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You’re inconsequential to decide for Ndigbo, IPOB tells S’east Govs

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The Indigenous People of Biafra (IPOB) has condemned the South East Governors and other political leaders in the region over the disowning and condemnation statement credited to them against the group and its security outfit, Eastern Security Network, ESN.

The group said it was regrettable that the Igbo leaders would be quick to disown and betray their own in their quest to appease their slave masters.

In a statement issued by the Media and Publicity Secretary, Emma Powerful, IPOB who noted that the leaders had since lost grip and control of the masses, explained that the move was a desperate attempt to regain the trust of their paymasters.

The statement read in part, “The attention of the Indigenous People of Biafra (IPOB) ably led by our great leader, Mazi Nnamdi Kanu, has been drawn to the purported disowning and condemnation of IPOB and the Eastern Security Network, ESN, by the frustrated South East Governors and few self-centered political leaders in the region.

“We are not however, surprised because they were the same people to proscribe us before the federal government tagged us terrorists.

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“The purported statement by these shameless political generals without foot soldiers has only further exposed them as Caliphate boot-leakers. They know too well that they have since lost grip and control of the masses, hence, their desperation to regain the trust of their paymasters.

“The only publicly disowned IPOB thinking that doing so will make them regain the trust and favour of the Caliphate.

“The governors, Ohanaeze Ndigbo and the handful traitors masquerading as the Igbo political elite should wake up to the realities that they have since lost the confidence of the people. We understand the worry of these governors: They are rattled by the unflinching support and loyalty of the masses to IPOB.

“It’s only unfortunate, shameful and disgraceful that the so-called Igbo leaders will be quick to disown and betray their own in their quest to appease their slave masters. The South East Governors again, in 2017 they sat together in Enugu State to proscribe IPOB and federal government declared them terrorists with the support of South East Governors while they are not.

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“To their shame, how many times have their Northern counterparts disowned the bloody terrorists, bandits and Fulani herdsmen rampaging the country?

“So, the South East self-acclaimed Leaders are quick to disown IPOB and ESN, yet they are calling us to accept the calls for peaceful negotiations? What a hypocrisy!

“How can South East governors be so desperate for power beyond 2023 that they can sacrifice anything and anybody for personal gains? In case they don’t know, even the Northerners they are trying to impress understand the handwriting on the wall. They know that the governors are on their own. They can’t decide for the over 70 million Biafrans home and abroad.

“How can five South East governors determine the fate of over 70m people? These South East Vassals should know that during referendum, they only have one vote just like the man on the street.

“If these politicians are discerning enough, they should know that they should first push for referendum to determine if the people they pretend to be speaking for actually have their support. No matter their pretenses, our people are tired of One Nigeria. They have since opted for Biafra, and there is no going back on this irrevocable resolve!

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“We want to unequivocally declare again, that the five South East governors and the few self-appointed Igbo elite are too infinitesimal to speak for the millions of Biafrans who are tired of being held hostage in this contraption called Nigeria. They don’t even command the loyalty of all their appointees let alone the egalitarian Igbo nation that never gave them the stolen mandate they parade.

“Anybody listening to these traitors does so to his peril. There is no negotiation on the people’s resolve to restore Biafra where human dignity will be respected.”

 

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Five pro-Wike commissioners quit Fubara’s cabinet

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A fresh wave of mass resignations has hit the Rivers State Government headed by Governor Siminalayi Fubara after five more commissioners, who are loyal to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, have resigned from the governor’s cabinet.

 

Those who resigned are Chinedu Mmom (from the Ministry of Education), Gift Worlu (from the Ministry of Housing) and Jacobson Nbina (from the Ministry of Transport).

 

Inime Aguma resigned as the Commissioner for Social Welfare and Rehabilitation saying “there is no room for progressional development in the work place”.

 

Austin Ben-Chioma also resigned as the Commissioner for Environment “due to the political crisis befalling our dear Rivers State and other personal reasons”.

 

Mmom and Worlu cited a toxic working environment as the main reason for their exit while Nbina cited “unresolved political crisis” in the state as his reason for exit.

 

The five persons were among the commissioners who first resigned from the governor’s cabinet last December in the wake of the political crisis in the state but were readmitted into Fubara’s cabinet following President Bola Tinubu’s intervention.

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Earlier, three commissioners, Zacchaeus Adangor, Emeka Woke and Alabo George-Kelly also resigned from the Ministries of Justice, Special Projects and Works respectively.

 

Governor Fubara recently announced a plan by his administration to set up a panel of inquiry to probe the governance of the state under the Wike administration.

The governor accused his opponents of deliberately sabotaging his administration while he was hoping that the issue in the state would be resolved amicably.

 

The move was the latest twist in the political crisis rocking the oil-rich state. The development has seen a deepening of the feud between Fubara and the state House of Assembly.

 

Last week, lawmakers loyal to the governor elected a new speaker. Fubara had also issued an executive order relocating the sitting venue of the Rivers State House of Assembly to the Government House, citing safety concerns.

 

The feud is due to the fallout between Fubara and his predecessor and current Minister of the FCT Nyesom Wike. President Tinubu had waded into the crisis last year but the imbroglio appears to be far from over.

READ  Kumuyi cancels South-East crusade over IPOB threat

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Atiku condemns FG’s plan to use N20trn pension fund for infrastructure projects

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Atiku Abubakar, former vice-president, has condemned the Federal Government’s plan to use Nigeria’s pension fund to finance infrastructure projects.

 

In a post on X on Wednesday, Abubakar said it is a misguided initiative that must be stopped immediately.

 

On May 14, Wale Edun, the finance minister and coordinating minister of the economy, said the government has unveiled a strategic plan to harness the N20 trillion pension fund and other locally available resources for infrastructure development in Nigeria.

 

Edun said it was a significant step towards driving economic progress and addressing critical infrastructure needs.

 

However, Abubakar warned the decision could have devastating effects on the lives of Nigerians who have worked hard, saved money, and now rely on their pensions after retiring from service.

 

“My attention is drawn to a disturbing disclosure by the finance minister and coordinating minister of the economy, Wale Edun, as he addressed state house correspondents after the federal executive council (FEC) meeting at the presidential villa on Tuesday, 14 May,” Abubakar said.

 

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“There is, according to the minister, a move by the federal government to rev up economic growth by unlocking N20 trillion from the nation’s pension funds and other funds to finance critical infrastructure projects across the country.

 

“The minister has indicated that although “the initiative is expected to attract foreign investment interest over time”, domestic savings are his ‘immediate focus’ for now.

 

“He provided no useful details, such as the percentage of the funds to be mopped up from the pension funds, for example.

 

“Even at that, this move must be halted immediately!  It is a misguided initiative that could lead to disastrous consequences on the lives of Nigeria’s hardworking men and women who toiled and saved and who now survive on their pensions having retired from service.

 

“It is another attempt to perpetrate illegality by the federal government.”

 

FG MUST ABIDE BY PROVISIONS OF PENSION REFORM ACT 2014

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Abubakar said the government must be cautioned to act strictly within the provisions of the Pension Reform Act of 2014 (PRA 2014), along with the revised Regulation on Investment of Pension Funds Assets issued by the National Pension Commission (PenCom).

 

“In particular, the federal government must not act contrary to the provisions of the extant Regulation on investment limits to which Pension Funds can invest no more than 5% of total pension funds’ assets in infrastructure investments,” Abubakar said.

 

“I note that as of December 2023, total pension funds assets were approximately N18 trillion, of which 75% of these are investments in FGN Securities.

 

“There is NO free Pension Funds that is more than 5% of the total value of the nation’s pension fund for Mr. Edun to fiddle with.”

 

He said there are no easy ways to address the challenges of funding infrastructure development in Nigeria.

Abubakar added that the minister needs to implement the necessary reforms to regain investor confidence in the Nigerian economy and to leverage private resources, skills, and technology.

 

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BREAKING: Nigeria’s inflation rate rises to 33.69%

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The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose to 33.69 percent in April, as prices of food and non-alcoholic beverages soared.

 

The NBS shared the inflation data in its consumer price index (CPI) report on Wednesday.

 

“Looking at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the March 2024 headline inflation rate,” the NBS said.

 

“On a year-on-year basis, the headline inflation rate was 11.47% points higher compared to the rate recorded in April 2023, which was 22.22%.”

 

Details later…

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