FEATURES
On Friday, Omoyele Sowore, Nigerian activist-cum-politician, accused former President Muhammadu Buhari of heading an administration of scammers.
Sowore was reacting to the disappearance of E-Naira which was launched by Buhari’s administration.
In October 2021, the Central Bank of Nigeria launched the digital currency, e-Naira to coincide with Nigeria’s independence anniversary.
Former CBN Governor, Godwin Emefiele had assured that the advantages of the Central Bank Digital Currency, CBDC, are enormous.
The apex bank chief urged Nigerians to embrace the e-Naira and explained it is safer than cryptocurrencies.
Reacting to the disappearance, Sowore said e-Naira has been replaced with T-pain, a term used in referring to President Bola Tinubu and the current hardship.
Posting on X, Sowore wrote: “Where is @Mbuhari and @GodwinIEmefiele’s E-Naira?
"Has it been replaced with T-Pain’s T-NAIRA? Government of Scammers.”
The Central Bank of Nigeria (CBN) has announced that the nation’s external reserves have increased to $40.2 billion as of October 18, 2024.
Deputy Governor, Economic Policy, Mr. Muhammed Andullahi disclosed this at a briefing with foreign investors on the sidelines of the on-going annual meetings of the IMF and World Bank in Washington DC.
The Deputy Governor, Economic Policy, Mr. Muhammed Andullahi, who made the presentation said that the current level of reserve could accommodate 14 .5 months of goods and services import or 18 months for only goods import.
He also disclosed that foreign exchange inflow into the country stood at $57 billion as of August this year.
He added that Capital Importation had nearly doubled to $6.9 billion as of August 2024, compared with $3.9 recorded in the 2023 Financial Year.
He also disclosed that efforts to attract more remittances from Diaspora Nigerians was yielding desired results as it put current monthly remittances at $650 million.
According to him Diaspora remittances had reached a record $3.5 billion compared with a total annual performance of $3.2 billion in 2023.
He said CBN was on its way to achieving its target of $1 billion remittances, monthly.
He further stated that the interventions of the CBN in the FX market had reduced to as low as 5 percent of the market turnover.
He said that the apex bank might intervene from time to time in the FX market but it would make sure that the market does not become dependent on such interventions.
He added that from December, the market would witness the matching system and that players would see a more transparent trading where everyone would see who sold what and bought what.
He added that the nation’s FX market had been broken for about 10 years and what was being witnessed was the result of the long period of the broken market.
While fielding questions from investors, the CBN Governor, Mr. Olayemi Cardoso assured investors that the present FX administration has been incentivized in such a way that Nigerians and investors who want to bring in FX would have no difficulties at all.
He said: “The issue of confidence of Nigerians in their currency, clearly a situation where interests have gone up, we expect that and it is happening that there will be more interest in the local instrument.
“We find that something that is important for these whole adjustments arose from the fact that now, Nigerians will be more inclined to produce locally because it is a lot cheaper for them to do so rather than depend on imported goods. That is a good thing.
“Then regarding the harmonisation of the rates, those who used to send money to Nigeria no longer have the choice of having to find other unorthodox methods of sending their money home.
“I particularly refer to the remittances from the Diaspora. That is why we have had a major uptick in the level of inflows coming from that area.
Oyinkansola Sarah Aderibigbe, the famous Nigerian singer, who is popularly known as Ayra Starr, has said she cannot date any of her colleagues.
She said her dream man is a billionaire who will sponsor her luxurious lifestyle.
The 22-year-old stated this in an interview with Coco Jones for Rolling Stone’s Musicians on Musicians issue.
Coco Jones asked: “Would you want to date someone who’s in your industry because they’ll get it?”
Ayra Starr replied: “In the dream world, it wouldn’t be somebody that is in the [music] industry. Probably just like a billionaire. On a yacht. In Dubai. In a thong [laughs].”
In recent years, the long-standing institution of marriage has experienced numerous transformations, mirroring societal changes, economic conditions, and evolving values.
One particularly intriguing trend emerging in some communities is the concept of men requesting “marriage lists” from multiple women.
This practice, driven by a desire to evaluate potential marriage costs, raises several questions about tradition, love, and the commodification of relationships.
Marriage lists are essentially detailed accounts of the financial demands associated with a prospective marriage. These lists may include dowries, gifts, and other financial obligations that a groom or his family must meet. Traditionally, dowries were a way to secure the financial future of a bride and her family, but in contemporary settings, they can vary significantly based on cultural, regional, and individual factors.
Men requesting these lists from various women aims to assess which marriage would be the most economically feasible. This practice can stem from a combination of personal financial constraints, cultural expectations, and the desire to make informed decisions in an era where economic considerations are increasingly important.
In many cultures, marriage is not just a union of two individuals; it is a significant financial transaction involving families. While in some societies, love and companionship are the primary motivations for marriage, in others, financial considerations play a pivotal role. The practice of comparing marriage lists could be seen as a practical approach to ensuring financial stability, but it also risks reducing the complex institution of marriage to a mere transactional relationship.
The practice raises several ethical questions. First, is it fair to women to be evaluated based solely on financial demands? This approach can reinforce harmful stereotypes and perpetuate a culture where women’s worth is tied to monetary value. Additionally, it may lead to emotional detachment in relationships, prioritizing financial calculations over genuine compatibility and affection.
Moreover, this practice could create an environment of competition among women, fostering insecurities and undermining the foundational values of trust and love that are vital for a successful marriage.
On a practical level, the comparison of marriage costs can be influenced by economic realities. In times of financial uncertainty, individuals may feel compelled to prioritize financial security over emotional connection. This trend can also reflect broader societal changes, where economic factors increasingly dictate personal choices.
However, it’s essential to recognize that while financial considerations are valid, they should not overshadow the fundamental aspects of partnership—mutual respect, love, and shared goals.
While the practice of men requesting marriage lists from various women may appear to be a logical approach to navigating the complexities of modern relationships, it brings to light significant ethical, cultural, and emotional concerns. Marriage, at its core, is a partnership that thrives on connection and commitment, transcending financial considerations.
As society continues to evolve, it’s crucial to strike a balance between practical realities and the deeper values that define successful and fulfilling relationships. Ultimately, a marriage built on love and mutual respect will likely yield a more rewarding and lasting partnership than one anchored solely in economic calculations.
Some Nigerian police officers and operatives of the Nigeria Security and Civil Defence Corps (NSCDC) have been caught on camera engaging in a fight.
It was gathered that the incident occurred during the week at Elizabeth Estate, Abere in Osogbo, the capital of Osun State.
It was learnt that some policemen on Tuesday stormed the area to arrest a resident but were allegedly stopped by NSCDC operatives.
However, the officers returned on Thursday to attack the civil defence corps members.
In the video, the security operatives are seen exchanging blows and slapping each other.
“Some policemen on Tuesday wanted to arrest someone in the estate without a warrant of arrest but were stopped by the civil defence officers, so they (policemen) came back on Thursday, this time with more men to overpower the civil defence guys,” a resident who witnessed the fight said.
“They injured the guy being slapped by a policeman in mufti very well and later dragged him to police CID in Osogbo and sadly till now, their commandant (NSCDC) hasn’t done or said anything since.”
Calls put across to Yemisi Opalola, police spokesperson in Osun, were not answered.
Media
•FG differs as Clark, others allege lopsidedness, Tinubu seeks Senate confirmation
President Bola Tinubu’s cabinet reshuffle on Wednesday, which had Ogun State reportedly producing four ministers, the highest by a state in the cabinet, has sparked reactions across the country.
In a significant cabinet shakeup during the 19th Federal Executive Council meeting at the State House, Abuja, Tinubu approved the re-assignment of 10 ministers to new portfolios, discharged five others and nominated seven new ministerial appointees for onward transmission to the Senate for confirmation.
This came as the President renamed the Ministry of Nigeria Delta Development to the Ministry of Regional Development, scrapped the Ministry of Sports Development, and merged the Ministries of Tourism and Arts and Culture to become the Federal Ministry of Art, Culture, Tourism and the Creative Economy.
The seven new ministers, pending their confirmation by the Senate, are Dr Jumoke Oduwole (Ogun State) as Minister of Industry, Trade and Investment; Dr Nentawe Yilwatda (Plateau) as Minister of Humanitarian Affairs and Poverty Reduction; Muhammadu Dingyadi (Sokoto) as Minister of Labour & Employment; Bianca Odumegwu-Ojukwu (Imo) as Minister of State for Foreign Affairs; Idi Maiha (Kaduna) as Minister of Livestock Development; Yusuf Ata (Kano) as Minister of State, Housing and Urban Development and Dr Suwaiba Ahmad (Kano) as Minister of State for Education.
The incoming Dr Jumoke Oduwole joins Wale Edun (Minister of Finance), Dr Adekunle Salako, the new Minister of State for Health, who was previously Minister of State, Environment and Bosun Tijani (Minister of Communications and Digital Economy) as ministers of Ogun extraction.
Senate, SANs back FG
While the appointments of the four Ogun ministers raised eyebrows in some quarters, with some of the opinion that it fell short of the Federal Character criteria for appointments, Chairman, Senate Committee on Federal Character, Allwell Onyesoh (PDP, Rivers East), acknowledged that while the Federal Character was a constitutional matter, it wasn’t the sole criterion for selecting ministers and other high-level public office holders.
He said, “Yes, Federal Character is an important issue, and I am sure the President would not want to go against the Constitution. However, what the Constitution states is that one person per state, so, once that has been met, I am not sure there should be an issue.”
Senator Onyesoh added, “The Federal Character isn’t the only requirement; we need competent people. The Constitution also empowers the President to be proactive, which means he is allowed to bring efficient people on board to do their jobs.
“Why are people so critical of this administration? It wasn’t the same for the previous administration.”
The criticisms come as Ministers vehicles reduced President Tinubu on Thursday restricted Ministers, Ministers of State, and Heads of Agencies of the Federal Government to a maximum of three vehicles in their official convoys.
“No additional vehicles will be assigned to them for movement,” the President affirmed in a statement he signed Thursday titled, ‘President Tinubu issues new directives on reduction in cost of governance.’
Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, who released the statement, said “The cost-cutting measure was announced today (Thursday) in a statement signed by the President.”
In January 2024, Tinubu issued a directive which the Presidency said was to reduce government expenditure.
The directive included reducing his entourage on foreign trips from 50 to 20 officials.
For local trips, he reduced it to 25 officials.
Similarly, he reduced the Vice President’s entourage to five officials on foreign trips and 15 for local trips.
In the directive, Tinubu also ordered all ministers, ministers of state, and heads of agencies to have at most five security personnel attached to them.
“The security team will comprise four police officers and one Department of State Services officer.
“No additional security personnel will be assigned, he ordered,” the statement read.
President Tinubu also instructed the National Security Adviser to engage with the Military, Paramilitary and Security Agencies to determine a suitable reduction in their vehicle and security personnel deployment.
The Presidency said “All affected officials are expected to comply with these new measures immediately, underscoring the urgency and seriousness of these changes.”
A former President of the Nigerian Bar Association, Dr Olisa Agbakoba (SAN), also said there was no law that stopped the Nigerian President from appointing more than one minister from a state.
Agbakoba said it was the President’s prerogative to appoint any number of persons from a state to serve as ministers.
Agbakoba, who spoke to one of our correspondents via the telephone on Thursday, stated that the only restriction was that the ministers must be appointed across all 36 states.
“That’s the only restriction,” he said. So, one may say why four? But nothing stops the President from appointing even 10.
“There’s no law that says he can’t appoint more than one. The only thing the law says is that he must appoint one person from each state on the principle of Federal Character, so that every state feels included. The point is, are all the 36 states not represented in the cabinet? The minimum requirement is that there has to be one minister from all 36 states.”
Another Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, explained that the constitution stipulated that in appointing ministers, each state of the federation must have representatives.
He added that even though there was no requirement for equality in the number of ministers, the situation where one state had four ministers and another had only one was not good enough.
“I think that the situation whereby one state has four ministers, and another state has only one, does not augur well for inclusivity, for equity, and for justice. And in this particular instance, the government is saying that we should run an economy that is new and budget-friendly.
“So, to then bloat the ministers list by picking four people from a particular state is to give the impression that there are no people from other states,” he said.
“This current government should not replicate the errors of the past. I believe that if somebody is elected from a particular region, he should carry other regions along, so that we can reduce the agitation for separatism, agitation for autonomy and agitation for secession as being advocated by other sections of the country that are marginalised,” he said.
In his response Niyi Akintola (SAN), said the position of Section 14 was very clear as the general rule was to give each state one minister.
He said, “The President is bound to work very hard to ensure that each state gets one minister. And there is no state legally that doesn’t have one minister.
“The President has complied with the requirement of the law, the Constitution but, where you have discretion, you can use the discretion. Discretion is not mandatory but a duty is mandatory.
He further stated that the duty of the president was to ensure that no state should be without a minister.
“I am from Oyo state and we have only one minister and we are not complaining. Can you point out one state in Nigeria that doesn’t have a minister? One minister from Plateau State resigned and he was replaced with another one.
“I don’t know why people make noise where there are no issues, we should look at if he breached the Constitution, to me these are not issues,” he said.
Another senior Advocate of Nigeria, Wolemi Esan, said there was no restriction against a state having more than one minister.
Esan cited Section 147(1) of the 1999 Constitution (as amended) that states that the President must appoint at least one minister from each state, who must be an indigene of that state.
“The Constitution specifies a minimum number of ministers per state but does not set a maximum. “Therefore, strictly speaking, there is no restriction against a state having more than one minister. “However, section 14(3) of the Constitution emphasises that the composition of the Federal Government should reflect the Federal Character, ensuring that there shall be no predominance of persons from a few states in government,” he said.
However, Prof Mike Ozekhome (SAN) added that to appoint four ministers from Ogun, one of the smallest states in Nigeria, was against the provisions of the Constitution, particularly Section 141, Section 153 and Section 71 of the Third Schedule, Part One of the Constitution of the Federal Republic of Nigeria, 1999.
According to him, all these sections deal with the principles of Federal Character, and they emphasise that Nigeria shall be a state based on the principles of democracy and social justice.
“So, by appointing one minister to join the three old ones, making four from Ogun State, the President has breached Section 14(3) of the 1999 Constitution, because he has appointed four people from the same state, Ogun, and from the same ethnic group of Yoruba, which is against the Constitution.
“By the way, the question must be asked, whether, the team carrying the ministerial lists has actually done anything to change the status quo. I think not. What I’ve seen, what I saw, is against what Nigerians were expecting. We were expecting an earthquake of change in the cabinet, because many of the ministers have shown themselves to be indolent and to be non-performing.
“Now, what we saw, the only ministry I believe that the President did very well is the ministry of Niger Delta, because he tried to stop wastages by bringing the Niger Delta Development Commission, the Northeast Development Commission, the Southwest Development Commission, and the Southeast Development Commission.
“All of them brought under the Ministry of Regional Development. But I believe that the Niger Delta, Northeast Development, Southwest, they were drainpipes where money was being guzzled into.
“But by removing them and collapsing them under the Ministry of Regional Development, I believe that some money would be saved there. But I would think that it should have gone far.
“I also like what he did with the Ministry of Sports Development, by scrapping it and taking the function of it to the National Sports Commission,” he said.
He further stated that many of the present ministries were not functional.
“Why would you have a different ministry for agriculture than another one for water resources? Why not collapse some of these ministries and name it as Ministry of Agriculture, Water Resources and Rural Development? What is the difference between the Ministry of Environment and the Ministry of Blue Economy? Why don’t you collapse them? Blue Economy, where you are having fish, environment, where you also have fish and other things, why don’t you collapse them? Why would the President even introduce a new ministry of animal husbandry or cattle rearing? What is the meaning of that? Why don’t you just put that word quietly under the Ministry of Agriculture?
“So, I believe the President should go far, very far, in rejigging his cabinet, which for now is a drain pipe for the nation’s bigger resources.”
Niger Delta kicks
Tinubu’s new appointments were also met with scathing criticisms by a section of the polity with Second Republic Senator and leader of the Pan Niger Delta Forum, Chief Edwin Clark, accusing the President of behaving like his predecessor, Muhammadu Buhari, by making lopsided appointments.
The Ijaw leader on Wednesday called on Tinubu to rescind his decision in the scrapping of the Ministry of the Niger Delta Affairs in a swift response to the announcement.
On Thursday, the Ijaw leader, who spoke via telephone at the Special General Assembly of the Pan Niger Delta Forum in Port Harcourt with the theme, ‘Fostering Peace and Unity for Sustainable Development of the Niger Delta Region’, expressed sadness that despite public outcry about inequality and marginalisation in the country, Nigeria was still sharply divided along religious and ethnic lines.
He stated, “Nigeria is divided across the lines of ethnicity, along the lines of religion, hunger and everything that you can think of. Today Nigeria no longer has a middle class. The wealthy have carried away the wealth.
“They seize our oil wells. So we are nowhere. Can you imagine a man like me, two, three years ago, if I wanted anything from the oil companies, from the oil industry I have to travel to Daura (hometown of former President Mahammadu Buhari) to meet with Mr President who would then grant me?
“What type of country do we belong to, a country where we have no respect for one another? They think it is right. And this is still continuing.”
On the scrapping of the Ministry of Niger Delta, Clark added, “Today they declare us arrogant when we ask for our rights. Could you imagine that I was sleeping last night when I woke up to see that they had scrapped the Niger Delta Affairs Ministry?
“It didn’t come to me as a surprise because when they did it the first time they were hardly in office. Up till now they didn’t provide an investigation. They have provided nothing. So, scrapping it now means nothing to us.
“We (Niger Delta) must work together if we must survive in the country. Who owns this country more than yourselves, nobody. Every country has what God has given to that country to be a powerful country. We the people of the Niger Delta are Nigerians, we must fight for Nigeria.
“We should not allow anyone who cannot manage people’s diversity, who believe that once they are in power their people must take over, our people must be suppressed. Former President Muhammadu Buhari did it.
“He (Buhari) said the Fulanis are the only Nigerians. Every office was headed by a Fulani or Hausa. And today most of these things are being repeated by President Tinubu. In doing so he has followed the pattern of his predecessor in office. Where are we? We produce the oil, produce everything.”
Meanwhile, the Federal Government has said the Ministry of the Niger Delta Affairs was expanded and not scrapped as reported in some sections of the media.
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, stated this at the PANDEF event.
He said, “It is very important to use this opportunity to explain that I was at the Federal Executive Council (meeting) when that decision was taken on the issue of Niger Delta Ministry.
“The Ministry was not scrapped at all. It was rather expanded to coordinate all regional development agencies. Apart from the NDDC there is nothing stopping the South-South Region from getting the South-South Development Commission.
“And I think something like that has already gotten to an advanced stage. So the Ministry for Regional Development will co-ordinate not just the NDDC it will also co-ordinate if there is any South-South Development Commission, it will coordinate that. It will coordinate North-East, it will coordinate South-East, it will coordinate all regional development under the leadership of your own son.
“Your own son is still the leader. We must understand that point, I want to use this medium to explain to you that we have nothing to lose at all. We are in fact losing nothing. Rather we may gain more if we have the South-South Regional Development Commission.”
He added, “Let me also say this to you that the Niger Delta till tomorrow is considered the most strategic region in the country and the President acknowledges that. Some of the very steps that we are taking today will benefit people of the Niger Delta more than others.
“Sometimes when you are making very bold decisions people may feel anxious. But that is the price we need to pay to get to the Promised Land.
“You recall that as of today there is more money for states and local governments and not to the federal government. It is also important to state here that my leaders don’t hold the federal government accountable alone. The time has come for every tier of government to pay its own share of the development of the Niger Delta.
“Last month the three tiers of government shared about N1.3tn. Some of our states got N50bn, N60bn. It is time for PANDEF not to look at what it can get from the Federal Government alone. But see how we can challenge our local government now that there is local government autonomy.
“Local Governments are also getting N600m, N800m. Yes local governments and I say some of these things we complain about could very well be done by local governments but because everybody is looking at the Federal Government, we have given people their honeymoon for too long. Let that honeymoon end now.”
Speaking, Rivers State Governor, Siminalayi Fubara said the Niger Delta region had a burden in its hands to advocate for stronger institutions in the federation.
Fubara, who was represented by his Commissioner for Budget and Economic Planning, Prof. Peter Medee, said, “Instead of stronger individuals, we have produced stronger individuals from this region and from several regions yet the development of our region as well as to be able to plough back the benefit and the resources of our region to use it to produce and get the economy of our region to develop has suffered.
“So as you gather here today in the General Assembly to be able to articulate and plan. We will discuss further the need for unity, peace, and the development of our state. I call on all of you to use the unity in our diversity to our advantage.”
He added, “A lot of other regions are taking advantage of our disunity to divide us further. The time has come, especially now, when the governors of our respective states have taken it as a point of sincere commitment and dedication to unite the region. You, as leaders of the region, take advantage of the opportunity to discuss and come up with issues that will lead to our regional development.”
In his message, former Governor of Akwa Ibom State, Obong Victor Attah, expressed sadness over the scrapping of the Niger Delta Affairs Ministry.
“I felt a bit offended if I can use that word, that the Ministry of Niger Delta that we fought so hard to have established alongside the Niger Delta Development Commission should be abolished without any notice to any of us. And nobody knows what really that means for our development,” Attah said.
“We are now going to come under a commission for regional development. Quite some time ago, I remarked that maybe the name NDDC was wrong because Niger Delta is a defined geographic area.
“Nobody doubts the boundaries of the Niger Delta. But suddenly NDDC was scheduling for Imo, Abia or everybody that had oil. So, I asked, ‘Why don’t we go back to OMPADEC (Oil Mineral Producing Areas Development Commission)?’
“Bring just the oil-producing areas commission, rather than pretend that it is a commission for developing the Niger Delta. I think, as defined in the President’s address, as a treasure trove of this country, we should have a lot to say about what happens to the treasure of this country.”
[Punch]
Nollywood actress, Olajumoke Amoke Olatunde George, popularly known as Jumoke George, has cited sexual demands and skin tone as reasons for her 14-year absence from the film industry.
The movie star, in a recent interview with Oyinmomo TV, said that movie directors often complained about her dark skin tone, suggesting she bleached her skin.
Jumoke, who returned to the entertainment scene a few years after a prolonged hiatus, recalled an incident where a director told her she was being blacklisted for refusing to sleep with them.
She said: “My skin tone was not the only setback I encountered in this business. The other reason why I did not get any roles or see the back of a lens for 14 years is because I refused to sleep around. Regarding my skin tone, they complained that I was too dark, and I would tell them to adjust the lighting to make me look lighter.
“You cannot push me into something I do not want to do. I will glow with this skin till old age, and don’t forget, black does not crack. I started having issues getting roles when the executives wanted a relationship in exchange for them. The pressure was immense, coming from more than 20 to 30 people.
“Another issue was that if you dated one of them, broke up, and moved on to someone else, they would discuss you among themselves. I told myself that as long as God exists, I would not find myself in such a space. I avoided it to prevent becoming passed around among them.
“I did not get any acting roles for about three years, and I did not understand what was happening. One day, I was at Feminar Cafe at LTV 8, and I met one of our directors—I won’t mention his name. I asked him why he wasn’t calling me for roles anymore, and he asked me, ‘Jummy, do you still want to feature in movies?’
“He then told me that their group of directors had decided not to give me roles. I asked why, and he said it was because I refused to sleep with them. He even asked what benefit I gained from refusing their advances. I just started crying, and he walked out. When I got home, I prayed to God to take control.”
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Abia South Senator, Enyinnaya Abaribe, has accused President Bola Tinubu of showing the Southeast “renewed shege.”
Abaribe faulted the cabinet reshuffling, which saw the appointment of Bianca Ojukwu as the Minister of State for Foreign Affairs.
Tinubu had removed five ministers while appointing seven and reassigning 10 to new portfolios.
The president relieved Uju-Ken Ohanenye, the Minister of Women Affairs, from her duties.
Reacting, Abaribe said relieving a Southeast Minister and replacing with another “doesn’t feel like progress.”
Speaking with Arise TV, Abaribe said, “For my constituents, nothing has changed. They don’t refer to it as ‘Renewed Hope’ but rather as ‘Renewed Shege (Suffering).’
“The South East, in particular, is questioning the supposed changes. Removing one South East minister only to replace them doesn’t feel like progress.”
The lawmaker accused Tinubu of breaching the constitution, stressing that the reshuffled cabinet did not reflect Federal character.
Abaribe added: “The president has breached it for the last 18 months. We thought that with these changes, maybe there will be some adjustments that will also put some balm on what is going on in the minds of people from the South East.
“I want to tell everyone that the Igbos want fairness and equity, which are in the constitution. Treat us as you are treating everybody else.”
He further lamented that, despite the South East’s calls for equity and fairness, Tinubu’s actions continue to overlook the region.
The Nigeria Customs Service (NCS) has confiscated a total of 33,595 liters of petrol, stored in jerry cans and drums, intended for smuggling into the neighboring Republic of Cameroon.
The Adamawa/Taraba Area Command headquarters of the NCS made the disclosure in Yola on Thursday, saying the seizures were effected between August and September 2024.
Addressing newsmen at his office, the Adamawa/Taraba NCS Area Comptroller, Garba Bashir placed the monetary value of the seized petrol at over N71 million.
He gave breakdown of the seized commodity as 1,115 jerry cans of 25 litres each and 26 drums holding 220 litres each.
Bashir listed other confiscated items as three vehicles which were means of conveyance of the seized petrol, 200 50kg bags of foreign flour, 57 50kg bags of parboiled rice, and 10 bales of second hand clothes.
According to Bashir, the confiscated containers of petrol, which were impounded from various borderlines in Adamawa and Taraba states, would be auctioned to members of the general public.
An 18-year-old man, Kamisu Ibrahim has been arrested by the Jigawa State Police Command for defiling his 3-year-old niece in Malam Madori Local Government Area of the state.
The spokesperson of the command, DSP Lawan Shiisu Adam, disclosed this in a statement on Thursday, October 24, 2024.
“On 15/10/2024 at about 1015hrs, one Suleiman Bashari 'm' age 30yrs of Garin Malam Sanda village M/Madori LGA, reported at M/Madori Division that, on 14/10/2024 at about 2010hrs, one Kamisu Ibrahim 'm' age 18yrs of same address, had carnal knowledge of his niece one Husna Isyaku ' f' age 3yrs of the same address,” the statement read.
"On receipt of the report, detectives attached to M/Madori Division swiftly swung into action and the victim was taken to S3xual and Assault Referrals Center Dutse for medical examination.
"Suspect was also arrested. On interrogation, the suspect confessed to the commission of the offence.”
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has confirmed that the federal government would impose 15 percent Value Added Tax (VAT) on luxury goods, adding that total subsidy removal became effective last month.
Fielding investors’ questions at a meeting on the sidelines of the on-going IMF/World bank Annual Meetings in Washington DC, he said that a bill before the National Assembly would bring about a situation where rich Nigerians would pay VAT rate that would increase over time to 15 percent.
He clarified, however, that the poor and vulnerable will pay less or zero VAT on essential goods.
According to him, the list of such essential goods that would attract zero VAT would be made available to the public in due course.
His words: “In terms of VAT, the commitment of President Bola Tinubu is that while implementing difficult and wide-ranging but necessary reforms, the poorest and most vulnerable will be protected.
“And in the case of VAT, it is a very efficient tax for reasons well-known but it is also a tax that is targeted. So the bills going through the National Assembly in terms of VAT will raise VAT for the wealthy on luxury goods while at the same time seeking to exempt or seek a zero rate for the essentials and for what the poor and the average persons will purchase.
“Those bills will single items for zero rate of VAT while hitting luxuries with a higher rate of VAT.”
Edun was optimistic that the oil sector was set to increase the accretion of foreign exchange (FX) into the market, as according to him, oil production was being ramped up with better security in the oil-producing areas and new investments, especially those announced by Total and ExxonMobil.
He also said that total removal of fuel subsidy became effective in September 2024.
“Savings from fuel subsidy savings would become more impactful on the economy going forward, the complete fuel subsidy became effective only last month,” he stated.