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House of Reps Threatens to Arrest CBN Gov, Cardoso, Others

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The House of Representatives Committee on Public Petitions has issued a warrant of arrest on the Central Bank Governor, Olayemi Cardoso, for refusing to appear before it to answer questions on the oil sector.

The committee also ordered the arrest of the Accountant General of the Federation, Oluwatoyin Madein, and 17 others.

Among the 17 to be arrested are the heads of National Petroleum Investment Management Services (NAPIMS), Ethiop Eastern Exploration and Production Company Ltd, and Western Africa Exploration and Production.

Others are heads of Alteo Eastern E&P Co. Ltd., First Exploration & Production Ltd., The Md, First E&P Oml 8385 Jv, Heirs Holdings Oil and Mobil Producing Nigeria Unlimited (MPNU).

Also listed are Shell Petroleum Development Company (SPDC), Total Exploration & Producing Nig (TEPN), Nigeria Agip Oil Company (NAOC), Pan Ocean Oil Nig, Ltd, Newcross E&P Ltd and Frontier Oil Ltd.

The decision was taken on Tuesday during the sitting of the committee while considering a petition filed by one Fidelis Uzowanem.

The Chairman of the Committee, Michael Etaba (APC, Cross River), said Mr Cardoso and others have refused to honour its invitations.

Subsequently, a member of the committee, Fred Agbedi (PDP, Bayelsa), moved the motion to issue the warrant of arrest.

Mr Agbedi said the concerned persons should be made to appear before the committee on 14 December.

The motion was adopted by the committee, which ordered the Inspector General of Police, Kayode Egbetokun, to execute the warrant.

Section 89 of the 1999 constitution gives the National Assembly and its committees the power to issue arrest warrants in the course of an investigation.

Section 89 of the Constitution stated that “For the purposes of any investigation under section 88 of this Constitutional and subject to the provisions thereof, the Senate or the House of Representatives or a committee appointed in accordance with section 62 of this Constitution shall have power to –

“Issue a warrant to compel the attendance of any person who, after having been summoned to attend, fails, refuses or neglects to do so and does not excuse such failure, refusal or neglect to the satisfaction of the House or the committee in question, and order him to pay all costs which may have been occasioned in compelling his attendance or by reason of his failure, refusal or neglect to obey the summons, and also to impose such fine as may be prescribed for any such failure, refused or neglect; and any fine so imposed shall be recoverable in the same manner as a fine imposed by a court of law.

“(2) A summons or warrant issued under this section may be served or executed by any member of the Nigeria Police Force or by any person authorised on that behalf by the President of the Senate or the Speaker of the House of Representatives, as the case may require.

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Obasa Storms Lagos Assembly with Armed Men, Claims He’s Still Speaker

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Tension escalated at the Lagos State House of Assembly on Thursday as impeached Speaker Mudashiru Obasa made a dramatic return to reclaim his position.

Accompanied by heavily armed men, Obasa stormed the Assembly complex in a bold move that has thrown the State’s legislature into turmoil.

In a stunning turn of events, security details assigned to the substantive Speaker, Rt. Hon. Mojisola Meranda, were abruptly withdrawn on Thursday morning, clearing the path for Obasa’s controversial comeback.

Sources revealed that the Inspector General of Police (IGP) ordered the withdrawal of all security operatives attached to Meranda, leaving her exposed in the midst of an intensifying power struggle.

The Speaker’s Special Adviser on Information, Mr. Victor Ganzallo, expressed concern over the security vacuum created by the withdrawal of personnel.

“In the early hours of Thursday, we woke up to the startling news that all security details assigned to Madam Speaker, Mojisola Meranda, had been withdrawn.

This includes the police and DSS officers, leaving her exposed to threats amid the ongoing speakership crisis,” Ganzallo stated.

He further called on Governor Babajide Sanwo-Olu, as the State’s Chief Security Officer, to intervene urgently to prevent a complete breakdown of law and order within the Assembly.

“The withdrawal of security personnel has left the Assembly naked and vulnerable at a critical time. Urgent action is needed to restore order,” he pleaded.

With the speakership battle taking a dramatic new turn, political watchers are keenly observing how the crisis will unfold in the coming days.

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Pope Francis Showing ‘Slight Improvement,’ Vatican Confirms

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Pope Francis showed further improvement on Wednesday, the Vatican said, although it cautioned that “the prognosis remains reserved” for the 88-year-old fighting pneumonia.

“The clinical conditions of the Holy Father in the last 24 hours have shown a further, slight improvement,” said the Vatican in its nightly bulletin on the health of the pontiff, who has been in hospital since February 14.

“Although a slight improvement is being recorded, the prognosis remains reserved,” it said.

The Argentine pope was originally admitted to Rome’s Gemelli hospital with breathing difficulties and bronchitis, but his condition subsequently deteriorated, sparking widespread concern among Catholics.

Respiratory attacks he suffered at the weekend that required high levels of oxygen and blood transfusions have not been repeated, according to the Vatican, although he continues to receive oxygen and do breathing exercises.

On Wednesday, the Vatican said a CT scan performed Tuesday showed “normal progression of the pulmonary inflammatory condition” while blood tests on Wednesday confirmed the improvement.

It also said that a mild renal insufficiency detected at the weekend “had resolved.”

As Catholics across the globe pray for Francis, doctors have warned the path to recovery could be long, with the Jesuit pontiff likely staying in hospital beyond this week.

Despite his critical condition, the leader of the world’s nearly 1.4 billion Catholics has kept up with Church matters from his hospital suite, according to the Vatican.

Now on his 13th day in the hospital, the Pope Wednesday was “sitting in a chair, and continuing with the treatment as normal”, a Vatican source said.

The Vatican said he received the Eucharist in the morning and spent his afternoon working.The current hospitalisation is Francis’s fourth and longest.

The pope, who had part of one of his lungs removed as a young man, has suffered increasing health problems in recent years.

He is prone to bronchitis and suffers from hip and knee pain, which has made him reliant on a wheelchair.

Pilgrims and faithful have been flocking to the Vatican and the Gemelli to pray for Francis, with a fresh round of prayers held in St Peter’s Square later Wednesday evening.

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Trump Vows to Sell ‘Gold Card’ US Visas for $5m

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US President, Donald Trump, has unveiled plans to sell new “gold card” residency permits for a price of $5 million each, saying Russian oligarchs may be eligible.

Trump said sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

“We’re going to be selling a gold card. You have a green card, this is a gold card. We’re going to be putting a price on that card of about $5 million,” Trump told reporters in the Oval Office.

The Republican president, who has made the deportation of millions of undocumented migrants a priority of his second term, said the new card would be a route to highly prized US citizenship.

“A lot of people are going to want to be in this country, and they’ll be able to work and provide jobs and build companies,” Trump said.

“It’ll be people with money.”Sales of the cards would start in about two weeks, Trump added.

“We’ll be able to sell maybe a million of these cards. We have it all worked out from a legal standpoint,” Trump added.

The billionaire former real estate tycoon said that all applicants for the new gold cards would be carefully vetted.

But asked if wealthy Russians would also be able to apply, Trump said it is a possibility.

“Possibly. I know some Russian oligarchs that are very nice people. It’s possible,” Trump said.

“They’re not as wealthy as they used to be. I think they can. I think they can afford $5 million.”

A number of Russian oligarchs have been hit by western sanctions since Moscow’s invasion of Ukraine three years ago.

Trump has caused shock in European capitals by suddenly opening negotiations with Russia to end the war, amid fears that he could be willing to sell Ukraine short.

The US president told reporters that lifting sanctions on Russia was possible “at some point” but was not currently on the table.

US Commerce Secretary Howard Lutnick, standing at Trump’s side in the Oval Office, said of the gold cards that “we can use that money to reduce our deficit.”

Trump, who has branded a series of hotels and casinos in a long business career, even suggested the new cards could also be named after him.

“Somebody said, ‘Can we call it the Trump gold card?’ I said, ‘If it helps, use the name Trump,’” he said.

AFP

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