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  • 2023: Tinubu’s ‘prayer’ a divine act of God —PDP reacts to campaign flag-off gaffe

    2023: Tinubu’s ‘prayer’ a divine act of God —PDP reacts to campaign flag-off gaffe

    The Peoples Democratic Party (PDP) has described as prophetic the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu’s prayer for its blessing from God.

    Tinubu had during the flag-off of the APC presidential campaign in Jos, Plateau State on Tuesday, said, “God bless PDP.”

    The PDP National Publicity Secretary, Debo Ologunagba, who reacted to the development in a statement, said the former Lagos State governor’s prayer was not a mistake but rather a heavenly declaration that the PDP was the only source of hope for Nigeria.

    The statement read: “It is instructive to note that the APC presidential candidate had earlier in his address, admitted that Nigerians were ‘in distress’ under his failed APC but that hope is on the way.

    “Since Asiwaju Tinubu’s prophetic blessing on the PDP, our party has been receiving flurries of calls, solidarity messages, and visits from key members of the APC, who believe that his prayer is a divine act of God to point the nation to the right direction.

    “It is apparent that Asiwaju Tinubu was speaking under the ostensible weight of the recent revelation of his indictment for narcotic trafficking which has become a huge burden from which he cannot extricate himself and for which he has lost all moral and legitimate capacity to occupy the office of the President of the Federal Republic of Nigeria.

    “This perhaps explains why Asiwaju Tinubu was incoherent and had no concrete message to Nigerians at the flag-off of his campaign.

    “It was pathetic as Nigerians watched with pity as the APC presidential candidate who is dazed by the intimidating credentials and popularity of the PDP presidential candidate, Atiku Abubakar, could not articulate any solution to the myriad of problems brought upon our nation by the failed APC which he boasted of having installed and superintends over as national leader.

    “Asiwaju Tinubu could not proffer any solution or idea to the challenges of insecurity, disunity, unabated killings, rising unemployment, tumbling Naira, collapsing economy with unprecedented debts of over N40 trillion arising from somersaulting macro-economic policies of his failed and corrupt APC government.”

    (Ripples)

  • APC CAMPAIGN FLAG-OFF: Tinubu promises to ensure Nigeria doesn’t sink under his watch

    APC CAMPAIGN FLAG-OFF: Tinubu promises to ensure Nigeria doesn’t sink under his watch

    Our correspondents report that the stadium was filled to capacity as bigwigs of the party and their supporters trooped to the venue.

    The Senate President, Ahmad Lawan, Speaker of the House Representatives, Femi Gbajabiamila, serving governors including AbdulRahman AbdulRazaq (Kwara), Abdullahi Ganduje (Kano), Nasir El-Rufai (Kaduna), Abubakar Sani-Bello (Niger), Yahaya Bello (Kogi), Abubakar Badaru (Jigawa), Prof. Ben Ayade (Cross River), Atiku Bagudu (Kebbi) and Abdullahi Sule (Nasarawa) attended the rally.

    Other governors who attended the rally were; Babagana Zulum (Borno), Mai Mala Buni (Yobe), Inuwa Yahaya (Gombe), Hope Uzodinma (Imo), Babajide Sanwo-Olu (Lagos), Aminu Bello Masari (Katsina), Dapo Abiodun (Ogun)and Bello Matawalle (Zamfara).

    Former governors including Rotimi Amaechi, who came second during the presidential primary of the APC, Mohammed Abubakar (Bauchi), Kayode Fayemi (Ekiti) and Ali Modu Sheriff (Borno) were in attendance.

    Hope is back – Tinubu 

    Tinubu praised Nigerians for believing in the APC to lead the country to progress after years of backwardness under the PDP administration saying, “Hope is back.”

    According to him, “One can see greater prosperity and jobs in an economy humming with activity. From the farmer in the rural area to the city boy in a bustling urban centre, each will have productive work to do and a decent home to return to.

    “One can see a Nigeria where all who want to will be able to build a decent life from the fruits of their individual and collective endeavour.

    “From this fine vantage point, we see how far we have come. We also see how far we must go and the road that will take us there,” he said.

    According to him, he would continue on the foundation laid by Buhari by improving security, infrastructures, oil exploration in the North East and opening Lake Chad for agriculture and economic opportunities.

    “Mr President, you have provided exceptional service to the nation and party. Your contributions are both positive and enduring. When the history of this period is objectively written, it will smile upon you and treat you with utmost kindness,” he said.

    If elected president, he said his administration will chart the course of progress started by the Buhari administration.

    “We hereby reaffirm our commitment to progressive good governance and to the fruits that such governance can bring to this nation.

    “February 2023 is more than an election. It is a fight to define the soul of the nation and to determine our collective fate. Do we adhere to the ideals of broadly shared prosperity, competence, peace, justice and compassion toward all? Or do we toss these ideals away, lashing ourselves to the divisive politics of the past or to those whose ranting show they cannot distinguish between fact and fantasy?” he asked.

    Tongue-lashing the PDP and Labour Party, Tinubu said, “One party wants to take us back to a past that never should have been. Another party wants to take us to a past that resides only in its candidate’s head. Neither the old road nor the fantasy road is good enough.

    “We, the APC and the Tinubu/Shettima team seek to make permanent a covenant of progressive good governance with the people,” he said.

    Nigeria needs Tinubu – Buhari

    President Buhari, while handing the APC flag to the former Lagos State governor, said the country needed a man like Tinubu.

    He urged the party faithful to campaign on issues and the abilities of the candidate and his running mate, Senator Kashim Shettima.

    The president reiterated his earlier assurances that he will be at the forefront of this campaign because of his belief in the party.

    President Buhari, who said it is only the APC that can steer Nigeria to fulfil its historic purpose, added that by working together with the leadership of the party, the campaign council and its teeming supporters, the goal would be achieved.

    The Director General of the APC Presidential Campaign Council and Governor of Plateau State, Simon Bako Lalong, in his remarks, assured the party supporters that APC would emerge victorious.

    On his part, National Chairman of the APC, Senator Abdullahi Adamu, urged Nigerians to vote for Tinubu/Shettima, saying the performance of the duo in Lagos and Borno states was excellent.

    Why Northerners should vote Tinubu – El-Rufai

    Governor of Kaduna State, Malam Nasir El-Rufai, urged northerners to shun the mischief of the PDP that Tinubu should not be voted because he is not a northerner.

    “The PDP in their campaigns are telling northerners that Tinubu is not a northerner and as such he should not be voted. I, therefore, call on the northerners not to be deceived by such a campaign.

    “When Buhari contested in 2015 and 2019, Tinubu and Yoruba in the southern part of the country, voted for him and he won. For that, there is no reason why the northerners should not vote for Tinubu.”

    (Daily Trust)

  • Arise TV fined 2m over fake news on APC Presidential candidate, Tinubu

    Arise TV fined 2m over fake news on APC Presidential candidate, Tinubu

    The National Broadcasting Commission (NBC) has sanctioned Arise TV for airing fake reports about the presidential candidate of the All Progressives Congress (APC) Senator Ahmed Bola Tinubu.

    The television station was fined N2m for breaching the broadcasting code.

    Recall that Arise TV apologised on Sunday after reporting the Independent National Electoral Commission (INEC) was investigating Tinubu over alleged criminal forfeiture of money on offenses bordering on narcotics and illicit drugs.

    INEC at the weekend denied the statement on which Arise TV based its report.

    The development forced the station to retract the statement and apologised to Tinubu.

    (Vanguard)

  • Media owners, journalists, stakeholders agree on 41-point code of ethics, co-regulation, Ombudsman

    Media owners, journalists, stakeholders agree on 41-point code of ethics, co-regulation, Ombudsman

    Critical stakeholders in the media industry, yesterday, agreed on a 41-point code of ethics for Nigerian journalists. They also adopted co-regulation instead of a self-regulation mechanism.

    Both measures are part of “an attempt to jumpstart a fresh attempt to put in place rules to guide professional conduct and a regulatory council to support the efforts to hold journalists accountable to their publics and deepen public trust in their work.”

    Stakeholders, who took the decisions, yesterday, at a Rountable on “Deepening Media Professionalism Through Co-Regulation,” in Lagos included the Newspapers Proprietors Association of Nigeria, NPAN; Nigerian Guild of Editors, NGE; Nigerian Union of Journalists, NUJ; Broadcasting Organisation of Nigeria, BON; Guild of Corporate Online Publishers, GOCOP; and Independent Broadcasters Association of Nigeria, IBAN.

    They were backed by veterans of the media industry such as Chairman/Publisher of Vanguard Newspapers, Mr Sam Amuka; former Ogun State Governor, Chief Olusegun Osoba; Mr Ray Ekpu; Mr. Lade Bonuola; Dr Tonnie Iredia (via Zoom); Publisher of ThisDay Newspapers, Prince Nduka Obaigbena; Publisher of The Guardian Newspapers, Mrs. Maiden Ibru; and Chairman of Daiily Trust Newspapers/President of NPAN and Nigeria Press Organisation, NPO, Malam Kabiru Yusuf.

    The event was a gathering of who is who in the media industry, in what Chief Osoba described as the best ever gathering of media gurus he has ever seen since he joined the profession in 1964.

    Also at the event were General Manager and Editor-in-Chief of Vanguard Newspapers, Mr. Gbenga Adefaye; NGE President, Mr Mustapha Isah; NUJ President, Mr. Chris Isiguzo; Editor of Vanguard Newspapers, Mr. Eze Anaba; Mr. Richard Akinola, Mr. Lanre Arogundade, Mr. Lanre Idowu, Mrs Kadaria Ahmed, Mr. Feyi Smith, and Mr. Martins Oloja among others.

    Specifically, the co-regulatory mechanism adopted will consist of members of the media, civil society and the public sector.

    If fully implemented, the co-regulatory framework will stave off strangulating government regulation and render the Nigerian Press Council, NPC, redundant, a development that made the Minister of Information and Culture, Alhaji Lai Mohammed, who was represented by Mr Francis Nwosu, NPC Executive Secretary, to plead with the media stakeholders not to kill the NPC.

    Code of conduct, ethics

    The stakeholders noted that: “The Nigerian media has a rich track record of rooting for public welfare and protecting the underdog. That tradition holds that the practice of Journalism should be socially responsive and responsible through the pursuit of a true, fair, decent, and credible account of issues in the public interest.

    “Consequently, we freely and willing subscribe to the following ethical principles as germane to the free, fair, and professional practice of journalism in Nigeria, and hold that it is the duty of every journalist to observe its provisions.”

    The provisions cover editorial independence, accuracy and fairness, access to information, privacy of individuals, bribery and corruption, public interest, protection of sources of information, plagiarism, decency, protection of children and minors, discrimination, hate speech, violence and conflict sensitivity, gender sensitivity, social responsibility, and bill of rights to cater for security and welfare of journalists.

    The ethics include allowing professional journalists to decide editorial content, and journalists must ensure that the public receive reliable, factual, accurate, balanced and fair reporting. Also, a journalist should not solicit or accept bribe, gratification, or patronage to distort, suppress, or publish information; and a journalist should refrain from using offensive, abusive, or vulgar language, as well as presenting lurid details, in words, sound, or images, of violence, sexual acts, abhorrent, or horrid scenes among others.

    The 2022 code of ethics ratified, yesterday, will replace the 1998 Code of ethics for Nigerian journalists.

    Media co-regulation, Ombudsman

    To end what was dubbed as the government’s strangulating regulation worsened by the infamous Press Council Amendment Bill (2019, which surfaced a public hearing of the Legislature on June 17, 2021, the stakeholders adopted a co-regulation, which will incorporate the public in place of self-regulation. This is expected to reduce distrust and deepen public confidence.

    According to them, one of the angst of the media against the Nigerian Press Council is the fact that a majority of its members are either appointed by the minister or the president, a situation that does not conduce for trust among media professionals.

    Thus, the media gurus adopted a two-tier system of Ombudsman mechanism: Local or Zonal Ombudsman; and Industry-wide Ombudsman.

    The organs of the Industry-wide Ombudsman are Appointment panel; Board, Complaints Committee; Independent Reviewer; and Executive Director.

    Essentially, the Ombudsman will handle complaints.

    A person may complain about any article in a newspaper or magazine published in Nigeria or broadcast on a terrestrial platform or radio and television as well as well as online (on the internet) he or she believes directly affects or involves him or her unfairly. A person may also complain about the conduct of a journalist if he or she believes that the conduct directly or involves him or her unfairly.

    Sanctions against erring newspaper, publisher, journalist

    After investigation and due actions on a complaint, “if the Ombudsman upholds the complaint, the publication concerned will be obliged to publish the decision in full, and with reasonable prominence, within seven days of the ruling being delivered to it. All NPAN members shall be obliged to publish an abstract of the ruling produced by the Ombudsman after seven days but not later than 21 days of the delivery of the ruling to the publication.

    “Where the Ombudsman determines that a particular ruling affects the fundamental rights of the parties involved or is of importance to journalism practice and/or the publishing industry, then the ruling shall be published by the publication involved and by all members of NPAN. This provision is necessary to ensure that only very important cases are published.”

    Don’t kill NPC

    Pleading for the survival of the NPC, Mr Francis Nwosu, said efforts are being made to ensure that past issues that brought the NPC and the media industry at loggerhead do not happen.

    Rather than killing the NPC, he said “we need to build strong institutions including the press”. According to him the NPC has 19 members including four each from the NGE and NUJ and two from NPAN are nominated by their various organisations and not appointed by the government or minister.

    ‘’It is good we strengthen the media industry. The NPC is not to gag the press. We have been doing good interventions to save the polity. We should not throw the baby away with the bath water. In whatever we do, let’s give the press council a chance.’’

    (Vanguard)

  • Court of Appeal sacks Akpabio as APC senatorial candidate

    Court of Appeal sacks Akpabio as APC senatorial candidate

    The Abuja division of the Court of Appeal has set aside the judgment of Federal High Court Abuja, removing Godswill Akpabio as the All Progressives Congress (APC) candidate for Akwa Ibom North West Senatorial District.

    A three-member panel of justices read by Justice Danlami Senchi on Monday held that Akpabio failed to file a proof of arguments within the time provided by the rules.

    The panel further ruled that Akpabio, being a presidential aspirant of the APC, could not participate in the valid primary of the party held on May 27 and monitored by the Independent National Electoral Commission (INEC), which produced Udom Ekpoudom as a candidate.

    A Federal High Court in Abuja had on September 22 asked INEC to reinstate Senator Akpabio as APC’s candidate, being the candidate nominated by the party in the second primary of June 9.

    The lower court had directed that INEC accepts the former Minister of Niger Delta as the APC flagbearer.

    The court also ordered that INEC publish Akpabio’s name as APC senatorial candidate for Akwa Ibom North/West senatorial district in 2023, stating that the Commission acted illegally by refusing to accept and publish the former governor’s name when it was submitted to it by the APC as its candidate.

    Justice Emeka Nwite who delivered judgment held that Akpabio was validly nominated as the Akwa – Ibom North/West Senatorial District candidate of the APC from the primary conducted by the party’s National Working Committee (NWC) on June 9, 2022.

    The trial Judge faulted INEC for electing to monitor the May 27 primary, conducted by an illegal faction of the party led by Augustine Ekanem as against the June 9 primary authorized conducted by the APC NWC.

    (Vanguard)

  • Terrorism: DHQ declares Bello Turji, Ado Aliero 17 others wanted, places N5m bounty on each

    Terrorism: DHQ declares Bello Turji, Ado Aliero 17 others wanted, places N5m bounty on each

    The details of the 19 terrorists are contained in a poster released by the Director, Defence Information, Maj.-Gen. Jimmy Akpor, yesterday, in Abuja.

    The information on the poster revealed that the N5 million cash reward is for anyone who could provide information that could lead to the arrest of one of the wanted terrorists.

    Akpor said the wanted persons are notorious bandits/terrorists that have been terrorising Katsina, Sokoto and Zamfara States.

    He gave their names as follows: Sani Dangote who hails from Dumbarum Village in Zurmi Local Government Area (LGA) of Zamfara State; Bello Turji Gudda from Fakai in Zamfara; Leko from Mozoj Village in Mutazu LGA of Katsina State; Dogo Nahali, from Yar Tsamiyar Village in Kankara LGA of Katsina State; Halilu Sububu from Sububu Village in Maradun LGA of Zamfara;Nagona from Angwan Galadima in Isa LGA of Sokoto State; Nasanda from Kwashabawa Village in Zurmi LGA of Zamara State; Isiya Kwashen Garwa from Kamfanin Daudawa Village of Faskari in Katsina State and Ali Kachalla, aka Ali Kawaje, from Kuyambara Village in Dansadau Maru of Zamfara.

    Others are Abu Radde from Varanda Village in Batsari LGA of Katsina State; Dan-Da from Varanda Village in Batsari LGA of Katsina; Sani Gurgu also from Varanda Village in Batsari LGA of Katsina; Umaru Dan Nigeria from RAFI Village in Mada District of Gusau; Alhaji Ado Aliero from Yankuzo Village in Tsafe LGA of Zamfara; Monore from Yantumaki Village in Dan LGA, Katsina State; Gwaska Dankarami from Shamushele Village in Zuri LGA of Zamfara

    Baleri from Shinkafi LGA of Zamfara; Mamudu Tainange from Varanda Village in Batsari LGA of Katsina State and Nagala from Maru LGA of Zamfara.

    (Sun)

  • Reps move to avert flooding, propose N200bn for ecological projects

    Reps move to avert flooding, propose N200bn for ecological projects

    House of Representatives, yesterday, mandated its Committee on Appropriations to make provisions for N200 billion in the 2023 budget before the National Assembly for the Ecological Project Office in the Presidency for flood preparedness, mitigation, response, recovery and relief packages.

    It also urged the Federal Government to immediately release N5 billion into the already created Special Ecological Fund Account of each of the 36 states and the FCT to mitigate the effect of the recent flooding across the country.

    The Green chamber also enjoined the Executive arm of government to submit a supplementary budget of N100 billion or more, immediately, for Ecological Project Office (EPO), in the Presidency as intervention fund for mitigation, recovery and relief programmes across the country.

    This followed the adoption of a motion of urgent national importance by Henry Nwawuba and Ibrahim Isiaka on the need for strategic planning to prevent the reoccurrence of flood and erosion disasters in Nigeria in 2023 and beyond.

    Nwawuba, in the lead debate, informed the House that 33 out of the 36 states and the FCT were recently ravaged by flood, in which over 600 people died. He added that over 1.4 million people were displaced while over 2.5 million people are in need of humanitarian assistance with over 60 per cent them being children.

    “Most of the affected states are agrarian economies which raises concern about impending food crisis, with 110,000 hectares of farmlands completely damaged, Olam Rice Farm submerged worth over $15m, 10 hectares of rice farm submerged in Kogi State. Transportation of food and other essential products such as petroleum products affected by the damaged roads and bridges and food inflation which is already of record high (23.3%) as at early November will increase further.

    “Currently, a bag of 50Kg rice cost about N48, 000, up by 48.8%, while a bag of maize used for animal feed is about N29,000, up by 93%.”

    He recalled that in 2012, 32 out of 36 states were affected by flooding with 363 people killed, over 2.1 million displaced, about seven million people affected and a total loss estimate of N2.6 trillion recorded.

    The lawmaker expressed concerns that the country seemed to be unprepared for climate change with a ranking of 162 out of 180 countries in the environment performance index. According to him, the implication is that the country could experience food, humanitarian and health crises and revenue shortfall in 2023.

    Meanwhile, the House has resolved to convene a summit on tertiary education as part of efforts to proffer solution to the myriads of problems bedeviling the nation’s institutions of higher learning.

    (Sun)

  • Court adjourns Kanu’s trial indefinitely

    Court adjourns Kanu’s trial indefinitely

    The Abuja division of the Federal High Court has pronounced an indefinite adjournment in the trial of the detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu.

    The adjournment made by Justice Binta Nyako is to await the decision of the Supreme Court on appeals that were lodged by both the Federal Government and Kanu’s defence team.

    Whereas FG is challenging the Court of Appeal judgement that quashed the 15-count terrorism charge it entered against Kanu, on the other hand, the defendant, approached the apex court to query the legality of the appellate court’s decision to stay the execution of the order for his release from detention.

    The Director of Public Prosecution, Mr. M.B. Abubakar, who appeared for the government, did not oppose application by Kanu’s lead counsel, Chief Mike Ozekhome, SAN, for the case to be adjourned to await Supreme Court’s decision.

    Ozekhome however noted that his client was yet to be served with a copy of the fresh charge FG filed against him, saying his team only heard about it from the social media.

    (Sun)

  • Reps committee summons 63 Institutions over N2trn Illegal Budget Implementation

    Reps committee summons 63 Institutions over N2trn Illegal Budget Implementation

    The House of Representatives Committee on Public Accounts has summoned 63 institutions of the federal government for implementing illegal budgets, leading to expenditure of over N2 trillion without statutory approval.

    Chairman of the committee, Oluwole Oke, also wrote a letter to Director General, Budget Office of the Federation, Ben Akabueze, to demand evidence of appropriation by the National Assembly, as well as the expenditure made by the departments, agencies, institutes, corporations and parastatals.In the letter dated November 8, 2022, with Reference Number: HR/PAC/SCO5/9NASS/QUE.60/97, which was received at the budget office on November 10, 2022, the committee noted that the query was based on the alarm raised by President Muhammadu Buhari during his 2023 budget presentation to the National Assembly on October 7.

    The letter was titled: “Re-Request for Information/Documents with Respect to Allegations of Illegal Approvals of Budgets and Extra-Constitutional Expenditure by Some Government Owned Enterprises and Non-Treasury Funded Agencies.”

    It partly read, “In pursuance of the power conferred on the National Assembly by Sections 88 and 89 of the Constitution of the Federal Republic of Nigeria 1999 (as altered) (Constitution), Standing Rules of the House of Representatives, and based on Section 2 of the Legislative Houses (Powers and Privileges) Act 2017, the Public Accounts Committee is conducting investigation into the allegation made by President Muhammadu Buhari during the presentation of the 2023 Appropriation Bill before a joint session of the National Assembly.

    “Mr President alleged that some government-owned enterprises have been submitting their budget and getting it passed through some committees of the National Assembly outside of the process prescribed in Section 81(1) of the Constitution.

    “In view of the above and in line with Sections 88 and 89 of the Constitution, I hereby request that Budget Office of the Federation furnish the committee with the approved Internally Generated Revenue (IGR) budget of the following parastatals for the period 2015-2022.“Please, kindly submit a soft copy and 15 hard copies of the above documents/information to Suite 4.23 House of Representatives Building, National Assembly, on or before the close of work on Friday 16th November, 2022.”

    Giving more details on the matter, Oke said, “Over N2 trillion was spent illegally. Mr President has never presented or assented to these budgets. They are to tell Nigerians why they are operating illegal budgets; budgets that have not gone through the due process of law-making.“Mr. President never presented them to the parliament neither the Speaker nor the Senate President sighted or read them on the floor. All the agencies fingered have all been invited.”

    (This Day)

  • Gunmen attack bullion van in Anambra

    Gunmen attack bullion van in Anambra

    Gunmen suspected to be armed robbers have attacked a bullion van conveying cash at Ufuma, Orumba North local government area of Anambra State.

    The gunmen allegedly trailed the bullion van and opened fire on the truck and security men accompanying it.

    An eye witness said there was heavy shooting in the area, adding that residents of the community fled, while security operatives attached to the bullion van battled the armed robbers and we’re able to overpower them.

    The state Police Public Relations Officer, PPRO, Mr. Tochukwu Ikenga confirmed the incident, adding, however, that the armed men were eventually repelled.

    The PPRO said: “Operatives attached to the bullion van gallantly repelled the attack. The incident happened at about 4pm in Umunebo junction, Ufuma.

    “The Commissioner of police, CP Echeng Echeng has since ordered immediate manhunt on the attackers. The operational vehicles belonging to the armed robbers have been recovered.”

    He said a Lexus jeep and a highlander jeep belonging to the robbers were recovered. He added that other items recovered were one empty magazine, defaced bullet proof vest, charms and some incriminating items.

    (Vanguard)

  • FG files fresh amended charge against Kanu

    FG files fresh amended charge against Kanu

    The Federal Government has filed an amended seven-count terrorism charge against the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu.

    The amended charge marked FHC/ABJ/CR/383/2015, bothered on allegations against the IPOB leader that were earlier sustained by the trial court.

    The charge alleged that Kanu, who belonged to an unlawful group, had in a broadcast that was received and heard across the country, issued a deadly threat that anyone who flouted his sit-at-home order in the South Eastern part of the country should write his or her will.

    That as a result of the threat; banks, schools, markets, shopping malls, fuel stations domiciled in the Eastern States of Nigeria, have continued to shut down their businesses, with citizens and vehicular movements grounded.

    The Federal Government further alleged that the detained IPOB leader had on diverse dates between 2018 and 2021, made broadcasts that were received and heard in Nigeria, inciting members of the public to hunt and kill Nigerian security personnel and their family members, thereby committing an offence punishable under Section 1 (2) (h) of the Terrorism Prevention Amendment Act, 2013.

    The prosecution accused Kanu of directing members of the IPOB “to manufacture bombs”, adding that the defendant had between the month of March and April 2015, “imported into Nigeria and kept in Ubulisiuzor in Ihiala Local Government Area of Anambra State within the jurisdiction of this Honourable Court, a Radio Transmitter known as Tram 50L concealed in a container of used household items which you declared as used household items, and you thereby committed an offence contrary to section 47 (2) (a) of Criminal Code Act Cap, C45 Laws of the Federation of Nigeria 2004”.

    Meanwhile, Justice Binta Nyako has invited counsel to the Federal Government and Nnamdi Kanu, to come on Monday and address her on whether in view of the Court of Appeal judgment releasing Kanu, he could still be arraigned on the amended charge.

    (Sun)

  • Petrol landing cost now N510/litre –NNPC

    Petrol landing cost now N510/litre –NNPC

    The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has disclosed that the landing cost of Premium Motor Spirit(PMS), popularly called petrol is thrice N170 per litre.

    Kyari, stated this on Wednesday at the Legislative Transparency and Accountability Summit organised by the House of Representatives Committee on Anti-Corruption in Abuja .

    His declaration was coming barely two months after he told the resumed hearing of the ad hoc committee of the House of Representatives investigating subsidy regime from 2013 to date, chaired by Ibrahim Mustapha, that landing cost of petrol stands at N327.68 per litre.

    But less than two months, the cost had ballooned to N510 per litre.

    “It is not possible for you to buy fuel at N170 when your actual cost is thrice that value.

    “For instance, today, when PMS comes into this country, we transfer to marketers at N113 per litre for us to ensure N165 at the pump.

    “So, you must sell at N113 to them to be able to deliver at N165, that means whatever the cost, anything after that value; that is subsidy. Somebody has to pay for it.

    “Everyone knows the price of PMS around the world. There is nowhere today that you can land a litre of PMS to the pumps at the N445 (to a dollar) exchange rate. It is not possible.

    “In some places, you are subsidising up to N290 on every litre. With this regime, it is impossible for you to avoid all the wrong things that are happening – round tripping, cross-border smuggling, document forgery.

    “Anywhere you have arbitrage, you will have these issues. As long as arbitrage is there, you will continue to have these issues and you cannot hold NNPC accountable for it because it is a value chain that involves everything and everybody.

    “You cannot price it at the market today because of the socio-economic impact on the prices of PMS. Every country is doing something about high energy costs. Some have removed taxes on petroleum; this is a subsidy. NNPC Limited will no longer go to FAAC because we are expected to pay taxes, dividend and royalty.”

    Kyari at the September hearing further said; “We have about 1.6 billion litres incoming, land and marine. This is what is the minimum level we have to maintain, especially as we approach winter.

    ‘’Most of the refineries we procured are actually shutting down their operations because of the clamour for green energy and COP26 compliance.

    “Even gas that is transition fuel for us is being given an 8 years. Of course, we do not agree. When you look at PMS outlook, we want to be closing each and every month with a two billion closing stock. ‘’That is the only way you can sustain petroleum so that the marketers do not see some slack and take advantage by beginning to hoard product that can create artificial scarcity which can lead to queues.

    “There is a huge arbitrage for anybody to move product to outside. We are not saying that bulk of the product is smuggled. The reality is that there is no study to validate the actual consumption. What we are reporting daily is what the authority, which is the regulator publishes. They are represented at every depot in Nigeria.

    “Exchange rate has been moving steadily from N195.5 per dollar to now N390.6 to a dollar, on average. The subsidy scheme is two ways, the FX subsidy and price. “The shipping cost has doubled. Therefore, the landing cost of PMS has moved from N87 per litre in 2015 to about N327.68 per litre today. When you compare it to what we sell, you have N209 on every litre.

    (Sun)