The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi SAN, on Monday, May 20, supported the proposed 300 percent increase in the salaries and allowances of judicial office holders in the country by President Bola Tinubu.

The National Judicial Council (NJC), Nigerian Bar Association (NBA), and the Revenue Mobilisation and Fiscal Allocation Commission (RMAFC), among others, also endorsed the proposal.

The AGF, NBA, NJC, RMAFC, and other critical stakeholders spoke during a one-day public hearing on a Bill titled: “A Bill for an Act to Prescribe the Salaries and Allowances and Fringe Benefit of Judicial Office Holders in Nigeria and Related Matters, 2024.”

The public hearing was organised by the Senate Committee on Judiciary, Human Rights, and Legal Matters chaired by Senator Mohammed Tahir Monguno (APC – Borno North).

Fagbemi in his presentation, urged the committee to note that the efforts to improve the remuneration of judicial officers in the country has a chequered history.

He said: “I wish to remark that the Judicial Office Holders (Salaries and Allowances, etc.) Bill 2024 is quite innovative, aside from the increment in the basic salary, it also took cognizance of certain peculiarities of the administrative structure and operation of the judiciary.

“This Bill will birth an appropriate and commensurate remuneration that will ensure judicial independence and integrity.

“The present-day but sad reality is that the judiciary has stagnated on the same salary scale for over 16 years, this is totally unacceptable and quite antithetical to any meaningful judicial reform.

“I strongly commend this Bill for your kind consideration and do urge the Senate to support and ensure the passage of this Bill in the national interest of promoting the rule of law.”

He added: “In consultation with the judiciary and other key stakeholders, we are also interested in ensuring a holistic review of our judicial system to respond to the justice needs of Nigeria.

“This is why I am taking immediate/urgent steps to establish a Working Group on the review of the Constitution and other relevant laws. The Working Group will, among others, focus on the key provisions aimed at achieving the judiciary that responds to the evolving justice needs of Nigerians.

“At the appropriate time, and I promise very soon, we will come up with proposals for Constitutional and Statutory reforms of the Judiciary in particular, and the Administration of the Justice System in general.”

Details shortly…

[TheNation]

Ahead of the formal opening of the Students’ Loan portal this Friday, the Nigeria Education Loan Fund has said it will commence with students in federal tertiary institutions.

This comes as the Fund has said only students whose institutions have uploaded their data on its dashboard would be eligible to apply.

Managing Director/Chief Executive Officer of the Fund, Akintinde Sawyerr, stated this on Monday at a Pre-Application Sensitisation Press Conference in Abuja.

He said 1.2 million students from federal government-owned universities, polytechnics, colleges of education, and technical colleges would benefit from the first phase of the scheme.

While calling on students in federal tertiary institutions to visit the website, www.nelf.gov.ng to apply from May 24, the Managing Director said students in state universities and vocation skills centres would apply at a later date.

He said the requirements to apply include the Joint Admission and Matriculation Board admission letter, National Identity Number, Bank Verification Number, and a completed application form from its website.

“The loan application process has been streamlined to ensure easy access for all eligible students in federal tertiary institutions.

“Applicants can access online support to assist with any questions or concerns during the application process.

“We believe that education is a vital investment for the future. We envisage that the student loan initiative of Mr. President is a testament to this commitment,” he said.

One of the key features of the programme, he stressed, is the absence of physical contact between the loan applicant and NELFUND.

According to him, the portal provides a user-friendly interface for students to submit their loan applications conveniently.

 

He encouraged students in federal tertiary institutions to take advantage of this opportunity to secure the required financial assistance for their education, even as he urged applicants to submit their applications as soon as possible to ensure timely processing.

He revealed that in addition to the interest-free loan, applicants will also receive monthly stipends for upkeep. He, however, did not state the amount, saying: “That figure will be capped.

We will look very closely at each application and make a decision based on several factors as to what fees will be paid to them.

“The fees for the institution are going to be paid not to the students but to the institution.

And that will be paid at the maximum of that fee per session. We will only pay for a session at a time. Because people drop out of institutions, they change institutions.”

The NELFUND boss also pointed out that institutions have vital roles to play in providing the Fund with data on fees payable by students at the institution, departmental, faculty and other levels.

Sawyerr said the agency is also working with security agencies to ensure that people do not take advantage and defraud the process.

President Bola Tinubu had last month signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law, with a promise that no student would be denied the opportunity to build his future regardless of background.

The Act empowers the Nigeria Education Loan Fund to provide loans to qualified Nigerian students for tuition, fees, charges and upkeep during their studies in approved public tertiary institutions and vocational and skills acquisition establishments in the country.

The new law which repeals the Student Loan Act, 2023, removes the family income threshold so Nigerian students can apply for these loans and accept responsibility for repayment according to the Fund’s guidelines.

[Punch]

Leaders of the Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterparts have put the civil society allies on notice over their planned industrial action should government fail to reverse the hike in electricity tariff and conclude the minimum wage by May 31.

In a joint communique issued today leaders of the two labour centres, gave the federal government and National Electricity Regulatory Commission, NERC, month ending to reverse the hike.

This came as they reiterated their May 31 ultimatum for government to conclude the new minimum wage or face a national strike.

Details soon...

[Vanguard]

Aliko Dangote, Africa’s richest person, says he still faces difficulties travelling in Africa with his Nigerian passport.

Dangote spoke recently at the Africa CEO Forum Annual Summit in Kigali, Rwanda.

“I still complained to President Kagame. I told him that as an investor, I have to now apply for 35 different visas on my passport, and I told Mr. President, I really don’t have the time to go and be dropping my passports in embassies to get a visa,” he said.

“But you see, the most annoying thing is that yes, if you are treating everybody the same, then I can understand.”

 

Using the French passport as an example, Dangote said Patrick Pouyanne, chairman of Total Energies, does not need 35 visas on his French passport to gain access to African countries.

“You don’t need 35 visas on your French passport. This means you have a freer movement than myself in Africa,” he said.

Speaking further on businesses within Africa, he said right now, “our main job is to make sure the regional markets all work. Once they work, then we can now go to Africa Continental Free Trade Agreement (AfCFTA). But then, for AfCFTA also, we need to make sure that it works”.

 

“We cannot have a very promising continent and our intra-trade rate is less than 16 percent. Okay, so we Africans will have to do it. If we are waiting for foreigners to come and do it, both the development of Africa, it’s not going to happen,” he said. 

“So it can only happen to us Africans. We must risk our sources and make sure that we lead, then we will have people who actually trust and believe in Africa like Patrick to come and help us to push to the next level.”

Also, at the event, the business mogul announced that Nigeria will not have to import petrol into the country by June when Dangote refinery commences production of the product.

[TheCable]

A member of the Northern Elders Forum (NEF), Prof Usman Yusuf, has accused former President Muhammadu Buhari of neglecting his home state, Katsina, throughout his eight-year tenure.

 

Yusuf, who spoke while appearing on a Channels Television programme on Sunday, noted that Buhari’s administration executed legacy projects in different parts of the country but failed to do any meaningful projects in the North West zone.

 

The former Executive Secretary of the National Health Insurance Scheme (NHIS) said even though the northern region had a “good representation” in Buhari’s government, there was nothing to show for it.

 

Yusuf insisted that Buhari did not do much to develop in his home state, Katsina and North generally, stating that he couldn’t even complete the Abuja-Kano highway for eight years.

 

He said, “The chief of staff was the one who pushed for the creation of the NEDC. Now, there is a Vice President, National Security Adviser and others from the north. What are they doing to address this issue? But we complain in the North West that we had a president that we never got anything from.

 

“Go to Katsina today where I come from, there is nothing to show we had a president for eight years. In the North West, let him tell us what he has done.”

 

Yusuf also blamed the governors of the northern region for the poor level of development of the region.

Former lawmaker, Senator Daniel Bwala, has claimed that Mr Peter Obi, presidential candidate of the Labour Party, LP, in the 2023 election, only stands the chance to become Nigerian president from 2039.

Bwala said President Bola Tinubu will have to finish his two terms, with power returning to the north for another eight years.

The former lawmaker, in a post on his Social media handle on Monday, said power will only return to the south in 2039.

He wrote: “@PeterObi only stands the chance to be Nigerias president from 2039 when he will clock 79, or above 79 years. By then his message would no longer be “vote me because I am the younger of the candidates” but it will be “vote me because age doesn’t matter but capacity”

“The reason is @officialABAT will finish his two terms, then power would come to the north for another 8 years, before it goes to the south. The e-rodents who keep shouting “we are the youth” by then would be saying “we are the elders”. Blessed week ahead.”

The Federal Government has announced plans to commence a nationwide official groundbreaking for phase 1 of the Renewed Hope Cities and Estates project across the country.

In a statement on Sunday, the Minister of Housing and Urban Development, Ahmed Dangiwa said the project will begin with 1,250 housing units in four states in northern Nigeria.

He said the groundbreaking event is scheduled to begin on May 22 in Katsina State and conclude on May 25 in Gombe State.

Dangiwa said the completion of the contracting process and the mobilisation of reputable developers marked the commencement of this significant development.

The minister said the exercise follows the programme’s official launch by His Excellency, President Bola Ahmed Tinubu, GCFR, with a 3,112-housing unit project in Karsana, Abuja, in February 2024.

He emphasised the commitment of the current administration to turning the country into a huge construction site and unlocking the potential of the housing sector to create jobs, catalyse economic growth and contribute to the economy.

The statement read in part, “The minister will officially flag off construction activities at the project sites as follows: 250 housing units at Renewed Hope Estate in Katsina on Wednesday, May 22, 2024, 500 housing units at Renewed Hope City in Kano on Thursday, May 23, 2024, 250 housing units at Renewed Hope Estate in Yobe on Friday, May 24, 2024, 250 housing units at Renewed Hope Estate in Gombe on Saturday, May 25, 2024

“We are committed to our promise to His Excellency, President Bola Ahmed Tinubu, GCFR, to turn the country into a huge construction site and unlock the potential of the housing sector to create jobs, catalyse economic growth, and contribute to the $1 trillion economy while boosting national development. The 1,250 units that we are breaking ground for in Katsina, Kano, Yobe, and Gombe are only a start. After this, we shall be proceeding to other parts of the country.”

The minister noted that under the 2023 supplementary budget, the ministry awarded contracts for 3,500 housing units in 13 states since December 2023.

This includes 500 housing units in Kano, and 250 housing units in 12 other states including Katsina, Sokoto, Yobe, Gombe, Nasarawa, Benue, Osun, Oyo, Abia, Ebonyi, Delta and Akwa Ibom.

It added: “The Renewed Hope City in Kano comprises 100 units of 1-bedroom (semi-detached bungalows), 300 units of 2-bedrooms (semi-detached bungalows), 100 units of 3-bedrooms (semi-detached bungalows)

“The Renewed Hope Estates in Katsina, Yobe, and Gombe each comprises 50 units of 1-bedroom (semi-detached bungalows), 100 units of 2-bedrooms (semi-detached bungalows), 50 units of 3-bedrooms (semi-detached bungalows).

“To enhance affordability and ease of offtake, we used organic designs where one bedroom can be expanded to two bedrooms and three bedrooms as the income of beneficiaries increases over time.”

The minister said the housing projects also seek to address social inequality by providing a broad range of affordable ownership options.

He said this includes single-digit and up to 30-year mortgage loans to be provided by the Federal Mortgage Bank of Nigeria, Rent-to-Own options where beneficiaries can move in and pay towards homeownership monthly, quarterly, or annual instalments and Outright Purchases for high-income earners.

Dangiwa added that the 1,250 housing units are being funded under the N50bn 2023 Supplementary Budget of the Federal Ministry of Housing and Urban Development.

President Bola Ahmed Tinubu is scheduled to receive the performance evaluations of his cabinet members this week.

As the Administration approaches its one-year anniversary next week, the ministers will have served nine months in office by tomorrow, having taken their oaths on August 21, 2023. 

The performance evaluations of special advisers and heads of key departments and agencies are also expected to be presented to the President.

The President initially inaugurated 48 ministers, but the count has dropped to 46.

 

Minister of Labour and Employment, Simon Lalong resigned on December 20 after winning his Court of Appeal case to take his Senate seat.

Minister of Humanitarian Affairs, Dr. Betta Edu, has been suspended since March 6 to facilitate an investigation into allegations of misconduct within her ministry.

The cabinet is on edge, fearing that the assessment report could result in a reshuffle or the removal of specific ministers.

 

The report, compiled by Hajiya Hadiza Bala-Usman, who serves as the Special Adviser on Policy and Coordination and the Head of the CDCU, is subject to the President’s final approval.

The criteria for assessing the ministers’ performance were outlined following the retreat that took place after their inauguration.

This assessment is based on the deliverables of the Federal Executive Council (FEC) members across the administration’s eight priority areas, which include:

 
 

• Reforming the economy to deliver sustained and inclusive growth;

• Strengthening national security for peace and prosperity;

• Boosting agriculture to achieve food security;

• Unlocking energy and natural resources for sustainable development;

• Enhancing infrastructure and transportation as enablers for growth;

• Focusing on education, health, and social investment as essential pillars of development;

• Accelerating diversification through industrialisation, digitisation, creative arts, manufacturing, and innovation; and

• Improving governance for effective service delivery.

The CDCU has been conducting quarterly performance evaluations of the ministers. While an interim report has been submitted, the first-year assessment is deemed “critical” in determining the trajectory for the remaining 36 months of the President’s first term.

At the commencement of the evaluation process, Hajiya Bala-Usman said: “For each of these priority areas, we agreed on specific deliverables and developed Key Performance Indicators (KPIs), which formed the basis for the Performance Bond which all ministers and permanent secretaries signed with the President in November 2023.

“These parameters will guide the Quarterly Assessments and Annual Scorecards, which the CDCU is mandated to present to the President.”

A top source, who spoke in confidence to The Nation, said: “The President may receive the first year performance evaluation of the ministers, advisers and even strategic departments/agencies.

“The CDCU has subjected the ministers and others to a quarterly assessment.

“From the outset, the ministers signed a performance bond. And the bond will determine their fate.

“There was also a Citizens’ Delivery Tracker App used to monitor the performance of the ministers and their portfolios. Nigerians’ verdict may also count too.

“But whatever is the eventual decision on the ministers, it is the prerogative of the President.

The source revealed that the ministers’ ratings will align with the President’s eight priority areas, with the relevant key indicators already communicated to them.

The launch of the Dangote Petroleum Refinery is anticipated to drastically reduce Nigeria’s fuel import costs, which currently stand at about ₦6.2 trillion annually.

Recall that Aliko Dangote, the chairman of the Dangote Group, confirmed at the Africa CEO Forum Annual Summit in Kigali, Rwanda, that the refinery will start distributing premium motor spirit next month.

 

This marks a significant shift towards self-sufficiency in fuel supply for Nigeria and potentially West Africa.

The Dangote Refinery, representing a $20 billion investment, aims to fulfil domestic demands and possibly extend its supply across the West African region, covering petrol, diesel, and aviation fuel needs.

 

Dangote expressed confidence in the refinery’s capacity, stating, “By sometime in June, Nigeria shouldn’t import anything like gasoline; not one drop of a litre.”

This development aligns with the Nigerian government’s strategy to reduce dependency on imported fuel, especially following the removal of fuel subsidies by President Bola Tinubu, which significantly cut the country’s petrol import to an average of one billion litres monthly.

The operation of the refinery is expected to offer considerable economic relief by slashing the hefty sum spent on importing fuel.

 

With Nigeria currently spending an average of about ₦520 billion on petrol imports, the commencement of local production could save the nation billions of naira annually.

The difference between the landing cost and pump price of petrol highlights the financial inefficiencies associated with importation.

Local refining is projected to eliminate these costs, providing cheaper fuel to Nigerian consumers and stabilizing market prices.

 
 

The reduction in fuel imports is likely to bolster Nigeria’s foreign exchange reserves and strengthen the naira.

A source from the Central Bank of Nigeria (CBN) told Punch Newspaper that this shift would decrease the demand for foreign currency, improving the country’s economic position and potentially leading to a stronger national currency.

“As the dollar demand reduces, the naira will rebound and that is good for the economy,” the CBN source said.

As the Dangote Refinery gears up for operation, the potential impacts on the Nigerian economy are profound.

This move could significantly reduce the national import bill and transform Nigeria into a key energy supplier in the region, promising economic benefits that extend beyond mere cost savings.

The President of the Nigeria Labour Congress, Joe Ajaero, has said the congress was not aware of merger talks involving the Labour Party with some political parties in the country.

The LP, which is a socio-democratic political party, was founded by the organised labour.

There have been speculations about the possibility of a merger between the LP and the Peoples Democratic Party, following the meeting between the 2023 presidential candidate of the Labour Party, Peter Obi, and the presidential candidate of the PDP in the election, Atiku Abubakar.

Obi also reportedly met with some PDP stalwarts in Abuja, including a former Senate President, Bukola Saraki, and a former governor of Jigawa State, Sule Lamido.

In 2019, both Atiku and Obi ran on the PDP joint ticket but were defeated by former President Muhammadu Buhari of the All Progressives Congress.

However, due to internal conflict within the PDP, Obi left the party in 2022 and contested the 2023 presidential election as the candidate of the Labour Party.

Speaking after the meeting with Obi on Monday, May 13, 2024, Atiku said party members would decide their fate in the 2027 general elections, adding that if the PDP decided in 2027 that it was the turn of the South-East to field the presidential candidate and selected Obi, he would readily offer his support.


The former vice president mentioned that his recent meeting with Obi might indicate a possible alliance leading up to the 2027 general elections.

When asked if the NLC would support merger talks that would make the LP cease to exist or if the organised labour would be involved in any merger talks involving the party, Ajaero said, “We are not aware of such talks.”