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Alleged N500 billion CBN scandal: Don’t confirm Emefiele – Frank warns Senate



Timi Frank gives Senate ultimatum on Maina, reacts to EFCC's seal of Saraki's houses


A former Deputy National Publicity Secretary of the All Progressives Congress, APC, Timi Frank, has asked the Senate to withhold the confirmation of Godwin Emefiele for second term as the governor of the Central Bank of Nigeria, CBN, over the leaked audio exposing alleged missing N500 billion under his watch.

Frank said it will amount to disservice to the Nation if the red chamber goes ahead on Emefiele’s confirmation without the public knowing how such a huge amount of money disappeared from the treasury.

The Bayelsa born activist was reacting on Monday to an audio published on Sunday by an online medium, Sahara Reporters.

Frank said in recent times, the media has been awash with so many revelations concerning the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, ranging from the role he played in the money ‘illegally‘ approved for a former National Security Adviser (NSA), Col. Sambo Dasuki to the recent revelation by Dr George Uboh-led Whistleblowers Network, where it was alleged that $2.5billion disappeared under his watch.

In a statement he signed and made available to DAILY POST on Monday, Frank said, “Emefiele must come clean on this audio as well as other issues as it bothers on alleged corrupt practices under his watch.

“I am happy with the dispatch with which the CBN responded to the leaked audio conversation. However, I did not expect anything less than the denial. It is trite that ‘one cannot be a judge in his own case’. Therefore, Let the relevant agencies of government, as well as the National Assembly, investigate these allegations with great depth.

“If the CBN is saying the beginning part of the conversation was omitted, can they provide Nigerians with the full and authentic audio conversation in the interest of transparency and good governance.

“I implore the CBN governor to defend these allegations by himself as he remains a public servant and therefore answerable to the Nigerian people. Anything short of this will amount to covering up.

“I hereby call on the Senate to stand for Nigeria as they have always done. The Senate must not play with the mandate of Nigerians by attempting to confirm Emefiele in the face of this damning allegations. Any attempt to do that will amount to the Senate being complicit on the matter.

“However, having stood firm in the non-confirmation of Ibrahim Magu of the Economic and Financial Crimes Commission (EFCC), based on the report from a security agency, I have no doubt that the Senate will do the right thing in this instance.

“I also call on the EFCC to quickly act on these revelations as they have done in the case of Saraki, the president of the Senate by inviting Emefiele to explain his role in the leaked audio as well as other allegations against him that are now in public domain. If all these figures and amount is confirmed, it will be the mother of all corruption in recent times.

“I implore the EFCC to approach this particular case the same way they are approaching Saraki’s case over properties that were subject of litigation up to the Supreme Court level ( where Saraki was discharged and acquitted)is being investigated all over again. True to their words’Nobody is above the law as stated in Saraki’s case’. Please, apply the same principle here.

“Par-adventure, the EFCC fails to investigate the case at hand, it will become clear that the anti-corruption war is merely a witch hunt on the opposition.

“Let me use this medium to call on the President and the Vice President in particular who is the habit of accusing the previous government of massive corruption to act swiftly on all these allegations and show that he is a true vanguard of anti-corruption drive.

“I hope the President on his part, will not defend Emefiele as he did in the case of Governor Abdullahi Umar Ganduje of Kano State.

“I implore the President to withdraw Emefiele’s nomination to allow for an in-depth investigation of the allegations against the CBN boss.

“Nigerians and members of the international community are watching how this classical case of alleged corrupt practices will be handled.

“The Presidency, the Senate and all other relevant agencies must not play politics with this as it is capable of negatively affecting the economy and investors confidence,” Frank declared.


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Killing of Christians: Buhari lied to Trump – CAN fumes



Killing of Christians: Buhari lied to Trump - CAN fumes

The Christian Association of Nigeria (CAN) has reacted to President Muhammadu Buhari’s revelation of his conversation with United States President, Donald Trump, on the massacre of Christians in Nigeria, saying President Buhari was economical with the truth.

President Buhari had on Tuesday, revealed that at the heat of the bloody clashes between herdsmen and farmers in Nigeria, the United States President, Donald Trump, unequivocally accused him of killing Christians.

Buhari said these in his closing remarks at the two-day ministerial performance review retreat held at the Presidential Villa, Abuja on Tuesday.

At a point, the President digressed from his prepared speech and narrated his encounter with Trump on the bloody clashes.

He said he managed to explain to the American leader that the clashes were not about ethnicity or religion.

He said, “I believe I was about the only African among the less developed countries the President of United States invited.

“When I was in his office, only myself and himself, only God is my witness, he looked at me in the face, and asked, ‘Why are you killing Christians?’

“I wonder, if you were the person, how you will react. I hope what I was feeling inside did not betray my emotion, so I told him that the problem between the cattle rearers and farmers, I know is older than me not to talk of him. I think I am a couple of years older than him.

“With climate change and population growth and the culture of the cattle rearers, if you have 50 cows and they eat grass, any root, to your water point, then they will follow it. It doesn’t matter whose farm it is.

“The First Republic set of leadership was the most responsible leadership we ever had. I asked the Minister of Agriculture to get a gazette of the early 60s which delineated the cattle route where they used meager resources then to put earth dams, wind mills even sanitary department.

“So, any cattle rearers that allowed his cattle to go to somebody’s farm would be arrested, taken before the court. The farmer would be called to submit his bill and if he couldn’t pay, the cattle would be sold, but subsequent leaders, the VVIPs (very important persons) encroached on the cattle routes. They took over the cattle rearing areas.

“So, I tried and explained to him (Trump) that this has got nothing to do with ethnicity or religion. It is a cultural thing.”

However, CAN’s Vice President and Chairman of the association in Kaduna State, John Hayab, was not impressed with Buhari’s submission, saying “Buhari and his government will never stop from amusing us with their tales by moonlight because what is happening in Zamfara, Sokoto, Katsina, Birnin Gwari, Southern Kaduna, Taraba, Plateau and others cannot be described as a cultural thing.

He told Punch correspondent in an interview: “President Buhari’s weak story about his conversation with President Donald Trump further confirms why his government does not care about the killings in our country by calling them cultural things.

“Just this (Tuesday) evening, I received a report from the Kaduna Baptist Conference President about the number of their members that have been killed by bandits in Kaduna State from January 2020 to date to be 105 and our President will call it a cultural thing? All we can say is may God save our Nigeria.”

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CAMA: Bishop blasts Christian lawmakers



CAMA: Bishop blasts Christian lawmakers

The Catholic Bishop of Nsukka, Most Rev. Godfrey Onah, has blamed Christians in the National Assembly (NASS), for the passage of the 2020 Companies and Allied Matters Bill (CAMA), signed into law by President Muhammadu Buhari recently.

Bishop Onah, said in a remark during the Sunday Mass that if Christians in NASS had opposed the bill, it would not have been passed into law.

President Muhammadu Buhari had on Aug. 7, signed the CAMA bill into law, giving provision for religious bodies and charity organizations to be regulated by the registrar of the Corporate Affairs Commission (CAC), and a supervising minister.

“The question many Christians have been asking is, where were Christian legislators during the debate of this bill and its passage in the National Assembly?

“Because, if they had opposed this bill on the floor of the house, it would not have been passed and sent to the president for assent.

“I blame Christian legislators for doing nothing and allowing the passage of the 2020 CAMA Act,” he said.

“When I say that Christians are too divided and too selfish, don’t forget that the second in command in this country is a Senior Advocate of Nigeria, a professor of Law and a pastor.”

Onah, however, wondered what the Federal Government wanted to achieve in monitoring how the finances of churches in the country are managed when it contributed no dime to the church, NAN reports.

“Government should focus and monitor its ministries, agencies and other government institutions where it budgets billions of Naira annually and not church offerings.

“Had it been that the government gave allocations to churches and decided to monitor its usage, nobody will question the government,” he said.

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Nigerians spit fire over fuel, electricity prices hike



Increasing Fuel and Electricity Prices

Anger and condemnations, across the country, have continued to trail last week’s take off, of new increases in pump price of petroleum products and electricity tariffs, as directed by Federal Government.

Recall that the Petroleum Products Marketing Company (PPMC) official, D.O. Abalaka announced on Wednesday September 3, on behalf of Nigerian National Petroleum Corporation (NNPC) that the new price of petroleum is now N151.56k per litre instead of N149 – N150 per litre which it was previously.

The new electricity tariff which the Nigerian Electricity Regulatory Commission (NERC) tagged “Service Reflective Tariff” has also come into effect. It requires consumers to pay N53.87 – N66.422 per kwh of electricity.

Outraged consumers of fuel and electricity have therefore warned government to get ready for collision with the masses if it fails to rescind these new prices.

Those who have expressed outrage over the new prices regimes include, the Organized Labour, Nigerian Labour Congress (NLC), Nigerian main opposition political party, Peoples Democratic Party (PDP), Nigeria Employers Consultative Association (NECA) and the Major Marketers Association of Nigeria (MOMAN).

Others are: Petroleum Products Retail Outlets Owners Association of Nigeria, the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigerian Association of Chambers of Commerce (NACCIMA).

The NLC said, “The frequent fuel price increase will no longer be accepted. We will not allow Nigerians fall victim of government ineptitude and negligence to make the country self-sufficient in terms of refining petroleum products at home.”

On its part, the PDP has described the price hike as “callous, cruel and punishing” and demanded an immediate reversal to avert a national crisis.

The All Industrial Global sees the incessant increase as a confirmation that deregulation means just price increase.

“This is unacceptable! Under a pandemic, we should put money in the pockets of citizens to revive collapsed livelihoods and preserve lives.” In its reaction, NECA said it has always urged Federal Government to adopt deregulation policy in the oil and gas downstream sector.

The MOMAN in its statement insists that monthly price variation of fuel was no longer sustainable. It urged PPRA to adopt quarterly price mechanism which would save the market the hassles of price volatility. The statements by IPMAN and NACCIMA also followed along the same line that the hike “…serves only to increase the severity and duration of the looming economic recession.”

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