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Cameron Calls June 23 EU Referendum as Cabinet Fractures

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David Cameron

Prime Minister David Cameron said he’ll hold a long-pledged referendum on the U.K.’s membership of the European Union on June 23, signaling the start of a four-month campaign that immediately exposed rifts in his Conservative Party.

“Leaving Europe would threaten our economic and our national security,” Cameron said outside his official Downing Street residence in London Saturday. “The choice is in your hands, but my recommendation is clear. I believe that Britain will be safer, stronger, and better off in a reformed European Union.”

Cameron’s announcement, made after what the BBC described as the first cabinet meeting held on a Saturday since the Falklands War in 1982, follows intense negotiations in Brussels over the past two days to finalize a deal with EU leaders resetting Britain’s relationship with the 28-nation bloc. Now, attention turns to the stance of ministers who have been given a free hand by Cameron to campaign against the government’s position. They were asked not to announce their intentions until after the cabinet meeting.

Divisions among the Tories were immediately in evidence when several ministers were pictured at a rally by Vote Leave, one of several groups campaigning for an exit from the EU. They included Justice Secretary Michael Gove, Work and Pensions Secretary Iain Duncan Smith, Chris Grayling, the leader of the House of Commons, Northern Ireland Secretary Theresa Villiers, Culture Secretary John Whittingdale and Employment Minister Priti Patel. Late Friday, several rank-and-file Tory lawmakers addressed a rally by Grassroots Out, another group campaigning for an exit.

The vote, on the same day as an EU summit, will revisit the question of the U.K.’s membership of the EU that was last put to voters in 1975, two years after Britain joined the bloc, then known as the European Economic Community. The bookmaker Ladbrokes on Saturday put the odds of Britons voting to remain at 69 percent.

“There will be many passionate arguments over the months ahead and individual cabinet ministers will have the freedom to campaign in a personal capacity as they wish,” Cameron said. In January, he told lawmakers he was dispensing with traditional cabinet guidelines of “collective responsibility,” saying ministers would not be disciplined for opposing the official line on the referendum.

The prime minister was given a fillip on Saturday when Business Secretary Sajid Javid and Home Secretary Theresa May, both seen as wavering over which way to vote, threw their support behind the campaign to remain.

Javid’s stance was reported earlier by The Spectator magazine and confirmed by his office after the cabinet meeting, while May, who’s expressed Euro-skeptic views in the past, said in a statement she’ll support the government position.

‘National Interest’

“For reasons of security, protection against crime and terrorism, trade with Europe, and access to markets around the world, it is in the national interest to remain a member of the European Union,” she said.

Health Secretary Jeremy Hunt and International Development Secretary Justine Greening also issued early statements supporting the campaign to stay in the bloc.

Earlier, Chancellor of the Exchequer George Osborne, who’s helped spearhead the U.K.-EU discussions, told the BBC the U.K. will be “safer” staying in the European Union.

“The alternative is a huge leap in the dark, with the risks that that entails for our country, for its economy and for our security,” he said.

The views of London Mayor Boris Johnson will be the most closely watched, after an Ipsos Mori poll on Feb. 17 found he’s second to only Cameron when it comes to influencing whether voters choose to stay or go.

Unlike the “bitterly divided” Tories, the opposition Labour Party is largely united on the issue of Europe, its foreign affairs spokesman, Hilary Benn, said Saturday in a BBC radio interview. “The vast majority of Labour MPs, the Labour movement, the Labour Party conference, the trade union movement supports our continued membership.”

Labour Party leader Jeremy Corbyn, who’s held ambiguous views on the issue in the past, also threw his weight behind the campaign to stay.

“We will be campaigning to keep Britain in Europe in the coming referendum, regardless of David Cameron’s tinkering, because it brings investment, jobs and protection for British workers and consumers,” Corbyn said Saturday in an e-mailed statement.

Emergency Brake

The U.K. won a seven-year “emergency-brake” period in which it can impose welfare curbs on other EU citizens arriving to work in Britain, as well as provisions for its financial services industry and agreement that the EU goal of “ever closer union” doesn’t apply to Britain.

Cameron “only ever asked for minor changes,” Vote Leave Chief Executive Officer Matthew Elliott said in a statement.“He will now declare victory but it is an entirely hollow one.”

Grassroots Out’s rally late Friday included speeches by Conservative lawmakers David Davis, Tom Pursglove and Peter Bone, Labour’s Kate Hoey, and U.K. Independence Party leader Nigel Farage, whose pressure before last year’s general election fed into Cameron’s decision to call a referendum.

“The great thing about the campaign is it’s absolutely cross-party, cross-union,” Bone said in an interview. There are people “from across all the political spectrum — and most of them, I don’t agree with on anything. But on this one issue we’re all coming together.”

It wasn’t all unity at the rally, which gathered more than 1,000 people a stone’s throw from the Houses of Parliament. More than 100 people walked out when guest speaker and Respect Party leader George Galloway was brought on at the end, some of them calling him an anti-Semite, because of his views on the Israeli-Palestinian conflict.

“There is an exit door, and I suggest we take it,” Farage said in a reference to the EU, rather than Galloway.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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92.6 Million Nigerians Enrolled For the National Identification Number – NIMC

The Federal Government through the Corporate Affairs Commission (CAC) has stated that NIN will be a compulsory requirement for business registration. 

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National-eID-card

The National Identity Management Commission (NIMC) has announced that 92.63 million Nigerians have enrolled for the National Identification Number as of November 2022.

This represents an increase of 1.9 million when compared to the 90.68 million recorded in October.

According to the recent data released by NIMC, more men have been captured than women. The data also revealed that men accounted for about 52.1 million people or 56 percent of the total people captured so far in the NIN database.

On the other hand, women represent 40.5 million or 44 percent of the total enrollment, Investors King learnt.

On a state-to-state basis,  Lagos State recorded the highest enrollment with about 10.3 million. This was followed by Kano State with more than 8 million people.

Other states with substantial enrollments include Kaduna with 5.4 million, Ogun with 3.8 million, Oyo with 3.6 million, FCT with 3.2 million, Katsina with 3.1 million, Rivers with 2.7 million, Delta with 2.4 million, and Bauchi with 2.4 million.

Meanwhile, Bayelsa is presently the state with the lowest enrollments.  A total of 583,323 have so far enrolled in the state. Ebonyi trailed Bayelsa with 744,869 and Ekiti’s record shows 971,712 enrollments. While Cross River, Taraba, Yobe, Enugu, Imo, Akwa Ibom and Zamfara followed with 1 million, 1.3 million, 1.3 million, 1.5 million, Imo 1.5 million, 1.5 million and 1.6 million, respectively.

In another development, the Federal Government through the Corporate Affairs Commission (CAC) has stated that NIN is now a compulsory requirement for business registration like it is with banks.

According to the Registrar of the Corporate Affairs Commission, Garba Abubakar, NIN was adopted because its security can’t be compromised, unlike the National Identity card, passport, and driver’s license, which could easily be cloned.

“If you don’t have a NIN, it means you can’t register your company. The essence is to verify the integrity of the data we are collecting,” Garba noted.

National Identification Number is the unique number created by the Nigerian government to identify Nigerians, curb crimes, deepen infrastructure in cities and generally access all citizens.

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Governors Forum Replies FG, Blames Poverty on Rising Insecurity

The NGF accused the federal government of being unable to tame rising insecurity which has led to the high costs of food.

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Child Poverty - Investors King

The Nigerian Governors Forum (NGF)  has stated that governors could not be blamed for poverty in their respective states. The NGF accused the federal government of being unable to tame rising insecurity which has led to the high costs of food.

Investors King could recall that President Muhammadu Buhari earlier alleged that governors are pocketing funds meant for the development of the local governments. 

Similarly, the Minister of State for Budget and National Planning, Clement Agba, also stated that the 36 governors were responsible for the rising poverty index in the country,

According to the Governors Forum, the rising level of poverty among Nigerians was a consequence of the biting effect of insecurity on commercial and agricultural activities.

A statement released by NGF’s  Director of Media and Public Affairs, AbdulRazaque Bello-Barkindo said “It is important to put on record the progress made by state governors in the administration of their states, which have witnessed tremendous progress in recent times. Governors have undertaken projects where they, in conjunction with their people, deem them fit for purpose.

“This dereliction of duty from the centre is the main reason why people have been unable to engage in regular agrarian activity and commerce. Today, rural areas are insecure, markets are unsafe, travel surety is improbable and life for the common people generally is harsh and brutish.”

Barkindo further accused the minister of deviating from the major issues and passing blames when he and his colleague, the Minister of Finance, Budget and National Planning, Zainab Ahmed, should be implementing policies that can ameliorate the hardship Nigerians were facing. 

Barkindo in the statement added that the primary duty of any government is to ensure the security of lives and property, an area he claimed the Federal Government has failed. 

“But the Federal Government, which is responsible for the security of lives and property, has been unable to fulfil this covenant with the people, thus allowing bandits, insurgents, and kidnappers to turn the country into a killing field, maiming and abducting people, in schools market squares and even on their farmlands,” he said. 

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President Buhari Accuses Governors of Stealing LG Funds

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Muhammadu Buhari

Nigerian President, Muhammadu Buhari has once again accused state governors of stealing monthly allocation due to local government under them.

The president spoke at a parley with members of the Senior Executive Course of the National Institute for Policy and Strategic Studies, Kuru, held at the State House Banquet Hall, Abuja.

Speaking at the event, the president stated that it beats anyone’s imagination how some governors collected money on behalf of council areas in their states, only to remit just half of such allocation to the council chairmen, who would further deplete the remittance by filching it. Investors King learnt. 

 ‘‘I found it necessary to digress after reading my speech and this digression is a result of my personal experience. What they did, this is my personal experience, if the money from the Federation Account to the state is about N100m, N50m will be sent to the chairman, but he will sign that he received N100m. The governor will pocket the balance and share it with whoever he wants to share it with,” the president narrated. 

‘‘This is what’s happening. This is Nigeria. It’s a terrible thing; you cannot say the person who was doing this is not educated. He was a qualified lawyer, he was experienced, yet he participated in this type of corruption.” he queried. 

Furthermore, the president clarified that state governors and local government chairmen should be held responsible for the underdevelopment in the rural areas noting that most of the local governments lack basic amenities. 

Similarly, the National Union of Local Government Employees on Thursday backed the position of the president on the embezzlement and mismanagement of local government funds.

Responding to Buhari’s position, the  President of the Nigeria Union of Local Government Employees (NULGE), Hakeem Ambali, said Buhari was merely stating the obvious.

The NULGE President nevertheless admonished the president to go beyond the statement and ensure governors, especially those in APC to sign the local government autonomy bill into law.  

“He should go beyond that statement. He is the leader of the party, he should ask them to sign the autonomy into law; he is the leader of the governors,’’ he said.

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