Celebrity businessman Pascal Okechukwu, a k a Cubana Chief Priest has told Federal High Court in Lagos that he has 1000 workers on his payroll while he is also suffering from heart palpitations as a result of his weight

Lawyer to Cubana Chief Priest, Mr Chikaosolu Ojukwu ,SAN, said this while urging the court to grant him bail after he pleaded not guilty to three counts charges bordering an alleged abuse of the Naira currency.

The Economic and Financial Crimes Commission, EFCC accused the celebrity businessman of spraying and tampering with the Naira notes during a social event at Eko Hotel in Lagos.

When the case was called on Wednesday, Mrs Bilikisu Buhari, appeared for the prosecution

The defence counsel then first informed the court of a preliminary objection challenging the courts jurisdiction as well as a bail application files on behalf of the defendant.

He informed the court that the prosecution was not opposed to same.

After the charge was read to Cubana Chief Priest, he pleaded not guilty to the charge.

In moving the bail application of the defendant, counsel urged the court to grant him bail on liberal terms .

He told the court that the defendant was admitted by the prosecution following his health condition, adding that due to his weight, the defendant suffers palpitation

Besides, he told the court that the offence with which the Cubana Chief Priest is charged is a misdeamenour and that the prescribed punishment ranges from a fine of N50,000 or an imprisonment term of six months.

He urged the court to grant bail on very liberal terms to the defendant as he is a first offender with no past criminal records .

Counsel also informed the court that the Cubana Chief Priest is an employer of labour with over 1000 employees on his payroll, who are dependent on their jobs.

He, consequently, urged the court to grant his application as moved

In response, the prosecutor said she will leave the issue of bail to the discretion of the court.

The court is yet to deliver ruling on the bail.

(NAN)

The Presidential Candidate of the Labour Party in the 2023 general elections, Peter Obi, has decried what described as insensitive and undeserving allocations in the 2024 federal budget.

Obi, who had previously called for a total review of the 2024 budget, said the appropriation act showed various misplaced priorities which are tilted against the poor in our midst.

A statement by Obi’s media team signed by Dr Yunusa Tanko, the former presidential candidate said he could not understand how the National Assembly Hospital would get N15 Billion for one year which is five times more than that of the National Hospital and six other premier Teaching Hospitals in the country.

The statement quoted the former Anambra State Governor thus: “I will remain persistent in my expressions of deep concern about the 2024 budget because of its critical importance to the lives of the citizens, especially the poor in our midst.

“I will continue to do so until the end of the year as a matter of patriotic engagement. This is because the many negatives of the budget have far-reaching implications for the development of our dear nation and the well-being of our citizens.

“It is evident that there are items in the budget that do not align with our current circumstances, and it is imperative to call for a review and appropriate virement. Allocating our scarce resources to high-priority areas of need is essential for the well-being of the nation.

“For instance, allocating N15 billion solely for the National Assembly hospital is unacceptable, especially when it exceeds five times the budgetary allocation to **The National Hospital** or the combined capital vote of our six major teaching hospitals across the nation, namely; University College Hospital, Ibadan; University of Nigeria Teaching Hospital, Enugu; Ahmadu Bello University Teaching Hospital, Zaria; Obafemi Awolowo University Teaching Hospital, Ile-Ife; Jos University Teaching Hospital and University of Ilorin Teaching Hospital. This disparity reflects a low level of care for the rest of society.”

He also questioned the budgetary allocation of N15.3 billion for the National Assembly library project and procurement of books, including the e-Library, in a country without a National Library, saying it is disappointing.

“The National Library has been under construction for the past 20 years, and its budgetary allocation for 2024 is less than 1B Naira, which makes the National Assembly Library budget 15 times more.
“Again the National Assembly Library budget is more than the combined budget of the top national universities’ libraries that desperately need the Libraries for research, teaching and learning purposes.

“Furthermore, allocating N10 billion for the Senate’s and House of Representatives car parks and the National Assembly Recreation Centre, while allocating less to the Ministry of Science, Technology, and Innovation, is concerning.

In an era where science, technology and innovation are crucial for the nation’s future, such allocations demonstrate a lack of foresight and basic awareness of global trends and urgent national priorities.”

“This level of insensitivity to the present situation and challenges faced by the people should not be tolerated by any development-minded nation.

“Every scarce resource must be directed towards productive sectors of the economy. It is time for our nation to reassess its priorities, revisit the budget, eliminate frivolous expenditures and channel our resources properly for the benefit of the people. No great nation is built on a foundation of waste and frivolity, ” he said.

[Leadership]

The United Kingdom has said that it is clear that Israel is “making a decision to act.”

He spoke following Iran’s missile and drone attacks launched toward Israel on Saturday which were intercepted and neutralised with the help of the UK, the US, France and Jordan.

According to Reuters, the Foreign Secretary, who spoke with reporters in Israel, also said that the UK wanted to see new sanctions on Iran, saying “They need to be given a clear unequivocal message by the G7.”

Cameron said, “It’s clear the Israelis are making a decision to act,” and that “We hope they do so in a way that does as little to escalate this as possible.”

He said he was in Jerusalem to “show solidarity after that appalling attack by Iran”, saying:

“It’s right to have made our views clear about what should happen next, but it’s clear the Israelis are making a decision to act.

“We hope they do so in a way that does as little to escalate this as possible. And in a way that, as I said yesterday, is smart as well as tough.

“But the real need is to refocus back on Hamas, back on the hostages, back on getting the aid in, back on getting a pause in the conflict in Gaza.”

While in Israel Cameron is expected to meet Prime Minister Benjamin Netanyahu and other Israeli leaders, as well as visit the occupied West Bank.

[DailyPost]

The National Chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje says he remains the National Chairman of the party, boasting to the Kano State Government that he is unshakeable.

In a viral video, Ganduje was seen amidst a host of party supporters saying that he had met with President Bola Ahmed Tinubu, adding that the President guaranteed his position as the party chairman.

He said, “Yesterday (Tuesday), I met with the president and I explained to him and he said he is also thankful for what you did. What was done is shambolic. He said you should be patient enough. This seat they are looking up to still stands unshakeable.

“Tell Kano State Government that the seat of National Chairman of APC in Nigeria is on Abdullahi Umar Ganduje. We are here unshakable.”

Daily Trust reports that recently, the APC had accused the Kano State Government of sponsoring elements in Ganduje Ward to announce the suspension of the National Chairman.

However, the government had swiftly denied any involvement, labelling it an “internal crisis” within the APC.

Meanwhile, a Kano State High Court on has affirmed Ganduje’s suspension.

The court, while granting an exparte order, also restrained Ganduje from further parading himself as a member of the party.

The order, a copy of which was cited by Daily Trust, was granted by Justice Usman Malam Na’abba, on Tuesday.

The order followed an exparte motion filed Haladu Gwanjo and Laminu Sani by their counsel Ibrahim Sa’ad.

The plaintiffs, who identified as executive members of APC Ganduje ward, said they brought the motion on behalf of the executive members of the ward.

Gwanjo, who identified as the party’s ward Legal Adviser, was the one that announced the suspension of Ganduje two days ago.

The court ordered, that henceforth, Ganduje should desist from presiding over all affairs of the National Working Committee (NWC) of APC.

[Dailytrust]

No fewer than 29 suspects were on Wednesday arraigned before the Chief Magistrate Court for involvement and roles in aborted invasion of the Oyo State Government Secretariat on Saturday, April 13.

They were arraigned on seven count charge bothering on treasonable felony, unlawful society, illegal possession of firearm, going armed and conduct likely to cause breach of peace.

The offences, according to the Investigative Police Officer, Bakare Rasaq, an Inspector with the State Criminal Investigation Department, Iyaganku, Ibadan is contrary to and punishable under Section 516 of the Criminak Code, Cap 38, Vol.II, Laws of Oyo State of Nigeria, 2000.

The number is an increase of eight more following the parade of 21 suspects erier by the Oyo Police Command. 

The case with charge number Mi/520c/2024 is between the Commissioner of Police vs the 29 suspects. 

Details Shortly…

[TheNation]

The Federal High Court in Lagos State, on Wednesday, granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum.

Earlier, the celebrity bar man pleaded not guilty to tampering and abusing the naira during his trial.

Cubana Chief Priest was arraigned before Justice Kehinde Ogundare on three counts bordering on abuse of naira by allegedly spraying and tampering with the nation’s currency at a social event, contrary to the provisions of the Central Bank Act of 2007.

He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel.

Cubana Chief Priest was said to have also committed the offences while dancing during a social event.

He was said to have tampered with funds in the denomination of N500 notes issued by the CBN by spraying the same for two hours.

In the charge marked FHC/L/ 246/2024, obtained by The PUNCH, the Economic and Financial Crimes Commission alleged that sometime in 2020, during a social event in Lagos, Cubana Chief Priest tampered with funds in the denomination of N500 issued by the Central Bank of Nigeria, by spraying the same for two hours.

In Count 3, it was alleged: “That you, Okechukwu Pascal, sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”

The EFCC, on April 5, 2024, secured the conviction of popular cross-dresser, Idris Okuneye, also known as Bobrisky, on similar charges for which he was sentenced to six-month imprisonment on Friday, April 12, 2024.

Earlier on Sunday, the EFCC revealed that it was probing several celebrities over alleged abuse of Naira notes.

In a statement, its spokesperson, Dele Oyewale, said, “Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.

“The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”

Details later…

[Punch]

A Nigerian-born medical doctor, Dr Seyi Oyesola is one of the popular and intelligent inventors in the medical world as he co-invented “hospital in a box” called CompactOR (Compact Operating Room) in 2007.

The “Hospital in a Box” was a portable set with the capability of bringing surgical care to all parts of the African continent.

According to information on Wikipedia, the CompactOR was movable and could be delivered to rural areas and other places with jeep or helicopter. 

Another amazing feature of the “hospital in a box” was that it could be set up in just ten minutes with a complete operating room with all the relevant surgical tools including the defibrillators, EKG monitoring, anesthesia and surgical lighting. 

It was solar paneled and could perform oral surgeries like the removal of wisdom teeth, removal of cataracts, gall bladders and appendices, and has successfully been used. 

The estimated cost of the basic hospital in a box was less than £50,000 (around US $77,350) which was about one fifth of the cost made available for the same services.

Oyesola was born in Nigeria but grew up in Cleveland, the United States. He graduated from high school in 1975 and came down to Nigeria where he obtained his Bachelors of Science Degree from the University of Lagos in 1986. 

Dr Seyi Oyesola practised in Nigeria for a short time before going to the United Kingdom and the US for specialised training in anesthesiology and critical care.

He explained that the idea and passion behind the creation of ‘hospital in a box’ was the experience of how people died from simple treatable and manageable illnesses like trauma, burn and heart attacks in community hospitals and health centres, when he came to the country to practise in 2015.

This was where the innovation on improving the health sector in the country began. He worked in the University of Lagos where he rose to lead a team of young doctors in anesthesiology.

Dr Oyesola was appointed consultant at Medway Maritime Hospital in the UK. In 1998, he joined the University of California, Los Angeles as a visiting Assistant Professor. In 1999, he became a consultant in anesthesia and critical care in the UK National Health Service (NHS). He also taught at the medical simulation center of the Imperial College School of Medicine in 2001.

Aside from the invention, he participated in performing the first successful kidney transplant at the Delta State University Teaching Hospital in 2014.

He has worked for more than 25 years on the special needs in anesthesiology and critical care, bringing innovation, developing high-tech medical equipment and training to African hospitals as well as visiting rural hospitals.

Oyesola’s achievements include co-authorship and publications of 8 articles on medicine, co-development of CompactOR, establishment of Practice Ventures in 1996, a company that developed and supplied high-tech medical equipment and training to African hospitals.

He also had a successful TED Global talk in 2007 on hospital in a box, he has a Membership of Professional Associations, Association of Anesthetists of Great Britain and Ireland, Royal Society of medicine, Intensive Care Society, UK and Royal College of Surgeons (Anaesthesia) Ireland.

[Vanguard]

The Kano state high court has affirmed the suspension of Abdullahi Ganduje as national chair of the All Progressives Congress (APC).

The court, while granting an ex parte order, also restrained Ganduje from further parading himself as a member of the party.

On April 15, APC executives in Dawakin ward, under Tofa LGA of Kano, suspended Ganduje over alleged corruption.

However, the working committee of the APC in Kano subsequently nullified the suspension and punished the ward executives.

More to follow…

[TheCable]

“Can the Yoruba Christian really avoid sharing things Islamic? If you are a pentecostal Yoruba Christian and you will see it as a sin to celebrate the next Sallah with me, what you will need to throw away will be more than my food. You will stop praying entirely in Yoruba because almost all the key words in the established Christian payers are taken from Arabic/Islamic texts. You will stop calling prayer ‘adura’ because it is from the Muslim ‘Du’a’. You will stop using the word ‘aanu’ (mercy) because the word is rooted in an Arabic word. A new word has to be coined for alafia (peace, wellbeing) because its root is also Arabic. Sermon will stop being called ‘iwaasu’ because it is from the Arabic ‘wa’z’. You will, furthermore, need to change your wardrobe and come up with new designs beyond what you call Yoruba dresses.”

The audience at the 1903 (third year) lecture of the Royal African Society in London listened with rapt attention as African nationalist, Dr. Edward Blyden, took them back to antiquity when “the most enlightened nations of Greece, Asia, and Egypt” held the opinion that “God revealed himself only in Africa.” Great men of that period, including Alexander the Great, rushed to the great oracle of Africa to drop offerings and “learn the will of God.” A few centuries after that epoch, Blyden lamented, Africa, the “first home of God” where He “buried His great truths” had travelled full circle and had come to be identified by the ‘civilised’ world of the 19th century as “the last home of the devil.”

“Now, things have so changed that it is the opinion of some that God is everywhere except in Africa,” Blyden agonized in the lecture which was on ‘West Africa before Europe.’ He went on to predict that “Africa’s turn will be sure to come again” when it would reclaim its place as the “refuge for seers who see and for prophets who prophesy.” Blyden said when that time would have come, an utterly materialized and exhausted Europe would go back to Africa to learn about God. The lecture is in the July 1903 edition of the Journal of the Royal African Society, Volume 2.

Just a hundred years after that lecture, the Blyden prophecy has come true. We’ve reclaimed our place as “the first home of God”. Nigeria, which houses the highest percentage of Africa’s population, qualifies to be celebrated as the global “refuge for seers who see and for prophets who prophesy.” Across faiths, we incubate and hatch men of God and gods of men – in their thousands. We speak and act for God here without counting the costs.

There is something cool about setting precedents. The immediate past Oyo State Governor, the late Abiola Ajimobi, won a second term election in 2015 and pronounced himself Koseleri (it-has-never-happened-before). Nigerians enjoyed an unprecedented three-day leave from work last week. In some places, the holiday lasted the whole of the week. The abstinence from work was the country’s way of celebrating Muslims’ 30 days of total abstinence from day-time meals – and from all sins. Allowing one abstinence to provoke another abstinence made all of us pious and sinless. It was surreal. The holiday should have endured till eternity.

While the holiday lasted, some friends shared their sallah experiences with me. They thought another koseleri was happening in Yorubaland: their pentecostal Christian neighbours refused to eat their food. “They said it was sin to share in our feast,” one of them said, sadly. “That was not who we are”, another added. I told them it is not really a new strain in Yoruba Christianity. I have RCCG and Deeper Life friends who celebrate and dine with me during Ileya. I also have RCCG and Deeper Life friends in whose mouths our good old eran Ileya (sallah ram meat) has lost its holiness. The twists started before the close of the last century when pentecostal Christianity came in costumes of fundamentalism.

Can the Yoruba Christian really avoid sharing things Islamic? If you are a pentecostal Yoruba Christian and you will see it as a sin to celebrate the next Sallah with me, what you will need to throw away will be more than my food. You will stop praying entirely in Yoruba because almost all the key words in the established Christian payers are taken from Arabic/Islamic texts. You will stop calling prayer ‘adura’ because it is from the Muslim ‘Du’a’. You will stop using the word ‘aanu’ (mercy) because the word is rooted in an Arabic word. A new word has to be coined for alafia (peace, wellbeing) because its root is also Arabic. Sermon will stop being called ‘iwaasu’ because it is from the Arabic ‘wa’z’. You will, furthermore, need to change your wardrobe and come up with new designs beyond what you call Yoruba dresses.

British Africanist J.D.Y. Peel’s ‘Christianity, Islam and Orisa Religion’ published in 2016 addresses some of these on pages 162 and 163. It says the agbada dress which you proudly assert as yours is a donation from Islam, perhaps from persons more northerly than northern Nigerians. Anglican missionary, Henry Townsend, in 1847 saw agbada’s acceptance and growing popularity and wrote that the “Mohammedan costume is become very fashionable with the young and gay” and “is by no means put on as a religious peculiarity.” If you read David Heathcote’s ‘The Embroidery of Hausa Dress (1977), cited by R.O.R. Kalilu’ (1997), you will have a clue that the embroidery (jakan) on your agbada “developed from Mali (and) is associated with Quranic scholars and teachers.” You must have heard the saying: Ise agbada kii se Imale (poverty of lack of agbada does not afflict a Muslim). I heard that from the genius of Yoruba Sakara music, Yusuf Olatunji.

There is no escaping the oneness of the world. Do the anti-Muslim pentecostal realize that Bible chapters and verses are numbered in Arabic numerals 1,2,3 etc. The word, ‘Algebra’ is from the Arabic al-jabr. Indeed, the whole “method of equation solving” in Mathematics is from Arabic.

When we speak about what Lord Lugard did with Southern and Northern Nigeria in 1914, we use the word ‘amalgamation.’ Scholars have agreed that ‘amalgamate’ descends from the Arabic al-malghama which means what ‘amalgam’ means.

In your everyday lives, you can’t escape words that have Arabic ancestors. The ‘sugar’ in your tea is from the Arabic word ‘sukkar’; cotton is from ‘qutum’, your overcoat got its ‘jumper’ name from the Arab’s ‘juppa.’ We can go on and on and conclude that it is pointless and fruitless for my Yoruba pentecostal friends to seek to run away from dining with Muslims and their Islam.

Now, the insular Christian has ideological bedmates in Yoruba Islam. There is this Imam in Ogbomoso shown online last week emitting fire and pronouncing everyone outside Islam as hell-bound. His voice was divisively loud and his penal tongue baleful. I listened to him and wondered where he was coming from. I once discussed clerics like this with the late Alaafin of Oyo, Oba Lamidi Adeyemi. “Taa lo ko won ni kewu (who taught them Quran/Arabic?)” was the oba’s rhetorical response to our worries. True, we should ask questions of competence when we hear such papal pronouncement from supposedly learned people. What he said was not what my Mallam taught me in Madrasha. If God had willed, He would have made all of humanity to belong to one nation (see Quran 5:48; see Quran 42:8); and one religious community (Quran 16:93). But, in His wisdom, God didn’t; instead, “to every people”, he sent “an apostle” (Quran 10:47). The Yoruba forbid saying or hearing what that Imam said about other religions. It is unYoruba to speak the language of perdition – they say man is not God.

It is in the character of the Yoruba to celebrate persons who speak with decorum. The highly regarded, thoughtful Chief Imam of Offa, Alhaji Muhyiddin Husayn, was at a Laylatul Qadr event in Ogbomoso a few days to last week’s sallah. His sermon at the programme was a tour de force on how to have a calm sea of peace. I heard him warn against unguarded utterances. He told the Chief Imam of Ogbomoso to win acceptability with character and close his running tap of hot words: “It is when you stop uttering words that words will stop uttering themselves,” he told the Imam. He added that bad words can’t win wars: “if you’ve seen war before, you will fear war” and “war knows no friend.” He cited examples with his own ascendancy experience. “The years I spent warding off attacks were enough as a man’s full tenure,” he said. But, he added, you would win if your tongue is bridled, if you do right and respect elders and pay hate with love. “One can gain an office with force”, he counseled, “but it takes patience and wisdom to sit there in peace.” Words, they say, draw kola nut from the pocket and can also draw sword from the pouch. The consequence of not listening to reason is having one’s milk spilt and the mug broken.

Ask master-potters if refiring can make whole again a broken pot. It is there in the experience of our fathers that a pot once broken, cannot be mended. There are several lethal pronouncements in Yoruba history with the pot metaphor at the centre. That is why we emphasize peace and unity in all our affairs.

The story of Islam and the Yoruba is the story of how leaf becomes soap. Scholars from the earliest of times have always marveled at how the Yoruba seamlessly combine opposition and accommodation when it comes to religion and religious matters. Fundamentalist Christianity and radical Islam have neither comfortable bed nor cushion seat to relax and flourish in Yorubaland. And they won’t tomorrow. There is no family without both Muslim and Christian wings. In books and arts, we encounter moderation and cross-religious handshakes that emphasize the Yoruba moderation in matters of faith.

I read Gbadebo Gbadamosi’s ‘Odu Imale: Islam in Ifa Divination and the Case of Predestined Muslims’ published in the Journal of the Historical Society of Nigeria, June 1977. In it, I encountered discussions on Ifa verses which tell us of Yoruba Muslim clerics, “their dress, travels, and the patronage which they enjoy from the people.” Ifa speaks of “Babamale ‘Bewu gereje/ti yio fi gbogbo aye se ofe je (the Muslim man/ who wears voluminous garment/ who will have the whole world as free bounty).” I read Razaq Kalilu’s ‘Bearded Figure with Leather Sandals: Islam, Historical Cognition And the Visual Arts of The Yoruba’ ((1997). Here, the author asks the reader to note earlier works which suggest that Sango, the third Alaafin of Oyo, was “favorably disposed to Muslims” to the extent that he got an oriki: “Ogbori odo s’aluwala ‘male (He that sits on a mortar to perform ablution like the Muslim.”

Whether Christian, Muslim or nothing, humanity is one – or supposed to be one. One hundred and fifty nine years ago, Harvard-trained American scientist, Pliny Earle Chase (1820-1886), sought to use similar words and word-sounds found in Yoruba and other ‘world’ languages to prove what he called the “universal brotherhood” of man. In a 39-page seminal article published in an 1865 edition of the ‘Transactions of the American Philosophical Society,’ Chase did a painstaking comparison of some Yoruba words and word sounds with some others found in Arabic, Latin, Greek, English, Hebrew, Chinese, German, Coptic, Gothic, French, Dutch, Egyptian, Italian, Finnish, etc languages. He examined similarities in sound and meaning of prefixes, suffixes and midfixes found common across Yoruba and those other languages. He, in particular, draws our attention to what he calls “the marvelous grammatical affinity that exists between the Yoruba, Egyptian, and Coptic Languages.” Copiously using T.J. Bowen’s ‘Grammar and Dictionary of the Yoruba Language’, he argues that it could not have been mere fortuitous occurrence of coincidences that “auro” (owuro)- morning/dawn in Yoruba is “aurora” (dawn) in Latin, just as “awari” (search) in Yoruba shares sound and meaning with the English word “aware”. He writes that there is “oro” (wealth) in Yoruba just as its Latin sound-mate, “aurum”, means gold. Chase notes with considerable interest that the word ‘duro’ means “to stay” (or stand firm) in Yoruba, and ‘duro’ in Latin means hard, harden, toughen, become stern. Incidentally, I also found that there is a similar Hebrew word, ‘dura’ which, among others, means ‘endurance.’ Chase’s conclusion is that humanity is one vindicating the Biblical assertion that “God hath made of one blood all nations of men to dwell on all the face of the earth” (Acts, 17:26).

The world lounges under a fatal canopy. You should be following the escalated bloodshed in the Middle East. The standards and the double standard. It may still get worse. Just as it is in Shakespeare’s Julius Caesar, carrion birds are hooting at noon; ravens, crows and kites are flying above the “sickly” world. But, what we need is love to defeat war. And, we will have this if we are able to take care of the devil in race and religion. It is difficult. Daniel Defoe, in his ‘The True-Born Englishman’ (1701) writes that “Whenever God erects a house of prayer,/ The Devil always builds a chapel there; /And ’twill be found, upon examination (that) / The latter has the largest congregation.”

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government intends to reduce the cost of tax expenditures and ensure that tax incentives have a positive impact on the economy.

Edun said this while discussing the recent approval of incorporating an Incentive Monitoring and Evaluation Platform (IMEP) into the existing Import Duty Exemption Certificate (IDEC) process as captured by a statement released on Monday.

According to the Minister, the IDEC automation, which was introduced as from 1^st March, 2020, is a fiscal incentive by the Federal Government under the Ministry of Finance to boost sectors of the economy by exempting critical players from paying import duty and all other statutory customs charges respectively.

• “This is to provide the Federal Ministry of Finance with a robust automated tool for more effective Monitoring and Evaluation (M &E) measurement of the impact of all customs duty exemptions issued by the Ministry to government entities, companies, non- governmental oganisations (NGOs) and international organisations,” Edun said.

He stated that the system is set up to block and limit access to those who don’t qualify, enforce adherence to fiscal policies, and offer a detailed analysis of how tax incentives affect the economy.

He said that this approach will also help in preventing the misuse of tax expenditures, enhancing the economic benefits derived from fiscal incentives, and improving the direct evaluation of the impact of tax incentives on the economy.

Key features of Incentive Monitoring and Evaluation Platform (IMEP)

Speaking further, Edun identified some of the critical aspects of the Incentive Monitoring and Evaluation Platform (IMEP), which include:

• Duty waiver claw back mechanism for issuance of demand notices to defaulters which would prevent misuse of issued incentive,
• E-report generation,
• A centralised database,
• Factory geo-location tagging,
• Industry qualification status validation, and
• Inter- ministries department and agency (MDA) integration.

Edun also announced that a webinar will be held on Tuesday, April 23, 2024, to explain the updated IDEC process.

[Nairametrics]