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PDP condemns attack on Buhari

January 30, 2023 by AFR Business

The Peoples Democratic Party (PDP) in the strongest terms condemns the attack on President Muhammadu Buhari today in Kano State by miscreants allegedly sponsored by the Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu.

This organized attack on the person of the President is outrightly treasonable and a sacrilegious assault on our national sovereignty which must be condemned by all.

Our Party is alarmed that this attack is part of APC Presidential Candidate’s alleged plot to undermine the Presidency, cause confusion, trigger violence in the country, disrupt the conduct of the 2023 general elections and derail our democracy; having realized that he cannot win in a peaceful, free and fair electoral process.

The PDP invites Nigerians to note how Governor Abdullahi Ganduje attempted to abridge President Buhari’s movement and even tried to stop him from visiting Kano State.

More disquieting is the fact that the APC Presidential Campaign sought to humiliate and harm President Buhari, while performing his official duties in Kano.

It should be noted that the APC Presidential Candidate has been displaying open aversion and making inciting statements against President Buhari since Mr. President’s declaration, in line with democratic best practice all over the world, that Nigerians should freely vote for any candidate and Party of their choice in the 2023 general elections.

The apparent frustration of Asiwaju Tinubu to resort to encourage or condone violence is fueled by his entitlement mentality, that it is his turn to be President, despite his numerous ineligibility (sic) and disability baggage (sic).

Nigerians are reminded about Asiwaju Tinubu’s infamous statement in London where he declared to his supporters that “political power is not going to be served in a restaurant, it is not served a la carte. It is what we are doing; It is being determined; you do it at all cost; fight for it, grab it, snatch it and run with it”.

Only recently, Asiwaju Tinubu further incited his followers against President Buhari at APC’s Presidential Rally in Abeokuta, Ogun State, where he accused Mr. President of attempting to subvert the electoral process.

It is now clearer why the APC Presidential Candidate brazenly established a militia code-named “the Jagaban Army” which is designed to undermine our national security, unleash violence on institutions of democracy and disrupt the electoral process.

The PDP counsels the APC Presidential Candidate to come to terms with the fact that Nigerians are determined to have free, fair and credible elections and that they are unwavering in their choice of the PDP Presidential Candidate Atiku Abubakar as the next President of our country.

Asiwaju Tinubu should note that no threat by any means can divert Nigerians from the path to rescue and rebuild our nation; which aspiration is embodied in Atiku Abubakar.

Diezani asks court to stop EFCC from selling assets

January 30, 2023 by AFR Business

Former Minister of Petroleum Resources, Diezani Alison-Madueke, has prayed the Abuja Division of the Federal High Court to vacate an order granted to the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets.

Ms Alison-Madueke, in an originating motion, sought an order extending the time to seek leave to apply to the court for an order to set aside the EFCC’s public notice issued to conduct a public sale on her property.

The anti-corruption agency had planned to conduct a public sale of all assets seized from Ms Alison-Madueke from January 9, as contained in its public notice following various court judgments or orders issued in favour of the commission as final forfeiture orders against property and personal effects of the former minister.

But in the motion marked: FHC/ABJ/CS/21/2023 dated and filed January 6 by her lawyer, Mike Ozekhome, before Justice Inyang Ekwo, the ex-minister sought five orders from the court. While Ms Alison-Madueke is the applicant, the EFCC is the sole respondent in the suit.

The former minister, who argued that the various orders were made without jurisdiction, said these “ought to be set aside ex debito justitiae.”

“The various court orders issued in favour of the respondent and upon which the respondent issued the public notice to conduct public sale of items contained in the public notice most of which court the interest of the applicant were issued in breach of the applicant’s right to fair hearing as guaranteed by Section 36 (1) of the 1999 Constitution, as altered, and other similar constitutional provisions,” Ms Alison-Madueke explained.

She argued that she was neither served with the charges sheet and proof of evidence in any of the charges nor any other summons, claiming that “the orders were made without recourse to the constitutional right to a fair hearing and right to property accorded the applicant by the constitution.”

But the EFCC, in a counter affidavit deposed to by Rufai Zaki, a detective with the commission, urged the court to dismiss Ms Alison-Madueke’s application.

Mr Zaki, a member of the team that investigated a case of criminal conspiracy, official corruption and money laundering against the ex-minister, said the investigation had clearly shown involvement in the alleged crimes.

The EFCC operative said most of the ex-minister’s depositions were untrue, noting that most cases leading to the final forfeiture of the contested property “were action in rem, same were heard at various times and determined by the high court.”

Upon mentioning the matter on Monday, Ms Alison-Madueke’s counsel, Oluchi Uche, told Mr Ekwo that the EFCC had just served them on Friday and they would need time to respond to the counter affidavit.

Farouk Abdullah, who appeared by the anti-graft agency, did not oppose, and the judge adjourned the matter until May 8 for the hearing.

Ms Alison-Madueke was petroleum minister under former President Goodluck Jonathan.

Due Process: Between security votes and oil contracts By Yushau Shuaib

January 30, 2023 by AFR Business

Successive administrations in Nigeria, including the current one claim to promote transparency and accountability by following due process in financial dealings and public procurements.

Nevertheless, governments at all levels avoid strict compliance with standard norms and regulations when actions are taken for both economic and political exigencies.

The confusion and power struggle between the then President Olusegun Obasanjo and erstwhile Vice President Atiku Abubakar, though political, were fuelled on allegations of non-compliance to due process over activities of agencies under the purview of Atiku, including PTDF. Court cases afterwards merely favoured the former Vice President.

Every tier of government engages in financial dealing outside the legal requirement using different nomenclatures and suspicious regulations to justify the indiscretions.

For instance, a security vote is one of the conduit pipes used by various top public officers to avoid being accountable to anyone. Even the Public Procurement law provides exceptions to disclosures on sensitive security issues and requirements.

During the previous administration, not only President Goodluck Jonathan, but most governors used security votes extensively for security and other various activities including funding of political campaigns.

In the recently published book “An Encounter with the Spymaster,” this writer disclosed categorically that “the movement of large cash in local and foreign currencies by the two major political parties, APC and PDP, to win primaries and general elections in 2015 were discovered by security and anti-corruption agencies but tactically suppressed to avoid embarrassing outcries that could tarnish the electoral processes and rubbish the image of the country.

Few senior journalists, especially some members of Faculty of Bureau Chiefs and Editors where a highly respected investigative Editor, Yusuf Alli is the Dean, are aware of some of the details and culpability of the parties.”

Therefore, at the national level, one of the major institutions that have been indirectly involved in funding sensitive and classified operations whether for security or other exigencies is the Nigeria National Petroleum Corporation (NNPC).

The media trial and court cases against the former Minister of Petroleum, Diezani Alison-Madueke on allegations levelled against her by the Economic and Financial Crimes Commission (EFCC) are clear examples.

The fear of past incident recently reared its ugly head as the current Petroleum Minister of State, Dr Emmanuel Ibe Kachikwu in a memo leaked to the media, informed President Muhammadu Buhari that the Group Managing Director (GMD) of NNPC, Mr Maikanti Baru, was disrespectful to him.

He also allegedly accused the NNPC boss of awarding contracts worth over $25 billion without the approval of the board of the corporation.

The contents of the memo are not only embarrassing but damning because it would easily rubbish the integrity of the current administration of President Muhammadu Buhari and its hyped anti-corruption campaigns.

While the two men on the brawl, Kachikwu and Baru are first class materials in all sense from their academic accomplishments as well as their experiences in the oil sector, there seem to be missing narratives on the altercation.

Apart from the allegations of insubordination, lopsided appointments and awards of contracts without the consent of NNPC board by Dr Baru, there are also documents seen by Economic Confidential indicating that the Act setting up the Corporation, statutorily mandates the GMD to report directly to the Substantive Minister of Petroleum Resources, which in this case, is President Muhammadu Buhari.

Another document, a correspondence from Bureau of Public Procurement (BPP) to the NNPC dated June 26, 2015 states in part that: “The [NNPC] Governing Board is responsible for approval of the work programmes, corporate contract plans and budget while the [NNPC] Tenders Board is responsible for approval of day to day procurement implementation.” Since the emergence of President Buhari, appointments of top Group Executive Directors (GED) were made by Kachikwu. An online platform, DailyNigerian, reports that “Among the seven Chief Operating Officers (COO/GEDs) currently working under Baru, five were actually appointed by Dr Kachikwu, three of whom came along with him from the International Oil Companies (IOCs).”

Mr Kachikwu actually brought in Babatunde Adeniran (COO Ventures), Anibor Kragha (COO Refineries) and Henry Ikem-Obih (COO Downstream) from outside while Isa Inuwa (COO Corporate Services) and Bello Rabiu were sourced from within.

Chidi Momah, who is still Secretary of the Corporation, was also hired by Mr Kachikwu. While the majority of top officers appointed into NNPC by Kachikwu during his days as the GMD are from Southern Nigeria, Baru is alleged to have done the same by ensuring that his recent reorganisation of the management staff of the oil corporation favours the North.

When this writer wrote an article on a disagreement between Kachikwu and current Minister of Transport, Rotimi Amaechi in July 2016 over projects in NigerDelta, the Petroleum Minister of State should have since realised that in an intense political clime, one must tread consciously and cautiously.

Attempts to crucify Maikanti Baru over some alleged decisions in NNPC may not likely fly because it would seem to be an attack against the Presidency.

Media reports so far have indicated that Dr Baru is reputed to have unfettered access to the substantive Petroleum Minister who is President and commander in chief than most cabinet members. It could, therefore, be extremely difficult for the GMD NNPC to have taken any unilateral decision without the consent and authorization from the highest office in the land. Whether the actions taken are right or wrong only the court can determine.

Meanwhile, in an exigency, due process can be ignored to justify the Machiavellian principle of “the ends justify the means” on security votes and oil contracts for national interests.

Emefiele counters Ganduje, says naira swap is not a threat to Buhari in Kano

January 30, 2023 by AFR Business

The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, says the excuse of security threats pushed by Governor Abdullahi Ganduje of Kano State has no bearing on the ongoing currency swap across the country.

Mr Ganduje had in an interactive session with critical stakeholders, including scholars, legislators, political leaders and business community in the state, revealed that his administration had requested the president to postpone his official visit to the state.

The governor said the state was deeply concerned about the hardship principally induced by the ongoing cash swap from old to redesigned Naira notes.

He said the decision was taken to avoid any unforeseen circumstances.

However, the CBN governor debunked Ganduje’s assertion, saying: “I don’t understand the relationship between the CBN policy and security challenges in Kano State.”

Mr Buhari had earlier on Sunday morning approved the extension of the ongoing currency swap by 10 days, moving the deadline from Jan. 31 to Feb. 10.

The president’s spokesman, Femi Adesina, who confirmed this in a statement, said Mr Buhari gave the approval at a meeting with the Governor of the Central Bank of Nigeria in Daura, Katsina State.

He urged more time, discretion and order to enable Nigerians successfully change their currencies to the redesigned notes, and reduce the risk of loss, especially among the underserved in rural areas.

Mr Ganduje, who led a delegation of critical stakeholders from the state to meet the president in his country home in Daura on Sunday, after which he revealed the change of position to newsmen.

The governor said: ”We are very much ready to receive him and we have a lot for him to commission, including Federal Government projects and state government projects.

”They are state-of-the-art projects.”

Abuja Light Rail to resume before end of Buhari’s tenure

January 30, 2023 by AFR Business

The Minister of the Federal Capital Territory, Muhammad Bello has assured that the Abuja Light Rail will resume service before the end of his administration in May.

Bello gave the assurance when he featured the 20th Edition of President Muhammadu Buhari’s administration scorecard series organised by the Federal Ministry of Information and Culture on Monday in Abuja.

“Another important milestone achievement of President Buhari’s administration is the infrastructure development of the Abuja Light Rail.

“When we came in 2015, about 52 per cent of the project was done and we pushed it to 100 per cent.

“And many of you will want to wonder why the Abuja Light Rail is not working; it is not working now because of the outbreak of the COVID-19 pandemic.

“We had to stop the operation because as you know the light train system basically is a mass movement, so if you don’t have much sitting capacity, many people will stand up and when you stand up, you face each other.

“So, it was obviously very difficult to maintain social distancing but we are done with that all that; the carriages are here and by the grace of God before, we will resume.”

The minister disclosed that about 12 stations had been completed and about five of them, the roads were still under construction.

“These are works we do in the satellite town because the structure of the FCT is that we have development in the urban area; that is the Federal Capital City as well as development in the satellite towns.

“But the standards we maintain for infrastructure for the Federal Capital City itself, is the same that we maintain in the satellite towns; no difference whatsoever.

“Because the whole area is to encourage residents to stay in the satellite towns so that the chunk of the city that we have been able to do to a large extent,” Bello said.

The event was attended by the FCT Minister of State, Dr Ramatu Aliyu, the Permanent Secretary FCTA, Olusade Adesola, all Mandate Secretaries of FCTA, six area councils chairmen.

Others are the Executive Secretary, Federal Capital Development Authority, FCDA, the Chief of Staff to the Minister and other officials of the FCTA administration.

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