widower and brother to the deceased.

13. Mr. Moses Babatunde Ariyo, Dr. Babajide Ayoola Ariyo and Miss Oluwakemi Oluwatoyin Ariyo. All of Block 4, Flat 3, Progressive Estate, Ebute-Metta, Lagos. Widower and children to the deceased.

14. Charles Adetunji Osota and Adeoti Titilope Osota. Both of No. 3, Onosanya Street, Surulere, Lagos. Son and grand daughter to the deceased.

15. Mrs. Esther Edoga and Miss Ifeoma Benita Edoga. Both of 512, G Close, Festac Town, Lagos. Widow and daughter to the deceased.

16. Mrs. Iyabo Mafor, Mrs Yemisi Johnson, Mrs. Bose Eruobodo and Mrs. Seyi Odubiyi of Block 110, Flat 2, Jakande Estate, Ajah, Lagos and Block 343, Flat 1, Jakande Estate, Ajah , after Molete Eleyo, Lagos. Widow and children to the deceased.

17. Aare Deji Okunibi , Anthonio Okunubi and Yetunde Okunubi. All of 6B, Daranijo Street, beside at Hotel Ogba, Lagos. Children to the deceased.

18. Apostle Mefi Mesede Iyanoye and Olufunmilayo Iyanoye. Both of Act Of Apostle Compound, Ori-oke, Ebute-Metta, Lagos.

Widower and daughter to the deceased.

19. Sikirat Olayibo Osikoya, Mohammed Kabiri Abimbola Osikoya, Sukuratu Olaronke Fabunmi (Nee Osikoya) and Rafatu Abike Osikoya. All of No. 32, Dan Suleiman Crescent, Abraham Adesanya Estate, Ajah, Lagos. Widow and children to the deceased.

20. Folake Mercy Agbalu and Mrs. Modupe Olufunke Adenekan of No. 1, Church Street, Elere Agege, Lagos and No. 17, Harmony Crescent, Beckley Estate, Agbado, Ijaiye, Lagos. Sisters to the deceased.

21. Aminat Rafiu Aderanti and Yusuf Muhammed Idowu. Both of No. 84, Sari Iganmu Road, Orile, Lagos. Widow and brother to the deceased.

22. Emmanuel Kalu Orji Onyeije and Rev. Ogbonnaya Emerson Onuoha. Both of No. 8, John Akinwole Street, Ilufe, Lagos. Brother and cousin to the deceased.

23. Mrs. Olawunmi Lala and Mrs. Toyin Obe of 3, Okumola Street, Ijeshatedo and 11, Joseph Harrision Street, Iwaya, Lagos. Widow and family friend to the deceased.

24. Ann .O. Nwabulu and Tobechukwu Joshua Nwabulu. Both of 17, Ilupebi Street, First Gate, Odogunyan, Ikorodu Lagos. Widow and son to the deceased.

25. Feyisayo Agagu, Oluwasolape Hammond and Omowunmi Akisanya. All of No. 1, Gbadamosi Olawuyi Street, Off Banji Ayoola Drive, New Bodija, Ibadan, Oyo State. Children to the deceased.

26. Mr. Mattew Anaedum Ufonna and Mr. Sylvester Anaedum. Both of No. 1, James Street, Ibeye Newside, Agbara, Lagos. Children to the deceased.

27. Ms. Enewan Edem Okokon and Mrs. Mfon Harris. Both of No. 22, Opeloyeru Street, Egbe Ikotun, Lagos. Children to the deceased.

28. Mrs. Christiana Imanah and Sunday Imanah of Ile-Epo Alaworo Estate, Badagry , Lagos and No. 6, Fakande Street, Kirikiri Town, Lagos. Widow and brother to the deceased.

29. Ayodele Oluwaseyi Sokoya and Suliat Abimbola Akinlawon of 32, Philip Taiwo Coker Estate, Orisumbare, Shasha, Lagos 1, Samuel Awolesi Close, Off Eskay Hotel, Ewuga Sagamu, Ogun State. Son and blood sister to the deceased.

30. Ugochukwu Peter Umunnakwe and Chidiebere Umunnakwe. Both of No. 11, Amusa Street, Mafoluku, Oshodi, Lagos. Children to the deceased.

31. Stephanie Oforka of No. 11, Admiralty Bay Estate , Off Alpha beach Road, Lekki, Lagos. Daughter to the deceased.

32. Modinat Apinke Bello and Ayodeji Oyekagun of No. 3, Ojo Daramola Street, Alagbado and No. 4, Momowale Street, Bariga, Lagos. Daughter and brother to the deceased.

33. Mr. Olukayode Abiodun Olowu, Mrs. Dehinbo Comfort (Nee Olowu). Both of No. 12, Ojelade Street, Pedro Shomolu, Lagos.

Son and blood sister.

34. Mrs. Francisca Adeyemi-Alayo and Mrs. Felicia Azuka Osih. Both of Edidot College, Cocacola Bus Stop, Ijoye Road, Ajali , Lagos.

The two sisters to the deceased.

35. Mrs. Rose Itodo and Mr. Emmanuel Itodo. Both Block 3, Ijeh Police Barracks, Obalende, Lagos. Widow and the only child to the deceased.

36. Mrs. Georgina Onyema Oseyi and Mr. Kingsley Oseyi. Both of 5B, Harmony Crescent, Beckley Estate, Ijaiye Ojokoro, Lagos.

Widow and one of the children to the deceased.

37. Mrs. Omolara Branco and Chief Mrs. Angelica Yewande Oyediran of No. 12, Ilakana Street, Lagos and No. 1, Odeku Close, Surulere, Lagos. Niece to the deceased.

38. Mrs. Neeta Salisu and Mrs. Hauwa Green of No. 20, Ribadu Road, Ikoyi Lagos and No. 2B, Association Avenue, Iranla Addo, Lagos. Widow and sister to the deceased.

39. Mrs. Eunice Bomodeolu and Mr. Rilwan Bomoedoku. Both of No. 27, Bankole Street, Abule Ijesha, Lagos. Widow and son to the deceased.

40. Uyoatta Ndaeyo Utta and Emah Ndaeyo Utta. Both of No. 42, Iseyin Street, Off Agunlejika Ijesha, Lagos. Children to the deceased.

41. Bashir Amodu and Sikiru Adebayo. Both of No. 3, Ladega Stret, Mosafejo Amukoko, Lagos. Children to the deceased.

42. Folami Shalewa Kuburat and Folami Lanre Olashina Saheed of No. 100B, Silver Street, Bungalow Area, Jakande Estate OkeAfa, Isolo, Lagos and No. 35, Shonubi Street, Ikorodu, Lagos. Sister and uncle to the deceased.

43. Okoh Monday Chukwuka and Okoh Samuel Nwachukwu. Both of No. 94, Mba Street, Ajegunle, Lagos. Father and brother to the deceased.

44. Mrs. Dorcas Oluremi Mogaji, Olayiwola Aramide Mogaji , Olayinka Waheed Mogaji and Abimbola Funmilayo Mogaji. All of Block 133, Flat 3, Ojokoro Estate, Meran, Lagos. Widow and children to the deceased.

45. Ikedinobi Mark Anthony Nnaemeka and Mattew Ernest kenechukwu Ikedinobi. Both of No. 66A, Bale Street, Orile, Lagos.

Children to the deceased.

46. Mrs. Okusanya, Iretiogo Anu and Miss Okusanya Oluwajuwon. All of No. 6, Diran Adesenmowo Street, Ori-Okuta, Agric Ikorodu, Lagos. Widow and daughter to the deceased.

47. Mrs. Betty Oluyemisi Aina, Mr. Babatunde Aina, Mrs. Folashade Davis and Mr. Ayodeji Aina. All of No. 7B, Temple Road, Ikoyi, Lagos. Widow and children to the deceased.

48. Dr. Oyeleye Agboola and Mr. Ajayi Rasheed Fatoki of No. 10, Tokunbo Street, Lagos and 101 , Tokunbo Street, Lagos. Family friend and solicitor to the deceased.

49. Adeyinka Adeniyi Sopeyin Mann and Mrs. Mojisola Akinwole (Nee Mann), Mr. Olaosebikan. All of No. 8A, Okesuna Square and No. 5A, Monday Lane, Lagos. Children to the deceased.

50. Chief Nnamdi Adiekwe and Eze Adiekwe. Both of No. 1, Garba Square, Mandilas, Lagos.Brothers to the deceased.

51. Mrs. Omogehin Yemisi, Mrs. Segun Adebowale, Mrs. Abimbola Sanni and Mr. Olusanya Omolewu. All of No. 17, Aina Eleko Street, Onigbagbo Maryland, Lagos. Children to the deceased.

52. Folashade Olawuwo, Julius Olawuwo of No. 1B, Okun Street, Soluyi Gbagada, Lagos and No. 10, Adeoti Street, Ijegun Ikotun, Lagos. Widow and brother to the deceased.

53. Mr. Onome Peter Aghelegin and Mr. Eruse Paul Aghelegin. Both of Block 262, Flat 1, Amuwo Odofin Housing Estate, Festac Town, Lagos. Children to the deceased.

54. Oyewunmi Bernard Olalekan, Oyewunmi Josephine Ibironke. Both of No. 154, Tokunboh Street, Lagos Island, Lagos. Two of the children to the deceased.

55. Somefun Awal Korede , Somefun Jimo Kolawole. Both of Block 591, Flat 4, Abesan Housing Estate, Ipaja, Lagos. Brother and father to the deceased.

56. Mrs. Comfort Anyawu and Mr. Donatus Okoroafor. Both of 10, Manuwa Street, keffi, Lagos. Widow and brother to the deceased.

57. Abayomi Makanjuola and Oladipupo Makanjuola. Both of 53, Obadina Street, Lagos Island, Lagos. Widower and son to the deceased.

58. Mrs. Oluwatoyin Adeola Imondu and Olabisi Peters. Both of 45, Seinde Calisto Crescent, Oshodi, Lagos. Two of the children to the deceased.

59. Ugwumba Henry Obinna and Ugwumba Evelyn Adaku. Both of 13B, Tomori Oshinowo Street, Itire, Mushin, Lagos. Children to the deceased.

60. Mrs. Aderonke Oshoniyi and MS Adebola Adedeji of Plot 14, Bashir Shittu Street, Magodo G.R.A, Lagos and No. 15, Niyi Adedeji Ogudu, G.R.A, Lagos. Children to the deceased.

61. Mr. Cosmos Ezirim and Mr. Anthony Ezirim. Both of No. 27, Otun Street, Kirikiri, Lagos. Children to the deceased.

62. Ebunlomo Alake Adekanmbi and Adebobola Babatunte Adekanmbi. Both of Block 440, Flat 3, Isolo, LCHE, Lagos. The widow and one of the children to the deceased.

63. Mrs. Josephine Adeogun, Miss Comfort Ige Adeogun and Mr. David Adeogun. All of No. 11, Akibu Busari Street, Igando, Lagos. Widow and children to the deceased.

64. Mrs. Chinyere Ozoemena and Mr. Lawrence Ifeanyi. Both of No. 39, Odumade Street, Amukoko, Lagos. Widow and brother to the deceased.

65. Mrs. Soretire Adebukola (Nee Adesina) and Mr. Adedamola Adesina. Both of No. 1, Farinde Oloyede Balogun Close, New OkoOba, Abule Egba, Lagos. Children to the deceased.

66. Mr. Festus Nduka Ibeabuchi and Chinedu Ibe. Both of 722, B Close, House I, Festac Town , Lagos. Widower and brother to the deceased.

67. Mrs. Mabel .O. Odunbanjo, Mobolaji .O. Odunbanjo and Mrs. Oladayo Olufunmilayo. All of No. 15A, Adeola Odeku Street, Victoria Island, Lagos. Widow and children to the deceased.

68. Blessing Naduka and Johnson Maduka of No. 15, Anosike Street, Ajegunle, Lagos and No. 19, Oke-Afa Road, Isolo, Lagos. Widow and brother to the deceased.

69. Akeem Oluodo, Ahmed Oluodo and Yusuf Oluodo. All of No. 131, Tokunboh Street, Lagos. Children to the deceased.

70. Okafor Emeka Celestine, Okafor Remigius Sunday and Okafor Rapheal. All of No. 16/18, Kristobel Avenue, Iba Estate, Ojo, Lagos. Children to the deceased.

71. Nwadei Simon Chukwuka and Blessing Jemade. Both of No. 14, Alhaji Kareem Street, Olodi Apapa, Lagos. Brother and daughter to the deceased.

72. Miss Afusat Ajadi Ibrahim and Mr. Yusuf Ibrahim. Both of No. 36, Temidire Street, Olodi Apapa, Lagos. Sister and brother to the deceased.

73. Mrs. Gladys Uchu and Mr. Chukwudi James Uchu. Both of No. 7, Unity Crescent, Ladipo Shogunle, Lagos. Widow and son to the deceased.

74. Mr. Andy Nwankwo and Chukwudubem Nwankwo. Both of No. 4, Akinola Johnson Close, Surulere, Lagos. Widower and son to the deceased.

75. Mrs. Abidun Modinat Obasola of No. 25, Subulu-Salam Onipetesi, Ijoko, Ogun State. Widow to the deceased.

76. Victoria .S. Okpo (Mrs.) and Esang Atting of 22, Usola Street, Oworo and No. 6, Emeka Amebo Close, Ajah, Lagos. Widow and brother to the deceased.

77. Mrs. Maria Snow White Otiede, Mr. Oviemuno Curtis Otiede, Mr. Enahoro Gabriel Otiede and Mr. Oghenemaro Matthew Otiede.

All of No. 17, Primerose, Northern Foreshore Estate, Lekki, Lagos. The widow and three of the children to the said deceased.

I.O.AKINKUGBE (MRS) PROBATE REGISTRAR

THE NATION MONDAY, NOVEMBER 24, 2014

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THE NATION MONDAY, NOVEMBER 24, 2014

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THE NATION MONDAY NOVEMBER 24, 2014

NEWS

O

VER 77 vessels have been arrested this year for various illegalities across the country, the Nigerian Navy said at the weekend.

Flag Officer Commanding (FOC), Western Naval Command (WNC), Rear Admiral Sanmi Alade broke the news in an interview with reporters after his second bi-annual inspection of the command.

“Over 77 vessels have been impounded for various illegalities on our waters between January and now (November).

“Some of them have been handed over to the prosecuting agencies, while some are still in custody for investigation,” Rear Admiral Alade said.

Reiterating the Chief of Naval Staff’s (CNS), Vice Admiral Usman Jibrin’s commitment to eradicating crude oil theft and piracy in the nation’s maritime domain, Rear Admiral Alade said the Navy was alive to its responsibilities.

The FOC also scored his command high in the fight against piracy, oil theft and

Over 77 vessels arrested this year, says Navy boss

By Precious Igbonwelundu

pipeline vandalism, just as he urged his officers and ratings to shun indiscipline and embrace the right conducts expected of them.

On the essence of the biannuals inspection, the FOC said: ”Regular inspections like this require we adhere to standards and ensure that we are combat ready.

“The command’sý role in protecting Nigeria”s maritime environment has continued to contribute to the overall security and stability of the nation’s maritime domain which translates to economic development and sustenance of democracy.

“We must continue to redouble our efforts in stamping out illegalities in our maritime environment.

“The CNS’ zero tolerance for crude oil theft directive has placed a premium on our operational flexibility and thus, requires that we sustain consistent high level of readiness to balance our capabili-

•Rear Admiral Alade (second left); Commodore AMO Sunmola (right); Commodore M.I Lekwot (left) and Captain Muritala Bashir (second left) during the sea exercise.

PHOTO: PRECIOUS IGBONWELUNDU

ties.

“The inspection has provided me opportunity to confirm that standard of both the shore and sea assets are high. It is hoped that this will support the way we operate in future

and reinforce our drive to instill discipline in the use of dwindling resources.

“In the course of the inspection, we mobilised five vessels and two helicopters for a sea exercise, which availed

personnel training opportunity. ”The sea exercise is an expression of the navy’s drive towards professionalism as an important component of NN transformation agen-

da.”

Reminding personnel on the need to be security conscious, Rear Admiral Alade warned them to remain apolitical as the 2015 general elections approachý.

Court restrains APGA from excluding aspirant from senatorial primaries

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High Court of the Federal Capital Territory (FCT), Abuja has restrained the All Progressives Grand Alliance (APGA) from excluding an aspirant for the Anambra South Senatorial District, Nicholas Chukwujekwu Ukachkwu from contesting the party’s primaries.

In a ruling on Friday in an ex-parte motion filed by Ukachukwu, Justice O. A. Musa granted an order of interim injunction, restraining APGA’s

From Eric Ikhilae, Abuja

National Working Committee “from taking any decision contrary to the decision of the National Assembly Appeal Panel as it affects the qualification/ disqualification of the plaintiff.”

The judge also restrained the party “from executing or acting on such decision pending the determination of the motion on notice filed by the plaintiff.”

Justice Musa equally ordered parties in the suit to maintain status quo ante bellum pending the hearing and determination of the motion on notice, which has been served on the defendant on November 19, 2014.

Ukachukwu is, by the suit challenging the purported reversal of the decision of the party’s National Assembly Screening Appeal Panel (NASAP) by the National Working Committee (NWC). APGA is the

sole defendant.

The party’s National Assembly Screening Committee (NASC)had on November 14 refused to clear Ukachukwu on the grounds that he could defect to another party and that he was facing a criminal charge at the Federal High Court.

In line with the provision of Article 23 of APGA’s Electoral Guidelines, Ukachukwu appealed the NASC’s decision at the party’s NASAP. The Appeal Panel, in its report of No-

vember 17, reversed the decision of the NASC and cleared him. The Appeal Panel stated in its report that “the reasons advanced by the Screening Committee for not clearing the aspirant (Ukachukwu) are not within the existing laws of the country, APGA constitution and guidelines.

“We therefore allowed the appeal and set aside the decisions of the Screening Committee. Prince Nicholas Ukachukwu Chukwujekwu is here-

by cleared to contest the Anambra South Senatorial District primaries of APGA for 2015 National Assembly Elections.”

But the party’s NWC, at its meeting on November 20, reversed the Appeal Panel’s decision in relation to Ukachukwu, relying on the reasons earlier given by the NASC, a decision that prompted the aspirants suit.

Hearing in the suit comes up today.

THE NATION MONDAY, NOVEMBER 24, 2014

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SHOWBIZ

Patricia Bala urges filmmakers to correct misrepresentation about Africa

T

HE Director-General of National Film and Video Censors Board (NFVCB), Ms. Patricia Bala, has urged African filmmakers to use the motion picture platforms to correct certain misrepresentation about Africa and its cultures.

She made the call in London recently at the African Film and Academy Global Awards (ZAFAA), while delivering a paper on “African Culture in World Pictures.”

She said: “Despite being the cradle of civilization with its family traditions, music and the social patterns of its cultures, Africa is still misrepresented in a lot of ways. African filmmakers should rise and expose the patterns of misrepresentations that deepen stereotypes or gener-

By Medeme Ovwe

alizations about Africa.”

Bala, who frowned on the description of Africa as the Dark Continent as well as the poorest and least developed of all regions, said the pictures were inaccurate with several missing true images.

She attributed it to what she called “commercial propriety interests and the monopoly enjoyed by those who control the major film and television platforms in the world.”

She, therefore, urged African filmmakers to re-invent and re-write the region’s profile in world pictures.

“It is only when this is done that Africa can re-engage the world on its own terms,” she said.

•From Left, Filmmaker Eddie Ugboma; Special Adviser to the President on Ethics and Values, Sarah Jubril and DG, NFVCB, Ms Patricia Bala, at the opening of ZAFAA Awards in London

She also urged Nigerians in the Diaspora to take advantage of the film distribution business in Nige-

Michael Douglas, Catherine Zeta-Jones sell New York home

E

•Michael Douglas and Catherine Zeta-Jones

By Dupe Ayinla-Olasunkanmi

who married in 2000, sold the home two weeks after purchasing one in

the same county for $11.75 million.

Their new place, which boasts eight bedrooms and 18 bathrooms, rests on more than 13 acres.

Brain’s new single, Gat I, leaked

F

AST-rising rapper, Brain, has lamented that his new single, Gat It, has been leaked online.

Gat It is one of the songs off his forthcoming album scheduled for release in December.

He said the single, which features HighHillz, leaked online on November 22nd.

The artiste, who has been greatly disturbed by the development, disclosed this via his Facebook account, saying:

By Dupe Ayinla-Olasunkanmi

“The authorized song, Gat It, which is off my forthcoming EP album due for release in December, has leaked online.”

Brain is one of Nigerian singers who are working their way to the top of the hip-hop ladder.

Gat It, a mid-tempo single, was produced by Seanz Beat.

Don Jazzy performs at UNICEF Imagine launch

T

HE United Nations Children’s Emergency Fund (UNICEF), last Thursday, unveiled the Imagine project, as part of the celebrations of its 25th anniversary of the convention on the Rights of the Child.

The event at the United Nations General Assembly included live performances by Nigerian award- winning musician and music producer, Don Jazzy; Grammy Award winner, Angélique Kidjo; Brazilian singersongwriter, Daniela Mercury; Swedish-Iranian pop sensation, Laleh; Trey Lee and Kristian Kostov, among others.

It was aimed at creating a unique moment in music history that will highlight the tremendous challenges that children face the world over.

In a statement, the UNICEF said a new interactive digital experience powered by TouchCast would allow everyday people to record their own versions of Imagine, John Lennon’s iconic anthem of hope and peace, alongside their favourite stars.

These individual recordings as well as those of UNICEF’s Ambassadors and other artistes will be made into a multi-lingual ‘world’ version of Imagine produced by David Guetta. Every-

tured movie distribution chain and cinemas that meet the standards of international business practices.

I don’t have to answer to innuendos, says Bill Cosby

H

OLLYWOOD couple, Michael Douglas and Catherine Zeta-Jones, has sold their home of five years.

The idyllic estate in Bedford, New York, which they purchased in 2010 for $5.075 million, was sold for $7.5 million, according to Los Angeles Times.

It will be recalled that the couple had put the estate on the market earlier this year for $8.1 million, but it had been difficult to get a buyer.

The home, which sits on 5.7 acres, contains six bedrooms and six bathrooms, a guesthouse, gardens, a greenhouse, a spa and a pool.

The Times reports that 70-year-old Douglas and 45-year-old Zeta-Jones,

ria, adding that the sector is yet to be fully explored and requires investors to bring it to a well- struc-

By Medeme Ovwe

one who records the song has the chance to have his or her vocals and videos used in the new UNICEF version of Imagine and in the accompanying interactive music video created

by TouchCast and The Bridge.co, both of which will be released in the lead up to New Year’s Eve 2014.

“The Convention on the Rights of the Child asked us all to imagine a better world for children- and calls on all of us to make that vision a real-

•UNICEF Launch

ity. The Imagine project gives people across the globe a chance to join a global movement for children, lending their ideas, their visions and, not least, their voices to advance the rights of every child, everywhere,” said the UNICEF Executive Director, Anthony Lake.

Golden Globe and Emmy Awardwinning actor, Hugh Jackman, Yoko Ono and Björn Ulvaeus from ABBA also made special appearances during the event.

MBATTLED American entertainer, Bill Cosby, has responded to allegations of sexual abuse against him, when, shortly before his show last Friday, he described the purported rape claims as mere innuendos.

Prior to performing at his sold-out comedy show in Florida, Bill Cosby explained to a reporter why he had not been commenting on the numerous sexual assault allegations against him.

“I know people are tired of me not saying anything, but a guy doesn’t have to answer to innuendos,” Cosby told Florida Today backstage before his show at the King Centre in Melbourne, Fla. “People should fact-check. People shouldn’t have to go through that and shouldn’t answer to innuendos,” he added.

Cosby, whose scheduled Las Vegas performance on November 28 has been cancelled, also addressed radio DJs, having offered payment to any guest who disrupted Friday’s show.

He said: “The thing is that these people are prodding and pushing people and asking people to have a frat house mentality. Now, suppose someone brings a weapon or decides to do more foolishness. This is not good for anyone.”

He compared potential protesters at his show to those at a civil rights march, saying: “When you go to a civil rights march or something like that, at least there are meetings and

By Dupe Ayinla-Olasunkanmi

some organisations to it and people understand how to behave. There may be people coming to the show that don’t know exactly what to do; there is no organisation to it all.”

Cosby has faced numerous sexual assault claims in recent weeks, as two new accusers made allegations last Friday.

He had previously declined to comment on the string of allegations.

However, his attorney, Marty Singer, released a statement last Friday, dismissing the claims as “unsubstantiated, fantastical stories” and questioning why the women had waited so many years to come forward.

•Bill Cosby

Adedeji Adetayo launches Ajo in style

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OLLAND-based Nigerian international guitar sensation, Adedeji Adetayo, has launched his latest album, Ajo. The event, which held at the Ayo Bankole Centre for Arts, Surulere, Lagos, was graced by a number of music stars, thereby confirming his popularity as a jazz musician.

The Jazz star, a strong vocalist, performed most of the songs on his 11- track album at the event.

Also, there were performances by his five-piece brass section comprising Segun Atoyebi, Dotun Bankole, Victor Ademofe, Taiwo Clegg and Femi Slide.

The album launch also witnessed performances by Biodun Kuti and his brother, Kehinde as well as Mike Oloyede and Samuel Obinna.

Biodun Batik, Saxtee, Seun Owoaje and Ayo Bankole were, at intervals, invited to the stage by the artiste to perform.

The five- piece female folk group led by Adunni Nerfetitti, also lent its sonorous voices on the occa-

By Medeme Ovwe

sion.

The event was supported by The British Council, Inspiro Productions and Arts XII. Adetayo also revealed that he is currently in the studio working on his next album.

•Adedeji Adetayo performing at the AJO album presentation in Lagos

THE NATION MONDAY NOVEMBER 24, 2014

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NEWS

PPA’ll adopt presidential candidate for 2015

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HE Progressives Peoples Alliance (PPA) has said it will adopt a presidential candidate for the 2015 elections after its primaries.

Anambra State PPA Chairman Godwin Ezeemo spoke at the weekend as the party’s National Chairman Comrade Peter Ameh was being honoured with a chieftaincy title.

Ameh was given the Akagbuwarauzor of Eri by

From Nwanosike Onu, Awka

Igwe Chukwuemeka Eri. Ezeemo told reporters that PPA would look at the emerging candidates and choose the one suitable for the country.

He said members of the party would support the chosen candidate, adding that the character and integrity of the candidate would be considered.

Ezeemo said PPA paraded

likeminded people unlike other parties with crowds of strange fellows, noting that the party was a family with men and women of integrity.

He said: “We, in PPA, are looking for only likeminded people and are satisfied with the way we are today and in our judgment, we are doing well.

“Our members have imbibed the culture of getting things done without rancour”

“In PPA, we are not looking at money, but the character of those coming in and that is why we are satisfied with how we are now, people are free to come to the party but I can tell you that we don’t just accept anybody”, Ezeemo said.

Ameh said the party was positioned for greatness.

He said the honour given to him would spur him to greater achievements for the party.

‘National Assembly: Impeachment not the answer’

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HEmember representing Ogbaru in the House of Representatives, Victor Ogene, has said the impeachment crisis rocking the National Assembly is not the answer.

He said he was not part of those seeking the impeachment of President Goodluck Jonathan.

In a statement yesterday in Awka by his Media Aide, Edward Dibiana, Ogene said he needed to clarify this fol-

From Nwanosike Onu, Awka

lowing inquiries regarding his stand.

The statement said: “Besides being a top stalwart of the All Progressives Grand Alliance (APGA), which has endorsed the President’s reelection bid, Ogene believed that such a move is not only unwarranted, but would also constitute an unnecessary distraction in the efforts at national healing amid se-

curity challenges.”

“I have neither seen any such notice of impeachment, nor would I be part of any such undertaking”, said Ogene.

On the incident leading to the scaling of the National Assembly gate last Thursday, Dibiana said the action was necessitated by the desire to secure lawmaker’s safety as the environment was besieged by hooded personnel.

Boko Haram can’t break up Nigeria, says Defence spokesman

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HE Director of Defence Information, Maj-Gen. Chris Olukolade, has said Boko Haram insurgency cannot break Nigeria.

Olukolade also said the nation’s military was not fighting a conventional war against the insurgents.

He urged Nigerians to show understanding towards the military.

The Defence spokesman stressed that the state of emergency in Adamawa, Borno and Yobe states had yielded results.

Olukolade, who spoke in Atlanta, Georgia, the United States of America (U.S.A), when he received the prestigious Alfred Daniel King Foundation award as a distinguished Military Information Expert, said Boko Haram would soon be defeated.

The paper of the Defence Headquarters spokesman was released yesterday to reporters in Abuja.

Olukolade said: “The ideology of Boko Haram remains a threat not just to Nigeria and Nigerians but also to all free nations and citizens of the world. In 2013, Human Rights Watch estimated that more than 3,000 people had been killed in the Boko Haram terrorists’ campaign. Its targets have included civilians, political leaders, government buildings, police barracks, military establishment and personnel, newspaper offices, village markets, schools, churches and mosques. This has made Boko Haram one of the deadliest terrorist groups in the world.

“The current spate of insurgency cannot diminish our national pride; it is only a setback in our national evolution.

This crisis would not break us but rather make us stronger and better prepared for the challenges of the rest of the 21st century.

“It is noteworthy that we have survived a civil war, social and political unrests, and several religious upheavals in the last 100 years of our existence as a nation. Having survived the first century of na-

From Yusuf Alli, Abuja

tionhood despite these unfortunate experiences that have shaken the very foundation of our country, we can only look forward with a sense of pride to the next hundred years with renewed hope, vigour and certainty that this period would herald even greater prospect for Nigeria and her people.

“Nigeria has come a long way and our achievements inspire national pride in every true citizen of the country. Terrorism cannot kill our dreams and our national aspirations.

“Perhaps, Nigeria would be given a chance if consideration is given to the history and experience of other nations. It has been asserted that but for her capacity, given the events that have shaken the country in the last 50 years, Nigeria would have collapsed by now. How many countries, at least in Africa, can withstand what Nigeria experienced in the last two years under the assault of well-funded and globally connected terrorists like Boko Haram and still survive?”

He said the nation had been fighting a guerrilla war in the Northeast and faulted the claim that Boko Haram had superior firepower.

Olukolade said: “The hard fact, as it appears now, is that a very vocal number of people in our home audiences want the military spokesman to admit that Boko Haram has superior firepower.

“But that is ridiculous and untrue. It is utterly baseless and conspiratorial because the fact remains that the Nigerian military is not fighting a conventional warfare as the insurgents fight sporadically and melt back to the social system.

“The lessons the international community can draw from the Nigerian situation include the fact that fighting a terrorist organisation whether ISIS or Boko Haram is an intricate operation. There is no magic bullet.

“In fact, there are parallels to be drawn between Boko

Haram and ISIS in their religious bigotry, brutality and territorial ambition.”

On the state of emergency in Adamawa, Borno and Yobe, Olukolade said it had led to the restoration of law and order in the affected states.

He added: “In containing this insurgency, the Federal Government was constrained to declare a state of emergency on May 14, 2013 in Yobe, Borno and Adamawa states in the Northeast, where the activities of terrorists were most prevalent. Gradually, this translated to a declaration of war.

“The results of the measure were the substantial containment of the activities of the terrorists within the first few months of the military campaign.

“Law and order as well as socio-economic activities, which had been disrupted, were swiftly restored in the affected communities along with a measure of relative peace. The Federal Government of Nigeria was encouraged to consolidate the gains by extending the State of Emergency period as demanded by the constitution.”

The spokesman said the abduction of 270 Chibok schoolgirls had promoted a number of activities that tend to undermine or diminish the impact of military offensive on the terrorists He said: “The reported kidnap of over 270 girls from a secondary school in Chibok, a village in Southern Borno, in April 2014, and the subsequent global campaign for government to step up efforts towards their release marked a turning point in the sect’s terrorist activities.

“The foreign media have latched onto this angle of the story as a result of the dramatic nature of the kidnappings and exposed the activities of the sect to a wider global audience.

At the same time the Nigerian government has come under intense scrutiny and criticisms for its seeming failure to restore normalcy to the region and rescue the schoolgirls.”

“As you know, lawmakers got to the National Assembly gate at different times. By the time some of them, including Ogene, massed around the gate, they discovered that some security operatives in plain clothes had infiltrated their ranks and started spraying pepper spray on them, while calling for reinforcement.

“In the confusion, some of them decided to scale the gate into the National Assembly complex, instead of leaving themselves open to torture and humiliation.

“Indeed, they had to choose between being bludgeoned and pepper sprayed to death or escape. Remember that the former Senate President, the late Chuba Okadigbo, must have allegedly died in Kano after pepper spray was used on him.

No one loves to be a dead hero,” the statement said.

Imo Micro Bank kicks off with N2b

I

From Okodili Ndidi, Owerri

MO State Governor Rochas Okorocha, at the weekend, launched the state’s Micro Finance Bank with N2 billion Central Bank of Nigeria (CBN) Micro Small and Medium Enterprises loan.

The governor said the government took the initiative because “power is incomplete until the ordinary man is made a participant in the economy”.

According to him, “today, the people now own a bank.

The bank is here with us. The Imo State Micro Finance Bank is today a reality. With this, the Government House has been brought closer to everybody. Today, with this bank, the crucibles of the Rescue Mission Government have fallen on the ground for the ordinary people”.

He added “in Nigeria today, kobo is no longer considered as a medium of exchange not because kobo has lost its value, and not because the CBN can no longer produce kobo through the mint, but because the common man is not made an active participant in the economic affairs of our nation. This is why in the Rescue Mission government we believe in the principle of “Kobo Must Return (KMR).

“With this Micro Finance Bank, kobo again will be in circulation. Today, it is no longer the old stories of kidnapping, robbery, car snatching, etc. because the economic activities in the state have picked up and people are engaged.”

T

Appeal Court orders Agbaso HE Court of Appeal suit’s retrial sitting in Owerri, the

Imo State capital, has referred the case between the impeached former Deputy Governor, Sir Jude Agbaso and the government to the high court.

It warned that cases should not be rushed to the appellate court by lawyers and litigants.

Delivering the judgment, Justice Peter Ige ruled that the court could not assume the role of the lower court.

He ordered parties back to the high court for the determination of the substantive matter, advising litigants to stop appealing

From Okodili Ndidi, Owerri

every interlocutory pronouncement.

“The nearness of the Appeal Court should not be a license for lawyers and litigants to come on appeal, while the main issue is unattended to. ‘’Parties should go back to the lower court and comply with the order of Justice Nonye Okoronkwo”, he said.

Agbaso had challenged the position of the lower court, pleading lack of fair hearing by the House of Assembly’s Ad Hoc Committee on his impeachment in 2013.

THE NATION MONDAY, NOVEMBER 24, 2014

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NEWS

Tyre explosion kills man in Delta

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MAN identified as Mr Emmanuel Oyubu and said to be in his early 30s died at the weekend of an explosion from the tyre of a truck in Agbarho, Ughelli North Local Government Area of Delta State.

The deceased, it was learnt, was welding a 16.21-inch tyre rim without emptying the air in the tyre.

The tyre reportedly exploded and killed the man.

From Polycarp Orosevwotu, Ughelli

It was gathered that the welder was working at his workshop when the blast occurred.

He was said to be welding the 16.21-tyre rim of a heavy duty truck.

The heavy explosion was said to have thrown the vulcaniser several feet high and landed him on the roof of his workshop. He report-

edly died on the spot.

A source told our correspondent that immediately the incident occurred, the truck’s driver reported it at the Agbarho Police Station.

The Chairman of the Agbaho chapter of the National Association of Welders, James Utuwada, said he got a call that a member had died in a tyre explosion when he was trying to weld a rim of truck.

The chairman said when he got to the scene of the incident, he was shocked when he found the body of the decease lying dead on the ground.

Attempts to get the Divisional Police Officer’s (DPO’s) comment last night on the matter were unsuccessful.

But a police source said the man’s body had been deposited at the Agbarho Hospital.

JTF uncovers oil depot in private building

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HE Joint Task Force (JTF), Operation Pulo, has uncovered a building used as a depot for “stolen” crude oil by suspected oil thieves.

It was gathered that the building, which was converted to a storage facility for “stolen” crude oil, was demolished at the weekend by a special squad of the JTF at Eleme Junction in Port Harcourt, the Rivers State capital.

A source, who participated in the operation but did not wish to be named, said the discovery showed the sophistication for stealing the nation’s oil.

The source said a syndicate of oil thieves connected an underground hose from a pipeline belonging to the Shell Petroleum Development Company (SPDC) to the building.

“The hose is about 50 metres long, showing the distance between the pipeline and the building. The oil

From Mike Odiegwu, Yenagoa

thieves constantly channelled crude oil to deliberately construct storage wells in the compound. From the wells, they load the oil into trucks,” the source added.

It was learnt that the breached 28-inch pipeline runs from Rukpoku to Bonny.

The line was reportedly compromised at the Elelewo community in Eleme Local Government Area.

“Residents confirmed that trucks were constantly entering the compound between 12 midnight to 4am to load the product. But some of the residents said they thought it was an approved depot because they used to see trucks belonging to oil companies leave the compound,” the source said.

The JTF’s Media Coordinator Lt.-Col. Mustapha Anka said a special squad of the outfit had demolished the building.

He said two trucks with 45,000 litres were intercepted by the squad during the operation.

The media coordinator said nobody was arrested because the suspects fled the scene on sighting the soldiers.

Anka said: “One of the tankers arrested had the Rivers State registration number, XA 356 BGM; the second had no registration plate number.

The loaded trucks were about leaving the premises when the crack team of the task force intercepted them.

“However, no arrest was made as the suspects absconded on sighting our troops. Other illegal bunkering equipment discovered at the side includes a 50-metre hose.

“The trucks, its contents and the hose were taken to a location and destroyed, in line with the mandate of the task force, in the presence of the Nigerian Security and Civil Defence Corps (NSCDC), the Department of State Security (DSS) and the SPDC surveillance team.”

Peterside didn’t scale National Assembly gate, says Rivers APC

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HE Rivers State chapter of the All Progressives Congress (APC) has said the Chairman of the House of Representatives Committee on Petroleum (Downstream), Dr Dakuku Peterside, did not scale the National Assembly’s gate in last Thursday’s police siege.

From Precious Dikewoha, Port Harcourt

In a statement at the weekend by its Publicity Secretary Chris Finebone, the party noted that although it was not blaming those who scaled the fence, it needed to tell all that Peterside was not involved.

The party berated the Rivers State chapter of the Peoples Democratic Party (PDP) for lying against Peterside, a governorship aspirant.

The statement reads: “Ordinarily, the APC in Rivers State would have stuck to its avowed decision to resist being drawn into pedestrian and very lowly propaganda of the beleaguered and embattled Rivers State chapter of the PDP but the need to protect unsuspecting Rivers people from the deceitful machinations of the Felix Obuah-led PDP house of commotion makes a response expedient at this time.

KONGA excites customers with Yakata sales

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IGERIA’s online retail shop, Konga.com, is set to excite its customers with a money-saving special sales promo called Yakata.

This year’s promotion is coming on the heels of last year’s success of the company’s special sales promo, also tagged: Yakata, its Head of Marketing, Gabriel Gab-Umoden, has said.

Yakata is Konga’s version of the global ‘Black Friday’ sales and it was introduced by the online company to excite its customers in Nigeria.

It enables them to make massive savings on the purchase of their favourite items on the company’s online platform.

Gab-Umodem explained that Konga’s Yakata sales in 2013 were highly success because several consumers made incredible deals on their purchases.

‘Cross River PDP congresses ‘ll be fair’ •Ndoma-Egba: I won’t participate From Onyedi Ojiabor, Assistant Editor and Sanni Onogu, Abuja

•Ndoma-Egba

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HE Peoples Democratic Party’s (PDP’s) electoral panel assured party members that today’s rescheduled congresses will be fair.

At a meeting with the stakeholders at the party’s secretariat, the panel’s Chairman Chidi Egiogu said: “We are going to conduct this exercise in line with the electoral guidelines following due process. I expect you to handle this election in the spirit of sportsmanship by accepting whatever will be the outcome in the interest of this great party.”

PDP State Chairman Ntufam John Okon assured the panel of cooperation.

The ward congresses held on November 1 were cancelled by the party’s national leadership, following allegations that the result was doctored by members of the electoral panel.

But Senate Leader Victor Ndoma-Egba distanced himself yesterday from the rescheduled ward congresses.

In a statement in Abuja, Ndoma-Egba, who is seeking a re-election to represent Cross River Central, said he would not participate in today’s rescheduled ward congresses.

The November 1 ward con-

T

gresses in Cross River Central were among those being disputed.

The senator reminded those who rescheduled the congresses that the November 1 congresses were sub-judice because they had become a matter of litigation at competent courts in the country.

He said: “I will not participate in the rescheduled ward congresses for Cross River State by the PDP, scheduled to hold on November 24.

“I know as a fact that the November 1 ward congresses in Cross River State is sub-judice as it is the subject of pending litigations before a Federal High Court in Abuja and the Cross River State High Court.

“I also know that the court, before the congresses were rescheduled to the November 24, issued hearing notices to the parties to the suit that judgement will be delivered on November 24.

“I am a lawyer of 36 years standing, a Senior Advocate of Nigeria (SAN), Leader of the Senate of the Federal Republic of Nigeria, Nigeria’s highest law-making body.

“I, therefore, will not do anything to undermine the sanctity of our judicial process and the Judiciary.

“Our institutions are far more important than my personal ambition; indeed, any person’s ambition.

“Our democracy will never be complete without the rule of law. We must, therefore, give the Judiciary her place and respect.”

Delta condemns detention of journalists

HE Delta State Government has condemned the abduction and detention of journalists by suspected former militants in the state.

In a statement by Information Commissioner Chike Ogeah, the government said: “On Sunday, November 16, 2014, 14 journalists returning from legitimate duties were forcefully abducted in the Escravos area by armed men believed to be aligned to an ex-militant leader. We unreservedly condemn this action as it is not only mindless but cowardly and unwarranted.

“Journalists in Nigeria, especially those in Delta State, have consistently proved to be the

beacon of peace, goodwill and reconciliation, even in the face of increasing security challenges. By their professional disposition, media practitioners have consistently won the admiration and respect of all sections of the society.

“By resorting to actions designed to give the impression that the journalist were armed, the militants only showed ingratitude to the fourth estate of the realm, which was a reliable ally in the turbulent days of agitation for more equitable resource allocation. What is expected of the militants is for them to tender unreserved apologies to the 14 journalists and the Nigeria Union of Journalist (NUJ).”

‘Shutting Kokori market, schools not solution to monarch’s kidnap’

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HE Secretary of the Kokori Progress Union (KPU), Dr. Festus Arunaye, has said the shutting down of Kokori’s community market, shops and schools in Ethiope East Local Government Area of Delta State, following the kidnap of an Ijaw monarch, is not a solution to the lingering crisis in the area.

Arunaye said the military should have protected the community from any attack.

The secretary said the presence of soldiers would have deterred any group of persons from attempting to invade the area.

From Polycarp Orosevwotu, Ughelli

Members of the group visited Kokori two days ago and gave an ultimatum for the release of the monarch, who they said was being hidden in Kokori.

KPU threatened to close down the community, if the monarch was not released.

Arunaye said: “We learnt that the Ijaw monarch has been coming to meet a herbalist for fortification in the area over the years. We are not aware of that.

What we heard was that he was returning from where he went to get some charms when he was kidnapped.”

THE NATION MONDAY, NOVEMBER 24, 2014

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FOREIGN NEWS

Marion Barry: Ex-Washington DC mayor dies at 78

Tunisians hold landmark presidential election

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UNISIA took another step forward in its peaceful transition to democracy yesterday by holding its first free presidential election, with voters hoping for more stability and a better economy.

Many Tunisians weighed security against the freedoms brought by their revolution and by its democratic transition, which has remained on track in sharp contrast to the upheavals brought by the Arab Spring elsewhere in the region, including the brutal military coup in Egypt and the conflicts in Syria, Yemen and Libya.

It hasn't been easy for Tunisia, however, and the nearly four years since the revolution have been marked by social unrest, terrorist attacks and high inflation that has voters punishing the moderate Islamists that first came to power.

The front runner of the nearly two dozen candidates for the presidency is Beji Caid Essebsi, an 87-year-old former minister from the previous administrations who many are hoping will get the country back on track.

"He is a veteran politician with experience that can ensure security and stability," said Mouldi Cherni, a middle age driver living in Tunis' Carthage suburb who voted for Essebsi. "The people are tired, life has grown expensive and Tunisians don't even have enough to make an ojja," the local omelet favored by the poor.

The strikes, social unrest and occasional political assassinations have kept away foreign investment and the economy foundered after the revolution as an Islamist-led coalition government struggled with the country's problems.

In the end, the Islamist Ennahda Party stepped down at the start of the year in favor of a government of technocrats, but they still completed one of the region's most progressive constitutions.

The Islamists, who won about a quarter of the seats in parliament, opted not to field a presidential candidate.

Voters have since turned to Essebsi's Nida Tunis party, a loose collection of liberal and leftist politicians, giving them nearly 38 percent of the new parliament last month.

There are fears, however, that Essebsi has authoritarian tendencies and that his domination of the parliament and the presidency could bring back the old one party state.

In Tunisia, the main power resides with the prime minister. The presidency is a largely symbolic post with some responsibilities for defense and foreign affairs.

•Barry

F

ORMER Washington DC Mayor Marion Barry, who won reelection after a drug arrest, has died at the age of 78.

A Democrat, Mr Barry served three terms from 1979 to 1991 before his personal life overshadowed his politics.

He was arrested in an FBI sting operation and tried on drug charges in 1990, but was only convicted on a single count of possession.

He remained popular with many poorer African American voters, and served a fi-

Mexico, Central America hail Obama's immigration reform EXICO'S President Enrique Pena Nieto and Central American leaders hailed U.S. President Barack Obama's sweeping immigration reforms on Friday, with the Mexican leader calling them the "most important measures taken in several decades."

Obama's plan, unveiled on Thursday, eases the threat of deportation for some 4.7 mil-

M

lion immigrants who are in the United States without legal documents.

"This is an act of justice which recognizes the great contribution of millions of Mexicans to the development of our neighbor," Pena Nieto told a conference in Mexico.

Most of the 11 million undocumented immigrants in the United States come from Mexico and Central America.

Leaders across Central America were also quick to

praise Obama's plan. But they urged U.S. lawmakers to approve a deeper reform to give lasting security to the millions of undocumented people in the United States.

"This temporary relief is a great step in the right direction from the United States to resolve the migratory issues of 11 million people, and so we urge Congress to permanently resolve their status by approving a deep immigration reform," the office of

Honduran President Juan Hernandez said in a statement on Friday.

More than a million Hondurans live in the United States, most of them illegally, the statement said, and the Obama plan "sends a powerful message of solidarity with Latin America."

Guatemalan President Otto Perez also applauded the plan, saying it would benefit roughly 100,000 Guatemalans in the United States.

nal term as mayor from 1995 to 1999.

Mr Barry died overnight at a hospital in Washington, DC Council spokeswoman LaToya Foster said.

The cause of death was not disclosed, but he had kidney problems stemming from diabetes and high blood pressure.

His 1990 arrest - which came during his third term came after he was videotaped by the FBI smoking crack in a Washington hotel room with a female friend.

During the subsequent trial jurors remained deadlocked on most counts. His conviction for drug possession led to a six-month prison sentence.

The son of a sharecropper, born in Mississippi in 1936, Mr Barry was active in the civil rights movements in Washington in the 1960s, and was first elected to the city council in 1974.

He went on to dominate Washington's politics for a quarter-century and was sometimes dubbed "Mayor for Life".

Confirming his death, the Washington Post described his personal and public life as "fraught with high drama and irony".

"He came to Washington as a champion of the downtrodden and the dispossessed and rose to the pinnacle of power and prestige," the newspaper wrote.

India tea workers kill owner in pay dispute in West Bengal

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ORKERS at a tea plantation in eastern India have killed the owner during negotiations over a pay dispute.

The owner of the Sonali tea estate in West Bengal was dragged out of talks on the payment of arrears. He died after being beaten up and stabbed by a crowd.

Police say the owner had come to pacify angry workers who had reportedly not been paid for two or three months.

Correspondents say many workers in India's tea plantations are malnourished and poorly paid.

Several incidents of attacks on tea executives by workers have been reported in recent years.

In 2012 a tea plantation owner and his wife were burned to death in the neighbouring state of Assam.

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Outrage over security men’s invasion of APC data centre Continued from page 4

“Few days ago it was the NPF against all known ethics that in a barbaric manner unethically engaged in double standard, by opening the gate for the Deputy Speaker and locking out the Speaker and spraying him with tear gas at the National Assembly.

“Yesterday it was the officers and men of the DSS who ransacked the Data-Centre of the All Progressives Congress (APC), destroying equipment and the Membership Data of the party.”

The CNPP said it was unclear if the nest of killers, which exPresident Olusegun Obasanjo warned about, had started prowling the country.

The statement added: “Tomorrow who knows their target? For we have not forgotten that ex-President Olusegun Obasanjo had warned us against the nest of killers in the hands of Mr President and his men.

“Ironically these are the same security agencies three months after showing the world the master-mind of the 23rd July, 2014 attempt on General Muhammadu Buhari’s life are yet to make public their findings.

“CNPP is worried that voter apathy, voter disquiet and voter unhappiness are on the increase election after election as a result of citizens distrust emanating from the bad habit of officials of the state security services who unabashedly demonstrate partisanship.

“In sum, we call on President Goodluck Ebele Jonathan, GCFR, to as a matter of urgent national importance, sack the Inspector General of Police and the Director-General of State Security Service, in order to absolve himself of the insinuations gaining ground that he is manipulating the security services for personal political gain.”

The Lagos State chapter of the APC described the raid as “a bestial expression of the dangerous desperation with which the PDP wants to retain after wrecking the country and leaving it

prostrate in 16 years of tragic misrule”.

In a statement by the Lagos State Publicity Secretary Joe Igbokwe, the party said the teleguided security men not only vandalised the data centre, they arrested 25 staffers. The party warned that Nigeria is at the very precincts of a brute, callous and dangerous era occasioned by the deadly means a party that has failed Nigeria and humanity strives to retain power at all costs.

“We understood that the raid on our facility was intended to spread fear, intimidation and dread among our teeming members and supporters, we assure that we will remain unfazed in our determination to accede to the popular demand of Nigerians to lead the task to salvage Nigeria from the corrupt, visionless, inept and callous rule of the PDP and the Jonathan government.

“We note that the PDP continues from one case of impunity to the other as it continues to grapple with Nigerians’s rejection of its horrible governance.

We note the PDP has decided to launder fear, intimidation and ennui all over Nigeria in its inordinate desire to force Nigerians to continue with its ruinous governance but we warn that the PDP, by these acts, is sowing the seeds of danger and chaos. We warn that Nigerians will start resisting the brutality of the PDP in our collective determination to end the PDP misrule.

“We know the brutal attack and destruction meted out on our data centre by agents of the PDP/Jonathan government was borne out of the fear of the PDP for the unknown but we warn that such brutal affront on the rights of Nigerians to carry out their legitimate businesses will lead to unsavoury reactions that will not bode well for the Nigerian polity.

“Coming after the unsuccessful bid to remove the Speaker of the House of Representatives through illegal police action and the sponsoring of direct attack

aimed at a takeover of the Ekiti State House of Assembly by seven out of 26 members of the Assembly, we see PDP’s increasing resort to foul and illegal means as capable of destroying the fragile Nigerian democracy.

“The unwarranted attack on our data centre should warn Nigerians that the PDP and the government it is running is determined to adopt every foul means to muzzle Nigerians into silence as it plots to stay put in the power it had grossly misused for 16 years.

Lagos State House of Assembly Speaker Adeyemi Ikuforiji condemned the invasion .

In a statement by his Chief Press Secretary, Mr. Rotimi Adebayo, Ikuforiji said: “ The unprovoked and needless forcible invasion of the Information Technology Centre of the office of the Lagos State Chapter of our party, the All Progrssives Congress, A.P.C., by agents of the State Security Service has come to my notice and the entire members of the Lagos State House of Assembly with total shock and disbelief..”

“It is quite disturbing, unfortunate and dangerous that such needless invasion of another arm of government approved by the nation’s constitution is now being messed up by men of the security services who are being paid salaries by the nation, and whose duty is to protect lives and property...

“Is it not embarrassing that our security forces are being abused to act as an arm of the People’s’ Democratic Party, P.D.P, the ruling party in our country, today instead of facing their assigned duty of protection of lives and property ?

“It is very sad and unfortunate. It will, therefore, be in the overall interest of our nation’s democracy for the security forces to tread softly and resist the attempt by the ruling P.D.P to use them as its security arm.

Should this illegality and brigandage persist, it may portend grave dangers for our fledgling democracy”, the Speaker said.

zens have lost their lives. Thousands have been abducted, the males forced into insurgency and the females into slavery.

Thousands more are wallowing in Internally Displaced Persons camps in Nigeria and in refugee camps in neighbouring countries. Trillions of naira worth of infrastructure and public and private properties have been destroyed.

“In the light of all these distasteful developments, JNI is forced to ask the following questions:- Where withered the Nigerian Army of the 1967-69 civil war? Where are the heroes of international peace keeping?

When will the government bring an end to this scourge? Does the government really have the capability, capacity, commitment and sincerity to bring an end to this insurgency and the multifarious security challenges facing the nation?

“As has been done painfully in previous cases, JNI PresidentGeneral and the Sultan of Sokoto, His Eminence, Alhaji Muhammad Sa’ad Abubakar, CFR, mni, on behalf of Nigerian Muslims, condemns these unabated acts of terror being unleashed on

innocent citizens and calls for concerted introspection and sincere commitment by Government to take proactive and effective measures in addressing this pernicious problem.

“The government should, as a matter of urgency, ensure that the security Forces get all that they need for effective operations and that they serve diligently as soldiers should. In addition, all culprits must be apprehended and brought to justice, thus giving effect to the laws of the land and deterring others”.

Speaking on the travails of the displaced people, the Sultan said: “As an ameliorating measure, the funds collected following the launching of the Victims’ Support Fund should be supplemented with government grants and judiciously utilised with dispatch in order to ensure that all necessary support reaches the affected victims and that destroyed infrastructure are rehabilitated.

“Government should also step up the dialogue process with a view to ending the insurgency and de-radicalising the insurgents.”

Sultan seeks end to insurgency Continued from page 4

deadly attacks were unleashed on seven towns in four states of the Federation as follows:- Mubi town on 30th October, Gombe Motor Park on 31st October, Potiskum town on 3rd November (Ashura day), Nafada town on 4th November, Ashaka Explosives Depot on 5th November, Maiha town on 10th November, Potiskum School on 11th November and Kontagora Federal College of Education on 12th November, 2014.

“Unfortunately, on Saturday, 15th November, 2014, a devastating attack was reported in Hotoro, Kano State, came another report same Saturday, 15th November, 2014, that the ethnic chauvinist group, Ombatse, attacked the palace of the Emir of Lafia, the JNI Vice PresidentGeneral (VPG) Nasarawa State, leading to the deaths of many.

Again on Sunday, 16th November, 2014, came another report of attacks in Azare, Bauchi State.

As if these weren’t enough, Mafa Local Government of Borno State was ransacked on Thursday, 20th November, 2014, for several hours unabated.

“Thousands of innocent citi-

The Nation is DAME Newspaper of the Year

Continued from page 4

newspapers giants.”

Omotoso also emerged the Editor of the Year.

Editorial Board Chairman Sam Omatseye won the Informed Commentary Prize. The newspaper’s reporters also won four other awards in Development Reporting, Judicial Reporting, Political Reporting and Health Reporting categories.

Of the 19 awards up for grabs, The Nation won seven - the highest by any newspaper, just like it did at the Nigeria Media Merit Awards (NMMA), where it won eight awards in Owerri, the Imo State capital, a fortnight ago.

Serial award winner and Associate Editor Olatunji Ololade, who less than a month ago won the CNN African Journalist of the Year in the Medical and Health Reporting category, got

the Peninsula Resort Prize for Health Reporting. His winning entry is “Blind Medicine”, published on April 6, 2013. Ololade was also runner-up in the ChildFriendly and Development Reporting categories.

Star reporter and multiple award-winner Seun Akioye won the Development Reporting Prize with his entry “Even the Continued on page 63

THE NATION MONDAY, NOVEMBER 24, 2014

61

THE NATION MONDAY, NOVEMBER 24, 2014

62

SPORT EXTRA Vaal Gaal admits January will be difficult

T

HE Manchester Evening News is reporting that Louis Van Gaal has echoed the statements of Ed Woodward in admitting that bringing new players to Manchester United will not be so easy in January, and that the club will only move if the right player becomes available.

Woodward declared earlier in the week when first quarter financial results were released that signings in the winter window would potentially not happen, but did not at all rule out a move if a key target becomes available.

“We’re not looking to enter the market for shortterm fixes. However, we have targets that we are looking at for next summer and should any of those become available in January, which is rare, we will consider acting. But in terms of expectations we all need to recognise that’s a low probability.”

Van Gaal supported this statement from Woodward, but it’s important to not summarise his comments as ruling out signings completely. Far from it, in fact. He’s simply being realistic, which some seem to forget when it comes to the expectations of transfers.

•Van Gaal

Mixed news on Naismith for Everton

E

verton's Steven Naismith is likely to miss Thursday's UEFA Europa League clash with Wolfsburg, although he will not be sidelined for too long.

Naismith was withdrawn in the 89th minute of Saturday's 2-1 Premier League home win over West Ham. And while the hamstring complaint is not considered serious, Roberto Matinez is not expecting to have the Scotland forward available for the trip to Germany, The Spanish boss said: "It was really late in the game, it was probably a little fatigue in the muscle.

"He overstretched his hamstring but we're going to assess it; it looks like he's picked up a soft tissue injury.

"He will probably he will miss Thursday, but don't expect him to be out for too long.”

•Naismith

63

THE NATION MONDAY, NOVEMBER 24, 2014

NEWS Govt fails to meet 5,000mw target Continued from page 4

The TCN also has a target of 10,000MW for this year.

The Nigerian Electricity Regulatory Commission (NERC) last week announced that electricity tariff would rise by December 1. The announcement has unsettled many consumers because power supply is abysmal.

Reacting to the announcement, the Publicity Secretary of the Conference of Nigerian Political Parties (CNPP), Mr. Osita Okechukwu, said: “The NERC, like an agency under a corrupt system, is covered by the law, which was abinitio tailored to suit the tenant instead of the chil-

dren of the landlord.”

He raised questions whether the commission will ever approve a drop in electricity. “Otherwise, why is it that we will never experience down sizing of the tarrif, but upward review, regardless of poor electricity supply?

“Today, it is being jacked up because of the increase in the international price of gas and tomorrow another reason for increase like rate of inflation will be adduced as the reason for upward review of the tariff,” Okechukwu said, adding: “It is a vicious crisis and theatre of absurd symptomatic of an economy, whose managers are

either in self-denial or deliberately out to short change the citizenry.

“In sum, how do we explain that penultimate week N213 billion was pumped into this drain from public fund and the same citizenry that own the state owned enterprise privatised are not only being taxed, but cannot point to any project the money realised from the sale was used for.”

The Nigeria Labour Congress (NLC) and the Conference of Nigeria Political Parties (CNPP) also yesterday rejected further increase in electricity tariff in the face of low power supply.

Speaking with The Nation on

Reporting prize, with his entry “Rape: Why most suspects escape justice”, published on June 17, 2013.

A fortnight ago, the newspaper’s reporters made a haul of eight top awards from a record 17 nominations at the 22nd Nigeria Media Merit Awards (NMMA) in Owerri, the Imo State capital.

This newspaper proved that it parades some of the best commentators in the industry, with Editorial Board member Steve Osuji emerging the Columnist of the Year. Omotoso was runnerup.

Yusuf won the Olagunsoye Oyinlola Prize for Culture and Tradition Reporter of the Year and the Chevron Nigeria Prize for Oil and Gas Reporter of the Year.

He won the Culture and Tradition Prize with a story titled “Help, Nigerian languages are disappearing!”, published on November 13, 2013. His story, “How Nigeria lost $11b to vandalism and theft”, won the Oil and Gas Prize.

Yusuf, who joined this newspaper last year, also won a third prize as the Cecil King Memorial Prize for Print Journalist of the Year with an entry published by his former employer, TELL. His sterling achievements caught the attention of the host governor,

Owelle Rochas Okorocha, who rewarded him with an additional N500,000 cash.

Yusuf, earlier in the year, won the Promasidor Prize in the Industry reporting category and was sponsored for a course on Digital Journalism at the PanAtlantic University.

Ololade got two awards at NMMA. His “Kalakuta Republic: A decade after” published on October 26 won the Olu Aboderin Prize for Entertainment Reporter of the Year. He also won the Gani Fawehinmi Prize for Human Rights Reporter of the Year with his “Fractured lives”, published on September 14, 2013.

The reigning Golden Pen Reporter of the Year, Seun Akioye, also did this newspaper proud, emerging winner in two key categories. Akioye emerged the Alex Ibru Investigative Reporter of the Year, with his entry, “Money, money everywhere, yet flood pains remain”, which traced how donations made by governments and philanthropists after the last major flood in the country was spent. He also emerged winner of the NAFCON Prize for Environment Reporter of the Year. In August, Akioye emerged the winner of international environment award, the WASH Media Award

SPORT EXTRA Enyimba wins Fed Cup again

T •Power Minister Chinedu Nebo

telephone, the congress’ Information Officer, Comrade Benson Upah, said: “At the moment, there is no correlation between tariff paid by the consumers and the services rendered.”

He maintained that a tariff hike is unacceptable.

“So, it is inconceivable and totally unacceptable for them (NERC) to contemplate an increase in tariff,” Upah said.

The Nation is DAME Newspaper of the Year

Continued from page 60

rich envy us the way we live”, published in The Nation on Saturday, April 20, 2013. Assistant Editor Joke Kujenya was runner-up in this category. This is the third prize the story has won this year.

The expose on Dustbin Estate in Ajeromi Ifelodun Local Government Area of Lagos State has won the N1 million Golden Pen Reporter of the Year organised by the Nigerian Breweries Plc and the NMMA Environment Reporting prize.

Akioye was also a runner-up in the Investigative Reporting category, which was won by The Nation’s Head of Investigative Desk Adekunle Yusuf for his story “How addiction to corruption is killing the drug agency”. The report was done for Tell Communications Limited, his former employer. Akioye and Chief Correspondent Kunle Akinrinade were runners-up in this category. Yusuf was also runner-up in the Business Reporting category, which was won by Gbenga Salau of The Guardian.

Group Political Editor Emmanuel Oladesu won the Anthony Enahoro Prize for Political Reporting with his entry “Census: Can Nigeria get it right?” published on September 24, 2013.

Senior Correspondent (Judiciary) Joseph Jibueze got the Judicial

organised by the Water Supply & Sanitation Collaborative Council (WSSCC), Geneva and the Stockholm International Water Institute (SIWI). The award was presented during the World Water Week in Stockholm.

The Nation also clinched the Maritime Reporter of the Year Award.

Maritime Correspondent and past NMMA winner in Agriculture Reporting category Oluwakemi Dauda won the prize.

Other winners from other media houses are Ayodeji Adeyemi, who won the Agriculture Reporting prize for his entry from Tell, Sunday Eno-Abasi of The Guardian (Sports Reporting), Nwando Alayande of Voice of Nigeria (Radio Drama), Folasade Adebayo, now of The Punch, won the Childfriendly category for her entry from Tell, Olatunji Obasa of The Punch (Action Photography), Dayo Oketola of The Punch (Energy Reporting), Bennet Omeke of The Punch (Cartooning), Editorial Writing (Sunday Punch), Solomon Adebayo of the FRCN won the Radio Reporter of the Year and Wendy Agbo of the TVC won the Television Reporter of the Year prize.

Two lifetime awards were given to Prof Idowu Sobowale, a professor emeritus of Mass Communications, and Mr Biodun Shobanjo, a communicator and broadcaster.

Boko Haram kills 48 fish vendors in Borno

have disrupted fishing and farming along the shore of Lake Chad and fishermen from Doron Baga were forced to abandon fishing and turned to importing dried fish from neighbouring Chad.

Gamandi said the Dogon Fili

route provided the safest passage for traders from Doron Baga to Chad as other routes are infested with Boko Haram gunmen who rob and kill travellers.

Last December at least seven fishermen were killed when Boko Haram Islamists attacked Doron Baga in a nocturnal raid

that left many homes burnt.

In August, the Islamists raided Dogon Baga and kidnapped 97 people after killing 28 villagers.

The hostages, including women and children, were loaded on speed boats and ferried across the Lake into Chad.

Chadian troops rescued 85 of the hostages when they intercepted a convoy of buses transporting them from the shores.

The Boko Haram violence has claimed thousands of lives since 2009 with the aim of creating a hardline Islamic state in the northern part of the country.

Continued from page 4 what we saw from the level of vandalisation and turning the entire offices upside down, there is evidence of malice, impunity and bad faith, not in the interst of thorough investigation to unearth the truth.

“Such acts should be visited with a court action to test the legality of such acts in a democracy. Is it proper for a security apparatus to visit anybody or institution with such malice in their actions. If there is a petition, who wrote the petition and against whom?”

Ubani said he asked this question “ because I understand that they said that they did not know that it was an APC office they were vandalizing”. ”It is my hope that the security agencies will remain neutral, unbiased and work for the interest of the country and citizens as we approach the 2015 general election. I am not comfortable with the actions of the Police and the SSS in the last few days, their actions portend great danger and does not place Nigeria in the global eyes positively. We all, the politicians, security agencies and citizens must work to safeguard this nation. We must not be a tool in the hands of anyone that may want to destroy Nigeria. It should not be contemplated,” he said.

Shittu said the invasion of the APC data centre “endangers democracy”. He described it as an “unwarranted attempt to silence dissent and cripple opposition, all of which are not good for democratic tradition”.

Shittu said it was important for the Presidency to call all the SSS operatives to order before we are made laughing stock to the rest of the world.

“I also feel strongly that the invasion should be challenged in court of law because we cannot afford a descent into the dark days of military dictatorship,” Shittu said.

He also disagreed with the excuse given by the DSS to justify the invasion, saying: “If that is the position, they could as well have invited the workers for interrogation and deployed intelligence to the premises with decorum and civility without behaving as if they are army of occupation”.

Alli, who noted that the country has been moving from one crisis to another, said: “They have induced crisis and we are not in a police state. We should learn to do things according to the rule of law and democracy. We should avoid all actions that can promote civil unrest. We should appreciate that the international community are watching us. No investor would

put his money in any country where there is a semblance of instability.

“Having regard to the poor state crude oil in the world market, this is the time we need external investment more than ever before.

I believe we should not do anything that does not portend goodness for the country.”

Omoyinmi said since no search warrant was produced, the invasion was illegal .

“The party must seek legal redress for the unlawful invasion of the data centre without a lawful document”, he said, adding that the excuses adduced for the invasion amounted to an “after thought because any security authority carrying out investigation of complaints should have done all necessary things to establish the place”.

“As security agents, they should have investigated the ownership of the property and what it is being used for. For them to say that they did not know the place is APC’s secretariat is not acceptable,” he said.

Farounbi described the invasion as ”nothing but a display of naked power to make sure the opposition is surplanted at all cost”.

“If they are found to have violated any known law in the coun-

try, the authority should let the law have its course and not resort to self help through the use of the police”.

Farounbi said that “it is becoming clearer that our security agencies are agents of the ruling party and this is giving us a signal as to what to expect in the February 2015 general elections” adding that since the security agencies would monitor next year’s elections, “it is very clear that they would do only the bidding of their masters”. It is a signal that 2015 may be a mirage,” he said.

Enitan described the reasons given by the operatives for invading the party secretariat as ludicrous.

“This statement, with due respect to the men of the DSS is ludicrous. Are they saying that they do not have a list of party secretariats nationwide ýand particularly the ones in Lagos. If the answer is ‘Yes’, it reveals a major problem; if it is ‘No’, it reveals a lie. So that’s a catch 22 position that they can’t run away from”, he said.

Enitan advised the APC to have recourse to the courts and pursue the enforcement of its rights and the return of its properties.

“I believe the court which is the hope of the common man is the only way the party can have some recourse,” Enitan said.

Continued from page 4

Security action is slap on democracy, say lawyers

WO-TIME African champions Enyimba defeated Dolphins 2-1 at the Teslim Balogun Stadium in Lagos on Sunday to claim their fourth Federation Cup title.

Mfon Udoh and Chinonso Okonkwo gave Enyimba a twogoal lead before Emem Eduok halved the scoreline.

Udoh shook off a bout of malaria to start the match for Enyimba, while Rasheed Olabiyi and Nzube Anaezemba started from the bench.

Dolphins head coach Stanley Eguma left Ifeanyi Egwim and Isiaka Olawale on the bench while he stuck to the striking pair of Eduok and Ebube Okpokwu.

It was Dolphins that had the better of the opening half and as early as the second minute Chidiebere Okolie's effort was saved by Enyimba goalkeeper Femi Thomas.

In the fourth minute, Eduok hit the ball right-footed but Thomas saved again.

Enyimba's lethargic start to the game continued as Eduok and Okpokwu had the chance to score but could not finish off.

Dolphins continued to knock on the door of Enyimba but could not make their chances count.

Two minutes into the restart.

Enyimba head coach Kadiri Ikhana sent on Olabiyi and

Anaezemba for Razak Aliyu and Emeka Nwanna respectively and those substitutions paid off.

In the 52nd minute, Udoh opened the score. He received the ball from Markson Ojobo and skipped past Victor Ezuruike before letting fly with his left foot past Sunday Rotimi in Dolphins' goal.

Three minutes later, Udoh nearly made it two after Kingsley Sokari played him through on goal. His attempt to pick an angle was saved by Rotimi.

With 17 minutes to full time, Enyimba doubled their lead.

Ezuruike dilly-dallied over the ball and allowed Udoh to steal it off him before laying a pass to Okonkwo to hit it past Rotimi for Enyimba's second of the game.

In the 80th minute, Eduok did well to stay onside and Egwim slipped him through to finish and give Dolphins a lifeline at 2-1.

Enyimba nearly restored their two-goal lead inside added time through a counter-attacking move. Sokari passed to Udoh, who backheeled to Okonkwo, whose shot was palmed away

by Rotimi.

But the People's Elephant at this time had done enough to claim their second Cup title for the second successive year.

Victory is consolation for league miss, says Ikhana

E

NYIMBA Coach, Kadiri Ikhana says it would have been a tragedy had the Peoples Elephants failed to win this years Federation Cup trophy.

Ikhana led the Aba Millionaires to defend their title after beating Dolphins of Port Harcourt 2-1 in the final played at the Teslim Balogun Stadium on Sunday.

In a chat with NationSport after the game, an elated Ikhana said the trophy is a consolation to their fans af-

By Akeem Lawal and Taofeek Babalola ter the team failed to win the Glo Premier League title this season.

"It was a good game and the two sides lived up to expectation. This victory is a consolation for losing the league title. This one will make our fans happy as it would have been a tragedy if we did not win today.

"All in all, its a good season and we thank God for his mercy," the tactician noted.

Eduok sad despite MVP award

D

OLPHINS of Port Harcourt and Most Valuable Player of this year's Federation Cup, Emem Eduok has expressed regret over his team's inability to lift the title on Sunday.

The Super Eagles striker was on target for the Coach Stanley Eguma tutored side but his effort was not enough as they fell 2- 1 to Enyimba in the final played at the Teslim Balogun Stadium, surulere, Lagos.

"I'm not happy because we lost the game. We suppose to win this game but that is football for you, it's either you win or you

By Akeem Lawal and Taofeek Babalola lose. I'm not happy for that, getting to the final only to lose the game, Eduok told SportingLife immediately after the game.

Despite the loss, Eduok was however greatfull to God after being awarded the MVP of the competition.

"I'm however happy with the MVP award that I've collected and I thank God for that. This award means a lot to me, its my first award at a competition like this. I'm happy being the best player," Eduok said.

Enyeama plays down Arsenal link

N

IGERIA goalkeeper Vincent Enyeama has denied reports he is being monitored by English Premier League side Arsenal and says it will take ‘something special’ to leave his present club, Lille for any other club.

The 32-year old Lille of France shot-stopper has seen his profile rise over the last year, given his impressive performance for club and country – a development which has seen him linked to several clubs across Europe.

But the Nigeria captain tells SL10.ng that he hasn’t heard from Arsene Wenger or anyone at Arsenal, and says it will take something big and special to

lure him away from the north of France.

“Something has to happen for me to leave Lille. Lille is such a home for me; it has to take something big for me to leave Lille, something special. I’m not just going to leave Lille for leaving sake like most players do.

“They take pay cuts to leave their clubs; I’m not going to do that. I have a good offer and I’m happy in Lille and it’s like a home to me.”

“I have not heard of any offers from them (Arsenal), but I only read from the pages of newspapers and I have not spoken to my agent about it, but a few things happen,” he told SL10.ng.

MONDAY, NOVEMBER 24, 2014 TRUTH IN DEFENCE OF FREEDOM

VOL 9 NO 3,042

TODAY IN THE NATION ‘The stupendous wealth paraded by some Nigerians in the face of want by a majority of the people has become a big scandal that cannot be allowed to continue. Ironically, the glaring inefficiencies in our tax system have left many of such people paying little or no taxes at all.’

EMEKA OMEIHE

COMMENT & DEB ATE EBA

I

F one reads from outside the country the escapades of the Nigerian president and governor of Ekiti State, it would be tempting to say both men did not go to school. They have not heard of the word democracy, or were not instructed about the phrase the rule of law. That would mean they are illiterates.

But if one were illiterate and learned that these persons could speak English, one may conclude that they were not raised in environments that respected decency of the simple folks. In Niger Delta where the President hails from, the word decency is commonplace. The fisherman did not poison the pond for his fellow, neither did the farmer sully the soil for his neighbour who lived by subduing the earth. By being custodians of the earth, we are engineers of the community’s soul.

In Yorubaland where Fayose has lived and moved and had his being all his life, the familiar word is omoluabi. That word is a counterfoil to the human tendency to indecency, hubris and savagery. Both words imply a sense of civic decorum.

Tragically both men went to school, and both men have certificates to flaunt their scholarships. So if they are not illiterates, the real illiterates would wonder whether they grew up in the ambience of the African virtue.

They did not show this last week. In Ekiti, seven lacked the Yoruba etiquette of omoluabi when they, in kangaroo-style, took over the House of Assembly with the stolid backing of the police, to dislodge the Speaker and install one of them. This incident was taking place while in Abuja, the police were barring the Speaker from gaining access to the premises of the National Assembly. In both cases, the police were the barbarian at the gate.

We can say both men are stark illiterates but they are educated illiterates. Novelist Tolstoy made a distinction between those who went to school and who benefitted. He mounted the campaign to educate the educated. That refers to Jonathan and Fayose.

They are leaders in desperate need of enlightenment. They are at the head of a barbarian horde in the name of democracy.

But what sort of brute is our President turning into? He flexes muscles where there is no fight. He shrinks at the sound and smoke of gunpowder. When Tompolo and his men threatened him in Delta State, he winced and meowed like a new-born cat.

After boasting at Eagle Square his intent to declare open the Export Processing Zone in Itsekiriland in Ogidigben, he froze in Aso Rock where he said, in his serpentine way, that he had nothing against the Itsekiri. Boko Haram was pounding our soldiers out of territories and hunters fighting back to vic-

RIPPLES I’VE FAILED, says Keshi

Yes, you did not only FAIL, you FAILED WOEFULLY

SAM OMATSEYE

IN TOUCH

intouchnation@gmail.com 08054501081(sms only) Twitter: @samomatseye

Between Jonathan and Fayose

•Dr. Jonathan

•Fayose

tories. But he was cutting a flimsy birthday cake among his fawning followers. It was like Nero fiddling while Rome burned, or Gowon’s lavish wedding while his soldiers died in Biafra.

That was not enough when he unleashed the secret service with soldiers on the opposition party, the APC, in Lagos, vandalising computers, molesting the workers and arresting them. All without any warrant.

This was the President who, a few years ago, lamented that Nigerians wanted him to be a Pharaoh. Well, he is no longer the meek President that his quiet deception of mien portrayed. He is the meek serpent.

Blessed are the meek for they shall destroy the democracy. I still want to know if Fayose and Jonathan agreed, or it is the barbarian impulse of the tyrant in both men to act on the same day. I will not say it is a PDP thing because I know there are decent persons in that party.

When the President shed tears over the Pharaoh allegation, he said he wanted to build institutions. How do you build institutions by ordering your security operatives to unleash terror? If the President and his advisers do not know this, institutions are not built by angels that fall down from heaven. Humans do it, and they do it with a sense of fairness and integrity.

All the successful countries in the world rely on selfless personages to build institutions. An example is that of the Roman general known as Cincinnatus. He was asked to lead with absolute powers when barbarians invaded the empire. He led his country to victory, and within two weeks, he relinquished his post. He retired to his farm. We thought we could have the same when the military relinquished power on its own in 1979. But the civilians who took over turned themselves under Shehu Shagari into a sort of military with the backing of the army.

They failed to build institutions. Rather they started to hound the opposition. This compelled Chief Obafemi Awolowo to make a lone cry in the wilderness. He warned that the Shagari-led NPN was taking the country

Soyinka, Lagos Ibadan Expressway, et al

I

WAS in Abeokuta last Saturday to attend the Ake Arts and Books Festival, and had two observations. One, I took the Lagos-Ibadan Expressway, and I missed a good part of the event because of the interminable traffic jam. I told myself, this is an expressway but cars are moving like snails. I wonder what Jonathan and his men are doing on that road.

Somebody was to deliver an item to me from Ibadan last week, and he was stuck in traffic for hours. This is unacceptable in Nigeria’s busiest route.

My other observation was at the event itself. Soyinka fielded questions from a variety of youths who filled the hall at the refurbished Cultural Centre in Abeokuta. The youths impressed with their knowledge not only of Soyinka the man, activist and writer, but contemporary Nigeria. Soyinka of course answered the questions with characteristic verve, depth and cutting humour. I am glad I was educated by the sense that this is not a generation lost to Yahoo shenanigans. It vitiated my frustration that even though I was about the first to raise my hand to ask the Nobel laureate a question, they preferred youngsters. Not to worry. It was a great outing.

HARDBALL

D

EAR reader, what do you do with an employee who thinks he is doing you a favour? He is lost in his own world; he turns his nose up at you, he talks above your head, he could never seem to understand you and you too can’t seem to get through to him. As the years go by, the business diminishes, but he still turns up in fancy dresses and maintains the façade of normalcy with exotic espousals, slogans and faddish jargons. You, the businessman you are haemorrhaging to death and he your technocratic employee tells you about reforms with long-term gestational accruals and incipient values derivable from emerging strategic options.

Phew!

Damn it, this company is dying, this ship is sinking; you may find yourself screaming. This is the story of Dr.Ngozi OkonjoIweala, Nigeria’s two-time Finance Minister and currently with an additional omnibus title, Coordinating Minister of the Economy, (CME). She was a World Bank senior staff before she was head-hunted to lead Nigeria’s Finance Ministry during the Olusegun Obasanjo era. But as it has turned out, a seat at that ultra-Western and ultra-capitalist leviathan erroneously known as the World Bank does not necessarily make a man a good

to the democratic despotism of the early 1960’s when opponents were hounded and pounded. They even buoyed the barbarities with a law known as the preventive detention act. It allowed them to harass and arrest opponents with impunity. That republic fell not long after. The Jonathan case is even worse. He is doing his without any law, no matter how primitive. This President said, wearing a colourful agbada on his birthday that he did not believe in the politics of door- die. Really? What did his men do in Lagos, Ekiti and Abuja? Let him stop deceiving Nigerians that he is meek. We have a dictator in our hands, who wants to win the elections next year even if it means by undemocratic means. We are already seeing this.

He is not interested in building any institutions. The Roman leader Cincinnatus was the model for the first President of the United States, George Washington. He led the army to independence. After victory, he relinquished control and allowed the other statesmen to hold congresses on how to run the new nation. When the electors picked him as the first President, he was reluctant. Even at that, he worked against moves to make him a monarch or life President. He is often called a modern Cincinnatus, and the city of Cincinnati in Ohio was named in his honour and the Roman general’s. Selfless acts like that of Washington helped to build American institutions because the man built a template for selfless service. When a Fayose would subvert maths and make minority into majority and Jonathan subvert decency and stop the Speaker access to chamber to discus his own bill, we know we have the frontal abuse of democracy. The bill was to discuss the emergency, yet it was used as a ploy to play politics. It means politics of personal grudge is more important to Dr. Jonathan than the lives of Nigerians in peril in northern Nigerian.

Jonathan may be the President but the presidency is not Jonathan’s. He is President but not presidential. He will be one when he decides not to install his ego but build systems, beginning with the rule of law.

•Hardball is not the opinion of the columnist featured above

So very Okonjo-Iwealaesque manager of a country’s economy. She really has not made much of this job, Hardball must surmise.

But for a country that is bereft of ideas and quality leadership, she had to be drafted once again to the same job she performed so very woefully the first time. The job may be a bit complicated but it is well cut out: to remould a poor economy that is lacking in all the basics of a modern economy.

This time, she is given even more powers and an expanded scope of duty. In essence, in the last 10 years or so, Madam World Bank has been at the driving seat of Nigeria’s finance and economy; but it appears she has been wrestling with a monster she is incapable of fathoming its head or tail.

But so very Okonjo-Iwealaesque and like the employee described above, she would not admit that she has no clue about this animal called the Nigerian economy. Instead, she grandstand and grandstands some more even as the roof falls on our head. Just a few days ago, Madam woke up and took Nigeria back 34 years ago when the phrase, ‘austerity measures’ crept into our national

lexicon. She actually unveiled (read invoked) austerity measures upon us all as if she is ever gonna be subjected to it.

Recall that just a few days before, standing on her haughty pedestal, she had broadcast that ‘Nigeria is not broke.’ Before then, she had often regaled us with favourable sovereign ratings from her friends in Standard and Poors among such sepulchral trappings of the capitalist world. We had also been told recently that we are the biggest economy in Africa and number 26 in the world; among other rubbish she has fed us.

But with this latest announcement, she has finally unravelled and not unlike the economy she tends. After announcing her so-called austerity measures, she seems to have smacked her lips when she stated: “Every country that is well managed doesn’t just seat and allow a situation to happen to them. If they are well managed, they prepare the right set of policies to deal with the situation.”

Can you see our predicament? She does not even appreciate the problem; she thinks it’s about cutting costs and charging more taxes!

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