Herders Attack Amotekun Corps In Ondo

Babatunde Solanke

A detachment of Amotekun Corps in Ondo State was on Friday attacked by some persons suspected to be herdsmen in Sango of Igoba, a suburb Akure in Akure North Local Government Area of the state.

In a statement signed by the Public Relations Officer of Ondo Amotekun Corps, Jimoh Adeniken, the detachment of the formation that was attacked when it went to a farm where cattle were grazing contrary to the anti grazing law of the state.

The officer had received a call from the owner of the farm seeking help.

When they arrived on the farm, there was no one controlling the cattle that were grazing on the farm.

The officers therefore arrested the cattle and leading them to the headquarters of the formation at Alagbaka, Akure, the state capital.

But,when they got to Sango area, some people suspected to be owners of the cattle came out en masse and began to throw stone.

Some of them were armed with guns, swords, cutlasses, knives and different dangerous weapons and attacked the Amotekun Corps officers.

According to the statement from Amotekun Corps : “Unprovoked Attack On Officers And Men Of The Amotekun Corps At Sango Area, Igoba, Along Ado Road, Akure By The Fulani Herdsmen,” it was revealed that one one of the officers hacked was in coma and a number officers sustained varying degrees of injury.

The statement reads in parts: “Upon constant complaints from many farmers in the Igoba and Osi areas of Akure North Local Government since the 6th of May 2024 till date, the agency of Amotekun corps from the Headquarters in Alagbaka Akure, responded today dated 5th of July 2024, at about 1600 hours.

“During the operation, the corps surveillance team was led to the farms by the owners. On getting there, they met over one hundred and twenty cows ravaging the farms and there was nobody with the cows.

“Determined to enforce the anti-open grazing law of the State, the operatives of the Amotekun corps moved the cows out of the farms, and while passing by the Sango Area, at Igoba, along Ado Road in Akure, groups of armed Fulani herdsmen attacked the officers with stones, bottles, cutlasses, and guns.

“Thereafter, the corps retreated based on the order from the state Headquarters of the Amotekun corps.

“Furthermore, the assailants continued to throw stones and bottles till they invaded the main road and hacked one of the Amotekun officers to a coma while attempting to disarm the officers and men of the Amotekun corps.

“Sequentially, the officers of the Amotekun Corps shot into the air to dislodge them and move back to the office.

“Unfortunately, other officers sustained varying degrees of injuries during the attack and they are currently receiving medical attention at the hospital.

“Hence, the owner of the cows have been identified while investigation continues by the corps.

It would be recalled, that the government of Ondo state had on August 31st, 2021, signed the Anti-Grazing Bill into law.

“The decision which was is in line with the resolution of the Southern Governors’ Forum was aimed at stemming needless instances of skirmishes, conflicts as well as infractions on the enviably peaceful disposition of the good people of Ondo State.

“Government will continue to pursue with vigour, through lawful means, to ensure strict compliance of the law with a view to ensuring, that the efforts of farmers would not be truncated through destruction of their farmlands by herders and their cows.

“Officers of the Corps will however, continue to carry out its legal functions of protecting people of the state as well as their properties.”

NCAA Explains  Suspension Of 10 Private Jet Operators

The Nigeria Civil Aviation Authority (NCAA) has suspended ten pivate jet operators over failure to commence tecertification process.

The Nigeria Civil Aviation Regulations 2023 Part 18.3.4 forbids holders of PNCF from using their aircraft for CARRIAGE OF PASSENGERS, CARGO or MAIL for HIRE or REWARD (commercial operation or charter services)

A statement signed by Director, Public Affairs and Consumer Protection, Michael Achimugu on Saturday said: “As a result of flagrant disregard of this rule, the NCAA had earlier directed all holders of PNCF to undergo re-evaluation which should have been concluded by the 19th of April 2024.

” To this end, the NCAA has suspended the PERMIT FOR NON COMMERCIAL FLIGHTS of Azikel Dredging Nigeria Ltd, Bli-Aviation Safety Services, Ferry Aviation Developments Ltd, Matrix Energy Ltd, Marrietta Management Services Ltd, Worldwide Skypaths Services, Mattini Airline Services Ltd, Aero Lead Ltd, Sky Bird Air Ltd and Ezuma Jets Ltd.”

The statement,said NCAA will not hesitate to initiate enforcement actions against any PNCF holder found guilty of illegal operations.

It added:” The public is hereby notified that it is illegal to engage PNCF holders for commercial purposes. The NCAA will not hesitate to initiate enforcement actions against any PNCF holder found guilty of illegal operations.

” Furthermore, NCAA officials have been deployed to General Aviation Terminals (GAT) and private wings of the airports to monitor activities of the PNCF holders.”

NNPC/SPDC JV Reiterates Commitment To Sustainable Development Projects

Mohammed Shosanya

The NNPC Ltd and Shell Petroleum Development Company (SPDC), through its Joint Venture partnership, have reiterated their commitment to impact on lives through sustainable development projects in Nigeria.

This was announced by the two companies during the commissioning of a state-of-the-art ICT Centre at the Bauchi State University, Gadau (BASUG), built by the NNPC/SPDC JV, on Thursday, according to a statement signed by Femi Soneye,spokesman of the NNPCL.

Speaking during the commissioning ceremony held at the university in Gadau, Bauchi State, NNPC Limited’s Chief Upstream Investment Officer (CUIO) Mr. Bala Wunti said CSR has always been the hallmark of the NNPC-SPDC JV CSR commitments.

“Today’s historic commissioning of this ultra-modern ICT Centre at the BASUG is a testament to the positive and sustainable impact of the oil and gas industry on Nigerians,” Wunti, who was represented by the Head, Business Services, NUIMS, Mr. Sani Kabo, said.

He observed that for several decades, the JV has consistently invested in impactful CSR initiatives across the length and breadth of the country.

He further noted that the successful completion of the ICT centre exemplifies NNPC Ltd.’s commitment to contributing to sustainable development, improving access to quality education and fostering innovation in Nigeria.

Commending the impact of the JV on the community, Wunti also thanked the locals for their tremendous support and hospitality towards the project.

He advocated the need for continuous support from the Bauchi and Gombe State governments, traditional institutions and members of the various host communities in the area especially towards the Kolmani Integrated Development Project.

Speaking,the Managing Director of SPDC and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor described the commissioning as another crucial social investment project completed by the JV in the North-East Nigeria.”

Osagie,who acknowledged the collaborative effort of both parties in the JV, observed that the journey to establish the facility was driven by a vision to enhance critical educational infrastructure, support access to high-demand IT skills, and inspire the growth of the IT ecosystem in Bauchi State and northeast Nigeria.

The state-of-the-art facility houses a Wi-Fi lounge, computer laboratories, conference rooms, lecture halls, office spaces, and a combined 3D printing and hardware lab.

Dangote Varsity Mulls Alternative Energy Solutions

Babatunde Solanke

Aliko Dangote has announced plans to provide alternative energy sources for a lasting solution to resolve energy crisis confronting Aliko Dangote University of Science and Technology (ADUSTECH) Wudil.

The efforts by Aliko Dangote,who doubles as the Chancellor of the University,is targetted at exploring solar mini grids as lasting option to boost electricity supply to the institution.

A press statement by the Vice Chancellor of the Science based tertiary Institution, Prof. Musa Tukur Yakasai,revealed that Africa’s foremost industrialist has chosen to realise the lofty goals through the Dangote Foundation.

Prof. Tukur Yakasai said: “the Dangote Foundation is exploring a lasting solution to the University’s electricity supply problem through means such as solar mini grids, etc.”

He disclosed that the development was sequel to the restoration of power to the institution on Friday by the Distribution company after “Alhaji Aliko Dangote through the Dangote Foundation made an initial payment of the sum of N100m with the commitment by Kano State Government to offset the outstanding liabilities of not only the University but other State MDA’s.”

The statement by the Vice Chancellor reads in parts : “I am pleased to announce to esteemed members of the University Community and the general public that the University was reconnected with electricity by KEDCO today Friday 5th July, 2024 about 16hrs(4pm) local time. This is sequel to the prompt intervention of Kano State Government and Dangote Foundation”.

It further reads, “Let me use this opportunity to appreciate members of the University community both Staff and Students for the understanding and patience shown during this very trying time.”

Professor Yakasai “The entire University Community is deeply grateful for the timely intervention and efforts of the Kano State Government under the stewardship of His Excellency Alh Abba Kabir Yusuf through the office of the SSG Dr Abdullahi Baffa Bichi and the Commissioner Ministry for Higher Education Dr Yusuf Kofarmata.”

Tinubu Moves To Reflate Economy With N2trn

Mohammed Shosanya

President Bola Tinubu has inaugurated a Presidential Economic Coordination Council, (PECC) through which the Federal Government plans to inject over N2trillion naira to reflate the economy soon.

The inauguration took place at the Presidential Villa Abuja on Thursday, with key personalities in the public and private sectors forming part of the Council.

At the inauguration,the President presented the outcomes of his review of the accelerated stabilization and advancement plan where he also gave directive of sectors where bulk of the funds should be channelled for optimum results.

Briefing State House correspondents after the inauguration, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, gave a breakdown of the areas to benefit the emergency funding to include Health, Agriculture, Energy/Power and other areas.

According to Edun, “The President has just inaugurated the Presidential economic Coordination Council and that is a body that is made up of the President’s Economic Management Team, the Legislature, represented by the leaders of the National Assembly; the Senate President and the Speaker of the House of Representatives, as well as very importantly, the sub-nationals, represented by the chairman of the Nigerian Governors Forum, and, of course, the elite of the private sector.

“They were presented with the outcomes of Mr. President’s review of the accelerated stabilization and advancement plan and that was an emergency plan to cover the next six months, which Mr. President had directed that a combination of his own Economic Management Team and the sub nationals, the governor’s level, and the private sector put together for his consideration.

“The sum of that very important exercise is that a N2 trillion package involving N350 billion funding for Health and Social Welfare; N500 billion funding for Agriculture and Food Security; N500 billion for the Energy and Power sector and general business support of about N650 billion.

NNPC-SPDC JV Gives ICT Centre To Bauchi Varsity

Mohammed Shosanya

The Shell Petroleum Development Company Limited (SPDC) and its joint venture partners – Nigerian National Petroleum Company Limited (NNPC); TotalEnergies and Nigeria Agip Oil Company,Thursday inaugurated a state-of-the-art ICT centre at the Sa’adu Zungur University (formerly Bauchi State University), Gadau in Bauchi State in the latest support for education in Nigeria .

The centre,fully funded by the SPDC-operated joint venture, boasts a visually stimulating collaborative workspace where students can engage in group work and brainstorming sessions.

At the inauguration, Bauchi State Governor Bala Mohammed, who was represented by the Director of ICT in the state, Hayatuddeen Babamaji said: “The landmark project would complement the efforts of the government to improve education and boost digital transformation in Bauchi State.”

SPDC Managing Director and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, who was represented by Director SPDC and Country Head Corporate Relations, Igo Weli, said: “The journey to establish this facility was driven by a vision to enhance critical educational infrastructure, support access to high-demand IT skills and inspire growth of the IT ecosystem in Bauchi State and Northeast Nigeria.”

Bala Wunti, Chief Upstream Investment Officer (CUIO) of NNPC Upstream Investment Management Services described the project as “a glimpse of the positive impact of the oil and gas industry on the fortunes of our nation,” and requested “sustained collaboration as we strive to do more.”

Earlier, the Vice Chancellor of Sa’adu Zungur University, Professor Fatima Tahir, had said the centre would serve as a hub for innovation by improving teaching and learning in the institution. The Emir of Bauchi and Chancellor of the university Dr. Rilwanu Adamu sent in a goodwill message thanking the SPDC-operated JV for initiating the project.

The ICT centre has its own power and water supply, offering a chance for uninterrupted learning for students and lecturers and link up with the rest of the world real-time.

To foster sustainable development, the construction strategy included upskilling of indigenous contractors with some of them playing key roles ranging from critical supplies and craftsmanship to medical services and scaffolding.

In addition, 75 staff and students were trained in data science, embedded systems, robotics, and hardware engineering to grow in-house capacity. Sa’adu Zungur University marked the sustainability content of the project with the set-up of a tree planting club which has already planted about 1,000 fruit-bearing trees.

The establishment of the ICT centre is just one aspect of several interventions of the joint venture in Northeast Nigeria. Early this year, the joint venture inaugurated a primary health care centre and completed two livelihood-strengthening programmes to support displaced families in Yobe and Borno states.

The JV has also supported a broad range of initiatives in the region including education, health, shelter and Water Sanitation and Hygiene (WASH) projects.

The support for education by the joint venture has seen the award of hundreds of secondary school and university scholarships, donation of physical infrastructure to schools and the provision of industry experience for students and lecturers from Nigerian universities through sabbatical and internship opportunities.

REA, Mercy Corps Sign Pact On Improved Electricity Access In Nigeria

Mohammed Shosanya

The Rural Electrification Agency (REA),Thursday signed Memorandum of Understanding with Mercy Corps to strengthen electricity cooperatives towards improved electricity access in Nigeria.

The MoU aims to provide capacity building and strengthen the rural electricity users Cooperative Society (REUCS), provide technical assistance for the Africa mini-grid programme – AMP as well as Support in the development of sustainable business model for the operations and maintenance of the Korean Energy Project, a statement said.

The Managing Director/CEO, Abba Abubakar Aliyu,while giving his remarks stated that “today’s MoU signing strengthen REA’s drive for sustainability of projects”.

He said “There is a need to always plan for the end of projects and to indeed put in sustainable measures that will drive the continuity of the project post completion. At REA, the REUCS is the platform used to ensure this sustainability. This platform ensures operation and maintenance of the projects as well as security of the infrastructure and revenue collection. Mercy Corps through years of expertise under this strategic partnership will help the agency towards sustaining projects deployed.”

The Country Director or Mercy Corps Nigeria, Ndubuisi Anyawu stated:“Today is pivotal for us with this signing with the REA. It is not just a formality but a spark that ignites partnership. We stand firm with REA’s mandate and envision a Nigeria that no matter how remote has access to electricity that powers homes, education, healthcare and social development.

This MoU represents a powerful partnership that will mobilize communities to form strong cooperatives that will ensure economic growth. We are honored to partner with REA”

This partnership signifies the willingness and commitment of the organizations in boosting the socio-economic lives of rural communities in Nigeria through provision of electricity.

Nigeria’s CNG Journey Irreversible-Kyari

Mohammed Shosanya

The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible.
Kyari,disclosed this on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos.

A statement signed by Olufemi Soneye,Chief Corporate Communications Officer,
NNPC Ltd,quoted Keyari as saying that,in addition to the massive deployment of CNG stations nationwide, the NNPC Ltd and its partners would also build three Liquefied Natural Gas (LNG) stations in Ajaokuta.

“There is simply no way to turn back on delivering CNG for all Nigerians. It is the right thing to do. Is it late? Yes, but we will make progress, we will cover the gap in order to ensure that the volatility we see with Premium Motor Spirit (petrol) does not apply to gas,” Kyari stated.

He commended President Bola Ahmed Tinubu for providing the needed support to drive domestic gas utilisation aimed at delivering cleaner and cheaper source of energy to Nigerians.

Assuring that the NNPC Ltd will continue to deliver more strategic gas projects for the benefit of Nigerians in line with the Presidential CNG Initiative of bringing prosperity to all Nigerians, Kyari reaffirmed the determination of the NNPC to guarantee the nation’s energy security.

In his speech at the occasion, the Managing Director, NNPC Retail Limited, Mr. Huub Stokman revealed that in the next one year, NNPC Retail would have launched over 100 CNG sites, including 16 NNPC Gas Marketing and NIPCO Gas JV sites.

“CNG provides Nigeria with affordable alternatives to existing available fuel products. It will be about 40% cheaper than petrol in Nigeria and with continued investments, it will become a significant part of our energy mix,” Stokman added.

Speaking,the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the commissioning of the stations will not only provide economic benefits by creating jobs and stimulating local economies, it will also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.

The Chairman of the NNPC Board of Directors, Chief Pius Akinyelure said increased CNG adoption will foster economic benefits by reducing fuel costs for consumers and businesses alike.

Sequel to the removal of fuel subsidy and the declaration of the Presidential Compressed Natural Gas (CNG) initiatives, NNPC Limited has taken the lead in the deployment of Auto-CNG Stations across Nigeria.

Already, NNPC Gas Marketing Limited, a subsidiary of NNPC Limited, in partnership with NIPCO Gas Limited has developed an Auto-CNG rollout plan for construction of thirty-five (35) CNG stations across the various geographical zones of Nigeria.

Corruption:PRADIN Tackles EFCC Boss,Says Knowledge Of PPA Act 2007 Low

Mohammed Shosanya

A coalition of CSOs advocating for sound procurement practice in Nigeria, Procurement Observation and Advocacy Initiative, PRADIN,says the Chairman of the Economic and Financial Crimes Commission, EFCC, Barr. Ola Olukoyode and the immediate past Director General of Bureau of Public Procurement, BPP, Mr. Mamman Ahmadu lack adequate knowledge of the provisions of the Public Procurement Act (PPA) 2007.

Its National Coordinator, Mohammed Bougei Attah,disclosed this while reacting to questions from journalists during a media and CSOs parley on Thursday.

He gave the insight quoting some provisions of the Public Procurement Act 2007 to counter the EFCC statement.

The Chairman was quoted as saying “The Public Procurement Act 2007 is aiding corruption in contract awards” .

He made the statement when he hosted the Management of the Bureau of Public Procurement, BPP led by the former Director General in his office mid last month.

Mr. Attah said except where there are capacity gaps and inadequate information about the Act, it is unprofessional, discouraging and undermines the fight against corruption to make such declaration.

The group maintained that the PPA 2007 is one of the five Sunshine Laws established to fight high level of corruptions in Nigeria.

Attah specifically quoted section 58 of the PPA 2007 under Offences that makes the violation of some parts of the law criminal without option of fine if found guilty and convicted by the Court.

He added that,section 58 (4) (a-h) is very clear as to the types of Procurement offences and their penalties which are not less than five years imprisonment or above ten years.

Besides,the group disclosed that Section 5 (n) under the Functions of BPP among others, gave them the powers to arrest frauds and misprocurement in contracts awards from initiation to implementation before it becomes a large scale corruption that EFCC and other anti-corruption agencies are confronted with daily.

The group revealed that Section 5 (p) of the PPA 2007 is about procurement audit which has not been complied with in the last 13 years since the enactment of the law and establishment of the Bureau.

This,they said,is a huge minus in the fight against corruption because audits are necessary to prevent or reduce corruption.

The one-day media and CSOs parley is held annually as part of the groups contribution to addressing procurement corruption issues which accounts for over 70% of total corruption cases in the public sector.

Access Holdings Leads In PBSI Ranking

Mohammed Shosanya

Access Holdings Plc has been named the leading Tier-1 Bank in the 2024 Proshare Bank Strength Index (PBSI) report.

The PBSI, which evaluates banks based on a comprehensive set of financial metrics derived from audited financial statements for the Financial Year 2023, underscores Access Holdings’ significant strides in the banking sector.

Proshare’s latest report puts Access Holdings at the forefront, alongside other prominent institutions such as Zenith Bank, FBNH, Ecobank, UBA, and GTCO.

As the Nigerian banking sector evolves, Access Holdings stands out for its proactive approach to addressing macro and microeconomic risks. The report draws parallels to the challenges faced by United States banks, such as Silicon Valley, First Republic, and Signature Banks, in 2023 due to poor asset and liability management (ALM).

With the Central Bank of Nigeria’s ongoing banking sector recapitalisation programme, the report highlights the importance of investment in financial technology, customer service scalability, and digital asset engineering between 2024 and 2026. The analysts emphasise that, “With higher capital levels, banks must use the larger amounts of cash available to improve shareholder returns and customer service experiences. Many banks will get cut at the knees by lacking a deliberate strategy to transition from cash flow to value creation.”

The report further highlighted Nigeria’s economic trajectory, noting, “Nigeria’s GDP in 2005 was N38.78trillion and rose to 77.94trillion, roughly two times in 2023, suggesting an average annual growth rate of 3.55 per cent in the last two decades. However, between 2000 and 2005, bank equity sizes grew over ten times or by 1,150 per cent from N2billion to N25billion. In other words, for a decade and a half, banks have used ten times more equity in their businesses than before 2005, yet the country’s GDP growth has been modest.”

The report, however, clarifies that simply raising Nigerian banks’ equity base is not a guarantee for economic growth and development. “Transforming bank equity into drivers of economic growth requires more than money; it requires a coordinated public and private sector plan, with what Proshare analysts have repeatedly called a whole-of-government approach to policies, programmes, and processes.”

Reviewing bank performances in 2023, Proshare analysts observed that banks were pursuing increasingly aggressive approaches to acquiring digital market share while supporting lower operating costs (lower cost-to-income ratios (CIRs)).