Tag: Nigerian Newspapers

  • Between Makinde and Ihedioha

    Events in Oyo and Imo since after the elections, recommend the two states to some form of comparison. They have a lot in common in terms of shared characteristics especially since the new governors mounted the saddle of leadership. But they also have their distinctiveness.

    These will come handy in understanding the nature and character of current dispute between governors Seyi Makinde; his predecessor Abiola Ajimobi on the one hand, Emeka Ihedioha and Rochas Okorocha on the other. One significant thing though, is the similarity they share as the two states in the southern part of the country the ruling party, the All Progressives Congress APC lost to the opposition Peoples Democratic Party PDP in the last governorship elections.

    Both states share this similarity. And events since the swearing-in of the two governors seem also to be following the same pattern. But there are sharp departures also. Why are events in the two states seemingly following the same predictable pattern? Is there anything in the style of governance of the two states or the personalities of their former helmsmen that predispose them to the altercations and rancour they have been embroiled in since the change of leadership? Or can it be said as Okorocha has alleged that his current predicament is motivated by witch-hunt or vendetta because he is of the APC stock even when he is still on suspension by that party?

    To resolve these posers, it is vital to identify the issues in contention. What are they? Before we go into them, it is apposite to point out that Oyo and Imo states are by no means the only states in the country where the opposition wrestled power from the ruling party. Neither was such change of baton only to the advantage of the opposition as the ruling party equally benefited from it. So looking at the recriminations between the two governors and their predecessors from this prism could obfuscate the salient and more serious issues of governance that are at the root of the matter.

    Now the issues! Both governors had complained of arbitrary actions and looting of government property in the last days of their respective regimes. We shall look at specific cases of alleged infractions and how the new governors went about them.

    The direction of Makinde’s line of action was set when he declared, “all transactions either contractual or in terms of appointments and promotions between March 11, and May 28, 2019 would be given closer scrutiny particularly because of the obvious mischief that had been introduced into governance within the period”. The period under review falls within the time a new governor had already been declared following the outcome of the last elections.

    In specific terms, there were allegations of last minute promotions and appointments into the states civil service. There was the hurried elevation of about 15 permanent secretaries with scant regard to extant regulations; allegations of looting of government property especially vehicles by officials of Ajimobi’s regime. There were issues also with a plethora of last minute spending and refusal by the Ajimobi regime to cooperate with the transition committee set up by his successor. These were viewed as deliberate attempts to strew thorns on the path to the effective take off of the new regime.

    How did the governor go about tackling them? He did not waste time in reversing some of these promotions including the appointment of permanent secretaries on the eve of the departure of the last regime. Makinde also empanelled a committee on the recovery of assets and properties illegally taken away by officials of the previous government.

    This saw the governor and his predecessor in a diatribe on the propriety of the claims that government properties and cars were looted without regard to extant regulations. Ajimobi had described the allegation as a minor issue claiming that his aides paid for the vehicles they took away in keeping with subsisting understanding. But Makinde countered that they are concerned with only official vehicles carted away without legal instruments.

    The government said most of the vehicles carted away illegally are new and in good working conditions. And they had no issue with vehicles boarded and paid for by officials of the last government. The government has therefore vowed to retrieve all such vehicles and properties. There are also issues bordering on poorly executed contracts and abandoned road projects. These are the issues in contention and have more to do with probity and accountability in public offices.

    And what do we find in Imo State? Okorocha and his aides were not only accused of mindless looting of sundry government property but the clinical manner it was executed was legendary. Overnight, every household item in the government house quickly developed wings and fled as if an army of occupation had just evacuated. Government properties in some other establishments especially conference centres suffered the same fate.

    Okorocha also initiated actions in several fronts in his last days in office to constrain the in-coming government. It was a bazaar of promotions and illegal employments as cronies, relations and accomplishes were given accelerated promotions with some of the letters of appointment back-dated. The former governor was to emerge one afternoon to announce the establishment of six new universities, four polytechnics and two colleges of education on the eve of his departure. Not done, he also proceeded to announce appointments into the commanding heights of those institutions.

    Boards of statutory bodies, agencies and departments were also curiously constituted on the eve of his exit even when he showed strong aversion to these when he held way. When you pair these with his refusal to cooperate with the transition committee set up by his predecessor, what you find is a deliberate attempt to lay landmines against the effective take-off of the new regime. The reasons Okorocha went into frenzy when he realized he was living on borrowed time are not hard to fathom. For a man that had run the government as family estate courting the unenviable record of publicly showing strong aversion to due process, it was not surprising that he saw any attempt to hold him accountable for his actions as an act of vendetta and witch-hunting.

    Besides, his scant regard for due process, gave rise to indiscriminate award of contracts such that the Council for the Registration of Engineering Practice in Nigeria COREN warned that bridges being constructed by Okorocha were “accidents waiting to happen as they had no engineering designs”. Before then, it had become an open fact the roads constructed by that government had earned the sobriquet ‘China roads’- a mark of sub-standard execution.

    Ihedioha like Makinde set up a taskforce to retrieve all stolen government vehicles and properties. He also commissioned integrity tests on those bridges and flyovers suspected to be death traps. Their findings have been quite revealing of the mindless looting and sub-standard projects that hallmarked that regime. The governor also set up a high-powered committee on the six phoney universities and other tertiary institutions. A committee is to investigate the funds of the 27 local governments in the last eight years even as a judicial commission of inquiry into land matters from 2006 to 2019 has been empanelled. Ihedioha also reversed some of the illegal appointments and promotions done in the last days of the Okorocha regime.

    All these have not gone down well with Okorocha and he has bandied allegations of attempts to discredit him. Of recent, he alleged the measures were against the APC and President Buhari just to curry sympathy and cover up the mess he left behind. But the same man had before now alleged that the APC was conniving with the EFCC to arrest him when he leaves office. He had even gone to court to stop such arrest. And since he left office, many properties traceable to him and his family have been sealed by the EFCC.

    Okorocha has serious issues with Imo people. He has issues with the EFCC; he is haunted by his scant regard for due process and rule of law. He is being called upon to justify his actions. He must rise to that challenge, take his destiny in hands and desist from blaming phantom enemies for self-inflicted injury. His fate is not different from those of his former colleagues who saw governance as family estate.

  • Ekiti woos investors with ease of doing business

    Ekiti State has started the implementation of policies and legislations that would create conducive environment for investors and forge a strong alliance between the government and the private sector.

    Governor Kayode Fayemi, said the state was working to become one of the top three states in ease of doing business in Nigeria through implementation of relevant policies, incentives and legislations to support the growth of the private sector.

    Fayemi spoke during the presentation of “Facts Behind the State Economy” at the weekend at the Nigerian Stock Exchange (NSE) in Lagos. Fayemi, who doubles as Chairman, Nigerian Governors Forum (NGF) was honoured with the ceremonial beating of the closing gong for the stock market.

    He noted that Ekiti State that used to be number four before he left office in 2014 had moved to number 32, assuring investors that his administration is working hard to bring it back to a top three position through creation of a conducive environment for investors and businesses.

    “We have also passed the Law establishing the Ekiti State Development and Investment Promotion Agency (EKDIPA).  Once the agency commences full operations, it will drive our Ease of Doing Business reforms, and provide investors with a one-stop shop to deal with investment related matters,” Fayemi said.

    According to him, Ekiti State’s focus on agriculture, especially through such initiatives such as Special Agric Processing Zone (SAPZ), would not only improve the productivity of farmers, but also provide the infrastructure required for processing activities.

    He said the state would at the appropriate time, seek investors for some of its existing assets as well as several Greenfield opportunities.

    He pointed out that the state’s tourism assets also provide significant investment opportunities.

    He added that the state’s economic and investment drives would be complemented by a clear strategy on attracting business, recreational, medical and wellness tourists to Ekiti State.

    He noted that investors have started to appreciate the business-friendly disposition of his administration.

    “Already, the market is responding to our approach, and we expect to close a partnership on the currently unutilised Ikun Dairy Farm, with a leading dairy company in Nigeria soon. Our belief is that Ekiti is ready for more of such investments, and we are available to answer questions on the investment opportunities that exist,” Fayemi said.

    He pointed out that Ekiti State has a long history of partnership with the NSE, noting that the bond raised by the state had been fully repaid while assuring that the state would continue to partner with the Exchange to grow the economy.

    He urged investors to see Ekiti State as a destination of choice for investment.

    He said the security in the state has improved as the state was actively involved in inter-state collaboration with neighbouring states to get rid of criminals and bandits and end the menace of kidnapping.

    “We have renewed our focus on peace and security, which is the foundation of any economic development; and started investing in developing the infrastructure required to make Ekiti State a competitive destination for business,” Fayemi said.

    Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, commended the governor for his reform-minded leadership and grassroots development, which are positively impacting the lives of citizens of the state.

    According to him, Fayemi’s strategies towards revitalising the agricultural, manufacturing, mining, trade and tourism sectors, which together account for 75 per cent of the state’s gross domestic product (GDP) are commendable.

    He noted that the state had increased the proportion of capital spending in the 2019 budget to 44 per cent from 31 per cent in 2018; and channelled budgetary resources towards pro-growth projects including development of a land bank for the state, establishment of one-stop investment promotion centre and enterprise zone industrial clusters, widespread road constructions, electrification and information and communication technology infrastructure, rehabilitation of Fountain Hotels and commencement of Ekiti State Airport project among others.

    He assured the governor that the Exchange stands ready to support the growth aspirations of the state by providing access to capital and investments.

    “At the Nigerian Stock Exchange, we recognise that to build a sustainable economy for the estimated 3.5 million citizens of Ekiti State, supported by vibrant sectors, both state-owned and private sector enterprises will require access to right-sized capital. We have been longstanding partners with Ekiti State in accessing such capital,” Onyema said.

    He noted that during Fayemi’s previous term in office between 2010 and 2014, the Exchange supported the issuance and listing of the N20 billion Fixed Rate Infrastructure Development Bond, which financed a number of projects including the Ikogosi warm spring redevelopment, the Ekiti Water Works construction, as well as the refinancing of high-interest borrowings by the state.

    According to him, the Exchange is now more strategically positioned, having transformed into a multi-asset class exchange hub, to further support the developmental goals of Ekiti State in unlocking significant investment value through the listing of public utilities and state-owned enterprises, issuance of subnational bonds, as well as promoting the knowledge economy within the state in terms of public sector capacity building through its technology based learning management system – the NSE X-Academy.

    “We have also convened key players in our capital market ecosystem – our top dealing member firms and a cross-section of our listed companies – as a way of bringing interested parties closer to the investment prospects of vibrant state economy because we realise that the ambitions of the state and the capital market are inextricably linked,” Onyema said.

     

  • CBN’s report: AMCON N3.8tr Bonds mature 2023

    The Asset Management Corporation of Nigeria (AMCON) N3.8 trillion six-year Notes will mature in 2023, a report by the Central Bank of Nigeria (CBN) has shown.

    According to the CBN’s Annual Activity Report, the AMCON Bond was issued in December 2014 at six per cent interest rate and have remained outstanding as at last December.

    The bond, which were taken up by the CBN, were issued during a restructuring.

    AMCON, which is expected to wind down by 2021, is working hard to recover over N5 trillion debts owed it.

    Its Managing Director/Chief Executive Officer Ahmed Kuru said the corporation was working with other sister agencies, such as the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC), the Nigeria Deposit Insurance Corporation (NDIC) to produce a television documentary on the corporation’s recalcitrant obligors.

    The AMCON MD, who was guest speaker at the Breakfast Meeting, organised by the Nigerian-American Chamber of Commerce (NACC), said the idea was to document for the future  the debtors.

    He said, unlike what happens in other climes,  these obligors still manipulate their way to emerge as top government functionaries.

    Read Also: CBN deputy governor to chair AMCON

    Kuru added: “Sadly, these are the calibre of people we respect in Nigeria but these people are not role models. How can you be a role model when you cannot honour a simple obligation? That is why I have been consistent in the call for the return of the failed bank act. The way we are handling the issue in the country suggests that we are encouraging a lot of financial rascality. People have to be held accountable for their actions, which, I believe, would serve as deterrent to others.

    “Economies all over the world depend on the financial infrastructure for growth. If we allow or encourage the destruction of the basis of our financial structure, then the economy would not grow. These are men and women who go to banks borrow money with no intention to pay and in the process bring down banking institutions. It takes a lot for a bank to fail. AMCON just rescued Skye Bank with an investment of nearly N1trillion. In a decent society, those who are responsible are supposed to be held accountable.

    “We are talking about recovering over N5trillion debt, which sits with the Central Bank of Nigeria (CBN) and we know that the Federal Government through the CBN cannot afford to write the debt off so we just have to recover. With such huge recovery, the country can do a lot in the areas of infrastructure development in energy, rail line, health, road construction, and lot more. To enable you understand the magnitude of what we are talking about, only 350 individuals account for 80 per cent of the debt amounting to N4.6trillion.’’

    On why AMCON cannot deal with these obligors, Kuru said the Act establishing the corporation does not empower it to arrest and prosecute people like some other agencies of the government. “As AMCON, we have no power to arrest these ‘powerful’ people as we depend largely on judicial processes to recover and we all know the slow pace of judicial processes. Given our sunset date, which is around 2013/24; we are determined to go after these obligors within the ambit of the law in line with the AMCON Act.

    ‘’Already, we have changed our strategy to more of enforcement, because the negotiations have failed. We want to go a step further by working with the ICPC and the EFCC, which will enable us to investigate the credit processes. If we do not establish this deterrent, we are likely to go round the era of NPL circle again,” Kuru stated.

    The AMCON boss urge NACC to lead the campaign for the strengthening of corporate governance structures in both the financial services industry and other sectors of the economy as lack of it destroys institutions and organisations. Again he said, “Your chamber must be in the forefront to champion good corporate governance structures; you must preach that people must learn how to meet their obligations; people must obey the rule of law and be transparent in their dealings with others. Above all, we must promote the culture of holding people accountable, especially the leadership class in both politics and business.

  • GTB declares N8.83b interim dividend on H1 results

     

    GUARANTY Trust Bank (GTB) Plc will be distributing N8.83 billion as interim cash dividends to shareholders after pre-tax profit rose to N115.79 billion in the first half of this year.

    Shareholders will receive interim dividend per share of 30 kobo, continuing the bank’s tradition of twice annual dividend payment. The interim dividend will be paid on September 11, 2019 to all shareholders on the register of the bank as at the close of business on September 03, 2019.

    Key extracts of the audited report and accounts for the six-month period ended June 30, 2019 released at the Nigerian Stock Exchange (NSE) at the weekend indicated profit before tax rose by 5.6 per cent to N115.8 billion in first half 2019 as against N109.6 billion recorded in the corresponding period of 2018. Profit after tax also improved from N95.58 billion to N99.13 billion. Gross earnings however declined from N226.63 billion to N221.87 billion. Earnings per share improved from N3.38 to N3.50.

    The bank’s balance sheet also emerged stronger during the period. Loan book grew from N1.26 trillion recorded as at December 31, 2018 to N1.27 trillion by June 30, 2019. Customer’s deposits also increased by 6.3 per cent to N2.42 trillion in June 2019 as against N2.27 trillion in December 2018. The bank closed the half year with total assets of N3.6 trillion and shareholders’ funds of N603.0 billion.

    In terms of asset quality, non-performing loan (NPL) ratio and cost of risk improved to 6.8 per cent and 0.2 per cent in June 2019 from 7.3 per cent and 0.3 per cent in December 2018 respectively. Overall, asset quality remains stable with adequate coverage of 84.7 per cent, while capital adequacy ratio remains strong at 23.5 per cent. Return on Equity (ROAE) and Return on Assets (ROA) stood at 33.7 per cent and 5.8 per cent respectively.

    Chief Executive Officer, Guaranty Trust Bank (GTB) Plc, Segun Agbaje, described the results as good results in view of the challenges in the operating environment, characterised by varying degrees of uncertainty and a rapidly changing competitive landscape.

     

     

     

     

  • I&E Forex window attracts $1.9b in one week

    ActivitIES at the Investors & Exporters (I&E) window advanced by 55.7 per cent to $1.9 billion last week, a report by Afrinvest West Africa, has shown.

    The figure is an improvement on the $1.2 billion recorded in the previous week.

    Before the introduction of the forex window, which allows foreign investors to sell dollars at rates of their choice, provided they can find buyers, the local equities market and the foreign exchange (forex) market were in a shambles.

    The All Share Index (ALSI) was shrinking and the naira weakened against other currencies, especially the dollar.

    The I&E window has become the attraction, making many of the business concerns to take another look at their exit from the country.

    The introduction of the window was followed by continuous interventions by the CBN which enabled banks and BDC operators to meet forex demand at the retail end of the market. Thus, the window has become a life-saving pill for the domestic economy as it has attracted about $60 billion into the market, enhanced transparency and made forex available to the end-users.

    The operations of companies, especially manufacturing, has been on the upward swing with an improvement in inflation figures as well as equities market performance.

    According to the CBN, the “Investors’ & Exporters’ FX Window” is boosting liquidity in the forex market and ensuring timely execution and settlement for eligible transactions by all parties.

    Before the stability in the forex market and naira, the economy witnessed a depressed Gross Domestic Product (GDP) growth, which culminated in a recession in 2016.

    “There was also rising inflation, which peaked at almost 19 per cent in January 2017 and a persistently rising unemployment rate to 14.23 per cent in 2016 fourth quarter from 6.41 per cent as at 2014 fourth quarter.

    There was also a significant depreciation of the exchange rate, reaching N525 to $1 in February 2017 and witnessed a fast depletion of the reserves which was drained down from about $23.6 billion in October 2016 from as high as $40 billion in January 2014.

    it said: “The I&E Forex window, seen as a ‘willing buyer, willing-seller window’, allows foreign investors to bring in dollars into the economy at any price of their choice, provided they could find buyers at such rate. The figure at the window has also impacted positively on the Purchasing Managers’ Index (PMI).”

    Managing Director Financial Derivatives Company Limited Bismarck Rewane, described the I&E forex window as the best policy implemented by the CBN.

    Managing Director, Afrinvest West Africa PlcIke Chioke said the window has won the confidence of foreign investors. He said the window attracted foreign investors’ appetite for Nigerian assets leading to impressive appreciation in the equities market and stabilising the naira.

    Before the introduction of the window, foreign investors’ appetite for local assets waned significantly on the back of currency crisis which in turn fundamentally weakened macroeconomic performance, dragged corporate earnings and also impacted on equities market viability.

     

  • El-Zakzaky didn’t seek asylum in India – IMN

    The Islamic Movement in Nigeria (IMN) has described a recent statement by the federal government that its leader Sheikh Ibraheem El- Zakzaky had wanted to seek asylum in India before his return as campaign of calumny to cover its ‘gross misconduct’ in a foreign land.

    The Shi’ites group further accused the federal government of mischievously going beyond its role of supervision to instructing on which doctors the Sheikh and his wife must see and refusing to allow them access to their own doctors.

    It reiterated that the goverment’s role confirmed the allegation that it had wanted to kill the Sheikh in the name of medical treatment.

    The IMN, in a statement to newsmen on Sunday by the President of its Media Forum, Ibrahim Musa, further alleged El- Zakzaky returned because the goverment’s ‘evil schemes’ could not be executed.

    It said: “Sequel to the Nigerian government’s sinister operation that frustrated the treatment of the revered Sheikh Ibraheem Zakzaky (H) and his wife, Malama Zeenat Ibrahim in India that led to the repatriation of the couple, the Nigerian government, in its effort to deceive the general public, has concocted contradictory statements and lies to color its acts of violating the order given by the Kaduna High court allowing the Sheikh to seek treatment in India, with the government only supervising.

    “The facts are that the government mischievously went beyond its role of supervision to the level of maliciously interfering in the medical process, instructing on which doctors the Sheikh and his wife must see, while refusing to allow them access to their own doctors. Apparently, the government had a hidden mission, the details of which they had detailed specific doctors to execute. The Sheikh was forced to either accept their choice or return home within two hours.

    “Being mindful of the government’s various previous plots to eliminate him since 2015, first through the barrels of the gun and much later through poisoning in detention while refusing him access to adequate medical care until the court’s intervention, the Sheikh sensed the government’s intention of inducing killer doctors to finish what they had earlier started, now through the back door. He therefore insisted on having the presence of the doctors that initially assessed him in Nigeria, who also worked in that hospital, failing which, he preferred to return to Nigeria.

    “He refused to be subjected to any breach in the basic ethical principles guiding the medical treatment of people of respect for persons: protecting the autonomy of all people and treating them with courtesy and respect and allowing for informed consent, which the Nigerian government had contracted medical personnel in the Indian hospital to throw to the wind.

    “Before efforts at resolving this impasse could be concluded, the Sheikh was brought back to Nigeria, since their evil schemes could not be executed. The government is now churning out contradictory explanations to blame the Sheikh for not allowing himself to be killed in the name of medical treatment. The Nigerian government is also blackmailing the Sheikh that he sought for asylum in India just to cover their own gross misconduct in a foreign land.

    “The campaign of calumny has been championed by the Federal Ministry of Information, which sarcastically even said they were apologising to India for the Sheikh’s “unruly behaviour” rather than for their own obvious attempted assassination of somebody in another country!

    READ ALSO: El- Zakzaky’s one chance trip to India

    “Isn’t it rather contradictory that someone allegedly seeking asylum would be unwilling to stay back irrespective of the circumstances but preferring instead to return to his home country. It is on record that it was the Sheikh who requested to be brought back home having been denied access to his doctors and rejecting the killer squad engaged to “treat” him instead.

    “The government’s claim that Sheikh’s wife antagonized the Nigerian officials by accusing them of killing her three children is yet another spurious search for justification for its maltreatment of the couple. Isn’t it true that it is the government that killed her three sons when its army invaded their residence at night in December 2015? Wasn’t her husband dragged over the corpses of their murdered children having been shot himself and left swimming in his own pool of blood? Wasn’t she also shot and left lying lifeless in the process? Were they expecting a cheer from her for all these severe gross violation of their fundamental rights, even as judged by a competent federal court?

    “It is rather very shameful and a slap in the face of Nigeria that the government which hitherto claimed it had no hand in the case, now has to resort to lies, calumny and blackmail against a couple whose alleged crimes has never ever been proved in any court of the land. All the allegations against this couple have always been merely spurious and unproven, and knowing that they could never prove in any court use the might of state power to intimidate and misinform the public.

    “It is noteworthy to state that the government is yet to respond to the confessions by the Saudi Arabian Crown Prince that they sponsored the Zaria genocide and the subsequent continued detention of the Sheikh in Nigeria. This same fact was earlier alluded to by President Muhammadu Buhari during a state visit to Qatar. The world is watching all the persecution of the Islamic leader with keen interest. The government can never change the narrative.

    “We wish to thank the general public for their continued understanding and show of support in all these. No amount of feeding the public with concocted half-truths, lies and campaigns of calumny would swerve the course of justice for all the victims of Zaria genocide and its aftermath.” IMN said.

  • Breaking: 2019 AFROBASKET: Nigeria beats Senegal to retain title

    D’TIGRESS of Nigeria survived a late rally to beat host Senegal 60-55 and retain the Women Afrobasket title In Dakar on Sunday.

    The D’Tigress looked to be coasting home after the third quarter but the Senegalese came back strong in the last quarter to take a brief lead before the Nigerian rallied back to win the game despite losing the final quarter to the host.

    It was the D’Tigress who seized the initiative early in the game racing to a 10-4 lead. Though the Senegalese fought back gallantly, the first quarter ended 14-10 in favour of Nigeria.

    At the resumption of the second quarter, the Nigerians took off from where they left in the first quater and increased the lead as the second quarter ended 32-24.

    The Nigerian ladies won the third quarter 16-13 to bring the cumulative score to 48-37. The Senegalese had a better quarter but the Nigerians rallied to win it and took an 11 point lead to the final quarter.

    Read Also: Afrobasket: D’Tigress take on CDR in quarter final

    However, the drama was left for the final quarter when the Senegalese got 10 points without the Nigerians making any. It took the D’Tigress five minutes to make their first point in the final quarter and briefly relinquish the lead mid-way through the quarter which they lost 12-18. But by then, the Nigerians had done enough to earn victory and win their second consecutive title.

    Nigeria now has four Afrobasket titles, following Sunday’s win,

     

  • IPOB’s attack order on us empty threat-Southeast govs

    South east governors have dismissed the order by the Indigenous People of Biafra (IPOB) on its members to attack them on sight anywhere in overseas as empty threat.

    IPOB founder Nnamdi Kanu had given a matching order to its members across the world to attack the Governors of Ebonyi, Enugu, Abia and Anambra States anywhere they are seen.

    This order was 24 hours after former Deputy Senate President Ike Ekweremadu was attacked by members of the group in Germany.

    Ebonyi State Governor, Dave Umahi, in a statement on Sunday evening said: ““They have no such spread and powers to track down South-East governors for attack anywhere in the world. They are too small.

    “I don’t want to say they sound so cowardly but they can’t see the governors to attack.”

    He pointed out the group’s Biafra dream cannot be actualized without the governors.

    Umahi, who doubles as Chairman of the South-East Governors’ Forum, said they had no problem with the group to warrant such an order.

    He added the insecurity in the region was a nationwide challenge which was under the Federal Government’s command and control.

    Read Also: Reconcile with Asari Dokubo, Ohanaze begs Nnamdi Kanu

    While condemning the attack on Senator Ike Ekweremadu, Umahi said: “If there is any issue IPOB holds against the governors, they should come home to settle it in Igboland instead of a foreign land.

    “What happened was a security issue which was within the purview of the Federal Government.

    “Attacking governors in a foreign land is a wild goose chase. We love them because they are our children.

    “IPOB cannot achieve Biafra alone, except with the collaboration of all stakeholders including the governors. They don’t need to attack the governors to achieve Biafra.”

    The governors’ forum warned members of the IPOB not to allow political opportunists to use them to destroy the South-East region.

    “They should come together and work with the governors and the Ohanaeze Ndigbo to achieve the Igbo Presidency come 2023 instead of fighting the governors.

    “We want them to be close to us instead of taking the struggle to the international arena.”

  • BREAKING: Nnamdi Kanu offers N1m reward for overseas itinerary of Southeast Govs, Igbo leaders

    Leader of the proscribed Indigenous People of Biafra (IPOB) Nnamdi Kanu has offered N1m reward for credible information on overseas travel itinerary of Igbo leaders, especially Governors from the zone.

    Kanu announced this in a live broadcast on the rogue radio station, Radio Biafra on Sunday night.

    He was speaking on the recent attack by some of his members on Senator Ike Ekweremadu in Germany and the spread of killings and kidnappings in the southeast.

    He said a member of the group has made the money available for credible information anytime Governors of the Southeast and other leaders from the zone are traveling.

    “So if you are working in any Government House in Southeast and you know which city in the world the governors is going to be, inform us so hat we will mobilize for him and you will be rewarded with N1m,” he declared.

    In the 87-minute broadcast, Kanu said the grudge of the group with the governors is that they proscribed the group.

    “They and not the Federal Government of Nigerian proscribed IPOB.

    “They said they proscribed IPOB to douse rising tension in the region. What caused the tension, because the Milliary raided my house in Umuahia,” Kanu said.

    He also accused them of secretly approving the RUGA settlement in the Southeast.

    On the attack on former Deputy Senate President Ike Ekeremadu, the IPOB leader said the the senator connived with the governors to proscribed his group.

    Read Also: I’m vindicated on Atiku’s birth place, says Nnamdi Kanu

    “They also brought the Army to raid my House in Umuahia. How many times has he spoken against the killings and kidnappings happening in his own state?

    “He went to celebrate New Yam Festival in Germany when his people are being killed and our women being raped. Where did they get the new Yam because there is none in Igboland since all the farmlands have been destroyed by herdmen”.

    The IPOB Leader also accused Ekweremadu of embezzling money budgeted for construction of Enugu-Port-Hacourt Expressway by former President Goodluck Jonathan administration.

    The Nation could not independently verify his accusations against Mr Ekweremadu.

    Apart from the Governors, Mr Kanu listed others on the group’s overseas watchlist to include Ohaneze Ndigbo President-General, Nnia Nwodo and Chief of Army Staff, Tukur Buratai.

    On Nwodo, Kanu accused him of accusing Igbo youths of carrying out the recent killings, kidnappings and other criminal activities in the Southeast especially in Enugu State.

    For Buratai, Kanu said the group will never forgive him for his role in various killings and atrocities allegedly committed by the Military in the southeast

    He warned them  to steer clear of any foreign country for their own good.

    “We have nominated 5 persons each in every country or the world who are ready to be arrested and be jailed for this purpose. Many of us have been killed so what is there in going to jail”, he said.

    He praised the outspokenness of Senator Enyinnaya Abaribe and former Aviation Minister Femi Fani- Kayode.

    “We campaigned for Abaribe’s re-election because he always spoke the truth everytime about what is happening in the country and today he is the highest political office holder in Igboland”

    “Fani Kayode is not an Igbo man but he always stands for the truth and so we have enormous respect for him”.

    Mr Kanu also claimed that the Milliary is beginning another Operation Python dance in the Southeast tomorrow (Monday) in the SouthEast which is targeted at his group.

  • Ndidi on target as Leicester hold Chelsea

    Chelsea manager Frank Lampard had to settle for a 1-1 draw against Leicester City in his first home match in charge on Sunday.

    A second-half header by Wilfred Ndidi cancelled out Mason Mount’s early goal on Lampard’s home debut.

    Chelsea raced into a quick lead when the 20-year-old player stole the ball from a dallying Ndidi and left Kasper Schmeichel with no chance with his shot in the seventh minute.

    The goal capped an opening onslaught by the new-look Blues who were roared on by the home fans excited at the return of Chelsea’s all-time top scorer Lampard as manager.

    Read Also: It’s great to be back —Ndidi

    But Leicester grew into the game and equalised in the 67th minute when Ndidi atoned for his first-half error by heading home a James Maddison corner.

    Maddison, Jamie Vardy and Youri Tielemans spurned chances to win it for Leicester late on.

    NAN