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Folarin Kehinde

Folarin Kehinde

Headlines

BREAKING: School Collapses On Students Taking Examination In Plateau State

by Folarin Kehinde July 12, 2024
written by Folarin Kehinde

A two-storey structure, which housed secondary school students, crumbled during school hours, around 11 am on Friday, while examinations were in progress.

A devastating building collapse has occurred at Saint Academy in Busa Buji, Jos North LGA, Plateau State, trapping numerous students beneath the rubble.

The two-storey structure, which housed secondary school students, crumbled during school hours, around 11 am on Friday, while examinations were in progress.

LeadingReporters learnt that panicked parents have flocked to the scene, overcome with grief.

Emergency responders, including soldiers and police, are currently conducting rescue efforts to extricate the trapped students.

July 12, 2024 0 comments
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Business

“Nigerian public officials received N721 billion in bribes in 2023” – New report reveals

by Folarin Kehinde July 12, 2024
written by Folarin Kehinde

A new report by the National Bureau of Statistics (NBS) has revealed that Nigerian public officials received N721 billion in bribes in 2023.

The report, titled “Corruption in Nigeria: Patterns and Trends,” was released on Thursday and states that the amount paid in bribes constitutes about 0.35 per cent of Nigeria’s Gross Domestic Product (GDP).

The findings, based on a survey conducted with the United Nations Office on Drugs and Crime, highlight that the average cash bribe in 2023 was N8,284, up from N5,754 in 2019.

However, the report noted that this increase does not account for inflation, making the inflation-adjusted average cash bribe 29 per cent smaller than in 2019.

The report reads, “Overall, it is estimated that a total of roughly NGN 721 billion (US$1.26 billion) was paid in cash bribes to public officials in Nigeria in 2023, corresponding to 0.35 per cent of the entire Gross Domestic Product of Nigeria.”

According to the report, corruption was ranked as the fourth most significant problem affecting Nigeria in 2023, following the cost of living, insecurity, and unemployment.

Despite a reduction in interactions between citizens and public officials (56 per cent in 2023 compared to 63 per cent in 2019), bribery remains widespread.

On average, 5.1 bribes were paid per bribe payer, totalling approximately 87 million bribes nationwide, a decrease from 117 million in 2019.

Bribery was found to be more prevalent in rural areas, with rural residents paying an average of 5.8 bribes compared to 4.5 bribes in urban areas.

Over 95 per cent of bribes were paid in monetary form, either cash or money transfer. The report also highlighted an increase in bribes demanded by private sector actors, such as doctors in private hospitals, from 6 per cent in 2019 to 14 per cent in 2023.

Despite these trends, the report indicates a growing refusal to pay bribes among Nigerians.

In 2023, 70 per cent of those asked to pay a bribe refused at least once, with the highest refusal rates in the North-West zone at 76 per cent.

Furthermore, the percentage of citizens who view bribery requests as acceptable to expedite administrative procedures decreased from 29 per cent in 2019 to 23 per cent in 2023.

The report also sheds light on unethical recruitment practices within the public sector. Between 2020 and 2023, over 60 per cent of public sector workers were hired due to nepotism, bribery, or both.

Specifically, 27 per cent of successful candidates admitted to using only bribery, 13 per cent to only nepotism, and 19 per cent to both. In contrast, 40 per cent of candidates claimed to have secured their positions without resorting to such means.

July 12, 2024 0 comments
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Business

Proposed 90,000km fibre project will face severe challenges, Telecoms stakeholders tells FG

by Folarin Kehinde July 12, 2024
written by Folarin Kehinde

The federal government has been told that its planned deployment of 90,000 kilometers of fibre optic cables across the country will face several obstacles.

Stakeholders in the telecommunications industry said the state governments might truncate the project.

The stakeholders believe that without addressing the current issue of Right of Way charges, multiple taxation, and levies, which are under the control of state governments, the project which is to be implemented through a Special Purpose Vehicle (SPV) would be an exercise in futility.

They made their position known during the Sixth Edition of the Policy Implementation Assisted Forum (PIAFO) in Lagos on Wednesday, which was a focus on Nigeria’s renewed strategic agenda for the digital economy.

They stressed the need to ensure the successful implementation of the project which was announced recently by the Federal Government to complement existing connectivity for universal access to the internet across Nigeria and provide the Nigerian digital economy with the backbone infrastructure it needed.

Executive Director of Broadbased Communications, Mr. Chidi Ibisi, who presenting a paper on the topic, ‘Harmonizing Nigeria’s Fibre Deployment Strategies for Effective Implementation’, said while the government’s SPV initiative was a good plan that could help the country bridge its current digital infrastructure gap, the government would need to address current challenges.

According to him, “The issues of high cost of Right of Way (RoW), destruction of fiber by road construction companies and vandals all need to be addressed for this new SPV initiative to be successful.”

Highlighting some of the challenges telecom operators faced when deploying infrastructure, the Group Chief Operating Officer of WTES Projects Limited, Mr. Chidi Ajuzie, said the biggest challenge to fibre cable laying in Nigeria is the informal RoW by hoodlums in states.

“For states, a formal right of way is set and some states are adopting it but the informal side of the right of way is where the complexity has come today.

“If I’m trying to lay fibre in some communities here in Lagos, the first thing that happens is the so-called land owners (omo onile) come out and a different set of people will keep coming from one street to another and they charge you.

“How do we achieve adequate broadband infrastructure in this kind of situation?” He asked.

The Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) Engr. Gbenga Adebayo, pointed out that for the 90,000 kilometres fibre project to succeed, the state governments have to take ownership.

“For the project to succeed, I think the governments at sub-nationals should take ownership. This issue of state governments seeing right of way as IGR should be a thing of the past. We can’t talk about the digital economy on one side and the government is seeing those who provide the services as sources of revenue.

“The government has always come up with good policies, but the implantation, particularly when they are tested far afield, is the biggest problem. Governors will go to Abuja and say ‘in my state, I will give the right of way free of charge.’

“When you go to such a state, they may give you the right of way for zero or one Naira, but they will give you developmental levy, education levy, state impact levy, ecosystem levy. When you add all of these together, it is more than the right of way charges. So, who is playing who?” He queried.

Dr Ayotunde Coker, the Chief Executive Officer of Open Access Data Centre (OADC) stressed the need for the fibre project to be executed by the private sector even as the World Bank is expected to fund it with up to $3 billion.

“the World Bank can put money into the government but it needs private sector partnerships as the execution engine and that’s what we’ve been pushing in Africa.

“The key thing is that when the World Bank puts the money in, it should engage the private sector, figure out the policies that it needs to do and enable the private sector to execute them effectively and make it as open as possible. With that, they can achieve what they are trying to achieve,” he said.

He further stressed that for the success of the project, Nigeria should learn lessons of what didn’t work in the past, to achieve the new broadband penetration targets with the fibre range that is required.

“Meaningful broadband is what we need, rather than just a huge set of megabits per second implementation. We need superhighway fibres. We need the distribution of these backbone that allows us then to fan out,” he said.

He further urged state governors to be part of the project by providing an enabling environment for infrastructure roll-out, adding: “if you are a state governor and didn’t participate in it, the state won’t grow and it’s going to impact your state.”

The convener of PIAFo, Mr. Omobayo Azeez, said the conference was to create a midpoint dialogue platform for digital economy stakeholders across both the public and private divides to brainstorm, exchange perspectives, clear grey areas, harmonize thoughts and create a sense of collective responsibility towards accelerating our collective prosperity through technical efficiency.

The event focused on Nigeria’s renewed strategic agenda for the digital economy.

According to him, the new digital economy blueprint of the federal government does not only sustain existing policy directions, “it also challenges us on the possibilities of attaining new frontiers.”

July 12, 2024 0 comments
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Headlines

Tinubu removes Buhari’s in-law, other officials of Nigeria’s security printing company

by Folarin Kehinde July 11, 2024
written by Folarin Kehinde

President Bola Tinubu has ordered the immediate removal of the Managing Director of the Nigerian Security Printing and Minting Plc (NSPM), Ahmed Halilu, and four other executives of the company, LEADING REPORTERS can report today.

Mr Halilu, brother to former First Lady, Aisha Buhari, was appointed to the position in September 2022 by ex-President Muhammadu Buhari.

Also affected by the removal directive are the company’s Executive Director, Corporate Services, Ado Danjuma; Executive Director, Operations (Lagos Factory) Chris Orewa; Executive Director, Security Documents, Tunji Kazeem and Company Secretary, Victoria Irabor.

Mrs Irabor is married to a former Chief of Defence Staff, Lucky Irabor, a retired general.

The Defence Headquarters, under Mr Irabor, in 2023 shielded former Governor of the Central Bank, Godwin Emefiele, from arrest by the State Security Services by deploying troops to secure his home and workplace.

In the interim, Abubakar Minjibir, the organisation’s executive director of operations (Abuja factory), has been asked to remain in office to act as managing director. It is unclear why Mr Minjibir was sparred.

The spokesperson for the CBN, Sidi Hakama, did not answer or return calls when contacted for comments on the development at the security minting company. She also did not respond to a message sent to her on the matter.

However a top official of the central bank confirmed our findings, saying the affected officials were asked to leave with immediate effect.

This shakeup at the company comes months after Jim Obazee, the special investigator appointed by President Tinubu to probe CBN’s affairs under the Buhari administration, submitted his report to President Tinubu.

The report outlined NSPM’s role in the controversial currency redesign policy implemented by Mr Emefiele, which negatively impacted individuals and businesses in the country.

According to Mr Obazee’s report, in commencing the naira redesign policy, the former central bank governor invited the now removed managing director of NSPM to the CBN headquarters and directed him to redesign and reconfigure the old naira notes.

However, Mr Halilu informed Mr Emefiele that the task would be time-consuming due to the complexity of the new features, which included the positioning of the watermark, presence of QR codes, different numbering styles, and other advanced security elements.

He advised Mr Emefiele to reconsider revising the redesigns given the time constraints.

But Mr Emefiele was determined to overcome all obstacles to the policy. He therefore contracted De La Rue, a company based in the United Kingdom, to handle the redesign for a fee of GBP 205,000.

After De La Rue delivered on the task, the NSPM was then tasked with printing the redesigned currency. The company did not quite deliver, triggering an unprecedented shortage of currency in the country.

The NSPM Plc, also known as The MINT, was established 1963. It is the corporation responsible for printing and minting Nigeria’s currency notes and coins. It operates under the supervision of the CBN and is tasked with producing secure and high-quality currency to ensure financial stability in the country.

The company also produces security documents such as passports, stamps, and other vital records for both government and private entities.

NSPM Plc is known for its advanced security features and complex printing processes to prevent counterfeiting and ensure the integrity of Nigeria’s financial system.

July 11, 2024 0 comments
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Headlines

BREAKING: Alleged 33.8b fraud: Court sends ex-Minister of Power, Saleh Mamman to prison

by Folarin Kehinde July 11, 2024
written by Folarin Kehinde

A Federal High Court in Abuja has ordered that former Minister of Power, Saleh Mamman be remanded in Kuje prison in Abuja pending the consideration of his bail application.

Justice James Omotosho issued the order on Thursday, July 11, after Mamman was arraigned on a 12-count charge bordering on money laundering offences.

He pleaded not guilty to the charge brought against him by the Economic and Financial Crimes Commission (EFCC), following which the prosecuting lawyer, Olumide Fusika (SAN) sought a date for the commencement of trial.

Lawyer to the defendant, Femi Ate (SAN) said he filed a bail application shortly before the court resumed sitting.

Although Fusika admitted being served with the bail application around 12:30 pm, Justice Omotosho noted that the application was not yet in the court’s file.

In reaction, Ate prayed to be allowed to return the next day to argue the bail application, which request Fusika did not oppose.

The judge then adjourned till Friday, July 12, for the hearing of the bail application and ordered that the defendant be remanded in Kuje correctional centre.

The defendant, who his lawyer said is ill, looked dejected while stepping off the dock, shortly after the judge’s pronouncement.

Details shortly…..

July 11, 2024 0 comments
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Headlines

Cardoso sacks security printing management team, appoints acting MD

by Folarin Kehinde July 11, 2024
written by Folarin Kehinde

As part of measures to protect the country’s currency, the board of Nigerian Security Printing and Minting (NSPM) has terminated the appointment of the executive management team led by the Managing Director, Halilu Ahmed.

As gathered, the board chaired by Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, directed Ahmed, who was identified as former President, Muhammadu Buhari’s in-law, and other members to hand over all activities of NSPM immediately, ending their two years stay in office.

Meanwhile, the Cardoso-led board has appointed Abubakar Minjibir, as the Acting. Managing Director, to prevent any leadership vacuum within the agency.

Also appointed by the board on Wednesday were Muhammed Mustapha who serves as General Manager for Finance and Strategy, and Adesoji Ogungbesan who will assume office as the General Manager for Corporate Services.

Although the new development has not been effected on the agency’s website, the change was contained in a memo dispatched by the board to staff and seen by The Guild Correspondent.

In the memo with no. 2083, the board assured staff that the new management team would ensure better welfare, and embrace strategic initiatives as well as transform the agency to achieve its goals.

The board, however, urged the staff to cooperate with the Minjibir-led team to achieve the Board’s strategic vision for the company.

July 11, 2024 0 comments
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Headlines

S’court orders FG to pay allocations directly to LGs, bars governors from dissolving councils

by Folarin Kehinde July 11, 2024
written by Folarin Kehinde

The supreme court has ruled that the federal government should henceforth pay allocations directly to local government councils from the federation account.

Delivering judgment in the suit on Thursday, a seven-member panel of justices held that state governments have continued to abuse their powers by retaining and using the funds meant for LGAs.

The apex court also ordered the federal government to withhold allocations of LGs governed by unelected officials appointed by the governor.

Emmanuel Agim, who read the lead judgment, said states are mandated to ensure that their local government councils are democratically elected, ⁠and that governors cannot use their powers to dissolve democratically elected local government councils.

“The amount standing to the credit of local government councils must be paid by the federation to the local government councils and not by any other person or body,” the judge said.

“The said amount must be paid to local government councils that are democratically elected.

“An order of injunction is hereby granted restraining the defendants from collecting funds belonging to the local government councils when no democratically elected local government councils are in place.

“An order that henceforth no state government should be paid monies standing to the credit of the local government councils.

“An order for immediate enforcement and compliance with these orders by the state governments and successive governments henceforth.”

July 11, 2024 0 comments
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Headlines

BREAKING: Ex-Power minister, Mamman collapses in court during arraignment

by Folarin Kehinde July 11, 2024
written by Folarin Kehinde

The arraignment of Mr Saleh Mamman, former Minister of Power under ex-President Muhammadu Buhari, was, on Thursday, stalled after he collapsed outside the courtroom of the Federal High Court, Abuja.

Mamman, whose plea was fixed for Thursday morning, collapsed before the case was called.

NAN reports that the former minister’s counsel, Femi Ate, SAN, told Justice James Omotosho shortly when the matter was called for Mamman to take his plea.

Upon resumed hearing, the ex-minister walked into the courtroom and stepped into the dock with part of his clothes drenched.

Justice Omotosho then asked why Mamman was sweating or whether it was raining outside.

The former minister, who responded from the dock, said water was poured on him.

The Economic and Financial Crimes Commission (EFCC)’s lawyer, Adeyinka Olumide-Fusika, SAN, while addressing the court, said though the matter was fixed for Mamman’s arraignment, there was a development outside the courtroom.

Olumide-Fusika said he had a discussion with Ate outside the courtroom about Mamman’s ill-health.

“I was informed of an incident outside. I will want my learned senior advocate to tell the honourable court himself,” he said.

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Headlines

JUST IN: Prices of Food will crash in 180 days – FG declares

by Folarin Kehinde July 10, 2024
written by Folarin Kehinde

The Federal Government has unveiled a plan to crash food prices within the next 180 days.

The plan was unveiled by Minister of Agriculture and Food Security, Sen Abubakar Kyari, on Wednesday.

According to Kyari, the government will suspend duties, tariffs, and taxes on food imports, including maize, rice, wheat, and cowpeas, for 150 days.

Additionally, 250,000 metric tons of wheat and maize will be imported and supplied to small-scale processors and millers nationwide.

The government will also engage stakeholders to set a Guaranteed Minimum Price (GMP) and purchase surplus food commodities to restock the National Strategic Food Reserve. Furthermore, the government will ramp up production for the 2024/2025 farming cycle, support smallholder farmers, and promote agricultural mechanization.

Other measures include strategic engagement with youth and women for greenhouse cultivation, collaboration with the Nigerian Military to cultivate arable lands, and promotion of fortified food commodities. A Ministry of Livestock Development has also been created to prioritize livestock development.

The Minister however said the success of these measures depends on cooperation from all relevant stakeholders.

He said, “The success of these measures hinges on the cooperation and collaboration of all relevant MDAs and stakeholders.

“As our nation confronts this critical food security challenge, I reiterate President Tinubu’s unwavering commitment to achieving food security and ensuring that no Nigerian goes to bed hungry.

“My team and I will work swiftly and diligently to actualize these crucial policies, ensuring food security for everyone in the immediate term while continuing our strategies for long-term interventions to address underlying causes and ensure sustainable and resilient food systems in Nigeria.”

July 10, 2024 0 comments
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Headlines

JUST IN: Senate Moves to Create New State, Tiga, from Kano

by Folarin Kehinde July 10, 2024
written by Folarin Kehinde

A new state may be created soon, as a bill for the creation of Tiga State from Kano has been presented at the Nigerian Senate.

The bill, sponsored by Senator Kawu Suleiman Abdurrahman from Kano South had its first reading on July 10, 2024.

The bill, titled “Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Creation of Tiga State Bill, 2024 (SB.523)”, aims to split Kano State into two separate states, with Tiga being the new addition to the country’s political map.

More to follow…

July 10, 2024 0 comments
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