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The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare said the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele must not be made a scapegoat by the Federal Government over the monetary policies made by the apex bank under his leadership.

Bakare stated this during a State of the Nation Broadcast, themed, “Vice, Virtue & Time: Three Things That Never Stand Still,” delivered at the church at Ikeja, Lagos on Sunday.


He noted that, even though the Emefiele, may have made wrong judgement in the management of Nigeria’s monetary policy, he must not be made a scapegoat by the Federal Government.

According to him, considering the provisions of the CBN Act 2007, there is every possibility that the erstwhile CBN governor did not act without presidential authorization.

Bakare said Emefiele should be prosecuted if found guilty of any crime, noting that the events before the 2023 presidential election points to the direction of political vendetta against the suspended CBN governor.

He said, “Mr Godwin Emefiele may have made the wrong judgement calls in the management of Nigeria’s monetary policy, but he must not be made a scapegoat.

“In the provisions of the central bank of Nigeria, CBN Act 2007, there is every possibility that the erstwhile central bank governor did not act without presidential authorization.

“If Emefiele is found liable for any crime, by all means he should be prosecuted. However, considering the dynamics of the preelection environment and the then candidate Bola Tinubu’s public allegation…

“… that the naira redesign policy was targeted at him, the optics of the president targeting Emefiele for prosecution after winning the election and being sworn in as the president could be interpreted as a form of vendetta far beneath such a distinguished office,” Bakare said.

The cleric, however knocked the Department of State Services (DSS) for their role in Emefiele’s arrest and detention, saying that their actions have raised concerns over professionalism and adherence to the rule of law.

“Considering the claims of the DSS that its actions were in reaction to order from above, handling of Emefiele case has sent a signal to the world that the current president disposition to the war against corruption is primarily motivated by the clampdown on the perceived political adversaries, while various other enemies of Nigeria remain untouched,” he said.

Recall that the embattled CBN governor has been in the custody of the DSS following his arrest on June 10 hours after he was suspended by President Tinubu.

Emefiele is being prosecuted by the Federal Government on two counts of illegal possession of firearms and ammunition.

After the court granted Emefiele bail, the Federal Government had on Aug 3rd filed an application seeking leave to appeal against the order granting bail to the suspended CBN governor.

The suspended CBN Governor has responded with an appeal seeking to stop the Federal Government from further remanding or prosecuting him on the charge of illegal possession of a firearm and ammunitions or on any other charge for that matter.


But, the Federal High Court sitting in Lagos has adjourned the case till Tuesday, Aug 15th, for further hearing.

Lately, no institution of government has been the object of derision, blackmail, and threats like the judiciary. This venerable and inviolable magisterial conservatory has been reduced to the jack-a-lent of ridicule, hate, and spite by those who are pursuing political profits through guerrilla means. How did we get here?

In the past, the judiciary had a sacrality that citizens dare not violate or abuse with wild conjectures, fallacies, innuendos, and invective. The judiciary was like a place of worship, where due obeisance and respects were paid. It was like the holy of holies.

Vicious attacks were reserved for the executive and the legislature. But all of that has changed. Today, citizens, some of them born in the new millennium, take up cudgels and mud to bludgeon and smear the judiciary. The long-held worship of the judiciary seems to have evaporated.

What changed? Politics. Our politics has become more ill-omened, devastatingly cold, and dark. The 2023 elections precipitated a dangerous angle to citizens’ behaviour and to citizen-government relationship. The disposition and political proclivities of some candidates in the election, particularly, those who lost the election introduced scorched-earth tactics into political opposition.

This dimension of opposition is most destructive, perfidious, and insidious. It tears down without building; it talks down without uplifting; it attacks without reason; it claims without evidence; it lies without let; it defames and defiles without conscience; and it opposes without a cause. All it seeks is to pull down and destroy – for as long as its longing for the seat remains a chimera.

The judiciary became the captive of vicious propaganda as the appeal court heard cases on the 2023 presidential election. The names and photos of the justices hearing the cases became items for poisoned campaigns and objurgations. Some of the justices were virtually harassed and their particulars brought into the open.

A justice sitting on the panel was reported – by the troubadours of fake news on social media – to have resigned in protest against the conduct of other members of the panel. The National Judicial Council issued a statement torpedoing the falsehood.

The appeal court concluded hearing on the matter on August 1 and reserved judgment. But the violence against the judiciary has ratcheted up. A few days ago, a vicious and injurious defamation, pertaining to the cases before the presidential election court, against a former governor and minister twirled on the ubiquitous and ungoverned social media. The photo of an individual alleged to be a judge with his grandchildren was published and assaulted on the same network as well.

As you read through this filament of words, a large billboard with the words “ALL EYES ON THE JUDICIARY” is currently on display on Abuja-Keffi Road, just opposite Mogadishu Barracks in the Federal Capital Territory. These are clearly subliminal threats against the judiciary.

The petals of desperation. The exploitation of mass hysteria. And the concomitants of confusion.

It is clear that the unlawful resort to naked blackmail against judges is to menace the judiciary – to bend it to the will of those seeking political gains. And perhaps to create a siege of option and chaos should the judgment of the presidential election court reflect a different candidate; and to prejudice the court with an impossible fait accompli.

It is dangerous having very high hopes where there is no similitude of chance; it is foolhardy creating a dream that is unrealisable. It is unwise holding unto an illusion, believing it and living it. The only way out of this phantasm is the asylum.

It is important to mention that government, at all levels, is also complicit in the collapsing stature of the judiciary. The disregard for court orders and the raiding of residences of judges as witnessed in previous administrations contribute to the desecration of the temple of justice. The judiciary itself is not without blame, but we must not in any way discredit this seminal institution or blot out its indispensability. The judiciary is too important to hold in contempt.

Nigerians must understand that the judiciary is the terminal instrument of all citizens. It must remain sacred. What is holy should be left whole. It must not be scandalised and diminished by those who lack basic understanding of how institutions function. It must not become a sport for political gladiator-ship, manoeuvrings, and attacks. It should be left in its pristineness to function.

The danger of scandalising the judiciary is enormous for society. Nothing can stand in a society where the judiciary is minimised, abused, and ridiculed. Even under military regimes, the judiciary is allowed to function because of its central role in the balance of society and in the maintenance of law and order.

This violence against the judiciary must stop.

Blackmailing or desperately trying to arm-twist God is a defeatist mindset, programmed and suspectable to manipulation. 'Man, Know Thyself' - this simple admonition by Socrates, speaks volumes. If you take it as a command then hearken to it and towards understanding who you are, your life will have more meaning. The match towards an African cultural renaissance is not a speculation that should be left hanging on an ivory tower but rather a reality that is praxis-oriented. 
 
Interestingly, so much has been written about how to move Africa forward along the path of peace, progress,, and prosperity. Even the so-called experts have identified challenges that are endemic to the continent. They include poverty, disease, hunger, destitution, war, corruption, and leadership crisis. According to the experts, all of these challenges bogged down the continent. The challenges are like a hydra-headed monster: as one challenge is tackled another one springs up, leaving experts rather bewildered as to how to go about the Africa Question.
 
Regrettably, the root causes of these numerous challenges are diverse and interconnected, including economic deprivation, corruption, social inequality, ethnoreligious tensions, weak institutional capacity, and ineffective law enforcement. The adverse effects of these challenges are evident in the high levels of poverty, unemployment, social unrest, and the growing disillusionment among the populace in the rich continent of Africa. Thus, it has become imperative that we applied the mindset of the African Renaissance to the challenges confronting our beloved continent of Africa - thereby simplifying the complexity of governance.
 
Furthermore, it is worthy of note, to explain the importance of the African Renaissance as a philosophical and political movement programmed to end violence, elitism, corruption, and poverty believed to have plagued the African continent, and to replace them with a more just and equitable order. Africa has numerous ethnic nationalities all with varying qualities such as language, dishes, greetings, dressing, and dances. However, all African peoples share a series of dominant cultural traits that distinguish African Culture from the rest of the world. For example, social values, religion, morals, political values, economics, and aesthetic values all contribute to African Culture. 
 
Additionally, the call for a cultural revolution does not mean a call to primitivism; it is not a call back to cultural practices such as the killing of twins, patriarchy, human sacrifices nor the visualization of Western education as taboo or abomination as some groups hold (The Boko Haram misadventure). Also, it is not a call to close the door against cultural revolution. This contribution argues that for Africans to be Africans, they must know what makes them Africans with regard to their cultural heritage.
 
As a rich cultural revolution and blessed continent, we need to move from the chapters of challenges to the pages of triumphs. Similarly, the expressions of culture are abundant within Africa, with large amounts of cultural diversity being found not only across different countries but also within single countries. Even though African cultures are widely diverse, they are also, when closely studied, seen to have many similarities; for example, the morals they uphold, their love and respect for their culture, as well as the strong respect they hold for the aged and the important, i.e. kings and chiefs. Therefore the mantra 'African Solutions to African Problems'.
 
In as much as Ghana's economy is deteriorating under his leadership, President Nana Dankwa Akuffo Addo never minced words in saying the truth to the face of the French president, Emmanuel Macron, re-echoing what the "Osagyefo Kwame Nkrumah" stood for, that, "if Africans are left alone, we'll be able to decide our own destinies". Right now, the supposed emergency ECOWAS meeting to be held in Accra Ghana has been cancelled because the Ashantis objected to military intervention in the Republic of Niger. This is a clarion call for all and we should support the francophones that are saying enough to "Neocolonialism" and not to be against them. We need a united Africa and not a divided one. 
 
So, there is a need for caution. Not hubris! Times like this indeed call for a measure of sobriety and there are lessons we can learn from what is happening in other countries. France provides a ready example. Let me be very clear, watching the video clip of Sen Orji Uzor Kalu advising President Tinubu not to join ECOWAS to wage war against the Niger Republic! It was the 'African Solutions to African Problems' that resonates with the message. He did that unapologetically! As a Distinguished Senator, patriot, and statesman that is concerned about Nation-building.
 
Sen Orji Uzor Kalu advising the Military Junta, profoundly posited: "I am appealing to the conscience of the Niger ruling military junta to release the Ousted President, Mohammed Bazoum, and allow him to go on exile to another country.  No one will bring war to you if you release him and his family because it’s not necessary. The leaders should also plan a transitional program that would see to the return of civil rule in earnest." It is thus, imperative that Africans should take responsibility for their development.
 
Richard Odusanya is a Mind Restructuring Enthusiast.
 
 
 
 
 
 

It’s been over three weeks since the military junta led by General Abdourahamane Tchiani sacked the administration of democratically elected President Mohamed Bazoum of Niger Republic – our next door neighbor – on July 26. During the period, leaders and heads of governments in the Economic Community of West African States (ECOWAS) have held two extra-ordinary summits in Abuja to agree on what to do next, especially defending democracy in the sub-region.

Bazoum and his family have been under house arrest since the Presidential Guard launched the coup. No one is sure of Bazoum’s fate but it has been reported that he is held under inhumane conditions. Bazoum’s daughter, Zazia, 34, who was on holiday in France when her father was overthrown, told The Guardian of London that electricity supply to the presidential residence was cut off. They also don’t have clean water, and their gas oven is running out of fuel, she said.

If anything, the military junta is likely to infringe on Bazoum’s human rights. For the avoidance of doubt, military coups in the region have not helped anyone; instead, they are a bloody waste of time and plundering of resources. They inflict more pain on the people, retard their progress and increase multi-dimensional poverty.

This explains why the international community condemned the coup in Niger. ECOWAS, the United States, the European Union, the UN and the Africa Union have all spoken with one voice: this coup is unacceptable.

 

But observers are not surprised neither are they impressed that Mali, Burkina Faso and Guinea declared support for the Nigerien junta – they are birds of the same feather. The Interim President of Mali, Colonel Assimi Goita, has been in charge since the night of May 24, 2021. Elections that were supposed to hold last year were suspended by Goita. Who can challenge the military strongman after announcing that the transition to democracy will be delayed for two years?

In the case of Burkina Faso, the story is not different. On September 30, 2022, a coup d’état that removed Interim President Paul-Henri Sandaogo Damiba took place, and he was replaced by Captain Ibrahim Traore as the new interim leader. Damiba who was also the beneficiary of a military takeover eight months earlier, was sacked over his alleged inability to deal with the “security situation” in the country.

President Alpha Conde of Guinea was captured in the capital Conakry by the country’s armed forces in a military coup on September 5, 2021. Special Forces commander, Mamady Doumbouya, released a broadcast on television announcing the dissolution of the constitution and government.

 

Even in Sierra Leone, a coup attempt was foiled recently. If we look at the evolving playbook of instability and military takeovers in the West African sub-region, Chad will not be exempted for its own self-inflicted wounds ranging from repression of dissent, food insecurity, humanitarian crisis, corruption, violence and endemic poverty. 

The seed of instability was planted by Chadian President Idriss Deby who died on April 20, 2021 in a military action while commanding troops in the Northern Chad offensive. He was both politician and military officer, and he became president of the country in 1990. He was succeeded by his son, Mahamat, a four-star general.

On the UNDP’s Human Development Index, Chad is ranked miserably at 187th out of 189 countries. This is a country that links central and western Africa with Sudan and the Maghreb. Isn’t it a shame that most countries on the west coast of Africa do not appreciate what they have in terms of strategic locations and the resources that they are endowed with?

Suddenly, ECOWAS believes the disturbing pattern of coups must end, but how does the regional body intend to go about it? Interestingly, all the so-called interim leaders in the Francophone coup-prone countries with outdated one-way allegiance to France cite the same reasons for staging coup d’états: widespread insecurity, electoral malpractices, corruption and bad governance.

 

As the Chairman of ECOWAS, President Bola Ahmed Tinubu is wearing two caps, and he must have experienced awkward moments in deciding the course of action with his colleagues. The seven states in Northern Nigeria bordering Niger whom he hosted in Aso Villa are opposed to any act of aggression. 

This position is similarly canvassed by opinion leaders and other stakeholders from that section of the country. They see Nigeriens as their kith and kin with whom they have shared a common ancestry and heritage over several decades. 

The other matter is that the Nigerian Senate turned down President Tinubu’s request to use military force in Niger. It is evident that the optics do not favour war that could escalate, in spite of the bluff from the military junta in Niamey.

The dilemma of ECOWAS is that the initial ultimatum for the military junta in Niger to restore constitutional order and bring back Bazoum as the country’s leader within seven days was hasty and wrong-headed; it was not a strategic decision.

 

With the military leaders in Niger digging in and forming a government, they have sent a strong message to ECOWAS that they mean business.

At the second ECOWAS meeting in Abuja after the ultimatum lapsed, President Bola Tinubu explained that the regional body would explore all diplomatic means to engage the Nigerien junta, adding that the use of force should not be ruled out.

 

However, military intervention in Niger by ECOWAS has been trailed by unpopular sentiments in Nigeria and Niger. Some analysts believe it is a face-saving gesture by ECOWAS leaders. But the military junta is over-reaching itself by snubbing emissaries from Nigeria. It is certainly not a good idea and it is in their best interest to embrace dialogue and discuss a democratic order.

But who will pay for the military confrontation in Niger? Wars cost money and Nigeria is not in a position economically to play any “big-brother” role in the sub-region. In terms of military might, Nigeria is way ahead of Niger and other countries in the sub-region but it is important to note that it is ECOWAS – not Nigeria – that has a dog in the fight.

 

Why is Alassane Quattara, the President of Cote d’Ivoire, asking for the use of force against Niger instead of pushing for a diplomatic resolution? Quattara has been in office since December 4, 2010 and if he did not engineer a constitutional amendment in 2016 that paved the way for his third term, his two-term limit of five years each would have ended three years ago.

Quattara described those behind the coup in Niger as “terrorists,” but he has no moral authority to speak on the crisis in Niger. Coup plotters point to sit-tight leaders like him as the reason for their military interventions. 

 

As we have seen in the last three years, such military actions instigate political violence and armed conflict in the sub-region. The Ivorian president must admit that he abused constitutional democracy in his country and apologise to his people.

Going forward, ECOWAS should be clear about their next line of action. Are they pursuing dialogue and diplomacy or the use of force? What is the “standby force” all about? While I concede that ECOWAS should continue to defend democracy and promote peaceful resolutions as much as possible where there are conflicts, the body should avoid war and continue to apply sanctions on Niger and force the junta to the negotiation table.

The mere fact that the USA, Russia and France have boots on the ground in Niger is a clear indication that a “proxy” war is inevitable. These countries, as always, would protect their strategic interests in Niger and other countries where they have presence.

If coup d’états are becoming fashionable in West Africa with “interim presidents” that refuse to leave office, shouldn’t we be worried about the coup in Niger that is in our backyard? Is that why ECOWAS is considering a military option? Is President Tinubu also inclined to go to war to teach the military junta a lesson?

As we search for answers to these questions, there are useful lessons that we can learn from the Russia-Ukraine war that has dragged on for 18 months with significant casualties on both sides and avoidable humanitarian crisis before we embark on a military action in Niger.

Braimah is a global public relations and marketing strategist. He is also the publisher/editor-in-chief of Naija Times (https://ntm.ng) and Lagos Post (https://lagospost.ng), and can be reached via This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Niger Republic coup leader, General Abdourahmane Tchiani has agreed to dialogue with the Economic Community of West African States (ECOWAS) after his meeting with Nigerian Islamic scholars led by the national leader of Jama’atu Izalatil Bid’ah Wa Iqamatus Sunnah (JIBWIS), Sheikh Abdullahi Bala Lau in Niger Republic.

According to Niger Republic’s Prime Minister, Ali Mahamane Lamine Zeine, General Tchiani gave the green light for talks with ECOWAS and was optimistic the talks with ECOWAS would take place in the next few days.

“We have agreed and the leader of our country has given the green light for dialogue. They will now go back and inform the Nigerian President what they have heard from us. We hope in the coming days, they (ECOWAS) will come here to meet us to discuss how the sanctions imposed against us will be lifted,’’ he said.

[NationalDaily]

 

 

 

 
 
 

In a bizarre and unexpected event, a British Airways flight from Lagos, Nigeria, to London on July 29, 2023, witnessed an incident that left both passengers and crew astonished. An overweight passenger found himself trapped in a first-class seat on the Boeing 777-300ER aircraft during the 6-hour journey.

Seated in the capacious 1A first-class seat, known for its luxurious amenities including 78 inches of legroom and a generous seat width of 22 inches, the passenger unknowingly became ensnared by the seat’s structure.

The flight touched down at London’s Heathrow Airport at approximately 05:00 local time. However, it was upon arrival that the passenger discovered the problem, prompting swift action from flight attendants who helped him out of the seat while keeping him calm.

As the situation proved more challenging than anticipated, an unconventional engineering solution was devised to facilitate the passenger’s extraction. The decision was made to remove the door of the suite housing the first-class seat and employ a hoist mechanism to carefully disentangle the passenger from his snug but inconvenient position in seat 1A.

 

An airline spokesperson revealed, “The passenger was mortified. It’s astonishing because the seats are the most spacious available. It was as embarrassing as it can get for him — especially when a door in the cabin had to be removed.”

[airlive]

 
 

The Obi-Datti Campaign Organisation has described the three months administration of President Bola Tinubu-led All Progressives Congress, APC, as 76 days of gross darkness.

 

Director General of the Obi-Datti Campaign Organisation, Balogun Akin Osuntokun,.said this in a lengthy article, in Abuja, on Sunday.

 

According to the organisation, Nigerians have over this period been at the receiving end of an i’ll prepared leadership which has unleashed a series of i’ll-thought out policies that have led to the loss of livelihoods, business, jobs and increased poverty.

He said, “After over seventy-six days in office, what are Nigerians getting and how are they faring: unplanned and ill-thought removal of fuel subsidy and unification of exchange rates; uncoordinated and confusing policy announcements; exponential increase in the prices of all goods and services especially food and other basic consumables; decline in National Savings Rate and erosion of disposable incomes of Nigerians, increasing poverty and insecurity.

Osuntokun argued that all this was happening along side “unimaginable extravagance and exponential increase in the cost and waste of governance exemplified with interminable appointments of litany of ministers and aides, and then a most unexamined desire to go to a clearly avoidable war with our very close neighbor and brother, Republic of Niger. “

According to him, the list is unending, confusing, most unfortunate, and lamentable.

He stressed that there is a clear lack of grasp of the undergirding ethos of good governance predicated on short, medium, and long-term stimulus strategies and policies. 

Nigeria, he pointed out can ill afford this experimental leadership approach and foray into governance by stealth with no imagination, deep thinking, substance, and concrete ameliorative policies.

The DG stated that, “In their own words, the APC-led government admitted their error of declaring subsidy removal and currency unification without adequate plans to mitigate the potentially huge consequences, as Nigerians are now witnessing in anguish.

 

“For APC and their leaders, who claim to have long been prepared for the job of presiding over Nigeria’s administrative affairs, to commit such a blunder, at this critical troubling period of our nation’s history, is inexcusable.

“The magnitude of such mistake which has debased and threatens to wipe out businesses with unprecedented worsening of the living conditions of Nigerians cannot be wished away with mere promises without adequate plans.

“Given their unrelenting lies and blame games, some clarifications are imperative. Do Nigerians deserve to have subsidies?

“ Yes, they do as governments all over the world including in advanced countries offer subsidies to their citizens in various ways. Should the subsidy be removed in Nigeria?

“Yes, it should because it has been grossly mismanaged in an organized crime cartel manner with unparalleled corruption, official malfeasance, and embezzlement of taxpayers’ money. “

Our plan on petrol subsidy removal

He explained that the Labour Party and its candidate, Peter Obi, campaigned and promised to remove subsidies with a clear cut plan on how to go about doing so.

Osuntokun said, “In line with our belief and promise to create and lead a New Nigeria, That is Possible, the Labour Party campaigned for the removal of petrol subsidies principally to end the criminal appropriation of our national resources by a privileged few and their connected cronies.

“This was to be achieved through a gradual process including the effective repairs and functioning of our refineries and activation of compressed natural gas (CNG) opportunities to avoid dramatic increases in fuel prices, inflation, and pains for Nigerians.

“Nigerians should recall that the genuine efforts to remove the subsidy and end the associated embezzlement of our common resources in 2012 by the then government of President Goodluck Jonathan were strategically thwarted and stopped by the current APC Chieftains in their characteristic deceit to endear themselves to Nigerians and attain power.

“Lamentably even after deceptively and most unfortunately taking power from PDP in 2015, the then APC government refused to remove the subsidy and even used it to sabotage the 2023 elections thus affirming their unwillingness to stop the looting of Nigeria as they are part of the looting cartel themselves.

“Not only did they fail to stop the looting through the removal of the subsidy, but they also expanded it through all kinds of expenditures leading to our current debt crisis of over N77 trillion naira up from about N15 trillion when Buhari took over.

“As they were looting Nigeria dry in the guise of subsidy and other frauds, our dear Nation, Nigeria, acquired the dubious distinction of becoming the poverty capital of the world with over 135 million Nigerians now classified as multidimensional poor, unemployment skyrocketed to over 35%, insecurity escalated to a frightening level never seen before in Nigeria and all other socio-economic development variables all negative and heading south.”

 APC rigged itself back to power

The campaign DG further said, “Most unfortunately again, even after being rejected by the majority of Nigerians in the 2023 elections, they egregiously colluded with INEC and rigged themselves back to power being naturally unfit and unprepared for effective and good governance, they most recklessly and suddenly announced the removal of subsidy and unified the exchange rates,  consequently causing Nigerians a most avoidable traumatic pain and misery with unprecedented resultant fuel price hike of over 300%, a dollar exchanging for almost a N1000 and exponential increase in the price all goods and services especially food.

“If the APC gang had not been inordinate for power and had allowed the petrol subsidy to be removed in 2012, Nigeria would have saved over N50 trillion that would have been used as a safety net and cushion but also used to eradicate poverty, improve education, health and security, create jobs, build an efficient transport system and make Nigeria truly the giant of Africa through a shift from consumption to production. These are the real subsidies Nigerians truly and urgently need.”

 What Tinubu, APC should do

He also demanded that the ruling party should apologies to Nigerians and at least provide good governance while it still had little time to do so.

Osuntokun stated that, “With their continued failures in providing the required leadership, the appropriate thing APC led government should do is to apologize to Nigerians particularly President Jonathan and members of his 2012 economic team as advised by many Nigerians.

“After apologizing, they should (in their temporary stay in power), at least seek to provide good leadership and governance by engaging the people, especially the workers, and fashioning out a clear strategy to manage their inconsistent, confusing, and annihilating policies.

“In addition, they should launch an investigation into NNPC management of the subsidy regime, the huge oil theft, and corruption that have caused Nigeria a serious financial crisis with a determination to effectively prosecute all those involved in the subsidy perfidy and fraud.”

[Vanguard]

The Federal Competition and Consumer Protection Commission (FCCPC) says its investigation into the Point of Sale (PoS) operators’ service charge price increase is not a collaborative or coordinated.

Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.

Irukera said the commission came to that conclusion after its surveillance and spot checks on members of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN).

 

According to him, what we have learnt is that this coordinated approach to proceed increase did not occur.

NAN reports that FCCPC had threatened to prosecute members of AMMBAN over collaborative price fixing in accordance with the FCCPAct 2018.

The commission also entered an Order and Notice to AMMBAN to desist from the conduct that constituted an infringement of the law.

”I understand price increases are not uniform or coordinated with each other which is what we insisted on.

”We met with the association some days ago, and our people have been embarking on aggressive surveillance and spot checks.

”What we have learned is that this coordinated approach to proceed increase did not occur.

”National executive members of the association also noted that they did not and would not engage in that conduct.

”It will be interesting to discover if this really happened,” Irukera said.

On protecting bank customers from incessant bank charges, Irukera said Banks and other Financial Institutions Act (BOFIA), empowered only the Central Bank of Nigeria (CBN) to regulate banks.

”Under BOFIA, CBN regulates banks to the statutory exclusion of FCCPC,” he said.

[DailyPost]

The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, told his congregation on Sunday that he warned against the “Emilokan” kind of politics.

Emilokan, a Yoruba saying, meaning ‘It’s my turn,’ became very popular when it was used by President Bola Tinubu during his 2023 pre-election campaign.

Bakare, during a State of the Nation broadcast, at the church in Ikeja, Lagos, said ’emilokan’ was a tendency of authoritarianism.

During his speech themed ‘Vice, Virtue & Time: Three Things That Never Stand Still,’ the cleric said, “I’m reminded of the warning that I sounded to Nigerians in January 2023 in my address titled, ‘Bridging the gap between politics and governance.’ 

“I warned that the politics of entitlement; the ’emilokan’ type of politics would breed an imperium presidency, one that would slide towards dictatorship and would be intolerant of dissent.”

Bakare’s comments were regarding the arrest, detention and prosecution of the suspended Central Bank Governor, Godwin Emefiele, as well as the detention of the former boss of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, by the Department of State Services.

The DSS arrested Emefiele in June, which according to the spokesperson of the security agency, Peter Afunanya, “was on the strength of suspected fresh criminal infractions/information, one of which forms the basis for his current prosecution.”

The Federal High Court in Lagos, last Thursday, fixed August 15 to hear an application by Emefiele seeking to halt his trial by the Federal Government through the DSS.

Reacting, Bakare said, “The actions of the DSS have raised concerns about professionalism and adherence to the rule of law. The reported invasion of the premises of the EFCC and the handling of the case of Emefiele have sparked discussions regarding the need for due process and equitable application of justice.

“The handling of the Emefiele case has sent a signal to the world and the current President’s disposition to the war against corruption.”

The cleric said the war against corruption by the present administration was like making some people scapegoats by virtue of them being “political adversaries while various other major enemies of Nigeria remain untouched.”

He said Emefiele if found culpable, should be prosecuted, adding that the suspended CBN governor might have made a wrong call in the management of the monetary affairs of the country, but he should not be made a scapegoat because he could not have acted without presidential authorisation.

[Punch]

Anthony Joshua, the British boxer of Nigerian heritage, defeated Robert Helenius, his opponent, via knockout in their heavyweight boxing bout at the O2 Arena in London on Saturday night.

The former heavyweight champion won the fight after he handed his opponent from Finland a brutal punch in the seventh round.

With the triumph, Joshua scores his first knockout win since December 2020 when he defeated Bulgarian Kubrat Pulev in a WBA, IBO, IBF and WBO title defence.

Helenius, who replaced banned Dylian White one week before the bout, required oxygen but recovered to congratulate a slim-looking Joshua before exiting the ring unaided.

 

“I knew this would happen, everyone’s talking about the new AJ and the old AJ and after two or three rounds the crowd starts to get a little bit impatient,” said Eddie Hearn, Joshua’s promoter, in a chat with BBC.

“He finds the measure of his right hand and he delivers one of the knockouts of the year on Robert Helenius… this is just the AJ you’re going to see now.

“He’s still got to be more aggressive than we saw tonight but there’s a lot on the line.”

 

It is back-to-back wins for Joshua after his decision victory against Jermaine Franklin in April.

It is also his second victory since relinquishing his heavyweight title belts to Oleksandr Usyk who defeated him on two occasions.

Usyk defeated Joshua on September 25, 2021. The British boxer also suffered in the hands of his Ukrainian counterpart for the second time on August 21, 2022.

Joshua extends his record to 26 wins and three defeats, with 23 of his wins coming via knockout.

 

The 33-year-old is expected to fight Deontey Wilder in January 2024.

Wilder knocked out Helenius in the first round of their fight last October.

[TheCable]