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8 — SATURDAY Vanguard, NOVEMBER 23, 2019<br />

Enugu State Governor, Rt. Hon. Ifeanyi Ugwuanyi (left) consoling Senator Ayogu Eze of the All Progressives<br />

Congress (2nd right) and his wife, Nkechi, during the funeral service for Senator Eze’s late father-in-law, Pastor<br />

Cyril Odoh Ugwuoke, held at Township School 1, Ogrute Enugu-Ezike, Igbo-Eze North Local Government Area,<br />

yesterday.<br />

Politics cannot come between us, Ayogu<br />

Eze tells Ugwuanyi<br />

By Ikechukwu Odu<br />

The Enugu State’s All<br />

Progressives<br />

Congress, APC, candidate<br />

for the last gubernatorial<br />

candidate in the state,<br />

Ayogu Eze, has said politics<br />

cannot come between his<br />

friendship and that of the<br />

governor of Enugu State,<br />

Ifeanyi Ugwuanyi,<br />

irrespective of their party<br />

affiliations.<br />

Eze, who confirmed that<br />

there have been “turbulent,<br />

fervent and stringent”, political<br />

tussles between them,<br />

said those things were as a<br />

result of politics and would<br />

not come in between their<br />

friendship.<br />

He spoke at Ogrute, Friday,<br />

during the interment of<br />

his father-in-law, Pastor<br />

Cyril Odo Ugwuoke, adding<br />

that no politician in the<br />

state is as humble as the<br />

governor.<br />

“Ugwuanyi’s ability to<br />

reach out and make peace<br />

at all cost is outstanding.<br />

His ability to build network<br />

is commendable. It is not<br />

surprising that since he assumed<br />

office in the state,<br />

peace and development<br />

have been witnessed in key<br />

sectors of the state’s economy<br />

and he has been able to<br />

pull our people together,” he<br />

said.<br />

Though, he said all expectations<br />

have not been<br />

met, he said he believes,<br />

Ugwuanyi, will not disappoint<br />

the people of the state.<br />

“I want to re-emphasise<br />

that he would continue to<br />

be my friend. Those who<br />

met him in Igbo-Eze North<br />

Council Area, met him in<br />

my house, so, he remains<br />

my good friend. Though,<br />

I will continue to be a member<br />

of APC, I urge all of you<br />

to continue to support him.<br />

So, if you see us together,<br />

don’t be surprised because<br />

our friendship has been<br />

reinvigorated. He is just<br />

PDP for today and I am APC<br />

for today.<br />

“I may have stepped on<br />

toes through my actions and<br />

inactions, I want everyone I<br />

have offended to forgive me<br />

so we can work towards the<br />

development of our state,”<br />

2023: Why another northerner will succeed<br />

Buhari — APC chieftain<br />

By Dirisu Yakubu<br />

A chieftain of the All<br />

Progressives Congress,<br />

APC, Chief Jackson Ojo has<br />

advised the South to forget<br />

their dream of producing the<br />

President of Nigeria in 2023,<br />

saying at the expiration of<br />

his tenure, President Muhammadu<br />

Buhari would<br />

handover to another<br />

northerner.<br />

Ojo stated this yesterday<br />

in Abuja in a chat with our<br />

correspondents. The APC<br />

chieftain while<br />

counselling the South to<br />

build a common front<br />

ahead of the next election<br />

cycle noted that South<br />

lacks the capacity to politically<br />

engage the North in<br />

a battle of supremacy.<br />

In his words, politicians<br />

of South-West extraction<br />

currently agitating to<br />

replace President Buhari<br />

in 2023 lack the visibility<br />

and national acceptance to<br />

make good their dream<br />

saying, “who is there in the<br />

South that has the national<br />

clout? There are some<br />

people in the South-West<br />

that are making noise today,<br />

wanting to be President.<br />

The truth is that they<br />

he said. The former senator<br />

equally thanked Ugwuanyi,<br />

for his support during<br />

the burial.<br />

The event was graced<br />

by Governor Ifeanyi Ugwuanyi;<br />

Senator Chuka<br />

Utazi, Pat Asadu; Simon<br />

Atigwe, among other prominent<br />

politicians in Enugu<br />

North Senatorial District.<br />

FG responsible for 80% of Nigeria’s<br />

N25.7 trn debt — DMO<br />

By Tordue Salem,<br />

Abuja<br />

THE Debt Manage<br />

ment Office (DMO)<br />

has told the House of Representatives<br />

that Nigerian’s<br />

total debt profile is<br />

now N25.7 trillion with the<br />

Federal Government’s<br />

borrowing taking about<br />

80 percent of the total debt<br />

burden.<br />

The Director-General of<br />

the Office, Ms Patience<br />

Oniha, while addressing<br />

the House Committee on<br />

Public Account on yesterday<br />

in Abuja, stated: “As<br />

at June 2019, our debt<br />

profile is at N25.7 trillion;<br />

this includes the Federal,<br />

states governments and<br />

the Federal Capital Territory<br />

(FCT).<br />

“We call it the total public<br />

debt, out of this total,<br />

the Federal Government<br />

is responsible for 80 per<br />

cent of the debt,” she said.<br />

Oniha said that external<br />

borrowing accounts for<br />

about 32 per cent of the total<br />

debt while the 68 per<br />

cent is domestic.<br />

She explained that the<br />

DMO is agency of government<br />

which began operations<br />

in 2000 following the<br />

country debt management<br />

problems of the country<br />

which lead to the debt relief.<br />

Oniha said that the<br />

agency is responsible for<br />

the management of public<br />

debts and its mandate includes<br />

contracting debts on<br />

behalf of the Federal Government.<br />

According to the directorgeneral,<br />

this is clear under<br />

the Fiscal Responsibility<br />

Act and provisions in the<br />

DMO Act.<br />

“If you look back several<br />

years, over 85 per cent of<br />

budget deficits are funded<br />

by borrowing which the<br />

DMO undertakes as approved<br />

by the Federal Executive<br />

Council and the<br />

National Assembly.<br />

“We borrow from various<br />

sources, the multi laterals,<br />

the World Bank, Islamic<br />

Development Bank, the<br />

African Development<br />

Bank, China Exim and we<br />

also issue products in the<br />

International market.<br />

“Locally, we are also<br />

very active in domestic<br />

borrowing, we issue treasury<br />

bills, Federal Government<br />

treasure bonds, “<br />

she said.<br />

Oniha said that DMO<br />

also serves as an advisory<br />

body for the Federal Government<br />

on debt management<br />

and to put debt at 25<br />

per cent ratio to the GDP.<br />

She explained that the<br />

agency do not receive any<br />

amount borrowed saying<br />

that it is paid directly to<br />

the Central Bank of Nigeria<br />

(CBN) who ensures<br />

that the money is used for<br />

what is borrowed for.<br />

The Chairman of the<br />

committee, Rep. Wole Oke<br />

(PDP-Osun) said that it<br />

was important for parliament<br />

to have all the relevant<br />

information documented.<br />

cannot be President. That<br />

is it! Mark my word! APC<br />

Presidential candidate in<br />

2023 will emerge from the<br />

north. The South-West will<br />

be given the Vice Presidential<br />

slot. And if the PDP<br />

takes its candidate from the<br />

South, then they have<br />

given the opportunity to<br />

the APC to win again. The<br />

south does not have the<br />

political capacity to fight<br />

the North.”<br />

Convocation: University of<br />

Benin confers LLD honours on<br />

Chief Ahonaruogho<br />

THE University of Benin will today confer the<br />

Doctor of Law (LLD) (Honoris Causa) on a legal<br />

practitioner, Chief Richard Oma Ahonaruogho<br />

who is an alumnus of the university and a past president<br />

of the University of Benin Alumni Association<br />

(Worldwide) as part of this year’s convocation ceremony.<br />

An associate of the honoree, Chief Kunle Uthman,<br />

in a tribute described Chief Ahonaruogho “as a man<br />

of several parts, who at various times in his adult<br />

life has made indelible marks and impacts in the<br />

lives of several persons in different facets of life”.<br />

According to him, “in the last two decades, in the<br />

Faculty of Law of the University of Benin, the honoree<br />

has awarded scholarships to several deserving<br />

students and provided laptop computers to<br />

graduating students attending the Nigerian Law<br />

School.<br />

“As part of his non selective acts of philanthropy,<br />

he had also sponsored students in the Theatre Arts<br />

and other departments. In addition, he single handedly<br />

coordinated the building and equipment of a<br />

Facility of Law Library for the university. He has<br />

also made several other contributions to the university<br />

community as a whole in terms of material<br />

and infrastructural development”<br />

“The staff and management of the University of<br />

Benin see in Chief Richard Oma Ahonaruogho a<br />

worthy ambassador of the university, who has maintained<br />

close contact and liaison with the institution<br />

and had on several occasions and instances<br />

used his vast contacts and networks of friends, business<br />

and political associates to assist in solving numerous<br />

problems and challenges when they arose”.<br />

Chief Ahonaruogho’s wife, Chief Mojisola Abiola<br />

said, “Richard is a responsible husband, he is a<br />

family man to the core. He is caring, loving, kind<br />

and very dependable. He is ever ready to provide<br />

solutions to any challenges that may arise”.<br />

Elumelu, 2 other Africans in<br />

omnibus edition of African Voices<br />

ONE of Nigeria’s best known bankers, Anthony<br />

Elumelu, is featured in an omnibus edition of<br />

the television magazine, CNN African Voices, airing<br />

this weekend. Two Kenyans will also be celebrated in<br />

this edition.CNN International introduced the compilation<br />

show when the television station started a<br />

new series of the flagship programme with a new<br />

tagline, Changemakers.<br />

The Kenyans featured in the edition are Elizabeth<br />

Njoroge, founder of the Art of Music Foundation who<br />

deploys the transformative power of classical music<br />

to provoke positive change in the lives of young Kenyans<br />

and Peter Tabichi, 37-year-old winner of the 2019<br />

Global Teacher Prize.<br />

The programme will delve into how Elumelu, now 56,<br />

started his career in banking; how his courage and confidence<br />

earned him his first job as a salesman at the<br />

defunct All States Trust Bank after getting his Master’s<br />

degree in Economics from the University of Lagos.<br />

The programme tells the story of how he rose through<br />

the ranks and eventually became the chairman of<br />

United Bank for Africa, Heirs Holdings and<br />

Transcorp and how he founded The Tony Elumelu<br />

Foundation in 2010 as a major philanthropy in Africa<br />

championing the cause of entrepreneurship and sponsoring<br />

outstanding entrepreneurs across the continent.<br />

Njoroge, a graduate of Strathclyde University, UK,<br />

returned to her country home where she founded the<br />

Art of Music Foundation. She had earlier bagged a<br />

degree in Pharmacy in 1994, and before that, a Bachelor<br />

of Science degree in Biochemistry in 1989 from<br />

the McMaster University in Canada upon the completion<br />

of her Pharmacy degree in 1997.

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