Headlines
We’ve Arrested Abdulrasheed Maina, Son, Says DSS
Nigeria’s State Security Service (SSS) on Wednesday confirmed its arrest of the former Chairman of the Presidential Task Team on Pension Matters (PRTT), Abdulrasheed Maina.
In a statement issued by its spokesperson, Peter Afunanya, the agency said it arrested Mr Maina and his 20-year-old son, Faisal, at the Pennsylvania Avenue Hotel, Utako, Abuja, on September 30.
The secret police said Mr Faisal tried to resist arrest after he pulled out a pistol, but was, however, disarmed and arrested.
It further said that the arrest followed a request by the Economic and Financial Crimes Commission, (EFCC) to the Service to assist in the apprehension of the suspect.
The EFCC had earlier declared Mr Maina wanted over fraud allegations regarding the use of funds meant for Nigerian pensioners.
“Maina was arrested in the company of his 20-year-old son, Faisal Abdulrasheed Maina, who unsuccessfully tried to resist the arrest,” the DSS said.
“The lad even pulled a pistol against the security agents involved in the operation,” the statement read.
“He was, however, disarmed and arrested. He is a final year student at the Canadian University of Dubai where he is studying Telecoms Engineering.
”Items recovered from the suspects include a pistol with live ammunition, a bulletproof Range Rover SUV, a BMW Saloon car, foreign currencies, a Phantom 7 drone, and sensitive documents.”
The SSS further stated that the suspects and the recovered items will be handed over to the EFCC for further investigations and further actions.
The Federal Civil Service Commission had dismissed Mr Maina in 2013 for absconding from duty, following a recommendation by the office of the Head of Service.
On the Run
Mr Maina was in 2012 accused of leading a massive pension fraud scheme amounting to more than N100 billion. Ironically, he had been drafted by the then Goodluck Jonathan administration in 2010 to sanitise a corrupt pension system.
The Senate Joint Committee on Public Service and Establishment and State and Local Government Administration, which investigated the allegations, indicted Mr Maina and issued a warrant of arrest on him.
Mr Maina sued the Senate and the then Inspector-General of Police, Mohammed Abubakar, and thereafter went into hiding after being declared wanted by the police.
He was dismissed from the civil service for allegedly absconding from duty and attempting to evade arrest and charged to court.
He was on July 21, 2015, charged by the EFCC, alongside the former Head of Service, Stephen Oronsaye, and two others with fraud. While Mr Oronsaye and the two other accused were in court and pleaded not guilty to the charge, Mr Maina remained at large.
Nothing was heard of him until shortly after the emergence of President Buhari in 2015 when members of his defunct Presidential Task Team on Pension Reforms offered to work with the then incoming administration.
The team, which addressed a press conference in Abuja, said its work would be easier under Mr Buhari, known for his anti-corruption stand.
PREMIUM TIMES found in October 2017 that the new government secretly reinstated and promoted Mr Maina.
Amid a nationwide outrage ignited by the disclosure, President Buhari ordered the immediate sack of Mr Maina.
It later became clear Mr Maina was reinstated with the knowledge of the then Minister of Interior, Abdulrahman Dambazau, and Minister of Justice, Abubakar Malami. The then Head of Service, Winifred Oyo-Ita, said the decision was taken without her approval.
Mrs Oyo-Ita in a leaked memo to the Chief of Staff to the President, Abba Kyari, said she warned Mr Buhari against the reinstatement.
Mr Maina himself said his reinstatement was ordered by President Buhari.
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.
