The Nigeria Labour Congress (NLC) has suspended its nationwide protest after the first day of the two-day demonstration but promised to return to the streets in full gear on March 13 if the federal government fails to meet its demands. In a communique at the end of its National Executive Council (NEC) meeting today, February 27, the NLC said: “NEC-in-session resolved as follows: to suspend street action for the second day of the Protest having achieved overwhelming success thus attained the key objectives of the 2-day protest on the first day. “However, Nationwide action continues tomorrow with simultaneous Press Conferences across all the states of the federation by the state Councils of the Congress including the National Headquarters. “To re-affirm and extend the 7-days ultimatum by another 7 days which now expires on the 13th day of March, 2024 within which the Government is expected to implement all the earlier agreement of the 2nd day of October, 2023 and other demands presented in our letter during today’s nationwide protest. “To meet and decide on further lines of action if on the expiration of the 14 days Government refuses to comply with the demands as contained in the ultimatum.” The organised labour is demanding increase in the minimum wage, provision of palliatives to help the Nigerian people deal with rising prices of goods and services, and policies to improve the economy and advance the people’s standard of living among others.
Against the background of the free fall of naira in recent time, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has made it clear that the apex bank is moving towards what he called “very aggressive regulatory environment.” “Tolerance for people who will not abide by the regulations that are coming out is zero. “People will have to comply with our regulations or face the consequences for not doing so.” Cardoso, who spoke to newsmen today, February 27, after the meeting of the Monetary Policy Committee (MPC) in Abuja, regretted that more than $26 billion was channelled through a cryptocurrency platform, known as Binance, in the last four years. “In the last four years, more than $26 billion have been funnelled through Binance without trace.” The apex bank had recently placed restriction on Binance and other cryptocurrency platforms. The Binance exchange is a leading cryptocurrency exchange that was founded in 2017. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 350 cryptocurrencies and virtual tokens, including bitcoin, ether, litecoin, dogecoin, and its own coin, BNB. The Naira is believed to have started improving against the US Dollar after the restrictions on Binance and other crypto platforms in Nigeria’s cyberspace. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria raised the Monetary Policy Rate, otherwise known as the benchmark interest rate at the end of the meeting today, according to finance and economic analysts. The MPC began its two-day meeting yesterday, a few days after the National Assembly screened and okayed its new members. The meeting is the first since the new CBN Governor assumed the leadership of the apex bank.
Officers of the Federal Capital Territory (FCT) Police Command have arrested one Samaila Wakili Fafa, also known as Habu Ibrahim, the second of the two wanted kidnappers, on whom the FCT Minister, Nyesom Wike had placed a N20 million bounty. The FCT Police Public Relations Officer, SP Josephine Adeh, in a statement today, February 27, said that the kidnapper was arrested on February 24, 2024, at about 7:05 pm, after the operatives, acting on credible intelligence, stormed Sardauna Forest in Toto local government of Nasarawa State. Minister Wike had, on February 14, placed N20 million bounty on two wanted bandits: Dahiru Adamu and Abu Ibrahim that have been terrorising the people in the capital city. The minister spoke when he met the FCT Commissioner of Police, CP Benneth Igweh, during a parade of 23 criminal suspects, at the Police Command Headquarters in Garki, Abuja. The Anti-Kidnapping Unit of the FCT Police Command had previously arrested Saidu Abdulkadir, aka Dahiru Adamu, one of the two wanted kidnappers, after the officers raided two kidnappers’ camps bordering Nasarawa and Abuja via Kuje Area Council on February 15, at about 12 am. The police spokesperson said in a statement today that the captured kidnapper has confessed that his syndicate masterminded several kidnappings in the FCT and its environs, including the abduction of Barr. Chris Agidy, legal aid to Senator Ned Nwoko and Sunday Yahaya Zakwai, the district head of Ketti Village, both of whom were later killed. The statement read: “The operatives of the FCT Police Command, in a continued effort against banditry in FCT and its environs, on February 24, 2024, at about 7:05 PM, acting on credible intelligence, stormed Sardauna Forest, Toto, Nasarawa State and arrested one Samaila Wakili Fafa A.K.A Habu Ibrahim, a kidnap kingpin who has been on the wanted list of the Command for a long time and bounty placed on his head by the Hon. Minister FCT. “The suspect is one of the two kidnappers the Honorable Minister FCT placed bounty on, as the other one namely Saidu Abdulkadir A.K.A Dahiru Adamu, had earlier been arrested by the Command. “He confessed that his syndicate masterminded and executed several kidnappings in FCT and its environs, including the abduction of Barr. Chris Agidy, the legal aid to Senator. Ned Nwoko and Mr Sunday Yahaya Zakwai, the district head of Ketti Village were later killed by them. Samaila Wakili further led police operatives to where the remains of Barr. Chris Agidy are. The remains were recovered and deposited in Gwagwalada General Hospital.” The PPRO said that investigations are however, still ongoing and that the FCT Commissioner of Police, CP Benneth Igwe has reiterated his commitment to combatting crime and criminality to ensure the safety of residents. “While an investigation is still ongoing, the Commissioner of Police FCT, CP Benneth C. Igweh, psc, mni, wishes to reiterate his unflinching commitment to combat crime and criminality in all its manifestations and to ensure the safety of residents. He equally urges residents to report suspicious activities through the following emergency lines; 08032003913, 08061581938, 07057337653, and 08028940883; PCB: 09022222352.”
Defined roles for traditional rulers in Nigeria constitution and devolution of power have emerged as parts of the items to be considered by the House of Representatives as it moves to amend the 1999 constitution. This hint was dropped yesterday, February 26, by the Speaker, Abbas Tajudeen when he inaugurated the House Committee on the Review of the Constitution of the Federal Republic of Nigeria, 1999 (As Altered). Speaker Abbas said that the Sixth Alteration to the constitution under this 10th National Assembly would be the most comprehensive. “As such, the task before the Constitution Review Committee is profound.
“The House Agenda is ambitious in its scope and encompasses wide-ranging issues pivotal to our national growth. “Among these are devolution of powers, including state policing; enhancement of fiscal federalism through local government autonomy; further decongesting the Exclusive Legislative List; recognising and assigning constitutional roles for traditional institutions; and promoting inclusivity, particularly greater gender equity and women representation into appointive and elective positions. “Other critical areas for your consideration include implementing comprehensive electoral reforms to address the gaps identified in the aftermath of the 2023 general elections; strengthening the enforceability of legislative instruments; and institutional strengthening for greater accountability, among others. “These areas are crucial for reinforcing our democracy and ensuring that the governance structure meets the needs and aspirations of all Nigerians. Several Bills have already been introduced in both the Senate and the House, touching on some of these very important issues.” The Speaker suggested that in making recommendations and proposals that potentially have far-reaching impacts, such as state police, the House should adopt a scientific approach grounded in empirical evidence rather than ideology, personal beliefs, or political expediency. Speaker Abbas pointed out that the methodology to be adopted by the Committee would emphasise inclusivity, transparency, and collaboration. He said that the House would work closely with the Executive arm of the governments, both at the federal and sub-national levels, adding that this partnership stemmed from recognising their pivotal role in governance, ensuring that the review process is comprehensive and considers the practical aspects of implementation. The Speaker said that the 1999 Constitution, as the supreme law of the land, has been the groundnorm of our democracy for over two decades. “Yet, like any great edifice, it requires periodic assessment and renovation to ensure it meets the changing needs and aspirations of our people.” He recalled that under the 9th Assembly, the Fifth Alteration made some of the most far-reaching amendments, as it clarified and reinforced financial autonomy for state Houses of Assembly and the Judiciary, decongested the Executive List, defined guidelines for the first session and inauguration of members-elect of the National and state Houses of Assembly and deleted reference to the provisions of the Criminal Code, Penal Code, Criminal Procedure Act, Criminal Procedure Code or Evidence Act, among others. “All these made the Fifth Alteration the most extensive since 1999.” Deputy Speaker of the House, Benjamin Okezie Kalu is the chairman of the Committee and the House Majority Leader, Professor Julius Ihonvbere, is deputy chairman. The Committee has six additional women, one from each of the six geo-political zones. The House’s zonal caucus leaders have been co-opted in an advisory capacity, to advise the Committee on issues relating to their respective zones. The Committee’s secretariat is made up of a representative of people living with disabilities to ensure that their concerns are properly accommodated. The mandate of the Committee is to receive and consider proposals for alteration of the 1999 Constitution (as amended); create a forum for stakeholders and the public to make inputs into the review process and collaborate with the Senate and the state Houses of Assembly as required by law. Speaker Abbas said that Legislative Agenda of the House identified streamlining and improving the constitutional reform process as a cardinal objective. “In this regard, the House is already working on a Constitution Alteration Procedure Bill to provide a framework and a timeline for the passage of Constitution alteration bills by the National Assembly and adoption by State Houses of Assembly. The early commencement of constitution review activities by the 10th House is yet another step towards actualising our Agenda.”
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has called for proper monitoring in the evolving threats to the Telecoms sub sector. Speaking at the Telecoms Industry Risk Management Conference in Lagos, Dr. Maida noted that an era marked by rapid technological advancements, the telecommunications industry has found itself at the forefront of innovation, “shaping the way we communicate, connect, and conduct business. “As we navigate this dynamic environment, the need for effective risk management becomes increasingly paramount. “Today, we stand at the crossroads of tradition and transformation, where emerging technologies and trends present both unprecedented opportunities and challenges. “While we discuss the current landscape of 5G networks, which boast of wider attack surface due to the increased number of connected devices and denser network infrastructure, it is imperative to even cast our gaze into the future. We are witnessing the dawn of 6G technology, the next frontier in wireless communication. With promises of even faster speeds, lower latency, and groundbreaking applications, 6G has the potential to revolutionize the way we experience connectivity. However, with this advancement comes the responsibility to address new risks, from cybersecurity threats to ethical considerations, ensuring that we pave the way for a secure and inclusive digital future. “Looking beyond, the prospect of 7G technology also looms on the horizon. As we contemplate the possibilities, we must acknowledge that with each generational leap, we face not only technological advancements but also a fresh set of challenges. Anticipating and managing risks associated with 7G will require collaboration, innovation, and a proactive approach to ensure the seamless integration of this technology into our interconnected world. In addition to the evolution of connectivity, we must consider the implications of emerging technologies such as quantum technologies (computing, sensing, and communications), advanced artificial intelligence, and Block Chain (distributed ledger) technologies. These trends, when harnessed effectively, hold the potential to transform our industry positively. However, they also introduce complexities that demand careful consideration in our risk management strategies.” Speaking on the theme: “Evolution and Future Risk Management in the Telecoms Industry: Harnessing Emerging Technologies and Trends,” Dr. Maida said that NCC is committed to fostering an environment that encourages innovation while prioritising the security and stability of the telecom infrastructure. “As we navigate through 5G and the uncharted territory of the next generations of wireless technologies, collaborative efforts among regulators, industry players, and other stakeholders become even more crucial for sharing best practices, threat intelligence, resources and implementing robust risk management strategies. “We should therefore move beyond mere compliance and reactive measures, and instead, harness the power of these new technologies and trends to build a resilient and future-proof industry. The NCC boss stressed the need for the stakeholders to build a shared understanding of emerging risks and develop comprehensive mitigation strategies. “Building a culture of risk awareness is paramount. As an industry, we must empower our people with the knowledge and skills to proactively identify and report risks and embed security awareness and risk management practices throughout our business processes. “Emerging technologies such as AI should be leveraged to generate data-driven insights needed to predict, detect, and respond to risks in real-time. “We should also monitor evolving threats and vulnerabilities on a continuous basis and streamline incidence response processes to build a resilient telecom industry.”
Hon. Eseme Eyiboh, Special Adviser on Media and Publicity to the Senate President, Godswill Akpabio, has made it clear that his boss did not mean to hurt state Governors against the background of his recent comment on N30 Billion federal allocation to them. In a statement today, February 26, Eyiboh described the development as “misconceptions” of the true intention of the Senate President in the public domain. Referring to the statement credited to the President of the Senate in plenary, of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance, the spokesperson recalled that during the session, the President of the Senate commented on the payment of an unverified cumulative sum of about N30 Billion to the sub-national governments by the Federal Government for various interventions, to ameliorate the food situation of the citizens at the sub-national governments. “The unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted. In considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.” Eyiboh stressed that Senator Akpabio is not oblivious to the fact that State governments are functional partners in all the efforts of the current administration of President Tinubu and are also valuable Stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people. According to him, the Senate President has always demonstrated commitment to team building and would not do less in the circumstance. “He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement. “The President of the Senate recognizes and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.”
The federal government of President Bola Tinubu has finally taken a decision to implement the recommendations of the Steve Oronsaye panel on the restructuring and rationalisation of Federal agencies, parastatals and commissions. A statement today, February 26, by the special adviser to President Tinubu on Information and Strategy, Bayo Onanuga listed the affected institutions as follows: 1. National Salaries, Income and wages Commission to be subsumed under Revenue Mobilisation and Fiscal Commission. The National Assembly will need to amend the constitution as RMAFC was established by the constitution. 2. Infrastructure Concession and Regulatory Commission to be merged with Bureau of Public Enterprise and be rechristened as `Public Enterprises and Infrastructural Concession Commission 3. National Human Rights Commission to swallow Public Complaints Commission 4. Pension Transitional Arrangement Directorate(PTAD) to be scrapped and functions to be taken over by Federal Ministry of Finance 5. NEMA and National Commission for Refugees to be fused to become National Emergency and Refugee Management Commission 6. Border Communities Development Agency to become a department under National Boundary Commission 7. NACA and NCDC to be merged 8. SERVICOM to become a department under the Bureau for Public Service Reform(BPSR) 9. NALDA to return to the Ministry of Agriculture and Food Security. 10. Federal Ministry of Science to supervise a new agency that combines NCAM, NASENI and PRODA 11. National Commission for Museums and Monuments and National Gallery of Arts to become one entity that will be known as National Commission for Museums, Monuments and Gallery of Arts. 12. National Theatre to be merged with National Troupe. 13. Directorate of Technical Cooperation in Africa and Directorate of Technical Aid Corp to be merged under the Ministry of Foreign Affairs 14. Nigerians in Diaspora Commission to become an agency under the Ministry of Foreign Affairs. 15. Federal Radio Corporation and Voice of Nigeria to be one entity to be known as Federal Broadcasting Corporation of Nigeria 16. National Biotechnology Development Agency(NABDA) and National Centre for Genetic Resources and Biotechnology to be emerged into an agency to be known as National Biotechnology Research and Development Agency(NBRDA). 17. National Institute for Leather Science Technology and National Institute for Chemical Technology to become one agency. 18. Nigeria Natural Medicine Development Agency and National Institute of Pharmaceutical Research and Development to become one agency. 19. The National Metallurgical Development Centre and National Metallurgical Training Institute will be merged. 20. National Institute for Trypanosomiasis to be subsumed under Institute of Veterinary Research in Vom, Jos. Onanuga said that an eight-man committee has a 12-week deadline to ensure that the necessary legislative amendments and administrative restructuring needed to implement the reforms are effected in an efficient manner. He said that the committee comprises Secretary to the Government of the Federation, Head of the Civil Service, Attorney General and Justice Minister, Budget and Planning Minister, DG Bureau of Public Service Reform, Special Adviser to the President on Policy Coordination, Special assistant to the president on National Assembly, adding that the Cabinet Affairs Office will serve as the secretariat. The Oronsaye report was submitted in 2012 to the Goodluck Jonathan administration. In 2014, the Jonathan government released a white paper on the report. The Muhammadu Buhari administration, after re-examining the white paper, also released a second white paper in August 2022, but did not implement the report.
The National Examination Council (NECO) has announced the release of the 2023 Senior Secondary Certificate Examination (SSCE) external candidates results with over 50,000 scoring five credits, including English language and Mathematics. The Registrar/Chief Executive Offer of NECO, Professor Dantani Wushishi, who addressed newsmen today, February 26, in Minna, capital of Niger State, said that the number of Candidates who got five Credits and above, including English Language and Mathematics is 50,066, representing 67.35 per cent. The Registrar said that 62,530 candidates, representing 84.11 per cent got five credits and above, irrespective of English Language and Mathematics. According to him, 74,950 candidates registered for the examination with 39,213 male representing 52.31 per cent and 35,737 female, representing 47.68 per cent. The Registrar said that of the total number that registered, 74,342 candidates sat for the examinations with 38,867 male, representing 52.28 per cent and 35,475 female, representing 47.71. “The number of candidates that sat for English Language is 73,124 out of which 55,272, representing 75.59 per cent got Credit and above. “The number of candidates that sat for Mathematics is 73,119, out of which 67,815, representing 92.75 per cent got Credit and above.” He said that the examination malpractice cases for 2023 SSCE External included two centres, one each in Kaduna and Ogun states. He said that two supervisors, one each in Oyo and Lagos states were blacklisted for poor supervision, inability to control the candidates, and for aiding and abetting. Professor Wushishi said that a centre in Borno state was blacklisted for aiding and abetting by sharing whatsapp messages to candidates. He said that candidates can access their results on the NECO official website www.neco.gov.ng, using their examination registration number. The registrar launched the e-posting software, which he said, is designed to address the myriad of problems associated with posting of the council’s staff for out-of-station assignments. “Prior to the introduction of the annual staff posting calendar, posting of staff for various assignments were greeted with a lot of complaints arising from lopsidedness, and favouritism which gave rise to serious agitations. “What we are doing today is taking it a step further by digitalising the process and making it seamless, thereby addressing some of those concerns associated with the manual process.”
“Let’s look at what we’re doing right and what we’re doing wrong to bring life back to the economy. “As I have said many times, the people of this country are only the people we have to please. “And we are very much concerned from students to mothers and fathers, farmers, the traders and realising that everyone of us will have to fetch water from the same well. We’re looking for additional efforts that might help the downtrodden Nigerians and we will provide hope and reassurance that economic recovery is on its way. “We are not saying that we have all the answers. But we will not be blamed for not trying. We assure Nigerians that we will do our best to get our marshal plan in place and fashion out the best economic future for this country.” President Bola Tinubu made this position known when he Constituted an Economic Advisory Committee (EAC), that is made up of the federal government, sub-nationals and the private sector. This came during a meeting the President held with key stakeholders at the presidential in Abuja, yesterday evening, February 26. The development came as the falling naira exchange rate, rising inflation and other economic headwinds have continued to worsen the cost of living crisis and threatening the stability of the country Some of the prominent members of the private sector that made the list include the Chairman of United Bank for Africa (UBA), Tony Elumelu and the Chairman of Dangote Group, Aliko Dangote. President Tinubu told the advisors that the goal is to provide additional efforts in stabilising the economy and ensuring the “best economic future for Nigerians.”
At the meeting, Tinubu discussed food security, job creation and the exchange rate. Dangote, who was part of the private sector delegation on the committee, said that the meeting would afford the stakeholders the opportunity to clarify the specifics of their roles in President Tinubu’s Renewed Hope Agenda. “I think we had a very good meeting. What we discussed is generally about the economy, food security and security of the nation. We discussed everything in detail. “The economic presidential advisory committee which has been set up…will look at all the issues and address them, coming from job creation and food security. “So, all these things have been discussed in detail. I can’t give you all the details right now, but we are hopeful and we’re a great nation. We have what it takes to turn around the economy and we’re going to do that.” This is even as Tony Elumelu said that implementing the decisions made at the meeting would propel the nation’s economy and help alleviate the poverty in the land, as well as helping to create employment and put food on the table of Nigerians. Also, the Chairman of the BUA Group, Abdul Samad Rabiu, said that the committee held frank and exhaustive discussions with the President on the foreign exchange rate. Citing the recent volatility of the naira against the dollar, Rabiu said: “We discussed on how to bring the foreign exchange rate down because we all know that what is happening as regards the foreign exchange is artificial. It is manipulative and thank God the CBN is doing quite a lot.”
The Defence Headquarters has called on relavant security agencies to immediately take appropriate action against the Sahara Reporters for publishing a phoney coup plot in Nigeria. In a statement today, February 26, the Defence Headquarters described the report about coup plot as “unpatriotic.” In the statement signed by the Acting Director, Defence Information, Brigadier General Tukur Gusau, the Defence Headquarters said that it would also seek legal redress on the issue. It made it clear that the coup plot story “has the ulterior motive of creating unnecessary tension in the country.” Part of the statement reads: “the attention of the Defence Headquarters has been drawn to a malicious and unfounded article published online by the Saharareporters.com on 25 February 2024 claiming that the Guards Brigade has been put on high alert following unusual movements, leading to suspicion of a coup plot in Nigeria. “The publication also asserted amongst other things, that the suspicion prompted emergency meeting involving President Bola Tinubu, the Chief of Staff to the President and Commander of the Guards Brigade. “The Defence Headquarters wishes to categorically state that the allegation is totally false. For the avoidance of doubt, the Guards Brigade has been statutorily assigned the responsibility of protecting the seat of power (The Presidency) and by extension, the Federal Capital Territory and its environs. “Hence, it is to be noted that the Guards Brigade has always been on high alert in order to effectively executive its assigned tasks. “It will be recalled that the Chief of Defence Staff, General Christopher Musa OFR had, in various fora, reiterated the unalloyed commitment of members of the Armed Forces of Nigeria to the protection and sustenance of democracy in Nigeria. “Therefore, the Defence Headquarters strongly condemn this unsubstantiated assertion which is just a figment of imagination of the publisher and enjoins members of the public to disregard it.”
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