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2019 Election: Osinbajo, Atiku Renew Restructuring Battle

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The restructuring debate returned at the weekend, with Vice-President Yemi Osinbajo describing Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar as an opponent of the idea when he was in office as vice-president between 1999 and 2007.

Atiku has promised to restructure Nigeria in six months if voted in as president.

Speaking in Ibadan, the Oyo State capital, while delivering the ninth public lecture of Sigma Club at the International Conference Centre, University of Ibadan (UI), Osinbajo spoke of how he as Attorney-General of Lagos State went to the Supreme Court 12 times on restructuring.

That was when the Lagos State Government’s move was opposed by the Olusegun Obasanjo presidency with Atiku as his deputy.

“All this time, this was 2000, some of those people, including the presidential candidate of PDP, who is talking about restructuring, was the vice president then.

“They opposed every step we took. Of course, we were taking the Federal Government to court then. They opposed every step.

“Let me explain my position clearly. I am not just an advocate of restructuring, there is no other government in Nigeria that has actively pursued restructuring such as we did when I was Attorney General in Lagos State.

“People talking about restructuring, if you ask them what they meant by restructuring, they won’t even know what it means and that is the problem we have to face,” he said.

The vice president recalled the Supreme Court battles.

His words: “We started with fiscal restructuring, which is more of resource control. Should states control their own resources? We went to the Supreme Court. They argued that each state should control its own resources.

“The states that argued in favour of autonomy for states to control their resources were the oil-producing states in the country and Lagos State while some others argued on the other side because they wanted to share oil money.

“We lost at the Supreme Court. The Supreme Court said ‘no’, that you cannot control your resources. If you are an oil producing state, take 13 percent extra, which is a derivation.”

Osinbajo said Lagos State argued that it had ports and the ports served the entire nation, so the state should also take 13 percent derivation which the Supreme Court objected.

Osinbajo said a further argument led to the introduction of the onshore and offshore law, which enabled the state to share from onshore resources.

“The next thing we did was that the states should be able to create their own local governments, which is autonomy of states.

“So, we created 37 new local governments in Lagos. The president then, Chief Obasanjo, seized our local government funds and said we could not create new local governments,” he said.

But Atiku fired back in a statement by Paul Ibe of his media office. He described Prof. Osinbajo as “economical with the truth.”

The statement said: “given that Prof Osinbajo and his boss have been speaking discordant tunes on restructuring, we can understand their desperation to revise history, however, it is impossible to revise documented history.

“Prof. Osinbajo needs to be reminded that there are well-documented accounts in the Nigerian media chronicling Atiku Abubakar’s support and struggle for restructuring.”

The statement said a piece published in a national newspaper chronicled Atiku’s thoughts on how “to restructure the revenue allocation formula to allow littoral states of the federation benefit from offshore oil proceeds.’

It added that “ironically, it was precisely Mr. Osinbajo’s boss, Muhammadu Buhari, who as a military dictator, cheated these states of their just due by military fiat.

“It is also common knowledge that the six geopolitical zones structure which all parts of Nigeria benefit from today is the fruit of the collaborative efforts of Atiku Abubakar, the late Alex Ekwueme and other patriots.

“Their efforts at restructuring Nigeria are captured in the Hansard of the 1995 Constitutional Conference, which is a public document and is still available at the Office of the Secretary to the Government of the Federation.

“The question we want to ask Professor Osinbajo is this – why do he and his boss constantly resort to rewriting history? Why can they not campaign on their achievements? Is it that they are forced to campaign on subterfuge because they have no achievements to campaign on?

Nigerians want to know if promises have been kept. They are not interested in fairy tales about how Atiku Abubakar did not support restructuring because they know that he is and was and will always be an active promoter of restructuring.

Everywhere he goes to campaign, Atiku Abubakar has used temperate and respectful language on both President Buhari and Vice President Osinbajo.

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NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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