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SECURITY ALERT: DSS raises alarm on plot to kidnap National Assembly members, assassination – DSS

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The Department of State Services (DSS) on Tuesday raised alarm that certain groups and individuals intend to cause a breakdown of law and order in the country.

The Service said this is more so as it has observed that some persons who are desperately seeking power use wrong and skewed narratives to not only mislead citizens but overheat the polity.

It said already, such persons are exploiting and politicising the issue of insecurity in parts of the country for pecuniary and other selfish reasons.

Addressing reporters at the DSS headquarters, Public Relations Officer of the Service, Dr Peter Afunanya, said many simply want to use the situation to cause divisions among citizens, seek cheap popularity and/or present the country as ungovernable.

The Service also raised alarm that recessing members of National Assembly and State Houses of Assembly and other public and private sector workers on vacation may be predisposed to threats of various degrees.

This, it said, also applies to Nigerians who may travel from within and outside the country to join their loved ones for the celebrations.

These individuals, the Service said, are susceptible to kidnapping, hijack, assassinations, armed robbery and political manipulations

The DSS also accused the legal team of leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, of misleading the public with fake news about how their client is treated in custody.

It said contrary to what is being peddled, Kanu is not being starved or ill treated in any way.

Afunanya said: “The Service, therefore, warns that those who are involved in these should desist from such destabilising acts.

“It also enjoins politicians to play by the rule and avoid statements or activities capable of inflaming the fires of division and violence prior to 2023 elections.

“Opinion moulders like the clergy, religious and traditional rulers are also to guard their utterances and avoid inciting pronouncements.

“In a related development, it is common knowledge that criminal elements will heighten their inglorious activities before, during and after the festive periods.

“Therefore, religious and community leaders, hoteliers and operators of markets, parks, recreational and relaxation centres are to be at alert and watch strange movements and activities around their facilities.

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“Such facilities include places of worship, palaces, markets, schools and other public buildings.

“Owners and operators of these public spaces and their patrons should endeavour to isolate and report suspected rogues to security agencies for prompt response.

“Consequently, the Service’s interactive website and complaint lines will remain active and available to the public.

“Its formations at the State and local Government levels will be open 24 hours of the day. This is in line with the Service’s commitment and support to the populace.

“As schools vacate and students return home for holidays, there is likelihood that subversive gangs will target them for recruitment for undesirable intents.

“These may include but not limited to financial crimes, armed robbery, civil disobedience and violent protests, substance abuse, banditry and kidnapping.

“In this respect, parents and guardians are advised to be watchful of their children and wards and ensure that they do not engage in unlawful acts.

“Aside students, recessing members of National Assembly/State Houses of Assembly and other public/private sector workers on vacation may be predisposed to threats of various degrees.

“This also applies to Nigerians who may travel from within and outside the country to join their loved ones for the celebrations.

“These individuals are susceptible to kidnapping, hijack, assassinations, armed robbery and political manipulations.

“They are advised to be security conscious in order not to fall victims of these attacks and destructive political maneuvers.

“Let me reiterate at this juncture that those who sponsor kidnapping, banditry, terrorism, insurgency and all kinds of attacks on security agents, civilians and vulnerable populations should have a rethink.

“These persons, whether in the North or South, know themselves. There is no doubt that they have crossed the lines and it is now time to crush them.

“On IPOB and the alleged ill-treatment of its detained leader, the Service has, without any fear of contradiction, applied restraint in making public statements over the matter.

“The reason is simply because it avoids joining issues especially over a matter that is sub-judice. But for the sake of transparency and democratic accountability, the Service has decided to make some clarifications.

“It (the Service) denies all the inciting allegations by IPOB and states that:

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“Nnamdi Kanu is not, in any way, maltreated in custody. Accusations of maltreatment negate the Service’s Standard Operation Procedure on the implementation of rights of a suspect;

“Nnamdi Kanu enjoys full luxury in the holding facility incomparable to any of its type anywhere in the country. He is accorded full rights and privileges. He is never denied his right of worship or freedom from his select religious practice.

“Adequate attention is paid to Kanu’s health. He has unhindered access to the best medical care and doctors.

“Kanu, himself, has confirmed to his visitors that the Service has never, in any way, maltreated him. He even confirmed this to the quartet of Senators Ike Ekweremadu and Enyinnaya Abaribe; Bishop Sunday Onuoha of the Methodist Church, Nigeria and Co-Chair, Interfaith Dialogue Forum for Peace and Ambassador Okechukwu Emuchay, MFR, Secretary-General, Ohanaeze Ndigbo, who saw him on Wednesday, 8th December, 2021.

“The story of Kanu being starved is fallacious. He could not have been starved as he enjoys meals of his choice. That he is not allowed change of clothing is also false.

“He is regularly allowed change of clothing as against what is presented to the public by IPOB propagandists. Assuming he is being maltreated, how come his visitors told him he was looking well?

“All the allegations of violation of his rights as a suspect, victimization and starvation among others are not true.

“It is unfortunate that some elements have decided to use outright misinformation to represent the state of affairs.

“Those who make these false stories do so to attract undue attention for the singular purpose of achieving a desired end.

“Rather than focus on how he should get justice, Kanu’s legal team and some mischievous elements among them have chosen to use fake news to mislead the public.

“While the Court in its wisdom ordered that Kanu be remanded in the safer DSS Custody, some of his legal representatives, for reasons best known to them, preferred Kuje Prison and have failed to explain the rationale for such choice.

“It may interest the public to note that a particular lawyer among Kanu’s Team is feasting on the matter such that one can conclude that his interest is beyond getting justice for his client. Be that as it may, the Court has the final say on the matter.

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“Instructively, the media is reminded of its duty in national security. As influencers, media practitioners are called upon to use their platforms to pursue peaceful coexistence.

“They must commit themselves to the unity of the country and shun misinformation, fake news, hate speech and such other misleading narratives.

“Journalists, while discharging their constitutional roles, are enjoined to be objective, conflict-sensitive and patriotic in their reportage.

“Overall, citizens and residents are advised to cooperate with security and law enforcement agencies for lasting peace in the country.

“They should be wary of efforts designed from within and outside the shores of the country to misdirect or use them to undermine public order. Therefore, they should exercise caution in the way and manner they may conduct their affairs during the festivities and beyond.

“On its part, the Service will continue to collaborate with other sister agencies and relevant stakeholders to ensure that all law abiding citizens and residents pursue their legitimate businesses without hindrances.

“While it has become expedient to issue these warnings and advisories, the Service maintains that it will not hesitate to deal, in accordance with the law, with those who may wish to test its resolve in ensuring internal security and national stability before, during and after the yuletide.

“For those that wish to, they must note that nemesis and the long hands of the law will definitely catch up with them.

“For emphasis, no one, no matter how highly placed, will be allowed to take laws into his or her hands.

“Finally, the DG, Management and Staff of the DSS appreciate everyone who has supported the Service in its effort to ensure peace and security in the country.

“Let us remember that security is the responsibility of everyone. Let us support security agencies to achieve the desired peace for our country.

“We wish every one of you and indeed all Nigerians a hitch free yuletide season. As we look forward to a new year, we wish you a prosperous 2022.”

 

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‘It’s false, mischievous’ — EFCC denies releasing list of ex-governors under probe for corruption

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The Economic and Financial Crimes Commission (EFCC), on Sunday, denied the report that it released a list of ex-governors being investigated for alleged corruption.

In a statement by Dele Oyewale, EFCC’s head of media and publicity, the agency described the report as “false and mischievous”.

Citing a report titled “EFCC Releases Full List of 58 Ex- Governors that Embezzled N2.187 Trillion”, the anti-graft agency said the commission neither issued the said list nor entertained discussions on investigation of ex-governors with any news medium.

 

“This invariably means that the so-called list is a disingenuous fabrication designed to achieve motives known only to the authors,” the statement reads.

 

“The public is enjoined to ignore the report as it is false and misleading.

“The media is advised to endeavour to crosscheck facts pertaining to matters under investigation with the Commission to avoid misleading the public with false and inaccurate reports.”

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Good Morning! Here Are Some Major News Headlines In The Newspapers For Today: Archbishop, wife, son, three other clergymen kidnapped in Abia

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1. Archbishop Uka Uka Osim of the Brotherhood of the Cross and Star, his wife, Anne Osim and son, Roland Uka Osim, have been kidnapped. They and three other clergymen of Brotherhood of the Cross and Star, were abducted in Abia State on May 1, 2024.

 

2. The Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar, on Saturday, urged prayers by Nigerians for the country and its leaders to be able to overcome the problems confronting the country. He said the current socio-political problems in the country were not peculiar to Nigeria and would be overcome with prayers and support of the generality of the people.

 

3. Gunmen have killed Malam Kabiru Mohammed, the village head of Marke in Dandamisa Ward, Makarfi Local Government Area of Kaduna State. It was gathered that the gunmen, suspected to be hired killers, entered the residence of the victim at about 12:30 am on Thursday and sent everyone out of the compound.

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4. DStv and GOtv customers in Nigeria have been notified to expect disruption in service from Sunday, May 5, to Tuesday, May 7, due to the ongoing construction project on the Lagos-Calabar Coastal Highway. In a notice shared on social media on Friday, DStv assured customers that its technical team will be working to relocate its facility and minimise service disruptions during the process.

5. A woman, her toddler and a motorcyclist popularly known as Okada rider were reportedly involved in a car accident on the Festac Link Bridge in the Ammuo Odofin Local Government Area of Lagos State on Saturday night. It was gathered that the incident occurred at about 11:00pm. The victims were unconscious when they were rushed to the hospital.

 

6. Gunmen suspected to be bandits have reportedly killed three villagers in the Ogbaulu community of Agatu Local Government Area of Benúe State. A local who disclosed this on Saturday said that the victims were working on their separate farms on Friday afternoon when the bandits attacked them.

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7. Organised Labour, weekend, fired back at state governors, warning them against inflammatory utterances that could set the nation’s industrial space on fire over the new national minimum wage. It faulted the statement credited to the governors through the Nigerian Governors’ Forum, NGF, that they were working on what individual states could sustainably pay

 

8. Abia State Governor, Dr. Alex Otti, has said that a “real” airport would soon be built in the state to ease the movement of goods and services. Otti who disclosed this while receiving the Deputy Speaker, House of Representatives, Hon Benjamin Kalu, in his country home, said he had already held a meeting with the Minister of Aviation in this regard.

 

9. The National Secretary of the All Progressives Congress, APC, Dr. Ajibola Basiru, has accused the presidential candidate of the New Nigeria People’s Party, NNPP, Rabiu Kwankwaso of fuelling the purported call for the removal of the National Chairman of APC, Abdullahi Ganduje. Basiru said the call for the removal is a ‘mere circus’ orchestrated by Kwankwaso and his ‘dying’ party, NNPP.

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10. The lawmaker representing Abakaliki North Constituency in Ebonyi State House of Assembly, Hon Victor Nwoke has dumped the Peoples Democratic Party, PDP, for the All Progressives Congress, APC. The lawmaker joined APC with his supporters. He said the intractable crises in PDP forced him out of the party.

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Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

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Fitch, a global rating agency, has reviewed Nigeria’s outlook to positive from stable.

A credit rating is a measure of how likely a company or government entity can pay back its debts, based on an independent assessment of its financial health.

Fitch, in a statement on May 3, said the positive outlook partly reflects reforms implemented over the past year to support the restoration of macroeconomic stability and enhance policy coherence and credibility.

 

“Exchange rate and monetary policy frameworks have been adjusted, fuel subsidies reduced, coordination between the ministry of finance and the Central Bank of Nigeria (CBN) improved, central bank financing of the government scaled back and administrative efficiency measures are being taken to raise the currently low government revenue, as well as oil production,” Fitch said.

 

Fitch said the reforms have lessened distortions stemming from previous “unconventional monetary and exchange rate policies,” leading to the return of sizeable inflows to the official foreign exchange (FX) market.

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“Nevertheless, we see significant short-term challenges, notably, inflation is high and the FX market has yet to stabilise, and the durability of the commitment to reform is to be tested,” the credit agency said.

“The CBN has stepped up efforts to reform the monetary and exchange rate framework following last year’s unification of the multiple exchange rate windows, and the large differential between the official and parallel market rates has collapsed.

 

“Average daily FX turnover at the official FX window has risen sharply from 2H23, and there has been clearance of USD4.5 billion of the backlog of unpaid FX forwards (the validity of the outstanding USD2.2 billion is being assessed by CBN), and weekly sales of FC to bureaux de changes (BDCs) have resumed (having been suspended since 2021).”

‘RETURN OF SIZEABLE NON-RESIDENT INFLOWS’

Fitch said increased formalisation of FX activity and monetary policy tightening has contributed to a notable rise in foreign portfolio investment inflows and a fast appreciation of the naira at the official FX window.

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According to the company, this followed the 71 percent “post-liberalisation depreciation between June 2023 and mid-March 2024”.

 

However, the credit rating agency said the exchange rate remains volatile.

Fitch said the continued lack of clarity on the size of net FX reserves is a constraint on Nigeria’s sovereign’s credit profile.

‘FURTHER MONETARY POLICY TIGHTENING ANTICIPATED’

In March, the Central Bank of Nigeria (CBN) raised the monetary policy rate (MPR), which benchmarks interest rates, from 22.75 percent to 24.75 percent.

 

Fitch said it expects further increases in the CBN monetary policy rate in the second half of 2024 and “strengthening of monetary policy transmission, after the recent resumption of open market operations at rates closely aligned to the MPR”.

“We project inflation, which rose to 33.2% yoy in March due partly to exchange rate pass-through and rising food prices, to average 26.3% in 2024 and 18.2% in 2025, still well above our projected ‘B’ median of 4.5%,” Fitch said.

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In December 2023, Moody’s, a US-based rating agency, also revised its outlook for Nigeria from stable to positive.

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