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365 Days Of Akpabio’s Legislative Diplomacy And The Renewed Hope Agenda

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By Jackson Udom

When the Nigerian Senate elected Godswill Obot Akpabio CON, as its Primus Inter Pares on June 13, 2023, not a few Nigerians expressed excitement at his emergence as President of the Senate and Chairman of the National Assembly of Nigeria.

The reason for that excitement was not far to seek. Many people knew that in Akpabio, the Senators had elected a ranking legislator with rich experience in governance, lawmaking and diplomacy.

For those who know, the job of the legislature transcends the popular functions such as lawmaking, vetting of budgets, confirming executive appointments and serving as a watchdog on the Executive and the Judiciary.

In fact, functional legislatures the world over, have been known to set the pace and hold the aces with regards to the socio-economic development of their countries because they explore the limitless opportunities presented by Legislative Diplomacy, which has to do with the process of creating and negotiating laws, regulations and policies at the international level, involving diplomatic efforts and cooperation among nations.

Legislative Diplomacy aims to harmonise legal frameworks, promote consistency, and address global challenges through collaborative lawmaking.

This all-important function of the legislature has come to assume such a great place in the life of Nation-States that lawmakers are seen as not only passive individuals making the laws to underpin developments but as active statesmen at the vanguard of making development happen.

Scholars all over the world have argued that individual members of the House and Senate have been known to frequently travel overseas on congressional delegations to confer with foreign leaders, investigate problems that arise, promote the interests of their countries and constituents, and even represent the president.

With the intentions of promoting global governance, enhancing economic cooperation, protecting human rights and the environment, combating transnational crimes and facilitating international trade and investments, among others, Legislative Diplomacy presents great imperatives for the socio-economic development of any Nation-State.

The recognition of these imperatives made millions of Nigerians to celebrate the emergence of Godswill Akpabio as President of the Senate, having known his pedigree as a technocrat, who ventured into public administration and demonstrated a passionate commitment to the development and socio-economic uplift of, first, Akwa Ibom State, where he was governor for eight years and later, Nigeria, which he has served in different capacities as Senate Minority Leader, Minister and now President of the Senate.

Indeed, Akpabio and Legislative Diplomacy seemed to have been made for each other. As the number one lawmaker in Nigeria, he has proven beyond a doubt that Legislative Diplomacy comes easy and can achieve greater mileage in the hands of individuals of his ilk, as his personality, carriage and candour have, no doubt helped the nation in achieving unprecedented results in terms of economic growth and rebuilding the trust reposed in Nigeria by countries and international organisations in just 12 months of his leadership of the National Assembly.

As it is known that Legislative Diplomacy requires effective communication, negotiation, and collaboration among governments, international organisations, and stakeholders to shape global legal frameworks and address shared challenges, Senator Akpabio’s adept skills, honed in his years as a corporate lawyer and his immense experience garnered in the corridor of power have been brought to bear, as he has succeeded in breaking barriers and making lasting impacts in attracting socio-economic developments to Nigeria through parliamentary diplomacy.

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One of the obvious successes of the President of the 10th Senate in the area of Legislative Diplomacy was his attendance at the Inter-Parliamentary Union Assembly in Luanda, Angola, where he was elected into the Executive Committee of the IPU thus breaking a 59-year-old jinx. Nigeria was last elected into the Committee 59 years ago. He also participated at the IPU in Geneva, Switzerland, where he presented a paper asking the world to speak against the needless bloodletting in Gaza and save the innocent women and children from avoidable deaths.

Senator Akpabio has, also in the last one year as the Senate President, engaged in diplomatic courtesies with foreign missions in Nigeria, demanding collaborations with Nigeria on the economy, security and power and also seeking partnership with sister Parliaments across the globe for world peace and development.

As evidence of his credentials as a legislative diplomat, the IPU nominated the Senate President and 15 others as Preparatory Committee for the Sixth World Conference of Speakers of Parliament coming up in August 2025.

In line with the President Bola Ahmed Tinubu’s Renewed Hope Agenda, Akpabio’s Legislative Diplomacy has seen him court friends in different countries of the world, seeking partnerships and collaborations to improve security and peace in Nigeria, which without a doubt, is central to the socio-economic development and the progress of the country.

Through different fora and platforms, the Senate President has used the weapon of Legislative Diplomacy to the greatest advantage of Nigeria and Nigerians, seeking fresh opportunities and friendships for the country and building on the framework of renewed hope and vision of President Tinubu across different sectors.

For instance, it is on record that the Senate President met with the President of the Serbia Parliament, Ms Ana Brnabic in London, calling for Parliamentary Collaboration between the Nigerian Parliament and its Serbian counterpart and also extensively discussing issues of mutual interests between the two countries.

At another meeting with the members of the Saudi Arabia/Nigeria Parliamentary Friendship Group, led by Dr Abdullah Bin Hamad Al-Salamah, the President of the Senate called on the Government of Saudi Arabia to assist Nigeria in the fight against insurgency and trans-border terrorism, through sharing of intelligence.

On economic partnership, Akpabio rallied the Saudi Arabia delegation, saying: “Our relationship today has gone beyond pilgrimages and oil because Nigerians are now studying and working in Saudi Arabia in various spheres of human endeavours. The mutual economic ties and benefits are worth commending, especially in the aviation sector.

“In your search for economic partners, I want you to take Nigeria as a major partner. We solicit for more investments from you in the area of Oil, Gas and ICT. We would be happy for your collaboration with OPEC because if you assist OPEC, you are helping Nigeria and the black race to secure and prevent influx of immigrants.”

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Akpabio had also, at another diplomatic engagement, urged the German Government to collaborate with Nigeria in the areas of economy, security and power in order to enhance the socio-political development of Nigeria.

He made this call when he received the German Ambassador to Nigeria, Annette Gunther. He told his august visitor that Nigeria was looking for partnership and guidance from Germany in the area of security and power generation and that the country would want to improve on the existing relationship between it and Germany,

“The Nigerian Parliament would be very glad to join the President Bola Tinubu-led administration to improve on that relationship. Anything we need to do in terms of legalising or in terms of legislation to make most of the policies and programmes that you are embarking on with the government possible, would be done. We want more German companies to join those that are already here,” Akpabio said.

Today, as a testament to the cordial relationship between the executive and the legislature as well as the combination of President Tinubu’s savvy in foreign relations and Akpabio’s Legislative Diplomacy, the Nigerian economy has received a huge boost, with international agencies and countries reposing a greater trust and confidence in Nigeria’s ability to beat its challenges.

On the African sub-regional and international scenes, President Tinubu’s Renewed Hope Agenda as it relates to Nigeria’s foreign policy and relations have received a major boost, as Akpabio’s Legislative Diplomacy has not only helped the country to speak with one united voice that Nigeria is resolute in its bid to reclaim its pride of place as an emerging world power and a big brother in Africa, who would do everything to entrench peace and democracy in West Africa.

In a similar vein, Senator Akpabio also⁰ aligned his diplomacy with President Tinubu in seeking world peace, knowing well that it is only when there is peace in the world that Nigeria will be able achieve its socio-economic aspirations.

A case in point was when he lent his voice to the call for the restoration of lasting peace to war-torn Gaza, making passionate appeals for nations to rise above sentiments and invoke the spirit of humanity, by doing all it requires to bring sustainable peace to the region.

In his passionate commitment to growing the country’s economy in tandem with the vision of the President, the Akpabio-led National Assembly did not limit its focus to relationships with countries’ parliaments and Heads of Government but also international organisations, daily preaching the message of Nigeria’s socio-economic emancipation.

One of such organisations canvassed by the Senate President was the World Trade Organisation, where Nigeria’s delegation to the 148th Assembly of the Inter-Parliamentary Union (IPU), led by him, sought the collaboration of the World Trade Organisation (WTO) in the area of Digital and Marine economies.

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According to him, “we used our attendance at the IPU to pay a courtesy visit to one of Nigeria’s very costly exports to the world, Dr Ngozi Okonjo Iweala; the Director General of the WTO. We came to thank her for the job she is doing for the world and thank her staff for supporting and standing by her to succeed. We, in Nigeria, are very proud of her.

“We had discussions on the various developmental programmes of the WTO and we noticed that there were spaces where Nigerians can become major players. We discussed issues affecting trade back home in Nigeria and ways in which the National Assembly can assist in removing barriers, through legislation for the benefit of our people.

“We also talked about the issue of regulations concerning Digital economic contents, illegal fishing along the coastal states of Cross River, Rivers, Akwa Ibom and Bayelsa states. How Nigerian women could benefit from the recent program funded by the organisation was also discussed. The establishment of a Digital trade portal, wherein all trade information could be accessed by our people topped our discussion with the WTO.

“The deliberations were fruitful and we are confident that with our support in all of these, Nigerians would be the better for it.”

Speaking on what could be the direct gains of Legislative Diplomacy, Senator Akpabio once described his election into the Executive Committee of the Inter-Parliamentary Union as an enormous opportunity for Nigeria, saying his election would impact positively on the country through the creation of employment and developmental opportunities for young Nigerians, who are seeking to become diplomats.

“This will also attract foreign direct investments in the area of training and retraining and capacity building, not just for the legislature but for people who are in different fields. The benefits are enormous,” he added.

The Senate President had also indicated that his election was a major political victory for Nigeria, which has missed out at the decision-making table of the union for 59 years, stressing that the victory was symptomatic of the Renewed Hope Agenda of the President, as it was wont to bring great hopes and opportunities to the country.

As espoused by advocates of Legislative Diplomacy, a legislator is more than a lawmaker; he is to be, for his country, a negotiator and a marketer, attracting global attention and navigating different issues to bring economic opportunities to his country. This much and more has been done by Akpabio in his less-than-one year of leadership and the expectations abound, as Nigerians begin to see the practical manifestations of his diplomacy in the months and years to come.

Udom is Special Assistant On Media (Print) To The President of the Senate

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EFCC sets record with 4,111 convictions, biggest asset recovery in 2024

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The Economic and Financial Crimes Commission (EFCC) said it secured a record-breaking 4,111 convictions in 2024.

The News Agency of Nigeria (NAN) reports that this information is based on the EFCC’s 2024 statistical report, made available to journalists on Sunday.

The record marks EFCC’s highest number of convictions and the largest single-year asset recovery in the agency’s history since its establishment in 2003.

The report said that the anti-graft agency received 15,724 petitions and investigated 12,928 cases across all zonal directorates in Nigeria.

Of these, 5,083 cases were filed before various courts.

The statistics revealed that advance fee fraud, money laundering, and cybercrime were the most prevalent offences.

It said that the high volume of cases was attributed to rising unemployment, the quest for quick wealth among youths, a large informal economy, and weak regulatory frameworks.

The report stated that the 4,111 secured convictions were recorded across 15 states, including the EFCC headquarters in Abuja.

While the Lagos Zone had the highest number of convictions at 685, followed by Enugu with 516, Maiduguri recorded the lowest number of convictions at 95.

The EFCC said it also recovered significant sums during the year under review

“Such monetary recoveries include N364.6 billion; 214. 51 million dollars; 54,319 euro; 31,265 euro; CAD$2,990 and AUD $740.00.

” Others are CFA7,821,375, UAE Dirham 170, Riyals 5,115, W73,000, 105 Yen, GH¢225 and Rand 50.”

It said EFCC also secured the forfeiture of over 750 duplexes and apartments to the Federal Government, marking the largest single asset recovery in its history.

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“Other forfeited assets included: 173 vehicles, ₦9.478 billion, $2,605,858.30 million and £1,600.

“The others included crypto currencies of 13.37 BTC (worth approximately $572,992.86), 5.97886094 Ethereum (worth $13,353.06), 298.4770071 Green Satoshi Tokens (worth $6), 1,002.547631 USDT ($1,002.22), N2,699,233 worth of USDT (Tether Coin, TRC-20).”

Other assets forfeited to the anti-graft agency were 378 electronics, one factory, one hotel, two gold chains, 14 parcels of land, petroleum products and 70 tons of unidentified solid minerals.

The EFCC’s 2024 report highlighted its aggressive crackdown on financial crimes and record-breaking asset recoveries, reinforcing its commitment to combating corruption in Nigeria.

According to the commission, some of the monetary recoveries have been reinvested by the Federal Government in initiatives that provide significant benefits to the Nigerian people.

The statistics showed that the ₦50 billion granted to the Nigerian Education Loan Fund (NELFUND) by the Federal Government was sourced from the monetary recoveries of the EFCC.

“This initiative enables students to complete their degrees, contribute meaningfully to the Nigerian workforce, and ensures that recovered funds directly benefit Nigerians,” the report stated.

“By providing student loans, the EFCC is not only supporting education but also empowering young Nigerians to become productive members of society.

“This move reflects the Commission’s commitment to promoting sustainable growth and development in Nigeria,” the report added.

The anti-graft agency attributed its success to the dedication of its officers and the enabling environment provided by management and stakeholders.

“It also reaffirmed its commitment to enhancing the knowledge and capacity of its prosecutors and the judiciary,” it said.

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The EFCC reiterated its commitment to collaborating with various agencies and international partners to strengthen and enhance its asset recovery framework. (NAN)

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Trump Declines To Rule Out 2025 US Recession

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Trump’s on-again, off-again tariff threats against Canada, Mexico, China and others have left the US financial markets in turmoil and consumers unsure what the year might bring.

President Donald Trump declined in an interview aired Sunday to rule out the possibility that the United States might enter a recession this year.

“I hate to predict things like that,” he told a Fox News interviewer when asked directly about a possible recession in 2025.

“There is a period of transition, because what we’re doing is very big — we’re bringing wealth back to America,” he said, adding, “It takes a little time.”

But Trump’s commerce secretary, Howard Lutnick, was more definitive when asked Sunday about the possibility of a recession.

“Absolutely not,” he told NBC’s “Meet the Press” when asked whether Americans should brace for a downturn.

Trump’s on-again, off-again tariff threats against Canada, Mexico, China and others have left the US financial markets in turmoil and consumers unsure what the year might bring.

Stock markets just ended their worst week since the November election.

Measures of consumer confidence are down, as shoppers — already battered by years of inflation — brace for the higher prices that tariffs can bring.

And widespread government layoffs being engineered by Trump’s billionaire advisor Elon Musk add further concern.

Some signs are mixed.

A widely watched Atlanta Federal Reserve index now predicts a 2.4 percent contraction of real GDP growth in the year’s first quarter, which would be the worst result since the height of the Covid-19 pandemic.

Much of the uncertainty stems from Trump’s shifting tariff policy — effective dates have changed, as have the sectors being targeted — as businesses and investors try to puzzle out what will come next.

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Kevin Hassett, Trump’s chief economic advisor, was asked on ABC whether tariffs were primarily temporary or might become permanent.

Hassett said that depended on the behavior of the countries targeted. If they failed to respond positively, he said, the result could be a “new equilibrium” of continuing tariffs.

The administration has insisted that while the economy will pass through a possibly bumpy “transition,” things are headed in a positive direction.

In his State of the Union message on Tuesday, Trump told Americans to expect “a little disturbance” as tariffs take hold, while adding: “We’re okay with that. It won’t be much.”

And his Treasury Secretary Scott Bessent has warned of a “detox period” as the economy cuts government spending.

Given the uncertainties, economists have been wary of making firm predictions.

Economists at Goldman Sachs, citing Trump’s policies, have raised their odds of a recession over the next 12 months from 15 percent to 20 percent.

And Morgan Stanley predicted “softer growth this year” than earlier expected.

Recessions are generally defined as two consecutive quarters of weak or negative GDP growth.

The US was briefly in recession in early 2020 as the Covid pandemic spread. Millions of people lost jobs.

AFP
[3/10, 5:21 AM] Official _nacho: Butchers fear shutdown as cow price soars to N2m

 

 

The Lagos State Butchers’ Association has lamented the soaring cost of cows threatening the livelihoods of its members and called for the Federal Government’s intervention to save the sector from an imminent collapse.

The association’s Chairman, Alhaji Taiwo Rasak, disclosed this in an interview with the News Agency of Nigeria on Sunday in Lagos.

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Rasak said the persistent surge in cow prices had pushed Lagos butchers to the brink with many struggling to maintain profit margins and stay in business.

“At the moment, the cheapest cow you can get is N700,000 against N200,000 to N350,000.

“Some cows are as high as N2m now, depending on the size.

“It is going to be more expensive now that we are in the Ramadan season,” Rasak said.

He said the development had led to reduced profit margins with many butchers battling to survive, while some could shut down their businesses if the situation persists.

“The impact of rising cow prices on Lagos butchers cannot be overstated. Many are struggling to survive and some may be forced to shut down their businesses if the situation doesn’t improve.

“The usually vibrant Oja Awolowo Market here in Mushin has fallen quiet with meat sellers facing a dire shortage that left their stalls nearly bare.

“While I acknowledge the government’s efforts to improve the lives of Lagos butchers, I urge them to swiftly address the mounting challenges in the sector that demand a more rapid and effective response,” he said.

Rasak described the government’s funding of meat production as the needed vital investment in the livestock sector.

He said the support would enable butchers and farmers to remain in business, even in the face of skyrocketing cow prices.

“The interventions can help bridge the gap between supply and demand, ultimately benefiting consumers.

“By supporting meat production, the government can contribute to food security, economic growth, and the well-being of its citizens.

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“To effectively alleviate the challenges faced by meat sellers, the government must ensure that palliative loans are disbursed efficiently to reach the intended beneficiaries.

“Those who genuinely require financial support to sustain their businesses must be sought after.

“It is crucial that the government establishes a transparent and equitable system for distributing palliative loans, guaranteeing that these funds are directed towards meat sellers who are struggling to cope with the rising costs and need assistance to stay afloat,” he said.

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Abacha’s Family Rejects Babangida’s Claim On June 12 Election Annulment

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The family of a deceased former Nigerian military leader,General Sani Abacha has said their patriarch was neither the Head of State nor the Commander-in-Chief when the June 12, 1993, presidential election was annulled.

According to the family, the decision to annul the election was made under the administration of General Ibrahim Babangida, who, as the then Head of State, held absolute executive powers and was solely responsible for his government’s actions.

Babangida, popularly known as IBB, alleged in his recently launched book, “A Journey in Service,” that the late General Abacha was responsible for annulling the June 12, 1993, presidential election.

However, refuting the claims, Mohammed Abacha said any attempt to shift that blame to the late General, a senior military officer within the regime, was a deliberate distortion of historical facts.

Mohammed said the memory of their late father and leader, General Abacha, must not be tarnished by baseless accusations meant to absolve those who were truly responsible.

“Our attention has been drawn to recent claims made by former Head of State, General Ibrahim Badamasi Babangida, in his newly launched book, “A Journey in Service”, where he alleged that the annulment of the June 12, 1993, presidential election was the responsibility of the late General Sani Abacha.

“These claims have sparked widespread controversy and necessitate a clear response from the immediate family of General Sani Abacha and the entire Abacha clan in the interest of historical accuracy and justice.

“It is important to state unequivocally that General Sani Abacha was neither the Head of State nor the Commander-in-Chief when the June 12 election was annulled. The decision to revoke the election was made under the administration of General Ibrahim Babangida, who, as the then Head of State, held absolute executive powers and was solely responsible for his government’s actions.

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“Any attempt to shift this blame onto General Sani Abacha, who was a very senior military officer within the regime, is a deliberate distortion of historical facts.

“For years, various actors have attempted to rewrite the history of that critical period in Nigeria’s democratic evolution. However, the facts remain unchanged. We urge Nigerians to be wary of revisionist narratives that seek to manipulate public perception for personal or political reasons. The memory of our late father and leader, General Sani Abacha, must not be tarnished by baseless accusations meant to absolve those who were truly responsible.

“Furthermore, we wish to emphasise that despite this unfortunate attempt to shift blame, General Sani Abacha remained a faithful and loyal friend to General Ibrahim Babangida until his death. He was a man of unwavering commitment to his comrades. We also find it necessary to state that when General Babangida’s life was under threat, General Abacha came to his rescue, ensuring his safety.

“We take this opportunity to express our heartfelt appreciation to the many Nigerians who have risen in defence of General Sani Abacha to set the record straight. Your unwavering commitment to truth and historical accuracy is deeply appreciated, and we acknowledge the outpouring of support from those who refuse to allow history to be distorted.

“As we reflect on Nigeria’s history, we acknowledge General Sani Abacha’s time in leadership and his role in the nation’s development. Like past leaders, his contributions remain part of our country’s history. We believe that history is best judged with fairness and objectivity,” he added.

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