Connect with us

COVER

Tinubu Seeks Police Investigation over Adamawa Guber Election Controversy

Published

on

Share

By Jude Opara & Mathew Dadiya, Abuja 

On Sunday, the Independent National Electoral Commission (INEC) Resident Electoral Commissioner for Adamawa State, Prof Hudu Yunus Ari, declared Senator Aisha Dahiru, popularly known as Binani, as winner of the Adamawa Governorship election.

Prof Ari’s declaration was made midway into the collation, as only results from 10 out of the 20 local government areas had been declared while the exercise was adjourned till 11am.

However, the Independent National Electoral Commission (INEC) on Tuesday, declared Fintiri as winner of the election, and on Sunday, it also declared Dr Nasiru Idris of All Progressives Congress (APC) as Governor-elect of Kebbi State.

“I note the matter of Adamawa Supplementary Governorship Election and I urge police authorities to fully investigate all that transpired in the election given the attendant controversy. In every democratic contest there has to be one winner. I call on those aggrieved to pursue legitimate means of addressing their grievances,” Tinubu said.

In a statement yesterday, Tinubu also congratulated the two Governors-elect, Senators and others who won supplementary elections on Saturday.

“I congratulate the winners of the Supplementary Governorship elections held in Kebbi and Adamawa States on Saturday, April 15, 2023. I also rejoice with those elected into the Senate, House of Representatives and State Houses of Assembly during the last round of elections in states where such took place.

“These victorious men and women have earned the trust of their people and I call on them to rededicate themselves to the service of their respective constituents.

The supplementary polls have now brought the 2023 elections to a final, fitting conclusion. I observed, with satisfaction, the largely peaceful atmosphere that pervaded the supplementary election on Saturday. It was a further testimony that our citizens have accepted democratic norms and have unalloyed faith in the electoral process.

“With the conclusion of the 2023 elections, I now welcome all of us who have been elected to brace up to serve our people with diligence and dedication and to join hands with me as your President-elect in the pursuit of our agenda to renew the hopes of our people in a better, stronger, more secure, economically vibrant and prosperous Nigeria,” Tinubu said.

INEC, Not Buhari’ll Decide Fate of Adamawa REC – Presidency

The Federal Government says the responsibility to deal with infractions of the Adamawa State Residential Electoral Commissioner (REC), Hudu Yunusa Ari, rests solely with the Independent National Electoral Commission (INEC).

This comes on the heels of Ari’s recent suspension over his controversial announcement of the supplementary governorship election results in Adamawa as collation was still ongoing.

Among other resolutions, INEC said it would “request the Secretary to the Government of the Federation to draw the attention of the appointing authority to the unwholesome behaviour of the REC for further action.”

But the Minister of Information and Culture, Lai Mohammed, in an interactive session with State House Correspondents, noted that he was not aware that a petition had been written to the President on the need to take action against Ari.

Speaking after the Federal Executive Council (FEC) meeting chaired by the Vice President, Professor Yemi Osinbajo, the minister insisted that Ari was an employee of INEC.

However, the minister maintained that the government’s non-reaction was because the President “has never intervened in the way INEC conducts its elections” and consequently does not micromanage any institution of government.

Commenting on his reason for accusing the presidential candidate of the Labour Party, Peter Obi, of committing treason, Mohammed stated that if his running mate had allegedly called for insurrection and he did not react, he was “equally guilty as charged”.

Binani: I Won’t Subvert Democratic Process

The governorship candidate of the All Progressives Congress (APC) in the March 18 poll and the April 15 supplementary election in Adamawa State, Senator Aishatu ‘Binani’ Dahiru has said that she won’t do anything to subvert the democratic process.

The APC candidate, in a statement, said she is a democrat and not a do-or-die politician.

Binani described as “bizarre”, allegations that she gave out N2bn to some unnamed staff of the Independent National Electoral Commission (INEC) including embattled Resident Electoral Commissioner, Hudu Yunusa Ari, to procure a favourable declaration as governor-elect for Adamawa State.

“I never did, I would never do such,” Binani stressed.

Ari had on Sunday usurped the powers of the Returning Officer in the state, Mohammed Mele and announced Binani as the winner of the dramatic poll. INEC subsequently nullified the declaration, suspended collation of results and barred Ari from office.

INEC resumed collation on Tuesday and at the end of the entire exercise, said the incumbent, Governor Ahmadu Fintiri of the Peoples Democratic Party (PDP) polled 430,861 votes, defeating Binani who got 398,738 votes. INEC also declared Fintiri as the winner of the keenly contested poll.

Meanwhile, a video had emerged online showing that a beaten Ari allegedly said he received N2bn bribe to announce Binani as winner of the poll.

However, Binani, in her statement, said never offered any money to influence the process.

“I wish to reiterate that I am a democrat, I have always been a committed democrat and will never do anything to subvert democratic process. I am not do-or-die politician. In the past I have won elections into the House of Representatives and the Senate in free and fair manner.

“What happened in Adamawa was an unsuccessful attempt to subvert the will of the people. The REC was illegally told to stand down by two INEC national commissioners from Abuja who were supposed to be in Adamawa in a supervisory capacity.

“Even more curious is the nocturnal visit of the same INEC national officers to Adamawa State Government house and bizarre declaration same day after the visit that they have taken over the collation through the backdoor, with collation and returning Officers selected by the Governor Adamawa.

“The roles of these INEC officers from Abuja and the real mission of the two to the Government house should be of interest to all democrats. I urge all lovers of democracy to take a deeper interest in our electoral process and democracy not only in Adamawa but in the whole country,” she said.

Binani has also approached the court to uphold the declaration by Ari that she is the governor-elect.

COVER

Federation Account Garners N7trn Revenue in Six Months – RMAFC

Published

on

RMFARC
Share

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

Continue Reading

COVER

PDP NEC Meeting Ends with Damagum as Acting Chairman

Published

on

Share

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.

Continue Reading

COVER

CBN Reduces Banks’ Lending Rate to 50 Percent

Published

on

dailyasset-greetings
Share

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.

Continue Reading

Read Our ePaper

Top Stories

NEWS14 hours ago

Disability Act: Stakeholders Worry Over Delayed Domestication in Benue

ShareBy David Torough, Abuja Stakeholders have expressed concern over delay in the domestication of Disability Act in Benue state and...

NEWS15 hours ago

Enugu Embarks on Inspection of Smart Schools, Healthcare Projects Across State

ShareFrom Sylvia Udegbunam, Enugu Governor of Enugu State, Peter Mbah has charged contractors and the site engineers handling construction of...

NEWS16 hours ago

Benue Govt Abandoned Foreign Exchange Programme Due to N3mn Bursary – DG BEQA

ShareFrom Attah Ede, Makurdi The Director-General, Benue State Education Quality Assurance Agency, BEQA, Dr. Terna Francis, on Thursday, said the...

NEWS16 hours ago

Tinubu Establishes National Education Data System

SharePresident Bola Tinubu has approved system-wide policies to comprehensively overhaul the education sector to improve learning and skill development, increase...

NEWS16 hours ago

ADAS Programmes Set to Establish Digital Structure, Database for Farmers, Farmlands

ShareFrom Yagana Ali, Yola The Adamawa State Agribusiness Support Programme ADAS-P has concluded arrangements to establish standard & digital structure/database...

NEWS16 hours ago

Absence of Diplomacy Responsible for Secessionist Agitations in Nigeria – INM

ShareFrom Marcel Duru, Owerri Igbo National Movement, a sociopolitical pressure group, has said that absence of diplomacy is responsible for...

NEWS16 hours ago

N20m Bounty on Kidnappers: Wike Fulfills Promise to FCT Police Command

ShareBy Laide Akinboade, Abuja The Commissioner of Police, FCT, CP Benneth C. Igweh, expresses heartfelt gratitude on behalf of the...

NEWS16 hours ago

Presidential Amnesty: Bank Accepts Responsibility for Stipends Delay

ShareFrom Mike Tayese, Yenagoa One of the Bank offering services to the Presidential Amnesty Programme (PAP) has explained the reason...

NEWS16 hours ago

Enugu State Justice Reform Team Commends Mbah, Calls for Enhance Justice System

ShareFrom Sylvia Udegbunam, Enugu The Enugu State Justice Reform Team (ESJRT) has commended the administration of Dr. Peter Ndubuisi Mbah...

POLITICS16 hours ago

I Didn’t Abandon Mandate – LP Candidate

ShareFrom Marcel Duru, Owerri The Labour Party Candidate in the 2023 general elections for Mbaitoli-Ikeduru Federal Constituency, Rt Hon Uche...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc