Bola Tinubu, President-elect has vowed to speed up ongoing projects when sworn in on May 29th.
This was revealed by the Bola Ahmed Media Centre via its official Twitter handle on Monday.
The statement partly read, “The Lagos – Kano; Benin – Abakaliki; Port Harcourt – Maiduguri; Lagos – Calabar; and Kano – Maradi will be given special attention as his administration hopes to get them completed as soon as possible.
“Having been instrumental to the Lagos rail success story, Asiwaju understands that railways are less expensive in the shipment of large quantities of goods from one location to another part of the country.
“State Governments will be encouraged to build metro systems in their capital cities. These metros will link up with existing national rail lines and revolutionise urban transport in Nigeria.
“This will further boost commerce and contribute significantly to national GDP growth as envisioned in the Renewed Hope policy plan.”
The former Lagos State Governor who was declared winner of the recently concluded presidential election returned to the country after spending one month in France.
The National Agency for Food and Drugs Administration and Control (NAFDAC) has alerted Nigerians about a dangerous cough syrup in circulation.
The cough syrup called ‘Naturcold’, is reportedly manufactured by Fraken Group.
According to reports, the syrup is believed to have caused the deaths of six children under the age of five at a health facility in the health district of Fundong, in the North-West region of Cameroon.
According to the North-West Regional of Cameroon delegate for Public Health, the children showed a decrease in kidney function after using the cough syrup.
This was disclosed in a recent press statement by NAFDAC.
The Agency said the product is not authorised for marketing in Cameroon and was purchased from unauthorised sources.
“Although the product is not in NAFDAC database, importers, distributors, retailers, and consumers are advised to exercise caution and vigilance within the supply chain to avoid the importation, distribution, sale and use of the substandard (contaminated) syrups,” the agency said.
The Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has said the flagbearer for the All Progressives Congress (APC) in the 2023 presidential poll, Bola Ahmed Tinubu, was never fit constitutionally, to run for the presidency.
Atiku also asserts that he has been able to run for the office of the President of Nigeria since 1993 without any controversy because he is free from drugs and identity scandals, unlike the President -Elect, Ahmed Bola Tinubu.
The former Vice President’s comments were contained in a response to Tinubu’s and APC’s reply regarding his petition challenging the process and the outcome of the February 25 presidential election.
“Tinubu is constitutionally disabled from contesting for the office of President of the Federal Republic of Nigeria,” Atiku insisted in a rejoinder to the president-elect’s response in which he described Atiku as a serial election loser.
Atiku said that Tinubu is a giant in forfeiture, drug related offences and failure to disclose dual nationality to INEC. Besides, Atiku noted that his own identity, comprising age, State of Origin and educational qualifications have never been in dispute unlike those of Tinubu.
The PDP flagbearer alleged that Tinubu is unfit to lead Nigeria having been indicted for drug related offences in the United States of America (USA) and made to forfeit a sum of $460,000 as a compromise agreement.
In the response filed by his lead counsel, Chief Chris Uche (SAN), the PDP presidential candidate justified why the declaration of Tinubu as President-elect cannot stand, adding that it is against the law for Tinubu to hold dual citizenship of Nigeria and Guinea, having voluntarily acquired the citizenship of the Republic of Guinea.
He also accused Tinubu of not disclosing facts of his constitutional qualifications in his Form EC9 submitted to the Independent National Electoral Commission (INEC), contrary to the provisions of the law.
Justifying his request for the annulment of the declaration of Tinubu as President-elect, Atiku said that Tinubu and APC never won majority of the lawful votes cast in the February 25 presidential election.
Amongst others, the PDP presidential candidate maintained that Tinubu failed part of the constitutional requirements having failed to secure 25% of the votes cast in the Federal Capital Territory (FCT), Abuja, as constitutionally required.
He insisted that the return of Tinubu as the winner of the 2023 presidential election is undue, unlawful and invalid because Tinubu did not meet the constitutional requirements as to qualification.
Rather than addressing the issues raised against him and the disputed election, Atiku said that Tinubu deliberately chose not to answer points of substance in the petition and opted for contradictory and vague facts.
Reacting to another issue raised against Atiku’s petition, the former Vice President claimed that his petition did not in any way constitute a gross abuse of any court process, adding that the originating summons of February 28, 2023, filed at the Supreme Court by Adamawa, Akwa-Ibom, Bayelsa, Delta , Edo, and Sokoto states have since been discontinued.
He added that parties in the suit of the six PDP controlled states are not the same in his own petition and therefore prayed the Presidential Election Petition Tribunal to discountenance the objections and the averments raised against the petition by Tinubu and grant him all the reliefs sought in the petition.
[Channels TV]
Tony Elumelu spent over N23 billion to tighten his control in Transnational Corporation (Transcorp) after Femi Otedola displaced him as the single largest majority investor in the firm.
Ripples Nigeria had reported last week that Otedola bought 2.24 billion shares in Transcorp, a move that handed him a 5.52 per cent stake in Transcorp.
The share acquisition by Otedola saw him overtake Elumelu, who owned a 2.06 per cent stake at the time and also serves as chairman at Transcorp.
In response, Elumelu acquired 9.69 billion shares through his investment company, HH Capital Limited, which previously held 293.98 million shares.
This was disclosed on Thursday in a corporate document shared with shareholders and the capital market authority, Nigerian Exchange Limited (NGX).
Elumelu owns direct shares of 273.10 million and indirect shares of 273.54 million (through Heirs Holdings Limited) in Transcorp Plc.
The acquisition through HH Capital Limited increased his total shares in Transcorp to 10.26 billion, from 840.63 million.
As a result, Elumelu now has a controlling stake of 25.2 per cent in Transcorp, above his previous 2.06 per cent stake. This also increased his stake above the 5.52 per cent held by Otedola.
Elumelu’s total investment value in Transcorp is now N30.28 billion as of Wednesday, while that of Otedola is N6.60 billion.
In the corporate document, Transcorp said: “With this new acquisition, HH Capital Limited now holds a total of 9,991,173,177 units, representing 25.58% of the Company’s total shares.
“As noted in our previous communication, the Company welcomes the continued expression of confidence in its leadership and management by the investing public, as we continue our unwavering commitment to superior stakeholders’ returns, anchored in our ideology of Africapitalism.
“Rest assured, we are committed to remaining resolute in executing our Group’s strategy of making strategic investments in key sectors within the Nigerian economy, transforming Africa, and contributing positively towards building prosperity for all.”
[RipplesNigeria]
Nigerian companies have begun to recount the impact of the naira redesign policy of the Central Bank of Nigeria.
The country’s biggest brewery company, Nigerian Breweries said it recorded a loss of N10.7bn in the first quarter of 2023 due to the ripple effect of the controversial naira redesign policy of the CBN.
The company’s revenue declined by 10.5 per cent in the first quarter of 2023 to N123.3bn from N137.7bn recorded in the first quarter 2022.
The brewery company said in its financial report for the Q1 of 2023 that operating cost (Selling, Distribution & Admin. Expenses) rose 7.1 per cent to N42.35bn in Q1 of 2023, up from N39.3bn recorded in the same period of 2022.
Also, net finance expenses rose 552.5 per cent to N19.3bn, up from N2.96bn recorded in 2022.
The books showed NB lost N10.71bn in the review period as a result of the high input and operating expenses.
The apex bank began a naira redesign policy in 2022 where it introduced new N1,000, N5000, and N200 notes and said old notes will cease to be legal tender by January 31, 2023.
By February, the apex bank mopped up N2.1trn of the old notes and extended the deadline to February 10.
The controversial policy resulted in legal battles after Kogi, Kaduna and Zamfara state governors went to the Supreme Court to challenge the policy due to the resulting hardship.
The deadline was later extended to December 31, 2023.
Nigerian Breweries said, “The operating environment during the period under review was very challenging for businesses. The impact of the cash crunch which led to a near collapse of payment channels as well as the security and safety uncertainties associated with the general elections, created disruptions in the economy.
“These were in addition to the continuing headwinds of inflationary pressure with its impact on purchasing power, input cost, and operating expenses.
“The total brewed product market suffered a double-digit (mid-twenties) volume decline versus the same period in 2022. We were able to largely mitigate the volume decline impact on our Revenue due to our appropriate pricing strategy.
“Our operating profit was further impacted by a one-off reorganisation cost with a view to refreshing and restructuring the business to cope with current challenges for a sustainable future.”
The Governor-elect of Enugu State, Dr. Peter Mbah, has bemoaned the death of a political stalwart and former gubernatorial aspirant on the platform of the All Progressives Grand Alliance (APGA), ahead of the 2023 general elections, Engr. Dons Udeh, describing it as heartbreaking and condemnable.
It is recalled that Udeh, whose lifeless body was found at the 9th Mile area of Enugu on Wednesday, was reported missing a few days ago.
Udeh was at various times a State Commissioner; Federal Commissioner, Nigerian Communications Commission, NCC; board member, National Drug Law Enforcement Agency (NDLEA); State Secretary of the Peoples Democratic Party (PDP); Special Adviser to the Governor, and most recently a member of the State PDP Campaign Council, amongst others.
Reacting to the development, Mbah, in a statement by the head of his media office, Dan Nwomeh, expressed deep grief and sadness over the loss, noting that Udeh had served the state and the nation creditably in several capacities.
“I received with a deep sense of loss the news of the death of Engr. Dons Udeh, an illustrious son of Enugu State.
“He was a political associate, a true Waawa son, and patriot, who gave his best in the service of Enugu State, the nation, and humanity at large.
“The circumstances of his death make it even more painful. It is horrendous, unacceptable, most condemnable, and must never go unpunished.
“I therefore urge the security agencies to do everything within their powers to unravel the killers and bring them to book,” he said.
While expressing heartfelt condolences to the family of the late political stalwart and the entire people of Ozalla whom he served notably as the President General of their apex development union, Dr. Mbah also prayed to God to grant them the inner strength to bear the irreparable loss.
He equally prayed for the peaceful repose of the soul of the deceased.
[DailyPost]
The pan-Yoruba socio-political organisation, Afenifere has called on the Federal Government to discontinue all the plans and arrangements to conduct the forthcoming National Housing and Population Census in Nigeria.
The group said it bemoaned the conduct of the national exercise, which is scheduled to commence on May 3, saying it was inauspicious in timing and would be impossible in credible implementation.
This was contained in a communique at the end of its monthly meeting held at the residence of Afenifere’s Acting Leader, Pa Ayo Adebanjo in Isanya Ogbo, Ogun State.
The communique was made available to our correspondent in Akure, Ondo State by the Secretary General of the group, Chief Sola Ebiseni on Thursday.
According to the association, some stakeholders have raised concerns over conducting the census in the same year of the general election but the government insisted in conduct the census. The group also condemned the N100 billion on the exercise, describing it as a “scandalous and economic offence.”
The group said, “Afenifere recalls that in a paper it presented at the National Consultative Forum on the 2023 Census held at the Banquet Hall, State House Abuja on August 11, 2022, it reiterated the imperative of census in national development noting that the application and misuse of Census data had been our bane as a country where we lie to ourselves and the world about our number indulging in laughable projections sometimes based on assumed and fixed percentage of population growth across different parts notwithstanding glaring variables.
“It is in the light of the importance of credible exercise that, in the August 2022 Conference, we strongly advised against the conduct of the Census which, among other reasons, we said could not possibly hold in the same year of a General election. Other well-meaning personalities and institutions including the UNFPA Resident Representative in Nigeria who was at another Conference in Port Harcourt on March 26-29 2023 and most recently the Methodist Church Nigeria, Diocese of Calabar all have raised concerns on the possibility of reasonable and genuine participation in an acceptable headcount in the current mood of the nation.
“Afenifere is particularly bemused that Government expects participation in headcount by citizens still incensed and distraught by the trauma of violence and brigandage of the elections or by those in IDP camps within their country in whose ancestral homes terrorists in occupation will now be counted as new indigenes.
That all factors considered, including its inability to supervise a transparent electoral process, and a lesser headcount exercise, the integrity deficiency of this administration are abysmally compounded in conducting census in which partisan disputes in Nigeria are often at the level of communities, states and ethnic nationalities having been politicised over time.
“Afenifere decries the most insensitive deployment of over 100 billion Naira on this wasteful exercise as scandalous and an economic offence. Afenifere conclusively says there is no compelling reason why the census must be held by the expiring Buhari administration and calls for all steps and preparations in that regards to be stopped forthwith.”
The group also called on the judiciary to ensure that all petitions in respect of the just concluded presidential election be timeously and justly resolved before the end of the tenure of the “Buhari administration as the only way the confidence of Nigerians in its intervention may be earned.
“Precedents in this regard have been laid even by less endowed countries in Africa,” it noted.
[Punch]
Algeria will on April 29 – May 9 host the continent in the U-17 Africa Cup of Nations tournament.
Meanwhile, the Golden Eaglets of Nigeria are out to conquer the rest of Africa yet again after forward Light Eke disclosed that the team’s target is to win this year’s U-17 Africa Cup of Nations in Algeria, National Daily learnt.
National Daily can confirm that Nduka Ugbade’s tutored side will kickoff their campaign on April 30 when they are expected to confront Zambia, Morocco and South Africa in Group B.
Eke expressed confidence that they will emerge champions based on their preparations, while speaking about the chances of the Eaglets.
“Based on our preparation I know that we are very ready for this tournament,” Eke said on NFF TV. “In our group we have opponents that we know and who are very good.
“But like I said based on our preparation we came here knowing that we are going to win the trophy and also qualify for the World Cup.
“So all we are going to do is play according to the coaches instructions and give our best throughout the tournament.“
The top four teams from the U-17 AFCON will pick the ticket for the World Cup.
The last time the Eaglets won the U-17 AFCON was in 2007 in Togo and have won the tournament twice (2001, 2007).
[NationalDaily]
UK Prime Minister Rishi Sunak has written to President-elect Bola Tinubu ahead of his inauguration.
In the letter seen by TheCable, Sunak said he “looks forward to working” with Tinubu who won the presidential election on the platform of the All Progressives Congress (APC) in February.
Sunak said he hopes to welcome Tinubu to London in April 2024 for the second Africa Investment Summit.
He said the summit will be a “key moment” to strengthen UK-Nigerian business partnerships “in order to create jobs and growth, increase bilateral trade and investment, and support your aim of boosting Nigeria’s export competitiveness”.
The prime minister said the UK will continue to support Nigeria in addressing its security challenges through the sharing of expertise and tools.
“The UK has been a longstanding partner of Nigeria and we stand ready to support your efforts to build peace, unity and prosperity in Nigeria. The UK Government welcomed the opportunity to hear your priorities when you met the Minister of State for Development and Africa last year. I am proud of our work supporting access to education and healthcare, improving governance, and helping meet the humanitarian needs of those affected by conflict,” the letter reads in part.
“Together, we can expand our partnership further, including by strengthening our trade and investment relationship for the mutual prosperity of both our countries through an Enhanced Trade and Investment Partnership.
“I also hope to continue our work in addressing the security challenges facing Nigeria and the wider region. Such challenges are not limited by borders; it is vital that we share expertise and tools to combat them. The National Security Adviser looks forward to further dialogue with your National Security Adviser later this year.
“The deep bond between our two nations comes not only from our shared heritage and the links between our people, including through education, the arts, and sport, but also our unique relationship through the Commonwealth.
“We can take pride in its values of democracy, good governance and cooperation. Through this forum, we will continue working in partnership to tackle global challenges like climate change, with its unique impact on Nigeria and your wider region, I believe our shared leadership on this can play a vital role.”
Sunak added that his government will continue liaising with Tinubu and his team “through the transition period and following your inauguration”.
President Muhammadu Buhari is expected to hand over power to Tinubu on May 29.
[TheCable]
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The Nigeria Governors Forum (NGF) is expected to meet with President Muhammadu Buhari over the new revenue sharing formula put together by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).
The NGF had called on Buhari to send a draft legislation on the new formula to the national assembly before his tenure comes to an end on May 29.
The governors held a meeting on the matter, among other issues, in Abuja on Wednesday.
Aminu Tambuwal, chairman of the forum and governor of Sokoto, said they also discussed stamp duties that had been withheld by the Central Bank of Nigeria (CBN).
“We discussed the new revenue formula submitted to Mr President by the Revenue Mobilisation and Fiscal Commission and the need for us to approach Mr President on the need for him to present the new draft formula to the national assembly before this administration winds up,” Tambuwal said.
“We also discussed the issue of stamp duties that have been held, both the federal government and the states that are warehoused in the Central Bank of Nigeria.
“We are working to make sure that it is released for disbursements to both the federal government and state.
“We are going to meet Mr President as the leader of the forum and we will appeal to him to present that draft revenue formula. By the time it is presented, you will see what is there.”
The Sokoto governor said the NGF has worked in a bipartisan approach for the benefit of the citizens.
“The NGF is actually doing well in terms of bringing governors together, working together for national interest, for the interests of the states,” he said.
Tambuwal added that there has been unity among the governors on national issues.
[TheCable]
The Adamawa State Police Command has revealed how a kidnapper from Zamfara State and one other from Yobe State who relocated to Adamawa State connived with three other men from Mubi, to kidnap their victim.
The Adamawa State Police spokesman, Suleiman Yahaya Nguroje, in a phone conversation on Wednesday, narrated to THE WHISTLER how the kidnappers planned and kidnapped Aisha Ahmadu, a 28 year old woman living at Digil Village, Mubi North Local Government Area, Adamawa, and Killed her husband.
On Tuesday, Nguroje released a statement saying On 23rd April 2023, the Command disconnected a crime network operating as a syndicate of five in Mubi North and South Local Government Areas.
He said the operation was carried out by the Command’s operatives attached to the Divisional Police Headquarters, Mubi North with support from some local hunters.
“The outcome of these successes follows a report received that one Aisha Ahmadu, 28 years old was kidnapped and her husband Alhaji Ahmadu Mohammed was shot and killed in the process, on the 3/04/2023 at Digil Village, Mubi North Local Government Area.
“The Command upon receiving the report designed an Intelligence-led driven strategy and luckily apprehended the Suspects: Mohammed Bello 22 years, resident of Jere -Gada Village, Mubi North LGA, and Abubakar Mallam, 26 years, resident of Dibis, Mubi North LGA,” the statement said.
However, explaining to THE WHISTLER how the kidnappers carried out their plans, Nguroje said one of the suspects paraded on Tuesday was a neighbour to the victim, Aisha Ahmadu.
He said the paraded suspect had joined his 5-Man syndicate which carried out the evil act.
According to Nguroje, the suspect was asked by his colleagues to identify a target whom he knew would be able to pay ransom to Kidnappers.
He therefore pointed at the residence of Alhaji Abdulraman where the victim and her husband lived.
“So when they came one fateful night to invade the house, two of them barricaded the house of Alhaji Ahmadu, then the other two went to the wife.
“The two that barricaded the husband’s room shot him and unfortunately that resulted in his death. They now kidnapped the wife, Aisha and went away with her.
“The following day, the people living in the area were trying to trace the footprints (of the kidnappers) to locate their hideout, but unfortunately, one of them was gunned down by the same syndicate who sighted them even before they could sight them.,” Nguroje said.
He narrated further that the residents then contacted the Police Command and reported the case.
“When a report was made, the Command started conducting an investigation, but the family was very desperate to get the wife released, so they mobilised and paid the sum of N2.5m to the kidnappers before she was released.
“So when she came back, she gave further information on how she was kidnapped, how they operate and how they communicate.
“That of course assisted the Command’s intelligence-led policing joining heads together and traced the whereabouts of the kidnappers and apprehended the two,” he said.
He explained that one of the suspects apprehended happened to be a person that was very close to Ahamdu’s family.
“He even attended the burial of the late Alhaji Ahmadu. So when he was picked, he later confessed that they are five operating.
“As I’m talking to you now, yesterday after we released the statement, the CP directed the Command to augment the strength of the DPO and ensure the arrest of the 3 fleeing suspects.
“Luckily, yesterday, they were apprehended – all the remaining 3. Investigation is ongoing now to go and recover the AK47 that was used in killing the head of the family.
The police spokesman pleaded with members of the public to be wary of people they relate with.
He said the two masterminds of the crime were people who relocated to settle at Digil village.
He explained that “One was from Zamfara who relocated all the way from Zamfara and settled in Digil.
“The other one equally relocated from Yobe, Sabon – Gida and settled in that area.
“So virtually, criminals that move around from different parts of the country are not people you can trust and relate with.”
Nguroje explained that when he interviewed the first suspect who attended the burial, he realised that the residents of Digil never knew he was a killer and kidnapper.
“We plead with the members of the public to be careful with people they deal with. And it’s not everybody that comes your way sympathising with you that will be trusted.
“People should equally believe and give timely and actionable reports to the police. That will help us in tracking down the kidnappers, their hideout, whereabouts and bring them to book,” the law enforcement officer said.
The Chief Whip of the Senate, Senator Orji Uzor Kalu, on Wednesday, said he is the best candidate to work with the President-elect, Bola Tinubu, as the Senate President in the 10th National Assembly.
Naija News reports that Senator Kalu made this known to reporters after he held a closed-door meeting with Tinubu which lasted for about 30 minutes in Abuja.
The former Governor of Abia State said he is the best candidate for the Senate Presidency because he has the capacity to unite Nigeria and he is the best to work with Tinubu for the interest of the country.
Kalu also stated that he met with the President-elect to officially welcome and felicitate him on his return from a successful vacation in Paris, France.
The former governor recalled saying during the celebration of Mass to mark his 63rd birthday that the Tinubu was fit and healthy and would return soon.
He said: “I told Nigerians that Tinubu is not sick and that he would return soon and a few days after I made that comment, today you can see for yourself that he is here.
“So, this shows that our President-elect is fit and fully ready for the Job of leading Nigerians just like I said. I just came to congratulate and officially welcome him back to the country and we are ready to support him in the task ahead.
“I am the best among the candidates. I have the capacity to unite Nigeria and I am the best to work with our President-elect for the best interest of Nigeria. Nigerians need to feel the impact of our party. I have the integrity, honesty, and experience to lead the Senate.”
Naija News reports that Kalu is one of the Senators who have openly declared interest to emerge as the Senate President for the 10th National Assembly.
The Ohanaeze Ndigbo socio-cultural organisation, has explained why it will not congratulate President-elect, Asiwaju Bola Tinubu just yet.
Ohanaeze’s national Vice President, Damian Okeke-Ogene, said the apex Igbo socio-political organisation cannot congratulate Tinubu until the court process has been concluded.
Okeke-Ogene disclosed this in a statement issued on Tuesday, April 25, 2023.
He said, “Ohanaeze is not in a hurry to recognise Tinubu as the President-elect because any house built on a faulty foundation is bound to collapse.”
He further added, “We believe that the process of the 2023 presidential election is still ongoing. The voting has been completed, and the court has taken over. Until the outcome of the court process is known, we cannot take a stance on the 2023 election.”
The Labour Party’s Peter Obi and Atiku Abubakar of the Peoples Democratic Party, PDP, are contesting the outcome of the February 25 presidential election at the Presidential Election Tribunal.
Obi and Atiku are arguing that Tinubu was not duly nominated by APC and that the Independent National Electoral Commission (INEC) contravened its own laws in returning the APC candidate as president-elect.
Meanwhile, preparations are ongoing for the handover of power to Tinubu and his deputy, Kashim Shettima, on May 29.