Connect with us


BIG STORY

Governors Promote Insecurity To Inflate Security Vote —- Magu Drops Bombshell

Published

on

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu recently said some state governors have been promoting insecurity in their states just so they can inflate the security vote; Magu made this known when he interacted with the returning and newly elected governors.

The occasion was the Induction program organised by the Nigeria Governors’ Forum Secretariat for the returning and incoming governors.

Magu who was direct told the governors that some chief executive of states ‘now covertly promote insecurity as justification to inflate their security vote.’

Though did not go into the debate on the constitutionality of security vote, he, however, warned the governors in the need to be transparent in the expenditure of public funds.

The EFCC chairman, who presented a paper tagged “Imperative of Fighting Corruption/Terrorism Financing in Nigeria” said, “we have also seen evidence of theft of public resources by some state governors – cashing on the insecurity in their states.”

According to the anti-graft boss, “insecurity has also offered the required oxygen for corruption to thrive as evident in the $2.1bn arms procurement scandal involving top military commanders both serving and retired.”

He further stressed that corruption can also not be divorced from the festering insurgency in the Northeast; explaining that the nexus between corruption and terrorism is that corruption promotes insecurity.

According to him, “Mass poverty in the region due in part to corruption by the ruling elite, is largely to blame for the ease with which the islamists are able to recruit fighters to sustain their aggression against the Nigerian state.”

Magu further pointed out that the militancy in the Niger Delta and insurgency in the Northeast are by-products of corruption.

“As an investigator, I am shocked by the quantum of resources stolen from the Niger Delta Development Commission (NDDC) by those who run the intervention agency. It is so bad that even a mere personal assistant to a former Managing Director was charged for stealing over N3 billion,” the EFCC Chairman said.

He, therefore, tasked in-coming and returning governors on the need to shun corruption.

According to him, “whether we like it or not, corruption and terrorism have become the twin evils, undermining our collective efforts to make Nigeria a truly great country.”

He further stated that Nigeria’s failure to take full advantage of its natural resources could also be attributed to corruption as public office holders are in the habit of constantly pillaging public resources.

The anti-corruption czar observed that the country’s loss to corruption in the last decade runs into trillions of Naira, noting that a review of the recoveries between 2017 and now, shows that in 2017, the EFCC recovered N473.065billion, $98million, €7million and £294,000, while N236.16billion was recovered in 2018, which give just an insight into what had been stolen so far.

BIG STORY

ASUU Declares 2025 “Year Of Long Battle With Federal Government”

Published

on

The Academic Staff Union of Universities has warned that “in the absence of visible and concrete efforts at addressing pending issues and meeting its expectations, 2025 will be a year of long-drawn confrontation between the union and the Federal Government.”

Describing efforts made by the Federal Government to address its issues last year as window-dressing and cosmetic, ASUU said the FG made no major difference in the university education sector, continued its neglect of the university system, and failed to satisfactorily resolve its issues in the year 2024.

According to the Chairman of ASUU, Ibadan chapter, Prof. Ayo Akinwole, in a statement on Wednesday, the uninterrupted academic calendar in 2024 was a result of the sacrifice of the union, not that the government had addressed its impending issues.

The union flayed the FG over policy summersault in the 18 years benchmark for admission into tertiary education and asked the President Bola Tinubu government to, instead of embarking on a fresh renegotiation of the agreement, set in motion a process that will lead to the review and signing of the Nimi Briggs-led renegotiated draft agreement.

The ASUU chairman said the FG continuously failed to put machinery in motion to address its long-drawn issues of “non-provision of funding for the revitalization of public universities based on the FGN-ASUU MoU of 2012, 2013, and the MoA of 2017; non-release of the three and a half months of the withheld salaries; non-release of third-party deductions like scheduled loans repayments, personal savings to retirement schemes and cooperative contributions.”

The union listed other pending issues as non-release and payment of arrears of Earned Academic Allowance (EAA); the creeping fascism in some Nigerian universities; the problem associated with the proliferation of public universities; non-implementation of the reports of the Visitation Panels; non-implementation of UTAS in place of IPPIS and non-renegotiation of 2009 FGN/ASUU Agreement.

“These pending issues were yet to be satisfactorily resolved in 2024 and will, no doubt, define the trajectories of the relationships between our Union and the Federal Government in 2025. Having reviewed the state of education in Nigeria in 2024, it is time to set an agenda for 2025.

“Fellow Nigerians, given the usual adamant posture of the Federal Government to satisfactorily address the pending issues concerning the education sector in general and the university system in particular, we expect that the year 2025 may, if care is not taken, be a year of another challenge and struggle.

“In the absence of visible and concrete efforts at addressing the pending issues and meeting our expectations, there is likely to be a long-drawn confrontation between our Union and the Federal Government, which will probably lead to another round of untold avoidable crisis in the university system in Nigeria.

“Given the important role of education in national development, it is expected that the Government should show a sincere commitment to reversing the downward trend in basic education by engaging in a total overhaul of the sector through the provision of basic facilities, such as good classrooms, desks, and chairs which will address the issues of over-crowding and dilapidation.

“The remuneration of the teachers should be reviewed to attract and recruit qualified teachers. Critical and concerted efforts should be deployed to tackle the high rate of out-of-school children in Nigeria, considering that education is the fundamental right of every Nigerian child.

“We also expect that the withheld three and a half months’ salaries and third-party deductions owed our members should be paid forthwith. We also expect that the Earned Academic Allowances (EAA) should be released, just as we expect that the funding for the revitalisation of the universities should be released by the FGN-ASUU MoU of 2012, 2013, and the MoA of 2017.

“The welfare of workers in the education sector and Nigerian workers is paramount, considering the state of the national economy and high cost of living, which has deepened the erosion of the conditions of service of our members.

“We, therefore, expect that the Nimi Briggs-led renegotiated draft agreement should be quickly reviewed in line with current economic indices and signed and that the university lecturers’ salaries should be restored to the African average which was the spirit of the 2009 Agreement, leading to the pegging of the professorial salaries at $3,000, which, in 2025, has amounted to paltry $200 due to the deterioration of the Nigerian Naira against the US dollar.

“It is also our expectation that the attack on TETFund should cease and the idea of commodifying university education in Nigeria should be dropped. Instead of borrowing bad examples from Britain and other capitalist countries, we should, as a developing country, borrow from countries like Germany, where education at all levels is free and properly funded.

“The welfare of workers in the education sector and Nigerian workers is paramount, considering the state of the national economy and high cost of living, which has deepened the erosion of the conditions of service of our members.

“We, therefore, expect that the Nimi Briggs-led renegotiated draft agreement should be quickly reviewed in line with current economic indices and signed and that the university lecturers’ salaries should be restored to the African average which was the spirit of the 2009 Agreement, leading to the pegging of the professorial salaries at $3,000, which, in 2025, has amounted to paltry $200 due to the deterioration of the Nigerian Naira against the US dollar.

“It is also our expectation that the attack on TETFund should cease and the idea of commodifying university education in Nigeria should be dropped. Instead of borrowing bad examples from Britain and other capitalist countries, we should, as a developing country, borrow from countries like Germany, where education at all levels is free and properly funded.

“Part of our expectations is that the long-standing challenges associated with the payment mode should be laid to rest in 2025 by the implementation of UTAS.

“Government as a matter of urgency should reverse the downward trend of public universities by deliberately restoring true hope for the children of the people who do not have any option of private university or overseas studies.

“Comrades, in this new year, let us summon more courage to act against the threat to knowledge and human dignity. Consequently, we advise our members to continue to remain vigilant and continue their support to the leadership of the Union at all levels. Let’s brace up for the crisis that may arise should our expectations not be satisfactorily met in 2025. For a people United Can Never Be Defeated,” the statement read.

The ASUU also rejected the tax reform bills as an attempt to an attempt to destroy the major source of infrastructural funding for already struggling public tertiary institutions, and “commodify university education in Nigeria.”

Akinwole held that the education tax to be replaced by a “development levy,” would disrupt the revenue stream of the Tertiary Education Trust Fund, which has been a major source of funding for infrastructure development in many public tertiary institutions.

The ASUU chairman also described the 2025 budgetary allocation to education as inadequate and below the expected 15 per cent to 20 percent internationally-advised benchmark.

Similarly, in October 2024, President Bola Tinubu asked the National Assembly to consider and pass four tax reform bills. The bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. A part of the tax administration bill proposes eliminating the education tax, to be replaced by a “development levy.”

“This would effectively disrupt the revenue stream of the Tertiary Education Trust Fund (TETFund), an agency set up as a product of the ingenuity and struggles of ASUU, that has been the major source of funding for infrastructure development in many public tertiary institutions over the last decade. Since its establishment in 2011, TETFund has monitored the disbursement of education tax to public tertiary institutions in Nigeria.

“However, with this new bill, only 50 per cent of the monies accruing to the levy would go to TETFund in 2025 and 2026. TETFund’s share will be upped to 66 per cent in 2027, 2028, and 2029. Then, the agency would cease to get any revenue from 2030. From 2030, the development levy will be solely meant to fund the federal government’s student loan scheme. What this means is that the agency that funds infrastructural development in Nigerian tertiary institutions is under the threat of extinction by 2030. This misbegotten policy will have huge and adverse implications for the university system in Nigeria.

“This is, no doubt, an attempt to destroy the major source of infrastructural funding for already struggling public tertiary institutions. It is also an attempt to commodify university education in Nigeria.

“Recently, the president presented the 2025 proposed budget of N47.90 trillion before the 10th National Assembly, out of which N3.52 trillion was earmarked for the education sector. This is roughly 7% of the total budget, which falls far below the benchmark of 15%-20% educational budget for underdeveloped countries like Nigeria, specified by both UNESCO and the United Nations Fund for Population Activities (UNFPA), which has been advocated by our Union,” Akinwole said.

Continue Reading

BIG STORY

Minister Of Power Adelabu Begs Nigerians, Says Protect Power Infrastructure

Published

on

Nigerians have been urged to demonstrate patriotism in their actions, attitudes, and dispositions, especially towards the nation’s critical power infrastructure.

The Minister of Power, Adebayo Adelabu, made the call in his New Year message to Nigerians on Wednesday.

In a statement signed by his Special Adviser on Strategic Communications and Media Relations, Bolaji Tunji, in Abuja, the minister expressed deep concern over the continuous attacks and vandalism of power infrastructure, which have negatively impacted the progress made in the incremental supply of electricity to households and businesses, due to the lack of patriotism by those responsible.

Adelabu pointed out that the actions of unpatriotic Nigerians, who appear as vandals and bandits, have been the primary obstacle to achieving a breakthrough in the nation’s electricity supply over the past year.

He emphasized that access to electricity is a fundamental right for all Nigerians and that host communities must play a role in protecting critical power assets.

Last year, Adelabu pledged that power generation in Nigeria would reach 6,000 MW by the end of the year, highlighting improvements in the sector over the past year.

However, the frequent collapse of the nation’s electricity grid and the vandalism of towers have ultimately undermined the stability of the Nigerian Electricity Supply Industry and hampered the country’s power generation.

The statement read, “As we are ushered into the New Year by the grace of the Almighty God, this is to reiterate the commitment of our ministry and all our agencies to the pragmatic and resolute promise of Mr President to make electricity supply to all Nigerians a reality.

“President Bola Tinubu has repeatedly said that access to electricity is the right of all Nigerians and we have keyed into that promise and will ensure that all Nigerians are availed of this fundamental human right, as directed by Mr President.

“I want to call on all of us to own the power infrastructure in our different communities across the country. In doing this, we can secure and safeguard them.”

He reiterated the government’s commitment to the pragmatic and resolute promise of Mr President to make electricity supply to all Nigerians.

“The Federal Government is committed towards ensuring regular electricity supply to businesses and households in the country, and all the agencies of the ministry are committed to this. However, those who did not wish the nation well, such as vandals and saboteurs, went after these national assets.

“Power and transmission lines were subjected to constant and sustained attacks. Though efforts are being made to protect these assets, we plead with all Nigerians to see this infrastructure as theirs and protect them.

“Let us all be patriotic and appreciate the administration’s desire to provide these assets, especially our transmission and distribution lines,” he pleaded.

The statement continued, “Without electricity supply, there is absolutely nothing we can do. Our industries cannot work. Our educational and health institutions will not function. I therefore wish to plead with our host communities to also own the power infrastructure, by protecting them. In this way, we are playing our roles, as patriotic citizens of Nigeria.

“As we enter the new year, we are coming with renewed vigour to ensure that Nigerians enjoy uninterrupted electricity supply, either through grid or non-grid supply.

“Let me reiterate that the Federal Government is determined to ensure that our tertiary educational and health institutions also benefit from the ongoing reforms in the power sector by alleviating the challenges they face in areas of power supply and tariff.

“We wish all Nigerians a blessed, glorious, and prosperous New Year.”

Continue Reading

BIG STORY

Anthony Joshua Names Tyson Fury His 2025 Target

Published

on

Anthony Joshua says his goal for 2025 is to finally face Tyson Fury in the ring for their long-awaited all-British heavyweight boxing match.

Joshua shared his thoughts on Wednesday during a conversation with journalists after meeting President Bola Tinubu in Lagos.

The 35-year-old Nigerian-British boxer and Fury have been long-time rivals. A fight between them has been scheduled twice, but both times the plans fell through.

Joshua expressed that his aim for the new year is to eventually face his arch-rival. He also added that he is eager to capture the world heavyweight boxing title for a third time.

“2024, when I look back, I believe I could have done more. 2025, I want to do more and will ensure I use every opportunity,” he said.

“I should have won [against Dubois] but did not. Ups and downs do happen. My life is up and down. So, I get used to the turbulent times and keep riding the wave. I cannot stop there.

“My target for 2025 is Tyson Fury.”

Joshua and Fury are currently without titles. Both lost their belts to Oleksandr Usyk over the past two years.

Usyk defeated Joshua in 2021 and 2022 to claim the WBA, IBF, and WBO titles, and the Ukrainian also triumphed over Fury twice in 2024 to become the first undisputed heavyweight champion of the world in 25 years.

Continue Reading



 

Join Us On Facebook

Most Popular