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Foreign mercenaries: PDP slams El-Rufai, insists APC leaders fuel terrorism in Nigeria

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The Peoples Democratic Party (PDP) said the expression by Kaduna State Governor, Nasir El-Rufai to invite foreign mercenaries to fight terrorists in Nigeria further confirmed its stands that the All Progressives Congress (APC)-led administration allegedly fueled terrorism.

PDP in a statement by its National Publicity Secretary, Hon. Debo Ologunagba, Sunday said Governor El-Rufai cannot distance himself from those responsible for fueling and aiding insecurity which degenerated to acts of terrorism ravaging the country.

The opposition party said the alarming insecurity situation in Nigeria that has led to the killing and maiming of tens of thousands of our compatriots since the APC took office in 2015 is the result of the actions and comments by APC leaders and government officials who allegedly encouraged acts of terrorism in the name of politics.

The statement partly read “Nigerians can still recall how in July 2021, Governor el-Rufai, when asked why the Federal Government was lethargic in going after bandits (terrorists) stated that the bandits (terrorists) are collections of independent criminals for whom banditry is a business.

“Nigerians can also recall how ahead of the 2019 general elections, Governor el-Rufai threatened that “those that are calling for anyone to come and intervene in Nigeria, we are waiting for the persons that will come and intervene, they will go back in body bags”.

“The media was also awash with reports of how Governors of APC-controlled States, especially in the North West region of the country publicly romanced and empowered terrorists by paying them billions of naira of public funds in various hurried, uncoordinated and hazy negotiations”.

PDP added that Nigerians have not forgotten how in November 2020 the Muhammadu Buhari Presidency through its spokesperson, Shehu Garba, allegedly rationalized the beheading of 43 rice farmers in Borno State by terrorists and blamed the farmers for not obtaining clearance before going to their farms.

It noted that comments and actions by Governor el-Rufai, the Buhari Presidency and other APC leaders have the propensity to embolden terrorists to unleash violence on innocent people.

PDP said the result of APC administration’s alleged support for terrorism are now apparent and living with us.

It also challenged Governor el-Rufai and other APC leaders to speak out on the confession by a former APC leader that the terrorists pillaging the nation were brought in by APC leaders to rig the 2019 general elections but had remained in the country following the failure by the APC to pay.

PDP also charged Governor El-Rufai to note that he and other APC leaders cannot under any circumstance distance themselves from blame in the worsening insecurity.

The opposition party also cautioned Governor el-Rufai that his suggestion to import foreign mercenaries is counter-productive and capable of compounding the already dire security situation in our country.

PDP also expressed confidence in the capability of the gallant Armed Forces to defend the nation.

 

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Lagos State Govt Invade Shops, Confiscate Styrofoams Aka Take Away Packs

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Officials from the enforcement agencies under the Lagos State Ministry of the Environment and Water Resources on Thursday, March 29, intensified the mopping up of banned styrofoam food containers across markets in the state.

Recall that the state government banned the use of Styrofoams in the state in January this year.

Announcing the ban, the state Commissioner for Environment and Water Resources, Tokunbo Wahab, said the decision was reached following the menace the single-use plastics especially the non-biodegradable Styrofoams were causing on the environment.

 

Lagos state govt invade shops, confiscate Styrofoams aka Take Away packs (photos)

 

 

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CBN Pegs Minimum Capital Base For Banks At N500bn, N200bn

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The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500 billion.

A circular signed by the Director, Financial Policy and Regulation Department, Haruna Mustafa, to all commercial, merchant, and non-interest banks and promoters of proposed banks emphasised that all banks are required to meet the minimum capital requirement within 24 months commencing from April 1, 2024, and terminating on March 31, 2026.

CBN spokesperson, Hakama Sidi Ali, confirmed the development in Abuja on Thursday.

According to Ali, the new minimum capital base for commercial banks with national authorisation is now ₦200 billion, while the new requirement for those with regional authorisation is ₦50 billion.

The apex bank also disclosed that the new minimum capital for merchant banks would be ₦50 billion, while the new requirements for non-interest banks with national and regional authorisations are ₦20 billion and ₦10 billion, respectively.

The announcement comes just days after CBN Governor, Olayemi Cardoso, urged deposit money banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system.

Last November, Cardoso, who assumed office two months earlier, had said commercial banks in the country would be directed to increase their capital base to service a $1 trillion economy ambition of the President Bola Tinubu administration.

The last time the CBN increased capital base for banks was in 2005, when the current Anambra State Governor, Charles Soludo, was the apex bank chief. Capital base was raised from ₦2bn to ₦25bn.

 

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Okuama Massacre: Military May Place Bounty On Monarch, Others Declared Wanted

“We will do whatever it takes to get these people, even if it means we place a bounty on them, we will do that.”

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The Nigerian Defence Headquarters, DHQ, has revealed plans to place a bounty on those declared wanted over the killing of 17 soldiers in Okuama community, Delta State.

The Director of Defence Media Operations, Major General Buba Edward said the military was fully committed to apprehending all individuals who have been declared wanted.

In a statement, Edward said: “We will do whatever it takes to get these people, even if it means we place a bounty on them, we will do that.”

On March 14, the troops of 181 Amphibious Battalion, Bomadi Local Government Area of Delta State, while on a peace mission to Okuama Community, were ambushed and killed by some irate youths.

The deceased soldiers were buried at the Military Cemetery in Abuja on Wednesday.

Shortly after their burial, the Military declared eight people, including a woman, wanted.

The suspects include: Prof. Ekpekpo Arthur, Andaowei Dennis Bakriri, Akevwru Daniel Omotegbo (a.k.a Amagben), Akata Malawa David, Sinclear Oliki, Clement Ikolo Ogenerukeywe, Reuben Baru, and Igoli Ebi.

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