01122020 - Why Nigeria's at mercy of terrorists — LAI MOHAMMED
Vanguard Newspaper 01 December 2020
Vanguard Newspaper 01 December 2020
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Vanguard, TUESDAY, DECEMBER 1, 2020 <strong>—</strong> 11<br />
:Vanguard :@vanguardnews :@vanguardnewsNEWS HOTLINES:<br />
PEACE VISIT<strong>—</strong>From Left: Pr<strong>of</strong>. Olu Aina, a stakeholder; Deputy Governor <strong>of</strong> Osun, Benedict<br />
Alabi; Governor Gboyega Oyetola <strong>of</strong> Osun St<strong>at</strong>e; Governor Seyi Makinde <strong>of</strong> Oyo, and the<br />
st<strong>at</strong>e's Commissioner for Establishment and Training, Pr<strong>of</strong>. Daud Shagodoyin, during a<br />
visit by Governor Makinde to Governor Oyetola, on the peaceful resolution <strong>of</strong> ownership<br />
<strong>of</strong> Ladoke Akintola University <strong>of</strong> Technology, Ogbomosho, in Osogbo, yesterday.<br />
Alleged N2.1bn fraud: EFCC re-arraigns<br />
First N<strong>at</strong>ion airline MD<br />
By Onozure Dania<br />
LAGOS<strong>—</strong>THE Economic and<br />
Financial<br />
Crimes<br />
Commission, EFCC, yesterday, rearraigned<br />
the Managing Director <strong>of</strong> First<br />
N<strong>at</strong>ion Airways Limited, Kayode<br />
Odukoya, over alleged N2.1 billion fraud.<br />
Mr. Odukoya is standing trial before<br />
an Ikeja Special Offences Court on a<br />
seven-count charge slammed against<br />
him by the anti-graft agency.<br />
The EFCC had, on March 15, 2018,<br />
arraigned the defendant before the same<br />
court for allegedly fraudulently obtaining<br />
a credit facility worth N2.1 billion from<br />
By Dapo Akinrefon<br />
LAGOS<strong>—</strong>THE Southern and<br />
Middle Belt Leaders Forum,<br />
SMBLF, yesterday, faulted an<br />
alleg<strong>at</strong>ion th<strong>at</strong> former military<br />
head <strong>of</strong> St<strong>at</strong>e, Gen. Yakubu<br />
Gowon (retd), looted half <strong>of</strong> the<br />
Central Bank <strong>of</strong> Nigeria, CBN,<br />
during his tenure as Head <strong>of</strong><br />
St<strong>at</strong>e, noting th<strong>at</strong> if he (Gowon)<br />
had half <strong>of</strong> the CBN in a foreign<br />
bank, “going to school would<br />
probably not have been his preoccup<strong>at</strong>ion.”<br />
Gowon was accused <strong>of</strong> looting<br />
half <strong>of</strong> the CBN by a United<br />
Kingdom member <strong>of</strong> Parliament,<br />
Tom Tugendh<strong>at</strong>, last week<br />
Monday, during a hearing <strong>of</strong> a<br />
petition against the Nigerian<br />
government <strong>at</strong> a committee<br />
meeting <strong>of</strong> the parliament.<br />
But in a st<strong>at</strong>ement titled: ‘On<br />
Pet Electrical, India’s Electrophile seal deal for<br />
Nigeria’s market<br />
By Onozure Dania<br />
LAGOS<strong>—</strong>A Nigerian firm, Pet<br />
Electrical and Mechanical<br />
Limited, has entered into a<br />
partnership with Electrophile<br />
India Priv<strong>at</strong>e Limited for the<br />
manufacture and assembly <strong>of</strong><br />
electrical equipment in Nigeria.<br />
The products, including<br />
distribution boards, modular<br />
boxes, and changeover switches,<br />
would be manufactured or<br />
assembled <strong>at</strong> Pet Electrical and<br />
Mechanical’s facility <strong>at</strong> Asaba,<br />
Delta St<strong>at</strong>e.<br />
Petferns Group spokesperson,<br />
Peace Eberechukwu, and<br />
Electrophile’s represent<strong>at</strong>ives,<br />
the defunct Skye Bank, now Polaris<br />
Bank.<br />
The defendant, also the Managing<br />
Director <strong>of</strong> Bellview Airline, was<br />
arraigned then on a four-count charge<br />
<strong>of</strong> forgery, use <strong>of</strong> a false document, perjury<br />
and stealing <strong>of</strong> N1.7 billion.<br />
He, however, pleaded not guilty and<br />
was granted bail.<br />
On Monday, the anti-graft agency rearraigned<br />
the defendant on a sevencount<br />
charge bordering on forgery, use<br />
<strong>of</strong> a false document, perjury, stealing and<br />
obtaining credit by fraud.<br />
He still pleaded not guilty.<br />
Following his not guilty plea, EFCC ‘s<br />
counsel, Nnaemeka Omewa, told the<br />
court th<strong>at</strong> the EFCC had already called<br />
five witnesses to prove its case.<br />
He said th<strong>at</strong> the prosecution would be<br />
closing its case against the former First<br />
N<strong>at</strong>ion boss.<br />
However, the defence counsel, Edoka<br />
Onyeke, said th<strong>at</strong> due to the fresh<br />
charges, the defence would like to recall<br />
three prosecution witnesses for crossexamin<strong>at</strong>ion.<br />
He appealed to the court to allow his<br />
client to continue to enjoy the bail<br />
granted him on his first arraignment.<br />
The judge, Mojisola Dada, granted Mr.<br />
Onyeke’s request and adjourned the<br />
case until February 15 for Mr. Odukoya<br />
to begin his defence.<br />
Looting <strong>of</strong> CBN: We can vouch for Gowon<br />
<strong>—</strong>Clark, Adebanjo, Nwodo, Bitrus<br />
Looting Alleg<strong>at</strong>ion Against<br />
General Gowon’, the forum<br />
Chairman, Chief E. K. Clark,<br />
South-South; Chief Ayo<br />
Adebanjo, South West; Chief John<br />
Nwodo, South East, and Dr. Pogu Bitrus,<br />
Middle Belt, debunked the accus<strong>at</strong>ion.<br />
The st<strong>at</strong>ement read: "The <strong>at</strong>tention <strong>of</strong><br />
Southern and Middle Belt Leaders Forum<br />
has been drawn to the fl<strong>at</strong> rebuttal by<br />
General Yakubu Gowon, <strong>of</strong> the alleg<strong>at</strong>ion<br />
th<strong>at</strong> he looted half <strong>of</strong> the Central Bank<br />
as the military Head <strong>of</strong> St<strong>at</strong>e in Nigeria.<br />
The former Head <strong>of</strong> St<strong>at</strong>e, who ruled<br />
the country from 1966 to 1975, in his<br />
reaction to the alleg<strong>at</strong>ions, st<strong>at</strong>ed he was<br />
disappointed and sad but he knows he’s<br />
innocent <strong>of</strong> the claims.<br />
"With the notoriety <strong>of</strong> Nigerian rulers<br />
to help themselves with the public fund,<br />
we ordinarily would not have been<br />
bothered with such accus<strong>at</strong>ion.<br />
"We recall th<strong>at</strong> General Gowon was<br />
overthrown, while <strong>at</strong> the OAU conference<br />
Krishna Iyer and Vinay Gaur,<br />
made the disclosure, during a<br />
meeting with journalists in<br />
Lagos.<br />
Eberechukwu said the deal is<br />
separ<strong>at</strong>e from Petferns Group’s N2<br />
billion industrial project expected<br />
to commence oper<strong>at</strong>ions soon in<br />
Bayelsa.<br />
She st<strong>at</strong>ed th<strong>at</strong> the Electrophile<br />
deal will involve the transfer <strong>of</strong><br />
technology to Nigerian<br />
engineers.<br />
Iyer, who spoke for Electrophile,<br />
said: “All <strong>of</strong> the products will have<br />
SONCAP certific<strong>at</strong>ion. There will<br />
be SONCAP certific<strong>at</strong>ion for every<br />
shipment. We are in the process<br />
<strong>of</strong> getting the product certified by<br />
the Standards Organis<strong>at</strong>ion <strong>of</strong><br />
Nigeria, SON. The equipment<br />
in Kampala in 1975, from where he moved<br />
to London, where he became a student<br />
for years. How he could have moved such<br />
money when on the run is difficult to<br />
comprehend.<br />
"If he had half <strong>of</strong> the CBN in a foreign<br />
bank, going to school would probably not<br />
have been his preoccup<strong>at</strong>ion.<br />
“While we stand for holding leaders<br />
accountable for their stewardship, we will<br />
not support maligning people without<br />
facts.<br />
“We stand for integrity in public life<br />
and will not shield corruption but we are<br />
not aware <strong>of</strong> any such accus<strong>at</strong>ion<br />
against Gen Gowon since he was<br />
overthrown 45 years ago.<br />
"We, therefore, call on the British<br />
lawmaker, who was born a year after the<br />
coup <strong>of</strong> 1975 in Nigeria, to check the<br />
facts again and do the needful if he was<br />
wrong or back up the alleg<strong>at</strong>ion if he has<br />
any evidence to retain his credibility and<br />
the institutional integrity <strong>of</strong> the British<br />
Parliament."<br />
are ready. They will arrive after<br />
Christmas, the first week <strong>of</strong><br />
January 2012.”<br />
He explained th<strong>at</strong> the<br />
components th<strong>at</strong> are for<br />
assemblage in Asaba have<br />
already been produced in<br />
Faridabad, near Delhi and will be<br />
shipped to Nigeria after obtaining<br />
SONCAP certific<strong>at</strong>ion.<br />
“Th<strong>at</strong> is the second stage. We’ll<br />
bring in the products in complete<br />
knockdown condition. Then<br />
they’ll be assembled here. Every<br />
assembly will get a SONCAP<br />
certific<strong>at</strong>e in India before we ship<br />
to Nigeria.<br />
“The prices will be competitive<br />
because unless we are<br />
competitive we cannot sell in the<br />
market.”<br />
Alarm blow...'Asiri tu'! Welcome to<br />
the digital age!<br />
Do me I do you, God no go vex!<br />
Maybe he sees you as an<br />
artwork to be admired!