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Not in my character to blame past Govt, says Tinubu

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President Bola Tinubu says it is not in his character to blame past administrations for the socio-economic and security challenges in Nigeria, maintaining that he is committed to taking the right actions to re-engineer the finances of the country and stay on the right path to achieve progress.

 

The President spoke on Monday at the flag off of Agric Mechanisation Revolution for Food Security in Minna, the Niger State capital.

 

Many current members of the Tinubu cabinet including Minister of Finance Wale Edun had blamed the current socio-economic and security challenges in the country on ex-President Muhammadu Buhari’s eight-year administration.

 

However, Tinubu, who took over from his partyman last May, said his concern is not to blame the past governments but to embark on the right reforms to set the nation on the path of prosperity.

“When you read the papers, some of us are confused whether to abuse the present or the past (governments) or make excuses for the future,” the President told the gathering which was graced by governors including the host, Mohammed Umar Bago, as well as agriculture enthusiasts.

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“(It’s) not in my dictionary,” the President stated matter-of-factly, adding that his focus is to “take action now, do your best, re-engineer the finances of the country and stay ahead of the right path. Those who may be complaining now have to understand that perseverance and consistency will make a nation great.”

Nigeria is battling mass kidnapping, rising inflation, food inflation, forex crisis, economic hardship and high cost of living occasioned by the removal of petrol subsidy, attracting protests in parts of the country.

The Nigerian naira has seen a dip in the last nine months since the Tinubu administration collapsed the foreign exchange window. The naira experienced an all-time low, falling from about N700/$1 last May to over N1500/$1 at the moment.

The authorities have since turned their focus to cryptocurrency platform, while the Central Bank of Nigeria (CBN) have embarked on many reforms including revoking the licenses of over 4,000 Bureau de Change operators.

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The President encouraged Nigerians to make economic prosperity out of the multifaceted challenges confronting the nation. “It that time for Nigeria to face the challenge and make it an economic opportunity. We must care for people and harness our farming population, including livestock farming,” he said.

 

Tinubu also expressed his commitment to partner with governors to banish hunger while he urged them to pay the current minimum wage pending the upward review of the wage award.

 

Solution To Open Grazing
Furthermore, Tinubu said he is committed to ending economic sabotage caused by herders whose cows destroy farmlands.

 

The President said, “I know what it means as an act of economic sabotage when for roaming cows to eat up the crops and vegetations of our lands. I know it could be painful but when we reorient the herders and make provision for cattle rearing, (this will end).

 

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“You are the governors who must provide the land. Provide us the land. I, as the President, I am committed to giving you in two, three weeks’ time, a comprehensive programme that will this problem.”

 

‘Student Loan Being Fine-Tuned’
He said the Student Loan programme and other programmes of his administration which ought to have commenced are being fined-tuned.

 

“The Student Loan Programme will commence. There will be employment benefits for our graduates. The social security programme for the elderly and vulnerable will commence. We are fine-tuning all of that,” he stated.

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Shake-up in EFCC as Olukoyede appoints chief of staff, 14 directors

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Ola Olukoyede, chair of the Economic and Financial Crimes Commission (EFCC), has appointed Michael Nzekwe as his chief of staff.

 

As part of a restructuring drive, Olukoyede upgraded all the zonal commands of the EFCC to departments and appointed 14 new directors.

 

A statement by Dele Oyewale, EFCC spokesperson, said the security unit of the agency has been upgraded to a department with a chief security officer at the helm.

 

“To this effect, 14 new directors have been appointed to head each of the zonal commands,” Oyewale said.

 

Additionally, to bolster and fortify the security architecture of the commission, the security unit of the EFCC has been upgraded to a department with a seasoned officer appointed as director, security and chief security officer.

 

“A new department has also been created in the executive chairman’s office and it is headed by former Makurdi zonal commander of the EFCC, Mr. Friday Ebelo who also doubles as director and coordinator, special duties at the corporate headquarters of the commission.”

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Nzekwe was the commander of the Ilorin zonal command and a course one officer.

 

Nzekwe, a lawyer and an investigator, has served in various departments in the anti-graft agency — including legal and prosecution, operations (now department of investigations), internal affairs (now department of ethics and integrity), Servicom, and asset forfeiture.

The new chief of staff has attended trainings and courses at home and abroad, including the Advance Defence Intelligence Officers Course organised by Defence Intel Agency (DIA).

 

 

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Sierra Leone energy minister resigns over electricity crisis

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 Sierra Leone’s minister of energy, Kanja Sesay, has resigned after weeks of electricity crisis in the West African nation.

 

According to BBC, in his resignation letter on Friday, Sesay said he took full responsibility for the crisis.

 

In a statement, the government said the energy ministry has been placed under the direct supervision of President Julius Maada Bio, who will be assisted by two other officials.

 

Sesay’s resignation came hours after the government paid $18.5 million to two power providers, Turkish Karpowership and Transco-CLSG group.

 

Sierra Leone owed the two producers $40 million.

 

After two months of outages, power was restored in Freetown after the payments were announced.

 

Since mid-April, Freetown and the cities of Bo, Kenema and Koidu have experienced multi-day stretches without electricity.

 

Karpowership confirmed the payment in a statement.

 

“We are pleased to confirm that the electricity supply has returned to full capacity in Freetown,” the statement reads.

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The company has been supplying electricity to Sierra Leone since 2018 from a floating offshore unit, but it had reduced its capacity from 65 megawatts to just five in recent months due to payment issues.

 

It had previously cut supplies to Sierra Leone in September over unpaid bills.

 

In October, it briefly cut power to Guinea-Bissau, saying it had been left with no option “following a protracted period of non-payment”.

 

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American School refunds $760,000 of Yahaya Bello’s children fees to EFCC

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The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

 

Dele Oyewale, spokesperson for the EFCC, confirmed the development to The Post on Saturday.

 

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

 

Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

 

Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.

 

The children are in Grade Levels 2 to 8 at the school.

 

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja in an attempt to arrest him over an alleged N80.2 billion fraud.

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While the operatives were at the house, Usman Ododo, governor of Kogi, arrived at the property and reportedly whisked Bello away.

 

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

 

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

 

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

 

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.

 

We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

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“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

 

The school said it would draw the attention of the anti-graft agency if there were any further deposits by the Bello family.

In a statement signed by Greg Hughes, AISA also said, “Ali Bello contacted the school on Friday 13 August 2021 requesting to pay the family school fees in advance until the students graduate from High School.”

 

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed that the former governor transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.
Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

 

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

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“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

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