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Tinubu to German Chancellor: Nigeria’s Crawling Narrative ‘ll Change 

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By Mathew Dadiya, Abuja

President Bola Tinubu has told the German Chancellor, Olaf Scholz who is on a State Visit to Nigeria that despite the fact Nigeria is still crawling, his administration was determined to change the narrative and bring about a transformative government in the country.

The president spoke on Sunday during Bilateral Political Talks with the German Chancellor and his Delegation at the Presidential Villa, Abuja.

The bilateral discussions aimed at strengthening relations between both countries.

Tinubu said, “Nigeria is still crawling, but we are determined to change the narrative and bring about a transformative government in the country.

He welcome German delegation’s willingness to partner with Nigeria in terms of education, power, mineral resources amingst other opportunities.

He said his administration has done alot to tackle the issue of insecurity in the country but that Nigeria still needed support in order to be able to sustain democracy.

“We have gone a long way to bring about the security of our people.

We’re fighting terrorism and that is improving. We still need support very much in that area. And for us to be able to sustain democracy, rule of law and freedom for our people, we need to fight for democracy. And democracy must win at all times for us to meet the expectation of an African dream.

“That is why your visit this time around is more than necessary and welcome. I hope you will enjoy yourself.

“You would have noticed; I don’t need to go about the various problems happening in the Sahel region of Africa. You’ve seen and noticed the coup in Guinea and recently in Niger republic.

“We have people diplomatically managing the situation. The need for you to help in that of security will be empahsised and we will continue to require your knowledge.

“We thank you for the past contributions, particularly police, law enforcement training. We need more help,” the president narrated.

The Nigerian leader who spoke on last Thursday’s apex Court’s verdict confirming him as the winner of the February 25, presidential election, said the distraction was over which gives his administration more time to focus on governance for the people and moving Nigeria forward for economic opportunities and prosperity.

“It is a profound pleasure for me to welcome my friend Olaf Scholz to Nigeria. It is a joy to see you here. At this particular period of time. It was just about a few days ago that the Supreme Court of the Federal Republic of Nigeria had a final say on our electoral exercise. The distraction is over.

“This gives us more time to focus on governance for the people and moving Nigeria forward for economic opportunities and prosperity that will defend democracy,” Tinubu added.

He commended Scholz for keeping his promise of visiting Nigeria, assuring that the country’s economic team were ready to partner “with Germany as the largest economy in Europe and the largest economy in Africa is Nigeria, you know that.

“We are blessed with a good environment, weather and mineral resources. Our hydrocarbon industry is still fledging environmentally while we are moving towards the transition energy source.

“I know Germany has advanced a lot in protecting the environment and modernising energy to meet the 21st century needs of both the world and Europe in particular.”

German Chancellor, Scholz, assured Tinubu that his country was committed to democracy and the rule of law.

Scholz said, “We are all committed to democracy and the rule of law. And it is important for us to make this a lifestyle for countries. It is good for a better future for our people. And so I’m very happy that we can work on this discussion.”

He assured that Germany will continue to support Nigeria in addressing the issue of insecurity, saying, “I can assure you that we will continue our support and our cooperation also in this field.”

Scholz hinted at Germany’s continued support and economic cooperation, and leveraging on Nigeria’s economic opportunities for his country.

“One of the main aspects for cooperation will be developing the economy and using the economic opportunities of your country. As you already said, there are a lot of chances not just from gas and oil, which is traditionally linked to your country, but there’s a lot of room for improvement and for better using the capacities of your country, but also for going into investments for the future, which is about hydrogen and all the things that are important for an economy that is able to produce all the necessary goods for the people without harming the environment.

“It is also important that we use the way of developing your economy in the fields of the minerals you have. I think that the investments into this structure must be easy, but also beneficial for your country.”

Speaking at the Government-to-Business Roundtable, President Tinubu told the visitors that his administration is conversant with the characteristics of a typical business environment, hence the reason for the series of reforms and policy readjustments the nation has seen in recent times.

According to him, because his administration was cognizant of the fact that investments don’t do well in an environment of delays and conflicts, much had been put in place, including tax reforms to free the system of multiple taxations, to ensure foreign investments are preserved and returns multiplied.

“Nigeria has gone through a lot of reforms, yet we cannot be 100% sure everything goes smoothly. Some of you might not be here while we were discussing the rule of law, I know…for businesses, particularly investors, because I’ve been in that environment before, I am from that constituency; I was once a Treasurer ExxonMobile in Nigeria, so I can understand the pain and delays of investment, I can understand the pain and delays of conflict in any business partnership and you cannot remove conflicts from the process, but you can minimize it. But how well the investor’s investment is protected is very clearly very important.

“Investment is cowardly, it doesn’t like delays and conflicts, it will run away, we understand that. Equally, time management, to promote efficiency and smooth operation under the rule of law is crucially important.

“We are reforming our economic and business environment to promote efficiency. You might have read or been aware that we have removed oil subsidies, we’re going through tax reforms to eliminate double taxation and give you better returns on investments and there are principles that will ensure your investments grow well and are protected.

“We definitely welcome you to the collaboration, we’re happy this is happening to us. I believe that my friend will add more to the value of Nigeria’s environment. We have discussed that, I’ve made a commitment to you that we’ll promote the efficiency, ease-of-doing-business and remove all conflict areas that might be possible immediately”, he said.

In responce to a question of the Federal Government’s  refusal to accept over 12,000 Nigerians seeking asylum in Germany that risk deportation, Tinubu said they were welcome to return home.

He, however, disclosed that both countries were working on regularising the stay of those who were economic refugees according to the immigration law of the country.

“We had a very deep discussion on this and you have to separate the economic refugees from real refugees. We have a programme to work in partnership to really ensure normal migration and deepen the relationship in that area. I’m not making any demands, if they are Nigerian citizens, they are Nigerian citizens, and they are welcome back home.

“Nothing should send them away. We are ready to enter into partnership to improve the migration situation since other young and vibrant people can go through the process according to the immigration law of the country to accept them as long as they are of good behaviour and good character. We are ready to work together in that direction.”

The German Chancellor said the debate is on and very soon the gray areas will be fixed.

 “The first is yes, there is a need in Germany for people that have talent and that want to work in our country in a way which is a regular path for migrants. And we are working intensely in this field and we want to get more progress and get things agreed in detail. And the second is that part of this is also an agreement that those who have not the right to stay in my country can go back and should go back and this is part of something that is a win-win story for the two countries and in this sense, we had a debate and I think we will fix it very soon,” he said.

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Edo Guber Poll: Obaseki Declares Work-free Day

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All is now set for the Edo State gubernatorial election tomorrow. The off-cycle election will take place across all the local government areas. There are 17 political parties on the ballot.

The people of Edo State will decide on the ballot who will be Governor Godwin Obaseki’s successor.

The winner of the election replaces Obaseki in the Dennis Osadebe House on Nov.
11.

The Independent National Electoral Commission (INEC) has said it is set for the election.

According to the electoral umpire, 2,249,780 registered voters, representing 85.57 percent of the 2,629,025 total registered voters have collected their Permanent Voter Cards (PVCs) across 4,519 polling units in the state’s 18 local government areas.

Out of the 17 candidates in the race, three are in focus: Asuerinme Ighodalo of the Peoples Democratic Party (PDP), Monday Okpebholo of the All Progressives Congress (APC) and Olumide Akpata of the Labour Party.

Ighodalo is a 64-year-old economist, lawyer, and politician from Okaigben, Ewohimi, in Esan South East local government. He is former chairman of Sterling Bank. He served on the economic teams of both former Governor Adams Oshiomhole and the outgoing governor, Obaseki.

Okpebholo is a 54-year-old businessman and politician from the Udomi-Uwessan community in Irrua. He has a background in Business Administration and a Master’s in Policy and Leadership Studies.

Akpata is a 51-year-old lawyer from Edo South Senatorial District. As the first non-Senior Advocate of Nigeria (SAN) in 28 years to be elected president of the Nigerian Bar Association (NBA), Akpata offers an alternative to the APC and PDP political dominance.

One thing that has trailed preparations for the election is fear of security breaches.

Last week, the Inspector General of Police, Kayode Egbetokun announced the deployment of 35,000 police personnel to the state for the election.

However, major political parties and actors in the election have been engaging in inflammatory rhetoric, with the PDP refusing to sign the peace accord initiated by the National Peace Committee (NPC).

Yesterday, a civil society organisation called YIAGA Africa identified eight local government areas that could potentially become hotspots during the election.

The local government areas are Ikpoba/Okha, Oredo, Egor, Ovia South West, Ovia North East, Esan South East, Etsako West, and Etsako East.

The civil society warned of a high likelihood that politicians might resort to violence to manipulate the election.

Yesterday, Edo State Government declared today work-free to enable workers and electorate travel to their voting areas ahead of the election.

A statement by Joseph Eboigbe, Secretary to the Edo State Government (SSG), reassured that security measures had been provided to ensure a free, fair, and credible election.

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SEC to Encourage Listing of Govt Agencies – DG

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By Tony Obiechina, Abuja

Securities and Exchange Commission (SEC) has emphasized that it is willing to encourage state owned enterprises to list on the Nigerian Exchange in line with the Renewed Hope Agenda of President Bola Tinubu.

Disclosing this in an interview in Abuja yesterday, the Director General of SEC, Dr.

Emomotimi Agama said listing their securities would lead to democratization of their operations, inclusiveness and wealth creation for Nigerians.

He said, “Inclusivity is very critical because in inclusivity, you have ownership. And so we all build our industries and the country together.

“For us at SEC, we would provide incentives that will encourage as much as possible, these state owned enterprises to list.

“You know that beside the incentives, one of the things that we at the SEC will continue to do is to educate those that are managing these institutions, to get them to understand that listing of those institutions does not remove power from them. It rather provides bigger power, because united we stand, divided we fall.”

Agama said the commission will continue to provide education, provide incentives and most importantly, make sure that time to market is reduced adding, “providing that certainty, getting them the assurance, knowing fully well that when you want to come to the market, when you decide to come to the market, you are able to follow a calendar, and that calendar is supported by the SEC.”

The DG disclosed that the SEC is also working towards inclusion via technology adding that the use of technology will make the capital market more attractive especially to the younger generation.

“That is why we encourage apps, we encourage FinTech tools, and that is why we supported the launch of the e-offering platform at the Nigerian exchange.

“And we encourage every other one who wants to participate and is qualified to participate in this process, to turn around the way people see investing.

“We want investors to have a beautiful experience. We want them to feel at ease, to make it so easy for them that each time they feel like investing, it brings happiness to them, and we will continue to do that through encouragement of technology, through education and everything that we need to do, incentivizing industries and making sure that bottlenecks are removed and the process of rejuvenating The Nigerian capital market,” he added.

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After Five Months Bello, EFCC Standoff Turns Theatric

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Kogi- tate Governor-Yahaya Bello
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From Joseph Amedu, Lokoja

Former Governor of Kogi State Yahaya Bello yesterday honoured the invitation of the Economic and Financial Crimes Commission (EFCC).

A statement from Bello’s Media Office signed by Michael Ohiare said that the decision was made after due consultations with his family, legal team and political allies.

The statement read, “The former governor, who has great respect for the rule of law and constituted authority, had all the while only sought the enforcement of his fundamental rights in order to ensure due process.

“The case has been before a competent court and Alhaji Yahaya Bello had been duly represented by his legal team at every hearing.

“It is important for the former governor to now honour the invitation of the EFCC to clear his name as he has nothing to hide and nothing to fear.

“The former governor believes firmly in the efforts of the administration of President Bola Tinubu to place Nigeria on the path of sustainable economic development and support the fight against corruption in the country.

“It is on record that he was the first Governor of Kogi State to put in place an anti-corruption mechanism to check graft and ensure that the resources of the state work for the people of the state.

“He was accompanied to the EFCC Headquarters by high profile Nigerians.

“It is our hope that the commission will be as professional as necessary and respect his fundamental rights as a citizen of the Federal Republic of Nigeria.

“Details of his engagement with the operatives of the anti-graft agency will be disclosed later.”

However, EFCC denied that the former governor was in its custody.

The commission, in a statement by its spokesperson, Dele Oyewale said that Bello remained wanted with a subsisting warrant of arrest.

He said, “Media reports today that a former Governor of Kogi State, Mr. Yahaya Bello is in the holding facility of the Economic and Financial Crimes Commission, EFCC is incorrect.

“The commission wishes to state that Bello is not in its custody.

“Bello, already declared wanted by the commission for alleged N80.2 billion money laundering charges, remains wanted with a subsisting warrant for his arrest.”

Bello was declared wanted after the incumbent governor of Kogi State, Usman Ododo helped the embattled former governor to escape arrest in April.

Ododo’s arrival with heavy security at the residence of the ex-governor in Wuse, Abuja prevented the EFCC men from effecting his arrest.

Ododo’s entourage drove out with Bello in the governor’s car.

Since then, it was said have holed up in the Kogi State Government House, Lokoja.

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