Irabor Hails Pilot of Downed Fighter Plane for His Bravery, Gallantry Says He Used Cover of Darkness and His Phone Set for Navigation to Elude Bandits

THISDAY Group Announces New Executive Appointments Momodu replaces Adebiyi as Editor, Iriekpen becomes Sunday Editor Olaleye, Chima, Akanbi, Alike, Others also promoted announced new executive Following the approval of the been appointed as the Editor Nume Ekeghe and senior appointments for board, Shaka Momodu after of THISDAY. THISDAY Newspapers and a 7-year stint as the Editor He succeeds Mr. Bolaji The board of directors the Arise News Channel, with of the Saturday and Sunday of THISDAY Group has immediate effect. titles of the newspaper, has Continued on page 12 Momodu Iriekpen

How Remi Tinubu’s Signal Inﬂuenced Voting on Electronic Transfer of Results...Page 8

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bravery he demonstrated in the Kingsley Nwezeh in Abuja fight against banditry. Earlier, the NAF had The Chief of Defence Staff, announced the crashing of a Gen. Lucky Irabor, yesterday fighter jet in Zamfara State while commended the pilot of the returning from an interdiction downed Alpha Jet fighter aircraft, mission. Flt. Lt. Abayomi Dairo, for his A statement by the spokesman bravery. of the Nigerian Air Force, Air Irabor, who met the pilot in Commodore Edward Gabkwet, company with the Chief of the said the aircraft came under Air Staff, Air Marshal Oladayo enemy fire, forcing Dairo to Amao, before proceeding to a eject from the aircraft. meeting with military veterans It said the crash occurred on in the North-west, commended July 18, 2021 at 12.45pm while the pilot for the gallantry and Continued on page 10 In Sallah Message, Buhari Challenges Nigerians to Expose Sponsors of Insecurity …Lawan, Gbajabiamila, Tinubu, CAN, PDP, preach unity, peace, love Deji Elumoye, Chuks sponsors of insecurity. Okocha, Onyebuchi Ezigbo The president, in a message and Udora Orizu in Abuja to mark the Eid-el-Kabir, also stressed the need for President Muhammadu Buhari Muslims to live in harmony yesterday urged Nigerians to with Nigerians of other faiths team up with his administration while praying for the progress RESCUED PILOT OF THE DOWNED JET... in battling the security crisis of the country. L-R: Chief of Defence Staﬀ (CDS), Gen. Lucky Irabor; Pilot of the downed Alpha jet, Flt. Lt. Abayomi Dairo; Chief of the Air Staﬀ, Air facing the country by exposing Continued on page 12 Marshal Oladayo Amao, while receiving the pilot ...yesterday

Oando, SEC Enter Settlement after Four Years of Dispute... Page 35 2 THISDAY • TUESDAY JULY 20, 2021 THISDAY • TUESDAY JULY 20, 2021 3 4 THISDAY • TUESDAY JULY 20, 2021 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY 5

Group News Editor Ejiofor Alike NEWS Email [email protected], 08066066268 Jega: Electronic Voting Useless Without Electronic Transfer of Results Says N’Assembly’s decision undermines electoral integrity gender, 493,128 are male while He said Online pre- 369,188 are female registrants.” registrants, who booked for Insists moves to subject INEC to presidency crazy, senseless He said a detailed appointment to complete distribution of registrants by their registration physically State/FCT, age, occupation and between Monday 19th and INEC confirms 752,011 persons registered online disability had been uploaded Friday 23rd July 2021 would Chuks Okocha in Abuja to transparent ETR" and Voter Education has affirmed the elections and that they on the Commission's website be notified within the next few condemned the action of that the Commission had the had been successful. and social media platforms. days of the new dates for their Immediate past National the National Assembly as capacity to transmit result real Meanwhile, INEC, yesterday The Commission, he noted, appointments. Chairman of the Independent retrogressive. time from all parts of the said a total of 752,011 new wished to reiterate its earlier Okoye explained that National Electoral Commission On what the amendments country. voters had registered online decision that, because of the prospective voters should (INEC), Professor Attahiru Jega, meant for the country's Speaking as a guest on, in the last 21 days. declaration of Tuesday 20th visit the portal (https://cvr. has described as utterly useless, democracy, Jega said, "The Sunrise Daily, a Channel TV A statement by Okoye stated and Wednesday 21st July inecnigeria.org) to choose a the idea of electronic voting action is taking us backwards, programme, Saturday morning, that the number represented 2021 as public holidays by new available date and time without electronic transmission and undermining electoral Okoye reiteratedthat over the an average of 35,810 registrants the federal government, the if they so desire, even as he of results, because approval for integrity as well as democratic years, INEC had tested and ran per day. commencement of physical reassured all Nigerians that the former was impossible development.” different forms of technological "Out of this figure, 562,254 registration has been every eligible citizen willing without the latter. But, Festus Okoye, the INEC and electronic additions to (74.7%) are youths between the rescheduled to Monday July to register as a voter would Jega, who carpeted the Commissioner in charge of improving the integrity of ages of 18 and 34. In terms of 26, 2021. have the opportunity to do so. Senate and the House of Representatives over their alleged attempt to undermine electoral integrity by whittling down the powers of the election management body andsubjecting its decision to the National Communication Commission (NCC), a body under the Presidency, said it was a crazy and senseless decision. Speaking with THISDAY, Jega re-affirmed his earlier comments about the amendments by the two arms of the National Assembly, describing it as crazy and encroaching on the independence and integrity of INEC, saying, "what the National Assembly did is senseless." According to him, "What the National Assembly is doing is senseless, if not a crazy amendment. How can you make the decision of INEC subject to confirmation, concurrence and approval of the NCC? A body under the presidency? And what has the National Assembly – a legislative body got to do with executive decision of INEC? "Without approval for Electronic Transmission of Results (ETR) their approval of the Electronic Voting System INAUGURATION OF NALDA… (EVS) is virtually useless,” the L-R: Governor of Kebbi State, Atiku Bagudu; CEO, National Agricultural Land Development Authority (NALDA), Prince Paul Ikonne; President Muhammadu Buhari; Governor former INEC chairman said, of Katsina State, Aminu Bello Masari; Hon Consul, Hungarian Embassy, Mr. Deri Endre and Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, at the commissioning of noting that the better alternative the First NALDA Integrated Farm Estate in Katsina State....yesterday. is for the Senate to grant INEC the powers to deploy to use, had to resuscitate it to meet the both the EVS and ETR. Buhari: With Determination, Lifting 100m growing needs of the country. I He explained that Senate am happy to see that the directive should grant INEC the power to the Executive Secretary/Chief to deploy both electronic Nigerians Out of Poverty, Realisable Executive Officer of NALDA, Paul voting system and electronic Ikonne, and his management team transmission of results as it weather conditions, good soil, and good soil types for all season the country today, we are seeing when I launched the National deems necessary of how and Deji Elumoye in Abuja human and material capacity, and farming. rising public and private interests Young Farmers Scheme (NYFS) when INEC could. a resilience to make a difference He added that a globalised in agriculture, especially among in November 2020, is gradually For example, Jega explained President Muhammadu by all the hardworking youths. world places more emphasis on the youth, and a steady migration taking shape. that, should "INEC decide to Buhari has said that with more “We can do it, and we will do competitive edge of the economy from subsistence to commercial “At the launch of the National deploy ETR ahead of EVS, and determination on the part of the it. No excuse will be good enough for relevance, and Nigeria will farming. Young Farmers Scheme, I recall if, and when, conditions are federal government, the target to remain a mono-economy with always play a leading role in “With the support of public that I told the management that appropriate, it can then deploy of lifting 100 million Nigerians all the challenges in oil production the agricultural sector, with the institutions, like the Central I have directed that all NALDA’s both simultaneously. But, as I out of poverty cycle is realisable. and fluctuating global prices when vastness in experience, crop Bank and Bank of Agriculture, abandoned farm estates be said, EVS, which the Senators He, therefore, canvassed more we have vast opportunities in cultivation, animal husbandry, old tools are giving way to more retrieved to enable thousands of approved for INEC, can't be synergy between government crop and livestock production." and more recently, a rising youth mechanised styles of farming, our young men and women to deployed without ETR. and the people, and diligence He stated that reliance on oil interest. credit lines are becoming be engaged in farming. "INEC has demonstrated in diversifying the economy, with has become a drawback on the He said: “As the world more accessible, and farming “This administration will capacity to go transparent ETR agriculture as the backbone to economy over the years, with becomes more globalised, is becoming more acceptable be achieving agricultural in a number of states and other realise the goal. unpredictable and fluctuating countries will continue to draw and fashionable. Indeed, we mechanisation through this off-season elections. They can The president, in a statement global prices that made it from their competitive advantage are witnessing a revolution in scheme and I am confident improve that capacity greatly yesterday by his spokesman, more difficult to effectively plan to remain relevant. My belief, the agricultural sector." that Nigeria under my watch, well before 2023. In any case, Mallam Garba Shehu, at the budgets, implement and measure and it is also shared by many He said NALDA was we will achieve food security in INEC has the professionalism inauguration of the first National outcomes. Nigerians, is that our country resuscitated to meet growing producing most of what we eat. and competence to know how Agricultural Land Development According to him, the mainstay has a special advantage in food needs in the agricultural sector for In good harvest years we may and when to deploy both EVS Authority (NALDA) Integrated of the nation's economy remains and livestock productions that exploring available potential of job even export our surpluses and and ETR," he stated. Farm Estate in Suduje-Daura, said agriculture, where the country we must harness and promote opportunities, entrepreneurship earn foreign exchange.” When reminded that INEC that Nigeria was blessed with both already commands a competitive to feed ourselves, and build a and marketing, home and abroad. The president commended has said it had the capacity human and natural resources it advantage, with good weather firm structure for exportation. “The National Agricultural the zeal and patriotism of the to transmit election results could deploy to achieve the target. conditions for crop and livestock “Our vision of a robust Land Development Authority NALDA team in achieving He said: "The country is electronically, Jega re-echoed farming, available manpower and agricultural economy continues to (NALDA) was already moribund robustly blessed with good same: "INEC has capacity willingness to learn new skills, provide amazing results. Across when we assumed office. We Continued on page 10 6 THISDAY • TUESDAY JULY 20, 2021 THISDAY • TUESDAY JULY 20, 2021 7 8 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY NEWS How Remi Tinubu’s Signal Influenced Voting on Electronic Transfer of Results Kingsley Nwezeh in Abuja and the National Assembly, described it immediately swayed the myself, because if you know and it became partisan," he said. of the opposition party," he said. Segun James in Lagos the moment the game changed voting choices of some APC what happened on the floor Barde was, therefore, convinced Furthermore, the legislator as akin to the biblical anecdote members, many of whom he of that house. There was this that Tinubu's influence and said: "You see, unfortunately, the of the “voice of Jacob and hand claimed were earlier rooting for insinuation that Senator Remi inclination to non-transmission of insinuation which I happen to be With a cryptic signal message, of Esau”. electronic voting. Tinubu had voted no for votes electronically encouraged privy to was that some people the decision, last week, by some The vote by South-west The lawmaker, who claimed to electronic transmission, and the lawmakers to vote against said yes, we heard that Remi members of the All Progressives lawmakers clearly contradicted be ashamed of the charade that what some people are saying the clause. Tinubu voted no and for that, Congress (APC) in the House what the region had long been took place in the House during was that it is the voice of Jacob, "It's unfortunate but let's not it means that our leader in the Representatives to vote against reputed for – the champion of the debate and voting exercise, and the hands of Esau, which deceive ourselves, it happens. APC, who is Asiwaju, is also electronic transmission of results democratic values, transparency, also lamented the attitude of means that her husband, the But what I want you to know is inclined to the non-transmission in the Electoral Act Amendment electoral reforms and its general some of his colleagues, whom elder statesman, Bola Tinubu, not all APC members that were of votes, electronically. I can tell Bill, might have been influenced progressive leaning. he alleged campaigned vigorously who is the leader of APC, is on the floor in that house on you from from the vineyard that by Senator Oluremi Tinubu. It, however, came as a shock against the electronic transfer against electronic transmission that day that were supporting I overheard people (lawmakers) By implication, the senator to many observers, who watched of results as though it was an of votes. the non-transmission of voters say that and that's just the truth". representing Lagos Central with dismay as the representatives "anti-north clause". "So, automatically everybody, as a result, I mean voting result But the Kaduna lawmaker was in the upper chamber of the of South-west voted against Speaking on the Morning most of the people that are in the electronically – a very tangible worried that the voting was made legislature, it was believed, subtly electronic transmission of election Show, a popular programme APC said, that's the the voice of number felt we should do it to look like an anti-north clause. passed on the message of her results, which would no doubt on the Arise News Television, our elder. Because before we pass electronically. "As far as I am concerned, if husband and one of the national strengthen and deepen the Barde explained that, the moment it, we had information already "So, I'm not saying everybody, you talk about democracy, the leaders of the APC, Asiwaju Bola evolution of the nation's electoral Senator Tinubu voted against that the Senate had passed it and but some of them really wanted process where leaders emerge Ahmed Tinubu, by voting against system, her democratic process the transmission of election Remi Tinubu voted no. So, that it to be transmitted electronically. is very very important and electronic transfer of results. and significantly reduce incidents results at the senate, it was alone had a lot of influence on Now, since it became like a party democracy believes that people's A member of the House of of ballot box snatching and other immediately interpreted by the decision of some lawmakers. affair, somebody, who was in view or whatever people want Representatives from Chinkun/ forms of election malpractices. some House members that Unfortunately, because for me, I APC will just say, oh, let me should be sacrosanct. Now, why Kajuru Federal Constituency area According to Barde, the the APC leader wanted a vote don't think I should work based just sit down, because this I said I apologise is because the of Kaduna State, Hon Yakubu moment the news of the “no in that direction and with such on what senate or somebody who walkout is not by members of manner we went about it was Barde, who identified the role vote” decision of Tinubu’s wife perception, influenced voting for is in my party has done; I work my party but if you see what rancorous. That was not how of the APC leader in the voting was relayed to members of non-transmission of votes. based on what Nigerians want happened, predominantly those parliamentarians should behave. pattern of the lower chamber of the House of Representatives, "I like to be very honest to and that was what happened that walked out were members So, for me, I felt ashamed that I was part of this. We want credible election, regardless of what party you belong to. "The most important thing is that, let the view of the people supercede whatever interest anybody has and that is democracy. Now, we want it to be transparent. The best thing we can give to Nigerians as lawmakers, today, is to make sure that the process is transparent and people's view is what will emerge at the end of the day. “So, I voted for electronic transmission of election result and my reason for that was it will enable us get some level of trust from international community; from Nigerians, unlike before, where somebody will just snatch the ballot box, run away with it, and they will tell you; oh, sorry, that election in that particular ward, or that polling unit will be canceled", he said. Reiterating where he stood, Barde maintained: "I have always said it in different for a, we must love this country. The moment issues are taken into partisanship, ethnicity, religion, region, it defeats UPING THE ANTE IN FIGHT AGAINST RAPE… the essence of our nationhood. So, L-R: Chairman, Nigerians in Diaspora Commission, Hon. Abike Erewa Dabiri; Director General, National Council for Arts and Culture (NCAC), Otunba Olusegun Runsewe; and Senior Special on the floor, you could imagine Assistant to President Muhammad Buhari on Media, Mr. Femi Adesina, at the capacity building for journalists on Reporting Rape organised by the NCAC...recently. some people were canvassing that the north is not yet ready Ismail Adebayo (for electronic voting). We have to in Birnin Kebbi make the north ready. If INEC Bagudu: Buhari Has Directed Seven has told us that they can transmit election electronically, what are President Muhammadu Buhari North West Govs to End Banditry you afraid of? Is there something has issued a directive to the you are hiding? seven governors in the North direction". security, even to the extent of He added that his government sustain the ongoing efforts by He said as governors, they sacrificing our lives as ordained had set up a steering committee his administration to improve "So, it baffled me, because I West zone to end banditry. don't have that answer, but I This was disclosed yesterday were not elected only to stay in by religious scriptures, " he said. to look into grazing reserves, the lives of the Fulani through the office, but to do anything to He explained that the Fulani cattle routes as well as resolve livestock and dairy production, wish I had an answer so that by the Kebbi State Governor, I can tell them that we have a Mr. Abubakar Atiku Bagudu, safeguard lives and properties stakeholders’ meeting was aimed lingering contentious issues Fulani women empowerment, of all law-abiding citizens in at reviewing the progress made, between farmers and Fulani as well as enhance other forms remedy. But, unfortunately, you in Birnin Kebbi during a peace, never know details of people, security and unity meeting the states. and tackle the challenges, with herdsmen in order to achieve of farming activities through the but I want to tell them on the initiated by the state government "We have to do everything a view to proffering plausible peace and security in the state. N1.7bn loan his administration floor of the House that day. Some and Fulani elders. to guarantee peace, unity and solutions to the security challenge. Bagudu, therefore, vowed to had secured. people were canvassing it to be Bagudu said the directive by a clause against the north. the president was to ensure the "This is not the way I think urgent restoration of normalcy we should behave. Election and to achieve peace and Court Restrains Zamfara Assembly from Sacking Deputy Governor transmission electronically has security in the zone. Peoples Democratic Party (PDP). from going ahead with the party, Matawalle, having left the nothing to do with ethnicity. It The governor said, "President Alex Enumah in Abuja Counsel to the plaintiff, Mr. planned removal of the Deputy PDP through which he became has nothing to do with party, Buhari is fully committed to Ogwu Onoja (SAN), in arguing Governor. governor has lost his ticket to but you will even look at what adequately protecting the lives Justice Obiora Egwuatu of the the motion claimed that the In the short ruling, the remain in office. happened on the floor. It became and properties of all law-abiding Abuja Division of the Federal Zamfara State lawmakers in court, while stating that the In the suit marked FHC/ partisan. APC against PDP. It is and peaceful citizens of the High Court, yesterday, gave an connivance with some other issue raised was of extreme ABJ/CS/489/2021, the plaintiffs shameful – very shameful as far country". order restraining the Speaker persons were planning to sack urgency and also required its contended that in view of an as I am concerned. He appealed to Nigerians of the Zamfara State House the deputy governor, over his intervention, ordered parties earlier judgment of the Supreme "So, for me, it was not a good to be less apprehensive in of Assembly and two others alleged refusal to decamp to to maintain status quo ante Court, to the effect that the one. But I believe there is still confronting the bandits whom from taking any further step the All Progressives Congress bellum pending the hearing APC had no candidates in room to make amendment and he described as enemies of peace in their alleged plan to sack (APC). of a motion filed by the plaintiff. the 2019 governorship election I pray that when the committee and unity, saying, "they are a the Deputy Governor of the Among other reliefs he PDP, in the main suit, had in Zamfara State having not that will seek to harmonise this negligible few and we should state, Mr. Mahdi Gusau. requested from the court was asked the court to sack Bello conducted valid primaries, position of the Senate and the all brace the odds. The issue of The restraining order was an interim order restraining the Matawalle, Zamfara State it would be unlawful for House of Reps will look into it ensuring security in the nation made while delivering ruling in fifth to seventh defendants – the governor, over his defection Matawalle to retain his office with all sense of responsibility, is a collective responsibility; all an ex parte application brought speaker, the state governor to the ruling APC. as it amounted to transferring and let the views or yearnings hands must be on deck in this against the defendants by the and chief judge of the state According to the opposition PDP’s victory to the APC. of Nigerians prevail.” THISDAY • TUESDAY JULY 20, 2021 9 10 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY NEWS Emefiele Predicts Agricultural Revolution Within Three Years of feeds, which include NALDA farm estate to generate over N1.7bn annually recycling animal wastes as James Emejo in Abuja and schemes have recorded employment-elastic potential. leading the bank's efforts at been disbursed to 29,023 projects fertilizer for plants, and resounding successes, and He said in line with the bank's improving the cultivation across the country, of which 16 growing plants to feed the The Governor of Central Bank the recent unveiling of maize vision, the CBN had introduced of agricultural commodities per cent of beneficiaries were in animals. of Nigeria (CBN), Mr. Godwin pyramids in Katsina State, as several lending programmes including rice, cassava, maize, the North West, with Katsina According to him, the facility Emefiele, yesterday, said the well as paddy pyramids in Niger, and provided finance to these tomatoes, fish, cotton, oil palm, accounting for 21 per cent of comprises 40 poultry pens with country was likely to make Kebbi, Gombe and recently sectors and segments, with cocoa and wheat. North West beneficiaries. a capacity of over 400,000 significant strides over the next Ekiti States are testaments to their implementation tailored He said the programme Under the Targeted Credit birds, fish ponds with a three years in repositioning the our success story. to support the administration’s also linked smallholder Facility (TCF), he added capacity of 200,000 fishes, agricultural sector for greater "These symbolic events policy of repositioning Nigeria farmers to agro-processors and that 631,738 businesses and cow and goat pens with a growth. reinforce our belief in the to become a self-sufficient food manufacturers, who provided households across the country capacity of 500 animals, rabbit He said the combined massive potential of Nigeria’s producer, creating millions of quality inputs and trainings in had been supported, with 95,011 pens with a capacity of 3,000 efforts of the apex bank and agricultural sector and the need jobs and supplying the domestic best farming practices to ensure businesses and households rabbits, bee apiary with a the National Agricultural to stimulate more private sector industries with their raw high yield and output. having benefitted in the North capacity of 540 litres of honey Land Development Authority investment in the agricultural material needs. According to him, the West. per harvest and crop farming, (NALDA) in making land and value chain with the support He said CBN's development ABP had financed 3,734,938 On his part, the NALDA packaging and processing credit available to farmers would of the government." finance efforts were also driven smallholder farmers cultivating chief executive explained that zones among others. further add to the gains so far He said since inception, by the need to diversify the 4,648,880 hectares of 21 the farm was designed as The estate also has a school, recorded through the bank's the President Muhammadu economy by reversing the commodities across the 36 States cyclical, where every process clinic and a residential area, intervention support in the sector. Buhari-led administration had ugly trend of relying largely of the federation and the FCT, was part of a value chain. with 120 units of one-bedroom The CBN governor, at the taken necessary measures to on revenues from crude oil. since in 2015. His words: "It is divided apartments to enable some inauguration of the maiden stimulate investments in critical To this end, Emefiele Emefiele added that under into 80 hectares for crop farmers and their families live integrated farm estate established sectors and segments of the said the ABP had become a the Agri/Business Small and production and 20 hectares for and work in the farm as well by NALDA in Daura, Katsina economy, particularly those game changer for financing Medium Enterprise Investment animal production, processing as capacity to engage 1,500 State, described the facility as a with high-growth impact and smallholder farmersthat were Scheme (AGSMEIS), loans had and packaging, with growing women and youth directly. milestone achievement, which would catalyse the desired agricultural revolution in the state and the country in general. This is as the Executive Secretary/Chief Executive of the authority, Prince Paul Ikonne, said the farm estate, established on a 100-hectare land donated by the Katsina State Government, has the capacity to generate over N1.7 billion in the first year. Emefiele, however, said the CBN would work with Ikonne and his team to explore the potential of providing affordable and accessible finance to the beneficiaries under the agricultural scheme to scale up productivity. He pointed out that the strategic mandate of NALDA aligned with the current developmental priorities of the CBN. Emefiele said the CBN was positioned to ensure the integration of farmers into the federal government’s Economic Sustainability Plan, which was ANNUAL BUSINESS DINNER... focused on providing five million L-R: Chairman, The Petroleum Club, Dr. Layi Fatona; Honoree, Dr. Godswill Ihetu; Director-General, Department of Petroleum Resources, Sarki Auwalu; Honoree, Chief Chambers Oyibo; homes with electricity using and Executive Chairman/Founder, AA Holdings, Mr. Austin Avuru, at the Petroleum Club's 2021 Annual Business Dinner in Lagos… recently. ETOP UKUTT. renewable energy. He explained that under the IRABOR HAILS PILOT OF CRASHED FIGHTER PLANE FOR HIS BRAVERY, GALLANTRY programme, farmers with good the aircraft was returning from directed that all efforts must be Dairo for his gallantry, Irabor, in the fight against banditry. He greater gains will be made as we repayment records under the a successful air interdiction emplaced to rescue the pilot", Anchor Borrowers’ Programme in a statement by Defence encouraged NAF pilots to remain undertake this operational task.” mission between the boundaries it said. Headquarters, urged Nigerian Air steadfast in the task of national Irabor, who spoke at the (ABP) would be eligible to get of Zamfara and Kaduna states. The Air Force said Intelligence, Surveillance Reconnaissance (ISR) Force pilots to remain steadfast security," the statement added. second edition of security parley, solar home systems (SHS) to The statement said the pilot in the war against banditry. Irabor, who also met with tagged “Chief of Defence Staff supply electricity to their homes. after ejecting from the fighter jet, platforms and helicopter gunships were activated to locate the pilot. "Before proceeding for the military veterans, lamented the Interaction with Retired Senior He noted that the bank would sought refuge in some settlements security parley, the CDS, Gen rising state of insecurity in the Military Officers in North-west develop a repayment framework and evaded strongholds of "Accordingly, NAF Intelligence bandits before locating a Nigerian Surveillance Reconnaissance Irabor, in company of the Chief of North-west. Geopolitical Zone," held yesterday that would allow the farmers to the Air Staff, Air Marshal Oladayo He said: “The necessity of in Kaduna, said the Armed Forces use their farm produce to pay Army unit where he was rescued. 0(ISR) platforms and helicopter The crash brings to four the gunships provided close air Amao, met with Flight Lieutenant this gathering today, which is of Nigeria (AFN) was constantly for electricity consumed under support to NAF. Abayomi Dairo, the NAF Alpha of course to engage with you reviewing its techniques, tactics the scheme. number of military aircraft that crashed in the last one year. "It is gladdening to note that jet pilot, who survived the air (military veterans), and by and procedures as well as The CBN, therefore, governor "On 18 July 2021, at about while in hiding, Flight Lieutenant crash yesterday. extension the larger society, is operational doctrines to be in added that the initiative was 12.45 pm, a Nigerian Air Force Dairo confirmed that the presence "The CDS commended the partly what is responsible for the tandem with the requirements for expected to improve the standard (NAF) Alpha Jet aircraft, returning of NAF aircraft within the vicinity fighter pilot for his gallantry and safe return of our cherished pilot. the containment of the security of living of smallholder farmers from a successful air interdiction of the crash site helped in scaring bravery, which he demonstrated We believe that going forward, threats. across the country and motivate mission between the boundaries the bandits who were after him, prompt loan repayment, as well of Zamfara and Kaduna State, thus enabling him to find refuge BUHARI: WITH DETERMINATION, LIFTING 100M NIGERIANS OUT OF POVERTY, REALISABLE as enhance the sustainability of came under intense enemy fire, and escape to a safe location," the programme. which led to its crash in Zamfara it added. quick and sustainable results providing a 100 hectare land for you that this is the best way to He noted that the survival State. Luckily, the gallant pilot The statement recalled like the Integrated Farming the project, spend money. You are doing of country was hinged on the of the aircraft, Flight Lieutenant that only recently, President Estate, which had pooled The president urged them to everything that is possible to bring resourcefulness and synergy Abayomi Dairo, successfully Muhammadu Buhari had the strength of men, women provide more support to federal the dividends of democracy to ejected from the aircraft. directed the Armed Forces of and youths in 13 communities institutions that have been all Nigerians." among various government’s Nigeria to do all it takes to flush ministries, departments and "Using his survival instincts, and channelled them into mandated to work in engaging On his part, Executive Secretary the pilot, who came under intense out criminals in Katsina, Zamfara agencies (MDAs) in areas different kinds of farming in more minds and hands to turn of NALDA, stated that the ground fire from the bandits, was and Kaduna States. one location. the economy around for good. Integrated Farm Estate had a of policy formulation and able to evade them and sought "It is in fulfillment of this implementation, which was a Buhari directed all federal Earlier in his remarks, Governor capacity for 400 birds in the refuge in nearby settlements directive that the NAF, in institutions to work in synergy of the Central Bank of Nigeria poultry, 200,000 fishes, 500, 000 pre-requisite to the attainment awaiting sunset. conjunction with surface forces, of the desired growth trajectory. has in the last two weeks in lifting and diversifying the (CBN), Godwin Emefiele, said the cows and goats, 540 litres of "Using the cover of darkness economy, and NALDA should financial regulatory body would honey per harvest, 120 units of Emefiele recalled that the CBN and his phone set for navigation, mounted intensive day and night intervention programmes and Flight Lieutenant Dairo was air interdiction operations against be given all the support it needs start giving special attention to one bedroom apartment, clinic to expand the Integrated Farm NALDA, while listing some of and a school. schemes were introduced with able to elude several bandits’ bandits and their hideouts, Estate across the 109 senatorial the laudable achievements of Ikonne said the recycling the core objectives of stimulating strongholds and manoeuvred his especially in these three states. way to a Nigerian Army Unit, "Through these intensive air zones in the country. the administration through the process on the farm and investments in the real sector, He appreciated the governors, Anchor Borrowers scheme for domestication of tools and skills thereby catalysing growth and where he was finally rescued. operations, hundreds of bandits have been neutralised and several who were at the event to witness farmers. of workers would guarantee inclusive development. "It is instructive to note that upon receipt of the news of the of their hideouts destroyed," it the historic inauguration, He said: "Your Excellency, Mr sustainability and 1, 500 farmers He said: "As you may crash, the Chief of Air Staff, Air said. particularly Governor Aminu President, as you told me during would be empowered yearly to be aware, the programmes Marshal Oladayo Amao, had However, while praising Bello Masari of katsina State, for the inspection and I agree with start their business after learning. THISDAY • TUESDAY JULY 20, 2021 11 12 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY PAGE TWELVE IN SALLAH MESSAGE, BUHARI CHALLENGES NIGERIANS TO EXPOSE INSECURITY SPONSORS Also in their Sallah messages, is taking measures to address production at affordable prices." In his own message, the his Special Adviser on Media and The National Leader of the Senate President, Dr. Ahmad the security challenges. Buhari said his government President of the Senate, Dr. Publicity, Mr. Lanre Lasisi, urged APC, Senator Bola Tinubu, in Lawan; the Speaker of House "We have started taking was working hard on measures to Ahmad Lawan, called on all Nigerians to conduct themselves a message he personally signed, of Representatives, Hon. Femi delivery of fighter aircraft bring relief to average Nigerians. Nigerians to pray for peace, unity in a patriotic manner as they urged Muslims not to forget the Gbajabiamila; the National Leader and other necessary military He said: "As an elected and development of Nigeria. have no other country to call reason for Eid-el- Kabir. of All Progressives Congress equipment and hardware to president who enjoys the He urged Muslims and all their own other than Nigeria. “We commemorate an act (APC), Senator Bola Tinubu, improve the capacity of our goodwill of the ordinary people Nigerians to be steadfast in The PDP, while congratulating of complete faith in Allah and the Christian Association of security forces to confront that gave us their mandate, let me working and praying for the Muslims on this year’s Eid-el- His instructions unto us. Thus, Nigeria (CAN) and the Peoples terrorism and banditry," he stated. assure you that we are continuing peace, unity and progress of Kabir, called on citizens to use lets celebrate but may we also Democratic Party (PDP), called The president also reflected with measures to bring relief to the nation. the occasion to strengthen their dedicate ourselves to greater on Nigerians to pray for peace, on current challenges facing the Nigerians, including making According to him, the current trust in God as the divine source adherence and obedience to the unity and development of the country, saying that "COVID-19 fertiliser available at affordable challenges are painful but a of sustenance as exemplified by compassionate and spiritually country. pandemic has taken a heavy toll prices to our farmers." passing phase in the historical the Holy Prophet Ibrahim. nourishing commands of Buhari, in the Sallah message on the economies of all countries, On the significance of the process of nation-building. The party stated that Eid- Almighty Allah. Celebrate, yes, by his spokesman, Mallam Garba including Nigeria, in addition Eid-el-Kabir celebration, the He assured Nigerians that el-Kabir presents the nation but let us not forget the poor and Shehu, said: "Let us expose to the fact that floods have president appealed to Muslims to the administration of Buhari and humanity with boundless vulnerable among us. undesirable elements among caused large scale destruction demonstrate the good virtues of was determined to address occasion to recommit to the “Reach out to give solace and us who are creating security to agricultural farmlands, thereby Islam through personal examples the nation's challenges as part virtues of selflessness, love and succour to those unable to help problems for the country. impacting negatively on our and practices. of the process of making the care for one another, especially themselves. Show brotherly "I urge all Muslims to continue efforts to boost local production in He stated that taking country realise its potential as in the face of economic, political concern and compassion to all. to live in peace and harmony line with our policy to drastically advantage of the celebration to a great nation. and social challenges facing our To be a good Muslim is to be with their fellow Nigerians reduce food importation." exploit fellow citizens through On the legislative activities nation. a caring and generous human of other faiths in the spirit of This, he explained, has led outrageous prices of food and of the upper chamber, Lawan The PDP, in a statement by being. The challenges that we peaceful coexistence. Let us pray to food inflation, which the rams is inconsistent with tenets said the report of the Committee its National Publicity Secretary, face as a nation call upon us for the progress of Nigeria at government is working hard of Islam. on the Review of the 1999 Mr. Kola Ologbondiyan, urged to adhere even more closely to all times." to address. Buhari said: "As practising Constitution would be considered leaders at all levels of government Allah’s commands so that we Buhari reiterated the He added: "No government in believers, we shouldn't seek after the annual recess of the to use the occasion of the Eid- may overcome these challenges determination of his our recent history has invested obscene profits by making National Assembly by September. el-Kabir to show more sacrifices and continue to build the just administration to create a just, as heavily as we are doing to life difficult and miserable for Speaker of the House of towards the people and pursue and prosperous society destined harmonious and prosperous promote local production of about others. We should not seek Representatives, Hon. Femi only those things that will for us,” Tinubu said. country in which the safety of 20 other commodities, through happiness at the expense of Gbajabiamila, also called for improve the living conditions He called for prayers for lives and property is assured. the provision of loans and several others. Remember that Islam is prayers and unity of purpose of Nigerians. Nigeria’s gallant soldiers and He added that the current other forms of support to our a religion of charity that urges among Nigerians at during It said: "Our party is, however, other security agents confronting insecurity bedeviling the country farmers. us to love our neighbours as Eid-el-Kabir. troubled that most Nigerian insecurity in the country. has produced severe and adverse "Apart from the destruction we love ourselves." The speaker said Nigerians, families are celebrating the He also called for prayers for effects on agriculture because caused to rice farms by floods, Lawan, Gbajabiamila, especially Muslims, should use Eid-el-Kabir under very serious Buhari, governors and other farmers are prevented from middlemen have also taken the opportunity of the Eid-el- economic despair, but urged them leaders. accessing their farms by bandits advantage of the local rice Tinubu, CAN, PDP, Kabir to pray for their leaders not to surrender to despondency CAN also rejoiced with the and terrorists. production to exploit fellow preach unity, peace, to be able to find solutions to but to keep hope alive as we leadership of the Nigerian He, however, reassured Nigerians, thereby undermining love the nation's problems. collectively work to rescue our Supreme Council for Islamic Nigerians that his administration our goal of supporting local food Gbajabiamila, in a statement by nation.", Affairs (NSCIA) and Muslims as they celebrate Eid-el-Kabir. THISDAY GROUP ANNOUNCES NEW EXECUTIVE APPOINTMENTS CAN urged them to continue to embrace the virtues of love, Adebiyi, who was promoted Director of News (Lagos) for the course of his career, has Olaleye joined the THISDAY experience in Journalism. He family on December 9, 1998, began his journalism career with peace, unity, kindness and to the position of Managing Arise News Channel. anchored many investigative sacrifice, as exemplified by the Editor (Print and Digital). Mr. Similarly, the Director of stories, profiled and interviewed where he rose from being an the old Daily Times in 1991, Engagement & Guest Liaison over 200 political and business intern to becoming the Group from where he joined The Punch Prophet Mohammed during and Israel Iwegbu was announced after the Eid-el-Kabir celebrations. as the Deputy Managing for Arise News Channel is leaders, viz. governors, Politics Editor and later, Deputy in 2000 and rose to the position Mr. Joseph Ushigiale and Tobi legislators and top-notch CEOs. Editor on Sunday. of Assistant Editor, (Business) CAN, in a statement yesterday Director, THISDAY. by its National General Secretary, By this promotion, Momodu Soniyi is the Deputy Director of He has attended many seminars, A graduate of Mass until he joined THISDAY as News (Abuja). Mr. Ohi Odiai is conferences and training courses Communications from the Sunday Business Editor in Daramola Bade Joseph, said: “We becomes the first person, who felicitate with you for being started his journalism career the Deputy Director of News both within and outside the Moshood Abiola Polytechnic March 2008. with THISDAY as a rookie (Lagos) for Arise News Channel. country. (former Ogun State Polytechnic), In 2015, he became a deputy alive to witness this day and reporter, to rise through the Momodu, born March 12, Iriekpen attended Ogun State Ojere, Abeokuta in Ogun editor, THISDAY (Sunday) until celebrate despite the menace ranks to emerge as the editor of 1968, was promoted editor Polytechnic, Abeokuta and the State, he also holds a Master he took a leave of absence to of insecurity challenges in the the most influential newspaper of THISDAY, The Sunday University of Ibadan. He joined degree in Communication work with former Minister of country occasioned by the in the country. Newspaper in June 2018, after THISDAY Newspapers in 2000. Studies from the Lagos State Finance as a Special Assistant on criminal activities of bandits, He is expected to enrich over four years in the job as His commitment to his job, saw University, LASU. A noted Communications, in February kidnappers, terrorists, killer the editorial content of the the Editor of THISDAY, The him being moved from the sub- political reporter, Olaleye had 2016. herdsmen and other undesirable newspaper for the benefit of Saturday Newspaper. He desk to Sunday paper, where undertaken some development He later worked as an elements. the paper's esteemed readers. had risen through the ranks he anchored international and courses over time, including a Assistant Director, Federal “We, therefore, call on both Also, the Deputy Editor to become an associate Editor of political stories. In 2007, he was media operation course at the Inland Revenue Service between the leaders and the followers of THISDAY, Mr. Davidson the Saturday Newspaper, where moved again to cover Judiciary, Kofi Annan Centre in Accra, 2017 and September 2020. He of Islam to continue to embrace Iriekpen, has been appointed he was promoted to Editor of a beat he covered so diligently Ghana and an Executive returned to THISDAY as Deputy the virtues of love, peace, Editor of THISDAY, the Sunday the Saturday title. and effectively to the admiration Development Programme on Editor, Saturday. unity, kindness and sacrifice, Newspaper, while the Editor He brings into the job his of lawyers. As a result of the Leading Teams for Optimal Akanbi, who holds a Master as exemplified by the Holy of the Saturday Newspaper, invaluable experience that spans way and manner he covered Performance by the TEXEM degree in History from the Prophet Muhammad (SAW), Mr. Yemi Adebowale was over 20 years. the courts and other legal and Group. University of Lagos, is currently during and after the Eid-el-Kabir reappointed on same position Momodu is a graduate of constitutional matters, in 2010, he Chima joined THISDAY a doctoral student of History celebrations. They should also by the board. Political Science, Edo State was made the Judiciary Editor. in 2010 as a Business and Strategic Studies of the use the occasion to pray for Similarly, Mr. Olawale University now Ambrose Ali In 2012, he was elevated to Correspondent and was same University. Nigeria to come out of these Olaleye, who was the Deputy University, Ekpoma. He is the position of Group News appointed Group Business Alike, a graduate of insecurity challenges better and Editor of the Sunday Newspaper currently doing an executive Editor, a position he held till Editor in 2018. He started his Accounting and a Master holder greater.” was promoted to the position of programme at the prestigious 2018, when he was appointed career in 2006, with National in Banking and Finance from the CAN also appealed to all Deputy Editor of THISDAY, just Yale School of Management, Deputy Editor Daily. Mirror Newspapers as a University of Nigeria, Nsukka, security agencies, especially as the Group Business Editor, Yale University, New Haven, Adebowale, 53, was Business Reporter, immediately Enugu State, joined THISDAY reappointed the Editor of after graduating from Imo as Energy Correspondent in the police and the army to rise Mr. Obinna Chima was also Connecticut, United States of up to the security challenges promoted to the position of the America. Saturday THISDAY Newspaper. State University, where he 2008 and was promoted to Momodu attended Okotie A British Chevening Scholar, he obtained a Bachelor of Science the position of News Editor facing the country with a view Deputy Editor of THISDAY. to preventing criminals from In the same vein, Mr. Festus Eboh Grammar School, Sapele holds over 28 years’ experience Degree in Economics. He in 2018. Prior to then, he between 1982 and 1986 before in media, advertising and also worked briefly with was an Energy Analyst with attacking the innocent during Akanbi, the Deputy Editor of and after the celebrations. the Saturday Newspaper has proceeding to one of the nation’s Public Relations. Before joining The Punch Newspaper and BusinessDay Newspaper. He been promoted to the position foremost state universities, the THISDAY, he had worked Business Hallmark Newspaper had also gathered experience in of the Deputy Editor of the Edo State University, Ekpoma in places like Vanguard, as Business Correspondent public service from the Enugu Sunday Newspaper; the News between 1992 and 1996. He Newswatch, The Punch, MTN respectively, as well as with State Local Government System, Editor, Mr. Alike Ejiofor, was joined THISDAY as a reporter Nigeria and the Yorkshire Post Profund Securities Limited as a where he rose to become a also promoted to the position in 2000, and a year later was Newspaper in the United Research and Planning Officer. senior staff member. of Deputy Editor of the Sunday promoted to senior reporter. Kingdom. Chima is presently a doctoral Ogbu is a graduate of Mass Newspaper, and Mr. Ahamefula In 2003, he was promoted to Adebowale has won student of Policy and Strategic Communication from Federal TOP GAINERS NGN NGN % Ogbu, has been promoted to the state correspondent and was numerous awards in Studies at Covenant University, Polytechnic, Oko (then Anambra ETERNA 0.65 7.15 10 position of the Deputy Editor posted to Governor’s Office, journalism, including the Ogun State. He holds a Master of State Polytechnic), where he UPL 0.14 1.55 9.9 Science Degree in Research and obtained HND. Thereafter, he of the Saturday Newspaper. Alausa, Ikeja, Lagos. 2000 Commonwealth Media CUTIX 0.36 3.99 9.9 He left the post in 2007, Award by Fletcher Challenge Public Policy from the University obtained a Master of Business The Capital Market Editor, REGENCY 0.04 0.49 8.8 Mr. Goddy Egene was also when he was promoted to Paper, New Zealand; the 1999 of Lagos as well as a Master of Administration in Marketing promoted to the position of deputy editor of The Glitterati, African Journalist of the Year Science in Economics from the from Federal University of LEARNAFRICA 0.12 1.49 8.7 Group News Editor, while the a lifestyle pull-out section Award by the African Journalist Lagos State University. He has Technology, Owerri, before TOP LOSERS NGN % Maritime Editor, Mr. Eromosele inside the Sunday Newspaper. Foundation, AJF, South Africa attended courses on business obtaining a Post-graduate FTNCOCOA 0.03 0.38 7.3 Abiodun is the new Group He was later appointed as and the Nigeria Media Merit journalism in Nigeria, which Diploma and Master of Art in SOVETRUST 0.02 0.31 6.0 Business Editor. associate editor of the Saturday Award (NMMA) in 1999. includes Bloomberg Media Linguistics and Communication ETI 0.20 5.10 3.7 Initiative in Africa; Advanced Studies from the University of For ARISE News Channel, the Newspaper; a position he The THISDAY Saturday STERLBANK 0.05 1.51 3.2 held until his appointment as Editor was educated at the Training on Financial Journalism, Port Harcourt. new Deputy Managing Directors UBN 0.15 5.45 2.6 are Mr. Bayo Awosemo and the substantive Editor of the University of Cambridge, Press Media Association, He had held the positions of Mr. Emmanuel Efeni; and the Saturday Newspaper. University of Leeds, Ogun London; Advanced Writing and Judicial Editor, Editor, House HPE Nestle Nig Plc ₦1,540.00 Managing Editor is Mr. Christian An experienced journalist State Polytechnic, Baptist Reporting Skills (AWARES), Pan- of Representatives as well as Volume: 462.81 million shares Ogodo. with over two decades’ cognate Academy, Lagos, Immaculate Atlantic University, Lagos; and covered the Presidential Villa, Value: N1.2billion professional experience, he has Heart Comprehensive Secondary Thompson Reuters Training on Abuja from where he was The board also announced Deals: 3,610 the appointment of Mr. Summer extensive contacts within the School, Maryland, Lagos and Financial Journalism, Uganda, posted to the Saturday Desk Sambo as the Director of News nation’s business and political St. Agnes Primary School, among several others. as News Editor, before the As at yesterday 19/7/2021 (Abuja) and Mr. Yemi Ajayi as community. Momodu, in Maryland, Lagos. Akanbi boasts some 30 years current promotion. See details on Page 33 THISDAY • TUESDAY JULY 20, 2021 13 14 THISDAY • TUESDAY, JULY 20, 2021

Editor, Editorial Page PETER ISHAKA COMMENT Email [email protected] ROUGE ON THEIR CHEEKS Dele Majekodunmi writes that the bill to curtail politicians’ act of reckless defections is in order emocracy has been touted as the best form of govern- “Often regarded by political parties which sponsored them as leaders, ment, though the African version of democracy still presidents and governors cannot abandon their political parties and leaves much to be desired. retain the seat that they earned by the sponsoring political parties.” Every democratic society thrives on certain values The National Assembly as the main institution that symbolises and ideals like periodic free and fair, credible elections, democracy lived up to its bill by acting in the interest of the people and respect for fundamental human rights of citizens, democracy. There is a need to nurture discipline in the party and to Dfreedom of political association, making economic and social rights encourage fidelity to preferred political platforms. justiciable and of course multi-party system state. Democracy thrives in an atmosphere of plurality of associations and Just as the political operators of democracy in Nigeria have over time opinions. If all elected public officers defected from smaller opposition subverted the basic ideals that nourishes democratic state, the flippant parties to the main party, what remains for democracy? Fascism change of political platforms has assumed a dangerous trend in the beckons as one party like that of China will only turn draconian, polity. suppressing dissenting voices and views. Due to no consequences for the act, politicians in Nigerians go to bed Also, amplifying the position of the sponsor of the bill, the sanctity brandishing umbrellas and wake up waving brooms, the insignia of the of peoples’ mandates vested in a political party must be respected at all ruling party in Nigeria. times. Just like the Labour and the Conservatives parties in the United For instance, in less than two years, three governors namely David Kingdom and the Democratic and Republican in the United States of Umahi of Ebonyi State, Ben Ayade of Cross River State, and recently America, citizens vote them into power largely based on party ideology. Bello Matawalle of Zamfara State changed their political party after Every discerning American adult knows what Republican or securing their peoples’ mandates. The Edo State Governor, Godwin Democrat stands for, and support and allegiance and votes are often Obaseki also changed party in the build up to his re-election when forces aligned with these biases and ideologies. So, it poses a serious threat to in the APC were against him. the development of democracy to betray such strong affinity by defect- The dangers of reckless defection for the nation’s fledgling democracy ing. Good governance will also be strengthened across the federation. compelled the House of Representatives under the leadership of Speaker, An incumbent governor serving for the first term will be compelled to Rt Hon Femi Gbajabiamila to propose a bill to stem the practice. deliver exceptionally to earn the confidence of his political party for a Currently, only members of the National Assembly were statute- second term. But that patriotic consideration will be thrown out of the barred to defect. A member of the Peoples Democratic Party from Taraba window if the elected officer knows he can seek an alternative political State, Rimamnde Kwewum, has now sponsored a bill to extend the platform if his performance index is abysmally poor. condition to the president, vice-president, governor and deputy governor. Such political indiscipline should never be condoned in democracy. The bill, which is awaiting second reading by the House, seeks to Party supremacy should be upheld at all times. No individual regard- amend sections 144(1) and 189(1) of the 1999 Constitution “to check less of status and class should be bigger than the party. That is the party incidents of defections, that is, cross-carpetings or abandoning the of building democratic structures and institutions. political party that sponsored a president, vice-president, governor or The reckless defection with impunity witnessed in Nigeria is deputy governor, as the case may be, for another political party, in the antithetical to democratic ideals. In a bid to return back to power at absence of a merger of political parties, division or factions within the all costs, politicians who had moved into another political party often sponsoring political party.” destabilize the system by overheating the polity. Kwewum, in the legislative brief on the bill, said, “Presently, only In this case, elections are heavily monetized and opposition political legislators in the national and state Houses of Assembly lose their seats parties including voters are intimidated. Public funds that should be if they defect to other political parties. The intention remains the need to used to provide infrastructure and other services are used to induce improve and deepen democracy by strengthening the political parties. DUE TO NO CONSEQUENCES FOR THE ACT, voters, security agents and to hire thugs who disrupt election exercise if “There is no doubting the fact that all through history, political the people are ready to vote their conscience? parties have remained the strongest pillars of democracy. They provide POLITICIANS IN NIGERIANS GO TO BED This is another sour taste which defection leaves in the mouth choices for people by professing and working through some governing BRANDISHING UMBRELLAS AND WAKE UP of the people and the society. It encourages sleaze in public offices. philosophies, and help to educate people on different patterns of WAVING BROOMS, THE INSIGNIA OF THE Why perform in office when you can steal enough to buy peoples’ developments being proposed by the different political parties. RULING PARTY IN NIGERIA consciences? WITHER INTERIM COMMON SERVICES AGENCY AND ESIALA? They are largely mismanaged, writes Eric Teniola

hese days ESIALA and the Interim the life of the Interim Common Services Agency, in London is hereby authorized as agent and these properties are still standing in London till Common Services Agency mean noth- or the Eastern States Assets and Liabilities Agency, representative of the Federal Military Government today. Dr. Michael Okpara and their political party, ing to many people. Yet, years ago, that Commission may terminate the appointment to take such action (whether by way of executing NCNC, laboured so hard to establish the properties these two agencies dominated the of an officer of such agency or, where appropriate, deeds or other documents or otherwise) as may in and institutions listed above. Something needs to headlines in the country. retire him from the public service of the Federation. his opinion be necessary or expedient for the proper be done on ESIALA today. Apart from political In a televised address to the Three, the decree provides that where the holder of management or disposal of any of the said premises. party affiliation, the PDP, I do not think there is a Tnation on July 30, 1975, the then Head of State, a pensionable office in the public service of a former In this Decree “former Regional Government” platform that unites the old Eastern Nigeria together General Murtala Ramat Mohammed said that “a region had been assigned to perform the duties means the government of a former Region of again. That should not be so. The spirit of the old panel will be set up to advise on the future of the of any office, other than public service or service Nigeria and includes, in relation to any such region, Eastern Region should not be allowed to die. The Interim Common Services Agency (ICSA) and the with the agencies aforesaid, the Commission may the Governor, Military Governor, Agent-General old Eastern Region was the envy of the rest of the Eastern States Interim Assets and Liabilities Agency transfer the officer to that office, and thereupon or any other officer or person holding property in country years ago. (ESIALA)”. the officer shall be deemed to have transferred trust for or otherwise on behalf of the region or The Interim Common Services Agency (ICSA) ESIALA was set up to take over the assets and to an “approved service”, within the meaning of its Government. This decree may be cited as the was established when six new states in the old liabilities of the old Eastern Region. The states cre- the Pensions Act. 4. The decree also provides that Former Regional Governments (Disposal of Certain Northern Region were created by decree No 9 of ated out of the region now comprises of nine states pension payable by the government of a former Properties) Decree 1971 and shall apply throughout May 27, 1967 by General Gowon. It was through namely, Abia, Ebonyi, Akwa Ibom, Bayelsa, Cross region for any period of service commencing on the Federation and elsewhere to the extent necessary that decree that he created 12 states in the country River, Imo, Anambra and Enugu States. At that time or after 1st October, 1954 and ending immediately to give it proper effect. The decree shall be deemed out of the four regions in Nigeria. Specifically he Eastern region was very rich in terms of mineral before the appointed shall now become the liability to have come into force on 27th May, 1967. created six states out of Northern Region namely resources and industries. They included the Nkalagu of the federal government. General Gowon took over the properties of North Western state made up of Niger and Sokoto, Cement Factory, the African Continental Bank, the General Gowon created three states out of the eastern region on behalf of the central government. North Eastern state made up of Adamawa, Bauchi, Eastern Marketing Board, the Eastern Marketing whole eastern region. They are South Eastern state, The properties of the region taken over in London Borno and Sarduna, North Central state made up of Development Corporation, West African Institute for East Central state and Rivers state. For the East were No 113, Hendon Way, N.W.2; No 142, Cheviot Katsina, Zaria and Kaduna. Kwara state made up Oil Palm Research, Nigerian Breweries Stout Factory Central State he named Dr. Anthony Ukpabi Asika Gardens, London,N.W.2; No 176, The Vale, London, of Ilorin and Kabba, Kano state made up of Kano at Aba, Tobacco and Glass Making Plant at Port as the administrator, Brigadier Udoakaha Jacob N.W. 11; No. 104; Cotswold Gardens, London,N.W.2; Emirates, Benue/Plateau state made up of Benue Harcourt, Farm Settlements at Ohaji, Igbariam, Boki, Esuene as the governor of South Eastern State and No 105, Cotswold, Garden, London, N.W.2; No 15a, and Plateau areas. Ulonna, Erei, Uzo-Uwani and Gbema; Nigerian Coal Lieutenant Commander Alfred Diete-Spiff as the Kessington Gardens, London,W.8; No 17, Chester In setting up the agency, General Gowon Corporation in Enugu, Rice Farms at Abakaliki and governor of Rivers State. Alfred Diete-Spiff is an Street, London, S.W.1; No. 35, Phillimore Gardens, appointed General Hassan Usman Katsina as the Ogoja and many other projects. Under Decree 39 Ijaw from Bayelsa State and the Amayanabo (King) London,W.8; Nos. 178/202, Great Portland Street, Chairman. General Katsina was the son of the Emir promulgated by General Yakubu Gowon on June 24, of Twon-Brass, Bayelsa State. A stadium was named London,W.1; No.23 Phillimore Gardens, LondonW.8, of Katsina, Alhaji Usman Nagogo. 1970, the University of Nigeria, Nsukka, established in honour of Brigadier Esuene in Calabar. His wife, Nos 257, The Vale, London,N.W.11, No.2, Tanfield General Katsina had earlier served as the Military by Dr. Nnamdi Azikiwe but opened on October 7, Helen Esuene was appointed Minister of State for Avenue, London, N.W. 2, No 35, Woodstock Governor of the Northern Region. General Gowon 1960, was listed as part of the assets of the Eastern health in July 2005 by former President Olusegun Road, London,N.W.11, No 93, Chatsworth Road, then appointed the following as Military Governors. Interim Assets and Liability Agency. Obasanjo, a close friend of late Brigadier Esuene. London,N.W. 2, Nos69/69a, St. Paul’s Avenue, Kwara state- Colonel Femi David Lasisi Bamigboye, At the time General Yakubu Gowon split Eastern In January 2006, former President Obasanjo also London, N.W.2 and No. 73, Priory Park Road, Kano state- Police Commissioner Audu Bako, region, he also promulgated Decree Number 8 appointed Mrs Esuene as Minister of Environment London N.W. 6. North Eastern state, Brigadier Musa Usman, North transferring the services of civil servants of the old and later Minster of Environment and Housing. She I do not know when last the Governors of Akwa Central state- Brigadier Abba Kyari, Benue-Plateau Eastern Region into the Federal Public service. The was elected Senator in 2011. Ibom, Rivers, Bayelsa, Imo, Ebonyi, Enugu, Abia, state-Police Commissioner Joseph Dechi Gomwalk decree empowered the Public Service Commission On 27th May 1967, General Gowon also Cross River and Anambra states met to discuss on and North Western, Assistant Police Commissioner of the Federation to transfer, subject to certain terms promulgated Decree No 7. It states that all rights, ESIALA. I do not know what happened to those Usman Farouk. General Gowon ruled that “this de- and conditions, any officer from the public service interests, obligations and liabilities of any former properties and assets seized by General Gowon in cree may be cited as the Interim Common Services of a former Region to the public service of the Regional Government in any of the premises 1967 on behalf of the federal government. Agency Decree 1968 and shall continue in force for Federation. Two, by virtue of the decree any officer specified in the Schedule to this Decree shall be The governors should meet to discuss this issue a period of two years and unless sooner extended assigned to the Interim Common Services Agency deemed, with effect from 27th May 1967, to have for they are part of the legacy of The Premiers by the Head of the Federal Military Government (by shall be deemed to have transferred to the public vested in and devolved upon the Federal Military of the Old Eastern Nigeria, Dr. Nnamdi Azikiwe order) if he thinks fit for a period not exceeding at service of the Federation, and on the expiration of Government. The Higher Commissioner for Nigeria (16 November the old eastern region. Some of any one time, one year, it shall then expire”. THISDAY • MONDAY, JULY 20, 2021 15 EDITORIAL THE MESSAGE OF EID-EL-KABIR

The essence is sacriﬁce, obedience, and love

he annual festival of Eid al-Adha, and makes reconciliation and peaceful co-existence better known as Eid-el-Kabir, is being difficult. marked today across the world with the killing of rams and sharing the owever, there should be more to sharing than meat among families, friends and the some portions of ram meat. Given the level of less privileged. It is a unique festival deprivation in the land, perhaps no period in that derives its origin from both Islam our history offers better opportunity to share and Christianity based on scriptural Hand to make sacrifice. The socio-economic conditions accounts of how Prophet Ibrahim (Abraham in the of the country in the past few years make it compelling Tlatter), in obedience to God, offered his son as sacrifice for adherents of Islam and indeed all Nigerians to look before divine intervention. So, beyond the merriment beyond themselves and their immediate environment. that comes with the occasion, the season offers yet That explains why the occasion should go beyond the another opportunity to adherents of the faith and indeed slaughtering of rams to sharing love and material posses- all Nigerians to live the true meaning and essence of this sions not only with relatives or acquaintances, but also occasion: sacrifice, obedience, and love. with the displaced, the elderly, the orphans, and other Ordinarily, this is a religious festival that comes people at the margin of the society. with social gatherings between and among family The greater challenge of the country today is how members and friends but with fears about the third to build an inclusive society that leaves no citizen wave of COVID-19 pandemic, wisdom is needed in behind on account of class, ethnicity, or religion. the manner of celebrations without limiting the spirit Which is why what this festival offers opportunities of the season. Meanwhile, there is perhaps no period for reflection by those in leadership positions. Against in history that offers the background that there are usually challenges in AS WE CELEBRATE THIS a better opportunity the process of integrating members of any society SPECIAL FESTIVAL, WE to share than now. THISDAY into a cohesive social whole, what confronts us may MUST REFLECT ON AND The lockdown EDITOR SHAKA MOMODU not be particularly peculiar. But it will require all DEPUTY EDITOR WALE OLALEYE, OBINNA CHIMA IMBIBE THE ESSENCE OF and restrictions of MANAGING DIRECTOR ENIOLA BELLO citizens working together if we are to resolve many of SACRIFICE AND HUMILITY the past year have DEPUTY MANAGING DIRECTOR ISRAEL IWEGBU the ills that plague our nation. Thus, as we celebrate impacted negatively CHAIRMAN EDITORIAL BOARD OLUSEGUN ADENIYI this special festival, we must reflect on and imbibe FOR THE PROMOTION EDITOR NATION’S CAPITAL IYOBOSA UWUGIAREN OF HARMONIOUS on the lives and live- MANAGING EDITOR BOLAJI ADEBIYI the essence of sacrifice and humility for the promo- RELATIONSHIP IN OUR lihoods of millions THE OMBUDSMAN KAYODE KOMOLAFE tion of harmonious relationship in our country. COUNTRY of people. Therefore, If we understand the fact that we are all creations those who celebrate of God, the propensity for hate based on some must remember the less privileged of our society. THISDAY NEWSPAPERS LIMITED artificial differences would reduce and we would This year’s celebration, like in the past few years, EDITOR-IN-CHIEF/CHAIRMAN NDUKA OBAIGBENA relate more with one another with love and mutual GROUP EXECUTIVE DIRECTORS ENIOLA BELLO, KAYODE KOMOLAFE, is coming at a particularly difficult and trying time ISRAEL IWEGBU, IJEOMA NWOGWUGWU, EMMANUEL EFENI respect. Tolerance across these artificial divides that for our nation. The authorities may quote fancy DIVISIONAL DIRECTORS SHAKA MOMODU, PETER IWEGBU, our politicians have erected will foster harmony and ANTHONY OGED ENGBE statistics about the economy, but they do not reflect DEPUTY DIVISIONAL DIRECTOR OJOGUN VICTOR DANBOYI promote peace and development. It will also help the in the living standards of the people. By far the most SNR. ASSOCIATE DIRECTOR ERIC OJEH process of healing the deep wounds sparked off by worrying is the brutal killings that now define several ASSOCIATE DIRECTOR PATRICK EIMIUHI politics and the manipulation of religion and ethnic- CONTROLLERS ABIMBOLA TAIWO, UCHENNA DIBIAGWU, NDUKA MOSERI theatres across the country, most especially Kaduna DIRECTOR, PRINTING PRODUCTION CHUKS ONWUDINJO ity that has for decades held down our country. State. Critical stakeholders must come together to end TO SEND EMAIL: first [email protected] We wish our Muslim readers Eid Mubarak. the spiral of hate that is responsible for the violence

TO OUR READERS Letters to the Editor Letters in response to speciﬁc publications in THISDAY should be brief (150-200 words) and straight to the point. Interested readers may send such letters along with their contact details [email protected] . We also welcome comments and opinions on topical local, national and international issues provided they are well-written and should also not be longer than (950- 1000 words). They should be sent to [email protected] along with the email address and phone numbers of the writer. WHY MILK IS GOOD FOR ALL

“And there will be enough goat’s milk to feed you, To feed your However, although milk is a good choice for many, some people keeps black thoughts away.” Yes, adequate levels of Vitamin D in household, and to sustain your servant girls.” - Proverbs 27:27. cannot tolerate it because they are unable to digest lactose, a sugar milk supports the production of Serotonin, a hormone people associ- found in milk and dairy products (dairy products are products ate with mood, appetite and sleep. Manufacturers often fortify cow’s healthy drink - milk, is the first food we consume containing or made from milk). It is suggested that such people stick milk and plant milk with Vitamin D. So, this can help to reduce when we are born. Breast milk provides the ideal to unsweetened varieties of milk, to limit the amount of added sugar depression. Milk boosts your metabolism and keeps you satisfied for nutrition for infants during their first months of life. in their diet. Some examples of non-dairy milk alternatives include: a longer period. Also, whole milk can be added to your diet. With Children are encouraged to drink up their milk so that soymilk, oat milk, almond milk, and more. its high protein content, it can curb your cravings for junk food for a they can “grow up big and strong.” Do we, however, For those able to tolerate milk, however, consuming high-quality long time, which will aid you in your fitness strategy to burn fat. tend to stop drinking this nutritious beverage, milk, as milk and dairy products has been proven to provide a number of Researchers have also found that milk helps in preventing many weA grow older? Even as adults, should we still drink milk? health benefits. Milk is the topmost food source of Calcium and diseases, including some types of cancer. It soothes muscles and For decades, scientific research has continued to emphasize Vitamin D for children and adults. Calcium is an essential nutrient nerves and has a calming effect on you. the importance of maintaining bone health as we age. Gradually for strong bones, muscle movement and nerve signals. Vitamin There are many foods that are acidic in nature and can cause throughout our lives, our bones are constantly changing. Hence, D increases the body’s ability to abs orb Calcium. Sunlight is an excel- heartburns. Milk gives you a calming effect that coats the stomach when our intake of Calcium-rich foods is low, our body ‘steals’ the lent source of Vitamin D. Other sources of Vitamin D include: eggs, lining and oesophagus from causing heartburn. Milk makes your skin Calcium it needs from our bones - which can cause them to become salmon, mushrooms, fortified milk and some yogurts. look young, soft and glowing. This is because it contains retinol, a porous and weak. In Nigeria, bone diseases are quite common. Just Two, milk strengthens our teeth because it contains a high amount known anti-aging and skin-restoring antioxidant. Milk’s Vitamin D is as an example: according to data, more than 1.5 million cases of of Calcium. Lactose also helps prevent cavities and tooth decay. also an anti-aging vitamin, thanks to its anti-inflammatory effects and Osteoporosis are diagnosed in Nigeria every year! Osteoporosis refers Three, drinking milk is associated with a lower risk of age-related protection from ultraviolet rays. to a condition in which bones become weak and brittle, and bone loss muscle loss. Also, several studies have demonstrated that drinking Now that we know that milk has a wide range of benefits, how occurs without symptoms. Consequently, most people are unaware of milk after a workout can decrease muscle damage, promote muscle much milk should we consume daily? There is no hard and fast their deteriorating bone health. repair, increase strength and decrease muscle soreness. rule, but too much of something is not advisable. For adults, two However, the good news is that drinking milk regularly can help Besides, it is rich in protein. Your body requires proteins that can full glasses of milk a day - once in the morning and once before bed prevent Osteoporosis and bone fractures and even help you maintain help in cell repair and boosting a person’s immunity. It also promotes - will provide an adequate amount of nutrients. For children below a healthy weight. This delicious beverage has always been a healthy heart health. The Potassium in milk may help with heart health. 12 years of age, two 250ml glasses of milk a day should be sufficient. drink because it is an excellent source of vitamins, minerals, and Getting more Potassium while also reducing Sodium (salt) intake can And, of course, babies require regular milk intake, as it is their sole many other nutrients which are usually under-consumed by many lower blood pressure, reducing the risk of heart disease and stroke. source of nutrients. people. A quote by one Nischita Nibedita says: “A glass of MILK a day Daniel Idhakpe, FESTAC Town, Lagos 16 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY SALLAH GOODWILL MESSAGES... Saraki, Omo-Agege, Ekweremadu, Others Call for Prayers for Nigeria Our Correspondents

Former Senate President, Dr. Bukola Saraki, former Deputy Senate President, Ike Ekweremadu, Deputy Senate President, Senator Ovie Omo- Agege and Deputy Speaker of House of Representatives, Hon. Idris Wase have called on the Muslim faithful to continue to demonstrate fear of God which they described as a key ingredient in building a better Nigeria. Saraki in his Sallah message released in Ilorin and signed by his media aide, Yusuph Olaniyonu, also noted that, like the previous year, this year’s Eid-el-Kabir festival is holding with the COVID-19 pandemic still prevalent while the challenge has prevented many Muslims from embarking on the holy pilgrimage. “The essence of Eid-El-Kabir is the demonstration of the fear of Allah by Prophet Ibrahim (ASW) and his son, Prophet Ismail (ASW). If all of us can imbibe the fear of Allah, then our society will be better. Our country will develop if leaders display fear of Allah in taking key decisions that will affect the interests of the country and lives of the ordinary people,” he said. On his part, urged Muslim ummah to pray for the security of the nation. LET'S GO AND CELEBRATE... The Chairman of the Senate Committee on Customers buying rams for Sallah at Zango Ram Market in Kaduna...yesterday Environment, who described insecurity as the nation’s worst nightmare, stressed that without Abiodun Greets Muslim Ayade Urges Muslims to Ugwuanyi: Let’s Remain security of lives and property, development, Faithful, Calls for Patience, Emulate Prophet Muhammed Committed to God in Prayers progress, and economic prosperity would Steadfastness continue to elude the country. Cross River State Governor, Professor Ben Ayade, On the occasion of this year’s Eid-el-Kabir According to him: “It is sad that insecurity As the Muslims all over the world celebrate has felicitated with Muslims on the festival of celebration, Governor Ifeanyi Ugwuanyi of has persisted as the nation’s worst nightmare Eid-el-Kabir, Governor Dapo Abiodun of Ogun Eid-el-Kabir as they join their counterparts round Enugu State has enjoined Muslims, and indeed for so many years. We have never had it this State, has urged faithful in the state to emulate the world to mark the occasion. all Nigerians, to remain committed to God in bad. I do not know of any other nation in the the resilience, patience and steadfastness as well He admonished them to imbibe the virtues prayers for the peace, unity, security and progress world where all shades of criminals kill and as absolute faith in Allah, as exemplified by of obedience, love, alms giving, honesty and of the country. abduct citizens daily in peacetime as presently Prophet Ibrahim. sacrifice as examplified by Prophet Muhammed. In his Sallah Message, Governor Ugwuanyi experienced in Nigeria.” The governor, in a statement by his Chief The governor's admonition was contained in a felicitated with all Muslim faithful, wishing them In a similar vein, Omo-Agege called on Press Secretary, Kunle Somorin, said the festival Sallah message signed on his behalf by his Special the blessings and guidance of Allah. Muslims to continue to imbibe the spirit of love, which is symbolised by slaughtering of rams Adviser on Media and Publicity, Christian Ita. The governor urged Nigerians to embrace peace, kindness and sacrifice, as exemplified as commanded by Allah, should be used to According to Ayade, "more than ever before, the cherished virtues of love, peace, charity and by the Holy Prophet Muhammad. further foster unity and spread love in the state, our country needs collective will of all its citizens sacrifice as exemplified by the Holy Prophet While stressing that the country is passing and Nigeria. to surmount its challenges. So as people of faith, Mohammed. through one of the most trying moments in He added that though the country is going I charge you to be ready at all times to make the He stressed that the significance of the the history of the nation, the ranking senator through a trying period, the Eid-el-Kabir should sacrifices necessary for the progress of Nigeria Islamic celebration has a huge positive impact urged Nigerians to renew their faith in God. serve as an opportunity to supplicate and seek "There is no better way to do this than through in enhancing the peace, unity and progress He further urged Muslims to preach peace the face of God, for restoration and healing. exhibition of love, sacrifice, obedience, honesty of Nigeria as well as the nation’s efforts in and imbibe the virtues of Prophet Mohammed He further urged Muslims to remember those and sacrifice as taught by Prophet Muhammed.” surmounting its security, socio-economic and whose sacrificial and obedient life is the reason who don't have and share the merriment with Continuing, the Cross River state governor public health challenges. for the celebration. them. described Eid-el-Kabir as "an opportunity for Equally, Wase called for prayers and unity "As our Muslim brothers celebrate, let us be Muslim faithfuls to reflect on the faith, which Obaseki Felicitates with of purpose among Nigerians. moderate and remember those who don't have prophet Ibrahim dutifully agreed to sacrifice his Muslim Faithful, Charges on In a statement issued by his Chief Press in our neighborhood and share the merriment son in obedience to the command of Allah" Secretary, Umar Puma, urged Muslim faithful with them. Let us remember Nigeria and in “I wish to use this period of Eid-El kabir to Unity, Tolerance to use the occasion to pray for the success of particular, Ogun State, in our supplications”, speak to our inner selves and remind us that The Edo State Governor, Mr. Godwin Obaseki, the ongoing war against kidnapping, banditry, Abiodun was quoted to be saying in the statement. our great nation is going through challenges and has felicitated with Muslim faithful on the Eid- terrorism in some part of the country. all of us must play our role to overcome these el-Kabir celebration, urging them to continue to He also appealed to Nigerians to support Uzodimma Tasks Muslims on challenges", he further said. imbibe the spirit of love, tolerance and sacrifice the less privileged in the society. Love, Peace, Unity as exemplified by the Holy Prophet Muhammad. Gombe Governor Enjoins The governor, in a statement, charged Muslims Increase Prayers for Peace, Imo State Governor, Senator Hope Uzodimma, Citizenry to Imbibe Spirit of to use the period to deepen their relationship with Unity, Fayemi Tells Muslims has urged the Muslim faithful in the country Allah and pray for unity, peace and development to make love, peace and unity the hallmark of Sacriﬁce, Tolerance, Love, Unity of the state and Nigeria. Ekiti State Governor, Dr. Kayode Fayemi, their celebrations as they mark the Eid-el- Kabir. Gombe State Governor, Alhaji Muhammadu Obaseki noted: “On behalf of the Government has congratulated Muslims in the state and Uzodimma said imbibing the spirit of love, Inuwa Yahaya, has felicitated with the Muslim and people of Edo State, I felicitate with Muslim in Nigeria at large as they celebrate this year’s peace, kindness, unity and sacrifice goes a long Ummah on the occasion of this year’s Eid el-Kabir faithful on the occasion of Eid-el-Kabir. Eid-el-Kabir. way in showing their understanding of what sallah celebration. “This year’s Eid-el-Kabir presents yet another The governor, in a statement signed by his Prophet Mohammed stood and died for. In a goodwill message, the governor described opportunity for our Muslim brothers and sisters Chief Press Secretary, Yinka Oyebode, said the In a statement signed by Oguwike Nwachuku, the Eid el-Kabir as a period of sacrifice, sharing to deepen their relationship with Allah. Eid-el-Kabir festival commemorates Prophet Chief Press Secretary/ Special Adviser, Media, and caring, calling on the ummah to continue to “As we celebrate this auspicious occasion, I Ibraheem’s willingness to sacrifice his son in Governor Uzodimma further admonished imbibe the spirit of sacrifice, love, unity of purpose call for dedication to the virtues of love, oneness, deference to the will of God. Muslims to fervently pray for peace, unity, and obedience as exemplified by Prophet Ibrahim patriotism, tolerance and unity for the desired “It is only through love for one another and love, prosperity, stability and security of Nigeria. ( AS) and upheld by Prophet Muhammad ( SAW). development in the state and Nigeria.” commitment to peace, security and stability that He said no time was better to pray for Nigeria The governor also admonished the faithful to the country can progress towards the fulfilment than now that the peace, love, unity, stability remain steadfast in prayers for peace, prosperity Sule Re-echoes Adherence of its great potentials as a nation,” he said. and prosperity of the country is being threatened and development of the state as well as for an to COVID-19 Preventive The Chairman of the Nigeria Governors’ by security breaches and sundry crimes. end to the security and other socio-economic Forum charged the Muslim faithful not to Uzodimma also used the opportunity to salute challenges. Measures stop praying for the peace and progress of President Muhammadu Buhari whom he said "Gombe State is so peaceful, stable and Nasarawa State Governor, Abdullahi Sule, has the country despite inability to observe this has demonstrated uncommon commitment to progressive and that has a lot to do with the re-echoed the need for Muslims to adhere strictly year’s Hajj and Arafat rites; saying that the the security of Nigeria through social investment disposition of peace, unity and tolerance that all COVID-19 protocols. fervent prayers by various religious bodies and programmes that cater to the needs of the has been consistently nurtured and fostered. I The governor stated this in his Eid-el-Kabir individuals have been responsible largely for the people. therefore charge us to maintain this spirit". message to the Muslim faithful, insisting that peace that the country enjoys in recent times. While urging Muslims to use the opportunity Yahaya who noted that “although this year’s clerics in the state should ensure that worshippers While urging Nigerians to celebrate moderately, of the Eid-El-Kabir to also pray for President celebration is coming at a period the country is comply with the COVID-19 guidelines issued Governor Fayemi tasked Muslims and non- Buhari, the governor noted that the president grappling with security and other socio-economic for the benefit of the people. Muslims to use the occasion to pray for peace, is taking steps to rewrite the story of Nigeria challenges, such should not distract us from learning Sule, however, implored Muslim faithful to security, stability and prosperity of Ekiti State as regards infrastructure development and the good lessons of the festival which teaches re-affirm their obedience to Allah’s injunctions which, according to him, is moving on the social welfare of the youth, women and the compassion, selfishness, love and obedience to as contained in the Holy Qur’an and follow path of sustainable development. vulnerable in the country. the commands of Almighty Allah.“ the teachings of Prophet Muhammad.

TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY 17 SALLAH GOODWILL MESSAGES... Eid-el-Kabir is a Reminder of What We Must Do to Heal Nigeria, Say Atiku, Secondus Our Correspondents

Former Vice President, Atiku Abubakar and the National Chairman of the Peoples Democratic Party (PDP), Prince Uche Secondus, have said that Eid-el-Kabir teaches and reminds Nigerians of the meaning of sacrifice, love and forbearance with God and in the relationships with one another. In a statement he personally signed, Atiku said: "As Muslims more especially, Eid-el-Kabir and the stories of Prophets Ibrahim and Ishmael (Peace and Blessings of Allah be with them) that accompany it requires that we take the whole of humanity as one nation." He explained that the significance of the celebration is rooted in peaceful co-existence, mutual respect and tolerance, adding that these are the virtues that Nigerians, need to imbibe as well as seek to heal the country of all shades of mistrust. The former vice president said that according to the teachings of Prophet Muhammad (SAW), the slaughtering of animals in celebration of this festival is to evoke and reinforce the consciousness of God in all the deeds and wishes. WHICH SHOULD I CHOOSE?... Accordingly, he said, "We would not be able Rams for sale at the Aleshinloye Market in Ibadan, Oyo State...yesterday to fully appreciate the love from God if we allow killing of the innocent souls and propagation government at all levels not to do anything religions and development, noting that as and unity among their people. I also call on of hateful rhetoric become a norm amongst us. that will block avenues for peacefull dialogue Lagosians, every resident must live together the people to always be law abiding, pray "As I congratulate Muslims in Nigeria and with agreived parties. peacefully. and support leaders at all levels to succeed. across the globe on this year's Eid el-Kabir, In a goodwill message to mark the Muslim “On behalf of my family and government of "I enjoin Nigerians, especially Muslims, to use may I remind you of our beloved Prophet’s festival of Eid-el-Kabir, NLC said that government Lagos State, I join millions of people around the period to also pray for God's intervention saying that, "no nation is superior to the other. being the custodian of the ideals of the nation’s the world, to wish our Muslim brothers and in the security and other emerging challenges But the best amongst you is the one with the collective civilisation must embrace social dialogue sisters in the state and in Nigeria happy Eid- facing the country." best piety to Allah," Atiku stated. and with utmost good faith. el-Kabir, which comes with significant lessons On his part, Secondus expressed concern "We call on government to take utmost for mankind. Glo Rejoices with Muslims on on the state of the nation and said that the caution not to criminalise social dialogue. Social "Eid al-Adha has become a symbolic event worrisome situation calls for the intensification dialogue can only be meaningful when every in the history of mankind, following the events Eid-el-Kabir of prayers. party comes to the table in good faith. that led to the sacrifice by Prophet Ibrahim, who As Nigerian Muslim faithful join their He, therefore, asked Nigerian Muslims to "Government being the custodian of the ideals held tenaciously to his faith in God despite his counterparts all over the world to mark use the solemn period of Sallah to present of our collective civilisation must embrace social unpleasant circumstances at the time.” this year's Eid-el-Kabir, Telecoms giant, Nigeria's discomforting situation to Allah for dialogue and with utmost good faith," it said Globacom, has congratulated them on yet his prompt intervention and mercy. In the signed by its President, Ayuba Wabba, Oyetola Rejoices with another celebration in the worship of the The PDP boss said poor leadership was the NLC said that peaceful protest is a form of Muslims, Urges Strict Almighty Allah. threatening the country and there was need social dialogue, adding that peaceful protesters In a goodwill message sent to Nigerian to seek God's intervention. must not be harassed, humiliated, brutalised, Compliance with COVID-19 Muslims yesterday, Globacom urged Muslims He said that the blood of thousands of maimed, imprisoned or killed. Protocols to use the occasion of the festival to pray for innocent souls being wasted daily in ther He added that violent crushing of peaceful Governor of Osun State, Adegboyega Oyetola, peace, unity and development of the nation land at various troubled spots particularly the protest tends to send a very dangerous signal has rejoiced with Muslims in the State and and imbibe fully the teachings of Prophet stress of school children in the North, should that civilisation and indeed the country’s shared across the world on the occasion of the 1442 AH Mohammed (SAW). be enough mitigation to plead to God to save humanity has failed. Eid-el-Kabir festival, urging them not to forget Globacom said: “We rejoice with Nigerian this country from destruction. Wabba said the government as the embodiment the symbolic significance of the celebration. Muslim Ummah as they celebrate the 2021 According to him, Nigerians should also of the country’s sovereignty must ensure we This is contained in his Eid-el-Kabir message Eid-el-Kabir festival. We urge them to use use the period to offer fervent prayers for never get to that point. to Muslim faithful. the occasion to continue to promote peaceful the unity and stability of the nation which is "On this Eid-el-Kabir, we must commend In a statement by his Chief Press Secretary, co-existence and live up to the tenets of their seriously under threat due to insecurity and and extend the worthy sacrifice of the Nigerian Ismail Omipidan, the governor encouraged faith through acts of charity and obedience to biting economic hardship arising from poor workforce to all segments of society. The Social the Muslim faithful to take cognisance of the injunctions of the Holy Quoran”. leadership. Partners – Government – Employers – Workers the symbolic significance of the festival and The company also urged them to exhibit must all renew our commitment to making imbibe the lessons of obedience and sacrifice the lessons of commitment, dedication and Ortom Calls on Nigerians to worthy sacrifices towards building a peaceful, as demonstrated by Prophet Ibrahim. obedience to higher authorities as exemplified Pray for Peace, Unity prosperous, inclusive, secured, and sustainable Oyetola also called on the worshippers by Prophet Ibraheem’s willingness to sacrifice Benue State Governor, Samuel Ortom, has on society. and all Nigerians to use the celebration to his son in deference to the will of God, a Nigerians to continue to pray and support the "Wabba urged Muslim clerics to use the pray to Allah to save the country from the supreme act of faith which Eid-el-Kabir glorifies. peace and unity of the country. opportunity to pray for the safe return of of resurgent COVID-19 pandemic, insecurity and The governor, who made the call on the those still being held hostage by bandits. other challenges facing the nation, just as he Let Peace Reign In Nigeria, occasion of this year’s Eid el-Kabir celebration, "There is no sacrifice too big to make for emphasised the need for unity, love, tolerance Speaker Obasa Pleads said the safety of lives and property in all parts peace. We urge the Muslim Ummah to use the and peaceful co-existence among people in the of the state would remain the priority of his occasion of this Sallah to pray for the forgiveness State and Nigerians in general. The Speaker of the Lagos State House administration. of sin, peace in our country, for the safe return "In the spirit of Eid-el-Kabir celebration, I of Assembly, Hon. Mudashiru Obasa, has He said the current spate of insecurity where of all victims of hostage-for-ransom all over enjoin us all to respect our differences in terms of urged Nigerians to see peace as one of the hundreds of school children are kidnapped the country and for prosperity," he said religion, tribe or political affiliation, and embrace major ingredients for democracy to thrive. daily in parts of the country, armed herders love, unity, tolerance and peaceful co-existence. Obasa made this known in his Eid-el-Kabir frequently attack farming communities and kill Sanwo-Olu Congratulates In diversity lies our strength," Oyetola said. message to Nigerians including residents of many people, as well as other acts of terrorism Muslims, Urges Residents to Lagos and politicians in the state, which is can only be surmounted if security agencies preparing for local government elections. Celebrate with Caution Nasarawa Speaker Calls for are given adequate support. Sustained Prayers for Nigeria The Speaker, who noted that the yearnings Governor Ortom, in a statement by his Chief Lagos State Governor, Mr. Babajide Sanwo- of many well-meaning Nigerians were Press Secretary, Terver Akas, stated that Eid- Olu, has congratulated Nigerians, especially As Muslims celebrate this year's Eid-el-kabir justified, however, added that going about el-Kabir offers all Muslims the opportunity to Muslims across the country on the occasion today, speaker of the Nasarawa State House of such demands and requests through violent exemplify the virtues of piety, honesty, charity of Eid-el-Kabir festival. Assembly, Ibrahim Balarabe Abdullahi, has called means would not help the citizens and the and generosity, according to the teachings of Governor Sanwo-Olu while rejoicing with for sustained prayers for peace and progress country. Prophet Muhammad. Muslims on Eid-el-Kabir celebration urged of the country. "We complain about a dwindling economy Ortom appreciated the understanding and support Benue people have given him since them to celebrate with caution in the wake Speaker Abdullahi stated this in a statement today, but the truth is that restiveness, banditry, 2015 despite the challenges the state government of the third wave of coronavirus infections in signed by his Press Secretary, Jibrin Gwamna, terrorism, kidnappings and general insecurity has faced within the period. Nigeria. He also advised them to keep to all which quoted the speaker as calling on Muslims are some of the major causes. the COVID-19 protocols. to reflect on the significance of the period which "It is not difficult to know that no nation can ‘He wishes the people of the state a joyful Sanwo-Olu in his Eid-el-Kabir message issued is sacrifice to extend hands of love and friendship thrive or succeed when it is violence-ridden. Eid-el-Kabir celebration,’ the statement concluded. yesterday by his Chief Press Secretary, Mr. to one another especially the less privileged. "Just as citizens must begin to live in peace Gboyega Akosile, advised Lagosians, especially The speaker called on all Nigerians to and neighbourliness, we, as leaders, must Don't Stiﬂe Social Dialogue, Muslim faithful to imbibe the lessons of sacrifice tolerate, love and live in peace with one also not nap, we must not sleep on ideas NLC Tells FG, States made by Prophet Ibrahim and work for the another irrespective of religion, political or to make the country great. peace, stability, unity and progress of the country. ethnic differences to build an egalitarian society. "We must show perfect examples of love Nigerian workers under the umbrella of the The governor said there is strong connection He said: "I call on religious, political, traditional for country and sacrifice to humanity as Nigeria Labour Congress (NLC) have urged between peaceful coexistence of all tribes and and community leaders to always preach peace Islam teaches.” 18 THISDAY ˾ TUESDAY JULY 20, 2021

Group Politics Editor NSEOBONG OKON-EKONG POLITICS Email [email protected] (08114495324 SMS ONLY) Questionable Reprieve for Electoral Offender The recent conviction of Professor Peter Ogban for electoral oﬀences that was described as a landmark decision in the nation’s jurisprudence, was last week made a mockery courtesy of a controversial bail pending appeal aimed at setting him free,Davidson Iriekpen writes

Ogban Muhammad Yakubu

arely four months after Justice Augustine became public, observers have been criticsing many occasions chase away voters, security itself. This is weird. It ought to be reviewed, Odokwo of the Akwa Ibom State High it, saying the action makes a mockery of the agents too have been fingered in mass thumb and the Electoral Act strengthened. Court was commended for a landmark judgment convicting him and the lessons thereof. printing of ballots for their masters. Politicians For a long time, many Nigerians had wondered decision convicting Professor Peter They noted that such actions make the high and deploy weapons and skulduggery to win at all when the laws would finally catch up with Ogban for electoral fraud, he is on mighty to evade prison after being convicted costs. Hanging on to technicalities, the courts at least one heavyweight involved in electoral Bthe street walking as a free man courtesy of a and sentenced for infraction of the law. They often close their eyes to all this. The implication malpractices to serve as a deterrent. But the N10million bail pending appeal granted him further wondered why the Nigerian criminal is that over time, the electorate has become favour granted Professor Ogban instead of last week by another judge. justice system creates loopholes for the high disillusioned with democracy. Voter apathy allowing him to serve his prison term, has Justice Justice Pius Idiong while ruling on the and mighty to take advantage of. is escalating. clearly shown that the Nigerian prisons are bail application filed by the convict, said the bail Those who spoke to THISDAY on condition of The Westminster Foundation for Democracy not meant for those who have connections with conditions would include a surety in like sum anonymity, faulted the judge who despite holding (WFD), a British NGO, stated that the voter the high and mighty in government. who must reside and have properties within the that “the applicant did not prove exceptional turnout in the 2019 presidential election fell to While miscreants are randomly arrested by jurisdiction of the court. Other conditions include circumstance or unusual reason to be granted 35 per cent from 44 per cent in the 2015 polls. law enforcement agents and arraigned and sent the presentation of Certificate of Occupancy bail,” still went ahead to grant him bail. That 44 per cent turnout was also a decline to prison on trumped up charges, the rich often signed by the state governor and two passport For too long in the country, election riggers were from 54 per cent attained in the 2011 polls. tends to escape justice via technical loopholes photographs each of the applicant and surety scarcely brought to book, creating an incentive “Statistics show that the voter turnout for Nigerian or outright undermining of the system. For to the Registrar of the court. for unscrupulous politicians and their cohorts presidential elections has been dropping since instance, from 2007 to date, security and anti- The judge held that though the applicant did in INEC to persist in bad behaviour. In the 2003,” the WFD lamented. graft agencies in the country have arraigned not prove exceptional circumstance or unusual 2015 elections, the electoral umpire received Repeatedly, INEC deplores its helplessness no less than 50 high-profile public officers and reason to be granted bail, the applicant may 149 case files. Most of the cases were dismissed to rein in offenders. Under the Electoral Act, it personalities but are still yet to secure conviction have to serve the terms of the sentence before for lack of diligent prosecution. At times, the cannot investigate or arrest offenders, though against them. the determination of the appeal. attorneys-general of the states file nolle prosequi it can prosecute. By relying on external forces Though there is no dearth of laws in the The Independent National Electoral Commis- motions to get the offenders off the hook. At the to do its job, this hamstrings the commission. country, what many believe is lacking range sion (INEC) had arraigned Ogban, a Professor of end of the day, 61 cases were prosecuted, but Since 2015, the Economic and Financial Crimes from diligent prosecution to political will to Soil Science of the University of Calabar, Cross no conviction was secured. This is appalling. In Commission has been prosecuting the suspects move against powerful and influential people River State last year before Justice Odokwo. this way, the offenders compromise the elections linked to the $115 million allegedly distributed who contravene the law. They wonder why The university don who acted as the Collation/ with impunity. by a former Petroleum Minister, Diezani Alison- people who steal public funds, and those Returning Officer during the 2019 National Despite the introduction of technologies like Madueke, to compromise that year’s general who commit electoral fraud, financial and Assembly elections, was charged with two the smart card reader and the permanent voter election. In a scandalous case, INEC said though corporate fraud are allowed to freely walk counts of fraudulently tampering with the card – the police recorded 796 arrests in the it secured 40 convictions – described as the the streets when they are supposed to be election results in favour of the All Progressives second phase of the 2019 general election and highest so far – in a bye-election in Kano State behind bars. Congress (APC) in Akwa Ibom North-West 323 arrests in the first phase. in 2016, “the convicts did not apparently spend It was against this background that Nigerians senatorial district. In its final report, the European Union Observer any time in prison” because they were given were jolted when an Osun State High Court in In one of the court’s sessions, Ogban had told Mission to the 2019 polls stated that the prevalent the option of fine. Osogbo recently sentenced a 31 year-old man, the court how the results of the election were forms of electoral fraud included forgery of It is believed that Nigeria, electoral fraud begins Kelvin Igha Igbodalo, to 45 years imprisonment falsified to give the APC an unfair advantage permanent voter cards, interference with a ballot from the party primaries. Although INEC has for stealing a Sony Ericson mobile phone. over its main rival, the PDP. For instance, some box or ballot papers, dereliction of duty by an observer status during this exercise, it has no Igbodalo, who was arraigned on a six-count 5,000 fake votes were added to the APC’s score election officials, impersonation, voting when power to intervene. For the 2019 elections, there charge of conspiracy, obtaining by false pretence, in Oruk Anam, in the election. not qualified, bribery, violation of the secrecy were 1,700 pre-election suits as of November stealing, impersonation and advance free fraud, The initial judge, Justice Odokwo, after listening of the vote, and disorderly conduct of elections. 2020 with INEC spending between N3 million pleaded guilty. Justice Jide Falola sentenced to the arguments, said the prosecution was Incidentally, vote-buying on Election Day occurs and N4.5 million on each case. This is more Igbodalo to 10 years in prison for each of the able to prove its case against Ogban beyond prominently. Not only do political hirelings on than one and a half years after the election first three charges and five years each for the any reasonable doubt. He found the Professor last three counts. guilty of manipulating and falsifying the scores But a former Assistant Director in the federal of election results in Oruk Anam and Etim civil service, Mr. John Yakubu Yusufu who Ekpo Local Government Areas in favour of the His lawyers swung into action with an appeal at admitted to being part of those who stole APC. The judge consequently sentenced him N32 billion was practically allowed to go free. to 36 months jail term and a fine of N100,000. the Court of Appeal. But THISDAY gathered that The sentencing of Yusufu which was the first When the judgment was delivered, not only conviction in an elaborate scam that came to was it hailed across the country, it was also a former governor of the state whom Ogban had light in 2012 involved several top officials, described as a landmark decision in the nation’s allegedly connived with to rig the election in his offices and banks. The convict was tried on a jurisprudence. 20-count charge alongside Atiku Abubakar Kigo Soon after, his lawyers swung into action with favour, masterminded a bail pending appeal for (Permanent Secretary), Ahmed Inuwa Wada an appeal at the Court of Appeal. But THISDAY (Director), Veronica Onyegbula (Cashier) and gathered that a former governor of the state him. It was gathered that the former governor who Sani Habila Zira (ICT Officer). His sentencing whom Ogban had allegedly connived with to came after he pleaded guilty to betraying trust rig the election in his favour, masterminded a saw the gesture as pay back time, was at the time and fraudulently converting N2 billion of police bail pending appeal for him. It was gathered pension funds to private use. He admitted to that the former governor who saw the gesture contesting a senatorial election. It was believed the 19th and 20th offences relating specifically as pay back time, was at the time contesting a to him, each involving betrayal of trust and senatorial election. It was believed that he did that he did not want to leave Ogban in the cold the conversion of N1 billion apiece. But to not want to leave Ogban in the cold after he after he attempted to risk his career and life for the consternation of Nigerians, the trial judge, attempted to risk his career and life for him. Justice Abubakar Talba, handed the convict a Immediately the professor was convicted and him. Immediately the professor was convicted and mere sentence of six years in jail and an option sentenced, he was led away by prison officials. of N750,000 which he promptly paid to avoid Since the news of the bail pending appeal sentenced, he was led away by prison officials going to jail. THISDAY ˾TUESDAY JULY 20, 2021 19 POLITICS Osinbajo Can Returm Nigeria to an Era of Professionalism in Government Nseobong Okon-Ekong writes that Vice President Yemi Osinbajo understands the challenges and demands of the oﬃce of President of Nigeria and has acquired the depth of on-the-job-training and preparedness to succeed President Muhammadu Buhari

Buhari Osinbajo

emi Osinbajo, Nigeria’s Vice for granted that competence will be under some sort of pressure from Service (FIRS). It was alleged that the President can be the presi- form the basis of call to service in his Tinubu directly or remotely from his Vice President took N90 billion from dent all Nigerians clamour administration. Nigeria and Nigerians supporters. The demand on him will the FIRS to fund the 2019 elections. for come 2023; and he will will experience a new lease of life be to show gratitude at all times to Soon another allegation of corruption work for everyone, including and pride in their nation as Osinbajo the man who God used to pave the against Osinbajo emerged from the Ythose who think he is not deserving. deploys every possible method to ad- way for him to reach the pinnacle main opposition party, the Peoples There are many likely aspirants, like dress injustices to aggrieved sections of governance in Nigeria. But what Democratic Party (PDP). He was the accomplished businessman, Mr. of the country in a bid to put the many including Abuja-based lawyer, mentioned in the N5.8 billion Na- Gbenga Olawepo-Hashim, who holds nation first. Kayode Ajulo who have started to tional Emergency Management Agency such a promise. The imperative for It is clear that Osinbajo would be rally friends and associates of the (NEMA) scandal. The Vice President a president who is totally devoid of guided by his famous statement. Vice President into a potential politi- was also unfortunately tied to an sectional interests has never been so “As I repeated many times during cal pressure group, first within, the unsavoury report by a notorious online paramount. the course of the campaign that our APC, and later with the mandate to publisher that linked him to corrupt Mr. Osinbajo has worked very country is not short of ideas, we are reach farther in the larger society, receipt of money from the Economic closely, almost without rancour with not short of projects; we are not short believe that Osinbajo can be trusted and Financial Crimes Commission President Muhammadu Buhari, except of money either; what we are short to keep the ship of state on an even Acting Chairman Ibrahim Magu. In for instances of misunderstanding of is integrity in office.” keel. The Ajulo train for Osinbajo is all these instances, the allegations died contrived to benefit those who do Mr. Osinbajo recommends himself for anchored on continuity, competence, naturally because they were without not wish him to succeed the president. not dealing treacherously with two of experience, stability, charisma and substance. It is noteworthy that at For now, it may be said that the Vice the most powerful figures, not only in zoning. “My support for Osinbajo is no time did President Buhari show President has no personal agenda the APC, but in the country. He served based on principles over politics,” displeasure of the conduct of the Vice beyond carrying out assigned roles as Attorney General and Commissioner he said. President. At this juncture, it becomes and giving unalloyed support to his of Justice under Senator Bola Ahmed To date, it may be argued that most necessary to recall the testimony of principal. His loyalty brings to mind Tinubu as Governor of Lagos State. successful Minister of Finance in Nige- a renowned Professor of Law, Itse the years of distrust and the divided For his dedication, Tinubu had no ria was Chief Obafemi Awolowo, who Sagay. On Osinbajo, he said, “The presidency of Olusegun Obasanjo and reservation in putting him forward was a lawyer, journalist and thinker. Vice President is an incorruptible former Vice President, Atiku Abubakar. when it became clear that Nigerians Osinbajo headed Nigeria’s economic man of God, a man of high moral The expectation of the Nigerian public would not accept his bid to pair Buhari team at a most critical period under standing who is as clean as a whistle. on what qualities the next president as running mate; mainly because of the Buhari presidency. His economic He will not appropriate any money of Nigeria should possess is squarely the religious sensitivity of Muslim- recovery plan as Chairman of the that doesn’t belong to him to himself.” captured in Osinbajo. He understands Muslim ticket. Since 2015, Osinbajo has National Economic Council (NEC) Supposing the APC permutation the challenges and demands of the largely remained where the lines are is still the structure on which some favours him and he goes on to win office. Arguably, no Vice president defined for him; not overtly ambitious of the current policies are being run. the general election, Mr. Osinbajo will has acquired the depth of on-the-job- to attempt a crossover into needless His record of accomplishments has also do very well in foreign relations. training and preparedness. He is well controversies. Therefore, Buhari has almost been indelible until the mud Like his mentor in politics, Osinbajo suited to the demands of the office. enjoyed a relatively peaceful presi- that was splashed on his reputation has an uncanny gift to assemble the The ruling All Progressives Con- dency, assured that his deputy is a owing contrived complicity in the right team of men and women that gress (APC) has experienced a lot of gentleman to the core. Tunde Fowler alleged corruption can buld bridges over troubled waters skirmishes over the bid to control the As president, Osinbajo will certainly case at the Federal Inland Revenue in all spheres. The questions will be party. These unpremeditated fighting tough on all counts and Nigerians has led to unhealthy cleavages that will want quick, almost magical threatens to severe the cord of unity results, but the Vice President has within the party. Osinbajo can be that the level-headedness to pilot Nigeria fine thread that completely sews and Nigeria and Nigerians will experience a new lease into her avowed destiny of admirable restores the tattered fabric of the APC. greatness. Inside of him is a huge capacity for of life and pride in their nation as Osinbajo deploys Before Nigerians are offered the compassion and decency. A President every possible method to address injustices to choice between Osinbajo and others, Osinbajo would have a bold respect the APC must do the country the favour for the rule of law, not because he aggrieved sections of the country in a bid to put of bringing him forward and availing is a professor of law and a preacher him with the best support available of the gospel whose moral compass the nation first. It is clear that Osinbajo would be to triumph in the 2023 presidential has been unwavering on the path of election. rectitude, but he has demonstrated guided by his famous statement. “As I repeated It would be wrong to say here over time that he strives for excellence that Osinbajo has no flaws. There without compromise. No doubt public many times during the course of the campaign is no such human being. What is confidence in democratic institutions that our country is not short of ideas, we are not possible is that if he emerges as the will be restored. With Osinbajo on the APC presidential candidate, he has saddle there would a swing back to short of projects; we are not short of money either; the capacity to shepherd Nigerians the era of regard for professionalism to realise their God-given potentials in government. It can almost be taken what we are short of is integrity in office in all fields. 20 THISDAY ˾ Ͱͮ,ͰͮͰͯ

Group Features Editor: Chiemelie Ezeobi FEATURES Email [email protected], 07010510430 Enhancing Professionalism, Responsiveness in the Nigerian Army The Nigerian Army recently held a training for chief clerks targeted at enhancing professionalism and responsiveness, as well as strengthening information security for optimal performance, writes Chiemelie Ezeobi

Commandant NACOL, Major General Martins Enendu (middle) ﬂanked by other senior of- ﬁcers including the GOC 81 Division, Major General Lawrence Fejokwu (third right) The GOC with Colonel Onyekachi Eneowo

The resource persons who delivered lectures Cross section of participants at the training

o strengthen information security manner of handling information. Some of the discharge of your duties. assist in the actualisation of the purpose and prevent leakage of official docu- these leakages are from men in the field "Additionally, you must consider your of this convention." ments, the Nigerian Army recently and sometimes, even from people who are service as a sacrifice for the betterment of held a four-day training for its not soldiers. We are here for the structured the system especially on issues bothering on Optimal Functioning chief clerks aimed at enhancing manner of handling document security and all clerical matters. You must therefore take In his welcome address, the General Tprofessionalism and responsiveness for I think we would achieve the objectives." this convention seriously and maximise the Officer Commanding (GOC) 81 Division, optimal performance. According to Yahaya, the training would benefit that comes with it so as to ensure Major General Lawrence Fejokwu expressed The training which held at the headquarters, enable the soldiers develop needed capac- your effectiveness as a chief clerk. optimism that the trainees would be better Nigerian Army Ordnance Corps (NAOC), ity and enhance their performance in the "Similarly, you must endeavor to seize informed and equipped at the end of the Yaba, Lagos, was targeted at NA Chief Clerks, discharge of their duties as mustered and every opportunity, to develop yourselves and convention. who are non-commissioned officers (NCOs) trained confidential secretaries, personal acquire requisite skills so as to be prepared He said: "Chief Clerks are expected to attached to administrative departments and assistants and Chief Clerks of the various to surmount challenges which are associated be robust, endowed with quick thinking, units where they perform clerical duties. formations and units they serve in. with the modernisation and technological analytical and armed with problems solving The NA 2021 Chief Clerks Convention He warned against falsification of advancement of our societies especially as skills and foresight. Only in this way, can chief attracted senior officers and over 400 Chief documents/signatures, late/non-rendition it affects the discharge of your duties as clerks contribute to the optimal functioning Clerks drawn from units, formations, Corps of returns, unauthorised publications and Chief Clerks. of formation and units in the NA." Headquarters and training institutions across dissemination/disclosure of classified "You must therefore keep abreast and key He urged the participants to make optimal the Nigerian Army. information to the press or other unreliable into the ongoing process of using modern use of the opportunity by learning the audiences, describing such as unpatriotic smart technology and strive to acquire all rudiments of contemporary clerical work, Developing Capacity acts that could have dire consequences on the clerical skills, it provides. adding that the knowledge acquired would Declaring the convention open, the Chief the image of the army. "To this end you must be computer literate enable them function in various capacities. of Army Staff (COAS), Lieutenant General He said: "As trained clerks, you must and proficient in the use of internet facilities Faruk Yahaya said it was designed to remind uphold the Official Secret Act which provides and be capable of performing cloud computing Lectures the participants on the need to uphold the the guidelines and regulates your professional and other related clerical aspects of these In the first Lecture titled “Capacity Develop- Official Secrets Act in the course of their duty. conduct. In this regard I wish to use this emerging technologies. It is only through such ment of Clerical Staff: Challenges and ways The COAS who was represented by the opportunity to reiterate that as chief clerks, commitment, focus and dedication, that you forward” delivered by Colonel Onyekachi Commandant, Nigerian Army College of you must discharge your duties professionally can cope with the ongoing transformation Eneowo, he enlightened the participants on Logistics (NACOL), Major General Martins and desist from acts which contravene the in the NA which I desire to achieve in the the roles of NA Clerical Staff. He pointed Enendu, reminded the participants that Official Secret Act which you all swore to attainment of my vision. out the challenges to capacity development, they are the custodians of documents in uphold. "It is therefore important that as chief especially in the face of current security the army and must guide against leakage "It is also expected that your actions will clerks, you must serve the NA with utmost challenges confronting the nation. of information that could either embarrass portray you as role models to your subordinate honestly, sincerity and above all, with a Also, Brigadier General Chijioke Onwule the service or jeopardise its operations. clerks in the branches, wings, cells or orderly God fearing mindset. You must therefore in a lecture titled, “Exploring Information He said: "This training is designed to bring rooms of your various formations, units or ensure uprightness, guided by good morals Communication Technology for Optimal us all on the same page towards ensuring establishments. You must therefore strive and values so as to remain relevant in the Performance of the NA Chief Clerks" drew such leakages are checkmated. The issue to lead by example effective functioning of your respective the attention of the participants to global of disclosures from theatre of operations and imbibe all the core values of the NA corps, formations or units. Accordingly, best practices that are in tune with military may not in all cases be limited to structured to ensure professionalism and honesty in imbibing these attributes will no doubt conventions. THISDAY ˾ Ͱͮ,ͰͮͰͯ 21 FEATURES Okowa: Six Years Like Six Decades Kenneth Orere

hen the National Bureau of Statistics, NBS, released the 2020 National Poverty Index which saw Delta State leapfrog to second leastW poorest state (state with lowest number of poor people) in Nigeria, it came as no surprise to many Deltans. By 2010, Delta was ranked 10th. It is now classified as second least poor state. And this is happening at a time of low ebb in global economy; at a time of depleting foreign reserve for the country, at a time of very low crude oil price in the international market which translates to low revenue to states and the federal government. During this period, particularly within the last two years, many states could not pay basic salaries let alone embark of major capital projects. But that was the time Dr. Ifeanyi Okowa, governor of Delta, revved up development in the state. Many linked the state’s movement from the high poor belt to the least poor bracket to efficient public finance management, productivity-oriented economic policies, effective multi-sector interventions, youth- targeted job and wealth creation initiatives Stephen Keshi stadium and conscious effort at diversifying the state’s economy through agriculture. But women and the girl-child has been legend- communities in a manner no leader has some Deltans believe it is far more than ary. Using the Rural Youth Skills Training ever done. He built hospitals, houses and these. They attribute the jump and general programme (for youths resident in the he built humans. He turned our youths improvement of the state’s economy to rural communities with basic knowledge from crime and street lives to productive probity and prudence in fiscal management in chosen trade/enterprise); Girls Entre- ventures,“ he said when he addressed as well as a carefully calibrated prioritisa- preneurship and Skills Training (GEST) some youths in his community ahead of tion of development programmes embarked programme (for young ladies between ages the local government election which held upon by the governor. 18 and 30); and, the Women Entrepreneur- earlier this year. Working on the development blueprint ship and Skills Acquisition Programme Governor Okowa’s peerless stride in captured in his SMART programme to (WESAP), Okowa has empowered rural infrastructure development has continued build a Stronger Delta, Okowa strategi- dwellers including women. For instance, he to draw top politicians and thought leaders cally moved the state away from over- gave a boost to the making of Akwa-Ocha in the nation to Delta State to perform dependence on oil money. The diversity (White Cloth), the popular traditional commissioning ceremonies or flag-off of of Delta ecosystem is such that it is both hand-woven cloth common among the projects including the multi-purpose state riverine and upland and it has the capacity Anioma people of the state which is being secretariat, concessioning of a hugely to support agriculture in diverse crop and exported to different parts of the world to rejigged Asaba International Airport, animal farming namely: Cassava, rice, yam, Diaspora Anioma people, their friends and Stephen Keshi International Stadium, tomato, oil palm production as well as in those who are thrilled by the tapestry and hospitals, schools, a brand new High Court aqua-culture (fishery), piggery, poultry, grandeur of the intricately woven piece of complex after the old building was razed among others. cloth. Before now, Akwa-Ocha was made during the EndSARS protest, roads and The governor’s bullish construction using local looms and it was done mostly bridges in all parts of the state. of roads and bridges in the state which by old women without any plan of sustain- Under Okowa, Delta has positioned itself earned him the moniker, Roadmaster, Gov. Ifeanyi Okowa ing the art through the coming generations. to retrieve its old glory as the birthplace for also helped to contribute to the state’s But Okowa has modernised the operations academic excellence and breeding ground economic stimulation. The completion of his promise of ‘Prosperity for all Deltans’. thus enhancing efficiency including speed for fecund minds. The state now has four 799 civil infrastructure projects including The YAGEP programme offered a safety of production and splendour of the final state government-owned universities the construction of 5 bridges (15 more net to rein in the youths, got them actively product which translates to more money (Abraka, Agbor, Asaba and Ozoro), two ongoing), 1,577.8 kilometres of roads and engaged such that they were able to turn for those in the business. Besides, the polytechnics, (Ogwashi-Uku, and School of 908.8 kilometres of drainage channels has their youthful energies and feisty fervour government has made it attractive to the Marine Technology, Burutu), two Colleges not only helped to reduce infrastructure into productive ventures in agriculture. younger generation through the Delta of Education (Warri and Mosogar), well- deficit as well as encourage commuting Under YAGEP, a total of 893 previ- Fabric (Akwa-Ocha/Akwa-Oma) training equipped technical colleges, four schools and movement of goods and services ously unemployed youths were effectively programme at the Accelerated Delta of nursing/midwifery (Eku, Agbor, Ughelli across the state, it has remained a reference trained, empowered and settled in 25 farm Innovation (Leather works/Shoemaking and Asaba); in addition to two federal point in infrastructural development in the clusters across the state over three succes- Factory) in Issele-Uku, Aniocha North universities (Effurun and Okerenkoko), history of the multi-city state .This coupled sive years (cycles) spanning from 2015 to LGA. All the youths trained at the factory five private universities (Ogume, Ibusa, with the wide-ranging initiatives in job 2018. The involvement of these youths in were also given starter-packs. Kiagbodo, Oghara and Agbara-Otor) and and wealth creation especially among the agriculture soon turned them from job- Youth empowerment is high on Okowa’s two private polytechnics (Agbor and youths galvanised activities in the non-oil seekers to wealth creators and employers agenda as their engagement would Owa-Oyibu). All these are geared towards sectors. of labour. And this gave a fillip to a holistic engender peace in the state. To this effect, entrenching the total man concept of The resultant impact was a growth in improvement of the agriculture value chain. the government has initiated a lot of skills human capacity development. the size of the state’s economy beating The overall impact was that agriculture acquisition projects to get the youths Former President of the Senate, Dr. every odd and surpassing earlier projec- GDP rose from N432 billion in 2015 to meaningfully engaged. Programmes such Bukola Saraki in a foreword to a special tions despite a general cloudy economic N583 billion in 2019, an impressive leap as ICT-Youth Empowerment Programme publication on Okowa’s leadership wrote: environment that stymied economic growth of 35%. Officials of the state government (ICT-YEP), Rural Youth Skill Acquisition “Governor Okowa has stabilized the polity at the national level and in most states. said this growth could have been more but Programme (RYSA) have become veritable despite the daunting security challenges For instance, the state’s economy nosed for the massive flooding in 2018 and the vehicles for youth empowerment. that have enveloped the country through up from N2.96 trillion in 2015 to N4.47 scourge of insecurity visited on the state, To sustain the policy on youth empower- a combination of persuasive engagements trillion in 2019, amounting to a jump by especially farmers, during the period by ment, the Directorate of Youth Monitoring and job creation. All of these have resulted 51%. Analysts have rated the growth as armed herdsmen. and Mentoring (DYMM) was established in an impressive GDP spanning over five phenomenal especially taking cognisance Evidence of the impact of YAGEP on the in 2016 to monitor the training activities years that have witnessed a significant of the economic recession that whittled the economy is captured in the data released of agencies that have to do with job and growth (52.8%) of the non-oil sector as nation’s growth between 2015 and 2016. by the National Bureau of Statistics (NBS) wealth creation in the state. The fact against oil and gas (47.2%) in 2019. Services This impressive economic performance has which showed that the agricultural sector that Delta maintained first position con- accounted for 34%, Agriculture 13% and been attributed to innovative economic in the state grew at an annual average of secutively in the last three National Sports manufacturing 5.4%. Given the huge youth policies, institutionalisation of best practices 13.3% from 2015-2017, compared to 8.6% Festivals attests to an actively engaged population and growing unemployment, in governance and fiscal prudence. But from 2013-2015. The growth has remained youth population. his interventions in job and wealth creation much more as a result of the govern- on the ascendancy with every passing year. A youth leader and grassroots mobiliser have been complemented with 19 new ment’s deliberate push which created and Between 2015 and 2020, the government in Ubulu-Uku, Aniocha South local govern- technical colleges to provide a skills base expanded new frontiers in non-oil sectors. created over 100,000 direct jobs including ment area of the state, Mr. John Nwajei, and promote self-employment.” The deliberate investment in agriculture entrepreneurs and over one million indirect likened Okowa’s six years in office to six Former president, Chief Olusegun created a buffer for the state against the jobs arising from various interventions and decades. “Governor Okowa’s six years Obasanjo, Governors Udom Emmanuel, dwindling revenue from the federation infrastructural development in the state. looks like six decades to some of us who Samuel Ortom, Godwin Obaseki, Douye account. For a state steeped in subsistence Some of the MDAs that created direct jobs had been around in the state. What he Diri and other elite Nigerians have visited farming over the years, Okowa brought include Job and Wealth Creation Bureau, has achieved in six years is what would Delta at various times to commission a paradigm shift in agriculture with the Ministry of Youth Development, Ministry have taken some other leaders six decades projects across the state. It’s a mark of introduction of youth-focussed initiatives of Women Affairs, Ministry of Science to achieve. He built schools including productivity of the Okowa government. one of which is the Youth Agricultural and Technology, Girl Child Empowerment technical colleges as we used to know them Entrepreneurs Programme (YAGEP). It Office among others. of old; he built roads and bridges in both -Orere, Public Policy Analyst, wrote in was one of the programmes to actualize The governor’s focus on rural folks, urban and rural areas including riverine from Warri 22 THISDAY • TUESDAY JULY 20, 2021 ALAWYER WEEKLY PULLOUT 20.07.2021

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WILL THE PIB GUARANTEE A BETTER PETROLEUM INDUSTRY? IBA ARF Releases Comprehensive Guide to Safeguarding Personal Data for QUOTABLES Lawyers ‘And, those of us who have shed part of our blood and sweated for this country, PAGE 5 we did it because we wanted a country where every Nigerian can claim as his or her own…..’ - General Olusegun Obasanjo GCFR, former Military Head of State (1976-1979), former President, Federal Republic of Nigeria (1999-2007) Tech Explosion ‘…..If you look at some of the elections we have organised since 2020, you can at the NBA- see that we have uploaded the results of 22 elections…..We have the capacity and SBL Annual the will, to deploy the use of technology in the electoral process.’ - Festus Okoye, Conference Lawyer, INEC National Commissioner PAGE 5 and Chairman, Information and Voter Education Committee

NASS 2021 Electoral Amendment Bill: Betrayal of Peoples’ Trust PAGE 6-7 20.07.2021 /3

E-Transmission of Results and Senators’ Unclean Hands Justice for the ‘Queen’s College 3’ the Constitution. I concluded that, in such to determine which procedure would be Before I go into the word for today, I would a case, it is the Constitution, and not INEC adopted to run elections (and it paved the like to make a brief observation - we have that has rejected or disqualified the candidate, way for the previously prohibited electronic definitely not forgotten - it’s been about four and surely the time of the court should not voting). And rightfully so too, since Section 78 years since my fellow QC (Queen's College, Yaba, be wasted on such clear cut matters. INEC of the Constitution gives INEC the mandate to Lagos) Girls, Praise Sodipo, Vivian Osuniyi and should be able to weed out such obvious register voters and conduct elections subject to Bithia Itulua, lost their lives as a result of an non-starters from incipiency. its direction and supervision. In fact, Section epidemic in the school, caused by the grossly But, because Politicians are fond of taking 78 uses the word ‘shall’, meaning that conduct unhygienic and inhumane conditions that the their chances in court, doing forum shopping of elections (and everything pertaining thereto) QC Girls were forced to live in, where faeces to where they may find favour, this provision must be under the direction and supervision and other bacteria were the main contents of was not amended to, at least, include a proviso of INEC. The use of the word ‘shall’ in a the liquid that these young ladies were given that in a case where the failure to meet the statutory provision, imports that a thing must to consume as drinking water, and use for all criteria is as clear as a bell, such as the ANDP be done. See the case of Ugwu v Ararume other purposes - water that was not fit for candidates, or a baby or a Chinese or Haitian 2007 12 N.W.L.R. Part 1048 Page 367 human consumption. It’s looking like these person wanting to run for office here, INEC at 441-442 per Tobi JSC. three beautiful young girls, will not get the should be able to decline such applications that Yet another proposed amendment of Section justice they deserve. On the contrary, Dr Lami do not meet these clear and basic conditions 52 of the Electoral Act failed to sail through in Amodu, who was the Principal of my alma ab initio. 2018, when President Buhari declined to assent mater, QC, in 2017 when this ugly incident I must say that the debate on whether transmis- to the 2018 Amendment Bill. The proposed occurred, instead of facing criminal charges of sion of results should be done electronically or amendment of Section 52(2) of the EA provided Voluntary Manslaughter (amongst others) with manually, eliciting the claim by Senators that thus: "The Commission shall adopt electronic her cohorts, was spirited away and rewarded only about 50% or so of Nigeria has network voting in all elections or any other method of with the Principalship of another school far from coverage, confirms the poor state of Nigeria’s voting as may be determined by the Commission Lagos, and no one heard about the unfortunate infrastructural development, and how stagnant from time to time". Personally, I found the incident again. Unbelievable! we can be in terms of progress. Naturally, the wordings of this section a bit clumsy, for the The level of lack of accountability on the part blame for this cannot be laid solely at the simple reason that, by virtue of the definition of Nigerian public officials, with the connivance feet of this administration; it is the collective of the word 'shall' as highlighted above, it is “…..THE APC WANTS or enablement of Government, is past alarming, culpability of successive administrations. Succes- a contradiction to command that you must to say the least. Aside from the few who are sive Governments have simply failed to meet do something in a particular way, and in the unfortunate enough to be used as token scape the economic and social objectives set out in same breath, say you can do the same thing TO HAVE ROOM TO goats to show that Government is fightinge vil Sections 16 and 17 of the Constitution, required any other way that is determined by INEC. and corruption etc, the bulk of them are able to attain the requisite level of development See Ugwu v Ararume (Supra). The second MANIPULATE AND RIG to get away with murder, like Dr Amodu! To Nigeria should have achieved by now. part of the proposed amendment, seems to the best of my knowledge, Section 308 of the More importantly, the distrust of NASS and make nonsense out of the first part. 1999 Constitution of the Federal Republic of Politicians by most Nigerians, has been sealed However, I could see what the drafters of the THE ELECTIONS IN Nigeria (as amended)(the Constitution) only with cynicism (and rightfully so), as we can amendment were trying to do - make allowance grants immunity from suit and legal process see clearly that many of their decisions are for manual voting or some other means, maybe 2023 WITH THE USE OF to a selected few as stated therein, not every driven purely by self-interest. The way they in case of failure of the electronic process. This public official in Nigeria. Dr Lami Amodu manipulate the law and the system for their was the version that was again resubmitted and her cohorts, should be brought to justice. own gain, is sickening. Many are of the opinion for the EAMB 2021. The Senate Committee MANUAL TRANSMISSION that the polarisation of NASS on the issue of however, reverted to the 2015 version, but was Non-Confirmation of Lauretta Onochie the electronic transmission of results, has to more specific than the old version, by actually Last week, two incidents occupied the do with the fact that the APC wants to have stating that electronic voting may be used, OF RESULTS…..THE PDP front burner of events in Nigeria - the non- room to manipulate and rig the elections in but that transmission of results electronically confirmation of Lauretta Onochie as an INEC 2023 with the use of manual transmission of may be done where and when practicable. ARE DEAD SET AGAINST National Commissioner, and the rancorous results, especially since their popularity may be The act of then subjecting the decision as to passing of the Electoral Act Amendment Bill at an all-time low, while the PDP are dead set the practicability of electronic transmission of 2021 (EAMB) by the National Assembly (NASS). against manual transmission of results, because results to the NCC, a Government agency for MANUAL TRANSMISSION Why did the Senate ascribe their failure to they have used it for rigging purposes in the that matter, and NASS who are also running confirm Ms Onochie, to the Federal Character past, and can see what the APC is trying to in the elections, is not just preposterous, but OF RESULTS, BECAUSE provisions of Section 14(3) of the Constitution? achieve from 1000 miles away. What is that makes nonsense of INEC’s independence; Are we babies? When did Federal Character Nigerian proverb? About what an elder (PDP) as an independent body so empowered by begin to be a factor in making appointments can see sitting down on the ground, a child the Constitution, INEC cannot be subject to THEY HAVE USED IT FOR in this administration? If this is a ruse to cannot see even from the top of the tallest tree! these other bodies - it is independent; unless somehow re-present Ms Onochie again as a the Constitution is amended so to provide. candidate for INEC National Commissioner History of Section 52 of the Electoral Act It is trite that the grundnorm can only be RIGGING PURPOSES IN in the future, many Nigerians including my In 2018, aside from the issue of amending amended by means of its Section 9, and not humble self, repeat unequivocally that Ms Section 25 of the Electoral Act (EA) regarding by a statute, as the EAMB 2021 attempts to THE PAST…..” Onochie is partisan, and therefore, does not the sequence of the elections, which fell through do with this NCC/NASS inclusion into the satisfy the requirement of being unbiased in (another proposed amendment, again, borne electoral process. order to qualify to be a member of the electoral out of the self-interest of some who believed A community reading of all the amend- umpire. She also perjured herself at the Senate that they may not win in the elections if theirs ments to Section 52 of the EA, shows that Committee hearing. Such a person, is unfit took place after the the Presidential election - I they have never actually made electronic to hold such a delicate and crucial position. believe it was referred to as the ‘bandwagon voting in Nigeria mandatory, and this new See Third Schedule to the Constitution Part 1 effect’), we had a similar debate about amending version is no different. The EA has only moved F - INEC Section 14(2)(a) & 3(b) on partisanship Section 52 of the EA and electronic voting. In from outrightly prohibiting electronic voting and unquestionable integrity. the 2010 version of the EA, Section 52 strictly initially, to recognising it as a form of voting It is this type of behaviour by Legislators, plus prohibited the use of electronic voting machines. that may be used. their blatant self-centredness, over and above The 2015 amendment to Section 52 of the EA the needs of those they represent, that fuels the (done just before the end of President Goodluck Conclusion distrust and contempt which Nigerians feel for Jonathan’s tenure), permitted voting to be done Now, in 2021, six years after the door to many of them, and Politicians generally. This in accordance with the procedure determined electronic voting in our country’s electoral suspicion is what we have seen play out, in by INEC. This meant that it was up to INEC, process was opened, should we really still be the latest Nigerian political saga of electronic having arguments about insufficient network transmission of election results! to conduct elections? In any event, INEC has come out to debunk this claim, and affirm that connive to make sure that they malfunction Electoral Act Amendment Bill 2021 they are able to transmit results electronically on election day so that the manual process While I haven’t had a chance to peruse the from any part of the country, as they have done will be adopted instead, paving the way for EAMB, a cursory look at it showed that our so in at least 20 elections in the last couple of Politicians to influence and falsify the voters list self-serving Politicians failed to amend Section years. So, what is the need for this debate? and results to their own advantage. As if this 31 of the EA, which provides that INEC shall Credible elections, is one of the most crucial is not bad enough, lawmakers want to observe neither reject nor disqualify a candidate for any elements of democracy. Electronic voting the Constitution in the breach, by usurping reason whatsoever. Any Aspirant who wants and processes, are possibly the best way to INEC’s constitutionally provided role, by giving to challenge the documentation of another, deliver unimpeachable elections, especially in themselves the task of determining whether must go to court. environments like ours, where Politicians are results should be transmitted electronically or With the ANDP and the two underaged prone to election rigging and malpractice - it not! - an integral part of INEC’s mandate to candidates they presented in the last Bayelsa is difficult to rige lections using this method. organise and conduct elections. Could there Gubernatorial election, I used their case to To this end, Africa has embraced electronic be a better example of conflict of interest than illustrate how nonsensical this provision can processes in their voting systems; the question this? Lawmakers helping themselves, while be when the Constitution has a made a specific is, why should Nigeria lag behind? hurting our nascent democracy? Unlawful provision in a matter, and the candidate clearly Proponents of electronic transmission of Lawmakers. Tah! does not qualify; and the evidence of such results, say lack of network is just an excuse In my humble opinion, the EAMB 2021 is non-qualification of the candidate is included to leave room for manipulation of results. I not yet ready to be passed. It still requires fine in the documents submitted to INEC. In the watched a television interview of a former tuning. I have highlighted only two sections ANDP case, their candidates were less than staff of INEC. He said that the card read- therein - Sections 31 & 52, and it is obvious 35 years of age, contrary to Section 177(b) of Prof. Mahmood Yakubu, Chairman, INEC ers etc function rather well, but saboteurs that they still need to be worked on. 4/LAW REPORT Requirement of NYSC Certificate to hold Ministerial Position in Nigeria

Facts The Plaintiff, a citizen of the United Kingdom with Nigerian Court’s Judgement and Rationale descent, graduated from the University of East London, United Preceding the determination of the questions posed by the Kingdom at the age of 20 years. The Plaintiff worked in the Plaintiff, the court addressed the issue/stance of the Defendant United Kingdom until the year 2003, when she came to Nigeria that the Plaintiff did not establish a cause of action against the at the age of 36 years. She was appointed as a Commissioner Defendant. The court adjudged this as a jurisdictional issue for Finance in Ogun State, between the year 2011 and 2015. and addressed same first, eb fore delving into resolution of the Thereafter, she was appointed as the Minister of Finance in main questions/issues. His Lordship referred to the affidavit 2015, a position she occupied till 2018, when it was paraded in support of the Originating Summons and decided that in the public space that she did not participate in the National though the Defendant was not responsible for the resignation Youth Service Corps (NYSC) Scheme, and as such, not eligible to of the Plaintiff as a Minister, nonetheless, the issues before hold an office as a Minister of the Federal Republic of Nigeria. the court are constitutional in nature, and the court should This rumour remained unabated, and the Plaintiff resigned not shy away from finding solutions to constitutional ques- from her office as the Minister of Finance. Nonetheless, the tions within the Constitution itself and any other subsidiary Plaintiff’s career was impaired by the insinuations regarding her legislation. The Plaintiff has a constitutional and legal right to failure to participate in the NYSC Scheme, and this consistently approach the court, and where there is no remedy provided put her at disadvantageous positions both within and outside either in common law or statute, the courts have been urged the country. Hence, she instituted the present action by way to create one – OMOYINMIN v OGUNJI (2008) 3 NWLR of Originating Summons, inviting the Honourable Court for a (Pt. 1075) 471. It is the law that the proper person to be made determination of some questions. She also sought various reliefs a party/Defendant in cases relating to the interpretation of from the court, including a Declaration that the Plaintiff, being the Constitution, is the Defendant herein. Though the Plaintiff a United Kingdom Citizen in 1989 when she graduated from voluntarily resigned her appointment as Minister, her action the University of East London, United Kingdom at the age of does not prevent her from asking the court to determine the 22 years, was ineligible to participate in the NYSC scheme, questions posed in the instant case, and joining the Attorney- established by the National Youth Service Corps Act, (NYSC General as a Defendant in the suit. Act) Cap N84, Laws of the Federation of Nigeria (LFN), 2004. Going to the main issues/questions before the court, His Lordship reiterated the trite decision of courts, that where Issues for Determination Honourable Taiwo O. Taiwo, J the words of the Constitution or statute are plain, clear and unambiguous, they must be give their plain, ordinary meanings The following questions were posed for determination of the as there is nothing to interpret – A-G BENDEL STATE v court: A-G FEDERATION (1981) 10 SC. 1. In the Federal High Court of Nigeria Sections 106 and 107, 192(4); 192(4), 177 and 182; 65 and 66; 1.Having regard to the combined provisions of Sections 106 In the Abuja Judicial Division 147(5); 131 and 137 of the Constitution, prescribe the quali- and 107; 192(4); 177 and 182; 65 and 66; 147(5); and 131 and 137 Holden at Abuja fications for members of the House of Assembly of a State; of the Constitution of the Federal Republic of Nigeria, 1999 (as Commissioner in a State; Governor, member of the National amended), which respectively prescribe the qualifications and On Wednesday, the 7th day of July, 2021 Assembly, Minister, Federal Executive Council and the President disqualifications for the offices of a member of the House of of the Federal Republic of Nigeria. There is nowhere in the Assembly of a State; a Commissioner in the State Executive Before Their Lordships Constitution where any Nigerian, including the Plaintiff, is Council; Governor of a State; member of the National Assembly; Taiwo O. Taiwo disqualified from holding office by reason of non-participation Minister in the Federal Executive Council; and the President of Judge, Federal High Court in the NYSC scheme. The Constitution is supreme, and any the Federal Republic of Nigeria, whether any Nigerian citizen is Suit No. FHC/ABJ/CR/303/2021 law which provisions is inconsistent with the Constitution, otherwise disqualified from holding any of the offices afore-listed is void, while the Constitution prevails. By Section 147(5) of by reason of not participating in the National Youth Service Between the Constitution, a person becomes eligible to be appointed a scheme, established by the NYSC Act. Minister in Nigeria, if he is qualified for election as a member Folakemi Adeosun Plaintiff of the House of Representatives. Sections 65 and 66 relate to 2. Considering the clear provisions of Sections 200(1)(a) and And the yardstick for qualification as em mber of the House of 156(1)(a) of the Constitution which stipulate the qualifications Representatives, and participation in the NYSC scheme is not membership of State Executive Bodies and Federal Executive Attorney-General of the Federation Defendant one of the listed grounds. Bodies respectively, whether any Nigerian citizen is disqualified In this case, the Plaintiff was born in the United Kingdom from holding offices as a member or Chairman of any of the (Judgement delivered by Honourable Taiwo O. Taiwo, J.) and became citizen of the United Kingdom. Her education, up said bodies by reason of non-participation in the NYSC scheme, to university level, was also obtained in the United Kingdom, established by the NYSC Act. until she graduated in 1989 at the age of 22. If she was a citizen of Nigeria when she graduated at the age of 22, she would have 3. Upon the combined reading of the provisions of Section been eligible to participate in the NYSC scheme upon her return 26 of the Constitution of the Federal Republic of Nigeria, 1979 to the country. However, by the time she moved to Nigeria in (being the one in force in 1989), Sections 25 and 36(8) of the the year 2003, she was already 36 years old, and not eligible to 1999 Constitution; and Section 6(1)(b) and (c) of the NYSC Act, participate in the NYSC scheme. To do otherwise, would have whether the Plaintiff, being a citizen of the United Kingdom been a criminal offence. Nonetheless, the Plaintiff falls into the as at 1989, was not ineligible to participate in the NYSC Corp category of persons entitled to an exemption certificate upon (as at 1989), when she graduated from the University of East London, London, United Kingdom at the age of 22 years. restoration of her Nigerian citizenship by the 1999 Constitution, by which time she was already 30 years old. Further, the Plaintiff Given the questions above, the Defendant raised a sole issue had also been self employed, and needed not to produce any thus: certificate to an employer. Regarding the provisions of Section 26 of the 1979 Constitution Whether the Plaintiff is entitled to the reliefs sought against (which was the applicable law at the relevant time when the the Defendant. Plaintiff graduated), she was not a citizen of Nigeria at the time, and was not eligible to participate in the NYSC scheme. Arguments The referenced Section 26 of the 1979 Constitution has been In support of the application before the court, counsel for the repealed by Section 25(1)(c) of the 1999 Constitution, which Plaintiff contended that there is nothing in any of the referenced provision restored the Nigerian citizenship of the Plaintiff. provisions of the 1999 Constitution which requires or mandates However, at the time the 1999 Constitution became operational, compulsory participation in the NYSC scheme, and obtaining a the Plaintiff was not eligible to participate in the NYSC scheme, discharge certificate. Counsel reasoned that it is a constitutional as she was well over the required age for participation. More misconception to conclude that the Plaintiff, who was born so, NYSC discharge certificate is not a mandatory requirement in the United Kingdom in 1967 and retains the citizenship for qualification to contest, or be a member of the House of of the United Kingdom as required in Section 28 of the 1979 “REGARDING THE PROVISIONS Representatives. constitution, and the fact that the Plaintiff lost her Nigerian While the court observed that the reliefs sought by the Plaintiff citizenship immediately she attained the age of 21 years. By this OF SECTION 26 OF THE 1979 were declaratory in nature, and that the Plaintiff must prove her fact, the Plaintiff lost the right and resultant liability accruing to entitlement to the declaratory reliefs sought, the court held that a Nigerian citizen, including the right to vote and be voted for. from the evidence before it, there was nothing to show that the Conversely, the Defendant argued through his counsel that CONSTITUTION (WHICH WAS Plaintiff had not proved her entitlement to the reliefs sought. any graduate in employment in Nigeria is expected to have His Lordship stated that, to deny the Plaintiff the reliefs will provided his employer in Nigeria with a discharge/exemp- THE APPLICABLE LAW AT THE not do justice to her and her reasons for approaching the court. tion certificate prior to obtaining the job as obligated by the Thus, the court granted all the reliefs sought by the Plaintiff. provisions of Section 12 of the NYSC Act. Counsel submitted RELEVANT TIME WHEN THE further that by the provisions of Section 147(5) and 192(4) of Claim Succeeds. the 1999 Constitution, the minimum qualification er quired for a Commissioner/Minister of the Federal Republic of Nigeria, PLAINTIFF GRADUATED), SHE WAS Representation is school leaving certificate. He posited that the provisions of Chief Wole Olanipekun, SAN with Emeka Ananyi for the Plaintiff. the Constitution takes precedent over that of the NYSC Act, NOT A CITIZEN OF NIGERIA AT THE and that despite the fact that the Plaintiff is a graduate, there T.A. Gazali, SAN for the Defendant. is no constitutional requirement for her to present her first TIME, AND WAS NOT ELIGIBLE degree certificate or any other certificate, including the NYSC Reliefs in the claim Granted. certificate, to be appointed as a Minister. Counsel submitted that the ministerial appointment of the Plaintiff was neither TO PARTICIPATE IN THE NYSC Reported by Optimum Publishers Limited, Publishers of illegal nor unconstitutional, even without presenting the NYSC the Nigerian Monthly Law Report (NMLR)(An affiliate certificate. SCHEME” of Babalakin & Co.) 20.07.2021 NEWS/5 IBA ARF Releases Comprehensive Guide to Safeguarding Personal Data for Lawyers

The African Regional legal practitioners in Africa best practice guidelines • Data Protection in Forum of the Interna- regarding compliance with and data laws already Africa; tional Bar Association these directives, Africa’s adopted in African nations, • Data Protection prin- (IBA ARF), has released data protection regulators and provides advice on ciples; a comprehensive guide on have echoed the call of how to manage personal • Common Exemptions; data protection and privacy their opposite numbers data within a law firm, as • Individual Rights; laws for legal practitioners in Europe. well as easy-to-implement •Data Controller/Data on the African continent. The IBA ARF’s new sustainable protocols and Processor Obligations; The IBA ARF Data Pro- guide, is to provide vital controls that adhere to •Regulator Powers; and tection/Privacy Guide for support for practitioners privacy laws. Chapters •How the GDPR affects Lawyers in Africa, has been navigating the complex include: your practice developed in the context and changing world of of a newly implemented data protection law. Com- European Union data prehensive and practical in Court Orders EFCC to Seize protection law, which sets design, the guide will aid out stringent rules for the Lawyers in advising clients Nora Johnson’s Assets and ensuring compliance collection and processing A Federal High Court, Hon. of personal information by their practices, with Justice A. Lewis Allagoa of from individuals who the fast-evolving and Lagos Division, has ordered live in the EU. IBA President, Sternford Moyo increasingly expansive the Economic & Financial Titled ‘General Data Pro- areas of data protection Crimes Commission ( EFCC) tection Regulation’ (GDPR), their counterparts across for the data processed on and privacy laws. to take possession of all property owned by Ms Nora it has led to data control- Africa to implement simi- their behalf. Despite little The new guide has Johnson. lers in Europe calling for larly rigorous standards or no guidance given to drawn on international The anti-graft agency had received a petition over some infractions allegedly committed by Ms. Johnson Tech Explosion at the NBA-SBL Annual Conference in her former office. It was learnt that Ms. Johnson •As Organisers leveraged use of “silent disco” technology to buttress theme was accused of over-invoicing Nora Johnson Technological advancement Conference was deliberate and approach that allowed the on purchase of vehicles, has completely transformed participants to switch between inflating air ticket fares and strategic. The hybrid nature of court. the way law is practiced across the Conference also foretells a sessions, simply by adjusting more, and the amount in local and foreign currencies were In his judgement, after hear- the globe, and discussions new and exciting beginning, a button on their headset. ing J.O. Adeyemi Counsel for continue to centre on how demonstrating new possibili- Another first was the in excess of N1 billion. This then prompted the interim the Applicant/Respondent and much more legal practice ties that are available when Whova app, which enabled V.C. Nwokafor Counsel for the can benefit from technology. participants from anywhere forfeiture of some properties society embraces innovation, and bank accounts on the 1st, 2nd and 6th Respondent/ Increasingly, there are talks he said. in the world to navigate the order of Justice A.M. Liman on Applicants, Justice Allagoa about the introduction and use “On the one hand, it allows event agenda and logistics, February 16, 2021, following ordered that the motion of of artificial intelligence in legal us to enjoy the best of both even without Wi-Fi or data; an application on behalf of Ms. Johnson and the other practice, especially in legal worlds – getting back the ir- access useful information like the Federal Government of Respondents dated March 12, research, which is expected replaceable value of good old ridesharing and local attrac- Nigeria by the EFCC. 2021, is “hereby set aside”. to further improve the speed, human contact, and joining in tions through the Community However, on March 21, The judgement delivered accuracy and quality of legal on the refreshing excitement Board; network effectively (plan 2021, Ms Johnson and the on July 15, 2021 stated research, as well as help legal of borderless interactions. On whom to meet by exploring at- other Respondents in the further: “That the order of practitioners better advice their the other hand, this Conference tendee profiles and sending out suit: Babajide Aremu Johnson, Justice Liman stands in all clients, draft documents or messages), and participate in Olabose Ibrahim Falobi, Steve its ramifications”, and “That NBA-SBL Chairman, Ayuli gives us an updated picture of handle cases. what business rooms increas- event activities through session Nnamdi Izebu, Steve Ibem the Economic and Financial Jemide In a 2019 Forbes article, ingly look like”, he said. likes, comments, ratings, live and Bakoliza Limited, went Crimes Commission (EFCC) “Will A.I. Put Lawyers Out of enabled person can travel to; For the first time, the polling, tweeting, and more. to court to suspend or stay are entitled to take possession of all that property subject Business?”, for instance, Neil a world made faster, smarter, breakout sessions held in a Other topics were “Technol- execution on Justice Liman’s yet smaller by the transcen- order. of the Order of my Lord Sahota quoted Tom Girardi, silent mode. The about 300 ogy and International Arbitra- A.M. Liman on 16th day of renowned civil litigator, as dental changes induced by attendees at Harbour Point tion”, “Techpreneurs: Building They had sought an order to Technology. discharge the interim order February, 2021”. saying, “It may even be were connected to the three Nigeria’s Talent Pipeline”, and Ms Johnson then released considered legal malpractice Further buttressing this, breakout sessions (a total of “Technology and the Future of forfeiture of assets, an order discharging the final a video which went viral, not to use AI one day. It would NBA President, Olumide six topics), using headsets of Elections in Nigeria: where she was seen wail- Akpata, said that the Confer- forfeiture, and any other be analogous to a Lawyer in provided by the organisers. E-Voting, Mail Voting; Are orders as deemed fit by the ing, gnashing her teeth, the late twentieth century still ence theme was “as topical as It was a highly innovative we ready?”. and making wild allegations doing everything by hand, it is critical, especially in the against her former employers. when this person could use context of the extraordinary Those who are aware of this a computer”. times which the legal profes- Human Rights Activist, Chidi Odinkalu unfortunate incident, believe At the 15th Annual Business sion and indeed, the Nigerian that Ms Johnson’s display Law Conference of the Nige- society have faced in the past Joins The Fletcher School in the video was simply rian Bar Association Section 18 months”. The Fletcher School has an- a calculated, underhand He said the choice of the human rights before national on Business Law (NBA-SBL) nounced the appointment of and regional courts, as well as attempt to blackmail her which held at the Harbour topic erases any lingering International Human Rights law former employers and garner doubts about “the continuing in transnational contexts. Point, Victoria Island, Lagos, expert, Chidi Anselm Odinkalu, From 2011 to 2015, he chaired sympathy for herself in the the physical venue of the relevance of the NBA-SBL PhD, to a Professor of Practice Nigeria’s National Human Rights court of public opinion, on Conference on Wednesday and to the overall attainment of Faculty position. Commission, the country’s lead account of her melodramatic Thursday, one was left without the aims and objective of The School, in a statement, said institution for the protection of display which was nothing a doubt that the organisers are the NBA, as outlined in the Chidi Odinkalu’s position is for human rights, and promotion more than a last ditch attempt fully abreast of technological 2015 NBA Constitution(as a three-year term beginning in of human rights policy. He also to escape liability, and prevent advances, and the challenges amended)”. the Fall of 2021. worked within human rights the Federal Government from and opportunities they present He will join Fletcher’s multi- philanthropy. taking possession of her assets to legal practice. It was a Conference of disciplinary Faculty focused on For 10 years prior, he was purportedly acquired from the The theme of the two-day Many Firsts preparing tomorrow’s leaders involved in drafting the Protocol proceeds of fraud perpetrated Conference, “Re-tooling Busi- First, the Conference to use the latest legal, political, for the African Court on Human against her former office, as nesses for Change: Leveraging took a hybrid form, with economic, and business thinking and Peoples’ Rights through to was ordered by the court. the Tech Explosion”, was virtual and on-site content to generate policies and inform Chidi Anselm Odinkalu adoption by the Organisation of EFCC sources say her fellow clearly not accidental. The to ensure maximum reach, decisions that shape global events. African Unity (OAU), in Ouaga- conspirators have refunded “Chidi Odinkalu is a renowned Chairman of the NBA-SBL, which, according to Adeleke mission and core values”, she dougou, Burkina Faso in 1998. In over N400 million of the human rights activist with a money allegedly misappropri- Ayuli Jemide, said that much Alex-Adedipe, Chairman, added. “We are delighted to 2004, he led the advocacy effort Conference Planning Com- distinguished record of public welcome him to the Fletcher for its entry into force, with the ated, proof of a prima facie in his welcome remarks on service, who has spent more case against her. Wednesday when he committee, “is a testament to community.” creation of the Coalition for the than three decades working at Odinkalu’s background reflects African Court on Human and Discerning members of mented how technology marches the front line of human rights us forward”. an extensive record of research, Peoples’ Rights. the public are therefore, “The theme of this year’s law and research, development publishing and teaching in the wondering why she won’t Conference has a call to ac- But, unlike the 14th Annual For more than three years, until advocacy, international institutional areas of human rights, develop- 1993, Odinkalu was head of legal prove her innocence in court, tion - Leveraging the Tech Conference in 2020 which law and governmental policy”, if indeed, she believes there took a virtual format as a ment law and public policy services for the Civil Liberties Explosion - which is a clarion remarked Kelly Sims Gallagher, throughout Africa, Europe and Organisation in Lagos, where is no case against her, or that call to Business Lawyers and stop-gap arrangement in Academic Dean at The Fletcher the US. Most recently, he was she is being witch-hunted. keeping with the Covid-19 he was responsible for litigation, the business community to School. part of a three-member team advocacy and constituent building However, Ms Nora Johnson get in the tech craft, fasten health and safety protocols, “His profound contributions that mediated the readmission strategies, as well as managing has since recanted that she our seatbelts and enjoy the Alex-Adedipe said the choice to the advancement of human of The Gambia into the Com- relationships with the military and co-conspirators, have ride to places that only a tech of a hybrid form for the 15th rights, intersect with Fletcher’s monwealth, where he litigated Government and its institutions. repaid some funds. 6/ 20.07.2021 NASS 2021 Electoral Amendment Bill: Betrayal of Peoples’ Trust This article by Jide Ojo gives an overview of the Electoral history and laws in Nigeria since 1923, and more importantly, a critique of the controversial Section 52(2) of the Electoral Act Amendment Bill 2021 passed by both Chambers of the National Assembly last week, concluding that the proviso that the transmission of election results by INEC should be subject to the clearance of NCC and NASS is unconstitutional, and therefore, null and void Introduction Periodic election, is one of the cardinal principles of democracy. Nigeria’s electoral journey started in 1923, after the coming into force of Clifford Constitution of 1922. In the 98 years of Nigeria’s electoral history, many negative adjectives such as fraudulent, violent, and expensive, have been used to describe the country’s polls. Yet, it is only through elections, that political leaders are expected to emerge in a democracy. Recall that it was a rigged 1964 /1965 General Election, that led to the first military coup of January 15, 1966. After the return to civil rule 13 years after, that is, in 1979, the Second Republic was short-lived, as the military shot itself back to power on December 31, 1983 citing rigged elections in Ondo, Oyo and some other parts of the country, and also due to corruption by the political class. In order to organise, undertake and supervise National Assembly Complex all elections in Nigeria, the 1999 Constitution of the Federal Republic of Nigeria established two to order the sequence of election for INEC. The grants to political parties. Justice Abimbola Augie electoral management bodies (EMBs). The first was Commission went to court, and the court agreed of the Federal High Court in December 2006, ruled the Independent National Electoral Commission and struck out that section, saying that NASS has that that section of the Electoral Act 2006 was at which was established by Section 153(f) and States no such power to order sequence of elections for variance with provision of Section 228(c) of the Independent Electoral Commissions established by INEC. Constitution, which stipulated fair and equitable Section 197(1)(b) of the Constitution. Having birthed The 2006 Electoral Act, also had its own con- sharing of grants meant for political parties. these EMBs, the grundnorm also prescribed roles troversial section. Conference of Nigeria’s Political INEC has conducted three General Elections, and functions of these bodies, as well as the laws Parties, went to court to challenge the sharing of using the Electoral Act 2010. These are the 2011, guiding their operations. While some of the laws 2015 and 2019 General Elections. While the Act guiding operations of INEC and SIECs are in the was amended in 2015, it was not signed into law Constitution, the bulk of the laws are either in the by President Goodluck Jonathan until very close Electoral Act for INEC and State electoral laws for to the elections of that year. In fact, as at the time the 36 State Independent Electoral Commissions. of the 2015 General Election, the amended 2010 These EMBs are also at liberty to come up with Electoral Act had not been gazetted. There was regulations, guidelines, codes and manuals, all in another attempt to amend the 2010 Electoral Act a bid to enable them conduct credible, free, fair in 2018, but the President, Muhammadu Buhari and successful elections. on four different occasions refused to assent to the Bills. INEC then had no choice, but to fall back Brief History of Nigeria Electoral Laws “…..MANY COMPATRIOTS FELT on the 2010 Electoral Act for the conduct of the The National Assembly (NASS), from time to time, 2019 General Election. However, it is important to has altered the Constitution and Electoral Act, in LET DOWN GIVEN THE PROVISO state that, the 8th National Assembly was able to order to enhance and improve the performance of successfully alter the 1999 Constitution for the fourth INEC in the onerous task of conducting national INSERTED IN CLAUSE 52(2) OF time. Among other election related amendments and State elections. While there have been four THE BILL PASSED BY THE SENATE, of 2018, was the Not-Too-Young-to-Run law, law alterations to the Constitution in the 22 years of giving INEC power to deregister political parties, this Fourth Republic which started in 1999, there WHICH SAYS THAT INEC MUST GET law extending time to conduct run-off Presidential have been four electoral Acts as well, with several CLEARANCE FROM THE NIGERIA elections from seven to 21 days. amendments. There was 2001 Electoral Act, 2002 Electoral Act, 2006 Electoral Act and 2010 Electoral COMMUNICATION COMMISSION (NCC), Current Attempt to Amend the Electoral Act Act. The 2001 Electoral Act was short-lived, due WHICH MUST ALSO BE APPROVED 2010 to certain controversial clauses contained therein. Given the 2018 failed attempt to amend the Elec- One of such was the National Assembly’s plan to BY THE NATIONAL ASSEMBLY toral Act 2010, the 9th National Assembly in 2019, make laws for the conduct of Local Government inaugurated a joint Committee on electoral reform elections, which was challenged by Attorney-General FOR ELECTRONIC TRANSMISSION made up of Senate Committee on INEC headed by of Abia State, and was ruled in favour of Abia State OF ELECTION RESULTS. THIS IS A Senator Kabir Gaya, and House of Representatives by the Supreme Court, that NASS has no power Committee on Electoral Matters, headed by Hon. to make laws for the conduct of LG elections. LANDMINE. A BOOBY-TRAP. IT IS Aisha Dukku. There was also a technical Committee The 2002 Electoral Act was then passed, and made up of the NASS Committee on Electoral used for the conduct of 2003 General Election. UNCONSTITUTIONAL, ULTRA VIRES, That too, contained an obnoxious section, trying NULL AND VOID….” cont'd on page 7 20.07.2021 /7 NASS 2021 Electoral Amendment Bill: Betrayal of Peoples’ Trust cont'd from page 6 “INDEED, WHAT THE

Reform, representative of INEC and representative of Office of Attorney-General, while the Policy and SENATE HAS TRIED TO DO Legal Advocacy Centre provided technical support to the Committee. It is worth mentioning that the IS SELF-SERVING, AND 9th National Assembly promised three times on when they would pass the electoral amendment Bill, and thrice they failed. They first pledged to FOR THEIR PERSONAL pass it in December 2020, they failed; they shifted to first quarter of 2021 and also failed to deliver; AGGRANDISEMENT” they then promised to pass the Bill before the end of the second quarter of 2021, they equally did not keep their promise. Meanwhile, I have it on good authority, that the report of the joint Committee on electoral reform was ready since March 2021. However, the Bill was not passed until Thursday, July 15 in the Senate, while the House of Representatives passed their own version on Friday, July 16, 2021. The controversial Clause 52(2) of the Electoral Act Amendment Bill, despite the promise of the 9th National Jide Ojo infringe on the constitutionally guaranteed discretion Assembly to pass the electoral reform Bill that of INEC to organise, undertake and supervise all Nigerians will be proud of, many compatriots elections in Section 15(a) of the Third Schedule of felt let down given the proviso inserted in Section the Constitution; second, that the amendment to 52(2) of the Bill passed by the Senate, which says allowing INEC to determine when, where and Section 138 of the Principal Act to delete two crucial that INEC must get clearance from the Nigeria how voting and transmission of results will be grounds upon which an election may be challenged Communication Commission (NCC), which must done. It stipulates thus: “Voting at an election by candidates, unduly limits the rights of candidates also be approved by the National Assembly for and transmission of results under this Bill, shall in elections to a free and fair electoral review process; electronic transmission of election results. This is be in accordance with the procedure determined third, that the amendment to Section 152 (3)-(5) of a landmine. A booby-trap. It is unconstitutional, by the Commission.” the Principal Act may raise constitutional issues, ultra vires, null and void. over the competence of the National Assembly to My view is very much in consonance with Conspiracy Theories and Questions legislate over Local Government elections. that expressed by the Governor of Sokoto State, The action of the Nigerian Senate, and by extension, As eloquently stated by the Governor of Sokoto Aminu Tambuwal, who is a former Speaker of the National Assembly on the Electoral Bill 2021, State, Aminu Bello Tambuwal, asking INEC to get House of Representatives, and also a Lawyer. He smacks of mischief and deliberate orchestration clearance from NCC and NASS before it can deploy said in a statement: “For the avoidance of doubt, of confusion. The question is being asked, as electronic transmission of result is Mala Fide and Section 78 of the Constitution provides that ‘The to why the National Assembly did not keep to unconstitutional, as it is against the provision of Registration of voters and the Conduct of elections its earlier promise of passing the Bill latest by Section 78 of the Constitution. It can be recalled that, shall be Subject to the Direction and Supervision the first or es cond quarter of 2021? Why did in 1979 in the Unongu v Aper Aku case which of Independent National Electoral Commission’. the Federal lawmakers wait till the last day on had to do with a provision of the Electoral Act 1978, “In the Third Schedule, Part 1, F, S.15: INEC has which they would proceed on their annual two which sought to fix time frames for the conduct of power to Organise, Undertake and Supervise all months’ vacation, before passing the Bill? Why elections by the defunct FEDECO, it was held by elections. The Constitution further provides that INEC did the two chambers not pass the same version the Supreme Court, that an electoral law cannot seek to prescribe to FEDECO how it could go Operations Shall Not be subject to the direction as agreed on, at the technical Committee level? about a mandate given to it by the Constitution. Of Anybody or Authority.” Unquestionably, the Which version of the two chambers will prevail Since then, that has been the position of the law. mode of election and transmission of results are when the Conference Committee is constituted This is the more reason that I have confidence that critical parts of the Conduct, Supervision, Under- to harmonise their positions on the two versions? the President will not sign the Electoral Bill 2021, taking and Organisation of elections in Nigeria. Will the President sign the Bill, if the Senate’s Of course, NASS has the power to flesh out the if the version passed by the Senate were to be the version is presented to him? version sent to him for assent. Should this be the legal framework, but that has to be consistent The truth is that, what played out in the National with the Constitution. case, we are then back to the 2018 situation where Assembly on the Electoral Bill is a well-rehearsed the President refused to assent to the Electoral Bill “These constitutional powers have been solely drama, meant to frustrate any electoral amendment on four different occasions. and Exclusively Prescribed By The Constitution ahead of 2023 General Election. The scenario that to INEC, and Cannot Be Shared With the NCC, is likely to play out is that, having passed this Bill Conclusion or any other Authority, and certainly not a body with the controversial Section 52(2), the Conference Nigerians were looking forward, to a more transpar- unknown to the Constitution. The Senate’s decision Committee may not be constituted until NASS ent and accountable 2023 election. However, with to subject INEC’s constitutional power to conduct resumes from vacation on September 14, 2021. By what just played out at the National Assembly elections to NCC, is consequently, patently VOID, that time, the President will be ready to present last week on the Electoral Bill, many citizens are unconstitutional and unlawful.” Appropriation Bill 2022 which will take the time likely to be disenchanted with the electoral process It beggars belief why the Senate also wants INEC of the Federal lawmakers, as they will want to and refuse to register to vote, and even if they did to come back to it for final approval, after getting pass it on time for the President to sign before register, they may not come out to vote or even clearance for electronic transmission of results from December 31, 2021, since we are now back to participate in the entire electoral process. Many NCC. It is noteworthy, that members of Parliament January to December budget cycle. Even if they Nigerian youths are of the opinion that electronic are Politicians who will be standing for elections squeeze time to pass the harmonised version before balloting and electronic transmission of results hold that INEC will be conducting. Indeed, what the the end of the year, the President may not sign. the key to solving the opaque and fraudulent collation Senate has tried to do is self-serving, and for their Recall that in 2018, after NASS passed the process. Unfortunately, they may have to wait for personal aggrandisement. I am of the considered Electoral Bill and sent it to President Buhari in a longer time, before that dream is realised. view that, the Senate should have passed the Bill February of that year, the President on March 3, the way House of Representatives did. 2018 vetoed the Bill, citing three grounds: The first Jide Ojo, Columnist, TV Show Host, Author, Recall that the House passed the controversial being that the amendment to the sequence of the Development Consultant and Public Affairs Section 52(2) of the Bill last Friday, July 16 by elections in Section 25 of the Principal Act may Analyst 8/COVER 20.07.2021 Will the PIB Guarantee a The Petroleum Industry Bill 2020, is unarguably the most controversial piece of legislation that Nigerian lawmakers have ever been challenged with. It was conceived and birthed in animosity. It has gone through several Assemblies, and sat comfortably as the oldest Bill in the National Assembly, until its eventual passage last week. Several versions had been bandied around, until it was eventually passed by both Chambers last week. Will President Buhari assent to the final version of this controversial legislation? How did the present crop of lawmakers manage to scale the ethnic, religious and political hurdles to pass the final document into law, especially as those from the oil producing areas still seem quite dissatisfied with they deal they got? Senate Spokesman, Senator Ajibola Basiru, delves into the highlights of the new law Background The oil and gas industry contributes less than 10% to the country’s gross domestic product, but it contributes about 90% of the foreign exchange earnings and 60% of total income. So, expectedly, any happening in the industry tends to have ripple effect on Government finances. The past efforts at reforming the industry have remained largely unfruitful, until the introduction of the Petroleum Industry Bill 2021 (PIB). The PIB started as an omnibus Bill, and was later divided into four separate Bills before emerging in 2020 as a consolidated Bill. Previous attempts at passing the PIB in 2009, 2012 and 2018 failed because of factors such as lack of ownership, misalignment of interests between the National Assembly and the Executive, perceived erosion of Ministerial powers, stiff opposition by the petroleum host communities, and push back by investors on the perceived uncompetitive provisions in those versions of the Bill. The PIB is not just an ordinary piece of legislation drafted to curry political Buhari Lawan Gbajabiamila Sylva marks, it is an outcome of deep research downstream sectors. The upstream sec- as Section 10 vests the Commission with and commendable industry. The Bill is tor is to be overseen by the Nigerian the power as the successor to the DPR realistic, fair and balanced, as Government Upstream Regulatory Commission (‘the and the Petroleum Inspectorate Division. has tried to strike a balance between Commission’), while the midstream and The PIB empowers the Commission immediate revenue demands, and the downstream sectors are to be under the to oversee commercial activities in the need to attract long-term investment for oversight of the Nigerian Midstream upstream, such as reviewing and approving the industry. and Downstream Petroleum Regulatory commercial aspects of field development According to the National Bureau of Authority (the ‘Authority’) with general plans, supervising costs and cost control Statistics, only $53.5 million or 0.55% of oversight powers over the petroleum in upstream petroleum operations, imple- total investment of $9.680 billion in Nigeria industry vested in the Minister of menting cutback orders by the Minister. in 2020, was made in the industry. If we Petroleum, whom the Commission To ensure that the desired promo- must achieve our ambition of 40 billion and Authority are required to report tion activities over frontier basins are barrels of oil in reserves and four million to. This remains unchanged, from the undertaken, the PIB proposes a Frontier barrels of oil per day, we need to attract previous governance regime under the Exploration Fund, to consist of 10% of new investments into the sector. The oil “….THE POWER Petroleum Act. rents on petroleum prospecting licences in the ground is of no use to the country A far-reaching change is in the power and petroleum mining leases. The vision if it cannot monetise it, therefore, the PIB HITHERTO HELD BY hitherto held by the Minister, of absolute to promote exploration activities in frontier must lead to a massive transformation of discretion and power to grant or revoke basins is seen by many as commendable, the industry, and succeed in attracting the THE MINISTER, OF oil licenses - this has been curtailed. In because they believe it will ensure long desired investment required to reposition the PIB 2021, the Commission is to term sustainability of the industry by the industry. ABSOLUTE DISCRETION recommend to the Minister, before the boosting the available reserves. Minister can exercise such powers. The The Commission is to be run by a Chapter 1 of the PIB PIB has generally vested considerable Governing Board, which is responsible Chapter 1 of the PIB 2021 vests the AND POWER TO powers in the Authority, or Commission. for its policy and general administration. property and ownership of petroleum The members of the Governing Board, within Nigeria and its territorial waters, GRANT OR REVOKE OIL The Commission which is to be headed by a non-executive continental shelf and Exclusive Economic Section 4 of the PIB establishes the Commissioner, are to be appointed by the Zone in the Federal Government of Nigeria, LICENSES - THIS HAS Commission to have primary regulatory President subject to the Senate’s confirma- and outlines the following objectives for powers and oversight over the technical, tion, however, the President solely has the the governance and administration of BEEN CURTAILED…. operational, and commercial activities of power to remove the members without the industry: • To create efficient and the upstream petroleum industry. The deferring to the Senate. The Commissioners effective governing institutions, with Commission will regulate all technical are to hold office for a term of five years, clear and separate roles for the petroleum THE COMMISSION activities in the upstream sector by enforc- which is renewable for a another five-year industry; • To establish a framework for ing, administering, and implementing all term. The confirmation of the members of the creation of a commercially-oriented IS TO RECOMMEND laws, regulations, national and interna- the Governing Board, enables the Senate and profit-driven national petroleum tional policies, standards, and practices to discharge its constitutional oversight company; • To promote transparency, relating to the sector. The Commission function. good governance, and accountability TO THE MINISTER, is also to enforce compliance with the The Commission will have six Execu- in the administration of the petroleum conditions of all leases, licenses, permits tive Commissioners for its operational resources of Nigeria; and • To foster BEFORE THE MINISTER and authorisations issued to companies management, although only two of the a business environment conducive for in the sector. Given that these powers Executive Commissioners (those for petroleum operations. CAN EXERCISE SUCH were exercised by the Department of Exploration and Acreage Management, The PIB segments the Nigerian petroleum Petroleum Resources (‘DPR’), the Commis- and Finance) are to be members of the industry into upstream, midstream and POWERS” sion will replace the DPR in that regard, Governing Board, along with the Chief 20.07.2021 COVER/9 Better Petroleum Industry? Executive Officer. The PIB requires that the salaries of the Commission’s employees “THE COMMISSION be benchmarked against the general standard in the petroleum industry, after HAS A REGULATORY consultation with the National Salaries, Incomes and Wages Commission. One of ROLE OF MONITORING the sources of funds to the Commission, will be from fees earned from services rendered to licensees. This is concerning, AND ENSURING given the reputation of Nigeria which is rife with incidences of rent seeking COMPLIANCE WITH THE by government officials, and issues of conflict of interest, as well. PIB, WITH RESPECT The Authority TO ENVIRONMENTAL Section 29 of the PIB establishes the Authority to have technical and commercial regulation of midstream and SUSTAINABILITY AND downstream petroleum operations, in the midstream and downstream segments ENVIRONMENTAL of the petroleum industry. The Author- ity’s functions include the regulation of DEGRADATION petroleum liquid operations, domestic natural gas operations and export natural THAT MAY RESULT gas operation, among other functions. The Authority is also empowered to issue FROM PETROLEUM regulations, in pursuance of its regulatory oversight powers. Interestingly, the PIB seems to suggest OPERATIONS OF that the sole power to grant, issue, modify, Senator Surajudeen Ajibola Basiru cancel, or terminate all licences, permits Petroleum and the Minister of Finance Petroleum Prospecting Licence LICENSEES AND and authorisations for midstream and are to determine which assets, interests, (equivalent to the current Oil Prospect- downstream petroleum operations, is and liabilities of the current statutory ing Licence): A Petroleum Prospecting LESSEES” vested in the Authority. This is a significant NNPC, are to be transferred to NNPC Licence (PPL) is granted for exploration departure from the previous regime, Ltd. Any other assets, interests and of Petroleum on an exclusive basis. A PPL whereby such powers were typically liabilities not transferred to NNPC Ltd for onshore and shallow water acreages vested in the Minister. will continue to be held by NNPC, until shall be for a duration of not more than The Authority is also to be run by a they are extinguished or transferred to six years, comprising an initial exploration Governing Board, which is responsible the Government upon which the NNPC period of three years and an optional for its policy and general administration. would cease to exist. extension period of three years. For deep for the capacity to rehabilitate and manage The members of the Governing Board, Section 58 indicates that the Board offshore and frontier acreages, it shall be negative impacts on the environment. which is to be headed by a non-executive of NNPC Ltd is to be constituted in for a duration of not more than 10 years, Furthermore, to be sure of the safety of Commissioner, are to be appointed by the accordance with the provisions of the comprising an initial exploration period people and the environment, the PIB President subject to the Senate’s confirma- Companies and Allied Matters Act of five years and an optional extension requires that the applicable permit and tion. Also worthy of note, is the 1% levy (‘CAMA’), and the company’s Articles of period of five years. approval is granted by the Commission to be imposed on the wholesale price of Association. The Government has taken a Petroleum Mining Lease (equivalent to upstream operators, before chemicals petroleum products in Nigeria. The stated bold step by incorporating NNPC Ltd as to the current Oil Mining Lease): A can be used for their operations. As a intention of the PIB is to move away from a CAMA entity; it should bite the bullet Petroleum Mining Lease (PML) is granted condition for the grant of a licence or regulated prices, to those determined by by freeing it up to run the same way that to qualified applicant to search for, win, lease and prior to the approval of the market forces. other private companies are run, albeit work, carry away and dispose of crude environmental management plan by the with interventions as its shareholder. oil, condensates and natural gas and shall Commission, a licensee or lessee is required Midstream Gas Infrastructure Fund Interestingly, Section 65 encourages be for a maximum period of 20 years to pay a prescribed financial contribution to an Environmental Remediation Fund Section 52 of the PIB establishes the NNPC Ltd and its joint venture partners and may be renewable for one or more established by the Commission, for the Midstream Gas Infrastructure Fund, to explore the use of incorporated joint additional period of not more than 20 rehabilitation or management of negative which is to be a body corporate with its venture companies, under the principles years each, subject to meeting specified enumerated under the Second Schedule conditions. environmental impacts with respect to the own Governing Council chaired by the to the PIB. The PIB prescribes that, where the licence or lease issued to such licensee Minister of Petroleum. The stated purpose Minister does not act upon the recom- or lessee. of the fund is to “make equity investments Functions of the Commission mendation of the Commission for the This is a notable feature of the PIB, of Government owned participating or The Commission is empowered to make award of licence within 90 days, the that is aimed at engendering a culture of shareholder interests, in infrastructure recommendations to the Minister, on approval shall be deemed as given. good environmental consideration practice related to midstream gas operations granting licences or leases to operating However, for Ministerial consent, it is that has been called to question in the aimed at – (a) increasing the domestic companies incorporated and validly 60 days. These provisions will greatly sector. It may also help to deal with the consumption of Natural Gas in Nigeria existing in Nigeria under the Companies help, in enhancing transparency. perennial issue of oil spillage in the Niger in projects which are financed in part by and Allied Matters Act. The Commis- The Commission has a regulatory role Delta, because of petroleum operations. private investment; and (b) encouraging sion has the responsibility of receiving of monitoring and ensuring compliance private investment. application for licences and leases, and with the PIB, with respect to environmental Gas Flaring The major source of funding for the making necessary technical and commercial sustainability and environmental degra- Gas flaring is one of the age-long ills Midstream Gas Infrastructure Fund is a 1% appraisals that will form the basis of its dation that may result from petroleum that has plagued the Nigerian Oil and levy on the wholesale price of petroleum recommendation to the Minister on the operations of licensees and lessees. A Gas sector. The PIB has upheld the products sold in Nigeria, and natural gas grating of licence/lease to respective licensee or lessee, who engages in upstream prohibition of gas flaring,e xcept for a produced and sold. applicants. petroleum operations, is required by the few circumstances in which there is no The form of the major licences/leases to Commission to submit for approval, an other reasonable option than to flare gas. NNPC Limited be issued for upstream operations are: - environmental management plan in respect According to the PIB, a licensee or lessee Section 53 directs that the Minister, within Petroleum Exploration Licence of projects which require environmental shall pay a penalty prescribed pursuant six months of the PIB’s commencement, (equivalent to the current Oil Explora- impact assessment within one year of the to the Flare Gas (Prevention of Waste incorporate a Nigerian National Petroleum tion Licence): A Petroleum Exploration effective date of the PIB, or six months and Pollution) Regulations 2018. The Company Limited at the Corporate Af- Licence (PEL) is granted for exploration after the grant of the applicable Licence only recognised few instances where gas fairs Commission (‘CAC’). The shares are of petroleum on a speculative and non- or Lease. The Commission gives its ap- flaring may eb allowed by the PIB are as to be held by the Ministry of Finance exclusive basis and shall be for three years proval of such plan, provided it follows follows: i. in the case of an emergency ii. Incorporated, on behalf of the Government. and may be renewable for additional regulations issued under the Act, and the pursuant to an exemption granted by the The PIB provides that the Minister of period of three years. applicant has the capacity or has provided cont'd on page 10 10/COVER 20.07.2021 Will the PIB Guarantee a Better Petroleum Industry? cont'd from page 9 Commission. iii. as an acceptable safety practice under established regulations. As part of the efforts to manage the flaring of gas, the Commission requires upstream operators that produce natural gas to submit, within 12 months of the effective date of the PIB, a natural gas flare elimination and monetisation plan to the Commission. This is expected to be prepared, in accordance with regulations made by the Commission under the PIB.

Supply to the Domestic Market In line with the principles of free market and healthy competition, the PIB provides that the supply of crude oil and condensates for the domestic market, shall generally be on a willing supplier and willing buyer basis. However, to manage national exigencies and in the interest of the Nigerian people, the Commission is empowered to issue regulations or guidelines on the mechanism for setting domestic crude oil supply obligation for lessees in the upstream petroleum operations. This power is exercised where, in the opinion of the Commission, the domestic market results the Nigerian Oil and Gas Industry. to licensing matters. requirements of the relevant chapters of in shortages or inadequate supplies of The notable administrative areas of Tariff: The Authority has the power to the PIB, the Authority is empowered to crude oil and condensates for holders of influence by the Authority are as follows: use Regulations to determine the pricing state its intention to issue a “cease and crude oil refining licences. The Commis- Licence Application: The Authority framework for transportation, distribution, desist” order to curb the unwanted actions sion liaises with the Nigerian Midstream is responsible for granting, renewing, and processing of petroleum. The PIB of the operator. There is a penalty of a and Downstream Petroleum Regulatory modifying and extending licences and requires that tariffs be determined in maximum of 10% of the annual turnover Authority (the “Authority”), to ascertain permits to operators, in the midstream US dollars, but may be paid in Naira, of the operator, that fails to comply with the crude oil requirements of refineries and downstream sector. Where the licence where the applicable exchange rate shall the provisions of the “cease and desist” in operation. This is a mediation role of relates to the operation of a refinery, this be based on the Securities and Exchange order. the Commission, to ensure that the local is issued by the Minister on recommenda- Commission over-the-counter market rate The Commission and Authority are market is adequately supplied to the extent tion by the Authority. In performing this or any successor rate. The prices should required to consult with stakeholders, possible for the benefit of the Nigerian role and making relevant decisions, the be cost reflective, and should allow for such as licensees, permit holders and people, in line with the objectives of the Authority is saddled with the responsibility reasonable return for the operators. The lessees, prior to finalising any er gulations PIB. of considering commercial, technical, and Authority, prior to establishing a tariff or amendments to regulations. This may In order to establish an orderly, fair and environmental factors, among others. The methodology, is required to initiate and not be the case in instances of exigencies. competitive commercial environment within Authority is empowered to make and conduct a stakeholders’ consultation with A regulation made shall be valid for not the petroleum industry, the Commission, enforce regulations and guidelines that applicants, operators, consumers, prospec- more than one year with effect from its working hand in hand with the Nigerian will help it discharge its duties in relation tive customers, consumers associations, commencement date, except it is confirmed Midstream and Downstream Petroleum associations of prospective customers following a stakeholders’ consultation. Regulatory Authority, is responsible for and any other persons with interest in determining, monitoring and ensuring that the subject-matter of the proposed tariff Provisions for Decommissioned and the volume of natural gas that is expected methodology. Abandoned Wells to be supplied by lessees to strategic sectors The PIB requires a holder of a subsisting The PIB requires that necessary and and aggregators, is achieved. The Commis- lease, licence or permit, who is engaged adequate provisions be made for the sion will manage this through an allocation in activities in midstream or downstream decommissioning and abandonment of system among lessees, as determined by gas operations prior to the effective date of onshore and offshore petroleum wells, installations, structures, utilities, plants the Commission upon consultation with the “…… THE AUTHORITY the PIB, to apply to the Authority within Authority with consideration of supporting 24 months from the effective date of the and pipelines for petroleum operations and shall be conducted in accordance with infrastructure availability. Lessees who fail IS TO, AMONG OTHER PIB for the appropriate licence or permit, to comply with the domestic gas delivery as applicable. To properly administer international best practice and guidelines by the Commission or the Authority. This obligation placed on them by the PIB, shall RESPONSIBILITIES, gas operations in the sector, the PIB incur a penalty of US$3.50 per MMBtu provides that the Authority can issue exercise shall take place with the approval of the Commission or the Authority, as not delivered, subject to the penalty for CURB MONOPOLY special guidelines and regulations as failure to deliver, as may be stated in any may be deemed necessary. The Authority applicable. The PIB requires that each lessee and licensee shall set up and maintain gas purchase and sale agreement between AND RESTRICTIVE performs the customer-protection function, a lessee and a wholesale supplier of the by issuing regulations that require oil and a decommissioning and abandonment fund, which shall be held by a financial strategic sectors. The penalty amount may be MARKET PRACTICES gas product distributors and suppliers adjusted as the Commission may prescribe, to: i. publish their terms of supply or institution that is not an affiliate of the lessee or licensee. The fund so set up, in a Regulation made under the PIB. The OF “POWERFUL” distribution including tariffs; and ii. facilitate penalty does not apply in the following the establishment of a forum at which will be used for abandonment and decommissioning purposes. Where the circumstances: i. force majeure ii. the in- customers can express their views and OPERATORS, DIAGNOSE licensee or the lessee fails to comply with ability of a purchaser to accept allocated raise concerns, among others. The PIB the abandonment plan, the Commission natural gas volumes iii. the inability to provides that the Authority shall, prior AND FORESTALL or the Authority will access the fund for transport the allocated natural gas for to the 1st day of March of each calendar this purpose. Operators are required to reasons beyond the control of the lessee; year, determine the domestic gas demand ALL TENDENCIES OF make periodic payments, as may be or iv. the failure of a purchaser to pay for requirement and inform the Commission determined from time to time, into the allocated natural gas volumes. Apart from of this requirement. BARRIERS TO MARKET fund. A licensee or lessee is required to the penalty for non-compliance, the PIB One of the overarching objectives of the inform the Commission or Authority, as has made compliance with the domestic PIB, is to engender a competitive market ENTRY. THIS WILL CREATE the case may be, of the establishment of gas delivery obligation, a condition for devoid of customer exploitation. Subject to its decommissioning and abandonment approval of the supply of natural gas for the provisions of the Federal Competition AND ENCOURAGE fund not more than three months from export projects by lessees. and Consumer Protection Act, the Authority is to, among other responsibilities, curb the date of commencement of production AN ENVIRONMENT for upstream petroleum operations, or Functions of the Authority monopoly and restrictive market practices the commissioning of the facilities for The Nigerian Midstream and Downstream of “powerful” operators, diagnose and CONDUCIVE FOR midstream petroleum operations; and Petroleum Regulatory Authority (the forestall all tendencies of barrier to market furnish the Commission or Authority, as “Authority”) shall be responsible for the entry. This will create and encourage FOREIGN DIRECT the case may be, on an annual basis with management and administration of the an environment, conducive for foreign statements of accounts with respect to its midstream and the downstream sector of direct investments. Where an operator INVESTMENTS” is engaged in acts that contravene the cont'd on page 11 20.07.2021 COVER /11 Will the PIB Guarantee a Better Petroleum Industry? cont'd from page 10 decommissioning and abandonment fund. “CHAPTER 3 OF THE The PIB provides that, from the effective date, contributions to the decommissioning BILL INTRODUCES and abandonment fund are eligible for cost recovery and shall be tax deductible, if THE PETROLEUM decommissioning and abandonment costs disbursed from the decommissioning and HOST COMMUNITY abandonment fund shall not be eligible for cost recovery or deductible for tax DEVELOPMENT purposes. Where there is excess in the decommissioning and abandonment fund (PHCD) WHICH HAS after the decommissioning and abandonment has been carried out and approved THE FOLLOWING by the Commission or the Authority, the excess will be available for consideration OBJECTIVES: TO as income for production sharing or tax purposes and the residual amount left FOSTER SUSTAINABLE over after the withholding of profit oil and any tax has been deducted shall be PROSPERITY WITHIN returned to the licensee or lessee. The PIB further provides that, from the effective HOST COMMUNITIES; date, contributions to the decommissioning and abandonment fund is eligible for TO PROVIDE DIRECT cost recovery and shall be tax deductible, provided that decommissioning and SOCIAL AND abandonment costs disbursed from the decommissioning and abandonment fund, ECONOMIC BENEFITS shall not be eligible for cost recovery or deductible for tax purposes. FROM PETROLEUM

Conversion and Relinquishment of objectives: • To foster sustainable prosperity execution, and other functions that may OPERATIONS TO HOST PPLs & PMLs within host communities; • To provide be assigned to it by the BOT. All existing OPLs and OMLs will be direct social and economic benefits from The Host Community Advisory Com- COMMUNITIES…..” automatically converted to PPLs and PMLs, petroleum operations to host communities; mittee (“Advisory Committee”) is to be upon their expiration. However, the PIB • To enhance peaceful and harmonious set up by the Management Committee in allows holders of OPLs and OMLs under co-existence between licensees or lessees accordance with the constitution of the the current regime to voluntarily covert and host communities; and • To create a Trust. The Advisory Committee will be them to PPLs or PMLs, respectively. The framework to support the development of responsible for nominating members to PIB provides some condition precedents host communities. The PHCD is expected represent the host communities on the which are to be contained in the Conver- to improve the quality of life of the host Management Committee, communicating sion Contracts. One such condition, is a communities’ population, and improve community development projects to the stipulation that all on-going arbitration accountability in the management of host Management Committee, monitoring the of their licences. and court cases will be terminated. Other communities’ development trust (HCDT or progress of community projects, securing The Bill introduces the HT, which will conditions are that the fiscal stabilisation “the Trust”) fund. Some of the significant project facilities, and advising the Manage- be chargeable on the profits of upstream clauses, will not be grandfathered. provisions of the framework are as follows: ment Committee on measures to improve petroleum companies. The HT will be OML holders will need to designate their •Section 235 of the Bill requires a settlor security and peace within the community. charged at varying rates depending on acreages into five broad classes: - parcels or a group of settlors under a joint operating the terrain, contract type, and whether it that merit an appraisal (for exploration); - agreement, to incorporate a HCDT. The Trust Petroleum Industry Fiscal Framework is a new or converted acreage. parcels to make a declaration of commercial is to aid the development of the economic Chapter 4 of the Bill introduces the Petro- The PIB has effectively resolved the discovery, for which a field development and social infrastructure of the communi- leum Industry Fiscal Framework (PIFF), controversy relating to the applicable fiscal plan is to be submitted; - parcels that ties, within the petroleum-producing area. which has the following objectives: Fiscal legislation for condensates and NGLs that have a significant gas discovery; - parcels Where the HCDT is incorporated by a Provisions: • To establish a progressive are subsequently commingled with oil. The which already have development programs group of settlors under a joint operation, fiscal framework that encourages invest- determination of the applicability of HT underway; and - parcels in which regular the operator under the agreement will ment in the Nigerian petroleum industry, will depend on whether the volumes of the commercial production is occurring. The be responsible for the Trust on behalf of balancing rewards with risk and enhancing condensate or NGLs can be determined at PIB prescribes that these five parcels should the other parties. The Bill requires the revenues to the Federal Government (FG); the measurement point or exit of the gas cover 40% of the area of the licence granted, settlor to appoint and authorise a Board • To provide a forward-looking fiscal processing plant. Further, only the costs and other areas are to be relinquished. of Trustees (BoT), which will be registered framework that is based on core principles that cannot be deemed to be exclusively The limitation to 40% suggests that if with the Corporate Affairs Commission, of clarity, dynamism and fiscal rules of incurred to produce associated gas will be the parcels cover more than 40% of the for the purpose of managing the Trust. general application; • To establish a fiscal claimed as tax deductions under the HT. entire area of the lease area, there would The following administrative activities of framework that expands the revenue base Based on Section 277 (3) of the PIB, be no relinquishment under such OML. the BoT are determined by the settlor – • of the FG, while ensuring a fair return for companies yet to commence bulk sales or The proposed relinquishment of 60% the selection process, the procedure for investors; • To simplify the administration disposal of chargeable oil are required to appears to be onerous, and may serve meetings, financial er gulations and admin- of petroleum tax; and • To promote equity submit their tax returns within 18 months as a disincentive to conversion. istrative procedures • the remuneration, and transparency in the petroleum industry from the date of incorporation in the case discipline, qualification, disqualification, fiscal er gime. of a new company, and within five months Host Communities’ Welfare suspension, and removal of members of The Bill amends and repeals various after any period ending on 31st December One of the issues that contributed to the the BoT; and • other matters other than laws that have implications for the oil of the following year, in the case of any delay in passing the previous versions of the above relating to the operation and and gas industry, and provides for the other company. Further, Section 281 of the the PIB, is host communities. The host activities of the BoT. current Petroleum Profits Tax (PPT) to eb Bill has significantly increased the general communities, Government and operators •Section 251 requires the settlor to split into two namely: Hydrocarbon Tax penalty for non-compliance from N10,000 could not agree on the best way to address conduct a host community needs assess- (HT) and Companies Income Tax (CIT) and an additional N2,000 for each day the concerns of the host communities. While ment to determine the needs of each host both of which will apply to companies of continued default to N10,000,000 and the host communities are demanding more community, and develop a Community engaged in upstream petroleum operations. an additional N2,000,000 for each day of to deal with the issue of the environmental Development Plan to address the identified The fiscal and tax amendments in the PIB continued default. The stiff penalties, are to effect of oil operations, the Government needs. will apply upon: a. conversion of exist- encourage voluntary compliance. However, believes that enough is already being The Bill requires the BOT to set up a ing Oil Prospecting Licences (OPLs) and Section 218 provides for taxpayers that done in this area, given all the agencies Management Committee that comprises one Oil Mining Leases (OMLs) to Petroleum have genuine reasons that may impact that are involved in the development of representative of each host community as a Prospecting Licences (PPLs) and Petroleum their ability to file their tax returns as and the Niger Delta region. It is, therefore, non-executive member, and other executive Mining Licences (PMLs) b. termination or when due, to proactively engage the FIRS not surprising that the PIB 2021 adopts members of high integrity and professional expiration of unconverted licenses, and c. and agree an extension to avoid payment a novel approach to this issue. qualification. Further, it empowers the renewal of OMLs. Consequently, holders of the penalties. Chapter 3 of the Bill introduces the Management Committee to prepare the of OPLs and OMLs that do not convert to Petroleum Host Community Develop- budget of the fund, manage project awards PMLs will continue to be taxed under the Senator Surajudeen Ajibola Basiru ment (PHCD) which has the following on behalf of the Trust, supervise project current PPT Act, pending the expiration Ph.D, Notary Public 12/ 20.07.2021

Unburden Lawyers from Scrutinising Clients’ Sources of Funds A Rejoinder Antithesis to Mayowa Owolabi’s Thesis (Part 3)

and the UK provide that their Lawyers under the American Bar Introduction Association and the CCBE (Council of Bars and Law Societies of In my last two outings, I had shown thus far, how Mr Owolabi Europe) require that legal practitioners report complex or suspi- mis-construed the decision of the Court of Appeal which he conceded cious money transactions to their corruption agencies Task Forces, “accords with logic”. Mr Owolabi had however, reneged on this other countries like Nigeria, Canada and Japan do not make such position, when he postulated that the same judgement will be requirements of their legal practitioners. “discomforting and unduly exposes international transactions The Japan Federation of Bar Associations in the stead of asking emanating from Nigeria to additional scrutiny as it presup- Lawyers to report their client of suspicious funds, has its own poses that there are no applicable internal mechanisms which regulations that allow the legal profession to maintain a “Never ensure that Nigeria Lawyers are not unwittingly utilised for to Whistleblow” approach to countering money laundering. money laundering schemes”. I had debunked this thesis in my In fact, it is their position doing such will be an invasion of earlier antithesis. Today, I will continue and conclude this discourse. Lawyers’ privacy, and will be a direct enemy of the client/Lawyer relationship – a sacred relationship provided in almost all countries’ A Legal Practitioner is Entitled to His laws. A final argument against this mode of Money Laundering Professional Fees (Continues) Discovery being surreptitiously imposed on Lawyers, is that such That a Legal Practitioner is entitled to his professional fees is the matters should be left to Anti-Corruption agencies; and not used correct position of the law, as seen from our outing last week. to put a strain on legal practitioners and the legal profession. In GUARANTY TRUST BANK PLC. & ANOR v UDOKA There is a legitimate presumption by a Lawyer, that his client is ANYANWU ESQ. (2011) LPELR-4220(CA): paying him with clean funds. If you demand that a Lawyer probes “A legal Practitioner has a right to be remunerated for his into his client’s funds, it becomes inquisitorial. It means the Lawyer services; he can earlier be paid in advance upon a named fee, who ought to believe his client and defend him maximally, is already or rely on the terms of any agreement reached for his fees. doubtful about his bona fides, his honesty and his trustworthiness. However, if he has not received his fees and no agreement Do clients also enquire into the source of their Lawyers’ knowledge was reached as to what they would be, he must submit and expertise? Let Lawyers defend their clients, and earn their his bill of charges. See Oyo v Mercantile Bank (Nig.) Ltd. living. Do not impose on them the extra burden of prying into (1989) 3 NWLR (Pt. 108) 213. All the relevant authorities say their accounts, or means of livelihood. that reasonable remuneration must be given for the actual work or service rendered by a Claimant on quantum meruit, Implication of the Court of Appeal Judgement which is Latin for “as much as he deserved”. See SBN Ltd. and ridiculous exercise; and seeks to cause unnecessary chaos Anyone who has an axe to grind with the well-reasoned decision v Opanubi (2004) 15 NWLR (Pt. 896) 437 SC. In effect, to already set rules. of the Court of Appeal based on extant laws and decisions has when the bill of charges (as they are called) are properly Such a demand, also knocks at the very heart and soul of our two options: appeal the decision to the Supreme Court, or propose brought by the Legal Practitioner in compliance with the criminal justice system. We practice the Anglo-Saxon accusatorial a Bill before the National Assembly to amend the existing laws. provision of LPA, the Court will normally give judgement system of law, as opposed to an inquisitorial system (French for the amount of fees so claimed, unless there are other model). In our accusatorial system, a person is presumed in- Conclusion factors preventing it from doing so, such as the absence nocent until proven guilty. By casting suspicion on a client and The hallmark of any presentation, is coherence. This postulation is or non-existence of any agreement for the payment of the his source of income, from which to pay his Lawyer, it puts, in further corroborated by the axiom that, you cannot approbate and fees by the client, or an attempt by the legal practitioner to my opinion, further harm on the Lawyer’s ways, and also clogs reprobate. Mayowa Owolabi in his article titled “A Critique of the illegally enrich himself at the expense of his client (by way of in the wheel of justice. The ordinary individual comes to the law, Court of Appeal Judgement in FRN v Chief Mike Ozekhome champ arty) see Oyo v Mercantile Bank (Nig.) LTD.(Supra) in the hope of obtaining justice. If the Lady Justice is a symbol (SAN)” noted emphatically that, the decision of the Court of Appeal and Akingbehin v Thompson ( 2008)6 NWLR (Pt. 1083) 270, of a blind-folded lady with a scale of justice and a sword, the accords with logic. However, in the same article, he postulated that where Adamu, JCA added as follows: In some cases, even need to first pull down the blindfold, even before advocating for the pronouncement of the Court of Appeal is discomforting, and where the charges or fees were not agreed upon or fixed one’s client, becomes a two-pronged treachery waiting to happen. unduly exposes international transactions emanating from Nigeria by a contract between the parties, the court can award a That is, being suspicious of one’s own potential client; and also to additional scrutiny, as it presupposes that there are no applicable reasonable fees or remuneration to the legal practitioner being discriminatory to the very client who desperately needs internal mechanisms which ensure that Nigerian Lawyers are not for his services actually rendered or admitted to have been justice. With Lawyers thus being cowed, how does the ordinary unwittingly utilised for money laundering schemes. (The End). rendered by him, at the request or instruction of this client man approach the courts for help? It must be emphasised that on the basis of quantum merit or quasi-contract. See also Lawyers’ countless duties, do not include being an investigator. Serious and Trivial SBN Ltd. v Opanubi (Supra). The provisions of Rule 25 of the Rules of Professional Conduct There are two sides to every coin. Life itself contains not only the which states that a Lawyer shall investigate the witnesses he intends good, but also the bad and the ugly. Let us now explore these. Furthermore, in EGBE & ANOR v ODU (2014) LPELR – to call to the stand to substantiate his case in a courtroom, does “A couple watching TV after a hard day at work. 23805 (CA), it was held that: not call on a Lawyer to investigate the money trail of his client’s “A legal Practitioner is certainly entitled to be paid agreed source of income. Making a Lawyer a private investigator of his Wife: Do you drink beer? or appropriate fees, for professional services rendered by client’s funds, is an unfavourable, tasking and injurious task not him. A Legal practitioner is entitled to be paid his fees on provided for by law. Man: Yes the basis of : (a) An agreed sum (b) Advance payment for his It should also be noted that, while counties like the USA services, and (c) On Quantum merit” Per EKANEM, J.C.A Wife: How many beers a day? (Pp. 13- 14, paras. F.A). Man: Usually about three Duty of a Lawyer to His Client Under the Rules of Professional Conduct in Nigeria Wife: How much do you pay per beer? The duties of a Lawyer in relation to his client, are firmly listed out under Rule 14 – Rule 25 of the Rules of Professional Conduct. Man: $5.00 which includes a tip. Rules 19, 15, 24 and 48 of the Rules, provide for a legal practitioner’s relationship with his client. Wife: And how long have you been drinking? Rule 15 of the Rules provides that a Lawyer should represent his client within the bounds of law. Section 15(3) of the Rules, Man: About 20 years, I suppose. further stops a Lawyer from engaging in any illegal acts while in the service of his client. Wife: So a beer costs $5.00 and you drink three a day Rule 19 provides for the privileged communication of a Lawyer “IT MUST BE EMPHASISED which makes it $450.00 each month. In one year it will be with his client, and states that a Lawyer should not disclose the approximately $5,400.00 business of his client except in the situations provided under Section 19(3) of the Rules, which deals with situations of an illegal or THAT LAWYERS’ COUNTLESS Man: Correct!! fraudulent nature. Wife: If in 1 year you spend $5,400.00. The 20 years puts Rule 24 provides that a Lawyer has the responsibility to accept DUTIES, DO NOT INCLUDE your spending at $108,000.00? a client’s brief, and should not under any circumstance, refuse to give a client advice. See Lord Denning’s immortal words in Rondel Man: Correct!! v Worsley (citation) and the “Cab Rank Rule”. BEING AN INVESTIGATOR….. Wife: Do you know that if you didn't drink too much beer The provisions stated above streamline the structure on how that money could have been put in a savings account. And Lawyers should relate with their clients, and also puts adequate MAKING A LAWYER A PRIVATE after counting the interest for the past 20 years you could checks and balances to ensure amongst other things, that a Lawyer have bought a plane? does not over charge the client (Rule 48). To insist (as suggested Man: Do you drink beer? by Mr Owolabi) that a counsel before or after accepting his brief, INVESTIGATOR OF HIS CLIENT’S should investigate where his client’s source of income (from which Wife: No. he will be paid) comes from, not only over-burdens the Lawyer Man: Where is your plane?” and puts more stringent strange rules on the legal profession, it also FUNDS, IS AN UNFAVOURABLE, stifles the job of a Lawyer whose dictate it is to accept all clients’ THOUGHT FOR THE WEEK briefs, and show absolute devotion in handling the cases in which TASKING AND INJURIOUS TASK “Your living is determined not so much by what life brings to he acts. Where a Lawyer, following the rules of the profession, you, as by the attitude you bring to life; not so much by what especially those stated above, gets a client’s brief, the question of happens to you, as by the way your mind looks at what happens.” investigating the client’s source of income becomes a burdensome NOT PROVIDED FOR BY LAW” (Khalil Gibran) 20.7.2021 / 13 14/ 20.7.2021 20.7.2021 / 15 16/ 20.7.2021 THISDAY ˾˜ Ͱͮ˜ͰͮͰͯ 23

Group Business Editor Obinna Chima Email [email protected] BUSINESSWORLD 08152447875 ͯʹ˜ͰͮͰͯ MONEY MARKET REPO S & P INDEX S & P INDEX EXCHANGE RATE OVERNIGHT 4.75 CALL 4 INDEX LEVEL 535. 53% 1/4 TO DATE 0.48% N410.38//1US DOLLAR* OBB 4.50 1-MONTH 6 1-DAY 0.10% YEAR TO DATE -20.10% ̩

Quick Takes W’Bank Raises Climate Action Support The World Bank Group recently announced its new Climate Change Action Plan that aims to deliver record levels of climate finance to developing countries, reduce emissions, strengthen adaptation, and align financial flows with the goals of the Paris Agreement. The Action Plan for 2021-25 broadens World Bank Group efforts from investing in “green” projects to helping countries fully integrate their climate and development goals. The plan also comes as countries seek sustainable pathways out of the disruption caused by the COVID-19 pandemic. “Our new Action Plan will identify and prioritise action on the most impactful mitigation and adaptation opportunities, and we will drive our climate finance accordingly. “This means helping the largest emitters flatten the emissions curve and helping countries achieve successful adaptation and resilience to climate change,” said World Bank Group President David Malpass. “We will be delivering climate finance at record levels and seeking BRAND AWARENESS SUMMIT solutions that achieve the most impact.” L-R: President, EXMAN, Tade Adekunle; Director, Africa International Operations, Dubai Tourism, Stella Fubara-Obinwa; Chairman, Coscharis Group, The World Bank is already the largest multilateral provider of climate Maduka Cosmas, and Chairman Planning Committee, EXMAN Brand Experience Summit,Tunji Adeyinka, at the 2021 Summit held in Lagos... recently finance for developing countries. The Plan includes a commitment to ETO P UKUTT increase delivery to an average of 35 per cent of total World Bank Group financing for climate over the duration of the Plan. At least 50 per cent of International Development Association (IDA) and International Bank for Reconstruction and Developing (IBRD) climate finance will support adaptation. It also includes identifying and prioritising opportunities ‘How CBN’s Interventions Have for high-impact climate action to inform future World Bank Group climate engagements and investments. NDPHC Loses Director Kept Power Sector Afloat’ Management and staff of the Niger Delta Power Holding Company (NDPHC) Limited have paid tribute to the Executive Director, Legal Services/Company Secretary, to late Mr. Mohammed Mahmud, who Stories by Emmanuel ENERGY as monitoring the impact. it challenging for the players died recently at the age of 57. Addeh in Abuja A document authored by in the sector to procure foreign Speaking at a day of tribute organised by the NDPHC, Managing the country, expected to ramp Templar Law’s Partner, Dayo exchange at the rate stated in Director, Mr. Chiedu Ugbo described Mahmud’s death as painful. Several interventions by the up employment generation, Okusami and Senior Associate, the tariff, the experts argued. “Mahmud was not just a colleague but a great friend, a confidant. Central Bank of Nigeria (CBN) raise living standard and spur Moses Pila, noted that although The document stated that the Mahmud and I met as lawyers at a transaction, a few years before I in the power sector estimated at further investments. the CBN does not regulate CBN may opt to either provide became the MD of NDPHC. His charisma and charming personality N1.5 trillion may have helped Top among the interventions the sector, the interventions further capitalisation to the made us instant friends. As a friend, he was very caring, reliable and keep the industry afloat to are the Power and Aviation are necessary for now until Nigerian Bulk Electricity Trad- dependable. prevent a total collapse of Intervention Fund (PAIF) the mismatch in earnings and ing Limited (NBET) or some “When, I became the MD in 2016, Mahmud became extremely electricity supply to Nigerians, worth roughly N300 billion, capital expenditure was fixed. form of payment support to supportive, without envy and without bile or guile. He helped me documents have shown. the Nigerian Electricity Market “Gas prices and other enable NBET adequately meet tremendously in settling into my new role and continued to guide Coming, especially in the Stabilisation Facility (NEMSF), elements of the capex for its payment obligations under me, caring so much about my health and well-being. He was such a last seven years, the central valued at N213 billion and the the sector participants are its power purchase agreements. wonderful friend. I have lost a great friend”, Ugbo added. bank’s assistance, in over 23 N140 billion Solar Connection dollar-denominated. With It added: “This will in In his tribute, the Executive Director, Networks, Ife Oluwa Oyedele instances, aside the prospects Intervention Facility (SCIF). the electricity tariffs in naira, turn enable the generation described late Mahmud as a friend also, adding that his death was a shock. of job creation, has kept the In addition, the CBN there is a perennial mismatch companies to meet their Oyedele said late Mahmud was, “a very knowledgeable and urbane sector going despite its many disclosed that it has further between revenue earnings payment obligations to their gentleman yet he was also humble and very respectful”, adding that he challenges. pumped in over N600 billion to and the capex inputs,” the gas suppliers. The CBN may “never failed to pass compliments about those things he admired in one.” But stakeholders have augment tariff shortfall, plus a document noted. also choose to provide a special On his part, Executive Director, Finance & Accounts, NDPHC, Mallam insisted that the bank has to recent N120 billion intervention It showed that there are foreign exchange dispensation Babayo Shehu, described late Mahmud as a friend and brother who be firm on sticking with its designed for mass metering, some policies that are within to the power sector to mitigate was a blessing to the company and those around him. repayment schedule for its which has now benefitted over the domain of the CBN that the challenges. creditors. one million Nigerian homes. would have direct impact on “Another area that the CBN Zoom to Buy Five9 in $15bn Deal The CBN fourth quarter eco- While commending the the power sector market imbal- could actively influence is the Zoom Video Communications Incorporated has announced a $14.7 nomic report containing details interventions, some industry ance and liquidity challenges. area of collection leakages at billion all-stock deal to buy cloud-based call center operator Five9 of the interventions, showed players , lauded the level of While the exchange rate in the Disco level. Even where, Incorporated in its largest-ever acquisition, as competition intensifies that some of the releases were transparency on the initiatives, the tariff is usually fixed, the NBET has not been able to exert in its core videoconferencing sector. meant to speed up electricity but noted that repayment plan fluctuations in the general The teleconferencing services provider has become a household supply in industrial clusters in remained a critical issue as well foreign exchange market makes Continued on page 24 name and investor favorite in the year since the coronavirus pandemic, as businesses and schools adopted its services to hold virtual classes, office meets and socialise. According to Reuters, the San Jose, California- based company is now shifting focus to its two-year-old cloud-calling OPEC Projects Gradual Recovery in Oil Demand into 2022 product Zoom Phone and conference-hosting product Zoom Rooms as bigger players Facebook and Alphabet’s Google amp up their video The Organisation of Petroleum can overcome the bitter impasse, OPEC predicted that global products. “The acquisition is expected to help enhance Zoom’s presence Exporting Countries (OPEC) has ENERGY the coalition can proceed with oil demand will climb by 3.3 with enterprise customers and allow it to accelerate its long-term predicted a gradual recovery in restarting the idled barrels, it million barrels a day in 2022, growth opportunity by adding the $24-billion contact center market,” demand for crude oil this year Covid-19 pandemic,” OPEC added. about 3.4 per cent and surpass Zoom said in a statement. and next, as the group closes in said in its monthly report, International oil prices are 100 million barrels a day in the on a deal to revive the production which contained the first detailed trading near their highest level third quarter for the first time still shuttered since the pandemic. estimates for next year. in two and half years, at about since the coronavirus emerged. The need for supplies from The mixed outlook fits with $74 a barrel in London, as fuel But before reaching that level, the OPEC will continue to climb, plans by OPEC and its allies – yet consumption roars back in the consumption will suffer a relapse “The bank will continue to remaining well above the group’s to be ratified – to gently restore US and China with the lifting of in the first quarter, slipping back engage and partner with fiscal current output and exceeding the vast amounts of production lockdowns, yet crude remains to 97 million a day. authorities on measures to pre-virus levels by the second they still have offline in monthly volatile amid threats from Much of the rebound in dismantle the encumbering half of 2022. tranches of 400,000 barrels a day. coronavirus variants, and fears demand will be satisfied by a structural bottlenecks and But it will go through a lull in Before that road map can be that OPEC’s internal clash could revival in supplies from OPEC’s the first quarter and that could approved, the group must first fray its cohesion. rivals. Non-OPEC production correct inflationary trends” see the global market return to resolve a spat between the United The analysis underscores will increase next year by 2.1 initiatives” surplus, the group anticipated. Arab Emirates and Saudi Arabia, why the cartel wants to move million barrels a day, or 3.3 per “Looking ahead to 2022, risks The two countries have made carefully – and why Abu Dhabi’s cent, with about a third of the and uncertainties loom large and progress in resolving a dispute insistence on ramping up output growth coming from the cartel’s require careful monitoring to over what the UAE says is an was initially rebuffed, Bloomberg CBN Governor, ensure the recovery from the unfairly low output limit. If they reported. Continued on page 24 Mr. Godwin Emefiele 24 THISDAY ˾˜ Ͱͮ˜ͰͮͰͯ BUSINESSWORLD NEWS

‘HOW CBN’S INTERVENTIONS HAVE KEPT POWER SECTOR Gencos Seek NNPC’s Intervention as AFLOAT’ the required influence on the remittance level of the Discos, Gas Supply Challenge Persists the CBN can use its influence in the banking sector to act.” Peter Uzoho major challenges facing Gencos privatisation in 2013. is designed is such that a value gas suppliers. It stressed that because was the request by gas suppliers Ogaji said: “One of the chain is as strong as its weakest “As you all know, we have every Disco is guaranteed by With gas supply to thermal that Gencos provide “securitisa- challenges that we generation link. So, it is designed such that not received that and this is why a commercial bank, the CBN power plants around 13 per cent tion” before they could supply companies are facing is gas sup- we have a bulk trader, NBET, we are not able to post it to the can exert regulatory influence more than seven years after the them gas. She explained that the pliers requesting for securitisation. as a securitisation agent or an gas suppliers. My proposition is, over the conduct of the com- power sector privatisation, power Nigeria Bulk Electricity Trader And again, as lawyers, you know obligor or a buffer for the Gencos. we want NNPC, who has 50 per mercial banks regarding the generation companies (Gencos) (NBET) was expected to provide that contracts have to be back- “So, NBET is expected to cent of the JVs to take up the Discos’ revenues and ensure have called on the Nigerian the securitisation in the form of to-back. If it is not back-to-back, provide a securitisation in the gas obligation of the generation the sanctity of collections and National Petroleum Corporation a bankable commercial letter of it is not possible for me to be form of a bankable commercial companies, and we will generate the priority of the remittances (NNPC) to intervene and save the credit from a commercial bank able to post to you what has letter of credit from a commercial as much megawatts as you want, to the electricity market. sector. Twenty-eight megawatts to the Gencos, but that NBET not been posted to me. bank to the Gencos, who in if you are able to consume or In his intervention, the (MW) of gas equivalent is required had not given them such since “So, the way the power sector turn, will now post it to the utilise it. ” President, Nigeria Consumer by the thermal power plants in the Protection Network (NCPN) country, according to the National Kunle Olubiyo, noted that given Control Centre, the data house the level of financial liquidity in of the nation’s power sector, and the sector, support in terms of only 13 per cent has been supplier soft loans would greatly assist to thermal plants since the last in keeping the sector afloat. seven years. However, Olubiyo noted Consequently, the Gencos are that there was an urgent need demanding that the NNPC, as for a review, especially with holder of 50 per cent stake in supporting policies that would the Joint Venture (JV) with gas drive holistic results from the producing companies, should programmes. intervene by taking over their Also expressing his opinion, gas obligations to gas suppliers PWC’s Habeeb Jaiyeola, to enable them generate more stressed that it was not out of power. The Executive Secretary of place for such interventions to Association of Power Generation take place in countries around Companies (APGC), Mrs Joy the world, saying that the Ogaji, made the request on behalf actions would usually ramp of her association during a panel up economic development and session at the recently held 2021 control cost of borrowing, but Nigerian Oil and Gas Conference noted that repayment must be and Exhibition (NOG) in Abuja. enforced. The panel session centred on, “Developing the Domestic CIPM INVESTITURE OPEC PROJECTS Gas Market to Deepen Gas L-R: Representative of Chairman of the Occasion, Dr. Fred Odutola; wife of the new CIPM President, Mrs. Omolara Mojeed; President, Mr Olusegun Mojeed; past GRADUAL RECOVERY IN Utilisation.” President, Mr Victor Eburajolo, and anoher past President, Dr Oladimeji Alo, during the investiture of the 20th President of institute held in Lagos... recently OIL DEMAND INTO 2022 Ogaji noted that one of the SUNDAY ADIGUN long-standing competitor, the U.S. Demand for crude from the Sylva: Nigeria Lost Funds to Non-performance of Atala Oilfield, Others organisation will exceed 30 million barrels a day in the second Emmanuel Addeh in Abuja for cancelling any licence granted ultimately. not arguing with that, they are which it is sentimentally attached. half of 2022, substantially above to an oilfield licence holders were “So after 17 years, the president not arguing with the revocation. A statement the Chief Press the 26 million it pumped in June. The Minister of State, Petroleum thoroughly complied with and in his wisdom decided to revoke “So, I don’t want to go into all Secretary, Mr. Daniel Alabrah, That ought to allow OPEC Resources, Mr. Timipre Sylva, wondered why the former holders those assets and revoking it means the details. So, just know that quoted Governor Douye Diri, and its partners, who have has said the federal government should be interested in whoever it is no longer your asset. So, if this asset was not singled out. It as calling on all concerned par- already restored about 40 per lost revenues in taxes, royalties the new owners of the assets are. it is no longer your asset, what was revoked along with a lot of ties, including the Department cent of the output cut during and other payments on the He said: “About 11 marginal is your business whether it has other assets for the same reason. of Petroleum Resources (DPR), the pandemic, to produce at Atala oilfield located in Bayelsa fields were revoked for non- been given to somebody else?” “I don’t want to now single out the Nigerian National Petroleum near-normal levels. and about 10 others revoked performance and the holders Sylva added that the Bayelsa one of those assets and discuss Corporation (NNPC) and the “Ongoing broad-based stimu- in April 2020. of these fields held them for 17 state government which formerly it. If you are talking about all the minister to consider returning lus measures and high saving Sylva, who spoke while field- years without producing these owned the oilfield has not refuted assets, then we’ll discuss it, but the oilfield to the state. rates in advanced economies are ing questions from journalists fields, and as a country, we lose the allegation of non-performance, I don’t want to single any one “Part of what I have done in forecast to lead to a release of in Abuja, noted that there are money (when that happens). explaining that licence owners do of those assets and discuss it, the last one week of my absence pent-up demand in the second conditions attached to the owner- “Because if we are producing not just hold them for the sake of because I happen to come from was to state the position of the half of 2021, which will carry ship of any licence, including these fields, the country too will it, but to put them to maximum Bayelsa state too,” he stressed. Bayelsa state government, which over into 2022,” the organisation optimal utilisation of the asset, be getting royalties and other use which will invariably earn Meanwhile, the Bayelsa state I did very clearly to the President said. insisting that for 17 years, that payments, and taxes from your more revenue for the government. government has called for the of the Federal Republic of Nigeria. Yet in the first quarter of 2022, condition was not met by the production. But when you hold “Bayelsa state government, reversal of the revocation of the So, our position on Atala oilfield is the call on OPEC’s crude will Bayelsa government and the an asset and you just keep it are they denying that they ran Atala oil marginal field (OML that it is a prized asset of Bayelsa retreat to 26.4 million barrels a owners of the 10 other facilities. and you are not producing that the asset sub-optimally? They 46), saying the oilfield remained state and that revocation should day – below the level it’s likely to He noted that all the procedures asset, the country is losing money are not, and I am sure they are a “prized asset” of the state to be cancelled. pump this month once scheduled increases are made. Fashola, Kyari, Others Chart Path for Infrastructure Development Emmanuel Addeh in Abuja them remains the real measure cent of Jobs in the built industry, the body was set up as part of the the summit was borne out of the of a nation’s desire for growth it is maintenance and operation society’s contributions to driving society’s quest to continually drive Prominent players in the and prosperity, stressing that a that provides 70 per cent of Nigeria’s Infrastructure improve- Nigeria’s infrastructure revolution country’s infrastructure space country cannot grow bigger than the sustainable jobs long after ment and revolution, with the first and sustainable development. have met in Abuja to chart the the capacity of its infrastructure. construction has ended. edition of the report published He said that a cursory review way forward for the country’s Fashola pointed out that this According to him, this is why in 2015 and the 2nd edition in of Nigeria’s infrastructure poor infrastructure base. was underscored by the fact that the Buhari administration must 2017 with the third edition now development, maintenance Some of them included the the ministry is currently managing take the credit for approving the in the works. and management spectrum Group Business Editor Minister of Works and Housing, over 800 contracts for roads and first ever FGN Facility Manage- He stated that the report would reveals vivid challenges that Obinna Chima Mr Babatunde Fashola; Group bridges, covering over 13,000 ment and Maintenance policy provide a comprehensive assess- need deliberate and pragmatic Capital Market Editor Managing Director of the Nigerian kilometres of the 35,000 plus in March of 2019, which led to ment of current infrastructure solutions. Goddy Egene National Petroleum Corporation kilometres of federal highways the rehabilitation of 24 federal conditions and needs, grade the He listed some of the sector’s Comms/e-Business Editor (NNPC), Mele Kyari, as well as and bridges. secretariats under a facility man- state of built infrastructure in all challenges to include unclear and Emma Okonji the leadership of the Nigerian He described the projects as agement contract. sectors and states and provide conflicting infrastructure goals Asst. Editor, Money Market Society of Engineers (NSE). critical drivers for employment of In addition, he stated that 37 policy makers an empirical guide and objectives at the federal, state Nume Ekeghe In his goodwill message at the professionals for design, surveys, bridges nationwide are now in making choices and investment and local government levels as Senior Correspondent plenary session of the National and construction practitioners as undergoing maintenance and decisions. well as ambiguous regulatory ËÒÏÏ×ÕÓØÑÌÙÖß(Advertising) Infrastructure Summit organised well as a galvaniser for other sec- repairs, some of which have been In addition, he said it would framework and inappropriate Correspondents by the NSE, Fasola restated that tors like mining for gravel, sand, due for decades, stressing that enable government leaders to economic regulation with respect Chinedu Eze (Aviation) infrastructure development, main- laterite, crushed stones, while it many projects recommended for inspect their project portfolios to pricing structures for the ÜÙ×ÙÝÏÖÏÌÓÙÎßØ(Maritime) development in the 2013 National critically, drive efficient allocation consumption of infrastructure. James Emejo (Finance) tenance and management was drives the demand and supply Ebere Nwoji (Insurance) at the core of the Muhammadu of lubricants like diesel, and oils, Integrated Infrastructure Master of resources, as well as encourage He stated that the resultant Chineme Okafor (Energy) Buhari administration’s strategy as well as bitumen production Plan are now at different stages benchmarking and competition effect was that Nigeria is currently Emmanuel Addeh (Energy) for growing the economy and and supply. of completion. among the different levels of confronted with the dilemma

Reporters lifting people out of poverty. He stressed that while design, Chairman of the NSE’s Infra- governance. of a staggering infrastructure ÙÝËÖÏÕÒßÙÑÓÏ(ICT) He said the stock of infrastruc- construction and governance structure Report Card Committee, NSE President, Babagana deficit and skills gap running Peter Uzoho (Energy) ture and the commitment to grow account for only about 30 per Ademola Olorunfemi, noted that Mohammed, in his remarks, said into trillions of dollars. THISDAY ˾˜ Ͱͮ˜ͰͮͰͯ 25

Adigun: DPR Can Revoke Unproductive Marginal Field License Ademola Adigun is an oil and gas policy expert, who has worked on oil sector governance and transparency for over a decade as the Country Team Lead for the Facility for Oil Sector Transparency and Reform. In this interview, Adigun who is currently the Executive Vice President of Metacura Development Initiative, an Abuja-based policy and Management Consultancy firm, speaks on the issues around the Petroleum Industry Bill, revocation and re-allocation of Marginal Oil fields by the Department of Petroleum Resources to new operators and other industry matters. Hamid Ayodeji brings the excerpts: The House of Representatives Committee rigorous, yet 11 fields did not achieve on Public Petition and the Department production. I am asking this in light of of Petroleum Resources (DPR) are on the recent controversy between the House a collision course over Dawies Island of Representative and the Department of marginal field loss by Eurafric for hold- Petroleum Resources over Dawies Field. ing the national asset without production What exactly are we dealing with here, and making it unviable for 17 years. The what are your thoughts? Minister of Petroleum Resources through We have to ask ourselves a question, do I the DPR awarded the field to Petralon have the mandate to act in the way I have acted 54 Limited and its partners during the legally? Yes, I can. Now, does the DPR have last bid round, a decision that has been the right to act and revoke license unutilised? countered by Eurafric through a petition to Yes they can. Was it part of the contract you the House Committee on Public Petitions. signed at the point and time when the license What is your take on this in the light of was given to you? Yes, it is. Now, the problem the debate around the Petroleum Industry we have in Nigeria is that people don’t want Bill and the role of regulators? to follow rules. We live in a country where The thinking behind it is simple: The oil people want to use influence to get things and gas sector suffers some deficits, one of done and this is why we have an oil sector them is governance which is the foundation of that is in crisis. You cannot because you are a growth for any country. Other deficits include member of the House or you are a Senator or accountability and transparency. You would the President negate the powers of an institu- agree with me that every government in power tion. You asked about why we are having an have had a scandal or more about oil or the upstream and downstream commission and NNPC. In the real sense, we have the DPR institution, the reason is simply because of which is an emergent party from a Ministry. these kinds of issues. When you take a field It was first an Inspectorate department then and keep it for 17 years, you don’t invest in it became the DPR, it has a Director who it, there is no returns from it. Imagine if that reports to the Minister. With DPR, there is field was producing when oil prices was like no independence, there are no real powers. $120 a barrel or $110, imagine what we could Remember a time in Nigeria when we had a have done with that money. There is something Minister of Petroleum who fired about four called the net present value of money, which leaders of the DPR due to various issues. When is an accounting term for saying money today there is no independence as a regulator, there is best utilised for today than saving money are limitations. If you are not accountable to when you cannot predict tomorrow. So, it is some Board structures, you will not be as not the business of the National Assembly transparent as you ought to be. So, the whole to get involved in such matters. I see it as reason is to strengthen governance and have an abuse of process and law. The question a Commission for the upstream and another Adigun we should ask is, does the DPR have the one for the midstream and downstream. Now, power, the mandate, is it following the law? the question people will ask is, why you don’t barrels a day by OPEC quota and we have a cannot tap the revenue for the future today If we can prove that other than the law, have a single regulator, which is a practice. failure to ramp up 2.1 million barrels per day. because people are not capable or because there is something else, then the party that But every country determines how they run If the oil blocs lie fallow and people are not they are emotional. is complaining about Dawies Field should theirs, every country determines what they producing from it, we are losing revenue from fight. I watched a news report about Bayelsa want to do and I think for Nigeria, the focus the field, we are losing job creation from the What is your opinion about the three per State too and the emotional argument of the is to develop the midstream and downstream field, and we are losing what should be the cent that has been ratified as development governor about the marginal field the state where we can create jobs and grow the GDP. contribution to the Gross Domestic Product fund for host communities by the Senate? had undeveloped for 17 years. If you have 17 For the upstream again, there were issues (GDP) as well as field development fee. It’s For me, I am a person that sees a glass years to make something operational, to invest around improving the power but not allowing a whole basket of having something you that is half full instead of one that is half in it, you didn’t do it. Now, when it is time to have a super regulator which becomes super cannot use, it is therefore better you drop it. empty. I have seen a lot of positions from to take it from you, you say you could have creepy. Those ideas were to have a balance To your specific question of what happens people saying we want 10 per cent or 20 per done it. No! it doesn’t work that way. There and the way the governance was strengthened, to the new awardees, the PIB is clear, you cent. Yes, we can have any per cent, but the must come a time when we follow rules and transparency was there and it allows some have a timeline, you pay your licensing fee. question I ask every day is, what the principle laws. And on the question of transparency flexibility. There should be no one man, a You also have a timeline to find investors to behind this thinking? The second one is, this and bid rounds. A lot of complains about this DPR Director, Minister or a President who work with you. If you can’t, drop it. Drop it is an addition. You had zero per cent before bid round have been raised, I mean, I have should be the alpha and omega in the oil for someone who can. The truth is, we are now. What has this tried to do? It is trying read reports about this bid round not being sector. That was the thinking behind it. fighting a battle; the truth is crude is not going to bypass capture, in the corruption that has as transparent as it ought to be. But I think to be as powerful or useful as it is in the next happened allegedly in the Derivation, in the the issue is, DPR has a process which it What is your position is on the National 20 to 35 years. Now, imagine you getting a NDDC and other parties and give the com- published that the law says that is the Assembly having ratified the three percent bag of cowrie shells from your grandmother. munities a voice in determining their own way the bid round will be conducted and for Host Communities Fund which has At that point or in time past, it was much future. It also ties them to the production, the way it will be assessed. If that is not become a bit contentious and what do you money but if you have cowrie shells today it it ties them to the state. Now, three per cent followed, then, it falls on the parties to think will be the impact of the PIB on is to be used for decoration. So, in a race to of what? Three per cent of previous years’ go through the right channels to appeal. the newly awarded marginal field assets ensure that we maximise what is under the operating expenses can be significant. But the If the guideline has been followed, then when it comes to the 2020 bid round ground now, we can’t have people having question is not how much the money is, but it is a defined case. When you say, 19 in terms of developmental efficiency in fields, whether marginal or others and not how well utilised the money is? It is a starting years ago we had a bid round and we getting the assets into production. How exploit it. That is because in the long run, point and you can move forward from there. still have 15 fields lying fallow, now that’s would you advise new awardees to proceed the state loses. The relevance of crude and You can say 10 per cent tomorrow but they the problem. in light of this? the present value of money also plays a role. were at zero before. Now, if you say don’t That is why the PIB now has a clause I think one of the greatest things that have We are country with challenges in balancing sign the PIB because of that, then you go back that says drill or relinquish or drill or happened which is in the PIB is the concept of our budget, so as much as we can get in to zero. Zero percent of Zero is Zero. So, it drop. It has to be that you cannot hold drill or drop. We have had a history. I think taxes, royalties and other fees are important is better for the communities to think, we something in perpetuity just for you. People the first attempt to Nigerianise the oil and for now. So, anyone going into that kind of have got something, we still get derivation, must know that Oil is a diminishing asset, gas sector was in 1990 when the Babangida exploration should be thinking about the we still get what we get through NDDC, we the oil money is what we need today to Military government awarded oil blocs to some capacity. If they don’t have the capacity, they still get other things and it is a good starting build the future. We need to start thinking Nigerians who were thought to have financial should drop it. Now, laws are not usually point for discussions. Again let me add that about transitioning from oil but we need capabilities to make the necessary investments. retroactive but everybody is going to come I am not concerned about percentages, I am oil money to transition away from oil. So, Of the award, only about three or four have under the PIB once there is assent by the concerned about utilisation and benefits. I am if you keep something on the ground there, been mined, that is Famfa, Conoil and some President. The PIB repeals about nine laws, concerned about the fact that we can ensure you read the EU guidelines released recently other two. Now, a lot of people get these all those laws that are currently governing that the money goes back to the community on cutting emission and climate transparency. licences or win these bids then go sell it off. the sector become repealed as soon as the that really needs it, so I am in support of it. So, we have an asset that might be worth They sell it off to those who are incompetent PIB is signed and that means as a sector, nothing in four years. I think as it is clearly and the whole thing stalls and we suffer as a we are going to be governed under the new So let’s talk about the last marginal published, it should not be a matter for the country. We have two problems in the sector law. Anyone in the sector should be thinking oil field bid rounds. Some analysts have National Assembly. I think this is part of the right now; we have declining take from the about capacity, capability, efficiency and the said that not only was the 2003 exercise abuse of processes that happens in the country. barrel and we have declining returns from ability to say “if I can’t do this, let me look more transparent than that of 2020, they This is why people just do the way they do it. crude. Now, we are limited to 1.45 million for someone else that can.” As a country, we also argued that the 2003 was more We are almost becoming a country of anyhow. 26 THISDAY • TUESDAY JULY 20, 2021 THISDAY ˾˜ Ͱͮ˜ͰͮͰͯ 27

Family Home Fund Completes N10bn Sukuk Issuance Stories by Emmanuel Addeh It stated that the transaction “Family Homes will deploy in Abuja was well received and attracted the net proceeds to finance and significant demand from a wide develop affordable homes for Family Homes Funds Limited range of high value and quality low-income earners,” said the (FHFL) through the Family investors including pension funds, company. Homes Sukuk Programme Plc ethical funds, fund managers, Commenting on the develop- has successfully completed the non-finance Islamic institutions, ment, Chief Executive Officer issuance of a N10 billion seven- trustees, corporate and high net of FHFL, Femi Adewole, year 13 per cent Series 1 Ijara worth individuals. described it as a landmark Lease Sukuk due in 2028, under The company said the and lauded all those who its N30 billion Sukuk Issuance total value of orders received contributed to the success Programme. The company said during the process was N21.3 of the historic initiative. the Series I Sukuk is the first ever billion (representing a 2.1 times “We are very proud of this SEC-registered corporate Sukuk oversubscription) of the intended landmark transaction, which is to be issued in Nigeria and the N10 billion, while the issuance the first ever certified corporate first corporate Sukuk certified by was launched at a rental rate of Sukuk issued in Nigeria. The the Financial Regulation Advisory 13.00 per cent per annum. domestic debt capital market Council of Experts (FRACE) of “Notwithstanding current has given us the opportunity the Central Bank of Nigeria. market dynamics and volatil- to further diversify our fund- According to the FHFL, the ity, this debut transaction had ing sources and provided the transaction also represents its tremendous support from the necessary support for our goal debut in the Nigerian debt capital debt capital market,” it said. of providing affordable homes market, while the issuance was FHFL noted that the series across Nigeria. 2.1x oversubscribed. I Sukuk issuance reinforces “The strong support for this A release by FHFL Company the company’s commitment transaction, given the challenging Secretary, Franklin Ezeagwu, to facilitating the provision of environment, is a reflection of noted that the book building affordable homes and diversifying the depth of the market, and process for the transaction was its funding sources, as well as investor confidence in Family launched on June 25, 2021, and the resilience of the domestic Homes Fund’s long-term strategy was completed on July 6, 2021. debt capital market. and management team,” he said. World Bank, TCN Train 708 Electrical Engineers, Linesmen The Transmission Company (PC&M), Electrical Maintenance on how to get their jobs done of Nigeria (TCN) says it has Department (EMD), and Lines more efficiently and effectively commenced an intensive training Maintenance Department (LMD), to produce better results. programme for 708 engineers totaling 708 engineers from the The Executive Director, in the company, taken from the 10 Transmission Service Provider Transmission Service Provider electrical, maintenance depart- (TSP) regions nationwide.” (TSP) in TCN, Victor Adewumi ment, protection, control, and The TCN head noted that the urged the participants to ensure metering department as well as company was prioritising the active involvement during the linesmen across the 10 regions of training of its staff as it gradu- programme and to ask questions the company, through a World ally expands the capacity of its whenever they require clarifi- Bank programme. transmission network with the cation during the two-week A statement by the General execution of several projects to training. Manager, Public Affairs of the ensure grid efficiency and stability. On his part, the Executive organisation, Mrs. Ndidi Mbah, “A more robust grid, coupled Director, Human Resources said while declaring the training with the role we must play under and Change Management at open in Abuja, acting Managing the new Service Level Agree- TCN, Mr. Justin Dodo, revealed Director and Chief Executive Of- ment and our part in the West that much preparation was put ficer of TCN, Mr. Sule Abdulaziz, African Power Pool (WAPP), into the programme design for explained that the training was to among others, underscore the maximum result. expose maintenance engineers to need for our engineers to be Also, General Manager, facility improvement programmes trained and retrained, to ensure Programme Coordination at under the World Bank’s Nigeria that they are relevant and TCN, Mr. Joseph Ciroma urged Electricity Transmission Project efficient,” Abdulaziz added. the graduates to deepen their (NETAP). According to him, the train- knowledge as the hybrid training Abdulaziz said: “In all, engi- ing which is divided into five team will provide deeper knowl- neers undergoing this training are modules is aimed at honing edge about emerging trends and those in the Protection, Control their skills and, in the end, what is expected of the trainees and Metering Department give them fresh perspectives in their job roles at TCN. NBET: No N7.68bn Insertion in Our Budget The Nigerian Bulk Electric- provide 500KVA transformers selected communities in Plateau ity Trading (NBET) Plc has for some selected communities State to the tune of N300 million, maintained that it did not in various states at the cost of outside NBET’s mandate, as other insert projects outside its area N150 million as well as the supply projects surreptitiously inserted of operations in the 2021 budget and installation of transformers into the document. When asked to of the organisation that was in selected areas of Gombe for respond to the insinuations, Head, passed in December. N100 million and N50 million Corporate Communication, NBET, Some reports, quoting insider for different locations in Kano Henrietta Ighomrore, explained sources, had alleged that NBET State. In addition, the report that the organisation never added was allocated N7.68 billion and listed the electrification of Gudus, any item in the budget beyond had a proposal approved to Nyalun, Kunkyam, Yuli and other those that were critical to its operations. She insisted that one of the reports by an online medium that NBET scrambled to remove certain suspicious items from the document after it was uncovered could not be farther from the truth, saying it was impossible for NBET to alter an appropriation law, which is an Act of Parliament, singlehandedly.She emphasised that although there may be different versions of the document it presented before the National Assembly flying online. 28 THISDAY ˾˜ Ͱͮ˜ͰͮͰͯ

Deepening Nigeria’s Payment System

Donald Nwaogu

he Central Bank of Nigeria (CBN) recently has unveiled plans to launch its digital currencies before December 2021. With this plan, the CBN joins Tover 70 per cent of central banks around the world that are respectively researching on the payment technology following the growing investor interest in cryptocurrency. Beside, technological advances in recent years which was further propelled by the COVID-19, have led to a growing number of fast, electronic means of payment available to consumers for everyday transactions. While China is in the final testing stages of its Digital Yuan, South Korea and Brazil recently announced their digital currencies for 2022, the European Union began research on CBDC development while the Fed Reserve is taking its first steps towards a digital dollar, according to a report by Zerocap, an Australian-based full-service digital asset investment platform. Essentially, Central Bank Digital Currencies (CBDCs) are digital representations of fiat currencies developed and issued by central banks. Given their source, CBDCs are not decentralised but simply a digital token issued as the territory’s currency, regulated and backed by local monetary reserves, the report by Zerocap stated. In addition, CBDCs may or may not utilise system through several reforms targeted at on the date for the launch and by the end of Combating illegal activities blockchain technology, depending on the restoring confidence in the system. the year, we should have the digital currency.” Digital fiat creates more significant obstacles frameworks used to implement the assets Indeed, a sound payment system infra- According to her, about 80 per cent of central to illegal activities as physical cash allows into circulation. structure, where operators and customers banks across the world are presently exploring funds to be hidden and transferred outside The Digital Yuan or DCEP, for instance, can transact business with confidence and the possibility of issuing the central bank’s of surveilled financial systems. With CBDCs does not; although it utilises distributed ledger convenience, trust and timeliness, underpins digital currency, saying that Nigeria cannot rising in adoption, payments and transfers technology, it is a centralised mutable ledger many of these reforms. be left behind. will be easier to identify and trace back to that contains peer-to-peer properties. For instance, in 2007, the Central Bank of Mohammed added: “You are aware that previous sources, drastically reducing fraud The Bank for International Settlement (BIS) Nigeria (CBN) launched the Payment Systems we have two forms of fiat money: The notes and money laundering risks. However, this notes that there are various design choices Vision 2020 which identified series of recom- and the coins. So, the central bank’s digital seemingly safer system does come with for CBDCs, including: access (widely versus mendations to increase the resilience of the currency is the third form of fiat money. So, concerning possibilities. restricted); degree of anonymity (ranging from payment system infrastructure and work-streams this digital money is going to complement complete to none); operational availability to encourage the usage of electronic payment the cash and note that we have. Lessons from China’s Digital Currency (ranging from current opening hours to 24 methods were inaugurated. Since then, the “The central bank digital currency will just A report from businesstimes.com.sg, revealed hours a day and seven days a week); and country has continued to introduce initiatives be as good as you having cash in your pocket. that China has been working on its digital interest bearing characteristics (yes or no). that would help simply payments and deepen So, if you are having the currency in your currency roadmap from as early as 2014, and Furthermore, it points out that many financial inclusion. pocket, you are as good as having cash on leads the rest of the world’s central banks forms of CBDCs are possible, with different The Director, Information Technology, CBN, your phone. presently experimenting with CBDCs. implications for payment systems, monetary Ms. Rakiya Mohammed, said every Nigerian “Now, why did we need to go into this? It noted that the country’s big technology policy transmission as well as the structure would have access to the CBDCs when it is There are different cases that the central bank companies, like Ant Group and Tencent, played and stability of the financial system. introduced. is looking at. For instance, we have remit- a big role in giving China the upper hand “CBDC raises old questions about the role of She said: “Let me state categorically that tances, which is a huge market in Africa. We on this journey. central bank money, the scope of direct access cryptocurrency such as Bitcoin and the rest of also know that in the last EFInA report, our “Driven by a desire to increase convenience to central bank liabilities and the structure of them are not under the control of the central target for this year was to achieve 80 per cent and retain customers, they ventured into mobile financial intermediation. Traditionally, central bank; they are purely private decisions that financial inclusion. We are about 60 per cent wallets and digital payments. banks have, for various reasons, tended to individuals make and are not part of this and at the rate we are going, it is unlikely we “At first, regulators, including the People’s limit access to (digital) account-based forms arrangement. would meet this target. But the central bank Bank of China (PBOC), took a hands-off ap- of central bank money to banks and, in some “We have spent over two years studying digital currency would accelerate this target.” proach to this. That wasn’t a wholly deliberate instances, to certain other financial or public this concept of central bank’s digital currency She said it would support the cashless policy decision. institutions. “By contrast, physical central bank and we have identified the risks. And it is as well as innovation, adding that the central “It takes time to study and regulate new money, that is cash, is widely accessible. This one of the reasons why I said we are setting bank has a “very clear roadmap on this and technologies and services. This gave China’s approach has, in general, served the public up a central governance structure that would we are about to move to the next stage of a tech companies the freedom to experiment and and the financial system well, setting a high involve all industry stakeholders to access proof of consent after which we would start push the boundaries of the financial system. bar for changing the current monetary and all the risks as we continue on this journey. a pilot.” “The result was a wave of new fintech services financial structure,” the BIS added. “Very soon we would make an announcement Other qualities of CBDCs according to the emerged in China between 2012 and 2020. Although CBDCs will probably not function report by Zerocap include: These included digital know-your-customer precisely like paper notes or bitcoin, they processes, credit control and fraud control. will hold some digital features similar to Simple cross-border transactions “It was only when companies started using physical cash. With CBDCs, local or international transfers their technology aggressively for highly- Assets will be easily transferable between can occur almost instantly and require much leveraged lending that regulators stepped entities and carry the same value in third-party lower fees than the traditional system. It will in,” the report added. wallets or platforms. drastically minimise the task of verifying funds It pointed out that one advantage of letting These properties also apply to their storage; or risk-monitoring in each banking platform, large, competing consumer businesses lead CBDC users will store the tokens in their since CBDCs are the actual fiat currencies in innovation is that the platforms are will- digital wallets and use the assets wherever digital form. Reducing fees at faster transfer ing and effective in educating consumers. they go. Citizens will most likely need to With CBDCs, local or rates will also promote economic growth and When people are informed, they are more open an account with their central bank international transfers benefit lower classes through low payment likely to try innovations and embrace novel affiliations, but storage options will vary can occur almost fees and higher accessibility to funds. concepts. from mobile to desktop, online and offline Social Inclusion Now, many Chinese consumers are anywhere on the planet. instantly and require Since CBDCs are issued through central comfortable with digital forms of money Leal Brainard, Governor of the Federal much lower fees than banks and available to use through digital and wallets, meaning they may be more Reserve System, recently spoke at Washington wallets, the unbanked may access and transfer willing to embrace a government-issued coin. on how the Fed was advancing research on the traditional system. their funds without the need for private bank Consumers’ acceptance of and confidence CBDCs. It will drastically accounts, which are often not at their disposal. in digital payments also forced state-owned The US seeks to obtain a solid foundation of minimise the task of It will also benefit the underbanked through enterprises and traditional businesses to this novel monetary system before developing higher access to financial services with more adapt, further entrenching digital payments. its own version, ensuring “a safe, inclusive, verifying funds or risk- straightforward frameworks and faster KYC. It has also led to the PBOC having more efficient, and innovative payments system monitoring in each M-Pesa, a P2P payment platform released in experience dealing with this field, which it that works for all Americans.” Kenya, is a good example of such inclusion. can apply when rolling out its own digital banking platform, since Released in 2007, M-Pesa promoted easy pay- currency, giving it a sharper focus and cutting CBN Lists Beneﬁts CBDCs are the actual ments and transactions without the need for down on avoidable mistakes. For Nigeria, there is no doubt that over ﬁat currencies in digital private bank accounts. As a result, Kenya`s These indeed are lessons the CBN must the years the country has made noticeable access to formal finance grew from 14 per embrace as it works towards introducing its progress in its desire to create a robust payment form cent in 2006, to 83 per cent in 2019. own digital currencies in the coming months. THISDAY ˾ Ͱͮ,ͰͮͰͯ 29

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L-R: Director Media and Publicity, Global Health Advocacy and Innovation Alliance (GLHADIA), Mr. Samson Oki; Consultant Obstetrician and Gynaecologist, Luth, Dr. Emmanuel Owie; President/Founder, GLHADIA, Dr. Kennedy Eguagie; Special Guest of Honuor, Dr Wilfred Ugwoeruchukwu; Wellness Trainer/Pulic Health First Lady of Ondo state and Founder, BRECAN Foundation, Arabinrin Betty Akeredolu (6th left); Founder, Practitioner, Dr Olajumoke Oke; and Executive Director, Mobilizaeion and Logistics, GLHADIA, Mazi Atinuke Cancer Foundation, Mrs. Tinu Lawal (5th left); accompanied by other cancer survivors during ‘Cancer Nwachukwu Sidney during the Advocacy & Campaign Flag oﬀ of thene: Covid 19 Vaccine Acceptance for All Survivor Luncheon’ held in Lagos...recently PHOTO: ETOP UKUTT by GLHADIA at Ikeja, Lagos...recently PHOTO: KOLAWOLE ALLI

L-R: Son of disease/Chairman Coronation Capital, Mr. Aigboje Aig-Imoukhuede; President, Dangote group, Aliko Dangote; former President, Nigerian Bar Association NBA, Mr. Paul Usoro; and Group Managing L-R: President, Nigeria Union of Journalist (NUJ), Comrade Christopher Isiguzo; wife of former Governor of Director/CEO, Access Bank Plc, Mr. Herbert Wigwe, at a reception in honour of the late Pastor (Mrs.) Emily Imo State, Mrs Nkechi Okorocha and newly installed 5th President of Rotary Club of Abuja, CBD, Mrs Anne Okhenren Aig-Imoukhuede in Lagos …recently PHOTO: KUNLE OGUNFUYI Obi, during the investiture of the 5th President of the Club, in Abuja…recently

L-R: Clerk, House of Representatives Committee on Inter-Parliamentary Aﬀairs, Alfa Salisu; member, House of Representatives, Rep. Tajudeen Abass; Speaker, House of Representatives, Femi Gbajabiamila; other members Rep. Zainab Gimba; and Rep. Zakariyau Galadima, during the Commonwealth Parliamentary Association (Africa Region) Conference in Nairobi, Kenya…recently

L-R: Guest, Mr. Boye Oyewumi; President, Board of Trustees Parah Family Foundation, Mrs. Adejumoke Airuoyo; Special Guest of Honour , First Lady of Ogun State, Mrs. Bamidele Abiodun; Vice President, Board of Trustees Parah Family Foundation, Princess Dayo Odukoya; BOT member, Mr. Tosin Odukoya and Board L-R: Special Adviser to the Lagos State Governor on Housing, Mrs Toke Benson-Awoyinka; Chairman, Punch Member, Mrs. Isioma Olugbenga, at the 3rd edition of Parah Fertility Conference held in Lagos...recently Nigeria Limited, Mrs Angela Olufunmilayo Emuwa and Publisher/Managing Director, Genevieve Magazine, PHOTO: ETOP UKUTT Mrs Betty Irabor, after the Women Intentional Motivational talk Living with Betty, in Lagos...recently 30 THISDAY ˾ TUESDAY JULY 20, 2021 PROPERTY & ENVIRONMENT No Data to Support 17m, 22m Housing Deﬁcit Claim, Says Fashola Bennett Oghifo he Minister of Works and Housing, Mr. Babatunde Fashola has said Nigeria does not have housing deficit of 17 million or 22 Tmillion homes, adding that there was no proven data to support that claim. The minister stated this in his keynote address at the Concrete Ideas webinar organised by Lafarge Africa Plc., recently. The theme was ‘New Solutions to Nigeria’s Urban Housing’. Fashola said he had approached the subject critically, stating that one of the things he was confronted with on resumption as minister of housing, was the talk about 17 million housing deficit which was credited to the World Bank. “I invited the country manager for World Bank and said this is credited Fashola Adeﬁoye Khaled El Dokani to you and he said no we have no hand in it and we know nothing Fashola said housing problem arose opers to take into consideration a ever undertaken on the continent about it. And then somebody said it with rapid urbanisation. “So, there post-COVID world where people of Africa.” was the African Development Bank is demand and supply issue. Now, may want to do business remotely He commended Lafarge for concrete and I called the country representa- even in those urban centres, and I’ve from their homes, even in their rural ideas, saying since its inauguration tive, and he said we know nothing travelled to all of Nigerian states communities if they have broadband/ in 2020, it has gone on smoothly. about it.” by road, there are empty houses, internet. The Concrete Ideas webinar of He then called the Director General unused houses, unoccupied houses. He said post-COVID scenario is Lafarge Africa, now in its third of the Nigerian Bureau of Statistics “Before we begin to build, the a defining barometer to determine edition, began in October 2020. and was told there was no data question is have we optimised the whether rural-urban migration will Present at the recent webinar, about people who need homes in ones we have? Why do you have continue. “Are we going to get to which was converged by Lafarge Nigeria, but that there was data a shortage when you have unused what it was like before COVID? What Africa Plc., included the company’s about the number of households assets?” Let’s begin to think, do we if we don’t need offices anymore, at Chairman, Prince Adebode Adefioye; (families in Nigeria), which is 35 have a 22-million housing demand? least not at the rate highrise buildings the Country Chief Executive Officer, million households. Because it is a business and if Lafarge were springing up, and we can do Khaled El Dokani; and Folashade So, he asked where the figure 17 is ready to build 22 million houses, a lot of businesses from home. We Ambrose-Medebem, Director, Com- million emanated from and the DG then who will buy them?” have to rethink our investment in munications, Public Affairs and said if the analysis of that huge On his vision for urban housing real estate. If I can talk to you from Sustainable Development, Lafarge deficit exists then it means half of in the country, the minister said my village because I have broadband, Africa. Nigeria is homeless. The DG then land is a very crucial component then why should I come to the city The Panelists were, Dr. Ayo Tariba; promised to collect data on this in in housing development but that it and be struggling for a house? It is Bldr. Kunle Awobodu; Amaka future. is controlled by the states and not going to affect how other businesses Nwokolo; and Jumoke Adegunle. The minister said he then went by the federal government. are arranged. Urbanisation, in my The webinar was moderated by to the Planning Commission that According to him, “Even if all view, is what encourage the develop- Arit Okpo. does census and told them the the states government are building, ment of highrise clusters and it has The Chairman of Lafarge Africa next census should include home as many of them are, housing is a also affected how we feed during gave the theme a thumb-up, saying ownership and home rental census, commodity, so it is something that work hours, fast food, deliveries “all industry players need to work “because we can’t solve a problem the private sector can leverage their around urban conurbations. Is this in synergy to reverse the impending that we cannot measure. entrepreneurial skills to deliver,” going to continue? So, as we plan urban housing challenges.” “And I kept digging and found stating that “in the last four years, to invest, let’s think what does the Adefioye noted that some recom- where 17 million deficit claim came the footprint of real estate developers future look like? mendations from the two previous from- it came from my ministry is increasing.” He also expressed his views about Concrete Ideas webinar were being (Works and Housing) in 2012. There He said government could urbanisation and urban regeneration, implemented by the government in was a policy document and in the strengthen that space by using its saying there was a fine line between its policies, such as the implementa- preface, somebody just put if there. monetary and physical policy muscles urban regeneration and gentrification. tion of the highway development I’ve called my predecessor on this to make it even more prolific to play “Partnerships are instructive here management initiative (HDMI), by desk and she said there was no data in by bringing down the interest and the private sector has a big the Federal Ministry of Works and to support it. rates for lending and borrowing, role to play and it should be driven Housing, to attract the participation “Quote me, Nigeria does not have and longer tenure financing. by data, science and to understand of the private sector in the develop- a 17-million or a 22-million housing He said he is having this discussion what the market says.” ment of infrastructure segment. deficit. Two interesting things are with the Minister of Finance Budget He said in the last one year, a Also, the Council for the Regulation that in 2017 when our household and Economic Planning. national policy has been developed of Engineering in Nigeria (COREN) survey was 35 million, the housing He also stated that all the states to increase the use of cement and has mandated professional bodies deficit was 17 million, that is 48.57 houses of assembly and the states’ stone in the built industry, especially in the built environment to develop per cent of the household number. Attorneys General “must rise up to for roads, and “as a result of that a manual that will complement the Now, there is an updated household intervene on behalf of their residents our ministry was challenged and we Nigeria Industry Standard on ce- survey that puts Nigeria’s household by way of rent control,” stating that have responded to government by ment (NIS 4441 of 2003), which was at 45, and you know the interest- housing ought to be discussed in developing a real design manual for part of the recommendations in the ing thing, the housing deficit has terms of ownership and rental. concrete roads, which we have shared second session, he said, and that followed it to 22 million which is He said, “Before you get to the with all the states of the federation recommendations from the series being quoted and it is also 48 per ownership ladder, you get to the and the FCT at the National Council were being put together as blueprint cent. People are just adding up.” rental ladder first. But where you for Works last year. in the sector. The minister said the theme of have people asking citizens to pay “We are increasing the footprint of The Country Chief Executive Of- the webinar was ideal by say- three years’ rent in advance from concrete roads in the country slowly ficer, Khaled El Dokani thanked the ing ‘New Solutions to Nigeria’s salaries earned monthly, there is a but surely- the Apapa-Oworonsoki minister for the valuable challenge Urban Housing’. “It is an urban mismatch and housing can never road, Obajana-Kaba road, Bodo-Bonny and inspiration that he brings to problem; it is not a rural problem. be affordable.” with NLNG, there is room for more the discussion. We don’t know the number, but it Another strategy he discussed with concrete roads in the country and Khaled El Dokani said the com- is an urban problem. So, in most Lafarge was that there was need to there is a design manual to guide mitment of the federal government’s of Nigerian rural areas, they don’t change the building method to fit everybody.” agencies towards encouraging private have housing challenges. In fact, prevailing demand. For instance, The minister stated that the nation sector involvement in critical policy many of the people sweating for people no longer demand 4-bedroom was in “interesting and challeng- formulation cannot be overempha- an apartment in the city of Lagos, or 5-bedroom houses because they ing times, especially in the built sised. Aba, Port Harcourt, Abuja, Kaduna, require small spaces and most use industry” where a lot of initiatives He called on all key stakeholders Kano, probably have a 4-bedroom showers and not bathtubs. He ad- were taking place. within the sector to work together or 5-bedroom bungalow in their vised that proper survey be done He said, for instance, there is the to find solution to Nigeria’s urban village that are empty, unused, and before developing a house for it Highway Development Management housing initiatives, adding that Hol- therefore Lafarge is leading us in to fit demand. Initiative (HDMI), which is “the cim was a leader in the construction the right direction.” Fashola advised real estate devel- largest concession of public road industry. THISDAY ˾TUESDAY JULY 20, 2021 31 PROPERTY & ENVIRONMENT How Second River Niger Bridge will Impact Nigeria’s Economic Development very day, millions Nollywood. its importance to Nigeria and the people. Berger Nigeria Plc. The project is Back in 1970, Julius Berger of people journey Thirty minutes (or 22 km) Africa’s prosperity. The Second River Niger Bridge a Design, Finance, Build, Operate was called upon to repair the from Asaba, capital away from Onitsha is a small Over the years, the need for a is the product of a Public-Private and Transfer (DFBOT) model. dilapidating Onitsha bridge, of Delta State, to town called Nnewi. According to second Niger Bridge has arisen. Partnership involving the Federal This means that the government which was accomplished in Onitsha and back Forbes, it “has bred more naira Since the construction of the Ministry of Works, the Ministry owns and finances the project’s just seven weeks. The company Ethrough the iconic Niger Bridge, billionaires than any other town first Niger Bridge, Nigeria’s of Finance, the Nigeria Sovereign construction while Julius Berger, has also delivered an impres- which has become a symbol in Nigeria, and possibly Africa”. population has grown by over Investment Authority (NSIA), the a company with a track record of sive number of iconic projects of national enterprise. Atop the Nnewi is also famously a hub for 400%, and the amount of people Presidential Infrastructural Devel- excellence over 50 years, designs that have supported Nigeria’s Asaba side of the bridge reads automobile spare parts dealers, travelling through Asaba and opment Fund (PIDF), and Julius and builds. economy over time. the sign, “Welcome to the land manufacturers of household Onitsha has also skyrocketed. of progress.” The mere sight goods, and many of the largest This creates a heavy flow of of it sparks the image of the transport companies in Nigeria. traffic for the travellers and entrepreneurial Nigerian building Several of these business activi- residents of both cities. a future for themselves and their ties happen across states and Speaking to the New York family. require hours commuting from Times earlier this year, Patrick On the other side of the the East to the West of Nigeria. Okigbo, a policy analyst, said bridge is Onitsha, Anambra However, the snag is that most about the current state of traffic State, home to the biggest com- of this economic activity flows on the Niger Bridge, “it impacts mercial market in West Africa. through one bridge. the cost of doing business. It Merchants in Onitsha Market The current Niger Bridge impacts lives. If they can af- deal in every type of product is a 1402.08-metre steel truss ford it, nobody travels by road you can imagine -- mobile bridge that connects Onitsha anymore. If you can’t, then you phones, foodstuff, clothing items, to the rest of Nigeria. It is over go on a prayer.” In answer to toiletries, bathroom fittings, 56 years old, dating back to the needs and yearnings of etc. Every year, an estimated 1965. The bridge is part of the the people, the construction $5 billion worth of goods pass Trans-African Highway between of a new bridge will ease the through that market. Onitsha is Lagos and Mombasa, Kenya, and traffic burden enhancing the also home to 51 Iweka Road, is also the primary connection free flow of access to work, one of the largest distribution between Eastern and Western business centers, markets and networks for Nigeria’s multi- Nigeria, two highly industrious other places that have social billion-dollar movie industry, regions. So, one cannot overstate and economic significance to The second bridge over the River Niger between Asaba and Onitsha Ogoni Clean-up: 1,200 Women to Receive Entrepreneurial Skills Michael Olugbode in Abuja “The Project Coordination Of- in the area. Fabrication Facility at Korokoro, of remediation across the four by HYPREP are at various fice (PCO) proposed to train Abubakar also disclosed that Tai local government area and LGAs of Ogoni land besides stages of completion. One thousand, two hundred 1,200 Ogoni women in various a tripartite capacity building On 14th July 2020, the facility the numerous indirect jobs that On the other areas of Ogoni women are to be trained entrepreneurial skills from the partnership between the was commissioned. are to be created in the form of achievements in Ogoni land, the in entrepreneurial skills in the four LGAs of Ogoniland. Hydrocarbon Pollution Re- The Minister said as part of trading and support activities.” Minister said: “Thirty-Six (36) ongoing Ogoniland Clean-up “The Agribusiness Skill mediation Project (HYPREP), the employment creation drive As at today, Seventeen (17) remediation contracts comprise Project, the Minister of Environ- Training and Empowerment the International Institute of of Hydrocarbon Pollution Reme- Lots have been completed by of two Project activities namely ment, Dr. Mohammad Abubakar Programme for 400 Ogoni Tropical Agriculture (IITA) and diation Project (HYPREP), 882 HYPREP, out of which ten have soil remediation works (29 lots) has said. women was initiated as an the Stakeholders Democracy community youths have been been closed-out by National Oil and Tier 2 (T-2) Assessment of The Minister made this integral part of the front–end Network (SDN) trained 15 engaged by Batch 1 remediation Spill Detection Agency (NOS- groundwater works (7 lots) disclosure while reeling out activities of the clean-up of youths from the four local contractors, while additional DRA). Certification sampling were awarded in February the achievements of the Federal Ogoni land.” government areas of Ogoni land. 1118 community youths are of three Lots for close-out has 2020. However, due to the Government in it’s efforts to He said the primary objec- He noted that at the end being engaged by Batch 2 been completed, while the other global corona virus pandemic clean-up Ogoni land of oil spill- tive is aimed at presenting of the three months intensive remediation contractors. three are awaiting certification in the first and second quarters ages and to boost it’s economy. sustainable agriculture and training, the trainees fabricated He said, “Therefore, as at sampling for close-out by of 2020, activities preceding The Minister, who address agribusiness as alternative machines which were used in today, a total of 2000 temporal NOSDRA. The remaining five mobilization of these contractors a press briefing in Abuja, said: sources of livelihood for women setting up a Cassava Processing/ jobs were created in the course which are yet to be completed to sites were slowed down. Afriland Delivers Owena Housing Project in Lagos Fadekemi Ajakaiye treatment plant, among other to state that as it is with all our outbreak of the Covid-19 virus We are equally putting the times are ahead.” value-adding features. projects, the best hands were and a lot of organisations share finishing touches on our plans Afriland Properties has A Real Estate company, Afriland Speaking on the project, the employed and only top-quality the same sentiment; however, to commence construction of recorded major successes in Properties Plc has further Managing Director of Afriland materials were used. For us, we have an obligation to our our one- and two-bedroom property development in recent demonstrated its capacity to Properties, Uzo Oshogwe stated execution perfected, excellence stakeholders which we must apartments in Ikeja tailored to times with high-value projects deliver high-quality real estate that the building is a testa- delivered is more than just a fulfil. Resilience in the face of suit the need of the young and that include the Afriland Towers assets with the completion of ment to Afriland’s dedication slogan, it is part of our genetic adversity is one of the traits upwardly mobile millennials on Broad Street, Marina, Lagos the Owena Residence Apart- to quality service and client makeup and we approach tasks that give us an edge in this that form a large core of the and Heirs Towers on Ajose Ad- ments situated in the highbrow satisfaction declaring that the and projects with a mindset industry and it continues to workforce in Lagos. Our plans eogun, in Victoria Island Lagos. Parkview Estate in Ikoyi, Lagos. best materials were used and focused on value addition.” propel us to identify opportuni- equally include the construc- Recall that the Heirs Towers The luxury residential the highest technical knowledge The Afriland Chief Execu- ties even in adversity. We have tion of a residential estate was recently commissioned by showpiece which was de- employed to bring the project tive equally spoke on what to several projects lined up and are and an ultramodern Mall in the Lagos State Governor, His signed and managed by the to bear. “I feel elated that we expect from the company soon, optimistic that we will deliver Portharcourt Rivers State, The Excellency, Babajide Sanwo-Olu firm consists of six 3-bedroom have been able to complete this expressing enthusiasm about on all of them. “ Afriland Malls. These are just and Renown Philanthropist and luxury apartments with full- project. In true Afriland fashion, the organisation’s strategies “We have a project similar to a few of the projects that we Entrepreneur, Tony Elumelu service facilities, including a we have finished it before the and plans. She said “It has the completed Owena Residence have lined up and I can assure who is also the Group Chairman transformer, generator, water scheduled date. It is important been not been easy with the coming up on club road, Ikoyi. our stakeholders that exciting of the Heirs Holdings group. ‘Reversing Land Degradation Crucial to Fighting Climate Change’ Bennett Oghifo for the coming decade at the solutions to sustain COVID-19 can change the world,” said concern about land loss and decline in soil health and its at a High-Level Dialogue on recovery efforts and tackle the Executive Secretary of the soil degradation. A report ability to hold water, leading to Climate change, overuse and Desertification, Land Degrada- climate crisis. Doing this, Ms. UN Convention to Combat released in early June by PBL increased chances of drought conversion for agriculture, cities tion and Drought convened by Mohammed said, is possible Desertification (UNCCD),Netherlands Environmental As- and floods. However, through a and infrastructure mean that the President of the General while creating strong economic Ibrahim Thiaw. “So far, the sessment Agency draws up a combination of restoration and one fifth of the planet’s land Assembly, Volkan Bozkir. returns; getting the financing world’s largest economies have stark picture if urgent change protection, an improvement in area is degraded. “We are facing a triple right to scale-up land restoration already spent USD 16 trillion to current land-use policies is land management using known This is the view of the United planetary crises of climate and translate commitments into in post-covid recovery efforts. not undertaken. A scenario of no practices with proven results Nations Convention to Combat change, biodiversity loss and action; and measure our land Investing a fifth of that amount, change will mean an increase in would enable the world to Desertification (UNCCD). pollution, and land is at the resources and ecosystems to collectively, per year, could agricultural production in sub- restore more than 5 billion This damage, which also centre of all three,” said UN value them so that natural shift the world’s economies Saharan Africa and Central and hectares of land, leading to drives drought and desertifi- Deputy Secretary General, capital – our land, forests, to a sustainability trajectory. South America to meet growing increased crop yields, improved cation, harms the livelihoods Amina J. Mohammed at the wetlands and other ecosystems Within a decade, the global food demand, leading to 300 water-holding capacity of soil of almost half the planet’s meeting. She laid out four -- are recognized in economic economy could create close million hectares of land being and a significant reduction in population. However, as much priorities for the coming reporting and that our natural to 400 million new green jobs, cleared by 2050. This would the release of greenhouse gas as one billion hectares can be decade: Raising ambition on assets are maintained like our generating over USD 10 trillion lead to a decline in global emissions and increased carbon restored over the next 10 years land restoration, including economic assets. in annual business value.” biodiversity by 6 per cent, a storage. It would also reduce if there is political will. The aiming to end illegal deforesta- “Put simply, a land-centred The meeting comes against loss of 32 gigatons of carbon to loss of biodiversity, and overall world leaders set the direction tion; investing in land-based approach to COVID-19 recovery a backdrop of increasing the atmosphere and a marked increase income for farmers. 32 THISDAY ˾ Ͱͮ˜2021 BUSINESS/MONEYGUIDE BPE, Quest Electricity Sign SSPA for YEDC Ndubuisi FrancisÓØÌßÔË thereby providing an economic increase of over 400 GWh or tool for combating the insurgency 31 per cent increase. The Bureau of Public Enter- in the region. He added that as a result of prises (BPE) and Quest Electric- According to him, “this the aggressive investment drive ity Nigeria Limited - the new investment will be utilised for by the investor, t is expected that investor in the Yola Electricity the purpose of carrying out the increase in energy supply Distribution Company (YEDC) an extensive upgrade of the will stimulate economic growth have signed a Share Sale and company’s electricity distribution and development in the region Purchase Agreement (SSPA) network, in order to bring the through the creation of new for the privatisation of YEDC. business to the level of financial industries and opportunities as At the agreement-signing viability.” well as attracting much needed ceremony in Abuja, the Director Okoh added that it is expected investment, and boosting job General of BPE, Mr. Alex Okoh, that this investment will deliver creation. revealed that in addition to paying results within a period of five Noting the rigorous process the purchase fee of N19 billion, years. of the negotiation which the new investor has committed These results, he disclosed, took place in the wake of the to a performance improvement included reduction in ATC & Covid-19 pandemic and its programme which will involve C losses from the current level of crippling impact on economic an investment of US$68 million 80 per cent (which is the highest activities as well the challenging (N28 billion) over a period of in the industry) to 29 per cent operational environment in two years. hich translates to a 51 per cent the North East region of the In a statement from the loss reduction. country, Okoh said it was a privatisation agency, he said Others are growth in customer testament to the commitment Quest Electricity was committed base from 396,650 to 596,650 and doggedness of the parties to to improving the quality of life (which represents a 50 per deliver on the transaction and the of the inhabitants in the North cent increase); and a significant high collaborative spirit between East geopolitical zone through increase in energy supplied from the federal government and the aggressive investment drive, 1,305 GWh to 1,714GWh (an core investor MARKET INDICATORS

‘Aura by Transcorp Will MONEY AND CREDIT STATISTICS (MILLION NAIRA) Democratise Access to Hospitality’ JANUARY 2021 Money Supply (M3) 38,779,455.43 The Director, Business Devel- has never happened in Nigeria we want to do that? Everyone opment, Aura by Transcorp and we are very happy that we more or less stays in a house, but -- CBN Bills Held by Money Holding Sectors 1,039,129.55 Hotels, Ifeoma Okafor-Obi are at the forefront of leading this most of the time we live in homes Money Supply (M2) 37,740,325.88 has said the Aura, a new initiative. It helps position us as where we are not maximising. digital platform recently was the leading hospitality company You stay in a couple of rooms -- Quasi Money 21,779,302.69 introduced by the hospitality to deliver so much to Nigeria. and there are still rooms available. -- Narrow Money (M1) 15,961,023.19 brand will help in democratis- “The domestic tourism market So, you have an opportunity ing access to hospitality in the is crying for investment and this to tap into the home-sharing ---- Currency Outside Banks 2,364,871.13 country. is going to give opportunity to platform. You can put that part Also, Managing Director so many people to invest and of your home that you are not ---- Demand Deposits 13,596,152.06 and Chief Executive Officer of enjoy the beauties that we have using up on Aura. Net Foreign Assets (NFA) 7,414,275.50 Transcorp Hotels Plc, Mrs Dupe across Nigeria.” ‘Also, you could have a beauti- Olusola, urged Nigerians to take Continuing, Okafor-Obi said ful house in the village that you Net Domestic Assets(NDA) 31,365,179.93 advantage of opportunities Aura by Transcorp was intro- enjoy only during Christmas -- Net Domestic Credit (NDC) 42,916,586.63 provided on the digital platform. duced to empower Nigerians, and you want when you are The both said these during an create employment, saying, not around that that house is ---- Credit to Government (Net) 12,304,773.44 online interactive session that on “We just want people to live the being utilised. That is one thing ---- Memo: Credit to Govt. (Net) less FMA 0.00 the new product. best of their lives and all these Aura can do for you. So, it can The digital platform was should be a click away and at be home-sharing and you can ---- Memo: Fed. and Mirror Accounts (FMA) 0.00 launched about a fortnight your finger tip.” put your full home on Aura.” ago by Vice President, Prof. She added: “What is beautiful Furthermore, Okafor-Obi said ---- Credit to Private Sector (CPS) 30,611,813.19 Yemi Osinbajo, the Speaker of about Aura is that we have made another thing users of the app --Other Assets Net 3,892,112.74 the House of Representatives, it seamless and a click for you to could do is that they can become Hon. Femi Gbajabiamila; the enjoy. That is really the thinking an experience provider on Aura. Reserve Money (Base Money 13,264,585.14 Chairman of Transcorp/Heirs behind Aura. Now, aside from She explained: “You can Holdings, Mr. Tony Elumelu; being an online platform, we also become a tour guide such that --Currency in Circulation 2,831,167.19 Senator Enyinnaya Abaribe; Hon. want this product to enable every where you are there are so many --Banks Reserves 10,433,417.96 ˾ÙßÜÍÏ̋ Ndudi Elumelu; among others member of society to partake in beautiful places around and you --Special Intervention Reserves 317,234.17 eminent personalities. hospitality and to earn money. want to showcase it. Also, you According to Olusola, Aura by So, literally what we want to do can have skills in arts that you Transcorp is truly a wonderful is to that we want create a new are very good at, photography, Money Market Indicators (in Percentage) experience. breed of hospitality entrepreneurs. among others, Aura enables you Month March 2018 She said: “It is something that “Now, the question is how do to showcase it. Inter-Bank Call Rate 15.16 US Varsities Offer $4.35m Scholarships Minimum Rediscount Rate (MRR) Monetary Policy Rate (MPR) 14.00

to 30 Nigerian Students Treasury Bill Rate 11.84

Emma Okonji most of their opportunity to get a Ekene Ezeunala, one of the Savings Deposit Rate 4.07 top-notch education while gaining 2021 Opportunity Fund Program About 30 Opportunity Funds first-hand experience of American scholars, achieved the highest 1 Month Deposit Rate 8.82 Program scholars of the US life and culture. score in Nigeria at the 2019 Consulate General in Lagos “I congratulate each one of Unified Tertiary Matriculation 3 Months Deposit Rate 9.72 have received fully funded you on your tremendous success. Examination. 6 Months Deposit Rate 10.93 scholarships totaling $4.35 million Your success is evidence of your The 17-year-old alumnus of to attend American universities leadership, academic performance, Meiran Community Senior High 12 Months Deposit Rate 10.21 and colleges for the 2021/2022 and the great potential young School Lagos received full fund- academic session. Nigerians hold for the future of ing to study Computer Science Prime Lending rate 17.35 Following a competitive this country,” Pierangelo told the and Mathematics at Columbia Maximum Lending Rate 31.55 selection process, the 30 high- departing students. University in the City of New achieving, low-income students, “This is a very important step York. received financial aid from the in your life. I strongly encourage He described the Educa- ˾ÙØÏÞËÜãÙÖÓÍãËÞÏ̋ͯͱϱ US Consulate General that you to maximise this opportunity. tionUSA Opportunity Funds covered expenses involved in This is not just in reference to your Program as “a truly life changing OPEC DAILY BASKET PRICE ˜ͯͳ ͰͮͰͯ the college application process education as you have proven experience.” such as payment for standardised yourselves to be academically “EducationUSA opened up a The price of OPEC basket of thirteen crudes stood at $73.15 a barrel on Thursday, tests, application fees, and visa outstanding students. whole new world of opportunities compared with $75.29 the previous day, according to OPEC Secretariat calculations. fees in addition to air travel to “I am also referring to your and resources I never knew were The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan the United States. chance to broaden your horizons available to me,” Ezeunala added. Blend (Algeria), Girassol (Angola), Djeno (Congo), Zaﬁro (Equatorial Guinea), Rabi Light Speaking in Lagos during a and embrace the diversity of Another 2021 OFP scholar, (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), reception in honor of the US people around you and learn, Urinrin Otite, was the first student to earn a first class degree in the Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and bound students recently, US not just about America, but also Merey (Venezuela). Consul General, Claire Pierangelo, about other cultures,” Pierangelo Department of Civil Engineering urged the scholars to make the further said. at the University of Port Harcourt. THISDAY ˾ Ͱͮ˜ͰͮͰͯ 33

Unilever Nigeria Recovers from Loss to N1.21bn Profit after Tax Goddy Egene printed at N1.207 billion, up from not implement a substantial price N7.07 billion in cash and bank in Q2-20. Similarly, PATN1.21 the company management’s a loss of N1.633 billion in 2020, increase due to the heightened balance to N44.17 billion in billion was boosted by a tax gradual increase in credit sales Unilever Nigeria Plc has reported thereby raising investors’ hopes competition, we believe the Q2-21 from N37.10 billion as credit of N166.14 million, will remain supportive of volume a profit after tax (PAT) of N1.207 for good dividend at the end top-line growth was driven of December 2020. “Similarly, translating into an earnings growth in the near term. As billion for the half year ended of the year. by a gradual increase in credit the company recorded a net per share (EPS) of N0.21 for such, we now expect Unilever June 30, 2021, compared to a Analysing the results, analysts sales to distributors following operating profit of N557.86 the period,” they explained. to deliver positive earnings in loss of N1.634 billion in the at Cordros Securities said its the substantial progress made million in Q2-21, which is the The analysts said they liked 2021,” they stated. corresponding period of 2020. revenue grew by 40.8 per cent in reducing its trade receivables highest since Q2-19 compared that the company overturned the Meanwhile, trading at the The company recorded a revenue following strong growth in between 2018 and 2020 (-82.4 per to a net operating loss of N1.86 prior quarter’s loss with a decent stock market opened for the of N19.724 billion in 2021, up from revenue across the Home & cent),” they said. billion in Q2-20. Overall, the top-line growth bringing the week on a positive note as N14.008 billion in 2020, and profit Personal Care Products (HPC) According to them, Unilever’s company recorded a PBT of H1-21 EPS to N0.21 amidst the the Nigerian Exchange (NGX) before tax (PBT) of N1.041 billion (+48.7 per cent) and Food (+34.6 earnings were further supported N1.04 billion – the highest in sub-inflationary price increase Limited All-Share Index (ASI) in 2021 as against a loss before per cent) segments. by the growth in finance income eight quarters as opposed to a across its product portfolio. recorded a marginal growth of tax of N1.515 billion in 2020. PAT “Although the business could primarily due to the increase of loss before tax of N1.52 billion “In addition, we believe that 0.01 per cent to 37,952.65. PRICES FOR SECURITIES TRADED AS OF 19/07/2021

MAIN BOARD DEALS MARKET QUANTITY VALUE TRADED MAIN BOARD DEALS MARKET QUANTITY VALUE TRADED PRICE TRADED ( N ) PRICE TRADED ( N ) 34 TUESDAY JULY 20, 2021 • THISDAY MARKET NEWS A Mutual fund (Unit Trust) is an investment floor of the Nigerian Stock Exchange. Offer price: The price at which units of a trust or vehicle managed by a SEC (Securities and A REIT (Real Estate Investment Trust) is an ETF are bought by investors. Exchange Commission) registered Fund Manager. investment vehicle that allows both small and Bid Price: The price at which Investors Investors with similar objectives buy units of the large investors to part-own real estate ventures (eg. redeem (sell) units of a trust or ETF. Fund so that the Fund Manager can buy securities Offices, Houses, Hospitals) in proportion to their Yield/Total Return: Denotes the total that willl generate their desired return. investments. The assets are divided into shares that return an investor would have earned on An ETF (Exchange Traded Fund) is a type are traded on the Nigerian Stock Exchange. his investment. Money Market Funds report of fund which owns the assets (shares of stock, Yield while others report Year- to-date Total bonds, oil futures, gold bars, foreign currency, GUIDE TO DATA: Return. etc.) and divides ownership of those assets into Date: All fund prices are quoted in Naira as at 16- NAV: Is value per share of the real estate shares. Investors can buy these ‘shares’ on the Jul-2021, unless otherwise stated. assets held by a REIT on a specific date. DAILY PRICE LIST FOR MUTUAL FUNDS, REITS and ETFS MUTUAL FUNDS / UNIT TRUSTS GREENWICH ASSET MANAGEMENT LIMITED [email protected] AFRINVEST ASSET MANAGEMENT LTD [email protected] Web: www.gtlgroup.com ; Tel: +234 1 4619261-2 Web: www.afrinvest.com; Tel: +234 818 885 6757 Fund Name Bid Price Offer Price Yield / T-Rtn Fund Name Bid Price Offer Price Yield / T-Rtn Greenwich Plus Money Market Fund N/A N/A N/A Afrinvest Equity Fund 156.30 157.85 -3.39% Nigeria Entertainment Fund N/A N/A N/A Afrinvest Plutus Fund 100.00 100.00 4.80% GROWTH & DEVELOPMENT ASSET MANAGEMENT LIMITED [email protected] Nigeria International Debt Fund 317.70 317.70 -21.25% Web: www.gdl.com.ng ; Tel: +234 9055691122 Afrinvest Dollar Fund 111.57 111.57 -0.47% Fund Name Bid Price Offer Price Yield / T-Rtn ALTERNATIVE CAPITAL PARTNERS LTD [email protected] GDL Money Market Fund N/A N/A N/A Web: www.acapng.com, Tel: +234 1 291 2406, +234 1 291 2868 INVESTMENT ONE FUNDS MANAGEMENT LTD [email protected] Fund Name Bid Price Offer Price Yield / T-Rtn Web: www.investment-one.com; Tel: +234 812 992 1045,+234 1 448 8888 ACAP Canary Growth Fund N/A N/A N/A Fund Name Bid Price Offer Price Yield / T-Rtn ACAP Income Funds N/A N/A N/A Abacus Money Market Fund 100.00 100.00 7.22% AIICO CAPITAL LTD [email protected] Vantage Balanced Fund 2.89 2.95 1.14% Web: www.aiicocapital.com, Tel: +234-1-2792974 Fund Name Bid Price Offer Price Yield / T-Rtn Vantage Guaranteed Income Fund 1.00 1.00 4.50% AIICO Money Market Fund 100.00 100.00 7.24% Kedari Investment Fund (KIF) 151.40 151.68 -2.63% AIICO Balanced Fund 3.25 3.42 -4.23% Vantage Equity Income Fund (VEIF) - June Year End 1.27 1.32 1.13% [email protected] Vantage Dollar Fund (VDF) - June Year End 1.09 1.09 0.17% ANCHORIA ASSET MANAGEMENT LIMITED [email protected] LOTUS CAPITAL LTD fi[email protected] Web:www.anchoriaam.com, Tel: 08166830267; 08036814510; 08028419180 Web: www.lotuscapitallimited.com; Tel: +234 1-291 4626 / +234 1-291 4624 Fund Name Bid Price Offer Price Yield / T-Rtn Fund Name Bid Price Offer Price Yield / T-Rtn Anchoria Money Market 100.00 100.00 3.32% Lotus Halal Investment Fund 1.41 1.43 3.47% Anchoria Equity Fund 134.16 135.69 0.86% Lotus Halal Fixed Income Fund 1,135.22 1,135.22 4.61% Anchoria Fixed Income Fund 1.09 1.09 -17.95% ARM INVESTMENT MANAGERS LTD [email protected] MERISTEM WEALTH MANAGEMENT LTD [email protected] Web: www.arm.com.ng; Tel: 0700 CALLARM (0700 225 5276) Web: http://www.meristemwealth.com/funds/ ; Tel: +234 1-4488260 Fund Name Bid Price Offer Price Yield / T-Rtn Fund Name Bid Price Offer Price Yield / T-Rtn ARM Aggressive Growth Fund N/A N/A N/A Meristem Equity Market Fund 11.43 11.48 9.17% ARM Discovery Balanced Fund N/A N/A N/A Meristem Money Market Fund 10.00 10.00 8.10% ARM Ethical Fund N/A N/A N/A PAC ASSET MANAGEMENT LTD [email protected] ARM Eurobond Fund ($) N/A N/A N/A Web: www.pacassetmanagement.com/mutualfunds; Tel: +234 1 271 8632 ARM Fixed Income Fund N/A N/A N/A Fund Name Bid Price Offer Price Yield / T-Rtn ARM Money Market Fund N/A N/A N/A PACAM Balanced Fund 1.63 1.66 7.29% AVA GLOBAL ASSET MANAGERS LIMITED [email protected] PACAM Fixed Income Fund 11.53 11.59 -4.93% Web: www.avacapitalgroup.com PACAM Money Market Fund 10.00 10.00 3.95% Fund Name Bid Price Offer Price Yield / T-Rtn PACAM Equity Fund 1.63 1.64 3.03% AVA GAM Fixed Income Dollar Fund 105.19 105.19 3.42% PACAM EuroBond Fund 112.20 113.89 2.07% AVA GAM Fixed Income Naira Fund 1,009.04 1,009.04 0.90% SCM CAPITAL LIMITED [email protected] AXA MANSARD INVESTMENTS LIMITED [email protected] Web: www.axamansard.com; Tel: +2341-4488482 Web: www.scmcapitalng.com; Tel: +234 1-280 2226,+234 1- 280 2227 Fund Name Bid Price Offer Price Yield / T-Rtn Fund Name Bid Price Offer Price Yield / T-Rtn AXA Mansard Equity Income Fund N/A N/A N/A SCM Capital Frontier Fund 132.76 135.04 9.69% AXA Mansard Money Market Fund 1.00 1.00 9.67% SFS CAPITAL NIGERIA LTD [email protected] CAPITAL EXPRESS ASSET AND TRUST LIMITED [email protected] Web: www.sfsnigeria.com, Tel: +234 (01) 2801400 Web: www.capitalexpressassetandtrust.com ; Tel: +234 803 307 5048 Fund Name Bid Price Offer Price Yield / T-Rtn Fund Name Bid Price Offer Price Yield / T-Rtn SFS Fixed Income Fund 1.00 1.00 10.10% CEAT Fixed Income Fund 1.98 1.98 -15.10% STANBIC IBTC ASSET MANAGEMENT LTD [email protected] Capital Express Balanced Fund(Formerly: Union Trustees Mixed Fund) 2.06 2.10 -14.23% Web: www.stanbicibtcassetmanagement.com; Tel: +234 1 280 1266; 0700 MUTUALFUNDS CARDINALSTONE ASSET MANAGEMENT LIMITED [email protected] Fund Name Bid Price Offer Price Yield / T-Rtn Web: www.cardinalstoneassetmanagement.com ; Tel: +234 (1) 710 0433 4 Stanbic IBTC Balanced Fund 3,253.67 3,285.49 1.26% Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Bond Fund 231.33 231.33 2.88% CardinalStone Fixed Income Alpha Fund 1.02 1.02 1.82% Stanbic IBTC Ethical Fund 1.20 1.22 2.54% CHAPELHILL DENHAM MANAGEMENT LTD [email protected] Stanbic IBTC Guaranteed Investment Fund 304.34 304.34 3.29% Web: www.chapelhilldenham.com, Tel: +234 461 0691 Stanbic IBTC Iman Fund 220.11 223.40 0.86% Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Money Market Fund 100.00 100.00 7.64% Stanbic IBTC Nigerian Equity Fund 10,281.34 10,426.54 -2.03% Chapelhill Denham Money Market Fund 100.00 100.00 6.82% Stanbic IBTC Dollar Fund (USD) 1.26 1.26 3.00% Paramount Equity Fund 16.39 16.69 2.48% Stanbic IBTC Shariah Fixed Income Fund 114.81 114.81 3.36% Women's Investment Fund 135.82 137.39 2.06% Stanbic IBTC Enhanced Short-Term Fixed Income Fund 102.36 102.36 - CORDROS ASSET MANAGEMENT LIMITED [email protected] Web: www.cordros.com, Tel: 019036947 UNITED CAPITAL ASSET MANAGEMENT LTD Fund Name Bid Price Offer Price Yield / T-Rtn Web: www.unitedcapitalplcgroup.com; Tel: +234 01-6317876 Cordros Money Market Fund 100.00 100.00 7.12% Fund Name Bid Price Offer Price Yield / T-Rtn Cordros Milestone Fund 2023 117.37 118.11 United Capital Balanced Fund 1.29 1.31 0.88% United Capital Bond Fund 1.90 1.90 3.57% Cordros Milestone Fund 2028 N/A N/A United Capital Equity Fund 0.86 0.88 8.24% Cordros Dollar Fund ($) 107.22 107.22 United Capital Money Market Fund 1.00 1.00 9.85% CORONATION ASSEST MANAGEMENT [email protected] United Capital Eurobond Fund 118.95 118.95 3.94% Web:www.coronationam.com , Tel: 012366215 United Capital Wealth for Women Fund 1.06 1.07 3.74% Fund Name Bid Price Offer Price Yield / T-Rtn United capital Sukuk Fund 1.06 1.06 5.65% Coronation Money Market Fund 1.00 1.00 4.98% QUANTUM ZENITH ASSET MANAGEMENT & INVESTMENTS LTD [email protected] Coronation Balanced Fund 1.18 1.19 -1.82% Web: www.quantumzenith.com.ng; Tel: +234 1-2784219 Coronation Fixed Income Fund 1.36 1.36 -14.23% Fund Name Bid Price Offer Price Yield / T-Rtn EDC FUNDS MANAGEMENT LIMITED [email protected] Web: www.ecobank.com Tel: 012265281 Zenith Equity Fund 12.88 12.99 8.53% Fund Name Bid Price Offer Price Yield / T-Rtn Zenith Ethical Fund 14.14 14.27 15.75% EDC Nigeria Money Market Fund Class A 100.00 100.00 6.27% Zenith Income Fund 24.19 24.19 0.88% EDC Nigeria Money Market Fund Class B 1,000,000.00 1,000,000.00 3.93% Zenith Money Market Fund 1.00 1.00 5.55% EDC Nigeria Fixed Income Fund 1,130.24 1,143.60 -1.92% REITS FBNQUEST ASSET MANAGEMENT LTD [email protected] Fund Name NAV Per Share Yield / T-Rtn Web: www.fbnquest.com/asset-management; Tel: +234-81 0082 0082 SFS REIT 124.34 10.09% Fund Name Bid Price Offer Price Yield / T-Rtn Union Homes REIT 51.61 2.31% FBN Fixed Income Fund N/A N/A N/A EXCHANGE TRADED FUNDS FBN Balanced Fund 190.32 191.64 1.40% Fund Name Bid Price Offer Price Yield / T-Rtn FBN Halal Fund 111.25 111.25 8.20% Lotus Halal Equity Exchange Traded Fund 13.27 13.37 0.41% FBN Money Market Fund 100.00 100.00 9.34% SIAML Pension ETF 40 125.77 128.80 4.55% FBN Nigeria Eurobond (USD) Fund - Retail 126.14 126.14 3.59% Stanbic IBTC ETF 30 Fund 99.22 101.33 -0.02% FBN Smart Beta Equity Fund 156.81 158.98 3.73% MERGROWTH ETF 18.01 18.11 FCMB ASSET MANAGEMENT LIMITED [email protected] MERVALUE ETF 18.16 18.26 Web: www.fcmbassetmanagement.com; Tel: +234 1 462 2596 VETIVA FUND MANAGERS LTD [email protected] Fund Name Bid Price Offer Price Yield / T-Rtn Web: www.vetiva.com; Tel: +234 1 453 0697 Legacy Money Market Fund 1.00 1.00 4.71% Fund Name Bid Price Offer Price Yield / T-Rtn Legacy Debt Fund 3.95 3.95 2.19% Vetiva Banking Exchange Traded Fund 3.95 3.99 4.64% Legacy Equity Fund 1.57 1.60 2.85% Vetiva Consumer Goods Exchange Traded Fund 5.90 5.98 3.65% Legacy USD Bond Fund 1.18 1.18 3.79% Vetiva Griffin 30 Exchange Traded Fund 17.38 17.48 7.09% FSDH ASSET MANAGEMENT LTD [email protected] Vetiva Money Market Fund 1.00 1.00 5.20% Web: www.fsdhaml.com; Tel: 01-270 4884-5; 01-280 9740-1 Vetiva Industrial Goods Exchange Traded Fund 19.14 19.34 -6.71% Fund Name Bid Price Offer Price Yield / T-Rtn Vetiva S&P Nigeria Sovereign Bond Exchange Traded Fund 150.21 152.21 -31.38% Coral Balanced Fund 3,671.63 3,722.77 -1.96% INFRASTRUCTURE FUND Coral Income Fund 3,358.16 3,358.16 2.50% Fund Name NAV Per Share Yield / T-Rtn Coral Money Market Fund 100.00 100.00 5.57% Chapel Hill Denham Nigeria Infrastructure Debt Fund 107.52 13.11% The value of investments and the income from them may fall as well as rise. Past performance is a guide and not an indication of future returns. Fund prices published in this edition are also available on each fund manager’s website and FMAN’s website at www.fman.com.ng. Fund prices are supplied by the operator of the relevant fund and are published for information purposes only. THISDAY • TUESDAY, JULY 20, 2021 35 NEWSXTRA Oando, SEC Enter Settlement after Four Years of Dispute Goddy Egene the commission to suspend them saying both parties believe that a reached by the parties seeks to is in compliance with all governing information as well as vote on in 2019 following the conclusion settlement was the most appropriate prevent further market disruption statutes. company affairs. This has been of investigations into allegations course of action and one that was and harm to Oando Plc’s sharehold- “In the immediate, the Company an extraordinary time in the life Oando Plc has entered into a of mismanagement by some in the best interest of the company, ers. As a result, Oando’s directors will be convening its 42nd Annual of the Company and a defining settlement with the Securities and shareholders of the company in 2017. its employees, shareholders as well and management team can now General Meeting (AGM) to give moment in its relationship with Exchange Commission (SEC) of The commission had ordered as the capital market. fully focus on business operations its shareholders the opportunity the regulator,” the integrated energy all matters that were subject of Oando Plc’s Group Chief Execu- “Specifically, the settlement whilst continuing to ensure that it to exercise their rights to receive company said. litigation and other issues relating tive Officer, Mr. Wale Tinubu, the to a dispute that started in 2017. Deputy, Mr. Omamofe Boyo and Oando disclosed this in a notifica- other board members to resign and tion the Nigerian Exchange Limited had ordered that an Extra-Ordinary (NGX) yesterday, a development General Meeting be convened to that was confirmed by SEC in a appoint new directors. But Tinubu statement, saying the settlement and Boyo took the apex regulator to is in the overriding interest of the court and the matter had remained shareholders of the company and in court. the capital market. However, Oando yesterday said it Some directors of Oando had had entered a settlement with SEC, taken SEC to court over decision of Alleged N29bn Fraud: You Have Case to Answer, Court Tells Nyako, Son

Alex Enumah in Abuja “I have calmly, carefully, and painstakingly scrutinised the evidence adduced by the 21 Justice Okon Abang of the Federal witnesses in chief and under High Court sitting in Abuja has cross-examination, including the ordered a former Governor of oral and written arguments of Adamawa State, Vice Admiral all the defendants. Murtala Nyako (rtd.) to enter “I have again carefully and his defence in the alleged N29 painstakingly considered the billion money laundering charge evidence of the 21 witnesses DELIVERED AHEAD OF 2023… preferred against him by the and the massive documentary Delta State Governor, Dr. Ifeanyi Okowa (left), receiving a copy of the address as presented by the Delta State Resident Economic and Financial Crimes evidence and the extrajudicial Electoral Commissioner (REC), Pastor Monday Udoh Tom, when he led some INEC officials on an advocacy visit on the Commission (EFCC). statements of the defendants. Continuous Voter Registration (CVR) exercise to the governor in Government House, Asaba...yesterday The News Agency of Nigeria “I have carefully considered (NAN) reported that Justice the legal arguments of all the Abang gave the order yesterday, counsel for the defendants, their while ruling on the no-case written and oral arguments, and submission filed by the former the argument of the prosecution S’west Attorneys -General Demand Adamawa State governor, his son in this ruling Abdul-Aziz and other defendants “It is my humble but firm in the matter. view that the prosecution has Power Devolution, State Police, Others The other defendants are: established a prima facie case Zulkifik Abba, Abubakar Aliyu, against the defendants and they Victor Ogunje in Ado Ekiti On the federal system of in Ado Ekiti, Ekiti State capital. commitments of their respective Blue Opal Limited, Tower Assets are required to enter their defence government being practised in The meeting had in attendance, states to financial autonomy for Management Ltd and Crust immediately.” Nigeria, they called for power Fapohunda; Mr. Akingbolahan their judiciaries and legislatures. Energy Ltd. The judge held that the no-case The Attorneys General and devolution for states to be more Adeniran, Attorney-General The AGs commended the South The judge said that he had submission filed by the defendants Commissioners for Justice of the powerful, while also advocating Commissioner for Justice, West Governors Forum for its painstakingly perused the evi- lacked merit and he accordingly South-west region have called for the state police to tackle the Ogun State; Mr. Oluwafemi proactive steps in the resolution dence given by the 21 witnesses dismissed it. for the creation of state police hydra-headed insecurity problems Akande, Attorney-General and of the issue of financial autonomy called by the prosecution and was He adjourned the matter until and devolution of powers in the confronting the nation. Commissioner for Justice, Osun for the judiciaries in the South of the view that the prosecution October 4, October 5, October 7, country. They spoke yesterday via a State; Sir Charles Titiloye, Attorney- West states and the adoption of had established a prima facie case and October 8 for the defendants They have also promised communique issued and signed General and Commissioner for a template for its implementation. against the defendants. to open their case. that relevant legal steps will be by the Attorney General and Justice, Ondo State and Moyosore The communique partly read: taken by the six states in the Commissioner for Justice in Ekiti Onigbanjo(SAN) ,Attorney-General “We also welcome the passage of region for expeditious and robust State, Mr. Wale Fapohunda, after a and Commissioner for Justice, the Judicial (Funds Management) implementation of autonomies for meeting of the six South-west AGs Lagos State. Fapohunda stated Bill, 2021 by the Ondo and Ogun Eid-el-Kabir: FAAN Bars their legislative and judicial arms. and Commissioners for Justice, held that the AGs reaffirmed the States Houses of Assembly. Protocol Officers, Orderlies from Airports Masari Kicks against Intervention of Foreign Chinedu Eze play host to air travellers during and after the celebration. Powers in Nigeria’s Affairs “To ensure safe, healthy and in Katsina The Federal Airports Authority Francis Sardauna citizen, especially all those who Abdu Labaran Malumfashi, noted interfere in the nation’s internal seamless facilitation of our highly are the foremost beneficiaries that as a sovereign nation, Nigeria affairs, following the security of Nigeria (FAAN) has said it esteemed passengers during this would not allow protocol officers of the commonwealth, should deserves the respect of foreign situation in the country. celebration, the Authority has The Katsina State Governor, encourage foreign powers to nations whatever their status on He argued that instead of and orderlies of dignitaries into put necessary safety measures in Hon. Aminu Bello Masari, has airports during the Eid-el-Kabir interfere in the internal affairs the global stage may be. clamouring for such interference, place, particularly with respect said those asking international of their nation, regardless of its According to the statement, the the Nigerian elite should be more period except they are travelling to the Covid-19 protocols laid bodies and foreign powers to alongside their principals. adversities. governor spoke against the back- supportive of the federal govern- down by relevant Government meddle in the internal affairs of Masari, in an Eid-el-Kabir drop of recent calls by prominent ment by avoiding unpatriotic FAAN said this in a statement agencies. Nigeria are unpatriotic Nigerians. issued yesterday, adding that message issued yesterday by Nigerians, on international bodies conduct that may cast the country “Other facilities are also He added that no responsible his Director General, Media, Mr. and foreign powers to forcefully in bad light. airport security architecture has functioning optimally, while our been strenghtened while measures airport security architecture has have been put in place in respect been strengthened to provide for to COVID-19 protocols laid down the expected increase in passenger Insecurity: Army Has Lived up to Expectations, Says COAS by government. traffic at the airports. in Abuja The statement titled, ‘FAAN “While we advise intending Kingsley Nwezeh of the Nigerian Army and their in Operations HADIN KAI, the welfare of police personnel Expresses Readiness For Eid-El- passengers to make early prepara- families on the occasion of Eid El HADARIN DAJI, THUNDER will continue to receive adequate Kabir celebration 2021”. STRIKE, WHIRL STROKE, and attention under his administration. Kabir,’ was signed by General tions towards completing their The Chief of Army Staff, Lieutenant General Farouk Yahaya, yesterday The statement partly read, “No all other operations the NA is “ It is important to reiterate at Manager, Corporate Affairs, Mrs. travel requirements in good time, doubt the nation is faced with engaged in, both in the country this point that the welfare of my Henrietta Yakubu. stated that the Nigerian Army has we also want to re-emphasise that lived up to expectations in tackling myriads of security challenges. The and abroad officers, soldiers and their families “As Muslim faithfuls prepare protocol officers and orderlies of insecurity in the country. Nigerian Army has so far lived up “Let me use this opportunity to will continue to receive adequate for the celebration of this year’s dignitaries will not be allowed Yahaya made this known to expectations and will continue once again pay special tributes to attention under my watch. Our Eid-El-Kabir, the Federal Airports into the airport except they are yesterday in a statement titled to remain focused on tackling these our colleagues who have paid the hospital facilities and services are Authority of Nigeria (FAAN) has travelling alongside their princi- “Goodwill message from Lieutenant challenges. supreme price in the defence of being improved upon and I am ever assured all airport users that the pals. Only travelling passengers General F. Yahaya, the Chief of “I, therefore, wish to specifically our fatherland. May their gentle determined to ensure the healthcare nation’s airports are fully ready to will be allowed into the airports.” Army Staff, to officers and soldiers recognise and appreciate the im- souls rest in peace, Ameen.” of personnel and their families both mense sacrifices of our troops The COAS also promised that within and outside the country.” 36 THISDAY • TUESDAY, JULY 20, 2021 NEWSXTRA South-South Not Part of Biafra, Says Clark Chuks Okocha in Abuja movement is dreaming. that the people of the East are being distributed per state, they will states are also part of the Biafra the Eastern Region of those days.” Speaking in an interview with being neglected. They have only have five. Others will have six while that IPOB is agitating for, Clark On Kanu’s rearrest, Clark said, “‘I BBC Pidgin on IPOB, Clark said, five states, whereas other regions North-West will have seven. This is said, “How can Delta be part of hope the Federal Government will Elder statesman, Chief Edwin “They are very unrealistic boys. have six. In fact, one has seven. despite the Igbo forming the third Biafra? In what way? Is Biafra older give him a fair, decent and open Clark, has rejected the inclusion of To me, IPOB is not pursuing the Based on what? Nobody knows. leg when this country was created or bigger than Delta? trial. Because, up till today, I do South-South in Biafra Republic by right thing.” “For every appointment that is “So, they have a good complaint, “How can Rivers State or Akwa not understand how the Federal the proscribed Indigenous People of “I told him(IPOB leader, Nnamdi being made in this country, the Igbo but going about it wrongly.” Ibom become part of Biafra? They Government got him back into Biafra (IPOB), saying the separatist Kanu) that he has a good fight, are shortchanged. If Universities are When asked if the South-South are dreaming for still thinking about Nigeria. 2023: Ekweremadu Optimistic About Electronic Transmission of Election Results Deji Elumoye in Abuja dichotomies. Every lawmaker is expected to vote in support Former Deputy President of the of what is best for the country, Senate, Senator Ike Ekweremadu, irrespective of political affiliation.” has expressed optimism that total The ranking Senator expressed transmission of election results his commitment will be adopted during the 2023 to work with other patriotic general election in the country. and progressive lawmakers to Ekweremadu, in a statement resurrect electronic transmission issued yesterday said he still has of results upon the resumption of faith that electronic transmission the National Assembly, starting of results will still be part of the from the point of harmonisation of 2023 general poll, adding that he the clauses passed by the Senate is not deterred by attacks on his and the House of Representatives. person by the uninformed over He has also enjoined those the outcome of the voting on the opposed to electronic transmission electronic transmission of results. of results to use the opportunity “Instead, I have faith that of the break to reflect on the issue IT’S NICE TO MEET YOU… and return with the determination results of the 2023 elections L-R: Chief of the Naval Staff, Vice Admiral Awwal Gambo (left), presenting a souvenir to the Registrar/Chief Executive Officer, will ultimately be electronically to do what is best for the nation, transmitted because it is the best more so when INEC has further Medical Laboratory Science Council of Nigeria (MLSCN), Dr. Tosan Erhabor, during the presentation of certificates of accreditation way to go. The issue of electronic affirmed that it has the capacity to the Nigerian Navy by the MLSCN at Naval Headquarters, Abuja…weekend transmission of results should not to do electronic transmission of be reduced to party or sectional results. Okowa Condemns N’Assembly’s Rejection Kano Police Arrest 10 for Allegedly Hacking Bank of e-Transmission of Election Results Sylvester Idowu in Warri his management team on an rejection of electronic transmis- vote during elections. We need Accounts advocacy visit on Continuous sion of election results could to change the narrative of many Delta State Governor, Dr. Ifeanyi Voter Registration (CVR), Okowa deter the country’s effort Nigerians that whether they vote in Kano Ibrahim Shuaibu Idris, Salim Sani, Umar Muham- Okowa, yesterday decried said that the lawmakers’ action at attracting Foreign Direct or not, results will still come mad, Yusuf Ibrahim, Aminu National Assembly’s rejection could be interpreted that there Investments (FDIs). out the way they want it. The police in Kano State have Lawan, Jibril Aliyu, Hauwa of electronic transmission of elec- was a plan to rig elections. According to him, Nigerians “I want to specially con- confirmed the arrest of eight men Abubakar and Aisha Abubakar. tions results through the votes of He, however, commended must truly appreciate INEC for gratulate the INEC Chairman and two women for allegedly “They all reside in Sheka most members of both chambers Independent National Electoral the fact that on a daily basis for coming out to insist that belonging to a syndicate that quarters, Kano and were arrested of the parliament against that Commission (INEC) for its efforts the electoral body was thinking INEC has the capacity to truly specialises in hacking individuals’ in connection with electronic card- clause in the Electoral Act. at ensuring the credibility of of the best ways to move the transmit election results and I bank accounts to withdraw money. related fraud,” Haruna-Kiyawa Speaking when he received the electoral process and for electoral system forward. do not see any reason why any The state Police Public Rela- said. the Resident Electoral Com- declaring that it had capacity “Once Nigerians trust our Nigerian would want to vote tions Officer, DSP Abdullahi He said that the suspects missioner (REC) in the state, to transmit results electronically. electoral process, many Nigerians for non-transmission of election Haruna-Kiyawa, disclosed this confessed to hacking various Pastor Monday Udoh-Tom and The governor warned that will come out to register and results. in a statement in Kano. individuals bank accounts and “On July 14, at about 23:50hrs, withdrawing various amounts a team of policemen led by DSP of money. Kabir Wali working on credible The Commissioner of Police, information arrested the suspects Mr Sama’ila Shu’aibu-Dikko, he Buhari will Leave Nigeria More United, in a hotel in Kano metropolis. said, has ordered for discreet “The suspects are Umar Aminu, investigation into the matter Muhammad Muhammad, Kabiru He added that the suspects Peaceful, Says Gambari Hammed Shittu in Ilorin round the Buhari’s administration of our people. So at the end of Strategy, Abdullateef Alakawa, to ensure its success his tenure, Nigeria will be more and Alh Sa’adu Salahu, among Ogun Police Arrest Suspect for The Chief of Staff to the President, “This period is an opportunity united, more peaceful and more others. Prof. Ibrahim Gambari has said to reflect on the state of our coun- prosperous,” he said. He applauded the state Kidnapping Military Officer that the president will bequeath try and to give maximum support Gambari was received at the government for according him a better and united Nigeria. to our President, Muhammadu Ilorin International Airport by befitting reception, saying: “I am Kayode Fasua in Abeokuta Divisional Police Officer, Sango He emphasised that Buhari Buhari, because his success is our a high-powered delegation of grateful to the Almighty Allah Ota divisional headquarters, CSP will leave the country more success and by the grace of God state government officials led by for giving me life and health to with all the programmes and Kwara State Deputy Governor, be able to come back to the city The Ogun State Police Com- Godwin Idehai that vigilante men peaceful and more prosperous. are having issues with an army Gambari gave the assurance projects he has embarked upon, Mr. Kayode Alabi; Speaker of of my birth as this is where all mand has arrested a suspect for in economic spheres, political the State House of Assembly, my trajectories occurred, and for kidnapping a military officer and officer at Odo Pako area of Ota. in Ilorin, Kwara State, during his “Upon the report, the DPO official visit to his hometown. spheres and social spheres will Yakubu Danladi-Salihu; Special the state government for this stripping him off his uniform materialise for the betterment Advisers on Political Matters and heroic reception. and using it to commit a crime. led his team to the scene where He urged Nigerians to rally The incident occurred at Odo the suspect, who dressed in full Pako Ota, in Ado Odo Ota Local military camouflage uniform with Government Area of Ogun State. the rank of W02 but could not give a satisfactory account of Court Grants Bail to 48 Yoruba Nation Agitators The suspect was alleged to Segun James eye granted them bail yesterday granted bail on self-recognisance or clergy. Both sureties must have have made an attempt to snatch himself, was apprehended and brought to the station. after listening to the application to one of the agitators who was proof of tax payment which is to a Dane gun from a vigilante by their counsel, Mr. Olasupo Ojo. a lawyer. be verified by the police. operative. “Upon interrogation, the A Chief Magistrate Court sitting suspect was unable to give an Ojo had argued amongst other The 48 others were granted The Lagos Police Command The police spokesperson in the Yaba area of Lagos has things that there was no charge bail in the sum of N300,000 each had paraded all 49 suspects ar- in the state, DSP Abimbola account of how he got the military granted bail to 48 Yoruba nation uniform, or address of the unit yet preferred against the agitators with two sureties. rested in connection with Oodua Oyeyemi said the suspect Waliu agitators arrested and detained by the police. The court held that one of the Republic mega rally at Ojota. Oloyede was arrested following where he is serving, hence he by the Lagos Police Command. was detained for impersonation” At the last sitting of the court sureties must be a family member Those paraded include 47 men a distress call received by the Chief Magistrate Adeola Adey- on July 5, the Magistrate had and the other a community leader and two women. THISDAY • TUESDAY, JULY 20, 2021 37 NEWSXTRA Court Orders INEC to List Ozigbo, Soludo as PDP, APGA Governorship Candidates in Anambra Conflicting order recognises Uba as PDP candidate David-Chyddy Eleke in Awka in Awka has ordered the INEC to officer of Transnational Corpora- of the party in the primary election Development Centre, Awka. Maitama seeking an order restraining list Senator Ugochukwu Uba as tion of Nigeria, secured 62 votes which was held on Saturday, June Ozigbo had approached a federal the PDP from “tampering” with his the state governorship candidate to emerge as the standard-bearer 26, 2021, at Dora Akunyili Women capital territory (FCT) high court in name as the authentic candidate. A Federal High Court in Awka, of the PDP. the Anambra State capital has The court was presided over by ordered the Independent National Justice Obiora Nwabunike. Electoral Commission (INEC) to Also, a high court in Awka publish the name of Valentine presided over by Justice Chukwudi Ozigbo as the candidate of the Okaa yesterday ordered INEC to Peoples Democratic Party (PDP) enlist Prof. Chukwuma Soludo for the November 6 Anambra State as the governorship candidate of governorship election. the All Progressives Grand Alliance However, in a conflicting judg- (APGA) in the state. ment, an Anambra State High Court Ozigbo, a former chief executive Air Peace Unveils New E195-E2 for Service Delivery Chinedu Eze mitment to giving the flying public world-class flights and services. “Air Peace cares so much Nigeria’s major carrier, Air Peace, about the comfort of its customers has officially deployed its brand and that explains why we keep new Embraer 195-E2 airplanes investing in brand new aircraft for scheduled flight operations. to give the average passenger a The three ultramodern 124-seater memorable experience to look jets, which were delivered in the forward to on-board. This fleet first half of 2021, commenced expansion is also driven by our service on July 19, 2021, amid ambition to provide numerous fanfare and excitement. connections for the flying public,” The spokesman of the airline, Olisa said. Stanley Olisa, in a statement He said the first set of passengers disclosed that the airline was who flew on the E195-E2 aircraft COURTESY VISIT… delighted to finally launch into were thrilled with multiple bags service the brand new Embraer of goodies, and they expressed L-R: Director General, Industrial Training Fund (ITF), Mr. Joseph Ari, presenting a souvenir to the Resident Electoral aircraft, adding that the acquisition excitement over the unparalleled Commissioner, Independent National Electoral Commission (INEC), Plateau State, Mr. Hussaini Pai, during the visit of the of the aircraft was Air Peace’s com- comfort they experienced on-board. commissioner to ITF in Jos…yesterday Buhari Appoints PDP: Ortom, Wike, Secondus Meet Wushishi as Substantive in Makurdi Registrar of NECO Police confirm killing of three aid workers in Makurdi Kuni Tyessi in Abuja and the appointment letter of Wushishi George Okoh Ortom, who addressed jour- He explained that the realign- to address the insecurity in the Laleye Dipo in Minna was signed by the Minister of nalists at the end of the meeting, ment had been ongoing within country perpetrated by herdsmen Education, Malam Adamu Adamu. As part of efforts to rebuild the said it was the process to sustain the party with several meetings based on its body language. The letter with reference number: Peoples Democracy Party (PDP), the confidence Nigerians have in held in different states, stressing He lamented that one of his President Muhammadu Buhari FME/PSE/NECO/1078/C.1/36 Benue State Governor, Samuel the PDP with a view to winning that more of such meetings would relations, who was a 200 level has appointed Professor Ibrahim dated July 16, 2021, said the ap- Ortom, yesterday met with his the 2023 general election. hold in months to come. undergraduate at the Benue State Dantani Wushishi as the substan- pointment is for an initial period Rivers State counterpart, Mr. According to him, “This is a Speaking on insecurity, the University Makurdi, was also tive registrar and chief executive of five years effective from July Nyesom Wike, and the National family meeting for us to reason governor condemned the killing killed in the attack, pointing out officer of the National Examination 12, 2021. Chairman of the party, Prince together in order to make our of two humanitarian health that the killers used one of the Council (NECO). The statement, which was Uche Secondus, at Benue Peoples party more vibrant because workers and six others in Guma workers’ phone to send words Wushishi replaces Professor signed by Azeez Sani, head of House in Makurdi, the Benue Nigerians are waiting for us to Local Government Area of the that they would continue to kill Godswill Obioma, who died Public Relations and Information, State capital. take over the mantle of leadership state by militia herdsmen, saying until the ranching law of the about two months ago. said the new appointee is a Profes- at the centre in 2023.” the presidency is not yet ready state was repealed. A statement confirming the sor of Science Education at the appointment of the new Registrar Federal University of Technology made available to journalists in Minna, Niger State, before his Minna, Niger State, yesterday said appointment. CAN Condemns Attack on Dunamis Church Onyebuchi Ezigbo in Abuja those who were arrested and are to a political arena. call, and were handed over to in its custody over the unlawful “According to reports which the Department of State Service Convention: APC Programmes actions on humanitarian grounds. we received from the church, (DSS) operatives. The leadership of the Christian In a statement issued yesterday which corroborated our find- CAN, however, said it was Association of Nigeria (CAN) has will be Executed as Scheduled, by the General Secretary of the ings, some youths came to the not questioning the legality or condemned the recent invasion body, Daramola Bade Joseph, church premises on July 4, 2021, otherwise of the inscription on of Dunamis Gospel International CAN said their actions were wearing branded T-shirts with their T-shirts during the altar call. Says Buni Centre in Abuja by some youths ungodly, unbiblical, unacceptable, the inscription ‘BUHARI MUST However, it said immediately in Abuja who were protesting against the Adedayo Akinwale Mamman Mohammed, said the unprecedented, reprehensible and GO’ and participated in the first after the departure from the altar, government while the Sunday period of Eid-el-Kabir calls for a provocative. of the three services conducted. the youths swung into protest service was ongoing. The Chairman, Caretaker/Ex- deep reflection into the lessons of He added: “We wondered what “The church denied that the blaring trumpets and saxophones CAN, however, urged the traordinary Convention Planning devotion, sacrifice and obedience could have led those misguided protesters were arrested when right from the exit door of the concerned security agency to release Committee of the All Progressives as exemplified by the willingness youths to turn a place of worship they came out to answer the altar church. Congress (APC) and Governor of of Prophet Ibrahim to sacrifice Yobe State, Mai Mala Buni, has his son, Ismail. assured his party members that He said: “The Caretaker the committee would execute Extraordinary Convention Big Brother Naija Season 6 to Have Two Launch Shows its programmes as scheduled Planning Committee would with sense of commitment and ensure the programmes of the Vanessa Obioha organisers are keeping the new not have any contact with anyone primary project is to provide patriotism. party are meticulously executed look of the house, the number of outside the house as well as a access to our content to as many He added that the committee with every member given a sense In a new twist, the organisers housemates as well as the season’s no-audience live shows. families as possible. “We asked is committed to building a strong of belonging. of Big Brother Naija yesterday theme a secret. Also, there will be no text mes- ourselves if we really need the political party that would stand “We are committed to build- announced that the sixth season However, they disclosed that sage voting this season. Viewers text message voting as opposed to the test of time to win elections. ing a strong political party that would have two launch shows. the housemates would stay in can only vote via the DStv and giving access to many Africans as Buni in a statement issued would stand the test of time The launch show will begin on the house for 72 days, and while GOtv apps and website. possible. We want people to have yesterday by his Director-General to win elections and make us July 24, 2021, and run till July 25. adhering to the COVID-19 safety The chief customer officer access to vote for the housemates of Press and Media Affairs, Mr. proud.” Also, to build suspense, the guidelines, the housemates will of Martin Mabutho said: “Our as much as they can.” 38 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY Group Sports Editor Duro Ikhazuagbe Email [email protected] THURSDAYSPORTS 0811 181 3083 SMS ONLY Iheanacho Dreams Big with Leicester City, Wants EPL Title Femi Solaja with agency report

Super Eagles striker Kelechi Iheanacho is optimistic Leicester City will achieve their Premier League objectives in the new campaign. The towering attacker was in a good form in the 2020/21 season and went on to score 19 goals for the Brendan Rodgers-led team. "Obviously, I scored goals last season," Iheanacho told the club's official portal yesterday. "I think, this season, we really need to do more and focus on our games. I have a good feeling that this season, it might fall for us and we will get what we want. As I said before, we need to concentrate and focus on the games, one after the other and hopefully, we will get there in the end. "I pray for more goals, but most importantly, more wins and more points." The 24-year-old also expressed his feelings after re-joining the former league champions for the pre-season. "It feels good, it is sunny! I am happy to be back. Pre-season is L-R: Leicester City’s stars, Youri Tielemans, Kelechi Iheanacho and Johnny Evans celebrating one of Foxes bright moments of the 2020/2021 English on, so you know what it means: Premier League season. Now, Iheanacho is dreaming of winning the league title this new season running, running, running!" Iheanacho continued. “As you are representing "Of course, it’s good to be back. Nigeria, you are representing Now, we need to concentrate on NOC President Tasks Team Nigeria to be yourselves and your families as the work that we have ahead. We well. So, it's extremely important just need to focus and get through you all represent well. Worthy Ambassadors at the Games “Your whereabouts before, the pre-season and focus on the Nigeria Olympic Committee, on Sunday said: “I have to new season. The President of the Nigeria during, and after the Games Phemmy Adetula, quoted Gumel congratulate every athlete are key to us at the Nigeria "It is good to be back with this Olympic Committee (NOC), TOKYO 2020 as describing the country’s athletes representing Nigeria at this games. Habu Ahmed Gumel, has charged Olympic Committee and, we special group of lads. We are like and officials as the most important You are our worthy ambassadors implore you to stay clean and Team Nigeria’s delegation to of country at the multi sports personalities to him at the Games. who have toiled day and night a family. We are all friends, so it the Olympic Games in Tokyo, global fiesta. win clean medals,” observed the is always good to be back with Gumel, who on his arrival to qualify to represent our great NOC chief. Japan, to be worthy ambassadors Public Relations Officer of the at the Narita Airport in Tokyo country. everybody. We are hoping we will Gumel thanked President be back fit and strong so we can Muhammadu Buhari for his work together again. fatherly role in making the Hybrid Saharalympics Sparks Excitement as Season Four Begins athletes have a sense of belonging "I am happy, coming back here, as they will be competing at the and hopefully we will enjoy it and Leading energy conglomerate, its debut in 2014 and has ever Downstream, Infrastructure and the Saharalympics. games. Also, he appreciated even enjoy the running as well!" Sahara Group has commenced since become a flagship event Technology businesses compete While Saharians will the working relationship and Leicester had narrowly Season 4 of the Saharlympics, at Sahara Group that reinforces for medals and glory. Games smile home with individual understanding between the which is the Group's biennial the role of sports in enhancing for the online version of the medals, ultimately, just like the Federal Ministry of Youths missed out on qualifying for the sporting competition that excellence, team performance Saharlympics include Chess, conventional Olympic Games, Champions League after finishing and Sports Development and features several games contested and sustainability. Scrabble, PlayStation Football everyone is a winner with the the NOC. fifth with 66 points, a point less by employees across Africa, “This Season 4 is particularly and Need for Speed, and Saharalympics," Obioma added. He stressed that the relationship than Chelsea who finished fourth. Asia Europe and the Middle special for us as it coincides Kahoot. The Saharalympics also has geared the athletes for a good They won 20 out of the 38 East. with the celebration of Sahara's Football, athletics, volleyball, involves the participation of outing in Japan. matches they played, drawing Head Corporate Communica- 25 years of transformative basketball and other novelty prominent sports men and Team Nigeria with 58 athletes, tions, Sahara Group, Bethel impact and leadership in games will be played during women in line with Sahara will compete in nine spor9ts at six and losing 12. They scored 68 Obiora, said the Saharalympics regional and global energy the physical games under Group's commitment to goals in the process and conceded the Olympic Games starting from is a celebration of "competive- sectors, " he said. strict compliance with celebrating and promoting 23rd July to 8th August. 50. City will be starting their ness and camaraderie" and Obioma said a hybrid Covid-19 protocol. The online excellence. Previous editions 2021/22 campaign with a home provides a platform for enhanc- approach had been adopted Saharalympics is underway. The featured Nigeria’s first match against Wolverhampton ing employee collaboration, for the 2021 edition that would physical edition will be held individual gold medalist at Wanderers. recreation, and productivity. see 16 teams from Sahara's in October. the Atlanta Games in 1996, "The Saharalympics made Power, Upstream, Midstream, "The excitement right now Chioma Ajunwa, 1996 400m in Sahara is palpable and our bronze medalist, Saharalympians are ready to Falilat Ogunkoya and former trade tackles and move fairly Super Eagles Captain, Joseph Police Officer, 11-year old Girl Shine and expertly in the spirit of Yobo. at Ijebu-Ode Heritage Half Marathon Femi Olusanya, a police In response to her courageous commended the athletes who Nigerian Referee, Madu, Passes officer and an 11-year old girl, act, Mr. Seleem Adegunwa, participated in the race and Abigael Ogunbowale, attained the Managing Director of Rite encouraged them to do same Fitness Test, Set for Action in Japan recognitions with other Kenya Foods Limited, makers of Bigi with such high spirit next year. The Nigeria Referees Association exposed to. nationals at the maiden edition Table Water, the official water “As the son of the soil, I will (NRA), is excited that one of Madu had on arrival in of the Ijebu-Ode Heritage Half for the race, rewarded Abigael continue to promote activities the country’s Tokyo last Wednesday tested Marathon powered by Rite Foods with N250, 000. that will bring honour to our top FIFA-badged female negative to COVID-19 at the Limited last Saturday. Adegunwa affirmed that it people by bringing events of referee, Patience Ndidiamaka port of entry and again was Although it was a clean sweep was a wonderful beginning, this nature home. Madu, has passed the fitness medically approved to participate for the Kenyans, Olusanya seeing a girl of such age “By our composition in test and has been selected as in the fitness tests two days later. became the “First Ijebu Man” to competing with international Nigeria, we are good at sports, part of the match officials to “The technical preparations complete the race while Abigael stars. He encouraged her to we just need to harness it so handle the football events of the had been quite intensive both became “a star” completing the sustain the stride. we can move to greater heights. Tokyo 2020 Olympic Games. in the theoretical as well as in 21-kilometre race at the Dipo He pointed out that Rite I was not surprised today to Spokesman of the NRA, the integrated components. She Dina Stadium in the ancient city. Foods was proud to identify see a 55-year-old man and an Kelechi Mejuobi, confirmed came out in Flying colours,” Apart from the popularly with worthy initiatives that add 11-year-old finishing the race. yesterday that Madu who is observed the NRA spokesman grassroots coach known as Buka value to lives, as demonstrated We are naturally gifted and only from the Enugu State Council yesterday. T in Ijebu, nobody, including in the just concluded Bigi soft need to improve on our talents.” of the referees body kept hopes Madu is one of the FIFA Abigael’s parents obliged her Drinks' sponsored Nigerian Idol He promised that his company alive on Sunday 18 July 2021 badged referees from Africa participation in the race, but she music reality show for budding intends to do more in sports morning in Tokyo Japan, as she selected to fill the continent’s Patience Ndidiamaka Madu... shocked all comers completing talents. with the Abeokuta Marathon passed all the pre-Games FIFA slot in the officiating crew for selected to oﬃciate at the half marathon. The Rite Foods boss also coming up later in the year. physical fitness tests they were the football events. Tokyo 2020 TUESDAY, ͺ͸˜ͺ͸ͺ͹˾THISDAY 39 SPORTS NBA Stars Dominate Team Nigeria’s Final Basketball Squads Brown who also doubles Chimezie Metu (Sacramento to the commencement of the Oderah Chidom, Victoria Duro Ikhazuagbe TOKYO 2020 as associate head coach of Kings) and Ike Nwamu (Samara, basketball event. Macaulay, Erica Ogwumike and Golden State Warriors in the Russia). D'Tigers are grouped against Amy Okonkwo to complete the The final rosters for Nigeria’s selected by Head Coach, NBA selected Josh Okogie The team which recorded Italy, Australia and Germany. list of D'Tigress team heading senior men and women’s Mike Brown is predominately (Minnesota Timberwolves), two famous wins against In the women’s 12-man list, to the oriental city of Tokyo. basketball teams were released dominated by players from the Miami Heat’s trio of Gabe USA (World number 1) and all eyes will be on Adaora The four players are in line yesterday with less than five American National Basketball Vincent, KZ Okpala and Argentina (number 4) before Elonu, Aisha Balarabe, Elizabeth to make their competitive debut days to the kick off the Tokyo Association (NBA) after one Precious Achiuwa. a loss to Australia in their last Balogun, Promise Amukamara, for Nigeria at the games. 2020 Olympic Games in Japan. month of intensive camping Also in the squad is Jahlil tune up game will also include Atonye Nyingifa, Ezinne Kalu, D'Tigress resumed Olympics D’Tigers final 12-man list in Sacramento and Las Vegas. Okafor (Detroit Pistons), Miye Ekpe Udoh who just completed Pallas Kunaiyi-Akpannah and Ify camping in February and played Oni (Utah Jazz) are all in line a move to Virtus Bologna in Ibekwe at the Olympics ahead series of tune up games as they to make their debut for Nigeria. the Italian Serie A. of their first game against USA are set to face USA, France and Jordan Nwora (Milwaukee According to the latest power on the 27th of July. host-Japan. Bucks) will join Caleb Agada ranking compiled by analysts, Coach Otis Hughley who led The five-month training till ‘Athletes’ Village Beds (Hapoel Be’er Sheva), Obi D'Tigers are rated fourth on the the team to the 2019 Afrobasket date remains the longest in the Not Strong for Sex’ Emegano (Fuenlbrada, Spain), power ranking with just a week win in Senegal also picked history of basketball preparation. The cardboard beds at the Tokyo which signal a commitment to Olympic Village are “sturdy”, sustainability, have come into organisers insisted yesterday question. after a report warned they were In January, manufacturer not strong enough for sex. Airweave said they can Irish gymnast Rhys withstand a weight of 200kg McClenaghan filmed himself and have been through rigorous jumping repeatedly on a bed to stress tests, after Australian prove the point, after the report basketball player Andrew in theNew York Post claimed the Bogut queried their durability. beds were deliberately flimsy “We’ve conducted to promote social distancing. experiments, like dropping “The beds are meant to be weights on top of the beds,” anti-sex. They’re made out of a spokesman told AFP. cardboard, yes, but apparently “As long as they stick to just they’re meant to break with two people in the bed, they sudden movements. It’s fake should be strong enough to – fake news!” he said in the support the load.” video posted on Twitter. Thousands of athletes will The official Olympics Twitter stay at the Olympic Village account thanked McClenaghan during the pandemic-delayed for “debunking the myth”, 2020 Tokyo Games, which start adding “the sustainable beds on Friday. are sturdy!” Despite warnings to “avoid The report in the New unnecessary forms of physical York Postwas based on a contact”, organisers are expected tweet, apparently tongue-in- to hand out 160,000 condoms. cheek, by US distance runner But the organising committee Paul Chelimo, who said the told AFP: “The distributed cardboard beds were “aimed condoms are not meant to be at avoiding intimacy among used at the Olympic Village.” athletes”. Instead they are supposed to Nigeria’s D’Tigers and D’Tigress ﬁnal squad lists for Tokyo 2020 were released ...yesterday “Beds will (only) be able be “brought back by athletes to to withstand the weight of a their respective home countries single person to avoid situations and to help them support the beyond sports,” he tweeted. campaign to raise awareness PSG, Atletico Target ‘Unsettled’ Liverpool Captain, Henderson It is not the first time the beds, (about HIV/Aids)”, it added. Jordan Henderson is facing an for Henderson and would like manager, would be loathe to uncertain future with a number TRANSFER the idea of re-uniting him with lose a man whom he has come of Europe's top clubs waiting to his former Liverpool team-mate to rely upon in some ways, pounce for the Liverpool captain. summer as Atletico Madrid and Gini Wijnaldum. particularly having seen the Henderson, the England Paris Saint-Germain are monitoring Henderson lifted the Champions influential Wijnaldum when his international, has entered the final the situation and will move for League in Atletico Madrid's Wanda contract expired. Klopp wanted two years of his contract at Anfield Henderson if the opportunity Metropolitano Stadium in June the Netherlands international to and his representatives held talks arises. 2019 and his hard-running qualities stay but Liverpool did not meet with the club's hierarchy about PSG manager Mauricio would also fit perfectly into Diego the demands and were prepared an extension before the European Pochettino is a huge fan of Simeone's system. to let him walk away. Championships. Henderson's aggressive style and The situation will come as a This is expected to be a busy But UK’s Sportsmail wants to add more dynamism to shock to supporters, who saw summer for Liverpool in terms understands the discussions were a squad that is being assembled Henderson lead their club to a of renegotiations with Alisson not fruitful and there is now an to win the Champions League. first domestic title since 1990, but Becker, Fabinho, Virgil van Dijk impasse; as things stand, there is The French side, who are also he would be prepared to move and Mohamed Salah all in line for no indication when - or if - talks seeking to wrestle back the Ligue if Liverpool give the indication new deals but Henderson now will resume. 1 trophy from Lille, would not they are ready to sell. finds himself in a position where The 31-year-old is one of only have any issues being able to pay Jurgen Klopp, Liverpool's he could move on. five players to have played 10 seasons in the Premier League for Liverpool and he has been a Hamilton Racially Abused Online driving force in the success that has been achieved during Jurgen after British Grand Prix Win Klopp's reign. Lewis Hamilton has been still question whether some just mean no one has to see this But there is now the real the target of racist abuse on don't get it. type of abuse. Jordan Henderson...wanted by PSG and others possibility that he will leave this social media after his victory "This is not acceptable and "No single thing will fix this at Sunday's British Grand Prix. we will react to it." challenge overnight but we're Hamilton received a 10-second Verstappen's team Red Bull committed to the work to keep penalty after a collision with title Racing said it was "disgusted and our community safe from abuse." English FA Commissions Independent rival Max Verstappen during the saddened" at the abuse directed Verstappen was taken to first lap of the race, which led towards Hamilton. hospital for precautionary Probe into Euro Final Mayhem to the Dutchman crashing out. "While we may be fierce checks after suffering an impact Mercedes, F1 and governing rivals on-track, we are all united of 51G in the crash, but was body the FIA condemned the against racism," the team said later released without any major The English Football Association marring the showpiece event. speak to all parties concerned abuse "in the strongest possible in a statement. "We condemn injuries. has commissioned an FA chiefs yesterday said they and include external experts. terms". racist abuse of any kind towards Hamilton's 10-second penalty independent investigation after had informed the Department "A key emphasis of the "These people have no place in our team, our competitors and saw him drop to fourth place ticketless fans fought their way for Digital, Culture, Media and findings will be to ensure that our sport," read a joint statement. our fans. after his pit stop, but the seven- into Wembley before the Euro Sport (DCMS) of the review lessons are learned and such "We urge that those responsible "There is never any excuse for time world champion fought 2020 final. over the weekend and vowed disgraceful scenes are never should be held accountable for it, there is certainly no place for it back to overtake Ferrari's Charles It has been reported that to identify those responsible for able to be repeated. their actions. in our sport and those responsible Leclerc with two laps remaining thousands of supporters gained the "disgraceful scenes" both "We continue to work with the "Formula One, the FIA, should be held accountable." to secure victory. entry to the stadium by storming before and during the match. relevant authorities in support the drivers and the teams are Facebook, which owns Verstappen later called the gates prior to Italy's win "We are determined to fully of their efforts to identify those working to build a more diverse Instagram, said in a statement: Hamilton"disrespectful" and against England. understand what happened responsible and hold them to and inclusive sport, and such "The racist abuse directed at "unsportsmanlike" for celebrating There were ugly scenes in the outside and then inside Wembley account." unacceptable instances of online Hamilton during and after the the win while the Dutchman stands and concourses during Stadium at the UEFA EURO 2020 Police have since released abuse must be highlighted and British Grand Prix is unacceptable lay in hospital. the game as fans with tickets Final on Sunday 11 July 2021," CCTV images of some of those eliminated." and we've removed a number The incident comes a week clashed with those who had the statement said. they want to question. Mercedes team principal Toto of comments from Instagram. after England footballers Marcus broken in. "We informed DCMS at the England trio Marcus Rashford, Wolff told BBC Radio 4's Today "In addition to our work to Rashford, Jadon Sancho and Outside Wembley, it has been weekend that an independent Jadon Sancho and Bukayo Saka programme: "We have seen it remove comments and accounts Bukayo Saka were targeted estimated that 200,000 people review led by Baroness Casey of were racially abused on social in the football in the European that repeatedly break our rules, with racist abuse on social media were in the area for a match Blackstock has been commissioned media platforms after penalties in Championship and the abuse there are safety features available, after they all missed a penalty with a 67,500 capacity, with to report on the facts and the decisive shoot-out following that is absolutely not acceptable, including comment filters and in the Three Lions' Euro 2020 the drunken and violent scenes circumstances involved. It will the 1-1 draw. and the same yesterday, and I message controls, which can final shootout defeat against Italy. T RU N Tuesday July 20, 2021TH & REASO Price: N250 MISSILE Okowa to N’Assembly “It’s actually very wrong. It gives the people the impression that people are out to rig elections from day one. It’s not the best for us as a nation and it sends wrong communication.” – Delta State Governor, Dr. Ifeanyi Okowa, deploring National Assembly for rejecting e-transmission of election results TUESDAY WITH REUBENABATI [email protected] Obi Cubana and the Oba Burial he sociology of death and funerals million Naira as contributions by his friends or extended family members? They were all is an important aspect of the African to bury his mother. He also received over 100 blanked out! Members of the Oba community cosmogony. Parents pray that their rams, and 400 cows, 46 out of that was supplied were advertised as crumb eaters. They struggled children should outlive them in order by one guy called Cubana Priest who not only to grab the Naira notes that were thrown into the to give them a befitting burial. They announced the donation but also said that was air. They stared at the money-miss-road invaders likenT this to the same manner when fire dies out just a tip of the iceberg. from a distance. When it was all over and the in the hearth, it is replaced by ashes, and when a Cubana himself did not disappoint. He wore waka-come-Cubana crowd left, they struggled banana tree withers, a sapling sprouts in its place. a diamond pendant that was valued at N50 over the left-over crumbs of cow-meat barbecue. When Africans die, it is believed that they have million. His mother’s casket, specially imported They were effectively reminded of their poverty. merely travelled to another realm, and become from wherever was said to have been about Obi Cubana would probably not visit that ancestors, and hence, a funeral ceremony is a N40 million. This celebration of money was community again until he needs to organise send-forth event. The death of a young person so unbelievable, the burial became a matter for another show-off. Would it not have been better however, is considered a tragedy. This is why social media punditry and the creation of emojis. if he built a hospital in his mother’s memory? such obituaries are prefaced with the solemn Some people said it was certain Obi Cubana’s Or a school? Or a church? And then the people declaration that “The wicked have done their mother was already in Heaven as a saint, sitting will remember her, and not how her son and his worst”, “We love you but the Lord loves you on the right-hand side of the Almighty. Nobody friends put money to shame at her funeral. And more” or “A Painful Exit.” The tone of the elegy has been to Heaven to confirm that, so we have who are these friends? The kind of names that at a funeral is thus a function of the circumstances no proof. Others said with the volume of money have been mentioned sound unfamiliar to me: of the death, or the religious inclination of the spent at the funeral, the Nigerian government E-Money, Internet Money, Pablo Cubana, Escoba, family as in “With Total Submission to the Will of should henceforth approach Obi Cubana for a Jowizaza, Livy, Cubana Priest. Is the Nigerian God…”, “Inna Lillahi wa inna Ilayhi Raji’un”. Age loan and stop disturbing China, IMF and the Immigration Service, in charge of aliens and is indeed a factor. If the dead lived up to an old, World Bank. Other observers were worried about expatriates, the Nigerian Identity Management ripe age, you are likely to see such announcements the source of the money that was being thrown Commission (NIMC) in charge of National Identity as “A Glorious Exit”, “With Gratitude for a Life around like confetti. Nigerian banks would also Registration and the Ministry of Internal Affairs, Well Spent” or “Ä Celebration of Life”. readily tell you that they don’t have new notes. in charge of Homeland Security, aware of the Among the Yoruba of the South West, the death Obi Cubana They give out dirty notes to their customers. But presence of these people inside Nigeria? Who are of an old man or woman is described as “oku there were more crisp, mint notes in circulation at they? And why do they spend money like that? eba”, that is - a transition that is worth celebrating, friends is remarkable: how a country lost its Oba over the weekend than in the entire Nigerian Not even Elon Musk, Jeff Bezos, Bill Gates, or with generous dollops of cassava paste. Other moral centre and has produced a generation banking system. And the notes were abused. Warren Buffet will throw money around like that! groups in the country also have varying patterns of new Nigerians who worship money, ego, The Central Bank Act of Nigeria – Sections The burial of Otunba Mike Adenuga’s mother of burying their dead. Among Muslims generally, kudi. The excitement generated among young 5, 21 (4-5) prescribe penalties for the abuse in 2005 has been compared to that of Cubana’s the burial of the dead is carried out swiftly in Nigerians who could not make it to Oba but of the country ‘s national currency. The law mother’s burial, and certainly Otunba Adenuga line with Islamic injunctions. The simplicity of who followed the event on social media and forbids the sale, purchase, and the plunking of should feel maligned. It is an unintelligent Muslim burials, the solemnity and dignity of became excited, is a measure of the extent of the Naira, and prescribes penalties: six months comparison. The point that has been made is it, is incomparable to anything else I have seen, the crisis that Nigeria faces. imprisonment or a fine of N50, 000 or both. that when Adenuga was burying his mother he even if Muslims in the South West of Nigeria, still By Friday, the spectacle had begun to unfold. The penalties are so light, I don’t think they donated a cow to every street in Ijebu-Igbo, his find an excuse to throw lavish parties that have Social media managers of the burial who mean anything to Cubana and his friends or home town. Yeah. But there were no drunkards more to do with the culture of the people, rather apparently had been engaged to do so – they their likes. And why should that bother them throwing bales of money on the streets or cleavage- than the religion. One dictionary describes the are called influencers – told us and showed anyway when the Oba funeral was attended by bearing women, bleached from head to toe, with Yoruba as the “fun-loving people of the South pictures, about the Obi Cubana Festival of Money. the same law enforcement officers who should artificial physiognomy and a mass of excessive West Nigeria.” But in general, the manner of The first of the videos that I saw was that of a know that it is an offence to abuse the Naira protoplasm, promenading here and there, with burials, the scope of the rites, the scale and tone, young man throwing Naira notes around, on (truth is: policemen joined others to collect the shameless, bedmatic display. Last weekend, we is a reflection of cultural norms and dominant the streets as if he was distributing candies to notes that dropped on the floor), and there saw a new definition of womanhood in Oba. values, at both community and individual levels children. The notes were in packs, crisp new were lawmakers and prominent politicians My point is about taste, class and values, not across Nigeria. What is noteworthy is how the notes, and as each bundle was thrown at the in attendance too. In fact, nobody should be melodrama, or the right of persons to live as loss of a beloved family member could suddenly crowd, people fell over themselves and rushed surprised if Cubana ends up as a Governor or they wish. And here, I also draw attention to the end up as a celebration, and the explanation to pick up pieces. This was like a John the Senator tomorrow. He has effectively used his burial about the same time of the mother of the for that is as complicated and diverse as the Baptist display. Many of Cubana’s friends and mother’s burial to prove a point: that he has former Managing Director of Access Bank, Aigboje Nigerian society itself. guests would soon arrive, and before they did, cash and the courage to spend it. Nigerians Aig-Imoukhuede, which took place in Lagos at In this regard, something happened last week, many of them posted on Instagram, the stacks worship money. And that was why throughout the Tafawa Balewa Square. The contrast is striking in Oba, Anambra State, Nigeria: the funeral of of money they were going to spend. Cartons the weekend: the popular saying was: who no but I bring it up because it also says something the mother of a man popularly known as Obi of Naira notes. In one post, a group of women dey Oba, na wahala him get? Women were about Nigeria: the emergence of two polarized Cubana, which would seem to be a metaphor were shown swimming in a pool, others were turned into objects and debased. Whoever had publics, both of seemingly strong weight and for the collapse of values in Nigeria generally, hanging around, scantily dressed, all looking like not seen his girlfriend or wife was advised to whose difference lies is the inherited future of the effect of poverty – spiritual, mental and they had adjusted their biological features. That go to Oba in Anambra State. And there was a our children because of the way Nigerian leaders physical – and how that pushes the people to is now standard practice among a category of particular video of one lady who collected up to have failed the people. The burial of Apostle Mrs desperate ends. The burial of Cubana’s mum Nigerian women. They do a breast job, acquire three big bags of money, by just picking money Aig Imoukhuede was a dignified, classy event may be seen as a form of celebration, she died a surgical, traffic-stopping butt, and they all from the floor like a mendicant! Nollywood attended by the Nigerian establishment from at 75, but it was a lavish send-forth that was look alike, fully bleached to their knuckles, with stars fell over themselves to be seen and heard. politics to business and civil society. It was the terribly obscene. The town of Oba has certainly fake hair, strange eyelashes that protrude like One respected actor even got so carried away celebration of a woman who achieved distinction never witnessed anything like that. Not even in pins, and of course foreign accents that have he began to act like an Area Boy on Instagram. in her own right and whose accomplishments the entire Anambra state has anyone organised a combination of every dialect from Wales to I won’t mention his name because he is a man in that regard were properly show-cased. The anything so loud and extravagant. This was not a mid-West America. I like very much. Money is a Devil in Nigeria. funeral was not about her first son, the banker, celebration of life. It was a celebration of Money. The boys by the pool threw money into the It turns even the most enlightened into clowns. investor, philanthropist, friend of every important Obi Cubana’s mother died in November 2020. It water and the girls scrambled to grab their share At Obi Cubana’s mother’s burial, so-called figure. It was, most appropriately, a celebration of took him more than seven months to plan the of the offering. This was the pattern throughout celebrities, some of these characters who describe her life. Nobody had any need to throw money burial and when he decided that it was time for the burial. Naira notes, sorry bundles of Naira, themselves as brands (whatever that means!) around. Even if Mrs Imoukhuede was a trader at the dead to be sent forth, his obvious intention were thrown about, sprayed, pasted so recklessly became ushers, bodyguards, “all-right-sirs” and Oyingbo market, there would have been no need was to organise the mother of all burials, such you would think this was a future Olympics videographers. Obi Cubana has every right to to turn her funeral into a festival of money. And that even the living would envy the dead and Game, in which the athletes were preparing for bury his mother the way he wants. But who is yet the richest and most influential Nigerians with wish to die. The only problem is that not many a Gold Medal. Obi Cubana himself was at the he? How did he make his money? How much the strongest pedigree were there. One weekend, Nigerians would rather die knowing that it is centre of it all. One lady, simply identified as tax does he pay to the Nigerian government? two burials, different tales! I leave it to you to not every one that would ever get that kind of Livy was shown in one video throwing so many The Oba burial is over now, but the only thing stretch the comparison. I have made my point: burial. Oba is ordinarily a quiet town of nine bales of money at Cubana that he exclaimed that anybody will remember is the Bacchanal orgy Nigeria is in trouble. Young Nigerians, products villages, located between the commercial town he would need a Chest X-Ray! The way money of money. I am not sure half of the people at of a failed leadership, worship money and fakery. of Onitsha and the industrial town of Nnewi. was being thrown like pieces of cement blocks, the event even know who Cubana’s mother The gentrified class train their children in the During the civil war, it was the last frontier of I also thought that an ambulance should have was. What kind of person was she? How did best schools abroad, but those same children will the Biafran Army. But that community will now been on standby. “Killed by money at Cubana’s she relate within the community? Did she even return to a country that would have been taken be remembered for a long time, for the burial mother’s burial” would have been an appropriate ever see, handle, spend, a bundle of crisp Naira over by the Oba crowd who are sadly, the future of the mother of a certain Obi Cubana. The role headline in the circumstance. The public was notes in her lifetime? Who are Obi Cubana’s of Nigeria. Obi Cubana, and Aig Imoukhuede, played by the social media, and by Cubana’s later informed that Obi Cubana got about 300 family members? Does he even have siblings our commiserations.

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