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Iron Grip of Theresa May Said to Cut Her Off From Key Colleagues

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Theresa May approach to Brexit has been meted with opposition from key policy makers that seek soft-Brexit landing as the United Kingdom moves to officially relinquish its membership of the European Union in March 2017.

The U.K. Prime Minister Theresa May is increasingly isolated as her demands to control all areas of policy alienate key colleagues, according to more than a dozen officials who worry tensions will undermine planning for Brexit.

Speaking anonymously because the subject is delicate, many of the government figures said an early period of goodwill toward May had given way to division and resentment, leading to policy mistakes that had to be hastily corrected. Much of that stems from the influence wielded by her joint chiefs-of-staff, Fiona Hill and Nick Timothy, the people said.

“This sounds like echoes of the end of the Thatcher era with ministers feeling it would be wrong to risk her wrath and stifling rational concerns,’’ said Richard Hayton, who teaches politics at the University of Leeds, England. It’s the feeling that the prime minister’s office “is too much in the bunker.”

May’s office said in a statement they didn’t “recognize this version of events,” and said the premier governs in an “inclusive manner.”

May is said to have been centralizing power more than her predecessor David Cameron while grappling with the most difficult task facing a British leader since the end of World War II. Not only must she extricate the country from the European Union, she needs to orchestrate a set of new trade deals at a time of economic danger, and rally the expertise and talent to pull it off.

May has little time to play with. The government must agree on its Brexit strategy within the next 14 weeks given that May has promised to initiate formal negotiations by the end of March.

Political Missteps

In a speech to the country’s top business group last month, May promised the U.K. would have the lowest corporate levies in the Group of 20 biggest industrialized and emerging economies. However, her comment was made without consulting the Treasury, which sets tax policy, even as it effectively committed the government to slashing corporate tax from 20 percent now to below the 15 percent President-elect Donald Trump has proposed.

Another example: Chancellor of the Exchequer Philip Hammond was criticized for failing to free up more money for seniors in his budget statement, but it was May’s two top aides who had opposed his proposal to release extra resources, people familiar with the situation said.

Back in October, May’s office had to apologize to Bank of England governor Mark Carney after she publicly criticized monetary policy, saying quantitative easing and low interest rates had “bad side effects.” Again, the Treasury was not consulted before the remarks.

Similar complaints about May’s office intervening were reported by officials across government policy areas, including those working on Brexit plans, health and social affairs.

Tight Ship

Hill and Timothy are said to deny top officials access to May, with even senior ministers and security chiefs finding it difficult to get past them to schedule a meeting with the premier, according to people familiar with the situation. Some are said to be so demoralized that they have given up trying to tell May the truth about what they think of her policies.

The officials fear the breakdown in trust between the premier’s office and other government ministries risks undermining the government’s ability to function when Brexit negotiations begin next year.

Still, however much May’s critics within the government dislike the combative style of her administration, many Conservatives are pleased that the party under her leadership has been 14 points ahead of the Labour opposition in recent polls. The exclusivity of May’s office “either indicates someone who is in trouble or someone who is obviously the only person for the job,’’ said Professor Tim Bale, from Queen Mary University of London. “I suspect it’s the latter.’’

Fear of Defeat

In private, ministers complain that the duo refused to allow even uncontroversial measures to be put to lawmakers because they are so afraid that the government could be defeated in a parliamentary vote. May has a small working majority in the lower house of parliament, which even a minor rebellion would wipe out.

The pair run the premier’s office in 10 Downing Street, holding sway over the operations of the entire government, and also worked with May at the Home Office between 2010 and 2015. They had both left the government by the time of the Brexit referendum in June but returned immediately to front-line politics to run May’s leadership campaign.

They are paid more than any other political advisers in the government, with salaries of 140,000 each per year ($172,000), compared to May’s 149,440 pounds, according to an official pay disclosure.

May’s official spokeswoman, Helen Bower, resigned this month after tensions with Hill, according to people familiar with the situation. In 2014, Hill was forced to step down as May’s aide in the Home Office after a row with the then-education secretary over how to tackle Islamist extremism in schools.

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.

Government

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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NIMC enrolment

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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Israel Gaza

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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