The Joint Admissions and Matriculation Board (JAMB) has disclosed that it has uncovered over 1,665 fake A’level results during the 2023 Direct Entry (DE) registration exercise.


The Registrar of JAMB, Prof. Is-haq Oloyede, disclosed the alarming figure when he received the leadership of the National Association of Nigeria Colleges of Education Students (NANCES) in his office in Bwari, Abuja.

He said the A’level results verification regime was occasioned by the endemic corruption associated with the admission system and was intended to restore the integrity of the admission process.

Prof. Oloyede also revealed that out of the figure, 397 were from Colleges of Education, 453 were University diplomas, and the rest were other A’level certificates.

He pointed out that it should be of grave concern if no one respects the certificate one is holding, hence, there was the need to safeguard the integrity of A’level certificates that are used to secure admission through measures that would stand the test of time.

In its weekly bulletin released on Tuesday, the registrar recalled that in the past, when a candidate applied for DE, the Board would simply ask awarding institutions to do the necessary screening and due diligence.

He stated that JAMB was dumbfounded by the startling revelations from Bayero University, Kano (BUK), whereby out of the 148 Direct Entry applications to the institution, only six of the certificates forwarded for processing were genuine.


The Registrar added that it was the discovery of the monumental fraud that prompted the meeting of critical stakeholders, who met to chart ways of combating the menace.

Part of the measures suggested, he said, was the constitution of an A’level result verification task force as well as the creation of a common platform for the verification of A’level results and certificates. He said the platform is reliable and user-friendly, as it only takes five minutes to verify any certificate.

Oloyede further disclosed that, to underscore the importance attached to the exercise, the Board has put in place a “no verification, no admission” policy.

While listing 15 institutions that have not sufficiently complied with verification requests from the Board, he stated that the affected institutions, with more than 20 unverified candidates, would have to pre-verify candidates applying for admission with their certificates before the candidates can complete their DE registration process.

Power Minister Adebayo Adelabu stated this on Sunday while speaking with the press following a gathering with various All Progressives Congress, APC, members at the Oyo State party headquarters in Oke-Ado, Ibadan.

He assured that the government of President Bola Tinubu is ready and determined to change the face of things in the power sector and “to change the game in the power sector.”

“This is why we are addressing the root cause of the power sector problems.


“We are addressing all the problems associated with all the segments of the power sector value chain – from gas supply to generation, to transmission, to distribution and to the customers themselves. There are a lot of things that we are doing that Nigerians will soon start seeing.

“Yes, there are pockets of improvements here and there, but that is not where we are going. We are still going to Eldorado whereby every Nigerian will be able to enjoy adequate, stable, functional and reliable power supply.

“But let me tell you that it is a journey and not a destination. We will start seeing this improvement as we are seeing now to improve. This is because when you are repairing, you will still suffer some damages, you will still suffer some pains.

“When they were repairing the Lagos-Ibadan Expressway for 10 years, people were having traffic jam and getting held up in serious traffic until they finished the road.

“So, while we are repairing, people must help us to bear the little pains that will come with it. But at the end of the day, we will make gains. For you to make an omelet, you must break eggs. This is the period of breaking the eggs. Very soon, we will start eating our omelet.

“I am determined to solve the problems in the power sector and Nigerians will start singing our good songs very soon,” he said.

The naira, on Monday, appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market.

The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29.

Currency traders in Lagos, also known as bureau de change (BDCs) operators, quoted the buying rate of the greenback at N1,230 and the selling price at N1,250 — leaving a profit margin of N20.

“The dollar keeps declining and it is affecting business but business is picking up gradually,” a currency trader named Aliyu said.

At the official section of the FX market, the local currency depreciated by 0.69 percent to N1,309.39/$ on March 28 — from N1,300.43/$ on March 27.

Meanwhile, Aminu Gwadabe, president, Association of Bureau de Change Operators of Nigeria (ABCON), on March 31, said the recall of members into the FX market has led to stability in the exchange rate.

“The reconsideration of the BDCs into the mainstream foreign exchange market has not only cleared illegal economic behaviours of hoarding, rent-seeking, round tripping and FX holding position, and led to the emergence of exchange rate convergence,” Gwadabe said.

Gwadabe also said the increase in FX inflows through the CBN’s monetary tools boosts foreign reserves, granting the apex bank the power to defend the local currency.

The federal government’s subsidy reforms, rather than the expansion of money supply, are a major driver behind the persistent core inflation in Nigeria.

This is according to a study by Eric Ismail Otoakhia of the Department of Economics, Faculty of Business School, Ahmadu Bello University, Zaria, which was published in the latest edition of Bullion, a publication of the Central Bank of Nigeria (CBN).

Titled ‘Do Fuel Subsidy Shocks Prolong Price Instability in Nigeria?’, the study delves into the economic repercussions of Nigeria’s approach to handling fuel subsidies. The paper rigorously examines the ripple effects that follow the removal of fuel subsidies on the nation’s price levels from December 1996 to August 2023. By adopting a dynamic autoregressive model, the study aims to quantify the impacts of these changes on economic stability.

Subsidy reforms counterproductive to cost of living stability

The findings pointed to the counterproductive effects of subsidy reforms on the cost of living, highlighting the challenges faced by fiscal and monetary policy coordination in ensuring economic stability.

The study read:

  • “The removal of such subsidies, when accompanied by income redistribution and increased government spending on public investments, inevitably leads to a persistent increase in the price level.
  • “The findings of this paper have shown that government actions in handling fuel subsidies are counterproductive to fiscal and monetary policy coordination in ensuring a stable cost of living.”

The study, however, noted that fuel subsidies have been a double-edged sword, offering relief against the rising cost of living by stabilizing fuel prices, yet posing sustainability challenges amidst Nigeria’s significant infrastructure needs and escalating debt levels.

The money supply effect

Nigeria’s broad money supply (M3) surged to a new historic high of N95.56 trillion as of February 2024 despite the hawkish tightening stance of the Monetary Policy Committee (MPC). This figure represents a staggering 79.29% surge from the N53.3 trillion recorded in February 2023, showcasing a substantial year-on-year growth of N42.26 trillion.

The study, however, noted that increase in the money supply does not trigger significant and prolonged rises in inflation, suggesting that phasing out fuel subsidies introduces greater risks to economic balance.

The study added:

  • “The results reveal a prolonged increase in inflation rates following a positive shock to the positive semivariance of fuel prices, indicating that fuel subsidy reforms disrupt price levels and impede fiscal-monetary policy coordination to achieve price stability.
  • “In contrast, a positive shock to the money supply does not result in a significant and extended rise in inflation rates. This suggests that eliminating fuel subsidies poses a greater risk to price stability.”

The weakness in cash transfers

The World Bank recently said that cash transfers can help save Nigerians from intergenerational poverty traps as inflation and low economic growth adversely affect the poor. Also, the International Monetary Fund (IMF) emphasised the need for the Nigerian government to prioritise the full implementation of its cash transfer program to aid vulnerable households. This step is crucial before the government takes on the task of revaluating the costly fuel and electricity subsidies.

The paper, however, warns against depending solely on income transfers as a solution to the adverse effects of subsidy removal, given the government’s fiscal constraints. It recommends exploring alternative subsidy approaches, like agricultural subsidies, to promote food security and support the agricultural sector, offering a more viable and sustainable solution for economic stability.

The study noted:

  • “If the current administration successfully eliminates fuel subsidies, relying solely on income transfers will not provide long-term stability in the cost of living.
  • “These transfers are unsustainable given the current fiscal constraints of the government. Instead, an alternative subsidy approach, such as agricultural subsidies that encourage farmers and promote food security, may be more viable.”

The fuel tax option

The research proposes a novel approach to manage the economic implications of subsidy removal. Rather than erratic withdrawal of fuel subsidies, it suggests the implementation of a fuel tax targeting non-commercial vehicles. Such a measure would not only foster energy efficiency but also contribute to reducing CO2 emissions, aligning with global environmental objectives.

The study concludes that removing fuel subsidies leads to unmanageable increases in the inflation rate, with core inflation especially sensitive to such governmental energy reforms. The analysis criticizes the government’s recurrent attempts to remove subsidies as detrimental to the broader goal of macroeconomic stability.

Proposing a shift in subsidy strategy, the research advocates for funding subsidies through direct taxes on private, non-commercial vehicles. This strategy could expand the government’s tax revenue and correct the market failures associated with prolonged energy subsidies.

 [Nairametrics]
 

The Co-convener, Lucky Aiyedatiwa Campaign Organisation Foot Soldiers (LACO-FS) in Ondo State, Biyi Poroye, has said the allegation of certificate forgery against Governor Lucky Aiyedatiwa is the work of detractors who are crying wolf over nothing.

Naija News reports that Poroye, who is also the Chairman of Emerging Political Platform (EPP), while speaking with journalists in Akure on Monday, said Aiyedatiwa was not jittery over the allegation of certificate forgery.

 

According to him, Aiyedatiwa has no certificate scandal and is well-qualified to contest and win the party’s primary and November elections.

He further declared that those uncomfortable with Aiyedatiwa’s academic qualifications should approach the court of law for redress rather than brandish fake police reports on his academic records.

 

He said, “For some time now, the media platforms have been abuzz with lurid stories, insinuating that Governor Aiyedatiwa does not have a secondary school certificate as claimed in his bio-data.

“Thankfully, facts don’t lie. Recall that the then Governor of Lagos State, Alhaji Lateef Jakande, in his developmental stride in the education sector, relocated some dilapidated public schools to his newly built public schools.

“Therefore, Governor Aiyedatiwa who claims that he entered Ikosi High School in 1980 and passed out of the school in 1982 was right after all, because he was relocated to that school when he was in Form 3, and he passed on of it in 1982, at Form 5.

“This tale of certificate scam is no longer new and it beggars questions as to why it is going viral upon nothing. Definitely, detractors are crying wolf where there is none.

“This has in no doubt addressed the worry of all those who have been asking that how could Aiyedatiwa enter secondary school in 1980 and pass out in 1982.

“We indeed love this sort of inquest, and we want to task the good people of Ondo State and social critics to dig into the past/present of all the governorship aspirants and sponsors, across the party lines.

 
 

“For instance, how can aspirants who can not tell how they become millionaire overnight want to become the governor of Ondo State? Those who have handled the resources of the state with questionable issues. We need to ask questions.”

[NaijaNews]

Former Aviation Minister, Chief Femi Fani-Kayode, has said the federal government’s close alliance with the United States, the United Kingdom, and other super powers in the West is harmful to Nigeria.

The former minister said the partnership that Nigeria is enjoying with its former colonial masters, the UK, and their allies is indirectly hampering its relationship with Russia.

Fani-Kayode said this while speaking on the significance of the visit that he and his colleagues and some of his colleagues to the Russian ambassador in Nigeria during a recent interview with Arise TV.

“Nigerian government has been excessively close to the United States of America, and the United Kingdom, and that in itself, in my opinion, has its own baggage,” Fani-Kayode said.

He said the United States, during the administration of former President Barack Obama failed to sell weapons to Nigeria in the fight against Boko Haram terrorists, and its allies followed suit, saying Russia would not have done that.

“During the administration of former President Goodluck Jonathan, the US led by Barack Obama said categorically that they would not sell arms to us to fight Boko Haram. By that time Boko Haram was taking over probably half of the North East zone of Nigeria.

“They went on to say no country close to them like Israel should sell to us. And, we resorted to buying arms from the black market… Russia was not in the equation at all. We were not looking in their (Russia) direction because of the alliance (with the West). Our allies, our life-long partners, our former colonial masters completely betrayed us,” he said.

Last week, Fani-Kayode led a delegation of prominent Nigerian leaders, including the immediate-past Minister of Communications and Digital Economy, Prof. Isa Pantami; Senator Mohammed Hassan; Senator Bashir Lado; Hon. Farouk Adamu Aliyu; Dr. Joseph Onoh, and others on a condolence visit to the Russian Embassy in Abuja.

 
 

 

 

 

The solidarity visit was to commiserate with President Vladimir Putin and the Russian people on the terrorist attack which took place in Moscow last week and which resulted in the cold-blooded murder of 140 innocent and defenceless Russian civilians.

Speaking about the visit during the interview, Fani-Kayode said, “We are constrained by our faith and humanity to express our concerns and condolences primarily for those who lost their loved ones. It is very important.”

[DailyTrust]

A women leader of the All Progressives Congress, APC, Hajia Maryam Suleiman, has slammed Kaduna State Governor, Uba Sani, accusing him of disloyalty to his predecessor, Mallam Nasir El-Rufai.

Suleiman, who is popularly called Mai Rusau, was until her suspension, the APC Women Leader in Badarawa/Mailali Ward.

In a video which has gone viral, Suleiman recalled how El-Rufai, in 2019, travelled almost 500 times to lobby party chieftains at the APC headquarters in Abuja to ensure that Sani became the representative of Kaduna Central Senatorial District in the 9th National Assembly.

 

Speaking in Hausa, Suleiman said El-Rufai fought hard and took risks to remove former Senator Shehu Sani in order to make way for Uba Sani, who was considered loyal at the time.

The outburst earned Suleiman a suspension from the party, according to a letter dated 31 March 2024, which was obtained by DAILY POST on Monday.

The letter, signed by the Ward Chairman, Ali Maishago and Secretary, Saka Bassahuwa, accused Suleiman of gross misconduct for criticizing Governor Uba Sani.

Parts of the letter read: “The Badarawa/Mailali Ward APC Executive Committee after due deliberations and careful examination on the viral video clip released on 30th March, 2024 via Social Media network: Facebook, Watshapp, and Tiktok which is against the constitution of our dear party, APC as stated in Article 21.2(v).

“Subsequently, the party relied on defamation of character of his Excellency, the Executive Governor of Kaduna State, Malam Uba Sani.

“Unauthorised Publicity of the party dispute that discredited the personality of the Executive Governor of Kaduna State.

“From today, Sunday 31st March, the leadership of APC in Badarawa/Malali Ward unanimously resolved to suspend Hajiya Maryam Suleiman from the party pending further investigation on the matter from the constituted authority.”

Meanwhile, speaking with DAILY POST on Monday, Shehu Sani, who represented Kaduna Central Senatorial District, recalled how he was blocked by the former governor of Kaduna State, Nasir El-Rufai, when he attempted to return to the 9th Senate.

According to him, El-Rufai blocked his return to the Senate because he stopped him from accessing a $350 million World Bank loan when he was chairman of the Senate Committee on Local and Foreign Debts.

Shehu Sani insisted that he took the action in the interest of the people of Kaduna State, as the debt hanging on the state was more than revenue accruing to the state at the time.

He said: “As Senate Committee Chairman on Local and Foreign Debts in the 8th Senate, I did block El-Rufai from accessing the sum of $350 million loan after I have analysed critically the huge debt that was hanging on the state at the time.

“I did that out of genuine interest for the state and not out of malice, but it became an offence El-Rufai used against me.”

[DailyPost]

 
 

Governor Alex Otti of Abia State has declared that the era of tampering with Local Government funds in the state is over.

 

This is as he has waded into the rift between traders at Ariaria International Market and a developer engaged by the previous administration to remodel the market.

Otti said he had directed that original shop owners at the remodeled A-line of Ariaria International Market, should be given the first right of refusal in the remodeled market.

The Governor said he got complaints from some of the original shop owners that the contractor was trying to sell their shops to money bags.

Vanguard reports that the remodeling of A-line at Ariaria International Market was initiated by the administration of the immediate-past Gov Okezie Ikpeazu.

Otti who spoke with newsmen in Umuahia said he would not allow the original shop owners at the market to be shortchanged for any reason.

He said that he was told there were about 4000 shops originally but there would be additional 1000 shops after the remodelling.

The Governor insisted that justice demands that the original shop owners should be given the first right of refusal before new persons would be allowed to buy.

 

Otti further promised that if any original shop owner were unable to afford the cost of the remodeled shops, Government would assist in negotiating a loan with any willing commercial bank to help out the affected traders.

He, however, added that there must be evidence that the affected traders do not truly have the financial capacity to pay for the new shops.

Gov. Otti said that a repayment plan had to be worked out with the willing financial institutions.

On the management of council funds, the Governor said that under his watch local government funds were no longer tampered with.

He challenged anyone with any evidence that council funds were being tampered with should make same available.

 

The Governor said that for the first time after many years, Council Chairmen in the state were able to “grade roads and rehabilitate health centres”.

” Now in Abia Council Chairmen are doing what they were unable to do before. There are massive renovations in our Local Governments now. It’s evident that our councils are operating well now”.

Vanguard]

Switzerland has topped the list of the most powerful passports in 2024 according to the Nomad Passport Index.

The consulting firm, Nomad Capitalist, disclosed that factors responsible for the strength of passports include visa-free travel, taxation, global perception,ability to hold dual citizenship status, and personal freedom.

The five criteria have a weighted index of Visa-free travel — 50%, Taxation — 20%, Global perception —10%, Ability to hold dual citizenship — 10%, Personal freedom (freedom of the press, mandatory military service, etc.) — 10%

Here’s the list of the top 20 passports in 2024:

1. Switzerland

 

2. Ireland

3. Portugal

 

4. Luxembourg

5. Finland

 

6. UAE

7. Netherlands

 

8. Norway

9. Germany

 

10. New Zealand

 

11. Iceland

12. Italy

 

13. Greece

14. Sweden

15. Czech Republic

 

16. Malta

17. United Kingdom

18. Belgium

19. Denmark

20. France

[TheNation]

A lecturer at the Department of Physical and Health Education of the University of Maiduguri (UNIMAID), Dr Kamar Abdulkadir, has been brutally murdered on campus.

It was gathered that Abdulkadir was killed on Sunday, March 31, when the attackers sneaked into his office, stabbed him with a knife and hit the slain lecturer multiple times with a hammer.

 

Zagazola Makama, a Counter-Insurgency Expert and Security Analyst in the Lake Chad, disclosed that the victim was later found dead in the pool of blood with several injuries inflicted on his body by his alleged killers.

 
 

“His hands were peeled off when he tried to stop the attackers from stabbing him. They also used a hammer to smash his head and his spinal cord, killing him instantly,” Makama said.

 

The killers also zoomed off with his vehicle and other valuables.

The Borno State Police Command and the university authorities were yet to speak on the matter as at the time of writing this report.

[Newspot]