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A Must Read: Nigeria holds its breadth as Edo elects next governor Tommorrow.

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With the stage set for the Edo State governorship poll tommorrow Wednesday, September 28, Nigerians are waiting with bated breath for a free, fair and transparent election process. But once again, the build-up has been marred by allegations of fraud, even after the elections were postponed. An allegation of connivance to rig the polls was levelled against INEC, the Police and the ruling APC. The PDP in a statement by its publicity secretary, Chris Nehekhare claimed it had credible information that there was an arrangement by the APC to thumbprint fake ballot papers and take them to local councils where its candidate is expected to lose. He further said there was another plot to plant fake permanent voters cards on PDP supporters and get them arrested. Although the Edo the state police command and INEC have in separate reactions, denied the allegation, these are ominous signs that portend to trouble. If, as we say, the morning tells the day, then politicians, their supporters, power mongers, security agencies and all sorts of irredentists who take advantage of such situations of chaos should spare a thought for peace and security in Edo state and indeed the country.

According to the PDP, this sinister plot hatched between the APC and INEC with the connivance of the police was a ploy to manipulate or disrupt the results on the field at polling stations where they may be losing the elections. “They are planning to destabilize the election at Uromi, Ovia and parts of Oredo in order to provoke inconclusive elections in their areas of weakness. We are also reliably informed that members of the APC have been granted remote access to the INEC servers and its e-collation platforms. We are informed that certain officials of the commission had granted the APC real time access to the platforms in furtherance of their plan,” the PDP statement said.

Interestingly, the two governorship candidates, who hail from the ancient Benin Kingdom, have served the state in various capacities and on the platform of the same political party before this contest separated them. This, of course, could make the contest very divisive. On an optimistic note, it could also make it less so! Nigerians hope the latter prevails. What is more, incumbent Governor Adams Oshiomhole who is rounding off his constitutional second term has presided over a relatively peaceful state. While he is entitled to some partisanship as expected of an outgoing governor who would want his legacies consolidated by a successor, the least that is expected of Oshiomhole, a well-known unionist is to help ensure that the will of the Edo people prevails at the ballot box. That is the only way to guard his reputation as a statesman.

The APC governorship candidate, Godwin Obaseki defeated other aspirants at the APC primaries of Saturday, June 18, while Osagie Ize-Iyamu, who will fly the PDP flag, won his party’s ticket on June 20. Ize-Iyamu and Obaseki have both been in the same political camp before going their separate ways.

Ize-Iyamu, a pastor, is a former Chief of Staff and Secretary to Edo State government. He was an APC bigwig before decamping to the PDP. Ize-Iyamu was also the National Vice-Chairman, South-South Zone of the defunct Action Congress of Nigeria (ACN). He was the director general of Oshiomhole’s second term campaign organization in 2012. He had also once coordinated the office of the Goodluck/Sambo campaign organization on the PDP platform.

Obaseki was managing director and board chairman of Afrinvest (West Africa) Ltd until June 2016. He served on the Presidential Committee on the Reform of the Nigerian Pensions System; and also on the Committee on Reactivation of the Nigerian Bond Market set up by Securities and Exchange Commission (SEC). He is an active member of the Nigerian Stock Exchange (NSE) and currently serves in its Governing Council. He has also served on many NSE committees. In 2001, he was nominated Global Leader of Tomorrow (GLT) by the World Economic Forum. He is a Fellow of the Nigerian Chartered Institute of Stockbrokers and an alumnus of the Lagos Business School. He is the founding and current Chairman of Edo State Economic and Strategy Team which was inaugurated by Governor Oshiomhole in March 2009. So, both men come to the race with good enough credentials as managers and politicians.

Next Wednesday’s election offers another important test case for what to expect in 2019 and INEC should seize the moment to send the right signals about its capacity to organize free, fair and credible elections. With only 1,925,105 registered voters, INEC has more than adequate material, personnel and security wherewithal to do a diligent job in Edo, if it wants to. Therefore, there was no excuse for INEC, to have postponed the election from September 10, to September 28 after deploying all the requisite logistics, other than gross incompetence, partiality, corruption and mischief. The postponement of the vote over some imaginary security threats led to all sorts of speculations and opened the electoral umpire to charges of impartiality; and in the process, undermined its own credibility. INEC now has a historic opportunity to try to salvage its increasingly battered public image and gain some measure of public respectability.

As this is the second state-wide election to be organized by new INEC Chairman, Professor Mahmud Yakubu, expectations are high that INEC would discharge itself creditably. The first election on Yakubu’s watch was in Kogi where a strange development neither envisaged by the constitution nor Electoral Act occurred: the presumed winner died before the results were announced and that created a new phrase in Nigeria’s political lexicon – “inconclusive election.” In Nigeria where cynicism, political opportunism and inordinate ambition is the currency of choice of politicians, the prospect of any “inconclusiveness” over the Edo election should be banished by INEC with fairness in its conduct of the poll.

INEC should ensure that Edo politicians are not given any opportunity to engage in a shouting match to the news media when certain hiccups occur. INEC should work hard to plug all loopholes and save itself any embarrassment. The politicians in Edo State must behave in a decorous manner if they are truly out for service to the people, and the security agencies must show a high degree of professionalism and neutrality. Election is a process that has many components and stages. The Election Day itself is however the most critical, when its integrity can be easily compromised and outcome discredited. Once trust, the building block of credibility of the process is doubtful, people and observers automatically suspect injustice and that can be the trigger of widespread violence.

Politicians, their supporters, power mongers, security agencies and all sorts of irredentists who take advantage of the absence of an Election Offences Tribunal should spare a thought for peace and security in the state and indeed the country. All told, the people of Edo State should also be conscious of the fact that extant electoral laws empower the election umpire, INEC, to suspend or cancel elections where actions are suspected to have compromised the integrity of the process. That is why all Nigerians need to reflect on the implications of their negative attitude before, during and after elections. The people of Edo should realize that they are the source and the pillars of democracy and good governance. They owe themselves the duty to make it work in their State. They should help deepen democracy by voting peacefully on Wednesday and ensuring that all votes count.

 

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House Of Reps committee indicts oil firms for tax evasion….

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….As FIRS rejects allegations by the House Committee that he is not doing enough to recover outstanding taxes and bring evaders to book..

 

The House of Representatives ad hoc committee investigating the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contract (PSC) of NNPC has indicted several oil companies for alleged tax evasion to the tune of trillions of naira.

The committee also blamed and seek the prosecution of the Chairperson of the Federal Inland Revenue Service (FIRS), Mamman Nami, for allegedly not doing enough to recover the outstanding taxes from the oil companies, a charge the FIRS boss rejected, saying his agency is working hard to bring all tax evaders to book.

Responding to the allegations levelled against his boss by the committee, the spokesperson for the FIRS chairperson, Johannes Oluwatobi Wojuola, described the claim as untrue, telling PREMIUM TIMES the tax agency is investigating and prosecuting several tax offenders.

According to the report obtained by the News Agency of Nigeria (NAN), investigation by the committee span 1991 till date with alleged tax evasion running into trillions of naira.

The report is expected to be laid before the lawmakers this week.

The ad hoc committee investigation, chaired by Abubakar Fulata, revealed that the JVs and PSCs of NNPC sold Nigerian oil at lowest cost to their own subsidiaries in a ”tax haven”.

The committee alleged that the company subsequently sold the same oil to other buyers at full price, while inflating the cost of their Nigerian production operations and under-reporting the volume of oil they produced.

This, apart from outright circumvention of the Nigerian tax laws, the committee said is abusive and contrived tax avoidance scheme to minimise their tax liability.

The ad hoc committee is praying the house to adopt the recommendations with a view to bringing sanity in the oil and gas operation in Nigeria.

This according to the report of the committee would be a greater benefit to the citizens.

The committee report also showed that all international and national oil companies who enjoyed capital allowance in Nigeria had no Certificate of Acceptance of Fixed Asset (CAFA) as prescribed by the Industrial Inspectorate Act.

The report, however, said all oil companies that benefited from capital allowance without obtaining CAFA as prescribed by the Industrial Inspectorate Act be made to refund all the monies to the government treasury.

NAN reports that on 1 November, 2022 the House ad hoc committee investigating the structure and accountability of the Joint Venture (JV) Businesses and Production Sharing Contracts (PSCS) of the Nigerian National Petroleum Limited began probing oil companies accused of tax evasion.

The probe was at the backdrop of alleged tax evasion by some oil companies operating in Nigeria, which led to the constitution of the committee by Speaker Femi Gbajabiamila.

Mr Fulata, at a meeting with stakeholders in the oil and gas industry, cited relevant sections of the 1999 Constitution as amended.

“This committee is relying on Section 88 and 89 of the 1999 Constitution of the Federal Republic of Nigeria as amended and we are asking heads of agencies who failed to forward their submissions to do so.

“This committee cannot fail in its mandate and we might resort to the use of Police and other security agencies to compel heads of agencies to do so.”

Mr Fulata decried that tax evasion by oil companies, particularly the International Oil Companies (IOCs) has negatively affected the revenue for the country.

Mr Fulata has expressed disappointment that several letters of invitation sent out to some organisations were not responded to, revealing that those who responded did so shabbily.

NAN reports that on 16 November, 2022, the house committee summoned the chairman of the FIRS.

The representatives of the FIRS, a director and special assistant, were not permitted by members of the committee to make presentations as they insisted that only the chairman is expected to speak on behalf of the agency.

The FIRS representatives had earlier told the committee that the service does not have access to the Stock Certificate of crude oil being lifted.

The representatives said the tax agency only relied on the invoice produced and presented to it by the oil companies. The committee then described the arrangement as ridiculous.

(NAN)

 

 

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Dapo Abiodun, Amosun Trade Words Over Dangote Refinery Siting In Lagos

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Ogun State Governor, Dapo Abiodun and his predecessor, Ibikunle Amosun have traded blames over the siting of the Dangote Petroleum Refinery and Petrochemical Plant at the Lekki Free Trade Zone in Lagos State.

The refinery with capacity to produce 650,000 barrels per day which is owned by Africa’s richest man, Aliko Dangote was inaugurated on Monday by President Muhammadu Buhari and four other African Presidents.

A chieftain of the Peoples Democratic Party (PDP), Segun Sowunmi reportedly blamed the Ogun State Government for losing the siting of the behemoth Dangote Refinery to neighbouring Lagos State.

Interestingly, both Amosun, who was the Ogun State governor from 2011 to 2019; and Abiodun who has been the governor since 2019, attended the inauguration of the refinery.

The two politicians are members of the All Progressives Congress (APC) but operate from opposing camps in the state with Amosun preferring another candidate over Abiodun who won his re-election in the March 2023 poll.

‘Amosun Frustrated Dangote’s Efforts To Locate Refinery In Ogun’
In a statement, Abiodun’s Chief Press Secretary, Kunle Somorin said it is painful that the huge investment that should have accrued to the state was lost, especially when the mega project had been initially planned to be located at the Olokola Free Trade Zone, in the Ogun Waterside Local Government Area of the state.

“In truth, everyone knows that Segun Sowunmi is referring to the immediate past governor, Ibikunle Amosun, as the man who frustrated the efforts to locate the refinery in Ogun State.

“We are all aware that the penultimate administration made appreciable and concerted efforts to ensure that the Olokola deep sea port and other ancillary projects in the OKFTZ, become a reality, by rallying major players in the oil and gas sector, including Dangote Group.

“The present governor, Dapo Abiodun, served as the Chairman of the Committee on the Olokola Free Trade Zone projects during the first term of the immediate past governor,” the statement partly read.

Dangote Took Business Decisions — Amosun
However, Amosun, in a counter-statement by his media office signed by Bola Adeyemi, said the Olokola Free Trade Zone project was not solely owned by the Ogun State Government.

He noted that Dangote took a business decision by siting the refinery in Lagos after initial consideration for the Olokola Free Trade Zone.

“From its conception in 2007, it was a Joint Venture. The Federal Government of Nigeria owned the majority 51%, Ondo State Goverment (14.5%), Ogun State Goverment (14.5%), and strategic core investors (20%). Alhaji Aliko Dangote, according to the information availed us when we took office, subsequently bought, and took over the 20% equity of the core investors,” the statement partly read.

“Ogun State was a minority equity stakeholder only, without proprietary strength and capacity to take sole decisions on the Joint Venture enterprise.

“As mere holder of 14.5% equity interest, it is most uncharitable for anyone to churn out lies that Ogun State was in a position to unilaterally frustrate the project or was responsible for the logjam.

“With respect to all sides, it accords more with logic to appreciate the fact that Alhaji Aliko Dangote took business decisions of his own in accordance with the goals of his business strategy and risk assessment.

“No amount of concocted lies, blackmail and orchestrated falsehood will blight these unparalleled facts.

“It is, therefore, interesting to read that the present Ogun State governor holds me responsible for allegedly scuttling the Olokola project.”

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FrieslandCampina WAMCO DDP Revolution Delivers Nigeria’s First Girolando Crossbreeds

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FrieslandCampina WAMCO DDP Revolution

Delivers Nigeria’s First Girolando Crossbreeds

 

FrieslandCampina WAMCO has announced the successful crossbreeding and birth of 25 Crossbreed Girolando calves achieved locally across various farms in Oyo, Ogun and Kwara states, thus spearheading a production revolution and transformation of Nigeria’s dairy sector.  

 

The announcement made by the dairy company’s Executive Director, Corporate Affairs, Ore Famurewa, explained that the Girolando breed is a composite of ‘Milking Gir’ from Brazil and Holstein Friesian from the Netherlands and has produced tremendous results for many decades in Brazil, leading to its transformation to a world power in dairy production. 

 

“In addition to having a high milk yield, the Girolando breed is heat-tolerant, tick-borne disease resistant and possesses other characteristics ideal for production in tropical countries like Nigeria. The Girolando calves are the first generation of a new high milk producing breed in Nigeria” Famurewa said.

 

FrieslandCampina WAMCO continues to contribute to the development of the dairy sector and national food security through its Dairy Development activities and partnerships such as the Value4Dairy Consortium.

 

Launched in April 2021, the Value4Dairy Consortium made up of four strategic partners namely FrieslandCampina WAMCO (Nigeria’s foremost dairy Company), URUS (the largest cow genetics company in the world), Barenbrug (a leading grass seed company) and Agrifirm (a leading feed and supplement company in the Netherlands).

 

The consortium is making progress in implementing sustainable strategies to fast-track growth and development of the Nigerian dairy sector, with proven track records in various agri-related value chains.

 

Two partners of the Consortium, FrieslandCampina WAMCO and URUS Group LP, the global leader in cattle breeding and dairy herd management programs, selected the Girolando breed for introduction to Nigeria and subsequently signed an agreement with a local breeding farm-SMAP Farms Limited. The strategic partnership will maximize success in crossbreeding and increased milk yields on local farms in a sustainable way.

 

In 2022, 1400 Girolando semen straws were produced and 610 artificial inseminations achieved, and 25 Crossbreed Girolando calves have been birthed till date. FrieslandCampina WAMCO sees this key milestone achievement as an important step to give smallholder farmers access to affordable good yield dairy cows in Nigeria.

 

FrieslandCampina WAMCO and other partners of the Value4Dairy Consortium remain committed to providing scalable solutions to agri-related challenges in the Nigerian dairy sector. 

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