THEWILL APR 11 - 16 EDITION

2023 Presidency and Anxiety Over Zoning in PDP

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Nigeria is Broke!

NNPC’s Remittances At Record Lows

193m Barrels of Crude Oil Stolen in 11 Months

$3.27bn Lost to Oil Thieves, Vandals in 14 Months Corrupt Fuel Subsidy Bill May Cross $10bn in 2022 MAN, Analysts Proffer Way Out of Economic Crisis

Rising Debt Passes N40trn Losses Makes it Harder For CBN to Defend the Naira Debt Services Could Gulp 90 Percent of Nation’s Revenue

FEATURE:

Biometric System Rendering Nigerians Vulnerable to Cybercrime TH EWI LLNI GER I A

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SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com

COVER

Nigeria is Broke!

•NNPC’s Remittances At Record Lows •193m Barrels of Crude Oil Stolen in 11 Months •$3.27bn Lost to Oil Thieves, Vandals in 14 Months •Losses Makes it Harder For CBN to Defend the Naira •Corrupt Fuel Subsidy Bill May Cross $10bn in 2022 •Rising Debt Passes N40trn •Debt Services Could Gulp 90 Percent of Nation’s Revenue •MAN, Analysts Proffer Way Out of Economic Crisis

loss of oil revenue to vandals. The Chief Executive of NUPRC, Gbenga Komolafe, who disclosed this, said that much of the crude oil losses came from Bonny Terminal Network, Forcados Terminal Network and Brass Terminal Network – the nation’s major export oil channels.

BY SAM DIALA

W

ith the drumbeats of politics beginning to sway the Nigerian environment, the majority of the citizens seem distracted from the impending acceleration in economic hardship while the nation bleeds. The hemorrhage, which worsens by the day, leaves no room for a guesswork that Nigeria is tilting towards bankruptcy. And little suggests that an effective remedy is in sight. It may not be an exaggeration to state, at this stage, that Nigeria is broke!

He listed factors aiding the criminal activities to include economic challenges, inadequate security, poor surveillance, poor community engagements, exposed facilities and stakeholders’ compromises, stressing that due to the high level of theft, the country had been unable to meet its OPEC production quota.

The revenue from oil, the pillar of her economic existence, is declining at a frightening rate. National debt is unsustainably high and the government is borrowing more. Furthermore, expenditure, waste, corruption, mismanagement and looting of our common wealth continue unabated as other macroeconomic fundamentals point to a possible collapse of the economy.

ROAD TO PERDITION Ten years ago, Nigeria earned $62.9 billion (about N12.5 trillion at that time) as revenue from the oil and gas sector, with daily oil production hovering between 1.8 and 2 million barrels per day in 2012. Nigeria’s crude oil production has declined to an average of 1.3 million barrels per day as at date, meaning that oil revenue has dropped significantly. The implications are obvious – shrink in government revenue with ripple effects on the wider economy.

WHEN GOOD BECOMES BAD Nigeria’s situation is worsened by the fact that the rising crude oil price in the international market has not translated into any benefit to the country. This point was highlighted by the World Bank’s Country Director for Nigeria, Shubham Chaudhuri, earlier in the year when he said that rising oil prices might have a negative impact on Nigeria’s revenues due to the huge sum of money spent on the importation of refined petroleum products and payment of fuel subsidy.

A report published by the Central Bank of Nigeria (CBN) showed that oil revenue for 10 months to October 2021 stood at N4.03 trillion, representing a very marginal increase of 0.2 per cent from the N4.02 trillion recorded in the corresponding period of 2020, even though the most part of 2020 was constrained by COVID-19-induced shut-ins and shutdowns.

“Ironically, Nigeria is at a point now where rising oil prices might not be a good thing because, although oil production might go up and crude oil revenue may increase, which in some sense is a good thing, the fiscal cost of PMS subsidy and gasoline subsidy will also go up,” Chaudhuri said at the Deloitte National Economic Outlook for 2022 in Abuja.

According to the CBN report, oil revenue into the Federation Account, which comprises crude oil and gas exports, petroleum profit tax (PPT)/royalties and domestic oil and gas sales, has been on a steady decline.

The report further indicated that the relative stagnation in oil revenue during the 10-month period was occasioned by 62 per cent, year-on-year, decline in crude oil and gas exports and 10 per cent, year-on-year, decline in domestic oil and gas sales, which cancelled the impact of 13 per cent, year-on-year, increase in revenue from PPT and royalties. It noted that crude oil and gas export revenue recorded a huge decline to N125.4 billion in 10 months from N326.05 billion in the preceding year.

A frightening twist is the rising crude oil theft which has assumed a worrying dimension in the industry. Nigeria recorded 193 million barrels of crude oil deficit in 11 months in 2021, resulting in a production drop to 441 million barrels of a projected 635 million barrels of crude during the period.

Additionally, only 12 of the country’s 53 oil rigs were found to be active.

At a projected 1.86 million barrels daily oil production in the country’s 2021 budget, Nigeria recorded a huge deficit of almost 200 million barrels in the first 11 months of the year, due to the rising cases of crude oil theft, ageing infrastructure, challenges associated with host communities, under-investment and poor security in the waterways. Figures from the Nigerian Upstream Regulatory Petroleum Commission (NURPC) indicated that while Nigeria was expected to pump approximately 635 million barrels of oil by November 2021, it struggled to produce only 441 million barrels in the period.

Many oil companies are reporting huge losses, sometimes up to

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80 per cent of production in the pipelines. According to reports, when they pump through the pipelines, they only get about 20 percent of product and the rest lost to pipeline breaches and organised theft. Incidentally, the 20 percent hardly covers the cost of production. This results in huge losses while the cost of funds mounts.

Some of the operators identified security as a core issue for the oil companies as product losses through the pipelines are now so massive that it is affecting their bottomline and the country’s revenue projection from crude oil export. “Huge quantities of products are daily stolen by individuals and organised cartels of criminals. This has an impact on our existential imperative,” said Ferdinand Alao, an oil and gas financial expert.

HELPLESS SITUATION? The Federal Government recently raised the alarm over the rising rate of crude oil theft in the Niger Delta, disclosing that about $3.27 billion worth of oil had been lost to vandalism and theft in the past 14 months. In a presentation at a stakeholders’ engagement in Abuja last month, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the government was extremely worried about the huge

Recently, oil prices have exceeded the $100 per barrel mark, a price level not seen since 2014. “It is not guaranteed. We hope it will have a positive impact. It will help the broader economy, but in terms of the direct impact on the fiscal situation or the balance of payment, it is a bit more complicated,” the World Bank official said. He explained that it is hard to come up with an exact estimate, but maintained that further oil price increase might have a net negative impact on the federation’s revenues.

THE SUBSIDY IMBROGLIO Nigeria spent N1.03 trillion on fuel subsidy in 2021, according to data from the NNPC. The World Bank projects that the country could end up spending between N2.5 trillion and N3 trillion on PMS subsidy in 2022. The Federal Government is seeking the National Assembly’s approval of a N4 trillion supplementary budget to fund fuel subsidy in 2022. There are fears that this will escalate the 2022 fiscal deficit beyond N10 trillion. With the nation’s debt stock hitting over N40 trillion, there are fears that the nation might be using about 90 percent of its revenue to service debts. This leaves a meagre revenue for capital expenditure and other recurrent expenditures.

With the rising government debt, there is palpable fear in fiscal

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COVER and monetary policy analysts’ circles that the country could soon really become broke and be unable to meet its obligations.

Concerns have also been expressed that the nation may become stuck in a debt quagmire in the event of a major currency crisis or face foreign exchange risks that could double the current debt profile. This will spell disaster for the citizens, who are already at the trough of the misery index curve, as the high cost of living has worsened in recent times.

But what is Nigeria’s actual daily petrol consumption on which the massive oil subsidy is paid? The Major Oil Marketers Association of Nigeria (MOMAN) pegs Nigeria’s Premium Motor Spirit (PMS) consumption at an average of 14.2 million litres per day. This figure appears to be at variance with the claims of the government, which had on different occasions pegged the country’s monthly petrol consumption at 50 million, 60 million, and over 100 million litres per day.

The Managing Director/CEO, Taurus Oil and Gas Limited, Dr Nnaemeka Obiaraeri, a banking and oil and gas industry expert, in an interview with THEWILL, disagrees with the level of domestic petrol consumption that the government claims. He argues that no empirical evidence supports the claim of such a huge domestic consumption of petrol, even when the volume that is smuggled out is taken into account.

He said: “The refineries have not been working since 1999. Yet, they tell us we consume 103 million litres of PMS (premium motor spirit) per day and they will blame smugglers. How can we believe such stories? Look at the daily domestic demand of all our West Africa neighbours.

“Assuming these countries are so unwise that they cannot even import their own petroleum products, assuming they depend 100 percent on smuggled petrol from Nigeria, which is not true, they would not consume the level of petrol products that are ascribed to them.

“Let us also assume that these neighbouring countries are buying from or depend solely on Nigeria, which is not true.

If you add their 8.6 million litres total consumption per day to what the US EIA record says is our consumption – about 39 million litres per day, that would mean that we and our neighbours are consuming about 46 million litres. So, where are the remaining 57 million litres that NNPC says are being smuggled?

“To smuggle 57 million litres of PMS every day, will require about 1,800 12.5 feet long trucks. If you line up those trucks at a time on the road bumper to bumper, they will cover a 22 kilometre stretch of road. How can trucks move in a convoy that covers 22 kilometres without security agents – Police, Army, Air Force and Navy –seeing it?”

WALKING A TIGHTROPE As things stand, Nigeria can no longer accommodate the huge amount of money that it loses through waste, mismanagement, corruption and outright stealing. The NNPC is beginning to make zero remittance to the Federation Accounts Allocation Committee (FAAC). For the first time in eight months, the Nigerian National Petroleum Company (NNPC) Limited failed to remit a kobo to the Federation Account in January 2022, despite the rising international prices of oil. That is a bad sign.

Data showed that despite making an average N52.3 billion daily, given oil price averaged at $90 per barrel and also a slight improvement in oil exports of 1.3 million barrels per day in that month, NNPC said it had no money. It was also revealed that a whopping N210.38 billion was spent on petrol subsidies in January. What this means is that in one year (February 2021January 2022) almost N1.8 trillion went into subsidy payment.

“In fact, it is more likely that zero remittance could be experienced in the months ahead given the challenge of occasional fuel scarcity, bad fuel importation and oil price now above $100 making the cost of importation more expensive.

The government is most likely to witness continued dwindling remittance to FAAC,” said Mike Ekemor, a financial analyst.

The three levels of government shared N675.946 billion in FAAC revenue in December for the month of November, while it shared N699.82 billion in January for December 2021.

However, overall payments shared in February 2022 dropped drastically to N574.66 billion – a four-year low, increasing worries about states’ capacity to fulfil their existing financial commitments. Already, many states are either owing a backlog of salaries or have slashed workers’ salaries substantially, making life more difficult for the people.

Incidentally, spokespersons of the relevant authorities contacted for comment did not respond. Calls made to the Group General THEWILLNIGERIA

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Manager, Public Affairs, NNPC, Garba Deen Muhammad, were not successful as his mobile phone indicated it was switched off. Messages sent through SMS and WhatsApp were not responded to. The same applies to the Director, Press, Federal Ministry of Finance, Mrs Philo Osodin, and the Director, Corporate Communications, CBN, Osita Nwanisobi.

SOCIAL IMPLICATIONS Given the worsened insecurity in the country that has disrupted farming and movement of goods and services combined with the high rate of youth unemployment, the looming bankruptcy would only deepen hunger, fuel crime rates and mutual mistrust among Nigerians. The 50-Day ASUU-FG face-off keeps frustrated students at homes that are currently in darkness due to the collapsed national grid. This is also an indication of coming shut down in other sectors due to inability of the government to fulfil its obligations.

DEPLETING FOREIGN RESERVE The nation’s external reserve is not spared. Nigeria’s gross external reserves which stood at US$43.85 billion at 31st December 2021 decreased to US$39.86 billion in February before dipping further to US$39.55 billion in March 2022. That means many companies will not be able to import machinery and raw materials for domestic production, leading to scarcity, high cost of goods and services and more hardship for the people.

To contain the depletion of the nation’s reserves, the Central Bank of Nigeria has hinted that it would stop foreign exchange sales to deposit money banks (DMBs) amid steep dwindling forex inflow. In reaction the banks have commenced a review of the usage of their naira card for international transactions from $100 to as low as $20 per month. The local currency, the Naira, will continue to decline in value at the foreign exchange market, now about N590/$1 as against the interbank rate of N419/$1.

Analysts explain that the development reflects prevailing economic realities bordering on Nigeria’s revenue crisis as oil proceeds dwindle, putting pressure on the nation’s external reserves. The foreign exchange shortage will affect the ability of Nigerians to pay for foreign goods and services including education, healthcare. The high cost of imported equipment and raw material will be passed to the final consumers as inflation rate surges.

The government is also struggling to stay afloat amid actions and inactions which suggest that Nigerians possess inelastic capacity, hardship, pains and misery. Nigerians should brace up for the impending bankruptcy.

It is obvious that cutting wasteful expenditure and plugging avenues of revenue leakages do not seem a priority to the government. In its wisdom, the government believes that the tax loop should continue to be widened. If practicable, Nigeria’s 200 million people should be dragged into the tax net, and have the fiscal hose plugged into their body to suck more taxes from their blood. The government maintains that ‘Revenue’ is its problem, not the high cost of debt servicing.

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The government is also struggling to stay afloat amid actions and inactions which suggest that Nigerians possess inelastic capacity, hardship, pains and misery. Nigerians should brace up for the impending bankruptcy

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Early in the year, Agusto and Co, a foremost credit rating agency in Nigeria, projected that the country’s debt-to-revenue ratio would cross the 80 percent mark in 2022 following the build up to the general election in 2023. In their projections for 2022, the agency stated that in 2022, the major themes that will dominate Nigeria’s economic landscape will be politics, the management of the fiscal deficit, foreign exchange policy of the Central Bank and changes in prices and economic growth (or the lack of it).The International Monetary Fund (IMF) said last February that the Federal Government could spend as much as 92.6 percent of its revenue on debt servicing this year.

With attention focused on raising more tax, the challenge gets more complex. Government revenue officials and consultants become more daring in their crude approach to revenue drive.

How the government plans to expand the tax window in the midst of a dwindling economic fortune is one paradox that stares everyone. Income and tax revenue do not grow under a lean economic environment.

Additionally, the cost of diesel and aviation fuel has shot up to about N700 per litre. Petrol sells above the “official” pump price in different parts of the country resulting in an increase in transport fare which is borne by commuters and final consumer of goods. The rising cost of transportation contributed more to the high inflation rate of 15.7 percent recorded in February 2022, from 15.6 percent in January, according to the National Bureau of Statistics.

The Joint Admissions and Matriculation Board, JAMB, has raised its University Tertiary Matriculation Examination, UTME, mock examination service charge from N600 to N1,000 over high diesel cost. This suggests that no sector is spared.

The Manufacturers Association of Nigeria has sent a distress call seeking the Federal Government’s intervention in the high cost of diesel.

“It is getting extremely difficult to produce and I don’t know how we are going to cope because 70 percent of industries are running on diesel, there is no light. It is a difficult thing ensuring production at this time, as diesel has gone up to N720 and N730 per litre. We are having 30 percent of what it used to be, whereas the disposable income of people is not increasing and the costs of products are going up”, Chairman of the Manufacturers Association of Nigeria (MAN), Lanre Popoola, lamented.

The economic consequences are obvious: high cost of production, low capacity, low consumption, loss of jobs, loss of tax revenue, closure of factories and other serious outcomes.

The rising cost of petrol importation brings an additional burden to the economy. Nigeria, Africa’s largest oil producer, saw its petrol import bill hit an all-time high of N3.96 trillion in 2021.

The amount spent on the importation of petrol in 2021 jumped from N2.01 trillion according to data from the NBS. The cost of importing petrol last year is more than 40 times larger than the entire 2021 budget of N94.4 billion meant to pay for free universal basic education. Furthermore, analysis of the trend showed that Nigeria’s petrol subsidy could surpass budgeted N3.36 trillion oil revenue.Nigeria’s oil production is also falling below the 2.2 million barrel per day mark it used to record.

The Federal Government has confirmed that it terminated electricity subsidy and that fuel subsidy will eventually be totally withdrawn. The living misery of Nigerian households and businesses is compounded by these factors as cost of living gets out of reach. The NBS reports showed that the cost of food has been rising astronomically across the states due to high transportation cost and insecurity.

The current war between Russia and Ukraine, the world’s largest producers and exporters of wheat has sent shivers in the spines of Nigerian businesses. Obiarari told THEWILL that the revenue crisis could be addressed through cutting costs and reducing waste. He urged the government to fully implement the Petroleum Industry Act which provides for full privatisation of the NNPC. “You cannot be carrying a loss-making venture and still want to make profit. Let them privatise the refineries. By privatising those refineries NNPC will be eliminating over N150 billion loss from their operations”, he said.

Political Economist, Lawyer and Visiting Fellow at the London School of Economics, Olu Fasan, in a chat with THEWILL said the cost of governance must be drastically cut down and the economy effectively diversified to attain the level of productivity that would help the citizens absorb the shock of the government’s fast dwindling revenue.

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POLITICS

2023 Presidency and Anxiety Over Zoning in PDP

Some people however believe that the argument is self-serving because of both aspirants’ ambitions.

Yet, some people are saying that, to be fair to the north, southerners have used up the PDP’s slot. Former Presidents Good Jonathan and Olusegun Obasanjo did six and eight years, respectively, which makes it 14 years. Yar’Adua only lasted two years. When people talk of the PDP being in power for 16, they are referring to 14 years of southern presidency. So those who are complaining also have a point about the North having it.

To many analysts, because of what is happening now and to put the matter to rest, the ticket should be thrown open. They are of the opinion that it will be better to have internal wrangling, which the presidential primary will resolve afterwards than to have a presidential primary that is peaceful but will lead to a crisis during the general campaign.

Those who say that zoning must be adopted are of the view that the South, particularly the South-East, has not produced the President since the advent of democratic rule in 1999. For the sake of fairness, equity and justice, it should be the turn of the South-East to rule.

BY AYO ESAN

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he issue of where to zone the 2023 presidency reared its ugly head last week, following an alleged leaked report of the Peoples Democratic Party Zoning Committee, which allegedly threw open the position of the president to all the zones.

The news of the alleged leakage of the report drew wild criticism from eminent people in the southern part of the country, including the pan-Igbo socio-cultural organisation, Ohanaeze Ndigbo, which insists that it is the turn of the South East to produce the president in 2023 THEWILL recalls that about three weeks ago, the PDP set up a 37-member zoning committee at the end of its 95th National Executive Committee meeting. Headed by Governor Samuel Ortom of Benue State, the committee was expected to recommend to the party whether zoning would help it return to power at the centre in 2023 or not and to state a position as to which zone between the North and the South should get the nod to produce the presidential candidate of the party.

The committee, comprising one representative each from the 36 states of the federation and the Federal Capital Territory, Abuja, submitted its report to the National Executive Committee of the party last Wednesday.

The content of the leaked report caused wild reactions and condemnations from leaders from the southern region, but the leader of the committee, Ortom, debunked the alleged leakage and said that only the party’s NEC had the power to disclose the final decision on zoning.

Many Nigerians believe that the allegedly leaked report contained the true facts about the committee’s final decision because of two previous developments in the party. One was the report of the Bala Mohammed – led committee, which was set up immediately after the 2019 general election by the PDP to review the performance of the party at the election. The committee in its report said the party should jettison the zoning principle in the 2023 general election to give room for all the aspirants to achieve their aspirations.

The other development was the decision of the various presidential aspirants of the party across the six geopolitical zones to obtain presidential nomination forms even before the committee submits its report on zoning.

As it is now, the PDP is sitting on a keg of gunpowder as the issue of zoning has polarised the party and may affect the party’s performance in next year’s presidential election.

The zoning of political positions became a norm in the lexicon of the Nigerian political system after the PDP came into existence in 1998. The party introduced the zoning policy as a way of sharing top political positions. Thus, within the party structure when a presidential candidate emerges from the South, the North produces

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While speaking with THEWILL, a former National Deputy Chairman of the PDP, Chief Bode George, who is also a member of the zoning committee, said the PDP today is facing an unexpected situation where it is not in power and how that will affect its zoning policy.

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Those who support zoning and those against it seem to be arrogantly presenting their arguments and the two camps are maintaining a hard-line posture

the Vice President. The positions of Senate President, Speaker of the House of Representatives and Secretary to the Government of the Federation, SGF and National Chairmanship of the party are also zoned to various regions. To achieve this, the country was divided into six geopolitical zones, namely, North-West, North-East, South-South, North-Central, South- West and South-East.

So as the nation gets set for the forthcoming general election, the issue of which zone should produce the next president remains a source of conflict. The Southern Governors Forum, comprising both APC and PDP Governors in the southern part of the country, had announced that the next President of the country must come from the South, while some northern elements also said that Buhari's successor must come from the North. Some people believe that to achieve the desire of electing a credible person as presidential candidate, the position should be thrown open to all the geopolitical zones.

Those who support zoning and those against it seem to be arrogantly presenting their arguments and the two camps are maintaining a hard-line posture.

Those opposed to zoning in the next election are of the opinion that it is mentioned in the PDP’s constitution, but that in the prevailing circumstances the best thing for the party is to leave it open for everybody.

They are of the opinion that once the process is free and fair, whoever emerges will be seen as a credible candidate, but if it is zoned to the North, southerners will be angry and if zoned to the South, some northerners will feel indifferent when the time comes for the general campaign.

If the North is shut out, they believe you are indirectly telling them that they do not matter. One thing is for the ticket to be won by someone, the other thing is for the person to win the general election. This is the argument of Aminu Tambuwal and Bukola Saraki.

“I don’t believe we have jettisoned the rotational presidency. What they have done is to reposition to give everybody the opportunity to participate, it is very uncommon. If I can back-up a little bit, historically, how did we come about zoning? Because if you don’t understand why that one was accepted, you wouldn’t know the reason why people are playing this kind of game.

“The founding fathers sat together when General Abdulsalam Abubakar was trying to hand over and they said ‘Look, let us be serious with our nation. What has been the major setback in this country?’ It has been that in the North, the minorities were to be seen and that is all.

“In the South, it was the same thing. So the founding fathers, Chief Bola Ige from the South-West and Pa Alex Ekwueme from the South-East, for example, were people who would not get in the same room and discuss politically. So, the G9 wanted to find out what exactly had been the major setback in the progress of our nation and they thought the majority would always have their way.

The minorities are to be seen and not heard. So they came up with this brilliant idea that let us divide Nigeria into six geopolitical zones so that you have three in North (North-Central, North-East, and North-West) and in the South, you have South-East, SouthSouth and the South-West.

“With these geo-political zones, they sat back and said, ‘Look, there are six top positions in the government: The President, the Vice President, Senate President, Speaker of the House of Reps, Secretary to the Government of the Federation and National Chairman of the party.’ So there are six geopolitical zones and six top positions.

“Nobody, whether you are minority or majority, will go home without something to show to their people. So that sense of commitment was established. But when you look at it like that, after eight years, all the positions in the South will go to the North and all the positions in the North will come to the South. But the mistake they made was that and it is natural, you know, you can’t find solutions to all problems, especially when it is a developing country; even developed countries do have problems. But what the founders didn’t consider was that a situation could come up where you will have another political party that can produce the president, you know it wasn’t in our political equation. So when the APC now produced the president and he was from the North, what happened to our zoning arrangement? We never factored that in our political equations.

“Now President Buhari of the APC has been in power for eight years and he is from the North, how will that affect the zoning in the PDP?. Our founding fathers didn’t put that into consideration and that is why we are having the current problem,” he said.

Also speaking with THEWILL, another BoT member of the PDP, Chief Ebenezer Babatope said that whatever decision taken by the NEC of the party would be acceptable to him.

“The argument for and against the zoning of the presidential ticket is solid. But it is better to wait and let the NEC of the party tell us their decision. Their decision is final and it will be binding on all,” he said.

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EDITORIAL

Insecurity: Time For Sober Reflection

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he seeming helplessness of the Federal Government in the face of the deadly activities of terrorists across the country, especially in the North-West, is alarming. The past few days have been particularly dreadful for Nigerians who have had to live with the hunting spectre of terrorism.

From kidnapping of schoolchildren to the attack on Kaduna Airport, laying siege to roads and military installations and bombing of a train on the Abuja-Kaduna Railway Line, the marauders are having a field day. No place is safe from their attacks anymore. With each passing day, the terrorists plunder at will, striking fear into the hearts of Nigerians, many of whom are even far away from the theatre of violence.

It is unbelievable that this state of anarchy has been left to fester for long under a government that has security as one of its major reasons for coming to power.

Sometime ago, Governor Sani Bello of Niger State raisesd the alarm that bandits, as they were called then before an Abuja Federal High Court recently pronounced them terrorists, had annexed eight out of 25 Local Government Areas in the state, which is less than 200 kilometres to the Federal Capital Territory, Abuja. No action appeared to have been taken. Up till now, the terrorists are still in those local government areas, collecting taxes and carrying out some form of administration there.

Governor Bello Matawalle of Zamfara State has painted a similar picture of his state, where farmers

have to pay millions of naira to terrorists in order to access their farms. Even so, they are usually accompanied by armed guards whose duty is to protect them from rival gangs.

The case of Kaduna with its daily orgy of violence, bloodletting, maiming and killings is already in the public domain to warrant more emphasis. What is important now is to avert attention to the worsening insecurity in the country and get to the bottom of it, with a view to bringing an end to it.

First, the Federal Government must realise that it is losing grip of the country's security structure to protect the life and property of Nigerians. It bears repetition to say that one of the three-point agenda of this government is insecurity, besides corruption and the economy. Added to that manifesto is the Constitutional requirement to provide security for the lives and properties of Nigerians as the basis of existence of any government.

Beyond sentiments therefore, the performance of this government can only be fairly and correctly assessed by what it has done to fulfill its promise to tackle insecurity, which is one of its campaign promises, and to what extent it has done so constitutionally.

Since terrorists have graduated from being mere bandits and kidnappers to bombers of trains, raiders of airports and military bases, it is, safe to say that things have degenerated progressively for the past seven years under the watch of the present government. Without mincing words, it is our considered view that the government is failing to justify its promise on security to Nigerians after seven years in office.

With insecurity of life and property, it can only be imagined how this

governance deficit has impacted the other promises to fight corruption and revamp the ailing economy.

Banditry and terrorism had gradually escalated until it reached the current frightening scale. The recent judgement by an Abuja Federal High Court, which pronounced bandits as terrorists, was a wake-up call on the government to do the needful and eliminate this virus from the land.

But, as often happened with other calls to action on matters of national importance, it was taken with levity, emboldening the terrorists to strike harder and farther.

Some time ago, the AuditorGeneral of the Federation, Aghughu Adolphus, confirmed that 80,000 assorted weapons were missing from the police armouries. Even President Muhammadu Buhari said that the arms carried by criminals were locally sourced. Still, the

Since terrorists have graduated from being mere bandits and kidnappers to bombers of trains, raiders of airports and military bases, it is, safe to say that things have degenerated progressively for the past seven years under the watch of the present government

government, which once threatened to name the sponsors of terrorism in the country, failed to do so. What about prosecuting those captured for terrorist acts? What happened thereafter? These questions are begging for answers.

Governor Nasir el-Rufai has said all that needed to be said in this matter.

His indictment of the DSS, Army and other agencies of government for their laid back attitude to tackling terrorism in the country shows how much value we place on human life and how seriously governance has fallen. Why, for instance, as the Kaduna governor said, would the security agencies know the hideouts of terrorists and listen to their conversations regularly and yet fail to arrest them? Whose authority are they obeying? Federal Government or the terrorists? Why has nobody connected with this worrisome affair been brought to book? Why shouldn't an emergency be declared in states like Kaduna, whose governor disclosed that it was in a state of war and that he was helpless?

The situation at hand calls for hard decisions and sober reflection, if things will not continue to fall apart.

We believe that sanity and governance will return to the land, if the preceding posers are addressed adequately.

People are appointed to perform functions and not to warm office seats. Mere identification of a problem without taking necessary action will only achieve the opposite, which is to compound it. Those considered to have failed in the performance of their duty should be relieved of their post and fresh hands appointed to replace them. In a few words, this government must sit up!

Publisher/Editor-in-Chief

Austyn Ogannah Editor – Olaolu Olusina Deputy Editor – Amos Esele Politics Editor – Ayo Esan Business Editor – Sam Diala Copy Editor – Chux Ohai Cartoon Editor – Victor Asowata Entertainment/Society Editor – Ivory Ukonu Photo Editor – Peace Udugba Head, Graphics – Tosin Yusuph Circulation Manager – Victor Nwokoh Nigeria Bureau: 36AA Remi Fani-Kayode Street, GRA, Ikeja. Lagos, Nigeria. info@thewillnigeria.com / @ THEWILLNG, +234 810 345 2286, +234 913 333 3888.

EDITOR: Olaolu Olusina @OLUSINA [Letters/Opinions: opinion.letters@thewillnigeria.com] THEWILLNIGERIA

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OPI N ION

2023: League of Agbayas Return

BY TONY OGUNLOWO

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he 2023 general election is fast approaching.

Soon Nigerians will be trooping to the polling stations to elect a new President. The election promises to be a defining one, which will determine whether the country will remain a single corporate entity or crumble under the weight of the prevailing insecurity, confusion, hardship and suffering. The options, unfortunately, will be very limited.

All the major presidential aspirants are past the age of 70 and suffering from incontinence, dementia and other old age-related ailments. They have at one time or another been in government or involved in it. The majority of them don’t have clean slates and their past achievements are subject to debate.

‘Agbaya’ is a Yoruba word that best describes an older person – mostly men – who don’t act their age, thinking they are perpetual kids and not knowing when to quit, even after they have got the T-shirt To move forward, Nigeria needs a young and vibrant leader. All over the world, with the exception of a

few, young leaders in their forties are being elected to take their countries forward into the 21st century.

The Nigerian Constitution needs to be amended in such a way that nobody over the age of 65 should be allowed to contest in a presidential election. A presidential candidate needs to be in touch with the modern world around him. And that means he must be physically and mentally fit and know how to be part of it. There is no point in electing an old man who can’t even operate a smartphone, let alone know what a gym is.

Second on the list should be education. Some of those who ruled the country in the past lacked the right educational qualification and they could hardly string up a simple and correct sentence, let alone write or make a decent speech. Therefore, the minimum qualification for a person aspiring to be President should be at least a Master’s degree (- preferably not in Theatre Arts or Religious Studies!). In addition to educational qualification, the candidate should be made to do an I.Q Test – no room for dullards!

Previous criminal convictions or indictments will have to be third on my list. I’m a great believer in forgiveness and believe if you’ve done your time for your crime you should be given a second chance.

This, however, in my books, does not extend to Treasury looters. If you’ve been convicted for corruption or at one-time or another been a guest of the EFCC chances are if elected to high office again the looting will continue, especially when all of them believe in the maxim of an ex-President who doesn’t believe corruption is a crime. So, if you have a conviction or the EFCC has paid you a visit you shouldn’t be allowed to stand for office.

So, if my conditions are followed 95 per cent of the presidential candidates will have to step aside – and finally retire.

With all the Babas, aka ‘agbayas’, gone it will pave the way for a new generation of young leaders to emerge who won’t keep on reminiscing about how great they were during the civil war and will get to grips with the task of nation re-building.

The Future of Sustainable Food Supply

BY TIMI OLUBIYI

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he common social concerns are high mortality rate, poverty and malnutrition in the country.

But for the concerns that bother on health, the advice is usually to reduce fats, cholesterols and sugar intake, improve on nutrition and good diet, do not smoke and so on to avoid health issues. However, the fact is that food is about health and healthy living, but less is heard about the need to promote organic food eating, in a world where innovation is now widespread in agric-business and farming, with the genetically engineering of crops and foods.

Genetically Modified (GM) foods are foods that are produced from genetically modified organisms (GMO) that have had their DNA altered through genetic engineering. Genetic modification, also known as genetic engineering, it simply means havingthe DNA of crops and foodstuffs altered using genes from other plants or animals to achieve specific aims. Scientists take the gene for the desired trait in one plant or animal, and they insert that gene into a cell of another plant or animal. So, with this in mind, the natural ways of growing crops and even mating by animals can be bypassed for commercial and business gains. This concept is quite different from the conventional gestation periodand natural farm harvest time.

Scientists take the gene or seed for a desired trait (colour, flavour, texture, early maturation, greater yield and bigger output) in one plant or animal, and they insert that gene into a cell of another plant or animal to produce the specific and desired results.

I am made to understand that the benefits of this innovation in agriculture include better taste, a longer shelf life, better nutrition and quality; increased profit for growers; virus and insect resistance; herbicide tolerance, and increased food yield to alleviate hunger.

Furthermore, the key benefit of this trend is mainly for multiple productions of food, though many fish or chicken can mature more quickly with this innovation as well, with the hope of lowering costs, with fewer environmental resources (such as water and fertilizer). The big question and concern are who regulates this process in the country?

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In a place where shortcuts, dumping, profiteering at every cost are the order of the day, this should be a cause for concern. I have seen first-generation products, such as oranges without seeds, corn with less harvesting period, plastic-looking tomatoes, bananas and plantains looking like toys, chicken ready for consumption in three months and a host of others mainly due to commercialization. The main motive is for profitability of the businesses that are involved in the enhanced food production.

Enhanced food production through genetical modification of the foods may be everywhere considering the economic woes, shrinking disposable income and the poor affordability of many. But is there any quality checks or control on all these genetically modified foods that are freely available in the markets? Who monitors the health implications if any? Businesses may just be feeding the poor, the hungry with this process without any scientific checks. In fact, many consuming these foods may not necessarily be aware of the makeup of the foods or be aware that they are actually consuming genetically modified foods. A quick survey to understand the viewpoints of consumers on genetically modified foods indicated that many were unaware of the concept in agriculture or farming. In fact, a large number close to 90 per cent of those surveyed have no idea what the concept means. The answer from most of them was, “I have just heard of it for the first time”.

The key reason for this write-up is to raise awareness of the growing trend of foods that are genetically modified and the need to provide guidelines, improve food safety, to avoid potential harm and cases of unknown sicknesses in the world and indeed, Nigeria. Although the concept could make food available commercially and make for better yield, compared to traditional breeding, the important thing is the quality control and the need to certify it fit for consumption before production on commercial scale. Like all new technologies, such foods may also pose some risks, known and unknown, to human life.

In a country where many shun moral and ethical

values, much is expected from research Institutes, the National Agency for Food and Drug Administration and Control, (NAFDAC), Consumer Protection Council and other sister agencies to regulate, control and set standards for genetically modified foods.

Although there has been no evidence of detrimental or toxic effects from the use of genetically modified foods in the country, the truth is that no one can predict all its consequences. Currently, the public knowledge is weak and farmers, food retailers, restaurants and caterers rarely inform customers or consumers of the foods, crops or ingredients, they deal with, or that it contains genetically modified organisms or not, because currently, no law compels them to do so.

Even though the production of genetically modified foods involves tampering with nature, the entrepreneurs, businesses and farmers involved in such production claim that these foods are safe and have no side effects. Conversely, in my opinion genetically modified foods represent a significant innovation and commercial breakthrough in the Agric business, therefore to a high degree, abundant harvests and profitability may just be the key drive, so there is need to regulate.

So, effective regulations, standard guidelines and the need to have genetically modified food regulations in the country is expedient. I am just concerned and I think many too should be, over the safety of the food we consume and the health implications because majority are poor and what is affordable might not be right for consumption. Nevertheless, genetically modified foods have entered our food basket largely via imports or due to cultivation of genetically modified food crops, it is still right for the apex food regulators in the country to carry out safety assessment because this is central in ruling out fear, uncertainty, and doubt (often shortened to FUD) in consumers and citizenry going forward.

In conclusion, government and the regulators must set up a system for regulating both domestically produced and imported genetically modified food products as Australia, Brazil, the European Union and others do.

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S P ECI AL EDI T I O N • MO N DAY A P RIL 11- APRIL 16, 2022 T H E W I L L N E W S P A P E R

Easter: Operators Woo Passengers as Domestic Airlines Record Low Booking •Air Travellers to Pay More

BY ANTHONY AWUNOR

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here are indications that airlines have recorded a drop in passengers following the recent increment in the price of flight tickets, with a one-way economy selling for N50, 000 and above.

Although the recovery in air travel is gathering steam as the Federal Government lifted travel restrictions, local airline operators may not find it easy in the passengers market this season due to low patronage.

A source at the domestic wing of Murtala Muhammad Airport (MMA) told THEWILL that passengers traffic is very low because most travellers are not turning up to book or to travel as usual.

The ticketing officer said passengers’ figure had dropped for sometime, saying that, if it were in those days, most airlines' seats should have been fully booked ahead of Easter celebrations. He said that so far, and even when Easter is just a week away, the airlines are still recording low patronage.

This is in addition to the upcoming 2022 Eid al-Fitr to be

cebrated and observed from 2nd May till 3rd May, 2022.

An official of one of the domestic airlines who spoke on the low patronage said, “although Easter is here but passengers coming to the airport have somehow dropped.

I cannot really say the actual cause but it looks as if people are probably now traveling by road. Or could it be because of the insecurity. I cannot really say. However, we hope it will improve in the coming days".

According to the airline worker, those travelling for Easter will likely pay more because of cost of fuel, forex and other cost of operations which has increased in recent times.

"Even now ticket fares have started going up. If you are lucky, you can get one way ticket for N50, 000. Sometimes, it is N60, 000 and even N80, 000 in some cases. I am very sure, it will be more than that during the Easter period", he said.

Already, airlines have started to devise means of surviving, particularly during the Easter period. For instance, Arik Air has introduced a sales promotion that will enable its Continues on page 12

Q1 2022: Equity Market Records 22.45bn Shares Turnover as Investors Gain N3trn

BY SAM DIALA

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total of 22.45 billion shares turnover was traded in the Nigerian Exchange (NGX) totaling N301.75 billion in the first quarter (Q1) of 2022, data from the nation’s bourse has shown.

The figures were gathered from 12 weekly reports published by the NGX during the period, showing the relevant statistics.

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The three months had four equal weekly reports, though March ended with the trading of April 1, to complete the week of March 25 .

A study of the reports showed that January recorded N158.29 billion from 7 billion shares turnover, Continues on page 12

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MORE INSIDE Momas Metering School Graduates 29 Students PAGE 29

Nigerian Breweries Creates ‘Share-for-Cash Dividend’ Against Profit Repatriation Challenge PAGE 29

Nigerian Coys Need Infrastructure Assurance To Rely Upon – Emefiele

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he Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that, for Nigerian companies to focus successfully on their competencies, they need to be assured of the infrastructure that they rely upon.

Although there is a large deficit in infrastructure, Emefiele opined that with resources from the private-sector, targeted Continues on page 29

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CAPITAL MARKET/AVIATION Q1 2022: Equity Market Records 22.45bn Shares Turnover as Investors Gain N3trn

Easter: Operators Woo Passengers as Domestic Airlines Record Low Booking

Continued from page 11

Continued from page 11

while 6.48 shares were traded in February yielding N92.55 billion for the market. For the month of March, 7.68 shares turnover created a value of N98.4 billion.

During the period, the Financial Services sector topped the activity charts followed by the Consumer Goods, the Conglomerates Industry and the ICT sectors.

Market capitalisation gained N3.012 trillion as the market closed positive with N24.322 trillion at the end of the quarter in the last week of March, as against N22.296 trillion at the first week of the month in January. Consequently, the All-Share Index (ASI) also recorded a positive market closure of 4,249 basis points reflecting a 10 percent jump; the quarter opened with an ASI of 42,716.44 to close 46,965.48.

A significant development in the market during the period is the impact of the telecommunications (telecoms) sector. The listing of two telecoms giants, Airtel Africa Plc and MTN Nigeria Communications Plc, altered the fortunes of the equity market. Though not directly in the same sector with ICT, it helped to uplift the market in the ICT-related activities. The ICT sector which had operated in what used to be the obscure dormant stock group over the years, has transformed into the active stock category, going by the Q1 report.

As already stated, data from the Q1 report revealed that ICT joined the league of bouncing sectors (like the Financial Services, the Conglomerates and the Consumer Groups) to drive the equity market into positive territory at the end of the period.

MTN Nigeria Communications Plc was listed on the Premium Board of the NGX by introduction 20.35 billion ordinary shares on May 16, 2019 at N90 per share. Following the successful listing, MTN Nigeria became the first Mobile Network Operator to be listed on the Nigerian Stock Exchange. Airtel Africa Plc was listed on July 10, 2019 with 3.758 ordinary shares at N363 per share.

The two telecom firms are performing outstandingly on the Exchange as MTN remains the largest company by revenue while Airtel shares slot with Nestle as the highest-prices stock on the nation’s bourse. Airtel share price as at Friday, April 8 was N1,260.40 while Nestle is N1,387.70 on the same day.

After 20 years of operation in Nigeria, the two leading telecom companies were given licence in principle to commence Payment Service Bank (PSB) operations, by the Central Bank of Nigeria.

The PSB licence empowers the operator to provide financial services through digital means to low-income earners and the unbanked – people that do not use banks or banking institutions for transactions According to the announcement, Airtel will operate PSB via its Smartcash Payment Service Bank Limited while MoMo Payment Service Bank Limited will be MTN’s PSB. The essence is to bring more people into the financial inclusion space and reduce Nigeria’s huge population of unbanked.

frequent flyer program, Affinity Wings, members to purchase miles for traveling across the airline’s domestic network.

Similarly Aero Contractors had come up with his own promo "Four For Five" to encourage families to travel this Easter season.

Less than one month to Easter, Green Africa had also introduced a special ‘One Month of Easter’ offer with starting fare of N25,500 across selected routes.

Meanwhile, airline operators have attributed the high cost of air tickets to increasing cost of Jet A1 otherwise known as aviation fuel.

Currently, cost of aviation fuel has hit an all-time high of N500. And considering that, the cost of fuel accounts for about 40 percent of the operational cost of most airlines, the colossal rise in the price of the product by over 300 percent within one year has equally increased the operational cost astronomically.

Consequently, some of the airlines have been left with no option than to start increasing fares gradually, from N50,000 to N70,000 and above.

Confirming that high cost of fuel price determines fare cost, aviation expert, Mr Hurbert Odika blamed the current scarcity of Jet A1 to the inability of the government to put the country's refineries in order.

Odika, a former Director of Operations, Nigerian Aviation Handing Company NACHO who traced the hike in air fares to the airlines running cost explained, that, the industry will never had witnessed the current economic predicament caused by shortage of aviation fuel in the industry assuming the refineries were working.

"We will refine here at cheaper labour cost, no ocean freight to bring back the finished product, no charges in foreign currency for refining the PMS or AGO to return them back to the country. Nigeria at the moment is cheating itself" He remarked that he was very optimistic that President Buhari who had worked as a Minister of Petroleum in 1979 and chairman of Petroleum Trust Fund (PTF) , would have taken it as top priority that refineries will be up and running.

On the fare hike, Odika said it was expected like every other business but remarked that the hike in Jet A1 sounded unrealistic to him from N200 to N625 per litre.

He stated that, if there was justification to the increase in

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The development was a huge success to the Financial Inclusion scheme of CBN. It could be recalled that Nigeria failed to meet its National Financial Inclusion Strategy target for 2020 to include 80 percent of its adult population into the financial system. This means that 36 percent of Nigerian adults, or 38.1 million of the country's 106 million (18 years and above) adults, remain completely financially excluded.

Segun Ogunsanya, CEO, Airtel Africa, said on the occasion of the firms listing, “I am very pleased that Smartcash has been granted an approval in principle to operate a service bank business in Nigeria. We will now work closely with the Central Bank to meet all its conditions to receive the operating licence and commence operations.

“The final operating licence will enable us to expand our digital financial products and reach the millions of Nigerians that do not have access to traditional financial services. I am looking forward to working closely with the Government, the Central Bank and traditional financial institutions to expand financial inclusion and meet the evolving needs of our customers and the economy.

Uto Ukpanah, company secretary at MTN Nigeria, said MTN Nigeria was optimistic that it would eventually get the PSB licence.

“This is the first step in a long process that would lead to eventual approval. In other words, MTN Nigeria would be required to fulfil a number of conditions, even as ‘the decision to issue a final approval is firmly within the regulatory purview of the CBN’,” the statement reads.

“MTN Nigeria expressed optimism that it would eventually get the PSB license, and reaffirmed its commitment to the financial inclusion agenda of the CBN in Nigeria.”

There have been clamour from the financial services sector and the media for the two telecos to be licensed for PSB operations. The CBN granted licences to Moneymaster PSB, a subsidiary of Glo and 9PSB, a subsidiary of 9mobile in 2020. The clamour heightened with the unveiling of the Central Bank Digital Currency, eNaira) by President Muhammadu Buhari on October 25, 2021.

A stock market analyst, Shedrack Benson, said the coming of the telecoms sector to the Nigerian equity market is a huge game changer that will benefit Nigeria, the investors and Africa as a whole.

“The presence of the telecoms firms in the Nigerian stock market is a huge game changer that will benefit the country, the investors and Africa as a whole. With the PSB licence approved for them, it is obvious that the capital market will grow stronger. I can tell you, their presence helped to keep the market on the gaining side as the economy recovers from the effects of COVID-19 which disrupted the economies of the world and created the worst health challenge for mankind, Benson said.

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Although the recovery in air travel is gathering steam as the Federal Government lifted travel restrictions, local airline operators may not find it easy in the passengers market this season due to low patronage

fare, the airlines were at will to do so but not to make it a blanket increase across the nation "You don't charge the same fare for a flight to Benin that is 35 minutes as some body going to Yola or Kano, that is over one hour. That is not realistic".

In the same vein, energy expert, Monica Maduekwe called on the Federal Government to put measures in place to insulate her citizens from external shocks from the international oil market, bearing in mind that Nigeria’s performance on energy security is low despite being energy rich.

Maduekwe, who is the cofounder of PUTTRU, a digital platform, which connects energy companies in Africa to global financiers, said this is necessary because the economic losses from high oil prices greatly outweighs the gains the country makes in terms of revenues.

According to her, “without being able to insulate her economy from the volatility of international energy prices, oil prices will continue to be both positive and negative for Nigeria. And, due to the high inflation issues which increased fuel prices lead to in Nigeria, we cannot call this a good thing for the average Nigerian. The only good here is that this spike in oil prices as a result of this crisis is seen as short term, especially as there are clear ways of remedying this issue at the global level.

She recalled that as at 10th of March, OPEC reported an oil price of $117.23, falling from $128.46 on 8th of March 2022.

Moreover, at the 26th OPEC and non-OPEC Ministerial Meeting, held on 2nd of March 2022, the body reiterated the decision to limit production, until 30th of April 2022, when this position will be up for revision.

While pump price increase has virtually affected the globe, she said the impact on countries, have been different.

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BUSINESS NEWS Nigerian Breweries Creates ‘Share-for-Cash Dividend’ Against Profit Repatriation Challenge

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L-R: Managing Director, Topline Limited, Chinedu Maduakoh; Managing Director, Oildata Energy Group, Emeka Ene; Managing Director, Nigerian Gas Company, Oluwaseyi Omotowa; Group General Manager, LNG Investments Management Services (LIMS), Nike Kolawale; Managing Director, Greenville LNG, Ritu Sahajwalla; Chief Strategy Officer Axxela Limited, Olufisayo Duduyemi, and Group Managing Director, Alphaden Gas Limited, Paschal Anyanwu during the inaugural Domestic Gas Summit organized by the Abuja Chamber of Commerce and Industry (ACCI) in Abuja on April 6, 2021.

Momas Metering School Graduates 29 Students

BY ANTHONY AWUNOR

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wenty nine young Nigerians on Friday graduated from the Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), Metering School in Mowe, Ogun State.

The students were trained on meter manufacturing, installation and maintenance as well as energy auditing for a period of two weeks at the institution.

Twelve female graduands were sponsored by Keystone Bank under its Keystone Bank Women Economic Empowerment Committee (KWEEC).

Speaking at the graduation ceremony, the Chairman, Momas Electrical Meters Manufacturing Company Ltd. (MEMMCOL) Metering School, Mr Kola Balogun, said that opportunities in the power sector were endless for young Nigerians and could help address unemployment in the country.

He said, "The opportunities in the power sector are limitless. Meter installation is just one aspect and you know we have a huge metering gap in the country.

"We have a responsibility to address the unemployment situation in the country today and one of the ways we are doing that is to subsidise our training and partner with other organisations to give opportunities to Nigerians.

"We commend Keystone Bank for sponsoring some of the graduands and we are appealing to other corporate organisations as well as state and local governments to also key into this initiative to positively engage our women and youths."

Balogun also said that stakeholders in the power sector were working on developing a framework for meter auditors and inspectors to handle tariff dispute between customers and electricity distribution companies.

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He advised the graduands to adhere to the ethics of the industry by not conniving with customers to engage in meter bypass and energy theft which were inimical to the growth of the power sector.

Also, the Chairperson, KWEEC, Mrs Helen Maiyegun, said the committee was set up in line with the directive of the Central Bank of Nigeria (CBN) for commercial banks to support empowerment of women in Nigeria.

Maiyegun said the beneficiaries were selected from Lagos, Kwara and Nasarawa States, adding that the training was aimed at giving them opportunities to thrive in the power sector.

She noted that the metering gap in the country presented a huge opportunity for them, especially as the phase one of the National Mass Metering Programme would soon commence.

She added, "The training for us (Keystone Bank) is critical because there are limitless opportunities here.

We have been training women on skills acquisition such as catering, bead making, fashion design among others but this time we decided to think outside the box and see how we can bring more women into the energy sector.

"When you empower a woman, you are empowering the nation and we will continue to monitor the graduands to ensure they meet their goals and aspirations."

Maiyegun charged them to be good ambassadors of Keystone Bank and Momas Metering School and utilise the training to better their lives and contribute to national development.

On his part, Mr Ademola Olorunfemi, Chairman, Academic Board, Momas Metering School, said the intensive training had equipped the graduands to add value to Nigeria and its economy.

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Nigerian Coys Need Infrastructure Assurance to Rely Upon – Emefiele Continued from page 11

incentives from the public sector and the drive of individual citizens, Nigeria will be ready, willing and able to deliver the infrastructure that will be the foundation of our development.

The CBN Governor gave the assurance in an address on the occasion of the InfraCorp Term Sheet Signing with Independent Asset Managers on Friday.

He pointed out that the agreement between private sector operators joining together to support the Federal Government provides a practical template to solve many of the complex socio-economic problems that our Nation faces.

"From public health, climate change and the energy transition, to infrastructure and beyond, the Public Sector cannot resolve these issues by itself. The Private Sector, correctly incentivized, can deploy the critical resources and capacity to deliver successfully," he said.

Since July, 2020 that the President gave his approval for InfraCorp Concept, Emefiele said the promoters – the Bank, the Africa Finance Corporation and the Nigerian Sovereign Investment Authority have worked assiduously with the Transaction Adviser – KPMG, and the Legal Advisers – Kenna Partners, Olaniwun Ajayi, and Ukiri and Lijadu to deliver InfraCorp as a catalyst to accelerate public-private solutions for Infrastructure.

"For Infrastructure projects originated by the public sector, InfraCorp’s goal is to shape projects for private sector financing and management. For projects originated by the private sector, InfraCorp will help shape government policy to support and sustain private sector investment".

"Today, marks a major milestone as InfraCorp and the Infrastructure Asset Managers – the AAA Consortium, Chapel Hill Denham, Africa Infrastructure Investment Managers here in Nigeria, and Sanlam Infraworks – have concluded the initial discussions on how they will operate together to deliver infrastructure to the Nation", Emefiele added.

igerian Breweries Plc has created a share-for-cash dividend scheme aimed to enable investors to reinvest in the company and buy new shares with their dividends, amid prevailing dollar shortage in Nigeria’s foreign exchange market.

This was disclosed at the company’s preAGM briefing held in Lagos Thursday.

The foremost brewer has also recommended a total dividend of N12.9 billion, culminating in N1.60 per share due to every shareholder of the company for the 2021 financial year. This comprises the 40 kobo interim dividend already paid to shareholders and the 120 kobo final dividend proposed by the Board.

The company said that under the share-forcash arrangement, both local and foreign investors would have the opportunity to either receive cash or buy new shares with their dividends, while those that opt for the new shares are expected to complete a share-for-cash dividend election scheme form before April 12, 2022.

The Company Secretary/Legal Director, Uaboi Agbebaku, disclosed that this is the third year the company would operate the share-for-cash arrangement and that it has witnessed remarkable improvement.

He added that people are beginning to appreciate the benefit of the arrangement, “and so we expect that this year, there would be a higher uptake in terms of the number of investors that will opt for the scheme.”

Earlier, the Chief Executive Officer, Hans Essaadi decried the high cost of living and increased price in cost of fuel, particularly diesel which is currently slowing the growth of the fast-moving consumer goods (FMCG) sector.

However, he assured that Nigerian Breweries was poised to maintain its leadership position in the industry, despite the prevailing foreign exchange (FX) challenges and the Russia-Ukraine crisis, which has resulted in a steep rise in the price of crude oil and grains, noting that the company had also remained dynamic and resilient in the past 75 years amid various challenges.

“The deteriorating forex situation has led to foreign suppliers running out of patience with their Nigerian partners, mostly manufacturers who are finding it difficult to settle their rising foreign payables.

“Our outstanding foreign payables rose by 76 per cent in 2021 and due to lack of FX, the task of procuring input materials has been arduous and this hampered the completion of our capacity extension plan.

“With the re-introduction of excise duty on non-alcoholic beverages and increase in excise duty rate for alcoholic beverages, these additional costs will lead to an increase in the price of the finished product.

“Volatility in the brewery sector is expected but we feel confident in our ability to grow and we have our pricing strategy as well as the cost and value agenda to maintain leadership in the market as well as sustain shareholders’ value and meet consumer demands in 2022”, Essaadi said.

Also speaking, the company’s Supply Chain Director, Martin Kochl, said while the company recognises the importance of sustainable local sourcing of its agricultural raw materials and commercialisation of local raw materials, it is making conscious efforts to partner with local and international research institutes to improve the performance and adaptability of registered sorghum varieties

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FEATURE Biometric System Rendering Nigerians Vulnerable to Cybercrime TUNDE OMOLEHIN writes on the perpetual electronic banking fraud (e-fraud) experienced by Nigerians as a result of the mandatory biometric data collection system started by the Federal Government since the introduction of its cashless banking system in 2015

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ometime in December 2021, an unidentified middle-aged man surfaced on social media threatening to kill himself at a branch of the United Bank for Africa (UBA) in Iju, Lagos State. The man alleged that the bank transferred his money to hackers who compromised his account.

It was gathered that the man had earlier reported an unfamiliar debit transaction of N450, 000 on his account to the bank, after which he asked to get a court order to prove that he had no business with the recipient who apparently happened to be a hacker.

“He came to the bank and complained at the Customers’ desk how his Bank Verification Number (BVN) was compromised by unknown person, but he was asked to get a court order only to be informed upon his return that the transaction had been facilitated in favour of the supposed hacker.

“Incidents like this are frequent in the banking hall, but most victims prefer to be silent about it and bear the loss.

The fact is that the bank will never bear the responsibility of any account detail that was compromised by an outsider.

THEWILL further gathered that the bank neither refunded the stolen money to the man nor compensated him for losing it in such a way. But another victim of cyber fraud, Mrs Lillian Okon, was lucky to get a refund of N191, 000, after hackers succeeded in swapping it from her bank account.

“Honestly, I didn’t believe that the money would come back to me. I thank God for the EFCC, which is the hope of common people like me,” she said.

In January 2021, Okon had received a call from an unknown person who claimed to be a staff of the bank where her account was domiciled.

“It heard a man’s voice request my bank account detail.

He said the Federal Government wanted to credit my account with a COVID-19 loan I once applied for.

“After I gave him my personal details, I started receiving some debit alerts that showed that I personally authorised some transactions from my account,” she recounted.

The suspects were later apprehended by the Police in Osogbo, Osun State, following a report by a Point of Sale Operator who grew suspicious of their activities.

They were subsequently handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation.

Until the incident, Okon said, she had no prior knowledge that a third-party could gain access to her account details without submitting her ATM code and Bank Identification (BVN). "I actually gave the caller my birth date, full name and few data about myself but not that of my bank or secret codes. This has been happening for some time now in the country. I don't trust bank workers at all because they could also be involved in this fraudulent act. In most cases, bank officials are complicity in giving out their customers’ details to fraudsters,” she told THEWILL.

FRAUD INDEX RISES According to a report from Consumer Awareness and Financial Enlightenment Initiative, a non-profit organisation, Nigeria is ranked among the top countries that are prone to all forms of cybercrimes.

The report, which was released in 2019, projected that a total sum of $6 trillion will be lost by 2030 to cybercrime within and outside Nigeria.

The CAFEI also indicated that in 2018, commercial banks in Nigeria lost a cumulative N15 billion ($39 million) to electronic fraud and cybercrime. This was a 537 per cent increase on the N2.37 billion loss recorded in 2017. Over 17, 600 bank customers and depositors lost N1.9 billion to cyber fraud in 2018, with fraud rising by 55 per cent from the previous year.

Similar losses were also revealed by PwC’s Global Economic Crime and Fraud Survey 2020, which showed that the total cost of cybercrimes in Nigeria was worth about $42 billion. Aside from that, investigative data from the EFCC in Lagos State for the second quarter of 2021 indicated that Lekki District was the preferred location for all manner of cyber fraud syndicates.

According to the report, “between April and June 2021, the Advance Fee Fraud and Cyber Crime Sections of the command recorded a total of 402 internet-related fraud arrests.

UNSECURED DATA A financial expert, Dare Omoluabi, told THEWILL that the mass e-registration of citizens, using biometric data collection systems via facial photographs, fingerprints and the issuance of a unique identification number, is believed to have encouraged fraud-related crimes and cybercriminals to prey on bank customers, using the latter’s bank details.

“If you have been following data on fraud-related cases you will agree with me that all can be traced to individual’s biometric data flipping into the hands of these cyber criminals and fraudsters.

In the last few years, both data theft and cyber-crimes have become so widespread that the arrest and prosecution of the suspects have become a major preoccupation of the EFCC.

“The moment they can lay hold on such data like your National Identification Number (NIN) or Bank Verification Number (BVN), then rest assured that everything about you can be manipulated,” Omoluabi said.

Such criminals are known locally as ‘Yahoo-boys.’ They operate in groups specialised in defrauding fellow Nigerians and foreigners through various online tricks.

He expressed concern over the issue of requesting for the Bank Verification Number (BVN) of applicants as a prerequisite for NIN registration.

In April 2021, the Central Bank of Nigeria issued a fraud alert about the activities of cyber-criminals who had taken advantage of the COVID-19 pandemic to defraud other citizens, steal sensitive information or gain unauthorised access to computers or mobile devices, using different techniques.

THEWILL recalls that since the introduction of the cashless policy via National Identification Numbers in 2015 and the subsequent mandatory use of Bank Verification Numbers for online transaction, there has been a rise in cases of fraud in the finance sector in Nigeria.

PAGE 30

The Federal Government had mandated the National Identification Management Commission (NIMC), through the NIMC Act No. 23 of 2007, to establish, own, operate, maintain and manage the National Identity Database in Nigeria.

The commission is also charged with registering persons covered by the act, assigning a unique NIN and issuing General Multi-Purpose Cards (GMPC) to those who are citizens of Nigeria, as well as others legally residing in the country.

But Joshua Olufemi, Founder and Executive Director of Dataphyte, a leading data and research news outfit in Nigeria, believes there is evidence that large volumes of personal data, "including biometric information stored on multiple centralised databases, have been frequently compromised."

He noted that such action is increasing citizens' exposure to privacy intrusions, targeted advertisements, identity fraud and blackmail.

“Obtainng a NIN from the NIMC offices across the country is not something you would do without getting yourself prepared for it,” said Mr Segun, during an interview with some NIN applicants in Sokoto State.

The 35-year-old, who appears frustrated was among others on a long queue at NIMC official along Gusua Road, Sokoto, added: "You have to commit your time, money and energy. In the end, you may not get it at ease. This is about the fourth time I am doing SIM reregistration and verification within the same year. They keep calling me to say the registration wasn’t successful or something else.

“Yet, fraudsters are still committing different crimes, using SIM without hiding the lines. When you report such criminal acts, it is still difficult for the security agencies to fish-out the fraudsters.” He lamented.

UNEASE, COMPROMISE THEWILL investigation reveals that there are different prices for “capturing” alone, and “capturing with printout.” While getting a slip of Identify card is not without a fee illegally attached to it by NIMC officials in most biometric collection in some locations visited by THEWILL. Most applicants seeking to obtain NIN alleged that the sale of registration forms at unofficial fees was a daily affair among officials, who use security guards as ‘middle men’ or ‘agents’ to avoid being caught in the act.

"To process the forms, they collect between N5, 500 and N6, 000 from us,” an applicant, who spoke on the condition of anonymity, said.

One of the ‘agents’, who approached this reporter to ask him if he was interested, explained that the fee charged •Continues online at www.thewillnigeria.com THEWILLNIGERIA

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SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com RETURNS ON UTILIZATION OF FUNDS PURCHASED FROM THE CBN AS AT FRIDAY, APRIL 08, 2022 SN

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110

CUSTOMER

ABAYOMI OLAWALE SHOTOMIWA ABDULLATEEF TUNDE ABDULSALAM ABDULRAHEEM ADEKOYEJO OYEKAN ABDULWAHAB TUNDE ABDULRAZAK ABIGAIL MERCY ANWUTA ABIMBOLA OYESANYA ABIMBOLA SAHEED MOYOSADE ABIODUN JOSEPH OBAKPOLOR ABISOLA MONSURAT ADESHINA ABUBAKAR MOHAMMED JIBIA ADAOBI MIRIAN EGWURUBE ADAUGO URENNA NWALEMA ADEBISI KUBURAT ALABI ADEBOWALE JOSEPH ADEBOWALE ADEDEJI FOLARIN FADEYI ADEDOYIN SHOLA AREMU ADEKUNLE RABIU ADENIKE RUTH OPATADE ADEOLA DEBORAH ONONAIYE ADEOLA SUNDAY ADEBESIN ADERINSOLA PHILEMON JOSEPH ADETOMI JULIET OFFOR ADETOUN ALAWIYE ADEYINKA BASHIR ADEBAYO ADEYOMOLA ADEBAYO AFAMEFUNA MILLAINE ANIGBO AHMAD ALIYU AHMED K. ADEYEMI AISHA AYOKA AZEEZ AJALI IREM AJAYI AJIBOLA OLABODE AKEEM KOLAWOLE SANUSI ALEXANDRIA IJEOMA NZOKA ALIYU ATIKU AMECHI ANTHONY ADIBI ANDY IWEBELUA ANDY SIMON CHAGWA ANN OGHOGHO ELIJAH ANNE IDOWU ALIGBE ANTHONY P AKADI ANTHONYMARY EBENYI OGENE ASHEM EMMANUEL EGILA AUGUSTINE OMEJEVWE ELOKE AYENI NONYE PATRICIA AYOBAMI SAMUEL OLUBIYI AYOTOMIWA E AROBIEKE AZUKA NANCY ONYIA BABAGANA ALI ALKALI BABATUNDE ADEWALE BALOGUN BABATUNDE OLAWUMI OJO BAYO VINCENT ORILABAWAYE BIMBOLA ADEPEJU AMAO BLESSING NGOZI EBADE BOLAJI ADETUNJI AJAYI BOLANLE RASHIDA AKANNI BUSAYO TAIWO ODUNNIGA Bank Charges & Comm-Foreign Bank Charges & Comm-Foreign CHAMBERLAIN OKEZIE CHARLES N OHAMOBI CHIBUEZE NATHAN ANEKEH CHIDINMA JENNIFER OKPERHIE CHINAEMEREM PIUS NNADI CHINELO LINDA OKAFOR CHINWE NWAMAKA AMOBI CHINWE ROSELINE EME CHINWENDU ANGELA NNAKWE CHIZOBA BENIGNUS IBEBUOGU CHUKS PC AMUSHIE CHUKWUEMEKA EMMANUEL ABARIKWU CHUKWUKA OFODUM CHUKWUKA FRANKLIN EHINZE CHUKWUMA DAVID UMAHI CLEMENT SIMINIALAYI STEWART CORNELIUS FEMI UKAH DANIEL ENERUVIE DANIEL CHINOSIRI NWAIGWE DANIEL OSEIGBOKAN AKHIDENOR DARE MATHEW OGUNRINDE DAVID OGECHUKWU EMEREM DORCAS O. SINA-OLULANA DR. FRANCIS A UGOJI DUPE CHRISTIANA ADEJUYIGBE EBENEZER TOLULOPE FAJUYI EBERECHUKWU IWUAFOR EBERECHUKWU IWUAFOR EBUBECHUKWU OSINACHI NWARUNMA EBUKA EGBUNIWE EDAFE EJOH EDAFE F. ODUEME EDAFE F. ODUEME EDEGHOGHON ROSEMARY AGBEBAKU EJIKE ANIOZOUGWU EJIRO AMOS AMAGIYA ELIAS IDOKO ELIZABETH ABODIAH JOHN EMEKA FELIX OKAFOR EMMANUEL ANYANWU EMMANUEL EZENWA CHINKATA EMMANUEL ONYEDIKACHI UMAZI EMMANUEL UDO DAN, ENEJOH TIMOTHY OMEJEH ENEZE BOSE YUSUF ENGR. STANLEY E IKPOTOR ENIOLA RACHEAL ADEBAYO ENOHUNWAN AUSTIN OMOKARO ESSIEN UWANA ESTHER CHIDINMA NWACHUKWU ESTHER CHIDINMA NWACHUKWU ETHEL AKPOMUDIARE OIKPO

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ITEM OF IMPORT

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

SN

SCHOOL FEES 04/04/2022 419.00 2,020.00 111 UPKEEP 04/04/2022 419.00 5,292.00 112 accomodation / living expense 04/04/2022 419.00 9,194.85 113 TUITION FEES IFO ABDULWAHAB TUNDE ABDULRAZAK 04/04/2022 419.00 13,717.69 114 POST GRADUATE 04/04/2022 419.00 3,969.00 115 PAYMENT FOR TUITION FEE 04/04/2022 419.00 5,292.00 116 tuition fee 04/04/2022 419.00 12,171.60 117 SCHOOL FEES 04/04/2022 419.00 0.01 118 PART TUITION FOR ABISOLA MONSURAT ADESHINA 04/04/2022 419.00 3,307.50 119 FORM A - AA202200057146923 IRO MAINTENANCE/UPKEEP 04/04/2022 FOR ABBA ABUBAKAR 419.00 7,938.00 120 SCHOOL FEES 04/04/2022 419.00 1,137.78 121 EDUCATION 04/04/2022 419.00 6,568.80 122 TUITION 04/04/2022 419.00 1,371.95 123 living expense 04/04/2022 419.00 4,762.80 124 EDUCATION 04/04/2022 419.00 3,000.00 125 upkeep 04/04/2022 419.00 3,969.00 126 MAINTENANCE&UPKEEP IFO BABATUNDE M. ADEBOWALE-SALAKO 04/04/2022STUDENT 419.00ID:11959568 5,292.00 127 school fees 04/04/2022 419.00 1,560.70 128 TUITION 04/04/2022 419.00 3,969.00 129 school fees 04/04/2022 419.00 6,019.65 130 EDUCATION 04/04/2022 419.00 7,938.00 131 SCHOOL FEES 04/04/2022 419.00 3,969.00 132 SCHOOL FEES 04/04/2022 419.00 10,012.00 133 TUITION FEE 04/04/2022 419.00 4,160.84 134 SCH IFO AGBOKEYE OREOLUWA SUSAN 04/04/2022 419.00 2,646.00 135 TUITION FEE 04/04/2022 419.00 5,093.55 136 TUITION FEE 04/04/2022 419.00 3,246.00 137 tuition 04/04/2022 419.00 5,000.00 138 school fees 04/04/2022 419.00 2,921.18 139 TUITION FEES 04/04/2022 419.00 5,519.56 140 MAINTENANCE/UPKEEP 04/04/2022 419.00 5,292.00 141 UPKEEP 04/04/2022 419.00 4,762.80 142 SCHOOL FEES DEPOSIT IFO NZOKA ALEXANDRIA IJEOMA 04/04/2022 419.00 2,646.00 143 SCHOOL FEES 04/04/2022 419.00 901.00 144 DEPOSIT TOWARDS SCHOOL FEES 04/04/2022 419.00 4,769.39 145 UPDATE /MAINTENANCE 04/04/2022 419.00 1,587.60 146 TUITION FEES FOR SECOND SEMESTER SAMBI ANA CHAGWA 04/04/2022 419.00 2,003.40 147 UPKEEP IFO SAMSON IYANU OLOJAKPOKE 04/04/2022 419.00 3,400.11 148 TUITION FEES FOR IDOWU ANNE ALIGBE (202223438) 04/04/2022 419.00 6,615.00 149 payment of Undergraduate fees ifo mandy Anthony Akadi04/04/2022 to Great Lakes419.00 Education. 13,549.20 150 tuition 04/04/2022 419.00 8,035.80 151 upkeep 04/04/2022 419.00 3,969.00 152 Part payment for fees for March and April 04/04/2022 419.00 1,984.50 153 EDUCATION 04/04/2022 419.00 3,958.00 154 SCHOOL FEES 04/04/2022 419.00 2,646.00 155 TUITION 04/04/2022 419.00 7,938.00 156 SCHOOL FEES 04/04/2022 419.00 10,346.00 157 TUITION ( 6,044.77 GBP) AND LIVING EXPENSE (4,655.23 GBP) 04/04/2022 419.00 14,156.10 158 deposit for school fees/ adewale babatunde balogun/21056368 04/04/2022 419.00 6,615.00 159 school fees 04/04/2022 419.00 2,049.00 160 STUDENT UPKEEP 04/04/2022 419.00 5,490.45 161 maintenance/upkeep 04/04/2022 419.00 3,042.90 162 SCHOOL FEES 04/04/2022 419.00 4,569.00 163 PART PAYMENT OF TUITION FEE- AJAYI BOLAJI 04/04/2022 419.00 926.10 164 SCHOO; FEES FOR BOLANLE RASHIDA AKANNI 04/04/2022 419.00 3,969.00 165 TUITION FOR ODUNNIGA BUSAYO TAIWO 04/04/2022 419.00 3,969.00 166 EDUCATION 04/04/2022 419.00 7.99 167 EDUCATION 04/04/2022 419.00 64.81 168 EDUCATION 04/04/2022 419.00 1,001.58 169 TUITION PAYMENT FOR CHARLES CHINAZA OHAMOBI 04/04/2022 419.00 13,118.84 170 TUITION FOR ANEKEH HATHAN CHIDUEZE 04/04/2022 419.00 3,969.00 171 upkeep 04/04/2022 419.00 4,670.19 172 TUITION IFO UCHENNA GODSON NNADI 04/04/2022 419.00 5,292.00 173 TUITION FEES 04/04/2022 419.00 1,562.79 174 living expense 04/04/2022 419.00 4,630.50 175 tution fee for winter 2022 session on behalf of chinemerem 04/04/2022 eme 419.00 10,360.96 176 Tuition Fees 04/04/2022 419.00 10,584.00 177 Payment of spring September 2022-2023 04/04/2022 419.00 2,260.00 178 SCHOOL FEES FOR 2021/2022 04/04/2022 419.00 8,169.53 179 UPKEEP 04/04/2022 419.00 5,953.50 180 TUITION 04/04/2022 419.00 7,878.47 181 TUITION FEE IFO MARVELOUS OKOSUN (143917) 04/04/2022 419.00 8,731.80 182 PAYMENT FOR SCHOOL FEES 04/04/2022 419.00 7,094.59 183 school fees 04/04/2022 419.00 1,984.50 184 MAINTENANCE AND UPKEEP IFO THERESA TOLULOPE UKAH 04/04/2022 419.00 10,319.40 185 SCHOOL FEES 04/04/2022 419.00 2,381.40 186 TUTION FEE IFO NWAIGWE DANIEL CHINOSIRI 04/04/2022 419.00 4,227.14 187 POSTRGRADUATE STUDIES 04/04/2022 419.00 2,249.10 188 TUITION FEE FOR DERE 04/04/2022 419.00 6,615.00 189 UPKEEP FOR DAVID EMEREM 04/04/2022 419.00 2,646.00 190 UPKEEP 04/04/2022 419.00 15,000.00 191 POSTGRADUATE STUDIES 04/04/2022 419.00 15,000.00 192 SCHOOL FEES 04/04/2022 419.00 2,400.00 193 upkeep 04/04/2022 419.00 8,599.50 194 TIUOITION FEE FOR EBE 04/04/2022 419.00 3,969.00 195 TUITION FEE FOR EBE 04/04/2022 419.00 1,786.05 196 UPKEEP IFO EBUBECHUKWU NWARUNMA 04/04/2022 419.00 5,292.00 197 TUTION FEES FOR EBUKA EGBUNIWE 04/04/2022 419.00 2,646.00 198 PART FEE IFO OF KEVWE ESTHER EJOH 04/04/2022 419.00 2,226.00 199 TUITION FEES IFO JOAN ELOZINO ODUEME. STUDENT IF: 100587878 04/04/2022 419.00 3,572.10 200 TUITION FEES FOR EMAMODE PIUS ODUEME 04/04/2022 419.00 3,677.94 201 tuition 04/04/2022 419.00 8,136.45 202 TUITION FEE IFO ANIOZOUGWU SAMSON EJIKE 04/04/2022 419.00 5,953.50 203 SCHOOL FEES PAYMENT FOR EJIRO AMOS AMAGIYA 04/04/2022 419.00 1,587.60 204 TUITION FEES IFO EMMANUEL IDOKO 04/04/2022 419.00 2,646.00 205 BEING FORM A AA202200057143155 IFO EDUCATIONAL FEES 04/04/2022 FOR ELIZABETH 419.00 ABODIAH5,292.00 JOHN(ID NO.2161004) 206 SCHOOL FEES PAYMENT FOR CALEB OKAFOR 04/04/2022 419.00 7,021.37 207 TUITION FEE FOR EMMANUEL BATYA CHINWENDU 04/04/2022 419.00 890.40 208 UPKEEP AND ACCOMODATION 04/04/2022 419.00 12,211.29 209 SCHOOL FEES PAYMENT 04/04/2022 419.00 6,615.00 210 MAINTENANCE AND UPKEEP IFO EMMANUEL DAN 04/04/2022 419.00 10,584.00 211 TUITION FEE FOR ENE 04/04/2022 419.00 3,704.40 212 TUITION FEES 04/04/2022 419.00 6,549.57 213 TUITEE FEE IFO IKPOTOR JOY UGEORITSETE 04/04/2022 419.00 2,910.60 214 school fees 04/04/2022 419.00 965.79 215 UPKEEP 04/04/2022 419.00 7,276.50 216 tuition fee 04/04/2022 419.00 12,600.00 217 TUITION FOR CHIDINMA ESTHER NWACHUKWU 04/04/2022 419.00 2,249.10 218 TUITION FEES FOR NWACHUKWU CHIDINMA ESTHER(REFERENCE: 04/04/2022 @00601878) 419.00 2,249.10 219 PAYMENT OF SCHOOL FEES 04/04/2022 419.00 8,160.00 220

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CUSTOMER

EUGENIA NGOZI IWEGBU FAITH ABABUWE EMMANUEL FATIMAH AZUMI ABUBAKAR FEHINTOLA FLORENCE MOLOKWU FELIX OGBEN FELIX OGBEN FESTUS OLUWASEUN AKOSILE FIDELIS OBOWAIYE ETHE FLORENCE A. OSSAI FOLASADE YETUNDE JULIUS FOLASHADE ABOSEDE AMOLE FRANCIS O EDOSA FRANCIS UCHE OKAFOR FRANCIS UMEH FRANK ODION AKHETUAMHEN GBENGA MOSES OLADUNJOYE GODWIN UHUNOMA ORIAKHI GOODLUCK BENJAMIN AJANUOBE HAIDAR ALIYU HARRIET AYODEJI OWIE HELEN J OWEN HENRIETTA MOTUNRAYO TELUWO-OWIE HENRY ONUGHA HIKIMOT ADERINSOLA HOSEA CHUWANG KWA IDAYAT TEMITOPE LATEEF IFY GENE IFEANYI-UKAEGBU IJEOMA EBIGBO & CO IKECHUKWU SAMUEL EMORDI IMUETINYANOSA BENJAMIN IHAZA INALEGWU OGEJUMA INEGBENOISE OSUNBOR INEGBENOISE OSUNBOR INYANG HENSHAW OKON IRENE FRED ERHABOR ISRAEL AKINLOLU OROSUNLEGAN ITUNU IBUKUN OGUNSANWO IZUCHUKWU ALEXANDER IBE JAMES ONATESEJOR UTHUNU JAMIU ADETAYO AKINWUNMI JENNIFER ANURIKA IKEOKWU JOHN OLUWATOYIN OLORUNTOBI JOHNSON ADELANI OKANLAWON JOSEPH BABAJIDE ADEBANJO-PAUL JOSEPHINE NWANNEDINOBI OKWUCHUKWU JOY TESTIMONY GILBERT-BOMA JUDE OSAYAWERE OTABOR JUDITH AKUNNA CHUKWUDIKE JULIANA ABIA ROBERTS UMOETTE JUSTINE CHIFURUMNANYA EDOGA KELVIN OVIASOGIE ODIASE KENNEDY GAGA EMEFIENA KENNETH OBI KENNETH CHIBUIKE UDEOZOR KENNETH EMEKA ANIDEBE KEZIAH IFEOMA ONYIA KINGSLEY AKPOLO KINGSLEY U. OKEREKE KOLAWALE SUNDAY SHODIYAN KOLAWOLE OLAOYE LATEEF AKINSOLA AMODU LINDA CHINELO OHANU LINDA JANE NWAGBOGUN MARCUS OKEOGHENE AKOREFE MARIA OLUWATOSIN AJIBOLA MARVELOUS CHIKWADO EMMANUEL MAURICE AKOSA ONONYE MAXWELL DOMINIC UNUAFE MAYOWA OBAJOBI MAYOWA OBAJOBI MERCY E ONYILOFOR MESHACK EFETOBORE AKPOLOLOHOR MICHAEL & MARTHA NNAMDI MICHAEL CHUKWUDI AHANONU MICHAEL I IGBANUGO MICHAEL O DADA MICHAEL OSEMUDIAMEN ODINE MODINAT YUSUF-SALAUDEEN MORAKINYO PETER DADA MORUFAT OMOLADE LAWAL MOSES REX MOSUNMOLA DEBORAH OTEPOLA MOWANINUOLA SILIFAT ADELAJA MOYOSORE OMOTAYO DAVIES MR. ADEKUNLE TEMITAYO OLADUNMO MUHAMMED FUNMILAYO MURTALA M DABO NDUKA OZOR NELSON UYI NELSON CHUKWUNONSO OGUERI NGOZI REGINA ESENWA NGOZI & EMMANUEL LEWECHI UZO NICHOLAS ORIFA NIHINLOLA ADEYEMI NKECHI BLESSING UGBOAJA NKONYE GLORIA LOSA NNAEMEKA ASIKA NNAMDI ONYEDIKACHUKWU EZEOKA NNANNA JEREMIAH NJEMANZE NNEKA A. OKONKOH NNENNA OGELE NONSO IKPELUE NSE JOSEPH EDEM OBINNA ANSELEM OGOKO OBIOMA JAMES NZEREM OCHUKO EJOHWOMU OGECHI GLADYS DURU OGECHI PRECIOUS UCHECHUKWU-NWOSU OGECHI PRECIOUS UCHECHUKWU-NWOSU OGHENEKEVWE UGBOGURE

ITEM OF IMPORT

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

MAINTENANCE/UPKEEP 04/04/2022 419.00 5,292.00 SCHOOL FEES 04/04/2022 419.00 5,292.00 MAINTENANCE&UPKEEP IFO RAMON ADEBISI ALAO STUDENT 04/04/2022 ID:20146455 419.00 3,969.00 TUITION FEES FOR DEBORAH CHIDI CHUKWUEMEKA 04/04/2022 419.00 1,984.50 SPRING TUITION FEES 04/04/2022 419.00 1,157.52 PART PAYMENT FOR TUITION 04/04/2022 419.00 978.00 MAINTENANCE & UPKEEP FOR AKOSILE OMOLOLA DOLAPO 04/04/2022 419.00 2,778.30 TUITION 04/04/2022 419.00 9,240.00 LIVING EXPENSES 04/04/2022 419.00 12,000.00 tuition fee 04/04/2022 419.00 1,058.40 UPKEEP ALLOWANCE 04/04/2022 419.00 11,222.00 BEING FORM A AA202200057143203 B/O FRANCIS OGBEJELE 04/04/2022 EDOSA IFO 419.00 EDUCATIONAL 264.60 FEES FOR IKPONMWOSA EDOSA( upkeep / maintenance 04/04/2022 419.00 6,615.00 UPKEEP FOR THE QUARTER 04/04/2022 419.00 4,060.29 TUITION FEES PAYMENT FOR ALIYU OSENI 04/04/2022 419.00 9,261.00 TUITION FEE 04/04/2022 419.00 13,619.76 FIRST SEMESTER TUITION FEE IFO FLORA OGHOMWEN ORIAKHI 04/04/2022 (STUDENT 419.00 ID- 8818696)6,471.00 PART PAYMENT OF SCHOOL FEES 04/04/2022 419.00 8,599.50 TUITION FEE IRO AA202200057137061 04/04/2022 419.00 7,235.23 UPKEEP AND MAINTENANCE 04/04/2022 419.00 7,924.77 TUITION IFO ABASIFREKE JOHNSON OWEN 04/04/2022 419.00 5,000.00 upkeep 04/04/2022 419.00 7,924.77 LIVING EXPENSE 04/04/2022 419.00 2,646.00 part tuition fee for olafayo adewale abiodun 04/04/2022 419.00 3,969.00 WINTER 2022 TUITION FEES FOR JOSHUA M CHUWANG-KWA 04/04/2022 419.00 5,660.31 TUITION FEES FOR LATEEF IDAYAT TEMITOPE 04/04/2022 419.00 1,389.15 TUITION 04/04/2022 419.00 2,700.00 TUITION FEES DEPOSIT FOR OHANUSI CYNTHIA OGADIMMA 04/04/2022 - STUDENT ID-100628704 419.00 3,969.00 EDUCATION 04/04/2022 419.00 15,000.00 STUDENT MAINTENANCE/UPKEEP 04/04/2022 419.00 3,969.00 TUITION FEES FOR OCHEME OKPE ANTHONY 04/04/2022 419.00 4,002.08 UPKEEP FOR INE 04/04/2022 419.00 1,323.00 UPKEEP FOR INE 04/04/2022 419.00 1,323.00 school fees 04/04/2022 419.00 5,491.77 tuition 04/04/2022 419.00 2,646.00 TUITION FEES 04/04/2022 419.00 400.00 upkeep 04/04/2022 419.00 11,576.25 TUITION FEE 04/04/2022 419.00 13,031.55 TUITION FEES IFO PROGRESS OVIE UTHUNU WITH STUDENT 04/04/2022 ID 22474405419.00 3,969.00 SCHOOL FEES 04/04/2022 419.00 1,984.50 school fees 04/04/2022 419.00 5,498.39 POST GRADUATE STUDY FEES 04/04/2022 419.00 1,323.00 LIVING EXPENSE 04/04/2022 419.00 7,938.00 EDUCATION 04/04/2022 419.00 2,800.00 UPKEEP FOR EBUBECHUKWU MARYJANE OKWUCHUKWU04/04/2022 419.00 4,536.00 form a school fees payment ifv of joy testimony gilbert-boma 04/04/2022 419.00 6,300.00 TUITION 04/04/2022 419.00 7,276.50 UPKEEP 04/04/2022 419.00 6,615.00 TUITION FEES FOR JULIANA ABIA ROBERTS UMOETTE 11897569 04/04/2022 419.00 7,938.00 TUTION FEES FOR JUSTINE CHIFURUMANAYA EDOGA 04/04/2022 419.00 8,996.40 school fees payment 04/04/2022 419.00 3,097.14 MAINTENANCE/UPKEEP 04/04/2022 419.00 6,615.00 TUITION FEES 04/04/2022 419.00 7,938.00 TUTION FEE IFO UDEOZOR EMEKA EMMANUEL 04/04/2022 419.00 4,643.73 TUITION FEES FOR KENNETH EMEKA ANIDEBE (00648100)04/04/2022 419.00 3,969.00 UPKEEP FPOR IFFOEMA 04/04/2022 419.00 5,000.00 301275185 PAYMENT FOR LETTER OF ACCEPTANCE 04/04/2022 419.00 2,160.44 TUTION FOR OKEREKE CHISOM JULIET 04/04/2022 419.00 7,554.33 POST GRADUATE STUDIES 04/04/2022 419.00 7,398.00 upkeep 04/04/2022 419.00 3,969.00 SCHOOL FEES 04/04/2022 419.00 4,630.50 LIVING EXPENSE 04/04/2022 419.00 4,630.50 EDUCATION 04/04/2022 419.00 4,050.00 TUITION DEPOSIT FOR MERCY OBIANIBELI AKOREFE 04/04/2022 419.00 2,646.00 TUTION FEE 04/04/2022 419.00 4,299.75 LIVING EXPENSE IFO MARVELOUS EMMANUEL 04/04/2022 419.00 793.80 OUTSTANDING FALL 2021 AND PARTIAL FOR SPRING 202204/04/2022 419.00 5,208.00 TUTION FEE IFO MAXWELL DOMINIC UNIAFE 04/04/2022 419.00 2,646.00 TUITION FEE 04/04/2022 419.00 1,774.14 MAINTENANCE/UPKEEP 04/04/2022 419.00 2,646.00 upkeep and accommodation - Uche Onyilofor 04/04/2022 419.00 10,000.00 MAINTENANCE AND UP KEEP 04/04/2022 419.00 5,000.00 TUITION FEE FOR SOMTOCHUKWU ANGEL NNAMDI 04/04/2022 419.00 3,694.47 TUITION FEE 04/04/2022 419.00 1,323.00 UPKEEP FOR MIC 04/04/2022 419.00 6,615.00 SCHOOL ACCOMODATION 04/04/2022 419.00 3,969.00 UNDERGRADUATE STUDIES (FRESH & RETURNING STUDENTS) 04/04/2022 419.00 3,969.00 EDUCATION 04/04/2022 419.00 3,969.00 SCHOOL FEES 04/04/2022 419.00 1,761.00 LIVING ALLOWANCE FOR OMOLADE LAWAL 04/04/2022 419.00 12,312.63 TUITION FEES IFO MOSES REX-KAMETA 04/04/2022 419.00 7,276.50 TUITION FEE FOR MOSUNMOLA DEBORAH OTEPOLA, STUDENT 04/04/2022 ID 20206372 419.00 1,050.67 ACCOMODATION 04/04/2022 419.00 6,000.00 tuition fee 04/04/2022 419.00 6,615.00 LIVING EXPENSES 04/04/2022 419.00 6,615.00 BALANCE TUITION FOR PELUMI MOHAMMED 04/04/2022 419.00 661.50 LIVING EXPENSES AND UPKEEP FOR AHMAD DABO 04/04/2022 419.00 2,646.00 EDUCATION 04/04/2022 419.00 6,615.00 EDUCATIONAL PURPOSE 04/04/2022 419.00 8,797.95 MAINTENANCE/UPKEEP FOR EDUCATIONAL SERVICES 04/04/2022 419.00 3,969.00 upkeep 04/04/2022 419.00 428.40 LIVING EXPENSES 04/04/2022 419.00 793.80 LIVING EXPENSES 04/04/2022 419.00 4,630.50 TUITION FEES 04/04/2022 419.00 938.29 SCHOOL FEES IFO UGBOAJA NKECHI BLESSING 04/04/2022 419.00 1,480.44 PAYMENT FOR TUITION FEE 04/04/2022 419.00 6,615.00 TUITION IFO NNAEMEKA ASIKA 04/04/2022 419.00 2,646.00 TUITION FEES,UNIVERSITY OF NORTHUMBRIA AT NEWCASTLE 04/04/2022 419.00 2,646.00 TUITION FEES FOR NJEMANZE NNANNA JEREMIAH C2186656 04/04/2022 419.00 5,292.00 SCH FEES IFO OKONKOH NNEKA ADAEZE 04/04/2022 419.00 8,106.00 postgraduate studies payment for nnenna chukwuka ogele 04/04/2022 419.00 2,646.00 UPKEEP ALLOWANCE 04/04/2022 419.00 5,292.00 payment of fees ifo sito-obong nse edem to coventry university 04/04/2022 419.00 4,101.30 SCH FEES IFO WATCHMAN IKENNA OKORO 04/04/2022 419.00 3,253.00 tuition fee 04/04/2022 419.00 2,381.40 LIVING EXPENSES 04/04/2022 419.00 13,230.00 TUITION FEES 04/04/2022 419.00 5,292.00 UPKEEP IFO OGECHI PRECIOUS UCHECHUKWU-NWOSU 04/04/2022 419.00 1,786.05 COMPLETE TUITION FEE IFO OGECHI PRECIOUS UCHECHUKWU-NWOSU 04/04/2022 419.00 3,175.20 LIVING EXPENSE 04/04/2022 419.00 6,615.00

PAGE 31

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com RETURNS ON UTILIZATION OF FUNDS PURCHASED FROM THE CBN AS AT FRIDAY, APRIL 08, 2022 SN

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

ITEM OF IMPORT

300 301 302 303 304 305 306 307 308 309 310 311 312

OLALEKAN AKINKOYA AKINNOLA SCHOOL FEES 04/04/2022 419.00 3,954.75 331 UCHECHUKWU CHRISTOPHER OPIA OLALEKAN YUSUF SANUSI TUTION 04/04/2022 419.00 556.50 332 UGBOGULU CHIDI VALENTINE OLALEKAN YUSUF SANUSI TUTION 04/04/2022 419.00 556.50 333 UGO - M COMM. VENTURES LTD OLAMIDE STEPHEN OLAPADE UPKEEP/LIVING EXPENSE IFO OSAROME MERCY OLAPADE-AIWERIOBA 04/04/2022 (C8463) 419.00 4,452.00 334 UGOCHUKWU U IFEBI OLAMIPOSI HAUWA GIWA PAYMENT FOR STUDENT UPKEEP 04/04/2022 419.00 11,907.00 335 UGONMA CHINWE NZE-OKONKWO OLARENWAJU MUBARAK MUDASHIR TUITION FEES IFO OLANREWAJU MUBARAK MUDASHIR (01028670) 04/04/2022 419.00 2,671.20 336 UGWUNNA U ELEKWACHI OLATUNDE TITILAYO ARUNA tuition fee 04/04/2022 419.00 7,590.00 337 UJU MIRIAM ANAEDU OLAWOLE EVANS ASORO for living expenses 04/04/2022 419.00 9,261.00 338 UKEFI DAVID IREKE OLAYINKA OLANIPEKUN EDUCATION 04/04/2022 419.00 13,494.60 339 UWEM AFANIDE OLAYINKA MARIAM ADESOYE TUITION FEE IFO OLUWAKEMI OMOLARA ADEKAIYAJA 04/04/2022 419.00 12,568.50 340 UYIOSA BRIGHT IGBINEDION OLAYINKA SIMISOLA AKINYEMI POSTGRADUATE STUDIES 04/04/2022 419.00 7,276.50 341 UZOMA ECHEGIRI OLAYINKA USMAN AJOSE UNDERGRADUATE 04/04/2022 419.00 4,749.57 342 VICTOR CHUKWU OLUBUNMI TITILOPE AJOSE MAINTENANCE / UPKEEP 04/04/2022 419.00 5,119.80 343 VICTOR AUGUSTINE AKPAN OLUBUSAYO RUTH OSUNLEYE PAYMENT OF TUITION FEE ON BEHALF OF OLUBUSAYO RUTH 04/04/2022 OSUNLEYE WITH 419.00STUDENT 4,101.30 ID NUMBER-21043506 344 VICTOR CHIBUIKE OFOEGBU OLUDUNSIN PAUL OYINLEYE tuition fees 04/04/2022 419.00 1,124.55 345 VINCENT TOOCHUKWU OKAFOR OLUFEMI ADEKUNLE AKALA SCHOOL FEE 04/04/2022 419.00 6,400.00 346 VIVIAN WAREIBI OMO-AGHOJA OLUFEMI BABATUNDE ALETAN TUTION FEES FOR ALETAN OLUWATOMISIN OLUWAPELUMI 04/04/2022 (11347856) 419.00 5,507.00 347 WILLIAMS OLIVER PAUL OLUFEMI DAMILOLA SOFOLAHAN TUITION 04/04/2022 419.00 9,790.20 348 YINKA OJOMU OLUFUNMILAYO ESTHER AKINFENWA TUITION PURPOSE 04/04/2022 419.00 3,307.50 349 YUSUF BABATUNDE ADEBAYO OLUGBENGA OMOTOLA ODUSOTE TUITION 04/04/2022 419.00 7,276.50 350 I-SKY FARMING VENTURES OLUSEGUN FESTUS OLADIPUPO TUITION FEE 04/04/2022 419.00 13,131.00 351 AWOGU INNOCENT NIG LTD OLUSHOLA MARIAM SADIQ SCHOOLFEES 04/04/2022 419.00 10,584.00 352 JOEDITH INVESTMENT LIMITED OLUSOLAPE OMOTANWA ALLI ACCOMODATION / LIVING EXPENSE 04/04/2022 419.00 9,194.85 353 FRANK TRUST INTEGRATED RESOURCES LTD OLUTAYO KAYODE-NELSON ACCOMODATION AND LIVING EXPENSES 04/04/2022 419.00 13,230.00 354 KAMSI EGO LINK GLOBAL SERVICES OLUWABUKUNMI DAVID OYEYIOLA POSTGRADUATE STUDIES 04/04/2022 419.00 2,646.00 355 ARIZEMADEX INVESTMENT NIG LTD OLUWAGBENGA NOAH AKINNUROJU TUITION FEE 04/04/2022 419.00 1,984.50 356 MARYCOS GLOBAL CONCEPT LTD OLUWASANMI DIMEJI OGEDENGBE UPKEEEP FOR DIMEJI 04/04/2022 419.00 6,615.00 357 KABSSON GLOBAL VENTURES OLUWASAYO ADEBUNMI EDUCATION 04/04/2022 419.00 3,969.00 358 GOVERNOR FAVOURITE CONCEPT LTD OLUWASEYI OLUWASEUN DAWODU MAINTENANCE/UPKEEP FOR OLUWASEYI DAWODU 04/04/2022 419.00 3,042.90 359 YIWU NAIFAN ENTERPRISE OLUWASEYI SAMUEL OGUNRAYEWA UPKEEP AND LIVING EXPENSES 04/04/2022 419.00 3,339.00 360 GENEWISE GLOBAL SYSTEM LTD OLUWASOLA OLUWASEUN MUSTAPHA Tuition Payment 04/04/2022 419.00 6,615.00 361 EMMACO ELECTRICAL COMPANY OLUWATOBI OPEMIPO ADERIBIGBE LIVING EXPENSES 04/04/2022 419.00 6,615.00 362 MODEST WORLD TRADE BUSINESS LTD OLUWATOBI PETER OLOWO UPKEEP/ MAINTENANCE 04/04/2022 419.00 11,907.00 363 GONAFY DESIGNS OLUWATOBILOBA OLUWAFUNMILAYO BABATUNDE LIVING EXPENSES FOR BABATUNDE OLUWATOBILOBA - STUDENT 04/04/2022 ID-10180960 419.00 3,836.70 364 CORKSPRO LIMITED OLUWATOMISIN EMMANUEL ASHIMOLOWO TUITION FEE DEPOSIT 04/04/2022 419.00 9,261.00 365 TISCO & PARTNERS OLUWATOMIWA ZAKARIYAH YUSSUFF TUITION FEE FOR YUSSUF OLUWATOMIWA 04/04/2022 419.00 6,350.40 366 FAMOUS STONE NIGERIA LIMITED OLUWATOYIN MOMOH OLUPINOLA SCHOOL FEES 04/04/2022 419.00 2,164.06 367 MUNADANIEL ENTERPRISES OLUWOLE ADEBAYO AJOMALE 2021/ 2022 TUITION FEES 04/04/2022 419.00 12,237.75 368 WHITE APEX LIMITED OMAMODE GBOROGEN UPKEEP 04/04/2022 419.00 4,630.50 369 NACKOY AUTOMOBILE COMPANY LTD OMOKARO BENEDICT UMUBI POSTGRADUATE STUDIES 04/04/2022 419.00 2,646.00 370 SESTEK TECHNOLOGIES OMOKHUWA COMFORT AKAWO TUITION FEE IFO OMOKHUWA COMFORT AKAWO 04/04/2022 419.00 5,292.00 371 MMX TECHNOLOGY LIMITED OMOLABAKE IBIDAPO BAKARE TUTION FEES FOR ADESHILE BAKARE 04/04/2022 419.00 2,686.03 372 C. VINMARTINS INTERNATIONAL LIMITED OMOLARA ADETUTU PEDRO school fees 04/04/2022 419.00 7,560.00 373 OBIDIGWE TRADING VENTURES OMOLOLA OLUFISAYO ALONGE DEPOSIT FOR TUITION FEE FOR OMOLOLA ALONGE 04/04/2022 419.00 4,945.00 374 GREAT LAMIS IMPEX VENTURES OMOTAYO SAHEED MUFTAU EDUCATION 04/04/2022 419.00 2,998.76 375 HINMONTO IMPEX VENTURES OMOYELE AYODEJI ABIUWA MAINTENANCE /UPKEEP 04/04/2022 419.00 2,646.00 376 IYKETEX BUSINESS LINK LTD ORAKWE IYEME TUITION FEES 04/04/2022 419.00 6,218.10 377 ALEXANDER IZUNOBI AND ASSOCIATES OSAHENI ENABULELE POSTGRADUATE FEE /STD ID 2241742 04/04/2022 419.00 10,328.01 378 PREMIUM POINT GLOBAL LOGISTICS OSOKAM ANGELA AKINRINOLA Living Expense 04/04/2022 419.00 6,615.00 379 CYPECO INT'L LTD OYINDAMOLA SUKURAT LAWAL maintenance / upkeep 04/04/2022 419.00 2,778.30 380 JOFOL INTERNATIONAL LTD. OYINLOLA SIMBIAT AJAO POST-GRADUATE STUDIES 04/04/2022 419.00 6,615.00 381 DIABOND SHEETS AND BOARDS CONCEPTS PAMELA IJEOMA EJIOGU school fees 04/04/2022 419.00 4,842.00 382 ESMERO PHARMACEUTICAL LTD PASCAL OBINNA ODOR tuition fees 04/04/2022 419.00 3,965.49 383 SHORUNMU INTERNATIONAL ENTERPRISES PATIENCE ELEWECHI ELIAS UPKEEP/MAINTENNANCE IFO PATIENCE ELIAS 04/04/2022 419.00 7,938.00 384 BASROSE STORES LIMITED PATRICK OSAGIE AKHAINE TUITION FEE DEPOSIT FOR AKHAINE BLESSING EGHONGHON 04/04/2022 STUDENT ID:419.00 UP2126338 4,630.50 385 GOD'S GLORIOUS POWER INVESTMENT LTD PAUL CHIJIOKE OKONKWO PART PAYMENT TUITION 04/04/2022 419.00 7,276.50 386 CHIZELCOLE INTER'L COMPANY LIMITED PEACE URESHIMI GEORGE BEING FORM A AA202200057143079 B/O PEACE URESHIMI 04/04/2022 GEORGE IFO 419.00 SCHOOL FEES FOR 8,625.75 PRINCE OSHOKUNZABEREME(ID.NO:107694) 387 CLOWIC GLOBAL LIMITED PRAISE ORERI AKPUGHE SCHOOL FEES PAYMENT 04/04/2022 419.00 5,292.00 388 CROWN GATE MULTI RESOURCES VENTURES PRINCE CHIZURUM NJOKU LIVING EXPENSE 04/04/2022 419.00 11,907.00 389 POWER TOOLS & SAFETY GLOBAL LTD Peter Saliu TUITION FEE FOR PETER OLUSEGUN SALIU 04/04/2022 419.00 4,630.50 390 ODAWALAOJI GLOBAL ENTERPRISE RACHAEL ROSELLA METELEWAWON maintenance and upkeep 04/04/2022 419.00 5,292.00 391 TRANSAHABA ENERGY LIMITED RAPHAEL IKECHUKWU ODAH MAINTENANCE/UPKEEP 04/04/2022 419.00 4,630.50 392 EMMA-SYDIES AND COMPANY RASHEED AKINSANYA EDUCATION 04/04/2022 419.00 6,615.00 393 MEX CONCEPT TECHNOLOGY LTD REV. BARTHLOMEW CHUKWUEMEKA UCHEGBUTUITION FEE IN FAVOUR OF UCHECHI UCHEGBU OKORO 04/04/2022 419.00 5,292.00 394 NUELTORIA CONSULTING REV. BARTHLOMEW CHUKWUEMEKA UCHEGBUMAINTENACE /UPKEEP IN FAVOUR OF VALENTINE C. UCHEGBU 04/04/2022 419.00 3,969.00 395 SHEDIMO INVESTMENT LTD RICHARD OGUGUO IHEUKWU TUITION FEE IFO IHEUKWU RICHARD OGUGUO 04/04/2022 419.00 13,230.00 396 EMACO TECHNICAL COMPANY RIDWAN ADIO ABDULKAREEM tuition fees for ridwan abdulkareem/2704581 04/04/2022 419.00 5,292.00 397 J.O ELECTRONICS IN'L NIGERIA LTD RONKE ADELEYE EDUCATION 04/04/2022 419.00 2,300.20 398 MMASINACHI STORE RONKE MISTURAH AYILARA MAINTENANCE FOR ADEYINKA KHALID AYILARACARLETON04/04/2022 UNIVERSITY 419.00 2,120.16 399 DE WORLD JOE ENTERPRISES ROSELINE ANDORSHIYE ESHIEMOMOH school fees 04/04/2022 419.00 2,000.00 400 EAST PACIFIC GLASS INDUSTRIES LTD ROYAL FORCADOS SCHOOL FEES 04/04/2022 419.00 13,885.20 401 TIMAK CONSTRUCTION & INVESTMENTS LTD RUTH EBERECHI AMAH SCHOOL FEES 04/04/2022 419.00 5,292.00 402 TOP B29 BOND LTD SA'AD EJIWUMI PET. & GAS NIG. LTD BEING SCHOOL FEES FOR HABEEBAT RAHEEM 04/04/2022 419.00 14,976.68 403 AMSO GREAT ENT SAMSON REMILEKUN AJANAKU MAINTENANCE/ UPKEEP 04/04/2022 419.00 11,907.00 404 M. EKENE RESOURCES LIMITED SAMUEL CHUKWUKA MBAH SCHOOL FEES IFO SAMUEL MBAH 04/04/2022 419.00 2,669.81 405 ELCHEM NIGERIA LTD. SAMUEL OLATUNDE OGUNDOLA POSTGRADUATE STUDIES 04/04/2022 419.00 4,025.00 406 NABIT INDUSTRIES NIGERIA LIMITED SAMUEL SEUBO KAPPO Tuition for Samuel Kappo Seubo 04/04/2022 419.00 2,646.00 407 VICTORY KEM INT L BEST RESOURCES SAMUEL USHIE ATAM LIVING EXPENSE FOR DAMILOLA DADA 04/04/2022 419.00 5,292.00 408 SOLID STAR ALLUMINIUM VENT. NIG. LTD. SARAH OROBOSA OBAYOJIE SCHOOL FEES FOR SARAH O OBAYOJIE 04/04/2022 419.00 6,615.00 409 ROYAL RULER RESOURCES LTD SEGUN EMMANUEL ARIBISALA living expense 04/04/2022 419.00 12,766.95 410 SMARTVISION ASSETS LTD SHALOM CHINYERE NWENDU UPKEEP IFO SHALOM NWENDU 04/04/2022 419.00 6,615.00 411 DBR PURE LIGHT GLOBAL LTD SHERIFAT IYAYI TUITION FEES FOR SHERIFAT IYAYI 04/04/2022 419.00 2,804.76 412 FILTERLAND INDUSTRIES LIMITED SHERIFF OLALEKAN AKINTOLA TUTION FEES 04/04/2022 419.00 2,646.00 413 CARLIBEST NIGERIA ENTERPRISE 414 ELOBAM GLOBAL LINK ENTERPRISE SIM UNI-EDUCATION SERVICES LTD EDUCATION 04/04/2022 419.00 779.10 SOMINABO AND IHUOMA HORSFALL Part tuition Sominabo Horsfall 04/04/2022 419.00 2,226.00 415 ANITAANYOHA ENTERPRISES SONIA ADA MBEREKPE MAINTENANCE/UPKEEP 04/04/2022 419.00 4,630.50 416 GOOD FAMILY INVESTMENT LIMITED STELLA AGBAEROH EDUCATION 04/04/2022 419.00 6,743.56 417 HAPPY CHRIS NIGERIA LTD SULEIMAN ADEGOKE UPKEEP 04/04/2022 419.00 5,292.00 418 IFY BEST GLASS WORLDWIDE SERVICES SUNDAY SONEYE SCHOOL FEES 04/04/2022 419.00 14,420.70 419 NICK FACE INT'L NIG LTD TAIWO OLOWOIDIABA TUTION 04/04/2022 419.00 760.00 420 SUNDAY CHUKWU INTEGRATED RESOURCES TAIWO DURODOLA-TUNDE SCHOOL FEE FOR TAIWO DURODOLA-TUNDE 04/04/2022 419.00 3,969.00 421 NDOZ COLLECTIONS LIMITED TAIWO DURODOLA-TUNDE PAYMENT OF THIRD INSTALMENT OF HOUSE RENT 04/04/2022 419.00 1,703.57 422 S.N SUNSHINE TRADING COMPANY LTD.

TUITION FEE IFO OPIA UCHECHUKWU CHRISTOPHER (ID - 100607102) 04/04/2022 419.00 2,922.51 UPKEEP FOR NKEM USHA UGBOGULU 04/04/2022 419.00 9,922.50 TUITION FOR IGWEONU UGOHUKWU ANTHONY 04/04/2022 419.00 7,318.92 TUITION FEES 04/04/2022 419.00 2,177.66 LIVING EXPENSE FOR ROSEMARY CHIOMA AGU 04/04/2022 419.00 5,292.00 EDUCATION 04/04/2022 419.00 5,292.00 TUITION 04/04/2022 419.00 2,249.10 SCHOOL FEES FOR DAVID U 04/04/2022 419.00 2,282.17 education 04/04/2022 419.00 3,904.00 LIVING EXPENSES 04/04/2022 419.00 4,762.80 TUITION FEE 04/04/2022 419.00 3,000.00 MAINTENANCE/UPKEEP IFO VICTOR CHUKWU 04/04/2022 419.00 10,584.00 FOR SCHOOL FEES & OSHC INSURANCE 04/04/2022 419.00 4,078.00 SCHOOL FEES 04/04/2022 419.00 3,969.00 MAINTENANCE/UPKEEP 04/04/2022 419.00 1,984.50 SCHOOL FEES 04/04/2022 419.00 6,946.40 TUITION IFO OLIVER PAUL WILLIAMS 04/04/2022 419.00 4,630.50 UPKEEP ALLOWANCE FOR OLAYINKA WURAOLA OJOMU 04/04/2022 419.00 4,630.50 tuition fee iro YUSUF ADEBAYO 04/04/2022 419.00 7,938.00 DRIED SEA PRODUTS FOR ANIMAL FEED 04/04/2022 419.00 20,000.00 BOPP TRANSPARENT FILM 04/04/2022 419.00 20,000.00 INSULATORS 04/04/2022 419.00 20,000.00 INSULATORS 04/04/2022 419.00 20,000.00 HP PRINTERS, M604N PRINTERS 04/04/2022 419.00 20,000.00 AUTO SPARE PARTS 04/04/2022 419.00 20,000.00 PVC WIRE & CABLE 04/04/2022 419.00 20,000.00 PVC WIRE & CABLE 04/04/2022 419.00 20,000.00 PVC INSULATED WIRE 1.5MM2/90YARDSPVC INSULATED WIRE 04/04/2022 2.5MM2/90YARDS 419.00 20,000.00 AUTOMATIC TRANSFER SWITCH 04/04/2022 419.00 20,000.00 AGRIC IRRIGATION WATER PUMPS 04/04/2022 419.00 20,000.00 LED LIGHTS 04/04/2022 419.00 20,000.00 SOLAR PANELS 04/04/2022 419.00 20,000.00 TECNO PHONES 04/04/2022 419.00 20,000.00 MOBILE PHONE CABLES 04/04/2022 419.00 20,000.00 HUMAN AND SYNTHETIC HAIR GOODS 04/04/2022 419.00 20,000.00 ELECTRONICS GOODS 04/04/2022 419.00 20,000.00 REFRIGERATION FAN MOTOR 04/04/2022 419.00 20,000.00 WATER PUMP WP20X EVERMAX 04/04/2022 419.00 19,995.00 AUTO POWER STEERING PUMP 04/04/2022 419.00 20,000.00 WHITE PETROLEUM JELLY (DIVYOL WP 150) 04/04/2022 419.00 20,000.00 LAPTOP 04/04/2022 419.00 20,000.00 AUTO POWER STEERING PUMP 04/04/2022 419.00 20,000.00 CHAIN SAW 04/04/2022 419.00 20,000.00 NEO BACK ROD 04/04/2022 419.00 20,000.00 NEO BACKING ROD 04/04/2022 419.00 20,000.00 SHOCK ABSORBER ASSEMBLY 04/04/2022 419.00 20,000.00 ELECTRICAL ACCESSORIES (BALLAST) 04/04/2022 419.00 20,000.00 SOLAR PANELS 04/04/2022 419.00 20,000.00 INDUSTRIAL FILTER 04/04/2022 419.00 20,000.00 SAFETY BOOT, BETA BRAND 04/04/2022 419.00 20,000.00 PAPER BOARD 04/04/2022 419.00 20,000.00 PHARMACEUTCAL PRODUCTS 04/04/2022 419.00 20,000.00 PREMIUM COMATIBLE TONER CATRIDGE TN-622 FOR KONICA 04/04/2022 MINOLTA 419.00 2,583.40 USED ENGINESUSED AUTO BODY PARTS(BOMBER, DOOR, 04/04/2022 FEEDERS & LIGHTS) 419.00 USED TOYOTA 20,000.00 CAMRY 2011 CHASSIS NO:4T OIL FILTER 04/04/2022 419.00 20,000.00 MODEL NO. AH718 HOSPITAL CABINET HS CODE 04/04/2022 419.00 20,000.00 BATTERY 04/04/2022 419.00 20,000.00 ALUMINIUM PROFILE 04/04/2022 419.00 20,000.00 PLUMBING VALVES(PRESSURE REDUCING VALVE FOR PLUMBING 04/04/2022 USE) 419.00 20,000.00 EDGE TAPE 04/04/2022 419.00 20,000.00 ROLL FORMING MACHINE 04/04/2022 419.00 20,000.00 WIRE 3.8MM RED 1.5MM2WIRE 4.2MM RED 2.5MM2WIRE 04/04/2022 7.5MM BLACK 419.00 10MM2 20,000.00 SEWING MACHINE THREAD 04/04/2022 419.00 20,000.00 ALUMINIUM COIL 04/04/2022 419.00 20,000.00 CABLE WIRES 04/04/2022 419.00 20,000.00 CABLE WIRES 04/04/2022 419.00 20,000.00 CABLE WIRES 04/04/2022 419.00 20,000.00 CAMPING BURNER 04/04/2022 419.00 20,000.00 AGRICULTURAL SPRAYER 04/04/2022 419.00 20,000.00 cutting machines 04/04/2022 419.00 20,000.00 WATER PUMPS 04/04/2022 419.00 20,000.00 SCOURING PAD 04/04/2022 419.00 20,000.00 RESIN 04/04/2022 419.00 20,000.00 RESIN 04/04/2022 419.00 20,000.00 OIL FILTER 04/04/2022 419.00 20,000.00 14T DRUM AXLE 04/04/2022 419.00 20,000.00 NEW MOTORCYCLE IN CKD 04/04/2022 419.00 20,000.00 STANDARD MOULD BASE 04/04/2022 419.00 20,000.00 SCOURING PAD 04/04/2022 419.00 20,000.00 KAOLIN 04/04/2022 419.00 20,000.00 CYLINDER LINER 04/04/2022 419.00 20,000.00 INDUSTRIAL FILTERS/ENGINE FILTERS 04/04/2022 419.00 20,000.00 NEW MOTOCYCLE IN CKD 04/04/2022 419.00 20,000.00 NEW MOTOCYCLE IN CKD 04/04/2022 419.00 20,000.00 SEWING MACHINE THREAD 04/04/2022 419.00 20,000.00 SEWING THREAD 04/04/2022 419.00 20,000.00 RESIN 04/04/2022 419.00 20,000.00 BULB 60W BRITANIA 04/04/2022 419.00 20,000.00 INDUSTRIAL FILTER 04/04/2022 419.00 20,000.00 SCOURING PAD 04/04/2022 419.00 20,000.00 CELING CORNICE XPS 04/04/2022 419.00 20,000.00 SEWING THREAD 04/04/2022 419.00 20,000.00

313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330

TAIWO ELIZABETH AIYEOLA TAMILORE ADEKUNLE ADEWUYI TEJIRI ZIREGBE TEMIDAYO RAIMOT AJUWON TEMITOPE AWOFADEJU TEMITOPE SOTUMINU TEMITOPE AANU-ADE ADESIDA TEMITOPE OMOLARA OGUNSEKAN TEMITOPE R. AFOLABI-FAKUNMOJU THOMAS OLUWATOYIN AYODEJI TIMILEHIN OMOLAFE TINA CHIGOZIE OLAJIDE TITILAYO OGUNLEYE TITILAYO OYEDELE OLALEYE TIWALADE ABIMBOLA IBRAHEEM TOLUWALASE MONSURAT BELLO TOPE ABAYOMI FALOLA Titilope Adeyemi Obakpolor

school fees 04/04/2022 post graduate studies 04/04/2022 MAINTENANCE/UPKEEP 04/04/2022 POSTGRADUATE STUDIES 04/04/2022 UPKEEP 04/04/2022 LIVING EXPENSES 04/04/2022 PAYMENT OF TUITION FEES 04/04/2022 msc tution 04/04/2022 TUITION FEES FOR TEMITOPE REBECCA AFOLABI-FAKUNMOJU. 04/04/2022 Tuition fees 04/04/2022 TUITION 04/04/2022 school upkeep 04/04/2022 TUITION FEE IFO TITILAYO OGUNLEYE 04/04/2022 UPKEEP AND MAINTENANCE 04/04/2022 Up keep 04/04/2022 TUITION FEE IFO PEREKEBINA O DEDE 04/04/2022 MAINTENANCE AND UPKEEP IFO TOPE FALOLA 04/04/2022 TUITION 04/04/2022

PURCHASE OF VALVES AND CONDENSERS 04/04/2022 419.00 WATER PUMPS 04/04/2022 419.00 RADIO TRANSMISSION EQUIPMENT 04/04/2022 419.00 PVC INSULATED WIRE 2.5MM2/90YARDSPVC INSULATED WIRE 04/04/2022 3.5MM2/90YARDS 419.00 AUTO SPARE PARTS 04/04/2022 419.00 ADHESIVE PU SILICONE SEALANTADHESIVE RTV SILICONE SEALANT 04/04/2022 419.00 CYLINDER LINER 04/04/2022 419.00 ENERGY SAVING LAMP AND LED 04/04/2022 419.00 AGRICULTURAL SPRAYER 04/04/2022 419.00 WATER PUMPS 04/04/2022 419.00 BULB 60W BRITANIA 04/04/2022 419.00 SP SPEAKERS 04/04/2022 419.00 NEW CHEST FREEZERS 04/04/2022 419.00 NEW CHEST FREEZERS 04/04/2022 419.00 BULB 60W BRITANIA 04/04/2022 419.00 CLEAR FLOAT GLASS 04/04/2022 419.00 ENGINE BLOCK C110 04/04/2022 419.00 INDUSTRIAL FILTER 04/04/2022 419.00

221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299

PAGE 32

419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00

1,653.75 7,765.00 3,969.00 2,699.25 12,171.60 4,630.50 2,160.28 7,300.31 2,672.35 13,891.50 3,307.50 14,553.00 3,969.00 5,292.00 5,292.00 7,938.00 6,615.00 3,969.00

SN

CUSTOMER

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

CUSTOMER

423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440

DE TRI CHIS PET. SERV. LTD-EKWULOBIA GOFAV KONSULT LTD TELCROFT TECHNOLOGIES LTD DON-JOEL SOLAR AND ELECTRICAL ANYI-TRAKOS INVESTMENT LIMITED TONZIE DE TOOLS FURNITURE WIDGE ENGINEERING LIMITED MZON TECHNOLOGY NIGERIA LIMITED JOEVIC AND SONS LIFESTYLE ENTERPRI A C ISRAEL GENERATOR SALES & SERVICES B & G FAVOURITE FOODS LIMITED ADONIS OBIDIGBO & SONS ERIC DIVINE CONCEPT LTD MAGNETIC LYNK LIMITED V KENZ GLOBAL CONCEPT NIG LIMITED P-DOLLAR HOSPITAL GLASS NOCLINK VENTURES LIMITED ABBA INNOVATIONS LTD

ITEM OF IMPORT

THEWILLNIGERIA

THEWILLNG

20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 10,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00

THEWILLNIGERIA

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com RETURNS ON UTILIZATION OF FUNDS PURCHASED FROM THE CBN AS AT FRIDAY, APRIL 08, 2022 SN

441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550

CUSTOMER

SPLENDID-EMMY GLOBAL VENTURES BUTAN GAS GLOBAL RESOURCES ENT. PEMUNEK GLOBAL SUNEC MOVIES INDUSTRIES LTD EMEGOZ BUSINESS ENTERPRISE ELGREPON VENTURES BIHMEKS GLOBAL MULTLINKS LTD CHRISTIAN IKEMEFULA GLOBAL VENTURES RING ENERGY GLOBAL RESOURCES DIVINEGIFT CIVIL ENGINEERING CO LTD OBIDIGWE CHEMICAL LIMITED 11 GONZILAS RESOURCES NIG. LIMITED ONYI DIVINE PROMISE AND IYKE LTD B FOR BEST ENTERPRISE RICHARD VAL AUTO INTL COY LTD EJEHARTS PRINTING PRESS LTD OKEKE OKEKE ED-OKEKE LIMITED CHIKASON INDUSTRIES LIMITED ICEJEN NIG LTD TUARANGA SERVICES NIG ASH BURTON GROOVE CONCEPT ROMULUX GLOBAL CONCEPT NOBLE MOVIES INTERNATIONAL LTD JASSOK ENTERPRISES NIGERIA LIMITED TOC BELSON NIGERIA LIMITED PRODIUM METHOD ADINJO GLOBAL LINK LIMITED WINNERS CIRCLE AUTO PARTS LTD. IKEDINOBI COMMERCIAL ENT. NIG LTD SEA SHELTERS GLOBAL LTD ROYAL DOCK PHARMACEUTICAL LTD ANTMOR INTERNATIONAL ENTERPRISES EDIBOR CONSULTING BESTLINE NIGERIA LIMITED CHRIS BONA ENTERPRISES O B O RESOURCES AMAISIGABUEZE GLOBAL RESOURCES PALAZZO VERSACE HOTEL & SUITES CLEAN POINT GLOBAL IMPEX COMPANY CHURMEK CHEMICALS LTD TONY GANGER INV CO LTD .

MABULL VENTURES FADON AND PARTNERS BIMBAI LINK ENTERPRISE UGOMARVEL ENTERPRISES GREEN GATES ASSOCIATES ALFRENG ENTERPRISES NIG GAMUDA FASHION AND CO PUREBREED SOLUTION LINKS SAFECARE MEDICALS LTD CELDON BROWN BUZLINK WORLD SWISSFELIX BIZLINK ENTERPRISES VESTALODO INTERNATIONAL ENTERPRISES ORISEKENWA INDUSTRIES LTD JESIMO GLOBAL SERVICES LTD EPEPE INTL NIG LTD EBEBE CHIDI & SONS NIG ENTERPRISES ROMADORA INDUSTRIES C AND C TRADINNG CONCEPT EMECEN INTEGRATED FARMS ESSYMARTIN GLOBAL CONCEPT SHERIAH PETER VENTURES HENCH ALUMINIUM COMPANY LIMITED CHUKS O. J. VENTURES NIG. LTD TRIPLE DIVINE HANDS GLOBAL SERVICES ICON DE ROCK MULTIPURPOSE LTD UPRIGHT NATURAL MEDICAL THERAPHY LTD JOEMECK STEEL COMPANY NIG LTD V.T.S (NIG) LTD. NANDO PHARMACY LTD GLOBAL NABISCO INT'L O.C BEN INTERNATIONAL COM LTD CHIZA E.C LIGHT GLOBAL COY NIG LTD V.C INVESTMENT & ALUMINIUM COY LTD SAHARA KRYSTALS LIMITED MOSCON RESOURCES NIG LTD STOPIC ELECTRICAL COMPANY LIMITED MBADA INT L COMPANY LTD SOUL INTERLINK CONCEPT LTD ANYIBEST NNOLI ENTERPRISES ECMALACHY INTERNATIONAL LIMITED BATAHA ENTERPRISES KEN SEAL INVESTMENT COMPANY LIMITED IYK OMEWO STEEL CONSTRUCTION CO LTD ADMATTERS LIMITED EXOTIC SUITES & EVENTS PLACE AA. GELAS INTERNATIONAL CO. LTD SEVENTEEN (17) NIG. LTD ALPHONS EZE INTERNATIONAL COMPANY CEASARTEX INT L LTD ROTO-PACIFIC LIMITED U JAYZ FOOD ONE TIME LINK COMM NETWORK LTD IZU WHITE VENTURES OJESKOGU-GLOBAL FRANOLEN CONSULTING LIMITED P-KAY COMMERCIAL COMPANY LTD CHIENEL INTEGRATED RESOURCES LIMITED MARKIDOM GOLD GLOBAL LIMITED IZUNACO MARKETING COMPANY LIMITED BLESSED ICHAKA ESTATE AGENCY LTD FORTUNE GARMENT CARE (LAUNDRY SERVI IBEMS GLOBAL INTER-LINKS LIMITED NKBEN ELECTRICAL ENTERPRISES TONIS LOUNGE AND KITCHEN CO BON VIVANT MED & DIAGNOSTIC CEN LTD BESSUYI NIGERIA LIMITED GREAT MEZ GLOBAL VENTURES ALL WELL CONTINENTAL ALUM LTD. SORTS ESTATES

THEWILLNIGERIA

ITEM OF IMPORT

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

SN

CUSTOMER

ITEM OF IMPORT

ENERGY SAVING LAMP & LED 04/04/2022 419.00 20,000.00 JEWELLERY/ACCESSORIES 551 ARSENAL VENTURES WATER PUMPS 04/04/2022 419.00 20,000.00 PTA 552 OKEKE EMMANUEL KENECHUKWU CHAIN 428-112L 04/04/2022 419.00 20,000.00 PTA 553 BALARABE MURTALA SCOURING PAD 04/04/2022 419.00 20,000.00 PTA 554 IFINEDO OSAYIMWENSE EVITA MACHINERY-CHAINSAW 04/04/2022 419.00 20,000.00 PTA 555 IMASUEN ELIZABETH LARAI TRAILER BOGIE ACCESSORIES 04/04/2022 419.00 20,000.00 PTA 556 AMANGBO CHINYELU NKEMAKONAM RESIN 04/04/2022 419.00 20,000.00 PTA 557 OYEBADE TAIWO FRANCES RESIN 04/04/2022 419.00 20,000.00 PTA 558 ZUHUMBEN-IFECHIGHA PEMIYAK PETRA SEWING MACHINE 04/04/2022 419.00 20,000.00 PTA 559 ORJI ROSELINE EGO WATER PUMPS 04/04/2022 419.00 20,000.00 PTA 560 AKINYELURE OLUSEGUN OLADIPO SCOURING PAD 04/04/2022 419.00 20,000.00 PTA 561 IMADE EFOSA OGBITSE TILES CUTTING MACHINE 04/04/2022 419.00 20,000.00 PTA 562 ADESANYA HAPPINESS SHADE ROLLER BEARING 04/04/2022 419.00 20,000.00 PTA 563 AMEDE FESTUS CHUKWUNALU IRRIGATION WATER PUMP 04/04/2022 419.00 20,000.00 PTA 564 IGBAYILOLA BABATUNDE ARIYO BULB 60W BRITANIA 04/04/2022 419.00 20,000.00 PTA 565 OKONTA OLUCHI JOSEPHINE FIXED LUMINARIES 04/04/2022 419.00 20,000.00 PTA 566 MARTINS AYODEJI ISRAEL RTV SILICONE(GASKET MAKER) 04/04/2022 419.00 20,000.00 PTA 567 Alabi Patrick RESIN 04/04/2022 419.00 20,000.00 PTA 568 ABIMBOLA RAMOTA OLAYINKA SEWING THREAD 04/04/2022 419.00 20,000.00 PTA 569 ABDULLAHI MUHAMMAD ALI SEWING THREAD 04/04/2022 419.00 20,000.00 PTA 570 NWEKE IFEANYI GORDIAN SEWING THREAD 04/04/2022 419.00 20,000.00 PTA 571 RENG DANIEL REUBEN SHOVEL 04/04/2022 419.00 20,000.00 PTA 572 IMOUKHUEDE BABAJIDE ESEOSA IRRIGATION WATER PUMPS 04/04/2022 419.00 20,000.00 PTA 573 UWALAKA NKECHI 14T DRUM AXLE 04/04/2022 419.00 20,000.00 PTA 574 ADEDEJI ADEDOYIN OKIKIOLUWA SEWING THREAD 04/04/2022 419.00 20,000.00 PTA 575 EJIOFOR MAURICE CHUKWUDI SEWING MACHINE 04/04/2022 419.00 20,000.00 PTA 576 ONUOHA KELECHUKWU MC CLEMENT BRAKE PEDAL AX100 04/04/2022 419.00 20,000.00 PTA 577 MATTHEWS IDONI ENOLEN TWO CYCLE OIL IN CARTONSBRAND: VISA PREMIUMTWO04/04/2022 CYCLE OIL IN DRUMS 419.00BRAND: 20,000.00 VISA PREMIUMLIGHT FUEL OIL IN KIKELOMO CARTONSOLUFUNKE BRAND: VISA PREMIUMPTA LIGHT FUEL OIL IN DRUMSBRAND; VISA PREMIUM 578 RUNSEWE ALUMINIUM COIL 04/04/2022 419.00 20,000.00 PTA 579 ALLEN EMEM SOLAR PANEL PV 04/04/2022 419.00 20,000.00 PTA 580 OGBUAKU KELECHI LILIAN PHARMACEUTICAL-PHENYLEPHINE HCL 04/04/2022 419.00 20,000.00 PTA 581 MOHAMMED DAHIRU MUSTAPHA aluminium coil 04/04/2022 419.00 20,000.00 PTA 582 SULAIMON AYISHAT TEMITOPE Engine Automobile Casket 04/04/2022 419.00 20,000.00 PTA 583 ALAMU OLUSOLA ISRAEL WELDING ELECTRODES 04/04/2022 419.00 20,000.00 PTA 584 ehiwe joy BULB 60W BRITANIA 04/04/2022 419.00 20,000.00 PTA 585 ANIEKEH IKENNA ODERA BULB 60W BRITANIA 04/04/2022 419.00 20,000.00 PTA 586 IDRIS AISHA KANTI SCOURING PAD 04/04/2022 419.00 20,000.00 PTA 587 SHUAIBU FATIMA CHEMICAL WOOD PULP 04/04/2022 419.00 20,000.00 PTA 588 OLAITAN EBENEZER ADESHINA TWO CYCLE OIL IN CARTONS BRAND VISA PREMIUM 04/04/2022 419.00 20,000.00 PTA 589 ADETOYI ADEBOLA EUNICE COCAMIDOPROPYL BETAINE L7 04/04/2022 419.00 20,000.00 PTA 590 NNABUIFE ONYINYE JENNIFER SCOURING PAD 04/04/2022 419.00 20,000.00 PTA 591 EKWENSI JOHN ONYEKACHUKWU SEWING MACHINE PARTS 04/04/2022 419.00 20,000.00 PTA 592 ONYEJIAKA GLORIA IRUKA COMPOSITION LEATHERITE 04/04/2022 419.00 20,000.00 PTA 593 CHAKHTOURA KARAM SPARE PARTS FOR PLANTS AND MACHINERY 04/04/2022 419.00 20,000.00 PTA 594 CHUKWU LAWSON NNAMDI ALUMINIUM PLATES 04/04/2022 419.00 20,000.00 PTA 595 ANITE KATE UNUANE ELECTRICAL MACHINERY PLANT BRAND: HAVELLS MODEL:04/04/2022 100A 419.00 20,000.00 PTA 596 oye akin martins SOLAR PANELS 04/04/2022 419.00 20,000.00 PTA 597 ADOLF EMEM EFFIONG SEWING THREAD 04/04/2022 419.00 20,000.00 PTA 598 ACHUGAMONYE TOCHUKWU PAUL ALUMINIUM PROFILE 04/04/2022 419.00 20,000.00 PTA 599 JEGEDE OLUGBENGA OLABANJO PURCHASE OF MOTORCYCLE VALVES 04/04/2022 419.00 20,000.00 PTA 600 AMINU SHAMSUDDEN KOFA ALUMINIUM PROFILE 04/04/2022 419.00 20,000.00 PTA 601 OKOROAFOR WINNIE CHIAMAKA ALUMINIUM PROFILE 04/04/2022 419.00 20,000.00 PTA 602 IBRAHIM COMFORT PVC INSULATED WIRE 1.5MM2/90YARDSPVC INSULATED 04/04/2022 WIRE 2.5MM2/90YARDS 419.00 20,000.00 PTA 603 OBI CHIDINMA ONYINYECHI OTHER PRIMARY CELLS AND PRIMARY BATTERIES 04/04/2022 419.00 20,000.00 PTA 604 IHENACHO OGECHUKWU CHIMDI TAILORING MATERIALS 04/04/2022 419.00 20,000.00 PTA 605 OGUNDIPE OLUWASEUN SAMUEL TOOTHBRUSH 04/04/2022 419.00 20,000.00 PTA 606 ayandele abiose olufolayimika TAILORING MATERIALS 04/04/2022 419.00 20,000.00 PTA 607 AKOKOTE MONDAY KINSLEY ALUMINIUM PROFILE 04/04/2022 419.00 20,000.00 PTA 608 ESOMCHUKWU KENECHUKWU ELMA POLYMERS OF VINYL CHLORIDE 04/04/2022 419.00 20,000.00 PTA 609 OLANREWAJU AFEEZ OLASEYE POLYPROPYLENE (PP) HOMOPOLYMER 04/04/2022 419.00 20,000.00 PTA 610 AZUANI PATRICIA NOKA OIL SPRAY MACHINE 04/04/2022 419.00 20,000.00 PTA 611 ONIGEMO SERIFAT AYANFUNKE ALUMINIUM COIL 04/04/2022 419.00 20,000.00 PTA 612 UKAEGBU CHIMEZIE ISAAC ALUMINIUM COIL 04/04/2022 419.00 20,000.00 PTA 613 MODUPE AHNNED OLADIMEJI BATHROOM TAPS 04/04/2022 419.00 20,000.00 PTA 614 AJADI OLUFEMI ANIMAL FEED 04/04/2022 419.00 20,000.00 PTA 615 OMOROGA OLUBUKOLA OLUSEGUN ANIMAL FEED 04/04/2022 419.00 20,000.00 PTA 616 NDUBUISI-TAYO JOY ANIMAL FEED 04/04/2022 419.00 20,000.00 PTA 617 USINA LAWRENTA IRUMUDOMON ALUMINIUM ALLOY WIRE 04/04/2022 419.00 20,000.00 PTA 618 EZENO MARYROSE UCHE pharmaceutical raw material(sodium starch glocolate) 04/04/2022 419.00 20,000.00 PTA 619 UKPABIA IKENNA REGINALD PHARMACEUTICAL PRODUCT-PIROXICAM 04/04/2022 419.00 20,000.00 PTA 620 ALIYU MUSA DANGOGGO LINE TELEPHONE SETS 04/04/2022 419.00 20,000.00 PTA 621 OMISAKIN TEMITOPE OLUSOLA BATTERY 04/04/2022 419.00 20,000.00 PTA 622 UPELLE-ODOH CHINELO PHILOMENA CLEAR FLOAT GLASS 04/04/2022 419.00 20,000.00 PTA 623 ABDULLAHI HADIZA ADAM SHEIKH CONDENSER CG125/TRANSMISSION VALVE 04/04/2022 419.00 20,000.00 PTA 624 DANBATTA HABIBU BAKO CYLINDER LINER 04/04/2022 419.00 20,000.00 PTA 625 onwube anthony uzodinma animal feed 04/04/2022 419.00 20,000.00 PTA 626 ADISA MOJEED AJIBOLA PIPES 04/04/2022 419.00 12,000.00 PTA 627 ALIYU NAFISAT AHMAD FUEL PUMP 04/04/2022 419.00 20,000.00 PTA 628 ADEBAYO-SALU ROSEMARY ONYEBUCHI SOLAR PANELS 04/04/2022 419.00 20,000.00 PTA 629 LAWAL OLUWASEYI ADEBAYO SOLAR PANELS 04/04/2022 419.00 20,000.00 PTA 630 ABUBAKAR MUHAMMAD SHUAIBU MACHINERY- WET STONE GRINDER MACHINE 04/04/2022 419.00 20,000.00 PTA 631 ONWUDINJO SOMTOCHUKWU NIAMH AUTOMATION PARTS 04/04/2022 419.00 18,030.60 PTA 632 PAUL IFEANYI JOSHUA BEARINGS 04/04/2022 419.00 20,000.00 PTA 633 ADU ATUVIENO GEORGE WEIGHING SCALE MACHINE 04/04/2022 419.00 20,000.00 PTA 634 lawal motolani nafisat INDUSTRIAL FILTER 04/04/2022 419.00 20,000.00 PTA 635 GWARJO UMAR MUHAMMAD 14T DRUM AXLE 04/04/2022 419.00 20,000.00 PTA 636 CHIADIKOBI IKEMEFUNA GODWIN PNEUMATIC VALVE 04/04/2022 419.00 20,000.00 PTA 637 ABUBAKAR ADAMU SADAU ELECTRICALS AND FLOODLIGHTS 500W 04/04/2022 419.00 20,000.00 PTA 638 BABAOYE olabosade gbemisola IRRIGATION WATER PUMPS 04/04/2022 419.00 20,000.00 PTA 639 UKPABIA IRENE HIGH PRESSURE DECORATIVE WALL PAPER 04/04/2022 419.00 20,000.00 PTA 640 SANYAOLU OLUWAFUNKE TOSIN HIGH PRESSURE DECORATIVE WALL PAPER 04/04/2022 419.00 20,000.00 PTA 641 CHUKWUKA AARON ERUEMULOR ALUMINIUM COIL 04/04/2022 419.00 20,000.00 PTA 642 OTUBU ABDULLAH GBENGA EDGE TAPE 04/04/2022 419.00 20,000.00 PTA 643 BASSEY STANLEY ENO 14T DRUM AXLE 04/04/2022 419.00 20,000.00 PTA 644 SAIDU MOHAMMED BULAMA SOLAR CELLS WHETHER OR NOT IN MODULES 04/04/2022 419.00 20,000.00 PTA 645 PIUS UBONG UDOFIA ELECTRICAL INSULATORS 04/04/2022 419.00 20,000.00 PTA 646 DARWICHE NDIFREKE IDIO AIR DRYER 04/04/2022 419.00 20,000.00 PTA 647 HABIB MUHAMMAD BALARABE YARN 04/04/2022 419.00 20,000.00 PTA 648 Nafiu Abdullahi AIR DRYER 04/04/2022 419.00 20,000.00 PTA 649 OKE ADEBAMKE EFUNWUNMI AIR DRYER 04/04/2022 419.00 20,000.00 PTA 650 AMEH ABRAHAM OKPEH TRANSMISSION VALVE 04/04/2022 419.00 20,000.00 PTA 651 MUSTAPHA SEKINAT AMOKE TRANSMISSION VALVE 04/04/2022 419.00 20,000.00 PTA 652 MOSES DAVID ITOPA FOG LAMPS 04/04/2022 419.00 20,000.00 PTA 653 SANYA MARGARET ADEDOLAPO PVC INSULATED WIRE 1.5 MM2/90 YARDSPVC INSULATED04/04/2022 WIRE 2.5MM2/90 419.00 YARDS20,000.00 PTA 654 ABUBAKAR IDRIS BUGAWA Machines for cleaning,sorting or grading seed,grain 04/04/2022 419.00 20,000.00 PTA 655 UDEFIAGBON IGHODARO FRANCIS LABORATORY INSTUMENTS/ EQUIPMENT 04/04/2022 419.00 17,556.21 PTA 656 MADU NZUBECHI JUSTICE Electric accumulators, including separators, including seperators 04/04/2022 419.00 20,000.00 PTA 657 SUNMOLA ALUJANNAT ABAKE AUTO LAMP 04/04/2022 419.00 20,000.00 PTA 658 ENYICHUKWU THEOPHILUS AGRICULTURAL DRIVING PLATE 04/04/2022 419.00 20,000.00 PTA 659 OMOKRI RICHARD EJIRO finished goods 04/04/2022 419.00 20,000.00 PTA 660 adegbe ohiemi emmanuel

THEWILLNG

THEWILLNIGERIA

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

04/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022

419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00

20,000.00 1,000.00 2,000.00 3,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

PAGE 33

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com RETURNS ON UTILIZATION OF FUNDS PURCHASED FROM THE CBN AS AT FRIDAY, APRIL 08, 2022 SN

661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770

CUSTOMER

GYOH AVERSHIMA ALIMI AFEEZ MOBOLAJI OGUNNUSI BOLANLE OMOTOKE AJADI MOTUNRAYO FASINU SEGUN SEYON BASHIRU QUASIM OLAWALE OLAWALE SANYA OLUMAYOWA JOHNSON ADENIJI QUADRI AJIBOLA OLABODE-ALUKO FUNMILOLA FUNMISHO uzoekwe cynthia CHINENYE AMOBI CHIDIEBELE JOSEPH ALI TIJANI GEIDAM MUSTAPHA IBRAHIM NDJIDDA OJUKWU JOAN EZINNE EZINNE OLANIYI SAMMY ABRAHAM BULURO ADEOLA JOSEPH PETERS ILEMILU MARIAM ILABOYA NOBLE OLOHIMAI ORE ADENIKE FOLASHADE ADEBAYO MUTIAT MAYODELE USMAN YAHYA OYINOYI YOUNG-ARAGBAIYE GRACE OMOWUNMI GARBA KAMALU BISU MUSTAPHA BABAGANA JOSEPH EMMANUEL ONYEAYANA ARIMSON AUSTIN ODINAKA OSIFUYE OLUFUNMILAYO ADESANYA MOLOKWU IFEANYI DERIBE ABUBAKAR KURI BATUR SEHEMBA DAVID ASUBIOJO MOYOSORE OLAYINKA oyewumi oyebanji kehinde INEDU VICTOR ODAIKWU ANEKE PASCHAL ABDURRAHMAN HAFSA MUHAMMAD ADAMU KHADIJA IBRAHIM UMAR MOHAMMED JAH GWARJO MUHAMMAD YAHAYA YOUNG-ARAGBAIYE FLORENCE OSAWE OSASENAGA ADEOSUN OPEYEMI WILLIAMSON LAWAN JAMILU UMAR LAWAN MUSA UMAR PHILLIPS ABAYOMI MODU ABUBAKAR ALHAJI ALAYO OLUWASEUN OYINDAMOLA MAIDABINO AISHA MUKHTAR Kolawole Joseph Oluwaseyi OYEGUNLE ADEBIMPE FATIMO ADEBAYO GBENGA ELIJAH OKWUSOGU IKEM THEODORIC EKIH NDUKA FRANCIS ISHAQ SAIFULLAH BELLO DADA BABATUNDE ADEBAYO Okeke Valentine Kelechukwu MESELE ADETUTU MORONKEJI THOMAS OFONIMEH IHUA-MADUENYI CHARLES UDOKA OKOROFU OYEKUNMA PATIENCE NZEWI CHINONYE EKPO EMMANUEL MOSES FAMUREWA TOBI DIPO MAHMUD MUHAMMAD ADESANYA ADEOLU OLABISI AJIKE OLADAPO AKINTOYE OKWUSOGU NKEMAKONAM JANE AGUJIOBI NONSO IGNATIUS DARAMOLA MAGRET ODUNAYO HASSAN HAUWA OMOLEMI ENO UDUAKOBONG AKPAN MUSA AMINA SANI CHUKWURAH JULIANA EBEHIREME IBRAHIM UMAR FAROUK NWEKE ROSEMARY OBIAGELI CHIADIKOBI CHINYERE JUDITH ANEKWE ANTHONY NNAYELU ORELAJA ADEBUKONLA ADEDOYIN MOJEED ZAINAB IHEAZAI AJADI KEHINDE ANIFAT ADEKUNLE KEHINDE OLANIKE ADEWALE ALABA AYODELE TILLEY-GYADO JERRY MOHAMMED BINTA ABDULKADIR MUHAMMAD WAYA DAUDA MUHAMMAD ABDUL JUDITH ABIMBOLA LADIPO LANREWAJU TUTUOLA OLUWADARE SAMUEL AKINREMI SHOBO OLUMIDE OMOLAJA EL-RUFAI SARATU BASHIR BAMGBADE OLUWASEUN ADEJARE OMOGUNLOYE TEMITOPE ABIODUN NDUAKA CHINERO MARYANNE NWAFOR CHIDI NESTA SOMORIN ROTIMI KOLAWOLE IDAWU GOODLUCK UTAINAH YAKUBU HALIMA ABDULRASEED OLAWOYIN IDOWU AKINBODE OLATUNJI AKANBI BANKOLE OLUFUNMILAYO ANU ONYECHI CHUKWUEBUKA DOMINIC GARBA HARUNA TAFIDA AUWALU GALI AKINLOSOTU OLUWASEGUN MICHAEL SALAMI OLADAPO HABIB OLANREWAJU TEMITAYO OLASUNKANMI AKINFIRE TOLULOPE EMMANUEL EKPO HANNAH OBETEN OJO KEHINDE OLANREWAJU OMORDIA VICTOR OGOCHUKWU

PAGE 34

ITEM OF IMPORT

PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022

419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00

4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

SN

771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880

CUSTOMER

MUSA IBRAHIM MOHAMMED AMOSU NINIOLA JULIANAH GOLO MARY ONAYINKA OLUYEMI OLUFUNSO OGUNKOYA JOHN OLUFEMI FARI-AROLE MARGARET OLUBUKOLA ANI OLUMAYOWA OMODARA IFEZULIKE ROSE NGOZI CHINWUB DAVID OKEZIE IFEZULIKE CHIDOLUE DAVID ADEJUWON BABATUNDE ADENIYI EZENYILI CHINEDU ABILAWON BILIKI BOLAJI ANYIRA RITA OBIANUJU ANIEKAN-ATTAI IJEOMA AMUCHE OLOWE SAHEED ADEDOYIN TIJANI MICHAEL OLUWASEGUN OKWUDIAFOR PAUL OGUGUA OLAWALE OMOWUNMI ADEYEMI OLURONKE MARGARET SANI ABDULHADI MUSA MANZZUR SEMAAN MARIO JOSE ABDULLAHI MURJA HAMISU NWAKA EMMANUEL OGOCHUKWU Fajimi Omolayo Olufunmilayo BROWN-NJOKANMA MARY IKEBUKWU ONYINYE DOREEN ahotu emmanuel chibuzo AINA SEGUN OKOROCHA IKECHUKWU GODSPOWER ABDULLAHI LUKMON O ANTIGHA ANTIGHA OTU OMATSEYE EDWARD FOUAD MAROUN DAABOUL OBIONU CHINONSO GODBLESS KABIRU YAU ABDULLAHI OMORDIA HAPPY NKECHI UDUOJIE FREDRICK ASUNUKEGBE DARAMOLA EMMANUEL FINYIN ADIGUN GBENGA TAIWO ONONUJU CHIOMA MARIAN ABAH OYIJE LILIAN NYONG ROSEMARY DANIELS NNEKA IFEYINWA ejikeme chioma nnenna SANI YAHAYA OBOREVWORI ONORIODE JOSHUA EZEBUIRO MOSES JUNIOR ODINAKA OMEKE IFEANYI COLLINS IBRAHIM SAFIYA ASABE BUBA ALHAJI ABDULLAHI KELEKUN ADENIKE TITILOLA SILVA KEHINDE JAMES UDOSEN MICHEAL EDET ISYAKU IBRAHIM SUNUSI ADIGUN PATIENCE IBRAHIM RILWANU MILO WILLIAMS OLAJIDE OLATUNJI OBIALO UCHECHUKWU EMMANUEL IHEJIRIKA CHIMEZIE AUSTIN OKOLIE CHINENYE YAKUBU KABIRU ADEOYE CHIKERE CHARLES CHIGOZIE OJULARI RASHEED OLALEKAN ADETAN-OMOGUNLOYE OLABOWALE ALICE ZUBAIR HAFSAT SANI UMAR FAROUK ABDULKADIR OKORO CHIJIOKE SAMUEL NAJUME LAWAN EJEKHILE PAUL IKHAZUANGBE ORJI CHINWEOKE NGOZI FALOYE OMONIYI KOLAWOLE AHMED FATIMA ABUBAKAR Okuntola Abisola Ifemipo ABDULSALAM HASSAN ALHAJI ABAH PETER OGWUCHE LAWAL ADEOLA OLUBUNMI MUHAMMAD AISHA MUSTAPHA SUFIAN LAWAL NWOSA EMMANUEL UBAJUMAKA OHIWEREI IHINOSEN ABDULLAHI MUSTAPHA SHUAIBU SUNUSI ABUBAKAR SHITU LAILA IDRIS areghan odion ighodalo ABDULLAHI DAUDA OGUNWOLE ADEBOYIN ABIODUN Oamen Joseph OZIEGBE OZOR CHIGOZIE KENNETH EZEBUIRO ENE GRACE NWANORUE IKENNA AUGUSTINE ZIMUGHAN JUDE EBIKABOWEI KABARA AUWAL HALABI SANGOSANYA AYOYEMI OLUYOMBO ALIYU IBRAHIM BABANGIDA AGBOADE OLUWAYOMI ADEWUMI OLAPADE AYOBAMI DAVID ADEOSUN OLUWADAMILOLA ADEBUKOLA FAJEMIYO OLUKEMI ASHABI IBE VICTORIA CHINYERE OKAFOR MADUKA SAMSON EZENYILI CHUKWUEMEKA EMMANUEL Nwakanma Amara Loveth ADETONA OLUMUYIWA AKINWALE MUKHI IFIEMIEMI SAMUEL JOHNSONS CHIEDOZIE SAMUEL AHMAD ABUBAKAR ABUBAKAR AKUBUEZE TEMPLE CHIBUNNA IZUOGU OLUCHI ADESEWA EMMANUEL LYDIA ESSIEN

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

ITEM OF IMPORT

PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA PTA

THEWILLNIGERIA

05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022 05/04/2022

THEWILLNG

419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00 419.00

4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

THEWILLNIGERIA

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com RETURNS ON UTILIZATION OF FUNDS PURCHASED FROM THE CBN AS AT FRIDAY, APRIL 08, 2022 SN

881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990

CUSTOMER

Muhammad Abdullahi TOFA HADIZA BABA idawu amenaghawon sandra saleh auwalu kilawa EZEWU VIVIAN UCHECHI OMOEFE-OKORO AGHOGHO NKANOR WINSTON EKONG EBITI ABUBAKAR FATIMA AKERELE SEGUN BABATUNDE IRABOR THERESA AIYANOMON ELEREWE LUCKY ANDREW ABOLARINWA OLUWAFEMI FELIX EDOKPA OLUWATOYIN OYEBOLA OKORIE MIRACLE CHINECHREM ENO EKAETTE AKPAN ENO AKPAN ABRAHAM BUKAR BABAGANA LAWAN MUOGHALU SOMTO CHRISTIAN ABIODUN OLUWASEUN DAKAIYE ABISOYE KOFOWOROLA IGE ADEBARE VICTOR OYENIYI ADEBOLA NASIRUDEEN ADEWUYI ADEBOLU BUKOLA AKINADE ADEDAPO MOSES ADEPEGBA ADEDAYO AFEEZ ADENEKAN ADEDOYIN ADEIGBE ADEKUNLE O. AYODEJI ADENIRETI ADETOLA MOSHOBALAJE ADETUTU TITILAYO ALADE AJIRIOGHENE OGHENEROGBOME ODE-IRRI AKACHI JOSEPH AWA AMOS OLUWASEUN JOLAYEMI ANIUVI MOSOPE HUNDEYIN ANTHONIA ADAEZE OKOBAH ANTHONIA ADAEZE OKOBAH AUGUSTINE AMAECHI OKO AWOKOYA AZUBUIKE NWABUIKE NWAGBO AZUKA CHIOMA NNOLI Augustine Ujah BIODUN GBENGA TANIMOLA BLESSING OYELEKE BOLUWATIFE SAMUEL ADEFEMIWA CANYON CREDITCASA NIGERIA LIMITED CHIDIOGO PRINCESS CHUKS CHINENYENWA OBIANUJUNWA OGUCHI CHIOMA PAULA EZEKOKA CHIOMA VIVIAN KANU CHIWENITE ALOYSIUS ANICHEBE COLLINS ONYEKACHI EZUGWU CYNTHIA OGONNA AKAFORONYE Chukwunonso Nnaji DOLAPO OMOWUNMI AINA DORCAS OYINLOLA UTOMI EDAFE CLINTON OTA ELVIS EKWE EMEKA EMMANUEL EZE EPIPHANY INSURANCE BROKERS ERHUVWUOGHENE BENJAMIN AKPOVERO ESEOSA OBANOR EZEKIEL OLUWOLE AJOSE FRANCA UCHENNA SANYAOLU IFEANYI JOHN MADUKA FOLAJUWON MICHEAL AJAYI GODWIN ONYEBUCHI OMEREONYE HURARATU IYABO AMOSA IBIJOKE OMOTOLA ZAKARIYA IHEANACHO C ODIMEGWU IKENNA R UKPABIA IRUOMA N ANADU ISAAC OLUGBEMI AKINWALE JANE OJIUGO ANYANWU JEMILA ABDULLAHI-OLOWA JERRY NDUKWE UKANDU JESSY A. MILTON JOSHUA OLALEKAN ADEBOMEHIN JUDITH ONYEKACHI EJIOFOR KANU PRINCE CHIBUZOR KENNETH JINDU EZIASHI KENNETH JINDU EZIASHI KOSI IRENE ONYENKWO LAURA ESEOGHENE AKPE LOVETH OYENIKE AYETOBA LUCKY EMOJEYA MARTIN C IGWE MARY C AKAGBUSI MARY EBAIDE OJEME MICHAEL OKERE MICHAEL E AGBOIFOH MR & MRS LAMIDI BOLA MUTHOLIB BABTUNDE AROWOLO MUTMAEENAH MOJISOLA HASSAN NICHOLAS OSEMWENGIE ISIBOR NKONYEASUA LINDA OMORDIA OBIAGELI MARYJANE CHUKWUEMEKA OLABIMPE DOLAPO IJADARE OLADIPUPO AKINKUNMI MOBOLAJI OLALEKAN JAMIU MOSHOOD OLAMIDE OLAITAN FASUBA OLISA EMEKA OBIKA OLUWAKOREDE AYODELE BABATOPE OLUWASEUN DORCAS OWOLABI OLUWASEUN S AWOFODU OLUWATOSIN DEBORAH OMONUWA ONUNKWO ELFREDA E & JOHNBOSCO ONYINYE AUGUSTINA UGBOMAH OSADOLOR KESTIN OMORODION OTEHERI ODJENI Priscillia Oseghale REMALIAH IHEANYI IHECHIKARA

THEWILLNIGERIA

ITEM OF IMPORT

DATE OF FUND EXCHANGE PURCHASE RATE AMOUNT

SN

CUSTOMER

ITEM OF IMPORT

DATE OF FUND PURCHASE

EXCHANGE RATE

PTA 05/04/2022 419.00 4,000.00 UPKEEP IFO CHIMEZIE IBE 05/04/2022 419.00 991 SHALOM CHINYERE NWENDU PTA 05/04/2022 419.00 4,000.00 maintenance / upkeep 05/04/2022 419.00 992 SODIQ BABATUNDE AKANDE PTA 05/04/2022 419.00 4,000.00 tuition fee 05/04/2022 419.00 993 SODIQ BABATUNDE AKANDE PTA 05/04/2022 419.00 4,000.00 TUITION 05/04/2022 419.00 994 STEPHEN OLATILEWA OGUNYEMI PTA 05/04/2022 419.00 4,000.00 SCHOOL FEES 05/04/2022 419.00 995 SUNDAY DAMUDI PTA 05/04/2022 419.00 4,000.00 TUITION FEES 05/04/2022 419.00 996 SUNDAY PAUL NWAOBI PTA 05/04/2022 419.00 4,000.00 school fees 05/04/2022 419.00 997 TAIWO JONAH PTA 05/04/2022 419.00 4,000.00 LIVING EXPENSE 05/04/2022 419.00 998 TEMITOPE OSO-AYOOLA PTA 05/04/2022 419.00 4,000.00 TUTION FEES FOR TEMITOPE BOLARINWA EKUJUMI14 05/04/2022 419.00 999 TEMITOPE BOLARINWA OKAFOR PTA 05/04/2022 419.00 4,000.00 UPKEEP/ MAINTAINANCE 05/04/2022 419.00 1000 TIMOTHY IHEANYI IHEANYI-IGWE PTA 05/04/2022 419.00 4,000.00 UPKEEP 05/04/2022 419.00 1001 TOLUWALEMI TOMIDE ALONGE PTA 05/04/2022 419.00 4,000.00 LIVING EXPENSE ALLOWANCE 05/04/2022 419.00 1002 TOYEEB KAYODE TAIWO PTA 05/04/2022 419.00 4,000.00 IMABONG ELIZABETH AFANIDE TUITION 05/04/2022 419.00 1003 UWEM AFANIDE PTA 05/04/2022 419.00 4,000.00 PART PAYMENT OF TUITION FEES FOR OBAZEE VICTOR OSARO 05/04/2022 202120539 419.00 1004 VICTOR OSARO OBAZEE PTA 05/04/2022 419.00 4,000.00 EDUCATION 05/04/2022 419.00 1005 VICTORIA DAIRO PTA 05/04/2022 419.00 4,000.00 TUITION FOR ERONDU VIVIAN CHIDINMA 05/04/2022 419.00 1006 VIVIAN CHIDINMA ERONDU PTA 05/04/2022 419.00 4,000.00 Higher Education services 05/04/2022 419.00 1007 VIVIAN ONYINYECHI AZUBIKE BTA 05/04/2022 419.00 5,000.00 UPKEEP AND MAINTENANCE FOR VIVIAN ULUNMA NWOSU; 05/04/2022 UB NO:21036248 419.00 1008 VIVIAN ULUNMA NWOSU MAINTENANCE/UPKEEP FOR ABIODUN OLUWASEUN DAKAIYE 05/04/2022 419.00 5,304.00 school fees 05/04/2022 419.00 1009 WHYTE A EJEDIMU TUITION FEE FOR ABI 05/04/2022 419.00 1,989.00 TUITION FEE IFO AGOMUO CHINONYEREM 05/04/2022 419.00 1010 chinonyerem queeneth agomuo personal upkeep 05/04/2022 419.00 3,461.00 PTA 06/04/2022 419.00 1011 DERIBE NDELLA ZANNAMUSTAPHA UPKEEP FOR ABDULLAHI AYOOLA ADEWUYI 05/04/2022 419.00 13,260.00 PTA 06/04/2022 419.00 1012 OLALEYE Bukola Roseline MAINTENANCE/UPKEEP 05/04/2022 419.00 12,597.00 PTA 06/04/2022 419.00 1013 OSHUNDAIRO SEGUN DAVID living expense / accommodation 05/04/2022 419.00 9,215.70 PTA 06/04/2022 419.00 1014 AWOFISAYO OMOWUNMI OLUFOLAKE STUDY DEPOSIT FOR ADENEKAN ADEDAPO 05/04/2022 419.00 7,316.87 PTA 06/04/2022 419.00 1015 AJAYI AYODEJI OLUSEGUN UPKEEP FOR STUDENT 05/04/2022 419.00 1,000.00 PTA 06/04/2022 419.00 1016 OSHUNDAIRO OLUWASEUN MODUPE TUITION FEES 05/04/2022 419.00 2,462.70 PTA 06/04/2022 419.00 1017 GUJIYA ELLEN HELEN TUITION FEE 05/04/2022 419.00 8,619.00 PTA 06/04/2022 419.00 1018 ADEDEJI OLUWASEYI OLAYINKA TUITION FEES IFO ADETUTU TITILAYO ALADE 05/04/2022 419.00 6,762.60 PTA 06/04/2022 419.00 1019 ADEDEJI ADEWALE TAJUDEEN LIVING EXPENSE IFO MUBARAQ OYEYEMI 05/04/2022 419.00 10,608.00 PTA 06/04/2022 419.00 1020 UMAR HAFSAH school fees 05/04/2022 419.00 10,608.00 PTA 06/04/2022 419.00 1021 OKORAFOR NGOZI BIDDY School fee 05/04/2022 419.00 3,447.60 PTA 06/04/2022 419.00 1022 OKE DAMILOLA EBUN SCHOOL FEES - INITIAL DEPOSIT 05/04/2022 419.00 2,652.00 PTA 06/04/2022 419.00 1023 AJAYI ASABE ERICA LIVING EXPENSES FOR CHIMDIMMA VALERIE OKOBAH DIKE 05/04/2022 419.00 1,200.00 PTA 06/04/2022 419.00 1024 AZEEZ OLATUNDE ACCOMODATION FEE FOR JENNIFER CHIGOZIEM OKOBAH05/04/2022 DIKE 419.00 1,008.00 PTA 06/04/2022 419.00 1025 UDEGBULEM UCHE NANCY PAYMENT IN FAVOUR OF EMMANUELLA OKO 05/04/2022 419.00 4,731.80 PTA 06/04/2022 419.00 1026 MAIYAKI STEPHANIE KWATLONG UPKEEP/MAINTENANCE 05/04/2022 419.00 3,500.00 PTA 06/04/2022 419.00 1027 ABDULLAHI BASHIR school fees payment 05/04/2022 419.00 1,215.00 PTA 06/04/2022 419.00 1028 SOLARIN ADEBOLA KEHINDE UPKEEP ALLOWANCE FOR CHINECHEREM ODOGWU NNOLI05/04/2022 - STUDENT ID-3515700 419.00 1,350.00 PTA 06/04/2022 419.00 1029 BOBOYE WITHNEY OLAYEMI SCHOOL FEES 05/04/2022 419.00 5,208.00 PTA 06/04/2022 419.00 1030 OKHUASOGIE IZEDUWA TUITION 05/04/2022 419.00 8,552.70 PTA 06/04/2022 419.00 1031 OKERE NNADOZIE FREDPAUL TUITION 05/04/2022 419.00 5,656.00 PTA 06/04/2022 419.00 1032 OSUNSANYA TOLULOPE OLAMIDE POSTGRADUATE STUDIES 05/04/2022 419.00 2,652.00 PTA 06/04/2022 419.00 1033 EJIOFOR UWA PETER TUITION FEES IFO IBITOMI AJOKE 05/04/2022 419.00 7,956.00 PTA 06/04/2022 419.00 1034 ADEBAYO MOBOLAJI OLUWASEUN TUITION FOR PRINCESS CHIDIOGO CHUKS 05/04/2022 419.00 4,419.56 PTA 06/04/2022 419.00 1035 IDAEWOR KELVIN IGUENEGBEME SCHOOL FEES FOR CHINENYE OGUCHI 05/04/2022 419.00 5,783.40 PTA 06/04/2022 419.00 1036 SOMEFUN ADERONKE OLUWAYEMISI TUITION DEPOSIT FEE IFO CHIOMA PAULA EZEKOKA - 2214608 05/04/2022 419.00 6,099.60 PTA 06/04/2022 419.00 1037 NWOHA UZOAKU TUITION FE 05/04/2022 419.00 1,989.00 TUTION FEES 06/04/2022 419.00 1038 BABA MUSTAPHA DUNOMA EDUCATION 05/04/2022 419.00 11,934.00 Upkeep/Maintenance 06/04/2022 419.00 1039 FRANCA UCHENNA SANYAOLU TUITION FEES FOR COLLINS ONYEKACHI EZUGWU - 2504504 05/04/2022 419.00 2,652.00 TUITION FEE INFO KEHINDE KOLADE FASHOGBON 07/04/2022 419.00 1040 BABATUNDE OPEYEMI HASSAN tuition 05/04/2022 419.00 6,630.00 TUITION FEES DEPOSIT FOR CHIAMAKA ELSIE NJOKU. STUDENT 07/04/2022 ID: 22044952 419.00 1041 CHIAMAKA ELSIE NJOKU EDUCATION 05/04/2022 419.00 10.53 EDUCATION 07/04/2022 419.00 1042 FATAI AGORO TUITION FEE IFO DOLAPO OMOWUNMI AINA 05/04/2022 419.00 3,978.00 TUITION FEE FOR JAMAL 07/04/2022 419.00 1043 JAMALUDDIN MUHAMMAD HAMZA school fees 05/04/2022 419.00 9,945.00 LIVING EXPENSES 07/04/2022 419.00 1044 PATRICK A IDIAKE tuition fee 05/04/2022 419.00 4,472.00 TUITION FEES FOR EKWE ELVIS PHHEMINOGHENA 05/04/2022 419.00 11,213.68 TUITION FEE FOR EMMANUEL CHIBUZO JOSHUA 05/04/2022 419.00 4,906.20 RETURNS ON SOURCES OF FUNDS SOLD TO CUSTOMERS AS AT FRIDAY, APRIL 08, 2021 PERSONAL UPKEEP FOR NKENNA NICOLE NKWONTA - STUDENT 05/04/2022 ID-2406578 419.00 2,000.00 SOURCE DATE OF FUNDS PURCHASED S/N EXCHANGE RATE AMOUNT school fees 05/04/2022 419.00 8,037.00 04/04/2022 417.00 4,000,000.00 1 CBN school fees 05/04/2022 419.00 5,666.66 04/04/2022 417.00 4,100,000.00 2 CBN EDUCATION 05/04/2022 419.00 11,256.00 Upkeep/Maintenance 05/04/2022 419.00 183.00 SCHOOL FEES 05/04/2022 419.00 8,217.00 PAYMENT OF UPKEEP/MAINTENANCE IN FAVOUR OF FOLAJUWON 05/04/2022 MICHEAL 419.00 AJAYI -UNIVERSITY 5,967.00 OF SALFORD MANCHESTER UK TUTION FEE IFO OMEREONYE DELPHINE UKANAKA 05/04/2022 419.00 7,293.00 UPKEEP AND ACCOMMODATION 05/04/2022 419.00 6,630.00 TUITION FEES 05/04/2022 419.00 7,956.00 SCHOOL FEES 05/04/2022 419.00 2,520.00 EDUCATION 05/04/2022 419.00 10.00 TUA442499361 TUITION PAYMENT IFO AUGUSTINE EKECHUKWU 05/04/2022 419.00 766.00 SCHOOL FEES 05/04/2022 419.00 3,315.00 tuition fees 05/04/2022 419.00 4,018.50 TUITION FEES IFO JEMILA ABDULLAHI OLOWA 05/04/2022 419.00 7,560.00 TUITION FEE FOR JERRY 05/04/2022 419.00 704.34 LIVING EXPENSE IFO ZAINEB OLUBUKOLA MILTON 05/04/2022 419.00 1,591.20 tuition fees 05/04/2022 419.00 3,978.00 TUITION FOR JUDITH ONYEKACHI EJIOFOR 05/04/2022 419.00 4,419.56 school fees 05/04/2022 419.00 14,586.00 school fees 05/04/2022 419.00 15,000.00 tuition fees 05/04/2022 419.00 15,000.00 TUTION FEE IFO IRENE ONYENKWO 05/04/2022 419.00 5,304.00 school fees 05/04/2022 419.00 2,453.10 TUITION FEES 05/04/2022 419.00 5,304.00 007896897 05/04/2022 419.00 2,520.00 EDUCATION 05/04/2022 419.00 894.40 living expenses payment ifo ebube akagbusi 05/04/2022 419.00 6,630.00 initial deposit of Tuition fee 05/04/2022 419.00 2,520.00 EDUCATION 05/04/2022 419.00 18.53 tuition fees 05/04/2022 419.00 4,641.00 TUITION FEE 05/04/2022 419.00 5,793.67 tuition fee 05/04/2022 419.00 8,174.86 upkeep 05/04/2022 419.00 1,989.00 living expense / accommodation 05/04/2022 419.00 9,149.40 Part School Fees Payment -Ewere Pamela Nwokoro 05/04/2022 419.00 2,652.00 SCHOOL FEES FOR CHUKWUEMEKA MARYJANE OBIAGELI 05/04/2022 419.00 5,304.00 SCHOOL FEES FOR IJADARE 05/04/2022 419.00 1,326.00 education 05/04/2022 419.00 7,956.00 UPKEEP 05/04/2022 419.00 3,000.00 UPKEEP IN FAVOUR OF FASUBA OLUWATUNBOSUN 05/04/2022 419.00 1,326.00 TUITION FEE FOR OBIKA 05/04/2022 419.00 994.50 MAINTENANCE AND UPKEEP FOR BABATOPE BABAJIDE OLUSHOLA 05/04/2022 419.00 6,630.00 FUNDS FOR UPKEEP 05/04/2022 419.00 6,630.00 TUITION FEE DEPOSIT FOR AWOFODU OLUWASEUN SAMUEL 05/04/2022 419.00 6,630.00 MAINTENANCE ALLOWANCE FOR OMONUWA OLUWATOSIN 05/04/2022 DEBORAH 419.00 7,293.00 school fees 05/04/2022 419.00 11,383.71 PAYMENT FOR ROOM 4, 34 RIPON STREET, LINCOLN 05/04/2022 419.00 1,265.00 MAINTENANCE/UPKEEP 05/04/2022 419.00 13,260.00 TUITION FEE 05/04/2022 419.00 4,615.00 POSTGRADUATE STUDIES 05/04/2022 419.00 11,403.60 FEES 05/04/2022 419.00 1,989.00

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AMOUNT

6,630.00 6,630.00 5,304.00 3,257.33 3,330.00 9,945.00 10,608.00 3,978.00 1,902.81 13,260.00 6,630.00 10,608.00 2,109.00 1,326.00 7.14 1,457.27 466.20 3,978.00 2,552.50 3,978.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 2,606.00 767.00 1,315.00 7,225.82 7.74 2,000.00 1,500.00

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SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 THEWILL NEWSPAPER • www.thewillnigeria.com

LAYCON

...Still In Search of Fulfillment

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SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com

Olamilekan Agbeleshe, also known as Laycon, became a household name after winning the Big Brother Naija RealityTV Show Season Five. His victory opened doors and launched him into the limelight. In this interview with SHADE WESLEYMETIBOGUN, he speaks on his music career, the reality show and sundry issues.

Excerpts:

BIG BROTHER NAIJA CHANGED MY LIFE – LAYCON H

ow has life been since you won the Big Brother Naija Reality TV Show in 2020?

Life has really changed. The platform gave me a chance to showcase myself and put me out there. I am reaping the benefits of that reality show now. I have been able to use that one chance to improve myself and chase my dreams. My fan base also grew because of the show, it was a life changing opportunity and I am very grateful for it.

Which was your most treasured moment at the BBN House?

My most treasured moments were the moments my songs were played at the house parties. You can imagine the whole of Nigeria and even part of Africa listening to what I had to offer. Those moments made me feel on top of the world.

Who were your favourite housemates?

I think every single person shared something with me, beautiful moments, insight, laughter, etc. All were impactful and led to great moments on the show. I actually cherish and admire every single one of them.

What are the lessons you learnt from the reality show?

Always be prepared to make the most of any situation you find yourself. Believe in yourself, regardless of what anyone says.

Apart from the cash prize you won and other items that came with it, in what other way has the show made you a better person?

The reality show gave me a platform to showcase my personality and my talent, which in turn opened a lot of doors and opportunities to improve myself.

You once stated that the purpose of going on the reality show was because of your music career. Looking at how much progress you have made in your career, can you say that the purpose has been achieved?

The purpose of going to the reality show was fully achieved. And I have been able to sell myself to millions of people around the world. My songs have made it to the top music charts in far flung countries of the world. I have travelled to several countries and have seen immense support and positive response to my music. It was really worth it. And I can also say it's a dream come true for me.

Some other contestants at Big Brother Naija are musically inclined. Are you thinking of collaborating with any of them?

I collaborated with Victoria Adeyele, also known as Vee in the song, Enter my Head, which is a fantastic effort by the talented lady. Any time there is an opportunity to collaborate with musically inclined creatives, I will take it. So in the near future, I will definitely work with more ex-Big Brother Naija creative artists.

You have been receiving offers to act in movies, but you keep turning them down. Why? Right now, I'm paying a lot of attention to my work as a recording and performing artist. There are many talented actors out there doing very well. I will need to learn from them, study the skills and methods required before I say I'm ready. At some point in time, maybe in the near future and maybe not, but right now, my attention is on my music career.

Your concert, Iconfest, was a huge success. How does it feel achieving such a great feat?

It really feels good. I believe it will continue till I stage another THEWILLNIGERIA

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event that will surpass that record. The support from brand partners, fans, my iCONs and my team was huge. I feel that it came at the right time and it was a good reward for all the hard work that we Agbeleshe put in. The crowd sang my songs word for word, even the mixtape songs. It was surreal. A lot of my fellow artistes also came to support me. It gave me a great sense of fulfillment.

Are you planning to make it an annual event?

I love the intimacy and the energy of live events. I always look forward to days like that. I will definitely look into making it a recurring event.

Your last released album Shall We Begin received massive airplay and topped the chart for a long time. Which of the songs in the album is your favorite and why?

Shall We Begin is the first body of work I released after I emerged winner of Big Brother Naija. It mirrored my mentality of 'now that I have been introduced, it's time to get into the main event'.

It wouldn't be good to disappoint fans who voted for me on Big Brother Naija. A lot of them were expecting the best from me.

And I am grateful that my fans appreciated the effort. It was great working with all the collaborating artists and producers on that album. It felt really great. I don't have a favourite record in the album, but my mom's voice note at the beginning always brings a smile to my face anytime I play the album.

You chose rap music. Why? My genre of music is Afro rap. It is a fusion of Hip hop with Afrobeats with elements of other genres. I don't believe in limiting myself to one music genre. I have always been a rap artiste, but I also make other kinds of music as well. A good artist should be versatile.

What are some of the challenges of being a rap artiste in Nigeria?

Music from Nigeria has evolved and it is gaining more acceptance and worldwide recognition. There are challenges generally, but they are not specific to my genre alone. I think we need to start making music that can relate with the everyday man, we will surely make an impact, regardless of the genre it falls into.

What inspires your music?

My everyday life and experiences inspire my music. My relationships, what I go through and what my friends and family go through. Also, the conversations I have with my acquaintances inspire my music.

How did you conceive your stage name Laycon?

Laycon was derived from my first name 'Lekan'.

How was growing up without your dad?

My dad passed away in 2017, which is not too long ago. It was devastating, but my mother did all she could to cushion the psychological and financial effects of the tragedy on us.

One of your plans was to lavish part of your cash prize on your mother. Were you able to achieve that goal?

I won't go into detail, but, yes, I was able to do that and more. I have been able to earn more money through a few things I have

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Agbeleshe done. So I will definitely do more for her than I initially planned.

The most important part of getting money is financial intelligence and being able to manage the money and resources you have.

Most people don't think of that. I guess I was lucky to realise that early and I was able to put it into practice.

You hardly talk about your family except that your father is late and your mother took care of you in his absence. What about your siblings?

The rest of my family live a pretty private life. Just because I have become a public person, I don't think it will be fair to push them out there. My brother Abayomi is always with me and he is seen in pictures with me. He is also a member of my team. He featured in my reality series on Showmax I am Laycon along with a brief appearance from my other brother, Tope. If there is any reason for them to be out there and if they want it, the world will learn more about them.

Are you in a relationship right now?

I am definitely not talking about relationships. I have a lot of friends, though.

PAGE 37

SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com

STORIES BY SHADE WESLEY-METIBOGUN

For Unveiling Fiancée, Tim Godfrey Loses 3 Female Band Members

LANDWEY INVESTMENT BOSS, OLAWALE AYILARA, ACCUSED OF FRAUD

Ayilara

F

raudulent dealings with customers by real estate firms appear to be on the rise. Just like how Bamidele Onalaja and his wife, Tolulope of Revolution

Plus property allegedly duped customers of their hard earned money, another real estate firm, Landwey Investment Limited owned by Olawale Ayilara has been accused of fraud by a Nigerian based in the United Arab Emirates.

The entrepreneur revealed that he was made mouth-watering offers, which were convincing enough for him to lure him into making an initial deposit of N5 million for a property in June 2020.

Later, he paid another sum of N37 million. After this, Ayilara told him that his choice building was no longer available, but he promised to give the customer another house in the Ogombo area of Lagos where the company had

many properties.

In November 2020, the client was asked to wait for three months as the house had not been completed.

He added another three months just to give the company enough time to finish the building. By then, he had traveled from Dubai to Nigeria. He called Ayilara in the first half of 2021 to ask why he was yet to be given the key to his house, but was told to be patient. However, by the second half of the year, Ayilara had stopped answering his calls.

Much later, when he was able to reach him, the company promised to refund 30 per cent of his money despite the fact that he had made full payment for the house. But they also failed to refund the 30 percent as well. He added that all efforts to reach Ayilara failed. However, THEWILL investigation shows that Ayilara has allegedly embarked upon an image laundering drive, with a narrative to better position his company.

Why Joke Silva's Son's Marriage Crashed B arely two weeks after Blessing Boma Douglas, estranged wife of Soji Jacobs, son of Nollywood actress Joke Silva, revealed that her marriage had collapsed, findings by THEWILL reveal that there is more to it than she let on. According to sources, Blessing endured a series of domestic violence while her marriage lasted and even went as far as documenting her bitter experience in a book she published on domestic violence, although the content didn't exactly indicate that she was the victim.

THEWILL gathered that the union actually packed-up more than a year ago, but this was hidden from the media because of the status of her mother in-law whom many looked up to as a role model. It was also alleged that Blessing moved out of her matrimonial home after she couldn't take the heat again and she has been living as a single mother ever since. She also deleted everything that has to do with her former husband from her social media space and reverted to her maiden name, which prompted

Douglas & Jacobs her fans to ask, during a question and answer session on Instragram Live, if she was still married and she responded in the negative.

In a dramatic twist, Blessing changed her mind and said she was still happily married to Soji Jacobs.

She made it known that her first outburst was a sarcastic response to people who were making insensitive inquiries about her marriage. She also revealed that her initial post about her marriage was just for fun.

Being a jovial and playful person, she claimed that she decided to humorously respond just to appease her fans. But she was shocked that they took her response seriously and the news traveled faster than what she expected. She also revealed that she would be cautious in her public interaction hence forth. There are speculations that members of her family and her friends pleaded with her to change her narrative so as to avoid hurting the Jacobs.

Anita Okoye Granted Saint Kitts And Nevis Citizenship

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Okoye

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nita Okoye, the estranged wife of Paul Okoye, one half of the singing duo of Psquare, is now a citizen of Saint Kitts and Nevis. The mother of three, who relocated abroad last year with her three children, is happy about the development and has been flaunting her new status. Her passport allows her to travel to 150 countries without visa and she has been

telling those who are also interested to take advantage of the opportunity as well. Recall that the business woman travelled out of the country with her three children, Andre, Nadia and Nathan last year, abandoning her multi million naira business venture, a kiddies clothing outfit, Tannkco.

She left Nigeria on the pretext of going to study abroad after her marriage hit the rocks.

T Agboola

GBENGA AGBOOLA IN EYE OF THE STORM

he engagement of popular gospel singer, Tim Godfrey, has sent some of his female band members into a frenzy as three of them allegedly dumped their singing engagement with him.

This is happening barely three weeks after he announced his engagement with Erica Katrina and made public his intentions to spend the rest of his life with her, being the best thing that has happened to him in recent times. But weeks after, his three

top female leads in his Extreme Musical Band dumped him and moved on. The ladies, Blessing, Rejoice and Ibeekay allegedly gave no prior notice before they threw in the towel.

More shocking is the fact that the ladies were among five of his crew that he surprised with saloon cars not too long ago.

Their shocking exit has got people wondering if there is more than meets the eyes with Tim Godfrey's engagement.

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his obviously is not the best of times for the youthful Chief Executive Officer of Flutterwave, Gbenga Agboola, who seems to be pitted against certain forces threatening the career he has built over the years.

A former member of the company’s staff, Clara Wanjiku, who resigned from its East Africa operation in 2018 made a revelation about her exit from the company. She accused Agboola of bullying and harassing her for years and withholding her dues, which the company promised to pay after she must have returned its properties in her possession.

After she threatened to drag the company to court if it failed to pay her, Agboola dared her to go ahead. Her Lawyer, Obinna Osisiogu, then wrote to Flutterwave and it led to a series of calls from colleagues asking her to settle out of court. In a back and forth court case, Wanjiku was later paid her entitlement.

She also accused Agboola of sabotaging a job opportunity she got in Nigeria after her former employer gave a negative appraisal which led to the loss of the job. Also, while she was still with Futterwave, she was the contact person for the company's pay bill service in collaboration with Mpesa, (a mobile phone-based money transfer service, payment and micro-financing service launched by Vodafone and Safaricom in Kenya).

Even after leaving the company, Wanjiku’s contact was still on the Mpesa pay bill. When a fraud was committed in a transaction that involved Fluttewave, she was held responsible. She informed Agboola of the resulting harassment from the police and he promised to settle the matter, but he never did. She was left to settle it alone, in spite of her innocence.

Wanjiku added that Agboola later granted an interview to the media in which he tried to smear her name by mentioning the Mpesa issue in an attempt to make her look untrustworthy. She also revealed that Flutterwave accused her of opening a Twitter account to constantly allege that sexual harassment was going on in the company. Wondering when the harassment on her life would end, Wanjiku had no choice but to speak out.

“It ends today. I am speaking up because when does it stop? When do I stop being the target of a powerful man trying to stick it to me for standing up for myself?,” she asked.

Flutterwave has however denied the allegations, faulting claims that Wanjiku wasn’t paid her dues by the company immediately she resigned.

Godfrey & fiancee

Daddy Freeze Quits Cool FM

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ontroversial broadcaster, Ifedayo Olarinde, otherwise known as Daddy Freeze, has quit Cool FM, after a dedicated service to broadcasting spanning over 26 years. He started his career in 1996 with the Broadcasting Corporation of Oyo State (BCOS) where he spent five years, before moving on to Cool FM in 2001 where he spent 20 years before moving to Nigeria Info, a sister station to Cool FM and Wazobia FM in 2020.

The self-acclaimed Shepherd of The Sheeple Movement made a live broadcast of his decision to quit broadcasting in March 2020, but he finally made

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the move in 2022. Olarinde was subsequently announced as the pioneer inductee of Cool FM's Hall of Fame. The management of the radio station appreciated him during his sent-forth party, which was organised to celebrate his years of professionalism, commitment and dedication toward the success of both Cool FM and Nigeria Info.

Serge Noujaim, the Chief Executive Officer of Wazobia FM, Cool FM, Arewa FM (CWIA) and Nigeria Info, appreciated him for his contribution to the station and for his long-standing commitment, he noted that his input was critical in solidifying Cool FM's position across the Nigeria entertainment ecosystem. He revealed that Olarinde was instrumental to the growth of the station as his unique views on diverse socio-political issues were top notch. The elated broadcaster also revealed that the stations he had served in the last 20 years were instrumental to the success he has recorded in his career over the years.

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SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022 T H E W I L L N E W S P A P E R • www.thewillnigeria.com

AT LADY CHRISTINE DOJA OTEDOLA'S 90TH BIRTHDAY

Last weekend, some prominent Nigerians converged on the Epe area of Lagos State at the invitation of businessman and investor, Femi Otedola, to felicitate with him on the occasion of his mother, Lady Christine Doja's 90th birthday celebration. Here is an account of what happened behind-the-scene at the party, as captured by IVORY UKONU:

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he celebrant's church donation Weeks before her birthday, Femi had disclosed that his mother was building a church which she planned to donate to Christendom. According to Femi, her lifelong ambition was to build a church and donate it to the glory of God. This she accomplished two days before her birthday. The celebrant’s favourite and popular son, Femi, her friends and age grade members, accompanied her, all dancing joyfully, to the church building, St Peters Catholic Church, Odorangushi, Epe. The church was formally dedicated by the Metropolitan Archbishop of Lagos, His Grace, Dr Alfred Adewale Martins on her birthday.

Femi Otedola's friends honour his mom Very early on the morning of her birthday, just before the celebrations kicked off, some of Femi's friends, such as billionaire businessman, Aliko Dangote; Quits Aviation founder, Sam Iwuajoku; Chairman of Zenith Bank Plc, Jim Ovia, etc. visited Lady Doja at her home to felicitate with her before heading out for the celebrations.

Otedola, Abiodun & Dangote

Attendance by invitation only The 2-in-1 party was open to guests by invitation only. Unless you presented your invite for scrutiny, you were denied entry at the venue.

The seating arrangement The celebration started with a church service/formal dedication of the church. Since it was not exactly a big one, only a few very important guests were allowed to enter the church building.

To further avoid a clash of egos between guests, name tags were placed on each seat in the church and this was strictly adhered to. A huge canopy was also erected outside the church to accommodate the large crowd that turned out for the event. A projector was mounted in the canopy to beam proceedings from inside the church.

Only three governors in attendance Only three governors attended the church service and reception party. They were Governors Godwin Obaseki of Edo State, Babajide Sanwo-Olu of Lagos State and Dapo Abiodun of Ogun State.

Nana Otedola conspicuously absent Femi's 'wife,' Nana Otedola, was conspicuously absent at her 'mother in-law's' birthday party. Nana has been out of Nigeria for a while, only coming into the country on very short trips, which are few and far between. Nana and Femi’s marriage has always courted media attention because he got himself involved in a relationship drama before and after marrying her. The couple is also rumoured to be nursing an alleged strained relationship and this may not be unconnected to Nana’s absence at the birthday party.

Abudu, Otedola &

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no doubt, lived up to expectation as master of ceremony. This explains why he is easily the first choice of MC for most A-list parties, including Lady Doja's party where he delivered well on the job.

The dramatic entrance of the birthday cake As with most parties nowadays, the celebrant's entrance is always accompanied with much razz mattaz. However, Lady Doja decided to take a different route. Rather than have a dramatic entrance, she chose to make her birthday cake have the dramatic entrance instead. The cake was lowered into the hall from the roof of the party venue, to the delight of guests.

Epe hotels fully booked All the major hotels in Epe and its environs were fully booked before the church dedication and birthday party, majorly because of the long distance from the venue of the party. Since the party continued into the wee hours of the following day, many who enjoyed themselves thoroughly thought it wise to stay back and get a hotel room instead of driving back to their destinations.

Unfortunately this turned out to be impossible due to the unavailability of vacant rooms.

Dj Cuppy's performance, philanthropy One of the highlights of the party was a performance by Florence Ifeoluwa, aka DJ Cuppy, one of the celebrant's granddaughters.

Dressed in a traditional ensemble with her backup singers and dancers, the Oxford University undergraduate thrilled her grandmother and guests in attendance to her 'hit' single, Gelato.

In appreciation, the guests sprayed her with cash in various currencies. A few days later, she tweeted a message revealing her plan to donate the money she got from her performance to those in dire need of it.

Multi-talented Darey Art-Alade Singer and entertainment entrepreneur, Darey Art Alade has,

Bola Tinubu's conspicuous absence For the second time in about a month, Bola Ahmed Tinubu, the

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The Otedolas national leader of the All Progressives Congress Party, APC and a presidential aspirant, has deliberately avoided being seen in the same space with Vice President Yemi Osinbajo. Although he had gone to Abuja a few days earlier, he was expected to return in time for the party, but that wasn't to be. His absence further lends credence to the state of his relationship with Osinbajo which has since developed some cracks. A few weeks ago, Tinubu was absent during the installation of the 42nd Olubadan of Ibadan, Oba Lekan Balogun, who is his close friend and whose presence would have been a morale booster for the new Olubadan, just to avoid Osinbajo. Also pundits are of the opinion that knowing that some of his political foes, like former Senate President, Bukola Saraki, former President Olusegun Obasanjo, etc, would be at the party, Tinubu had decided to avoid the gathering.

Seyi Tinubu represented father Bola Tinubu's son, Seyi, was at the party gallivanting everywhere just to get noticed. While church proceedings were ongoing, he drove in with a retinue of aides and his security personnel in a 2021 Mercedez Benz G-Class, G63. His entrance got some of the guests, who were glued to the projector watching the live service, distracted as he kept going back and forth from his car to the canopy and into the church building. Each time he journeyed to his car, he was followed by his aides, his personal security and street urchins who kept shouting his praise with the appellation, 'incoming'. At the reception ground, he barely sat down as he made sure to exchange pleasantries with virtually all the VIP guests. Many were of the opinion that he was perhaps his father's representative at the party.

Tunde Folawiyo’s effort to unwind Embattled businessman and patriarch of the Folawiyo clan, Tunde Folawiyo, took time out to unwind at the party. At the party, he looked nothing like a man who is battling to save one of his prized properties from being taken over by Asset Management Corporation of Nigeria, AMCON for raking over N700 million in debts. Folawiyo, who is struggling to remove himself from the entanglement with AMCON, has however denied being a debtor and has filed a motion before a Federal High Court in Lagos seeking an order of stay of execution of an ex-parte orders made against him in satisfaction of the judgement debt.

Mo Abudu's restlessness Movie executive, Mo Abudu was at the party but without her retinue of friends who always accompany her to events, save for one. She arrived the sleepy town of Epe and headed straight to the reception ground. She looked uncomfortable while sitting alone and waiting to see a familiar VIP. She sighted presidential aspirant, Kingsley Moghalu first, hoping to strike up a conversation but she only ended up introducing herself. Soon after, the Ogun State governor, Dapo Abiodun sauntered in and Mo made a beeline for him. After the exchange of pleasantries, the governor made for his chair and rather than take that as a cue to return to her seat, Mo kept hovering over him trying to make small talks. After a while she returned to her seat. She barely sat down before she got up again, walked round the hall and made for Abiodun's seat again to continue with her small talk.

At this point, the governor was visibly uncomfortable with her restlessness around him as he was seated at a reserved area of the hall meant for dignitaries and that meant all eyes would be on him. Mo eventually got the drift and left him alone.

King Sunny Ade serenaded guests The king of Juju music, Sunny Ade has always been Femi's choice for entertaining his guests at parties and Lady Doja's party was no different. The septuagenarian was in his elements on the band stand and made sure to praise sing the dignitaries present, all of who appreciated him with wads of money in different currencies.

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www.thewillnigeria.com SPECIAL EDITION• MONDAY APRIL 11 - APRIL 16, 2022

It’s Time to Give Education The Resources it Needs

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n 1955, the government of the Western Region introduced a free primary education programme based on the 1952 proposal by the Minister of Education in the region, Chief S. O. Awokoya, for a free, universal and compulsory education, otherwise known as the Universal Primary Education (UPE). Considered as “the boldest and perhaps the most unprecedented educational scheme in Africa South of the Sahara” by Babs Fafunwa, the inspired scheme was the forerunner of many similar education programmes that were afterwards initiated in the country. Most important, though, it highlighted the actions of a government that understood the extreme importance of education to the attainment of its collective goals and was committed to making it free and compulsory for all.

Unfortunately 67 years later, the reverse is the case. Not only is there nowhere to find a truly free and universal education, it is no longer compulsory to educate one's wards even as universities proliferate across the country. Last Wednesday, the Federal Executive Council approved the issuance of provisional licences for the establishment of 12 private universities across the country. When computed against the previous number of private universities, which, according to the 2021 data from the Statista website, is now at 79, it will bring the total number of private universities in the country up to 91.

The states are not left out in the proliferation of universities. Some of them have adopted a new means of crafting new universities from existing colleges and polytechnics as Lagos State did when it transmuted the Lagos State Polytechnic, Ikorodu into the Lagos State University of Science and Technology (LASUST) and did the same to the state’s two colleges of education – Adeniran Ogunsanya College of Education (AOCOED), OttoIjanikin and Michael Otedola College of Primary Education (MOCPED), Naforija, Epe – into the Lagos State University of Education (LASUED).

Sokoto State also got a brand new university with the approval of the Shehu Shagari University of Education last month.

When all these state universities, now 58 in all, are added to the 12, which the Goodluck Ebele Jonathan government added to the total number of Federal universities between 2010 and 2014 for the ridiculous rationale that all states should have universities, it becomes obvious that we have lost the inspired focus of education that necessitated the establishment of tertiary institutions of learning and have supplanted it with political idiosyncrasies for which we are presently reaping sour grapes.

Education, especially primary and secondary, which ought to provide a foundation for development and the groundwork on which much of our economic and social well being is built, has been sacrificed on the altar of political expediency, such that politicians vie for the location of institutions in their constituencies, whether it is viable or not.

Not long ago, a former governor of Edo State situated the Edo State University in his home village, Iyamho. This was a state that already hosted five universities, three polytechnics, two colleges of education, five schools of nursing and midwifery, one school of physical education, one Institute of construction technology and buckled under the weight of the responsibilities to the institutions that were state-owned and starved of funding, infrastructure and personnel and could not maintain accredited programmes due to a funding deficit.

In some states teachers are owed several months’ unpaid salaries and allowances, while some that have retired are owed gratuities and pensions.

In a nutshell, the Edo example cuts across the country. The excuses for the proliferation of academic institutions has always been to fulfill the educational needs of a growing population of students, who will have nowhere to go without a plethora of universities to choose from, falls flat on its face when the superior argument of quality over quantity is applied. Of what use is it to have universities created out of political calculations (federal and state) and motive for profit (private), if the end product fails to fulfill the purpose of education in the first place?

The lack of proper planning for the educational needs of the country, which should inform the standard, number, location, type and model of basic school, high school and university, suggests that the proliferation of schools creates more problems than it solves.

As a country, even with the steady, unbroken string of civilian administrations, we have not been able to reach the United Nations Educational Scientific and Cultural Organisations (UNESCO) recommendation that developing nations should give up to 15-20 per cent of their annual budget to public education. In the 2022 budget, valued at N17 trillion, only 7.2 per cent was allocated to education, even with the proliferation of universities. It means that for education to fulfill its role of increasing economic efficiency and social consistency to the point of helping to raise the poor from poverty, it will continue to suffer funding shortages that will stifle running costs, truncate research advancements, result in lack of infrastructural development, encourage further brain drain, prevent institutions from having laboratories, electricity, staff offices, libraries, students’ hostels, administrative blocks, recreation centres, good road network and undoubtedly lead to more strikes as is currently the case between government and the Academic Staff Union of Universities (ASUU).

This annual tussle between the Federal Government and ASUU has been rekindled. Unfortunately, after two years of back-and-forth, with no concrete

movement on the initial 2009 agreement or the 2010 Memorandum of Understanding between the two parties, we have come full circle now that our children have returned home. Due to the Federal Government's refusal to honour simple agreements, ASUU's original one-month warning strike has been extended to another two months.

Failure on the part of the government to attend to the demands of the union and to keep its promises, whereas it moved swiftly to release the sum of $8.5m for the evacuation of Nigerian students from war-torn Ukraine and donated $1m to the Humanitarian Fund for Afghanistan, smacks of wanton disregard. It is worth noting that most of those students that required evacuation at such an exorbitant amount, much of which will find their way to personal pockets, may have found no need to travel out if the academic system at home was above par.

Yet, as universities in other African countries like South Africa, Egypt, Kenya, Ghana and Uganda consistently outrank Nigeria in the data from the respected authority in the ranking of universities globally, Webometrics, it is expedient that action is taken to arrest the continued slide from a country that boasted one of the best educational schemes in sub-Saharan Africa to one that barely manages to register a university in the 18th position in the ranking of academic institutions on the continent.

The frivolous and reckless waste of resources in the country must be repurposed and channeled towards revamping the educational sector.

Attention must be focused at all levels of education, beginning with local and state governments at the primary education level to the Federal level.

Government must pay attention to the training of teachers, while it invests in creating a researchfriendly environment to encourage innovation and augment the salary structure of teachers and lecturers with the inclusion of deserving benefits to limit brain-drain and encourage teachers to impart knowledge to students. This will necessitate a financial injection that requires the collaboration of the private and public sectors.

Furthermore, the government will need to bring the schools curricula up to date with the infusion and use of technology tailored to match international standards, coupled with the provision of adequately equipped libraries well furnished with ICT tools. Most importantly, the government will be required to synergise with ASUU for better ways of resolving any differences that may crop up without recourse to strike actions.

This is of utmost importance, if we are to reap the fruits of a proper educational system. As the saying goes, no educational system can rise above the quality of its teachers and no nation can rise above the quality of her educational system.

This is of utmost importance, if we are to reap the fruits of a proper educational system. As the saying goes, no educational system can rise above the quality of its teachers and no nation can rise above the quality of her educational system PAGE 40

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