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Leave South West Now, Arewa Youths Tell Northern Herders

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By Martin Paul, Abuja

Northern Youths Council of Nigeria (NYCN) has expressed worries over the recent attacks on northerners in Sasha market of Akinyele Local Government Area in Oyo state.

The Youths in a statement in Abuja said  the action was the beginning of an agenda being perpetrated to expel northerners from the region.

The group then  called on all herdsmen to leave sll Forest Reserves in the south west immediately.

“The attention of the Northern Youths Council of Nigeria has been drawn to the ongoing Carnage against Northerners, particularly in Sasha Market of Akinyele Local Government, Oyo State, South West Nigeria wherein so many were either killed or injured, business premises and vehicles burnt by Yoruba hoodlums.

“We wish to condemn such an attack in the strongest terms possible and call on security agents to arrest the perpetrators so as to serve as deterrent to would be hoodlums.”

 “The eviction orders by Ondo Governor, Rotimi Akeredolu, violate the provisions of the constitution of the Federal Republic of Nigeria,1999 as amended, which guarantees freedom of movement to all citizens and rights to own movable and unmovable properties in any part of the country.

“We believe strongly that the inability of the government at all levels to tame the lawless wings of Sunday Igboho and his co-travellers has led to the emergence of his variants, hence, the renewed attacks on settled business people and many others that can’t speak Yoruba at Sasha Market,” the statement explained.

The youths called on the federal government to declare Sunday Igboho’s group a terrorist organisation, alleging that  he was not different from Boko Haram.

Avoid Ethnic Champions for Peace- Lukman 
But, the Director General of the Progressive Governors’ Forum (PGF) Salihu Lukman advised Nigerians to distance themselves from ethnic agitation champions for peace to reign.

He also challenged political leaders to wake up to their responsibilities and provide leadership on matters that had taken over national discourse for unity in recent times.

Lukman, a chieftain of the ruling – All Progressives Congress (APC), was reacting in a statement in Abuja yesterday over last week crisis in Shasha area of Ibadan, Oyo State between a Hausa tomato sellers and a Yoruba woman, which led to death of one person and destruction of property.

“While it is important that all law-abiding citizens dissociate themselves from all the campaigns of ethnic hatred going on in the country, we must caution our political leaders to wake up to the responsibility of providing political leadership on a matter that has taken over every political debate. As it is today, it is impossible to debate any issue in Nigeria without the attempt to interpret it along ethnic and religious lines.

” We need to appeal to our political leaders to take all the steps required to move our nation forward, away from these politics of ethnic hatred. The only way our children and Nigerians can be maximally and confidently competitive in every sphere in our contemporary knowledge driven world is when events in our country are inspiring citizens beyond the clamour for ethnic hatred.

“Instead of hating each other, can our leaders take steps to begin to push us to love each other? The need to guarantee justice at all times, irrespective of who is affected is about the only route for peaceful co-existence in the country.

“Once that is compromised, the foundation of our democracy will be eroded. The burden facing our political leaders is to begin to take every necessary step to move our people and our nation from all parts of the country towards ensuring fairness in every part of the country.

“The basis of fairness must be such that to love ourselves, we must love others. Once we can’t guarantee fairness, we should delete the word love in our vocabulary.

“Therefore, we must demand that our political leaders should show love to themselves by ensuring fair conduct of all citizens as a basis for citizens’ love to leaders and the nation.”

The APC chieftain expressed fears the level of intolerance may get worse as we move towards 2023 general elections.

He complained that the level of intolerance in the country on account of ethnic background is beyond imagination.

“Before Sasha, there were many reportedly alleged cases of communal violence across the country. Till today, there is hardly any reported position or proposal taken by any of our national organisations.

“All we have is clamour by ethnic bullies and warlords mobilising support against ethnic groups they considered as their enemies.

“Even leaders of national organisations have become not more than ethnic bullies and warlords. Once leader takes a position based on ethnic sentiments without the humility to consider positions of other members who are part of organisations he/she is leading, such a leader is nothing more ethnic bully or warlord.

“The few cases of deliberations in the chambers of the National Assembly, for instance, were even more worrisome as members just adopt positions based on ethnic consideration, may be expectedly so.

“We could justify this with the argument that this is largely because there was no initiative to guide the position of members by their parties. This is not just a problem of one party. All the parties are guilty.

“Certainly, because APC is the governing party it has to take more responsibility. We must appeal to our leaders to rise up to the challenge of developing proactive responses to the problems of insecurity being compounded by ethnic hatred in the country.

“Our parties must wake up to take all the necessary steps to take decisions, which should guide the response of every leader and member. This is not just a partisan matter.”

Fulani Leaders Refute Returnees Figure


Meanwhile, some Fulani leaders at Ladduga grazing reserve in Kachia Local Government Area of Kaduna state, with other stakeholders, have ssid that only 107 against 4,000 herders returned from Oyo state.

 A leader of the Fulanis at Ladduga, Malam Ardo Goge, told some Peace builders and Journalists, who visited four of the new settlements of the Fulanis from Oyo state, due to the quit notice given to them that only 107 of them relocated with their children, women and the  elderly.


Goge explained that the returnees were initially from the community before they left for the South, saying: “They left the area eight years ago to the South in order to feed their animals and now they are back.”

According to him, the returnees were peace loving herders, with a good record of promoting peaceful co-existence, even before they left Ladduga community to the South, saying that no herder would arrive Ladduga without the knowledge of the community leaders.

He challenged journalists and NGOs to prove that over 4000 herders had arrived Ladduga as earlier published in the media, saying that the media should always cross check their facts before posting their news, to avoid unnecessary suspicions.

“These herders were our own people and we have been living with them in peace and harmony for many years, before they migrated to the south, and now they are back due to threat of attack.

“They are not foreigners, they are Kaduna state indigenes, it is the crisis that brought them back. “we have given them place to stay and we have cleared the bush for them to build new homes with their families, ‘

”But they lack many things like social amenities, clothes, foods as they came into the state without their normal cows and other animals we are used to seeing them with”.

 A former Permanent secretary of the Kaduna state peace commission, who is also a resident of the community, said he had been part of the fact finding mission to Ladduga community.

 Momale said that since the report that over 4000 Fulani herdsmen arrived Ladduga community, he had spent a whole day in the forest with some Fulani Leaders moving round to ascertain the number of those Fulanis that relocated from the south west.

“From the facts and figures, we only received the report of only 107 Fulani migrants from the South, who were originally Fulanis from the area that came back home” he said. He stated that some of the Fulani herdsmen complained of lack of shelter, food and warming cloths against the hamattan. Ibrahim Abdullahi, one of the returnees, reiterated their needs to include food and shelter, as their children were sleeping in open spaces and the ”weather is really cold”. He called on Non-Governmental organizations (NGOs), Civil society organizations, NEMA, SEMA, The Red Cross, Interfaith mediation centre and public-spirited individuals to come to their aid. Abdullahi also appealed to Miyetti Allah and all Fulani organizations to come to their rescue as they were really in need of help.

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Federation Account Garners N7trn Revenue in Six Months – RMAFC

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By Tony Obiechina, Abuja

Revenue Mobilization Allocation and Fiscal Commission (RMAFC) yesterday disclosed that a total sum of N7.31 trillion accrued to the Federation Account between July and Dec. 2023.This was captured in the monthly report to the Federation Account Allocation Committee (FAAC) by the Central Bank of Nigeria (CBN) under the caption “CBN Federation Account Component Statement”.

This amount is higher than the sum of N5.
244 trillion realised in the first half of year 2023, according to a statement signed by the RMAFC Chairman, Mr. Mohammed Bello Shehu and made available to the media in Abuja.The chairman disclosed that out of the total gross revenue inflows into the Federation Account, the sum of N1,692 trillion was transferred to the Exchange Gain Differential Account, thus leaving a balance of N5.
475 billion for distribution.He added that from the amount stated above, the sum of N3.26 trillion was deducted as approved statutory deductions by the OAGF, leaving a net balance of N2.2 trillion for distribution to the three tiers of government within the period under review.The chairman explained that out of the N3.267 trillion statutory deduction indicated above, N2.251 trillion was transferred to the Non-Oil Excess Account as savings, thus leaving a net statutory deduction of N1.016 trillion with further augmentations for sharing among the three tiers of government received from some “reserve accounts.”The statement added that within the period under review, the net sum of N4 trillion was shared with the three tiers of government, an amount higher than the total sum of N3.06 trillion.In terms of percentages, the chairman stressed that “the statutory deduction in the second half of the year constituted 44.12 percent of the total gross inflow into the Federation Account in the six-month period, which was higher than the first half deductions of 42.31 percent (inclusive of transfer to the Non-Oil Excess Account).”On remittances by Revenue Generating Agencies (RGAs), the RMAFC chairman disclosed that out of the total gross revenue inflows into the Federation Account, the Nigerian National Petroleum Company Limited (NNPCL) remitted N874 64 billion in the second half of the year as against the zero-remittance made in the first half of the year.Similarly, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted the sum of N1.56 trillion while the Federal Inland Revenue Service (FIRS) remitted N3.65 trillion

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PDP NEC Meeting Ends with Damagum as Acting Chairman

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By Johnson Eyiangho, Abuja

Peoples Democratic Party (PDP) 98th National Executive Committee (NEC) meeting yesterday ended without a word on the much talked-about replacement of the party’s Acting National Chairman, Amb. Iliya Damagum, an indication that he will continue to function in that position.

In an interview with newsmen after the meeting, the PDP spokesman, Hon.
Debo Ologunagba said for now, the party is focusing on issues of reconciliation and its stability, adding that the issue of the Acting National Chairmanship had been “deferred to the next NEC meeting, which is tentatively scheduled for August 15, 2024″.
Also speaking, the Governor of Bauchi State and Chairman of the PDP Governors’ Forum, Bala Mohammed said the party is united as there was no dissension and rancour.
In his words, “It was planned that the party would have an implosion. PDP is more than that. We have gone beyond all that. This party is united, guided by experience and constitutionality.”There were a lot of permutations and mischievous thinking outside there. But we looked at all the issues and we worked along our guidelines and constitution.“There is no problem or dissension and problem among members,” Mohammed said.The well attended NEC meeting was held amid tight security as police and personnel of the Department of State Services (DSS) condoned off roads leading to the PDP Secretariat, Abuja and diverted vehicular traffic.It will be recalled that the PDP National Working Committee (NWC) had passed a vote of confidence on Damagum during its meeting on Tuesday.A communique issued at the end of the three hours meeting commended all the organs of the party for their collective resilience, steadfastness and commitment towards the unity, stability and sustenance the party despite daunting challenges.The communique commended the efforts of the NWC in its effort towards rebranding the party and urged all party members to continue to work together for the success of the PDP for the benefit of Nigerians and sustenance of democracy in our country.

The document which was read by the PDP National Publicity Secretary, Ologunagba, however, expressed concern over what it described as the ill-implemented policies of the APC administration, leading to worsening insecurity, harrowing economic hardship, soaring unemployment rate, high cost of food and other necessities of life with pervading misery and despondency across the country.”NEC expresses serious apprehension over the spate of acts of terrorism and violence including the escalated cases of mindless killings, mass abduction of innocent Nigerians and marauding of communities in various parts of the country.”NEC condemns the insensitivity, nonchalance, incompetence and arrogance in failure of the APC administration which continues to conduct itself in a manner that shows that it has no iota of interest or commitment towards the wellbeing of Nigerians.”NEC also condemns the creeping totalitarianism and tendencies towards a One-Party State which is inimical to the peace, stability and corporate existence of our nation as well as the development of Democracy and good governance in the country,” it said.The communique demanded that President Bola Tinubu should urgently convene a special National Security Council meeting to proffer a holistic solution and measures to curb the disturbing insecurity with its attendant negative consequences on the nation.It also called on the president to “immediately rejig his Economic Team to bring in persons of proven integrity and competence without bias and vested interest to assist in repositioning the economy.”NEC further demands that the Federal Government should review all policies and programmes which are stifling the economy with suffocating effect on the lives of citizens; including the increase in price of fuel without cushioning measures, hike in electricity tariff, increased taxation and implementation of adverse fiscal policies,” the communique added.Present at the meeting were FCT Minister Nyesom Wike, former Vice President Atiku Abubakar and many other past and presently elected members of the PDP.

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CBN Reduces Banks’ Lending Rate to 50 Percent

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By Tony Obiechina, Abuja

Central Bank of Nigeria (CBN) yesterday announced a review of the loan-to-deposit ratio (LDR) for banks from 65 percent to 50 percent to align with the current monetary tightening.

LDR is used to assess a bank’s liquidity by comparing its total loans to its total deposits.

An increase in the loan-to-deposit ratio allows banks to expand their credits to businesses and individuals, however, a decline in LDR reduces their ability to loan customers from depositors’ funds.

CBN disclosed the increase in a circular titled “Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy”, signed by Adetona Adedeji, CBN Acting Director, Banking Supervision Department.

“Following a shift in the b  ank’s policy stance towards a more contractionary approach, it is imperative to review the loan-to-deposit ratio (LDR) policy to align with the current monetary tightening by the CBN,” the apex bank said.

“Accordingly, the CBN has decided to reduce the LDR by 15 percentage points to 50%, in a similar proportion to the increase in the CRR rate for banks.

“All DMBs are required to maintain this level and are further advised that average daily figures shall continue to be applied to assess compliance.”At the last monetary policy committee (MPC) meeting on March 26, the CBN retained the CRR at 45 percent and the liquidity rate at 30 percent.

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