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CIBN to induct 336 chartered bankers

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The Chartered Institute of Bankers of Nigeria is set to induct 336 new members as chartered bankers.

In a statement signed by the Head of Corporate Communications and Brand Management, Folake Akintayo, on Monday, CIBN would be awarding certificates to student members who had completed the institute’s Banking Professional Examinations in 2023.

The induction ceremony scheduled to take place on March 23, 2024, will see 336 newly qualified associates (chartered bankers) and 149 microfinance-certified bankers formally admitted into the associateship and microfinance-certified bankers’ categories of the institute.

It disclosed the 2024 Stream One Graduate Induction and Prize Awards Ceremony of the institute would also serve as a platform for a lecture titled ‘Ethics and Professionalism: A Prerequisite for Building Sustainable Careers and Institutions’, which would be delivered by the Chief Executive Officer of Sterling Bank Plc, Mr Abubakar Suleiman.

“The lecture is expected to provide insights for professionals about the importance of ethics and professionalism in fostering both individual careers and institutional sustainability,” part of the statement said.

Also expected at the lecture is the Commissioner of Finance, Lagos State. Abayomi Oluyomi.

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Events demand N3.7tn padding probe, northern senators disown Ningi

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The All Progressive Congress, Peoples Democratic Party, Labour Party and some other political parties on Monday, called for a thorough probe into the allegation made by the Chairman, Senate Committee on Population, Abdul Ningi (PDP, Bauchi Central), that N3.7tn was padded in the 2024 budget.

While the parties called for a probe into the allegation, some northern senators disowned the claims made by Ningi, saying the Bauchi State senator did not speak for them

The Bauchi senator, however, maintained his position on Monday that o N3.7tn could not be accounted for in the 2024 budget.

This came as Senator Jimoh Ibrahim called for the arrest of Ningi, on the grounds that the lawmaker was attempting to breach the peace at the National Assembly, among other concerns.

At a press briefing on Monday, Ningi insisted that N3.7tn was inserted into the 2024 budget.

He, however, stated that he was misquoted, stressing that he never mentioned that President Bola Tinubu was running two budgets.

He further stated that he spoke in the interview as a lawmaker and not on behalf of the Northern Senators’ Forum.

Ningi had in an interview with the British Broadcasting Corporation (Hausa Service) on Saturday, alleged that the budget passed by the National Assembly for the 2024 fiscal year was N25tn, while the one being implemented by the Presidency was N28.7tn.

In the interview, he was quoted to have said, “For the first time in Nigerian history, today we are operating two different budgets. One budget was approved by the National Assembly and signed by President Bola Tinubu and the one was implemented by the Presidency.

“The one approved by us is N25tn while the one being operated by the Federal Government is N28.7tn

“Apparently, we discovered N3tn was inserted into the budgets for projects without locations. This is the highest budget padding that happened in Nigerian history under Senator Akpabio’s watch.”

The Bauchi senator was further quoted to have said, “We resolved as the peoples’ representatives to see President Tinubu on this issue, with facts and figures, to ask him if he is aware of this embarrassment or not, then from there we will take action.

“Let Nigerians be patient with us. This is a national issue; it affects all Nigerians irrespective of party, tribe or religion.”

The Senate through its spokesperson, Yemi Adaramodu (APC, Ekiti South) had in a chat with our correspondent refuted the claim on Saturday night, stating that there was no padding whatsoever in the budget.

But during a press conference on Monday, Ningi told journalists that he never said that the President was running two budgets, rather there was N3.7tn in the 2024 budget yet to be accounted for.

No two budgets

He said, “At no time did I say Bola Ahmed Tinubu is implementing two budgets. There was no time; at no time did I say Bola Tinubu was biased against the North. The Hausa version is there. At no time did I say Bola Ahmed Tinubu is implementing a N25tn budget.

“I said we have established beyond reasonable doubt that about N25tn so far has a nexus in the budget. That means that there is money, there is a project and then there is location. But we have yet to ascertain N3.7tn of that budget. We have established the N3tn of that budget; we have not established its location and the place.”

The Bauchi Central senator insisted that the powers to appropriate reside with the National Assembly and not the President, so it would be ignorant of him to say that the President was running a separate budget.

Ningi said, “What the President proposed to the Senate are proposals. What the Senate passes is appropriation. There is no way I will talk about N25tn and N28tn. The President has no powers for appropriation.

“It is even a misnomer for the executive to tell the National Assembly members, we are bringing a budget and don’t touch it; it is a misnomer.

“The constitution is clear on who has the power for appropriation. I couldn’t have said what they had suggested. There is no way a President will implement a budget that is not passed by the National assembly.”

He explained further, “But I said going forward, the budget evaluation is ongoing. And I said lastly, the intention of the northern senators as regards budgetary allocation was to meet the Senate President with our findings and subsequently meet President Bola Ahmed Tinubu with our findings.

“So if one is questioning our desire to relate with Bola Tinubu, how will I say that the findings of the Northern Senators Forum will go to the senate president and then to the President and Commander-in-Chief?”

Ningi consistently mentioned N3tn at the press conference, when asked to clarify the money with no projects. He said, “N28.7tn was passed as the 2024 budget, N25tn was allocated for, so the money without allocation is N3.7tn.”

Responding to reports that there were plans to suspend him, he noted that he was ready to bear the brunt of his statement even if the punishment that came with it was to get him suspended.

“I am not afraid of suspension by the Senate. I stand by what I said: N3.7tn is not traced to any project in the 2024 budget. I spoke for myself and not on behalf of the Northern Senator Forum. I never said the federal government is operating with two budgets. I only said N25tn was traced to projects and N3.7tn was not traced to any project,” he said.

Parties demand investigation

But the LP, APC, PDP, New Nigeria People’s Party, and Peoples Redemption Party demanded an investigation into the alleged padding of the 2024 budget

The PDP’s National Publicity Secretary, Debo Ologunagba, stated in an exclusive interview with The According on Monday that the allegation required attention.

“I would like to receive detailed information to be able to respond appropriately. Having said that, if it’s true, any such issues require attention and should be addressed at the necessary level,” he stated.

On his part, NNPP National Publicity Secretary, Yakubu Shendam, urged President Tinubu to investigate what was happening.

He said, “Mr President should be able to sit down properly because this is his government for which he was given a mandate to lead. If he really wants to stamp out corruption, he should be able to look inside, meaning the people he’s operating with, to find out what is happening about this. Because at the end of the day, it is his government that will be blamed.’’

The PRP Acting National Publicity Secretary, Muhammed Ishaq, stated that if true, it represented gross misconduct and a blatant disregard for the principles of transparency, accountability, and fiscal responsibility that the nation deserves, especially during these trying times.

On his part, the Chief Spokesman of the Labour Party Campaign Organisation, Yunusa Tanko, told The According that such an allegation was too weighty to be swept under the rug.

He said, “We support the probe. They have to give us an account of exactly how much is the budget and what the over N3trn is for. There should be a line-by-line examination of the budget as well as further confirmation of the figures as already given by each of the relevant ministries, agencies, and departments.

“It is at that particular point in time we will know and ascertain whether the budget was padded or not. That way, we will also have a clearer understanding of what that particular N3tn is for and who will come out to make the claim. Once that is done, we will know who to hold responsible. But as it is now, both the Federal Government and National Assembly have to come clean as regards the issue of the padded budget.”

The Deputy National Organising Secretary of the APC, Nze Chidi Duru, however, doubted that such a humongous amount could be inserted in such a budget without the knowledge of the two chambers, whose processes were known to be rigorous.

Duru nevertheless demanded that a thorough investigation be carried out to verify the authenticity of the allegation.

The former lawmaker also expressed conviction that if Ningi was found to be gaslighting or raising an unfounded claim, he was certain that necessary sanctions would be meted out on him.

“We are not in the Senate and there is no way one will know the internal workings of the 10th National Assembly. But we know once a budget is passed, there are ways by which it will be harmonised. One will find it strange, to say the least, that such an addition outside of what has been agreed intra-chambers in a bid to have a harmonised budget, can be unilaterally inflated by one person or chamber. It will be one of the eight wonders of the world for them to consider that.

“But assuming without conceding that it was unimaginably possible, that calls for the highest level of investigation. However, I think it is too difficult to believe such a thing can happen in a chamber that is regulated and follows due process in passing the budget.’’

Senators disown Ningi

Senators under the Northern Senators Forum dismissed the claims made by Ningi.

In a statement signed by a cross-section of lawmakers across different Northern zones, they said they were a part of the passing of the budget and would not discredit their collective effort.

The lawmakers said, “We, the undersigned, on behalf of the Senators from the 19 Northern States and the FCT, under the aegis of Northern Senators Forum, hereby state that Senator Ahmed Abdul Ningi of the Peoples Democratic Party, Bauchi Central Senatorial District, who also happens to be the Chairman of our forum, was on his own in the claims he made on the BBC Hausa Service on the 2024 budget.

“As such, the view he expressed was his personal opinion, sentiment and unfortunately skewed, incorrect and misleading.

“There was never a time where we held a meeting and mandated Senator Ningi to address the press on the said matter.”

They added, “The budget was presented to the National Assembly during a joint session of the two chambers – Senate and House of Representatives – by President Bola Ahmed Tinubu on November 29, 2023, in line with the requirement of the 1999 Constitution of the Federal Republic of Nigeria.

“Both chambers of the National Assembly diligently and meticulously debated, processed, and passed the proposal of the President. And satisfied with it, the President assented to it.

“It is clear that Mr President presented a budget of N27.5tn to the National Assembly and the assembly passed a budget of N28.7tn based on the need to make increases or decreases in the appropriations of the various MDAs, which is in tandem with the legislative powers of the National Assembly in order to address critical projects and services across various sectors.

“Therefore, the statement made by Senator Ningi that the 2024 budget presented to the National Assembly by Mr President was the sum of N25tn was not correct and that should not be taken as the position of the Northern Senators Forum.”

The Northern Senators stressed further, “To the best of our knowledge there was no budget padding, whatsoever that was done to the 2024 budget. The assertion by Senator Ningi that certain things were done to the bill is his personal opinion. It is not the view of the generality of us, the Northern Senators.’’

Some of the senators who signed the statement include Senator Jibrin Isah (APC, Kogi East), Diket Plang (APC, Plateau Central), Senator Saliu Mustapha (APC, Kwara Central) Senator Lawal Adamu Usman (APC, Kaduna Central), Senator Abdulaziz Yar’ Adua (APC, Katsina Central), Senator Aminu Abass (PDP, Adamawa Central) Senator Ibrahim Bomai (APC, Yobe South).

Reps minority

Meanwhile, the minority caucus of the House of Representatives has constituted a study group to investigate claims by Senator Abdul Ningi that the 2024 budget was inflated with as much as N3.7tn with no projects tied to the huge amount.

Speaking with one of our correspondents on Monday, Minority Leader of the House, Kingsley Chinda described Ningi’s allegations as a “very issue.”

He said, “We have commissioned a study to ascertain the veracity of the claim before we take a position on the same. It is a serious issue if confirmed to be true.”

The position of the minority caucus is in line with calls by some civil society organisations who have called for a probe into the allegations made by the Bauchi federal lawmaker.

Also, some opposition lawmakers in the House of Representatives called for an investigation into the allegation made by Ningi.

Speaking with The According, a member of the PDP representing Obokun/Oriade Federal Constituency, Osun State, Mr Oluwole Oke, urged Nigerians to be patient, noting that having already passed a motion for the review of the 2024 budget, the House would unravel the truth or otherwise of Ningi’s claims.

He said, “The 2024 budget as passed by the National Assembly is itself, a work in progress in view of the current realities but do not forget that the House in plenary last week, passed a motion to review the 2024 budget.

“This review will reveal whether the allegations reportedly made by Senator Ningi are true or not. However, the budget we passed on the floor of the House is not N25trn but N28.7trn.”

Similarly, the Deputy Chairman, the House Committee on Justice and member representing Ezeagu/Udi Federal Constituency, Enugu State, Sunday Umeha, stated that opposition members of the House would support a probe into Ningi’s allegations if a case of budget padding was established.

Umeha, a member of the Labour Party said, “So far, my investigation of the 2024 budget has not revealed the allegations made by Senator Ningi, but if it is established that indeed there was a case of budget padding, we will definitely call for a probe. I don’t think it is right to speak on speculation because, at the moment, it is an allegation that has not been proven.”

Asked about his position on the matter, a PDP chieftain and Chairman, Public Accounts Committee, Bamidele Salam, simply said, “Only the Minority Leader can speak on behalf of the caucus.”

In a related development, the lawmaker representing Ondo South, Jimoh Ibrahim (APC), has said he will prosecute his colleague for misinforming the public and lying against the Senate.

He said, “What Ningi said is very embarrassing. We are the 10th Senate and will not just fold our hands. The Senate approved only one appropriation for 2024. We never approved two. The presidency of Nigeria cannot operate with two budgets.

“Senator Ningi made this false information and it’s unacceptable. It is causing uncomfortable pains to our integrity; integrity of children and family as people read it all over the world and are raising questions.”

He noted that he had personally taken it upon himself to request the Inspector-General of Police, Kayode Egbetokun, to as a matter of urgency charge Ningi for criminal misinformation and conduct likely to cause a breach of peace.

He said, “If the Senate will not move to do that in the next seven days, I will write a letter, and I have started doing that to the IGP to investigate the circumstances leading to approval of two appropriations and if the IGP will not do it, I will ask for the order of mandamus to compel a public officer to do that.”

“Senator Ningi must be charged to court. The charges must be preferred by the criminal justice department for the governments and after thorough investigation.’’

Additional reports by Adebayo Folorunsho-Francis and Dirisu Yakubu

FG unveils conditional grant scheme for merchants

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The Federal Government says it has rolled out a Presidential Conditional Grant Scheme to empower nanobusinesses as part of the Presidential Palliative Programme.

According to a statement by the Bank of Industry, the scheme offers grants, without repayment obligations, to eligible small business owners operating in various sectors such as trading, food services, ICT, transportation, creatives and artisans.

The PCGS targets 70 per cent women and youth, 10 per cent people with disabilities, and 5 per cent senior citizens, with the remaining 15 per cent distributed to other demographics.

By focusing on this often-overlooked group of business owners, the program seeks to unlock the potential of Nigeria’s burgeoning entrepreneurial ecosystem and drive sustainable economic development at the grassroots level.

The initiative is implemented by the Federal Ministry of Industry, Trade and Investment with the Bank of Industry as the executing agency.

The N50,000 grant per beneficiary will reach one million small businesses in the 774 local government areas and the six council areas in the Federal Capital Territory.

Beneficiaries of the initiative have been selected through a process that includes the verification of each business owner through their National Identification Number and Bank Verification Number.

Successful applicants must meet specific criteria, including owning a small business with progressive economic potential, a willingness to grow, and engaging at least one additional staff member when necessary.

Applicants also provided proof of residential/business address and relevant personal and bank account information before the December 18, 2023, deadline.

Alake advocates mineral fairness to keep away from debt lure

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The Minister of Solid Minerals Development, Dr Oladele Alake, has urged mineral-rich African countries to use the proven mineral reserves of their countries as equity in joint ventures as an alternative to loans.

He also encouraged African leaders to stop accepting financial agreements that lead to chronic indebtedness and worsen the plight of their people.

According to a statement signed by the minister’s Special Assistant to the minister on Media, Segun Tomori, on Monday, Alake stated this while speaking at a Ministerial Roundtable on Powering Africa in Washington DC, USA.

He bemoaned the unwholesome pressure exerted on African governments by loan marketers, despite global concerns over the declining capacity of many countries to settle their debts.

He said, “It is an interesting paradox that in spite of their chronic indebtedness, African countries remain the target of institutional and private loan sharks marketing short and long-term credit to ministries, departments, and agencies.

“Indeed, in the first month after a minister is sworn into office, he or she is literally bombarded by these marketers promising above-the-table and under-the-table deals.”

Alake, who doubles as the chairman of the African Minerals Strategy Group, the body of ministers of mining and mineral development in Africa, canvassed an alternative to loans, which he defined as using proven mineral reserves as equity.

He explained, “In the mining sector, in-situ equity, where the verified value of unextracted mineral can be the equity of the owner in joint ventures, is a better financial arrangement than the road to chronic indebtedness.”

He said only loans that could be liquidated by the returns on the project should be accepted to save the people from poverty.

“I have criticised the predilection of Nigerian governments to sign the dotted lines of loan agreements on the flimsiest excuse, mostly with stiff conditions, which hurt the common people. Therefore, I believe African governments should exercise patriotic circumspection and due diligence before committing their sovereignty.”

Currently, Nigeria has a total debt of N87.91tn as of the end of September 2023, according to the Debt Management Office.

The breakdown of the debt showed that external debt stood at N31.98tn ($41.59bn) and domestic debt was N55.93tn.

The statement added that the minister’s presentation set the tone for his meetings with investors on the sidelines of the conference.

Also, in top-level talks with the delegation of the United States International Development Finance Corporation, he shared the vision of the Tinubu administration to reposition the sector to compete with others to attract investments.

According to Alake, the administration has focused on developing the critical minerals sector to diversify the economy from oil.

“There are certain things that we need to bolster that sector, and all the support we can get is crucial. First and foremost is critical big data, which is exploration. We are actively working to sanitise the sector, including establishing a new security architecture to secure the mining environment,” he said.

Speaking further at the parley with the Chief Operating Officer of the US IDFC, Agnes Dasewicz, and her team, Alake stated that Nigeria has an abundance of 44 critical minerals that exist in commercial quantities; emphasising ongoing reforms by the President Tinubu administration are poised to sanitise the sector and make it attractive to big players.

In her submission, Dasewicz lauded the renewed focus on solid minerals by Nigeria, stating her corporation’s interest in providing the required support to strengthen the mining sector value chain.

“We partner with private sector players to deliver financing to mining companies to help them really expand what they can do. Some of the focus sectors that we have are critical minerals and infrastructure; health and agriculture as well as energy. We would love to do more in the critical minerals sector, and we know there is a lot of potential in that regard, in Nigeria,” she added.

Tomori added that further engagement will continue between the minister’s team, comprising Solid Minerals Development Fund Executive Secretary, Fatima Shinkafi, other top ministry officials, and representatives of the US IDFC to execute areas of partnership.

One killed as gunmen invade Ebonyi LG chair’s lodge

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Gunmen have reportedly invaded the hotel of the Chairman of the Ohaukwu Local Government Area of Ebonyi State, Ikechukwu Odono, killing one person.

Our correspondent gathered that the hoodlums also burnt no fewer than seven cars parked on the premises of the hotel, which is located in Ezzangbo in the council area.

It was learnt that the assailants invaded the hotel at about 11pm on Sunday, attacked and killed one of its occupants, then shot sporadically for six hours until 5am on Monday.

Images at the scene of the incident, which our correspondent saw online, depicted a pool of blood on the staircase of the hotel.

A community source, who pleaded anonymity, said, “My brother, remember that this area (Ezzangbo) has been under attack by gunmen; but the incident last night was the mother of all the attacks.

“This time around, the hoodlums went straight to the hotel of the Ohaukwu Local Government Area and unleashed their mayhem. Some told me one person was killed, but many said three persons were killed. So, it was devastating.

“Nobody knows what’s going on. Just last week, about five policemen were killed. One is wondering what’s going on in Ebonyi North Zone. It’s getting worrisome—I mean the spate of insecurity here.”

Also, a Vigilante operative from the area, who equally did not want his name in print, said the incident took place around 11pm, adding, “On that night, the hotel and the residence of the Executive Chairman of Ohaukwu LGA, Hon. Prince Ikechukwu Odono, were attacked by unidentified gunmen.

“One Onwe Chukwuka, (aka Mature), was shot dead; another person, Mr Odono Peter, Cross, was also shot and he sustained a serious bullet wound. Nine vehicles were burnt.”

Confirming the incident, the state Police Public Relations Officer, DSP Joshua Ukandu, on Monday, said the gunmen attacked the hotel on Sunday night, which led to the killing of one person.

He added, “Several vehicles were set ablaze in the hotel by the gunmen during the attack.”

Ibadan explosion victims allege neglect, govt says N193m spent on payments

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Some victims of the recent Bodija explosion in Ibadan, Oyo State, on Monday, alleged abandonment by the state government.

The According reports that five people were confirmed dead, 55 houses were damaged while 78 persons sustained injuries in the explosion that rocked Adeyi Avenue, Old Bodija, Ibadan, in the Ibadan North Local Government Area of the state, on Tuesday, January 16, 2024.

Our correspondent, who visited the community, on Saturday, observed that a few landlords whose buildings passed the integrity test conducted by the state government had begun the renovation of their property.

Though security operatives of the Nigerian Army, Nigeria Security and Civil Defence Corps and Amotekun were still at the various entrances leading to the scene to maintain law and order,  owners and artisans were being allowed movement with vehicles bringing in materials needed for the repair of damaged buildings.

Most of the affected residents were being accommodated by the state government in a hotel in the city.

Some of the victims, who spoke with our correspondent, who visited the hotel, on Monday, lamented alleged abandonment by the government.

One of the affected residents, Ayo Ogunlola, said, “We are victims of the Bodija explosion, with most of us having our houses sited within the corridor of the explosion and our houses and property were destroyed. The Governor, Seyi Makinde, in his character as a responsible leader, decided to house most of us who were homeless in various hotels. We were originally housed at Calton Gate Hotels, a gesture we sincerely appreciate. On February 16, the hotel management decided to forcefully evict us using various tactics.

“They stopped giving us food and went to the extent of harassing us with armed guards in our rooms. We were eventually relocated to Orchard Hotels with a standby instruction of one meal per room, irrespective of the number of occupants. Some of us decided to boycott the food because it was humiliating.

“Unfortunately, the hotel has started maltreating us. The so-called one meal has been stopped and light is gradually being withdrawn. We know we are guests of the state government. We want to make it clear today that most of us are in the hotel today because the result of the integrity test for most of the houses has just been released, and renovation just commenced.

“Also, the restoration of electricity, which is entirely the job of the government and Ibadan Electricity Distribution Company is still on hold, by implication, no electricity in our part of the estate. Are they expecting us to move to the estate without basic facilities? We want quick and urgent intervention, we cannot stand this humiliation again.”

Another victim, Ibrahim Adekunle, said, “It is so difficult here, but our main body, I mean the association of landlords, is making moves towards seeing the governor and making a presentation on behalf of everybody. We expect the government to take action. They have written a letter to the governor and are only waiting for a date when they will meet with us.”

Also speaking, Taiwo Adebiyi said, “We thought that after our relocation here after three days, they would come to pay us a visit, but nothing like that happened. The only government official who came, who is the Director of Protocol, was called when the management of the hotel was harassing us with the threat to eject us.

However, a statement by the state Commissioner for Information and Orientation, Dotun Oyelade, on Monday, debunked the insinuation that the government had abandoned the welfare of victims of the Bodija explosion.

He said, “The government has debunked the insinuation that it has abandoned the welfare of victims of the Bodija explosion in Ibadan. The rumour is unfair and unnecessary. Ever since the January 16 explosion, the government has been spending between N15m and N20m weekly on accommodation and feeding for the victims in the past eight weeks.

“As we speak, the government has spent over N160m on accommodation and feeding alone for the victims who were immediately accommodated at the hotels and 38 of them still residing in the various hotels. In the same vein, the government has picked up a medical bill of over N17m while those still in hospitals are being actively catered for.”

Oyelade also said that N2m is spent weekly, amounting to N16m in eight weeks, for security operatives to protect the property left behind by the victims.

On the rumour that some of the victims were ejected from their hotels, the commissioner said nothing could be farther from the truth.

“One of the hotels at Idi-Ape informed their occupants that they would like to fumigate their premises and the government took it upon itself to immediately arrange transportation for the explosion victims to be accommodated in another hotel at Jericho together with members of their families.

“The government does not think making an issue of fumigating a facility is the correct thing to do because such exercise is routine and the prerogative of the hotel owners.

“On the accusation that victims’ meals have been reduced to one, the government sees this as equally spurious because many hotels provide complimentary breakfast, and most of our wards go out in the daytime, hence, the government’s decision to provide dinner.”

How CBN awarded contracts to Emefiele’s spouse, in-law – EFCC

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A witness of the Economic and Financial Crimes Commission, Agboro Omowera,  on Monday, told a Federal Capital Territory High Court in Maitama that 10 officials of the Central Bank of Nigeria, including the former CBN Governor, Godwin Emefiele, minuted on the documents for the award of multi-million contracts to April 1616 and Architekon Nigeria Limited.

The EFCC accused Emefiele of using his position to confer a corrupt advantage on his wife, Margret, and brother-in-law by approving the payment of the total sum of N97.9m in favour of Architekon Nigeria Ltd, where both are directors.

According to the anti-graft agency, the N97.9m contract was for the supply of office furniture to the CBN.

The investigator, who is the seventh prosecution witness, while being cross-examined by the defendant’s counsel, Mathew Burkaa(SAN), stated that 10 persons acted on the documents with which the contracts were awarded.

He added that the buck stopped at Emefiele’s table, being the CBN governor at the time.

He said,  “Ten persons acted on the documents awarding these contracts.

“There are 10 minutes and one approval, so one person takes the responsibility.

“He (Emefiele) is the head of the CBN and the buck stops at his table.”

When Burkaa asked the witness if Emefiele conferred a corrupt advantage on himself, he said, “No. Why I said no is because we limited our investigation to his relatives and associates and not him.”

Earlier,   Omowera while being led in evidence by the counsel for the EFCC, Rotimi Oyedepo (SAN), told the court that the findings of his investigations showed that Emefiele conferred a corrupt and unfair advantage on Architekon Nigeria Limited and April 1616.

According to him, Emefiele’s wife, Margaret Omoyile, is listed as a director of Archtekon Nigeria Limited.

He added that Emefiele’s wife used her maiden name to register the company.

Omowera said a staff of the CBN,

Sa`adatu Yaro was also listed as a director of April 1616 Investment Ltd.

According to him,  the company was awarded several contracts for the supply of over 45 Toyota Hilux vehicles, ranging from N854,700,000 to N99,900,000.

He added that his investigative team, comprising different agencies, including the Department of State Services, also found out that Yaro’s husband had other companies but they were not patronised by the CBN except the one in which the wife was a director.

Omowera said, “In the second company, April 1616 Investment Limited, we also discovered that one of the directors of that company by name, Sahadatu Ramalan Yaro, was a director of April 1616 Investment.

“We discovered that the company was incorporated a few days after her employment with the CBN and she was posted to CBN Lagos office.

“In 2018, the company started to enjoy the patronage of the CBN in the procurement of particular vehicles, Toyota branded motors.

“During the period that the defendant was, this company was awarded about 45 different contracts

“My Lord, we were curious as investigators, how it was possible for a company that has no track record to continually win bids against Toyota-accredited bids.

“We tried to confirm whether this company was accredited by Toyota and to our surprise, it was not among the accredited bidders.”

The trial judge, Hamza Muazu subsequently adjourned the matter till April 25 for the continuation of the trial.

The According reports that on February 10, the EFCC declared Emefeile’s wife and three others wanted for allegedly conspiring with the former CBN governor to steal huge sums of money belonging to the Federal Government of Nigeria.

Tinubu condemns farmer-herder clashes, unveils Niger agric, airport tasks

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President Bola Tinubu, on Monday, said that given adequate provision of lands by state governments, his administration was ready to implement a comprehensive programme to end farmer-herders clashes nationwide.

Tinubu gave this assurance when he flagged off the Food Security and Agricultural Mechanisation Programme in Niger State, on Monday.

A statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, revealed that Tinubu also pledged his commitment to ensuring food sufficiency and protecting local industries for sustainable economic growth.

The statement was titled ‘President Tinubu inaugurates agricultural machinery in Niger, says Nigeria must feed its people and have enough for export.’

“I know what it means for roaming cows to eat crops and the vegetation of our land. I know it is painful. But when we re-orient the herder and make provision for cattle rearing, we can address that,” the President said.

Tinubu’s comments come nearly two weeks after the Federal Government commenced the Pulaku Initiative, a large-scale resettlement programme, to address the root causes of gory clashes between farmers and herders in various flashpoints nationwide.

Pulaku, also called the “Fulani code of conduct,” is an integral cultural and ethical value system specific to the Fulanis.

The programme, the FG said, would initially focus on seven states disproportionately affected by farmer-herder conflicts.

They are “Sokoto, Kebbi, Benue, Katsina, Zamfara, Niger, and Kaduna State,” a statement signed by the Senior Special Assistant on Media and Communications to the Vice President, Stanley Nkwocha, said on February 13, 2024.

Speaking in Minna, the Niger State capital, Tinubu told governors, “You are the governors who are to provide us with land. I, as President, I am committed to providing a comprehensive programme that will solve this problem.”

Tinubu also urged sub-national governments to, as an immediate intervention measure, implement wage awards in their states to complement the efforts of the Federal Government’s efforts to ease the burden of citizens, pending when the minimum wage would be increased.

“I am equally here to partner with you to banish hunger. You are doing the job. And it is necessary for me to support you; it is mandatory as Nigerians.

“When you read newspapers, some of us are confused about whether to abuse the past or the present or to make excuses for the future. But that is not in my dictionary.

“I think action now, re-engineer the finances of our country and steer it on the right path,” the President said.

Doubling down on citizens’ welfare, Tinubu asked states to replicate the wage award initiative paid to federal workers.

He asserted, “We need to relieve our people of hunger. Let all the sub-nationals start paying wage awards, pending when the minimum wage is increased. I am not giving an order; I am only appealing. NEC should adopt this.”

The Food Security and Agricultural Mechanisation Programme is an initiative of the Niger State government.

It is meant to deploy cutting-edge agricultural machinery and technology for large-scale agro-value chain development in the state.

Speaking at the inauguration, President Tinubu said, “We have seen the level of commitment here. We have seen leadership. The success of any leader will depend on the ability to do what needs to be done when it ought to be done.

“It is now time for us to address the challenges and make Nigeria an economy of opportunities. We must care for our people; re-orient our people. I do not see why Nigeria cannot feed all students in its schools.”

Appreciating the President for honouring his invitation and inaugurating the facilities, Niger’s Governor Mohammed Bago said four states, Benue, Kogi, Kwara, and Lagos had already signed memoranda of understanding on building partnerships for the development of agriculture.

“Mr. President, your presence here today underscores the importance of this occasion for our state in particular and Nigeria as a whole, as we gather to celebrate a good example demonstrated in our modest contribution to infrastructure and agricultural development encapsulated in our New Niger Agenda.

“For us, agriculture is key to addressing the challenges in critical sectors of our economy, and we shall seize every opportunity for the attainment of growth and engender prosperity for the people of our beloved state and by extension our country, Nigeria,” Bago said.

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, revealed that the Federal Government had signed an agreement with the Brazilian government and German Deutsch Bank Group as financiers of a facility of €995m for the Green Imperative Programme which will provide mechanisation hubs across the 774 local government areas in Nigeria when implemented.

“A Memorandum of Understanding between the Federal Government and the John Deer Group, a subsidiary of Tata Equipment, was signed.

“The manufacturer has signed to deliver 10,000 units of tractors and implement in tranches of 2,000 units per annum for the next five years.

“The Greener Hope Initiative is another veritable platform the Federal Government is deploying to ultimately change the deficit narrative in the Nigerian agricultural mechanization space,’’ Kyari added.

While in Niger State, President Tinubu also visited former Nigerian Heads of State, General Ibrahim Babangida and General Abdulsalami Abubakar with whom he had fruitful discussions concerning the advancement of the nation, Ngelale revealed.

EFCC tenders extra proof in opposition to P&ID director

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The Economic and Financial Crimes Commission, on Monday, tendered additional evidence against MICAD Project City Services Limited, and James Nolan, a Director of Process and Industrial Development Limited, before Justice Nora Egwuatu of the Federal High Court, sitting in Abuja.

This was made known in a statement by the Head, Media and Publicity of the EFCC, Dele Oyewale.

The criminal case stemmed from controversial Gas Supply Processing Agreement between  Process and Industrial Development and the Federal Government of Nigeria.

P&ID had obtained a $11bn award against the Federal Government over the botched contract.

But reprieve came the way of the country last October when a London arbitration court set aside the $11bn award, holding that the contract was fraudulently secured.

MICAD Project City Services Limited and James Nolan facing 20 counts bordering on “obtaining by false pretense, money laundering and criminal conversion of proceeds of crime, to the tune N151,394,328.00.”

In February, the International Criminal Police Organisation said it had arrested Nolan, in Italy after he jumped bail in Nigeria 2022, in the ongoing $9.6bn P&ID scandal.

At Monday’s court session, the prosecution counsel, Bala Sanga, informed the court that the EFCC had filed additional evidence before the court on February 20, 2024, and the defence counsel, Micheal Ajara, confirmed that they had been served the evidence.

Sanga then presented the third prosecution witness,  Nnedimma  Eyisi, a lawyer,   who narrated to the court how James Nolan informed her that he needed to renew himself as the Director of MICAD.

Bandits kill seven, injure scores in Plateau market assault

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At least seven persons were confirmed dead on Monday after bandits attacked a market in the Wase Local Government Area of Plateau State.

The attack, which happened at Zurak Compani Market on Sunday afternoon,  also left several others injured.

A youth leader in the community, Abdullahi Hussaini, who confirmed the incident on Monday, said that the bandits arrived at the market when it was bubbling around 2 pm and opened fire on the people transacting their businesses which led to the death of the victims.

Hussaini said, “The gunmen arrived in the market in their numbers, riding on motorcycles. They started shooting sporadically, killing seven people instantly while many others were injured.

“The gunmen successfully launched the attack and fled without any resistance because people were not expecting any security threat at the moment. They later fled to the bush but police personnel have been deployed in the community to restore law and other.”

He called for more security deployment in the area “because we don’t know what may happen anytime soon.”

The spokesperson for the state police command, Alfred Alabo, confirmed the attack but said four and not seven persons were killed.

Alabo said, “We are aware of the Zurak Compani incident, Four persons died and six persons, who were injured, are receiving treatment. Meanwhile, we have deployed our men to the area while investigation continues.”

Our correspondent reports that the Wase LGA situated over 200 kilometres from Jos had suffered several bandit attacks and kidnaps in the past. The community knew a brief reprieve before the Sunday attack.

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