TUESDAY 28TH NOVEMBER 2023 by THISDAY Newspapers Ltd

Zenith Bank, French Government Sign MoU to Establish Subsidiary in France Kayode Tokede Zenith Bank Plc has signed a memorandum of understanding

(MoU) with the French government to establish a subsidiary of Zenith Bank in France. The MoU, which was signed

by the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, and the French Minister for Trade, Attractiveness and French Nationals

Abroad, Mr. Olivier Becht on Friday, November 24, 2023, would enable Zenith Bank, through its wholly owned subsidiary, Zenith Bank

(UK) Limited, seek and secure the requisite regulatory approval from the Autorite’ de Controle Prudentiel et de Resolution (ACPR) to establish

a strategic presence in France. Speaking during the signing Continued on page 10

Kyari Returns as NNPC’s GCEO, Akinyelure Becomes New Board Chairman...

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Ariwoola: Unnecessary Cases Overstretching Judiciary, We Need Alternative Dispute Resolution Mechanisms Says nation can’t import foreign laws to try local cases Declares open last legal year, seeks full Supreme Court bench Considers it worthy legacy to leave behind FG charges NJC to fast-track appointment process

Alex Enumah in Abuja

Chief Justice of Nigeria (CJN), Justice

Olukayode Ariwoola, yesterday, appealed to Nigerians to be less litigious, but more disposed to alternative

dispute resolution instruments to free the courts from unnecessary cases over-stretching both human

and material resources in the judiciary. Declaring open the 2023/2024 Legal Year of the Supreme Court

in Abuja, being his last as CJN, Ariwoola reminded the public that there must always be a winner and

a loser after every legal firework. Continued on page 10

FEC Approves N27.5Trillion Appropriation Bill for 2024

Revises exchange rate to N750/$, oil benchmark now $77.96 Okays $1bn AfDB concessionary loan Oyedele-led tax reforms committee briefs FEC Council approves Nigeria’s draft human rights report to the UN Tinubu presents 2024 appropriation bill to N'Assembly tomorrow Abbas: We'll give Nigerians avenue to participate in budget process

Deji Elumoye, Sunday Aborisade and Juliet Akoje in Abuja The Federal Executive Council (FEC) yesterday, rose from its weekly meeting with the approval of N27.5 trillion aggregate expenditure for 2024 appropriation bill. With the approval by FEC, President Bola Tinubu is now set to present the appropriations bill to a joint session of the National Assembly tomorrow. Secretary, Research and Information Department of the National Assembly, Ali Barde, disclosed this to journalists yesterday. However, the Speaker of the House of Representatives, Hon. Abbas Tajudeen, yesterday disclosed plan by the 10th House to convene a town hall meeting with stakeholders on the 2024 appropriation bill. The proposed budget is N1.5 trillion higher, than the initial N26 trillion earlier approved by the FEC before the recent passage of the Continued on page 10

Signing of MoU with the French Govt...

L-R: Group Managing Director/CEO, Zenith Bank Plc, Dr. Ebenezer Onyeagwu; French Minister for Trade, Attractiveness and French Nationals Abroad, Mr. Olivier Becht; Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, and French Ambassador to Nigeria, Emmanuelle Blatmann during the signing of a Memorandum of Understanding (MoU) with the French Government for the establishment of a subsidiary in France, recently.

TUESDAY NOVEMBER 28, 2023 • T H I S D AY

T H I S D AY • TUESDAY, NOVEMBER 28, 2023

NEWS

Group News Editor: Goddy Egene Email: Goddy.egene@thisdaylive.com, 0803 350 6821, 0809 7777 322, 0807 401 0580

Oborevwori Groundbreaking ceremony of N98b flyover and road projects...

L-R: Managing Director of Julius Berger Plc, Mr. Lars Richter; Delta State Governor, Hon Sheriff Oborevwori; Deputy Governor of Delta State, Sir Monday Onyeme and Speaker, Delta State House of PHOTO: Sylvester Idowu Assembly, Rt. Hon Guwor Emomotimi Dennis at the Groundbreaking ceremony of N98 billion flyover and road projects in Effurun, Warri... yesterday.

Umahi: Tinubu Inherited N6tn Debt on Ongoing Road Projects Says no outright ban of asphalt for construction

Emmanuel Addeh in Abuja The Minister of Works, David Umahi, yesterday said President Bola Tinubu was concerned about the state of roads nationwide, explaining that the federal government inherited N6 trillion as debt on ongoing road projects from the previous government. Noting that the president had made a resolve not to complain about the current challenges in the sector, the minister listed the Makurdi-Nsukka 9th Mile Road, East West Road, Lagos-Abeokuta Expressway, Benin bypass, collapsed bridges of the Enugu-Port Harcourt road and Shendam, Plateau state, among others, as having drawn his attention in recent times. Aware of the enormous work, a statement from the ministry stated that Tinubu recently released N300 billion to start palliative work as well as continuation of most of the inherited ongoing projects. “President Bola Ahmed Tinubu, is aware of the state of our road infrastructure which he inherited on the May 29, 2023. Without prejudice to all the good efforts of the past administration on road infrastructure development which they tackled within the limit of their resources, the work to be done to change the ugly state of our roads is quite enormous. “ Mr. President is not complaining about the challenges he inherited in nearly all sectors of the economy,

especially as it concerns our road infrastructure, but he is quite courageous as he had promised to tackle the problems head-on. “This, he has started to do, not minding the debt burden inherited, especially the funding gap of over N6 trillion from most of the inherited ongoing road projects. “He has since reeled out plans of commitment and innovations towards actualising a sustainable road infrastructure development throughout the country. “He has just approved a 2023 supplementary budget of N300 billion for the ministry of works, comprising N100 billion for immediate palliative works in 36 states and the Federal Capital Territory (FCT) and N200 billion for continuation of most of the inherited ongoing projects and a few new but critical road projects,” the minister stated. In addition, he said that the president had directed that works on the palliative projects must commence before December 1, 2023, even while observing all due processes. He stated that on the sections being frequently complained of by the public in all regions of the country, the president has equally isolated them and directed immediate actions on them, with work having started. The minister stressed that engagements of the ministry will not be limited to the reported cases, but that they shall be holistic in approach

through approved measures and the interventions of the Federal Road Maintenance Agency (FERMA). He urged the public to assist the ministry and FERMA by reporting the contractors on poorly constructed roads, which should be photographed and reported immediately to some phone numbers he released. Meanwhile, the minister has said that he was shocked to observe the various misrepresentation of the position of the ministry on

the use of asphalt and concrete pavement in the development of roads infrastructure in the country. “The federal ministry of works has at no time banned the use of asphalt or directed that concrete pavement shall be the only means of road pavement structure,” he said. However, he stated that the position was that contractors on ongoing projects were requested to have a choice to continue to use asphalt or have their projects redesigned on concrete at no extra

cost to government. On use of asphalt, he stressed that the rule is that contractors shall stick to only 5 per cent Variation on Price (VoP) in line with the signed contract agreement, while the thickness of the asphalt pavement as designed must be strictly adhered to and must last at least 15 years. For the use of concrete, he said that contractors must abide by the 5 per cent VoP and 50 years design shelf life using “concrete grade 40.” “ Those who are complaining and

45m Children Enrolled in Universal Basic Education Scheme, Says Commission Kuni Tyessi in Abuja

The Universal Basic Education Commission (UBEC), yesterday disclosed that Nigeria has over 45 million children currently enrolled in its basic education system. Executive Secretary of UBEC, Dr Hamid Boboyyi, disclosed this at a one-day meeting on “Promoting Partnership with the Organised Private Sector”, in Abuja. Boboyyi said despite allocating over N100 billion to education every year, resources from the federal government alone can no longer run the system. According to him, even though

the federal government is spending money on education, the sector requires more resources to deliver quality education. The UBEC boss called on the private sector to appreciate the importance of providing education for children at an early age to contribute to the development of the country. "Resources alone from the federal government cannot run the system. Nigeria has over 45 million children in basic education subsector and with this number, we require the necessary classrooms. "A state may get a maximum of maybe N3 billion in the best

times, but N3 billion cannot take care of these. It needs instructional materials, you need a lot of other things," he said. While stating that education is the foundation of the collective existence of Nigerians, Boboyyi noted that if the country neglects education, there would be dire consequences. On the objective of the meeting, he said the commission was bringing together key stakeholders together in order to have a functional relationship with the private sector, in which the sector understands its activities and challenges in the basic education

Obaseki: Work Culture, Digital Capability of Edo Workers Yielding Good Results Governor Godwin Obaseki of Edo State has said his government’s commitment to enhancing work culture in the civil and public service and improvement of the digital capability of workers in the state to ensure effective and efficient service delivery to Edo people are yielding good results. Obaseki said this while reviewing activities of change agents at the i-Learn Series/Design Sprint Showcase held at the John Odigie Oyegun Public Service Academy (JOOPSA). The programme was organized by the ACIOE Associates and Public Digital, in partnership with the Edo State Government. The governor who was represent-

ed by his Special Adviser, Strategy, Policy, Projects and Performance Management, Sarah Esangbedo Ajose-Adeogun, said the state, as part of deliberate efforts to enhance the digital capability of workers, selected representatives across various MDAs as change agents, empowering them to effectively and efficiently deploy technology to identify problems and proffer solutions to challenges. According to her, “For the past one year, those selected to serve as change agents underwent a series of training on how to identify problems in the service and provide digital solutions to these problems. This forum provides the opportunity for them to demonstrate their capabilities. “With the advent of technology, the

de-marketing this policy are simply those who do not wish Nigeria well and they are the same people that use adulterated bitumen in their projects, while putting pressure on our naira through the importation of adulterated bitumen instead of developing our abundant God-given bitumen deposits in Ogun state and other parts of Nigeria. “Insofar as this new policy has not violated any law, the federal ministry of works is forging ahead with this new policy,” he stated.

average Edo civil servant should be ready to move from the analogue to digital, and with the change agents who will serve as bedrocks, the process will be seamless. “We are working with the digital change agents, putting them through a process with some of our partners, helping us solve problems we have identified in the Civil/Public Service. “Today, they are showcasing some of the digital solutions they have been able to come up with. We have seen two of those solutions. One is the emergency service solution and the other is the farmers' database solutions.” She added, “We are also talking about the sixth iLearn Series where we have spoken to the people about

changing the culture of Edo State Government in terms of becoming more collaborative and commercially aware; looking at every penny we spend and ensuring it produces the right outcome. “As a government, we should be professional in interfacing with our customers on a daily basis. We should be able to communicate with the people and let them know what we are doing in Edo State. “We have done six iLearn Series this year with the change agents, and trained the trainers to go into the MDAs to ensure that we all know where we are going as a state and where we are going is our vision 2050, to make Edo State the best state to live and prosper.”

One of the facilitators and Managing Partner at ACIOE Associates, Ekenem lsichri said the programme is designed to enhance the digital capability of public and civil servants to begin to offer more efficient services for the people. “The whole idea is how to incorporate a new digital culture and framework, leveraging on what Edo State is already doing. We are not bringing anything new but only supporting layers to transform the civil/public service. “We are helping them provide effective and efficient services to the people of Edo State. We are encouraged by the Edo State Governor, Mr. Godwin Obaseki who is a visionary and reformer.”

subsector. The UBEC chief executive also lamented that there has been a 29 per cent reduction in the number of teachers in Nigeria's basic school system following the COVID-19 crisis. According to him: "unless we can be able to pay our teachers and compensate them properly, motivate them it is very difficult to deliver the kind of education that we all dream of." He noted that part of the interface with the organised private sector was to work out a programme that could be beneficial to the development of basic education in Nigeria, in the areas of quality, expanding access and finding equity for the physically challenged. He also called on stakeholders to invest in the smart school initiative to build the technological capacity of the young population. On her part, the Head Oando Foundation, Mrs. Adegoke Adekanla, commended UBEC for its commitment towards advancing basic education in the country. Adekanla said the commitment of Oando Foundation also aligns with the broader initiative to strengthen the Universal Basic Education (UBE) programme through collaborative partnerships between the public and private sectors Represented by an official of the foundation, Mr. Ede Okechukwu, she stressed that basic education forms the foundation upon which all other forms of learning and development rest.

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

NEWS

10th Anniversary of SCAVOLINI in Nigeria...

L-R: The CEO/Executive Chef, Chef Eros & Co., Tolu Erogbogbo; the Consul General, Consulate General of Italy in Lagos, His Excellency Ugo Boni; the Founder/ Chief Executive Officer, Luca Visage, Ayokunle Dina, his wife Adeola Dina and the Deputy Consul General, Consulate General of Italy in Lagos Grazia Bellanova during the 10th Anniversary of SCAVOLINI in Nigeria & the private viewing of the new collection of Designer SCAVOLINI Kitchens, Bathroom and Living Room System held at the showroom, Lekki Phase 1, Lagos...on Sunday

Mele Kyari Returns as NNPC’s GCEO, Akinyelure Becomes New Board Chairman Renews Aduda’s tenure as Permanent Secretary

Deji Elumoye and Emmanuel Addeh in Abuja President Bola Tinubu yesterday retained Mele Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) and appointed Chief Pius Akinyelure, a former member of the board as its new Chairman. A statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, listed other members as Umar Ajiya, as having been retained as Chief

The New Board of NNPC Chief Pius Akinyelure Mele Kyari Umar Ajiya Mr. Ledum Mitee Mr. Musa Tumsa Ghali Muhammad Prof. Mustapha Aliyu Mr. David Ogbodo Ms. Eunice Thomas Financial Officer and Mr. Ledum

- Chairman - Group Chief Executive Officer - Chief Financial Officer - Non-executive Director - Non-executive Director - Non-executive Director - Non-executive Director - Non-executive Director - Non-executive Director Mitee as a Non-executive Director.

Also appointed were: Mr. Musa Tumsa; Ghali Muhammad; Prof. Mustapha Aliyu; Mr. David Ogbodo and Ms. Eunice Thomas, all as non-executive directors. The statement noted that the appointments which take effect from December 1, 2023, were in compliance with Section 59 (2) of the Petroleum Industry Act (PIA) 2021. Besides, Tinubu approved the appointment of two Permanent Secretaries, namely: Okokon Udo as the Permanent Secretary, Federal Ministry of Finance, and

also retained Gabriel Aduda as the Permanent Secretary, Federal Ministry of Petroleum Resources. “ Tinubu anticipates the fullest measure of compliance with the performance-driven and results-oriented mandate of his Renewed Hope administration in the implementation of energy policy that will monetise all available oil and gas resources of today. “This will also pave the way for the total exploitation of new and cleaner energy sources of tomorrow by this distinguished team,” the statement stressed.

Adelabu: FG to Adopt Bottom-up, Off-grid Strategy to Revamp Power Sector Says political will, leadership needed to raise supply NEMSA sets up 19 inspectorate offices nationwide

Emmanuel Addeh in Abuja The Minister of Power, Chief Adebayo Adelabu, yesterday said the federal government plans to adopt a bottom-up approach to ensure Nigeria has adequate supply of power in the not-so-distant future, as opposed to the top-to-bottom strategy adopted by his predecessors. The minister spoke in Abuja at a roundtable for the legislature, judiciary and other stakeholders in the power industry on emerging issues, especially on the re-enactment of the Electricity Act, 2023. It was themed: ”Engagement on the Enforcement of Technical Standards and Regulations in the Multi-tier Nigerian Electricity Supply Industry (NESI)" and was organised by the Nigerian Electricity Management Services Agency (NEMSA). Adelabu argued that what the nation has always lacked is not competent engineers to get the work done, but the political will and the right leadership to drive improvement in power supply. “What we need is the political will and I have it. We might be lightweight as individuals but with the backing of the president who has resolved that we must reap

the dividends of democracy, it can be done. “My strategy is a bottom-up approach in the electricity sector. Many ministers have been on the job but focusing on generation. What is power generation if it’s not delivered to the users. It’s useless. It’s like winking in the dark because the customer does not know what we are doing,” he stressed. According to the minister, more focus will now also be given to hydro and off-grid electricity supply sources, to reduce the pressure on the national grid. While stressing that infrastructure was important to do this, the minister stated that NEMSA must ensure that critical world class parts and quality materials are brought into the country, describing their work as important. “We are not joking with the power sector this time around. It must work. We don’t have any choice. Any country that is serious about realising the potential of its people must provide energy, otherwise they will remain potential,” he added. Adelabu stated that currently, Korea generates about 130,000 mw of power and distributes same, while

China generates and wheels up to 1.3 million mw of power, stressing that with focus, the power sector in Nigeria can be turned around. “I am not an engineer. But our problem is not engineering. We use imported technology which have been tested and are working elsewhere. The problem is leadership, focus and commitment,” he added. He explained that one of the major fallouts of the amendment to the Electricity Act, 2023 is the “devolution of powers” to the sub-nationals, to enact their own electricity laws across the value chain. Describing it as a game-changer, he noted that at the last count, not less than five states had enacted their own laws, hence the imperative for the members of the executive, legislature, and judiciary at the centre and the sub-nationals to collaborate. On his part, the Managing Director of NEMSA and Chief Electrical Inspector of the Federation, Aliyu Tahir, said the enforcement of technical standards and regulations remains a critical aspect in managing the growth of the electricity industry. He explained that it helps to ensure that all electrical installations deployed in the sector meet the

Naira Appreciates on Parallel Market to N1,155/$ Nume Ekeghe

The naira yesterday appreciated against the dollar on the parallel market where it exchanged at N1,155/$ yesterday in Lagos, stronger than the N1160 to a dollar it closed last Friday.

On the official I&E FX window, the naira closed yesterday, at N814.60/$, from the N794.89/$1 it closed on Friday. However, on the I&E, intra-day trade from the data obtained by FMDQ showed that the highest spot rate exchanged at N1130/$,

while the lowest spot rate recorded was N701/$. In terms of trade volume, the official I&E window reported a daily turnover of $100.06 million, signaling a 31.94 per cent decrease in turnover compared to the $75.82 million recorded on Friday.

required technical standards, regulations and specifications to ensure that such systems are capable of delivering safe and reliable power. “To effectively achieve its core

mandate of enforcement, NEMSA, as at today, has 19 Inspectorate Field Offices (IFO), six national meter test stations and one engineering and chemical laboratory.

Akinyelure, an administrator, and an oil industry egghead, was appointed about five months after the president dissolved the board of federal government’s agencies and parastatals. The new board replaces the one chaired by Mrs. Margary Okadigbo who was appointed on January 5, 2022 by former President Muhammadu Buhari. Akinyelure is a certified accountant and holds a Master’s of Science Degree in management, specialising in organisational behaviour and has over 30 years working experience in the oil industry at top management level. He retired from Mobil Oil Nigeria Plc on June 1, 1997, as an Executive Director, Finance and External Relations of the company. He had held top positions at Wema Bank Plc, Credite Bank Ltd, Odu’a Investment Limited, Oluwa Glass Plc, Okitipupa Oil Palm Plc, Odu’a Telecommunications Limited, Cocoa Industries Nigeria Ltd, Hallmark Bank and West African Portland Cement Plc.

Abiodun: Ogun Receiving Offers for Concessioning Agro-Cargo Airport

Approves constituency projects for 236 councilors

James Sowole in Abeokuta Ogun State Governor, Prince Dapo Abiodun, Sunday, disclosed that the state has received concessioning offers for the Gateway Agro-Cargo International Airport The airport located in the IperuIlishan axis of the state is nearing completion with aircraft already landing at the location. Preparatory to the concessioning process, the state government, federal ministry of aviation, and other stakeholders will, this week, meet on process of concessioning the airport. In another development, Governor Abiodun, has approved constituency projects for the 236 councillors in the state. The approval, the governor said, was in fulfilment of his promise to ensure the councilors execute projects in their various wards as the closest to the people at the grassroots. Abiodun made this known at the Governor's Office, Oke-Mosan, Abeokuta, when he received the jubilant councilors who were on ground to pass a vote of confidence

on his administration and also thank him for paying their full furniture allowance. Speaking on a Channels TV programme on Sunday evening, Governor abiodun disclosed that efforts by the state government to recoup every penny expended on the airport would begin with the take-off of the concessioning agreement. Abiodun said: "Returns on airport investments are not seen overnight. We have been receiving unsolicited offers from others who are desirous of consessioning this airport and paying us back everything the airport costs us. His words: "So, for us, our money has worked. We invested in building this airport to de-risk it because we realised that if we had gone ahead and advertised for others to come and build this airport for us, we probably would only have started building it at the end of our second term. So, we decided to bite the bullet. We invested. We have built that airport. "Because of the standard that we have adhered to - we’ve built

a world class airport here - we have now received unsolicited offers to concession the airport from us and I am happy to say that we have accepted one of those offers. “By the grace of God, on Tuesday, we will be signing that concession. You will see the minister of aviation along with the heads of aviation parastatals signing with us to a third party who currently manages three other airports in Africa. "And this third party would be paying the entire amount the airport has cost us. So, it would now be his responsibility to run this airport in line with the world best practices. He would be responsible for bringing in traffic to this airport, and I know that he is already speaking to some major cargo companies around the world. We’ve created this enabling facility. "They said you build a road that connects you from one point to the other, but when you build an airport, it takes you from one point to the rest of the world. And we think that with what we’ve done, we’ve opened Ogun State to the rest of the world."

TUESDAY NOVEMBER 28, 2023 • T H I S D AY

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

NEWS

INAUGURATION OF LANDMARK WATER PROJECT...

Governor of Enugu State, Dr. Peter Mbah, commissions the ultra-modern 9th Mile 24/7 Water Scheme in fulfilment of his promise to restore pipe-borne water to Enugu city in 180 days, while Special Adviser to the Governor on Water and Waste Management, Engr. Andreas Gebauer, others, applaud.

Jubilation as Oborevwori Performs Ground-breaking Ceremony of N98b Four-Star Projects in Effurun-Warri

Sylvester Idowu in Warri and Omon-Julius Onabu in Asaba

There was jubilation in Effurun-Warri in Uvwie and Warri South local government areas of Delta State, yesterday, as Governor Sheriff Oborevwori performed the groundbreaking ceremony of N98 billion four-star projects. It is the first time a first class construction firm, Julius Berger Plc, would be handling such a huge construction project in the state. The four projects include, “Design and construction of flyover bridge from Enerhen Junction, Effurun, to Marine Gate in Uvwie and Warri South local government areas. “Study, design and construction of road expansion and improvement works on the section of DSC/ NPA Expressway from Effurun roundabout to DSC roundabout on the Effurun/Patani (East/West) highway, including construction of a ¾ cloverleaf interchange at the existing Effurun flyover bridge as well as two pedestrian bridges, in Effurun, Uvwie Local Government Area. “Design and construction of flyover bridge at PTI Junction, along the Effurun/Patani (East/ West) Highway, Effurun in Uvwie Local Government Area. Design and construction of flyover at DSC roundabout, along the Effurun/ Patani (East/West) Highway, Effurun in Uvwie Local Government Area.” Performing the ground breaking ceremony, Oborevwori described

the occasion as the fulfilment of a promise he made to the people after his inauguration as governor on May 29 this year. The governor vowed to aggressively pursue the upgrading of roads across the three senatorial districts of the state in line with his MORE Agenda. He disclosed that the cumulative contract sum for the four projects was N77, 997,159,339.91, saying they would be completed in 27 months. The governor said the strategic projects were aimed at solving the gridlock often experienced from Effurun Roundabout, through PTI Road Junction to DSC Roundabout on the Effurun/Patani (East/West) Highway at Effurun. He said the projects would also help to ease vehicular movement at the stretch from Enerhen Junction, Effurun to Marine Gate in Uvwie and Warri South Local Government Areas. Oborevwori stated, “As I said during the contract signing ceremony, these projects will not only change the face of the Warri-Effurun Metropolis, they will also ease the traffic congestion in the area and alleviate the hardship faced by commuters. "As is often the case with road constructions of this nature, there will be direct employment opportunities for our people, especially engineers, artisans, and labourers. Food vendors and suppliers, transporters, quarry operators and so many others in the construction value chain also stand to benefit."

Oborevweri enjoined motorists and pedestrians in the area to be patient, orderly, and obey traffic rules and regulations to facilitate ease of movement and reduce travel time through the construction area. He added that the contractors required the understanding and maximum cooperation of the citizens to deliver the projects on schedule. He also encouraged motorists to use the alternative routes in the vicinity whenever feasible to reduce the volume of traffic in the construction area, adding that the state government has commenced

a programme of maintenance and rehabilitation of the alternative routes to reduce the inconvenience travellers and motorists will experience. Delta State Commissioner for Works (Highways and Urban Roads), Comrade Reuben Izeze, lauded Oborevwori for the vision to execute the projects. Izeze stated that it was the first time in the history of the state that Julius Berger would be executing projects for the state government. Managing Director of Julius Berger Nigeria Plc, Mr. Lars Richter, also commended the

The federal government will unveil a blueprint for the rollout of the Digital Switch Over (DSO) across the country. The Minister of Information and National Orientation, Mohammed Idris, disclosed this yesterday in Abuja while declaring open the management conference and retreat of the Nigerian Television Authority (NTA). He stressed the commitment

of the federal government to the DSO project saying the Ministry of Information and National Orientation would produce a DSO blueprint that would not fail and be rolled out across urban and rural Nigeria. He said the NTA will play a major role in the project. The minister challenged the NTA to reflect on the dynamic landscape of the media industry, especially with the advent of new technologies and changing viewer

The Olu of Warri Kingdom, Ogiame Atuwatse III, represented by Dr. Roland Oritsejafor, described the project as a symbol of unity and pledged the support of the people of Warri towards their successful completion. Chairmen of Uvwie and Warri South local government areas, Hon. Ransom Onoyake and Dr. Michael Tidi, respectively, in their separate remarks, said the people of the area were happy with the project delivery efforts of Oborevwori and would cooperate with the contractor to ensure prompt delivery.

Egina FPSO: NOSDRA Contradicts TotalEnergies, Declares 3,000 Barrels of Crude Lost to Spill Peter Uzoho

The National Oil Spills Detection and Response Agency (NOSDRA) has revealed that about 3,000 barrels of crude oil were lost to the November 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies. NOSDRA also stated that the "spill was not a minor one", adding that it was the response strategy put in place that resulted in limited impact. It added that it had been tracing and tracking the oil slick and supervising

response efforts. The Director-General of NOSDRA, Idris Musa, made the revelation when speaking to journalists, noting that the spill’s clean-up was still ongoing. The latest revelation, however, contradicted TotalEnergies’ claims of minimal impact. “This is not a massive leak and the sheen has been treated with the appropriate response that resulted in a reduction of most of it. No shoreline or communities have been impacted. “ Production has not been affected", TotalEnergies' Country

FG Mulls Comprehensive Blueprint for DSO Rollout Olawale Ajimotokan in Abuja

state government for the vision and insight to invest in the special infrastructure in the twin-cities. Richter thanked Oborevwori for finding the company worthy to execute the projects. He assured that the company will deliver the work on schedule and in line with specifications. On his part, the Ovie of Uvwie Kingdom, His Royal Majesty, Dr Emmanuel Sideso, Abe I, praised Oborevwori for the project and for remembering the Uvwie people, assuring that they would protect the project.

preferences that pose challenges and opportunities. “Our commitment to excellence and adaptability is paramount. The NTA must continue to evolve, embracing innovation while upholding the highest standards of journalistic integrity. “This retreat is coming at a time when there is growing number of options for the viewing public to source information from, more especially against the backdrop of the dominant role of social media

and the preponderance of false and misleading information therein; therefore, the significance of an event of this nature cannot be overemphasized,” he said. He noted that the signal upgrade of the NTÀ from standard definition to high definition was having appreciable impact on the viewing experience of members of the public, adding that this must be replicated in all NTA stations across the country to achieve the desired objective.

Communications Manager, Dr Charles Ebereonwu, had said in a terse message sent to THISDAY, last week. The FPSO, located 130 kilometres off the Atlantic coastline from Port Harcourt, has the capacity to produce 200,000 barrels of crude daily and can store 2.3 million barrels on board. "The spill was not a minor one; it was the response strategy put in place that resulted in limited impact, and we have been tracing and tracking the oil slick and supervising response efforts. “NOSDRA deployed personnel led by a director to the site, and we have remained on the spill site as well as granting the requisite approvals to hasten the response,” the NOSDRA boss stated. He explained that the agency deployed high-level personnel and activated the National Oil Spills Contingency Plan to contain the spill, adding that NOSDRA and TotalEnergies did not spare any effort in tackling the pollution to minimise its environmental impact, a development that kept the spilt crude from reaching the coastline. “The spill has not hit the coastline because of the effectiveness of the spill’s contingency plan we deployed,” he said.

Musa further explained that TotalEnergies took steps that made the response swift and effective, adding that other oil companies assisted in the response. He stressed that spill clean-up required a collaborative response from oil industry stakeholders, which, in this case, deployed aircraft and at least five vessels in the application of 15,000 litres of liquids to clean the waters. But when contacted yesterday to get his company's response to the latest revelation by NOSDRA, TotalEnergies Country Communications Manager, Dr Charles Ebereonwu, stated in a short reply to THISDAY that "We do not have any new information… rest assured we will communicate if and when there is need." The Nigerian Maritime Administration and Safety Agency (NIMASA) had in a statement issued last week reported a crude oil spill incident that occurred during loading operations in Egina FPSO on November 15, 2023. In the statement signed by its Head of Public Relations, Edward Osagie, the agency had said the incident occurred on November 15, 2023, at the 220,000 metric tons FPSO facility — operated by TotalEnergies — in Port Harcourt, Rivers state.

TUESDAY NOVEMBER 28, 2023 • T H I S D AY

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

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SERAP Urges World Bank to Suspend Loans to Nigeria’s 36 States over N87tn Debt

Emmanuel Addeh in Abuja

The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President, Mr Ajay Banga, to suspend any loans and funding to the 36 states of the federation. It therefore called for a transparent investigation into the spending of loans and other facilities by the country’s 36 state governors and find out there is relevant admissible evidence of mismanagement or diversion of public funds. SERAP urged the bank to suspend further applications for loans and any other funding to the 36 states until they are able to satisfactorily explain details of spending of loans and other facilities obtained from

the bank and its partners. In a letter dated November 25, 2023 and signed by SERAP’s Deputy Director, Kolawole Oluwadare, the organisation said there was a significant risk of mismanagement or diversion of funds linked to the bank’s investments in many of the states. “The World Bank and its partners cannot continue to give loans and other funding to these states where there are credible allegations of mismanagement or diversion of public funds. “We are concerned that there is a significant risk of mismanagement or diversion of funds linked to the bank’s investments in many of the country’s 36 states. It is neither appropriate nor responsible lending to give loans to these states only for

the loans to be misspent.” “The World Bank’s lending, and support for these states may create the impression of complicity in the allegations of mismanagement or diversion of public funds by the states which may include loans from the bank and its partners, and federal allocations. “We would consider the option of pursuing legal action should the World Bank fail to implement the recommendations contained in this letter, and we may join the country’s 36 states in any such suit,” SERAP stated. It noted that according to Nigeria’s Debt Management Office (DMO), total public debt portfolio for the country’s 36 states and the Federal Capital Territory (FCT) is

currently N9.17 trillion, while the federal government’s total public debt portfolio is N78.2 trillion. “SERAP also urges you to demand express commitment from Nigeria’s 36 governors to address credible allegations of mismanagement or diversion of public funds in their states and provide guarantees that loans and funding from the bank and its partners would not be used to fund the luxurious lifestyles of politicians. “SERAP urges the bank to send independent monitors to the 36 states to monitor the spending of the loans and other funding obtained from the bank and its partners to remove the risks of mismanagement or diversion of public funds by these states,” SERAP stressed.

The World Bank, it said, currently has a portfolio of about $8.5 billion spread across the country. It also pointed out that the Bank has approved several loans and other funding facilities for the country’s 36 states, including the recent $750 million credit line meant to the states carry out reforms to attract investment and create jobs. “The accounts of Nigeria’s 36 states are generally not open to public scrutiny as many of them continue to refuse freedom of information requests seeking transparency and accountability in the spending of public funds. “The World Bank and its partners need to make clear to Nigeria’s state governors that it would not tolerate any mismanagement or diversion

Mr Ajay Banga of public funds by immediately suspending any pending loans and other funding to them until the allegations of mismanagement or diversion of public funds are investigated,” it added.

A r i w o o l a : U n n e c e ssa ry Cas e s Ov e r st r e tc hi n g J udi c ia ry, W e N e e d A lt e r n ati v e D is p ut e R e s o l uti o n M e c ha n isms He said Nigeria could not import foreign laws to try local cases, as some litigants “would erroneously and desperately want us to do in the quest to get victory”. It was an apparent reference to the last presidential election litigation, where the opposition parties used evidence from courts in the United States to challenge President Bola Tinubu’s qualification to vie for the presidency.

Ariwoola said he would do everything possible to ensure that the apex court attained its full complement of 21 justices before retiring next year. Speaking at the event, Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, SAN, urged the National Judicial Council (NJC) to expedite action on the process of appointing more

justices to fill vacancies on the bench of the Supreme Court. On its part, the Body of Senior Advocates of Nigeria (BOSAN) advised NJC to extend the appointment of justices to include Senior Advocates of Nigeria (SANs) and the academia. The ceremony, which involved the conferment of the prestigious rank of the Senior Advocate of Nigeria

FEC Approves N27.5trillion Appropriation Bill for 2024

Medium Term Framework (MTEF) and Fiscal Policy document by the National Assembly. Speaking with newsmen at the end of the FEC meeting presided over by the President at the Council Chambers of the State House, Abuja, the Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, disclosed that the Council also approved a revised Medium Term Economic Framework and Fiscal Policy document which would be represented by the President to the National Assembly alongside the 2024 Appropriation Bill. Describing the budget as, "a process until it is signed into law," the Minister said its details would be released when Tinubu presents it to the National Assembly in a matter of days. According to him, the MTEF and fiscal policy frameworks which had earlier been passed by the National Assembly were also further reviewed. Bagudu, added that the forecast revenue for 2023 stood at N18.2 trillion, which, he said, was higher than the 2024 revenue including that provided in the two supplementary budgets while the deficit was lower than that of 2023. He explained: The 2024 budget proposal has the aggregate of N27.5 trillion which is an increase of over N1.5 trillion from the previously estimated using the old reference prices. "The FEC considered the 2024 appropriation bill. The MTEF was earlier approved by the National Assembly. It has an exchange rate of N700 to a dollar and a crude oil benchmark of $73. “To improve revenue, the council further reviewed the MTEF, with an exchange rate of N750 to a dollar, and a crude oil benchmark of $77. This will significantly improve revenue. "FEC considered the 2024 appropriation bill. You may recall that the Medium Term Expenditure Framework was earlier approved and transmitted to the National Assembly, which the assembly graciously approved and that approved Medium Term Expenditure has the exchange rate of N700 to $1 and equally, the benchmark crude oil price at $73.96 cent. "Mr. President’s determination to find more money to fund our priorities, today the Federal Executive Council further revised the Medium Term Expenditure Framework and Fiscal Policy Framework and two of the important decisions were to use an exchange rate of N750 to $1 and also a benchmark crude oil reference price of $77.96, meaning $4 more than the earlier approval. "This will significantly increase government revenue that Mr.

President intends to use in further supporting the ministries, departments and agencies in the execution of the eight priority areas, particularly Health, Education, infrastructure, security and other developmental areas. "Equally, the FEC approved the 2024 Appropriation Bill and the presentation of such to the National Assembly by His Excellency, Mr. President. The bill has an aggregate expenditure of N27,500,000,000,000, which is an increase of over N1.5 trillion from the previously estimated, using the old reference prices. "The forecast revenue is now N18.32 trillion, which is higher than the 2023 revenues, including that provided in the two supplementary budgets. Equally and commendably, the deficit is lower than that of 2023. Details of the Renewed Hope Budget will be announced by Mr. President when he makes the presentation to the National Assembly." Also speaking, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed that FEC also approved a concessionary budget support loan of $1 billion and $100 million financing from African Development Bank ( AfDB) and $15 million from Canada-African Development Bank Climate Fund. According to him: "I would like to give a summary of the memos that I had approved at Council today and of course, they were all to do with financing. First of all, there was an inherited financing, an inherited loan processing, which was to do with the $100 million financing from AfDB and $15 million from the Canada-African Development Bank Climate Fund. "Essentially, it was processed before this administration came in and, so it has been inherited. Essentially, it is concessional borrowing, around for 4.2 per cent per annum by Abia State, through the federal government. So the funds are to be lent to Abia State and they are for waste management and rehabilitation of roads in Umahia and Aba, in particular. That was approved. "Secondly, there was financing of $1 billion, concessional financing of 25 years, eight years moratorium at about the same for 4.2 per cent per annum, which was approved by the AfDB for this administration and really, it was in recognition of the macro economic measures that have been taken, the swift movement towards macro stability, restoring revenue, improving the foreign exchange situation, and so forth, that have been taken by this government. “The reward, as far as the AfDB, a

concessional financing organisation, was to provide $1 billion in general budget support "In order to keep working hard and maximising the ability of the government to use the markets and to take advantage of different situations and improve situations, the FEC approved a total limit of N2 trillion to be available for use by Ministry of Finance in order to go in and out of the market and essentially to, where possible, bring down the rate of interest on the current outstanding. "So essentially, it will be refinancing and the view is that there will be an opportunity to save about N50 billion or more in debt servicing over time by giving back expensive debt refinancing with cheaper funding." For its part, the Presidential Fiscal Policy and Tax Reform Committee, headed by Taiwo Oyedele, also briefed the FEC yesterday, providing updates on its activities after 90 days of operation. Edun, who provided hints from the Committee’s briefing to the Council, lauded the works so far done, noting that its report was well received by the President. He explained: “There was a briefing by the Fiscal Policy and Tax Reform Committee, essentially they’ve been working for roughly 90 days, they've been working very well and very effectively, such that they are in a position to have even impacted the economy by coming up with initial reforms, as well as signposting the way forward the in terms of very important targets. “So in a nutshell, the policy on VAT removal on diesel is from them, they are looking to help boost fiscal situation of the government by increasing revenue, particularly tax revenue, through digitalisation, additional efficiency and rationalisation of the range of taxes that we have at the moment. “They are looking to increase the ratio of tax-revenue-to-GDP to 18 per cent, which is the average for Africa; so many countries are above that level. It is actually about double where we are now and within a matter of a few years, their target is to reach 18 per cent. “Other economic measures, in the short term, are being contemplated and their report was well received by Mr. President and indeed, the whole Federal Executive Council,” he said. On his part, the Attorney-General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, said Council approved Nigeria’s draft Human Rights reports for further transmission to the United Nations Commission on Human Rights. Fagbemi, who made this known

(SAN) on 58 legal practitioners, Ariwoola said, "Incidentally, is the last legal year that I will be presiding over, by virtue of the provisions of the 1999 Constitution of the Federal Republic of Nigeria (as amended).” Ariwoola was sworn in last year as CJN, following the voluntary retirement of his predecessor, Justice Ibrahim Tanko Muhammad, on health grounds. He is expected

after the Monday FEC meeting stated that the approval is for the fourth cycle of the United Nations Universal Periodic Review and in fufillment of the practice of reporting human rights records. “The memo I presented was for approval of draft national report for the fourth cycle of the United Nations Universal Periodic Review. As you all know, Nigeria is a member of so many international jurisdictions, including the United Nations, and at the United Nations there’s a practice of reporting your human rights records, among others, periodically. We reported in 2009, in 2013 and 2018. “So since 2018 we have not made any report and there'll be a meeting where all these reports will be considered in February 2024. We believe that it's just right that we forward this report ahead of that meeting in February 2024. “After engaging critical stakeholders in the country in each of the six geopolitical zones and including the three tiers of government; the national, state and local government levels, we compiled the report which we are sending to the United Nations on human rights universal periodic review for consideration. “Before we can do that, we have to bring it to the Executive Council. So we got approval to forward the report to the United Nations”, he said. FEC also approved N3.23 billion for the procurement of baggage scanners in five international airports of Abuja, Lagos, Enugu, Port Harcourt and Kano. Continued on page 36

to retire next year August, upon attaining the mandatory retirement age of 70. In his address at the opening of the legal year, the CJN emphasised the need to respect the rule of law and the holistic independence of the judiciary. He said, "The judiciary, as it is today, is more deserving of public trust and confidence than ever before." According to him, if the people’s faith in the judiciary is to be maintained, judges must be above board, and deliver justice without fear or favour. Ariwoola stated, "I admonish all of us to always be impartial in all our judgements. I am saying all these now because I will never have this great privilege and opportunity to address the galaxies of legal luminaries, judicial icons and distinguished personalities in the justice sector of our dear nation in another legal year of the Supreme Court as Chief Justice of Nigeria in my entire lifetime again." Ariwoola assured that he would do everything possible to ensure that the apex court attained its full complement of 21 justices before his retirement next year. Currently, there are just 10 justices on the bench of the apex court; the lowest in the history of the court. While observing that efforts were made by his predecessor, albeit unsuccessfully, to increase the number of justices on the Supreme Court bench, he disclosed, "As soon as I assumed office on the June 27, 2022, I immediately got down to work on this urgent and immediate need in particular. "Though we have not gotten them on board yet, I can convincingly assure the litigant public that within a very short while, the Supreme Court of Nigeria will, for the very first time in its history, get the constitutionally-prescribed full complement of 21 justices. "That is one of the legacies I have been working assiduously to leave behind as it now seems that the court has been somewhat ‘jinxed’ from meeting its constitutional requirement since that piece of legislation was enacted several years ago." He admonished Nigerians on

the imperative of being less litigious and more disposed to alternative dispute resolution methods to free the courts from unnecessary cases that over-stretch both human and material resources. The CJN called for amendment of the relevant laws to end most appeals at the Court of Appeal, which he said was competent, dexterous and well-equipped with the right materials and manpower to adjudicate effectively and resourcefully. He said, "In every dispute, only one party must win; and winning could come after intense legal fireworks that is transparent and based solely on subsisting laws of the land. “We cannot import foreign laws to try our cases here, as some litigants would erroneously and desperately want us to do in the quest to get victory. "If we really want to make progress as a nation and collectively build a virile legal framework that will serve our interest to the best of its ability, we must begin to have a change of attitude. We are not only here to celebrate the new legal year but to equally speak truth to ourselves and also purge ourselves of most of our wrongdoings and misadventures." The CJN called on members of the public with complaints bordering on untoward behaviour or misapplication of the law by any member of the election tribunals to channel such to NJC for prompt action. He added, "I will not condone any form of malfeasance or nonchalance from any judicial officer in the tribunal or regular court." He disclosed that in the last legal year, the apex court handled 1,271 cases, comprising motions and appeals. Ariwoola stated, "Out of these, we heard 388 political appeals, 215 criminal appeals, and 464 civil appeals. Similarly, the court considered a total number of 49 criminal motions, 153 civil motions, and two political motions. “Between September 30, 2022 and July 11, 2023, the Supreme Court delivered a total number of 251 Continued on page 35

Zenith Bank, French Government Sign MoU to Establish Subsidiary in France ceremony, Ovia, was quoted in a statement yesterday, to have said, "It gives me great pleasure to welcome you to Nigeria and Zenith Bank. I am indeed very delighted about the signing of this MoU with France. “For me, it is an honour to do this on behalf of the bank, and we look forward to securing the licence and starting operations in early 2024." He thanked the French Ambassador to Nigeria, Emmanuelle Blatmann and her colleagues at the French Embassy in Nigeria for their efforts towards improving French-Nigerian business relations. Also speaking during the ceremony, the French Minister for Trade, Attractiveness and French Nationals Abroad, Mr. Olivier Becht, said: "I want to thank you very much for your decision to open a branch of Zenith Bank in Paris. We are thrilled to welcome

in France Zenith Bank's first office inside the European Union. “For us, that’s a very good signal, and it is undoubtedly a demonstration of mutual confidence. No doubt also that your vision on international finance guided you to decide to open this branch and this decision in many respects can also be regarded as a milestone in French-Nigerian economic relations and an illustration of our friendship." He noted that the government of President Macron had adopted a pro-business agenda in order to make France more attractive by undertaking several reforms in labour law, simplifying a lot of procedures and cutting business taxes, corporate taxes and production taxes by more than 25 billion Euros, adding that, "we hope that the opening of the branch of Zenith Bank in France will also be an occasion to boost the

French-Nigerian business in order to have more French companies investing in Nigeria and also to have more Nigerian companies investing in France." Zenith Bank has continued to distinguish itself in the Nigerian financial services industry through superior service offerings, unique customer experience and sound financial indices. The bank remains a clear leader in the digital space, with several firsts in deploying innovative products and solutions and an assortment of alternative channels that ensure convenience, speed, and safety of transactions. Zenith Bank also has subsidiaries in Ghana, Zenith Bank (Ghana) Limited; Sierra Leone, Zenith Bank (Sierra Leone) Limited; The Gambia, Zenith Bank (Gambia) Limited. The Bank also has a Representative Office in The People’s Republic of China.

TUESDAY NOVEMBER 28, 2023 • T H I S D AY

T H I S D AY • TUESday NOVEMBER 28, 2023

politics

Acting Group Politics Editor DEJI ELUMOYE Email: deji.elumoye@thisdaylive.com (08033025611 SMS ONLY)

Intrigues as PDP Gets Senate’s Minority Leadership Positions

The Senate witnessed a rowdy session last Tuesday after the Senate President, Senator Godswill Akpabio, announced Senators Abba Moro and Osita Ngwu as Senate Minority Leader and Minority Whip respectively. Sunday Aborisade reports.

Akpabio

he seats of the Senate Minority Leader and Minority Whip became vacant after the Court of Appeal sacked the former occupants, Simon Davou Mwadkwon (PDP, Plateau North) and Darlington Nwokocha (LP, Abia Central) respectively. The appellate court nullified the election of Mwadkwon and ordered a rerun while Nwokocha was removed and Augustine Akobundu of the PDP declared as the authentic winner of the February election in the senatorial district. During Tuesday’s plenary, Akpabio announced the duo of Abba Moro (PDP, Benue South) as minority leader and Osita Ngwu as the minority whip. The Senate President said the new minority leaders had the majority support of their colleagues in the opposition parties. He said 41 minority senators signed the document endorsing Moro as minority leader while 30 backed Ngwu for minority whip seat. According to Akpabio, “Senator Abba Moro is now the Minority Leader of the Senate and this is the resolution of the minority in favour of Senator Abba Moro, 41 senators signed. “I also have another document sent by minority leaders. majority of them, numbering 30 have also signed nominating Senator Osita Ngwu as the Senate Minority Whip”. There was however, a rowdy session after the announcement when members of the Labour Party started calling for “point of order”,.obviously indicating that the announcement did not go down well with them. Akpabio yielded the floor to them and Senator Okechukwu Ezea (LP, Enugu North), took the floor. Raising a point of order, Ezea protested the absence of his party in the minority leadership, describing the arrangement as injustice against other minority parties. He said, “How can the PDP take three minority leadership seats? This is unfair, unjust and unacceptable. “At the minority meeting from which we just came out of, Abba Moro was endorsed but the position of minority whip we agreed to schedule another meeting because the leadership has to be shared equitably. “There is no way we have four leadership seats for minority in this Senate and the PDP will take three of the seats. “The next Party is Labour Party with seven senators and we get nothing, that is unfair, that is unjust, that is unacceptable and is against the spirit of the Nigerian Constitution.”

Moro

Ruling on the point of order, Akpabio said, “That is the PDP, If you were talking about the APC, I am sure they would have been fair and considerate. “I am in total sympathy with the Labour Party, I am in total sympathy with the minority party, the Social Democratic Party and others. “I am relying on the documents in my hands and majority, out of the total majority. So that is PDP for you, so your point of order is noted. The Senate President can only work with the evidence before him. “The minority has very distinguished Senator (Enyinnaya) Abaribe and very ranking, his name is not here, the former speaker Aminu Tambuwal, his name is not here. “We have Distinguished Senator Seriake Dickson, and Distinguished Senator Godiya Akwashiki, Senator Jarigbe Jarigbe, a ranking senator his name is not here but taking cognizance of the number of senators in the minority caucus it follows that all you need to produce a leader is majority. “If you are about 48 or 49 and 30 people have signed what is the magic that you said he should not be announced? “If you are 49 and 41 persons have signed for Abba Morro what is the reason why you said the senate President should not announce? “I want you to bear something in mind. In my front I have two papers, majority have signed, some are still signing but not

Ngwu

all of you have signed for Abba Moro but he already has the majority. “It would be unfair for me to ignore the majority signatures and refuse to announce Senator Abba Moro as your minority leader for now. “At the same time, it would also be unfair for me to see somebody who actually is in the majority, what he actually need is 24 or 25 senators and he has up to 30 and I will not announce him. “No matter your personal observations, I just want to plead with my colleagues to understand that my job here is not to take individual opinion or to work what some want but to work on the bases of truth. “So this issue for minority leader or Minority Whip is for now rested until you produce another paper.” The Senate was thereafter thrown into a rowdy session with Labour Party lawmakers rejecting the exclusion of their party in the minority leadership. Amid the uproar, Senator Tony Nwoye (LP, Anambra North) accused Akpabio of picking minority leaders for the opposition parties. He vowed to resist the action and dared Akpabio to suspend him from the red chamber. “How can you be chosing minority leaders for us? Are we your slaves? Enough of all these things. We will resist it. The worst you can do is to suspend me,” Nwoye tackled the Senate President. Lawmakers from the ruling party made frantic efforts to pacify their colleagues from LP, some of whom approached Akpabio for consultation. After about 15 minutes of rowdy session, the Senate President addressed the opposition lawmakers and dismissed the claim of his interfering in the affairs

The Senate was thereafter thrown into a rowdy session with Labour Party lawmakers rejecting the exclusion of their party in the minority leadership. Amid the uproar, Senator Tony Nwoye (LP, Anambra North) accused Akpabio of picking minority leaders for the opposition parties. He vowed to resist the action and dared Akpabio to suspend him from the red chamber. “How can you be chosing minority leaders for us? Are we your slaves? Enough of all these things. We will resist it. The worst you can do is to suspend me,” Nwoye tackled the Senate President.

of the opposition. Akpabio said he only announced the names forwarded to him by the opposition caucus and that it would be unfair not to respect the voice of the majority. He, therefore, urged the opposition caucus to always put their house in order before forwarding any name to him. According to him: “All we need to produce a leader is a simple majority. What’s the reason for not agreeing with the position of the majority? “41 minority senators signed for Abah Moro and 30 signed for Osita Ngwu. They have the majority. It will be unfair for me not to announce them after getting majority of support. My job is not to work with individual opinion but with majority of position. Efforts by Senator Adamu Aliero (PDP, Kebbi) to convince Akpabio to stay action on the seat of the minority whip failed as the Senate President ruled him out of order. Aliero explained that the opposition caucus resolved that Abba Moro should be the minority leader but was yet to decide on the position of the minority whip. But Akpabio referred him to Senate Standing Rule 52(6), which says it shall be out of order for any senator to speak on any issue that has already been decided. Akpabio, therefore, ruled Aliero out of order. Briefing newsmen after the drama, Moro pledged to reconcile all the aggrieved lawmakers with a view to providing strong opposition to move the country forward. He said, “I will endeavour to bring all our people together to achieve oneness. We will provide viable opposition that would make government to provide good governance where Nigerians would enjoy social amenities.” The PDP senators had, penultimate week, held a crucial meeting at the National Assembly complex Abuja on the replacement for the principal positions of Senate Minority Leader and Minority Whip. Senator Garba Maidoki (PDP, Kebbi South), who briefed journalists after the closed-door meeting, had said the opposition lawmakers settled for North Central geo-political zone to produce the Minority Leader. THISDAY checks revealed that only the PDP senators met secretly to pick Ngwu even when consultations were ongoing among the minority caucus. It was also learnt that the minority caucus have been meeting to resolve the issue.

T H I S D AY • TUESday NOVEMBER 28, 2023

politics

Ize-Iyamu Remains Main Issue in Edo’s Political Narrative

As Pastor Osagie Ize-Iyamu joins the race for Edo State 2024 governorship race under the platform of the All Progressive Congress, Iyobosa Uwugiaren writes that the former Secretary to the State Government remains the subject of discourse in the state’s politics.

n spite of the mounting concerns of dysfunctional governance being experienced in all areas of life in Nigeria today, coupled with a polluted political environment, where political supporters are only attracted by the quantity and quality of patronages, and where occupants of public offices believe that their positions entitle them to unbridle access to public resources for themselves and service their followers, political observers wonder why Pastor Osagie Ize-Iyamu still remains the main issue in Edo State’s current political narrative. The former Secretary to Edo State Government left public office over two decades ago, and for those very close to him, he had little or no patronage to disburse to his followers - as commonly practiced by politicians to keep their followers. But the chieftain of the APC still commands a cut-like followership. This is evident when thousands of friends, family members and political associates gathered recently at his house in Ugbor area of Benin City to elicit his acceptance to run for the Edo 2024 governorship election under the platform of the APC. According to some of his followers who attended the meeting, the call for Ize-Iyamu to join the governorship race had been growing louder and clearer, with increasing number of groups and individuals saying he was good to go - after several assurances by the party leaders to support him for the race. Prominent party members across the 192 wards and 18 Local Government Areas (LGAs) in the state attended the meeting; including representatives from different ethnic groups, including the Edo State Arewa/Muslim group, Christianity Groups in Edo State, Yoruba community, Igbo community, Ijaw, and others. ‘’Notable leaders from the three senatorial districts spoke at the meeting, expressing their unalloyed loyalty and support for the candidacy of Pastor Osagie Ize-Iyamu, whom they referred to as their Home Boy owing to his political tenacity over the years’’, an insider at the meeting stated. To be sure, confirming the meeting in a statement tilted ‘’On Edo 2024’’, the former Chief of Staff to ex-Governor Lucky Igbinedion, explained that he had the ‘’esteemed privilege’’ of meeting with members of his political family from across the 192 wards that make up the 18 Local Government Areas of Edo state. ‘’The meeting afforded us the opportunity of sharing our thoughts on the state of Edo, after, which we collectively agreed on simple and implementable steps needed to put her back on the highway to sustainable development. ‘’As the discussion evolved, the subject of whether or not I will be contesting the Edo 2024 gubernatorial election came forth. Having listened keenly to the discussants and taking into consideration the tarnished hopes of our people and their call for a more responsible government that places them at its epicenter, I accepted the request to enter the race for the Edo State 2024 governorship election’’, the chieftain of All Progressive Congress (APC), stated. The two-time gubernatorial candidate in Edo State election added that although his decision came at no ease, he however, expressed happiness for the implicit confidence reposed in him by friends, associates, admirers and adept followers. According to him, ‘’As someone who was born, raised, schooled and

Ize-Iyamu

who works and lives in Edo, I have never hidden how passionate I am about reversing the dwindling fortunes of this state. Therefore, I urge every wellmeaning citizen and resident of Edo to join hands with me to set our beloved state on the pathway to a holistic development.’’ Endorsing Ize-Iyamu’s aspiration, an influential politician in Edo State, Dr. Gbenga Daodu said, ‘’Without a shred of doubt, he is eminently qualified and deliberately prepared and divinely commissioned to govern Edo State otherwise known as the Heart Beat of the Nation. ‘’Clearly, his attributes are enormous as gleaned from the perspective of a former first line staffer in the office of POI, when he was Secretary to the Edo State Government.’’ Sharing some of his amazing attributes, Daodu explained that Ize-Iyamu has a passion for listening, saying good listening skills are an important part of succeeding in leadership posi-

tions and the office of the governor is not an exception. According to him: ‘’Listening on the other hand is a highly valued soft skill sought after by leaders. After all, people with this ability are more likely to understand tasks and projects, build strong relationships with colleagues, and are able to solve problems and resolve conflicts. It gives room for leader-follower traffic in getting things done and strengthens bonds of knack for achievement.’’ Describing Ize-Iyamu as ‘’a dependable ally and reliable and steady source of support’’, Daodu said, ‘’he is also relational; those he leads are not viewed as mere employees, servants, or objects. Above all, he is a visionary and has solid vision for the future and gravitates toward it.’’ A well-known grass root politician in Edo State, Ize-Iyamu, narrowly lost the governorship race to Governor Godwin Obaseki in the 2019. However, many political analysts believed he was a victim of skewed, devious and false political propaganda by the political manipulators, majorly paused by emotion. A Redeemed Christian Church of God

The former Secretary to Edo State Government left public office over two decades ago, and for those very close to him, he had little or no patronage to disburse to his followers - as commonly practiced by politicians to keep their followers. But the chieftain of the APC still commands a cut-like followership. This is evident when thousands of friends, family members and political associates gathered recently at his house in Ugbor area of Benin City to elicit his acceptance to run for the Edo 2024 governorship election under the platform of the APC.

Senior Pastor, political figure, he is one of the founding members of the All Progressives Congress (APC) and the National Vice-Chairman, South-South Zone of the defunct Action Congress of Nigeria (ACN). He served as Director General of former Governor Adams Oshiomhole’s second term Campaign Organisation, and also the Coordinator of Goodluck/ Sambo Campaign Organisation in 2015. He has been honoured by the Benson Idahosa University with an Honorary Doctorate Degree in Public Administration. Born in Benin City on June 21, 1962, Osagie Ize Iyamu was son of Chief Robert Osayande Ize-Iyamu and Mrs. Magdalene Naghado Ize- Iyamu (nee Obasohan), both of blessed memory. His father was a revered High Chief of the Oba of Benin, ranking second in command until his demise as the Esogban of Benin. His mother was a trained teacher who later distinguished herself as a very successful trader. An offspring of a well-known family - deeply rooted in civility and with an outstanding record of services to the community and society, His forefather, Chief Odia was the Iyase’Nâ ohenmwen (Prime Minister) of Benin during the reign of Oba Osemwende (1816 - 1848 A.D). Ize-Iyamu’s maternal heritage is also of notable repute. His mother ’s father was the well-known Obasohan of Akpakpava. His family hailed from the present day Iguododo in Orhionmwon Local Government Area of Edo State. The mother of Chief Izevbizua Iyamu, the Obahiagbon of Benin, Osagie’s grandfather was from Usen in Ovia South-West Local Government Area. Remarkably too, Osagie’s father ’s mother, Igbinoghene Ize-Iyamu (nee Ogiemwanre Obazuwaye) hailed from Ughoton, in Ovia North-East Local Government Area; while her mother came from Ute in Ikpoba Okha. The Obasohan N’Akpakpava Family, which is Osagie’s maternal family came from Erua of Igieduma Ward, Uhunmwonde Local Government Area. Late Pa Obasohan, Osagie Ize-Iyamu’s maternal grandfather and the mother of His late Majesty, Oba Erediauwa, were first cousins. His mother ’s maternal family is of the Oyeru Family of Oredo Local Government Area. A most significant aspect of the history of the Ize-Iyamu family is that it holds the record of building and owning the first storey building “Egedege N’Okaro” in the whole of the Mid-Western Region, Nigeria - which is the present day Edo and Delta States. It was built in 1906 by Osagie’s great grandfather, Late Chief Iyamu, the Inneh of Benin Kingdom. It is in this revered historical house that Pastor Osagie Ize-Iyamu grew up under the shadows of inspiration. The governorship hopeful attended St. Joseph Primary School and Ebenezer Nursery and Primary School in Benin City. He had his Secondary education at the famous Edo College, Edo State, and passed out with Grade I - in his West African Examination Council (WAEC) examinations and attended the University of Benin, where he graduated with an LLB (Hons) and proceeded to the Nigerian Law School, Lagos and bagged the Bachelor of Law (BL). Ize-Iyamu has a great ally in his pursuit to governor Edo State: a good-looking, friendly, lovely and hardworking wife, Prof Idia. She is a renowned Consultant Orthodontist with the University of Benin Teaching Hospital, and a Professor (lecturer) in the University of Benin. Both of them are blessed with four children.

FEatures

T H I S D AY • TUESday NOVEMBER 28, 2023

Group Features Editor: Chiemelie Ezeobi Email: chiemelie.ezeobi@thisdaylive.com, 07010510430

As Abians Roll Out Drums for their Illustrious Son, Kalu

Udora Orizu writes that the good people of Bende Federal Constituency, and indeed the entire Abia State are set to hold a grand homecoming and reception for their illustrious son, Rt. Hon. Benjamin Okezie Kalu who emerged Deputy Speaker of the 10th House of Representatives

Rt. Hon. Kalu and his initiative

n Igbo proverb says..'Turu Ugo Lota,' which translates in English to 'Bring Home the Glory'. This adage resonates with the aspirations of the Igbo to cross borders, and return home successful. It captures the illustrious spirit and determination of the Igbo to rise above all odds in achieving progress. This ethnic group in the Southeastern region of the country, is arguably the most elite and industrious of all ethnic groups. However for decades, they have been somewhat divided over various national issues, including perceived political marginalisation. The zone, did very well under Nigeria’s federal system of government from 1954 to 1966. By 1963 its economy was one of the fastest growing in the world. It's also worthy of note that the region's politicians played a major leadership role in the country quest for independence and as well an in post-independence Nigeria. But the Igbo were adversely affected by the Civil war of 1967-1970 which was partly caused by a secession attempt. Though the region recovered from the economic devastation of the war, few years after it ended, they couldn't recover from it politically. So there was wide spread jubilation in the South-east when the APC National Working Committee on May 8, striking regional balance in the National Assembly leadership zoning list, declared that the Deputy Speakership slot is zoned to the South-east, with Hon. Benjamin Okezie Kalu as the consensus candidate. Kalu who at the time just won his second term re-election bid, had paid his dues as a first time legislator in the last four years. He knew his onions and strived to make a difference. It's no surprise when he was awarded top performer in value and impact bills and top performer in House newbies by a Parliamentary Monitoring Organisation, order paper. His emergence as Deputy Speaker has breathed fresh air in Southeast politics, birthing a new dawn in the Igbo sociopolitical space. And on 29th December, south-easterners and well-wishers from across the nation will assemble in Bende, Local Government Area of Abia State to honour him with a grand civic reception. On the sidelines of this highly anticipated reception, is the official unveiling of Peace in South East Project (PISE-P), a laudable

initiative by the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu to end violence and heightened insecurity, witnessed in the region, partly as a result of the secessionist agitations by some groups. Intrinsically, the project is aimed at changing the perceived marginalisation in the region and uniting the Igbo as one to pursue their common destiny against all odds. Unveiling the PISE-P mechanism on October 13, when he played host to the national leadership of Ohanaeze Ndigbo, led by its President General, Chief Emmanuel Iwuanyanwu, the Deputy Speaker bemoaned the insecurity in the south east. He lamented that the observance of sit-at-home, unknown gunmen and other social vices are alien and abhorrent to Igboland socially, economically and culturally. He said that his office in agreement with all the lawmakers from the region irrespective of the political parties will reach out the state governors and other critical stakeholders for the launch and implementation of the PISE-P. He also said that the project will feature a regional security integration and political leadership that will streamline an agenda for the promotion of Igbo cause and growth in terms of infrastructure. The Deputy Speaker also commended President Bola Ahmed Tinubu for his benevolence to Ndigbo by ensuring that the people of the south east were accorded a place in the political hierarchy of the country. Kalu said: "Let me also state that, in our pursuit for these noble

objectives, it is imperative that we draw a clear distinction between a legitimate call for justice, equity and fairness against criminal activities. There is a difference between the two of them. Criminal activities cannot be taken to mean legitimate call. Secession is not a legitimate call. We want to remain as one Nigeria! "It is a distinction that our people must be able to make. And together we must ensure that the line is firmly drawn. Igbo Community has always been in the forefront of nation building and positive change. Go to any part of Nigeria, if you don't see an Igbo man there, it means that place is not progressing, it means that place is not prosperous. We are everywhere, nobody is as patriotic as the Igbo man. I'm here today, not just as the representative of the people of Bende, but as a representative of all Nigerians. The House of Representatives is actually named the House of the People for a reason. "We are not known for self destruction that is evident in the idea of sit-at-home or unknown gun men. It is not our thing. It is alien to us. We don't kill one another. We love our trade, we love our farms. We don't sit at home. Sitting at home is for lazy people. Igbo people are not lazy people. "Those in support of sit-at-home are not Igbos. There is no true son of the soil of Igbo land that would support laziness and call it a strategy for secession. If you sit at home, you are a lazy man. Igbos are not known to be lazy. We are industrious, we are entrepreneurs, we work hard to succeed. In addressing our present challenges, we have the opportunity to draw on the things that pull us together. We may have different political platforms, but we must realize that the commonwealth and common good are ultimately the same. Onye aghana nwanne ya". Same day, playing host to the Nigerian Association of Small and Medium Enterprises

His emergence as Deputy Speaker has breathed fresh air in Southeast politics, birthing a new dawn in the Igbo sociopolitical space. And on 29th December, southeasterners and well-wishers from across the nation will assemble in Bende, Local Government Area of Abia State to honour him with a grand civic reception

led by its President, Dr. Abdulrashid Yerima, the Deputy Speaker lamented the economic losses of the sit-at-home order. According to him, the enforcement of the order which cripples both economic and social activities in the region every Monday, costs the south east trillions of Naira. He said, ''As legislators, we are aware of security problems facing our nation. In recent years, the security situation has posed hurdles. The sit -at-home in the South East has affected the movement of goods between the north and the south. It ought not to be so. Why this issue affects the entire nation. We can examine specific examples. Our businesses are going down and most of our businesses are SME businesses and the security challenges are suffocating the SMEs businesses in their numbers. "Also billions and trillions of Naira are being lost to the sit at home order. There are other parts of the country where insecurity has suffocated SMEs and something must be done about this. It’s disheartening to note that the ongoing insecurity in the region will have a profound impact to trade and socioeconomic outcomes. Statistics from SBM Intelligence revealed that the south East looses an estimated ten billion naira to 13 billion in the transportation sector alone, every sit at home day. "Traders on the other hand face looses ranging from N5.4 billion to N31 billion daily. These figures are alarming and underscore the urgency of addressing the security challenges in the region. So if there’s no reason for these non state actors to stop this, let this be their reason. "That they are killing their own region with insecurities created by themselves. When you sit at home other regions are not sitting at home. When the SMEs in the south east suffer due to insecurity, the country suffers. It impacts the whole country." Benjamin Okezie Kalu has lend credence to the proverbial phrase 'Turu Ugo Lota'. He brought home the glory and on 29th December the good people of Bende and entire Abians will welcome their son home to celebrate his outstanding performance during his four years sojourn in the House of Representatives and his emergence as the number 6 man of the federal republic of Nigeria. -Orizu, is the SA Press Affairs to the Deputy Speaker, House of Representatives

T H I S D AY • TUESday NOVEMBER 28, 2023

features

Unraveling Africa's Paradox: Rich in Resources, Poor in Progress

The Geopolitics Series 2.0, a forum organised by the Media Centre for Development, MCD, and facilitated by Global Sentinel, Security Intel Africa and Ayanda Media Network, convened experts from around the world to dissect Africa's challenges in utilising its resources for development. As global attention turns to Africa's potential, Precious Ugwuzor reports that the series dissected resource mismanagement and global power dynamics in Africa, as well as explored factors contributing to underdevelopment: resource mismanagement, historical exploitation, and leadership gaps. While highlighting the paradox of resource-rich yet struggling nations and stressed effective leadership, equitable trade, educational reform, and collaboration, they further called for collective action to drive Africa towards prosperity, stability, and a stronger global presence

Convener, Geopolitics Series,Abuja, Nigeria, Senator Iroegbu

Chairman and Founder of the PLO Foundation, Nairobi, Kenya, Prof. PLO Lumumba

President and Executive Director of the Fund for Peace Washington DC, USA, Mr. Paul Turner

Co-Convener, Geopolitics Series, Abuja, Nigeria, Ms. Dakore Ekpendu

he complex underdevelopment challenges plaguing Africa find their roots in a delicate interplay of factors: mismanagement of resources within African nations and the historical dominance of global powers shaping the continent's economic and political landscape. The second Geopolitics Series webinar, delved into these pressing issues. Titled "Africa Fragility: Resource Curse or Resource Mismanagement?", the webinar brought together distinguished experts and participants to dissect Africa's struggle to harness its resources for sustainable growth. Speakers included Paul Turner, President and Executive Director of The Fund for Peace in Washington DC; Prof. PLO Lumumba, President of the PLO Lumumba Foundation and Director of the Kenya School of Law in Nairobi; Prof. Adriano Nuvunga, Director of CDD and Chairperson of the Mozambique Human Rights Defenders Network in Maputo; and David Endeley Otto, International Terrorism Consultant at Stepp In Stepp Out UK Ltd in London. paradox is palpable: Africa holds vast natural and human resources—oil, gas, minerals, and a young educated populace—yet remains among the world's poorest. A legacy of colonialism, resource mismanagement, global power dynamics, and governance deficits emerged as key culprits. The webinar's insights underscored the need for transparent governance, accountable leadership, educational reform, technology investment, and international collaboration to steer Africa toward a future of prosperity and global prominence.

International Terrorism Consultant at Stepp in Stepp Out UK Ltd, London, Mr. David Endeley Otto

Prof. Adriano Nuvunga

Ayanda Ngwane

are outdated, still echoing colonial curriculum despite resource wealth." He contended that the relationship between growth and resources isn't straightforward and emphasized the need for governance and diversification. Otto stressed the mismanagement of Africa's resources and urged a focus on human resource development. He cited successful resource-poor countries like Rwanda as examples. Otto underscored Africa's potential but lamented its underrepresentation in global geopolitics. He stressed governance, mindset shifts, unity, and workforce utilization as key to addressing Africa's multifaceted fragility. In the same vein, Paul Turner, President and Executive Director of the Fund for Peace Washington DC, beamed searchlight on Africa's role in global power dynamics. He analyzed Africa's recent challenges, linking rising food prices to global disruptions and events like the Russian invasion in Ukraine. He noted leaders' varied responses, leading to protests and fragility. Turner underscored global power shifts and their implications for international relations, urging African leaders to leverage major powers' competition for economic gain. He stressed the importance of effective resource management, acknowledging technology's transformative potential. Turner highlighted, "The Cold War is behind us... If skillfully navigated by African leaders, these impacts could work to their advantage." He noted the context-dependent nature of resources as blessings or curses and looked forward to case studies shedding light

on economic challenges and opportunities in African countries. On his part, Prof. PLO Lumumba, Chairman and Founder of the PLO Foundation, made a call for change in resource management in Africa in order to drive progress and become a major player in global arena. He highlighted equitable agreements in dealings with global powers like the Western world, China, and Russia, emphasizing resource extraction like cobalt or gold. He noted poor contracts enabled foreign corporations in sectors like oil and agriculture to exploit African countries. Lumumba challenged the notion of a "resource curse," attributing it to mismanagement within African nations. He cited Total Energies, Shell, and ExxonMobil exploiting Nigeria and Ghana in oil, and foreign entities benefiting from African agricultural products. He emphasized, "Africa's perceived resource curse isn't due to curses, but mismanagement. Political class's unfavourable contracts led to foreign exploitation. In agriculture, Togo, Côte D'Ivoire, and Ghana's minimal value addition benefits foreigners. It's a failure to maximize opportunities." Lumumba attributed this to Africa's political vulnerability and advocated for industrialization, energy infrastructure, and value addition to move away from raw material trade. He urged unity in negotiations to counter manipulation, stressing Africa's human resources. He concluded, "Time to move beyond lamentation. We possess ample human resources. Fragility only emerges when one chooses to be fragile. The time for change is now."

Decoding Africa's Underdevelopment In the quest to address Africa's enduring underdevelopment amid global growth and shifting power dynamics, the Geopolitics Series emerged as a beacon. Coordinated by the MCD in collaboration with Global Sentinel, Public Intel Security Africa, and Ayanda Media Network, this series aims to dissect global issues impacting Africa's peace, security, economy, governance, and development, with a focus on Nigeria and the continent at large. The inaugural edition celebrated the African Union's 60th Anniversary, delving into conflict management in the 21st century. Building on this success, the second edition explored economic security and Africa's struggle to harness its resources effectively. The series dissected Africa's limited global influence, economic contribution, and the "resource curse," wherein mismanaged natural resources exacerbate challenges. This effort serves as a platform for thought leaders to decipher the complexities stifling Africa's progress and to pave the way for transformative change. Through critical analysis, it strives to redefine Africa's trajectory by combining its resources, youth potential, visionary leadership, and robust governance for a future of prosperity and sustainable development. Africa's complex journey towards development was scrutinized in the Geopolitics Series, where experts dissected the intricate web of factors driving underdevelopment. Internal challenges like governance flaws and corruption were unveiled as fundamental culprits. Governance

deficits perpetuate inefficiencies and embezzlement, diverting resources from critical sectors. The shadow of colonialism looms large, with its arbitrary borders and ethnic divisions still sowing discord. Global dynamics also play a role, with unequal trade and neocolonialism hampering progress. However, the series emphasized that the responsibility for change rests not solely on history and external pressures. Africa's internal drive and pragmatic leadership are crucial. The series called for transparent governance, fair trade, and a harmonious fusion of cultural identity and modern practices. Ultimately, the series underscored the necessity of a concerted effort between Africa and the global community to mend the fractures of underdevelopment, transforming aspirations into realities. Addressing Resource Mismanagement in Africa Mr. David Otto, a security and counterterrorism expert, delved into Africa's fragility, spotlighting indicators such as corruption and economic instability. He noted that despite abundant resources, outdated healthcare and education systems hinder growth. Otto highlighted, "During COVID, Africa's health system struggled due to lack of infrastructure. Educational systems

Effective leadership determines whether resource Harnessing Africa's Youth Potential Prof. Adriano Nuvunga, Director of CDD, abundance leads to prosperity, therefore, bad leadership, highlighted the opportunities and challenges by Africa's youthful population. He often corrupt and short-term focused, hinders progress. presented emphasized inadequate democratic spaces youth participation and declining voter Against this backdrop, there is a need to develop hindering turnout despite population growth. Nuvunga visionary, accountable leadership. Plan for citizen linked this to deteriorating education quality. NOTE: Interested readers should continue in the welfare and sustainable development, converting online edition on www.thisdaylive.com resource wealth into tangible progress

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The Lagos State government owns up to mistakes on its website, writes KOLADE AKINYELE

DIEKOLA MODUPE argues that expatriates can be made more rewarding to the country

SHAFT OF LIGHT

TINUBUNOMICS AND REVENUE GENERATION

How grave can a little mistake be? In September 1999, NASA lost a $125m Mars Climate Orbiter because two sets of scientists worked with different units - inches and metres - and got wrong calculations. In Nigeria, the Lagos State government recently witnessed the sort of embarrassment a little mistake can cause. Last week, the Lagos State gubernatorial candidate of the Action Democratic Congress, Funso Doherty, stopped short of accusing the Governor Babajide Sanwo-Olu administration of malfeasance in an open letter. According to Doherty, a Chartered Accountant, reviewing the state’s procurement between April 2023 and September 2023 which was published on the website of the Lagos State Public Procurement Agency (LSPPA), he found some confounding

items which he wanted the governor to address. He wondered in his letter how Sanwo-Olu’s office was deodorised with over N7 million while the office of the deputy governor, Hamzat, bought rechargeable fans, rechargeable lights and fridge worth N2 billion in July. Also included was N18,468,000 awarded to the office of the chief of staff for the “supply and distribution of 2,000 Noiler chicken across the local government areas and wards in the state”. Then another sum of N440,750,000 was awarded to the office of the chief of staff for the “procurement of a brand new Lexus LX 600 Bullet Proof Sport Utility Vehicle.” Hamzat’s wife was also not spared. Doherty’s letter pointed out that N30, 000,000 each was given for “monthly outreach of indigent citizens by the wife of the deputy governor” and “monthly empowerment programmes of the wife of the deputy governor.” Since Doherty’s letter was published, Lagos State and its leaders have been bashed, mostly by an opposition with glee. And given the harsh economy, their rage, if found to be true, would have been justified. Thankfully, the involved parties have been voicing corrections at and offering insights beyond the figures reported in Doherty’s letter. Earlier, the office of the deputy governor described the report as “untrue, mischievous, fake and unfounded” in a letter to LSPPA for clarification. Part of the letter read: “It is important to state that, the office did get approval and awarded the provision of supply items (rechargeable fans, rechargeable lights and fridges) for the sum of N2,017,840 and not the N2,017,840,000 as reported on the website of your agency. The letter also corrected that the wife of the deputy governor got N2, 500, 000 monthly each for “outreach to indigents” and “Empowerment programme” and not N30,000,000 monthly each as reported. “These errors or inaccuracies exhibited by your data are capable of putting credibility at stake. One then wonders about the accuracy of the content on the site if the items concerning the Deputy Governor’s Office can be this inaccurate. It is therefore important that you look through the data and confirm the correctness or otherwise of all the

details of the report as displayed on the website,” the letter added. However, the Director General, Lagos State Office of Public Procurement, Mr. Fatai Idowu Onofowote, had owned up to the figures but said Doherty misrepresented the facts in the information contained in the documents he posted. But it’s clear that the procurement agency made careless mistakes. These mistakes should serve as a lesson to government workers that sloppiness has a steep price and must be avoided. Despite the clarifications, the internet has continued to buzz with abuse of Lagos and her leadership. But rather than respond in kind to abusers of the administration he leads, SanwoOlu chose the path of honour. Speaking at the commissioning of the Lagos State Building Control Agency (LASBCA) building, recently, the governor said he appreciates criticism in his commitment to delivering good governance and serving Lagosians. “We are committed, responsible and transparent,” Sanwo-Olu said, addressing Doherty’s letter for the first time. “We don’t have a problem with anybody, or any individual. We acknowledge that these are ways we should be doing things. We appreciate criticism. We appreciate the fact that people can look at us in the face that we need to do well in the state. So we don’t have a problem with the originator of an open letter. In fact we like it and we want to thank him, and that’s to say that indeed, to be a government that’s firm and responsible, we should not shy away from criticism. “But it is only when criticism is malicious, unintended and it is to misrepresent the truth and that’s where there’s a problem. Some officers in Lagos have all come out to say that indeed we can make mistakes on some lines of items. I heard of a particular one that an item was meant to be N2 million but it was written as N2 billion. “For me, I’m leading a team of very dedicated public officials; I’m leading a team of committed civil servants. I’m leading a team of self-motivated public officials who want to stand and say that they can be well recognised. All we want to do is to serve the people of Lagos, and serve the state with every iota of strength and commitment we have, and believing Lagosians can truly see the benefit of our service. “I just want to make this point, and put it to rest. The website will continue to work. We’ll put all our numbers there and we’ll continue to pride ourselves at all times that indeed we can make mistakes but it is not any intention for us to be unmindful of what public goods are, and to ensure that public goods is what will continue to be respected.” Firstly, I want to believe that if the Lagos State government wanted to be involved in some form of malfeasance, it would be more creative than crediting the humongous sums to those items. Also, if the government is interested in a cover-up, surely it knows how it can tweak the machinery not to make such an item appear in or make it disappear from the books of one of its agencies. By inference, I reasoned there must be an explanation. However, what I particularly liked about the way Sanwo-Olu handled the matter is his tact, patience and humility. He didn’t go on the defensive, hurling angry or hateful words at Doherty or detractors who latched on to the letter to abuse him as some politicians would have done. Rather, he came out publicly to acknowledge and own the mistake made by LSPPA. Taking responsibility. Like a good leader should. Akinyele writes from Lagos

The media is somewhat awash with reports about broadening the government’s income base. It is commonsensical to grow inflow, flowing from the extant, age-old, and probably weather-beaten desire to diversify the nation’s revenue source from oil. Agriculture, steel development, manufacturing, mining and quarrying, have among other sectors been proposed as future major determiners of the nation’s Gross Domestic Product (GDP). In recent times, it has been partly pursuant to the promise of the Bola Tinubu administration to advance the GDP to one of a trillion-dollar economy in another seven years. While most of these plans are long-term, the short-term variants have come in the quest for the elusive portfolio investment, the recalibration of the payment system for improved effectiveness, and the latest talks around extending the contribution base of expatriates’ employment. To be sure, the expatriates are supposedly highly skilled workers, putatively hired to do jobs that local expertise cannot do, or rather hired because of the exotic preference of the employer, and provided they can handle the cost implication. For now, just around $2000 is expected to be paid by every expatriate annually as a Combined Expatriate Residence Permit and Alien Card (CERPAC) fee. This is a statutory levy for permission to work. The new argument is that beyond this level

are the untapped opportunities of getting more income from the nearly 200,000 expatriates in the country, which could fetch between $1.5 billion and $ 2 billion per annum, from the activities of the skilled men, in what is supposed to be different from what they presently pay, and which every other citizen pays. The plans are that if the nation needs to seek other ways of paying off its huge debt, manage its growing population, faced with declining resources and then mitigate the anxieties of filling the $3trillion gap required for its infrastructure in the next two decades, then it has to be much more creative and ingenious in raising revenue. The place of infrastructure cannot be overemphasized for being a tool for macro-economic stability, the creation of employment, enabling productivity and efficiency, social change and development of the rural areas, boosting trade and commerce and sustainable growth and development. The other argument seems to be that the practice of making expatriates contribute more to a nation’s purse happens in countries like Singapore, Japan, and Cambodia, if to shore up the chances of locals, by discouraging foreign entrants into some sectors, where locals can thrive. There is also the question of nationalism, considering how migrants have become useful to many foreign economies even beyond what

they pay, in addition to other huge financial commitments for naturalizations, and jobspecific payments. If these are done in other places, why can’t there be some semblances here in Nigeria? What is more? The proposed obligations from the expatriates shall be because their income is locally generated and a central contribution is necessary given that they are presently only obligated to the states. In many situations where they are mobile, tracking their payments is difficult. But this could be resolved with the overarching obligation to the centre. As projected, an expatriate should be obligated on the aggregate amounts of his/her income for the year, from any salary, wage, fee, allowance or other gain or profit from employment including compensations, bonuses, premiums, benefits or other prerequisites allowed, given or granted by the employer to the expatriate. Other than the factors highlighted, the need for more expatriates’ contributions has now arisen because expatriates and Nigerians should not be at par when it comes to liabilities on income as presently is, in addition to the fact that Nigeria has no special law governing revenue system with respect to expatriates, in a situation where a presumptive income due is required. Importantly, Nigeria is considered a very Expatriate Friendly country. From the proposal, companies are understood to employ expatriates for the short or medium term to develop or train local employees. Once understudied, they are supposed to exit. But in actual practice, they stay unnecessarily longer. The anticipated increased financial obligation should discourage this anomaly. The proposal leaves the government and citizens without any burden. It is also against the background of the fact that with Africa rising as an emerging market, more expatriates are coming in. The large markets from a large population and a greater influx of foreign skilled workers are in evidence, especially in a country like Nigeria. Records have it that Nigeria’s natural resources and economic opportunities continue to attract foreign direct investments (FDI) from investors worldwide. Based on the National Bureau of Statistics, capital inflow to Nigeria in 2018 was $19.07 billion, of which $7.78 billion represents FDIs. Capital inflows from January 2019 to May 2019 amount to $14.2 billion, of which $2.87 billion represents FDIs. Beyond these facts is the thinking that the flow and people need to do more. Looks plausible, if probably practicalised. In summary, the other benefits include an increase in employment rate and a lowering of the quest for foreign exchange, in addition to the inclusion of citizens where we do not require expatriates for construction, supermarkets, restaurants, and retail. The policy would likely also put these sets of Nigerians on a level playfield with the expatriates to some extent. There will similarly be lowered demand for scarce foreign exchange, especially from the parallel market, eventually reducing pressure on the currency. Modupe writes from Abuja

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EDITORIAL

Editor, Editorial Page PETER ISHAKA Email peter.ishaka@thisdaylive.com

THE MENACE OF AIR POLLUTION Government should enforce environmental regulations

is irrefutable evidence of cause to effect, considering agos, the commercial nerve centre the rising cases of asthma, and respiratory diseases. of Nigeria is regarded as one of the Unfortunately, most Nigerians are unaware of the world’s most polluted cities in terms harmful effect of a polluted environment and how of the air quality. But the situation is long-term exposure to it can lead to poor health not better in many other cities across and, eventually, death. The signs and symptoms the country. Available reports indicate of pneumonia, according to scientists, may include that the average annual level of particulate matter cough, fever, shortness of breath, sharp or stabbing in Nigeria is several times higher than the World chest pain, loss of appetite, low energy, and fatigue. Health Organisation’s (WHO) recommended one. Air pollution occurs due to many reasons, According to WHO, the contributing factors to including excessive burning of fuel, a necessity of pollution “are a reliance on using solid fuels for daily lives for cooking, driving and other industrial cooking, burning waste and traffic pollution from activities. Researchers also focus on the bad quality very old cars”. of fuel imported and used in the country, as well as In most Nigerian cities, many vehicles with the bad quality fuel refined illegally in the creeks of unacceptable emission standards clog the streets, Port Harcourt and Bayelsa, oozing impurities which, from investigation, unchecked. Majority is of higher quality than the of these used vehicles imports. Regardless, the The United Nations Children’s Fund revealed two years ago that children are close to end-ofunsophisticated refining life, meaning they process adopted in the below the age of five in Nigeria die needlessly of (outdoor) air pollutionare forbidden in the creeks sends up impurities streets of the European related pneumonia and of household air pollution-related pneumonia into the atmosphere and and American cities this is driven by strong sea from where they were wind to where it can do exported to Nigeria. damage to unsuspecting More of these vehicles T H I S D AY residents. EDITOR SHAKA MOMODU are expected on the shores of the nation in the years Nigeria’s air quality is expected to be governed by DEPUTY EDITORS WALE OLALEYE ahead, as the developed world increases its switch MANAGING DIRECTOR ENIOLA BELLO the National Environmental (Air Quality Control) to electric vehicles. Meanwhile, the United Nations DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU Regulations, 2014. The purpose of these regulations, Children’s Fund (UNICEF) revealed two years CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI according to the government is to provide for ago that children below the age of five in Nigeria EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN improved control of the nation’s air quality to such die needlessly of (outdoor) air pollution-related THE OMBUDSMAN KAYODE KOMOLAFE an extent that would enhance the protection of pneumonia and of household air pollution-related flora and fauna, human health and other resources pneumonia. UNICEF’s staggering figures put Nigeria affected by air quality deteriorations. The regulation as having the highest number of air pollution-related is expected to guarantee everyone’s right to clean air. child pneumonia deaths in the world. T H I S D AY N E W S PA P E R S L I M I T E D But the government seems hesitant to enforce the Only recently, a report by Stakeholder Democracy EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA regulations or lacks the political will to do so. Network (SDN), an international resource watchdog GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, It is important for the government to understand ISRAEL IWEGBU, EMMANUEL EFENI group, says Nigeria has some of the worst air the real need for a healthy environment and its DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, pollution in the world, with dense clouds of choking ANTHONY OGEDENGBE impact on the nation’s health bills. A healthy soot hanging over gridlocked cities, leading to a rise DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI environment would enable a healthy citizenry. in serious health conditions. Cities that the report SNR. ASSOCIATE DIRECTOR ERIC OJEH Yet, the government has only paid lip service to listed as mostly affected are Port Harcourt, Aba, ASSOCIATE DIRECTOR PATRICK EIMIUHI the enforcement of environmental regulations and Onitsha, and Kaduna where poor air quality has CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI this neglect has led to the prevalence of avoidable DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO reached crisis levels of pollution in recent years. There diseases and illnesses. That must change. TO SEND EMAIL: first name.surname@thisdaylive.com

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LETTERS NIGERIA AND THE WELFARE OF SOLDIERS Predictably, the Nigerian Army has debunked allegations that one of its own, Captain Alphonsus Bazza, took his life. This denouncement is despite overwhelming evidence that the officer took his life in Uyo, Akwa Ibom State. In the face of Nigeria’s unrelenting man-made challenges, it has become ever more difficult to serve the country. In fact, in many instances, to serve Nigeria is to sign a death warrant, very much like rushing into battle unprepared. In 2009, Boko Haram, which has since proven itself to be the Nigerian nemesis, regrouped and escalated their attacks on the Nigerian state. The relentless attacks soon savagely exposed the weak underbelly of the Nigerian state. If some sanity has returned to Borno State, the epicenter of Boko Haram’s incipient attacks, it is because the group has since splintered, birthing many other terror groups which have moved their operations to neighboring states. At the front line of the response to Nigeria’s grave security challenges have been security personnel led by the Nigerian army. But the toll has been heartbreaking. As young soldiers have fallen in defence of their country, leaving behind young widows, young children and aged parents, allegations have swirled about the poor welfare of those whose last-ditch

efforts have kept Nigerians from the jaws of terrorists. There have been allegations of poor pay, poor mental healthcare and generally poor welfare. The self-sabotage of a country that deliberately chooses to snap into battle with its best men poorly motivated has been all too apparent for Nigerians to see. There have been some startling defeats. Each was to be expected, especially amidst swirling allegations that the soldiers who lead the charge to keep the country out of the hands of terrorists are so poorly funded that they do not have the right equipment to fight. Indeed, in 2016, Sambo Dasuki a former National Security Adviser, was arraigned alongside others for diverting a staggering sum of 23.5 billion Naira meant for the purchase of arms. That the trial has proceeded at a snail speed since then speaks to priorities in Nigeria. It is a catastrophic miscalculation that bothers on the calamitous that those expected to fight tooth and nail are not armed to the teeth to prosecute such a critical war. It is also important to state that failure has been recorded on multiple levels with the CDS recently lamenting that the propensity of the judiciary to grant suspected terrorists bail was putting the lives of soldiers at risk. The Nigerian army is a highly regimented organization where

to speak up is to risk severe punishment. Yet, if the soldiers who are at the risk of breaking down cannot speak up for fear of punishment, Nigerians should be able to do that. This is a commitment Nigerians owe them, and it is important to take this commitment very seriously. Nigeria may be in a war situation, even if it is not the kind of fullfledged war Israel is engaged with Palestine, but a war nonetheless where the welfare of those who prosecute the war is directly linked to the results of the war. The dysfunction lodged deep in Nigeria’s system is marked by the scalps it continues to claim. There is the long list of young people for whom the sun sets even before it truly rises. There is the catalogue of broken dreams and shattered hopes that many young people nurse in the country. Many are able to nurse their pain quietly, licking their wounds and having the occasional cry while calling on the resilience and fortitude that Nigerians have become synonymous with. Many others, like Captain Bazza get sucked in, dragged into the depths of despair by the endless despondency of serving a country that often gives so little in return or exchange. Ike Willie-Nwobu, Ikewilly9@gmail.com

TUESday, November 28, 2023 • T H I S D AY

FOREIGN DESK

Compiled by Bayo Akinloye

Israel, Hamas Agree to Extend Truce for Two More Days

Israel and Hamas reached an agreement Monday to extend their ceasefire in Gaza for two more days, with the militants releasing more hostages and the Jewish state freeing more Palestinian prisoners, the Qatari government announced. Qatar negotiated the extension of the temporary ceasefire, and came on the final day of the original four-day truce between the warring sides. The United States, which has been calling for a truce as long as hostages are being released, said it welcomed the extended cessation of fighting. Israel had said it would halt its ground invasion and aerial attack on Hamas in the Gaza Strip by one day beyond the original pact for every 10 additional hostages Hamas releases and free three times that many Palestinians held in Israeli jails on various offences. Hamas confirmed it had agreed to a two-day extension “under the same terms.” A fourth swap of hostages held by Hamas for Palestinian prisoners was expected later Monday, with a total of 50 Israeli hostages freed over the last four days and 150 Palestinians released.

Russian Military Will Get Lion’s Share from Kremlin’s Robust Budget Russian President Vladimir Putin signed a national budget for the next three years that increases spending by around 25% and reportedly devotes a robust amount to defence as Russia’s war in Ukraine drags on. The budget foresees spending in 2024 of $415 billion with an expected deficit of $9.5 billion. After the lower house of the parliament passed the budget, Speaker Vyacheslav Volodin said it was developed specifically to fund the military and to mitigate the impact of international sanctions imposed on Russia after its Ukraine invasion in February 2022. Record low unemployment, higher wages, and targeted social spending should help the Kremlin use most of its budget to fund the military, but analysts said it could present a problem in the long term. Part of the Russian budget is secret as the Kremlin tries to conceal its military plans and sidestep scrutiny of its military operation in Ukraine. However, it is estimated that around 39% of all federal spending will go to the military and law enforcement, according to independent business journalists Farida Rustamova and Maksim Tovkaylo. Blinken off to Brussels as NATO Shores Commitment to Ukraine The United States is joining member states from NATO this week in renewing the alliance’s “steadfast commitment” to Ukraine in its fight against Russia’s aggression, according to a senior State Department official. Monday, U.S. Secretary of State Antony Blinken heads to Brussels, where foreign ministers from NATO will gather from November 27 to 29. On Wednesday, Blinken will lead the U.S. delegation to NATO member North Macedonia, hosting a meeting of foreign ministers from the Organization for Security and Co-operation in Europe or OSCE, in its capital, Skopje, later this week. The United States is hosting the next NATO summit in Washington from July 9 to 11, 2024. Blinken will discuss priorities for the Washington meeting with his counterparts as the alliance celebrates its 75th anniversary next year. The chief U.S. diplomat is set to attend the first foreign minister-level meeting of the NATO-Ukraine Council as Kyiv aspires to be a NATO member. The NATO-Ukraine Council was inaugurated at the NATO Summit in Vilnius on July 12, with Ukrainian President Volodymyr Zelensky and other heads of member governments also in attendance. It convened for the second time in late July to discuss Black Sea security following Russia’s withdrawal from a deal overseeing grain exports from Ukrainian ports. The third meeting was held in October to discuss substantial assistance to Ukraine and to ensure Ukraine’s forces are fully interoperable with NATO. US Military: Somali Pirates Likely Behind Attempted Tanker Seizure An attempted hijacking of a commercial vessel in the Gulf of Aden on Sunday appears to have been carried out by armed Somali pirates and not Yemeni Houthis, despite the firing of missiles from Houthi-controlled territory in Yemen afterwards, the Pentagon said Monday. “We’re continuing to assess, but initial indications

are that these five individuals are Somali,” said Pentagon spokesperson Brigadier General Patrick Ryder. “Clearly a piracy-related incident,” Ryder added. A U.S. Navy warship responded to a distress call on Sunday from the chemical tanker Central Park. The attackers were taken aboard the U.S. warship Mason, the U.S. military said, and the Central Park and its crew were safe. There have been a series of attacks in Middle Eastern waters since a war between Israel and the Palestinian militant group Hamas broke out on October 7. Central Park is a tanker managed by Zodiac Maritime Ltd, a London-headquartered international ship management company owned by Israel’s Ofer family. The Liberian-flagged vessel was built in 2015 and is owned by Clumvez Shipping Inc., LSEG data showed. Japan, Vietnam to Discuss Japanese Military Aid Amid China Threat Japan and Vietnam agreed Monday to strengthen their security and economic ties in the face of China’s growing regional influence. Japanese Prime Minister Fumio Kishida and Vietnamese President Vo Van Thuong held talks in Tokyo and agreed to broaden their security cooperation, work on defence equipment and technology transfers, and start discussing a new Japanese aid program for militaries of like-minded developing countries in the region. The two leaders said the Japan-Vietnam relationship would become a “comprehensive strategic partnership,” bringing their ongoing cooperation to “new heights and to further expand it to new fronts,” according to their joint statement provided by Japan’s Foreign Ministry. Japan has been rapidly developing closer ties with Vietnam, a key southeast Asian country that has important security and economic roles in the region faced with China’s rise and rivalry with the United States and other Western nations. Monday’s announcement meant that Japan has now gained the status of Vietnam’s top-tier partners, along with the United States, China and India. Pakistan: Afghan Suicide Bomber Attacked Military Convoy Pakistan confirmed Monday that an overnight suicide bombing of a military convoy in a northwestern region had killed two civilians. The military’s media wing reported that Sunday’s attack in Bannu, a garrison district in Khyber Pakhtunkhwa province, had also injured seven civilians and three soldiers. The army statement said a “motorcycleborne suicide bomber… exploded himself” near the convoy, adding that a post-attack search operation was underway “to eliminate any other terrorists found in the area.” The bomber was identified as an Afghan national affiliated with the anti-state Hafiz Gul Bahadur militant group, known as a close

ally of Afghanistan’s ruling Islamist Taliban. Separately, an overnight military statement said that an “intelligence-based” raid in the province’s turbulent South Waziristan district near the Afghan border killed eight “terrorists.” Sunday’s raid targeted a hideout of the banned Tehrik-i-Taliban Pakistan, or TTP, which routinely plots attacks on security forces. Pakistan says TTP and other fugitive militants operating out of sanctuaries in Afghanistan have dramatically intensified attacks since the Taliban returned to power in the neighbouring country two years ago. Authorities have confirmed that Afghan militants carried out at least 16 suicide bombings this year in collaboration with the TTP, also known as the Pakistani Taliban. Japan, Vietnam to Discuss Japanese Military Aid Amid China Threat Japan and Vietnam agreed Monday to strengthen their security and economic ties in the face of China’s growing regional influence. Japanese Prime Minister Fumio Kishida and Vietnamese President Vo Van Thuong held talks in Tokyo and agreed to broaden their security cooperation, work on defence equipment and technology transfers, and start discussing a new Japanese aid program for militaries of like-minded developing countries in the region. The two leaders said the Japan-Vietnam relationship would become a “comprehensive strategic partnership,” bringing their ongoing cooperation to “new heights and to further expand it to new fronts,” according to their joint statement provided by Japan’s Foreign Ministry. Japan has been rapidly developing closer ties with Vietnam, a key southeast Asian country that has important security and economic roles in the region faced with China’s rise and rivalry with the United States and other Western nations. Monday’s announcement meant that Japan has now gained the status of Vietnam’s top-tier partners, along with the United States, China and India. At a joint news conference after their meeting, Kishida said Vietnam is “a key partner in achieving a free and open Indo-Pacific.” Thuong said that close cooperation between the two countries contributes to the region’s peace and prosperity. Under the Official Security Assistance, Japan recently agreed to provide a coastal surveillance radar to the Philippines, another strategically important Southeast Asian country for Japan and the U.S., amid escalating tensions over Taiwan, which Beijing claims as its territory. US, Partners Announce Task Force to Counter Flow of Money to Hamas The U.S. said Monday that after Hamas’ assault on Israel last month, it and several allied nations established an international task force aimed at countering the flow of money to the militant Palestinian group and supporting anti-terrorism efforts. Since 1,200 people were killed in the October

7 attack, the U.S., UK, and allies have sought to cut off funding for Hamas, which has been designated a terrorist group by Washington and other governments. The task force will enhance the sharing of financial intelligence on terrorist-financingrelated matters and discuss best practices and opportunities for additional actions and partnerships, the U.S. Treasury Department said in a statement. The statement said it would also strengthen relations between the financial intelligence units (FIUs), public authorities, and the private sector to address the threat. The task force comprises financial intelligence units from Australia, Canada, Estonia, France, Germany, Israel, Liechtenstein, Luxembourg, the Netherlands, New Zealand, Switzerland, the UK and the U.S., and other units. Since the October 7 attack, Washington has imposed several rounds of sanctions on Hamas. It has targeted the group’s investment portfolio and issued an alert to financial institutions on countering Hamas financing while senior officials have discussed the group’s access to funds on trips abroad. Pakistan: Nationwide Polio Campaign Targets Over 4 Million Children Pakistan launched a week-long nationwide polio vaccination campaign Monday, as the country remains one of only two around the world where the paralyzing virus still exists. This year, so far, Pakistan has reported five cases of the highly infectious disease. The latest polio eradication campaign will target more than 4.4 million children across much of the country, as well as in Pakistani-administered Kashmir. The South Asian nation came close to eradicating polio in 2021 when it reported only one case of paralysis from the virus. However, the country saw a spike, with 20 cases on record last year. The virus generally spreads through the faecal matter of a carrier that has contaminated the water supply. Two of this year’s five cases were detected in the country’s most populous city, Karachi, in the southern province of Sindh. This came after the city recorded zero cases in the last two years. Compensation Hearing Begins for MH370 Families in China A compensation hearing began in Beijing Monday for family members and relatives of the passengers on Malaysian Airlines flight MH370, which mysteriously disappeared almost a decade ago. At the same time, families are also calling for a renewed search for the passenger jet. Flight MH370 was on a planned route from Kuala Lumpur to Malaysia, carrying 239 passengers, mostly from China, when it veered off course and disappeared over the Indian Ocean on March 8, 2014. Family members of those on board have demanded compensation from Malaysia Airlines, Boeing, aircraft engine maker Rolls-Royce and Allianz insurance group, among others.

TUESDAY NOVEMBER 28, 2023 • T H I S D AY

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

MARKET NEWS A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return. An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the

floor of the Nigerian Stock Exchange. A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange. GUIDE TO DATA: Date: All fund prices are quoted in Naira as at 24Nov-2023, unless otherwise stated.

Offer price: The price at which units of a trust or ETF are bought by investors. Bid Price: The price at which Investors redeem (sell) units of a trust or ETF. Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return. NAV: Is value per share of the real estate assets held by a REIT on a specific date.

DAILY PRICE LIST FOR MUTUAL FUNDS, REITS and ETFS MUTUAL FUNDS / UNIT TRUSTS

AFRINVEST ASSET MANAGEMENT LTD aaml@afrinvest.com Web: www.afrinvest.com; Tel: +234 818 885 6757 Fund Name Bid Price Offer Price Yield / T-Rtn Afrinvest Equity Fund 290.20 290.20 53.94% Afrinvest Plutus Fund 100.00 100.00 9.12% Nigeria International Debt Fund 336.82 336.82 4.63% Afrinvest Dollar Fund 109.58 109.58 5.87% AIICO CAPITAL LTD ammf@aiicocapital.com Web: www.aiicocapital.com, Tel: +234-1-2792974 Fund Name Bid Price Offer Price Yield / T-Rtn AIICO Money Market Fund 100.00 100.00 13.51% AIICO Balanced Fund 4.79 4.89 41.41% ANCHORIA ASSET MANAGEMENT LIMITED info@anchoriaam.com Web:www.anchoriaam.com, Tel: 08166830267; 08036814510; 08028419180 Fund Name Bid Price Offer Price Yield / T-Rtn Anchoria Money Market N/A N/A N/A Anchoria Equity Fund N/A N/A N/A Anchoria Fixed Income Fund N/A N/A N/A ARM INVESTMENT MANAGERS LTD enquiries@arminvestmentcenter.com info@anchoriaam.com Web: www.arm.com.ng; Tel: 0700 CALLARM (0700 225 5276) Fund Name Bid Price Offer Price Yield / T-Rtn ARM Aggressive Growth Fund 29.49 30.38 34.37% ARM Discovery Balanced Fund 647.36 666.88 24.20% ARM Ethical Fund 53.59 55.21 18.79% ARM Eurobond Fund ($) N/A N/A N/A ARM Fixed Income Fund 1.14 1.14 3.33% ARM Money Market Fund 1.00 1.00 9.83% ARM Short Term Bond Fund 1.06 1.06 2.34% AVA GLOBAL ASSET MANAGERS LIMITED info@avacapitalgroup.com Web: www.avacapitalgroup.com; Tel 08069294653 Fund Name Bid Price Offer Price Yield / T-Rtn AVA GAM Fixed Income Dollar Fund 102.08 102.08 12.26% AVA GAM Fixed Income Naira Fund 1,117.99 1,117.99 4.41% AXA MANSARD INVESTMENTS LIMITED investmentcare@axamansard.com Web: www.axamansard.com; Tel: +2341-4488482 Fund Name Bid Price Offer Price Yield / T-Rtn AXA Mansard Equity Income Fund 185.92 193.33 40.09% AXA Mansard Money Market Fund 1.00 1.00 9.38% CAPITAL EXPRESS ASSET AND TRUST LIMITED info@capitalexpressassetandtrust.com Web: www.capitalexpressassetandtrust.com; Tel: +234 803 307 5048 Fund Name Bid Price Offer Price Yield / T-Rtn CEAT Fixed Income Fund N/A N/A N/A Capital Express Balanced Fund(Formerly: Union Trustees Mixed Fund) N/A N/A N/A CARDINALSTONE ASSET MANAGEMENT LIMITED mutualfunds@cardinalstone.com Web: www.cardinalstoneassetmanagement.com; Tel: +234 (1) 710 0433 4 Fund Name Bid Price Offer Price Yield / T-Rtn CardinalStone Fixed Income Alpha Fund 1.04 1.04 7.36% CHAPELHILL DENHAM MANAGEMENT LTD investmentmanagement@chapelhilldenham.com Web: www.chapelhilldenham.com, Tel: +234 461 0691 Fund Name Bid Price Offer Price Yield / T-Rtn Chapelhill Denham Money Market Fund 100.00 100.00 0.00% Paramount Equity Fund 25.02 25.53 41.56% Women's Investment Fund 197.62 200.67 39.46% CHD Nigeria Bond Fund 101.40 101.40 12.55% CHD Nigeria Dollar Income Fund 1.03 1.03 11.21% CORDROS ASSET MANAGEMENT LIMITED assetmgtteam@cordros.com Web: www.cordros.com, Tel: 019036947 Fund Name Bid Price Offer Price Yield / T-Rtn Cordros Money Market Fund 100.00 100.00 9.49% Cordros Milestone Fund 162.61 163.69 26.53% Cordros Fixed Income Fund 106.67 106.67 10.32% Cordros Halal Fixed Income Fund 108.57 108.57 11.22% Cordros Dollar Fund ($) 113.61 113.61 6.03% CORONATION ASSETS MANAGEMENT investment@coronationam.com Web:www.coronationam.com, Tel: 012366215 Fund Name Bid Price Offer Price Yield / T-Rtn 1.00 1.00 10.07% Coronation Money Market Fund 1.44 1.49 26.84% Coronation Balanced Fund 1.36 1.36 0.01% Coronation Fixed Income Fund EDC FUNDS MANAGEMENT LIMITED mutualfundng@ecobank.com Web: www.ecobank.com Tel: 012265281 Fund Name Bid Price Offer Price Yield / T-Rtn EDC Nigeria Money Market Fund Class A N/A N/A N/A EDC Nigeria Money Market Fund Class B N/A N/A N/A EDC Nigeria Fixed Income Fund N/A N/A N/A EMERGING AFRICA ASSET MANAGEMENT LIMITED assetmanagement@emergingafricafroup.com Web:www.emergingafricagroup.com/emerging-africa-asset-management-limited/, Tel: 08039492594 Fund Name Bid Price Offer Price Yield / T-Rtn Emerging Africa Money Market Fund 1.00 1.00 13.10% Emerging Africa Bond Fund 1.10 1.10 9.69% Emerging Africa Balanced Diversity Fund 1.26 1.26 25.87% Emerging Africa Eurobond Fund 106.85 106.85 5.78% FBNQUEST ASSETS MANAGEMENT LIMITED invest@fbnquest.com Web: www.fbnquest.com/asset-management; Tel: +234-81 0082 0082 Fund Name Bid Price Offer Price Yield / T-Rtn FBN Bond Fund 1530.44 1530.44 11.77% FBN Balanced Fund 257.70 259.90 39.74% FBN Halal Fund 132.03 132.03 12.94% FBN Money Market Fund 100.00 100.00 10.80% FBN Dollar Fund 123.07 123.07 7.46% FBN Smart Beta Equity Fund 233.90 236.76 54.83% FBN Specialized Dollar Fund 110.82 110.82 9.50% FCMB ASSET MANAGEMENT LIMITED fcmbamhelpdesk@fcmb.com Web: www.fcmbassetmanagement.com; Tel: +234 1 462 2596 Fund Name Bid Price Offer Price Yield / T-Rtn Legacy Money Market Fund 1.00 1.00 8.31% Legacy Debt Fund 3.56 3.56 -0.33% Legacy Equity Fund 2.64 2.69 32.13% Legacy USD Bond Fund 1.32 1.32 4.72% FSDH ASSET MANAGEMENT LTD coralfunds@fsdhgroup.com Web: www.fsdhaml.com; Tel: 01-270 4884-5; 01-280 9740-1 Fund Name Bid Price Offer Price Yield / T-Rtn Coral Balanced Fund N/A N/A N/A Coral Income Fund N/A N/A N/A Coral Money Market Fund N/A N/A N/A FSDH Dollar Fund N/A N/A N/A

GUARANTY TRUST FUND MANAGERS LIMITED enquiries@investment-one.com Web: www.gtcoplc.bank; Tel: +234 812 992 1045,+234 1 448 8888 Fund Name Bid Price Offer Price Yield / T-Rtn Guaranty Trust Money Market Fund N/A N/A N/A Guaranty Trust Balanced Fund N/A N/A N/A Vantage Guaranteed Income Fund N/A N/A N/A Guaranty Trust Equity Income Fund (VEIF) N/A N/A N/A Vantage Dollar Fund (VDF) - June Year End N/A N/A N/A LOTUS CAPITAL LTD fincon@lotuscapitallimited.com Web: www.lotuscapitallimited.com; Tel: +234 1-291 4626 / +234 1-291 4624 Fund Name Bid Price Offer Price Yield / T-Rtn Lotus Halal Investment Fund 1.77 1.80 15.15% Lotus Halal Fixed Income Fund 1,201.24 1,201.24 9.77% MERISTEM WEALTH MANAGEMENT LTD info@meristemwealth.com Web: www.meristemwealth.com/funds/; Tel: +2348028496012 Fund Name Bid Price Offer Price Yield / T-Rtn Meristem Equity Market Fund 17.12 17.25 46.49% Meristem Money Market Fund 10.00 10.00 11.58% NORRENBERGER INVESTMENT AND CAPITAL MANAGEMENT LIMITED enquiries@norrenberger.com Web: www.norrenberger.com, Tel: +234 (0) 908 781 2026 Fund Name Bid Price Offer Price Yield / T-Rtn Norrenberger Islamic Fund (NIF) 103.45 103.45 11.91% Norrenberger Money Market Fund (NMMF) 100.00 100.00 11.47% Norrenberger Dollar Fund (NDF) ($) 102.95 102.95 11.21% PAC ASSET MANAGEMENT LTD info@pacassetmanagement.com Web: www.pacassetmanagement.com/mutualfunds; Tel: +234 1 271 8632 Fund Name Bid Price Offer Price Yield / T-Rtn PACAM Balanced Fund 2.16 2.20 37.05% PACAM Fixed Income Fund 11.93 12.13 7.48% PACAM Money Market Fund 10.00 10.00 9.77% PACAM Equity Fund 2.08 2.11 46.39% PACAM EuroBond Fund 128.61 131.61 15,42% SCM CAPITAL ASSET MANAGEMENT LIMITED info@scmcapitalng.com Web: www.scmcapitalng.com; Tel: +234 1-280 2226,+234 1- 280 2227 Fund Name Bid Price Offer Price Yield / T-Rtn SCM Capital The Frontier Fund 151.62 156.32 20.61% SFS CAPITAL NIGERIA LTD investments@sfsnigeria.com Web: www.sfsnigeria.com, Tel: +234 (01) 2801400 Fund Name Bid Price Offer Price Yield / T-Rtn SFS Fixed Income Fund 1.10 1.10 10.02% STANBIC IBTC ASSET MANAGEMENT LTD assetmanagement@stanbicibtc.com Web: www.stanbicibtcassetmanagement.com; Tel: +234 1 280 1266; 0700 MUTUALFUNDS Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Balanced Fund 4,750.17 4,791.73 40.18% Stanbic IBTC Bond Fund 255.36 255.36 8.40% Stanbic IBTC Ethical Fund 1.97 2.00 57.54% Stanbic IBTC Guaranteed Investment Fund 349.92 350.05 11.77% Stanbic IBTC Iman Fund 367.37 371.68 57.26% Stanbic IBTC Money Market Fund 1.00 1.00 10.78% Stanbic IBTC Nigerian Equity Fund 17,344.08 17,558.23 58.87% Stanbic IBTC Dollar Fund (USD) 1.45 1.45 12.59% Stanbic IBTC Shariah Fixed Income Fund 127.43 127.43 9.00% Stanbic IBTC Enhanced Short-Term Fixed Income Fund 124.89 124.89 17.40% Stanbic IBTC Absolute Fund 4,962.64 4,962.64 16.65% Stanbic IBTC Aggressive Fund 5,069.98 5,132.97 82.35% Stanbic IBTC Conservative Fund 5,140.26 5,164.26 35.08% UNITED CAPITAL ASSET MANAGEMENT LTD unitedcapitalplcgroup.com Web: www.unitedcapitalplcgroup.com; Tel: +234 01-6317876 Fund Name Bid Price Offer Price Yield / T-Rtn United Capital Equity Fund 1.26 1.27 38.05% United Capital Balanced Fund 1.74 1.75 33.89% United Capital Wealth for Women Fund 1.35 1.36 25.50% United Capital Sukuk Fund 1.17 1.17 11.57% United Capital Fixed Income Fund 1.94 1.94 6.89% United Capital Eurobond Fund 123.66 123.66 5.56% United Capital Global Fixed Income Fund 1.07 1.07 8.42% United Capital Money Market Fund 1.00 1.00 10.42% Web: www.quantumzenith.com.ng; Tel: +234 1-2784219 Fund Name Bid Price Offer Price Yield / T-Rtn Zenith Balanced Strategy Fund 18.18 18.39 31.24% Zenith ESG Impact Fund 21.61 21.84 36.75% Zenith Income Fund 25.26 25.26 7.24% Zenith Money Market Fund 1.00 1.00 11.03% VETIVA FUND MANAGERS LTD funds@vetiva.com Web: www.vetiva.com; Tel: +234 1 453 0697 Fund Name Bid Price Offer Price Yield / T-Rtn Vetiva Banking Exchange Traded Fund 7.22 7.32 79.03% Vetiva Consumer Goods Exchange Traded Fund 11.44 11.54 94.98% Vetiva Griffin 30 Exchange Traded Fund 25.43 25.63 43.56% Vetiva Money Market Fund 1.00 1.00 9.93% Vetiva Industrial Goods Exchange Traded Fund 28.06 28.26 40.22% Vetiva S&P Nigeria Sovereign Bond Exchange Traded Fund 147.83 149.83 -6.26%

REITS

NAV Per Share

Yield / T-Rtn

128.24 55.89 101.79 9.99

12.69% 5.41% -12.52%

Bid Price

Offer Price

Yield / T-Rtn

20.89 440.00 697.00 21.21 32.33

23.09 440.00 697.00 21.54 32.73

41.67% 241.83% 591.13% 48.46% 83.48%

NAV Per Share

Yield / T-Rtn

108.40

0.00%

Fund Name

SFS REIT Union Homes REIT Nigeria Real Estate Investment Trust UPDC REIT

EXCHANGE TRADED FUNDS

Fund Name Lotus Halal Equity Exchange Traded Fund SIAML Pension ETF 40 Stanbic IBTC ETF 30 Fund MERGROWTH ETF MERVALUE ETF

I N F R AST R U CT U R E F U N D

Fund Name Chapel Hill Denham Nigeria Infrastructure Debt Fund

The value of investments and the income from them may fall as well as rise. Past performance is a guide and not an indication of future returns. Fund prices published in this edition are also available on each fund manager’s website and FMAN’s website at www.fman.com.ng. Fund prices are supplied by the operator of the relevant fund and are published for information purposes only.

LAWYER TUeSday, NOVEMber 28, 2023

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Kano State Governor, NNPP's ABBA KABIR YUSUF

UT H

& RE A S O

weekly pullout

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& RE A S O

KANO State GUBERNATORIAL CANDIDATE, APC's Nasiru Gawuna

Periscoping the Kano Judgement, Apex Court Appointments in Focus

TueSday, NOVEMber 28, 2023 • T H I S D AY

LAWYER TUe Sday, NOV

eM ber 28, 202

TRU

T H & RE A S

llout weekly pu

In this edition

TRU

T H & RE A S

When to Raise Objection on Absence of Interpreter in Criminal Proceedings Page IV

dIdaTe, erNaTOrIaL CaN KaNO STaTe GUb GawUNa aPC'S NaSIrU

ent, m e g d u J o n a K e th g in Periscop us c o F in ts n e tm in o p p A Apex Court

erNOr, KaNO STaTe GOV

Ir yUSUF NNPP'S abba Kab

Quotables ‘The problem we have in Nigeria, is that the courts have given credence to the idea that on any number of technical grounds, the will of the people expressed at the ballots can be upturned.’-Yemi Candide-Johnson, SAN

‘….The Slip Rule is not available to correct the final disposition of a court, it is for typographical errors. The final disposition of a court is not a typographical error, that is the meat of the judgement’ -Professor Chidi Anselm Odinkalu, former Chairman, National Human Rights Commission, Nigeria

‘Guard your Character’, Justice Owoade Admonishes New SANs Page V

Court Adjourns Olasupo Shasore, SAN’s Matter, for Review Page V

columnist PROF MIKE OZEKHOME, CON, SAN, FCIArb,, PH.D. LLD Constitutional Democracy, means a system of government, in which political and governmental power, is defined, limited and shared by a grundnorm called the Constitution, which provides inbuilt checks and balances. This column seeks to fiercely discuss constitutional, legal and political issues, with a view to strengthening, deepening and widening the plenitude and amplitude of democracy and good governance, without fear or favour. The writer of this column, Prof Mike Ozekhome, SAN, is a Constitutional Lawyer, Human Rights Activist, Pro-Democracy Campaigner, Notary Public and Motivational Speaker. He co-founded the Civil Liberties Organisation (CLO), Nigeria’s pioneer human rights league, on October 15, 1987, the Universal defenders of Democracy (UDD), in 1992, and with Chief Gani Fawehinmi and others in 1998, the Joint Action Committee of Nigeria (JACON), to push out the military. In his early days, he lectured at the University of Ife. Prof Ozekhome is an author of many books. He is also a Special Counsel at the International Criminal Court (ICC), at The Hague.

lawyer

Aelex Emerges Law Firm of theYear, Nigeria, at the 2023 Who’s Who Legal Awards in London Page V

onikepo braithwaite: editor, jude igbanoI: deputy editor, peter taiwo, steve aya: reporters

III The advocate

T H I S D AY • TueSday, NOVEMBER 28, 2023

Clerical Errors, What Clerical Errors!

have always defended the Nigerian Judiciary, because I believe that there are more good eggs amongst judicial officers than bad ones, and therefore, someone has to come to the defence of the ones who are faithful to their oath of office. Doesn’t even the Bible say something about letting 100 guilty people go, just to free one innocent person? It would be unfair to tar that innocent man, with the brush of guilt. Be that as it may, from time to time, when some judgements are handed down, it does make one wonder about judicial officers and the thousands of other judgements that the public is unaware of, when even judgements that command public interest like those concerning election petitions, are sometimes somewhat perverse.

CA/KN/EP/GOV/KAN/34/2023 - Yusuf Abba Kabir v APC & Ors The recent judgement on the Kano State Gubernatorial election petition (Kano judgement), is one of the ones that certainly makes one wonder on numerous levels. For the first time in history, since I qualified as a legal practitioner 32 years ago, the initial thought that crossed my mind after the ruckus of the controversial Kano judgement was, “What is the definition of a judgement? Is it what is read in open court, or what is written in the certified true copy of the judgement (CTC) or both”? I have never seen them differ before. It is trite law that, a judgement is the final decision of a court. It is usually read in open court, and a CTC is a written copy of what was read in open court, signed by the Judge who delivered it, and certified by that trial court as true. Even if sometimes what is read in court is an abridged version of the full judgement, or the reasoning behind the judgement is not provided at the time the decision is read in open court and postponed to be given on a later date, the ‘ratio decidendi’ that is, the binding part of the judgement, the disposition in the judgement, remains the same - when it is read and when it appears in the CTC. Definitely, it is only the CTC of court proceedings and the judgement, that are recognised as a complete true record of court proceedings. In fact, you require a CTC of the judgement to file your notice of appeal, while the CTC of the record of proceedings at the lower court, is transmitted to the higher court that will hear the appeal - that is how crucial CTCs are. But, all the same, can we just discountenance the judgement that is read in open court? I think not. I must say that I have never seen a situation where the ratio in the CTC of a judgement is somewhat of a somersault, in comparison to what was read in open court, or where it gives both opposing sides victory, like the Kano judgement! This is a negative occurrence, that must be stopped immediately, and not be allowed to develop into a trend. Should litigants begin to say that they are awaiting the CTC of the judgement to compare it with what was read in open court, to determine how a case is decided? You also have the ‘obiter dicta’ of the judgement, which means ‘that which is said in passing’, that is, things said by the way by the Judge, that are not necessary for the decision, and are not a binding part of the judgement. See the case of Afro-Continental (Nig) Ltd v Ayantuyi & Ors (1995) LPELR-218 (SC) per Anthony Ikechukwu Iguh, JSC. The Slip or Pencil Rule Last week, I was in court when the trial Judge read his judgement, found a Defendant guilty of manslaughter, and sentenced him to life imprisonment, to serve at least 21 years in prison, taking into consideration time already served which was about 8 years, therefore, leaving a balance of at least 13 years to be served. If the CTC of the judgement emerges and we see 2 years imprisonment instead of 21 years, we can say that it is a typographical error in which the slip or pencil rule is applicable. The typist wrote 2 instead of 21. Or even that the CTC said ‘not guilty’ and mistakenly included the word ‘not’ instead of only ‘guilty’, quite a careless mistake, but, we could still call it a typographical error. But, then, if the CTC reads that the Defendant is not guilty and should be released from prison immediately, what then, do we call it? Another judgement? In Nwana v FCDA 2007 11 N.W.L.R. Part 1044 Page 59 at 78 per Chukwuma-Eneh, JSC, the Supreme Court held thus about the ‘Slip Rule’: “….A slip under the banner of the ‘Slip Rule’ connotes accidental slip or omission as clerical mistakes in a judgement or order capable of being amended, even at times,

done in a situation where 1) when a judgement was reached per incuriam; or 2) where the judgement was erroneous in law; or 3) where the judgement is contrary to public policy or occasioning a miscarriage of justice or perpetuating injustice - see the case of Iteogu v LPDC 2018 LPELR-43845 (SC). In any event, since the Court of Appeal isn’t the final court in this case, correction of errors of the lower court by the appellate court, is the essence of lodging an appeal.

onikepo braithwaite onikepo.braithwaite@thisdaylive. com onikepob@yahoo.com

The

Advocate “….. it is clear that the judgement is contradictory, and it goes beyond typographical or clerical errors, the contents of the CTC contradicting what was read in open court, and even written parts in the CTC contradicting themselves, going to the root and substance of the decision” without notice to the other party….It must not transcend the entire proceedings, as to have a devastating effect going to the root of the decision”. The Slip is not meant to vary the operative part of a judgement, so as to substitute a different form - see the case of Minister of Lagos Affairs v Chief O.B. Akin-Olugbade 1974 9 N.S.C.C. Page 489 at 491-492 per Taslim Elias, CJN. In fact, in the latter case of Berliet Nig. Ltd v Kachalla 1995 9 N.W.L.R. Part 420 Page 478 at 495-496 per Belgore, JSC (later CJN), the Supreme Court held that: “The court, once judgement is entered, cannot alter its decision. What can be altered, is not as to the substance, but as to minor errors, whether spelling or that of typographical, or in form of mathematical error wherein the correct figures can be entered”. I believe that in the Kano State Gubernatorial Court of Appeal decision, in applying the aforementioned authorities, it is clear that the judgement is contradictory, and it goes beyond typographical or clerical errors, the contents of the CTC contradicting what was read in open court, and even written parts in the CTC contradicting themselves, going to the root and substance of the decision. When Hon. Justice Moore Adumein, JCA read his lead judgement in open court, he upheld the judgement of the Election Petition Tribunal sacking the Appellant, NNPP’s Governor Yusuf, and dismissed the appeal. On the other hand, the CTC of his judgement dismissed the appeal and in the same breath, set the Election Petition Tribunal judgement aside, thereby also giving victory to the Appellant, and even awarded N1 million costs in his favour. In short, the Kano judgement gave both the Respondent and Appellant victory in the same case! The oral judgement gave

the Respondent victory, while the CTC gave the Respondent and the Appellant victory. Such a decision at this level of the court hierarchy, the Intermediate Court, is nothing short of strange and shameful. I submit that, in this case, the slip definitely varied the operative part of the judgement, and substituted a different form. Had the slip rule been applicable, in this case, notice of effecting corrections would have had to have been served on the Appellant, whose Counsel, Chief Wole Olanipekun, CFR, SAN, publicly opposed any such correction. That wouldn’t have worked. I however, submit that, the Court of Appeal was Functus Officio in the matter at the time corrections were being discussed, and only the Supreme Court can correct whatever controversies or errors are in the CTC of the Kano judgement, in its own judgement, when both parties appeal on the areas of the Court of Appeal judgement that do not favour them. It is an established principle of law that, a court cannot sit in appeal of its own judgement, and since the contradictions in the CTC of the Kano judgement are not just typographical errors, but go to the root and substance of the decision, it may amount to sitting as a court of appeal over its own judgement, if the Court of Appeal had ‘corrected’ the CTC as it had sought to do. This is not to say that a court doesn’t have the discretion, to set aside its own judgement in exceptional circumstances; but, in the Kano case, the constitutional timeline of 60 days for the Court of Appeal to hear and determine an election petition appeal set by Section 285(7) of the 1999 Constitution of the Federal Republic of Nigeria (as amended in 2023) (the Constitution) already lapsed, thereby making it lawfully impossible for the Court of Appeal to exercise this discretion, which can be

Recruitment of Judicial Officers: Facing the American-Type Judicial Recruitment Panel So, what could be the reason for this monumental ‘boo-boo’ by the Court of Appeal? Mischief on the part of the typist, and carelessness on the part of Adumein JCA who delivered the lead judgement, because if His Lordship had taken the time to read the last page of the judgement, he would have observed the contradictions therein. From what they stated in their concurring judgements in the CTC, it appears that Adumein, JCA’s brother Justices read the draft form of the judgement, and not the CTC. All of the Justices in this case also dumped the principle of Stare Decisis and Section 29(5) of the Electoral Act 2022 (EA) (though one cannot ignore the argument that this provision is somehow risqué), went against the principles established in a plethora of Supreme Court cases (and even their own court) including the latest Presidential Election Petition case - Atiku Abubakar, Peter Gregory Obi & Ors v Bola Ahmed Tinubu & Ors on the issue of membership of and sponsorship by a political party to run for election, an issue that was resettled in the case of Labour Party Candidate, Peter Obi, whose membership of and sponsorship by the Labour Party was challenged by APC and failed, but in the Kano judgement, they wrongfully upheld the challenge of the qualification of the NNPP Candidate, Abba Yusuf, ignoring established judicial precedent. I recently watched a videoclip of how a Judge of an American court who was seeking to be elevated to a higher court, was grilled about his judgements. If the list that circulated on social media of Supreme Court Justices to be appointed soon is authentic, and Moore Adumein JCA who is listed therein as the Priority Justice for the South South region has to face a Panel like the American one, he will definitely have a lot of explaining to do, especially as his brother Justice, Biobele Georgewill, JCA, who was shortlisted in the last selection process in 2020 was dropped for no apparent reason, presently topped the list of four South South Court of Appeal Justices, and has now been purportedly demoted to Reserve in this process! Adumein, JCA, would certainly have to explain why he gave a judgement that departs from the law as explained above, and how he signed a judgement riddled with contradictions that were written just a few lines above his signature, which he should therefore, have seen. Should he have been facing the American Panel, undoubtedly, this event would have made it a deal breaker! The public already mocks our legal profession, and it is this type of bizarre judgement that brings our profession into further disrepute. We call upon whichever body that is responsible for the appointment of judicial officers, be it the FJSC or NJC, to adopt a more competitive and transparent system of appointing capable Judges. I still recall the former NBA President, Olumide Akpata’s statement, when he revealed that during his time on the NJC, Judges who were to be appointed to the Court of Appeal were unfamiliar with basic legal principles like ‘Lis Pendens’. It was decided that the Judges could learn on the job, as if a court as important as the Court of Appeal, is a branch of the Nigerian Law School or a Faculty of Law! Conclusion Up till the time of going to press, the leadership of the Judiciary, whether the President of the Court of Appeal, whose court is directly concerned with this matter, or the Chief Justice of Nigeria, who is the overall head of the Judiciary, have been more or less silent on this embarrassing matter. Has anybody been read the Riot Act? Has there been a call for an investigation into how a judgement that gave victory to both opposing sides, saw the light of day? Did we hear of this type of thing happening in the good old days? I think not. It is time to address issues of inadequacy, incompetence etc in the Judiciary. Clearly, there is no better time than this to take appropriate steps, than when new Justices of the Apex Court are to be appointed. There is already a complaint that the Judiciary is being overly-populated with children, wives, siblings and cronies of retired and sitting judicial officers, and politicians. A situation in which the people lose confidence in the administration of justice sector, is dangerous, as it is the quickest road that leads to anarchy. A word, they say, is enough for the wise!

IV law report

TueSday, NOVEMber 28, 2023 • T H I S D AY

When to Raise Objection on Absence of Interpreter in Criminal Proceedings

Facts On November 5, 2002, the Appellant and four other persons were arraigned before the High Court of Kogi State for the offences of criminal conspiracy, culpable homicide punishable with death and armed robbery punishable under Sections 97, 221(b) and 298 (e) of the Penal Code respectively. On the said date, only the 1st accused person was represented by a counsel in the person of Chief B. C. Oyibo. The Appellant who was the 2nd accused person, and the other accused persons did not have any legal representation. With the consent of the Appellant and the other accused persons, the trial court instructed Chief B. C. Oyibo to represent the Appellant and the others. Thereafter, the charge was read to the 1st accused person in Hausa, while it was read to the Appellant and the others in Yoruba. They entered their plea, and the charge proceeded to trial. At the end of the Prosecution’s case, the Appellant chose not to testify or call any witness in his defence. After final address by respective counsel, the trial court proceeded to deliver its judgement in which it convicted the Appellant and the other three co-accused persons of the offences as charged, and sentenced them all to 10 years imprisonment, life imprisonment and death by hanging. Aggrieved, the Appellant filed an appeal at the Court of Appeal. However, the Court of Appeal dismissed the appeal and affirmed the decision of the trial court. The Appellant filed a further appeal to the Supreme Court. Issues for Determination The Supreme Court considered the following, issues in its determination of the appeal: 1. Whether a miscarriage of justice has not occurred against the Appellant, having regard to the entire circumstances of this case and the decision of the Court of Appeal, that the Appellant was effectively represented by counsel as required by law. 2. Whether the court below was right in holding that the trial court complied with the provisions of Sections 191, 235 and 236 of the Criminal Procedure Code at the trial of the Appellant. 3. Whether the Court of Appeal was correct in affirming the conviction and sentence of the Appellant for conspiracy, culpable homicide punishable with death and armed robbery.

Arguments On the 1st issue, Counsel for the Appellant argued that the Appellant’s right to fair hearing was breached, because he did not understand the language of the court at the time he was asked if he consented to being represented by Chief Oyibo; hence, he cannot be said to have understood the question posed to him or consented to his representation by the said Chief Oyibo, in the absence of an interpreter to interpret the question to him in the language he understands. Counsel submitted that there is nothing on the record to show that the proceeding immediately preceding the reading of the charge to the Appellant in Yoruba language was interpreted to him in Yoruba, hence, his purported consent to have Chief Oyibo represent him is null and void. He argued on the 2nd issue that there was non-compliance with the provisions of Sections 191, 235 and 236 of the Criminal Procedure Code at the trial of the Appellant, and this caused a miscarriage of justice on him. On the 3rd issue, he submitted that the Prosecution failed to prove its case against the Appellant beyond reasonable doubt, and the Court of Appeal wrongly affirmed the conviction and sentence of the Appellant. Counsel for the Respondent argued contrarily

Hon. Justice Ibrahim Mohammed Musa Saulawa, JSC

In the Supreme Court of Nigeria Holden at Abuja On Friday, the 10th day of February, 2023 Before Their Lordships Kudirat Motonmori Olatokunbo Kekere-Ekun Helen Moronkeji Ogunwumiju Ibrahim Mohammed Musa Saulawa Adamu Jauro Tijjani Abubakar SC.479/2013 Between RAZAQ OLANREWAJU And

APPELLANT

THE STATE

RESPONDENT

(Lead Judgement delivered by Honourable Ibrahim Mohammed Musa Saulawa, JSC)

on the 1st issue, that the Appellant’s trial was conducted in compliance with the law and he was effectively represented by counsel in accordance with the law. On the 2nd issue, he argued that the Appellant failed to establish the breach of the provisions of Sections 191, 235 and 236 of the Criminal Procedure Code by the trial court. He submitted on the 3rd issue, that the Prosecution proved the offences for which the Appellant was charged beyond reasonable doubt, and the Court of Appeal was correct in affirming his conviction and sentence for the said offences. Court’s Judgement and Rationale In its determination of the 1st issue, the Court referred to the provision of Section 36(4) of the 1999 Constitution which accords an accused person the right of fair hearing, in the course of determination of criminal charge against him. The Court also referred

“….. the stage at which to raise an objection to the absence of an interpreter is in the course of trial, especially where the accused is represented by counsel, and an issue would only arise if the accused requests an interpreter but is not provided with one, or where he indicates to the court that he does not understand the language of the court”

to Section 36(6) of the Constitution which accords an accused person the right to be informed of the offence for which he is charged in the language he understands, and the right to defend himself or be represented by a legal practitioner of his choice. The Court held that the stage at which to raise an objection to the absence of an interpreter is in the course of trial, especially where the accused is represented by counsel, and an issue would only arise if the accused requests an interpreter but is not provided with one, or where he indicates to the court that he does not understand the language of the court. The Court referred to STATE v GWONTO & ORS. (1983) 3 SC 62 at 66. The Court held that the Appellant failed to raise the issue/need for an interpreter throughout the trial at the trial court; hence, it was too late in the day to raise it on appeal. Furthermore, the record clearly showed that the Appellant understood the questions put to him at the trial court and answered accordingly, particularly in light of the evidence on record which showed that at a time when he was asked about the whereabouts of his counsel, he had answered by stating that his counsel was not around. The Court held further that it was evident in the record that the Appellant consented to being represented by Chief Oyibo, and he was not under any compulsion to accept the legal aid volunteered by Chief Oyibo as ordered by the court. The Appellant had every opportunity within the two years when the trial was conducted, to have pronounced his rejection of Chief Oyibo as his counsel, if he thought he was not adequately represented. The Court also held that there was also nothing in the record to indicate that Chief Oyibo did not adequately prepare or conduct the defence of

the Appellant, to ensure that he received a fair trial. The Court cited OKEKE v THE STATE (2003) 15 NWLR (Pt. 842) 25 at 110. Having thus, not raised the issue of interpretation at the trial court or complained against the counsel who represented him pro bono, the Appellant cannot now turn around to complain on appeal. On the 2nd issue, the Court held that by the provisions of Sections 191, 235 and 236 of the Criminal Procedure Code, after the reading of the examination of an accused person, the court has a duty to ask him whether he wishes to give evidence on his own behalf, or call witnesses other than character witnesses. By Sections 235 and 236 thereto, the court may put such questions to the accused person as the court considers necessary after the Prosecution witnesses have been examined, and before he is called on for his defence, and the purpose of this is to discover the accused person’s line of defence and make clear to him particular points in the Prosecution’s case which he has to meet in his defence. The Apex Court held that the evidence on record showed that the trial court asked whether the Appellant would like to give evidence, or rely on all the Prosecution stated, to which the Appellant promptly responded that he had nothing to add to what the Prosecution said, and he would not be calling any witnesses. Thus, contrary to the Appellant’s submission, there was ample evidence on record establishing that there was substantial compliance with Sections 191, 235 and 236 of the Criminal Procedure Code. On the 3rd issue, the Court held that by virtue of Section 138(1) of the Evidence Act 2011, where the commission of a crime by a party to any proceedings is directly in issue in a criminal or civil proceeding, it must be proved beyond reasonable doubt. On the first count of conspiracy, the Court held that there was cogent evidence on record, direct and inferential; before the commission of the offence up to the point of the arrest of the Appellant in the company of the 4th and 5th accused persons; which showed beyond reasonable doubt, that the Appellant conspired with the co-accused persons to carry out the offences. On the second count of armed robbery, the court held that in order to prove the commission of the offence of armed robbery against an accused person, the Prosecution has a duty to prove beyond reasonable doubt that: there was a robbery; the accused person took part in the commission of the robbery and; at the time of committing the robbery, the accused was armed with firearms or an offensive weapon. The court held that the totality of the evidence on record, established these three ingredients against the Appellant beyond reasonable doubt. On the offence of culpable homicide, the court held that in order to sustain a conviction for culpable homicide, the Prosecution must prove by cogent evidence that the deceased died, that the death of the deceased was caused by the act of the accused person and that the said act of the accused person was intentional; with the knowledge that death or grievous bodily harm will be its probable consequence. The Court relied on MBANG v THE STATE (2001) ALL FWLR (PT. 362) 1766 at 1781. The Court held that there was no doubt that one Mohammed Shaibu died on the night of the robbery, and the totality of the Prosecution’s evidence was also to the conclusive effect that, the Appellant and his co-accused persons were responsible for his brutal death. The Court of Appeal thus, rightly affirmed the conviction and sentence of the Appellant.

Appeal Dismissed. Representation L. O. Akangbe for the Appellant. Dr Agada Elachi Esq. for the Respondent, with the fiat of the A-G, Kogi State. Reported by Optimum Publishers Limited, Publishers of the Nigerian Monthly Law Reports (NMLR)(An affiliate of Babalakin & Co.)

TueSday, NOVEMBER 28, 2023 • T H I S D AY

NEWS

Hon. Justice Mojeed Adekunle Owoade, JCA (Rtd)

Mr Olasupo Shasore, SAN

Stories by Steve Aya

prepare well for their matters in court, so that they are not found wanting in court. He further urged them to always be humble, respecting other Lawyers and the court, by not insisting on the court listing to them first because they are SANs. The host of this year’s induction programme and

Managing Partner, Aelex, Adedapo Tunde-Olowu, SAN and Senior Associate, Aelex, Oluwaseun Philip-Idiok at the Who's Who Awards Ceremony held at the HAC London

‘Guard your Character’, Justice Owoade Admonishes New SANs

The 58 newly sworn-in Senior Advocates of Nigeria, have been told to be careful with their conduct, character display, and spoken words, both when they are in court, in public, and even in private. This advice was given by Hon. Justice Mojeed Adekunle Owoade JCA (Rtd) while delivering a Paper at the annual induction of the new Senior Advocates of Nigeria which took place at the Idera Hall, Radisson Blu Anchorage Hotel, Victoria Island in Lagos. Speaking on the topic ‘’Understanding the Culture and Demands of Continuous Excellence at the Inner Bar; Court of Appeal Perspective’’, the retired Justice charged the new SANs to always speak the truth at all times regardless of the situation, as it is only

the truth that will guarantee them the trust of their clients, court and the general public. Also speaking at the Induction, the administrative Judge of the Federal High Court, Lagos Division, Hon. Justice Ayokunle Olayinka Faji, while congratulating the newly appointed SANs opined that well over 90% of Lawyers elevated to the position of Senior Advocate deserve their elevation, and there should be no dissenting voices. Justice Faji further urged the Senior Lawyers to always be there for their colleagues, as this will go a long way to ensure that the culture of excellence associated with their new status is maintained. Mr Ademola Akinrele, SAN, on his part, urged the new SANs to read widely and to

the Dean of Law at Ajayi Crowther University, Prof Olanrewaju A. Onadeko, SAN, said that the theme for this year’s induction, ‘’Legal Ethics and Professionalism in the Practice of Law’’, was carefully selected to deal with the present day realities facing the legal community in Nigeria. He further stated

Awards ceremony held at the Honourable Artillery Company in London. The event brought together legal professionals and representatives, from some of the world's premier law firms and consulting establishments. The awards ceremony, spanning 40 practice areas and encompassing over 75 countries, celebrated the exceptional accomplishments of law firms, legal practitioners, consulting firms, and consulting experts on a global scale over the past year. Who’s Who Legal, hosted by Lexology, is renowned for spotlighting only the foremost practitioners in each field. This distinction

advocate for leadership in the legal domain while upholding professional ethics, integrity, and a superior level of legal practice within the Inner Bar and the legal profession in Nigeria. This year’s annual mandatory induction programme for new Senior Advocates, is the sixth edition.

Court Adjourns Olasupo Shasore, SAN’s Matter, for Review The trial of Mr Olasupo Shasore, SAN, a former Attorney-General and Commissioner for Justice, Lagos State, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has been adjourned till Wednesday, January 24, 2024. At the resumed hearing of the matter on Friday, November 24, 2023, the Prosecuting Counsel,

Bala Sanga, informed the court that with the recent judgement of a United Kingdom Court in which the Federal Government of Nigeria won the legal case against Process & Industrial Developments (P&ID) Limited in a London court in October 2023, there was a request from the Office of the AttorneyGeneral of the Federation, for

Aelex Emerges Law Firm of the Year, Nigeria, at the 2023 Who’s Who Legal Awards in London A Nigerian law firm, AELEX, has once again clinched the prestigious title of Law Firm of the Year, Nigeria, at the 2023 Who's Who Legal (WWL) Awards, marking an impressive feat as the only law firm in West Africa to win a Who's Who Legal Firm of the Year Award in 2023. This adds to the firm's record, making it the eighth time that AELEX has been honoured as the best law firm in Nigeria by WWL in the 14 years of the Award, with the initial recognition bestowed upon the firm in 2009 during the Award’s inaugural year. The announcement of the winners was unfolded on November 9, 2023, at a black-tie

that this induction, is aimed at reminding the new SANs of the challenges and responsibilities attached to their new office. The body of Senior Advocates of Nigeria (BOSAN) is an independent organisation comprising 754 highly distinguished practitioners in the legal profession, with its main objective being to

is based exclusively on an impartial and comprehensive research process, which includes feedback from private practitioners, clients, and sector experts. Winners were meticulously selected based on various criteria, such as client and peer feedback, demonstrated excellence in their work, the breadth and depth of their practice areas, geographical reach, and the number of individuals recognised as WWL Thought Leaders. Rupert Wilson, Head of Research at WWL, remarked, “This evening’s winners can take pride in the knowledge that, it is endorsements by

their peers and clients, who have seen their skills and capabilities first-hand, that were a major factor in their award wins. Over 300,000 individual recommendations were received by WWL in the past 12 months, from legal practitioners worldwide, with winners routinely receiving dozens of separate nominations from across the market.” AELEX, with offices in Nigeria and Ghana, has remained steadfast in its commitment to establishing a practice devoted to developing both local and international expertise, acquiring pertinent skills, and fostering competencies.

PhotoNews

Professor Epiphany Azinge, SAN and his wife, Dr (Mrs) Valerie Azinge, SAN at the 2023 Annual Epiphany Azinge Foundation Colloquium themed ‘Modern Day Slavery’ , in Collaboration with National Human Rights Commission and National Agency for the Prohibition of Trafficking in Persons, which held on November 13, 2023 at Yar’Adua Centre, Abuja PHOTOS: Julius Atoi Prof Azinge, SAN (left) and Prof Paul Idornigie, SAN

a review of the case. "As a result of the judgement of the London Court, which I can call the 'mother case', the Office of the Attorney-General of the Federation has recalled all documents for a comprehensive review and we have a letter to that effect", he said. He thereafter, requested for an adjournment, as the Prosecution awaits the outcome of the review. The judgement was delivered after five years of legal fireworks, which was finally given in favour of Nigeria, as the court quashed the $11 billion arbitration award in favour of P&ID. There was no objection raised by the lead Defence Counsel, Chijioke Okoli, SAN. Justice Dada after considering the request, then adjourned the matter till January 24, 2024 "for further report". The Economic and Financial Crimes Commission (EFCC) had on Friday, October 21, 2022, arraigned Mr Shasore, SAN on a two-count charge bordering on alleged bribery of public officers, which is contrary to and punishable under Section 9(1) (a) of the Corrupt Practices and Other Related Offences Act 2000. One of the counts reads:

"That you, Olasupo Shasore, SAN, on or about the 18th day of November, 2014 in Lagos, within the jurisdiction of this Honourable Court, corruptly gave the sum of USD100,000.00 (One Hundred Thousand United States Dollars) to one Mrs Olufolakemi Adelore (then Director, Legal, Federal Ministry of Petroleum Resources) on account of the role she played in the arbitral proceedings instituted by Process and Industrial Developments Limited (P&ID) against the Federal Ministry of Petroleum Resources". The second count reads: "That you, Olasupo Shasore, SAN, on or about the 18th day of November, 2014 in Lagos, within the jurisdiction of this Honourable Court, corruptly gave the sum of USD100,000.00 (One Hundred Thousand United States Dollars) to one Mr Ikechukwu Oguine (Secretary to the Corporation and Coordinator, Legal Services, NNPC) on account of the role he played in the arbitral proceedings instituted by Process and Industrial Developments Limited (P&ID) against the Federal Ministry of Petroleum Resources". He pleaded "not guilty" to the charges.

L-R: Former Chairman, ICPC, Prof Bolaji Owansanoye, SAN; DG, NAPTIP, Prof Fatima Waziri Azi; Minister of State, Police Affairs, Hon. Imaan Suleiman Ibrahim; Prof Epiphany Azinge, SAN and Executive Secretary, NHRC, Mr Tony Ojukwu, SAN

VI coVER

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Periscoping the Kano Judgement, Apex Court Appointments in Focus

While Nigerians are yet to come to terms with the unfortunate judgement of the Court of Appeal, on the Kano State Gubernatorial Election Petition which dismissed the appeal and at the same time, set aside the decision of the Election Petition Tribunal, the nation’s Judiciary has been put to a litmus test, not only about the integrity of our Judiciary, but that of the recruitment process of Judicial Officers, which has come under scrutiny in recent times. Femi Falana, SAN; George Oguntade, SAN; Professor Chidi Anselm Odinkalu and Joseph Otteh dissect the issues surrounding the Kano judgement which has left the jury divided, as some believe the contradictions in the judgement are simply clerical errors that can be corrected under the auspices of the “Slip Rule”, while others believe that the errors go beyond clerical errors, and instead, are a matter for appeal to the Supreme Court whose final pronouncements will correct the errors and lay the controversy to rest. They also give their perspectives, on the ongoing selection process of appointing Justices to fill the vacant positions at the Supreme Court Kano Governorship Appeal Judgement and its Disastrous Consequences Femi Falana, SAN

he aggrieved parties have approached the Supreme Court, for appropriate legal r e dress. T o that extent, I can no longer comment on the controversial judgement of the Court of Appeal.

The Slip Rule and the Process for Correction A typographical error in a judgment is a mistake, such as a misspelled word. In the instant case, there was no mistake in the spelling of any word whatsoever. So, the Court of Appeal did not set out to correct any misspelled word in its judgement. What it did was to correct the contradiction in the judgement, which is permissible under the slip rule. With respect, the court overstepped its bound by removing and replacing the conclusion of the judgement after it had been drawn up, without

“Since election petitions and appeals arising therefrom are time bound, the judgement of the Court of Appeal could not have been validly corrected after the mandatory period of 60 days. The error could only be corrected by the Supreme Court, where an appeal has already been filed”

the consent of the parties. Once a judgement has been signed and distributed to parties, a court cannot suo motu correct it without inviting the parties to comment on it. Under Order 23 Rule 4 of the Court of Appeal Rules 2021, an application to correct a serious slip in a judgement is required to be made by any of the parties or the court. If the application is granted, a new judgement will be signed and given to the parties. Matters Arising Since election petitions and appeals arising therefrom are time bound, the judgement of the Court of Appeal could not have been validly corrected after the mandatory period of 60 days. The error could only be corrected by the Supreme Court, where an appeal has already been filed. More importantly, the Supreme Court has repeatedly maintained that the nomination of candidates to contest elections is the internal affair of political parties. I am of

the firm view that the serious issue to consider, is the legal validity of the decision of the trial tribunal to cancel the votes of 165,000 voters on the ground that electoral officers did not stamp the ballot papers. I am confident that the Supreme Court will do justice to all the parties, by interpreting the law in favour of democracy. Filling the Vacancies in the Supreme Court The vacancies in the Supreme Court, should be filled as soon as possible. It is in the interest of justice, to act quickly and decisively. My view is that it is going to be extremely difficult for 10 Justices to hear and determine the avalanche of appeals flooding the Apex Court from the Court of Appeal, in respect of the Governorship elections. The authorities are required to fill the vacancies in the Supreme Court with senior Justices, Academics, and legal practitioners of experience, integrity, and erudition. This time around, the Senate should screen the nominees and not ask them to

VII

TueSday, NOVEMber 28, 2023 • T H I S D AY

coVER Periscoping the Kano Judgement, Apex Court Appointments in Focus take a bow. The Senate must take cognisance of the judgements, or contributions of the nominees to legal development. Their lifestyle and the company they keep, should be part of the criteria to be considered in confirming the nominees.

Femi Falana, SAN Can the Kano Court of Appeal Judgement be Corrected by the Slip Rule? George Oguntade, SAN It is most unfortunate that the recent Judgement of the Court of Appeal in the Kano State Gubernatorial Litigation, has generated and continues to generate so much controversy. I suspect that most of those criticising the judgement, have not even bothered to read and understand same. Rather, courtesy of social media, the obvious error contained in the concluding part of the judgement has been extrapolated and made the basis of vitriolic anger and abuse of the Judges. It is also understandable that recent decisions of our appellate courts, based on technicalities rather than substance, has fuelled palpable anger in the country. The people and not Judges, are supposed to determine the winners of elections. A careful reading of the judgement, the facts, the evaluation of evidence and analysis of the law leaves one in no doubt as to the true decision of the Court, which is to DiISMISS the Appeal and sack Governor Abba Yusuf. The concluding sentence extrapolated for discourse, to the effect that the issues were resolved in favour of the Appellant and against the 1st Respondent, was an obvious error. This can be corrected by the Court under what is known as the “Slip Rule” in the Rules of Courts generally, and I understand that the error has since been corrected. It should be understood that Judges are also human beings too, and can therefore, make innocuous errors in their judgements. The Slip Rule is designed to correct such errors, and courts utilise this statutory provision regularly. A recent example is when the Supreme Court utilised the Slip Rule to correct an error in the May 2022 judgement concerning the APC Chairmanship contest, where an error was made in the names of certain persons by Hon. Justice Mary Peter-Odili. Upon application to the Court, the error was corrected by the Court.

APC Respondent, Nasiru Gawuna

It is rather sad that many elites who know better, even senior Lawyers, have been in the vanguard of misrepresenting the validity of the judgement and making a mountain out of a molehill. In this regard, the recent statement of the Attorney-General of Kano State maligning the Justices in his castigation of the judgement, has been shocking to say the least. He clearly knows better than this. Lawyers owe an obligation to the society at large, to convey the correct position of the law on matters of this nature. Recruitment of Supreme Court Justices On the recent nomination of 11 Justices to the Supreme Court Bench, this is indeed, a welcome development and long overdue. The backlog of cases in the Court is huge, and has resulted in inordinate delay in the hearing of appeals over the years. The current Justices are stressed and overworked, putting their health at risk. The new appointments, will lighten the burden of work in the court. My expectation is that the new Justices will appreciate the complexity and enormity of the problems facing the Court, buckle up and get to brass tacks. The appointees are deeply knowledgeable in the law and have demonstrated their competence over the years. I have no doubt that they will prove up to the task. On a related note, it is important to use this opportunity

“The Nigerian Judiciary is crooked. I said so, and I claim it with my full chest. It’s not a belief. No Judiciary that is credible, will produce this kind of judgement and certify it”

NNPP Appellant, Kano Governor, Abba Kabir Yusuf

to state that Appeals to the Apex Court should not be automatic, but should be by Leave as obtains in many other jurisdictions. This will stop the filing of many frivolous appeals with no chance of success, that ultimately end up clogging the docket of the court. This constitutional amendment, is long overdue. George Oguntade, SAN

Basis to Suspect the Kano Gubernatorial Court of Appeal Judgement Professor Odinkalu

Chidi

Anselm

The fact of the matter is that there is now ample material on the basis of which to suspect that that judgem e n t , something wrong did happen. Every judgement has three parts - the Recital of what was filed, what is the dispute, framing the issues; the Discursive dimension in which the Judge discusses applicable law, analyses applicable law and applies them to the issues framed and decides how they are inclined. Then you have the Dispositary parts, where the Judge actually says, this is how I decide, these are my findings, these are my orders - that’s the end of the matter. You cannot say that the Dispositive part of a judgement, is an error. No Judge makes an error with their disposition, and still calls that a judgement. I’m learning now that, what is said in court is really the judgement of the court, and not what is in the record! That’s the way law works in Nigeria. I’m also learning that, you can appeal against concurring judgements. It

is absolutely new law to me, that you can appeal against concurring judgements. It’s also new law to me that what the Judge says in court is what the judgement is, and not what is in the record. The Slip Rule This is absolutely not a clerical error. There is a doctrine in law actually that applies to clerical errors in judgements, called the “Slip Rule”. So, for instance, if you want to write wifi and you write wife, that is a clerical error that can be corrected. With the consent of the parties, having notified them, revert wife to wifi. But, you cannot, with the consent of anyone, say that having awarded costs to me, you will cancel that and award costs to the other party. Of having set aside the judgement of the lower court on record, you then come back and say that is an error, and will actually uphold the judgement of the lower court, because those are dispositary, those are the dispositions of the court. Once you do that, that’s final. The only way you can reopen that matter is upstairs, if there is still an opportunity, or a review, if you are before the final court. That is not a clerical error. That was the old law that I was taught. How can the dispositions in that judgement be clerical errors? Recruitment to the Supreme Court I am not from Kano. I’m not interested in any of the parties in Kano. I am however, interested with every fibre I have, in the credibility of the judicial system in Nigeria. And, by the way, the Judge who gave this thing is the one who is being put forward to go to the Supreme Court on the basis of the nominations that have just come out of the FJSC. It’s a coincidence I presume, that it is contemporaneous with this scandal of a judgement; on the basis of this scandal of a judgement, that person who is being put forward to go to Cont'd on page VIII

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the Supreme Court and the Judge who was on Reserve the last time appointments were made from the Niger Delta, the South South in 2020 is stepped down in favour of this scandal of a judgement. I think indignation is dead in the country. We are no longer serious, about upholding the integrity of the judicial system, of Judges. Any Judge who puts this thing forward should be going before the disciplinary process, so that they can explain themselves as to how you provide a judgement to all sides in the matter. It is inconceivable. It is a scandal. I’m actually scandalised that any Lawyer, irrespective of the side they have taken in the case, cannot see that this scandalises the Judiciary and the judicial system. The Nigerian Judiciary is crooked. I said so and I claim it with my full chest. It’s not a belief. No Judiciary that is credible, will produce this kind of judgement and certify it. And, this is not coming from a Customary Court. It’s not coming from an Area Court or a Magistrate’s Court, it’s not even coming from a High Court. It’s not coming from a Customary Court of Appeal nor a Sharia Court of Appeal; this is the Court of Appeal of Nigeria, the second highest court in the country. Any Lawyer worth their onions, should be scandalised by it, irrespective of whatever side you take, because the country relies on credible adjudication in order to make progress, in order to sanitise society, in order to retain balance in our country. Now, if we are producing judgements like this, and then asking the Lawyers to come back so that they can be tippexed and corrected, how do you trust the judicial system?! That is crookery. If a Judge gives a disposition and comes to change it, and you are telling me not to say that they are crooked, you are not serious. Shame As a citizen, would you trust a Judiciary at the highest levels in which a Judge produces this kind of judgement? It is absolutely crooked and shamelessly so. We should all be ashamed of a Judiciary that produces this kind of judgement; and we should all be ashamed that we are sitting down here talking about changing a judgement that has already been published and certified. And, we should all be ashamed that we are publicly claiming that what was said in court is superior to what was certified by the court. All of this is very shameful. I’m really ashamed, as a person who used to be a Nigerian Lawyer. Nigerian law left me a long time ago, because quite honestly, it is impossible to

President of the Court of Appeal, Hon. Justice Monica Dongban-Mensem

try to advice anybody on the basis of what is happening in our courts. Don’t take my word about the crookery. The ICPC published a Report saying that Lawyers and Judges were bribing one another to the tune of billons of Naira. This was just 2020. Now, if we look at what is happening, the numbers will be more than that. These are not my sentiments, there is official reporting, literature from institutions of the Nigerian State. And, we are having situations in which Judges and Senior Advocates of Nigeria who were charged with serious crimes of corruption, have been let loose and let go without being acquitted and have returned to the Bench. And, you are telling me not to say that it is crooked. What then, is it? It is not his place to do so. The Chief Registrar of the Court of Appeal, did not sit on the proceedings; Chief Registrars are not Judges. It is not the business of the Chief Registrar to get in at this point. His job is over. He makes reference to the Handbook of the Court of Appeal. The slip rule is not available, to correct the final dispositions of a court. It is for typographical errors. The final dispositions of a court, is

“We have never had it this bad. Between 1999 and 2004, the NJC disciplined over 20 Judges for corruption related to election matters. In 2005, the NJC fired two Justices of the Court of Appeal over collection of money and buildings in a Senatorial case. So, let’s not behave as if we don’t understand that these things are happening”

not a typographical error. That is the meat of the judgement. How do you return a CTC to correct a judgement, not a typographical error? That is a scandal. That is crookery. Conclusion We have never had it this bad. Between 1999 and 2004, the NJC disciplined over 20 Judges for corruption related to election matters. In 2005, the NJC fired two Justices of the Court of Appeal over collection of money and buildings in a Senatorial case. So, let’s not behave as if we don’t understand that these things are happening. It is the impunity and complicity between political actors and judicial actors on the scale that it is happening, that is dangerous. There is a trend, and we need to all act collectively to redress. I do think we need to begin by acknowledging that there is a problem, and try to work together for the benefit of all sides. We are dealing with a pattern of malefaction which I believe, should worry us.

Court - come under an unrelenting barrel of scatting attacks, and it is so clear that a lot of people have lost faith in Nigeria’s judicial institutions. Former Minister of Education and World Bank Africa Region Vice President, Oby Ezekwesili, only two days ago, called out Nigeria’s Judiciary as being “rotten”. Similar tropes are reverberating across broad spectrums of public opinion. The leadership of Nigeria’s Judiciary still appears unruffled by this loss of esteem, and has barely shown signs of irritation or indignation at the name calling, nor made efforts to recalibrate its public perception. On the contrary, the Judiciary keeps feeding the impression that it is unreconstructable and irresponsive to public opinion. Recently, the Federal Judicial Service Commission (FJSC) released a list of Justices who were shortlisted for the vacant Supreme Court positions, which the National Judicial Council (NJC) will consider and recommend for appointment. Before interrogating the list, one first hurdle the Judiciary must clear with the public, is: was the entire recruitment process stage managed for political purposes?

Professor Chidi Anselm Odinkalu, former Chairman, Prior Efforts to Fill Supreme National Human Rights Com- Court Vacancies mission, Nigeria To be clear, there were 14 Justices on the roll of the Supreme Court in Why is Nigeria’s Judiciary June 2022, when the current Chief Further Destroying the Su- Justice of Nigeria (CJN) Hon. Justice preme Court with its Politics Olukayode Ariwoola, GCON was Over Appointments? appointed. By the time the CJN was confirmed in September 2023, Joseph Otteh the number had decreased to 13 with the retirement of Hon. Justice IntroducAbdu Aboki. Meanwhile, even tion before the CJN came into office, A shift of his predecessor had begun a process public atto appoint more Justices into the titudes is Supreme Court, and, as at January seeing the 2023, published notices requesting Judiciary expressions of interest in the Supreme - and the Court vacancies, with the process Supreme Cont'd on page IX

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coVER Periscoping the Kano Judgement, Apex Court Appointments in Focus

Cont'd from page VIII

progressing enough to the extent that the Nigerian Bar Association (NBA) stated that a shortlist drawn had been drawn up but had excluded members of the Bar. As far as is known, no explanation has been offered as to why the recruitment process started in early 2022, and expected to lead to the appointment of more Supreme Court Justices, expectedly in that year, was aborted. In June 2023, one year after his appointment as CJN, another call for expression of interest was opened for the appointment of 10 Justices of the Supreme Court, with no reference made to the outcome of the process which begun in 2022. Five months after this process began, no fresh Supreme Court appointments have been made, in spite of the urgency and direness of the personnel situation at the Supreme Court. In his address at the Valedictory session of Hon. Justice Dattijo Muhammad recently, the CJN said the Supreme Court was now reduced to 10 Justices, which he said, was unprecedented in recent history, promising that new appointments were underway. What the CJN did not say, was arguably far more important than what was said. The question that should have been answered, was why the vacancies in the Supreme Court had to persist and even widen during the period. Why were two processes begun for recruiting additional Justices of the Court aborted, stalled or simply kept in abeyance? The Judiciary exercises complete control over, and independently manages processes leading up to appointments of Supreme Court Justices, up till the time the President is called upon to make a formal appointment. So, it was not the case that the President has refused to act on any recommendations made to him for appointment, in the way ex-President Muhammadu Buhari did in 2018/2019. So why, for nearly two years after the Judiciary initiated processes to recruit additional Supreme Court Justices, have the Justices not been appointed? Why did the process stall, and not returned an outcome? As Justice Dattijo Muhammad said at his Valedictory: “It is not in doubt that there has been sufficient time for suitable replacements to have been appointed.” Justice Dattijo Muhammad called out the “Antics” and Politics of Judicial Appointments. There is also a more portentous, sinister perspective to take account of, floated by no other than retired Supreme Court Justice, Dattijo Mohammad, at his Valedictory saying: “It is evident that the decision not to fill the vacancies in the court is deliberate”. When considered against the backdrop of other comments Justice Dattijo Muhammad made regarding the

Chief Justice of Nigeria, Hon. Justice Olukayode Ariwoola, GCON

composition of the Supreme Courts’s Presidential Election Appeals Panel which recently ruled on the Presidential elections appeal, it appears Justice Dattijo was suggesting that the delay in filling Supreme Court vacancies was both premeditated and politically-motivated. Was it? Up till now, it is not known that the leadership of the Judiciary has refuted the allegations or fought them elsewhere. Well after the conclusion of the Presidential election appeals, efforts to fill Supreme Court vacancies have gathered traction, and a new shortlist of candidates has been released. The list, comprised entirely of serving Court of Appeal Justices is blinkered with raw institutional biases, or, to put it in another way, reeks of blatant institutional nepotism. The Supreme Court needs the complexion, astuteness, robustness, scholarship and intellect of a far more diverse body of Justices than what only serving Court of Appeal Justices offer. Supreme Court appointments ought not simply be reserved for fulfilling personal ambitions or expectations. The foremost court ought to be a court that represents a country’s best foot forward, the iterations of a nation’s ablest legal scholars, legal philosophers, and jurists whose

“…. the process of appointing Justices to Nigeria’s highest court…. is still under the near-full control of the CJN who heads both the FJSC and the NJC… The powers he exercises in this respect, are largely not subject to control. Have these powers been used in a politically-motivated manner? Some, like the retired Justice Dattijo Muhammad think so….”

backgrounds and diversities can bring much added value to the task of building the legal architecture for achieving the socio-economic aspirations of the country. It’s often called a court of policy, not for cut-and-dried legalisms, and that is why in many countries, the process of selecting Justices of the highest courts goes through a rigorous public process, so that potential candidates, in addition to what their antecedents are, can demonstrate publicly, that they qualify for a seat in the Apex Court. Even then, the current shortlist is not drawn from the selection process which produced the list of June 2023, and a significant number of changes can be observed between both lists. For the South-East for example, three names in the original list have been dropped. For the NorthCentral zone, a name has been dropped, while two names have been added in the new list. For the North-East, two new names have been proposed, which were not in the earlier list. One of them is the Justice who presided over the Presidential Elections Petitions Court. For the North-West, one name was dropped, while two others were added, while for the South West, and South-South three names were dropped entirely respectively. Why did the same body, that is, the FJSC vary its recommendations? Did it begin a fresh recruitment process to do that? If so, when? Were fresh interviews conducted, or fresh appraisals of credentials made? If it did not, on what basis did it withdraw the former list and produce a new one? Why has there been a staggering lack of transparency, in the way appointments to the Supreme Court are being made? It therefore, appears that between 2022 and 2023, this is the third

process undertaken for filling vacant Supreme Court vacancies, while no explanations have been offered as to why the earlier processes drew a blank. Conclusion Many lessons that can be drawn, from this narrative. One of them is that the process of appointing Justices to Nigeria’s highest court, elevated as that court is, is still under the near-full control of the CJN who heads both the FJSC and the NJC. The powers he exercises in this respect, are largely not subject to control. Have these powers been used in a politically-motivated manner? Some, like the retired Justice Dattijo Muhammad think so, and his claims in this respect, need to be thoroughly investigated for the sake of preserving whatever margins are left of the Judiciary’s reputation. And, it will not be the first time that such allegations have been made. Hon. Justice Ayo Salami (Rtd), former President of the Court of Appeal, once alleged that he was, against his will, recommended for elevation to the Supreme Court, in order to find a replacement who will dance to the strings of a certain political tune. The politics surrounding judicial appointments in Nigeria is eating up Nigeria’s Judiciary, which was once a proud institution. Now, it is barely a shadow of itself, bumping along the bottom, and gasping for air. The negatively-altered climate of public trust in which Judges/ Justices now function is casting a long shadow over them, many of whom have given their everything, soul and body, to serve honourably. There is a certain “urgency of now” to fix a badly broken system, but the complacency of those who ought to fight could drive the justice system to total perdition. Joseph Otteh, Convener, Access to Justice

TueSday, NOVEMber 28, 2023 • T H I S D AY

Talking Constitutional democracy PROF mike ozekhome, san

0809 889 8888 SMS Only

Law as a Vehicle for Good Governance and National Integration in Nigeria (Part 7)

with ethnic consideration, favouritism and cronyism in the posting of corps members, exposure of these youths to security risks as was seen during the 2011 General Elections where many corps members of Southern descent were butchered by some angry northern youths, corruption and misappropriation of funds. Even in the just concluded 2023 general elections, we saw how some innocent Corpers were maimed by mobs and ballot box hijackers. This is not healthy for our existence at all. Ojo submitted on the NYSC problem as follows: “another dimension to the problem facing the thriving of the NYSC in Nigeria is the problematic nature of citizenship, indigeneship and settler status in Nigeria. In this sense, many Nigerian youths have experienced more of frustration rather than integration because after serving in a particular state other than theirs, they do not expect to get jobs where they have thanklessly undergone the NYSC programme because in many cases, they would be tagged as non-indigenes and will be forced to go back to their states of origin to avoid being discriminated against. Even when they are employed, it is on a contract basis”. However, this is one scheme that attacks disintegration yearly and frenziedly.

Introduction reviously, we focused our discourse on the views of notable scholars after which we went ahead deal with the odyssey of good governance and National Integration in Nigeria, its challenges (our ethnic/regional religious diversity), political instances, economic disparities, Resources Control/allocation, lack of trust and poor state-non political institutions. In today’s treaty, we shall x-ray the interactive mechanisms for achieving same vide amalgamation, federalism, indigenisation/Nigerianisation, Creation of States, the Land use Act, etc. We shall then review non-performing Government functionaries in the forgoing. Read on. . Integrative Mechanism in Nigeria African and other countries in the world, have since recognised the importance of putting in place strategic programmes and avenues to promote integration and ensure nation-building. Bandyopadhyay & Green, identify some strategies as: Changing State names like Gilbert Islands to Kiribati, Ceylon and Burma to Sri Lanka and Myanmar respectively, Dahomey to Benin, Democratic Republic of Congo to Zaire, Gold Coast to Ghana and so on; changing capital cities’ names and locations; changing national currencies; conscription and national service; Religious and Linguistic Homogenisation; Republican and centralisation policies; establishing National parties; Land nationalisation among others. Nigeria, being a group of unwilling people foisted on each other with only geographical consciousness, have also tried to develop some programmes fostering Good Governance and National Integration - even before independence. Amalgamation After Nigeria became a protectorate to the British government, the diversity in ethnic and religious colouration was still glaring. There was need to bring to the people together in oneness and solidarity, therefore, Sir Lord Lugard amalgamated the Northern and Southern protectorate to birth one Nation. Irrespective of the fact that, many hold the view that the amalgamation did not take cognisance of the existing disparities, same birthed a new entity with the purpose of living together. Nigerianisation/Indigenisation The policy of Nigerianisation and Indigenisation grew from the natural instinct of the people, as a leverage to take part and indeed, acquire full ownership and management of the administration of the entity. Nigerianisation/ Indigenisation is the process making someone, or something more Nigerian. It is simply the process of domineering. The policy grew exponentially during the 1960's and 70's as radical replacement of the British was realised by Nigerians in many sectors especially - the Public Service. Federalism National Integration and Good Governance have also been engendered by the introduction of a new system of government - federalism vide the Littleton Constitution of 1954. It was the opinion of the colonialists that federalism was the best option to blur the diversity of the people. Osaghae noted: whenever events seemed to demand that a compromise be effected between the necessity for unity and co-operation on a wide territorial basis on one hand, and the need to accommodate the legitimate claims of sub-national groups for self-rule on the

other, “the temptation is to proffer a catch-all management formula such as federalism.” While federalism has been applauded as a silver bullet to the ethnicity problem in Nigeria, the skewness and perversion of this typology of governance has frustrated the benefits it could have provided the nation. Creation of States One of the major strategies put in place to ensure National Integration and Good Governance, was the creation of states immediately before the Nigerian Civil War. The three regions were almost self sufficient, expressing powers and authority peculiar to their existence. The national spirit was dead, and the regions wheeled more imprimatur than the central government which was becoming weaker. General Yakubu Gowon believed the creation of States, would decentralise the powers and influence of the regions. Consequently, 12 States were created in 1967. It was observed that, some majority became minority, and some minority became majority. Between 1960 and 1996, creation of States continued within the Federal System: three regions (1960); four regions (1963); 12 States (1967); 19 States (1976); 21 States (1987); 30 States (1991) and 36 States in 1996. Bulama rejoiced thus: “the old regional hegemony by the three major tribes in their respective regions, is now a thing of the past. Today, some States comprise of so many mixtures of ethnicity. For instance, a single State may

“Nigeria, being a group of unwilling people foisted on each other with only geographical consciousness, have also tried to develop some programmes fostering Good Governance and National Integration - even before independence”

have over 50 ethnic groups, like Cross River State. But, how far has been the success of National Integration, since the creation of all this States?. The Land Use Decree (Act) The Land Use Decree was another major instrument of National Integration. The Decree vested the ownership of all lands in a State on the Governor to hold same in trust, for the use and common benefit of Nigerians. The target goal was to enable the Governor allocate land to any Nigerian citizen, irrespective of the State of origin. However, it has been observed that people are still being discriminated on during allocation. The National Youth Service Corp (NYSC) The National Youth Service Corp was another major policy programme introduced by the Government to foster unity (Decree No. 24 May 22). The service is designated for young Nigerian graduates for a period of one year. During the service, graduates are made to serve in States other than their States of origin in order to learn, adapt and imbibe the peculiarities of the other people. This is beneficial to the leaders of tomorrow, who should then know how to tackle wide range issues and societal problems due to their early experience. That programme - in its over 50 odd years of existence - has been an enduring legacy of the Military’s attempt to ensure that the suspicious and provincial mind-set which sowed the seeds of the Civil War (between 1967 and 1970) no longer permeate the psyche of the average Nigerian, and instead, and replaced by a pan-Nigerian patriotic outlook. As Obadare observed, “the immediate challenge of the post-war period was how to engage in deliberate social engineering, designing programmes and pursuing policies meant to promote national unity, de-emphasise points of discord among constituent groups and foster greater inter-ethnic understanding and harmony. However, the scheme has been fraught

The Constitution The 1999 Constitution of the Federal Republic of Nigeria is built on the concept of federalism. It declares that “Nigeria shall be a Federation consisting of States and a Federal Capital Territory (Section 2(2)). Those States are 36 altogether (Section 3(1)) and in turn, they consist of 774 local government areas (Section 3(6)). Political power is divided under the Constitution between the executive, the judiciary and the legislature (Sections 4, 5, and 6 of the Constitution). Each arm is designed to check the excesses of the other, with the executive implementing the laws made by the legislature while the judiciary interprets the laws. In addition, the legislature exercises oversight functions over the executive (Sections 88, 89,128 and 129). To ensure good governance by preventing abuse of power, the Constitution subjects the power of appointment and removal of certain persons (Judges, Auditors-General, members, and Chairmen of INEC, the National Population Commission, Code of Conduct Bureau, National Judicial Council and the National Police Council, amongst other to confirmation by the Senate and the National Council of State: Sections 86, 87, 154, 157, 231, 238(1), 250(1), 256(1), 261(1), and 266(1). These are in relation to the President. Similar provisions are contained in the Constitution in respect of State Governors vis-à-vis their powers of appointment and removal namely, Sections 126(1), 127, 271(1), 276(1), 281(1): such appointments and removals are subject to confirmation by State Houses of Assembly. Non-Performing Government Functionaries The Constitution also provides for the removal of all non-performing members of all the three arms of government in specified circumstances following clearly laid down procedures: Section 143 (the President/Vice President); Section 188 (Governors /their Deputies); Section 292(1)( Judicial officers of both Federal and State courts): The same applies to members of the Legislative houses: Sections 68(1) and Section 69 (National Assembly) and Sections 109 and 110 (State Houses of Assembly. It is self-evident that these will facilitate good governance as they are obviously aimed at ensuring justice, fair play, purposeful representation, and achieving optimum service delivery with specific focus on the Judiciary. It’s role as the arbiter of disputes between all manner of persons (big and small), cannot be overemphasised. It is often said to be the last hope of the common man. It may be argued, however, that this includes the not-so-common man. Hence, the constitutional provisions which enable the Judiciary to play this role, cannot but be in the interest of good governance. (To be continued). THOUGHT FOR THE WEEK “The end of law is not to abolish or restrain, but to preserve and enlarge freedom. For in all the States of created beings capable of law, where there is no law, there is no freedom”. (John Locke)

28.11.2023 XI

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THI S DAY • Tuesday, November 28, 2023

BUSINESSWORLD R A T E S MONEY MARKET

A S

A T

REPO

Group Business Editor Eromosele Abiodun Email oriarehu.eromosele@thisdaylive.com

08056356325

N o V e m b er

S & P INDEX

2 7 , 2 0 2 3

S & P INDEX

EXCHANGE RATE

OPR

11.25%

CALL

19.12%

INDEX LEVEL

611.31%

1/4 to daTE

-0.07%

N795.28/ 1 US DOLLAR*

OVERNIGHT

11.50%

1-MONTH

16.25%

1-DAY

0.03%

YEAR TO DATE

0.48%

*AS AT Monday, July 24, 2023

3-MONTH

15.75%

MONTH-TO-DATE

-0.7%

Transport Fares Soar 75% as Petrol, Diesel Prices Rise 222%, 25% in One Year

Emmanuel Addeh in Abuja The impact of skyrocketing prices of petrol and diesel in the last one year has taken its toll on transportation, with fares rising by as much as 75 per cent in recent times, new data from the National Bureau of Statistics (NBS) has revealed. While the government has allowed the liberalisation of the diesel market for years, on May 29, President Bola Tinubu withdrew the federal government’s subsidy on petrol, with its attendant impact on prices. For years, Nigeria has not been able to refine its fuels locally due to

dilapidated refineries and therefore depends on imports which gulp most of its foreign exchange earnings. However the Nigerian National Petroleum Company Limited (NNPC) has said that by the end of 2024, Nigeria will stop importation, with the ongoing rehabilitation of the four refineries and expected coming on stream of the Dangote refinery. The NBS’ “Transport Fare Watch for October 2023”, covers bus journeys within the city per drop; bus journeys intercity; air fare charge for specified routes; journey by motorcycle (Okada) per drop;

and waterway passenger transport. Therefore, the average retail price paid by consumers for Premium Motor Spirit (PMS) or petrol for the month of October 2023, according to the NBS, was N630.63, indicating a 222.92 per cent increase when compared to the value recorded in October 2022, which was N195.29. Likewise, comparing the average price value with the previous month of September 2023, the average retail price increased by 0.71 per cent from N626.21. On state profile analysis, Zamfara state had the highest average retail price for petrol, at N659.38, Gombe and Borno States were next, with

N658.33 and N657.27, respectively. On the other hand, Lagos, Oyo and Delta states had the lowest average retail prices for petrol at N590.95, N592.19 and N599.38 respectively, while on a zonal profile, the North-east zone had the highest average retail price of N644.16, as the South-west zone had the lowest price of N616.81. Also, the average retail price of Automotive Gas Oil or diesel paid by consumers increased by 25.45 per cent on a year-onyear basis from a lower cost of N801.09 per litre recorded in the corresponding month of October, 2022, to a higher cost of N1004.98

per litre in October 2023. But on a month-on-month basis, an increase of 12.82 per cent was recorded from N890.80 in the preceding month of September to an average of N1004.98 in October 2023. Looking at the variations in the state prices, the top three states with the highest average price of the product in October 2023 were all in the North-central zone of the country. They include Plateau state (N1150.00), Nasarawa state (N1138.00) and Benue state (N1091.67). Furthermore, the least three states with lowest prices were

Rivers (N824.44), Borno (N827.27) and Kebbi (N845.00). However, the zonal representation of average price of diesel showed that North-central zone recorded the highest price of N1090.69 while North-east zone had the lowest price of N947.32. The combined effect of the prices of diesel and petrol raised the average fare paid by commuters for bus journeys within the city per drop on a year-on-year basis, to rise by 75.45 per cent compared to October 2022. NOTE: The story continues online on www.thisdaylive.com

ELAN: Leasing Industry Recorded N3.18tn Transactions in 2022, Grew by 23% Dike Onwuamaeze The Chairman of the Equipment Leasing Association of Nigeria (ELAN), Mrs. Elizabeth Ngozi Ehigiamusoe, has stated that the Nigerian leasing industry grew by 23 per cent in 2022 and recorded N3.18 trillion transactions in 2022 against N2.58 trillion in 2021. Ehigiamusoe also made a case for the inclusion of the leasing industry in federal government’s intervention funds programmes and the need for the industry to gain access to pension fund to

ameliorate the effects of short term funding, which has been hindering leasing services in the country. She expressed these views during the recently concluded 21st National Lease Conference of ELAN with the theme, “Propelling Economic Recovery and Growth: The Leasing Initiative,” held in Lagos. In his goodwill message to the conference, the Chairman/ CEO of Equipment Leasing Registration Authority (ELRA), Mr. Saidu Njidda, said that “there

is no gainsaying in the fact that leasing, if properly harnessed, will propel economic growth and help chart a cause that will benefit and reshape the economy.” Njidda added: “I am particularly elated by the fact that this conference brings together all the stakeholders to see to the growth of the nation’s economy through leasing which is apt and in tandem with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration. There is no gainsaying in the fact that leasing, if properly harnessed,

Food

will propel economic growth and help chart a cause that will benefit and reshape the economy.” In her welcome address, Ehigiamuose explained that the theme was informed by the need to highlight the beauty of leasing as a creative financing alternative to enhance productive capacity, create wealth and sustain economic development. She said: “Today, the impact of leasing is pronounced in all sectors of the economy, enhancing capital formation, generating employment and creating wealth. Outstanding

Commodities

name of commodity

Size

State

Price

name of commodity

Rice

100kg

Abuja

N35,000 – N45,000

Sorghum

50kg

oyo

50kg

Plateau (Jos)

Price

leases in Nigeria in 2022 amounted to N3.18.trn as against N2.58trn in 2021 representing 23.2 per cent growth. “In the last decade, leasing contribution to capital formation in the economy is in excess of N16.3 trillion. Leasing is becoming more relevant in our prevailing economic situation, especially to Micro Small and Medium Scale Enterprises (MSMEs) given the high cost of assets.” The chairman of ELAN said that the annual national lease conference remained the biggest

gathering of stakeholders in the Nigerian leasing industry, which is providing a major platform for engagement on pertinent issues affecting the development of the leasing industry and economy, exploring opportunities and promoting business networking. Ehigiamusoe also used the conference to highlight the need to address the perennial issue of funding in the leasing industry. NOTE: The story continues online on www.thisdaylive.com

T o d ay

State

Price

name of commodity

Size

State

Price

100kg JIGAWA

N30,000

B EAN S

N35,000 – N45,000

Benue

N32,000

Maidu guri

N22,000 – N30,000

100kg

50kg bag

N32,500 – N42,000

100kg

Kaduna

N32,000

100kg Lagos

N36,000

50kg

kwara N24,000–N27,000

50kg

Enugu

N24,000

100kg

Kano

N35,000

50kg

Lagos

N35,000 – N45,000

50kg

Lagos

N26,000

50kg

rivers N36,500 – N46,500

Delta

N36,000

Delta

N35,000

100kg

50kg

sokoto

N60,000 – N70,000

100kg

Abia

N36,000

100kg

Abia

N35,700

Size

Tuesday, November 28, 2023 • T H I S D AY

BUSINESSWORLD

News Food

name of commodity

Palm oiL

C o m m o diti e s

Size

State

Price

name of commodity

Size

Location

Price

100KG Kano

N20,500

ONIONS

100kg

Ibadan

N60,000

MAIZE

100kg

Oyo

N10,000

N24,000 – N35,000

100KG Benue

N27,000

100kg KANO

N30,000

100kg Enugu

N16,500

25cl Ibadan N22,000 — N35,000

100KG Lagos

N32,000

100kg BENUE

N65,000

100kg delta

N14,000

100kg Plateau

N45,000

100kg

Abia

N11,000

Price

25cl Lagos N20,000-N35000 25cl

State

Groundnut

T o day

Price

State

Size

P r ic e

name of commodity

Size

name of commodity

25cl

IMO

N24,000 – N36,500

100KG Delta

N34,000

100kg DELTA

N50,000

50kg

Lagos

N9,000

25cl

Edo

N20,000 – N35,000

100KG

Abia

N27,000

100kg LAGOS

N60,000

100kg Kano

N9,400

100KG Enugu

N23 000

100kg ENUGU

N45,000

50kg

N6,000

25cl Abuja N25,500 – N35,000

Benue

Bello-Koko: NPA Port Community System Will Help Nigeria Harvest Blue Economy’s Benefits The Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko has said the planned port community system (PCS) by the authority is also geared towards supporting the nation’s economy to harvest more benefits from the blue economy. Bello-Koko who said this in London where he is attending the 33rd session of the International Maritime Organisation (IMO) General Assembly, described the initiative as a game changer that will integrate all stakeholders within the maritime sector, promote national economy and support security of vessels, crew members and cargoes within the Nigerian maritime domain.

The NPA MD who is on the entourage of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON and Permanent Secretary of the Ministry, Dr. Magdalene Ajani, added that the PCS will foster transparency, support ease of doing business and trade facilitation. He praised the minister for his drive and passion to see Nigeria take advantage of the blue economy as a way of diversifying the economy. He also expressed optimism that Nigeria will achieve the port automation and necessary integration ahead of the IMO 2025 deadline set for member countries He explained some steps taken

by the authority to set the PCS in motion ahead of the 2025 IMO deadline to include development of automation-based processes. “In time past, before the introduction of e-sen, (Electronic Ship Entry Notice), it takes about two weeks from the time of application to the time of approval and issuance of the ship entry notice certification. However, since the introduction of electronic processing of ship entry notice, it takes about one hour for a function that used to take up to one or two weeks, depending on the idiosyncrasies of the man on the table and all the table the documents need to pass through, “he said. He said the system will save cost

of doing business and make, “our ports trade friendly by carrying out a function of two weeks in one hour and enhance faster ship turnaround time.” He added that NPA collaborative efforts with the IMO to achieve a world class port community system is at an advance stage and would soon migrate into implementation in line with global standard. Bello-Koko added that while in London, the Minister will lead Nigeria’s delegation into series of bilateral meetings with Ministers of Marine affairs of Greeece, Mexico and Qatar today to set the stage for improved Nigeria’s participation in global maritime trade.

Cost of Marginal Fields’ Development Surges, Operators Seek Enabling Fiscal Policies Peter Uzoho Many marginal fields in Nigeria have remained dormant years after award to companies due to the headwinds arising from high cost of development, THISDAY has learnt. It was gathered that each field now takes as much as $100 million and above to develop it up to production stage. The high cost, which comes in different layers, include outrageous signature bonuses, which were about N1billion per field as in the 2020 marginal field bid round, the cost of logistics and payment for asset re-evaluation studies. However, the elephant in the cost component is the drilling which hovers between $30 million to $50 million per well, as rigs expectedly cost fortunes to acquire, according to multiple industry sources. The heavy headwinds explain why many of the marginal fields

have continued to lie fallow even after they were auctioned during bid rounds. It was learnt that a typical example was the last 2020 marginal field bid exercise where about 57 fields were sold without many of them making much progress towards developing them and bringing them to production. But industry players have blamed the government and its agencies as part of major reasons for the soaring cost of field development, citing the outrageous signature bonuses and other legal and illegal fees levied the awardees. Also, they blame the government’s wrong notion of marginal field bid round as a money-making venture as well as the award of fields to

Reporters Peter Uzoho (Energy) Ugo Aliogo (Development)

It entails a few development programmes, which run into a few hundred million dollars. The cheapest wells could cost as much as $20 million to $30 million to drill. Even with one well, the other element of the development could easily take total cost close to or above $100 million”, Ibekwe said. According to one of the marginal field awardees, who pleaded anonymity, developing their own asset has not been easy due to the heavy financial implications and the lack of support from the government. He said so far, they have spent almost N6 billion apart from the N1 billion paid as signature bonus, adding that they were still preparing to make fresh expenditure valued at about $20 million.

NIMASA DG Will have bilateral meetings with Ministers of Marine affairs of Greeece, Mexico and Qatar today.

Petroleum Tanker Drivers Sue for Peace, Say Strike Not Necessary Emmanuel Addeh in Abuja The factional leadership of the Petroleum Tanker Drivers (PTD) branch of the Nigerian Union of Petroleum and Natural Has Workers (NUPENG) has appealed to its members to jettison the earlier reported planned industrial action. Speaking at a press conference in Abuja, the leader of the group, Lucky Osesua, urged the various units in and all other stakeholders to embrace peace while the leadership crisis in the union was being sorted out. Having just been released on bail by the courts, Osesua promised not to run contrary to the bail agreement with the court and urged members of the group to go about their duties of hauling petroleum products across the country. “On behalf of myself and my executive team, most of those who are here present assure you that we are free and have been granted bail by the respectable court of records, and we shall continue to keep to the terms of the bail and shall prove our innocence in no distant time.

“We humbly appeal to members to be calm and loyal, law-abiding, and go about their daily business without fear of police harassment, intimidation from other security agencies, as I and my executives are working tirelessly to resolve the leadership crisis and shall always, as usual, carry you on board our discussions and resolutions,” Osesua said. There has recently been an altercation within the ranks of the PTD following the national elections which were separately held in Abuja and Ibadan. While the Ibadan election threw up Augustine Egbon, the one that took place in Abuja picked Osesua. But Osesua appealed to members to sheathe their sword and not embark on a strike, stressing that along with others, “we are working and shall resolve the leadership tussle soon”. “This is a time for the PTD to stand on its own and focus on the primary objective of the association, which is the delivery of petroleum products to all the states and locations within the federation.

FG: Nigeria ‘ll Continue to Support W’African IEA: Oil Industry Must Cut Emissions by 60% by Gas Pipeline Project 2030 to Meet 1.5°C Global Warming Scenario Emmanuel Addeh in Abuja

Group Business Editor Eromosele Abiodun Deputy Business Editor Chinedu Eze Comms/e-Business Editor Emma Okonji Asst. Editor, Money Market Nume Ekeghe Senior Correspondent Raheem Akingbolu (Advertising) Correspondents Emmanuel Addeh (Energy) KayodeTokede(CapitalMarkets) James Emejo (Finance) Ebere Nwoji (Insurance)

inexperienced persons with no technical and funding capacity to develop the assets, as part of the reasons why the fields have remained undeveloped. “So, the average that any serious marginal field asset would require to develop it to production will be anything between 50 to $100 million”, Founder/Group Chief Executive Officer of Levene Energy Holdings Limited, Mr. Nzan Ogbe, told THISDAY. The Subsurface Manager, Energy and Mineral Resources Limited, Mr. Collins Ibekwe, told THISDAY that the total cost of developing a marginal field to production has ballooned to close to or above $100 million, with only drilling cost estimated to be between $20 million to $30 million. “It’s a function of many factors.

Meanwhile, sources at the meeting volunteered that Oyetola who is leading the Nigerian delegation long with NPA MD,

To hold the proposed global warming scenario to 1.5 °C, oil and gas companies will have to cut emissions by at least 60 per cent by 2030, a new report by the International Energy Agency (IEA) has stated. Released ahead of the COP28 climate summit in Dubai, the special report sets out what the global oil and gas sector would need to do to align its operations with the goals of the Paris Agreement. The IEA stated that stronger action to tackle climate change would mean clear declines in demand for both fuels, projecting that if governments will deliver in full on their national energy and climate pledges, demand would fall 45 per cent below today’s level by 2050. Yet the oil and gas sector – which provides more than half of global energy supply and employs nearly 12 million workers worldwide – it said, has been a marginal force in transitioning to a clean energy system.

According to the report, oil and gas companies currently account for just 1 per cent of clean energy investment globally – and 60 per cent of that comes from just four companies. While the global oil and gas industry encompasses a large and diverse range of players – from small, specialised operators to huge national oil companies, the Fatih Birol-led organisation said that attention often focuses on the role of the private sector majors, who own less than 13 per cent of global oil and gas production and reserves. The production, transport and processing of oil and gas results in nearly 15 per cent of global energyrelated greenhouse emissions – the report added. As things stand, companies with targets to reduce their own emissions account for less than half of global oil and gas output. “To align with a 1.5 °C scenario, the industry’s own emissions need to decline by 60 per cent by 2030. The emissions intensity of oil and gas producers with the

highest emissions is currently five to 10 times above those with the lowest, showing the vast potential for improvements. “Furthermore, strategies to reduce emissions from methane – which accounts for half of the total emissions from oil and gas operations – are well-known and can typically be pursued at low cost. “While oil and gas production is vastly lower in transitions to net zero emissions, it will not disappear – even in a 1.5 °C scenario,” the IEA added. The $800 billion currently invested in the oil and gas sector each year is double what is required in 2030 on a pathway that limits warming to 1.5 °C, the IEA stressed, noting that in that scenario, declines in demand are sufficiently steep that no new long-lead-time conventional oil and gas projects are needed. Some existing oil and gas production would even need to be shut in, the global agency explained.

Emmanuel Addeh in Abuja Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has restated the commitment of the President Bola Tinubu-led federal government in supporting the West African Gas Pipeline (WAGP) project to realise its full potential and objectives. Ekpo stated this in his speech at the WAGP Authority Committee of Ministers (COM) meeting in Cotonou, Benin Republic assuring other member countries, including Benin, Togo and Ghana of uninterrupted gas supply from Nigeria to meet their domestic needs. He said the Nigerian government targets strengthening the brotherhood of the West African sub-region and ensuring energy stability through the West African gas pipeline system. He said at present, Nigeria is pursuing gas as a destination fuel, and therefore working through various initiatives to monetise its abundant natural gas resources. Ekpo listed some of the initiatives to include the “Decade of Gas” that would develop and monetise over 5 billion cubic feet per day (bcf/d)

of gas for the domestic and export market. This, he said, also include auto gas initiative such as the Presidential Compressed Natural Gas (CNG) programme, and the Nigerian Gas Expansion Programme (NGEP) geared at encouraging the switch from liquid fuel to gas for automobiles and many more. “The above initiatives will ensure continuous supply of reliable gas to WAGP through the N-Gas Limited that has been the vehicle for commercialising the Eastern gas,” he said. Ekpo also pledged his support for N-Gas Ltd and other value chain participants, especially Nigerian Gas Infrastructure Company (NGIC) to resolve the Escravos Lagos Pipeline System (ELPS) pressure issues. The gas minister said the NGIC was carrying out various projects that would address the ELPS pressure challenge, including connecting the gas reach from the eastern region with the western and northern demand regions and installation of midline compressors that would provide total solution to the pressure challenges.

T H I S D AY • Tuesday, November 28, 2023

BUSINESSWORLD

Personality

Honour for Jane Kimemia, Optivia Capital’s CEO She was recently conferred with an Honorary Doctorate Degree for her contributions to humanity and for her commitment to the Sustainable Development Goals (SDGs) of the United Nations. An authentic business leader and entrepreneur who has devoted a lot of time and energy into getting where she is today, Jane Kimemia, is leading the remarkable transformative growth of Optiva Capital Partners, a leading investment immigration wealth management company, writes Gilbert Ekwugbe

n his best-selling book, “Good to Great,” Jim Collins stated that every good-to-great company is led by what he described as Level 5 leaders who not only embody a paradoxical mix of personal humility and professional will, but also are ambitious for the company, not themselves. Enter Jane Kimemia, the affable Managing Director and Chief Executive Officer of Optiva Capital Partners, the leading investment immigration wealth management company. This amazon who is re-writing the investment immigration landscape in the country has extensive experience in general management, with a track record of setting up and building sustainable businesses. Her specialization is in wealth management and working with high-net worth clients. An inspirational leader who understands alignment of work with values across the entire system; encouraging staff to set ambitious goals and accomplish them consistently, Kimemia promotes a clear sense of purpose that propels Optiva Capital Partners team members to find more value in their work. Her cleverness is not in doubt because she is focused and determined through her thoughtful comments, her observational skills, her wittiness, and her perceptive capabilities such that she hardly can miss a single detail. As the Chief Executive Officer of Optiva Capital Partners, Jane Kimemia, a product of the Executive Education Programme of INSEAD Business School, France, has overseen the sustained and impressive growth trajectory of this leading investment immigration firm. It is therefore not surprising that in recognition of her immense contributions to humanity, and affirmation of her enduring value that true wealth lies in the heart, Ms. Jane Kimemia was recently conferred with an Honorary Doctorate Degree (Honoris Causa) of Men and Women of Influence Global Award by Highstone Global University Texas USA. In the citation, the University commended Kimemia for her commitment to the Sustainable Development Goals (SDGs) of the United Nations which is a universal call to action to end poverty, ensure good health and well-being, protect the planet, and ensure that all people enjoy peace and prosperity. Prior to her current CEO role, Ms. Kimemia had a successful career in the banking sector of the financial service industry, having worked with two international banks, Standard Chartered Bank (SCB) and Barclays Bank for a combined period of 20 years. She was the Executive Director and Head of Wealth Management at SCB, with responsibility for investments services, banc assurance and foreign exchange for an entire region. She was also Managing Director of Standard Chartered Investments Services (SCIS), one of the bank’s subsidiaries and was Managing Director at the Standard Chartered Insurance Agencies Limited (SCIAL). Jane Kimemia also served as the General Manager of Priority and International banking at Standard Chartered Bank, where she spearheaded the settingup, establishment and management of the Priority Banking proposition for high-net-worth clients across regions. Prior to joining Standard Chartered Bank, she had worked for Barclays Bank holding senior positions including Head of Premier Banking; and Head of Scheme Loans. Optiva Capital Partners, the nation’s leading investment immigration wealth management company has steadily, over the past thirteen years built a growing reputation amongst investment savvy Nigerians who seek quality service in investment immigration, investment advisory, and wealth management. In all of these bespoke services the company’s unwavering commitment is to provide clients with the opportunity to protect, grow, enhance and optimize their wealth, and ensure they get the benefits of secured Capital through Multi-asset funds, Global equities, Corporate funds; and also achieve Optimal Diversified Portfolio In fact Optiva Capital Partners is reputed to be one of the fastest-growing brands in the wealth management sector, easily recognized as the largest in investment immigration. Beloved for its customer-centric focus, deep commitment to structured process, and its extensive network through its reputable global partnerships, this fast-growing brand has come a long way since it began operations in 2010. Through firm determination and clear definition of the company’s raison d’etre, Optiva Capital Partners, according to its visionary Managing Director and Chief Executive Officer, Ms. Jane Kimemia, has grown it staff strength from just about 15 in 2017 to over 1000 currently, with over 17 branches across

“With Jane Kimemia in the driver’s seat, Optiva Capital Partners growth trajectory is propelled by its resolute commitment to the established principles that drive sustainability and superior returns on investment”

Kimemia the country, and projected to reach 20 branches in the next few months. Optiva Capital Partners longstanding purpose encapsulated in its core values of service, professionalism, collaboration, and excellence; premium product innovations; and reputable global partnerships, have all added up to a winning formula. As the leading investment immigration service provider, the company assists its clientele to save long-term through investment immigration with a commitment to help Nigerians to save on what they would have been spending on through its bespoke investment immigration services. According to Ms. Kimemia, through the Citizenship By Immigration (CBI) programme, clients receive tremendous value and savings on the scarce foreign exchange that comes back in developing Nigeria. “We are looking at value, costs, and value across generations as well. So

you get second citizenship it doesn’t stop you from continuing your business, but it gives you global access. So it is not a spend but an investment and it is savings.” Shedding more light on the savings and value inherent in the investment immigration services, Kimemia stated that with “children’s education for example, investment immigration becomes a vehicle for our clients to protect, to grow, to enhance, to diversify their wealth. For somebody looking for permanent residency or to invest in a programme in Canada, their children’s education say in University of Toronto, international students for a Bachelors programme will be paying about $60,000 annually, but as permanent residents they will be paying just $6,000 per annum.” Recognizing that employees at every level of its business are crucial to its success, Optiva Capital Partners CEO stated that “we are a lifelong training institution. By default, we

“Against the background of the nation’s challenging economic reality which has in turn affected businesses, stifling the ease of doing business including the economic impact on tourism, this enigmatic CEO of Optiva Capital Partners, advocated the adoption of a holistic value proposition for tourism development that addresses funding, and how to create the enabling environment to be able to actually execute. At a Policy Dialogue on “the Economic Impact of Tourism in Lagos”where she was a key discussant, Ms. Kimemia tasked participants to identify how to tackle the challenges, and how to start identifying tourism as one key economic driver.”

attract a lot of women to do front-line roles, in terms of speaking to the clients and the fact that we are a growth institution for when people come in, they know they are going to grow in profile and knowledge, and by understanding, because the space we are in is to talk about high-level clients and we are intentional with the level of training we give our staff, just for them to be able to engage.” But there is more to the transformative leadership capabilities of Jane Kimemia. She recognizes that true wealth lies not in the pocket, but in the heart, and that a company can ‘do well by doing good’, that business can perform better financially by attending not only to its core business operations, but also to its responsibilities toward creating a better society. Consequently, Optiva Capital Partners takes her corporate social responsibility engagement seriously through its passionate commitment to maternal health care. Optiva Capital is partnering Lagos State Ministry of Health to embark on a Maternal Health Care project that will help find lasting solutions thereby contributing to reducing maternal death rate in the state and the nation at large A woman of many parts, whether it is about sharing her remarkable experience with other women, as she recently did at the just concluded Annual Conference of Women in Management, Business and Public Service (WIMBIZ), or giving deep insights to a holistic value-proposition for developing the nation’s tourism, this successful professional and entrepreneur who has devoted a lot of time and energy into getting where she is today, continues to expand her possibilities thinking, and thereby break new grounds. For instance, she passionately urges women who aspire to make enduring marks in their career progression to learn to move from “success to significance.” Against the background of the nation’s challenging economic reality which has in turn affected businesses, stifling the ease of doing business including the economic impact on tourism, this enigmatic CEO of Optiva Capital Partners, advocated the adoption of a holistic value proposition for tourism development that addresses funding, and how to create the enabling environment to be able to actually execute. At a Policy Dialogue on “the Economic Impact of Tourism in Lagos” where she was a key discussant, Ms. Kimemia tasked participants to identify how to tackle the challenges, and how to start identifying tourism as one key economic driver. Characteristically, as a good story-teller who delivers compelling messages at every of her outing, she draws from her personal experience of transiting from over two decades of successful career in financial services to enterprise. She cautions fellow women in business or public service that every woman at any transition stage should define what they wish to do during transition, and be guided by what they are known for or passionate about. With Jane Kimemia in the driver’s seat, Optiva Capital Partners growth trajectory is propelled by its resolute commitment to the established principles that drive sustainability and superior returns on investment, such as its customer-centric focus which ensures it understands its current and prospective clients, in order to better meet their requirements and expectations, which is visible in its improved customer loyalty.

Tuesday, November 28, 2023 • T H I S D AY

BUSINESSWORLD

news

L-R: Williams Bwala of the International Maritime Organisation (IMO); Hourable Minister of Transportation, Adegboyega Oyetola; Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko; APR-IMO, Mumuni Drissu and Technical Adviser, IMO, Hassan Abubakar, Esq, at the ongoing IMO general assembly in London yesterday

NNPC: Over $1m Saved by Deployment of IT in In-house Operations Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC) has said it saved over $1 million by deploying “Digital

Transformation” initiatives in recent times. The Chief Corporate Communications Officer, NNPC, Olufemi Soneye, made the disclosure in statement

announcing that the Group Chief Executive Officer, Mele Kyari, won the 2023 “Nigeria GovTech Awards” for exceptional service delivery in the public sector. While the national oil

company won the best federal MDA in Digital Initiatives in Reengineering Government Processes Award, the GCEO took home the “Distinguished GovTech Trailblazer” Award, the

Clean Energy Firms Announce Strategic Partnership Peter Uzoho Oolu, an off-grid solar company in West Africa committed to providing sustainable energy solutions, and Instollar Technologies, a pioneering green energy workforce platform, have announced the formalisation of their collaboration through the signing of a Service Level Agreement (SLA). The signing ceremony held in

Lagos marked the commencement of a strategic partnership built upon shared principles of sustainability, innovation, and a joint commitment to driving positive change. The collaboration signified a significant milestone for both Oolu and Instollar Technologies, positioning them to collectively advance the deployment of offgrid solar solutions throughout the region.

“Our collaboration with Oolu Solar represents a significant milestone for us as a company. We are excited to contribute our expertise in building a skilled workforce to support Oolu’s mission. “This partnership is a testament to the power of collaboration in driving the adoption of renewable energy solutions and creating a sustainable future for all”, CoFounder/Chief Executive Officer

of Instollar, Chinwe Udo-Davis, stated. Commenting on the deal, Head of Marketing, Partnerships and Communications at Oolu, Monica Uduku, said: “We are thrilled to embark on this strategic partnership with Instollar. This collaboration aligns seamlessly with our mission to provide sustainable energy solutions and further underscores our commitment to driving positive change in West Africa.

NEITI: We Never Disowned Our 2021 Oil, Gas Industry Reports Emmanuel Addeh in Abuja The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that reports credited to the National Coordinator of the Publish What You Pay (PWYP), Nigeria insinuating that it denied the contents of its recently released 2021 oil and gas industry report, were untrue. Describing the insinuation as shocking, unfounded, incorrect,

false and misleading, the initiative stated that for the avoidance of doubt, NEITI solidly stands by the crucial facts, information and data publicly disclosed in all its industry reports. “NEITI wishes to use this opportunity to emphasise that its reports are empirical, covered entities driven, with multi stakeholders’ participation and ownership,” it said. NEITI restated that it was

always available to enlighten and offer clarifications on issues contained in any of its reports when called upon to do so, saying it was what it did when the agency clarified its position on the process that characterised the 2020/2021 marginal oil fields bids. In a statement in Abuja, it stressed that under the NEITI independent processes, it is the agency’s industry report for the 2022-2023 that will

comprehensively review and report on how the exercise was conducted and possibly concluded by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). NEITI further stated that except and until the 2022/23 industry report is conducted and published, the agency is in no position to hold neither the NUPRC nor any other institution, individuals or group accountable.

statement said. Soneye added that the awards were in recognition of the GCEO’s proactive steps in activating the Business Continuity Plan (BCP) that is hinged on digital automation of the company’s processes. The single act of automation, emplaced to, among others, mitigate the effects of COVID-19, Soneye added, has brought about efficiency, high performance, and sustenance of the NNPC’s operations post-pandemic.

“Significantly, the GCEO, through the NNPC IT Division, automated Key Performance Indicator Dashboard across the entire IT Enterprise and Architecture, thereby improving reporting efficiency real-time performance tracking. “Kyari also activated Microsoft Enterprise Additional Licenses for NNPC Digital Transformation initiatives, leading to an estimated cost-saving of over $1 million to the company,” the statement added

Stakeholders Converge on Yenagoa for 2023 Local Content Summit Emmanuel Addeh in Abuja The Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers at the yearly Practical Nigerian Content (PNC) Forum 2023, this December, a statement from the company has said. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his Gas counterpart, Ekperikpo Ekpo would lead other bigwigs of the oil and gas industry heading to Yenagoa for the event. The ministers are expected to deliver ministerial addresses and to show the direction of the Federal Government’s thinking concerning Nigerian Content and

investment strategies. Executive Secretary of NCDMB, Simbi Wabote, is expected to give the opening address while the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, and Chief Executive, Nigerian Midstream and Downstream Petroleum Authority (NMDPA), Farouk Ahmed, alongside other key industry figures would feature prominently in the four-day event. Also, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari is also expected to grace the PNC as he has done in previous years.

Boosting Food Production The use of biotechnology in agriculture has resulted in benefits such as increased yields, reduced production costs, and improved nutritional content of food. Gilbert Ekugbe takes a look at the use of biotechnology to boost food production in Nigeria amid its inherent risks

here is no better time than now for Nigeria to boost food production in the midst of skyrocketing food prices, insecurity, farmers-herders conflicts, climate change and the likes. According to reports, Nigeria has spent over N7.8 trillion in the past six years on food imports, a figure that is more than the budget of some of its neighbouring countries. Reports have also shown that Nigeria has the ability to be an exporter of food against being a net importer food if it could successfully implement brilliant agricultural policies that have been formulated by successive administrations in the past. Nevertheless, all hope is not yet lost as governments across the globe are investing in agricultural biotechnology to meet their food needs. Biotechnology, which is widely used around the world to improve plant growth, yields, resistance to pests and diseases and enhance nutritional content, has been projected to hit a Compound Annual Growth Rate (CAGR) of 8.0 per cent by 2025. Evidently, Nigeria cannot afford to miss this trend to meet its food needs. Also, the country must outgrow its dependence on hoes and cutlasses to meet its demand for food. Nevertheless, as efficient as this model might seem, biotechnology also come with risks.

Agric biotechnology benefits

Just like other sectors of the economy, the application of technology is the surest way to achieve rapid development in any industry. Proven

in developed economies, the advancements in biotechnology have led to increased productivity, reduced environmental impact, and improved food quality in agriculture. With the help of biotechnology in agriculture, scientists have been

able to produce Genetically Modified Crops (GMCs). Fortunately, Nigeria is among the African countries leading in the adoption of genetically modified (GM) crops, alongside South Africa, Ethiopia, and Malawi. THISDAY had reported that in 2019 that Nigeria has approved two GM crops, pest-resistant BT cotton and cowpea, which are important to the country’s economic development and food value chain. Biotechnology has also been used in improving seed quality in other climes and as shown to be more effective and efficient in improving the crops that have been feeding the global population as well as used in developing herbicide-resistant during harvest period. Courtesy of agri-biotech, biofuels have also been developed with the aim of tackling greenhouse gas emissions and according to crop scientists; biofuel is harmless to the food supply chain. In September this year, stakeholders in the nation’s agriculture value chain threw their weight behind agricultural biotechnology and emphasised the urgent need for Nigeria to adopt agricultural biotechnology to achieve increased food production in the country. The story continues online on www.thisdaylive.com

T H I S D AY • TUESDAY, NOVEMBER 28, 2023

Bullish Start to the Week… ASI up 17bps

₦ ₦

T o p 10 T r a d e s b y V o l u m e

T o p 10 G a i n e r s T ic k er

P ric e

P ric e C hg %

Vo lum e

P ric e C hg %

T A N T A LIZ ER

0.55

10.0%

T ic k er UN IVIN SUR E

161.1

3.6%

J OH N H OLT

1.87

10.0%

A C C ESSC OR P

81.5

4.3%

67.7

-9.2%

FB NH

22.00

10.0%

UN IT YB N K

M ULT IVER SE

6.39

10.0%

VER IT A SKA P

45.9

5.4%

SUN UA SSUR

1.24

9.7%

T R A N SC OR P

44.5

4.5%

SOVR EN IN S

0.46

9.5%

F ID ELIT YB K

43.8

-1.1%

N SLT EC H

0.60

9.1%

UB A

30.3

1.4%

F ID SON

17.15

8.9%

GUIN EA IN S

21.7

-5.9%

R EGA LIN S

0.42

7.7%

J A P A ULGOLD

20.7

-4.2%

D EA P C A P

0.77

5.5%

D A A R C OM M

17.1

-2.6%

T o p 10 T r a d e s b y V a l u e

T o p 10 L o s e r s

T ic k er

P ric e

P ric e C hg %

T ic k er

Value

P ric e C hg %

ET R A N Z A C T

6.70

-9.5%

A C C ESSC OR P

1467.1

4.3%

UN IT YB N K

1.67

-9.2%

UB A

646.2

1.4%

OM A T EK

0.90

-9.1%

Z EN IT H B A N K

453.4

1.7%

R T B R ISC OE

0.61

-9.0%

F ID ELIT YB K

394.1

-1.1%

GUIN EA IN S

0.32

-5.9%

M TNN

328.8

0.0%

UP D C R EIT

4.20

-5.6%

T R A N SC OR P

294.1

4.5%

A IIC O

0.74

-5.1%

D A N GSUGA R

285.8

0.0%

J A P A ULGOLD

1.60

-4.2%

FB NH

252.5

10.0%

-3.5%

GT C O

234.3

-0.4%

-2.7%

N EST LE

129.8

0.0%

NP FM CRFB K WA P IC

1.93 0.72

TUESday, NOVEMBER 28, 2023T H I S D AY

business/MOnEYGUIDE

Court Adjourns $23m Loan Suit between Firm and DantataTill Dec 6

Wale Ignintade

A Lagos High Court sitting in Ikeja has adjourned further hearing till December 6, 2023 in a $47 million loan suit between an investment company, Nichole Integrated Investments Limited, and oil magnate, Sayyu Dantata and his three companies, MRS Holdings Company Limited, MRS Oil Nigeria PLC, and Bestaf Trading Company Limited. The trial judge, Justice Yetunde Pinheiro, on the adjourned date will hear two applications, one, a mareva injunction from the claimants seeking order of Mareva injunction restraining all the four defendants jointly and severally from paying out any money standing to the credit or for the benefit of the respondents from the under-listed accounts pending the determination of the suit. The court will also hear an order of mareva injunction restraining the defendants, particularly the 4th defendant from disposing, alienating, and or transferring the large expanse of land measuring

400,000 square meters situate at Lekki Free Trade Zone Phase 2, Ibeju-Lekki pending the hearing and determination of the suit Alternatively, the claimants seek the order of court directing the defendants jointly and severally to pay the sum of $23,359,626 being the amount claimed as the balance outstanding from the total loan sum of $44,516,000 facility given by the claimants to the defendants under contract on the 5th of August 2009, or the naira equivalent at the current bank rate. The banks listed on the mareva application are GTBank, Coronation Merchant Bank, Access Bank Plc, WEMA Bank Plc, First Bank, Zenith Bank Plc, Stanbic IBTC, and Sterling Bank. The other application is the one filed by the defendants seeking the court to stay proceedings pending the determination of an appeal they filed at the Court of Appeal, Lagos to determine whether the lower court has jurisdiction to hear the suit since according to them,

the claimant’s suit is statute barred. There application on this issue had earlier been over-ruled by the ADR judge, Justice Folami. When the matter came up for hearing on of November 17, the claimant’s lawyer, Dele Adesina SAN, informed the court that he was ready to move his application for mareva injunction and that the application is not opposed as the defendants/respondents have failed to file counter affidavit to the application. At this point, Norrison Quakers SAN informed the court that they filed a counter affidavit on November 1 and that the claimants counsel refused service of same. He drew the attention of the court to an affidavit of The founder, Oyetty Foundation for Special Parents, Yetunde Akande (2nd Left); founder Simone refusal of service filed before Oasis, Tonye Faloughi (2nd right) and other invited guests at the Parents and Partners hangout the court. At this point, Adesina organised by Oyetty Foundation held in Lagos...recently told the court that his office was never served with any counter affidavit insisting that his office has never refused service of any process. “My lord, I am speaking from the MONEY AND CREDIT STATISTICS (MILLION NAIRA) Bar. I’m telling this court that August, 2023 we were not served the counter affidavit”. Money Supply (M3) 65,445,154.2

MARKET INDICATORS

FG Commends Lafarge Africa’s Commitment to Sustainability In a groundbreaking event hosted by AFRITEX, the 4th Sustainable Smart Cities Forum and Awards converged leading experts and visionaries to deliberate on the transformative power of smart cities in Nigeria. Co-located with the EdTech Summit and Awards 2023, the forum explored the crucial role of the “Privacy by Design” principle in steering the future of smart urban environments.

With the theme: “Safeguarding the Future: The Crucial Role of Privacy by Design Principle in Shaping Smart Cities in Nigeria,” the forum highlighted the pressing need for proactive measures to ensure the privacy of citizens amidst the rapid technological advancements in smart city initiatives. National Commissioner/ CEO, Nigeria Data Protection Commission (NDPC),

Dr. Vincent Olatunji emphasized the integration of privacy considerations into the very foundation of smart city development, underscoring its significance as a proactive approach to privacy. The event also witnessed the presentation of awards, with the Digital Economic Cybersecurity Solutions Company Award bestowed upon Mr. Joseph Oluwaseun Benedict, JOB, Founder of Think Clientele Backbone.

AFRITEX Unveils Vision for Smart Cities In a groundbreaking event hosted by AFRITEX, the 4th Sustainable Smart Cities Forum and Awards converged leading experts and visionaries to deliberate on the transformative power of smart cities in Nigeria. Co-located with the EdTech Summit and Awards 2023, the forum explored the crucial role of the “Privacy by Design” principle in steering the future of smart urban environments.

the integration of privacy considerations into the very foundation of smart city development, underscoring its significance as a proactive approach to privacy. The event also witnessed the presentation of awards, with the Digital Economic Cybersecurity Solutions Company Award bestowed upon Mr. Joseph Oluwaseun Benedict, JOB, Founder of Think Clientele Backbone.

Access Bank Rewards Over 100 Customers in Jos Region

Seriki Adinoyi in Jos

Over 100 customers of Access Bank Plc have been rewarded with different amounts of money under the bank’s DiamondXtra regional draw held in Jos, Plateau State. A total grand sum of N2.2million was shared with customers in the Plateau region, some customers got as high as N1m, some as low as N5,000 and this was to appreciate them for being loyal and encourage them to continue to do business with the bank. DiamondXtra draw is an annual reward scheme, which was introduced 15 years ago and has so far rewarded over 26,000 customers with the sum of N6.38 billion. Commending the customers for their support to the bank

over the year, the Regional Director of the bank, Emeka Uzowuru noted that the DiamondXtra reward scheme has been a cornerstone of Access Bank’s commitment, to showing appreciation to its loyal customers and each year, the initiative has grown achieved incredible milestones that have impacted positively on customers. Represented by the bank’s Regional Manager, Adebayo Adeyeye, the Regional Director noted, “Our steadfast commitment to innovation and excellence has been the cornerstone of our triumph. To date, we have rewarded more than 26,000 customers with an astounding sum of over N6.38 billion, a testament to the true value

of this Scheme. Despite challenges and attempts by competitors to imitate our rewards scheme, DiamondXtra remains unrivalled in the industry and our dedication to offering the best reward scheme has only been strengthened each passing year.” The Team Lead, Customer Liability, Olarenwaju Adetula assured customers all over the country that the largess will also get to them as the team is going around the country to reward customers he started, “We are encouraging customers to keep saving with us and we are also showing goodwill and giving back to customers in appreciation; a lot of our customers have testified to our benevolence and how it has changed their lives...”

-- CBN Bills Held by Money Holding Sectors

552,553.58

Money Supply (M2)

64,892,600.61

-- Quasi Money

40,870,301.28

-- Narrow Money (M1)

24,022,299.33

---- Currency Outside Banks

2,295,309.10

---- Demand Deposits

21,726,990.23

Net Foreign Assets (NFA)

7,144,158.92

Net Domestic Assets(NDA)

58,300,995.27

-- Net Domestic Credit (NDC)

87,273,966.81

---- Credit to Government (Net)

32,511,333.17

---- Memo: Credit to Govt. (Net) less FMA

0.00

---- Memo: Fed. and Mirror Accounts (FMA)

0.00

---- Credit to Private Sector (CPS)

54,762,633.63

--Other Assets Net

13,347,376.27

Reserve Money (Base Money

19,429,603.25

--Currency in Circulation

2,660,138.92

--Banks Reserves --Special Intervention Reserves

16,769,464.34 428,519.21

• Source - CBN

Money Market Indicators (in Percentage) Month

August 2023

Inter-Bank Call Rate

3.89

Minimum Rediscount Rate (MRR) Monetary Policy Rate (MPR)

18.75

Treasury Bill Rate

5.13

Savings Deposit Rate

5.26

1 Month Deposit Rate

7.31

3 Months Deposit Rate

7.55

6 Months Deposit Rate

8.30

12 Months Deposit Rate

8.13

Prime Lending rate

13.99

Maximum Lending Rate

27.59

• Monetary Policy Rate - 13%

OPEC DAILY BASKET PRICE As At 29th September , 2023

The price of OPEC basket of thirteen crudes stood at $97.48 a barrel on Thursday, compared with $97.08 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

T H I S D AY •TUESday, NOVEMBER 28, 2023

mARKET NEWS

Stock Market Plummets by N132.4bn Amid Profit-taking in BUA Foods, Others KayodeTokede The stock market of the Nigerian Exchange Limited (NGX) commenced the last trading week in November on a negative note, as investors bargain hunting in BUA Foods Plc (- 1.92 per cent to N198.90 per share) and 19 others, depreciated market capitalisation by N132.4billion. Thus, the NGX All-Share Index rose by 123.33 basis

points or 0.17 per cent to close at 71,353.81 basis points. while, the overall market capitalisation value shed N132.4 billion to close at N39.040 trillion as Union Bank of Nigeria (UBN) delist its shares from the Exchange. Sectoral performance was mixed as the NGX Banking rose by 1.71 per cent and NGX Industrial added 0.01 per cent, while the NGX Consumer Goods dropped by 0.99per cent

P R I C E S MaiN Board

F O R DEALS

Elsewhere, the NGX Oil and Gas sectors closed flat. Investor sentiment, as measured by market breadth remained positive as 32 stocks advanced, while 20 declined. FBNH, John Holt and Tantalizers recorded the highest price gain of 10 per cent each to close at N22.00, N1.87 and 55 kobo respectively, per share. Multiverse Mining and Exploration followed with a gain of 9.98

S E C U R I T I E S Market Price

quantity traded

per cent to close at N6.39 and SUNU Assurance up by 9.73 per cent to close at N1.24, per share. On the other hand, eTranzact International led the losers’ chart by 9.46 per cent to close at N6.70, per share. Unity Bank followed with a decline of 9.24 per cent to close at N1.67, while Omatek Ventures lost 9.09 per cent to close at 90 kobo, per share.

T R A D E D

value traded ( N )

MaiN Board

A S O F

R.T. Briscoe Nigeria down by 8.96 per cent to close at 61 kobo, while Guinea Insurance declined by 5.88 per cent to close at 32 kobo, per share. The total volume traded advanced by 28.1 per cent to 746.67 million units, valued at N5.95 billion, and exchanged in 9,267 deals. Transactions in the shares of Universal Insurance topped the activity chart with 161.098 million shares valued

at N46.832 million. Access Holdings followed with 81.514 million shares worth N1.467 billion, while Unity Bank traded 67.653 million shares valued at N116.867 million. Veritas Kapital Assurance traded 45.907 million shares valued at N17.760 million, while Transnational Corporations (Transcorp) transacted 44.468 million shares worth N294.096 million.

N OV E M B E R / 2 7 / 2 3 DEALS

Market Price

quantity traded

value traded ( N)

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

NEWS

NETHERLANDS DELEGATION VISITS NDLEA...

Chairman/Chief Executive Officer of National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd, R) presenting a copy of the Agency's official magazine to the Ambassador of the Kingdom of the Netherlands to Nigeria, Wouter Plomp, when the envoy led a delegation on a courtesy visit to seek partnership with the Agency at its national headquarters in Abuja ... yesterday

Oil Industry Players Want Tinubu to Conduct Transparent Marginal Field Bid Round Say persons with proven technical, financial capacity should be considered

Peter Uzoho Players in the Nigerian oil and gas exploration and production sector have advised the current President and Petroleum Minister, Bola Tinubu, to conduct a much better bid than the last exercise to guarantee immediate development of the assets. They specifically suggested that marginal fields must be given to persons with robust oil and gas exploration and production experience and proven technical and financial capacity to develop the assets upon receipt. The players warned that the federal government should avoid using the bid exercise as a mere money making

venture but to support awardees to achieve first oil production faster. The stakeholders gave the advice in separate chats with THISDAY, following last week's announcement of a forthcoming fresh marginal field bid round by the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri. Those who spoke to THISDAY on the matter included the Manager in charge of New Business at Falcon Corporation Limited, Mr. Oladeji Olaoti, Chief Executive Officer of Gasavant Africa Limited, Mr. Emeka Iheme and the Subsurface Manager, Energy and Mineral Resources Limited, Mr. Collins Ibekwe. During his tour of Waltersmith's

refinery in Imo State last week, Lokpobiri had revealed that Tinubu had approved the conduct of fresh marginal field bid round, adding that the exercise would "take place soon". The new bid round will be coming barely three years after about 57 marginal oilfields were put up for sale in 2020 and the process effectively concluded last year, amid many of the awardees still struggling to move to site for development of their assets due largely to funding and regulatory challenges. The marginal field exercise is exclusively reserved for Nigerian companies as the federal government through the policy offers opportunity to local firms to participate more

actively in the country's oil and gas exploration and production space. Speaking to THISDAY, Ibekwe observed that the last bid round was poorly done and will probably never make any significant progress beyond what the successful bidders have been able to achieve at the moment. With the high oil price at the moment, he said now is the best time to do a marginal oil field bid round, with the proviso that the authorities get it right this time. Further expressing his misgivings on the 2020 marginal field bid round, Ibekwe posited that "the last government used it to obtain raw cash from bidders.” "The 2020 bid round was unfortu-

Group Urges FG to take Decisive Action On IOCs’ Use of Obsolete Equipment in Oil Exploration Experts call for caution in use of toxic dispersants

Olusegun Samuel in Yenagoa

The Michael Diongoli Foundation has called on the federal government to take a decisive step in sanctioning oil multinationals whose equipment constantly malfunction in the course of oil exploration activities in the Niger Delta. Foundation head, Michael Diongoli, who made the call during a media chat in his office, said the increasing rate of oil spillage within the Niger Delta with the most recent occurrence in the Ahoada area of Rivers state calls for urgent government intervention. He called for stiffer sanctions for oil multinationals to overhaul their working equipment in order to checkmate the ugly recurrent experience. Diongoli stated that though there is an urgent need for collaborative synergy from the people of the Niger Delta to tackle issues of pipeline vandalism, oil multinationals must not hide in that guise to keep using obsolete equipment in carrying out their activities in the region. He said the foundation in the course of carrying out humanitarian duties, traversed impacted areas in the region and noticed obvious developmental gap in most of the

communities. He called on the oil multinationals to also partner with the private sector to further strengthen the developmental gap occasioned by increasing oil spills that have left the people helpless. In a related development, some environmentalists have expressed concern on the biosafety and toxicity of dispersants used to mop up oil spills from offshore waters which support fishes and marine creatures. The concerns are coming as IOCs divest from onshore assets for offshore fields. Dispersants are chemicals applied to oil spills to break down the oil molecules. The environmentalists spoke against the backdrop of the November 15 leak from Egina Floating Production Storage and Offloading (FPSO) vessel operated by TotalEnergies. They spoke in separate interviews on Monday in Yenagoa. A renowned environmentalist, Dr Nnimmo Bassey, in a reaction to the incident noted that IOCs seem to prefer the 'remote' location of offshore oil fields, stressing that offshore oil fields shy from scrutiny of regulators and communities. He said it was regrettable that after several decades of polluting

their onshore fields, the IOCs were going offshore without clean-up. Bassey said that dispersants are known to be toxic to aquatic life that form part of the food chain. "The use of dispersants is mainly to hide the impact of oil spills from view. As the name says, they disperse but do not eliminate or remove the spills. It is known that chemicals remain in the aquatic ecosystem with some staying on the seabed. "These dispersants have impact on the aquatic species and by extension they also cause injury to human health. Considering the lax regulation of the oil field environment, this is another example of expanding the sacrifice zone the Niger Delta has been turned into. "We cannot continue to sacrifice our people and environment on the altar of cash," Bassey said. For the Head of Field Operations at Environmental Rights Action (ERA), Chief Alagoa Morris, in Bayelsa, dispersants are not conducive to life. "The thing is that these chemicals called dispersants used by the oil companies to reduce the quantity of spilled crude oil or sink the crude oil are not properly identified by stakeholders or experts to enable

informed conclusions. "It is one of the smart ways deployed by the polluters to be evasive, taking advantage of not having regulators or environmental groups within the particular location at the point in time.

nately a bad one. First, the Competent Person's Report exaggerated the value of the assets. Based on that false value, huge signature bonus was extracted from the awardees. “That cost front-loading of the assets rendered most of them sub-commercial. So, most of the awardees will not make progress without government returning their money to them. Unfortunately, that government is not here anymore. I doubt that this government would want to take up that responsibility," he said. Explaining that oil and gas business, particularly the exploration and production sector was a capital intensive business, the manager said all over the world, it's a business that serious minded intellectuals thrive in if given the opportunity. He advised that government must change the wrong award criteria so that only technical competence and experience determine who to be awarded, adding that government should drop the outrageous signature bonus to zero dollars or to an amount so minimal that anyone could afford it. Criticising the wrong notion of marginal field bid round as an immediate revenue generating exercise, Ibekwe described the situation as short-term focused and lack of understanding of an oil field being called marginal.

"The word marginal comes from the phrase 'commercially marginal'. That means that it's not expected that there will be a lot of profit made by developing the asset. There's a chance that even at zero signature bonus, no profit is made from developing the asset. "So front-loading the asset with high signature bonus is not wise at all. It's tantamount to killing the asset before it takes off. A wise government will allow many marginal field operators to thrive through low initial cost burden. Their survival will add a lot of oxygen to the economy. That exposed the level of incompetence of those that managed the process,"he added. In his opinion, Manager, New Business, Falcon Corporation Limited, Mr. Oladeji Olaoti, advised that the proposed fresh marginal field bid round must be done in a cost efficient and fair manner to avoid dis-incentivising those that have robust industry experience with proven technical and financial capacity to develop the assets. "So, how it will be done is the most important. Will it be fair? Will it be cost efficient? I hope it will not be too expensive, so that we are not dis-incentivising those that have capacity to play in that place. These are the things that come into play," Olaoti said.

Tantita Security Faults Alleged Military Invasion of Bayelsa Community Olusegun Samuel in Yenagoa

The Bayelsa State operations of Tantita Security Services has described as unfounded, allegations in a recent publication by the Caretaker Council Chairman of Southern Ijaw Local Government Area, Mr. Lucky Okodeh, and a video circulating on social media alleging an invasion of Igbomotoru Community by the company, using the military. In a statement by the State Coordinator, Tantita Security Services Nigeria Limited ,Bayelsa Operations, Joshua Maciver, it that Tantita does not possess the authority to order federal forces. He urged the indigenes of Igbomotoru community to go about

their lawful duties as the military is only on the ground to safeguard federal assets and by extension lives and properties in the area. He added that Tantita Security Services remains steadfast in its commitment to eradicating illegal bunkering activities across Bayelsa State and the Niger Delta region. "It is crucial to emphasise that the deployment of the Nigerian Army and Nigerian Security and Civil Defence Corps (NSCDC) in our operations is not meant to intimidate law-abiding citizens conducting lawful businesses. “Additionally, the placement of gunboats extends beyond Igbomotoru community, encompassing strategic routes used by

illicit crude oil bunkers in areas like Azuzuama, Tebidaba-Okoron, Lasukugbene, Lagosgbene, and other communities. "While we refrain from directly accusing individuals or groups involved in illicit activities, it is noteworthy that the expressed discomfort by the Chairman, Mr. Lucky Okodeh, in the media raises questions. “ It prompts speculation on whether he is aware of potential clandestine activities within the Igbomotoru Axis, suggesting that the presence of security forces may unveil illicit crude oil syndicates and mercenaries, contrary to the Federal government's stance on crude oil theft,” he said.

T H I S D AY • TUESDAY, NOVEMBER 28, 2023

NEWS

Launch of the Y2024 Armed Forces Remembrance Day Emblem Appeal Fund...

L-R: Secretary to Lagos State Government, Barr. Abimbola Salu-Hundeyin; Deputy Governor, Dr. Obafemi Hamzat; Governor Babajide Sanwo-Olu; Commissioner for Home Affairs, Hon. Ibrahim Layode and Chairman, Nigerian Legion Lagos State Council, DCG Akeem Wolimoh during the launch of the Y2024 Armed Forces Remembrance Day Emblem and Appeal Fund, at the Conference room, Lagos House, Ikeja ... yesterday

Shaibu Declares Interest in Edo Guber, Says Ambition Unstoppable Insists Obaseki has no right to tell him to step down Another aspirant unveils agenda

Adibe Emenyonu in Benin City and Funmi Ogundare in Lagos Despite the seeming frustrations, the Edo State Deputy Governor, Philip Shaibu, yesterday, formally declared his intention to contest the 2024 governorship election on the platform of the Peoples Democracy Party (PDP), saying no body could stop my ambition. Shuaibu, who shed more light on his aspiration while speaking on Newsnight on ARISE Television, also said his boss, Governor Godwin Obaseki, had no right to tell him to step down from his constitutional rights, adding that he was well-equipped to govern the state politically. Also, ahead of PDP governorship primary slated for September, 2024, another hopeful, Mr. Anselm Ojezua, has promised to reintroduce bursary in the education system, among his agenda for the state. However, Shaibu, at his declaration, alluded to his political travails in the last couple of months, declaring that he remained unbowed even as he forged ahead against the unfavourable disposition of his principal, Governor Godwin Obaseki. Addressing his supporters at the Bishop Kelly Pastoral Central, the new venue he secured, Shaibu said despite his present predicament, his antecedents in the struggle for democracy were part of the propelling factors for him to move on to actualize his ambition. Describing himself as “100 per cent Home Boy”, an allusion to the clamour that the next governor of the state

must be someone, who knows the state very well, and not someone imported, a veiled reference to the touted candidate of Governor Obaseki, Asue Igbodalo, Shaibu hinged his campaign on five pillars that included infrastructure development, economic diversification, Education, Sports. Others were skills development and job creation, healthcare, social

welfare system, agriculture, rural development, poverty alleviation, environmental sustainability, and transparent governance. He said while working closely with Obaseki in the past seven years, a solid foundation for progress had been laid in the state. Whilst on Arise News, Shaibu said his bid to contest for the seat

was a generational fight and that the governor had the right to support whoever he deemed fit for the position According to him, the people need fast and rapid development and that by November 1, 2024, when he would be sworn in, he would be announcing his commissioners and other officials.

A three-member panel of the Court of Appeal has affirmed the election of Ahmed Aliyu of the All Progressives Congress (APC) as Governor of Sokoto State. Aliyu's election was affirmed shortly after the panel dismissed the appeal by candidate of the Peoples Democratic Party (PDP), Sai’du Umar, seeking to upturn the judgment of the Sokoto State Governorship Election Petition Tribunal which had affirmed the declaration of Aliyu as winner of the March 18 governorship election in Sokoto State. The panel in a unanimous judgment held that the appellants failed to substantiate allegations of irregularities, noncompliance as well as non-qualification contained

and not corrupt. “He has commended me for having these qualities and he has said to me that I am not like the conventional politician and he has also told me that I am the kind of deputy that any governor can have . So, if he has said that, it definitely means that he will be happy if I succeed him."

PDP Crisis: NWC Counters Atiku’s Supporters, Insists Party in Safe Hands Lagos party elders say Nigerians have lost confidence in Judges

Chuks Okocha in Abuja and Segun James in Lagos The leadership crisis within the Peoples Democratic Party (PDP) has deepened as Pro-National Working Committee (NWC) supporters held rallies to support the National Chairman of the party, Ambassador Illya Damqgum, describing him as a silent achiever. In another development, elders of the PDP in Lagos have expressed sadness that the judiciary has lost the confidence of the people, lamenting that it was no longer the last hope of the people. Last week, a group of Atiku Abubakar’s supporters took over the national secretariat of the PDP, chanting anti-establishment songs,

and called for the sack of the NWC led by Damagum. The protesters claimed that by the actions of the NWC, they had damaged and ruined the PDP. But, in a counter solidarity in support of the leadership of the party, a Pro-NWC group led by Dabo-Itibo Marmmet claimed that the earlier protesters were working to ensure that Nigeria becomes a one man state. According to the group identified as Concerned PDP League, "If the PDP is not United, the country will slide to a one party state. Those working for the removal of Damagum and dissolution of the NWC are enemies of democracy, who are working to destroy the unity of the party. Damagum-led

NWC has worked to stabilise the PDP as a leading opposition party. "We are working for Damagum and the NWC to remain in office and stabilise the party," he said, describing how the NWC under the acting national chairman has been able to work towards the reconciliation of all warring groups within the party However, the Lagos PDP elders led by Chief Olabode George, former Deputy National Chairman, included Mrs Onikepo Oshodi, former National Woman Leader; Senator Kofoworola Bucknor Akerele, former Deputy Governor of Lagos State and Dr Chris Akintoye in a statement issued after a meeting in Ikoyi, Lagos. With the statement titled, “When

A'Court Affirms Election of Ahmed Aliyu as Sokoto Governor

Alex Enumah in Abuja

"I would hit the ground running as soon as I and my commissioners are inaugurated," he said. Dwelling on whether he had the governor’s backing, he said, "I will say yes and no. Yes , because of my relationship with him having worked with him in the last seven years and because he likes someone who is hardworking, accountable

in their appeal. Presiding Justice, Mbaba Bassi, who delivered the lead judgment held that having resolved all four issues raised against the appellants, the appeal lacks merit and it's accordingly dismissed". He subsequently affirmed the judgment of the tribunal which had in September dismissed the PDP's petition for lacking in merit. Umar and the PDP had approached the appellate court to set aside the judgment of the lower tribunal which had dismissed their joint petition for erring in law. But in their judgment in the appeal on Monday, the appellate court held that the tribunal was right in expunging evidence of non-compliance and other alleged irregularities and malpractices because the evidences were presented

by incompetent witnesses. According to the judgment, failure of the appellants to list and front-load the statement of the witnesses was fatal to their case. Besides, the court held that even though the appellants provided documents from the Independent National Electoral Commission (INEC) to prove cancellation of election in 138 polling units across the state, their failure to call witnesses from the affected polling units to speak to the documents was fatal to their case. Justice Bassi pointed that reliance on Section 137 of the Electoral Act, 2022, was insufficient to prove cancellation without oral evidence. It would be recalled that Aliyu had won the election with about 49,000 votes, while total number of registered voters in the affected

polling units where election was cancelled was put at over 85,000, the total number of collected Permanent Voters Card (PVC) was put at over 82,000. Based on the above, the appellants had urged the appellate court to void the election of Aliyu, declare the March 18 election inconclusive and that the electoral umpire be ordered to conduct a supplementary election in the 138 polling units where elections were cancelled. They had presented INEC's form EC40G (incident form; showing elections were cancelled due to over-voting or disruption. According to the appellate court, the form EC40G, "shows electorates were given opportunity to vote but something went wrong culminating in the cancellation of the election".

Nigerians No Longer Trust Third Estate of The Realm, Anarchy Looms,” they stressed that, “These are not the best of times for the Judiciary in Nigeria." They pointed out that pronouncements from courts must be infallible, saying the situation where people began to question the judgement of a particular court showed that there was crisis in the polity. They reiterated the conflicting

judgements coming from a few of the judges had shaken the belief of many Nigerians in the judiciary. The statement, which was read by George partly reads, "Today, what is oozing from the third arm of government in the world's most populous black nation is offensive to millions of Nigerians. And when the Judiciary is compromised, one way or the other, in a democratic system, then democracy is gone.

NEMA Launches Reviewed National Contingency Plan for 2023-2025

Kuni Tyessi in Abuja

The National Emergency Management Agency (NEMA) has launched a reviewed National Contingency Plan 2023-2025. Director General of NEMA, Mustapha Habib Ahmed, who launched the plan in Abuja, described the occasion as "significant milestone in our collective efforts to ensure the safety and well-being of our nation." He added that the plan has become imperative given that "Nigeria has experienced quite a number of human and natural disasters, public health emergencies, and other unforeseen events which can occur at any moment, causing immense devastation and disruption of the functioning of society. It is our duty, as disaster managers and citizens, to ensure that we are adequately prepared to respond swiftly and efficiently to such situations." He appreciated the participation of stakeholders towards the review of the plan and said: "We represent a diverse range of expertise,

backgrounds, and organizations, all united by a common goal: to launch and put into formal use an effective National Contingency Plan that will guide us in times of crisis." Furthermore, he said that, "the past months and years, countless hours of hard work, research, and collaboration have gone into the development of this plan. Experts from various sectors have contributed their knowledge and experience, drawing upon lessons learned from past disasters and incorporating the latest best practices in disaster management." He specially thanked UNICEF for collaborating and supporting NEMA in the process of reviewing the plan. He also spoke on the areas covered in the plan that "NEMA in collaboration with UNICEF and other stakeholders carried out a risk analysis of Nigeria in 2021. The exercise was carried out across the geo-political zones of the country and covered different risks and hazards at the Local Government Areas (LGAs) level, including floods; epidemics; conflict and violence amongst others.”

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

NEWS

Closing/Award Ceremony of the 20th Genetic Counselling on Sickle Cell Disorder...

L-R: National Director/ CEO, Sickle Cell Foundation Nigeria, Dr. Annette Akinsete; Founder and first Chairman of the Sickle Cell Foundation Nigeria, Professor Olu Akinyanju OON; Executive Head Corporate Affairs, West Africa MultiChoice, Caroline Oghuma; and Member of the Board of Directors, Sickle Cell Foundation Nigeria, Mrs. Abiola Ogunbiyi; at the Closing/Award ceremony of the 20th Genetic Counselling Training Course on Sickle Cell Disorder... recently

After Flight Diversion, NCAA Suspends United Nigeria Airlines’ Leased Aircraft Keyamo summons all pilots, crews operating wet leases in Nigeria Gives NSIB 10 days to submit investigative reports on incidents

Chinedu Eze in Lagos and Kasim Sumaina in Abuja

The Nigeria Civil Aviation Authority (NCAA) has suspended the wet-leased aircraft operated by United Nigeria Airlines pending the conclusion of investigation into the diversion of a flight meant for Abuja, to Asaba, on Sunday. Also yesterday, the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, directed the NCAA to summon all pilots and crew operating wet leases in Nigeria within the next 72 hours for further briefing. The regulatory authority in a statement signed by its Director General, Captain Musa Nuhu, said it has commenced investigation into the circumstances surrounding United Nigeria flight NUA 0506 to Asaba and the confusion it has created in the public domain. “However, preliminary steps have been taken pending conclusions of ongoing investigation. The Authority wishes to reassure the traveling public that it will leave no stone unturned as it has always done in the past

to ensure continued safety of the aviation industry,” it stated. The NCAA had earlier directed United Nigeria Airlines to suspend the use of the aircraft, an Airbus leased from Europe-based Fly2Sky, until after the investigation. When the incident happened on Sunday, the airline issued a statement and explained that it temporarily diverted its flight NUA 0504 to Asaba due to poor destination weather. The Head, Corporate Communications for the airline, Achilleus-Chud Uchegbu, had said in a statement that the pilot of the aircraft was aware of the temporary diversion and was properly briefed, but a wrong announcement was made by cabin crew upon landing safely in Asaba, creating confusion among the passengers. However, following this incident, there were discrepancies in the cause of the diversion when Air Traffic Controllers countered this claim, insisting that there were favorable weather conditions in Abuja at the time of the diversion. After a post-incident meeting, the NCAA said the airline’s explanation

Tinubu Swears in Eight New Permanent Secretaries Deji Elumoye in Abuja

President Bola Tinubu on yesterday administered oath of office on eight new Permanent Secretaries, who were appointed last week after successfully scaling the Federal Civil Service's selection process. The swearing-in ceremony, preceded the Federal Executive Council (FEC) meeting, at the Council Chambers at the State House, Abuja. The new Permanent Secretaries include Ndakayo-Aishetu Gogo; Adeoye Adeleye Ayodeji; Rimi Nura Abba; Bako Deborah Odoh; Omachi Raymond Omenka; Ahmed Dunoma Umar; Watti Tinuke; and Ella Nicholas Agbo. President Tinubu is currently presiding over the week's FEC meeting, which is also being attended by Vice President Kashim Shettima. Also attending the meeting are Secretary to the Government of the Federation (SGF), Senator George Akume; Head of the

Civil Service of the Federation, Dr (Mrs) Folashade Yemi-Esan and the Chief of Staff to the President, Hon Femi Gbajabiamila. Other members of the cabinet, including most of the 48 ministers and some other top aides of the President were present.

was unacceptable, prompting the suspension of its wet lease aircraft pending further investigation. The airline's spokesperson confirmed the suspension pending the outcome of NCAA's investigation, disclosing that the airline has only one wet-leased aircraft in its fleet, but was expecting another soon. The airline has its own aircraft, registered in Nigeria, four ERJ 145, but one had been grounded, while three are operating. Feelers from the airline indicated that the suspension of the aircraft would hurt the operations of the new carrier, especially as it was happening in the season close to the Christmas holiday. “It will affect our operation. It came at the wrong time. Today we had passenger crisis, flights from Abuja to Asaba cancelled and from Lagos to other destinations. The minister was angry with the incident. Issue sanctions after investigation and this might have prompted NCAA to take punitive measures,” the source said.

THISDAY’s investigations revealed that the pilot in command was given a wrong flight plan, which had ABB (Asaba) instead of ABV (Abuja) and accounts from the passengers that travelled with the flight did not indicate that the crew made any announcement about the destination of the flight until it landed in Asaba. A top official of a major airline observed that two factors enabled this to happen: poor coordination between the cabin and cockpit crew and language barrier with indications that the pilot in command and flight officer, who are foreigners, may not be fluent in English and chose not to speak with the passengers. Wet-leased aircraft in Nigeria usually come with the condition that the aircraft’s maintenance, insurance and crew would be provided by the lessor and out of the five cabin crew, only two were Nigerians, while three and the Captain and Flight Officer were foreigners, as Airbus A320 aircraft has seven crew. Meanwhile, Keyamo has directed

the NCAA to summon all pilots and crew operating wet leases in Nigeria within the next 72 hours for further briefing. Keyamo, while briefing the press shortly after meeting heads of various agencies in the sector, said: "To assure and reassure Nigerians that we are taking every step to ensure safety of lives of Nigerians who decide to travel by air and on the recent incidents some minor, and others classified as serious incidents although there were no fatalities, the NSIB is investigating these incidents and I have directed them that within 10 days from today, they must submit their report of the incidents. "However some preliminary and precautionary steps are being taken by the ministry and the regulator." According to him, "As government we are sensitive to public opinion, we will not close our eyes and ears to certain concern raised by people. "My view has always been that if an incidents happen anywhere in our airports that is not an act of God,

then there is a failure of regulation somewhere. “If the tyre of an aircraft burst, you can't give excuses, there is someone given the responsibility to check the tyres before the plane takes off. So it is not an act of God. "It is act of man that did not do his job. If the runway is not fit to land and the aircraft skids off the runway, it is the failure of regulatory that cleared that aircraft to land. “If a plane takes off from Lagos and ends up in Asaba it the failure of the regulator who dispatched that plane. So if these things happen and we don't see sanctions and I don't call out people that are involved then I have failed as a Minister and that is why the heads of the agencies are here today we need to review these incidences.” Speaking further, Keyamo said: "I understand that NCAA issued a notice suspending the wet leases of United Nigeria over the incidence. We are going to take concrete measures going forward to ensure that the incidence does not repeat themselves.

27 Abuja FilmVillage Workers Urge Wike to Overturn Retrenchment Olawale Ajimotokan in Abuja

Aggrieved workers of Abuja Film Village (AFVI) numbering 27 have appealed to FCT Minister Nyesom Wike to intervene and quash the termination of their employment on September 30, 2022 by the then Managing Director of the agency Mrs. Francisca Ibezim. The spokesman of the workers, Habila Isa Kayit, who addressed

the press yesterday appealed to the minister to order their immediate reinstatement and facilitate full payment of their salaries and arrears over the time of the unlawful disengagement as the prevailing economic hardship has made it very difficult for employed people to meet family needs. They also called for the immediate investigation of the N400 million allocated in the 2023 budget for the

AFVI by the National Assembly. They urged government to ensure that the film village concepts were sustained for the good of country and the economy saying the film village project is an economic spinner, a job creation magnet, an employment driver, and a sure plug revenue generator. “We were employed on a fulltime basis as staff of Abuja Film Village International with the direc-

tive letterhead of the Honourable Minister FCT and some of us have been under the employment of the agency for over 15 years and had performed our duties diligently. “Also, deductions and remittances in the form of taxes, health insurance, and housing scheme among others were collected from source since inception till the day we received the unlawful termination letters,” Kayit said.

Adeleke: I will Leverage Tourism as Major Revenue Source for Osun Yinka Kolawole in Osogbo

Governor Ademola Adeleke of Osun State yesterday said a lot of work is ongoing into raising tourism sector as a major revenue source for the development of the state in all ramifications. Speaking yesterday, on the achievements of the administration since assumption of office, the state Commissioner for Information and Public Enlightenment, Barrister Kolapo Alimi, who addressed the press on behalf of the governor noted that the government of Ademola

Adeleke has done a lot across all sectors despite the paucity of fund and inherited debt. He pointed out that Governor Ademola Adeleke has a five-point agenda which he has rigorously implemented. According to him, "We’re repositioning the tourism sector into a tourism and cultural industry. A lot of work is ongoing into raising the sector as a major revenue source for Osun State. "Our administration is actively creating an environment for the thriving of creatives. We've revitalized

key festivals, positioning them as global entertainment opportunities from the Osun Osogbo Festival to the Sango Festival and the introduction of the Adire Festival." He stressed further that "Moreover, Osun State is gearing up to host significant entertainment events. The sport sector is undergoing major reform. We are setting up a sports commission and expanding into other games beyond football." In agriculture, Alimi emphasised that the administration is working on the establishment of agro processing zones as well as further support

for mechanization of farming in the state. The Commissioner added that in the last one year the administration has restored the local government system with elections to hold for a year or so, saying that, "Grassroots government is now ongoing”. For the mining sector , he equally pointed out that government is recording an increase in revenue generation, while the accumulated service charges on licenses have been cleared. He stressed out that "We are at the tail end of upgrading our explora-

tion leases to mining leases. This will bring more investors. We are now operating an environmentally friendly operation. EIA (Environmental Impact Assessment) and EMP (Environmental Management Plan) is now a must before mining operation." He however noted that cleaning up the polluted environment is also ongoing. “Our mining operation now has zero tolerance for environmental degradation. We have had a long drawn negotiation with mining companies operating in Osun since the beginning of the year,” he stated.

T H I S D AY • TUESDAY, NOVEMBER 28, 2023

NEWS

Empowerment of 400 small scale business women...

L-R: Wife of the Special Adviser on Commerce and Industry, Hajiya Fatima Dan Musa, Special Adviser, Commerce and Industry, Alhaji Nasiru Musa Jega, His Royal Highness, Sarkin Kabin Jega, Alhaji Muhammadu Arzika Bawa Jega, Wife of Kebbi State Governor and Founder, Nasara Foundation, Hajiya Zainab Nasir Idris, Commissioner, Ministry of Basic and Secondary Education, Dr. Halima Bande, Commissioner, Ministry of Humanitarian Affairs and Empowerment, Muhammad Hamidu Jarkuka, Majority Leader, Kebbi State House of Assembly, Hon. Faruku Aliyu Nasarawa, Director Finance, SUBEB, Alhaji Usman Abubakar and Commissioner, Ministry of Physical Planning and Urban Development, Hon. Hayatu Bawa Jega at the official launching of Nasara Foundation branch office in Jega LG and empowerment of 400 small scale business women recently at Dan Gishiri Plaza near old BLB Sokoto Road, Jega Local Govt, Jega, Kebbi State. ... recently

Emmanuel: My Only Regret Was Not Having Control over Policies Okon Bassey in Uyo Immediate past governor of Akwa Ibom, Mr Udom Emmanuel, has said his only regret as governor was that he did not have control over policies. He, however, expressed gratitude to the people of the state for standing by him on the ‘awesome’ moments he had as the governor, saying there were spiritual forces against the governor. While re-affirming the fact that he never compromised his faith in the supreme power of God, who saw him through, he said he went to work as governor with a blueprint, and despite all his accomplishments, his only regret was that he did not have control over policies. “The only regret I have is that I did not control policies. If I had control over policies as a state, trust me, we would have been miles ahead as a state. But today, I still thank God that we went with our blueprint and God helped us.” Emmanuel, who spoke at a thanksgiving/welcome service in his honour and wife, Martha by the United Evangelical church, recounted the unfortunate incident of the Church building collapse

on December 10, 2016, saying his narrow escape in the building remained a mystery as only God could explain. “The place I was sitting, the central beam from the ceiling shattered the white seat where I was sitting, I don't know but

I came out alive without even a scratch. Most importantly, we want to thank God that we went into Government House complete, we left complete not one of us is missing. "Throughout my ten years, because I was SSG before I became

Governor. One of the things I cherished, is that throughout that period, God did not stop speaking to me,” he said, reiterating that there were spiritual forces against a governor. Speaking, Governor Umo Eno of Akwa Ibom State, lauded his

immediate predecessor, and wife, describing them as a gift from God to Akwa Ibom people. The governor said whether people say it out openly or not, the indelible imprints the former governor left behind were well appreciated by all well-meaning

people. The Governor likened the reception ceremony to the events of the last day of humanity on earth, “when we finish here and get back home to see Jesus standing to receive us back, saying welcome home my good and faithful servant.”

NDDC Boss Tasks Ogonis on Peace, Safe Environment

Blessing Ibunge in Port Harcourt

The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has charged the people of Ogoni ethnic nationality in Rivers State to continue to promote peace. He stressed that development could only take place in a peaceful and safe environment. Ogbuku, made the call yesterday, when members of the Movement for the Survival of Ogoni People (MOSOP), paid him a courtesy visit at the NDDC headquarters in Port Harcourt. The NDDC boss who noted the importance of involving all stakeholders in driving the sustainable

development of the Niger Delta region, urged the Ogonis to support the policies of President Bola Tinubu’s administration. "Let us ensure that there is peace in our communities,” he advised. He said the Commission was working in line with the policy of Tinubu’s administration which emphasises stakeholders’ engagements in the development process. According to him: “We all face the same challenges in the region and this means that we must all work together to address the challenges, regardless of our ethnic background. Challenges, such as underdevelopment and ecological problems, confront all of us.” The NDDC Chief Executive Officer stated that the history of the Niger Delta struggle would not be complete without indexing the contributions of the Ogoni people, noting: “Your

contributions cannot be forgotten. More importantly, we are going to support all ethnic nationalities because we are working for all Niger Deltans. “In the quest for development of the region, NDDC alone cannot achieve it without the support and partnership of different stakeholders in both government and private sectors.” Ogbuku announced that the Commission would organise a stakeholders’ summit early next year to review its activities in the past 23 years and give all groups in the region the opportunity to be part of the development process. He urged the MOSOP delegation to continue to support the NDDC in its efforts to develop the region, advising them to avoid denigrating the Commission in the media, considering that it was the only government

agency with visible projects in many Niger Delta communities. Ogbuku, told the visiting delegation that the newly inaugurated NDDC Governing Board was committed to accelerating the development of the Niger Delta region. "We are going to undertake more legacy and regional projects. Currently, we have embarked on an elaborate project to light up the Niger Delta with solar-powered street lights, as part of the measures to reduce criminality in our communities.” Earlier, the MOSOP President and leader of the delegation, Prince Biira, appealed to the NDDC to extend more development projects to Ogoniland to enhance the living conditions of the people who had suffered for many years on account of oil pollution and negligence. He reminded the Managing Direc-

tor that the NDDC was a product of the struggle of the Ogoni people and other agitated Niger Deltans. He added that the Commission had not imparted sufficiently on the lives of the people. “The essence of this engagement is to exchange ideas on the development challenges of our people. Your pedigree rekindles our hope for a new dawn,” he said. The MOSOP President described Ogbuku as “a visionary administrator with a clear mission to bring transformational development in communities across the Niger Delta region.” Biira, observed that things were beginning to change in the way NDDC was tackling the development challenges in the Niger Delta region, noting that the Commission’s participatory management system was commendable.

judgements. Out of these, 125 were political appeals, 81 were civil appeals and 45 were criminal appeals. Within the period under review (precisely 10 months’ duration), a total number of 91 rulings were delivered by the Honourable Court. “To a very large extent, I will confidently say this score-card is impressive, fascinating and appreciable in view of the unpleasant events that dotted the legal year, especially the attenuating number of justices on the Supreme Court Bench, which has to do with some challenges that could not easily be surmounted by one arm of government alone. "I attribute the tremendous successes recorded in the course of the last legal year by the Honourable Court to the doggedness exhibited by my industrious and team-spirited brother justices and the general staff.” The CJN urged the new SANs not to take for granted the honour newly conferred on them, pointing out that they are the successful out of 114 applicants. While 57 of the new SANs were

from the advocate, only one emerged successful from the academia. Ariwoola told the new SANs, "As Senior Advocates of Nigeria, you now carry heavy burden on your shoulders. From the moment you leave this courtroom, everything in you and about you will now be freely scrutinised and dissected by everyone that comes in contact with you. "There is nothing like private life for you henceforth, as whatever you hitherto regarded as private life will now be treated as public life by members of the public; and there is nothing you can do about it. “So, watch your utterances, watch your actions and watch the kind of company you keep, because you have already assumed the role of Ministers of the Court, as you are now expected to assist the court to attain justice, equity and fairness in all ramifications. "You must display enormous integrity, self-discipline and high standard of advocacy as custodians of justice. The privilege you are conferred with today does not, in

any way, make you superhuman because humility and self-control still remain the essential tools to engage in wrestling the foibles of life." In his remarks, Fagbemi acknowledged that the process of filling the vacancies at the Supreme Court had begun. He said NJC should act fast to lessen the burden of work on the 10 remaining justices. Fagbemi stated, "I would like to use this opportunity to ask the leadership of the National Judicial Council to fast-track the process of achieving a full complement of the Supreme Court and to also concurrently put in place the process of filling the consequential vacancies that will be occasioned at the Court of Appeal to avoid undue delay and minimise disruptions at that level.” The AGF disclosed that the Tinubu administration had expressed its readiness to implement judicial reforms with the cooperation of the judiciary. "We, therefore, earnestly await the judiciary to set the ball rolling to enable the other arms play their

part in this critical aspect of nationbuilding," he said. The minister expressed concern over the backlog of pending appeals at the Supreme Court, and insisted it was a situation that must be holistically addressed. According to him, "We must begin to develop innovative solutions towards enhancing the working capacity of the Supreme Court, cutting down on the number of appeals that get to the court, implementing critical judicial reforms, as well as adopting alternative dispute resolution mechanisms." Meanwhile, BOSAN advised NJC to extend the appointment of justices to include SANs as well as the academia. Professor A. B. Kasumu (SAN) made the appeal while speaking on behalf of the body. Kasumu called for review of the guidelines for the award of SAN to deserving lawyers in a way that emphasised quality of judgement, as against quantity, required of applicants.

FRC to Hold Media Roundtable, Unfolds Agenda Ariwoola: Unnecessary Cases Overstretching Judiciary, We Need Alternative Dispute Resolution Mechanisms The Financial Reporting Council (FRC) of Nigeria is set to host a media roundtable tomorrow, with the theme: "FRC & the Renewed Hope Agenda for a Stronger Economy." The event aims to bring together industry leaders, stakeholders, and media representatives for insightful discussions on advancing financial reporting, auditing, and corporate governance standards in Nigeria. A statement yesterday, explained that the media roundtable would feature a distinguished representation of experts and thought leaders who would share insights, perspectives, and recommendations on crucial topics impacting the financial reporting landscape in Nigeria. “The discussions will focus on the role of the FRC in fostering economic growth, ensuring transparency, and building investor confidence. “The event which will hold at Oriental Hotel, Lagos is set to

explore how the FRC plans to contribute to Nigeria's economic development under its renewed agenda, address the FRC's key initiatives towards ensuring compliance with financial reporting standards, amongst others. “Media representatives and stakeholders attending the event will have the opportunity to engage directly with FRC executives, fostering a collaborative environment for advancing financial governance in Nigeria,” the statement added. It noted that key highlights of the event includes unveiling the new FRC to the media and stakeholders, in-depth discussions on the transformative agenda for FRC, stakeholder feedback, and identification of areas for improvement in 2024 and subsequent years. “The insights and contributions of our esteemed stakeholders will be instrumental in shaping the future of financial reporting, auditing, and corporate governance in Nigeria,” it added.

TUESDAY, NOVEMBER 28, 2023 • T H I S D AY

NEWS

SPECIAL RECOGNITION...

L–R: Chief Press Secretary to the Lagos State Government, Mr Gboyega Akosile; Marketing Director, Chivita Hollandia, Mrs Toyin Nnodi, and Publisher, Brand Communicator and Convener, Women in Marketing & Communications Conference/Award (WIMCA), Mr Joshua Ajayi, during the presentation of the Certificate of Recognition to Nnodi as a Top 50 Most Influential Women in Marketing and Communications 2023 in Lagos…recently

Obi at Commonwealth Summit Says Leadership Recruitment Africa’s most Critical Deficit

Presidential Candidate of the Labour Party in the February 25 election, Peter Obi,has identified leadership recruitment process as the biggest challenge facing Africa and limiting the harnessing of opportunities in

the continent. Obi said as much in his opening remarks, yesterday, at the Commonwealth Trade and Investment Summit in London, titled: ‘Harnessing the African

Opportunity.’ He said, “Of all the factors required to properly harness the African opportunities, the most important requiring all the support from strategic partners such as Com-

monwealth is the political leadership recruitment and sustenance process.” Reiterating that Africa’s most important deficit remained leadership deficit, he contended that, "The effective and sustainable harnessing of

Lukman: NWC Preparing Grounds for Wike's Emergence as Rivers APC Leader Adedayo Akinwale in Abuja

A former National Vice Chairman, North-west of the All Progressives Congress (APC), Dr. Salihu Lukman, has said the National Working Committee (NWC) of the party was preparing the stage for the emergence of the Minister of FCT, Nyesom Wike, as the new leader of the party with the dissolution of Rivers State Executives at all levels. The APC NWC, last Wednesday, announced the dissolution of the Rivers State Executives of the party at all levels and appointed a sevenmember Caretaker Committee led by Chief Tony Okocha to steer the party’s affairs in the state for the next six months. Lukman in a statement yesterday tagged: 'End of Progressive Politics', said it was shocking that this was happening under President Bola Tinubu, who was envisioned to be progressive. He further recalled that Okocha, who was alleged to be a supporter and political ally of Wike led a delegation of Wike’s loyalists on a courtesy visit to the National Chairman of the party, Dr. Abdulahi Ganduje on Thursday, October 6, 2023 where he alleged that Rotimi Ameachi worked against President Bola Tinubu in the last election. According to him, Even without these allegations, it is public knowledge that Chief Amaechi has taken a backseat. Apart from Chief Amaechi, many other APC presidential aspirants for the 2023 elections have taken a backseat largely because President Asiwaju Tinubu has not demonstrated any interest to work with them. The APC chieftain said without any reservation, the reality of Wike who is a member of the Peoples Democratic Party (PDP) serving in APC government suggested some strong backdoor political negotiations. He wondered what the details of the negotiations could be, and if the APC was conceding to handover structures of the party in Rivers State to Wike. "Given all these unfolding

developments in APC, it is very clear that the NWC decision, dissolving Rivers State Executives of the party at all levels, is preparing the stage for the emergence of Barrister Wike as the new leader of APC in Rivers State. "With Chief Okocha, who is alleged to be a political ally of Barrister Wike given the responsibility

of serving as Caretaker Chairman, it simply means that all the new emerging executives for APC at all levels in Rivers State will be BarristerWike’s supporters. And since Chief Ameachi is a political rival of Barrister Wike, all Chief Ameachi’s supporters must be expelled from the APC. "This is the dirty politics at play

in Rivers State. It is very shockingly coming from leaders of a party envisioned to be progressive. Ideally, progressive politicians are expected to be committed to issues of justice and equity. This would require that when there are allegations of antiparty activities against leaders and members, such allegations should be properly investigated."

the opportunities in Africa through an agenda/framework rooted in the African consensus will require the enthronement of accountable and responsible leadership across Africa. “This will be the most effective way through which our internal coherence and external connectedness can be properly harnessed for the sustainable and inclusive growth and development of Africa.” He listed what he called a few low-hanging fruits that the African Consensus should pursue in collaboration with the Commonwealth. They included creation of a special fund for the development of infrastructure and African SMEs; Special incentives to promote the export of products and services from Africa to other Commonwealth countries and the world. He also listed the intentional but aggressive knowledge and skill development exchange between

Africa and the Commonwealth, as well as the crafting of an African Development Agenda/Framework that is African-oriented and globally very attractive. Obi noted that even with the immense potential and opportunities in Africa, many challenges remained and they were related to widespread leadership failures, limited access to funding, inadequate infrastructure, rural-urban migration, limited women and youth empowerment and regulatory barriers are pervasive. “Africa is home to many people living in extreme poverty, and there are significant deprivations and disparities in income. While these challenges question the sustainability of the progress being made, there is a growing belief that Africa can be on the cusp of a major transformation with the opportunities that abound if the right reforms are pursued,” Obi remarked.

of Representatives, Hon. Abbas Tajudeen, yesterday disclosed plan by the 10th House to convene a town hall meeting with stakeholders on the 2024 Appropriation Bill about to be laid before a joint session of the National Assembly by the President tomorrow. Abbas, who made this known while declaring open a one-day capacity building retreat for chairmen and deputy chairmen of House committees held in Abuja, said this would allow Nigerians participate in the consideration and passage of the budget. Present at the event were the Deputy Speaker, Hon. Benjamin Okezie Kalu; Chief of Staff to the President and former Speaker of the House, Hon. Femi Gbajabiamila, a former President of the Senate and ex-Secretary to the Government of the Federation, Senator Anyim Pius Anyim, many members of the House as well as representatives of Konrad Adenauer Foundation (KAS) and YIAGA Africa, who provided support for the retreat. Abbas, stated that in line with its mantra, ‘Peoples House,’ the 10th House was committed to greater and more transparent engagement with the public adding that this was necessary for reducing suspicion, building trust and generating support for the work of the National Assembly. He said: “As we expect to receive the 2024 Appropriation Bill in a few days, I wish to state that the House will convene a Budget Town Hall Meeting to enable citizens to make inputs into the 2024 Appropriation. “It is the first time such an engage-

ment is planned at the national level. I invite our partners to work with us in preparing for a vigorous and all-inclusive budget process. “To ensure speedy passage of the 2024 budget, I charge all committees to double their efforts and finalise all considerations in two weeks. However, this does not imply haphazard and superficial consideration of the budget. “Rather, it is a challenge to you to deploy all resources and make the needed sacrifices to ensure we pass the budget in good time for the good of all Nigerians." He noted that committees play a crucial role in the legislative process, and have been called the, ‘engine room’ of the parliament and that through committees, members develop subject matter expertise and undertake more detailed review and scrutiny of bills and other government policies. "Committees have contributed in no small measure to improving accountability through its oversight function. “It is no exaggeration to say that the National Assembly, especially the House of Representatives, has progressively exercised its powers to ensure that the executive is always answerable to the Nigerian people." Abbas, also noted that despite the growing assertiveness of the Nigerian legislature and its centrality in promoting good governance, committees face several challenges that impede their overall effectiveness which include a high turnover rate and its attendant effect on legislative expertise.

FEC Approves N27.5trillion Appropriation Bill for 2024 Briefing newsmen at the end of the FEC meeting held at the Council Chambers of the State House, Abuja, Aviation and Aerospace Development Minister, Festus Keyamo, while speaking on the procurement of the scanning machines, said "since I came to office, we have been inundated with complaints of the harrowing experiences that passengers go through at the airports where they have to physically search their bags. I'm sure you all know about that and it's been really getting under the skin of Nigerians. "You’ll see various agencies lined up; NDLEA, they’ll say open your bag, Immigration, they’ll say open your bag, Customs, they’ll say open your bag, EFCC, they’ll say open your bag, and they will dip their hands in your bag. So we thought we should do something like you have the TSA in America, where you have detection machines. So when they pass your bags through the machines, they detect explosives or any other thing and that's the end of the search. "So it's for the approval of the award of contract for the supply and installation of customized explosive and narcotic detection screening systems, with remote and dual view for the international airports of Abuja, Lagos, Kano, Port Harcourt and Enugu. "Luckily enough, the Council saw the need for this kind of equipment in order to relieve Nigerians of such experiences and it was graciously approved by Council." Asked for the cost of the machines to be customized, Keyamo said it would cost the country N3.23 billion. The minister equally disclosed that a memo for the signing of a

Bilateral Air Service Agreement with the Republic of Guyana was approved by FEC. He also gave reasons why the suspended Nigeria Air project conceived by the administration of ex-President Muhammadu Buhari could not be continued by the present government. On what to expect from the suspended Air Nigeria project embarked upon by the immediate past administration, Keyamo explained that the.project was meant to create monopoly as conceived by the Buhari's administration. According to him, the government's plan was to crash air fares by waiving taxes for the proposed airline. He explained that waiving taxes for Air Nigeria while not doing same for other privately owned ones would have created a monopoly in the system and run other operators out of the market. This, he said, would have led to disequilibrium in the system. According to him, the panel which investigated the Air Nigeria project discovered so many irregularities which he promised to talk about at the appropriate time.

Tinubu Presents 2024 Budget To National Assembly, Tomorrow

President Bola Tinubu will present the 2024 Appropriations bill to a joint session of the National Assembly tomorrow. Secretary, Research and Information Department of the National Assembly, Ali Barde confirmed the development to journalists yesterday.

This will be the first budget Tinubu would present to the National Assembly since he was inaugurated in May. The presentation of the 2024 budget indicates that the Tinubu administration would maintain the January to December budget cycle initiated by former President Muhammadu Buhari. Communication on the budget presentation by President Tinubu to joint session of the National Assembly must have been forwarded to both the President of the Senate, Godswill Akpabio and Speaker of the House of Representatives, Hon Tajudeen Abbas which would however be read in plenary today. Ahead of the budget presentation, Tinubu had three weeks ago, forwarded to both chambers of the National Assembly, 20224 2026 Medium Term Expenditure Framework ( MTEF) and Fiscal Strategy Paper ( FSP) where the sum of N26.1trillion was proposed as total expenditure profile for 2024 fiscal year . The Senate Joint Committees which were coordinated by the Finance Panel Chairman, Senator Sani Musa, after two weeks of interactive sessions with heads of ministries, departments and agencies on revenue and expenditure projections made for them had approved the MTEF-FSP. It specifically approved the N26.1trillion proposed as 2024 budget and other parameters as proposed by Tinubu.

Abbas: We'll Give Nigerians Avenue to Participate in 2024 Budget Process

The Speaker of the House

Continues online

TUESday november 28, 2023 • T H I S D AY

NEWS

BRIDGE CLINIC FERTILITY WALK …

L-R: Managing Director, Bridge Clinic, Mr. Sunny Ekhalume; Counselor, Mrs. Umo Akinselure; Counselor, Mrs. Abang Etang; Medical Director, Dr. Toyin Ajayi; Nursing Consultant, Mrs. Olayinka Osuntogun; Consultant Gynecologist and Head of Lagos Clinic, Dr. Babatunde Ogunniran, at the Bridge Clinic Fertility Walk held in Lagos… recently

Gunmen Kill Two Policemen, Civilian in Imo Attack Tony Icheku in Owerri

Two policemen and a civilian were yesterday killed by gunmen at Ahiara junction in Ahiazu Mbaise Local Government Area of Imo state. The incident took place while the new Imo State Commissioner of Police Danjuma Aboki was

touring the area. A source, who witnessed the incident said the gunmen who came on a motorcycle opened fire at the policemen and killed two on the spot. The third victim, a civilian was hit by a stray bullet and he died on the spot. When contacted, the Police

Public Relations Officer (PPRO) in the state, Mr. Henry Okoye, said that the command had declared a manhunt for the fleeing suspects. He said: “The Commissioner of Police (CP) Imo State

Command, Aboki Danjuma; Commander, 34 Artillery Brigade and Joint Task Force (JTF) operatives are combing the scene of crime for evidence that will possibly lead to the arrest of hoodlums responsible

for the attack and killing of two policemen at Ahiara Junction, in Ahaizu Mbaise LGA of Imo State.” On Sunday, the lifeless body of the traditional ruler of Otulu autonomous community in

nearby Ezinihitte Mbaise LGA, Eze Joe Ochulor was found dead by the roadside in the neighboring Aboh Mbaise LGA. The monarch was earlier kidnapped from his Palace on Saturday morning.

Lagos Issues Seven-Day Ultimatum to Owners of Structures along Ikota River

The Lagos State Commissioner

River.

along Ikota River.

buildings lying within the seven metre setback on Orchid rd, Agungi, Ajiran, Conservation Road, Osapa all along the Ikota

Mr Olakunle Rotimi-Akodu after an extensive inspection tour which lasted till dusk to System 156 and 157 Channel

the approved seven meters setback on both sides of the channel and had been given the option of voluntary compliance.

Wahab charged Lagosians

the Environment and According to the statement The inspection tour was to to respect the State Drainage Rivers Community Hails for Water Resources, Mr. Tokunbo from the ministry, Wahab made ascertain the level of compliance Master Plan to avoid properties has issued a seven-day the declaration alongside the by property owners whose demolition, asserting that there Navy over Free Medicare Wahab contravention notice to owners of Special Adviser Environment, buildings and fences fall within was no going back on the decision Blessing Ibunge in Port Harcourt

The people of Opobo/Nkoro Local Government Area in Rivers State have applauded the Nigeria Navy Ship (NNS) Pathfinder for bringing free medical care to their area. The Amayanabo of Opobo, King Dandeson Douglas-Jaja, who spoke yesterday during the free medical outreach that was held at Opobo Community General Hospital, expressed delight for the gesture by the military. King Douglass-Jaja, who was

represented by Dr. Dienye BellGam, called on the government to extend their medical services to other satellite towns of Opobo. He said: “We have a lot of health problems in our area because of our environment and we also have satellite communities and we need medical presence in those areas especially medical post. “Let me also request to the government that we want water ambulance because there are a lot of medical emergencies that has led to deaths in many cases and we also have hard to reach areas that are waterlogged.”

APC: Adeleke’s Administration, Worst in History of Osun Yinka KolawoleinOsogbo

The Osun State chapter of the All Progressives Congress (APC) yesterday described the state Peoples Democratic Party (PDP)led administration of Governor Ademola Adeleke as the worst

and National Orientation, Alhaji Mohammed Idris Malagi will the Special Guest of Honour.. Governor Seyi Makinde of Oyo State is the Chief Host, while the Governors of Ogun state, Prince Dapo Abiodun; Ondo, Rotimi Akeredolu; Ekiti Mr. Abiodun Qbayomi Oyebanji; Kwara, AbdulRahman AbdulRazaq, who doubles as Chairman of the Nigerian Governors Forum and former Governors of Ekiti and Ondo states, Dr Kayode Fayemi and Dr Segun Mimiko respectively arealso expected to attend.

in the history of the state as there is nothing tangible to showcase the seriousness of the man at the helm of affairs in the last one year. According to the remark of the Osun State Chairman of the APC, Sooko Tajudeen Lawal, in a statement yesterday, the state has

never had it so bad as the Adeleke administration has been basically falsehood-driven packaged to deceive the unsuspecting members of the public about the achievements of the government. Lawal stated that right from day one in the life of his administration,

Adeleke has shown that he was out on vindictive mission against the opposition APC as he needlessly reversed some of the policies of his predecessor, Gboyega Oyetola who is now the Minister of Marine and Blue Economy.

Minister, Architects, Others Harp on Sustainable Urbanisation in Commonwealth Nations Sunday Okobi

Osoba to Chair Olamiti’s The President of the Commonwealth Association of Book Launch on Thursday Architects (CAA), Peter Oborn, has appealed to governments and Veteran journalist Sir Folu Olamiti, will, on Thursday, November 30, 2023, launch his new book at the University of Ibadan International Conference Centre by 11 am. The event will be chaired by former Governor of Ogun State, His Excellency, Aremo Olusegun Osoba, himself a doyen of journalism in Nigeria. He will be supported by the former Managing Director of Daily Times of Nigeria Chief Tola Adeniyi who incidentally wrote the forward to the book. The Minister of Information

of the state to enforce the law and reclaim drainage setbacks following the expiration of the notices issued.

stakeholders in Commonwealth Nations on the urgent need to implement sustainable urbanisation.

He stated that such action included the need to plan for urban expansion, the importance of integrated urban planning, the role of technology and the use of data. Oborn, who stated these at the Nigerian Institute of Architects (NIA) 63rd Annual General Meeting and Conference in Abuja

recently, also called for knowledge sharing through dialogue and increased opportunities for professional training in urban development. At the event, which was also attended by the Senate President, Godswill Akpabio, represented by, Deputy Senate Leader, Senator

Oyelola Yisa Ashiru; the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, explained that the Federal Government of Nigeria is currently embarking on radical reforms in the sector which is in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Senate Moves to Amend Senior Citizens Act as Agency Laments Poor Funding Sunday Aborisade in Abuja

The Senate Committee on Special Duties yesterday expressed the readiness of the upper legislative chamber to begin the process of amending the Act which established the National Senior

Citizens Centre to enhance its efficiency. The agency was set up in 2018 to cater to the needs of senior citizens; and for related matters in line with section 16. (2) (d) of the 1999 Constitution but it eventually took off in 2022.

The Chairman of the Senate panel, Senator Shehu Lawan Kaka, made the pledge when the Director General of the National Senior Citizens Centre, Emem Omokaro, defended the agency’s 2023 budget before the committee.

Kaka described as unacceptable, the gross underfunding of the agency meant to take care of the elderly in the society. He said the amendment would allow senior citizens to enjoy certain privilege including healthcare and social security.

‘Nigeria Practising Modified Form of Democracy, Not Western Style’

Nigerian society. country and Africa. of the system. Anambra Community Dedicates OkonBasseyinUyo Essien, a one time member Essien, who is also a former “This was an interesting A former federal lawmaker, Hon. of House of Representatives, Minister for Lands, Housing and assessment by former President Civic Centre to Alex Ekwueme Nduese Essien, has stated that reacted during the weekend to Urban Development, said that what Olusegun Obasanjo, but he took

The Oko Community of Anambra State has scheduled to dedicate its remodelled Oko Civic Centre to the memory of the Nigeria’s former Vice President, Dr. Alex Ekwueme, with a colourful ceremony scheduled to take place at the centre on January 5, 2024. Anambra State Governor, His Excellency, Prof. Chukwuma Soludo, an ally of the former VP will be the Special Guest on the occasion to perform the task of declaring the said Alex Ekwueme Civic Centre, open. To this end, dignitaries from across the country

including political associates and family friends of the former VP are expected to witness the epoch making memorial event. Preparatory to the immortalisation of the statesman, a select group of Oko indigenes, known as Ide Memorial Group, led by Chief Handel Okoli, former Special Assistant to President Obasanjo on Special Duties, had provided the financial resources to transform the community’s Civic Centre into a multi-million, multipurpose center to be named Alex Ekwueme Civic Centre.

the presidential style of western democracy being practised in Nigeria is not yet a failure in spite of the contrary opinion shared by a cross section of the

a statement that was credited to former President Olusegun Obasanjo that the western-styled democracy being practiced by Nigeria is not working for the

has been practiced in Nigeria since the return of democracy ìn1999 is not the presidential system of the western democracy but a modified form of democracy by the operators

it out of context with realities on ground. Western style democracy has not failed in Nigeria because we have not practiced it according to the rules.

Gombe Gov Pledges Support for Tinubu’s Food Security Agenda SegunAwofadejiinGombe

The Gombe State Governor, Mr. Muhammadu Inuwa Yahaya, has reaffirmed his administration’s commitment to bolstering President Bola Ahmed Tinubu’s Renewed HopeAgenda on Food Security and

other federal government initiatives. Yahaya stated this yesterday when he received in audience the Minister of Water Resources and Sanitation, Mr. Muhammad Bello Goronyo, at the Government House where he assured that the Gombe State would synergise with

the federal government to achieve self-sufficiency in food production by leveraging available water and land resources. He said that the Renewed Hope Agenda of President Tinubu is compatible with his administration’s development policies as encapsulated

in the 10-year development plan of the state. The governor said: “The Renewed Hope Agenda, which seeks to provide or restore the food security of this country, and improve on it, taking it to higher level, is something that we really align with.

tuesday november 28, 2023 • T H I S D AY

NEWS

SUSTAINABLE URBANISATION ON THEIR MINDS…

L-R: Special Guest of Honour, His Royal Highness Mohammadu Sanusi II, the 14th Emir of Kano; President, Nigerian Institute of Architects (NIA), Mrs. Mobolaji Adeniyi; and Immediate past NIA President, Enyi BenEboh, during the NIA 63rd Annual Conference held in Abuja...recently

NUJ Wants Army to End Dehumanising Travellers on South-east Highways

Emmanuel Ugwu-Nwogo in Umuahia

The Abia State Council of the Nigeria Union of Journalists (NUJ) has called on the Nigerian Army high command to take appropriate measures to end “dehumanisation of travelers” along the Enugu-Port Harcourt Expressway. The council made this call in a 12-point communique it issued at the end of its congress for the

month of November, noting that travelling between Umuahia and Enugu has become an agonising and time-consuming experience. In the communiqué, which was signed by the State Council Chairman, Mr. Victor Ndukwe, and Secretary, Ms. Adaeze Ralph-Igbokwe, the state council said that it was appalled by the untoward activities of soldiers on Southeast highways. It described a situation where passengers in commercial vehicles

Fresh Protests Erupt in Kano Despite Police Warning

Ahmad Sorondinki in Kano

Thousands of youths took to the streets in different parts of the ancient city of Kano State yesterday, protesting against the Appeal Court judgment between the New Nigeria Peoples Party (NNPP) and the All Progressives Congress (APC) in the state. In what appeared a coordinated action, a huge crowd of protesters including men and women stormed strategic locations in the city leading to temporary hiccups in commercial activities. The angry youth barricaded two of the major entrances of the state, as motorists along Zaria and Maiduguri roads were forced to divert to avoid the fierce-looking youth. Some of the protesters at Kantin Kwari market stormed IBB way, carrying different placards with inscriptions: “Calling for Justice for Governor Abba”, “Kano My City My State;” “Abba’s mandate was stolen in 2019”, “hat happened in 2019 would not be allowed to repeat itself now.”

Most of the protesters who were suspected to be members of the ruling NNPP and their sympathisers sang different songs in support of the governor and condemned the alleged injustice done to the people of the state by the appellate court. This is coming on the heels of the police issuing a stern warning to faceless groups who were hell-bent on organising protests and closing all markets in the state over the judgment and the recent remarks credited to the Chief Justice of Nigeria Olukayode Ariwoola on the appeal verdict. However, in the early morning of yesterday, the Kano State Commissioner of Police Mohammed Usaini Gumel, who addressed a press conference, warned any group against staging any form of protest in the state. His words: “The attention of the police command has been drawn to a planned protest by some faceless political groups who are currently hiding under the guise of different lawful associations, one of which is the Kano traders’ association.”

are forced to disembark and trek across army checkpoint for no justifiable reason as sheer humiliation and dehumanisation. “Congress condemns in

very strong terms, the ongoing humiliation and dehumanisation of commuters at some Army checkpoints on Enugu-Port Harcourt expressway,” the

communique said. Apart from the army checkpoint at the NNPC mega station Umuahia, other notorious check points are

located inside Enugu State axis of the expressway, including the checkpoints at Ugwulesi, Akinukwa both in Awgu, Nenwe, Agbogugu and Ituku.

Technology: Buala Calls for Judges’ Conference to Restore Hope of Nigerians

Funmi Ogundare

Former spokesperson of Atiku Abubakar 2023 Presidential Campaign, Daniel Buala, yesterday called for a thorough Judges’ conference that will ensure the use of technology to record and store a judgment to enable a Judge stay consistent with the decision

of the court. The move, he said, would restore the hope of the common man. Buala, who was a guest on the Morning Show of Arise Televieion, spoke against the backdrop of Appeal Court rulings and electoral reforms, explaining that the courts have been drawn to so

many cases as to the delivery of judgments, and added that this has brought disorganisation in the administration of justice system in Nigeria to a point where the confidence of the masses is waning regarding the trust that they have in the judiciary. According to him, “The judiciary is referred to as the

last hope of the common man because over the years, they stood for justice in land matters, criminal cases and all other matters; they have been consistent. However, only in election petition matters that we have these contradictions and conflicting decisions where the courts have given various judgments.”

15,750 Teachers Take Qualifying Exams Nationwide Director, Certification and possess and exhibit, saying this some other states wrote yesterday

Kuni Tyessi in Abuja

No fewer than 15,750 teachers have sat for the November Diet of the Professional Qualifying Examination for teachers across Nigeria. Speaking with journalists during the conduct of the examinations in Abuja, the

Licencing, TRCN, Dr. Jacinta Ezeahurukwe, said the examination would ensure that teachers were licenced before going into the classrooms. Ezeahurukwe said the qualifying examination provided the content at the foundational knowledge that a teacher must

is however contained in the teachers’ professional standards. She, therefore, said the results were expected to be out in two weeks. According to him, “TRCN PQE is taking place all over the country, which started on November 23 in some states,

and today the remaining states are writing. “In all, we have 15,750 teachers writing the examination for the batch B across the country. There was a time we conducted examinations for over 100,000 candidates. Our target is for those that have not registered.

Agency (SEMA), Mr. James Iorpuu, disclosed that arrangements have been concluded by the US government officials to visit the state next year to intervene in the humanitarian crises. Iorpuu, while fielding questions from journalists in his office in Makurdi, explained that

arrangements have reached an advanced stage for the US government officials to formally visit Benue State in January neºxt year for necessary action. According to the SEMA boss, “Benue State has been launched in the global map through the ongoing biometric data exercise

which is being carried out by international organisations to ascertain the actual number of the IDPs in the camps. “We’re happy that the international communities are aware of the Benue State IDP situation through the biometric data exercise.”

US Officials to Visit Benue over Internally Displaced People

George Okoh in Makurdi

The United State Government has planned to visit Benue State over the humanitarian situation in the camps of displaced people in the state. The acting Executive Secretary, State Emergency Management

Expert Urges Telcos to Operate Responsibly, Comply with Laws Yinka Kolawole in Osogbo

The Director of Projects and Data Management of the Global Transaction Nigeria Limited (GTNL), Ms. Morenike George-Taylor, yesterday urged telecommunications companies

to always operate in line with federal and state laws. George-Taylor also noted that critical infrastructure bill protection should only apply to companies that complied with the law. The GTNL is a

company saddled with the responsibility of ensuring that telecommunications infrastructure complied with the environmental laws of Osun State. George Taylor told journalists in Osogbo that “the passage of

the critical infrastructure bill has been a debate in Nigeria for over 15 years and there are several reasons telecommunications companies have contributed so much to Nigeria’s GDP growth and broadband penetration in the past few years.

Kogi APC Campaign Council Tackles SDP Over Utterances on INEC Ibrahim Oyewale in Lokoja

The All Progressives Governorship Campaign Council (APGCC) of Kogi State Chapter of the All Progressive Congress (APC) has called on the general public to hold the state’s chapter of the Social Democratic Party (SDP) responsible for any untoward

incident that might befell the Independent National Electoral Commission’s (INEC) office in Lokoja. The campaign council said that the APC is convinced that the false alarm raised by the SDP over a purported planned attack on the INEC office was to cover up the party’s sinister motive of

razing down the office and turning around to blame it on the APC “as they know they have no evidence to substantiate their characteristic lies about the credibility of the Kogi State Governorship Poll that has been adjudged as the best in the democratic history of our dear state.” The Director of Media and

Publicity/Spokesperson of APGCC, Mr. Kingsley Fanwo, said in a statement that was released yesterday’s night that “their (SDP’s) clandestine move to cover up their propaganda-fuelled claims about the election is well documented as we call on security agencies to fortify security around the offices of the INEC across the state.

Medical Consultants Advise on Prostrate Cancer, Menopause Pains HammedShittuinIlorin

Medical experts have esteemed for modified lifestyle and improved diet intakes above medical treatment in order to curtail the spread of prostate cancer and pains of menopause among men and women in the

country. Three senior medical consultants from University of Ilorin Teaching Hospital (UITH) Ilorin, Kwara State, namely Dr. Lola Owolabi, Dr. Oseni Ismaila and Dr. Aremu Iziak made these suggestions during the 2023 press week of the correspondents’ chapel

of the state council of the Nigeria Union of Journalists (NUJ). The three medical consultants spoke on two health talks: Menopause and Prostate Enlargement. Dr. Owolabi had listed pains in women at the age of menopause to include weak bones, vaginal

dryness that may ensure painful sexual intercourse, mood changes, loss of air and depletion of hormones. She also added slow digestion, loss of voice, profuse sweating, pubic hair fall off and loss of elasticity of urinary bladder and uterus collapse to the accompanied pains.

T H I S D AY • TUESDAY, NOVEMBER 28, 2023

TUESdaysports

Group Sports Editor: Duro Ikhazuagbe Email: duro.ikhazuagbe@thisdaylive.com

0811 181 3083 SMS ONLY

Oshoala, Nnadozie Make Final Shortlist for CAF Awards

Femi Solaja

The Confederation of African Football (CAF) has announced the final shortlists for the women’s categories of the 2023 CAF Awards with Asisat Oshoala and Chiamaka Nnadozie making the cut. In the Player of the Year category, the Barcelona Femeni forward will battle with her France-based compatriot, Nnadozie as well as Zambia’s Barbara Babanda, and South Africa’s trio of Andile Dlamini, Hilda Magaia and Thembi Kgatlana for the individual accolade. Others in the running for the top prize include; Cameroon and Inter Milan Ladies star, Ajara Njoya and the Morocco trio of Anissa Lahmari, Fatima Tagnaout, and Ghizalaine

Nnadozie (left) and Oshoala in the race for Africa’s top prize in women’s football Chebbak who plays professional football at AS FAR. Unfortunately, industrious Uchenna Kanu – who is among

the breakout stars in the year under review – will have to wait till another time to fancy her chances of getting decorated as

Africa’s best player. It was a double delight for goalkeeper Nnadozie who headlines the Goalkeeper of the Year group. Although she is an outstanding favourite to win, she must negotiate her way past the Morocco duo of Imane Abdelahad and Khadija Er-Rmichi and South Africa’s Andile Dlamini plus Kaylin Swart. Nigeria has two stars in the Young Player of the Year category namely: Esther Ajakaiye and Deborah Abiodun. Nonetheless, they face a stiff challenge in Ghana’s Comfort Yeboah, Morocco’s Nesryne El Chad, and South Africa’s Thubelihle Shamase. Super Falcons handler to the FIFA Women’s World Cup, Randy Waldrum will challenge Mehdi El

Qaichouri (SC Casablanca), Reynald Pedros (Morocco), Desiree Ellis (South Africa), and Jerry Tshabalala (Mamelodi Sundowns) for the Coach of the Year accolade. Elsewhere, Morocco, Nigeria, Senegal, South Africa and Zambia will slug it out for the National Team of the Year award. According to CAF, the winners of each category will be determined after the votes of a panel composed of the CAF Technical Commission, media professionals from Member Associations, head coaches, and captains of Member Associations including clubs involved in the group stages of interclub competitions. The awards ceremony will hold on Monday, December 11, 2023, at the Palais des Congress Movenpick,

in Morocco.

Player of the Year (Women) 1. Ajara Nchout Njoya (Cameroon, Inter Milan) 2. Anissa Lahmari (Morocco, Levante) 3. Fatima Tagnaout (Morocco, AS FAR) 4. Ghizlaine Chebbak (Morocco, AS FAR) 5. Asisat Oshoala (Nigeria, Barcelona) 6. Chiamaka Nnadozie (Nigeria, Paris FC) 7. Andile Dlamini (South Africa, Sundowns) 8. Hilda Magaia (South Africa, Sportstoto) 9. Thembi Kgatlana (South Africa, R’Louisville) 10. Barbara Banda (Zambia, Shanghai Shengli)

Razzl Becomes the Exclusive Official AFCON 2023 Soft Drink Brand

L-R: SuperSport Presenter, Mozez Praiz; Ex International, Victor Ikpeba; Chief Executive Officer, Ultimum Limited, Austin Ufomba; Ex Internationals, Peter Rufai and Julius Aghahowa, at the media briefing to announce Razzl as the Official Soft Drink Photo: Etop Ukutt Brand for the Africa Cup of Nation 2023

Razzl, the vibrant beverage product of Ultimum Limited has announced its prestigious partnership as the Exclusive Official Soft Drink brand of the Africa Cup of Nations (AFCON) 2023 in Côte d’Ivoire. Speaking at the unveiling of Razzl as partners of one of the most anticipated soccer events in Africa yesterday in Lagos, the Chief Executive Officer of Ultimum Limited, Mr. Austin Ufomba, stated that as the exclusive official soft drinks brand of AFCON, Razzl will infuse the tournament with enthusiasm, energy, and refreshing beverages. Former Super Eagles players like Peter Rufai, Victor Ikpeba, Julius Aghahowa and SuperSports’ Mozez Praiz were amongst the football personalities that witnessed the unveiling of the brand. “We are honoured to play a role in enhancing the overall experience for players, fans and everyone who cherishes the beauty of football. Through this partnership, we aim not only to quench thirst but also to ignite excitement and create an atmosphere that allows football fans to LIVE THE MOMENT. We want to be more than just a brand on the sidelines; we want to be a part of the celebrations, the victories, and

the exhilarating moments that define this tournament,” he said. Ufomba stressed that the AFCON tournament with over 500million viewership across the globe has become a very successful asset that “ties in well with our brand’s vision and aspirations to become a Pan African brand.” “Razzl is a brand of carbonated soft drink with unique taste and sensation that has been launched across Africa including Nigeria and is already making remarkable footprints across the continent. Razzl is not just a drink; it is a celebration of freshness, an attitude and an inspiration to discover oneself, be original and to be on the spotlight.” While describing the remarkable collaboration as a significant milestone that aligns with the brand, Ufomba said the partnership highlights the commitment by Razzl to create memorable experiences, celebrate the love for football, and contribute to an electrifying ambiance that unites fans in their passion for the game. “Razzl's collaboration with CAF signifies an exciting opportunity to connect with diverse audiences through innovative activations to resonate with the tournament's fervour.”

Tonight’s PSG Clash with Newcastle is Like Final, Says Enrique AFCON 2023: Lack

Paris St Germain (PSG) will approach their UEFA Champions League game at home to Newcastle United like a final, manager Luis Enrique announced yesterday. PSG find themselves in a delicately poised Group F, where all four sides can still progress, and will hope to make use of home advantage in tonight’s game in Paris. "The Parc des Princes will carry us; I expect a great atmosphere. We really need the fans, we need a warmer and more passionate stadium than normal," Luis Enrique told a press conference yesterday. "We will play this game like a final. At this level, home games are key matches. The public is a

U E FA C H A M P I O N S L E AG U E special asset for us, we expect incredible support." PSG lost 4-1 when they played Newcastle in October, and after the Premier League side's 4-1 win over Chelsea on Saturday, Luis Enrique is preparing for another tough challenge. "They're very strong physically, they're able to press hard and very high, there's a lot of intensity. "If you saw their last game against Chelsea, the physical date is still at that level. We know that will be the case again on Tuesday (today), we will have to be ready." PSG have won their last six

league games to take them top of Ligue 1, but the manager still expects more from his side. "The team is still not what I want it to be, but we're in a process of discovery, we can get even more out of our players, and we can go even further," Enrique said. "But I like what I see already. There is already a lot of satisfaction but still a lot of room for improvement." Just three points separate group leaders Borussia Dortmund from bottom club Newcastle, but PSG can secure progress if they defeat the English side and AC Milan fail

It’s Govt College, Umuaja SS Zenith/Delta Principals’ Cup Final Government College Ughelli and Umuaja Secondary School have qualified for the final of the 2023 edition of the Zenith Bank/Delta Principals’ Cup competition. The two semifinal matches were decided yesterday in the youth developmental football tournament open to all secondary schools in Delta State.

At the Agbor Stadium, Umuaja Secondary School defeated Illah Grammar School 4-2 on penalties after full time score stood at 1-1. In the second semifinal held at the Oleh Stadium, the encounter between Government College Ughelli and Institute of Continue Education could not end after full time. It ended 1-1 with spectators on the edge of their seats for the

penalty shootout which Ughelli side won 7-6. The stage is now set for the two teams to meet on Thursday November 30at the Stephen Keshi Stadium, Asaba where the winner of the 2023 edition will emerge. Before then on same day and in same stadium, ICE and Illah will clash in the Third Place match of the tournament.

to win against Dortmund. "We're in a difficult, tight group, Tuesday (today’s) match is decisive since the group can be decided after the fifth matchday," Luis Enrique said. "But everything could also be decided on the last day, but I know my team is ready for Tuesday and can do great things." PSG are second in Group F on six points, one point behind Dortmund and one point ahead of Milan, with Newcastle on four points.

TODAY Lazio v Celtic Feyenoord v Atletico AC Milan v Dortmund PSG v Newcastle Man City v RB Leipzig Y’Boys v C’Zvezda Shakhtar v R’Antwerp Barcelona v Porto

Wednesday Galatasaray v Man Utd B’Munich v Copenhagen Sevilla v PSV Arsenal v Lens R’Madrid v Napoli Sc Braga v U’Berlin Benfica v Inter Sociedad v Salzburg

of Cohesion in Eagles Worries Siasia

Duro Ikhazuagbe

Former Super Eagles Head Coach, Samson Siasia, has expressed his worries over the lack of cohesion in Jose Peseiro’s squad bidding to win the AFCON 2023 starting next January in Côte d’Ivoire. Siasia who is the only Nigerian coach to have led the Dream Team to silver and bronze medals at the Olympic Games revealed his worries in a chat with Sportsville, aired on Channel TV on Sunday. Siasia whose ban by FIFA will expire August next year said though the current Super Eagles are made up of quality players however do not play as a unit. "Like the majority of Nigerians, I am worried about the Eagles lacklustre performances so far. Struggling against countries like Lesotho and Zimbabwe not a good signature of a team ready to win the Africa Cup of Nations as well as qualify for the 2026 World Cup. "Let us not deceive ourselves, we cannot be the best in Africa with this disorganised team. Our players must be made to understand what it means to wear the green and white jersey of the nation while the coach also needs to improve on the tactical approach.

"It will be too painful if, with the quality of players at our disposal, we don't win the AFCON or fail to pick a World Cup ticket, shortly after missing qualification for Qatar 2022 World Cup. "I was in Uyo to watch the Lesotho match. What I saw were players running around without a game plan. This does not speak well of a team that has so much potential,” observes the ex international. The 1994 Nations Cup winner also has a word for the Nigeria Football Federation. "We can do better by not owing the coaches. The NFF should do everything possible to ensure that issues of outstanding salaries are sorted out well before next year's AFCON. We must avoid any distraction to make the team concentrate," he explained. On his possible return to handle the Eagles, the Bayelsa-born coach said he will be open to such an offer when his ban is over. "Nigeria is my country and I am ready to serve her to the best of my ability when the opportunity arises. Right now, I am set to attend a couple of coaching courses abroad in the coming weeks and when that is done, I will be readily available for any opportunity,'' he concluded.

Tuesday, November 28, 2023

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YIAGA Africa to Nigeria

“What we are grappling with, is institutional capture. Independent National Electoral Commission (INEC) has been captured, we have said this several times. There is a reason why politicians are appointing individuals into INEC. Do you think it is accidental? No, it is for a particular reason. The most important reform that Nigeria needs is character reform” --- Executive Director of YIAGA Africa, Samson Itodo, berating the political class for disrupting electoral process and bribing the judiciary.

TUESDAY WITH REUBENABATI abati1990@gmail.com

Fixing The Power Sector F

ollowing the three-day retreat held for Ministers, Special Advisers, Permanent Secretaries and heads of Agencies and Departments by President Bola Tinubu, rather belatedly, three weeks ago with the theme: “Delivering on the Renewed Hope Agenda” some of the Ministers have been jumping up and down, as if the Retreat was the shot in the arm they needed to shift out of their slumber. We have seen quite a number of body movements lately: from the Minister of Aviation and Aerospace, Festus Keyamo, telling the heads of agencies and parastatals under his Ministry that whoever wants to sabotage him through non-performance would be fired. The Minister of Women Affairs, Uju Kennedy-Ohanenye has also made a big show of launching tricycles and sewing machines to empower women – the Pink Riders Transport Scheme. Candidly, I don’t know how many women ride tricycles across Nigeria, but it is the pattern around here that policies are often rolled out without thought or reason or prior research. The Minister of Arts, Culture and Creative Economy, Hannatu Musawa has also launched a road map for the cultural sector. But the Ministry that is the focus of this piece is Power, and its new Minister, Adebayo Adelabu, grandson of the inimitable legend, Adegoke Adelabu, a stormy petrel of Nigeria’s First Republic/Ibadan/ Western region politics and brilliant author of the book, Africa in Ebullition. It must have occurred to Adebayo Adelabu that as Power Minister, he too must be seen to be doing something. So, shortly after the Presidential retreat, he called a press conference where in a copy-cat manner, he read out a riot act to the heads of agencies under his Ministry with the tone of condescension already copyrighted by Festus Keyamo: anybody that does not support me will be fired! President Tinubu may have to call the mini-Emperors, closet Headmasters, in his cabinet to order. Going about intimidating people with threats is not how to be a Minister. One Minister has even turned himself into a quasi-military administrator of the Federal Capital Territory! However, Minister Adelabu has shown some enthusiasm for the job, and he should be advised on the basis of the things that he has said. On November 8, he told his audience, in addition to the afore-mentioned threat that (2) President Tinubu has directed that stable electricity supply must be achieved before anyone can raise the issue of cost-reflective tariff, which should have been done before now, but with the present administration having removed fuel subsidy, it would be politically inexpedient to add to the people’s burden by increasing electricity tariffs. Hence, the Federal Government is subsidizing electricity up to N70 per kilowatt hour whereas the actual cost should be about N130/N140 per kilowatt hour. Indeed in 2015, President Buhari disallowed the Multi-Year Tariff Order (MYTO). And (3), the Minister said it is shameful that Nigeria is generating just about 4,000 MW. Previously, he had promised that under his watch, Nigeria should have 20, 000 MW of electricity supply by 2026; (4) he promised to investigate the legality of the five-year license extension of the licenses given to Discos and Gencos which expired on October 31, 2023, and (5) he talked about government playing a more central role in the electricity sector. “I am determined to make impact”, he reportedly said. I like his enthusiasm, but that is not enough. I have seen at least one detailed commentary, on aspects of the Minister’s rhetoric, notably Ijeoma Nwogwugwu’s “Penkelemesi in The Power Sector” (ThisDay, back page, Nov. 13). I want to add my voice to the conversation that my big worry is that Minister Adelabu has been sounding too strident as if he is a regulator. No, he is not, and he has to resist the temptation to keep sounding as if he is from the Moon. The remit of the Minister is policy and helping to provide an enabling environment for the sector to thrive. Nigeria needs a reform-minded Minister in

President Bola Tinubu the power sector. The Minister needs to break the jinx, and so, he cannot afford to gamble. The road map for the electricity sector in Nigeria was put in place from Obasanjo to Jonathan as Presidents. The latter kick-started a comprehensive reform. But under President Buhari the privatization and deregulation process got truncated, mismanaged, turned upside down. Nothing worked because there was no proper coordination in the whole of eight years. Nigeria would need a minimum of about 42, 000 MW to jump-start anything but here we are, at the level of 4,000 MW, far behind most African countries and yet our electricity needs, given our population, far outstrips the African average. South Africa with a population of 57.3 million people generates about 41, 194 MW and that is not even enough for it. The Minister is right when he describes the situation as shameful. It is embarrassingly obvious however that he has not been talking to industry stakeholders. Nigeria is not short of ideas. What we lack is effective implementation. He needs to set out by finding out what the problems are. Managing the electricity sector is a specialized job, and there are people in this country who know where the corpses are buried, and who the members of the dangerous cabal in that sector are. The more he talks, the more the cabal people will plot against him. He must ask questions from the regulatory agencies also: what is their roadmap? What happened to the original road map? He should study the terrain and simplify the issues through rigorous consultations. Why for example has the Electric Power Sector Reform Act of 2005, not worked? Who are the perpetrators of impunity, lapses and sabotage within the sector? Then he must clear the table: Nigeria’s electricity sector is corrupt. All the people feeding fat at the people’s expense, be they government officials or contractors, must be identified and sanctioned through a proper, preliminary audit of performance within the value-chain. Minister Adelabu can learn from the experience of two previous Ministers. He knows Bola Ige, SAN, orator, lawyer, statesman who was Minister of Mines and Power (1999 – 2000). Upon assumption of office, Bola Ige of the Alliance for Democracy (AD), working for Obasanjo’s People’s Democratic Party (PDP) government boasted that he was going to fix Nigeria’s electricity problems in six months. He underestimated the problem. Those were the days of National Electric Power Authority (NEPA). It is commonly agreed that Bola Ige was sabotaged by the generator importers and contractors who

were making humongous profits from Nigeria’s inefficiency. Chief Ige later became the Attorney General of the Federation and Minister of Justice but his tenure in the Ministry of Mines and Power was a low point in his otherwise sterling career in Nigeria’s public space. The Obasanjo administration spent over $12 trillion on the power sector in eight years. Everything went down the drain. Years later, when former Governor of Lagos, Babatunde Raji Fashola was appointed by President Muhammadu Buhari as Minister of Power, Works and Housing, and some people started suggesting that he had promised that he too would fix Nigeria’s power supply in six months, he quickly rushed to the media to say that he never said so. Buhari spent eight years but Nigeria still faces the crisis of epileptic power supply. In fairness to Fashola though, he prioritized consultation with stakeholders. He held regular sectoral meetings, even if those meetings eventually degenerated into conflicts between him and the distribution companies (DISCOs), but those meetings offered him a better understanding of the sector, even if the challenges in the sector were overwhelming. Adelabu must proceed with a sense of history. There are other stakeholders in the sector that should be consulted: Dr. Ransom Owan, Dr Sam Amadi, both formerly of the Nigerian Electricity Regulatory Commission (NERC), Ambassador Godknows Igali, former Permanent Secretary of the Ministry of Power, Engr. Beks Dagogo-Jack, former Chairman of the Presidential Task Force on Power and co-Chairman of the Committee on Gas to Power (2012 - 2014), Professor Chinedu Nebo who handed over the assets of the Power Holding Company of Nigeria (PHCN), successor of NEPA, to private investors in November 2013, Rilwan Lanre Babalola who was Minister of Power 2008 to 2010, and a host of others. They are in a position to show him where the corpses are buried in a sector that is practically a graveyard of hopes and aspirations! In his time, Professor Nebo, who is a man of the cloth promised that he would drive away the evil spirits in the power sector. Those evil spirits defied Nebo. They are still there. The Minister also needs to find out what happened with the Rural Electrification Agency which became a cesspool of corruption. Every Minister comes along with the promise to improve electricity supply but the only people who benefit from all the investments are corrupt people within the value chain. It has become fashionable to blame the DISCOs, who occupy the last mile of electricity delivery, but the problem is not with the DISCOs. Has the Minister bothered to find out what happened or is happening to the Transmission Company of Nigeria (TCN)? The Nigerian Government appointed Manitoba, a Canadian Company to manage power transmission in Nigeria – a management contract of over $200 million. Money was released to Manitoba but the company was never allowed to function. It could not execute all the projects that it was supposed to manage and deliver upon. Manitoba has since left Nigeria out of frustration. The Transmission Company is now unfortunately in the hands of government officials, the same old NEPA officials whose cognomen is “Never Expect Power Always.” There must be an audit of TCN as soon as possible, and an urgent probe of all persons who have subverted government policy. Nigeria cannot continue to move from darkness to darkness – the unfortunate reality that we are dealing with is that there are incompetent people in the value chain. And how effective is the interface between TCN and the GENCOs and DISCOs? What happened to loans disbursed in the past? The other major challenge is the supply of gas. The Governor of Niger State has been asking for a share of the derivation fund because his state hosts hydro dams, and he thinks his people deserve more from the national cake because of the hydro dams in Kainji, Jebba, and Shiroro in his state. Some of these Nigerian Governors and Ministers sound like they just left primary school, but that is not the focus of this

piece today. The truth is that in the power sector, the main source of power is gas-fired power – that is thermal power which relies on natural gas to generate electricity – about 85% gas as opposed to 15% hydro. Nigeria’s thermal plants include Olorunsogo, Geregu, Egbin, Omotosho, Afam, and Sapele. But gas supply is a problem, a big constraint for the GENCOS, in part because gas supply has not been decoupled from oil. President Bola Ahmed Tinubu has been discussing the power sector with the Germans. Olaf Scholz, the German Chancellor was in Nigeria on a state visit in October. Nigeria and Germany have had strong bilateral relations for more than 60 years. Recently, President Tinubu also travelled to Germany to attend the Compact with Africa summit on the sidelines of the G-20 meeting. He and Chancellor Scholz met again and one of the issues they discussed was Nigeria’s power sector and specifically Nigeria’s deal with Siemens, the German company with which the Buhari administration entered into an agreement – a three-phase plan to provide electricity in Nigeria. The agreement was signed under what was called the Presidential Power Initiative (PPI). By that plan it was expected that by 2023, Siemens would have provided up to 11, 000 MW. We are at year-end. That has not happened. Even the idea of mini-grids has not worked. Siemens is an equipment company, not a Transmission company, not a DISCO, but everyone refers to how that company has helped the electricity generation process in Egypt. Siemens has not worked well here because it is mired in Nigeria’s complex web of zero transparency and lack of accountability. As it turned out, Nigeria started adding other things, talking about local content. Which local content? What does Nigeria produce as local content in the electricity sector? Then, COVID-19. Then the Russia-Ukraine War. And then, no magic from Siemens. The German Chancellor reportedly told President Tinubu that generating the electricity is not the problem but Nigeria has to follow through at its end. He was absolutely right. Everything is about us. We have to follow through. Minister Fashola managed to plug some missing links in distribution because he paid attention. Adelabu must pay attention to details. What is the way forward? The Minister must sit down with stakeholders. When they call him, he should have enough presence of mind to return their calls. He is holding a public office, not a private office. He must also work hard to dismantle the cartels in the sector. The industry needs to be more investor-friendly, and it is the duty of the Ministry to create an enabling environment. In addressing petty corruption in the sector, government also needs to focus on energy theft. More than 50% of the meters supplied so far to consumers are being by-passed. Nobody really wants to pay for electricity because the chaos in the sector is well known. To break the jinx, the TCN must be handed over to concessionaires. TCN and the Nigerian Gas Company are controlled by government. It is not clear how the industry can make progress if government continues to constitute itself into an obstacle. The Minister wants to review the extension of licenses. If he had done his home-work, he would have discovered that the extension is the result of a mutual agreement between government and the DISCOs – both parties having failed to fulfil their own parts of the bargain since 2013. Going forward, the Tinubu administration must come up with a National Position on Power beyond the general statements in the 2023 election campaign manifesto. At pages 30 to 32 of the Renewed Hope Manifesto, Tinubu promised to eliminate the disconnect between generation and distribution, provide support for meter asset providers, investment for power in rural areas, power sector governance reforms, and what is generally described as “Nigeria First Power Policy.” I suggest that the President should set up a National Council on Power Reforms which will report directly to him, to begin a much-needed conversation about and around the electricity sector.

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