COVER
Obi Denies Joining Forces against Tinubu for 2027
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By Mike Odiakose, Abuja
Presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, yesterday, in Abuja denied being part of the planned coalition against President Bola Tinubu and the All Progressives Congress (APC) ahead of 2027.
There have been rumours that some opposition parties are coming together to tackle Tinubu and his party in the next general elections.
The former governor of Anambra State stated this in Abuja while speaking with newsmen at the sideline of a two-day National Conference on Strengthening Democracy in Nigeria.
“Well, for me, what is important is let’s discuss Nigeria. Whether we are going to do coalition… let’s talk about the future of the country, but often we abandon the country and what we need to do and talk about power grab.
“I’m not interested in any coalition for purpose of taking power. It is about discussing Nigeria.
“How do we care about securing the Nigerians? How do we care about the common person in Nigeria? “How do we care about our children being in school? That is the most important thing for now,” Obi asked rhetorically.
He emphasised that what should be paramount to politicians should be eradication of poverty, fixing public schools, hospitals and security of lives and property, adding that there should be concerted efforts to stop financial inducement in politics.
In his words, “That’s what we need to remove, because what you’re doing is encouraging stealing of public money.
“Because if I steal it and use it to win election, then I get all the power and everything, including immunity not to be prosecuted. So we must stop it. That is what’s driving the stealing.”
In his keynote address at the event, the former Vice President of Ghana, who was the presidential candidate of the New Patriotic Party in Ghana’s recent general elections, Dr Mahamudu Bawumia, identified bastardization of state institutions as a big threat to democracy.
Dwelling on the theme, Strengthening Nigeria’s Democracy: Pathway To Good Governance And Political Integrity, Bawumia said, “One of the most important determinants of a flourishing democracy is the quality of institutions; institutions capable of guaranteeing rights, including property rights, and checking wanton abuse of power.
“These institutions include the independent election management bodies, the Judiciary, the ombudsman, the police, other law enforcement agencies, and many others.
“Celebrated Economists like Dani Rodrick, Daron Acemolgu, and others, have come to a firm conclusion that, when it comes to the determinants of growth, the quality of institutions towers above everything else.
“Unfortunately, whilst the culture of peacefully choosing leaders is being entrenched, these institutions are becoming weak and endangered.”
The former Vice President expressed concern over growing poverty in West Africa as a threat to democracy as he noted that the electorate are beginning to lose faith in representative government.
“One of the biggest threats to democracy today is what I call the Next Meal. Before I make my point, I need to reecho the words of one of Africa’s greatest sons, the distinguished Nelson Mandela, to wit, ‘As long as poverty, injustice, and gross inequality exist in our world, none of us can truly rest.’
“Democracy must be a means to an end. The best democracy is the one that delivers public goods and services effectively and efficiently and creates opportunities for citizens whilst making conscious efforts to leave no one behind.
“For Sub-Saharan Africa, the data suggest that we do not have an option to do nothing. In 2024, the World Bank estimated that two-thirds of the world’s population in extreme poverty live in Sub-Saharan Africa.
“Back home, the World Bank’s 2024 review reveals that more than half of Nigerians live in multidimensional poverty.
“For Nigeria, and indeed much of Sub-Saharan Africa, our work is cut out for us. We need to take decisive actions to demonstrate that to govern is to advance the interest and welfare of the people.
“We need to reconfigure our economic systems, processes, and institutions in a manner that prioritizes the next meal for majority of our people. For far too long, the focus has been on ticking the boxes on democratic institutions much to the neglect of what those institutions have been able to produce for the ordinary citizen.
“The person who is unable to afford the next ‘Eba’ meal is unlikely to appreciate any data on democratic progress.
“For our democracy to remain relevant and sustainable, actors need to ensure that citizens have confidence in the democratic system to address their needs and concerns, particularly basic needs, which I call the next meal principle,” Bawumia stated.
Vice President Kashim Shettima, represented by Alhaji Hakeem Baba Ahmed, urged those entrusted with mandate to govern to live up to peoples’ expectations by protecting their interest.He maintained that transparent governance and genuine commitment to needs of the citizenry would guarantee democracy
COVER
TAJBank Gets New Global Rating, Wins Islamic Bank Award
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By Tony Obiechina Abuja
Nigeria’s fastest growing non-interest banking services provider, TAJBank Limited, has again consolidated its frontline position as Nigeria’s most innovative and value-driven non-interest lender, has won an award at the just concluded IFN Awards in Dubai.
The ‘Best Islamic Bank in Nigeria’ award was won by TAJBank through a global survey/poll conducted by the IFN.
Speaking shortly after the conferment of the Best Islamic Bank Award on TAJBank in Dubai, which is considered as one of most highly rated awards in the Islamic Finance Industry, the bank’s Managing Director/CEO, Hamid Joda, attributed the global recognition to “our Board, management and staff’s commitment to best industry standards in products and services’ packaging and delivery to our highly cherished and growing customers.
“We want to thank IFN for the very credible poll that indicated that TAJBank is leading the non-interest banking segment of Nigeria and also assure our growing customers that, as our mantra says, TAJBank’s only interest is the customers”, Joda added.
In his brief comments, the bank’s Co-Founder/Executive Director, Sherif Idi, described the IFN award “as a testament to our relentless efforts to ensure that TAJBank is the preferred choice for customers that are looking for the best in service standards powered by a well-groomed professionals and powered by world class technological assets.”
In the last few years of its operations, TAJBank had in 2022 received the Payment Card Industry Data Security Standard (PCI DSS) certification and three International Standards Organisation (ISO) certifications by the Certification Partner Global (CPG), namely ISO 27001, ISO 22301, and ISO 20000 on Information Security, Business Continuity, and IT Service Management Systems.
At the domestic level, the bank has also won several awards, including the Leadership newspaper’s ‘Banker of The Year Award 2020’, BusinessDay newspaper’s ‘Islamic Bank of the Year Award’ for three consecutive years and several others in recognition of its world-class innovative products and services delivery.
COVER
Constitution Review: Reps Promise People- oriented Amendments
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By Ubong Ukpong, Abuja
Deputy Speaker, House of Representatives Hon Benjamin Kalu, has assured of a people – oriented constitution at the end of the ongoing amendment exercise.
Kalu, who is the Committee Chairman on the Review of the 1999 Constitution, said this at the closing of a two-day retreat for members of the Committee in Ikot Ekpene, Akwa Ibom State on Saturday.
He expressed gratitude to the members of the Committee for their commitment towards a successful exercise and urged them to remain committed.
“We are so proud of you. On behalf of the speaker, on behalf of the representatives, the leadership of the National Assembly, we found you worthy to make you members of this committee and you have not failed us.
“From the time you took on this role, we knew it was a tough task. We know as well that time is of the essence in view the fact that we want to achieve the first tranche of our job before the period of election.
“But with the kind of team spirit that we have exhibited, the kind of dedication we have exhibited, it appears to us that the destination towards realizing this is in view. This is only because we held each other’s hand, only because we believed that Nigeria could be better than we met it. Only because we heard the cries of the people that we represent and we want their voices to be heard.
“So that truly the constitution that we want to be a people oriented constitution, as stated in the preamble of the constitution that we, the people of Nigeria, will indeed be a constitution that has the characterization of the people’s desire captured in it.
“You are the architect of the greater future of Nigeria. You are the cooks in the kitchen baking the best Nigeria that will be better than the one we have ever seen. Don’t give up. If you don’t get weary in this work, in no distant sign that Nigerians will reap from this.
“There may be challenges along the path of achieving this, but your dedication and determination and diligence has oiled the way towards the greater heights that’s in view.
“Please let this bonding among us continue. Let us not stop at these retreat. Let us be partners in progress towards making this dream realizable. Thank you for being my partners. The Speaker and I are proud of you”he said.
Chairman, House Committee on Media and Public Affairs, Hon Akin Rotimi Jnr said they were fully committed to ensuring that the process was inclusive, transparent, and reflective of the aspirations of all Nigerians.
“The constitutional review process is a complex and delicate undertaking that demands expertise, wisdom, and careful engagement with diverse stakeholders across ethnic, religious, and political lines.
“Guided by our legislative agenda, we remain steadfast in delivering meaningful reforms under the capable leadership of Rt. Hon. Benjamin Okezie Kalu, the Deputy Speaker and Chairman of the House Committee on Constitution Review who is a lawyer. Nigerians can expect a thorough, well-considered, and impactful exercise that strengthens our democracy and fosters national development,” the House Spokesman said.
COVER
At DAILY ASSET Awards, Dangote Announces Plans for Two More Refineries
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By Raphael Atuu Abuja.
Africa’s richest man and President, Dangote Industries, Alhaji Aliko Dangote has announced plans to build two more
Refineries on the African continent.
The business icon spoke in Abuja at the 8th DAILY ASSET Annual Awards, where he was honoured as ‘Nigerian Achiever of the Year’ by the Abuja-based daily.
The Senior Adviser to Group President on Special Projects and Strategic Relations, Hajiya Fatima Wali Abdulrrahman, who represented her boss at the occasion said the Group has received requests from two African countries to forge partnership for the purpose of establishing two new refineries in their countries.
The Business Mogul did not disclose the countries in question but said the request was a further testament to the growing influence of Dangote Group on the African continent.
She said already, Dangote Cement had factories in 14 African countries, explaining that the Group President was committed to the economic growth of not only Nigeria but Africa as a whole.
“Alhaji Aliko Dangote has only two houses in Lagos and Kano. He has no house in a foreign country nor the advanced countries of the World,” she further disclosed adding, the concern of her boss was to ensure economic development of Africa through industrial and economic activities.
Mrs Abdurrahman assured that the president of Dangote group will always do his best if given the opportunity anywhere to make a contribution towards the continent’s progress.
She commended the management of DAILY ASSET Newspaper for the award to the Group President saying the award “came at the right time” and was deeply appreciated by the Group President, who she said personally asked her to represent him at the occasion.
” I want to appreciate DAILY ASSET Newspaper for always supporting us and I congratulate the publisher and his team for celebrating eight years as an organization” she stated.
“Alhaji would have loved to be here himself but he had to return to Lagos after attending the Book launch by former President, Ibrahim Babangida” she explained to the capacity –filled audience at the conference hall of NICON Luxury Hotel, venue of the event.
The Senior Adviser, added that Alhaji Dangote is always passionate about Nigeria and Africa and stressed the company will support any good project that will develop Nigeria and Africa at large.
Dickson Canvasses Better Training for Media Practitioners
Former Governor of Bayelsa state and Senator representing Bayelsa West Senatorial District, Henry Seriake Dickson has challenged proprietors of media organisations to ensure adequate training of journalists in their employment if the media must effectively discharge its constitutional responsibility of holding the government accountable.
Senator Dickson, who was Guest Speaker at the 8th Annual Awards Ceremony hosted by DAILY ASSET in Abuja said the media was the only professional body assigned specific responsibility by the 1999 constitution(as amended) adding that such responsibility was too enormous to be discharged by quacks.
” To hold anyone accountable in the society ,the media needs to do its job and this can be done only by professionals “he remarked.
“Journalism is more than having gadgets and recording events, it is a specialised profession and when I was a member of House of Reps, I sponsored a bill to regulate the profession because of its importance to society ” he stated.
The Senator hailed the Publisher of DAILY ASSET, Dr Cletus Akwaya, whom he said had great passion for news publication and deserved every encouragement to excel in the media industry.
The former governor stressed that the publisher has paid his dues in journalism remarking that from his observations, Akwaya was involved in publishing out of great passion for the Journalism profession and not necessarily for profit.
” I know Dr Akwaya for years and he is a friend and brother, so I can tell what he can do. He does not get money from this” he stated.
The former Bayelsa Governor advised the publisher with his colleagues to always play the role of society watchdog and commit to training the upcoming journalists to do same.
Dickson however, said the media needed to be regulated so that only professionals and qualified people were allowed to operate just as lawyers who graduate from the Nigerian Law School.
While congratulating DAILY ASSET Newspaper for celebrating eight years , the former governor drummed support for the organisation and urged the staff to follow the vision of the publisher.