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Devote N5.5bn June Allocation to Pay Salaries, Fayemi Tells Fayose

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  • Devote N5.5bn June Allocation to Pay Salaries, Fayemi Tells Fayose

The Ekiti State governor-elect, Dr Kayode Fayemi, has asked the outgoing Governor, Mr. Ayodele Fayose, to devote the June 2018 federal allocation of N5.52 billion to the payment of salaries and other entitlements of workers.

A statement by Fayemi’s Media Director, Wole Olujobi, said that henceforth, Fayose must make accountability and human face critical factors in the policies of his administration.

He said the usual practice by the governor to collect federal allocations and call stakeholders meetings to deceive Ekiti people on the sharing formula between the state and local governments is no longer acceptable.

Urging Fayose to make accountability and transparency a cardinal policy of his administration in the run-up to the October 16, 2018 handover date, the statement said: “Information available to us suggests that Fayose at the weekend called all the directors in the state service to a meeting in the new Governor’s Lodge, pleading with them not to release sensitive information to the opposition, including non-disclosure of the state’s finances.

“But we want to say that the state has received N5.52b fresh June federal allocation and we demand that the money be spent to pay salary, and should not be subjected to the circus of lies and deceits that often accompanied the sharing of the allocations in the past whereby local governments were given their shares in the morning and in the night they would be coerced to return the money to the governor’s office while local governments workers remained unpaid for nine months.

“Fresh reports on the status of the state’s internally generated revenue (IGR) have indicated that between October 16, 2014 to date, the state has a revenue profile of N34,560,000,000 kept in secret accounts in one old generation bank account and another new generation account, yet there is nothing to suggest that the money was spent for the benefit of Ekiti people.

“At the State Water Corporation where opaque financial management has left the system in ruins, Ondo State had paid its counterpart fund of 40m for the upgrading of Egbe Dam, but Ekiti State Government has refused to honour its obligation to the project, even as the money paid by Ondo State cannot be traced to any government’s account.

“At Ero Dam, despite releasing N1b on paper out of N1.4b budgeted for the dam’s expansion, there is no sign of work going on there as we speak while in the same Water Corporation, two multi-million naira serviceable trucks were taken to Afao-Ekiti country home of the governor several months ago under pretext that they were being taken
there for repairs and up till now, the trucks are still not in the service of the Water Corporation.”

Meanwhile, workers have issued a 14-day ultimatum to Governor Fayose to pay all arrears of salaries and pensions of
retirees.

The workers acting under the aegis of Ekiti State Organised Labour, said the Fayose government must clear all arrears of workers’ entitlements before a new government takes office on October 16.

Their demands also include payment of over seven months deduction, payment of nine month arrears to local government workers and primary school teachers.

They also advocated the payment of 11 months and six months pensions to local government pensioners and state government pensioners respectively.

Also, the Conference of Nigeria Political Parties (CNPP), Ekiti State chapter, has warned civil servants in the state not to be part of alleged altering of official documents in a desperate attempt by Fayose to cover up some of the shoddy deals embarked upon by his administration.

The caution was contained in a release signed by the state Publicity Secretary of CNPP in Ekiti State, Olu Akomolafe, and made available to newsmen in Ado Ekiti on Sunday.

“It is now in public domain, the on-going alteration of government official documents by the government of Fayose after his party lost the July 14, 2018 governorship election in Ekiti State. All the desperate moves being evolved by the outgoing governor and his few cohorts are not hidden at all.

“Official documents from various ministries, agencies and parastatals are being inter-changed to make governance become cumbersome, equivocal and inexplicable to the incoming administration, hence hoarding or non-availability of necessary official documents needed to know how government activities were carried out in the four years of the present government in the state,” Akomolafe 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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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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