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Billboards for “All Eyes On The Judiciary” are not objectionable, says Atedo Peterside

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Atedo Peterside, the founder of Stanbic IBTC and the Anap Foundation, supported the slogan “All Eyes on the Judiciary” on Friday.

According to Peterside, the statement shouldn’t offend a “right-thinking person.”

For the record, methinks #AllEyesOnTheJudiciary is a neutral slogan that should typically not disturb a right-thinking & sincere person in a civilised society, according to Peterside on X, formerly Twitter, which defended the phrase.

“I can understand why someone would reject a slogan like “Let’s snub the judiciary. I’ve said enough.

After the Advertising Regulatory Council of Nigeria disbanded its Advertising Standards Panel as a result of the controversy sparked by the billboards, Peterside took his position a few days later.

The offered suggestions were not approved by the panel, according to a statement released on Tuesday by Dr. Olalekan Fadolapo, Director General of ARCON.

According to Fadolapo, this prompted the council to order the immediate removal of the content and the implementation of fines against the violators.

“The Advertising Standards Panel of the Council also erred in the approval of one of the concepts as the advertisement failed the vetting guidelines on the following grounds,” Fadolapo continued.

This saying recently acquired notoriety when it was posted on billboards in Abuja during the Presidential Election Petitions Tribunal proceedings.

In this trial, Atiku Abubakar of the Peoples Democratic Party (PDP) and Peter Obi of the Labour Party (LP) are contesting President Bola Tinubu’s victory.

With 8,794,726 votes, Tinubu defeated Abubakar and Obi to win the election on February 25. Abubakar received 6,984,520 votes, and Obi received 6,101,533 votes.

Palliative N5bn spending won’t end poverty, claims NLC

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When distributed among the more than 133 million multifacetedly impoverished Nigerians, the N5 billion palliative package offered by the federal government won’t equal N1500 per individual, according to Joe Ajero, president of the Nigerian Labour Congress.

Ajero stated this on Friday during an interview on the Politics Today programme on Channels Television. Citing data from the National Bureau of Statistics, he claimed that N185 billion could not possibly make a difference for the 133 million multifacetedly impoverished Nigerians.

The leader of the labour union insisted that even if the money were translated to the equivalent of six trailers of rice, it would not equal one cup of rice for each person.

He continued by saying that more Nigerians had crossed the line into extreme poverty between the first and most recent increases in the price of petrol at the pump.

You will agree that it is impossible to feel the impact of such a number at a time like this when the Bureau of Statistics has come forward and stated that over 133 million Nigerians are multidimensionally poor. Let’s suppose that it is a palliative and not a loan.

“You begin to question the effect of N185 billion on 133 million people by their own, who are multifacetedly poor.

“In fact, many people shifted from the edge of poverty to a very high level of poverty between the first and most recent increases in the price of petrol at the pump. If you add that up and do the maths, you’ll find that it doesn’t come to N1500 per person, and you’ll wonder if that’s the impact we want to make’, he said.

Mixed Reactions as Nigeria Loses To Gambia In Best Jollof 2023

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Social media has been used by Jollof rice aficionados from around the world to express their opinions about The Gambia winning the 2023 Jollof competition at the West Africa Food Festival in Lagos, Nigeria.

The winning team, led by the award-winning Chef Saikou Bojang, defeated 15 other nations, including Liberia, Ghana, and Nigeria, during the competition, which took place from August 9 to 14.

Four master seminars, cuisine, and wine tastings were all part of WAFFEST.

Tweeps have reacted to The Gambia’s victory by using the social media site X to express their opinions on the contest.

While some people were happy for The Gambia, others were shocked by their victory.

“The Gambia is the champion of Jollof!!!” tweeted Ava Dadonness. Liberia, Ghana, and Nigeria may now put it away.

Thatmarieaj, “Chef Bojang @SenegambiaHotel is a great cook, and I had the pleasure of working with him.” Congratulations, team Gambia.

Father Hussain, “I don’t ever want to hear another JOLLOF RICE debate on this app!” The Gambia is in the lead. In the muck, Ghana and Nigeria.

Renee Rachel “So the Gambia won first place at the Lagos Jollof Rice Competition?!” I can see that my people are upset.

Sheabuttaqueen declared, “The jollof from another country other than Gambia and Senegal doesn’t compare.”

“The Gambia keeps winning this Jollof rice competition, 3 times in a row gotta mean something ukno,” Amie Bright further tweeted. Our only issue, which accounts for our absence from the scene, is the small population! LMAO smh.

Taking a dig at Ghana’s and Nigeria’s jollof prowess, HelloPrincess tweeted, “Ok so Gambia won the best jollof rice competition. Ghana and Nigeria need to quit yapping right away.

Several more Twitter users joined the chat and expressed shock at The Gambia’s victory in the following way:

The Gambia defeated Liberia in a Jollof competition, a Liberian named Ciatta Doe tweeted. FOOLISHNESS.”

Obinna. The Gambia achieving first place in the jollof competition is as absurd as a fish riding a bicycle, according to Et, who disagreed with the victory. a flaw in the system of gastronomic expectations. Very difficult to imagine!”

Royal Etonde, “I don’t even think Nigerian Jollof is in the top 3,” The top 4 are Senegal, Gambia, Liberia, and Cameroon (in that order).

“Wtf u mean Gambia won the competition for best jollof rice???” was all Eman tweeted.

Court rejects Emefiele’s ally’s charge against DSS for violating human rights.

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Friday, a Federal Capital Territory High Court dismissed a lawsuit for fundamental human rights brought by Sa’adatu Yaro, a member of staff at the Central Bank of Nigeria, against the Department of State Services.

The lawsuit demanded both a release order for her six exotic cars that were impounded by the secret police on July 12 and bail to avoid further imprisonment.

In the N6.9 billion procurement fraud lawsuit brought by the Federal Government against suspended CBN governor Godwin Emefile, Yaro is the second defendant.

On Thursday, the start of the case’s trial was delayed due to Yaro’s absence.

But in a motion on notice with the filing number FCT/HC/CV/6918/23 Through her attorney, J.B. Daudu SAN, Yaro requested that the court rule that her arrest on July 12, 2023, her husband’s detention, and the confiscation of her six exotic cars were all violations of her basic human rights.

Daudu further contended that the DSS lacked jurisdiction and legal authority to look into the applicant’s business operations because it was not an anti-graft agency.

According to him, Sections 34 and 35 of the 1999 Constitution of the Federal Republic of Nigeria infringe the applicant’s right to personal liberty and right to human dignity because they have been continuously violated by the DSS since the 12th day of July 2023.

Customs to reestablish ties with Chad, Cameroon

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Adewale Adeniyi, the Nigeria Customs Service’s acting comptroller general, has stated that the organisation plans to rebuild positive ties with Cameroon and the southern region of Chad.

This was said by Adeniyi in a statement that was received on Friday while he was hosting Prof. Babagana Zulum, the Governor of Borno State, in Abuja.

The service, according to him, would revive cross-border trade in the northeast.

Adeniyi also indicated his willingness for the service to enhance commerce activity in Nigeria’s northeast.

As the insurgency has weakened, he continued, “Moving forward, we will need your cooperation to connect with people of the Borno border communities. We will strengthen our positive connection with Cameroon and, of course, the southern part of Chad by using it as a springboard.

The policy, in accordance with the head of Customs, will strengthen the local economy and provide jobs for residents of the state.

The CGC valued the long-standing partnership between the service and the government of Borno State in terms of border security and humanitarian aid.

He also reaffirmed his willingness to assist terrorism victims in the state.

He told the governor that his government was committed to working with the military to create new policies that would help restore the region’s cross-border trade in its entirety.

Zulum had already congratulated Adeniyi on being named the CGC.

“Let me start by congratulating you on being named the new Comptroller-General of this important body in this nation. In addition, Zulum said, “I want to applaud the NCS for raising the living standards for the displaced communities in Borno and other parts of the northeastern region.

He praised the organisation for providing food and non-food products to the state’s displaced people, which, in his opinion, lessens the suffering of the Boko Haram insurgency’s victims.

I’m here to ask for your help in providing food and non-food items to Borno State’s most needy residents.

In order to encourage cross-border trade in the North-East, notably in Borno State, the governor indicated interest in working with the service.

I want to convey my willingness to collaborate with the NCS to improve the flow of products over Nigeria’s borders with Cameroon, Chad, and Niger as peace has gradually returned to Borno State.

Niger coup: Treason charge in Bazoum has no legal foundation – UN

Volker Turk, the head of the UN human rights office, argued that the military government of Niger lacked legal justification for bringing high treason charges against ousted president Mohamed Bazoum.

Turk added that Niger’s basic concept of freedom was in jeopardy.

The Niger junta declared on August 13, 2023, that it will charge deposed Bazoum with high treason for his communications with foreign leaders of state and international organizations.

The military authorities have “gathered the necessary evidence to prosecute the ousted president…for high treason and compromising the internal and foreign security of Niger,” according to Junta spokesperson Colonel Amadou Abdramane.

According to Reuters, the UN human rights director responded by declaring that the judgment was politically motivated against a democratically elected president and had any legal support since it ignored how democratic institutions typically operate.

“Niger’s very idea of independence is in jeopardy.

“Generals cannot decide on their own to disregard the will of the people. Gun rule is out of date in today’s society.

Niger, a significant uranium producer and a Western partner in the struggle against an Islamist insurgency, has seen its elected government overthrown and Bazoum imprisoned by the coup leaders.

10 important lessons from CBN’s mechanism for verifying foreign exchange rates

A method for verifying foreign exchange prices has been introduced by the Central Bank of Nigeria to provide importers access to foreign currency.

As of August 31, 2023, all Form M requests must include a price verification report from the site, according to a statement from the apex bank’s Trade and Exchange Department on Thursday evening.

According to the CBN, Form M is a legally required form that must be filled out by all importers when bringing products into Nigeria.

“The Central Bank of Nigeria hereby announces the Go-Live of the Price Verification System (PVS),” the announcement said. “Following the successful conduct of the pilot run and various trainings held with all the banks,” it continued.

The PUNCH summarises 10 major findings from the CBN forex pricing verification system in this paper, which is a development of the e-evaluator and e-Invoice CBN established in 2022 to replace hard copy final invoices in documentation processes for FX;

1. On August 31, the Price Verification System will go online.

2. A valid Price Verification Report, which can only be produced via the recently formed Price Verification System, must be submitted with every application for Forms M.

3. The Price Verification Report will now be a necessary trade document before Form M can be submitted.

4. The Federal Ministry of Finance of the Federal Republic of Nigeria, in coordination with the Central Bank of Nigeria (CBN) and the Nigerian Customs, has implemented the mandatory Form M documentation process, which enables the collection of import duties when necessary.

5. The PVS will assist in streamlining and controlling financial activities and paperwork in the banking industry.

6. The PVS is a development of the e-evaluator and e-Invoice, which CBN introduced in 2022 to replace the paper copy final invoices that were a requirement for all import and export operations.

7. Prices for imports and exports that exceed 2.5% of the confirmed prices will be questioned and Form M will not be accepted.

8. Nigerian importers and exporters of goods and services are required to register on the CBN’s designated electronic portal, which is run by the CBN’s chosen service provider.

9. A verification report and digital certificate, both of which are valid for a year, will be given to the importer or exporter following successful registration and authentication.

10. For each provider that is authenticated on the system, an annual subscription fee of an unconfirmed amount (formerly $350) will be paid.

Falana sues CBN, says floating of naira ‘illegal’

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The Central Bank of Nigeria’s flotation of the naira has drawn criticism from human rights attorney Femi Falana, SAN.

Falana also revealed that he is suing to stop the naira from floating, calling the move “illegal.”

The CBN allegedly gave deposit money banks the order to let the naira float freely against foreign currencies on June 14, when it was trading in the Investors and Exporters window at a range of 730 to 755 against the dollar. The exchange rate is now shown as being N744 to N746 on the CBN website.

Falana asserted, however, that the CBN Act mandates that the central bank establish the currency rate in a Friday appearance on Channels Television’s Sunrise Daily.

“Floating the naira is not permitted. It’s prohibited. You claim that market forces will determine how much the naira is worth. The law does not mention that.

“I had to sue the Central Bank of Nigeria at the Federal High Court because Section 16 of the Central Bank Act had mandated that the Central Bank fix and determine the rate of the naira vis-à-vis other currencies,” he stated.

Falana cites Section 20(1) of the CBN Act, which specifies that only the currency notes issued by the Central Bank, specifically the naira, are recognised as official legal tender in Nigeria. The use of any other currency in Nigeria without the central bank’s permission is prohibited by Section 20(5) of the Act, which carries a six-month prison sentence.

We won’t make any progress, according to Falana, until government representatives take action to fortify the naira and make it the only accepted form of payment in Nigeria.

Additionally, he pointed out that the Federal Government’s approval of N5 billion for each state and the FCT as palliatives is only a short-term solution meant to deflect attention.

They are only short-term solutions. Some of them are very pointless, and government officials have not addressed the dollarization of the economy, which is what caused the issue in the first place.

The dollarization of the economy, he said, would consume any palliatives that were announced.

Abuja Chamber of Commerce applauds Wike on his appointment as minister

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Nyesom Wike, once the governor
Former Rivers State Governor Nyesom Wike has been welcomed on his appointment as the Minister of the Federal Capital Territory by the Abuja Chamber of Commerce and Industry and the FCT Youth Network.

The titles of President Bola Tinubu’s ministers were made public by the Presidency on Wednesday night.

The Director General of the ACCI, Victoria Akai, congratulated Wike and stated that the Chamber thought his record of fostering economic growth in Rivers State would benefit the FCT. She also expressed hope that the minister would give the challenges faced by members priority and welcome input from the private sector.

The Abuja Chamber of Commerce and Industry extends its congratulations to Nyesom Wike on being named the new FCT Minister. The Federal Capital Territory will profit from Mr. Wike’s leadership abilities and track record of fostering economic development and progress in Rivers State, in our opinion.

“We look forward to working with him and his team to improve Abuja’s economic climate, draw in additional investments, and ease trade and commerce.

“We expect that the new minister will give top priority to the important issues and problems that our members confront, such as the improvement of the infrastructure, business-friendly conditions, security, and policy coherence. Additionally, we implore the minister to work with the private sector and consider our comments and recommendations in order to reach amicable agreements.

Similarly, Umar Mankeri, the FCT Youth Network’s Youth Leader, praised the President for naming Wike as the FCT minister and expressed confidence that “he will perform what he has done as governor of Rivers State.”

Mankeri, who expressed faith in Wike’s expertise and experience as a former governor and minister, requested the minister to look into the problems of population increase and youth unemployment in the FCT.

It’s important to remember that everyone agrees that as the minister of the FCT, you’ll break records. As the population in the FCT has been increasing, the FCT Youth Network would appreciate it if you could check into our problems. And the problem of unemployment, which has made our nation poor.

According to TheNigerian, the President would administer the oath of office to the newly chosen ministers on Monday, August 21, 2023.

Father of seven, 84, kills wife after she declines sex

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The Edo State Police Command has detained 84-year-old Gabriel Uhuwa for allegedly killing his wife for refusing to have sex with him.

On Wednesday, the command announced the arrest of 198 people for offenses ranging from murder and cultism to armed robbery, abduction, and illicit possession of guns.

Uhuwa was detained, according to the command’s public relations officer, Chidi Nwabuzor, for allegedly killing his 75-year-old wife for refusing to engage in sexual relations with him.

According to Nwabuzor, Uhuwa and his wife have been at odds over her claimed refusal to engage in sexual activity with him whenever he requested it.

He claimed that the elderly man had no regrets and believed that what he had done was the best way to solve his problem.

Uhuwa explained to reporters that his wife was not paying attention to him. She constantly said no when I invited her to join me in bed. Together, we have seven kids: five boys and two girls. The suspect claimed that after discussing the situation with his children, one of her daughters went to talk to the suspect’s wife but she refused to listen.

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“I brought up the issue with my family and her family members, but she didn’t listen to them and kept acting the same way she always had, and I was hearing rumors that pastors were having affairs with her.

The suspect continued, “Each time I requested sex, she would either claim to be ill or to have an ulcer, but I was hearing a rumor that she was sleeping with other men and I don’t have money to take prostitutes.

He said that after filing a complaint, his children stopped sending him money and answering his calls, claiming that his late wife had incited them to hate him.

So I grabbed a cutlass and macheted her in the house on Saturday last week in the afternoon. She wasn’t following me, so I did it out of rage, and I want everybody to know about it, he continued.

But after completing the act, he admitted that he had regretted killing his wife.