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President Buhari And The Resurrection Of Corruption In The Award Of Honorary Degrees In Nigerian Universities

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On Saturday, December 12, 2015, President Muhammadu Buhari shocked the Nigeria’s academic community when he went to Kaduna State University, KASU and received an honorary doctorate degree (Honoris Causa) barely seven months after his inauguration.

 

On the surface of it, one would be tempted to ask: is the president being honoured for his records of yesteryears or is he being honoured for his performance in the last seven month? If it is for his past records, the natural question is why now and why by KASU? That university existed for over a decade, why didn’t they honour Muhammadu Buhari last year or five years ago? If the honour is as a result of his present assignment, what has he done this far to earn him a honoris causa? Isn’t it a case of moral corruption for a serving president, who has a lot of favours to dish out, accept to receive an undeserved honorary doctorate degree from a state university whose vice chancellor was, in the last six months, queried by the Visitor to the University about three times?

Is it the case that, after the KASU formula, that the president will not attend the convocation ceremony of any university unless that university include the president as one its recipients of honorary doctorate degree. How not, since over a dozen universities have held their convocation ceremonies since the coming of PMB to office and he attended none, it is therefore safe to assume that his failure to attend was because they have not honoured him with a degree. These include the University of Ibadan, University of Benin, Obafemi Awolowo University, Federal University Owerri, Michael Okpara University of Agriculture, Abubakar Tafawa Balewa University, etc. And none of them received the respect of the presence of the president. Now that KASU has shown the way, any university that wants the president to attend its convocation should simply include the president in the list of the recipients of its honoris causa. They are sure to have the president coming in person to be decorated.

The question is where is the shock? The president action is shocking for three reasons. First, his receiving an honorary doctorate degree, from any Nigerian University, while holding and elected public office is immoral, illegal and a crass violation of the existing regulation guiding the award of honoris causa in Nigeria’s University System. Section 2.0 subsection (a) of the famous Keffi Declaration which was enacted on the 24th September, 2012 by the Association of Vice Chancellors of Nigerian Universities (AVCNU) stated that:

“AVCNU member-universities hereby make it a policy not to honour with honorary degree anybody holding political office (elected or appointed) while such officers are still in service.”
President Buhari violated this rule and the president is an honourable man, apology to Shakespeare in his histo-drama book, Julius Caeser.
In 2012, worried by the spate of irregularities and the erosion of academic culture and university tradition especially in the indiscriminate award of honorary degrees in the university system, the vice chancellors of Nigeria’s federal, state and private universities met at the Nasarawa State University, Keffi and resolved, collectively, that the age-long best practices of university culture be restored and maintained. It was the case that politicians, public office holders and all manner of money-bags and favour-flaunters will be conniving with governing councils, vice chancellors or visitors to state universities all in the bid to cajole or hoodwink the university into awarding an undeserving honorary degree. It was so rampant that the credibility of any honoris causa by any Nigerian university was suspect. The Nigeria’s academic community was relieved when the Keffi Declaration on “Sustaining Academic Tradition in Nigerian Universities, Including Guidelines for the Award of Honorary Degrees” was made. It was even more refreshing seeing that all the federal universities, all the state universities and all the private universities at that time have signed the declaration.

But the action of President Buhari of accepting honoris causa, in complete violation of the Keffi Declaration, has done one of the greatest damages to the university system since the enactment of the declaration in 2012. The president has just killed the Keffi Declaration and therefore open the floodgate of irregularities and moral corruption in the award of honorary degrees. Will the president refuse to accept another honoris causas from other universities? No. All the remaining 140 universities will now line up with their ceremonial academic robes ready to decorate the president with honorary degrees. It will be a moral dilemma for the president to refuse to accept after receiving one from a sister-university. And not only that, the president cannot stop his cabinet members, other public officer holders, and including civil servants from haggling-and-bargaining to ‘buy’ honorary degrees and even stand on the same podium with the president to be decorated. The era of immoral impunity in the award of honoris causa has effectively returned. And it was declared open by the action of Mr President.

Second, and even more disturbing is the fact that Kaduna State University is not competent to award honorary doctorate degree to anybody. Information available on the National Universities Commission website indicates that there are only 22 out of 40 state universities with approval to run masters and PhD programs. KASU is not one them. How can you have an honorary doctorate graduands when you don’t have the regular program with regular students pursuing doctorate studies? More so, the Keffi Declaration, section 2.0 subsection (e) stated explicitly that:

“A university shall not award honorary degrees if it has not graduated any PhD or has no postgraduate school or program”
Because the president is an honourable man, I dare say that his idea of change is about changing the rule, it will be safe to say that he received a 419 degree that is not recognised by the NUC, a government institution under his watch.

The question is how many people graduated with PhDs at the 12th December convocation when President Buhari was decorated by KASU? Have KASU ever graduate a PhD since its establishment? When did they get the approval from the NUC to commence the PhD program? How could KASU award what it does not have? Why should NUC keep mute at this illegality and gross abuse of regulation? If the information they published in their website is correct, why should they allow KASU to award illegal honorary degree even to the resident of the Federation? It is amazing how politicians are always at the forefront of rubbishing our academic traditions and values.

It is very clear that the Visitor to KASU who is the Governor of Kaduna State is at the forefront of this manipulative scheme to rubbish the university system and smear the good name of the president of the country. Or why did he dissolved the governing council of the university simply because they allegedly drew his attention to the illegality and immorality of awarding honoris causa to a serving elected public officer? And the VC who was appointed by Governor Yakowa was rattled to his nerves with an array of queries to get him to accept political interference in the running of the university. How else, given the fact that section 2.0 subsection (c) of the Keffi Declaration states, in parts, that:

“…the award of honorary degree shall not be tied to wealth consideration or political alignment…”
Who will doubt that after sacking the governing council and sufficiently intimidating the vice chancellor of the university, the APC governor as the visitor to the university, is not bullying his way into forcing the university to award illegal degrees to an APC President and a business mogul exclusively for political and material reasons?

My third reason is even more scary. Is the Minister of Education so incompetent as not to draw the attention of the President to all these violations? Why wouldn’t the minister of education draw the attention of the president to the Keffi Declaration? And to the NUC guidelines on approved universities with graduate courses? Or better still shouldn’t the honourable minister make the moral common sense argument of not accepting a gift from an institution under ones superintendence? Or is it the case that the president, who ruled the country for over three months without ministers, is still living with that hang-over and is taking decisions without consulting the relevant ministers? If the minister of education is kept in the dark on the KASU honoris causa brouhaha, then our country is in trouble. It means the president will be relying on informal and unofficial (most of the time, misleading) suggestions to run the country. If the minister is in the picture and his opinion sought by the president and he misled the president into going to accept and illegal honorary degree, then some punitive action must be meted on the minister. If on the other hand, the minister was consulted and he advised the president against accepting the illegal degree and his advice was jettisoned by the president, then something is fundamental wrong – it means there is a crisis of confidence between the president and his ministers. And the earlier that crisis is resolved the better for our country.

It is important to note that PDP, in spite of its numerous ills had adhered to the Keffi Declaration. Former president Goodluck Jonathan, to his credit – (oh God, remembering PDP and Jonathan again) withstood all the pressures and declined many of such offers.

For me, President Muhammadu Buhari can still save the Keffi Declaration, save himself from further embarrassment and save the university system in this regard by doing two things: one, cause his handlers to issue a public statement returning the illegal and undeserved honorary degree back to the awarding university and stating his commitment to respect and protect the Keffi declaration; two, investigate and punish any persons that have hands in misleading him into this embarrassing misstep. Fighting corruption is not just about stolen wealth. It is about respect for regulations. It is about staying on the moral high-grounds. Over to you “Sai Mai Gaskiya.”

Dr. Mohammed Jibo Imran
Santa Clara County
City of San Jose, CA

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EFCC indicts Sirika, brother in new N19bn fraud

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The Economic and Financial Crimes Commission has charged former Minister of Aviation, Hadi Sirika, his brother, Ahmad Sirika; and his company – Enginos Nigeria Limited, with over N19.4bn fraud.

The sum is said to be for several aviation ministry contracts from the former minister to Enginos Nigeria Limited, owned by Sirika’s younger brother, Abubakar.

The Sirika brothers and Enginos Nigeria Limited will be arraigned before Justice Belgore of the Federal Capital Territory High Court, Garki, Abuja today (Tuesday).

It is the second criminal charge the EFCC will be filing against the ex-aviation minister.

He was last Thursday arraigned for N2.7bn fraud before the High Court of the Federal Capital Territory in Abuja.

Sirika was arraigned on six counts alongside his daughter, Fatimah; brother-in-law, Jalal Hamma, and Al-Buraq Investment Ltd.

The defendants pleaded not guilty while Justice Sylvanus Oriji granted them N100m bail each, with the condition that they must not travel out of the country until the end of the criminal case.

On Monday, EFCC insiders informed The PUNCH that the anti-graft agency had filed a second charge against the ex-minister, bordering on N19.4bn fraud.

In the copy of the fresh charges sighted by our correspondent on Monday, the EFCC alleged that Sirika, “while being the Minister of Aviation, on or about 18th August 2022, in Abuja, within the jurisdiction of this honourable court, did use your position to confer an unfair advantage upon Enginos Nigeria Limited, whose alter ego, Ahmad Abubakar Sirika, is your biological brother, by using your position to influence the award to him, the contract for the construction of a terminal building at Katsina Airport for the sum of N1,345,586,500.00.”

According to the EFCC, Sirika’s alleged action was a violation of Section 19 of the Corrupt Practices and Other Related Offences Act, 2000 and punishable under the same section.

In another count, the EFCC alleged that “on or about 3rd of November, 2022, in Abuja,” Sirika used his position “to confer unfair advantage upon Enginos Nigeria Limited, whose alter ego, Ahmad Abubakar Sirika, is your biological brother, by using your position to influence the award to him, the contract for the establishment of Fire Truck Maintenance and Refurbishment Centre at Katsina Airport for the sum of N3,811,497,685.00.”

In another count, he was accused of corruptly awarding a N615,195,275.00 contract to his brother for the procurement and installation of lift and air conditioners and power generators for the Aviation House in Abuja.

Furthermore, the EFCC alleged that Sirika, between August 2022 and May 2023 in Abuja, “had possession of an aggregate sum of N2,337, 840,674.16, which sum you knew indirectly represented the proceeds of criminal conducts of Hadi Abubakar Sirika, who was the Minister of Aviation at the time.”

It was revealed that the ex-minister’s younger brother, Abubakar, was earlier arrested and detained by the EFCC in connection with N3,212,258,930.18 paid to his company, Enginos Nigerian Limited’s bank account by the former minister.

 

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Nigerian Bank chiefs obtain N549bn insider loans in five years

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Directors and key management personnel of Deposit Money Banks borrowed about N549bn from their financial institutions in five years.

This is according to The PUNCH analysis of the banks’ annual reports filed with the Nigerian Exchange Limited between 2019 and 2023.

However, the banks’ loans and advances to some directors and key management personnel as well as related party transactions dropped significantly in 2023.

These transactions dropped to N52.40bn for eight financial institutions compared to N111.31bn in 2022, indicating a 52.92 per cent decline in one year.

Financial institutions reviewed in the 2023 review include Access Holdings, Guaranty Trust Holding Company Plc, Zenith Bank Plc, United Bank for Africa, Fidelity Bank, Wema Bank, Stanbic IBTC Holding Plc and the FCMB Group.

This decline came amid the release of new corporate governance guidelines by the Central Bank of Nigeria which went into effect August 1, 2023.

In the circular dated July 13, 2023, and signed by Director, Financial Policy and Regulation Department, Chibuzo Efobi, the guidelines which imposed responsibilities on the bank board and the executive compliance officers, supersede other previous codes, circulars and related directives, according to the apex bank.

The CBN guidelines on related party transactions said, “Banks shall establish a policy concerning insider trading and related party transactions by directors, senior executives, and employees, as well as publish the policy or a summary of that policy on their website. 22.2 The policy shall contain appropriate standards and procedures to ensure it is effectively implemented. 22.3 In addition to the requirements in Section 22.2, there shall be an internal review mechanism carried out by the internal audit function of the bank, to assess the compliance and effectiveness of the policy.

“22.4 Any director whose facility or that of his/her related interests remains nonperforming in any financial institution for more than one year shall cease to be on the board of the bank and shall be blacklisted from sitting on the board of such bank and that of any other financial institution under the purview of the CBN. 22.5 No director-related loans and/or interest thereon shall be written off without the CBN’s prior approval.”

Leading the pack in terms of major decline in loans to related parties and entities controlled by key management personnel was Fidelity Bank Plc, which went from N92.31bn at the end of December 2022 to N2.09bn at the end of last year.

In footnotes, the bank however said that some of the related parties like A-Z Petroleum Limited, Dangote Group and Genesis Group as of 31 December 2022, had “exited the related party relationship post 2022 financial year in line with CBN requirement.”

In 2022, the total value of insider loans for 10 banks including Access Holdings, Guaranty Trust Holding Company Plc, Zenith Bank Plc, United Bank for Africa, Fidelity Bank, Wema Bank, Stanbic IBTC Holding Plc, FCMB Group, Unity Bank and Sterling Bank amounted to N131.04bn.

Fidelity Bank led the highest for the year, followed by Unity Bank at N17.32bn and UBA at N13.74bn.

In 2021, the loans to related parties of these financial institutions rose to N139.16bn with Fidelity Bank and UBA leading at N97.73bn and N15.28bn, respectively. GTCO trailed in third position with N6.859bn.

Between 2019 and 2020, a total of N226.6bn was disbursed as loans. In 2019, eleven banks borrowed its key management personnel a total sum of N29.65bn. The figure also includes loans to companies related to the directors.

An analysis showed that GTCO lent N155m, Zenith Bank (N1.76bn), UBA borrowed its directors N297m, Wema Bank (N5.2bn), Stanbic IBTC (N95m), FCMB (N4.8bn), Unity Bank(N7.14bn), Sterling Bank (N10.12bn) to related parties.

In 2020, the figure increased by 564 per cent or N167.32bn to N196.97bn.

Checks showed that Access Bank lent the highest with a total of N174bn to its directors and companies related to them. This was followed by Unity Bank with N7.55bn. Third on the list was Sterling Bank with N6.01bn.

Other banks including Fidelity borrowed its directors N986.2m, GTBank (N67.9m), Zenith Bank (N1.797bn), UBA (N206m), Wema Bank (N2.82bn), Stanbic IBTC (N332m), FCMB (N3.2bn), Unity Bank (N7.55bn), Sterling Bank (N6.01bn).

Commenting on the trend, the Chief Research Officer at InvestData Consulting, Ambrose Omordion said “In my language, they say, it is the yam that you know that you use to make pounded yam. If an organisation feels that the insider or director can pay the loans given to them, then there is no issue. It is when they do not pay that is where there would be issues.

“Like what is happening now in the economy, banks are not giving loans to ordinary companies unless those with names because of economic headwinds. If they give loans to the public and they are unable to repay, Non-Performing Loans will rise. If the banks offer to insiders that would pay, it is better for them.”

 

The Punch

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Court Orders Arrest of Ex-Naval Chief, Usman Jibrin Over Alleged N1.5billion Money Laundering Charges

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Justice Inyang Ekwo of the Federal High Court, Abuja, has ordered the arrest of a former Chief of Naval Staff, Vice Admiral Usman Jibrin, and two other officers over N1.5 billion money laundering charge.

 

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) dragged the trio before the court over fraud N1.5bn allegations.

 

The court issued the arrest warrant after hearing a motion exparte marked FHC/ABJ/CR/158/2023 and filed by ICPC counsel, Osuobeni Ekoi Akponimisingha.

 

In the motion, the lawyer submitted that Usman Jibrin Oyibe, Adam Imam Yusuf, Brigadier General Ishaya Gangum Bauka (first to third defendants), were investigated for allegations of money laundering and making false statements regarding diversion of funds in their respective military and paramilitary institutions, into companies in which they allegedly had stake.

 

According to him, at the commencement of the investigation into the allegations, the defendants were released on administrative bail on self-recognition because of their status as serving and former public figures and has since then refused to show up for possible arraignment in court.

 

The Lawyer prayed the court for a bench warrant against the 1st, 2nd and 3rd Respondents (Vice Admiral Usman Jibrin Oyibe, Adam Imam Yusuf, and Brigadier General Ishaya Gamgum Bauka) in charge No. FHC/ABJ/CR/158/2023 which is pending before the court for the purpose of arresting and bringing them to court for their arraignment and trial.

 

Listed as first to sixth defendants in the 17-count charge are Usman Jibrin Oyibe, Adam Imam Yusuf, Brigadier General Ishaya Gangum Bauka, Lahab integrated & Multi Services Limited, Gate Coast Properties International Limited and Ummays Hummayd Energy Ltd

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