Ex-spokesperson for the Atiku/Okowa Presidential Campaign Organisation, Daniel Bwala, has alleged an ongoing plot by the presidential candidate of the Labour Party (LP) in the 2023 Presidential Election, Peter Obi, to dump LP and join immediate past Kaduna Governor, Nasir El-Rufai, in the Social Democratic Party (SDP).

In a post on his X handle on Friday, Bwala alleged that Obi was perfecting plans to take leave of the LP as a result of the seemingly intractable conflict between the party leadership and the leadership of the Nigeria Labour Congress (NLC).

Recall that Obi, a former Governor of Anambra State, dumped the Peoples Democratic Party to join the LP in May 2023 ahead of the 2023 general elections.

Bwala, in a post on his X handle. wrote, “Peter Obi @PeterObi allegedly planning to unite with El-rufai @elrufai in Social Democratic Party as Nigerian Labour Congress set to take ownership and custody of their political party, the @NgLabour.

BREAKING-PETER OBI @PETEROBI ALLEGEDLY PLANNING TO UNITE WITH EL-RUFAI @ELRUFAI IN SOCIAL DEMOCRATIC PARTY AS NIGERIAN LABOUR CONGRESS SET TO TAKE OWNERSHIP AND CUSTODY OF THEIR POLITICAL PARTY, THE @NGLABOUR. RECALL THAT THERE WAS A JUDGMENT OF COURT THAT STATES THAT NIGERIA…

— D. H BWALA (@BWALADANIEL) MARCH 22, 2024

“Recall that there was a judgment of court that states that Nigeria Labour Congress owns Labour Party. NLC is now prepared to take custody of that party.

“Twist and turns in the coming days. But all that will not give sleepless night to @officialABAT who himself has his magic wands to wield.”

When contacted, Chief Spokesman for the Obi/ Datti Presidential Campaign, Dr. Yunusa Tanko dismissed Bwala’s assertion as “a figment of his immagination.”

He said, “Ordinarily, we wouldn’t respond to this fiction. he (Bwala) is a politician who wants to remain relevant in the scheme of things. We’ve responded to the false narrative of our leader leaving the Labour Party in the past, this position has not changed.”

El-Rufai was sighted at the national secretariat of the Social Democratic Party, in Abuja, on Wednesday.

The Ex-Kaduna State Governor and APC chieftain was sighted in a viral video on social media during his consultation visit to the national chairman of the SDP, Alhaji Shehu Gabam.

Not much was heard from El-Rufai after the Senate refused to confirm his ministerial nomination in 2023.

After the screening of the 49 ministerial nominees sent by President Bola Tinubu, the Senate also declined to confirm the appointment of former Deputy Governor of Taraba State and another ministerial nominee from the state, Senator Abubakar Danladi.

Senate President Godswill Akpabio, explained the Senate did not clear the nominees because of adverse security reports against them.

The Joint Admissions and Matriculation Board (JAMB) has decided to extend the ongoing registration for Direct Entry by an additional two weeks to accommodate all prospective candidates in the process.

This is contained in a statement by JAMB’s Public Communication Advisor (PCA), Fabian Benjamin on Saturday.

The statement reads “The Joint Admissions and Matriculation Board (JAMB) would be extending the 2024 Direct Entry (DE) registration by two weeks to enable all candidates desirous of DE registration to do so.

“The Board commenced the 2024 Direct Entry on Wednesday, 28th February, 2024, and was to have concluded it on Thursday, 28th March, 2024, but on subsequent consideration, has now extended the exercise by two weeks from Wednesday, 28th March, 2024, consequently bringing the registration to a close on Thursday, 11th April, 2024.

“This extension became necessary following the challenges faced by candidates in going through some of the security screening measures put in place to arrest the rampant and embarrassing cases of fake A’level certificates being paraded by some DE candidates.

“The Board apologises for the inconveniences caused the prospective DE candidates and pledges that, going forward, the process would be made more user-friendly.

“However, in doing this, the Board will not compromise on its avowed determination to ensure that candidates, whose certificates were dubiously acquired are prevented from benefiting from such certificates.

“It is also to be noted that candidates, whose certificate-issuing institutions are among those on the list of institutions that have not verified their certificates despite repeated requests, would not be allowed to register without doing the needful.”

Former Cameroonian and Chelsea football star Geremi Njitap has initiated divorce proceedings to terminate his marriage after discovering that he had raised twins for 12 years that were not biologically his.

The 45-year-old has been married to Toukam Fotso Laure Verline for over a decade.

According to The Sun, the couple’s twins were born after the player’s wife Laure had a fling.

The UK Sun reports that court documents in Geremi’s native Cameroon show Toukam “destroyed the harmony” of their marriage “through her abject behaviour”.

They also mention her “repeated lies”, and add: “No children have been born from this union.”

Toukam had claimed the twins born in June 2008 — four years before the couple’s marriage were his, which motivated them to get married.

“But the discovery that the children were from her previous partner destroyed the couple’s harmony,” the documents add.

The former Indomitable Lion also alleges verbal mistreatment at the hands of his spouse, claiming that he has been subjected to insults and derogatory language in front of their children.

During his playing days, Geremi Njitap was known for his versatility, being able to play at right back, right midfield or defensive midfielder.

Njitap played for Real Madrid, Chelsea, Newcastle United, and Turkish club Gençlerbirliği among others before his retirement in January 2011.

Geremi earned 118 caps for Cameroon from 1996 to 2010, scoring 13 goals.

He was a member of their squad for seven Africa Cup of Nations tournaments, winning in 2000 and 2002, as well as the World Cup in 2002 and 2010 and a gold medal at the 2000 Olympics.

The Lagos State chapter of the Labour Party (LP) has called for the resignation of the National Chairman of the party, Julius Abure, in order to uphold the party's integrity.

Rasheed Bamishe, the LP chairman in Lagos State, made the call at the party’s secretariat in Lagos on Saturday.

He urged the National Working Committee, members of the party Board of Trustees and other relevant stakeholders to prevent Abure from holding his proposed National Convention on March 27, 2024.

According to him, Abure should prioritize the party interest while a Caretaker National Chairman should be appointed to organize State Congresses before convening the National Convention.

“We urge Barrister Abure to leave the Party now because the litany of corrupt cases against him has done collateral damage to the image of the Labour Party.

“The Labour Party which was formed by the founding fathers to be a beckon of hope for millions of Nigerians is gradually being destroyed by Barrister Abure and this should not be allowed to continue,” he said.

Bamishe further stated that Abure was free to create his political party and manage its business but declared that the Labour Party, as a democratic organisation, cannot function as a one-man show.

He said that allegations of dishonesty, forgery, and fabrication of signatures have brought public shame and embarrassment to the Labour Party.

“Even if all these allegations are not true, the reasonable option open to the embattled Labour Party National Chairman is to step aside to pave the way for thorough investigations into the cases of alleged fraud against him.

“In a civilized clime, Barrister Abure should have exited office since the flurry of fraud cases against him became public knowledge but because of the culture of impunity in Nigeria, he is still clinging to power.

“Barrister Abure should tell the world where the National Convention of Labour Party in which he emerged as National Chairman was held.

“Barrister Abure is plotting to install himself again as the National Chairman of Labour Party through another illegal Convention and this should not be allowed to happen,” he stressed.

He emphasized the need for all stakeholders to unite to seek legitimate options including litigation to make sure Abure is removed from office to restore credibility, dignity, and integrity to the party.

As Naira continues to strengthen against foreign currencies, especially the United States Dollar (USD) at both parallel and official markets, the foreign exchange on cargo clearance at the nation’s seaports and international airports across the country has been reduced again.

LEADERSHIP reports that the Central Bank of Nigeria (CBN), on Saturday, slashed the foreign exchange rate on cargo clearance from N1,572.507/$1 to N1448.386/$1.

The slash represents 7.8% reduction or a difference of N124.121 between the new and the old rates.

It was gathered that the exchange rate between the Naira and the Dollar At the official market strengthened to N1,431/$ on Friday, March 22, 2024, closing the week on a positive note.

Data from the FMDQOTC, where the exchange rate is officially set, revealed that the official currency gained 1.52% at the close of business, continuing a rally that has now lasted seven days.

The Naira has now gained over 12% in one week, suggesting that the apex bank’s policies, implemented aggressively since February, were beginning to yield fruits.

On the parallel market where the exchange rate trades unofficially, traders still quoted between N1400-N1480/$1 depending on who is buying or selling.

To this end, importers that opened Form ‘M’ on Wednesday will pay less to clear their cargoes as import duties are benchmarked against the dollar.

Also, importers will open Form ‘M’ at a lower rate compared to those who opened Form ‘M’ on Friday, March 23, 2024, according to the central bank’s new directive to Nigeria Customs Service (NCS) to use the rate on the date of submitting Form ‘M’ for calculating import duties.

Nigeria’s total public debt stock more than doubled to N97.3 trillion as at 2023 over the level in the previous year.

Latest data from the Dent Management Office (DMO) showed that the country’s total debt stock increased by 118 per cent year-on-year from N46.25 trillion as at December 2022 to N97.3 per cent in December 2023.

The DMO said the N97.3 trillion debt stock comprises of the domestic and external debt stocks of the Federal Government of Nigeria (FGN), 36 state governments and the Federal Capital Territory (FCT).

However, the public debt stock increased by N9.43 trillion in the last quarter of 2023 over the comparative figure for September 2023, which was largely due to new domestic borrowing by the FGN to part finance the deficit in the 2024 Appropriation Act and disbursements by multilateral and bilateral lenders,” DMO said on Friday.

Also, the massive depreciation of the Naira has resulted in a surge in the value of the country’s external debt which are dollar denominated.

Of the total debt, domestic debt constitutes a significant majority, standing at N59.12 trillion, accounting for 61 per cent of the total public debt stock.

Meanwhile, external debt amounted to 38.22 trillion Naira, representing the remaining 39 per cent.

Nigeria’s external debt structure reflects a strategic tilt towards loans from multilateral and bilateral lenders, which collectively

Despite the escalating debt figures, DMO says it maintains a commitment to implementing best practices in public debt management.

Moreover, concerted efforts by fiscal authorities to bolster revenue generation are anticipated to bolster debt sustainability moving forward. for 63.79 percent of the external debt stock. The dominance of these loans, primarily concessional and semi-concessional, underscores the nation’s prudent debt management strategy.

Despite the escalating debt figures, DMO says it maintains a commitment to implementing best practices in public debt management.

The sum of $3.5 billion was used to service external debt during the review period.

“Consistent with the debt management strategy, Nigeria’s external debt stock was skewed in favour of loans from multilateral (49.77 per cent) and bilateral lenders (14.02 per cent) or a total of 63.79 per cent which are mostly concessional and semi-concessional.

“Whilst the DMO continues to employ best practices in public debt management, the recent and ongoing efforts of the fiscal authorities to shore up revenue will support debt sustainability.”
Despite the escalating debt figures, DMO says it maintains a commitment to implementing best practices in public debt management.
Moreover, concerted efforts by fiscal authorities to bolster revenue generation are anticipated to bolster debt sustainability moving forward.

In line with last Tuesday’s resolution of the Edo State House of Assembly, the Chief judge of the State, Justice Daniel Okungbowa has set up a seven-man panel to probe the petition against the Deputy Governor of the State, Philip Shaibu.

DAILY POST reports that the House of Assembly had on March 6, 2024, served a notice of impeachment on
the deputy governor, Philip Shaibu over alleged misconduct and perjury with seven days ultimatum to respond to the petition.

The House, due to alleged evasion by the deputy governor to be served the impeachment notice, ordered for a substituted means of service through the State-owned Observer Newspaper and the Vanguard Newspapers, respectively.

The notice was published on March 12, 2024.

The House in its plenary last Tuesday, March 19, 2024 passed a resolution directing the Chief Judge to set up a seven-man panel to probe the allegations levelled against the deputy governor.

DAILY POST reports that the Chief Judge complied on Friday.

A statement signed by the Chief Registrar of the State High Court, B.O. Osawaru, obtained by DAILY POST, named retired Justice
S.A. Omonua (Rtd), the chairman of the panel.

Three Professors from the University of Benin, UNIBEN, and Benson Idahosa University, BIU, are also members of the panel.

The professors are Violet Aigbokhaevbo, Faculty of Law, UNIBEN, Boniface Onomion Edegbai, Department of Plant Biology and Biotechnology, UNIBEN and Theresa Akpoghome, former Dean, Faculty of Law, BIU.

Other members are Surveyor Andrew Oliha, Oghogho Ayodele Oviasu and Idris Abdulkareen.

Part of the letter reads:

This is to bring to the notice of the general public that in line with Section 188(5) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), the Honourable Chief Judge of Edo State, Honourable Justice D.I. Okungbowa has constituted the PANEL OF SEVEN PERSONS to investigate the allegations contained in the impeachment notice against the Deputy Governor of Edo State, Rt. Honourable Philip Shaibu.

The said Panel of Seven Persons comprises the following
persons:

1. Hon. Justice S.A. Omonua (Rtd.) – chairman
2. Professor Violet Aigbokhaevbo
3. Professor Boniface Onomion Edegbai
4. Professor Theresa Akpoghome
5. Mr. Oghogho Ayodele Oviasu
6. Surv. Dr. Andrew Oliha
7. Mr. Idris Abdulkareen

Signed
B.0.Osawaru Esq.,
Chief Registrar.

Barcelona president, Joan Laporta, has insisted the club does not need “big signings” this summer.

Laporta was responding to questions during an interview with MD, where he was asked about Erling Haaland rumours.

He said: “We don’t need any big signing. There will be movements but I don’t anticipate big ones, just team players.

“Our priority is to trust the team we have right now, we don’t want to sign players who could distort our harmony.”

On Frenkie De Jong’s future, Laporta added: “Frenkie de Jong is super happy here. The last thing he wants is leaving Barcelona.

“He always told me that he loves to be at Barça and we’re delighted with Frenkie too.

“I’m not worried with his future, at all.”

The Federal High Court in Abuja, presided over by Justice Inyang Ekwo, has refused to grant an interim injunction restraining the Central Bank of Nigeria (CBN) from disbursing the N3.8 trillion naira deposited into the CBN NIPOST Stamp Duty Collection Account by Deposit Money Banks (DMBs) or commercial banks.

Kasmal International Services, represented by its legal team led by Dr. Alex Izinyon SAN, had approached the court claiming a percentage in the N3.8 trillion domiciled in the Stamp Duty Collection Account. The applicant joined the CBN and the Attorney-General of the Federation as respondents in the suit marked FHC/ABJ/CS/335/2024.

According to the applicant’s lawyer, Kasmal International Services was appointed by the Nigerian Postal Service (NIPOST) to represent them in the collection of a 50 naira stamp duty on all receipts given by banks or financial institutions for services rendered in respect of electronic transfers and teller deposits from N1,000 and above, in compliance with the Stamp Duties Act and the Nigeria Financial Regulations 2009. The agreement between NIPOST and the plaintiff included a remuneration of N7.50 from every 50-naira deduction.

The applicant argued that if the disbursement is done without considering its percentage, it will suffer irreparable losses. However, instead of granting the interim injunction, Justice Ekwo ordered the CBN to appear before the court and explain why the applicant’s request should not be granted.

At the resumed sitting on Friday, the court was informed that the CBN’s legal team had not yet shown cause as directed. Justice Ekwo then adjourned the matter to April 16 for hearing.

The stamp duty, an indirect tax imposed on several financial transactions, has been a subject of contention. In 2023, former CBN governor Godwin Emefiele revealed that the total revenue collected as stamp duty on behalf of the Federal Government between 2016 and 2022 was N370.686 billion.

The Defence Headquarters on Friday said it has declared 97 persons wanted for terrorism, violent extremism and secessionist threats against the state.

Prominent among the wanted persons is the factional leader of the proscribed Indigenous People of Biafra, IPOB, Simon Ekpa.

Major Gen Edwaed Buba, Director, Defence Media Operations, confirmed the names and pictures of the people declared wanted in Abuja on Friday night.

The wanted persons, terrorists/ bandits and insurgents commanders are from the North East, North West, North Central and South-East zones.

The military authorities did not place any bounty on the wanted persons.

A breakdown of the wanted persons shows that 43 were declared wanted in North West Zone plagued by banditry, and kidnapping among others.

Some bandits/terrorists leaders include: Alhaji Shingi; Malindi Yakubu; Boka ; Dogo Gide; Halilu Sububu; Ado Aliero ; Bello Turji; Dan Bokkolo; Labi Yadi ; Nagala; Saidu Idris; Kachalla Rugga and Sani Gurgu.

In the North East plagued by Boko Haram and Islamic State for West Africa Province terrorists, 33 persons were declared wanted.

Among them are terrorists commanders, Abu Zaida; Modu Sulum; Baba Data; Ahmad; Sani Teacher; Baa Sadiq; Abdul Saad; Kaka Abi; Mohammad Khalifa; Umar Tella; Abu Mutahid; Mallam Mohammad; Mallam Tahiru Baga; Uzaiya and Ali Ngule.

In the North Central and South East 21 Insurgents/militants and violent criminals were declared wanted.

They include factional IPOB leader Simon Ekpa; Chika Edoziem; Egede; Zuma, ThankGod Gentle; Flavour ; Mathew; David Ndubuisi ; High Chief Williams Agbor; Ebuka Nwaka; Friday Ojimka.

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Others in the South East include Obiemesi Chukwudi aka Dan Chuk ; David Ezekwem Chidiebube and Amobi Chinonso Okafor aka Temple .