News
Obasanjo Writes Again, Lists 4 Avoidable Calamities Buhari Must Act On
Olusegun Obasanjo, a former President of Nigeria has again written an open letter to President Muhammadu Buhari about the current state of the nation.
Obasanjo urged Buhari’s government to come to terms with the level of insecurity, herdsmen crisis in the county and take decisive decision before it’s too late.
The former President cited four calamities waiting to happen if Buhari’s government failed to act immediately.
These include letting Nigeria fall into the hands of suspected criminals, reprisal attacks on Fulanis, attacks on other ethnic groups, as well as series of uprisings in sections of the country.
He lamented that Boko Haram has continued to plague the country for over a decade, six years of which Buhari has been in power, adding that it was wrong to assume the war against insurgency was being won.
The former President noted that if urgent decision is not taken, what happened during the Rwandan genocide may play out in Nigeria.
Obasanjo disclosed that the main issue in Nigeria is which if not handled properly will lead to rain of destruction, violence, disaster and disunity.
Full letter to President Buhari
Dear President and General Buhari,
I am constrained to write to you this open letter. I decided to make it an open letter because the issue is very weighty and must be greatly worrisome to all concerned Nigerians and that means all right-thinking Nigerians and those resident in Nigeria. Since the issue is of momentous concern to all well-meaning and all right-thinking Nigerians, it must be of great concern to you, and collective thinking and dialoguing is the best way of finding an appropriate and adequate solution to the problem. The contents of this letter, therefore, should be available to all those who can help in proffering effective solutions for the problem of insecurity in the land.
One of the spinoffs and accelerants is the misinformation and disinformation through the use of fake news. A number of articles, in recent days, have been attributed to me by some people who I believe may be seeking added credence and an attentive audience for their opinions and view-points. As you know very well, I will always boldly own what I say and disown what is put into my mouth. But the issue I am addressing here is very serious; it is the issue of life and death for all of us and for our dear country, Nigeria. This issue can no longer be ignored, treated with nonchalance, swept under the carpet or treated with cuddling glove. The issue is hitting at the foundation of our existence as Nigerians and fast eroding the root of our Nigerian community. I am very much worried and afraid that we are on the precipice and dangerously reaching a tipping point where it may no longer be possible to hold danger at bay. Without being immodest, as a Nigerian who still bears the scar of the Nigerian civil war on my body and with a son who bears the scar of fighting Boko Haram on his body, you can understand, I hope, why I am so concerned. When people are desperate and feel that they cannot have confidence in the ability of government to provide security for their lives and properties, they will take recourse to anything and everything that can guarantee their security individually and collectively.
For over ten years, for four of which you have been the captain of the ship, Boko Haram has menacingly ravaged the land and in spite of government’s claim of victory over Boko Haram, the potency and the activities of Boko Haram, where they are active, remain undiminished, putting lie to government’s claim. The recent explanation of the Chief of Army Staff for non-victory due to lack of commitment and lack of motivation on the part of troops bordering on sabotage speaks for itself. Say what you will, Boko Haram is still a daily issue of insecurity for those who are victimised, killed, maimed, kidnapped, raped, sold into slavery and forced into marriage and for children forcibly recruited into carrying bombs on them to detonate among crowds of people to cause maximum destructions and damage. And Boko Haram will not go away on the basis of sticks alone, carrots must overweigh sticks. How else do you deal with issues such as only about 50% literacy in North-East with over 70% unemployment?
Herdsmen/farmers crises and menace started with government treating the issue with cuddling glove instead of hammer. It has festered and spread. Today, it has developed into banditry, kidnapping, armed robbery and killings all over the country. The unfortunate situation is that the criminality is being perceived as a ‘Fulani’ menace unleashed by Fulani elite in the different parts of the country for a number of reasons but even more unfortunately, many Nigerians and non-Nigerians who are friends of Nigeria attach vicarious responsibility to you as a Fulani elite and the current captain of the Nigeria ship. Perception may be as potent as reality at times. Whatever may be the grievances of Fulanis, if any, they need to be put out in the open and their grievances, if legitimate, be addressed; and if other ethnic groups have grievances, let them also be brought out in the open and addressed through debate and dialogue.
The main issue, if I may dare say, is poor management or mismanagement of diversity which, on the other hand, is one of our greatest and most important assets. As a result, very onerous cloud is gathering. And rain of destruction, violence, disaster and disunity can only be the outcome. Nothing should be taken for granted, the clock is ticking with the cacophony of dissatisfaction and disaffection everywhere in and outside the country. The Presidency and the Congress in the US have signalled to us to put our house in order. The House of Lords in the UK had debated the Nigerian security situation. We must understand and appreciate the significance, implication and likely consequences of such concerns and deliberations.
No one can stop hate speech, violent agitation and smouldering violent agitation if he fans the embers of hatred, disaffection and violence. It will continue to snowball until it is out of control. A stitch in time saves nine, goes the old wise saying. With the death of Funke, Chief Fasoranti’s daughter, some sympathetic Nigerian groups are saying “enough is enough”. Prof. Anya, a distinguished Nigerian merit Laureate, has this to say “We can no longer say with certainty that we have a nation”. Niger-Delta leaders, South-Eastern leaders, Middle-Belt leaders and Northern Elders Forum have not remained quiet. Different ordinary Nigerians at home and abroad are calling for different measures to address or ameliorate the situation. All the calls and cries can only continue to be ignored at the expense of Nigerian unity, if not its continued existence.
To be explicit and without equivocation, Mr. President and General, I am deeply worried about four avoidable calamities:
1. abandoning Nigeria into the hands of criminals who are all being suspected, rightly or wrongly, as Fulanis and terrorists of Boko Haram type.
2. spontaneous or planned reprisal attacks against Fulanis which may inadvertently or advertently mushroom into pogrom or Rwanda-type genocide that we did not believe could happen and yet it happened.
3. similar attacks against any other tribe or ethnic group anywhere in the country initiated by rumours, fears, intimidation and revenge capable of leading to pogrom.
4. violent uprising beginning from one section of the country and spreading quickly to other areas and leading to dismemberment of the country.
It happened to Yugoslavia not too long ago. If we do not act now, one or all of these scenarios may happen. We must pray and take effective actions at the same time. The initiative is in the hands of the President of the nation, but he cannot do it alone. In my part of the world, if you are sharpening your cutlass and a mad man comes from behind to take the cutlass from you, you need other people’s assistance to have your cutlass back without being harmed. The mad men with serious criminal intent and terrorism as core value have taken cutlass of security. The need for assistance to regain control is obviously compelling and must be embraced now.
A couple of weeks ago at a public lecture, I had said, among other things, that:
“In all these issues of mobilisation for national unity, stability, security, cooperation, development, growth and progress, there is no consensus. Like in the issue of security, government should open up discussion, debate and dialogue as part of consultation at different levels and the outcome of such deliberations should be collated to form inputs into a national conference to come up with the solution that will effectively deal with the issues and lead to rapid development, growth and progress which will give us a wholesome society and enhanced living standard and livelihood in an inclusive and shared society. It will be a national programme. We need unity of purpose and a nationally accepted strategic roadmap that will not change with the whims and caprices of any government. It must be owned by the citizens, people’s policy and strategy implemented by the government no matter it’s color and leaning.
Some of the groups that I will suggest being contacted are traditional rulers, past heads of service (no matter how competent or incompetent they have been and how much they have contributed to the mess we are in), past heads of paramilitary organizations, private sector, civil society, community leaders particularly in the most affected areas, present and past governors, present and past local government leaders, religious leaders, past Heads of State, past intelligence chiefs, past Heads of Civil Service and relevant current and retired diplomats, members of the opposition and any groups that may be deemed relevant.”
The President must be seen to be addressing this issue with utmost seriousness and with maximum dispatch and getting all hands on deck to help. If there is a failure, the principal responsibility will be that of the President and no one else. We need cohesion and concentration of effort and maximum force – political, economic, social, psychological, and military – to deal successfully with the menace of criminality and terrorism separately and together. Blame game among own forces must be avoided. It is debilitating and only helpful to our adversary. We cannot dither anymore. It is time to confront this threat headlong and in a manner that is holistic, inclusive, and purposeful.
For the sake of Nigeria and Nigerians, I pray that God may grant you, as our President, the wisdom, the understanding, the political will, and the courage to do what is right when it is right and without fear or favor. May God save, secure, protect and bless Nigeria. May He open to us a window of opportunity that we can still use to prevent the worst from happening. As we say in my village, “May God forbid bad thing”.
Signed:
OLUSEGUN OBASANJO
News
I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court
A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.
The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.
Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.
According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.
He said he subsequently took the money to the office of the then Director-General.
“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.
The witness explained that he collected the bag from his aide before entering the office.
“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”
The witness was initially a defendant in the case but later opted to testify for the prosecution.
While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.
According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.
He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.
“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.
During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.
When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”
After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.
The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.
Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.
They pleaded not guilty to the offences.
The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.
According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.
Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.
The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.
One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.
News
CBN Bars Chronic Loan Defaulters from Accessing New Banking Services
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).
This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.
This order is specifically targeted at large-ticket obligors.
The CBN issued the directive in a circular to banks on Monday.
The latest instruction comes almost a week after the CBN asked financial institutions to stress test.
It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.
“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.
“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.
“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”
News
Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju
Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.
Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.
He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.
“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.
“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?
“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.
“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.
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