10 months ago

30012018 - 2019: No alternative to Buhari, says el-Rufai

Vanguard Newspaper 30 January 2018

18 — Vanguard,

18 — Vanguard, TUESDAY, JANUARY 30, 2018 WHEN on 30 th September 2014 former President Olusegun Obasanjo enrolled in the National Open University of Nigeria (NOUN) at the age of 77, not many people knew he would pursue his chosen course, Christian Theology, to the ultimate level. But on Friday, 12 th January 2018, he underwent a 163-minute grilling by a six-man panel of professors after which he bagged a Doctor of Philosophy Degree (PhD) in Christian Theology, thus becoming the first person to attain that feat from the NOUN which he established as President. Obasanjo, who enrolled in the university with Matriculation Number 146058901, successfully defended his thesis entitled: Resolving the Unfinished Agenda in Liberation Theology: Leadership, Poverty and Underdevelopment in North Obasanjo, an academic icon Eastern Nigeria. He was praised by Dr Samaila Mande, the Dean of Postgraduate School of NOUN, for being a pace-setter in the course which he manages. After bagging his latest achievement, this time in the academia, the former two-time president of Nigeria and author of many books, insisted he refused to be given any preferential treatment throughout his sojourn at the NOUN. He had, on the day he enrolled for the course, approached a prospective fellow student young enough to be his grandchild and said: “I am going to start school, just like you.” Former President Obasanjo (PhD) has continued to fascinate many of his countrymen and people around the world (for better and for worse) by dabbling into ventures that raise eyebrows. His boundless energy, this time invested in high academic pursuit of his eventful life at an age when most people no longer possess the intellectual endowment to cope with academic pursuits, is a great example to the younger generation. At that age, most people no longer see any point to prove in going back to school. Dr Olusegun Obasanjo has just proved that age is not a barrier to the pursuit of dreams; learning never stops, except when one is dead. Coming at an age when many of our youths have lost their bearing because of the vain distractions of the Internet Age and a society fractured by corruption and the quest for easy money, we recommend the Obasanjo spirit to everybody, both young and old. As a newspaper, Vanguard has always been excited when the feat Obasanjo has just achieved takes place. That was why our editors unanimously elected Pa Tete Allen, a 90-year-old man from Nembe in Bayelsa State who enrolled in Primary One as our Man of the Year 2011. We congratulate Dr Olusegun Obasanjo for this inspirational laurel and wish him more success in his endeavours. BAATOUN, better known as Bariba, is the only one of the Gur languages found in Nigeria, the western parts of Kwara and Niger states. These languages have, as their nearest relatives, the Adamawa- Ubangi languages, which now extend from the Bauchi, Gombe, Taraba and Adamawa states of Nigeria, right down into Cameroons and far into the countries of Central Africa. The best known in Nigeria are Chamba, Mumuye, Lunguda and Waja, found nowadays in Taraba, Gombe, Adamawa and Benue states of Nigeria. According to Kay Williamson, the linguistic evidence would indicate that the speakers of the Benue-Congo languages migrated into the Nigerian area, coming down the river Niger, "from an earlier homeland upstream on the Niger," to the North-West of Nigeria, settled and linguistically predominated, over the speakers of the protolanguages of the Borgu, the Chamba, the Mumuye, the Waja and the Lunguda. What is significant is that these Benue-Congo languages, some of whose speakers today take it for granted that they are the autochtonous of the Nigeria area, came after the speakers of the Gur and the Adamawa-Ubangi languages. These Benue-Congo languages which according to Kay Willimson had the homeland of their proto-language and primary dispersal centre in Nigeria, somewhere in the area where the present boundaries of Kogi, Kwara, Ekiti, Ondo and Edo states meet. These Benue-Congo languages include, among the major ones, the following. 1.Yoruboid - Yoruba, Itsekiri, Igala. 2. Nupoid -Nupe, Gbari, Gade and Igbirra. 3. Edoid--Edo, Isoko, A look at Bala Usman’s analysis of communal conflicts in Nigeria (3) Urhobo. 4. Idomoid—Idoma, Igedde, Yala and Alago. 5. Igboid— Igbo, Ika, Ndoni, Ikwerre, Ekpeye. 6.Platoid --Lelna (Dakarkari) Kambari, Kamuku, Bassa, Atsam, Jaba, Baju, Eggon, Ninzam, Berom, Atyap, Tarok and Jukun. 7. Cross River - Ibibio, Efik, Anang, Andoni, Kana, Gokana, Ogoi, Eleme (Ogoni). 8. Bantoid –Jarawan, Bantu, and Tiv. The Issue of Sovereignty But, all of these violent communal conflicts are generated and sustained not over disputes about the peopling of Nigeria, but over more local disputes which derive their credibility and legitimacy from this view about the peopling of the country. These local disputes are over which ethnic, sub-ethnic group, or, religious community owns an area of Nigeria, the land, the titles and the entitlements and the other assets of the area. The claims and counterclaims in these disputes are justified, generally on the grounds that the area was part of the territory and the homeland of a particular ethnic, or, religious community and that colonial conquest, the attainment of independence and all the constitutions and the laws enacted since then are said to have confirmed this ownership, and where they are said to have attempted to abrogate it, are said to be simply unjust, and therefore, unacceptable. In the Jos Metropolis for example, the dispute has virtually always been over who "owns" Jos, the Berom or the Jasawa? In most parts of Plateau, Nassarawa, Taraba, Bauchi and Of course, at the beginning there was no Nigeria; but when was this beginning? Was it 37,000 years ago, when we have the earliest evidence of human activity in the Nigerian area... Benue states, the disputes leading to these violent communal conflicts have almost always centred around claims and counter-claims over prior rights in a particular area; between the Jukun and the Tiv for example. There is already widely peddled, the view that all these disputes can only be solved at a Sovereign National Conference, where the ethnic groups which are said to be constituent units of the Nigerian Federation will send their delegates to deliberate upon the terms and conditions on which they will continue to live together in the Federal Republic of Nigeria;' or, the procedure to follow, to break-up this federation and allow each ethnic group establish its own sovereign nation-state alone or with others. There is no theoretical basis of not only these claims of monolithic ethnic groups and exclusive ethnic domains within a federal democratic republican polity, but also of the very notion of how Nigeria has come to be constituted, and by what entities and the basis of the sovereignty all its citizens exercise collectively over all its territory and resources, which is, under the present Constitution, vested in a democratically-elected Federal Government. A lot of this seems to take us away from the actual subject of this retreat which is peace and conflict resolution in some of the central states of Nigeria. But, it actually does not, because the violent communal conflicts in these states are the outcome of psychological, ideological, political and economic processes which are nation-wide, continent-wide and even global. The attack and the denigration of the nation-state in Africa and of its sovereignty and territorial integrity by Africans, funded and encouraged by countries which fiercely promote and defend their sovereign rights, their interests and even the borders of their nation-states, generates, in many parts of Nigerian atmosphere which encourages violent ethnicity and conflicts, in defiance of the fundamental democratic principle of peacefully resolving all conflicts; even though these European and North American countries and their African proteges, campaigning against the nation-state in Africa, are very loud in their claims about their love for democracy and peace. We have, fortunately, for this examination of the premises of this campaign a lecture by Professor Itse Sagay, who is widely promoted by the media as an eminent scholar and a jurist, with authority on constitutional matters. In the Ibori Vanguard Lecture, under the auspices of an organisation of the political goons and praise-singers of James Ibori, Governor of Delta State, at the Lagoon Restaurant, Lagos, in May, 2001, Sagay brought out in explicit terms one of the basic premises on which this campaign is being conducted. He stated that: “In the beginning, there was no Nigeria. There were Ijaws, Igbos, Urhobos, Itsekiris, Yorubas, Hausas, Fulanis, Nupes, Kanuris,Ogonis, Gwaris, Katafs, Jukuns, Beroms, Agnas (sic), Ogojas and so on. There were kingdoms like Oyo, Lagos, Calabar, Brass, Itsekiri, Benin, Tiv, Borno, Sokoto Caliphate (with loose control over Kana, Ilorin, Zaria, etc) Bornu, Opobo, etc. Prior to the British conquest of the different nations making up the present day Nigeria, these nations were independent nation-states and communities, independent of each other and of Britain.” These opening statements of his lecture reveal a level of ignorance of how peoples, nation-states came to be which even a secondary school pupil should be beyond. Of course, at the beginning there was no Nigeria. But when was this beginning? Was it 37,000 years ago, when we have the earliest evidence of human activity in the Nigerian area in the form of Stone Age tools on the Jos Plateau? Continues Online@ www.

Power generation hits 4350MW as epileptic supply persists •GenCos call for urgent review of policies By Ediri Ejoh THE country’s power generation rose to a peak of 4, 351.70 Mega Watts, MW on Friday, even as power supply remains abysmally epileptic. Meanwhile, the Association of Power Generating Companies, APGC, has called for the urgent review policies critical to the effective functioning of the power sector. Recall that the sector had couple of weeks ago experienced a drop in generation, which was blamed on damage to gas pipelines and cables by the Transmission Company of Nigeria (TCN). A system performance record posted on the web site of the System Operator (SO) shows a peak generation of 4, 351.70MW while lowest generation stood at 3, 726.60MW, giving an average of 4, 039.15MW. This is a slight improvement upon a previous release which showed a peak generation of 4, 279.3MW and a lowest of 3, 518MW, giving an average of about 3, 898MW. However, it is over 400MW short of the baseline minimum daily generation of 4, 500MW set by the Fashola-led Ministry of Power at the end of last year for 2018. According to the Saturday post, while the highest frequency was put at 50.47Hz, the lowest frequency was 49.81Hz as total energy sent out stood at 95, 552.41MWH. The record further shows that peak demand forecast for the day (connected + suppressed) CURRENCY BUYING SELLING US DOLLAR POUNDS EURO FRANC YEN CFA WAUA RENMINBI RIYAL SDR DANISH RAND $125.30 +1.65 $1,993.00+7.00 $13.45 +0.09 $70.52 0.00 65.77 -0.37 304.65 305.15 305.65 434.0958 434.8082 435.5207 378.9846 379.6066 380.2286 325.4808 326.015 326.5491 2.7863 2.7908 2.7954 0.5572 0.5672 0.5772 442.4524 443.1785 443.9047 48.2002 48.2797 48.3593 81.2335 81.3668 81.5001 443.1744 443.9017 444.629 50.9074 50.9909 51.0745 25.6327 25.6748 25.7169 CBN Exchange rate as at 29/01/2018 L-R: Chief Bright Edom, Chairman, Adersons Pharmaceutical Limited, Mrs. Omamo Oghene- Okoro, General Manager, Andersons Pharmaceuticals Ltd, Ms Layo Omodudu, Dietician, Lagos State Teaching Hospital (LASUTH) and Mr. Mike Nzeagwu, Head Consultant, Metro Media Communications Limited at the media launch of Tropicana Slim Sugar Free 3-in-1 Coffee Variants in Lagos. was 20, 550MW while generation capability equals 8004.3MW. It also shows that peak generation to date is 5222.3MW while Maximum Available Capacity to date is 7, 652.6MW as Maximum Energy Generated to date equals 109, 372.01MWH. Meanwhile, the Generation Companies of Nigeria, GENCOs, had argued that its members have the capacity to stimulate and sustain development in the power sector of the nation’s economy. In an email response to Vanguard enquiries, Executive Secretary, Association of Power Generating Companies, APGC, Dr. Joy Ogaji, called for the urgent review and tackling of policies as Vanguard, TUESDAY, JANUARY 30, 2018 — 19 Five companies have so far apply for bancassurance – NAICOM well as critical problems in the sector. She stated that: “We need to urgently review all the prevailing policies, orders and documents, conduct a viable and independent stress test on the generation, distribution and transmission capacities to enable us plan proactively and build the sector. NDIC seeks transparent selection system for banks’ independent directors By Babajide Komolafe NIGERIA Deposit Insurance Corporation (NDIC) has called on the Institute of Directors (IoD) to come up with a transparent and rigorous system of selecting independent directors of banks. Managing Director/Chief Executive, NDIC, Umaru Ibrahim made this call while receiving the members of IoD’s Governing Council, led by its Chairman and IoD President, Alhaji Rufai Ahmed Mohammed, who were on a courtesy visit to the corporation. He noted that IoD has an important role to play towards addressing the poor corporate governance practices that have posed a significant risk to the safety and stability of the Nigerian banking sector. Ibrahim indicated that the issue of corporate governance was still central to the public discourse in Nigeria since the 2009 banking crisis when the joint Central Bank of Nigeria (CBN) and NDIC Joint Special Examination of the 24 banks in the system exposed the subject as one of the fundamental flaws of the nation’s banking system. He called on the IoD to step up efforts towards developing a more transparent and rigorous selection system for independent directors in banks as well as strengthening their capacity through continuous training focused on international best practices, excellence in management and service delivery, environmental sustainability and inclusive growth. He added that this would not only contribute towards better quality of corporate governance but also build a solid foundation of businesses. ICRC, others to re-negotiate concession agreement of TBS By Godwin Oritse BHS international, the concessionaire of the Tafawa Balewa, TBS, the Bureau for Public Enterprise, BPE and the Infrastructure Concession and Regulatory Commission, ICRC yesterday commenced moves to re-negotiate the concession agreement of the square. The concession agreement of the TBS was signed ten years ago but could not be executed because the Lagos State Government went to court to stop the lease or sale of the property claiming that the facility was on the land of the state and therefore should be given the right of first refusal. Despite the intervention of various committees set up to resolve the matter, the state government has refused to settle out of court. Speaking yesterday to Vanguard during a monitoring visit to the TBS complex concession project in Lagos, Acting Director General of the ICRC By Rosemary Onuoha THE National Insurance Commission, NAICOM, has said that only five companies have so far applied for bancassurance license after the release of the revised guidelines on bancassurance partnership in the sector. This is in contrast to the previous situation where almost all insurance companies were involved in bancassurance partnerships before it was suspended by NAICOM two years ago. Deputy Commissioner, Technical of NAICOM, Mr. Sunday Thomas, who disclosed this at a seminar organised for insurance reporters in Benin last weekend said that the resolve of the regulator to sanction unethical and unprofessional bancassurance deals compelled unserious companies to abstain from applying. Thomas said, “After the suspension of all bancassurance partnerships between insurance companies and banks two years ago, we have reviewed the guideline going forward. However, only five companies have applied for the license since the guideline was reviewed. This is to tell you that it is no longer business as usual. NAICOM is constantly monitoring the sector and any unethical practice will definitely be sanctioned unlike in the past when operators just do as they please.” Speaking on the recently revised microinsurance guideline, Thomas said that all old firms selling microinsurance products have a period of 18 months to apply for fresh license. Thomas said that should any concerned insurance firms fail to acquire fresh license, those with nonlife microinsurance products should wind up their operations, within 18 months while those with life businesses should not later than 24 months transfer the life classes to dedicated microinsurance company within this period. NAICOM, in section 10(1) and (2) of the revised microinsurance guidelines said, “Existing Conventional microinsurers shall wind down their window operations for non-life classes within 18 months from the effective date of this Guideline and in not later than 24 months transfer the life classes to a dedicated microinsurance company. Engr Chidi Izuwah said that the renegotiation was not out of place as the business environment has changed over the years. Izuwah said that the cost of fund ten years ago as well as other business factors have also changed over time. He explained that the Commission decided to look into the concession agreement of the TBS because it does not want it to go the way of the failed Lagos International Trade Fair Complex concession agreements. C M Y