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Vice President Yemi Osinbajo on Thursday insisted that Ibrahim Magu would remain the acting chairman of the Economic and Financial Crimes Commission (EFCC).

The EFCC boss has been the bone of contention between the Senate and the presidency with the latter insisting on retaining Magu even though the Senate has called for his removal after twice failing his Senate screening.

Osinbajo, speaking in the Presidential Villa, Abuja said Magu has committed no offence to warrant his removal. He added that nor would the executive arm be strongarmed into making a decision.

He said, “Magu is going nowhere. Seriously, what offence has this man committed? I have known him personally right from the time of the very first chairman of the commission till now, he is a very dedicated, trustworthy gentleman. Don’t forget he is also the most senior official of the EFCC.”

This is not Osinbajo’s first declaration of support for Magu. The Senate, in protest, has suspended the screening of other nominees sent to it by the executive till Magu is removed.

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Detained Binance Executive Gambaryan Drags EFCC, NSA To Court

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Tigran Gambaryan, the CEO of Binance who is currently in detention, has claimed that he has been violated in his fundamental human rights by the Economic Financial Crimes Commission and Nuhu Ribadu, the National Security Adviser.

Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution.

He urged the court to order the NSA and the EFCC to release him from their custody and return his international travel passport with immediate effect.

Gambaryan also sought an order of perpetual injunction restraining the respondents and their agents from further detaining him in relation to any investigation into or demands from Binance.

He also urged the court to order the respondents to issue a public apology to him.

Gambaryan averred that he was in Nigeria alongside fleeing Nadeem Anjarwalla to honour the invitation of the ONSA and EFCC to discuss issues relating to Binance in Nigeria.

Anjarwalla escaped from the guest house where he and Gambaryan were being held

He argued that he had not committed any offence during the meeting, and neither was he informed in writing of any offence he personally committed in Nigeria at any other time.

“The only reason for his detention is because the government is requesting information from Binance and making demands on the company,” he added.

The fleeing Anjarwalla also filed a similar suit, marked: FHC/ABJ/CS/355/24.

At the proceedings on Thursday, T.J. Krukrubo (SAN) appeared for the plaintiffs, while the respondents had no representation.

Krukrubo informed the court that the respondents were served two days ago.

Shortly after that, he announced to the court that he was withdrawing from the matter as counsel for the fleeing Anjarwalla.

He did not give reasons for his withdrawal.

The trial judge, Justice Inyang Ekwo, adjourned the matter till April 8.

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President Tinubu’s 50-Member Emergency Teams Get Six Months To Fix Economy

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Wednesday established a 31-man Presidential Economic Coordination Council comprising himself, the Vice President, Senate President and the Chairman of the Nigerian Governors Forum, among others.

A 19-member Economic Management Team Emergency Taskforce was also formed by Tinubu, who gave them instructions to convene twice a week and produce a detailed six-month plan of economic interventions by 2024.

The Federal Executive Council gave its approval to the Economic Management Team Emergency Taskforce on Monday.

The President ordered that the six-month plan be put into action right away, within two weeks of the EET’s inauguration.

The EET comprises ministers, four governors and some members of the economic management team as well as the private sector.

The EET is to report to the Presidential Economic Coordination Council headed by Tinubu.

The PECC comprises 13 ministers, the Central Bank of Nigeria Governor, Yemi Cardoso, and the Chairman of the Nigeria Governors’ Forum, Governor Abdulrahman Abdulrazaq of Kwara State, among others.

The council also includes 13 persons drawn from the organised private sector including Chairman of Dangote Group, Aliko Dangote; UBA Chairman, Mr. Tony Elumelu; BUA Founder, Abdulsamad Rabiu, among others. The members of the organised private sector would serve on the council for a one-year tenure.

Tuesday’s move is “in furtherance of his administration’s efforts at re-engineering the nation’s economic governance framework,” the Presidency said in a statement signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale.

The statement is titled ‘President Tinubu establishes comprehensive economic coordination and planning system for Nigeria.’

It comes weeks after the President created an economic advisory committee comprising the federal government, sub-nationals and the private sector, on February 25.

Upon assuming office 10 months ago, the Tinubu administration discontinued subsidies on petrol, which, he said, would save the government monies for infrastructural expansion.

He also unified the foreign exchange rates to curb currency arbitrage.

However, these moves sparked major instability in the value of the naira and heaped hardship on Nigerians as food prices soared.

In February 2024, N1,900 was exchanged for one USD in the black market.

The naira has recently seen a steady climb against the US dollar, exchanging N1,300/$ at the official market on Wednesday.

Ngelale who announced the economy-focused initiatives said the setting up of the PECC and the EET was a strategic move to ensure robust and coordinated economic planning and implementation to tackle the challenges head-on.

Members of the PECC include President Tinubu as Chairman, Vice President Kashim Shettima as Vice-Chairman; President of the Nigerian Senate; Chairman, Nigeria Governors’ Forum; Coordinating Minister for the Economy and Minister of Finance; Governor of the Central Bank of Nigeria; Ministers of Agriculture and Food Security; Aviation and Aerospace Development and Budget and Economic Planning.

Others include Ministers of Communications, Innovation and Digital Economy; Industry, Trade and Investment; Labour and Employment; Marine and Blue Economy; Power; State, Petroleum Resources; State, Gas; Ministers of Transportation and Works.

Other members representing the organised private sector include Ms. Amina Maina, Mr. Begun Ajayi-Kadir, Mrs. Funke Okpeke and Dr. Doyin Salami, Mr. Patrick Okigbo, Mr. Kola Adesina, Mr. Segun Agbaje, Mr. Chidi Ajaere, Mr. Abdulkadir Aliu and Mr. Rasheed Sarumi.

Tinubu mandated the EET to formulate and implement a consolidated emergency economic plan in “furtherance of the President’s collaborative approach toward achieving economic resilience and growth.”

Members include the Coordinating Minister of the Economy and Minister of Finance who serves as Chairman, Minister of Budget and Economic Planning, Minister of Power, Minister of Agriculture and Food Security, Coordinating Minister of Health and Social Welfare, and Minister of Industry, Trade and Investment.

Others are the Governor of the Central Bank of Nigeria, National Security Adviser, Chairman, Nigeria Governors’ Forum, Governor of Anambra State, and Governor of Ogun State.

The Governor of Niger State, Executive Chairman, Federal Inland Revenue Service, Director-General, Budget Office of the Federation, GCEO, NNPC Limited, Director-General, Nigeria Economic Summit Group, Special Adviser to the President on Energy, Economists, Dr. Bismarck Rewane and Dr. Suleyman Ndanusa are also members.

On the operations of the EET, the Presidency said “Over the next six months, the EET will focus on the rapid implementation, monitoring, and evaluation of critical initiatives, strengthening the Tinubu-led administration’s collective approach to advancing Nigeria’s economic objectives.”

It also revealed that the Economic Management Team, established in October 2023, and chaired by the Coordinating Minister for the Economy and Minister of Finance, Wale Edun, would serve as the working group under the PECC, “playing a crucial role in the economic governance structure established by the president.”

Consequently, the Economic Management Team, which traditionally meets monthly or as required, will suspend all meetings for the duration of the EET’s six-month mandate.

The EMT comprises the Coordinating Minister for the Economy and Minister of Finance, who served as its Chairman, Governor of the Central Bank of Nigeria, Minister of Budget and Economic Planning, Minister of Industry, Trade and Investment, Minister of Communications, Innovation and Digital Economy, Minister of Works, and Minister of Labour and Employment.

Other members are Minister of Agriculture and Food Security, Minister of State, Petroleum Resources, Minister of State, Gas, Minister of Power, Minister of Transportation, Minister of Aviation and Aerospace Development, and Minister of Marine and Blue Economy.

The Presidential Spokesman, Ngelale, noted that, “The Chairman of the EMT may, as needed, call on any Federal Minister or Head of Agency to brief the EMT on key programmes and developments affecting the economy.”

He noted that the President’s formation of the PECC, under his Chairmanship, alongside the creation of the EET, led by the Chairman of the EMT, and the EMT itself, manifests a unified strategy aimed at enhancing Nigeria’s economic management architecture for verifiably improved performance.

“The formation of these teams will complement existing economic governance structures, including the National Economic Council , which is chaired by the Vice-President,” the statement read.

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Comedy Duo’s #MakeWeHalla Video Catalyzes Conversations on Domestic Violence in Nigeria

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In a nation where the discussion on domestic violence often remains shrouded in silence, two power actors have ignited a powerful movement that is resonating deeply across Nigeria.

Charles Inojie and Ali Nuhu, through their viral video titled #MakeWeHalla, have initiated a much-needed conversation on the pressing issue of domestic violence.

The video features the two talented actors in a humorous yet thought-provoking short video, emphasising the importance of speaking out against domestic violence.

 

https://www.instagram.com/reel/C43iD60Nh7e/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA%3D%3D

 

With their trademark wit and charm, Inojie and Nuhu delivered a compelling message; when Nigerians witness domestic violence, they must make noise, they must ‘halla’.

 

https://www.instagram.com/reel/C5BEb4wMq5h/?utm_source=ig_web_copy_link

 

The video is capturing the attention of viewers across various demographics, sparking discussions on online platforms.

Among many Nigerians who have been inspired by the video is a fast-rising actor and social media influencer, Joseph Momodu.

He wrote, “Yesoooo Oga Charles. The voice of the people is the voice of God. Domestic violence is not good and the more reason to really Halla!!”

A popular Nigerian film director and social media personality, Falalu Abubakar Dorayi, also known as Falalu A. Dorayi, added his voice against sitting on the fence while witnessing incidents of domestic violence. To him, “Women abuse is a bad behavior. Silence, when we see people doing (it), is like giving a chance to continue. It’s true, everywhere we see signs of “abuse” happening. Let’s expose the secrets. #MakeWeHalla.”

“This is powerful. We must halla! Like I always say, to fix this nation, you must fix yourself first. You are a part of the nation; once you fix you, you have fixed the nation. This is applicable to a community where domestic violence thrives,” Lanre Adediwura, an award-winning actor and online personality, opined.

A Nigerian actress and online celebrity, Kiitan Bukola, said that Nigerians can’t continue to sit on the fence in the face of domestic violence. “We must halla; we can’t continue to ignore. let’s kick against domestic violence… ,“ she wrote.

The success of #MakeWeHalla by encouraging individuals to speak up, is empowering communities to break the cycle of silence and stigma.

Inojie and Nuhu’s efforts have not gone unnoticed, as their initiative has garnered widespread praise and support from both fans and advocacy groups alike.

Monsurah Hamza with handle @ayotibami0 wrote, “Kudos to Charles Inojie and Ali Nuhu for sensitizing Nigerians on domestic violence #MakeWeHalla.”

Elated social media user @oladebuofficial stated, “How do I like this video 1 million times cos Bravo. Thank you for this… #MakeWeHalla.”

Bammy_ay wrote, “We really need more of this kind of video to educate people on domestic violence. Do not die in silence! #MakeWeHalla.”

@ekumastanleyifeanyi3 simply commented, “Say no to domestic violence.”

Through their creativity and dedication, Inojie and Nuhu have leveraged their platform to shine a spotlight on a critical issue that often remains hidden in the shadows.

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