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Presidential candidates sign peace accord, vow to accept election outcome

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Candidates of the 18 political parties participating in the presidential election scheduled for February 25 have signed a peace accord in Abuja.

Present at the signing of the peace accord were members of the National Peace Committee, as well as President Muhammadu Buhari.

Omoyele Sowore of the African Action Congress (AAC), Bola Tinubu of the All Progressives Congress (APC), Peter Obi of the Labour Party (LP), Rabiu Kwankwaso of the New Nigeria Peoples Party (NNPP), and Atiku Abubakar of the Peoples Democratic Party (PDP) were among the presidential candidates present.

By the text of the peace accord, presidential candidates make a commitment to “accept and abide by the outcome of the 2023 presidential election and if issues should arise”, to “deploy constitutional means and appeal to the courts rather than other unconstitutional means”.

In his remarks, Goodluck Jonathan, former president, said the peace accord is needed to deter candidates and their allies from using instruments of misinformation to influence the election.

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The former president, whose speech was read by Matthew Kukah, Catholic bishop of Sokoto, charged the Independent National Electoral Commission (INEC) and security agencies to ensure that the election is credible.

“This is aimed at mitigating disinformation, and misinformation during the election and in the time of the social media era,” Jonathan said.

“There is no other time than now given the considerable tension in the country as a result of the election. The election is not war. The country needs a stable democracy. The world looks up to us to get our leadership right and leadership recruitment right.”

Yakubu Gowon, former military head of state, advised the candidates to be “civil in their engagements”, adding that Nigeria is in need of a leader who is capable of “bringing and ensuring dividends of democracy to the doorsteps of the people”.

“I appeal to those who are bent on disrupting the election to reconsider their actions, to give an opportunity for just and fair resolution to the problems at hand. I wish all Nigerians a peaceful election and smooth transition of government as we had last time,” he added.

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UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

 

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

 

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

 

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

 

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

 

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

 

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

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JUST IN: Tinubu appoints Jim Ovia as chairman of education loan fund

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

 

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

More to follow…

 

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ICPC detains TETFund boss ‘over questionable N7.6bn project’

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

Demola Bakare, ICPC spokesperson, confirmed the development on Friday.

 

Bakare said that Echono was invited by the anti-graft agency on Thursday.

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said.

 

“He was invited on Thursday. He has not been released. He’s still with us. Investigation is still ongoing.”

 

It was earlier reported that TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing (PGM) within two months at the cost of N3.8 billion respectively without the approval of the federal executive council (FEC), which is required for the contract size.

 

The contract was to provide capacity building course and learning management systems to about 2 million students across higher institutions in the country.

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In a rejoinder, TETFund said it did not award N7.6 billion contracts to two companies without due process.

 

The agency said it was wrong to say they were contracts, whereas they were ICT projects implemented under a memorandum of understanding (MoU) which doesn’t require competitive bidding in public procurement.

 

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″.

In an interview with TheCable, Echono said there was no form of irregularity in the N7.6 billion project.

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