The Governor of Edo State, Godwin Obaseki, has reacted to the Nigerian government’s denial that it printed money in March to support allocations to states.
The governor said the Federal Government must act quickly to end the “current monetary rascality”.
Obaseki, on Monday had lamented the fiscal state of the nation, saying by the country was effectively broke.
“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he said.
But the Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday said the claim was “untrue”.
“The issue that was raised by the Edo State governor for me is very, very sad, because it is not a fact,” Mrs Ahmed claimed.
Mrs Ahmed insisted that FAAC allocation was from revenues from different agencies of the Federal Government.
“What we distribute at FAAC is a revenue that is generated and in fact distribution revenue is a public information. We publish revenue generated by FIRS, the customs and the NNPC and we distribute at FAAC. So, it is not true to say we printed money to distribute at FAAC, it is not true,” she said.
The ruling All Progressives Congress (APC) also tackled Mr Obaseki, and rejected his claim that the Nigerian economy was in a critical situation due to a huge debt burden.
“The true position is that under Obaseki’s watch, the economy of Edo is in dire straits with the governor bereft of ideas on how to get it out,” the APC said.
“The state is engulfed in a foreign debt of 300 million dollars and a domestic debt including loans from commercial banks, the capital market, and other doubtful sources, approaching N120 billion as at March, for non-existent projects,” it said.
Mr Obaseki in a tweet on Thursday said, “We believe it is our duty to offer useful advice for the benefit of our country.”
“The Minister of Finance, Budget and National Planning, @ZShamsuna should rally Nigerians to stem the obvious fiscal slide facing our country,” the governor said.
“Rather than play the Ostrich, we urge the government to take urgent steps to end the current monetary rascality so as to prevent the prevailing economic challenge from degenerating further.
“We believe it is imperative to approach the Nigerian project with all sense of responsibility and commitment and not play to the gallery because ultimately time shall be the judge of us all.”
Insecurity: FG Resuscitates Special Terrorism Prosecution Courts
Attorney-General of the Federation (AGF), Abubakar Malami, has said that special terrorism prosecution courts will soon be resuscitated in Nigeria.
In a statement on Thursday, Special Assistant on Media and Public Relations to the AGF, Umar Gwandu, said the decision is part of efforts to address insecurity.
“The federal government is committed to ending insecurity in the country. The courts are to bring to book all those found guilty in connection with terrorism, so as to serve as a deterrent to others,” the statement read.
“In addition to the prosecution of 400 suspected Boko Haram financiers, the measures taken by the government will counter the twin trouble of insurgency and insecurity in the country.”
On April 30, 2013, Ibrahim Auta, the former chief judge of the federal high court, made a practice direction that amended the order 48 rule 4 of the federal high court (civil procedure) rule 2009, which took effect on June 3, 2013.
The practice direction was intended to fast-track criminal trials relating to offences of terrorism, kidnapping, trafficking in persons, rape, corruption, and money laundering cases, and ensure that delays in criminal trials are largely eliminated.
Under this practice, the court shall ensure that criminal cases are fully ready for trial before hearing dates are agreed, in order to minimise undue adjournments and delays.
Parties involved in the trials are also expected to focus only on important matters relating to their cases.
$65m Fraud: ICPC Declares Buhari’s Son-in-Law Wanted
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has declared Gimba Yau Kumo, son-in-law of President Muhammadu Buhari, wanted over an alleged $65 million fraud.
In a notice published on Thursday, Azuka Ogugua, spokesperson of the anti-graft commission, said Kumo is declared wanted alongside Tarry Rufus and Bola Ogunsola over alleged misappropriation and dispersion of national housing funds.
Kumo, a former managing director of the Federal Mortgage Bank of Nigeria, married Fatima, the president’s daughter, in 2016 at Daura, Katsina state.
“The persons whose pictures appear above, Mr. Tarry Rufus, Mr. Gimba Yau Kumo and Mr. Bola Ogunsola, are hereby declared WANTED by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in connection with issues bordering on misappropriation of National Housing Funds and diversion of the sum of Sixty Five Million dollars ($65,000,000),” the ICPC said.
“Anyone who has useful information on their whereabouts should report to ICPC Headquarters Abuja, any of the ICPC State Offices or the nearest police station.”
In April, the senate committee on public accounts summoned Kumo to explain the alleged irregular award of N3 billion contract when he was still at the bank.
Igbo Aren’t Violent People, Ignore ‘Rumour’ of Attack on Lagos – Ohanaeze Tells Sanwo-Olu
Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has asked Lagos State Governor, Babajide Sanwo-Olu, to ignore threats of attacks on the state.
On Monday, Hakeem Odumosu, Lagos commissioner of police, said the command is probing threats of attacks by the proscribed Indigenous People of Biafra (IPOB) and Oodua Republic agitators.
The groups have, however, denied the allegations.
Speaking at a meeting with Sanwo-Olu at the Lagos government house on Thursday, George Obiozor, Ohanaeze president-general, said the “rumour” is intended to distract the governor from delivering good governance to the people.
Obiozor said Igbo people are not known for acts of violence.
“Today, the leadership of Ohanaeze Ndigbo worldwide, in the company of Igbo elders and leaders in Lagos, are here to pay you (Sanwo-Olu) a solidarity visit and to further reassure you that Ndigbo are not violent in nature, neither are we known for acts of violence anywhere we live,” Gboyega Akosile, chief press secretary to the governor, quoted Obiozor as saying.
“[On] the constant and periodic dangerous insinuations, rumour, gossip and callous statements that Ndigbo in Lagos or any part of Yorubaland contemplate or instigate violence in Lagos or any part of Yorubaland, we wish to state clearly that anywhere this dangerous rumour or statement is emanating from is aimed to cause division, crises and conflict amongst us.
“We think that this rumour is intended to distract the Lagos State Government from its efforts to provide good governance for all and cause disaffection between Ndigbo who live in Lagos and their host community, which is the second home of several Ndigbo.
“The quick denial of this rumour by members of IPOB and Yoruba groups in Lagos and across the south-west was a source of relief.
“The Igbo nation is renowned for being agents of development, not destruction. Ndigbo are builders and their contributions to the development of Lagos State are evident and exemplary.”