Headlines
Forget Your Ambitions, Support Southern Aspirants, Edwin Clark Tells Atiku, Saraki, Tambuwal
Ijaw national leader, Edwin Clark, has asked presidential aspirants from the north to reconsider their ambition.
In a statement issued on Monday, Clark asked northern aspirants — including former Vice-President Atiku Abubakar, Aminu Tambuwal, Sokoto governor, and Bukola Saraki, former senate president — to reconsider their stand on contesting the presidency in the interest of avoiding “chaos”.
Neither the former vice-president nor Saraki have officially declared their intention to contest the presidency, but there have been calls for both politicians to run for the position.
But Tambuwal had, on Monday, said he would soon begin consultations on whether to contest the presidency.
According to Clark, though the concept of zoning is not written in the constitution, “rotation of power” is in the interest of the country’s unity.
“Firstly, I wish to use this medium to advise my most respected Peoples Democratic Party (PDP) chieftains in the persons of former vice president, Atiku Abubakar, former president of the senate, Bukola Saraki, Aminu Tambuwal, governor of Sokoto state, and other PDP aspirants from the north, that in the interest of maintaining the unity of this country to which they have contributed so much, to re-consider their desire of wanting to contest for the presidential election in 2023, because both by the PDP constitution and by convention, it is now the turn of Southern Nigeria to produce the president of Nigeria in 2023, after President Muhammadu Buhari’s 8 years,” the statement reads.
“To do otherwise is to invite chaos, which will lead to the disintegration of our dear country.
“Zoning has been practised in the nation’s polity even before Independence, when Tafawa Balewa, in 1954, was the prime minister, Nnamdi Azikiwe was the governor-general.
“Zoning of political offices, particularly the presidency of the country, is the best antidote to breakup of Nigeria, and the panacea for peace and unity of the country.
“One of the reasons why the north opposed Chief Anthony Enahoro’s motion for independence in 1953, was that they felt they were not equal to the south in education; that they were not in a position to produce proportional candidates who will run an independent government with the south because at that time, they had only about 4 graduates.
“They subsequently walked out of the Parliament, went back to the north, and swore never to return to Lagos again.
“That was what led to the constitutional conferences held both at the Lancaster House in London and at Ibadan, Nigeria, purposely to keep Nigeria one.
“The impression was that no one group or section of the country, should dominate the government of Nigeria at the expense of other parts of the country.
“It is instructive that the nation’s two main parties, the APC and the PDP, have been religiously following the zoning and rotation system between the north and the south.
“By 2023, the north would have ruled for another 8 years. It is, therefore, rational and right, to insist that the presidency should rotate to the south. It does not matter whether the presidency has been produced from the APC or the PDP since 2015.”
He added that the south should also be left to decide which sub-region will produce the right candidate for the presidency.
“To which sub-region the presidency should be further zoned to in the south, is a different matter entirely. At the appropriate time, we will decide as to which area, section or region of the three regions of south east, south-south and south west, should have it,” he said.
“They are already campaigning through the length and breadth of the country, even after a northerner will be having a straight 8 years, come May 2023.
“Is it no longer not a negation of the ‘zoning agreement,’ for which former President Goodluck Jonathan was castigated? Is it no longer threatening the unity and survival of the country?
“As the intention of these and others who may follow will be going against the zoning system of the PDP, it may even be the deciding factor for the PDP, whether to be or not to be.”
TheCable
The Federal Capital Territory Administration (FCTA), on Thursday, published a list of 9, 532 alleged land title debtors in Abuja, giving them a two-week ultimatum to settle their outstanding bills.
The list, which includes prominent individuals and government agencies, was published on November 26, with defaulters expected to pay for their certificate of occupancy (C-of- O) within the stipulated timeframe.
Among those listed as defaulters is former Head of State, Ibrahim Badamosi Babangida (IBB), who owes N152 million for a plot of land in Asokoro, a highbrow area in the nation’s capital. IBB, who ruled Nigeria from 1985 to 1993, is not the only high-profile individual on the list.
Other notable defaulters include Samuel Ortom, former governor of Benue, who owes N950,000 for a plot of land in Bazango, and Aminu Tambuwal, senator representing Sokoto south, who owes N18 million for a plot of land in Carraway Dallas.
The FCTA has threatened to revoke the land titles of defaulters who fail to settle their bills within the stipulated timeframe. The administration has urged defaulters to settle their bills by e-payment to the “FCT department of land administration” account.
In addition to individual defaulters, some federal agencies, including the Nigerian Financial Intelligence Unit (NFIU), the navy, and police, were also named as defaulters.
The Lagos governor’s lodge in Asokoro, the Kaduna state government, and ‘State House Abuja’ were also listed as land title debtors.
This development is not the first time the FCTA has taken steps to recover outstanding debts from landowners. In June this year, the administration set up a committee to recover over N29 billion owed by property owners.
The committee has since identified 430 individuals and organisations as defaulters, with plans to prosecute them.
The FCTA has also partnered with anti-graft agencies, including the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), to check the activities of land grabbers in the territory.
The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.
The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.
The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.
Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.
The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.
The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.
According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.
The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.
Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.
March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.
The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.
July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.
Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.
Channels TV
Self acclaimed leader of the Indigenous People of Biafra (IPOB), Simon Ekpa, has been arrested by law enforcement in Finland.
The BBC reports that Ekpa was subsequently sent to prison by the district court of Päijät-Häme for “spreading terrorist propaganda on social media”.
Ekpa was said to have committed the crime in 2021 in Lahti municipality.
The Finnish National Bureau of Investigation (NBI) also arrested four other men over alleged terrorist offences.
A citizen of Finland and Nigeria, Ekpa has described himself as leader of the separatist IPOB group since Nnamdi Kanu’s incarceration.
Finnish police say Ekpa’s activities and social media rhetoric may have fanned the flames of violence in the south-east of Nigeria.
“He carries out these activities from his social media channels, for example,” said Otto Hiltunen, detective chief inspector of the NBI.
In February 2023, Ekpa was arrested by police at his residence in Lahti but was released after hours of questioning.
Using his social media channels, Ekpa had directed Igbos not to participate in Nigeria’s 2023 general election.
In September 2021, the Biafra agitator and secessionist denounced Nigeria and vowed to return the medal he won for the country at the 2003 African Junior Athletics Championships.
