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Don’t act like Buhari, negotiate with bandits, Gumi tells Tinubu

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Kaduna-based Muslim cleric, Sheikh Ahmad Gumi, on Tuesday, sought government’s permission to approach and have talks with bandits who abducted about 287 schoolchildren from Kuriga Government Secondary and LEA Primary Schools in the Chikun Local Government Area of the state.

The Islamic cleric insisted that dialogue was the way to go, calling on President Bola Tinubu to take a different approach from his predecessor, Muhammadu Buhari, who rejected the dialogue.

The According reports that bandits invaded the Kuriga area of the Chikun Local Government Area of Kaduna State, shooting at their victims before taking away at least 280 of the pupils and teachers from both schools.

The incident occurred barely 24 hours after insurgents abducted 200 internally displaced women in Borno State.

The women were kidnapped in Ngala, the headquarters of Gambarou Ngala in Borno State, while fetching firewood in the bush.

Penultimate Thursday, bandits invaded the Gonin-Gora in the same Chikun LGA, prompting residents to barricade the Kaduna-Abuja Expressway in protest against the abduction of an unspecified number of people in the area.

Meanwhile, the government of the affected state has refused to dialogue with the bandits to release the schoolchildren and has also refuted claims that it had hired a private negotiator to facilitate the release of the victims.

However, reacting to the development, Gumi said in a statement, “The government’s stand of no negotiation with the bandits is an unfortunate position. My advice is that the government should dialogue with the bandits not only for these Kuriga school children’s abductions but all cases.

“Also, the government should use the same approach it used in releasing passengers that were abducted on the Abuja–Kaduna train in 2022 to release the Kuriga school children and others.

“I am ready to lead a holistic dialogue between the government and bandits. It is my religious duty to do so for peace.

“I hope the present government of President Bola Ahmed Tinubu will listen by dialoguing with the bandits because the past administration of former President Muhammadu Buhari refused to do so.”

Gumi had previously negotiated on behalf of state governments to free abducted people by bandits.

In May 2021, one of the parents of the kidnapped students of the Federal College of Forestry Mechanisation, Afaka, Kaduna State, said rather than point an accusing finger at Gumi for being complicit in the banditry ravaging the country, Nigerians should commend the cleric for his interventions in seeking the release of abducted persons in the country.

Unity Bank, SkillPaddy train 1,000 female software engineers

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Unity Bank Plc has partnered with tech platform, SkillPaddy, to train 1,000 female software engineers.

The training, which was tagged ‘Count Her In’ tech programme, focused on empowering female beneficiaries with software engineering skills.

According to a statement from the bank, the IT skill development and empowerment initiative is intended to bridge talent supply gaps while providing individuals with the opportunity to meet their training goals and launch careers in the tech industry.

Speaking on the partnership, the Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun, said the initiative aligned with the theme of the IWD 2024, #InspireInclusion.

She added that empowering young women reflected the bank’s commitment to driving inclusion, equality and diversity across industries.

She stated, “As a bank committed to fostering economic empowerment and gender equality, we are proud to partner with SkillPaddy on this initiative to contribute to the training and empowerment of 1,000 female software engineers.

“Through this programme, we are not only investing in the future of these talented women but also driving innovation and diversity within the tech industry. By providing access to skills training and mentorship, we aim to unlock opportunities and create a more inclusive and thriving digital economy for all.”

She disclosed that about 40 young girls would receive full sponsorship from Unity Bank in the special training initiative, which was conceived as part of activities to commemorate this year’s International Women’s Day 2024.

According to Somefun, all beneficiaries of the programme will be trained on different aspects of software development and provided with mentorship and resources that they need to succeed, including learning life skills like critical thinking, communication, innovation & problem-solving.

 Women make up just 33 per cent of the tech-related workforce globally.

Unity Bank recently partnered with a software training provider, AltSchool Africa, to sponsor female students to acquire specialist software development skills.

Clark, Osoba back return to parliamentary govt

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Elder statesman, Chief Edwin Clark and ex-Ogun State Governor, Chief Olusegun Osoba, have pledged their support for the proposed amendment to the 1999 Constitution to move the country from the current presidential system of governance to the parliamentary system.

Last month, 60 members of the House of Representatives, led by the Minority Leader, Kingsley Chinda, presented constitution alterations bills for first reading on the floor of the House, seeking to return the country to the parliamentary system.

Speaking during the meeting with Clark at his Abuja residence on Tuesday, Chinda said the lawmakers were bent on making governance count, noting that the presidential system was too expensive to run.

“The present style of presidential system that we are running in Nigeria is too cumbersome for our country, for our background, for our experience and cannot, in any way, be repaired as we stand today.

“A governor and president can run the state or the country for four years without talking to Nigerians. He has committed no offence against our laws. That is why you will hear the likes of Garba Shehu, (Ajuri) Ngelale, talking to Nigerians instead of the number one citizen of the country.

“During COVID-19,  all of us were here, other countries were having briefings weekly by their Presidents but our President did not do it. We must have a system where public officeholders, including ourselves that you have elected, will be more accountable to you, the people. A system where public officeholders will be on ground, not administering by proxy.

“Our leader, we came with one agenda and as representatives elected into the House of Representatives of Nigeria to make laws for the good governance of this country, to make law for the peace and progress of this country – Nigeria.

“We will not shy away from the fact that our country is not where we all expected it to be today. We are not here to lay blames, our job is to look for solutions.”

In his  response, Clark applauded the lawmakers’ initiative, noting that. “The restructuring of Nigeria can no longer wait, otherwise there will be no Nigeria.”

Speaking after a closed-door meeting with the lawmakers at his Abuja residence, former  Ogun governor, Osoba, described the parliamentary system of government as the “most economical,” remarking that “The centre is too loaded.”

“How can somebody in Abuja stay here and want to control the primary education in Kanuri, in Sokoto, in Bayelsa, in Ogun State? The culture is different.

 “Take the issue of security for instance. Security is very local. When people kidnap, if you make security local, people who know their terrain will easily know where these terrorists are hiding. We have to devolve power,” Osoba.

The 60 lawmakers pushing for the parliamentary system had last month also got the backing of Kano elder statesman and business mogul, Alhaji Aminu Dantata.

Backing the proposition, Dantata said apart from being cheaper, the parliamentary system would enhance Nigeria’s stability by making the country easier to govern.

“The parliamentary system is better and cheaper for Nigeria than the presidential system, which is very costly, especially with the current economic situation in the country.

“I hope and pray that you will get more members in the assembly to support the project,” he said.

Mr President, make haste

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President Bola Tinubu must make haste to lighten the overwhelming burden thrust on Nigerians by his sudden removal of fuel subsidy. The removal is quite laudable but the decision should have been taken by his cabinet. The government needs to act fast on the naira slump. Our national currency needs to be stabilised at about N650 to $1. The non-fixation of the naira has affected everything. The President needs to surround himself with very capable and honest people with an even spread through all the 36 states of the federation.

His present cabinet should be reduced immediately by half. It is an unwieldy cabinet as of now. No urgent decision can be arrived at, at such a gathering. Three permanent secretaries could be asked to merge the ministries and report back within 24 hours.

President Tinubu has no excuse for any failure. The President can study the successes of leaders like the late Chief Obafemi Awolowo, and the late Lateef Jakande. Outside the shores of Nigeria, he can also study the achievements of the late Chancellor of the then West Germany Konrad Adenauer and his economic minister, Prof. Ludwig Erhard. For the record, the late President Park of South Korea led his people to prosperity.

I will strongly advise Tinubu to watch local television channels every day, for about 30 minutes; He should not wholly rely on what his advisers write and tell him. He will thereby be presented with current realities in the country.

The value of the naira needs to be fixed quickly. I am not an economist to suggest solutions. As an 85-year-old person, I am finding the costs of my prescribed medical drugs that I have to buy prohibitively expensive. They are mostly treble in price to what was obtained before the President assumed office.

Nigeria does not need a military rule. It would be foolhardy for a military officer to try to rule Nigeria in the present circumstances. The Nigerian Army should safeguard Nigerian borders. We should leave the civilian politicians to sort out Nigeria. But politicians should not live an ostentatious lifestyle; they must be upright.

Tinubu must restore confidence in his capacity to govern. He must be ready to admit that some of his policies have had very negative and unintended consequences. The floating of the naira has brought misery to the populace. Nigeria is on the edge of a precipice and he must save this country from further bloodshed and misery. He must make the environment good for all. People have to be productive once more. An atmosphere conducive to business, farmers and all others is once again essential for productivity. The rains are early in 2024 and this portends a future good harvest. The army should safeguard Nigerian political borders, not warehouses.

Another thing expected from the President is that he must be economical in handling the financial situation of the country. He should avoid prioritising white elephant above social amenities and infrastructure which the country is in dire need of. If I were Tinubu, I would work with all vigour during this term of four years and lay a good foundation for the survival of Nigeria with all tribes living in harmony.

Fear in Lagos community as abandoned building transforms into hoodlums’ hideout

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VICTOR AYENI writes that the activities of suspected criminals in an abandoned building around Tokunbo Kelani Street, in Igando, Lagos, are heightening fear among residents of the area

The residents of the Tokunbo Kelani community in the Igando area of Lagos State could hardly contain their fear as they pointed in the direction of an eerie abandoned building on their street.

The area, which is close to the Alimosho General Hospital, is often quiet during the day as residents go about their businesses.

But on most nights, residents described a surge of negative energy emanating from a certain abandoned building on the street which they insisted had become a haven for kidnappers and other shades of criminals.

From the Isheri-Igando Expressway, there is an access road at the General Hospital bus stop which leads into Akeem Oke Street which then links to Tokunbo Kelani Street.

When The According visited the area on Tuesday last week, landlords in the area complained of hearing strange noises coming from the abandoned building on some nights, including cries from some people pleading for their lives to be spared.

The building, a ground-floor structure with a decked roof, is situated at the intersection of Akeem Oke and Tokunbo Kelani streets.

Our correspondent gathered that though the building which had been abandoned for over 20 years and had been marked for demolition several times by Lagos State agencies, the planned demolition had not been enforced.

According to documents presented by landlords in the community, the building was wrongfully erected to obstruct the link road between Akeem Oke and Tokunbo Kelani, a development that residents said had led to several incidents of flooding in the area.

Our correspondent observed that the building was surrounded by two structures, one of which was a church tent suspended on wooden pillars.

The church had no benches or chairs, only an altar with a crucifix placed on it and three white plastic chairs stationed close to it. A censer was seen on the church’s bare earth floor.

The next closest building, though uncompleted, had plastered walls, doors, and windows, but The According learned that its owner, one Mrs Olufunlayo Olowoyo, had abandoned the structure.

Church without members

Residents who spoke with our correspondent expressed doubt that the church close to the abandoned building was a real one.

According to them, the alleged owner of the church was identified as Taiwo Adepoju, popularly called ‘Prophet Elijah’.

A landlord in the community, Lanre Bammeke, told The According that the church had no other members except Adepoju, his wife, and son, adding that the man was known to burn strange things at night and place sacrifices at some locations in the area.

Bammeke said, “I don’t believe that place is a church. It seems to be more of a shrine. Though they have crosses and some icons there, there are no members there.

“The only people who come to the tent are the prophet or babalawo, his wife, and his son. Nobody else goes there.

“On some nights, a foul smell or something being burnt emanates from that tent. Sometimes, these things smell like flesh being burnt, but we can’t be sure, other residents have complained on several occasions, but this Prophet Elijah threatens anyone who confronts him and he boasted of being responsible for strange deaths in the community.

“That is why some people here are afraid to speak out. We have complained several times of the smoke and stench that emanates from his tent but nothing has been done about it. The prophet claims to be caring for people with mental disorders and he keeps them in the abandoned building. He is known to sleep with the females he says he’s caring for and impregnates them.”

While our correspondent was in the area, he saw a young woman, probably in her 20s who walked out of the abandoned building, strolled around the compound, and went back to sit on a bench in the house.

She was garbed in a brown native blouse and wrapper and had a protruding belly but was unresponsive when spoken to and seemed not to be aware of where she was.

Bammeke informed our correspondent that the lady was one of Adepoju’s clients who was pregnant.

“Adepoju is not a landlord in the community and he doesn’t own a property around here, but he has been occupying the second building which had been abandoned for over 20 years.

“We want the authorities to investigate what is going on here. In the night, we hear strange cries coming from abandoned buildings and perceive things being burnt, but in the morning, everywhere will be clean except for some ashes of God knows what. This site is probably being used as a criminal hideout,” he added.

We hear people pleading for their lives – Chairman

In an interview with our correspondent, the Chairman of the Tokunbo Kelani Street Landlord Association, Alhaji Ganiyu Salau, said residents had complained of hearing cries of people pleading for their lives coming from the abandoned buildings.

“We have hired some vigilance groups but they all left after some time. On some nights, we hear strange noises, screams, and pleadings possibly from kidnapped people coming from the abandoned and illegally constructed building.

“We hear noises like, ‘Please don’t kill me,’ ‘I will pay,’ at various intervals. By daybreak, one of the buildings becomes empty and deserted only for such to recur again after some days or weeks. It’s as if these criminals have mastered ways of cleaning things up by daybreak.

“We don’t know who these people are and we don’t know what they are capable of doing. Who knows, they might even use the abandoned structure to store explosives.”

When our correspondent visited an elder in the community who gave his name only as Mr Olowokiti, he pointed out that after several petitions written by residents, the structures were marked for demolition, but had not been pulled down.

He said, “I was a former community development area chairman here and the road linking Akeem Oke with Tokunbo Oke used to be thoroughly broad; it was the abandoned structures that blocked it.

“We have made arrangements, we have written several letters, we have been to Alausa, we’ve also been to Alimosho and they agreed to come to open the road but they said we should pay a certain amount. During the rainy season, that place is completely flooded. We want the state government and the authorities to save this community from the menace of criminals and remove these structures obstructing the main street.”

One of the letters written by the community landlord association to the state Ministry of the Environment and Water Resources was sighted by our correspondent.

Titled ‘Petition on Abandoned/Illegally Constructed Building Blocking Main Road and Suspected of Being Used as Kidnapping Abode,’ and dated February 24, partly read, “The abandoned/illegally constructed building has of recent become an abode of criminals, suspected kidnappers, robbers, and could be illegal storage for explosives, consequences of which cannot be imagined.

“The building is also an obstruction to drainages, hence causing serious floods during the rainy season into various houses on the street. Officials of the Lagos State Government, Lagos State Building Control Agency, and Lagos State Physical Planning Permit Authority have visited the place several times and marked the building for demolition in the past 20 years at different times, but the demolition has yet to be carried out.”

Prophet mum

However, when The  According visited the house where residents claimed Adepoju lived in the area, the gates were shut.

When our correspondent asked to speak with the prophet, a woman answered from inside the building saying that the prophet was not available.

Other attempts to speak with Adepoju on his phone proved abortive as the number was switched off as of the time of filing this report.

LASG plans demolition

Meanwhile, The According learnt that following the letter of petitions to the state agencies, officials of LASPPA visited the structures again for an assessment.

A contravention notice dated February 28 which was served on the abandoned building was sighted by our correspondent.

The letter partly read, “Illegal blockage of existing structures without obtaining a development permit. The property owner should remove the structure before legal action.

“Failure to remove the said contravention within 48 hours (two days) from the date of serving the notice, the said contravention shall be demolished after the service of demolition notice.”

On Tuesday afternoon, it was learnt that officials of the enforcement department of LASBCA also visited the site, served a contravention notice, and marked the building for demolition with red spray paint.

The notice dated March 5 and pasted on the building read, “Use of structure without evidence of building permit. No evidence of usage, inspection, certification, or certificate of completion and fitness of habitation from LASBCA.

“If you dispute the above contravention, you are requested to bring all documents in support of your case including your building permit to the undersigned within 48 hours of the service of this notice on you.”

Our correspondent further gathered that officials of the state Ministry of Environment also visited the structure on Wednesday to assess the building and issue a statement in due course.

Following the advice of state officials, the chairman of the landlord association, in a letter dated March 4 and also sighted by our correspondent, petitioned the Divisional Police Officer in the Igando Police Station.

A police source also said that Adepoju was invited to the police station on Wednesday and an investigation of the issue was still ongoing.

However, on Friday, Bammeke informed our correspondent that Adepoju had demolished his church tent.

“After honouring the police’s invitation on Wednesday, the prophet began demolishing his church tent and as of Thursday morning, the structure had been cleared. Adepoju has also informed the chairman that he would evacuate the abandoned building latest Sunday,” he disclosed.

The According gathered that the contravention notice placed on the abandoned building by LASBCA had been removed by an unknown person.

“That notice that was pasted on the building’s wall on Tuesday has been removed. We learned that the person who removed it came with a car around 3 am, walked towards the building, and tore off the notice,” Bammeke added.

LASG seeks solution to gridlock around event centres

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Major stakeholders in the Lagos State transportation sector will today (Wednesday)  hold a parley on how to address gridlock around event centres, clubs and other places of large gatherings in the state.

The Director of Public Affairs and Enlightenment Department of the Lagos State Traffic Management Authority, Adebayo Taofiq, in a statement on Tuesday, said the parley would deliberate on transportation safety at event centres, clubs, and other places of public gathering in the state.

The parley, he said, was jointly organised by  LASTMA, and the Lagos State Safety Commission and would take place at the Lagos State Chamber of Commerce and Industry Conference and Exhibition Centre in Ikeja at 10 am.

The statemennt quoted the Special Adviser to the Governor of Lagos State on Transportation, Sola Giwa, as lamenting that traffic management, especially during social events, had become worrisome to major stakeholders, especially the state government.

“There is a pressing need to address the challenges surrounding traffic management around event centres, clubs, and places of gathering within the state.

“We aim to collaboratively formulate measures that will ensure smooth and efficient management of traffic while also minimising inconveniences for road users.

“Identified agenda items at the parley include a presentation of existing challenges in traffic management around event centers and places of gathering, discussions on the proposed rules and guidelines for engaging LASTMA prior to events, and training programs by LASTMA for designated staff of event centers on effective traffic management.

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RMAFC alarm on high cost of governance

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ALARMED by the high cost of governance, the Revenue Mobilisation Allocation and Fiscal Commission has expressed concern over the bloated recurrent expenditure in the Federal Government, amidst the country’s underdevelopment. Making his observation via a statement recently, the RMAFC Chairman, Mohammed Shehu, says the implications are poor infrastructure, shabby social services, high unemployment, insecurity, and diminishing Foreign Direct Investment. He is correct. Urgently, President Bola Tinubu should heed the advice, applying strict and meticulous methods to reduce the cost of governance.

According to Shehu, the starting point is to implement the Steven Oronsaye report on the restructuring of ministries, departments, and agencies. This is a logical measure to correct the duplication and overlapping of MDAs. It offers the government an opportunity to save costs and redirect same to infrastructure.

However, this is not enough. Tinubu assumed office during economic malaise. Instead of showing moderation, he appointed 48 ministers, while still holding on to the petroleum minister portfolio. A 48-member cabinet imposes significant costs on governance. The President should do the needful. In Argentina, President Javier Milei, after assuming office in December, immediately cut his cabinet from 18 to nine.

In part, the RMAFC chairman – just like a few other Nigerians – blamed the cost of governance on the presidential system of government. This might not be the case. The cost of governance is essentially defined by the political operators, not by the parliamentary or presidential system. In the Second Republic, some governors like Adekunle Ajasin (Ondo State) and Lateef Jakande (Lagos State) laid down near-perfect examples in frugality.

The problem has to do with the culture of luxury in government. Take the parliament. In October, the National Assembly decided to import 360 SUVs valued at N57.6 billion for the use of members despite gnawing multidimensional poverty, insecurity, and gross socioeconomic imbalance. Lawmakers collect huge amounts of money for constituency projects annually, which a senator put at N500 million at plenary on Tuesday.

The President, the 36 governors and top government officials move around with oversized convoys. Ministers and special advisers enjoy a retinue of aides and security details. The situation is replicated at the state level. If there is no check, the lawmakers will do same in a parliamentary system.

In truth, Nigeria is notorious for fiscal recklessness. While Tinubu flies around the world via the Presidential Air Fleet, studies show that the prime ministers of New Zealand, the Netherlands, Sweden, Finland, and Denmark fly commercial airlines on their travels. This instils fiscal responsibility and prudence in governance. Elected officials should buy into this.

Nigeria’s infrastructural needs are very glaring. While its continental peers, Egypt and South Africa, boast 58,818 megawatts and 58,095MW respectively, Nigeria shamefully battles with about 5,000MW. The Manufacturers Association of Nigeria reported that businesses spent 40 per cent of their total production costs on generating alternative electricity.

This is compounded by shabby roads nationwide. Out of Nigeria’s 195,000 kilometres road network, 135,000km of it is untarred. Of the paved 60,000km, many are in deplorable conditions, per the Infrastructure Concession Regulatory Commission. While Nigeria has been unable to complete the reconstruction of the 127.5km Lagos-Ibadan Expressway since 2004, India constructed 742,398km rural roads at 91km per day as of July 2023, per official statistics.

To fix its roads, Nigeria needs between $100 billion and $150 billion annually over the next 30 years. Dataphyte estimates it at $2.3 trillion, and Agusto & Co, and the World Bank at $3 trillion. Nigeria ranked 24th in 2020 out of 54 African countries in the Africa Infrastructure Development Index with 23.26 points; Egypt was second with 88.3 points, and war-torn Libya was third with 82.9 points.

To salvage the situation, Nigeria should emplace fiscal federalism, and attract private investment for capital infrastructure.

EFCC raises charges, re-arraigns Fayose’s ally

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The Economic and Financial Crimes Commission has increased the charges against Abiodun Agbele,  an ally of the former Ekiti State Governor, Ayodele Fayose, from 11 to 24.

The EFCC had in 2016 arraigned Agbele,  alongside a former Minister of Defence for State, Musliu Obanikoro; Sylvan Mcnamara Limited; Lt. A.O Adewale; Tunde Oshinowo and Olalekan Ogunseye (all at large) on 11 charges of money laundering to the tune of N1. 219bn.

The EFCC said the money was part of N4.7bn allegedly transferred from the Office of the National Security Adviser in the Central Bank of Nigeria.

In the amended charges, Agbele,  Sylvan Mcnamara Limited,  De Privateer Ltd, and Spotless Investment Ltd were listed as the first to fourth defendants.

The EFCC accused Agbele of indirectly accepting N1.219bn cash from Obanikoro on behalf of Fayose in June 2014 without going through a financial institution.

The EFCC said he committed an offence contrary to Section 1(a) of the Money Laundering (Prohibition) Act 2011(As Amended) and punishable under Section 1503) of the same Act.

The EFCC also accused Agbele of aiding De Privateer to commit an offence to take possession of N200m which formed part of N1.219bn,  “proceeds of money laundering on behalf of Ayo Fayose, contrary to section Section 18(A) of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 18 of the same act.”

When the charges were read to him during the proceedings on Tuesday at the Federal High Court in Abuja on Tuesday, Agbele pleaded not guilty.

At the resumed trial,  a former Central Bank of Nigeria’s official,

Aliyu  Mukadas, while being led in evidence by counsel for the EFCC, Wahab Shittu(SAN), told the court that a total sum of N4.15bn was paid to Sylvan Mcnamara Limited’s account.

Obanikoro had, during the proceedings in November 2023, told the court that  Sylvan Mcnamara Ltd’s account “was created to deal with the issue of Boko Haram in Lagos. The account was created by Taiwo Kareem and was used for the purpose of disbursing funds for election.”

On Tuesday, the ex-CBN official, Mukadas, stated that money was paid in trances to Sylvan Mcnamara Ltd’s account in Diamond Bank.

The retired CBN staff also confirmed that the National Security Adviser maintained an account with the apex bank meant to fund security operations and not elections.

He said, “I worked with CBN for 30 years at its Abuja branch and banking services department where I retired last year.

“We effected payments to all ministry or departments. The Office of the National Adviser is one of the agencies having an account with the CBN.

“The purpose of the NSA’s account is for security operations; not for election purposes.

“We paid N200m to Sylvan Mcnamara Limited through Diamond Bank.

We also paid N2bn, N700m, N1bn and N225m into Sylvan Mcnamara Limited.”

When asked if he knew what the money was used for, Mukadas replied that he was not aware.

During cross-examination by Agbele’s counsel, Olalekan Ojo (SAN), Mukadas confirmed to the court that the payment mandate was verified before the payments were made.

When asked if the payment mandate showed the purpose for which the funds were to be paid to the company, the retired CBN official said, “For services rendered.”

He, however, said he had no suspicion the money was for fraudulent purposes.

Another witness called by the EFCC,

a former Chief Executive Officer of Zenith Bank, Peter Amagbo, denied that the bank funded  Fayose’s re-election campaign.

He said, “We did not fund election for Ekiti State. We didn’t have any meetings with my chairman and Fayose. I have never seen Agbele before. I met Fayose once as MD/CEO. My second meeting with him was an ex-governor during a friend’s father’s funeral.”

Amagbo informed the court that the bank was with the state before the emergence of Fayose and sustained that during his tenure.

He said, “We had a relationship before Fayose and it was maintained during his time. “

When asked if he was privy to all conversations or interactions between Fayose and the bank, he said, “No. The governor deals with people in their location.”

When further asked if he was in the position to know if the bank had promised to assist Fayose, Amagbo said, “I am the head of the management of the bank. The chairman is a part-time member of the management.  He needs my approval to do that and he knows that we do not sponsor elections.”

Justice Nnamdi Dimgba adjourned the matter till May 2, 2024, for the continuation of trial.

FG begins talks with aircraft lessors

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The Federal Government has said it is currently discussing with aircraft leasing and manufacturing companies in a move to stimulate local investments in the country’s aviation sector.

The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this information in a statement released on Tuesday evening via X (formerly Twitter).

Keyamo said the significance of aircraft leasing, especially dry leasing, was a key factor in enhancing the operations of local operators in the airline industry.

He mentioned that major airlines worldwide relied on dry leasing, as no airline or government could fully afford to purchase its entire fleet of aircraft.

The minister stated that the establishment of Maintenance, Repair, and Overhaul (MRO) facilities would propel the growth and efficiency of Nigeria’s aviation industry.

Keyamo mentioned ongoing efforts to attract investors for these facilities, acknowledging their importance in bolstering the aviation sector.

“We are determined to go far and wide to woo aircraft leasing companies and aircraft manufacturers to come to our aid. There is no shame in doing this now since we lack the capacity to produce our own aircraft or to purchase them,” said Keyamo.

Further, minister Keyamo urged the government to provide an enabling environment that will allow potentisl foreign investors to thrive.

He noted, “Should the government completely abandon local operators to fend for themselves? What can the government do to help in this regard? It is simple: The government should provide the enabling environment for these businesses to thrive by providing assurances to aircraft manufacturers and leasing companies around the world that their aircraft are safe within the country if they lease them to our businesses here; that includes assurances and guarantees that these creditors can secure their assets anytime there is a default.”

“This is in line with the Cape Town Convention, to which Nigeria is a signatory. It is our duty as the government to provide this comfort and assurance to the potential lessors. We are currently on top of that, and the package will be revealed soon. The lack of this is one big factor that has led to the high mortality rate of airlines in Nigeria in the last 40+ years. There are other factors, too,” the minister declared.

Nigeria’s agric exports facing rejections overseas – WTO DG

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The World Trade Organisation says Nigeria has lost its leading position in the agriculture export markets because its agricultural commodities do not meet the sanitary and phytosanitary requirements of the foreign markets.

According to WTO, despite the abundance of arable lands and increased investments, the nation has transitioned into a net importer of farm produce that was previously cultivated domestically, undermining efforts aimed at ensuring food sustainability.

The Director-General, WTO, Ngozi Okonjo-Iweala, disclosed this in Abuja at the launch of seven trade support programmes initiated by the WTO-ITC to boost the development of Nigeria’s trade and industry standards.

The initiatives namely the Standards Trade Development Facility, Digital Trade Initiative support, Women Exporters Entrepreneurship support, National Trade Portal and cotton development initiative aim to provide technical support to strengthen food safety, animal and plant health capacity in developing countries, address challenges of e-commerce digital trade divide and establish a world-class technology centre for all trade-related data and information in Nigeria.

She said, “We are launching today with STDF, ITC, and the NEPC, a project to help with international safety and quality certification for sesame and cowpeas or black-eyed peas. The agriculture sector in Nigeria has the potential to be a major driver of export diversification and job creation – but too much of this potential remains unrealized, due to a variety of barriers. In fact, Nigeria has not only lost out in agricultural export markets, it is a net food importer spending about billions a year on goods, many of which we can also produce here. Some of Nigeria’s unrealised potential has to do with trade-related problems on the supply side – and that is what this project is seeking to rectify.”

Specifically, the WTO DG said Nigerian cowpea and sesame exports were increasingly facing rejections in several destination markets due to non-compliance with international SPS requirements.

She said the failure to comply with regional, global and import country sanitary and phytosanitary standards has resulted in loss of sales, revenue, and hard currency due to export rejects.

Last week, the former finance minister charged Nigeria and other African countries to improve the quality of their shea exports to international standards.

She added, “Nigeria is the world’s largest producer and consumer of cowpeas. Sesame is primarily an export crop, and Nigeria is the world’s fourth leading producer, exporting to the EU, Türkiye, Japan, South Korea and other Asian markets. However, Nigerian cowpea and sesame exports have increasingly faced rejections in several destination markets due to non-compliance with international SPS requirements.”

She said for example, “Nigeria accounts for over a third of Japan’s sesame imports – but health and safety inspections during the past few years have found instances where pesticide residue levels were nearly double the maximum residue limits permissible from 2019 to 2021.

Hence to tackle the challenges, Okonjo-Iweala said the WTO was partnering with relevant stakeholders to build the capacities of stakeholders across the sesame and cowpeas value chains to better understand market access requirements and improve agricultural practices such as pesticide application, hygiene techniques, harvest and post-harvest methods, and food safety.

She said the project which would be implemented with $1.2mn funding would improve the country’s non-oil export.

On her part, the minister of Industry, Trade and Investment, Doris Aniete, said the ministry was putting in place policies and mechanisms that would facilitate and enhance trade, while also removing all the bottlenecks hampering trade and investment.

She further stated that the ministry had started rolling out the N50bn Presidential Conditional Grant Scheme through the Bank of Industry, targeting various economic players.

She added that a N150bn intervention through the FGN MSME and Manufacturing Sector Fund, providing low-interest loans that are pivotal for scaling businesses and spurring job creation would commence very soon.

“We are achieving this by facilitating a strong enabling environment for businesses to thrive, developing robust policies and reforms, increasing access to financing, widening access to global markets, driving investments, and creating job opportunities, all in line with the vision of Mr President.

“In 2024 we are focused on improving infrastructural capacity such as power and transport, as well as soft infrastructure such as transparent regulation, policy consistency, the rule of law, and a culture of efficient collaboration and synergy among various government agencies and offices. We believe this will facilitate an environment where business operations are not hindered by red tape but can continue to thrive.

Also speaking, the Executive Director of the Nigerian Export Promotion Council, Nonye Ayeni, explained that the project expected to last for three years would enhance the quality and standard of sesame and cowpea through the institution of good Sanitary and Phyto-sanitary conducts.

She disclosed that in 2022, the worldwide value of sesame exports and its value chain amounted to $7.35bn, projected to surge to $9.27bn by 2032. Similarly, cowpeas were valued at $7.2bn in 2023, with an anticipated rise to $9.43bn by 2028.

“This project, STDF 845, will therefore enhance the quality and standard of sesame and cowpea through the institution of good Sanitary and Phyto-sanitary conducts, Good Agricultural and Warehousing Practices, packaging/labelling and excellent storage systems. All these are expected to forestall frequent contract cancellations and loss of business opportunities while allowing a significant increase in global acceptance of the items and for better quality of these products consumed locally

“This project is designed to last for three years to enhance the integrity of the cowpea and Sesame value chain from Nigeria. Therefore, the focus lies on improved practices that will enable Nigerian stakeholders to comply with Maximum Residue Levels of selected pesticides used in Cowpeas and Sesame and Microbiological contamination with Salmonella (Sesame). Overall, it will improve the regulatory and control system as well as farming and processing practices applied for Cowpea and Sesame,” she concluded.