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Obasanjo Rejects Restructuring

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  • Obasanjo Rejects Restructuring

Former President Olusegun Obasanjo yesterday expressed his strong opposition to calls for the restructuring of the country saying there was nothing wrong with Nigeria to warrant the raging clamour for restructuring or dismemberment. General Obasanjo who spoke at the palace of Olu of Warri, His Majesty, Ogiame Ikenwoli, when he paid a visit to the monarch said what needs restructuring is the mindset of Nigerians.

The former president who was reacting to comments made by the Palace Chief, Brown Mene who spoke on behalf of the throne that the Itsekiri people were marginalised by the Nigerian state said “There is nothing wrong with Nigeria, but a lot is wrong with Nigerians. We need to correct what is wrong with Nigerians and you become an accomplice if you fail to say what is right”.

His words: “The point I note of your dissatisfaction is that in spite of history and in spite of the current situation of marginalization of your interests and desire, you never asked to be separated from Nigeria.

“When I was president, some people from Ogun state visited Aso Rock to complain that they were also marginalised. There is nothing wrong in asking for more share of the national cake but it is unacceptable for anyone to say that the only way out is separation.

“We can solve all our problems through dialogue, debate, discussion, conversation. I participated in the civil war. It was gruesome, destructive, deadly. Those clamouring don’t know what war means. I swore never to be part of it again. They say in my place that he who sees Sango (god of thunder) fighting, destroying with fire will never want to see Sango in his element again.

“The answer to most of our problems is mindset change and change of mentality. If we need any restructuring, it is the restructuring of our mindset and mentality. How will anybody in his right senses believe separation in the way out? We have passed that stage. We have problems, there are many ways we can solve them. It is our diversity that make us a great country. I won’t want a Nigeria where we dance same juju, or wear same attire. Our strength is in our diversity.

“Some progress is being made in spite of our difficulties and problems. We need to make greater progress than we have made before. If we do that, we will have good governance. There should be no impunity, everybody must have a sense of belonging, a stake in this project called Nigeria. Dismemberment of Nigeria is not good enough. Inequality, injustice, unfairness, impunity are not good enough and should be substituted”.

Earlier in his speech, palace spokesman, Chief Brown Mene had told Obasanjo that the Itsekiri people were being marginalised by the Nigerian state in spite of the Itsekiri kingdom’s contribution to the growth of the nation, but that they would rather not thread the path of violence or separation to redress their plight.

Brown said on Itsekiri’s cry for justice that, “We prefer ours in a refined manner devoid of violence. We will go with it reasonably, responsibly, peacefully, persuasively, so that what is just may be recognised. We are aware of several parts of the country clamouring for secession. Itsekiri prefer for Nigeria to remain strong and united, a nation where justice is recognised, merit rewarded and crime punished correctively so that we can build an egalitarian society.

Harping on the former president’s background, leadership experience, towering influence till date and his passion to support a united Nigeria against all odds, he said the Itsekiri nation placed much hope on Obasanjo to help the kingdom in surmounting the challenge of marginalisation.

Brown told Obasanjo that, “In the sense of how we see the hand of God in you, there is still a lot more that can be done for this country through you. As you still have the voice in Nigeria, please continue to speak so that minorities in this country will not continue to be sidelined just because we lack headcount majority. We have been contributing values to the building of this nation.

“As God continues to give you a voice to speak, remember us. Because of the path God has given you to walk through, you also have as a duty to speak for the downtrodden so that Nigeria may be built on equity based on justice so that those who labour to build this nation may be rewarded”.

Former President Obasanjo’s current stand on restructuring was a carry over of his convictions when he was at the helm of affairs in the country. As president, General Obasanjo was opposed to any call for the restructuring of Nigeria.

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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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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