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You’re A Pastor, Stop Lying; Nigeria Not Safe —- Afenifere Tackles VP Osinbajo

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The Pan Yoruba Socio-political group, Afenifere, has carpeted Vice-President, Prof. Yemi Osinbajo, over his claim that the ongoing insecurity in the country particularly kidnapping and banditry were being exaggerated by Nigerians.

The General Assembly of the group on Tuesday at the Akure home of its leader, Chief Reuben Fasoranti, who berated Prof. Osinbajo over the comment made on Sunday while addressing some Nigerians in New York, maintained that the growing trends of insecurity in the country is an indication of a failed state, particularly with the recent security alerts issued by the United Kingdom and United States of America to their citizens over security threats in most parts of the country.

While stating that the development calls for concern, the group stressed that it does not reflect truthfulness on the part of the Vice-President as “Yorubaland is Still Under Siege” as well the continued “traumatization of our people by Fulani herdsmen/kidnappers/militia all across the Six states in the zone as well as Kwara and Kogi States.”

Recall that the Vice President had during a town hall meeting in New York on Sunday evening while responding to questions and comments as regards “high rate of killings and kidnappings” in the country stated that, “With respect to general kidnapping which we have seen in parts of the country, again, this is not entirely new. In fact, some of the kidnapping stories you read or listen to are simply not true anywhere, some are fuelled by politics.

At the meeting, Osinbajo added that, “There are cases of kidnapping, no question at all about that, but some of the more dramatic stories that you hear are simply not true.”

According to the National Publicity Secretary of the group, Yinka Odumakin who signed the communiqué after the meeting, Afenifere, “frowned at this unfortunate comments by the Vice President who shames the Yoruba people with his very cheap politicking with the lives of Nigerians.”

The communiqué read in parts, “All the reports provided clear indications of failure of state as the security forces have largely incapable or unwilling to safeguard the lives of our people against these Criminals as we are not aware of any of them that has been arrested or is under trial at the moment just as all the Federal Government has done so far is to make excuses for the Boko Haram and Miyetti Allah groups that have been accused of so many crimes against the people of Nigeria.

“It is against this backdrop that the meeting was scandalized by the opportunistic and provocative utterances of Vice-President Yemi Osinbajo in NewYork on Sunday dismissing the danger we are faced with in Yorubaland as well as by other zones in Nigeria as being “politically motivated.”

“As if he is unaware that we are in a digital world, which explains why America and Britain have issued travel directives to their citizens not travel to more than 2/3 of Nigeria, the VP without much thought for his integrity stated “With respect to general kidnapping which we have seen in parts of the country ,again, this is not entirely new. In fact, some of the kidnapping stories you read or listen to are simply not true anywhere, some are fueled by politics.”

Afenifere added that even the presidency cannot shy away from the pervading insecurity in country particularly as it affects the president’s hometown, Daura as well as dignitaries across the country.

“Is the report of the kidnap of a District Head from President Buhari’s town from May 1 till date politically motivated? And was the President speaking of another country when he handed kidnappers on rampage to God?

“Was former Health Minister, Prof Isaac Adewole playing politics when it was announced that his son was kidnapped ?

“What politics was afoot when the Ondo State Governor recently announced that his convoy was waylaid by kidnappers?

“If he cannot answer these questions, he should kneel before his God and ask for forgiveness for violating “Thou shall not lie” commandment .We further admonish him not to allow whatever ambition and political interest he serves to push him to make such infuriating comments as the No 2 man in the country again.

“As a people who cannot continue to bear what is going on, and we believe it is so with so many communities in Nigeria, meeting made the following demands:

The group however called on President Muhammadu Buhari to withdraw from his position as the Patron of Miyetti Allah if he his sincere of tackling the issue of herdsmen attacks in the country.

“We restate our earlier call on Mr. President to separate the office of the President of Nigeria which he occupies from being also the grand patron of Miyetti Allah which we suspect makes it very difficult for security agents to go after members of this group whenever they commit or are accused of crimes.

“There must be immediate enforcement of law and order as an urgent measure to flush out these criminal elements from our society .

“There must be immediate steps taken to rework Nigeria to take it back to the practice of FEDERALISM so that every federating unit can have their police to secure their environment.

“In order to cut the production line of criminals and bandits we must have the practice of Federalism in many key spheres especially the economy so that all units must have the rights to tap whatever is under their soil so that new corridors of prosperity are created to eradicate the massive unemployment in the county so we can cease to be the headquarters of poverty.”

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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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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