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Travel Ban Will Hurt Economy, Says Atiku

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  • Travel Ban Will Hurt Economy, Says Atiku

President Muhammadu Buhari’s travel ban on 50 Nigerians over the Executive Order 6, on Sunday attracted more condemnations.

The Peoples Democratic Party and the Coalition of United Political Parties had on Sunday slammed Buhari for the executive order, saying it was meant to cow opposition members.

But more Nigerians and groups including the PDP presidential candidate, Atiku Abubakar, a human rights lawyer, Mr. Femi Falana (SAN), the Coalition for Nigeria Movement led by former President Olusegun Obasanjo and a civil society group, Access to Justice, on Sunday lambasted the President, describing his action as draconian, clearly arbitrary, repressive and illegal.

Executive order’ll lead to capital flight, recession – Atiku

Atiku, in a statement by his media office in Abuja, warned that the Executive Order which was recently signed by Buhari would lead to capital flight and another recession.

He also said that the statement by the Presidency banning 50 unnamed Nigerians from travelling out of the country, purportedly on the strength of Executive Order 6, was undemocratic.

He described the travel ban as another form of intimidation ahead of the 2019 elections. Atiku said he abhorred any act of criminality, either financially or otherwise.

The presidential candidate, however, warned that the rule of law must be the guide at all times or society would descend into anarchy.

He said it was wrong for the President to act under a mere suspicion that the suspects were believed to have property overseas and were involved in tax dodging or other alleged financial infractions.

The statement partly read, “We must be unequivocal in saying that we abhor any act of criminality, financially or otherwise, but the rule of law must be our guide at all times or society will descend into anarchy.

“Thus, we find it most undemocratic that in a nation governed by the rule of law, a President who swore an oath to abide by the Constitution of the Federal Republic of Nigeria, does this.

“If past events are to be the judge, these 50 individuals will conveniently be critics and opponents of the Buhari administration.

“This is nothing short of intimidation ahead of the 2019 elections. This is what the Buhari administration did in Osun where they froze the accounts of the Adeleke family and then illegally and clandestinely paid N16.7bn to the Osun State Government to facilitate the daylight electoral robbery.”

The former Vice-President said “the Nigerian constitution guarantees every Nigerian citizen freedom of movement and freedom of association.”

This constitutional right, he added, could not be taken away except by a court order.

Atiku said, “If the Buhari administration wants to curtail the rights of Nigerians, then it must go to court and obtain a court order. Anything short of this is unconstitutional and extrajudicial.

“This sudden dictatorial act brings to mind President Buhari’s comments for which he was condemned by the international community and by the generality of Nigerians.

“While delivering an address at the annual general conference of the Nigerian Bar Association on August 26, 2018, President Buhari has said ‘where national security and public interest are threatened or there is a likelihood of their being threatened, the individual rights of those allegedly responsible must take second place, in favour of the greater good of society.’

“That was not only a faulty interpretation of the constitution, the statement also betrays the dictatorial and authoritarian mindset of President Buhari because only he gets to decide who and what threatens national security.”

Atiku recalled Buhari’s Decree Number Two of 1984, which he said, criminalised truth telling if it did not please the President.

He said that the recent action of the President merely showed that “dictators can grow old, but they can’t grow into democrats.”

Atiku said, “Under the Buhari administration, Nigeria has witnessed an unprecedented capital flight out of the nation to the extent that we are not even listed amongst the top 10 recipients of Foreign Direct Investment in Africa in the latest ranking by the United Nations Conference on Trade and Development.

“It is salient to note that we were number one under the last Peoples Democratic Party administration.

“Funnily enough, the Buhari administration was unable to stop Abdulrasheed Maina, their financier, from leaving the country after he was illegally brought back by them and reinstated to the federal service with double promotion.

“It is precisely this type of draconian orders that have chased investors away from Nigeria and it is precisely why Nigerians will chase this recession-friendly government away from power on February 16, 2019, so we can begin the job of Getting Nigeria Working Again.”

Executive order targeted at opposition – Obasanjo coalition

On its part, the Coalition for Nigeria Movement led by former President Olusegun Obasanjo lambasted the Buhari-led Federal Government for imposing a travel ban on 50 politically-exposed persons.

The CNM said this in a statement by its Director, Strategic communications, Akin Osuntokun, on Sunday.

According to the coalition, the ban, which was done in line with Executive Order 6, was a subversion of the rule of law, reminiscent of military decrees.

The CNM also described the new executive order as an attempt to muzzle the opposition.

The CNM said Buhari had been planning to use security agencies to achieve a hidden agenda hence his decision to compromise the nation’s security architecture.

The statement read in part, “Recall that journalists were jailed on account of a similar decree that criminalised any reporting that embarrassed his government. Against this background, what the Executive Order 6 portends is a significant step towards the creation of a police state.

“It is also against this background that the personalisation of the national security architecture makes sense. Otherwise, there would have been no need to continue to reinforce the lopsided and parochial subversion and subordination of the security agencies to a personality cult agenda, at every available opportunity.”

It’s counterproductive to FG’s anti-graft war – SERAP

Also, an anti-corruption advocacy group, Socio-Economic Rights and Accountability Project, also condemned the travel ban, warning that it would be counterproductive to the government’s anti-corruption campaign.

The group, in a statement by its Deputy Director, Timothy Adewale, contended that the ban was “clearly arbitrary, repressive and illegal,” demanding that the Federal Government should lift it immediately.

This was as a Senior Advocate of Nigeria, Chief Mike Ozekhome, argued that the travel ban was a usurpation of the power of the judiciary by the executive.

Ozekhome, who argued that the ban was targeted at the members of opposition political parties and voices critical of the Federal Government, described it as “an extreme panicky measure of desperation” by President Buhari ahead of the next year’s general elections.

SERAP, in its statement, argued that the travel ban violated both domestic and international laws that protect citizens’ human rights.

SERAP said, “The order banning 50 alleged high-profile corrupt Nigerians from travelling abroad without any legal basis and a judicial authorisation is clearly arbitrary, repressive and illegal, as it breaches constitutional rights and the country’s international obligations, which protect the rights to freedom of movement, to leave one’s country, to privacy, and to due process of law.

“Rather than performing its declared objective of preventing dissipation of stolen assets, the travel ban would seriously undermine the government’s expressed commitment to combat grand corruption and violate the country’s international human rights obligations.

“The travel ban will play right into the hands of high-profile corrupt officials by feeding into the narrative that the fight against corruption is targeted only at political opponents.”

On his own part, Ozekhome said the ban was a violation of the principle of separation of powers.

Falana, AJ ask Buhari to lift travel ban on 50 VIPs

Also, a human rights lawyer, Mr. Femi Falana (SAN), and a civil society group, Access to Justice, faulted the travel ban.

Falana in a statement asked the President to immediately withdraw the travel ban, but Access to Justice called for the total cancellation of the entire PEO6, which it argued “is unquestionably anti-democratic and a veiled snare for citizens’ rights.”

“The PEO is also a gratuitous piece of dangerous precedent that opens the door to an uncontrollable dictatorship; it can be used arbitrarily and vindictively to fight and muzzle political opposition, and promote wholly politically-partisan objectives,” the Director of Access to Justice, Mr. Joseph Otteh, added in a statement on Sunday.

In separate statements on Sunday, Falana and Access to Justice, said the executive order could not be the basis for preventing suspects from travelling.

Falana described the travel ban as “superfluous” because either the court or the various anti-corruption agencies had already seized the passports of the affected persons.

He added that it was an “ingenious design to expose the Buhari administration to ridicule.”

He said, “If the Federal Government had done some background check it would have discovered that the names of the 50 VIPs have long been placed on security watch list while their passports have been impounded by the anti-graft agencies or the courts as one of the conditions for admitting them to bail.

“It is public knowledge that whenever the defendants wish to travel abroad for medical treatment they usually apply for the interim release of their passports. Since the courts have taken judicial notice of the perilous state of medical facilities in the country such applications are usually granted.”

He called on President Buhari to immediately withdraw the ban.

He said, “For the umpteenth time, I am compelled to caution the Buhari administration to wage the war against the menace of corruption within the ambit of the rule of law.”

On its part, the Access to Justice, in rejecting the travel ban, called for the reversal of the PEO6 which it said could be vindictively used to fight and muzzle political opponents, and promote wholly politically-partisan objectives.

Otteh said in the statement that the judgment on which the Federal Government anchored the decision for the issuance of the travel ban, made it clear that the Attorney General of the Federation who is the coordinator of the implementation of the PEO6 could not deny owners access to their assets without a court order.

Its director said in a statement, “It is also legally warrantless; the government claims the judgment of Hon. Justice Ijeoma Ojukwu on the case involving PEO 6, gives it authority to bar the named persons.

“This is so very untrue: the judgment clearly required the government to implement PEO 6 in a way that is consistent with the rule of law; the court ruled that the government (Attorney General) could not block, freeze or confiscate any funds or assets without an order of court! If the government cannot take property without an order of court, how could it legitimately bar persons (presumed innocent by the law), from exercising their rights to liberty and movement without an order of court?

“Access to Justice requests the Federal Government to immediately rescind this obnoxious Executive Order.

“In its stead, we ask for Presidential Executive Orders that mandate all persons and authorities, in line with the constitution, to obey all orders and judgments of courts immediately, release all persons ordered by courts to be set free, as well as pay reasonable living (minimum) wages to all workers!”

Why I don’t care about my travel ban – Fani-Kayode

However, a former Minister of Aviation, Femi Fani-Kayode, says he is not moved by the decision of the Buhari-led government to bar him from travelling.

Fani-Kayode said in a statement that his passport had been with the courts and the Economic and Financial Crimes Commission since 2008 thereby making it impossible for him to travel.

The ex-minister, however, said he pitied those who needed medical attention but had also been placed on the list of 50 persons not allowed to travel.

He said, “I could not give a damn that my name is on the list of 50 members of the opposition and prominent Nigerians that have been placed on a travel ban because nothing that Buhari does surprises me.

“I have not left Nigeria since 2008 because my passport has been with the EFCC and the courts for the last 10 years and they have refused to give it to me and allow me to travel. Those on the travel-ban list that need to travel abroad for medical attention or to see their loved ones are the ones I feel sorry for.

“For me, travel ban or no travel ban, I have no intention of leaving Nigeria anytime soon because I am one of those that will be on the forefront in the struggle to liberate our country and ensure that we get Buhari out of power in the next few months.”

Fani-Kayode said Buhari had shown repeatedly that he was a despot and would do anything to muzzle the opposition in order to retain power.

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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Russia and North Korea Revive Military Pact, Heightening Tensions with US

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Russian President Vladimir Putin and North Korean leader Kim Jong Un have revived a Cold War-era military pact.

The agreement, signed on Wednesday during Putin’s first visit to North Korea in 24 years, commits the two nations to provide immediate military assistance to each other if either is attacked.

This development is likely to exacerbate tensions with the United States and its allies.

The Comprehensive Strategic Partnership Treaty, as the pact is officially named, represents the most powerful treaty signed between the two countries, according to Kim.

“This treaty elevates our ties to an alliance,” he declared during the signing ceremony. The deal stipulates that if either nation is invaded by an armed force, the other will provide military and other assistance “with all the means at its disposal,” in line with Article 51 of the United Nations Charter and the laws of both nations.

Putin’s visit to Pyongyang and the signing of the pact come on the heels of Kim’s trip to Russia in September, an event that has already resulted in a notable increase in arms transfers between the two countries, as confirmed by satellite imagery.

Despite the mounting evidence, both Moscow and Pyongyang have denied any such exchanges.

The renewed military alliance marks a significant escalation in the strategic partnership between Russia and North Korea, which had been relatively dormant since the end of the Cold War.

Analysts suggest that this move is a clear message of defiance to Western powers, particularly the United States, which has been involved in ongoing disputes with both nations over various geopolitical issues.

“The Comprehensive Strategic Partnership Treaty is for defensive purposes,” Kim stated, but experts warn that the alliance increases the risks for the US and its partners in responding to provocations from Moscow and Pyongyang. The treaty not only includes mutual defense commitments but also outlines plans to enhance cooperation in trade and investment, further solidifying the bilateral relationship.

Russian officials emphasized that the pact is a natural progression of the countries’ shared interests.

“This treaty is a testament to the deepening strategic and military cooperation between Russia and North Korea,” said Sergey Lavrov, Russia’s Foreign Minister. “It is essential for maintaining regional stability and countering external threats.”

The US and its allies have expressed grave concerns over the implications of this agreement. “This treaty significantly alters the security landscape in East Asia,” stated a senior US State Department official. “It underscores the need for vigilance and reinforces the importance of our alliances in the region.”

Military analysts are closely watching the developments, noting that the alliance could embolden both nations to take more aggressive stances on the international stage.

“With this treaty, North Korea gains a powerful ally, while Russia secures a foothold in East Asia,” said Alexander Gabuev, a senior fellow at the Carnegie Moscow Center. “It is a strategic maneuver that complicates the geopolitical calculus for the US and its partners.”

The reactivation of the military pact also comes at a time when Russia is deeply involved in the conflict in Ukraine, where it faces significant opposition from Western nations.

North Korea’s unreserved support for Putin’s actions in Ukraine, as articulated by Kim, further aligns the two nations against common adversaries.

As the international community grapples with the potential ramifications of this treaty, it is clear that the renewed alliance between Russia and North Korea represents a formidable challenge to the current global order.

The coming months will likely see increased diplomatic activity as nations reassess their strategies in light of this development.

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Cyril Ramaphosa Begins New Term Under Coalition Government

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Cyril Ramaphosa

Cyril Ramaphosa was sworn in for another term as South Africa’s president on Wednesday, the beginning of a new era under a coalition government.

The ceremony held at the Nelson Mandela Amphitheater in the Union Buildings saw Ramaphosa take the oath of office before Chief Justice Raymond Zondo.

The event was attended by prominent dignitaries, including Nigerian President Bola Tinubu, Democratic Republic of Congo leader Felix Tshisekedi, and Zimbabwe’s Emmerson Mnangagwa, and was marked by a 21-gun salute and an air force flyover.

Ramaphosa’s reappointment comes three weeks after elections saw his party, the African National Congress (ANC), lose its parliamentary majority for the first time since the end of apartheid.

The ANC secured just over 40% of the vote on May 29, with millions of former supporters either backing a splinter party led by ex-leader Jacob Zuma or abstaining due to dissatisfaction over high levels of poverty, unemployment, and crime.

In his inauguration address, Ramaphosa emphasized the resilience of South African democracy and the need for unity.

“The resilience of our democracy has once more been tested, and the people have spoken loudly that they choose peace and democracy over conflict,” he said. “The voters of South Africa did not give any single political party the full mandate to govern our country alone. They have directed us to work together to address their plight and realize their aspirations.”

The ANC’s unprecedented electoral outcome necessitated a power-sharing agreement with long-time rivals. The main opposition Democratic Alliance (DA) and four other parties have agreed to join a government of national unity, supporting Ramaphosa’s leadership in exchange for cabinet and parliamentary positions.

This coalition is expected to prioritize economic growth, investment attraction, structural reforms, and sustainable management of state finances.

The rand strengthened to a level stronger than 18 per dollar for the first time in over ten months, and Johannesburg’s benchmark equity index reached a record high on Wednesday.

Market optimism is driven by the inclusion of business-friendly parties in the government, anticipated to bolster Ramaphosa’s reform agenda aimed at addressing power shortages, logistical challenges, and other economic impediments.

Despite criticism in his previous term for his consultative approach, which opponents labeled as indecisive, Ramaphosa reaffirmed his commitment to inclusive governance.

“Those who would like a president that is dictatorial, who is adventurous, who is reckless, will not find that in me,” he stated last month. “In me they will find a president who wants to consult. All these processes have often been seen as, ‘he is weak, he is not decisive.’ I am decisive, but I want to take people along with.”

The new coalition government faces significant challenges, including negotiating policy differences and accommodating politically powerful figures within the ANC and its partners.

The DA has already expressed concerns over the ANC’s uncosted national health insurance plan and its foreign policy stance.

Susan Booysen, director of research at the Mapungubwe Institute for Strategic Reflection, noted the complexities ahead. “South Africa is really moving into this with minimal on-the-ground preparation and justification,” she said. “The devil is going to be in the exact detail. Once cabinet is announced, some basic agreement will have to be reached on policy positions and on what the red-line issues will be.”

As Ramaphosa begins his new term, the nation watches closely, hopeful that this coalition government can navigate the intricate landscape of South African politics and bring about the much-needed reforms and stability.

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Fubara Appoints and Swears in Caretaker Chairmen for All 23 Rivers State LGAs

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Siminalayi Fubara

Governor Siminalayi Fubara of Rivers State has appointed and sworn in new caretaker chairmen for all 23 local government areas.

This significant action followed swiftly after the House of Assembly, led by factional Speaker Victor Jumbo, screened and confirmed the nominees earlier in the day.

The process began on Tuesday when Governor Fubara submitted the list of nominees to the state House of Assembly.

According to a statement by the Clerk of the House, G.M. Gillis-West, the nominees were summoned for an early morning screening at 8 a.m. on Wednesday.

The rapid succession of events underscores the urgency of the appointments amid ongoing political unrest in the state.

The political crisis intensified as former council chairmen, whose terms had expired, refused to vacate their offices.

This defiance prompted the need for a swift and firm resolution to ensure continuity and stability in local governance.

The swearing-in ceremony took place under tight security at the Executive Council Chambers of the Government House in Port Harcourt, the state capital.

Governor Fubara administered the oath of office to the first batch of eleven caretaker chairmen, with subsequent batches following promptly.

The newly appointed caretaker chairmen are:

  • Abua/Odua LGA: Madigai Dickson
  • Ahoada East LGA: Happy Benneth
  • Ahoada West LGA: Mr. Daddy John Green
  • Akuku Toru LGA: Otonye Briggs
  • Andoni LGA: Reginald Ekaan
  • Asari Toru LGA: Orolosoma Amachree
  • Bonny LGA: Alabota Anengi Barasua
  • Degema LGA: Anthony Soberekon
  • Eleme LGA: Brain Gokpa
  • Emouha LGA: David Omereji
  • Etche LGA: John Otamiri
  • Gokana LGA: Kenneth Kpeden
  • Ikwerre LGA: Darlington Orji
  • Khana LGA: Marvin Yobana
  • Obio/Akpor LGA: Emmanuel Dogwo
  • Ogba/Egbema/Ndoni LGA: Vincent Anyanwu
  • Ogu/Bolo LGA: Margaret Ezenwa
  • Okrika LGA: Chizoba Onyebuchi
  • Omuma LGA: Cynthia Amadi
  • Opobo/Nkoro LGA: Solomon Dokubo
  • Oyigbo LGA: Chima Nwafor
  • Port Harcourt LGA: Isaac Udochukwu
  • Tai LGA: Ruth Michael

Governor Fubara expressed confidence in the capabilities of the newly appointed chairmen and emphasized the importance of their roles in maintaining stability and driving development at the grassroots level.

He urged them to prioritize the needs of their communities and work diligently towards improving the quality of life for all residents of Rivers State.

The appointment of the caretaker chairmen is expected to quell the political tensions that have recently plagued the state, ensuring that local governance continues smoothly and efficiently.

As Rivers State navigates this transitional period, the administration remains committed to fostering a stable and prosperous environment for its citizens.

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