We've no hand in Abia Crisis - FG

vanguardnewspaper

Vanguard Newspaper 4 July 2016

•P.35•P.21

...towards a better life for the people

VOL. 25: NO. 63063

**

MONDAY, JULY 4, 2016

ONLINE | www.vanguardngr.com

We've no hand in Abia crisis —FG

EFCC arrests

Omisore over N1.3bn

NSA cash receipt

11

Revisit 2014

Confab resolutions

now, traditional

rulers tell Buhari

8

N200

5

Govt, militants'

ceasefire in N-Delta

collapses

13

•P.34

C

M

Y

K


2 — Vanguard, MONDAY, JULY 4, 2016


Vanguard, MONDAY, JULY 4, 2016 — 3


4 — Vanguard, MONDAY, JULY 4, 2016


Vanguard, MONDAY, JULY 4, 2016—5

POCKET CARTOON

SYMPOSIUM: From left, Mr Donald Duke, Chairman of the occasion;

Mr Nicolaas Velverde, Managing Director, Nigerian Breweries Plc and Mr

Ted Mukoro, Advertising guru, at the 3rd Nigerian beer symposium, in Lagos.

Photo: Lamidi Bamidele

We've no hand in

Abia crisis —FG

•Asks parties to wait for court decisions

•Ogah planning to kidnap judicial officers, Ikpeazu alleges

•The fight is still on —Ogah

By Anayo Okoli &

Ikechukwu Nnochiri

ABUJA — THE

F e d e r a l

Government, yesterday,

distanced itself from the

governorship crisis

currently rocking Abia

State.

This came as Governor

Okezie Ikpeazu alleged

that there was a plot by

"desparate politicians" to

kidnap judicial officers in

Abia State to swear-in Dr.

Uche Ogah, who was

issued a certificate of

return last week by the

Independent National

Electoral Commission,

INEC.

But Uche Ogah said the

fight to swear him in as

governor of Abia State

was still on and expressed

hope that God would see

him through.

However, the Federal

Government, through the

Attorney General of the

Federation, AGF, and

Minister of Justice,

Abubakar Malami, SAN,

said it never influenced

the INEC to issue

certificate of return to

Ogah.

The AGF, in a statement

by his Special Adviser on

Media and Publicity,

Salihu Isah, urged all the

parties involved in the

governorship tussle to

await the “decision of the

courts” on the matter.

Malami maintained that

so far, nobody had

IT'S UP TO YOU

BY AYO ADIO - 08104802192

THE best way to put limited resources to

maximum utilization is to find a purpose for it

and stick to it religiously.

TAKE HEART

BY ELLA RANDLE- O8084919482

Live for the moment because everything is

uncertain —Louis Tomlinson

GRATITUDE allows us to celebrate the present,

it makes us appreciate the value of what we

have, and when we appreciate the value of

something worthy, we extract more benefits from it;

we’re less likely to take it for granted.

When we embrace the spirit of gratitude, it allows

us to participate more in life. Instead of adapting to

goodness, we celebrate goodness. Gratitude blocks

toxic, negative emotions, such as envy, resentment,

and regret that can destroy our happiness.

SAYINGS OF OUR PEOPLE

E who abhors dog meat should not eat soup

Hprepared with dog meat

approached him to proffer

any legal opinion on the

crisis.

He said: “The attention

of the Office of the

Attorney General of the

Federation and Minister

of Justice has been drawn

to the insinuations and

crass lies being peddled

and disseminated by a

cross-section of Nigerians

and the various media

platforms that the

Honourable Attorney

General of the Federation

is behind the legal logjam

over the Abia State

governorship seat and

wishes to clarify that

those canvassing this

position have no basis to

do so.

“Of particular concern

are those who have

peddled ill-natured

rumours with a view to

misinforming our

discerning populace that

it was the Attorney

General of the Federation

and by extension, the

Federal Government of

Nigeria, that gave

directives to the

Independent National

Electoral Commission,

INEC, to issue Certificate

of Return to Dr.

Uchechukwu Ogah

declaring him governorelect.

“He has definitely not

taken any action either by

spoken words or body

language as far as this

Abia governorship crisis

is concerned.

“I wish to, therefore, on

behalf of my principal,

declare that these rumours

are untrue and a figment

of the imagination of those

pushing these selfish,

shameless and

irredeemable lies into

public space which only

translates to partisanship on

the side of its purveyors.

“As far as the Attorney

General of the Federation

is concerned, the

constitutional powers for

the legal opinion of his

office have not been

invoked on this issue.

“So far, nobody has

approached him to proffer

any legal opinion to it. As a

strong believer in the rule

of law, it is his belief that

the law should naturally

take its course

“The Honourable

Attorney General of the

Federation will not be

dragged into this

controversy and mindgames

being played out by

the various legal minds and

spin doctors of both camps

at this point.

“The parties involved

should await the decision

of the courts.

“In fact, we wish to, by

this statement, advise those

in the habit of dragging the

highly esteemed Office of

the Attorney General of the

Federation and Minister of

Justice into knotty issue of

this kind even when it is

yet to take a position. They

should desist from these

unwarranted presumptions

henceforth.”

Justice Okon Abang of

the Federal High Court in

Abuja had on June 27,

sacked Governor Ikpeazu

of Abia State from office

over alleged tax fraud.

Aside ordering him to

immediately vacate his

office, the court further

directed INEC to issue a

fresh certificate of return

to Dr. Ogah, who came

second in the primary

election of Peoples

Democratic Party, PDP,

that produced Ikpeazu.

Though INEC had since

issued certificate of return

to Ogah, another court in

Abia State, however,

restrained the Chief

Judge from swearing him

in.

Plot to kidnap

judges

Meanwhile, Governor

Ikpeazu has alleged that

there was a “plot to

kidnap judicial officers in

Abia State” to swear-in

Ogah.

Ikpeazu’s allegation

came on the heels of the

position of Ogah that the

refusal of the state’s Chief

Judge, Justice Theresa

Uzokwe, to swear him in

as the duly elected

governor of the state was

an affront on the rule of

law.

I never absconded

from office —CJ

But the judge has said

that she never absconded

from duty to avoid

swearing in Ogah as

governor of Abia State,

insisting that she was in

office on Thursday, June

30, 2016, till 4.30 pm.

A statement by the

Acting Chief Registrar,

Abia State Judiciary, Mrs.

Vicky Analaba, said: “The

attention of the Chief

Judge of Abia State,

Justice Theresa

Uzoamaka Uzokwe, has

been drawn to various

spurious and mischievous

reports alleging that the

Chief Judge absconded

from her duty post on

Thursday, June 30, 2016,

to avoid swearing in Uche

Ogah as Governor of Abia

State.

“Contrary to the

allegations of cowardice

by mischievous

politicians, the Chief

Judge, was in her office

throughout the working

hours on Thursday, June

30, 2016 from 8:30 a.m. till

4:30 p.m.

“For the avoidance of

doubt, on Thursday, June

30, 2016, the Chief Judge

was in her court room

performing her lawful

duties, including the

delivery of four rulings on

that date.

“The particulars of the

ruling in question are:

HU/35CM/2015 Francis

Akor vs the State; HU/

ICM/2016-Johnson

Asiegbu

vs.

Commissioner of Police,

HU/42CM/2016-

Onyekachi Samuel vs.

Commissioner of Police;

HU/34CM/2016-Lucky

Sampson vs. the State.

“These facts are

verifiable and in the

records of the court. The

various lawyers who

appeared in the

respective suits listed

above are also living

witnesses.

“This press release has

become necessary in

order to avoid further

mischief and to set the

records straight.”

Raising the kidnap

alarm, Ikpeazu, in a

statement by his Chief

Press Secretary,

Enyinnaya Appolos, said:

“The state government

has uncovered plots by

desperate politicians to

kidnap judicial officers in

the state.

“We call on security

agencies in the state to

increase surveillance and

protection services

around all judicial officers

in the state.

“We wish to warn those

involved in this plot to

desist from their nefarious

activities as the

government will not

hesitate to apply the full

weight of the law against

them.

“We also call on Abians

to be vigilant and report

any suspicious

movements around them

to the security.”

Ogah had accused the

Chief Judge of Abia State,

Justice Theresa Uzokwe

of constituting “an affront

on the rule of law” by

refusing to swear him in

as duly-elected governor

of the state,” saying the

action was capable of

undermining the peace

and stability of the state.

According to him, the

stay of execution of order

secured from an Abia

High Court in Osisioma

has no force of law as the

court has coordinate

jurisdiction with a

Federal High Court.

“A High Court in Abia is

Continues on page 7

Mr & Mrs

C

M

Y

K


6—Vanguard, MONDAY, JULY 4, 2016

08023019505

08034073107

6 killed, 12

injured in

Kogi road

crash

By Boluwaji

Obahopo

L OKOJA—SIX

persons were

reportedly killed on

Saturday, while 12 others

were injured in a

ghastly motor accident

that occurred along

Anyigba-Ajaokuta Road

in Kogi State.

Vanguard gathered

that the accident, which

involved a Toyota

bumper bus with number

plates MKD 841 XA and

a Golf car with number

plates LKJ 335 CV,

occurred at Ojuwo-Olijo

in Ofu LGA of the state.

Confirming the story,

Assistant Corps

Commander of the

Federal Road Safety

Corps, FRSC, Mrs

Amobi Stanley, said the

accident occurred

Saturday afternoon.

According to her, the

dead passengers have

been deposited at Rima

Hospital, Anyigba, while

the injured are receiving

treatments at the same

hospital.

She attributed the

cause of the accident to

dangerous overtaking.

3 die as

army,

hoodlums

clash in

Rivers

By Jimitota

Onoyume

PORT HARCOURT—

ABOUT three persons

were feared dead with

several others sustaining

gunshot injuries,

weekend, when soldiers

engaged hoodlums in a

gun battle in Tai Local

Government Area of

Rivers State.

A statement from the

spokesman of 2 Brigade,

Captain Lazarus Eli, said

the hoodlums blocked the

East-West Road portion of

the local government,

terrorising motorists.

He explained that

soldiers had to move in

to clear the road, adding

that the activities of the

hoodlums made the army

to relocate its free medical

programme slated for

Bori, headquarters of

Khana Local Government

on Saturday, to Eleme

Local Government Area.

30-yr-old man rapes neighbour's son

By Esther Onyegbula

A

certain Prince Ovivare,

who allegedly defiled a

neighbour’s four-year-old son

(names withheld), is being

investigated by officers at the

Aguda Divisional Police

Station, Lagos State.

It was learned that the

incident took place, Wednesday

afternoon, when the boy

returned from school. He

emerged from the

neighbour’s room, when his

mother called him, only to

reveal that the suspect “put his

wee wee inside my bum bum.”

According to the victim’s

mother, “normally, my son

stays in the Headteacher’s

house after school, when I am

not through with my work. So

By Tom Moses

UYO—THE Akwa Ibom

State Police Command

paraded members of a threeman

gang that specialised in

hypnotising and raping of

women in the state.

Parading the suspects, James

Etim, Utibe Archibong and

Mberebong Peter at the state’s

Police Headquarters, Ikot-

Akpan Abia, Uyo, the state’s

Police Public Relations Officer,

Cordelia Nwawe, said the

suspects were arrested on June

11.

She said: “This is what we

consider a crime against

humanity because when you

are engaged in sex with another

person without the person’s

consent, if the person is

underaged, it is defilement and

if she is of age, it is rape.”

Vanguard gathered that the

gang usually picked up victims

by disguising themselves as

when we came home, I gave

him food and bathed him.

After sometime he said

‘mummy I want to go outside

and play’. Since I was still

busy with cleaning, I

allowed him.

“After sometime, when I

did not hear his voice, I

came outside and shouted

his name. He ran out from a

neighbour’s room. I asked

him what he was doing

there. He said Brother

Prince was kissing him and

put his wee wee inside his

bum bum. I checked my son

and he had some bruises on

his buttocks.

“I rushed to Aguda Police

Station. They took my

statement, asked my son

questions and he kept

commercial tricycle operators.

One of the supposed

passengers would speak in a

foreign language, claiming

to be a foreigner, who came

to the country to sell goods.

He would then ask for help

from other passengers to

enable him sell the goods,

promising to give them

laptops and phones in return.

Once the victim indicates

interest, she would be taken

to an unknown destination

where the goods are

supposed to have been

stored.

They would then extort the

unsuspecting victim and

gang rape same.

Mberebong Peter, the

driver of the tricycle, denied

being a member of the gang

but admitted to “only act as

the driver that takes them

around town to commit the

crime and get my share of the

money at the end of the

repeating the same thing.

Then police referred me to

Mirabel Centre at Ikeja

Teaching Hospital.

“The next morning, I took

my son to Ikeja and the

doctors did some tests. After

examining him, they

confirmed he was indeed

assaulted.

“At the hospital, they gave

me some drugs and said

they should make sure that

the suspect is arrested. I went

back to the station and came

with police to arrest him.

“I want relevant agencies

to come to my help for

justice. I need justice for this

wickedness done to my child.

My son is traumatised. He

told me the suspect said he

would kill him (my son) if he

operation.”

A victim

narrates experience

One of their victims, a

student of the University of

Uyo, (names withheld) said:

“When they asked me to go

and bring money for cleansing

and I told them I did not have

any money, they said I should

get to my hostel and bring to

them anything like phones,

laptops and jewelleries.

“They warned me not to tell

anyone or I would die,

told me.

“I have not been able to

sleep for days now. I cannot

even eat. How could this

human being be this wicked?”

Vanguard gathered that the

victim and his mother live

alone as his father is not in the

country.

Confirming the incident,

Lagos State Police Command

spokesperson, SP Dolapo

Badmos, said the case was

reported and that the boy was

taken to Mirabel Centre by the

mother and the IPO.

She said the suspect, Prince

Ovivare, is in custody as police

are awaiting the result of the

test from Mirabel Centre.

Meanwhile, the case will be

transferred to the command’s

gender desk today.

Police bust 3-man gang of robbers, rapists in A’Ibom

•They said sleeping with me is for cleansing, Uyo Varsity student

By Perez Brisibe

OGHARA—DELTA State

Polytechnic, Oghara,

community has been thrown

into confusion following the

discovery of the dead body of

a female student of the

The Deputy

Governor of Zamfara

State, Malam Ibrahim

Wakkala-Muhammad

(2nd right),

presenting food items

to the less-priviledged

to mark Sallah in

Gusau, yesterday.

NAN PHOTO.

knowing if I told someone, I

would be advised not to go back.

“When I returned and could

not get enough as they

requested, they said they would

have to cleanse me by having

sex with me. I was already very

scared. Two of them raped me.”

The police spokesman,

Nwawe, advised members of

the public, particularly ladies,

to be careful while boarding any

tricycle within the state, and

assured that the command

would not relax until the state

was rid of criminal elements.

Mystery as Delta Poly stud

Department of Statistics of the

institution at the staff quarter’s

junction.

The student, simply identified

as Toju, was found dead

Saturday morning with a

handbag containing her

personal items.


Police patrol car kills okadaman in Benue, colleagues run riot

By Peter Duru

M AKURDI—ANGRY

commercial motor cycle

operators (okadamen),

yesterday afternoon, burnt a

police patrol vehicle in Makurdi,

Benue State capital, after one of

their members was allegedly

crushed to death by a police car.

Vanguard learned that the

police patrol team was on a

routine assignment few metres

from the Makurdi Federal

Secretariat, when the vehicle

By Esther Onyegbula

Asuspect, Samuel Adebeshin,

arrested by operatives of

Rapid Response Squad, RRS, of

Lagos State Police Command, in

connection with stolen vehicles,

said he knew the cars were

stolen, but never thought he will

be caught.

The suspect, married with two

wives and seven children, said

he had built two houses: two flats

and an eight-room bungalow

with proceeds from the business

of buying and selling stolen cars.

The RRS operatives traced a

Toyota Corolla stolen from Ikeja

Business District to a compound

in Kobape, Abeokuta, Ogun

State, belonging to a car dealer.

It was gathered that the car,

with number plates, KRD 759,

belonging to Mrs. Olaitan

Lawal, was removed from the car

park during a church

programme.

The RRS surveillance team

moved to Abeokuta that same

night, which led to the arrest of

two suspects, who have

confessed their connections with

the recovered Corolla and seven

other stolen cars presently at the

RRS headquarters.

The suspects, Samuel

Adebeshin, 56, who lives at 13

Kobape Road, Abeokuta, and an

accomplice, Adeyemi Kamoru,

50, repeatedly maintained that

the eight vehicles found with him

were all stolen at different

locations in Lagos.

Suspect’s account

Samuel Adebeshin 56 said: “I

have been in auto business for

30 years. I know all these cars

brought to me were all stolen, but

I thought I was safe enough here

in my palatial compound.

“Two years ago, I met Kamoru

Adeyemi. He was the middleman

ent is found dead

Although details of the incident

was still sketchy at press time, a

female student of the same

department told Vanguard that

the victim had planned

attending the beauty pageant

organised as part of the

institution’s students’

accidentally knocked down the

commercial motorcycle rider,

who died instantly.

According to an eyewitness,

“the police patrol Peugeot car

was conveying police officers,

who were on routine patrol,

when they crushed the

okadaman to death. His

(female) passenger, a staff of

Benue State University

Teaching Hospital, sustained a

fracture.

“What angered the people was

that police refused to take the

celebration.

According to the source, who

spoke on condition of anonymity,

the victim, who resides in Benin

with her parents, was found

dead in the early hours of

Saturday with whitish substance

oozing from her mouth.

victims to hospital despite

being responsible for the

accident. Few minutes later,

sympathisers called officials

of the Federal Road Safety

Corps, FRSC, who took both

the dead and injured to the

hospital.

“It was the careless attitude

of the Police that sparked the

angry reactions from other

okada riders, who mobilised

and burnt the patrol vehicle

and also attempted to match

to the nearby ‘B’ Division

Vanguard, MONDAY, JULY 4, 2016—7

08023019505

08034073107

FG not behind Abia gov crisis —AGF

Continues from page 5

a court of coordinate jurisdiction

with a Federal High Court and

so any order given by such

court to contradict an earlier

order of the same court is ipso

facto null and void. It is only a

higher court that has the legal

capacity to reverse the earlier

order or judgment,” Ogah was

quoted as saying through his

Special Adviser on Public

Communications, Monday

Ubani.

Abia PDP accuses Ogah of

nursing unbridled ambition

On its own, Abia State

chapter of Peoples Democratic

Party, PDP, has accused Ogah

of nursing “unbridled ambition”

and alleged that he was plotting

to kidnap judicial officers to

swear him in as governor of the

state.

A statement by the party’s

Publicity Secretary, Chief Don

Police station in the area.

“However, their move was

checked, as policemen fired

tear-gas canisters to disperse

the angry youths.”

It was gathered that though

calm had returned to the

community, police had

drafted personnel to the area

to maintain the peace.

When contacted, the Police

Public Relations Officer,

Assistant Superintendent

Moses Yamu, who confirmed

the incident, said peace had

returned to the area.

I built two houses with proceeds

from stolen car business— SUSPECT

The suspects and some of the recovered cars.

between me and the car thieves.

He was the one who introduced

Alhaji Tajudeen and one

Honourable, both still at large,

to me as car dealers and crossers

from Benin Republic.

“Later on, I discovered that

they were car snatchers from

Lagos. At this point, I could not

back out from the deal.

“Any time they bring cars to

me, it was Adeyemi who I give

money to pay them because I

did not want people to identify

me with them.

“In 2014, I bought one Honda

from them for N300,000, but its

market value was around

N900,000 then. The money was

given to Adeyemi. I sold the car

for N450,000 six months after.

Also, in January 2015, I bought

another Honda Accord 2000

model from them; I also paid the

thieves through our middleman,

Adeyemi.

“I built my first house, an

eight-room bungalow in 2006,

and the second one, two flats

in 2015, where I keep the

stolen vehicles as they arrive

from Lagos.

“Once they bring the cars for

me, we repaint it, change their

number plates and chassis

numbers, and take them to

neighbouring countries for

sale. Occasionally, I sold to

people at my car mart, S. Aro

Motors, situated at 1, Kuto

Road, Isabo, Abeokuta.”

Ubani, stated: “The Peoples’

Democratic Party in Abia State

has frowned on the reports

making round in the state that

a certain desperate politician in

the state, whose illegal efforts

to seize power from the back

door which has been frustrated

by decent application of the rule

of law, is now directing his evil

machination towards

kidnapping judicial officers in

the state with the hope of

intimidating them in order to

have access to power that he

did not canvass for.

“The party has equally taken

cognizance of the inordinately

ambitious politician’s plot to

kidnap some top functionaries

of the party in the state.

According to intelligence

available to the party, the

political desperado is

embittered with the state

executive of the party for not

coming out to support his acts

of illegality.

Okadaman

kidnaps

19-yr-old

girl in Ondo

By Dayo Johnson

AKURE—A 19-yearold

secondary school

student, Moyinoluwa

Abdukareem, was

weekend kidnapped by a

commercial motorcycle

operator, okadaman, in

Owo, Ondo State.

Meanwhile, in Ilara,

Ifedore council area of the

state, policemen are

battling to unravel the

mysterious disappearance

of two siblings, Dapo and

Olajuwon Babatobi.

Dapo, who is nine yearold

and Olajuwon, seven,

were declared missing last

Wednesday by their

grandmother, Mrs.

Fadekemi Falodun.

Meanwhile, Vanguard

gathered that

Moyinooluwa, who was

kidnapped in Owo, sat

for NECO examination

last Friday. She is the

daughter of a farmer.

The victim, reportedly

asked the okada operator

to take her to one of the

new generation banks in

Owo, but instead was

drugged and abducted.

Narrating how her

daughter was kidnapped,

the father, Bola

Abdulkareem, said

Moyinoluwa, who was

allowed to speak with him

from the kidnappers den,

said she did not know how

she got to the place.

He said the matter had

been reported at Owo

Police “A” Division.

“The party, therefore, cautions

the politician that is involved in

this sacrilegious and bloody

shenanigan to quickly retrace his

nefarious steps as the likely

consequences of his devious

desires and mischievous plots

would compound his imagination

and would only leave him with

regrets that may not be redressed

or even corrected in his life time.

“The party wishes to remind

him that he who throws stones

into a crowded market should not

forget that his loved ones could

end up being the victims of his

action.”

The fight is

still on —Ogah

Speaking, yesterday, on

developments, Ogah said the

fight to swear him in as

governor was still on, adding

that he was hopeful that God

would see him through the

fight, adding that this was not

the time to talk much.


8—Vanguard, MONDAY JULY 4, 2016

Revisit 2014 Confab resolutions now, traditional rulers

tell Buhari … say Boko Haram measure should be extended to herdsmen

By Emmanuel Elebeke

ABUJA—THE Council of

Traditional Rulers of

Nigeria has called on President

Muhammadu Buhari to revisit

resolutions of the 2014 National

Conference to adequately

address the incessant and

diverse regional violence and

agitations in the country.

The Council gave the advice in

a communiqué issued at the end

of its 9th National Development

Summit, in Abuja, weekend.

It frowned on the violent issues

that had been the foremost

undoing of the nation’s

advancement and urged the

President to revisit the Confab

report, with a view to finding

lasting solutions to them.

The Council also challenged the

President to demonstrate the same

political will he exhibited against

Boko Haram in tackling both the

undercarriages and wheels

propelling incessant bloody

clashes between herdsmen and

FIRS reopens

HFP

engineering

THE FEDERAL Inland

Revenue Service,

FIRS has unsealed HFP

Engineering Nigeria

Limited. The decision

followed the resolution of

the tax liability issues that

led to the sealing of the

company’s office last

Wednesday.

In a statement, the Lagosbased

construction

company, noted that after

both organisations' fruitful

deliberation on all issues

involved, an amicable

resolution was reached,

leading to the immediate

unsealing of its company

premises and resumption of

business activities.

The management of the

company also restated its

commitment to being a

responsible corporate

citizen.

THE MANAGEMENT of

National Insurance

Commission, NAICOM, and its

staff, under the aegis of

Amalgamated Union of Public

Corporations, Civil Service

Technical and Recreational

Service Employees, AUPCTRE,

are at daggers drawn over

alleged non-implementation of

the 14-point agreement months

after the intervention of the

Ministry of Finance. Vanguard

investigations revealed in

farmers, and innocent

communities in various parts of

the country.

The Council, which

commended the President for

demonstrating the power to crush

Boko Haram in the North Eastern

part of the country and minimize

corruption in the polity, objected

to the idea of allocating lands to

herdsmen for grazing reserves,

but urged Federal Government to

establish ranches only where

necessary across the country.

The communique read: “The

Federal Government should

revisit the resolutions of the 2014

National Conference in order to

adequately address issues of

OANDO PLC, Nigeria’s

leading indigenous

energy group listed on both

the Nigerian and

Johannesburg Stock

Exchange, yesterday

announced unaudited results

for the three months period

ended 31 March, 2016, with

profit after tax standing at

N4.1 billion.

The results were delayed

due to an exhaustive audit

process overseen by external

endless diverse regional violent

agitations in the country, a

situation that has been the

foremost undoing of our national

advancement.

“We want the President to

demonstrate the same political will

he demonstrated against Boko

Haram, so that it will reflect in

halting both the undercarriages

and wheels propelling incessant

bloody clashes between herdsmen

and farmers in various parts of the

country, as insecurity is a critical

factor militating against

agricultural development.

‘’Government should intensify

efforts to revitalize agriculture

through elaborate funding and

auditors, Ernst & Young, and

extension approvals sought

and received by Oando from

the Securities and Exchange

Commission, SEC, and the

Financial Reporting Council,

FRC.

The company’s Q1 results

are a welcome contrast for

investors and shareholders

alike, following Oando’s

dismal 2015 financial

performance which was

significantly impacted by

By Victoria Ojeme

A BUJA—CHAIRMAN,

Senate Committee on

Foreign and Domestic Debts,

Senator Shehu Sani, has praised

the Communist Party of China,

CPC, describing it as a “role

model” for political parties in

Nigeria.

Oando bounces back from loss with N4.1bn profit after

tax

Abuja, yesterday, that

negotiations between the union

and the management hit the

rock over the delay by the

insurance regulator to treat the

contending issues agreed upon

by both parties with the

attention they deserved.

The Commissioner for

Insurance, Alhaji Mohammed

Kari, at the meeting held with the

workers last Tuesday, announced

to the union that 10 of the 13-

point agreement had been

resolved, while one was

ongoing.Kari said NAICON

partnered the Federal Road Safety

provision of vital implements.

‘’Traditional rulers should be

visibly involved in

encouraging their subjects to pay

Sen Shehu Sani lauds China's

Communist Party model

VISIT: From left, Hon. Emmanuel Ekong, Chairman, Committee on Local Contents, House of

Representatives; Dr. Timi Austen-Peters, Chairman, Dorman Long Engineering Ltd, and Hon. Jones

Onyereri, Chairman, Committee on Banking & Currency, House of Representatives, during a visit by

House Committee on Local Contents to Dorman Long Engineering, an oil & gas construction,

manufacturing and infrastructure projects engineering company, in Lagos.

impairments and foreign

exchange pressures.

Commenting on the

development, the company’s

Grouip Chief Executive

Officer, Mr. Wale Tinubu, in

a statement, highlighted the

company’s drive to ensure

profitability going forward.

He said: “This first quarter

of 2016 demonstrates our

dedication to return our

business to profitability by the

end of the 2016. We have

NAICOM, workers' union disagree over unimplemented MoU

By Favour Nnabugwu

Commission, FRSC, on drivers’

promotion, adding that that of the

senior members of staff was

underway.

The contending issues agreed

to be implemented by the

commission on March 22, 2016,

are non-adherence to

government circulars, lack of

transparency , staff recruitment

and confirmation, inadequate

working tools, security issues,

payment 87 promotion arrears,

conduct of promotion exercise,

non release of 2014 promotion

letters to two staff, confirmation

and promotion of drivers, unionmanagement

relationship,

medical assistant to staff, staff

training and development, three

demoted staff and victimization

Clause.

“We have agreed to finish

promotion exercise by 1st of July

and the magic in that date is to

ensure that nobody suffers arrears

issues because we were guided

at that time by a policy that says

you cannot earn arrears for more

than six months. Unfortunately,

our internal processes have

lagged on and have brought the

issue and till date, it is still not

resolved.

taxes and avoid deliberate

destruction of government

property in their domain."

The lawmaker, who also

doubles as Vice Chairman,

Senate Committee on Foreign

Affairs, was speaking during the

commemoration of the party’s 95th

anniversary in Abuja.Sani said

the fact that CPC had not only

survived for over nine decades

but also played a leading role in

the socio-political and economic

development of China should be

an inspiration to all.

He, therefore, advocated that

political perspective in Nigeria,

and, indeed, Africa, should be

guided by principles and

ideology, noting that parties in

the continent could not last

because they were not founded

on ideology.

”We should found parties based

on ideologies and ideals.

Parties must not be an

extension of an individual’s

interest. ‘’It should collectively

represent our interest and also be

a platform for the pursuit of our

common goals,” he said.

He said having political parties

with no clear ideology made it

easier for an individual to be a

member of one party in the

morning and become member of

another in the evening. This, he

noted, hindered political

development in the country.

implemented constructive

corporate initiatives which are

driving forces for our business

in this new global reality of

economic restraint and lower

oil prices in our industry.

‘’The successful and ongoing

implementation of these

initiatives reiterates our

strategy of Growth,

Deleverage and a return to

Profitability by the end of 2016.

As a group we have placed our

focus on growing our upstream

higher margined business

while still holding

fundamental interests in the

midstream and downstream

sectors.

‘’We look forward to a

rewarding year, where we

solidify our aspirations and

return to profitability”.

As oil prices gradually

increased, Oando commenced

2016 with a reinvigorated

strategy hinged on key

corporate initiatives to drive the

company back to profitability

and ensure fiscal efficacy. To

optimize its balance sheet the

company focused on aggressive

debt reduction and

recapitalisation.


Vanguard, MONDAY, JULY 4, 2016—9

FORGERY ALLEGATION: Court ruling has vindicated

us—SENATE

By Henry Umoru &

Joseph Erunke

ABUJA—THE

Senate,

yesterday, said it had been

vindicated by last Thursday’s

ruling of a Federal High Court

in Abuja, presided over by Justice

Gabriel Kolawole, which

described the forgery case filed

against its presiding officers as

an abuse of court process and a

decision taken against public

interest.

In a statement by its

spokesman, Senator Aliyu Sabi

Abdullahi, the Senate said the

ruling by Justice Kolawole

further confirmed that Mr.

Abubakar Malami, the Attorney

General of the Federation, AGF,

and Minister of Justice, was

acting out a personal and

partisan script in filing the

charges, while simply abusing

his position as the nation’s chief

law officer.

Malami's personal and

pecuniary interest

It asked Malami to address the

issue of his personal and

pecuniary interest in the case as

he was a counsel to the aggrieved

senators who decided to

externalise the issue of election

of the leadership of the upper

chamber of the National

Assembly after they failed in their

bid to get their preferred

candidate elected.

The Senate said: “It has now

become obvious from the ruling

of Justice Kolawole and in the

facts of the matter before the

Federal High Court, Malami

was the one who advised his

clients to report the matter to the

Police and now that he has

become AGF, he decided to use

his constitutional powers to

pursue private interest by filing

a criminal case in the FCT High

Court against the subsisting

ruling of a court of co-ordinate

jurisdiction.

“ When the Senate invited the

AGF to come and throw light on

the forgery case, it was not to

challenge his right to file, take

over or discontinue any

criminal case but for him to

explain the issues of conflict of

interest, abuse of office,

disrespect of a subsisting order

of a court and violation of the

principle of separation of powers

Envoys

kidnap, bad

signal for

Nigeria

— AMB DAHIRU

US won't allow Nigeria's stolen fund laundered through its banks

—AMBASSADOR

By Victoria Ojeme,

with agency report

ABUJA—UNITED States

Ambassador to Nigeria,

James Entwistle has reaffirmed

his country’s commitment to

assist Nigeria fight corruption

and ensure that no stolen funds

are laundered through its

banking system.

Police officers petition Buhari, NASS over non-payment

of promotion dues, others

By Kingsley Omonobi

ABUJA—SENIOR officers

in Nigeria Police Force

have petitioned President

Muhammadu Buhari and the

National Assembly, NASS, over

non-payment of promotion dues,

death allowances and pension

arrears, despite efforts made to

get them paid.

This came as the Budget Office

wrote Ministries, Departments

which are being raised against

him.

“When his supporters jumped

up and started abusing the

Senate over the invitation, we

know that our stance that an

Attorney General, and, indeed,

any public officer for whose office

public funds are appropriated

can be invited by the Senate and

the House of Representatives to

explain certain issues, is on firm,

constitutional ground.

Revelation from

court's ruling

‘’That is in spite of the fact that

the AGF is responsible to the

President who appointed him.

Now, the revelations from the

ruling of the court of competent

jurisdiction have shown that this

AGF has a lot to explain to the

public, if not to his appointor.

“It says a lot about an AGF

who, despite being aware that

the court had ordered him and

and Agencies, MDAs, to

produce comprehensive details

of arrears for government’s

action .

Towards this end, a circular

with reference number BD/2000/

EXP/Shortfall 2016, requesting

for comprehensive list of arrears,

has been sent from the Budget

Office to all ministries for prompt

response.

Indications to this effect came

out following Vanguard,

the Inspector of General of Police

not to take any further action on

the matter during the pendency

of the civil suit still, went ahead

to initiate the criminal case on the

Police report which is the subject

of the civil case.

‘’The judge rightly described

Malami’s action as desperate

haste that was not in public

interest.

“It should be noted that

Malami’s name is still on the list

of lawyers defending Senator

Suleiman Hunkuyi and others in

the Federal High Court. We invite

all Nigerians, including those

shouting over whether it was right

for Senate to invite the AGF or not,

to read the ruling of Justice

Kolawole and conclude whether

Malami is still fit to be AGF in a

government which canvasses

change and rule of law.

“Our position as a law making

chamber is that the Office of AGF

is a sensitive and strategic one

Entwistle stated this at the 240th

U.S. Independence Anniversary

celebration cocktail party in Abuja.

“As you fight corruption, we offer

technical assistance, training for

investigators and prosecutors, and

a commitment to ensure that no

stolen funds are laundered

through our banking system,” he

said.

investigation of some of the

petitions which showed that for

years, thousands of workers in the

civil service, foreign service and

other parastatals, including

security agencies, had been

denied either their legitimate

retirement benefits or pension

arrears.

“The amount involved is said to

be in several billions of naira but

in the anti-corruption drive of the

present administration, efforts will

be made to ensure the monies

owed the workers are genuine and

being the only other office in the

executive arm apart from that of

President and Vice President to

which the constitution specifically

assigns some roles and powers.

‘’We call on him to respect the

ruling of the court and to redeem

the integrity of his office and

admit his error by invoking his

power under Section 174 (1) as

noted in the ruling of the

honourable judge."

“In conclusion, the Senate is

calling on all parties, Mr.

Malami, the Attorney General

inclusive, to heed the wise, timely

and apt advice of former Vice

President Atiku Abubakar that 'it

is time to move on.'”

‘’Truly, Nigeria needs our

collective energy to address the

various challenges, notably

increasing poverty, hunger, youth

unemployment, general

insecurity and kidnapping,

among others, which are time

bombs that we can only ignore at

our own collective peril.”

From left:

Foremost

historian, Pa

J.O.S

Ayomike

and Chief

Victor

Nanna,

eldest son of

Nanna and

Olare-Aja of

Koko,

during the

Chief Nanna

Olomu

Centenary

Remembrance

at his

home,

yesterday.

Photo: Egufe

Yafugborhi.

The envoy, while commending

Nigeria for improving its business

climate, called for expanded trade

and investment, pledging U.S.

readiness to attract investors to

develop Nigeria electricity sector.

“As you continue privatisation

of the power grid, through

President Obama’s Power Africa

initiative, we stand ready to help

not padded,” a source said.

Petitioners

The petitioners said: “It has

never happened in history that

arrears of promotion in an

organisation exceed one calendar

year. There are usually no carry

over to another year as budget for

the next year usually capture

indebtedness of the past year.

“The promotions in the Police

force have become mere

decoration rather than

remuneration."

By Victoria Ojeme

A BUJA—RETIRED

Ambassador Suleiman

Dahiru has condemned the

kidnap of Sierra Leonean

Deputy High Commissioner

in Nigeria, describing it as a

bad signal.

Ambassador Dahiru, who

has served in Brazil, Angola,

United States of America,

Poland, Ivory Coast, Austria,

Sudan and Pakistan, said:

"Let’s agree that foreigners

have been kidnapped but the

difference here is that he is a

diplomat.” Many countries

will now advise their diplomats

to be careful of their

movements in Nigeria and it

is not supposed to be so.

’’Diplomats are supposed to

know the states and capital of

duty of assignment; they are

not suppose to remain in the

capital of that country alone.

Let me also say this, knowing

fully well the security challenges

Nigeria is facing, even on our high

ways, why should an Ambassador

be going for an event without Police

security?’’ he argued

The Ambassador, who was

kidnapped in the early hours of last

Friday on his way to Kaduna to

honour an invitation for a military

function, sent a note to the Ministry

of Foreign Affairs early Friday on the

issue.

In another development, the

Federal Government has concluded

plans to close down some of its

missions abroad.It will be recalled in

some recent reports that many

Nigerian missions abroad could hardly

pay their staff rents and children's

school fees.

companies invest in building more

electricity infrastructure,

especially environmentallyfriendly

power generation.

“As you increase your

commitment to healthcare and

education, we will support those

efforts too,” he said.

Entwistle said that he was eager

to see a deeper relationship

between U.S. and Nigeria that

would bring freedom for all

Nigerians.

“Not just the political freedom

you exercised last year, but

freedom from fear, freedom from

want, freedom from sickness, and

freedom from corruption.

“The last election was tremendous

democratic success, not only for Nigeria,

but the growth of democracy across Africa.

“As you fight Boko Haram and secure

and rebuild the Northeast, and as you

strive for harmony in the Niger Delta and

across the land, we will continue to help

in every appropriate way.

“Indeed, let us redouble our efforts on

the humanitarian front in the Northeast.

Some Nigerians are dying of starvation.

How can that be?” he said.


10 — Vanguard, MONDAY JULY 4 , 2016

ALLEGED

COUP: Military

monitors

officers'

telephones,

others

By Evelyn Usman &

Faith Ake

LAGOS—IN an attempt

to checkmate activities of

some of its men in the

rumoured plan of a coup, the

Military has started

monitoring telephone

conversations and text

messages of officers and

soldiers.

Also, security has been

beefed up in all military

formations and barracks , with

a warning to all serving

officers and personnel,

including members of their

families to mind the company

they keep.

Cautioning officers and

soldiers under 81 Division of

the Nigerian Army, Lagos,

yesterday, during the

Interdenominational church

Service at Saint Charles

Lwanga Catholic Church in

Ikeja Cantonment to mark this

year’s Nigerian Army Day

celebration, its General Officer

Commanding, Major-General

Isidore Edet, urged them to

guard their utterances.

He said “ The Chief of Army

Staff, COAS wants us to

remind ourselves that at this

critical point in our national life

and especially in Lagos and

the Military, where there are

rumours of coup, whether

they are perceived or real,

that as soldiers we should

be very careful of the

company we keep.

''What we need to do as

soldiers is to be on the guard,

to be watchful of the people

that go in and out of the

barracks, our mammy markets

and places where we eat. We

should be careful of what we

hear them say by listening

attentively so that we can pick

what they are saying or

planning because when those

people want to do this things

they come into the barracks

and try to incite the

barracks community on

things that are happening

in the country, with words

like: ‘’Don’t you think you

should do something?’’

Total enforcement of ban on street trading starts

today

By Olasunkanmi Akoni

L AGOS—FOLLOWING

the directive by Governor,

Akinwunmi Ambode of Lagos

State on the enforcement of Law

against hawking in the state, most

streets and highways at the

weekend seemed deserted by

traders for fear of being arrested.

This came as the Lagos State

Taskforce on Environment and

Special Offences, vowed to

commence a total enforcement on

street trading across the state as

directed by the governor today.

Ambode, at the weekend,

directed law enforcement

agencies to commence a total

enforcement against street

trading and street hawkers from

July 1, 2016, saying that the law

banning their activities across the

metropolis would take its full

course.

The governor, speaking at a live

interview, said that the renewed

enforcement is in line with

Section I of the Lagos State Street

Trading and Illegal Market

Prohibition Law 2003, which

restricts street trading and

hawking in the metropolis.

However, observations over the

weekend showed that quite a

number of the traders deserted

major highways, but have

employed other means of

hawking their wares.

In Oshodi, Egbeda, Ikeja,

Ikotun, Ojo, among other areas

of the state, few street hawkers

LAUNCH: From left; Hans Mielants, Logistics Director, Lafarge Africa Plc; Seni Ogunyemi,

TRACE Corps Commander, Ogun State; Fidelia Osime, Director Organisation & Human

Resources, Lafarge Africa Plc; Adenrele Adesina, Commissioner for Budget & Planning

Ogun State; and Modupe Mujota, Ogun State Commissioner of Education Science &

Technology at the launch of Lafarge Africa Logistics Academy at Ewekoro, Ogun State.

Court upholds A’Court’s decision in favour of Honeywell

By Innocent Anaba

LAGOS—A Federal High Court

sitting in Lagos, has refused an

application by Ecobank to suspend the

Honeywell’s suit against the bank.

Trial judge, Justice Idris stated that

it cannot grant Ecobank’s application

because the Federal High Court was

bound by the final judgement of the

Court of Appeal which was delivered

on March 30, 2016, directing that the

matter be given an accelerated hearing

at the Federal High Court.

The Honeywell suit was instituted

in 2015 and Honeywell is praying the

court to determine whether or not

Honeywell was indebted to Ecobank.

In response to the suit, Ecobank

challenged the jurisdiction of the

Federal High Court to hear the suit.

The objection was rejected by the

Federal High Court and Justice Idris

were seen on the road but with

vigilance.

It was gathered that most of the

traders who were complaining

bitterly against the law, accused

the state government of planning

to ruin their sources of living and

thereby take to crime.

One of the street traders, simply

identified as Uche, who spoke to

Vanguard at Egbeda area, said

he has no other trade than selling

handkerchiefs and confessionary

which he had engaged in for the

past six years since he finished

his Ordinary National Diploma,

ruled that the court indeed had

jurisdiction to hear the matter.

Ecobank appealed this decision at

the Court of Appeal. Aligning with

the decision of the Federal High

Court on its jurisdiction to hear the

matter, the Court of Appeal by its

final judgement of March 30, 2016

dismissed Ecobank’s appeal and

ordered the accelerated hearing of

the matter before Justice Idris.

When the matter last came up on

May 10, 2016 (following the

judgment of the Court of Appeal),

Ecobank’s counsel informed Justice

Idris that a notice of appeal

challenging the decision of the Court

of Appeal had been filed at the

Supreme Court.

An application for a stay of the

execution of the judgment of the

Court of Appeal had also be filed at

the Court of Appeal. Ecobank

OND, from a Polytechnic.

He explained that in order to

avoid arrest, they have come up

with a new trend of keeping their

wares in a hidden place, while

they display only few for sale.

“By this means the law

enforcement agents can not easily

detect or see us to arrest. More

so, it will be easier for us to escape

when the chips are down.

Meanwhile the Public Affairs

Officer of the taskforce, Mr

Adebayo Taofiq, when contacted

on the number of suspects

arrested so far since the

therefore,

requested that the

proceedings before

Justice Idris be

stayed pending

the outcome of the

application for a

stay of execution

at the Court of

Appeal.

announcement by the governor,

said, “Honestly, we are yet to

make any arrest, but as from

tomorrow (today), the taskforce

unit, to be led by its Chairman,

Superintendent of Police,

Olayinka Egbeyemi, with other

security outfits and men of the

Kick Against Indiscipline, will

launch a total enforcement across

the metropolis and y one caught

in the process shall be prosecuted

accordingly.”

Governor Ambode, while

sympathizing with the family of

a street hawker who was knocked

down by an articulated truck in

the process of evading arrest from

officials of Kick Against

Indiscipline (KAI) along

Maryland Bus stop last

Wednesday, regretted that the

situation led to the death and

destruction of public assets.

Consequently, Ambode said

the state Executive Council

has resolved to enforce the

Law, which according to him

makes both the hawker and

the buyer liable of the offence.

C

M

Y

K


Vanguard, MONDAY, JULY 4, 2016 — 11

EFCC arrests Omisore over N1.3bn NSA cash

receipt

By Soni Daniel,

Northern Region Editor

A BUJA—SEVERAL

months after being

declared wanted by the

Economic and Financial Crimes

Commission, EFCC, former

Osun State Deputy Governor,

Senator Iyiola Omisore, was

yesterday arrested by operatives

of the commission in Abuja.

The top Peoples Democratic

Party, PDP, bigwig was taken

into EFCC custody in Abuja for

questioning and there were

indications last night he might

be arraigned in court over the

receipt of N1.3 billion by three

firms allegedly owned by him

from the former National

Security Adviser to the

President, Sambo Dasuki.

According to the commission,

the money was moved from the

ONSA and paid into the accounts

of firms linked to a former Defence

Minister, Musiliu Obanikoro and

his sons, before being transferred

to the company linked to

Omisore.

The former deputy governor

has since denied any wrongdoing

and fired a suit against the EFCC

for declaring him wanted while

he is in court to challenge the

agency for its infringement on his

fundamental rights.

Spokesman for the EFCC,

Wilson Uwujaren, confirmed

the arrest of Omisore but did

not give details.

Residents flee Oyo communities as earth tremor persists

By Our Reporter

RESIDENTS of communities

in Saki West Council Area

of Oyo State are abandoning their

homes due to reports of earth

tremors in neighbouring

communities last week.

There were reported cases of

noise being heard beneath the

earth surface in Koomi, Medina,

Balako, Salam Salam and Dauru-

Salam communities in Saki, Oyo

State.

The Deputy Speaker of Oyo

State who is an indigene of one

of the communities in the area,

Hon. Musa Abdulwasiu, raised an

alarm during the week, calling on

the state and federal agencies to

help proffer solution to the tremor.

While assuring the people that

help will come, he appealed to

relevant authorities to act fast to

forestall possible dangers.

“I have been to the affected

areas with very senior members

of the Geology Department from

University of Ibadan. They hinted

that there is likelihood of heavy

movement of rocks in the water

channel beneath the ground in

those affected areas. They also

advised that evacuation of

residents of affected areas is the

only solution to tremor and

He only said the former Senator

was arrested in his house in Abuja

and taken into custody.

To pave the way for his

prosecution, the EFCC last

week froze the five bank

accounts traced to Omisore,

Obanikoro and his two sons,

having declared Omisore

wanted in March this year.

The accounts frozen by the antigraft

agency included Sylvan

McNamara (number 0026223714

with Diamond Bank); Sawanara

Limited with First Bank; Fimex

Gilt Limited with the United

Bank for Africa; and

Metropolitan Consortium with

First Bank.

The firm said to be owned by

Obanikoro’s two sons-

Gbolahan and Babajide

reportedly received the N4.7

possible earthquake after

establishing degree of tremor.

‘’Honestly, they told us that no

one could ascertain for now the

degree of the tremor and

whether it will lead to

earthquake or not,” he said.

However, Oyo State

Government has assured

By Rotimi Ojomoyela

A DO-EKITI—

RENOWNED

constitutional lawyer and Senior

Advocate of Nigeria (SAN), Mr.

Mike Ozekhome, has faulted Mr.

Femi Falana on his position that

the there is no absolute immunity

for governors, deputy-governors,

Presidents and vice-presidents in

the country.

Falana had, during a paper

entitled: ‘The Limits of Immunity

Clause,’ he delivered at the 60th

birthday of the Edo State’s

Secretary to Government, SSG,

Professor Julius Inhonvbere, said

that the Money Laundering Act

and Economic and Financial

Crimes Commission, EFCC, Act

billion from the ONSA in 2014,

out of which N1.3 billion was

transferred to Omisore.

An official of the commission

gave an idea of how the money

was moved from the ONSA and

paid into the bank accounts of

the suspects.

The sources said: “On July 9,

2014, N150 million was paid

into the account of Sawanara

with First Bank. On August 1,

2014, N300 million was paid to

Sawanara Limited.''

“On August 8, 2014,

N160million was paid into the

account of Fimex Gilt Limited

domiciled with UBA. On the

day of the election, August 9,

2014, N350million was paid

into the First Bank account of

Metropolitan Consortium. All

the accounts were linked to

residents that efforts were on to

avert environmental hazards.

Commissioner for Environment

and Water Resources, Chief Isaac

Ishola gave the assurance while

monitoring the areas affected by

an earth tremor in Saki-West Local

Government Area.

He explained that findings by

Falana goofed on ‘No absolute immunity’ position

— OZEKHOME

as well as the international

criminal court laws do not give

absolute immunity to Governor

Ayodele Fayose against criminal

prosecution, adding that the

EFCC was in order by freezing

the governor’s accounts and

thereafter obtain a court order

against his bank.

But Ozekhome, who heads

governor Fayose’s legal team

against the EFCC at the Federal

High Court, Ado-Ekiti, said

contrary to Falana’s argument;

“Election petitions are sue

generic, they are generic because

they are in a class of their own.

They are an hybrid, neither civil

nor criminal procedures. That is

why it is the constitution itself that

gives the right for a governor to

be sued when they are

challenging his mandate , it is not

Omisore ahead of the August

2014 governorship election in

Osun State.”

Omisore, who has since been

declared wanted by the anti-graft

agency, allegedly received the

funds in four tranches from

Sylvan McNamara between July

and August 2014, a few weeks

before Osun State governorship

election which he lost.

A document detailing the

transaction showed that the

money was paid into three

company accounts allegedly

belonging to Omisore.

EFCC claimed in a statement

made available to Vanguard that

Omisore had been evading the

commission after being served

with a formal invitation to appear

for questioning on what he knew

about the money.

BIRTHDAY:

From left, Ogun

State governor,

Senator Ibikunle

A m o s u n ;

celebrant's wife,

Lady Gloria

Williams; the

celebrant, Sir

C h a r l e s

Oladeinde

Williams and the

Asiwaju of

Remoland, Chief

S o l o m o n

K a y o d e

Onafowokan at

the 80th birthday

anniversary of

Sir Dr. Williams

in Lagos.

experts indicated that the earth

tremor was a fore-shake, which

was not capable of causing the

earthquake.

Ishola said the state

government would liaise with the

Federal Government to procure

the seismic machine needed to

check the gravity of tremor.

the lower laws like an Act of

parliament like EFCC.”

Speaking with newsmen in

Ado-Ekiti yesterday, the Lagosbased

lawyer said: ‘’EFCC is an

act of parliament which is millions

of miles lower than the provisions

of the constitution. And any

provision from the EFCC Act or

money laundering Act which is

inconsistent with the provision

of the constitution is null and

void by nature of section 1, subsection

3 of the same 1999

constitution.“

Arguing further, he said: “It

is the same constitution in

section 308 that says that when

it comes to civil or criminal

procedure, you can never sue

the governor and such should

not be entertained in any court

of Law.''

N14.1bn fresh

bail-out won’t

end Oyo salary

arrears problem

— AJIMOBI

By Ola Ajayi

IBADAN—TO avoid

another round of

industrial crisis, Governor

Abiola Ajimobi has

pleaded with the workers

and pensioners in the state

to exercise patience over

the unpaid N29 billion

wage deficit representing

five-month salary arrears,

saying the new bailout the

state applied for would not

be paid in bulk.

The governor said the

N14.1 billion which the

state applied for would be

paid in tranches.

While assuring that the

N14.1 billion would be

used to pay salaries, he

explained that the money

would be paid in tranches

of N1.3 billion monthly for

the first three months and

N1.1 billion monthly for

the next nine months.

Governor Ajimobi said this

through the Commissioner

for Finance and Budget, Mr.

Bimbo Adekanmbi and the

Special Adviser to the

Governor

on

Communication and

Strategy, Mr. Yomi Layinka

at the weekend.

They explained that the

delay in the payment of

salaries and pensions to

workers and pensioners in

the past five months was

not a deliberate action as

is being rumoured in some

quarters but is due to nonavailability

of funds.

As against the N84

billion being bandied

around as the amount the

state got from the

Federation Account

between May 2015 and

May 2016, he clarified that

only N37.48 billion

accrued to the state coffers

within the period, after all

statutory deductions from

sources and irrevocable

commitments.

Within the same period,

however, he said that

N40.48bn was paid

directly to the Local

Government as its share of

allocation, part of which

was being used to cater for

the salaries of primary

school teachers and local

government employees.

Adekanmbi said: “Oyo

State government is not

deliberately denying

workers their salaries.

Such misconception was

borne out of ignorance and

sometimes deliberate

mischief by those who can

never see anything good

in this administration.”

C

M

Y

K


12—Vanguard, MONDAY, JULY 4, 2016

AMNESTY STIPENDS: Be patient with FG, Dickson

tells ex--militants

By Samuel Oyadongha

Y ENAGOA—GOVERNOR

Seriake Dickson of Bayelsa

State has appealed to exmilitants

to be calm and exercise

patience with the Federal

Government over delay in the

PDP warns against use of judiciary to

threaten democracy

By Jimitota Onoyume

PORT

HARCOURT—

SENATOR Ahmed

Markafi-led Peoples

Democratic Party, PDP, has

warned against the judiciary

being used to threaten

democracy in the country.

Speaking, yesterday, in

Port Harcourt, Rivers State

against the backdrop of

developments in Abia and

Edo states and within the

party, a member of the

Caretaker Committee of the

party, Prince Dayo Adeyeye,

said there should be a check

on the way and manner

politicians were shopping for

injunctions and court orders,

noting that it could truncate

the nation's democracy.

Discribing as bizarre and

unsustainable, a court order

that the Independent

National Electoral

Commission, INEC, should

recognise the candidate from

Ali Modu Sheriff’s congress

for the governorship election

in Edo State, Adeyeye, said

efforts so far by Sheriff and

his team to go round securing

court orders was absurd.

He said with recent

judgements, Sheriff was no

longer a Chairman of the

party and had never even

been Chairman of the party.

“Sheriff has no legal basis

to parade himself as

chairman. One of the

Court declares two rival Delta HOSTCOM excos illegal

By Emma Amaize

UDU—A Delta State High

Court sitting in Otor-Udu,

has proclaimed the two parallel

executive committees of the

Host Communities of Nigeria

Producing Oil and Gas,

HOSTCOM, Delta State

chapter as unconstitutional.

Trial judge, Justice C.

Achilefu, gave the verdict in the

suit by the leader of one of the

groups, Benjamin Iwetan,

urging the court to declare him

as state chairman of

HOSTCOM and restrain the

defendants, Chief Alfred Bubor,

Dr. Peter Ogedegbe, national

chairman and state chairman

respectively of the opposing

faction from infringing on his

tenure.

The judge held: “It is my view

that from all I have said so far,

the claimants (Iwetan and

others) have not proved their

payment of their stipends.

He also called on the

Presidential Amnesty Office to

urgently pay whatever was due

the ex-agitators in the spirit of

equity and fair play.

The governor’s plea came

judgments is that Sheriff

was never chairman of the

party. Then the convention

of the party in Port Harcourt

sacked Sheriff and its team.

So the political angle also

does not see him as

chairman of the party,” he

said.

He assured that the

Markafi- led PDP was on

course, stressing that the

governorship candidate of

the party recognised by

INEC for Edo State was

Pastor Ize-Iyamu.

“We already have a

candidate for the Edo State

election. He is Pastor Ize-

Iyamu. INEC was not at

Sheriff’s primaries. Pastor

amidst plans by the ex-militants

to protest over the nonpayments

of their stipends by

the Federal Government.

The gopvernor in a statement,

yesterday, in Yenagoa by the

State Commissioner for

Iyamu has completed his

form with INEC. I am saying

we have a candidate in Edo

and will have in Ondo State.

Sheriff is being used. Sheriff

and co are agents of All

Progressives Congress,

APC. The candidates of

Sheriff participated in our

primaries and came second,

how did they come with their

delegates?” he asked

Adeyeye said that the style of

wanting to use the courts to force

executives on political parties

should be discouraged, adding

that if not checked, it would get

to a time when court will declare

somebody who did not

participate in an election as the

winner.

“When has it become the

fashion for courts to choose

ATTACK: Fulani herdsmen agree to leave Olomu

By Akpokona

Omafuaire

W ARRI—FULANI

herdsmen have agreed

with the Olomu Traditional

Council in Ughelli South Local

Government Area of Delta State,

to vacate the kingdom for an

interim period of two weeks

beginning from June 25, to July

9 to enable the kingdom work

out modalities for re-entrance in

order to avoid further clashes.

The decision was reached by

the leadership of the Fulani

Information, Jonathan Obuebite,

advised all stakeholders in the

Niger Delta struggle to “eschew

violence and live in peace as

issues concerning their welfare

will be soon be addressed by the

Federal Government.”

executives for the party. Sheriff

keep saying I am chairman by

court order. This kind of thing

should be discouraged.

"All the organs of the party don’t

want you. When it becomes the

norm to use court order to install

executive then we should say bye

bye to democracy.

“A time will come when people

who did not contest election will

be made governor by the court.

It’s like we will surrender all

sovereignty to the judiciary to

choose for us,” he warned.

The party urged the Federal

Government to build on the

democratic standards set by

former President Goodluck

Jonathan, noting that the

government was entrenching

reasons why many African leaders will

not want to vacate offices.

AGM: From left—Company Secretary, Omowunmi Adedurotimi; Chairman, Felix

Ohiwerei and Managing Director/CEO, Valentine Obi,during the 2th annual general meeting

of eTranzact International Plc in Lagos.

case to the minimum standard

required by law, they relied on

exhibit ‘A’ but could not prove

to this court that their

appointment was done

constitutionally in accordance

with exhibit ‘A’ (Constitution of

HOSTCOM).

“It is my view that from what

I have said in this judgment

that both the claimant and the

defendant executive committee

were not elected according to

exhibit ‘A.’ It is hereby, ordered

that Delta State HOSTCOM

comprising both parties should

go back and comply with the

constitution of HOSTCOM,

which is exhibit ‘A.

“The election of the claimant

in 2009 and that of the

defendant in 2013 were not

done constitutionally. “Exhibit

‘A’ provides that, if for any

unavoidable reason an election

could not hold at the scheduled

period, a caretaker committee of

five members would be set up

to direct the affairs of the house

and tenure of the caretaker

committee shall not exceed three

months before the election is

conducted.

“Second, an extension of office

can be made by two-third majority

of persons present at the annual

general meeting if prevailing

circumstance cannot allow election

in the case of HOSTCOM, Delta

State."

herdsmen led Alhaji Jibrin

Haruna, and other members of

the Fulani Cattle Owners Delta

State at the Palace of HRM, Ovie

R. Ogbon, Ogoni-Oghoro I, the

Ohworode of Olomu Kingdom.

The herdsmen were represented

by Alhaji Haruna, Alhaji Immam

Young-Okotie, Alhaji Garba,

Alhaji Usman Suleiman and

Alhaji Mohammed Aliyu and the

Olomu Traditional Council led by

HRM, Ovie R. Ogbon-Ogoni

Oghoro I, and his chiefs at the well

attended meeting.

CRISIS: We

won't go to

war with

Aladja

—ISABA

MONARCH

By Festus Ahon

ASABA—THE Pere of

Isaba Kingdom, Warri

South West Local Government

Area, Delta State, HRM

Donokoromo II, has promised

that his people wili never go

to war with the people of

Aladja community in Udu

Local Government Area of the

state, no matter the

provocation, insisting that

they were brothers and will

remain brothers.

The monarch made the

promise when members of the

panel of inquiry on the

demarcation and survey of the

boundary between Udu and

Warri South councils as well

as demarcation of the extent

of land in dispute between

Aladja and Ogbe-Ijoh led by

Prof. Abednego Ekoko, visited

him in his palace.

Holding that they would

not fight with Aladja people

because of their age long

relationship, he said:

“Needless wars that will claim

human lives will not do us any

good. So let us stop all these

nonsense. Let us settle. The

land we are fighting for, we

will all leave and die.”

Donokoromo II who decried

the recent crisis between

Aladja and Ogbe-Ijoh, said he

was still at a loss on why the

people of Aladja could

allegedly damage his

personal SUV worth over N10

million given to him by the

Delta State Government

without any provocation from

his subjects.

Pleading for calm, he

insisted that both communities

depend on one another for

survival.

He said that his mother was

from Aladja and called on

those who were afraid to go

to their farms for fear of reprisal

attack to feel free to go about

their businesses.

He added that Isaba people

have no intention of attacking

Aladja people.

The meeting at the Palace of the

monarch followed criminal

activities by the Fulani herdsmen

who allegedly destroy farm crops,

rape Olomu women as well as

intimidate farm owners from doing

their legitimate farming business

in their own farms.

They warned that the Fulani

herdsmen must vacate the

kingdom for failing to properly

negotiate with the Olomu

Traditional Council before

embarking on their grazing

business in his domain.


Vanguard, MONDAY, JULY 4, 2016—13

FG, militants' ceasefire in N-Delta collapses

•As Avengers blow up NNPC, Chevron, NPDC oil facilities

•Ijaw group blames Buhari; others fault Okowa's meeting with stakeholders

By Emma Amaize,

Regional Editor, South

South, Egufe Yafugborhi

& Perez Brisibe

WARRI—THE temporary

cessation of hostilities in the

Niger Delta region broke down,

weekend, as Niger Delta

Avengers, NDA, blew up five oil

and gas installations following its

displeasure with the manner the

Federal Government was

managing and breaching the

peace process.

A source disclosed that as far

as Niger Delta Avengers was

concerned, the Federal

Government was not serious about

peace in the region, as it had said

nothing concrete about its

planned dialogue with

stakeholders and was breaching

the warning by the militant group

not to repair damaged pipelines

while the window for negotiations

was open.

The militant group did not give

any reason why it started fresh

attacks, but confirmed in several

tweets on its twitter handle that it

blew up five different crude oil

trunk lines and wells belonging

to Nigeria National Petroleum

Corporation, NNPC, Chevron

Nigeria Limited, and Nigeria

Petroleum Development

Company, NPDC in Delta State.

Reacting to the resumption of

hostilities, yesterday, the Ijaw

Youth Council, IYC, described

same as regrettable, but criticized

President Muhammadu Buhari,

who it said did not take any

practical step toward addressing

the issues since he returned from

his medical trip abroad.

Meanwhile, a new group in

the region, Niger Delta

Movement for Socio-Economy

Inclusion, NDMSEI, yesterday,

picked holes in the recent

stakeholders meeting organised

by the Delta State governor,

Senator Ifeanyi Okowa, saying

that the meeting failed to address

key issues affecting the ethnic

nationalities in the region.

Avengers confirmed on it twitter

handle that it bombed two major

NNPC crude oil trunk lines to

Warri Refining and

Petrochemical Company, WRPC,

Warri, on Friday at 9.15 p.m.,

adding: “At 11:26p.m., on

Saturday @NDAvengers blew

up two NPDC major crude trunk

lines close to Batan flow station

in Delta State.”

The group stated: “At

11:26p.m., on Saturday

@NDAvengers blew up two

NPDC major crude trunk lines

close to Batan flow station in

Delta State and at 1:15a.m., on

Sunday @NDAvengers blew up

two major Chevron Oil Wells.

Well 7 and Well 8, close to

Abiteye flow station in Delta

State.” Congratulating its

fighters for a good job, it said in

yet another tweet: “All five

operations were carried out by

@NDAvengers strike team.”

A security source, who

corroborated attacks, told

Vanguard that Chevron officials

were already aware and would

visit the attacked facilities in

some hours to ascertain the

extent of damage done to them.

FG not ready— Source

On the renewed attacks, exmilitant

leader told Vanguard:

“After reviewing the Federal

Government’s position since the

expiration of its two-week

ceasefire, it was obvious that

President Buhari on return from

his short vacation in London was

not interested in meeting the

demands of the Niger Delta

Avengers and other militants.

“He merely appealed to the

militants in the name of God to

stop the bombings, which was

suspended even before he left

for his vacation. He did not put

Institute congratulates

Delta HoS

THE Institute of Chartered

Administrators and

Researchers of Nigeria, IARN,

has congratulated Mr Reginald

Bayoko on his appointment as

the Head of Service in Delta

State.

In a statement, the institute’s

Director-General, Prof Jacob

Etinagbedia, said: “This

appointment has not only

reflected your sublime

administrative prowess but also

anything on the table, said nothing

about the expired ceasefire or way

forward on the dialogue, which his

Minister of State for Petroleum, Dr.

Emmanuel Kachikwu, had gone

round talking to stakeholders

about.

“What is clear is that the Federal

Government is only bidding for time, while

the Joint Task Force, JTF, in the Niger

Delta, “Operation Pulo Shield” was

disbanded and replaced with “Operation

Delta Safe”, the Department of State

Services, DSS, on its part is framing up

members of the Niger Delta Avengers,”

he said.

shown the absolute belief we have

in you as one of our very valuable

and inestimable Fellow.

“We sincerely hope that you will

always keep the flag flying by

contributing your best to the

upliftment of Delta State in

particular and Nigeria as a

whole.”

Etinabedia recalled that Bayoko,

an alumnus of the Ambrose Alli

University, Ekpoma, Edo State was

appointed a Fellow of the body in

2011.

C

M

Y

K


14—Vanguard, MONDAY, JULY 4, 2016

NSCDC

deploys

40,000

personnel

for Sallah

By Omeiza Ajayi

A

B U J A —

COMMANDANT-

General of the Nigeria

Security and Civil

Defence Corps, NSCDC,

Abdullahi Gana

Muhammadu, has announced

the deployment

of 40,000 officers and men

of the agency for Eid-il-

Fitr celebrations.

Muhammadu, who

spoke during iftar—

breaking of fast— with

some journalists in his

Abuja residence Saturday

night, also regretted the

activities of some militants

in the Niger Delta.

He said: “We have

deployed no fewer than

40, 000 officers and men

to protect critical national

assets during the Sallah

celebrations. We are

working with sisteragencies

to ensure a

hitch-free celebration.”

He also ordered all

zonal and state

commandants to beef up

security in their respective

areas of responsibility.

He said there would be

no slack in operational

activities, adding

“personnel must be

deployed in all nooks and

crannies, suspected black

spots, prayer grounds,

markets, shopping malls,

plazas, motor parks,

among others.”

Farewell gifts to Ramadan

IT has been a rewarding 29-

day spiritual activity: a period

of recompense, a period of

closeness to Allah, a period of

illumination by the glorious

Qur’an, a period of re-direction

of destinies and possibilities, of

charity, of divine blessings. It is

indeed a memorable period.

Having passed through this

spiritual exercise, we have been

transformed, no doubt. It is time

to celebrate, but an important part

of the celebration is to express

warm wishes to your neighbours

and invite them for a meal. One

could chose to celebrate it with the

poor to make them happy.

It is important to remember one

of our cardinal responsibilities

this month— Zakatul-Fitr. It is

obligatory at this time that we are

bidding farewell to Ramadan.

That is why the suffix fitr is

attached to it— to commemorate

From left— Aare Musulumi of Osogboland, Alhaji Gani Adekunle; Asiwaju Musulumi of Yorubaland, Alhaji Khamis

Olatunde Badmus; Governor Rauf Aregbesola of Osun State, and Chief Imam of Osogboland, Sheik Musa Animasahun,

during the Laylatul Qadr (Night of Majesty) marking end of Ramadan, organised by Osogbo Muslim community, at

Ansarudeen playground, Osogbo.

Watch out for new moon, Sultan tells

Nigerian Muslims

By Demola Akinyemi,

with Agency Reports

THE

Nigerian

Supreme Council for

Islamic Affairs, NSCIA, has

asked every Muslim in the

country to look out for the new

moon yesterday and today for

the Eid el-Fitr.

Secretary-General of the

Council, Is-haq Oloyede, in a

statement yesterday, said the

council, under the leadership

of the Sultan of Sokoto, Sa’ad

Abubakar, enjoined all

Muslims to look for the moon.

Mr. Oloyede said the Sultan

had, therefore, put in place a

National Moon Sighting

Committee, NMSC, to that

effect.

Oloyede, who is also the

Shehu of Borno and NSCIA

Deputy President-General is

the occasion of breaking the fast.

For the umpteenth time, a man

has to pay on behalf of himself

and his wife— even if she is

wealthy on her own— and his

children and parents, if they are

poor, and his daughter, if she is

married but the marriage has

not yet been consummated.

If his son is rich, he does not

have to give Zakatul-Fitr on his

behalf. A man has to give

Zakatul-Fitr on behalf of a

divorced wife, whose divorce

process (Talaaq) is not yet

concluded (i.e., she is still in the

‘iddah of a first or second

talaaq). But not in the case of

one whose divorce is finalised.

A son does not have to give

Zakatul-Fitr on behalf of a poor

father’s wife, because he is not

obliged to spend on her. A

Muslim traveller is also

enjoined to pay his Zakat where

among the 34 Muslims across

the country as members of the

committee.

Mr. Oloyede said: “NMSC

has advised the President-

General that the crescent of

Shawwal should be searched

for on Monday, July 4,

equivalent to 29th Ramadan

1437 AH.

“If the crescent is actually

sighted by informed persons

on Monday night and His

Eminence is so advised by the

experts, he would declare

Tuesday, July 5, as the first day

of Shawwal (‘Id day).

“If, however, the crescent is

not sighted on Monday night,

Wednesday, July 6, 2016

automatically becomes the first

of Shawwal 1437 AH (‘Id

day).” He enjoined Muslims

all over the country to be on

the lookout according to the

he spends the last two days of

Ramadan. If a person dies before

Maghrib, on the last day of

Ramadan, Zakatul-Fitr would

not be obligatory upon him even

if he fasted all the other days of

the month.

On the other hand, if a child

is born after Maghrib, it would

be obligatory to pay Zakatul-Fitr

on his or her behalf.

It should be given on one of

the foodstuffs which is commonly

consumed in the society. The

popular measurement of it is

four handfuls on behalf of one

person. If it has to be given in

money, although this is not

encouraged but the societal

demands and circumstances

sometimes call for it; it has to be

well-calculated that the

appropriate money equivalent is

given in accordance with the

existing price of the desired

foodstuff in the market, in your

area and at the right time too, to

meet the immediate need and

purpose for which it was given.

In essence, the rationale

behind it is to make others

happy during the festive period;

it purifies the fasting Muslim

from any shortcoming during

the fast. And since every Muslim

needs this, it is therefore

obligatory on him whether rich

or poor to pay Zakatul-Fitr.

directive of the President-

General of NSCIA on the

completion of this year’s

Ramadan fast.

He said as soon as NMSC

confirmed the sighting of the

crescent, the committee would

advise the President-General

of NSCIA, who will announce

the completion of Ramadan

and the observance of Idul-

Fitr prayer.

“Muslims are also strongly

advised to fast for six days

between the second and the

The Prophet (SAW) said:

“Make them (i.e. the poor and

destitute) rich on the day of Eidil-Fitr.

The Qur’an says: “The

Zakah are only for the

Fuqaraaì (poor), and the

Masaakeen (the needy) and

those employed to collect (the

funds); and for to attract the

hearts of those who have been

inclined (towards Islam); and

to free the captives; and for

those in debt; and for Allah’s

Cause, and for the wayfarer (a

traveller who is cut off from

everything); a duty imposed by

Allah. And Allah is All-Knower,

All-Wise” (Q9:60).

Before I end, I seek

forgiveness over my inability to

touch other areas you would

have wished, as well as my

inability to reply to all mails, text

messages, calls and comments.

May Allah forgive us all and

accept this as an act of

worshipping HIM. I also wish

to remind us that we can keep

the spirit of Ramadan alive

every day for the next 11

months Insha Allah. That is the

best gift to give Ramadan as it

bids us farewell.

On behalf of the Publisher,

the Editor, and the Muslim

community at Vanguard Media

Limited, we wish you all Eidil-Mubarak.

end of Shawwal,” Mr. Oloyede

added.

Mr. Oloyede said that

although Ramadan might come

and go, the lessons in it must

continue to reflect in the lives

of Muslims.

He said: “The council

encourages Muslims to

continue praying for peaceful

co-existence in Nigeria, as they

keep the virtues and gains of the

sacred month, as guide towards

accelerated development as

individuals and a nation.”

Hong Kong firm to build

200,000/bpd refinery in Nigeria

By Ediri Ejoh

THE country’s oil and gas

business may be heading

for good times as Blooming

Faith Petroleum Ltd., a

subsidiary of Hong Kong-based

Blooming Faith Global Holdings

Ltd, would partner the Federal

Government to build and operate

a refinery with an installed

capacity of 200,000 barrels per

day, in Akwa Ibom State.

In a statement made available

to Vanguard, a senior

management team of the

organisation, which is currently

in Nigeria to kick-start procedure

for the project, confirmed a

successful engagement with the

Nigerian National Petroleum

Corporation, NNPC.

Speaking on the

development, Chairman of the

company, Dr. Robert Yeung,

explained that the company’s

interest in building a refinery

was influenced by the discovery

that Nigeria, a major oil

producing nation, relied on

importation of refined products

to attend to its domestic needs.

His words: “We became

immediately interested for two

basic reasons: first, as a business

entity, we have identified a

vacuum to be filled, because the

government of Nigeria will not

import what it can access locally.

“Second, our confidence in

Nigeria as an investors’

destination of choice in Africa:

we know that we can never get

it wrong with a country of almost

200 million people.”

C

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Vanguard, MONDAY, JULY 4, 2016—15

Enugu APC berates Ekweremadu for writing

int'l community on forgery trial

By Emeka Mamah

ENUGU—THE Enugu State

chapter of the All

Progressive Congress, APC,

yesterday berated the Deputy

Senate President, Chief Ike

Ekweremadu for writing the

international community over the

alleged forgery trial against him

and other members of the Senate.

State Chairman of the party, Dr.

Ben Nwoye who spoke in an

interview with newsmen,

wondered why the deputy senate

president should take an internal

matter of a sovereign nation to

foreign lands, adding that the

action was aimed at impeding

the judicial process as well as

tarnishing the image of the APC

led government.

According to him, no indicted

citizen of any foreign country had

ever written to the Nigerian

government to intervene in their

matter.

“Calling on UN to intervene on

his matter amounts to ceding our

sovereignty to foreign nations.

The CIA director and many US

senators and government officials

were over the years indicted and

convicted, did they write to

Nigeria?

“Some of the officials pleaded

guilty and resigned and never

wrote to any foreign country

including Nigeria. Those

involved should face trial and stop

invoking tribal, religious and

ethnic sentiments. We want to

advise them to stop heating up

the polity,” he said.

Ekweremadu, had written to the

United Nations, European Union,

EU, Unites States Congress and

United Kingdom among others

alerting them of the imminent

threat to Nigerian democracy by

the Federal Government,

following what he described as

attempts to intimidate the

National Assembly in a bid to

change its leadership, thereby

truncating Nigeria’s democracy.

He was worried also that the

government was trying to silence

him as the leader and highest

ranking member of the

opposition in the country.

Nwoye, further frowned at the

manner senators treated the

representative of the Attorney

General and Minister of Justice

during his appearance in the

senate over the matter, saying that

the senators should have

accorded him respect by listening

to him.

He further said that senators as

people who make laws for the

country should have subjected

themselves to the law no matter

whose ox was gored, pointing out

that there were millions of

Nigerians who were facing

different trials for offences like

rape, corruption, among others,

but have never written the

international community for

intervention.

“We don’t want a situation

where the law of the land would

be for a select few,” Nwoye

further added, just as he berated

officials of the Enugu State

government, who travelled to

Abuja to show solidarity with

Ekweremadu the day he was

arraigned in court, describing

such action as shameful.

Quackery: FG arrests fake radiographers,

seals 5 X-ray units in Imo

...says patients risk cancer

By Victoria Ojeme

A BUJA—THE

Radiographers

Registration Board of Nigeria

(RRBN), an agency of the

Federal Government, has

arrested some fake Radiographers

and sealed the X-Ray units of

some hospitals in Imo State.

Some of the impostors, it said,

have been working as

Radiographers at the X-Ray units

of some of the hospitals.

Among the affected hospitals

are Amanda Hospital in Owerri;

the X-ray units of O/C Medical

and X-Ray services at No. 3

Works Layout, Owerri; Holy

Rosary Hospital, Emekuku;

Christina Hospital, Egbu; and

Mothercare Diagnostic Centre on

Okigwe Road, Owerri.

The organisation warned that

patients may contract cancer in

the course of their earthly

existence if they receive X-Rays

from people who are not

qualified.

A statement issued on

Coalition of S-E/S-S groups calls for referendum

on 2014 National Confab

By Anayo Okoli

UMUAHIA—A coalition of

groups from the South East

and South South has called for a

referendum on the resolution of

2014 National Conference, saying

such would provide a lasting

solution to the problems currently

bedeviling Nigeria.

The coalition also frowned at

“hounding, arrests and

intimidation of IPOB members,

innocent youths, whose only sin

is their loss of faith in the lopsided,

unfair and unjust unitary

system in Nigeria where some

regions are continuously treated

as conquered people”.

COMMISSIONING: From left, Managing Director, Guinness Nigeria, Peter Ndegwa; Anambra State

governor, Willie Obiano, and Chief Medical Director, Nnamdi Azikiwe University Teaching Hospital,

Prof. Anthony Igwegbe, at the commissioning ceremony of the Guinness Eye Hospital, Onitsha,

Anambra State.

Rising from a meeting,

weekend, in Umuahia, the groups

condemned President

Muhammadu Buhari’s decision

not to look into the Confab

resolution, saying that “the

document must be retrieved from

the archives, and on early

referendum conducted to

determine the fate and future of

Nigeria”.

Held under the aegis of Old

Eastern Region Movement, the

meeting was attended by traders

organizations, students groups,

traditional rulers and town

unions, representatives of CAN,

age grades and socio-cultural

organizations from the South East

and South South zones; Igbo in

academia, South East

professionals, Niger Delta Youth

Forum, PFN, World Igbo

Congress, among others.

By Francis Igata

Saturday in Abuja by the

Spokesperson of RRBN,

Maimuna Wakawa, quoted the

Registrar and Chief Executive of

the Board, Mr. Michael

Okpaleke, as saying that the

taskfoce of the regulatory agency

“clamped down on the hospitals

in order to rid the radiography

practice of quacks and quackery.”

He vowed that the board was

determined to remove quacks

from the practice of medical

radiography in the country and

would not stop till it succeeds.

According to him, the mission

of the RRBN, was “to monitor and

regulate activities of personnel

who administer X-Rays on people

to know if they are qualified.”

He said it was the right of

patients to see the operational

license of the person

administering X-Rays to them to

ascertain if they are qualified

before carrying out an X-ray.

Enugu govt to retrain traffic officials

ENUGU—IN a bid to improve

the quality of services rendered

by traffic enforcement

officials,the Enugu State

Government, through the

Ministry

of

Transport,weekend,embarked

on a training workshop that will

boost confidence between

motorists and the officials.

Flagging off the workshop, the

State Commissioner for

Transport, Vitus Okechi, called

on security agencies to end the

vandalism of traffic light

infrastructure in the state.

Okechi regretted that the ugly

experience of the vandals had

posed a serious threat to the

Ekwueme did

not rebuke

me —Obi

THE

FORMER

Governor of Anambra

State, Mr. Peter Obi has

urged Nigerians to avoid

peddling falsehoods,which

are injurious to individuals,

institutions and society at

large – especially in this

trying period of the nation’s

development. He made

this observation yesterday

while interacting with

some journalists in Lagos.

Contending that

criticisms ought to be

constructive at all times,

Obi was reacting to the

question about the truth of

the allegation that he

called on Igbo to ignore

Nnamdi Kanu, which led

to Dr. Alex Ekwueme

accusing him of anti-Igbo

moves.

Clarifying issues, Obi

noted that Ekwueme is a

highly-respected elder

statesman, who he regards

as a father who offers

advice or rebuke if need

be. He, however, regretted

that at the occasion in

question, neither he nor

Ekwueme spoke during the

event or to the press.

Bianca

Ojukwu's mum

for burial

August 5

By Francis Igata

E NUGU—FORMER

first lady of Old

Anambra State, Chief

Caroline Onoh, Bianca

Ojukwu's mother, would be

laid to rest on August 5,

2016.

The burial date was fixed,

weekend, after an

expanded meeting of the

Onoh family at their

ancestral home Enugu-

Ngwo, Enugu State.

Aged 81, late Mrs. Onoh

was the wife of the late

former Governor of Old

Anambra State and

founding father of the

present Enugu State, Chief

Christian Onoh, popularly

referred to as C. C. Onoh,

who died in 2008.

The late Mrs. Onoh was

a devoted mother in the

Catholic Diocese of Enugu

where she was life member

Catholic Women’s

Organisation CWO.

efforts of the state government to

fully actualize its noble vision of

effective and efficient operation of

traffic control light system in the

state.

The commissioner noted that

the re-launched traffic

enforcement programme was

aimed at rendering quality service

to the public and ensure safety of

lives.


16 — Vanguard, MONDAY, JULY 4, 2016

IT came as a great shock to learn

that 102 years after the

amalgamation of the Northern and

Southern protectorate to form

Nigeria as by the former British

colonial masters and 56 years after

her independence, one of the 774

local government areas in Nigeria

does not have a secondary school.

This LGA is known as Gudu Local

Government Area, and it is in Sokoto

State, which in 1979 produced a

president of Nigeria, Alhaji Shehu

Shagari. Sokoto is also the home

state of the leader of Muslims in

Nigeria, the Sultan of Sokoto.

Another unfortunate fact about the

dismal level of education in this LGA

is that out of 1,890 secondary school

students who hail from its domain

of an officially estimated population

of 200,000, only one of them is a

female. All of them school away from

Shocker from Sokoto

their home local government area.

These facts only came out because

the Governor of the state, Alhaji

Waziri Tambuwal, has finally decided

to site a model boarding school there,

in line with his promise on this year’s

Democracy Day, according to the

Governor’s spokesman, Imam Imam.

This kind of nationally embarrassing

statistic that sometimes emanates from

the North, especially with regard to the

generally poor attitude of some of their

leaders to the education of children of

the less fortunate members of the

citizenry is something that has got to

stop.

This local government council has

collected billions of naira from the

Federation Account over the years.

The Federal Government also pays

hefty amounts to the state based on

the high population figure ascribed

to this local government with a

view to using the funds to uplift the

people and provide them with better

life. Politicians go there from one

political season to the next,

canvassing for votes and getting

voted for.

The local government has also

produced a good number of educated

individuals who went to school in

towns outside the local government.

Yet nobody found it in their hearts

to ensure that the poor people of that

locality were given access to a

secondary educational facility within

their reach.

This is not just a case of extreme

bad governance, failure of

leadership and elite insensitivity to

the needs of the grassroots; it is a

clear cut case of man’s inhumanity

to man. We condemn this without

reservation and wonder how the

elite and “big men/women” from

that local government are able to

weather the stigma of this shame.

It is somewhat comforting that

Governor Tambuwal has taken it

upon himself to break this jinx and

establish a “model” boarding school

at Balle, the headquarters of the

embattled local government, which

he said, would cost one billion naira.

It is better late than never.

OPINION

Federal republic of inequality? (2)

By Magnus Onyibe

IF the recent interview, claimed to have

been granted Hausa service of the BBC

is to be believed, Mr. President is making a

case that appointment of mostly close

associates from his ethnic nationality into

public offices in disregard of the provision

by the Federal Character Commission, FCC

is justified by the constitution, but is it?

In response to the allegation, below is a

transcription of what Mr. President is

believed to have said on the radio

programme:

"If they will do justice to me, as an elected

Nigerian president, let them look at the

constitution (that) a Nigerian president

works with; there are people who will closely

work with me that don't need to be taken to

the Senate ". Mr. president is very correct on

that count.

" lf l select people whom l know quite well

in my political party ( with) whom we came

all the way right from APP, CPC and APC,

and have remained together in good or bad

situations;the people l have confidence in

and l can trust them with any post, will that

amount to any thing wrong?".

The snag here is that the men heading the

security and strategic arms of government

listed earlier are supposed to be

professionals, not card carrying members of

any political parties hence the last part of

Mr. President's justification is not in

accordance with the provision in 1999

Nigerian constitution.

In any case, I suspect that the statement

was made when he appointed Babachar

David Lawal as Secretary to the Federal

government, even though it is now being

presented as if it is in response to the recent

appointments.

However, since Mr. President did not

specifically mention the section of Nigerian

constitution that empowers him to be

tribalistic in appointments,he must have

obviously been misquoted by mischief

makers, nevertheless, let’s take a cursory look

at the act establishing the FCC, which is an

entity constitutionally vested with the

authority to ensure that a balance is

maintained in appointments into federal

government public and civil services

amongst other functions.

Information on the website of the Federal

Executive Body indicate that the Federal

Character Commission, FCC was

established by Act No 34 of 1996 to

implement and enforce the Federal

Character Principle of fairness and equity

in distribution of public posts and socioeconomic

infrastructure among the various

federating units of the Federal Republic of

Nigeria.

According to the provisions of 1999

Constitution in Sections 14 and 153 "The

composition of Government of the

Federation or any of its agencies and the

conduct of its affairs shall be carried out in

such manner as to reflect the Federal

Character of Nigeria and the need to

promote National unity and also command

national loyalty , thereby ensuring that there

shall be no predominance of persons from a

few states or from a few ethnic or sectional

groups in that government or in any

agencies."

From the law cited above, the grand norm

guiding the principle of federal character is

clear.

With the tension between the executive and

the legislative arms of government, rearing

its urging head again,one can never tell what

could become the 'banana peel' or Achilles's

heels of Mr. President.

I personally do not believe that there is a

compliance desk presently in Aso Rock

villa,otherwise these political 'blind spots'

could have been spotted from afar and

avoided by Mr. President whom l believe

listens. Here is my evidence that President

Buhari listens:

During the campaign for the presidency,

opponents dug up then presidential

candidate,Buhari's not too palatable record

as a military dictator who convicted

journalists like Nduka Irabor and Tunde

Thompson retrospectively and authorised

the execution of drug offenders with

similarly back dated laws when he was head

of state..

In an article titled ".When A Public Mistake

Requires An Old Fashioned Apology"

published on the back page of Thisday

newspaper and other mainstream and online

media platforms,I suggested that as a

leader,Buhari and his opponent, GoodLuck

Jonathan should apologise to Nigerians for

their past mistakes .

None of the candidates heeded the advise

then, but when Buhari later met Tunde

Thompson, he reportedly personally

expressed his regret even though he defended

his actions atthe time as being an inevitable

decision that had to be made and did not

admit guilt, which was fair enough.

Amongst other demonstrations of ability

to be a listening leader, President Buhari who

initially resisted the removal of fuel subsidy,

later acquiesced with it; he was also against

devaluing the naira but our currency is now

floating and he threatened to apply deadly

force in dealing with Niger Delta militants,

but he has similarly backed down, allowing

the application of dialogue for peace to

prevail.

Concluded

*Mr. Onyibe, a former commissioner in

Delta State, wrote from USA.


Nigeria’s

economy

slides into

recession

in Q2

Affordable housing:

Stakeholders

seek local

mortgage

Lafarge

Africa pays

N13.66bn

>25

>20 financing solutions

>21

dividends

MONDAY, JULY 04, 2016

MDAs operate bank

accounts in violation of

TSA guidelines

By BABAJIDE

KOMOLAFE & YINKA

KOLAWOLE

SOME federal

government agencies

now operate bank

accounts in violation of the

Treasury Single Account

(TSA). The TSA is a bank

account or a set of linked

accounts through which the

government transacts all its

receipts and payments.

Under the TSA, all

government payments for

services and revenue

collections are operated

through one account known as

Consolidated Revenue Fund/

Treasury Single Account (CRF/

TSA) domiciled with the

Central Bank of Nigeria

(CBN). Going by the TSA

regulations, ministries,

departments and agencies

under the federal

government are not allowed

to open or operate any bank

account.

According to the CBN

guidelines on the

implementation of TSA,

“government agencies are not

to operate any bank account

under any guise, outside the

purview and oversight of the

Treasury.” Also, the

“Guidelines on the

Implementation of Treasury

Single Accounts (TSA) I e-

Collection”, issued by the

Office of the Accountant

General of the Federation

(OAGF) on October 15th,

2015, prohibited MDAs from

operating any bank account.

It stated, “No MDA is

permitted to maintain

account for any purpose with

commercial banks including

transit accounts. Diversion

of deposits to any

commercial bank account

and use of surrogate accounts

of any form is strictly

prohibited.”

Vanguard investigations

however revealed that some

MDAs, especially tertiary

institutions and some federal

colleges maintain accounts

It was also

gathered that some

schools adopted

the method

because they

claimed it was

difficult accessing

the funds early

enough, especially

the money for

feeding of the

boarding students

at the beginning of

the term.

with commercial banks.

These include: University of

Port Harcourt, Port Harcourt;

Federal College of Education,

Abeokuta; Federal

Polytechnic, Kaura Namoda,

Zamfara State; and Federal

Government Colleges also

known as Unity Schools.

How Unity Schools

circumvent TSA policy

Vanguard investigations

revealed that most of these

schools still collect all

manners of payment using

their Parents Teachers

Association (PTA) accounts.

Although, managements of

the schools claim that the

PTAs are run independently,

it was discovered that they

(PTAs) are mostly cronies

who are often used to bypass

due process.

For instance, one of the

Unity Schools in Lagos last

term directed parents to pay

their wards’ school fees in

cash to the school’s cashier,

ostensibly to avoid the

challenges being faced in the

process of paying into the

TSA accounts with banks.

This was however

discontinued when some

parents voiced their

objections.

It was also gathered that

some schools adopted the

method because they claimed

Continues on page 18

C

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18 — Vanguard, MONDAY, JULY 04, 2016

COVER

C

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MoU SIGNING - From left: Commissioner of Finance, Cross River State, Mr. Asuquo Ekpenyong

Jr.; CEO, Vine Advisory Partners Limited, Mrs Bola Allison, and Business Development

Director,Vine Advisory Partners Limited, Mr Ajibola Adams during the signing of MoU between

Cross River State and Vine Advisory Partners Limited On Communications Infrastructure

Maintenance Initiative in the State.

MDAs operate bank accounts

in violation of TSA guidelines

Continued from page 17

it was difficult accessing the

funds early enough,

especially the money for

feeding of the boarding

students at the beginning of

the term.

MDAs advertise

bank accounts

Vanguard investigations also

revealed that some of the

MDAs even advertised bank

accounts for collection of

sundry fees. For example,

University of Port Harcourt in

advertisement published in

Punch Newspaper on Monday

June 20th, 2016, page 41

stated, “Application fee of

fourteen thousand naira

should be paid online at any of

the following banks: U&C

Microfinance Bank, UBA,

Union Bank, Access Bank,

Ecobank and First Bank”.

Similarly, Federal Polytechnic

Kaura Namoda, Zamfara state,

advertised in Punch Newspaper

June 20th 2016, page 45,

stating, “Application forms in

respect of programmes in 1.0-

4.0 are obtainable from the

following centers on

presentation of non-refundable

fee of Two thousand nine

hundred naira (N2, 900),

Ecobank Plc, Kaura Namoda;

Ecobank Plc, Gasau, Zamfara;

Access Bank, Bida Road,

Kaduna, Kaduna State; Access

Bank, Katsina, Katsina State;

Access Bank, Sokoto, Sokoto

State; Access Bank, Kano, Kano

State, Access Bank, Dutse,

Jigawa State”.

The Upper Niger River Basin

Development Authority, an

MDA under the Federal

Ministry of Water Resources

also advertised its Keystone

Bank account. In an

advertisement titled, “Request

for Expression of Interest/

Invitation to tender for projects

under the Authority’s Year 2016

Appropriation, published on

June 20th, page 48, Punch

Newspaper, the agency said,

“Payment of Non-Refundable

Tender fee should be made

into the following bank details:

Account Name: Upper Niger

River Basin Development

Authority, Minna; Bank Name:

Keystone Bank; Account

Number: 1001165435”.

It is illegality-CBN

But a top official of CBN

describes such accounts as

illegal. Speaking under

condition of anonymity, he said:

“No MDA is permitted to have

any account with any bank and

for any purpose. Doing so

amounts to illegality. We are

aware of incidences of some

MDAs using pseudo names to

open and operate bank

accounts. It is criminality that

will attract severe sanctions."

Another CBN staff who spoke

to Vanguard on condition of

anonymity confirmed this

development saying what some

MDAs do is to have an

arrangement with a bank to

open a bank account either with

a pseudonym or with name of

one of the officials of the MDA.

“Whenever anybody comes to

make payment in the name of

the MDA, the money will be

paid into the account without

‘MDAs are not

allowed to

transfer funds

from their CBN

Sub Accounts to

commercial banks

or other financial

institutions before

spending. All

payments are to

be made from the

CBN Sub Accounts

directly to

beneficiaries.

the knowledge of the payee”.

Provision Accounts

for Special purpose

Though the TSA guidelines

make provision for MDAs to

have sub-accounts for special

purpose, such accounts are

however supposed to be

domiciled with the CBN.

The guidelines from the

OAGF stated, “Where a donor

to an MDA requires that a

separate account be maintained

for the purposes of managing

such funds, a Donor Fund Sub

Account will be opened at CBN

for that purpose. All counterpart

fund accounts are to be

domiciled at the CBN. All

Donor and Counterpart Fund

Accounts are to be linked to the

TSA as Sub Accounts. Spending

from such accounts will be based

on approved budget.

“There are situations where

some fully or partially funded

MDAs (eg Universities, other

tertiary educational and health

institutions) raise funds through

fees, donations, endowments

and sponsorship for specific

tasks like sports, research,

prizes, trainings and

workshops. Any fully funded

MDA with such arrangement is

to apply to the OAGF for

approval to operate TSA Sub

Account at the CBN for such

purpose. All such applications

will be accompanied by details

of sources of funding and

proposed spending plan.

‘MDAs are not allowed to

transfer funds from their CBN

Sub Accounts to commercial

banks or other financial

institutions before spending. All

payments are to be made from

the CBN Sub Accounts directly

to beneficiaries. The

Monitoring and Enforcement

Team will ensure that any act of

non-compliance is detected and

sanctioned. The use of multiple

Sub Accounts at CBN is not

encouraged. MDAs are advised

to use relevant books of

accounts to keep track of

different receipts and

payments.”

Investing in agriculture: Way out of

current economic challenges in the

country

We are faced with realities that oil cannot do it

alone anymore, going by the current oil

price. It is evident that Nigeria does not

produce oil directly. We do it through joint venture patterns

like Exxon Mobil, Shell, Chevron, and Agip. Their

production cost per Barrel is about $20, after deducting

production cost, the profits are then shared 60: 40 between

Nigeria and the oil major. At $100/ barrel, with a

production cost of $20/ barrel; the gross profit left the oil

companies deduct their cost by $80 per barrel, which

would then be split between the companies and Nigeria at

60: 40 ratio. This means that at $100 per barrel Nigeria

gets about $48/ barrel (60% of the $80 gross profit per

barrel) which translates to about $40 billion per year.

At the current oil price of $30 per barrel, the gross profit is

only $10 per barrel after deducting the $ 20 per barrel

production cost. Remember that Nigeria takes only 60% of

the gross profit. What that means is that Nigeria gets $6 per

barrel, which translates to about $5 billion per year at 2.3

million barrels per day.

The economic situation of Nigeria as a result of this is in a

dilemma. Where do we go and what shall we do? This is the

question millions of Nigerians are asking.

The answer to this question is a shift from oil dependency

to agriculture. Our entrepreneurs and government should

focus their investment on Agriculture.

Nigeria spends about $10 billion a year on the importation

of agricultural and forest products. This is about 19% of our

total imports. While it is noble for the Buhari government to

be making the case for Nigerians to look inwards, talk alone

States do not need to depend on

government alone to generate

revenue to pay workers’ salaries

and execute development projects.

will not do the job. We cannot eliminate the $2.2 billion per

year we spend on animal products and derivatives if we

rely exclusively on Fulani herdsmen that have to walk

across the whole country looking for grass for their cattle.

We cannot eliminate the $1.5 billion per year we spend on

the importation of wheat alone if we do not resuscitate this

sector. Wheat farmers in Northern Nigeria can produce all

the wheat Nigeria needs if the policy is enacted to support

them by introducing varieties that can enhance yields from

the current 2 tons per hectare to global benchmarks of 4-5

tons per hectare. Financing has to be provided to the

farmers to support the mechanization of their farms. The

government will have to step in albeit temporarily, to create

marketing boards that will help establish market exchanges

that will ensure that farmers are matched up with

purchasers. Instead of creating “grazing corridors” across

all of Nigeria as the Agriculture Minister recently

announced, Nigeria should be working to mechanize and

commercialize the work of Fulani nomads. The nomads

roam the country looking for grass for their cattle. However,

grass can be farmed year-round along the banks of the Niger

and Benue, in Northern Nigeria. And those millions of youth

that the government plans on giving N5, 000 per month as

unemployment payments can be gainfully deployed to

support these agricultural initiatives.

If our entrepreneurs and youths are involved in agriculture

with the full support of government both at federal and state

level. The economy will boom, there will be jobs, food for

local consumption and more for export for foreign exchange

generation.

States do not need to depend on government alone to

generate revenue to pay workers’ salaries and execute

development projects. They need to invest more in

agriculture; the security vote they receive every month can

be diverted to this venture. We made mistake before to dump

agriculture for oil, we should not allow that mistake repeat

itself again.

Note: Peter Osalor is always available for public speaking.


BANKING & FINANCE

Neff moves to combat

internet fraud through

deep web

BY BABAJIDE

KOMOLAFE

THE Nigeria Electronic

Fraud Forum (NeFF)

has commenced moves to

combat the threat of internet

fraud through the ‘deep

Web’.

This started with

sensitization of stakeholders

in the electronic payment

industry during the 2nd

Quarterly meeting of the

Forum held on Friday.

Commenting on the

rationale for theme of the

meeting, which was, “The

Deep Web and its impact on

the Global Financial

Industry”, NeFF Chairman

and Director of Banking and

Payment

System

Department, Central Bank of

Nigeria (CBN), Mr. Dipo

Fatokun said, “The reality we

face today is that the

conventional use of the World

Wide Web is like dragging a

net across the surface of the

ocean, capturing less than 1%

of Web Content. It is true that

an entire life exists beyond

the surface of the web as we

know it , the Deep Web. Who

controls this life, what are the

impacts on our electronic

payment transactions and

what impact does it hold for

the Global Financial

Industry?

"When we speak of

electronic payment, it runs on

the web. We have the deep

web and we have the surface

web

"While the surface web

accounts for five percent of

what happens on the web, 95

percent of what happens in

the web is in the deep web

and of course, there are so

many illegal things that come

up in the deep web which

people are not aware of

“And as you know, we have

always emphasized this at

BRIEFS

Heritage Bank CEO highlights

success factor for CBN youth fund

MANAGING

Director/Chief

Executive Officer of Heritage

Bank Plc, Mr. IfieSekibo has identified

“character” as the success factor for the

1,500 youths participating in the Central

Bank of Nigeria (CBN) N3billion Youth

Innovative Entrepreneurship

Development Programme (YIEDP).

Speaking at the official flag off of the

training programme of the first batch of

beneficiaries of the youth empowerment

programme initiated by the CBN with

Heritage Bank Plc and the National Youth

Service Corps (NYSC) as partners, Sekibo

advised the youths to adopt a strong

positive character to enable them take

advantage of the platform being

presented to them.

The event, which took place at the NYSC

this forum that lack of

knowledge or ignorance is

the primary reason why the

spate of electronic fraud has

not abated as well as we

would have love it to abate.

“So that is the reason why

we consider it necessary at

this quarterly meeting as a

form of education,

sensitisation and

enlightenment for members

of the forum and of course the

financial services industry to

be aware that what happens

in the deep web can also

affect us if we are not careful

about it”.

Also speaking at the forum,

CBN Director, Consumer

Protection Department,

Hajiya Umma Dutse stressed

the need to sensitize

consumers persistently on

the threat of electronic fraud.

She said, “We all understand

the effects of fraud. However,

from my position, where I try

with my team to ensure the

consumer is protected in the

financial services sector, the

ELECTRONIC payment

experts have called for

collaboration among

stakeholders to deepen

adoption of mobile Point of Sale

(mPoS) in Nigeria.

An mPOS is a smartphone,

tablet or dedicated wireless

device that performs the

functions of a cash register or

electronic point of sale terminal.

Rising from the Ennovators

Breakfast series [EBS), with

the theme "Making mPoS a

veritable last mile banking in

Nigeria", the experts said

“collaborative approach should

be explored to deepen the

adoption of mPOS in the

country.”

They also called for regular

meeting between the mPOS

certified service providers, the

Central Bank of Nigeria (CBN)

Orientation Village, Kubwa, Abuja marks

the beginning of an experiment in

reducing graduate unemployment in the

country by extending single-digit interest

loans to enable qualified NYSC members

and young graduates fulfill their dreams

of becoming entrepreneurs.

Mr. Sekibo tasked the young

beneficiaries, who through initial tests

were selected from nearly 10,000

applicants, to remain focused and

tenacious so as to be able to succeed. Said

he: “Today, you represent the first step into

an experiment that if we succeed, we

would be on a part of turning the

economic tide of our great nation. But you

have to bring your character to the table.

If you do not bring your character to the

table, this experiment will not succeed.”

and the Nigeria Interbank

Settlement System (NIBSS)

Experts who spoke at the

meeting include: Emmanuel

Agha, Managing Director/

Chief Executive, Innovectives;

Uwagbae Uzebu, Director,

Acceptance Development,

Non Traditional Channels, West

Africa, MasterCard; And

Oluwaseun Omotosho,

Manager, Mobile Financial

Services, Etisalat Nigeria.

Any smartphone or tablet can

be transformed into an mPOS

with a downloadable mobile

app. Typically, when the

business owner registers the

app, the vendor sends the

business owner a card reader

that plugs into the mobile

device’s audio jack. There are

14 mPoS licensed providers in

Nigeria which have so far

SKYE Bank Plc has won the awards of

the ‘best consumer finance product

and best remittance product in West Africa

in this years’s Asian Banker ‘Retail services

West African award’ which took place in

Lagos at the weekend.

According to the Asian Banker,

organiser of the awards, Skye Bank’s

personal finance loans and its money

transfer service within West Africa

known as Flit Cash were adjudged as the

best in their respective categories in the

West African sub region.

Specifically, the award organisers said

the bank’s personal finance loans have

simplified lending to salary earners who

can walk in to any branch of the bank and

obtain a loan against their salaries within

a few hours. It also said the Skye Flitcash

Vanguard, MONDAY, JULY 04, 2016 — 19

SIGNING: From left, Managing Director, Lekki Worldwide Investment Limited, Dr. Tunde Sodade;

Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye;

and Chairman of Rendevouz Nigeria Development Company Investment Limited, Mr. Rotimi

Oyekanmi at the signing of agreement for the expansion of 1,000 hectares of Urban Development

at the Lekki Free Trade Zone.

reality of fraud is more real

than imagined. Daily, we are

inundated with several

claims and counter-claims

that show how exposed and

unprotected we can be when

we fail to observe the

etiquettes that govern the use

of e-payment products.

“In the world we live in

today, it has therefore

become imperative that

E-payment experts seek collaboration to deepen adoption of mobile PoS

deployed with about 2,000

terminals.

This according to experts is

abysmally low when compared

to global deployment of mPOS,

which rose from 4.5 million in

2011 to 9.5 million by 2012,

representing a compound

annual growth rate [CAGR] of

111 percent. With global

deployment of mPOS expected

to rise to 38 million by 2017.

The experts noted that,

“Mobile Point-of-Sale (mPOS)

terminals are revolutionising

the payment acceptance

infrastructure globally. Nigeria

must not be left out. Not only

are these terminals

encouraging a new audience to

embrace card payments [sole

traders and small businesses]

but larger merchants also

recognise the value in taking

consumers are sensitized

consistently in order to

ensure that they stay not only

ahead but also above old,

new and emerging threats in

our payments system.”

the payment ‘desk’ to the

customer.”

Among other things, they

called on mPOS service

providers to focus more on small

businesses because of the value

mPOS can bring to their

businesses. The adoption of

mPOS terminals over standard

POS terminals will be 46 percent

by 2017, most of which will be

driven by the retail and

restaurant industries.

They stressed that, “mPOS

can help impact a business

beyond the transaction through

reporting, marketing and backend

operations. While the

transaction is one of the most

important components of smallbusiness

operations, back-end

reporting that mPOS software

provides is arguably just as

critical to success.

Skye Bank wins best consumer

finance, remittance product awards

service has boosted commerce in the West

African sub region and senders/recipients

do not have a need for a bank account to

enjoy the service. The West African ‘Retail

financial services awards’ programme

covers over 160 retail financial institutions

from 30 countries across Asia Pacific, Middle

East and Africa. It is to recognise

competition and innovation in one of the

fastest growing fierce markets with fierce

competition.

Commenting on the two awards, the

Group Managing Director/Chief Executive

Officer of the bank, Mr. Timothy Oguntayo,

described them as milestones and worthy

affirmation of the bank’s modest

investment in Retail and Commercial

banking since the launch of its Retail

Transformation and Growth (RTAG)

initiative in 2015.

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20 — Vanguard, MONDAY, JULY 04, 2016

BANKING & FINANCE

BY BABAJIDE

KOMOLAFE

The Central Bank of

Nigeria (CBN) on

Friday reported that

economic activities declined

faster in June, confirming

that the nation’s economy

formally entered into

recession in the second

quarter of the year.

Economic recession is a

period of general decline in

economic activities and it is

typically defined as a

decline in GDP for two or

more consecutive quarters.

Nigeria’s economy

contracted in the first

quarter of the year, as it

recorded negative Gross

Domestic Product (GDP)

during the quarter.

According to the National

Bureau of Statistics the

nation’s GDP in Q1 2016

contracted by 0.36 per cent,

the first negative growth in

many years.

Indication that the

economy suffered

contraction in the second

quarter, and hence a slide

into recession, emerged on

Friday, as the CBN’s

Purchasing Manager Index

(PMI) for June revealed

that economic activities

decline faster in June. The

decline in June represented

decline for six consecutive

months.

The report revealed that in

the manufacturing sector,

“Production level, new

orders, and employment

level and raw material

inventories declned at a

faster rate; while supplier

delivery time improved at a

faster rate”.

It also stated that in the

non manufacturing sector,

“Business activity, new

orders and employment

level declined at faster rate

while raw materials

inventories declined at a

slower rate”

The CBN stated, “The

Manufacturing PMI

dropped to 41.9 index points

in June 2016, compared to

45.8 in the preceding

month. This implies that the

manufacturing sector

declined at a faster rate

during the review period. Of

the sixteen manufacturing

sub-sectors, fourteen

recorded decline in the

review month in the

following order: electrical

equipment; non metallic

mineral products; furniture

& related products;

fabricated metal products;

chemical & pharmaceutical

products; printing & related

support activities; paper

products; food, beverage &

tobacco products; cement;

computer & electronic

products; plastics & rubber

products; textile, apparel,

leather & footwear;

petroleum & coal products

and primary metal. The

remaining two sub-sectors

Nigeria’s economy slides

into recession in Q2

•As Purchasing Managers Index drops faster in June

•N420bn inflow crashes interbank interest rate

however recorded

expansion in the following

order: appliances &

components and

transportation equipment.

“The composite PMI for

the non-manufacturing

sector recorded decline for

the sixth consecutive month.

The index dropped to 42.3

points, indicating a faster

decline compared to that in

May 2016. Of the eighteen

non-manufacturing subsectors,

fourteen recorded

decline in June 2016. Of the

eighteen non-manufacturing

sub-sectors, fourteen

recorded decline in June

2016 in the following order:

construction; professional,

scientific, & technical

services; management of

companies; utilities;

Production

level, new

orders, and

employment

level and raw

material

inventories

declining at a

faster rate;

while supplier

delivery time

improving at a

faster rate

accommodation & food

services; real estate, rental

& leasing; electricity, gas,

steam and air conditioning

supply; educational

services; wholesale trade;

public administration;

information &

communication; finance &

insurance; repair,

maintenance/washing of

motor vehicles; and arts,

entertainment & recreation.

The health care & social

assistance sub-sector

remained unchanged, while

the remaining three

subsectors recorded growth

in the order: water supply,

sewage & waste

management; agriculture;

and transportation &

warehousing”

N420bn inflow

crashes cost of funds

Meanwhile, cost of funds

in the interbank money

market crashed last week

following the inflow of N420

billion which doused the

scarcity of funds that rattled

the market two weeks ago.

From an average of 40

percent at the beginning of

the week, average cost of

funds crashed four percent

at the close of business on

Friday.

Vanguard investigation

revealed that the market

received inflow of N115.03

billion from payment of

matured treasury bills and

another N305 billion inflow

from statutory allocation

funds. Consequently, the

liquidity position of the

market improved from minus

N155.2 billion the previous

week to N267 billion at the

close of business on Friday.

The improved liquidity

also led to a decline in

banks’ borrowing from the

CBN, which dropped by

28.71 percent from N929

billion the previous week to

N882.52 billion last week.

This sharply contrast with

an increase of 230 percent

increase recorded the

previous week.

On the other hand, amount

of idle funds banks

deposited with CBN fell by

61.31 percent to N88 billion

from N227 billion the

previous .

The liquidity improvement

in the market may not be

sustained this week, as the

CBN is expected to mop up

N94 billion through sales of

treasury bills, leading to

likely increase in cost of

funds

Naira depreciates in

all segments of forex

market

Last week was an

unpleasant one for the

naira, as it depreciated

against the dollar in all the

segments of the foreign

exchange market.

At the interbank segment

the naira depreciated by

N1.36 or 0.19 percent to

N282.5 per dollar from

N281.14 the previous week.

Also in the bureaux de

change and parallel market

segment, that naira

depreciated by 1.17 percent

or N4 and by 2.9 percent or

N10 respectively.

From N343 per dollar the

previous week, the BDC

exchange rate rose to N347

per dollar, while the parallel

market exchange rate rose

from N345 to N355 per

dollar.

Analysts at Cowry Assets

Management Limited, a

Lagos based investment and

research firm, however,

expressed optimism that the

naira will appreciate in the

coming weeks due to

increased confidence and

investments by investors in

the Nigerian economy and a

reduction in front loading

(precautionary purchase) of

scarce foreign exchange.


CORPORATE FINANCE

Lafarge Africa pays

N13.66bn dividends

... Targets capacity increase to 14.1 m tons

Vanguard, MONDAY, JULY 04, 2016 — 21

BY NKIRUKA

NNOROM

LAFARGE Africa Plc has

declared N13.66

billion dividends, which

translates to 300kobo per share

and bonus issue of one new

share for every 10 previously

held by shareholders for the

year ended December 31, 2015.

The company stated that it

expects its installed capacity to

rise to 14.1 million metric tons

per annum with the completion

of 2.5mm tons plant lines in one

of its subsidiaries, United

Cement Company of Nigeria,

Unicem, Limited.

Lafarge Africa owns 50 per

cent equity stake in Unicem

and plans further acquisition of

additional 50 per cent interest

before the end of the year to

bring its shareholding in the

company to 100 per

cent. Addressing

shareholders at the 54th

Annual General

Meeting, AGM, in

Lagos, the chairman,

Mr. Mobolaji Balogun,

revealed that 2.5Mtpa

cement capacity

expansion work in the

Mfamosing plant at

Unicem is on-going and

would be commissioned

later this year.

He stated that the

capacity expansion in

Unicem in addition to

other acquisitions it

made within the year,

particularly acquisition

of 82.5 per cent stake in

Ashaka Cement Plc,

would positively impact

its top-line and bottomline,

thereby resulting in

increased value for

shareholders. “When

completed, this will increase

the total cement production

capacity of Unicem to 5Mtpa

and 14.1Mtpa for Lafarge

Africa. This strategically

located investment will

increase our share of the

growing cement market in the

South East and South South

regions in Nigeria.

“This transaction will be

value accretive to the

shareholders of Lafarge Africa.

In addition to other synergies

from full ownership of the

company, the transaction will

enable the debt refinancing of

Unicem via Lafarge Africa and

improve the corporate

organisational structure,” he

said.

He explained that as part of

cost saving measures, the

group’s operations in Nigeria

as Wapco, AshakaCem and

FCMB restates commitment to enhancing stakeholders’ value

BY PETER EGWUATU

THE First City Monument

Bank, FCMB Plc has said

that it is committed to customerfocussed

products so as to enhance

stakeholders’ value.

Over the years, banking in

Nigeria has progressed from the

traditional financial service

activities to become a core part of

the lifestyle of individuals,

businesses and societies. These

days, the assessment and success

of corporate organisations,

including banks, are largely

measured by their level of

connection with the people and the

customer-centric solutions they

offer. This fact was succinctly

captured by Roy Spence, cofounder

of GSD&M, a leading

advertising firm in the United

States, who declared that, ‘’every

PRESS CONFERENCE - From left, David Kruyt, App Owner, 474 Recharge App, Dr. Inderpal

Mumick, Chief Executive Officer, Kirusa Incorporated, Charles BillyFrank, Head of Enterprise

Business, Kirusa; Vishavjit Soni, Product Manager, MyGenie App and Oluseyi Akinnibosun,

Country Manager, Kirusa Nigeria at a press conference to announce the launch of MyGenie

App in Lagos.

Unicem are organised along

one country organisation with

functional lines to remove role

duplication and ensure that

business needs to be in the

business of improving

customers’ lives”.

For First City Monument

Bank (FCMB) Limited, this

declaration underlies its

business philosophy and

indeed the way to go in the

drive to attain the highest

levels of customer advocacy to

consolidate its position as one

of the foremost brand and

inclusive lender. From a

humble beginning, 33 years

ago, as a Stockbroking

Company and an Issuing

House, known as City

Securities Limited (CSL) and

subsequently a Merchant

Bank, the FCMB brand has

stayed the course in spite of the

challenging macroeconomic

and regulatory environment.

synergies from the

consolidation of the group’s

entities are realised. Balogun

noted that the action is

Speaking on these

developments, the Group

Managing Director/Chief

Executive Officer of the Bank,

Mr. Ladi Balogun had said,

‘’we have a great foundation to

continue to build on and we are

confident that our strategy is

building the necessary

resilience. We will continue to

reinforce our position as an

inclusive lender by supporting

sectors that will drive the

prosperity of the markets in

which we operate. We will also

bring greater accessibility to a

broad range of financial

services. By doing so, we will

continue to strengthen our

resolve to build a very resilient

financial services franchise.”

For instance, in April last

year, FCMB embarked on a

expected to deliver significant

cost savings which will have a

positive impact on the financial

results in the near term.

massive and revolutionary

brand realignment cum

refresh, which led to a

replacement of its former

colours of black and gold with

a vibrant combination of purple

and yellow that speaks to a

wider audience. The

development also saw the

launch of a new thematic

campaign tagged, 'A World of

Opportunity'. The campaign,

tied to the refreshed corporate

identity of the Bank, tells

compelling stories of life and

business aspirations of diverse

Nigerians and how FCMB

supports them to bring such

dreams and aspirations to

reality. This is in conformity to

the true spirit of the brand’s

pay-off line of the firm, 'My

Bank and I'.

BRIEFS

Oando bounces back with N4.1bn PAT

OANDO Plc , an indigenous energy

group listed on both the Nigerian

and Johannesburg Stock Exchange, has

posted an unaudited results for the three

months period ended 31 March, 2016,

recording a Profit After Tax, PAT of N4.1

billion. This represents a 120 percent

increase compared to first quarter, Q1 2015

figures. The company’s financial

highlights also indicate that turnover

decreased by 34 per cent, with N64.0 billion

realized compared to N97.1 billion for the

same period last year.

Global crude pricing fluctuation has

changed the corporate landscape for oil

companies, and has had far-reaching

economic implications on Oando and

many other indigenous firms in the industry.

The company’s Q1 results are a welcome

contrast for investors and shareholders

alike following Oando’s dismal 2015

financial performance which was

significantly impacted by impairments and

foreign exchange pressures.

The results were delayed due to an

exhaustive audit process overseen by

external auditors, Ernst & Young, and

extension approvals were sought and

received by Oando from the Securities and

Exchange Commission (SEC) and the

Financial Reporting Council (FRC).

Commenting in a statement issued by

the company, Mr. Wale Tinubu, Group

Chief Executive, Oando PLC highlighted

the company’s drive to ensure profitability

going forward: “This first quarter of 2016

demonstrates our dedication to return our

business to profitability by the end of the

2016. We have implemented constructive

corporate initiatives which are driving

forces for our business in this new global

reality of economic restraint and lower oil

prices in our industry. The successful and

ongoing implementation of these

initiatives reiterates our strategy of

Growth, Deleverage and a return to

Profitability by the end of 2016. As a group

we have placed our focus on growing our

upstream higher margined business while

still holding fundamental interests in the

midstream and downstream sectors. We

look forward to a rewarding year, where

we solidify our aspirations and return to

profitability”.

Fidelity upbeat on diaspora

remittances despite oil price slump

FIDELITY Bank Plc has expressed

optimism that the prevalent

economic condition triggered by the

slump in global oil prices will not dampen

diaspora remittance to Nigeria.

According to the bank, remittances from

Nigerians living abroad is expected to hit

$35 billion in 2016, making Nigeria one

of the largest recipient of remittances

globally. Speaking at a Prize

Presentation ceremony, Aku Odinkemelu,

Executive Director, South, Fidelity Bank

Plc, said that whilst every sector has been

experiencing a slowdown, diaspora

remittances have continued to grow

unabated.

Odinkemelu, who pointed out that

Nigeria can take advantage of the

enormous, but untapped financial

reservoir from the diaspora to weather

the current economic storm, recognised

the growing potential of this market

segment in the South-East region. At the

ceremony, the bank presented a brand

new Kia Rio car to a lucky customer, Malachy

Igbodo, the winner of the bank’s MoneyGram

Promo.

She said the prize presentation is intended

to acknowledge the massive contributions of

the South-East region particularly as it relates

to boosting diaspora remittances and other

capital inflows into the Nigerian economy.

While making the presentation at the

former Polo Field, Odinkemelu noted that the

performance of the financial institution in the

region was second to none. She further added,

“We are regarded as the bank for the South-

East and South-South and the evidence is the

growing patronage and loyalty of customers;

we are determined to recognize and reward

that loyalty.” Igbodo, a student and

businessman, who has been using his mother’s

car described himself as a surprise winner,

further adding that it was probably the volume

of his diaspora transactions with foreign

business partners that eventually raised his

chances of participating and winning the

raffle draw.

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22 — Vanguard, MONDAY, JULY 04, 2016


Vanguard, MONDAY, JULY 04, 2016 — 23

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24 — Vanguard, MONDAY, JULY 04, 2016

HOMES & PROPERTIES

BY YINKA KOLAWOLE

As part of efforts to

ensure that

Nigerians have easy

access to affordable housing,

stakeholders in the housing

sector have called for the

adoption of local solutions to

mortgage financing in the

country.

The call formed part of the

recommendations in a

communiqué issued by the

stakeholders at the end of the

recently concluded 2016

Affordable Housing Summit

in Abuja. The summit was the

culmination of series of

consultations amongst

government and nongovernment

stakeholders in

the housing industry and is

intended to generate the

framework for a robust

policy for affordable housing

delivery in Nigeria.

Participants made several

recommendations, which

are presented on the basis of

five thematic issues/pillars,

namely: Lands, finance,

Concessions and incentives,

strategic focus on off-takers

and, skills development and

technology.

In the communiqué, the

stakeholders stressed the

need to proffer local

solutions to mortgage

financing by considering

generational mortgage

financing where tenor could

be extended beyond the

original mortgagee for

continuity; maintain the

single digit interest rate in

mortgage loan even if it

requires subsidizing for the

low income earners;

recapitalise the Federal

Mortgage Bank of Nigeria

(FMBN) and; enforce the

National Housing Fund

(NHF) contribution as

enshrined in the enabling

Act. They also canvassed for

investment of a sizeable part

of pension funds, dormant

assets of banks and

unclaimed dividends in

primary mortgage products;

put in place the appropriate

BRIEFS

Affordable housing: Stakeholders seek

local mortgage financing solutions

construction financing

schemes including funding

sources for multilateral

schemes; and for the

National Assembly to fasttrack

the amendment of

relevant laws such as

Affordable

housing is the

provision of

accessible and

subsidised

housing

solutions on a

sustainable

basis through

end-users

driven

initiatives

Brexit: US mortgage hits

new year low

Mortgage rates hit a new low

for the year, falling to 3.48

percent after Britain voted for a

divorce from Europe. Last week, the

average 30-year fixed-rate loan was

3.56 percent, according to Freddie

Mac. A year ago it was above 4

percent.

We’re this close to the record low

3.31 percent rates posted in November

2012. Back then, borrowing costs hit

rock bottom because there wasn’t

much demand for loans in the wake

of Hurricane Sandy. Stock prices

were falling, too, sending big

investors in search of a safe place to

park their money. That flight to

financial safety typically sends

mortgages rates down.

This time, as predicted, mortgages

are being driven down by news out

SUMMIT - From left, Mr. Ugochukwu Chime, REDAN President; Mr. Emmanuel Mbaka ,

MD/CEO, Platinum Mortgage Bank; Dr. Femi Johnson, President of MBAN; and Dr. Chii Akporji,

ED, Policy & Strategy, NMRC during the recently held Affordable Housing Summit in

Abuja

foreclosure, mortgage,

insurance laws etc. The

stakeholders also called on

both Federal and State

governments to reduce the

of Britain, which last week voted to

leave the political and economic

embrace of the European Union — the

now-infamous Brexit. That sent the

10-year Treasury bond yield

plummeting, dragging mortgages

down with it, as investors looked for

shelter in an uncertain market.

“This week’s survey rate is the

lowest since May 2013 and only 17

basis points above the all-time low

recorded in November 2012,” Freddie

Mac chief economist Sean Becketti

said. “This extremely low mortgage

rate should support solid home sales

and refinancing volume this

summer.” Shockwaves from the

Brexit vote haven’t completely

subsided, meaning rates will stay low

for the time being and might even fall

further.

cumbersome process of land

acquisition and land titling

with a view to easing housing

construction; introduction

of tax exemption to

“Pension funds not suitable for housing

development”

BY YINKA KOLAWOLE

Minister of Finance,

Kemi Adeosun, said

the long-term nature of

pension funds make it

unsuitable for housing owing

to the high risk involved at

the development stage,

adding that they are more

ideal for mortgage financing.

Adeosun who disclosed this

at the Affordable Housing

Summit recently held in

Abuja, noted that it would be

ill-advised to channel

pension funds to direct

housing development,

adding that potential role of

pension funds in housing

provision is much

misunderstood.

“The pension funds have

been frequently touted as a

funding solution to most

needs in Nigeria, including

housing. Pension funds do

represent a pool of long term

funds, they are not an ideal

source for housing at the

development stage due to the

high level of risk associated

with this phase. What

pension funds need is

predictable flow of annuity

income to meet future

pension payment

Singapore bank suspends

loans on London homes

developers who build and

provide infrastructure at

affordable housing sites;

targeting Cooperative

societies as group off-takers

for affordable housing and;

mainstreaming energy

efficiency measures into the

National Building Code

through the production of

practice notes, planning

standards, rules and

regulations for the various

skills in the built

environment

Different speakers at the

summit attempted to define

‘affordable housing’ in the

Nigerian context. Centre for

Affordable Housing and UN-

Habitat defines affordable

housing as “housing that is

accessible, appropriate, and

secure for the needs of the

low and moderate income

households and is priced so

as to able them meet their

other basic living costs like

health, education and

feeding. This is usually

estimated at about 30

percent of Gross household

income”.

obligations and this is

provided at the mortgage

phase rather than the

development phase.”

The minister asserted that

what is needed in the

development phase of

housing provision,

particularly at the early stage,

is creative government

intervention that will attract

private capital. According to

her, the government is

planning to de-risk lending to

approved housing

developers in order to

stimulate the growth of the

sector, with appropriate

safeguards.

The third-largest bank in Southeast Asia has suspended

loans on London properties following the Brexit vote.

Singaporean lender United Overseas Bank said it would

temporarily halt loans for properties in the capital as a result of in

uncertainty caused by the UK vote to leave the European Union,

according to Bloomberg.

In an email, a spokesperson for the bank reportedly said: “As

the aftermath of the UK referendum is still unfolding and given

the uncertainties, we need to ensure our customers are cautious

with their London property investments. We are monitoring the

market environment closely and will assess regularly to determine

when we will re-instate our London property loan offering.”

Other Singapore lenders DBS Group Holdings Ltd and

Oversea-Chinese Banking Corp., said they continue to lend

money for London purchases but urged buyers to proceed with

caution.

Tok Geok Peng, DBS’s executive director of secured lending,

said in an email: “For customers interested in buying properties

in London, we would advise them to assess the situation carefully

before committing to their purchases as there could be potential

foreign exchange and sovereign risks.”


HOMES & PROPERTIES

Vanguard, MONDAY, JULY 04, 2016 — 25

which have a luxurious

master bedroom, a study and

a private garden located in

the penthouse with beautiful

view of the area.

“All bedrooms in the

development are ensuite,

while the master bedrooms

have walk-in closets. In

addition, the kitchens were

designed to be very spacious

so as to accommodate kitchen

islands, and a central garden

provides room for community.

Months of planning went into

the project, including a

survey to ensure that the

needs of the target market

were well met. So far, we

have invested over three

months and other resources

in raising the ground level

above that of the road, so that

the development would not

be affected by floods and the

likes. More importantly,

integrity of the buildings is

not something we can

sacrifice for profit. As such,

the buildings are being

extensively piled, with over

a100 piles sunk already at

enormous cost. This would

however ensure the buildings

stand strong come what

may”, Beecroft said.

N5bn Maryland Mall to boost

retail, agro sectors - Investors

Model of TM Gardens

Housing deficit: Developer

unveils TM Gardens

BY KINGSLEY ADEGBOYE

The clamour for

affordable housing

against the backdrop

of about 21 million housing

units deficit in the country has

been boosted with the

entering of a new mid-market

residential housing estate

known as TM Gardens into

Nigerian real estate market.

The project which is

currently in the construction

stage, is being developed and

promoted by Tetramanor

Limited, a Lagos-based

emerging real estate

developer with focus on the

Lagos Mainland and its

environs. Strategically located

midway between Lagos

mainland and Island at

Costain-Iponri axis of

Surulere, behind Leadway

Assurance Plc within Olaleye

New Town vicinity, the TM

Gardens is planned for

delivery within the first

quarter of 2017.

According to Tetramanor

Limited Business

Development Manager, Mr.

John Beecroft, construction of

the estate which commenced

in March 2016 and to be

delivered by March 2017,

provides quick access to

attractions, basic facilities and

amenities. “The development

features a mix of

condominiums (4 units), town

houses (8 units) and

maisonettes/penthouses (2

units). Attaching paramount

importance to creative

aesthetic designs, the

functionality of the spaces

was not sacrificed, and can

further be customized in line

with home owners’ tastes.

Each of the condominiums

has three bedrooms, while the

town houses come with four

bedrooms and a maid’s

rooms. The show piece of the

development however is the

maisonettes/penthouses

We have a

flexible

payment plan

for those

interested in

this fantastic

investment

opportunity

BY KINGSLEY ADEGBOYE

Purple Capital Partners

Limited, developers and

promoters of N5 billion

Maryland Mall, a new

addition to proliferation of

modern malls in Lagos, have

said the big black box as it is

known, will boost retail and

agro-allied sectors of the

nation’s economy.

Expressing this optimism at

the formal commissioning of

the strategically located mall,

last week, Mr. Omotola

Mobolurin, Chairman,

Purple Capital Partners,

noted that Lagos is fast

becoming Africa’s real estate

and retail capital despite the

plethora of markets, street

side shops and grocery stores

across the state.

According to Mobolurin

social evidence suggests that

Lagos residents still clamour

for the modern, stress-free

shopping experience, adding

that residents of this fast

growing city can now boast of

an additional shopping mall,

the Maryland Mall, which

was the foresight of Purple

Capital Partners Limited

PCPL, which began

financing and developing the

N5 billion retail, lifestyle and

entertainment complex barely

two years ago. “I am

delighted about the safe

arrival of this new retail,

lifestyle and entertainment

infrastructure, with the

capacity to provide merchants

and shoppers with amenities

and services that befit the

state’s mega-city status. It is

particularly gratifying that the

construction and financing of

this retail development was

concluded on time and within

projected funding estimates,”

Mobolurin said.

Declaring the Mall open for

business, Mrs. Onikepo

Akande, President, Lagos

Chamber of Commerce and

Industry LCCI, said: “It is my

sincere belief that this new

mall will help to expose and

grow the manufacturing and

commercial potential of Lagos

state and by extension, the

national economy. Indeed,

retail is one of the

cornerstones of trading and

investment, and Purple

Capital, the developers of

Maryland Mall, have done

extremely well to give

Maryland a new lease of life

through this retail

investment.”

BRIEFS

Northern governors urged to adopt

systematic land titling

BY CHRIS OCHAYI

The Surveyor-General of the

Federation, Surv. Ebisintei

Awudu, last week called on the

governors of northern states to adopt

the systematic titling of land tenure

services to boost their states’ revenue

generation.

Awudu who made the call while on

familiarisation visit to the Nasarawa

State Geographic Information System

NAGIS, located in Karu Local

Government Area, noted that the GIS

employed by the Nasarawa State

Government was already yielding

fruitful results for the state.

He stated that combining systematic

and sporadic titling in land

administration was the way to go in

the present dispensation of

technological advancement, describing

the Nasarawa state project as a laudable

venture which will increase the State’s

revenue base.

According to him, the funds generated

can in turn be channeled into other sectors

in need of development, pointing out that

presently, the seed money invested by the

government has already been surpassed

by the management team of NAGIS set

up for the purpose.

In his remarks, the Nasarawa State

Surveyor-General, Yusuf Awuya stated

that NAGIS will enable the government

to enjoy technological and economic

development at a quicker pace. He

described the project as an empowerment

programme, and therefore called on

residents of the state to take advantage of

the improvement in technology to get their

lands titled.

Former NISER DG laments

state of infrastructure

In any nation, infrastructure contributes to economic development

by increasing productivity and providing amenities which enhance

the quality of life. The services generated as a result of an adequate

infrastructure base will translate to an increase in aggregate output.

But the state of infrastructure in Nigeria today is deficient in quantity

and quality thereby retarding the growth of national economy and

development generally.

This was the submission of Prof. Olu Ajakaiye, former Director-

General, Nigerian Institute for Social & Economic Research NISER,

Ibadan, who was the guest lecturer at the 2016 Annual Public Lecture

of the Department of Economics, University of Lagos, Akoka, Yaba last

week.

Speaking on the theme “The State of Infrastructure in Nigeria:

Challenges and the Way Forward”, Ajakaiye said a number of recent

studies and reports on the state of infrastructure in Nigeria indicate

that with possible exception of Information and Communication

Technology ICT, all other components of infrastructure such as roads,

power, electricity and water are deficient in quantity and quality.

According to the former NISER boss, starting with road transport,

data on paved roads in km per 10,000 persons published by the African

Development Bank as part of the African Infrastructure Development

Index for Nigeria and South Africa for comparative analysis revealed

that the kilometre of paved roads per 10,000 persons in South Africa

dwarfs that of Nigeria between 2000 and 2010.


26 — Vanguard, MONDAY, JULY 04, 2016

INSURANCE & YOU

Your rented home,

office buildings

should be insured

By ROSEMARY

ONUOHA

ALL buildings are exposed

to disasters like fire,

collapse, earthquakes, storm or

flood. However, if any of such

disasters befall a public

building; the loss that will

emanate from such incident

will definitely be massive

compared to if a private

building had been affected.

Unfortunately, many public

buildings have been affected by

one or more of such disasters

and property worth millions of

naira were lost, without any

form of compensation to victims

to recoup these losses.

Unknown to many, the

Occupiers Liability Insurance

is compulsory for public

buildings in the country to

minimise losses from such

disasters.

What is Occupiers Liability

Insurance?

This is a type of insurance

that all owners or occupiers of

public buildings, whether

private or public, are required

to provide under the National

Insurance Act 2003 and the

Lagos State Building Control

Law 2010. A public building is

any building that is not 100 per

cent used by the owner for

residential purposes according

to the Nigeria Insurance Act

2003. Public buildings include

tenement houses, hostels,

residential buildings occupied

by tenants, lodgers or

licensees, and any other

building to which members of

the public enter and exit for the

purpose of educational,

recreational or medical services

(e.g. schools, cinemas,

hospitals, malls, petrol stations,

etc).

Occupiers Liability Insurance

provides compensation in

BRIEFS

THE Nigeria Insurers Association,

NIA, has recorded total gross premium

income of N350 billion for the 2015 financial

year. The figure represents a 19 per cent

increase from N294 billion recorded in 2014.

Immediate past Chairman of NIA, Mr.

Godwin Wiggle disclosed this during the

association's 45th annual general meeting

held in Lagos last week.

Wiggle said that the industry was able to

record the increase despite the difficult

operating environment occasioned by

epileptic power; infrastructural decay and

liquidity squeeze brought about by falling

oil price and the slow pace with which the

new government approached governance

which impacted negatively to the business of

insurance in the year under review.

Wiggle said, “With the full implementation

of the corporate governance code, improved

enforcement of ‘no premium, no cover’,

better adherence to the prudential guidelines,

events of bodily injury, death

and property damage to the

business users and members of

the public in case of building

collapse, fire, earthquakes,

storm or flood. The penalty for

non-compliance is N100,000

plus one year imprisonment,

and sealing-off or demolition of

the building under the federal

and the Lagos State laws.

The role of insurance

The primary and traditional

role of insurance is to provide

financial relief to insured

victims who have suffered

losses due to the consequences

of uncertainties such as fire,

flood or quake. Losses

resulting from collapsed

buildings either at the stage of

construction or occupation

bring physical sorrows, fears

and pains resulting from

outright loss of property and

valuables.

Unfortunately, the public are

not taking advantage of the

compulsory policy to protect

themselves against unexpected

risks.

Due to the economic

implications of these losses,

insurers believe the ideal

A public

building is any

building that is

not 100 per

cent used by

the owner for

residential

purposes

according to

the Nigeria

Insurance Act

2003.

Insurance industry gross premium

grows to N350b

full compliance with IFRS and improved

anti money laundering mechanism coupled

with the administrative acumen and

ingenuity of insurance chief executives, the

insurance industry in Nigeria continues to

be preferred investment destination from

renowned players in the world insurance

market.”

Meanwhile, the tenure of Wiggle as the

Chairman of the Association ended at the

meeting and Mr. Eddie Efekoha, Managing

Director of Consolidated Hallmark

Insurance Plc, took up the Chairmanship

mantle while the MD/CEO of AXA Mansard

Mrs. Yetunde Ilori was elected as Deputy

Chairman and the MD/CEO of NEM

Insurance Plc, Tope Smart elected as

Honorary Treasurer.

Efekoha is a Fellow of both the Chartered

Insurance Institutes of London and Nigeria

and also holds a Bachelor’s degree in

Insurance and a Masters degree in Business

Administration both from the University of

Lagos.

VISIT: Minister of Finance, Mrs Kemi Adeosun and Mr. Ken Aghoghobvia, Deputy Managing

Director/Chief Operating Officer of Africa Reinsurance Corporation (Africa Re) during a courtesy

visit of Africa Re to the Finance Ministry in Abuja.

alternative is for Nigerians to

buy insurance policy and

transfer the burden to the

insurers, who are the

professional risk bearers.

In recognition of this losses

and to check this menace,

Section 65 of the 2003

Insurance Act provided for

Occupiers Liability Insurance

policy, which stipulates that

all business and office premises

(government, corporate, and

private), guest houses, hostels

and residential estates, must

take this compulsory policy

cover for protection.

According to insurance

experts, this would surely ease

the burden of government in

mitigating these losses, since

insurance is a social device

providing financial

compensation to cushion the

effect of unexpected

misfortune, adding that

where adequate occupiers

liability insurance policy exists,

property destroyed by fire, for

instance, can be reinstated

with minimum delay.

Former President of the

Nigerian Council of Registered

Insurance Brokers, NCRIB,

Mr. Ayodapo Shoderu said,

“This is why the economy is not

growing. Insurance is the last

hope of any human kind. If a

loss occurs and insurance has

been purchased, it puts the

individual in better stead as if

no loss was incurred. But

where no insurance has been

purchased, it causes a

reduction to wealth by the

amount of value of those

insurable assets.”

Group Managing Director of

Mrs. Yetunde ILori, Chairperson of

the 2016 National Insurance

Conference Planning Committee has said

that the conference is an avenue for

bonding with various arms of the insurance

industry, as well as interact with

stakeholders on opportunities and

challenges of the market.

Ilori who stated this at a media parley

on the activities mapped out for the

conference at the Nigeria Insurers

Association Secretariat in Lagos, noted

that this year’s conference aims to build

on the huge success of the maiden event of

last year.

Ilori said that the conference with theme:

‘Expanding National Resources &

Infrastructure in Challenging Times’ will

be attended by President Muhammadu

Buhari who will declare it open.

The conference set for July 10-13 at

Transcorp Hilton Hotel, Abuja under the

Mutual Benefits Assurance Plc,

Mr. Akin Ogunbiyi, said that a

large percentage of Nigerians

are not aware of these

insurances, as well as the

advantage and benefits that

they will get from insuring

their property.

Managing Director/CEO of

Staco Insurance Plc, Mr. Sakiru

Oyefeso, lamented that many

of the property destroyed by

fire, wind storm, flood, etc do

not buy insurance to protect

themselves. He attributed it

to lack of awareness and

general apathy about

insurance generally.

According to him, any

country that really wants to

develop and grow must take

insurance business seriously

because it is the engine room

for any economic progress.

Insurance Conference will bond various

arms of industry — Ilori

auspices of the Insurance Industry

Consultative Council [IICC], according to

Ilori will reflect the current priority position

of the government and more importantly, a

desire by operators in the insurance industry

to fully complement the efforts of the

government for sustainable socio-economic

growth of the country.

“The insurance industry is ready to key into

various infrastructure projects of the Federal

Government, and we need to hear from

various stakeholders and make them aware

that the industry is ready to partner the

government on its development strides.”

She said the organisers deliberately

invited professionals from various sectors

of the economy as speakers at the conference

to broaden the scope of the discussion for

deeper penetration of insurance awareness

in Nigeria and expanded industry

contribution to Gross Domestic Product

[GDP].


INSURANCE & YOU

CIIN seeks recognition of

professional qualification

in civil service

BY FAITH AGBI

THE Chartered Insurance

Institute of Nigeria

(CIIN) has said that

discussions have reached an

advanced stage with the office

of the Head of Service of the

Federation to gazette the

Institute’s professional

qualifications for employment

purposes in the Civil Service.

The move is in a bid to ensure

that graduates of the College

of Insurance and Financial

Management Studies (CIFM)

secure employment in

government institutions across

the various levels of

government in the country.

President/Chairman of

Council of the Institute, Lady

Isioma Chukwuma, disclosed

this during a press briefing to

highlight the success recorded

by the institute in the past 11

months after her investiture as

the 47th President.

She said that the process,

when completed would

become an added advantage to

holders of the CIIN’s certificate

seeking employment into any

government institution across

the various levels and tiers of

government.

She also said that the Institute

is presently exploring every

means possible at situating the

CIIN brand on the global

stage, adding that they are

presently fine-tuning its

exemptions relationships with

CII (UK).

She said: “We have

consolidated the existing offshore

examination centres of

the Institute in Banjul, the

Gambia and in Kigali, Rwanda

and presently pursuing with

vigour the extension of the

frontiers of our professional

examinations to the West

African sub-region and other

parts of sub-Saharan Africa.

BRIEF

BY FAVOUR NNABUGWU

MICRO-insurance across Africa is

beginning to take its rightful

place in insurance market as the

premiums written from the class stands

at $756million in 2014.

This was disclosed to Vanguard in Abuja

by Microinsurance network and Munich

Re Foundation when the duo released the

2015 landscape of micro insurance Africa

in Königstein. A breakdown of the $756m

microinsurance written premiums in the

region showed a 1.1precent total

premium of $69bn generated on

insurance premium in the Africa

insurance market with South Africa and

six other countries including Nigeria.

Chairman of the Microinsurance

Network, Michael J. McCord said there

has been an upward of diversification in

the coverage of the business. “It is great to

“We have also re-structured

the corporate affairs unit of the

Institute in order to effectively

drive this agenda. It is my

utmost belief that the results of

these actions shall manifest in

the shortest possible time.”

On promotion of CIIN

members, she said that the

Institute has over the past year

focused on improving exiting

members’ benefits and for that

reason group life policy had

been incepted for all past

presidents and all elected

council members. The policy

according to her provides a

sum assured of five million

naira (N5, 000,000) per each

life assured.

“Likewise, the Institute had

also instituted a group life

policy for all financial

professional members. The

policy provides a sum assured

of five hundred thousand naira

(N500, 000) for each life

assured and the policy also

covers two hundred and fifty

thousand naira (N250,000) for

permanent disablement arising

from accident,” said.

On renewed pursuit of

training for insurance teachers

on a national level, she said

that the Train-the-Trainer

programme was designed for

The primary and

traditional role of

insurance is to provide

financial relief to

insured victims who

have suffered losses

due to the

consequences of

uncertainties such as

fire, flood or quake

Nigeria, six others record $756m

premium on micro-insurance

see indications of a maturing African

market with an increasingly diversified

coverage. Whilst life and credit life

products are still widely spread on the

market, new types of bundled covers

especially in health and personal accident

are being developed. Looking at the subset

of products for which claims,

administrative expenses and commission

ratios were reported, the study showed clear

profitability for many products with more

than half of products with combined ratios

below 75%.”

He further expressed that there is a

great progress in micro insurance in the

continent, “The release provides an in

depth analysis of the evolution of

microinsurance in the African region in

terms of products, delivery channels,

regulations and profitability indicators to

the industry, building upon the data

released in the African landscape.”

the up-scaling of insurance

education and to ensure that

insurance teachers possess the

required skills for imparting the

necessary knowledge to the

future generation of insurance

practitioners.

She noted that the

programme was first carried

out in Lagos and Ogun States

and has since been replicated

in other parts of the country.

“We are presently engaging

Vanguard, MONDAY, JULY 04, 2016 — 27

AGM – From left: Immediate past Chairman of the Nigerian Insurers Association, (NIA), Mr.

Godwin Wiggle; new Chairman, Mr. Eddie Efekoha and Director-General, Mr. Sunday Thomas

at the 45th annual general meeting of the Association in Lagos last week.

some states we have visited to

fashion out modalities to host

the programme in such states.”

She assured that the laudable

idea of the Train-the-Trainer

programme has been well

received and many states have

shown enthusiasm in

partnering with the Institute

and the College in this regard.

The CIIN boss further

affirmed that the Institute has

also aided in the study and

teaching of insurance by

providing support to

institutions across the country

through donation of course

books, equipping libraries with

study materials and equipment

and also by imploring

insurance professionals to

volunteer as teachers and

lecturers in institutions so as to

cover for the dearth of

insurance teachers and

lecturers in our institutions.


28 — Vanguard, MONDAY, JULY 04, 2016


Vanguard, MONDAY, JULY 04, 2016 — 29


30 — Vanguard, MONDAY, JULY 04, 2016

“The president cannot

make clouds to rain, he

cannot make the corn grow,

he cannot make business to

be good”, President William

Taft, 1857-1930.

(VANGUARD BOOK OF

QUOTATIONS, VBQ p 199).

Taft was American

President from 1909

to 1913; meaning he

served only one term during

which the US economy was in a

recession. He paid the price for

coming to power at the wrong

time. Taft was not the first, and he

would not be the last president, to

learn the age-long lesson that

economics, like rain, sun or

earthquakes etc, respects no

president’s wishes. When Karl

Marx, 1818-1883, pronounced

that “Men make history, but not

just as they please” (VBQ p 93), he

must have had leaders like Buhari

in mind. Nigerians were aware

that Buhari, until he went to

London for “God-knows-what”,

was adamantly opposed to the

devaluation of the naira for

reasons that were badly explained

because he is not an economist.

He returned just in time for the

Governor of the Central Bank of

Nigeria, CBN, to announce a new

foreign exchange policy which

effectively devalued the naira. And

the President had been silent ever

since. The old General had finally

met a force mightier than all

Heads of State put together. The

obvious question is why?

However, before answering that

question, it is pertinent to point

out that all those who had

supported Buhari is his obstinate

opposition to devaluation had

also surrendered; just as they

retreated when fuel price went up

to N145 per litre despite

threatening fire and brimstone if

Buhari Learns A Bitter Lesson:

Economics is No Respecter of Presidents

it did. Buhari would be best

advised to select the people whose

views he takes seriously. A Vice

President of the US had made the

observation that “The right to be

heard does not automatically

include the right to be taken

seriously.” (Hubert Humphrey,

1911-1978). For too long our

President listened to people who

should not be taken seriously. The

country has paid a heavy price for

the delay and it will pay a lot

more. Delay in providing

economic remedies is always

dangerous. Presently, we should

examine the consequences of

delay.

Why, then, did Buhari meekly

surrender to the CBN? It is totally

out of character. But, the reason is

not hard to discover. Our

President was shown, among

other things, the rapid decline of

our external reserves and the

inevitability of more erosion

unless he reversed himself. If not,

the external reserves might reach

such a critical stage that

Nigerians would experience the

return of “Essential

Commodities” and the hardships

associated with it during Buhari’s

first term as Head of State –

despite being a military regime.

Back in 1984-5 Buhari’s

government could not decree

provision of sufficient milk (even

infant milk), detergents, sardines

etc. Housewives had to struggle

when army trucks came to supply

OMO, sugar, Geisha etc, at

control price, and get whipped

mercilessly by soldiers. Somebody

must have told the President that

unless he relinquished his

stubborn opposition to

devaluation (which fuel price

increase had partly accomplished

anyway) , he would live to see ugly

history repeating itself during his

It is also quite

possible that

somebody, who

had access to

Buhari, must

have pointed out

to him the

Chinese proverb

saying “Nobody

steps into the

same river twice.

second tour of duty.

It is also quite possible that

somebody, who had access to

Buhari, must have pointed out to

him the Chinese proverb saying

“Nobody steps into the same river

twice”. The Nigerians he and

Idiagbon bullied successfully in

1984-5 are related to Nigerians

today in name only. Then armed

civilians could not be up to ten

thousand. Today, over six million

small fire arms are in private

hands in West Africa – with the

bulk in Nigeria. The Nigerian

civilians of 2016 can no longer be

pushed around by the military as

they please. Buhari must deliver

on the economy as well as other

promises or suffer the

consequences. Policies and

programmes that are not

grounded in good economics will

imperil his government. At any

rate, while it might be possible to

bully some of the people some of

the time, he can’t bully reality.

One reality lurking in the

background and which cannot be

scared is famine and food scarcity

in 2016 and early 2017. With poor

rainfall in the country, farmers are

devastated everywhere. The

harvests will be poor and we will

need food imports if catastrophe

is to be avoided. Neither Taft nor

Buhari can make rain to fall or

corn to grow, but, unlike early 20th

century, in the 21st century,

Presidents better know when crops

will fail and plan ahead for

intervention food imports before

food riots erupt. If the erosion of

external reserves had not been

halted, there would have been no

money to import the food needed

later in the year and early 2017.

For this reason, he might need to

swallow more devaluation than he

intended or would like to occur.

This warning had become

necessary because his former

supporters will soon start to point

to high inflation as justification

for their opposition to

devaluation. The fact is, given our

situation, inflation is inevitable.

We either suffer it now or

experience worse later when the

external reserves might have been

depleted further. It is like a driver

slamming on the breaks before a

vehicle out of control crashes into

a wall. The damage is less.

Finally, the writer of

UNDERTOW in the NATION on

Saturday, June 25, 2016,

remarked that “the president had

responded [to journalists

interviewing him] …that most of

the time, the economists spoke

above his head when they

explained why the economy was

experiencing turbulence”. Pity

and the fault does not lie with

Buhari alone. It is collective. In

the last elections, we were

confronted with a choice between

“corruption incorporated”, as

represented by the PDP, and a

candidate weak in understanding

economic principles in a world

where no leading nation can

afford such a leader. We are being

visited by consequences of that

limited choice.


Vanguard, MONDAY, JULY 04, 2016 — 31


32 — Vanguard, MONDAY, JULY 04, 2016

(08052201997)

IN a recent document titled

“Nigeria’s Debt

Management Strategy 2016-

19", the Debt Management

Office (DMO) expressed

concern on the high risk

collateral of servicing and

refinancing the nation’s

N8.54tn domestic debt which

reportedly excludes over

N2.4tn outstanding obligations

on CBN’s sales of Treasury

Bills.

The DMO is clearly worried

that refinancing of about 30%

(N2.56tn) of the domestic debt,

which will fall due, in the next

12 months, poses a threat to the

economy because maturing

debts will have to be refinanced

at market rates which could be

oppressively higher than the

almost 11% average of existing

debt.”

Furthermore, the projected

N984bn domestic loan in the

2016 budget, would raise this

already disturbing domestic

debt level by over 10% to propel

debt service charges,

dangerously beyond the

current 35kobo from every one

Naira of internally generated

revenue by government.

Nonetheless, the DMO is

however reassuring on the

sustainability of Nigeria’s

external debts, “because of its

modest proportion of total debt

and the low interest rate and

concessional terms that apply.”

The begging question, from the

preceding, however, is why

domestic interest rates, over

which our own CBN has

control, has remained multiple

times higher than the average

5% rate that is available in

successful economies. Albeit,

the Finance Minister should be

wary of so called cheaper

external loans, as further Naira

devaluation in a non

productive economy will

ultimately make, even such

cheap loans, harder to service

or refinance from internally

generated revenue, while

serial default may ultimately

compromise our sovereignty.

This writer’s observations

that DMO operations were

fostering another round of

unsustainable debts were

captured in several articles,

including a twin article

published in September 2009,

titled “Nigeria’s Debt Creation

Office 1&2;” an abridged

narrative of that article is as

follows:

“Lately, my attention has

been drawn to the exhibition

of a trait of propaganda by the

DMO, which was established

under former President

Obasanjo to guard against the

costly mistakes of the past and

provide a sustainable template

that will direct judicious

application of loans and also

restrain the level of debt and

service charges at optimal

levels that are considered best

practice to grow our economy.

Nonetheless, the fine print

content of the DMO’s offer

circulars and published adverts

have never actually promised

that its loans would directly

support infrastructure or create

more job opportunities; the

DMO’s published aims clearly

relate to the intangible

objectives of “deepening our

nation’s debt market and

setting benchmark prices for

domestic debts and close

control of CBN’s unyielding

self-inflicted excess liquidity.”

“In a macabre twist of logic,

our Debt Creation Office

defends the galloping debt

with the need to sensibly fund

budget deficits within four

years, when ironically we

earned more dollar revenue

than we could spend, and

therefore resorted to a

constitutional aberration called

excess crude account to

warehouse these funds,

despite further accumulation of

unproductive debt. The

question is, “why borrow with

a high cost to cover budget

deficits, when you have surplus

and idle deposits which attract

little or no return?” Indeed,

what stops (both foreign &

local) beneficiary banks of your

idle deposits to turn round and

re-lend you your money?

Nothing, of course, is wrong

with debts accumulation if

these loans were applied to

enhance social and economic

welfare, but a whole lot is

wrong if the funds are instead

applied for intangible,

unsubstantiated promises,

indicated in DMO and the

CBN offer circulars!

Curiously, in an advertorial

titled “Good citizen, good

investor” the DMO, celebrated

the Agency’s presumed

success for “The successful

issuance of the 20-year Bond”

as “a manifestation of the

Emerging Nigerian Spirit to

surmount all obstacles and

achieve lofty goals. “INVEST

IN FGN Bonds” the adverts

screamed!”

BRIEFS

‘Technology, access to raw materials, panacea

to economic growth’

BY NKIRUKA NNOROM

INDUSTRIALISTS under the aegis of Ikeja

branch of manufacturers Association of

Nigeria, MAN, have said that the problem of

scarcity of raw materials and foreign exchange,

confronting manufacturers in the country could

be solved through technological development

and local sourcing of raw materials

The association’s chairman,Prince Oba Okojie,

made the remarks at the 2016 CEOs Business

Luncheon, in Lagos, saying that the problem of

corruption, power, forex and technological

advancement was due to failure of successive

governments to tackle the problems some years

back.

He, therefore, called on the Federal Government

to constitute committee of tested technocrats and

apposite stakeholders towards formulating policies

Nigeria’s debt creation office

The National

Assembly should be

more alert and take a

closer look at the

relevance and

effectiveness of the

involvement of Debt

Management Office

in further debt

creation to preempt

our steady descent

into another death

trap.

and blue-prints that will get the economy back on

track.

He noted that right measures must be taken in

order for the country not to fall into the category of

Zimbabwe, Democratic Republic of Congo, and

Ethiopia that ranked poorest in Africa with a GDP

per capita of $200, $400 and $500 respectively.

He said: “The negative indices working against

smooth manufacturing in the country are legion

coupled with depressed economy. Perhaps, the biggest

of manufacturers problem is now sourcing for forex,

as major raw materials are sourced overseas, but this

singular problem can be ameliorated through

technological development by strengthening our

technical colleges and inward sourcing of raw

materials.

“The technical colleges in China, United States,

Germany and Japan. form the technical hub of

manufacturing, engineering, development,

fabrication and improvisation.”

Inexplicably, despite the

tripled value of domestic debt

in recent years, our

infrastructural base has further

decayed and the real sector is

regrettably now comatose,

while unemployment is rife.

It smacks of self adulation

and odious propaganda when

public attention is ‘cleverly’

directed towards the alleged

superior quality of government

debt as “guaranteed,

competitive, with ‘high’ fixed

interest income” to the holder

rather than on the purpose or

social benefits that would

evolve from the loan

application. In focused

economies everywhere, such

government borrowings are

directly tied to specific projects,

such as Power Stations, mass

housing, and provision of

educational or mass transit

infrastructure.

Unfortunately, DMO adverts

seeks to massage the ego of

Nigerian investors, as

contributors “to economic

growth and employment,

thereby helping to reduce

poverty, whilst fostering a

diversified and self-sustaining

economy”. The truth, of course

is that the banking sector is,

actually the only cash surfeit

group that government can

borrow from in our present

economic environment, where

over 80% of Nigerians live on

less than $2/day!!

However, the DMO’s latest

syndicated advert titled

“Nigeria’s External Debt: the

true position” actually takes the

art of propaganda to the next

level. In an earlier article in

July 2009 titled “External Debt:

at What Cost”, the attention of

the National Assembly was

drawn to some gross

inconsistencies in the cost of

servicing our national debts,

and wondered why NASS

approval was never sought for

the several debts incurred, as

constitutionally required since

the DMO was created.

Nonetheless, in addition to

the high cost of domestic debt,

it is equally worrisome that the

cost of servicing our external

debt should also exceed double

digit rates, as former President

Obasanjo’s 2007 budget

indicated that, “Total external

debt stock outstanding as at

the end of June 2006 stood at

$4.8bn … made up of London

Club $1.4bn, multilateral debts

$2.7bn, promissory notes

$0.6bn, other non-Paris-Club

debts US$0.1bn. We have

earmarked the sum of N61bn

for servicing of our external

debts ….”. In essence the 10%

plus service charge is a clear

contradiction of the notion of

cheap concessional loans below

2% from multilateral

institutions.

For example, why should

N61bn (about $500bn) or 12%

be required to service the total

external debt of $4.8bn in 2006?

The begging questions here

are, why the service charges for

these multilateral debts which

normally attract minimal

interest,

remain

inappropriately so high, and

why did the service charge

increase from N61bn to N66bn

when the actual capital sum

decreased to $3bn in 2008, as

indicated in Yar’Adua’s 2008

budget? I recall that these

anomalies were discussed in

several articles in this column

in 2008, and it was therefore a

surprise when Yar’Adua’s 2009

budget speech made no overt

provision for external debt

service.

The National Assembly

should be more alert and take

a closer look at the relevance

and effectiveness of the

involvement of Debt

Management Office in further

debt creation to preempt our

steady descent into another

death trap.

Omoh Gabriel - Group Business Editor

Babajide Komolafe - Deputy Business Editor

Clara Nwachukwu - Energy Editor

Peter Egwuatu - Asst. Business Editor

Yinka Kolawole - Snr Bus. Correspondent

Favour Nnabugwu - Insurance Correspondent

Godwin Oritse - Maritime Correspondent

Godfrey Bivbere - Maritime Correspondent

Michael Eboh - Energy Reporter

Franklin Alli - Industry/Agric. Reporter

Ifeyinwa Obi - Maritime Reporter

Rosemary Onuoha - Insurance Reporter

Nkiruka Nnorom - Capital Market Reporter

CONTRIBUTORS

Princewill Ekwujuru - Media/Marketing

Jonah Nwokpoku - E-Commerce

Naomi Uzor - Industry

Providence Obuh - Micro Finance

LAYOUT - Graphics Department


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Forging ahead to our origins

THERE is no Nigerian I

know who is happy with

the country’s state of affairs.

Every group or nationality

complains of marginalisation.

Sometimes,

the

marginalisation beat gets so

loud that you will think the

drum is about to burst.

There are varied solutions

suggested, mostly fired by

parochial interests. However,

there is a common agreement;

that the country should be a

federation. Even the militaryimposed

constitution bears the

lie that the country is a

federation. In practice, it is

unitary and every group I

know wants to wield the

awesome powers of the

Presidency which mainly

accounts for the

marginalisation wailings and

the life or death struggle to be

in power.

The powers of the centre is

so enormous that it can send

a policeman from the Niger

Delta to determine the fate of

villagers in the Sambisa forest

where he has never been

before, whose language he

does not speak and culture he

does not understand. A

bureaucrat from Kano can seat

in Abuja and determine the

site of a school or clinic in

Orlu, a part of the country he

By Eric Teniola

AFEW days before he was killed,

the then Premier of Northern

Nigeria, Sir Ahmadu Bello, (1909-1966),

Sardauna of Sokoto incorporated a company

called the New Nigeria Development

Company. The company, formed in 1946,

was designed to be a Conglomerate with

spanning interests in Agriculture, Mining,

Capital Market, Telecommunications and

Education. The last we heard about the

company was on August 26, 2013 when

the Chairman of the Northern state

governors' forum at that time, Dr.

Babangida Aliyu, the former governor of

Niger state advised the company to sell

49% of its equity to members of the public.

Dr. Aliyu explained that the poor

performance of the company has

necessitated the need for some of its

investment such as the Arewa Hotels to be

sold to the public. In his words: "we should

be concerned that after 56 years of

operations the NNDC is performing

epileptically”.

It is sad that those who have managed

the NNDC have not been fair to the legacy

of Sir Ahmadu Bello. On May 27 1967,by

virtue of states creation and transitional

provision decree 14 of 1967, General

Yakubu Dan Yumma Gowon,81, created

twelve states in the country—six from the

old Northern region, three from the old

Eastern region and three from the old

Western region. By decree 39 of June 24

1967, he created the interim common

Services Agency to take over the assets of

the old Northern region and the Eastern

States Interim Assets And Liabilities

Agencies (ESIALA) to take over the assets

has not been or can locate on

a map. The government can

seize your ancestral home or

village because the law gives

it power over all lands.

There are so many

appointments to be made into

offices that a President of the

country can spend his entire

four years in office, just

making appointments. The

sheer number of appointments

to be made are so many and

varied, that we have come to

run a clientele system. We

have got so addicted to this

system that rather than

improve efficiency, we simply

multiply the bureaucracy. For

almost every problem, we

create a bureaucracy so much

so that for example, simple

jobs the police can do, we

have over half a dozen

agencies created. The latest is

the normal police duty of

maintaining law and order for

which a Civil Defence has

been created and armed as if

it were the army, yet it is ‘civil’

The constituting states of

the federation come, bowl in

hand to the centre for

handouts. And when they are

too hungry, extra ration can be

apportioned or bail-out funds

administered. Power is so

concentrated that if it wishes,

the centre can decide when

and who you can marry.

Legendary nationalist,

Anthony Enahoro who moved

the motion for Nigeria’s

independence had suggested

that a way out is to return to

the Parliamentary System;

more specifically, the West

Minister variant of it. His hope

was that this will reduce the

cost of governance and make

it more accountable.

However, one of the foremost

scholars on federalism,

Professor Eghosa Osaghae

who is also Vice Chancellor of

the Igbinedion University,

Okada has a different

solution; the establishment of

the office of six vice presidents

in the country. The six are to

reflect the assumed

geopolitical zones in the

country. This, the Nigerian

GUARDIAN of June 20, 2016

quotes him as saying, will

address the clamour for equal

representation and the

competition for the centre.

First, I do not see how the

multiplication of vice

presidents will solve the

problem, more so when the

President will still come from

one of the zones, and may still

wield the powers of an

Beauty in regional integration

of the three states of Rivers, East Central

State and South Eastern state.

On assuming power in July 1975,

General Murtala Muhammed (1938-1976)

disbanded the two agencies.

What of the assets of the two agencies

especially that of ESIALA with financially

endowed institutions like the Eastern

Region Marketing Board once headed by

Sir Loius Odumegwu Ojukwu (1909-

The Company recorded a

revenue growth of 4.2

billion naira last year as

against 4.5 billion in 2013.

The spokesman for Dr.

Mimiko, Mr. Kayode

Akinmade disclosed that

the company targets

20billion Naira asset base

by 2019

1966),Eastern Nigeria Finance

Corporation, Eastern Nigeria

Development Corporation, African

Continental Bank,etc.

Even till today questions are being

askedn as to what happened to the

abandoned properties implementation

committee headed by Major David

For almost every

problem, we

create a

bureaucracy so

much so that for

example, simple

jobs the police

can do, we have

over half a

dozen agencies

created

Vanguard, MONDAY, JULY 4, 2016—33

emperor. That means, one of

the zones will produce both

president and a vice

president.

On the second tier of

government, the political

scientist proposed a governor

general for each of the

identified six zones but

argued that the constituting

states should retain their

governors because the state

structure has come to stay, and

no state will be willing to lose

its existence to the zonal

superstructure. In Professor

Osaghae’s view, his prosed

arrangement will make the

states and zones more

attractive for competition for

power while the centre

becomes less attractive.

I am not so persuaded. This

suggested arrangement

makes no fundamental

difference in the current

power structure. There may be

power sharing between the

state and the new zone

proposed, but the powers of

the centre may remain. I think

what is required is a

fundamental constitutional

review which gives power to

the constituent bodies and

reduces the powers of the

centre as was the case in our

1960 Independence and 1963

Republican constitutions. That

structure worked so

beautifully well that Alhaji

Ahmadu Bello who was the

Premier of the Northern

Region and leader of the

ruling NPC party preferred to

stay in the zone, rather than

move to the centre as the

country’s Prime Minister.

Instead, he seconded Sir

Abubakar Tafawa-Balewa to

do the job.

We can improve on our past

constitutions and solve our

divisive and dangerous

political arrangements by

adopting or modifying the

Alachenu Bonaventure Mark,68, set up by

decree No 90 of 1978 following the

abrogation of several edicts including that

of South Eastern state edict No 10 of May

1970.

There is another story elsewhere.

On Tuesday January19 this year at Cocoa

house, Ibadan, the Governors of the owner

states of Odua Investment Company met

in Ibadan, the Oyo state capital. The

current Chairman of the Odua Investment

Company, Dr. Olusegun Rahman

Mimiko,61, the governor of Ondo state

announced that the Odua Investment

Company has invited Lagos state to join

the company as the sixth shareholder of

the conglomerate. At present the company

is owned by the governments of

Oyo,Osun, Ogun,Ekiti and Ondo states.

Twenty four hours after the announcement,

the governor of Lagos state, Mr.

Akinwunmi Ambode,53, accepted the

invitation and declared his support for the

growth of the company.

The Company recorded a revenue

growth of 4.2 billion naira last year as

against 4.5 billion in 2013. The spokesman

for Dr. Mimiko, Mr. Kayode Akinmade

disclosed that the company targets 20billion

Naira asset base by 2019. He disclosed

further that the proposed payment of gross

dividend of 167million naira at its annual

general meeting was approved and paid

to all the owner states.

Odua Investment Company was

incorporated in 1976 to take over the

business interests of the former Western

state following the creation of Oyo,Ogun

and Ondo states out of the old Western

Send Opinions & Letters to:

opinions1234@yahoo.com

Swiss political structure.

Switzerland like Nigeria is a

diverse multicultural country

composed of different

nationalities. Nigeria has the

advantage of having a single

lingua franca, the English

language. In contrast,

Switzerland has four; German,

spoken by 64 percent of the

populace, French by 23

percent, Italian, by 8 percent

and Romansh, 1 percent. In

addition, English is adopted

as the bridging language. So

Swiss official documents

including its laws are in four

different languages rather

than the single one in Nigeria.

Yet, they are able to evolve a

political system that gives

every citizen, whether

majority or minority, a sense

of belonging.

It is a federation like Nigeria

proclaims itself. Where it has

twenty six cantons or states,

Nigeria has thirty six. Each

Swiss canton makes its own

laws based on the popular

participation of the people. It

is mandatory that important

parliamentary decisions at

state and federal levels such

as joining international

organisations

and

constitutional amendments,

are subject to referendum.

Most importantly, the country

is run at the national level not

by a single individual, but by

a Federal Council which is the

collective Head of Government

or Head of State. There is a

Presidium of seven members

elected by parliament with the

Chairman/President rotated

annually amongst members.

An out-going president

cannot immediately be reelected.

Also, the culture of

rotating the Presidency is

done taking into

consideration the cantons and

the linguistic groups in the

country. I rest my case.

states by General Murtala Ramat

Muhammed (1938-1976) on February 3

1976,who was assassinated ten days after.

The company held its first meeting on

March 3 1976 with Chief Christopher

Sunday Olutunde Akande(1924-2005)

from Arigidi in Akoko Local Government

in the present Ondo state as the pioneer

managing director. Chief Akande who was

the former Secretary to the Military

Government of Oyo state later became the

President of the Nigeria Society of

Engineers between 1974-1975. I covered

the first sitting of the company as the state

Editor of the Kwara state owned

newspaper, THE NIGERIA HERALD. I

remember with nostalgia when Colonel

David

Medayeshe

Jemibewon,76,Governor of Oyo state, Lt.

Colonel Seidu Ayodele Balogun,75,

governor of Ogun state and Wing

Commander David Ita Ikpeme,77,

governor of Ondo state addressed the

press on that day.

No doubt Odua Investment Company

has been a huge success and kudos must

be given for those who have kept the flag

flying for that company from 1976 till date,

including Premiers, Sole Administrators,

Governors both Civilian and Military, in

spite of their ideological and Political

differences It has not been too rosy for the

company though, for most of its

subsidiaries are no more. A case in point

is the National Bank which was acquired

by the Western Region on April 1 1961 and

liquidated in 1992 due to mismanagement

and corruption.

Continues tomorow on pg 18

*Mr. Teniola, a former director at the

presidency, wrote from Lagos.

C

M

Y

K


34 — Vanguard, MONDAY, JULY 4, 2016

THE fateful 23rd June 2016

referendum vote by a majority of the

United Kingdom, UK, citizens to take their

country out of the European Union has

left the whole world reeling. Perhaps, many

people did not really expect the “ayes” (or

“leave”) to have it. But they did by 52

percent of an exercise where the younger

segments of the society did not bother much

to participate in the voting.

Much of the “leave” votes came from

England, the heart and head of the UK;

and of course, Wales, but Scotland and

Northern Ireland voted massively to stay

in Europe. And that is where the bone in

Her Brittanic Royal Majesty’s kingdom

throat is now located: Scotland may sue

for a repeat of the 2014 referendum to

determine if her people would value their

continued membership of the UK above

their membership of the EU. If this takes

place and Scotland leaves the UK while

Northern Ireland reunites with the rest of

Ireland, it will result in unanticipated and

unpalatable consequences for a mighty

power that created our country and made

us what we are today.

For me, this is the most important lesson.

Yes, the issue of the British Prime Minister,

Mr. David Cameron resigning as soon as

the vote went against his advocacy for stay

is equally important. That Britain and other

civilised polities regularly hold referenda

to let their citizens decide on crucial

geopoloitical issues affecting their lives is

also a great object lesson. That the

leadership respects the people’s choice of

action by implementing it is something we

must emulate. And that a leader who loses

the vote when the majority of the citizens

refuse to buy their advocacy throws in the

towel is the moral content of politics that

we must aspire to for our democracy to be

taken seriously.

However, we are still eons away from

the day when the Federal Government will

summon the courage to organise a

referendum here in Nigeria. There is too

much fear of what could result from such

an exercise. I am sure that the quandary

that the exit vote puts Britain in today would

heighten the fear of staging a referendum

in Nigeria, especially the type that Biafra

separatists are hoping for.

I have been wondering what is likely to

happen if President Muhammadu Buhari,

in the extremely unlikely situation, decides

to stage a referendum asking Nigerians if

they want the country to stay as one or we

should go our separate ways. The answer,

to me, is obvious. Majority of voters in the

By Erasmus Ikhide

WHEN I read in the FORBES recently that

''democracy is delivering impossible results,'' I

didn't understand until I met the indefatigable

governor of Kaduna State, Nasir El Rufai. Call

privitisation czar or Mr. Demolition, El Rufai is

ostensibly a sharp departure from the behavioural

instincts of some state Governors in Nigeria who have

creamed out the finances of their various states.

His humble and humanitarian mien has endeared

him to the hearts of his people. He has, nonetheless,

incurred the wrath of many who labelled him as

religious and ethnic bigot for promoting divisive

politics. However, he shocked many more on

assumption of office when he reduced the number of

commissioners from twenty four to thirteen as part of

reducing the cost of governance.

Again, after the historic launch of the free school

feeding programme early this year, the governor

revealed that the programme has increased enrolment

in schools by 60 percent. I was not surprised or thrown

into my self because with his intimidating antecedents

that can only be El Rufai.

The school feeding programme in its particularity

should be celebrated for many obvious reasons. First,

good nourishing food has cognitive mental impact on

the physical body build of the child, including

emotional and volitional perception of a growing pupil.

Second, the programme certainly would boost the

economy of the state. Third, jobless youths who have

been granted loans for the production of all kinds of

food stuff for the feeding programme can no longer

bestride the streets of Kaduna or conscripted in any

northern parts of the country for the purpose of

extinguishing innocent souls in the name of religion.

Fourth, children of school age, expecially girls, who

My top Brexit takeaway

North and (to a lesser degree the South

West) will, like Scotland and Northern

Ireland, likely vote to stay. The North

depends on the South for its upkeep. The

South West’s pole position as the crucible

of the Nigerian economy owes to Lagos

being the former federal capital, where the

major national investments in

infrastructure make the zone (especially

the Greater Lagos conurbation) the

All agitations for

separatism are myopic

and defeatist. This

country belongs to all of

us. When old Northern

loudmouths like Junaidu

Mohammed and Usman

Bugaje boast that the oil

of the Niger Delta

belongs to them, tell them

that the solid minerals in

the North, its vast

agricultural lands and

livestock belong to you

greatest beneficiary from the Nigerian

commonweath.

If the capital of Nigeria had not been

transferred from Calabar to Lagos by the

colonialists, it is obvious that what we see

in and around Lagos and the South West

would have been the lot of Calabar and

the entire East, more so with the impetus

of the oil resources of the Niger Delta.

Nigeria has invested so much in the West,

and the West, in turn, has provided a

platform of unity for everyone’s economic

livelihood. The fear that the South West

might vote “leave” is a major factor that

will ensure no such referendum will ever

be held.

On the other hand, current sentiments

might tempt majority of Nigerians of South

East and South-South extraction to vote

“leave”. This will be more so for the South

East than the South-South which, because

of their Minority splinter configuration,

might still feel safer staying in Nigeria.

The main theatre of a possible “leave”

verdict will be in the South East. The

younger population of that part of the

country are dead serious about their

agitation for Biafra because they have lost

hope that Nigeria will ever be fair to them

if, forty six years after the civil war, they

still do not have a sense of belonging in

Nigeria like other Nigerians.

· But, like most British citizens, any

section of Nigeria that votes to leave will

wake up the following morning asking for

another vote to come back. This will be

more so for the Igbos for so many reasons

which I do not intend to go into right now.

Even the South West, the most

geographically-assured section of the

country, will discover that the perceived

Yoruba unity only exists because of the

rilvalries that exist among the various

ethno-religious groups in Nigeria. By the

time Igbos are forced to return to their new

country, leaving their hard-earned

investments behind in other parts of

Nigeria to start again from the scratch in a

landlocked Biafra, Biafrexit will turn into

Biafregret, just as Brexit has turned into

Bregret in many quarters in the UK.

As for the South-South, one country from

this geopolitical concoction will be a virtual

impossibility. The fear of Ijaw hegemony

will dampen the enthusiasm for separation.

OPINION

El Rufai: Walking the Change

have been enlisted into the suicide bombing-hood by

the deadly Boko Haram militias will now find it difficult

to recruit idling minds/hands to be indoctrinated into

the bloodbath battle of nihilism.

Now, this. The school feeding programme has been

targeted at feeding at least 1.5million pupils in the

state! Presently, UNESCO statistics has shown that

10. 8million Nigerian children of school age are

roaming,hawking, labouring and begging on the

streets, particularly in northern Nigeria, where more

than 90 percent of that figure is domiciled!

Again, as a stoic advocate against sexual violence

towards women and a canvasser of gender equity, El

Rufai has expressed displeasure

over the rampant cases of rape

of minors, describing it as

repulsive. On the arraignment

of a suspected serial rapist,

Haruna Tukur in Kaduna

recently for forcefully having

carnal knowledge of a five year

old girl, Governor El Rufai has

vowed that such culprits can

never evade justice and must be

El Rufai

needs the

support of

all

made to face the full wrath of the law. As a father, the

Governor wants to ensure that no one would destroy

the future of a minor, or any girl or lady in Kaduna

State.

As a promoter of the notion of freedom of worship,

Governor El Rufai has swiftly condemned the attack

on one Francis Emmanuel a christain and a carpenter

in the Kakuri Kaduna area of the state who was stabbed

by unknown youths for eating during the Ramadan

fast. The Governor's swift reaction barely 24hours after

The Ijaws will not enjoy any peace

because they will be warring with every

ethnic group they share territories with

in all the coastal states except Bayelsa.

The bottom line of it all is that a

referendum to determine the continued

existence of Nigeria as a single country is

totally uncalled for and will likely result in

a massive reaffirmation of our unity if the

various groups are permitted to think

through the consequences of a break-up

at this time of our history. It could be

possible some time in the dim future, but

not now.

All agitations for separatism are myopic

and defeatist. This country belongs to all

of us. When old Northern loudmouths like

Junaidu Mohammed and Usman Bugaje

boast that the oil of the Niger Delta belongs

to them, tell them that the solid minerals

in the North, its vast agricultural lands and

livestock belong to you. Don’t even bother

to take offence. They are just shooting

empty mouth bazookas to provoke you.

Nigeria is a wonderful gift of God to all

of us. God used colonial Britain as His tool

to carve out this patch of paradise, run it

for 46 short years and hand it to us to

inherit. The only thing that is bad about

Nigeria is the system, which is unable to

produce good leaders. If our agitators for

separatism spend a fraction of their time

and energy to fight for the enthronement

of a more workable system, Nigeria will

be the better for it.

Instead of baying for separate republics,

Nigerians should reject bad leadership.

Nigerians should vehemently oppose any

leader that takes over power, violates the

principles of Federal Character (which is

aimed at giving everyone a sense of

belonging) and puts his kinsmen in office

to dominate other sections of Nigeria.

Anyone leader who ignores the secular

nature of Nigeria and imposes his religion;

any leader who seeks to seize other

people’s lands and give it to his kinsmen

for their cattle business; any leader who

looks the other way while his kinsmen are

slaughtering innocent Nigerians and

driving them away from their communities

like the Janjaweed of Omar Al Bashir’s

Sudan must be run out of power at the

earliest possible opportunity. He is an

enemy of Nigeria’s continued existence as

one country.

Unfortunately, we Nigerians fight the

wrong battles. We stupidly clap for those

putting iron manacles around our feet, and

when we wake up to find ourselves in

chains, we want to leave Nigeria.

the incident and subsequent visit to the victim calmed

frayed nerves.

It is also a testament of his resolve not to tolerate

religious violence and criminality in the state. As a

true reformer, who believes in the saying that ''if we

don't kill corruption, corruption will kill us,'' the

Governor made a shocking revelation of over 13,000

suspected ghost workers in the state's civil service,

promising to deal decisively with those who have

swindled the state.?

On the

controversy generated by the state's religious bill that

has attracted negative responses from both christain

and muslim scholars, El Rufai has been listening and

discussing with relevant stakeholders, noting that what

is being done is with clear and honest intentions. He

has stressed that no sensitive government will take

decisions contrary to the religious beliefs of the people.

He has further demonstrated that government must

be peopled centred, devoid of any religious colouration.

The State has saved a whopping sum of N221million

by stopping sponsorship of pilgrimage, blocked

multiple taxation, commenced renovation of over 4,000

schools and other massive urban renewal and

developmental strides. These speak volume of his

avowed commitment to good governance, equity and

social justice.

Everyone knew governance would be a cakewalk for

him when he was elected en masse last year by his

people, except, of course, the perennial challenges

associated with politics of a Third World Nation.

The entire north is too poor to be left without a tangible

development stride, that is why El Rufai needs the

support of all. The gain in Abuja today is the courage

of El Rufai. The strong word of advise to those

spreading campaign of calumny against him is that

'we are who we are'.

*Mr. Erasmus, a social critic, wrote from Lagos.

C

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K


Investing in property

is no longer the

man’s domain

Bukola Gadzama,

CEO Buildcon Global Services Limited

Women are becoming more active and aggressive as

investors who are taking control of their financial future. And

just as flexible hours are just one reason why more and more

women are finding a new career working with property, it’s

no longer the house that Jack built. In the past five years or

more, Jack has found himself facing stiff competition from

Jill, who is edging her way into a traditionally maledominated

industry. Bukola Gadzama , CEO Buildcon Global

Services Limited, is one such Jill. Once an employee in a

foremost real estate company, Gadzama got fed up with a

finance and marketing career that involved long hours and

making lots of money for others, Gadzama made a decision:

“I had to resign when I realized that my children only see me

during weekends and I was missing out on their

developmental stages. So, I started a party packs/souvenir

business but I realized that almost every phone call I received

was from someone who needed real estate advice or a

property to purchase,” the Buildcon CEO said. In

this interview, Bukola Gadzama shares her thoughts

on the real estate business and more.

PROJECT Concepts: I

have been involved with

various projects but with

BuildCon Global Services, we

have three estates currently on

going. Our estates are called

Pracht Gardens; we have two in

Ikota (before VGC, Lagos) and

one about three minutes from

Lagos Business School.

Conceptualizing an estate is

easier when you know your

I have met a

couple of male

colleagues in

the industry

who have been

quite

supportive

clients well and have an idea

of what your target market

would want in their immediate

environment; e.g., a reliable

and registered crèche, a

neighborhood commercial

building that will house a

supermarket, pharmacy, estate

clinic and office facilities will

appeal to an upper-middle

income young family.

Government policies also give

guidelines on the type of

buildings you can have in

different locations.

Early Challenges

I had funding issues when I

started; most banks don’t fund

real estate projects, especially

a start-up. Fact is, people have

idle funds occasionally and

banks’ deposit rates are low but

real estate can give you fantastic

returns on investment. So, I

decided to encourage equity

investors, both foreign and

home based. Since then, we’ve

had a smooth running with all

stakeholders (including clients),

achieving their desires.

After stabilising, my major

challenge is accessing cheaper

mortgages for our clients. The

cummulative interest on

mortgages are so high that

we would rather give our

clients a longer time to pay

than let them pay such

interests. Sourcing for very

good artisans in Nigeria is

also quite challenging.

Operating in a male

dominated industry.

Ninety-eight percent of

our clients are men and they

buy because they believe a

woman will give attention to

detail and that a woman will be

particular about aesthetics and

will also run the estate

properly. My two executive

directors are men. My board

of trustees are all men. I have

met a couple of male colleagues

in the industry who have been

quite supportive.

Consideration in siting an

estate and unique features

Before siting an estate, we

conduct a market survey to help

decide on the estate that best

suits our prospective clients in

terms of location, facilities and

budget. The unique factors of

Buildcon Global Services are:

- We make housing affordable

by offering a very flexible

payment plan. We work with our

clients’ cash flow; some people

have funds at certain times of the

year - like upfront, bonuses etc.

- Our clients are allowed to

change the internal spaces of

their houses before

commencement of their project.

- We work closely with our

clients on the finishing of their

homes. Experience has shown

that a lot of people spend a tidy

sum of money to make their

newly acquired houses

suitable for them; hence, we

allow our clients to get

involved. They choose their

tiles, kitchen designs,

internal colours and

sanitary fittings.

- All our clients have a

page on our website

where they can view

the progress of

their projects

•Bukola Gadzama

Vanguard, MONDAY, JULY 4, 2016 — 35

and also chat with our customer

service desk, if need be.

Dos and Don’ts when it

comes to buying property.

Properties can be bought in

two ways, either off-plan or

outright purchase. Outright sales

are much easier because what

you see is what you get.

However, ensure that you get the

seller to give you a six months’

liability period where he/she

fixes anything that is not

properly done and it is evident

that you didn’t misuse it.

Structural

stability

For off-plan purchase, you

need to ensure both parties are

clear on what the deliverables

are. Ask questions; be VERY

comfortable with the plan. Do not

sign an offer letter that does not

expressly list what you should

expect at the end of your

payment plan. Do not be swayed

by low “too-good-to-be-true”

prices; everybody is in business

to earn a living.

Ask yourself why is this

company/person selling me a

fully-detached 5-bedroom

duplex at N35 million in a

neighborhood where the value

of the land alone is N25 million.

In cases, documentation/title

and government approval is

VERY important. You need to

do a search on the property to

ensure that it is free of any

encumbrances and also find out

the title that will be passed to

you. This is also very important

for those buying land.

Buildcon Global Services

focuses on off-plan sales

because apart from making it

affordable for prospective

buyers, it also encourages their

involvement and they are sure

of the structural stability of their

houses.

Cost of Property

Our prices vary, depending on

the location of the estate. Prices

in real estate are influenced by

several factors like: Location,

estate infrastructure, quality of

materials (used) - especially the

finishing, design and size of

each unit and quality of

workmanship.

Operating on a strictly by

invitation basis

It is strictly by invitation.

However, interested individuals

can contact us directly so we

can add them to the guest list.

This is to ensure that we are

putting like-minded individuals

together.

Reacting to stereotypes

Well, I’m now very familiar

with the look on people’s faces

when I walk into a meeting and

I’m introduced. That has

reduced considerably as

women are doing a lot in the

business world now.

Juggling glamour with the

tough job of building

I won’t say I’m glamorous but

I like to look good. I have a

wonderful team in place; they

make my job easier and we

have a fantastic team spirit.

Ancillary services

Apart from building estates,

BuildCon Global Services

also helps individuals to

develop their properties.

We engage in joint

ventures with

individuals who have

parcels of land to

develop - 2 houses or

more.

We also consult for

people who have

made bad real estate

investments and are

eager to get out of

it.

We are into

facilities

management

and interior

decorations.

C

M

Y

K


36 — Vanguard, MONDAY, JULY 4, 2016


Vanguard, MONDAY, JULY 4, 2016 — 37

Labour tasks

Buhari on 2014

National confab

report

By Victor Ahiuma-Young

K ADUNA—AS

controversy rages

over the 2014 National

Conference report, organized

labour has urged President

Muhammed Buhari to be

statesmanlike and pragmatic

in accepting the principles in

the report for implementation

while fine-tuning the detailed

policies/findings for national

development”.

Speaking through the

General Secretary of the

National Union of Textile,

Garment and Tailoring

Workers of Nigeria,

NUTGTWN, Mr. Issa Aremu,

Labour blamed Nigeria’s woes

on absence of “development

agenda”, urging the

presidency to go back in time

and look at past reports of

Visions 2010, 2020 and

consolidate them with 2014

National Conference report.

Aremu, who is also the

Chairman of IndustriALL

Global Union, Africa region,

contended that governance

should move beyond the

“present adhockism to

informed policy choices and

implementations strategies”.

While speaking at a career

development and mentoring

lecture organized by

S.M.I.L.E.S (Sending

Message by Impacting Lives

with Enabling Support) youth

initiative held at Zamani

College Malali, Kaduna,

Aremu said Nigeria could not

engage meaningfully with

countries like China which

had sustainable development

agenda without its own

development agenda,

insisting: “Development does

not come through friendship

but self national interests in

national plans.”

According to him: “China

engages with Africa within

the context of its 13th Five-Year

Plan 2016-2020 for Economic

and Social Development.

Buhariconomics must also be

rooted in consolidated Visions

2010, 2020 and reports of 2014

National Conference.''

We got N345m for IDPs — SHETTIMA

By Emmanuel

Aziken

G OVERNOR

K a s h i m

Shettima of Borno State,

yesterday declared that

his administration

received only N345

million cash as

donations from outside

interests contrary to

allegations of a windfall

of billions supposedly

channelled to help

victims of the Boko

Haram insurgency.

The governor, who

spoke to reporters on

arrival from Abuja, said

the administration since

its advent also received

assistance in several

forms in kind from other

state governments and

agencies in the country.

“You see, contrary to

wild assumptions that the

Borno State Government

has received billions of

cash donations in local

and foreign currencies for

the management of

Internally Displaced

Persons, IDPs, a lot of

Nigerians may be

shocked to know that a

total of three hundred

and forty five million

naira (N345m) is the

overall amount received

as cash donation by

our administration

from May, 2011 to

date.

According to him the

Federal Government

during the Goodluck

Jonathan era provided

N200 million, Lagos

State Government,

N50 milion in October,

2015, Edo State

Government,

N25milion in 2013,

Kano State, N20 milion

in 2013, Adamawa

State, N20 milion in

2013 and Ekiti State,

N10 milion in 2013.

Others were Osun

State, N10 milion in

2013, Kaduna State, N5

milion and Unity Bank,

N5 milion.

He said the N345

million donation was in

the face of the N600

million spent every

month to cater for IDP’s

throughout the

Jonathan era.

He also listed other

interventions to

include Kebbi State

Government, 1,200

bags of rice; Ebonyi

State Government gave

us 5,000 bags of rice;

Taraba gave us three

trucks of highland tea

and Gombe which

I can’t marginalize any

section of Nigeria — BUHARI

By Levinus Nwabughiogu

ABUJA—PRESIDENT Muhammadu

Buhari has said he will be fair to all

sections and tribes of Nigeria, assuring that

he will never marginalize anyone.

The President gave the assurance at the

palace of the Emir of Daura, Dr. Farouk Umar

Farouk, during the breaking of Ramadan fast.

Speaking in Hausa language, the President

said that under his watch, no section of the

country would either be discriminated against

or marginalized, urging the people to continue

to pray for the unity of the country.

The President was accompanied by Governors

Aminu Bello Masari and AbdulAziz Yari of

Katsina and Zamfara states respectively.

The event also attracted the Deputy Governor,

the SSG and speaker of Katsina State Assembly

and many traditional title holders.

It featured special prayers for peace, unity, stability

and sustainable development of the country.

provided six trucks of

assorted food products via

two interventions.

The governor added:

“We have received

tremendous support from

some part of the

International community

but no foreign country or

any International partner

within or outside the

UN and major world

donors gave any cash to

our administration from

2011 to date for the

purpose of IDPS but

rather all donations

come in materials like

medical supplies,

technical support and

food items, most of which

are directly distributed by

the International partners

themselves to reach IDP’S

in different parts of Borno

State.

“Amounts you might heard

through the media were not

cash donated to Borno by

international partners but

rather, items and services

worth such amount

mentioned to the public.

GRADUATION: From right; Mr John Darlington; Prof. Pat Utomi, special

guest of honour; Mrs Olabisi Boco, Ministry of Health, Lagos State; Mr

Obaro Osah, Bank of Industry, Regional Head, Lagos SME Group and Mr

Kehinde Olugbemi, Divisional Head, Apapa Heritage Bank, during the

graduation of 100 CVL Young Entrepreneurs and presentation of start-up

kits/grant in Ajegunle, Lagos. Photo by Diran Oshe.

Jang blasts Lalong over grazing reserves policy

By Marie-Therese Nanlong

J

O S — S E N A T O R

representing Plateau North

Senatorial zone in the National Assembly,

Jonah Jang, has described the grazing

reserves/ranching policy of Governor

Simon Lalong as an attempt to sell off the

birthright of the people of Plateau State.

According to a statement issued yesterday

by the Senator Jang through his aide,

Clinton Garuba, he said: “The attention of

the Senator representing Plateau North in

the National Assembly, Senator Jonah

Jang has been drawn to remarks made by

the Plateau State Governor, Barr. Simon

Lalong to the effect that he (Sen. Jang)

was responsible for the protests that

greeted the APC Government’s policy on

grazing reserve, ranching.

The fact that we have to struggle with a

nomenclature for the anti-people policy is

in itself a pointer to the fact that the

government of the day doesn’t know what

to do and is cleaving to anything just to

portray itself to be working.''

C

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K


38—VANGUARD, MONDAY, JULY 4, 2016

GovAhmed

Changing Nigeria

goes beyond APC,

PDP — Gov Ahmed

•Says change takes time to come

•Says Nigeria needs restructuring

•Believes Buhari would implement 2014

National Confab report

GOVERNOR Abdulfattai Ahmed of

Kwara State is so passionate about the

development of his state that he recently

travelled to China where he succeeded

in attracting $56 billion investments for

Kwara.

But the investments seem not to give

him concern as the crisis in Nigerian

does. And without fear of contradiction,

the governor, in this interview in Abuja,

said Nigeria needs restructuring even as

he denies that President Muhammadu

Buhari has jettisoned the report of the

2014 National Confab. Excerpts:

•Ahmed: We need to identify economic strength

By Levinus Nwabughiogu

AS a governor on the

platform of All

Progressives Congress, how

would you evaluate APC

government in the last one

year?

Yes, the promised change has

come. Is it short of people’s

expectation?It isn’t short of

people’s expectations because it

would be unfair to begin to create

assessment without looking at

where you are coming from,

where you are and where you

want to be.

Where are we coming from? We

are coming from a process where

democracy has been on ground

for the last 16 years. The

president came in last year to

meet a baggage of huge

problems on ground and it isn’t

about APC, it is about us as a

country to truly move this thing

forward.

Yes, APC came with a mantra

of change to let people see that

we need to do things differently

for us to begin to make things

different and these changes

won’t come overnight.

We have seen changes in areas

of corruption eradication because

we know it is part of ensuring

good governance. We have seen

changes that are also coming in

from infrastructure deployment.

The government is coming up

with deploying infrastructure in

energy, road and water at

national and sub national levels;

but of course, the challenges are

enormous. So, that is why the

changes are slow. But I want to

let you know that except we truly

sit down as a country and agree

that we have to jointly move

forward, it is not an APC thing

or a PDP thing, it is a collective

responsibility.

This idea of thinking a section

of the country or a part of the

country would move us forward

is not doable; it is a collective

responsibility. Let us put our

heads together and agree that we

have a set goal of where we want

to be at a point in time and put

our resources together to take us

to that level.

Homogeneity

in religion

That is where we are today as

a country because we have seen

it severally in different parts of

the world that homogeneity in

religion, homogeneity in race,

and homogeneity in language

doesn’t guaranty success.

What guarantees success is the

ability to organise ourselves

under set rules and allow

ourselves equity and fair play

that would take us to the

Promised Land and that is what

we need to do as a country and

luckily we have a leadership with

the will and that is ready to take

us to that level.

Some people are calling for

the restructuring of Nigeria.

What is your take on this?

Certainly, Nigeria needs to be

restructured. When you are using

a process that hasn’t translated

into benefits, you change it. But

each time when you talk about

restructuring, people fear that it

is a way of backwarding the

country.

No. It is a way of reviewing

things. If it hasn’t taken us to the

Except we truly

sit as a country

and agree that

we have to

jointly move

forward, it is not

an APC thing or

a PDP thing, it is

a collective

responsibility

promised land, what new ways

do we need? For instance, if you

look at our restructuring in the

past, it has largely been political.

That is why the economic impact

isn’t felt.

We need to restructure on

economic lines which might also

require geo political

restructuring but the most

important thing is the economic

line.

We need to identify economic

strength and put our energy in

those strength with specific ends

in mind and allow those

economic ends to truly begin to

transform into human capital

development and into wealth

creation.

That is the kind of restructuring

I think Nigeria should go

through today and that is what

will give everyone a sense of

comfort without necessarily

relying on a section of the

country for support because

every section of the country has

one potential or the other.

So, the restructuring will bring

potentials to the fore and allow

everybody to contribute to human

capital development and

economic growth and at that level

you begin to see that we are not

threatened by any section of the

country taking laws into their

hand and allow for the situation

we are faced with.

But President Buhari has said

that he would jettison or at best

archive the 2014 Confab report?

We are not aware that the

president is going to jettison it.

He said he is going to put it in

the cooler and the reason is very

simple. You can only fight a battle

at a time.

There is high level of insecurity.

There is a huge economic

downturn. There is a low level of

human capital development.

There is infrastructural deficit. You

can’t be fighting these and say

you want to restructure the

country at the same time.

You need to bring the country

to a basic minimum level where

we will begin to see

implementation of whatever has

been put in the conference. So, I

think the president isn’t incorrect

by saying that.

School feeding

programme

There is a minimum level we

need to stand on before we begin

to talk about implementation. The

challenges we have at hand, for

instance, security challenges are

enormous and we are now

having economic challenges

which are now becoming security

challenges.

Is your state planning to key

into the Federal Government/

Osun school feeding

programme?

Of course, we hope to key into

the school feeding programme as

we move on. Don’t forget it is

largely a federal government

supported programme and states

will only key into that to show

their support so that it has an

overall desired impact. As a state,

Continues on page 39


VANGUARD, MONDAY, JULY 4, 2016—39

Change takes time to come — Gov Ahmed

Continues from page 38

we are also desirous of joining

the school feeding programme

and we are working out the

funding capacity within the state

to see how it can truly fit into

what the federal government is

doing. The sweet thing about it

is that it is a double egde thing;

it will simulate the local agric

scheme because the food stuffs

are produced within that

environment which

automatically stimulates demand

in that sector from that section of

the country.

So, it allows us to stimulate

agriculture and get it used for

feeding at the basic level is a

fantastic one. So, we would look

at it and we will also key in it as

a state.

Ekiti State Governor, Ayo

Fayose has disassociated

himself from the programme

saying it was a campaign

promise by the APC and the

APC is turning around to

involve other state. What is your

take on this?

Joining the scheme is by choice

and if any state feels it has an

alternative programme it could

come up with it to do so, but for

us, it is not a campaign thing.

Human capital

development

It is a thing that has been

thought out properly, structured

and currently being implemented

to meet up with our current

support for education sector in

our human capital development

programme as a party and as a

government.

Tell us about your directive last

month on payment of verified

workers and pensioners in

Kwara state

Naturally, when you are faced

with the kind of challenges we

are faced with as a country and

as a state whereby your revenues

are seriously reduced, the first

thing you want to do is to cut your

cost and what cost are we looking

at? The cost of running

governance, overhead cost and

personal cost and we are all

aware that we have had series of

over bloated database for our

various workforces.

So, it is only normal for us to

come up with a data that will suit

the desired database and as we

are carrying out this programme,

we are ensuring that nobody is

left out at getting remuneration

as at when due.

Those that have been cleared

have been asked to be paid. If

anyone has any outstanding, it

is probably, because there are

one or two areas required to

ensure that you duly deserved

to be enumerated.

We are still working on it

because it is more than just going

through the biometrics. You see,

this abnormality has being going

on for a period of 15, 20, 30 years.

•Ahmed...Nigeria needs to be restructured

So, you can’t just get it cleared

up in one fell swoop programme.

Verification will eliminate the

first level, then you still have to

go into document verification

which is the next level and, of

course, it isn’t something to be

done almost immediately.

It is a thing that has built up

over a period of time and we need

to clear it over a period of time

when we would be able to get an

adequate database that will truly

Nigeria needs to

be restructured.

When you are

using a process

that hasn’t

translated into

the benefits, you

change it

reflect the workforce and will

enable planning for their

remunerations.

But it is affecting the immediate

payment of salaries at the end

of the month...

It is not unexpected. You see it

is like surgery. When you have a

small wound and you don’t treat

it, it becomes a major wound that

requires surgery and no matter

how, surgery comes with pain.

There is no way we would carry

out this thing without getting

people who would have one or

two problems like this because

when you allow things to decay

over a period of 15, 20, 30 years,

you can’t get it cleared in one

swoop.

It is over a period of time. The

most important thing we require

in Nigeria now is patience and

determination. You must be

patient to carry out the process

a n d

determination

to ensure that it

is taken to

fruition level.

It requires

c a r e f u l

handling too

and a lot of

human factors

are still in the

process of even

verification.

Don’t forget,

when you are

carrying out

programmes

like this, there

are people who

a r e

beneficiaries of

inefficiency.

They will

always try to

impede the

progress but we

are determined

to get it done

against all

odds. So, these

are the

challenges we

are facing but

we want to

ensure that at

the end of the

day everybody

is properly

enumerated

and remunerated

accordingly.

Is your state

among those

against the N90

billion funds set

aside by the federal

government for

states to borrow to

come out of the

current economic

crisis?

What happened

is that the federal

government has

created a window

to enable states

augment their

budget needs.

Don’t forget that

the budget itself is

a plan on an

assumption that

falls within the flow

to support budget

execution and with

the trends at which

revenues are

flowing into the

country now, it is becoming

obvious that states will not only

be unable to meet up with their

budgetary needs but also going

through a lot of challenges in

supporting their current

expenditure based on

budgetary provisions.

So, the federal government in

its wisdom has created a window

for states to augment their

budgetary needs and it is, of

course, based on need bases.

States that feel they are

required to augment their

inflows to truly execute the

budgetary provisions have

requested to access this fund.

As a state we have seen it that

we also require to access it

because the inflow as captured

in the budget are shortening

because the inflow from the crude

oil isn’t meeting up with our

expectations and the only way

we could truly support it is to get

this kind of window that has been

provided by the federal

government which is a fantastic

one.

Level of

stabilization

I want to commend the Federal

Ministry of Finance for this

initiative because it will help to

create some level of stabilization

for us between now and when

oil price will stabilize and get to

a level that will meet the

budgetary expectations. So, for

me it is a fantastic window for us

to carry out our budgetary

expectations.

Five states have completed the

process. Is Kwara state among

the five?

We are in the process of putting

our documentation in place and

we will meet up with the

expected deadline before the

month runs out.


40—VANGUARD, THURSDAY, JULY 4, 2016

Yakubu emerges as Ize-Iyamu’s running mate

By Gabriel Enogholase

GRASSROOTS politician

and former chairman of

Esan North East Local

Government, Mr. John Yakubu,

has emerged as the consensus

running mate to the PDP

candidate, Pastor Ize-Iyamu.

The decision on Yakubu was

taken weekend, in Benin at a

meeting of party elders with

Ize-Iyamu in attendance.

It would be recalled that the

PDP had earlier zoned the

position of the running mate of

its governorship candidate to

the Edo Central district.

Among those in attendance at

the meeting were notable

Edo North APC leaders battle Central over Obaseki’s running mate

By Simon Ebegbulem

LEADERSHIP of the All

Progressives Congress

(APC) in Edo North and Central

senatorial districts of Edo state are

up in battle over which zone to

present the running mate to the

party’s flag bearer, Mr. Godwin

Obaseki.

APC leaders in the Central are

pushing for the position on the

claim that since the speakership

was taken away from them and

given to Edo South that it will be

unfair to also deny them the

position of running mate.

Edo North leaders are,

however, arguing that unlike the

Central District, that they have

almost consistently given the

bulk of their votes to the APC,

adding that since Governor

Adams Oshiomhole is leaving,

they deserve the position as

compensation for their

continuous support for the APC.

It will be recalled that the

governorship candidate of the

party, Mr. Obaseki had disclosed

that the leadership of the party

would decide on who would be

By Gabriel Enogholase

CRISIS has broken out over

the adoption of former APC

aspirant, Don Pedro Obaseki as

the candidate of Accord as the

state chapter of the party

yesterday disowned the

“national officers” who enthroned

Obaseki as the party’s candidate.

The state chairman of the party,

Dr. Samson Isibor, and secretary,

Emmanuel Idehenren in a joint

statement said that Mohammed

Nalado, who installed Obaseki

as the Accord candidate as

“national chairman” last week

had been removed from office

since 2011.

The state officials in the

statement said: “we the law

abiding members of the Accord

Party have no option than to

disown the said Don Pedro

•Yakubu

politicians from the Edo

Central district, who had been

touted as likely running mates

his running mate.

Among the names being

thrown up for the position in Edo

Central are a leader of the party

in the area, Mr. Victor Eboigbe,

who has been a major financier

By Gabriel Enogholase

THE PDP has accused

Governor Adams

Oshiomhole of denying it the use

of the Ogbe Stadium for today’s

campaign flag-off saying the

denial has worked for the party’s

good in leading it to flag off from

the House of God.

Party chairman, Dan Orbih said

yesterday that after receiving

approval from the State Ministry

of Sports for the usage of the

stadium the ministry turned

around at the last minute to cancel

the approval.

Orbih, who was flanked by the

party candidate, Pastor Osagie

Ize-Iyamu, said following the

development, the party found a

new venue at the Baptist

Convention Ground in Benin,

such as Friday

Itulah, Hon

A k h e r e

Ugbesia, Hon

Felix Akhabue,

Barrister (Mrs)

Philomena

Ihenyen, Felix

Imosili and

Y a k u b u

himself.

Also, present

at the meeting

were the state

chairman of the

party, Dan

Orbih and

leaders of the party across the

three senatorial zones of the

state.

of the party, Prince Joe Okojie,

Peter Esele among others.

Among those being mentioned

in Edo North, Senatorial District

are Philip Shuaibu, a member of

the House of Representatives,

PDP flays denial of stadium for flag off

adding that “hundreds of

Oshiomhole cannot stop the

flagging off on Monday.”

Commenting on the leadership

crisis in the PDP, he said that with

the various judgments delivered

on the matter so far, it was clear

for everyone to see that Senator

Ahmed Makarfi was the

constitutionally recognized

caretaker chairman of the PDP.

He accused Governor

Oshiomhole of sponsoring

Thursday’s factional PDP

primary election held in Edo

State, describing the event as “a

gathering of APC members, who

voted for a suspended PDP

member.”

Also speaking Pastor Osagie

Ize-Iyamu, who regretted the

action of the Edo State

government, said opinion poll

Accord in crisis over Don Pedro Obaseki

Obaseki as the self-styled Accord

Party candidate. We advised him

to desist from using our party’s

name to illegally pursued his

gubernatorial ambition in the

state.”

By Chris Ochayi

THE All Progressive Grand

Alliance, APGA, has

called on the Independent

National Electoral

Commission, INEC, and

security agencies to provide

and ensure a level playing

ground for all political parties

and their candidates.

The party warned that INEC

and the security agencies

must be up and doing and

alive to their constitutional

However, in his reaction, Dr.

Don Pedro Obaseki said,

“INEC’s recognized the

National Chairman of Accord

Party is Alhaji Lawal Mohammed

Nalado and the Edo State

It was gathered that a

consensus agreement was

reached to pick Yakubu as the

running mate as the majority

of the leaders of the party

endorsed his candidacy.

Yakubu, a popular local

government chairman, stirred

controversy when his bid for a

second term ran into trouble in

PDM adopts Ize-Iyamu

By Gabriel Enogholase

THE Peoples Democratic

Movement (PDM) weekend

adopted the PDP candidate,

Pastor Osagie Ize-Iyamu, as its

candidate for the election.

former Secretary to the Edo state

Government, Simon Imuekheme

and John Akhigbe, Executive

Director with the Edo state

government.

has shown that the PDP will win

the September 10 governorship

election resoundingly, adding

that 20,000 seats would be moved

to the new venue of the flag off.

However, Edo State

Commissioner for Sports,

Prestley Ediagbonya, refuted the

PDP claim that the state

government denied the party

use of the Samuel Ogbemudia

Stadium, saying that he only

received PDP’s letter dated June

28, 2016, for the use of the

stadium on Friday.

Ediagbonya, who said the letter

got to the registry of the Ministry

of Sports on the 28th of June, said

he could not look into requests

made to his Ministry on

Thursday as he spent the good

part of the day attending a party

function.

chairman is Hon. Joseph Osa

Omorogbe, I have duly obtained

my nomination form from the

National Headquarters and with

INEC Certification in Abuja”.

EDO POLL: We are ready, APGA ...Calls for level playing ground

responsibilities; within the

confines of the law, to prevent

a repeat of ugly trend that

characterized recently

conducted polls.

The party in a statement

issued to newsmen by its

National Director of Publicity,

Ifeanacho Oguejiofor in

Abuja, implored them not to

allow “a repeat of the manifest

sham, total disaster and grave

fraud that happened against

APGA in the Nasarawa/Toto

federal constituency byelection,

in Nasarawa State,

held on May 28, 2016.”

It alleged that during the

election, “the APC

government in Nasarawa

State, some Staff of INEC and

personnel of security

agencies on duty, conspired

against the Party and heavily

manipulated the collated

results and undermined the

interest of the majority of the

voters which was a huge blow

to democracy in Nigeria.”

2012. The PDP claimed that the

state administration annulled

his victory and caused the

election results to be

announced in Benin when the

results were showing him to be

winning the Esan North East

chairmanship election. The

results of the election which

returned the candidate of the

then Action Congress of

Nigeria, ACN were eventually

upheld by the tribunal.

The party said the decision

was taken after its leadership

and some members in Edo

State carefully assessed the

candidates of the two major

parties, PDP, and APC.

Edo State chairman of the

PDM, Nosa Omorodion, who led

some other members of his

executive to the residence of the

PDP candidate, said his party

would make available their

resources for the actualization of

his gubernatorial ambition.

He said he would rally other

smaller political parties in Edo

State to give their support to

Pastor Ize-Iyamu as there was no

need for them to present

governorship candidates that

cannot go anywhere, adding that

the change brought upon the

country by the APC has been

disastrous.

Edo Diaspora

Community

endorse Obaseki

MR. Godwin Obaseki’s

ambition to succeed

Governor Adams Oshiomhole

received a boost Sunday when

members of Edo community in

Diaspora pledged their support

and commitment in ensuring his

success in the election.

A statement from the Obaseki

Campaign Office Sunday said

the Edo Community in Diaspora

endorsed the candidate when

members played host to him and

his entourage in Atlanta, Georgia,

USA.

The statement quoted Edo

Community as saying that their

support for Obaseki became

necessary due to his career profile

and influence in the international

stage. The statement added that

Edo State needs an exposed and

influential governor who can

integrate all citizens across the

world in the support and

actualization of government

policies and programs.

•Obaseki


VANGUARD, MONAY, JULY 4, 2016 — 41

•Iraqi women wait to hear about family members who went missing

after a car bomb hit Karada in the Iraqi capital on Sunday morning.

Bombing kills 125 Ramadan shoppers

in Baghdad

•Three days mourning declared

AT least 125 people have

been killed and about

150 injured in an explosion

claimed by the so-called Islamic

State group in Baghdad,

Iraqi police say.

A car bomb exploded on a

busy street in the Karrada district

late on Saturday.

The mainly Shia area was

busy with shoppers late at

night because it is the holy

month of Ramadan.

Iraqi PM Haider al-Abadi

was met by angry crowds

while visiting the scene on

FORMER prime minis

ter Tony Blair has said

"we should keep our options

open" on the UK leaving the

European Union.

He told the BBC the 48%

who had voted to Remain felt

"disenfranchised" and it was

not clear "what we are moving

to".

He said that "if the will of

the people shifts" as details of

what Brexit means for the

country begin to emerge,

Sunday. He later declared

three days of national mourning.

A second bomb also exploded

at about midnight in a predominantly

Shia area north

of the capital, killing another

five people.

The bombing in Karrada is

the deadliest in Iraq this year

and came a week after Iraqi

security forces recaptured the

city of Falluja from Islamic

State (IS) militants.

Police said the dead included

at least 15 children and

then, "Why shouldn't we recognise

that?"

Prime Minister David

Cameron and Labour Leader

Jeremy Corbyn have both

ruled out a second EU referendum.

When asked on Radio 4's

The World This

Weekend whether "keeping

our options open" meant a

second EU referendum, Mr

Blair replied: "It means whatever

we decide it should

‘Syrian refugees could become

Turkish citizens’

TURKISH President

Recep Tayyip Erdogan

has said that Syrian refugees

living in Turkey could eventually

be granted citizenship.

"I want to announce some

good news," Erdogan said

late on Saturday at a dinner

to break the Ramadan fast in

Kilis province, on the Syrian

border.

"We are going to help our

Syrian friends in offering

them the chance, if they want

it, to acquire Turkish nationality."

The Interior Ministry will

shortly announce how the citizenship

procedure would

work, Erdogan added.

The president did not specify

whether all of the 2.7 million

Syrians that Turkey is

hosting would be able to apply,

and gave no details on

eligibility criteria or how long

the process would take.

"We regard you as our

brothers and sisters. You are

not far from your homeland,

but only from your homes and

your land ... Turkey is also your

homeland," Erdogan told a

group of Syrian refugees in

Kilis, a city hosting more than

120,000 refugees, which exceeds

its population.

Ankara has refused to grant

refugee status to Syrians who

have fled the devastating war

across the border since 2011,

referring to them as "guests."

Only a small group have

been granted work permits

and residency.

six policemen. At least 12 other

people were missing,

feared dead.

One senior Iraqi official

warned that the death toll

could rise still further.

The US said on Sunday that

the latest attack strengthened

its resolve to support Iraqi forces

in their fight against IS.

"We remain united with the

Iraqi people and government

in our combined efforts to destroy

Isil," the White House

statement said, using another

term for the group.

Blair wants UK to keep Brexit options open

mean as we see how this debate

develops."

But he said the case for leaving

the EU had "crumbled".

He said the government

should engage now with other

European Union countries

to see what room there was

for manoeuvre, stressing the

continuing importance of

David Cameron's role in this,

rather than waiting for the

outcome of the Tory leadership

race.

He said the referendum

had been an event of "seismic

importance" but warned

the focus in the wake of Mr

Cameron's resignation as

prime minister would be on

the Conservative leadership

contest rather than the country's

national interest.

New Zealand records cocaine seizure

in horse's head

NEW Zealand police

say they have made

their biggest ever seizure of

cocaine, hidden inside a novel

kind of drug mule.

They intercepted the $10m

(£7.6m) worth of cocaine inside

a huge diamante-encrusted

statue of a horse's

head.

The shipment of 35kg

(77lb) bricks was air-freighted

from Mexico to the city of

Auckland in May.

An American and two

Mexicans were arrested over

the weekend following a sixweek

investigation.

The horse's head weighed

365kg and was 1m (3ft)

tall, the New Zealand Herald

reported.

"This is a significant win for

New Zealand," said Det Supt

Virginia Le Bas. "We should

proud to have detected it at

the earliest of stages."

Facebook accused of sabotaging Israeli

security

ISRAEL'S Minister of Internal Security on Saturday ac

cused Facebook and its founder, Mark Zuckerberg, of

not doing enough to prevent incitement against Israel and

said the social network was "sabotaging" Israeli police work.

Israel has in the past said Facebook is used to encourage

attacks and the government is drafting legislation to enable it

to order Facebook, YouTube, Twitter and other social media to

remove online postings it deems incite terrorism.

[L8N19C1NE]

Guinea-Bissau confirms three cases of

Zika virus

GUINEA-Bissau has

confirmed its first three

cases of the Zika virus in a

group of islands off the mainland

and has set up an emergency

committee to stop further

transmission of the disease,

the government said on

Friday.

Experts have feared the

tiny nation could become a

gateway for Zika's spread to

mainland West Africa, after

an outbreak of the mosquito-borne

virus was first recorded

in the African island

chain of Cape Verde late last

year.

"The Health Minister has

informed (the government)

Kenyan prosecutor to arraign 3 officers

over killing of lawyer, client, driver

KENYAN prosecutors

will on Monday arraign

in court three police officers

over the killings of a lawyer,

his client and their driver,

the director of prosecution's

office said on Saturday.

Lawyer Willie Kimani and

his client Josephat Mwendwa

had filed a complaint alleging

that Mwendwa had

been shot and injured by police

in April.

Mwendwa was then

charged with a range of offences,

including possessing

drugs, gambling in public

and resisting arrest, rights

activists said.

The U.S.-based International

Justice Mission, which Kimani

and taxi driver Joseph

Muiruri worked for, said on

Friday their two bodies and

that of their client Mwendwa

had been found in the Ol-

Donyo Sabuk River northeast

of the capital.

Police spokesman George

Kinoti said in a statement that

the three officers had been

arrested in connection with

the deaths and that an investigation

was underway.

"There are three suspects in

custody and they will be arraigned

in court on Monday,"

the Director of Public Prosecution

said. The statement

did not specify what charges

Saudi King

hosts Barkindo

KING Salman Bin Ab

dulaziz of Saudi Arabia,

Saturday, hosted the Secretary

General-designate of

Organisation of Petroleum

Exporting Countries, OPEC,

Dr. Mohammed Barkindo to

Iftar at the Royal Palace in

Makkah.

While welcoming Barkindo,

the King assured him of Saudi’s

continuous support for

OPEC especially at this critical

time.

He noted that as a founding

Member of OPEC, Saudi

Arabia will continue to render

support to the organization

and make necessary sacrifices

for the unity and

progress of the group.

King Salman commended

President Buhari for his

dogged determination to

change Nigeria for the better

even as he called on the international

community to support

President Buhari.

In his response, Barkindo

thanked the King for the honour

done to him and conveyed

the greetings and gratitude

of President Buhari and

the good people of Nigeria

to the King.

they would face.

Rights groups have in the

past accused some sections

of the Kenyan police of being

involved in extrajudicial

killings, a charge that police

deny.

FOUR senior aides to

former Ivory Coast

President Laurent Gbagbo

have returned home from

exile in Ghana more than

five years after his ouster in

a war over a disputed election,

a step the leader of his

party said would aid reconciliation.

The four men, who included

former Defence Minister

Kadet Bertin, were persuaded

to return following

negotiations with the government

and guarantees

that they would not face

charges related to the civil

war.

Accompanying Bertin

were Kacou Brou, leader of

Gbagbo's Fesci youth militia,

Yaon Franck, a presidential

bodyguard, and Wat-

of three confirmed cases of

Zika virus contamination located

in the Bijagos Archipelago,"

read a government statement

sent to reporters.

Zika is spreading through

the Caribbean and Latin America.

Only about 20 percent of

infected cases display symptoms,

which are usually mild

and include fever, joint pain

and conjunctivitis.

But the CDC says it can be

spread from pregnant women

to fetuses and has been

linked to a birth defect called

microcephaly, in which babies

are born with abnormally small

heads and sometimes brain

damage.

Aides to ousted Ivorian leader return

home after five-year exile

Entebbe pilot admits seeing hostage

murdered

THE French captain of

a hijacked plane at the

centre of a famed Israeli rescue

operation has described

how he saw a passenger

killed by a hostage-taker.

In a rare interview, Michel

Bacos, 92, said a Palestinian

opened fire on hostages

when commandos

stormed the terminal in Entebbe

on 3 July 1976.

chard Kedjebo, another militia

leader.

Five years after the conflict

that killed 3,000 people, the

country, the world's leading

cocoa producer, has been reborn

as one of Africa's economic

stars, held up by many as a

model of post-conflict reconstruction.

But deep-seated tensions

between supporters of Gbagbo

and those of President Alassane

Ouattara -- who won the

war with French backing --

continue to simmer.

Pascal Affi N'Guessan, leader

of Gbagbo's Ivorian Popular

Front (FPI), confirmed on Saturday

that the four men had

returned by plane late on

Thursday and met Defence

Minister Alain Donwahi and

Minister for Social Cohesion

Mariatou Kone.

•King Salman Abdulaziz of Saudi Arabia (R)

welcoming the Secretary General-designate of

Organisation of Petroleum Exporting Countries, OPEC,

Dr. Mohammed Barkindo to Iftar at the Royal Palace

in Makkah last Saturday

It was previously understood

no hostages were murdered by

the captors.

Israeli forces freed 105 hostages

in a surprise raid, killing

about eight hostage-takers and

20 Ugandan troops.

One hostage, Jean-Jacques

Mimouni, was mistaken for a

hostage-taker and shot dead

by a commando. Another, Pasco

Cohen, also died after being

accidentally shot by one of

the Israeli soldiers.

C

M

Y

K


42—VANGUARD, MONDAY, JULY 4, 2016

THE CASE OF DETAINED MOTHER OF

TRIPLETS:

My defence,

medical director

By Chioma Obinna

THE story of 27- year-old Glo

ria Okorie, who was allegedly

detained seven weeks after

she was delivered of a set of

triplets, caused a stir when it hit

the headlines last week. Gloria,

claimed that negligence on the

part of the management of

Blessylva Hospital and Maternity

Home, Agege, Lagos, where

she was allegedly detained over

inability to settle outstanding

bills, led to the death of one of

the babies.

But the Medical Director, of the

hospital, Dr. Ngozi Nwachukwu,

denied the allegation, and stated

that she and her staff did their

best for Gloria and her babies.

Nwachukwu, who revealed that

Gloria's travail began on May 10,

2016 when she was rushed to the

hospital. She said she (Gloria)

was seven months pregnant

when she was admitted following

a forced contraction (labour).

Upon examination, it was discovered

that her bag of water was

broken.

How it all started: "On May

9, 2016, she (Gloria) and her

husband came to the hospital

because she was draining (the

water that was holding the babies

was coming out of her).

Draining

the water

I advised her to be on

admission to see if we could stop

the forced labour so that the

babies could stay a little longer.

She said she would not sleep in

the hospital. I begged her. Her

husband begged her, but she

was adamant. We treated her and

she left."

Nwachukwu further, explained

that to their surprise, Gloria was

rushed back to the hospital in the

mid night of the next day (May

10, 2016). "It was discovered that

the labour had progressed so

much and we prepared her for

delivery. Being our antenatal

patient all we were concerned

about was to save the three

babies."

Nwachukwu recalled that Gloria,

who knew she was expecting

triplets, came to the hospital

without anything. Almost in tears

as she narrated the encounter

with the Okorie family, she said,

"When these children were

delivered, we tried our best to

revive them. We used oxygen

and we needed an incubator. But

there was no money. The couple

could not afford an incubator. We

went out searching for incubators

but there was no money. We

invited the family to assist but

they also said there was no money.

We even invited the extended

family who also had no money.

They said I should do whatever

I could, that money would

not be a problem. I could not afford

the N100, 000 for an incubator.

So what do we do? I began

to seek assistance."

Incubators: Faced with the

situation, Nwachukwu said she

contacted the Speaker of the

Lagos State House of Assembly

for assistance. "I called the Lagos

State Speaker and informed him

that we had triplets and needed

help. He promised to send some

people to us but they never came.

I reported to the chairman of our

zone that the family is poor and

that they could not afford to take

care of the babies. He said there

are protocols to follow."

Smaller

incubator

Due to the urgency of the situation

and condition of the babies

then, Nwachukwu said she invested

her money to obtain a

smaller incubator for the babies.

"If nothing was done immediately,

we might have lost the babies.

We went to the General Hospital

at Ifako-Ijaye, but they had no

incubator. We were referred to the

Lagos University Teaching Hospital,

LUTH. The lives of the babies

were at risk, and moving

them around could cause more

harm. So I rented a much smaller

incubator for N50,000 and we

did that for three days and another

three days again. I felt that

at that level, I could manage

them."

Expressing shock at the stories

making the rounds about Gloria's

predicament, she lamented the

way the family criticised her after

the gallant efforts she and her

staff put in to save their lives. "We

are not against patients raising

funds for any assistance but we

take objection to patients runing

the hospital in the name of

whipping-up sentiments to raise

money. After Gloria's babies were

delivered we could not send

them home immediately because

the babies were premature. Even

when they could not pay for the

incubator, we still accommodated

them.

"I told them after we were able

to rent one incubator because the

babies were premature and I

could not release them to go

home. The babies needed to be

managed for sometime before

they could be discharged. The

woman's breast milk was not

flowing when it mattered most.

We could not give them artificial

milk at that time because it would

Dr. Ngozi Nwachukwu, MD, Blessylva

Hospital and Maternity Home. Inset: The

triplets

cause them harm. I kept managing

them with all the resuscitation

skills I ever acquired. I

was also using water until they

were a- month- old and we introduced

powdered milk which

they tolerated up till they left the

hospital. When we started managing

these babies, it was with

my own money. My hope to continue

treatment was the assurance

the husband gave that he

would be paying the bill in instalments.

I agreed because I

know them. I could not reject

them because they had no money."

Allegation of negligence:

Nwachukwu dismissed Gloria's

We are not against

patients raising

funds for any

assistance but we

take objection to

patients ruining

the hospital down

in the name of

whipping-up sentiments

to raise

money

claim that it was lack of care that

led to the death of one of the babies:

"If they felt I was not taking

care of them why did they not

leave? I tried to refer them to the

General Hospital, but they refused.

They claimed they might

lose the babies if they went there.

They cited instances in which

such had occurred. I decided it

was in God's hands and that I

would do my best. That particular

baby died soon after it was born.

I revived the baby more than five

times through resuscitation, but

it eventually passed on. The

mother knew. She was crying

and said to me that she thought

the baby had died, but I still

revived the dead baby. I told her,

it is not my power but God. We

rejoiced over the babies. Earlier,

I had told the couple that with

its condition, the baby might not

survive, but the others had better

chance of survival. At that time,

the weather was not too good for

the baby; unfortunately it died

later, not through child birth. I did

my best even without an

incubator."

Detention: "It is sad and

strange that Gloria possibly

thought she was detained even

when she knew her babies were

premature and nobody chased,

detained or threatened them. In

few days, the babies will be two

months. My only sin was that I

called them to say the children

have survived, and that none of

them will die again. I then asked

what they are going to do regarding

their bills. I asked the husband

to pay part of the outstanding

bill and take the children

home and pay the balance gradually.

God knows that I never

wronged them. I actually insisted

that they should pay part of

the money because most people,

when they are released often

never come back. The husband

begged me but I insisted they

should pay part of the money. I

was ready to forfeit the rest if they

did not come back to settle it.

Changing

his life story

He said the journalist did not

explain to him that it was going

to come out the way it did. He

said he only solicited for help. I

did not believe him and said he

lied. But he was insistent. He

said the journalist asked him

questions and he answered, but

that it was his brother; a police

officer that asked him to make it

look as if he was detained otherwise

people would not give him

money.

"I told him he got it wrong, that

he ought to have told me about

his intention and we would have

made the story more palatable if

it was about changing his life story.

I would have advised him

better. I said to him that he went

to the media to say he owed N35,

000.00 when he owed more than

that. He began to cry and continued

begging me. I was bitter

because they claimed they were

detained. After the publication,

a lot of people came and brought

money to them, right in this my

office. I received about 20 people.

I never asked them how much

they were given. The cash I was

aware of was the N500, 000 because

the two gentlemen came

to my office and said this N500,

000 was for the triplets. I took

them to the couple and they gave

them the money.

"Another person came and gave

N200, 000. They never gave me

any money, the only money I

used for my bill was the money

people paid directly to me. In fact

there is a cheque here which is

N35, 000 from one NGO that

came, they asked me how much

was the money and I told them

the bill and they said they only

came with N35, 000.

Total bill: The outstanding

balance was N67, 000. The total

bill was N120,000 but I deducted

N20,000 and asked them to

pay N100,000. The list of the

items we bought were not in the

bill.

Concern: My concern is that

my name has been damaged. If

they want to make money with

their babies they should go to

another place and plan it very

well and not spoil my name. The

outstanding bill has been cleared

as another person came to pay

N32,000. When I finally asked

them to go she refused to leave

under the pretext that one of the

babies was running temperature.

I said leave. I don't want you to

put me in trouble.

Running of

temperature

They have cleared your bill. Go

home. She said she was not

going and wanted to stay till

weekend but I said no.

What the children need now is

post treatment. Somebody came

in yesterday from Lagos State

Women Affairs and Poverty Alleviation,

WAPA, and dropped N30,

000 with me. I called her

immediately to inform her that

somebody has paid money for

further treatment, she said can

she come to collect the money. I

was shocked. Thank God the

people that came yesterday

(Thursday) came back today (Friday)

to collect their money. After

15 years of practice I would not

want anyone to mess me up.

Nwachukwu, further alleged

that Gloria gave a fake home addresses

with the hospital.


Vanguard, MONDAY, JULY 4, 2016 — 43

UDOJI UNITED – Dele Bob-Manuel(L), Ikem Udeh(c), and Robert Iweha(r),

former players of Udoji United

Udoji old boys rally support for

fallen colleagues’ families

FORMER players of the

defunct Udoji United

Football Club of Awka will

on July 30 engage retired

internationals in a

friendly game aimed at raising

funds for families of their

late colleagues.

The novelty match, scheduled

for the Nnamdi Azikiwe

Stadium, Enugu, will also

serve as an avenue for all

former players of the club to

come together and look at

ways of helping their indigent

colleagues.

Already, the planning committee,

headed by Diewait

Ikpechukwu and comprising

former international, Emma

Okocha, Enugu State Commissioner

for Sports, Ofor

Okenwa, Coach John Obuh,

Akonam Obiefuna, Norbert

Okolie and Ikem Udeh, have

started working to make the

event a success.

Speaking on the programme

in Lagos at the

weekend, the convener of

Udoji United FC Old Players

Association, Ikem Udeh,

accompanied by Dele Bob-

Manuel and Robert Iweha,

said, “ former players of the

club like Precious Monye, Ifeanyi

Aghenu, Robert Iweha,

Dele Bob-Manuel and

Ndukwe Chukwu have all

thrown their weight behind

the event. Former Udoji United

stars would face Enugu

based ex-internationals in the

novelty game.”

Udeh said the campaign

is aimed at helping widows

and children of the deceased

players, who have been under

untold hardship since

after the demise of their

breadwinners.

“We have lost such illustrious

colleagues as Coach

Willy Bazuaye, Charles

‘Charlie Parker’ Nduka, Kalu

Umah, Herbert Anijekwu

and trainer, Eddie Anyaegbulam.

I have spoken to late

Herbert Anijekwu’s wife and

she expressed her happiness

that at last some people want

to look into her situation.

“I have spoken to the

owners of the club, Oscar and

Goddy Udoji, and they are

well disposed to the idea.

Jude Agada is also in on it.

“Before anything, we want

to thank Oscar Udoji for giving

us the platform to become

what we are today. He is the

head of the Udoji United

2016 Copa Coca-Cola: Oyo State

wins as Okocha ‘steals’ show

family and we, as members,

are grateful to him.”

Udeh disclosed the event

is not only about raising and

giving money to the families

of their late colleagues, “we

will also help some of our

members secure jobs so that

they can take care of their families.”

Euro 2016: No more penalties

for me — Muller

GERMANY attacker Th

omas Muller has

made it clear he will no

longer be taking penalties

after missing from the spot

in his side’s Euro 2016

quarter-final win over Italy

Ṫhe reigning world

champions needed penalties

to see off Italy as things

were level at 1-1 after 120

minutes, but Muller was

one of three Germans who

failed to find the net from

12 yards, Gianluigi Buffon

saving his kick.

The versatile attacker also

missed from the spot for

Bayern Munich against

Atletico Madrid in the

Champions League semifinal

second leg and he

has consequently decided

not to take any penalties for

now.

“I will not be taking any

penalties for the next two

weeks,” Muller told Sport

Bild. “I will work on my

technique at penalties for

a bit and I will be back

stronger in one or two

months or so.

“I will take a step back

and let others do the business

for now.” However,

Muller was quick to add

that he is willing to make

an exception if a game

goes to spot kicks again in

the remainder of Euro 2016.

OYO state’s Asegun

Comprehensive High

School defeated the National

Grammar School, Nike,

Enugu state at the 2016 edition

of the Copa Coca-Cola

boys U-15 soccer tournament

at the national final

match played at the Onikan

Stadium, Lagos Island.

Determined and focused

all through the 60 minutes

of play that ended in a goal

less draw, both teams put up

a strong spirited fight for the

trophy and the prize money

of a million naira, but in the

end, the Asegun boys were

able to pull through with a

5-3 in a penalty shootout.

The match, which had in

attendance top officials from

the Lagos state government,

the National School Sports

Federation (NSSF), and Senior

Staff of Coca-Cola witnessed

super engaging musical

performance from rave

of the moments and 2016

BET Best New International

Act Award winner, ‘Falz

the bad guy’ as well as a surprise

entry by Nigeria’s Football

legend, Austin ‘Jay-Jay’

Okocha.

The former Super Eagles

captain came disguised as

an elderly janitor[GO1] ,

tricking both players and the

spectators into believing he

was just a regular cleaner

who was going about his job

and simply wanted to join in

the game. Pulling a surprise

with his quick moves and impeccable

juggling and dribbling

skills, Okocha had the

young players in awe, before

finally revealing himself.


44— Vanguard, MONDAY, JULY 4, 2016

I know what it takes to win — Serena

SERENA Williams

remains on track for

a seventh Wimbledon title

after seeing off

Germany’s Annika Beck

in the third round on

Sunday.

The American top seed

won 6-3 6-0 on a Centre

Court filled with

spectators enjoying a

surprise extra day’s play

following a week of rain.

Williams will next play

Russian 13th seed

Svetlana Kuznetsova,

who beat Sloane

Stephens 6-7 (1-7) 6-2 8-

6 .

Beck, who beat

Britain’s Heather Watson

in the first round, broke

for a 2-1 lead against

Williams but was then

brushed aside.

Williams powered

through 11 of the next 12

games and dropped only

four points in an utterly

dominant second set.

“It felt good,” said the

world number one.

“I wasn’t sure what the

stats were obviously, but

on that last service

Dream Team

Continued from

backpage

minute, when he powered

home a diving

header from inside the

box past exposed Nigeria

goalkeeper Emmanuel

Daniel.

The home team, who

won Olympics soccer

Gold in London four

years ago, then came

close to doubling their

lead in the 83rd minute.

The first half of this

friendly was cagey and

ended goalless.

The young El Tri side

Yusuf

Continued

backpage

from

“If I were not convinced

that I can qualify

Nigeria to the next

World Cup, I would not

have applied for the

post,” the former Enyimba

and Kano Pillars

coach maintained.

“I have a good relationship

with the players

right from when I was

the assistant to Stephen

Keshi and I believe we

can continue to have a

good working relationship

built on trust and

respect with me as head

coach.”

He continued: “No

doubt, we have found

•Serena returns with a forehand against Beck yesterday. Serena won 6-3,

6-0.

game, I was thinking,

‘Have I lost on my first

serve yet?’

“I wasn’t sure, but I

just tried to stay focused.

It gives me a lot of

confidence. I know what

it takes to win these

tournaments. It’s just

about now just doing it.”

ourselves in a very

tough qualifying group,

but I am also positive we

can win this group with

the right preparation,

support and attitude.

“We must first and foremost

believe in ourselves.

If we don’t, we

could as well stay out of

the qualifiers.

“My contacts in Europe

have already supplied

me recent tapes of

matches involving all

our group opponents

and I have already begun

to study them and

take down vital notes.

“This is a Nigeria

project and we must all

come together to surmount

this challenge.”

I won’t abandon physically

challenged athletes — Ochei

FORMER Speaker of

the Delta State

House of Assembly,

Right Honourable Victor

Ochei has reiterated his

were the livelier of the

two teams after their goal

even though Nigeria

could have drawn level

late on.

Mexico have now won

three and lost one of

their preparatory matches

in defence of their title

in Brazil.

Nigeria coach Samson

Siasia played his settled

first team from the Rio

Olympics qualifiers with

Belgium-based midfielder

Sodiq Popoola and

Saturday Keigo the only

new faces.

Liverpool striker Taiwo

Awoniyi and Tunisiabased

Junior Ajayi led

the attack with Keigo and

Ndifreke Effiong forming

a new central defence

pairing in the absence

of the injured Segun

Oduduwa.

South Africa-based

goalkeeper Daniel Akpeyi

was a late substitute

for Emmanuel Daniel.

Akpeyi is expected to

be one of the over-aged

players Nigeria will line

up at Rio 2016.

NFF

Continued

backpage

from

Green, said that applications

are invited from

all persons who feel they

are qualified for the position,

as the three –time

African champions get set

to begin preparations for

an interesting 2018 FIFA

World Cup qualifying

race against Algeria,

Cameroon and Zambia.

“We encourage applications

from all highly –

qualified persons, whether

they be Nigerians or

expatriates. Applications

are welcome until

Wednesday, and the Technical

and Development

Committee will meet on

Friday to look through all

applications and release

a short-list,” Green stated.

commitment to lifting the

physically challenged of

the society by

empowering them

through various

programmes,

particularly sports.

The former lawmaker

who sponsors an annual

international Wheelchair

B a s k e t b a l l

championship said this

while unveiling plans

for this year’s edition of

the tournament which

has been billed to hold

between September 19 -

24 at the Sir Molade

Okoya-Tomas Indoor

Sports Hall of the Teslim

Balogun Stadium

Surulere Lagos.

Meanwhile, the

F/Eagles to fly to

Khartoum

NIGERIA’s

U20

squad, the Flying

Eagles, will depart the

Nnamdi Azikiwe Airport,

Abuja aboard an Ethiopian

Airways flight on

Wednesday, 6th July on

their way to Khartoum for

a 2017 Africa U20 Cup of

Nations qualifying match

against their Sudanese

counterparts.

Coach Emmanuel Amuneke,

while addressing

the boys Saturday morning

after their 8-0 thrashing of

Oyah Sports FC of Suleja

in a friendly, described the

match in Sudan as ‘the

mother of all battles’ and

warned that the team must

Wheelchair Basketball

Federation of Nigeria

has earmarked N5

million as prize money

for winners at the

tournament.

•Ochei

The Super Eagles are

away to Zambia’s Chipolopolo

on Match day 1 (October

3) and will then host

the Fennecs of Algeria on

November 7. They will

then host Cameroon’s Indomitable

Lions on August

28, 2017 and visit the

Lions five days later, before

hosting Zambia a

month after and then

rounding off the series by

visiting Algeria on November

7, 2017.

Algeria beat Nigeria

home and away in the

qualifying series for the

1982 World Cup in Spain,

but Nigeria returned the

compliment in the qualifying

series for the 2006

World Cup in Germany.

Nigeria threw Cameroon

out of the race for the

1970 World Cup finals,

but then lost to the Lions

in the race to the 1990

World Cup finals. Cameroon

also beat Nigeria in

three Africa Cup of Nations

final matches (1984,

1988, 2000), but the Super

Eagles eliminated

then holders Cameroon

in the Cup of Nations

quarter finals in 2004,

beat the Lions to the LG

Cup title and whiplashed

the neighbours 3-0 in a

friendly in Belgium in

October last year.

Zambia pipped Nigeria

over two legs in the last

hurdle to the 1986 Africa

Cup of Nations finals, but

the Super Eagles stopped

the Zambians at the semi

final stage of the 1990 finals

in Algeria, edged the

Chipolopolo in the final of

the 1994 championship in

Tunisia, and also pipped

the southern Africans in

the quarter –finals of the

1992 and 2010 championships.

maintain high level of discipline

and focus to surmount

this final hurdle.

“Let me first congratulate

you for the performance

today. I am impressed with

your approach to the game

from start to finish. I hope

we all realise the enormity

of the task ahead, as we

must remain focused and

disciplined to achieve our

aim of picking one of the

seven tickets to the continental

soccer showpiece,”

he said.

In the absence of forward

Victor Osimhen who

has just returned to training

after injury, Orji

Okonkwo has continued to

fill the void, banging in two

against the U23 Eagles

and three on Saturday

against the Suleja -based

Nationwide League side.

ABS FC of Ilorin forward

Kehinde Ayinde has also

discovered his scoring

form. The petit striker

scored two as the Flying

Eagles thrashed Amakson

Academy 4-1 on Wednesday

morning and added

another two on Saturday to

take his tally to four in two

matches.

Iheanacho

Continued from

backpage

on 24 June. The Olympics

in Rio start on 5 August

and end on 21 August so if

Iheanacho was to play he

would miss the final weeks

of preparations and the beginning

of the Premier

League season. He said:

“If your country wants you

to play for them you surely

have to go, but it’s not up

for me to decide. It’s not left

for me to decide if I am

going to the Olympics or

not. My team and my

country, I don’t know if they

have concluded or not.”

The youngster is thought

to be happy with the decision

to keep him out of the

tournament, which will

run between August 3 and

20, but says he would have

been just as pleased to represent

his country.

“It’s up to the club and

country to decide what is

going to happen,” he told

the press.

Iheanacho, who was

signed from the Taye Academy

in Nigeria in 2014,

says he is equally looking

forward to working under

new City boss Guardiola.

The striker remembers

watching the Catalan’s

successful Barcelona side

as he was growing up in

Imo, but never expected to

get the chance to work

alongside him.


Vanguard, MONDAY, JULY 4, 2016 — 45


46 — Vanguard, MONDAY, JULY 4, 2016


Vanguard, MONDAY, JULY 4, 2016 — 47


Vanguard, MONDAY, JULY 4, 2016

I know what it takes to win — Serena

Page 44

I can qualify Nigeria for

2018 W/Cup — Yusuf

•Applies for Eagles job

Mexico

U-23

humble

Dream

Team

HOSTS Mexico beat

their Nigerian

counterparts 1-0 in a Rio

Olympics warm-up

match played yesterday

at the Estadio Victoria in

Aguascalientes. .

Marco Bueno was the

match winner in the 65th

Continues on page 44

TOD

ODAY'S PUZZLE

NIGERIA caretaker

coach Salisu Yusuf

has applied for the Super

Eagles top post because

he believes he can

qualify the country to

the 2018 World Cup in

Russia.

Yusuf recently won two

friendlies against Mali

and Luxembourg and he

has now said he is convinced

that under him

Nigeria can go past a difficult

qualifying group

that has Algeria, Cameroon

and Zambia.

Continues on page 44

Eagles’ job: NFF to release

names of applicants Friday

•Green

Euro 2016

France 5

Iceland 2

•Yusuf

•Pinnick

YESTERDAY'S

ANSWERS

VINTAGE SERENA: World No. 1, Serena Williams returns a ferocious backhand

as she races past Annika Beck 6-3, 6-0, to advance

THE Nigeria Football

Federation will on

Friday, 8th July release

a short-list of candidates

for the vacant position of

Super Eagles’ Head

Coach.

However, the Federation’s

Technical and Development

Committee

has set a deadline of

Wednesday, 6th July

2016 for interested candidates

to apply for the

position.

Chairman of the committee,

Barrister Chris

Continues on page 44

ACROSS

1 Curse (5)

5 Method (6)

8 Implicit (5)

10 Cave (6)

11 Detail (4)

14 Devastate (6)

15 Invent (7)

18 Entrap (3)

19 Spike (3)

21 Adroit (4)

23 Manufacturer (5)

24 Pip (4)

27 Permit (3)

29 Encountered (3)

31 Fused (7)

32 Attacker (6)

34 Fish (4)

35 Harmony (6)

38 Dulcet (5)

39 Sew (6)

40 Tired (5)

Rio 2016: Pep stops Iheanacho

Kelechi Iheanacho

wants to play for Nigeria

at the Olympic Games

but has accepted Pep

Guardiola’s decision that

Manchester City want

QUICK CROSSWORD

NPFL RESULTS

Abia Warriors 0 Plateau 1

Akwa 2 Pillars 1

Enyimba 2 El Kanemi 0

Ifeanyi Ubah 0 Sunshine 0

Lobi 2 Heartland 0

MFM FC 3 Ikorodu Utd 1

Niger Tornadoes 2 Warri Wolves 0

Wikki 0 Rangers 0

DOWN

2 Conflict (3)

3 Affix (6)

4 Rodent (3)

5 Agitate (4)

6 Sifted (6)a

7 Pester (6)

9 Hide (7)

12 Brown (3)

13 Companion (4)

16 Formerly (4)

17 Accepted (5)

20 Train (7)

22 Front (4)

24 Cycle (6)

25 Discharge (4)

26 Subtract (6)

28 Light (6)

30 Number (3)

33 Impetuous (4)

36 Novel (3)

37 Soul (3)

YESTERDAY'S SOLUTIONS

the striker available for

the start of the season.

The 19-year-old was

named in Nigeria’s provisional

35-man squad

Continues on page 44

Across: 1, Quit 4, Pen 6, Date 9, Eye 10,

Perfumed 11, Fear 14, Shy 16, Breed 19, Revealed

21, Pearl 23, Treatise 24, Deter 27,

Nap 31, Kind 33, Infinite 34, Tee 35, Seed 36,

Nil 37, Pant.

Down: 2, User 3, Tiff 4, Pamphlet 5, Nude

6, Defer 7, Aye 8, Tease 12, Bread 13, Event

14, Sap 15, Yearn 17, Equip 18, Dated 20,

Dreadful 22, Lap 25, Elite 26, Ended 28,

Mien 29, Snap 30, Stun 32, Nee.

How to Play Sudoku

Place a number (1-9) in each blank cell. (No line can

have two of the same number).

Each row (nine lines from left to right), column, (also

nine lines from top to bottom) and 3 X 3 block within a

bold block (nine blocks) contains number from 1

through 9. This means that no number can appear twice

in any block, column or row.

No mathematics is involved – no adding, subtraction, division

or multiplication, just plain logic and your imagination.

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