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At Easter, Tinubu celebrates with Christians, calls for unity

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President Bola Tinubu has joined the Christian faithful to commemorate Easter, a significant moment and glorious celebration of the triumph of life over death.

This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Friday in Abuja.

He said  the President greeted Christians in Nigeria and around the world on this occasion, emphasising love, sacrifice, and compassion as the patent themes of this solemn season.

Ngelale said that Tinubu noted the sacrifice of Jesus Christ for humanity as a lesson for leaders and Nigerians to yield to selflessness and compassion, and be steadfast in the pursuit of a united, peaceful, and prosperous nation.

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He said the President commended Nigerians for the sacrifices they made in the past few months for the nation to be steered to the path of recovery and sustainable growth.

”The President is assuring Nigerians that the seeds of patience which they have sown are beginning to sprout and will in no time, bring forth an abundance of good fruits.

”As Christians celebrate the victory of life over death as exemplified by the resurrection of Christ, President Tinubu assures all citizens that Nigeria will triumph over its challenges as his administration remains firmly committed to this end,” Ngelale said.(NAN)

By Ismail Abdulaziz

Tinubu wishes Nigerians, Happy Easter

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President Bola Tinubu has joined the Christian faithful to commemorate Easter, a significant moment and a glorious celebration of the triumph of life over death. 

According to a statement signed by Ajuri Ngelale, Special Adviser to the President (Media & Publicity), the President warmly greets Christians in Nigeria and around the world on this occasion, emphasizing love, sacrifice, and compassion as the patent themes of this solemn season.

 
In the statement made available to NEWSDIARYONLINE, Ngelale said, “President Tinubu notes that the sacrifice of Jesus Christ for humanity is an emphatic lesson for leaders and all Nigerians to yield to selflessness and compassion, and be steadfast in the pursuit of a united, peaceful, and prosperous nation.

“The President strongly commends Nigerians for the sacrifices they have made in the past few months for the nation to be steered to the path of recovery and sustainable growth, assuring them that the seeds of patience which they have sown are beginning to sprout and will in no time bring forth an abundance of good fruits..

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As Christians celebrate the victory of life over death as exemplified by the resurrection of Christ, President Tinubu assures all citizens that Nigeria will triumph over its challenges as his administration remains firmly committed to this end, Ngelale said, concluding, “The President wishes Nigerians, Happy Easter.”

Senate Leader celebrates Tinubu at 72

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The Leader of the Senate, Opeyemi Bamidele has felicitated  President Bola Tinubu on his 72th birth anniversary, describing him  as a timeless doyen.

This is contained in a statement titled “Ode to People’s President” , personally signed by Bamidele and made available to newsmen in Abuja on Friday.

“Today, I celebrate a timeless doyen of democracy and an astute mentor of many leaders, President Bola Tinubu.

“By global standards, Asiwaju is truly a man of the people and the visionary of our times, who devoted his life to pursuing the greatest goods to the greatest number of people”,he said.

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According to him ,serving the people had  been the core of the President’s  heart and life from when he was a boardroom guru in the 1980s to when he joined partisan politics in the 1990s.

“Born on March 29, 1952, Asiwaju’s foray into politics in 1991 was never a mistake, though it came with a huge sacrifice that cost dearly.

“As a Senator of the Federal Republic of Nigeria, I celebrate how Asiwaju firmly stood with the people rather than dining with the military oligarchy that annulled the outcome of the June 12, 1993 presidential election ostensibly won by Chief M.K.O Abiola (now of blessed memory).

“At 72, as the President of Nigeria, Asiwaju has brought rare conviction and passion to the business of public governance, courageously daring the forces of regression and tirelessly pursuing the interests of over 227 million regardless of their faith, ideology and race.

“The task is truly daunting, but the victory is undoubted. Only within 10 months of Asiwaju’s ascendancy to the presidency, we have started witnessing the dawning of economic restoration and the ray of political renaissance under his watch.

“As I nostalgically reflect on the journey so far, I remember his labour and toiling for our fatherland, even when most misunderstood. I remember his undying passion to lead the path to a greater nation, even when the future looks so bleak and always unsure.

“That is the reality in our fatherland today. Asiwaju is at the forefront of that reality. And we are all witnesses to this history, even from its making to its maturation”,he said

Bamidele prayed  God to  grant the President  longer life and inner strength “to steadily paddle the ship of our nation to the coast of endless ecstasy.”(NAN)

By Naomi Sharang

Winding back the hands of the clock, By Dan Agbese

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For forms of government, says the poet, let fools contend. Nearly 64 years after independence from British colonial rule, we are still contending with

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For forms of government, says the poet, let fools contend. Nearly 64 years after independence from British colonial rule, we are still contending with a form of government best suited to our country. Some eminent Nigerians, one of whom is the much respected Chief Anyaoku, former secretary-general of the Commonwealth, want us to discard the presidential system and revert to the parliamentary system Britain bequeathed to us at independence. They want a new constitution for the country because the current constitution would not be suitable for the parliamentary system they are advocating.

We contend, not because we are fools but because our leaders at various times believed that there is a unique system of government waiting to be discovered and which will, with all things being equal, help Nigeria make the leap from a potentially great nation to a great nation in law and in fact. It is always back and forth in our country. Follow me for a brief tour of our long but fruitless search for that unique system. If the ancient Greek gave the world democracy Nigeria could also give the world a modern alternative to that ancient system of government. Here we go. 

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In 1966, our first military ruler, the late Major-General J.T.U. Aguiyi-Ironsi, appointed a technocrat, Francis Nwokedi, as a one-man panel to recommend to him the measures he needed to take for the “establishment of an administrative machinery for a united Nigeria.” He did not explicitly say so, but Ironsi believed that the parliamentary system needed tweaking to beat the fractious regions into a united country. The general settled for and replaced the federal system with a unitary system.

In the heat of the political crises in 1966, General Yakubu Gowon took Ironsi’s uncompleted job further when he appointed an ad-hoc constitutional conference made up of representatives of the four regions to consider four options for a new constitution as a glue to hold the country together. These were “a federal system with a weak central government, a federal system with a strong central government, a confederation and an entirely new arrangement which will be peculiar to Nigeria, and which has not yet found its way into any political dictionary.”  

The unfolding crises did not allow the ad-hoc constitutional conference to engage fully in the search. The came General Murtala Ramat Muhammed. He appointed a 50-man constitution drafting committee headed by the late F.R.A. Williams, to draft a new constitution for the country. The late Chief Obafemi Awolowo refused to serve on the committee. So, 49 wise men did the job. 

Muhammed told the committee to do away with the parliamentary system and devise a constitution that would “eliminate cut-throat political competition based in a system of winner-takes-all.” He wanted a new constitution that would also “discourage institutionalised opposition to the Government in power and, instead, develop consensus politics and Government based on a community of all interests rather than the interests of sections of the country.” 

He wanted a system in which the president would be the father of the nation. The wise men followed his script and produced a draft constitution ratified by the constituent assembly that became the 1979 constitution. The new constitution moved the country from the parliamentary to the executive presidential system similar to what obtains in the United States of America.

Our search was not over. After four years and three months with the new system, the military men returned to power. They were arguably dissatisfied with the new system or how the civilians operated it. After he ousted Major-General Muhammadu Buhari, General Ibrahim Babangida began the search once more for that elusive system. He set up a political bureau headed by an educationist, Samuel Cookey, and charged it with finding that system. He told the bureau that his administration did not “want a regurgitation of the political models of the so-called advanced countries of the world (because) we cannot, indeed we must not, lift foreign models (because) we share neither the political history nor the political cultures of these lands.” 

The bureau did not find the system Babangida believed was waiting to be discovered. It took us back to the executive presidential system. So, here we are. Our country has had a surfeit of constitutions in its nearly 64 years as an independent nation. Three years after the British left, we replaced our independence constitution with the republican constitution. The 1979 constitution became the model for the 1988 constitution, the Abacha constitution of 1996 and the current constitution birthed by the General Abdulsalami Abubakar administration in 1999.

            The eminent Nigerians pushing for the country to wind back the hands of the clock mean well. But they miss the point. TheGuardian editorial of March 24, 2024, was a reply to the agitation by the eminent Nigerians. This country has been a political laboratory for most of its independence. Our gain is a confused system such that we do not quite know if we are running a federal system, a unitary system, or a combination of the two that is strange to the political dictionary. We cannot continue with marching forward and marching backward because we are dissatisfied with how the system is operated. Neither the executive presidential system nor the parliamentary will on its own birth a perfect system and a perfect constitution. A perfect system of government and a perfect constitution do not exist. 

Our reversion to the parliamentary system will not solve our political, economic, and social problems. A constitution, perfect or not, is a tool of governance.  No more and no less. How it is used depends on those entrusted with using it to achieve the desired national objectives in a country’s political, economic, and social development. The challenge we have is how to make the system we have work for us as a nation in advancing our development in the critical areas of human progress. Every constitution and all forms of government are prone to abuse by those who operate them. We have laws to prevent the crass abuse of the system, but they are emasculated by those who run the system at national and sub-national levels. The African big man does not believe he is bound by laws that make the community of interest possible.

To move forward, we need to pay attention to three fundamental problems that afflict us as a nation. One, we need to re-examine the current stifling military federalism that has imposed on the nation a system of government that is strange to true federalism and the best practices in that form of government. No nation operates a hybrid system of government. 

Two, we must find the will to restructure the country and allow our federalism system to breathe. Restructuring is long overdue. A system that allows 811 governments to feed from the same trough weakens both federalism and democracy. Restructuring will help us place the local government system where it belongs as an administrative system funded by the state governments.

Three, we need to re-examine, in the light of our experience so far, the role of the political parties in our leadership recruitment process and in our national development. Fluidity in the system with the to-ing and fro-ing by politicians in search of greener pastures incapacitates the entire system as a critical element in our national development. We must get this right if we desire to make meaningful rather than cosmetic progress in our national development. We must stop blaming the system and admit that we are where we are because we are who we are.

TheGuardian editorial in its issue under reference, argued, and it is difficult to disagree with the newspaper, that “For Nigeria, the choice between presidential and parliamentary systems remains only a gamble if politics continues to be essentially transactional and without adherence to integrity, transparency and accountability.”

Blame the work men; absolve the tool.

Makinde urges Christians to practice Christ’s love

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Gov. Seyi Makinde of Oyo State has urged Christians to put into practice,  the lessons of love and sacrificial living of Jesus  Christ.

This is contained in an Easter message through his Chief Press Secretary, Mr Sulaimon Olarewaju on Friday in Ibadan.

Makinde urged Christians to use the special occasion of Easter to pray for the leadership of the country.

The governor, while congratulating Christians on witnessing another Easter season, noted that it had become important to engage in more prayers and supplications for the country amid current economic situations.

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He equally charged Christians to imbibe the lessons of love and sacrificial living taught through Jesus Christ’s death and resurrection.

“I also want to use the opportunity to charge Christians to follow Christ’s examples of love, selflessness and sacrificial living, as exemplified by his death on the cross of calvary and resurrection.

“I equally call on all residents of the state to be vigilant and security-conscious as they celebrate Easter,” the governor said. (NAN)

By David Adeoye

One person declared wanted by DHQ surrenders

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Clement Oghenerukevwe Ikolo, one of the eight suspects declared wanted by the Defence Headquarters (DHQ) in connection with the murder of 17 army personnel at Okuama in Delta, has surrendered to the police.

The Police Public Relations Officer in the state, SP Bright Edafe, confirmed the development in Asaba on Friday.

Ikolo, said to be a traditional ruler, handed himself to the police on Thursday.

The News Agency of Nigeria (NAN) reports that the seven others declared wanted by the DHQ include Akevwru Daniel Omotegbono, aka Amangben, Prof. Ekpekpo Arthur, Andaowei Dennis Bakriri, Akata Malawa David, Sinclear Oliki, Reuben Baru, and a woman, Igoli Ebi.

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The 17 personnel killed in Okuama include the Commanding Officer of 181 Amphibious Battalion, two majors, one captain, and 12 soldiers.

They were buried in Abuja on Wednesday at a ceremony attended by President Bola Tinubu, Governors, Speaker of the House of Representatives, and service chiefs, among others. (NAN)

By Clara Egbogota

Fayemi extends greetings to President Tinubu on birthday

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Dr Kayode Fayemi, former Governor of Ekiti State and Chairman of the Nigerian Governors Forum (NGF), has extended his best wishes and greetings to President Bola Tinubu as he celebrates his 72nd birthday.

Fayemi noted that the President’s desire for low-key celebrations, as expressed by his request that friends and associates refrain from placing congratulatory advertisements in newspapers, reflects his understanding of the current economic situation and connection to the masses.

In a statement issued by his media team, Fayemi praised the President for his long-standing commitment to progressive ideals, the sacrifices he has made to deepen Nigeria’s democracy, and his commitment to making Nigeria a more prosperous and united country.

“President Tinubu’s remarkable journey in service to our country exemplifies dedication, fortitude, and commitment. His unwavering leadership has helped shape our country’s political landscape and advance the cause of democracy,” he stated.

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Fayemi acknowledged that the current challenges are daunting, but he expressed confidence in the President’s ability to lead Nigeria out of the woods.

He said, “President Tinubu has consistently demonstrated tenacity in the face of adversity throughout his career. I am confident in his ability to bring all Nigerians together and lead us out of these trying times.

‘’I urge Nigerians to be patient while the President’s reforms take effect.

”On this historic day, I join millions of Nigerians in wishing our President many more years of good health, renewed vigour, and divine guidance as he leads our country to greater heights.

“Happy 72nd birthday, Mr. President!”

By Chimezie Godfrey

Delta APC chieftain seeks team work among party leaders

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Dr Rufus Ebegba, a Chieftain of the All Progressives Congress (APC) in Delta, has called on party leaders in the state to unite ahead of the forthcoming political engagements.

Ebegba, who is the pioneer and a two-time Director-General of the National Biosafety Management Agency (NBMA), spoke with the News Agency of Nigeria (NAN) on Friday in Abuja.

Ebegba commended President Bola Tinubu for appointing some people from Delta into sensitive positions in his government.

He said that such appointments had given a sense of belonging to the people and called for team work among APC leaders in the state.

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“Within few months, the president has appointed Festus Keyamo as a Minister of Aviation and Aerospace, Mr Chiedu Ebie, the newly appointed Chairman of the Niger Delta Development Commission (NDDC) and Monday Igbuya as a Commissioner in NDDC.

“Mrs Blessyn Ataguba National Commissioner of the National Populations Commission, Commissioner for Rural Electrification Fund, Ms Doris Ogunkoya and Dr Dennis Otuaro, Amnesty Coordinator, among others; these appointments are laudable.

“With the increase in appointments that have come to Delta state, I urge appointees not to forget the presence of those who also worked assiduously for the success of the party in Delta and have yet to be recognised.’’

Ebegba said that party leaders must learn from the 2023 elections and be ready to engage youths more directly than ever as they held the potential of swaying electoral outcomes.

“Therefore, appointees and party leaders must work hand in hand so that more recognition can come to the state; giving the APC in Delta more resources to empower our people ahead of future elections.’’

Ebegba called on the leadership of the party to live up to its responsibilities as an opposition party in the state, insisting that politicking never stopped.

“With the fortune the state is enjoying at the Federal Government, party executives and officials must rise to the occasion and be inspired by this patronage by the president.

“The leadership of the party in the state must, as a matter of urgency, live up to its responsibilities as an opposition party, especially with the coming local government elections.

“If we assess the 2023 elections, we will see that a lot of sentiments were demystified by sheer participation; hence APC in the state must be prepared to have a good outing; because the local government  elections will be a litmus test ahead of the 2027 general elections,’’ he said.

Ebegba urged the president to give more appointments to those who worked hard in the state but might not be too visible in other to encourage them. (NAN)

By Abigael Joshua

CBN raises bank’s capital requirement from N25bn to N200bn

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 The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.

The apex bank also increased capital requirement for banks with regional licences from N15 billion to N50 billion , and those with international licences from N100 billion to N500 billion.

According to a statement issued by the Acting Director, Corporate Communications Department of the bank, Mrs Hakama Sidi-Ali, the new minimum capital for merchant banks will be N50 billion.

Sidi-Ali also announced that the new requirements for non-interest banks with national and regional authorisations are N20 billion and N10 billion.

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The News Agency of Nigeria (NAN) reports that the move is coming days after the Monetary Policy Committee (MPC) meeting.

The CBN Governor, Yemi Cardoso had in the meeting , urged Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system.

Meanwhile, a circular signed by the Director, Financial Policy and Regulation Department, Mr Haruna Mustafa, said that all banks were required to meet the new minimum capital requirement within 24 months commencing from April 1 and terminating on March 31, 2026.

According to Mustafa, the move is to enhance banks’ resilience, solvency, and capacity to continue supporting the growth of the Nigerian economy.

Mustafa urged banks to consider injecting fresh equity capital through private placements, rights issues and offers for subscription to meet the new minimum capital requirements.

He also suggested Mergers and Acquisitions (M&As); and upgrade or downgrade of licence authorisation.

He said that the minimum capital shall comprise paid-up capital and share premium only.

“The new capital requirement shall not be based on the shareholders’ fund.

“Additional Tier 1 (AT1) Capital shall not be eligible for meeting the new requirement.

” Notwithstanding the capital increase, banks are to ensure strict compliance with the minimum capital adequacy ratio (CAR) requirement applicable to their licence authorisation.

“In line with extant regulations, banks that breach the CAR requirement shall be required to inject fresh capital to regularise their position,” Mustafa said.

He said that the minimum capital requirement for proposed banks shall be paid-up capital, adding that the new minimum capital requirement shall apply to all new applications for banking licences submitted after April 1.

“The CBN will continue to process all pending applications for banking licences for which a capital deposit had been made and an Approval-in-Principle (AIP) had been granted.

“However, the promoters of such proposed banks will make up the difference between the capital deposited with the CBN and the new capital requirement not later than March 31, 2026.,” he said

He said that all banks were required to submit an implementation plan, clearly indicating the chosen options for meeting the new capital requirement and various activities involved with their timelines, nor later than April 30.

He said that the CBN would monitor and ensure compliance with the new requirements within the specified time line. (NAN)

By Kadiri Abdulrahman

I-G orders adequate deployment nationwide

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 The Inspector-General of Police (I-G), Mr Kayode Egbetokun, has ordered the deployment of police personnel and operational assets to areas of likely security threats nationwide ahead of the 2024 Easter celebration.

The Force Public Relations Officer, ACP Olumuyiwa Adejobi, communicated this in a statement in Abuja.

The inspector-general also ordered round-the-clock security and protection of public spaces across the country, before, during and after the Easter celebration

“Commissioners of Police (CPs) and their supervising Zonal Assistant Inspectors-General of Police (AIGs) are directed to deploy personnel and operational assets to areas of likely security threats within their respective areas of responsibility (AoRs).

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“Intensive and proactive visibility patrols will be conducted at all worship centres, train stations, highways, motor parks, airports, waterways, recreation centres, banks, and other financial institutions.

“The patrol will also, cover other critical infrastructures and public spaces.’’

He assured all travellers, visiting their hometowns and other places within the country for the festivities of adequate security, irrespective of the medium of such travels.

Egbetokun said adequate security arrangements had been made to cover passengers travelling by road, air, waterways, or rail.

He said deployments had been increased and visibility patrols intensified in all areas including aerial patrol and surveillance.

The inspector-general felicitated with Nigerians, especially the Christian community, on the occasion of the Easter celebrations.

He commended citizens for their support and continuous cooperation with the Nigeria Police and other security agencies by providing prompt and actionable information to prevent and detect crime.

“As we commemorate the crucifixion, death and resurrection of Jesus Christ, let us come together in unity and vigilance to ensure a safe and peaceful environment for all.

“The Nigeria Police Force remains committed to serving and protecting the public.

“We urge everyone to remain vigilant and report any suspicious activities to the nearest Police Station/Post,’’ he said. (NAN)

By Monday Ijeh