Month: April 2024

  • We will make agriculture our mainstay, assures Governor Otu,*

    We will make agriculture our mainstay, assures Governor Otu,*

     

    _…receives fact-finding committee report on activities of ENG-HUAT rubber industries limited

     

    By Flowerbudnews

    Cross River State Governor, Senator Bassey Otu, has assured that his administration is committed to ensuring that the rich agricultural endowment of the state is developed, and made to become the economic mainstay of the state.

    Gov. Otu was speaking in Calabar, when he received detailed report from the fact-finding committee set up to look into the activities of ENG-HAUT Rubber Industries Limited, located at Uyanga in Akamkpa Local Government Area of the state, NSA Gill, Chief Press Secretary to the Governor, disclosed in a statement.

    the governor reminisced about the prosperous era of Sir Michael Okpara, the late Premier of the defunct Eastern Region, when Oil Palm, Rubber and Cocoa were the mainstay of the region, which encompassed the present-day Cross River state.

    He expressed confidence that his administration could rejuvenate the past glories, when Cross River was renowned as a state where agriculture was the economic mainstay, and all the potential of the rubber plantations, oil palm and cocoa endowments were fully operational and profitable for the state.

    Governor Otu thanked the fact-finding committee, led by the Chairman, Major General Okoi Ubi Obono Rtd, who was represented at the report presentation by the committee’s Secretary, David Amlye Esq., noting that what they did, from the report presented, would have impact beyond the current generation.

    The governor promised to critically look into their report, and the committee’s recommendations, in order to ensure that the steps to be taken would turn around the fortunes of the industry.

    Speaking when making the presentation of the committee’s report to the governor, Major General Obono Rtd. told the governor that ENG-HAUT rubber industries limited owed the state over one hundred and seventy eight million naira, for non-payment of ground rent dating back to 2006.

    The committee made six-point recommendations, including suggesting the revocation of the Right of Occupancy, by invoking the Sections 1 and 28 of the Land Use Act of 1978.

    The committee also suggested that due process be followed in acquiring the company’s land, but where compensation was to be paid, the amount should be deducted from the accumulated ground rent owed the state government by Eng-Haut rubber industries limited. (Flowerbudnews)

  • EFCC Hands over 14 Forfeited Properties to Enugu State

    EFCC Hands over 14 Forfeited Properties to Enugu State

     

    By Biola Lawal

    Flowerbudnews:  The Economic and Financial Crimes Commission, EFCC has handed over 14 properties initially forfeited to the Federal government and now ceded to the government and people of Enugu State.

    The transfer of the properties to Enugu State governor, Dr Peter Mba was performed by the Executive Chairman of EFCC, Mr Ola Olukoyede at the corporate headquarters of the Commission” a statement by Dele Oyewale EFCC Spokesman, disclosed.

    Speaking before the brief handover ceremony, Olukoyede disclosed that the road to the forfeiture dated back to 2007, noting that the event spoke of the mutually beneficial relationship  existing  between the federal government and states.

    “What we are witnessing today testifies to a symbiotic relationship that should exist between the federal government and the state governments.

    ”The essence of our meeting here today is for us to handover properties that were forfeited to the federal government, which of course belong to Enugu State people back to the people.

    ”It shows that governance can work in Nigeria. Our people deserve the benefits of good governance and that is what is being evidenced here today.”

    Speaking further, he said, “If you look at the history of this particular matter, it takes us back to 2007 when we started the prosecution. So we are looking at about 17 years since the matter has been on.

    ”Eventually some of the properties were forfeited and since then, the EFCC has been managing those properties even though the titles of quite a number of the properties have been revoked by the Enugu State government.

    ”What we are witnessing here today is the official handing over of the properties to the people of Enugu State through His Excellency, Dr Peter Mba,” Olukoyede said.

    Earlier in his remarks, Governor Ubah expressed gratitude for the  handover and thanked the EFCC chair and the Commission for ensuring that the people of his state reclaimed their common patrimony.

    “I would like to express my profound gratitude for the event we are witnessing today. The importance and significance of this event can never be lost on us and we do not also take it for granted.

    ”So I want to take this opportunity to convey my profound gratitude and deep appreciation to the chairman and members of the EFCC team that have brought us to where we are today.

    ”This is a journey that began several years ago and we are marking a formal closure to that journey here today.  A journey that saw the successful prosecution of certain companies in possession of assets belonging to the people of Enugu State,”

    The governor who, noted that the properties were forfeited not to his state but to the federal government expressed gratitude to President Bola Tinubu for making it possible for them to be returned to the government and people of Enugu State.

    “Those assets were forfeited to the federal government. And this brings me to another gratitude that I want to convey here today.

    ”I want to acknowledge and recognize the important role played by the President, His Excellency Bola Ahmed Tinubu. Without the proactiveness and speed at which he acted on our request to cede these assets back to the people and government of Enugu State, we wouldn’t have been here today.

    ”So I want to thank him most sincerely for granting our request for these assets that were forfeited to the federal government to be ceded back to Enugu State.”

    He lauded Olukoyede’s initiatives at making the EFCC a strong institution and cautioned against attempts by some individuals to distract the Commission.

    “I will not end this remark without acknowledging the work the EFCC chairman is doing in strengthening this very important institution.

    ”It is important that we do not weaken our institutions. Whatever we do in governance is transient. So I want to commend him for the efforts he is making in ensuring that this very important institution, the EFCC is strengthened.

    ”Thank you very much for all the great work you and your team are doing and particularly for the effort that you have put in to make today a reality,” the governor stated.

    The properties comprise houses, transmission equipment for radio and television stations, a building for medical operations, among others. (Flowerbudnews)

     

  • CSOs urge INEC to fund election monitoring activities

    CSOs urge INEC to fund election monitoring activities

     

    By Flowerbudnews
    Civil Society Organisations (CSOs) have urged the Independent National Electoral Commission (INEC) to fund thier election monitoring activities during election in Nigeria.

    The CSOs gave the advice during the INEC quarterly Consultation meeting with the CSOs in Enugu on Wednesday.

    Speaking during the meeting, the Chairperson, Enugu Civil Society Network, Mr Emma Acha, said that CSOs in other countries were sponsored by their government, adding that the case of Nigeria was different.

    Acha urged INEC to start making use of logistic companies in terms of transportation because those companies were likely not having any affiliation with any political party.

    Mrs Amaka Nweke, Country Director, Global Society for Anti- Corruption, said that some of the CSOs did not have opportunity to get fund elsewhere, adding that funding the group would help to strengthen the election process.

    The Executive Director, Hope Giver Initiative, Mrs Onyeka Udegbunam, said that it was the responsibility of the Federal Government to fund CSOs and not the duty of INEC,” she said.

    Udegbunam said that to avoid challenges associated to the election process, there must be the will power by the INEC.

    “INEC must have the will power to implement all the reports presented to it as regards what the CSOs observed and reported to it during the elections,” she urged.

    Mr Obinna Nebo, Executive Director, New Century Initiative, said that INEC had the capacity to empower the CSOs.

    Nebo urged the commission to improve on its publicity on accessibility of voters cards so as to avoid challenges in transfer of people’s voters card.

    The Chairman, Enugu State Joint National Association of Persons with Disability, Mr Onyebuchi Mba, urged INEC to include those with disability in its election process.

    Mba said that most of the promises made to them were yet to be seen practically, urging the commission to bring in online voting process for the fear of insecurity.

    Mrs Virginia Obianyo, Program Officer, Civil Resource Development Documentation Centre, called on INEC to ensure that its staff comply with the election guidelines and electoral laws.

    Obianyo urged INEC to fund its staff to go to their communities during August meeting for sensitisation so as to gain back the people’s confidence.

    Responding, the INEC’s Resident Electoral Commissioner, Dr Chukwuemeka Chukwu, said that the purpose of the meeting was to identify some of the areas of challenges as regards the election.

    Chukwu said that the issue of logistics was not from INEC, adding that transportation was one of the challenges.

    According to him, the best option is to work with the National Union of Road Transport workers because of numerous polling units in the 17 Local Government Areas of the state.

    He said it was not the INEC responsibility to sponsor CSOs because it was a voluntary activities of individuals.

    He explained that before the election, INEC handled a program which was on access to polling units and people who applied for transfer of their voters cards got their cards before the election.

    He added that political parties primaries were political parties affairs, noting that it was the INEC duty as an organisation that conducts election to check weather they were doing it according to the law.

  • NIGERIA REVOKES 924 DORMANT MINING LICENCES

    NIGERIA REVOKES 924 DORMANT MINING LICENCES

     

     

    By Biola Lawal

    Abuja (Flowerbudnews):  The Federal Government has revoked a total of 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying.

    The Minister of Solid Minerals Development, Mr. Dele Alake who announced the revocation on Wednesday in Abuja said that it was part of government efforts to sanitise Nigeria’s mining sector

    This was disclosed in a statement by Segun Tomori, Special Assistant on Media to Minister of Solid Minerals Development.

    Alake declared that in line with constitutional provisions, adequate notice was given to all concerned parties through the official Gazette of the Federal Republic of Nigeria, No. 227, which was published on December 27, 2023.

    ” The notice gave all concerned parties 30 days to regularise their status, including clarifications on what caused the license to be dormant. Thus, although a total of 963 licensees were published and notified of the threat of revocation, no fewer that 39 either moved to site immediately or convinced the authorities of the challenges hindering their operations”, the Minister said.

    Of the 928 dormant licences revoked, 528 were for exploration; 20 mining leases; 101 for quarrying, and 273 Small Scaled you want Mining Licences (SSML).

    The Minister said owners of the revoked licences have 30 days to redeem them by paying fines.

    ” For revoked Mining Licenses, a fine of N10m applies; N7.5m for Small Scale Mining License (SSML) while N5m for Exploration License (EL). They will be required to make the payments within 30 days to qualify for consideration, “Alake said.

    “Investors across the globe are now free to apply for any of the affected Cadastral Units on the basis of “first come, first served. ” It is our belief that this decision will sanitise the licensing system by penalising those who have commercialised the opportunities offered by the sector into a bazaar, ” Alake said. (Flowerbudnews)

     

  • Civil servants to benefit first from credit scheme as CREDITCORP takes off

    Flowerbudnews

    Abuja: CreditCorp is ready for take off as President Bola Tinubu approved the first phase of the Consumer Credit Scheme.

    But civil servants will first access the credit provided by the agency before it is thrown open to all Nigerians in other phases.

    Interested civil servants have up till 15 May to indicate interest in seeking credit from CREDITCORP. They can do this by visiting credicorp.ng.

    President Tinubu believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role.

    The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following:

    (1) Strengthening Nigeria’s credit reporting systems, ensuring every economically active citizen has a dependable credit score. This score becomes personal equity they build, facilitating access to consumer credit.

    (2) Offering credit guarantees and wholesale lending to financial institutions dedicated to broadening consumer credit access today.

    (3) Promoting responsible consumer credit as a pathway to an improved quality of life, fostering a cultural shift towards growth and financial responsibility”.

    Source: Ajuri Ngelale, SA Media and Publicity

  • President Tinubu appoints Chargé d’affaires (en titre) CDAs and Consuls General for embassies

    President Tinubu appoints Chargé d’affaires (en titre) CDAs and Consuls General for embassies

     

    By Flowerbudnews

    President Tinubu appoints Chargé d’affaires (en titre) CDAs and Consuls General for embassies

    NAMES OF CHARGÉ
    D’AFFAIRES (EN TITRE)

    1.Amb. Saidu Mohammed DODO
    Damascus – Syria

    2.Amb. Patrick Imoudu
    IMOLOGHOME Pyongyang – Democratic Peoples’ Republic of Korea

    3.Amb. Francisca Kemi OMAYULI – Singapore, Singapore

    4.Amb. Babagana AHMADU
    Bangui – Central African Republic

    5.Amb. Mohammed MOHAMMED
    Tripoli – Libya

    NAMES OF CONSUL GENERAL

    1.Amb. Auwalu Jega NAMADINA – Atlanta, USA

    2.Amb. Nnamdi Okechukwu NZE
    Bata – Equatorial Guinea

    3.Amb. Francis Ntui ENYA –
    Douala Cameroon

    4.Amb. Gbadebo AFOLABI –
    Shanghai, China

    5.Amb. Oludare Ezekiel FOLOWOSELE –
    Hong Kong, China

    6.Amb. Abubakar JIDDA –
    New York, USA

    7.Amb. Yakubu Audu DADU –
    Frankfurt, Germany

    8.Amb. Taofik Obasanjo – Coker
    Buea, Cameroon

    9.Amb. George Collins ONWUEKWE –
    Guangzhou, China

    10.Amb. Umar Ibrahim BASHIR –
    Johannesburg, South Africa

    11.Amb. Zayyan IBRAHIM –
    Dubai, UAE

    12.Amb. Muazam Ibrahim Jibrin NAYAYA – Jedda, Saudi Arabia

    Minister of Foreign Affairs, Tuggar has urged the appointed Chargé D’affaires and Consuls General to serve as effective representatives of Nigeria, highlighting their crucial role in furthering President Bola Ahmed Tinubu’s economic goals.

    He emphasized the importance of remaining focused on their diplomatic duties as experienced diplomats, urging them to steer clear of engaging in political activities and instead rededicate themselves to the noble pursuit of diplomacy for the benefit of Nigeria’s progress and common good.

    Representing the newly appointed individuals, Ambassador Abubakar Jidda, the just designated Consul General for the Consulate in New York, emphasized his colleagues’ dedication to maintaining the principles of their profession and promised to attract crucial investments to the country.

    He also expressed gratitude to President Bola Ahmed Tinubu and the leadership of the Ministry of Foreign Affairs for entrusting them with this responsibility. The newly appointed individuals are expected to start their duties right away.

    *#PresidentialVillaUpdates*

  • South Africa’s Cape Town to become Africa’s wealthiest city by 2030: report

    South Africa’s Cape Town to become Africa’s wealthiest city by 2030: report

     

    Cape Town, the legislative capital of South Africa, is on track to overtake Johannesburg, the country’s largest city, to become Africa’s wealthiest city by 2030, according to the 2024 Africa Wealth Report.

    CAPE TOWN:  (Xinhua) /Flowerbudnews: — Cape Town, the legislative capital of South Africa, is on track to overtake Johannesburg, the country’s largest city, to become Africa’s wealthiest city by 2030, according to the 2024 Africa Wealth Report.

    The latest report, published by international wealth advisory firm Henley & Partners in collaboration with global wealth intelligence partner New World Wealth, estimates that the total investable wealth currently held on the African continent amounts to 2.5 trillion U.S. dollars, and its millionaire population is set to increase by 65 percent over the next 10 years.

    It reveals that there are currently 135,200 high-net-worth individuals (HNWIs) with liquid investable wealth of 1 million U.S. dollars or more living in Africa, along with 342 centi-millionaires worth 100 million U.S. dollars or more, and 21 dollar billionaires.

    Despite a tough past decade that saw a 20 percent decline in its millionaire population, South Africa remains home to over twice as many HNWIs as any other African country, with 37,400 millionaires, 102 centi-millionaires, and five billionaires, followed by Egypt with 15,600 millionaires, 52 centi-millionaires, and seven billionaires, according to the report.

    Nigeria sits in third place with 8,200 HNWIs, followed by Kenya (7,200 millionaires), Morocco (6,800), Mauritius (5,100), Algeria (2,800), Ethiopia (2,700), Ghana (2,700), and Namibia (2,300), all of which making up the top 10 wealthiest countries in Africa.

    At the city level, Johannesburg maintains its status as the wealthiest city in Africa, boasting 12,300 millionaires, 25 centi-millionaires and two billionaires. Cape Town follows closely behind, with 7,400 millionaires, 28 centi-millionaires, and one billionaire. Cairo (7,200 millionaires), Nairobi (4,400), and Lagos (4,200) also stand out as key urban wealth hubs.

    However, the report points out that Cape Town is currently benefiting from the ongoing “semigration” of large numbers of HNWIs from other parts of South Africa, especially Johannesburg, and Pretoria.

    The city is also an increasingly popular retirement destination for migrating millionaires from Europe and the rest of Africa.

  • FG’s diaspora mortgage ‘ll end swindling of Nigerians for home by builders, relations – Lawal

    FG’s diaspora mortgage ‘ll end swindling of Nigerians for home by builders, relations – Lawal

     

    By Chioma Ugboma

    Lagos:  (NAN) Mr Ayoola Lawal, erstwhile secretary, APC Committee of Diaspora Chairmen, says the Diaspora Mortgage Scheme by the Federal Government will end swindling of Nigerians for houses in home country.

    Lawal, a Nigerian based in Sweden, also commended the Nigerians in Diaspora Commission (NiDCOM) and the Federal Mortgage Bank of Nigeria (FMBN) for finalising arrangements for take off of the scheme.

    Recall that NIDCOM and FMBN at a meeting on April 20, assured Nigerians in the diaspora that the mortgage scheme would be operational within the next three months.

    The detailed scheme came out of a recent meeting between Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, and Mr Shehu Usman Osidi, Managing Director of FMBN, toward integrating the Nigerian diaspora in economic and developmental plans of the country.

    In a statement on Tuesday, Lawal, also a former APC chairman in the Scandinavia countries, said that many Nigerians had stayed away from coming home to build because of ugly experiences in the hands of relations and contractors.

    “There are so many cases of people who send money home to build but on return, funds out that they have been swindled and not a block to show for it.

    “Some of these people worked hard to send their entire life’s savings only to be swindled.

    “Some contractors are not left out in the fraud. The issue has so demoralised many Nigerians abroad that many have vowed not to return to build.

    “This scheme will allow Nigerians abroad to own homes in home country without having sleepless nights.”

    Lawal urged Nigerians in all parts of the world to take advantage of the scheme to own homes anywhere in their home country as soon as it became fully operational.

    “This innovative partnership between NiDCOM and FMBN is a critical step in leveraging the diaspora for economic development.

    “It exemplifies an active and committed attitude toward national development and reflects a profound commitment to the leveraging of our global community toward mutual growth.

    “This scheme is, will therefore, enable Nigerians in the diaspora to afford a credible investment opportunity that will further enhance their contributions to the economic sustainability of Nigeria.”

    The APC chieftain said that the scheme is one of the keys to raising Nigeria’s Gross Domestic Product and ensure meaningful contributions to the Nigeria socio-economic landscape.

    “The setting up of a technical committee to manage this project in a bid that offers balanced representation and expert oversight can only stand it in good stead, hence increasing the potential for its success.

    “This scheme attests to the dedication of the Nigerian government to its diaspora community, and I am sure that it will further strengthen the relationship between our country and its global citizens,” he added.

    He said the initiative was already being applauded by many Nigerians in the diaspora and urged that the take off date should be sacrosanct. (NAN)

  • Ex- judge’s daughter seeks share of late father’s property

    Ex- judge’s daughter seeks share of late father’s property

     

    Flowerbudnews
    Ann Eniyamire, the daughter of former Abuja Customary Court of Appeal President, Justice Moses Bello, on Wednesday, prayed an FCT High Court sitting in Bwari to declare that she is entitled to 11.11 per cent of all her late father’s property, including estates.

    Eniyamire told Justice Mohammed Madugu, through her lawyer, Yahuza Mahraz, to grant her the entitlement in line with her late father’s will.

    The News Agency of Nigeria (NAN) reports that in the suit marked: CV/667/2024, Eniyamire sued Reverend Father Ezekiel Awolumate and Christ the King Catholic Church Okene Parish as 1st and 2nd defendants.

    Her lawyer contended that his client was short-changed by the executor of the will, Reverend Father Ezekiel John (1st defendant) and another.

    The claimant, in the affidavit attached to the motion, deposed that her late father instructed that all his assets be shared between his wife and the children following an 11.11 per cent sharing formula.

    She, therefore, accused the defendants of adopting a sharing formula of 4.16 per cent.

    Eniyamire, who has 38 reliefs, urged the court to reverse the alleged decision of the defendants, relieve them of their duties (as executors of her father’s will) and restore 11.11 per cent of her father’s property to her.

    She also sought a declaration that the claimant is entitled to a share of 1/9 or 11.11 per cent of all her late father’s assets of shares and stocks.

    She equally sought an order directing the defendants to account, tender and hand all necessary documents
    with regards to administration, management and distribution of the estates of the claimant’s late father to any appointed administrator general, among others.

    When the matter was called on Wednesday, Mahruz told the judge that hearing on his case was ripe.

    But the defendants’ counsel, Adewale Adegboyega, told the judge that he had filed a preliminary objection challenging the competence of the suit.

    Justice Madugu, who said it was not convenient to take the matter today, consolidated the defendants’ notice of preliminary objection and the claimant’s motions so that they could be taken together in tye next adjourned date.

    He then adjourned the matter until June 4 for definite hearing.(NAN)(www.nannews.ng)