WE’LL CONTINUE TO DEPRIVE LOOTERS THE FRUITS OF THEIR CRIMES – BUHARI

President M. Buhari

President Muhammadu Buhari said in Abuja on Tuesday that his administration was committed to depriving looters of public assets of the fruits of their crimes.

Describing asset recovery as an anti-corruption tool, he called on the National Assembly to take all necessary steps to pass the pending Proceeds of Crimes Bill.

He said the bill when passed and assented to would “revolutionise our asset recovery and management architecture”.

Buhari said this at the Presidential Villa while officially receiving the report of the three-man presidential committee set up to audit recovered funds.

The President had on November 22, 2017, inaugurated the committee which comprised Mr. Olufemi Lijadu, Mrs. Gloria Chinyere Bibigha and Mr. Mohammed Nami.

The committee was given the mandate to carry out a comprehensive audit of assets and funds recovered by Ministries, Departments and Agencies of the Federal Government of Nigeria from May 29, 2015, to November 22, 2017.

Although details of the report of the committee were not released, the President promised to implement its findings and recommendations.

He described corruption as constituting “a threat to the well-being, national security, and economy of Nigeria”, adding that his administration “will not allow the wanton diversion and embezzlement of public funds into private pockets”.

He added, “Thus, we intend to continue taking all necessary measures to deprive looters of public assets of the fruits of their crimes.

“It is in keeping with the Anti-corruption Policy of this Government, and in line with global best practices that this Committee was set-up to review our asset recovery and management practices in order to evolve a proper management, transparency and accountability culture in the management of recovered assets.

“Given our history of impunity, much of Nigeria’s wealth has historically been squandered or stolen; leaving us with inadequate infrastructure for our growing population and economy.

“Asset Recovery is thus one of the essential tools for fighting corruption and we must, therefore, take issues of managing such recovered assets very seriously.

“We must utilise proceeds of our recoveries optimally to address our economic and social problems, and loopholes for stealing public funds must be blocked.

JUST IN: AREGBESOLA RELEASES N19.8 BILLION FOR WORKERS’ SALARY ARREARS

Gov. Rauf Aregbesola

The governor of Osun State, His Excellency, Rauf Aregbesola, has authorised the release of N19.8 billion for payment of four months salary of the workers as well as pensioners.

The State’s Commissioner for Finance Bola Oyebamiji, in a statement on Tuesday said the governor had approved the release of nineteen billion, eight hundred and one million, three hundred and twenty-eight thousand, two hundred and seventy-one naira, twenty-two kobo for disbursement to the workers and pensioners.

The workers are being owed a backlog of salaries, with some cadre receiving only portions of their pay.

The state government applauded the workers for their perseverance and commitment to the state despite its lean finances, in a statement.

“In line with its agenda and fulfillment of its promise to the state workers regarding prioritisation of their welfare above others, the government of the State of Osun has commenced payment of full salary and arrears in line with available resources.

“This decision was taken at the meeting of the Fund Apportionment Committee led by Comrade Hassan Sumonu with labour and government representatives in attendance.

“In line with labour unions’ demands and current financial position of the state, government of the State of Osun led by Ogbeni Rauf Aregbesola has authorised payment of of four (4) months salary arrears and 2016 leave bonus to its workers.

“Also, Mr Governor has directed that going-forward, workers in the state should be paid their full salary as and when due to demonstrate his commitment to his earlier promises.

“With this, Government of the State of Osun has commenced gradual disbursement of Nineteen Billion, Eight Hundred and One Million, Three Hundred and Twenty-Eight Thousand, Two Hundred and Seventy-One Naira, Twenty-Two Kobo (19,801,328,271.22) as salaries and other entitlements to its workers”, the statement read.

APC GIVES CONDITION FOR EMERGENCE OF CONSENSUS CANDIDATES

The All Progressives Congress has given conditions for the emergence of consensus candidates for all elective positions.

This was contained in a statement signed by the acting National Publicity Secretary of the APC, Yekini Nabena, in Abuja, on Tuesday.

The statement read “The attention of the All Progressives Congress (APC) has been drawn to announcements of consensus candidates for elective positions in some states.

“It is therefore pertinent to make some clarifications to enlighten Party faithful on the procedure for nominating candidates.

“While consensus is provided for by the Party’s Constitution, the option is conditional.

“Consensus does not foreclose Direct or Indirect Primaries for all elective positions as contained in the resolution of the 6^th meeting of the Party’s National Executive Committee (NEC).

“Again, consensus will apply when no other aspirant signify interest (i.e. through purchase of nomination forms) for the position in question.”

Recall that the Ogun, Zamfara and Yobe state chapters of the APC earlier announced the emergence of “consensus” candidates for the governorship position amidst protests from other aspirants.

BAKERS SET TO INCREASE BREAD PRICES

The high cost of baking ingredients may push bread prices up, bakers have warned.

The Premium Bread Makers Association of Nigeria gave this warning on Monday at a press briefing in Lagos.

“The challenges we face as a result of incessant increase in the prices of baking ingredients have rendered most premium bakeries comatose making us to operate at a loss,” the President of the association, Mr Jemide Tosan, stated.

The association noted that whereas the prices of flour, sugar and other baking ingredients had increased threefold in the past three years, there had been no corresponding increase in the prices of premium bread by the PBAN members.

It said between 2015 and 2018, the price of flour had increased from N6,500 to N11,500 per 50kg bag, while sugar had seen 77 per cent rise in price in the same period, with salt, margarine, yeast and preservatives had recorded 84 per cent, 67 per cent, 112 per cent, 45 per cent and 137 per cent increases, respectively.

Also, the price of diesel, which is used to power factory generators on a 24-hour basis, had gone up by 57 per cent, while the price of improvers used in enhancing the quality of bread had risen by 160 per cent during the period, the association stated, adding that conversely, the price of bread had only witnessed 11 per cent rise within the period.

“Most of us got loans with double-digit interest rates from financial institutions to fund our bakery projects and are finding it extremely difficult to meet our loan repayment obligations,” Tosan noted, adding that something had to be done to save the industry from extinction.

He said, “Given the current situation, most premium bakeries may be forced to embark on a price increase, which will further make bread unaffordable to the common man.

“As an association, we are totally committed to ensuring that Nigerians have healthy, quality, affordable and harmless bread on their tables.

“It is in light of this that we appeal to the Federal Government to look into the issues that currently threaten the existence of the premium bakery industry in Nigeria.”

MAN, 25, BURNT HIS BOSS’ CREDENTIALS FOR REFUSING TO INCREASE SALARY

A 25-year-old store keeper, Abubakar Hussaini, who was on Tuesday sentenced to 12 months imprisonment by a Kubwa Grade 1 Area Court, Abuja, said he burnt his boss’s credentials for his failure to increase his salary‎.

Hussaini said the complainant, Mr Jack Jiang, a Chinese, promised to increase his salary, but failed to do so.‎

‎Hussaini who pleaded guilty to charges of criminal trespass, mischief by fire and theft, begged the court for leniency.

The judge, Abdulwahab Mohammed, however, sentenced Hussaini to 12 months imprisonment, but gave him N20,000 option of fine.

He also warned Hussaini to be of good behaviour and to also desist from committing crime.

The prosecutor, John Okpa, had told the court that Jiang reported the matter at the Area Command, Life Camp, Abuja on August 26.

He said that Hussaini criminally trespassed into the complainant’s house and stole a traveling bag containing five wrist watches, two bangles, four T -shirts and credentials.

Okpa said that all the said items were valued at N1.5 million.

The prosecutor said that four wrist watches, two bangles, two T-shirts and the traveling bag were recovered from Hussaini during police investigations.

He further said that Hussaini burnt the complainant’s credentials, adding that the offences contravened Sections 348, 336 and 288 of the Penal Code.

(NAN).

GUNMEN KILL IMO CATHOLIC PRIEST, ONE OTHER, SNATCH VEHICLE

Tragedy struck in Nkwerre in the Nkwerre Local Government Area of Imo State on Monday night after gunmen murdered a Catholic priest and made away with his vehicle.

The gunmen equally murdered a young man whose identity could not be ascertained immediately.

The man was said to be with the priest in his vehicle when the criminals struck.

A native of the community told our correspondent on Tuesday morning that the priest, identified as Rev Fr. Jude Egbuom, was until his death in charge of St Patrick’s Catholic Parish, Amucha, in the Njaba LGA of the state.

He hailed from Umuwala, a village in Nkwerre Community.

He was attacked around 8pm when he went to a barber’s shop on Anara-Nkwerre Road in Nkwerre town.

He reportedly resisted giving the car keys to his killers, which angered them.

The cleric was immediately shot together with the other victim in his vehicle ,while the criminals fled.

A native of the community said, “The circumstances surrounding the killing of the priest indicated that it was a case of armed robbery.

“It could not have been a case of assassination, who did the gentle priest offend? He was from our community, Nkwerre and was doing his missionary work at Njaba, a nearby LGA. ”

When contacted, the police spokesperson, Andrew Enwerem, confirmed the killings and said that the police commissioner, Dasuki Galadanchi, had deployed the Tactical Unit of the command in the area.

The police spokesperson said, “The incident is confirmed. Rev Fr.Jude Egbuom of St Patrick’s Catholic parish Amucha was murdered last night.

“Another person whose identity had yet to be known was also killed by the hoodlums. The priest was in his priestly regalia when they shot him dead.

FG, STATES, LGs SHARE N2TN IN THREE MONTHS

Increase in crude oil price as well as domestic oil production raised the nation’s revenues from oil, which made the three tiers of government to share N2tn in the second quarter of this year, the Nigerian Extractive Industry Transparency Initiative has said.

The Director, Communications and Advocacy, NEITI, Dr Ogbonnaya Orji, said in a statement made available to our correspondent on Monday that the disclosure was contained in agency’s Quarterly Review.

According to the statement, the federal, state and local governments shared N3.95tn from the Federation Account in the first six months of the year.

Featuring data sourced from the National Bureau of Statistics, the statement also showed that within the first half of the year, Osun State received N10.24bn from the Federation Account, while its account was debited with N14.52bn.

This means that the total deductions from the state’s account was N4.28bn more than it received from the Federation Account. States accounts are debited due to local and foreign debts they have contracted.

In contrast, Delta State received the highest amount of N101.19bn in the first half of the year. Total deductions for the state amounted to N13.81bn or 13.65 per cent of the money received from the Federation Account within the period.

The Quarterly Review, according to Orji, further showed that the total Federation Accounts Allocation Committee disbursements in the second quarter of the year were 46 per cent higher than the figure for the same period in 2017 and 127 per cent higher than for the same period in 2016.

The report noted that while N2tn was shared in the second quarter of the year, N1.38tn was disbursed during the same period last year and only N886.38bn was shared in the second quarter of 2016.

“In fact, quarter two 2018 was the first time an amount of N2tn was disbursed since the quarter three of 2014. This is a run of 14 consecutive quarters of disbursements below N2tn,” the report stated.

NEITI hinged the increase in revenue earned and shared by the three tiers of government on the rebound in oil prices in the international crude oil market as well as increase in domestic crude oil production.

The rise in disbursement recorded in the second quarter of 2018, the report noted, was the highest to the federation since the third quarter of 2014.

The report attributed the positive development to the rise in crude oil prices and similar increase in oil production.

The Quarterly Review was quoted as stating, “Average oil price in 2016 was $43.5 per barrel, while in 2017 oil price averaged $54.2 per barrel. However, in the first six months of 2018, average oil price was $70.6 per barrel. Thus, on the average, oil price increased by 62.2 per cent between 2016 and the first half of 2018.

“Total oil production in 2016 was 661.1 million barrels, while the figure was 690 million barrels in 2017. In 2016, average monthly oil production was 55.1 million barrels, while it was 57.5 million barrels in 2017. For the first two months of 2018 for which data is available, average production was 59 million barrels.”

The disbursements made by FAAC represented an increase of 41 per cent when compared to the N2.79tn disbursed in the first half of 2017 and 95 per cent increase on the N2tn disbursed in the first half of 2016.

A breakdown of the disbursements showed that the Federal Government received N1.65tn; states received N1.38tn; while the local governments got N795bn.

The disparity in the revenues received by each of the three tiers of government was based on the revenue sharing formula of the federation as stipulated in the Constitution, the statement added.

The NEITI Quarterly Review showed that the lowest monthly figure of N635.6bn disbursed in the first half of 2018 was N121.4bn higher than the highest monthly figure of N514.2bn disbursed in the first half of 2017 and N218bn higher than the N417bn for 2016.

“These figures clearly indicate that revenue accruing to the federation in the first half of 2018 completely outstripped revenues in the previous two years,” the report stated.

Another feature of the NEITI report was the significant increase in Value Added Tax disbursements during the period under review. VAT disbursements increased by 35 per cent between the first quarter of 2015 and the second quarter of 2018.

“It is interesting that VAT has been generally increasing over time. This bodes well for the government’s efforts at increasing revenue from non-oil sources,” it added.

NEITI expressed hope about increased revenues to the government from both oil and non-oil sectors, but cautioned that the volatile and unpredictable nature of government revenues would continue to make planning difficult for all tiers of government, increasing difficulties in implementing their budgets.

It said that there was a need to place priority attention on internally generated revenues.

MFM SLAMS LIBEL SUIT AGAINST THISDAY NEWSPAPERS, DEMANDS N500BN

The Incorporated Trustees of Mountain of Fire & Miracles Ministries and the church’s founder, Dr Daniel Olukoya, have commenced a legal action against ThisDay Newspapers for allegedly publishing a libellous story against them.

The suit marked PHC/2257/2018 was filed before the Rivers State High Court in Port Harcourt.

The cleric and his church are demanding N500bn in damages from the newspaper for the alleged injury caused them by the defendant’s publication.

The claimants are urging the court to make an order, directing the newspaper “to tender a written apology and a retraction published prominently on its website and for three consecutive days on the front page of ThisDay Newspaper and in at least three other nationally circulating newspapers and two international magazines, including TIME International.”

The claimants also want the court to order the defendant “to pull down and erase the offending story from the Internet forthwith.”

They are also seeking an order of perpetual injunction “restraining the defendant by itself, its agents, servants, privies or other persons howsoever called or described from further publishing and/or disseminating libellous stories and statements against the claimants.”

The cleric and his church are also praying the court to put the cost of filing the lawsuit on the newspaper.

ALAO-AKALA DENIES DUMPING APC, SUBMITS OYO GOV NOMINATION FORMS

A former Oyo State governor, Adebayo Alao-Akala, has denied plans to dump the All Progressives Congress in order to achieve his ambition of contesting in the state governorship election in 2019.

The former governor, on Monday, left Ibadan for Abuja to submit his governorship nomination forms which confirmed his decision to contest the 2019 governorship election on the platform of the APC in the state.

After two meetings between the governor, Abiola Ajimobi, and 26 governorship aspirants of the party on Saturday and Sunday, an unconfirmed report said Alao-Akala and a few other aspirants were uncomfortable with the governor’s body language and that they were considering defecting to other parties.

Alao-Akala was said to have made contact with the leadership of the Africa Democratic Congress in a bid to be the party’s standard bearer for the 2019 governorship election in the state.

But a statement signed by the Head, New Media and Public Affairs, Alao-Akala Campaign Organisation, Jeremiah Akande, denied the move, stressing that the former governor was not considering dropping his ambition or dumping the APC.

The statement read in part, “The Media and Publicity Directorate of Alao-Akala Campaign Organisation, after a careful study of the said report and unfounded information pieced together in the body of the story, came to a professional conclusion that the idea behind the report was a mere publicity stunt aimed at laundering the image of the political party in question.

“The campaign organisation of Alao-Akala wishes to once again reiterate His Excellency, Alao-Akala’s unshaken commitment and dedication to the ideals of the APC in Oyo State and at the national level and urge his teeming supporters to remain steadfast and resolute in their belief in him, as the journey towards 2019 begins in earnest.”

GEORGE AKUME ATTACKS ORTOM, SAYS GOV’S PhD CERTIFICATE IS FAKE

 

The senator representing Benue North-West Senatorial District, George Akume, and Governor Samuel Ortom took on each other on Monday in a war of words.

Akume had at the All Progressives Congress expanded caucus meeting held at Castle Event Centre, Makurdi on Sunday described Ortom as a non-performer, alleging that the governor was parading a fake doctoral degree.

Akume, who accused the governor of running the Social Investment Programme like his family entity, argued that he needed to be voted out of power next year.

Apparently reacting to the views expressed by Ortom in an interview he granted newsmen, Akume said, “Ortom said he has PhD from the Commonwealth University of Berlin, but there is nothing like Commonwealth University. At least, I’m a graduate of the University of Ibadan, where I bagged my first and second degrees. I am also a fellow of the Institute of Management and I have honourary PhD from the University of Jos.

“He said I was a protocol officer while he was a local government chairman and that I served him, I never saw Ortom in the government house that period.

“He is saying I never won an election, but I won an election in 1999, he (Ortom) was in SDP; also in 2003 when I moved to ACN, I also won elections but the last election, Ortom lost in his local government. When I was building PDP, where was Ortom?” Akume asked.

Akume also accused Ortom of always insulting President Muhammadu Buhari.

He challenged the governor to clear the backlog of salaries arrears owed workers and pensioners in the state, who, he said, were dying of hunger.

But reacting on behalf of his principal, Ortom’s Adviser on Media and ICT, Tahav Agerzua, described Akume as a drunk who could not be taken seriously.

Agerzua, who said PhD was not a prerequisite for being a governor, described Akume’s allegation as a diversionary tactic.

The governor’s aide, who wondered when Akume became an assessment authority, challenged the senator to give an account of his stewardship in the red chamber.

“Akume is not an accreditation authority and he cannot speak on that. In any case, that has no basis because PhD is not a prerequisite for governorship; so, it is a diversionary tactic.  Let him give an account of his stewardship; he should stop assessing others, he is not an assessment authority.

“Moreover, everybody knows that he is a drunk; what he said stems out of his drunkenness; he is not someone to be taken seriously.”