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TONY ELUMELU HONOURED WITH LIFETIME ACHIEVEMENT AWARD IN ABIDJAN

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At the 5th edition of the annual forum, CGECI Academy 2016, the Ivorian National Council of Employers, General Confederation of Enterprises of Côte d’Ivoire (CGECI) presented African businessman and investor, Tony Elumelu, with its 2016 CGECI Lifetime Achievement Award on April 21, 2016 in Abidjan, Côte d’Ivoire. The formal presentation was to honour Mr. Elumelu on his leadership and key role as an African business champion. The event was attended by over three thousand delegates across Africa including top government officials, business leaders, established and aspiring entrepreneurs.

Addressing guests present at the event, Chairman of African investments company, Heirs Holdings, UBA Plc and Transcorp Plc, Mr. Tony Elumelu delivered a keynote speech where he advocated for the collaboration of the private and public sectors to create value in the global competitive business landscape. He said, “SMEs are the backbone of any economy anywhere in the world. And when governments ignore the private sector and fail to attend to their obligations to create and sustain enabling environments for businesses to thrive and flourish, the consequences are stark – low GDP growth, mass unemployment, ethnic strife and possibly, even food and health crises and in some cases, violent conflict”.

Mr. Elumelu also addressed entrepreneurs, urging them to seek opportunities to accelerate their business success — including through The Tony Elumelu Foundation Entrepreneurship Programme (TEEP). “We are champions of African development because we are Africapitalists. Through Africapitalism, I seek to evangelize what works for successful business investments and inspire other entrepreneurs like yourselves; to also make the promotion of national and regional development a strategic priority for your businesses”, he said.

TEEP is his 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create one million jobs and add $10 billion in revenues to Africa’s economy. So far, seventeen (17) entrepreneurs from Côte d’Ivoire have received grants and training from the programme.

Since its initiation in 2012 by the Ivorian National council of Employers, the annual economic forum, CGECI Academy, has provided a platform to raise awareness among African entrepreneurs about existing sources of capital and investors available to help grow and develop their businesses. The forum seeks to change the paradigm of access to finance in Côte d’Ivoire, creating a platform for sharing experiences and expertise. Furthermore, it aims to present the Ivorian private sector to regional and international partners and highlight the achievements and the opportunities within it. Other activities during the event include the announcement of the yearly business plan competition and a segment dedicated to sharing the experiences and testimonials of entrepreneurs.

The ceremony was attended by the Prime Minister of Côte d’Ivoire, Daniel Kablan Duncan, and the Prime Minister of Mauritius, Sir Anerood Jugnauth, among other business leaders and senior government officials.

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Paris-bound bizman arrested with 111 cocaine wraps

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The National Drug Law Enforcement Agency has arrested a 48-year-old businessman, Emmanuel Orjinze, at the Nnamdi Azikiwe International Airport, Abuja, for ingesting 111 wraps of cocaine.

The suspect, who claimed to be a professional footballer in Europe, was arrested on May 21 during the outward clearance of an Air France flight to Paris, France.

This was made known in a statement signed by the agency’s Director of Media and Advocacy, Femi Babafemi, and shared on the agency’s website on Sunday.

The statement read, “Operatives of the National Drug Law Enforcement Agency have arrested a 48-year-old Paris, France-bound businessman, Emmanuel Okechuku Orjinze, for ingesting 111 wraps of cocaine, which he excreted after days of observation in the agency’s custody following his arrest at the Nnamdi Azikiwe International Airport, Abuja.

“Okechukwu, who also claims he is a professional footballer in Europe, was arrested on Tuesday, May 21, during the outward clearance of Air France flight AF 878 from Abuja to Paris, France.

“After a body scan confirmed he ingested illicit drugs, he was taken into custody where he excreted a total of 111 pellets of cocaine that weighed 1.603 kilograms over three days. The suspect claimed he did business in the maritime sector while still scouting for any European football club to engage him. ”

In the same vein, the NDLEA officers operating at the Murtala Muhammed International Airport, Ikeja, Lagos hinted that they had dismantled another drug trafficking syndicate at the airport.

This, they said in a statement, followed the arrest of four members of the network and the seizure of a total of 8kg of methamphetamine and 7.60kg of Loud, a synthetic strain of cannabis imported from South Africa.

The statement added that a drug trafficking syndicate was busted at the airport when an official was caught with illicit substances in their backpack and bag.

On May 21, 2024, the NDLEA officers, supported by aviation security, intercepted the official at Terminal 1 and discovered the drugs during a search, blowing the lid off the syndicate.

“A swift follow-up operation at the Ajao Estate area of Lagos led to the arrest of two other members of the syndicate: Chris Nwadozie and Chinedu Nwaosu. Further investigation led to the arrest of another member of the cartel working within the airport system on Saturday, May 25,” the statement added.

In a related development, the agency also arrested a freight agent, Sonubi Abiodun, for attempting to export eight parcels of cocaine concealed in paint buckets to the United Kingdom.

Additionally, the NDLEA operatives arrested suspects producing and distributing skuchies, a mixture of black currant and illicit drugs, in Lagos, and recovered 2,480 litres of the psychoactive substance.

In Cross River State, a suspect, Ogar Emmanuel, was arrested with 2.5kg of cannabis, while 290kg of cannabis was recovered from the warehouse of Usani Ikpi, who is still at large. Additionally, three suspects – Sa’adu Sule, Mukhtar Nura, and Hamza Nura – were arrested in Katsina State with 70kg of cannabis, which originated from Ogun State.

The statement added, “No fewer than five suspects including Ezekiel Munda, 30; and Sule Mustapha, 21, were arrested by the NDLEA operatives on Thursday, May 23, during raids at the Karu Abattoir, Jikwoyi and Tora Bora hill area of the FCT, Abuja, where 95.01kg of cannabis and different quantities of opioids were recovered from them.

“In Edo State, operatives arrested a physically challenged notorious drug dealer, Zekere Sufianu, 45, at Auchi town on Wednesday, May 22. At the time of his arrest, he was found with 751 grams of Loud, 178 grams of tramadol, and pills of swinol,” the statement concluded.

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FG suit against 36 govs over LG funds begins

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The Federal Government has approached the Supreme Court with a suit seeking to compel governors of the 36 states of the federation to grant full autonomy to the local governments in their domains.

The suit, marked SC/CV/343/2024, was filed by the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), on behalf of the Federal Government.

The Federal Government is urging the apex court to issue “an order prohibiting state governors from unilateral, arbitrary and unlawful dissolution of democratically elected local government leaders for local governments.”

In the suit predicted on 27 grounds, the Federal Government accused the state governors of gross misconduct and abuse of power.

The FG, in the originating summons, prayed the Supreme Court to make an order expressly stating that funds standing to the credit of local governments from the Federation Account should be paid directly to the local governments rather than through the state governments.

The justice minister also prayed for “an order of injunction restraining the governors, their agents and privies from receiving, spending or tampering with funds released from the Federation Account for the benefits of local governments when no democratically elected local government system is put in place in the states.”

The Federal Government further sought “an order stopping governors from constituting caretaker committees to run the affairs of local governments as against the Constitutionally recognised and guaranteed democratically system.”

The originating summons was backed by a 13-paragraph affidavit deposed to by one Kelechi Ohaeri of the Federal Ministry of Justice.

Ohaeri, in the affidavit, averred that the AGF instituted the suit against the governors under the original jurisdiction of the Supreme Court on behalf of the Federal Government.

He said,“The Constitution of Nigeria recognises federal, states and local governments as three tiers of government and the three recognised tiers of government draw funds for their operation and functioning from the Federation Account created by the Constitution.

“By the provisions of the Constitution, there must be a democratically elected local government system and the Constitution has not made provisions for any other systems of governance at the local government level other than a democratically elected local government system.

“In the face of the clear provisions of the Constitution, the governors have failed and refused to put in place a democratically elected local government system even where no state of emergency has been declared to warrant the suspension of democratic institutions in the state.

“The failure of the governors to put democratically elected local government system in place is a deliberate subversion of the 1999 Constitution which they and the President have sworn to uphold.

“All efforts to make the governors comply with the dictates of the 1999 Constitution in terms of putting in place a democratically elected local government system has not yielded any result and to continue to disburse funds from the Federation Account to governors for non-existing democratically elected local government is to undermine the sanctity of the 1999 Constitution.

“In the face of the violations of the 1999 Constitution, the Federal Government is not obligated under Section 162 of the Constitution to pay any state, funds standing to the credit of local governments where no democratically elected local government is in place.”

The AGF, therefore, urged the apex court to invoke sections 1, 4, 5, 7 and 14 of the Constitution to declare that the state governors and state Houses of Assembly are under obligation to ensure a democratic system at the third tier of government in Nigeria and to also invoke the same sections to hold that the governors cannot lawfully dissolve democratically elected local government councils.

Furthermore, he urged to invoke sections 1, 4, 5, 7 and 14 of the Constitution to declare that “the dissolution of democratically elected local government councils by the governors or anyone using the state powers derivable from laws enacted by the state Houses of Assembly or any Executive Order is unlawful, unconstitutional, null and void.”

The apex court has fixed Thursday, May 30 for hearing.

Meanwhile, the Nigerian Union of Local Government Employees hailed the move by the Federal Government, saying it would join the lawsuit as a concerned party.

 

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JUST IN: Tribunal affirms Diri as Bayelsa governor

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The Bayelsa State Governorship Election Petition Tribunal sitting in Abuja, on Monday, upheld the election that produced Governor Douye Diri of Bayelsa State.

A three-man panel led by Justice Adekunle Adeleye dismissed the petition filed by the candidate of the All Progressives Congress, Timipre Sylva, and the party for lacking in merit.

In a unanimous decision, the tribunal held that the petitioners failed to prove any credible evidence to back up any of the allegations they raised against the re-election victory of Diri.

Details shortly…

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