•96 hours of horror, 85 seized

•How security was breached at Army Estate, lawyer’s wife, in-law abducted …captors demand N30m ransom

 

 

 

Beneath the veneer of development and progress, modern infrastructure, serene environment and bustling streets, which also, ultimately, stand as a symbol of national pride, the Federal Capital Territory, FCT, Abuja, is experiencing a new wave of terror that is shaking the city to its foundation.

Sunday Vanguard reports that, in recent months, Abuja has been plagued by a series of abductions.

The kidnappers target children, youths and families, causing panic and pain among residents.
They appear well-coordinated, operating in broad daylight, often at busy intersections or near public places such as markets and schools.

They also carry out their operations at night.

The breakdown of those abducted by the bloodthirsty terrorists indicates that between Thursday, January 4 and Sunday, January 7 (96 hours), a total of 85 persons were allegedly abducted.

And penultimate Thursday alone, 22 people were said to have been kidnapped in Kawu village, Bwari Area Council.
Recall also that on January 7, daredevil gunmen invaded Sagwari Layout Estate, Dutse, Abuja with sophisticated weapons and abducted at least ten persons.

Days later, reports said the terrorists may have killed three of the victims in their custody to send a strong warning to their relatives negotiating ransom.

 

Reports also said the assailants had increased the N60 million per person ransom they were demanding to N100 million.

One of the recent incidents is the abduction of six sisters and their father in the Bwari Area Council of the FCT by bandits on January 13, 2024.

The killing of Nabeeha Al-Kadriyar, one of the girls, has generated anger among Nigerians.

The sisters were among the 23 others abducted by the bandits who reportedly also killed a policeman and injured another one during the attack.

One Folorunsho Ariyo was killed alongside Nabeeha by the hoodlums and their corpses and two other unidentified bodies were reportedly dumped around a former military checkpoint behind Idah Junction along the Bwari-Jere SCC Road in Kagarko Local Government Area of Kaduna State.

 

Latest attack

Barely a week after, Sunday Vanguard reports that, on Thursday morning, two persons were, again, abducted after kidnappers invaded the Nigeria Post Army Estate, Kurudu, Abuja, taking away a woman, her driver and house help, after shooting her husband.

According to the wife of a retired general who preferred anonymity and lives in the estate, the incident occurred at the Phase II area of the estate occupied mainly by retired and serving military personnel.

She explained that the kidnappers sneaked into the estate, took away the woman identified as the wife of a lawyer, Mr Cyril Adikwu, her driver and house girl.

Narrating the incident, a neighbor of the victims, name withheld, said that when she heard gun shots at about 9.38pm she knew something was wrong.

 

“When I heard gunshots, I knew something was wrong. So, I went to my gate and ensured it was properly locked”, the eye witness said.

“Hardly had I done that when I heard other gun shots, this time in the house of my neighbor, lawyer Adikwu.
“We alerted the estate’s management and immediately, soldiers emerged, shooting and advancing towards Adikwu’s house, but before they could arrive, the kidnappers had vamoosed with their captives”.

Sunday Vanguard gathered that the kidnappers entered Adikwu’s home when their driver was returning from an errand.
According to the source, as the house girl opened the gate for the driver, about six heavily armed men walked in and surrounded them.

They went into the living room, shot at Mr Adiukwu, before taking away his driver, house girl and wife, who was watching television with her husband in the living room.

Sympathizers who gathered after the incident thought Adiukwu was dead but he explained that the bullet fired at him miraculously hit the pillar, thereby saving him and that his attackers must have thought they killed him.

It was further gathered that the kidnappers have contacted the family, demanding N30m ransom while security agencies have swung into action aimed at rescuing the abductees, unhurt.

The source attributed the kidnappers’ successful entry into the estate to the activities of people she described as illegal land sellers in the area, who she alleged sold other pieces of land adjacent, thereby making fencing impossible at one end.

She said part of the estate was not fenced, contrary to the original plan and that the kidnappers disappeared through that unfenced part.

Other residents, who spoke to Sunday Vanguard, said they were traumatized by the incident because, according to them, they could not sleep for the rest of the night, for fear that the kidnappers may return to abduct more people.

They called on the FCT Development Authority, FCTDA, to re-visit the Abuja Master Plan and cut off any illegal extension preventing the fencing of the property.

Efforts to speak to the FCT Police Command proved abortive at press time.

Uniform

This was also the case when residents of Dei-Dei town located off Kubwa-Zuba Road, under Bwari area council in Abuja, were thrown into shock recently following the abduction of over 23 residents of the community, mostly taken from three housing estates in the area.

Sunday Vanguard gathered that the kidnappers, said to be mostly in military uniform, arrived at the livestock layout area located on the edge of the popular Abuja livestock market, Dei-Dei, around 8 pm and carried out their operation quietly.

Barely 48 hours after, two children and nine adults were taken away by kidnappers at Gbaupe village, behind Aco Estate along Airport Road in Abuja.

The spate of kidnappings led members of the Middle-Belt Youth Forum in Abuja to protest.
On their part, some residents, who spoke to our correspondent, voiced their growing concerns over the alarming rise of kidnappings in Abuja.

Lamentations

A tech expert, Smith Ujah, while blaming government for the unsavory situation, said: “This government can’t even secure the life of its citizens. Take a brief moment and look at the hardship and killing of innocent people that is going on.”

A human right activist, Somto Okonkwo, on his part, said: “Abuja is not safe. Kidnappers, armed bandits and terrorists are on the rampage. Seven members of a family, including six girls, were said to have been kidnapped in their Bwari residence on January 13. The father was later released to go and get 60 million to secure the release of his children.

“He failed to do so, and the kidnappers killed one of his daughters named Nabeeha. But, his other daughters are still alive. The kidnappers have now increased the ransom money to N65 million and gave a three-day deadline. Failure to raise the money and another person will be killed.”

Another resident, Chris Ani, said: “This kidnapping news is paining me to my bones

What level of irresponsible government do we have in this country? Abuja ought to be the safest city in this country especially for housing the federal capital. God have mercy on Nigeria.”

Expressing frustration over the security situation in Abuja, a Zuba based trader, Mr. Ahmed Usman, said: “It’s terrifying to think that you or your loved ones could be snatched away at any moment. Abuja used to be a safe place, but now it feels like we’re walking a tightrope.

“I can’t even let my children play outside anymore. It’s heartbreaking to witness this decline in safety and security in our once peaceful city.”

A teacher, Mrs. Rebecca Akintola, also speaking, said: “The increasing cases of kidnappings are truly horrifying and deeply concerning. It’s heart-wrenching to hear about innocent individuals, especially children, being taken away from their families and subjected to such unimaginable trauma.

“As these incidents continue to rise, it becomes paramount for our society to prioritize safety measures and put forth collective efforts to combat this heinous crime.”

Mr Joel Adewale, a civil servant, said his daughter was attacked recently on her way from Wuse to Gwagwalada.
According to him, the daughter was taken to a lonely road off Airport Road before being dispossessed of her belongings.

Adewale added that the girl was forced to put a call across to him to transfer money to her account, which was removed using a PoS machine by the criminals.

“It was more like a case of kidnap for ransom, but I was lucky to have my daughter back after parting with N150, 000,” he added.

Another school teacher, Beatrice Odeh, said: “This horrible, ugly and terrifying word, kidnapping, has become a common word in almost every household in many communities in Nigeria and FCT is not an exemption.

“This ugly incident happens on a daily basis and it’s so worrisome that things continue as if nothing is happening; only affected families bear the ordeal helplessly.

“Unfortunately, the Federal Government that claims to have the citizens’ interests (security of lives and property) seems not to be aware of anything happening around them at all”.

Also speaking, the Gbaupe village head, Chief Danjuma Gejere, said the insecurity situation in the area was getting worse, adding that the community had seen little or no intervention from government.

“I am very worried because as a leader I am answerable to my people and what has just happened is not good”, he said.

“Kidnapping in the FCT? It is troubling. The sad thing is that we have seen little government effort in this area of Gbaupe and I am calling on the Minister of Abuja who I know is a good man to step into this situation and bring security to our people.”

CSOs, stakeholders react

Former spokesman for the Atiku Abubakar Campaign Organisation, Mr Daniel Bwala, called on President Bola Ahmed Tinubu to constitute a Security Advisory Council to curb the growing insecurity in the FCT and Nigeria as a whole.

His words: “It’s about time in my view that Mr. President should look at how to establish what I call the National Security Advisory Council, which will consist of retired or serving heads of the security and intelligence platforms, that is, the police, DSS, NIA, Defence and the rest, who will do out-of-the-box thinking because doing one thing over and over and expecting a different result is madness.”

A former senator from Kaduna, Shehu Sani, also said the deterioration of security in parts of Abuja is a direct result of the security situation in the states around the FCT.

He said: “The deterioration of security in parts of Abuja is a direct result of the paralysis of the security situation in the states around Abuja. Abuja cannot be immune as long as its neighbours are infected.”

On his part, the founder, Connected Development, CODE, Hamzat Lawal, alleged that part of the reason for increased kidnapping incidents in Abuja was because the FCT Minister, Nyesom Wike, has a divided attention between being the Minister of FCT and partisan politics in Rivers State.

Lawal, therefore, urged the Minister to call on all security heads to chart a way towards ensuring sustainable security of lives and property in the nation’s capital.

He said: “I think that we have an FCT Minister that is heavily distracted by the politics of Rivers State.
“Abuja is a city and, as a Minister, he is the mayor and the chief executive of Abuja, and, I think, this calls for immediate action and attention where the Minister should call all the security heads from NSCDC to the police and other arms of the security community and also traditional and religious leaders within the metropolis and I also think that this is a high security alert and a call to the police.

“We’ve not had this bad in the FCT. You know this used to be a safe haven. They need to take us back to that and do even much better.”

Porous borders

Speaking about the depth of insecurity in the nation’s capital, the Director General, Coalition of Nigeria Youth on Security and Safety Affairs, CONYSSA, Ambassador Ade Mario Emmanuel, said part of the reasons insecurity thrives in the nation’s capital is because of her porous borders.

Emmanuel tasked the Federal Government to increase the number of security personnel in the FCT and tighten the security at the borders.

He said: “Insecurity in FCT is under reported and why it is under reported is because of the need not to put residents in fear.

“From that end, it was advisable that some of the security challenges and security happenings within FCT should be underreported.

“But, be it as it may, the security agencies in FCT must understand that if there is no proper security in the local communities and local borders that surround the FCT, automatically FCT is very porous.
“If Gwagwalada is not well secured, bandits, kidnappers will keep coming into the FCT and kidnap and go successfully free.

“If the security of Kuje is not properly checked, it automatically means that criminals will enter the FCT and go successfully.

“So, all these local communities should now be a serious focus because these are the hideouts of these criminal elements.

“We are calling on the Nigerian government that it is high time for the Bill on Peace Corps should be taken with seriousness because there is shortage of manpower within the security architecture of the country.
“So, we are saying that security agencies are doing their best but they don’t have that strong manpower to curtail what is happening.

“Also, let a body be constituted to bring all heads of youth organizations together to bring a kind of holistic approach to the fight against crime.”

Poverty

Speaking on why kidnapping has remained a moving business in Nigeria, particularly in Abuja, the Executive Director, Resource Centre for Human Rights & Civic Education (CHRICED), Comrade Ibrahim M. Zikirullahi, said: “We are living in the era of insecurity in Nigeria and there’s no sign that it will abate soon because what really drives people into crime is poverty, unemployment and lack of good governance and all these are all in place and, therefore, you have the mass population of people that are unemployed.

“Able-bodied men and women all over the country are not productively engaged; then even the little means of survival that the people live on has been completely taken away from them by the so-called removal of fuel subsidy and lack of basic facilities for the people.

“So, Abuja’s case became very pronounced because it is the capital of Nigeria and then it is also believed that most of the richest men and women in Nigeria reside in Abuja and, therefore, it is easy for whoever that is kidnapped must more or less be someone of affluence that could easily pay ransom. That is why Abuja case became worrisome.”

On the way forward, he said: “I think the only way we can overcome these challenges is when governance is situated in such a way that the people that are meant to benefit from the governance system benefit and that is by providing employment, ensuring that both the young and the elderly are taken care of and then having the right policies in place that really shake corruption, not what we have today.”

Shedding light on the development, the Managing Director, Beacon Security, Dr Kabir Adamu, noted that the FCT security department had failed to put in place efficient and effective security management systems.

“In simple terms, the FCTA, especially its security department and the FCT security committee, has not put in place an effective and efficient security management system that is a combination of people, technology, and systems with the ability for proactive and reactive security including the elements to deter, detect and to delay threat actors”, Adamu said.

“The other elements are the ability to respond, review and recover. These six elements have several components that failed when my consultancy did a desktop audit to determine the effectiveness and efficiency of the security management system in place in the FCT at the moment.

“To properly understand the context of my statement, it is important to situate the FCT, Abuja. It shares boundaries with four states that are all security-challenged. These are Kaduna, Kogi, Nasarawa and Niger States.

“All have threat elements including varied forms of non-state armed groups that have the capacity to use the forested and mountainous paths in the border communities of the FCT to these states to come in and attack innocent residents and escape back through the same routes,” he added.

[Vanguard]

 

The Trade Union Congress of Nigeria (TUC) has issued a stern warning about potential industrial action due to delays in establishing a committee to discuss the new minimum wage for public sector workers.

The Federal Government’s inertia in naming its representatives to the committee has been a primary cause for concern, particularly as labour unions have declared their readiness to commence negotiations.

This development comes amidst growing frustrations among workers grappling with the surging cost of living.

Since the removal of the fuel subsidy by the Federal Government, there has been a significant increase in the prices of goods and services, leading to rampant inflation.

The impact has been profound, with workers finding their current wages insufficient to cover basic needs.

In June 2023, a group of workers and labour leaders called for a substantial increase in the minimum wage, from N30,000 to N250,000, citing the dire economic situation.

This figure was later adjusted to N200,000.

The Assistant General Secretary of the Nigeria Labour Congress, Chris Onyeka, highlighted the plight of many workers who are struggling to pay rent and school fees for their children.

He also noted the dramatic 300% increase in transportation costs, forcing many civil servants to walk to work.

President, Asiwaju Bola Tinubu, had earlier pledged to prioritize the improvement of living conditions for Nigerians, with a focus on people-centric economic policies.

He assured that the national minimum wage would be reviewed to reflect the current economic realities.

Despite these promises, the hardship for Nigerian workers continues, exacerbated by soaring inflation.

The last minimum wage revision was on April 18, 2019, from N18,000 to N30,000. However, implementation has been uneven across the 36 states, with several yet to comply with the new minimum wage.

The then-Minister of Labour and Employment, Chris Ngige, emphasized the necessity for all employers in the country to adhere to this national law.

He mentioned that a committee was being formed to propose new wage adjustments for those earning above N30,000.

The TUC expressing its impatience with the government’s slow response, has threatened to launch a strike if the issue is not addressed with urgency.

The Deputy President of the TUC, Tommy Etuk, expressed dissatisfaction in an interview with Punch, stressing the overdue need for a new minimum wage, which was expected by April 2024.

The TUC and other labour organizations have already appointed representatives for the National Minimum Wage Review Committee, which is legally tasked with overseeing negotiations and advising the government on suitable wage rates in line with economic changes.

He said, “If there is no agreement on the minimum wage review, there’s nothing anyone can do. I assure you that it is a recipe for industrial disharmony. The government should inaugurate the committee and let it start work on time to see some grey areas where we can agree or disagree, and work in tandem with the principle of collective bargaining so that we can arrive at a collective agreement.

“We believe it’s the best option rather than waiting for the 11th hour to decide what to give to the organised labour. It will not work that way.”

Etuk added that the right thing for the Federal Government to do was to set up the National Minimum Wage Committee to oversee the modalities across the board.

He said, “The National Minimum Wage Committee should have been inaugurated because the task ahead is a difficult one. It’s not about getting the committee in place and there is a lot to be done. It is about the government to inaugurate the committee and appoint a chairman so that they can start work in earnest.

“April is around the corner, and if things are not done this January, things might get out of hand. This isn’t going to be a fire brigade matter like they always do.

“But I can assure you that the organised labour will not leave any stone unturned to ensure that the needful is done. Whether it is a delay strategy on the part of the government, or not, we have got to follow due process, because it is a matter of law.

“This is because it will go to the National Assembly and the President before it becomes a law.

“The government is conscious of this, and on our part, we’ve done what we should’ve done. It’s just for them to inaugurate the committee and the committee will start working.”

Etuk added that Tinubu seemed like a man who would not play with the welfare of workers since he had been talking about living wage before he became President.

Speaking on the living wage, Etuk said a lot of things must be considered such as transportation, housing, health and education.

He said, “These are critical components that will form the negotiation for minimum wage. With what’s going on now, it’s not even enough. In a month, a worker will spend not less than N70,000 on transportation. We’ve not even spoken of rent where a one-bedroom apartment goes for about N400,000.

“When you consider all these and look at the negotiation of the N200,000 minimum wage that was then. It’s no longer realistic to look at the inflation rate, which is 28.9 per cent as of today.

“Whatever is being given as minimum wage is to be consumed by inflation. Even the N200,000 being clamoured by organised labour, I don’t think that is the right thing to do. This wage doesn’t cover the National Health Scheme and you don’t expect a worker to die because of cancer or another life-threatening disease.

“These are the components that will form the discussion and engagement with the government on a minimum wage that will be measured.”

Etuk added that negotiations had successfully started across the 36 states for a living wage as a result of the removal of fuel subsidy.

He stated, “When it comes to the issue of palliative, it is to ensure that there is industrial peace and harmony, and also to stop the socio-economic challenges facing the workers. We believe that it is incumbent on the NLC and the TUC in the states to develop a strategy to engage the government to do the needful.

“Most of the state governors have been saying they’ve given palliatives in terms of an additional N10,000 every month, some said they’ve paid 13th month salary and also distributed grains.

“It is incumbent on every organised labour in the states to develop a strategy to engage the government to do the necessary things. We are also begging the Federal Government to live up to the memorandum of understanding they consciously signed on the payment of the N35,000 wage award. I can also assure you that the Minister of Labour recently acclaimed that they’re working on it and they know the implications.”

The Kaduna state government has confirmed that one person was killed while 10 others were killed in an explosion that rocked Kidandan community in Giwa Local Government Area of the state on Saturday afternoon.

Samuel Aruwan, Overseeing Commissioner, Ministry of Internal Security and Home Affairs, said in a statement on Saturday night, said one person had been confirmed dead while about 10 injured victims were receiving medical attention at the Ahmadu Bello University Teaching Hospital (ABUTH), Shika – Zaria.

Aruwan said “preliminary reports from the traditional institution and security agencies, one of the pupils learning under a local cleric picked up an object from the bush, which later exploded amidst his fellow pupils.”

He added that, “As of the time of this update, one pupil, Zaidu Usman, has been confirmed dead, while about ten injured victims are receiving medical attention at the Ahmadu Bello University Teaching Hospital, Shika.”

The statement said, “Governor Uba Sani, received the report with shock and sadness, and sent commiserations to the victims and their families, praying for the repose of the soul of the deceased, and a quick recovery for the wounded.

“The governor also appealed to parents and community leaders to increase their vigilance on the activities of their children and wards, given their susceptibility to various dangers.”

Aruwan said, ” The governor has directed the Ministry of Internal Security and Home Affairs to liaise with security agencies for an urgent investigation into the cause of the explosion to ensure the safety of residents, mobilize emergency support and ensure prompt medical attention to victims.

“Further updates will be duly communicated by the Kaduna State Government.”

The Asset Management Corporation of Nigeria (AMCON) has reignited its legal fight against the Mobil Workers Multipurpose Co-operative Society, Eket, Akwa Ibom State in a bid to reclaim a debt totaling N14,733,502,334.06.


In an amended statement of claim presented before a Federal High Court in Lagos by a Lagos Attorney on behalf of AMCON, the corporation revealed that it acquired the non-performing loan of the Defendant from the United Bank of Africa (UBA) Plc in 2012, exercising its powers under the Asset Management Corporation of Nigeria Act 2019.


AMCON alleges that prior to taking over the loan, the bank had granted a N7 billion Term Loan facility to the defendant for the personal needs of its members. The terms included the irrevocable domiciliation of monthly contributions and deductions by Mobil Producing Nigeria Unlimited, the parent company of the defendant.


The defendant, according to AMCON, accepted the facilities through its board resolutions in September 2007 and March 2008, making a complete drawdown of the N7 billion.

AMCON claims that the defendant failed to carry out the agreed instructions, leading to multiple defaults in monthly interest and half-yearly principal repayment.

The corporation is seeking a judgment of N14,733,502,334.06 against the Defendant and additional interest until the complete liquidation of the judgment debt.


The case is scheduled for hearing on February 19, 2024.

The Oyo State Government has approved the sum of 500,000 Naira as bursary allowance for indigenes of the state studying at Nigerian Law School campuses across the country in 2023.

According to an announcement by the Chairman of the Oyo State Scholarship Board, the bursary is part of the yearly package instituted by Governor Seyi Makinde since he assumed office in 2019.

 

The scholarship board has scheduled verification screening exercises for the law students to ascertain their eligibility. Students from the Lagos and Abuja campuses are expected on Wednesday January 24th while those in Kano, Enugu and Yenagoa will be screened on January 25th. Screening for Yola and Port Harcourt students comes up on January 26th.

 

The screenings will start by 10:00am daily at the Board’s conference room at the Ministry of Education headquarters in Ibadan.

The government advised members of the public, especially parents and guardians of the benefiting law school students, to take note of the screening dates.

 

About 500 students are expected to benefit from the 500,000 Naira bursary allowance this year.

The Nigerian National Petroleum Company Limited (NNPCL) has justified its involvement in the controversial $3.3 billion crude oil pre-payment loan it signed with the African Export-Import Bank (Afrexim-bank) last year.

In an interview with journalists, the Chief Corporate Communications Officer (CCCO) of NNPCL, Mr. Femi Soneye, explained that the deal christened ‘Project Gazelle’ – the forward sale of oil, which is the first of its kind to be facilitated by any government institution in Nigeria, was to ultimately provide dollar financing to the federal government.

Earlier in August, NNPCL had announced that it secured a $3 billion emergency loan from Afrexim-bank to stabilise the country’s volatile foreign exchange market.


The deal came over a year after the national oil company had similarly secured a $5 billion corporate finance commitment from the same Afreximbank to fund major investments in Nigeria’s upstream sector.

In late December last year, the federal government had announced receipt of $2.25 billion out of the $3.3 billion facility from the multilateral financial institution.

Afreximbank is the lead arranger of the loan, while some other sub-lenders included VITOL; Guvnor, one of the world’s largest energy trading houses by turnover; Sahara Energy Group; Oando and the United Bank for Africa (UBA), which chipped in $100 million.

However, while the loan attracted mixed reactions from Nigerians, especially over concerns about the implication of the facility for Nigeria’s oil production, the NNPCL Spokesman argued that the loan was needed as a short to mid-term solution to the foreign exchange shortage challenge currently being faced by the country.

Soneye added that Nigeria needed to urgently improve its foreign exchange position, pointing out that as of June 2023, the Central Bank of Nigeria (CBN) had over $6 billion of unmet obligations – forward contracts with third-party institutions that were past their expiry dates.


He explained, “NNPC Ltd entered into this arrangement to ultimately provide dollar financing to the federal government. It is a short to mid-term solution to the foreign exchange shortage challenge currently being faced by the country.

“Nigeria needs to urgently improve its foreign exchange position. As of June 2023, the Central Bank had over S$6 billion of unmet obligations – forward contracts with third-party institutions that were past their expiry dates.

“These unmet obligations have pressured the nation’s external reserves and resulted in a significant devaluation of the naira. The pre-financing arrangement allows the federal government to receive foreign exchange, in advance, to enable it to resolve its unmet FX obligations. These inflows of foreign exchange will ensure exchange rate stability and is an immediate quick-win available to the country.”

He further explained that forward sale contracts help resource-producing companies such as the NNPCL to deliver significant upfront funding for new projects before eventual production and export.

The NNPCL spokesman maintained that the funding available is used as investments in existing and prospective resources, adding that this could result in more oil and gas production in the country as new projects come onstream, and higher oil and gas exports, bringing in more dollars and foreign currencies.


He further argued that international banks have a track record of providing forward-sale financings, which brings new Foreign (FDIs) into the country.

With Nigeria having over 35 billion barrels of proven reserves that need to be exploited and produced, Soneye said a fraction of these prospective reserves could be used to raise the required funding.

With a forward sale financing, he noted that the country could securitise these proven oil reserves today, saying this improves foreign currency inflows immediately rather than having to wait for years.

“Also, by supporting more exports and bringing in overseas financing, forward-sale financing can significantly boost the availability of foreign currency for an oil/gas-dependent country. This improves the country’s ability to pay for imports and manage its overall economy.

“When exports finally start, the forward-sale investments are repaid using the money earned from those same exports. This improves the country’s balance of payments.

“The financing gives the government more stable and predictable oil earnings. This helps in planning budgets and managing foreign exchange reserves,” he noted.

On repayment of the Project Gazelle, he said up to 90,000 barrels had been earmarked for the purpose.


According to him, “the quantity of crude earmarked is sized to ensure that there is sufficient cash available for the repayment of the facility as and when due and ensure that the Borrower can also meet the other cashflow obligations, taking into consideration the expected future price of crude oil globally.”

Former Minister of Works and Housing, Babatunde Fashola, has disclosed that the only financial benefit he receives from the government is N577,000 monthly pension as a former governor of Lagos State.

He also said that he is not receiving billions of naira from the federal government as speculated by some Nigerians, after serving eight years as the minister.

Fashola said this on Saturday while appearing as a guest on Arise TV programme, ”Perspectives.’

When asked if there were financial benefits accrued to him as a former public servant, he said, “The benefit I get I think is N577,000 monthly pension from Lagos State. That’s all I get.

“So, in spite of all the stories that we got several billions of money (after leaving office), I’ve come out to deny that repeatedly. Well I don’t know how long it lasts, but all I know is that I get N577,000 per month consistently.”

When asked if there were other benefits from the federal government, he said “no.”

Responding to a question on if he could advise current public office holders, the former Lagos governor said he was not in the position to issue advice but admonished that they “should remain true and authentic” in their duties.

In September 2023, Fashola said he did not need to hold office for serving in President Bola Tinubu’s administration.

“I do not need a title to serve: the president can only appoint at least one minister, for example, from each state in which he has done that,” Fashola had said.

The All Progressives Congress (APC) said it has reviewed the Supreme Court judgement on the Kano State governorship election.

The party said it is taking steps to create a strong avenue that will unite its members and welcome new members into the party.

DAILY POST recalls that on Friday, the Supreme Court affirmed the election victory of Kano State Governor Abba Yusuf.

His earlier victory in the March 2023 poll, which had been overturned by the two lower courts, was unanimously reinstated by a panel of Justices led by Inyang Okoro.

The Supreme Court set aside the concurrent decisions of the two lower courts that had initially removed the governor from office based on allegations of irregularities during the disputed March 2023 election.

In a communiqué signed by the APC National Chairman’s Chief of Staff, Mallam Muhammad Garba, the party appreciated President Bola Ahmed Tinubu for his support and dedication to Kano State and the APC family.

The party acknowledged his commitment to the progress and development of the party in the state and the country as a whole.

Mallam Muhammad Garba, speaking on behalf of the party, stated that the stakeholders’ meeting had resolved to keep the doors of the APC in Kano open for hundreds of new members willing to join.

He added that the party is actively seeking to attract new members, both at the group and individual levels, owing to the good governance and promises of the party.

Garba noted that the meeting also resolved to convene an extensive stakeholders’ meeting in Kano to strategize on how to further unite the party for enhanced development.

“The meeting also appreciated members of the party for their maturity, support, and patience during the period of the legal battle and called on them to remain calm and await the outcome of the expanded stakeholders meeting scheduled for Thursday, January 25, 2024,” he said.

Participants in the meeting included selected Kano APC stakeholders, presided over by the party’s National Chairman, Abdullahi Umar Ganduje.

Super Eagles star, Alex Iwobi has issued warning to his side’s opponents after Nigeria’s 2023 Africa Cup of Nations, AFCON, win over Ivory Coast on Thursday.

Iwobi said the Super Eagles are afraid of no team currently participating at the ongoing AFCON.

Recall that William Troost-Ekong’s penalty gave Jose Peseiro’s men the victory against the host at the Stade Olympique Alassane Ouattara in Abidjan.

Speaking to reporters in the mixed zone after the game, Iwobi said: “The formation was different.

“We defended as a team, from Victor to the goalkeeper, everyone defended well so I feel like that formation change helped us.

“We have to concentrate on the next game, we take it game by game but we have the belief that we can do so, we have to wait and see.

“We are afraid of no one but we treat every team with respect.”

Nigeria will face Guinea-Bissau in their final Group A tie on Monday.

The Board of Immigration, Civil Defence, Fire and Correctional Services has approved the review of promotions in the four services in line with the renewed hope agenda of President Bola Tinubu.

The Minister of Interior, Dr. Olubunmi Tunji-Ojo, disclosed this through the Secretary of the board, Ahmed Ja’afaru.

 

This was shortly after the board meeting on Friday in Abuja.

 

According to Tunji-Ojo, under the guideline of the board, which was adopted in 2013, the board decided in 2024 to review it, especially as it concerns promotions.

 
 

He added that a new guideline for promotions was adopted by the board after it had conducted and completed the verifications of all those officers who were successful in the 2023 promotions.

 

He said: “The board has also already commenced a process for 2024 promotions. 

 

“So, we will draw the list of all the officers that are due for 2024.

“And very soon we will bring out the timeline for the promotions in the respective four services under the purview of the board.

“We are going to do it in such a way that training will be given priority in career progression and people will be rewarded for hard work and emphasis will be based on capacity building.

“This is to ensure that promotions are not a reward for redundancy but for active participation and contributions to career progression.

“We will also ensure that emphasis is placed on professionalism to expose our officers to all aspects of the job, while also developing specialisation in the various fields that we have in the services.’’

The Minister said that in line with the renewed hope agenda of President Tinubu, the board has decided to give 35 percent of employment positions to the women in the four agencies under its supervision .

This, he added, was to ensure that women take active participation in everything that the agencies did as professional bodies compared to what was the case in the past.

He said: “The recruitment will be done in the agencies in such a way to make sure that gender is considered based on Federal Character.”

Tunji-Ojo explained that the new guideline would commence in the ongoing recruitment in the Federal Fire Service.

He added: “As you are all aware, the portal is open and will close on January 31. 

“We have reliably gathered that scammers are at work again, people are collecting money from the unsuspecting applicants.

“They are taking the advantage of Nigerians who are desperate to get work. 

“I want you to take note that the board does not request for any money. 

“As with the advertisement we sent out, we categorically said nobody should pay any money.

“The portal is free and there is no need to buy any scratch card; all you need to do is to go into our portal, open it and register.

“We know they will continue to scam and the consequence is that it damages the reputations of the organisations.”

Tunji-Ojo assured Nigerians that the Federal Government would go after them and make sure it brought the perpetrators to book to face the full wrath of the law.

He added: “We will continue to do our work to the best of our ability, and to ensure that whatever we have done will be based on merit.

“It’s open to all Nigerians and all sections will be based on the federal character principles.”

[Eagleonline]