THURSDAY 22TH 2024

Edun Launches Single Window Project to Boost Trade, Economic Growth

FIRS, NSIA designated as implementing agencies

despite exiting oil downstream in 2015, Atiku Accuses the Tinubus of owning oVh ...

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Damagum: I’m Contemplating Vying for Presidency Because I’ve Become So Popular

Says he won’t be intimidated by critics over letter to appeal court Wabara tells reconciliation, disciplinary c’ttees to do their work regardless of interests I won’t run away from PDP vampires, Wike boasts

begun to contemplate running for the presidency in 2027, because the deluge of negative media exposures had inadvertently given him undue popularity, huge enough to throw his hat in the ring.

He also replied critics over the letter he wrote to the Court of Appeal in Port Harcourt, saying he could not

NSA: Terrorism Has Left Profound and Painful Mark on Nigeria

Insists war against terror can’t be fought alone, seeks global collaboration Army chief inaugurates multiple projects at Guards Brigade US State Department working with Nigeria, other African countries to ward off instability Tinubu: We're taking firm steps to secure nation, counter desperate acts of terrorism

In the picture to the (L) are former Vice President and presidential candidate of the Peoples Democratic Party in the 2023 election, Atiku Abubakar and former Governor of Kaduna State, Mallam Nasir el-Rufai; in the picture to the (R) are Atiku and the National Security Adviser to the President, Mallam Nuhu Ribadu, both El Rufai and Ribadu were part of the delegation of the family of Kashim Imam-led representatives who visited the former Vice President on behalf of their son to ask for the hand of his daughter, Hafsat, in marriage …recently

Ndubuisi Francis in Abuja To boost Nigeria's trade and

Chuks okocha and olawale Ajimotokan in Abuja The acting National Chairman of the Peoples Democratic Party (PDP), Iliya Damagum, yesterday, said he had

Email:

AdAOrA UmEOji Visits OlUrEmi tinUbU...

Ghana Begins Construction of $12bn Petroleum Hub to Rival Nigeria

Emmanuel Addeh in Abuja Ghanaian President Nana AkufoAddo has broken ground on the construction of a 300,000 barrel-perday oil refinery that the government

hopes will turn the West African country into the region's petroleum hub. However, it is perceived that the move is to rival Nigeria which is expected to become a petroleum

products supply hub when all its refineries, with a capacity of over 1 million barrels per day come online.

Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is

Pinnacle Refutes Link with Petroleum Cargo from Malta

Pinnacle Oil and Gas Limited has dissociated its petroleum terminal from any link with a cargo that originated in Malta.

Pinnacle in a statement issued and signed by its Managing Director and Chief Executive Officer, Mr. Robert Dickerman, which was sent to THISDAY, insisted that it had never accepted any product into their tanks that did not meet all specifications of Nigerian regulations.

The petroleum marketer stated that at their terminals, the regulators oversee quality control of all imported products and had the products inspected by independent, qualified inspectors before issuing a discharge certificate.

The downstream oil and gas sector operator maintained that they could not and would never be involved in the distribution of products that did not meet all

Oghenevwede Ohwovoriole

The Nigeria Data Protection Commission (NDPC), has fined Fidelity Bank Plc N555.8 million, which was 0.1 percent of the financial institution’s annual gross earnings for the year 2023, for alleged breach of the nation's data Act.

The National Commissioner of NDPC, Dr. Vincent Olatunji, disclosed this at the Nigeria Data Protection (NDP) Act General Application and Implementation Directive (GAID) validation workshop in Abuja, yesterday.

He recalled that President Bola Tinubu signed the NDP Act into law on June 12, 2023, which empowered the commission to enforce compliance on organisations for data protection by way of fine and other means.

According to Olatunji, they

specifications of Nigerian regulatory agencies.

Africa's richest man and Chairman of Dangote Petroleum Refinery, Aliko Dangote, recently alleged that the Nigerian National Petroleum Company Limited (NNPCL) and some traders operated a blending plant in Malta from where they import dirty fuels into the country.

Since Dangote's allegation, some oil marketing companies have been linked with the importation of dirty fuels from Malta.

But to dissociate itself from the alleged deal, Pinnacle stated in statement: "In a recent publication, our terminal was associated with a cargo that originated in Malta.

Pinnacle has never accepted any product into our tanks that does not meet all specifications of Nigerian regulations, and we never will.

"At our terminals, the regulators oversee quality control of all imported products and have the product inspected by independent,

commenced an investigation into Fidelity Bank in April 2023, which was later concluded and found the bank culpable.

"The penalty is huge. If you don't comply, penalties can range from N10 million, even up to two percent of the organisation's annual gross income for the previous year.

"Most of the breaches we have treated, we look at the level of the breach, the impact, and the number of data subjects affected and the level of cooperation that is involved.

"Since we started, the only time we issued a major penalty was on Fidelity Bank, a fine of N555,800,000.

"We observed some breaches; we have been working with them (the bank) since April 2023 on the investigation and by the time we finalised, they became arrogant so we decided to issue a full penalty on them, which is about 0.1 percent of the gross earnings of the bank

qualified inspectors before issuing a discharge certificate. We cannot and will not ever be involved in the distribution of products that does not meet all specifications of Nigerian regulatory agencies."

currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas, Reuters reported.

"The project promises to be a cornerstone of our nation's development," Akufo-Addo said at the site of the project in the southwestern city of Jomoro, which will also include petrochemical plants.

Phase one of the project, estimated to cost $12 billion, will be funded and constructed by a consortium of Touchstone Capital Group Holdings, UIC Energy Ghana, China Wuhan Engineering Co., and China Construction Third Engineering Bureau Co, he said on state-owned Ghana Television (GTV).

West Africa consumes about

800,000 bpd, according to the African Refiners and Distributors Association, of which almost 90 per cent is imported.

The petroleum hub aims to supply enough refined and by-products to supply the region by 2036, according to an agreement signed in June 2018. However, not everyone is convinced by the plan, however.

Bright Simons, a vice president at Accra-based think tank, IMANI Africa, said the consortium behind the project "is not primed for investment (and) the project has no bankable business plan."

"Our position is that this is a speculative attempt to grab a landbank for cheap," he said.

Some residents of the hub's

proposed 20,000-acre site have protested the plans, demanding the project's footprint be reduced to 5,000 acres.

Oliver Barker-Vormawor, a senior partner of the law firm representing some affected farmer cooperatives, said his clients would not stand down.

"The abrasive manner that the government is proceeding discounts valid concerns around the social and environmental impact of the project, the livelihoods at risk by the displacement of farmers and the unsettled questions of ownership and community land rights."

The government has so far rejected these concerns, citing petitions from other residents in support of the project.

FG Urged to Consider India's Model in Addressing Crypto Regulation Challenges

Emma Okonji

Stakeholders in the crypto technology sector have called on the federal government to consider India’s model in handling the crypto regulation issues in Nigeria.

The calls came after India recently resolved the rift it had with Binance over allegations of violating operating rules.

As a way of settling the issues,

for 2023," he said.

Olatunji, also noted that the agency was engaging stakeholders across board, collating their input which would form the final guide document.

"We want to ensure everyone is involved in what we are doing and by the time the document is out, we all see that we have been able to make our own input to what we are doing. It is just an extension of the law.

"We will look at the relevance of the input and use them to develop a standard document that can be of global standard," he said.

He added that the agency was deploying a public- private partnership model to ensure compliance on data protection and that they had licenced about 194 professionals on data protection.

"The licenced data protection professionals go around organisations,

India's Financial Intelligence Unit (FIU), had slammed a fine of $2.25 million on the cryptocurrency exchange, and had asked it to register as a reporting entity and allowed it to resume operations normally.

For what they termed a mature and more profitable way of handling crypto regulation issues, some tech experts, particularly crypto trading professionals asked Nigeria to borrow a leaf from India and end the

to take them through compliance in terms of crafting their privacy policy, creating awareness within the organisations, letting them know their obligations under the law and carrying out data protection impact assessments.

"They train their staff, register with us and submit their annual report to the commission. With this, we will know the level of compliance.

"The successful implication of the NDP Act GAID required a collaborative effort between all relevant stakeholders, organisations, businesses and data protection professionals," he said.

He called for constant dialogue and communication with the commission in implementing the NDP Act.

A collaborative effort, he stated, would foster a data ecosystem that respects privacy and protects personal data subjects.

lingering empasse with Binance.

The cryptocurrency exchange is facing a trial in Nigeria for money laundering and tax evasion charges, which led to the arrest and continued detention of one of its executives, Tigran Gambaryan.

At a recent event in Lagos, a crypto trader, Mark Nduagibe, while fielding questions from tech reporters said: “What we are trying to do is to show Nigerians that crypto is not magic, it's not ponzi, rather it is a standard, genuine technological trading system.

"As the world is experiencing an evolving landscape of crypto regulation, we want Nigeria to be counted as early adopters.

"For instance, we all can see how India maturely handled the issue with Binance over alleged operating as a reported entity without registration by imposing a $2.25 million fine.

"That marks a significant milestone in crypto regulation. That is what Nigeria should do instead of allowing the Exchange's executive languish in jail.”

After settling India's impasse, Binance described it as an achievement, which marks its 19th global regulatory milestone and underscores its commitment to adhering to antimoney laundering (AML) standards and fostering a secure, transparent, and efficient ecosystem.”

Nduaguibe, lamented that India’s approach to regulating Binance contrasts sharply with that of Nigeria, adding that while India opted for a

balanced resolution through dialogue and regulatory compliance, Nigerian authorities have taken a far more aggressive and punitive approach.

Most notably, the arrest of Tigran Gambaryan, a prominent figure in theAnotherindustry.trader who introduced himself as Joshua Micheal, corroborated Nduagibe, saying, “As the global cryptocurrency market continues to expand, the need for effective and fair regulatory practices becomes even more critical. India’s recent resolution with Binance shows that regulation can be rigorous without becoming oppressive. It provides a blueprint for fostering innovation and growth while respecting the rights of individuals—an approach that Nigeria and other nations should adopt to create a thriving and sustainable crypto ecosystem.

“India chose to hold Binance accountable through financial penalties and enforce stringent regulatory standards, all while allowing the company to continue operating.

"This has ensured that the rights of individuals are respected, preventing the damaging consequences of imprisoning employees as a means of exerting pressure. India’s decision to focus on compliance rather than criminalisation showcases a progressive model of regulation—one that ensures both oversight and innovation thrive without resorting to punitive measures that can disrupt business operations and undermine investor confidence.”

in Abuja

Peter Uzoho

L-R: Group Managing Director/Chief Executive, Zenith Bank Plc, Dr. Adaora Umeoji; First Lady , Senator Oluremi Tinubu and Deputy General Manger/ Zonal Head of Zenith Bank Plc, Victoria Enweronu, during Umeoji's courtesy visit to the First Lady at the Presidential Villa, Abuja... yesterday GODWIN OMOIGUI

InAugurAtIOn

Peter Obi to Tinubu: Tell Nigerians Costs, Life Span of Old, New Presidential Jets

The presidential candidate of Labour Party in the last general election, Mr. Peter Obi, has asked President Bola Tinubu to tell Nigerians the

cost and life span of both the old and new presidential jets in the presidential fleet in Abuja

He added that Nigerians also deserve to know how the old presidential jets were being

disposed, how many of them, how old they are, and why they were being sold.

The former Anambra State Governor also sought to know the exact costs of the new presidential

jet and its age.

Obi made the demands in series of posts on his X account while reacting to the purchase of the new presidential jet which has stirred mixed reactions among

Nigerians. Many had faulted the government’s decision to buy the new presidential aircraft amid acute hunger and hardship in the country.

Stressing that transparency and accountability should be the

Youth Leaders Demand Revamp of Public Infrastructure in Niger Delta, Seek Fairness

Say Lagos-Calabar coastal road should commence from South-south region Lauds NUPRC, wants decommissioning issues resolved

Ethnic nationalities in the Niger Delta have demanded the revamping of key public infrastructure in the region, urging the government to take decisive steps in ensuring that the creeks and hard-to-reach areas in the oil-rich area have access to basic life-supporting facilities.

In a communiqué after a meeting convened by the Niger Delta Ethnic Nationalities Youth Leaders (NDENYL) in Port Harcourt, the various ethnic groups said that the much-talked-about Lagos-Calabar coastal road should commence from the region, while the East-West road and sea ports much be completed promptly.

The document was signed by representatives from Itsekiri, Annang, Orashi, Ijaw, Isoko, Urhobo, Ndokwa, Ughodo, Ibibio, Ikwere, Oro, among others.

The forum called for a renewed focus on sustainable development initiatives that directly benefit the communities in the Niger Delta, including prioritising infrastructure development, environmental preservation, and the creation of employment opportunities for the youth.

“The government must take decisive steps in ensuring that the creeks and hard-to-reach areas in the oil-rich region have access to basic life-supporting facilities and social infrastructure while communities at risk of extinction due to ocean inundation and erosion are adequately protected,” the group stated.

The ethnic nationalities stated that there should be no excuses for delays in the completion of the entire East-West Road, especially the sections within the Niger Delta region.

“While we commend President Bola Ahmed Tinubu for initiating the Coastal Road project, we strongly demand that the road's construction begins in Bayelsa, Delta, Edo, and Rivers States.

“Our concern is that if this isn't done, the project might only benefit the South-West, neglecting the South-South region, which is the primary source of the funds for the project,” the nationalities stressed.

They urged Tinubu to fulfil his promise of upgrading and ensuring the proper operation of Ibaka Seaport in Akwa Ibom, along with other key ports across the region, to facilitate importation and promote socioeconomic advancement.

The forum emphasised the importance of continuous engagement and constructive dialogue between the federal government and its agencies, such as regulators in the oil and gas industry and the people of the Niger Delta.

It lauded the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari, for engaging indigenous firms, such as Tantita Security Services, which it said has so far employed over 26,000 young people as vanguards in the fight against economic sabotage in the region.

It called on the government to expedite action on the ongoing rehabilitation of the nation's moribund refineries, which has been a major cause for concern for years now.

The forum expressed concern over the slow implementation of the Petroleum Industry Act (PIA), particularly the establishment of host community development trusts.

According to the ethnic nationalities, the gas-to-power and Presidential CNG initiatives although laudable, must be scaled up and implemented more rapidly, especially in the Niger Delta.

The youths highlighted the ongoing environmental degradation and concerns in the region, particularly from incessant oil spills and gas leaks, amongst others, and called for more proactive measures.

“The forum commended the NUPRC’s efforts in managing divestment deals by major oil

companies but insisted that legacy issues, environmental damage, and decommissioning of obsolete equipment must be thoroughly addressed before approvals,” the communiqué added.

It said that oil companies should operate from Niger Delta, insisting that the region is peaceful and habitable, arguably more so than many other regions

The youths advocated a fair and equitable distribution of employment opportunities for qualified youths in the region in the ongoing

2024 NNPCL employment, calling for a 60 per cent employment ratio for the Niger Delta region.

Besides, they called for increased funding for the Presidential Amnesty Programme (PAP), especially in light of the harsh economic realities in Nigeria and the continuous depreciation of the naira.

The forum also formally requested a meeting with the ministers of oil; gas; Niger Delta Affairs, NNPCL GCEO; PAP administrator; NLNG CEO; NUPRC CEO to address the issues raised.

hallmark of any genuine leadership, Obi added: “From all indications, despite all the denials, and back and forth over the newly acquired presidential aircraft, the jet is now here thanks to the French court that helped Nigerians to get the information.

“Now that the jet is here, can Nigerian taxpayers whose money was used to purchase it need to be privy to how much it cost and how old the aircraft is and how long it’s been in operation?

“In addition, Nigerians also deserve to know about how the old jets are being disposed, how many of them, how old they are, and why they are being sold. Transparency and accountability should be the hallmark of any genuine leadership.

“The government will lose nothing but respect, if it fails to provide adequate information about its leadership to the people whose money is being deployed and whose mandate the President is holding.” He said that a presidential jet remains a major symbol of national sovereignty and state power.

According to him, “How much it costs to transport the president is a major issue of public accountability. I hope that Nigerians will not be denied the right of full disclosure on the new presidential jet.”

FG Moves to Enhance Protection of Critical National Telecom Infrastructure

Emma Okonji

The federal government yesterday, released an official gazette titled: ‘Designation and Protection of Critical National Information Infrastructure Order, 2024,’ which seeks to protect Critical National Information Infrastructure (CNII) in the telecoms sector.

The bill for CNII, which had been advocated by the Association of Licenced Telecoms Operators of Nigeria (ALTON) for several years, had been deliberated upon at the floor of the National Assembly and forwarded to President Bola Ahmed Tinubu to sign it into law.

Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, disclosed the release of the legislation on his official X handle yesterday.

He wrote: “I would like to appreciate President Bola Ahmed

Tinubu for the release of the official gazette, ‘Designation and Protection of Critical National Information Infrastructure Order, 2024.’

“This is a significant step that will strengthen and protect investments in the ICT sector by reducing incidences capable of damaging the operations and functionality of our technological systems, infrastructure, and networks.

“The security and protection of these CNII is a priority for this administration and will help improve the quality of telecoms services which has very often been affected by disruption and intentional damage.

“This gazette now makes it an offense to willfully damage assets such as telecommunications towers/sites, switch stations, data centres, satellite infrastructure, submarine and fibre optic cables, transmission equipment,

e-government platforms, databases among many others.”

According to him, the government would continue to work to create an enabling and supportive environment and policies for the country’s digital economy to thrive.

Pleased with the legislation, the Chairman of ALTON, Gbenga Adebayo, commended the minister, including the Executive Vice Chairman, the Nigerian Communications Commission (NCC), Dr. Aminu Maida and the National Security Adviser, Mallam Nuhu Ribadu, for their roles in ensuring that the document was gazetted by the federal government.

“With the official gazette on CNII, the willful destruction of telecoms facilities across the country in the past will have to stop because there are now consequences as spelt out in the official document for offenders

who willfully engage in damaging telecoms facilities.

“The arbitrary shutting down of telecoms sites by agencies of state governments will also stop, following the release of the gazetted document on CNII in telecommunications, ” Adebayo said. Adebayo, however called for proper implementation of the document, adding that Nigeria has several orders from the government on different issues in different sectors of the economy, but the implementation has been very poor.

“If the CNII document is well implemented, the issue of vandalising telecoms infrastructure will stop and the situation where government agencies close down telecoms sites arbitrarily will also stop and the telecoms industry will be a better place, for all, ” Adebayo said.

Emmanuel Addeh in Abuja

Chuks Okocha in Abuja

L-R: Senators Diket Plang, Osita Ngwu and Gbenga Daniel; Coordinator of National Defence College Wives' Association, Mrs Rhoda Olotu; President of the Senate, Godswill Akpabio; Rear Admiral O M Olotu; Senators Sunday Karimi and Saliu Mustapha, during the inauguration of the National Defence College Officers' Mess, by Akpabio, in Abuja ....yesterday

LASHMA-LASCOPA MEdIA PArLEy On SIgnIfICAnt dEvELOPMEntS, InnOvAtIOnS...

L-R: Chairman Association of Nigeria Private Medical Practitioners (ANPMP), Lagos State, Dr. Makinde Akinlembola; Permanent Secretary, Lagos State Health Management Agency (LASHMA), Dr. Emmanuella Zamba; General Manager, Lagos State Consumer Protection Agency (LASCOPA), Mr. Afolabi Solebo; Director, Safecare PharmAcess, Ibironke Dada; Project Specialist, Local Health Systems Sustainability (LHSS) Project, Dr. Chidumga Ohazurike; and Coordinator Regulations LASHMA, Mr. Tosin Awosika, during the, LASHMA-LASCOPA Media Parley on significant developments, innovations and consumer protection in health management services across Lagos State held at Alausa, Lagos... yesterday

FG Doubts Credibility of Nigeria’s Housing Data, Sets Up Panel

Addeh in Abuja

The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, has expressed doubt over the integrity and reliability of Nigeria’s existing housing sector data.

Speaking at the inauguration of a joint steering committee in Abuja, the minister stated that the lack of credible, scientific, and verifiable data on the state of housing in the country was embarrassing.

The minister explained that ensuring access to decent and affordable housing was not only a social and moral responsibility of the government, but also a catalyst for economic development, job creation and poverty alleviation.

From the history and experiences of other countries, he said it was rare for any nation to grow, achieve peace, and enjoy stability without having a housing market that works efficiently and provides decent shelter for its citizens.

“While there are many issues in the sector that need fixing, the lack of credible, scientific, and verifiable data on the state of housing in our country stands out as the most pressing and embarrassing.

“This is because, without data, we cannot know the magnitude of the problem we are facing, how much resources we need to allocate, for how long, which areas to focus on, which markets to prioritise, and a whole host of other considerations. In fact, we would be flying blind. This is not sustainable,” he stressed.

For instance, Dangiwa said that it was common knowledge that

Nigeria has a housing deficit and faces the dual challenge of inadequate housing supply to meet population growth, coupled with substandard housing that does not meet the basic conditions.

He said that these include of habitability, safety & security, comfort, sanitation, accessibility, infrastructure, social amenities, and socio-cultural adequacy as set out by the UN and the World Health Organisation (WHO).

“But there is no industry-accepted data to illustrate this and guide the government, housing agencies, and financial institutions—both local and international—in planning and outlining strategies to fix Nigeria’s housing problem. What we have had over the decades are speculations and estimates.

“At the ministry, we consider this a national emergency for the housing sector, and as a government, we cannot allow it to continue,” he stated.

Membership of the committee includes representatives from: Federal Ministry of Housing and Urban Development (Chair), National Population Commission (NPC), National Bureau of Statistics (NBS), Central Bank of Nigeria (CBN) and Nigeria Mortgage Refinance Company (NMRC).

Others were: Federal Mortgage Bank of Nigeria (FMBN), Federal Housing Authority (FHA), Family Homes Funds Limited (FHF), Mortgage Bankers Association of Nigeria (MBAN), Housing Development Association of Nigeria (HDAN), Real Estate Developers’ Association

of Nigeria (REDAN) and Association of Housing Corporations of Nigeria (AHCN).

The committee, he said, will oversee all matters outlined in the terms of reference, including providing direction and oversight as well as monitoring and reviewing the implementation of the committee's

commitments.

It will also be involved in resolving issues, and making recommendations to facilitate the objectives of the partners.

“ It will also provide a forum for the partners to exchange information, discuss best practices, including relevant guidance and input from

external stakeholders, and address any other matters related to the strategic partnership among the partners,” the minister said.

According to him, some of the key deliverables will be to develop the framework and modalities for setting up the National Housing Data Centre (NHDC), covering technical

requirements and specifications, and transactional and legal documentation. They also include the design of a framework for distributing housing data to institutional and retail investors in the Nigerian financial market, data distribution to all participants in the housing market, among others.

Stakeholders Lament Unwholesome Governors' Interference in Mining Sector

Say unconstitutional action discouraging investors

Sunday Aborisade in Abuja

The Forum of Concerned Stakeholders in the Nigerian Minerals and Mining Sector, yesterday raised concerns over alleged governors’ unwholesome interferences in the mining operations within their respective states.

President, Nigeria Mining and Geosciences Society, Prof. Olatunji Akinade, raised the alarm at a news conference, attended by stakeholders in the sector yesterday in Abuja.

Those in attendance were, Dele Ayanleke (National President, Miners Association of Nigeria); Engr. Janet Adeyemi (National President, Women in Mining in Nigeria) and Dr. Umar Albarka Hassan, (President Nigeria Society of Mining Engineers)

They also included Hon. Kelvin Dele Oye (National President, National Association of Chambers

of Commerce, Industries, Mines and Agriculture); Engr. Adeniran Ajibade (President Gemstones Miners and Marketers Association of Nigeria); and Alhaji Sani Shehu (Chairman, ECOWAS Federation of Chambers of Mines).

The rest were Patrick Odiegwu, (Secretary General, Association of Miners and Processors of Barite (AMAPOB) and Seun Olatunji of the Mining Thematic Lead, Lagos Chamber of Commerce and Industry).

Akinade, who read a speech, duly endorsed by the stakeholders, said various regulations introduced by many state governments were discouraging investments in the highly lucrative sector.

The President of the NMGS stressed that state governments’ interference in mining operations runs contrary to the Constitution

and the Nigerian Minerals and Mining Act of 2007.

He said both legislations grant exclusive control of mineral resources to the federal government.

He, however, lamented that many states have established their regulatory bodies.

Akinade said, "This has led to a chaotic environment, with mining sites being closed and equipment confiscated, all in violation of federal laws.

"The state interference has eroded investor confidence and we are warning that the resulting risks could sabotage the federal government’s vision for accelerated investment in the sector," he added.

Akinade, urged the Minister of Solid Minerals Development, Mr. Dele Alake, to declare state-run regulatory agencies in the mining sector illegal, as

Nation's Development: Kumuyi Tasks Nigerian Leaders to Look Beyond Self

The General Superintendent of Deeper Christian Life Bible Ministry, Dr. William Kumuyi, has tasked Nigerian leaders to look beyond self in order to work for the good of the generality of the people.

Kumuyi spoke at the closing session of the Global Change Conference organised by the Change Makers International (CMI), in Port Harcourt, Rivers on Tuesday. Kumuyi, who spoke on the topic: “Instructive Pictures of Changemakers Leadership,” illustrated leaders as Shepherd, Salt, Sun, Superior Seer, Servant, Supportive Staff and Selfless

Soldier.

The clergy emphasised that leaders must interact with the people so as to know their problems and solve them.

He also stated that leaders must be courageous, visionary, take actions at the right time, be problem solvers, and be a light for others to follow.

He said: “The shepherd knows it has sheep, he has people he’s governing, he has people he’s providing for, he has people he’s leading.

“Whenever we are talking about change, we’re not just talking about people who are not decision makers, the people who are not having salt, the people who are not having spring of the water.

“Leaders don’t pray for enemies to perish because all those ones we’re calling enemies, we’re also to take care of them. But if they are enemies of God and they fight God, that’s between them and God.

“When God sends you to a position of power, a position of authority where you can make a definite change but you are blind, it will be dangerous for the rest of the people you are leading.”

He, therefore expressed optimism that the conference will bring about the needed change within participation and the country at large.

“We’ve started a good thing and that good thing is going all over the

globe. This project that comes up now, will continue through you,” he stated.

Earlier in his speech, the State Governor, Mr. Siminilayi Fubara, thanked Kumuyi and the organisers of the event for the initiative.

Fubara, represented by the Rivers State Head of Service, Hon George Nweke, noted the significance of the conference.

He said: “The theme for this conference resonates deeply, especially in a world that is continuously evolving and facing challenges that demands our collective action. Today I invite us all to reflect on our roles as men in driving positive change.

“It is our responsibility to be a

catalyst for social impact, leading by example in our families, communities, work places and wherever we are. In Rivers State we recognize the power of men’s involvement in promoting progress whether through community service, mentorship or advocating for social change.

“We believe that when men take action, they inspire others. I pray for the ripple effect of positive change globally; we have seen how men can lead initiatives that uplift communities from fighting poverty to enhancing education and health. It is these examples that we must emulate to create a more equitable and tolerant society.”

their actions contravene federal laws. He also lamented the recent increase in fees, rents, and royalties in the mineral resources sector, claiming it was implemented without proper consultation.

He argued that the steep hikes could force many operators out of business, particularly in the current harsh economic climate, and called for a review of the new rates to ensure fairness.

He applauded Alake for the closure of the Mineral Sector Support for Economic Diversification (MinDiver) Project, which concluded in May.

He noted that the initiatives like the National Geodata Center and the Nigerian Mineral Decision Support System have been pivotal for the sector’s growth.

Akinade, criticised the review of the Mining Act, arguing that it lacks sufficient input from key industry players and warned that excluding stakeholders could lead to laws that fail to address the sector’s most pressing needs, calling for a return to the inclusive consultation processes that shaped the current legal framework. He, therefore proposed several measures to address the sector’s challenges.

These included aligning the operations of the Mining Marshalls with existing federal departments, decentralising the approval of mineral titles and permits to improve efficiency, calling for urgent reforms to prevent the sector’s decline, among others.

He emphasised stakeholders’ commitment to partner government to ensure the success of Nigeria’s mining industry, which holds significant potential for economic diversification.

Emmanuel

Blessing Ibunge in Port Harcourt

Despite Exiting Oil Downstream in 2015, Atiku Accuses the Tinubus of Owning OVH

Wale

Tinubu:

Emmanuel Addeh and Chuks Okocha in Abuja

Despite selling its downstream operations as far back as 2015, former Vice President, Atiku Abubakar yesterday accused President Bola Tinubu of mortgaging the oil industry to his family and associates, citing the alleged control of OVH, an oil industry operator, by Oando Plc, owned by Wale Tinubu.

Atiku said he believed that even after Tinubu leaves office, it would be nearly impossible to break the shackles, comparing Tinubu's alleged integration of his business interests into Lagos' public enterprises to his current attempts at the federal level.

In a statement by his media aide, Paul Ibe, Atiku argued that , "Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue

Deji Elumoye and Michael Olugbode in Abuja

National Security Adviser (NSA), Mallam Nuhu Ribadu, yesterday, said terrorism had left a profound and painful mark on Nigeria, Africa, and many other parts of the world.

Ribadu called for global collaboration with Nigeria in the battle to end insecurity in the country.

The NSA spoke at the International Day of Remembrance and Tribute to the Victims of Terrorism, and memorial for victims of the August 26, 2011 terror attack at the United Nations House in Abuja.

The bitter event came as Chief of Army Staff (COAS), Lt. Gen. Taoreed Lagbaja, yesterday, commissioned

widely before he wrote the letter.

He also stated repeatedly in his speech during the inauguration of the party's reconciliation and disciplinary committees that his actions were in the overall interest of the party.

This was as the chairman of the PDP Board of Trustees (BoT), Senator Adolphus Wabara, charged the two committees to be above board in the discharge of their duties as they remained the livewire of the party.

However, referring to the letter he and the National Secretary, Senator Samuel Anyanwu, wrote to the Court of Appeal in Port Harcourt, Damagum said, "Just because the chairman and secretary signed a letter, it has become an issue. People are making all sorts of insinuations about it. I don't want to engage with the other person – it’s a distraction.

"But it pains me when I see someone who knows the workings of the NWC going on television to mislead the audience and say things that are not correct. It is painful. Very, very painful.

''There is precedent for what we did. During Kashamu's case, the chairman and secretary brought it to the Supreme Court. There was also the issue of Anambra. The chairman and secretary, in any situation, work as a team. I don't make decisions without consulting my members.

"I’ve always been proud of that. My door has always been open. So, nobody is going to intimidate me into abdicating my responsibility.

"You can say all sorts of things. I know this is a buildup to the next election. ‘Damagum must go, Damagum must go’. I thank God. People are making me very popular lately. Anytime you open social media or television, it’s Damagum, Damagum.

"Honestly speaking, I’ve started contemplating throwing myself into the ring and vying for the presidency of this country. Because I’ve become popular, even though the negative publicity is meant to bring me down, I’m not deterred.

"I have a responsibility to this party to keep it safe and stable. I intend to take all necessary actions to ensure the party remains stable.

But I’ve reached a point where I have to speak out.

"I’ve avoided talking because

Don’t drag us into politics, we have no stake in oil firm

for him and his family, he has begun to replicate this at the federal level."

He expressed astonishment at the operations of the NNPC and how the government-owned oil company has allegedly put its retail arm under the control of OVH, a company in which he said Oando, led by Wale Tinubu, owns 49 per cent.

Atiku regretted that his intention to privatise the NNPC and increase its transparency has been overshadowed by what he described as the criminal hijack of the NNPC by corporate cabals around the current president.

"In October 2022, just five months before the elections, the NNPC Retail controversially announced it had acquired OVH and all its filling stations. NNPC already had about 550 filling stations across the country but claimed it was enhancing its capacity by acquiring OVH, which had only 94

multiple projects at Guards Brigade, Nigerian Army, Aguyi Ironsi Cantonment, Asokoro, Abuja. And United States said it was working with Nigeria and other African countries to address drivers of instability on the continent to avoid its degeneration.

Ribadu, who was represented at the memorial by National Coordinator of National Counter-Terrorism Centre. Maj. Gen. Adamu Laka, said no country could fight terrorism alone. He said the fight required a concerted global effort.

He stated, “For us in Nigeria, we have experienced the devastation of countless terror attacks that have claimed lives, destroyed properties, torn families apart, and displaced millions from their homes.

I know so many things. When I open my mouth, I know it will not be pleasant, but that’s the price of leadership. I’m ready to take that bashing, more bashing.

"And to my detractors, let me tell you, you’ll see more of that letter, because I will not abdicate my responsibility. But I will act within the confines of the law, as stipulated by the constitution. So I’m not distracted. You can try to bring me down, but importantly, while doing so, please remember that we have NEC.

"So, for those interested in seeing Damagum go, this is a build-up to undermine me before we have NEC.

But if you bring Damagum down and lose the party, what have you achieved? Because in trying to bring me down, you are also bringing down your party," he stated.

Continuing, he said, "Every time people say the party is dying, they are sending a message to the opposition that we are weak. If you believe in the party, you should speak positively, unless you are an agent of destruction.

"You should be positive whenever you talk, if you believe in this party. So, I see this as an opportunity to clear the air. We’ve just had successful congresses.

"Nobody is congratulating the NWC for these successful congresses, nobody. But I want to ask that when you are opposing from within, be mindful that your actions can harm the party.

"It’s not about Damagum. I may leave tomorrow, but the party will still be here. I know this seat is a hot seat. My predecessors also faced challenges in this position. I’m taking my own version of the heat. I’m not retiring.

“But, importantly, I want to ask all of us, especially these committees, if you feel that in the past we’ve been compromised and have been called names, remember, nobody is giving us credit for the fact that today the party is still united. It’s still intact. You have a responsibility now, before you.

"We are not perfect. I have to admit that. We are human beings, and we may have our shortcomings. That’s why this committee is in place at the right time," he stated.

stations and 100 others leased.

"The NNPC did not disclose the purchase price of OVH or the terms of the acquisition. A Freedom of Information (FOI) request by Premium Times was also rejected by the NNPC, which claimed to be a private company despite still being government-owned.

"Following this dubious deal, Mele Kyari, was controversially retained as NNPC Group Chief Executive Officer despite his incompetence. Tinubu then appointed his former boss at Mobil, turned ally, Pius Akinyelure, as NNPC Chairman, while he himself took on the role of Minister of Petroleum.

"In a move that defies economic logic, OVH, previously owned by NNPC Retail, has now acquired NNPC Retail. This absurd situation means that Wale Tinubu’s Oando now owns 49 per cent of NNPC Retail.

“Moreover, Nigeria paid Wale Tinubu

“The scars of terrorism are deeply etched, from the North-east to the heart of our capital, Abuja. We remember, in particular, the horrific bombing of the United Nations House on 26 August 2011, a senseless act of violence that claimed the lives of 23 individuals and injured over 60 others.

“These were people who had dedicated their lives to peace, development, and the betterment of humanity, yet they became victims of the very menace they sought to combat. I, therefore, wish to commemorate these heroes and their families on this sad event.

“In this solemn moment, we remember the countless victims of terrorism, violence and conflict

Specifically, addressing Chief Edwin Clark, he said, “I will borrow Olisa Metu remarks from 2015, when Edwin Clark left the party, stating that, ‘There’s no doubt that he is an elder statesman.

"But I thought that when you reach that age, God has given you the opportunity and wisdom to be a father to all, not to engage in public arguments. He has all it takes to do the needful, not by taking a sentimental approach to the situation. I was not raised to be disrespectful to elders, so I don’t intend to dwell on this further," stressed.

In his comment, Wabara who is the chairman of the PDP Bot, urged the two committees to function without fear or favour, no matter whose ox was gored, and as much as the party's Constitution directed.

"Whatever decisions or actions you will take, failure of which, in my considered opinion, will lead to Nigeria becoming a one-party state. This is the beginning, because without an opposition, there is no democracy.

"And you are now to establish that today. I'll be very brief. It's very clear – the truth must be told all the time. This party should not be allowed to die in the hands of these two committees," he stressed.

Chairmen of the two committee, Chief Tom Ikimi and Chief Olagunsoye Olonloye, pledged to do their best to reposition the party.

This, nonetheless, the Minister of Federal Capital Territory, Nyesom Wike, has vowed that he would never quit the PDP for political vampires.

He stated this yesterday at a media

Information and Public Relations, Ministry of Finance, Mohammed Manga quoted Edun as underscoring the transformative potential of the NSW in enhancing Nigeria's trade facilitation and driving economic growth.

The initiative, Edun informed, is a key pillar in the federal government's strategy to improve trade and customs processes, reduce bottlenecks, and increase transparency within the nation's trade environment.

To ensure the effective implementation and financial management of the project, Edun explained that

a significant sum to facilitate the Tinubu family's acquisition of the national oil company. This represents a clear case of illogical business transactions and abuse of office by President Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the Petroleum Industry Act (PIA)," he alleged.

Atiku acknowledged that the NNPC and its leadership were under legislative investigation but expressed scepticism about the process' credibility due to the vested interests of those conducting the investigation.

"Senator Opeyemi Bamidele, who is heading the National Assembly panel, is a known supporter of Tinubu. He served as a commissioner under Tinubu in Lagos State and publicly calls him his godfather.

“Given that Tinubu is the petroleum minister, he should be held responsible

around the world.

Ribadu also paid tribute to the security agencies leading the war on terror.

He said, “I also wish to pay tribute to the brave men and women in uniform who have made the ultimate sacrifice.

“Many have laid down their lives so that we may continue to live in peace. Let us also remember the victims, who have been injured or traumatised in the line of duty. Their dedication and commitment to preserving our freedom and securing our nation is nothing short of heroic.

“In the face of this adversity, the strength and resilience of those affected by terrorism stand as a testament to the human spirit. Despite the

chat broadcast on televisions to mark his first year in office as minister in response to a question seeking to clarify that he might leave the party in the future if the crises rocking the party continue.

“I have told you that I don’t run away from any fight. I will stay there and I will fight it out in the PDP. Yes, who I am going to run? The vampires?

“I will fight to the last. I am not prepared to join the APC. I have said it and I want to repeat it again. The work I am doing here was handed over to me by the president.

“And I am focus on achieving the task before me. I will not fold my arms and allow the party I have suffered for over the years to continuously do injustice to members. I will not accept that,” Wike vowed.

He also brushed aside insinuation that some of his loyalists, particularly the 27 members of the Rivers House of Assembly had defected to the ruling APC, as a media speculation and matter still before the court.

In addition, he further rejected the label of a fifth columnist in the PDP by political adversaries that he was working on the script to destroy the party.

Wike said: “Those are people who don’t have anything to say. Everybody who knows me knows too well that if I want to join APC today, when l was in the PDP, didn’t I say I would never support their presidential candidate? Did I do it secretly? All those people who have

Continued on page 44

the Federal Inland Revenue Service (FIRS), led by its Executive Chairman, Dr. Zacch Adedeji, and the Nigerian Sovereign Investment Authority (NSIA) have been designated as the project's implementing agencies.

The project secretariat, he added, will be housed within the FIRS, providing a central hub for coordination and oversight.

"Other key stakeholders from various government agencies, including the Nigerian Ports Authority (NPA), the Nigerian Customs Service (NCS), the Nigerian Civil Aviation Authority (NCAA), and

for the sector's issues. I doubt Bamidele will conduct a thorough investigation that might implicate his patron," Atiku said.

On the Lagos-Calabar coastal road, Atike said he had earlier claimed that the Lagos-Calabar Coastal Highway project was fraudulent, but the government denied it.

He said that mow that the matter is in court, it was concerning that Chagoury and Tinubu have a business relationship, and their children are business partners, as revealed by OCCRP.

"This indicates a conflict of interest.

It is no surprise that the Lagos-Calabar Coastal Highway and the SokotoBadagry Coastal Highway, which together will cost over $24 billion, were approved without competitive bidding. It seems that whatever Tinubu wants, he gets," Atiku said.

loss and trauma, survivors continue to show remarkable courage.

“As we mark the International Day of Remembrance and Tribute to the Victims of Terrorism, it is our collective responsibility to support and uplift them.

“We, therefore, must ensure that their voices are heard, their needs are met, and their rights are safeguarded. I am pleased to state that this commitment is at the core of the Office of the National Security Adviser’s mission, which drives our dedication to serve.”

The NSA commended the efforts of the UN agencies involved in the fight against terrorism, including United Nations Office on Drugs and Crime, United Nations Office of Counter-Terrorism, and partners in the antiterrorism was for their dedication and support.

He extolled their invaluable cooperation, “especially in our ongoing efforts to address the needs of terrorism victims and strengthen our counter-terrorism measures.

“This collaborative spirit reinforces the belief that the fight against terrorism is not one that any nation can undertake alone, it requires concerted global effort.”

Army Chief Inaugurates Multiple Projects at Guards Brigade Lagbaja said at the inauguration of the projects that the remodelled Quarter Guard, ultra-modern lecture auditorium, and accommodation for both officers and soldiers of the Brigade's Quick Response Force were a testament to the commitment of the commander's leadership qualities.

He said the facilities would afford troops the opportunity to cool-off while off duty so as to perform optimally whenever the need arose.

He enjoined the Brigade officers and troops to ensure good maintenance of the facilities.

A statement by Assistant Director, Army Public Relations, Guards Brigade, Nigerian Army, Captain Godfrey Abakpa, said the Commander, Guards Brigade, Brig Gen Adebisi Onasanya, said all the projects were geared towards enhancing troops fighting efficiency and welfare.

Onasanya stated that provision of the amenities was in line with the COAS’ Command Philosophy, which was "to transform the Nigerian Army into a well-trained, equipped and highly motivated force towards achieving our constitutional responsibilities within a joint Environment".

the National Agency for Food and Drug Administration and Control (NAFDAC), are actively participating in the workshop.

"Their collaboration is crucial to ensuring the successful implementation of the NSW, which is a critical component of President Bola Ahmed Tinubu's broader economic reforms.

"The three-day workshop will conclude today (Thursday) with a detailed action plan, outlining the next steps for the project and the timelines for its full implementation.

"With the launch of the National Single Window, Nigeria is poised to

In his vote of thanks, the Brigade's Chief of Staff, Col Abdulrahaman Bello, thanked the COAS for his unrelenting commitment to Guards Brigade.

Bello stated, "These projects include the remodelled ultra-modern equipped auditorium named after the Chief of Army Staff, the stand-by accommodation for Quick Response Force capable of housing over 250 personnel, five officers’ accommodation, as well as the newly remodelled Brigade's horses stable”

The inauguration ceremony was witnessed by Principal Staff Officers from Army Headquarters, Commanding Officers of various units under Guards Brigade, Staff Officers, as well as troops under the command. US Department of State: We’re Working with Nigeria, Others to Ward Off Instability

The United States, yesterday, said it was working with Nigeria and other African countries to address drivers of instability on the continent.

Assistant Secretary for the Bureau of Arms Control, Deterrence, and Stability (ADS) at the U. S. Department of State, Mallory Stewart, made the assertion in Abuja when she addressed the press.

Stewart stated, “I've heard a lot, and I've seen through the news the banditry challenge and the experiences, and so we have been trying to appreciate and understand how to affect those things we call drivers of instability, drivers of a security environment that lends itself to these challenges.

“And we are working with partners in Nigeria to try to get ahead of some of those challenges, or trying to figure out how we can manage some of those challenges.

“For example, the confidencebuilding measures, or the capacity to show greater compliance with international treaties could help domestically provide for legislation that prevents some of the insecurity that results when there isn't an ability to implement the international legal regime.

“We are trying to prevent greater instability and trying to address the drivers right now. You know, one of the interesting conversations we've had in other African countries has been talking about the challenges of resources, the herders versus farmers conversation, on how we manage

Continued on page 43

witness a significant leap in trade facilitation and economic growth.

"The collaboration among key stakeholders and the designation of implementing agencies underscore the federal government's commitment to this critical component of President Tinubu's economic reforms.

"As the project moves forward, Nigeria can expect improved trade processes, increased transparency, and a more business-friendly environment, paving the way for a brighter economic future for betterment of the economy," the statement concluded.

But when THISDAY contacted the Group Chief Executive Officer of Oando, Mr Wale Tinubu on the allegation by the former vice president, he vehemently refuted the allegation, insisting that the company has no stake in OVH. He stressed that as far back as 2015, Oando sold its stake in the downstream to OVH, wondering how it is being dragged into the matter in 2024. Atiku

L-R: Ogun State Deputy Governor, Engr. Noimot Salako-Oyedele; Ogun State Governor, Prince Dapo Abiodun; Commissioner for Community Development and Cooperatives, Alhaji Balogun Ademola, and Ogun State Head of Service, Mr Kehinde Onasanya, during the Celebration of Year 2023 International Community Day/World Trade Day at the MKO Abiola International Stadium, Kuto Abeokuta... yesterday

FG Conducts Nationwide Confirmation Exams for 12,444 Civil Servants in MDAs

olawale ajimotokan in Abuja

The federal government has conducted confirmation examinations across the country for 12,444 junior cadre civil servants in the Ministries, Departments and Agencies, (MDAs).

The confirmation examination held yesterday in the nation's capital for 2,324 candidates was supervised by Joint Admissions and Matriculation Board (JAMB) across five designated centres.

The Head of Civil Service of the Federation, Esther Didi Walson-Jack, told reporters that

she was satisfied with the process that took place simultaneously across 45 centres nationwide.

The Head of Service, represented by Permanent Secretary, Common Service Office, the Office of the Head of Service of the Federation, Raymond Omachi, described the exercise as "seamless" and "a transparent process".

"There is no place for those who are not computer literate. They will need to up their game. For those who are not in that position yet, let them get training," she said.

The Permanent Secretary Career Management Office stressed that the Head of Civil Service, Fatima Mahmood, in her remarks, said the HoS was bent on entrenching meritocracy and integrity in the process, noting the digitalization policy of the current leadership was to ensure that skill sets necessary to function as a world class service was built.

NWDC Will Tackle Infrastructure Gaps, Stimulate North West Economy, Says Barau

Deputy President of the Senate, Jibrin

has said that the North West Development Commission (NWDC),

National Security: PSC Partners Police Trust Fund to Modernise Nigeria Police

linus

The leadership of Police Service Commission (PSC) yesterday announced its readiness to forge new partnership with the Police Trust Fund, to ensure that the Nigeria Police Force is not only equipped but prepared to meet the challenges of modern policing, in the interest of national security.

A statement by Head, Press and Public Relations, Ikechukwu Ani, noted that chairman of the com-

mission, DIG Hashimu Argungu, rtd, said this when he received in audience, the Executive Secretary, Police Trust Fund, Mohammed Sheidu, and his management team at the commission's headquarters in Abuja.

Argungu noted that the commission is ready to work with the PTF to restore the dignity of the Nigeria Police Force, stressing that without the Police Force, there will be no PSC nor the PTF. He therefore added that both institutions must

partner to see a new and vibrant police force, worthy of the respect and endorsement of the citizens.

Earlier in his remarks, the Executive Secretary of the Police Trust Fund, Mohammed Sheidu, said the new partnership is crucial in ensuring that these resources are utilised effectively and that the officers are well equipped to serve and protect our communities.

He noted that the focus of the fund is to provide the resources needed to enhance the welfare, training and operational capabilities of police officers.

According to him, "our initiatives, such as upgrading police colleges and institutions, deploying power solutions to stations and barracks

and raising funds through public and private partnerships are all geared towards this goal".

Shied said the fund recognizes that these efforts must be complemented by the commission's work in maintaining the highest standards of discipline and professionalism within the force.

The Executive Secretary said the fund looks forward to strengthening the collaboration between the two institutions, stressing that "together we can create a police force that not only meets the expectations of our people but exceeds them".

He expressed confidence that their combined efforts will lead to a more secure and prosperous Nigeria.

signed the North West Development Commission (NWDC) Establishment Bill sponsored by Barau to address the challenges facing the geopolitical zone occasioned by Boko Haram insurgents and bandits.

Barau, according to a statement by his media aide, Ismail Mudashir, expressed the optimism yesterday while addressing his constituents from Shanono Local Government Area of Kano North Senatorial District, at the National Assembly, Abuja,

He said the seven states in the North West geopolitical zone would witness rapid infrastructural development.

He assured the constituents of President Tinubu's commitment to address the challenges facing all parts of the country and appealed to all to support the president's quest to return the country to progress and prosperity.

He said: "President Tinubu is committed and working tirelessly to alleviate the suffering of the masses. What we want from you is to continue to pray for the president.

“He has the interest of the North at heart. The NWDC he recently approved for us will have its headquarters in Kano.

“I assure you that the NWDC will address the gaps in infrastructure in the entire North West geopolitical zone.

"Let's continue to support the president and the government so that the administration can deliver its lofty policies and programs.

“At the parliament, we will continue to support the executive with the necessary legislation to stimulate our country's economy for the benefit of all."

The chairman of the APC Caucus of the LGA, Alhaji Adamu Saidu, described Senator Barau as a super senator, working for the development of the North and, by extension, the country.

He said the recent fertiliser distributed by the Deputy President of the Senate has touched the people at the grassroots positively, making it easier for farmers to witness positive yields that will lead to bumper harvests.

"Your empowerment and interventions are extraordinary, making you stand out among many politicians. That is why we are here to appreciate your kind support to us.

“The most important is the fertiliser distribution. It makes our farmers look different. Thank you, Your Excellency," he said.

michael

The federal government has called on stakeholders in the environmental sector to recognize the importance of waste pickers (scavengers), popularly called in local parlance as Baban Bolla, insisting they should be adequately remunerated for their valuable contributions to environmental sustainability and equitable waste management system in the country.

The minister also added: “Training and capacity building: Enhancing skills and knowledge for improved safety and efficiency; Social protection and inclusion, ensuring access to healthcare, education and social services; Policy and regulatory framework: Strengthening laws and policies to protect waste pickers’ rights and interests.”

Lawan noted that waste pickers are the backbone of the waste recovery, contributing significantly to the recycling and circular economy.

He said: “We cannot speak about sustainable waste management without reference to the operation of waste pickers who form an integral part of the waste management value chain.

The Minister of Environment Balarabe Lawal made the call on Tuesday in Abuja at a stakeholders consultative meeting on the development of National Digital repository for waste pickers in Nigeria. He said to address the problem faced by these heroes of waste management, stakeholders must work together to implement solutions that will guarantee better working conditions for waste pickers, “Some of which include the following measures, formalization and recognition: Integrating waste pickers into the formal waste management sector.”

michael olugbode in Maiduguri

Borno State Governor, Prof. Babagana Zulum, has approved the release of N200 million to support about 150 medical doctors to attend a residency programme and obtain a broad range of medical knowledge, basic clinical skills, and supervised experience practising medicine in various fields.

Zulum, who is a fellow of the postgraduate medical school, announced the approval on Wednesday in Maiduguri when he received the National Executive Officers of the Nigerian Medical Association (NMA).

Zulum explained that while about 50 medical doctors working with Borno State Government will receive N2 million each, over 100 doctors who are Borno indigenes working

with different federal institutions will receive N1 million each.

The governor expressed gratitude to the visiting delegation and assured them that healthcare service delivery is one of his administration's priorities.

Zulum also commended the Coordinating Minister of Health and Social Welfare, Prof. Mohammed Ali Pate, and the Executive Secretary of the National Primary Health Care Development Agency (NPHCDA), Dr Muyi Aina, for their support in improving health in Borno State. Meanwhile, the Nigerian Medical Association has appointed the Borno State Governor to champion the universal applicability of quality healthcare delivery and the welfare of the health workforce.

The president of NMA, Professor

Bala Audu, announced the appointment on Wednesday at the council chamber of the Government House in Maiduguri during a courtesy visit to the governor.

He said: “Your Excellency, we have a very important request for you to be for the NMA, champion for the universal applicability of quality healthcare delivery as well as the welfare of the health workforce.”

He added that: “We know it is a difficult challenge, but you have the capacity for it because you have shown it and exemplified it in Borno State.”

The NMA president also commended Governor Zulum for several infrastructure projects in the healthcare sector and for improving the welfare of health workers in Borno.

"Your Excellency, sir, we started our activity today by flagging off a medical outreach. Doctors from different specialities from all over the country are at one of the PHCs. This outreach is aimed at showing support for the tremendous work that your government is doing in the field of healthcare delivery,” Professor Bala stated.

He also said: “Your Excellency, the NMA recognises the tremendous and successful efforts Borno State Government is making with great strides, particularly in healthcare and education.”

He noted: “Despite the challenges at the Primary Healthcare level, Borno State Government is one of the key champions of effective primary healthcare and has received national leadership in primary healthcare.”

olugbode in Abuja

Sunday aborisade in Abuja

Barau,

recently approved by President Bola Ahmed Tinubu, will address the infrastructure gaps in the seven states of the North West geopolitical zone. Tinubu had on July 23 2024,

aleke in Abuja

polity

Paris 2024 Olympics: Nigeria’s Disgraceful Jamboree

Eddie Mbadiwe

Many newspapers carried the story in which the Minister of Sports, Senator John Enoh disclosed that the federal government spent N12 billion on Nigeria’s participation at the 2024 Paris Olympics. The bulk of the money was spent on the 82 Athletes and 84 officials that represented Nigeria by at the games. Is it surprising that they did what the average Nigerian contractor does - squander the money and disappear. My good friend (now late) Professor Gaius Igboeli would put it this way “Nigeria scored naught”. Less we forget, we also scored naught in London and Tokyo. Will Los Angeles 2028 be any better?

John Enoh and I are both alumni of the 7th National Assembly so I know John. He was one of those I bothered to listen to when making presentations on the floor of parliament; so John what went wrong? I know you as a serious person but that will not stop me from asking some pertinent questions and also demanding accountability with results. Another friend of mine; Gilbert Ofodile named his first daughter “Oyibo KA” and if you asked for explanation, he would refer you to the leader of the Board at International Competitions. ‘Oyibo’ is always on top Small countries like St Lucia, Jamaica, Dominican Republic, Botswana partially wiped our tears before the likes of Kenya, Algeria, South Africa came on a rescue mission. A former President of Nigeria; Dr. Goodluck Jonathan will jokingly say that they should be arrested and flogged.

NEWS

hammer throw for U.S.A. She has dual

citizenship which many Nigerians have. She was denied participation in Tokyo 2020 by stupid bureaucracy of Athletic Federation of Nigeria. There were no consequences, no sanctions. This year, she competed as a U.S citizen and won a Silver medal which could have been for Nigeria. The United States takes good care of their citizens which explains why they were the overall winners in the number of medals followed by China which tied with them in the number of gold medals.

Nigeria claims to be the leading black nation but when it comes to what matters most, we fall terribly short. Why? Why?

Before someone says “we are too harsh in condemnation,” let us remind ourselves that Kanu Nwankwo and his team won a gold in Atlanta 96. The coach of our women ‘Tigress’ basketball team, Mrs. Nwakamma was adjudged the best basketball coach in the games.

Our destructive malaise is lack of motivational inspiration. We skirt around the periphery and until we consciously address this deficiency, we will continue to descend deeper and deeper down the valley. This is not rocket science. Output reflects correctly what inputs have been made. I do not agree with Bob Marley who sang that the colonial masters put us in a state of mental slavery which needs redemption. What have we done with our independence since the colonial masters left Nigeria more than 60 years ago? Racist Donald Trump (running for U.S President) believes black countries should be colonized for another 100 years so that they can be taught what governance is all about.

Osajeifo Dr. Kwame Nkrumah who was the

originator of OAU together with Mali and Guinea did awaken the sleeping pride of the black man. Ghanaians bestrode the streets of Europe and America donned with their Kente cloth even in the Blake mid-winter when the wind did make moan. I must confess some of us who were their compatriots as students were envious of them especially when they carry their shoulders up. They really walked tall.

Prime Minister Ibrahim Traore of Burkina Faso is following Nkrumah’s ways and is projecting a completely new trajectory. He sees Nkrumah as his guiding light. He has refused to buy SUVs for his ministers and parliamentarians and invested the money in tractors. He says everyone should go back to the land and produce enough food to eat and for export as well. (By the way ECOWAS suspended Burkina Faso.)

The Governor of Imo State Hope Uzodinma a few weeks ago hired Emmanuel Amuneke as coach to Imo Heartland football club. On the day he unveiled him, he charged Emmanuel to go and bring back the premier league cup to Imo State as Imolites do not play second fiddle. The coach accepted the challenge and for me, that is the only way to go. In Japan during the holidays instead of sending their students on jamborees, they send them to work and learn car maintenance in Toyota workshops. That is one way they can replicate the Toyota quality and ensure that petrol dollars from indolent African countries will continue to be funneled to Japan. It is really time to take stock and change the narrative.

•Rt. Hon. Dr. Eddie Mbadiwe writes from Abuja

Reconstruction Work Begins on Lagos-Ota-Abeokuta Expressway

Succour is on the way for motorists plying the Lagos-Ota-Abeokuta Expressway as the contracting firm, Craneburg, has moved to the site to begin the reconstruction of the ever-busy road.

The flag-off/turning of the sod for the reconstruction will take place tomorrow, Friday, 23rd August. It will be performed by the governor of Ogun State, Prince Dapo Abiodun.

Craneburg started mobilising its equipment to the site 10 days ago to begin palliative measures in an attempt to make one side of the road motorable, while construction proper begins on the other section.

The palliative measures already

completed on the road covered SangoOta, Pakoto, Ifo, Ewekoro, Itori, and Obada, with stone bases spread on the bad portions to make traveling less stressful while the reconstruction is ongoing.

The federal government-owned road has been in a deplorable state for more than 20 years. It was finally handed over to the state government this year by the President Bola Ahmed Tinubu-led administration after previous efforts.

Abiodun emphasized that bureaucratic bottlenecks stalled the reconstruction of the road.

While recalling the efforts by the Ogun and Lagos state governments to take over and reconstruct the expressway, Abiodun said he and

his Lagos State counterpart were frustrated by delays from the federal government.

According to the governor, with President Bola Ahmed Tinubu, the federal government was approached

again for the transfer of the road to the state, a request that was granted.

He said: “The Abeokuta-Ota-Lagos Road is a federal government road and has been in very bad shape for long. Because of the suffering our people

endure on the road, my counterpart in Lagos and I jointly wrote a letter using a single letterhead to the federal executive council, seeking the transfer of that road for us to reconstruct.

“After waiting for a month without

a reply, we wrote a reminder. That road was not handed over to us until the present federal government came on board.

“The contract for the road had been awarded since May this year.”

UNDP to Partner Ekiti on Innovation

As Gov. Oyebanji reiterates commitment to improved educational curriculum

Gbenga Sodeinde in Ado Ekiti

The United Nations Development Programme (UNDP) has commended Governor Biodun Oyebanji of Ekiti State for his developmental strides in

Edo Innovates Offers Robotics, Analytics, Coding Classes to Teens and School Pupils

Edo Innovates, the technology innovation hub backed by the Edo State Government, is offering specialized training in robotics, data analysis, and scratch programming to teenagers and school pupils in Edo State. This initiative aligns with the government’s ongoing efforts to cultivate a new generation of tech talent within the state.

Since its inception in 2018, Edo Innovates has trained over 50,000 youths in various technology disciplines, creating a robust pool of tech experts poised to lead the state’s technological future.

The current training program, tailored specifically for school children and teenagers during the holidays, aims to introduce young minds to the world of technology innovation.

The program covers fundamental

aspects of coding and programming, offering participants a solid foundation in these critical skills.

Speaking with journalists, the Executive Director of Edo Innovates, Asemota Izoduwa, described the initiative as a “catch them young” strategy.

The goal, according to him, is to build a pipeline of talent not only for EdoInnovates but also for other innovation hubs across Nigeria. The training program began on August 12 and will run for three weeks.

Izoduwa emphasized: “We are committed to creating a lasting legacy by nurturing young individuals who will pursue careers in technology innovation. While we have been training youths since 2018, our vision is to continue this work for the next 30 years.

“Through these coding and programming sessions, we are ensuring that young people have the skills to further their tech journey. Their enthusiasm and eagerness to learn inspire us.”

Jobina Arinze, the Training Lead at EdoInnovates, expressed excitement about the training program and the opportunity to engage with a new generation of learners.

He added: “This initiative opens up new opportunities for us to connect with young people and introduce them to various aspects of innovative technology, especially in data science, coding, and scratch programming.”

This program reflects EdoInnovates’ commitment to empowering the next generation with the tools and knowledge they need to succeed in the rapidly evolving tech landscape.

the state saying that the organization will sell the state’s innovation and digital prowess to other southwest states and Nigeria in general.

UNDP’s Country Senior Innovation Adviser, Dr William Tsuma, who stated this in Ado Ekiti on Monday during a working visit to the governor’s office, said the various efforts of the government in agriculture, education, arts and culture as well as digital economy have placed the state in the front burner of states in a hurry to develop.

The visit came barely a week after Governor Oyebanji inaugurated the first Innovation Hub (Startup Garage) in Ado-Ekiti, the state capital.

Dr. Tsuma said: “We are looking to borrow your brain and see how we leverage some of the expertise, the knowledge, the good work that you’ve done here and export some of these ideas to this great nation.

“Sometimes, we are only as strong as our neighbours. Everyone wants to understand what is going on in Ekiti; how can we learn from Ekiti.

“Mr. Governor, one of the discussions we are having is “Ekiti to Nigeria” because I know that the state is busy and you have a lot you have to offer the region and the sub-region.

“It is a lot of expertise and experience and work that you do

which our immediate neighbours and beyond could benefit from. We are also looking at how we amplify some of the great work that you do around arts and culture.”

Dr. Tsuma stressed the need to innovate around the public sector to ensure integrated portfolio to achieve deliverables that the sector can offer as the programme was ready to work with the state to achieve the human development agenda for the people by increasing the employability index of the youths.

The UNDP top official also commended the governor for launching a Maker Space in addition to being an Innovation Hub, adding that the UNDP will work to support the crystallization of the idea behind such noble move.

He also hailed Oyebanji for creating enabling environment for the citizens of the state, especially the youths to gain practical experience in the public sector of the economy.

This, he said, will enhance the nurturing of a new generation of well-equipped young people which gave them easy transition into the workplace with more wisdom and skill.

In his remarks, Governor Biodun Oyebanji said that the establishment of Ekiti Knowledge Zone has provided a veritable platform towards

taking the state out of the woods of poverty by creating an ecosystem to address and drive innovations and technology and as well increase the employability index of the people.

Governor Oyebanji affirmed the need for effective collaboration between the state’s Ministry of Education and the Ministry of Innovation, Science and Digital Economy to address the curriculum deficiency in the educational system right from the elementary school to the university in furtherance to his administration’s determination to produce global citizens who will live in the shores of the state and still be relevant and useful all over the world.

The governor stressed the need for government to ensure that knowledge of the citizens is translated to prosperity in order to enable the state move forward to become the economic hub of the nation.

While affirming that youths cover more than 75 percent of the population who have practically helped to educate themselves in certain areas of their lives, the governor also stressed the importance of building bridges and platforms for them that will allow them do better and achieve greater heights in their chosen careers and aspirations.

There are many lapses but let us zero on Annette Echkunnwoke who won a Silver medal in the women’s

Minister of Sports, Senator John Enoh

James Sowole in Abeokuta

Email: deji.elumoye@thisdaylive.com

Need for Urgent Judicial Reforms as Justice Kekere-ekun Takes Over as CJN

Alex Enumah writes on the need for urgent and genuine reforms to restore and reposition the judiciary as the last hope of the common man as Justice Kudirat Kekere-ekun takes over as Chief Justice of Nigeria.

Barring any last minute change or extraneous variables, Justice Kudirat Motonmori Olatokunbo Kekereekun will on Thursday, August 22, 2024 assume duty as Chief Justice of Nigeria (CJN), in acting capacity, pending her confirmation by the Nigerian Senate. This is following her nomination last week by the National Judicial Council (NJC). Justice Kekereekun is the second most senior justice in the bench of the Supreme Court and going by principles and policies, she is expected to take over from Justice Olukayode Ariwoola, who bows out of office upon attaining the compulsory retirement age of 70 years, on August 22, 2024.

In order to avoid any vacuum, the NJC last week nominated her to the president for appointment as CJN. If her appointment sails through, she will be the second female after Justice Mariam Aloma Muktar to assume thst office. She will also be one of the longest serving CJN of recent due to her age. The 66 years old, who was elevated to the bench of the apex court as the fifth female Justice of the Supreme Court on July 8, 2013, no doubt is expected to bring to bear her experiences both in the private and public sector in turning around the negative image of the judiciary.

The University of Lagos Law graduate and 1981 Class of the Nigerian Law School, was in private practice from 1985 till 1989, when she was appointed a Senior Magistrate Grade II, Lagos State Judiciary. She became a Judge of the High Court of Lagos State on July 19, 1996 and elevated to the Court of Appeal on September 22, 2004, before ascending the bench of the apex court in 2013.

Justice Kudirat Kekere-ekun served as Chairman, Robbery and Firearms Tribunal, Zone II, Ikeja, Lagos from November 1996 to May 1999. A life Bencher, a member of the International Association of Women Judges, Kekere-ekun has attended numerous courses and seminars within and outside Nigeria and also received several merit awards.

If her appointment is confirmed by the Senate, Justice Kekere-ekun would have four years to navigate the ship of justice to an enviable height. This task frankly, may look like an impossible mission, especially, if she is not fully prepared or ready to take decisive actions irrespective of whose ox is gored. The true picture of the judiciary which Kekere-ekun is inheriting today was best painted by Mr Ebun Sofunde (SAN) last year during a remark on behalf of the Body of Senior Advocates of Nigeria (BOSAN).

The senior lawyer had said the reputation of the judiciary “is at an all-time low, to a point where it may no longer be redeemable”.

Also speaking on Tuesday in Abuja, some concerned Nigerians observed that Justice Kekere-ekun is assuming the helms of affairs “at a time when the judiciary confronts far-reaching challenges to its authority and reputation”.

This discussants were simply of the opinion that if Kekere-ekun must succeed and make any meaningful impact, she must have to initiate reforms that would redeem and restore the glory of the nation’s judiciary within the first six months of assuming office.

In his opening remarks, the Executive Director of Tap Initiative for Citizens Development, Mr Martin Obono, pointed out that the “institutional credibility of the judicial branch in Nigeria has never been lower in public esteem”. He stated that while Kekere-ekun is coming at a very critical and challenging period of the judiciary, the situation offers her an opportunity to articulate agenda for judicial reforms in order to restore public trust and confidence in the judiciary.

“As an organization and individuals, we seek to contribute to the distillation of this agenda”, Obono said. The core issues listed for Kekereekun to kickstart urgent and genuine reforms include; judicial appointments, conflicting judgements and abuse of interim injunctions, discipline and accountability, election petitions and political cases and the Supreme Court. Speaking on the issue of judicial appoint-

ment, Obono, observed that the National Judicial Council (NJC), which overseas the appointment of judges have of recent come under heavy criticism, especially with the outgoing CJN, Justice Olukayode Ariwoola, accused of nepotism and favouritism. While alleging that the Council disregarded its guidelines over recent appointments, Obono said report revealed that in one instance the NJC appointed “a candidate who scored zero in the NJC interview”.

He therefore urged the new CJN, “to commit explicitly to a policy of restoring integrity and merit to judicial appointments”, stating that achieving this would entail the introduction of transparent processes of selection, advertisement of judicial vacancies, as well as in nomination of candidates, interview, short listing and selections.

Obono also stated that by reinforcing merit-based selection and transparency,the judiciary can address past shortcomings and work towards a more just and equitable legal system

that upholds the democratic values enshrined in the constitution.

It was the opinion of the group that Kekereekun, would do well to quickly nip in the bud, the menace of conflicting judgements and abuse of interim injunctions, which has brought immense ridicule of the bench, leading to the flagrant disobedience of court orders. A member of the Garki branch of the Nigerian Bar Association (NBA), Mr Folarin Aluko, who also spoke on the issue said addressing the issue would restore public trust and ensure judicial efficiency. While observing that there are standards governing the issuance of interim injunctions, Aluko lamented that these standards and guidelines “are often either disregarded or abused without consequences”.

To arrest the situation, he suggested that priority should be given to monitoring and reporting any interim or exparte order issued by trial judges, adding that there should be a clear consequences attached to a breach of Rule 3(3.5) of the Judicial Code of Conduct.

“There should be a clear practice directions on management of territorial jurisdiction overlaps. It is suggested for this purpose that the structure

If her appointment is confirmed by the Senate, Justice Kekere-ekun would have four years to navigate the ship of justice to an enviable height. This task frankly, may look like an impossible mission, especially, if she is not fully prepared or ready to take decisive actions irrespective of whose ox is gored. The true picture of the judiciary which Kekere-ekun is inheriting today was best painted by Mr Ebun Sofunde last year during a remark on behalf of the Body of Senior Advocates of Nigeria. The senior lawyer had said the reputation of the judiciary is at an all-time low, to a point where it may no longer be redeemable.

and scope of such overlaps be agreed at the All Nigerian Conference of Judges and the Practice Directions should be uniform across all the court systems in the country”, he said.

On the issue of discipline and accountability, it was the consensus of discussants that unless this new leadership severely punish act of judicial misconduct, the judiciary would continue to descend into the abyss. Rights activist, Mrs Aisha Yesufu, in buttressing claim of decadence and rot cited a recent report by the United Nations Office on Drugs and Crime (UNODC) and the National Bureau of Statistics (NBS), which puts the judiciary as the highest receiver of bribe, ahead of the police and customs.

While she called for the introduction of a mechanism for increased financial transparency, accountability and public reporting so as to restore public trust, Yesufu charged the incoming CJN to “initiate public consultation to announce within six months of assumption of office, measures designed to address the escalating patterns of judicial corruption as documented by the UNODC -NBS Corruption in Nigeria Report 2024”.

Besides, the female activist stressed that disciplinary processes should be “both prompt and decisive and dispositions or punishment should be calibrated to be proportionate to the seriousness of the misconduct found”.

Another priority area Justice Kekere-ekun should shift attention to, in order to make a difference, is the handling of election petitions and political cases. Discussants lamented that the volume of election petitions has become an adverse charge on the credibility of the judiciary and a burden borne mostly by ordinary litigants who have no election or political business.

The discussants agreed that it was high time, election petitions were taking away from the dockets of the courts, and called for the implementation of the recommendations of the Babalakin Commission and the Uwais Panel recommendations concerning the need for courts to support the will of the people in election and / or ensure the ascertainment of such will so that it can be protected.

It was also argued that to end the inordinate political investment in election petitions, election petitions must be disposed of promptly and fairly and that no elected person should assume office until a tribunal or court is done with petitions challenging their election. “The current practice whereby candidates are sworn in despite pending petitions against them is one of the bane of judicial capture”, they said. Another area the incoming CJN could quickly impact upon the job of her colleagues at the apex court is to pursue the streamlining of cases that gets to their dockets.

According to the Executive Director of Digicivic Initiative, Mojirayo Ogunlana, due to the fact that almost all cases must get to the Supreme Court the court’s docket has “become ungovernable and the average duration for resolving non-political or non-electoral appeals to run over one decade”. She however, noted that reforming the Supreme Court of Nigeria would necessitate both structural and procedural enhancements to improve its efficiency and effectiveness.

Ogunlana, therefore, said the changes required would entail leadership from the CJN as well as cooperation with the elected branches of government, especially the National Assembly.

According to her: “The National Assembly should review and re-enact the Supreme Court Act and amend the constitution to limit the kind of cases or appeals that can be introduced to the Supreme Court. This amendment should enable the Supreme Court to set up a threshold admissibility competence by which it can decline appeals that are unsuitable, unmeritorious, or which merely involve already settled principles of law”.

Whether the new CJN will consider the agenda set for her, is a decision for her alone to make. However, it would be in the interest and joy of all to have a judiciary that serves justice judicially and justiciably, at the end of her tenure in 2028.

Kekere-Ekun

FEaturEs

In Profound Celebration of My Beloved and Revered Oba Frederick Adegunle Aroloye Arubiefin IV, the Departed Owa of Idanreland

Sir Folu Olamiti, FNGE, FDAME

There were no signs that something ominous would happen that day. No foreboding of any sort. For me, Thursday, August 1, 2024, broke like any other great day. I woke up sound in my limbs, brain and body, very delighted and grateful to my Maker for making me to see the breaking of another day. However to my shock at the eerie hours of that Thursday the news filtered in that the highly revered paramount ruler of my town, Idanre in Ondo State, Oba Fredrick Adegunle Aroloye, Arubiefin IV, the Owa of Idanreland, had gone to join his ancestors. For 30 minutes, I was dumbstruck. Bewildered. Speechless. I couldn’t accept that my Owa has translated to the world beyond . Just like that!

When I regained my composure, sweet memories of my beloved Kabiyesi began to reel with enthralling motion in my subconscious. He was everything to me. He was like the biblical Rock of Gibraltar to me, especially during my 32 remarkable years in the Tribune Group of Newspapers; years that saw me both on the mountain top and turbulent valleys. Years of ups and downs but in which God proved Himself mighty.

I remember, vividly, the day I launched my first memoir in 1998. Kabiyesi travelled all the way from Idanre to Ibadan with a retinue of his senior Chiefs and stayed all through the programme to honour me. What he said and did that day will live with me till my last breath.

His love and affection for me not just being one of his subjects but was like an unflinching filial love a father would have for a biological son in whom he is well pleased. He crowned his affection for me when he decided to honour me with the traditional title of Ajagunla of Idanreland. Giving meaning to this title, he explained that he had been following my travails and achievements in Nigerian Tribune, and that my victories over the physical and spiritual battles called for big celebration.

Oba Aroloye was an extraordinary man of valour, piety and integrity. He demonstrated these attributes throughout his 48 years rule. He accommodated all - both young and old- with agape love. Even in his old age, he was still attending social and political activities of many of his subjects with so much vigour and love. His reign was peaceful

and signposted with so many monumental achievements most especially putting Idanre on the world map.

Above all, from his first day on the throne of his forefathers, he made God his rock and pillar of support. Till he passed on, his daily ritual, especially at dawn, included waking his Oloris (Queens) and other members of the royal household at 5 a.m. for early morning prayers before any other activities. And no day ended without the evening prayers. His devotion to God was unparalleled. He so served and did exploits for his God that he had a church built in his honour. Of course, my King also knew how to sing. He passionately loved church hymnal songs He was never short of songs of praises to his Maker, no matter the situation. If you call him King David of his time, you would not be exaggerating.

Indeed, Oba Fredrick Adegunle Aroloye, Arubiefin IV, the Owa of Idanreland, knew and served his God. And doesn’t the Bible say those who know their God will be strong and do exploits? (Daniel 11: 32). The departed Owa of Idanre knew his God and he did exploits. Little wonder he left giant footprints on the sands of time.

As the heavens open their arms to welcome Oba Fredrick Adegunle Aroloye, Arubiefin IV, to paradise -God’s abode - where there is no pain nor sorrow, where there is everlasting joy and eternal celebration, and endless worship of God, I have no doubt in my mind that the Owa of Idanre is happy and blissfully singing HALLELUJAH with the Angels. Indeed, heaven’s gain is our earthly loss. Yes, Oba Aroloye was 102 when

he joined his ancestors on Tuesday, July 30, 2024. Yes, the late Owa of Idanre was the longest ruling monarch in Ondo State, if not the entire South West, or even the whole of Nigeria, having ruled for 48 years after ascending the throne in 1976. But despite his longevity, his passing is a big blow to me. I will miss him sorely. Rest in perfect peace, my King.

•Sir Folu Olamiti is the publisher of Newspot Online; and former Editor of Sunday Tribune, and Executive Director of the Nigerian Tribune Group of Newspapers. Prior to establishing Newspot, he had been Resident Consultant, Media and Publicity, at the anti-graft agency, ICPC and immediate past Chairman of Board of Management Advent Cable Network Nigeria Television ( ACNNTV).

Hitech Construction: Building More than just Structures in Africa

As Nigeria's population surpassed 220 million in 2023, making it the sixth most populous country in the world, the strain on the nation’s infrastructure has never been greater. With rapid urbanization intensifying the demand for essential services, Nigeria faces significant challenges across transportation, housing, and healthcare sectors. Yet, within these challenges lie opportunities for technology advanced companies to support in reshaping the nation’s future through transformative infrastructure projects notably through the Renewed Hope infrastructure plan.

Hitech Construction Company Limited stands at the forefront of this movement. More than just a construction firm, Hitech has positioned itself as a catalyst for positive change, driven by a steadfast commitment to quality, innovation, technology and more importantly community development. The company is setting new standards for social and environmental responsibility.

Pioneering Innovation and Technology

Hitech Construction is a trailblazer in adopting cutting-edge technology to enhance construction processes.

The company utilizes advanced tools such as Building Information Modeling (BIM), drones, and artificial intelligence to optimize efficiency and minimize errors across its projects, which include landmark undertakings like the Agege Pen Cinema Bridge, Lagos Airport Road, and the Apapa Oshodi Oworonshoki Ojota Road under Dangote Industries among others.

A prime example of Hitech’s innovation is its work on the Lagos-Calabar Coastal Highway.

The use of advanced paver machines in this project not only accelerates construction but also ensures a superior road surface, enhancing the driving experience for millions. This commitment to innovation enables Hitech to deliver projects on time, within budget, and to the highest standards of quality. The technology permits much longer lifespan for its projects.

At the core of Hitech’s approach is a robust focus on research and development. By investing in new ideas and forging partnerships with research institutions, and industry leaders, Hitech continues to lead the way in innovative construction solutions, particularly in concrete technology.

Investing in Human Capital

Hitech Construction recognizes that its success is built on the strength of its people. The company fosters a supportive work

environment that encourages professional growth and development. Through comprehensive training programs, clear career advancement paths, and competitive benefits, Hitech ensures that its employees are well-equipped to thrive.

Hitech’s commitment to human capital extends beyond its workforce. The company is dedicated to nurturing the next generation of construction professionals by offering training and mentorship programs. These initiatives not only contribute to the industry’s growth but also create a skilled workforce that will drive Nigeria’s future development. Notably, Hitech’s community engagement efforts focus on job creation and skill development for local residents, particularly youths and women, ensuring that the benefits of its projects are widely shared.

Commitment to Environmental and Social Responsibility

Hitech Construction’s dedication to environmental sustainability and social responsibility is a cornerstone of its operations. The company consistently delivers projects that address critical environmental challenges while uplifting the communities they serve.

This dual focus on sustainability and social impact is evident in every project Hitech undertakes.

From incorporating greener construction practices to spearheading community development initiatives, Hitech demonstrates that its projects are about much more than building structures—they are about transforming lives and creating lasting legacies. By constructing roads, bridges, and power plants, Hitech is not only contributing to Nigeria’s economic growth but also improving the quality of life of its citizens.

Building a Brighter Future for Nigeria

Through its commitment to sustainable building practices, community development, technological innovation, and human capital investment, Hitech is playing a pivotal role in connectivity and impact.

As Nigeria continues to grow and evolve, Hitech Construction remains dedicated to its vision of a country where every citizen has access to world-class infrastructure in a sustainable environment.

•Abolade wrote in from Lagos

Adenike Abolade

Oba Fredrick Adegunle Aroloye, Arubiefin IV, the Owa of Idanreland

Crime&Punishment

Funke Olaode

Making quick money has been around since time immemorial, with many people getting their hands burnt. The process usually begins when con men lure unsuspecting ‘investors’ into their tent by promising them quick returns on their investment within a space of short period. The early 2000s saw a lot of these wonder banks in Nigeria operating under different names, defrauding unsuspecting Nigerians. While the smart ones (investors) smiled at the bank, the majority lost their investments

Unlawfully Detention: Court Orders Police to Release or Charge Detained Engineer

The Lagos Division of the Federal High Court has issued an order directing the police to either charge or immediately release a Nigerian Marine Engineer, Godswill Gold Gageche, pending the hearing and determination of the substantive suit filed against the police.

Gageche is in the custody of the commander and commissioner of police of Lagos State Special Squad Ikeja.

Justice Akintayo Aluko also issued an order directing the bailiff of the court to serve the order of immediate release of the applicant and all processes and further abridge the time to hear the application on the respondents jointly and severally and more, particularly the officers and men, staff, employees, agents and or privies of the commander.

Also listed as defendants in the suit are the inspector general of police, the police commissioner in Lagos, and Quest Shipping Limited.

The court’s order was sequel to a fundamental rights enforcement suit filed by Gageche through his lawyer, Nelson Otaji.

In an application accompanied by an affidavit sworn to by the applicant’s wife, Mrs. Patience Abasido Gageche, it was stated that on July 13, 2024, at about 2:00 p.m., she had visited him in the police cell where he was detained and that he informed her that the fourth respondent

(Quest Shipping Limited), willfully and maliciously wrote a petition to the police and misrepresented the fact, and particularly stated that her husband vandalised its vessel, (Mt. Alexander J).

She stated that premised on the fourth respondent’s petition, the police commissioner in Lagos had, without notice or invitation to the applicant, sent officers, servants, and agents at 9:45 p.m. on July 12, 2024, and arrested Gageche, who had since been in detention.

She alleged that the commander maltreated the applicant and, more particularly, restrained his movement and denied him the right to reach his family members by seizing his cell phones.

Consequently, the applicant is seeking from the court an apology in three national newspapers for unlawful detention, an order of perpetual injunction restraining the first to third respondents, their officers, servants and or privies from further arresting, detaining and curtailing his freedom of movement and until the final determination of suit number FHC/L/ CS/241/2023.

She also sought an order compelling the respondents jointly and severally, particularly the second to third respondents’ officers, staff employees, agents and privies, to produce the applicant before the court and admit him to bail.

worth billions of naira.

Financial experts have warned that making money in investments doesn’t happen overnight. It is common knowledge or common sense that some people day trade and try to turn a quick profit, but day trading comes with additional risks. Most financial advisers say that one should invest only money one will not need for at least five years, while others also believe that one does not need to invest in launching a major business to reap the benefits of extra income. Leveraging technology to take on small jobs and tasks can help one to earn extra cash quickly.

But for many Nigerians, it is too sweet to believe when a 100 per cent increase is announced on an investment within a short period. Every day, they are

falling into the hands of voodoo investors who defraud them of their hard-earned money.

On Monday, the Ikeja Division of the Lagos High Court presided over by Justice A.M. Lawal, the world witnessed another high-profile case involving a businessman, Ayodele Toyosi, and his investors.

Toyosi was arraigned over an alleged fraud of N600,150,000 and $50,000.00.

Decked in blue guinea brocade, the polished-looking Toyosi looked unruffled as Justice Lawal reeled out his offence under the law. Toyosi was arraigned with his two companies, Reaprite Global Limited and Agrorite Limited, on an 11-count charge by the Lagos command of the Economic and Financial Crimes Commission (EFCC).

He offences bordering on

obtaining money by false pretences, stealing and retaining proceeds of a criminal conduct.

The anti-graft commission alleged that the defendant, Toyosi, with the intention to defraud, obtained the total sum of N600,150,000 and $50,000 from different people on a false representation that the money was meant for an interest-yielding investment in an agricultural export at the interest rate of 21% return on investment for six months, whereas the money was expended for his personal use.

His offences are contrary to section 1(1)(a) and punishable under section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and stealing, contrary to Sections 278(1)(b)(f) of the Criminal Law of Lagos State 2011.

EFCC counsel, Mr G.C Akaogu,

told the court that the defendant had, sometime on July 13, 2023, obtained $50,000 by false pretence belonging to James O. Emadoye. Akaogu alleged that the defendant fraudulently obtained N600,150,000 from several other persons.

The defendant pleaded not guilty to all the charges. Akaogu, after that, urged the court to remand the defendant pending the commencement of trial.

However, the defendant’s counsel, Mr Olalekan Ojo (SAN), informed the court that he had filed and served the bail application to the prosecutor. The prosecutor said he needed to file his response. nJustice Lawal adjourned the case to August 21, 2024, for bail argument on ball application and ordered that the defendant be remanded at Ikoyi Correctional Facility.

Land Dispute: Appeal Court Dismisses Suit Against Lafarge Cement, Says Case Statute-Barred

Wale igbintade

The Ibadan Division of the Court of Appeal has struck out a suit filed by some land owners of Ijagba, Sagamu and neighbouring villages against Lafarge Cement WAPCO Nigeria Plc over an expanse of land which the military government compulsorily acquired in the 1990s. In its lead judgment delivered by Justice Yargata Byenchit Nimpar, the appellate court set aside the judgement of Justice E, 0. Osinuga of the Sagamu Division of the Ogun State High Court delivered on April 16, 2018, for lack of jurisdiction and competence.

Other panel members, Justice Gabriel Omoniyi Kolawole and Justice Binta Fatima Zubairy aligned themselves with the lead judgment.

The land owners, Alhaji G. K. Oladipo, Prince Lanre Oyemade, Pa, Obafemi Oredein, Pa. I Adeyemi, P. An Ifetayo Oredein, Prince J.B. Ogunleye, Chief D.O. Onayemi (suing for themselves and on behalf of all of the land owners of Ijagba, Sagamu and Neighbouring Villages), and the attorney general of Ogun State had in Suit No. HCS/62/ 2014 sought a declaration that the

compulsory acquisition by the Ogun government of their land, approximately 1001.133 hectares lying and situated along Sagamu/ Ikorodu Road in Sagamu, was null, void and of no effect.

The claimants also prayed the court for a declaration that the Ogun government’s transfer of all that land, approximately 1001.133 hectares, to Lafarge Cement WAPCO Nigeria Plc was null, void and of no effect.

In its decision, the lower court entered judgment in favour of the first to seventh respondents and awarded a cost of N5 million only against the appellant.

Dissatisfied with the decision, the appellant (Lafarge Cement), in its notice of appeal dated May 23, 2018, urged the court to allow the appeal and set aside the lower court’s judgment.

In her lead judgment, Justice Yargata Nimpar held that the appellant raised the issue of statute of limitation against the suit of the first to seventh respondents, to which the respondents contended that the court below was functus officio, having dismissed an earlier preliminary objection on the same issue.

She pointed out that “functus

officio is a Latin word which literally means having performed his or her office,” stating that in the “context of the judge, it means that the duty or function that the judge was legally empowered to perform has been wholly performed, and the judge has no further authority or legal competence to revisit the matter.”

Nimpar added, “Surprisingly, the court below declined to consider the question of jurisdiction, contending that it was functus officio even when the fourth respondent specifically pleaded the same in paragraph 23 of the two defendants’ statement of defence.

A court is bound to consider all issues particularly where it (sic) tends to raise a challenge to the jurisdiction.

“The first to seventh respondents did not deny the fact that the cause of action arose with the acquisition in 1997, and if the period allowed by the Limitation Law is 12 years and the suit was commenced in 2014, then it is obviously outside the 12 years period allowed for land matters. Any suit filed outside the limitation period is labelled statute-barred, and the implication is that it divests the court of jurisdiction and leaves the

claim without a judicial remedy. The right of action is also worthless and an empty shell, which inures no benefit to the claimant.”

The judge also noted that the suit filed by the first to seventh respondents was statute barred and, therefore, the court below lacked the jurisdiction to entertain same, stressing that the consequence of it all “is that this court also lacks jurisdiction to determine the same.”

“The suit is hereby struck out for want of jurisdiction and competence,” the judge ruled.

On the cross-appeal, the court held that the respondents or cross-appellants “have enjoyed the compensation paid to them for the acquisition of land and are now turning round to seek for compensation in the guise that they were not privy to the agreement in the consent judgment which facilitated the payments of compensation to them.”

The judge, therefore, ruled, “The respondent/cross/appellants have come to equity with soiled hands, and they cannot drink from the fountain of justice. The cross-appeal is frivolous, gold-digging and time-wasting. I also dismiss same.”

Wale igbintade

Crude Oil Drilling & Exploration In The North Fully On Course: A Caution To Sceptics & Naysayers

By Olufemi Soneye

Every developing nation strives to attain political stability, economic growth, and meaningful development. Those aspirations can only materialise when the traits of gullibility and lack of circumspection are put in check.

Nigeria, as a country, is afflicted with some disturbing and protracting issues, such as misplaced political consciousness and intolerance, made worse by the inter-play of tribal vibes and an unrelenting leaning on bad politics.

In changing this dangerous narrative for good, the Nigerian National Petroleum Company Limited (NNPC Ltd) has vowed to end all forms of scepticism and doubts, while keeping the eyes on the ball and delivering on its mandate and policy thrust. This, to the extent that the discovery and exploration of crude oil in the northern part of Nigeria will not only appear as a dream pursued, but as an economic reality to boost OPEC quota for the nation and, as well, deepen the strength and efficiency of the petroleum industry value chain in Nigeria.

This is a strategic engagement that NNPC Ltd will not compromise on.

NNPC Ltd, in compliance with the Petroleum Industry Act, PIA, is leaving no stone unturned to continue oil drilling projects in the North after decades of exploration in the South.

With crude oil reserves of more than 37 billion barrels and the 6th largest world producer, the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the north eastern part of the country will only accentuate the prosperity and growth of Nigeria in the comity of nations.

It is therefore untrue for naysayers or sceptics to claim that NNPC has halted the search for oil in Nigeria’s inland basins. On the contrary, NNPC Ltd is intensifying its patriotic efforts, making significant progress, and advancing considerable prospects to make do its promises no matter whose ox is gored.

Exploration Continues

It must, however, be emphasized that NNPC Ltd is currently active in the inland basins of Nigeria with the following drilling projects:

1. Wadi-2 Appraisal/Exploratory Well in OPL 732: This well is in Borno State, within the Chad Basin. It was spudded on November 4, 2023, and drilled to a total depth of 12,050

Group CEO, NNPC, Mallam Mele Kyari

feet. The drilling phase concluded on June 29, 2024. Preliminary results from the geological evaluation of the well objectives led to post-drilling well testing, which began on July 4, 2024, and is ongoing. This testing aims to further evaluate the target reservoirs for the occurrence of a commercial accumulation of hydrocarbons and to obtain data for future field development.

2. Ebenyi-1 Exploration Well in OPL 826: This well is situated in Nasarawa State, within the

Middle Benue Trough. Drilling began on July 17, 2023. The 17½” hole section was drilled and cased to a depth of 3,449 feet. The drilling operations faced challenges due to issues with the hole and equipment breakdowns. The turnkey contractor is finalizing plans to replace the drilling equipment with newer models to continue drilling operations to the planned total depth of 14,250 feet.

You may recall that the defunct Frontier Exploration Services (FES) of NNPC Ltd drilled three wells—Kolmani River-2, Kolmani River-3, and Kolmani River-4—in the Upper Benue Trough (northeast Nigeria) on our behalf and co-venturers.

This drilling campaign confirmed the presence of commercial hydrocarbon deposits in the Kolmani field of OPLs 809 and 810. The rig that drilled these wells was subsequently moved to start the Nasarawa project, with the goal of replicating the success achieved in the Kolmani field.

In collaboration with co-venturers, we are working towards the next phase of field development. The post-exploration planning takes time to meet regulatory requirements before the development phase can commence. Significant infrastructure projects are currently underway to facilitate the movement of heavy-duty equipment for the next project phase in the area.

NNPC Ltd has not and will not suspend its inland basins oil and gas exploration activities, as some have suggested.

Instead, the company is intensifying efforts to expedite the process and ensure the efficient exploitation of hydrocarbon resources in these areas, thereby contributing to national energy security.

Pius Akinyelure/Mele Kyari’s Midas Touch

The current leadership of NNPC Ltd appears committed to addressing every gap within its purview, and this also extends to infrastructural issues associated with the oil and gas industry such as gas shortages for power supply, pipeline protection and maintaining the uninterrupted provision of petroleum products across the country.

For clarity, the NNPC Ltd, under the chairmanship of Chief Pius Akinyelure and managerial leadership of Mele Kyari, is wellpositioned to capture the economic opportunities associated with developing and selling hydrocarbons in a resource rich country like Nigeria. These benefits are to be equitably distributed across society and create wealth for human capital development and capacity building.

It is to further achieve this sufficiency that, under Kyari’s leadership, NNPC Ltd is fully aligned with the federal government’s ambition to accelerate economic growth and diversify the economy for the benefit of all Nigerians. This is being achieved through timely, credible, clear, and consistent policies.

Since taking charge in July 2019, he has driven significant organizational renewal and greatly improved NNPC’s performance and long-term viability. The board and Kyari have been the driving force behind ambitious business growth and have instilled a new commercial mindset throughout the company’s entire value chain.

Under his leadership, the NNPC Ltd workforce has been revitalized. Today, the company continues to attract the interest of business partners, customers, suppliers, and shareholders. Since its transition to a commercial entity under the Petroleum Industry Act (PIA) 2021, and in line with the Company & Allied Matters Act (CAMA) provisions, NNPC Ltd has consistently delivered value despite its unique operational challenges.

Steady Growth

For the first time in 43 years, NNPC declared a profit. From a loss of N803 billion in 2018, the company reduced this to just N1.7 billion in 2019. Remarkably, in 2020, NNPC posted its first-ever profit of N287 billion, which grew to N674.1 billion in 2021, and by the end of 2022, it had soared to N2.548 trillion

Our 2023 Finacial Statement

In our 2023 Audited Financial Statement, AFS, we declared a net profit of N3.297 trillion for the fiscal year, indicating an increase of 28 percent (over N700 billion) compared to the N2.548 trillion recorded in 2022.

The N3.297 trillion profit declared for 2023 is very symbolic as it is the highest ever to be recorded since inception, 46 years ago. In terms of asset growth, we have moved from N13,300 billion in 2019 to N15,836 billion in 2020; N16,262 billion in 2021; N58,652 billion in 2022; and N246,816 billion, in 2023.

NNPC Ltd will definitely continue exploration in the north so that it can continue this type of excellent financial performance and gains for its investors and Nigerians at large.

The more strategic explorations we make, the better for all of us.

•Soneye is the Chief Corporate Communications Officer, CCCO, of NNPC Limited.

Adelabu: FG Planning to Make Reliable Power Supply Human Right

The Minister of Power, Adebayo Adelabu, yesterday said that the policy thrust of the President Bola Tinubu administration is to consider the provision of electricity a fundamental human right to all Nigerians.

Adelabu announced this at the inauguration of the Power Sector Communications Team (PSCT) made up of media managers in the ministry of power and all its agencies.

He described the inauguration of the team as a significant milestone in the sector’s effort to inform the public about the policies and programmes of the ministry and its agencies.

The minister added that the PSCT was a platform for clear, consistent, and transparent communication, aimed at building trust and confidence in communication.

“Today marks a significant milestone in our collective efforts to illuminate Nigeria. We gather here to inaugurate

the PSCT, a strategic initiative designed to bridge the gap between the power sector and the public.

“Effective communication is the bedrock of any successful enterprise, and the power sector is no exception. It is a complex sector, often misunderstood and fraught with challenges. The PSCT is our response to this.

“It is a platform for clear, consistent, and transparent communication, aimed at building trust and confidence in the sector.

“The PSCT is more than just a team; it is a commitment to excellence in communication. Its members, drawn from the heart of the power sector, are dedicated to translating complex technical issues into plain language, fostering collaboration among stakeholders, and creating a positive narrative around the sector.

“We envision a Nigeria where electricity is not just a luxury but a fundamental right. To achieve this, we must work together, and effective

Succour for Motorists as Reconstruction Work Begins on Lagos-Ota-Abeokuta Expressway

Relief is on the way for motorists plying the Lagos-Ota-Abeokuta Expressway as the contracting firm, Craneburg, has moved to site to begin the reconstruction of the ever-busy road.

The flag-off/turning of the sod for the reconstruction will take place on Friday, 23 August. It will be performed by the Governor of Ogun State, Dapo Abiodun.

Cranebourg started mobilising its equipment to the site 10 days ago to begin palliative measures in

an attempt to make one side of the road motorable, while construction proper begins on the other section.

The palliative measures already completed on the road covered Sango-Ota, Pakoto, Ifo, Ewekoro, Itori, and Obada, with stone base spread on the bad portions to make traveling less stressful while the reconstruction is ongoing.

The federal government-owned road has been in a deplorable state for more than 20 years. It was finally handed over to the state government

this year by the President Bola Tinubu-led administration after previous efforts.

Abiodun emphasised that bureaucratic bottlenecks stalled the reconstruction of the road.

While recalling the efforts by the Ogun and Lagos state governments to take over and reconstruct the expressway, Abiodun said he and his Lagos State counterpart were frustrated by delays from the federal government.

According to the governor, with

Tinubu, the federal government was approached again for the transfer of the road to the state, a request that was granted.

He said: “The Abeokuta-OtaLagos road is a federal government road and has been in very bad shape for long. Because of the suffering our people endure on the road, my counterpart in Lagos and I jointly wrote a letter using a single letterhead to the federal executive council seeking the transfer of that road for us to reconstruct.

communication is key. The PSCT is a vital tool in this endeavour,” he stated.

In his speech, the Special Adviser to the Minister on Strategic Communications and Media Relations, Bolaji Tunji, who is also the Chairman of the team, described communication as the backbone of trust and reliability.

He also said that it was a crucial aspect of the team’s work as providers of an essential utility to all Nigerians.

“We have a responsibility to communicate effectively with all the stakeholders in the power sector value chain. Without effective communication, we would be winking in the dark.

ichael Olugbode in Abuja

The federal government has given approval to the Nigeria Immigration Service (NIS) to increase the fees for Nigerian passport.

The 32-page passport which fee goes for N35,000 as from the beginning of next month would be issued at N50,000 while the 64-page passport with ten years validity which presently stands at N70,000 would be issued at N100,000.

The spokesman of NIS, Kenneth Udo, in a statement on Wednesday said the decision was taken as part of efforts to maintain the quality and

“Our vision is to transform the perception of the power sector by providing consistent, truthful, and insightful information that highlights the ongoing progress, challenges within the sector. We believe that by fostering a culture of open communication, we can build the trust that is essential for our nation’s progress in this critical area.

integrity of the Nigerian Standard Passport.

He noted that the federal government approved the upward review of the fees for the passport effective from 1st September, 2024.

He said: “Based on the review, 32-page Passport booklet with 5 year validity previously charged at Thirty-five Thousand Naira (N35,000.00) will now be Fifty Thousand Naira (N50,000.00) only; while 64-page Passport booklet with 10 year validity which was Seventy Thousand Naira (N70,000.00) will be One Hundred Thousand Naira (N100,000.00) only.

Emmanuel Addeh in Abuja

The FIRS is out to modernise Nigeria’s tax system to incorporate cryptocurrencies, writes ARABINRIN ADERONKE

ADEDEJI: SANITISING THE CRYPTO WORLD

As Nigeria dives into the world of digital currencies, one man is stepping up to make sure the country’s tax laws don’t get left behind. Dr Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS) has shared in his recent plans to revamp Nigeria’s tax system to change the game for how cryptocurrencies are taxed.

Cryptocurrencies have rapidly gained popularity worldwide, and Nigeria is no exception. With its engagement in digital currency trading, the country faces the pressing challenge of integrating these assets into a coherent tax framework. Current regulations, such as the Stamp Duty Act of 1939, are outdated and inadequate for addressing the complexities introduced by digital currencies. Recognizing this gap, the tax boss is bringing a major update to Nigeria’s tax system to make it fit better with today’s financial realities.

Cryptocurrency has become a major financial phenomenon in Nigeria. With substantial trading volumes and a growing base of users, digital assets like Bitcoin and Ethereum are not just a trend but a growing sector of the economy. This rapid growth presents both opportunities and challenges, highlighting the need for a regulatory framework that can effectively manage the evolving financial world.

Countries around the world are working to figure out how to regulate and tax cryptocurrencies. In the United States, cryptocurrencies are treated as property, and any profits from them are subject to capital gains tax. The United Kingdom and Germany also classify digital currencies as assets and impose capital gains tax on them. Japan has a more detailed approach, taxing cryptocurrency gains based on whether they are considered miscellaneous income or capital gains. These global practices provide useful examples of how different regions are addressing the challenges posed by digital assets.

Dr. Zacch’s changes to Nigeria’s tax system, especially regarding this new update on cryptocurrency, bring with it benefits for

Nigerians. By setting clear rules for digital assets, these reforms make it easier for people and businesses to understand and meet their tax responsibilities. This clarity helps boost confidence in the cryptocurrency market and encourages more people to get involved.

The new rules also protect consumers by reducing the risk of fraud and scams, making the market safer. Additionally, better regulation means more tax revenue for the government, which can be used to improve public services and infrastructure. By tackling issues like tax evasion and illegal activities, the changes help create a more stable financial environment. Aligning Nigeria’s tax policies with global standards also helps attract international business and investment. It suffices to say that this move is set to create a more transparent, secure, and thriving financial system for Nigeria.

As the digital economy evolves, keeping tax regulations up to date with technological advancements is important. Dr. Zacch, in his efforts, is taking charge to modernize Nigeria’s tax system to effectively incorporate cryptocurrencies. His approach involves establishing clear, practical guidelines for digital assets, simplifying tax reporting, and leveraging technology to ease compliance.

The tax boss's commitment ensures that Nigeria’s tax policies adapt to the growing influence of digital currencies. By collaborating with businesses and taxpayers, he aims to build a tax framework that supports innovation while making it easier for everyone to meet their tax responsibilities. As other nations refine their approaches to cryptocurrency taxation, Zacch’s leadership is making the necessary change and keeping Nigeria’s system flexible and responsive to new developments in the digital financial economy.

Aderonke, an award-winning journalist is Technical Assistant, Broadcast Media at the Federal Inland Revenue Service

JOSHUA OCHEJA argues that President Tinubu’s directive to sell oil to local refineries in naira is in order

ON THE SUNNY PATH

Sometime last month, I authored an article titled.

“Are there modular refineries in Nigeria?” In the article, I advocated for the sale of crude oil to modular refineries in Nigeria's local currency, the naira to help address the challenges in the sector. Two days later, the President gave a directive to the Nigerian National Petroleum Corporation Limited, (NNPCL), to sell crude oil to local refineries in naira. I smiled when I read the news. What a pleasant coincidence I concluded. Some days back, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, inaugurated a technical sub-committee to implement the directive on crude oil sale to local refineries in naira. Did the President read my article?

This piece will dwell to an extent on my previous article as I will attempt to analyse and bring it up to date with the implications of the president's directive and the subsequent inauguration of a technical sub-committee to implement the directive. In my article, I stated thus: “African countries are tapering towards developing capacities to solve their problems. This entails creating an environment that enables indigenous solutions in critical sectors of the economy. In 2001, former President Olusegun Obasanjo lifted the lid on operationalizing manageable-sized petroleum production when he inaugurated the Presidential Committee on Local Content in the Oil and Gas Industry to promote Indigenous participation and ownership.”

My position here was to highlight the necessity for the country to start looking inwards towards solving the myriad of challenges confronting us. We have local refineries in Nigeria with the capacity to meet some of our local consumption demands, and one of the ways to encourage these refineries was to create an enabling environment through a steady supply of crude oil and sale in naira. And the president gave a directive to sell crude oil to these refineries in our own currency.

I also stated that “Being a vast market, Nigeria can sustain the smaller modular refineries side-by-side with the big players in the industry, including the federal government-owned processors.” My position here was that alongside the modular refineries, the government must also provide incentives to the big players, including the new Dangote Refinery in the package. The technical sub-committee recently inaugurated is mandated among other things “ to craft a robust framework for naira-based crude sales, paving the way for a self-reliant and globally competitive energy sector.”

I also advanced the position that “modular refineries have the potential to grow into massive refining clusters and envisage a situation where at least 10 per cent of Nigeria’s oil production should be refined through modular refineries, with the overarching objective to provide a lower-cost, steady supply of petroleum products on a local level.” I had factored in the removal of fuel subsidy and the attendant impact it has had on the economy. I envisaged that an effective strategy for promoting the capacity of local refineries would go a long way in providing a lower-cost, steady supply of petroleum products for local consumption. The implication is that some of the associated costs in the refining of crude oil would be eliminated, thereby bringing down the cost in petroleum prices.

Back to the crux: The inauguration of the technical sub-committee on the sale of crude oil to local refineries in naira. The government has matched its words with action. I gathered that members of the committee include: Lydia Jafiya, Permanent Secretary, Ministry of Finance; Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), as well as representatives from the NNPCL, Central Bank of Nigeria (CBN), Afrexim Bank and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This list is impressive in the sense that the various agencies of government involved in the crude oil sale management are involved. The thrust

of transforming Nigeria’s energy sector into “one that is self-reliant and globally competitive is achievable if the committee does diligent work. It seems this government listens. The swiftness with which Tinubu directed the mitigation of the foreign exchange challenges of local refineries is more than fortuitous. This does not take away the fact that the growth of local refineries could lead to increased competition in the fuel market, potentially driving down prices and improving product quality. This would be a boost on our socioeconomic life.

This much was corroborated by finance and economic experts who have stated that the “policy has the potential to reduce general costs of living, strengthen the country’s currency and foreign exchange position and underpin long-term development of local industry.” The civil society was not left out too. They commended President Bola Ahmed Tinubu for his visionary leadership and statesmanship, with a strong commitment towards addressing the socioeconomic challenges in the country. But there is a caveat: The NNPCL must rise to the occasion by scaling up its production to meet its local and foreign obligations. This is on the heels that Nigeria currently has 25 licensed modular refineries. Five are operational and producing diesel, kerosene, black oil and naphtha. About 10 such projects are under various stages of completion, while a handful of others have received licenses to establish. At complete optimization, these refineries can process 200,000 barrels of crude daily. This is aside from the Dangote Refinery with a capacity to process about 650,000bpd.

Waltersmith Petroman Modular Refinery and Petrochemical Company Limited, another significant player in the industry is moving from 5,000 to 10,000 bpd, with a focus on achieving 40,000bpd capacity at full optimization. Aradel Refinery had gone ahead to commit over a third of its 9,300 bpd output in 2023 to process in its three-train 11,000bpd capacity refining facility. Edo Refinery and Petro Chemical Company (ERPC) is a 6000bpd modular refinery. The Azikel refinery is a modular hydro-skimming petroleum refinery with a total production capacity of 12,000bpd. One thinks that if these local refineries have a steady crude oil supply and payment is made in naira, the impact on the socioeconomic well-being of Nigerians would be astonishing. However, careful implementation and monitoring are essential to ensure that the desired outcomes are achieved. As we keep our fingers crossed, let's have one thing in mind. It seems this government listens. I encourage us to take out time to give advisories. We never can tell what happens afterwards.

Ocheja, a military historian and doctoral researcher, is an alumnus of the Nigerian Defence Academy

Editor, Editorial Page PETER ISHAKA

Email peter.ishaka@thisdaylive.com

ENUGU’S FIGHT AGAINST NOISE POLLUTION

The policy, if enforced, will benefit all

Even when the World Health Organisation (WHO) has long identified noise pollution as one of the most dangerous environmental threats to health, Nigerians have been forced to adapt to unbearable noise levels in their environment, even at the risk of their mental and physical health. In several communities across the country, churches, mosques, hotels, event centres, lounges, clubs and party organisers tune their sounds to high heavens without any regard for the convenience or well-being of others. To halt this ugly trend, the Enugu State government has formulated an anti-noise pollution policy that will take effect from 15 November 2024. It is a development we endorse.

Having identified noise pollution as one of its greatest challenges in the capital city, authorities in Enugu seek a tolerable level of noise that does not become a public nuisance as it is in most cities across the country. “We will plan the city so that whoever comes into the state can have peace.” Executive Chairman of Enugu Capital Territory Development Authority (ECTDA), Uche Anya disclosed this at a town hall meeting in Enugu. “All concerned churches, mosques, bars and clubs must begin the implementation of the policy by removing all speakers positioned outside their buildings,” Anya said while noting that a sustainable and serene human environment remains a strong driver of human productivity in space and time. He added that there is no such thing as a noise permit from the government.

horns in traffic, construction sites, etc. But the real purveyors of noise are the religious organisations that have, in a bid to outdo one another, become a nuisance in most urban and rural areas across the country.

Doctors are concerned that pollution worsens underlying health

issues, particularly cardiovascular challenges like blood pressure levels and stress related diseases

T H I S D AY

EDITOR SHAKA MOMODU

DEPUTY EDITOR WALE OLALEYE

MANAGING DIRECTOR ENIOLA BELLO

DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU

CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI

EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN THE OMBUDSMAN KAYODE KOMOLAFE

T H I S D AY N E W S PA P E R S L I M I T E D

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA

Scientists have determined that noise, ordinarily, is not a bad thing. But it becomes a pollutant in the environment when it rises to unbearable levels. In Nigeria, noise specifically emanates from electricity generating sets at home and offices and from indistinct high volume music blaring at street-sides as vendors of all sorts of items compete for attention. Noise also emanates from vehicle engine and

GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU, EMMANUEL EFENI

DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, ANTHONY OGEDENGBE

DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI

SNR. ASSOCIATE DIRECTOR ERIC OJEH

ASSOCIATE DIRECTOR PATRICK EIMIUHI

CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI

DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO TO SEND EMAIL: first name.surname@thisdaylive.com

Letters to the Editor

We believe that people can worship their God without disturbing the peace of others who need the solitude of their homes and offices. The National Environmental (Noise Standards and Control) Regulations of 2009 has all manner of provisions which the federal government believes will enthrone a healthy environment for all in Nigeria. These include the tranquility of their surroundings and their psychological well-being by regulating noise levels and generally, to elevate the standard of living of the people. The regulation prescribes the maximum permissible noise levels a facility or activity to which a person may be exposed, for the control of noise and for mitigating measures for the reduction of noise.

In all these rules, the government stipulates maximum permissible noise levels from a facility in the general Environment, and that there will be exemptions for those who can prove that high noise levels from their facility is inevitable. Regardless, those who seek exemption are required to apply for a permit to emit noise more than the permissible levels, and this permit can be revoked if there is violation of the terms and conditions. Besides, whoever considers that the noise levels being emitted, or likely to be emitted, may be higher than the permissible noise levels are expected to complain in writing but must show or prove personal loss or injury or discomfort caused by the emission of the alleged noise.

Doctors are concerned that pollution worsens underlying health issues, particularly cardiovascular challenges like blood pressure levels and stress related diseases, sleeping disorders, fatigue, as well as hearing problems. We encourage other states to join Enugu in paying similar attention to the issue of noise pollution.

Letters in response to specific publications in THISDAY should be brief (150-300 words) and straight to the point. Interested readers may send such letters along with their contact details to opinion@thisdaylive.com. We also welcome comments and opinions on topical local, national and international issues provided they are well-written and should also not be longer than (750- 1000 words). They should be sent to opinion@thisdaylive. com along with photograph, email address and phone numbers of the writer.

WHY FARMERS ARE SHIFTING TO FOOD

The high cost of living, especially of the food component, as constantly highlighted by the National Bureau of Statistics (NBS) and the experience of breadwinners while buying basic food items, have made many farmers to pay more attention to staple crop production instead of cash crops.

Farmers in farming communities have been pushed to abandon or severely limit the production of commercial commodities and embraced the production of staple crops. They want to feed their families first before feeding foreign and domestic factories with sesame seeds, hibiscus flower, soya beans, ginger.and wheat.

Facing soaring cost of basic food stuff triggered by floating the Naira, high cost of transportation in a country without functioning railways, millions of farmers have realised that shifting production from commercial to subsistence food crops has become a child of necessity.

This shift can affect the inflow of foreign exchange earning for the country through the exportation of agricultural commodities. It will reduce the inflow though not so drastically given that Cocoa and a few other commodities were not affected by the shift.

Details in the NBS 2023 foreign trade data shows that Nigeria exported agricultural goods worth N1.23 trillion that year. This, it

says, represented a notable rise.

The data further indicates that Sesamum (riɗi) seed worth nearly N254 billion was exported last year. This was beside its domestic processing by oil millers and animal feed factories. But the NBS data did not indicate the Naira value or tonnage crushed by the domestic processors of the commodity.

Nigeria is one of the large-scale producers and exporters of ginger in the world. It is grown mainly in Kaduna, Nasarawa, Benue, Niger, Bauchi and Gombe States.

The Ginger Association of Nigeria said at its website that Nigeria's ginger export reached a record high in 2023. The Association did not state the tonnage exported and its value in Naira. But in a separate entry, it said that a ton of wet ginger is sold for ₦4,500,000 while a ton of dry and split ginger is sold for N5,000, 000. Surprisingly the NBS did not include ginger in its 2023 foreign trade report.

The export of soya beans in 2023 earned the equivalent of N120.10 billion in foreign exchange for Nigeria. As in the case of sesame seeds, a large quantity of the commodity is processed domestically to extract oil and the residues turned into animal feed. It has also created a fried soya cake (awara) industry across the

CROPS

country.

Clearly the shift signifies a major resetting of priorities and flexibility by farmers in the face of the high prices of food items. On its part, the federal government suspended import taxes on certain food items hoping that will lower food prices.

The federal government also promised to collaborate with state governments to accelerate domestic food production, Yakubu Gowon-era style after the 1973 drought. Then subsidised inputs were provided to farmers.

Reports in the media suggest that the promise by the federal government to supply 20 trucks each of 25 kilogramme processed rice to the 36 states and federal capital territory is still on even though delivery to 21 states was pending at the time of writing this article. Procuring the 222,000 metric tons of processed rice and the 740 trucks to deliver it to the 36 states and the federal capital territory is not so easy a task. Although the ₦40,000 price per bag to the designated beneficiaries in the civil service could be beyond their purchasing power, they were nevertheless baffled by the suspension of the offer while registering to benefit from it.

Salisu Na'inna Dambatta, Rabotati002@gmail.com

Officer, Dangote

L-R: Lead, Business Champions Programme, Presidential Enabling Business Environment Council (PEBEC), Taiwo Ajetunmobi; Chief Operating Officer, IHS Towers, Kazeem Oladepo; Managing Director and Chief Executive Officer, Airtel Nigeria, Carl Cruz; Chief Executive Officer, Financial Derivatives Company (FDC), Bismarck Rewane; Anchor, Arise News, Rolake Akinkugbe-Filani; Chief Executive Officer, MainOne, Funke Opeke; and Chief Executive Officer, Federal Competition and Consumer Protection Commission (FCCPC), Olatunji Bello, during the Telecoms Industry 2.0 Townhall event held in Lagos...recently

L-R: Chief Executive Officer, Waltersmith Refinery, Muhammad Musa; Chairman CORAN/OPAC Refinery, Momoh Jimah Oyarekhua; President/CEO, Dangote Refinery, Aliko Dangote; Executive Director, Dangote Group, Halima Aliko Dangote; Chairman/CEO, Integrated Oil and Gas/Chairman, CORAN Board of Trustee (BoT), Captain Emmanuel Iheanacho (rtd); Chief Strategist, Legend & Legacy, Kunle Odusola-Stevenson; and Group Chief Strategy

Group, Aliyu Suleiman, during a courtesy visit by Crude Oil Refinery Owners Association of Nigeria (CORAN) to the Dangote Refinery in Lagos...recently

L-R: National Coordinator, Human Rights Writers’ Association (HURIWA), Emmanuel Onwubiko; Project Director, HURIWA, Queen Onwuehalu; and Director-General, National Youth Service Corps (NYSC), Brigadier General Yushau Dogara Ahmed, during the presentation of Icon of Human Rights Award 2024 to General Ahmed at the NYSC National Directorate headquarters in Abuja...recently

L-R: Executive Chairman, Kwali Area Council, Federal Capital Territory (FCT), Danladi Chiya; Guest Speaker/ Founder, Helpline Social Support Initiative, Abuja, Dr. Jummai Ahmadu; Mandate Secretary, Area Council Service Secretariat, FCTA, Mr. Bitrus Lawrence Garki; and Chairperson, Indigenous Day Planning Committee, Azaki Mary Sabo, during the World’s Indigenous Peoples Day 2024, held in Abuja...recently

PHOTO: eNOCK ReUBeN

L-R: The Consulate-General of the United Arab Emirates (UAE) Lagos, Dr. Abdulla Almandoos; Lagos State Commissioner for Health, Professor Akin Abayomi; and Group Chief Executive Officer, American Hospital Dubai, Sheriff Beshara, at the inauguration of the American Hospital Nigeria, in Victoria Island, Lagos... recently PHOTO: KUNLe OgUNFUYi

L-R: West Africa Regional Director, African Union Ambassadors Assembly, Irene Nwagbara; Honourary Ambassador, Vivian Elegalam; International Society of Diplomats, Ambassador, Orok Orok; Deputy Secretary, African Union Affairs, Dr. Tunji Asaolu; during the Investiture ceremony of African Union Ambassadors Assembly in Abuja...recently PHOTO KiNgsLeY aDeBOYe

Report: Global Consumers Engage

with AI Tools to Enhance Work, Life Style

In light of the rapid technology advancements, global consumers are engaging more with emerging technology like Artificial Intelligence (AI), using it to enhance their work and lifestyle, a recent report by Kaspersky, a global cybersecurity and digital privacy company, which conducted an in-depth study to explore current levels of confidence in the use of AI, has revealed.

According to the report, titled, “Excitement, Superstition and Great Insecurity – How Global Consumers Engage with the Digital World,” AI is becoming a new member of society, taking on new roles in fields where it

can succeed and be trusted by humans.

The study examines the roles of AI from management positions in the workplace to assisting with significant life decisions.

According to the study, respondents see AI as their team member at work, and a manager, as 34 per cent of those surveyed globally believed AI can be a fairer boss than a human being because of its impartiality. For respondents from the Middle East, Turkey and Africa (META) region the statistic is 40 per cent, while in South Africa it is 42 per cent, according to the report.

Another area where AI can play an active role is in education,

where 47 per cent of respondents globally said AI has helped them in pursuing their educational career, as 60 per cent in the META region and 68 per cent in South Africa foresee children being taught through virtual experience and Metaverses in the near future.

The report said 50 per cent of all consumers globally, 53 per cent in the META region and 64 per cent in South Africa believed that AI has already become an unavoidable part of their lives, with 43 per cent, 46 per cent and 52 per cent respectively, having a positive outlook on its potential to bring about many exciting opportunities and improve the future for everyone. A large portion

of respondents admitted that AI has capabilities in creative areas, where 62 per cent globally, 59 per cent in the META region and 53 per cent in South Africa believed AI is a credible producer of works of art.

AI can also be considered a reliable companion and an assistant in everyday life. More than half of respondents, about 57 per cent globally, 67 per cent in the META region and 60 per cent in South Africa said they would like to use AI to run their daily lives more efficiently.

From the global survey, 60 per cent in the META region and 56 per cent in South Africa, said they were ready to use an AI Chatbot

to have conversation online, as 31 per cent, 38 per cent and 33 per cent respectively, said they would use it to help them to find the right partner on a dating app. The report further said 48 per cent globally, 58 per cent in the META region and 63 per cent in South Africa believed that human relationships would change because of the impact of AI if virtual characters start replacing real-life partners.

Analysing the report, Machine Learning Technology Research Group Manager at Kaspersky, Vladislav Tushkanov, said: “We are witnessing the growing adoption of AI as a valuable tool, assisting people in diverse areas. Beyond traditional applications, such as

processing and analysing data, AI is being entrusted with more intriguing personal roles, including romance, education, and work. As AI technologies continue to evolve, their potential to drive innovation and improve human experiences becomes even more profound. However, this advancement also brings unexpected risks and sophisticated threats, ranging from overreliance, such as putting too much trust in AI advice, to AI-generated phishing, deepfakes and identity theft. These are the challenges that we need to address across multiple levels.”

Raheem Akingbolu

Governor of Oyo State, Seyi Makinde has urged advertising practitioners and other stakeholders to be innovative, adhere to professionalism and collaborate with the government to sanitise the advertising industry and grow the nation’s economy.

The governor, who was represented by the state Deputy Governor, Bayo Lawal, made the call at the 39th Annual General Meeting (AGM) of the Out-of-Home Advertising Association of Nigeria

(OAAN), held in Ibadan.

Also speaking at the AGM, experts in the integrated marketing communications industry called on the practitioners to rejig their strategies by embracing technology, introducing flexible pricing options and offering value-added services, among others to enable them attract more clients and reposition the practice for growth.

Governor Makinde stated that his administration was committed to the growth of every industry with its ease of doing business policies.

He called for the erection of innovative outdoor advertising boards that not only communicate a brand message but beautify the environment and make Nigeria’s cities come alive.

He said: “The outdoor advertising industry plays a critical role in shaping the visual landscape of our cities and it is essential that we work together to ensure that this landscape is not only vibrant and dynamic but also orderly and well-regulated.

“We are committed to maintaining a sanitized and

organized advertising space in Oyo State. To achieve this, we must hold practitioners accountable to the highest standards of professionalism and compliance. The structures you erect should not only communicate messages effectively but also enhance the aesthetic beauty of their surroundings. It is our collective responsibility to ensure that these structures contribute positively to the visual environment, adding to the charm and appeal of our cities and towns.”

Also speaking at the event, Director General, Advertising

Regulatory Council of Nigeria (ARCON), Dr. Lekan Fadolapo, while commending the leadership of the professional body, admitted that OAAN has impacted lives in Nigeria for 39 years, as well as created thousands of jobs and contributed to the economic growth of the country.

Fadolapo, who was represented by ARCON Zonal Head in Ibadan, Hadiza Bello, said: “The Out-ofHome Advertising Association of Nigeria has redefined the practice of the out-of-home sector in Nigeria by setting operational guidelines and

standards that its members have abided by, helping to strategize and position it to what it is today.”

Chief Executive Officer (CEO), Prima Garnet, Lolu Akinwunmi, in his paper titled, ‘Redefining OOH Media in Nigeria: The Practice, The Business and Value Creation,’ noted that though outdoor advertising has evolved over the years, the practice is still confronted by challenges, which have continued to hold down its growth.

Emma Okonji

Strategic Benefits of Access Holdings’ Rights Issue for Investors

Kayode Tokede posits that the ongoing capital raising exercise by Access Holdings Plc would lead to significant growth in operations and create higher value for all shareholders

The Central Bank of Nigeria (CBN) on March 28, 2024, announced a two-year bank recapitalisation exercise, which commenced on April 1, 2024, and is expected to end on March 31, 2026. In line with this development, Access Holdings Plc, one of Nigeria’s largest financial institutions, had announced plans to raise a staggering N351 billion through a rights issue.

The company has a capital raising programme of $1.5 billion, planned to be executed via equity, quasi-equity, and debt issuances. For investors, the capital raising presents an opportunity to expand the company’s earnings window and improve returns on investment.

For the right issue, Access Holdings is offering 17.772 billion ordinary shares of 50 kobo each to existing shareholders at N19.75 per share. The offer opened on Monday, July 8, 2024.

The offer period, which was initially scheduled to close today, August 14, 2024, has now been extended to August 23, 2024. The extension followed approval of the Securities & Exchange Commission (SEC).

Access Holdings extended the acceptance period for the rights issue, providing existing shareholders and other investors additional opportunity to participate in the new capital raising.

In a regulatory filing at the Nigerian Exchange (NGX), Access Holdings explained that the decision to extend was in response to the recent nationwide protest that disrupted operations of businesses and individuals across Nigeria.

Stakeholders insist that the funds raised is expected to fortify the bank’s capital base, supporting its continued expansion and its ability to seize emerging opportunities in the financial sector.

The proceeds of the proposed Rights Issue would be used to support ongoing working capital needs including organic growth funding for its banking and other non-banking subsidiaries.

The plans for the programme were disclosed in the Group’s Notice of the 2nd Annual General Meeting holding on April 19, 2024, which was published on the Nigerian Exchange portal on March 27, 2024.

BREAKDOwn

OF THE RIgHTS ISSUE

With the rights issue, Access Holdings will see an expansion in its issued share capital from N17,772,612,811.00 , divided into 35,545,225,622 ordinary shares, to N26,658,919,216.50.

This expansion is facilitated by the creation of an additional 17,772,612,811.00 ordinary shares, each priced at N0.50 Kobo, which will rank pari-passu with the existing shares of the company.Existing shareholders are to purchase one ordinary share for every two existing shares held.

The recapitalisation plan set by the CBN requires minimum capital of N500 billion, N200 billion, and N50 billion for commercial banks with international, national, and regional licenses respectively.

Likewise, the CBN also raised capitalisation baseline for Merchant Banks (N50 billion) and Non-interest Banks (National: N20 billion and Regional: N10 billion).

The options for the banks include private placement, which allows lenders to seek new funds from pre-selected private investors and rights issue, which authorises them to invite existing shareholders to purchase additional shares in the bank at a discounted price relative

to the current market price, among others.

SHAREHOlDERS gIvE nOD TO RIgHTS ISSUE

Different groups of shareholders associations expressed their optimism on the ongoing rights issue by Access Holdings Plc.

They described Access Holdings as a forward-thinking financial institution with the right leadership and customer services to drive growth and profitability.

Shareholders said the ongoing capital raising exercise by the bank would lead to significant growth in operations and create higher value for all shareholders. The shareholders outlined Access Holdings’ track record of success as Nigeria’s most profitable lender, noting that the additional capital would scale up the output of the bank.

They described Access Holdings as a great financial institution that has consistently delivered good returns to shareholders.

They expressed their confidence that the bank will sustain its success trajectory success and payment of good returns to shareholders.

Founder and former National Coordinator of the Independent Shareholders Association of Nigeria (ISAN), Chief Sunny Nwosu, advised Access Holdings to continue to live up to shareholders and other stakeholders’ expectations through quality services delivery and good returns on investment.

According to him, the rights issue will be oversubscribed given the bank’s records of performance and delivery on set targets.

Nwosu said Access Holdings remains a solid institution, which has over the years surpassed shareholders expectations and has what it takes to keep the flag flying higher.

“I do not think that Access Holdings will disappoint investors. They have consistently delivered and exceeded investors’ expectations, and this current offer will not be an exception,” he said. He projected that the Access Holdings shares would record significant appreciation whereby investors will have something significant to take home now, and in the many more years to come.

Nwosu said he expects investor confidence to be sustained, as the institution’s track record guarantees acceptance and investments anytime it comes to raise new funds from the market.

Also speaking, the National Coordinator, Pragmatic Shareholders Association (PSAN), Bisi Bakare, said Access Holdings had what it takes to attract the right investors, and it is already doing so with ease.

She highlighted the bank’s consistent dividend payments and robust financial performance, making it an attractive investment.

Bakare expressed her association’s support for the Rights issue, expressing the optimism that the offer will be over-subscribed at the end of the day.

She said members of her association have been advised to take up their rights because the bank had all it takes to continue to declare profits and dividends.

She said: “I am going to take my rights, and we have advised other shareholders

“Access Holdings’ ambitious five-year strategic plan, aims to establish a presence in at least 26 countries by 2027, including the Organisation for Economic Co-operation and Development (OECD) countries, the United Kingdom, France and the USA. To support this growth, Access Holdings plans to develop a cutting-edge digital platform and automated self-services to better serve its customers, as well as open cost-effective branches in strategic locations within and beyond Africa.”

to do so. Investors should also see the opportunities the offer presents, based on the track record of success that is synonymous with Access Holdings. The Rights Issue is very good, and attractive to savvy investors”.

Taiwo Oderinde, also a member of the Proactive Shareholders Association, said Access Holdings has really added value to the economy and investors.

According to him, the company has surpassed projections in terms of how it has grown from its humble beginning to the status of a global brand.

He said the bank had been able to grow through mergers and acquisitions, and investors should take advantage of the rights issue.

According to him, anyone that invests in the offers will count huge gains in the years to come. “I predict great returns to investors in the rights issue,” he said.

National Coordinator, Progressive Shareholders Association of Nigeria (PSAN), Boniface Okezie, said the bank’s expansion into new markets will begin to pay off now, which presents good opportunities for investors of all classes.

He advised the bank to continue to equip its branches in the domestic market and offshore with the right technology to enable them continually to deliver quality services and bountiful returns to shareholders and all stakeholders.

He said investors are investing at the right time, because all the years of expansion and opening in new markets will begin to produce the right results.

He said the subsidiaries within the holding company structure should also be strengthened to ensure they continue to be profitable.

Okezie advised Access Holdings to show more interest in funding the real sector to support the economy and sustain growth of businesses.

“Overall, Access Holdings is a great brand, that has stayed the course of time. Its ability to deliver to customers and all stakeholders is not in doubt, and we believe that that track record of great achievements will be sustained,” he said.

He further advised the bank to continue to hire great talents and sustain a quality reward system to ensure that the entire workforce is motivated to surpass targets and deliver bountiful returns to shareholders.

BEnEFITS OF THE RIgHTS ISSUE

Chairman, Access Holdings Plc, Aigboje Aig-Imoukhuede, said the group decided on a rights issue as a commitment to the bond between the group and its shareholders.

According to him, shareholder value was at the core of the group’s business vision and the group decided shareholders, who had endured to build the group to its enviable status should reap the benefits.

At the “Facts Behind the Rights Issue” session at the NGX, Aig-Imoukhuede said the group is moving to a new phase of its phenomenal growth where shareholders would reap bountiful returns on their investments.

He urged shareholders to pick their rights as they stand to gain more from their investments.

According to him, the additional capital will enable the group to maximise emerging opportunities and deliver long-term value to shareholders.

He said the group was committed to strengthening ties with shareholders and enhance value creation.

FUnDIng FOR InFRASTRUCTURE TO RISE

Access Holdings Plc reaffirmed its commitment to addressing infrastructure deficit and capital access challenges not only in Nigeria but across the continent.

Managing Director, Access Bank Plc, Roosevelt Ogbonna, said the bank’s focus on improving infrastructure at this time is informed by its desire to bridge the gap and connect Africa with the rest of the world.

“As one of the continent’s largest and most diversified financial services groups, the Group is poised to tackle Africa’s integration into global markets, which remains a significant challenge, hindering the continent’s economic growth and development, particularly in an era, where globalisation is rapidly reshaping economies worldwide.”

The Access Bank’s chief, who spoke in the light of the bank’s ongoing Rights Issue presentation at the Nigerian Exchange (NGX), said: “we are positioning ourselves to be one of the most respected banks globally,” adding, “our focus is on superior service across all the continents and countries we are operational in.”

Access Bank’s customer base, he stated, is expected to grow to 125 million by 2027, further cementing our market leadership.

This ambitious growth plan, in his words, “is part of the broader strategy to drive organic growth through strategic acquisitions, partnerships with international banks, and substantial investments in infrastructure and technology,” Access Holdings’ ambitious five-year strategic plan, Ogbonna highlighted, aims to establish a presence in at least 26 countries by 2027, including the Organisation for Economic Co-operation and Development (OECD) countries, the United Kingdom, France and the USA.

To support this growth, he said, “Access Holdings plans to develop a cutting-edge digital platform and automated self-services to better serve its customers, as well as open cost-effective branches in strategic locations within and beyond Africa.”

According to him, building on this key aspect of Access Holdings’ growth strategy is the formation of strategic partnerships with major players in the financial sector. One of which is the Group’s partnership with Safaricom Plc and M-PESA Africa to expand cross-border money solutions in Africa.

As he put it, “this partnership will leverage Access Bank’s extensive network and presence across 15 African countries, including Nigeria, Kenya, Ghana and Tanzania, to provide affordable remittance solutions to key markets.”

He said Access Holdings is extending its cross-border money solutions in Africa through strategic alliances with Safaricom Plc and M-PESA Africa, leveraging its broad network of 15 African nations to provide competitive remittance options.

Besides, he said , the financial services group is collaborating with MasterCard to create a payment infrastructure that integrates a single cross-border money transfer system across multiple African markets.

This solution, Ogbonna emphasised, will enable businesses and consumers to make and receive international payments in over 150 countries, thereby enhancing the accessibility and efficiency of cross-border payments.

He stressed that Access Holdings’ strategic expansion plan could position Africa as a global economic leader, expanding financial and credit services to remote areas of the continent.

“The opportunities for African integration and economic progress are vast,” adding that by capitalising on its extensive network, large customer base, geographic reach, and market leadership, “Access Holdings is well-equipped to unlock new opportunities for African businesses and consumers, enhancing the continent’s interconnectedness.

Ogbonna said Access Bank has experienced significant growth, particularly following its merger with Diamond Bank, pointing out that this merger has positioned Access Bank as one of the largest retail banks in Africa by customer base and the largest by total assets.

He said Access Bank currently serves its markets through Retail, Business, Commercial and Corporate, saying over the past 18 years, the bank has demonstrated strong growth potential, solidifying its position as a leader in the African banking space.

The goal of becoming Africa’s gateway to the world, he said, is driven by the company’s plan to be the continent’s preferred trade financier and payment solutions provider.

According to him, this strategy leverages the enormous potential in trade and payment, including Africa’s $24 billion electronic payments market, growing at an annual rate of 30 per cent; the $950 billion in cross-border trade; and $100 billion in cross-border payments and remittances.

Deepening Data Penetration

As Globacom celebrates its 21st Anniversary on August 29, the company has assured Nigerians of continued improved data connectivity and uninterrupted data service delivery that will boost broadband penetration in Nigeria, by leveraging emerging technologies, writes Emma Okonji

Glo1, which is a 9,800km stretch of undersea cable that was single handedly built by Globacom, and laid between the United Kingdom and Lagos, berthed on the shores of Lagos in 2010, with the primary objective to increase data penetration within Nigeria and to connect Nigeria and Nigerians to the rest of the world through high speed data connectivity.

Since the landing of Glo1 in Nigeria in 2010, it has further deepened data and broadband penetration by crashing cost internet bandwidth and providing data access to many Nigerians at affordable rate, through its special data plan.

Between 2010 and 2012, Nigeria had only SAT 3, Glo1 and MainOne submarine cables, but today, Nigeria has six undersea cables currently operating in the country and the space is still opening up. Before Glo1 and MainOne berthed, there was SAT3, but its capacity was not enough to address Nigerian connectivity needs. After Glo1 and MainOne berthed, Nigeria had the West African Cable System (WACS), and later the African Coast to Europe (ACE) Cable, promoted by Dolphin Telecoms, and later Equiano Cable, promoted by Google.

Impact of Glo1

Speaking about the impact of Glo1, since it berthed on the shores of Lagos in 2010, the Chief Technology Officer (CTO) of Glo1, Mr. Daramola Ayobami, told THISDAY that the Glo1 submarine cable has several landing points along the West African coast, which helped Nigerians to have seamless connectivity for voice and data services between Nigeria and the rest of the world.

According to him, Glo1 landing point in London, houses one of the biggest data centres in London, called the Tele House, which connects the entire world.

“When Glo1 berthed in 2010, the demand for

bandwidth was low at that time, but as the demand for bandwidth applications increases over the years, as a result of the presence of Glo1 in Nigeria, Glo1 also increased its capacity significantly to support different banking applications, e-commerce business, e-learning and telemedicine among others. In 2019, Glo1 further increased capacity, and as at today in 2024, the Glo1 capacity has been further increased enormously and this has opened a vista of opportunities for business and corporate organisations to do more with data connectivity, which is an enabler to the Nigerian economy. Before the launch of Glo1 in 2010, businesses and corporate organisations were running their applications on satellite, which has bandwidth constraints, but with the berthing of Glo1, businesses now have unlimited access to bandwidth, which further deepened broadband penetration in Nigeria,” Ayobami said.

Resilience

In March this year, Nigeria and some other West African countries suffered internet outage for days as a result of cable cut in the Red Sea, which affected other submarine cable operators except Glo1 and Equiano that were not affected. According to Ayobami, when the cut and eventual data disconnection occurred I March, Glo1 had huge capacity on its subsea fibre cable, because it was not affected and Glo1 was able to supply connectivity to most of the Internet Service Providers (ISPs) to sustain their customers.

“From the design concept of Glo1 to its implementation and rollout, the company was able to put certain measures in place to fortify and to create that resilience in Glo1 submarine cable, hence we were not affected by the undersea cable cut in March. Globacom leveraged technology

to fortify its undersea cable. Again, since 2016 till date, Globacom, has marked eight years of uninterrupted connectivity.

Throughout this period, it has maintained an excellent record in the provision of internet access for both customers in Nigeria and across Africa. It lived up to expectations in March, this year during the widespread internet disruptions as result of cuts to other submarine cables in Nigeria and West Africa,” Ayobami said.

The resilience of Glo1 facilities have been attributed to its robust construction and durability by industry experts. To further enhance its capabilities, Globacom upgraded the Glo 1 submarine fiber cable infrastructure, optimizing its utilization and service delivery, leading to provision of direct, low-latency connectivity to London and ensuring ultra-fast and reliable internet access.

The upgrade further complements Globacom’s continuous network expansions and upgrades, targeted at ensuring customers’ unique calling and browsing experiences.

Reiterating the capacity of Glo 1 to provide tailored solutions to meet the diverse needs of various clients across different sectors of the economy, including oil and gas, manufacturers, government institutions, educational establishments, and medical facilities, Ayobami explained that the Glo1 cable supports key applications such as teleconferencing, distance learning, disaster recovery, and telemedicine, benefitting communities across Africa.

Globacom has sole ownership of the entire Glo 1 infrastructure, spanning access systems, national fiber-optic backbone, international gateways, international cable networks, and data centre services. The comprehensive ownership enables Globacom to offer Glo 1 clients a unique advantage through last-mile and domestic long-haul services, as well as

wide presence and fiber-optic networks.

Pricing

Speaking about pricing as a key factor to deepen broadband penetration in Nigeria, Ayobami said Glo1 had always been disruptive operator by design, with the primary aim to crash price and make cost affordable to all. According to him, Globacom did it with voice call by crashing cost of voice calls when it introduced per second billing system from inception in 2003, when other telecoms operators were billing in minutes and had said per second billing was not possible. For the data market, Globacom, through Glo1, also crashed cost of data when it berthed in 2010. Before Glo1 berthed in 2010, two megabyte satellite capacity was sold $40,000, but Glo1 made it easy for corporate organisations to buy bulk capacity at affordable cost, the reason why most of the Internet Service Providers (ISPs) in Nigeria are buying internet broadband capacity from Glo1. Glo1 also provide capacities to all the major Tier1 carriers across the world like Vodafone among others.

Last-mile Connectivity

Glo1 is a business unit of Globacom and Globacom is a national network operator in Nigeria with expansive fibre network backbone across Nigeria, which makes it possible to connect to people and organisations in any part of Nigeria, including last-mile connectivity. Unlike other submarine cable operators that do not have mobile network to transmit the capacity of its submarine cable, Globacom owns Glo1 and uses the Globacom mobile network to transmit Glo1 submarine cable capacities to the hinterlands and last-mile.

The story continues online on www.thisdaylive.com

Agama: SEC to Drive Initiatives That Will Build Nigeria’s Economy

In this interview with newsmen after his first Capital Market Committee (CMC) meeting, the DirectorGeneral, Securities & Exchange Commission (SEC), Dr. Emomotimi Agama said the new board and management of the SEC is determined to tackle challenges facing Nigeria’s economy and support the federal government bid to achieve $1 billion economy. Kayode Tokede presents the excerpts

This is your first CMC as DG, can you give us an overview of what you told market stakeholders at the meeting?

Nigeria is certainly a developing and emerging market and an emerging market with the population we have must have a robust capital market that will help in development. It is important that we continue promoting capacity and we hope to unlock the full potential of the market in aligning with the Renewed Hope Agenda of President Bola Tinubu.

Our responsibility as the Management of SEC is to drive initiatives that will build our economy. We are providing the regulatory environment to ensure that we can attract investments to this market. we believe in a short while the National Assembly will pass the New ISA that will give us more powers to ensure we have a robust and progressive market.

We want investors to have the opportunity to save and the opportunity to invest and the opportunity to have a return on their investments. As a new management we will listen to the people, every complain that comes to the SEC will be treated. We are going to run an administration that takes the people as very important.

We all know that Nigeria is a commodity-based economy and so we must tap at the opportunities available to us. The SEC being the regulator of the commodities space will collaborate with the Federal Ministry of Trade and Investment to organise the second International Commodities Conference later in the year.

Part of what we are also doing is to embrace technology i the dissemination of information and also use technology in enhancing access to the market. that is very critical for us especially when you look at the demography that exists in this country. This country has a teeming youth population and the only way we can reach them is via technology and that is what we will do. We also know that the use of technology to enhance various products in the market is very important to us. We will work very closely with other regulatory agencies in making sure that many of these happen.

Any achievements so far?

There have been significant developments in the Nigerian capital market for 2024. In the primary market, the Commission has so far approved nine new issuances totaling N1.23 trillion, reflecting increased confidence in the market. In the fund management space, he noted that the Net Asset Value (NAV) of Registered Mutual Funds grew by 111.08% to N3.335 trillion, indicating a strong and sustainable growth.

Is it the norm for companies to come to the market without their offers being approved and announcing those offers?

It is important for us to share information and knowledge which may not be on the other side. I am sure you know what is called Book Building. And once there is a Red Herring it is allowed for the company to share information regarding an offer, once a Red Herring has been approved. A Red Herring does not speak to the approval of the offer. It only speaks to when we want to come, are you aware we want to come. Once the Commission approves that pending the discovery of price wherein a formal approval is given, a company is allowed to do so.

What is the official figure of unclaimed dividends?

As at December you had not claimed your dividend, in March a new dividend will be declared and that will add to the old one. Hence it is appearing as if it is rising, it is still the same people, not until they come to claim them, they will continue to add up. As at March 2024 it was about N215billion and what we desire to do is to make sure we bring that down. We are putting up mechanisms to make sure that happens. What we have done also in order to enhance the process is that we now have a new portal that allows you to do what we call self-service. One of the other things we are going to do is to create an app which will be in the Google play store for people to download to enable them access their dividends real time and claim same. We are working with technology and that will deal with the issue about the increase.

The SEC e-dividend portal request for BVN at a stage. Is that website by SEC?

This is very important knowing fully well the cyber security threats that exists in the space. However, if you access that portal from the SEC website,

it is genuine. The only other website that is genuine that it can be accessed from is the NIBBSS website because that platform was built in conjunction with NIBSS. You cannot run away from the fact that a lot of people might be trying to clone the website like they do for other institutions. But my guide is simply go to the SEC website which is fully protected and access it. Requesting for BVN is not out of place because for now it is the most authentic retrieval of information in the financial space. We need to verify that you are who you say you are. if the BVN provided does not match with your identity, it means it’s not yours. As an institution we try to protect the investor and protect us too as regulators. We will try to make it as easy as possible and also as protected as possible too.

We have been talking about issues in the capital market like unclaimed dividends. Any improvements?

For the SEC it is a very important topic because it speaks to the investors themselves. Unclaimed dividends are dividends that have not been paid to investors. The reason why investors come to the market is to have returns and when the return is not getting to them it becomes a challenge and the SEC is very serious about it. Very recently the Senate Committee on capital market had a hearing on the matter and we were there fully. Fr us at the SEC, we believe that we can deal with it and that has taken us into rejiging the entire process.

Very recently, the SEC and the Committee for Identity Management for the Capital Market looked at the entire spectrum of the unclaimed dividends issue and identified that the major issue is lack of identification of investors. That alone brings to the fore that technology will be a solution. So we are looking at the full hog of the entire process trying to make sure that we identify people because one of the reasons why dividends are not paid to people is because of their account numbers and other missing details that are required by the companies to be able to do that.

The SEC is in the fore front of making sure that the unclaimed dividends are reduced and at the end of the day completely erased. For the SEC, we will continue to do our best, we will employ technology, we will employ education, we will employ persuasion, we will employ every means that will cause people to understand the processes around claiming dividends, the processes around identification and the processes around making sure people understand what they need to do to get their dividends back. For us any effort to reduce these unclaimed dividends will be a positive one for us.

What is the SEC doing to attract more youths to the capital market?

It is through technology and advertisement. One of the things we intend to do is a podcast that will allow young person’s able to listen and hear about investments. It is a forerunner of a bigger project which is the capital market radio. We are committed to protecting investors, as evidenced by the recent conviction of a Ponzi scheme operator, this reinforces our stance against market offenders. It is a strong statement on the Commission’s unrelenting efforts at combating Ponzi schemes and illegal operators in the market.

Can you tell us some measures in place to ensure that the youths are not defrauded when they come to the market?

You are talking about the Virtual Assets Service Providers Regulations. The SEC has been at the forefront and we have the rules already. To make life easy for these youths we have created the Regulatory Incubation Programme, we extended that by creating the Accelerated Regulatory Incubation Programme. We are trying to make sure that it is seamless to get into the market. in the process, we guide them and advise them to meet regulations. The current SEC is the one that speaks to the people and engages them. We want the progress of everyone. We are here to work and serve Nigerians.

What efforts do you intend to make to attract listing?

We will continue to encourage companies to list and urged the exchanges to take steps to attract new listings to align with the government’s $1 trillion economy target. The Commission is ready to continue promoting capacity building on derivatives both for market operators and regulators. He also expressed optimism about unlocking the full potential of the capital market, in aligning with the Renewed Hope Agenda of the President Bola Ahmed Tinubu led administration. There are advantages to listing, those advantages have been there. Perhaps it is time to get people to understand those advantages because if you do not provide information the people would not know. Come into the market means you have access to long term funding. The current interest rate in the money market is not friendly so for any company that understands the dynamics of raising funds,

the best place to come to is the capital market. that is where you have sustainable long term funding. funding is the key to the development and growth of any institution. So without any other incentive to the extent that you can obtain long term funding from the capital market, then it is the place to go. But one thing I promise and one thing we promise as a team is that Time to Market will be properly dealt with. Approvals for issuances will be done swiftly so that when companies desire to come to the market, they know exactly what time approvals will be given. We are also going to help them even in the process of submitting their applications, which is now done electronically. If you want to do an offer, the application will be submitted electronically. What does that do? It helps with the process of review and feedback.

As part of what we are doing also, we are encouraging Nigerians to invest in the market and we are putting up adverts to tell Nigerians that we are ready for business. We have our plans and they are going to be executed so encourage your companies, encourage those you know there cannot be a better time to come to the market other than this time. We are very thankful to the President for appointing us and the only way we can show gratitude is to do our part in making sure that this market grows and that is indeed our intention.

How would you gauge compliance to regulation by listed companies?

So far it’s been a mixed bag. Clearly there has been very significant strides by companies to comply with our regulations. Of course they are aware that a new Management has been appoint ted by the President, so clearly the direction is changing and the mood is changing believing strongly that we are here for business which is compliance. For those that are yet to comply, we are encouraging them to comply, so for this administration it’s about enc0ouraging them to comply because that is what we desire for companies to do rather than punishment

In case an offer is oversubscribed what will the SEC do?

The rule says if an offer is oversubscribed, 15 per cent of the oversubscribed portion is allowed to be absorbed by the company. However, as a Commission, we are very amenable to opportunities that exist and so it is not cast in stone. If we discover that the oversubscription is beyond 15 percent and there is good reason for the absorption, we take each company case by case. So that people know exactly what they are doing. The laws are there and we must obey the laws. So we have a discussion and make sure that opportunities are provided especially when it is regulatory induced, we must ensure that every policy of government succeeds. We are partners with every institution of government to making sure that their policies succeed as they are partners with us to making sure that our policies succeed. But fundamentally, the rules say you take 15 percent of over subscription.

Agama

Governor Fubara Backs NCS to Eliminate Quackery in IT Profession

Emma Okonji

Rivers State Governor, Siminalayi Fubara has given his support to the Nigeria Computer Society (NCS), to help eliminate the issue of quackery in the Information Technology (IT) profession, and to ensure that IT professionals in Rivers State Civil Service Commission (RSCSC) are certified and complaint with the standards of NCS.

The governor gave the assurance during his opening remarks at the just concluded NCS International Conference, which held in Port Harcourt, Rivers State. According to Fubara, “We have asked NCS to send us an official letter that will enable us mandate the Rivers State Civil Service Commission to ensure that civil servants in the state that are IT professionals must be certified

Trustee Drugs Launches Trust HelpCare App

Trustee Drugs Inc., a leading pharmaceutical company with a strong presence in the United States and Nigeria, has announced the launch of Trust HelpCare, a groundbreaking healthcare AI companion that can offer advice and insights that are tailored specifically to each user.

The app, which was developed by Trustee Drugs Inc., founded by Dr. Vern Ohaya and Dr. Jude Ohaya, both veteran pharmacists with decades of experience in the healthcare industry, is designed to transform the way Nigerians manage their health and wellness, using the advanced capabilities of Google Gemini AI.

The brothers, having successfully managed a multi-chain of independent pharmacies in both the United States and Nigeria, clearly have their mission with Trust HelpCare to improve patient

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Correspondents

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Reporter Peter Uzoho (Energy)

care and reduce medical errors by providing a simple yet powerful tool that anyone can use.

For them, Trust HelpCare is a mobile app that acts as a personal healthcare assistant by helping users keep track of their health, manage chronic conditions, and improve their overall well-being. The app is available for free on the Google Play Store and Apple App Store, making it accessible to everyone with a smartphone.

According to the brothers, “Trust HelpCare is designed with simplicity in mind. The app is easy to navigate, even for those who are not techsavvy. Users can create a health summary that can be shared with doctors and healthcare providers, especially in emergencies. This summary can include details about your physical fitness, nutrition, sleep patterns, mental health, and more.

“In addition to tracking your own health, Trust HelpCare allows you to add family members to your account. This means you can manage the health of your loved ones, ensuring they also stay healthy and informed. Users can also upload health reports for analysis by simply taking a picture with their phone or uploading a document. Trust HelpCare will analyze the information and provide insights, helping users understand their health better.”

“Trust HelpCare is more than just an app; it is a revolutionary tool that can change the way Nigerians think about and manage their health. With the power of Google Gemini AI, Trust HelpCare provides personalized, reliable, and easy-to-understand health information at the touch of a button.

Trustee Drugs Inc. invites all Nigerians to download Trust HelpCare from the Google Play Store or Apple App Store and take the first step towards a healthier future. By embracing this innovative technology, users can ensure they are better informed and better prepared to manage their health and that of

before their next promotion. The essence is to eliminate quacks in the IT profession in the state. I was a civil servant before becoming a politician, so I understand the need for IT professionalism among civil servants in Rivers State. I am coming from somewhere and I understand procedures.”

He added: “Rivers State government will provide all the necessary support to enhance the

Cyberchain, Africa’s leading Web 3 and Digital Economy Aggregator, is set to discuss Blockchain adoption in Nigeria at the Tokenized Economy Conference holding on the 3rd and 4th of October at Baze University, Abuja,

The event, dedicated to promoting Blockchain adoption in Nigeria, is part of Cyberchain’s ongoing efforts, spanning over half a decade, with successful impacts in more than five states and over 20,000 Nigerians.

The conference will accommodate over 3,000 participants and feature over

growth of IT professionalism in the state. Today the world is moving towards the adoption of Artificial Intelligence (AI) at work place in order to boost work efficiency and proficiency of workers, and I commend NCS for driving AI adoption in Nigeria.”

In response, NCS President, Dr. Muhammad Sirajo Aliyu, thanked the governor and the government of Rivers State for supporting

30 Tech leaders from both the public and private sectors.

The conference, according to the organisers, is essential for real estate practitioners and government executives eager to explore the transformative potential of Blockchain and Artificial Intelligence (AI).

Giving details of the conference, Founder of Cyberchain, and author of Embracing Nigeria’s Digital Economy and Blockchain Facilitator at Baze University, Mr. Jude Ozinegbe, said: “Digital Assets Tokenization, powered by Blockchain Technology, is a game changer for any organisation

in the growth of Information Technology (IT) practice in the state. “We are in Rivers State for the NCS International Conference, and we have visited several places in the state and we are pleased with how the state is leveraging technology to boost development in the state. Rivers State has the potential to grow and become an ICT hub in Nigeria,” Aliyu said, while applauding the state

or government that intends to elevate their businesses or the lives of their citizens, respectively.

We are delighted that Cyberchain has taken the driver’s seat to bring this great opportunity to Nigerians.”

According to him, the second day of the conference will feature Innovators Challenge, dubbed the Next-Gen Pitch Competition, an initiative that encourages university undergraduates to develop applicable Blockchain solutions, referencing the Internet Computer Protocol Blockchain, addressing real-world challenges.

The winning teams will share a

government for maintaining peace and unity in the state, despite the political crisis that rocked the state in recent times.

The NCS conference focused on issues related to its theme:

‘Technological Solutions for Smart Economy (SmartEco 2024), which was scientifically chosen in order to provide the needed technological support for government drives and vision in the modern society.

prize pool of N5,000,000, fostering innovation and entrepreneurship among Nigerian youths.

Co-founder of ICP.Hub Sahara West Africa, Mr. Adedayo Adebajo, said: “We are excited to collaborate with Cyberchain to empower Nigerian youths with the relevant tech, incubation, and kick-off financial support, enabling them to look within and propose homegrown innovative solutions that will address the challenges peculiar to us in Nigeria and Africa. We are confident that the winners will become positive success stories in the future.”

S.Mobile Launches API for MTN Data Bundle Distribution

In a significant move to enhance digital service delivery, S.Mobile has officially launched its application programming interface (API) for MTN data bundle distribution.

The new solution, according to the Enugu-based company, is tailored to meet the needs of banks and fintech companies, offering seamless, efficient, and scalable platform for distributing and accessing data bundles. It promises to revolutionise

the way data is managed and provided in the financial sector.

S.Mobile’s API is designed to empower banks and fintech companies to provide customers with a more streamlined and convenient way to purchase and manage data, significantly improving their overall experience.

The API has been designed with flexibility and ease of use in mind, making it easy to integrate into existing systems.

Speaking during a press conference in Lagos recently the CEO of S.Mobile, Mr. Kingsley Adonu, said by using the API, banks and fintech companies could expand their service offerings, attract new customers, and increase engagement with their current clientele.

“The ability to provide MTN Data Bundles directly through their platforms opens up new revenue streams and helps build stronger customer loyalty.

Cyberchain to Discuss Blockchain Adoption at Economy Conference W.TEC Empowers Girls with Tech Skills, STEM Education

Women Technology Empowerment Centre (W.TEC), a Nongovernmental Organisation (NGO) that is into training and educating of young girls in Science, Technology, Engineering and Mathematics (STEM) education, at the weekend in Lagos, graduated 19 girls from its 17th edition of ‘She Creates Camp 2024’.

This brings the total number of girls empowered through the programme to over 600, since its inception in 2008.

The ‘She Creates Camp’ is a residential science and technology education and mentoring programme designed to teach girls

in secondary schools between the ages of 13 and 17 years to learn how to create useful solutions and technologies for everyday living through the application of engineering and scientific concepts, programming, mobile application development, and digital content development.

For the two-week duration of the residential camp, 19 girls participated in technology workshops on Artificial Intelligence, Electronics, Software Innovation, Handson Projects, Team building, Career-talk sessions, Excursions, Entrepreneurial Skills, introduction

to Marine Engineering, Recycling workshop and Upcycling, introduction to Bio-gas, Waste management, Solar power technology and electronics. Other skills include Alternative Power supply, Creative Design using AI, introduction to Internet of Things (IOTs), introduction to Environmental Sustainability, Safer internet techniques for girls and cyber security and numerous co-curricular activities including financial literacy, Arts and Crafts, Self-Defense, Public Speaking, Gender and Leadership, Emotional Intelligence, among others.

“One of the standout aspects of this API launch is its potential to drive financial inclusion across Nigeria and beyond. By integrating data bundle purchases into banking and fintech platforms, S.Mobile is helping to bridge the digital divide, making it easier for customers to stay connected and access digital services. This is particularly crucial in regions where access to data is essential for participating in the digital economy,” he said.

The girls also participated in career talk sessions, team-building exercises, and excursions to both Wecyclers and Sonnex Packaging Nigeria Ltd both in Lagos.

Speaking at the graduation ceremony, the Executive Director of W.TEC, Mrs. Oreoluwa Lesi, said she was motivated to begin the programme for girls because women hardly access computers and women were not found at innovation workspaces, adding that the initiative seeks to empower young girls and to teach them skills in emerging technologies.

L-R: Activate Success International, Atom Lim; Senior Strategy Consultant, Jobberman Nigeria, Oladoyin Kolawole; Country Human Resources Manager, Nestle Nigeria, Shakiru Lawal; Chief Operating Officer, United Global Compact Network Nigeria, Tumi Onamade and COO of Whitefield Foundation, Funmi Johnson during a  week long training in commemoration of World Youth Day hosted by The Alliance for Youth Nigeria… recently

ProPerty & environment

Dosunmu: To Avoid Sour Property Deals, Check Authenticity of Land, Confirm Title, Others

The Managing Director of Noble Grounds Ltd., Olajide Dosunmu, a Civil Engineer, tells Bennett Oghifo sour deals in Lagos’ property market are avoidable if prospective buyers check the authenticity of the land, confirm title, avoid government acquisition, among others

What is your advice to prospective buyers of property in Lagos?

Most people face significant loss when purchasing real estate in Lagos primarily because they fail to conduct proper due diligence. While it is recommended to buy from a trusted real estate developer, those making independent purchases should ensure they employ the services of a registered town planner to check the following:

A. Authenticity of the Land: Ensure you are buying from the right source, especially if the land is still held by the aboriginal owners. B. Title Confirmation: if the seller claims to own a registered title, verify its authenticity, such as a Certificate of Occupancy (C of O) issued by the government. C. Land Use Alignment: you need to confirm that the intended use of the property aligns with the government’s master plan. For example, you might buy land intended for residential purposes, but the area could be designated for industrial use in the future. D. Government Acquisition: Ensure the land is not under government acquisition. Using the services of a registered town planner, the proper order of checks is: A. Surveyor Coordinates: A surveyor will take accurate coordinates at the proposed site. B. Surveyor General’s Office: the survey coordinates will be used to check at the Surveyor General’s office to ensure the land is not under government acquisition and verify if it is not already registered to another party. Also, check the name of the family the land was initially gazetted to, ensuring you are buying from the correct aboriginal family.

C. Ministry of Urban and Physical Planning: Confirm the approved land use for the location to ensure it aligns with your intended purpose. This ministry will also check for proximity to waterways, canals, or future infrastructure like roads, electric transmission lines, and water lines. D. Ministry of Lands: If the property has a C of O, ensure you are purchasing from the rightful owner and that there are no liens on it. E. Survey and Sales Agreement: After confirming there are no encumbrances, conduct a survey and obtain a survey number, which you will include in the sales agreement or deed of assignment with the seller. F. Payment and Possession: Pay for the land and take immediate possession by fencing or marking the land with corner pieces.

G. CofO or Government Consent: Proceed to obtain a Certificate of Occupancy or government consent as required. By following these steps, you significantly reduce the risk of falling into the wrong hands or losing your property.

There is an unwholesome trend now that is frustrating most investors, who don’t get what they bargained for because of some terms and conditions that they either did

not see at the beginning of negotiations or were introduced after the buyer commits. What is your advice in this regard?

To mitigate this issue, investors should insist on documented correspondence from realtors, preferably via email or similar channels. Additionally, they should request a comprehensive sales agreement to ensure clarity on the proposed purchase, documenting the expectations from both the buyer and the seller. This approach helps eliminate ambiguity and serves as a means of recourse in case of any inappropriate actions.

Is it compelling for everyone to build a house or have access to decent accommodation?

Access to decent accommodation is indeed a fundamental human need and a basic right. It is compelling for everyone to build a house, as this fairly guarantees a roof over their head and a place to call home, especially in times of economic trials. Aside from providing shelter, having a house, especially with a corresponding title, offers financial leverage. It allows individuals to seek bank loans to foster further investment or businesses, thereby improving their financial standing. Moreover, owning a house has proven to be a worthy investment that can serve as financial leverage

for future generations. Therefore, while building a house may not be feasible or necessary for everyone, ensuring access to suitable housing is essential for a sustainable and inclusive society.

What role do you think the government should play to enable more Nigerians to have suitable accommodation?

To enable more Nigerians to have suitable accommodation, the government should ensure inflation rates are below 5% to establish sustainable mortgage rates. Currently, inflation rates exceeding 30% contrast with the government’s efforts to subsidize mortgages at a 6% rate, creating affordability complications. Lower inflation rates would help reduce the gap in rates between those offered by Primary Mortgage Institutions and Mortgage Refinancing Companies (MRCs), which currently range from 6% to 25%.

State governments must promote the vertical development of homes, such as high-rises, in densely populated urban cities. Additionally, the federal and all state governments should ensure the provision of subsidized homes to all civil servants. The government should facilitate the reduction of housing costs by promoting the local production and financing of key construction materials. Moreover, promoting the use of cheaper alternative construction materials can further contribute to reducing housing expenses.

Housing finance is a crucial component of homeownership. What do you think about Nigeria’s mortgage system?

Nigeria’s mortgage system has seen progress in recent years, yet challenges persist. High interest rates, limited access to long-term financing, and complex documentation processes remain barriers to widespread homeownership through mortgages. It is pertinent that for the mortgage system to be sustainable the government must strive to achieve inflation rates below 5%. Initiatives like the National Housing Fund (NHF) and regulatory improvements aim to tackle these issues. However, the soaring cost of construction materials, such as cement and reinforcement rods, has significantly inflated housing prices beyond the reach of the average Nigerian thus making many unqualified for mortgages due to low wages in comparison to expected monthly payments. To address this, the government should intervene by promoting alternative, cost-effective building materials like compressed earth blocks (CEBs). Additionally, subsidizing finance for steel and cement producers, sourcing raw materials locally, and revitalizing key steel production facilities like Ajakuta and Delta Steel can help reduce housing costs. It’s worth noting that in 2007, a two-bedroom house with necessary infrastructure could be built for 2.5 million naira, making mortgage payment plans more feasible for average Nigerians. Today the same building would cost about N25 million in the most affordable locations. Moreover, collaborative efforts between financial institutions, government bodies, and private developers are crucial in expanding access to mortgage financing and making homeownership more attainable for aspiring buyers.

There are growing cases of conflict between developers of estates and homeowners in respect of control of facilities. What in your opinion can resolve this issue? One effective solution to resolve conflicts between developers and homeowners regarding facility control is to establish clear guidelines and agreements from the outset. This includes transparent communication about the responsibilities and rights of both parties regarding the management and maintenance of facilities within the estate. Additionally, setting up a homeowners’ association or committee empowered to oversee the management of common areas and facilities can help ensure collective decision-making and fair representation of homeowners’ interests. Regular meetings and open channels of communication between developers and homeowners can also foster understanding and collaboration, leading to smoother resolution of conflicts as they arise.

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Construction Professionals to Unite at 4th Edition of Big 5 Construct Nigeria

Fadekemi Ajakaiye

The construction industry in Nigeria is anticipated to grow at a CAGR of 2.4% between 2024 and 2028 (Source: ABIQ), thanks to the government’s focused infrastructure development strategies and support. Prioritizing economic development, public and private investment in the housing sector, and strengthening external demand, Nigeria’s government is reshaping the industry and the future of the country. Tapping into opportunities emerging from ongoing and upcoming projects in the country is the 4th edition of Big 5 Construct Nigeria, taking place from 24 - 26 September 2024 at the Landmark Centre in Lagos.

The event is expected to host more than 9,000 professionals and 150 exhibitors from 20 countries. As the largest construction trade exhibition to date in Lagos, Big 5 Construct Nigeria connects industry professionals to opportunities and partnerships.

“Big 5 Construct Nigeria is timed this year to match the surge in construction activity in the country, creating significant demand for innovative products and solutions, particularly from key buyers involved in ongoing and upcoming projects in Nigeria’s $128 billion construction market (Source: ABIQ),” said Mehtap Gürsoy, Portfolio Director - Construction, dmg

events. “The event attracts international companies and facilitates partnerships and collaborations that are essential for providing products, services and expertise to a dynamically evolving region.”

This year, the exhibitors list has grown with new exhibitors across the full construction value chain including building interiors and finishes; building materials; concrete and cement; construction tools and personal protection equipment (PPE); digital construction and intelligent buildings; heavy construction; HVAC-R; mechanical, electrical and plumbing services (MEP); solar, and urban design and landscapes. First time exhibitors

include Bosch, Swiss Krono, Schneider Electric, Rowad National Plastic, Decho, Amaltech, Hira Industries, Peri Formwork, Kuo Fire Safety, Emirates Fire Fighting Equipment (Firex), VGS Solar and more.

In its 4th edition, Big 5 Construct Nigeria will host four country pavilions that will demonstrate unique construction solutions from Austria, China, Egypt and Türkiye. Other participating countries include India, UAE, Kuwait, Saudi Arabia, Iran, Switzerland, Belgium, Poland, Ghana, USA, Ivory Coast, Pakistan, Tunisia and Nigeria. Within the event, construction industry professionals will engage in 25 CPD-certified Big

5 Talks under the themes of architecture & design, facilities management, project management, quantity surveyors, technology and sustainability. More than 30 speakers will provide valuable insights on the sector’s opportunities and challenges, with some of the key topics of discussion being project financing and the importance of cost management, stakeholder communication and collaboration, positive impact of BIM implementation and tech trends in Nigerian construction, among others. Some of the prominent industry figures speaking at Big 5 Talks are Ibikunle Dashur, President & CEO at Construct Mache Group; Gerald Madondo,

Country Director – Nigeria at Turner & Townsend; and Eniafe Enianu Emmanuel, Builder & Project Manager at Encon Sharon Engineering Services. The event is sponsored by CDK Industries and supported by the Chartered Institute of Building (CIOB), Nigerian Institute of Quantity Surveyors (NIQS) and the Project Management Institute (PMI) – Nigerian Chapter.

“Big 5 Construct Nigeria provides visitors the opportunity to meet local contractors, distributors and government stakeholders, building relationships and foundations that will help expand their business, generate leads and showcase their products,” concluded Gürsoy.

Alade-Akinyemi

HealtH & lifestyle

Overcoming Barriers: How Policy and Workplace Changes Can Support Breastfeeding Mothers

Dr. Tinuola Akinbolagbe

This year’s World Breastfeeding Week highlights the urgent need to bridge the gap in breastfeeding support. Themed “Closing the Gap: Breastfeeding Support for All,” this global observance is a powerful call to action to create environments that enable every mother to breastfeed without issues. While we celebrate the benefits of breastfeeding for both mother and child, it’s clear that countless women face barriers to this essential practice.

This discussion is especially pertinent as we recognise the essential role breastfeeding plays during the first 1,000 days of a child’s life—from conception to their second birthday—which is crucial for their development and long-term well-being. Breastfeeding offers unparalleled benefits that extend beyond the early stages of life. It is a key component in safeguarding child health and reducing the incidence of childhood infections and chronic diseases. Breastfed children enjoy fewer health issues and are less likely to suffer from conditions such as diarrhoea, pneumonia, and childhood obesity. The economic and human capital benefits are substantial, as breastfeeding contributes to the health and productivity of future generations, ultimately enhancing societal well-being.

Despite these benefits, many mothers face significant obstacles that prevent them from breastfeeding exclusively for the recommended six months and continuing for up to 18 months. The World Health Organisation (WHO) underscores the importance of exclusive breastfeeding during the first six months, followed by continued breastfeeding with appropriate complementary feeding. However, challenges in support systems undermine these recommendations, leading to gaps in breastfeeding practices.

Nigeria presents a stark example of the global breastfeeding crisis. Despite women comprising nearly half of the workforce (43.78), a mere 9% of organisations offer essential workplace breastfeeding support. The National Demographic and Health Survey 2018 further underscores the issue, indicating an exclusive breastfeeding rate of only 29%, falling significantly short of the World Health Assembly’s global target of 50% by 2025. These alarming figures are a primary driver of the nation’s maternal and child health challenges, as a staggering number of childhood deaths and illnesses can be directly attributed to insufficient breastfeeding.

Data from the United Nations International Children Emergency Fund (UNICEF) further reveals the devastating consequences

worldwide: a staggering 37% of children under five suffer from stunting, with 21% facing severe forms and wasting afflicts 7% of this vulnerable population. Beyond the human toll, the economic burden is immense, including increased healthcare expenditures and lost productivity. Countless mothers face insurmountable challenges in balancing their breastfeeding responsibilities with their professional lives due to insufficient maternity leave and a lack of supportive workplace environments.

A comprehensive approach is essential to addressing this national and global crisis. This includes extending maternity leave, creating breastfeeding-friendly workplaces, and

implementing robust policies to protect the rights of breastfeeding mothers. Strengthening community-based support systems and healthcare services, for example the Adopt-a-Healthcare Facility Programme (ADHFP), is also essential for providing education, counselling, and practical assistance for breastfeeding. This involves training healthcare providers, enhancing access to breastfeeding support in urban and rural areas, and launching campaigns to raise awareness about breastfeeding’s benefits.

As the World Breastfeeding Week 2024 concludes, we are reminded of the critical importance of breastfeeding for infant

growth and development. It is imperative to address the existing gaps in breastfeeding support and work towards creating a more inclusive and supportive environment for all mothers. By implementing comprehensive policies and fostering a culture prioritising breastfeeding, we can close the gap and ensure that every mother can provide her child with the best start in life, reaping significant health, economic, and social benefits for future generations. Let us commit to making breastfeeding the new norm, supported by policies and practices that promote health, equity, and well-being for all families.

•Akinbolagbe is the MD/CEO, PSHAN.

Helpster Charity Unveils ‘Influence-for-Good’ to Save Lives of Vulnerable Children in Nigeria, Africa

Helpster Charity, an American nonprofit organisation, has unveiled the ‘Influence-for-Good’ campaign aimed at leveraging the power of influencers to save the lives of vulnerable children in underprivileged regions who need essential healthcare services.

Helpster Charity introduced a lifetransforming app and Web platform in 2023, which connect children in need of medicare with those willing to fund such healthcare access through a highly transparent process. As at the time this release was issued, 614 children have been saved through the tech solutions, with 237 still waiting for donations to enable them access critical healthcare services.

The #InfluenceforGood campaign is geared towards raising the super heroes that children in health crises need. By leveraging the influence and advocacy of these influencers, the organisation aims to globally spotlight the pressing health issues that numerous children

face, especially in underprivileged regions.

“Every child deserves life-saving medicare but due to economic inequalities, not all children receive such medical attention.

That is why we launched the ‘Influencefor-Good’ campaign, to join forces with influencers in digital communities to create awareness about the bleak fate that many impoverished children suffer, and engender desired actions.

“Millions of children live in extreme poverty in under-developed and developing countries without free universal healthcare, and their parents/guardians cannot afford the needed medical services.

This is what Helpster is poised to resolve through our innovative app and Web platform which connect these children in need of medicare with people ready to fund their treatments. Therefore, we need donors who are willing to make a difference in the lives of these kids”, Kate Lysykh, CEO, Helpster

Charity, said. To support the #InfluenceforGood campaign, individuals can share the testimonials of beneficiaries on Helpster’s social media platforms, make a donation to fund healthcare access and create videos that highlight the impact of the organisation.

The Charity has a robust system that guarantees a transparent process from the point of donation to treatment, with a public portal for tracking every case. Hundred percent of the funds are directly transferred to the hospitals for treatment of verified cases while 5 - 7 percent of the funds cater to payment processing fees, banking fees and currency exchange losses. Operational costs are covered separately by kind-hearted foundations, philanthropists and donors who donate to the Helpster team.

For more information on how to get involved and make a difference, please

visit www.helpstercharity.org or follow the #InfluenceforGood campaign on our social media platforms: Instagram- @ helpster.charity; Facebook- Helpster Charity; X- @HelpsterCharity; LinkedIn- Helpster.

Helpster Charity, founded in 2023 by a team of heart-driven IT specialists, is a non-governmental organisation (NGO) that operates as a mobile application, providing a platform for fundraising to support the treatment of needy children living in remote regions through an impactful, transparent and efficient system. The Charity, now made up of doctors and other professionals, is committed to ensuring no child suffers or dies due to lack of financial means.

Helpster is a 501c3 nonprofit, registered in the US, registration number 93-3969693, with an office in Dover, Delaware, US.

Tinuola Akinbolagbe

Education

Tackling Out-of-School Crisis in South-West to Improve Educational Outcomes

Developing effective models to enhance retention, transition and completion in secondary education to mitigate the challenges of out-of-school children in the six South-West states in Nigeria was the focus at the just concluded two-day regional stakeholders’ meeting, organised by UNICEF, in partnership with the Oyo State Ministry of Education. Funmi Ogundare reports

The challenges of out-of-school children are complex and have severe implications for the individuals affected and the country. These challenges include early or child marriage, early pregnancy, economic barriers, conflict and insecurity, socio-cultural norms, inadequate policies and practices, insufficient infrastructure, and schoolrelated gender-based violence, among others.

Statistics from a 2021 Multiple Indicator Cluster Survey conducted by the Nigeria Bureau of Statistics (NBS) and presented by UNICEF reveal that nearly eight per cent of school-age children in six South-West states—Oyo, Ondo, Ekiti, Osun, Lagos, and Ogun—are out of school. Additionally, eight to 15 per cent of adolescents aged 10 to 18 are not completing their education, which has led to problems in retention, transition, and completion rates. Specifically, 31.5 per cent of children aged five to 17 are involved in child labour, and 24.9 per cent of lower secondary and 34.3 per cent of upper secondary school-age children are not attending school.

In response to these issues, in collaboration with the Oyo State Ministry of Education, UNICEF recently convened key stakeholders from across the southwest states to discuss effective interventions. The goal was to strengthen government systems to improve retention, transition, and completion rates and expand access to secondary education.

Azuka Menkiti, an education specialist at UNICEF’s Abuja Office, expressed concern about the underfunding of secondary education and urged stakeholders to ensure adequate funding and develop reliable data to advocate for support.

Stakeholders at the regional meeting on out-of-school children held in Ibadan, Oyo State... recently

She emphasized the importance of involving community and religious leaders to address social norms that hinder school attendance.

She said, “There is a need to introduce foundational literacy and numeracy programmes to ensure that children are prepared to learn and supported by a conducive learning environment.”

The initiative aims to develop models to improve retention, transition, and comple-

tion rates in secondary education, building on a decade of successful interventions in girls’ education.

Menkiti stressed that out-of-school children include those who have never enrolled, are unlikely to enrol, or have dropped out, with a particular focus on those at risk of dropping out in states with high school attendance rates.

“Teenage girls who get pregnant halfway into their studies will need to continue with their studies, complete it and pursue their life ambi-

tions. Leaving them alone or castigating them will not help, but cause more havoc to them and the society,” the UNICEF specialist stated.

In addition to these efforts, Nigeria has introduced a new policy allowing pregnant teenage girls to continue their education during and after pregnancy, aiming to address barriers faced by young girls amid high adolescent pregnancy rates. Menkiti explained that early pregnancy often leads to school dropout due to a lack of support and emphasised the need for continued education and support for these girls.

UNICEF education specialist Babagana Aminu noted that while 92 per cent of children complete primary school, only 85 per cent advance to upper secondary education, highlighting a significant dropout rate. He stressed the importance of improving foundational literacy, numeracy, and transferable skills to prepare children for the modern world.

Oyo State Commissioner for Education, Science and Technology, Prof. Saliu Adelabu, raised concerns about the influx of young children from the northern part of the country, which he sees as a security issue. He stated that the Ministry of the Environment is working on integrating these children into schools or vocational training. Lagos State Commissioner for Basic and Secondary Education, Jamiu Alli-Balogun, acknowledged the global nature of out-of-school children and its challenge in a state where many people come from different regions.

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Celebration of Excellence as Starfield College Graduates 84

Uchechukwu Nnaike

The 23rd valedictory service for the 2024 graduating class of Starfield College, Lagos, was more of a celebration of the graduands’ outstanding performance in internal and external examinations.

The school honoured graduands who made seven and eight As in the West African Senior School Certificate Examination (WASSCE) and those who scored 293 and above in the Unified Tertiary Matriculation Examination (UTME). Miss Temidayo Brielle Tinuoye was also the valedictorian with the highest score of 313 in UTME.

She attributed her performance to the dedication, care and support of the management and staff, saying that the school’s mentorship programme is a refreshing addition that helps boost students’ confidence.

Tinuoye said she plans to study medicine and surgery at the University of Lagos and will start studying for the post-UTME screening. She hopes to be admitted later this year.

The school’s principal, Mrs. Sara Oyinloye, who applauded the students’ outstanding performance, said the school recorded a 100 per cent pass in WASSCE. She added that they

Management team of Starfield College, Lagos, with the best graduands and their parents at the 23rd valedictory service recently

are getting scholarship opportunities from several universities around the world.

She thanked parents for entrusting the school with their children’s education and for their support and partnership.

According to her, the school supported the students beyond academics

through its mentorship moral and characterbuilding programme. She appealed to parents to encourage them not to deviate from the norm, as education and character translate to leadership.

Oyinloye also advised the graduating students to hold on to their dreams and act on them, saying they have all the potential and qualities needed to achieve them.

She also advised them to embrace technology but to be careful with social media because whatever they post could be used against them, and that could disrupt their dreams.

“Your academics can make your dream a reality, but good character will help you to sustain that reality,” the principal said.

In his remarks, the Director of Studies, Mr. Chris Eigbe, said the students displayed an unwavering commitment to excellence, dedication to learning and a spirit of resilience throughout their time at the school.

He commended the parents for their support, encouragement, and sacrifices and the staff for preparing the students to excel in their studies.

As they move to another level, Eigbe said the graduands hold within them the potential to achieve great things and positively impact the world around them. He also assured them that the school doors would always be open so they could assist and support them.

In a short exhortation, Pastor Francis Oludola commended the school for instilling confidence, wisdom, empathy, integrity and compassion in the students, and advised the graduands to always live with these virtues.

He said the love of God should be paramount as they graduate.

Pertinence Supports 1,000 Parents with N10m Back-to-school Aid

In a demonstration of its corporate social responsibility, Pertinence Group, through the Pertinence Foundation, has distributed back-to-school support worth N10 million to 1,000 parents, alleviating the financial burden of preparing their children for the new school session.

During the 2024 Wealth Summit in Maryland, Lagos, the first 1,000 parents to attend the event received an armband that qualified them for various packages of back-to-school support.

According to co-founders Sunday Olorunsheyi and Wisdom Ezekiel, the packages included school fees, school bags, stationery items, school uniforms, and shoes, all distributed in cash.

In an interview after the summit, Ezekiel emphasised the foundation’s commitment to supporting parents during these challenging economic times.

“Schools are currently on holiday, and our children will be returning to school from September, so we thought it good to support parents in their efforts,” he stated. “During these hard economic times, every bit of support that parents can get would go a long way. So we have distributed the N10,000,000 in the best way we could so that more people could benefit.”

On his part, Olorunsheyi stated that the initiative was part of activities marking the company’s 12th anniversary.

“This year marks 12 years of Pertinence Group’s journey, and we wanted to give back in a way that directly impacts families,” Olorunsheyi said.

He disclosed that the foundation gave out N100,000 each to 10 parents, N50,000 each to 20 parents, and N20,000 to another 20 parents, noting that all 1,000 parents had initially received N7,500 each, ensuring that everyone who came early benefited from the event.

One of the beneficiaries, Segun Ighomaro, said, “I am surprised I got picked for the 100k. I was

actually shocked because I was trying to just go home with the N7,500 already given, only to hear my name for an additional 100k. I am grateful to Pertinence.”

“Great job they (Pertinence co-founders) are doing. I pray they get a return on what they are doing because they are investing in humans. I pray the Lord rewards them with much more investment because they are really doing great.

“A lot of billionaires don’t invest in people. They are all about making money and they don’t want us to know how. But here they are, organising this event every year. God will bless them,” said another beneficiary, Bamiduro Rose Adebiyi.

Shettima, Jonathan, Osinbajo Expected at Book Launch in Abuja

Many distinguished Nigerians, including Vice-President Kashim Shettima, former president Goodluck Jonathan and former Vice-President Yemi Osinbajo, are expected to attend the launch of a book co-authored by Dr. Shamsuddeen Usman on September 26 at the Musa Yaradua Centre, Abuja.

The vice president will be the special guest of honour, while Jonathan will chair the occasion.

Usman was finance minister (2007-2009), minister of national planning (20092013), and Central Bank of Nigeria’s deputy governor (1999 to 2007). He was also the pioneer director-general of TCPC (now BPE), among other positions he has held.

According to the Chairman of the Media SubCommittee, Etim Etim, the book, ‘Public Policy and Agent Interests: Perspectives from the Emerging World’, is a unique publication on both the impetus for and impediments to growth and development in emerging economies.

It provides a fascinating and penetrating insight into the workings of government and the boardroom in terms of policy formulation and implementation, economic management, and the overall growth paradigm in the developing world, with Nigeria as a case study.

It also accounts for the interactions between the government, its agencies, and the private sector and how such engagements impact national growth, investments, and the economy’s overall performance.

“The book will, therefore, be a veritable reference material for policymakers, technocrats, business leaders and public officials on the workings of government and governance and the trad -

eoffs they have to make in designing and implementing public policy. It is without doubt a go-to publication for universities, public and home libraries, and for students, academics and public and private sector officials,” Etim said.

He added that other contributors to the book are experts in their fields, carefully selected, based on their impressive records in the public and private sectors, to share their experiences in key areas of policymaking and development. Their unique contributions helped to broaden the book’s scope and impact and give it its unique character and flavour.

The event will also witness the formal unveiling of the Shamsuddeen Usman Foundation (SUF), founded and registered by his children in his honour and dedicated to promoting education in the country. The foundation’s mission is to create a collaborative environment that empowers individuals, corporations, researchers, and students to explore and develop advanced AI and technological solutions for real-world challenges. Its signature project is establishing an AI and Technology Development Centre whose main focus will be skills development, innovation and economic development.

The proceeds of the book launch will be used to support the foundation’s activities.

“We are expecting the cream of the society in large numbers to come together to honour Dr Usman, one of the nation’s most respected elder statesmen, for his meritorious service to our fatherland,” said Sadiq Usman, the planning committee chairman.

LASUBEB Trains 40 Officers on Inventory Management

Oluchi Chibuzor

The Lagos State Universal Basic Education Board (LSUBEB) has trained 40 officers on inventory management to strengthen quality delivery.

Speaking at a one-day training workshop for asset, control, inventory, and employee benefits officers in Lagos, the Chairman of LSUBEB, Dr. Hakeem Shittu, explained that it would enhance the quality of service delivery.

He appealed to the 40 participants to leverage the programme to improve the quality of service delivery at their place of primary assignment.

Leading one of the sessions on inventory management, an official of the Financial Information

Benue SUBEB Revives Early Childhood Education in Public Primary Schools

George Okoh in Makurdi

The Executive Chairman of Benue State Universal Basic Education Board (SUBEB), Dr. Grace Adagba, has called on education secretaries and Early Childhood Care Development Education (ECCDE) desk officers from the 23 Local Government Education Authorities to rejuvenate early childhood education programmes in all public primary schools across the state.

During a meeting at the board recently, Adagba emphasised the importance of ECCDE in laying a solid foundation for future learning and underscored the need for

improved educational opportunities for Benue children. She urged the education secretaries to actively publicise the board’s innovative efforts to establish ECCDE centres in all public schools.

Highlighting a recent directive from the Universal Basic Education Commission (UBEC), Adagba mandated the establishment of ECCDE centres in all public schools. She also directed that headteachers begin admitting children aged two to five into ECCDE classes starting from the next academic session.

To ensure the successful implementation of these directives, Adagba charged the education secretaries to convene

emergency meetings with headteachers to sensitise them to the importance of ECCDE.

She directed teachers to work during holidays to facilitate enrollment, admissions, and lesson plan preparations before the commencement of the new academic session.

She also urged the education secretaries to launch campaigns to promote public schools, highlighting the high standards and quality of education available in basic education schools. Adagba also suggested organising programmes such as quizzes and debates to showcase excellence and maintaining clean school environments to attract learners and parents.

She announced that SUBEB plans to conduct enrollment drive campaigns and sensitization programmes in the state’s three geopolitical zones. She encouraged the education secretaries to take full advantage of this initiative to enhance ECCDE implementation in their respective areas. In response, the Agatu education secretary, Mrs. Helen Ameh and Desk Officer, ECCDE Ado LGEA, Mr. Brown Ochai, thanked Adagba for her efforts to revive the forgotten days of quality basic education and pledged their commitment to working hard to improve basic education in the state.

Experts Advocate Collaboration on Development of Inclusive Learning Solutions

Experts in the education sector have stressed the need to collaborate and design holistic edtech solutions or products to promote inclusivity in learning.

This was the takeout at the just concluded July edition of Edtech Mondays, organised by the Co-Creation Hub (CCHUB) in partnership with the Mastercard Foundation’s Centre for Innovative Teaching and Learning in ICT. The engagement session, which was themed ‘Edtech for Diverse Learning Styles and Needs,’ was moderated by the Practice Lead Education, CcHub, and Chinyelu Akpa.

System Directorate, State Treasury Office, Ogunjimi Sesan, said the workshop was to ensure that participants understand the sensitivity of their jobs at the place of primary assignment.

“As a store keeper, you must be able to go back to your LGAs and effectively manage government assets and take accurate inventory of stocks and understand how to handle samples of documents used in the public sector,” Sesan stated.

For the Director of the Centralised Payroll and Data Validation, State Treasury office in Lagos, Iyabo Tifase, the purpose was for participants to understand the impact of inflation on their salaries and how they can strategise with it.

Speaking during a panel session, the Executive Director of Bettelhill School, Mary Akanmu-Bamikefa, explained

that it has become imperative for edtech stakeholders to design solutions that would support a wide range of learning preferences.

Bamikefa noted that learning, particularly for children with disabilities, requires a lot of collaboration between parents, teachers, and learners. She disclosed that it was important to engage children with disabilities with interactive tools.

While admitting that there is no one-size-fits-all for all learners, she explained that educators dealing with children with disabilities must deploy all the platforms to ensure inclusive learning.

The founder of One Word Africa Foundation, Oladoyin Idowu, stated that education

stakeholders should consider technology when addressing specific challenges associated with learning among kids.

According to Idowu, most children with challenges such as dyslexia typically struggle to learn in a traditional classroom environment.

Emphasising the need for edtech solution providers to develop solutions that are not only culturally fit but affordable for learners, she stated that leveraging technology by edtech solution providers will unlock learning for different types of learners- kinesthetic learners, audio learners, and visual learners.

Vinsighte Limited CEO Toriola Oladeji stated that society has a vital role in

delivering quality and inclusive education to persons with visual impairment, hence the need to deploy OCR technology to create solutions for this category of learners.

While disclosing that the product was created based on the founder’s personal experiences, Oladeji explained that the solutions have been designed to ensure an immersive learning experience for visually impaired students.

’’We have more people who are building from the user point, who understand the specific pain points and the challenges of the people we want to design and build for. We would always have solutions that are viable and are meeting the specific learning

Council Chairman Awards Bursary to over 400 Undergraduates in Rivers

Blessing Ibunge in Port Harcourt

The Chairman, Caretaker Committee of Ogu/Bolo Local Government Area, Evans Bipi, has awarded bursary to over 400 undergraduates of the local government in tertiary institutions across the country.

The beneficiaries who are indigenes of the area, were drawn from over 16 universities, polytechnics, and colleges of health sciences. They constitute the first batch of the bursary scheme by the chairman.

The gesture which is anchored on the policy of the

caretaker chairman on education development, aims to promote academic excellence; ease the financial burden of tertiary education on parents and guardians; and reduce the rate of school dropouts by indigent students of Ogu/Bolo LGA.

The disbursement of the bursary to the students is an intervention to salvage the effect of the current economic crunch in the country where school authorities are in dire straits to maintain the standard of education, while parents and guardians struggle financially to sustain the education of their children and wards in higher

institutions.

Bipi had in his inaugural speech, expressed commitment to the welfare of the student community, just as he has earlier promised robust youth development policy of empowering young people with education and skills development to enable them reach their full potential.

Bipi said he considered bursary payment as a valuable investment in the future leaders of Ogu/Bolo LGA and a deliberate step towards securing the future of young people.

He said it is a way of alleviating financial hardship

faced by students of the area in tertiary institutions, thereby easing the financial burden on their families.

The Secretary of the Bursary Committee and former vicechairman of the council, Christy Tamunobereton-ari, commended the caretaker chairman for alleviating the plight of the students in tertiary institutions going through financial difficulties in their academic pursuit at this challenging time. She stated that the move shows that the caretaker chairman is attuned and sensitive to the plight of the student community.

Some of the beneficiaries of the N10 million back-to-school aid presented by Pertinence Group, through its Reachout Pertinence Foundation as part to mark its 12th anniversary recently

Fitch Ratings Affirms InfraCredit’s National IFS Rating at ‘Aaa(Nga)’ with Stable Outlook

Nume Ekeghe

Rating agency, Fitch Ratings has affirmed Infrastructure Credit Guarantee Company Limited (InfraCredit’s) National Insurer Financial Strength (IFS) Rating at ‘AAA (nga)’ with a stable outlook. It also affirmed its IFS Rating at ‘B+’ with a positive outlook.

The ratings highlight InfraCredit’s robust capitalisation and leverage, along with its strategic investment concentration in Nigerian sovereign bonds (B-/Positive). Despite being a Nigerian-focused financial guarantor, which presents certain business profile challenges and risks, the positive outlook underscores an improving operating environment for insurers in Nigeria, reinforcing the optimistic forecast.

Speaking on the ratings, CEO, InfraCreditm Chinua Azubike said, “Fitch’s reaffirmation of InfraCredit’s IFS

National Rating at ‘AAA (nga)’ with a positive outlook for the second time highlights our strong position for future growth and stability. The rating reflects our strategic commitment to diversification and sustainability in supporting projects that drive positive change in the Nigerian infrastructural space.

“Our robust investment strategy and deliberate effort to strengthen our capital base by attracting domestic institutional investors, and expand our guarantee capacity, enables InfraCredit to significantly unlock domestic resources, and finance large-scale infrastructure projects across Nigeria. This credible rating will support us to further build our project pipeline and support more sustainable infrastructure projects that will create jobs, increase inclusive access to essential services, and stimulate local economic growth.”

InfraCredit’s capitalisation is

denoted by Fitch to be exceptionally strong, with a net par/ capital ratio of 1x at the end of 2023. Fitch also spotlights InfraCredit’s management’s proactive engagement with potential investors, including international development finance institutions and Nigerian private investors, intended to bolster InfraCredit’s capital base by approximately N120 billion (US$83 million) over the next five years, with a mix of 66 per cent subordinated debt and 34 per cent equity.

A significant capital raise of N40 billion is expected for 2024 through private placements to domestic investors and rights issues to existing stakeholders to support InfraCredit’s growing transaction pipeline.

Fitch in its report, highlights that InfraCredit has not had any guarantee calls since its 2017 inception, reflecting management’s local expertise, risk management, deal selection and monitoring skills.

NIPC Applauds TGI Group’s Contributions to Nigeria’s Industrial Growth

The Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, has commended the Tropical General Investment (TGI) Group for its pivotal role in Nigeria’s industrial growth and sustainability.

During her tour of TGI’s expanded WACOT Rice Argungu Limited in Kebbi State and the ultramodern WACUB and WASIL factories in Sagamu, Ogun State, Rimi lauded the company’s efforts in sustainable food production, enhancing food security, and generating significant employment opportunities.

Accompanied by Attahiru

Maccido, Chief of Staff to the Governor of Kebbi State, Rimi was received by TGI’s senior management, including Sadiq Kassim, Director of Corporate Affairs; Jayant Chandrashekar, Chief Operating Officer, WACOT Rice; Umar Muhammed, Head of Human Resources and Administration, WACOT Rice; Rafiat Gawat, Head of Corporate Communications; Habiba Suleiman, Head of Strategic Partnerships; Aliyu Suwaid, Strategy and Business Development Manager; and Oluwadamilola Olorungbade, Corporate Strategy and Business Development Officer. The team briefed her on WACOT Rice’s

advanced operations and sustainable practices.

“The adoption of sustainable rice production methods, which reduce reliance on external energy and mitigate carbon emissions, is exemplary. WACOT Rice’s efforts are a significant step towards boosting Nigeria’s rice production capacity and ensuring food security,” said Rimi.

In Sagamu, Rimi, along with Permanent Secretary in the Ministry of Industry, Trade, and Investment, Dr. Olu Aikulola, was introduced to the innovative capabilities of WACUB and WASIL.

German -Nigerian Business Forum to Hold on October 7th in Lagos

No fewer than 200 participants are expected to participate at the 11th edition of the Germain-Nigerian Business Forum set to hold sway in Lagos on October 7, 2024 at the Lagos Continental Hotel, Victoria Island, Lagos.

The annual conference, which alternates between Germany and Nigeria is organised by the delegation of German Industry and Commerce in Nigeria supported by the German Federal Ministry for Economic Affairs and Climate Action, German Missions in Nigeria, and German-Nigeria Chamber of Commerce, among others.

A delegate from German

Industry and Commerce in Nigeria, Timo Pleyer, during a press conference in Lagos on Monday, said that the conference aims to create a platform that brings together diverse arrays of high-ranking representatives and decisionmakers from both the Nigerian and German public and private sectors to discuss topical issues.

“It also aims to highlight opportunities for NigerianGerman partnerships across various business sectors,” Pleyer said.

According to him, industry experts from Germany and Nigeria would be leading the panel of discussions at the 11th

German-Nigerian Business Forum adding that it would focus on expert dialogue and outlook on Nigeria’s future.

Earlier, The ConsulateGeneral of the Federal Republic of Germany in Lagos, Weert Borner, disclosed that the trade volume between Nigeria and Germany rose to $3bn in 2023 with Nigeria benefiting more from the trade pact.

He said crude oil and food product exports to Germany from Nigeria within the period under review stood at $2bn while $1bn was mainly machinery and chemicals that came from Germany to Nigeria.

Transcorp Power Appoints Ezeafulukwe As Non-executive Director

Transcorp Power Plc has announced the appointment of significant Mr. Christopher Ezeafulukwe as a NonExecutive Director.

Transcorp power in a statement noted that this appointment has been approved by the Nigerian Electricity Regulatory Commission, in accordance with the provisions of the Companies and Allied Matters Act 2020 and the Articles of Association of Transcorp Power Plc.

It states: “Mr. Ezeafulukwe is a highly accomplished professional with over 20 years of

executive management experience spanning multiple sectors, including power, oil and gas, financial services, legal services, and corporate governance. He currently serves as the Managing Director/CEO of Transcorp Energy Limited.

“Prior to this, he held the position of Managing Director/CEO of Abuja Electricity Distribution Plc and previously served as the Managing Director/CEO of Transcorp Power Limited (now Transcorp Power Plc). Mr. Ezeafulukwe also held the role of Executive Director, Legal and Business

Development, at Transnational Corporation Plc.”

His academic credentials are equally impressive, holding an LL.B degree from the University of Lagos, a B.L. from the Nigerian Law School, and an LL.M from the University of Lagos. He further advanced his education with a second LL.M in Energy, Environmental & Natural Resources Law from the University of Houston, Texas. Mr. Ezeafulukwe is also an alumnus of both the Lagos Business School and IESE Business School in Barcelona, Spain.

The price of OPEC basket of twelve crudes stood at $87.33 a barrel on Monday, compared with $86.00 the previous Thursday, according to OPEC Secretariat calculations. The OPEC Reference Basket of

Crudes (ORB)

following: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

Plateau State Governor, Caleb Manasseh Mutfwang (left) while receiving the empowerment kit from the Group Executive, Retail Banking North Division, FirstBank, Idris Ado Ibrahim (right), at the flag-off of FirstBank free VVF surgery and empowerment programme for women in Jos, yesterday

NGX Reaffirms Commitment to Enhancing Investor Protection, Transparency

Kayode Tokede

The Nigerian Exchange Limited (NGX) has reiterated its commitment to enhancing investor protection measures, reinforcing its dedication to maintaining a secure and transparent trading environment.

At a recent event, NGX highlighted its efforts to implement robust mechanisms designed to safeguard investors and uphold market integrity. This renewed focus addresses evolving market

dynamics and the growing need for comprehensive safeguards in the investment landscape.

“At NGX, our primary goal is to ensure that investors can engage the market with confidence,” said Jude Chiemeka, Chief Executive Officer, NGX, during a panel session at the Afrinvest 2024 Banking Sector launch in Abuja, themed “Recapitalisation: Catalyst for a $1 Trillion Economy?” Chiemeka underscored the exchange’s commitment to reforming

listing rules and encouraging more companies to go public as part of a broader strategy to fortify the capital market.

“Our dedication to investor protection is integral to our mission of maintaining a fair, transparent, and efficient market,” the CEO added.

NGX is collaborating closely with regulatory bodies to refine and enforce regulations that protect investors from potential risks and fraudulent activities. This includes enhancing disclosure

requirements and improving oversight mechanisms.

The Exchange is also investing in advanced technology to upgrade surveillance and monitoring systems, aiming to detect and prevent market manipulation and ensure the integrity of trading practices.

To promote informed decision-making, NGX is expanding its investor education programs. The NGX X-Academy, a specialized learning centre, offers tailored capital market

courses to equip business leaders with the knowledge needed for sustainable business growth.

X-Academy provides a broad range of courses designed to bridge knowledge gaps for capital market professionals, investors, and the general public, thereby promoting financial literacy and inclusion.

Additionally, NGX is improving its processes for handling investor complaints and disputes, including establishing dedicated channels for addressing concerns

and ensuring timely resolutions. In 2023, NGX Regulation Limited (NGX RegCo), a sister company of NGX under the NGX Group umbrella, introduced the “Code of Conduct for Approved Persons of Trading License Holders.” This code aims to promote high professional standards and ethical conduct within the capital market, fostering professionalism, integrity, and fairness in interactions with clients, employers, regulators, and other stakeholders.

PRICES FOR SECURITIES TRADED ASOF AUGUST 21/24

Thisday Afrinvest Index Down 0.2%

Thisday Afrinvest 40 index dipped 0.2% to print at 4,242.61 points due to price decline in GTCO (0.7%), FBNH (-1.2%), and TRANSCORP (-1.9%). Cumulatively, these stocks account for 13.5% of the index.

Local Bourse Reverses Gains... ASI down 7bps

In line with our projection, the NGX -ASI yesterday shed 7bps to close at 95,831.51 index points, dragged by losses in OANDO (-8.7%), UBA, (1.8%) and FBNH (-1.2%) Nonetheless, YTD return remained unchanged at 28.2%, while market capitalisation declined by 0 1% to ₦54.4tn Activity level declined as volume and value traded decreased by 64.4% and 5.7% to 360.6m units and ₦7.3bn, respectively.

Positive Sector Performance

Performance across our coverage sectors was bearish as four indices closed in the red while the other two gained. The Banking index led the laggards, down 0.3% following price decline in UBA (-1.8%) and FBNH (-1.2%). Similarly, the Insurance and Oil & Gas indices fell 0.1% apiece owing to price depreciation in MANSARD (-1.6%), AIICO (1.8%) and OANDO (-8.7%). Losses in NASCON (8.4%) and MAYBAKER (-5.4%) pulled the Consumer Goods index lower by 2bps. Conversely, the Industrial Goods and AFR-ICT indices rose 0.1% and 1bp respectively, on the back of gains in WAPCO (+1.1%), CUTIX (+9.7%) and CWG (+5.4%).

Outlook

Investor sentiment, as measured by market breadth, improved to 0.13x (from -0.06x in the prior session) as 27 stocks advanced, 18 declined, while 72 closed flat. We anticipate an extended bearish run today as the market remains short of a substainable catalysts

A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return.

An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the

floor of the Nigerian Stock Exchange.

A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange.

GUIDE TO DATA:

Date: All fund prices are quoted in Naira as at 20-August-2024, unless otherwise stated.

Gamin G Week

Edited by nseobonG okon-ekonG | gamingweek1117@gmail.com

How Educational Games are Shaping Learning in Nigeriax

iyke bede writes that the EdTech sector in Nigeria is also growing, with new apps addressing educational disparities

Formal education typically involves students receiving verbal instructions from a teacher. The degree to which students engage with the material and develop an interest in solving problems can vary depending on the teacher’s approach. Traditional methods of instruction are now being complemented by educational gaming, which offers a more engaging and interactive learning experience.

Educational games, which blend learning with play, have been making waves around the world.

These video games are designed to teach specific subjects or skills, making complex concepts easier to understand and more engaging. Topics range from Mathematics and Science to language skills and coding.

Research indicates that personalised digital educational games improve students’ learning outcomes, satisfaction, and overall enjoyment of the learning process. A study by Youling Li, Di Chen, Xinxia Deng, and José Gutiérrez-Pérez, published in PLoS One (2024), highlights this.

The research highlights that digital educational games can significantly boost students’ motivation.

The study found that games like SimCity and the Kerbal Space Program positively impact learning motivation. SimCity helps students understand urban planning, while the Kerbal Space Program provides insights into aerospace principles. These immersive learning environments enhance student engagement and motivation.

Li’s research surveyed 434 students from three universities in Thailand, using statistical analysis to explore the effects of these games.

The findings indicate that educational games are most effective when paired with a supportive digital environment. This research supports the notion that interactive and rewarding learning experiences lead to better student engagement. It illustrates how games like SimCity and Kerbal Space Program can enhance educational outcomes by offering contextualised and stimulating learning experiences.

While progress in adopting educational games is slow in Nigeria, there are notable advancements.

Nexford University, an online institution,

integrates gamified learning into its programmes to boost student interest. Similarly, private tertiary universities, like the African Leadership University, have used virtual reality to enhance learning since 2016.

The EdTech sector in Nigeria is also growing, with new apps addressing educational disparities.

For example, uLessons, developed by Sim Shagaya, offers interactive games and tutorial videos for secondary school students.

The Ministry of Education has also made strides by introducing programmes to enhance learning through technology. Initiatives like the Smart School Initiatives, which use tablets and digital resources, and the Digital Literacy and Skills Development Programmes aim to effectively integrate technology into the classroom.

EStars, an educational eSports platform founded by Mags Byrne, is a novel development in Nigeria’s educational landscape. EStars bridges eSports and education, teaching students about business and career prospects within the eSports sector.

Byrne said, “We are not just teaching them

to be gamers. We are teaching them about business, jobs, and career prospects, using our qualifications as reference points for universities.” However, several challenges remain in the widespread adoption of educational games in Nigeria. Technological barriers, such as limited access to computers and reliable internet, pose significant obstacles. Additionally, some educators may resist these new methods, preferring traditional approaches. Addressing these issues requires substantial investment in infrastructure, comprehensive teacher training, and thoughtful integration of educational games into the curriculum.

Educational gaming represents an exciting development in Nigerian education. By making learning more interactive and engaging, these games have the potential to overcome some of the limitations of traditional teaching methods. As Nigeria continues to explore and implement these innovative approaches, educational games could play a crucial role in creating a more dynamic and effective learning environment for students across the country.

Nigerian Esports Federation Competes in Inaugural African Esports Championships in Casablanca

The Nigerian Esports Federation recently made history as it participated in the first-ever African Esports Championships from August 17 to 21 in Casablanca, Morocco.

This landmark event witnessed the best teams from across the continent compete in various esports titles, including Mobile Legends: Bang Bang and PUBG Mobile.

Two formidable Teams represenTed nigeria

Under the expert leadership of Dr. Sidney Esiri, aka Dr SID (technical/tournaments director), Emmanuel Oyelakin (vice-president), and Yahaya Maikori, the Nigerian teams eagerly showcased their skills on an international stage. Nigeria’s presence at the championships signifies the nation’s growing commitment to esports and its potential to become a major player in the global gaming industry.

“This event was not just about competition; it was also about putting Nigerian esports on the map,” said Esiri. “We want to demonstrate the incredible talent we have and inspire the next generation of gamers in Nigeria. Esports is a rapidly growing industry, and this is our chance to show the world what Nigeria is capable of.”

The championships represent a pivotal moment for esports in Africa, offering a platform to showcase the continent’s talent to a global audience.

For Nigeria, the event was more than just a competition. It was an opportunity to increase awareness and support for esports within the country, paving the way for future growth and development.

The Nigerian teams took to the stage with the hopes of a nation eager to embrace the future of sports. Nigerian Esports Federation thanked all Nigerians for supporting their teams to compete for glory in Casablanca.

s hagaya

b yrne

m aikori

Dr. s id

National Lottery Trust Fund to Partner Steam for Empowerment of Nigerian Children

The Executive Secretary of the National Lottery Trust Fund (NLTF), Comrade Tosin Adeyanju, recently met with a development partner, STEAM, led by Prof Hauwa Ibrahim, President of the Peace Institute, United States of America.

STEAM is a non-profit organisation dedicated to positively impacting

children’s lives, particularly displaced people, hawkers, almajiris and the downtrodden.

The organisation has successfully transformed recalcitrant children into professionals.

The proposed partnership between NLTF and STEAM aims to leverage STEAM’s over 200 years of combined experience in impacting lives around the world as

NLTF seeks to spread good causes across the nation and recognizes the importance of collaborating with STEAM to utilize their diverse talents in helping children across Nigeria.

Matilde Belleggia, Technology Tutor and a member of the STEAM team noted that despite advice from their country to avoid Nigeria due to security concerns, they decided to come to Nigeria and

have found the country to be relatively safe, contrary to what is being reported.

“We were advised not to come to Nigeria because of security concerns, but we decided to take the chance and have found Nigeria to be a wonderful country, full of resilient and talented people,” said Matilde Belleggia. “We are excited to contribute to the development of Nigerian children and communities.”

Adeyanju, in his remark, expressed gratitude to Ibrahim and the entire STEAM team for the lives that have changed through their organization. He emphasized the significance of the proposed partnership in impacting lives through collaboration. He equally thanked the volunteers who risked everything to be in Nigeria against their host country’s security concern that Nigeria is unsafe.

The proposed partnership promises to bring about positive change and empowerment for Nigerian children.

Meanwhile, Adeyanju has expressed his gratitude to President Bola Tinubu for appointing him to lead the organization.

He stated this during a congratulatory visit by a group known as Friends of President Bola Tinubu and Vice-President Kashim Shettima, led by Madam Bridget Torbua Igbauke.

The visit was a show of support for Adeyanju’s leadership and a demonstration of the group’s commitment to the success of the National Lottery Trust Fund.

YABATECH TOWN AND GOWN SECTION WITH INDUSTRY...

L-R: Registrar/Chief Executive, CIBN, Mr. Akin Morakinyo, HCIB; Rector, Yaba College of Technology, Dr. Engr. Ibraheem Adedotun Abdul; President/Chairman of Council, CIBN; Prof. Pius Deji Olanrewaju, FCIB; Head of Department, Banking and Finance, Yabatech, Dr. Adebola Adebisi, FCIB; and Chairman, CIBN Lagos Branch, Mr. Aina Adeyemo Adeoye, FCIB at the Yabatech Town and Gown session with the Industry in Lagos…yesterday

Njoku: S'Court Verdict on LGA Will Ignite Sustainable Development at Grassroots

Embarks on reconciliation, mobilisation in forthcoming polls

The National Chairman of the All Progressives Grand Alliance (APGA), Chief Edozie Njoku, has commended the apex court's verdict favouring local government autonomy, observing that the decision would go a long way in igniting sustainable development in rural areas.

Njoku, who said this yesterday, while interacting with journalists in

Abuja, acknowledged the judiciary's commitment towards deepening the process of internal democracy in political parties through upholding truth, enthroning equity and for restoring confidence in those who run to the court for justice.

"The LGA autonomy is another good example of judgement made by the Supreme Court which will go a long way to ignite sustainable development in the rural Areas," Njoku said.

The national chairman also commended the Independent National Electoral Commission (INEC) for their courage in doing the right thing by, "finally recognising us, the true Executives of APGA.

"Similarly, INEC has been undaunted, especially in the Counter Affidavit which they filed in Suit No: FHC/ABJ/CS/966/2024 dated July 12, 2024. This INEC counter affidavit has buried the lies being raised by detractors over the Owerri Convention. It settled the speculation that Chief Edozie Njoku’s name was never mentioned in the judgment of the Supreme Court. It also laid to rest the issue of tenure of office of the new National Executives of APGA.

Reappoints CMD of Aminu Kano hospital

Deji Elumoye in Abuja

President Bola Tinubu has approved the takeover and conversion of Dalhatu Araf Specialist Hospital, Lafia, to Federal University of Lafia Teaching Hospital, Nasarawa, following a request by the Nasarawa State Government.

According to a release yesterday by presidential spokesperson, Ajuri Ngelale, the conversion of the health facility to a federal teaching hospital would not only enhance the training of students in medical and allied sciences but also boost healthcare delivery in the state.

"We thank the NWC and the Peace and Reconciliation Committee who within One Month of our recognition by INEC have toured 22 States, so far, mobilizing aggrieved

party members to return to the fold and asking them to rise to the occasion and align with the leadership principles of the rebirthed APGA.

"We want to thank all APGA members in Anambra that are facing difficult times in the hands of the Anambra State Independent Electoral Commission (ANSIEC). We commend them for the way they have conducted themselves when they were locked out by ANSIEC at the stakeholders meeting which was organised on August 15, 2024. We are proud of you. We want to urge you never to relent", he said.

Njoku, while assuring that the party's NWC would do everything within the ambit of the law to ensure that rights of members are not trampled upon, said it was uncanny for the Anambra State House of Assembly to have embarked on the amendment of

the law establishing ANSIEC for the sole purpose of denying APGA the right of fielding legitimate candidates in the forthcoming LGA elections in Anambra State.

He apologised to members in Ebonyi State and other states where the LG elections have been conducted, where participation by APGA was minimal, due to the nonchalant attitude of previously recognised executives of APGA.

"We want to tell you that it will never happen again. We will ensure that APGA is enshrined in all the 36 States and Abuja in the shortest period of time no matter the sacrifice we have to make which is hard work and commitment.

"We also want to commend APGA members in all the States where the State Independent Electoral Commissions are yet to accord them their due recognition.

“Loose no sleep about this. Be

rest assured that we are solidly behind you. We shall explore all avenues within the ambit of the law to ensure the right thing is done.

"We also want to plead with all our candidates who have previously won elections in APGA since 2019 and were excluded by the protracted battle for the past five years. Please be patient with the NWC.

"We believe that peace and reconciliation is the best option at the moment. Give us some more time.

"Finally, we shall reposition, refocus and realign all APGA members in all the 774 LGAs. We shall galvanise and revive lukewarm members and ensure a commitment that has never been seen before. Repositioning of APGA for better days can only be achieved by hard work and commitment," he added.

Also, yesterday, Tinubu has approved the reappointment of Professor Abdurrahman Abba Sheshe as the Chief Medical Director of Aminu Kano Teaching Hospital, Kano, for a second and final term of four years, with effect from December 5, 2023.

Sheshe was first appointed as the Chief Medical Director of Aminu Kano Teaching Hospital on December 6, 2019.

The president, in another release by Ngelale, expected that with the renewal of Sheshe's appointment, he would re-dedicate himself to improving the standards of the hospital and ensuring the efficient delivery of qualitative services to citizens.

He said Tinubu remained committed to ensuring the social welfare and healthcare security of Nigerians and would aggressively sustain his administration's investment drive and efforts in the sector.

Omon-Julius Onabu in Asaba

Governor Sheriff Oborevwori, Wednesday, received the leadership of the Pentecostal Fellowship of Nigeria (PFN) on a visit on Wednesday with an assurance that his administration was focused on worthy achievements that would leave his name in the sands of time.

Specifically, the governor said that he was not out simply to please individuals but God Almighty alone, because he was determined "to leave a mark for future generations". and not to please anyone but God. Bishop Wale Oke led the PFN delegation to the Government House, Asaba.

He admitted that pervasive hunger has watered down the impact of

government's efforts at touching lives through various programmes and projects, but expressed delight that the state has remained relatively peaceful.

While assuring that his administration would not deviate from its avowed commitment to infrastructural and human capital development across the state, Governor Oborevwori said, "We have done a lot but it is still not easy because there is hunger in the land. Throughout the period of protest, Delta State was peaceful because we were praying during the protest.

"I am here to serve the people; I want to do what I will be remembered for so that by the time I leave, they will say he has done this and that. I am not here to please man but God.

The Joint Admissions and Matriculation Board (JAMB) has declared war on illegal admissions to eradicate admission malpractices in Nigerian tertiary institutions.

At a high-stakes meeting with admission officers from various institutions in Ogun State, JAMB Coordinator Alhaji Abdulhakeem Abdulhammed unveiled new strategies to enforce compliance and ensure merit-based admissions.

The meeting, held Wednesday, August 21st. at the Redeemer's Col-

"Before you leave, pray to God for permanent peace in Delta State because that is the only way development can come".

However, Oborevwori, Bishop Oke and the Christians for their prayer and support towards his emergence as the governor.

"As the PFN President, you stand in the position of a father to us in Nigeria and we know your capacity as a prayer warrior; and, I know that you are praying for this nation.

"As it is today, we need prayers so that we can succeed especially those of us in authority. Your prayers will always guide and order our steps to do what is right at all times.

"Your coming today is a blessing to the body of Christ in Delta State. You prayed for me when I was aspiring

lege of Technology and Management (RECTEM) in Mowe, Ogun State, focused on the theme "Towards Doing Admissions Right in Nigerian Institutions."

Abdulhammed emphasised that JAMB is determined to eradicate illegal admissions and ensure all admissions are processed through the Central Admission Process System (CAPS).

"We will no longer tolerate admission malpractices," Abdulhammed warned. "All admissions must be on CAPS. We have automated all our services, and institutions that fail to

and the PFN in Delta State also stood by me. It was a challenging time but the will of God like I asked for, prevailed", he noted.

The governor said that he had to overcome 38 court cases despite winning in 21 out 25 local government areas of the state, noting that God decreed his victory.

"Therefore, as you are here again, we seek your prayers against insecurity, for progress and, above all, for peace and stability of our state and country," Oborevwori entreated.

Earlier, the PFN President, Bishop Oke, told the governor that they were in Government House to honour him in line with biblical injunctions, disclosing that they were in the state for the dedication of the Delta State Secretariat of the PFN.

comply will face severe sanctions from the Minister of Education."

The new measures include complete automation of JAMB services, online accreditation of centres, remote exams, and digital payment systems. Institutions have been given a one-month grace period to compile and disclose all undisclosed admissions, after which sanctions will be imposed on non-compliant institutions.

Abdulhammed emphasised that JAMB is committed to informing, correcting, and guiding institutions to adopt federal government policies. The meeting marked a significant turning point in Nigeria's fight against education corruption, and institutions are bracing themselves for a new era of transparency and accountability.

Delivering her remarks at the event, Dr. (Mrs.) Stella Mofunanya, Rector of Redeemer's College of Technology and Management (RECTEM), emphasised the collective responsibility of ensuring a flawless admission process. She commended the JAMB Coordinator in Ogun State for convening the event at a critical juncture, when the nation's educational standards are facing a decline and student enrollment processes are becoming increasingly complex.

Dr. Mofunanya drew inspiration from Ecclesiastes 9:10, urging all stakeholders to diligently discharge their duties, saying, “Doing admission right is our collective responsibility, and we must do what our hands

find to do with utmost diligence."

Speaking on the theme "Towards Doing Admissions Right in Nigerian Institutions," Mrs. Kafayat Ibiwoye, Head of Matriculation and Monitoring Unit at JAMB Office, Ogun State, emphasised the crucial role of admission officers.

She highlighted that the admissions officer, registrar, and vice-chancellor/rector are the three principal officers in institutions, with the admission officer playing a vital role in policy meetings.

Ibiwoye stressed the importance of using the Central Admissions Processing System (CAPS), a communication platform that facilitates admissions processes. She explained that admission officers are responsible for setting up CAPS systems to guide admissions processes, analyzing student applications to determine eligibility, and evaluating student applications to colleges, universities, and polytechnics. They are also expected to propose students for admission and explain the admission process to stakeholders, including heads of institutions.

She emphasised that admission officers must be guided by institutional admissions criteria and regulatory bodies' decisions.

“For instance, if the minimum UTME score for admission is set at 100, institutions cannot set their own cutoff at 99”, Ibiwoye said as she encouraged admission officers to take ownership of their roles and ensure transparency in the admissions process.

Alex Enumah in Abuja

Mary Nnah

FOR A SUSTAINABLE AGRICULTURE AND FOOD SECURITY IN AFRICA...

L-R: Chief Operating Officer/Co-founder, Extension Africa, Isah Abdulsamad; Managing Director/Co-founder, Extension Africa, Tajudeen Yahaya and Business Development Officer of the group, Ifeoma Okoro, during a press conference themed "Bridging the Gap: How modern extension services drives sustainable agriculture and food security in Africa" held in Abuja... yesterday

How Certified True Copy Exposed Former

Edo Dep Gov, Shaibu, in A’Court Judgment

INEC presents updated voter register

The Certified True Copy (CTC) of yesterday’s Appeal Court judgement, might have exposed the lies told by the ousted former deputy governor of Edo State, Philip Shaibu, about his impeachment.

The CTC revealed that the Court had granted the application by the Edo State House of Assembly to withdraw its interlocutory appeal

after Shaibu was formally served the Appeal Court notice, after weeks of deliberate evasion.

But Shaibu had claimed that the Appeal Court had dismissed the appeal seeking to uphold his impeachment.

The appeal with case no: CA/ABJ/ CV/645/2024 was presided by Justice Hamma A. Barka, Justice Usman A. Musale, and Justice Okon E. Abang, of the Appeal Court sitting in Abuja.

The application was granted in the absence of any objection to the application.

The CTC also confirmed that the bailiff had served the 2nd respondent, the Inspector General of Police on August 15, 2024.

According to the CTC, the counsel to the appellant (the Edo State House of Assembly), Olusegun Jolaawo, SAN, noted that, “We have filed a Notice of withdrawal of the appeal

since we have another appeal before the court which will take care of the instant situation.”

In granting the application, the Court stated that “There being no objection, Appellants application seeking the withdrawal of this appeal is granted and by dint of 011 R6 of the rules of this court. Appeal with No. CA/AB)/CV/645/2024 is hereby dismissed.

The Edo State House of Assembly,

Anti-graft Agency Arrests Kwankwaso's Nephew, Others in Kano, to Recover N440m

Ahmad Sorondinki in Kano

The Kano State Public Complaints and Anti-Corruption Commission (PCACC), has apprehended five persons, including former state Governor, Rabiu Kwankwaso's nephew, Musa Garba Mohammed Kwankwaso, the Permanent Secretary of the state Ministry for Local Government and Chieftaincy Affairs, over alleged multi-billion Naira drugs supply scandal.

The commission has secured a postno-debit order on the Bank account linked to the alleged scam, which led

to the recovery of N440 million and blocked the transaction of n160 million.

Confirming the arrest, the Public Relations Officer of the commission, Kabir Kabiru, said the state Chairman of the Association for Local Governments of Nigeria (ALGON), Abdullahi Bashir, who is also the chairman of Tarauni Local Government Council, was also in their custody.

The suspects were accused of connivance to award a contract to Novomed Pharmaceuticals, for the supply of drugs to 38 local government areas in the state, which violated public procurement laws.

voice, hearing the concerns and the elements that we can work together on to support stability and security across the board.

“Our bureau utilises the toolkits of confidence-building measures, but also security mechanisms together to try to achieve greater stability. And we do this with our partners around the world.

According to reliable source at the Agency, 38 local governments paid n9.1 million to Novomed for the procurement of drugs, but the drugs were not supplied.

The Managing Director of Novomed, Musa Garba Kwankwaso, who is also a nephew to Senator Rabiu Kwankwaso, was however arrested in connection with the contact scam.

The spokesman noted that, while the commission was working to unravel the detail of the scam and bring those responsible to justice, all the suspects were cooperating with the investigation

NSA: Terror IS m H AS Lef T Profou ND AND PAIN fu L mA rk o N N I ger IA confidence-building measures to ensure access is allowed for the important resources, such as water in some of these communities, and it's been really helpful to work on communication capacities, to work on, even sometimes, information exchanges that provide greater understanding and prevent some of the tensions that lead to that instability.

“So you know, to give you more specifics, coming here has been helpful to understand how many challenges these communities are facing across the board. Just as the global community is facing inflation challenges after COVID-19.

“This is very real, and so appreciating how we can incorporate, hopefully, some confidence security building measures, some mechanisms to hear more information and to allow greater exchange of information to, hopefully, get ahead of that tension.” Stewart disclosed that she had met with some operators in the Nigerian security sector and the civil society movement.

She added, “Our bureau is here to focus on hearing the Nigerian

“Some of the important conversations we were able to talk about was how we can work to hear the Nigerian interest in a political declaration that the US government has been working with right now 55 other countries, hopefully, more, including some African nations, to agree upon the responsible uses of AI in the military context, right to sort of make sure we can get these 10 principles using AI in a manner consistent with international law, recognising inherent human bias, recognising that AI systems upon AI systems can lead sometimes to greater risks.

“It really is a good encapsulation of what we do in our Bureau, which is maximising the advantages of stability and security mechanisms

and minimising some of the risks that can sometimes be inherent in emerging technologies or in challenges in implementing even treaties.”

Stewart added, “One of the other conversations we had was our upcoming partnership with the Nigerian government to lead a conversation for the region on the implementation of the Chemical Weapons Convention and understanding the challenges in that context, so that you know the Nigerian voice in explaining sometimes the concerns concerning non-state actors in chemical security, how they can be important in the region, and how as a region, if ECOWAS member states, can also work towards implementing some of these international conventions, it can be more stabilising, so that was another conversation we had.

“We also talked about where we can contribute to what is already a very complicated and sophisticated group of participants in the Yaounde architecture and understanding, if we can provide any additional capacities in communication, enabling or better standard operating procedures for all the diverse players, working through

team.

The Kano State Governor, Abba Kabir Yusuf, has directed the Anti-graft Commission to commence investigation of the alleged diversion of about n10 million from each of the 44 local government accounts to a company called Novomed for the purchase of medical supplies.

A whistleblower, Dr. Bello Galadanci, had alleged that 44 local governments in the state were fraudulently instructed to pay n10 million to a company called Novomed for the purchase of medical supplies.

an appreciation for Nigeria's role in that working through an appreciation for the maritime centres that are based here to see if we can facilitate a better appreciation of more effective teamwork, in a sense, on all of the issues that everyone is coming at from different perspectives. So these were some of the conversations we had.”

Tinubu: We're Taking Steps to Secure Nation, Counter Desperate Acts of Terrorism

Meanwhile President Bola Tinubu yesterday declared that his administration was taking very firm steps to adequately secure the Nigerian nation against the desperate act of terrorism.

Reacting to the assassination of the District Head of Gatawa District in Sabon Birni Local Government Area of Sokoto State, Alhaji Isa Bawa, the president , in a release issued by his Media Adviser, Ajuri Ngelale, assured Nigerians that his administration is aggressively removing threats to ensure the security of the nation and that these desperate acts of terror will be effectively countered.

had on Monday, April 8, 2024, impeached Philip Shaibu following the adoption of the report of the seven-man investigative panel set up by the State Chief Judge to probe allegations of misconduct against the former deputy governor.

The investigative panel set up the EDHA was headed by Justice S.A. Omonua (retd.) and probed Shaibu on allegations of perjury and leaking of government secrets, ending its sittings with the former deputy governor refusing to appear before the panel.

Shaibu was impeached by the vote of eighteen out of 19 members of the Assembly present at plenary, while one abstained from the headcount and voting process.

Justice J. K. Omotosho of the Federal High Court, Abuja, had however faulted the impeachment of Shaibu.

The State Assembly immediately appealed the judgement and also filed a stay of execution on the judgement pending appeal.

Meanwhile, ahead of the September 21, 2024 governorship election in the state, the Independent National Electoral Commission (INEC), Tuesday, presented the Certified True Copy of the updated Voter Register to political

parties for the election.

Making the presentation, the INEC Resident Electoral Commissioner, Dr. Anugbum Onuoha, said Edo State following the updated Voter Register had 2,629, 025 intending voters. He said the commission decided to issue the voters register to the political parties for the election in line with the provisions of the Constitution and the Electoral Act, 2022 as amended Onuoha revealed that prior to the recently Continuous Voter's Registration (CVR) in the state, the total number of registered voters during the 2023 general election in Edo was 2,501,081. Giving the breakdown, the REC explained that a total number of 119,206 were recorded during the last CVR in the state, and that while 8, 847 people transferred their voting centres to Edo State, 109 voters transferred their voting centres out of Edo State.

"In line with Section 10(4) of the Electoral Act, 2022 as amended, today, we shall be giving you (political parties representatives), the Official Register of Voters in Edo State and this is the 10th item in the timetable and schedule of activities for Edo State," he said.

APC Threatens to Shun Rivers LG Election

The Tony Okocha-led All Progressives Congress (APC) in Rivers State, has threatened that his members would not participate in the local government election scheduled to hold on October 5, 2024 in the state.

The caretaker committee chairman of the APC, who said the LG election would not hold in the state, disclosed that recently his position was renewed by the National Working Committee (NWC), adding that his tenure would expire on December 5, 2024.

Okocha also announced that both the APC and the Peoples Democratic Party (PDP) would not participate in the said election if it eventually held.

The APC CTC chairman spoke yesterday while addressing an expanded stakeholders’ meeting of the party in Port Harcourt, the state capital.

The meeting was attended by leading members of the party in

the state, including it's former Chairman, Ojukaye Amachree and Senator Wilson Ake, amongst others.

While insisting that the party in the state would no longer allow itself to de dragged into the opposition, Okocha accused the Emeka Beke-led faction of the party of working in synergy with the state government to oust the committee.

"Our caretaker committee was to stay for six months and after the expiration of the six months, the National Working Committee extended our stay for another six months. So, we will be in the saddle of Rivers APC leadership until December 5, 2024.

"We are not part of the decision for an election in October. We are in court and we cannot discuss what is before the court. That October 5 election will not work. They cannot go on to conduct such election without a party like APC. I heard that PDP is also not participating in the election,” he said.

PHOTO: ENOCK REUBEN

Adibe Emenyonu in Benin City

Blessing Ibunge in Port Harcourt

COURTESY VISIT TO DELTA GOVERNOR...

Delta Governor, Rt. Hon. Sheriff Oborevwori (13th right); his Deputy, Sir. Monday Onyeme (14th left); Deputy Speaker, State House of Assembly, Rt. Hon. Arthur Akpowowo (10th right); Secretary to State Government, Dr. Kingsley Emu (12th left); Ovie of Agbon Kingdom, Ogurimerime Ukori I, HRM Michael Omeru (12thright); Chairman /Pro- Chancellor, Federal University of Petroleum Resources Effurun (FUPRE), Bello Issa (13th left); Chief Brodericks Arigbodi (5th right); and Director of Protocols, Olorogun Sunday Onoriode (last right), during a courtesy visit to the governor by the monarch, Agbon chiefs and FUPRE management in Asaba…recently

Court Restrains APC from Sacking Benue State Party Chair, Other Members of SWC

NWC ignores order, sacks state exco, constitutes 7-man caretaker committee

Adedayo Akinwale in Abuja and George Okoh in Makurdi

The Benue State High Court has restrained the leadership of the All Progressives Congress (APC) from Sacking the state chairman of the party, Hon. Augustine Agada and other members of the State Working Committee (SWC).

Since the assumption of office of Governor Hyacinth Alia, there had been a cold war between him and his estranged political godfather, the Secretary to the Government of the Federation (SGF), Senator George Akume. The cold war over who controls the sole of the party in Benue has led to the factionalisation of the party. A faction of the party led by Benjamin Omakolo has the support

of the governor, while the other faction led by Agada is loyal to Akume.

However, a copy of the exparte order granted by Justice Theresa Igoche in suit no: MH /1585m/2024, was made available to journalists at the national secretariat of the party in Abuja yesterday.

his tenure and other members of the Benue State Working Committee of the Respondent until the expiration of their four-year term in office pending the determination of the motion on Notice.

the State Working Committee (SWC).

The NWC-led by its National Chairman, Dr. Abdullahi Ganduje, announced the dissolution of the state exco at the end of the NWC meeting held yesterday in Abuja.

seven-man Caretaker Committee to run the affairs of the party for the next six months.

FG on Verge of Removing Tertiary Institutions from

Kuni Tyessi in Abuja

The federal government has disclosed that the federal government is on the verge of removing universities and other tertiary institutions from the Integrated Personnel and Payroll Information System (IPPIS), a payment platform which had sparked intense protests from the Academic Staff Union of Universities (ASUU) in recent times.

The Minister of State for Education, Dr. Tanko Sununu, who said this in an exclusive interview with THISDAY, disclosed that the removal of tertiary institutions from the IPPIS scheme was almost complete.

ASUU had reportedly issued a 21-day notice to the federal government threatening to embark on a fresh industrial action over the failure of the government to implement past agreements, including the removal of universities from the IPPIS scheme.

However, in the interview, Sununu disclosed that although there was a delay in the implementation, the Ministry of Finance and the Office of the Accountant General

IPPIS, Says Minister

of the Federation (OAGF) were working in synergy to comply with the Presidential directive on the matter.

President Bola Ahmed Tinubu at the Federal Executive Council (FEC) meeting of August 15, 2024, had directed that the removal of the trade union and other tertiary institutions from the payment scheme should be implemented henceforth without delay.

On the issue of non-payment of salaries to some lecturers, particularly in federal public universities for over one year, Sununu said the ministry was unaware of such a development.

"There was a delay in the process of the movement of tertiary institutions from IPPIS and just if recent, the President in the Federal Executive Council meeting directed that it should be implemented henceforth without delay.

"As of today, the Federal Ministry of Finance and the Office of the Accountant General of the Federation are working in synergy to comply with that with immediate effect. Therefore, removing tertiary institutions from IPPIS is as good as done," he said.

DA m A gum: I’m Con T empl ATI ng V YI ng for p re SID en CY, Be CA u S e I’ V e Be C ome So p opul A r

said those things, did they bring one member that won election?

“The PDP still did not win. I stood my ground on the context of principle that this is not done and we would not accept that. People should know me for something – positivity is very, very important. Forget about those who say ‘Wike say this, say that.”

He attributed the PDP crisis to the greed of some stakeholders, who refused to abide by the party constitution, saying, “The only thing that has caused this is because people are very greedy.

The court also ordered the National Working Committee (NWC) led by its National Chairman, Dr. Abdullahi Ganduje, not to remove Agada-led State Working Committee until the expiration of its four years tenure.

The Judge, while granting the exparte application by Agada and eight others, restrained APC, either by itself, its privies, assigns, staff, officers, servants, agents, representatives, or whomsoever, howsoever described, from removing, changing replacing or howsoever terminating

"I have looked at the processes filed along with the application, particularly, Exhibit MT ‘1’ attached to the affidavit in support and I am satisfied that the application has merit," the judge declared while granting the prayers of Agada.

"In the circumstances, I hereby grant the application as prayed,” the judge ordered.

The Judge further ordered that the order be served on the APC forthwith, along with the motion on notice fixed for hearing on 28th of this month.

Meanwhile, the National Working Committee (NWC) of the APC has ignored the court order and sacked

The Caretaker Committee which was inaugurated by Ganduje at the party's National Secretariat would serve for six months.

“The problem we are having in the state, factions, counter-factions; litigations, counter-litigations. These, the National Working Committee will not allow to continue.

“The party is an institution, you must be united. So in order to solve the problem, we followed our Constitution and therefore the National Working Committee has today dissolved the Executive Committee and at the same time the National Working Committee has approved the constitution of a

“Also, since you are going for local government election, and the party is the only organ that can certify candidature of any contestant, therefore, you are saddled with the responsibility of conducting primaries for those who intend to become chairmen and councilors of their local government areas.

“We urge to unite, continue dialogue with major stakeholders so that we will bring all of you together so you work together.”

The members of the constituted Benue State Caretaker Committee are Hon. Benjamin Omale (Chairman), Prof. Ben Angwe (Secretary), while Hon. Richard Mzungweve, Hon. James Ornguga, Terhemen Ngbea, Helen Agaigbe, and Ali Adah would serve as members.

Poll Says Ighodalo Ahead of Okpebholo, Akpata, Others in Edo State Guber Election

Adedayo Akinwale in Abuja

The African Polling Institute (API), has revealed that the candidate of the Peoples Democratic Party (PDP), Asue Ighodalo, was ahead of his two closest opponents, Mr. Monday Okpebholo of the All Progressives Congress (APC) and Mr. Olumide Akpata of the Labour Party (LP).

The Executive Director of API, Professor Bell Ihua, in a statement yesterday added that the poll also showed that there was a significant proportion of undecided voters.

He noted that the state-wide poll, conducted between August 12th and 16th, 2024 was aimed at capturing the perceptions and attitudes of Edo State Citizens, Residents, and Voters on the forthcoming Gubernatorial Elections in the state.

Ihua stressed that in the poll, Ighodalo with 43 per cent was currently in a strong position, maintaining a 23 points lead over his closest opponent, Okpebholo with 20 per cent, while Akpata with 9 per cent trails from a distance.

“However, a significant proportion of undecided voters, 28 per

cent, may be able to swing the votes in favour of any of the two leading candidates.

“In addition, 94 per cent of respondents were registered in Edo State and had collected their Permanent Voters’ Cards (PVCs), while 83 per cent had given some thought to the Edo 2024 Governorship Election.

“In terms of election integrity, 47 per cent of respondents are not at all confident in INEC’s ability to conduct a free, fair, and credible election, while 34 per cent have some confidence and 19 per

cent have complete confidence in INEC.”

The poll further showed that 80 per cent of respondents said they felt safe going out to vote on election day.

“Respondents were also asked which political party stood the best chance of winning the Edo 2024 Governorship Election. From the response, 42 per cent thought that PDP stands the best chance of winning, followed by 22 per cent, who mentioned APC and 6 per cent who favoured LP,” Ihua noted.

Shiroro Massacre: Musa Advocates Security Summit as Bandits Kill Farmers, Miners in Bassa

Sunday Aborisade in Abuja

National Chairman is by election, not by appointment.

“If you are doing caretaker it can be by appointment but if it is to preside over those who are elected, that chairman must be by election and that has been the convention.

“The fact is that I am a PDP man and the law must be followed and if you think that you can go and sit down somewhere and say you will do this, you will cause crises for yourself,” Wike asserted.

“All I am saying is what does the constitution of the party say? I will not just as a prominent member of the party fold my arm to allow those who were not appointed to preside over those who were elected.

Senator representing Niger East Senatorial District, Sani Musa, has advocated the immediate convocation of the Niger State Stakeholders’ Forum to find a lasting solution to the incessant, senseless killings of innocent farmers and miners by terrorists in the state.

Musa, who is the Chairman, Senate Committee on Finance, made the call while reacting to the heinous attack carried out by bandits at approximately 12 noon

in Bassa, Alawa Ward of Shiroro Local Government Area of the state on Wednesday.

The Senator, in a statement personally signed and made available to our correspondent in Abuja, yesterday, condemned the act and urged relevant security agencies to take necessary proactive steps to secure the state.

“It is with profound sorrow and anger that I condemn the heinous attack carried out by bandits at approximately 12 noon in Bassa, Alawa Ward of Shiroro Local

Government Area.

“These ruthless criminals slaughtered innocent people, many of whom were simply working on their farms or at local mining sites.

“The heart-wrenching scenes of people fleeing into the bush, trying to escape the rain of gunfire, are deeply disturbing.

“This bloodshed is an unacceptable and persistent tragedy in our communities. Too many lives have been lost, and too many families have been shattered by this senseless violence.

“I stand with the people of Shiroro and all affected areas in Niger East Senatorial District. We must take immediate and decisive action to end this cycle of violence.

“I call upon the relevant authorities to intensify efforts to secure our communities, and | urge all stakeholders to come together in finding lasting solutions to restore peace and safety to our land.

“Enough is enough. We cannot allow these atrocities to continue. The safety and security of our people must be our utmost priority,” he said.

UCEE MiCROFiNaNCE BaNK LaUNCHEd…

L-R: Chairman Board of Directors, UCEE Microfinance Bank, Stephen Nwadioku; Founder & Chairman, Heirs Holdings Group, Tony Elumelu; Managing Director/CEO, UCEE Microfinace Bank, Esther Adeola Balogun, and Group CEO, United Capital Group, Peter Ashade, at the official launching of UCEE Microfinance Bank in Lagos… recently

Three Soldiers, 15 Bandits Killed as Troops Take Battle to Bandits’ Den

seriki adinoyi in Jos

Soldiers attached to Operation Safe Haven in Plateau State on Tuesday night killed over 15 bandits as its troops swooped on bandits in their den at Gudiri of Bashar District of Wase Local Government Area of the state. The incident occurred after corpse of a police officer, who was earlier abducted by the bandits at Kampani was found in a nearby bush by the soldiers.

The bandits had been terrorising the area since the beginning of the year, with their latest victim being the Police officer.

Kogi Launches Programme to Fight against Tuberculosis

ibrahim Oyewale in Lokoja

The Kogi State Government in collaboration with Stop TB Partnership Nigeria has initiated a revitalised effort to combat tuberculosis (TB) in the state.

The wife of the state governor, Hajia Sefinat Ododo, who was appointed as the TB Champion for Kogi State, has pledged to mobilise support and resources to eradicate TB, stressing the importance of collective action in raising awareness and ensuring effective treatment.

Hajia Ododo, after taking the role of TB Champion of Peace, called

‘3MTT

The MYY Venture Capital and Technologies founders, Richard Ogundele and Abiola Aderiye, have commended the federal government’s Three Million Technical Talent (3MTT) programme, but stated that it’s not enough to achieve tech success.

Discussing with the tech experts recently, the duo believe that it’s just a starter to technology success in Nigeria, but the federal government should consider investing more in research, Artificial Intelligence (AI), blockchain, and Science, Technology, Engineering, and Math

On May 21 this year, the bandits had attacked Zurak community killing over 40 villagers and injuring several others including vigilantes supporting the security personnel to secure the area.

upon local government chairmen and their spouses to serve as local TB champions. She officially launched the TB champion campaign and sensitisation programme in Kogi State. Also, the Commissioner for Health, Dr. Abdulazeez Adeiza Adams, reaffirmed the state government dedication to healthcare excellence. He highlighted the progress made in TB control and the partnerships established with global organisations, emphasising the state investments in the health sector, including the enhancement of hospitals and health centres that provide TB treatments.

Programme Not Enough for Tech Devt’

(STEM) across all education levels. According to them, “The 3MTT programme is a commendable initiative to train the younger generation in digital skills like software development, cloud engineering, and artificial intelligence, but it is not enough. Continuous and comprehensive training programs beyond these skills are needed. I would advise the government to invest in innovation hubs and incubators that support startups and small businesses, provide funding for research and development in emerging technologies like AI and blockchain, and enhance STEM education at all levels.

FUT Minna Loses Two Students Within Two Weeks

Laleye dipo in Minna

A 400 level student of the Department of Animal Production of the Federal University of Technology, Minna, Niger State, Oluwaseyi David Adebayo has died hiking in Minna.

This is just as another 200 level student Abdulsalami Abdulfatai died yesterday.

Adebayo was said to have gone on the hiking expedition

with some of his colleagues on August 10 when the incident happened while Abdulfatai was involved in his morning exercise when he slumped and died. It was gathered that Adebayo slipped from a hill and landed in a fish pond where he died.

THISDAY learnt that the locals in the area where Adebayo died refused to release the corpse until some rituals were performed to avert similar occurrence for seven other people.

A resident of the area, Shapi’i

Sambo told newsmen that the soldiers and vigilance in the area on Tuesday night mobilised and took the fight to the bandits, adding that the security personnel

successfully dislodged them from their hideout.

Sambo said over 100 cattle that had been rustled by the bandits were recovered after the operation.

Also narrating the incident, a member of the vigilance group, who pleaded anonymity said: “We have just returned from the battle field.”

Women Protest Economic Hardship in Ondo

Fidelis david in akure

Some women yesterday staged a peaceful protest in Akure, the Ondo state capital over the current economic hardship in the country.

The women, some of whom are widows and had their babies strapped to their back, gathered at the governor’s office, Alagbaka, Akure chanting solidarity song to press home their demands. Specifically, the protesters lamented that they could no longer feed their family or fund their children’s education due to the level of poverty in the nation.

protesters, Mrs Folashade Adewumi called on both Ondo state and federal governments to consider women, especially widows, for soft loans and palliatives.

Speaking on behalf of the

Adewumi, who vowed that they would continue their protest until their demands are met and they receive the help they need to sustain their businesses and provide for their families, asked the government to ensure transparency in the intervention programmes. She also demanded government’s intervention in the form of palliatives to help them cope with the financial strain caused by the hardship.

‘Synergy, Vigilance, Key to Mitigating Biological Shocks’

sunday Ehigiator

Lagos State Commissioner for Health, Prof. Akin Abayomi, has emphasised the importance of synergy among all stakeholders, vigilance, and documenting lessons from experiences with biological shocks, such as the Ebola and COVID-19 outbreaks in Nigeria.

He made this known while speaking recently at a launch of the book titled ‘An Imperfect Storm’, written and published by the former Director-General (DG) of Nigeria Centre for Disease Control (NCDC), Chikwe Ihekweazu, and his wife, the Managing Director of Nigeria Health Watch, Vivianne Ihekweazu,

In his address, Prof. Abayomi shared his experiences managing the COVID-19 response in Lagos, highlighting the challenges and tensions between state and federal authorities. He also acknowledged the efforts of Dr. Chikwe Ihekweazu, in developing a public health strategy for Ebola and COVID-19.

According to him, Lagos had invested in infrastructure and biosecurity measures before the COVID-19 pandemic, which helped mitigate its impact. However, he warned of the ongoing threat of highconsequence pathogens, including the potential for laboratory accidents or intentional release.

Reconstruction Work Begins on Lagos-Ota-Abeokuta Expressway

James sowole in abeokuta

Succour is on the way for motorists plying the Lagos-Ota-Abeokuta Expressway as the contracting firm, Craneburg, has moved to the site to begin the reconstruction of the ever-busy road.

The flag-off/turning of the sod for the reconstruction will take place tomorrow, Friday, 23rd August. It will be performed by the Governor of Ogun State, Prince Dapo Abiodun.

Craneburg started mobilising its equipment to the site 10 days ago to begin palliative measures in an attempt to make one side of the road motorable, while construction proper begins on the other section.

The palliative measures already completed on the road covered Sango-Ota, Pakoto, Ifo, Ewekoro, Itori, and Obada, with stone bases spread on the bad portions to make traveling less stressful while the reconstruction is ongoing. The federal government-owned road has been in a deplorable state for more than 20 years. It was finally handed over to the state government this year by the President Bola Ahmed Tinubu-led administration after previous efforts.

Awka Community Calls for Partnership with Security Agencies on Cult Killings

david-Chyddy Elekeinawka

Indigenes of Ezinano Community in Awka, the capital of Anambra State have called for partnership with security agencies to stop the rampant cult related killings in the city.

Awka has recently become a hub for killing of youths, which has been attributed to tussle by members of various cult groups in the city.

Indigenes of the community who gathered at a security summit organized by its leadership yesterday

called for partnership with all the security agencies, insisting that only a partnership with the community can stem the tide of killings.

Convener of the symposium, Mr. Jeff Nweke said: “We as Awka people know those responsible for the killings

in Awka, and we want the security agencies to partner with us. “This is because we are the ones who know our sons that are into this. They are our children; we know their names and where they live.”

UNICEF: 2.8m Women, Children Face Threat of Acute Malnutrition in North-east

Onyebuchi Ezigboinabuja

About two million and eight pregnant women, lactating mothers and under five-year old children are currently in dire need of preventive nutrition services across the north eastern part of the country.

Also, approximately 1.7 million boys, girls, women, and adolescents across the BAY states are likely to be affected by acute malnutrition during 2024, including 206,779 pregnant and lactating women.

This was revealed by the UNICEF Chief of Borno Field Office, Dr. Tushar Rane at the Child Malnutrition Media Dialogue and Capacity Building for journalists held in Maiduguri, Borno State to commemorate World Humanitarian

Day. He said: “In our states, approximately 2.8 million children under five and pregnant and lactating women (PLWs) are in need of preventative nutrition services.

Food Security: Oyebanji Presents Bus to Ekiti Youths in Agribusiness

Gbenga sodeindeinado

Ekiti State Governor, Mr. Biodun Oyebanji, has presented an 18-passenger capacity bus to youths in agribusiness to ease the transportation challenges faced by the Ekiti youths in the agriculture clusters.

The bus was in fulfillment of the promise made by the governor during the commencement of the planting season and distribution of seedlings and implements to the young farmers.

Presenting the bus on behalf of the governor at the Osutokun Pavilion, Government House in Ado Ekiti, the

Secretary to the State Government (SSG), Dr. Habibat Adubiaro, said the gesture was part of the governor’s broader strategy to empower the youths and promote agribusiness as a viable career path in the state.

Highlighting the importance of transportation in agriculture value chain and noting that access to

efficient logistic is crucial for the success of any agribusiness, the governor stressed that the bus would help in conveying the youths to the farms as well as reaching the market, transporting goods, and connecting the suppliers, thereby enhancing the profitability and sustainability of their business.

ayodeji ake

TOWARDS EDUCATIONAL DEVELOPMENT …

L-R: Vice-Chancellor, Federal University, Oye Ekiti (FUOYE), Prof. Abayomi Sunday Fasina; member of Council, Rt. Hon. Nike Omoworare; Pro-Chancellor/Chairman of Council, Engr. Kayode Olubunmi Ojo; members of Council, Hon. Chief (Mrs.) Ifeoma Ndukwu, and Matthews Ofodum Nganjiozor during a working visit and tour of Oye and Ikole Ekiti campuses of the university in Ekiti...recently

NSCDC Nabs Three for Illegal Mining, Theft in Ondo

Fidelis David in akure

The Nigeria Security and Civil Defence Corps (NSCDC) in Ondo State said it has apprehended three persons for alleged illegal mining, and armoured cable theft in the state.

NSCDC Public Relations Officer in the state, Daniel Aidamenbor, disclosed this in a statement in Akure yesterday. Aidamenbor said that two of the suspects were apprehended on August 13 for r illegal mining activities in the Oke-Igbo, Ile-Oluji/

Etsu Nupe Supports Niger Govts Plan to Tackle Almajiri Menace

The Etsu Nupe and Chairman of the Niger State Council of Traditional Rulers, Alhaji Yahaya Abubakar, has supported the plan of the state government to tackle the Almajiri menace in the state.

The monarch gave the backing when a committee set up by the stated Governor, Mohammed Umaru Bago, to handle the problem paid him a visit at the Wadata Palace in Bida.

According to the Etsu Nupe, the task ahead of the committee “is enormous and requires commitment and dedication because of the large number of people involved.”

Alhaji Abubakar said attempt in the past to control and regulate the Almajiri system failed due to lack of proper mechanism put in place and inadequate funding, before charging the present administration not to fall into the same pit.

He conceded that children “are entitled to seek Islamic knowledge anywhere, but the practice of knowledge by children should be controlled and not allowed to roam the streets begging.

“These children spend quarter of their time begging instead of seeking knowledge, we and the authority are very concerned, this trend must be corrected appropriately.”

The traditional ruler, therefore, advised that the government initiative meant to address issues of Almajiri should be implemented directly from the office of the governor for close monitoring and supervision.

The Chairman of the committee, Alhaji Shuaibu Gwada, in an address said the system meant for the children to seek knowledge unfortunately has become a problem over the years due to neglect and proper care for the children.

PPDC Trains 30 Law Clinicians on Justice Reforms in Adamawa

The Adamawa State Coordinator of Public and Private Development Centre (PPDC), Fatima Bello Raji, who is also the state Program Officer, Access to Justice, has said that the PPDC has trained 30 Law Clinicians and Law Coordinators on Justice Sector Reforms in the state.

Raji made the disclosure to journalists shortly after the capacity and training workshop held in Yola, the Adamawa State capital.

While welcoming the participants in her open remarks, she revealed that the capacity workshop was organised to empower law coordinators and clinicians on Justice Sector reforms.

The coordinator further revealed that the training was supported by the US Department of Narcotics and Law Enforcement Affairs (INL) aimed at equipping 30 law clinicians with the knowledge and skills necessary to drive meaningful reforms in the justice sector.

Raji emphasised the vital role law clinicians play in shaping the future of the justice system, particularly in addressing the challenges facing the sector.

“The justice sector in Nigeria is at a crossroads, facing challenges that demand innovative solutions and collective action.

“The training programme is designed to equip participants with the knowledge, skills, and expertise necessary to drive meaningful reforms and improve access to justice for all.

“The topics to be explored during the training include the role of law clinics in facilitating access to justice for indigent detainees; ethics of pro bono legal practice in Nigeria, and project reporting,” she said.

Raji added that participants would also learn about lawyering and advocacy skills, strategies for effective advocacy and stakeholder engagement, and addressing systemic barriers to access to justice.

Okeigbo areas of the state.

He said that the suspects, Modashiru Nasiru, 18, and Hassan Yaya, 19, were indulging in unlicensed mining

activities.

In the same vein, Aidamenbor disclosed that another suspect, Aloa Segun, 40, was apprehended for

armoured cable theft, stressing that during the investigation, armoured cables, recline cables and a generator, all valued at N3.3 million were recovered

from the suspect. He said that the suspects would be prosecuted as soon as investigations were concluded.

Sokoto District Head Dies in Bandits’ Captivity

Onuminya Innocent insokoto

The District Head of Gatawa, Sarkin Kudun Gatawa, Alhaji Muhammad Bawa, has reportedly died in the captivity of bandits.

Breaking the news of his death yesterday afternoon, one of his sons claimed that the family had been

Expert:

informed of their father’s death in captivity.

The monarch was kidnapped about a month ago and was few days ago seen in a viral video appealing to the Sokoto State Government, Sokoto Sultanate Council, his relatives and friends to help pay ransom for his freedom

before the deadline set by his captors.

Alhaji Bawa said that the bandits had issued a deadline for the payment of ransom and failure of which he would be will killed.

The traditional ruler, seen in the video with his blood-stained clothes as well as chained hands

and legs said: “I am seeking the help of the government. I am their servant, and I have served them for 74 years, including 45 years in government service. “I have always been in the service of the government, and it is the government’s responsibility to help me.”

Food Crisis in Nigeria May Last Longer than Anticipated

Fidelis David inakure

An agriculture expert and former Senior Special Assistant on Agric and Agribusiness to late Governor Oluwarotimi Akeredolu, Mr . Akin Olotu, has warned that the food crisis in Nigeria may last even longer than anticipated.

Olotu, who spoke in Akure, at the annual lecture series of the Correspondents’ Chapel of the Ondo State Council of the Nigeria Union of Journalists (NUJ), said the only way out of the quagmire is for government to tackle climate change, pest infestations, and other threats to agricultural productivity.

His words: “In the months ahead, there will be more food crisis. The present climatic condition is not favourable to farming activities. Something has to be done. Food crisis is still ahead. President Bola Tinubu has to set target for the state and local councils. Presently, Nigeria’s poultry industry has collapsed.

Precisely, Olotu who noted that Nigeria faces significant food security challenges exacerbated by escalating conflicts, economic instability, and atypical staple food prices, urged the state Governor, Lucky Aiyedatiwa, to dedicate 24 per cent of the state’s 2025 budget to agriculture to enhance food production.

624 Indigent Persons Get N400m Assistance Piloted by Obaseki in Edo

Adibe EmenyonuinBenin-city

A group, Edo State Mercy Committee, has disbursed the sum of N400 million to assist over 624 indigent persons in the state between 2020 and 2024.

The Mercy Committee is a humanitarian effort piloted by Governor Godwin Obaseki after his first term of office.

Disclosing this at a press conference in Benin-city, capital of Edo State, yesterday, the Secretary of the committee, Igbogo Ebamiyo Peter, said the setting up of the Mercy Committee by Obaseki was one of the success stories of the state government.

According to him, “Immediately after the inauguration of His Excellency, Governor Godwin Obaseki’s second tenure on November 12, 2020, he raised a five man team into a committee he called ‘Mercy Committee’, which I am privileged to serve as the secretary.

“The scope of this committee is to oversee requests for assistance letters from indigent persons sent to His Excellency, carry out an assessment on the claims of the letters, interface, interview the claimants, review and make recommendations on such requests which must fall within health challenges, mini-business assistance, education, household economic strengthening among others.

Community Asks Osun Govt to Improve Quality of Life

Yinka KolawoleinOsogbo

The people of ancient Igbotele village in Odo-Otin Local Government Area of Osun State yesterday pleaded with the state government to provide them with social amenities to improve the lives of the community dwellers.

When THISDAY spoke with some of the villagers, Temitope Yusuf, Muritala Yusuf and Zulaykoh Jamiu, they said basic amenities were not a luxury, but a necessity, calling for improved infrastructure necessary for their wellbeing and the continued prosperity of their community.

Zulaykoh, a housewife, lamented that despite the importance of Igbotele to the local economy, the village was deprived of essential social amenities.

She said: “The lack of potable water makes life challenging for us in this village, hindering our ability to thrive and sustaining our contribution to the state agricultural output.

Muritala, who is the Imam of the village, said, “It took the intervention of the Osun State Community and Social Development Agency to bring some relief to Igbotele village by building a borehole to tackle the persistent water scarcity.

Enugu Restates Commitment to Grassroots Sports Development

Gideon ArinzeinEnugu

The Enugu State Government has expressed commitment for the development of grass-roots sports in the state, as it remains a veritable tool for economic empowerment and social development. This is even as the government

announced that it would partner China Communications Construction Company, (CCCC) to host the 2024 Under-15 youth tournament for athletes across the 17 local government councils in the state.

Addressing journalists yesterday ahead of the tournament slated

for August 20- 25, 2024, the state

Commissioner for Youths and Sports, Lloyd Ekweremadu, said that sports development remains one of the major benchmarks of the administration of Governor Peter Mbah.

He explained that the governor recently signed the Enugu State

Sports Development Fund into law which allows for private sector participation in sports development in the state.

According to him, “The tournament will feature a total of 18 sports, including football, volleyball, Basketball, Boxing, Athletics, Cycling, Wrestling among other games.

Nigerian Economic Society Honours Green Energy Boss, Adegbulugbe

Sunday Okobi

The Governing Council of the Nigerian Economic Society (NES) has honoured the Chairman and Managing Director of Green Energy International Limited, Professor Anthony Adegbulugbe, with

a fellowship of the society.

Professor Adegbulugbe, who is the Chancellor of Joseph Ayo Babalola University (JABU), Ikeji-Arakeji in Osun State, is being honoured for his contributions to the economic profession and economic development process in Nigeria.

This was contained in a statement signed and made available to THISDAY by the President and Chairman of the NES Governing Council, Professor Adeola Adenikinju.

According to the statement, the conferment ceremony on

Professor Adegbulugbe will take place at the 65th annual conference of the Society in Abuja on September 2, 2024. The statement further noted that the Nigerian Economic Society is one of the oldest professional associations in Nigeria.

Laleye Dipo in Minna

Daji Sani inyola

Boniface Banned for Indecent Gesture, Fined N44.8m

Femi Solaja with agency report

Super Eagles’ and Bayer Leverkusen striker, Victor Boniface, has been handed a one-game suspension and a fine of $28,000 about N44.8m after being found guilty of unsportsmanlike conduct during his team’s last week’s Super Cup match against

VfB Stuttgart. The German Football Association (DFB) took the decision based on the incident that occurred a few moments after last week's match.

According to a statement from the DFB sports court, Boniface will be banned from participating in one DFB Cup match and fined

$28,000.

The punishment was issued after the DFB Control Committee charged the 23-year-old with “blatantly anti-sporting conduct.”

The incident in question involved Boniface allegedly making an obscene gesture raising his middle finger towards Stuttgart players as

he ran past them during post-match celebrations.

Referee Tobias Stieler, who officiated the game, confirmed that he did not witness the gesture, which allowed the DFB’s control committee to investigate further.

Although there is no video evidence to back up the claims

from Stuttgart players, the FA still deemed it necessary to allow the Nigerian international to go unpunished for his indecent act.

But the said incident led to heated exchange and tension among the players after the match.

The Nigerian international and his club, Bayer Leverkusen, have

MTN Unveils Top 20 Athletes to Inaugural Cohort of MoC Athletics Academy

Leading ICT company, MTN Nigeria, has further demonstrated its commitment to grassroots sports development by inducting 20 talented athletes into the Making of Champions (MoC) Athletics Academy. The induction took place during a press conference held at MTN Plaza, the company’s headquarters in Ikoyi, Lagos.

Selected from the top performers in MTN Champs Seasons 1 and 2, they will become the first cohort of Team MTN inducted into the Academy. As part of the company’s partnership with MoC, they will have access to world-class training facilities, expert coaching, and a comprehensive development programme during their oneyear residency at the Academy. It is designed to enhance their

skills and prepare them for international competitions such as the Commonwealth Games and the Olympics.

The MTN Champs initiative aims to nurture young athletes who demonstrate outstanding talent and potential across different categories in athletics, from track and field to shot put and jumping.

While expressing his excitement, the Chief Executive Officer, Karl Toriola, said “We are incredibly proud to welcome these 20 remarkable athletes into the MoC Athletics Academy. Their exceptional achievements and unwavering commitment to their sport is truly inspiring. The Academy will provide them with the support they need to reach full potential and make a significant impact in their

respective categories.”

“At MTN, our goal is to empower them with the resources they need to achieve greatness and inspire the next generation of athletes. Their induction into the Academy is a symbol of our collective journey. It’s a reflection of our commitment to supporting our athletes, and a recognition of the hard work and dedication that they put in every day. We look forward to the scores of medals they’re sure to win at future Olympic games," he said

MTN’s investment in this initiative reflects the company’s broader mission to foster athletic excellence and reignite interest in athletics in Nigeria. The programme has made a significant impact, with several athletes achieving notable successes,

Webber Gives the NIS Basketball Court a New Look

The week-long celebration of the Sports Week of the National Institute for Sports (NIS) took an exciting turn on Tuesday when the institute’s main basketball court was unveiled following a complete overhaul carried out by Nigerian sports equipment firm, Webber Engineering.

The event which was witnessed by the staff and students of the NIS and then friends of the institute marked the highlight of the day’s programme. The court had been in very poor shape over the years.

The Chief Executive Officer of Webber Engineering, Mr Opeyemi Babalola, told the gathering that even though he had noticed the facility was not in proper shape while serving as a corps member of the National

Youth Service, it got worse over the years.

He said, “My time here opened my eyes to the need of this place. I had then made up my mind that the game of basketball provided business and at the same time the opportunity to give back to the community.

“The question was how I could make an impact on the lives of kids here and even across Africa. And thank God I have been able to make my contribution across 15 African countries.

“I make this as a call of service for other people to give back after you leave here.”

The Director General of the Nigeria Institute for Sports, Prof Olawale Moronkola,

like Webber, called on other members of the society to help their communities in any way they can.

“Sports is a huge business and the government alone cannot do everything alone. Let’s take this challenge and replicate what Mr Babalola has done today in our ways. We cannot write the history of NIS without writing about Webber Hoops and Courts and what they did for this institute.

“This is also a challenge for us to look around this institution and fix whatever needs to be done gradually to make this place better. We may not be able to do all but those coming after us will have a platform to continue the work,” Moronkola said.

including representation at the recent 2024 Paris Olympic Games. Eight MTN CHAMPS Ambassadors competed across various events, with Chukwuebuka Enekwechi and Ruth Usoro reaching the finals in shot put and long jump, respectively. By grooming future Olympians, MTN is committed to playing a pivotal role in advancing sports and youth development in the country.

Modelled after Jamaica's successful secondary championships, MTN CHAMPS is a national track and field competition designed to identify and nurture Nigeria's future Olympic champions. Since its inception in 2023, MTN CHAMPS has unearthed exceptional talent across seven Nigerian cities: Benin, Uyo, Ibadan, Abuja, Asaba, Jos, and Calabar, with over 15,000 athletes from 900 schools participating in the first two seasons.

Football

Eleven-year-old rising Nigerian football star, Hedriel Chukwuziterem Opara, is attracting the attention of football coaches and scouts who have described him as the future Mbappe because of his natural talent.

Hedriel started playing football at the age of three with the renowned Pepsi Football Academy, Lagos before moving to Golden Feet Soccer Club London Ontario Canada where he became the club's Highest Goal Scorer.

At the age of 10, he joined Astra Soccer Academy’s U-13 team in Saskatoon Saskatchewan, and despite being a young boy, his skill and determination saw him

accepted the verdict, making the suspension and fine legally binding. The incident has sparked controversy, especially given Boniface’s rising reputation in Germany. Last season, he was named Rookie of the Year following a stellar debut campaign, which played a crucial role in Leverkusen’s historic Bundesliga triumph.

Boniface’s actions during the Super Cup have marred what was otherwise a celebratory moment for Leverkusen.

Enugu Govt Restates Commitment to Grassroots Sports Development

Gideon Arinze in Enugu

The Enugu State Government has said that it remains committed to the development of Grassroots Sports as it remains a veritable tool for economic empowerment and social development.

This is even as the government has announced that it will partner with China Communications Construction Company, (CCCC) to host the 2024 Under-15 youth tournament for athletes across the 17 local government councils in the state.

Addressing newsmen yesterday, ahead of the tournament, which is slated for 20- 25th August 2024, Commissioner for Youths and Sports, Lloyd Ekweremadu, said that sports development remains one of the major benchmarks of the administration of Governor Peter Mbah.

He explained that the governor recently signed the Enugu State Sports Development Fund into law which allows for private sector participation

in sports development in the state.

"The tournament will feature a total of 18 sports, including football, volleyball, Basketball, Boxing, Athletics, Cycling, and Wrestling among other games," he said. "The local government with the most medals across the sports will receive N1million while the second and third highest will receive N500,000 and N300,000 respectively, “. He further explained that a total of forty athletes were drawn from each of the local government areas in the state, adding that local governments were allowed to make their own selection from school and community sports competitions.

“We will partner with secondary schools to provide accommodation for the athletes, we are also working with the police to ensure that the accommodation environment and competition venues, including the Nnamdi Azikiwe Stadium, are secured because their security is important for us,” he said.

selected for the elite Tier 1 travel team and currently, he’s honing his craft with KC Trojan and Villarreal Alberta Academy, where his talent continues to soar.

The player who said his target is to represent Nigeria at the U-17 level and make his mark at the international stage, has been invited by Villarreal following his impressive performance at the just concluded Villarreal Alberta ID camp, led by Villarreal CF coach Rafael Borillo Fores from Spain.

And it's hoped that his sojourn with the Spanish team in September 2025 will further improve his playing skills and make him a future champion in the round leather game.

Senior Executives of MTN with all the athletes at the presentation ceremony in Lagos yesterday

Victor Boniface

Opara with his coach

Thursday, August 22, 2024

Nyesom Wike to Abuja Residents

“I called the mandate secretary of transport secretariat. I said who introduced the park and pay? What does it mean? Who collects the money? Unknown to us, there was an agreement between the secretariat and some people who say they are consultants. Consultants? I said ‘okay, consultant takes 80 percent, and the government takes 20 percent? Where is this 20 percent being paid to the government?”—FCTMinisterdeclaring the‘park-and-pay’schemeonAbujastreetsbeingenforcedbyaprivatecompanyillegal

olusegun AD e NIYI

olusegun.adeniyi@thisdaylive.com

NYSC and the UNICAL Bread Seller

It was the Joint Admissions and Matriculation Board (JAMB) that first alerted Nigerians that a number of tertiary institutions have been aiding candidates to falsify records for the National Youth Service Corps (NYSC) mobilisation. “The board has discovered widespread and unwholesome practices whereby some institutions were colluding with candidates to falsify vital records, such as backdated year of entry and subsequent age adjustments, to enable participation of fake candidates” in the NYSC scheme, JAMB Director of Admissions, Mohammed Bolaji, wrote in a letter to vice-chancellors, provosts and registrars of tertiary institutions in the country. Then the NYSC authorities announced that the University of Calabar had mobilised more than a hundred fake graduates during the 2021, 2022 and 2023 Service Years. One happened to be a ‘bread seller’ who did not attend the university.

First, let me join the NYSC Director General, Brigadier General Ahmed in commending the Vice-Chancellor of the University of Calabar, Professor Florence Obi, for her integrity on this issue. “It should be noted that it was the university management that exposed this criminal act and brought it to the attention of NYSC and other organisations, and not the other way round,” according to the university’s Registrar, Mr Gabriel Egbe who explained how it all started in September 2023, following discrepancies found on the list of graduates forwarded to the NYSC headquarters. “Not having these names in our graduation or mobilisation list clearly means that their certificates purportedly from our university are also fake.”

In October 2023, the University wrote to alert the NYSC and the Independent Corrupt Practices Commission (ICPC) about its findings, seeking the arrest and prosecution of 11 ‘corps members’ who were, as of then, identified as impostors. The university also set up a committee to further investigate the matter, according to Egbe. It was this committee that discovered 167 fresh cases of criminal infiltration of the portal, making a total of 178 fake graduates. Meanwhile, the university was regularly briefing both the NYSC authorities and the ICPC of developments.

On this matter, authorities at the University of Calabar have taken the correct steps. The Data Entry Officer has been suspended and is currently under investigation by ICPC. We hope that the investigation will lead to the prosecution and conviction of all culprits involved. But there is need for a thorough house-cleaning. Not only by the University of Calabar but also by the entire educational sector in the country that has for long been associated with numerous unwholesome practices. That nobody is sure of the genuineness of the certificate being paraded by public office holders in our country is already becoming a problem for honest Nigerians at home and abroad. We are all tarred with the same brush due to the antics of a few unscrupulous individuals and their collaborators within the system.

In May this year, a monarch-elect in Ekiti State was sent to police detention by a Federal High Court sitting in Akure, Ondo State capital, over certificate forgery allegations. According to the charge sheet, the 48-year-old defendant was arraigned on

a two-count charge of forging a certificate from the University of Ibadan with which he secured a job at the University Teaching Hospital, Ado-Ekiti in 2008. The Kabiyesito-be was also accused of forging his NYSC discharge certificate. So, the man who has been elected to be the custodian of culture and tradition of a community forged both University and NYSC discharge certificates to secure a job that would, 16 years later, make him eligible for the throne!

In November 2021, Mr Chima Igwe was arraigned by the ICPC. He had become the acting director-general of the Federal Institute of Industrial Research Oshodi (FIIRO) by presenting a forged PhD certificate, an ICPC investigator, Vera Esideme, told the Ikeja Special Offence court. “He did not actually obtain the certificate which he presented to FIIRO in 2002 which he used in getting to a level of a director and which also gave him the privilege of even being an acting DG of FIIRO,” Ms Esideme told the court in a long-running drama marred by politics.

In 2015, the Federal Ministry of Health (FMoH) announced they had detected a fake medical doctor who had not only worked for nine years but had risen to Grade Level 13 in the ministry. The impostor had in fact worked in the Departments of Hospital Services and Health Planning Research and Statistics (HPRS) before he was eventually detected. According to the Permanent Secretary in the ministry, “Mr. Martins Ugwu Okpe who hails from Ogbadibo Local Council of Benue State got himself employed fraudulently using the stolen documents of his childhood friend and best man, Dr. George Davidson Daniel.” The statement from the ministry added: “Mr. Martins Ugwu Okpe was offered appointment by the commission on 30 August 2006 and was posted to the Federal Ministry of Health in September same year.”

The list of those who have risen to the top in various areas of our national life by presenting forged credentials is quite long. And the problem is compounded by ill-digested policies that are reeled out

without considering their implications. With the recent decision by the federal government to set the minimum age for university admissions at 18 years, most of the students that entered schools five years ago are likely to complete their education before that age. Yet, at age 17, Oluwafemi Ositade recently secured admission with full scholarships to multiple Ivy League universities in the United States, including Harvard. Ositade, who achieved a perfect score in Mathematics (800/800) and a score of 760 out of 800 in reading and writing in the SAT examinations had also scored 358 and ranked the second best in the 2023 Unified Tertiary Matriculation Examination (UTME) in Nigeria.

So, the obsession about the minimum age for university admission is as misplaced as other decisions of the current administration like reverting to the old national anthem. But the real concern now is that the policy on minimum age for university admission may already be pushing some Nigerians into forgery. JAMB has revealed “an alarming avalanche of obviously false affidavits and an upsurge of doctored upward age adjustments on NIN slips being submitted to upgrade recorded age” by students because of this policy. In as much as one should not excuse fraud of any kind, public officials can also not continue to dish out reckless policies without considering their implications.

At the annual teens career conference of my church, The Everlasting Arms Parish (TEAP) of the RCCG last Saturday, former Cross River State Governor, Mr Donald Duke alluded to this when he said: “Politics could be the most elevating vocation but a lot of quacks are involved in it, so they have brought it down to the lowest level. When politics is right, it elevates everything. It elevates medicine. It elevates your livelihood.”

Underlining the danger that impostors pose to the system, a former Chief Justice of Nigeria, Justice Mahmud Mohammed, lamented in April 2015 that “judges find it difficult to identify which counsel, appearing before them, is genuine or otherwise.”

Although he was speaking at the inauguration of the special identification stamp for lawyers by the Nigerian Bar Association (NBA), Justice Mohammed added: “Of even greater concern is the fact that members of the public are often left in a quandary over who they can place their trust, property

and even lives in.”

When a society degenerates to that level, there is a serious problem. In his book, ‘Corruption and the Crisis of Values’ published in 2022, Daniel Agbiboa, an Assistant Professor of African and African American Studies at Harvard University, wrote that “while corruption exists in all polities, the form it takes, its extent, and its political and socio-economic functions vary enormously across time and place.” When people talk about corruption in Nigeria, he argues, what they often ignore is that it goes beyond paying and receiving bribes which are in themselves a consequence of the crisis of values in everyday life. The real challenge now is the absence of institutional integrity. And we must begin to deal with it.

In Nigeria today, our most sacrosanct institutions have been invaded by a national culture of fraud. In religion, charlatans have crowned themselves Pastors, Bishops, Imams, General Overseers etc. In the judiciary, judges can’t tell who a real counsel is. In the hospitals, patients are at the mercy of fake doctors and pharmacists whose prescriptions are often fatal. In the construction industry, quacks have taken over, causing buildings to collapse after mere drizzle. In academia, illiterates parade all manner of titles with which they disseminate ignorance to unsuspecting students, in a manner similar to what one of my favourite comedians, ‘Brain Jotter’ does in his ‘classroom’. However, the wellspring seems to be the political realm. Our leadership selection process at the party level settles for ‘anything’ and ‘anyhow’! We have ended up getting the public to elect crooks and fraudsters to critical offices in the land. In a moral no-man’s-land with neither standards nor measures, the present world of universal fraud appears logical. But we cannot continue like this. The basic institutions of society must reverse course through the kind of investigation that the University of Calabar initiated. Punishment for offenders must be unsparing and stiff. Proven fraudsters must be stripped of ill-gotten gains in addition to being jailed and disgraced.

Institutions, including universities, the NYSC, law schools, and professional associations must now embark on self-audits to fish out fraudulent practitioners. Above all, our political parties must adopt a more thorough leadership selection process.

The Fuel Subsidy Palaver

In a statement he personally signed on 20th May 2016, titled ‘Ending price fixing, the making of economic sense’, President Bola Tinubu (then in his capacity as the All Progressives Congress National Leader) said Nigeria had for decades operated an opaque oil sector susceptible to manipulations and structured in a way that allowed only a few people to feed fat on the misery of the people. “President (Muhammadu) Buhari, after carefully weighing the options, decided to do what is right. In an act of courage, he removed the oil subsidy, thereby freeing the downstream component of this strategic sector of the economy from the distortions of price fixing,” Tinubu wrote at a period Nigerians were first made to believe

“subsidy was gone,” by the APC propaganda machine. Given his position on the issue, I was not surprised that Tinubu would proclaim “subsidy is gone” during his inauguration speech on May 29 last year. But the moment the Naira was floated against the dollar and our national currency started dancing Buga, many of us knew that subsidy was back with a bang, despite all the misleading statements by government operatives. As it was in the past, the federal government covered up by allowing the Nigeria National Petroleum Corporation Limited (NNPCL) to run the show in a manner that leaves little or no room for transparency and accountability... NOTE: Piece concluded online

minister of

Prof. Tahir mamman