Friday, 20 September 2019

CASHLESS TRANSACTIONS: CUSTOMERS TO PAY MORE FOR POS TRANSACTIONS

BANK customers are to pay more for Point of Sale (PoS) transactions. This follows a Central Bank of Nigeria’s directive to banks to charge N50 Stamp Duty on individual transactions.

The directive on the Unbundling of Merchant Settlement Amounts was contained in the CBN circular to banks, processors and switches, titled: “Review of Process for Merchants Collections on Electronic Transactions”.

The new policy stipulates Stamp Duties Payment on individual transactions that occur on PoS, rather than previous plans where charges occurred on aggregate transactions.

The circular signed by CBN Director, Payments System Management Department, Sam Okojere,  authorised banks to unbundle merchant settlement amounts and charge applicable taxes and duties on individual transactions as stipulated by regulators.

Merchant Service Charge was also reviewed downward from 0.75 per cent (capped at N1, 200) to 0.50 per cent (capped at N1, 000).

The CBN and Nigeria Interbank Settlement System (NIBSS) are working closely, including setting emittance processes that ensure the stamp duty charges for PoS is collected.

In a NIBSS report titled: “Returns on Stamp Duty Collection for Merchant Transactions”, the payment agency said the new stamp duty payment plan is in line with the provision of the Stamp Duties Act and Federal Government Financial Regulation 2009.

The policy, it added, was aimed at ensuring strict adherence to the CBN guideline communication on the subject, collection and Remittance of Statutory Charges on receipts to Nigeria postal Service under the Stamp Duties Act dated 15th January 2016.

The procedural processing guide for stamp duty Charges for PoS, web merchant and all deposit money banks (DMBs) should download daily PoS/Web settlement report from their respective processors settlement file transfer portal.

Also, the PoS and web settlement processing officer shall ensure that stamp duties are correctly processed daily by downloading daily PoS/web transactions valued at N1,000 and above, noting the count of these transactions; multiply the count of these transactions by N50 and pass the corresponding debit/charge to the respective merchant accounts.

“The debit should be passed to the merchant accounts account at the point of PoS/ Web merchant Credit/Settlement to mitigate against the inability of the Deposit Money Banks (DMBs) to successfully secure these daily stamp duties charges and remit as expected. These charges are expected to be deposited into the already opened stamp duty collections account at the various DMBs and should form part of the weekly Stamp Duty rendition by the DMBs to NIBSS,” it added.

The NIBSS data showed the total volumes of PoS transactions for 2017 stood at 146.3 million which was worth N1.4 trillion; 285.9 million transactions in 2018 worth N2.3 trillion and 187.7 million for six months- January to June 2019 worth N1.4 trillion.

Thursday, 19 September 2019

MIDDLE BELT YOUTHS BERATE GOV WIKE, SAY HE HAS CROSSED ‘THE RED LINE’

Middle Belt PDP Progressive Youth Forum, a socio-political pressure group made of PDP youths in the Middle Belt region of Nigeria, has lambasted Governor Nyesom Wike of Rivers State over his recent statement, accusing the panel set up by the PDP Board of Trustees (BOT) of Corruption.

Wike The Panel which has prominent leaders of the Party from the Middle Belt region of Nigeria was set up to resolve the Minority Leadership crisis in the House of Representatives.

The group in a strongly worded statement titled, “INSULT ON AYU, MARK, MANTU: WIKE HAS CROSS THE RED LINE, signed by the Chairman, Gabriel Mudgat, Secretary, Alh. Ibrahim Nadama and Women Coordinator, Hon. Liatu Daniel condemned the statement in its entirety and said that it was an unwarranted abuse on the highly regarded leaders of their region and Political party.

The youths in the statement made available to journalists on Friday 13th September 2019 in Abuja, described Governor Wike as not a uniting factor in party politics, saying he who cannot thrive without “crisis’’.

“But let it be known to him that the Middle Belt is not part of his political fiefdom. He has certainly crossed the red line by insulting the cream of Middle Belt political leaders and statesmen,” the group stated, warning and demanding, that Governor Wike “must immediately withdraw the defamatory statement against Senators Ayu, Mark, Mantu and others with an unreserved public apology”.

The Statement Reads in full:
[i] INSULT ON AYU, MARK, MANTU: WIKE HAS CROSSED THE READ LINE

As a group with a clear mandate to protect and promote the principles of democracy, justice, equity, and the political and socio-economic emancipation of the people of Middle Belt Region of Nigeria as enunciated by the founding fathers of the Region led by the Great Joseph Sarwuan Tarka of blessed memory, we express our utmost displeasure over recent reports wherein the Governor of Rivers State, His Excellency, Governor Nyesom Wike, abused our foremost leaders.

In the reports, Governor Wike allegedly described Distinguished Senator (Prof) Iyorchia Ayu, a former President of the Senate; Distinguished Senator David Mark, a former President of the Senate; and Distinguished Senator Ibrahim Mantu, a former Deputy President of the Senate as well as other respected National leaders from other regions, including the Distinguished Senator Adolphus Wabara, another former Senate President, etc. appointed into the Peoples Democratic Party (PDP) Board of Trustees (BoT) to investigate the Minority leadership crisis in the House of Representatives as allegedly most corrupt.

As if that was not enough, he not only congratulated President Muhammadu Buhari, candidate of the APC, on his victory over the PDP presidential candidate, Alhaji Atiku Abubakar, at the Presidential Election Petition Tribunal, even when the party had just indicated that it would appeal to the Supreme Court, but also thoroughly insulted brother PDP Governors.

Wike boasted and threatened to deal with the PDP, which built him from the scratch, politically. Much as we find these statements very distasteful, disrespectful, embarrassing, arrogant, and bombastic, they only go further to affirm our claims on Governor Wike.
To characterise Middle Belt leaders, including elder statesmen, whose political exposure dwarf his, shows that he needs some housekeeping in his political manners. Now, we are further convinced that Wike is a man, who cannot thrive without crisis.

Governor Wike’s alleged threat to deal with the PDP and PDP Governors further confirm that the evils of impunity of one man dictating the tune and everyone else dancing sheepishly to it, which dethroned the PDP from power, has inadvertently mutated to Rivers State Government House.

Wike’s alleged threats are part of his annoying and erroneous assumption that one state is equal or above the other 35 states and Abuja. Such impressions are sufficient notice that power should not be concentrated in one hand, for power corrupts, and absolute power corrupts absolutely.

Indeed Wike’s reckless statements, excesses, and brigandage are clear pointers to what awaits the nation and the PDP if he finds himself in higher corridors of power and influence, for no nation or party can survive his combined effects of Donald Trump, Boris Johnson, and Buhari constituted in one man. By threatening to allegedly fight the PDP to a standstill, Wike is putting everyone on notice of intention to disrupt the party again and move on.

If he has the self-proclaimed political Midas touch as he claims, how come it did not come to play in the 2019 general election? Wike was the last governorship candidate to be declared winner despite having no challenger in the real sense of it.

But his fellow PDP governors he insults today won their elections or reelection at a go, with some unseating APC incumbents or their anointed ones even without the economic leverage that Wike enjoys.

Lastly, Wike’s uncanny congratulatory message to Buhari when the PDP is still going to court is quite remarkable and speaks volumes when viewed alongside his threat to deal with the PDP in 2018 over efforts to shift the venue of the National Convention and Presidential Primary from Port Harcourt.

If his congratulation of Buhari is not anti-party, what else is, especially when he has sabotaged the intention of the party to go to the Supreme Court because his congratulatory message is persuasive authority for the Supreme Court to rule against the PDP? Wike, the cricket is roasting in the fire but claims he is emitting oil.
But let it be known to him that the Middle Belt is not part of his political fiefdom. He has certainly crossed the red line by insulting the cream of Middle Belt political leaders and statesmen.

He must immediately withdraw the defamatory statement against Senators Ayu, Mark, Mantu and others with an unreserved public apology. Those, whose palm kernels were cracked by benevolent spirits, should learn to show humility.

POLICE ARREST ANOTHER WOMEN KILLER SUSPECT IN RIVERS HOTEL, RESCUE WOMAN

Personnel of the Rivers State Police Command on Wednesday rescued a young woman, who was almost strangled in a hotel in Mile 4 axis of Port Harcourt, the Rivers State capital.

The woman, whose name could not be immediately ascertained, was said to have struggled with the man, who attempted to choke her with a pillow while she was asleep.

State Police Commissioner, Mr. Mustapha Dandaura, disclosed this while speaking with scores of women protesting the serial killing of young females in hotels in some parts of the state.

Our correspondent gathered that the woman had slept off, but woke up coincidentally around 2:00 a.m. to notice that the man had carried a pillow to choke her to death.

A source from Mile 4 said the woman began to raise the alarm when the man became violent and struggled with her as she tried to approach the door.

“The woman went into the hotel on the man’s invitation and when she slept off, the man tried to kill her with a pillow. She was lucky to have woken up as the man tried to press her down.

“The woman immediately began to shout and the people in the hotel called the police, who raced to the place and forced the door open. They (police) eventually rescued the woman and arrested the man,” the source said.

Confirming the incident, the State CP said the suspected killer was arrested by his men when they got to the hotel, adding that a thorough investigation had commenced on the matter.

Speaking with our correspondent on Wednesday, the State Police Public Relations Officer, Mr. Nnamdi Omoni, said the suspect had been moved to the State Criminal Investigation Department of the Police Command.

Omoni explained that preliminary investigation indicated that the suspected killer was an indigene of Akwa Ibom State.

He said, “The young woman escaped because she was able to raise the alarm around 2:00 a.m. She was sleeping when she suddenly woke up and saw the man who brought her to the hotel charging at her.

“He is from Akwa Ibom and a builder. He told us he is a school dropout.

“The people in the hotel called the police, who rushed to the place, rescued the young woman and arrested the man."

Tuesday, 17 September 2019

MINIMUM WAGE: FG, LABOUR MEETING END IN DEADLOCK


Report reaching our news desk has it that discussions between the Federal Government and the Joint National Public Service Negotiating Council over the N30,000 national minimum wage ended in a deadlock again as both parties refused to shift ground.

A source in the labour movement said after the meeting held on Monday that the representatives of government were not serious.
We can reliably report that although Buhari had signed a new minimum wage into law on April 18, 2019, the negotiations between the Federal Government and the JNPSNC had earlier broken down due to unresolved irreconcilable differences in their proposals.

The last negotiation which was supposed to hold on September 4, was suspended on Tuesday last week and rescheduled to hold on Monday September 16 at the instance of the officials.
While the Federal Government proposed 9.5 per cent salary increase for employees on grade levels 07 to 14 and five per cent for those on grade levels 15 to 17, the Nigeria Labour Congress and Trade Union Congress of Nigeria were demanding 30 per cent increase for officers on grade levels 07 to 14 and 25 per cent increase for grade levels 15 to 17.

A labour source said, “We have discovered that the government is not serious at all; a mandate was given to the government side to take the position of labour and government’s team to President Muhammadu Buhari and report back at the meeting.

“But we discovered that they didn’t do it; they are just taking us for a ride. So, we are reporting that the meeting was deadlocked and our next line of action will be to report to our parent unions.”

Sunday, 15 September 2019

WHO ARE HIGH CHIEF O.B. LULU-BRIGGS’ BIOLOGICAL CHILDREN; AS WIDOW, SEINYE RUSHES TO READ WILL?

Introduction:

Seinye has gone ahead to read her own version of the Will in a manner that many observers say exposes her intentions to grab her husband’s estate at the expense of his older biological sons.

Investigation reveals that until 2002, Chief O. B. Lulu-Briggs did not know that he had other biological children beside his three male children and one female child namely: Senibo, Dumo, Sofiri and Rachael.

When Chief Dumo Lulu-Briggs realized that Mrs. Seinye Lulu-Briggs had lodged a Will and asked that it be read on the 12th of April, he in collaboration with his two other brothers, got a court order to stop the reading of the Will and an order against the executors, requesting to know who authorized them to take a date to read the Will.

Recall, that Chief Dumo Lulu-Briggs had also lodged a Will which, he said, was giving to him by their father but wants it read after the burial in due reverence to their father. According to Dumo, there was no need to distract the family from the primary purpose of giving their father a befitting burial.

High Chief O.B. Lulu-Briggs blessing his son, Chief Dumo Lulu-Briggs, ahead of the 2014 Rivers State PDP governorship primaries

Adamant on reading a Will before her husband’s burial, Seinye went to court to vacate the court order that Dumo and his brother got stopping the reading of her own version of the Will.

On the 25th of July, the court granted Seinye her request and struck out the suit filed by Dumo and his brothers on the basis that no reasonable action was brought against Seinye as a person.

Commenting on the ruling, Dumo says that the court did not take into cognizance that, there were other executors apart from Seinye. If the court struck out the suit because there was no reasonable action brought against Seinye, what about the two executors who have said with an affidavit in court that they were not aware that the Will was to be read? Instructively, the action was brought against the executors and Seinye is only one of them.

The ruling that struck out the suit to stop the reading of the Will was given as late as 3:15pm on Thursday, 25th of July that got tongues wagging that the Rivers State Government may have shown interest, considering that Dumo is a prominent politician, whose political status could be boosted exceedingly, if allowed to inherit a reasonable portion of his late father’s humongous wealth.

Armed with the judgement, Seinye’s lawyer on that same 25th July, informed Dumo via an email, that having vacated the court order stopping the reading of the Will, the Will would be read the next morning the 26th July at 8am in the Chief registrar’s office. Dumo said that he got the information at about 7pm, when he saw the email.

Consequently, Dumo’s lawyers wrote to Seinye’s lawyers, stating that the notice for the reading of the Will ought to have been issued by the probate registry indicating the particular date and time and not by Seinye’s lawyers. Therefore, they (Dumo and brothers) have not been giving a proper notice.

Chief Dumo Lulu-Briggs who lives in Lagos was unable to be in court the following day 26th July, his two brothers were also unable to be in court and none of the five executors that were listed were said to be in court other than Seinye.

 

Below is the full text of Seinye’s version of the will as circulated in the media:

“I Chief Olu Benson Lulu-Briggs, of the Briggs family of Abonnema in Akuku-Toru Local Government Area in Rivers State, now residing in Port Harcourt, Nigeria, hereby make publish and declare this to be my Last Will and Testament, hereby revoking all former wills, codicils and any other form of testamentary bequest.

“First, I wish to be buried and for my wife Seinye Lulu-Briggs, if she survives me, to take active part in my funeral services. I direct that my funeral service be simple and done in Kalabari tradition as allowed by my Christian beliefs in recognition of the dignity of my position as head, Young Briggs House. I request that there be no mourning or weeping. Any member of my family and a beneficiary under this will, who refuses to participate in my burial, shall be completely excluded from the benefit under this will, as if such person had predeceased me.

“For the reasons specified in a letter, I have executed on the date of this will, I have not made any provision in this will for my sons, Dumo, Senibo or Sofiri. If this will is contested by any of my sons, I request that such letter be introduced as evidence of the reasons why I have not made any such provision.

“I will establish a trust in Nigeria, the Ebuye Trust, and for the purpose procure the incorporation of holding trust company (ies) in Nigeria. The Ebuye Trust shall be set up broadly in accordance with the following directions;

“The trustees of the trust and directors of the trust holding company(ies) shall, at all times, comprise a maximum of 4 persons, who in the first instance will be His Excellency Donald Duke, Mr John Sassine, Dr A. Odaga and Seinye; and in the event that any of them decline to act as trustee or a vacancy otherwise occurs, shall include such other persons as the remaining persons nominated as trustees shall decide.

“The executive trustee and director of the trust holding company (ies) will be Seinye, whilst the other trustees of the trust and directors will act in a non-executive capacity.”

In another schedule, the Will reads:

“I, High Chief O.B. Lulu-Briggs, on this 2nd day of October, 2012, being of a clear mind and without neither duress nor persuasion do make the following declarations:

That my following children namely: Senibo Lulu-Briggs, Dumo Lulu-Brriggs and Sofiri Lulu-Briggs are expressly excluded from all forms of inheritance from my assets, estates, companies and all forms of property (ies), acquired) by myself or accruing from my interest and all money in all my Bank accounts, both personal, joint and companies where my interests are in existence.

That the female by name Nwamma Opusunji brought to me by my cousin, Madam Soton Tom Briggs, who hails from Opobo, is not my daughter and I have never acknowledged her as such. Therefore, I hereby declare that on no account should she be entitled to inherit directly or indirectly from my estates, assets, property (ies) belonging to me or any interest in such business/companies both on my personal acquisition and interest in various companies”.

Comment

It is mindboggling how High Chief O. B. Lulu-Briggs would in 2011, install his son Dumo Lulu-Briggs, as Chief of the Lulu-Briggs family and head of the family in his absence, only for the High Chief to state a year after that Dumo is “expressly excluded from all forms of inheritance from my assets, estates, companies and all forms of property (ies), acquired) by myself”.

How does Chief Dumo Lulu-Briggs get the heirlooms of the Lulu-Briggs’ chieftaincy if he is “expressly excluded from inheritance”? Does it mean that High Chief O. B. Lulu-Briggs, having not named another person to head the Lulu-Briggs family in the so-called Will, has put an end to his own chieftaincy lineage – a legacy he fought for all his life?

The so-called Will made Mrs. Seinye Lulu-Briggs “The executive trustee and director of the trust holding company (ies)” forever, without a successor even when she dies.

The purported Will also disinherited Chief O. B. Lulu-Briggs daughter, Nwamma, with the likely intent to put her out of the way, since she is older than Seinye’ daughter, Solate and could play the role of first daughter instead of Solate.

Most importantly, the Will that was read, presupposes that Chief O. B. Lulu-Briggs had forgotten the condition on which his three sons handed over their shares in Moni Pulo to their father which is in “fostering family relationship, for continuing love and affection”. For which Senibo, Dumo and Sofiri transferred to their father a total of 268,445,000 shares, which was 67.1% of the total shares of Moni Pulo.

Would Chief O. B. Lulu-Briggs be said to be “fostering family relationship, for continuing love and affection” by bequeathing assets handed over to him on very clear conditions to Seinye?

Chief Dumo Lulu-Briggs has since lodged objections in court that, that can’t be the Will of their father who he said was a very traditional person, saying that “we are sure that our father, knowing the basis of that settlement could not have done any such thing”.

It is however instructive to note that the 2004 consent judgement stated in very clear terms that all the conditions contained in the Consent Judgement shall be subject to strict compliance with the terms of the Settlement Deed. It was further agreed that the settlement parties or any of them and the defender shall be at liberty to set aside this Consent Judgement upon a breach of any of the terms of the Settlement Deed.  The so-called Will has obviously breached the terms of the 2004 settlement.

Who are High Chief O.B. Lulu-Briggs’ children?

Investigation reveals that until 2002, Chief O. B. Lulu-Briggs did not know that he had other biological children beside his three male children and one female child namely: Senibo, Dumo, Sofiri and Rachael.

However, in 2002, when Chief O.B. Lulu-Briggs got married to Seinye, she came with her twenty years old daughter, Solate and later adopted a son, Iyowuna in 2008. A male child, Dateim was introduced into the family in 2007 by a his mother. The chief had earlier adopted a male child of his former wife and renamed him, Onimim while a female child, Nwanma who is older than Solate, was also introduced to the family.

Senibo 69, Dumo 55 and Sofiri 48 are the older sons. Rachael was born in 1992. These are children of High Chief O.B. Lulu-Briggs on whom he either performed the Kalabari “Iya” ceremony or got married to their mothers.

Family sources revealed that the birth of Rachael was of great joy to the O.B. Lulu-Briggs family who until her birth neither had a daughter nor a granddaughter. At the time, there were only three male children and the eldest, Senibo already had five boys of his own. There was no girl in the family.

Rachel’s birth broke the jinx and Chief Lulu-Briggs was said to be so happy that he named her after his beloved mother, Rachel. – The name of his hotel which he named after his mother.

Dateim was born in 1993, but was said to be unknown to High Chief O.B. Lulu-Briggs until 2007, when he was brought to the chief at the age of 14 as chief’s biological son.

When Dateim was brought, Seinye was said to have raised serious issues that the boy could not have been her husband’s child. But Chief O.B. Lulu-Briggs reminded his wife, Seinye that she had also brought in her daughter, Solate in the same manner.

With the coming of Dateim into the Lulu-Briggs family, it was learnt that Seinye felt threatened and she had to quickly adopt a boy of her own, Iyowuna in 2008.

The introduction of Solate into the family is said to be the root cause of the current crisis that has befallen the Lulu-Briggs family after the death of their patriarch.

The story is that in 2002, when Seinye became the wife of Chief O.B. Lulu-Briggs, she came with her tall and dark daughter, Solate (the Lulu-Briggs are mostly tall and dark), claiming that Solate was chief’s biological daughter.

Some adult sons of Chief O.B. Lulu-Briggs who had known Seinye long before she married their father and who also knew the daughter, Solate, raised objections, saying that for the long period they had known Seinye, before she got married to their father, she never told them that the girl was their father’s child.

These adult sons of Chief O.B. Lulu-Briggs argued that if their father knew that he had a daughter in 1982, he won’t have named Racheal born in 1992 after his mother and expressed the joy of having the first female child in the family. Coincidentally, Solate is dark and tall like their father’s mother and should have been the proper person to be named Rachael if her birth were known to the family.

It was revealed that Seinye insisted and Chief O.B. Lulu-Briggs agreed that they both had a relationship in 1981 at the Federal Palace Hotel when Chief was the Deputy National Chairman of the National Party of Nigeria, NPN.

It was revealed further that Seinye said that she couldn’t bring Solate to Chief Lulu-Briggs at birth because the chief was married at the time.

But family members reminded her that Chief was unmarried from 1983-1990, having separated from his wife. Why couldn’t Seinye in those seven years bring her daughter?

Investigation reveals that after the death of Chief O.B. Lulu-Briggs, in the Will Seinye allegedly deposited, it was stated that Solate is not the biological child of Chief O.B. Lulu-Briggs but his adopted child. Then in a subsequent codicil, it was said that Chief O.B. Lulu-Briggs could not have adopted Solate because she was over 18 years old at the time she was brought to him, so she is neither his biological child nor adopted child but he accepted her as his child anyway.

As it stands, Mrs. Seinye Lulu-Briggs does not have any biological child for the late Head of Oruwari House, Chief O.B. Lulu-Briggs.

Seinye got tongues wagging when she referred to her husband’s sons as children born out of wedlock whereas, she was legally married to Chief O.B. Lulu-Briggs in court.

“Does she not know that in 1988 when she was still a complete stranger to the family, Chief O.B. Lulu-Briggs did the Kalabari “Iya” ceremony on Senibo and Dumo, conferring on them the highest level of legitimacy? Does Seinye not know that Chief O.B. Lulu-Briggs married Sofiri’s mother in the Anglican Church in 1971? Has Seinye forgotten that the chief performed “Iya” ceremony on Rachael in 2013, this time, witnessed by Seinye herself?

“Was it not Dumo that bailed Seinye from Olu Obasanjo Police Station and took her to his father’s house and talked to his father to take her as his wife? Is that the woman that is now calling Dumo names and fighting him?

“How many children did Seinye have in her two marriages, first to a man said to be 14 years younger and later to a man 28 years older?” they asked.

“No child. Her two daughters were born to two different men out of wedlock”, they muttered.

“Seinye needs to be told that Senibo’s mother was the first love of young O.B. Lulu-Briggs when he was a fisher boy in Abonnema. Dumo’s mother was given to O.B. Lulu-Briggs by her father, Late Chief I.S. Danagogo in 1963, when all he could afford was “Ari Ibara emi” and they went to live together as Mr.  & Mrs. O.B. Lulu-Briggs in Lagos.

“These were the wives of Chief O.B. Lulu-Briggs in his years of long suffering in social and economic wilderness.

“Mrs. Seinye Lulu-Briggs should allow the O.B. Lulu-Briggs family thrive even after the burial of her husband and not bury the name of the illustrious family that was attained through decades of hard work and service, together with him.

“Like the Kalabari Chiefs of old, High Chief O.B. Lulu-Briggs populated his household and built a great family” they concluded.

AUTHOR: