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House Approves Tinubu’s Request For N500billion on Palliatives

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House Approves Tinubu’s Request For N500billion on Palliatives

House Approves Tinubu’s Request For N500billion on Palliatives

 

 

The House of Representatives on Thursday approved the request of President Bola Ahmed Tinubu for an amendment to the 2022 appropriation act to allow the Federal Government to take N500 billion for palliatives to Nigerians to cushion the pains of subsidy removal.

 

 

House Approves Tinubu’s Request For N500billion on Palliatives

 

The House at the Committee of Supply approved the President’s request after contributions by members of the House who called for proper utilization of the funds for the purpose it was meant for.

 

 

 

 

Members took turns to commend the President for taking a bold step to remove fuel subsidies and showing to Nigerians that he was a listening President.

 

 

 

 

House Leader, Julius Ihonvbare who presented the request to members for debate said the country has a President who listens to the yearning of the people.

 

 

 

Minority Leader Kingsley Chinda however said the proper yardstick to measure a government is whether it is responsible and responsive.

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Professor Fidelis Oditah is Wrong about the EFCC By Dele Oyewale

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Professor Fidelis Oditah is Wrong about the EFCC

By Dele Oyewale

Professor Fidelis Oditah’s recent interactive discussion on a wide range of issues on Arise News, are quite engaging. As a Senior Advocate of Nigeria, SAN and an international legal mind, his views on national issues cannot be disregarded. Benjamin Disraeli, former Prime Minister of the United Kingdom once said, “with words we govern men”. Thus, Oditah’ s words are important and cannot be dismissed as empty effusion lacking weight or impact.

However, the learned Professor’s submission on what he called the Economic and Financial Crimes Commission, EFCC’s three fundamental problems are, to say the least, prejudicial, unfounded and misleading. First, Oditah stated that “The EFCC is often being used for settling many scores. Some are political scores, some are social scores. So, you could run away from your girlfriend and the girlfriend goes to the EFCC and the EFCC could ask you questions(sic). What has that got to do with economic crimes? That is blatant abuse of power”(sic).

How on earth will this kind of a scenario painted by the learned silk hold water? The simplest argument against this kind of effusion is to challenge Oditah to provide proofs of such banality. We all know that this just an idle talk because the EFCC is a serious- minded law enforcement agency. The only worrisome aspect of such a talk is that it betrays an embarrassing lack of grasp of what the EFCC’s focus is.

This issue of appropriate and proper focusing of the mandate of the EFCC has been a central pivot of the three- pronged agenda of the Executive Chairman of the EFCC, Mr. Ola Olukoyede. In the full glare of the entire world, while addressing members of the National Assembly in October 2023, Olukoyede stated that the focus of every fight against corruption was to stimulate growth in the economy. For more than a year now, the EFCC’s boss has been consistently following this route. The review of the arrest and bail procedures of the EFCC is in line with this. Professor Oditah is probably busy with his works as a King’s Counsel in the United Kingdom and have no time to be abreast of development in the EFCC. Olukoyede is a lawyer of high pedigree and would not allow what the learned counsel called “ blatant abuse of power”.

The second “ fundamental problem of the EFCC”, according to Oditah is that “The EFCC has abandoned its mandate and reduce itself to a debt- collection agency, notwithstanding the numerous court decisions saying the EFCC must stay within the narrow confines of financial and economic crimes. The EFCC has gone out for debt recovery”. This submission, again, is hollow and vacuous. The EFCC’s Establishment Act does not empower the Commission to collect debt on behalf of anyone. The recovery the EFCC does is taking back proceeds of crime from fraudsters. Asset recovery, all over the world, is a fundamental law enforcement and anti- corruption initiative. As a matter of fact, it is the ground norm of every anti- corruption fight. To this end, Olukoyede in just one year, recovered  N248,750,049,365.52 (Two Hundred and Forty-Eight Billion, Seven Hundred and Fifty Million, Forty-Nine Thousand, Three Hundred and Sixty-Five Naira, Fifty-Two Kobo).

In foreign currencies,  recoveries of the Commission in the one year of Olukoyede’s leadership are: $105,423,190.39 (One Hundred and Five Million, Four Hundred and Twenty-Three Thousand, One Hundred and Ninety Dollars, Thirty-Nine Cents); £ 53,133.64 (Fifty-Three Thousand, One Hundred and Thirty-Three Pounds, Sixty-Four Pence; €172,547.10 (One Hundred and Seventy-Two Thousand, Five Hundred and Forty-Seven Euros, Ten Cents) and many others.

Going by the quantum of these recoveries, not to talk of real estate recovered all over the country, including shares acquired with proceeds of crime in blue- chip companies, it is simply preposterous to reduce and ridicule asset recoveries to debt recovery. Professor Oditah owes the EFCC and the entire nation unconditional apology in this regard. Just two days ago, a Federal High Court sitting in Lagos granted final forfeitures of over $2million and seven princely properties in choice areas of Lagos to the Federal Government. The assets are proceeds of crime traced to a former governor of Central Bank of Nigeria, CBN. Do such recoveries fall into the category of debt recovery insinuation of Oditah? President Bola Ahmed Tinubu recently directed that N100billion be channeled to the funding of the Nigerian Education Loan Fund, NELFUND and the Nigerian Consumer Credit Corporation, CreditCorp, respectively from the monetary recoveries of the EFCC. Is the Professor aware of all these? It is evident that bringing down the issue of asset recovery to the ridiculous corridor of debt recovery is deliberate caricature of an important anti- corruption framework of the government. This is an initiative which local, regional and international agencies are commending Olukoyede and the EFCC about. It is to be noted also that the Director of FBI and the DG of National Crime Agency in the UK where he resides have paid cortesty visits to Olukoyede commending him on the feat he has attained in the fight against corruption and financial crimes and to seek more collaboration with the agency in their shared mandate of fighting corruption and financial crimes

The third issue Odikah raised against the EFCC, like the earlier issues, again, lacks any firm ground of substance. Hear him:
“The EFCC itself, a number of officers are more corrupt than those they are chasing. So, you remember what happened to Mr Bawa, Mr Matawalle, when Mr Matawalle finished his tenure as governor of Zamfara state and he said he was invited by Mr Bawa to bring $2million so as not to be investigated. The EFCC itself has become a corrupt organisation which needs to be completely disbanded and a new body set up . The EFCC has the resources. It does not have the ethics. The EFCC majors on minor issues, catching students and showing them as cyber criminals and so it says, it procured 1000 convictions and when you look at them they are people who have defrauded people of 20 or 22 dollars. That’s not the mandate. That’s the periphery. The central mandate is to ensure that the resources which are put in the hands of states are used by the states and that’s where the EFCC”

Going through all these trumped- up claims, it is obvious that Oditah has elected to totally launch unwarranted verbal war against the Commission and its officers. How many officers of the EFCC have been tainted with corruption allegations? Is it acceptable to use the “ sins” of very few elements in a community to paint and taint it as a community of sinners? It should be noted that there is no law enforcement agency in the world that is not vulnerable to corrupt officers. What is important is what the agency is doing to such elements. Olukoyede is known for his no- nonsense approach to ethical issues in the Commission. As a matter of fact, upon assumption of duties, he directed every officer of the Commission to declare their assets and ensure that verification of assets so declared is established. He went ahead to name the Department of Internal Affairs as Department of Ethics and Integrity. Beyond all these, some erring officers of the Commission have either been shown the way out or facing trial. In recent times, the Commission has had cause to dismiss some officers on allegations of corruption and gross misconduct. The EFCC is self- cleansing and the Commission deserves commendation for this.

It is worrisome that a Professor of the reputation and exposure of Oditah could dismiss the Commission’s onslaught against internet fraudsters as an unserious engagement. The damages this genre of fraudsters are causing the nation is untold. A crime that has a projection of $10.6trillion loss to the whole world in 2025 and Nigeria lost more than $500million in 2022 alone, is what Oditah derisively lampooned the EFCC about. We have cause to be worried that those who ought to know better are either playing the Ostrich or advertising their ignorance of a major malaise confronting the nation. Owing to the threat of cybercrimes to the development of our country, the EFCC has held two national dialogues on it. The recent one held few days ago at the Presidential Villa. The Professor should know that the EFCC mandate is to investigate all financial and economic crimes and no financial crime is small or big to be investigated in order to save the soul of the nation. It should be recalled that in recent times, the EFCC had had cause to prosecute and file charges against four ex- governors and some former ministers who were found culpable by EFCC’s investigation for looting state treasuries. This is just to confirm that the Commission is not scared of taking up large- scale fraud’s investigations and prosecution which we shall continue to do

There is no denying the fact that the respected professor goofed in all his comments about the EFCC and his views are not reflective of the realities on ground concerning the anti- corruption fight of the government.

On a final note, we enjoin professor Oditah to get himself familiar with the works of the Commission and lend his expertise and rich experience to the nation for a more robust and fully- integrated war against corruption. We also want to advise the fourth estate of the realm not to allow their platforms to be used to cast unfounded aspersions on the good works of the EFCC. The Commission is not averse to meaningful contributions and advise from well- meaning and reform- minded Nigerians to strengthen our processes and procedures as we continue this crusade,

*** Dele Oyewale is Head, Media & Publicity of the EFCC.

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Ijebu Man of The Year Awards: Prince Segun Kaka Set to be Honored for Outstanding Legislative Contributions*

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**Ijebu Man of The Year Awards: Prince Segun Kaka Set to be Honored for Outstanding Legislative Contributions*

 

In a grand celebration of excellence and leadership, the Ijebu Man of The Year Awards is poised to recognize exemplary individuals who have made significant contributions to the socio-political landscape of the Ijebu community. Among the distinguished awardees this year is Prince Segun Kaka, who will receive the prestigious award for his outstanding achievements in legislation.

The ceremony, organized by the National Globe, is scheduled to take place on November 10, 2024. This annual event has become a hallmark of recognition for individuals whose efforts have positively impacted the Ijebu community and beyond. This year, the awards ceremony promises to be a star-studded affair, showcasing the achievements of notable personalities who have dedicated their lives to public service.

Prince Segun Kaka, a prominent figure in local governance, has been recognized for his unwavering commitment to legislative excellence. His contributions have been instrumental in shaping policies that address the needs and aspirations of the Ijebu people. With a reputation for integrity and dedication, Kaka has worked tirelessly to advocate for the rights of his constituents, ensuring that their voices are heard in the corridors of power.

Joining Prince Kaka in this year’s celebration are other eminent personalities, including Chief Dr. Olatokunbo Olukoua, Hon. Amos Oyebannjo Olusegun, Prince Dr. Adesegun Adelaja Adeniyi Adenuga, and Otunba Olajide Adenuga. Together, these distinguished individuals embody the spirit of leadership and service, making significant strides in various fields including education, healthcare, and community development.

The National Globe has emphasized that the awards aim not only to honor individual achievements but also to inspire the younger generation to engage in public service. “We believe that recognizing these outstanding individuals will encourage others to follow in their footsteps and make a difference in their communities,” stated a spokesperson for the organization.

As anticipation builds for the event, the local community is excited to celebrate the accomplishments of these remarkable individuals. The Ijebu Man of The Year Awards not only serve as a platform for recognition but also foster a sense of unity and pride among the people of Ijebu.

Tickets for the event are expected to sell quickly, as many wish to witness this celebration of excellence firsthand. With an impressive lineup of awardees and a commitment to highlighting the importance of community service, the Ijebu Man of The Year Awards is set to be an unforgettable occasion.

As the date approaches, the spotlight will undoubtedly shine brightly on Prince Segun Kaka and his fellow awardees, celebrating their invaluable contributions to the Ijebu community and inspiring future generations to strive for greatness in public service.

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Kingmaker of Muguland: Dr. Banwo Releases Leaked Preview of Highly Anticipated Thriller

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Kingmaker of Muguland: Dr. Banwo Releases Leaked Preview of Highly Anticipated Thriller

Kingmaker of Muguland: Dr. Banwo Releases Leaked Preview of Highly Anticipated Thriller

 

Dr. Ope Banwo has officially released the leaked portion of his upcoming book, “The Kingmaker of Muguland”, one of the year’s most anticipated political thrillers.

A section of the book surfaced on various online platforms days ago, sparking a frenzy of downloads and heated discussions on social media. While it remains unclear how the excerpt was leaked, some speculate it may have happened during the editing process, possibly by one of Dr. Banwo’s staff.

In response, Dr. Banwo has made the leaked portion of the book accessible to the public on the official website [https://www.Kingmakerofmuguland.com/leaked](https://www.Kingmakerofmuguland.com/leaked) to ensure everyone can enjoy an early look at the story.

“The Kingmaker of Muguland” is a high-stakes thriller that examines themes of power, politics, and corruption in the fictional African nation of Muguland. The book, set for global release on November 17, follows the story of Chief Bisola Eleniyan, a masterful political kingmaker whose influence shapes the future of the nation.

Chief Bisola Eleniyan, the novel’s central figure, is a shadowy yet powerful character who controls Muguland’s political landscape from behind the scenes. Far more influential than any elected official, Eleniyan decides who rises to power and who falls, controlling the nation’s direction without ever holding a public office. His return from exile and strategic moves to reclaim power create a gripping narrative that explores the lengths one person will go to hold sway over an entire country.

Kingmaker of Muguland: Dr. Banwo Releases Leaked Preview of Highly Anticipated Thriller

 

The novel delves into the undercurrents of African politics, reflecting real-life struggles with corruption, influence, and ambition that resonate with readers familiar with such themes. Eleniyan, a controversial figure plagued by allegations of corruption and questionable financial dealings, embodies the type of leader who manipulates systems rather than individual politicians, thriving within the fractured political environment of Muguland.

In celebration of the book’s official release, Dr. Banwo will host a virtual launch event on November 17 via Zoom, where the first 100 attendees will receive free print copies. Following the release, “The Kingmaker of Muguland’ will be available at over 60,000 retailers worldwide, including Amazon, Barnes & Noble, and Kobo.

With its timely themes and gripping narrative, “The Kingmaker of Muguland” promises to be a thought-provoking read that captures the intrigue of political power plays and the cost of unchecked ambition.

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