advertise with us
Home Blog Page 366

Biggie issues Beauty strike, Ilebaye warning for flouting rules

0

Biggie has issued this season the ‘Level Up’ housemates Beauty strike while Illabaye a warning for flouting house rule.

Beauty, after the night party, attacked Ilebayi for taking sides with Chomzy who was her roommate at the hotel before the show.

The 24-year-old ex-beauty queen was angry with Groovy for dancing with Chomzy, a Level 1 housemate at the Saturday night party.

Beauty, who is Groovy’s love interest, felt disrespected that he danced with Chomzy who she had issues with.

However, when Ilebaye tried to caution Beauty against raising her voice, the Plateau State-born got angry, walked up to Ilebaye who was seated at the dining table and yanked off her wig.

Ilebaye had said, ‘Just behave yourself and Beauty replied, ‘I should what??’ and the brawl started.

However, Biggie punished Beauty with a strike unlike in ‘Pepper dem’ season where Tacha was disqualified for physically fighting Mercy Eke(The then winner),

Recall that a similar incident got Tacha Akide disqualified in 2019 ‘Pepper dem’ season.

She was disqualified for fighting and provoking Mercy Eke who won the show at the end of the season.

This is first time Biggie is issuing Housemates strike, warning this season.

 

HURIWA supports Senators’ impeachment threat of Buhari over lingering insecurity

0

…accuses govt of complicity over failure to deploy Super Tucano jets

Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA) on Sunday, urged all patriotic and statesmanly Senators to fast-track their impeachment of President Muhammadu Buhari because a failure for seven years can’t perform any miracle within the six-week ultimatum given to him by lawmakers to tackle the menacing insecurity in the country.

HURIWA’s National Coordinator, Comrade Emmanuel Onwubiko, in a statement to Nigerian Newssphere, also questioned military authorities on why they have failed to deploy the 12 Super Tucano fighter jets procured from the United States against terrorists despoiling the country.

The group said it is worrisome that the regime of President Muhammadu Buhari is allegedly sparing bandits and insurgents because of their Fulani ethnic affinity and Islamic affiliation but the bandits who have since been designated as terrorists by a Federal High Court in November 2021 are hellbent on destabilizing the country.

The spate of terrorist attacks on the FCT had increased lately. Terrorists had last week ambushed soldiers of the 7 Guards Brigade, killing three and injuring several others who were returning from the Nigerian Law School in Bwari. The government subsequently shut down FCT schools amid growing fears of imminent terrorist attacks.

ISWAP terrorists had on July 5 attacked the Medium Security Custodial Centre, Kuje, freed hundreds of inmates and killed security agents. There have been numerous other attacks on FCT residents including serial abductions and killings by bandits but these incidents have been downplayed by the security agencies who have been giving the people a false sense of security.

“Instead of launching an unprecedented offensive against terrorists and bloodsucking bandits, the Defence Headquarters came up saying over 30 terrorists in the Bwari area were killed after an attack on troops but the DHQ didn’t release any evidence of the so-called casualty recorded,” HURIWA’s Onwubiko said.

“We can only wonder whether this is audio killing because when terrorists strike, they leave unimaginable ruins. In fact, on that same day that the DHQ claimed that they killed 30 terrorists, the terrorists attacked a military formation in Zuma Rock Madala allegedly killing soldiers. Why does the military have to wait for an order to bomb terrorists?”

Continuing, Onwubiko said, “HURIWA asks why the government has not deployed the 12 Super Tucano fighter jets procured from the United States to bomb terrorists hibernating in Kaduna, Niger and now besieging Abuja from Suleja and Abuja-Lokoja angles? This is despite that a court had declared it legal for the military to use the military jets against the bloodthirsty non-state actors nine months ago.

“HURIWA is forced ask the President if his government is colluding with the terrorists and Fulani bandits because it is befuddling that a government will fold its arms and watch as non-state actors go on the rampage, killing citizens like chickens. Before now, it was in the North-East, but gradually, the terrorists conquered the North-West with daring attacks on military formations and structures. Now, the terrorists are closing in on Abuja. The chickens have finally come home to roost!”

“The Minority Leader of the Senate, Senator Philip Aduda, and his colleagues from the thediverse political persuasions including the All Progressive Congress should speed up their impeachment move of President Buhari. A government that has spent seven years pampering terrorists CANNOT effect any tangible and swift changes in the anti-terror war within six weeks.

“HURIWA therefore demands that the impeachment of President Buhari be fast-tracked. Terrorists are closing in on Abuja and they are certainly hellbent on overrunning Nigeria’s seat of power. The lawmakers must act and not run away from Abuja under the guise of some week-long breaks.  The psychological,  emotional and total disposition of President Muhammadu Buhari shows that he is unwilling to avert the take over of Nigeria by these rampaging Islamists and the any options to stop the collapse of constitutional democracy must be activated now.”

 

 

Liverpool beat Mancity 3-1 to win 2022 Community Shield Trophy

0

Liverpool have beaten Premier League winners, Manchester City to lift 2022 FA Community Shield Cup.

Trent Alexander-Arnold in the 21st minutes netted the first goal.

Man City Julian Alvarez goal in the 70th minutes gave City side an equaliser.

Surprisely Mo Salah’s penalty kick in the 83rd minutes made Liverpool to reclaim their lead.

At 95th minutes, Liverpool forward, Darwin Nunez consolidated liverpool’s victory.

However, Erling Haaland made matter worse for City as he missed a clear goal at the 96th minutes.

His action has generated reactions from fans on the Microblogging site Twitter.

Sofascore:

Erling Haaland missed as many big chances today (2) as he did in all of his 14 appearances for Borussia Dortmund in 2022.

After a City debut to forget, the only way is up for the Norwegian superstar.

@10blended: 

If Haaland actually somehow manages to flop in the PL then they should liquidate Bundesliga, delete the files and pretend it never existed before.

Carl Anka: 

Haaland laughing because he knows he’s going to get fail comps. It’s tuff out here! 😭

All set for BBNaija S7 inaugural night party

0

All is now set for the popular Big Brother Naija Season 7 inaugural Saturday night party, Newssphere learnt.

‘Level Up’ Twenty-Four(24) Housemates, Groovy, Bryann, Daniella, PharmSavi, Ilebaye, Christy O, Amaka, Cyph, Phyna, Khalid, Beauty and Kess, Chi Chi, Chomzy, Sheggz, GiddyFia, Hermes, Diana, Allysyn, Dotun, Adekunle, Dotun, Ello Swagg and Bella were seen going about their activities on Saturday while Nigerians, viewers anxiously wait for the party commencement by 10pm on Saturday.

As it the custom Biggie with the help of sponsors provide the housemates fashionable outfit to rock the party.

During the party, fans vibe housemates dance moves and entertaining skills.

DJ Nana, Big N, Consequence, and others have all lited up previous seasons Saturday party with electrifying music mix.

Housemate expected to steal the day is the popular music video vixen, Hermes and perhaps others with entertaining vibes.

 

2023: Don’t be used by selfish policians, SDP presidential candidate, Adebayo urges CAN

0

Ahead of the 2023 presidential elections, Social Democratic Party(SDP), Presidential candidate, Prince Adewole Adebayo has enjoined Christian Association of Nigeria(CAN) not to be used by selfish politicians but by the Spirit of God.

Adewole stated this during the inaugural ceremony of the new CAN president, Archbishop Daniel Okoh on Thursday in Abuja.

Speaking immediately after the event, the Presdential Candidate urged CAN to play unifying, non-partisan role ahead of the election.

He reiterated the call that Nigeria needs God ordained leaders to rescue her.

“It is good that the Christian community have done their transition without ranckour.

“This should be an example of what Nigeria can be. All the blocks in CAN came together and elect a leader. You will also so that it is the youngest of them all that is now the leader of CAN. It is a biblical thing that when God does His things.

“Everything about God is ordained. I am reminding the Christian community that in this time of tribulations we shouldn’t lose hope, this is a test of faith and all the problems Nigerians are going through, God will surely answer our prayers.

“Secondly, the Christian Church is not only for Christians, the objective of the body of Christ isn’t not to create disunity but Unity. The Church is an inspiration for all of Nigerians. And the mercy of God on Nigeria includes His presence of Christians.

“And that as we are looking for leadership to rescue this country, we should remember what happened when the Children of Israel were facing Goliath, the Philistine, it was not the big generals or the mighty ones God used to rescue them but the lonely David, who they never knew till that day. They should pray, they shouldn’t follow the news or any prediction rather let the Lord minister to them, so that from within a righteous one may arise and bring righteousness to the Country.

“CAN shouldn’t play Chirsitian Vs anybody mentality, but rather to unity the Country. And to give a message that is ecumenical not only among the Christians but among all the religious communities in Nigeria.

“I also reminded that CAN, that the priest, bishops and eminences are people called as instruments of God. This is a moment where politicians use anybody, they shouldn’t be used by anybody but by the spirit of God. And that in this year of Politics they will not become instrument of men but of God, and that nobody should use them for politics. And that they should pray for the Country and get us together. If the Church is united for righteousness and they aren’t against anyone but searching for God’s guidance/answer, the moment of rescue is coming and God should give us the right person to lead the Nation”, he stated.

Telecom subscribers to pay 5% tax on call, text, Data- FG

0

…As NCC rallies stakeholders’ on implementation

…Operators insist tax will be passed to subscribers

…Govt insensitive, irresponsible, should step down implementation- ATCON, NATCOM

Federal Governement has disclosed that telecommunications subscribers would pay 5% tax on call, SMS, data services.

This is coming as the Association of Licensed Telecoms Operators of Nigeria(ALTON), Association of Telecommunications Companies of Nigeria(ATCON), National Association of Telecoms Subscribers(NATCOMS), described the move as strange, insensitive and irresponsible.

Newsssphere learnt this during a Nigerian Communications Commission(NCC) ‘Stakeholders Forum on the Implementation of Exercise Duty on All Telecommunications Services’ held on Thursday in Abuja.

Speaking at the event, the Minister of Finance, Budget and Planning, Mrs Zainab Ahmed urged stakeholders to support the implementation of the 5% exercise duty on telecommunications services.

Zainab represented by the Assistant Director, Tax and Policy, Mr Musa Umar appreciated NCC for providing the platform to increase Nigeria’s revenue generation .

She highlighted that countries in Africa like Malawi, Uganda, Tanzania, others have all keyed into this revenue generation pattern.

She emphasised that this is needed to change Nigeria’s economic situation for good.

“The issue of revenue is not something that need to be shy away from, our revenue can no longer take care of our needs as a country.

“Also Nigeria is no longer making enough money in Oil revenue hence the attention is shifting to Non-revenue”.

She explained that the government is committed towards implementing the regulation in a seamless manner which will not affect Nigerians.

Earlier, in his remark, the Executive Vice Chairman/CEO NCC, Prof Umar Danbatta said the forum is necessitate for stakeholders to get better clarifications on the 5% exercise duty on telecom services implementation.

“As telecoms industry regulator, the Nigerian Communications Commission has engaged with the Federal Ministry of Finance, the Nigerian Customs Service and consultants from the World Bank to get needed clarifications. These engagements enabled us to better understand the objectives and proposed implementation mechanisms of the Excise Duty. Nonetheless, we consider it imperative that these implementing agencies should also meet directly with telecoms industry stakeholders to address areas of concern”, he stated.

On his part, Comptroller General of the Nigerian Customs Service, Hameed Ali urged stakeholders to be patriotic toward implementing the policy.

Hameed represented by the Assistant Comptroller General NCS, Mrs A.S Oshishi revealed that telecommunications operators are expected to be dully registered with the service for seamless actualization of the process.

“Either to pass the cost to consumer or capture it in an appropriation. The payment is to be made in arrears, on the 21st of every month”, he stated.

Reacting to the development, the Chairman, ALTON, Engr Gbenga Adebayo insisted that the new tax burden would be passed to subscribers.

“It is a strange move, it appears a bit unusual. exercise duty is suppose to be apportioned to goods and products, but we are surprise this is on Services.

“We will continue to support government but  ALTON, won’t be able to subsidy this on behalf of subscribers in addition to the 7.5% VAT making it 12.5% payable by subscribers to the federal government.

“We currently pay alot of taxes, running into 39 of them, so we can add more to the our existing burden. We won’t be able to absolve this on behalf of subscribers.

“The 5% Excise Duty will be paid by the subscribers. It will collected by the operators on all voice and data services including OTT and remitted to the Nigerians Customs”, he stated.

On his part, the President of ATCON, Engr Ken Nnamani said, “the proposed exercise duty do not comply with principle of taxation, fairness, certainty, convenience and efficiency”.

Nnamani represented by ATCON Executive Secretary, Mr Ajibola Olude said FG has continued to turn blind eye on the issue of foreign exchange, other challenges facing telecom operators in Nigeria.

He added that the telecom industry is bleeding yet the federal government want to exacerbate the plight of operators with additional taxation.

He appealed that the implementation of the exercise duty should be step down because many youths in Nigeria will loss their jobs.

He advised that the government should channel it efforts to developing other sectors.

Similarly, President National Association of Telecoms Subscribers(NATCOMS), Chief Deolu Ogunbajo said the government’s action is insensitivity and ill-timed.

“It is unfortunate that 5% per cent exercise duty is coming again together with other 38 taxes.

He said, other countries in Africa paying 5% tax on telecommunications services do not have 39 others taxes.

In his words, “this is insensitivity, and irresponsible.  Government should not kill the telecom industry”.

Newssphere gathered that the affected telecommunications services include all services that required license from NCC. It is talk time, Short message services(SMS), call-back services, call facilitation through VoIP and international call gateway.

Recall that on 31 December 2020, President Muhammadu Buhari signed into law the Finance Bill 2020 (now Finance Act 2020) which introduced amendments to 14 tax and fiscal legislations in Nigeria.

Human Right Lawyer, Effiong sentenced to prison over contempt of court

0

…SERAP to sue Gov Udom, Buhari over Effiong’s detention

Chief Judge of Akwa Ibom State, Justice Ekaette Obot on Wednesday sentenced a human rights lawyer, Inibehe Effiong, (Esq) to the state correctional centre for one month over perceived contempt of court.

Justice Obot before ordering the conviction warrant said she had run out of patience with the excesses and unruly behaviours of the embattled lawyer who is the defence counsel to Leo Ekpenyong.

Ekpenyong is standing trial in a libel suit instituted by the governor of the state, Mr Udom Emmanuel and Mr Effiong Dickson Bob.

According to Ihibehe who tweeted on his verified handle said, “I have just been sent to Uyo prison by the Chief Judge of Akwa Ibom State, Justice Ekaette Obot, for one month for defending Leo Ekpenyong in the libel suit filed by Governor Udom Emmanuel.

In reacting to the Court’s decision, Socio- Economic Rights and Accountability Project (SERAP) said its would sue the Governor of Akwa Ibom, Emmanuel Udom, President Muhammadu Buhari administration over Effiong’s detention.

“We’re suing Akwa Ibom State Governor Udom Emmanuel and the Buhari administration over the unlawful detention of human rights lawyer Inibehe Effiong, and the apparent misuse of the justice system”, the group stated via twitter.

 

 

 

,

Misinformation by online media, indifference of gatekeepers

0
By Emmanuel Onwubiko
Nigeria is right now on tenterhooks due largely to massive threats of attacks by armed non state actors. However, misinformation and disinformation targeting certain top office holders by certain money bags embedded inside of the Presidential office in Abuja against persons they perceived as rivals is stoking up security concerns and causing panic amongst the civil population.
The National Security Adviser Major General Babagana Monguno(rtd) was once quoted in the media as alleging that immediate past service chiefs can’t account for the  one billion dollars released for weapons.  But he immediately debunked this same toxic information twenty four hours later but already his first misinformation has spread like wild fire thus making a lot of Nigerians go with the misperception that some or all of the former service Chiefs are unpatriotic and are not accountable for the resources in their care even when it is clear that procurements are handled essentially by the Ministry of Defence.
This toxic misinformation has continued to be used by rumour mongers who seek to tarnish the good name of those service chiefs who did so well that President Muhammadu Buhari went ahead to post them to other Countries as Ambassadors including the then chief of Army staff Lieutenant General Tukur Yusuf Buratai who is the Nigeria’s Ambassador to Benin Republic.
Bad or negative journalism is sharply on the rise in Nigeria, and it is given the wings by social media. Many quacks hide in the labyrinths of social media and citizen journalism. Here is new journalism conducted by people who are not professional journalists but who disseminate information using websites, blogs, and online media.
In Nigeria, this type of journalism has been deployed by individuals who have turned out to mostly specialize in quackery, thus perpetrating bad journalism by failing to report important news, or reporting news shallowly, inaccurately or unfairly.
Bad or negative journalism can leave people dangerously uninformed and misinformed. What the person of former Army Chief of Staff Lt. Gen. Tukur Yusuf Buratai has gone through in the hands of this kind of fake journalists, if they must be called that, mirrors typically what this treatise intends to address. The level of disinformation and misinformation through many online media channels suffered by many patriotic citizens such as Lt. Gen. Tukur Buratai and many innocent Nigerians is becoming quite horrifying and the statutory regulatory agencies such as the Nigerian Press Council, the Nigerian Union of Journalists and the Nigerian Guild of Editors are yet to get to the top of the situation.
These bodies set up in anticipation of retrogressive and gutter journalism and to maintain high standards in the practice of journalism in Nigeria are yet to appreciate the security implications of unethical journalistic practices by these quacks who are simply hack writers that upload fabricated tales against perceived opponents of their paymasters.
Since citizen journalism has come to stay due to the advent of the Internet,  the need to educate practitioners and bloggers on the far-reaching implications of cyberbullying and fake news has equally been heightened. If citizen journalism is not responsibly practised as is now dominated by quacks who carry out hatchet jobs against respectable and patriotic Nigerians, a despotic government may seize the opportunity created by the excesses to churn out anti-press freedom legislations and clamp down on the media generally.
Increasingly, unbiased journalism is getting tough to get in Nigeria even in the mainstream media, and the worst part remains that many innocent  Nigerians like General Buratai and others are victims of this growing trend. The hack and quack journalists tend to feed people with falsehood and subtly take a side and make their victims objects of hate in the public space. This is culminating in one of the most devastating aspects of journalism being permitted by quality controllers.
It is all the more troubling when the targets of these pen-for-hire journalists are citizens who had put their lives on the line to protect and defend the country such as General Buratai. Good journalism is supposed to hold communities together in times of crisis such as Nigeria is facing at the moment, providing the information and the images that enhance citizens’ shared destiny. Fact is: if the country is destroyed, the given arena for the practice is equally destroyed and the future truncated.
This low ebb journalism also has nothing to do with freedom of the press, which along with rule of law, is one of the pillars and bedrocks of democracy. Press freedom has nothing to do with bad journalism and fake news. For the avoidance of doubt, fake news is false or misleading information presented as news. Fake news often has the aim of damaging the reputation of a person as seen in Buratai’s case.
Although false news has always been spread throughout history, the term “fake news” is relatively new in Nigeria and only recently got some sort of legislative attention. The term does not have a fixed definition and has been applied broadly to any type of false information, not just about high-profile people and any news unfavourable to them but false news generally.
Further, disinformation and misinformation, which is the trade-in mark of online journalists, involves spreading false information with harmful intent and is generated and propagated by hostile actors who are hired by individuals who have an axe to grind with the targeted individuals. Their ploys include click-bait headlines that are often not supported by the text. Such junk Journalism seeks to vilify and humiliate those who question the actions or pronouncements of those they support or who sponsor them.
Still using the Buratai example, it is clear that the prevalence of fake news promoted by quack journalists has increased in Nigeria with the recent rise of social media, and this misinformation and quackery is gradually seeping into the mainstream media.
What is more, such fake news generated for stomach infrastructure can reduce the impact of real news on such good personalities by competing with it. For example, the misinformation (fake news) sponsored against Buratai and many like him by such quack copy-and-paste journalists receive more engagement on social media than top stories from major media outlets. What this means is that such fake news is relegating the actual news and taking over the agenda-setting role of the media.
Again, from the Buratai example, concerned citizens can see that bad journalism is an antithesis of media freedom and is a threat to the flourishing of democracy in our country. Bad journalism is a sort of contrivance of duplicity and is the complete opposite of legitimate news and the ethical exercise of good journalism. In journalism, a hack writer is deemed to operate as a mercenary or ‘pen for hire’, who expresses their client’s political opinions and serve as attack dogs of their paymasters against their hapless targets.
The problem is not Citizen Journalism per se, but its practice in the Nigerian media space. It is supposed to be collaborative media,  participatory journalism, or democratic journalism, based upon citizens playing an active role in the process of collecting, reporting, analyzing, and disseminating news and information. But certainly, it should not be allowed to become guerrilla journalism or street/gutter journalism as in our case because it raises the serious issue of the credibility of the media.
Ordinarily,  the people formerly known as the audience employing the press tools they have in their possession such as their smartphones to inform one another is not a bad idea. But deploying such tools to commit libel and defamation, as has been happening to General Buratai and many others, is certainly a big problem. And that is why globally, there are some bodies put in place to ensure proper and global best practices. These measures are necessary given that the general public tends to rely on what they read, see or hear in the media. The Fidelity of sources of information is therefore very important.
One major issue about social media is citizen journalism, in which ordinary people participate actively, who are not professional journalists, but are the main creators and distributors of such news or information. It is social media that has provided willing citizens with very simple tools to engage in journalism practice in such a chaotic and unregulated manner in Nigeria.
Citizen journalism should not be confused with community journalism or civic journalism, both of which are practised by professional journalists; collaborative journalism, which is the practice of professional and non-professional journalists working together; and social journalism, which denotes a digital publication with a hybrid of professional and non-professional journalism.
From the former Army Chief of Staff Lt. Gen. Tukur Yusuf Buratai’s example, one can easily see that the phenomenon under reference is tainting professional journalism practice and news management in our nation. This has been the case for the reason that citizen journalism is unregulated, amateur, and haphazard in quality and coverage. Furthermore, citizen journalists have become a major source of concern due to their lack of professional affiliation and requisite training to serve the public credibly.
Multiple strategies for fighting quack journalism in Nigeria have become necessary. That way,  the purveyors of fake news and hatchet writers as seen in hack jobs paid for by politicians and some others, will be put in check. Some sort of self-censorship and self-regulation and legally-enforced regulation of social media is now inevitable.
That is why one had expected that the Nigerian Press Council, the Nigerian Union of Journalists and the Nigerian Guild of Editors ought to be doing a lot more to bring about some level of sanity, accountability and control. The Nigerian Press Council receives federally distributed allocation without commensurate professional execution of its mandate.
One of the nine key functions of the Nigerian Press Council is that of monitoring the activities, carried out by the press. The purpose of monitoring the activities of the press is to make sure that, there is compliance by the practitioners and the Nigeria Union of Journalists with the professional code and ethical conduct. Importantly, this function of the council is carried out through some form of content analysis, all to ensure that the ethical conduct, as well as, the professional code of the profession is highly complied with. Since everything media is within this body’s purview and the contemplation of the act setting it up, citizen journalism and its excesses are equally within its ambience.
On an individual scale, the ability to actively confront false narratives, as well as taking care when sharing information can reduce the prevalence of falsified information. However, it has been noted that this is vulnerable to the effects of confirmation bias, motivated reasoning and other cognitive biases that can seriously distort reasoning, particularly in dysfunctional and polarised societies such as Nigeria.
Social or online media has become part and parcel of our daily lives as interactive technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks. However, with the variety of stand-alone and built-in social media services currently available, online journalists are now becoming ubiquitous and shielding a lot of hack and quack writers.
Since there is a wide range of positive and negative impacts when it comes to the use of social or online media, one can only recommend some measure of control and accountability to deal with quackery and hatchet writing contents. Journalists should be made by appropriate statutory bodies to remain professional and rise above and fight fake news with legitimate and balanced news reporting and broadcasting. And quacks should be made to pay for noble characters they assassinate and the reputational damage, which  they have brought upon journalism practice in Nigeria.
EMMANUEL ONWUBIKO is head of the HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA and was NATIONAL COMMISSIONER of the NATIONAL HUMAN RIGHTS COMMISSION OF NIGERIA.

Fund Diversion: CBN seeks Court order to freeze accounts of Mojek, Integrated Power, 10 meter providers

0

…Asks court to freeze 157 accounts of accused companies

…There must be grave consequences for offenders — Yusuf

…CBN must follow due process — Ehindero

…Action posses setback on NMMP- Oyebode

The Central Bank of Nigeria (CBN) has accused 12 Meter Asset Provider (MAP) companies for allegedly diverting the intervention funds meant for procurement of Meter for Nigerians.

The apex bank also asked the Federal court to freeze 157 accounts of companies that are Meter Asset Providers (MAPs) for the alleged diversion.

The accused companies listed by the CBN as being involved in the diversion as seen on The Cable include Mojec Meter Asset Management Company Limited, Integrated Power Nigeria Limited, Holley Metering Limited, Protogy Global Services Limited and Turbo Energy Limited.

Others are G Unit Engineering Limited, Koby Global Engineering Services Limited, FLT Energy Systems Limited, Smart Meters Asset Provider Company Limited and Cresthill Engineering Limited.

Nigeria power sector has witnessed severe dispensation such as incessant collapse of national grid, which has occurred for a record sixth time this year alone and lack of proper provision of prepaid meters.

In helping the sector, the apex bank provided financial intervention funds to some companies, which they accused of having diverted the funds.

Following this, the apex bank in a suit filed at the Federal High Court in Lokoja, Kogi State, on July 20, requested commercial banks to restrict the account of 10 companies that received power sector intervention funds under the National Mass Metering Programme (NMMP) for 180 days pending the outcome of its investigation.

On this backdrop, during an interview with our correspondent, stakeholders urged for dire consequences for any company found culpable whilst also advising for due process.

The CBN in the suit said, “The Central Bank of Nigeria reviewed the activities of twelve (12) including the defendants herein Meter Asset Providers (MAPs) alleged to have diverted the Central Bank of Nigeria’s power sector intervention funds under the National Mass Metering Programme (NMMP).

“The diversion of the power sector intervention funds under the National Mass Metering Programme (NMMP) provided by the applicant’s banks, has further occasioned grave instability in the power sector and sustained the estimated billing regime which the federal government is making frantic efforts to make a thing of the past.

“The diversion of the said funds through the bank accounts of the defendants has continually undermined.

“The applicant’s bank intervention system supports various sectors of the Nigerian economy.

“The diversion of the said funds and sustained instability in the power sector is capable of causing significant economic and financial loss to investors, as well as the entire systems and the Nigerian economy in general, if not curtailed.”

Speaking with Nigerian NewsDirect on the development yesterday, an economic analyst and Chief Executive Officer (CEO), Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf disclosed that appropriate sanction should be meted at affected companies for infractions.

According to him, “The funds were diverted and not used for the purpose it was given, then there need to be consequences.

“Because the CBN meant well for making the funds available, and it is an intervention that is supposed to benefit Nigerians because of the critical importance of power and challenges facing the sector. So if this privilege is abused and proven to be so then there should be consequences.

“This should serve as a lesson and deterrence to others because it is a mark of discipline that whatever intervention funds are met for should be used for the same purpose. Sanctions are proportional to the infractions that have committed; in delivering sanction there be a sense of proportionality”, he stated.

On his part, the Chief Executive Officer of Sage Consulting & Communications, Mr. Bode Fadipe said CBN’s move is quite strange.

He said, “It looks rather strange that the CBN will seek an order of Court for the freezing of the accounts of 157 companies. Has there been an audit and the need arose for the accounts of the 157 companies to be frozen or is it part of the commencement of an audit process, which on the face of it, should not be strange.

“A fundamental consequence of taking money from the public is that it must be accounted for.
“The biggest concern for me however is the implication of the action of the CBN, assuming it is true, on the metering programme. To what extent will this action of the CBN affect the metering of customers? How quickly will this process be completed? Does it mean that the NMMP will be on hold until the exercise is completed?

“If this is the situation, it means customers are now left with the second option of getting a meter and that is the method where customers pay in advance before they are metered after which they get their refund through energy credit. Given the financial situation of most of the DisCos, is this a burden they can carry now?” he queried.

The Lead Strategist of Nigerian Workforce Strategy and Enlightenment Centre (NIWOSEC) Dr. David Kayode Ehindero said the Central Bank should tread with caution and indulge in due process.

“Though the Apex bank might be towing the right step to abet corruption and illegal diversion of funds, there should be due process.”

According to him, the CBN alleged that these companies took intervention funds but the court must grant room for fair hearing by the management and owners of these companies before embarking on the freezing decision.
He said, “If intervention loans or funds were taken for supplying meters, who monitor and supervise these people, it’s taken years before the CBN is taking such action.”

 

Okoh emerges new CAN president

0

The Most Rev. Daniel Okoh has emerged as the new president of the Christian Association of Nigeria (CAN).

This is contained in a statement released to Nigerian Newssphere on Tuesday in Abuja by Mr Joseph Daramola the  association’s General Secretary.

Okoh is the General Superintendent of Christ Holy Church, also known as Nation Builders (Odozi-Obodo).

CAN is made up of five blocs: Christian Council of Nigeria (CCN), Catholic Secretariat of Nigeria (CSN), Christian Pentecostal Fellowship of Nigeria (CPFN)/Pentecostal Fellowship of Nigeria (PFN), Organisation of African Instituted Churches (OAIC), (TEKAN and ECWA Fellowship).
CAN is scheduled to hold its general assembly on July 27 which would usher in the new administration.

The assembly also marks the end of the tenure of His Eminence Samson Olusupo-Ayokunle and members of the National Executives under his team.

The outgoing CAN President thanked all Nigerians for their support and prayers which led to his successful tenure.

CAN ‘s pre -assembly, symposium and NEC meeting will begin on Wednesday ,July 27, while on Thursday, the general assembly, senth-forth service and dinner will hold.

The handing over ceremony and beginning of the new transition will take place on Friday July 29.