Author: The Nation

  • Akeredolu laments commissioner’s death

    Akeredolu laments commissioner’s death

    Osagie Otabor, Akure

     

    ONDO State Governor Oluwarotimi Akeredolu said on Sunday that it was a pity that the Commissioner for Regional Integration, Prof. Bayonle Ademodi, would not witness the gains of bitumen exploitation.

    He spoke when he visited the bereaved family.

    Akeredolu described Ademodi as a thoroughbred academic, whose interest in bitumen exploitation and exploration would forever make him a great loss to the state in particular and Nigeria as a whole.

    The deceased’s wife, Yetunde, said her husband was a committed person, who never abandoned his target.

    She thanked the governor for the visit and said the government would be informed of the funeral programme.

    Ademodi was a Professor of Chemical Engineering.

    Read Also: Court dismisses suit seeking to sack Akeredolu

    The deceased, an indigene of Ondo town, died on Saturday night after a medical surgery. He was 68.

    The All Progressives Congress (APC) in Ondo State described Ademodi’s death as a great loss to the party and Ondo East Local Government in particular.

    The Chairman, Ade Adetimehin, said in a statement that the late Ademodi left a vacuum that would be difficult to fill.

     

  • Ex- Burundi president Buyoya’s funeral to hold in Mali

    Ex- Burundi president Buyoya’s funeral to hold in Mali

    Our Reporter

     

    THE funeral of the late Burundi president, Pierre Buyoya, will be held in Mali at a date to be announced later, family sources said on Sunday.

    Buyoya, 71, president of Burundi from 1987 to 1993 and from 1996 to 2003, died on Thursday in Paris, France, from COVID-19.

    In a communiqué, the spouse, children and grandchildren announced that the funeral of the late president will be hosted in Mali where he and his wife had lived for many years.

    The family expressed its gratitude to the Malian authorities, the African Union Commission (AUC) and all those who have offered their solidarity.

    Read Also: Burundi President dies of ‘cardiac arrest’ at 55

    Bamako had already offered to hold the funeral of the man who was recently the Senior African Union (AU) representative for Mali and Sahel.

    “The one we are mourning today is a great Burundian, a great African, a great Sahelian and finally a great Malian, our compatriot. We regret his death,” Mali’s president of the transition, Bah N’daw, said.

    Buyoya had serious judicial problems in Burundi where he was sentenced, in October, to life imprisonment in a case of assassination of his successor, Melchior Ndadaye, in 1993.

     

     

     

  • Irreverent rouges

    Irreverent rouges

    Hardball

     

    YORUBA people have a saying which roughly translates thus: when a neophyte gets into the sacred grove that commands trepidation, he would cower. That is to say, there are some terrains where angels should fear to read, and it isn’t expected even of fools to rush in. This ancient wisdom lately came under brazen affront by criminal actors who take on objects that should be intrinsically awe-inspiring, hence should dissuade any attempt at being desecrated.

    In the early hours of Thursday, 10th December, vandals burgled the Ogun State House of Assembly complex in Abeokuta where they stole the legislative mace. Reports said they broke into the Speaker’s office through the roof to reach the symbol of authority, besides damaging other items of property. Curiously, they shortly after discarded the part of the mace that had the coat of arms – its imprint of authority. “The head of the mace has been recovered and investigation has commenced,” the spokesman of Ogun State Police Command confirmed on the heels of the burglary, saying no arrest had been made but “we are getting some clues on the perpetrators and very soon we will arrest everyone that partook in the dastardly act.”

    Barely 24 hours after the theft, operatives attached to Trade Fair Station of the Lagos State Police Command recovered the stolen mace at Abule Ado area of the metropolis. Spokesman of the Lagos command said officers acted on intelligence received from members of the community that “someone in a moving vehicle suspected to be Toyota Siena space wagon threw out an object into the nearby bush;” they recovered the object that was later identified as the Ogun assembly mace.” The spokesman did not say whether any suspect was arrested, but assured that efforts were underway to return the item to Ogun assembly and assist the Ogun police command with investigation.

    The mace incident evoked memories of the theft of Oba of Lagos Rilwan Akiolu’s staff of office during an invasion of his palace by rampaging youths on 21st October as the #EndSars protests degenerated. That sacred staff was eventually recovered, amidst remonstrations by cultural stakeholders against apparent desecration of the historically deified institution of monarchy.

    Other than being inveterately irreverent, it is curious what promise of reward hoodlums saw in the symbolic items to make them targets of theft. The Ogun assembly burglary was all the more curious as it wasn’t reported that other items with conventional market value were as well stolen. A possible explanation is that the vandals were simply too desperate to think through their enterprise before setting on it.. But Hardball thinks it is also a challenge to institutional custodians to conduct themselves as would safeguard the aura of their institutions and ingrain trepidation in the hearts of potential desecrators.

     

  • Benue youths reject thuggery in politics

    Benue youths reject thuggery in politics

     Uja Emmanuel, Makurdi

     

    Youths from Vandeikya / Konshisha Local Government area have begun a campaign against thuggery ahead of 2023 elections.

    The youths are insisting they would no longer be used to spill blood during elections.

    Youths under the aegis of Jechira Gubernatorial Movement (JGM) led by Dan Nyikwagh gave this position when he paid homage to the traditional ruler of Gboko, Chief Gabriel Shosum.

    Nyikwagh and his group were in Gboko, the headquarters of Jemgba, a group among the Tiv spread in Tarka, Buruku and Gboko local government areas to lobby the youths to support Jechira to produce the next governor of Benue State.

    Speaking as Convener and President of Jechira Gubernatorial Movement (JGM), Nyikwagh said it was sad that politicians no longer consider youths for appointments but use them only as thugs to snatch ballot boxes during elections, a development he said was unacceptable in the next political dispensation.

    Former Chairman of Vandeikya Local Government Area Benedict Kume urged the youths to shun being used as thugs during 2023 campaigns and elections, saying politicians always have a way of meeting at the dinning table, while youths insult, fight and kill one another.

    Kume advised the youths to take the lead in 2023 politics and change their perspective and contest for elective positions to prove that they are also good for elective positions.

    Read Also: Benue to introduce digital literacy in schools

    State Youth Leader, All Progressive Congress (APC), Tersoo Baki, PDP  Youth Leader Gboko local Government area Aliyu Nonishu, Gboko LGA APC Youth Leader Dekera Vergba, Aondonenge Ansha, Steven Numve, all vowed that youths would no longer engage in politics of blood and tears.

    They also promised to back Jechira to produce the next governor of Benue State.

    Jechira Gubernatorial Movement is a group of youths among the Tivs spread in Vandeikya and Konshisha local governments.

    Their mission is to lobby other Tiv Intermediate areas to cede the 2023 governorship seat to the people of Jechira and had being going round the Tiv political bloc to state their mission.

     

  • Imo to shut illegal betting operators

    Imo to shut illegal betting operators

    Damian Duruiheoma, Owerri

     

    IMO State Government has said it would commence a shutdown of illegal operators in the lotteries, pools and sports betting industry in the state from January, 2021.

    Director-General, Imo State Gaming Board, Mr. Victor Nwaobia, disclosed this during the stakeholders meeting in Owerri, the state capital.

    According to him, no operator would be allowed to operate in the state without permit from January, 2021.

    He said that the board would commence the process of harmonization of all fees and collectors from government agencies.

    Read Also: Tragedy as gunmen kill siblings in Imo

    He urged the operators to work in synergy with the board to achieve the government’s objectives of putting in place a proper regulatory framework, resolving the challenges in the industry faced by operators, harmonization of schedule of fees and payment among others.

    He advised the operators to ensure that all payments for permits, taxes and other fees were made through state’s Treasurer Single Accounts.

    Nwaobia said the board has commenced a restructuring of its operations that will lead to a transition from analog to a hybrid digital regulatory framework.

     

  • COVID-19: FG orders closure of bars, night clubs, pubs, event centres

    COVID-19: FG orders closure of bars, night clubs, pubs, event centres

    Bolaji Ogundele Abuja

     

    President Muhammadu Buhari has authorised the return of most of the initial restrictions imposed earlier in the year for the prevention of the spread of the Novel Coronavirus (COVID-19).

    Among the re-introduced restrictions and regulations are closure of most public places and social events, including religious, occupational and recreational activities.

    Chairman of the Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, disclosed these during the task force’s media briefing in Abuja on Monday.

    Mustapha explained that President Buhari had directed state governments, including the Federal Capital Territory (FCT), to immediately assume responsibility for the enforcement of the re-introduced restrictions and measures.

    As part of the efforts to curtail further spread of the disease and prevention of the new strain surfacing in other parts of the world into Nigeria, the SGF said international travels, both into and from the country, are being considered.

    Giving specific actions that President Buhari had authorised in the fight to keep the spread of the second wave down, he said the restrictions, which would affect travelling, holding social events like parties and religious events and many more, would past for five weeks in the first instance.

    “The PTF has surveyed developments and actions taken by governments around the world, assessed our domestic environment and has accordingly submitted its recommendations to Mr. President on immediate measures to be taken.

    “Accordingly, His Excellency, Muhammadu Buhari, President of the Federal Republic of Nigeria has authorised the PTF to engage with the States and the FCT to assume full ownership of this stage of the response by deploying legal structures and resources, including enforcement to manage the pandemic within their jurisdictions:

    “In line with the authorisation, the PTF wishes to issue the following advisories to sub-national entities for implementation over the next five weeks because these activities are considered super spreader events:

    “Close All bars, night clubs, pubs and event centres, and recreational venues;

    • Close all restaurants except those providing services to hotel residents; takeaways, home deliveries and drive-ins shall remain closed; Restrict all informal and formal festivity events including weddings, conferences, congresses, office parties, concerts, seminars, sporting activities, end of year events shall be restricted to not more than 50 persons;

    “Limit All gatherings linked to religious events to less than 50% capacity of the facility of use during which physical distancing; mandatory use of face masks shall be strictly enforced; Where more than 50 persons are attending, any such events, the gathering should be held outdoors only;

    “Public transportation systems are to carry passengers not more than 50% of their capacity in compliance with social distancing rules. Enforce compliance with NPI protocols especially the advisory on wearing of face masks in public spaces;

    “To reduce overcrowding in public spaces, markets, shopping centres, offices and schools States are advised to implement the following: Encourage virtual meetings in government Offices. The leadership of such offices are to ensure that all offices are well-ventilated offices, and encourage staff to work from home where possible;

    “All government staff on GL.12 and below are to stay at home for the next 5 weeks; Permanent Secretaries and Chief Executives are to be held accountable for enforcing NPI rules in their domains with frequent spot checks;

    “The PTF on the advice of the Federal Ministry of Education, expects that schools would have vacated from the 18th December 2020 and remain closed till at least the 18th of January, 2021 to enable the measures introduced to take effect;

    “All persons above the age of 60yrs and/or with comorbidities are to be encouraged to stay at home and avoid crowds; All non-essential travels – both domestic and international during the holiday season are seriously discouraged;

    “To strengthen risk communication and community engagement activities over the next 5 weeks, States are encouraged to; Engage community and religious leaders, arrange town hall meetings (ideally set outdoors) to address concerns;

    “Intensify public messaging activities, leveraging on existing government and partner assets; Reach out to youths and younger adults with health promotion activities; Invest in local face mask purchase and distribution to the general public to encourage use,” he said.

    He said further that besides the enforcement instruction issued to the states and the FCT by the President, the PTF would also, in necessary circumstances, play roles to ensure the measures are complied with.

    “Where applicable, the PTF shall also implement these authorisations. For example, it shall work with the Nigeria Immigration Service to impose sanctions on all in-bound travellers who violated the travel protocols and endangered the lives of their loved ones and other citizens by refusing to take the post-arrival test.

    Read Also: COVID-19: A second wave

    “The PTF will similarly work with the Head of the Civil Service of the Federation to implement aspects related to the Public Service,” he added.

    Speaking specifically to the issue of international travels, he said “a lot of discussion is still going on around the calls for the restriction of international travels due to the discovery of new strains of the virus in certain countries.

    “The PTF, Aviation and health authorities including the WHO are assessing the situation closely and would take a position as soon as cogent scientific basis are established. The protection of Nigerians remains our primary concern and we reassure Nigerians of our resolve not to relent.

    “Tomorrow, Tuesday 22nd December, 2020 at 3.00pm, the PTF shall be submitting its end of year (2020) Report to Mr. President and Nigerians shall be kept abreast of developments in this regard,” he said.

    Observing the recent developments around the COVID-19 phenomenon in the country and the continued response efforts attending it, Mustapha pointed out that, among other reasons, the refusal of Nigerians to heed instructions issued by the PTF, especially the non-pharmaceutical interventions had given vent to the rise and spread of the second wave of the virus.

    “The result of the analysis carried out by the PTF further indicate that the current pattern of spread, and the surge is likely to be driven by the following factors:

    • The lack of compliance with non-pharmaceutical interventions – particularly the disregard for mask use in public, large gatherings as a result of events linked to the yuletide season and recent civil demonstrations.

    “Further disregard for other public health preventive measures, such as hand hygiene and physical distance requirements; The activities and assumptions of our youthful population which has resulted in an increase in the infection rate among young people, who are subsequently infecting older and more vulnerable family members.

    “From our assessment, the current situation are clearly the consequences of certain occurrences and events of the last few weeks. These include sudden increase in social gatherings involving large congregations from different parts of the country, and the world, at events such as weddings, religious activities, political rallies, conferences and end of year celebrations;

    “These events, classified globally as ‘supers-spreader events’, make the risk of a single infection causing a large outbreak among attendees significantly higher;

    “Furthermore, as we reopened the economy, we experienced increased economic, social and religious gatherings and activities all of which have combined to play a part in viral transmissions. These include:

    a) The opening of the international airspace in September 2020 – While the average number of daily imported infections into the country in the last 90 days is estimated to be about 7 cases, compared to 100-150 reported new infections in the community since the beginning of community transmission, the test positivity rate in travellers arriving Lagos has recently doubled to 6.3%;

    “The resumption of schools – outbreaks have been reported in schools following the resumption of physical classes; The resumption of NYSC orientation camps – this risk has been mitigated by ensuring that all NYSC members were screened for COVID-19 prior to admission to camp, but confirmed cases have still been identified through tests carried out;

    “The full opening of offices with the return to work of government workers from GL. 12 and below – outbreaks have also been reported in public offices, most likely linked to overcrowding, poor ventilation and the lack of compliance with non-pharmaceutical interventions; and the opening of the economy with progressive relaxation of restrictions in congregational areas such as places of worship, restaurants, bars, lounges, shopping and event centres,” he said.

     

  • Pandemic, recession and inflation: What’s next?

    Pandemic, recession and inflation: What’s next?

    By Timi Olubiyi

    It is no news that many economies including Nigeria are currently in recession. In reality the year 2020 has been eventful, chiefly with the novel coronavirus (COVID-19) pandemic. Its impact has continued to have a severe impact on businesses, households, and economies globally and one of its consequences is inflation. Even though inflation is a concept that affects all of us; but most importantly high inflation could be hostile to economy and business especially the micro, small and medium enterprises (MSMEs). With persistent inflation, businesses and households usually perform poorly, and expectedly more money is paid for the same goods and services. This has been the troubling trend in Nigeria, where high price increases have been recorded in transportation, food cost, household needs, raw materials, pharmaceutical products, motor cars, vehicle spare parts, equipment, and in prices of services amongst others. Admittedly, inflation erodes our value of money and also erodes the purchasing power of all of us.

    The consequences and impact of inflation (price instability) in Nigerian cannot be over-emphasized. Key amongst the consequences of inflationary pressure is the persistent decrease in the purchasing power of citizenries especially at a time when the economy is in recession and pandemic is ravaging.

    Inflation is simply defined as a persistent rise in the general price level of the broad spectrum of goods and services in a country over a long period. Largely, when prices of energy, food, commodities, goods, and services go up, it hurts all of us. The persistent rise in the inflation rate in the country can easily erode the value of the naira and also cause increasing price instability and this portends a concern. A major driver of Nigeria’s headline inflation has been the consistent rise in food cost. Agreeably, the inflation rate is determined by calculating the percentage change in a price index such as consumer price index (CPI), wholesale price index (WPI), producer price index (PPI), etc) in an economy. The commonly use metric is the Consumer Price Index (CPI) which measures the change in income a consumer needs to maintain the same standard of living over time. That is, the CPI is an economic measure that tracks changes in the cost of living over time. It is a more acceptable means of measure of inflation or price movements.

    Therefore, because CPI is available on a more frequent basis, it is mostly in use for monetary policy purposes even by the Central Bank of Nigeria (CBN). The Nigerian data on CPI in recent years was used to examine the level of the inflation rate. The data from the National Bureau of Statistics (NBS) reveals that the headline inflation rate for 2018 was 12.09%, a 4.43% decline from 2017 from an inflation rate of 16.52%. The inflation rate for 2016 was 15.68% and the inflation rate for 2015 was 9.01%. The annual inflation rate in Nigeria rose for the 15-straight month to 14.89% in November from 14.23% in October meanwhile as against 13.71% recorded in September. With this metric, the current rate is the highest recorded in the country since March 2018.

    Noticeably, in a study on inflation in Nigeria using panel-data models by Sani Ibrahim Doguwa of Ahmadu Bello University, Zaria Kaduna State finds a threshold inflation level of 12 percent applicable to Nigeria. This threshold implies that below the level, inflation has a mild effect on economic activities; while above it, the magnitude of the negative effect of inflation on growth is very high. Consequently, from the National Bureau of Statistics (NBS) data, Nigeria has experienced high volatility in inflation rates in recent times and the continuous rise above the threshold level of 12% is a cause for apprehension. The sharp increase in the inflation rate, lull in economic activities and the economic recession could be attributable in specific terms to the increase in Value Added Tax (VAT) rate, increasing public debt, volatility in the price of crude oil, and the multifaceted COVID-19 consequences effects of government policies, COVID-19, external shocks, insecurity in the northern part of the country and public debt amongst others. The novel coronavirus (COVID-19) pandemic has negatively affected the global economy and most especially in Nigeria. It has significantly affected industrial output, the fortune of businesses especially MSMEs. It is also causing a decline in economic activities with an attendant shrink in GDP.

    Furthermore, COVID-19 has caused severe shortages in the supply of goods and services across borders, due to series of restrictions and this has necessitated depressing foreign earnings for Nigeria and also impacted negatively on economic growth and the fortune of businesses particularly MSMEs. So far, we have seen the inflation rate rise from month on month (MoM) in the year 2020. The 14.89% in November was the highest inflation rate since April of 2018 which is over a two-year high and is a cause for concern.

    Significantly, history and literature present some other factors adduced to the unsustainable business and economic growth in Nigeria apart from the high inflation rate, recession, and impact of COVID-19 to include: the insecurity in the northern part of the country, rising foreign and domestic debt, currency exchange rate volatility, propensity to consume more and save less, decrepit infrastructure and poor policy implications, among others. Regrettably, these issues can further compound and manifest in areas we already have deficit as a nation, staggering unemployment, a rise in the cost of living, bleak business continuity, poverty level increase, illiteracy, crime, and terrorism. Another big issue is the country’s economy over-reliance on crude oil production revenue.

    Based on the aforementioned and from the inflationary perspective, to achieve adequate price stability in the country, the government needs to reduce budget deficit, adopt significant structural policy reforms with monetary and fiscal policies. This will help to maintain stronger growth rates in terms of improved Gross Domestic Product (GDP) and to stabilize the tide of inflationary pressures on the economy and in business operations. It is advocated that political leaders should minimize avoidable public spending, address insufficient infrastructure, and build strong and effective institutions. The massive growth and developmental challenges of the country can improve by also promoting the human and SME ecosystem. The SME sector can play a major role in the economic growth of the country through the distribution of wealth, poverty reduction, and job creation. The sector is labour-intensive and can provide a reasonable reduction in the unemployment rate in the country but the government needs to provide an adequate enabling environment and support for the sector to strive.

    Considerably, institutions, businesses, and individuals have the opportunity to beat inflation by accelerating the preservation of capital and strengthening purchasing power with income addition. This can be done by acquiring investments particularly assets such as real estate because they usually keep up with inflation. Remember N100,000 today will not acquire the same value of goods and services in 10 years mainly due to inflation. Therefore, investing is key to hedge against a sharp inflation impact because it erodes the value of savings if funds are just left in the bank accounts.

    • Dr. Olubiyi is an Entrepreneurship & Business Management expert.

  • PDP cautions Reps over alleged ‘threats’ to member

    PDP cautions Reps over alleged ‘threats’ to member

    Gbade Ogunwale, Abuja

    The Peoples Democratic Party (PDP) has cautioned the leadership of the House of Representatives for allegedly threatening the PDP Caucus leader, Hon. Kingsley Chinda, for making a “legitimate, valid and patriotic call” for the impeachment of President Muhammadu Buhari over the president’s failure to secure the nation.

    Chinda had repeatedly called for Buhari’s impeachment, a call the PDP said was constitutional.

    In a statement on Monday by the spokesman for the PDP, Kola Ologbondiyan, the said the call for the President’s impeachment represented the opinion of its caucus, the party, as well as the generality of Nigerians, including those who “have fallen victim to President Buhari’s ineptitude to secure our nation”.

    The opposition party  maintained that the alleged threat to Rep Chinda was a direct signal that the current leadership of the House of Representatives is not on the side of the people but has been cowed to relinquish its statutory legislative powers for selfish reasons.

    The PDP said: “It is indeed shameful that the leadership of the House of Representative has reduced itself to the mouthpiece of the Buhari Presidency whose duty it is to make wishful allegations against Hon. Chinda.

    “It is disgraceful for the House of Representatives to blame its own members for the blunt refusal of Mr. President’s to honor a statutory invitation by Nigerians through their elected representatives to address them on the heightened insecurity across our nation under his watch.

    “If the claims by the House leadership that President Buhari failed to honour the invitation because Hon. Chinda called for his impeachment is really the case, then the nation indeed lacks a leader worth his billing.

    Read Also: PDP wins Abia council polls

    “This is because instead of stopping President Buhari, Chinda’s call ought to have spurred him to appear before the House and explain to Nigerians why killings, kidnapping and other acts of terrorism and banditry had escalated under his watch.

    “If indeed, Mr. President could be scared from the National Assembly just because  Hon. Chinda called for his impeachment, how then would he muster the courage to combat terrorists, bandits and kidnappers.

    “Our party holds that the  claim by the House leadership thus vindicates Hon. Chinda and validates the call for Mr. President’s impeachment.”

    The party charged the leadership of the House to retrace its steps and redeem its image by rescheduling Mr. President to appear before the it, instead of giving lame excuses.

     

  • Court reinstates 32 Ekiti varsity workers

    Court reinstates 32 Ekiti varsity workers

    Rasaq Ibrahim, Ado-Ekiti

     

    THE National Industrial Court sitting in Akure, Ondo State, has reinstated 32 technologists out of over 900 workers disengaged by the Ekiti State University, Ado-Ekiti (EKSU), last December.

    The management on December 5, 2019 disengaged over 900 of its workforce for alleged certificate forgery, irregular appointment, overage, among other allegations that contravened its conditions of service.

    In a suit, 32 technologists of the sacked workers dragged EKSU, EKSU Governing Council and EKSU Vice Chancellor (first to third defendants) to the Industrial Court to seek redress.

    They asked the court to determine whether their employment with EKSU enjoyed statutory protection and whether their disengagement was compatible with their status of employment, which enjoyed statutory flavour.

    Among others, they sought a declaration of the court that their disengagement as workers of EKSU “in the manner it was done was unlawful, irregular, illegal and therefore null and void and of no effect.

    Read Also: Court remands Delta council boss

    “An order for the restoration and reinstatement of the claimants to their offices without loss of salaries, promotions, emoluments and other allowances due to them as workers of the first respondent (EKSU).

    “Payment of the claimants’ three months salaries, emoluments and other allowances owed them before the purported and unlawful disengagement.”

    But counsel to the university prayed the court not to grant the request of the 32 technologists, saying they had not been able to establish in the case that their appointments with EKSU were unlawfully determined.

    After listening to the submission of the claimants’ and defence’s counsel, the presiding judge, Justice K. D. Damulak, declared the termination of the workers’ appointment as “unlawful, null and void.”

     

  • BREAKING: Olu of Warri dies

    BREAKING: Olu of Warri dies

    Our Reporter

     

    The Olu of Warri, Ogiame Ikenwoli is dead.

    The monarch died on Monday.

    Sources said  his health  had deteriorated on Sunday evening.

     

    Details shortly….