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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Federal Government to embrace the use of dialogue to resolve the lingering impasse between the management of Capital Oil and Department of State Services (DSS), over the illegal sale of petroleum products stored in their tank farm by the NNPC, Channels TV reports.

The union stated that workers have the right to protest the non-payment of their salaries and allowances and that the Federal Government should secure the jobs of those working in the sector.
NUPENG, in a statement signed by its President, Igwe Achese, stressed that although it does not support the illegal diversion and sale of petroleum products, it was of the opinion that the Federal Government cannot sit still and watch workers lose their jobs.

The Union also made reference to the case of Seawolf Oil Services that was taken over by the Assets Management Corporation of Nigeria (AMCON) in which it says workers are yet to be paid their backlog of salaries and entitlements for over five years.

“NUPENG believes that the job creation mantra of the government should be allowed to play, rather than paving way for job losses as it is the case of the current closure of Capital Oil.”
It therefore called on the government to allow the 2,000 workers to resume work at the depot and load products so that their salaries can be paid, “instead of throwing them into the unemployment market for no fault of theirs”.

Source: Channels TV
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Many Nigerians appear to be unhappy about the unlwaful arrest arrest of Anambra born Billionaire and philantropist Dr Ifeanyi Ubah who is the CEO/MD of Capital oil and gas Ltd. Reliables sources have it on good authority that the arrest has little or nothing to do with oil theft but a case of contractual breach by both parties.

See tweets below:









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President Muham­madu Buhari’s hands were forced by west­ern countries and do­nor agencies when he moved swiftly last week to revive his waning war against corruption by suspending David Babachir Lawal as the Secretary to the Federal Government (SFG).

Indications have emerged that the European Union coun­tries, the United Nations and the other major international agencies forced President Bu­hari to act to clean up the Au­gean stable soiled by some of the key principal officers of his government.

The choice for the President was clear: sack Lawal or forget donor countries’ funds for the reconstruction of the North East, devastated by the Boko Haram insurgency.

Norway, Germany, the United Nations and Nigeria had, between February 23rd and 24th, 2017, co- hosted the 1st Humanitarian Conference on Nigeria and the Lake Chad Region. The conference took place in Oslo, Norway. Foreign Affairs Minister Geoffrey On­yeama represented Nigeria.

Sources confirmed to us that the message was “eloquently delivered to Pres­ident Buhari” by Representatives of the European Union, who had “watched in amusement” the han­dling of the scandal.
The malnutrition crisis, sex for food and other challenges in the camps of internally displaced persons forced the EU into action. Many Nigerians do not know that the threat by the EU and other do­nors was what actually forced the President Buhari to act on the La­wal matter.
The World Bank Board has approved 200 million United States dollars credit to assuage the acute humanitarian crisis.

“Up to 5 million USD of the approved funds will help farm­ing families combat food secu­rity crisis in the region,” said the World Bank, while the European Union released Nine Million Eu­ros (about N4 billion) to Nigeria.
“The additional emergency assistance will help vulnerable populations in the Lake Chad re­gion. 9 million Euro will be pro­vided to support Nigeria, 2 mil­lion Euro in Cameroon and 1.5 million Euro in Niger”, said the European Union.

For European Union and oth­er funding agencies like Melinda and Bill Gates Foundation, re­porting is key in the disbursement of funds. The North East Initia­tive hadn’t met reporting stand­ards - outright diversion of funds, lack of priorities as in the case of the N250 million grass clearing contract that the SGF allegedly awarded to himself.
We reliably gathered that this is not the first time the Buhari administration has been confronted by some for­eign powers on its policies. Under the Obama administration, the president was told in clear terms, once during the General Assem­bly, to “up his game”. The message was reportedly delivered by an of­ficial of the State Department.

The Americans had played open and key behind the scene roles in ensuring the defeat of President Goodluck Jonathan. They in fact provided security for Prof. Attahiru Jega, the Chairman of the Independent National Elec­toral Commission.

The sources confirmed that President Buhari was “scared stiff” considering his experience with the Americans during his first coming. The Americans had warned him about the direction of his government and shortly af­terwards, he was overthrown by General Ibrahim Babangida.

The discovery of the Osborne loot proved “convenient” in eas­ing out the SGF, who had become a liability. Presidential spokesman Femi Adesina had in the last few days been making strident ef­forts denying that the president had issued the SGF a clean bill of health. The albatross is the four months’ time lag before the pres­ident acted.

Of the 1.5 billion dollars pledged by the European Un­ion, Norway pledged one -third of the 1.5 billion United States dollars amounting to $192 mil­lion towards assisting in the re­construction of the North East. The United States, which was in a transition, made no pledge, due to the change in administration.

“Sack Lawal or forget our as­sistance” was the message to Bu­hari, who, before his medical trip, had written to the Senate and ve­hemently defended Lawal. In his 17th January 2017 letter to the Senate, Buhari had noted that only three of the nine members of the ad-hoc committee signed the report.

The president further ac­cused the Senate of denying La­wal fair hearing even when evi­dence abounded that he defiantly refused to appear before the com­mittee. It was also claimed that there were not enough grounds to act as the Senate Report was an interim report – claims that Senator Shehu Sani has emphati­cally denied.

The former National Secu­rity Adviser Col. Sambo Dasuki is currently being tried based on the interim report generated by the Ode Arms Deal Committee.
The Senate had on December 14, 2016, called for the resignation and prosecution of Lawal, follow­ing proven complicity in the di­version of North East humani­tarian funds. The Senator Shehu Sani led Ad hoc Committee on Mounting Humanitarian Crises in the North-East, in an interim report, severely indicted Lawal for awarding contracts to his compa­ny under the Presidential Initia­tive on the North-East (PINE).

“If David Lawal had messed up with Nigerian resources, the possibilities are that he would still have been in office. The do­nor nations blackmailed the pres­ident into taking this decision,” said several sources.

Analysts point out that Buha­ri has a weakness of not sacking anyone close to him. His circle is limited and closed. For instance, his Chief of Staff has been accused of collecting kick back for influ­encing a reduction in the fine im­posed on the MTN. MTN had cashed in on the relationship be­tween Abba Kyari and Amina Oyagbola, then Executive Direc­tor, from their days at the Unit­ed Bank of Africa. She reported­ly facilitated the multi million deal that led to a drastic reduction of the fine. While she has since been asked to resign by MTN, in a clas­sic case of “use and dump,”
Buhari is yet to take action on Abba Kyari.

On 15th February 2017, the representatives of the 12 donor countries and agencies visited Borno State on a three day mis­sion to “increase understanding of the complex challenges” the insurgency has created, especial­ly on the lives of the victims of the Boko Haram violence. Their re­port formed part of the input for the Oslo conference.

The intrigues that brought Lawal to the Presidential Initia­tive on the North East were said to have been precipitated by La­wal and some members of the ca­bal. General T. Y. Danjuma, the Chairman, had, due to age, ex­pressly requested for a young­er man as Vice Chairman of the Committee – a request the pres­ident obliged.
A former Secretary to Borno State Government, Ambassador Baba Ahmed Jidda, was nom­inated by Governor Shettima Bukur of Borno State, the worst affected state. Jidda was howev­er schemed out by the cabal who had their sights on the huge funds for the reconstruction of the re­gion. Alhaji Tijani M. Tumsah was to eventually replace Jidda. This was the beginning of the plot to oust David Lawal, who on his appointment had ruffled feathers.

The details of the payment for the contract were leaked to the governor of an interested state, by a staff of Ecobank, where Lawal had maintained accounts. The account is domiciled in Lev­entis Building branch of the bank in Kaduna.

The Vice President, Prof. Yemi Osinbajo, a loyal member of the Bola Ahmed Tinubu po­litical family, had used the win­dow as acting president to for­ward the name of Ibrahim Magu to the Senate for confirmation as the Chairman of the Economic and Financial Crimes Commis­sion (EFCC). But in the Lawal case, said sources, the VP is “ut­terly helpless” because the West­ern Countries are watching de­velopments closely.
Magu, as head of the Eco­nomic Governance Team, had cleared Bola Ahmed Tinubu of corruption. Osinbajo sending his name to the Senate for confirma­tion was an IOU repaid. This ex­plains why the Vice President, a law professor and a Senior Advo­cate of Nigeria (SAN), has con­tinued to put up spirited defence for Magu.

Bola Tinubu was said to have influenced the appointment of Lawal. But due to lack of trust, the powers of the SGF office were stripped and domiciled in the of­fice of the Chief of Staff. The Are­wa Consultative Forum had re­peatedly asked the president to fire Lawal and Abba Kyari, the Chief of Staff, due to lack of ca­pacity.

The Kaduna State Governor Nasir El Rufai, in his memo that was leaked, had equally asked that both men be fired. To “cov­er” their repeatedly attacked lev­el of competence, both men hired tested hands. Abba Kyari hired Ambassador Babagana Kingibe, who is acting as his Personal As­sistant while David got Alhaji Bu­kar posted to his office as Perma­nent Secretary GOS.
For the EU, the situation in the north east is a humanitari­an crisis which the internation­al community is duty bound to support “voluntary and sustaina­ble returns.” Its assessment is that the overall situation remains flu­id, especially as the military cam­paign continues to open pre­viously stranded areas. This “creates new humanitarian chal­lenges”, the EU report stressed.

It further noted that with­out immediate investment in education, Borno State risks the radicalisation of a new genera­tion. The report notes that more than 1,200 schools have been de­stroyed and welcomed the estab­lishment of emergency schools and child-friendly spaces in IDP settlements.
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Review NYSC to Reflect Entrepreneur and Job creating Scheme - Ubah

Dr Patrick Ifeanyi Ubah has called for the review of NYSC in order for it to become a job creating platform as against what the scheme offers now .

Ubah who while speaking at Nnamdi Azikiwe University, Awka yesterday (20th February 2017)at an event organized by Nigeria Economics Students Association ,(NESA),UNIZIK Chapter, called for the review of National Youth Service Corp (NYSC) Scheme from what it represents now to a scheme capable of solving Nigerian employment crisis .

The Anambra State born Entrepreneur Dr Patrick Ifeanyi Ubah who was represented by his SSA Media, Ikechukwu Emeka Onyia advocate for new direction with respect to the NYSC Scheme while speaking on the topic " Entrepreneurship and Nigerian Youths : Ifeanyi Ubah Experience and Lesson ".

According to the MD Capital Oil and Gas , " NYSC is a scheme introduced by Federal Government as Interventionist Policy immediately after the civil war as an integration scheme and not for job creation.

But now , the greatest crisis facing Nigeria is that of unemployment and the development calls for the review of NYSC Scheme to reflect job creation .
The scheme founded in 70s is over 40years old and therefore begging for a review " he said .

Ubah went on to back his call for review of NYSC with below analysis ,
" Today , Federal Government pays each Corp member under NYSC Scheme N19,800 (Nineteen thousand Eight hundred naira ) per month and that gives us N237,600 per year and when you factor in other expenses that emanates from camping ,you will be having about N300,000  for each corp member per year .

Federal Government Mobilizes 150,000 graduates every year for NYSC . Let's use 150,000 graduates here .

If in a year , Federal Government mobilizes 150,000 graduates for NYSC and spends around three hundred naira (N300,000) on each of them , this amounts to N45 Billion (Forty Five Billion Naira ) per annum ".

The man many call ideas bearer went on to argue
" we can review the scheme and make our graduates go through various skill acquisition training upon graduation and N300,000 handed to them by Federal Government to establish the Entrepreneurship that he or she might have learned . We can hand over this three hundred thousands naira (N300,000) to our graduates after they must have passed through one three weeks or say one month Entrepreneurship or skill acquisition training as a seed or start up capital. " Ubah argued.

He further argue , "Yes , we can adjust the 12 months service year to three weeks or one month which will be use for the training of these graduates towards self reliance.

According to him , " what is the gain of spending N45 Billion on our graduates after which you push them to unemployment market ? Is it not better we train them and hand each of them the three hundred thousands naira ( N300,000 ) as a seed ?
Some of them can even use their own seed money to go into cooperative groups among themselves towards setting up various businesses upon graduation and by so doing , we will be creating job creators instead of Job seekers" he said.

Ubah challenged the students to redirect the conversation towards providing solutions to the challenges blighting the Nation as the country is faced with multiple economic shocks.

" You must start raising agenda for the policy makers of this Nation. Creating solution is what makes an Entrepreneur tick and you must rise to the occasion especially now that our Nation faces multiple economic shocks." he said.

" Good enough, there is hope because you are here today in this hall as  stakeholders in this great search for solutions ".

Ubah later called on the government to redirect its focus in creating enabling environment for Entrepreneurship to thrive in Nigeria.

"The truth is that Govt cannot do this alone and there is need for Government at all levels to start creating enabling environment through Public Policies that will stimulate entrepreneurial growth in the country in order to forestall recurring economic crisis in the country ".

Prof. Nwogwugwu of Economics Department, University Nnamdi Azikiwe University toed the line of Dr. Patrick Ifeanyi Ubah when he told the students that they must start thinking as job creators " You are here to learn how to solve problems facing our Nation and not to create one " he said.

Students later threw questions to Ubah who graciously responded .
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We have the potentials to replicate the commercial success of Chinese Economy in Anambra State- Ubah.


The Anambra state born visionary personage Dr. Patrick Ifeanyi Ubah has stated that with conscientious interventionist policy, the commerce driven potentials of the state can be enhanced to become a commercial hub of the entire Sub-Sahara Africa.

Speaking at his country home Nnewi after FC Ifeanyi Ubah had defeated Rangers International with one goal to nil on Sunday, during an interactive session with market leaders of the State , he said
" we are blessed with ideas that can replicate Chinese type of economic recovery here in Anambra State if  government understands its role in commerce. It is not just about collecting tax but to create commercial enhancement policy relationship  between it and  business owners " .

With government partnership with the traders and other business owners in the state, we can create a thriving local economy in Anambra state that will make it a commercial hub in sub-Sahara Africa" he re-iterated.

Ubah who went on to state that Anambra state must think beyond waiting for Federal Government intervention when we can build a strong economy on our own without looking the direction of the center.

" We as a state must get ambitious towards enhancing our commercial potentials by partnering with the traders in our state . 21century is not a century for lazy sub-national governments, rather a century that beckons on States to build a thriving local economy "

You can't grow a commercial activities in any territory where the traders or investors are not making profit . However, attracting business to the state is not enough, but making Policies that will reduce the cost of doing business in the state and create profit margin that will encourage business expansion which will in turn aid our economic recovery"

Without creating road map for commercial activities ,we will remain stagnant economically". Ubah said .

The man many call ideas bear, stated that Igbo race is endowed  with the potentials to rival China in doing business, but regrets that our businessmen and women lack the requisite support of their state government which their Chinese counterparts do enjoy.

" We are the only black race that can mimick the Chinese style of doing business, but unfortunately our business players do not get government support like that of their Chinese counterparts. If I have the opportunity to govern Anambra state, I will not just replicate but internalize the Chinese model of commerce here in Anambra state " he said .

Ubah who speaks over 4 western languages and about 5 African languages stated that his knowledge of International business politics and that of local economy will help him achieve his set goals on issues of creating synergy between the international Business community and the local economy.

" See , I understand International business politics and how to synergize with foreign and local interest institutions for the benefits of our state's commerce. The point is that a 21century business community needs government with knowledge of commerce to thrive ."he said.




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THE federation accounts allocation committee (FAAC) shared the sum of N420 billion among the Federal, State‎s and Local Governments for the month of September 2016.
It is however short by N35.3bn compared with the amount in August this year.
Giving the breakdown, FAAC chairman who also doubles as ‎the Permanent Secretary, Ministry of Finance, Alh. Mahmoud Isa Dutse who stood for the Minister of Finance, Mrs Kemi Adeosun said, the gross statutory revenue of N279, 746 billion received for the month was lower than the N315. 045 billion received in the previous month by N35. 299 billion.


He said, Crude Oil export volume decreased by 1.15 million barrels in June, ‎2016. The decrease, according to him was caused by revenue decline of $45.52 million in Federation export sales despite the increase in average price of Crude Oil from $46.06 per barrel in May, 2016 to $48.43 per barrel in June, 2016.
Force Majeure ‎was declared at Bonny Terminal and there was a subsisting Force Majeure at Forcados Terminal. Shut-in and shut-down of Pipelines for repairs and Maintenance also contributed ‎to the drop in revenue.
Also, there were decreases in volume of dutiable imports, receipts from Joint Venture Cash Call, Foreign Companies Income Tax (CIT) ‎and Value Added Tax (VAT).
The distributable statory Revenue for the month is N250.947 billion. The sum of N6.330 billion ‎was refunded by NNPC to Federal Government.


There is a proposed distribution of N63.386 billion from Ex‎cess PPT Account. Also, exchange gain of N41. 402 billion is proposed for distribution.
Therefore, the total revenue distributable for the current month (including Vat) is N420.000 billion.


The Permanent Secretary who said that the recent International Monetary Fund (IMF) rating, placing Nigeria’s economy above that of South Africa, has shown that Nigeria is a major investment destination in Africa, said, ‎Excess Crude Account stood at $2.454 billion.
Asked why the Excess Crude Account which was announced to stand at $‎2.9 billion in the last FAAC meeting reduced to $2.454 billion, the Accountant General of the Federation, Ahmed Idris argued that the amount has not change, but disclosed that Petroleum Profit Tax (PPT) which was included in the $2.9 billion was now detached from the Excess Crude Account for the sake of clarity.

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BUHARI JETS OUT FROM ABUJA ON OFFICIAL VISIT TO GERMANY

President Buhari has departed Nigeria for Germany on a three day state visit.

While there, he will hold bilateral meetings with the German Chancellor, Angela Merkel on issues of shared interests between Nigeria and Germany, including further cooperation on security, the humanitarian situation of Internally Displaced Persons (IDPs) and rehabilitation of the North-East, as well as trade and economic relations between both countries.

President Buhari is being accompanied by Governors Kashim Shettima of Borno State and Rochas Okorocha of Imo respectively, also representatives of the National Assembly, will meet with Federal President of Germany, Joachim Gauck.
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A Federal High Court sitting in Lagos today dismissed two applications filed before the court seeking to change the guilty pleas of four companies linked to former First Lady Patience Jonathan's controversial $15.5 million account fraud.

The two applications filed by two Lagos lawyers Gboyega Oyewole and Tochukwu Onyunke on behalf of the four companies, namely; Pluto Property and Investment Development Company Limited, Seagate Property and Investment Development Company Limited, Transoceanic Property and Investment Development Company Limited, and Avalon Property and Investment Development Company Limited, were dismissed by a judge who described the application an abuse of court process.
The applications had challenged the court's jurisdiction to take the plea of the companies through their purported directors, and also wants the court to reverse the guilty pleas of the purported directors of the companies since they claim not to have anything to do with the companies.

Dismissing the two applications, the presiding judge, Justice Babs Kewumi ruled that since the applicants had approached the Court of Appeal for adjudication under Section 477 and 478 of Administration of Criminal Justice Act which was the same issue they are asking his court to determine on the matter, Justice Kewumi then stated that the step taken by the accused persons is abuse of court processes consequently  he dismissed the applications were dismissed and adjourned until November 2 for the trial of the accused persons to commence.

It would be recalled that the purported directors of the four companies, Taiwo Ebenezer for Avalon Property and Investment Development Company Limited; Kola Fredrick for Transoceanic Property and Investment Development Company Limited; Friday Davis and Agbo Baro for Seagate Property and Investment Development Company Limited, have all pleaded guilty on behalf of the companies to money laundering charges leveled against them.

Upon the guilty pleas of the purported directors of the companies, the Economic and Financial Crimes Commission (EFCC), through its lawyer, Rotimi Oyedepo, urged the court to adjourn for review of facts of the case against them.

Other accused persons  Waripamo-owei Dudafa, a former domestic aide of President Goodluck Jonathan and Skye Bank's Head E-Banking, Adedamola Bolodeoku, alongside the four companies, in a second amended charge number FHC/337C/16, were alleged to have between November 13, 2013 and March 31, 2015, conspired with one Sombre Omeibi, who is now at large, to retain the sum of $15,591,700 which they reasonably ought to have known forms part of the proceeds of an unlawful act, and thereby committed Offences bordering on money laundering, stealing,and conspiracy.

EFCC  alleged that the said money was wired through account numbers: 2110002207; 2110002245; 2110002238; 0122493290; 2110002252; domiciled in Skye Bank Plc.
The anti-graft agency also alleged that the accused persons forged Skye bank's mandate card which was purportedly signed by the purported directors of the companies, namely; Friday Davis, kola Fredrick, Agbo Baro, Taiwo Ebenezer and China John.

The offences according to the EFCC are contrary to sections 18(a) and 15(d), and punishable under section s15(3) of the Money Laundering (Prohibition) (Amendment) Act, 2012.
Mrs. Jonathan has since claimed the monies belonged to her and has sought the intervention of the courts to reclaim the funds.
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From the Jobless Nigerian,
Onitsha,
Anambra State.

To His Excellency,
President, Federal Republic of Nigeria.

Dear Sir,

The radio and TV pontificate that you are back from London, where you ventured to examine and treat your disappointing ear or ears. Welcome! His Excellency, May I seize this golden opportunity to narrate, with precision and accuracy, what actually happened in Anambra State that Black Day? I never knew this would befall me. I never knew I could forget to remember to eat for days. I never knew I could roll myself into a ball in bed and cry like a schoolboy whose chocolate was snatched from him by an uncaring stepmother. I never knew. Oh God, I never knew!

That frosty Tuesday evening in an unpleasant pub in Onitsha, she told me that Nigeria was staggering perilously in a stinking gutter because it gulped beer and still gulped that satisfying alcohol popularly known as Corruption Lager beer, 45%. “And because our nation’s stomach is overloaded with Corruption Lager beer, she can bite you on the neck like a mad dog and watch you slump on the pothole-filled roads as blood oozes to carpet the ground,” she added. Then she shook her head gloomily and lit a cigarette, her eighteenth of the day really. I serenely sipped my cold Hero beer and watched the smoke she had expelled through her ringed nose curl fantastically above her weird Afro hair. Nwanyibuife–for that was her name–was an eccentric, refreshingly argumentative social warrior, according to Mr. Maxwell, her garrulous landlord. Oh yes, she was argumentative, as you can see. I itched to altercate her, to say that our dear country was sober, but something restrained me, perhaps trepidation. She was my girl, oh yes, but my friends, particularly the banana-nosed Obinna, habitually remarked that I, a 26-year old man-shaped man with a penis, was Nwanyibuife’s girlfriend and she my boyfriend. The irony of this comment always nearly galvanized me into clouting Nwanyibuife to prove to my taunting buddies that I was a man, a real man at that, but, oh God, every time I lifted my petite hand to perform this needed action she’d seize it at once like the Undertaker (His Excellency, do you still remember this professional wrestler?), and push me violently down from my chair.

No, no, no, I’d not alternate. “You’re right, Buife: Nigeria is drunk,” I mumbled, and lifted my glass to my lips.
She made a vague sound, a hmmm, drained her glass and lit another cigarette. Nineteen. Oh God, don’t count the cigarettes, His Excellency, please…Ah, where did I stop?—Oh yes! She then leaned back in her Star Beer chair to savour her Benson and Hedges. For a moment, the pub was wrapped in silence. Then the loud speakers split the silence and almost shattered my eardrums:
Love all your curves and all your edges
All your perfect imperfections…

Mr. President, American pop and R n’ B has never appealed to me. So promise me a hug in Aso Rock because I prefer our musicians, Osadebe, Sunny Ade, Onyeka Onwenu and Fela Kuti. So I implored the long-necked barman to turn down the volume. He obliged. But I shouted to submerge the foreign music completely, “Our president will turn things around, hopefully. He promised to drag change into our dear country. Can’t you recall how his disciples sang “Changeee” on the roofs of the political party vans? He is the solution to this problem of corruption. Let’s give him time, Buife.”
“Don’t rile me up, Kachi!” she thundered, and two adolescent lovers who conceivably sneaked out of their school and changed to come here turned from the table where they sat kissing amateurishly to stare at me and my furious woman.

His Excellency, I didn’t want the lad to ascertain that my girlfriend was intimidating me so I let anger wrinkle my face and I bawled, “Listen, Buife my doll, don’t shout at me…And I still maintain that Nigeria is not drunk. I believe and I want you to believe in this present government…”
Boom! She smacked me over my balloon of a head with her empty bottle of Gulder beer and stomped out smoking her twentieth cigarette. I sat there yelling and clutching my head. But the little mirror on her forgotten cigarette lighter proved, to my relief, that my head wasn’t bust open like a coconut. The teen lovers howled with laughter, and I shielded my face shamefacedly with my copy of Vanguard newspaper. This amplified their laughter; they laughed without cessation and the barman emerged with a shovel and drove me out.
And that, His Excellency, was the last time I saw Nwanyibuife. I will never see her again because I was trying to advertise your competence.

That night, I wept as the rain beat against my windowpane
Birds sang merrily in the dancing tree outside
And I wept
They sang
I wept
They sang
I clutched the periwinkle flower she gave me on my birthday close to my hammering heart as I wept
The wicked birds sang; owls hooted.
Thunder boomed rattling my windows, followed by lightning
And I wept
Oh Buife, whom I will never again hold like a pillow when it rains!
I wept and wept and refused to be consoled.
Where did the bloody cigarette-smoking, ranting girl venture, you wonder, His Excellency?
Well, I didn’t really know; my friends didn’t know; her friends didn’t know; her people didn’t know. Even her landlord did not know.

Her sudden disappearance, Mr. President, turned me into an inspector. Ten days into my investigations, I learned from the residents of Obosi, a suburb of the commercial city of Onitsha, that she was one of the “Biafrans” who were shot and buried en masse like dogs that day in Anambra by the soldiers, your men, my men, our men. She was the only woman who fought for the cause and died. If I were a writer, His Excellency, I would call her story this: The Tragedy of an Unemployed Biafran Woman. But I am not a writer. Many people died fighting, men and women and children. I was really interested in this Biafra agitation and so I carried out a research. And here is the synopsis of the thesis, His Excellency:

BIAFRA AGITATION: A CASE STUDY OF MISS BUIFE

Introduction

Buife was born on 19th May, 1992 to the family of Ichie and Lolo Johnson Okafor in their hometown of Nnewi. But she left her parents to join her Uncle Emeka in Kano when she was nine. I met her in the band in our church in Kano and we fell in love. Her instrument was the piano and mine was the guitar. We dated growing up. Together, we played and sang and kissed and stimulated and fought and ate together like little husband and wife. And we cried together. We were even the “best couple” at the university in Kano, where she read political science and I read music. But she loved music more than me. Perhaps music tightened our relationship like a rope tightened a bag of sand. She’d come back to the hostel off campus late at night drunk and singing the National Anthem. I’d rebuke her and she’d push me against the wall. But the next day, she would apologize with a tender kiss, buy me beer and food and then fuck me. I never fucked her. She fucked me.

Background

Buife yielded to the lure of the green bottle and tobacco because her childhood was filled with agony and sorrows. Her twin sister Mary was beheaded in Kano for “blapheming against Islam” in Kano. (A Muslim trader next door at Sabon Gari, who hated her, asked her to stop eating the bread she was eating during that Ramadan season and she interjected that she was a Christian. The man yelled something in Arabic and Muslims gathered like ants around a cube of sugar. And the next moment thousands of Muslims in Kano were dancing with Mary’s head in the streets.) Her father, who was a barman, was whipped and nearly burnt for selling liquor. His countless crates of beer were shattered and burnt because “it is against God.” A “little” war ensued. Christian blood flowed in torrents in the north; Muslim blood did likewise in the east. The crisis took Buife’s only brother. He was nailed to a bamboo cross in Kano. He died on the cross like Christ. Buife and her mother dressed up in white hijabs like proper Muslims and escaped from the north. Her father remained there. He said he would stay for years and run for the governorship election and if he won he would alter some nefarious laws. But, four years later, when he declared his political ambition in Kano his corpse was found in a maggot-infested gutter the next morning. “Kano is not your Anambra” was written on the chest of Buife’s father, a man who spent virtually all his life in Kano. So she grew up to hate and despise northerners, albeit she had gleaned from the papers and from people– including the Igbos–that the Igbos sometimes did worse. In Onitsha, over twenty innocent Hausa cobblers, for instance, were tossed into the Niger river. Fishes gobbled their dead bodies.

My father, whom she loved, despite all the Christians’ mockery and threats, respected and never killed the Idemili royal python. He was butchered by the Fulani herdsmen recently in one hamlet in Enugu State. This horrible sight of my father’s headless body made her go mad and she cried. I never saw tears in Buife’s eyes before that day, believe me. But that sunless afternoon, she cried, her tears dropping on my father’s corpse. She cried and I cried and everybody cried because the government was silent when my father died.

DISCUSSION OF FINDINGS AND RECOMMENDATIONS

From the findings of Buife’s life, His Excellency, it could be concluded that there’s not enough love between the northerners and Ndigbo. I discovered that Buife incited the father of her friend to fire all the Hausas in his company. And the moron did. It was also revealed that Buife shot down many innocent northerners in Onitsha and in my hometown of Oba shouting that it was about time Nigerians left Biafra, her fatherland. (Oh why, Buife? This is sheer wickedness!) Buife craved for an Independent State of Biafra. And when that man you called “rebel” was controversially arrested, she joined the angry “Biafrans” chanting, “Free NNAMDI KANU!”

And the Nigerian soldiers emerged and shot them in the church, where they had scampered to hide.
His Excellency, don’t get me wrong, please. I really love Nigeria my country. And I love you too. But you have to do these two things for me:
1. Promote peace and unity in “One Nigeria” by ensuring that no region is forgotten in your government (all the federal roads in the east, for instance, are deplorable.)
2. Negotiation. Invite the IPOB members to Abuja and talk amicably with them.
His Excellency, I will drop this letter at the gigantic gate of Aso Rock and, if by luck, it gets into your busy hands, hurray to the gods!

Now, I have to drop my pen to mourn my Buife. But I must say thank you, His Excellency. God will embellish you and prolong your life as you do things.

And may God bless Nigeria and all African nations.

Amen.

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Professor Adebiyi Daramola, Vice Chancellor Federal University of Technology, Akure, Ondo State and the Bursar, Emmanuel Ademola Oresegun, are being quizzed at the Iyaganku office of the EFCC in Ibadan today 5th of October, 2016 in respect of an alleged case of Abuse of Office and misappropriation of funds reported against the duo.

According to the petition submitted to the Commision, it was alleged that the Vice Chancellor and the Bursar were involved in “Corruption, Fraud, Criminal Breach of Trust, Unlawful Enrichment and Conversion of millions of Naira of the University”.

The Vice Chancellor allegedly drew Furniture Allowance annually instead of once in 4 years as approved and was paying himself Housing Allowance while residing in the University’s Vice Chancellor’s Quarters. The petition further alleged that he diverted funds from various unrelated subheads to finance other projects without the appropriate approvals for such virement.
They are still undergoing interrogation as at report time.
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The former Governor of Anambra state, Peter Obi made some staggering revelations on how most states are run.

He made this revelation while speaking at The Platform, a program organised by Covenant Christian Center.
The former Governor also called on Nigerians to stop celebrating criminality, adding that there is enough money for development in Nigeria.
Obi, who spoke on the topic: Cutting cost in governance, churned out some quotes that set the internet ablaze.


✏"To you young people, Take Back your Country...it is your future they are toying with". - Peter Obi

✏"I reduced my convoy to 5 vehicles and you cannot buy fuel unless I am in the car".- Peter Obi

✏"If I sleep in a hotel and have to pay N250k a night, I will be awake all night...feeling like I was robbed". - Peter Obi

✏"You know there are many big men in Anambra state, so when they want to see me, I say to them I will come to you instead".- Peter Obi

✏"We handed schools back to Churches and by 2013, we were number one in WAEC."- Peter Obi

✏"I beg you to participate more in politics, the society we help them abuse today will take its revenge tomorrow".- Peter Obi

✏"The only way out of recession is to spend for growth. You can only spend for growth either from savings or from borrowing.
The question is: what are you borrowing for?
Are you borrowing for consumption or for production?
When you borrow for consumption, you are heading for disaster."
-- Peter Obi.

✏" I had to stop the Presidential lodge in Anambra... A project awarded at 400million. I had to close down state house in lagos and Abuja... Because I felt we dont need it.... Even when other states had."

✏" They said President Obasanjo is coming... I went to borrow the kind of cars they wanted... Instead of spending millions... From a neigbouring state."

✏"I requested Obasanjo to spend the nights in my lodge Since they said he must sleep over... I asked my wife to pack out of my bedroom... We went opposite to lodge in a hotel (name mentioned) for the week, we paid N30,000 instead of N100,000."

✏"I used the 150million for 2 bullet proof cars to buy almost 50 Peugeot cars at 3 million each.. gave 17 to JUDGES and 18 to permanent Secretaries (because i discovered they did not have cars) and kept 10 for govt house... which I used as Governor... I did not use bullet proof cars as Governor."

✏"They said we should attend world Igbo Congress in U.S.... That the budget WAS cut from 40 to 32million.... I asked them why... That only one person should go and come and tell us what was discussed."

✏"Instead of paying 30,000 for each security personnel (about 30) per night in Abuja, I told IG to give me Police whenever am in Abuja....I travel alone... People complained.... The 15 drivers lodged in Abuja state house...who come to airport to cause confusion, i asked to go, kept only 3. The others to go back to Akwa or look for job... I asked the cook to go back to Akwa instead of giving him 30,000 per plate."

✏"When Governors lodge and Govt house was burnt before I came... With budget of 400million and 300 million, I repaired them for 42 million and 80million respectively. They wanted to impeach me that I did not spend by due process... Following the awarded Contracts and contractor.... I saw a table.. That my predecessor used, they said its old... I asked them to renovate it... That all i needed was a table to write as Governor... "

*✍"So so so I was able to save money and made sure that ANAMBRA HAS THE BEST ROAD NETWORK THAN ANY OTHER STATE IN NIGERIA...*

*✍PETER OBI....WORDS ON MARBLE.
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The Customs boss stressed that stressing that he would prefer that the money be committed to providing jobs instead.

“I will rather prefer to finance the local industries with SURE-P, than to give ordinary persons N5000 because the common sense is that don’t give me fish but teach me how to fish.

“So by giving him the N5000, you are killing him-after the N5000 now what? He’ll come back and if you don’t give him, he becomes violent because he believes it’s his legitimate right to get a money he didn’t work for.”
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By Dan Onwukwe

Few issues have touched such a raw nerve as the present inability of many state governors to discharge their financial obligations especially to their citizens. Sometime last year, former Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, challenged Nigerians to hold state governors and local council administrators accountable on how they manage the finances accruing to the states from the Federation Account. She raised alarm that many state governors have become so reckless with the resources of their states as if they were their personal estates.
She therefore warned that it was high time the citizens began to ask questions about what goes on in their respective states.Dr. Okonjo-Iweala made this well-taken observation at the convocation ceremony of Babcock University in Ilisan Ogun State. There is no doubt that her advice was unheeded. And the result has started to show, as many states are groaning under heavy financial crunch, with months of unpaid salaries for workers and pensioners, for periods ranging from one to eleven months. This is in spite of huge allocations they have received from the Federation Account before the prices of crude oil began to tumble.
It has therefore become necessary to ask these baseline questions: why do our governors seek public office? Is it for good governance, the welfare of the people, or for self-aggrandisement? It is even sadder as ten top gainers of the Federal allocation are owing their workers. Many of them have incurred huge debts, and are asking for financial stimulus from the Federal government.
Only if the state have been saving for the “rainy day”, perhaps they wouldn’t have been in this mess. And now, the rainy day is here. It’s interesting to see how much the ten top gainers received in 2013. Akwa Ibom was the highest gainer from the Federal allocation with N260bn, and Rivers N230bn, Lagos N168bn. Other states, according to figures sourced from the Federal Ministry of Finance are Kano (N140bn), Katsina N103bn, Oyo state N100bn, Kaduna N97bn and Borno N94bn. These financial receipts exclude Internally Generated Revenue (IGR) which is huge in some states like Lagos, Rivers, Delta and Akwa Ibom States.
Indeed, figures show that amount of money received by some of the states are higher than the annual budgets of neighbouring countries such as Ghana, Benin Republic, Liberia and Gambia. These facts are not from me. They are unassailable facts from the Federal Ministry of Finance.
And it leads inexorably to these questions: why are the states broke? Why are they seeking for bail-out? Why are many of them unable to discharge their statutory responsibilities – for instance, workers’ salaries, pensions or retirees, etc?. Although many of the governors have given the lame excuse that the dwindling revenue from the Federation Account is largely responsible, indeed, the truth is that many of the governors have been reckless with the resources of their states, feathering their own nests rather than rendering good governance. This fiscal recklessness is seen in their huge allocations to security votes, that nebulous, unaccounted bottomless pit, and jumbo allowances, uncecessary political appointments, and sundry overheads.
That’s how about 22 states’ out of the 36 states are owing workers and pensioners arrears of salaries and pensions. The delinquent states include Abia (8 months), Osun (7 months), Ogun (8 months), Oyo (4 months), Bauchi (3 months, Rivers (3 months), Ekiti (2 months), Imo (3 months) and Akwa Ibom (1month). A close look shows the indebted states are mainly the states controlled by the ruling All Progressives Congress(APC). The situation in Osun got so bad last week that pensioners in the had to carry placards. Can the state governor, Rauf Aregbesola fulfill his promise to clear the arrears of salaries this month? Osun’s case is a paradox of sort. Governor Aregbesola, a teacher of fiscal prudence has become a practitioner of fiscal recklessness.
All of this leads us to remember one man who has made remarkable difference in fiscal management of the state’s resources. He is Mr. Peter Obi, immediate past governor of Anambra State. That Anambra remains perhaps the only state in the country that is not owing its workers or pensioners, nor indebted to any financial institution in the country or abroad, is something Obi must be remembered for.
Why is this man different? Why other states are groaning under heavy indebtedness, Anambra has long pulled away from that debt cycle. Such was Obi’s remarkable feat in good governance that in 2011, the Debt Management Office (DMO), the nation’s custodian of national debts, credited him to have run the most “fiscally responsible and debt-free administration in the country”. DMO knows better. And it is not for nothing. Obi is a model for financial discipline.
Obi’s most worthy legacy is in financial matters. It is an area that all spend-rift governors must learn from, and how he did it. Before he became governor, schools in Anambra were shut for several months, teachers were owed salaries, pension and gratuity arrears hit the rooftops. He cleared all that within a short period of time. Today, workers are not owed salaries and pensioners are not in pains, because their entitlements are paid up. The Elderlies have a welfare scheme for their upkeep. Money was set aside for this purpose for years to come.
Most exemplary is the amount he left for his successor, over N75bn in both local and foreign investments as well as Certified State/MDAs balances and Federal Government Approved Refund. This, as contained in Obi’s handover Report to Governor Obiano, dated March 17,2014, has become a “tool for consolidating and moving forward the administration and governance structures in Anambra”. Some of the investments are held in trust for the state by Access Bank, Diamond Bank and Fidelity Bank.
That Governor Obiano is running the affairs of Anambra state today with little or no financial encumbrances is attributed to Obi’s financial discipline. Sadly, Obi’s successor is yet to give him the required credit. It doesn’t matter. What matters is that Anambra is today relatively secure financially (provided Obiano manages the funds prudently).
The lesson is that while most states are in deep red, it took a clear vision of one man, proper planning and frugal management of the state resources to put Anambra in fine, financial fettle. States currently in debt overhang need a lot to learn from Obi’s legacy in Anambra state. That’s one sure way our democracy can succeed.
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By Omoh Gabriel
LAGOS — The dwindling resources of states and local governments suffered a 30.6 per cent fall from federation account allocation in April 2015 when compared with what the states got in the same period last year.
Central Bank of Nigeria, CBN, Economic Report for the month of April said that the total statutory allocation to the state governments stood at N153.45 billion in April 2015. This was 30.6 and 22.9 per cent below the 2014 monthly budget estimate and the level in the preceding month, respectively. The dwindling revenue of federal, state and local government is as a result of falling oil prices.
CBN Governor, Mr Godwin Emefiele
CBN Governor, Mr Godwin Emefiele
Giving insight into the poor financial status of states which depends on monthly federal allocation, the CBN report for April said: “The breakdown showed that at N119.27 billion or 77.7 per cent of the total, state governments’ receipt from the Federation Account was below both the 2014 monthly budget estimate and the level in the preceding month by 29.7 and 30.3 per cent, respectively.
“At N34.17 billion or 22.3 per cent of the total, receipts from the VAT Pool Account was below the monthly budget estimate by 33.4 per cent, but exceeded the level in the preceding month by 22.2 per cent. Total receipts by the local governments from the Federation Account and VAT Pool Account stood at N88.91 billion at end-April 2015.

“This was lower than both the budget estimate and the level in the preceding month by 33.8 and 19.7 per cent, respectively. Of this amount, receipts from the Federation Account were N64.99 billion (73.1 per cent of the total), while the VAT Pool Account accounted for N23.92 billion (26.9 per cent of the total).

“At N735.07 billion, estimated federally-collected revenue in April 2015, was lower than the monthly budget estimate by 9.8 per cent. It was, however, higher than the receipt in the preceding month by 35.8 per cent. The decline in estimated federally-collected revenue (gross) relative to the monthly budget estimate was attributable, largely, to the shortfall in receipts from oil revenue during the review month
Fall in receipts from crude oil and gas exports
“At N286.24 billion or 38.9 per cent of total revenue, gross oil receipt was lower than the monthly budget estimate and the level in the preceding month by 36.8 and 21.5 per cent, respectively. The decline in oil receipts relative to the monthly budget estimate was attributable to the fall in receipts from crude oil and gas exports, occasioned by the drop in the price of crude oil in the international oil market.”
The report further stated that “gross non-oil receipts at N448.83 billion or 61.1 per cent of the total revenue was above the monthly budget estimate and the level in the preceding month by 23.9 and 154.1 per cent, respectively. The increase in non-oil revenue relative to the monthly budget estimate reflected largely, the increased receipts from the FGN Independent Revenue.
Distribution among three tiers of govt
“It also said that of the gross federally-collected revenue, N307.45 billion (excluding deductions and transfers) was transferred to the Federation Account for distribution among the three tiers of government and the13.0 per cent derivation fund.
“The Federal Government received N146.49 billion, while the state and local governments received N74.30 billion and N57.28 billion, respectively. The balance of N29.38 billion was distributed to the oil-producing states as 13.0% Derivation Fund. From the VAT Pool Account, the Federal Government received N10.25 billion, while the state and local governments received N34.17 billion and N23.92 billion, respectively.
In addition, N33.53 billion and N9.49 billion were distributed as Exchange Gain and NNPC Additional Revenue among the three tiers of government and the 13.0 per cent Derivation Fund as follows:
“The Federal Government received (N15.37 billion and N4.35 billion), while the state and local governments received (N7.79 billion and N2.21 billion) and (N6.01 billion and N1.70 billion), respectively. The balance (N4.36 billion and N1.23 billion) was distributed to the oil-producing states as 13 per cent Derivation Fund.
“Furthermore, N6.33 billion was received by the Federal Government from the NNPC in respect of the eighth equal installment refund of indebtedness. Overall, the total allocation to the three tiers of government from the Federation Account and VAT Pool Account in the review month amounted to N425.14 billion, compared with N557.80 billion in the preceding month.
“At N452.38 billion, the estimated Federal Government retained revenue for April 2015 was above the monthly budget estimate and the receipts in the preceding month by 46.0 and 77.1 per cent, respectively. Of the total amount, the Federation Account accounted for 32.3per cent, while FGN Independent Revenue, others, VAT Pool Accounts, NNPC Refund and NNPC Additional Revenue accounted for 59.6, 3.4, 2.3, 1.4 and 1.0 per cent, respectively.
Total expenditure
“At N155.52 billion, total estimated expenditure for April 2015 was lower than both the monthly budget estimate and the level in the preceding month by 60.2 and 26.3 per cent, respectively. A breakdown of total expenditure showed that the recurrent expenditure accounted for 88.8 per cent, while the capital expenditure and transfer components accounted for the balance of 2.8 and 8.4per cent, respectively. Non-debt obligations accounted for 43.7per cent of the total recurrent expenditure, while debt service payments accounted for the balance of 56.3 per cent. Thus, the fiscal operations of the Federal Government resulted in an estimated surplus of N296.86 billion.”
According to the CBN “Nigeria’s crude oil production, including condensates and natural gas liquids, was estimated at an average of 1.91million barrels per day (mbd) or 57.30 million barrels for the month. This represented an increase of 5.0 per cent above the level of 1.82 mbd or 56.42 mb recorded in the preceding month. Crude oil export was estimated at 1.46mbd or 43.80 million barrels. This represented an increase of 6.6 per cent above the level recorded in the preceding month.
“Deliveries to the refineries for domestic consumption remained at 0.45 mbd or 13.50 million barrels during the review month. At an estimated average of $59.55per barrel, the price of Nigeria’s reference crude, the Bonny Light (37ยบ API), rose further by 3.7per cent above the level in the preceding month.
“The average prices of other competing crudes, namely the U.K Brent at US$58.18 per barrel; the West Texas Intermediate at $52.82 per barrel; and the Forcados at US$59.88per barrel, also showed similar trends as the Bonny Light. The average price of OPEC’s basket of eleven crude streams, at $55.61per barrel, indicated an increase of 5.7 per cent, but indicated a decline of 46.7 per cent, compared with the average of $52.61and $104.27per barrel recorded in the preceding month and the corresponding period of 2014, respectively
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