COVER
Atiku Vows to Trudge on until S/Court Decides
By Ben Atonko & Jude Opara, Abuja
Former Vice President and presidential candidate of the Peoples Democratic Party (PDP) in the February 25 presidential election, Atiku Abubakar on Thursday, said his battle against President Bola Tinubu will endure until the last court in the land rules.
Speaking at press a conference in Abuja, Atiku said the battle against the qualification of Tinubu for the presidency was to install good governance, accountability and probity in public service.
Atiku ended his address without making a definite position on Tinubu’s certificate matter.
The allegation of forgery was among those dismissed by the Presidential Election Petition Court in the suit Atiku filed to challenge the election of Tinubu.
After losing the case in Nigeria,he proceeded to the US scouting for evidence to prove that Tinubu had tendered a forged document to Nigeria’s electoral umpire.
He approached a US court asked for official documents to back his claim and possibly include them in his appeal at the Supreme Court.
The US court obliged Atiku and directed the Chicago State University (CSU) to release to him documents relevant in his case.
He sought three documents viz: an example of a CSU diploma issued in 1979; Tinubu’s diploma issued in 1979; example of a CSU diploma that “contains the same font, seal, signatures and wording” as Tinubu’s diploma issued in June 1979 and CSU documents certified and produced by Jamar Orr, an associate general counsel at CSU at the time.
The university registrar had made an oral deposition of the documents, but there were different interpretations.
When a journalist asked him to state specifically what he found after perusing the documents, Atiku declined but called on his lawyer, Kalu Kalu to speak in his stead.
Kalu said one of the documents showed that Tinubu forged the certificate of a black American.
In his words, “On the certificate issued or released by Chicago State University to the lawyers of Alhajji Atiku Abubakar. These are the documents; One, that Bola Ahmed Tinubu forged the certificate he presented to INEC [Independent National Electoral Commission].
“Two, that the qualified certificate from Southwest College to Chicago State University bears a female. That means that document doesn’t belong to Bola Ahmed Tinubu.
“Three, the Chicago State University admission application form has a claim that Bola Ahmed Tinubu attended Government College Lagos and graduated in 1970, when indeed the school got established in 1974.
“The same document has it that the owner of that document is a Black American and the document Bola Ahmed Tinubu submitted to INEC, he denied having dual citizenship, which means it does not belong to him.”
Earlier, the presidency for the first time had dismissed claims that the certificate Tinubu presented to INEC for the 2023 elections was forged.
Tinubu’s media aide, Temitope Ajayi said CSU had affirmed under oath that Tinubu attended and graduated from the institution and that the school does not handle replacements for lost certificates.
He said there was no truth in the forgery claim, adding that no person can forge a certificate he already has.
His presentation on X read, “We should be clear. In the deposition made by the Chicago State University, there was nowhere the university said the certificate presented to INEC by President Tinubu is fake.
“The university insisted under oath that President Tinubu graduated with honours and even at that, replacement for lost certificates is done by vendors not the university.
“The claim that President Tinubu submitted fake certificate to INEC does not make sense.
“A man cannot forge the academic records he possesses. You can only forge what you don’t have.”
Atiku, who was accompanied to the press conference by former state governors and PDP chieftains vowed to fight the battle to a logical conclusion.
The PDP presidential candidate paid tribute to the late Human Rights activist, Gani Fawehinmi, stressing that the activist inspired him to make inquiries about Tinubu’s certificate.
He appealed to the Labour Party (LP) presidential candidate Mr Peter Obi as well as that of the New Nigeria Peoples Party (NNPP) Rabiu Musa Kwankwaso to join him in the struggle to enthrone legitimate and lawful government for Nigeria.
According to him, the nation needs a legitimate government in the interest of future generations as he called on well-meaning Nigerians to join the struggle.
APC Replies Atiku, Says PDP Candidate a Liar
The All Progressives Congress (APC) on Thursday, fired back at former Vice President, Alhaji Atiku Abubakar following his earlier press briefing, where he alleged that President Bola Tinubu presented fake certificate to the Independent National Electoral Commission (INEC).
It would be recalled that Atiku, who was also the presidential candidate of the Peoples Democratic Party (PDP) in the February 25 Presidential election had approached a Court in the United States of America to compel the Chicago State University (CSU) to publish the academic records of Tinubu.
In a statement, the National Publicity Secretary (NPS) of the APC, Felix Morka said the briefing by Atiku was a pure waste of time, which focused on fiction and unsubstantiated claims.
Morka in the statement titled; “Yet Again Atiku Abubakar Beats His Tattered Drum of Shame” said the APC was unfazed by whatever claims Atiku made in his briefing because it lacked purpose and delivered pure lies.
“The press briefing lacked purpose and delivered nothing except the pitiful regurgitation of lies, mindless distortions and deliberate falsehood on his infantile obsession with the academic record of Bola Ahmed Tinubu, President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria.
“For several weeks now, Nigerians and the world have watched with incredulity, Alhaji Atiku Abubakar’s display of utter desperation in his failed bid to become the President of Nigeria.
“Earlier today, he put his desperation in overdrive during his press conference, where he addressed some of the issues in his appeal at the Supreme Court and bandying unproven charges against the President of Nigeria, His Excellency Bola Ahmed Tinubu, in a calculated attempt to shamelessly whip up public sentiments and inordinately pressure the Supreme Court”.
According to the APC spokesman, the only takeaway from the press briefing is that the former Vice President bears a deep seated animosity against President Tinubu.
“The major takeaway from his Yar’Adua Centre show, especially at question time, was that Atiku harbours deep animosity towards Tinubu whom he believes was responsible for his electoral woes in 2007, 2015, 2019 and this year.
“In desperation, unbecoming of a statesman who once occupied the second highest office in the land, the PDP candidate in the last election has thrown every decency, decorum, dignity and national respectability out the window on his purposeless judicial voyage of discovery to the United States in search of a magic wand for taking power against the will of the Nigerian electorate loudly expressed in last February’s presidential election.
“Alhaji Atiku Abubakar holds the unenviable title of Nigeria’s most prolific election loser and longest running presidential candidate in history, and we see his recent US fishing expedition as the last kick of a roundly rejected presidential aspirant.
“While we sympathize with Alhaji Atiku Abubakar for spending a lifetime pursuing unrealized dream, we strongly condemn the perfidious road he has taken and the needless negative exposure of Nigeria and the institution of the Presidency in foreign land” he stated.
Morka also claimed that CSU owned up that Tinubu was actually a student of the institution as the president has consistently claimed.
“Just for the record, we wish to provide some clarity on the matter of the deposition of Mr. Caleb Westberg, the Registrar of Chicago State University, last Tuesday under oath at the Chicago office of Atiku’s lawyer, Angela Liu, to save unsuspecting Nigerians from barrage of untruths, distortions and campaign of misinformation being dished out by Atiku and his PDP
“Mr. Westberg was unmistaken and unambiguous in his deposition as to the fact that President Bola Tinubu graduated with honours from Chicago State University. He also emphatically provided clear answers on all other issues raised which we can sum as follows:
“That the person who is Nigeria’s president, Bola Ahmed Tinubu, is the same person who attended Chicago State University.
“He confirmed that a certain gentleman called Adeniji who had come forward to say he was Tinubu’s classmate was in fact a student at CSU at the same time and they both ran for student union positions”.
“Furthermore, he stated that the ‘F’ on the Southwest college certificate, a feeder institution to CSU, which President Bola Tinubu used to gain admission into CSU was a clerical error which could of course happen. He reiterated that Southwest College was a major feeder source for CSU.
“He pointed out that CSU has had at least six Registrars since 1979 and in an affidavit at an Illinois court prior to the deposition said “Chicago State University provided a diploma to Bola Ahmed Tinubu, and subsequently provided a certified (or official) copy of that diploma. Both are valid and authentic diplomas of Chicago State University,” he explained.
The statement added that Atiku did not only want the CSU documents for his case at the Supreme Court but to use it to blackmail the President but observed that the plan had failed flat because Nigerians knew they freely elected President Tinubu as their leader.
COVER
Yahaya Bello to Spend Christmas, New Year in Kuje Prison
By Mike Odiakose, Abuja
Immediate past governor of Kogi State, Yahaya Bello will spend the 2024 Christmas and 2025 New Year days in Kuje prison, Abuja, following refusal of his bail application by the Federal Capital Territory High Court.
Justice Maryann Anenih yesterday adjourned the case until Jan.
29, Feb. 25, and Feb. 27, 2025 for the continuation of the hearing.The former governor is standing trial, along with two others, in an N110 billion money laundering charge brought against him by the Economic and Financial Crimes Commission (EFCC).
Justice Anenih had refused to grant a bail application filed by Bello, saying it was filed prematurely.
The judge admitted Umar Oricha and Abdulsalam Hudu, to bail in the sum of N 300 million each with two sureties.
Justice Anenih, while delivering a ruling said, having been filed when Bello was neither in custody nor before the court, the instant application was incompetent.
“Consequently, the instant application having been filed prematurely is hereby refused,” she said.
Recalling the arguments before the court on the bail application, the judge had said, “before the court is a motion on notice, dated and filed on Nov. 22.
“The 1st Defendant seeks an order of this honourable court admitting him to bail pending the hearing and determination of the charge.
“That he became aware of the instant charge through the public summons. That he is a two-term governor of Kogi State. That if released on bail, he would not interfere with the witnesses and not jump bail.”
She said the Defendant’s Counsel, JB Daudu, SAN, had told the court that he had submitted sufficient facts to grant the bail.
He urged the court to exercise its discretion judicially and judiciously to grant the bail.
Opposing the bail application, the Prosecution Counsel, Kemi Pinheiro, SAN, argued that the instant application was grossly incompetent, having been filed before arraignment.
He said it ought to be filed after arraignment but the 1st Defendant’s Counsel disagreed, saying there was no authority
“That says that an application can only be filed when it is ripe for hearing.”
Justice Anenih held that the instant application for bail showed that it was filed several days after the 1st defendant was taken into custody.”
Citing the ACJA, the judge said the provision provided that an application for bail could be made when a defendant had been arrested, detained, arraigned or brought before the court.
Bello had filed an application for his bail on November 22 but was taken into custody on November 26 and arraigned on Nov. 27.
COVER
Middle Belt Group Tasks FG on Resettlement, Safety of IDPs
From Jude Dangwam, Jos
Conference of Autochthonous Ethnic Nationalities Community Development Association (CONAECDA) has called on the federal government to intensify efforts in the resettlement of displaced persons in their ancestral homes.
The organization made this call at the end of its conference held in Jos, the Plateau State Capital weekend.
Thirty resolutions were passed covering security, economy, politics, governance, culture, languages, human rights and indigenous peoples’ rights among others.
The Conference President, Samuel Achie and Secretary Suleman Sukukum in a communique noted that the conference received and discussed reports from communities based on which resolutions were reached on securing, reconstruction, rehabilitation and returning communities displaced by violence across the Middle Belt.
“After considering the reports from communities displaced by violent conflicts, conference resolved, and called on government to focus on providing security to deter further displacements.
“Call on government to provide security to enable communities to return. Government and donor partners should assist in reconstructing and returning displaced communities,” the communique stated.
The GOC 3 Armoured Division Nigeria Army represented by Lt Col Abdullahi Mohammed said the Nigerian Army is committed to working closely with communities to achieve a crime-free society, urging communities to support them with credible information.
“Security is a collective effort, and we cannot do it alone, the community plays a crucial role in ensuring safety.
“We urge everyone here not to shield or protect individuals involved in criminal activities. Transparency and collaboration, together, with maximum cooperation, we can achieve peace, security, and prosperity for our society,” the GOC stated.
The National Coordinator of CONECDA, Dr. Zuwaghu Bonat in his address at the gathering noted that the theme of this year’s program, Returning, Resettling, and Rehabilitating Displaced Communities, was chosen as a wakeup call on the federal government.
He maintained that the organization is aware that President Bola Tinubu has expressed a commitment to ensuring that displaced communities return to their ancestral lands.
He said similarly, some state governments, including Plateau State, have set up committees to address the lingering matter.
The coordinator however cautioned, “It is critical that we avoid generalizations or profiling. For instance, Not all Muslims are involved in terrorism. The overwhelming majority of Muslims in Nigeria are peaceful and reject extremist ideologies.
“We also know that some terrorists exploit religion to mobilize support or rationalize their actions. However, their atrocities – slaughtering women, cutting open pregnant mothers, and killing children show a profound disregard for humanity and God. Normal human beings would not commit such acts.
“We must also be cautious about lumping banditry with terrorism. While statistics indicate that many bandits and kidnappers may share similar ethnic backgrounds, kidnapping has now evolved into a profit-driven enterprise. This distinction is vital to address the root causes effectively,” he stated.
The Governor of Plateau State, Caleb Mutfwang represented by his Senior Special Assistant (SSA) on Middle Belt Nationalities, Hon Daniel Kwada noted that the conference was apt to addressed the various underlying issues bedeviling the region and its people.
“We in the Middle Belt have long been standing at the crossroads of Nigeria’s complex history. Despite our tireless efforts to stabilize this nation, we have faced immense challenges, including underdevelopment, security issues, and marginalization.
“Often, we are unfairly maligned, but gatherings like this offer a chance to change the narrative.
“Such conferences set the tone for better discussions. They allow us to drive processes that bring development, ensure security, and elevate our people to greater heights,” Mutfwang noted.
COVER
Recapitalisation: SEC Charges Banks to Strengthen Corporate Governance
Securities and Exchange Commission (SEC) has called on banks to reinforce their corporate governance principles and risk management frameworks to boost investor confidence during the ongoing recapitalisation exercise.
Dr Emomotimi Agama, Director-General, SEC, said this at the yearly workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN) held in Lagos.
The theme of the workshop is: “Recapitalisation: Bridging the Gap between Investors and Issuers in the Nigerian Capital Market”.
Agama, represented by the Divisional Head of Legal and Enforcement at the SEC, Mr John Achile, stated that the 2024–2026 banking sector recapitalisation framework offers clear guidance for issuers while prioritising the protection of investors’ interests
He restated the commission’s commitment towards ensuring transparency and efficiency in the recapitalisation process.
The director-general stated that the key to bridging the gap between issuers and investors remained the harnessing of innovation for inclusive growth.
In view of this, Agama said, “SEC, through the aid of digital platform, is exploring the integration of blockchain technology for secure and transparent transaction processing to redefine trust in the market.”
He added that the oversubscription of most recapitalisation offers in 2024 reflects strong investor confidence.
To sustain this momentum, the director-general said that SEC had intensified efforts to enhance disclosure standards and corporate governance practices.
According to him, expanding financial literacy campaigns and collaborating with fintech companies to provide low-entry investment options will democratise access to the capital market.
He assured stakeholders of the commission’s steadfastness in achieving its mission of creating an enabling environment for seamless and transparent capital formation.
“Our efforts are anchored on providing issuers with clear guidelines and maintaining open lines of communication with all market stakeholders, reducing bureaucratic bottlenecks through digitalisation.
“We also ensure timely review and approval of applications, and enhancing regulatory oversight to protect investors while promoting market integrity,” he added.
Agama listed constraints to the exercise to include: addressing market volatility, systemic risks, limited retail participation as well as combating skepticism among investors who demand greater transparency and accountability.
He said: “We are equally presented with opportunities which include leveraging technology to deepen financial inclusion and enhance market liquidity.
“It also involves developing innovative financial products, such as green bonds and sukuk, to attract diverse investor segments.
“The success of recapitalisation efforts depends on collaboration among regulators, issuers, and investors.”
Speaking on market infrastructure at the panel session, Achile said SEC provides oversight to every operations in the market, ranging from technology innovations to market.
He stated that the commission is committed to transparency and being mindful of the benefits and risks associated with technology adoption.
Achile noted that SEC does due diligence to all the innovative ideas that comes into the market to ensure adequate compliance with the requirements.
On the rising unclaimed dividend figure, Achile blamed the inability of investors to comply with regulatory requirements and information gap.
He noted that SEC had done everything within its powers to ensure that investors receive their dividend at the appropriate time.
He, however, assured that the commission would continue to strengthen its dual role of market regulation and investor protection to boost confidence in the market.
In her welcome address, the Chairman of CAMCAN, Mrs Chinyere Joel-Nwokeoma, said banks’ recapitalisation is not just a regulatory requirement, but an opportunity to rebuild trust, strengthen the capital market, and drive sustainable growth.
Joel-Nwokeoma stated that the recent recapitalisation in the banking sector had brought to the fore the need for a more robust and inclusive capital market.
She added that as banks seek to strengthen their balance sheets and improve their capital adequacy ratios, it is imperative to create an environment that fosters trust, transparency, and cooperation between investors and issuers.
The chairman called for collaboration to bridge the gap between investors and issuers to create a more inclusive and vibrant Nigerian capital market.She said: “we must work together to strengthen corporate governance and risk management practices in banks, enhance disclosure and transparency requirements for issuers.” NAN