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House: Obasanjo is Grandfather of Corruption in Nigeria

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  • House: Obasanjo is Grandfather of Corruption in Nigeria

The House of Representatives has responded to accusations of corruption levelled against the National Assembly by former President Olusegun Obasanjo, describing him as the grandfather of corruption who introduced corruption into Nigeria in the Fourth Republic.

The House said the former president introduced corruption into the National Assembly after the return of democracy in 1999, by bribing the legislators of the Peoples Democratic Party (PDP), All Nigeria Peoples Party (ANPP) and Alliance for Democracy (AD) to vote against the majority candidate of the PDP, Dr. Chuba Okadigbo, and electing Senator Evan Enwerem as the Senate President.

The spokesman of the House, Hon. Namdas Abdulrazak, briefing newsmen yesterday, also accused Obasanjo of attacking President Muhammadu Buhari because his cronies were not appointed into government by the president.

Obasanjo at a lecture on Wednesday had accused the legislature of corruption, budget padding and said it had threatened the life of a “whistle blower”.

Namdas however noted that Obasanjo’s grouse with the National Assembly stemmed from the foiling of his third term bid in 2007, after trying to corrupt the members with bribes of N50 million each.

“Have we forgotten that Chief Olusegun Obasanjo used his position as president to extort money from businessmen and contractors with his government to build his presidential library? The list of his corrupt acts while in office is endless.

“Unquestionably, he is the greatest corrupt person ever to hold office in Nigeria. He remains the grandfather of corruption in Nigeria and lacks the moral authority to discuss corruption or indeed abuse of office in Nigeria as he remains the most corrupt Nigerian on record,” Namdas said.

Continuing, the House asked: “Have we forgotten the sacks of money displayed on the floor of the House of Representatives, being bribe money paid by Chief Olusegun Obasanjo to some honourable members to impeach the speaker, Rt. Hon. Ghali N’abba?”

Namdas also addressed the issue of the budget padding allegation, insisting that there was no crime committed in the 2016 budget.

“It is most unfortunate that a former president of Chief Obasanjo’s stature would allow himself to be hoodwinked and procured by a renegade member of the House, who embarked on massive propaganda and lies just because he was removed from office,” he said.

The spokesman further accused the ex-president of always working to bring down governments, particularly when presidents refuse to listen to him.

“It is unfortunate that he has started his very familiar method of bringing down governments. He did it to Alhaji Shehu Shagari, he did it to General Buhari, he did same to General Babangida, he attempted to bring down General Abacha before he imprisoned him for treason; he made frantic efforts to derail the government of President Yar’Adua when he couldn’t use him.

“He supported President Goodluck Jonathan but when he refused to take dictation, he turned against him. He supported President Buhari, but since he has sensed that Nigeria is having economic difficulties under him, he has pounced to derail his government,” he said.

Part of the spokesman’s address read: “Our attention has been drawn to a statement credited to former President Olusegun Obasanjo at a lecture he delivered recently, wherein, in his characteristic manner accused everybody but himself of corruption.

“He ventured to accuse the National Assembly of budget padding, accused the House of criminal activities, of threatening the life of a ‘whistleblower’, lampooned constituency projects which he approved as president, and ventured to discuss the budget of the National Assembly which is highly underfunded?

“The House of Representatives would ordinarily not join issues with the former president as he has held an office that deserves respect and reverence. However, because of the material misstatement of facts, outright lies and falsehood, and mischievous innuendo introduced in his statement, we are left with no option but to correct him.

“We have repeatedly maintained that there was no ‘padding’ of the 2016 Appropriation Act, which is a legitimate document passed by the National Assembly, authenticated by the Clerk of the National Assembly as provided in the Acts Authentication Act and assented to by Mr. President.

“It is most unfortunate that a former president of Chief Obasanjo’s stature would allow himself to be hoodwinked and procured by a renegade member of the House, who embarked on massive propaganda and lies just because he was removed from office.

“For the avoidance of doubt, there is no crime that was committed by the National Assembly by exercising its constitutional function of appropriation. If Chief Obasanjo has an issue with the execution of the 2016 budget or indeed other Appropriation Acts, he should direct his anger elsewhere.

“He claimed that the National Assembly budget is very high, when by all standards, the National Assembly is grossly underfunded and is hampered from effectively and legitimately carrying out its constitutionally assigned functions. The National Assembly budget funds a bureaucracy of about 5,000 civil servants. It has some other agencies under its purview such as the National Assembly Service Commission, with its own staff of about 500; even the Public Complaints Commission is now a parastatal of the National Assembly.

“The National Assembly budget also funds the National Institute for Legislative Studies, which is a legislative think-tank and highly rated academic institution that serves both national and state Houses of Assemblies and even international legislators.

“All these agencies also have their capital budgets including development of their headquarters, procurement of office equipment, procurement of regular items for running their offices

“The National Assembly maintain legislative aides of about 3,000 in number that aid the work of the Assembly; it also conducts regular public hearings involving the media and stakeholders and oversight activities, involving huge sums of money.

“The cost implication of running the National Assembly is high because of the nature of our presidential democracy. Then of course, there are 109 Senators and 360 members of the House of Representatives that require proper equipment to function effectively.

“They require adequate travel and transport support to carry out legislative functions. The National Assembly also has buildings and offices to build and maintain. National Assembly staff and members attend conferences, training and seminars to keep abreast of legislative developments worldwide. The activities are very encompassing and expensive.

“It is also unbecoming of a former president to quote figures of sums of money that are factually incorrect. No member of the House of Representatives receives N10 million every month. The salaries and allowances of members of the House are as determined by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).

“Of course further sums of money are spent such as running costs, that is, the cost of running the office of a member. If a minister, chief executive or director in a ministry travels on official duties, for instance, do you include the cost of his ticket and accommodation as part of his salary or allowances?

“Does the cost of stationery and maintenance of equipment like computers used in their offices form part of their salaries and allowances? These are some of the costs that must be taken care of by the National Assembly and the media calls these costs ‘jumbo pay’.

“For goodness sake, the National Assembly is an arm of government, not just an ordinary agency of government. The budgets of many agencies in the executive branch are indeed higher than the current budget of the National Assembly that is an arm of government.

Examples abound: CBN, NNPC, NCC, etc. Allowances paid to even junior staff of some of these government agencies cannot be compared to what members of National Assembly enjoy.

“The way Chief Obasanjo talks gives the impression that he is a lifetime opposition leader who has never held any office. What did he do about the issues he raised in his eight years as president?

“This is a man with unlimited access to President Buhari. Or is it because he has not appointed all his cronies as requested? We may never know. His stock in trade is blackmail, subversion and treachery… We wish him well.”

In the same vein, the Nigeria Bar Association (NBA) yesterday reacted to the former president’s criticism of lawyers and judges in the judiciary for corrupt practices, saying that the presence of a few bad eggs in the legal profession should not lead to a blanket condemnation of the entire members of the profession.

The NBA said it was aware that the profession currently parades some unscrupulous members and that everything was being done to flush them out and bring them to justice.

The NBA’s reaction was made on the sidelines of the National Executive Council meeting of the association in Minna, the Niger State capital.

The President of the NBA, Mr. Abubakar Balarabe Mahmood (SAN), said: “The allegations of corruption against the bar and the bench should not undermine the significant contributions of the judiciary and the legal profession to nation building. A few bad eggs should not lead to the total condemnation of the profession.

“NBA will always co-operate with the federal government to flush out bad eggs but this should be done in accordance with due process and the rule of law.”

While conceding that there are problems in the judiciary and the legal profession that need to be addressed, the NBA president said the association was working round the clock to address these problems.

“NBA is making effort to ensure the integrity of the profession and for the judiciary to be restored and improved upon.

“The allegations against members are under investigation, if the allegations are established, NBA will come out with disciplinary measures against those concerned.”

Mahmood called on the public to continue to respect the legal profession, which he maintained had played a vital role in the nation’s political and economic trajectory.

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

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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Israeli President Declares Iran’s Actions a ‘Declaration of War’

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Israeli President Isaac Herzog has characterized the recent series of attacks from Iran as nothing short of a “declaration of war” against the State of Israel.

This proclamation comes amidst escalating tensions between the two nations, with Iran’s aggressive actions prompting serious concerns within Israel and the international community.

The sequence of events leading to Herzog’s grave assessment began with a barrage of 300 ballistic missiles and drones launched by Iran towards Israel over the weekend.

While the Israeli defense forces managed to intercept a significant portion of these projectiles, the sheer scale of the assault sent shockwaves through the region.

President Herzog’s assertion of war was underscored by Israel’s careful consideration of its response options and ongoing discussions with its global partners.

The gravity of the situation prompted the convening of the G7, where member nations reaffirmed their commitment to Israel’s security, recognizing the severity of Iran’s actions.

However, the United States, a key ally of Israel, took a nuanced stance. President Joe Biden conveyed to Israeli Prime Minister Benjamin Netanyahu that, given the limited casualties and damage resulting from the attacks, the US would not support retaliatory strikes against Iran.

This position, though strategic, reflects a delicate balancing act in maintaining stability in the volatile Middle East region.

Meanwhile, Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdollahian cautioned against further escalation, emphasizing the potential for heightened tensions and provocative acts to exacerbate the situation.

In response to the escalating crisis, the Nigerian government issued a call for restraint, urging both Iran and Israel to prioritize peaceful resolution and diplomatic efforts to ease tensions.

This appeal reflects the broader international consensus on the need to prevent further escalation and mitigate the risk of a wider conflict in the Middle East.

As Israel grapples with the implications of Iran’s aggressive actions and weighs its response options, President Herzog reiterated Israel’s commitment to peace while emphasizing the need to defend its people.

Despite calls for restraint from global allies, Israel remains vigilant in safeguarding its security amidst the growing threat posed by Iran’s belligerent behavior.

The coming days are likely to be critical as Israel navigates the complexities of its response while international efforts intensify to defuse the escalating tensions between Iran and Israel.

The specter of war looms large, underscoring the urgency of diplomatic engagement and concerted efforts to prevent further escalation in the region.

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