The Bola Ahmed Tinubu administration has borrowed N6.53tn between December 2023 and March 2024 including the securitasation of Ways and Means, according to data from the Debt Management Office (DMO).
The additional borrowing pushed the country’s total public debt to N121.67tn as of March 2024. This is asides the impact of the exchange rate difference resulting from naira devaluation.
Nigeria’s total public debt, comprises of the total domestic and external debts of the Federal Government of Nigeria (FGN), the thirty-six (36) state governments, and the Federal Capital Territory (FCT).
A breakdown shows that the debt rose from N121.67tn ($91.46bn) as of March 31, 2024, from the N97tn ($108.23bn) which it was on December 31, 2024.
Total domestic debt was N65.65tn ($46.29bn), while total external debt was N56.02tn ($42.12bn).
DMO said, “Excluding Naira exchange rate movements in Q1 2024, only the Domestic Debt component of Total Public Debt grew from N59.12 trillion on December 31, 2023, to N65.65 trillion on March 31, 2024.
“The increase was from new bon-owing to pan-finance the 2024 Budget deficit and securitization of a portion of the N7.3tn Ways and Means Advances at the Central Bank of Nigeria.”
Analysis showed that the new debt and ways and means securitization rose N6.53tn in the first quarter of 2024.
The DMO warned, “Whilst borrowing, as provided in the 2024 Appropriation Act, will continue, we expect improvements in the Government’s Revenue to enhance debt sustainability.”
South African President, Cyril Ramaphosa visited Nigerian President, Bola Tinubu in a private meeting on Thursday in Johannesburg to discuss enhancing bilateral relations between both countries.
The private meeting at the Radisson Blu Hotel underscored the need for a stronger partnership between Nigeria and South Africa.
According to a press release from Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity), President Ramaphosa expressed his gratitude to President Tinubu for attending his second-term inauguration.
“Thank you so much for coming for the inauguration. I was very happy to see my brother at the ceremony,” said Ramaphosa.
President Tinubu praised Ramaphosa’s inaugural speech, noting its relevance to the challenges faced by African countries and the necessity for increased collaboration.
“I enjoyed your speech at the ceremony. I was delighted listening to you. We have lots of issues in common, and we need to work more closely together. It was a good celebration,” Tinubu stated.
Ramaphosa was re-elected on June 14, 2024, after the African National Congress (ANC) and the Democratic Alliance formed a Government of National Unity.
A chieftain of the Labour Party (LP), Kenneth Okonkwo has hinted on plans to return to the All Progressives Congress (APC).
Okonkwo, who served as presidential campaign spokesperson for the party in the 2023 election, he is not impressed by recent developments in the party.
The Nollywood actor, who joined the Labour Party after dumping the APC in 2022, described it as “a secret society led by a group of clowns”.
He added that the party lacks the integrity to take advantage of the internal crisis in other parties.
In a recent interview on Symfoni, Okonkwo said he will not rule out rejoining another party if the LP continues on a “trajectory where they cannot even hold an acceptable national convention”.
“Any party that is not visibly committed to the welfare of Nigerians will most likely not see me there. I don’t rule out going back to anything because change is constant,” he said.
“My own labour party is not impressing me. Assuming they continue on this trajectory where they cannot even hold an acceptable national convention, then you’d tell me I’d be there?
“I was a spokesperson at the presidential level and I did not know that the Labour Party was having a convention. When I saw it on social media, I thought it was fake. They were rejected in Umuahia because it was a leprous convention.
“Those people are clowns. It is the greatest joke I have ever seen in a political party and then you want to position yourself as a party of integrity. You cannot give what you don’t have.
“Aburi and his cohorts, their tenure is over. Let Aburi and his cohorts get behind me. They are workers of iniquity. I don’t rate them. That executive is in charge of the secret society. They should be apprehended.”
The Edo State Working Committee of the People Democratic Party on Wednesday expelled a former deputy governor of the state, Philip Shaibu, for alleged anti-party activities.
The PDP SWC also expelled the South-South Vice Chairman, Dan Orbih, while it also upheld the expulsion of a former member of the House of Representatives, Omoregie Ogbeide-Ihama, by Ward 2, Oredo Local Government.
The decisions were taken on Wednesday at the PDP SWC meeting in Benin.
Present at the meeting were the Chairman of the Edo PDP, Tony Aziegbemi, and seven other members of the SWC, including Tony Anenih Jr., who joined the meeting virtually.
Aziegbemi said that the trio was expelled for anti-party activities, noting that they had shown that they were no longer in the party and there was no need to keep them in the PDP.
He said that the party would not be affected by their expulsion in the September 21 governorship election in the state, adding the party was well positioned to win at the poll.
The Edo PDP chairman said, “Dan Orbih was expelled because he has been asking members of the PDP to join the opposition party. He also took an appointment as the governing council member of a third-tier institution without recourse to the party before accepting the appointment.
“Shaibu donated about 15 vehicles to the All Progressives Congress and has also been abusing and disrespectful to the leaders of the party in the state. Someone who does these things cannot be termed a true party man.
“Also, Ogbeide-Ihama donated his building on Sakponba Road to the APC for campaign purposes. The building currently bears the billboard of the APC candidate and his running mate.
“The party is working with other stakeholders to ensure that the party wins the election in September.”
The SWC’s decision came days after Shaibu openly declared he would be working for the APC to win the September 21 governorship election while labelling the PDP governorship candidate, Asue Ighodalo, an outsider and a product of godfatherism.
Orbih, on his own, leads the Edo PDP Legacy Group, which had vowed to stop Governor Godwin Obaseki from influencing or installing a successor.
The expulsion of Ogbeide-Ihama by the SWC, however, generated an uproar as the PDP leadership in the Oredo Local Government Area of the state faulted the ex-federal lawmaker’s expulsion.
They declared the suspension null and void and urged the group behind the act not to cause confusion in the local government.
The chairman of the PDP in the local government, Oduwa Igbinosun, after an emergency meeting in Benin on Wednesday, stated that the local government exco attention was drawn to a purported expulsion of Ogbeide-Ihama by a faceless group led by one Lawrence Aguebor, which according to him prompted the exco to set the record straight.
He explained that the said Lawrence was an ex-official of the ward, and lacked the authority to suspend or expel anyone.
Igbinosun added that the National Working Committee of the party had extended the tenure of all elected excos and made ratification for them to act as a caretaker committee.
Similarly, the executives of the PDD ward 2, in Oredo local government disowned the purported suspension and expulsion of the two-term federal lawmaker.
Secretary of the ward, Mr. Jesuobo Obadigie, who stated this on behalf of the executives, said no such action was carried out.
Flanked by the 12 members of the ward exco, Osayande said: “Honourable Omoregie Ogbeide-Ihama remains not just a member, but a prominent and formidable leader of the party, and continues to enjoy the total support of the members in Ward 2.
“It is expected that anyone who loves the party should at this point be focused on actions that will unite the party ahead of the September governorship election.
In a bid to purge the civil service of fraudulent activities, Head of the Civil Service of the Federation, HOCSF, Dr Folasade Yemi-Esan, has revealed a crackdown on ghost workers based abroad but receiving salaries in Nigeria.
She noted that the verification exercises of the Integrated Personnel and Payroll Information System (IPPIS) helped to expose some of the fraudulent activities being perpetuated by certain individuals in the service.
The Head of Civil Service of the Federation (HoCSF) revealed that numerous civil servants who were found to be involved in fraudulent activities were forced to resign from their positions after failing to participate in the physical verification process, which exposed their deceit.
She added that civil servants who are outside the country without official permission and still on the payroll will be sacked after the ongoing verification is completed.
This was as she also disclosed that 1618 civil servants with fake employment letters were also caught and dismissed.
Yemi-Esan revealed this during a media parley with media executives on Wednesday in Abuja, as part of activities to mark 2024 Civil Service Week.
The theme for 2024 celebration is ‘Educate an African Fit for the 21st Century: Building Resilient Education Systems for Increased Access to Inclusive, Lifelong, Quality and Relevant Learning in Africa’.
She said: “There are efforts to tackle Nigerians who have relocated abroad doing news jobs, but are still under the payroll of the civil service.
“The Federal Government is going hard on them, as many of them are voluntarily resigning after the physical verifications.
“Recently, there was a circular that went out to all Ministries, Departments and Agencies (MDAs) that they should do a physical headcount in their MDAs.
“That means, everybody on the nominal roll, that is receiving salaries, should appear physically and the names of those who did not show up for the exercise should be forwarded.
“In the circular, I cautioned that Permanent Secretaries and CEOs that give wrong information will be held liable if anything is discovered outside of the information that was given.”
She alleged that certain high-ranking officials, who were responsible for providing her office with information, were complicit in the fraud and deliberately withheld details to conceal the vacancies, thereby perpetuating the scam.
“It is a Nigerian thing. We are running hard against the culture that tolerates it. Outsiders don’t know the bashing we get every day trying to do the right thing.
“I expect that once the verification report comes anybody that is not in the country automatically loses his job.
“What we discovered in the last month of that verification is that most of them are now resigning their appointment which is a good development,” Yemi-Ean said.
Yemi-Esan, who is set to retire on August 14, as announced by the director of communication, Mohammed Ahmed, during the parley, has been spearheading the purge to restore integrity and transparency in the civil service.
She vowed to continue the clampdown, ensuring that only legitimate civil servants receive their rightful compensation.
Yemi-Esan noted that so far, 69,308 civil servants who participated in the compulsory verification exercise have been fully integrated into the IPPIS after their verifications.
Dr Folashade Yemi-Esan, the Head of the Civil Service of the Federation (HoCSF), announced that the Integrated Personnel and Payroll Information System (IPPIS) verification exercises had uncovered 1,618 civil servants with fake or illegal employment letters.
Speaking in Abuja during a media conversation as part of the 2024 Civil Service Week Celebrations, Yemi-Esan revealed that 69,308 civil servants who participated in the compulsory verification exercise have been fully integrated into the IPPIS after their verifications.
Yemi-Esan highlighted ongoing efforts to enhance civil servants’ capacity and talent. Under the Structured Mandatory Assessment-Based Training Programme (SMAT-P) in the Federal Civil Service Strategy and Implementation Plan (FCSSIP 2021-2025), 8,905 workers have received training.
Addressing corruption within the civil service, Yemi-Esan noted that her initiatives have led the Independent Corrupt Practices Commission (ICPC) to identify and investigate over 3,600 public servants. The clean-up effort has also resulted in the removal of numerous individuals, including retirees, who were improperly on the payroll.
Efforts are underway to address the issue of Nigerians who have relocated abroad but continue to receive salaries from the civil service. Yemi-Esan warned that the Federal Government is cracking down on this practice, and many of these individuals voluntarily resign following physical verifications. Civil servants abroad without official permission and still on the payroll will be dismissed once the ongoing verification is completed.
Yemi-Esan discovered that many employees who have left the country but continue to receive salaries are primarily in parastatals rather than core ministries. She accused some top officials of plotting to ensure these positions were not declared vacant.
“It’s a Nigerian thing. We are running hard against the culture that tolerates it. Outsiders don’t know the bashing we get every day trying to do the right thing,” Yemi-Esan remarked.
She added that once the verification report is finalized, any employee not in the country will automatically lose their job. She also noted a positive development: many individuals have started resigning their positions during the verification process.
The police in Edo State have been given seven days ultimatum to arrest the killers of one Glory Adekolure.
Within Nigeria had reported on Wednesday how Adekolure, a UNIBEN fresh graduate, was beaten and raped to death by some yet-to-be-identified persons.
The incident was said to have happened at Iyowa Community, Benin City, on Thursday, June 13, 2024.
After her gruesome murder, the body of the 22-year-old was dumped close to her mother’s house.
A family source disclosed that the 22-year-old was on her way home after processing her clearance forms when she she met her grisly end in the hands of the diabolical men.
Reacting to the incident, Obaseki directed Edo State Commissioner to go after the perpetrators of the heinous act.
The governor’s directive was contained in statement by the state’s communications and orientation commissioner Chris Nehikhare.
According to the statement, the state government expressed shock and sadness over the incident.
“Governor Godwin Obaseki has ordered the Commissioner of Police, Funso Adegboye, to fish out the perpetrators of the evil act within the next seven days,” he said.
President Bola Ahmed Tinubu flew to Pretoria for yesterday’s second term inauguration of South African President Cyril Ramaphosa on a chartered aircraft because of the poor state of the presidential jet, it was learnt.
The President left from Lagos on Monday aboard the chartered plane instead of the 737 Boeing Business Jet (BBJ) nicknamed Nigerian Air Force 001, which is the official aircraft of the President.
A source in the government said the BBJ is undergoing C-Check making it unavailable for the trip.
Besides, other planes in the Presidential Air Fleet (PAF) are equally not in a good state to make the journey.
Earlier in the year, a trip by Vice President Kashim Shettima for an assignment in the United States (U.S.) was aborted at the last minute because his official jet developed fault.
The source said: “The President took a chartered plane to South Africa because most of the aircraft in PAF are currently undergoing routine maintenance because of their poor condition.
“The 737 Boeing Business Jet (BBJ) being used by Mr. President is also affected. The plane is more than 20 years old.
“None of the other jets in the fleet could be recalled from where they are undergoing check to fly the President to South Africa.
“Technically, the aircraft which flew the President to Lagos for Eid-el Kabir was not fit enough to make the shuttle to the inauguration of the South African President.
“President Tinubu does not derive pleasure in flying about in a chartered jet. What will he gain? But when it comes to technical audit of the aircraft of PAF, safety is a top priority. It is better to mitigate any risk than aggravating it.”
There are 10 aircraft in the Presidential Fleet, including six jets and four helicopters.
They are Boeing Business Jets (BBJ) 737, Gulfstream G550, Gulfstream G500, two Falcons 7X, HS 4000, two Agusta 139 and two Agusta 101.
A source said no aircraft was in good condition to make a flight to South Africa.
The source explained that in the last one year, the President has been weighing options on how to reduce the aircraft in the presidential fleet from 10 to seven as part of cost-saving measures.
The three aircraft likely to be on the shelf are the 737 Boeing Business Jet (BBJ), Falcon and Embraer jets.
The BBJ was bought at about $43 million when Chief Olusegun Obasanjo held the fort as President.
But the Federal Government has been advised to replace the Nigerian Air Force 001.
The presidency has spent over N80 billion since 2016 on the Presidential Fleet, which is being managed by the Office of the National Security Adviser (ONSA).
The breakdown of the past budgets on the Presidential Air Fleet is as follows: 2016 (N3.65 billion); 2017 (N4.37 billion; 2018 ( N7.26 billion); 2019 (N7.30 billion); 2020 (N6.79 billion); 2021 (N12.55 billion); 2022( N12.48 billion) and in 2023 about N25.7 billion, which comprised N13billion in the budget and N12.7 billion Supplementary Budget.
The President is believed to be uncomfortable with the rising cost of maintenance of the fleet.
Tinubu has asked for the reduction of the fleet from 10 to seven in the first phase.
Although a new aircraft may be acquired, there were indications that the fleet may be reduced by the President.
Ex-President Muhammadu Buhari in October 2016 proposed to sell two aircraft – Dassault Falcon 7x executive jet and a Beechcraft Hawker 4000 business jet.
Although preferred bidders had agreed to pay $24 million for the two aircraft, they later reduced their offer to $11 million, which was rejected by the Buhari administration.
[TheNation]
Rivers State Governor, Siminalayi Fubara, has said 23 local government councils in the state will operate from alternative secretariats following Tuesday’s sealing of the councils by the police.
The governor, who said this after swearing in the 23 local government caretaker committee chairmen on Wednesday in Port Harcourt, the state capital, said they could operate from anywhere.
Fubara stated this as the police barred the newly inaugurated caretaker chairmen from from accessing their offices in all the 23 LG headquarters. The secretariats were barricaded with police patrol vans manned by armed policemen.
The state police command had on Tuesday announced that it had taken over all the LG council headquarters to forestall further bloodshed and to prevent a breakdown of law and order.”
A policeman and a member of a local security outfit were killed during a clash between supporters of the governor and his predecessor, the Federal Capital Territory Minister, Nyesom Wike at Eberi-Omuma in the Omuma Local Government Area of the state on Tuesday.
Fubara and his predecessor have been embroiled in a bitter disagreement since late last year.
The crisis led to the bombing of the state House of Assembly last year, factionalised the House while the governor survived an impeachment by Martin Amaewhule led 27 lawmakers of the House loyal to the FCT minister.
The crisis worsened on Tuesday when youths loyal to the governor dislodged some chairmen loyal to Wike after the expiration of their tenure.
The three-year tenure of the 23 chairmen expired on Monday but they had vowed to remain in office, citing the Local Government Amendment Law 2024 made by the Martin Amaewhule-led House of Assembly.
The law by the 27 lawmakers loyal to the Minister of the Federal Capital Wike, empowers them to remain in office for six months due to the failure of Fubara to conduct local government elections.
Caretaker chairmen
The governor after swearing in the newly appointed caretaker committee chairmen in the Government House on Wednesday, charged them to eschew violence, maintain the peace, and be guided by the Constitution.
Fubara also directed the Auditor-General of Local Governments to commence an immediate audit of the accounts of the 23 councils, adding the new appointees could operate from anywhere
He said that the swearing-in of the chairmen would ensure seamless administration of local governments following the expiration of the tenure of elected chairmen and councillors in the state.
He warned them against any form of confrontation, insisting that such was not in his nature and style but advised them to be law-abiding as they take full control of the local government councils.
He said, “Whatever happened yesterday (Tuesday), I know and the world knows that it is not from you people. Some people caused it. So, let us not allow them to continue to make our state look bad in the comity of states.
“So, when you go back, if there is any situation, you should be law-abiding. I don’t want any confrontation. You can operate from anywhere for now. But the most important thing is that you have the control of the local governments today.”
Fubara defends appointments
Defending the appointment of the caretaker chairmen, he stated, “What is happening here now is a defence of democracy. We will not allow the wrong precedent to be created in this country.
“It is not about Rivers State. It is not about Fubara. But if in any way this attempt at tenure elongation succeeds in Rivers State, it becomes a norm in Nigeria.
“So, we have taken it upon ourselves to say, not on our watch will it happen because it is completely alien to the Constitution of the Federal Republic of Nigeria.”
Fubara wondered why the tenure of elected officers would expire, and they would want to perpetuate themselves in office against their oath of office and the provisions of the Constitution of Nigeria.
The governor said such insistence to elongate the tenure of council chairmen would not happen in the state.
He pointed to the importance of knowing how the finances of the 23 Local Government Councils were managed in the last three years and directed the Auditor-General of Local Governments to begin auditing the accounts and make the report available within the next month.
He urged the new chairmen to ensure payment of the outstanding financial benefits and entitlements, including salaries of the immediate past chairmen, vice-chairmen and councillors.
He added, “I am not of the class to say that because something happened, you should maltreat them. No. Whatever is their entitlements, ensure that they get them.”
Fubara instructed the caretaker chairmen to work hard to ensure that there was no breakdown of law and order in their various council areas.
He added, “Please, I want to appeal to you that when you go back, I don’t want a crisis. Just manage the situation as much as you can. God does not start and end halfway. That is the truth. Since God has started with us, He will complete His work in our lives.
“I don’t want any fight. I don’t want any life to be lost because it does not earn me anything. We know that we can overcome, and we have been overcoming.”
Reiterating that the caretaker chairmen would soon leave office, he said, “Let me also sound very clear here that your tenures are not going to be too long because as a matter of fact before the end of today or tomorrow, there should be a process for the commencement of elective local government chairmen in our dear state.”
Earlier on Wednesday, the Victor Oko-Jumbo-led State House of Assembly loyal to the governor had during plenary screened and confirmed the nominees,
The list of seven-member nominees per local government council was forwarded to the Assembly under Section 9 (5) of the Rivers State Local Government Law No. 5 of 2018, for screening and confirmation.
Secretariats shut
One of our correspondents who went round the state reported that the LG secretariats of Port Harcourt City, Obio/Akpor, Ogu/Bolo and Ikwerre and other council headquarters across the state were under lock and key with police patrol vans stationed and fierce-looking operatives.
The caretaker Chairman of the Ikwerre LGA, Dr Darlington Orji, said he was not able to access the council following the barricade mounted by the police. He, however, said he had assumed duties and could control the council affairs from anywhere.
Orji stated, “The police have taken over the place. When the police have taken over the place, what do you expect me to do?”
When asked if had started work, he responded in the affirmative.
Also, the caretaker Chairman of the Ogu/Bolo LGA, Evans Bipi, who could not access the secretariat, inaugurated other committee members outside the council secretariat and charged them to serve with diligence and honesty.
He said although the council was shut, he had assumed duties.
One of our correspondents observed on Wednesday that the Federal High Court along Azikiwe Road and the State Judiciary complex housing the State High Court were locked, although no reason was been given, but it might be due the tension in the state.
Speaking to the correspondent on the development, the state Commissioner for Police, Olatunji Disu, said the LG council headquarters would remain shut for the time being due to the clash between the feuding parties.
Disu stated, “It is because two groups are fighting over something. Two groups are fighting over it. The other group is waiting to tackle them. We have to prevent them from clashing and killing one another like they did yesterday (Tuesday) and killed a policeman and one other person.
“So we have to prevent them from going in. We have locked up the local government secretariats. If we allow them (caretaker chairmen) to go in, other people will come out and clash. Then people will ask what are we doing as police officers?
“We are here to prevent a breakdown of law and to protect lives and property. So we know definitely if there is a clash, anything can happen. So we are doing our jobs of protection of lives and property.”
On why local government workers were not allowed into their offices, he said, “For the time being nobody should come in. If we allow local government workers to come in, others will sneak in. So it will still boil down to the same thing. How do we sit and those who are not workers sneak in?
“So it is better we lock up the place and ensure that there is peace. And that is exactly what we are doing.”
State of emergency
Meanwhile, the All Progressives Congress in the state has called on the Federal Government to declare a state of emergency in the state, saying the governor and the police are helpless over what it termed ‘war in the state.’
The state APC Caretaker Committee Chairman, Chief Tony Okocha, while briefing newsmen at the party’s secretariat in Port Harcourt on Wednesday, said, “I have been informed that the federal and state high courts cannot sit because of palpable fear. Young men are brandishing all manner of guns, so we are in trouble in the state. We are in a state of war.
“It is because the governor is un-teachable and he does not listen to counsel, even the counsel of the President. The APC in Rivers State is asking and demanding a state of emergency. That is the way it is so that you and I will live in peace. I say so because it will be too late to cry when the head is cut off.
“The Federal Government should do what it should do to ensure that this state of anarchy we are heading to, does not degenerate for us to be seeing fire everywhere.”
Noting the importance of the state in terms of the economy of Nigeria, he said the country would be in trouble if there was anarchy in the state.
But in a swift reaction, the state Commissioner for Information and Communications, Joseph Johnson, faulted the APC’s call for emergency rule, saying Okocha’s comments were not worth responding to.
Johnson stated, “On Tony Okocha I don’t think that what Okocha said is worth giving any attention. We should not break our heads over what Tony Okocha said.
“The other time he said there was a cholera outbreak. When the medical personnel visited the place they said there was nothing like that. Another day he (Okocha) said he was welcoming members of the House of Assembly who defeated the APC. What is the position today?
“He also said that he was going to ask the members of the House of Assembly to commence impeachment of the governor, what is the position today?”
On the police refusal to allow the CTC chairmen access to their various councils, the commissioner said,” I am not in a position to speak for the caretaker committee chairmen.
“I am the Commissioner for Information in Rivers State and I can only speak for the state government. The caretaker committee chairmen are in a better position to speak on the matter by themselves.”
But the Deputy National Organising Secretary of the APC, Nze Chidi Duru, faulted the call by the state chapter that President Bola Tinubu should declare a state of emergency in the state.
Duru, in an interview with The PUNCH on Wednesday, explained that there was no justifiable reason to drag the President into the crisis.
According to him, the matter is still within the purview of the law enforcement agents.
He said, “This is my personal view. This is something that lies within the purview of the law enforcement agents and Mr President cannot be dragged into matters such as this. Truly, we are in a democracy. What underpins democracy essentially is the rule of law, procedure and obedience to the relevant orders of the court
“So, Mr President cannot be dragged into isolated issues or issues that have to do with the functionalities of states such as this. That is my view.”
Meanwhile, the Inspector General of Police, Kayode Egbetokun, has ordered a thorough investigation into the killing of the police officer and a vigilante operative in the state.
He also directed the probe of the general violence which erupted in the state.
During a clash between supporters of Fubara and Wike on Tuesday, in Port Harcourt, a policeman and a vigilante were killed.
The Force Spokesperson, Olumuyiwa Adejobi, in a statement on Wednesday, said the IG directed the Rivers Commissioner of Police, Olatunji Disu, to heighten security measures across the state.
The statement reads, “The Inspector General of Police, Kayode Adeolu Egbetokun, condemns in the strongest terms the recent outbreak of violence and subsequent breakdown of law and order at various local government council secretariats in Rivers State, where supporters of two political factions clashed over the tenure of local government council chairmen, which unfortunately led to the tragic deaths of a Police Officer – Inspector David Mgbada, and Samuel Nwigwe, a vigilante member at Eberi-Omuma in the Omuma Local Government Area.
“In response to these heinous acts, the IGP has directed the Commissioner of Police in Rivers State, CP Olatunji Disu, to heighten security measures across the state and institute thorough investigations into the killing of the police officer and the vigilante operative, as well as the general violence which erupted in the state.”
Adejobi said Egbetokun also deployed operatives of the Force Intelligence Response Team to assist the Rivers State Command in apprehending the killers of the police officer and the vigilante member.
“The IGP has specifically deployed operatives of the Force Intelligence Response Team (IRT) to assist the Rivers State Command in apprehending the killers of the police officer and the vigilante member.
“The IGP seriously warns individuals and groups of people who have a penchant for senseless attacks and mindless killings of police officers and other security operatives across the country to desist forthwith as the fullest force of the law will be meted on them.”
In a related development, the Peoples Democratic Party has alleged that there is a plot by the APC to take over the state, saying the plot has failed.
The PDP National Publicity Secretary Debo Ologunagba, while responding to a call for a state emergency by the Rivers State APC, called on the Federal Government and the APC’s national leadership to immediately intervene and advise Okocha (the state APC chairman) to cease his actions as they posed a threat to democracy and stability in Nigeria.
The statement read in part “The attention of the Peoples Democratic Party has been drawn to yet another hallucinating press conference by the Rivers State Caretaker Chairman of the All Progressives Congress, Tony Okocha wherein he again fantasized that the will of the people of Rivers State as expressed in the governorship election which produced Governor Siminalayi Fubara can be upturned by the imagination of the APC.
“This reckless outburst by Tony Okocha further exposes the sinister plot by the APC in Rivers State which has been seeking ways to instigate crisis, forcefully overthrow a democratic order and impose an anti-democratic regime in Rivers State in clear violation of Section 1 sub-section 2 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).
“The use of the word ‘war’ by Mr Okocha in his statement clearly shows an evil intention which has been firmly resisted and will continue to be resisted by the people of Rivers State.
“The APC in Rivers State should note that its malevolent scheme to instigate crisis and forcefully take over the state has failed. Rivers State is a stronghold of the PDP and the people are solidly behind the Government of the PDP in the state.”
[Punch]
As the nation awaits President Bola Tinubu’s executive bill on new minimum wage to the National Assembly, a host of states may need a bailout or retrench workers to be able to pay the N62,000 being proposed by the Federal Government and Organised Private Sector, OPS.
Although most of the states have been getting more allocations since the removal of the fuel subsidy in May 2023, sources told Vanguard that the increment was paltry and not enough to sustain payment of N62,000 minimum wage.
Meanwhile, the Organised Private Sector, OPS, yesterday said there was nothing like agreement in the just concluded meeting of the Tripartite Committee on the New National Minimum Wage but an alignment of interest.
This is coming as Governor Nasir Idris, of Kebbi State distanced himself from governors who gave hint of inability to pay N62,000 minimum wage.
This is even as Senator Ahmed Wadada, SDP, Nasarawa West, urged President Tinubu to approve at least N150,000 as the new minimum wage.
Currently, no fewer than 20 states are not paying any wage award to their workers to ameliorate the hardship occasioned by fuel subsidy removal, in spite of President Tinubu’s plea to them to emulate the federal government that is paying N35,000, in addition to the N30,000 minimum wage.
Lack of funds
Lack of funds, sources said, was the reason most of the governors are foot-dragging on the new wage negotiations, which they didn’t take active part in.
According to data on federal allocations to states before and after subsidy removal in May 2023, most of the states received between 20 and 25 per cent increment in allocations, while some others conversely, received less allocations.
The states’ gross allocations include revenues from statutory allocation, Value Added Tax, VAT, electronic money transfer levy, EMTL, Exchange Gain, and Augmentations as of when subsidy regime was in place and the non-subsidy regime in 2023.
Paltry increment in allocations
Indeed, the 36 states received N2.188 trillion from January to June 2023 before subsidy removal; and N2.305 trillion from July to December 2023 after subsidy removal. The increment is just N116.79 trillion (five per cent).
Lagos State got a 28 per cent increment in allocation. It got N130.55 billion between January and June 2023, and N167.68 billion between July and December 2023. Anambra’s increment was 16 per cent; Ondo (three per cent), Edo (four per cent), and Imo (13 per cent).
Ondo got N56.5 billion/N58.2 billion. Anambra was N46.6billion/N53.6 billion; Edo N57.5 billion/N49.97 billion; and Imo N47.08 billion/N53.4 billion.
States that received less allocation after subsidy removal were Akwa Ibom (33 per cent), Delta (26 per cent), Bayelsa (20 per cent), and Rivers (12 per cent). Akwa Ibom got N185.6 billion before subsidy removal and N125.3 billion after. Bayelsa received N138.6 billion/N110.9 billion. Delta got N244.6 billion/N180.7 billion; and Rivers received N173.6 billion/N153.1 billion.
Akwa Ibom, Bayelsa, Delta and Rivers states received more allocation at the first half of the year when compared to the second half of the year of non-subsidy regime due to increase in the 13% derivation at the first half of the year and reduction in 13% derivation at the second half of the year.
Why states may have issues paying
Arguing that most states would have issues paying N62,000 as minimum wage, a governor said: The issue is not about the Federal Government, which Labour makes it look. What is being negotiated is a national minimum wage, not a federal government minimum wage for its workers.
“A national minimum wage affects states, local governments and private sector employers, especially SMEs and MSMEs. The first consideration in wage negotiation is affordability and ability to pay. Can states, local governments and private sector employers afford to pay?
“It means states and local governments will spend all their federal allocation and internally generated revenue and even borrow to pay their workers who are less than one per cent of their population. What will they spend on the rest of the citizens in the 36 states who need education, good roads, healthcare, security etc?
“There is need to consider the consequences on the economy, inflationary trend and possible layoff of workers if NLC/TUC blackmailed the government to agree on a minimum wage that is not realistic and sustainable.
‘’There is a general consensus that minimum wage should be increased but it has to be within a realistic band of what all parties can pay. That is why the private sector and government are offering N60,000.”
Idris distances self from unwilling govs
However, Kebbi State governor, Idris, in an interview with the British Broadcasting Corporation, BBC, said he was not aware of any meeting where governors made their stand known on the disputed N62,000 minimum wage.
The former unionist wondered when the meeting was held because he is a member of the negotiating committee and had been mediating between the federal government and organised labour on the minimum wage issue.
“I was not part of the meeting if it was even held and I will not be part of those who will not pay the agreed minimum wage. Like I did say at different public fora that I will pay the agreed amount, I stand by that.” he said.
He explained that, as a crusader for workers welfare and better pay, he would not abandon his people in these trying times, adding “as a member of the tripartite committee, I will continue to negotiate in favour of Nigerian workers.”
While urging both the federal government and organised labour to shift grounds to reach a common, acceptable and sustainable living wage, he pledged to implement the agreed sum to Kebbi workers.
No agreement, but alignment of interest — OPS
Meanwhile, the OPS has said that alignment of interest was reached at the just concluded meeting of the minimum wage tripartite committee and not agreement.
Spokesman of the OPS and the Director-General of the Nigeria Employers’ Consultative Association, NECA, Wale-Smatt Oyerinde, at a forum with Labour Writers Association of Nigeria, LAWAN, in Lagos, also diclosed that OPS was pushing for the new minimum wage to cover employers with 200 employees and above, against 2019 Minimum Wage Act that covered employers of 25 employees and above.
According to him, OPS is made up of different sectors with the Small and Medium Enterprises, SMEs. Some are paying N35,000 as the baseline, and the big ones are paying about N70,000 or N75,000.
He said it would be unfair to legislate that these SMEs pay N62, 000 for instance, adding that explained the reason OPS was pushing that the new minimum wage covered only employers with 200 employees and above.
This, according to him, is to protect the SMEs., which are the highest employers of labour and backbone of every economy. ‘’They need protection. If you kill the SMEs, you will probably kill the economy,’’ he said.
Betrayal of Labour
Speaking on the alleged betrayal of organised labour during the negotiations, he said: “To the contrary, there was no agreement reached by the committee but an alignment of interest. What the committee sent to President Bola Tinubu was a recommendation, not an agreement.
‘’Agreement connotes a gang-up. There was nothing like that. We made a recommendation to the President who set up the committee to now decide or determine the figure he should send to the National Assembly to legislate on.
‘’If anybody is not satisfied with whatever figure Mr President sends to the National Assembly, such a person or group can go to the National Assembly during the public hearing to make his or her case. The figure rests squarely with the President. The issue here is about affordability.”
The NECA DG noted that the long-term objective of the OPS was to protect labour because the more OPS employ, the more labour becomes bigger, warning that “but the more we retrench, the more labour becomes weaker as they would lose both their members and prospective members.”
He added that Nigerians must know that there was a big difference between a minimum wage and a living wage, as “what we are talking about in Nigeria is a minimum wage and not a living wage.
‘’The ILO just in March this year agreed on a living wage. The next is to make it a convention before we can be talking about a living wage.”
Wadada seeks N150,000
However, Senator Ahmed Wadada has called on President Tinubu to approve not less than N150,000 as new minimum wage for Nigerian workers.
Wadada made the call in an interview with newsmen in Keffi Local Government Area of Nasarawa State late Tuesday. The lawmaker noted that the current realities of the Nigerian economy informed his decision to propose the figure which will go a long way in alleviating the hardship faced by workers.
“I have expressed my opinion in the past on the issue and I am going to reiterate it here. For me as a person, the minimum a worker should earn is N150,000, looking at the realities of today,” he said.
Lawmakers’re willing to make sacrifices
He said he and other lawmakers were willing to make sacrifices in terms of reduction of their remunerations and allowances just to ensure Nigerian workers earned decent monthly salaries.
Wadada, who expressed confidence in the administration of President Tinubu, described it as an open, transparent and a listening government that would come up with a figure acceptable to workers.
“At worst, it should be higher than what the government is currently offering,” he said.
[Vanguard]
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The immediate past member representing Oredo Federal Constituency at the House of Representatives, Hon. Ogbiede Ihama Omoregie, has been expelled from the Peoples Democratic Party (PDP) for anti-party activities.
He was expelled by Ward 2 Oredo Local Government Area (LGA), following the resolution of an enlarged meeting by the ward members and executives, held on Airport Road in Benin City, the Edo State capital.
Reading the resolution, the Chairman of PDP Ward 2 in Oredo, Lawrence Aguebor said the expulsion followed the suspension of Ogbeide Ihama by the ward executives and critical stakeholders of Oredo Ward 2, who met on 3rd of May 2024, and suspended the ex-Rep member for 30 days after which a disciplinary committee was set up.
He explained, “The committee wrote him letters and called him on the phone and sat five (5) times and Ogbeide Ihama Omoregie failed to appear before them.
“Today, we have received the report and recommendations of the committee and the committee has recommended the expulsion of Hon. Ogbeide Ihama Omoregie from PDP. The offenses of Hon. Ihama for which he now stands expelled are captured under section 58 (1) a, b, d, e, f, h, l, j, l. With the expulsion of Hon. Ogbiede Ihama Omoregie, members of the general public are to cease and desist from doing any business that has to do with the PDP with him.”
The ward party members also put his expulsion to a voice vote with all members backing his expulsion from the party.
On his part, the Special Adviser to the Edo State Governor on Political Matters, (Oredo) Hon. Victor Enoghama, said the suspension and expulsion was long overdue.
He noted, "Hon. Ogbeide Ihama Omoregie has donated his building at Ring Road by Sakponba Road Junction to the All Progressive Congress (APC) to be used as campaign office for the 2024 September 21st governorship election in Edo State.
"His suspension is long overdue. Let him join the APC family as we can’t allow him to be in PDP and fraternize with the APC.
Enoghama further charged, “We also call on the ward of the former deputy governor to follow suit and expel Comrade Philip Shaibu from the PDP, also for anti-party activities.
“He is carrying out anti-party activities. He has also donated his campaign office at Airport Road with vehicles to APC for the Governorship election on September 21st, 2024. He can't be in PDP and be supporting APC.”
Local Government Review Committee (LGRC), members under Ogun Covid-19 Action Recovery and Economy Stumulus (OG-CARES), have been trained on project documentation preparation for the next phase of disbursement for the execution of developmental projects.
Speaking at a-day training programme organised by the Community and Social Development Agency in Oke-Mosan, Abeokuta, Commissioner for Finance and Chief Economic Adviser in the state, Mr. Dapo Okubadejo highlighted the efforts ofthe state government to check the negative impact of COVID-19 at the grass roots.
Represented by the Senior Special Assistance to the Governor on Development Partner Coordinator/Coordinator OG-CARES, Mr. Bayo Adenekan, charged the participants to cooperate and support the community for the documentation of the project to be executed within the community, imploring them to be proactive and expidite action in the execution of the project in their communities.
"We should not be foot dragging with the implementation of the project as Ogun State is one of the best when we talk of the provision of social infrastructure for its citizenry, let us do our bits. This is a very salient assignment we need to do, so as to achieve and make this a success,"he said
Also speaking, the acting General Manager, CSDA/Project Manager OG-CARES, Mr. Rahman Adelaja in his earlier remarks, appreciated the state government and the World Bank for having the interest of the masses in the project implementation and execution.
He urged members of the LGRC to cooperate with the community members when need arise, especially for proper documentation and implementation of the project to be executed in the communities of their various local governments.
Responding on behalf of the LGRC members, Mrs. Koleade appreciated both the World Bank and the State government for the provision of infrastructural facilities to their communities, promising their cooperations for the success of the project.
Nigeria’s capital, Abuja, and its commercial hub, Lagos, have been ranked as the first and second cheapest cities for expatriates to live in Africa for 2024, according to Mercer’s Cost of Living rankings.
The report highlights the cost of living is a crucial consideration for expatriates when selecting a city for relocation, as it impacts their quality of life and financial stability.
The findings attribute the affordability of these cities to currency depreciations, which have significantly reduced the cost of living for international assignees.
Blantyre in Malawi comes third on the list while Durban in South Africa and Windhoek in Namibia comes fourth and fifth respectively.
Here is a list of the top 10 cheapest cities to live in Africa with their global rank
1. Abuja, Nigeria
2. Lagos, Nigeria
3. Blantyre, Malawi
4. Durban, South Africa
5. Windhoek, Namibia
6. Gaborone, Botswana
7. Lusaka, Zambia
8. Tunis, Tunisia
9. Cape Town, South Africa
10. Johannesburg, South Africa
[TheNation]
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, has confirmed the detection of an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State.
AEEPCO, in a statement on Wednesday, noted that its Oil Spill and Emergency Response Team was immediately activated and all production from OML 29 were shut down as a precautionary measure to mitigate the impact of the incident.
“This is a precautionary measure while mobilising additional resources to contain the spill. The cause of the spill is currently undetermined. However, we are proactively engaging with stakeholders to mitigate the immediate effects,” the statement added.
Commenting on the incident, AEEPCO’s group managing director, Victor Okoronkwo, said: “During our operations on Monday, June 17, 2024, the subject leak was detected. A Joint Investigative Visit (JIV) with stakeholders has been initiated to determine the cause of this incident.
“While we regret the production losses to the Joint Venture and the nation and the potential environmental impact, our current priority is to expedite an efficient spill management process in line with regulatory standards and collaborate with all stakeholders to restore production and mitigate associated risks.”
[Leadership]