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The Christian Association of Nigerian has said it would be compelled to make it a law for any Christian believer to produce his or her own voter’s card before being allowed to attend any mass or service.

The Chairman, Plateau State chapter of the CAN, Rev. Soja Bewarang, gave this hint on Saturday at the third annual Plateau State prayer day organized by the state CAN in conjunction with the Plateau State Government.

The prayer session, with the theme: “Endless Love Of Christ Brings Unity,” had its Bible passage from John 15: 12-14.

Bewarang expressed dismay over the lack of unity among Christians, saying political or denominations’ differences between Christians remains the impediment of the progress of the Christian faith in Nigeria.

He however charged Plateau State Christians to shun such sentiments and love one another for the progress and development of the state, adding that the church as a body would be compelled to take stringent measures against any member that fails to obtain a voters’ card to exercise his or her civic responsibility in future elections in the country.

Also in his address, the Governor or Plateau State, Simon Bako Lalong, begged the people to always verify any information at their disposal before taking it to the market squares

According to Lalong: “Don’t go on using Facebook to backbite my government and don’t listen to voices of enemies who instigate crisis to tear the unity of the state.

“All of us as God fearing should use God’s talents, time and treasures positively in proclaiming, educating and telling the truth not just to the authority but their congregation.”

“Without prejudice to the giant strides being made in the development of the state, we have been witnessing pockets of crises between herdsmen and farmers.”

Lalong told CAN that there are challenges of understanding the issues of grazing reserves and ranching, but for the sake of posterity, there was the clarification of the current position and intentions of the government on the matter.

He said grazing reserves are simply tracks of land acquired, developed and reserved or set aside for farmers or nomads to use in grazing their livestock or domesticated animals, while ranch or livestock production centre is a plot or piece of land dedicated to raising any livestock within a large area or even at a backyard.

The Governor lamented that but for the propaganda by some people who have chosen to politicize the issue, his government has never initiated the establishment or creation of grazing reserves.

According to him, the inherited April 2009 gazette made by former Governor Jonah David Jang, which recognized and established grazing reserves in Plateau State, and as well approved budgetary allocations to effect the development, is being peddled to blackmail him.

Lalong added that his administration didn’t embrace the concept of grazing reserves as solution to abating the series of clashes in view of the fact that in this 21st century and modern times, they are outdated, unacceptable and recurrent recipe for crises as being witnessing.

He explained: “We presented our score card in the light of gains and successes such as engendering peace, hope and harmony amongst the citizenry, initiating and executing new projects across the three geopolitical zones of the state.”

On his part, the Catholic Archbishop of Jos, Most Rev. Ignatius A. Kaigama, commended Lalong and CAN for organizing the prayer session, saying the event has helped the Governor in clearing the air on fundamental issues disturbing the minds of the people.

Kaigama then prayed to God to heal Plateau land and comfort those who lost their loved ones in the recent attacks in the state.

BIG STORY

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return As Chairman

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  • Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

 

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.

The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.

The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.

The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe. Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.

“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).

In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.

The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.

Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

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BIG STORY

Customs Adjust FX Rate For Import Duties To N1,147/$

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The foreign exchange (FX) rate for duties has once again been modified by the Nigeria Customs Service (NCS) to N1,147.02 per dollar.

When compared to the N1,238.1/$ reported on April 18, this indicates a decline of 7.3 percent. On Friday, the customs rate was observed.

It dropped below the official foreign exchange rate, which ended trading at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on April 18 at N1,154/$.

The drop in the FX rate for customs tariffs and duties is coming amid the Central Bank of Nigeria‘s (CBN) effort to stabilise the naira.

On April 17, the naira appreciated to N1,050 at the parallel section of the FX market, from the N1,100/$ traded on April 15.

Meanwhile, on April 16, President Bola Tinubu inaugurated the national single window (NSW) project to boost trade in Nigeria.

NSW is an electronic portal linking all agencies and players in import and export processes to an integrated platform.

Speaking on the development, Adewale Adeniyi, the comptroller-general (CG) of Nigeria Customs Service (NCS), said the country is making progress with consultations on the reopening of the borders with Niger Republic and Benin Republic.

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BIG STORY

8 Nigerians In South Africa Police Net For “Attacking Officers During Drug Raid”

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Eight Nigerians have been taken into custody by the South African police for reportedly fighting police during a drug operation.

The suspects were taken into custody in the province of the Northern Cape, the police said in a statement released on Friday.

According to the police, the suspects also caused damage to other properties and cars.

“At the time of the arrest, police were tracing information of one of the Nigerian nationals being in possession of drugs,” the statement reads.

“While conducting this search, a large group of Nigerians attacked police. Police fired rubber bullets to disperse the crowd.

“One suspect was arrested for illegal possession of drugs, and three suspects were arrested for public violence and detained at Kimberley Police Station.

“During processing, the suspects broke windows at the station. Additional charges of malicious damage to property were added.

“Another group of Nigerians later approached the Police Station and threatened to retaliate.

“The Operational Commander warned the group to disperse.

“However, upon dispersing, the group damaged police vehicles. Another four suspects were arrested for malicious damage to property.”

Koliswa Otola, police commissioner for the province, commended officers for the arrest of the suspects.

Otola condemned acts of violence against law enforcement agents, saying those who prevent police from exercising their duties “will be dealt with harshly”.

“We will not allow such lawless behaviour,” the commissioner said.

“We are processing the suspects and working with Home Affairs to determine if they are legally or illegally in the country.

“Police will continue to stamp the authority of the state in the Northern Cape Province.”

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