Day: April 14, 2025

  • Be courageous to nullify elections that fail stipulated laws, group urges courts

    Be courageous to nullify elections that fail stipulated laws, group urges courts

     

    Flowerbudnews

    The Abuja School of Social and Political Thought (TAS) has urged the courts to summon the courage to nullify elections that are not in compliance with stipulated laws.

    The Executive Director of the school, Dr Sam Amadi, stated this on Wednesday in Abuja at a news conference on Edo Governorship Election Tribunal judgment.

    Amadi also called on the Court of Appeal to reassert its authority to compel the Independent National Electoral Commission (INEC) to do its job right.

    He emphasised the need for INEC to always ensure that its processes and actions were fully in compliance with the provision of the Nigerian constitution, the Electoral Act and its guidelines.

    According to him, the survival of democracy in Nigeria depends on an electoral process that gives citizens assurance that voting can truly be a means of changing government.

    He said where the electoral process could no longer guarantee change of government because the process had been hijacked, then the incentive structure in democracy is lost.

    “The base of judicial involvement in the election is that where the electoral manager truncates, violates the electoral process, the judiciary will reverse it as an incentive.

    “Everything about governance is an incentive. If the electoral manager goes wrong, the redeeming feature is that the court will nullify the election.

    “This will send a message that next time, do not do that way, it doesn’t pay, because if you do it, the court will nullify the election.

    “But, where the court legitimises or validates that atrocity, it is a message that next time, do it, it pays,’’ he said.

    Amadi said that the appeal became necessary following the petitions and other salient issues arising from the Edo Governorship Election Tribunal and the use of technicality by court.

    He said that the petitions which centered on two core issues: alleged lack of compliance with Section 73 of the Electoral Act and wrong collation of election result, using duplicate result sheets, should not be overlooked.

    The executive director said that elections had been rigged in the past by criminal-minded electoral officials often diverting sensitive materials to politicians who would write false election results which were used to declare them winners.

    “To stop this, the Electoral Act, in Section 73(2), requires that serial numbers of all Biomodal Voter Accreditation System (BVAS), voting papers, accreditation sheets and result sheets must be written down in prescribed form before EC25B voting.

    “If this is not done, the results are invalid,’’ he said.

    Amadi expressed concern that the tribunal, in its judgment, rejected the evidence of improper collation of result for the election because the BVAS machines supplied by INEC were not operated to show the actual results.

    He quoted the tribunal as describing the process as ‘dumping evidence before the court’.

    He said that the court ought to have mandated INEC to operate the machine before it, and not giving the commission the opportunity to violate the law at the expense of the electorate and the victims of such actions.

    Amadi said that the school’s focus on Edo governorship election in 2024 was not because electoral malpractices only occurred in the state, but because of its interest in Nigeria’s democracy.

    “We don’t actually care about the outcome or who wins or who didn’t win, but it’s because of its important implication for the survival of democracy in Nigeria.

    “TAS is a non-partisan and an independent think-tank of scholars, intellectuals and policy professionals committed to the propagation of insights and ideas that can transform the African society and usher an era of quality livelihood for the people,’’ he said.

    Amadi said that if the country kept ignoring bad performances by INEC and the judiciary, Nigeria might move from a democracy to an electoral autocracy

    He described Edo governorship election as important and a connecting bridge between the 2023 general elections and the 2027 general elections.

    A fellow of the school, Chuks Akamadu, described the news conference as a timely call on INEC to improve on the country’s democracy and the judiciary to uphold right electoral procedures.

    Another fellow of the school, Nwokoye Emmanuel, also urged INEC and the judiciary not to usurp the right of citizens to elect their leaders through elections.

    Paul Obi, also a fellow of the school, suggested that anybody who acted against electoral laws, including INEC officials, should be made to face the consequences.

  • Alleged N33.8bn fraud: Court adjourns trial of ex-Power Minister

    Alleged N33.8bn fraud: Court adjourns trial of ex-Power Minister

     

    Flowerbudnews

    The Federal High Court in Abuja on Monday, adjourned the trial of former Minister of Power, Saleh Mamman, until May 2.

    Justice James Omotosho adjourned the matter after the Economic and Financial Crimes Commission (EFCC)’s video evidence to counter the allegations by Mamman that his extra-judicial statement was not voluntarily made, was played in the open court.

    Justice Omotosho had ordered that the video clip of the interview session conducted by the commission’s officials during their investigation be played in a trial-within-trial, following allegation that the ex-minister did not voluntarily make the statement.

    The ex-minister had, through his lawyer, Femi Atteh, SAN, insisted that his statement tendered by the EFCC in the alleged corruption trial was not not made voluntarily.
    The EFCC counsel, Rotimi Oyedepo, SAN, disagreed with Atteh’s submission.
    The judge consequently ordered that the video clip be played in the open court to ascertain the veracity of the argument.
    In the video on Monday, Mamman insisted that he could not write statement due to his ill-health.
    Counsel to the EFCC, Abbas Muhammed, asked the EFCC investigator and a witness, Abubakar Kwaido, whether he read the statement of caution to Mamman before the session.
    Kwaido confirmed that the cautionary statement was read to the defendant before the video recorded and the statement taken.
    Justice Omotosho adjourned the matter until May 2 for continuation of trial.
    Oyedepo, the lead prosecuting counsel, had, on Thursday, asked Kwaido whether he harassed Mamman or threatened him with detention but the witness responded in the negative.

  • TinCan Island Port Command, ICPC Collaborate For Transparency And Accountability In Public Service

    TinCan Island Port Command, ICPC Collaborate For Transparency And Accountability In Public Service

     

    Flowerbudnews

    In a continued effort to foster ethical practices and integrity within the public sector, the Tincan Island Port Command of the Nigeria Customs Service, in collaboration with the Independent Corrupt Practices and Other Related Offences Commission (ICPC), hosted a training lecture on Transparency and Accountability in Public Service.

    The event, held on Friday, April 11, 2025, at the Command Headquarters, drew officers from various units, as well as representatives from the ICPC and the Anti-Corruption and Transparency Unit (ACTU).

    Comptroller Frank Onyeka, Customs Area Controller, while welcoming the participants acknowledged the vital role of ICPC and ACTU in promoting transparency and stated that the Nigeria Customs Service has established robust mechanisms to detect and discipline corrupt officers. “Discipline, transparency, and accountability are non-negotiable values in our operations,” he remarked.

    The session was introduced by Assistant Comptroller Owoniyi, Coordinator of ACTU in Customs Zone A, who gave a brief preamble and reaffirmed the unit’s dedication to building an ethical culture within the Service.

    Mrs. Mary Omonoyan, Guest Speaker from ICPC’s Department of Public Enlightenment and Education, delivered a compelling lecture on the necessity of transparency and accountability in public offices. She emphasized that public trust is built on openness, and that ethical behavior is key to efficient governance.

    Also speaking at the event, the Deputy Director in charge of operations in the Lagos office of ICPC, Dr. Florence Bari addressed the far-reaching effects of corruption in the public sector, with particular focus on lateness to duty and unethical practices in public procurement. She urged officers to serve with integrity, stressing that corruption undermines public service delivery and weakens institutional credibility.

    The lecture concluded with an interactive session, encouraging officers to share ideas and strategies for strengthening transparency within their departments.

    This initiative reflects the shared commitment of Tincan Island Port Command and ICPC to entrenching accountability and ethical standards in public service.

     

     

  • Customs Apapa Command Generates ₦694.1b, Gets House Committee Commendation

    Customs Apapa Command Generates ₦694.1b, Gets House Committee Commendation

     

    … As Compt. Olomu Assures of Higher Revenue With B’Odogwu

    Flowerbudnews

    The Apapa Port Command of Nigeria Customs Service has collected a total ₦694,167,949,142.56 as 2025 first quarter revenue

    Area Controller of the Command, Comptroller Babatunde Olomu fsi who disclosed this recently when he received members of the House of Representatives Committee on Customs, said the figure is ₦205b higher than the ₦489b collected from January to March 2024, representing *41.8%* increase.

    While briefing the Committee led by Hon. Leke Abejide, Comptroller Olomu attributed the Command’s successes to the Comptroller General of Customs, Bashir Adewale Adeniyi, MFR and expressed optimism in the command’s ability to surpass the ₦2.357 trillion it collected for the whole of 2024 .

    According to the Area Controller, “Under the guidance and effective supervision of the CGC, Bashir Adewale Adeniyi,MFR, we are optimistic about surpassing last year’s total collection as evident in our first quarter report.
    May I also state that the CGC is directly instrumental to our successes in terms of our overall productivity? ”

    “This Command achieved a daily record-breaking revenue collection of ₦18.9bn on Friday, March 14, 2025, which stands out as the highest in the 135-year history of the service.

    “This new record breaks the existing highest daily collection of ₦18.2b which was achieved in October 2024 by us.

    “The Apapa Customs Area Command domiciled at the premier port plays a vital role in Nigeria’s economy, facilitating trade and ensuring the enforcement of regulations related to imports and exports.

    “This Command oversees customs activities with capacity to handle the highest volume of trade not only in Nigeria but also in the West and Central Africa sub region,” he said.

    He added that the Command has been instrumental in enhancing the ease of doing business in Nigeria by improving Customs clearance processes, reducing delays in cargo clearance, and leveraging technology through the use of ICT and fast-tract.

    Speaking further on technology, he said the B’Odogwu platform is improving and contributing immensely to trade as it is fast gaining more user acceptance and adaptability.

    Comptroller Olomu expressed confidence in the Command’s ability to achieve greater revenue collection while describing the first quarter figures as a good start showing prospects for better days ahead.

    The CAC also told the lawmakers that Apapa Port Command of NCS has achieved the processing of export under the African Continental Free Trade Area (AfCFTA) Guided Trade Initiative (GTI)where some Nigerian companies are participating robustly as exporters and further encouraged by migrating them to the status of Authorised Economic Operators(AEO)

    Two weeks ago, the service achieved a breakthrough by issuing the first Pre Arrival Assessment Report (PAAR) under the B’Odogwu regime. Comptroller Olomu described it as a significant milestone in the service journey towards an ICT backbone that is indigenously propelled and sustainable for modern Customs management in Nigeria.

    Hon Abejide, speaking on behalf of the lawmakers, commended Comptroller Olomu for his ingenuity in making the Command very productive . He assured the CAC and stakeholders, including licensed Customs agents of utmost legislative support

    The lawmakers also praised the Controller for leading the Command efficiently while throwing their weight behind the drive for effective trade facilitation backed by technology and promoting global best practices in Customs administration in Nigeria

  • Alleged false report: Judge threatens to withdraw from EFCC’s case against Ali Bello

    Alleged false report: Judge threatens to withdraw from EFCC’s case against Ali Bello

     

    Flowerbudnews

    Justice James Omotosho of the Federal High Court in Abuja on Monday, threatened to send back the EFCC’s case file in the charge against Ali Bello, the Chief of Staff (CoS) to Kogi government to the Chief Judge, Justice John Tsoho, for reassignment.

    Justice Omotosho made this known following a complaint by Bello’s counsel, Abubakar Aliyu, SAN, accusing the EFCC of publishing untrue accounts of what transpired in court on the last adjourned date on its website against his client.

    The News Agency of Nigeria (NAN) reports that the anti-graft agency filed the charges in 2022, accusing Bello and Dauda Sulaiman of fraud involving alleged diversion of funds from the Kogi State Government coffers.

    While Bello is the 1st defendant, Sulaiman is the 2nd defendant in the 10-count charge marked: FHC/ABJ/CR/550/2022.

    Aliyu had told the court that he had a complaint to make on his client’s behalf.

    He said: “the prosecutor is subjecting my client (Bello) to mob justice by making publications” that were allegedly untrue.

    The lawyer alleged that the publication, which was on EFCC’s website, was distributed to other social media.
    “They (EFCC) said the 1st defendant made a payment of the house at Ikogosi Close in Maitama District and after he discovered that the house was under investigation by EFCC, he now returned the documents back,” Aliyu said.
    He said his client told him that he did not buy the property contrary to the allegation.
    The lawyer, who gave a copy of the printout to the court, also said that a copy had already been served on the commission’s counsel.
    “What is your reaction counsel,” Justice Omotosho asked EFCC’s lawyer, Abbas Muhammed.
    Responding after he went through the copy, Muhammed said he could not verify the authenticity at the moment.
    “I have seen the publication. At this point my lord, I cannot verify. I will have to verify with the media team,” he said.
    The judge then gave him the go-ahead to verify and report back to the court in the next adjourned date.
    “I want to say this, on the reportage of this proceedings. I won’t take it if it continues this way.
    “I am going to take all your files and send back to the CJ for reassignment.
    “It is not only against the defendant but against the court,” the judge said.
    Justice Omotosho said writing fictitious stories about court proceedings might make the public lose confidence in the court.
    He said such action borders on the integrity of the court.
    “Now that this report is online, and if I now hold otherwise, how will the society sees it?
    “You create wrong impression in the society.
    “I can’t be put in the public for analysis on what happens in court.
    “You have to go and report back. This is annoying,” the judge said.
    Justice Omotosho, who acknowledged the presence of accredited journalists in court, emphasised on the need for accurate reportage of what transpired in court.
    He likened it to the case of Rivers matter where some social media users attacked the court for its judgment which ruled in favour of Martins Amaewhule-led lawmakers after Gov. Siminalayi Fubara voluntarily withdrew his counter affidavit in the suit.
    “I have had so much from social media.
    “The day the Rivers matter was heard and the counsel applied to withdraw their application, I stood the matter down for one hour and 30 minutes to give the counsel the opportunity to consult, before he finally withdrew their counter affidavit,” he said.
    Justice Omotosho said it was however a different arguments on social media as some were saying that the judge did not consider the application filed by Fubara in arriving at the decision.
    “Let us stop this because it affects the integrity of the system,” he said.
    Earlier, the EFCC lawyer, Muhammed, informed the court that the matter was slated for continuation of trial and that their 11th witness was in court.
    Segun Adeleke, the 11th prosecution witness (PW-11) and the General Manager of EFAB Properties Ltd, was led in evidence by Muhammed.
    “My schedule include recruitment, discipline, dismissal and more importantly, I head the team that concludes purchases of houses in the office,” he said.
    Adeleke, who said he had been in the company for 28 years, said Chief Fabian Nwora is their chairman.
    When the lawyer asked him if he knew a man called, Shehu Bello, the witness responded in affirmative.
    The PW-11 said in 2020, Chief Nwora, his boss, sent for him.
    He said when he got to his chairman’s office, he met Shehu Bello.
    “Before then, they had discussed about a property at Maitama, No 1, Ikogosi Spring Close, that Shehu Bello will come and make the payment of N500 million for the property,” he said.
    The witness said Shehu Bello paid the dollars equivalent of N500 million and that he made the enquiry from a bureau de change operator to confirm.
    When Muhammed asked Adeleke how the money was paid, he said: “The money was received in cash.”
    He said the house located at Ikogosi, Maitama in Abuja was given “No. 1,” on the close because it was the first building on the close and the houses there were not numbered.
    When asked if he had any other contact with Shehu Bello, the witness said: “Concerning our personal contact, it starts with the making of the payment. Every other contacts continue with my chairman.”
    During cross examination, Aliyu, who represented Ali Bello, asked the witness if his client was Shehu Bello and he said: “No My lord.”
    Also, Olusegun Jolaawo, SAN, who appeared for Sulaiman, the 2nd defendant, asked if his client was Shehu Bello and the PW-11 equally responded in the negative.
    Justice Omotosho after discharging the witness from the witness box, adjourned the matter until May 7 and May 9 for continuation of trial.

  • PDP Governors Confirm National Convention Dates, Rule Out Party Mergers.

    PDP Governors Confirm National Convention Dates, Rule Out Party Mergers.

    PDP Governors Confirm National Convention Dates, Rule Out Party Mergers.

     

    By Adewale Owoade

    The Peoples Democratic Party Governors’ Forum (PDPGF), has ruled out the speculations on joining any coalition or merger with any party.

    However, the party said it will welcome any party, persons or groups that are willing to join it with a view to wrestling power and enthroning good leadership in 2027.

    The governor elected under the platform of Peoples Democratic Party (PDP) including members of National Executive Committee, NEC, converged in Ibadan to discuss critical issues affecting the party

    The forum which was hosted by the Governor of Oyo State, Seyi Makinde, had in attendance Bala Mohammed of Bauchi State, Peter Mbah of Enugu and Agbu Kefas of Taraba.

    Others include Dauda Lawal (Zamfara); Caleb Mutfwang (Plateau), Umaru Fintiri (Adamawa), Ademola Adeleke (Osun) and Douye Diri of Bayelsa.

    Governor Sheriff Oborevwori of Delta and Gov Umo Eno of Akwa Ibom were represented by their deputies, while the suspended governor of Rivers State, Siminalayi Fubara was absent at the meeting.

     

    The governors later went for a close door session which lasted for about two hours, after which a communique was issued and read by Chairman PDP Govs Forum, Gov. Bala Mohammed of Bauchi State.

    “The Peoples Democratic Party Governors’ Forum (PDPGF) held its Meeting in Ibadan, Oyo State, and resolved the following:

    “Noting the nationwide speculations about possible merger of parties, groups and/or associations, the Forum resolved that they will not join any coalition or merger.

    “However, the PDP as a major opposition party welcomes any party, persons or groups that are willing to join it with a view to wrestling power and enthroning good leadership in 2027.

    “The Forum reiterates its position taken in Asaba on the issue of National Secretary of the party, but in the wake of the Supreme Court judgment, the Forum resolved to recommend that the Deputy Secretary acts as National Secretary, pending the nomination/ ratification of a Substantive National Secretary from the South East Zone at NEC’s next meeting.

    “The Forum reasserts our collective determination to avert a rap constitutional democracy hence the decision of approach Supreme Court to give a clear cut verdict on the interpretation of the provisions of the court on the declaration of State of Emergency in any State of the Federation.

    “The Forum therefore restates its solidarity with His Excellency, Sir Siminalayi Fubara, on the ordeal into which his state and people are being plunge into by the declaration of a state of emergency. And we reiterate our commitment to stand with him till the end.

    “The Forum finds alarming the worsening security situation in the country, as evidenced in parts of the country as evidence in parts of the country, especially Borno, Plateau, Katsina and Edo States.

    “The Forum calls for review and reordering of priorities and strategies including adopting a bottom up template that guarantees the sub-nationals to constitute an effective line of defence against security breaches.

    “While raising the concerns above, we condemn the recent attacks in Plateau State, and commiserate with the government and people of the state especially those who lost their lives and properties during this unfortunate mishap.

    “The Forum resolved in conjunction with the National Working Committee (NWC) and other relevant organs of the party, to hold the NEC Meeting on the 27th of May, 2025.

    “Constitute a Zoning Committee that will address all issues relating to zoning of party offices and hold an early convention in August 2025, precisely on the 28th, 29th and 30th in the ancient city of Kano.

    “The Forum equally recommends the constitution of the Zoning and National Convention Committees for ratification by the NWC and NEC as follows.

    “Zoning Committee: Gov. Douye Diri Chairman; Gov. Dauda Lawal – Vice Chairman and Gov. Caleb Mutfwang- Secretary, while the National Convention Committee has Gov. Ahmadu Fintiri as Chairman; Gov. Ademola Adeleke as Vice Chairman and Gov. Peter Mbah as Secretary.

    “The Forum expressed its gratitude to the host Governor, His Excellency. Engr. Seyi Makinde, the government and good people of Oyo state for their unusual and good hospitality to all of us.” (NAN)

  • ANAMMCO unveils Madator Pickup truck, says Pickup showcases balance of performance, safety.

    ANAMMCO unveils Madator Pickup truck, says Pickup showcases balance of performance, safety.

     

    By Flowerbudnews

    ANAMMCO, an Enugu-based foremost Nigerian vehicle manufacturing company, has unveiled its latest product, the “Madator Pickup” truck with balance of high performance and safety.

    .
    The ANAMMCO General Manager (Sales), Mr Olalekan Sanyaolu, made the unveiling at ANAMMCO pavilion on Monday at the ongoing 36th Enugu International Trade Fair.


    Sanyaolu highlighted the key features of the new vehicle that is offered in only 4×4 drive, and it have both manual and automatic transmission versions.

    He said that the Madator Pickup is a all-terrain vehicle designed to effortlessly navigate Nigeria’s on-road and off-road terrains, adding that “it is built with Nigeria in mind, the vehicle boasts a perfect balance of high performance and safety.”

    Sanyaolu noted that ANAMMCO’s participation in the trade fair is aimed at showcasing the Madator Pickup to the Nigerian Automobile market.

    According to him, key features of the Madator Pickup included: advanced technology, optimum performance, superb fuel efficiency,
    spacious double cabin, multimedia display screen, reverse camera and customised booth cover.

    Sanyaolu emphasised the strategic locations of ANAMMCO 3S shops (Sales, Services and Support) in Enugu, Lagos and Abuja, adding that these 3S shops are robustly supported by a wide network of affiliate workshops of GUO Transport and other accredited dealers nationwide.

    He said that the unparalleled aftersales services network makes ANAMMCO the preferred choice of commercial vehicles fleet operators.


    On road infrastructure and policy,
    Sanyaolu expressed optimism about the future of the production and assembly of commercial vehicles business in Nigeria, citing the country’s major reliance on road transport for the movement of passengers, goods and services.

    “ANAMMCO continues to offer a wide range of services in the automotive industry of Nigerian economy.

    “These services included: vehicle production, Third Party Assembly Contracts, commercial vehicles sales, spare parts sales, vehicles refurbishments, workshop and field services, vehicles body building, training and consulting.

    “These services guarantee market-leading uptime and lowest operational costs,” he added.

    Corroborating, the Director, Corporate Services of ANAMMCO, Mr Uche Okeke, commended Gov. Peter Mbah of Enugu State for his innovative, practical and people-oriented governance.

    Okeke said, “I will not miss the opportunity of appreciating the commitment of His Excellency, Dr Peter Mbah, to the job and wealth creation through strategic engagement of the private sector.

    “ANAMMCO is one the major beneficiaries of his Excellency’s patronage domestication. His steadfast stance on if it can be done in Enugu, why take it elsewhere, is uncommon in Nigeria.

    “The refurbishment and re-engineering of the Coal City shuttle buses project is a classic case of His Excellency’s masterclass in maximum utilisation of available resources for cost effectiveness.

    “The project is creating both direct and indirect employments, providing skills development for youths and is attracting investment to the state.

    “His leadership inspired us to boldly showcase the ANAMMCO brand as proudly Nigerian and a star of Enugu State. ANAMMCO is an indigenous brand not only in the name but also local production capacity.”

    He noted that the sustained support of the government would bring to fruition in the near future a wholesome technology transfer and development in the Nigerian automotive sector.

    Further speaking on their presence in the trade fair, Okeke said, “Enugu is the home of ANAMMCO and we always take the pleasure to identify with anything Enugu.”

    Okeke said, “This trade fair is special to us because it is the first time ANAMMCO is coming with its own brand, which wasn’t the case in previous years.

    “The Madator Pickup is the first of others to follow from the ANAMMCO Motors products localisation mandate. It represents high performance with trusted sturdy build of Dongfeng Automobile and powered by world-class engine technology of Mitsbushi engines.

    “We are here to showcase the Matador Pickup to the State, Citizens and Residents, the Business community, Security agencies – the Military and para-military,

    The response to the new vehicle has been exciting, with a significant increase in exhibitors, existing customers and prospective customers trouping to ANAMMCO pavilion to check out the Matador Pickup.

  • BREAKING: Rivers chief magistrate resigns over emergency rule

    BREAKING: Rivers chief magistrate resigns over emergency rule

     

    Flowerbudnews

    A Chief Magistrate in Rivers State, Ejike King George, has voluntarily resigned his position as a Magistrate in the Rivers State Judiciary.

    Chief Magistrate George’s resignation was conveyed in a letter addressed to the Chief Judge of Rivers State, through the Secretary of the Rivers State Judicial Service Commission.

    In the letter, George described his decision as “difficult and regrettable”, attributing it to his discomfort with the recent appointment of a “quasi-military administration” to oversee the affairs of Rivers State.

    He noted that the current system of governance is not only unfamiliar but fundamentally contradicts the ideals and values of the legal profession.

    According to him, such a structure runs counter to the principles upheld by legal practitioners and adjudicators.

    George further stated that having dedicated 16 out of his 22 years of legal practice to serving as a magistrate under successive democratic administrations, he finds it challenging to operate within the current political context.

    Doing so, he said, would amount to “tacit and naive acquiescence”.

    He expressed appreciation to the Chief Judge for the opportunity to serve in the state’s judiciary.

    The statement read, “This letter is intended to convey my decision to voluntarily retire my appointment as Magistrate of the Judiciary of Rivers State.

    “This difficult and regrettable decision is informed largely by my discomfort with the recent appointment of a quasi-military administration to run the affairs of a modern State like ours.

    “My Lord will agree with me that this type of governance system is not only alien but also runs antithetical to our hallowed profession as legal practitioners and adjudicators.

    “Having put in a whooping 16 (sixteen) out of my 22 (twenty two) years of legal practice into this Judiciary as Magistrate under successive democratic administrations, I find it difficult to work with the current setting, as doing so would amount to a tacit and naïve acquiescence.

    “Thanks My Lord, for the opportunity to serve.”

  • JP Morgan’s decision to open a full branch in Nigeria, global endorsement of President Tinubu’s economic reforms -TSF

    JP Morgan’s decision to open a full branch in Nigeria, global endorsement of President Tinubu’s economic reforms -TSF

     

    By Danladi Ahmed

    FLOWERBUDNEWS:  The Tinubu Stakeholders Forum (TSF) has welcomed plans by American banking giant JP Morgan to upgrade its Nigeria representative office into a fully operational business branch.

    In a statement signed by its Chairman, Mallam Danjuma Muhammad and Secretary, Chief Wale Adedayo, the group described it as a clear global endorsement of the far-reaching economic reforms of President Bola Tinubu.

    The statement read in part: “According to a recent report by Africa Intelligence, the move is in line with the strategic vision of JP Morgan’s Chief Executive Officer, Jamie Dimon, to deepen the bank’s footprint in Africa, particularly in thriving economies like Nigeria.

    “The development is a strong vote of confidence on the Nigerian economy and the robust reform agenda of the Tinubu administration, especially in the areas of monetary policy, ease of doing business, and financial market liberalization.

    “JP Morgan’s decision to apply for a merchant banking licence from the Central Bank of Nigeria (CBN) marks a pivotal moment in Nigeria’s financial sector. It positions the country to benefit from global capital flows, attract more institutional investments, and facilitate improved access to foreign exchange loans and sophisticated asset management services for Nigerian corporate citizens.

    “As one of the world’s most influential financial institutions, JP Morgan’s expansion into full business operations in Nigeria sends a powerful signal to other global investors that Nigeria is open for business.

    “For us, the operational upgrade will not only strengthen the financial services ecosystem, but will also create job opportunities, increase the CBN’s non-oil revenue through licensing and regulatory fees, and drive down the cost of foreign currency-denominated funding for local businesses.

    “It is noteworthy that Mr. Dimon, during his visit to Nigeria last October, acknowledged the missed opportunities to expand in Africa due to previous regulatory constraints in the United States, but now sees the continent—and Nigeria in particular—as critical to the future of global finance.

    “We at TSF believe that this milestone is the outcome of President Tinubu’s bold leadership and deliberate policies to stabilize the economy, attract foreign direct investment, and reposition Nigeria as the financial hub of Africa.

    The group also expressed confidence that the development will catalyze similar decisions by other global financial and investment institutions, leading to a virtuous cycle of economic growth and renewed investor confidence in Nigeria.

    End