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MTN Nigeria Shareholders Smile Home With N13.12 Billion Dividend For 2021

For the year 2021, MTN Nigeria Communications Plc paid N13.12 billion as dividends to shareholders.

Its audited Financial Statement for the year released in Lagos showed that the company paid N8.57k per shareholding.

The statement also indicated that at its 2021 Annual General Meeting (AGM), five directors were re-elected just as shareholders representatives were elected to the company’s Statutory Audit Committee.

Board representatives were also re-elected at the AGM.

Directors re-elected are Mohammad Ahmad, Mr Andrew AIIi, Michael Ajukwu, Dr Omobola Johnson and A.B Mahmoud (SAN).

Shareholders representatives elected are Oye Hassan-OdukaIe, retired Col. Ayegbeni Peters and Nornah Awoh.

NAN reports that Board representatives re-elected are Mr Rhidwaan Gasant and Mrs lfueko Omoigui-Okauru.

As APC Dilly Dallies Over Zoning, Ohanaeze, Afenifere Want Buhari To Intervene

The apex Igbo socio-cultural organisation, Ohanaeze Ndgibo Worldwide, and the pan-Yoruba socio-cultural group, Afenifere, have asked President Muhammadu Buhari to save the country from plunging into problem after the 2023 general elections by pronouncing the zoning of the presidency to the South.

This came today, April 30, in the wake of the fact that the leadership of the ruling All Progressives Congress (APC) has been undecided on the issue.

Reacting to the statement of the national chairman of the party, Senator Abdullahi Adamu that APC had not decided on the zoning yet, the spokesman for Ohanaeze, Chief Alex Ogbonnia, accused APC of vacillating and insulating like a pendulum.

Advising the ruling party to “be wise and do the right thing for equity and fairness to all the regions,” Ogbonnia added: “they know the truth, that is why they are moving left, right and centre like a pendulum. It is not good that this should be the identity of the APC.

“The President of Nigeria, Muhammadu Buhari, is the leader of the party today. He should step in and take decisions just like former President Olusegun Obasanjo took the decision in 2006 that a northerner should be the President since he was from the South.

“Because of the power-rotation principle agreed upon by the party, the Presidency had to move to the North. All eyes are on Buhari to do to the South-East what Obasanjo did to the North-West. They have seen the truth and don’t want to accept it.”

The Secretary-General of Afenifere, Dr. Sola Ebiseni, said that the Adamu’s statement did not come to the group as a surprise.

“That the new national chairman of the APC is now wavering on the zoning of its presidential ticket to the South after he has secured his own position based on that understanding did not come to us in the Afenifere as a surprise because we saw it coming and our leader, Chief Ayo Adebanjo, has used every available platform to warn those who may be so deceived. “These are all permutations driving towards the ultimate decision on what Nigeria will make of itself.

“While it may sound predictive that having swapped the party positions between the North and the South, the positions in government such as the President, Vice-President, Senate President, and Speaker of the House of Representatives will equally be so exchanged by the party; the prized seat of the President and the Leviathan powers at its command are too tempting to be allowed to pass by those who believe Nigeria is their exclusive estate. This is the reason behind the deliberate resistance to restructuring.”

Ebiseni said that for the country to survive as a corporate entity, true federalism must be enthroned, and “all regions must have equal opportunities for all the ethnic nationalities and citizens.”

Also speaking, the spokesman for the Pan Niger Delta Forum, Ken Robinson, said that the indecision by the ruling APC is “unnecessary, insensitive and completely out of place.

“It is, therefore, expected that the presidency will go to southern Nigeria. If the national chairman of the party is now saying they are undecided, that is unacceptable. It is completely out of place. “It is inconsistent and is against protocols that have been established since 1979 and zoning since independence.”

He stressed that if the APC eventually threw the race open, it would be a “call for more disaffection, dissension, and crisis that have already engulfed our country.”

But, the spokesman for the Coalition of Northern Groups, a conglomerate of over 40 pro-North bodies, Abdul-Azeez Suleiman, said that the APC did not promise any region the presidency.

According to him the best move for all political parties is to throw the ticket open so that candidates could emerge on merit.

“As far as the CNG is concerned, that is the proper thing to do. We have never had faith in that zoning arrangement that does not actually look at the merit of candidates but their region, religion, or tribe.

“We have all along been of the view that until that day when we are able to elect a leader we can all trust and rely on as a Nigerian President, then we have not reached true nationhood.

“In any case, there is no evidence that the APC had in the first place-bound itself to any arrangement on zoning or rotation of power on a regional basis.

“That arrangement had all along been most pronounced in the PDP and even they could not get it right. The agreement was respected only in the first four years of Obasanjo and it became shaky towards the end of his second term with the notorious third term agenda, which was aborted.”

Source: The Punch.

Tony Elumelu Describes Youth Unemployment As Waste Of Talent, Betrayal Of Generation

Tony Elumelu

Africa’s leading philanthropist, investor and founder of the Tony Elumelu Foundation, Chief Tony O. Elumelu has described youth unemployment as waste of talent and betrayal of a generation, as well as being one of the major contributors to extremism and insecurity in Africa.
“Youth unemployment is a waste of talent and a betrayal of a generation. It feeds extremism and insecurity.”
He emphasized that the fight against extremism and conflict must start with making youths to be productive and creating jobs as the centre piece of African countries’ policies.
The top African entrepreneur and banker, who spoke in a virtual Fireside chat hosted by the United States Institute of Peace (USIP) and the Heritage Foundation on Building Entrepreneurship, said that the economic transformation of Africa lies in the hands of the young ones and young entrepreneurs.
Speaking on the topic: “Building entrepreneurship, economic opportunity and peace in Africa,” Tony Elumelu said that the young entrepreneurs who have great ideas, energy and audacity should be encouraged to see what and how they can contribute to the development of the African continent.
“Unfortunately in terms of job creation and opportunities for our youths, Africa suffers and lags dismally behind.
“It has therefore become critical to lead conversations and forge partnerships across the world that should help to address this fundamental issue.
“U.S. relations with Africa in my view, should be re-imagined, away from aids to focus on youth empowerment and support for sustainable institutions that should allow teeming youths to be productive.”
According to him, poverty  anywhere is a threat to mankind everywhere, stressing that extremism is a product of poverty, joblessness and lack of education.
“We need to remove the incentive of being extremist in the 21st century in Africa, by engaging and providing jobs for the young ones.
“On my own in 2010, my family founded the Tony Elumelu Foundation. Our purpose was simple; we wanted to democratize luck, we wanted to create economic opportunities for people.
“We wanted to play our own role in economically empowering our young ones and making them become better future Elumelus.
“So far, we have supported over 16,000 Africans. We set out to support 10,000; 1,000 every year, but through collaboration with like-minded partners we have been able to increase and achieve over 16,000 in seven years since we set up the entrepreneurship programme.
“I believe that the time to act is now and we need to do so urgently. We need to work together to avoid global catastrophe.”
This was even as the Special Assistant to the President of the United States and Senior Director for Africa at the National Security Council, Dana Banks, said that the U.S government through the Prosper Africa initiative is looking at how to support African startups and entrepreneurs.
“In 2016 Africa Start-ups generated about $350 million in capital. In 2021 it was already up to $4 billion and on track in 2022 to generate $7 billion in capita.
“Through our Prosper for Africa Initiative, that was relaunched in July by President Biden, we have many tools in our tool box and one of the tools that was recently launched would provide additional credit to African startups to help them shape their businesses and community.”
It is on record that the Tony Elumelu Foundation, founded in 2010, has trained more than 60,000 young entrepreneurs in 54 countries in Africa.
It has given about $200 million to trained entrepreneurs across Africa.

Source: Persecond News.

PDP Disqualifies 2 Unnamed Presidential Aspirants, Swallows Their N80 Million

Peoples Democratic Party (PDP) has disqualified two of the 17 presidential aspirants who presented themselves for screening as per the party’s arrangement.
The chairman of the screening committee, Senator David Mark, who made this known to newsmen today, April 29, in a chat, would not give the identities of the disqualified aspirants and the reasons for their disqualification.
According to him, the aspirants did not meet the requirements to contest for the ticket of the party.
On whether the party will refund the N80 million with which the disqualified aspirants bought the nomination form, Senator David Mark quipped: “why should the party refund the money?”

Buhari Ready To Receive Guests On Sallah Homage, But On Conditions

For the first time in two years, after the world’s biggest lockdown to slow the COVID-19 pandemic, President Muhammadu Buhari is set to return to receiving guests on the traditional Sallah homage in Aso Rock Presidential villa, Abuja.
A statement today, April 29, by the Senior Special Assistant to the President on media and publicity, Malam Garba Shehu said that such guests would be welcomed only on invitations.
According to Garba Shehu, the invitees would be required to wear face masks and undergo the linear Covid-19 test at the State House Conference Centre to obtain a negative test result as condition for admittance to the event.
“Although this is a sign of the return to normalcy as infection rates fall to their lowest, those coming on invitation are still required to wear face masks and undergo the linear Covid-19 test at the State House Conference Centre to obtain a negative test result as condition for admittance to the event.”
The spokesperson said that about 100 guests are expected to be hosted by the President at the new State House Banquet Hall at 3:00pm on Sallah Day, which may be Sunday or Monday, subject to the moon sighting, to be announced by Islamic authorities in the country.
“Invited Guests for the event, led by Muhammed Musa Bello, the Minister of the Federal Capital Territory (FCT), include the Secretary to the Government of the Federation and the Head of Service, the Senator and House members from the territory; leadership of the FCT Judiciary, Members of the Cabinet, Service Chiefs and heads of security agencies, Muslim and Christian leaderships in the FCT, Council Chairmen, Traditional Rulers and others who received invitations as listed on the manifest.”

Lebanese Billionaire Businessman In Kano, Tahir Fadlallah, Dies At 78

A billionaire business tycoon, Tahir Fadlallah, owner of Tahir Guest Palace Hotel and Arabian Sweet has died, aged 78.
His death was confirmed in a tweet today, April 29, by the Senior Special Assistant to President Muhammadu Buhari on media and publicity, Malam Garba Shehu, who is a good friend of the deceased.
Garba Shehu wrote: “we have lost Tahir. May Allah grants him Aljannah.” He included a picture of himself and Tahir.
The picture was taken shortly after he was discharged from from hospital after months of treatment in Beirut.
The billionaire was flown to Beirut, Lebanon for treatment in an air ambulance in May 2020 after he tested positive for COVID-19 in Nigeria. He was said to have been under intensive care ever since, with a version saying that he had been in a vegetative state and has been breathing on a machine.
Tahir Fadlallah, who left behind, a wife and five children, until his death, was the chairman of the Lebanese Community in Kano State.
Former Senator representing Kaduna Central, Shehu Sani twitted: “Just learned of the death of Mr. Tahir Fadlalah; a great Kano based Lebanese Businessman. An accomplished man who believed & proudly identified himself with his adopted country in good & bad times. A great loss to Nigeria & the Lebanese community. RIP.”
Responding to Sani’s post, @promisejos wrote: “Lebanese nationality Decades contributions to our national development, poverty reduction and unemployment is undoubtedly. May the soul of Tahir Fadlalah rest in peace & may Allah strengthen the families of the decist (sic) to fill the Vacuum left behind. Aameen Thuman Aameen.”

Late Tahir Fadlallah was a good friend of the Editor-In-Chief of Greenbarge Reporters online newspaper and hardcopy magazine, Yusuf Ozi Usman when he was in Kano as Bureau Chief of THISDAY newspaper. He prays to Allah to forgive his sins and admit him into Aljanah Firdausi.

 

Presidential Aspirant Asks Court To Stop PDP Primary Over Zoning

A Peoples Democratic Party (PDP) presidential aspirant, Cosmas Ndukwe, has gone to court, seeking for the stoppage of the party’s presidential primary slated for May 28.

The aspirant alleged before the Federal High Court, Abuja, today, April 28 that the party has planned to overturn the zoning arrangement during such primary, in preparation for the 2023 general elections.

Source: Ripples Nigeria.

PDP Chairman To Atiku: Yes, You Are My Friend But I Won’t Work For You

National Chairman of the opposition Peoples Democratic Party (PDP), Dr. Iyorchia Ayu has made it clear to former Vice President Atiku Abubakar that he won’t work for his emergence as the party’s presidential candidate despite the more than 30 years friendship with him.

Dr. Ayu, who received in audience Atiku’s campaign team and members of the National Working Committee (NWC) today, April 28 a visit at the party’s Secretariat, stressed that although he and Atiku were key players in the defunct Social Democratic Party (SDP), he won’t work for his interest in the PDP primary election.

The PDP national chairman said he will work for all the party’s presidential candidates.

“Let me acknowledge the fact that you and I have been close friends personal friends for more than 30 years as it was indicated, we were key players in the Social Democratic Party (SDP) and key players in the emergence of Chief MKO Abiola.

“So you are a presidential aspirant today. But I want people to know that you are still my friend. I can’t deny you; I never deny my friends including those who are in the other disastrous party. You know them because even there, we have common friends who miss road, who normally should be here with us.

“More importantly, since we formed this party as you have mentioned, we have worked together in various capacities. It is you and I that plotted the emergence of President Obasanjo. An administration that did very well, putting Nigeria on a healthy map economically, socially and politically.

“Again, I can’t deny the fact that we work together harmoniously, whether political issues or economic issues and on the National Security Council when I was minister for internal affairs.

“I’m saying this to make it clear that those who say oh, because of my personal relationship with you, as chairman, I’ll work for you. Mr. Vice President, I will not work for you as an aspirant. I will work for all the 17 aspirants. It is left to you to convince the delegates of our party that you are the best.”

While emphasising that the PDP NWC under his leadership will not support any particular candidate, Ayu advised the former vice president to work hard to present and convince the party’s delegates that he was the right person for the job.

“You have to market yourself, you have to work hard. This National Working Committee for now we remain an umpire. We are not going to take side with any particular aspirants. But we love you all.

“I’ve said repeatedly that each one of you given the opportunity will run this country better than what APC has done or will be able to do.”

The PDP has fixed May 28 and 29 for its presidential primary elections.

2023: Buhari Warns Politicians, Foreigners: I Won’t Condone Electoral Malpractices

President Muhammadu Buhari has warned politicians and foreigners to stay out of electoral malpractices in the 2023 generl elections even as he vowed to use every legitimate means to protect the votes of Nigerians.

“Those planning to rig the forthcoming elections should think twice because I intend to resolutely protect and defend the sacred will of the Nigerian people, to be expressed through the ballot box.”

The President, who spoke at an Iftar (breaking of Fast) dinner with members of the Diplomatic Corps, cautioned against foreign interference in the forthcoming elections.

“As you are all aware, the tenure of this Administration ends on 29th May, 2023. Typical of election years all over the world, the tempo of political activities is often high.

“That is the nature of democracy. I am committed to bequeathing a stronger culture of credible elections to Nigeria than I met.

“As Nigeria goes through this trajectory, I urge our friends in the global community, represented by you the Diplomatic Corps, to adopt a positive role that reinforces the doctrine of respect for our internal affairs and respect for facts and devoid of pre-conceived notions and bias.”

Speaking on the Russia-Ukraine conflict, the President called for greater consideration for humanitarian conditions in the affected areas in the ongoing crisis, warning that the conflict will get worse, if an immediate resolution is not found.

“The war has lasted too long, cost so much and hurt too many people, well beyond the immediate theatres.

“The rest of the world is progressively facing the impact of the conflict and this will certainly get worse, if an immediate resolution is not found, not least in the area of food security.”

President Buhari welcomed the recent initiative of UN Secretary-General, Antonio Gutteres, of visiting Moscow and Kyiv, commending his efforts in search of a ceasefire, as a prelude to other enduring solutions.

“The United Nations must continue to actively lead the way for engagements that could ultimately unlock peace through diplomacy.”.

The President urged the world, especially the Muslim community, to use the solemn and rewarding month of Ramadan, and especially these last days of the fast, to intensify prayers for de-escalation of the Russia-Ukraine conflict and for the return of peace to the world.

President Buhari also used the occasion to apprise members of the international community on some of the critical issues that are currently on the front burner of this Administration’s agenda and spirited efforts in handling them.

“We continue to make steady progress on the daunting tasks of combating insecurity; fighting corruption; diversifying the economy; promoting good governance; and containing the COVID-19 pandemic.

“Despite the many challenges we faced, and continue to face, we have instituted measures to plug leakages, improve the economy and enhance the achievement of the Sustainable Development Goals (SDGs).

“These include: Renewal of vital infrastructure, including rail and roads; Implementation of the N2.3 trillion Economic Sustainability Plan to create jobs and provide support to Small and Medium Scale Enterprises; and Launch of the National Development Plan (2021-2025) to spur economic growth, leverage science, technology and innovation.

“Other measures include: Establishment of the Office of the Senior Special Adviser to the President on SDGs with the responsibility for ensuring coherence between development policies, plans and strategies;

“Launch, in collaboration with the United Nations Development Programme, of the Nigeria Sustainable Development Goals Implementation Plan (2020-2030), to prioritise and mainstream the SDGs into their medium and long-term development policies and plans.”

On COVID-19, the President, who restated Nigeria’s demand for vaccine equity and waiver of patents for manufacturing vaccines and approved drugs to treat the highly infectious disease, said the country would continue to expand its capacities for managing the pandemic.

On regional security, the President told the diplomats that the impact of the Libyan crisis on the countries in the Sahel, Lake Chad Basin, West and Central Africa is still enormous and catastrophic.

He expressed concern on the free circulation of small and light arms in these regions, made worse by the uncontrolled expulsion of foreign fighters from Libya without adequate consultations with the countries of the region.

“The world needs to work together to combat these common challenges and I call on all your respective countries to reflect on this and collaborate with countries in these regions to combat this consequential spread of violence.’’

On the fight against Boko Haram, the President said: “as you know well, Nigeria has made significant progress in combating the Boko Haram group in the North East.

“We are, however, recently confronted with new tactics deployed by the enemy to threaten our democratic values, as well as the common peace and freedom we enjoy in this country.”

Commending Nigeria’s defence and security service men and women for their recent successes in routing the terrorists, the President said he was confident that the security situation would soon be brought under control.

He also acknowledged the support of Nigeria’s friends and partners in the global community, particularly the European Union and the United States “for their understanding, support and agreement to allow us to procure vital equipment and resources to successfully propagate this war.”

The President added that “this cooperation and collaboration need to be intensified in spite of other major challenges confronting the international community.”

Dean of the Diplomatic Corps and High Commissioner of Cameroon to Nigeria, Amb. Ibrahima Salaheddine, pledged that the international community would continue to support Nigeria before, during and after the forthcoming general elections.

“As Nigeria enters another electoral year, we pray almighty Allah to put the electoral process under divine guidance for peaceful, free and fair elections.”

Amb. Salaheddine, who described this year’s Iftah as special, noted that due to COVID-19 the tradition of meeting the President for the breaking of fast did not hold for two years.

He congratulated the Nigerian government for curtailing the spread of the pandemic, saying the “enlightened leadership” of President Buhari has largely brought its spread in Nigeria under control.

FG Declares Monday, May 2 And Tuesday, May 3 Public Holidays

The Federal Government of Nigeria has declared Monday 2nd and Tuesday 3rd May, 2022 as Public Holidays to mark this year’s Workers Day and EIdul-Fitr Celebrations.
The Minister of Interior, Ogbeni Rauf Aregbesola, who made the declaration today, April 28 on behalf of the Federal Government, congratulated workers across the country on this year’s celebration.
Ogbeni Aregbesola commended workers for their hard work, diligence and sacrifice, saying that their efforts are largely responsible for the greatness of the country and the respect Nigeria now commands in the comity of nations.
“Labour is the very essence of humanity. We are alive because we work and only the dead is incapable of working.”
Ogbeni Aregbesola called on the workers to imbibe the culture of productivity.
“The end of work is productivity. It is productivity that leads to satisfactory provision of goods and services and wealth creation. It is therefore the path to national and individual prosperity.”
He urges workers to raise the bar of their trade in line with the President Muhammadu Buhari led administration’s drive to rev up the vehicle of governance and make all the people of Nigeria derive maximum benefit from the nation.
 The Minister also congratulated all Muslims for the successful completion of the Holy month of Ramadan.
Ogbeni Aregbesola called on all Muslims to imbibe and practice the virtues of kindness, love, tolerance, peace, self-denial, sacrifice and good neighbourliness, as exemplified by the Holy Prophet Muhammad (Peace be upon Him).
“The self-restrain, self-denial, sacrifice and deep spiritual consciousness that accompanied the fasting period should not end but be maintained and improved upon, in order to be a better person and true worshipper.”
The minister expressed confidence that the security challenges in some parts of the country will soon be a thing of the past, noting that the government is putting determined efforts and all necessary measures in place for Nigerians to enjoy unfettered peace all round.
Ogbeni Aregbesola assured Nigerians that the administration of President Buhari is fully committed to the security of life and property of every citizen and foreigners alike.
The Minister commended all security agencies for the successes recorded in the fight against criminals across the country and the peace that has returned to the formerly embattled places.
He urged Nigerians to be part of the nation’s security architecture by being vigilant and reporting suspicious individuals and activities to law enforcement agencies nearest to them, noting that security is everybody’s responsibility.
Ogbeni Aregbesola wished all Muslims a happy Eidul-Fitr celebration and prays that the peace, blessings and favours of Allah be with you all. Ameen.
The statement was signed on behalf of the minister by the ministry’s Permanent Secretary, Dr. M.L. Shuaib Belgore.
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