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Obama Thumbs Up For Buhari’s Economic Reforms, Says They Are Bold

obama-and-buhari-in-new-york

President Barack Obama of the United States of America has commended President Muhammadu Buhari’s economic reforms, describing them as “bold.”
President Obama who made the commendation when he met with Buhari on the sidelines of the ongoing 71st UN General Assembly in New York, said that Ameoffer support to Nigeria in the areas of agricultural development, recovery of stolen funds and the fight against Boko Haram.
He said that America would put things on ground to sustain partnership and cooperation between the two countries, adding: “we discussed broader issues on development and the President is taking some very bold economic reforms in allowing for a flexible exchange rate.
“We are focusing on agriculture and we pledged to offer all the assistance that we can in that area and as the president is trying to stamp out corruption and to recover external funds that may have been illegally obtained and are sitting in bank accounts around the world.
“As he continues to work to see that the security forces inside Nigeria are abiding professional and human right standards, what we have pledged is that we will partner in any way that we can be helpful.”
President Obama, who spoke at a briefing after the bilateral talks, said his administration is carefully coordinating additional ways to make further progress in not only destroying Boko Haram but to ensure that the region fully recovered.
He said that America is also willing to assist Nigeria to facilitate a reduction of the conflict in
the Niger Delta region.
“America is willing to help in any way it can to faci any way it can to facilitate a reduction of conflict in the Niger Delta region, a major oil-producing region, but one that has been mired by a number of militant organizations that have appropriated or siphoned off the oil revenues.
“The President, I think, is wisely heading a delegation to bring varying stakeholders together and try to make progress on that front. We want to be helpful in any way that we can.”
In his remarks, Buhari thanked Obama for the assistance rendered so far in the fight against terrorism, especially in the training of Nigerian military in both hard and software.
He said that steady progress is being made towards resolving the problem in the Niger Delta region, which led to economic sabotage on a grand scale. [myad]

French President To President Buhari: We Believe In Nigeria, We Will Bring Investments

French President, Francois Hollande
French President, Francois Hollande

President Francois Hollande of France of has told President Muhammadu Buhari in New York, the United States of America that his country believes in Nigeria and is planning to bring a lot of investment soon.

“We will invest in Nigeria, we believe in her,” President Hollande said when he had a bilateral meeting with President Buhari on the sidelines of the ongoing 71st United Nations General Assembly in New York.

Hollande pledged that France would not only fully engage with Nigeria on different fronts, but would also provide humanitarian assistance in the North East. This was even as President Buhari commended the cordial diplomatic relationship that has been existing between Nigeria and Franc.
“Apart from your country’s close relationship with us, you have maintainws the same with most of our neighbours. We seek more collaboration, particularly in agriculture, mining and security.”

President  Buhari told his French counterpart of the Presidential Committee on the North East, which he described as a one-stop mechanism on development partnership for a zone that has been ravaged for many years by Boko Haram insurgents, and which needed urgent rebuilding.
At another audience with President Johann Schneider-Ammann of Switzerland, President Buhari sought his counterpart’s cooperation on speedy repatriation of Nigerian money stashed in that country, stressing that Nigeria needed such resources, particularly for infrastructure.
With the two countries having agreed on projects to which the restituted funds would be deployed, President Schneider-Ammann promised quick action, as soon as the draft agreement was signed. He also pledged consolidation of mutual trade relationships, infrastructural development as well as support in training and equipping of the Nigerian military.  [myad]

Christians Association Of Nigeria Declares 3-Day Fasting, Prayers On Recession

CAN President Supo

The leadership of the Christian Association of Nigeria (CAN) has declared three days of fasting for Nigeria in the bid for the country to recover from the economic recession it is facing.
The Christian Association said in a statement that the fasting is scheduled for September 21 to 23.
According to the statement signed by Pastor Adebayo Oladeji, the Special Assistant (Media) to the CAN President, Rev. Samson Olasupo Ayokunle, the prayer and fasting will be for the nation, President Muhammadu Buhari and his team.
“We call on all Christians nation-wide to seek the face of God for divine intervention as our political leaders are seeking for the panacea to the economic recession and the attendant problems.”
The statement quoted 2 Chronicles 7:14 to back up the call.
The Bible passage states: “If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.” [myad]

UN Scribe, Ban Ki-moon Asks Leaders To Serve People, And Not Subvert Democracy

UN Secretary General, Ban Ki-moon
UN Secretary General, Ban Ki-moon

The United Nations (UN) Secretary General, Ban Ki-moon has asked leaders in many countries to serve their people diligently and stop subverting democracy.

He said: “In too many places, we see leaders rewriting constitutions, manipulating elections and taking other desperate steps to cling to power.My message to all is clear: serve your people. Do not subvert democracy; do not pilfer your country’s resources; do not imprison and torture your critics.”

Ban Ki-moon, who spoke at the ongoing 71 General Assembly of the UN in New York, the United States of America, charged South Sudan’s leaders, which includes Kiir, with having “betrayed their people” by pursuing a violent path to power.

He blasted Syria’s Assad for prosecuting a brutal military campaign to cling to power at the expense of millions of brutalized victims of war.

“Many groups have killed many innocents — but none more so than the government of Syria, which continues to barrel bomb neighborhoods and systematically torture thousands of detainees,” he said.

Ban excoriated the outside powers that have supported the warring parties on both sides of the conflict. While Ban didn’t name names the list of regional or global powers — from Russia and Iran to Turkey, Saudi Arabia, France and the United States — that supported the combatants — is long. “Powerful patrons that keep feeding the war machine also have blood on their hands,” he said. “Present in this hall today are representatives of governments that have ignored, facilitated, funded, participated in or even planned and carried out atrocities inflicted by all side.”

In what appeared to be an implicit criticism of Republican presidential nominee Donald Trump and nationalist, anti-immigrant leaders in Europe, Ban criticized politicians for scapegoating foreign migrants, especially Muslims, and engaging in “cynical and dangerous political math.”

“Muslims in particular are being targeted by stereotyping and suspicion that have echoes of the dark past,” he said.

Ban also voiced particular frustration that efforts to welcome an independent Palestinian state during his tenure have foundered. “It pains me that this past decade has been lost to peace. Ten years lost to illegal settlement expansion. Ten years lost to intra-Palestinian divide, growing polarization and hopelessness.”

“This is madness. Replacing a two-state solution with a one-state construct would spell doom: denying Palestinians their freedom and rightful future, and pushing Israel further from its vision of a Jewish democracy towards greater global isolation.”

Israel’s U.N. ambassador, Danny Danon, fired back shortly after the speech. “The real madness belong to the U.N.,” he said in a statement. “Instead of focusing on Palestinian terror and incitement, and instead of compelling Mahmoud Abbas to return to the negotiating table, the secretary general chose to criticize Israel once again. This is an obsession with Israel and it must end.”

He also expressed remorse over two internal scandals that have roiled his tenure at the U.N., the exploitation of women and children in the Central African Republic by U.N. peacekeepers and the outbreak of cholera in Haiti, which was introduced into the country be Nepalese U.N. peacekeepers.

“I would like to use this moment to express my regret,” he said, noting that the incidents “tarnished the reputation of the United Nations and, far worse, traumatized many people we serve.”

In Haiti, the U.N. had denied responsibility for years, but Ban said he was working on an aid package for victims and their families in the impoverished country. [myad]

Anti-Corruption Campaign Is Yielding Positive Dividends, Buhari Jubilates

Kill corruption

President Muhammadu Buhari has expressed satisfaction that his anti-corruption campaign has starting yielding positive dividends and that significant recovery of stolen assets has been made.

The President was emphatic that corruption has the capacity to freeze development and undermine the attainment of the Sustainable Development Goals (SDGs).

Presenting Nigeria’s Statement at the 71st Session of the United Nations General Assembly (UNGA71) in New York, on the theme: “Sustainable Development Goals: a Universal Push to Transform the World,” the President restated that “fighting corruption remains a cardinal pillar” of the current administration.

President Buhari said that Nigeria remained committed to achieving the SGDs, which he noted, “underscore the imperative for our collective will towards finding enduring and sustainable solutions to addressing global disparities.”

“The recovered funds are being channeled towards the development of critical infrastructure and the implementation of social inclusion programmes for our people,” President Buhari said, adding that the capacity of government agencies was being strengthened to institutionalize reforms that will ensure transparency and good governance.

He said that Nigeria will continue to call for speedy and unconditional recovery of illicit assets stashed abroad, stressing that “Nigeria supports the development of an international legal framework to enforce anti-corruption measures and strengthen existing international institutions to effectively deal with corrupt practices.”

While acknowledging that Nigeria is not spared the adverse effects of the current global economic downturn, the President noted that his administration remained undeterred and has embarked on comprehensive diversification reforms by shifting emphasis to non-oil sectors of “mining, agriculture, industrialization, infrastructure development and the creation of the enabling environment for Foreign Direct Investment.”

He stressed that “Our strategic objective is to stimulate the economy, restore growth and accelerate recovery. In doing this, we are taking measures to reduce the cost of governance and increase expenditure on infrastructure and ensure environmental best practices.”

On Climate Change, President Buhari said that Nigeria is proud to have been part of the process leading to the adoption of the Paris Agreement in December 2015, and supports the African Union initiative on the Great Green Wall to halt desertification. While attributing the drying up of Lake Chad to the negative consequences of Climate Change, he called for global support to raise $14 billion US Dollars being the estimated cost of restoration of the Lake over a five-year plan.

The President said that it was in furtherance of the country’s commitment to environmental sustainability that Nigeria launched the cleanup of Ogoniland, even as he called on development partners and multinationals to contribute to the Ogoniland Restoration Fund.

The Nigerian leader also spoke on dangers posed by global terrorists, adding that “Nigeria has made remarkable progress in our resolve to defeat Boko Haram whose capacity to launch orchestrated attacks as a formed group has been severely degraded. In the last few months, their operations have been limited to sporadic use of Improvised Explosive Devices (IEDs) against soft targets.”

Nigeria, he noted, will continue to fight terrorism “based on the established rules of engagement and in conformity with international best practices,” as he called for enhanced international cooperation to defeat the global scourge.

President Buhari also stated Nigeria’s position on flow of migrants, statehood for Palestinians in conformity with Security Council resolutions; the vital role of youth to national development; nuclear security and the reform of the United Nations Security Council to give Africa adequate representation.

“Nigeria stands ready to serve Africa and the world on a reformed Security Council to advance international peace and security.” [myad]

I Won’t Tolerate 17 Year Old Being Presented As Youth At Kwara Youth Games – Minister

FCT Minister Bello 5

“This is a youth game and we want our youths to develop, not the 17 years old that has four children. In FCT, we want to be factual. We want to be real. We don’t want to go with cheats.”

Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello gave this warning today, Wednesday when he bade farewell to the FCT Contingent to the National Youths Games scheduled to commence on Friday in Ilorin, Kwara State. He was represented at the occasion by the FCT Permanent Secretary, Dr. Babatope Ajakaiye.

The minister stressed that it is the intention of his administration to ‘catch them young’ to ensure that the FCT and the country at large develop formidable athletes for international competitions like the Olympic games.

He urged the athletes to go to Kwara and win medals, saying “that is why we have tried as much as possible to provide you with all that is necessary to make you comfortable here and in Ilorin. So, you should try all your best. You are doing this for yourself, for FCT and for Nigeria. We want to catch you when you are young and we want to make sure that we also motivate you to excel.”

The Minister also warned against the use of drugs; saying: “the use of drugs will motivate you today to win but your health will fail tomorrow.”

“So, for your own good, don’t go there and take drugs so that you can win. Go there and do everything naturally. Use your natural talents, your skills and all that have been taught you to win medals for FCT.”

He assured that the FCT Administration would continue to support youth sports development in line with the Change Agenda of the Federal Government.

The Minister also promised to reward all those that excel at the games accordingly.

The FCT contingent is going to Ilorin with 82 persons comprising of Athletes, officials as well as the medical team. They are expected to participate in 9 out of 12 games namely: Athletics, Badminton, Chess, Karate, Table Tennis, Tennis, Taekwondo, Cricket and wrestling.

Meanwhile, the minister has approved the constitution of the FCT Land Use and Allocation Committee (LUAC) in line with the provisions of the Land Use Act 1978.

The minister who received the Commandant of the National Defense College, Rear Admiral Sunday Alade who paid him a working visit in his office, said that that the 12-member Land Use and Allocation Committee is to be chaired by the FCT Permanent Secretary, Dr. Babatope Ajakaiye.

Accordingly, the Committee is expected to identify land available for possible allocation within the Territory, process requests and advise the FCT Minister.

He said that the constituted committee would also advise the Minister on matters connected with the management of land, resettlement of persons affected by the revocation of rights of occupancy, as well as determine disputes as to the amount of compensation payable for improvement on land.

According to him, the Committee is to ensure equity, transparency and due process in all land allocation in the Federal Capital Territory.

The minister said that members of the Committee include the General Counsel/Secretary, Legal Services Secretariat; Secretary, Area Council Services Secretariat; Directors of Engineering Services, Resettlement & Compensation, Urban & Regional Planning, Survey & Mapping as well as Abuja Geographic Information Systems (AGIS).

Others are the Special Assistants to the Hon. Minister and the Permanent Secretary; while the Director of Land Administration is a member/secretary to the committee.

Muhammad Bello however said that all new land allocations would be tied to development of infrastructure like power, access roads, telecommunication ducts as well as sewer lines to ensure that the time between allocation and development is reduced considerably.

On the Commandant’s request for the support of the Minister to establish a Secondary School at the Defense College Barack in Ushafa, in Bwari Area Council, Malam Bello promised to assist, even though it would be funded by the Defense College.

He has therefore directed the Department of Urban and Regional Planning to identify a suitable plot within the vicinity of the Barrack for the establishment of the planned school in conformity with the Land Use and the Abuja Master Plan.

Speaking earlier, the Commandant of the National Defense College, Rear Admiral Sunday Alade said that the College is the highest military institution in the country that trains officers from the rank of Colonel and above, top civil servants, Para-military as well as officers from friendly countries.

Admiral Alade stated that currently the College has 135 participants with 13 countries participating with mix of military and civilian population. [myad]

Federal, States, Local Governments Share N510.2 Billion For August

kemi-adeosun-4

Federal, states and local governments have shared a total sum of N510.2 billion as revenue realized in August.
The Minister of Finance, Kemi Adeosun, who announced this at a news briefing after the Federation Account Allocation Committee meeting, said that the amount is higher than the N493.6 billion shared in July by N16.6 billion.
The minister said that during the month, N315 billion was generated as statutory distributable revenue, adding that this was higher than the N287.8 billion received in the previous month by N27.22 billion.
“The sum of N6.3 billion was refunded to the Federation Account by Nigerian National Petroleum Corporation. There is a proposed distribution of N35 billion Excess Petroleum Profit Tax.
“Also, there was the exchange gain of N84.2 billion proposed for distribution.”
Adeosun said that Value Added Tax was N75.9 billion as against N66.9 billion generated in July, indicating an increase of N8.9 billion.
She said that mineral revenue for the month was N158.7 billion, while that of July was N119.4 billion, non-mineral revenue for August was N156.3 billion and that of July was N168.4 billion.
Giving the breakdown of revenue among the three tiers, Adeosun said the Federal Government received N187.3 billion, representing 52.68 per cent, while states got N95.0 billion, representing 26.72 per cent.
Local governments, she said, received N73.2 billion, amounting to 20.60 per cent of the amount distributed, while N18.4 billion, representing 13 per cent derivation revenue, was shared among oil producing states.
According to her, crude oil export volume increased by 2.2 million barrels in May in spite of the brief Force Majeure declared at Qua Iboe and Bonny Terminals.
She also said that there was $109 million revenue increase in federation export sales as a result of the increase in average price of crude oil from $42.2 in April to $46 per barrel in May.
She said there was a rise in dutiable imports, which contributed significantly to the increase recorded by import duty and VAT.
Adeosun said that the balance of the excess crude account stood at $2.91 billion. [myad]

At 70, King Sunny Ade Has Brought Pride To Nigeria, Says President Buhari

Sunny Ade

President Muhammadu Buhari has said that the African Juju music maestro, King Sunny Ade has, at age 70, brought pride to Nigeria through his music.

The President, who sent a congratulatory message to King Sunny Ade as he celebrates his 70the birthday today, Wednesday 22nd, described him as multi-talented instrumentalist, songwriter and dancer.

He praised the musician for his remarkable life, which has been graced with numerous awards for outstanding performances, including nominations for the Grammy.

“As a Nigerian musician, the President believes the Septuagenarian has over the years brought pride to his country by mastering his art against all odds, taking the African musical genre to the global stage, and serving as an inspiration and a mentor to upcoming artistes.

“Apart from bringing joy to many hearts and homes through his music, President Buhari also commends King Sunny Ade’s love for humanity, especially the less privileged, by setting up a foundation that caters for the needs of others.”

Buhar prayed to God to grant the versatile entertainer longer life, good health and more strength. [myad]

Tony Elumelu Emerges Africa Investor ‘Person Of The Year’ In US

Tony Elumelu

The Chairman of Heirs Holdings, Tony Elumelu, has emerged the “Person of the Year” at the Africa Investor CEO Institutional Investment Summit hosted alongside the UN General Assembly in New York.

Elumelu, who received the award, extolled stakeholders in the public and private sectors committed to improving access to power in Africa, even as he acknowledged the staff and management of Transcorp Power, the biggest producer of thermal energy in Nigeria, providing about 18 per cent of national output.
He said: “In accepting this award, I want to dedicate it to Transcorp Power staff who remain committed to realizing our dream of improving access to electricity in Nigeria and making our vision of a well-lit, fully powered Nigeria come true.”
Transcorp Power has supported US President Obama’s Power Africa initiative with a $2.5 billion commitment.
Elumelu thanked the broader coalition of investors in the African power sector, as he urged other institutional investors to consider long-term opportunities on the continent.
“I also dedicate this to all stakeholders working hard to improve access to power in Africa. I call on others to please join us in this journey to powering Africa out of poverty.”
As the economies of African regional powerhouses like Democratic Republic of Congo, Mozambique, Uganda, Nigeria and Angola struggle due to excessive exposure to commodities’ prices caused by limited diversification, Elumelu proffered a sustainable solution to reduce Africa’s historical external vulnerability.
He said: “Africa has been faced with this same challenge, in my view, for far too long. I choose to look at the recent episodes of economic contraction across the continent as opportunities to diversify our economies and invest in building critical infrastructure, especially in power, to reduce our susceptibility to commodity shocks and break out of the perpetual boom-bust cycles.”
Elumelu emphasized that to ensure a different type of growth trajectory for Africa – one that does not rely exclusively on the export of primary commodities –  there must be reliable, accessible, affordable power to support industrialization.
“Industrialization must occur on a massive scale for our countries to be powered out of chronic dependency on commodities. We must power Africa’s next phase of development, by targeting and prioritizing growth of our manufacturing, industries and services. And power is the fulcrum that will make this happen,” he said.
Elumelu revealed that while there is an abundance of private capital available to be deployed to develop the African power sector, government must play its part in attracting these investments.
He explained: “While there is huge private capital – local and global – seeking investment destinations, as we know, global private capital goes to where it is most welcome. Therefore, the challenge before African governments should be how to ensure they create the environment that will attract and retain these investments in our continent.”
To the foreign investors gathered at the forum, Elumelu advised: “Though there are challenges in investing in Africa, these challenges can be overcome by investing in Africa through partnerships with qualified local partners who possess the right knowledge, requisite capital and technical knowhow.”
Elumelu called on private and public sector stakeholders to work together in what he describes as “Shared Purpose”.
He said: “It is critical for the public and private sectors to work together in ‘SHARED PURPOSE’, which is a key tenet of Africapitalism – the economic philosophy I espouse, which calls for the private sector to play a key role in Africa’s social and economic development by investing in strategic sectors for both economic profit and social prosperity.”
Elumelu, who is also co-chair of the African Energy Leaders Group, a community of African energy leaders, including Presidents and leading corporates, concluded his remarks by examining the role of power in creating opportunities for Africa’s jobless youth.
He said: “In the 21st century, the level of poverty we have in Africa and the dire youth unemployment, to a large extent, can be solved by improving access to power, and by extension other infrastructure deficiencies and deficits. Even though we are making progress, there is still a lot to be done. We need faster progress.” [myad]

Kogi: PDP Rejects Supreme Court Verdict, Faleke Says He’s Waiting For Details

Court

The Peoples Democratic Party (PDP) has rejected the Supreme Court verdict affirming the election of Alhaji Yahaya Bello as governor of Kogi, even as one of the challengers, James Faleke said that he is waiting for the full details of the verdict before he takes the next step.
The PDP, which said that it had no choice than to be law abiding, admitted that the Supreme court is the final arbiter on legal issues in Nigeria and as such “we are obligated to accept and abide by this decision.”

The position of the party was contained in a statement issued by its spokesperson, Prince Dayo Adeyeye.
The statement reads in full: “The Supreme Court has today upheld the decision of the Court of Appeal and the Kogi State Election Petition Tribunal validating the election of Alhaji Yahaya Bello as Governor of Kogi State.
“Although we disagree with the judgment of the Supreme Court, we have no choice but to accept and respect it.
“The Supreme Court is the final arbiter on legal issues in Nigeria and as such we are obligated to accept and abide by this decision. Like the Late revered Justice of the Supreme Court – Justice Chukwudifu Akunne Oputa – once said, “the Supreme Court is not final because it is infallible. It is infallible because it is final”. As such we are bound to respect this decision.
“We call on our teeming members and supporters in Kogi State to accept this judgment with equanimity. We urge them to be law abiding in all their activities.
“We will soon begin planning programmes and creating an awareness campaign to ensure that the administration of Alhaji Yahaya Bello, which is known for frittering away the scarce resources of the Kogi people, will not stay a day longer than the period stipulated for its tenure by the Constitution. May God bless Kogi State. May God bless Nigeria.”

But, James Faleke, in a statement by his spokesman, Duro Meseko, said: “we have heard the judgment handed down by the Supreme Court jurists upholding Yahaya Bello as governor. We shall wait for the full text of the judgment to know why they came to that conclusion.

“But let it be stated here that we have no regrets challenging the declaration of our election as inconclusive by the Independent National Electoral Commission (INEC). What we did was to defend the votes cast for Audu/Faleke by the over 240,000 electorates on November 21, 2015.

“The people voted for us as candidates not the APC because they believe in the kind of leadership we offered to provide for them during our campaigns. It would therefore amount to crass betrayal of the trust of the electorate not to have defended their votes till the end.”

This was even as Governor Yahaya Bello of Kogi has welcomed the verdict, describing it as a “big honour’’ to democracy in Nigeria.

In a statement shortly after the apex court affirmed him as elected governor of Kogi, he said the judgment would remain a watershed in the annals of electoral jurisprudence and constitutional law in the country.

“It is a long walk to victory which will reshape the nation’s constitution.

“I am humbled and magnanimous in victory; it is a long walk to victory.

“The victory belongs to all Kogi people who believe in transforming Kogi State from a potentially great state to a really great state,’’ the governor said.

In the statement signed his Chief Press Secretary, Mr Kingsley Fanwo, in Lokoja, he advised his supporters to guide against wild jubilations but to use the occasion for sober reflections.

He said that he would pursue his cardinal goals of improving education, healthcare, infrastructural development as well as raising the capacity of the citizens to reinvigorate the state’s economy.

Bello commended the Judiciary for “rising to the occasion by standing firm with what is true and just”.

In its reaction, the state chapter of the Association of Local Governments of Nigeria (ALGON), in a statement in Lokoja, described the judgment as a victory for the rule of law.

The Chairman of the group in the state, Mr Taufiq Isa, commended the justices of the Supreme Court for the judgment, saying it had finally settled the contention over the governorship position.

“We are calling on stakeholders in the All Progressives Congress (APC) in the state to come together and join hands with the administration of Gov. Yahaya Bello in the interest of the development of Kogi,” he said.

Contacted on the judgment, Mr Jacob Edi, Media Officer to former Gov. Idris Wada, said that his principal had no comment on it.

According to him, Wada is yet to get the details of the Supreme Court decision and will want to tarry a while before making any pronouncement.

The atmosphere of Lokoja before and after the judgment remained peaceful as residents went about their normal activities.

Security personnel had prior to the judgment been deployed to strategic locations in the city to forestall any possible breakdown of law and order.

Heavily armed anti-riot policemen moved about in patrol vans while security was beefed up in and around the Government House and other important public facilities.

The police had on Friday banned all public processions, celebration and unauthorized gatherings in the state as part of measures to prevent lawlessness in anticipation of the Supreme Court judgment. [myad]

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