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Police, Army Bicker Over Detectives’ Killing in Taraba

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…You’re Insensitive, Unpatriotic-FPRO

… Buhari Orders Probe

By Mathew Dadiya, Abuja

Nigerians are eagerly awaiting the full revelation of the circumstances surrounding the killing of three police officers recently by the Nigerian Army in Taraba state.

While expectations are mounting on the Federal Government to bring the perpetrators of the dastardly act to book, the Security Council presided over by President Muhammadu Buhari, yesterday held a closed doors meeting at the Presidential Villa, Abuja and set up a committee to investigate what they described as ’unfortunate killing’ of the three police intelligence officers in Ibi, Jalingo, Taraba state.

However, in swift reaction, the Police authorities said the Army was economical with the truth surrounding the killing of its personnel.

The Chief of Air Staff, Air Marshal Sadique Abubakar, while speaking with newsmen yesterday in Abuja with State House correspondents,   said that the council decided to set up a committee  to investigate the “unfortunate incidents in Ibi, Taraba state.”

According to him, the committee will be constituted under the Defence Headquarters to unearth the truth on the incident.

The air chief also said that the council evaluated the current strategy of managing internal security operations all over the country and was satisfied with the current efforts being made by the security agencies to curtailing crimes in the country.

”We are making substantial progress in all the areas of conflicts”, Air Marshal Sadique said.

The service chief, however, assured Nigerians that the armed forces of Nigeria and other security agencies would continue to work to ensure the security of Nigerian.

He added they would also ensure that no individual or group of individuals undermine the territorial integrity of Nigeria. 

Asked if the council discussed the issue of using technology and drones to fight crimes as earlier pledged to the south-west leaders, the Chief of Air Staff said, ”technology will continue to play a very critical role in resolving security challenges in Nigeria. 

“All the services are using one technology or the other in order to ensure that our country is secured. 

“So security will continue to play a role and we are also looking at other areas of technology that are not currently in use to ensure that we put together all that is required to ensure the security of Nigerian and Nigerians.”

Recalled that the Nigeria Police Force had Wednesday, accused some unidentified soldiers of shooting to death three police officers and a civilian along the Ibi-Jalingo Road, Taraba State when they were taking an arrested suspect, Alhaji Hamisu to the command headquarters in Jalingo when they were shot at by the soldiers.

The police spokesman said that despite sufficient proof that they are police personnel on legitimate duty.

The Police alleged that several other officers were also injured during the attack.

But the Army spokesman, Col. Sagir Musa, countered the police claims stating that the policemen allegedly refused to stop at a military checkpoint and were trailed and shot dead by troops who had earlier received a distress call.

Apparently not satisfied with the steps taken by the Security Council, the Police, also yesterday, ramped up public criticism of the Nigerian Army over the killing of three officers, saying the Army authorities lied.

The officers were on an operation to arrest a suspected kidnap gang leader in a remote settlement in the northeastern state. After successfully apprehending the suspect, the police officers handcuffed him and drove him towards Jalingo, the state capital, police said.

But on their way to Jalingo between, Ibi and Wukari communities, the police team of 10 persons came under close-ranging shooting from Nigerian soldiers in the white bus they were travelling on. Three officers and a civilian were killed in the process, while several others were injured.

The soldiers then freed the handcuffed suspect, police spokesperson Frank Mba said when he first made the development public on Wednesday evening.

The Nigerian Army pushed back against the account of the police late Wednesday. Army spokesperson Sagir Musa admitted soldiers from 93 Battalion were responsible for the tragedy. He, however, blamed it on poor communication on the part of the police, saying the officers were mistaken for kidnappers.

The army also claimed that villagers made a panic call to soldiers that kidnappers had come to operate in their community, leading to the hot pursuit that ended in the killing of three police officers.

Although an investigative panel had been raised to urgently get to the root of the incident, the police appeared uncomfortable with how the matter was being handled.

On Thursday evening, Mr Mba condemned the army’s description of their personnel as suspected kidnappers and challenged the military to provide evidence of its claim that villagers made a distress call to soldiers.

Mba also raised a series of questions for the Nigerian Army to clarify to Nigerians around its culpability in the killing of detectives.

Security analysts said the strongly-worded public attacks the police have been directing at the army showed that President Muhammadu Buhari was not handling the issue well and the police felt helpless.

“For the police to be releasing statements to the media and coming to Twitter to scream about this showed they are helpless and not getting the support they need from the president,” Cheta Nwanze, a security analyst, told PREMIUM TIMES Thursday.

Nwanze urged Mr Buhari to urgently resolve the dispute, saying Nigeria cannot afford a total breakdown of harmony between the police and the military, perhaps the two most crucial institutions combatting the country’s acute insecurity.

The analyst also expressed concerns that the rescue of the kidnap suspect, now believed to be at large, by the soldiers could signal high-level connivance between criminals and security chiefs.

The suspect, identified as Alhaji Hamisu, had reportedly received N100 million as ransom in a recent abduction of an oil baron in Taraba.

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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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