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Develop Your Zone, Don’t Wait For FG, Obasanjo Tells S-east Govs, Ndigbo

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Former President Olusegun Obasanjo, yesterday, asked Ndigbo and their governors to take their destiny in their hands by developing the South-East geographical zone instead of waiting for the government.

Obasanjo said there was no need for the governors to wait for the Federal Government to develop South-East when they already had the instruments already.

Obasanjo noted that economy and security were two sides of the same coin, adding that none could be achieved without the other.

He also asked Igbo elders to intervene in the on-going agitation for Biafra Republic to bring the situation under control.

Obasanjo described the Igbo stock as unique people, saying their entrepreneurial and communal efforts were driven with the spirit of adventure.

He spoke as the Deputy Senate President, Ike Ekweremadu asked President Muhammadu Buhari to obey an earlier court order compelling the Federal Government to release the detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu.

Ekweremadu further lamented that the South-East zone was not represented at the apex level of either the military or the police.

On the rule of law and fundamental human rights as enshrined in the 1999 Constitution as amended, Ekweremadu insisted that Kanu must have his day in court and if court orders his release, he must be released.

Both Obasanjo and Ekweremadu spoke, yesterday at the South East Economic and Security Summit in Enugu.

Among those who attended the summit included former Secretary of the Commonwealth, Chief Emeka Anyaoku; former Vice President, Dr. Alex Ekwueme; Chief Pascal Dozie; Mbazulike Amaechi; Ben Akabueze; Gen. Azubuike Ihejirika (retd), among other dignitaries.

President Muhammadu Buhari was expected as a guest during the summit but he neither attended nor sent any representative.

Develop your zone, don’t wait for FG, Obasanjo tells S-East govs, Ndigbo.

According to Obasanjo, the aim of the summit was on how the industrious people of the zone could do things for themselves other than relying on government’s intervention.

Obasanjo said: “Insecurity in any part of the country affects the other. The instruments of doing the jobs are already with you.

“The South-East had been known from time for entrepreneurship, community effort services and their spirit of adventure. The papa Okafor has been there in my village right from when I was growing up and nobody has taken those traits away from the Igboman, but how do we use it to achieve economic prosperity and security?

“You can’t have security when the economy of your people is not well taken care of and you can’t have security without economic prosperity. What we need to do here is to harness what we have.

“The people of the South-East are extremely unique and need to be harnessed. We should work together and that is the purpose of this summit.”

The former president told the gathering to look in the ways of their fertile agricultural land, the Aba industrial cluster, and other minerals both on the surface and beneath the earth to grow their economy.

“Whatever we can do for ourselves, let us do it for ourselves. If I could go to Maiduguri when Boko Haram was raging and I had to try to reach out to them in the interest of the country, I don’t think I have to be eulogized for being part of the initiative of South-East summit.

“Security is all inclusive. If there is no security in any part of the country, there is no security in the entire country. All the governors have spoken. I am delighted. They said ‘we have things we can do if given the instrument’. You have the instruments already.

Obasanjo lists traits of Ndigbo

“We knew South-East for enterprise, entrepreneurial ability, communal interest and spirit of adventure. Nobody can take it away from them. What can we do with it in area of economy and security? The symbiotic relationship between economy and security has been mentioned by the governors and the chairman. You cannot have good economy when the security of your people is not taken care of. If security is not taken care of, the economy will diminish. What we have, how can we use it?

“The people of South-East are extremely unique. That uniqueness of the South-East must be used to your advantage,” Obasanjo said.

On agitation for a sovereign state of Biafra

On the agitation for a sovereign state of Biafra, Obasanjo attributed the situation to youth restiveness, caused by challenges facing the young people of the zone and asked: “But should we leave them with the agitation, should we leave them as elders?

“There should be agitation by the youths but should we leave them with the agitation? There is this saying that where youths are cutting trees in the forest, the elders should caution them because they are the people who know where the tree will fall,” he addeed.

Citing the Aba-made shoes and Ebonyi rice as examples, Obasanjo described the potentials of the South-East region as legendary, saying that the South-East could be the food basket of the nation.

He, however, described the challenge of youth restiveness in the region as understandable as the agitators had education and skills and yet they do not have jobs.

I’m not at war with Buhari

In his speech, Ekweremadu stressed that he was not at war with President Muhammadu Buhari, citing recent meetings he had had with the President.

Ekweremadu further called for the restructuring of the country, noting that if Nigeria’s democracy should thrive, the citizens should be ready to subject themselves to the basic rules of law.

He said: “So long as we have unified economic structure, it cannot work. It is also important that all parts of the country are represented in the affairs of government. As we talk now, nobody from the South-East is among the security chiefs in Nigeria.

“On human rights, the issue of liberty is an inalienable right. If court says release somebody, please do that. No matter the offence allegedly committed by Nnamdi Kanu, he should be released from detention.”

The Chairman of the planning committee of the summit and former Minister of Power, Prof. Bath Nnaji, said the essence of the summit was to brainstorm on how the private sector could work with the public sector to achieve infrastructure influx into the South East. Nnaji said the areas they are looking at to work on include gas pipelines, railway, sustainable agriculture, among other areas.

Anyaoku calls for restructuring of Nigeria

Earlier, Emeka Anyaoku, former Secretary General of Commonwealth and Chairman of the occasion, reiterated his call for the restructuring of Nigeria to have fewer and effective federating units for this country to have stability and faster pace of development.

“There is no need for Federal Government to periodically bail out any of the 36 non-viable units from dire financial conditions,” he said.

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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