COVER
Protest: Military ’ll Not Allow Anarchy, Terror to Destroy Nigeria – DHQ
![](https://dailyasset.ng/wp-content/uploads/2024/02/dhq.jpeg)
By David Torough, Abuja
The Defence Headquarters (DHQ) said even though citizens of Nigeria have the constitutional right to carry out peaceful protest to express their feelings, it would not allow anarchy to destroy the country by some unscrupulous elements.The Director, Defence Media Operations, Maj.
-Gen. Edward Buba said this while briefing newsmen on the operations of the armed forces yesterday in Abuja. Daily Asset reports that on Oct. 20, 2020 soldiers opened fire on End SARS protesters at the Lekki toll gate (Admiralty Circle Plaza) in Lagos State causing the death of protesters.Buba alleged that the planned nationwide protest has the potential of degenerating into anarchy and reign of terror based on the situational analysis by the military high command.He said the military had thoroughly examined several factors such as whether or not the planned protest was motivated by opposition politics, independent parties, sovereign interference or terrorist groups amongst others.He said it was also examined to ascertain whether or not other organisations had fed on the frustrations of Nigerians to create the situation.“However, for us in the military, the constitution is clear as to how and when the military gets involved.“The constitution also clearly defines the roles and functions of the armed forces.“On the other hand, while citizens have a constitutional right to peaceful protest, they do not have a right to mobilise for anarchy in order to unleash terror.“The contemporary context of the planned protest is to shadow happenings in Kenya which has so far been violent and unresolved to date.“Given the situation, there are already indicators that unscrupulous elements are bent on hijacking the planned protest for violent purposes,” he said.Buba revealed that there were signs of status related violence such that persons with things as basic as smart phones and cars were targets, not leaving out those that own houses and shops.Other targets, according to him include: places of worship, businesses, markets, persons of other ethnic groups and members of opposing political parties among others.“Based on the foregoing, the level of violence envisaged is best described as a state of anarchy.“It is for this reason the armed forces will not watch and allow the nation spiral out of control to such low levels.“Basically, the military has been exposed to wars and has witnessed situations of anarchy in countries ravaged by war, particularly during ECOMOG or during peacekeeping operations.“It is for this reason that troops will act dutifully to forestall such ugly occurrences from happening in our nation,” he added.Buba urged the citizens to note that both the timing and the atmosphere of hardship in the country had made the planned protest different from others in the past.He added that it was incumbent upon all to quench the fires of violence rather than ignite them.“It is time to let cool heads prevail in order for the government to further remedy the situation and make our nation flourish again,” he added.On the operations of the military across the country, Buba said troops eliminated 106 terrorists, apprehended 164 others and rescued 103 hostages in different operations in the last one week.He said the troops recovered 125 assorted weapons and 1,522 ammunition, comprising 41 AK47 rifles, one PKT gun, 24 locally fabricated guns, 28 dane guns and one pump action gun.Buba said the troops recovered 755 rounds of 7.62mm special ammo, 623 rounds of 7.62mm NATO, 102 rounds of 7.62 x 54mm, 63 live cartridges and 247 empty cases of 7.62mm ammo.“Others are: 22 AK47 magazines, one baofeng radio, 22 vehicles, 31 motorcycles, two bicycles, 10 mobile phones and the sum of N2.9 amongst other items,” he said.In the North-east, Buba said the troops of Operation Hadin Kai recorded successes leading to the surrendering of Boko Haram/ISWAP terrorists and their families within the week.He said a total of 1,760 BH/ISWAP terrorists’ fighters and family members consisting 117 male adults, 345 adult females and 628 children surrendered within the week.According to him, troops neutralised 41 terrorists, arrested 27 suspects and rescued 16 kidnapped hostages as well as recovery of a cache of arms and ammunition.In the North-central, Buba said the troops of Operations Safe Haven and Whirl Stroke eliminated 12 insurgents, arrested 39 violent extremists and rescued 39 kidnapped hostages within the week.According to him, troops neutralised 41 terrorists, arrested 27 suspects and rescued 16 kidnapped hostages as well as recovery of a cache of arms and ammunition.In the North-central, Buba said the troops of Operations Safe Haven and Whirl Stroke eliminated 12 insurgents, arrested 39 violent extremists and rescued 39 kidnapped hostages within the week.He said the troops recovered several arms and ammunition comprising 21 AK47 rifles, 14 fabricated pistols, 15 dane guns, 285 rounds of 7.62mm special ammo, and 200 rounds of 7.62mm NATO.In the North-west, Buba said the troops of Operation Hadarin Daji neutralised 22 terrorists, arrested 23 terrorists and rescued 32 kidnapped hostages as well as recovered a cache of arms.Under Operation Whirl Punch, he said the troops neutralised eight terrorists, arrested 20 suspects and rescued 12 kidnapped hostages as well as recovered arms and the sum of N2.9 million amongst others.In the Niger Delta, Buba said the troops of Operation Delta Safe had maintained momentum against the activities of crude oil thieves, destroying several illegal refining sites and recovered stolen products.He said the troops recovered 802,200 litres of stolen crude oil, 121,900 litres of illegally refined AGO and 450 litres of DPK within the week.According to him, troops discovered and destroyed 20 dugout pits, 24 boats and 34 storage tanks, as well as recovered 56 cooking ovens, two speedboats, 14 pumping machines, 18 drums, 22 vehicles and motorcycles.He added that a total of 36 illegal refining sites were destroyed while a total of 32 suspected oil thieves and other violent extremists were apprehended in the region.In the South-east, the defence spokesman said the troops of Operation UDO KA neutralised three terrorists, arrested 22 violent extremists and rescued four kidnapped hostages.“Troops recovered one pump action gun, 31 rounds of 7.62mm special ammo, 23 cartridges, one baofeng radio, six mobile phones amongst other.“All recovered items, arrested suspects and rescued hostages were handed over to the relevant authorities for further action,” he said.
COVER
BOI Restates Commitment to Local Manufacturing, Job Creation
![](https://dailyasset.ng/wp-content/uploads/2020/04/BOI-Logo.png)
Managing Director of the Bank of Industry (BOI), Mr Olasupo Olusi has reaffirmed the bank’s commitment to supporting local manufacturing in Nigeria.Olusi said this when he visited the GU Ebeco facility and inspected ongoing projects at the Nisa Medical and Zeberced Group at the Idu Industrial Layout, Abuja yesterday.
He expressed delight at the progress made so far at the various facilities while commending the chief executives of the organisations, urging them to do more. During the visit to the GU Ebeco, the BOI boss emphasised the importance of job creation and the need for their products to proudly bear the “Made in Nigeria” label.Olusi praised GU Ebeco’s progress over the past seven years, applauding its expansion into a national enterprise with over 1,500 employees and several facilities across the country.“I am very happy with the fact that BOI has supported this enterprise for the last seven years. It is wonderful to see that it has grown.“It employs 1,500 staff, and operates a national distribution system. We are proud of the significant role GU Ebeco is playing in the Nigerian manufacturing landscape,” he said.The BOI boss also commended the loan repayment performance of the company saying it had taken multiple facilities from the BOI. He encouraged other young entrepreneurs to stay focused, while assuring them of BOI’s commitment to supporting them and Nigeria’s industrialisation efforts.Responding Mr Ebere Uzozie, Managing Director of GU Ebeco, expressed his appreciation for the continued support from the BOI.“We are grateful for the Bank of Industry’s backing. Their loans have helped us expand and create lasting change. We now have 34 facilities, and we are debt-free.” We are optimistic the visit will mark a new chapter for the company, and will ensure further growth and partnerships that will contribute to Nigeria’s industrial future,” Uzozie said.at the Zeberced Group, its Managing Director, Mr Aydin Kurt, said that Nigeria had lots of potential and could be the future of the world.While acknowledging the country’s potential in industrialisation, he emphasised the importance of producing locally in Nigeria rather than relying on imports.Kurt also appealed for more collaboration with the BOI to promote industrialisation, create jobs and help grow the economy.“I cannot do it alone. we have to come together and create a synergy to attract different investors to come and also invest in this country.“This is our vision we have a lot to share with you, and thank you once again for visiting our corporations,” he said.Responding, the BOI managing director said that the bank was keen on infrastructure and committed to supporting industrious infrastructure.“This project is very important to us and a critical objective for the county and, in that spirit, we have decided that we will continue to support the proliferation of industrial parts across the nation.Why yours is so unique is because it has a plan for Micro Small and Medium Enterprises (MSMEs) which is very important.“We have a mandate to support that particular segment of our economy because they are the ones that champion job creation and most of the growth of the economy is attributed to them,” Olusi said.The BOI boss thanked Zeberced Group for the opportunity while commending the groups’ vision, energy and optimism to carry the project forward.“We look forward to our partnership. Like I said, we all want to be parts and parcel of this project, we have already given you some money to implement it, and we will see how we can do more.“As you expand we will support, but you have to also show us the job creation numbers, and make sure your goods are branded made in Nigeria,” he said.The News Agency of Nigeria reports that GU Ebeco is a furniture company while Zeberced is a construction company. NANCOVER
FRSC Unveils App to Mitigate Road Crashes Impact
![](https://dailyasset.ng/wp-content/uploads/2021/09/FRSC-768x422-1.jpg)
By Tony Obiechina, Abuja
Federal Road Safety Corps (FRSC) has unveiled an app to boost efficiency and mitigate the impact of road accidents in the country.Speaking at the event yesterday in Abuja, the Secretary to the Government of the Federation (SGF), George Akume explained that the app was designed to digitalize FRSC operations for effective traffic management.
The SGF who described the current rate of accidents as a great concern to the present administration, urged the FRSC management to involve stakeholders in the implementation of the app to monitor motorists and curb the excesses of FRSC officers and personnel. The Chairman, House Committee on Road Safety, Abiodun Adeshida said the National Assembly was ready to review the 2007 Federal Road Safety Corps Act for more efficient service delivery.The Kenyan Ambassador to Nigeria, Isaac Parashina said African countries have a lot to learn from the FRSC’s experience in addressing the high rate of road crashes across the continent.According to the him, Africans must come together and provide homegrown solutions to address road safety challenges.In his welcome remarks, the Corps Marshal FRSC, Shehu Mohammed stated that the innovation was part of efforts to align with the Renewed Hope Agenda of President Bola Tinubu’s administration on the use of the new technology to strengthen the commitment of road users and enhancing road safety operations.Mohammed said the corps would embark on aggressive sensitization in all motor parks and town hall meetings for stakeholders to key into the new technology.The Director-General of the Federal Radio Corporation of Nigeria (FRCN), Dr. Mohammed Bulama expressed confidence that the new technology would bring sanity to Nigerian roads.Dr Bulama commended FRSC management for the new operational initiative and pledged FRCN’s continued support to every program to reduce death and enhance economic activities in the country.The Acting President, National Union of Road Transport Workers (NURTW), Isa Ore said leaders in the transport sector would contribute to the success of the application in saving lives on the highway.Other stakeholders in the transport sector promised to support FRSC in enforcing traffic laws and protect lives and property on Nigerian roads.COVER
Lokpobiri Meets Shettima, Denies Involvement in Petrol Price Hike
![](https://dailyasset.ng/wp-content/uploads/2024/09/nnp.jpg)
By David Torough, Abuja
Minister of State (Oil) Petroleum Resources Heineken Lokpobiri yesterday denied that the Federal Government is responsible for the Tuesday increase in the price of petrol, saying it is a function of deregulation.The latest hike in the price of petrol has pushed up transport fares by over 50 percent in major cities across Nigeria.
The increase implemented by the Nigerian National Petroleum Company (NNPCL) Retail Management ranges from N855 to N897 per litre, depending on the location from the previous N568-N617. Independent marketers have adjusted their prices to between N930 and N1,200 per litre of petrol.The minister denied FG’s involvement while addressing State House correspondents after a meeting with Vice President Kashim Shettima in Abuja.Shettima had summoned Lokpobiri along with the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari and the National Security Adviser Malam Nuhu Ribadu over the recent hike in the price of petrol.Lokpobiri said, “This sector is deregulated. And we believe that with the availability of products, the price will find its level.“What is important is that the product is available in the country. Between now and weekend, there will be availability of the product across the length and breadth of the country.“We believe that by the time there is availability of the product across the country, the price itself will stabilise.”Mr Ogbugo Ukoha, Executive Director, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said regulatory efforts were geared toward stabilising supply of petrol in the country, which he said would impact positively on stability of price.Okuoha said, “The objective of the regulator is to ensure that there’s increased operating hours from all loading depots; vessels are being cleared promptly and extended hours where safety can permit truck outs as well.“More importantly also is the reinforcement of the support being given to local refinancing, because with increased production there will be higher supply, which will stabilise the price.”Despite making its product available, the Federal Government has not started lifting petrol from the Dangote Refinery.Yesterday, Dangote Group refuted the claim in the media that NNPCL is currently lifting petrol from its refinery and selling at N897 per litre.A statement signed by the Group Chief Branding and Communications Officer, Dangote Group, Anthony Chiejina said the company has not yet finalised any contract with NNPCL.The statement entitled, “NNPC yet to lift our petrol” reads, “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N897 per litre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.“We would like to state that NNPCL has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPCL.“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we cannot determine, fix, or influence the product price, which falls under the purview of relevant government authorities.“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.“We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country.”