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External auditor will examine LP’s accounts over misappropriation allegation, says Peter Obi

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The presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi, says an auditor has been contracted to examine the party’s finances.

 

It will be recalled that, on Monday, Oluchi Opara, national treasurer of the LP, accused Julius Abure, national chair of the party, of misappropriating N3.5 billion belonging to the party.

 

She said the N3.5 billion was proceeds of sale of forms and fundraising activities in the buildup to the 2023 elections.

 

The national treasurer said she was compelled to raise the alarm because the “internal mechanisms” of the party failed to hold the party chairman to account.

 

In its reaction, the party said Opara was being influenced by “external forces” intent on destroying the LP, and suspended her.

In a press conference on Thursday, Obi who was accompanied by Aisha Yesufu, a member of his 2023 campaign team, said he is not involved in the accounting of the party’s finances.

READ  LP can’t win presidential poll, Keyamo willing to bet with anything precious to him

 

He added that he is not a signatory to any of the party’s campaign accounts.

 

“I’m not involved in the party accounting. I’m not part of the party management. Even the campaign accounts, I’m not signatory to any or any groups’ accounts,” he said.

 

“The money people gave me was paid into one account or the other which was properly managed because I knew there would be days like this. I assure you, we will account for everything.

 

“That is why I am calling on every member of the public with leads to where they think these millions and billions were paid into, or given to people in cash, to come forward.

 

“People actually supported us more in kind than in cash. We had people who paid for our logistics, flights and took care of expenses.

 

“For the Labour Party issue, we are not going to solve it by saying ‘she say, they say’. We now have an independent person who will tell us which way forward.”

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Abure has threatened to sue Opara over the allegations.

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29 Generals retire from Nigerian Army

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Twenty-nine generals of the Infantry Corps of the Nigerian Army have retired from active military service.

 

Of the 29 retired infantry officers who pulled out of active service at the Jaji Military Cantonment in Kaduna State on Friday, 19 were major generals, and 10 were brigadiers general.

 

Among them is Major General Victor Ezugwu, who spoke on behalf of the retirees. He said the war against terrorism banditry will end if the proposed establishment of army aviation succeeds and the night fighting capabilities of the army infantry corps are improved.

 

As the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, Ezugwu admonished serving officers and soldiers to be proactively way ahead of the enemies in all aspects of unfolding combat scenarios.

He also urged their successors to not only sustain the modest strategic, operational, and tactical achievements made but also to surpass them.

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“The frontline is expanding and the Nigerian Army is becoming increasingly committed with the eyes of the nation and the world on it,” he said.

“Our Infantry Corps must therefore not relent or rest on her oars as the entire Nigerian Army depends largely on the Infantry Corps to achieve its core mandate and mission.

 

“I admonish the Infantry that as the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, you must be proactively way ahead of our adversaries in all aspects of the unfolding combat scenarios,” he added.

 

While calling on the Infantry Corps to review some of its tactical and operational strategies in the areas of night fighting capabilities, and frontline intelligence gathering on enemy activities, Ezeugu advised the corps to strengthen basic field crafts training in the areas of aggressive fighting patrols to dominate at least 5 km radius of their locations, ambushes, listening and observation posts as well as all levels of battle drills.

READ  Two feared dead in collapsed Abuja mall

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Tinubu’s tax reforms not to frustrate Nigerians — Shettima

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Vice President Kashim Shettima says Nigeria’s tax reforms under the administration of President Bola Tinubu is targeted at improving the system for the overall benefit of all Nigerians.

He said contrary to speculations in some quarters, “we are not here to frustrate any sector of our economy but to create an administrative system that ensures the benefits of a thriving tax system for all our citizens.”

The Vice President, represented by the Special Adviser to the President on General Duties (Office of The Vice President), Aliyu Moddibo Umar, spoke on Saturday at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee held at the Transcorp Hilton, Abuja.

According to a statement by his spokesman Stanley Nkwocha, the Vice President explained that the policy thrust of the Tinubu administration’s tax reforms, pointing out that the dynamics of the nation’s fiscal landscape prompted the Tinubu administration to pause and reconsider the direction it was going.

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“Our aim remains the revitalisation of revenue generation in Nigeria while sustaining an investment-friendly and globally competitive business environment,” he noted.

 

While expressing confidence in the ability of the committee to deliver on the mandate, the Vice President emphasised the significance of the task ahead, noting that “we are gathered today because we are transitioning from the phase of proposal in the operations of this committee’s work to the phase of implementation.

 

“I am confident that both the federal and state governments stand ready to ensure the effective implementation of your reform proposals, and we shall provide the institutional framework to guarantee the adoption of the consensuses of this committee, aligning them with our economic agenda,” he added.

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Good Morning! Here Are Some Major News Headlines In The Newspapers Today: Saboteurs switched off CCTV cameras during Kogi varsity invasion – Ododo

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1. Kogi State Governor, Usman Ododo, has blamed internal saboteurs for Thursday’s abduction of students of Confluence University of Science and Technology, Osara. The governor said preliminary investigation revealed that all the CCTV cameras installed in the school were switched off during the attack.

 

2. A medium range aircraft, Embraer 145, belonging to a premium services provider, Xejet Airlines, skidded off the runway and plunged into the grass areas of Runway 18Left of Lagos Airport on Saturday. The aircraft with 52 passengers and the crew members on board departed Abuja Airport before the incident at the runway of Lagos Airport.

 

3. Federal Capital Territory, FCT, Minister, Nyesom Wike, stormed Rivers State yesterday with a warning to his political opponents that their illegal acts stand no chance of success in the ongoing crisis in the state. Wike, the immediate past governor of the state, is currently in a stand-off with his successor and estranged godson, Siminalayi Fubara.

READ  Terrorists attack Ugandan school, kill 37

 

4. The federal government has said that the introduction of Compressed Natural Gas, CNG, buses under the Presidential CNG Initiative, PCNGI, will lead to a substantial reduction in transportation costs, ultimately helping to curb inflation. Finance Minister and Coordinating Minister of the Economy, Mr. Olawale Edun, expressed this view in Lagos on Saturday.

 

5. Foreign Affairs Minister, Yusuf Tuggar has written all the foreign missions in the country to comply with the directive of the Economic and Financial Crimes Commission, EFCC, to charge payment for visa and consular services in naira instead of dollar. Tuggar has already met with a few envoys who sought more clarifications on the EFCC’s advisory.

 

6. Authorities of the Nigerian Army have launched a probe into how some soldiers kept in guard rooms (detention) for various offences broke the facility located at the 8 Division Garrison, Sokoto. It also said it would go ahead to implement the directive of the Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja, to look into the state of all Nigerian Army detention facilities.

READ  Obi backs creation of state police, says it's a welcome development

 

7. President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country.

 

8. Former National Chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has accused the Minister of the Federal Capital Territory, Nyesom Wike, of being the mastermind of the current charged political atmosphere in Rivers State. He alleged that Wike had instructed his aides and political associates to continuously malign and sabotage the peace, progress, and prosperity of Rivers State.

 

9. The Federal Government is poised to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June 13, 2024. The funding will be received via two major development projects. The first project is the Nigeria Reforms for Economic Stabilization to Enable Transformation Development Policy Financing, which is set to receive $1.5bn.

READ  Two feared dead in collapsed Abuja mall

 

10. No fewer than 17 persons were on Saturday injured in multiple road crashes on Ota-Idiroko Road. It was learnt that 15, out of the 32 persons involved in the accident which occurred at 8:55 am around Iju Bridge, managed to escape unhurt.

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