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2023: Saraki, Tambuwal, Bala Mohammed  Begin Joint Consultative Meetings with Govs

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From Victor Nick Gai, Jalingo and David Torough, Makurdi

.Push for No-zoning Arrangement

.Seek Northern Consensus Candidate

Former Senate President, Dr Bukola Saraki, Governor Aminu Tambuwal of Sokoto State and Governor Bala Mohammed of Bauchi State, all of whom are presidential aspirants on the platform of Peoples Democratic Party, (PDP) have remained dedicated to their course of evolving a consensus candidate among the aspirants from the north.

Curiously, former Nigerian Vice President, Atiku Abubakar, who is also from the north and on the verge of contesting the presidency for the fourth time, appear not to be on the same page with them.

The threesome of Saraki, Tambuwal and Mohammed began their mission three weeks ago when they met in Bauchi with Mohammed as their host. Addressing the press after their meeting, Saraki declared that their intention was to bring up a northern consensus presidential candidate and to sell the idea to Atiku.

While it appears that Atiku is unyielding in throwing his hat into the ring, Saraki and company have coalesced into a Unity Forum umbrella upon which they have resolved to traverse the country in a consultative meeting with PDP governors.

Apart from pressing for need for the northern presidential aspirants to produce one formidable candidate, they are spreading the message that zoning out the north and making the party’s presidential ticket and exclusivity of the South would be counter-productive at the polls, given that the game-changing votes in every presidential election circle come from the north.

On Monday the trio visited the Benue State Governor, Samuel Ortom, to consult him on their missions.

They held private discussions with Ortom in furtherance of their three-prong objectives as well as in the interest of the country.

Saraki, who addressed Ortom on behalf of the team, disclosed that they decided to form a unity team, mainly to enable them reach a consensus among themselves in the days ahead.

He stressed that they took the initiative to work as a team without anybody forcing them to do so, adding that it became necessary because the country was too divided by personal interests.

According to Saraki “I’m here today with my two brothers, the governor of Sokoto State, His Excellency, Aminu Tambuwal and of course, the governor of Bauchi State, His Excellency, Bala Mohammed. We are here today as part of our ongoing consultation of three of us who have shown indication to aspire for presidency under our great party.

“We, on our own about couple of weeks ago felt that in the interest of our party as well in the interest of our great country that we should be able to come together and find a consensus among us.

“Our interest is very little compared to our country’s at this time when it is in its very defining moment. I believe only our party can rescue this country from where it is today and those of us who are aspiring are committed to ensure that we find somebody who will unite us whom we will all support. That’s a better way to unite the party and reduce the rancour in the process.

“To do that, we must also carry along key stakeholders of the party, leaders in the party like you and that’s why we are here today. Three of us alone cannot win and deliver; it is all of us and that’s why we feel that at this very stage of our deliberation, leaders like you must be part of it. That’s why we held a private discussion for you to know that we are very serious about this.

“The seriousness comes from our total belief that it’s for the unity of our party. All of us are eminently qualified to lead this country; it’s about us ensuring that we put the country first and that is why we are here.”

Saraki thanked the Benue State governor for the fruitful discussions they had, noting that “We’re confident and encouraged by your comments that what we are doing is in the best interest of our party and for our country.”

He added that, “Our plan is to see the other colleagues across the country. We’re hoping today to see you and two other governors and also tomorrow some others.

“We are committed on PDP winning. Any of the aspirants is eminently competent to rule this country and lead this country. But whoever that person is, he needs all of us. That is what is priority, not whether Aminu is president or Bala or Wike or Anyim or Waziri; no! It is what will make Nigeria better and we believe it’s the PDP platform.”

Governor Ortom eulogised the trio, describing all of them as eminently qualified to be the president of Nigeria, adding that, “These two leaders (Saraki and Tambuwal), Nigerians can testify that during their time that they did very well and delivered on their mandate, so I’m not surprised today they are coming out for presidency. My brother, Mohammed, who we were colleagues together at the administration of President Goodluck Jonathan, he is also eminently qualified and I’am happy.

In continuation, the three on the same day moved to Abuja, where they consulted the Taraba State Governor, Darius Dickson Ishaku, who promised to work for the emergence of a credible presidential flag-bearer that could make the return of the PDP to power at the federal level in 2023 a reality.

They met with Gov Ishaku at the Taraba State Governor’s Lodge in Asokoro, Abuja.

Gov Ishaku expressed delight that the three aspirants were collaborating to produce a strong presidential candidate for the party and called on leaders of the party to support the initiative.

He said Nigerians of all interests and backgrounds were waiting for the PDP to take over the leadership of the country come 2023 and called on all party members to embrace the initiative being championed by the three aspirants.

Senator Saraki who led the three aspirants on the visit, said they came to consult the governor, being one of the most respected elders and a critical stakeholder of the party.

He said the three of them were working together on a common front in order to ensure the party produced a candidate without rancour.

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Senate Investigates $18.5bn Abuja Centenary City Project

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By Eze Okechukwu, Abuja

Senate yesterday set up a seven-member ad-hoc committee to investigate the circumstances surrounding the lack of completion of the $18.5billion Abuja Centenary Economic City project, a decade after commencement.The Upper Chamber tasked the committee to review the original Public Private Partnership agreement and recommend amendments if necessary to facilitate the smooth and expeditious completion of the project.

The Senate also urged the Federal Government to prioritise the revival of the Centenary City project by providing appropriate support, resolving regulatory issues and addressing any other impediments, given its beneficial potential to the economy and people of Nigeria after 10 years of stalled progress.
The resolutions of the senate followed its consideration of a motion titled: “Urgent need to revive and complete the stalled Centenary City Project, to realise its economic and development potential” during plenary yesterday.The motion was sponsored by the Deputy Senate Leader, Senator Ashiru Yisa (APC – Kwara South).Senator Yisa in his lead debate urged colleagues to note that the Abuja Centenary Economic City project commenced in 2014 through a public private partnership to develop a modern city in the mood of Dubai, to commemorate 100 years of Nigeria’s amalgamation celebration.The Abuja Centenary Economic City Project was to be built according to the model and standard of global smart cities like Dubai, Monaco and Singapore.President Goodluck Jonathan laid foundation for the project on February 27, 2014 with a funfare.After Jonathan was defeated in the 2015 general elections, the succeeding Muhammadu Buhari administration put a halt to the project.The project driven by private investors was launched to mark the 100th anniversary of Nigeria costing $18b with 10–15 years completion period.

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CBN Gives POS Operators July 7 Deadline to Register with CAC

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By Tony Obiechina, Abuja

The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC).This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja on Tuesday.

Speaking at the event, the CAC boss said the two-month timeline to register their agents, merchants, and individuals with the commission, was “in line with legal requirements and the directives of the Central Bank of Nigeria”.
“The measure aims at safeguarding the businesses of Fintech’s customers and strengthening the economy,” a statement titled ‘CAC, PoS Operators Agree to Two-Month Deadline to Register Their Agents and Merchants to Strengthen the Fintech Industry”, the CAC added.
He stressed that the action was equally backed by Section 863, Subsection 1 of the Companies and Allied Matters Act, CAMA 2020, and the 2013 CBN guidelines on agent banking.Magaji explained that the timeline for the registration which will expire on July 7, 2024, was not targeted at any groups or individuals but aimed at protecting businesses.Several speakers from the Fintech industry pledged to collaborate with the commission to ensure hitch-free implementation of the directive.Some of them, however, stressed the need for adequate and collective sensitisation, to ensure that the exercise achieved the desired results.The Special Adviser to the President on ICT Development and Innovation, Tokoni Peter, in his remarks, pledged to ensure smooth facilitation of the process in line with the Renewed Hope Initiative of the present administrationThe representatives of Opay, Momba, Palmpay Ltd, Pay Stack, Fair Money MFB, Monie Point, and Teasy Pay present at the event, later signed up for a document to support the project.

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CBN Exempts Salaries, Loans, Pensions, Donations from Cyber Security Levy

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By Tony Obiechina, Abuja

Central Bank of Nigeria (CBN) has exempted 16 items from the 0.5 per cent Cybersecurity levy on all electronic transactions.CBN had directed banks to begin charging 0.5% cybersecurity levy on transactions as part of efforts to contain the rising cybercrime threats in the financial system.

According to the Apex Bank, deducted funds will be remitted to the National Cybersecurity Fund (NCF), which shall be administered by the Office of the National Security Adviser (ONSA).
A circular released by the CBN on Monday directed all commercial, merchant, non-interest and payment service banks to comply with the directive.The circular revealed that it was a follow-up on an earlier letter dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018 (Ref: BSD/DIR/GEN/LAB/11/023), in compliance with the Cybercrimes (Prohibition, Prevention, Etc.
) Act 2015.Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 and under the provision of Section 44 (2)(a) of the Act, a levy of 0.5 per cent (0.005) equivalent to half per cent of all electronic transactions value by the business specified in the Second Schedule of the Act is to be remitted to the National Cybersecurity Fund, which the Office of the National Security Adviser shall administer.The exemptions included loan disbursements and repayments, salary payments, intra-account transfers within the same bank or between different banks for the same customer, intra-bank transfers between customers of the same bank, and Other Financial Institutions (OFIs) instructions to their correspondent banks.The exemption also applies to interbank placements, banks’ transfers to CBN and vice versa, inter-branch transfers within a bank, cheque clearing and settlements, and Letters of Credit (LCs).Others include banks’ recapitalisation-related funding only bulk funds movement from collection accounts; savings and deposits including transactions involving long-term investments such as treasury bills, bonds; and commercial papers; government social welfare programmes transactions, e.g. pension payments; non-profit and charitable transactions including donations to registered non-profit organisations or charities; educational institutions transactions, including tuition payments and other transaction involving schools, universities, or other educational institutions.Transactions involving the bank’s internal accounts, such as suspense accounts, clearing accounts, profit and loss accounts, inter-branch accounts, reserve accounts, nostro and vostro accounts, and escrow accounts, are also exempt from the levy.The central bank warned that Section 44 (8) of the Act prescribes that failure to remit the levy constitutes an offence punishable on conviction by a fine of not less than two percent of the defaulting business’s annual turnover, among other things.

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