Tag: Ahmad

  • Why always post-mortem?

    Why always post-mortem?

    • Government has to take proactive measures to prevent stealing of public funds

    For the umpteenth time, Nigerians are confronted with allegations of fraudulent activities against top officials of yet another public agency; the Rural Electrification Agency (REA). As with other known such allegations, we are talking about billions of naira lost or misapplied. Even as the Economic and Financial Crimes Commission (EFCC) is still trying to unravel the full story of the alleged frauds in REA, we are confronted with another suspected fraud or misapplication of public funds in the Federal Ministry of Health and Social Welfare.

    Already, the anti-graft commission is beaming its searchlight on the REA. It said it has traced 27 accounts to REA’s managing director, Ahmad Salihijo Ahmad, whereas he only declared two accounts to the Code of Conduct Bureau (CCB). Ahmad is now suspended.

    The commission is also investigating N12.4billion COVID 19 funds, which were disbursed to the agency in two tranches. It suspected about N6bn of it has been diverted.

    What however triggered Ahmad’s suspension was about N1.2billion that was wired by him into the accounts of eight members of the staff of the agency.

    Read Also: Power sector worse off 12 years after privatisation – NLC

    With regard to the Federal Ministry of Health, the House of Representatives Committee on Anti-Malaria, HIV/AIDS and Tuberculosis gave the minister, Prof. Mohammed Ali Pate, and the permanent secretary, Daju Kachollom, 72 hours to appear before it, to explain the alleged misappropriation of $300 million meant for the funding of malaria since 2021.

    Chairman of the committee, Amobi Godwin Ogah, is unhappy that the permanent secretary had shunned three previous invitations and threatened to have her arrested if she failed to appear before the committee this time around. “Malaria is now an epidemic in Nigeria. The government has always wanted to help the people, but most times the civil servants are our problem. This money has been made available since 2021. We have been inviting the permanent secretary. This is the third time we are inviting her to come and explain to us what has happened’’, Ogah said.

    It is sad that the country is always having these sorts of nasty experiences from public institutions saddled with ameliorating the sufferings of Nigerians. REA was set up with the noble objective of providing rural dwellers with stable electricity supply. This is laudable because it comes with a lot of advantages. If rural dwellers have stable and cheap power supply, the motivation for urban migration would have been curtailed, with the possibility of even development across the country.

    Now, that noble objective is being threatened with stories of alleged fraud against top officials of the agency.

    Similarly, malaria is a major killer in Africa and the Federal Government has been making serious efforts to get rid of it before 2030. But, how does that materialise when we are not having accountability for monies voted for its eradication? How do we achieve that when, rather than account for how they spent allocations for it, those responsible for the management of the funds resort to asking people to talk to the committee asking questions on the misappropriated funds? Ogah asked: “Have they used the money? If they have not used the money, where is the money? It is a matter of simple explanation. But they have been running away, calling all manner of people to talk to us.’’

    This is disheartening. But more worrisome is the fact that the government is always doing post-mortem on financial matters; that is, moving into action after public funds had been stolen or misapplied. This is not good enough.

    We need structures in place that would make it difficult for public officials to have unhindered access to huge public funds such that we would be talking of billions of naira stolen or suspected to have been stolen or misappropriated only after the money had left the government’s purse. What are the accounts sections doing? What are the auditors doing?

    We urge Mr Ogah and his committee members as well as the EFCC to do their work of following the money, with a view to getting back for the government its stolen funds. Where frauds are detected, the concerned officials should be prosecuted to serve as warning that public funds are not to be tampered with.     

  • Saraki, Ahmad, Sulu-Gambari worship with Muslims in llorin

    The Senate President Dr Bukola Saraki, the Speaker of the Kwara House of Assembly, Dr Ali Ahmad and the Emir of Ilorin Alhaji lbrahim Sulu-Gambari were among the dignitaries and thousands of Muslim faithful, who performed the two rakaat prayers commemorating Eid el-Kabir in llorin on Tuesday.

    The News Agency of Nigeria  reports that the prayer which lasted less than ten minutes, amidst tight security, was led by the Chief lmam of llorin, Alhaji Abdullahi AbdulHameed.

    The Chief Imam immediately after the prayer slaughtered a ram at the Eid praying ground and urged other Muslim faithful, of sufficient means, to do the same in their homes.

    The chief Imam urged Muslims to use the Sallah to show love, harmony and peaceful co-existence with one another, irrespective of ethnic or religious affiliations.

    According to him, Eid-el Kabir is not for drinking and eating alone, but to appreciate Allah.

    Read Also: Peace remains most critical need – Ishaku

    Abdul-Hameed urged Muslims to always be good ambassadors of their religion and use their wealth to further propagate Islam.

    The Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari called on Nigerians to uphold the significance of Eid-el Kabir, such as total trust and obedience to God, to accelerate the pace of economic recovery.

    The monarch charged Muslims to sustain the relative peace and harmony the state is known for at all times and be security conscious at all times.

    The Emir said the lnternational Durbar of the llorin Emirate slated for Wednesday in llorin, , is to strengthen unity and love amongst the people of the emirate and the state in general.

    Sulu-Gambari urged the people of the state to come out en masse to grace the occasion and be law abiding before, during and after the celebration.

    The Emir also prayed for the safe return of Nigerian pilgrims performing 2018 Hajj in Holy land.

  • First task is to audit Caf —Ahmad

    First task is to audit Caf —Ahmad

    Newly-appointed Confederation of African Football (Caf) president Ahmad Ahmad says his first act will be to conduct an audit of the body.
    The Malagasy dethroned long-term Caf president Issa Hayatou on Thursday, winning the Ethiopia-based elections by 34 votes to 20.
    “I will go to Caf headquarters and look inside this house – after that, I audit,” Ahmad told BBC Sport.
    “It’s not a suspicion but it’s management now – an obligation.”
    He added: “When (we) finish the managerial and financial audit, I will call the press to talk about the guide that we can follow. Step-by-step, that is our obligation.”
    Ahmad, who was little known prior to announcing his candidacy in January, was elected on a campaign of wide-ranging reforms.
    Chief among them were pledges to bring greater governance and transparency to Caf while also promising to work on the African game from the grassroots up.
    Ahmad was so emotional after his victory that he struggled to speak when interviewed by BBC Sport minutes after his victory.
    The 57-year-old says he has still to recover from what many are calling a seismic change in the leadership of Caf, following Hayatou’s 29-year reign.
    “The shock is leaving but my body is tired,” Ahmad said after what was a gruelling campaign.
    The former footballer and coach – and current political senator in Madagascar – is scheduled to rule Caf until 2021.

  • Ahmad battles Hayatou for CAF Presidency

    Ahmad battles Hayatou for CAF Presidency

    •Madagascar FA Chief promises Change
    •Sure of Nigeria, Cosafa votes

    The city of Addis Ababa, capital of Ethiopia is the venue for what appears a titanic battle for the presidency of African football today, as incumbent Issa Hayatou from Cameroon slugs it out with Malagasy football administrator Ahmad Ahmad.

    Never since he ascended the throne 29 years ago has the former Cameroonian athlete and basketball player been faced with a credible challenge to his presidency, with prospective candidates for the seat in the past either developing cold feet at the eleventh hour or summarily disqualified by clever amendments to the Statutes.

    Hayatou mounted the throne at the age of 41, after a campaign hinged on the need for a new vigour and spirit at the top of CAF, and the promise of a new direction offered by youth and vibrancy.

    Today, he will be going for an eighth term in office, which will all amount to 33 years in office by 2021 – a term at headship of international sport equalled only by the inimitable Jules Rimet, who was President of FIFA between 1921 and 1954.

    Delegates from all over the African continent, including the 53 persons who will cast their votes for either sustenance of the status quo or for change and new thinking, started pouring into the Ethiopian capital on Sunday. Of the 54 Member Associations of CAF, only the delegation from Eritrea (people from that country cannot enter Ethiopia, for political reasons) is not expected in Addis Ababa.

    Nigeria’s delegation, including NFF President Amaju Pinnick who will vote today and also contest for a seat on the CAF Executive Committee, started arriving on Monday, and also includes NFF Vice Presidents Seyi Akinwunmi and Shehu Dikko, NFF Executive Committee member Ibrahim Musa Gusau and the General Secretary, Mohammed Sanusi.

    Of the two candidates for the presidency, only Ahmad travelled to Nigeria to solicit for support, and was warmly received by Nigeria’s number three man, Senate President Bukola Saraki and Sports Minister Solomon Dalung.

    Ahmad is the first to have received expressions of support from among CAF member countries, including the grouping of 14 southern African countries (Cosafa) and Nigeria. The Madagascar Football Federation president said he was confident of support, even though only Cosafa and Nigeria have so far gone public. “Others won’t say it publicly. I know that and I respect their position.”

    Also of interest to African football followers is the contest between FIFA Council member Lydia Nsekera (Burundi) and Isha Johansen (Sierra Leone) for the only female seat on the CAF Executive Committee.

    In the Southern zone, respected South African administrator Danny Jordaan (chief organizer of the 2010 FIFA World Cup) will slug it out with incumbent 1st Vice President Suketu Patel (Seychelles), Rui Eduardo da Costa (Angola) and Frans Mbidi (Namibia) for two seats.

  • It’s time for Change in CAF Exco-Ahmad

    It’s time for Change in CAF Exco-Ahmad

    • Says Nigeria’s support is key to his ambition
    • Pays courtesy visits to Saraki, NFF
    • Jets out last night to Morocco

    Ahmad Ahmad, the head of Madagascar’s Football Association paid a courtesy visit to the Nigeria Football Federation (NFF) and the President of Senate Senator Bukola Saraki in Abuja yesterday to solicit for support in his ambition to challenge long-standing Confederation of African Football (Caf) President Issa Hayatou in March 16 presidential elections.

    Ahmad, 57-year-old football administrator and a Deputy Senate President of Madagascar who is also a Caf Executive Committee member, told the Nigerian media in Abuja at the League Management Company’s (LMC) office that Nigeria’s backing with other two prominent African countries South Africa and Egypt is the pivotal for being optimistic that he would eventually edge out the incumbent Hayatou from the position.

    “I am in Nigeria to thank the Federal Government of Nigeria for throwing its weight behind me. Nigeria support to me is very huge and inspirational for me to win the election. Nigeria is a very big country and very experienced in African football. I consider it very important to visit these three power blocs: Nigeria, South Africa and Egypt to solidify my campaign for the election.

    “Nigeria is so important because of the rich talents the country has and administrative expertise too. Nigeria has a pedigree and achievements in the game in the continent and in the international competitions which is very important for any aspiring candidate to get her support which I am happy I have.

    “I am confident of beating the incumbent because I have been discussing with other African nations and we have all agreed that this is the time to effect a change in other to move the game forward in the continent and in the world too,” Ahmad disclosed in not too fluent English language.

    Before visiting the LMC office to chat with the Nigerian media, he had already paid a courtesy visit to the leadership of the Nigeria Football Federation at their Wuse Zone 7 Abuja office. He then paid another courtesy visit to the Senate President Bukola Saraki.

    Ahmad left Nigeria yesterday for Morocco to continue his campaign.

    Hayatou, who has ruled the African game since 1988, is seeking an eighth term.

  • Ex-PENCOM CEO Ahmad joins FBN Holdings’ Board

    FBN Holdings Plc., the leading and most diversified financial services group in Nigeria, has announced the appointment of Mr. Muhammad K. Ahmad as a Non-Executive Director.

    He is a seasoned public sector executive with over 35 years experience spanning the public sector and the financial services industry.

    He served as the pioneer Director- General and Chief Executive Officer of the National Pension Commission (PENCOM), who oversaw the growth of the pension industry in Nigeria from ground zero to a N4.7 trillion Asset Under Management industry.

    He was also a pioneer staff member of the Nigeria Deposit Insurance Company (NDIC), where he rose to become a Director. He has served on the Board of various companies and committees, including banks and not-for-profit organisations.

    In a statement, the firm said the appointment, apart from deepening the already rich cumulative experience of the Board, is also in compliance with the Central Bank of Nigeria’s (CBN’s) Guidelines for Licensing and Regulations of Holding Companies in Nigeria, which require that the aggregate number of directors from the subsidiaries and associates should not exceed 30 per cent of the membership of directors of the financial holding company.

    The appointment, subject to CBN approval, brings the number of directors of the Holding Company to 10.

     

     

  • Only 5.4m workers are registered for pension, says Ahmad

    With a workforce of 40million, only 5.4 million and registered under the National Pension Scheme, former Director-General of the National Pension Commission (NPC) Mohammed Ahmad has said.

    He said there were to pension assets stand at about N3 trillion.

    The commission, he said, was working to ensure that small employers in the private sector embraced the scheme, adding that getting such employers, inadequate education and enlightenment remained a great challenge to the industry’s growth.

    He noted that to encourage more people to embrace the scheme, the commission hopes to introduce customers service index, which would ensure that customers get better services from PenCom and operators.

    Ahmad said the commission has continued with its regulatory and supervisory philosophy, which is risk-based and consultative, adding that investment regulation that would allow multiple fund is being reviewed.

    He said the Retirement Savings Account (RSA) transfer clearing system application that would be used to coordinate the processes relating to the transfer of retirement savings accounts is being developed and tested to ensure that it meets the capacity and robustness required.

    “As part of the implementation of the opening the transfer window, the Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), who are key stakeholders on the pensions industry, would participate in the various workshops geared towards ensuring their full understanding and participation in the transfer process, before the window opens.

    Ahmad noted that the commission would collaborate with state governments in the scheme in the states.