Editor 1: https://reubenabati.com.ng/administrator
Link: www.reubenabati.com.ng/ webmail
password : #reubenabati2017
Latest new password: &Abati&#-2022
Password : abati1990
Infomation for Advert manager
WEBSITE ADMIN LINK; https://reubenabati.com.ng/administrator
WEBSITE EMAIL LINK; http://reubenabati.com.ng/webmail
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Nigeria Police Force (NPF) have cleared a Nigerian singer, Dapo Oyebanjo, popularly known as D’banj, of fraud and rape allegations.
Naija News learned that the anti-graft agency and the police cleared D”banj of N-power fraud and rape allegations in different clearance reports upon completion of investigations.
According to The Punch, an affidavit deposed by Toheeb Lawal of an Abuja-based law firm, Law Corridor, before the District Court of Abuja shows that the Nigerian singer is free from any allegation.
The newspaper said in the reports of the Nigeria Police Force Investigation and clearance from the ICPC were marked exhibits A and B, the legal practitioner averred that the police and the ICPC cleared the singer of rape and fraud allegations.
Recall that in 2020, the singer was accused of rape, and then Inspector General of Police, Usman Alkali Baba, ordered an investigation into the allegation.
In a report dated November 14, 2023, with case number CR:3000/X/FHQ/ABJ/SEB/T.1/VOL 18/284 and signed by ACP YY Abubakar of the Special Enquiry Bureau at the Force Criminal Investigations Department at the Force Headquarters in Abuja, the police said the matter was investigated but there was no evidence to substantiate the claim.
The police report read in part: “The allegation was investigated. The complainant, witnesses, and suspects made their statements.
“The investigation was extended to the Glee Hotel Lagos, where the staff on duty on the date of the alleged incident made their statement.
“The management and staff of the Glee Hotel averred that the first suspect was not seen in the hotel on the date of the alleged incident, nor was he given a spare key to gain access to any room in the hotel where the complainant lodged, and they have only one key to each room, which completely debunked the allegation of the complainant.
“The management of the hotel also held that it had no record to show that the complainant checked into the hotel as a guest on the alleged date, and she did not, at any time, raise the alarm, complain, or report any indecent assault or rape.
“There is no medical report on the victim to ascertain that she was raped. There are no adduced facts or corroborative evidence to substantiate the allegation of rape against the suspect. Prima facie offences of indecent assault, rape, and intimidation are not made out.
“However, the complainant, through her counsel, Ojoge, Omileye & Partners, submitted a letter, dated July 17, 2020, to the DIG Force CID, to withdraw the petition and discontinue the investigation voluntarily.”
Also, in 2022, the ICPC accused D’banj of diverting funds associated with the N-Power Programme of the Federal Government.
However, after its investigation, the ICPC said that D’banj was not guilty of any fraud allegation and cleared D’banj of any infraction on the matter.
The clarification was dated November 29, 2023, with document number ICPC/OPS/SDD/SPT.LG/31/23.
The clearance reads: “The commission investigated issues of fraud in the administration of the N-POWER Scheme, where Mr Daniel Oladapo Oyebanjo’s name came up. However, there was no prima facie case of fraud against him.
“Kindly be advised that Mr Daniel Oladapo Oyebanjo is not under investigation with the Commission for any fraud-related offence.”
D’banj’s lawyer, in his deposition filed before the Chief District Court of the Federal Capital Territory at Wuse Zone 2, Abuja, also averred that the singer was never a government official.
He added that his client never had any access to government funds and that the N-power campaign he supported was free and was never paid a penny by anyone or the government.
At least four persons have lost their lives in Gombe state after resorting to herbal treatment to remedy their HIV positive status.
The Network of People Living with HIV and AIDS in Nigeria (NEPWHAN) in Gombe State, made this known on Thursday.
Speaking at an event in the north east state to commemorate the 2023 World AIDS Day, the programme officer of the association, Mr Muhammad Ibrahim, disclosed that the deceased died for allegedly using herbal HIV treatment.
Ibrahim said the growing resort to the use of herbal therapy for HIV treatment in the state was troubling due to the spate of patronage of such unorthodox medications by its members.
He underscored the need for the government and stakeholders to regulate and check the circulation of alternative HIV treatment in the state.
According to Ibrahim, a lot of HIV positive patients that are desperately searching for cure are opting for herbal remedy, adding that many have died as a result of wrong medication.
“A lot of our members are subscribing and using herbal medicine based on the information being spread by the hawkers of traditional medicine who are everywhere in Gombe.
“These people are openly advertising and claiming that they have discovered the treatment of HIV, and as a result, a lot of our people are buying the medicine.
“There is no scientific proof that the herbal treatments are real, so we want the government to look into this and do the needful.
“Anybody that claims to have found treatment for HIV should be identified and invited by the government to verify his claims and certify it before public sales and use,” Ibrahim said.
Also commenting, Dr Habu Dahiru, the state’s Commissioner for Health, said there was no scientific proof that herbs could cure the disease.
Dahiru advised NEPWHAN members and all those living with HIV to desist from using herbal medicines to treat the disease, adding that such concoctions damage vital organs.
“We do not have any scientific evidence that herbal medicines are working but anti retroviral drugs are working and when we do the viral load test, you see it reducing, it is scientific.
“Herbal medicines have side effects, especially damage the liver and kidney.
“We have always discouraged the use of a remedy that has not been certified. To use a drug or herbal in treating a certain illness it has to undergo various stages of test and certification before approval.
“We have not heard of any herbal that has been certified for HIV treatment,” he said.
On the fight against the menace, Dahiru said the state had achieved a lot in reducing disease burden.
He said the state achieved 95 per cent of suspected cases tested and placed on medication, adding that 95 per cent of those placed on medication have achieved viral suppression.
Mohbad’s wife wants her son’s DNA test done in 3 different places – Iyabo Ojo opens up to Daddy FreezeWritten by Admin
Renowned Nigerian actress, Iyabo Ojo, has provided an in-depth update on the lingering DNA test dispute between the late singer Mohbad’s father, Joseph Aloba and wife, Omowunmi Aloba.
Following Mohbad’s demise, uncertainties about the paternity of his sole son, Liam Light, emerged, prompted fervent appeals for a DNA test from fans, social media critics, and Wunmi’s father-in-law.
The DNA test has been dragging on for months, and in a recent conversation with media personality Daddy Freeze, Iyabo Ojo was prompted to spill the beans and provide the latest update on the matter.
Iyabo stressed unequivocally that Wunmi has no objections to the DNA test for her son but insists it must be processed through her legal representation. The actress disclosed an ongoing official discussion between Mohbad’s father’s lawyer and Wunmi’s lawyer in this matter.
According to the actress, Wunmi is steadfast in her stance that Mohbad’s dad should undergo a DNA test first before the examination is carried out on her son, Liam.
Iyabo asserted that Wunmi stipulated a condition for her father-in-law to get a court order, mandating a DNA test on her son across three locations, including the United States. She mentioned that he is expected to cover all expenses for the tests and travel expenses to the USA.
The movie star conveyed that Mohbad’s father is similarly adamant that she bears the expenses for his own DNA test.
As part of measures to cushion the effect of losses suffered by people of Igbo extraction whose properties were demolished in Lagos, Abuja and other parts of the country, Ohanaeze Ndigbo, a pan- Igbo socio-cultural organisation, plans to establish an Ohanaeze Relief Agency to be controlled by top Igbo leaders. President General of Ohanaeze Ndigbo Chief Emmanuel Iwuanyanwu, at a press conference in Abuja yesterday, said that Ohanaeze, through this agency, would support Igbo citizens in distress.
“It has been brought to my notice that many families have been thrown into serious difficulty due to the demolitions in Lagos State,” Iwuanyanwu stated. He noted that because of the investment characteristics of Igbo, private properties and investments in Abuja and Lagos are substantially owned by Ndigbo.
The President General disclosed that he had conducted an investigation on what happened in Lagos, and appealed to the Lagos State Government to intervene and ensure that justice is done.
He, however, said the Ohanaeze leadership would not support misconduct from any Igbo man anywhere they lived, and advised Ndigbo to ensure that they comply with all legislations and local regulations to avoid demolition of their properties in Abuja and other parts of Nigeria.
“I don’t have any doubt that there may be some instances where Igbo and perhaps other people whose property was demolished in Lagos did not fully comply with the laws of Lagos State.
“If any developer with impunity and without proper approval proceeds to develop a property anywhere in the world, he is taking a risk and his property stands the risk of being demolished.
“On the other hand if the property is properly purchased, approved from appropriate authority given before development, the individual deserves a happy and peaceful enjoyment of his assets.
“If any government demolishes the property built with approval of the appropriate government department, such government by law must pay appropriate compensation for all the damages incurred to the owner of the building,” he said.
Iwuanyanwu promised to meet with the Lagos State government Babajide Sanwo- Olu, and appealed to him to suspend the demolition of buildings until all the facts are cleared.
The prime suspect in the murder of an Associate Professor, Bio-Chemistry with the Federal University of Technology Minna, Niger state, Funmilola Adefolalu was on Thursday arraigned before a Minna Chief Magistrate Court on a three-count charge of criminal conspiracy, culpable homicide and armed robbery.
The offences by the 14-year-old Joy Afekafe, according to the prosecutor are contrary to sections 97, 221 and 298 of the penal code law.
It should be recalled that, after her arrest on the 30th of October, 2023, the suspect who worked as a housemaid confessed to having masterminded the murder of the deceased.
The prosecutor told the Chief Magistrate, Fati Hassan Umar that two other suspects in the crime, Wallex and Smart are still at large.
The prosecutor told the court that the trio invaded the residence of the deceased on the 28th of October 2023 where they took a knife into the kitchen and stabbed the deceased all over her body
According to the Prosecutor, “You (Joy) also used a wooden stool and hit her on her head after which you carted away $3000, one laptop computer, one mobile phone, two power banks and a car battery”.
He added that as a result “the victim was taken to the IBB Specialist hospital where she was confirmed dead by medical doctors.
When the charges were read to Afekafe she pleaded not guilty to the crime.
The prosecutor pleaded with the court to remand the accused in the Correctional Centre to enable the Police to forward the case file to the Director of Public Prosecution in the Ministry of Justice for legal advice because it is only the High Court that has jurisdiction to try the case.
Chief Magistrate Umar directed that Afekafe be remanded at the Children Correctional Centre because she is still a juvenile and then adjourned the case to the 11th of December for further mention.
A South African billionaire family popularly known as Oppenheimer has acquired a controlling stake in one of Nigeria’s prominent can makers, GZ.
The acquisition was completed by Jonathan Oppenheimer, one of the sons of the second richest man in Africa,Nicky Oppenheimer, who reportedly secured the full control of GZ Industries Ltd., Nigeria’s prominent beverage can manufacturer, signaling a bet on the potential revitalization of Africa’s largest economy.
According to a report by Bloomberg, the acquisition of the remaining shares in GZ Industries from Affirma Capital (formerly Standard Chartered Private Equity) was completed through their company, Oppenheimer Partners Limited.
Although the financial specifics of the deal remain undisclosed, the private equity firm had held a significant 37.5% stake in GZ Industries, a key supplier of cans to major entities such as Coca-Cola Co.
GZ first began operations in Nigeria in 2019. Ayodeji Adelakun is the Executive Director and Group Chief Executive Officer of the company.
This move is poised to empower Jonathan Oppenheimer to steer the trajectory of GZ Industries’ expansion within sub-Saharan Africa.
The region stands as a pivotal market, with urban, educated adults boasting the world’s highest consumption of sugary drinks, averaging 12.4 servings per week, according to research published by Nature Communications.
The acquisition strategically aligns with tapping into this lucrative consumer base.
Oppenheimer Partners initially entered the GZI venture in 2018, coinciding with the establishment of a GZI factory in South Africa.
Presently, GZI holds a 20% market share in the South African market, engaging in competition with the financially challenged Nampak Ltd., which is in the process of selling assets and restructuring debt.
Affirma Capital’s initial investment in GZI dates back to 2012.
GZ Industries holds significant production capacity, churning out 3 billion aluminium cans annually in Africa. Out of its production figure, 1,800,000,000 of those cans are produced in Nigeria.
How Musician Naira Marley Discovers Credit Card With Money Before Duping Owners – EFCC Witness Reveals In CourtWritten by Admin
An investigator, Dein Whyte, working with the Economic and Financial Crimes Commission, also the 10th prosecution witness, PW10 in the trial of Nigerian singer, Azeez Fashola, (a.k.a Naira Marley), said tools used to validate credit card credentials were discovered on the singer’s devices.
Whyte also told Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos on Thursday how Visa, a card payment platform, flagged one of the credit card details found on a device belonging to Marley due to fraudulent transactions.
He said: “Tools that are used to verify the validity, active state and accuracy of credit card credentials as well as the region of the issuer of that card were discovered on the defendant’s device.
“The analysis further revealed the website that had been accessed on the computer of the defendant through his browser history. The websites include sites where credit card information is illegally traded.”
Naira Marley is standing trial on 11-count charges bordering on conspiracy and credit card fraud brought against him by the EFCC.
Led in evidence by the prosecution counsel, Bilikisu Buhari, the PW10 said as part of the findings from the investigation, forensic analysis revealed that malicious programmes are being used to illegally obtain credit card information.
He said they “can be used for card not-present transactions, and were found on the device that was recovered from the defendant upon his arrest.”
Also revealed were malicious tools used to disguise the active location of an internet user when his or her devices are connected to the internet.”
Whyte explained further that the phone and the laptop recovered from the defendant were both registered with his credentials, name and email address.
When asked by the prosecution counsel to state the result of his findings on the credit card details on the defendant’s device, Whyte responded, “With respect to the card details recovered from the device of the defendant, investigations revealed that he also exchanged those details with other persons.
He further stated that one of the cards was reported to have been fraudulently used for a transaction by Visa.
He also said the card details that were in possession of the defendant’s device neither belonged to him nor were issued to him by any financial institution.
Whyte informed the court that a letter of investigation was written to Visa and that it confirmed that the card had been flagged for fraudulent transactions.
He however noted that Visa didn’t link the credit card fraud to the defendant’s device “because the investigation was on the card and not on the device being used for the fraud.”
He also stressed that Visa is a payment platform and not a telecommunication company. Justice Oweibo adjourned the case to March 6 and 7, 2024 for continuation of trial.
The Shepherd-in-charge of the Celestial Church of Christ International Headquarters, Ketu, Olatosho Oshoffa, has condemned the invitation of Fuji musician Pasuma and street-hop artiste Portable, to the praise night of one of the church branches.
There was uproar on social media on Wednesday when an event flyer that revealed that Pasuma and Portable would perform at the church’s praise night in Lagos went viral.
Several Nigerians took to social media to condemn the invitation of the secular music artistes to a religious activity.
Reacting to the poster on his Facebook page, Oshoffa revealed that he had spoken to the cleric in charge of the parish, adding that the said artistes would no longer grace the occasion.
Sharing the poster on his Facebook page, he wrote, “Dear Celestians, I have just spoken to the Shepherd in Charge of the above Parish at length. He has promised to make amendments to the posters.
“He has promised that the said contested artists would NOT come for the Nights. There is No doubt the said poster is very CONDEMNABLE. God bless CCC. Amen.”
A Nigeria Air Force helicopter has crash landed and exploded at the NAF Base, Port Harcourt.
Details and other information surrounding this scenario are still sketchy as at the time of filling this reports
Though what led to the crash could not be immediately ascertained, it was learnt that the incident occurred around 7.50am.
A source said, “I was inside my apartment when I heard this thunderous sound at the NAF Base.
“The next thing I saw was a thick flame. I don’t know if there are casualties because I can’t go close to the scene for now. But I heard a blast twice.”
This is a developing story…
Senate Committee on Gas Resources Investigating disbursement of N135 billion Central Bank of Nigeria, CBN, to some companies in the oil and gas turned into a drama of some sorts as the apex bank and the Ministry of Petroleum traded tackles in full glare of the panel members during the hearing on Thursday.
Earlier, the Committee Chairman, Senator Jarigbe Agom Jarigbe had invited 15 companies to appear before the Committee to account for the disbursement which they were unwilling to repay.
At the investigative hearing, representative of the Ministry of Petroleum, Mrs Oluremi Komolafe said though the intervention was the initiative of the Ministry, they were not aware of the disbursement by the Central Bank of Nigeria.
She revealed that 150 applications were received, out of which 69 companies were recommended, while 16 applications were still being processed, adding that the recommended companies were forwarded to the CBN for their action.
“We wish to state that the list was not processed by the Ministry,” she said.
The CBN, which was represented by the acting Director, Project Finance, Alhaji Sahaad exonerated the bank of any blame and said they only provided guidelines for the disbursement of the intervention loan to the beneficiary companies.
According to him, the disbursement was done by commercial banks.
He said: “The primary responsibility is for banks. If we send a proposal to the bank, they have to subject it to due diligence. CBN was never involved in the disbursement.
“What we do is to ensure that they give single digit interest and a fairly long term tenure. The tenure for most of these facilities is 7-10 years.
“Our role is to facilitate the loan. ”
Reacting, Senator Jimoh Ibrahim insisted that the CBN ought to have known about the disbursement and got involved as commercial banks cannot disburse the intervention fund without the guidance of the apex bank, adding that the excuses were unacceptable.
The Chairman of the Committee threatened to alert the anti-graft agencies to recover the money from defaulting beneficiaries.
He cited discrimination in the disbursement of the intervention loan and how some of the disbursements over shot the threshold, particularly Dangote Refinery and Pinnacle Oil and Gas which used the fund to finance their refinery and depot projects, insisting that the funds must be paid back to the Federal Government.
The lawmakers equally established that in violation of the guidelines, companies like Dangote Refinery and Pinnacle Oil and Gas used the fund to finance their refinery and depot projects, respectively.
The Senators declared that the CBN and the Ministry of Petroleum Resources were working at cross purposes and the beneficiary companies were using the opportunity not to pay back the loan.
The 15 companies summoned by the Senate included Nigeria Independent Petroleum Company, Plc, NIPCO, Hyde Engineering and Construction Company, Pinnacle Oil and Gas, Dangote Oil Refinery, Lee Engineering and Construction Company, Nova Gas and nine others.
- Measures will crash shortfall from 6.11% to 3.88% of GDP
- Senate, House begin debate on N27.6 trillion estimates
- Budget brilliant, says Sen. Jimoh Ibrahim
Anumber of measures have been adopted by the Federal Government to reduce the budget deficit by nearly half.
This action, which will involve a combination of fiscal, economic and accounting strategies, is expected to lead to the blocking of leakages and the redirecting of financing to long-term economic growth.
Nigeria’s budget deficit stands at 6.11 per cent of the Gross Domestic Product (GDP).
A new comprehensive revenue generation and management strategy is expected to cut the budget deficit to 3.88 per cent.
The new strategy is a major anchor of the N27.5 trillion budget proposal, which debates started yesterday at the two chambers of the National Assembly.
President Bola Tinubu had on Wednesday presented the first full budget of his administration.
The target is to close the deficit gap to within the threshold of three per cent set by the Fiscal Responsibility Act 2007.
With declining revenues and stubbornly high expenditures, especially recurrent expenditures, Nigeria’s budget deficit had widened over the years, significantly above the guide set by extant laws.
The budget deficit in 2024 is projected at N9.18 trillion or 3.88 per cent of GDP. In 2023, the budget deficit was N13.78 trillion, some 6.11 per cent of GDP.
Minister of Finance and Coordinating Minister for the Economy Mr Wale Edun outlined the comprehensive strategy that will underpin the implementation of the 2024 budget, with the overall objectives of reducing deficit, enhancing revenue and locking in significant values into expenditures.
To achieve these objectives, the government will be implementing a variety of strategies, including a thorough review of recurrent expenditure, prioritising essential spending and eliminating wasteful or unproductive expenditures.
These may include streamlining administrative processes, reducing travel costs, and consolidating certain functions.
Also, there will be an efficient allocation of capital expenditure which is crucial for driving economic growth.
The government will prioritise capital projects that have a high impact on productivity, job creation, and infrastructure development. These include investing in energy, transportation, and other critical sectors.
In the area of revenue generation, the government will expand the tax base by identifying and incorporating new sources of revenue, such as the informal sector and digital transactions.
These may involve simplifying tax laws, improving tax administration, and implementing targeted compliance measures.
The government will also improve tax collection efficiency to maximise revenue generation while investing in technology, strengthening tax administration systems, and enhancing taxpayer education to improve compliance and reduce tax evasion.
Also, the government will explore alternative revenue sources beyond traditional taxation, such as asset monetisation and privatisation, public-private partnerships, and targeted fees for specific services.
The government will incentivise investment and economic growth by implementing tax breaks or other incentives for priority sectors.
These strategies are expected to attract domestic and foreign investments, thus fostering job creation and economic expansion.
The government plans to collaborate with state and local governments to enhance tax administration coordination, reduce tax leakages and eliminate multiple taxation. This collaboration will streamline tax collection, improve compliance, and optimise revenue generation.
Edun, highlighting the breakdown and major underlining principles of the 2024 budget, said the new budget proposal marked a pivotal shift from a trend of excessive borrowing to a focus on prudent financial management.
He said with careful strategic implementation, the government will achieve the key budget proposals, noting that they are all realistic and practicable.
According to him, there is a need to realign revenue and expenditure management to deliver optimal value for money.
He noted that by prioritising effective financial management, the government aims to instil confidence among investors and citizens in its fiscal policies.
“The 2024 budget focus will be on value for money and raising the economy. The budget deficit is being brought down from about 6.11 per cent of GDP to 3.88 per cent of GDP.
“That is a huge change in direction from unlimited and limitless borrowing to re-focussing on revenue and expenditure management to give value for money,” Edun said.
The target, he said, is to increase Tax-to-GDP from roughly under 10 per cent to 18 per cent in a couple of years.
“That target is a hugely ambitious one which we need to meet to reduce reliance on borrowing,” Edun said.
According to him, the government’s commitment to fiscal prudence and responsibility is underscored by the multifaceted plan aimed at steering the nation towards a more balanced and robust economic future.
He noted that the new budget implementation and philosophy would position the economy for foreign investors to come into the country through private partnerships.
“There is privatisation in the budget. That is the direction of travel to create a stable macroeconomic environment in which investors can come in.
“The government is yielding grounds to them and allowing them to come in and invest and provide goods and services to Nigerians,” Edun said.
National Assembly begins debate
The National Assembly yesterday began a debate on the general principles of the 2024 Appropriations Bill.
Leading debate, Senate Leader Opeyemi Bamidele, said the bill was deemed to have been read the first time by virtue of its being laid before the Joint Session of the National Assembly on Wednesday.
He said the bill seeks to authorise issue out of the Consolidated Revenue Fund of the Federation total sum of N27.5 trillion for the year ending December 31, 2024.
Opeyemi listed major highlights of the budget, including an oil price benchmark of $77.96 per barrel, a daily oil production estimate of 1.78 million barrels per day, condensates of 300,000 to 400,000 barrels per day and an exchange rate of N750 to a dollar.
He said that based on the fiscal assumptions and parameters, total federally-collectible revenue was estimated at N16.87 trillion in 2024, while total federally-distributable revenue was estimated at N11.09 trillion in 2024.
Opeyemi said the total revenue available to fund the 2024 federal budget was estimated at N9.73 trillion.
This, he said, includes the revenues of 63 government-owned enterprises (GOEs), while oil revenue was projected at N1.92 trillion, and non-oil taxes estimated at N2.43 trillion.
He said the Federal Government’s independent revenue was projected to be N2.21 trillion while other revenues were N762 billion, while the retained revenues of the GOEs amount to N2.42 trillion.
He said from the total N27.5 trillion proposed for 2024, statutory transfers were N744.11 billion while non-debt recurrent costs were N10.26 trillion and personnel costs N4.99 trillion.
According to him, pensions, gratuities and retirees’ benefits were projected was N854.8 billion while overheads were projected at N1.11 trillion.
He said capital expenditure of N8.7 trillion, including the capital component of statutory transfers, debt service of N8.25 trillion and sinking fund of N243.73 billion, was proposed to retire certain maturing bonds.
Bamidele, however, lamented that recurrent expenditure was still too high constituting over 43 per cent of the total budget outlay.
He added that it was expected that the total fiscal operations of the Federal Government would result in a deficit of N9.8 trillion, representing 3.88 per cent of estimated GDP.
He said to finance the deficit was to engage in new borrowings totalling N7.83 trillion and N294.49 billion from privatisation proceeds.
He said the deficit would also be financed from N1.06 trillion drawn from bilateral, multilateral loans secured for specific development projects programmes.
He, however, said there was a growing concern over continued borrowing, but the administration resorted to it to finance fiscal gaps.
“But let me state here that the debt level of the Federal Government is still within sustainable limits.
“Very importantly, these loans are used to finance critical development projects and programmes aimed at improving our economic environment and ensuring effective delivery of public services to our people,” Opeyemi said.
He urged the lawmakers to approve the second reading of the Appropriation Bill, 2024 for consideration by the appropriation committee and its sub-committees.
Budget brilliant, says Jimoh Ibrahim
Senator representing Ondo South, Jimoh Ibrahim, described the 2024 budget as brilliant.
He said it was clear from the projections and estimates that a lot of thinking went into its preparation.
He was particularly impressed with the N8.7 trillion allocated for capital expenditure as against N9.92 trillion for recurrent expenditure.
According to him, for the first time in 20 years both estimates are close, an indication that President Tinubu wants to focus more on projects and infrastructural development, which would have a multiplier effect on job creation.
He also lauded the projection of a GDP-to-tax ratio of 1: 18 as against 1: 10, explaining that the eight per cent increase will go a long way to fund the anticipated borrowing.
He said he was thrilled by the 45 per cent expected revenue projected for debt servicing as against much higher estimates in previous budgets.
According to him, Nigeria, with a population of 200 million and a debt of less than $100 billion has not over-borrowed. Dubai, with a population of 12 million, has a debt of $168 billion.
Contributing, Senator Osita Ngwu (PDP-Enugu) said Tinubu has fulfilled his campaign promises with actions by inputting issues of food security, and poverty alleviation in the budget estimates.
He said there was a need to ensure a review of the Petroleum Industry Act (PIA) to ensure the continuous ramp-up of oil production to fund the deficit in the budget.
Other senators commended the President for the budget, saying it was indeed a budget of Renewed Hope.
They called for full implementation by the executive when approved.
The House of Representatives said only ministries, departments and agencies (MDAs) that made judicious use of their allocations in 2023 will receive funds from the 2024 budget.
Deputy Spokesperson of the House, Rep. Philip Agbase, said the development was in line with the legislative agenda of the 10th House of Representatives.
According to him, the 2024 Appropriation Bill will be looked into and the leadership of the House will thoroughly monitor the budget.
FOLLOWING the dust raised by the Oba of Benin, Omo N’Oba N’Edo, Oba Ewuare II, over the founders and settlers of Lagos, the Olofin of Isheri and Adimula of Awori Kingdom, Oba Sulaimon Bamgbade, yesterday, insisted that the Awori people were the first settlers in Lagos.
But the Erelu Kuti of Lagos, Abiola Dosunmu, said that the controversy over ownership of Lagos will soon be put to rest.
Oba Ewuare II recently caused a stir during a visit to Governor Babajide Sanwo-Olu of Lagos State when he said the Binis founded Lagos.
The Benin monarch had said: “It is in the history books that the Binis founded Lagos. When some people will hear it now, they will go haywire; what is the Oba saying there again? But it is true. Go and check the records. Maybe not all over Lagos as we know it now but certain areas in Lagos, maybe the nucleus of Lagos, were founded by my ancestors. The Oba of Lagos will say so.”
Lagos was founded by Olofin Ogunfuminire
But countering Oba Ewuare’s claim, the Isheri Olofin monarch, in a statement, said Lagos was founded by Olofin Ogunfuminire, the progenitor of the Awori people.
In an attempt to set the records straight, Oba Bamgbade said: “Olofin Ogunfuminire left Ile-Ife to settle at Isheri before migrating with his wife, Ajaiye, to present-day Iddo in the heart of Lagos. It was at Iddo that Ajaiye was blessed with the fruits of the womb. Her offspring are the Idejo who are the actual traditional landowners of Lagos.
“The spatial region of the land owned by the Idejo spans from Lagos Mainland (Iddo) to Lagos Island and up to Eti-Osa which he allocated absolutely to his children and other descendants.
“In this regard, he assigned Iru to the Oniru, Ikate to the Elegushi, Lagos Island to Aromire, Iganmu to Ojora, Otto, and mainland to the Oloto (up to Odo–Iya Alaro). Isheri was the dispersal point where other Olofin Ogunfunminire descendants left to found other Awori towns. For instance, Akeredun left Isheri to establish Igbesa, Odoyi left Isheri to find Agboyi, and Osolo and Eleidi Atalabi left Isheri to find Ota.
“These facts are firmly established and supported by extant literature written by foreign authors and researchers such as Kristin Mann who in his book titled ‘Slavery and Birth of an African City: Lagos 1760- 1900,” wrote and I quote: ‘Migrant fishing people first settled in Lagos and from the beginning water and canoes had a prominent role in the lives of its inhabitants. Before the 16th century, Aworis, the southernmost of the Yoruba-speaking people, dispersed from Isheri, a village 12 miles up the Ogun River.
“A group of them settled at what is now Ebute Metta, on the mainland until the need for greater security drove the community to a smaller island in the lagoon opposite Lagos Island. There, they established two settlements, Otto and Iddo, and soon attracted fresh immigrants. In time, people from Iddo moved to the northwestern corner of the larger Island opposite, which eventually became known as Lagos, looking for land to farm.
“The settlers recognised the paramount ruler called the Olofin, based in the more populous community of Iddo but tracing mythical descent from Isheri and via the founder of that village to Ile-ife, the cradle of Yoruba civilisation.”
Benin came to Lagos as mere traders
“The Benin, who later came to Lagos as mere traders, met Olofin and his descendants on the island of Iddo and its neighbourhood where they (Benin) settled down and were well received and hosted by the community. As time went by, a feud broke out between the Benin and their hosts. Facing imminent defeat, they called for reinforcements and assistance from the Oba of Benin.
“Olofin Ogunfunminire and his mentees vehemently and successfully repelled these attacks. As a compromise, and as part of the tolerant disposition which is the character of the typical Awori, the Benins were eventually relocated to live with Aromire on his pepper farm on Lagos Island at Iga Idungaran (Idungaran in Awori means pepper farm) where they after a while and probably due to the indifference of the original land owner, introduced a more structured organisation.
“The first settlers in present Lagos are Aworis and the dispersal point of Aworis is Isheri. As the Olofin of Isheri and Adimula of Awori Kingdoms, I implore The Oba of Benin to retrace the origin of the Benin Kingdom to Ile Ife, as the Aworis have always done”, Olofin stated.
Controversy‘ll soon be put to rest— Erelu Dosumu
Also speaking, the Erelu Kuti of Lagos, Abiola Dosunmu, yesterday, said that the controversy over ownership of Lagos will soon be put to rest.
Dosumu, who is also the Erelu Yeye Oodua, stated this while briefing the press on the forthcoming inauguration of the Erelu Yeye Oodua Cultural Renaissance Centre which will be held on December 3, 2023, in Lagos.
Speaking on the controversy trailing the history of Lagos’ original settlers, she said one of the reasons her foundation instituted the new centre was to address such controversy relating to history, culture, art, lifestyle and other issues about Africans.
People refuse to use common sense
Erelu Dosumu said: “First, I have spoken about this issue several times. And you see, if people refuse to use common sense and do research and use relics for their argument, why do you waste your time?
“All these things that have been said have the evidence, relics and proofs for a whole lot of these for you to be able to bring the story to the right perspective.
“Everybody is talking from different corners of their mouths especially those who don’t even know anything about it.
“How old are they, how many of them who are kings today grew up within an environment where they could be impacted by the authentic history of their people?
“I became Erelu in my early 20s, and I was sitting with 80 and 90-year-old men, and those men had at least another 90 years of experience and narrated verbatim before I started getting it from them.
“So, already 200 years of verbatim story I got it from the source. I am almost 80 and I have acquired another century of information by myself.
“If I say anything, I am saying it from at least 300 years of verbatim fact.
“So, some people talk from here, another one from there, who are they? What was the point of their entry? Some of them may be, they started imbibing the culture and traditions five years ago and they make themselves authority.
“Hopefully that’s one of the things we will be unveiling here at the centre.”
Speaking further, she said it is important for government and critical stakeholders to collaborate towards rekindling the interest and increasing consciousness of people to promote the potential of their culture to the world.
Nigerian music sensation Simi reflects on the unpredictable nature of the music industry, emphasizing its fickle nature.
Simi expressed her gratitude for the unwavering support of her fans while acknowledging the challenges she has faced along her musical journey.
Despite a year that diverged from her plans, she remains grateful and hopeful, With 28.6 million streams and 3.6 million unique listeners, her Spotify figures are impressive.
Simi stated that she had challenges this year, She only released one ballad, falling short of her goal of releasing multiple songs and an album.
In her recent post, Simi openly emphasized the unpredictable nature of both life and the music business. She emphasized the complexities that exist behind the scenes of the industry and characterized it as unpredictable.
She expressed her sincere gratitude for her fans persistent support and emphasized that they have inspired her throughout her artistic career.
Simi also talked about the significance of streaming numbers, acknowledging them as symbols of the devotion and love of her fans.
She emphasized that her relationship with her fanbase is real and goes beyond platforms like Spotify.
The mother of one revealed her plan to postpone the release of her new song until next year, looking forward to a new beginning.
She shared her excitement for the future and advised her admirers to be ready for it.
“My year didn’t go how I planned. I’m not mad about it; I’m just stating for the record. I’d be crazy to give life any ultimatums, because by design, life is unpredictable.
I only put out one song this year. A ballad. In the middle of the year. I had plans for multiple singles and an album. I did. But the music business is so fickle, it’s amusing. The wheels that turn behind the scenes are emotionless.
This epistle is dedicated to my fans. Despite the many long waits you have endured for my sake, you support me. Still.
Again and again. I don’t take you for granted and I hope that’s a truth you don’t forget. I wasn’t going to post this stuff, because I didn’t see the point. But you’re the point.
This is one app. So the numbers are only a symbol and I want to say that I see you. Thank you for seeing me too.
1 pushed my stuff to next year, because I like the idea of starting afresh. So, I hope you’re ready.”
View this post on Instagram
Afrobeats Superstar, Kizz Daniel, real name is Oluwatobiloba Daniel Anidugbe, is celebrating ten years in the music industry.
The hotshot artist dropped a cool N700 million on a sleek Rolls Royce Cullinan to spice up the celebration of his achievements in the entertainment biz.
In honour of this milestone, Kizz shared a photo on social media today, showcasing himself in a sharp black outfit that symbolizes his impressive ten-year musical journey.
After that, he shared an Instagram story expressing gratitude to God and proudly displayed the extravagant gift he had bestowed upon himself – the opulent Rolls Royce Cullinan.
He wrote: “Officially a decade on stage today …. Alhamdulillah. Decided to gift myself. Cheers to many more decades. Love to Vado Nation.
Recall that Kizz Daniel rose to stardom in 2013 with the hit song “Woju” while signed to G-Worldwide Entertainment. Following that came a remix with Tiwa Savage and Davido.
After his exit from his former label G-WorldWide, he went to float his own personal imprint FLYBOY I.N.C. which recently signed two new acts Demmie Vee and Philkeyz.
For the 2022 FIFA World Cup in Qatar, Kizz Daniel performed his hit single “Buga” at the 2022 FIFA World Cup in Qatar, after he expressed his desire to perform at the football tournament.