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Monday 28 December 2015

Fayemi: Fayose running trial-and-error govt




•Minister exonerates Buhari from military probe
•’Local govt election can’t stand’
President Muhammadu Buhari has no hand in the military enquiry into the alleged use of soldiers to manipulate the June 21, 2014, governorship election in Ekiti State, Minister of Solid Minerals Development Kayode Fayemi has said.
The ex-governor said the decision to probe soldiers’ conduct was taken by the Military High Command and not by Buhari, as alleged by Governor Ayo Fayose in Lagos.
The minister, who spoke on ADABA 88.9 FM, Akure, on Saturday, described Fayose’s allegation that Buhari was planning to unseat him with the military probe as the “eruption of an infantile mind”.
Assessing developments in his home state, Fayemi said Fayose runs a “trial-and-error government” and a “government of lottery”, noting that his successor never prepared for governance, hence the alleged “reduction of governance to comedy” in Ekiti.
The minister also said the last local government election would not stand legal scrutiny, as his party, the All Progressives Congress (APC), has gone to the Court of Appeal to seek the nullification of the poll.
He appealed to the people to be patient, assuring them that things would soon be better.
Fayemi said Ekiti people had  seen the “insensitivity” of the Fayose administration in the imposition of taxes and the governor leading a task force to harass traders and seize their goods.
Reacting to Fayose’s claim that the military Board of Enquiry probe was targeted at him (Fayose), the former governor said the erring soldiers were not being probed on their involvement in Ekiti election alone but in other states, such as Osun, Rivers and Abia.
Fayemi said: “The (Fayose’s) allegation is rubbish and so typical of the governor to reduce everything to his own imagination. To the best of my knowledge, President Buhari is no longer a military ruler.
“But if the military, in its wisdom, decides to investigate the role of soldiers in elections in Osun, Ekiti, Rivers and Abia, what has that got to do with President Buhari or the Federal Executive Council?
“He (Fayose) is only trying to draw attention to himself, he wants a response and nobody has responded to him either at party level or governmental level.
“This is the eruption of an infantile mind. We don’t want to dignify him with any response on what he has been saying about President Buhari.”
The minister said Fayose’s accusation that he (Fayemi) left a “huge debt” behind has been refuted by the pronouncement from the Debt Management Office (DMO) that Ekiti’s debt stands at N18 billion; contrary to the N85 billion and N125 billion being peddled by the incumbent governor.
He said since he left office over a year ago, he had never been invited by any anti-corruption agency to answer for any mismanagement of public funds, which is a proof that he ran a transparent government during his tenure.
“If the Fayose administration has been entertaining the public and deluding itself with bogus figures, it is left to it. I served Ekiti to the best of my ability and my record speaks for me. For those who claim that I didn’t do anything, I have put Ekiti behind me,” he said.
On the outrage over taxes imposed by the Fayose administration, Fayemi said there was nothing bad about taxation but the interest of the people must be put into consideration and there should be an interface with them before such an action is taken.
Fayemi said the governor re-introduced the Social Security Scheme of giving N5,000 to 10,000 people in the Appropriation Bill and wondeed why his was scrapped.
Speaking on the situation of the APC in Ekiti, Fayemi said he was interested in pursuing unity and ensuring that the party waxes stronger everyday. He stressed that there were no factions but interest groups working to restore the party back to power.
Fayemi explained that the unity within the party was brought to the fore by the agreement of leaders and members not to participate in the last council election and to challenge the composition of the state electoral agency in court.
The former governor described the election of the council administrators as “an illegality, which will not be allowed to stand”.
He noted that Nigerians would soon reap the change promised by the APC-led Federal Government.


Source: The NATION

How DSS arrested Biafra’s Kanu

How DSS arrested Biafra's Kanu



The Department of State Services has given details of how its men apprehended the leader of a group, Indigenous People of Biafra (IPOB) and operator of Radio Biafra, Nnamdi Kanu.
The DSS said, but for the tenacity of its men, Kanu who, it said, lodged in a hotel in Lagos using fictitious name, would have escaped arrest.
It also explained how arms and ammunition were recovered in the home of one of Kanu’s associates – Benjamin Madubugwu – at Ubulusiuzor town, in Ihiala Local Government Area, Anambra State.
The information are contained in a bundle of court documents filed along with a fresh six-count charge recently filed against Kanu, Madubugwu and David Nwawuisi.
A DSS operative, Temisan John, who led a team that arrested Kanu on October 14, 2015 at the Golden Tulip Essential Lagos Airport Hotel in Lagos said Kanu was apprehended in the company of a woman.
” On arrival at the hotel, the staff denied having Kanu in the hotel or having any knowledge of him even when shown his photograph. The hotel’s guest manifest for about five days were also printed and the name was not found on any.
“However, relying on accurate intelligence, the team decided to conduct a physical search on all the hotel rooms, leading to the arrest of Kanu in Room 303, where he was caught hibernating with a young girl named Maryam Ibezimakor, with all his broadcasting and communication gadgets set for use.
“It was then discovered that Kanu checked in under the name Nwanekaenyi Ezebuiro. He was subsequently arrested and taken to the command headquarters.”
Another DSS operative, who led the search of Madubugwu’s house, Mohammed Ahmed, said items recovered in the house located at Ubulusiuzor, Ihiala LG, Anambra State included “two pump action guns loaded with ammunition.”
He described them as ” one Emerald Pump Action gun, serial number: TS870-113-0046″ and “one Delta Magnum Pump Action gun s/no: 501.”
Kanu,  Madubugwu and Nwawuisi (identified as a Field Maintenance Engineer with MTN Nigeria Limited were to be arraigned on December 23, but Kanu stalled the proceedings when he told Justice Ahmed Mohammed, before who they were to be arraigned, that he doubted the judge’s ability to ensure fair trial in the case, prompting Justice Mohammed to withdraw from the case.
The judge, who was not averse to Kanu’s position, later directed the return of the case file to the court’s Chief Judge for reassignment to another judge.

Source: The NATION

Saudi Arabia hikes petrol prices by 40% at the pump.




After $98bn budget deficit announcement, world's leading oil producer to privatise state corps and slash subsidies.


Saudi Arabia has raised domestic energy prices by as much as 40 percent after the world's leading oil producer announced a record $98bn budget deficit on Monday citing rock-bottom global petroleum prices.
The budget deficit is the highest in the history of Saudi Arabia, but was not as big as some expected. The International Monetary Fund had projected a deficit of $130bn.
The kingdom has seen a sharp drop in revenues as oil prices have fallen more than 60 percent since mid-2014 to below $40 a barrel.
Public revenues are the lowest since 2009 when oil prices dived as a result of the global financial crisis. Saudi income for 2015 was 15 percent lower than projections and 42 percent less than in 2014.
In order to address the situation, the Gulf kingdom has set the price of 95 octane gasoline at 0.90 riyals ($0.24) per litre up from 0.60 riyals per litre - a hike of 40 percent. The price increase takes effect on Tuesday, the official SPA news agency said on its Twitter account.
The decision came hours after the ministry of finance said it will slash subsidies for electricity, water, diesel and kerosene over the next five years.
Revenues were estimated at $162bn - well below projections and 2014 income, while spending came in at $260bn, finance ministry officials announced at a press conference in the capital, Riyadh.
"About 80-90 percent of government income comes from oil," Walid Arab Hashem, an economist and former member of the Saudi Shura Council, told Al Jazeera.
But he said Saudi Arabia has huge foreign reserves above $700bn that it can use to finance the gap in the budget.
"It may also issue some bonds to borrow from the market depending which is better for it," Hashem said from the Saudi city of Jeddah.
Huge reserves 
The budget document said any changes would be structured to minimise the negative effects on lower and middle-income citizens.
A number of structural economic reforms - including "privatising a range of sectors and economic activities" - would also be planned, the finance ministry added without giving details.
"If we look at the actual spending in 2016, it is very similar to the budget of 2015," Hashem said. "There was no strain on banking and there was no strain on liquidity."
Riyadh maintained high spending this year and launched an expensive military intervention in Yemen by tapping into the huge fiscal reserves it accumulated when oil prices were high.
"I don't think Saudi Arabia is in any difficult position. It's a very rich economy. It has huge reserves that have been piled up from 2005," Hashem added.
"It has enough reserves that will last several years in the future even it draws $100bn a year."
The leading member of Organisation of Petroleum Producing Countries (OPEC) has maintained high output despite requests from some members such as Venezuela to cut production to fix the prices.
"$140 a barrel was not sustainable and $30-45 still not sustainable. It is going to change," Hashem said.
"Saudi Arabia has one of the lowest costs to produce oil in the world. By what logic are we expecting Saudi Arabia to increase the price of oil when Russia, America, or even Iran and Iraq - who have much higher costs for producing oil - are maintaining their prices."



Source: Al Jazeera and agencies

OGUN POLICE INTERCEPT TANKER WITH VANDALISED PETROLEUM PRODUCT




The police operatives attached to Sagamu Division of the Ogun State police command have again intercepted a truck loaded with vandalised petrol( PMS) in sagamu on Friday 25th at 1900hrs, barely 4 days after a 33,000 litre truck loaded with vandalised petrol was intercepted in Ogijo in Sagamu Local Government Area of Ogun State.
The Police operatives who acted on a tip-off moved to the Pipeline and caught one Elochukwu Byron, M, and others, now at large, in the act of syphoning petrol into the truck with Reg No KTU 760 XC.
The suspect and the exhibits will be transferred to the Department of Criminal Investigation and Intelligence Eleweran Abeokuta for further Investigation on the directive of the Commissioner of Police Ogun State CP Abdulmajid Ali.
The suspect is assisting the police in its investigation to apprehend the fleeing members of the gang and reveal more information that will assist the police.
The Commissioner of Police Ogun State, CP Abdulmajid Ali, has once again put all officers and me of the command on their toes to make sure that pipelines and installations are adequately protected particularly during this fuel crises as many of the hoodlums will want to seize the opportunity to perpetrate their criminal act of economic sabotage.
The Commissioner of Police also assured the good people of Ogun state of adequate protection of lives and property and to relegate and expose any criminal that may want to disturb the existing peace we enjoy in Ogun state.

DSP OLUMUYIWA ADEJOBI
PPRO OGUN STATE
ELEWERAN ABEOKUTA
27TH DEC 2015

FEMI-FANI KAYODE: AN OPEN LETTER TO PRESIDENT MUHAMMADU BUHARI




Mr. President, as one of your most loyal and faithful subjects who has nothing but the utmost respect for your person and your office I am constrained to write you this open letter. This is because there are a number of issues that I believe that it is important for you to clarify and to come clean on. I say this because some of your assertions of late are at best contradictory and at worst patently dishonest.
 Whichever side of the political divide we are on I believe that we can all agree on one thing: that the prosecution of the war against terror is not something that any of us should play politics with. This is especially so given the fact that human lives are at stake and the very existence of our nation is under threat. Like much of the rest of the world our country is going through hell at the hands of the jihadists and Islamist terrorists.
 There is no gainsaying that we must all come to terms with the fact that the Islamic State in the Levant (ISIL), Al Qaeda, the Taliban, Al Shabab, Boko Haram, Hamas and another group that the internationally-respected Global Terror Index has described as the ”Fulani militants” (aka Fulani herdsmen) are nothing but bloodthirsty murderers and the lowest form of life.  They are indeed the scum of the earth, the  troublers of humanity and the vermin of hell. It is with this in mind that I urge you to take the war against terror far more seriously than you are doing and plead with you to stop passing the buck.
 Your penchant for blaming your failings in this regard on the previous administration is simply nauseating and it does not serve you well. You continuously contradict yourself when it comes to this matter and frankly such flip flops are unworthy of the office that you presently occupy. We your subjects look up to you for consistency, strength, unequivocal commitment, a firm resolve and the ”leadership from the front” that you promised during your presidential campaign in this war. We do not want and neither do we need doublespeak, lame excuses and buck passing.
Permit me to point out a few examples of your contradictory assertions and your buck passing in this short intervention. Initially you claimed that your predecessor in office President Goodluck Jonathan never bought any arms and that instead he squandered and stole all the money that was appropriated for the procurement of arms.
Yet when the British Minister of Defense visited you in the Presidential Villa the other day the story changed. You did a U-turn and gleefully told him and the wider world that President Jonathan bought arms with raw cash.
One wonders which story you shall come up with next and which one you will conjure up in the future. Kindly tell us what the position is: is it that Jonathan did not buy arms at all and stole all the money or is it that he used cash to buy arms? You cannot have it both ways. It is either one or the other.
Quite apart from your glaring doublespeak on this matter there was another issue which you ought to have raised with your highly esteemed and respected British guest. You forgot to tell him that his was one of the countries that not only refused to sell weapons to us during the course of this bitter conflict but that also helped to impose and enforce the international arms embargo on our country even though we are at war.
This resulted in the unnecessary death of thousands of our people because we found it difficult to procure the weapons to protect them. Your guest’s country insisted on towing the American line and doing this to us even though we were fighting a war against a relentless, well-motivated, well-funded and well-armed fighting force that Global Terror Index has described as the ”deadliest terrorist organization in the world”.  One is forced to ask: with friends like this who needs enemies?
Given the fact that the embargo was in place one wonders how we were supposed to procure arms unless we did so with raw cash on the black market. The alternative was to buy none at all, to do nothing and to allow Boko Haram to take Abuja, Port Harcourt, Enugu and Lagos. Perhaps that is precisely what your western friends and allies wanted but thankfully it never came to pass.
Despite the challenges and constraints President Jonathan faced, instead of losing any more ground, he rose to the occasion and retook no less than 22 local government areas and virtually pushed Boko Haram out of Nigeria. The only place that they occupied by the time the election took place was Sambisa forest.
Jonathan achieved all this with those arms that he bought with raw cash. This is apparently what you are now complaining about. Permit me to remind you that it is those same arms that Jonathan bought with raw cash that your army is still using till today. Yet sadly since you were sworn in as President seven months ago you have lost some of those same local government areas that were earlier recovered and they are now back in the hands of the terrorists.
Despite this you keep telling the international community and the Nigerian people that we are ”making progress” in the war against terror. As a matter of fact you went as far as to say that we had ”won the war” against Boko Haram and your Minister of Information, Mr. Lai Mohammed, echoed that grotesque mendacity and reiterated that sentiment by adding the words ”technically won” (whatever that may mean) to the equation.
Sadly, two days later, on Christmas day, in what can only be described as an eloquent response from the terrorists, scores of innocent civilians were killed by Boko Haram in Borno state and a whole community was burnt to the ground. Again on Sunday 27th of December Maiduguri, the capital of Borno state, came under heavy attack from the terrorists.  So much for having ”won the war against Boko Haram”, whether ”technically” or otherwise.
Instead of conceding that you had told the Nigerian people a pernicious lie, curiously the next thing that you did was to tell them that you would ”persuade Boko Haram to drop their arms”. One is compelled to ask: why would you have to persuade them to drop their arms if you had already defeated them and won the war against them?
In any case this would be the first time in the history of modern warfare that a sitting President has sought to destroy and defeat a vicious and relentless terrorist organization and win the war against terror simply with the awesome and devastating weapon of persuasion. Perhaps you should recommend that same tactic to the Americans and the rest of the international community as an effective and credible weapon to adopt in their war against ISIL, Al Qaeda, Al Shabab, Hamas and all the other jihadist groups that plague the world.
Whilst you are at it perhaps you could also persuade Boko Haram to free the Chibok girls. It is disturbing to note that despite all your campaign promises and assurances that once you are elected President the girls would be rescued or returned, nothing has been done or heard about any of them ever since you were sworn in. Worst still the Bring Back Our Girls Group, which was essentially an appendage of your election organization, together with its distinguished leaders and conveners, appear to have gone very quiet. I guess they are busy trying to persuade Boko Haram to drop their arms too.
The truth is that it is time for you to free yourself from your monumental delusions and to get real. Sadly you appear to be detached from reality. Instead of fighting the war against terror you are making it worse by slaughtering one thousand Shia Muslims in Zaria on December 12th, locking up their leader Sheik Ibrahim El Zakzaky and opening yet another war front in our country. The last thing that we need is for Hezbollah or the Iranian Republican Guard to rise to the occasion, take up the challenge, jump into the fray and decide to protect and avenge their Shia Muslim brothers and sisters in northern Nigeria.
Yet despite the reprehensible and indefensible actions of your military commanders in Zaria you have refused to show any remorse for what was undoubtedly a war crime against fellow Nigerians and you have not prosecuted the officers and military personnel that were involved in the butchery. Instead the homes of the victims and those that share their Shia faith have been burnt to the ground in Zaria and their graves and burial sites have been dug up and desecrated.
Instead of fighting Boko Haram you are fighting and killing your own people. Worse still you have refused to defend our country. I say this because a few days ago the Cameroonian military invaded our country, violated our territorial integrity and savagely murdered over 70 innocent Nigerians in their village before burning it down.
Your government refused to acknowledge that this event even took place, despite the media reports. You did not console or express condolences to the families of the victims or retaliate against the Cameroonians.
You did not even warn them or demand an apology or reparations from them. This is heartless and shameful. It could not have happened under Jonathan, Obasanjo, Babangida, Shagari, Abacha, Abubakar,  Shonekan, Mohammed,  Balewa or indeed any other former Nigerian President or Head of State. If any of them had been in power and the Cameroonians cultivated the effrontery to do such a thing there would have been consequences.
Yet you did nothing to avenge this affront or to defend our honor. What happened to the gallant and brave General Buhari that courageously led our troops into victory in Chad in the early 1980′s? What happened to the honest and forthright man that we all admired and looked up to because of his military exploits in Chad? What happened to the war hero that gave the Chadians a ”bloody nose” for daring to attack a Nigerian village and that almost took Ndjamena, the Chadian capital? What happened to the man that proved to the Libyans and their Chadian proxies that Nigerians knew how to fight? It appears that you have changed and that you are no longer the man that you used to be.
Instead of being honest with our people you have insisted on selling them a dummy and telling them a lie. You refuse to tell the world that our military is terribly demoralized, our soldiers are suffering heavy casualties and are not being paid their salaries regularly and, worse of all, that you have failed to procure a single bullet or weapon for them to use in the last seven months since you came to power.
Instead of deploying all the power of the state against Boko Haram you have spent all your energy and resources trying to teach the former National Security Advisor, Colonel Sambo Dasuki, and all your other perceived enemies the lesson of their lives by misrepresenting them before the world, subjecting them to state-sponsored tyranny and the most insidious form of persecution, violating their human rights and lying to the world that they stole and shared money that was meant for the purchase of arms.
You have also misled and misinformed the Nigerian people about the rules and conventions that are applied when it comes to the administration of security funds and about the fact that it is the National Assembly alone that has the right to probe the use of such funds as part of their oversight functions. To cap it all you have claimed you did not receive any benefit from the NSA ‘s office whilst Jonathan was in power. This is an assertion which we all know is, at best, questionable.
You must be mindful of the fact that God hates liars and He despises those that abuse power. You must remember that the more you scorn God’s counsel and mock His admonitions the more your errors will be made manifest and the more your people will suffer.
You must understand that any leader or government that is motivated by bitterness, fear, hate, vengeance and malice will eventually hit the rocks and crash like a pack of cards. You must appreciate the fact that God is watching and that He sees and knows all. 
May the Lord have mercy on you and may He forgive you for your many sins and wicked ways. God bless Nigeria

By Femi-Fani Kayode.

NETFLIX IS LAUNCHING IN AFRICA, WILL DSTV FINALLY MEET ITS WATERLOO?

There must have been an emergency meeting called in South Africa, home of Multichoice, which owns pay television service DSTV, when Netflix announced it was entering Africa’s most advanced economy in 2016. By August, Multichoice’s parent firm Naspers had responded with the launch of its own online video on demand service to rival Netflix, the international provider of on-demand Internet streaming media with over 26 million subscribers worldwide. The battle will be among Netflix, ShowMax and other Video-on-Demand (VoDs) in South Africa. Several DSTV subscribers that are not on the service for sport are already moving over to on-demand TV service. More will do when Netflix launches. Apart from cost effectiveness of VoDs, Netflix is expected to pull its originals off DSTV.

Cost of Subscription

For years, Africans have been held to ransom by DSTV which is by far the best pay television service on the continent in terms of content. However, changing consumer behaviour over the past half-decade has increased demand for better subscription pricing. While some subscribers call for subscription prices to be slashed, others ask to pay only for what they use. People almost never watch television shows when they are broadcast anymore. The television consumer, like every other consumer, according to 5 African Consumer Trends for 2016, is tending towards on-demand service. But for lack of a better option, Africans have continued to subscribe to DSTV. Once Netflix launches in South Africa, a lot of DSTV subscribers who are on the pay TV service only for movies will move on.

Netflix launch

When the popular streaming service first announced plans to enter South Africa earlier this year, its projection was ‘within the next two years’, but the company moved earlier than expected, apparently due to the presence of a ready market itching to get on the service. Some Africans have even devised means of circumventing Netflix’s geographic restriction to access the service from the continent, meaning they are ready to pay the current subscription fees charged anywhere else by Netflix. Now, industry sources, according to Mybroadband, say the on-demand TV service will launch in South Africa next month.
A survey by Mybroadband shows early adopters in South Africa are willing to pay R124.54 for a monthly Netflix subscription. ShowMax charges R99 per month for its premium service.

Data challenge

One challenge that has hindered the growth of online streaming in Africa is cost and quality of data. But the issue of quality is being addressed already with the advent of LTE internet service providers offering speed of up to 32mps. Cost is also going down in some parts of the continent and this is expected to continue with increasing demand.
According to the International Telecommunications Union (ITU), broadband is now affordable in 111 countries of the world, with the cost of a basic (fixed or mobile) broadband plan corresponding to less than five per cent of Gross National Income (GNI) per capita, thus meeting the target set by the Broadband Commission for Digital Development.
Mobile broadband is the most dynamic market segment. In 2015, 69 percent of the global population will be covered by 3G mobile broadband, up from 45 percent in 2011. The network is also expanding into rural areas, and ITU estimates that 29 percent of the 3.4 billion people worldwide living in rural areas will be covered by 3G mobile broadband by the end of 2015.
ITU estimates that between 2000 and 2015, Internet penetration has increased to 43 percent of the global population, from 6.5 percent, with the proportion of households with Internet access at home advanced from 18 percent in 2005 to 46 per cent in 2015. Although ITU figures also indicate that four billion people in the developing world remain offline, significant success has been recorded.

The Future

With lower data cost and changing consumer behaviour driving up demand for on-demand TV, DSTV and other pay television service providers alike, will struggle. The saving grace for DSTV is its sports offering. With the South African pay TV service holding the rights to air English Premier League among other sports on the continent for years to come, the arrival of Netflix and increased adoption of other VoDs on the continent may not hit DSTV just yet. However, what could be a nail in the coffin of the pay TV service will be the arrival of a sports online streaming service that allows you pay only for what you watch. If such comes on, it will be the answer to the undying request of consumers in Africa; no one will be left behind in its adoption if data services improve on the continent. DSTV and other pay TV services will have to drop subscription cost and allow users pay less for more if they want to retain them. However, Naspers is not caught unawares as its ShowMax has given it a level playing field to compete with the biggest names in online streaming. The media group will be hoping whatever it loses in pay TV can be recovered online.


Source: The Nerve Africa

Goodluck, Jonathan! By Sonala Olumhense




The comma in the middle of my headline converts it from a name to a remark or a sentence. As in prison sentence. 

For I predict that by this time next year, the best-known bearer of that name, Nigeria’s former leader Mr. Goodluck Jonathan, will be serving one.

In the closing weeks of 2015, what was sometimes conveniently dismissed by his supporters as heavy criticism of Mr. Jonathan has proved to be fair. That tragedy is that he did not run a government; he ran a no-rules and no-responsibility bazaar to ennoble, and enable, the shameless privatization of Nigeria’s resources.

A case in point (and the only envelope to be opened so far): what some people now call Dasukigate: an arms-purchase scandal anchored by the National Security Adviser (NSA) Sambo Dasuki through which federal funds meant for arms for the military were distributed to the well-connected.

It is unclear when and how it became the business of the NSA to purchase military armament. Nigeria’s appropriation laws and practices do not reflect that. Scandalous, but Mr. Jonathan superintended it.

To worsen the scandal, the star of Jonathan’s cabinet, Minister of Finance and Coordinating Minister of the Economy Ngozi Okonjo-Iweala, confirmed early in December that she had also transferred into the hands of Dasuki previously-undisclosed “new Abacha funds of about $322 million” for “urgent security operations.” It is unclear where those funds came from.

Remember: In June 2014, Liechtenstein returned $227m to Nigeria, to which Jonathan responded with a committee of cabinet to determine how it was to be used. Nothing was heard of the Liechtenstein funds thereafter, but Nigerians at least knew how much was involved, where it had come from, and when it arrived.

Three months earlier in March 2014, Switzerland repatriated $380 million, bringing that country’s total Abacha loot return to over $1billion.

The point here is that until circumstances this month compelled Okonjo-Iweala’s confession, nobody had ever declared the return of “about $322 million…with another $700 million still expected.”

In various commentaries over the years, I have argued that contrary to the tale being told by government officials—especially Okonjo-Iweala—Nigeria has recouped billions of Sani Abacha dollars, with no evidence they have been used for Nigeria. The casual, and illegal, transfer to NSA Dasuki of $322 million by the tag team of Jonathan and Okonjo-Iweala demonstrates the point.

With no legal authorization of any kind, in a democracy supposedly governed by specific structures and laws, the Finance Minister gave $322m to the NSA Minister. Read her statement closely and observe how she carefully tried to steer attention away from the quality of the crime with the promise of future riches: a forthcoming $700m that would presumably not be distributed among politicians, but “applied for development programmes as originally conceived.”

But these are not the things that Mr. Jonathan was saying in the United States a week or two earlier as he marketed his “Goodluck Jonathan Foundation” at the Presidential Precinct in Virginia.

The Precinct has the potential to do a lot of good work. Managing Director Neal Piper writes: “The Precinct offers an interactive and engaging learning experience that connects leaders – allowing them to share their expertise, collaborate, and build on ideas and lessons learned here and around the globe. Our goal is for participants to learn skills that they can apply in their home countries thereby helping them reach their goals and aspirations while transforming the economies and governance where they live. The Presidential Precinct allows them to make connections that will help build their personal futures.”

You read that convoluted construction carefully, and it is clear that the mission of the Precinct is muddled up between its obligations to former leaders such as Mr. Jonathan, from whom it obtains its limelight; and its nod to future leaders, for whom it seeks its political legitimacy.

Mr. Jonathan was the wrong client, and although The Precinct said it was helping him to hone the message of the GEJ Foundation, that plan is undermined by Mr. Jonathan’s political record.

The former Nigerian leader did not tell his audience about that first envelope: Dasukigate, let alone such forthcoming envelopes as the Ministry of Petroleum Resources, the Transformation Agenda, Sure-P, THE BROAD DAYLIGHT RIGGING back into office in Ekiti State of Governor Ayo Fayose.

Instead, and here is the video of one of the public events, he told the curious story of how, when he was young, Africa was “considered the dark continent,” a misunderstood concept he wants to change through his foundation to make it “a light, a very bright continent.”

He tells the story of his economic triumphs and how he transformed Nigeria into the biggest economy in Africa within five years on account of his reforms. “We reformed the private sector.

So many sectors. We reformed our power sector. We reformed the agricultural sector. We reformed our oil and gas sector. Our industrial sector...Watch the video: “We involved young men and women in the private sector. We mentored them, encouraged them to set up small businesses, macro and small and medium scale enterprises in terms of light manufacturing, processing…food items, and also the service sector and it worked wonderfully well…”

“[Mentoring]…Our philosophy was that every young person that is keying to our programme in five years should be able to employ two to five others but when we started that programme under two years some of them could employ up to ten, even more…”

It is true that in April 2014, Nigeria’s economy became Africa’s largest when it was rebased to include in her GDP industries such as telecoms, airlines, film production, information technology, and online sales. None of them had anything to do with Jonathan or his policies.

On the contrary, his government’s “reform” initiatives were often betrayed by his government. Unemployment soared; power supply worsened. Stealing received Mr. Jonathan’s official stamp of approval; merit declined as a currency; his government shared out money meant for combating the insurgency in the North. His was Nigeria’s most incoherent government since 1960.

When did Mr. Jonathan implement the policies he speaks about in the video? Where are the figures to back up his claims? In what year or in what local council area did he encourage young graduates to go into farming—a programme he claims has been so successful that doctors, engineers and lawyers have switched into it?

In his mix of misinformation and disinformation, the former Nigerian leader probably imagined he was in Nollywood, where fiction has no consequences. But this is the same mindset that ruined his years in the presidency, and for which he was rejected at the polls last March.

The envelopes, please. And oh, Goodluck, Mr. Jonathan.


BY
• sonala.olumhense@gmail.com
• Twitter: @SonalaOlumhense

$2.1b arms cash: Ex-minister flees over Osun, Ekiti polls

$2.1b arms cash: Ex-minister flees over Osun, Ekiti polls



EFCC traces N1.450b to four firms
Official says PDP got funds for election
How much of the $2.1 billion arms purchase cash went into the Ekiti and Osun states governorship elections?
What role did a former minister play in the alleged diversion of the funds?
These are some of the questions the Economic and Financial Crimes Commission (EFCC) is battling to answer in its probe of the phoney arms deals that set the treasury back by millions of dollars.
The cash was wired into the former minister’s accounts, the anti-graft agency is believed to have discovered.
Governorship elections were held in Ekiti (June 2014) and in Osun (August 2014).
But the former minister, one of the leading lights of the Peoples Democratic Party (PDP) in the Southwest, has sneaked out of the country.
It was learnt that he may relocate from his hideout  because it is considered as “unsafe” for him.
There are fears that if he remains in the hideout, his extradition for trial would be easier, a source told The Nation.
The source said: “The huge funds were paid into the accounts of the ex-Minister for elections in the two states.
“There are allegations that the funds were not disbursed as expected because the candidates had their own campaign funds.
“Although some military and security personnel were to benefit from the slush funds, they were also shortchanged.”
Some bankers who managed the accounts have already given some information to EFCC investigators.
“But we have discovered that the ex-Minister has sneaked out of the country. As soon as we establish his whereabouts, we know what to do,” the source said.
The Nation could not reach the former minister last night.
It was gathered that another N1.450billion fraud had been uncovered by the EFCC following revelations by one of the accused persons on trial.
The discovery is contained in the heap of evidence filed in the court by EFCC for the trial of 10 suspects.
The money was paid into some accounts which were submitted by a “former Accountant-General” whose identity the suspect in the Office of the National Security Adviser(ONSA) refused to disclose.
“I could remember the following companies and account numbers were submitted by the former Accountant -General which we paid monies into. Below are the companies and amounts so far paid: Stellavera Dev Company(N300m); First Aralac Global Limited(N300m); First Aralac Global Limited(N100m); Damaris Mode(N300m);  Stellavera Dev Company(N200m) and Whese Farms Ltd(N250m).
“I was directed to pay monies into the above accounts. I do not know what the monies were meant for, “ the accused person said.
Meanwhile, a Staff Officer, Account 1, Yazidu Ibrahim has disclosed that most payments from the ONSA were meant to pursue the PDP presidential election.
He claims to have payment vouchers of all funds remitted to PDP beneficiaries, companies and contractors.
He made the disclosures in a statement made to EFCC as a witness.
Ibrahim said: “My duties include recording financial transactions and to keep custody of all duplicate copies  of financial transactions. Also to prepare bank reconciliation statements and to collect statements from all banks.
“The year 2014-2015 transactions were mainly to support the presidential election of the ruling Peoples Democratic Party (PDP).
“Those payments to contractors or individuals by deposit into their accounts were based on instructions from the DFA. The tellers are attached to the payment vouchers.
“All payments to contractors are based on directive from DFA. Sometimes, there is accompanying  document; most times, there is  nothing except account details of contractors.”


Source: The NATION

Refineries ‘to produce 10m litres of PMS daily’




Nigerian refineries have been “repositioned” to produce 10 million litres of premium motor spirit (PMS), also known as petrol, daily, Ibe Kachikwu, minister of state for petroleum resources, has said. 

It is estimated that Nigeria consumes 35 million litres daily, which means the country will now be importing only 25 million litres to meet local needs. 

Although he did not give the total figure of what the refineries are currently producing, Kachikwu said a lot of work has been done to put them back in shape. He was speaking on Sunday during his visit to Kaduna Refining and Petrochemical Company (KRPC). 

According to him, the mission of the visit was to ascertain the state of the refinery and identify areas of challenges for the workers at the refinery. 

“A lot of work has been done and a lot manpower have been put in place. But a lot still needs to be done in order to put this refinery to work continuously and reliably,” he said. 

He noted that a lot of progress has been made in terms of availability of fuel in the various cities and towns as the long queues are fast disappearing from the filling stations. 

While commending the management of KRPC for keeping the refinery working for more than a week now, he however said there was room for improvement so as to move the current production level from 1.5 million litres to 2 or 3 million litres per day. 

He expressed confidence that with more refineries coming on stream the fuel supply situation will continue to improve in the country. 

While fielding questions later from the media, the minister said the federal government was doing all it could do to ensure the subsidy on fuel is resolved without inflicting more pains on ordinary Nigerians. 

“Everybody is on the same page that we need to get out of it; should we sale product at a certain price or should we let free market rolling so that we can sky rocket prices,” he said. 

According to him, the President says that product should go for N87 per litre for now and that he has given an approval to look at market trends and make adjustment if need be. 

He assured that the administration was committed to ensuring adequate supply of petroleum products across the country. 

Kachikwu said on Friday the petrol will start selling for N85 per litre from January 1. Read: 

Read more at: https://www.thecable.ng/refineries-to-produce-10m-litres-of-petrol-daily



Source: TheCable NG