Headlines
Presidency Insists Boko Haram Has Been defeated
The Presidency on Tuesday night declared that the real Boko Haram has been defeated.
A statement by the Senior Special Assistant on Media and publicity, Garba Shehu, said that what is in existence now is a mixture of remnants of the Boko Haram, fugitive criminals and the Islam in Maghreb
He said “The position of the Nigerian government is that the Boko Haram terrorism has been degraded and defeated. The real Boko Haram we know is defeated.
“What we have now is a mixture of remnants of the Boko Haram, fugitive criminals and the Islam in Maghreb together with West African terrorists bonding together. This is a fall out of the collapse of the Libyan State, and from farther away, of the Islamic State in Iraq, Syria and Lebanon. They are taking advantage of our porous Sahelian borders.
“As a consequence of these international gangs, we have seen an increase of trans-border crimes and the proliferation of small arms in the Lake Chad Basin area. Outrages are common in Niger, Mali, Chad and Cameroon.
“Nigeria is a large country covering nearly one million square kilometres. This is roughly equivalent to the size of France and Germany put together. In addition to our porous borders, in the neighbouring Sahel-Sahara region, a lot of ungoverned areas provide haven for terrorists’ occupation and training.”
He pointed out that without the tremendous efforts of armed forces and the joint operations by the Nigeria-led Multinational Joint Task Force, MNJTF, he said that the single problem of illegal arms flow would have been much worse.
At the moment, he said that the Nigerian government under President Muhammadu Buhari has made the country safer than it met it.
He said “In 2015 when he took power, Boko Haram terrorism was active in nearly half the number of states in the country. They controlled a territory the size of Belgium, with a flag and systems of administration and taxation of their own.
“Emirs and Chiefs had fled their domains along with hundreds of thousands of ordinary citizens. Such is no more; they have been taken from them.
“At present, terrorist activities have been confined to the remote, rural agrarian areas of Borno State and pockets of outrages in Adamawa and Yobe States.
“As the situation develops, our fantastic armed forces are changing their tactics. Just recently, they launched “Super Camps.” The essence of this is to act proactively and respond quickly to the changing nature of terrorism.
“In addition to the additional support the government of Nigeria is receiving from friendly countries across Europe, United States and the Middle East, the Nigerian government is spending large sums of money in weapons procurement to keep our military in good fighting shape.
“While the military arsenal is not something you pay for and get, requiring mostly long-time orders, weapons will come in accordance with the terms of contracts.
“This country is expecting the commencement of the delivery of Super Tucano fighter jets, very effective in this kind of warfare, beginning next year from the United States.”
According to him, the administration has embarked on an ambitious electronic/digital border monitoring scheme to curtail the porosity of the borders.
He said that the government is working with the UN agencies, the World Bank, the Islamic Development Bank, donor agencies and friendly countries, providing solutions to backwardness in development and poverty in the sub-region.
He stressed that kat the very heart of recruitment schemes of the terrorists lies the issue of poverty.
“A few weeks ago, the administration inaugurated the Northeast Development Commission, to fast track development and poverty eradication in the affected areas.
“The Buhari administration is strongly encouraged by successes recorded so far by our armed forces and the MNJTF, and is optimistic that in the same way as our military defeated the Boko Haram, so would the ISWA terrorism be defeated,” he said
Premium Times
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.
