Sani Abdullahi, a teacher at the Government Secondary School Kuriga, Chikun LGA of Kaduna, says 287 students are missing after bandits attacked the community on Thursday morning.

Abdullahi, who spoke when Uba Sani, governor of Kaduna, visited the community after the incident, said bandits invaded the primary and secondary schools at about 8am.

 

The teacher said a member of the Kaduna State Vigilante Service (KADVS) was killed by the bandits when he attempted to confront them.

 

“At GSS Kuriga, 187 students are presently missing. In the primary school, 125 pupils were initially missing, but, 25 of them escaped and returned home,” Abdullahi told the governor.

 

The teacher said he resumed work by 7:47 am and entered the acting principal’s office to sign the staff register when the bandits surrounded the school premises.

“All of a sudden, the acting principal asked me to look at my back and when I turned, we discovered that bandits had surrounded the school premises,” Abdullahi said.

“We became confused, we didn’t know where to go. Then, the bandits ordered us to enter the bush, so we obeyed them because they were many.

 

“So, when we entered the bush, I was lucky to escape alongside many other people. I returned to the village and reported what happened to the community.

“Immediately our vigilante and personnel of Kaduna Vigilante Service followed the bandits, but the vigilante did not succeed. The bandits killed one of the vigilantes, we just buried him a short while ago.

 

“It was when we came back that we briefed the village head and we started making efforts to find out the actual number of pupils and teachers taken by the bandits.”

 

Commenting on the attack, the governor of Kaduna said: “Since I received the sad news of this incident, I have not had rest of mind because every child in Kaduna state is my child. So, I don’t want you people to be disturbed.

 

“Let us pray to God to help and on our part as a government, we will not rest until these children return home.”

He promised to establish a police station and build a permanent camp for the military in the community.

The Kaduna governor said he had briefed Nuhu Ribadu, the national security adviser (NSA), about the attack.

He said efforts are being made to deploy security forces to rescue the children.

 

“We will do whatever we need to do to ensure the safe return of these children, even if it means coming to Kuriga to stay with you,” Sani said.

[TheCable]

In the light of new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency (REA), President Bola Tinubu has approved the indefinite suspension of the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, alongside three Executive Directors of the Agency, from office:

(1) Olaniyi Alaba Netufo — Executive Director, Corporate Services

(2) Barka Sajou — Executive Director, Technical Services

(3) Sa'adatu Balgore — Executive Director, Rural Electrification Fund (REF)

Furthermore, President Tinubu has ordered a wider investigation into the conduct of the aforementioned officials in a fraudulent misexpenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies.

By the directive of the President, the following qualified Nigerians are appointed to serve in the new management team of the Rural Electrification Agency (REA) in acting capacity with immediate effect:

(1) Abba Abubakar Aliyu — Managing Director/CEO

(2) Ayoade Gboyega — Executive Director, Corporate Services

(3) Umar Abdullahi Umar — Executive Director, Technical Services

(4) Doris Uboh — Executive Director, Rural Electrification Fund (REF)

(5) Olufemi Akinyelure — Head of Project Management Unit, Nigeria Electrification Project

President Bola Tinubu expects all appointees in his administration to uphold the highest standards of transparency and accountability in the discharge of their duties and reiterates his determination to elevate the yearnings of Nigerians for good governance and qualitative service delivery above the narrow interests of individuals who are entrusted to provide critical services to the Nigerian people.

 

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

 

March 7, 2024

President Bola Tinubu has directed relevant Ministries, Departments, and Agencies (MDA) of the Federal Government to ensure that the outcomes of research in science and technology are used to enrich policies that impact the real sector.

The President issued the directive when the President of the Nigerian Academy of Science and the fellows of the Academy paid a courtesy visit to the President at the State House in Abuja on Thursday.

President Tinubu emphasized that his administration is advancing an all-encompassing approach to leveraging the capacity of Nigerians to innovate and create solutions from all spheres of human initiative across the public and private sectors, including farming, manufacturing, information technology, and the academia.

"The pathway to unlocking the potential of our national contribution to the global economy of tomorrow lies in what we do today. I am fully committed to the comprehensive integration of research, and the outcomes of research with the process of policy formulation and implementation in all fields of national endeavour," President Tinubu told leaders of the Nigerian Academy of Science (NAS).

During his investiture as the Grand Patron of Science by the Academy, the President said the pace of change around the world, reflected in some national and global challenges, requires more reliance on research for solutions and actionable data, especially in health and education.

"The Minister of Education, the Coordinating Minister of Health and Social Welfare, and the Minister of Budget and Economic Planning are here. All the relevant ministries should sit up and ensure that science research guides process development in relevant areas of advantage. We must not fail to utilize research outcomes in the process of enriching our policies," the President said.

In her remarks, the President of the Nigerian Academy of Science, Professor Ekanem Braide, said a national research fund should be established as the country moves towards a knowledge-driven economy. 

"Mr. President, we thank you for your support for a national research fund and we believe that this will go a long way in resolving our challenges and indeed, we can make quicker progress if we take advantage of the inputs of all Nigerians from the business community, the academia, and the public sector," Professor Braide said.

Listing some of the interventions and achievements of the Academy in improving the lives of Nigerians, Professor Braide further advised that the nation's 265 universities, 84 polytechnics, and 205 colleges of education be upscaled in science research infrastructure and funding.

The President acknowledged the historic feat of Professor Ekanem Braide in emerging as the first female President of the Nigerian Academy of Science since its establishment in 1977.

 

Chief Ajuri Ngelale 

Special Adviser to the President 

(Media & Publicity)

March 7, 2024

The House of Representatives has commenced investigation into the N200 billion meant for the suspended 2023 Population and Housing Census.

On Thursday, the House mandated its committee on population to invite the director-general of the National Population Commission, NPC, to give an account of how the N200 billion was expended.

This followed the adoption of a motion titled, “Need to Investigate N200 Billion Spent on the Suspended 2023 Population and Housing Census”, moved by Hon Clement Akanni during the House plenary in Abuja.


Adopting the motion, the House noted that census is a process of systematically collecting, compiling, and analysing demographic, social and economic data of a population within a specific region.

The lawmakers also noted that governments conduct censuses to gather accurate and comprehensive information such as age, sex, marital status, education, occupation, housing, and other relevant demographic and socioeconomic characteristics of a country.

The House said it was aware that the last census that was conducted in 2006 by the National Population Commission gave a population figure of 140 million.

It said it was also aware that the immediate-past administration of former President, Muhammadu Buhari planned to conduct another census in 2022, but the programme was later postponed to 2023.

The House recalled that earlier in March 2023 the former Minister of State for Budget and National Planning, Clem Agba, said a total of N869 Billion would be required for the exercise, including Post-Census-Activities.

It also recalled that the National Population Commission, NPC, said it has spent about 200 Billion to prepare for the 2023 population and housing census.

The House was disturbed that the exercise was, however, suspended indefinitely by former President Muhammadu Buhari a few days before leaving office.

The House referred the matter to the committee on population to report back for further deliberation.

Tinubu

 

A chieftain of the ruling All Progressives Congress (APC), Dr Salihu Lukman has said that President Bola Tinubu was failing in the task of governing the country.

Lukman, who resigned his position recently as the National Vice Chairman (Northwest) of the APC, said the President has been toeing the same line of failure as the Peoples Democratic Party (PDP) that led to the “wasted years”.

Lukman noted that virtually every Nigerian leader, with probably, negligible exceptions, are self-centred.

According to him, they have limited engagements with President Tinubu to only what they can get from him in terms of appointments into his government.

The former Director General of the Progressives Governors’ Forum, (PGF) conveyed his message in an open letter on Wednesday.

Lukman, in his letter, entitled, ‘Burden of Leadership,’ said, “Already, with the way former President Buhari had managed the country for eight years, in the same political orientation PDP ran the country for sixteen years, President Tinubu is justifiably, continuing that path.

“Our leaders who led the merger negotiation to produce APC in 2013, owe it to Nigerians, to call President Tinubu to order and get him to recover whatever is left of his democratic and progressive credentials.

 

“APC leaders and President Tinubu must resist the temptation of toeing the path of self-destruction by continuing to operate as a closed government.

“Achieving that will require readiness on the part of all APC leaders to make all the sacrifices to regain their respect back, based on which they emerged as leaders and not bosses.

“Although, being a self-acclaimed Awoist and progressive, not coming from a military background like former President Buhari, the expectation of many is that he will at least, be more democratic.

“This should connote more consultations, based on which perhaps, the structures of the APC as a political party would be made more functional.”

He however observed that Tinubu passed the first test with the zoning of the leadership positions of the 10th National Assembly and by extension, the present government.

“Confronted with a hostile party leadership under Senator Abdullahi Adamu who was decidedly anti-zoning, to be fair to President Asiwaju Tinubu, he was able to handle the situation to the best of his ability, based on which he produced a balanced leadership for the 10th National Assembly.

“Unfortunately, most of our APC leaders from the North, for whatever reasons, were speculated to have worked at variance with the initiatives of President Tinubu to produce a balanced leadership.

“That could have been partly, responsible for the complete lack of attempt to forge a united front with President Tinubu and party leaders from the North, to ensure that the successor to Senator Adamu as APC National Chairman is produced through consultations.”

Dr Lukman berated political office holders in the Tinubu administration, accusing them of accumulating financial resources for the 2027 general election.

He said, “Our leaders occupying political offices are busy accumulating financial resources, legitimately or otherwise for future elections.

“We must caution our leaders, as things are, they are on the verge of self-destruction. It is very clear that President Tinubu’s respect for political leaders in the country is weak, largely because of the failure to act as leaders.

“Virtually, all APC leaders are behaving more like bosses. Accordingly, this is now a source of threat with the potential danger of leaders completely losing relevance and unable to command the respect of citizens.”

Lukman said the least will be for APC and President Tinubu to lose elections in 2027, pointing to threats of rebellion against the leadership in the country.

“Given all these, any conclusion about APC shortchanging Nigerians can hardly be dismissed.

“Making APC a functional party is about ensuring that all organs of the party are allowed to operate as provided in the party’s constitution. Anything short of that will only contribute to destroying democracy in Nigeria,” he added.

The Central Bank of Nigeria (CBN) has further moved to curb inflation and stabilise the exchange rate, thereby fostering a more balanced economic environment, through the completion of another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion at a striking 21.490 per cent.

The auction, which took place on March 6, 2024, saw the bills being offered across three different tenors.

According to the Summary of Auction Result, the highest interest, or stop rate, was recorded for the 364-day tenor at a striking 21.490 per cent.

This maturity date is slated for March 6, 2025, and it had an offer of over N312 billion, with subscriptions skyrocketing to nearly N1.54 trillion.

The CBN has successfully allotted the same amount as the initial offer, showing a robust appetite from investors, which has continued to soar in recent times.

In comparison, the shorter tenor T-Bills drew a more modest interest rate, with the 91-day bills closing at a stop rate of 17.240% and the 182-day bills at 18.000%.

The 91-day bills, maturing on June 6, 2024, saw an offer of N14.4 billion and received an oversubscribed interest of over N66 billion.

All the offered amount was allotted to bidders. Similarly, the 182-day bills had an offer of N10.5 billion and were subscribed to over N51 billion. The maturity date for these bills is set for September 5, 2024.

The range of bids for the different tenors varied, with the 91-day bills having a bid range of 15.9000% – 22.0000%, the 182-day bills slightly narrower at 14.0000% – 22.0000%, and the 364-day bills having bids placed between 17.0000% and 27.0000%.

These results highlight the CBN’s continuous efforts to regulate liquidity and control inflation by issuing treasury bills. The high stop rate of 21.490% on the 364-day tenor indicates an aggressive stance by the CBN in curbing excess liquidity, which could be seen as a move to attract more investors to government securities.

The decision to significantly raise the volume of treasury bills auctioned, especially for the 364-day tenure, underscores the CBN’s commitment to addressing the liquidity surplus in the economy.

 

A forensic analyst has told a federal capital territory (FCT) high court in Maitama that the documents used to request the payment of $6.2 million for foreign election observers were forged.


Bamaiyi Meriga, the forensic analyst, said this on Thursday while giving evidence as a witness in the trial of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN).

Emefiele is standing trial on a 20-count amended criminal charge preferred against him by the Economic and Financial Crimes Commission (EFCC).


The amended charges border on alleged breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony

The supply of US dollars at the foreign exchange market plunged by 42 per cent to 168.98 on Wednesday, days after Binance announced the existence of the Nigerian exchange market.

FMDQ data showed that the turnover of USD plunged on Wednesday to $168.98 at the close of work from $291.74 on Tuesday.

The figure represents a $122.76 reduction in USD supply compared to $291.74 on Tuesday.


The development had led to a consecutive drop in Naira at the official forex market to 1,605.74 per USD on Wednesday and N1,602.43 the previous day.

Recall that on Monday, Binance informed users that any remaining NGN balances would be automatically converted to Tether, USDT stablecoin after March 8 amid a regulatory clampdown by the Nigerian Government.

The Nigerian Government had blamed Binance for the continued forex crisis in the country.

However, despite the regulatory move against Binance and other cryptocurrency platforms, Africa’s populous country’s FX crisis has yet to be resolved.

An FCT High Court sitting in Kubwa has struck out the N1 billion suit brought against a former Minister of Justice and Attorney-General of the Federation, Abubakar Malami, while he was in office.

Also sued was a civil servant, Ms Asabe Waziri and two others – the office of the former minister and the Federal Ministry of Justice.

The suit was brought against the former minister in his personal capacity along with Waziri and the two others by an Abuja-based property developer, Mr Cecil Osakwe.


But Justice Oluyemisi Adelaja, on Thursday, struck out the matter, citing lack of diligent prosecution by Osakwe.

“The claimant is the one who filed the action and is required to be seen diligently prosecuting same but they are not in court and there is no reason for their absence before the court.

“They have, therefore, been absent without reason and consequent upon Order 32 Rule 4, this case is ordered struck out for want of diligent prosecution,’’ Adelaja ordered.

It would be recalled that in June 2022, the Federal Government had filed a two-count charge with suit number FCT/HC/CR/244/2022, against Osakwe for advance fee fraud to the tune of N130 million.

The suit also alleged criminal intimidation of Waziri, a staff of the Nigerian National Petroleum Corporation, saying that Osakwe had threatened Waziri with injury to her person and reputation with intent to cause her harm and even death.

Waziri was said to have purchased a two-bed property from Osakwe to the tune of N130 million at Maitama, an up-market district of the FCT.

Following the two-count charge against Osakwe, he proceeded to file a lawsuit against the erstwhile attorney-general of the federation and minister of justice.

Others joined in the suit included the Federal Ministry of Justice and Waziri.

Through his Counsel, Mr Victor Giwa, Osakwe sought reliefs, including an order directing Malami to pay the sum of N1 billion to him as punitive damage.

The developer also sought an order directing the defendants to pay jointly and severally, the sum of N100 million to him as general damages.

The spokesman of Atiku Abubakar, the 2023 Peoples Democratic Party, PDP, presidential candidate, Paul Ibe, has disclosed that President Bola Tinubu once encouraged former President Muhammadu Buhari to print naira in 2020.

Ibe made the disclosure while criticizing the Minister of Finance, Wale Edun, over his comment on the printing of N22.7 trillion under Buhari’s administration.

Edun had said the printing of N22.7 trillion by the Central Bank of Nigeria in the name of a Ways and Means loan under Buhari’s government and ex-CBN governor Godwin Emefiele was responsible for the current rising inflation and economic hardship in Nigeria.


Speaking during an interface with the Senate Committee on Finance, the minister said the Ways and Means of loans of N22.7 trillion under the past administration was done aimlessly.

He further stated that the alleged reckless spending of the overdraft collected from the CBN under Emefiele largely accounted for the country’s food and security crises.

He vowed that Tinubu’s government would audit the CBN printing in the last eight years.

Reacting, Ibe faulted the minister’s remark stressing that Tinubu encouraged Buhari to toll such an irresponsible path in 2020.

Posting on Facebook, Ibe wrote: “Why is Wale Edun, who is more like oku eko (frozen fish) in this administration, bleating like a goat over the issue of Buhari’s printing of Naira? It was Bola Tinubu, as National Leader of the All Progressives Congress, who in 2020, encouraged Buhari on this irresponsible path of printing currency not matched with productivity.”