Connect with us

News

‘It doesn’t matter if it’s grant or loan’ – Presidency replies Gov Makinde on N573bn received by states

Published

on

 

The Presidency has reacted to the raging controversy that had trailed the N573 billion received by states.

 

The response is coming in the wake of uproar the issue has generated between governors and the federal government.

 

President Bola Tinubu had during his national broadcast on the just nationwide hunger protest said the federal government gave states N573 billion as support.

 

But Governor Seyi Makinde of Oyo State had contradicted the President, saying the money was not directly from the Federal Government.

 

But a Senior Special Assistant to the President on Media and Publicity, Temitope Ajayi, said the status of the fund should not be the focus.

 

According to him, “The issue of whether it was a grant or a loan should not be at the centre of discussion but rather how the money can assist in the country’s development.

 

“I think the issue is not whether it is a loan or grant.

READ  I’ll continue to take difficult decisions — even if there’s short-term pain, says Tinubu

 

“The point, as clearly stated in the President’s broadcast, is that the states got money”.

 

Ajayi explained that “The amount, which is the second tranche under the COVID-19 livelihoods support scheme under the NG-CARES Programme funded by the World Bank, is N570 billion.

 

“The fact is states are getting needed support and funding to improve the lives of the people.

 

“The World Bank facility is guaranteed by the Federal Government because every multilateral loan must have a sovereign guarantee.

 

“There should be no hue and cry by any governor really if the objective is to serve the people and make life better for the masses.

 

“The President is elected to make life better for citizens the same way the governors are elected to do the same in their respective states”.

 

The presidential aide said Tinubu will continue to work to expand the economy and enable shared prosperity for all Nigerians.

READ  Aisha Buhari begs Nigerians: Forgive us if we haven’t met your expectations

 

“He considers the governors as partners in progress and the job of nation-building.

 

“What can’t be denied is that the states have more resources to deliver better service to the people, especially in critical areas of education, healthcare, security and physical infrastructure like roads among others”, he said.

 

Ajayi described the issue as more than just semantics, explaining that the payment was the second tranche, with the first paid in October or November last year.

 

“I think the issue here is one or two governors trying to reduce the matter to semantics. It is much more than that.

 

“The fact remains that the Federal Government paid the states the money and the N573 billion is actually the second tranche.

 

“The first tranche was paid sometime in October or November last year,” he said.

 

Makinde had described the president’s statement on the issue as “yet another case of misrepresentation of facts.”

READ  Insecurity: Tinubu meets with service chiefs at Aso Rock

 

The governor said: “The said funds were part of the World Bank-assisted NG-CARES project—a Programme for Results intervention.

 

“The World Bank facilitated an intervention to help states in Nigeria with COVID-19 Recovery. CARES means COVID-19 Action Recovery Economic Stimulus.

 

“It was called Programme for Results because states had to use their money in advance to implement the programme.

 

“After the World Bank verified the amount spent by the states, it reimbursed the states through the platform provided at the Federal level.

 

“The Federal Government did not give any state money; they were simply the conduit through which the reimbursements were made to states for money already spent.”

News

‘Please, don’t put fire in Oyo’ — Makinde tells Wike

Published

on

By

 

Seyi Makinde, governor of Oyo state, has asked Nyesom Wike, minister of the federal capital territory (FCT), not to “put fire” in his state.

Wike, in August, had warned governors elected on the platform of the Peoples Democratic Party (PDP) against interfering in the affairs of the party in Rivers state.

 

Wike and Siminalayi Fubara, governor of Rivers state, have been at loggerheads over the control of the party’s political structure in the state.

 

The rift between both chieftains of the PDP has created two factions in the Rivers house of assembly, with each camp electing a speaker loyal to the minister and the governor.

 

Bala Mohammed, governor of Bauchi state and chair of the PDP Governors’ Forum, had said the party’s structure in Rivers state will be handed over to Fubara.

Displeased by Mohammed’s comment, Wike said he would “put fire” in the states controlled by governors of the PDP siding with Fubara.

READ  86 contestants jostle for Alaafin stool

Mohammed would later reply to the FCT minister’s threat, saying he had enough water to quench Wike’s fire.

 

But speaking on Saturday at an event organised in honour of the minister by the Ijaw Peoples Congress in Port Harcourt, Makinde pleaded with Wike to spare Oyo state should he decide to make bold his threat.

“I came to identify with my brother, the celebrant of today, the honourable minister of the federal capital territory and the immediate past governor of Rivers state,” Makinde said.

 

“When I showed up yesterday, I told him I brought peace offering because he has been boasting that he will put fire in some states. I said, please, don’t put fire in Oyo state.”

‘I’M BIGGER THAN ALL OF YOU’

Addressing the crowd, Wike said he is more powerful than all the governors siding with Fubara.

“All those who are moving around saying they are supporting somebody… you know it is not correct. You know some people don’t have shame. I cannot serve your boy,” Wike said.

READ  Aisha Buhari begs Nigerians: Forgive us if we haven’t met your expectations

 

“Now, they are not even waiting, they are even rushing after the boy. They are not even waiting for the boy to call them. They are now rushing to the boy. People don’t have integrity.

“Don’t ever think that they’re fighting me. They are not fighting me. I am too big. If you don’t recognise somebody bigger than you, you know you are sick. I’m far bigger— all of them put together. They cannot stand it.

 

“When people said they will put hand here (in Rivers). I told them: if you come here and put your hand, hand too will enter your place (state). Now they are crying.”

Wike claimed that the PDP lost the governorship election in Edo to the All Progressives Congress (APC) because governors of the party lacked strategy.

 

“Instead of them (governors) concentrating on how they would win election in their state, they were holding meetings elsewhere to discuss Rivers state,” he said.

READ  Sunday Igboho: How Obasanjo, Soyinka, Akintoye, Adebanjo, others secured my release

“Who is the loser? This is a warning to others. Don’t touch Rivers state. It is a special state to God.”

Continue Reading

News

Alleged ₦3.1bn fraud: How I delivered $15.8m cash to Suswan in his residence — Witness

Published

on

By

 

Abubakar Umar, the Sixth Prosecution Witness in the trial of former governor of Benue State, Gabriel Suswam has narrated before the Federal High Court, Maitama, Abuja presided over by Justice Peter Lifu, how in 2014, he converted the sum of ₦3.1bn wired to him by Suswam as governor, and delivered its equivalent of $15.8m in cash to him at his Maitama, Abuja residence.

 

This was revealed in a statement by Head, Media & Publicity, the Economic and Financial Crimes Commission, Dele Oyewale on Saturday.

 

Suswan, alongside his then Commissioner of Finance, Omodachi Okolobia facing 11-count amended charges of money laundering to the tune of ₦3.1bn, being part of the proceeds from the sales of the state government’s shares held on its behalf by the Benue Investment and Property Company Limited, sold through Elixir Securities Limited and Elixir Investment Partners Limited.

 

During the court’s proceedings, the witness, a bureau de change operator and CEO of Fanffash Resources, who has been testifying on the matter since 2018, first, before Justice A.R Mohammed and later Justice Okon Abang, disclosed that the total sum of Suswan, alongside his then Commissioner of Finance, Omodachi Okolobia are facing 11-count amended charges of money laundering to the tune of ₦3.1bn was transferred to him by Suswam, through a proxy in tranches with the first tranche of ₦413m hitting his account on August 8, 2014 and the remaining, coming in subsequently to sum up to ₦3.1bn.

READ  Soldiers arrest 116 suspects during raids on criminal hideouts in Lagos

 

Umar, while being led in evidence by prosecution counsel, Rotimi Jacobs, SAN, affirmed that the proxy who did the naira transfers to him was a woman.

 

According to the witness, he had to change a total sum of ₦3.1bn to dollars, which he said amounted to $15.8 million at the rate of ₦197 to a dollar and delivered it to Suswam in his Maitama, Abuja residence.

 

“One day in 2014, when I was in the office, the former governor of Benue State asked me to meet him in his house in Maitama, Abuja. I went and met him in the house together with one fair woman. He asked me to give the woman my account number. I gave the woman my Zenith Bank account number. The woman said she’ll send money into that account.

 

“On the 8th of August 2014, N413 million was transferred to my account. Based on this, I called the former governor and he told me to change the money to dollars and I asked him to give me time to do that. Three days after I bought the dollar equivalent, I called the former governor and informed him that the money was ready. He now asked me to take the money to his house in Maitama, near Jumat Mosque. I now told him that he should inform the security at the gate that I was coming, if not they’ll not allow me access into the gate. I took a cab to the house, and after I arrived at the house, I knocked at the gate and they opened. I told them my name. They opened the first and second gates and I sat in the waiting room where he came and met me. I now brought out the money which we both confirmed to be the equivalent of the N413 million. The exchange rate then was N197”, he said.

READ  FULL LIST: Four ex-govs, seven women, 17 others: Meet Tinubu’s ministerial nominees

 

Testifying further, he said, “On the 12th of September 2014, N637 million was transferred to my account. After N637million was transferred to my account, after like 40 minutes N363 million was also transferred into my account. On 13th October 2014, N630, 008,50, (Six Hundred and Thirty Million, Eight Thousand and Fifty Naira) was also transferred to my account. On 17th October 2014 1,0068,000 (One Billion, Sixty-eight Million) was transferred to my account. It is the woman that was directed by the former governor to do the transfers. The total money transferred to my account was N3 billion”.

 

The witness who stated that he was neither arrested by the EFCC for giving any testimony in favor of the defendant, nor threatened by the Commission to give evidence against the defendant, further disclosed that he did not have receipts for the transactions, so also no record book for them, stating that he buys dollars from his fellow retailers and only records based on discretion.

READ  Major news headlines in the papers today: Police arrest pastor over defilement of two sisters

 

Justice Lifu adjourned the matter till October 4,2024, for continuation of trial.

Continue Reading

News

17 killed in mass shooting in South Africa

Published

on

By

Seventeen people have been killed in a mass shooting in a remote South African town.

According to the BBC, the police said two homesteads in the town of Lusikisiki in the Eastern Cape, were targeted.

At least 12 women and one man were said to have been killed in one location, with three women and one man murdered in a second location.

An 18th victim is in critical condition in hospital.

The police said a manhunt for the perpetrators is under way.

Senzo Mchunu, the police minister, is expected to provide an update and visit the area where the attack occurred.

South African media report that the victims were preparing to attend a traditional mourning ceremony for a mother and daughter who were murdered a year ago.

They were packing goods and presents, including furniture, for the event when the attacked occurred on Friday night.

“The gunmen came and shot randomly, killing everyone. Women and children were also killed in the bloody shooting,“ the reports read.

READ  Sunday Igboho: How Obasanjo, Soyinka, Akintoye, Adebanjo, others secured my release

“This has left the community terrified.”

Officials are yet to determine the motive or make any arrests.

Continue Reading

Trending News