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Timipre Sylva Accept Defeat: “I couldn’t have won Bayelsa poll with PDP in charge” — Sylva

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Former Governor of Bayelsa State and candidate of the All Progressives Congress in the 2015 governorship election, Timipre Sylva, who blames his loss in the recently held poll on malpractices, spoke to select journalists in Yenagoa, the state capital. Society Reporters bring to your his excerpts….

The Bayelsa State governorship election has been won and lost. What is your assessment of the prolonged Bayelsa State 2015 governorship election which was concluded on January 9 this year?

The results of the Bayelsa State governorship election declared on Sunday, January 10, 2016, did not meet with our acceptance at all, as a party and as a person.

What are your misgivings?

Ab initio, I am sure you are familiar with the fact that I have always complained about the Independent National Electoral Commission in Bayelsa State. Even in a court of law, if an accused person is to stand trial before a judge and the accused person says that he cannot expect justice from a particular judge, usually something is done about it. In this case, we were contesting an election and I said from the beginning that I did not have confidence in the Resident Electoral Commissioner and in the Administrative Secretary (of INEC), and that I did not expect a free and fair election if these people were going to preside over the election.

What actions did you take to express your worries?

I complained about the issue over and over again. I even reduced it (complaint) to writing and we sent a petition. Usually, before an election of this nature, INEC officials are switched; sometimes they send them to another state and bring another electoral commissioner. But this time, they chose to keep this team that was already in place, set up by the Peoples Democratic Party as a rigging machine. This was the same team that returned almost 100 per cent of all voters in Bayelsa to the former President (Goodluck Jonathan) in Bayelsa State. And we felt that these people could not have given us a free and fair treatment. We said it over and over again.

What did the electoral body do in its response to your complaints and petition?

Unfortunately, our cries fell on deaf ears. On Sunday, they proved themselves true to type. We believed that the election could even have been declared inconclusive on Sunday because there were still a lot of votes outstanding — 53,000 votes — and they still declared the results against the law.

Are you saying the election was skewed against you?

If you look at the whole election, the election was skewed against the All Progressives Congress from the very beginning. Anywhere APC won, results were cancelled; anywhere PDP won, results were entered. The process of distributing materials was rigged. We had it on good authority that all the vehicles to move electoral materials were all provided by the PDP for INEC.

Was it an understanding the political parties had with the INEC?

Of course, INEC will say that they provided the money but some officers decided, probably, to pocket that money and went for those vehicles from the PDP. The understanding we had with INEC was very clear: take materials to the Registration Area Centres and then move materials from the RACs to the various units. Suddenly, that was changed by INEC here in Bayelsa and they started moving materials to communities and to units, in some cases, from Yenagoa. So, while our people gathered at the RAC to be part of the process of distributing the materials, they suddenly heard that their materials were already in their communities. By the time they got to their communities, a lot of our leaders in these communities could not even enter their communities anymore because the communities had been taken over by gunmen and thugs of the PDP.

Are you inferring that there was collusion between INEC and the PDP?

There was collusion between INEC and the PDP. Even the cancellations were clearly collusion. We feel that we have not had a free and a fair treatment. I believe that in any free and fair election in Bayelsa — I am sure all of you will bear me witness — APC will win. But, unfortunately, while we were trying to be fair, the opponent was bent on rigging the process. As we heard, they were bent on keeping Bayelsa. Then, there was no way one could win because they (the PDP) were just bent from the beginning on rigging the process.

Now that the results have been declared and your opponent returned as governor, what is your next move?

Yes, the results have been announced but as far as we are concerned, as a party, these results are completely unacceptable to us. However, we have called all APC members to keep calm; there is no need for anybody to take law into their hands. We will seek redress in a competent court of law. But I will like to just put this on record that as far as APC is concerned, what happened in Bayelsa was not a proper election. It was just the normal impunity of the PDP that played out. Of course, these institutions were already set up by the PDP. They were inherited by this government and it will take a while before we see a complete disappearance of this attitude in Nigeria. So far, we have told our supporters to stay calm and wait for instructions from us. I thought I should address you and let you know the position of our party.

What does the law say about cancelled votes; does it say that during supplementary poll, cancelled votes do not count or is it that this election is a unique one?

The law did not say that cancelled votes will not matter at any stage at all. The law is clear: if the votes that are cancelled are more than the difference between the winner and the next person, then elections should hold again in those areas where results were cancelled. That is the position of the law. But, unfortunately, the law was turned upside-down very clearly in this case and we feel that that is not right. I think at some point, the PDP and INEC were desperate to announce a winner; they just didn’t want to go through that process all over again. I think that’s what happened but, of course, that doesn’t make it right at all. And as far as we are concerned, we are going to discuss with our lawyers.

You raised issues against the REC and the administrative secretary. The Edo State Governor, Adams Oshiomhole, had raised a similar issue against the REC in Edo and the REC was changed. What response did you get from the INEC on your petition?

As far as the REC was concerned, I did not just write a petition; I did not just ask for the change of the REC. Even the REC, at some point, began to take issues with us (candidates), accusing a faceless candidate of offering him bribe. A REC like that, who is already quarrelling with the candidates in an election, was allowed to conduct the same election. I have never seen this; it has never happened anywhere, not even in Nigeria before. But, unfortunately, I didn’t get a reprieve as you know. In that case, you don’t expect me to now opt out of the election because they had refused to change the REC.

I was forced as a candidate. If I said I wasn’t going to subject myself to the election, what were the options? I don’t have any option. INEC is the body to conduct the election. I have cried out to INEC over and over again to change the REC but INEC refused to change the REC. What will I do? Of course, I went into the election, unfortunately hoping that the REC would have a change of heart. But, you can see from the event that they were just bent on making sure that the APC loses that election. If you look at the event from the very beginning on December 5, we won in a local government area, they cancelled a section of that local government and reordered (rescheduled the) election the next day, almost without informing us. We didn’t even know on December 5, 2015 that election was holding in those areas.

Meanwhile, there were other areas as well that were outstanding from that same election but those areas that they were interested in, they quickly held a rerun on Sunday and then said there was going to be a rerun for the rest of other areas on the 9th of January. Why didn’t they shift the rerun in those areas as well? Why didn’t they hold the rerun that were pending also on Sunday that they held those other elections?

What happened on January 9?

You can see INEC was playing a game from the beginning. The INEC in Bayelsa was set as part of the rigging machine of the PDP and I have said it over and over. If you look at what happened on Saturday (January 9), how can they ever justify a situation where materials to the farthest communities were sent last and materials to the nearest communities were sent first? They knew that the farthest communities were some of our strongholds. They sent materials to communities like Enewari a day before. Enewari is like 30 minutes from Yenagoa. But they didn’t send materials to a place like Forupa, to a place like Azuzuama and to a place like Ikubie. These are places that are six hours by speedboat. And they started the journey by boat in the morning of the election and when they got to Ikubie, they insisted that they were going to deliver these materials from one community to community. At six o’clock in the evening, my people were calling me that they were still distributing materials in those communities. What the PDP wanted to do, we knew about it. Their strategy was to frustrate the election in Southern Ijaw because they felt that they already had a lead; they felt if the election held in a few places, it will be enough for them (INEC) to declare them (winner).

They colluded with the INEC to frustrate the election in Southern Ijaw. The election really didn’t hold in Southern Ijaw. In most places where the election held, as long as it was the APC that won, it was cancelled. Not at the unit level; no result was cancelled at the unit level. The cancellation was done mostly at the local government area collation level, which is a misnomer. And when we said that results should be cancelled at the state level, the panel said they didn’t have any powers to cancel election results at that level. That same panel that claimed that they did not have powers to cancel results invoked the power to cancel Southern Ijaw results on the 5th of December, even before the results arrived and while collation was ongoing. But suddenly, they didn’t have that power anymore, as long as it was the APC that was making the case.

But INEC sent two additional RECs. Didn’t it?

Clearly, there was collusion between the local INEC and the PDP. Some people will say it was okay that they sent more RECs — two other RECs from Cross River and Delta States. But then, you ask the question: when did those RECs arrive? By the time those RECs arrived, the damage had already been done. All the Supervising Presiding Officers had been appointed and the SPOs were mostly their people. When I made a case that the SPOs were mostly their people, the REC told me that the instruction was for him to use experienced SPOs. That means these SPOs should be SPOs that have conducted an election before. And what were those elections before: The presidential election and the House of Assembly elections, and you know the outcome of those elections. The same set of SPOs was used; the same set that rigged the other elections for them.

The same set of collation officers was appointed. When we protested, they said they had to appoint only the same people. How were we expected to win an election where the PDP rigging machine was still very (much) intact and its people were just drafted? It was very clear. I likened it to a rat being in a cat’s court. Of course, the result can be guessed by anybody because the rat can never be right in a cat’s court. That was the kind of situation that we found ourselves.

One of the issues that marred the election was violence. The APC was accused of perpetrating violence during the poll. Do you agree?

We agree that there was violence during the election but that violence can be traced, in all cases, to the doorstep of only the PDP. Our people were actually the victims of the violence — before, during and after the election. I said ‘after’ because even as I speak, some unknown people went to the country home of my state agent and destroyed it. Today, as I speak, some PDP thugs went and dealt machete cuts on an APC member in a place in Nembe. All these are still ongoing. As far as we are concerned, this senseless violence must stop. The violence in Ekeremor, you are all familiar with. This election was procured by the PDP, I am sure, wholesale. I am sure it was a turnkey project; they were supposed to return everything wholesale for certain things to be paid; I do not know how much. If you look at the election in Yenagoa, one of the collation officers was the younger sister of the Director of Publicity of Dickson Campaign Organisation, Mr. Jonathan Obuebite. How can anybody win in her unit or ward. Of course, they had the materials and everything in a corner and wrote (the) results and came back. Of course, INEC was on hand to receive the results. That is what happened all through that election.

In Southern Ijaw, it was learnt that election did not hold in Ward 17 and over 39,000 votes were cancelled. What actually happened?

Those results were not meant to be entered at all. It was deliberate. Materials for the whole of those areas were sent deliberately late on the day of that election. And that is our stronghold. The materials arrived there very late. It was a collusion between INEC and the PDP.

 

 

 

@ Sunday Punch

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One Year Anniversary: How Herbert Wigwe’s sibling disrespects memories of late philanthropist.

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One year after the painful death of Dr Herbert Wigwe, the Former Group Chief Executive Officer (CEO) of Access Holding Plc, the Late banker’s family has been enmeshed in an acrimonious battle over his will and assets.

 

Newsmen report that some members of the late banker’s family have masked their self-seeking agenda by working through proxies.

 

Emeka Wigwe, one of the banker’s brothers, seems unbothered by the propriety or otherwise of his action.

 

According to reports, Emeka could not disguise his greed and hatred for the late banker’s children.

 

He has been acting incredulously since the demise of his later brother, who had written out his will and listed the beneficiaries of his assets.

 

Reports say Emeka had been detained by his father, Pastor Shyngle Wigwe, for his noxious behaviour. He also attacked men of the Department State Services (DSS), when the late banker’s children, cousin, in-laws and friends were exiting his grave side after a quiet moment and prayer earlier on Saturday ahead of the remembrance of his death on Sunday Feb. 9.

Fortunately, the visitors, which included children and teenagers, had finished their prayers and were exiting the burial ground when Emeka Wigwe barricaded the exit point, with the intention of preventing their vehicles from leaving.

 

It took the DSS personnel, who went with the visitors for security purposes, to persuade him to allow the vehicles to depart, but Emeka Wigwe decided to assault them as recorded in the viral video.

 

The professionalism of the men of the DSS came into play and restrained them throughout the period of Emeka Wigwe’s molestation of the security personnel.

https://www.facebook.com/share/v/19opNX9G8U/?mibextid=wwXIfr

According to a report, he had put up a similar behaviour about three months ago at the matriculation ceremony of the Wigwe University, where he did not only assault his nice – late Herbert Wigwe’s daughter, but also disrespected the leadership of the Port Harcourt City One Love Club.

 

The Club, which he belonged to until his expulsion because of his unruly behaviour, thuggery and disruptive conduct.

 

The matter was duly reported to the law enforcement agencies, but the individuals concerned decided not to press charges because of entreaties by several well-meaning individuals.

 

Accordingly, late Dr. Herbert Wigwe’s memorial service and related activities will be held on Sunday, February 9, and water-tight arrangements have been made to ensure security of lives and property.

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Plenty motion and serious movement at the CBN – Toni Kan

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The Igbo people have a proverb; the way the morning dawns tell us how the rest of the day will go and if we look at how Yemi Cardoso’s 2025 dawned, we can safely surmise that 2025 is going to be a busy, productive, impactful year at the apex bank.

It is also an important one, leading up as it does to the conclusion of the banking capitalization exercise announced on March 28, 2024 and due to conclude on March 31, 2026. In the last week of January, Zenith Bank announced that it had raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.

With other banks concluding their capitalization plans, 2025 is already shaping up as an exciting year for the financial health of Nigerian banks with interesting outcomes expected.

As 2025 dawned, the Central Bank of Nigeria (CBN) signaled that it will no longer be business as usual. For years, Nigerian business entities and their regulators across sectors have enjoyed, what can almost be described, as a cosy and incestuous relationship. For the banking and finance industry that hand-in-glove dalliance seem to have assumed frightening dimensions in the recent past.

With Cardoso, there has been a clear line drawn in the sand. The apex bank will carry out its function as banker to the banks without caring who is impacted.

That message resonated early this year when nine deposit money banks were fined by the CBN for failing to meet cash availability thresholds during the Christmas period.

The CBN had via a circular dated November 29, 2024: “Cash Availability Over the Counter in Deposit Money Banks (DMBs) and Automated Teller Machines (ATMs)”  directed DMBs to ensure efficient cash disbursement to customers Over the Counter (OTC) with the CBN insisting that it will enforce the directive and ensure compliance.

A statement from the apex bank read: “In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined N150 million for non-compliance, in line with the CBN’s cash distribution guidelines, following spot checks on their branches.”

The sanctioned banks are Fidelity Bank Plc, First Bank Plc, Providus Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, and Sterling Bank Plc. Totaling N1.35 billion, the fines will be debited from the DMBs’ accounts with the apex bank.

To underline its commitment to transparency and accountability, the CBN reiterated its vision of remaining “a trusted and respected Central Bank promoting confidence in the Nigerian economy, contributing to a stable, inclusive, and competitive nation.”

According to the CBN governor, “As we shift from unorthodox to orthodox monetary policy, the CBN remains committed to restoring confidence, strengthening policy credibility, and staying focused on its core mandate of price stability.”

To achieve these aims especially with regard to the FX market, the CBN has taken some bold and innovative decisions.

Mid-January, the apex bank “launched the Nigeria Foreign Exchange Code #FXCode – marking a decisive step forward for integrity, fairness, transparency and efficiency in our FX market. The FX Code is built on six core principles: ethics, governance, execution, information sharing, and risk.

The CBN has also cleared the verified FX commitments, which amounted to $7 billion, “discontinuing the Central Bank’s quasi-fiscal interventions and unifying the multiple exchange rate windows.”

The immediate effect has been a Nigerian currency that has maintained stability since the festive period with an over N40 appreciation over the green back. This has led the Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Mukhail Adetokunbo Abiru, to commend the CBN for its “efforts in ensuring stability in the foreign exchange market, enhancing liquidity and reducing market distortions.”

The CBN’s focus on diaspora remittances received further boost with the launch of the diaspora account. The launch is significant as it signposts Cardoso’s penchant for following through with promises made. He had hinted at the coming of the diaspora account in a series of disclosures and announcements on the sidelines of the IMF/World Bank meetings in October.

The launch was conveyed via a January 10, 2025 circular. Introduction of Non-resident Nigerian Ordinary Account and Non-resident Nigerian Investment Account. The accounts aim to not just encourage and increase diaspora remittances they are also designed to help Nigerians in the diaspora take advantage of investment opportunities in-country. Analysts believe that this will be a game changer which will impact not just remittances but the foreign reserves as well as the overall economy.

The Non-resident Nigerian Ordinary Account (NRNOA) will allow Non-Resident Nigerians (NRNs) to remit their foreign earnings to Nigeria and manage their finances in both foreign and local currencies while the Non-resident Nigerian Investment Account will facilitate investments in Nigerian assets using either foreign currency or naira.

The announcement is getting positive feedback and to ensure adequate awareness and facilitate uptake in the target audience, the CBN hierarchy has held consultations with Abike Dabiri Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM) who has applauded the move as a “a strategic initiative to enhance diaspora engagement and bolster Nigeria’s economic growth.”

Before the announcement of the new diaspora targeted accounts the CBN had laid the groundwork for seamless implementation by working with the Nigerian Inter-Bank Settlement System (NIBSS) to launch a non-resident Bank Verification Number (BVN) platform to enable Nigerians in diaspora operate their local bank accounts.

 

In mid-2024, the CBN reported an all-time high diaspora remittance inflow of $553m and the CBN had on the back of that set a $1bn monthly diaspora remittance target. How is that target being met? Speaking at the Monetary Policy Forum with the theme, “Managing the Disinflation Process” in Abuja, Cardoso noted that “remittances through IMTOs rose 79.4% to US$4.18 billion in the first three quarters of 2024, demonstrating the positive impact of FX reforms. Additionally, the CBN lifted the 2015 restriction barring 41 items from accessing FX at the official market to enhance trade and investment.”

As February dawns and economic activities resume fully what is the outlook? With inflation at 34.80% and the MPR at 27.55, the IMF, according to thecable.ng, has projected that Nigeria will record GDP growth of 3.2 percent in its economic growth forecast for 2025. But the CBN is more optimistic with a projection of 4.17 percent according to a presentation by the bank at the ‘National Economic Outlook: Implications for Businesses in 2025.”

The apex bank’s optimistic forecast is anchored on a cocktail: ongoing fiscal and monetary reforms, sustained implementation of government reforms, steady crude oil prices, and improvements in domestic oil production as well as hopes of a stable exchange rate.

Cardoso and his team are singing clearly from the same hymn book. In his speech on Thursday, January 30, 2025 when he hosted the Monetary Policy Forum 2025, the CBN governor was upbeat as he spoke to the theme: “Managing the Disinflation Process”

The CBN governor emphasised that the goal of the CBN is to ensure that monetary policy remains forward-looking, adaptive, and resilient. “Our focus must remain on price stability, the planned transition to an inflation-targeting framework, and strategies to restore purchasing power and ease economic hardship. The CBN is continuing its disciplined approach to monetary policy, aimed at curbing inflation and stabilizing the economy. These actions have yielded measurable progress: relative stability in the FX market, narrowing exchange rate disparities, and a rise in external reserves to over $40 billion as of December 2024.”

Collaboration, Cardoso noted, remains key to success. “In addressing our economic challenges, collaboration is key: “Managing disinflation amidst persistent shocks requires not only robust policies but also coordination between fiscal and monetary authorities to anchor expectations and maintain investor confidence.”

The subtext from that interaction as well as the ongoing innovations and initiatives is simple; achieving success is a marathon and not a sprint and reaching the finish line requires resilience.

 

***Toni Kan is a PR expert and financial analyst.

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NAFDAC boss seeks death penalty for fake drug dealers

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The National Agency for Food and Drug Administration and Control has proposed the death penalty for drug peddlers.

The Director-General of the agency, Mojisola Adeyeye, made this call on Friday while speaking during Channels Television’s The Morning Brief.

She argued that only strict penalties would deter drug peddlers, especially when their actions result in the deaths of children.

“Somebody bought children’s medicine for about N13,000, while another person was selling it for around N3,000 in the same mall.

“That raised an alarm. Guess what? When we tested the medicine in our Kaduna lab, there was nothing inside. So, I want the death penalty.

“You don’t need to put a gun to a child’s head to kill them. Just give them bad medicine,” Adeyeye said.

The NAFDAC boss also called for the cooperation of the judiciary and the National Assembly to make the proposal a reality.

According to her, the agency is open to working with lawmakers and other stakeholders on the matter.

She said, “You cannot fight substandard and falsified medicines in isolation. The agency can only do so much, but if there is no deterrent, there will be a problem.

“Someone brought in 225mg of Tramadol, which can kill a person or fry their brain, and the punishment is just five years in prison or a fine of N250,000. Who doesn’t know that a person can simply withdraw N250,000 from an ATM?

“That is part of our problem — there are no strict measures to stop offenders from repeating the same crime. We can only do so much, but if our laws are not strong enough or the judiciary is not firm in its stance, we will continue to face this challenge.

“So, our judicial system must be strong enough. We are working with the National Assembly to make our penalties much stiffer. But if you kill a child with bad medicine, you deserve to die.”

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