Tag: Yemi Osinbajo

  • Osinbajo to Nigerians: Insist on leaders with character, integrity

    *Rule of law pillar of democracy, say CJN, Babalakin

    Vice President Yemi Osinbajo (SAN) on Thursday urged Nigerians to insist on leaders with character and integrity.

    He said good governance would be impossible without the right people in power.

    The Vice-President spoke at the University of Lagos (UNILAG) Faculty of Law 2018 public lecture with the theme: The rule of law as panacea for peace, security and good governance in a democracy.                                                

    Chief Justice Walter Onnoghen, who delivered the lecture, and UNILAG Pro-Chancellor Dr Wale Babalakin (SAN), who chaired the event, said good governance and peace would be impossible without the rule of law.

    They also called for an independent judiciary and for court orders to be respected.

    Osinbajo, represented by Presidential Advisory Committee Against Corruption (PACAC) Executive Secretary Prof Bolaji Owasanoye, said each arm of government must fulfill its constitutional role for rule of law to thrive.

    He said: “The rule of law being the heartbeat of democratic governance, we must accept that obeying the law will promote peace, security and ultimately good governance.

    “The rule of law is the principle of governance in which all parties are accountable to laws that are enacted, enforced and independently adjudicated.

    “It is one of the sacred constitutional doctrines that require taking necessary measures to ensure accountability, fairness in the application of law, avoidance of arbitrariness and procedural and legal transparency.”

    According to him, if the triad of government fails to fulfill their constitutional mandates, the aspirations for peace and security would be a mirage, everyone is victimized and the society pays the price.

    “Irrespective of the composition of government and the dominance or otherwise of one political party controlling the executive or the legislature, the triad of the executive, the legislature and the judiciary will work together as a cooperative government in order that the expectations of the people for good governance is not dashed, because what the people want is good governance.

    “The first step to achieve the goal set by the theme of this lecture is the proper evaluation of the character and the integrity of the persons elected or appointed to positions of authority in all the arms and levels of government. If we’re able to get this basic issue right, we’re closer to our dream of peace, security and good governance in our democracy.

    “Failure at this level implies that the foundation has been destroyed, therefore leaving the righteous with the difficult if not an impossible task of building something from nothing.”

    Read Also: No basis to compare APC with PDP, says Osinbajo

    He called for citizen involvement, saying: “For us to build a nation of our dreams, the citizens must also sucritinise the actions of those elected or appointed with objective and non-partisan mindset.”

    Osinbajo praised the CJN for taking pro-active measures towards strengthening the judiciary.

    Chief Justice Onnoghen said the observance of the rule of law was a pre-requisite for peace, security and good governance in a democracy.

    He regretted that the rule of law was “disregarded” by past administrations, while powerful individuals acted above the law.

    The CJN said: “It is quite discouraging that the rule of law has over time been disregarded in Nigeria and successive administrations have continued to show total disdain for its development.

    “Hence, it will not be improper or out of place to conclude that without improvement on the observance of the rule of law, it will be impossible for Nigeria to experience peace, security and good governance.”

    Chief Justice Onnoghen was of the view that security was critical for national cohesion and sustainable development.

    “Any government that is against the enthronement of the rule of law is by implication inviting anarchy into the system. A democratic government must not only obey the law but also courts’ orders,” he said.

    The CJN believed Nigeria urgently needed “a vibrant and independent judiciary” that must “at all times frown at any interference from other arms of government” while guaranteeing access to justice for all.

    According to him, the court system must be truly independent, accountable, efficient, impartial, accessible and credible, adding that the courts expect the utmost respect of the law from the government that rules by the law.

    “The level of respect and obedience accorded by the citizens of any civilised democratic society to court orders, judgments and other judicial acts determine the level of development of the rule of law and consequently the maintenance of peace, order and public good in such a society or state,” Chief Justice Onnoghen said.

    Dr Babalakin emphasized that the rule of law could not thrive in the absence of an independent judiciary.

    “We’re still struggling to convince the entire society that it is to our mutual benefit that we have adherence to the rule of law. I’m relatively young in the system, but I’ve seen successive governments pay lip service to the rule of law.

    “They emphasize the rule of law when they’re in opposition, and capitulate as soon as they’re in government. Without the judiciary standing firm, only God knows where we would have been as a nation.

    “We’ve seen arbitrariness of the highest order; we’ve seen total disdain for other’s rights. But we cannot have the sort of judiciary we desire unless we make it a collective assignment,” he said.

    Addressing the CJN, Dr Babalakin added: “I congratulate you for standing firm in the face of serious aggression against the concept of an independent judiciary. You have taken a position that is commendable to all those who appreciate that we can only have the rule of law if it’s situated within an independent, courageous and well funded judiciary.

    “You have not allowed the convenience of the moment prevent you from pursuing your ideals. I have no doubt that by the time your tenure comes to an end, the Nigerian judiciary would have the platform for growth.”

    Dr Babalakin praised the law faculty for organizing the event, saying: “The faculty of law has set a pace and must be the envy of every other faculty in this university.”

    He said the faculty was living up to the ideals of its pioneer dean, the late Prof Taslim Elias.

    The faculty dean, Prof Ayo Atsenuwa, said the CJN was chosen in a bid to give the judiciary a voice.

    She said: “When we conceptualised the 2018 lecture, we wondered who could give us a momentous lecture in the sense that we wanted a lecture that would speak to the issues of the day. We thought: Why not give an opportunity to the judiciary to have their voices heard?

    “By tradition and the exigency of their job, they don’t speak publicly because they don’t want to pre-judge cases. But we also must hear from the judiciary. We thought: who better than the CJN? And we thought that other arms need to hear from the Judiciary.”

  • Osibanjo, nPDP meeting reconvenes Monday

    The All Progressives Congress (APC) said on Thursday that the meeting between Vice President Yemi Osinbajo and members of the new PDP will resume on Monday, January 4 to discuss specific demands put forward by the Abubakar Kawu Baraje led group.

    Deputy National Chairman (North) of the party, Senator Lawal Shuaibu who disclosed this however denied that the new PDP members demanded that the trial of Senate President before the Code of Conduct Tribunal he stopped during their meeting with the Vice President on Monday.

    Senator Shuaibu who is leading the party in the discussion with the aggrieved party members said the meeting between the Vice President, the party and the new PDP members agreed to reconvene with smaller delegation T9 discuss specific issues brought forward by the groups.

    Shuaibu said “There was no time during Monday’s meeting the condition was given that Sen. Bukola Saraki’s CCT trial must be withdrawn”.

    He said a smaller group of eight persons comprising the Vice President, the Attorney-General of the Federation, the Deputy National Chairman (North) and five representatives of the former nPDP members.

    According to him, Monday’s meeting which had in attendance twenty former nPDP members focussed superficially on ‘general discussions’, while the next meeting scheduled for next Mondaywill “go into the business of discussing the [former nPDP] specific demands”.

    Shuaibu said “When we got to the meeting venue in Aguda House, the Vice President felt we were too many. He said for the meeting to achieve any meaningful result, we needed a much smaller group. On that, there debates as to how many people.

    Read Also: Osibanjo inaugurates 1,000 Youths Empowerment Program in Kano

    “The Vice President suggested that the nPDP bring three representatives, and then himself, the Attorney General and myself to make up three so that we have six. But they (nPDP) insisted that they needed more than three representatives and we finally settled on five. From there we went into general discussions, nothing specific.

    “We said when they (nPDP) are ready with their five representatives, then we will sit down and go into the business of discussing the specific demands. There was no time during Monday’s meeting the condition was given that Sen. Bukola Saraki’s CCT trial must be withdrawn.

    “I don’t know where they got that story from. I have a strong feeling that whoever wrote that story was only being speculative because nobody could have said that.

    Sen, Shuaibu added that the basis for last Monday’s meeting was the content of the former nPDP’s letter submitted to the Party and copied to the President and Vice President, adding that “content of the letter which is now public, that is what the basis of their demands are. At the next meeting on Monday, we will go into the specifics. That letter will be x-rayed point by point.”

    On whether the meeting discussed the recently conducted ward, local government and state congresses, he said: “The letter did not even bring the issue of congresses because it was written before we started congresses. But the issue of congresses was raised in the meeting of Monday. The House of Representatives Speaker, Yakubu Dogara raised the issue and we said when we come for the specifics, we will talk about that.

    “When certain issues come up, there are ways we can always address them. Are you saying we can’t make amends? Yes we can. Decisions are made and amends of such decisions are always possible. Politics is not madness, there must be a way of accommodating people’s grievances. There must be a way of carrying people along, especially those who are left behind in any process.”

     

  • Osinbajo lauds Dangote over 150 vehicle donation to Police

    The Vice President of Nigeria, Prof.  Yemi Osinbajo has praised the Chairman of Aliko Dangote Foundation over the donation of 150 operational vehicles to the Nigeria Police Force.

    The Vice President said the vehicles donated would help combat the spate of crime in the country.

    Osinbajo while expressing  Federal Government’s appreciation to Dangote described him as a rare entrepreneur who has done so much to grow the economy of Nigeria.

    He said the Government needs people like Aliko to join hands with it to grow the economy and also provide jobs for the Youth.

    He said: “There have been a lot of talks on private-public partnership, but as we can see Alhaji Dangote is walking the talk.

    “Government’s role is to provide the enabling environment while the private sector should take advantage of the opportunities that abounds in the country to grow and develop the economy.

    “The donation of 150 cars to the Nigerian Police Force is laudable and we thank Aliko Dangote Foundation for this rare gesture, that is characteristic of the person of Aliko Dangote.

    Read Also: No basis to compare APC with PDP, says Osinbajo

    “He has shown over the years to be an entrepreneur with a difference, a man that gives so much to the poor”

    Describing the donation as the single largest donation of cars by any private individual in the country, Osibanjo urged other Nigerians to join hands with the Federal Government to effectively secure the country as well as develop the economy.

    Speaking during the formal handover, the Chairman of the Foundation,  Aliko Dangote explained that the donation was imperative considering how essential security was to the economy.

    He also said the donation was aimed at strengthening the Nigeria Police.

    He said: “We are gathered here today to mark the formal handover of a total number of 150 GAC saloon cars to the Nigeria Police Force in order to help boost their operational efficiency.

    “I am told that today marks the single biggest number of operational vehicles ever donated to the law enforcement agency by a private organisation.

    “Considering the challenges government faces in meeting the entire needs of the populace for necessities like health, education and security, various Public Private Partnerships (PPP) initiatives have been developed.”

    The Foundation, according to Dangote has been active in the four areas of health, education, economic empowerment and disaster relief, adding that it has  expended upwards to N10 billion annually.

    While calling on other corporate organizations to rise up to the challenge of helping the security agencies in the country, Dangote stated that his Foundation made a N50 million donation to the Lagos State Security Trust Fund, and built the Police Intelligence Hostel Complex in Kwara State, all of which are part of the collaborations by the Foundation.

    “Today, we are deepening our intervention in security with the donation of these 150 fully kitted operational vehicles to the Police Force. These vehicles will support the Nigeria Police Force in surveillance, crime prevention and promote law and order.”

    Dangote promised that his foundation may consider donating another batch of vehicles to the Force depending on how well the ones donated are maintained.

    Also commenting, the Inspector-General of Police, Ibrahim  Idris promised that the cars will be well utilized for the purpose for which they were donated.

    He urged Nigerians to go about their business lawfully, noting that the Police Force is well equipped more than ever before to fight crime across the country.

    He also assured that the Police Force will not disappoint Nigerians in the provision of adequate security across the country.

  • FG to set up creativity, technology council, says Osinbajo

    The Vice President, Prof. Yemi Osinbajo, on Monday said the Federal Government would set up a Creativity and Technology Council to support innovation and startups in the creative industry.

    He said this when he visited an innovation hub, Ventures Partners, in Abuja.

    “What we are trying to do as a government is that we are setting up what is called the creativity and technology council.

    “We already have an industrial and competitiveness council where the likes of Dangote and the bigger businesses already advise on policy,’’ he said.

    He explained that in the industrial and competitiveness council which he chaired, bigger players in industry proffered solutions and advised on policies that could improve the nation’s business environment.

    He said that the industrial council had people already established in manufacturing and other industrial areas who develop and shape policies as well as bring out the challenges in the business environment.

    He said that the creative and technology advisory council would involve people doing startups, creative and entertainment industry.

    “Some of the policies that need to make this environment friendly and more interesting have to be developed by those innovation,’’ Osinbajo said.

    According to him, innovators have peculiar issues and unless someone experiencing such are able to seat with the CBN governor and the ministers of finance and trade and investment, it will not be easy to resolve them.

    “We are looking forward to doing this and I hope  in the next couple of weeks, we should have that council set up,’’ he hinted.

    On funding for startups, the vice president said some were already doing well there, including those in the Tony Elumelu Foundation, adding that more activities should be developed around the public sector.

    He said that with the social investment policy of the administration and collaboration with other stakeholders, more people could be brought into innovation.

    Osinbajo said that with the innovators, the country was heading toward more prosperity.

    He said that the administration was proud of the contributions of the innovators and would give them the necessary support.

    During a question and answer session, Osinbajo said that the administration was proposing state police and community policing for the citizenry.

    On increasing agro production and reducing waste, he said a lot needed to be done with other partners, noting that at present, the government used extension workers to educate farmers and those on the value chain.

    He said that the administration was also working with mango and yam producers in Benue for the preservation of the commodities.

    Earlier, Mr Ife Adebayo, the Special Assistant to the Vice President on Innovation, said that the event of the day started in 2016 when the government announced that it would support innovation.

    He said that the programme had made impacts in different fields, adding that innovators had got funding from different partners to move their products to higher levels.

    He said that the launch of the hubs in North East, South South and South East had reached advanced stages, adding that the national programme had attracted private patronage.

    He mentioned the Google Impact programme, which promised two million dollars to 12 startups with social impact, adding that the essence was to build a viable ecosystem.

  • FEC to receive amendments to tax policy soon, says Osinbajo

    Five amendment bills and two Executive Orders will soon be submitted to the Federal Executive Council (FEC) for approval in order to change Nigeria’s National Tax Policy.

    Vice President Yemi Osinbajo made this disclosure on Wednesday in Abuja at the 20th annual tax conference of the Chartered Institute of Taxation of Nigeria (CITN).

    According to Vice President Osinbajo, the “implementation Committee for the new tax Policy’s work has since produced five amendment bills and two Executive Orders; all of which will shortly be presented to the Federal Executive Council for approval.

    The specific mandate of the Committee he said included the removal of obsolete, ambiguous and contradictory provisions in our tax laws, simplification of the tax payment process, and the reduction of the tax burden on micro, small and medium enterprises.

    The need to change Nigeria’s tax policy the Vice President said has become necessary because “for too long Nigeria has tried to carry on as an oil-rich country, one without the need for its citizens’ taxes. The unwritten compact has been something along the lines of pay whatever taxes you can pay, but it’s really no big deal. In exchange, we, as government, get the right to do whatever we like with Nigeria’s oil wealth.”

    This arrangement he lamented, has fueled the massive corruption and inefficiencies that have come to be associated with public revenue management.

    The government of President Muhammadu Buhari, Osinbajo revealed “is working to change this state of affairs. We are determined to restore the full weight of the social contract. We are rewriting the old rules and compacts; making it clear to Nigerians that we will ensure that every naira of public money is put to use for the maximum good of the Nigerian people, while simultaneously ensuring that every naira due to the public coffers in taxes is promptly and efficiently collected.”

    He reiterated that the Treasury Single Account (TSA’s) unified system of bank accounts domiciled in the Central Bank of Nigeria (CBN) has proven to be far more transparent and cost-effective than the old scenario in which government agencies maintained thousands of accounts across various commercial banks.

    As a result of the TSA, “the Federal Government realizes monthly savings of at least N4 billion which would have gone on commercial bank charges” he said.

    The Presidential Initiative on Continuous Audit (PICA), the Vice President elaborated “has also tightened controls on the federal payroll and pensions systems, eliminating tens of thousands of ghost workers and saving us more than N200 billion that would have gone to these ghost workers.”

    With the introduction of the Voluntary Assets and Income Declaration Scheme (VAIDS), Osinbajo urged tax administrators particularly members of the CITN “to keep in mind that, that extra income is taxable, and, to whom much is given, much is expected.”

    Going forward, the federal government the Vice President said is “working to adapt our tax laws for the digital age, one in which commerce has become borderless and intangible, and to which the old laws no longer apply. E-Filing is a rapidly growing concept which we are very keen to extend to taxpayers at all levels across the country.”

    The Vice President also disclosed that the number of economically-active Nigerian tax payers is now in excess of 19 million, and still growing from only 14 million in May 2017.

    This he said “means that the efforts of the Federal Inland Revenue Service (FIRS), in collaboration with the State Inland Revenue Services, have already added more than five million new taxpayers to the tax base.

    Earlier, president and chairman of council of the CITN, Chief Cyril Ikemefuna Ede, said the “heartbeat of any economy is its deft use of taxation for promoting economic growth and development. Through taxation, government ensures that resources are channeled towards important and critical activities in the society. Thus the imposition of taxes is essential to economic and social development in any given economy.”

  • World Bank officials to meet Osinbajo, Adeosun over projects in Nigeria

    A World Bank Mission, comprising of 10 Executive Directors, is expected in Nigeria today to hold high-level discussions with the Vice President, Prof. Yemi Osinbajo; Minister of Finance, Mrs. Kemi Adeosun and some Governors over the Bank’s projects in the country.

    In the World Bank Mission are the Bank’s Executive Directors for Switzerland, France, Italy, Nordic, Peru, Germany, South Africa (representing Angola, Nigeria and South Africa), Burkina Faso (representing Francophone Sub-Saharan Africa), Zimbabwe (representing Anglophone Sub-Saharan Africa), United Kingdom and Indonesia.

    A statement from the ministry of finance signed by Oluyinka Akintunde, Special Adviser on Media and Communications to Minister of Finance said “the delegation will discuss ongoing World Bank projects and the country’s development priorities with the Vice President, Minister of Finance and the Governors.”

    The officials will also meet the organised private sector in Lagos as well as undertake a tour of LAPO Microfinance project in Lagos and Azura Power Plant in Edo State.

    The visit Akintunde noted “is expected to provide a first-hand impression of the challenges that both the Federal and State Governments face in implementing development projects as well as ensuring good governance overall.”

    “It will further enhance the goal of the Bank for member-countries and the effectiveness of the Executive Directors in providing the necessary support” he said.

  • Nigeria recovers N7.8 billion, $378 million £27,800 through Whistleblower’s Policy – Osinbajo

    Vice President Yemi Osinbajo on Monday said that Nigeria has recovered about N7.8 billion, $378 million and £27,800 through the Whistleblower’s Policy launched by President Muhammadu Buhari in December 2016.

    He made the remark at the opening of the Open Government Partnership, (OGP) week holding at the Nigerian Airforce Headquarters, Abuja, where he represented President Buhari.

    According to him, the Presidential Initiative on Continuous Audit, PICA, which oversees the Whistleblower’s Policy in the Ministry of Finance, has also helped the government save over N200 billion by eliminating ghost workers.

    In a statement by the Senior Special Assistant on Media and publicity, Laolu Akande, the Vice President noted that PICA was established to clean up the payroll and pension system across all the ministries, departments and agencies.

    He said government has included recovered assets in the country’s annual budget since 2017 and invested them in the development of infrastructure as well as in the Social Investment Programme.

    “All funds forfeited to the federal government are being included in our yearly budget proposals, for appropriation by the National Assembly,” he stated.

    According to him, an executive bill has been sent to the National Assembly for the purpose of enacting a more comprehensive legislation on proceeds of crime.

    Osinbajo said the Nigerian government was leveraging technology in a way that it has not been done before to underpin the President Buhari’s commitment to transparent and accountable governance.

    He said: “Nigeria’s experience has shown that technology and innovation tools as well as social media platforms are changing the ways in which citizens engage with government, and empowering citizens and non-state actors to take a more active role in holding government to account.”

    Professor Osinbajo also said that the measures taken by the government to fight corruption since the inception of the administration in May 2015 included the implementation of the Single Treasury Account, TSA, “that existed mainly as an idea, without the appetite for serious implementation” and the establishment of the Presidential Advisory Committee Against Corruption, PACAC.

    Other measures, according to him, were a National Open Contracting Platform (NOCOPO) developed by the Bureau for Public; the Infrastructure Concession and Regulatory Commission (ICRC) launched its Public Private Partnerships (PPP) Contracts Disclosure Portal in September 2017 to ensure the timely disclosure of contract information from project initiation through to implementation; and the Citizens’ I-Monitor Portal developed by the Budget office through the open Budget Survey Index.

    He said Nigeria was committed to joining the OGP “an international multi-stakeholder initiative focused on improving transparency, accountability, citizen participation and responsiveness to citizens through technology and innovation” at London Anti-Corruption Summit in May 2016 and became the 70th member of the organization in July 2017.

    Following this, the OGP Nigeria developed its first National Action Plan, NAP, of fourteen commitments with focus on four thematic areas of Fiscal Transparency, Anti-Corruption, Access to Information and Citizens’ Engagement.

    “One of the remarkable things about the OGP is that it was designed to function as a partnership between governments and the private sector. Without this coalition-building, I doubt that much progress would be achievable. Regardless of whether the goal is improving infrastructure or fighting corruption, it is clear, and

    it has always been, that governments cannot do it alone”

    In his welcome remarks, Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, who is the Co-chair OGP National Steering Committee, said five states in Nigeria has keyed into the OGP programme.

    The states include Kaduna, Kano, Anambra, Ebonyi and Niger.

    The British High Commissioner to Nigeria, Mr. Paul Arkwright, announced that the UK ministers have approved a new funding stream of 12 million pounds for priorities like Nigeria to deepen and implement open government reform committee.

  • Osinbajo: We saw no savings

    The Vice President Prof. Yemi Osinbajo on Monday recalled that on assumption of office, the rate of corruption in the country was threatening its existence, as the administration did not meet any savings.

    Osinbajo, who spoke in Abuja at the opening ceremony of the five-day Open Government Partnership Week 2018 in Abuja, added that the despite the billion of dollars invested in security, the Boko Haram did not abate.

    His words: “It was the reason why, in spite of record oil revenues between 2011 and 2013/14, we saw no savings, and very little investment in infrastructure and jobs, and, in spite of the billions of dollars reportedly invested in security, the Boko Haram insurgency did not abate.”

    According to him, the world is already extolling the government’s efforts at fighting corruption and deepening good governance.

    While speaking on the topic, ‘The impact of Open Government Partnership to Nigeria’s Anti-Corruption Efforts’, Osinbajo said, “For too long, the resources meant for the majority have been sadly cornered by a greedy minority”.

    He added, “Our government came into office on the back of a three-pronged agenda: ensuring security, rebuilding the economy, and vigorously prosecuting the fight against corruption.

    “This last issue, corruption, has been an existential issue for Nigeria, threatening the very fundamental of our existence.

    “It has ensured that, for too long, the resources meant for the majority have been sadly cornered by a greedy minority.

    “This issue of corruption underlines every aspect of our national life, from our security situation to the state of our economy.

    He said the President Muhammadu Buhari Administration, on coming on board, adopted a two-step approach to dealing with the scourge of systemic corruption first by stopping “grand corruption and the accompanying impunity”.

    He said the second step “and the more enduring one” was “creating a self- sustaining system that assures transparency and accountability”.

  • Facts on grand corruption under Jonathan-VP’s spokesman

    Spokesman of the Vice President, Laolu Akande has responded to claims that the allegations of corruption against the Peoples Democratic Party (PDP) government led by former President Goodluck Jonathan  are mere lies.

    He also denied that Vice President Yemi Osinbajo specifically mentioned former President Jonathan in the accusations against the past government.

    According to Akande, the facts in public domain on corruption in the last administration are “only a tip of the iceberg.”

    The statement is reproduced below:

    We have read reports attributed to “a media office of former President Goodluck Jonathan”. It is clear from the foul language of the authors that the statement could not have come from the former President, but from the motley group of loud and rude characters whose brief seems to be to deny all and anything said against the former PDP government and to do so in the crassest possible language.

     

    The alleged spokespersons of the former President say that  facts long in the public domain, some even being used to prosecute several corruption cases are lies and that those of us in government restating these well known facts are liars.

     

    They accuse Vice President Yemi Osinbajo, SAN, of lying against the former President or his government citing their  involvement  in the stealing of three billion dollars, while speaking recently at The Platform event on the 1st of May.

     

    Just for clarity, I quote the Vice President, “Grand corruption remains the most enduring threat to our economy. Three Billion US dollars was stolen in what was called the strategic alliance contacts in 2013, three Nigerians were responsible, today three billion dollars is one trillion Naira and our budget is 7trillion! ….”  (www.yemiosinbajo.ng/how-young-people-outside-politics-are-boldly-building-the-nigerian-nation-by-vp-osinbajo/)

     

    Two issues emerge. First, no mention is made of the former President.

     

    Second, the story is not only true, it has been in the public domain for almost three years and it is the subject of criminal investigation and trials both here and in the UK.

     

    The spokespersons also say that the allegations of corruption against the PDP government are mere lies. For clarity, the facts are laid out as follows:

     

    As the Vice President said, $3B was stolen in the so- called NNPC Strategic Alliance Contracts.  The three persons involved  are   Jide Omokore, Kola Aluko and the former Petroleum Resources Minister Diezani Alison- Maduekwe.  The companies of both Jide Omokore and Kola Aluko lifted Nigerian crude oil  and kept the proceeds.  The total sums converted is in excess of three billion dollars including royalties, taxes and fees unpaid for the asset from which the crude was taken.  The case is the subject of a trial in Nigeria, and criminal investigation in the US and UK, and the assets of all three individuals have been forfeited in Nigeria, the US and the UK.

     

    1. The criminal diversion and theft of sums in excess of $2.5 billion meant for purchase of arms to prosecute the war against Boko Haram: The first phase of the investigations revealed several sordid details, many of the assets of culprits have been seized from them and they are facing trial.

     

    1. The release of the sum of $289m in cash on February 25, 2015: Documents including cash vouchers indicate that the the sum of  $289,202,382 was taken  from the Joint Venture (JV) Cash Call Account No. 000-0000-11658-366 of the NNPC/NAPIMS with JP Morgan Chase Bank, New York, USA.

     

    1. N70 billion was released in parts from the national treasury between January 8 and February 25, 2015.

     

    5.In another illegal disbursement,  25th August 2014,   N60B in cash in tranches of N40billion and N20billion:   The sum was not tied to any project or procurement and was then shared between two security agencies under the supervision of the then NSA. Most of these sums ended up in the hands of senior PDP members some of whom have returned parts of the loot. Some are standing trial for these offenses. These facts are in the public domain.

     

    1. There was yet another set of illegal fund withdrawals under one week between January 8and 16, 2015, where the sum of N1.5 billion was released in three tranches of N300m, N400m and N800m respectively. This money was released from the MEA Research Library Account .

     

    1. Another document showed that N10 billion was released to the Office of the National Security Adviser by the Central Bank of Nigeria (CBN) on September 15, 2014. The money was released in tranches of foreign exchange of $47 million, $5 million, 4 million Euros and 1.6 million Euros. A letter from the Office of the NSA in November 2014 further showed that the monies were released as ‘funds for special services’. This particular release of N10B was sourced in November 2014 from a N40 Billion CBN released funds meant for Corporate Social Responsibility, CSR. Investigators showed that this money was released for the PDP Presidential Primaries.

     

    1. Lamido Sanusi, then CBN Governor was sacked for speaking up about the over $20billion missing from oil proceeds.

     

    These cases of grand corruption and open looting of public resources pauperized Nigeria and left us with little or no savings in the years when oil was selling at 100 to 114 dollars a barrel and we were producing 2.1 million barrels a day. When  in 2015 oil prices went even as low as between 28 and 35 dollars a barrel and oil production fell to less than one million barrels a day we had no buffer, no savings, to tide us through.

     

    The amount released from CBN in cash on a single day, ie the US$289M ( N88.1Bn) is  enough to  fund 244,000 N-Power graduates for a year, or pay for  1.2Billion school meals or  complete half of Lagos -Ibadan or half of Abuja -Kaduna -Kano roads.

     

     

    The Vice President also made the point  that in 2014 with oil prices as high as 120 dollars per barrel,  the total capital released for Power, Works, Housing, Defence, Transport, Agriculture and Defence were just N152Billion for the whole year.

     

    By contrast, the Buhari administration committed N578Bn to the same Ministries in 2016 with oil prices as low as US$28 per barrel as part of the strategy to end the recession. The government was able to do more with less by stopping grand corruption and impunity.

     

    Recently, the Minister Coordinating the economy in that administration has written a revealing book : Fighting Corruption is Dangerous: The Story Behind the Headlines. Who knows, perhaps her stories too are all lies!

  • One year of Executive Orders: So far, so…

    It is exactly one year after the signing of the Executive Orders on Ease of Doing Business by the then Acting President Yemi Osinbajo. Ibrahim Apekhade Yusuf in this report attempts a review of the high and low points of the much hyped initiative.

    One major activity of the then Acting President Yemi Osinbajo which he performed with aplomb and which naturally became an instant hit, especially with the media was the signing of three executive orders with the potential to significantly change some of the ways government business and operations are conducted in the country.  That was May last year.  However, the received wisdom out there is that one year down the line; the chickens may have literally come to roost.

    A recap of the Executive Orders

    The three orders signed by Mr. Osinbajo provide specific instructions on a number of policy issues affecting the ease of doing business in the country, support for local content in public procurement by the federal government, and timely submission of annual budgetary estimates by all government agencies, including companies owned by the federal government.

    Specifically, on the ease of doing business, the federal government mandated all ministries, agencies and departments to henceforth publish a complete list of all requirements or conditions for obtaining products and services within their scope of their responsibility.

    These, it explained, will include permits, licenses, waivers, tax-related processes, filings and approvals.

    “The list shall include all fees and timelines required for the processing of applications for the products and services; and be conspicuously pasted on the premises of the relevant MDA and published on its website within 21 days from the date of issuance of this order,” the statement said.

    It put the responsibility of verification of the list on the heads of the ministries and departments.

    Tourist and business entry visas to Nigeria, the federal government directed will also, henceforth, be issued or rejected with reason by the Consular Office of Nigerian Embassies and High Commissions within 48 hours of receipt of valid application.

    The federal government also ordered that all ministries, departments and agencies at airports must, within 30 days, merge their respective departure and arrival interfaces into a single customer interface, while all agencies physically present at the ports must, within 60 days, merge their operations into one single interface station in one location in the port. The directive gave specifics of the roles to be performed by the interface station.

    It also ordered the resumption of 24-hour operations at the Apapa Port within 30 days just as the federal government directed the Registrar-General of the Corporate Affairs Commission (CAC) to, within 14 days, ensure that all registration processes at the CAC are fully automated through the CAC website from the start of an application process to completion, including ensuring the availability of an online payment platform.

    Reality check

    However when our correspondent felt the pulse of stakeholders operating within the different business spectrum to give their scorecard thus far using the policy matrixes of government, their answers which rang loud and clear was that the federal government was yet to achieve the desired ideal.

    Speaking with a cross-section of experts, they expressed mixed feelings over the numerous policy pronouncement of the federal government in the last 12 months, especially as it concerns ease of doing business.

    In the view of Chief Cyprian Arinze, a haulage contractor, the Executive Order if anything amount to putting the horse before the cart. “If the government takes care of the roads, we can achieve over 95% Ease of Doing Business. Without this, we will just be going round and round the circles.”

    Echoing similar sentiments, Chief Remi Ogungbemi, Chairman, Association of Maritime Truck Owners (AMATO) argued matter-of-factly that the Executive Order is far from a reality as basic infrastructure aimed at turning things around at the ports are still missing.

    To achieve the much hyped executive orders mandate, he would rather a deliberate measure to build truck terminals. “I want to use this avenue to appeal to the concerned authorities to see what they can do because things are in terribly bad shape right now.”

    In his assertion, Austin Okere, the Founder and Entrepreneur-in-Residence at the Ausso Leadership Academy, an ideas incubation company express worry that the Economic Recovery Growth Plan laudable as it is already suffering from inertia associated with government policies.

    “I think the problem we have is that we run election economics. Great men think about the next generation but politicians think about the next election. And insofar as the economy is about amassing enough money  to manoeuvre or win the elections by all means, then another four years, we go back to the same square, then if a new government comes in, it starts exposing saying oh, look at the money that was amassed and they say it was for election and say, ok. The point is insofar as we continue to run election economics; we’ll be where we are. In an election year, a lot of time and resources are wasted. So we only have two productive years and if you’re not lucky, the new government comes and rollback everything that has been achieved, it becomes a problem.”

    Government defence

    Expectedly, the government on its part seems to be convinced that it has performed commendably well thus far.

    Uche Ejesieme Public Relations Officer, Tincan Island Customs Command, Lagos, in an interview with our correspondent recently while speaking on the level of compliance with the Executive Orders at the Tincan Customs Command, said, “Customs has been operating for 24 hours and this is because we believe that at any point in time we need to ensure that officers are on ground to attend to officials issues. So even before this Executive Order came to force, the Nigerian customs service has been operating 24 hours. So what we’re trying to do now is just to ensure a kind of a renewed approach based on the concept, letters and spirit of the Executive Order. And as a way of complementing the Executive Order, the Controller Tincan Island Ports, Yusuf Bashar, has also built a training facility that has 30 connected workstations where we conduct trainings for customs officers across the ranks and for stakeholders like maritime operators and even the media.”

    Expatiating, the Customs image-maker said the Command has complied very religiously with the spirit and letter of the Executive Order on Ease of Doing Business. “If you look at the signage on my door you’ll see Help Desk and the same thing has been syndicated in all the places round the port. This is just to create the necessary awareness that at any point of your clearing process, if you anticipate any challenge or you face any problem, once you come to the Help Desk, we’ll call the appropriate officer and make sure that they do the needful particularly when we see that you’ve a very clear case. But if it’s a case of noncompliance with the fiscal policies in terms of trade, it means that we’ve a responsibility to take a second look at that because Ease of Doing Business does not means that we’ll just close our eyes and everything will just go because it takes two to tango. If the operatives are compliant with the fiscal policies, making honest declaration, it’ll be very easy for Ease of Doing Business to thrive.”

    In a response to enquiries from our correspondent, Dr. Jumoke Oduwole, Senior Special Assistant to President on Trade and Investment as well as the Secretary of the Presidential Enabling Business Environment Council /Enabling Business Environment, said the federal government has since developed a national action plan which details the deliverables as well as template to tract development in key sectors of the economy. The report, she said is to be formally released to the public by the end of the month.

    However, David Uzosike, the Reform Lead, Presidential Enabling Business Environment Council/Enabling Business Environment Secretariat with the mandate to lead, coordinate, research and identify the constraints to ease of doing business in Nigeria, in an interview said a lot have been achieved.

    “If you’ve been following our communication, especially looking at our website, you’ll see all the reforms and impacts we have achieved from the Ease of Doing Business perspective. And when you talk about the Executive Orders specifically, we can say there has also been some traction in that area.”

    While acknowledging that infrastructure gaps exists, Uzosike said, a lot has also been done to make documentation process at the port seamless.

    “Truth be told, a lot has changed. For instance, where you used to have 14 documents for inspection, it’s now eight and where you used to have all the agencies inside the ports, with each of them coming one after the other to inspect containers; it has changed. Now all the agents operate with one single window. There are no more multiple points of inspection. So these are things that are really in practice.”

    Pressed further, he said, “Our aspiration is to get Nigeria into the top 50 economies in the World Bank Ease of Doing Business in 10 years while delivering direct impact of the reforms to Nigerians, especially, the MSMEs.”