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Senate Suspends Ndume, Clears Saraki, Melaye

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  • Senate Suspends Ndume, Clears Saraki, Melaye

Former Senate majority leader, Muhammed Ali Ndume, has been placed on a six-month suspension with effect from yesterday. But the upper chamber absolved its President, Bukola Saraki and Dino Melaye of allegations of purchase of vehicle with fake documents and certificate forgery.

When it was time to consider the report of the Sam Anyanwu-led committee, Saraki, who had been presiding over the session suddenly stepped down from his seat to allow his deputy, Ike Ekweremadu, preside over the consideration of the report. The Senate president said he could not preside over the matter because it was his fate that was about to be decided.

The sanction against Ndume is an indication of disharmony among the lawmakers which could hamper the making of laws for good governance of the country. The upper chamber said it suspended Ndume “for bringing Melaye, his colleague and the institution of the Senate to unbearable disrepute at this time of our national life, when caution, patriotism, careful consideration and diligence should be our watchword.”

The Senate also stated that it reached its conclusion because having failed to cross-check facts before presentation at plenary, Ndume could not be said to be a patriotic representative of the Senate, and should be penalized to serve as deterrent.

Ndume’s suspension followed the adoption of the report of the Ethics Committee of the Senate which investigated the alleged purchase of a sport utility vehicle (SUV) with inaccurate customs duty payments by Saraki. The Anyanwu-led committee also investigated the alleged certificate forgery against Melaye.

The sanction against Ndume was arrived at after an amendment was proposed and adopted by the Senate that the initial recommendation of 181 days suspension be reduced. The report reads in part: “After carefully examining the documents available and hearing out the matter, the committee observed that ‘the name of the Senate President, Saraki was not mentioned anywhere in the Bill of lading or any document whatsoever connected with the importation or purchase of the SUV Range Rover vehicle; that he did not import any SUV Range Rover as corroborated by all respondents.”

The panel also said it found out “that this story was cooked up with intent to embarrass the Senate President, the Senate and by extension, the National Assembly. “The complainant (Ndume) did not conduct due diligence before bringing the matter to the floor of the Senate. As a former Senate leader and a ranking senator, he (Ndume) was expected to have weighed the consequences of the allegation, carefully, investigated it before presenting it.”

Clearing Melaye, the committee submitted that he obtained a first degree in Geography from Ahmadu Bello University, Zaria. Ekweremadu said: “I believe that lessons have been learnt from this and that going forward, we should try as much as possible to investigate matters before we make allegations or before we call the attention of the Senate of the country to those allegations. I do believe that the committee has done a good job.”

Attempts to save Ndume from being suspended were earlier defeated on the floor. Joshua Ledani (PDP, Gombe South) moved a motion that Ndume should simply be warned and made to apologise publicly to Saraki and Melaye. The motion was seconded by Ahmed Abubakar Moallayidi (APC, Adamawa Central) who said there was no reason to suspend him in the first place.

When the question was put to vote, the motion failed. Senator Matthew Urhoghide (PDP, Edo) then rose to propose an amendment to the original prayer of the report which recommended 181- day suspension. He suggested that it should be reduced to six months.

The motion was seconded by Peter Nwaoboshi (PDP, Delta North) and it was approved by the Senate. Nwaoboshi in seconding the motion explained that “Ndume is not just a first offender. We took a decision on the secretary to the government, he went outside and maligned the Senate.

“When the report of the Department of State Services (DSS) was read, he rose and started begging that we should send Magu back to the president to take a decision on him.

“Out of respect for him as a leader at that time, this Senate obliged him. After that, he went out to malign the Senate but he did not tell the public that he was the person who begged us. He even went further and said we should invite him and tell him why we cannot. He’s moving as a saint.”

Also yesterday, the lawmakers resolved to investigate the alleged derogatory comments made against them by the Chairman of the Presidential Advisory Committee on Anti-Corruption, Prof. Itse Sagay, in his reaction to the Senate’s insistence that President Muhammadu Buhari should act on its decision to disqualify the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

The Senate had on Tuesday suspended consideration of Buhari’s nomination of 27 persons for appointment as Resident Electoral Commissioners (RECs). It hinged its action on the President’s failure to respect its decision not to confirm the nomination of Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, as substantive chairman of the commission

In his reaction to the decision of the Senate, Sagay was reported by a national daily to have described the call on Buhari to sack Magu as “childish and irresponsible.” He was also reported to have stated that the Senate was filled with people of questionable character, who put their personal interest ahead of that of the nation.

Adopting a motion by Deputy Senate Leader, Bala Na’Allah, yesterday, the chamber referred the matter to its committee on Ethics, Privileges and Code of Conduct to investigate the matter and report back within four weeks

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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Lagos Eyes Investment Surge as Sanwo-Olu Unveils Growth Strategy

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Governor Babajide Sanwo-Olu of Lagos State is spearheading a bold push to attract significant investment inflow to boost the state’s economic growth.

During a Pre-Summit Investor Roundtable at the Africa Social Impact Summit (ASIS 3.0), held at Eko Hotels and Suites, the governor outlined strategic opportunities for investors.

With the theme “Invest Lagos – Investment Opportunities,” the summit was organized by the Sterling One Foundation in collaboration with the Ministry of Commerce, Cooperatives, Trade, and Investment.

Attended by business leaders, chambers of commerce, and industry captains, the event underscored Lagos’ potential as a hub for economic activity.

Sanwo-Olu highlighted Lagos’ positive economic outlook, citing an expanding population and sustainable infrastructure as key growth drivers.

Despite challenging business environments, the state’s economy has shown resilience, welcoming new investments while sustaining existing ones.

The governor emphasized reforms aimed at improving the ease of doing business. He mentioned that digitizing services had reduced bureaucratic hurdles, fostering a stable business climate.

Sanwo-Olu assured potential investors of the state’s commitment to creating a supportive environment that ensures returns and security for investments.

“In the last five years, Lagos’ GDP has grown by 50 percent,” Sanwo-Olu stated. “We aim to sustain this growth and ensure the gains of the past years are not reversed.”

Sanwo-Olu identified sectors ripe for investment, including transportation, tourism, health insurance, and waterways. He expressed the government’s dedication to advancing development plans in these areas.

Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose-Medebem, highlighted Lagos’ economic strides, noting that the state’s GDP had increased from N27 trillion to N41 trillion in five years.

She detailed strategic investments, particularly the allocation of N550.7 billion for infrastructure in 2024, and the commitment of N44.33 billion to food security initiatives.

Sterling Bank’s Managing Director, Mr. Abubakar Suleiman, pointed out that economic growth in Africa is often hindered by an unstable investment climate.

The summit aimed to build investor confidence by fostering trust and transparency in business environments.

“Lagos remains a leading destination for investors,” Suleiman noted. “The state provides clarity and access to markets, maintaining consistency in its investment strategies.”

Sanwo-Olu’s administration continues to focus on diversifying Lagos’ economy through strategic investments in various sectors.

The state’s proactive approach has positioned it as a global city and an emerging African financial center.

The governor’s initiative is expected to further solidify Lagos’ reputation as a prime investment destination, paving the way for sustained economic growth and development.

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Vice-President Harris Gathers Momentum as Democratic Nominee

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Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president.

This was after President Joe Biden announced he would not seek re-election, endorsing Harris as his successor.

According to CBS News, Harris has received endorsements from over 1,976 delegates, surpassing the threshold needed to clinch the nomination in the first round of voting at the Democratic National Convention (DNC) scheduled for August.

Delegations from at least 27 states have expressed full support, showcasing a strong backing across the nation.

In her address to campaign staff in Wilmington, Delaware, Harris expressed gratitude for the widespread support, adding that she committed to uniting the party and the country.

“We have 106 days until Election Day, and in that time, we have some hard work to do,” she stated.

Harris laid out her vision for America, contrasting it with that of her likely opponent, Donald Trump.

Speaking on the direction of the campaign thus far, she said “Our campaign has always been about two different versions of what we see as the future of our country. One focuses on the future, the other focuses on the past.”

She acknowledged the accomplishments of the Biden administration, highlighting her pride in serving as vice-president.

“My time serving as vice-president was one of the greatest honors of my life,” Harris said, underscoring her dedication to continuing the work they started.

In a phone call to his campaign team, Biden praised Harris, urging his supporters to rally behind her. “I’m hoping you’ll give every bit of your heart and soul that you gave to me to Kamala,” he said.

Despite stepping back from the race, Biden vowed to remain actively involved in supporting Harris and emphasized the importance of defeating Trump, calling him “a danger to this nation.”

Harris’s nomination marks a significant milestone, but challenges remain. The campaign will focus on addressing key issues such as healthcare, climate change, and economic inequality.

With millions of dollars pouring into her campaign since Biden’s announcement, Harris aims to capitalize on the momentum and build a coalition that appeals to a broad spectrum of voters.

As the DNC approaches, Harris is expected to formally accept the nomination, solidifying her position as the Democratic leader.

The coming months will be crucial as she works to unite the party and reach out to undecided voters. With her historic nomination, Harris stands poised to make a lasting impact on the future of American politics.

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President Declines Nomination, Endorses Harris for 2024

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In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his full support behind Vice President Kamala Harris.

The surprise move, shared with the public this morning, represents a pivotal moment in the Democratic Party’s journey toward the upcoming presidential election.

In his statement, Biden said that his choice to step aside is driven by a desire to concentrate on his remaining duties as President.

He expressed gratitude for the opportunity to serve alongside Harris, calling her selection as his Vice President in 2020 “the best decision” he has made. “My fellow Democrats,” Biden began, “I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.”

The President’s announcement signifies a strategic shift in the 2024 election landscape. By endorsing Kamala Harris, Biden not only aims to consolidate support within the party but also to set the stage for a unified front against former President Donald Trump.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,” Biden declared. “Democrats — it’s time to come together and beat Trump. Let’s do this.”

This endorsement comes as a surprise to many, given Biden’s earlier commitment to seeking re-election.

However, it reflects a broader strategic maneuver to ensure party unity and strengthen the Democratic position in the face of a formidable opponent. By focusing on Harris, Biden aims to leverage her growing popularity and political acumen to fortify the party’s chances in the upcoming election.

Kamala Harris, who has served as Vice President since January 2021, will now be thrust into the spotlight as the presumptive Democratic nominee.

Her campaign is expected to build on the legacy of the current administration while addressing key issues facing the nation.

The move also raises the stakes for the Republicans, who will need to prepare for a robust campaign from a seasoned political leader in Harris.

As the 2024 election cycle ramps up, Biden’s endorsement is likely to reshape the dynamics of the race, influencing both Democratic strategies and Republican responses.

The coming months will be critical as Harris and her team work to solidify their platform and rally support from voters across the nation.

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