Connect with us

Business

‘Osinbajo is a Figure head, he isn’t in-charge of the country’ – PDP explodes

Published

on

Yemi Osinbajo

 

The main opposition party, the Peoples Democratic Party, says Acting President Yemi Osinbajo is not in charge of the country.

It said actions taken by the Acting President had shown that power was not handed over to him contrary to the claim by the Presidency that ailing President Muhammadu Buhari ceded power to him (Osinbajo) before leaving Nigeria for London on medical trip more than 90 days ago.

Spokesperson for the party, Dayo Adeyeye, who spoke with one of our correspondents on Sunday, wondered why the Acting President had refused to assign portfolios to the two ministers that were sworn in more than two weeks ago.

Adeyeye, who was a former minister of state for works, observed that the action of the Acting President indicated that he was just a figurehead.

He said, “The Acting President is not in charge of the country. He is not in charge of anything. This is why nothing is moving forward.

“How do you explain a situation where two of the ministers who were sworn in after much pressure from the people and the National Assembly have not been assigned portfolios?

“He is not in charge. He is a mere figurehead and cannot do anything. The cabals are still in charge. That is why nothing is moving forward in this country.

“The two ministers are just idle. They have no offices, nowhere to resume to and nothing to do. What is the essence of their being sworn in then? They are ministers without portfolios.

“It is a constitutional breach on the side of the government because each state ought to have a minister each. Now, these two states had been without ministers for long and after you reluctantly appointed them, you refused to give them offices. “

The ministers are Prof. Stephen Ocheni from Kogi State and Mr. Suleiman Hassan from Gombe State.

Twenty days after Osinbajo administered the oath of office on the ministers, they have yet to be assigned portfolios.

Ocheni and Hassan were inaugurated on July 26, 2017, in Abuja.

Their inauguration came after another long delay since May when they were screened and cleared by the Senate.

It also took a resolution and an ultimatum issued by the House of Representatives for the ministers to be inaugurated.

Adeyeye said it was apparent that the All Progressives Congress was not ready to rule, adding that it won the 2015 presidential election in error.

He asked Nigerians to be patient, adding that 2019 would soon come when new elections would be held.

Reps want portfolios for ministers

Meanwhile, Members of the House of Representatives on Sunday called on Osinbajo to assign portfolios to the two new ministers.

Some lawmakers observed that the delay was abnormal and asked Osinbajo to take the necessary action by assigning portfolios to the ministers.

One of the lawmakers, who is from Lagos State, Mr. James Faleke, noted that the ministers seemed to be idle, a development that he said defied explanations.

He also stated that the ministers were appointed on the basis that there were vacancies in the Federal Executive Council to be filled.

Faleke added, “I don’t think that this is the way things should be.

“The 1999 Constitution is specific on the issue of representation of each state in FEC. Kogi and Gombe states were left out for a long time.

“Now that the ministers have been appointed and the Acting President has inaugurated them, they should be given portfolios.

“They were not idle before they were appointed ministers; they were doing something. But, now they are left hanging.

“We urge the Acting President to hasten the allocation of portfolios to these ministers.”

Another member, Mr. Karimi Sunday, recalled that Osinbajo told the nation the day he inaugurated the ministers that they would be assigned portfolios “shortly.”

Sunday told The PUNCH that he did not know how long it would take for the Acting President’s shortly to come to reality.

He said, “It s surprising what is happening these days. It will appear that this government is confused.

“It took months after Ocheni and Hassan were cleared by the Senate for them to be inaugurated.

“There was even a resolution by the House of Representatives for the Acting President to inaugurate the ministers.

“What the Presidency has done is partial compliance with the resolution of the House.

“So long as the ministers have no portfolios, it is still a case of saying no ministers. Nothing really has changed from the situation we had before their inauguration.

“The Acting President knows the right thing to do and he should do it.

“Let him not forget that Nigerians will remember that it was during his time as Acting President that two ministers existed, who had no portfolios.”

However, another member, Mr. Johnson Agbonayinma, said in as much as it was important to assign portfolios to the ministers, not doing so right away did not mean that they were not useful to the government.

Agbonayinma said it was possible that Ocheni and Hassan reported to Osinbajo daily and Osinbajo assigned duties to them to perform.

“Sentiments or complaints should not come in yet.

“Are we sure that the ministers are just sitting at home and not doing anything? Do we know whether the Acting President consults them and assigns some responsibilities to them?

“Let us be cautious for now,” he added.

Ocheni was nominated as a replacement for the late James Ocholi, who died in a car crash.

Ocholi was the Minister of State for Labour and Employment before he passed on.

Hassan, on the other hand, is a replacement for Mrs. Amina Mohammed, the Minister of Environment before she was appointed as the Deputy Secretary-General of the United Nations.

New ministers’ll get duties soon, says Presidency

When contacted on the telephone on Sunday, the Senior Special Assistant to the Acting President on Media and Publicity, Mr. Laolu Akande, said portfolios would soon be assigned to the two new ministers.

He however did not give a specific time that it would be done.

Akande also did not give any reason why the exercise is being delayed.

“Very soon, portfolios will be assigned to the new ministers,” he simply said.

But another Presidency official, who spoke on condition of anonymity, told one of our correspondents that the exercise was being delayed by a major cabinet reshuffle being planned by the government.

He said it would not be proper to assign portfolios to the two ministers now and then effect the cabinet reshuffle shortly after.

“The truth of the matter is that there is going to be a major cabinet reshuffle soon.

“The thinking is that there is no need to assign portfolios to the new ministers now. It will be done soon,” the official said.

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN’S ABUSE OF OFFICE AS NPA MD

Published

on

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN’S ABUSE OF OFFICE AS NPA MD

By BUA Group | May 31, 2025

 

 

We have noted recent public statements made by Ms. Hadiza Bala Usman, the former Managing Director of the Nigerian Ports Authority (NPA), who was sacked from office. In her comments, she accused BUA Group and our Chairman, Abdul Samad Rabiu, of breaching a concession agreement and distorting facts. These claims were made in response to our Chairman’s interview and article, “Two Years of President Tinubu: A Business Perspective” (watch at https://bit.ly/pbatbua), which celebrated Nigeria’s reform trajectory and referenced prior instances of arbitrary disruptions to business operations, without naming anyone – a situation that has now been curtailed by President Tinubu’s no-nonsense approach to bringing sanity and stability to the business environment in Nigeria.

 

 

Ordinarily, we would not engage, but the distortions in her response necessitate this factual clarification, especially as they relate to her actions during her tenure as MD of the NPA.

 

THE CONTRACT AND WHAT SHE OMITTED

In 2006,

BUA entered into a valid long lease agreement with the NPA to rehabilitate and operate Terminal B at Rivers Port in Port Harcourt, Rivers State. Long before Ms. Usman’s appointment, BUA had begun formal engagement with the NPA to address outstanding remedial works and infrastructural deficiencies. These discussions were nearing their conclusion when she assumed office.

 

 

Rather than build on that process, Ms. Usman ignored BUA’s requests and obligations under the agreement. In 2016, BUA wrote to the NPA under Article 8.4 of the lease, mandating concessionaires to report environmental and safety concerns and to seek approval for remedial works. Rather than act constructively, Ms. Usman used that letter as a pretext to issue a termination notice and summarily shut down the terminal, without providing any prior warning, consultation, or invoking the dispute resolution clause.

 

 

She forgot or failed to disclose in her response that the NPA, under her leadership, was itself in material breach of core obligations including, failing to hand over critical portions of the port, leaving derelict iron ore on the berths, failing to dredge or repair quay walls, and neglecting to provide mandatory security. These lapses were significant impediments to BUA’s operations and, as a result, led to disputes between the parties.

 

 

ILLEGALITY, CONTEMPT, AND DISREGARD FOR CONTRACTUAL MECHANISMS

 

After the unlawful termination, BUA approached the Federal High Court, which promptly granted an injunction restraining the NPA from proceeding with termination. The NPA itself then referred the dispute to arbitration, as stipulated in Section 17.3 of the agreement, which clearly states:

 

“Any dispute, controversy or claim… shall be exclusively and finally settled under the dispute resolution process prescribed in this Article.”

 

Despite this, Ms. Usman, against the advice of her agency, unilaterally decommissioned the berths, thereby violating both the agreement and a court injunction. To be clear, the concession agreement granted her no such power to decommission. If she believes otherwise, we invite her to publicly cite the specific clause that authorizes this action.

 

 

To further compound the illegality, BUA, after providing the guarantees and indemnities requested by the NPA, was permitted to resume operations briefly. Merely three weeks later, the terminal was again shut down, this time by Ms. Usman’s instruction. This left no doubt that her actions were motivated not by due process, but by personal animosity and abuse of office.

 

 

BUA subsequently filed contempt proceedings and was looking at estimated losses of over $10 million. These proceedings were only withdrawn out of respect for national interest and following the intervention of well-meaning Nigerians within and outside the government.

 

PRESIDENT BUHARI WAS NOT MISINFORMED—HE ACTED ON FACTS AND LAW

 

Ms. Usman’s claim that former President Muhammadu Buhari was “misinformed” when he reversed her actions is false, disrespectful, and disingenuous.

 

Following a meeting that our Chairman had the privilege of holding with President Buhari in 2018, he presented the matter to the President, who then directed the Office of the Attorney General of the Federation to conduct a thorough legal review and investigate the situation. The AGF invited all parties, including Ms. Usman, to several meetings. We never saw her at any of them.

 

Nevertheless, the AGF proceeded to undertake a comprehensive review of the contract, the litigation, the arbitration clause, and all correspondence and actions by BUA and NPA. The legal advice (attached herewith) found that the termination was unlawful, the decommissioning was without any legal basis, and that BUA’s rights should be reinstated.

 

It was on this basis that President Buhari ordered the reversal of her unlawful actions. His intervention preserved the sanctity of the contract, saved over 4,000 jobs, and BUA’s $500 million integrated investment cluster involving flour, pasta, and sugar processing facilities, which were all dependent on terminal access. For this, we remain deeply grateful to former President Buhari.

 

As our Chairman said in his interview, imagine if he weren’t privileged to have access. Nonetheless, this culture of impunity has been significantly curtailed under President Tinubu’s leadership, as many are aware that they could be dismissed or imprisoned if they abuse their positions.

 

POST-HADIZA: DUE PROCESS RESTORED, INVESTMENT RESUMED

 

Following Ms. Usman’s removal from office, the NPA, under new leadership, implemented the AGF’s position. In 2022, BUA was granted formal approval to resume reconstruction works. The contract was awarded to TREVI, and BUA has since invested over $65 million—entirely self-funded and with no recourse to public funds or subsidies. Work is ongoing, and completion is expected in the first quarter of 2026.

 

THE REAL DANGER: INVESTOR CONFIDENCE AND THE RULE OF LAW

 

We must state clearly that this matter goes beyond BUA. Had Ms. Usman’s actions been allowed to stand, it would have sent a disastrous signal that contracts in Nigeria are worthless, court orders are optional, and public institutions or individuals can act unilaterally without consequence. We must never return to that era.

 

 

Nigeria’s reform success today is rooted in respecting contracts, due process, and investor confidence—principles being restored under President Tinubu’s administration, under which BUA has committed over $1 billion in new investments across energy, food processing, manufacturing, infrastructure, and social interventions.

 

 

We wish to emphasise that Ms. Usman is entitled to her opinions, irrespective of how distorted they may be. However, she is not entitled to distort the facts or rewrite history. We do not seek a public spat and would like her to concentrate on fulfilling her duties in her new role under the strong leadership of President Tinubu.

 

 

We therefore simply restate the facts that Ms Hadiza Bala-Usman had no authority to decommission Terminal B unilaterally. She also acted in defiance of a court injunction and contractual procedure, and her actions caused significant economic loss of over USD10 million, reputational risk to BUA, and investor concern for Nigeria.

 

Our core message remains the same: public office should be viewed as a position of trust rather than a platform for personal biases. Those granted public power need to resist the temptation to let prejudice, ego, and vendetta influence their actions.

 

If Ms Hadiza Bala-Usman believes she acted lawfully, we challenge her to cite the specific clause or clauses that guided her unlawful actions. If not, let the facts remain where they belong — in the public record.

 

Signed,
BUA Group
May 31, 2025

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

Continue Reading

Business

Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

Published

on

Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

From the humble streets of Ise-Ekiti to the boardrooms of global influence, Amb. Tosin Michael Owonifari has carved a path defined by resilience, purpose, and visionary leadership. With roots in education, healthcare, and digital empowerment, he has evolved into a trailblazing entrepreneur and global development advocate. As the founder of T21 Global Group and an AU Agenda 2063 Ambassador, his mission is crystal clear — to build enduring platforms that empower generations across Africa and the diaspora. In this exclusive interview, he opens up about his journey, values, challenges, and the future he envisions for Africa and the world.
Tell us something about your background and academic adventure.? 
I was born in Ise-Ekiti, a town I carry with pride everywhere I go. I started my education in Nigeria and later continued in the United Kingdom, where I obtained a BSc in Oil and Gas Management (Second Class Upper). Over time, I’ve earned professional qualifications in Education, Internal Quality Assurance, Immigration Law, and most recently, I completed a Strategic Leadership & Ethics Programme at Liverpool Hope University. Education has shaped my path and continues to fuel my growth.
How palatable was your upbringing and family rapport?
I come from a humble, values-driven background where faith, discipline, and hard work were the order of the day. My family may not have had wealth, but we had love, structure, and support. That upbringing built the foundation of who I am today.
Were you ever an employee at the beginning?
Yes, and I’m proud of every stage. I started with cleaning jobs, kitchen porter roles, and even factory work when I first arrived in the UK. Later, I moved into tech as a Software Tester, then worked for over a decade in the NHS across roles like Data Quality Analyst, RTT Validator, Hospital Admin, and System Training. These experiences prepared me to understand people, systems, and leadership from the ground up.
What led you into entrepreneurship?
I saw consistent challenges — youth unemployment, digital skill gaps, healthcare staffing issues, and lack of access to global opportunities. I knew I had to act. So, I started T21 Services in the UK, and from there it expanded to Nigeria, and now operates globally as T21 Global Group.
Give us an overview of your companies?
Under T21 Global, we operate three entities:
🔹 T21 Services (UK)
•RTT Validation & Hospital Admin Training (CPD-certified)
•Remote Job Training & Placement
•NHS Workforce Support
•Immigration Advisory & Recruitment Services
•Civil Service Bootcamps & Public Sector Training
•Digital Inclusion Projects (with UK councils)
•Leadership & Ethics Courses (in partnership with universities)
•Diaspora Engagement & Talent Matching
🔹 T21 Consultancy Services (Nigeria)
•ICT Training & Federal Programmes (e.g., 3MTT)
•Remote Job Hubs & Global Talent Export
•Software & Web Development
•Certification & Testing Centre
•Startup Incubation & Innovation Hub
•Government Contracts & Policy Advisory
•Student Recruitment (UK, Canada, Hungary, Poland)
•Event Management & Capacity Building
🔹 Tosin Owonifari Empowerment Foundation (TOEF)
•Leadership Development & Mentorship
•Youth & Women Empowerment
•Community Development Projects
•Grants & Social Welfare Support
•Civic Engagement & Humanitarian Services
These three arms work hand-in-hand to deliver education, empowerment, employment, and investment.
What’s your present workforce at T21 Global?
We currently engage over 150 professionals globally — this includes permanent staff, part-time consultants, freelance trainers, developers, assessors, and remote workers across the UK, Nigeria, Europe, North America, and parts of Africa.
Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI
From Ekiti to the world, how did you break the barriers?
I embraced my origin, not as a limitation but as a source of pride. I combined the values from Ise-Ekiti with global vision. I stayed consistent, kept building relationships, invested in learning, and never gave up — even when doors were shut. Hard work, faith, and purpose broke the barriers.
How easy was it at the beginning?
It was extremely tough. There were moments I had nothing but hope. Rejections, delays, financial struggle — I faced them all. But I kept pushing. I believed that every great vision must pass through the fire before it becomes gold.
How did you overcome the challenges of new terrain that you never anticipated?
I stayed teachable. I listened, partnered wisely, studied new systems, and always stayed open to learning. When I didn’t understand a terrain, I asked for guidance and built relationships with people who did.
Tell us something about your first ever award and how you felt.? 
It was an award for my contribution to youth development and digital inclusion. I was surprised and deeply honoured. It reminded me that even when you think no one sees you, your work is making an impact.
How many awards so far? Or you have lost count?
I’ve been blessed with several meaningful awards:
•Fellowship – Chartered Institute of Information and Strategy Management (CIISM)
•Speak-Up Champion – EKSU Alumni & Student Union
•Outstanding Media Support Award – FIBAN (Ekiti)
•Humanitarian Service Award – 2023
•Ekiti Parapo UK Presidential Award – 2023
•Several others from churches, communities, diaspora groups, and institutions
Every award reminds me to serve better and remain focused.
What’s your source of motivation?
Legacy. I want to build platforms that will outlive me — in people, in policies, and in systems. I’m motivated by the transformation of lives, especially young people who were once overlooked.
Have you ever failed? And how did you get over it?
Yes. I’ve had projects collapse, contracts lost, visa denials, and cash flow struggles. But I don’t let failure stop me. I always step back, learn, regroup, and move forward. Failure is part of the process, not the end of it.
Who is your number one supporter?
My wife, Chief Mrs. Jumoke Owonifari. Her unwavering belief, support, and prayers have been priceless. She’s been with me through every stage, and I’m grateful beyond words.
T21 Global operates on a wider range. How do you cope?
We run with clear systems and trusted leadership across departments. I focus on vision and strategy while my teams handle execution. We use digital platforms, weekly reviews, and regular audits to stay on track across regions.
Your recent Global Award as an AU Agenda 2063 Ambassador — what new terrain is it opening for you?
It’s a gateway to policy, diplomacy, and global development work. As the official AU Agenda 2063 Liaison Officer (UK – Merseyside), I now oversee:
•Investment and diaspora engagement
•Leadership and legislative training
•Talent export and youth development
•Government and NGO collaboration
It’s more than a title — it’s a platform for shaping Africa’s future across continents.
You are gradually becoming a Global African figure. Are you gravitating towards politics in no distance time?
Yes, but not for power — for purpose. I believe public office, when entered with vision and competence, can change lives at scale. If the opportunity comes, I’ll serve with integrity and results, not promises.
Have you been conferred with any chieftaincy title?
Yes, I’ve been honoured with the title of Otunba in an Ekiti community. The official installation will happen soon. I see it as a cultural responsibility to serve, protect, and uplift my people, not just a title.
What new thing is T21 Global cooking?
We are launching:
•A Global Talent Export & Diaspora Registry
•Remote Job Hubs across Nigeria & UK
•A Leadership & Legislative Academy for African public servants
•Diaspora-to-Africa Investment Matchmaking Portal
•Our first Africa Investment & Innovation Summit in the UK
These will shape the future of jobs, policy, and innovation in Africa and beyond.
Who is your hero?
I draw inspiration from values like integrity, service, and resilience — values that have shaped my journey. In global leadership, I admire Dr. Akinwumi Adesina, Barack Obama, and Prof. PLO Lumumba — leaders who lead with courage, wisdom, and a passion for people.
Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

Continue Reading

Business

Fidelity Set to Hold 3rd Edition of FITCC in Atlanta, USA September 2025

Published

on

Fidelity Set to Hold 3rd Edition of FITCC in Atlanta, USA September 2025

 

Lagos, Nigeria – [29 May 2025] — Leading African financial institution, Fidelity Bank Plc, is set to hold the 3rd edition of its flagship market access platform, the Fidelity International Trade and Creative Connect (FITCC) Expo from September 18 to 20, 2025, at the Omni Atlanta Hotel at Centennial Park, Georgia, USA.

In a strategic move to deepen diaspora and transatlantic business linkages, Fidelity Bank is partnering with Amplify Africa, the organizers of AFRICON, the leading African diaspora business and culture summit in the United States. This collaboration brings together two powerful platforms committed to bridging African enterprise with global opportunity.

“Since 2022, when we hosted the maiden edition, FITCC has evolved beyond a platform for promoting Nigeria’s non-oil exports to become a veritable showcase of the immense value Nigeria has to offer the global market.

“As part of our commitment to developing platforms that promote economic growth, creativity, and sustainable trade both within Nigeria and internationally, we are pleased to announce the third edition of FITCC. Since 2022 when we hosted the inaugural edition, the FITCC expo has been at the heart of driving global market access for local businesses and I am delighted that this year we will be in the city of Atlanta, USA,” stated Dr Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc.

Following the success of previous editions in London and Houston, which collectively generated a consolidated deal pipeline exceeding US$500 million, FITCC Atlanta 2025 will convene over 100 Nigerian exporters, alongside U.S. buyers, investors, policy stakeholders, and diaspora-led business networks.

The expo will spotlight strategic sectors including agriculture, consumer-packaged goods, energy transition minerals, fashion, beauty, and the broader creative economy. Programming highlights include business exhibitions, B2B matchmaking, policy dialogues, diaspora investment panels, and curated workshops focused on expanding Nigeria’s access to global markets.

FITCC 2025 is expected to attract over 3,000 participants, including development finance institutions, chambers of commerce, trade facilitation agencies, and multinational corporations. The event is also aligned with ongoing government-led efforts to expand U.S.–Nigeria trade and investment under emerging bilateral frameworks.

Interested participants can register to attend by visiting https://www.fidelitybank.ng/fitcc/#start_registering

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

Continue Reading

Cover Of The Week

Trending