Headlines
Iran Set to Announce Cause of Plane Crash, Denies Missile Attack
Iran’s civil aviation chief denied Friday that a missile downed a Ukrainian airliner which crashed killing all 176 people on board, rejecting Western claims of a catastrophic mistake by Tehran’s air defences.
The cause of the crash is to be announced Saturday after an investigating committee meeting in the presence of foreign and local parties involved, Iran’s Fars news agency said, quoting an “informed source”.
The report came as Ukraine said its experts had been granted access to the black box flight recorders and as US Secretary of State Mike Pompeo repeated it was “likely” an Iranian missile had downed the plane.
Tehran has been facing mounting international pressure to allow a “credible” investigation into the crash, which several Western governments have blamed on an accidental missile strike.
“One thing is for certain, this airplane was not hit by a missile,” Iran’s civil aviation chief Ali Abedzadeh said, after Tehran invited the US, Ukraine, Canada and others to join the investigation.
The Boeing 737 crashed on Wednesday shortly after Iran launched missiles at US forces in Iraq in response to the killing of top Iranian general Qasem Soleimani in a US drone strike in Baghdad.
It was Iran’s worst civil aviation disaster since 1988 when the US military said it shot down an Iran Air plane over the Gulf by mistake, killing all 290 people on board.
The majority of passengers on Ukraine International Airlines (UIA) Flight PS752 were dual national Iranian-Canadians but also included Ukrainians, Afghans, Britons and Swedes.
Vadym Prystaiko, the foreign minister of Ukraine which has sent around 50 experts to Tehran to take part in the Iran-led inquiry, said Friday: “Our team has now access to the black boxes”.
The experts, he said, also had access to the radio exchanges between the UIA pilots and Tehran air traffic control and were receiving “full cooperation” from Iran.
The Ukraine team, granted access to plane fragments and the crash site, will start analysing the contents of the black boxes, he added.
Pompeo, echoing several world leaders, said “we do believe it’s likely the plane was shot down by an Iranian missile”, adding a final determination would be made after a probe is conducted.
Canada demands answers
Canadian Prime Minister Justin Trudeau said intelligence sources indicated an Iranian surface-to-air missile downed the aircraft after it took off from Tehran.
“We know this may have been unintentional. Canadians have questions, and they deserve answers,” he said.
Abedzadeh rejected the claim. “Any remarks made before the data is extracted (from the plane’s black box flight recorders) … is not an expert opinion,” he said.”
Video footage, which The New York Times said it had verified, emerged and appeared to show the moment the airliner was hit.
A fast-moving object is seen rising at an angle into the sky before a bright flash appears, which dims and then continues moving forward. Several seconds later, an explosion is heard and the sky lit up.
Iran said a 10-member Canadian delegation was on its way to help with the probe, although the two countries cut diplomatic relations in 2012.
The Islamic republic also invited US plane maker Boeing to “participate” in the investigation.
Canada and the US National Transportation Safety Board said they received the invitations and would join the probe.
Abedzadeh said Tehran had invited “Americans, Canadians, the French, Ukrainians and the Swedish” to be present during the investigation.
European Union foreign ministers on Friday urged Iran to be transparent.
“The important thing now is that everything is completely investigated. Nothing must be swept under the table,” German Foreign Minister Heiko Maas said.
US President Donald Trump has indicated that Washington officials believed the Kiev-bound Boeing 737 was struck by an Iranian missile.
Headlines
IBB, Tambuwal, Ortom, Senators, Others Listed As FCTA Land Debtors
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.
Headlines
Senate Approves Tinubu’s ₦1.77trn Loan Request
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.
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Headlines
Simon Ekpa Arrested, Sent to Prison on Terrorist Propaganda Charges
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.