Connect with us

Nation

Presidential Yacht: Senate Halts Procurement as OGD Intervene

Published

on

The Nigerian Navy has halted the plan to procure a multi-billion Naira presidential yacht which has sparked widespread controversy. 
The suspension of the presidential yacht, it was reliably gathered, followed the intervention by the Senate Committee Chairman on Navy, Senator Olugbenga Daniel. 
Although President Bola Tinubu was not privy to the decision to buy the yacht which was listed under the Nigerian Navy’s proposed capital expenditure in the N2.1 trillion supplementary budget submitted to the National Assembly, authoritative sources revealed yesterday that the procurement plan has been shelved.
According to media reports, a sum of N5.09 billion was allocated for the yacht while N2.9 billion was earmarked for Sport Utility Vehicles (SUVs) for the Presidential Villa.
The reports added that a sum of N2.9 billion was proposed for the replacement of operational vehicles for the Presidency.
As the reports continued to generate angry reactions among Nigerians, this newspaper gathered on Thursday that the Senate promptly waded in to douse growing tension. 
An impeccable source, who is familiar with the development but not authorised to speak to the media on the matter, confirmed that Senator Daniel actually met with the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, to discuss the burning issue. 
The source stated that it was regrettable that the yacht, which is an operational boat with specialised security gadgets, was mired in controversy. 
According to him, the equipment was ordered by the previous administration of President Muhammadu Buhari. 
The source, however, revealed that the yacht had been replaced with more critical equipment required to support operational efforts against oil theft, oil bunkering, and pipeline vandalism. 
He said, “The yacht is an operational boat but with specialised security gadgets suitable for high profile operational inspection, not necessarily for Mr President. 
“It was ordered by the previous administration and the equipment delivered though not yet paid for.
“It was part of the committed obligation submitted by the office of the Chief of Naval Staff to the Ministry of Defence, the total of the submitted requests was in excess of N200billion out which no more than N62billion was graciously approved by the President. 
“At a meeting between Senator Gbenga Daniel, as the Chairman Senate Committee on Navy and the Chief of Naval Staff this morning, the priority list was reevaluated and the yacht has been replaced with more critical equipment required to further support operational efforts against oil theft, oil bunkering, and pipeline vandalism etc.”

6 / 100
Continue Reading

Nation

Stop the Rumour, the Port Harcourt Refinery is working! …Peter Obi Commends the NNPCL for reviving the refinery

Published

on

By

 

 

Stakeholders and community leaders around the Port Harcourt Refinery have doused the groundswell of rumours and speculations that the recently revived and restreamed refinery was not working.
Last Tuesday, the Nigeria National Petroleum Company Limited, NNPCL, announced the “safe and successful restart of the 60,000 barrels-per-day Old Port Harcourt Refinery,” which it stated marks a significant step forward after years of operational challenges and underperformance and also “signifies a new era of energy independence and economic growth for our nation.”
However, naysayers went to town disclaiming the news, saying the corporation was lying about its revival of the refinery. Interestingly, Dibia Isaiah, Chief Security Officer, Alesa Kingdom, Rivers State, and NNPC Pipelines & Storage Company Loader, said in a viral video, “I am one of the loaders from the host community and NPSC. As you can see, the refinery is operational and running smoothly. This morning, I have already loaded four trucks. We are delighted that business has finally commenced after many years. The refinery has given us products, so now we are loading, and tomorrow we are loading. This time is a very busy period for us.”
Also, former Labour Party presidential candidate, Dr Peter Obi, has commended the Malam Mele Kyari-led NNPCL for “fulfilling the long-standing promise of revamping the old Port Harcourt refinery.” He added, “The refinery boasts an installed production capacity of 60,000 barrels of crude oil per day. Approximately 200 trucks are expected to load products daily from the refinery. Nigerians now await the corresponding impact and benefits on pump prices and the overall economy.”
Obi further said that the news of the Port Harcourt Refinery’s revival is promising, “as it is expected to boost productivity, improve transportation, and alleviate economic burdens across the country.” He signed off the statement with his signature ‘A new Nigeria is POssible.”

Continue Reading

Nation

Senator Gbenga Daniel’s Ijebu State Creation Bill Passes First Reading

Published

on

By

 

In a major breakthrough, Senator Otunba Engr. Gbenga Daniel’s bill for the creation of Ijebu State has passed its first reading at the National Assembly.

This development signals progress in the long-standing demand for a new state in Nigeria’s South-West region.

The proposed Ijebu State would comprise nine local government areas carved out from Ogun State, with Ijebu Ode designated as the state capital.

The local governments involved include Ijebu East, Ijebu North, Ijebu North East, Ijebu Ode, Ikenne, Odogbolu, Ogun Waterside, Remo North and Sagamu.

This initiative is part of broader efforts to realign Nigeria’s administrative divisions for enhanced governance.

Earlier in the year, Honourable Oluwole Oke introduced a related bill in the House of Representatives, proposing the creation of three new South-West states: Oke-Ogun, Ijebu, and Ife-Ijesa.

The proposal aims to amend the First Schedule, Part I of Nigeria’s Constitution to accommodate these states.

The push for Ijebu State has gained widespread support from traditional rulers, political figures, and community leaders.

Advocates argue that the new state would foster equitable development, improve administrative efficiency, and address decades of demands for better representation and resource allocation.

They also pointed out that of all the old provinces in Nigeria under the colonial administration, it is only Ijebu Province that has not yet become a state.

For Ijebu State to become a reality, the bill must successfully navigate further readings and debates in the National Assembly.

Senator Gbenga Daniel, a former Ogun State governor and seasoned politician, expressed optimism about the initiative’s potential to promote balanced regional development.

The creation of Ijebu State is expected to address disparities in resource distribution and governance within Ogun State


5
/ 100


Continue Reading

Nation

Oditah is wrong about the EFCC- BY DELE OYEWALE

Published

on

By

 

 

Professor Fidelis Oditah’s recent interactive discussions on a wide range of issues on Arise News are quite engaging. As a Senior Advocate of Nigeria, SAN and an international legal mind, his views on national issues cannot be disregarded. Benjamin Disraeli, former Prime Minister of the United Kingdom once said, “with words we govern men”. Thus, Oditah words are important and cannot be dismissed as empty effusions lacking weight or impact.

However, the learned Professor’s submission on what he called the Economic and Financial Crimes Commission’s three fundamental problems are, to say the least, prejudicial, unfounded and misleading. First, Oditah stated that “The EFCC is often being used for settling many scores. Some are political scores, some are social scores. So, you could run away from your girlfriend and the girlfriend goes to the EFCC and the EFCC could ask you questions. What has that got to do with economic crimes? That is blatant abuse of power”

How on earth will this kind of a scenario painted by the learned silk hold water? The simplest argument against this kind of effusion is to challenge Oditah to provide proofs of such banality. We all know that this just an idle talk because the EFCC is a serious-minded law enforcement agency. The only worrisome aspect of such a talk is that it betrays an embarrassing lack of grasp of what the EFCC’s focus is.

This issue of appropriate and proper focusing of the mandate of the EFCC has been a central pivot of the three- pronged agenda of the Executive Chairman of the EFCC, Mr. Ola Olukoyede. In the full glare of the entire world, while addressing members of the National Assembly in October 2023, Olukoyede stated that the focus of every fight against corruption is to stimulate growth in the economy. For more than a year now, the EFCC’s boss has been consistently following this route. The review of the arrest and bail procedures of the EFCC is in line with this. Professor Oditah is probably busy with his works as a King’s Counsel in the United Kingdom and have no time to be abreast of developments in the EFCC. Olukoyede is a lawyer of high pedigree and would not allow what the learned counsel called “ blatant abuse of power”.

The second “ fundamental problem of the EFCC”, according to Oditah is that “The EFCC has abandoned its mandate and reduce itself to a debt-collection agency, notwithstanding the numerous court decisions saying the EFCC must stay within the narrow confines of financial and economic crimes. The EFCC has gone out for debt recovery”. This submission, again, is hollow and vacuous. The EFCC’s Establishment Act does not empower the Commission to collect debt on behalf of anyone. The recovery the EFCC does is taking back proceeds of crime from fraudsters. Asset recovery, all over the world, is a fundamental law enforcement and anti-corruption initiative. As a matter of fact, it is the ground norm of every anti- corruption fight. To this end, Olukoyede in just one year, recovered N248,750,049,365.52 (Two Hundred and Forty-Eight Billion, Seven Hundred and Fifty Million, Forty-Nine Thousand, Three Hundred and Sixty-Five Naira, Fifty-Two Kobo).

In foreign currencies, recoveries of the Commission in the one year of Olukoyede’s leadership are: $105,423,190.39 (One Hundred and Five Million, Four Hundred and Twenty-Three Thousand, One Hundred and Ninety Dollars, Thirty-Nine Cents); £ 53,133.64 (Fifty-Three Thousand, One Hundred and Thirty-Three Pounds, Sixty-Four Pence; €172,547.10 (One Hundred and Seventy-Two Thousand, Five Hundred and Forty-Seven Euros, Ten Cents) and many others.

Going by the quantum of these recoveries, not to talk of real estate recovered all over the country, including shares acquired with proceeds of crime in blue- chip companies, it is simply preposterous to reduce and ridicule asset recoveries to debt recovery. Professor Oditah owes the EFCC and the entire nation unconditional apology in this regard. Just two days ago, a Federal High Court sitting in Lagos granted final forfeitures of over $2million and seven princely properties in choice areas of Lagos to the Federal Government. The assets are proceeds of crime traced to a former governor of Central Bank of Nigeria, CBN. Do such recoveries fall into the category of debt recovery insinuation of Oditah? President Bola Ahmed Tinubu recently directed that N100billion be channeled to the funding of the Nigerian Education Loan Fund, NELFUND and the Nigerian Consumer Credit Corporation, CreditCorp, respectively from the monetary recoveries of the EFCC. Is the Professor aware of all these? It is evident that bringing down the issue of asset recovery to the ridiculous corridor of debt recovery is deliberate caricature of an important anti-corruption framework of the government. This is an initiative which local, regional and international agencies are commending Olukoyede and the EFCC about. It is to be noted also that the Director of FBI and the DG of National Crime Agency in the UK where he resides have paid cortesty visits to Olukoyede commending him on the feat he has attained in the fight against corruption and financial crimes and to seek more collaboration with the agency in their shared mandate of fighting corruption and financial crimes

The third issue Odikah raised against the EFCC, like the earlier issues, again, lacks any firm ground of substance. Hear him:

“The EFCC itself, a number of officers are more corrupt than those they are chasing. So, you remember what happened to Mr Bawa, Mr Matawalle, when Mr Matawalle finished his tenure as governor of Zamfara state and he said he was invited by Mr Bawa to bring $2million so as not to be investigated. The EFCC itself has become a corrupt organisation which needs to be completely disbanded and a new body set up . The EFCC has the resources. It does not have the ethics. The EFCC majors on minor issues, catching students and showing them as cyber criminals and so it says, it procured 1000 convictions and when you look at them they are people who have defrauded people of 20 or 22 dollars. That’s not the mandate. That’s the periphery. The central mandate is to ensure that the resources which are put in the hands of states are used by the states and that’s where the EFCC.”

Going through all these trumped-up claims, it is obvious that Oditah has elected to totally launch unwarranted verbal war against the Commission and its officers. How many officers of the EFCC have been tainted with corruption allegations? Is it acceptable to use the “ sins” of very few elements in a community to paint and taint it as a community of sinners? It should be noted that there is no law enforcement agency in the world that is not vulnerable to corrupt officers. What is important is what the agency is doing to such elements. Olukoyede is known for his no-nonsense approach to ethical issues in the Commission. As a matter of fact, upon assumption of duties, he directed every officer of the Commission to declare their assets and ensure that verification of assets so declared is established. He went ahead to name the Department of Internal Affairs as Department of Ethics and Integrity. Beyond all these, some erring officers of the Commission have either been shown the way out or facing trial. In recent times, the Commission has had cause to dismiss some officers on allegations of corruption and gross misconduct. The EFCC is self- cleansing and the Commission deserves commendation for this.

It is worrisome that a Professor of the reputation and exposure of Oditah could dismiss the Commission’s onslaught against internet fraudsters as an unserious engagement. The damages this genre of fraudsters are causing the nation is untold. A crime that has a projection of $10.6trillion loss to the whole world in 2025 and Nigeria lost more than $500million in 2022 alone, is what Oditah derisively lampooned the EFCC about. We have cause to be worried that those who ought to know better are either playing the Ostrich or advertising their ignorance of a major malaise confronting the nation. Owing to the threat of cybercrimes to the development of our country, the EFCC has held two national dialogues on it. The recent one held few days ago at the Presidential Villa. The Professor should know that the EFCC mandate is to investigate all financial and economic crimes and no financial crime is small or big to be investigated in order to save the soul of the nation. It should be recalled that in recent times, the EFCC had had cause to prosecute and file charges against four ex- governors and some former ministers who were found culpable by EFCC’s investigation for looting state treasuries. This is just to confirm that the Commission is not scared of taking up large-scale fraud’s investigations and prosecution which we shall continue to do

There is no denying the fact that the respected professor goofed in all his comments about the EFCC and his views are not reflective of the realities on ground concerning the anti-corruption fight of the government.

On a final note, we enjoin professor Oditah to get himself familiar with the works of the Commission and lend his expertise and rich experience to the nation for a more robust and fully-integrated war against corruption. We also want to advise the fourth estate of the realm not to allow their platforms to be used to cast unfounded aspersions on the good works of the EFCC. The Commission is not averse to meaningful contributions and advise from well-meaning and reform-minded Nigerians to strengthen our processes and procedures as we continue this crusade,

Oyewale is head, media & publicity of the EFCC.


45
/ 100


Continue Reading

Trending News