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Cash, petrol scarcity may yield unpleasant consequences — act now!, Akeredolu tells Buhari

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AKEREDOLU

 

Ondo State Governor, Rotimi Akeredolu, has advised President Muhammadu Buhari to take urgent steps to address the scarcity of naira notes and petrol price hike.

The petrol crisis and scarcity of naira notes are resulting in protests in parts of the country.

However, after a meeting with governors elected on the platform of the All Progressives Congress (APC) on Friday, the president requested seven days to take a “major decision” on the naira note scarcity.

In a statement on Friday, Akeredolu said the current situation is a recipe for “unpleasant consequences” if not properly handled.

“The struggles and actual fights recorded in banking halls, ATM and POS points, and markets across the country are disquieting. The choice of this period for the implementation of a policy, which bears an instant negative impact with no discernible mitigation in sight, raises serious suspicion of partisanship on the part of the CBN,” the statement reads.

“The ordinary people are the victims. Depositors can no longer access their monies even to feed their families. Hunger is not the anticipated result of a monetary policy.

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“While no reasonable person will contend with the decision of the CBN to discharge its statutory functions, the plight of the downtrodden must, however, be considered. Majority of Nigerians groan, at present, under the crushing weight of these crises.

“There is pervasive discontent in the land and unless some urgent redemptive steps are taken to ameliorate the debilitating effects of seeming desultory and nonchalant disruptions of their normal simple lives, a series of events with unpleasant consequences is inevitable.

“There is palpable anger engendered by frustration in the land. The wave of discontent increases with unbelievable rapidity across the country. The current hardship being experienced by the ordinary people forebodes unpleasant consequences. These crises may set in motion a chain of events the end of which is better imagined.

“The Federal Government must make a categorical pronouncement on the availability of petrol and its price since it is the general belief that the country still pays humongous amounts as subsidy. A situation which permits a few individuals to inflict pains on the populace, seemingly without check, is deplorable.

READ  FULL TEXT: President Buhari’s nationwide address on naira redesign

“The CBN Governor, Mr. Godwin Emefiele, must come clean on the new monetary policy. Nigerians are practically buying the country’s currency to feed when we are not in a state of war.

“The fact that the ruling party hopes to present candidates for election in the general elections in the coming weeks accentuates the level of suspicion as regards the possibility of having certain elements whose interests stand at variance with the general aspirations of the party and its committed members.

“There is no better way to de-market a brand than this ruthless execution of a pernicious motive. The Federal Government, through the President (Muhammadu Buhari), must act now.”

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EKEDC recalls Tinuade Sanda as CEO, says she was erroneously removed

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The Eko Electricity Distribution Company (EKEDC) Plc says the directive terminating the appointment of Tinuade Sanda from her role as managing director (MD) and chief executive officer (CEO) has been nullified.

 

Babor Egregor, EKEDC’s chairman, legal and regulatory committee, board of directors, made the clarification in a statement on March 27.

 

According to EKEDC, this follows subsequent clarification issued by the Nigerian Electricity Regulatory Commission (NERC) dated March 27.

 

The DisCo added that an earlier directive by the regulator on March 21 “was misunderstood and unilaterally acted upon by the Chairman of the Board without recourse to the Board or the appropriate committees of the Board saddled with the responsibility for such oversight”.

 

“The legal fulcrum and basis for the purported recall of the seconded staff has been vitiated and now non-existent since the basis of the recall of the seconded staff was the initial misinterpretation of the previous NERC resolution/orders,” the company said.

 

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However, EKEDC said the “express recall and termination of the contract of employment of staffers/employees whose actions led to a loss of revenue to EKEDP. The staff in question, Wola Joseph-Condotti, Sheri Adegbenro and Aik Alenkhe, had been subjected to Disciplinary Committee proceedings – the outcome of which has been contested by some Board members.”

 

The aforementioned staff, according to the company, were accused of fraud and negligent actions through ghost workers and exited staff, which occasioned financial losses to Eko DisCo.

 

STAFF FACING DISCIPLINARY COMMITTEE WILL NOT RESUME

EKEDC said aside from the employees facing a disciplinary committee, all seconded management staff of WPG Limited whose recalls were done in “error” are mandated to return to their respective positions.

 

“As a responsible corporate entity, EKEDP shall be providing full co-operation with the appropriate law enforcement agencies including the Nigerian Police, the Economic & Financial Crimes Commission (EFCC) and the leadership of the Nigerian Body of Benchers and relevant members of the Legal Practitioners Disciplinary Committee for further actions on the alleged fraud perpetuated by the afore-mentioned persons,” the company said.

 

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“We once again thank our Regulator, NERC, for providing this clarification, the NESI stakeholders, and the public for their kind concerns, as well as the employees of EKEDP and WPG Limited for their patience through all of this.”

 

Meanwhile, EKEDC said the Bureau of Public Enterprises (BPE) also serves as a federal government representative on the EKEDC board of directors.

 

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UPDATED: DHQ declares physics professor, 7 others wanted over murder of 17 soldiers in Delta

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The Defence Headquarters has declared eight persons wanted in connection to the killing of army personnel in Okuama community, Delta state.

The 17 army personnel were killed on March 14 during an operation in the community.

 

Among those declared wanted are Ekpekpo Arthur, a professor of physics at the Delta State University; Akeywiru Omotegbono, Andaowei Bakrikri, Igoli Ebi, a lady; Akata David, Sinclear Oliki, Clement Oghenerukevwe and Reuben Baru.

The names of the deceased soldiers are A.H Ali, D.E Obi, S.D. Ashafa, U. Zakari, Yahaya Saidu, Danbaba Yahaya, Kabir Bashir, Abdullahi Ibrahim, Bulus Haruna, Sole Opeyemi, Bello Anas, Alhaji Isah, Clement Francis, Abubakar Ali, Adamu Ibrahim, Hamman Peter, and Ibrahim Adamu.

After the killing of the army personnel, President Bola Tinubu and the military high command promised that the perpetrators would be brought to justice.

On Wednesday, the personnel were buried at the military cemetery in Abuja and were posthumously conferred with national honours by President Tinubu.

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The president also offered scholarships to children of the late officers.

 

Speaking during the burial ceremony of the late personnel, Taoreed Lagbaja, chief of army staff (COAS), said it was “highly demoralising” that the soldiers were killed by those they were equipped to protect.

The army chief added that it took over 72 hours of searching to recover the vital organs of some of the deceased soldiers.

 

He added that the Nigerian Army exercised “a lot of restraint” in the search for missing arms and body parts of the deceased soldiers.

 

The army chief also said some of the widows of the slain officers are pregnant.

 

“The Okuama killing has added to the care of the Nigerian Army and, by extension, the Nigerian state, 10 widows, three of whom are four, five, and eight months pregnant, 21 orphans, and many other dependents, which include parents,” Lagbaja said.

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We didn’t monitor Labour Party national convention, says INEC

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The Independent National Electoral Commission (INEC) says it did not monitor the national convention of the Labour Party (LP).

 

Recall that on Wednesday, the LP conducted its national convention at the Grand Seasons Hotel, in Nnewi, Anambra state.

Julius Abure was re-elected as chairman of the party at the convention.

However, Rotimi Oyekanmi, media aide to Mahmood Yakubu, INEC chairman, said that the conduct of the convention was not monitored by the electoral umpire.

Oyekanmi did not specify why INEC did not monitor the convention.

The convention was initially slated for March 29 but was later changed to March 27. The leadership of the party had said the date was changed because the initial day falls on Good Friday, a very important date for the Christian faithful across the world.

The venue was also changed from Abia to Anambra.

 

Speaking on the change of venue, Kehinde Edun, LP national legal adviser, said the party duly informed INEC about the change in venue and date.

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“So, we are at liberty to pick any venue of our choice. We only need to inform INEC about the change in venue and the time,” Edun said.

 

There have been calls for the party to suspend its national convention.

 

On March 17, the house of representatives caucus of the LP called for the suspension of the convention to enable the party “properly plan” the event.

 

The Nigeria Labour Congress (NLC) has described Abure’s re-election as “an illegality”.

 

On March 16, the NLC and LP traded words over calls for the suspension of the party’s convention and resignation of Abure as chairman of the party.

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