WEDNESDAY 18TH SEPTEMBER 2024

Danjuma: No More Excuses for Insecurity, Service Chiefs Must End the Pandemic Now

Chuks Okocha and Linus Aleke in Abuja

A former Chief of

Staff (COAS), Lt. Gen. Theophilus Danjuma, yesterday, tasked the

Lessons from My military Service," authored by Maj. Gen.

Solomon Udounwa (rtd).

Danjuma, who was chairman of the occasion, extolled the virtues of the author and his commitment to excellence in his military career. "Number one problem today is

security. We must end the pandemic, stop the killings that are going on in our country as soon as possible. Those of you who are still serving,

www.thisdaylive.com

THISDAY/WIKE SETTLE LIBEL SUIT...

L-R: Chief Gbola Akinola, SAN, of The Law Union; Chief of Staff to the President, Femi Gbajabiamila; FCT Minister, Nyesom Wike; Chairman & Editor-in-Chief, THISDAY Newspaper/ARISE News Group, Prince Nduka Obaigbena; and Chairman, House of Representatives Committee on Defence, Honorable Babajimi Benson, during the settlement meeting in Abuja… yesterday

Edo’s Three Horse Race:

How the Candidates Stand

Asue Ighodalo

Olumide

A MOMENTOUS DAY FOR NIGERIA...

Rewane: It Would be Suicidal for Dangote

Refinery to Sell Fuel Below Cost Price

Urges Nigerians not to be carried away by false expectations CPPE’s Yusuf says NNPC’s ‘dramatisation’ of petrol prices concerning

Emmanuel Addeh

Renowned economist and Managing Director of Financial Derivatives Company (FDC) Limited, Bismarck Rewane, yesterday maintained that it would be suicidal for the Dangote Refinery to sell petrol below its production cost.

Speaking on Channels Television, Rewane argued that the Dangote refinery or any refinery for that matter, remain in business to make a profit.

Rewane emphasised that Dangote will only produce at a price point where its marginal cost equals its marginal revenue and will not sell below cost, explaining that otherwise, the company would have its operations grounded.

“What Dangote Refinery is assuring the country is quality and quantity but that pricing is not necessarily in the hands of Dangote Refinery but in the hands of the market.

“The market determines the price including the global crude price, guaranteed margin and the cost of processing. It’s as simple as that. Nobody goes into business to sell below its cost price, that is suicide.

“I think we should get that, rather than be carried away by false expectations. Yes, it’s good to know that the petrol is being lifted, it is a milestone from our own refineries which we had before.

“But now, we have the largest single-train refinery in the world. We have it as a result of the initiative of Alhaji Dangote, but now it is business time,” he asserted.

Rewane also said the August inflation figure which showed a decline was not sustainable, explaining that the petrol price increase hadn’t hap-

pened at the time the computation was done.

“I think one thing we have to put out there so that everybody knows this is that inflation data happened at a period before the petrol price increase and the data was taken at the time of the protests.

“So, we saw prices of perishable commodities decline, and we did not feel the impact of the increase in petrol prices. It is good news but we shouldn’t get too excited because the September data is beginning to point to the fact that more likely than not, we are going to have an increase in the price level so that’s what we’re going to see in September.

“Our forecast and our view is that moderation in inflation is going to be more visible at the end of the year rather than at this time. We had expected it in September but now it’s more likely to happen in December.

It is short-lived because it happened in between protests and petrol price increase,” Rewane maintained.

Also, an economist, Muda Yusuf, has described as worrisome, the “dramatisation” of petrol prices between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC), arguing that the drama could scare investors away and affect public perception of the new alternative.

“I’m worried about the ‘dramatisation’ of the cost the NNPC is buying from Dangote. Coming to the public space to exchange the things we’re hearing, I don’t think it’s good for the economy, it’s not good for our perception and it’s not good for investors’ confidence,” Yusuf stressed.

He said that Nigeria can’t walk away from the issue of petrol subsidy

removal yet because of the low social safety net for the poor and vulnerable in the country.

Yusuf, who is the Managing Director of the Centre for the Promotion of Private Enterprise (CPPE), said even after the presidential statement on May 29, 2023, that the subsidy was gone, the NNPC admitted to shouldering cost differentials with imported petroleum products.

“We cannot walk away so

quickly from this problem of subsidy otherwise it would make life extremely difficult. Things are already very difficult. Up until now the NNPC was subsidising, although progressively the level of subsidy is being reduced which is fine.

“But to talk of a complete deregulation of the whole system in an economy without a social safety net will not be appropriate at all,” he explained.

He stated that the citizens were economically overstretched, adding that the hike in the pump prices of petrol had made the situation worse.

“The economy is about human beings and we need to recognise that because we are driving the citizens almost to their limits,” the economist said.

According to him, total deregulation is not possible in a country like Nigeria which doesn’t have a safety

net for the citizens to fall back on. He further proposed that the government reduce the demand for imported products through import substitution across all sectors of the economy.

“If we’re able to move that pressure away, it will have a significant impact on the exchange rate. If progressively we can look inward and reduce import we’ll be making progress,” he stressed.

Food Security: Mrs Tinubu Launches Young Farmers

Club

Says agriculture remains backbone of the nation

Deji Elumoye

Wife of the president, Senator Oluremi Tinubu, yesterday, launched the Young Farmers Club, Nigeria, an initiative of her pet project, Renewed Hope Initiative (RHI), in collaboration with the Federal Ministry of Agriculture and Food Security.

During the launch held at State House Conference Centre, Abuja, the first lady performed a symbolic presentation of membership cards, handbooks, and farming implements to pupils from various schools in the Federal Capital Territory (FCT). She said the Young Farmers Club, Nigeria, aimed to revive Nigeria's indigenous occupation of farming, create employment opportunities, diversify the economy, and ensure food security.

Mrs. Tinubu stated that agriculture had always been the backbone of Nigeria's economy and could be

revived and scaled up with modern techniques and mechanisation.

She reminisced about the country’s agricultural history, referencing the groundnut pyramids, cotton plantations, palm oil cultivation, cocoa, and rubber plantations that once thrived in different parts of the country.

According to her, "Today, the launch of the Renewed Hope Initiative’s Young Farmers Club Nigeria, in collaboration with the Federal Ministry of Agriculture and Food Security, awakens in me a nostalgic feeling of hard work and productivity as a noble virtue.

“The song we just heard essentially means that our land is known for farming, anyone who does not work will steal, and that education without farming is incomplete.

“It encourages us to revive our indigenous occupation, which is farming. It is this spirit of hard

work and productivity that we seek to rekindle today with the launch of the Young Farmers Club Nigeria.”

Employing anecdotes from other lands to buttress her point, Mrs. Tinubu stated, “Thomas Jefferson, the third President of the United States of America and one of the founding fathers, once said ‘agriculture is the wisest pursuit because it will, in the end, contribute most to real wealth, good morals and happiness’.

“Agriculture has always been the backbone of our nation. From time past, we have tilled the land with our hands and hearts to the present, where agriculture continues to be a crucial part of our daily lives and economy.

“It is clear that farming is not just an occupation, it is a way of life, which can create employment opportunities for our teeming young population, help diversify the

Fuel Supply: Clark Hails Dangote, Tasks Tinubu On Modular Refineries

Sunday Aborisade

Elder statesman, Chief Edwin Clark, has congratulated foremost billionaire industrialist, Alhaji Aliko Dangote, on the successful completion of the Dangote Refinery, rollout of petrol, and commencement of supply to the entire country. Clark, who is National Leader of Pan Niger Delta Forum (PANDEF), gave the commendation in a statement made available to journalists yesterday in Abuja.

The prominent Ijaw leader said it was clear to all Nigerians that

Dangote’s pioneering spirit and commitment to innovation had once again positioned Nigeria on the global stage.

He urged President Bola Tinubu to support modular refineries in the Niger Delta so that they would complement that of Dangote. Clark said the issue of petroleum products pricing should also be urgently resolved in favour of Nigerians who, he stated, should not be suffering over their country’s natural resources.

He added, “At my age, I am unable to go physically to visit the refinery.

However, going by all the information, the impact of this project on our nation's energy security, employment, and economic development will be felt for generations to come.

“There is no doubt that this significant milestone will greatly boost the Nigerian economy by increasing domestic production, reducing reliance on imports, and creating thousands of jobs for our young people.

“If things go well, as we are told, the shame and pain of long queues at filling stations will soon become a thing of the past.

“Even as I wait for Aliko Dangote

to establish a similar presence through projects in the Niger Delta, I also take this avenue to commend him for his continued works of philanthropy, including the distribution of rice to all parts of Nigeria.

“I urge all other entrepreneurs like him to show similar commitment to our national development and upliftment of our people.”

The PANDEF leader further stated, “Let me also extend my congratulations to President Bola Ahmed Tinubu under whose leadership this remarkable achievement has been realised.

“I urge Mr. President to continue supporting this laudable effort and all similar projects in the national oil and gas industry.

“There must be regular access to enough crude oil to service this 650, 000 barrels per day refinery and all other new ones.

“In addition to this, the regime of pricing must not inflict more suffering on Nigerians.

“In most countries of the world, certain goods which they produce are easily affordable to their citizens.

President Tinubu, this must not be different here in Nigeria.”

economy and put food on our tables.

“As I reminisce, I remember the groundnut pyramids and cotton plantations in the north, palm oil cultivation in the east, cocoa and rubber plantations in the west and the southern part of Nigeria. I believe all of these can be resuscitated and scaled up with modern techniques and mechanisation.”

Mrs. Tinubu said the club would start with 12 pilot schools in the FCT, comprising upper primary and junior secondary school students, adding that each member has been provided with a club uniform, watering cans, and hoes, courtesy of the Renewed Hope Initiative.

She stated, "The Federal Ministry of Agriculture and Food Security has made financial provisions to scale up the club nationwide, and interested schools can register with their state's first lady for necessary support.

"Federal Capital Territory to kickstart the club nationwide. We have chosen 12 schools today, comprising of pupils in upper primary schools and students in junior secondary schools.

“Each member is proudly kitted in their club uniform and has been provided with the watering cans and hoes as starter tools, with all expenses paid for by the Renewed Hope Initiative. This is to serve as a model to each interested state to follow and adopt in implementing this programme.

“We will be providing each state with two samples of the uniform and the farming implements. Therefore, interested schools nationwide should register with the first ladies of their respective states.

L-R: Vice Presidents, Dangote Industries Limited, Mr. Olakunle Alake and Devakumar Edwin; Minister of Finance and Coordinating Minister for the Economy, Mr. Olawale Edun; Chairman, MRS Oil Nigeria Plc, Alhaji Sayyu Dantata; and Chairman/CEO, Federal Inland Revenue Service, Mr. Zacch Adedeji, during a visit to Dangote Refinery in Lagos... last Sunday

AT

THE ALI SHERRIF PRIMARY SCHOOL CAMP FOR INTERNALLY DISPLACED PERSONS...

Abdulsalami Abubakar: Hardship in Nigeria Getting Out of Control

Says palliatives not solution to high food prices

Report

reveals

how governors are confronting challenges in states Idris advises Nigerians to embrace FG's intervention programmes

Former military Head of State, General Abdulsalami Abubakar, yesterday, took a critical look at the living condition of most Nigerians and concluded that "the hardship in the land is getting out of control".

However, as Nigeria grapples with the challenge of food insecurity, governors of the 36 states have responded with unique strategies tailored to their specific agricultural strengths and vulnerabilities.

Minister of Information and National Orientation, Mohammed Idris, urged Nigerians to take full advantage of the various intervention programmes introduced by the federal government, to overcome the current economic hardship.

Abdulsalami spoke in Minna, the Niger State capital, when he received the leadership of the Campaign for Democracy (CD), led by Abdullahi Mohammed Jabi, who paid him a birthday visit.

The CD delegation had asked him to prevail on President Bola Tinubu to find solution to the hunger in the land.

The former head of state lamented, "Everybody is crying of this hardship and it seems to be getting out of control. People cannot afford three square meals, the issue of transportation, the hike in fuel price, the hike in school fees for the children and the lack of funds in everybody's pocket is making life difficult for everybody."

Abdulsalami declared, "We will continue to encourage the government to introduce measures to soften the hardship."

He added that "the federal, states and local governments should see how they can cushion this economic hardship".

The former ruler said he belonged to a forum that had made recommendations to the federal government on the way out of the economic hardship in the land.

He stated, "I would like to inform you that in some of the proposals we have given to the government on another platform, giving palliatives is not the answer" to the high prices of food and other items in the country.

Abdulsalami said, "There is a need for government to flood and saturate the communities with food, let them (government) buy food and sell at lesser prices to the people so that people will try to buy some of these food items depending on their pockets/ income

"We have passed these recommendations to the government, we hope they will implement it."

On the planned #Endbadgovernance protest slated for October 1, Abdulsalami appealed to Nigerians, "For God’s sake when you demonstrate do it peacefully," recalling that in the last demonstration, "We saw unnecessary, uncalled for carnage, theft and criminalities."

According to him, "People, instead of demonstrating, went about looting even private houses, private individuals suffered in the hands of the demonstrators.

"If at all we are going to demonstrate let us know this is why we are demonstrating, let us not inflict hardship on fellow Nigerians."

Abdulsalami said the government should listen to the demonstrators, stressing,"You cannot beat a child and prevent it from crying."

Earlier, the leader of the delegation said they were at his former head of state’s residence to rejoice with him on his birthday. They prayed for long life and good health for him.

Jabi solicited the support of the former Nigerian leader for the implementation of some of its programmes, especially in the area of mobilisation of Nigerians for active participation in governance.

He drew the attention of their host to the prevailing hunger in the land and urged him to help prevail on the federal government to solve the problem.

In the meantime, governors of the 36 states devised strategies for tackling the food insecurity in the country.

From the drought-prone states of the north to the floodplains of the south, state governments, in collaboration with federal authorities and international organisations, were making concerted efforts to combat hunger and improve agricultural productivity.

In a document signed by Head of Information and Publications of the Nigeria Governors’ Forum (NGF), Halima Ahmed, in the North-west, known for its vast expanse of arable land, states like Kano, Jigawa, Zamfara, and Sokoto, focused on bolstering the production of staple crops, such as rice, millet, and sorghum.

Through the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme, which had since been suspended, thousands of smallholder farmers were said to have received financial support and inputs to scale up their production. For instance, for Kano State, often

referred to as the "commercial nerve centre of agriculture," the main policy thrust was to attain food security and raise the income level of residents of the state.

For agriculture, the report revealed that the administration of Abba Yusuf was working round the clock to transform all farming practices and build a practical agric-value-chain to the benefit of all.

The effort included development of Kano irrigation masterplan, Kano livestock masterplan, Kano poultry masterplan, Kano Small ruminant masterplan, and Kano fisheries masterplan.

Others were the distribution of agricultural inputs, such as improved seeds of rice, maize, and sorghum, to subsistence farmers across the 44 local government areas of the state.

The report highlighted the rehabilitation of Tertiary Irrigation Canals, with 3,288 farmers as beneficiaries, at the cost of N292 million, and introduction of Special Agro-Industrial Processing Zone programme (SAPZ) by the African Development Bank worth $130 million to promote the production of rice, tomato, groundnut, and sesame seed.

Furthermore, the report revealed that with rice production initiatives that involved expanding irrigation systems with water resources from the Tiga and Challawa dams, farmers could cultivate rice during both the rainy and dry seasons.

Additionally, Zamfara State

invested in mechanised farming and fertiliser distribution to boost yield while addressing post-harvest losses.

The Jigawa State government embarked on a journey to Kigali earlier this month, leading a delegation to attend the National Food Systems Summit 2024 for food sovereignty and enhancing agricultural resilience.

The government reiterated its commitment to the current administration’s 12-point agenda, with as the mainstay.

Central to this agenda were the rice millionaire project, the wheat project, and special agro-processing zones.

The projects were all geared towards accelerating agricultural transformation. Jigawa also partnered the federal government on the spin project.

However, the North-west also faced challenges, with recurring conflicts between herders and farmers, threatening food production. To address this, the federal government introduced peacebuilding programmes and grazing reserves aimed at reducing tensions and protecting farmland.

According to the report, the North-east, ravaged by a decade-long insurgency, has struggled to maintain food production levels. States like Borno, Yobe, and Adamawa had been hit hardest by food insecurity, as ongoing conflict displaced millions of farmers and destroyed farmlands.

In response, Borno State Government, alongside international organisations, like United Nations

Food and Agriculture Organisation (FAO) and World Food Programme (WFP), initiated several programmes to restore farming activities in safe areas.

FAO’s “Green Shoots” project, for example, provided displaced farmers with seeds, tools, and training to rebuild their agricultural livelihoods.

Additionally, Yobe State invested in climate-smart agriculture, introducing drought-resistant crops, like cowpeas and millet, to adapt to changing weather patterns.

The report said, however, “Despite these efforts, the North-east continues to face an acute food crisis, and humanitarian organisations remain critical in delivering emergency food aid to vulnerable populations.

“The North-central region, comprising states like Benue, Niger, Kwara, Kogi and Nasarawa remains, the agricultural heartland of Nigeria.”

Often referred to as the country’s “food basket”, Benue, in particular, is known for its abundant production of yam, cassava, and maize, which feed a significant portion of the country.

Kwara State made bold strides to transform its agricultural sector into a key economic driver. The state government, committed to revitalising agriculture, led efforts to attract international investment and modernise farming practices – with a focus on bolstering support for farmers, upgrading infrastructure and enhancing security to facilitate substantial agricultural growth.

Kwara State invested in processing plants for cashew and cassava and initiated a large-scale industrial park covering over 300,000 hectares. Also, 20 hectares of seed cotton and ginnery were farmed. All these were to boost the agricultural production of the state, and enhance the livelihood of citizens.

In the South-west, states like Oyo, Ogun, and Ekiti turned to technology to improve agricultural productivity, the report said.

Oyo State Government, in partnership with private tech firms, introduced drone technology for precision farming, allowing farmers to monitor crop health, detect pests, and optimise irrigation.

In Ogun State, the Dapo Abiodun government launched the harvest of the 200-hectare rice farm at Magboro in Obafemi Owode Local Government Area of the state.

In just three months, the farm cluster yielded 1,400 tonnes of rice. This, according to the report, was projected to bring in N1 billion in revenue every three months. The project would now be scaled up to guarantee revenue in the region of N10 billion-N25 billion.

The World Bank-assisted project meant to ensure the increased participation of the private sector in the economic development of the Gateway State, was the brainchild of the Ogun State Economic Transformation Project.

Continues online

Deji Elumoye in Abuja Vice President Kashim Shettima yesterday, underscored the crucial role the Nigerian capital market must play in the realisation of the target of the President Bola Tinubu administration to create a trillion-dollar economy.

According to him: “We are now in a knowledge-driven age; without the skill set, we cannot make much progress. The capital market has a very prominent role to play in pushing us to the one trillion-dollar economy. With your intellect, experience, and the quality of your membership that counts - not in numbers - we can

achieve our objective.”

Shettima, who stated this when he received on a courtesy visit to the State House, Abuja, executive members of the Association of Capital Market Academics of Nigeria (ACMAN) led by its President, Prof. Uche Uwaleke, lauded efforts of capital market experts, emphasised the significance of their contributions to ongoing interventions to transform the nation's economy. He said, “We have the skill set, the people, but what matters is the leadership that will push us to cross the Rubicon. We need your association to work with us to come up with robust solutions to our nation’s needs.

“Wherever Nigeria goes, that’s where Africa will go. So, we have that moral burden to make this continent work. That is why I am pleased with your partnership and support for our administration.”

Earlier, ACMAN President, Uwaleke, said they were at the Presidential Villa to give the association's support to the reforms of the President Bola Ahmed Tinubu administration in areas of fiscal policy. He explained that the association, comprising professors and senior academics from Nigerian universities specialising in financial market research, has taken steps to strengthen

the bond between academia and industry.

"Today, the association welcomes captains of industry to strengthen the bond between the town and the gown," Uwaleke explained. In a move that signifies the growing importance of academic input in national economic policies, ACMAN conferred its highest membership status on Shettima.

"The second objective is to confer on His Excellency, Vice President Kashim Shettima, the highest membership status of the association - Fellowship of Capital Market Academics," Uwaleke announced.

L-R: Director General, National Emergency Management Agency (NEMA) Mrs Zubaida Umar, Senate Chief Whip Senator Mohammed Monguno, Governor of Borno State, Prof. Babagana Umara Zulum and Chairman, Senate Committee on Special Duties, Senator Kaka Shehu at the Ali Sherrif Primary School Camp for Internally Displaced Persons affected by the recent Maiduguri flood on Monday

Laleye Dipo in Minna, Chuks Okocha in Abuja and Emmanuel UgwuNwogo in Umuahia

SIGNING OF N40BN TO REVITALISE MORIBUND SUNRISE FLOUR...

L-R: Commissioner for Agriculture and Agro-Industrialisation, Enugu State, Patrick Ubru; Commissioner for Trade, Investment, and Industry, Adaora Chukwu; Attorney General and Commissioner for Justice, Kingsley Udeh; Governor of Enugu State, Dr. Peter Mbah; Chairman, Jelfah Group, Moses Saromi; Technical Assistant to Jelfah Chairman,

during the signing of a N40bn Sunrise Flour Mills, Enugu, revitalisation deal at the Government House, Enugu... yesterday.

and the

FAAC Shares N1.2tn as Federation Account Grosses N2.278tn in August

Cost of collection, transfers, interventions and refunds gulp N1.075tn

Ndubuisi Francis in Abuja

The Federation Account Allocation Committee (FAAC), yesterday, disbursed a total sum of N 1.203 trillion to the three tiers of government from the August 2024 federation accounts revenue.

The amount was about N1.075

trillion less than the gross total of N2.278 trillion, which accrued to the federation account in August. Total deduction for cost of collection was N81.975 billion, while total transfers, interventions and refunds accounted for N992.617 billion, bringing aggregate deductions to N1.075 trillion.

Citing a communique issued after the FAAC meeting in Abuja, a statement from the Office of the Accountant General of the Federation (OAGF) disclosed that the N1.203 trillion total distributable revenue comprised distributable statutory revenue of N186.636 billion, distributable Value Added

FG Faults Foreign Data on Nigeria's Economy

Oghenevwede Ohwovoriole in Abuja

The federal government has queried the methodology used by foreign agencies to generate economic indices for Nigeria. Minister of Budget and Economic Planning, Abubakar Bagudu, expressed this on Tuesday in Abuja during the launch of "African Youth Employment Clock", a project executed by Master Card, in partnership with World Data Lab, and the Ministry of Budget and Economic Planning.

Bagudu said Nigeria had to be involved in the collation of economic data so that the country could fully understand how the data was collated and tell the world about its own industrious citizens.

According to him, foreign agencies do not tell good stories about the country's hard-working citizens when collating their economic data.

Bagudu stated, "Sometimes a data set may not reveal all. For example, how do I communicate to the world that in my country, Nigeria, there are hardworking people, that a woman in Ogbia, Taraba, or in Borno is willing to wake up as early as

4am to give her efforts. How do I also communicate to the world that I also have young ones that all they are looking for is an opportunity that is available to others because they don't want to be a nuisance to the world?

"Sometimes the way data is generated; particularly by some officials of international bodies, misses that out. And I gave an example; credit rating agencies.

"An African finance minister that expressed that for nine years, he has been trying to understand methodology so that he can also ensure that they meet the criteria such that they can access credit or access financial resources cheaper like other countries in the Western world are doing. So that's what I meant by data imperialism.

"Once we are not involved; we don't understand the methodology to know how the data was collated. But the bottom-line is, how does this data reveal who we are?"

The minister appreciated MasterCard Foundation and the World Data Lab for their contributions to government’s effort to reduce unemployment in the country and the African continent.

He said, "We appreciate what MasterCard Foundation is doing.

The Ministry of Budget and Economic Planning engaged with MasterCard Foundation; we registered them and we have been following what they've been doing and all the laudable programmes they've been doing to create employment within Nigeria and the wider African continent.

Tax (VAT) revenue of N533.895 billion, Electronic Money Transfer Levy (EMTL) revenue of N15.017 billion, and Exchange Difference revenue of N468.245 billion.

A major highlight of the federation account revenue In August was a decrease in Oil and Gas Royalty, Petroleum Profit Tax (PPT), Value Added Tax (VAT), Import and Excise Duties, Electronic Money Transfer Levy (EMTL), CET Levies, and Companies Income Tax (CIT).

Gross statutory revenue of N1.221 trillion received for the month of August 2024 was lower than the sum of N1.387 trillion posted in the month of July 2024 by N165.994 billion.

The statement said, "Gross revenue of N573.341 billion was available from Value Added Tax (VAT) in August 2024. This was lower than the N625.329 billion available in the month of July 2024 by N51.988 billion.

"The communiqué stated that from the N1.203 trillion total distributable revenue, the federal government received total sum of N374.925 billion and the state governments received total sum of N422.861 billion.

"The local government councils received total sum of N306.533 billion and a total sum of N99.474 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue."

It added that of the N186.636 billion distributable statutory revenue, the federal government received N71.624 billion, states received N36.329 billion, while local government councils got N28.008 billion.

The sum of N50.675 billion, representing 13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

From the N533.895 billion distribut-

VAT

the

ment received N80.084

states received N266.948 billion, while the local government councils received N186.863 billion, the statement said. It revealed that a total sum of N2.252 billion was received by the federal government from the N15.017 billion Electronic Money Transfer Levy (EMTL), states got N7.509 billion, while the local government councils received N5.256 billion. Likewise, from the N468.245 billion Exchange Difference revenue,

the Excess Crude Account (ECA) remained $473,754.57.

LOC Begins Mobilisation for Africa Digital Economy Summit in Brazil

The Local Organising Committee (LOC) of the forthcoming Africa Digital Economy Summit (AFRIDES) said on Tuesday that the event would provide a fertile ground for a broad spectrum of stakeholders. These included heads of governments and policymakers, among others, who would synergise towards maximising the potential and sustainability of Africa’s vital digital

economy infrastructure.

Head, LOC of AFRDES in Nigeria and Co-Chair, G20/T20 Africa Digital Economy Summit, Kelvin Jiraji, made the assertion while briefing journalists in Abuja.

Jiraji said the summit would also help in developing and strengthening existing and new opportunities for networking, promote industry awareness and advocacy, as well as provide support for public and

Misinformation, Disinformation Threats: Nigeria Canvasses Collaboration with China

The federal government has called for partnership with the China Media Group (CMG) to tackle the growing threat of misinformation and disinformation by leveraging modern communication channels available in both nations.

The Minister of Information and National Orientation, Alhaji Mohammed Idris, made the call on Tuesday in Abuja, while speaking at an event organised by CMG to celebrate the 75th anniversary of the founding of the Republic of China, with the theme "Written in the Sky: My China Story".

The minister, represented by the Director of Public Relations and Pro-

tocol in the Ministry of Information, Suleiman Haruna, noted the initiative by CMG represents a significant effort to strengthen the bonds between Nigeria and China; through cultural and linguistic exchange.

He said: “It is a great honour to attend this special release ceremony of the global solicitation results, organised by China Media Group, under the theme "Written in the Sky: My China Story.

"This initiative represents a significant effort to strengthen the bonds between Nigeria and China through cultural and linguistic exchange, while leveraging the modern communication channels available in both nations.

"The role of media outlets in guiding society is both vital and

far- reaching. They promote mutual understanding, foster progress, and contribute to the advancement of societal, economic, and cultural domains.

"In this context, I would like to commend China Media Group for its dedication to delivering accurate news and producing programs that positively influence the development of both Nigeria and China."

"However, it is crucial to maintain balance in news reporting, when showcasing national progress and achievements. It is also essential to create content that inspires hope and drives aspirations for future growth.”

He added that: “In today's world, advances in technology have made it possible to deliver credible and

timely news to millions of people, even across vast distances.

"While these advancements present us with tremendous opportunities, they also bring challenges, especially the growing threat of misinformation and disinformation. We must work together to tackle this issue and, ideally, eliminate it.

"In this spirit of cooperation, Nigeria and China have already made significant strides. During the recently concluded Forum of China- Africa Cooperation (FOCAC), our two nations signed many agreements to enhance our bilateral relations. Some of these agreements are on media exchange and collaboration; these directly relate to our partnership with the China Media Group.

private sector national and sub-national digital economy and transformation interventions.

Jiraji highlighted the huge benefits Nigeria and other African countries stood to gain from the global digital economy ecosystem at the summit scheduled to hold in Sao Paulo, Brazil, between October 27 and 31.

He disclosed that AFRIDES, a side event of G20, was a strategic vision of the Group of 20 industrialised nations, which recognised the importance of inclusive digital transformation on national and sub-national economies.

According to Jiraji, the theme of the summit is “Digital Transformation for Sustainable Growth: Africa’s Path to a Connected Future.”

He said, "It is important to state from the onset that the Africa Digital Economy Summit (AFRIDES) is a strategic vision of the Group of 20 Industrialised Nations (G20). The G20 recognises the significance of inclusive digital transformation on national and sub-national economies as catalysts for economic growth.

"It also appreciates the imperative of deepening synergy with critical stakeholders worldwide to advance and enhance inclusive digital transformation. That is why it has institutionalised this side event, as a critical corollary of its "Youagenda. will note that the G20 hold their annual summit each year on a rotational basis. The 2023 edition held in Japan. This year’s edition is holding in Brazil from 18th to 19th November 2024 on the theme: "Building a Just

Jiraji stated that the forthcoming summit in Brazil aligned with Africa’s institutional framework for achieving its Digital Economy Policy and Strategy and its implementation of the e-Government Master Plan.

He explained that the event was also particularly strategic for Africa’s e-governance and its ecosystem, as digital economy resilience was the engine room for the implementation and articulation of economic and business policies and programmes, both in the public and private domains. It also served as the catalyst for building efficiencies and capabilities to deliver on critical aspects of economic transformation, development and national re-engineering, Jiraji stated.

According to him, the choice of sub-themes and topics, and the quality of resource persons invited to impact delivery reflected the seriousness attached to the summit.

Jiraji said, "Top level FinTech entrepreneurs, digital economy policymakers and regulators, and other strategic professionals are mobilised to critically add value to the digital economy discourse in Africa and beyond.

"It is our strong expectations that four-day summit will also open up viable opportunities for the regeneration of the numerous economic and other viable investment opportunities that shall create wealth, provide job opportunities and stimulate development in Africa.

Michael Olugbode in Abuja

World and a Sustainable Planet". The 2025 summit will hold in South Africa."

Ndubuisi Francis in Abuja

Diana Essien;

Managing Director of Jelfah, Anulowapo Ajayi,

PROMOTING EDUCATION…

L-R: Director General, Small and Medium Enterprises Development Agency of Nigeria, Charles Odii; Non-Executive Director, Heirs General Insurance, Alhaji Misbau Umar Yola; Managing Director/CEO, Heirs Life Assurance, Niyi Onifade ; the Group’s Sector Head; Winner, 2024 Heirs Insurance Essay Championship, Hephzibah Chidi; MD/CEO, Heirs Insurance Brokers, Tony Aniemeke, and Chief Marketing Officer, Heirs Insurance Group, Ifesinachi Okpagu during the essay championship prize presentation in Lagos…yesterday

NAF to Deploy Quick Response Wing to Increase Military Presence in North-west

Linus AlekeinAbuja

The Nigerian Air Force (NAF) yesterday said it was working out modality to deploy a Quick Response Wing to increase military presence in vulnerable communities in Katsina State and other Northwestern states.

The NAF also revealed that it has intensified airstrikes against criminal elements in the Northwest. The Chief of the Air Staff, made this disclosure, during a two-day operational tour of the Air Component Operation HADARIN DAJI and 213 Forward Operating Base (FOB), in Katsina State.

UI Students Beg Public to Pay Increased School Fees

Yinka Olatunbosun

Some undergraduates of the University of Ibadan (UI) are making news for seeking public assistance in paying their newly increased school fees.

The management of the university had shut down and suspended academic activities on August 31 following the protest against the fee increment.

According to the management of the school,

the three-week break was to allow students have adequate time to pay the school fees and complete their online registration, hence, the first semester examination was postponed until September 23.

There has been a massive crowd-funding campaign for school fees payment from various departments in the University of Ibadan. However, while tuition fees have been increased, the student loan scheme is yet to be approved for some of the students.

Kano Advocates Effective Conservation of Wildlife

Ahmad Sorondinki in Kano

Kano State Governor, Abba Kabir Yusuf, has advocated for the improvement of the wildlife conservation to enhance natural ecosystem across the country.

The call came to the fore at the 6th annual conference organized by Wildlife Society of Nigeria in conjunction with Aliko Dangote University of Science and Technology Wudil Kano, yesterday.

Declaring the conference open, Governor Yusuf, represented by the Commissioner for Higher

Education Dr. Yusuf Kofarmata, said effective conservation requires inclusive participation from all stakeholders, ensuring their voices are heard and valued.

He said collaborative approach would go a long way in building trust and foster long-term relationships essential for successful conservation of wildlife efforts.

According to him, “Protection and nurturing of wildlife is a collective responsibility for economic development, which can only be achieved by embracing stakeholder engagement and collaborative conservation.

Kogi Urged to Invest Heavily in Agric Sector

The Kogi State Government has been urged to invest heavily in the agriculture sector as part of efforts to boost food security and promote agricultural business concerns

This was contained in a communique issued at the end of the Stakeholders Consultative meeting on the Kogi State 2025 Agriculture Budget organised by the Small Scale women Farmers Association in Nigeria (SWOFAN) in collaboration with the state government and ActionAid Nigeria in Lokoja yesterday.

The stakeholders commended the increase of allocations to women and youths in agriculture in the 2024 budget cycle.

The communique stated that there is the need to review existing policies and framework on agriculture and initiate a comprehensive policy framework that incorporates the change agenda It said: “It was agreed that there should be an increase in funding in agriculture sector to meet the 10 percent Maputo declaration.

Stressing the need for a comprehensive strategy to achieve lasting peace in Northwest, Abubakar noted that kinetic actions

alone cannot eliminate insurgency.

A statement by Deputy Director, Public Relations and Information, NAF, Kabiru Ali, said

the operational tour highlighted NAF’s commitment to bolster security efforts and strengthen collaboration with Katsina State

in addressing the challenges of banditry and other emerging security threats in the North-West region.

Police Clampdown on Armed Robbery Gang, Arrest Suspects in Rivers

Arrest suspect with 930 rounds of ammunition in Delta

Blessing Ibunge in Port Harcourt and Sylvester Idowu inWarri

The Rivers State Police Command has clampdown on a five-man armed robbery gang allegedly responsible for car snatching and burglary in

parts of Port Harcourt and Obio/Akpor Local Government Areas of the state.

Similarly, operatives of Delta State Police Command have arrested a suspect identified as Anthony Godday with 930 rounds of 7.2mm AK-47 ammunition.

Parading some suspects at the Police headquarters in Port Harcourt, yesterday, the State Commissioner of Police, Olatunji Disu, revealed that the gang has been allegedly responsible for snatching of over 10 cars in

the past three months. He said the gang members snatches the cars at gunpoint, adding that they have been terrorising residents of the state seeking to enjoy the comforts and thrills of nightlife in Port Harcourt.

We’re Committed to Strengthening Democracy at Grassroots, Says Aiyedatiwa

Fidelis David in Akure

Ondo State Governor, Mr. Lucky Aiyedatiwa, yesterday said his administration is committed to strengthening good delivery of democracy dividends at the grassroots, uphold the principles of representation, accountability, and the rule of law.

Governor Aiyedatiwa stated this while declaring open a two-day sensitisation workshop for political parties and election stakeholders organised by the Ondo State Independent Electoral Commission (ODIEC) with the theme: ‘Election Stakeholders, Grassroots Democracy and Good Governance’.

Aiyedatiwa, represented by his Deputy, Olayide Adelami, said as announced by the electoral body on August 29, 2024, the local government election will hold on January 18, 2025, noting that resources must reach people at the grassroots to feel the impact of the government. According to him, “As critical stakeholders, we must take the collective responsibility of coming together to promote a peaceful, inclusive and transparent process in the upcoming local government elections.

House of Representatives Promises to Enhance Gender Equality

Michael OlugbodeinAbuja

The House of Representatives has promised to work at reducing inequalities and enhancing the participation of all genders in socio-economic and political development of the country.

The Speaker, Rt. Hon. Abbas Tajudeen, reiterated this commitment

at the roundtable yesterday in Abuja and signing of a Memorandum of Understanding (MoU) between United Nations, UN Women and Media Executives to escalate media intervention and provide a media platform to enhance gender equality and women’s empowerment in Nigeria. Represented by the Chairman, House

Committee on Women in Parliament, Hon. Fatima Talba (APC, Yobe), the Speaker noted that part of the Green Chamber’s efforts in that regard was the re-introduction of the ‘Gender Equal Opportunities’ Bill which failed in the 9th Assembly as well as other critical legislations required to dismantle barriers to women’s economic and political inclusion.

He said the House has equally signed MoUs with various women advocacy groups including the Office of the United Nations Committee on Elimination of Discrimination Against Women (UNCEDAW) to enhance legislations and other interventions on issues of women economic and political inclusion.

Heirs Insurance Announces Winners of N8m Essay Championship Scholarship

Heirs Insurance Group has announced the winners of its 2024 Essay Championship, who will be awarded N8million scholarship. The winners were announced at a grand ceremony in Abuja.

The winner, Hephzibah Chidi from Seacrest Preparatory in Rivers State, who won the first-place position and a N5 million scholarship, captivated the judges with her winning essay and presentation of

I’m Best Positioned to Succeed Makinde in 2027, Says Oladimeji

Kemi Olaitan in Ibadan

A chieftain of the Peoples Democratic Party (PDP) in Oyo State, Hon. Olayinka Oladimeji, has said he is the most qualified person to succeed the state Governor, Seyi Makinde, as governor in 2027.

The PDP stalwart, while speaking with journalists in Ibadan, stated that by every standard, he is the most qualified to contest and best positioned to succeed Makinde.

According to him, as a young man still under the age of 50 and given his long years of commitment to the PDP, he stood a better chance of getting the party’s ticket in line with the age limit bar set by the governor

for his would-be successor.

He said: “Our performing Governor Seyi Makinde has given his word on age limitation and he has promised us level playing field. I believe in him. I am the most qualified to succeed our dear governor.

“I am the best for the governorship seat. My life has been dedicated to serving the people and the community. I have been very supportive of my people at the grass-roots level over the years.

“Nobody else is more qualified than me for the job in 2027. I believe that Governor Makinde is a man of his word. This would influence the choice of the best candidate to succeed him in 2027.”

“The Story of My Hero”. In addition to her N5 million, Hephzibah Chidi’s school, Seacrest Preparatory was awarded a N1 million grant to support an educational project.

The other winners include: Pemisire Owolabi from Quest

College in Oyo State, who won second place with a N2 million scholarship, and Mariam Raheem from Isador Model School in Lagos State, who won the thirdplace position with a N1million scholarship.

Ibrahim Oyewale in Lokoja

Nigeria Can Replicate Prosperity of 'the Good Old Days', Says Obasanjo

Esther Oluku

Former President Olusegun Obasanjo has said that Nigeria can replicate the prosperity of the good old days if leaders show the capacity that makes for the building of a great and prosperous nation.

He noted that this capacity will be reflected in strength of character, knowledge and understanding that will culminate in collective progress for all her citizenry.

Speaking as a special guest at the exaugural lecture and book launch of veteran journalist, Adedayo Oketola, the elder statesman said the exploits of the nation's glorious years were

achieved through the exploitation of available opportunities.

Reflecting on the telecommunications industry's remarkable growth, Obasanjo praised the transformative impact of sectoral reforms.

Citing Adedayo Oketola's book, ‘The Catalyst: Nigerian ICT Evolution Through a Journalist's Lens’, Obasanjo noted that strategic investments in telecommunications unlocked unprecedented development opportunities, yielding benefits that Nigerians still enjoy today.

He said: “The story of mobile telecommunications is a very interesting one. Before mobile telecommunications, we've done a lot of things, we've spent

a lot of money. All sorts of companies were invited from outside from America, France and even from Britain.

“We couldn't get more than 500,000 lines with all that we have done and people had to queue at the telephone kiosk to call their loved ones abroad and then of course the mobile telephone age came in. When it came in, my predecessor was trying to give it away, I think, to their friend at $3 million.

“Then we said what we will do is to auction it to anybody and the three that came in first, I think they paid $280 million for the line. For what was to be given away for $3 million.

“But not only that, we achieved

competition. The three of them were competing. And of course, the one who had the upper hand in terms of spread MTN and then followed by Glo and then Econet.

“Then of course, later we had a fourth one, Etisalat. When they came, they came last, and I said, the last one we gave, it was $280 million we got. Etisalat, if you want the line, you'd pay $450 million. And they did. When they paid $450 million, we went in and gave them.

“That is how we got money to do what we did at the time we did it and that opportunity can still be made available. The money to develop Nigeria is out there but that money

HOW TINUBU’S OIL SECTOR REFORMS ACCELERATED TAKEOFF OF NEW GAS PROJECT

gas project, a deal between the Nigerian National Petroleum Company Limited (NNPC) and TotalEnergies.

A statement from the office of the Special Adviser on Energy to the President, Olu Verheijen, stated that the recent directives would further unlock up to $2.5 billion in fresh investments in the country’s oil and gas sector.

Verheijen was speaking at a luncheon organised as part of the inaugural US-Nigeria Strategic Energy Dialogue, hosted by the US State Department in Washington, DC.

According to her, energy reforms introduced in Nigeria since June 2023 had focused on improving energy security, attracting investment and deepening collaboration with key partners like the United States government.

The dialogue was established in June 2023 to create a platform for the US and Nigerian governments and private sector to deepen bilateral cooperation to advance the implementation of shared energy

and climate action ambitions.

Nigeria seeks to create a robust regulatory framework and attract new investments for the production of gas for power, transportation and clean cooking.

To support the reform efforts, Verheijen recalled that Tinubu issued the five new executive orders aimed at providing fiscal incentives for investment and reducing the cost and time of finalising as well as implementing contracts to develop and expand gas infrastructure.

The directives, she stressed, aim to immediately unlock up to $2.5 billion in new oil and gas investments in the country.

Verheijen added that the reforms had since started yielding results, with the recent announcement of Final Investment Decision (FID) on a new $550 million upstream gas project that will deliver 350 million standard cubic feet of gas per day when operational. “I cannot overstate the importance of our longstanding relationship with the US and this

inaugural dialogue. The goal of this dialogue is to for us to jointly proffer solutions that will close the energy access gap for close to 100 million Nigerians who still lack reliable power.

“We want existing and potential partners to better understand our areas of priority so that our collaboration can be better targeted, and with tangible outcomes,” the presidential aide noted.

Verheijen highlighted the key reforms that the government of Nigeria has launched to improve the viability of the gas-to-power value chain since Tinubu assumed office.

These, she stressed, include initiatives to improve cash flows in electricity distribution through smart metering and the payment of outstanding debts owed investors, and to reduce carbon emissions from gas production.

She acknowledged the support of financing and technical partners like the United States government, the World Bank and the African Development Bank (AfDB) towards

Nigeria’s ambitious goals to expand electricity access and reliability through grid and off-grid solutions.

Verheijen affirmed her optimism about the bright prospects for Nigeria’s energy sector, especially with the renewed focus on gas as a transition fuel in the race to meet the country’s commitments to the Paris climate agreement.

She said: “We see resilient demand for gas through the energy transition as it is a readily available, cost-effective backup to renewables while cutting emissions by half immediately.”

Also speaking, Assistant Secretary of the State Department’s Bureau of Energy Resources (ENR), Geoffrey Pyatt, pointed out that the US was interested in sharing energy security, decarbonisation and economic growth goals with Nigeria.

“The inaugural US-Nigeria Strategic Energy Dialogue sets the stage for strengthened energy collaboration between the United States and Nigeria. Together, we're advancing shared energy security,

DANJUMA: NO MORE EXCUSES FOR INSECURITY, SERVICE CHIEFS MUST END THE PANDEMIC NOW

no more excuses, absolutely no," he said.

Responding, Musa added that the armed forces would continue to uphold the values of service, integrity and honor that define extreme military tradition.

He said: "Let me also mention to our distinguished chairman that the armed forces of Nigeria are positioned, willing, dedicated and committed in ensuring that we restore peace and security in our own dear country.

“We shall not be deterred. There are going to be challenges, but that is why we are here. I want to assure you that we have learned a lot from

your record – very, very distinguished senior officers that have modeled us all through the years. We cannot afford to fail and we will not fail."

The author, Maj. Gen. Udounwa, said he was motivated by the desire to document his experiences for the younger generation.

"Well, I was motivated by a lot of factors. The first one is that the military profession thrives on experiential learning.

“That is to say that younger generations of military officers and soldiers require that you learn from the experiences of those who served before them to know whether it's issues of strategy, administration,

operational management, and the rest.

“If you don't document your experiences, that could be lost and then those coming behind you might not be able to learn from all the exposure and all the training that you had while in service.

“So, my book is going to be of interest to serving personnel, military historians, the academia, people who are interested in national and international security affairs, and the general public. So, that was the motivation."

He expressed confidence that the younger generation of officers, who are still serving would learn from

EDO’S THREE HORSE RACE: HOW THE CANDIDATES STAND

Adibe Emenyonu in Benin City

Eligible voters in Edo State will go to the polls on Saturday, September 21, to elect a new governor that will take over from the incumbent, Godwin Obaseki, who will complete his statutory eight-year tenure by November 12, 2024.

Campaigns for the coveted seat have been intense. Candidates from 17 political parties are in the contest.

THISDAY examines the candidates and the factors that may swing victory in their favour, as well as their strengths and weaknesses in the fierce contest.

The political atmosphere in Edo State is reaching a feverish pitch. The frenzy is on, typical of elections in Nigeria, as electioneering has always been characterised by the usual carpet-crossing, alignments and realignments; horse-trading and violence

No doubt, the election is a threehorse race, but this particular contest is peculiar in several ways.

The rivalry between PDP, the governing party in Edo State, and APC, the party in charge at the national level, is more of a status and influence contest between two former allies, Governor Godwin Obaseki, and his predecessor, Comrade Adams Oshiomhole, now a senator.

Before the duo parted ways, they were political bedfellows, such that against all protestations, Oshiomhole, as the outgoing governor in 2016, ensured that Obaseki, who then was a political neophyte, became the governor of the state on the

platform of APC. But soon after the inauguration of Obaseki, the honeymoon between him and his then benefactor, Oshiomhole, was over. Both men became political enemies and never agreed again politically.

Saturday's election will rekindle the rivalry between the duo, which began in 2019, when 14 elected state lawmakers loyal to Oshiomhole, were prevented from being sworn in as members of the House of Assembly, a situation orchestrated by Obaseki. To get back at Obaseki, Oshiomhole, then as National Chairman of APC, had denied Obaseki APC's second term governorship ticket, an issue that would later cost him his own job.

Oshiomhole is looking to reassert his influence in the state. But Obaseki is determined not to yield an inch. And with both men backing the opposing front runners, the stakes couldn’t be higher.

And, of course, the candidate of Labour Party, Olumide Akpata, is poised to take advantage of the numerical strength of the zone he hails from.

The three leading candidates are Asue Ighodalo of the governing Peoples Democratic Party (PDP), Olumide Akpata of Labour Party (LP), and Monday Okpebholo of All Progressives Congress (APC).

Since the Independent National Electoral Commission (INEC) declared campaigns open for the off-cycle election some months ago, the stakes have increased daily, with political tension in full swing.

There have been threats to security at different times, but the campaigns have also degenerated to character debate, with two of the frontline candidates – Ighodalo and Okpebholo – staying away from a debate organised for the candidates.

Things got to a head last week, when PDP and its candidate, Ighodalo, declined to sign the peace accord, an electoral ritual, on the allegation that the police, an institution meant to provide security, was biased and working for APC. APC, also, initially refused to sign the agreement because an orderly to its candidate was killed during the campaigns and his killers had yet to be apprehended. But it eventually signed the peace pact.

These scenarios have significantly coloured the tenor of campaigns, preparatory to the election this weekend. And they have further exposed the strengths and weaknesses of each of the candidates, inadvertently hinting at how they may stand in the election.

Asue Ighodalo

Quite a few factors are going well for the PDP candidate, Asue Ighodalo. These include his pedigree and sound education. A lawyer, economist, and head of various blue-chip companies, with eloquence and the ability to sell his manifesto, "Pathway to Prosperity For All", Ighodalo stands out from the rest.

Since politics is a game of number and with the current state of the nation, the PDP governors are determined to maintain their current number, even

will not come in unless a concrete conducive atmosphere for that money to come in.

“What Nigeria had done in the good days when things were going well are still there and can still be done today only if we are honest to ourselves, we show the character, the attribute, the understanding and the knowledge to make this country a great country that God has created it to be.

“It is a land flowing with milk and honey, not a land of insecurity, not a land of lack of prosperity. A land where everybody can have enough for himself or herself and God let it be so.”

decarbonisation, and economic growth goals,” said

The Nigerian delegation to the US-Nigeria Strategic Energy Dialogue, was led by the Minister of State for Petroleum Resources, Ekperikpe Ekpo.

It also included officials from the Ministry of Power, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian Content Development and Monitoring Board (NCDMB), NNPC and others.

The US delegation included representatives from the Bureau of African Affairs, USAID, the US Department of Energy, the US Trade and Development Agency (USTDA), and the Export-Import Bank (EXIM).

The event saw the launch of a new Nigeria-focused initiative, the Clean Energy Alliance of Nigeria (CLEAN), by the US State Department, to mobilise stakeholders to support and promote investment in clean energy in Nigeria.

some of the challenges he faced and how he was able to navigate through them.

"I hope they will learn that to serve in the military requires discipline, requires professionalism, integrity, character, courage, and so many other virtues that an officer must display while undertaking his duties," he said.

He further explained that the title of the book "Big Boots was informed by the size of his foot and boots in the military, even as he recalled that he faced bullies in primary school, but the day he decided to unleash his big feet on one of the bullies, it ended.

if they may not be in a position to increase it.

Ighodalo has the overwhelming support of governors of his party.

Again, a majority of Edo people in the Diaspora have thrown their weight behind Ighodalo. The National Association of Nigerian Students (NANS), too, as well as traders and other professionals have followed suit.

Additionally, his native Esan people have resolved to stand by their own. To them, the Okpebholo axis of Edo Central district had taken the senate position and, therefore, cannot take the governorship, in addition. They hold the view that the Ighodalo axis should take the governorship for balance of power.

Another factor in favour of Ighodalo is the choice of his running mate, Osarodion Ogie, who appears to command staggering followership across the three senatorial districts of the state and have friends across the parties.

Unfortunately, two issues stand stoutly against his aspiration. One is the much-touted federal might, which though has been dismissed repeatedly, but may be relied on by the opposition party. The other factor is the political disposition of his leader and benefactor, Godwin Obaseki, which many consider undesirable.

Ighodalo's association with Obaseki may constitute a minus for him. It is why some people have likened his candidacy to a continuation of Obaseki’s administration. For these people, stopping Ighodalo is akin to stopping Obaseki, irrespective of the development that the Obaseki

encourages investors who are willing to invest in projects in the gas value chain, a statement by his spokesman, Louis Ibah said.

“As a matter of fact, the federal government has taken deliberate steps over the years to encourage and stimulate investment in the gas sector by approving various policies, such as the Gas Pricing & Domestic Demand Regulations (2023), the Natural Gas Pipeline Tariff Regulations (2023), the Nigerian Gas Transportation Network Code, the National Nigerian Gas Masterplan, the National Gas Policy (2017) and the Petroleum Industry Act (PIA) 2021.

“These policies and laws provide a conducive environment for private sector investment in domestic gas development,” the minister said.

The PIA, he stressed, also established the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to support more private sector investment in gas infrastructure development.

Meanwhile, the Minister of State Petroleum Resources (Gas), Ekpo, has responded to the recent statement attributed to the Vice President, Oil and Gas of Dangote Group, Devakumar Edwin, regarding the abandonment of plans to build a 1,200km subsea gas pipeline due to unfavourable government policies.

Ekpo noted that the decision to build or abandon the project was solely a business decision of the Dangote Group, taken long before the inauguration of the Tinubu-led administration.

The federal government, under Tinubu, he said, is committed to creating an environment that

administration has brought to the state and the bold vision articulated by Ighodalo in his manifesto.

Olumide Akpata

Also a lawyer and former president of Nigerian Bar Association (NBA), Olumide Akpata is well-read and a good choice by his party. He, too, parades a robust manifesto, titled, "My Pact With Edo People." Coming from a zone that has the highest number of registered voters, up to 58 per cent, more than the other two districts put together, Akpata may ride on the popularity of his party and its performance in the 2023 general election, which enabled it to snatch a senatorial seat from PDP and APC.

But Akpata’s number one disadvantage may be the consensus reached by a majority of the Edo elite to yield power to the central zone, which has not tasted the governorship since the Fourth Republic, except for Professor Oserhiemen Osunbor, who governed for 18 months before the courts nullified his mandate in favour of Adams Oshiomhole in 2008.

Unlike PDP and APC, which have known political figures as running mates, the LP deputy governorship candidate, Alhaji Yusuf Asamah Kadiri, SAN, is largely unknown in the political artery of Edo State. It is doubtful if he can muscle votes for the LP ticket.

Kadiri suffers the same plague as Akpata. Both are outsiders in the politics of Edo, and are largely

Contrary to the view expressed by the VP Oil and Gas of Dangote Group, Ekpo said there is no provision in the PIA, or its predecessor policies and/or legislation, that discourages private sector investment in gas infrastructure.

According to him, the PIA offers significant incentives for private entities to invest in the gas midstream and downstream sectors, with the government encouraging private investment in gas infrastructure development.

“Any private entity interested in investing in the gas midstream and downstream sectors is free to do so, with government incentives available to encourage investments that contribute to national economic growth and development,” the minister added.

seen as trying to take votes away from PDP, which, unfortunately, may help APC.

Monday Okpebholo

Though the APC candidate, Monday Okpebholo, is not a political neophyte, and he can leverage some political experience, especially as a senator, he also has the backing of the ruling party at the centre, with its federal might.

Okpebholo equally has to his advantage some very good campaign managers, who do the talking for him and have boasted about how they would explore federal might to his advantage. Despite those advantages, Okpebholo appears to lack depth and the gravitas to run a state in this day and age. Both his age and the age of his ideas appear to be out of tune with reality. Talk about articulation, eloquence, grasp and knowledge of issues, he is in a different realm – a total write-off, many have argued. It is no wonder that he has been dodging debates – either in the print or electronic media. That he is from the same senatorial district as the PDP candidate is another disadvantage, because he may likely split votes with Ighodalo.

In the final analysis, while the three political parties will try to put up a good fight and seek to outdo one another, the odds are believed to still presently favour the PDP candidate, Ighodalo, even though nothing is certain yet in politics until the final whistle is blown.

Obasanjo

Email: deji.elumoye@thisdaylive.com

As Lagos Deputy Gov Hamzat Clocks 60...

Adedayo Akinwale beams searchlight on the political career of the Deputy Governor of Lagos State, Dr Obafemi Hamzat, as he clocks 60 on Thursday, September 19.

Deputy Governor of Lagos State, Dr. Obafemi Hamzat needs no introduction as far as the political terrain of Nigeria is concerned. When decent politicians in the country are discussed, he ranks high as one of the few politicians in the country who are without controversies or corruption allegations dangling on their neck.

Hazmat who clocks 60 tomorrow was born in Lagos on 19 September, 1964 into the family of Late Oba Mufutau Olatunji Hamzat and Late Alhaja Kehinde Hamzat from Iga Egbe.

His father served as a member of the Lagos State House of Assembly and as a Commissioner for Transportation in the state (1979–1983) before becoming the Vice-chairman (South West) of then Alliance for Democracy (AD). He became the Lagos West Senatorial District leader of the Action Congress and a crowned king through his maternal royal lineage.

If the political antecedents of his father, the late king is anything to go by, it is safe to say Hazmat was born into the progressives fold.

Hamzat had his primary education at Odu-Abore Memorial Primary School, Mushin, Lagos State and his secondary education at Olivet Baptist High School, Oyo state.

He graduated from the University of Ibadan in 1986 with a degree in Agricultural Engineering in 1986 and a Masters in Agricultural Engineering in 1988. In 1992, he had his PhD in System Process Engineering at Cranfield University, England. Despite being from a privileged family, Hazmat is the perfect definition of humanity who has been able to leave a meaningful impact in the lives of those that have come across him. He doesn’t know how to look

away when he sees someone he needs.

His love for humanity and his philanthropic gesture which he intentionally keeps away from the media is second to none.

Whenever foot-soldiers of President Bola Tinubu are mentioned, Hazmat is high up there. He has been a member of the political family for a number of years and unapologetically committed to Tinubu’s progressive ideals.

Before he ventured into politucs, he worked at RTP Consulting Services, Columbia University, Merrill Lynch Inc, Morgan Stanley and Oando Plc.

In Oando Plc, he served as the Chief Information Officer and Group Head, IT Strategist.

Hamzat is a well-regarded technocrat and administrator with a reputation for his emphasis on using

technology and data to drive policy decisions. His policies have largely focused on innovation in governance, infrastructure development, and smart city initiatives.

He is considered part of the Bola Tinubu political network and has gained influence within Lagos State politics through his close relationships with other key politicians in the state.

In spite of his background, Hamzat’s political journey didn’t start until he was appointed as a Commissioner for Science and Technology in 2005 under the administration of Governor Bola Tinubu. He continued to serve in the same role during Babatunde Fashola’s tenure as governor.

He is known for spearheading several technology-driven initiatives to enhance the efficiency of governance and service delivery in Lagos. One of his significant contributions was the introduction of e-

Hamzat is a well-regarded technocrat and administrator with a reputation for his emphasis on using technology and data to drive policy decisions. His policies have largely focused on innovation in governance, infrastructure development, and smart city initiatives. He is considered part of the Bola Tinubu political network and has gained influence within Lagos State politics through his close relationships with other key politicians in the state. In spite of his background, Hamzat’s political journey didn’t start until he was appointed as a Commissioner for Science and Technology in 2005 under the administration of Governor Tinubu.

governance systems in the state’s public service. This led to an increase in transparency and efficiency in government processes.

Hazmat was also appointed Commissioner for Works and Infrastructure between 2011 and 2015. His focus was on infrastructure development, ensuring Lagos State’s road networks were maintained and expanded.

In addition, he was appointed as Special Adviser on Works to the Minister for Works, Power and Housing, Babatunde Fashola in 2015. In September 2018, he resigned that role to contest in the Lagos state gubernatorial elections.

After a long-fought primary, Hamzat emerged as the running mate for Babajide Sanwo-Olu for whom he had stepped down during the primaries. Sanwo-Olu would eventually become the party’s nominee, and later Governor-elect.

Both men ran together a campaign that went to different parts of the state. On 10 March, 2019, after the election, Hamzat was declared Deputy Governor-elect of Lagos State by the Independent National Electoral Commission and presented a Certificate of Return. He was re-elected in 2023 for a second term.

The Deputy Governor is notorious for maintaining a low-profile personal life while focusing on his duties as a public servant. Hamzat is respected for his intellect and strategic thinking in governance, combining his technical background with his political ambitions to push for progressive changes in Lagos State.

Hamzat is married to Mrs. Oluremi Hamzat, and the union is blessed with wonderful children. As the Lagos Deputy Governor celebrates 60 years of fulfilled life on earth, the political landscape appears wide and very open for him.

Hamzat

How Pastor Kumuyi Created Positive Change, Societal Impact through CMI Initiative

Blessing Ibunge writes that in effort to save a decaying society eaten deep by corruption and other vices, the General Superintendent of Deeper Christian Life Ministry, Dr. Williams Kumuyi led the Change Makers International Initiative (CMI), a non-denominational/non-religious group, to host a six-day impactful programme in Port Harcourt, Rivers State capital

Acknowledging the growing ills and corrupt practices in the society, which continues to pose as great danger to the future of the country, the General Superintendent of Deeper Christian Life Ministry, Dr Williams Kumuyi initiated a group under the aegis of Change Makers International Initiative (CMI), a non-political, non-ethnic, nonreligious, non-partisan movement, with the vision to create positive change and societal impact.

Dr Kumuyi is popularly known for his passion in nation building and winning souls for the body of Christ Jesus. His purpose in creating positive changes in the world has made him to travel across seas and nations, notwithstanding his age, his inner strength is still creating positive impact in the society where people groan in pains following the hardship and corruption bedeviling the country.

To this end, he has severally expressed, that to proffer solutions to the myriads of problems facing the society; change must start from the families.

Based on this, the founder of the Deeper Christian Life Ministry initiated the all-inclusive group owing the fact that for the society to get better, every individual not minding their religion or belief must participate in the creating of the positive impact that will restore sanity and ensure development in the country. The programme which witnessed huge participation by Nigerians was held on August 15 -20, 2024 at the Yakubu Gowon Stadium, at the Elekahia, Port Harcourt.

During a meeting with stakeholders ahead of the programme, the Overseer of Deeper Life in Rivers State, Pastor Andrew Osagie, revealed that to achieve the mandate of positive change in society, the conference would focus on personal growth, leadership, social impact, and building a legacy of integrity for the country. He said: “Among the vehicles to effect these changes and bring social impact is the hosting of Men’s and Women’s Global Conferences, where seminars, panel discussions would be carried out.”

The cleric, who noted that the world is facing a global crisis and needs revival, blamed parents for not giving more attention on their children, who he said have lost moral values and heavily contributed to the decay experience in the society. “In our country and state, we have had a fair share of similar and other challenges. Poverty and hunger have adorned the faces of our fellow citizens. Moral decadence, dishonesty and corruption are the order of the day”.

Osagie, who informed earlier that the conference would feature engaging speakers, interactive workshops, and meaningful discussions designed to empower men and women to lead lives of purposeful impact, integrity and influence, said “It is our belief that these crises can be traceable to breakdown of family values, hence their solution would begin with the family heads, as charity, they say, begins at home.”

On his arrival at the the Port Harcourt Airport for the six-day programme, Kumuyi was welcomed

by leaders of various denomination and region, including traditional rulers, Islamic leaders who formed the stakeholders of CMI.

While speaking with journalists on his arrival, Pastor Kumuyi urged youths to dialogue with the Federal Government to achieve positive socio-economic impact change in the country, and disclosed the theme of the programme as “Driving positive change and social impact”, was for humanity and would leave the world and community better.

He said the aim of the programme is to accomplish positive change in the lives of Nigerians, irrespective of their backgrounds, to make them effect desired social and spiritual transformation.

“We see that every individual, every family and every institution can do better and if we all do better in various areas, relationships, interaction at our work places, our colleges, everywhere, there will be a change in the nation and it doesn’t take mighty efforts.

Little drops of water make a mighty ocean and, if we can begin the change here as individuals, as families, then carry the change to our offices and everywhere, all that we are mourning and groaning about will turn around for the better,” Kumuyi said.

The GS of Deeper Christian Life Ministries continued that "When we say that there should be a change, there could be different methods of bringing up the change. The young and older people, even the government, may have different views, but we must agree to a positive change.

“If we can harness all efforts and energy together, not trying to defeat or crush anyone, the youths, government and everyone knowing that we all have the rights constitutionally to bring a change, we all must strategies at a round table to have direction to follow and achieve positive change".

The cleric who spoke against the backdrop of the recent nationwide #EndBadGovernance protest, which turned violent and led to killings, looting and destruction of public property in parts of the country, he noted that it is possible to achieve a better country without any resort to destruction, grievance or retaliation

"I think when we love one another, and we respect and honour one another and then we are able to sit down without any kind of a grievance or retaliation or destroying anything, we are not at any one, all we want is a better country. We’ll have it eventually.”

THISDAY observed that the conference was classified in different sessions and topic, including special programme for women,

men, and also government presence was noticable with positive promises and impacts.

At the Women's Conference

The programme kick-started with a two-day women conference envisaging the role of women in nation building. A Niger Delta female activist, Ann-Kio Briggs, addressing the women, said they have all kinds of knowledge needed to make the necessary changes in society.

Briggs appealed to the government at all levels to involve women in decision-making, saying that women are change makers and created to be part of those that will make better changes in Nigeria.

She advised that “Women have to encourage their children to make a change in the country, the breakdown of family values will break down the society. When we leave our children to be raised by house helps, they influence them and sometimes they lose their values".

On her part, permanent Secretary, Ministry of Justice in Rivers, Charity Clapton-Ogolo, urged mothers to learn the use of technology to be able to know what their children are doing on the internet.

Clapton-Ogolo, who is also the Solicitor-General of the state, tasked women with personal development, how to manage their emotions, adapt to change and think outside the box. "We have to work on our relationship and family ties, we have to be involved in leadership and advocacy in our various communities, we have to keep the standard of God.

“We have to be economically empowered, learn to give and not always receive. We have to embrace the 21st Century technology and always speak the truth from the house to the society, if we must make a change,” she added.

On the men's conference

During the men's conference as part of activities for the positive change programne, Kumuyi urged Nigerians on the need for attitudinal change in order to move the country forward. He stated that the country cannot make any visible progress except the people reflect on themselves and make changes that impact society.

Citing Proverbs 4:23 and Malachi 3:3, the international clergy said for the country to change for the better, change makers need to recover the heart of their inner ward, and thereby called on Nigerians to make sacrifices for one another as change agents and not be self-centered to ensure the growth of society.

He said: “There has been times when the people thought that the world is flat but the world is round, there have been a time when men don’t know how the brain function, but now people know and the changes are making a difference.

“If there is no time of reflecting or refreshing, there will be no change, If we continue the same way since the civil war to democratic laws and nobody reflects on change where are we going to be as a country by 2030. We need a rethinking

and refreshing to have rest, peace and unity in our families and country, we will come up with solutions that will refine and change our country for good.”

Kumuyi said that change-makers should recover the heart of their inner ward to improve the country. He said that the goal should be to restore the health of the intimate body, the brain, and the total mind and raise the harvest of an influential world.

“Everyone had to give an account of how he lived on earth, when the heart is Stoney, when a heart is not of God, when a heart is negative. When a heart does not have sympathy and compassion, does not do good things, and is selfish, then that heart is gone. The person has no heart because he has lost the excellent heart created by God"

The Rivers State governor, Siminalayi Fubara who was also at the programme of Rivers has commended the General Superintendent of the Deeper Christian Life Ministry, for his vision in driving positive change and social impact in Nigeria.

Fubara , who was represented by Dr George Nweke, the Rivers State Head of Civil Service Commission, expressed joy on the significant global men’s conference hosted by the CMI, saying that the programme resonates deeply, especially in a world that is continuously evolving and facing challenges that demands collective action, He however, “invite us all to reflect on our roles as men in driving positive change, it is our responsibility to be catalysts for social impact. Leading by examples in or families, communities, work places and wherever we are". Governor Fubara said the state recognised the part of men’s involvement in promoting progress, whether through community service, mentorship or advocating social change.

According to him "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 tolerable society. Let us embody the spirit of collaboration not unhealthy competition".

The governor encouraged Nigerians to forge partnerships, share ideas and take tangible steps towards making a lasting impact in their communities, to harness their collective strengths for the greater good of their immediate communities, the nation and indeed empower mankind.

He urged the public to always anchor their plans in the hand of God in all they do to ensure that the ultimate result comes from the supreme God.

“We want the will of God to be done, unfortunately most times when we go to the place of prayer to ask we come with something, a mindset in our hearts and when God reveals his real intentions for us, we say get behind me satan. We should in everything that we do try as much as possible to make sure that we get the real intention of God for us when He speaks to us", Governor Fubara added.

Dr Williams Kumuyi with other stakeholders at the positive change conference organised by Change Makers International Initiative (CMI), in Port Harcourt, recently

Dr Williams Kumuyi, General Superintendent of Deeper Christian Life Ministries

JOHN MAYAKI highlights the factors that will shape the governorhip election

BATTLE FOR EDO’S FUTURE

With just three days to the Edo 2024 governorship election, Nigerians, and especially Edo voters, can now see that Monday Okpebholo, the APC candidate, lacks the capacOkpebholo who dodges the opportunity to sell himself and evades debates and special interview sessions cannot lead an enlightened

His candidacy portrays his lack of commitment to serving the people, one that is inter-trast, the PDP has presented a candidate who not only demonstrates brilliance and competence but has also earned genuine popularity

for unwholesome strategies to counter the Although Asue is entering the electoralentrance into the system at one point or thelenges are pragmatic, forward-thinking, and deeply rooted in an understanding of govervision, promises to fundamentally transform the state, and his intellectual approach to lead-

He does not shy away from public debates, and opportunities to express himself - on TV, radio, newspaper interview, symposiums, workshops, and such other platforms to

selection is seen by many as a game-changerthe icing on the cake!

With his deep connections in Edo North, Central, and Edo South, he adds regional Ogie has his hands in the APC, PDP, Labour Party among several other parties - but this shown remarkable energy and focus, leaving no corner of the state untouched by their vigcommunities large and small, solidifying their presence and demonstrating they are serious Ogie, a quiet and unassuming operator, has made a greater impact on Christendom than -

Catholic faith, Ogie reportedly mobilised his friends to raise over N300 million for the construction of a Catholic Church along Airport Road - just one of many examples of his phil-

perception of him as a compassionate and committed leader and this again, to the Arewa or Hausa community in the state - you untandem with values that many voters admire, particularly in religious communities, which

This kind of grassroots impact and his be-late into voter trust and support, especially in the election by appealing to voters looking for leaders who genuinely care about societal

have ignited the women folk across the state, adding a personal touch that connects with has infused the campaign with a fresh, relat-

What truly sets Asue apart is the sub-festo is not just a collection of lofty promises; over intellectuals, technocrats, and progres-trenched politicians who have been out of government may resist change, clinging to have won the support of those who seek real

At its core, this election is more than a-

fathers and political warlords, driven by ego and vengeance, against a candidate who has no political baggage but with the education, expertise, and leadership qualities necessary

Edo has the opportunity to break free from stagnation and embrace a brighter, more

Mayaki is a Journalist and Diplomat

The fund provides Nigerian startups with the resources to develop and scale AI solutions, writes SONNY ARAGBA-AKPORE

GOOGLE AI FUNDS FOR NIGERIAN STARTUPS

Last week,the government of Nigeria in collaboration with Google Africa began what could turn around the fortunes of startups with the launch of N100m fund in Lagos.

The fund, to be overseen by the National Centre for Artificial Intelligence and Robotics (NCAIR), is believed to align with President Bola Ahmed Tinubu’s vision to position Nigeria as a leader in Artificial Intelligence (AI) development.

Communications, Innovation and Digital Economy Minister, Bosun Tijani tweeted on Tuesday, September 10 that “today we launched the N100million Artificial Intelligence Fund in collaboration with @googleafrica aimed at supporting Nigerian startups leveraging AI to build innovative solutions.”

Expected to be managed by NCAIR,the funds will enable startups to deliver cutting edge technologies for developing AI for economic growth.

Although, this initiative looks tempting for the startups, some stakeholders see it as a drop in the ocean.

Despite the misgivings of some stakeholders, government thinks the AI fund is expected to spur technological progress across Africa, empowering entrepreneurs to solve real-world problems through AI.

By providing critical financial and strategic backing, the collaboration sets a new benchmark for digital innovation across the continent, offering African startups a chance to drive economic growth and technological development.

Google’s involvement highlights its commitment to Africa’s digital future according to Olumide Balogun, Google’s West Africa Director, noting that the partnership aligns with Google’s focus on developing Africa-centric solutions and promoting digital innovation on the continent.

“In addition to financial support, the selected startups will gain access to Google’s AI tools, mentorship, and a global network of experts and investors, helping them scale their businesses and expand beyond Nigeria.

“Eligible startups must be based in Nigeria, have at least one Nigerian founder, and focus on AI-driven solutions with strong market potential. Applications will be open from September 10 to September 25, 2024, with winners announced in October.

“Tijani explained that the government’s pivotal role in shaping AI policy, which we believe will have longterm effects on both the public and private sectors is a drive in the right direction.

“If we get it right in the public sector, it will permeate the private sector, transforming national lives and shaping the future of our country,” Tijani stated during the launch.

The government is also working on a National Artificial Intelligence Strategy to guide future policies and foster AI growth across multiple industries.

Announced on September 10, 2024, this initiative aims to foster AI innovation and entrepreneurship in Nigeria’s rapidly growing tech ecosystem.

On July 31,2024 Google for Startups Accelerator Africa announced its 8th cohort of 10 startups joining its Africa Accelerator Programme, a three-month virtual initiative designed to help African startups leverage technology to address some of the continent’s most pressing challenges.

Chosen from nearly 1,000 applications, the startups from Ghana, Kenya, Nigeria, South Africa, and Uganda demonstrate the vibrant talent and innovation within Africa’s tech scene.

Google highlighted the crucial role startups play in driving economic growth and technological progress in Africa.

“These startups are not only creating jobs but also improving living standards by developing tailored solutions to local challenges, Google noted, despite the ongoing “funding winter” in Sub-Saharan Africa.

Since its launch in 2018, the Google for Startups Accelerator Africa programme has supported 106

startups across 17 African countries, helping them raise over $263 million and creating more than 2,800 direct jobs, underscoring the programme’s impact on the continent’s tech landscape.

This year’s cohort focuses heavily on artificial intelligence, emphasizing the role of advanced technologies in addressing Africa’s critical challenges.

The N100 million fund is designed to support Nigerian startups leveraging Artificial Intelligence (AI) to develop innovative solutions, and this initiative is part of the broader National AI Strategy published in August, 2024 aimed at integrating AI into various sectors of the Nigerian economy to drive growth and societal well-being.

The AI Fund provides Nigerian startups with the resources they need to develop and scale their AI solutions.

The NCAIR believes that AI has the potential to address local challenges and contribute to Nigeria’s economic growth. By supporting Nigerian startups, the NCAIR hopes to foster homegrown innovation.

Artificial Intelligence has the potential to revolutionize various industries and sectors in Nigeria. From agriculture and healthcare to education and finance, AI can improve efficiency, productivity, and decision-making. By investing in AI, Nigeria can position itself as a leader in the global technology landscape.

In April 2024, the Ministry held the Artificial Intelligence Strategy Workshop bringing together key stakeholders to discuss the future of AI in Nigeria. This was followed by the release of the National AI Intelligence Strategy in August, which outlined the country’s road map for integrating AI into various sectors to enhance growth and societal well-being. The AI Fund is a significant step in actualizing these plans, providing Nigerian startups with the necessary resources to innovate and scale their AI solutions.

The AI Fund is open to Nigerian-based startups that are focused on AI-driven technology solutions with the potential for significant impact.

Selected startups will receive up to 10 million in funding, along with access to Google's extensive resources, including AI tools, mentorship, and a global network designed to help them scale their innovations.

When it rose from its 2024 yearly conference last week,the International Standard Organization (ISO) listed a number of issues relating to AI including standards to follow and ethical practices.

“With an ability to synthesize, analyse and act on enormous amounts of data in seconds, artificial intelligence is extremely powerful. As with any powerful technology, it is crucial we implement it responsibly to maximize on its potential while minimizing negative impacts”, ISO wrote.

For example, if trained using unscrutinized data, AI can replicate harmful biases about race, religion, upbringing or other human characteristics. This could be potentially disastrous if embedded in artificial intelligence used in health, recruitment, law or other human-centred applications.

Aragba-Akpore is a member of THISDAY Editorial Board

Editor, Editorial Page PETER ISHAKA

Email peter.ishaka@thisdaylive.com

A NATION OF HUNGRY PEOPLE

Government should do well by addressing the issue of insecurity across the land

The growing number of hungry Nigerians, according to the latest Cadre Harmonisé analysis on national food insecurity, “is driven by the lingering insecurity which is driving high levels of agricultural livelihood disruptions and losses, abnormal Consumer Price Index rate increase, dollar-naira exchange depreciation rate, petroleum product subsidies removal and its negative consequences on transportation and overall living cost.” As of June, the number of Nigerians grappling with food insecurity had reached a whopping 31 million. “Unless targeted humanitarian actions in the forms of food assistance, emergency agricultural support and resilience livelihood re-building interventions are urgently implemented among the risk populations, their FNI situation may deteriorate further,” the report stated.

The United Nations World Food Programme (UNWFP) has warned repeatedly that millions of Nigerians are at thecent data compiled by an international e-commerce organisation also revealed that the average Nigerian household spends about 60 per cent of its income on food, the highest in the world. Insecurity in many of for farmers to engage in agricultural production optimarket disruptions with attendant food price shocks. For years, the cost of the general insecurity, particproduction and cost of living. Staples such as beans and tomatoes have seen astronomical surge in prices, high food prices are ironically major food-producing belt in peace times. Sokoto, for instance, is a major producer of beans, cowpea, groundnut, garlic, wheat, sugarcane, pepper, onions, and tomatoes, while groundnut, sorghum, sesame seed, maize, potatoes, tomatoes, onions, and pepper are produced extensive-

ly in Plateau State.

With the support of the federal government and the United Nations (UN) systems, the Cadre Harmonisé, an initiative focused on food and nutrition analysis, conducts studies biannually (in March and October) across 26 states and the Federal Capital Territory (FCT). “Food insecurity and malnutrition are among the main drivers of humanitarian need in the BAY (Borno, Adamawa, and Yobe) states,” said the head offairs (OCHA) in Nigeria, Trond Jensen. “People have been forced to adopt negative coping mechanisms such as survival sex and child labour to stay alive. Over the past year, dozens of farmers have lost their lives, and others have been abducted or injured while eking out a living outside the security perimeters of Borno’s garrison towns due to limited farming lands and few or no livelihood options.”

The cost of the general insecurity, particularly in the north has adversely affected agricultural production and cost of living

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

EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA

GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, ISRAEL IWEGBU

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

While urging federal and state governments in Nigeria, donors, and other stakeholders to commit resources and implement measures to avert a potential food and nutrition disaster, the UN warns that timely action is of essence. According to the Worldvid Stevenson, the hunger crisis in Nigeria, fuelled by -

for us to build pathways to production and achieve the northeast’s potential as the food basket of the country”, he said.

Since food is needed for survival and well-being, there is a need for urgent intervention to avert a human catastrophe in the country. With the fear of malnutrition for millions of children (and mothers) who are deprived of a healthy and productive life, the sitcommunities across the country has only compounded the woes of millions of Nigerians. We therefore enjoin authorities at all levels in the country to come up with practical solutions to the challenge of food security in Nigeria.

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.

BOKO HARAM: THE UNFINISHED BUSINESS

Boko Haram’s audacious attacks in Yobe have served notice to the Tinubu presidency that tales of the Islamic extremist group demise are greatly exaggerated.

Early this month, Boko Haram sunk its scythe into Mafa in Yobe State. By the time it wiped the blood-stained scythe on the body of its last victims, about 80 persons lay dead with many more injured or uprooted from their homes in attacks that recalled the worst days of the terrorist group.

Nigerians would rather forget the year 2009 for it was when Boko Haram rejigged its operations and launched an onslaught against the Nigerian state. Things have never remained the same.

Communities have been torn apart, lives turned upside down and livelihoods eviscerated as non-state actors co-opting the instruments of force, have repeatedly forced the Nigerian state to its knees with daring acts of terror.

Insecurity sits heavy on large swathes of the country like a fatal

The most insidious consequence of Boko Haram’s atrocious audacity is the weakening of the security architecture of the Nigerian for the group, exposing in the process the soft underbelly of the

Nigerian state.

Emboldened by Boko Haram’s successes, many equally ferocious terrorist groups have banded, battering the country from every angle, and causing rampaging anxiety.

While Boko Haram has rarely launched attacks in Nigeria’s major cities, apparently deterred by the concentration of security, rudeadlier than the last, have dashed the serenity and tranquility of rural areas, exposing the most vulnerable Nigerians to impossible conditions.

their country’s demise started, but there is no doubt that insecurity unless contained will be the undoing of this fragile house of cards.

With the honeymoon well and truly over for the Tinubu presidency and the last condensation of competence and clarity evaporating with alarming speed, the government is struggling to answer the questions pouring in from all angles about the Nigerian conundrum.

Why has the country failed so tragically to lay a glove on the security challenges raging for more than a decade now despite spending billions of dollars? Why does the nagging sense of inse-

curity Nigerians feel only grow by the day in a country that should have no problems securing lives and property?

One ready-made answer is to be found in the disingenuousness distractions such as rounding up protesters and activists rather than facing graver matters of state. The miscalculation of such a who sprints after rats while their house burns.

While the government is always so eager to disembowel discontent and dissent with force, its agents predictably come second best when engaged by true forces of destabilization.

Nigeria must now convoke a national inquiry/ inquest into why insecurity persists in the country, reducing lives and livelihoods to clear that there is something that is not being done right.

that was Kaduna and Benue States under the previous administrawriggle clear of the wrenching burden that insecurity imposes.

Ike Willie-Nwobu, Ikewilly9@gmail.com

CRIME&PUNISHMENT

Paternity Fraud: Should Offenders Go to Jail?

Otubu (not real name) was a successful banker in the late 90s. He was adored by all. Savvy, handsome and intelligent. He was considered a very spiritual one and even headed A Pentecostal church in the highbrow area of Lagos. Good job, good connections and a happy home. Things were going smoothly until the bubble burst when it was alleged that he went into an illicit affair with a church member’s wife and fathered the only two children of that union.

It was proved by DNA.

That was the end of the union, and the savvy banker quit his job and pastoral life and fled the country. He returned to the country not too long ago and tried to warm himself back to society, but his tainted image was not forgotten.

If Otubu’s case was pathetic, it was a celebrated case that lasted several weeks when a Lagos business mogul found out that he did not father one of the children of his then-trophy wife. Painful and devastating, the woman was ordered out of the house with the illegitimate child. Of course, it ended the once-upon-a-time talk of celebrity matrimony.

For those who are familiar with a popular Yoruba programme being anchored by Oriyomi Hamzat on Lagidigbo FM, ’Kokoro Alate’, it was an emotional show of shame when a couple dragged themselves to the radio station over paternity issues. It was discovered that four children of the 23-year-old marriage did not belong to the man of the house.

Another new-generation bank top gun was also enmeshed in a paternity scandal when it was alleged and accused by the husband of one of his employees that he fathered his children under his nose. The pathetic case was the sudden death of the husband of the employee, and of course, the bank eased the man out of the system to avoid further damage to its reputation.

A Thisday report, ‘DNA Testing Bombshell: 1 in 4 Nigerian Men Not Biological Fathers’, written by a Senior Writer, Ms. Mary Ekah, lent credence to this biological alteration and misrepresentation that have been going on from time immemorial. It was a shocking report by Smart DNA, a leading DNA testing centre in Lagos, revealed that a staggering 27 per cent of DNA of paternity tests conducted came back negative.

The issue of paternity fraud, incidentally, like so many other frauds looking at it from the legal angle, is a fraud because it is

deceitful. However, from another perspective, it is an offshoot of matrimonial causes and issues related to marriage. The argument is, like other frauds for which the offenders are prosecuted and sent to jail, the matrimonial deception expert says it is a delicate one that will be difficult to criminalise.

Barrister Ben Abraham, the founder of Zarephath Aid (criminal justice reforms and legal aid), said, “It is a very delicate issue, and that is where one is going to be very careful because even in our criminal jurisprudence and laws, as we inherited from our colonial masters, it says that the husband and wife cannot be charged with the offence of conspiracy, for example. But then, it is one of the emerging areas, just as we have so many things in a global, in a world where so many things are going wrong, there is so much anxiety, there are needs coming up, and these needs bring up new areas that ask our jurisprudence, and therein we begin to see that there are so much lacunae that need to be filled.”

The legal practitioner added, “So, paternity fraud, as it’s called, is one of them. We have seen quite a number of big cases, and there are so many other cases, which are unreported, situations where a man stays with a woman and at the end of the day, after training the children up to university, sometimes after the marriage of the children to their spouses, the man discovers that he was not the father.”

Shifting away from what the law says, Abraham thinks it is a moral dilemma and issue. Again, when the issues are deliberated from the Christian, the Muslim, and the traditionalist angle, what does it portend?

“How does it sound from the religious angle that a woman deliberately, some of the time they have reasons, every woman has a reason for doing that. But let’s look at it from a deliberate angle,” Abraham explained. “Deliberately goes out, knowingly, saying that this man I am living with, either because the man cannot father a child, she knows, or because of other reasons, takes on another man, gets pregnant thereby, then hides it. There is a moral dilemma. There is a religious issue there. And when we begin to look at it, there is a thought dilemma.“

The issue of paternity extends beyond the couple involved. There is a third party: the child or children.

“When we talk about criminalising it, the main fraud which you have called it is, what happens to the

children in these illicit affairs? The family acceptability, the family acceptability and the stigma of the society,” Abraham stressed.

According to Abraham, the consequences are enormous—for instance, the pains of coming from a union now regarded as illegitimate.

“There are cultures that accept children born out of wedlock when the man fails to pay the bride price. Automatically, such a child becomes part of her biological mother’s lineage,” the lawyer explained. “The paternity ‘fraud’ goes beyond that as the biological father is not aware that a child is hanging over his neck somewhere. The popular saying is that ‘women only know the real father of her child’. And if the truth comes out, the man can even deny it.”

But can the law take its full course in this matter?

“Most men will tell you, this should be made an offence in our criminal code, and that woman should be sent to jail because she did evil,” said Abraham. “Our jurisprudence must be very well looked at to handle it. But don’t forget that in some cases, the bond has already existed between that

man and the children. We see it every day.”

The lawyer pointed out that sometimes the child is up to 12 years or 13 years.

“In some cases, it is a brilliant child. A child that is full of fun. And to break that bond now becomes another dilemma. So we now look at it from the entire gamut of situations facing the couple on the one hand, and then the larger family and then the society on the other hand,” Abraham reasoned.

He also highlighted the role of age.

“Depending on the man’s age, don’t forget. Younger men will get so angry and forget everything. A man in his 50s or 60s will look at it and still find a way to accommodate the child. The child looks at him as daddy. They bonded,” the legal practitioner noted. “That is also another dilemma in the school of jurisprudence. When we begin to talk about criminalising this, call it fraud.”

The lawyer admitted that Nigeria does not have “those laws that can effectively remand a woman in custody who cheated” but pointed out that “we have bigamy and all of that, which even as we speak

today, we don’t even know whether such offences even exist.”

Abraham, however, urged married couples to embrace openness in communication.

“The basis of marriage is openness. Nakedness. For Christians, as we read in Genesis when the first couple recorded in the Bible were naked and were not ashamed.

That is the first and primary law.

Of course, we see that so many women today have been denounced because of this so-called fraud,” the legal practitioner explained.

He recommended that a man “who is not fertile should come out clean.”

Abraham said, “We have such instances. And then someone will say, should two wrongs make a right? No. In a situation where the man is hiding it, the woman, on the other hand, should not have gone out to also get seed from outside.

A couple should, number one, be open.”

He also underscores the value of love in enshrining openness in a marriage.

“Again, the true love, which is the foundation of marriage, abhors secrecy of that nature. Or of any

nature that one knows that, at the end of the day will jeopardise the entire union. These women, in particular, will have their reasons,” stated the legal practitioner. “But what reason will at the end of the day justify the fact that a woman went out, took in for another man, brought children in the house of her husband, and kept it secret?”

Some men discover the secret that there is a love child.

“Depending on the stage, they may, after some time of pleading and talking, end up accepting the child or children and now know that the rest of their lives they are going to live with this burden. That is why criminalising it may not be very, very easy; the situations will end up being different.

“I know that most men nowadays are going for paternity tests, DNA tests, the genetic tests for their children secretly. All manner of things are coming up, showing the increasing rate of distrust. The bottom line is that couples need to get it right. Those who have problems should seek help. Open communication is key as this move will prevent irreparable damage.”

Chukwueke Family Feud: Court Stops Sibling from Dealing with Companies’ Assets

Wale Igbintade

The crisis rocking the family business of the Chukwueke family of Awaka, Owerri in Imo has snowballed into a legal battle, as the Lagos Division of the Federal High Court restrained Dr. Anthony Onuegbu Chukwueke, his two companies from dealing with the assets and properties belonging to Germaine Group of Companies.

Justice Ibrahim Ahamad Kala, in his judgment, granted an order of perpetual injunction restraining the second, third, seventh and eighth defendants, whether by themselves or through their servants, agents and or privies or whosoever is acting from dealing with the assets and properties belonging to the Germaine firms.

Listed as defendants in the suit are Germaine Sales Limited, Dr. Anthony Onuegbu Chukwueke, Onyx Multi Ventures Services Limited, Germaine Auto Centre Limited (Formerly Germaine Auto- Care Centre Limited),

Germaine Properties & Investment Limited, Ego Nwawuba Nigeria Limited, Mr. Emeka Okolo, Ajime Consulting & Management Limited, Chief Gerald Ndudi Chukwueke, Registrar General, Corporate Affairs Commission, Germaine Health Centre Limited, and Germaine Pharmaceuticals Limited.

The orders of the court were sequel to a suit filed before the court by a consortium of six lawyers on behalf of an aggrieved member of the family, Mr. Ambrose Uba Chukwueke, who is a major shareholder of the fourth, fifth, 11th, and 12th defendants’ companies complaining, about Dr. Anthony Chukwueke his blood brother’s alleged illegal antics to take over, control and exercise exclusive dominion over all of the assets and management of the companies

The plaintiff claimed that the Shareholders Agreement dated June 20, 2019 (Germaine Sales MOU), allegedly drawn by Dr. Anthony Chukwueke in collaboration with the trio of Germaine Sales

Limited, Onyx Multiventures, and Ego Nwawuba Nigeria Limited, merging with the fourth, fifth, 11th and 12th defendants’ companies into a ‘Group of companies” under the control and management of the Germaine Sales Limited without any meeting of the companies to vote as shareholders and pass board resolutions in compliance with the procedure set out by the Corporate Affairs Commission (CAC) and thus is null and void that should be set aside.

Counsel for the first to ninth defendants had argued that the creation of the ‘Group of Companies’ in the name of Germaine Sales is in the best interest of the companies as a whole to protect their assets, further their businesses, and promote the purposes for which the companies were formed, and in such manner as a faithful, diligent, careful and, ordinarily skillful manager would act in the circumstances.

However, Justice Ahmad Kala, in his judgment, said, ‘’This is not a

valid reason to circumvent the law and rules on corporate governance in claiming to have acted in the best interests of the companies when the evidence of the plaintiff is otherwise a case of being more Catholic than the Pope. The right of the members of the fourth, fifth, 11th and 12th defendants’ companies to vote on whether or not to restructure their companies and or to sell their shares is statutorily fortified and cannot be tempered by any other person, including the defendants in whatsoever manner and under any guise of gesture or goodwill like in the instant Dr. Anthony Chukwueke attempted doing in active collaboration with other defendants.

‘’I, therefore, find and resolve the lone issue for determination in favour of the Plaintiff. Having regards to the facts in support of the originating motion and the issues disclosed therein, the claim succeeded in terms of prayers one, three, four, nine and 12, the same are hereby granted as prayed.’’

Funke Olaode

Kayode Tokede

Five deposit money banks and 12 other top companies listed on the Nigeria Exchange Limited (NGX), paid the Federal Inland Revenue Service (FIRS), and other revenue agencies a sum of N790.7billion as tax expenses in half year (H1) ended June 30, 2024, a significant increase of 191.3er cent from N271.4billion in the corresponding half year of 2023.

The companies are made up of power generating companies, petroleum marketing, cement manufacturing, among other sectors operating in Nigeria and outside.

Aside from Nigerian Breweries Plc, and Dangote Sugar Refinery Plc that reported losses due to hike in operating expenses and foreign exchange losses, the combined

companies generated N2.24 trillion profit after tax in H1 2024, representing an increase of 101.4per cent from N1.11 trillion in H1 2023.

Aside from paying the statutory 30 per cent income tax, companies operating in Nigeria are meant to pay Education tax, National Information Technology Development Agency (NITDA) tax and Nigeria Police Trust Fund levy.

The tertiary education tax is imposed on every Nigerian company at the rate of 2.5 per cent of the assessable profit for each year of assessment, while the Act that established the Nigeria Police Trust Fund was meant to receive funds from a levy of 0.005 per cent of the net profit of companies operating a business in Nigeria and other various sources, which will be utilized for

the training and welfare of personnel of the Nigerian Police Force.

In the period under review, Seplat Energy paid the highest tax expenses, followed by Zenith Bank Plc.

Seplat Energy reported N175.99 billion tax expenses in H1 2024, representing an increase of 12302 per cent from N1.42 billion reported in H1 2023.

The company in its unaudited result and accounts for the period explained that, “The income tax expense of N175 billion for the interim period includes a current tax charge of N95.1 billion and a deferred tax charge of N84.4 billion based on the 2024 full year projected effective tax rate (ETR) of 72 per cent.

“This approach is in line with IAS 34 30c which states: “Income tax expense is recognized in each

interim period based on the best estimate of the weighted average annual income tax rate expected for the full financial year.

“Amounts accrued for income tax expenses in one interim period may have to be adjusted in a subsequent interim period of that financial year if the estimate of the annual income tax rate changes.

“The split between current and deferred tax charge was determined using management’s estimate of the full year weighted average effective annual income tax rate expected for individual taxable entities within the group.”

The huge tax expenses reduced the indigenous oil & gas company profit to N68.06 billion in H1 2024, an increase of 62 per cent from N42.03 billion reported in H1 2023.

Zenith Bank’s tax expenses stood at N149.03 billion in H1 2024, about 154.2per cent increase from N58.63 billion reported in H1 2023.

The lender reported N578 billion profit in H1 2024, about 98 per cent increase from N291.73 billion reported in H1 2023.

Analysts expressed the importance of companies remitting taxes to government agencies, stressing on the role played by listing on the Exchange that gives room for companies to be transparent in tax payment to government agencies where they operate.

They added that the new government reforms may hike tax expenses on listed companies.

The Vice-President, Highcap Securities Limited, Mr. David Adnori projected that listed companies

may be paying more taxes this year, stressing on its importance on shareholders’ return.

He expressed that failure to pay tax by listed companies might force the government to shut branches and truncate operations, stating that the tax system in Nigeria must be streamlined to enhance effective remittance in order not to create dispute between the company and the government.

He, however, added that tax remittance is meant to facilitate economic growth and companies must always oblige in promoting remittance, most especially to state governments where they have branches.

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama has hinted that over 80 per cent of Nigerians are interested in the Digital Assets industry, stressing on the federal government’s commitments at protecting investors.

Agama who stated this in Lagos said, “We need to be patient in getting everybody on board to be able to provide the guidance that is needed for us to grow this industry, we need to grow this industry together.

“Over 80 per cent of our population are interested in

this area and that is why the government is showing so much interest too. And if the government is interested in it, the government has a responsibility to protect the investors that will come into it.”

He, however, assured stakeholders in the Digital Assets space that it is ready to provide the necessary guidance that will grow the industry, create wealth for Nigerians and lead to economic growth and development.

He stated that the Commission is willing to be patient in ensuring that the majority of interested participants are carried along.

Agama said due to the

developmental role of the Commission, the SEC will develop the market while also ensuring that investors are protected adding that the Commission is stepping up its investor education mechanism to ensure that investors get the information they require to make informed investment decisions.

“We need to be able to educate people, to educate the citizens, to educate investors, to educate participants, because there’s something that we can take away in every investment, there’s a risk and that risk must be understood by the people.

“The SEC has a responsibility to

share that information with people that whatever you intend to do, you must be aware of these risks. So when you get into it, and if for any reason, things go the other way, you know exactly that you were aware you just decided to do it. Of course, investment is about risk reward, and that risk reward is, the higher the risk, the sweeter the reward, the lower the risk, the less the reward,” He stated.

He said the SEC Nigeria’s Approach to Digital Asset Regulation recognises the potential of blockchain and digital assets to revolutionize the capital markets and that is why the Commission has introduced

several measures to ensure that these innovations are harnessed responsibly.

According to Agama, “We introduced the Accelerated Regulatory Incubation Program (ARIP) and Regulatory Incubation (RI) Program: The ARIP and RI Program were designed to on-board firms operating in the digital asset space and provide a controlled environment to test new models, products, and services. These programs foster innovation while ensuring that robust consumer safeguards are in place. The recent approval-in-principle granted to two digital asset exchanges and five firms

participating in these programs is a testament to our commitment to enabling innovation.

“Our regulatory stance is clear, digital assets such as cryptocurrencies are classified as securities unless proven otherwise. We have established a registration framework that requires issuers and sponsors to prove their assets do not qualify as securities. This ensures that investor protection and market integrity are upheld while providing a level playing field for legitimate market participants.”

Of Inflation Decline and IMF Projections

With inflation easing for the second consecutive month, Nume Ekeghe writes on whether the earlier projections of the IMF on Nigeria’s inflation average are in sight.

Nigeria’s inflation rate moderated in August 2024, with the Consumer Price Index (CPI) dropping to 32.15 per cent, down from 33.40 per cent in July, according to the National Bureau of Statistics (NBS). This 1.25 per cent decrease reflects a slowdown in the rate of price increases, driven by moderating food and commodity prices. Despite the short-term relief, inflation remains 6.35 per cent higher than in August 2023, raising concerns over the country’s economic stability and the path ahead for meeting the International Monetary Fund’s (IMF) inflation target for the year.

IMF’S INFLATION PROJECTIONS FOR 2024

In its recent Article IV consultation, the IMF forecasted that Nigeria’s inflation would gradually ease to 24 per cent by the end of 2024. This projection is based on continued monetary tightening by Nigeria’s central bank and the anticipated improvements in key economic sectors like agriculture and oil. According to the IMF, inflation had already reached 32 per cent year-on-year by February 2024, largely driven by surging food prices, which soared by 38 per cent, and loose financial conditions.

The IMF noted that Nigeria’s reforms such as the removal of fuel subsidies, unification of official foreign exchange rates, and focus on revenue mobilization are key to stabilizing the economy.

“Determined and well-sequenced implementation of the authorities’ policy intentions would pave the way for faster, more inclusive, resilient growth,” the IMF stated.

However, inflation remains a critical hurdle, particularly as high food and energy prices continue to impact households.

FOOD PRICES’ PERSISTENT CHALLENGE

While the overall inflation rate eased, food inflation remains a significant driver of the country’s economic difficulties. Food prices rose

37.52 per cent year-on-year in August 2024, continuing to put pressure on consumers. Staples like bread, maize, and yam have seen steep price increases, while other essentials such as vegetable oil and palm oil remain elevated.

On a month-on-month basis, food inflation slowed slightly, dropping to 2.37 per cent in August from 2.47 per cent in July. The NBS attributed this to a reduced rate of increase in the prices of items like yam, Irish potatoes, cassava, and palm oil. Despite this marginal drop, the high year-on-year figure highlights the scale of the inflationary challenge, especially for food security.

URBAN AND RURAL INFLATION

DISPARITIES

The inflation divide between Nigeria’s urban and rural areas continues to widen. Urban

inflation stood at 34.58 per cent year-on-year in August, while rural inflation was recorded at 29.95 per cent. This disparity reflects the different economic dynamics between Nigeria’s cities and its more agrarian regions. Urban areas, which rely more heavily on imported goods and services, are particularly vulnerable to rising prices driven by currency fluctuations and higher transportation costs.

VARIATIONS IN STATE-BY-STATE INFLATION

Inflation rates varied widely across Nigeria’s states in August. Bauchi recorded the highest year-on-year inflation at 46.46 per cent, followed by Kebbi at 37.51 per cent and Jigawa at 37.43 per cent. On the other end of the spectrum, Benue (25.13 per cent), Delta (26.86 per cent), and Imo (28.05 per cent) saw the slowest inflation increases. These variations highlight

the uneven economic impact of inflation across different regions, with northern states often more affected by security challenges and disruptions in agricultural production.

ACHIEVING 24% INFLATION BY YEAR-END

Despite the positive steps Nigeria has taken, including monetary tightening and key reforms, the path to achieving the IMF’s projected 24 per cent inflation by the end of 2024 remains uncertain. Energy costs, particularly following the removal of fuel subsidies, continue to feed into transportation and production costs, keeping inflationary pressures high. Additionally, the naira’s depreciation has raised the cost of imported goods, further contributing to inflation. The IMF’s inflation projection hinges on the effective implementation of these reforms, along with improvements in agriculture and oil production, sectors that are crucial for Nigeria’s overall economic recovery. With GDP growth projected to reach 3.3 per cent in 2024, largely due to better security and sectoral improvements, there is optimism that inflation could be brought under control if these policies are implemented with precision.

ECONOMIC STABILISATION

Nigeria’s inflation rate saw a modest improvement in August, easing to 32.15 per cent, but it remains far from the IMF’s year-end projection of 24 per cent. The government’s reforms have created a foundation for economic stabilisation, but persistent inflation, particularly in food and energy, continues to weigh on household incomes and business costs. Achieving the IMF’s target will require sustained efforts to manage inflation drivers, such as food prices, and to stabilize the naira. While the 1.25 per cent drop in inflation from July offers hope, Nigeria’s economic policymakers still have a long road ahead to bring inflation under control.

As Pension Sector Maintains Growth Trajectory

In this report, Ebere Nwoji looks at the performance of the Contributory Pension scheme and review the growth trajectory recorded by the scheme, especially between the first and second quarter of this year.

ßThe Contributory Pension Scheme (CPS) going by its performance since inception, especially in the Q2 this year has apparently positioned the pension sector as one of the few sectors that have weathered the storm in the face of the ravaging economic downturn plaguing businesses and high inflation rate affecting businesses in the country.

Indeed, the sector’s performance in the second quarter of the year and various activities embarked upon by the regulator the National Pension Commission has proved that the CPS which Nigeria copied from Chile 20 years ago is, after all, not a mistake, having to a large extent improved the condition of pensioners in the country.

Going by the Q2 report on the sector released by PenCom, the pension sector has stood tall in terms of long term investible fund accumulation.

The sector currently sits on N20.48 trillion assets with over 100 million registered contributors.

The operators, after a critical look at their performance, admitted that it has not been wasted 20 years but years of reforms and achievements.

However, the sector operators said one of the major challenges of the CPS scheme over the years has been the need to get Nigerians see the value of financial planning through pension savings. According to the operators, after these 20 years of its existence, Nigerians know little or nothing about pension. They added that even those who know about the scheme do not have the trust as to understand that the sector is a protected industry as such there should be no fear of loss of the saved funds.

At the 2023 media retreat organised by the Pension Operators Association of Nigeria(PenOp), the umbrella body of Pension Fund Administrators (PFAs), the operators recalled that the condition of pensioners during the pre Contributory Pension Scheme (CPS) era was nothing desirable .They recalled that pensioners were nothing better than destitutes in different corners of the country, where they cluster to wait endlessly to collect their meager benefits .

The situation, they said, continued for many years due to lack of funding for the ‘Pay As You Go’ pension scheme practiced in Nigeria until in

June 2004 when the former President Olusegun Obasanjo instituted a massive reform in the pension sector having adopted the prevailing Contributory Pension scheme (CPS) from Chile to replace the Pay AsYou Go system.

The former President through the lawmakers enacted the Pension Reform Act that instituted the CPS establishing the National Pension Commission (PenCom) as the regulatory authority.

CPS AND ITS OBJECTIVES

The CPS which is contributory in nature is fully funded and is privately managed and ensures that every one who worked in Nigeria receives his retirement benefits as at when due. It covered all employees in public and private sector but exempts all workers who had three years or less to retire and persons covered by the provisions of section 291 of the constitution of federal republic of

Nigeria 1999. The main objective of the CPS is to ensure that every person that worked in either the public or private sector in Nigeria receives his or her retirement benefits as and when due.

One of the major difference between the old pension scheme and the CPS is that whereas the old pension schemes were not fully funded as such at retirement, the pensioners were not sure of getting their benefits due to paucity of funds, the CPS is fully funded. Money for settlement of workers at retirement is contributed and is waiting for collection at individual employee’s account ie Retirement Savings Account (RSA) .

The fund keeps growing as it is invested in various portfolio that yields interest with the result that today, the pension assets has grown from N2 trillion deficit to N20.48 trillion assets under management.

The funds keep on growing through yields from the various investments and

new entrants into the CPS scheme.

According to report recently released by PenCom, for the second quarter of this year, the sector has witnessed significant growth in the second quarter of this year compared to what it was in the first quarter.

PenCom said during the period, number of contributors into the CPS rose from 89,061 in Q1: 2024 to 100,063 in Q2: 2024. Just as remittance of contributions increased by 20.26 percent during the period from N314.17 billion in Q1:2024 to N377.83 billion in Q2:2024.

The commission in the report dated September 10, 2024 said overall pension funds and assets witnessed 4.17 percent growth from N19.66 trillion as at Q1:2024 to N20.48 trillion as at Q2:2024.

The commission said the sector recorded this performance despite the challenges in the economy generally.

“The Nigerian economic landscape in Q2 2024 continued to experience a mix of growth and significant challenges, particularly with the rate of inflation, increasing to 34.19 percent in June, 2024 from 33.20 percent in March, 2024. The increase led to an upward adjustment of the Monetary Policy Rate (MPR) by the monetary authority from 24.75 percent in Q1:2024 to 26.25 percent in Q2:2024. Many other factors including depreciation of the Naira, sluggish agricultural productivity and increased transport costs due to fuel subsidy removal and regional instability has continued to affect the economic landscape and ultimately disposable incomes,” it said.

Giving an update on Retirement Savings Account Registrations, the commission said a total of 100,063 new RSAs were registered and associated PINs issued to employees in different sectors in the quarter ended 30 June 2024. Before the CPS establishment, government had huge deficit of over N2 trillion in pension but twenty years after the establishment of the CPS, the scheme has accumulated over N20trillion invested in various portfolios and retirement benefits paid.

Oyebamiji’s Purposeful Leadership at NIWA

tWith boat mishaps frequently happening on Nigeria’s inland waterways, the federal government in October 2023 appointed Bola Oyebamiji as the Managing Director of Nigeria Inland Waterways Authority. One year down the line, the once turbulent tides are gradually becoming calmer, writes Oluchi Chibuzor

Since his appointment as Managing Director of the National Inland Waterways Authority (NIWA), Bola Oyebamiji has transformed the once moribund agency by reforming internal processes and its engagement with stakeholders. Staff of the agency are now smiling with their welfare now enhanced. For them Oyebamiji has achieved so much in a short time because he is not one to sit down in the office in Lokoja and call the shot. “he is very much in charge and does not shy away from his responsibilities,” said an official of the agency. For most part of his one-year in office as NIWA MD, the former Osun State Commissioner of Finance have crisscrossed the length and breadth of the nations inland waterways, ensuring that there are less accidents on the waterways and that moribund waterways facilities and watercrafts are replaced.

PERFORMANCE BOND

Immediately after his appointment, Mr. Bola Oyebamiji came up with a Performance Management System (PMS) for management staff of the Authority.

The NIWA MD during his maiden Management Retreat with the management team, warned management and staff against compromising their duties and responsibilities.

Bola Oyebamiji said that the Performance Management System (PMS) which has now replaced the hitherto Annual Performance Evaluation Report (APER) has become a veritable tool to measure performance and to reward staff accordingly.

The MD gave the warning during the Special Retreat for the Management staff of the Authority themed “Repositioning NIWA for excellence”.

He said while some staff are to design policy directions, others have been picked to be the drivers of such policies.

The Retreat witnessed the signing of a Performance Bond by the management staff to ensure set targets are achieved.

“As the Honourable Minister of Marine and Blue Economy and the Permanent Secretary have signed a performance bond with Mr. President, I have equally signed my performance bond with the Honourable Minister and the Permanent Secretary, and today, the NIWA management team will be signing a performance bond with me to ensure everybody delivers on their mandate,” Bola Oyebamiji stated during the Retreat.

LANDMARK COMMISSIONEDPROJECTS

In the last one year of leadership of NIWA under Bola Oyebamiji, the agency has seen the commissioning of 15 boats of varying capacities and purposes, designed to enhance surveillance, safety enforcement, and emergency response on Nigeria’s inland waterways.

Notably, the commissioned fleet comprises three surveillance boats, five safety enforcement boats, a gun patrol boat, a 62-seater passenger boat as a pilot scheme to replace traditional wooden canoes, three water ambulances, and two hydrographic survey boats equipped with multi-beam echo sounders.

Speaking during the commissioning of this projects, the Minister of Marine and

Blue Economy, Gboyega Oyetola stated that, “The Federal Ministry of Marine and Blue Economy is determined to maximize the comparative advantages our maritime resources present in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda. These initiatives fulfill our commitment to ensuring our inland waterways are well-utilized for both cargo shipment and passenger transportation.”

TRANSPORTATION CODE

Also under the NIWA leadership of Bola Oyebamiji, the federal government through the Ministry of Marine and Blue Economy launched the Inland Waterways Transportation Regulations 2023 otherwise referred to as Waterways Transportation Code.

The Waterways Transportation Code is expected to significantly standardise water transportation, minimise accidents, and provide a structured environment for potential investors.

Commenting on the speedy gazetting of the Waterways Transportation Code, the NIWA Managing Director stated that, “After receiving my appointment letter,

the Minister of Marine and Blue Economy charged me to find a lasting solution to incessant accidents on the Waterways.

”In response to that charge, my team and I have already put measures in place to address that situation. The first thing we did was to ensure that the Inland Waterways Transportation Regulation (2023) for safety regulations on the inland waterways was gazetted.

“The process to have the code gazetted had been on for so many years. However, within six months, we have been able to conclude the process and the code have been launched by the Honourable Minister of Marine and Blue Economy.

“The Code will guide the operations of boat operators on the inland waterways, regulate the conduct of passengers using the waterways; and provide a framework for potential investors in water transportation. This would no doubt help to eliminate incessant accidents on our Waterways.”

SAFETY ON INLAND WATERWAYS

To ensure that the waterways remain safe for the movement of goods and passengers, the Authority, under the supervision of the

Nigeria has about 10,000km of waterways in this country, but anytime you search via Google, you would always find out that only 3,000km are navigable. I have given the Area Managers a target of increasing navigable waterways in Nigeria from 3,000km to 5,000km. This means that as part of the deliverables that I gave the area managers; NIWA has to dredge an additional 2,000km of waterways to meet the target of 5,000km of navigable inland waterways. On the issue of wrecks, I gave each Area Managers numbers of wrecks to remove. Lagos, being our busiest area, got a target of five wrecks to remove yearly. Again, on boat operations, I expect 2,200 boats to be licensed every year in Lagos. Also, I have charged the Lagos Area Manager to train and license 1,500 skippers every year.”

Ministry of Marine and Blue Economy led by Chief Oyetola launched 80 Water Marshals to monitor critical loading and offloading points across different locations in the country. This initiative, as mentioned by the Honourable Minister of Marine and Blue Economy in Lokoja, is to reduce rate of accident on the waterways by enforcing the Transportation Code at all times. Similarly, the Bola Oyebamiji led management team has made safety campaigns a priority across the country. In a new wave of media campaign, NIWA has commenced aggressive safety campaigns across all loading points through its area offices using the local languages. This is in addition to the ongoing safety campaigns in national dailies, television and radio stations in the country.*

INVESTMENT DRIVE

In a bid to attract private investments to enhance the nation’s Blue Economy initiative, the management of NIWA under Bola Oyebamiji recently took a tour of the Onitsha, Warri and Port Harcourt Offices of the authority.

Speaking during the tour, the NIWA MD called for deeper private sector participation in the blue economy initiative with a view to harnessing greater benefits for national development.

Oyebimiji also said that NIWA is determined to revamp the nation’s economy by consolidating on Public/Private Partnerships (PPP) initiatives.

In the words of the NIWA Managing Director, “This initiative is part of our deliberate plans to open up new opportunities to maximized full economic potentials of the nation’s waterways.

“The PPP is the way to go but we need people or investors, who have genuine intentions and purposes to enable us align with President Bola Tinubu’s Renewed Hope Agenda for economic recovery.”

The agency boss tasked the staff to live up to expectation by working harder in revenue generation that could open rooms to better their welfare.

He warned the staff against indolence and laxity since he was committed to staff welfare and revenue generation.

PROSPECTS

As part of efforts to expand Nigeria’s navigable waterways, the NIWA MD upon assumption of office, charged his Area Managers to increase the number of navigable waterways that the country currently has from 3,000kilometres to 5,000km of navigable inland waterways.

Oyebamiji, the agency would licence 2,200 boats annually in Lagos and train 1,500 skippers before the end of 2024.

The NIWA boss stated that Lagos being the hub of inland waterways activities in Nigeria had already seen the deployment of five patrol boats to monitor activities on the state waterways.

“Nigeria has about 10,000km of waterways in this country, but anytime you search via Google, you would always find out that only 3,000km are navigable. I have given the Area Managers a target of increasing navigable waterways in Nigeria from 3,000km to 5,000km. This means that as part of the deliverables that I gave the Area Managers, NIWA has to dredge an additional 2,000km of waterways to meet the target of 5,000km of navigable inland waterways.

“On the issue of wrecks, I gave each Area Managers numbers of wrecks to remove. Lagos, being our busiest area, got a target of five wrecks to remove yearly. Again, on boat operations, I expect 2,200 boats to be licensed every year in Lagos. Also, I have charged the Lagos Area Manager to train and license 1,500 skippers every year.

“Also, another target I gave the Area Managers was tied to the number of jetties that NIWA has. I asked them to give me the number of jetties that they want to add to what they already have. In the next four years, we need to know the number of jetties that we will want to build so that by 2027, we would have said that these numbers of jetties were built during this period.

“So, all this formed part of the targets that I gave to each Area Manager during our meetings so that they can measure their performances in offices yearly. This will let everybody have a sense of direction and know what they are expected to do,” Oyebamiji added.

Oyebamiji

The Pantheon: Timeless Elegance in Lagos

The Pantheon epitomises the pinnacle of architectural excellence. The building seamlessly blends functional and emotional elements of office design to create an environment that elevates productivity and well-being. Bennett Oghifo writes

The Pantheon is a beautifully designed, high quality office development, located in the heart of high brow Ikoyi. Lagos State. It is valued at approximately $100 million.

The Pantheon, developed by Tengen Properties Ltd, sets a high standard marked by the Nigerian Real Estate Sector. It also stands as a formidable companion to global alternatives.

This edifice is crafted by visionary developers for the most discerning corporate players. Designed and finished to the highest standards, this landmark development features cutting-edge design, flexible office spaces tailored to suit diverse business needs, and an array of world-class amenities.

The Pantheon is strategically located to ensure swift access to Lagos International and Local airports. Adding to the allure of The Pantheon is Café THEO, established for occupants and visitors to deliver a luxury culinary gastronomic experience, a step away from the office. This thoughtfully designed space is perfect for business meetings, casual catchups, and moments of relaxation. The Pantheon sets a new benchmark for excellence in the workplace, with state-of-the-art security measures that ensure a safe and secure environment for all occupants. The building’s low energy credentials, combined

with superior connectivity and ease of access, make it a model of sustainability and efficiency.

Aigboje Aig-Imoukhuede, Co-Founder of Tengen Family Ecosystem said: “This is a building for tenants with very high environmental sustainability standards; we infused modernity with timeless tradition. It’s a testament that Africans can come up with world-class edifices that will stand the test of time, just like the Romans did several centuries ago. This timeless elegance gives you the opportunity to be anywhere in the world whilst you are in Lagos. The Pantheon is for us in Africa.”

The Pantheon offers tailored office solutions that cater to the unique needs of businesses. This development is designed to set a new standard in

luxury, blending innovation with sophistication and creating an ideal environment for growth and innovation.

Chizoba Ufoeze, CEO of Tengen Family Office, adds, “The Pantheon is more than just a development; it is a transformative space that embodies the future of commercial real estate in Africa. It’s crafted for those who seek the highest standards of elegance and innovation, blending sophistication with functionality to create an unmatched environment for businesses to thrive.”

The Pantheon stands as a symbol of excellence and a beacon of opportunity, inviting businesses and individuals to experience the unparalleled advantages of Africa’s leading-edge commercial development.

The Pantheon

L-R: Media Resources Lead, Shodan Pharmaceuticals Limited, Miss Oshime Gbafe; Vice President, Shodan Pharmaceuticals, Daniel Okeoma; and Director, AlphaCrest Consulting, Emmanuel Emeh, during the media briefing to unveil the Sitfine Toilet Seat Sanitizer by Shodan Pharmaceuticals Limited in Lagos...recently

Corporate Affairs and Regulatory Director, International Breweries Plc

Counsel,

Temitope Oguntokun; Managing

Marian Reginald-Ukwuoma; and Independent Non-Executive

L-R: Chief Strategy and Growth Officer, RegTech Africa, Faidat Abdullahi; Experiential Marketing Associate, Moniepoint Inc, Mary Edet; Software Engineer, Wikimedia Foundation, Ehi Enabs; Employer Branding Lead, Moniepoint Inc, Gbemi Adekanmbi; and Ecosystem/Partnerships Director, Propel Wamide Animashaun, during the Moniepoint Women in Tech 4.0 Mixer held in Lagos...recently

L-R: Business Development Manager, Interswitch Financial Inclusion Services, North Region, Amarachi Mba; Sales Executive, North Central Interswitch, Folashade Lawal; legal practitioner, Adeleye David; and Head of Sales, North Central Interswitch, Michael Obinyan; during the Quickteller Paypoint Customer Regional Engagement Forum held in Abuja...recently PHOTO: KINGSLEY ADEBOYE

L-R: Chief Executive Officer, Promasidor Nigeria Limited, Francois Gillet; Secretary to Ekiti State Government (SSG), Dr. Habibat Omolara Adubiaro; and Promasidor Corporate Affairs Director/Chairman, Ikun Dairy Farm Limited, Dr. Eno Udoma-Eniang, during a visit of the management of Promasidor Nigeria to Ekiti State Government House…recently

The Director-General, National Youth Service Corps (NYSC), Brigadier-General Yushau Dogara Ahmed (second right), with the 2024 Batch ‘B’ Stream II Corps Camp directors during his visit to address NYSC members and camp officials in the Taraba State Orientation Camp...recently

L-R:

(IBPLC),

Director, IBPLC, Carlos Coutino; Chairman, Board of Directors, IBPLC, HRM Nnaemeka Achebe, Company Secretary/Legal

IBPLC,

Directors, IBPLC, Olutoyin M. Odulate and Nkechinyere Chijioke Ugochukwu, at the IBPLC 47th AGM held in Lagos...recently

PHOTO: ABIODUN AJALA

Advocating for Multilingual Education to Bridge Urban-Rural Divide, Boost Literacy

At the 2024 commemoration of International Literacy Day by QEDA recently, experts in the education sector called for attitude change to promote and embrace multilingual education by enhancing teachers’ capacity to effectively implement language policies, as well as addressing the issue of identity and the gap between the urban and rural areas and the issue of low literacy. Funmi Ogundare and Kuni Tyessi report

Quality Education Development Associates (QEDA) recently joined the rest of the world to commemorate the 2024 International Literacy Day, set aside every September 8 to highlight the importance and value of literary education for individuals and groups and provide benefits for the wider global culture. With the theme, ‘Youths as Vanguard for Multilingual Education to Achieve Peace and Mutual Understanding’, the organisation brought together stakeholders drawn from the media, influential voices on social media, teachers, policymakers, and youth advocates for a round table discussion.

To promote equitable access to quality education and improve learning outcomes, the discussion centred around the following: What is multilingual education? Multilingual education: Where are we and where do we want to be? Role of Youths and Media in promoting Multilingual Education for peace and Mutual understanding. The stakeholders called for a change in attitudes to promote and embrace multilingual education by enhancing teachers’ capacity to implement language policies effectively. They emphasised that teacher education should focus on developing competence in multilingual pedagogy, creating educational resources such as textbooks and teaching materials, and integrating technology by developing a language app.

They also called for research to generate evidence-based, locally-driven solutions catering to all learners. They explained that these efforts would help children become bilingual, improving their reading skills and career prospects. Earlier in his remarks, QEDA Team Lead and Founder Mr. Nurudeen Lawal, who has been promoting literacy for 25 years, emphasized that Africa’s solutions to its challenges lie within the continent.

Prof. Talatu Musa Garba, an expert in language education, highlighted that Africa’s future depends on its youth, and to make them advocates for education, their interest in multilingual

learning must be fostered.

“Youths should take ownership of their education and advocate for policies prioritising multilingual learning environments,” she said.

Garba, who chaired the event, added, “It is important for Nigeria to explore different models of multilingual education.”

The guest speaker and executive chairman of the Abia State Universal Basic Education Board, Mrs. Lydia Onuoha, emphasised the theme’s significance, noting that multilingual education fosters

understanding across diverse cultures.

“Supporting multilingual education helps bridge divides between groups, promoting peace and unity. This year’s theme is timely for Nigeria as it will enhance access to education while preserving cultural diversity,” she stated.

Onuoha also stressed that literacy is crucial for human and social development, gender equality, and societal survival. She advocated for improving children’s learning outcomes by starting with familiar languages and integrating technology.

She stated that out of 52 African countries,

Nigeria ranks number 35 in literacy level, just as over four million teachers are needed globally to tackle the issue of acute teacher shortage. So far, the chairman noted that it has been discovered that 4.7 million Nigerian children speak pidgin as their first language. She said while the Nigerian educational curriculum favours multilingual language, the challenges, which include survival instinct, rural and urban influence, and socioeconomic vibes, must be addressed.

Reiterating that there are policies surrounding multilingual education, but with poor policy implementation, better terms are needed to describe indigenous languages and help children transition from indigenous languages to English. She stated, “Nigeria ranks number 35 in Africa regarding literacy level. There is also the issue of teacher shortage. I thought it was just in Nigeria until I saw the paper from the last UN Assembly, where it was stated that it is a global problem. The world right now needs four million teachers to tackle the issue of teacher shortage.

“We have to address the issue of identity as well as the gap between the urban and rural divide and the issue of low literacy. The very big problem in Nigeria right now is the issue of disunity, insecurity and people so divided along several lines, and a good instrument to promote peace right now is our diversity in all the over 500 languages in Nigeria.”

Onuoha added, “We must address all the issues in order for us to change our narratives. There’s also the issue of rural and urban influence, as well as socioeconomic vibes, coming to bear on where they are. So another language other than their indigenous languages overshadows their mother tongue, but again, for economic reasons, the survival instinct plays more role here.”

NOTE: Interested readers should continue in the online edition on www.thisdaylive.com

Expert Decries Effects of Technology on Knowledge Production, Calls for Vigilance

Uchechukwu Nnaike

A professor of English Language at the University of Lagos, Akachi Ezeigbo, has called for vigilance in mitigating the effects of technology use on knowledge production. She regretted that students are using technologies with increasing dexterity to circumvent rules to pass examinations and win popular competitions.

Ezeigbo, who was the chief examiner at the just-concluded Mike Okonkwo annual essay competition for Nigerian secondary schools, noted that AI apps like ChatGPT, Google Assistant and Gemini, and online commercial writers who generate essays and sell to students have because normal features of the country’s educational system. She, however, described the seven finalists of the Mike Okonkwo Essay Competition as a glimmer of hope, saying that they used

their hearts and heads to engage with issues within the ambits of knowledge production methodologies.

“They are the ones who, through original thinking, generate the content on which technology leeches. We must, therefore, encourage them to sharpen their thinking and critical skills by acknowledging their contributions and rewarding their efforts,” she said.

According to her, out of the 551 essays received this year on the topic, ‘Nigeria’s Pathways: Diagnosis and Prescriptions’, 341 showed direct evidence of infractions.

She added that apart from the eight participants invited to the second and validation round of the competition, others fell below the quality threshold of 50 per cent.

The chief examiner stated that only

seven candidates turned up for the second round, and “we tested their familiarity with current events by asking them to produce essays on the topic, ‘Protest Against Misgovernance: The Gains and the Pains’.”

She added, “They responded to the challenge by producing intriguing extempore descriptions and analyses of everyday life as they observe it in contemporary Nigeria.”

The winner of the competition, Flourish Olaoye of Christ the King International School, Gbagada, received a cheque for N500,000, a trophy and a plaque, while her school got a set of computers.

The first runner-up, Nora Femi-Lawal of Chrisland High School, Lekki, got a cheque for N250,000 and a plaque, while her school also received a set of computers.

The second runner-up, Esther Olayimika of Corona Secondary School, Agbara, got a cheque for N150,000 and a plaque, while

her school got a computer set.

The other finalists received a consolation prize of N20,000 each.

Delivering the 23rd Bishop Mike Okonkwo annual lecture, ‘Nigeria’s Pathways: Diagnosis and Prescriptions’, Kanu Agabi (SAN) identified some of the challenges in Nigeria, including corruption, disregard for the constitution and the rule of law, dismissing the nation as an artificial creation, difficulty with free and fair elections, challenges posed by the legal system.

He stated that the country is not self-reliant, and the education offered to youths does not equip them for life.

Agabi also regretted that the country had been characterised by the assimilation of the opposition by the government and that the scale of the crime is beyond the capacity of the law enforcement agents to cope with, among other challenges.

UniAbuja Faces Criticism for Allegedly Lowering Standards for VC Recruitment

Funmi Ogundare

A group known as the Concerned Citizens’ Forum has criticized the Governing Council of the University of Abuja for allegedly attempting to recruit an unqualified professor as the new vice-chancellor following the expiration of Prof. AbdulRasheed Na’Allah’s tenure on July 1, 2024. According to the group, certain individuals are determined to undermine academic and recruitment standards and administrative competence at the Federal Capital Territory (FCT) institution.

The group’s President, Ajiboye Bolanle, and

General Secretary, Tunde Adams, who expressed concerns in a statement, noted that the plan is to appoint a candidate lacking the necessary qualifications.

“To achieve this unwholesome objective, merit seems to have been disregarded,” the statement said.

The university had earlier advertised the vice-chancellor position, specifying the required standard qualifications, which clearly indicated that unqualified candidates should not apply.

A copy of the advertisement, published in the Daily Trust newspaper on March

15 and obtained by THISDAY, outlined that under the Universities (Miscellaneous Provisions) Act, 1993 (as amended), candidates must be professors with at least five years of experience in a recognised university. Candidates were also required to demonstrate academic leadership, administrative capabilities, and a record of high-level academic productivity in reputable journals such as those defined by Thompson Reuters ISI, Web of Science, and other similar scholarly platforms.

However, after a new governing council was constituted, another advertisement was published on August 26 by the university with altered

requirements. The new advertisement emphasised that candidates must be accomplished professors with a doctorate in one of the disciplines offered by the university, have a minimum of 10 years of active teaching and research experience, and show evidence of postgraduate supervision for at least five years, among other criteria.

The Concerned Citizens’ Forum claimed that the candidate being pushed forward does not meet these qualifications. The new advertisement appears to have lowered the standards to favour a specific individual hastily prepared for the role. They expressed concern that such actions could degrade the institution’s academic standing.

Stakeholders at the roundtable to commemorate the 2024 International Literacy Day in Abuja...recently

Dialogue on Securing, Harnessing Nigeria’s Maritime Environment, Blue Economy

Chiemelie Ezeobi writes that the maiden workshop of the International Maritime Institute of Nigeria, IMION, in collaboration with Sequential Development Solutions, which held in Lagos recently, was a timely dialogue not just to secure Nigeria’s vast maritime environment but also to harness the potentials of its maritime resources and Blue Economy

When the International Maritime Institute of Nigeria (IMION) was inaugurated on Saturday, June 1, 2024, by the Chief of Naval Staff (CNS), Vice Admiral Emmanuel Ogalla with support from the Chairman Senate Committee on the Navy, Senator Otunba Gbenga Daniel, the objective was clear- the institute was to serve as confluence for international maritime discourse and the vehicle for articulating maritime strategy on the African Continent.

According to the Director of Information, Commodore Aiwuyor Adams-Aliu, IMION is the platform/think-tank for maritime strategic thinkers, practitioners, and allies to interact, share ideas, and research into maritime strategic affairs affecting the Gulf of Guinea (GoG) & beyond as it would focus on discourse of thematic areas such as maritime & ocean governance, maritime security, law enforcement, hydrography, blue economy, climate change amongst others.

So for its maiden outing, the institute of Friday, September 14, 2024, held a workshop at Nigerian Navy Ship (NNS) Quorra auditorium in Apapa, Lagos, on Maritime Security and Blue Economy where the clarion call was to harness the potential of Nigeria’s maritime resources and address the security challenges therein.

Held in collaboration with Sequential Development Solutions, the Director General (DG) of IMION, Rear Admiral Thaddeus Udofia (Rtd) said the Gulf of Guinea (GoG) had become a hotspot in global maritime security, with nations within and outside the region taking notice of its strategic importance, thus the need for collective action to address the challenges in the region.

He said: ” The issues that have been responsible for this state of affairs include the lack of common standards and facilities for maritime

training, as well as weak conditions for information sharing amongst the various stakeholders working within the maritime space.

“This informed the decision by the International Maritime Institute of Nigeria, being the lead institution saddled with the responsibility of proffering guidance towards sound policy formulation, that would ensure a safer and more secure maritime environment for the Blue Economy to thrive, to organise this maiden workshop in collaboration with Sequential Development Solutions.

“The ripple effects remain enormous, as the outcomes of this workshop, when implemented, would go a long way in ensuring that the Blue Economy, which is blessed with plenty of resources, is being tapped, which would guarantee

positive outcomes in the economic value chain. This, by itself, is considered a major step towards building capacity to effectively tackle current and emerging maritime security challenges in the country.”

Reiterating that the multifaceted crimes that occur within the maritime environment can be tackled headlong, he harped on the implementation of the resolutions of the workshop which included strengthening cooperation with national and international maritime stakeholders, increased compliance with environmental regulations and sustainable practices as well as contributing to the sustainable development of Nigeria’s maritime sector.

While appreciating the Chief of the Naval Staff, Vice Admiral Emmanuel Ogalla, for his support towards the actualisation of this maiden workshop, Udofia said it increased m participants’ understanding of the Blue Economy

and its importance to Nigeria; increased their capacity to support and protect sustainable maritime activities; while strengthening cooperation with national and international partners.

He further hoped that the knowledge impacted on the participants would form a solid base to enhance quality decisions to tackle the security challenges in the nation’s maritime domain and hence unlock the full potentials of the Blue Economy towards promoting sustainable development amongst others.

Also speaking, Mrs. Sola Magaji, a facilitator from Sequential Development Solutions, reiterated on the. Red to work together to drive Nigeria’s blue economy and maritime security. She said through the knowledge and insights gained, participants are now equipped to make a positive impact in their immediate environments and beyond as the workshop covered various topics including Nigeria’s maritime security architecture, maritime surveillance, the blue economy, human security, focusing on coastal communities and gender perspectives on the blue economy.

The syndicate groups also took a deeper dive into thematic areas around the blue economy and maritime security like stakeholder engagement, collaboration, research, human capital development, sustainability, and economic development, which culminated into a presentation.

During the five-day workshop, party participants were drawn from various organisations, including the Nigerian Navy, Nigeria Customs Service, Nigeria Immigration Service, Nigeria Police Force, National Drug Law Enforcement Agency (NDLEA), Nigeria Maritime Administration and Safety Agency (NIMASA), Nigerian Institute of Oceanography and Marine Research, Ocean Marine Solutions, and the Federal Department of Fisheries.

Bridging the Policy Gap: How PPIF Will Enhance Accountability and Collaboration in Nigeria’s Digital Transformation

Nigeria has a few policies and strategies in place to support digital transformation and digital innovation and entrepreneurship.

It is argued that while policies such as the Digital Economy Strategy (20202030) and the National Digital Innovation and Entrepreneurship Policy, which outlines key delivery mechanisms, are in place, execution of key policies down to the state level is lagging.

Insights from diverse studies and stakeholder engagements reveal that a participatory policy implementation framework is essential for ensuring the effectiveness, accountability, empowerment, and sustainability of policies across diverse contexts.

The Participatory Policy Implementation Framework (PPIF) which was developed by the National Information Technology Development Agency (NITDA), in collaboration with the GIZ/Digital Transformation Center (DTC) Nigeria was recently handed over to the Ministry of Communications, Innovation & Digital Economy iin July 2024 for upscaling at federal level. It will be implemented in pilot programs at the state level to promote socialization and adoption.

“The European Union's commitment to digital transformation is deeply rooted in the EU Commission’s development framework on Digitalization. This framework emphasizes inclusive, sustainable, and human-centric digital growth, principles that resonate strongly with Nigeria's priorities in the digital economy.

"Our Digital Compass 2030 strategy aims

methodology that incorporates a review of existing frameworks and the adaptation of international best practices, was applied.

The importance of the PPIF in ensuring inclusivity and collaboration in the implementation of policies presents immense benefits to people, businesses, and the country.

It also includes increased transparency and accountability in policy development and implementation processes and building trust between government institutions and citizens.

Furthermore, it will also enhance local relevance by integrating indigenous knowledge and local perspectives, ensuring policies are contextually relevant to the people they serve and enabling policies to be more adaptable to changing circumstances.

PPIF will also enhance policy implementation and sustainability, empower stakeholders, and foster a sense of ownership and responsibility. It will promote evidence-based decision-making and policies for better outcomes.

to create a digitally skilled population, robust digital infrastructures, and a secure, sustainable digital environment. These objectives align seamlessly with the goals of the NSA and NDLF.”

Says Frank Okafor, the Program Manager, Green and Digital Economy and European Union Delegation to Nigeria and ECOWAS.

The framework will facilitate inclusive, transparent, and effective

implementation of national policies and strategies at sub-national level. Rooted in the principles of stakeholder engagement and collaborative governance, it aims to bridge the gap between policy formulation and execution.

Accordingly, the framework was developed by actively involving diverse stakeholders, including state and non-state actors, private sector, and local communities, at both national and sub-national levels. A structured

The Digital Transformation Center Nigeria is, jointly funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and is implemented by Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH.

The project focuses on digitalisation, innovation, and entrepreneurship. The main is to contribute to the improvement of the capacity of the Nigerian economy to utilise digital innovations for growth, and to build a thriving and inclusive digital innovation ecosystem.

IMION DG flanked by the participants at the workshop

L-R: Mr. Obi Asika, Director General and CEO NCAC; Mr. Markus Wauschkuhn, SEDEC Coordinator, GIZ Nigeria; Engr. Faruk Yusuf Yabo, Permanent Secretary Ministry of Communications, Innovation & Digital Economy Federal Republic of Nigeria; Mr. Kashifu Inuwa Abdullahi, CCIE, Director General and CEO NITDA and Dr Thuweba Diwani, Head of Project, GIZ/ DTC Nigeria at the recent handover of the PPIF in Abuja

APMT Records Rise in Export Volumes, Plans SecondExporters Forum

Nigeria’s largest container terminal, APM Terminals Apapa has said that it has over the past four years, recorded continuous increase in its export volumes.

The terminal said its half-year (H1) export figures for non-oil cargo in 2024 stood at 51,000 TEUS, a rise of 25% YoY when compared with 47,000 TEUs for H1 2023.

In a statement, APM Terminals Apapa Terminal Manager, Steen Knudsen, described nonoil export cargo as an integral part of the terminal’s business.

He said, “Over the last four years, we have witnessed a steady growth in non-oil export cargo. In 2020, export volumes stood at 53,000 TEUs, in 2021 it rose to 63,000 TEUs and in 2022, 71,000 TEUs. The greatest rise in exports was recorded in 2023, when volumes rose to 94,000 TEUs, an increase of 32%.”

To continue to drive this growth in nonoil exports, Knudsen added

that the terminal would be hosting its second exporters forum, come September 19th.

He said, “The exporters’ forum is our way of supporting the Federal Government’s non-oil export drive. The forum is basically a brainstorming session where we rub minds with the various exporting associations in the country on how to best to resolve their challenges to facilitate more efficient movement of exports into the ports.

APM Terminals Apapa Head of Commercial, Kayode Daniels said, “The maiden forum launched in June was a huge success. We got so much feedback from the exporters on how we could collaborate to streamline our processes to improve export volumes. With agro-export produce, time is of the essence as prolonged storage in containers could ruin the quality of the cargo before it gets to its destination.

“The feedback we receive in the

forum will be used to improve our operations and other associated processes concerned with the export of nonoil exports. I believe we can all work together to further strengthen the port’s export process.”

APM Terminals Nigeria, Market and Commercial Intelligence Manager, Adetunji Igbaugba, described the terminal’s culture as one of continuous improvement.

He said, “One of the ways we can improve is by hearing from our esteemed customers. This was a major reason for the first export forum held in June, and the invaluable feedback from our customers and stakeholders assisted in the improvements recorded. In preparation for the coming export season, we will be proactively having another session to review and look at ways we can jointly eliminate/ reduce future challenges and better service our esteemed customers.”

NIPC, Others Commission Fan Milk’s Yoghurt Product Line

of the manufacturing sector to the national economy.

According to him, jobs will be created, local economies stimulated, and significant contribution to the country’s GDP.

Fan Milk’s yoghurt product line in Ibadan, Oyo State

Speaking at the commissioning, Makinde said the facility is a testament to Danone’s commitment to the socio-development of the state and country in general.

Makinde, who was represented by the his Deputy, Adebayo Lawal noted that many jobs will be created, economy stimulated and quality of dairy products available to the citizens enhanced.

Speaking, Obasanjo who acknowledged the brand’s dedication to producing high quality product, noted that the facility attests t to the company’s unwavering commitment to quality, growth, and the well-being of its consumers.

Obasanjo said the investment speaks to the critical importance

He added that the potential that lies within Nigeria to not only meet local demand, but also to compete on a global scale is showcased.

“Fan Milk Plc has long been a household name in Nigeria, renowned for its dedication to producing high-quality dairy products that have nourished generations of Nigerians. This facility stands as a testament to the company’s unwavering commitment to quality, growth, and the well being of its consumers. The investment made by Danone in creating this facility underscores the critical importance of the manufacturing sector to our national economy. It creates jobs, stimulates local economies, and contributes significantly to the country’s GDP. More importantly, it showcases the potential that

lies within Nigeria to not only meet local demand, but also to compete on a global scale,”

Obasanjo said.

Deputy CEO of Danone, Véronique Penchienati-Bosetta said the investment reaffirms Danone’s long-term commitment to the African market and belief in the potential for growth in the dairy sector.

He said the new line will enhance production capacity and also ensure that the company continued providing consumers with trusted nutritious and high-quality products

The President Danone Africa, Middle East, and Asia Zone, Christian Stammkoetter affirmed Danone’s strong vision to grow in Nigeria which facilitated such significant investment.

The Managing Director of Fan Milk Plc, Kayode Adebiyi described the facility as a landmark achievement for Fan Milk Plc, adding that the new yoghurt production line will significantly boost their ability to innovate and deliver products that meet the highest global standards.

Sultan Urges Youth to Embrace Entrepreneurship

workshop for members of the Sokoto Professional Network.

The Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar, has Urged youths in the state to key into entrepreneurship and business rather than looking for white-collar jobs, which are not available.

Sultan made the assertion in his goodwill message during the one-day capacity-building

Represented by the District Head of Gagi, Muhammad Jabi, Abubakar urged the participants to ensure they put the lecture to use.

He said, “Let me call on all our youths to embrace entrepreneurship and be a contributor to the economy of the country and not to expect government to contribute to

them.

“In every developed country, it is the citizens of such countries that contribute to the development and not the other way round” he added.

In his address, the Chairman of the programme, Alhaji Abdulrahman Bashir, said the workshop is a unique opportunity to find solutions to the rising case of unemployment among youths.

Sule Joins Others to Discuss Africa’s Mineral Wealth in Washington

Igbawase Ukumba

The Nasarawa State Governor, Abdullahi Sule, last Sunday departed Abuja for the United States to join other world speakers to discuss Africa’s critical mineral wealth in Washington DC.

This was discussed in a statement issued by the Nasarawa State governor’s Chief Press Secretary, Ibrahim Addra.

Addra added in the statement that Governor Sule’s

itinerary in Washington DC would include an African Forum event titled: “Securing Africa’s Critical Mineral Wealth; A Role for Sovereign Wealth Funds”.

“The event scheduled for Tuesday September 17t in Washington DC, will see Governor Sule join other panelists and speakers to discuss at a broader level, but with specific interest in comprehensive harnessing of Nasarawa State’s comparative advantages and building on

current momentum.

“Similarly, Governor Sule will be honouring invitation to join experts and high level speakers at UNGA 2024 to talk on the SDGs and other issues of importance to Nasarawa and the country in general”, the statement said.

Equally, according to the statement, “prominent on Sule’s list of engagements are meetings with businesses and prospective investors in the areas of health, education, agriculture and solid minerals.”

(Gabon), Iran Heavy (Islamic Republic of Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria),

L-R: Regional Agricultural Counselor French Embassy, Sonia Darracq; Consul General French Embassy, Laurent Favier; Deputy CEO Danone, Mrs. Véronique PENCHIENATI-BOSETTA; Deputy Governor Oyo State, Bayo Lawal; Nigeria’s Former President, Olusegun Obasanjo; CEO, Nigeria Investment Promotion Council (NIPC), Ms Aisha Rimi; MD/CEO, Fan Milk Danone Nigeria , Kayode Adebiyi; Director Fan Milk, Olakunle Olusanya; President Danone Africa Middle East & Asia, Christian Stammkoetter; Chairman Fan Milk Danone Nigeria, Mr Olayinka Akinkugbe and Mr Oyewole Fasawe at the official commissioning of Fan Milk’s Yoghurt Product Line in Ibadan, Oyo State...recently

Oluchi Chibuzor

The Governor of Oyo State, Seyi Makinde, former president, Olusegun Obasanjo, the CEO, Nigeria Investment Promotion Council (NIPC), Aisha Rimi and others have commissioned

Obasanjo,

Onuminya Innocent

Nigerian Breweries to Clear Debts With N599bn Rights Issue

Kayode Tokede

The management of Nigerian Breweries Plc, yesterday said that it is raising N599.1 billion through a rights issue on the Nigerian Exchange Limited (NGX) to address its financial obligations.

The company is offering 22.6 billion ordinary shares at 50 kobo each, priced at N26.50 per share, allowing shareholders to buy 11 new shares for every five held.

Speaking to capital market community at company’s “Facts Behind

the Rights Issue” presentation in Lagos, the Company Secretary, Nigerian Breweries, Mr. Uaboi Agbebaku, stated that the proceeds will be used to clear the company’s payables, including N328 billion in foreign exchange (FX) debts and N263 billion in repayments of local obligations.

Agbebaku stressed that the move is aimed at eliminating FX losses from the company’s balance sheet and reducing its interest burden on local debts, amid Nigeria’s 26 per cent Monetary Policy Rate (MPR).

“Our FX losses are substantial, and clearing these obligations will stabilize our profit and loss accounts. We are also working to reduce local bank debts. The impact of that also is that it will eventually reduce the interest burden that we are carrying, which has been a significant financial strain,” Agbebaku stated.

Nigerian Breweries had faced a challenging financial period, posting a loss after tax of N85.3 billion for the first half of 2024, mainly due to rising inflation, FX

costs, operating expenses, and broader economic headwinds.

Concerned about the company’s health, Shareholders present urged the company to mitigate future FX risks by exploring forward-looking strategies, including backward integration and increased investment in Research and Development to reduce dependence on imported raw materials.

The Company’s Managing Director, Hans Essaadi, noted that while the company was

ramping up efforts in areas possible to return to profitability, Nigeria’s volatility and the broader economic challenges were impacting its performance.

He, however, expressed optimism stressing that “We have completely future-proofed our business. Some measures taken by the new administration in the country are very painful, but the belief is that we would begin to see positive outcomes in the mid-long term. The moment we see inflation, interest rates and other

economic indicators become better, I can assure you that the results will be better.”

Essaadi revealed that Heineken, the parent company, holding over 67 per cent of its equity had suspended the interest they charged on their foreign loan to enable the company to meet up with the financial obligations.

“Despite economic pressures, he reiterated the company’s commitment. “We have been in this market for nearly 80 years and weathered many storms.

PRICES FOR SECURITIES TRADED ASOF SEPTEMBER 17/24

PERSPECTIVE

How African Nations Risk Losing Aid and Long-Term Partnerships by Aligning with Russia

Dr Hannah Muthoni Macharia

In an increasingly interconnected world, international relations significantly impact economic stability and development. African nations, many of which rely heavily on foreign aid, face a precarious situation as some form alliances with Russia. This shift poses a threat to their financial support from western nations and institutional partners.

Foreign aid to Africa is primarily provided by Western countries and international organizations and plays a critical role in supporting health, education, infrastructure, and economic development within African nations. The assistance comes in various forms, including grants, loans, and technical support, aimed at alleviating poverty and promoting sustainable development. Historically, the geopolitical landscape has influenced the flow of aid, often making it contingent on foreign policy alignment.

Even though there has been a drop in foreign aid to Africa since events like the introduction of the Covid-19 pandemic, Russia’s illegal invasion of Ukraine, and a myriad of other global events, supporting Africa states remains a high priority for the global west.

In 2023, foreign aid to Africa totaled US$ 223.7 billion, with the EU allocating Euro 181.5 million (USD 200m) alone for Humanitarian aid to west and Central Africa during the same year. The total is a 1.8 % increase from the previous year, highlighting not just a need for aid on the continent, but the willingness for the west to spend.

The challenge to verification of statistics and hard facts regarding western spending has been in Russia’s ability to spread disinformation and propaganda, telling a very different story about foreign aid to Africa, especially West Africa. And even though one would be hard-pressed to see any real evidence of that aid in any of the countries where Russia, through the Wagner group operate, so successful has their propaganda machine been, that Russian disinformation operations across West Africa have led to an unprecedented rise in popular support for the Kremlin and have in many cases seen a rise in the demand for Russian interventions.

The disinformation machine appropriated by the Kremlin has ranged from political influence in elections where pro-Russian candidates have made a run for power. This was evident in both Mozambique and Madagascar, where disinformation was spread about candidates to poise those with support for the Kremlin as front-runners.

According to a New York Times report in 2018, it wasn’t uncommon to witness Russian operatives walking the streets of Madagascar’s capital wearing back-packs filled with cash as well as packets of gold and precious stones used to bribe journalists, candidates and students.

Russian state funded media outlets such as RT (formerly Russia Today) and Sputnik have established a presence in Africa and are used to promote narratives that align with Russian interests or portray western nations in a negative light.

Russian disinformation campaigns in countries such as the Central African Republic and Libya have seen the impact of the Wagner Group’s involvement minimized while casting narratives that pin-point the west as the culprits of the insecurity in these regions.

And while the Kremlin would like to have the world believe they are Africa’s biggest supporters politically and economically, nothing could be further from the truth.

In a 2018 report, a comparison was made to Russia’s aid allotment to Africa, stating a relatively small figure of a total of USD 4.6 Billion since 1959, while comparatively, western programs contributed over USD 100 Billion over the same time period.

Even the recent attempts to show Russian “good-will” towards Africa have not been without detractors and truthfully little to no proof that the promises made have in fact materialized.

In July 2023 Vladmir Putin promised free grain to six African nations and assured them that Moscow was trying to avert a global food crisis . In February of this year, the Russian leader stated that Russia has written off debts to various African states worth $23 billion. However, there was no clarification to what countries and to what debt this was attached to. It is evident that Russia creates a dependency

rather than a fair bi-lateral relationship with their so-called partners in Africa, whether through military dependency, removal of broken political systems, or military coupe’s and protection of governments. More recently it appears that Russia is attempting to create a new dependency through oil. It has become increasingly clear that Africa as a whole has quickly emerged as a key market for Russian oil sellers.

As a number of African nations have sought to strengthen their relationships with Russia for a myriad of reasons such as; a desire for military support, economic investment, and a counterbalance to western influence, this shift has caused a re-think on aid and support to the continent from some nations on the other side of the divide.

Norway’s recent decision to withdraw its aid from Mali was a clear signal of discontent with the Malian government’s alignment with Russia. The country accused the Malian authorities of breaching commitments to human rights and democratic governance, a fundamental component of Norway’s foreign aid policy. As a result, Norway suspended its financial support, which amounted to millions of dollars annually, aimed at promoting stability and social development in the country. What does this mean for Mali? Only time will tell.

This withdrawal is not just an isolated case; it represents a broader trend in which alignment with Russia can lead to the erosion of trust and support from Western nations. Aid, often conditional upon adherence to democratic principles and human rights, becomes jeopardized when countries pursue partnerships that conflict with these values.

The ramifications of losing aid are profound for African countries like Mali, which are heavily reliant on international assistance to fund their development programs, combat poverty, and maintain social services. Inadequate funding can lead to an exacerbation of existing problems, including; increased poverty, economic instability, social unrest, human rights challenges, all clear signs of weakened sovereignty.

The ongoing shift in alliances also has broader geopolitical implications. As Western countries reassess their commitments and relationships, there could be a power vacuum that Russia might exploit, creating a more significant footprint on the continent. This situation could potentially lead to increased militarization in certain regions, undermining the peace and stability that aid often seeks to promote.

As African countries pivot towards Russia, there is a growing concern that Western donors may reassess their support. Countries like the United States and members of the European Union have long used aid as a tool for promoting democratic governance, human rights, and market economies. An alliance with Russia, which often stands in opposition to these values, could lead to a withdrawal or reduction of funding.

As African countries navigate the complexities of global alliances, their growing relationship with Russia comes with notable risks regarding aid funding. The geopolitical landscape is unpredictable, and while some nations may find solace in Russian partnership, they must weigh the consequences of their choices on foreign aid.

The future of development in Africa remains steadfastly intertwined with diplomatic ties, necessitating careful navigation to ensure prosperity and stability in the region. The decisions made today will resonate for years, impacting not just the political landscape but the lives of millions reliant on foreign aid for their daily sustenance and development.

In recent years, several African nations have found themselves navigating complex geopolitical landscapes, particularly in light of growing ties with Russia. While nations pursue new partnerships to bolster their economic and security frameworks, the implications of such alignments can be severe, particularly regarding international aid. Norway’s recent decision to withdraw its aid from Mali serves as a poignant example of how geopolitical stances can affect the financial support that vulnerable nations rely on.

Interior Minister: Majority of People Giving Nigeria Bad Name not Nigerians

of Interior,

on Tuesday submitted that “majority of the people giving Nigeria a bad name are not Nigerians, but citizens of

other countries, who happen to possess the country’s international passport.

Tunji-Ojo, declared that “Nigerians are not fantastically corrupt” but fantastically brilliant, intelligent and hardworking people, who

are unfortunately mistreated due to the misconception held about them and their country.

The minister who spoke in Abuja, at the opening of a three-day national training on combating terrorism financing, however disclosed that

as part of efforts at correcting the anomaly, the country is set to launch what he called the Integrity and Document Authentication System.

The training which is being organized by the Inter-Governmental Action Group against Money Laun-

House of Representatives Promises to Enhance Gender Equality

Michael Olugbode in Abuja

The House of Representatives has promised to work at reducing inequalities and enhancing the participation of all genders in socio-economic and political development of the country.

The Speaker, Rt. Hon. Abbas Tajudeen, reiterated this commitment at the roundtable on Tuesday in Abuja and signing of a Memorandum of Understanding (MoU) between United Nations, UN Women and Media Executives to escalate media intervention and provide a media platform to enhance gender equality and women’s empowerment in Nigeria.

Represented by the chairman, House Committee on Women in Parliament, Hon. Fatima Talba (APC, Yobe), the Speaker noted that part of the Green Chamber’s efforts in that regard was the reintroduction of the ‘Gender Equal Opportunities’ Bill which failed in the 9th Assembly as well as other critical legislations required to dismantle barriers to women’s economic and political inclusion.

He said the House has equally signed MoUs with various women advocacy groups including the Office of the United Nations Committee on Elimination of Discrimination Against Women (UN-CEDAW) to enhance legisla-

tions and other interventions on issues of women economic and political inclusion.

He also noted that the bill to create special seats in the National Assembly and State Assemblies also passed second reading on the floor of the House on July 10, 2024.

He said: “It is an honour to be with you today to celebrate the Significant milestone of signing a Memorandum of Understanding (MoU) between The United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and Media Executives.

“This partnership aims at providing media platforms to amplify

and escalate media interventions in advancing women’s political participation and inclusion as we look ahead to the 2027 general elections.

“Politically, the current representation of women in Nigeria’s parliament is alarmingly low, standing at less than 5%. This situation is unacceptable and must change by the next electoral cycle.”

He added that: “The media has a crucial role to play in not only highlighting the barriers to women inclusion but also in advancing these efforts, and in holding us accountable and providing insights into where progress is being made and where more effort is needed.”

dering in West Africa (GIABA) has as theme: Developing Effective Tools and Strategies to Combat Terrorism Financing.

Speaking at the occasion, the minister argued that if Nigeria must record any meaningful achievements in the fight against crimes and criminalities there must be a change of strategy, adding that the country must have a good understanding of individual and corporate entity management.

According to him, a situation where an individual would have different names with different bank accounts should no longer be tolerated in the country.

“Identity fraud must be null, let’s make it impossible for people to have different names with different bank accounts,” he said, adding that “we must be able to understand corporate entities “by knowing what each business actually does in the country.

He explained that the integrity and document authentication system, is a harmonized data base system that will enable authorities verify and authenticate any document issued

in Nigeria, adding that, “it takes four seconds to authentic your passport”.

Meanwhile, the minister charged participants to up their games by understanding the mindset and motivation of criminal so as to be ahead of them in their planning and operation.

While pointing out that ideology is what drives terrorism in the country, he advocated the use of kinetic and non-kinetic solutions in eradicating the menace.

Earlier, GIABA’s Director-General, Mr. Edwin Harris, disclosed that Nigeria’s performance was not encouraging in the last corruption evaluation.

The DG who was represented by the Director of Evaluation and Compliance (GIABA), Dr. Geoffrey Asima, observed that fund was the life wire of all terror activities because it was needed to carry out all terrorism activities hence the need to cut the financial channels. He explained that confiscation and freezing of terrorist assets was also an important element of fighting terrorism.

Alex Enumah in Abuja

The Minister

Dr. Olubunmi Tunji-Ojo,

Russian president, Vladimir Putin

Crucial Role of Contract and Risk Compliance in Safeguarding Business Integrity

Stephanie Ikolo

In today’s complex and rapidly evolving business landscape, organizations must navigate various challenges that can significantly impact their operations, reputation, and bottom line. Managing contract risk and compliance alongside risk advisory services has become increasingly critical in addressing these challenges. As businesses expand globally, they are often involved in intricate contractual agreements governed by diverse legal systems, regulatory requirements, and industry standards. These complexities require organizations to implement comprehensive strategies that address contractual obligations and associated risks.

Internal Audit and Control Assurance processes are pivotal in ensuring organizations maintain robust Operational Controls, Financial Controls, and System Controls. These processes are not just about compliance; they are about safeguarding the integrity of the business. Effective management of these areas helps prevent legal disputes, minimize financial losses, and protect against reputational damage, which can be costly in today’s information-driven marketplace.

The interconnectedness of global markets also means that a failure in one area—be it a breach of contract, a lapse in financial control, or an operational failure—can have far-reaching consequences. For instance, non-compliance with international standards like ISO or regulatory frameworks such as GDPR can result in hefty fines, exclusion from key markets, and a loss of stakeholder trust.

As a risk and control analyst, I argue that adopting a robust compliance strategy encompassing Control Transformation and Assurance Services is a regulatory and strategic necessity. Such a strategy ensures that organizations are compliant but also resilient and agile, capable of sustaining long-term success and contributing to Sustainable Development. This holistic approach to compliance helps companies navigate the uncertainties of the global business environment, positioning them to thrive despite adversity.

The Importance of Contract Compliance

Contracts are the lifeblood of any business transaction, forming the foundation of relationships between companies, their partners, suppliers, and customers. A well-drafted contract clearly outlines all parties’ rights, obligations, and expectations. However, the mere existence of a contract is not enough; ensuring Contract Compliance— an essential aspect of Enterprise Business Relationship Management (EBRM) and Supplier/Vendor Governance—is where many businesses fall short.

Effective contract compliance involves regularly monitoring and enforcing the terms of agreements, from delivery schedules to payment terms, quality standards, and confidentiality clauses. Failure to comply can lead to breaches, triggering costly litigation, damaging relationships, and disrupting business operations. For example, if a supplier fails to deliver goods on time, a manufacturer may miss production deadlines, leading to lost sales and dissatisfied customers.

Additionally, the global nature of business often binds companies to contracts governed by varying legal systems and regulatory requirements. Inconsistent or inadequate compliance efforts can result in breaches of international laws, leading to fines, sanctions, or even bans from specific markets. Thus, businesses must adopt a proactive approach

to contract management, ensuring that all agreements are regularly reviewed, updated, and enforced in alignment with ISO standards and Third-Party Reporting requirements.

The Role of Risk Compliance

Alongside contract compliance, Risk Compliance is equally essential. Risk Compliance involves identifying, assessing, and mitigating potential risks that could impact the business. These risks can be financial, legal, operational, or reputational. In an environment where businesses are exposed to a growing number of risks—from cyber threats and regulatory changes to market volatility and geopolitical tensions— having a comprehensive risk compliance strategy is crucial.

One of the critical aspects of risk compliance is ensuring that businesses adhere to the relevant laws and regulations that govern their operations. Regulatory compliance, a component of Internal Audit and IT Audit, is not just about avoiding fines or legal action; it is about protecting the business from unforeseen risks that could have long-term consequences. For instance, failing to comply with data protection regulations could result in a data breach, leading to significant financial penalties and a loss of customer trust.

Beyond regulatory compliance, businesses must also manage operational risks. This plan involves assessing the potential impact of various internal and external factors on business processes and implementing Control Assurance measures to mitigate these risks.

For example, a company might conduct regular External Audits or Internal Audit Reengineering to ensure the effectiveness of its control environment.

Reputation Management is another critical area of focus. In today’s interconnected world, news of a company’s missteps can spread rapidly, causing significant damage to its brand and customer loyalty. By prioritizing ethical practices, Sustainability, and Corporate Responsibility, businesses can safeguard their reputation and maintain the trust of stakeholders.

Integrating Contract and Risk Compliance into Business Strategy

To effectively navigate the challenges of contract and risk compliance, businesses must integrate these aspects into their overall strategy by viewing compliance not as a checkbox exercise but as a core component of business operations. By doing so, companies can enhance their Performance Improvement, Operating Efficiency, and Strategic Operational Objectives. One approach is to invest in technology that facilitates compliance management. Modern contract management software, for instance, can automate the monitoring and enforcement of contract terms, reducing the risk of human error and ensuring that all parties meet their obligations. Similarly, Risk-Based Approach management tools can help businesses identify and assess potential risks, allowing them to take proactive measures to mitigate them. Training and education are also critical. Employees at all levels should know

the importance of contract and risk compliance and understand their role in ensuring it. Regular training sessions and updates on regulatory changes can help maintain a culture of compliance within the organization.

Furthermore, businesses should establish clear governance structures to oversee compliance efforts, which involve appointing a compliance officer or forming a compliance committee to ensure they effectively manage all contract and risk compliance aspects. By creating accountability at the highest levels of the organization, companies can ensure that compliance remains a top priority.

The Consequences of Non-Compliance

The consequences of failing to adhere to contract and risk compliance are significant and far-reaching. Legal disputes arising from contract breaches can be costly in terms of financial settlements and legal fees. In addition, prolonged litigation can divert resources and attention away from core business activities, hindering growth and innovation.

Financial penalties for non-compliance with regulations can also be substantial. For example, under the General Data Protection Regulation (GDPR) in the European Union, companies can be fined up to 4% of their annual global turnover for serious breaches. Such penalties can devastate a company’s financial health, particularly for small and medium-sized enterprises.

Beyond the immediate financial implications, non-compliance can damage a company’s reputation in the long term. In an age where consumers and investors are increasingly concerned with ethical practices and corporate responsibility, a tarnished reputation can result in lost business opportunities and a decline in shareholder value.

Conclusion: A Call to Action

Contract and risk compliance are not just legal obligations but strategic imperatives that can significantly impact a company’s success and sustainability. By adopting a proactive approach to compliance, businesses can mitigate risks, avoid costly disputes, and protect their reputation in a competitive marketplace.

As a risk and control analyst, I urge companies to prioritize compliance as part of their business strategy. This approach involves investing in technology, training, and governance structures that support effective compliance management. In doing so, businesses can safeguard their operations and position themselves for long-term growth and success in an increasingly complex and unpredictable business environment.

The stakes are high, but with the right approach, businesses can navigate the fine line of compliance and emerge more robust and resilient in the face of future challenges.

RECEPTION IN HONOUR OF AMBASSADOR MILLS...

L-R: Chairman/CEO Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa; United States Ambassador to Nigeria, Richard Mills; and Speaker, Lagos State House of Assembly, Hon. Mudashiru, during a reception in honour of Ambassador Mills organised by the US Consulate, in Lagos…recently

Akpabio Commends Tinubu’s Response to Flood Disasters, Assures of Support for Victims

Marwa in Maiduguri, facilitates donation of N120m worth fertilizer to Borno

President of the Senate, Godswill Akpabio, has commended the President Bola Tinubu-led federal government for its timely intervention in the floods that affected Maiduguri, Borno State and other states, following the devastating rainfall that occasioned the overflow from the Alau Dam. This comes as Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa (Rtd), in order to arrest famine that may follow the adverse effects of Maiduguri flooding which left over half of the city and environs submerged in water, has influenced the donation of high yield fertilizers equivalent of ten trailer

loads worth N120 million to the state government for eventual distribution to affected farmers to aid their quick return to the farm.

Akpabio, according to a statement by his media office yesterday, gave the commendation at the Government House, Maiduguri, during the President's condolence visit to Borno State and the Shehu of Borno, Abubakar Ibn Umar Garba Al Amin El-Kanemi in Maiduguri on Monday. Tinubu, had made a detour from a trip to attend the United Nations General Assembly(UNGA) Annual event holding in New York, and flew into the country.

On the same day led a powerful delegation to Maiduguri to commiserate with the governments and people of the flood-affected states over the

unfortunate disaster.

The President of the Senate, who is also the chairman of the National Assembly assured the President of the Parliament’s readiness to mobilise the required support to complement the efforts of the federal government in the mitigation, prevention and tackling of disasters.

"I regard this as a display of love, compassion and commitment to the safety and welfare of Nigerians,” Akpabio noted.

He assured the President of the resolve of the National Assembly to collaborate with the Executive to address natural challenges in the country.

Akpabio said, "On resumption, the National Assembly will mobilise to support the intervention purse

and complement the efforts of the federal government, state governments, NNPCL, NEMA, and other interventionist agencies."

Akpabio, also promised to, "add verve to the Special Disaster Intervention Fund when established."

He expressed gratitude to Tinubu, Vice President Kashim Shettima, the Nigeria Governors' Forum, NNPCL, NEMA, the Armed Forces, and other stakeholders for their swift and strong interventions in addressing the flood disaster.

“The National Assembly is committed to supporting all endeavors of governments at Federal and sub-nationals aimed at renewing the hopes of Nigerians,” he assured. Meanwhile, Marwa, who made the announcement yesterday,

Poised to Tackle Nigeria's Energy, Food Security Challenge, Says Khalil

Onyebuchi Ezigbo in Abuja Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI), said that it stands in the vanguard of the current administration's quest for rapid industrialization by providing solutions to the challenges of energy access and food security.

As part of efforts to execute its mandate, NASENI said it has secured $3.25 billion in investments and launched pivotal projects - including the development of Made-In-Nigeria laptops and mobile devices to reduce domestic dependence on foreign technology.

The Executive Vice-Chairman and

Chief Executive Officer of NASENI

Khalil Suleiman Halilu said that time is ripe for the implementation of President Bola Tinubu’s bold but achievable vision of a rapid and sustainable industrial revolution in Nigeria.

According to him, the agency is at the forefront of several of the key initiatives to facilitate rapid industrialization of the country.

He said: "Over the past year, we have moved beyond envisioning a future of industrial growth to actively building it.

"Our portfolio now includes 35 market-ready innovations - from affordable solar lamps that can power our streets to cutting-edge

agricultural technologies that can help make putting food on the table of Nigerian families easier.

"These are not simply products; they are answers to the urgent challenges of energy access and food security".

In what seemed like an expose of achievements so far recorded by NASENI, Halilu said it has provided 38 million smallholder farmers in Nigeria with access to modernized farming equipment to boost agricultural productivity.

He also said that the agency has embarked on electric vehicle initiative — which aims to convert millions of Nigerian vehicles from petrol and diesel to cleaner forms of electric vehicles and CNG-powered

vehicles

His words: "Our lithium-ion battery factory is not simply a building; it's the center point of a wider transformation. Our reverse engineering center, capable of transforming 15 petrol and diesel cars into CNG vehicles every two hours, is more than a typical workshop; it is the link between our goals and their achievement. Still in its early stages, our electric-powered vehicle is a powerful symbol of what is possible.

"Consider our tractor refurbishment initiative. With more than 36.9 million hectares, but less than 7000 tractors in the country, this program goes beyond upgrading agricultural machinery — it is a holistic approach to improving mechanized farming. Okon

in Uyo

Over 5,000 vulnerable persons yesterday benefited from the free distribution of rice, beans and garri donated by the Akwa Ibom State government to cushion the effects of the economic hardship being face by the citizens in the country. The Akwa Ibom State Governor, Pastor Umo Eno, has in the height of the economic challenges the nation is passing through told the indigent citizens in the state of his administration’s determination to cater for their welfare.

To achieve this, he set up the State Bulk Purchase Agency with the

mandate to source, buy and share staple foodstuffs like garri, rice and beans free to the vulnerable persons throughout the state. Executing the second phase of the palliative distribution Monday, at the Ibesikpo Asutan Local Government Council headquarters of the state, the general manager of the State Bulk Purchase Agency, Hon. Uyime Etim, explained that the agency is relying on the world bank endorsed register for the vulnerable to choose the beneficiaries.

"The governor's personal assistants in the council wards were directed to issue vouchers to only those in the register and all they do is to come here, authenticate their voucher and return

home with the food stuffs.

"What we are doing today is to cushion the effects of the harsh economy on the people; it's a temporary measure but the governor has encouraged the people to return fully to agriculture and farming for lasting solution to the challenges of hunger and poverty," he said.

Also, a former member of the house of representatives and media consultant to the governor, Hon. Aniekan Umana said the palliative distribution is timely owing to the prevailing economic situation in the country and commended the governor for his humane disposition towards the needy.

The Abia State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has rescued two young women from a baby factory in Aba where they were kept to produce babies for sale.

The women identified as Miss Doris Nelson, 23, from Gombe State and Miss Winner Ugochukwu from Ihitte Uboma in Imo State were freed.

The owner of the baby factory, Nnanna Michael, 64, was arrested during the operation carried out over the weekend.

while paying a condolence visit to the governor of Borno state, Prof. Babagana Zulum and the Shehu of Borno, His Highness Abubakar Ibn Umar Garbai El-Kanem, said as a concerned Nigerian and former Military Governor of the old Borno state, he was moved by the magnitude of the flood disaster on the lives, livelihood and properties of the people as well as the environment.

He said this made him contact a fertilizer company he knows for support and they have donated high-yield fertilizers equivalent of ten trailer loads worth N120 million to the state government for eventual distribution to affected farmers to aid their quick return to the farm and prevent famine in the months ahead.

He said: “From my knowledge of Borno state as a former military

governor here, I can appreciate the enormity of the devastation of this flood on the lives of the people of Maiduguri, their livelihood, their homes, and even the environment.

“With figures coming out on the number of deaths, displaced persons, properties damaged and land areas affected, this may probably be the worst natural disaster that has ever hit a single city in the history of Nigeria.

“This is why I have to come down here to commiserate with the governor, the state government, our royal father the Shehu of Borno and the entire people of the state.

“The situation on ground demands well-meaning Nigerians to support President Bola Ahmed Tinubu, Vice President Kashim Shettima and the state government to ameliorate the impact of this disaster on the people.

Onosode’s Family Announces Death of Matriarch, Susan

The family of Gamaliel Onosode yesterday announced the demise of Susan, the matriarch of the family and wife of the late technocrat and former presidential candidate.

In a brief statement, the family said she passed on Tuesday September 17, 2024 at 4pm, in Virginia, USA, aged 86.

“ With a deep sense of gratitude to Almighty God for a life well lived, the family of Gamaliel Onosode regretfully announces the passing of our beloved matriarch, Susan Ebiuwa Izehiese Onosode (nee Gbinigie) to eternal rest on Tuesday, September 17, 2024 at 4pm, in Virginia, USA.

“Mummy lived a fulfilled Christian life and was mother to many. She was committed to family, friends, the church and country all her life and will be missed dearly. She was

aged 86 years,” the statement said. The family added that further announcements will follow subsequently. The couple, Gamaliel and Susan both founded and ran the Gamaliel and Susan Onosode Foundation (GAMSU), aimed at improving the lives of children and youths, particularly the underprivileged in need of skills, funds and access to realise their hopes of a better future through qualitative education. Among others, the foundation promoted and supported education institutions and initiatives as well as programmes promoted by faith-based and/or other educational organisations in Nigeria. It awarded educational scholarships and other financial aid to educational causes consistent with the objectives of the foundation.

Abia State Commandant of NSCDC, Usman Ishaq Alfadarai told journalists in Umuahia that the successful operation was carried out following a credible intelligence, adding that Michael was using his residence as baby factory.

"In his confessional statement, Mr. Michael, a father of four and a former worker at a motherless home, admitted to harbouring pregnant women, taking care of them until delivery, and then selling their babies," Alfafarai said.

By the time the NSCDC personnel raided the residence where the young women were kept, Doris, had given

birth to a baby girl on September 9, 2024 while Winner is carrying a seven month pregnancy. Michael was said to have revealed that soon after Doris gave birth, the baby was sold for N1.1 million out of which Michael paid her N100,000 as part payment of N500, 000 promised her for producing the baby. According to the Commandant, it was discovered that Doris was brought from Abuja to the baby factory in Aba through an agent identified as Miracle. Winner on her part was introduced to the operator by one Evangelist First Samuel, an Aba resident, who is now at large.

Bassey

Emmanuel Ugwu-Nwogo in Umuahia

Michael Olugbode and Sunday Aborisade in Abuja

LASAA'S SAFETY SENSITISATION FORUM...

L-R: Head of Health and Safety Department, Lagos State Signage and Advertisement Agency (LASAA), Mr Akinola Tukur; Director-General, Lagos State Safety Commission, Mr Lanre Mojola; Managing Director/CEO, LASAA, Prince

and Safety Consultant to LASAA, Hon. Adedayo Oduyemi, during LASAA's Safety Sensitisation Forum with the Lagos State Safety Commission and the Outdoor Advertising Practitioners held in Lagos... yesterday

Ex-governor Bafarawa Donates N1bn to Sokoto People, Laments Missed Opportunity

Says funds for productive ventures may have been misappropriated

Emmanuel Addeh

A former Governor of Sokoto State, Alhaji Attahiru Bafarawa, yesterday donated N1 billion to the people of the state in a gesture he described as his quest to “give back” to the citizens that voted overwhelmingly for him over 25 years ago.

At an event in Sokoto organised by the Attahiru Bafarawa Foundation, the ex-Sokoto leader said the donation was in appreciation of the trust and confidence the people of the state had in him for allowing him lead them for eight years and a way of ‘filling the gaps’ he left behind.

He also set up a committee headed by Alhaji Lawal Maidoki ( Sadaukin Sokoto) to manage the funds.

According to the former governor, while he recognised the fact that he delivered dividends of democracy to the people while in office, he had continued to entertain some mixed feelings, especially the urge to do more for the people.

Bafarawa said that no other time could be more auspicious to give back to the people than now that hunger and hardship were ravaging the land.

“A little over 25 years ago, an overwhelming majority of the voting population of Sokoto State gave me their mandate to serve them as their first executive governor after the locust years of military incursion into politics.

“ Four years after, they renewed the mandate by electing me into office for a second term. I did not and do not take this show of love by the people for granted. I appreciate very immensely the historic opportunity they gave me to serve them as governor for eight years.

“In the years that I served as governor, I did my utmost best to ensure that dividends of democracy were delivered to the people. My government recorded infrastructural landmarks, particularly in the area of road construction.

“I ensured that the resources of the state were prudently managed. It was against this background that I left a whopping N13 billion in the coffers of Sokoto state government by the time I left office in 2007,” he stated.

However, he pointed out that each time he looked back to his years as governor, while acknowledging the people’s love and solidarity, he

felt that more could have been done for the people of the state.

As the governor of Sokoto State, Bafarawa said he was entrusted with the resources of the people, explaining that given the enormous powers of an executive governor, the temptation to transgress was always there.

“It is therefore possible that one may have taken one action or the other that did not serve the best interest of the general public. In other words, one could, through acts of omission or commission, misappropriate funds that could have gone into productive and rewarding ventures.

“Thoughts of scenarios such as this could be troubling. They prick

the conscience. This situation, in my opinion, calls for restitution. I feel the urge to reconnect in some other ways with the people for a lost opportunity. I consider this necessary in order for one to make peace not only with the people but also with the Almighty,” Bafarawa said.

He added that latent sense of missed opportunity was what driving his giving back philosophy, explaining that regardless of whatever effort that he may have made to improve the lot of the people while in office, the fact remains that he, just like any other human being had his drawbacks.

While admitting that he may therefore not have lived up to everyone’s expectation, he noted

that he was seeking the face of the people afresh and their forgiveness in this regard.

“Personally, I ask for forgiveness, as I have always done, in whatever area I fell short of the people’s expectations. While I do not wish to dwell on the past, what is constant in my relationship with the people of Sokoto State is my undying concern for their wellbeing.

“For some 17 years after leaving office, I am delighted to say that my compact with the people has remained intact. At 70 years of age, I feel a greater pull towards the people. My desire now is to ensure that I fill whatever gaps that I may have created, consciously or unconsciously, in my relationship with the people

while I was in office.

“Some may call this atonement, but I prefer to see it as an act of reciprocity. I want to give back to the people the goodwill and love they showed to me. At no time can this giving back philosophy of mine be more auspicious and compelling than now that the people are passing through hard times occasioned by the harsh economic climate in the country.

“ It is against this background that I have decided to make available the sum of N1 billion for the welfare and wellbeing of the people of Sokoto State. The management of this fund has been entrusted to a committee that I personally set up,” he explained.

Ogun to Partner Manufacturing Africa, Others to Boost Manufacturing Sector

The Ogun State Government, through the State Investment Promotion and Facilitation Agency (Oguninvest), will be collaborating with Manufacturing Africa programme, an initiative of the UK Government, through its Foreign, Commonwealth and Development Office (FCDO) in the British High Commission and Hinckley E-Waste Recycling Ltd, towards a vibrant manufacturing sector in the state.

hub in the West Africa corridor.

Special Adviser/DDG of OgunInvest, Ms. Sola Arobieke, made these known in a statement on Tuesday, adding that Manufacturing Africa Programme plays a crucial role in supporting industrial development and innovation across Africa, while FCDO is committed to advancing manufacturing capabilities and promoting sustainable practices.

A researcher in Higher Education Management, Professor Mustapha Arikewuyo, has described low the gap between the high number of universities in Nigeria and their low carrying capacity as inappropriate and non-commensurate.

Arikewuyo, a professor in the Institute of Education, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, expressed findings, while delivering the 110th Inaugural Lecture of the university.

The lecture, which attracted the academic communities both from within and outside the OOU, traditional rulers, religious organisations and other stakeholders, was held at the Otunba Gbenga Daniel Multipurpose Hall of the institution and was presided by the Vice Chancellor, Professor Ayodeji Agboola.

The lecture was entitled "From One to Two Hundred and Sixty-two: Navigating the Sustainability Question in the Proliferation of Universities in Nigeria".

While expressing worry on the wide gap between their abilities and the number of institutions and other

issues relating to the university system, the don wondered if the nation had not reached the point where it should be asking whether it "is a curse or a blessing."

Arikewuyo expressed the worry that if the trend was not checked, it would hurt both the quality and quantity of their products as evidenced in the past NEEDS Assessment of public universities in Nigeria.

He explained that the data from the assessment revealed among other things, inadequate teaching and learning facilities, obsolete labs and workshops, no cutting-edge research facilities and no laboratory, workshop or library ranked among the top 1,000 in the world about a decade ago.

He said the concern becomes necessary considering that as of February this year, a Bill proposing additional 47 universities for the country had scaled second reading in the House of Representatives, stressing that if it's eventually signed into law, it means each state of the federation would have one more federal university when states such as Osun, Kaduna, Katsina and Borno already have two universities each.

To this end, there will be an interactive session with the media, aimed at showcasing this pivotal partnership to enhance the manufacturing sector and boosting investor confidence in Ogun State, as a leading industrial

She added that the proposed collaboration would leverage the FCDO’s expertise in market studies and corporate finance support to foster a robust manufacturing ecosystem in Ogun State and Nigeria

Nigeria's Healthcare Sector Gets Boost

Mary Nnah

The Private Sector Health Alliance of Nigeria (PSHAN) and AigImoukhuede Foundation have commissioned four renovated Primary Healthcare Centres (PHCs) in Edo State.

The renovated PHCs, part of the Adopt-a-Healthcare Facility Programme (ADHFP), will provide improved maternal and child health, immunizations and outpatient services.

The renovated centres, located in Atoruru, Ute, Evbuodia, and Idunmungha, were commissioned on September 13, 2024, marking a

at large.

According to her, Manufacturing Africa Program’s involvement in this initiative underscores its dedication to enhancing Africa’s industrial sector, creating high-quality jobs, and driving technological advancement.

Also, she described Hinckley EWaste Recycling Ltd, as a pioneering leader in electronic waste management, as the company specializes in the safe and efficient recycling of electronic waste, employing advanced technologies and sustainable practices to manage e-waste responsibly.

She added that their innovative approach not only supports

as PSHAN,

major milestone in the Adopt-aHealthcare Facility Programme (ADHFP). This initiative aims to improve healthcare accessibility and quality in underserved communities.

According to Mrs. Ofovwe Aig-Imoukhuede, Co-Founder and Executive Vice Chair of the Aig-Imoukhuede Foundation, "A healthy population is the cornerstone of sustainable development. We're committed to bridging the healthcare gap in Nigeria by revitalizing Primary Healthcare Centres."

Dr. Tinuola Akinbolagbe, MD/ CEO of PSHAN, noted, "Our pilot facilities have seen significant increases in outpatient attendance,

maternal care registrations, and immunizations - 91% and 832% growth in outpatient attendance and antenatal care registrations, respectively, in 2023 alone."

The Aig-Imoukhuede Foundation has committed millions of naira to renovating 23 PHCs across Nigeria under the ADHFP. This partnership between PSHAN and the Foundation is part of a broader strategy to accelerate improvements in health outcomes nationwide.

The renovated PHCs will provide improved healthcare services, including maternal and child health, immunizations, and outpatient services, benefiting thousands of Nigerians.

environmental conservation but also promotes best practices in electronic waste management across Nigeria. The statement read: "Hinckley Recycling became the first government approved E-Waste recycler in Nigeria in 2016. The company is now expanding its operations to Ogun State with a groundbreaking project to establish the first lithium-ion and lead acid battery recycling and treatment plant in Africa.

“This $5 million investment in the first year will utilize patented recycling technology and create 100 direct jobs. The project is supported by a market study and corporate finance assistance from Manufacturing Africa.

"On our own, Ogun State Investment Promotion and Facilitation Agency (OgunInvest) is led by His Excellency Prince Dapo Abiodun, CON, as its chairman. The agency's vision is to firmly establish Ogun State as the industrial and logistics hub of Nigeria and the preferred investment destination in the region.

“Its mission is to create an investorfriendly environment that attracts and retains both domestic and international investments, thereby fostering economic growth.

"In line with our mandate to attract and facilitate new investments into Ogun State, OgunInvest is dedicated to enhancing the state's economic growth and promoting it as the premier investment destination in Nigeria. The agency provides comprehensive support services to investors, offering a one-stop solution for investment facilitation.

James Sowole

Fatiu Akiolu;

SYMPATHY VISIT TO BORNO FLOOD VICTIMS...

L-R: Chairman of the National Drugs Law Enforcement Agency, General Buba Marwa, (5th from left); Governor of Borno State, Professor Babagana Zulum; and the Deputy President of the Senate, Senator Jibrin Barau when he (Barau) led other senators to sympathise with the Borno State Government over last week's flood in the state.

Borno Floods: Zulum , Senate C’ttee Chair Appeal for More Funding for NEMA

Emergency agency’s DG joins governor, others in coordinating response

NNPC condoles with Borno govt, donates relief items to flood victims

The Governor of Borno State, Prof. Babagana Zulum and the Director General, National Emergency Management Agency (NEMA), Mrs Zubaida Umar, have inspected camps of Internally Displaced Persons (IDPs) affected by the Maiduguri flood.

They were joined on the inspection by the Senate Chief Whip, Senator Mohammed Monguno , and Chairman of Senate Committee on Special Duties, Senator Kaka Shehu.

At the Bakassi camp, Zulum after inspecting NEMA’s mobile clinic where staff were providing medical services

During the inspection, the governor appreciated NEMA for the prompt supports rendered in the evacuation of trapped persons and provision of relief at the camps.

to the displaced persons, commended the DG NEMA, Umar for the agency’s efficiency in the deployment of search and rescue teams and relief assistance.

The governor said NEMA deserved to be properly funded to adequately carry out its mandates and commended the DG for being prudent with resources released to the agency.

He said: "We are happy to note

the presence of NEMA working assiduously with the government of Borno state. We believe that with their collaboration, we can achieve the objective of supporting the displaced communities.

"The most important thing that we expect from NEMA is to ensure effective coordination of all the support that is coming from non-governmental organisations and other organisations.

You Can’t Put Fire in My State, Mohammed Replies Ex-Rivers Governor, Nyesom Wike

Says PDP governors remain united

He said this when he received a delegation from the National Working Committee (NWC) of the Peoples Democratic Party (PDP), on yesterday.

Tinubu's Govt Impoverishing Nigerians on Alarming Scale, Says Lukman, Ex-APC Chief

A former National Vice Chairman North-west of the All Progressives Congress (APC), Dr. Salihu Lukman, has lamented that the administration of President Bola Tinubu was impoverishing Nigerians on an alarming scale.

Lukman, in a statement titled: “Nigerian Democracy in ICU”, said Nigerians were faced with the very unfortunate situation whereby an elected government is taking all the wrong decisions, while all democratic structures that could facilitate consultations, enforce accountability, regulate the conducts of elected leaders were being systematically demobilised and demolished.

He said, “More than anytime in the history of Nigeria, citizens are being impoverished on an alarming scale.

Since May 29, 2023 when President took over, it has been a downward slide for Nigerians.

“Being a democratic government, the expectation would have been that President Tinubu will be more accessible. Alas, he is proving to be the most inaccessible leader of

Nigeria. Even late General Sani Abacha was by far more accessible.

“All previous military governments are turning out to be much more open to consultations and receptive to recommendations from Nigerians than the government of President Tinubu.”

Lukman noted that part of the disturbing reality highlighting the mismanagement of public policy in Nigeria was the dispute between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL) and how citizens were being pushed to swallow bitter pills of higher prices of petroleum products in a manner that simply devalue local production. He decried that the econometrics of petroleum pricing since the commencement of production of Dangote Refinery was more about manipulative control and imposition of a parasitic monopoly, which the NNPC represents.

“Unfortunately, for whatever reasons, that appears to be the preference of the government. As it is, the issue of the welfare of citizens is not the priority of President Asiwaju Tinubu.”

He said, “We are together. Nobody can put fire in Bauchi. We have a volume of water that will quench the fire, even my friend that said that did so because he is annoyed. May be I have said something that annoyed him but it is not personal.

“My friend is my friend, my job is my job and leadership is leadership,” the governor said.

Also, speaking in Benin, Edo State, in a viral video, Mohammed said, "Together, we are unified. There is no division in the PDP Governors’ Forum. We are not pompous, proud or arrogant. We are not joining the APC or anybody.

"We are not going to join issues with ignorant people. We are going to use strategy and tact and knowledge to ensure the PDP wins the governorship election in Edo State," he said.

At a meeting around mid-August, governors elected on the platform of the PDP had declared Siminalayi Fubara, estranged godson of Wike, leader of the party in Rivers.

This decision annoyed Wike, who alongside his supporters organised a congress in the state to further strengthen their grip of Rivers PDP.

Speaking at the congress, Wike had said, “Let me assure all of you, not while we live will anybody take away the structure of PDP from us.

“But let me tell people, I hear some governors who say they will take over the structure and give back to somebody. I pity those governors because I will put fire in their states.

“When God has given you peace, you say you don’t want peace – anything you see you take,” Wike said.

We are ever ready to collaborate with them.

"NEMA activities do not only include provision of support to flood victims but also in other areas such as fire amongst others. Therefore, I am also pleading on behalf of NEMA for the federal government to provide additional resources to them so that they can carry out their functions efficiently.

"While appreciating the kind of support that they give, on my part as member of the National Economic Council (NEC), we shall also put heads together with my colleagues to see how we can support NEMA to carry out its duties as at when due.

"On behalf of the government and people of Borno state, I want to most sincerely appreciate NEMA for their continued support, especially for their sympathy and empathy to the people of Borno as we have seen them working round the clock in all the camps. What matters is their contribution and sense of humanity that they have for the people of Borno state," Zulum stressed.

At the NEMA warehouse, the DG of NEMA, Umar, informed the governor about materials that had been deployed in the camps and more in the store to assist the IDPs.

She also briefed the governor on facilities deployed by the agency, including the mobile intensive care unit ambulances, mobile water treatment plant, strengthening of search and rescue operation with deployment of additional team members from Abuja, Gombe, Yola and Jos to join the Maiduguri staff as well as camp management officers.

In his remarks, the Chairman

Senate Committee on Special Duties, Senator Kaka Shehu (SAN), said: "I am happy the store is not empty despite being under budgeted. It is high time the federal government rises to the occasion following the calamity that has befallen not only Maiduguri but many parts of the country that have experienced perennial flooding in almost all the states.

" I want to use this occasion on behalf of the Senate Committee on Special Duties to appeal to Mr. President to properly fund NEMA so that NEMA can be live up to its responsibilities.

"We appreciate the little funding. I am proud that the DG of NEMA and her team are doing well with the meagre resources at their disposal. " Earlier, the DG NEMA paid a call on the governor to commiserate with the government and people of the state, especially those affected by the flood.

The DG NEMA also supervised ongoing rescue at some areas where she commended the team and urged them to consider their efforts as service to humanity and the nation.

Meanwhile, the Nigerian National Petroleum Company Limited (NNPC) through its Corporate Social Responsibility (CSR) arm, NNPC Foundation, has donated relief items to the recent flood victims in Borno State.

During a condolence visit paid to the Borno state government yesterday, the Group Chief Executive Officer, Mr. Mele Kyari, represented by the Executive Vice President, Business Services, Mr. Danladi Inuwa conveyed the company's message to the government and people of the state over the disaster.

Borno Flood: Senate, House Donate N174m for Victims’

The Nigerian senate as well as the House of Representatives have donated N74 million and N100 million respectively to the victims of the recent devastating flood in Maiduguri, Borno state.

A delegation from the House of Representatives, led by former House Leader, Hon. Alhassan Doguwa, visited Maiduguri, to commiserate with the government and people of the state.

Spokesperson of the House, Akin Rotimi in a statement said those part of the delegation included; former Deputy Speaker Hon. Ahmed Wase, Victor Nwokolo, Fred Agbedi, Sada

During the visit, the delegation announced a donation of N100 million on behalf of the House to the government of Borno State to provide immediate relief to flood victims and assist in recovery efforts.

Speaking during the visit, Doguwa said the Green Chamber remained dedicated to supporting the state as it recovers from this disaster.

He noted: "We are here on behalf of the Speaker, Rt. Hon. Abbas Tajudeen, PhD, and all members of the House to express our heartfelt condolences to the Government and people of Borno State.”

Also, senators have donated N74 million to support the victims of the

flood. Deputy President of the Senate, Senator Jibrin Barau, according to a statement by his media aide, Ismail Mudashir, yesterday, disclosed this on behalf of the President of the Senate, Senator Godswill Akpabio, when he led some senators to the state.

Barau said each of the 108 senators would donate N500,000 (N54 million ), while he personally announced the donation of N10 million. The Northern Senators Forum also donated N10 million totalling N74 million.

The senators, who were received by the Borno State Governor, Prof. Babagana Zulum, included the Chairman of the Northern Senators Forum, Senator Abdulaziz Musa Yar'Adua, Chairman of the Southern Senators Forum, and Senator Mukhail Adetokunbo Abiru.

Others were

Also on the

Meanwhile, as flood continuous to ravage communities in parts of the country, the Managing Director of the

has said the commission was building multi-purpose emergency shelters in the Niger Delta region.

Adedayo Akinwale, Sunday Aborisade in Abuja and Blessing Ibunge in Port Harcourt

Soli, Ademorin Kuye, Iduma Enwo, Aminu Jaji, Bashir Usman, and Abdulkadir Rahis.

Senator Ikra Aliyu Bilbis (Zamfara Central), Senator Onawo Mohammed Ogoshi (Nasarawa South) and Senator Sadiq Suleiman Umar (Kwara North).

visit were Senator Diket Plang (Plateau Central), Senator Babangida Hussaini (Jigawa North-West), Senator Pam Mwadkon Dachungyang (Plateau North), Senator Mohammed Tahir Monguno (Borno North) and Kaka Shehu Lawan (Borno Central).

Niger Delta Development Commission, (NDDC), Dr. Samuel Ogbuku

Chuks Okocha in Abuja

Governor Bala Mohammed of Bauchi State, has said nobody could put fire in his state “because we have a

volume of water to quench the fire.”

Adedayo Akinwale in Abuja

Emmanuel Addeh in Abuja

SUPPORTING THE COMMUNITIES...

L-R: Delta State Commissioner for Economic Planning, Mr. Sunny Ekedayen; representative of Okpokunu Community; Delta Governor, Rt. Hon Sheriff Oborevwori; his Deputy, Sir Monday Onyeme; Speaker of the State House of Assembly, Rt Hon. Emomotimi Guwor; representative of the Chief Judge, Justice Daniel Maidoh, and the Orodje of Okpe and Chairman Delta State Council of Traditional Rulers, HRM Felix Mujakperuo, Orhue 1, during the flag-off the fourth phase disbursement of Delta COVID-19 Action Recovery and Economic Stimulus (D-CARE) in Asaba…yesterday

Edo Guber: Ighodalo's Wife, Ifeyinwa, Embarks on Roadshow to Support Husband

Candidate unveils strategic vision for state INEC says 379,245 PVCs still uncollected AA disowns candidate, says he's an impostor Market women endorse Ighodalo, Obaseki announces N1b traders' support grant

Adedayo Akinwale, Kuni Tyessi in

Wife of the governorship candidate of the Peoples Democratic Party (PDP) in Edo State, Mrs. Ifeyinwa Ighodalo, yesterday, embarked on another roadshow, to rally support for her husband, Dr. Asue Ighodalo.

The roadshow, which kicked off from the National Museum ground, Benin City, saw women in their large numbers in attendance especially from the Arewa Community in the state and other women from the three local government areas of Oredo, Ikpoba Okha and Egor Local Government Area respectively.

The roadshow, which was a carnival of sorts, saw Mrs Ighodalo dancing and urging the people of the state to come out en mass to vote for her husband through his popular jingle "If Asue dey there he go do am, Alaghodaro, we no dey go back."

The roadshow drew the attention of Market women and other passers-by attention, creating an atmosphere of funfair for the people.

Expressing her joy about the roadshow and for the candidacy of Asue Ighodalo, Mrs. Philomena Osaro from Oredo ward 3, said they were going to come out in their large numbers to vote for Ighodalo on the day of the election because he only has the capacity to govern the state.

"Come September 21, Mr. Asue Ighodalo is going to be voted for by the people and he is going to win this election. Everybody is going to come out to vote for him because he has the capacity.

"He is a man with compassion for his people and he is very accessible. He is the man that is qualified to occupy the Osadebey Avenue," Osaro said.

Ighodalo Unveils Strategic

Chuks

Okocha

Senior Advocate of Nigeria and human rights activist, Femi Falana, yesterday, said it was ‘illegal” for the national oil company, the Nigerian National Company Limited (NNPCL) to determine prices of petrol after deregulation.

A statement released by Falana, noted that the action of the NNPCL violates section 205 of the Petroleum Industry Act (PIA).

He said, “On September 5, 2024, the NNPCL stated that forex illiquidity had

Vision for State

Governorship candidate of Peoples Democratic Party (PDP), Asue Ighodalo, has unveiled his strategic vision and insights on driving sustainable development and progress in the state.

A fund-raiser, organised by Corporate Nigeria for Ighodalo, comprising investment bankers, investment financiers, infrastructure financiers, capital market dealers, legal practitioners and private sector leaders within and outside Edo, in Lagos, presented Ighodalo the opportunity to unveil his plans for the state themed: ‘Pathway to Prosperity for All’.

Ighodalo said he was stepping into the political foray to convert his great ideas into transformative action for the people of Edo.

As governor, Ighodalo said his capacity, global networks and proven track record would be at play as he would unlock the people’s rich potential and transform latent talents into valuable assets.

Ighodalo disclosed his desire to consolidate on Governor Godwin Obaseki’s transformative policies in education, healthcare, agriculture and other key sectors of the economy.

INEC: 379,245 PVCs Still Uncollected

The Independent National Electoral Commission (INEC) has revealed that a total of 379,245 representing 14.43 per cent Permanent Voters’ Cards (PVCs) were uncollected ahead of the Saturday, September 21 governorship election in Edo State.

INEC National Commissioner & Chairman, Information and Voter Education Committee, Sam Olumekun, in a statement, said the Commission had made available data on PVC collection on Polling Unit basis in Edo State ahead of the governorship election.

He recalled that the Commission recently announced that the total number of registered voters in Edo State was 2,629,025.

Olumekun noted that the Commission went further to give the breakdown by gender, age, occupation and disability.

He said: “Out of this figure, 2,249,780 (85.57%) have collected their Permanent Voters’ Cards (PVCs) while 379,245 (14.43%) of the PVCs are uncollected as at the end of the extended period for PVC collection on Sunday, 16th September 2024.

“There are 4,519 Polling Units in the State. Voting will take place in each unit. The detailed breakdown of the number of PVCs collected, as well as the number uncollected in each unit, has been uploaded to our website for guidance of political parties, candidates and public information.”

AA Disowns, Dismisses Candidate Impostor

Edo State chapter of Action Alliance (AA), has distanced self from Tom Iseghohi-Okojie, who purportedly collapsed his ambition for the candidate of the All Progressives Congress (APC), Senator Monday Okpebholo.

On Sunday, while briefing newsmen in Benin City, Iseghohi-Okojie said the decision to step down from the governorship race and support Okpebholo was to unite with a capable political leader and party that has the sincere intention to develop Edo State.

In a press statement, however, and signed by the state chairman of Action Alliance (AA), Uwaifo Osaro, who doubled as the governorship candidate of the party, he said Iseghohi-Okojie was an impostor and was never a member of the party.

“By the grace of God, I am the State Chairman of Action Alliance (AA) and also doubled to be the

been a significant factor influencing the fluctuation in prices of premium motor spirit (PMS) governed by unrestrained market forces, as provided for in the Petroleum Industry Act (PIA).

“The NNPCL was explaining the pump price of PMS imported into the country at the material time. Specifically, the Executive Vice President of Downstream NNPC Ltd Mr. Adedapo Segun, explained that Section 205 of the PIA, which established NNPC Ltd, stipulated that petroleum prices were determined by free market forces.”

According to him, “The market has

been deregulated, meaning that petrol prices are now determined by market forces rather than by the government or NNPC Ltd. Additionally, the exchange rate plays a significant role in influencing these prices.

“But contrary to the well-publicised statement, the NNPCL has fixed the price of PMS produced by the Dangote Refinery and Petrochemical Company Limited. The action of the NNPCL is a violent contravention of section 205 of the PIA, which stipulates that the prices of petroleum products shall be determined by market forces.

gubernatorial candidate of the party.

“My party primary was conducted on the 21st February, 2024 the last day stipulated by Independent National Electoral Commission (INEC) for all political party to conduct their primaries, and INEC came and supervised Action Alliance (AA) party primary. I did not substitute for anybody as the governorship candidate of my party.

“Tom Iseghohi Okojie is an imposter, we don’t know him as member of AA in Edo. His local government area party chairman don’t know him, even the ward he claimed to be a member cannot even recognised him.

“Edo people should disregard that news that Tom Iseghohi Okojie as AA governorship candidate collapsed structure for All Progressives Congress candidate, Senator Monday Okpebholo.”

Market Women Endorse Ighodalo as Obaseki Announces N1b Grant for Traders

The ambition of Dr Asue Ighodalo, governorship candidate of the Peoples Democratic Party (PDP), got a boost yesterday when market women in the state threw their weight behind him as their preferred candidate.

The endorsement and support was announced by the state market women leader, Madam Blacky Ogiemen, at a well-attended annual get-together and hosting of the Grand Patron, Governor Godwin Obaseki at the Lawn Tennis Court of the Ogbe Stadium, Benin City.

Madam Ogiemen said in her welcome address that the traders in the state had always supported the government and that they would continue to do the same thing even after the tenure of Obaseki.

In her words: “The Edo State Women Traders have always supported the government in the state and we hereby pledge that we will continue to do that even after your tenure.”

Listing the many things the administration of Obaseki had done while in office, Ogiemen said, “The

achievement of your administration are too numerous to mention. We are confident that your successor, Dr Asue Ighodalo will continue for the betterment of Edo people.”

In his response, Obaseki thanked the women and expressed appreciation for their unwavering support all through his tenure and thanked them for the promise to extend the same support to Ighodalo. He then declared that in a bid to make life and business more exciting, considering the hyper inflation that the country was facing, the government had decided to support them with N1billion grant to be disbursed to them via a modality that the leadership of the market women and government officials would agree to. Obaseki assured them that the grant would be in such a way that it wouldn’t come with controversies, promising them that Ighodalo would double the grant.

Also in attendance were the First Lady, Betsy Obaseki and Dr Ighodalo's wife, Mrs Ifeyinwa Ighodalo.

Chuks Okocha

The Julius Abure-led Labour Party (LP), has faulted claims by the Interim National Chairperson of the party, Nenadi Usman, that the 29-man committee saved the party from being deregistered by the Independent National Electoral Commission (INEC).

Faulting the claim, the National Publicity Secretary of the party, Obiora Ifoh, said in a statement, that in the first place, Usman was not a card-carrying member of the party.

According to Ifoh, “Usman, ‘a card-carrying member of the PDP’ wherein she claimed that the quick intervention of some leaders of the party at the September 4, 2024 Stakeholders meeting in Umuahia, saved the party from being deregistered by INEC, is false.”

He said the Labour Party leadership wished to refute that statement as ludicrous, unattainable, unsubstantiated, and a pack of lies.

“We wish to state emphatically

Petrol, Falana Insists

“Furthermore, since the petrol sold by Dangote is not imported into the country but produced at the Lekki Economic Free Trade Zone, the NNPCL cannot justify the sale of petrol at N950 per litre without freight cost, lightering cost, jetty depot fees, storage fees, foreign exchange costs, NPA charges: NIMASA charges, Customs duties etc. In fact, by selling the petrol produced by Dangote Refinery at a higher price, the NNPCL has confirmed its resolve to continue to sabotage the national economy through the reckless importation of cheaper petrol

from foreign countries at a cost that the nation cannot afford.

“The NNPCL has justified the hike by saying that petrol is sold in dollars by the Dangote Refinery. Why should the NNPCL buy petrol in dollars since the Federal Executive Council (FEC) has directed that crude oil be sold to Dangote Refinery in Naira? “Are the management staff of NNPCL and Dangote Refinery not aware that it is a criminal offense under section 20 of the Central Bank Act to refuse to accept the naira as a means of payment for any transaction in the country?

that the Labour Party is in good shape at the moment, having fully abided by the laws of the land, and therefore cannot be deregistered by INEC.

“These leaders have also mischievously leveraged on INEC’s misinformed and erroneous disposition that the tenure of the party’s current executives has expired.

“It is paradoxical that some of these leaders who were victims of INEC’s mismanagement of the 2023 general election are now the ones quoting INEC, in order to victimise the leadership of the Labour Party.

“As we have maintained earlier, the September 4 Stakeholders’ meeting held in Umuahia is unconstitutional and illegal as the party’s constitution clearly states all the organs of the party, of which Stakeholder is not one of them.

“The stakeholder group which produced Senator Usman as its leader has no foundation whatsoever, and therefore, its existence is delusional and can never be recognised by INEC or any law of the land.

“Senator Nenadi’s claim that the Stakeholders saved the party from being deregistered by the INEC is equally preposterous.”

Adibe Emenyonu Oluchi Chibuzor

OPENING OF THE WALK-IN CLINIC IN LAGOS...

Rupert Murdoch's 'Succession' Court Battle Begins in US

Emmanuel

A court battle to determine the future of Rupert Murdoch's media empire and a £14.9 billion family trust has begun in the US, pitting the 93-yearold billionaire against three of his eldest children over who will gain the most voting shares and power to control News Corp and Fox News

when he dies.

It has been reported that Murdoch wanted to amend a family trust created in 1999 so that son Lachlan could take control without "interference" from his siblings Prudence, Elisabeth and James.

The famous family was one of the inspirations behind the hugely popular TV series Succession - something the

Murdochs have always refused to comment on.

Murdoch, who has been married five times, also has two younger children, Grace and Chloe, who do not have any voting rights under the trust agreement, BBC News reported.

“From what we know, this plan essentially seeks to put Prudence, James and Elisabeth on the same

footing as Murdoch’s two younger daughters,” said Walter Marsh, an Australian journalist and author of the biography Young Rupert: The making of the Murdoch Empire. He added that "all voting power" could be handed over to Lachlan.

Murdoch fathered Prudence (66), Elisabeth (56), Lachlan (53), James (51), Grace (22) and Chloe (21) and from

Enugu Govt, Jelfah Group Sign N40bn Deal to Revitalise Moribund Sunrise Mills

Enugu State Government and Jelfah Nigeria Ltd have signed a N40 billion deal for the revitalisation of the long-moribund and state-owned Sunrise Flour Mills, Enugu.

The deal, which was signed at the Government House, Enugu, yesterday, saw Jelfah acquire a 60 percent equity stake in Sunrise Flour Mills and was expected to invest N24 billion in the iconic mills, which went moribund since 1985, just two years after it was commissioned in 1983, while the state government keeps 40 per cent based on the existing assets of the company.

Speaking at the brief signing ceremony and public announcement of the transaction, Mbah said the milestone, coming on the heels of the N100 billion deal to resuscitate the hitherto dying Enugu United Palm Products Limited (UPPL), was a clear demonstration of his administration’s determination to grow the state’s economy from $4.4 billion to $30 billion through private sector investment.

“Just a few months ago, we secured an investment size of N100 billion with a company known as Pragmatic Palms Limited, and today we have just witnessed Enugu State, again, securing another investment size of N40 billion.

“This investment will see Jelfah Group investing N24 billion into the existing Enugu Sunrise Flour Mills. N22 billion will be directed into revamping and resuscitation of the Sunrise Flower Mill, and N2 billion is going to come to the State by way of cash.

“The Special Purpose Vehicle (SPV) is also going to own 10,000 hectares of farmland, where we are going to cultivate the inputs for the flour mills such as cassava

and“Thisgrain. is a testament that when we say Enugu State is open for business, we are truly committed to it. We understand how to make a win-win deal, both for the investors and the people of Enugu State,” Mbah stated.

He assured the Jelfah group of continued support, enjoining other prospective investors to come over to invest in the state.

“We hope that this signals to other investors, who may still be on the fence that Enugu is ready for business. We are committed to not just creating the enabling environment, but also working with investors to help them de-risk investments and grow their businesses,” the governor concluded.

Speaking, the Chairman of Jelfah Group, Moses Saromi, said they were attracted by Mbah’s vision,

dynamic leadership, and speedily increasing ease of doing business in Enugu State under his leadership, saying that Jelfah was in a hurry to transform Sunrise Mills to a centre of excellence.

“Your policies have unlocked new opportunities for private sector participation, and Jelfah is proud to be part of this progressive movement.

“This acquisition of 60 per cent equity not only aligns with Jelfah’s long-term vision, but also furthers the governor’s ambition of empowering the people, revitalising moribund assets, and ensuring sustainable development. And together with our consortium partners, our goal is to transform Sunrise Four Mills into a centre of excellence, harnessing our collective expertise to drive growth and value creation.

“So, we firmly believe that this

partnership will catalyse positive change, spark job creation, elevate local production capacities, and contribute significantly to the socio-economic advancement of Enugu State,” he said.

“We have worked hard in the last months to get to this point. We have a short-term, medium-term, and long-term plan for the flour mills. Activities will start in earnest. In another 90 days, you are going to experience a lot of movements and activities about the revitalisation of the flour mills.

“Our activities will include recruitment of people, who will run the plant, indigenes of the state. And as the governor rightly said, we are creating a model that will provide the inputs for the mills, such as the 10,000 hectres of farmlands to cultivate all the inputs for the mills,” he said.

the 1960s, built his media empire into a globe-spanning media giant with major political and public influence.

His two companies are News Corporation, which owns newspapers including the Times and the Sun in the UK and the Wall Street Journal in the US, and Fox, which broadcasts Fox News.

Murdoch had been preparing his two sons to follow in his footsteps, beginning when they were teens, journalist Andrew Neil told the 2020 BBC documentary The Rise of the Murdoch Dynasty.

"Family has always been very important to Rupert Murdoch, particularly from the point of view of forming a dynasty," the former Sunday Times editor said.

Alice Enders, head of research at Enders Analysis, told the BBC the court battle was "actually about commercial interests".

"The solution would of course have been either for the siblings to have agreed to the change or more likely than not have been bought out in some way, but the price of buying them out is astronomical and Lachlan would have had to assume it just the same as Rupert bought out his siblings many years ago," she added.

In 1999, the Murdoch Family Trust, which owns the media companies, was supposed to largely settle the succession plans. It led to Murdoch giving his eldest children various jobs within his companies.

The trust gives the family eight votes, which it can use to have a say on the board of News Corp and Fox News. Mr Murdoch currently controls four of those votes, with his eldest children being in charge

of one each.

The trust agreement said that once Mr Murdoch died, his votes would be passed on to his four eldest children equally. However, differences in opinions and political views were said to lead to a family rift.

The media mogul stepped down as Fox and News Corp chairman in favour of Lachlan, who reportedly shares the same right-wing views as his father. This has reportedly led to James, Elisabeth and Prudence uniting and "fighting back".

The private court case is being held at Washoe County Courthouse in Reno, Nevada.

Media outlets have been barred from the proceedings, which are expected to unfold with testimony from the media titan and the four children named in the trust over the next week, according to the New York Times, which first brought the dispute to light after obtaining copies of sealed court documents.

These types of family battles often end in settlements. The case could also be prolonged, if it ends in a decision that one side chooses to appeal against, BBC said.

Prudence is Mr Murdoch's eldest child, from his marriage to his first wife Patricia Booker. He had Elisabeth, Lachlan and James with second wife Anna Mann, whom he was married to from 1967 to 1999.

Grace and Chloe's mother is Wendi Deng, who was married to the billionaire from 1999 to 2013. Murdoch's fourth marriage was to model Jerry Hall in 2016, with the couple divorcing in 2022. He recently married his fifth wife Elena Zhukova in June this year.

Shettima Reassures Airline Operators of Better Working Environment

Deji

Less than a week after signing the Cape Town Convention (CTC) Practice Directions, Vice President Kashim Shettima, yesterday, reassured stakeholders in the nation’s aviation sector of the federal government's commitment to creating a more conducive and better operating environment for airlines. He lauded last Thursday's signing of the CTC Practice Directions, describing it as a major boost for ease of doing business in Nigeria's

aviation industry.

Shettima gave the assurance during a meeting with stakeholders in the aviation sector under the aegis of Airline Operators of Nigeria (AON) at the State House, Abuja.

The meeting was part of the federal government's bid to address foreign exchange issues and the backlog of payments with the Central Bank of Nigeria, the National Hajj Commission and the Airline Operators of Nigeria.

On his part, Chief Executive Officer of Air Peace, Allen Onyema, noted the fragile nature of airline

operations, saying, "Airlines are exceptional, and any little thing can take an airline out of the market."

He stressed the need for continued support for airlines in line with global practice to ensure the sector's sustainability and growth.

"All over the world, airlines are supported to support the economy. It is not elitist," he pointed out.

Onyema, particularly praised the federal government's bold step in signing the CTC Practice Directions last Thursday, which he said will have far-reaching effects.

"What you did on Thursday is

going to open up this country to become an economic powerhouse," he declared, just as he said the move would enable airlines to "start interconnecting everywhere" and expand their reach across Africa.

"Even within Nigeria, you have just empowered the nation by doing that alone. In fact, the ease of doing business in the aviation sector is back,” the Air Peace CEO added.

Onyema, also called for additional measures to support the industry's growth, suggesting that the Central Bank of Nigeria can give airline operators a window within their

system because of the problems of the time," for airlines to navigate the current challenges."

Earlier, the Special Adviser to the President on PEBEC & Investment, Dr. Jumoke Oduwole, said the meeting was fruitful, as the federal government continues to explore ways of enhancing the business environment in the country. She said stakeholders in the aviation sector would continue to engage each other, to address challenges and make the environment conducive for improved investment and better service delivery to customers.

Elumoye in Abuja

Addeh in Abuja

L-R: CEO, Faysal Acquiring and Digital Payments, Mr. Wale Olajubu; Chairman, SuperSavers Supermarket Chain, Mr. Lucky Egede; Managing Director, ECMC, Dr. Augustina Anetor; Chairman, ECMC, Mr. Eromosele Anetor and Director, ECMC, Dr. Donald Osarumwense at the opening of the walk-in Clinic in Lagos... at the weekend

Ademola Lookman Named in Italian Serie A Team-of-the-Week

Moses Simon listed as Nantes’ Player of the Month of August

Duro Ikhazuagbe with agency report

Ademola Lookman’s stock has continued to rise in Italy as he has been named in the Serie A team of the week for the just-concluded game week.

The Super Eagles forward who missed Atalanta’s first three games of the 2024/2025 season due to transfer talks as he wanted to take his trade to French champions PSG, returned to action last week on a winning note.

Lookman scored a goal and contributed an assist as Atalanta defeated Fiorentina 3-2 at the Gewiss Stadium on Sunday in their second win of the Serie A season.

It was this flying start of Lookman who singlehandedly gave Atalanta their UEFA Europa trophy last season that ensured he has been named in Serie A Team of the Week.

According to Soccernet.ng, the former Leicester City man completes a Serie A forward line that consists of

Lookman has been named in Italian Serie A

Carabao Cup: Preston Stun Fulham in Historic Shootouts Win

Championship side Preston North End stunned Premier League Fulham winning 16-15 on penalties the Carabao Cup third round.

Ryan Ledson scored the winning penalty after Timothy Castagne blazed over the bar for Fulham.

Super Eagles midfielder, Alex Iwobi was on the score sheet in the shootouts.

Fulham's Jorge Cuenca and Preston's Kaine Kesler Hayden had earlier seen their own misses cancelled out.

Preston's success came via the longest shootout in League Cup history, eclipsing the previous record set by Derby County and Carlisle in 2016 when the Rams won 14-13.

Championships: Egypt, Nigeria Renew Rivalry in Addis Ababa

The intense rivalry between Africa’s top table tennis nations, Egypt and Nigeria, will be reignited at the 2024 ITTF African Championships. This prestigious event will take place in Addis Ababa, Ethiopia, from October 12 to 19.

Serving as qualifiers for the 2024 ITTF Mixed Team Cup in China and the 2025 World Championships in Qatar, the tournament will feature top teams and regional champions competing in two team events and five individual events: Men’s Teams, Women’s Teams, Men’s Singles, Women’s Singles, Men’s Doubles, Women’s Doubles, and Mixed Doubles.

Returning to Ethiopia after 24 years, the Local Organising Committee (LOC) promises an exciting competition.

As the reigning champions, Egypt will face fierce competition from arch-rival Nigeria, along with strong contenders like Tunisia and Algeria.

Khaled El-Salhy, President of the African Table Tennis Federation (ATTF), expressed confidence in Ethiopia’s preparations, highlighting their successful hosting of the Eastern Regional Championships in 2023.

“We awarded the hosting right to Ethiopia after their presentation at the last AGM in Tunisia as well as the successful staging of the Eastern Regional Championships in 2023 which gave us a perfect indication that they deserve to get the host of the 2024 ITTF-African Championships especially that they have not hosted any African major events in Addis Ababa since 2000,” he added.

“We believe the Ethiopia Table Tennis Federation has the experience to ensure a smooth and seamless tournament,” he said.

“The level of competition will be high as players vie for qualification to the 2025 World Championships in Doha, Qatar.”

and

Alex Meret.

de-

Lookman’s Super Eagles teammate, Samuel Chukwueze who has been on the fringe at AC Milan failed to get a mention in the prized squad of the hottest players in the Italian topflight at the moment.

Elsewhere, another Super Eagles winger, Moses Simon was named Player of the Month for August by his French Ligue 1 club FC Nantes.

The 29-year-old Nigerian forward returned from injury in March to

RESULTS

TODAY

Bologna v S’Donetsk

Sp’Prague v Salzburg Man. City v Inter Milan PSG v Girona

A record 6,000 local and international runners from across the African continent and Nigeria have registered for the third Lotus Bank Abeokuta 10km Run slated for September 28, 2024.

Organisers of the race , Nilayo Sports Management Limited, is gunning for a bronze label status for the Road race.

The Chief Operating Officer of Nilayo Sports Management Limited, Mr. Ebidowie Oweifie, noted that the theme of this year's edition of the Abeokuta 10km Race titled 'For Greatness' is meant to commemorate the birthday anniversary of the Egba paramount ruler, the Alake of Egbaland, Oba

Adedotun Aremu Gbadebo 111.

The 10km Run will flag off at Iyana Oloke at 6am and finish at The Alake Palace, Abeokuta.

Kenya's Peter Nwaniki is the men's race defending champion at a time of 28 minutes 14 seconds, while Shamila Kipsirir also of Kenya is the women's defending champion. Nigeria's race men's defending champion is Francis James at 31 minutes 08 seconds, while the women's defending champion is Patience Daylop at 36 minutes 31 seconds.

Lotus Bank, FEBBS Premium Water, Fatgbems Petroleum Limited and Cash Token will sponsor this edition of the Abeokuta10km Race.

HISTORY MAKER....

Harry Kane scored four goals to become England’s all-time highest Champions League scorer as Bayern Munich crushed Dinamo Zagreb 9-2 last night

C’Brugge v Dortmund Celtic v Slo’Bratislava

THURSDAY

Feyenoord v Leverkusen

Crvena Zvezda v Benfica

Atalanta v Arsenal Monaco v Barcelona

Atlético Mad. v RB Leipzig Brest v Sturm Graz

Harry Kane Scores Four Times, Breaks Record in Bayern 9-2 Crushing of Dinamo Zagreb

Mbappe scores first UCL goal in Real Madrid’s defeat of Stuttgart

Bayern Munich's Harry Kane scored four goals to become England's top scorer in Champions League or European Cup history in a demolition of Dinamo Zagreb.

Kane's fourth - his third penalty of the game - was his 33rd Champions League goal as he passed Wayne Rooney's old record of 30.

The quadruple also marked his 50th, 51st, 52nd and 53rd Bayern goals in just 50 games for the club.

Another London-born player, France winger Michael Olise, scored twice on his Champions League debut.

Bayern Munich are the first team to score nine goals in a Champions League game.

Kane gave Bayern the lead with a penalty after Aleksandar Pavlovic was fouled, sending goalkeeper Ivan Nevistic the wrong way.

Raphael Guerreiro scored a fantastic half-volley before Olise, the summer signing from Crystal Palace, headed in Joshua Kimmich's cross.

Bayern brought on Sven Ulrich for the injured Manuel Neuer at half-time and he conceded twice in five minutes before touching the ball - with Bruno Petkovic

Edo-born cycling revelation, Divine Ogbe, on Tuesday clinched another gold medal for Team Edo in the ongoing National Youth Games holding in Asaba,Delta State to increase the heartbeat state's medal haul after finishing tops in the female

and Takuya Ogiwara beating him to make it 3-2.

But Bayern took control againwith Kane scoring a rebound after Kimmich's shot was saved - and Olise slotting into an empty net.

England's Kane then scored his second spot-kick after a dubious handball decision from the video assistant referee.

And he netted a hat-trick of spotkicks, and his fourth goal overall, after Alphonso Davies was fouled.

Following the meeting of the Confédération of African Football (CAF) Executive Committee in Nairobi, Kenya on Monday, the CAF President, Dr Patrice Motsepe, confirmed the dates of the African Nations Championship CHAN 2024 final tournament.

The African Nations Championship CHAN 2024 will be played between 01 – 28 February 2025.

Leroy Sane came off the bench to smash in from 20 yards and Leon Goretzka headed in their ninth.

Jamal Musiala, Serge Gnabry and Kane also had goals disallowed for offside.

This is the joint second highest scoring Champions League game ever, level with Monaco's 8-3 win over Deportivo La Coruna in 2003. The record remains Borussia Dortmund's 8-4 win over Legia Warsaw in 2016.

Thomas Muller came on for Bayern for his 152nd Champions League appearance, passing Barcelona legend Xavi as the player to make the most appearances for a single club in the tournament.

Kane has scored nine goals in five games for Vincent Kompany's Bayern this season, also hitting a hat-trick in Saturday's 6-1 win at Holstein Kiel.

Elsewhere, Kylian Mbappe scored his first Champions League goal for defending champions Real Madrid in a hard-fought 3-1 win over Stuttgart at the Santiago Bernabeu.

The first round of Qualifiers will be played on the weekend of 25-27 October 2024.

“CHAN is scheduled to be hosted in East Africa. CAF will communicate in due course stadiums and other venues to be used for the competition,” observed CAF in a statement yesterday.

On Sunday, CAF President Dr Motsepe visited some of the venues in Kenya that are being prepared for CHAN. While noting the progress made and the commitment of the Government of Kenya, Dr Motsepe said there was a need for everyone to work together at speed to ensure that all venues and facilities are ready for the competition.

Senegal is the current champions of CHAN after they defeated hosts, Algeria two years ago in Algiers.

lift Nantes at the start of the new season. In the month under review, he scored twice against AJ Auxerre and Montpellier. Nantes won both games.

Romelu Lukaku and Florian Thauvin. The midfield has Christian Pulisic, Youssouf Fofana, Iling Junior Samuel,

Mateo Zaccagni. Then the

fence is made up of Denzel Dumfries, Theo Hernandez, and Alessandro Buongiorno. The starting eleven is completed by Napoli goalkeeper

Ademola

Team-of-the-Week

MISSILE

Bishop Kukah to Gov Obaseki, PDP

“It’s a pity, but we are not going to take anybody to court for not signing the Peace Accord. The only thing it does to you as a candidate is that it sends a wrong signal, which can be very easily exploited by the opposition. At the National Peace Committee, what we do is not in the Electoral Act, it’s not law; it’s moral” --CatholicBishopMatthewHassan-Kukah,frownsatthePDP’srefusal tosignthePeaceAccordaheadoftheEdoStategubernatorialelection.

KAYODESOREMEKUN

GUEST COLUMNIST

Memories of Oil, Nigeria and Tinubu

As the news unfolded about the Dangote Refinery and the countercurrents, I was stupefied. Specifically, I never knew that Nigeria’s oil policy would ever come to this sorry pass. Mind you, I am not innocent as far as oil and Nigeria are concerned. But I never thought for one moment that my country’s oil would be in a hock to external interests ably egged on by their internal collaborators. As I pondered over this issue, and the other related variable like, massive oil theft, I waited in vain for a rebuttal from official quarters. Thus far, none has come. So what is being bandied about our oil being used upfront as collateral for our debts by the previous regime may well be true.

As I began to ponder over this and other sad issues, memories came to mind about Nigeria and the black gold.

These memories are mainly owed to a career of over forty years in which I acquired various academic qualifications in the twin areas of oil politics and energy diplomacy.

In the course of this career, the shocks came very early during a field work, which eventually led to the highest academic degree in the area of oil and international relations.

In my attempts to gather first hand-information on oil politics, I had to interview a gentleman, a Nigerian and former secretary General of the Organization of Petroleum Exporting Countries (OPEC). We got talking and in due course, the name of a Canadian scholar, Terisa Turner came up. The gentleman categorically told me that he knew Terisa Turner. But since he was running late for another appointment, we agreed to meet on the same day, in the same place-his Western House Office on Lagos Island. We duly met as agreed. But when Terisa Turner’s name came up again, the former OPEC scribe told me that he had never met Terisa Turner in his life. I was aghast and I immediately sensed that I was entering an area of study that was populated by invisibles and invincibles!!

My next port of call, a few days later was on another gentleman. One of those super-perm secs of the Gowon Era. Very suave and self-assured in manners and diction. This is not surprising. Afterall, he had studied the three Greats: Politics, Philosophy and Economics in Oxford with a background in King’s College, Lagos. As an old boy myself, matters moved swiftly between us.

Then the name Terisa Turner came up again. On hearing T.T, this KCOB and Oxford alumnus lost his cool. He proceeded to mouth epithets against the woman, and such are better left out of this piece.

This much was clear however, I had to go back to the Library to search out the works of Terisa Turner. This was when I discovered that the woman wrote her PhD thesis on: The Formulation and Implementation of Nigerian Petroleum Policy. In the thesis, the thrust of her argument was that Nigeria is mainly an arena where the oil companies act out their various external interests in collusion with various internal interests to the detriment of the Nigerian State

This according to her was a recipe for instability. In this respect she went on to predict long before the 1983 coup that a coup was only a question of time in view of the various forces jousting for influence in the arena of oil policy in Nigeria.

Fast forward to 1985, after finishing the doctoral programme.

I was bristling with enthusiasm and I had to attend a conference in McGill University in

Canada, where I presented a Paper on: Oil, Nigeria and Mexico. After the presentation, one woman came up to me and said that there were gaps in my analysis. That I needed to do more work by way of more familiarity with the literature. I took this suggestion in my stride, after all knowledge by its very nature is infinite. I subsequently asked for the lady’s name and she revealed that she was Terisa Turner. I pressed on by asking her whether she knows the former OPEC scribe, she answered in the affirmative. I duly informed her that the man told me that he does not know her. She simply threw back her head and laughed. Yet another episode, which comes to mind, is the LNG Project. Dear readers please note that efforts to harness Nigeria’s gas resources date back to 1964 some sixty years. And as some technocrats are wont tell in fits of escapism, they always contend that Nigeria is not even an oil producing country; that it is in fact a gas producing social formation. My usual response to this is that the power realities, which govern oil, are also ever present in the gas industry. Long story short, on one fine day, a former oil minister, Tam David-West announced that the money earmarked for the LNG Project, some eight hundred million dollars was missing. The Nigerian media did not pick up the scent. I did and made enquiries from the lawyer in charge of the project under the first administration of Obasanjo. The lawyer was startled because I simply called on him to educate the audience on the issue at an open seminar in Obafemi Awolowo University. He in turn, educated the audience that the then departing regime of Obasanjo handed over the issue to the then incoming government of Shehu Shagari. For four years during the second republic nothing happened. Then the Special Adviser on energy to Shagari died. The 1983 coup came and the whiz kid of the Era bought into a major commercial bank. The new board of directors was made of top and retired personnel of the then NNPC. At this juncture even the non-imaginative reader can fill in the details.

Another episode, which comes to mind, involves

this writer and the late Ken Saro Wiwa. Largely at my instigation, I caused the defunct African Guardian Magazine to organize a seminar on: Oil Companies and Oil Community Relations. This was way back in 1993.I served as an anchor resource person at this seminar. In this capacity, I had to comment on every paper through analysis and interpretation. I was enjoying myself at this intellectual feast.

The crunch time was when it was Ken Saro Wiwa’s turn to present a paper. He did alright. But in a different way. He came forth with pictorial footages on the plight of the Ogoni people. The atmosphere changed. Most of the junior workers of the Presidential Hotel poured into the hall. It was no longer a seminar for sedate academics. Heavy advocacy was on courtesy of Ken, the irreverent Ogoni man. But one oil man from Shell would not let him be. He offered counters to Ken’s depositions. It was feisty exchange between the two men. A sort of civil war: for the other man was also from an oil-bearing area. As a serious student of oil politics, the implications and irony of this abrasive encounter was not lost on me. For here were two men from the South-South crossing swords with one batting on the side of the oil companies and with Ken on the other side. Evidently it was not a civil exchange and the two men nearly came to blows. For me, the episode brought to my mind the fate of one Italian man, Enrico Mattei who in an earlier era, also took on the oil companies. He died mysteriously in an air crash. And as the records go, it was reported that when Enrico Matteo died in what has been regarded as an arranged air crash, there were no long faces in the corridors of the oil companies. I went on to narrate this story to the audience and proceeded to pointedly warn Ken that if he was not careful, he would go down the Mattei way. This was precisely Ken’s fate two years later. On November 10,1995,he was hanged courtesy of a kangaroo trial, which precluded an appeal. Such indeed are the ways of oil.

As I reflect on this greasy fluid and Nigeria, what vividly comes to mind is that, no Nigerian leader has ever said anything concrete about oil. Rather the focus has always been on oil revenues. But there is an exception. That exception comes in the spirited interventions of Obafemi Awolowo.

As the Finance Minister under Gowon, he caused the government to send a delegation to other oil producing countries. He wanted to know why Nigeria was getting low returns from her oil. The delegation produced a comprehensive report as regards the way forward for Nigeria. This was a 1969 document and it should have been used as a Bible for our oil policy. But shortly after, Awolowo left the government and that was the end of the matter. But not quite.

In the run-up to the 1979 and 1983 elections the same Awolowo outlined comprehensive plans as regards how the oil industry would be run. But the man was too far ahead of his time. This was moreso when the sage was pitted against the vampires of the then ruling party.

So where are we at the moment. For much too long we have gone to sleep. Such that the abnormal has assumed the profile of the normal. For how can one explain a situation in which an oil producing country cannot refine its product and as such has to depend on refined imported oil.

However it looks as if the jinx is about to be broken since the hegemonic forces appear to be in retreat partly because of Tinubu’s latest thrust. It is instructive to note here that PBAT

has succeeded in doing the unprecedented by inserting the Naira as a transactional item in our oil business. No more the almighty dollar.

But in an overall sense: will he succeed? Can he succeed? If these questions can be answered positively, then Nigeria would have embarked on a path, which should have been taken several years ago.

But then, as the sage would say: better late than never.

But even then, there are matters arising from this latest phase of our adventure in the oil industry.

There is still much confusion about the pricing and how the product will get to the consumer. At a point in time, Dangote himself said he was waiting on the Federal Executive Council (FEC) as regards pricing. Again we were initially told that NNPC would be the sole off-taker of the products from the Dangote refinery. Meanwhile, as if NNPC is something of a scourge to the populace, it keeps breathing down our necks that the refined oil will not come cheap. And as we write, the street is not smiling as regards the availability and rising price of petrol. PBAT himself has not helped matters, by his depositions all the way from China.

Among other things, he was of the view that things will have to get worse, before they get better. True, and this is common place enough. But what remains unaddressed is that under the current conditions, Nigeria only gets 5 percent of what is due to her from the industry. The rest is appropriated by wiser folks outside Nigeria.

In more plaintive terms, what is being said is this; over time since the inception of what passes for the Nigerian oil industry, we have failed to put in place backward linkages, which would have catalyzed our quest for industrialization. For any country with a viable petrochemical industry (as well as a steel industry) would have successfully weaned itself from itself from unbridled importation which is the sad and tragic lot of our Nigeria, despite its oil.

So beyond all the noise about the Dangote refinery and the perennially coming Port Harcourt refinery, the challenge is really how we can run a viable oil industry that will serve as the foundation of an industrialized Nigeria. Luckily for us, this is not rocket science.

Other social formations through their respective oil companies have been able to serve their countries in this critical area.

On this note, my specific references are to entities like: PETROBRAS; (Brazil), SONATRACH; (Algeria), PEMEX; (Mexico), PETRONAS; (MALAYSIA).

Against this background, my final poser to PBAT is this: Is it possible for us to learn from one or more these countries as regards how we can attain a breakthrough in this critical area. As it is, the debates and discourses in this critical area of our oil industry have not even started.

This, I believe is the ultimate challenge before this administration in the area of the oil industrynamely the task of putting in place backward linkages which will give a novel fillip to the Nigerian economy.

Permit to end here by saying that a number of individuals are well placed to drive this novel policy thrust. Such individuals include: Engineer Oladele Afolabi, Engineer Kayode Ojo, Austin Avuru, Cyril Obi and Professor Julius Ihonvbere. -

President Bola Tinubu