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Hosting FFK At Aso Villa Evidence Of Buhari’s Capacity To Forgive —- Femi Adesina

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Special Adviser to the President, Major General Muhammadu Buhari on Media and Publicity, Femi Adesina, has explained why his principal hosted an unsparing critic of the regime and former minister Femi Fani-Kayode in Aso Villa following his defection to the ruling All Progress Congress.

Adesina wrote:

Not a small ruckus has been caused by the defection of former Minister of Aviation, Chief Femi Fani-Kayode (FFK), from the People’s Democratic Party (PDP) to the All Progressives Congress (APC) last week.

An icing on the cake, or the salt added to injury (depending on which side you are), was his reception at the Presidential Villa by Muhammadu Buhari, father of the nation. The development has been rocking the polity for many days.

FFK is by no means a miscellaneous personality, and whatever he does, or does not do, attracts loads of attention.
He was a founding member of the APC before he ported back to the PDP. And he did not leave quietly. He ruffled feathers and stirred up the mud. He became a rabid hater of his former party and its members.

Between last week and now, vitriol poured by FFK on anybody with the slightest affinity to APC has been dug up serially. He has said things straight from the gutters, things that the natural man would call unforgivable and unpardonable. Against President Buhari, the first family, Yusuf Buhari whom he wished had died when the latter had an almost fatal bike accident, APC as a party, the government, leaders of the party, groups and individuals. Even this writer has suffered horrid descriptions from FFK in many write-ups.

Yes, he even said he would rather die than return to APC, but last week, he returned—well and alive.
Naturally, a lot of loyal APC members are hopping mad that FFK was readmitted into the party. And not only that, he got back at the highest level. Not at his ward in Ile-Ife, Osun State, but the triumphal entry was at the Presidential Villa, with President Buhari himself as the host.

I understand the umbrage taken against the development by teeming APC supporters. It’s the natural thing to do. But then, having vented spleen, raised dust, and almost brought down the roof, the next thing is to isolate the issues dispassionately.

With the bile displayed towards President Buhari and his family over the years, how did the man find the grace to have received FFK? How was he convinced? Who did the convincing? What were the extenuating factors? How? When? Why?

By agreeing to the readmission of FFK to APC as the leader of the party, and hosting him at the Villa, President Buhari displayed an amazing capacity to forgive, to show mercy, and let bygones be bygones. How many of us can do that? Not many.

Remember William Shakespeare in Merchant of Venice:

“The quality of mercy is not strained.
It droppeth as the gentle rain from heaven
Upon the place beneath. It is twice blest:
It blessed him that gives and him that takes…
It is an attribute of God Himself.”

That was what Buhari did to FFK. He showed him mercy, dropping like the gentle rain from heaven, when he could have otherwise spat into the sky, collecting the spittle with his own face. Was that not what I and you would have done? Confess. We would have told FFK to go to hell and stay there. But Buhari didn’t. He displayed an attribute of God: forgiveness.

One of the lies that had been serially told against the President was his alleged unforgiving spirit, a falsehood sold to Nigerians by anti-Buhari forces since the days of military rule. The lie traveled for so long, till it was eventually overtaken by the truth in one day. Nigerians saw through the facade and elected Buhari as President in 2015. Re-elected him with a wider margin in 2019.

I have worked with the President for over six years. And I have seen amazing things in terms of accommodation and capacity to forgive. I have visited him at home many times in the evenings, only to find at the dinner table with him people who had been abusing his forefathers on television earlier in the day. This President has the capacity to forgive, and forget. And make peace. That was what he displayed in the case of FFK. Nothing short of divine attribute, which me and you should covet and seek to approximate.

True, the brother of the prodigal son in the Good Book was unhappy, after his sibling had engaged in riotous living, squandered his inheritance, and came back home in penury. And the father received him with glee, and slaughtered the fatted calf in celebration.

The brother was indignant. He accused the father of bad faith, saying he had remained faithful and loyal, and not once did the father give him a goat to kill, and make merry with his friends.

That is the case of the APC members who have been unhappy at the reception given FFK. He did not deserve it, they claim. True. But how many things don’t we deserve, but which eventually come our way? That is the inscrutable nature of God, and we should not begrudge ourselves, or anybody else. How many things have come your way, which you really don’t deserve? But God gave those things to you, nevertheless. Same with FFK.

I think those screaming blue murder and lamenting the injustice and unfairness of it all should hold their peace. They have made their points and should let things be. Enough! FFK is back, let sleeping dogs lie. He may stay this time around, as he claims to have had a Damascus road experience, which turned Saul to Paul.

Many times, FFK has used unprintable words against me. He has deployed phrases from the nether region against me. But after writing those things, and we met in public places, he would embrace me, calling me his “friend and brother.” I agree, we are brothers, though I should hold giant-sized grudges against him. President Buhari has shown us the way. To err is human, to forgive, divine.

And come to think of it. Is it pleasant to swallow one’s vomit? Nah. But that was what FFK did. All those foul words against the President, the APC, the government, many people in government. He has swallowed them. Delicious? By no means. Pueh! You would feel like retching. So, let’s salute the courage of his conviction. It is rare, and not many people would do it.

I welcome FFK back to APC. And I pray it is for an enduring time. I thank President Buhari for showing an astounding large heart. That’s how to be a father. He has confounded all those who peddle lies about him, and the balderdash about not forgiving.

The quality of mercy is not strained. It droppeth as the gentle rain from heaven. It has dropped upon FFK. May it always drop on us, for “it blesses him that gives, and him that takes.” Amen, somebody!

BIG STORY

JUST IN: Police Arrest Yahaya Bello’s ADC, Security Details

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The Nigeria Police Force has detained a female police officer who was the aide-de-camp to embattled former Kogi State Governor, Yahaya Bello, Saturday PUNCH is reporting.

The ADC was arrested alongside other police officers attached to 48-year-old Bello and is being detained at the State Criminal Investigation Department, Federal Capital Territory, Abuja.

Their arrests and detention followed a Thursday night order by the Inspector General of Police, Olukayode Egbetokun, directing their immediate withdrawal from the former governor.

Senior police sources, who spoke to our correspondent on the condition of anonymity because they did not have authorization to comment publicly on the matter, noted that the officers were arrested on the suspicion that they aided and abetted Bello’s escape from operatives of the Economic and Financial Crimes Commission, who had gone to effect his arrest at his Abuja home on Wednesday.

“The ADC and the other police details attached to Yahaya Bello have been arrested and detained.

“They were arrested on the order of the IG, on the suspicion that they aided and abetted the former governor’s escape from the EFCC on Wednesday,” one of the sources told our correspondent in a telephone conversation on Friday.

Another source said, “Yahaya Bello’s female ADC and other police officers attached to him were brought to the command this morning, and they’ve been detained for aiding and abetting (the governor’s escape).”

Egbetokun had, on Thursday night, ordered the withdrawal of all police officers attached to Bello.

The order for the withdrawal was contained in a police wireless message sighted by our correspondent on Friday morning.

The document read, “CB:4001/DOPS/PMF/FHQ/ABJ/VOL.48/ 34 X ORDER AND DIRECTIVES X FOLLOWING MESSAGE RECEIVED FROM NIGPOL.

“DOPS ABUJA X BEGINS X CB:4001/DOPS/FHQ/ABJ/VOL.21/462 DTO:180955/04/2024 X ORDER AND DIRECTIVES X REF MYLET NO CB:3412/DOPS/FHQ/ABJ/VOL.1/36 DATED 15/04/2024 X AND MY EARLIER LET NO CB:3412/DOPS/FHQ/ABJ/VOL.1/30 DATED 24/01/2024 X Nigeria police have ordered the withdrawal of all men.

“Police attached to His Excellency and former Executive Governor of Kogi State, Alhaji Yahaya Bello, should acknowledge compliance and treat with utmost importance. Please above for your information and strict compliance.”

Also, the Federal Government had on Thursday night placed Bello on a watch list.

In a document exclusively obtained by our correspondent on Thursday night, the Comptroller General of the Nigeria Immigration Service, revealed that Bello was placed on a watchlist for conspiracy, breach of trust, and money laundering.

The Assistant Comptroller General signed the document and copied the Nigeria Customs Service, the Inspector General of Police, the Director General of the Department of State Services, and the Director of the National Internet Agency.

The document read, “I am directed to inform you that the above-named person has been placed on a watch list. Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for Conspiracy, Breach of Trust and Money Laundering vide letter Ref; CR; 3000/EFCC/LS/EGCS.1/TE/V 1/279 dated April 18, 2024.

“If seen at any entry or exit point, he should be arrested and referred to the Director of Investigation, or contact 08036226329/07039617304 for further action.

“Please, accept as always the Comptroller-General’s warmest regards and esteem.”

The Economic and Financial Crimes Commission had earlier declared Bello wanted for laundering the sum of N80,246,470,088.88.

The development was contained in a notice posted on the commission’s official Facebook page on Thursday, with a snapshot of the embattled ex-governor attached.

The notice read, “The public is hereby notified that Yahaya Adoza Bello (former Governor of Kogi State), whose photograph appears above is wanted by the Economic and Financial Crimes Commission in connection with an alleged case of Money Laundering to the tune of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eighty Nine Naira, Eighty Eight Kobo).

“Bello, a 48-year-old Ebira man, is a native of Okenne Local Government of Kogi State. His last known address is: 9, Benghazi Street, Wuse Zone 4, Abuja. Anybody with useful information as to his whereabouts should please contact the Commission.”

Bello had, on Thursday, failed to appear before Justice Emeka Nwite of the Federal High Court sitting in Abuja following his arraignment by the EFCC.

The embattled former governor was arraigned in absentia before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering.

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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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