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Ex Secretary Of State, Kerry, Angry With Absence Of US At Paris Summit, Says It’s A Disgrace

Ex-US Secretary of State, John Kerry
Ex-US Secretary of State, John Kerry

Former US secretary of state, John Kerry, is obviously angry with the absence of the American government at a major climate change summit which began today in Paris, capital of France today, Tuesday, describing it as a “disgrace”.

About 60 world leaders and hundreds of ministers, company bosses and environmentalists gathered for the One Planet Summit called by French President Emmanuel Macron after Donald Trump’s decision to abandon the global climate accord.

President Trump was not invited and the US federal government was represented by the second-highest diplomat in the American embassy in Paris, Brent Hardt, two years to the day since Kerry and then-president Barack Obama helped lead pain-staking diplomatic efforts to clinch the Paris accord.

“It’s very disappointing, it’s worse than disappointing, it’s actually a disgrace when you consider the facts, the science, the common sense, all the work that’s been done,” Kerry told AFP on the summit sidelines.

The Paris Agreement took “26 years of work that’s being dishonoured by people who don’t even understand the science,” he added.

American summit participants included the campaigning governor of California, Jerry Brown, as well as former New York mayor Michael Bloomberg who has put together a coalition of cities, companies and activists called “America’s Pledge” to help reduce US emissions.

Trump’s announcement that he will withdraw from the global pact, which the United States is the only nation to reject, has cast doubt on the viability of the deal which aims to keep global warming below two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels.

Asked if the United States could meet its Paris accord pledge to reduce emissions by at least 26 percent by 2025, over 2005 levels, Kerry was upbeat because of efforts at the local level.

“I think it is possible, yes,” he told AFP.

Brown and Bloomberg both took aim at Trump’s climate stance.

“We have a climate denier in the White House who says climate change is a hoax,” Brown told a panel.

“We can’t wait for the White House to wake up. We in America are operating from the grassroots… Our work is incredibly difficult.

“We have mobilised to some extent, but we are not yet on track to reduce the rising greenhouse gases,” he added.

Bloomberg said the 1,700-member coalition of regional governments, cities, companies, and civil society groups that have formed America’s Pledge, represent more than half the US economy.

“If it was a country it would have the world’s third-largest economy and it continues to grow,” he said.

“Together we are going to meet the goal set by this country in Paris by reducing emissions by at least 26 percent and there isn’t anything that Washington can do to stop this,” he added.

“On the contrary, President Trump has helped rally people who understand the problem to join forces and to actually do something rather than wait for the federal government… In that sense we owe President Trump a measure of gratitude for helping us meet our goals,” he quipped.

Source: AFP[myad]

FIFA Fines Super Eagles N2.17 Million For ‘Cheating’

Super Eagles lossThe World governing body, FIFA, has punished Nigeria with a heavy fine of  CHF 6,000 (N2.17 million) for fielding an ineligible player against Algeria in a Russia 2018 World Cup qualifier.
The disciplinary committee of the body in a statement today, Tuesday, said that the fine came on the heels of the match between Algeria and Nigeria on November 10, 2017.
The match, according to the committee, is declared to be forfeited and awarded 3-0 in favour of Algeria, with the NFF also receiving a fine of CHF 6,000.
“The sanction relates to the player Abdullahi Shehu failing to serve the automatic one-match suspension imposed on him as a result of receiving a caution in two separate matches of the same competition.

This sanction bears no impact on the final result of the preliminary competition for the FIFA World Cup since Nigeria had already qualified (and Algeria eliminated) before the match took place,” the statement reads.
Due to the sanction, Nigeria’s points in the group stage will automatically drop from 14 to 11, while Algeria gets five points.[myad]

Senate President Faults Court Of Appeal’s Ruling: It Is Not Consistent With Evidences

Senate President, Abubakar Bukola Saraki
Senate President, Abubakar Bukola Saraki

Senate President, Dr. Bukola Saraki has said that the ruling by the Court of Appeal today, Tuesday, declaring him innocent of the 15 out of the 18 count charges brought against him on the alleged false declaration of assets is not consistent with the submissions made by both parties at the Code of Conduct Tribunal.

Reacting to the court of Appeal’s judgment, Saraki said: “I remain convinced about my innocence on the three (or two) counts because I believe the decision of the Court of Appeal is not consistent with the submissions made by both parties at the Tribunal. Thus, it is my view that that aspect of the judgment will not stand.”
Saraki who said however that his confidence and faith in the nation’s judiciary and its ability to dispense justice to all manners of people remains unshaken, said that very soon his lawyers will review the grounds of the decision of the court of Appeal’s judgment and take appropriate action.

The statement which was issued by his media aide, Yusuph Olaniyonu, quoted Senator Saraki as saying that the totality of the court’s ruling had further proves his innocence.
“We noted the verdict of the Court of Appeal Court today in which it agreed with the decision of the Code of Conduct Tribunal that Senate President, Bukola Saraki has no case to answer on 15 of the 18 charges filed against him by the Federal Government.
“We believe that upholding the no case submission by Mr. Saraki with regards to 15 of the 18 counts charges vindicates the innocence of the Senate President. At least, today’s judgement has confirmed the position of the Tribunal that the prosecution’s case was entirely based on hearsay, not on any concrete evidence.
“The verdict of the Court of Appeal, just like that of the Tribunal before it, aligned with our position that the preposterous claims made during trial by the prosecution concerning operation of foreign accounts, making anticipatory declarations, collecting double salaries, owning assets beyond his income and failure to declare assets owned by companies in which the Senate President owns interests, among others, have fallen like a pack of cards and lack any basis.
“On the remaining three counts, which really touch on two issues, referred back to the Tribunal for the Senate President’s defence, it should be noted that the Appellate Court only gave a summary of its decision today promising to provide the parties with certified true copies of the judgment soon.”[myad]

CBN Boosts Forex Market With Additional $210 Million

bag-of-dollarsThe interbank window of Nigeria’s Foreign Exchange market has received yet another boost of $210 million from the Central Bank of Nigeria (CBN).

According to figures obtained from the Bank, today, Tuesday’s interventions were for the Wholesale, Small and Medium Enterprises (SMEs) and invisibles segments of the market.

The Acting Director of the Corporate Communications at the CBN, Isaac Okorafor said that the Bank offered the sum of $100 million to the wholesale segment, while the SMEs and invisibles segments each received the sum of $55 million.

He said that the releases were meant to boost liquidity, trade and ease of remittances for legitimate personal commitments.

Okorafor said that in spite of the stable rate of N360/$1 and the expected inflow from various sources such as the Eurobond and remittances from the Diaspora, the apex Bank would continue to intervene in the inter-bank forex market to guarantee liquidity.

He said that the apex bank’s interventions had largely checked unwholesome activities of currency speculators, assuring that the bank would not relent in its daily monitoring of activities in the market in order to ensure that all concerned operate in line with extant rules.

Meanwhile, the naira maintained its steady rate against major currencies around the globe, exchanging for N360/$1 in the BDC segment of the market today, Tuesday 12 December.

 [myad]

How Recession Affected Our Capacity To Reduce Effects Of Climate Change, Buhari Tells World

President Muhammadu Buhari
President Muhammadu Buhari

President Muhammadu Buhari has asked international community to assist Nigeria in meeting up its financial obligations towards reduction of the negative effects of climate change as the country is just emerging from excruciating economic recession.

Buhari, who spoke in Paris, capital of France today, Tuesday, said: “having just come out of recession, we are under no illusion of the challenges that we face in Nigeria.

“Nigeria recognizes that ensuring sustainable funding is a major constraint in efforts to implement the Nationally Determined Contribution. To respond effectively to climate change mitigation and adaptation challenges, critical mass of financial resources beyond what we can provide from our national resources will be required.”

The Nigerian leader, in his submission to the One Planet Summit in the French capital attended by over 60 Heads of State and Governments, as well as representatives of non-governmental and private organizations, with the theme, “Climate Change Financing,” emphasized: “we cannot implement our Nationally Determined Contribution without adequate financial, technical and capacity building support from the developed countries.”

Buhari said that since the adoption of the Paris Agreement, Nigeria had been strengthening efforts towards the implementation of the Agreement and the Marrakech Call for Action, adding that even Nigeria had already ratified the Paris Agreement in May 2017.

President Buhari stressed that the country’s “Nationally Determined Contribution to reduce our emission by 20% by 2020 and 40% by 2030,” cannot be attained alone even as he said that the country has “embraced the issuance of the green bond as an innovative and alternative source of projects funding that would help reduce emissions and provide robust climate infrastructure, such as renewable energy, low carbon transport, water infrastructure and sustainable agriculture in line with the Paris Agreement.”

The President said that the government was tightening the existing governance structure in Nigeria for more effective implementation of climate change activities, including the additional responsibilities that are consequent on the adoption of the all-encompassing climate change treaty.

He said that his government is actively promoting technologies and practices such as sustainable land management, climate resilient agriculture, water efficiency, clean energy, and skills for reducing greenhouse gas emissions among others, adding that sustaining these efforts will also require external support.

Other measures required, he said, included “accelerating Research and Development on facilitating Access to Climate Friendly Technologies, through technology pooling and collective approach to financing Research and Development, regulating restrictive practices in licensing agreements and anti-competitive uses of Intellectual Property and International Declaration on Climate Technologies.”

“In Nigeria, we are looking at insurance-based proposals to deal with loss, damage and adaptation to the poor, vulnerable and hard-to-reach groups. Risk mitigation through insurance must benefit those groups who currently have negligible access to any form of indemnity coverage. Vulnerable groups will also benefit from new technologies and ways to make insurance schemes affordable, including through long term premium support.”

Buhari said that the adverse impacts of climate change such as temperature rise; erratic rainfall, sand storms, desertification, low agricultural yields, drying up of water bodies like Lake Chad, gully erosions and constant flooding are a daily reality in Nigeria, even as he admitted that highly vulnerable communities lack the capacity to cope.

He said that Nigeria would require external assistance in the following areas: “A long term solution for a source of clean power, which can be achieved through private investments to create economic competitiveness for industrialization, job creation and agricultural programmes throughout the country; and the inclusion of Nigeria in Climate Regional Programmes, especially strong financial support to our planned project for the replenishment of the Lake Chad.”

The President noted that this long term solution will ensure sustained livelihood for rural and urban communities, and permanently address the conditions conducive to the spread of violent extremism and terrorism, and stem illegal migration especially of our youths abroad.

In acknowledging that the external support must be sustained on a long term basis, President Buhari emphasized that the changes that Nigeria and other developing countries need to make cannot be undertaken overnight.

He said that some fundamental restructuring of our economy was required, adding that “in this process, technology will be a powerful tool to simultaneously address climate change and advance development.”

The President looked up to the developed countries to jointly take a leading role in mobilising support for this action plan on addressing the challenges of climate change within the framework of the General Assembly of the United Nations.

In their remarks, the three co-chairmen of the plenary session, the United Nations Secretary-General, Antonio Guterres, the World Bank President, Jim Yong Kim, and the French President, Emmanuel Macron, stressed the imperative of a global comprehensive and speedy action, including private sector financing against the devastating impact of climate change.

President Buhari had before the summit, attended a luncheon hosted by his French counterpart in honour of visiting Heads of State and Governments at the Elysee Palace.[myad]

Cargo Airport In Nasarawa State Ready For Flag-Off By President Buhari

Governor Umaru Tanko Al-Makura of Nassarawa State
Governor Umaru Tanko Al-Makura of Nassarawa State

Governor Tanko Umar Al-Makura has announced that the Cargo Airport around Keffi in the state is now 60 percent completed and ready for flag-off by President Muhammadu Buhari when he pay official visit to the state soon.
“On the cargo airport, that is one of the project we hope Mr. President will commission. The cargo airport which is very critical in the development of Nasarawa State and also the corridor of the federal capital Territory and also to promote the diversification initiative of Mr. President to boost economic activities like trade. The airport is 60 percent completed and we intend for Mr. President to flag off the terminal building of the project.”
Governor Al-Makura, who fielded questions from newsmen shortly after a closed-door meeting with Abba Kyari, Chief of Staff to President Buhari, said that he request to the President to visit his state has been approved which was why “I have come to discuss the details with the Chief of Staff.”
He said that the President will commission many projects that are aimed at well being of the common man.
“The most basic and the most sensitive, which we think the people should be considered is the comprehensive special school for people with disability. This is likely to be the largest single school in the whole of the federation that caters for all categories of people with disability. From cerebral palsy popularly known as autism to people with vision impairment, hearing impairment and even physical impairment like the cripples.
“That school is supposed to cater for the education of children with disability right from kindergarten stage up to senior secondary. This will give tremendous amount of relief to parents who have children living with disability, whose education could not go beyond certain level.
“That school is like a premier institution which an admit people not only within Nasarawa State or north-central zone but all over the country. But what is more, that’s for free.
“This we have decided to do in line with Mr. President’s focus and vision and manifesto of our party.”
Governor Al-Makura recalled that the last time President Buhari visited Nasarawa state during the electioneering campaign, he met with people living with disability and made irrevocable commitment to look after their welfare.
“I as one of the frontline CPC then and APC governors had to see what to be done to ensure the fulfillment of such promise.
“Secondly, Mr. President, we are hoping, will have time to look at people oriented projects like roads that we have constructed and bypass where a lot of accidents are taking place, like Lafia to Keffi or to Abuja. We have reduced the hours on road by about 50 minutes, that is not a small thing that the people are enjoying.”
“We have a primary health care center that is suppose to be a center for providing services within and around areas that are deprived of health services. This is the first of its kind in the country, and we are talking with the federal ministry of health and primary health care Development agency at the national level so that this will be one of the items Mr. President will commission.
“There are also some water projects, a number of them that I cannot mention right now.”

[myad]

Industrial Training Fund Boss Advocates Skills Acquisition As A Way Of Stemming Migration By Youths

Sir Joseph N. Ari
Sir Joseph N. Ari

Director-General/Chief Executive of the Industrial Training Fund, Sir Joseph N. Ari has advocated the acquisition of relevant skills as one of the best ways to stop Nigerian youths from mass casualties on the high seas, enslavement and other harrowing misfortunes through migration to Europe.
The ITF boss, who spoke when he received some stakeholders of the Fund today, Tuesday, said that making the youth to acquire relevant skills would also address the Federal Government’s efforts at creating jobs, in addition to serving as a solution to waves of migration by the youths.
He said that in moves to introduce the youths to skill acquisition and make them to fill available vacancies in the Ministries, Departments and Agencies (MDAs, the ITF has embarked on a number of initiatives and expanded existing programmes to ensure that more Nigerians are empowered to also promote entrepreneurship.
Ari listed some of the programmes to include the National Industrial Skills Development Programme (NISDP), Passion to Profession, Training on Wheels Using Mobile Training Units, the Women Skills Empowerment Programme (WOSEP), the Technical Skills Development Project (TSDP) as well as the Vulnerable and Indigent Youth Empowerment Programme (VIYEP) and several others.
The ITF boss said that the NISDP had trained over 100,000 Nigerians since it commenced, adding that under the ongoing phase in the 36 states and the Federal Capital Territory (FCT), the ITF is training 11,100 trainees with skills in Welding and Fabrication, Tailoring and Garment Making, and Plumbing and Pipe Fitting.
The Director General said that in the last one year alone, over 70,000 Nigerians benefited from these skills acquisition programmes, and that all the beneficiaries were given starter packs to start their businesses.
He said that about 90 percent of the beneficiaries are either currently successful entrepreneurs or earning livelihoods as paid employees according to the monitoring and evaluation of graduates conducted by the ITF.
Ari noted that some of the programmes were carried out in collaboration with several Organisations and Agencies both Private and Public in order to check unemployment and promote entrepreneurship.
He said that State governments could collaborate with the ITF towards the establishment of Industrial Skill Training Centres (ISTCs), which will be managed by the ITF on their behalf.[myad]

Kano Has 3 Million Pupils In Primary Schools, Builds Classrooms For Additional 21, 960

pupilsKano state governor, Dr. Abdullahi Umar Ganduje has said that the state has over three million pupils in primary schools.
“Presently, we have over three million children in public primary school, which is more than the population of some states. Classes, furniture and educational materials are not enough so it is our responsibility to do our best to address this challenge.”
The governor, who today, Tuesday, laid foundation for additional classroom blocks at Darmanawa Special Primary School in Tarauni local government area, that would accommodate 21,960 pupils, said that the new blocks of classrooms are being put up under the 2016 fiscal year of the state government/Universal Basic Education matching grant projects, worth N2.2 billion.
Governor Ganduje said that under the scheme, 61 two-storey blocks consisting six classrooms per block, including offices, would be constructed and furnished.
“Each block will have six classrooms. Each classroom will accommodate 60 pupils, so more opportunity will be provided for our teeming children to attend public schools and enjoy our free education policy”, the governor stated.
He explained further that 20 out of the 60 new blocks to be constructed would be sited in Kano metropolis, while the remaining 41 would be spread across the rural areas of the state, in view of disparity in pupils’ density.
He said that arrangement I being made to access N2.4 billion UBE counterpart fund for the 2017 fiscal year within the next two weeks, adding that his administration would not relent in expanding access to education for all children in the state.
He appealed to communities, wealthy individuals and corporate bodies to support the government’s stride in the education sector, by providing infrastructure and teaching/learning materials in public schools.[myad]

Nuhu Ribadu Fingers Banks’ Insiders In Most Money Laundering Cases

Nuhu Ribadu
Nuhu Ribadu

The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Nuhu Ribadu has said several money laundering cases happen in Nigeria with the active connivance of banks’ insiders.
Ribadu, in a keynote address at the Book Launch in Abuja on “Improving Anti-Money Laundering Compliance: Self-protecting Theory and Money Laundering Reporting Officers,” said that the banking system is prone to abuse by corrupt elements.
“Our banking system is prone to abuse by corrupt elements. As investigations reveal every now and then, almost no case of corruption occurs without the involvement of banks and bankers.”
Ribadu said that the development is not because the country is lacking in laws and regulations, but because Nigeria is lacking in issues with compliance and enforcement.
“We have them in abundance. Even the EFCC Act, for example, amply tackles these issues, we also have the Money Laundering (Prohibition) Act, 2011, the CBN AML/CFT Regulation, 2009 (as amended), among others.
“As is often said, Nigeria is not lacking in laws but the issue is with the compliance and enforcement. It is the same with AML issues. Despite the best efforts of the anticorruption agencies, some audacious and unpatriotic elements still find room to abuse the system, despite the possible consequence.”
He advised banks to identify the risk of money laundering in relation to products, services and customers and assess such risks at every stage, adding that such risks should also be managed whether high, medium or low- risk profiling through reporting, due diligence and monitoring.
He advised the Board and management of banks to cooperate with law enforcement agencies and regulators, not only by the word of mouth but in letter and spirit.
Earlier, the chairman of the occasion and Governor of Central Bank of Nigeria(CBN), Godwin Emefiele who bought copies of the books for banks and universities in Nigeria said trends in the flow of illicit financial transactions need to be curtailed, adding that dirty money flows are proceeds of corruption and crime which must be combatted.
He said that as for the banks of which he superintends, there have been great efforts to support anti-money laundering policies and actions and the development will continue to tackle the menace.
Reviewing the book, former Director General of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), Professor Abdullahi Shehu said that the book provides recommendations on how to improve the effectiveness and efficiency of Anti-Money Laundering Law compliance by introducing the theory, framework and approach for dealing with the concerns of Money Laundering Reporting Officers within the banking industry.
The book is authored by Dr. Abdullahi Usman Bello of the Abdulbel Consulting.[myad]

Senator Saraki Cannot Be Freed, He Has Case To Answer, Court Of Appeal Over-Rules Tribunal

Bukola Saraki 2The Court of Appeal, Abuja Division has over-ruled the Code of Conduct Tribunal (CCB) which discharged and acquitted the Senate President, Dr. Bukola Sararki on an 18 count charge bordering false asset declaration.
Justice Tinuade Akomolafe-Wilson in the 70-page unanimous judgment today, Tuesday, dismissed 15 out of the 18 counts charges, describing the dismissed charges as incompetent in the face of the law.
The federal government had filed an appeal against the decision of the CCB for discharging and acquitting the senate president on the 18 count charge in a ruling on no case submission delivered in June this year.
The court said that Senator Saraki should make some explanations on the three counts only.
The judge held that on counts 4,5 and 6 bothering on the purchase of house 17 A and B at McDonald Street, Ikoyi Lagos by the Senate president, the prosecution was able to establish a prima facie case against Saraki.
The Appeal court held that the prosecution had established the were discrepancies in the claims on the asset declaration forms as to how the two houses in Ikoyi were acquired.
The Appeal Court held that the senate president needs to provide explanations to the discrepancies established by the prosecution that the properties he claimed were bought from sales of rice and sugar in his asset declaration form were bought from loans acquired from a commercial bank.
The court concluded that credible evidence was led by the prosecution on counts 4,5,6 to warrant the defendant to be called upon to defend himself on how he acquired the properties disclosed in the three counts.
Justice Akomolafe-Wilson said that from the totality of the evidence adduced at the tribunal, it was proved beyond reasonable doubt that the 15 counts knocked off were based on hearsay evidence that have no probate value.
The court further held that the information supplied in the report used to prepare the charge by the federal government against Saraki did not link Saraki directly with the charges as required by law.
The Appeal court held that the federal government erroneously came to the conclusion that the onus to prove the 15 charges was on Saraki whereas it is an established fact that the party that alleges must be the one to prove beyond reasonable doubt.
The court faulted the federal government on the claim that Saraki collected salaries and emoluments from Kwara State government after he had left office as the executive governor of the state adding that it was a big surprise that no single witness was invited from Kwara State to prove the allegation.
The court did not take kindly to the prosecution’s allegation that Saraki operated foreign account while he was in office as a state governor but called no witness to establish the allegation in line with section 37 of the Evidence Act.
On the count 15, the court held that the allegation was substantially based on hearsay that does not drive value from merit adding that in a criminal trial, evidence base on hearsay is inadmissible in law.
“On this point, the federal government failed in the allegation of operation of foreign account by the defendant as no foreign bank account was linked to the defendant while also no direct evidence was obtained from Kwara State government to establish the allegation of payment of salaries to Saraki after he had left.”
The appeal court further held that the 48 documents tendered by the federal government and admitted by the tribunal were not from the appropriate sources that were supposed to tender them before they could be admitted in line with provisions of the law.
Having established prima facie case against Saraki in respect of counts 4,5 and 6 which bothered on the properties at McDonald Street, Ikoyi – Lagos, the court said that the tribunal should conduct trial so as to arrive at a just conclusion on the 3 charges instead of dismissing them at a no case submission stage.
“In conclusion, we find no merit in 15 out of 18 count charges brought against the defendant by the complainant and we hereby uphold the decision of the tribunal delivered in June this year on the finding.
“On the remaining three, it is hereby ordered that counts 4,5 and 6 be remitted to the tribunal for retrial to enable the defendant offer explanations where necessary.”
The federal government had on September 11, 2015 filed 13 count charges on false assets declaration against Saraki and later amended the charge and increased the counts to 18.
During the trial, 4 witnesses were called and 48 documents were tendered by government to establish the case of false assets declaration against Saraki.
However, at the close of the prosecution’s case, Saraki made a no case submission to the effect that he was not linked directly with any of the charges and that the charges were based on hearsay.
The tribunal headed by Danladi Yakubu Umar in his ruling on the no case submission delivered in June this year, upheld Saraki’s claim that the charges were based on hearsay and discharged and acquitted him from the trial.
The federal government felt dissatisfied with the decision of the tribunal and approached the court of appeal with a prayer that the decision of the tribunal be set aside on the ground that there was a miscarriage of justice.
Meanwhile, the Senate President has indicated his readiness to approach the Supreme Court to challenge the validity of the three count upheld by the court of appeal against him.
His counsel, Paul Usoro SAN said that the judgment would be studied and that the apex court will be invited to adjudicate on the three charges with a view to get them nullified.
Counsel to the federal government, Rotimi Jacobs SAN also said that the legal team of government will study the judgment and decide the next line of action.[myad]

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