Morgan Stanley, a global leader in investment banking has revealed that President Bola Tinubu’s policies that put an end to fuel subsidies and the unification of the naira’s exchange rate, could fuel economic growth for Nigeria.

This declaration is contained in a recently published article titled, “Investment Outlook: Nigeria’s New Dawn” on the website of the American multinational investment banking firm.

According to the report by Morgan Stanley, the interventionist policies of former president Muhammadu Buhari -namely, multiple foreign exchange rates and fuel subsidies- led to economic bottlenecks and hindered the private sector’s ability to grow.

The report further explained that during the last eight years of the past administration, Nigeria, which was one of the fastest-growing economies in the world from 2001 to 2014, grew only 1.4% on average despite a 2.8% growth in the working-age population.

Opportunities for investors that could spark Nigeria’s economic growth

The report by Morgan Stanley further reiterated that the removal of fuel subsidies, which cost the country a whopping $10 billion in 2022 and benefited only 3% of the poorest 40% of Nigerians, could revive Nigeria’s growth in the next two to three years.

Also, the unification of Nigeria’s exchange rate by President Tinubu’s administration would reverse the 60% decline in foreign direct investment witnessed under Buhari.

According to Morgan Stanley, President Tinubu’s intention to grow the economy primarily through private investment could lead to a strong rise in incomes, which, combined with a young and fast-growing population, could usher in a new consumer class and several investment opportunities.

The report noted that the mobile banking and consumer segments are two sectors that present unique opportunities for investors seeking to invest in Nigeria.

Nigeria’s low mobile data penetration and usage levels, which is one-tenth of South Africa’s internet usage when compared, presents opportunities for providers of telecommunications-led mobile-money services, which are still in the near stages of growth.

  • “Although more than 85% of the adult population has a mobile phone, around 55% have no bank account, and only 10% have a mobile money account.
  • “Should mobile money penetration levels in Nigeria climb to the 75% to 95% levels seen in Senegal, Ghana, and Kenya, it would drastically increase financial inclusion and present an attractive investment opportunity, particularly in telecom operators,” the report read in part.

Furthermore, Morgan Stanley suggested that investable opportunities in several consumer segments in Nigeria are likely to arise as well.

The report asserts that should the economic policies of the current administration result in households having ample income to cover essential needs, Nigerians would be able to gradually afford more discretionary purchases.

If the policies of President Tinubu work as intended, such a dynamic in Nigeria could help the consumer goods market grow 150% from an estimated $240 billion in 2023 to about $603 billion in 2030.

This could present investment opportunities in several sectors, including packaged food and beverages, household and personal care products, education, healthcare, and even durable goods like appliances and transportation.

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Morgan Stanley also notes that the export of services offers Nigeria untapped opportunities. According to the report, the 125 million Nigerians who speak English underpin successful service-export industries.

The report further reveals that the music and film industries offer another potential avenue for service exports.

  • “Nigeria is home to two of the most well-known “Afrobeats” artists, in a music genre that has amassed more than 16 billion plays on popular streaming platforms.
  • Meanwhile, the Nigerian film industry, affectionately known as “Nollywood,” produces around 2,500 films per year and is attracting investments from major global media companies.
  • By 2030, Africa’s film and music industries—which are dominated by Nigerian productions—could be worth 20 billion dollars and create 20 million jobs,” the report stated.

Morgan Stanley noted that once the current administration had succeeded in reversing the harmful policies and economic malaise of the past administration, Nigeria could witness a sharp upturn in economic growth in the next two to three years.

[Nairametrics]

Governor Yahaya Bello of Kogi State says the election has gone beyond ethnic sentiment in the state, saying the All Progressives Congress won the November 11, 2023 governorship poll because it presented a popular candidate and not based on tribe or ethnicity.

He spoke at an APC stakeholders meeting at the Glasshouse of the Government House, Lokoja on Saturday.

 

Bello said: “Kogi must develop as one united state.

 

“Under no illusion must any tribe think it could vote for itself and become governor without the support of other tribes.

 
 

“The November 11 governorship election has shown that unity is the watchword.

 

“In 2019, I won without ethnic agenda. 

 

“I cautioned against tribal sentiments and asked that we desist from it before the election. 

“I was optimistic that the APC would win the November 11 governorship election. 

“I wanted it to be a sweet victory, the reason I cautioned against sentiments.”

Bello lauded President Bola Tinubu for his support toward the victory of the APC in the November 11 off-cycle election.

He added: “This is because our party, the APC, and its candidate, Alhaji Usman Ododo, won the election clean and clear.

“It was pertinent to review and evaluate the election, which APC won overwhelmingly, for people to learn from the mistakes and avoid the pitfalls of the past in future exercise.

“The journey was full of ups and downs in the last seven years. 

“But we thank God for the resounding victory.

“With all the obstacles before, during and after the election, the APC came out stronger.

“The time for everybody to carry his cross has come. 

“Everybody will bear his father’s name because there is still a future.”

Bello said that transparency would remain his watchword as he tries to ensure that the people enjoyed the democracy dividends.

The governor expressed regret that people allowed emotions, personal and parochial interests to cloud their sense of reasoning during the election.

He said that the good governance by his administration in the areas of road construction, health care and infrastructure development were enough for the APC to win overwhelmingly.

Bello described the Igala nation as good people, who were not tribalistic or racist but that unfortunately the majority were misled by poor representation.

To the people of Kogi West Senatorial District, he assured that payback time would soon come and called on leaders to educate their people to be selfless.

Bello thanked God for giving him the opportunity to serve the people, adding that he was well equipped to continue to serve the state better.

In his remarks, the state Deputy Governor, Chief Edward Onoja, congratulated the APC family and the governor-elect for the victory in the November 11 election.

He said that the victory wouldn’t have been achieved without the support and hard work of Bello.

“Those who could not work for victory should break away from sentiments and work for a united Kogi in the future,” Onoja said.

Senator Sunday Karimi (APC-Kogi) lauded the people for the victory.

Karimi, the representative of Kogi West Senatorial District, commended the people of his zone for standing by the APC in spite of having other candidates in the race.

In his remark, the state Chairman of the APC, Alhaji Abdullahi Bello, appreciated the party faithful for fighting very hard for victory.

The Chairman assured members that the party would do a review of the whole process to determine those who betrayed the APC.

[EagleOnline]

The Economic and Financial Crimes Commission, has released a statement saying it will charge to court the Nigerian Air Force (NAF) personnel who were released on bail conditions on Friday by the Kaduna Zonal Command of the Commission.

Recall THE WHISTLER reported on Friday that EFCC said it had a “face off” with the Nigerian Air Force during the week after operatives of the Kaduna Zonal Command went on sting operations and arrested some suspected internet fraudsters at a residential Inn and Disney Chicken Eatery, Barnawa on 13th November, 2023.

The Commission said the arrest followed credible intelligence about the alleged activities of suspected internet fraudsters whose names were given as: Favour Itung, Rachael Ande, Zuleiman Haruna, Abubakar Ismaila and Solomon Olobatoke.

EFCC said all the suspects were arrested without any incident. However, it noted that “after the sting operation, six military personnel who witnessed the operation at Disney Chicken Eatery, stormed the Kaduna Command and attempted to forcibly release the arrested fraud suspects.

“They were subdued and detained over the security breach. The intruders are four Air Force personnel : Lawal Abdullahi, Chukwuma Chidi Christian, Alfa Suleiman and Emmanuel Ekwozor and two students of Nigerian Air Force Institute of Technology, AFIT: Chidera Anuba and Joseph Tokula,” EFCC explained.

However, in the press statement released on Saturday by the Head, Media and Publicity Unit of the EFCC, Dele Oyewale, the commission said: “The Nigerian Air Force, NAF, personnel released on administrative bail by the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Friday, November 17th, 2022 will be charged to court at the conclusion of the ongoing investigation.

“The officers were released to their Service in strict adherence to the bail procedures of the Commission.

“The Commission reiterates the fact that no one is above the law and the due process will be followed in bringing the case to a conclusion.”

— As Vice President Bags Honourary Doctorate Degree

Vice President Kashim Shettima has challenged graduates of the University of Maiduguri (UNIMAID) to embrace entrepreneurship and self-employment instead of waiting for government jobs.

 

Shettima gave the charge on Saturday at the 24th combined convocation ceremony of UNIMAID where he was also conferred with an honorary doctorate degree.

The VP said the era where graduates rely solely on the government for employment was over, adding that they must use their education and entrepreneurial skills to make a positive impact on society.

“Every success in life brings with it challenges. You are graduating today, our nation is faced with myriads of problems. I believe the university has adequately prepared you to contribute to proffering solutions to these problems.

“The era when graduates look up to the government for answers to all problems is fast fading. I encourage you to specifically utilise your entrepreneurial training in the university to decide your employability status. Start an enterprise, no matter how small your capital or idea is,” Shettima was quoted by his media aide, Stanley Nkwocha, as advising the graduating students.

Speaking on his conferment with a honourary doctorate, the VP acknowledged the impact of his educational journey at UNIMAID, describing the institution as instrumental in shaping his formative years as a student.

Vice President Kashim Shettima bags honourary doctorate degree from UNIMAID
 

Shettima expressed gratitude to his lecturers and mentors for imparting knowledge and values that prepared him for leadership and service.

“This homecoming is to express my gratitude for the lessons learned in the halls, the premises, and in the service of this esteemed institution.

“The choices I’ve made since being certified by this institution to pursue my dream have taken me to heights I could have only imagined. In each room and at every event, I find a reason to utter a prayer for the training acquired here. I am a child of a collection of patient teachers and mentors, so I’m acutely aware that this honour is not mine alone to claim,” he added.

He continued: “To you, I will always be a student, and with all the privilege to remind me of my ambassadorial duty to the University of Maiduguri. This is why I am excited that I am not here today for defying a code of conduct, for that would have meant that I failed as a flag-bearer of my alma mater.

“Distinguished ladies and gentlemen, receiving an honorary doctorate from the institution that has been instrumental in shaping one’s formative years can only signify that one has followed the path of an indescribable principle. However, this honour is neither for me nor for you alone; it is a grand testament to the equalizing power of the education fostered here. This gathering symbolizes our collective aspirations as an institution.

“Here, on the fine sands and under the lush trees of Unimaid, I was taught that education is the brick with which a purposeful life is built. However, the education in question isn’t what you cram to pass your examinations; it’s what you do with what you have learned. I am where I am today because I learned here that intellectual curiosity is the preservative of every enduring civilization,” Sen. Shettima

In his remarks, the Borno State Governor, Babagana Zulum, commended UNIMAID for equipping the students to contribute to national development while assuring the university’s management of the state government’s continued support.

The convocation ceremony was attended by dignitaries including state governors, federal lawmakers, and the Shehu of Borno.

Comrade Joe Ajaero, a former Labour reporter who has risen to lead the Labour movement in Nigeria as the President of the Nigeria Labour Congress (NLC), was recently battered in his line of duty by hoodlums while in police custody. Imo State Police Command spokesman, Okoye Henry, had claimed that Ajaero was not arrested during the November 1, 2023 protest in Owerri over unpaid workers’ salaries. Henry said Ajaero was in “protective custody”. The sort of “protection” he received shocked well-meaning Nigerians. In this interview, Ajaero addresses issues that have featured between Labour and government since President Bola Tinubu was sworn-in on May 29, 2023 till date.

 

Why did you go to Owerri where you had this rough experience?

 I went to Owerri in furtherance of my trade union activities. That’s how I move, from state to state. That’s how every trade union moves to where there are challenges. I am not the first President of the NLC, and I will not be the last. Where there are problems, either at the industrial council level or the state council level…we have 36 state councils and Abuja. Where the problem seems bigger than them, the national body wades in. We were in Kaduna on an issue like this. We were in Imo during the time of Governor Rochas Okorocha. A similar situation arose in the case of Governor Nyesom Wike in Rivers. I went to Imo because workers in the state were declared “ghost workers”.

The first set of victims told us that Governor Uzodimma said the wage bill of the state was N1.2 billion and that he was only prepared to pay N700 million. Between that time and now, it has been back and forth. But the thing assumed a dangerous dimension when the governor claimed that he had paid everybody. Had he paid something and promised to the rest when the economy improves, there would have been a way out.

The second reason we went there was the issue of violence. During Rochas’ time, he appointed someone as Chairman of the NLC, someone who was not within the hierarchy of the union. He moved into that place, took it over for over nine months. The legitimate Chairman left the state and we didn’t have Chairman. When we wanted to elect officers in Imo State this year, Uzodimma’s Commissioner for Information, Declan Emelumba, called me. They said they did not want ‘candidate A’. I said “OK, let me give you free advice. If you want candidate B, support him. If you like, give him money. NLC as a body cannot disqualify any candidate if he has met the criteria for election”.

On the day of election, thugs and the police led by a DPO came to disrupt the election. When the election became inconclusive, we appointed a caretaker committee in Imo, Abia and Osun where similar situation obtained. Some people who called themselves Elders in Imo asked us to give them two weeks; that they will talk to the governor and make peace. Even in industrial relations, we can have informal conciliators. It is allowed all over the world. Till today, those Elders have not gotten back to us. During May Day this year, Governor Uzodimma brought some people as “Labour leaders”. He sent letters to leaders of town unions and market unions so they will stand as workers unions at the Heroes Square. Our members and genuine workers went to do their own at our secretariat. The law enforcement agencies and thugs went there and beat our people, and some of them were hospitalized. They vandalized and destroyed everything. The governor of Ogun State called me on Whatsapp and said “speak to your brother”. I said “who is my brother?” Uzodimma asked, “Why are you fighting me? I said “I am not fighting you. I have not met you in my entire life. Pay workers”. We started negotiations. As we were negotiating, Uzodimma said he would like to see every paragraph. And I said “give him”. He was cancelling them. When he was done, I said “is that what you want?” We agreed to sign. Still he did not honour what he signed. People were calling me every day. People were dying. A husband and wife died because both of them were categorized as “ghost workers”. He later claimed that he did not implement the agreement because he had been very busy. It was the DSS that told us that Governor Uzodimma said he was not owing anybody. I said no, that even the headmistress in the primary school I attended had not been paid. Early this year, this lady had been invited for promotion interview which means she is in the system, contrary to the claim that she is a ghost worker. She is retiring this month, and she has not been paid for over three years. If she retires she will equally become a ghost pensioner. So when we arrived for the mass action, we talked to the workers. There were thousands of them. I told them to come back the following day for us to march together and submit a protest letter. The following day when these workers were trooping out they were being beaten up. Around nine a.m., I decided to go and talk to the press. I got there with about 20 security personnel.

The governor also sent security men and his people and they all descended there. They withdrew my security personnel and ordered my arrest. The Police Area Commander arrested me and handed me over to thugs who then had a field day. They blindfolded me and were beating me throughout. They said I should say my last prayer and tell them why I was challenging Hope Uzodimma; that they were taking me to Njaba River. Later they took me to the office of the Commissioner of Police where the blindfold was removed.

They had also arrested and handcuffed two TVC cameramen. They ordered me into another bus. The bus took me to Tiger Base, which is reputed as a very dangerous area. Later they took me back to the office of the CP. The CP apologized and pretended to be harassing the officers who were manhandling me. I was taken to the police clinic where I established contact with my people, and I was taken to the Federal Medical Centre. All the security agencies were acting out a script.

Who do you think gave the order for you to be beaten? Some have insinuated that it could have been an order from “above”, meaning Aso Villa over residual political grievances?

 Even if it was an order from Abuja, it was Uzodimma who carried it out. Mr President couldn’t do this. The day we had a rally in Abuja, he sent for us. I was still wearing the clothes I wore to the rally when we went to see him. We articulated all the issues that led to the protest. The other time we gave notice for action, he came with a nationwide broadcast and offered N25, 000, and we said no. He conceded to N35, 000, conceded to not just making it for six months, conceded to not giving it only to the least paid worker. You can see that the President is open for negotiations. He did not say go and beat them up. Up till yesterday that Uzodimma was declared or appointed by INEC for a second term, he has been giving reasons why Joe Ajaero must be killed. Even after the apology that is on the internet, he keeps talking about why Joe Ajaero should not come to Imo State. 

What has been your experience with the Bola Tinubu government since he assumed power? Would you say he is Labour-friendly?

I have earlier hinted you that President Bola Tinubu is a leader who believes in dialogue and negotiations, and he is capable of give-and-take. But the Bola Tinubu government is another story. There is a lot of confusion in the administration on who handles Labour matters. Over the years, right from the regime of Obasanjo, Labour affairs rested on the shoulders of the Secretary to the Government of the Federation and the Labour Minister. When Yar’ Adua came, it was Babagana Kingibe, the SGF. When Jonathan was President, it was Anyim Pius Anyim. And during Buhari’s presidency, it was Boss Mustapha. I don’t know the system of engagement that the Tinubu government is evolving. The Minister of Labour in the Tinubu government is not there. Apart from an introductory meeting in his office, he does not call the shots. The Chief of Staff to the President, Femi Gbajabiamila, calls the shots. Meetings take place in his office. He is a personal staff of Bola Ahmed Tinubu. He was not among the people the National Assembly cleared. Therefore, whatever he signs off on is strictly for his principal, not for the Federal Government of Nigeria. The second worrying signal is the use of courts. It is only in this administration that any time we serve notice of strike or protest, a competent court gives warning for us not to proceed. An Appeal Court ruling has affirmed that protests are allowed all over the world. The duty of the police is to protect protesters. Court gives order to precede negotiations, so that the negotiators will be under duress. These two or three areas are worrying signals. And they have destroyed the courts. The Minister of Labour, Simon Lalong, is a lawyer. He should know that the right to strike is an inalienable one. The Nigerian government must learn to allow the sanctity of agreements to prevail. These are some of the challenges we are having in our democratic dispensation. 

There have been a number of exchanges between Labour and government is the past six months. Most of the time, Labour threatens to go on strike. Many Nigerians are saying that Labour is a sellout, and Labour should no longer be taken seriously to stand for the common man. What is your response to that?

 The credibility of Labour under my watch can’t be questioned. This notion is coming from misinformation from within this government. Government and their handlers are touting the misinformation that Labour has been compromised, that Labour has been given money, to discredit some of us, which they have failed to succeed in doing. I was Secretary and Chairman of Labour in Vanguard before I pulled out and joined the mainstream Labour and, because of my interest, not because that is where the money is. It is unfortunate that 99.9% of Nigerians have not received Labour and industrial education. If my members say they want N5, 000, and we meet government, ask for it, negotiate for it and government is not ready to give it to us, we will declare a strike. And the whole country is hearing about it. If a day to the strike, government invites us to a meeting, we will attend that meeting. If the government gives us that N5, 000, there will be no strike. If we attend that meeting, and government says it cannot afford that N5, 000 and it brings out the data, we will consider that, because ability to pay is at the centre of negotiations. If the government earns N10 million and the wage bill is N12 million, the demand for N5, 000 cannot work. We may sign agreement and collect N3, 000 subject to upward review when the economy gets better. You will hear that Labour has signed agreement. These are the issues that people out there need to understand. But now they carry our burden on their heads, that Labour has been compromised. This is the way it is done in industrial relations. The essence of bargaining is to reach agreement that is implementable. 

A radio analyst said Labour should have occupied the National Assembly over the N200 million cars for members of the National Assembly…

 For some time now, Nigerians have abdicated their responsibilities. Labour does not have more than ten million Nigerians who are our members. Other Nigerians are shouting Labour. But they have not given us the constitutional responsibility to be the policemen of this country. When I was a student, I was a students’ union leader. That time, in 1988, Labour was dissolved. It was students – National Association of Nigerian Students (NANS) – that made sure that the country was shut down. Babangida came out to say that this was a civilian coup. There was general hardship in the country. He created DFRRI, MAMSER, People’s Bank, Road Safety, and so on, in order to create one million jobs. Nigerians came out to say enough is enough. It wasn’t Labour. In 1993 when the June 12 election was annulled, Babangida and Abacha dissolved Labour. It was the civil society groups, such as the Civil Liberties Organisation (CLO), Campaign for Democracy (CD) and independent Labour groups like NUPENG and PENGASSAN that came out. I say this because an action that all Nigerians should come out to challenge, they say Labour. During the EndSARS protests, it wasn’t Labour. The youth of this country said “enough is enough”. There may be some Labour people there. There may be students there. There may be everybody there. Everybody saw how effective the EndSARS protest was. The Buhari government was forced to make lot of concessions. People are saying, “Labour, go and seize the National Assembly”. Is it only Labour money that they are using to buy those cars? When Labour occupied the National Assembly, most Nigerians behaved as if it did not concern them. The Nigerian people elected those people to represent them. Our own members elected us to represent them. Did Labour ask you to elect those people? And all the political parties, none of their members will say “no, I am APC, PDP, I will not collect this money”. All hands must be on deck to face the challenges that confront the nation, and not to leave them to Labour alone when we already have our hands full. 

 How far is Labour preparing to go for the big battle ahead, the battle over the new national minimum wage? How much are you going to ask as the new NMW? I ask this against the background of the profligate tendencies of the Tinubu regime amidst scarce resources.

 There was a time we said we were going to ask for $200. Then it was translated to about N200, 000. It depends on the indices which will unfold at the time we negotiate. It will be wrong for somebody to announce a figure now. Unless the issues of inflation rate, value of the Naira, cost energy, food inflation are dealt with, whatever they give as the NMW will be practically worthless within a short time. If we were paid N30, 000 and our currency was at par with the dollar or even N5 to the dollar, we are blest. The cost of living index is central. How can I buy a bag of rice for N50, 000 and collect a salary of N30,000? How can I buy bread at N1, 000 when I earn N30,000? That means me and my family will only eat bread throughout the month, no pure water, transport, rent, school fees, medicare and other necessities. If we refine crude oil here in Nigeria, the pressure on the Naira will reduce, and it is bound to positively affect the cost of energy. These are the things government must pursue. Right now, we are selling crude oil high and buying its finished product higher because we import. Government used to pay for the difference, but now it has been passed over to the people. When that time comes, all these factors will be at play to determine what we will do.

 

 There was this question we put to President Tinubu. We asked him why he is running a bloated government. He said he was creating jobs!Who said that?

 President Tinubu. He said all the people being appointed, that is a form of job creation. My colleague in the TUC now reminded him that those appointees will have their own aides, and the President said yes, it is job creation. That was how he responded to us.

Did he say it as a joke?

 That was his response to us. He said nothing else on a serious note.

 The affiliation of Labour to the Labour Party seems to be a tool of political blackmail, especially in the hands of the Federal Government and ruling APC, who now say you are playing partisan politics. Do you think it was a mistake for the NLC to associate itself with a political party, or have a partisan agenda?

One, it is what Labour parties all over the world do. Two, if Labour does not play politics, who will play politics? Labour is politics, politics is Labour. 419 people, scammers are now governors who refuse to pay workers their legitimate wages. Politics should be left for armed robbers?

A former IGP went to the Senate and was shocked at the number of fraudsters he prosecuted sitting in the hallowed chambers as senators. Soldiers are politicians. Two retired generals have been Presidents of this country. Are they more qualified than Labour? Bring all those people who are criticizing Labour’s role in politics and let us compare their consciousness and my consciousness and see if they can talk when we are talking. Labour’s involvement in politics started as far back as 1917 or 1918. Wallace Johnson, a journalist from Sierra Leone, was the first to set up a Labour Party in Nigeria. He lived in Lagos. In the 1930s and 1940s it took an alliance between the Michael Imoudu-led Labour, the Zikist Movement and Aminu Kano’s party, after the 1945 Nigerian Railway workers’ strike, to fight for Nigeria’s independence with great consciousness. In 1954, the same Imoudu and others set up Labour Party which existed till the intervention of the military in 1966. In 1987, Comrade Paschal Bafyau set up Labour Party that came fourth during Babangida’s political experiment.

That Labour Party merged with the SDP which won the 1993 presidential election. Frank Kokori was the National Publicity Secretary of the SDP. Paschal Bafyau was to be the vice presidential candidate of the SDP. When Chief Abiola was in detention, it took Paschal Bafyau to go to court to secure Abiola’s bail, but his supporters prevailed on him not to come out because the bail was conditional. In 2003, Adams Oshiomhole, as NLC President, set up the current Labour Party, LP. An alliance between Oshiomhole’s Labour Party and Tinubu’s Action Congress made Oshiomhole the Governor of Edo State. The same Oshiomhole later became the APC National Chairman. Each time Labour is taking a stand for the salvation of this country, you see a lot of blackmail trailing it. My colleague, Comrade Nasir Irish, is the Governor of Kebbi State; we were both Deputy Presidents. He is in the APC. Another person who was the state Chairman of the NLC is now the Deputy Governor of Niger State. Nobody says every Labour person must be in Labour Party. I have attended two political rallies. One for Oshiomhole during his inauguration as the Governor of Edo State, and the second was for the Governor of Kebbi State. Many people told me they were expecting me to be at the inauguration of Dr Alex Otii as the Labour Party Governor of Abia State. We formed Labour Party so as to provide easy tickets for struggling Nigerians who wanted to contest elections. A political party sold its presidential nomination form for N100 million! When we analysed the situation, we said we needed a political party where the son of nobody can achieve any height in Nigeria. We have achieved that. As we talk today, two Okada riders are members of the National Assembly on Labour Party tickets. A messenger, a clerk can come and we will give him form. We have no apologies for that. The Governor of Imo State, was he a messenger anywhere? Was he a clerk anywhere? If you bring a clerk here, he will know there is admin department, there is finance department, he must come to work at a particular time in the morning, and if he comes late, he knows what is waiting for him. If a person like that becomes a public officer, he will know the sacredness of certain things, like ensuring that those who work get their wages. Let me make it clear. The NLC cannot be part of any political party except the Labour Party. 

However, our members are free to join any party of their choice. Indeed, majority of our members are affiliated with other parties. Peter Obi who is always being mentioned became the presidential candidate of the Labour Party before I emerged as NLC President. We will not be deterred in our effort to help make the Labour Party the party that will meet the aspirations of all Nigerians. There is fear about anything Labour. That was why when we registered a political party we called it the Party for Social Democracy (PSD). It was during our national conference that we changed the name to Labour Party. For political jobbers to be attacking us because of our legitimate affiliations, it is uncalled for.

 

 

The Economic and Financial Crimes Commission (EFCC) has offered some insight into the fracas that transpired between its security operatives and Nigerian Air Force (NAF) personnel at its Kaduna State Zonal Command on Friday.

Hours after the clash, the commission, in a statement by its Head, Media and Publicity, Dele Oyewale, said some “unruly NAF Officers” stormed the Kaduna command “in a commando- style”, to forcefully release their detained colleagues.

“Operatives of the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 13, 2023 arrested five suspects at a residential Inn and Disney Chicken Eatery, Barnawa, Kaduna following credible intelligence about their alleged internet-related fraud activities,” the statement said.

“However, after the sting operation, six military personnel who witnessed the operation at Disney Chicken Eatery, stormed the Kaduna Command and attempted to forcibly release the arrested fraud suspects. They were subdued and detained over the security breach.”


See the full statement below:

Facts of the Face-off Between EFCC and NAF Officers in Kaduna

Operatives of the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, November 13, 2023 arrested five suspects at a residential Inn and Disney Chicken Eatery, Barnawa, Kaduna following credible intelligence about their alleged internet- related fraud activities.

The suspected fraudsters: Favour Itung, Rachael Ande, Zuleiman Haruna, Abubakar Ismaila and Solomon Olobatoke, were arrested without incident.

However, after the sting operation, six military personnel who witnessed the operation at Disney Chicken Eatery, stormed the Kaduna Command and attempted to forcibly release the arrested fraud suspects. They were subdued and detained over the security breach.

The intruders are four Air Force personnel : Lawal Abdullahi, Chukwuma Chidi Christian, Alfa Suleiman and Emmanuel Ekwozor, and two students of Nigerian Air Force Institute of Technology, AFIT: Chidera Anuba and Joseph Tokula.

While in detention, there were inter- agency communication and discussions by the leadership of the EFCC and the Nigerian Air Force, NAF to resolve the issues.

Unfortunately, dialogue on the release of the combative Air Force personnel broke down on Friday, November 17, 2023 when some unruly NAF Officers stormed the Kaduna Command in a commando- style, to forcefully release their detained colleagues.

The EFCC exercised restraint in the face of the provocation and flagrant abuse of power. The Commission continued to engage with the leadership of the Nigeria Air Force and released the officers to the NAF Provost after they had been duly profiled.

The EFCC wishes to assure the public that it will continue to carry out its statutory mandate of tackling all cases of economic and financial crimes, without let or hindrance.

Dele Oyewale
Head, Media & Publicity
November 17, 2023

Media

Scotland will not face the firepower of Erling Haaland in Sunday’s Euro 2024 qualifier after the Manchester City striker was ruled out with a foot injury.

Haaland was hurt in Norway’s 2-0 win over the Faroe Islands on Thursday.

The match at Hampden is a dead rubber with Scotland already assured of their place in Germany next year, while Norway face an anxious wait to see if they will drop into the playoffs via their Nations League ranking.

Haaland said he is focused on being back fit as soon as possible with City facing Liverpool in a top-of-the-table Premier League clash on Saturday.

“Unfortunately, I am missing tomorrow’s game against Scotland. Wishing the boys all the best. Now treatment and trying to get back asap,” Haaland, who has 17 goals in 18 games for City this season, posted on social media.

The Norwegian Football Federation said the injury is “not serious” but that the game in Glasgow comes too early for the 23-year-old.

Scotland boss Steve Clarke said he had mixed feelings about not coming up against one of the world’s most feared strikers.

The outcome of the game will help determine whether Scotland are second or third seeds for the Euro 2024 draw on December 2.

But Clarke said it was a shame for the Hampden crowd to miss out on seeing Haaland live.

“For the crowd, it would have been great to see a player of Haaland’s standard,” he said.

“If it was a game that really meant something I’d probably be sitting here saying, ‘yeah, delighted he’s not playing’. But for the game tomorrow, it would be better I think if he played.”

Jannik Sinner reached the final of the ATP Finals on Saturday, beating Daniil Medvedev 6-3, 6-7 (4/7), 6-1 in front of passionate home support in Turin.

World number four Sinner is the first Italian to make the final of the season-ending tournament. He will face either Novak Djokovic or Carlos Alcaraz on Sunday.

The 22-year-old now the chance to win the biggest title of his career at the end of his best season, in which he has won four tour-level titles.

Two of those wins, in Vienna and Beijing were earned by beating Medvedev in the final. The Russian is ranked third in the world.

“It’s very difficult to play against him, but I found a way to win. I’m really happy with my performance, let’s see how things go tomorrow,” said Sinner.

“It’s an incredible feeling… It’s a privilege to play under this kind of pressure… The crowd has given me so much energy and for me it’s a pleasure to play in front of home fans.”

Sinner took early control in game four of the first set when he broke Medvedev’s serve and then fought back from 0-30 down in the next game to take a 4-1 lead.

Huge applause rang around the arena when Sinner served out the set, but Medvedev did not immediately wilt in front of the vociferous support for the home favourite.

The pair went at it toe-to-toe in the second set, holding their respective serves and slugging it out in long baseline rallies.

Medvedev eventually struck back in the tie-break, his powerful service game too much for Sinner who started to show signs of being ground down, even if it was the Russian who called for treatment straight after drawing level.

But an inexplicably bad second game in the third set from Medvedev, ending with a double fault, handed a break of serve to Sinner.

Medvedev became increasingly irritated with his own errors and the partisan crowd, following up one lost point by gesturing towards a spectator after smashing his racket into the floor.

The game was up for Medvedev once he was broken again in game six.

Sinner needed nearly the best part of 10 minutes and three break points to get the double break and close in on victory, which he sealed with a perfect service game to love.

Saturday’s other semi-final promises to be a blockbuster clash as Djokovic continues his bid for a record-breaking seventh finals title.

The world number one has a burgeoning rivalry with Alcaraz. as the Spaniard is already a two-time Grand Slam champion at the age of 20 and beat the Serbian in an epic five-set Wimbledon final.

Title holders Kano Pillars earned their first win of the second phase of the Ardova Handball Premier League 2023 in Lagos.

Kano Pillars dispatched Benue Buffaloes 33-24 to stay fifth in the men’s standing.

Lagos Tojemarine Academy continued in their good form as they defeated Correction Boys 29-22.

Lagos Seasider Boys struggled to defeat Confluence Stars 24-22 while Safety Shooters eased past Police Machine 29-19.

 

League leaders, Niger United outscored bottom-placed  Bendel Dynamos 36-17 as De Defenders secured a vital 25-22 victory over Sokoto Rima Strikers.

In the women’s category, defending champions, Safety Babes maintained their winning streak this season with a 36-24 victory over Lagos Seasider Babes.

Plateau Peacocks edged past Defender Babes 21-20 to move to fourth on the table.

Bendel Dynamos defeated Bayelsa Queens 30-24 while Sokoto Rima Queens recorded their highest win after they defeated Benue Queens 42-28.

Delta Queens stunned Imo Grasshoppers 29-26.

Men’s Results 

Correction Boys 22-29 Tojemarine Academy
Lagos Seasiders 24-22 Confluence Stars
Police Machine 19-29 Safety Shooters
Benue Buffaloes 24-33 Kano Pillars
Bendel Dynamos 17-36 Niger United
De Defenders 25-22 Rima Strikers

Women’s Results 
Delta Queens 29-26 Imo Grasshoppers
Seasider Babes 24-36 Safety Babes
Defender Babes 20-21Plateau Peacocks
Bayelsa Queens 24-30 Bendel Dynamos
Rima Queens 42-28 Benue Queens

Victor Wembanyama put on a show,z but his San Antonio Spurs slumped to a seventh straight defeat on Friday as group play continued in the NBA’s new in-season tournament.

De’Aaron Fox matched his career high with 43 points, adding eight rebounds and seven assists for the Sacramento Kings, who beat the Spurs 129-120.

After scoring just eight points in a 36-point loss to Oklahoma City on Tuesday, Wembanyama scored 27 points and pulled down nine rebounds.

The 19-year-old French phenomenon, who was taken number one in the NBA draft, impressed with an array of shots — including a gravity-defying alley-oop dunk.

Zach Collins scored 28 for the Spurs, who roared to an 18-point lead in the first quarter but couldn’t keep pace in a fourth quarter that saw Fox deliver 14 points as Wembanyama was held to six.

“All of us, we know we’re on a good path,” Wembanyama said as he reflected on yet another defeat.

“Of course it’s hard to be patient sometimes, but it’s an everyday fight. I know that the end of the season will not look like the beginning of the season.”


Now 3-9 for the season, the Spurs fell to 0-3 in group play in the league’s new cup-style tournament — out of the running for the knockout rounds.

The Los Angeles Lakers, meanwhile, were closing in on a quarter-final berth after a 107-95 victory over the Trail Blazers in Portland.

LeBron James, who turns 39 next month, matched his season-high with 35 points and the Lakers led by as many as 17 in the final quarter.

Anthony Davis added 16 points and 14 rebounds as the Lakers improved to 3-0 in the tournament.

They can clinch their group with a win on Tuesday over Utah, who fell 131-128 to the Phoenix Suns.

Kevin Durant scored 38 points — including a dagger three-pointer with 18.8 seconds left — to propel the Suns to victory in Salt Lake City.

James Harden was the hero for the Los Angeles Clippers, who snapped a six-game losing streak with a 106-100 victory over the Houston Rockets — their first win in the five games since Harden arrived in a trade from Philadelphia.

With six seconds remaining and the score tied at 100-100, Harden dribbled against Jae’Sean Tate, making his trademark step back to drain a three-pointer, drawing a foul and converting the free throw.

“It’s a sigh of relief,” admitted Harden.

“It’s been some tough times these last few games. But we’ve got a bigger picture, got to be the last team standing so it’s going to be a process.”

Elsewhere, Zion Williamson scored 26 points and the New Orleans Pelicans withstood a Nikola Jokic triple-double of 26 points, 16 rebounds and 18 assists in a 115-110 victory over the NBA champion Denver Nuggets.

New Orleans never trailed, leading by as many as 20 in the third quarter and holding off a Denver charge that saw the Nuggets pull within one in the final period.

In Toronto, Boston guard Derrick White drained a go-ahead three-pointer with 27.5 seconds left as the Celtics held off the hard-charging Raptors 108-105.

Jaylen Brown scored 23 points, Jayson Tatum added 17 and Kristaps Porzingis chipped in 14 points and 12 rebounds for the Celtics, who are 2-0 in tournament play and maintained their one-game lead atop the Eastern Conference over Philadelphia — who beat the Atlanta Hawks 126-116.

– Bridges returns –

In Charlotte, Milwaukee’s Damian Lillard scored 27 points to lead seven Bucks players in double figures in a 130-99 victory over the Hornets.

Malik Beasley added 20 points and Bucks star Giannis Antetokounmpo returned from a one-game injury absence to score 16 points with eight rebounds and nine assists in Milwaukee’s third straight victory.

The Bucks connected on 22 of 45 three-pointers to withstand a 37-point night from Charlotte’s LaMelo Ball.

Miles Bridges came off the bench for Charlotte and scored 17 points in his first NBA game since April 2022.

Bridges missed all of last season and was suspended 10 games to start this season after pleading no contest in a felony domestic violence incident last year.