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President Buhari should check Fulani herdsmen assault on Yoruba people now- OPC

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The killing of one our members by Fulani herdsmen in Chief Olu Falae’s farm in the outskirt of Akure, Ondo State, has once again brought to the fore the danger posed by the herdsmen to their peace-loving host communities.

The heartless murder of Ayodele Ige, the coordinator of the OPC in Akure North Local Government Area of Ondo State would not be allowed to be swept under the carpet like many of several other innocent people killed across the country by Fulani herdsmen.
It is particularly worrisome that these people have continued their killing spree across the country without any major condemnation by the Federal Government. It is even more worrisome that the innocent victims were brutally murdered for daring to challenge the Fulani herdsmen for grazing and destroying their farmlands.
It is strange that the security agencies have found it difficult to put an end to these wicked acts by Fulani herdsmen despite repeated cases of killings and arson against them from all over the country.
The story is the same from Enugu to Edo, Akokoland to Oke Ogun and other parts of the country.

Information available to us was that Ige was abducted by the Fulani herdsmen after several of their efforts to enter into Chief Falae’s farm were repelled by our members who have been watching over the farm after the abduction of Chief False by these same people.
The attack by the Fulani herdsmen on the property of a Yoruba leader cannot be allowed to continue.
For us, the killing of one of us is an attack on all of us, much more when that person is a leader.
Let it be known that we have taken this path of peace, not because of cowardice or because of the fear of these people. We want a peaceful, equitable and united Nigeria, which is the pillar of our struggle. But we can no longer bear it that the blood and sweat of our people are continually used to appease Nigeria.
The OPC and indeed the entire Yoruba nation can no longer tolerate these acts of gross impunity against our people by Fulani herdsmen.
Meanwhile, it has come to our notice that a bill tagged “The Fulani National Grazing Reserve”, is presently before t National Assembly. The bill has successfully scaled through second reading in both the Senate and the House of Representatives. For it to become law is to pass through the third reading.

The bill seeks provide for the establishment of a national grazing reserves and stock routes. It is sponsored by Senator Zainab Kure.
The Bill proposes to establish a National Grazing Reserve Commission (NGRC) for the country. The NGRC will be charged with the responsibility of using funds received from the Federal Government to forcefully acquire farmlands from Nigerians in all the 36 States of the country, develop same at Government expense through the provision of bore holes, water reservoirs, etc; for the exclusive use of nomadic cattle rearers.
Without any doubt, this is a very dangerous proposal for Nigeria. We all have seen how the Fulani herdsmen kill and maim members of the community where they graze their cattle without the backing of any law. I am sure that we can only imagine what their attitudes would be if the supposed grazing reserves are forcefully taken over by government and handed over to the herdsmen.
The nation is sitting on a box filled with gun powder and it would only take the quick intervention of all well-meaning Nigerians to avert this danger.
We want to use this opportunity to call on President Muhammadu Buhari to come out and condemn these dastardly acts by Fulani herdsmen across the country.
We want the police to fish out the killers of Ayodele Ige, which is the only way to cushion our loss.
And let the President know that the killings in Agatuland and other parts of the country cannot continue forever. It is only a matter of time before the people stand up to defend themselves.
And for the family of Ayodele Ige, the entire members and leaders of OPC share in your pain over this irreparable loss.
However, we want to assure you that we would not rest until those behind this wicked act are brought to justice.

Comrade Ogunsanya Pius,
Ondo State Coordinator of Oodua People’s Congress.

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Wema Bank Emerges Best Performing Bank in Half year 2022

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Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating 12 other bank’s.

 

According to a special report on the Nigerian banking performance in the first half of 2022 prepared by Nairametrics, Wema Bank ranked first in one category, second in three categories and third in one category. Stanbic IBTC and First Bank came second and third respectively..

 

The key metrics considered in the report are total asset growth, loan book growth, profit growth, cost-to-income ratio movement, and return on average equity.

 

The 13’reviewed banks which are listed on the Nigerian Exchange posted a net profit of N1 trillion in 2021 from N887.1 billion recorded in 2020.

 

The 13 reviewed banks are Wema Bank, First Bank of Nigeria, FCMB, GTB, Jaiz Bank, Access Bank, and Stanbic/IBTC. Others are UBA, Sterling Bank, Unity Bank, Union Bank, Zenith Bank, and Fidelity Bank.

 

During the first six months of 2022, the thirteen banks posted an aggregate of N501.1 billion as profit after tax, representing an increase of 13.1% compared to N443.17 billion recorded in the corresponding period of 2021

 

The banks grew their bottom line despite headwinds ravaging the global economy as the energy crisis triggered a significant surge in the operational costs of businesses operating in the country, while some banks were forced to ration their operating hours in a bid to manage the rise in the cost of operation.

 

Wema Bank came first in the category of

Leading bank’s by customer deposits growth . The bank recorded ±30.2 percent customer deposit growth during the review period, followed by Fidelity Bank and Access Bank with +13.1 percent and +12.8 percent respectively.

 

Wema Bank came second in three other categories – total assets growth rate (+13%), loan book growth rate (+19.9%) and profit after tax growth rate {+47.8%}.

 

Stanbic IBTC , the second place winner, ranked first in total asset growth rate and leading bank’s by cost to income ratio growth rate

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Again! FCMB Lands IN Serious Trouble Over False Claim…… As Court Orders Bank To Pay N540m Damages.

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First City Monument Bank (FCMB) is in hot soup as the Federal Capital Territory (FCT) High Court has ordered the bank to pay N540.5 million in damages to Pastor Emmanuel Omale of the Divine Hand of God Prophetic Ministry and his wife, Deborah over false claim that they laundered N573 million for former chairman of the EFCC, Ibrahim Magu.

Delivering judgement in the suit, Yusuf Halilu, the judge, held that the bank breached its “duty of care to the claimants,” the Omales and their church.

The judgment was on the suit marked: FCT/HC/CV2541/2020 filed by Mr. Omale, his wife and the church.

The judge held that the evidence before the court showed that the bank admitted error in its report to the NFIU of entries in the account of Divine Hand of God Prophetic Ministry which was accused of laundering money on Mr. Magu’s behalf.

Mr. Halilu also said the bank claimed that the purported N573 million was wrongly reflected as credit entry in Divine Hand of God Prophetic Ministry’s account by its reporting system, which it recently upgraded.

The judge held that FCMB admitted the error, which brought incalculable damage to the reputation of the claimants both within and outside the Nigeria – depleting their church’s membership.

Mr. Halilu said the claimants provided sufficient evidence to establish case of negligence against FCMB.

Consequently, the judge awarded N200 million as aggravated damages; N140.5 million as specific damages and N200 million as general damages.

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More Troubles For Dangote Cement As Kogi Govt Demands 10 Per Cent Share, Orders Immediate Seal Off

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However, Dangote Cement is facing allegations of sharp practice from Kogi State government, Kogi Assembly as well as Akwa Ibom State.Already, the Kogi State House of Assembly has ordered stoppage to the activities of the company in two Local Governments in the State while investigations continue.

To make the claim possible, Kogi State House of Assembly ordered the management of Dangote Cement company to provide all necessary documents that have to do with the transfer of Obajana Cement Company owned by Kogi state government to Dangote Cement Company.

The House also directed that the documents signed at the establishment of the Company and relevant receipts of dues it claimed to have paid to Kogi State Government available at the next adjourned sitting date.

The speaker of Kogi State House of Assembly, Matthew Kolawole, gave the order after interim reports of the ongoing investigative hearing on Internally Generated Revenue (IGR) which was submitted by the ad hoc committee led by Hon. Isah Tenimu Umar, Member Representing Lokoja I Constituency and deliberated upon at the plenary on Wednesday.

Kolawole said this has become important in view of the claims and counterclaims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and representatives of Dangote Cement as the acting chairman of KGIRS, Salisu Enehe had earlier accused Dangote Cement Plc Obajana of forging its tax receipt during the investigative hearing by the State House of Assembly.

According to the State Revenue Boss, most of the figures the company claimed to have paid are totally incorrect, urging the company to check its record.

He added that despite the billions of Naira that company is making from the state monthly, it has failed to pay taxes that are due to the state and Lokoja Local Government Area.

Nigerians Getting ₦1,593,247 Per Week From ₦99,000 Investment in Amazon
Nigerians Getting ₦1,593,247 Per Week From ₦99,000.

In another development, Following the unrestrained environmental degradation in Ankpa and Olamaboro local government areas, Kogi state House of Assembly on Wednesday, directed the Commissioner of Police and Commandant of the Nigeria Security and Civil Defence (NSCDC) to seal off operations of Dangote Plc in the affected areas of the State.

The House gave the order during a public hearing on activities of Dangote Group in the state, especially on the the massive exploitation , environmental degradation and non compensation to the affected owners of the land and without revenue accruing to the state government.

The Speaker, Kogi state House of Assembly, Mathew Kolawole, charged the NSCDC commandant to ensure immediate implementation pending when the ad hoc committee on revenue clarifies some grey areas. Kolawole, who lamented the environmental degradation caused by mining activities on Kogi by the Dangote group and its subsidiaries, accused the multi national business concern of making billions in the state but yet fails to give back to it.

Akwa Ibom is also finding it difficult to collect its entitlement from the Dangote Group. According to reports from the place, the Itu Local Government blocked Dangote premises with their trucks because the company has refused to pay tax for more than two years despite pleas and series of warnings.

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