National
Tinubu to meet Chinese President Xi Jinping
President Bola Tinubu will depart for Beijing, China, in the first week of September, during which he will sign several MOUs with President Xi Jinping, his Chinese counterpart.
The President’s Spokesman, Ajuri Ngelale, said this while briefing State House correspondents on Tuesday.
He said the President would also visit two major Chinese corporations, Huawei Technologies, as well as the China Railway and Construction Corporation (CRCC).
“This is with a view to achieve one of Mr President’s top agenda items, which is the completion of the Ibadan-to-Abuja segment of the Lagos-Kano high-speed rail line,” said Ngelale.
Thereafter, he said the President would meet chief executive officers of 10 major Chinese corporations with assets under management totaling over 3 trillion dollars across multiple sectors of the economy.
The sectors include information and communications technology, oil & gas, aluminium production, harbour construction/dredging services, financial services and satellite technology, among others.
Ngelale said the series of meetings and activities would have immediate and future benefits to the Nigerian economy and Nigerian people.
“The MOUs will involve agreements in deepening cooperation in green economy, agriculture, satellite technology development, media enterprise development and promotion, as well as blue economic development and national planning cooperation.
“This is going to be part of a broader engagement where the two heads of state will discuss matters of mutual interest across not just the economy, but also on issues of national, regional and international security,” said the spokesman.
According to him, the President will thereafter join the Forum on China–Africa Cooperation (FOCAC) Summit, where several African heads of state will be present to engage with Chinese leaders on various important matters.
He said President Tinubu would make a presentation in his capacity as the chairman of the ECOWAS Authority of Heads of State and Government on behalf of the region.
He said Tinubu would proceed to the high-level peace and security plenary, where he would further make a presentation on peace and security in the region and in Africa.
According to him, the engagement is expected to yield tangible, immediate and future dividends for the Nigerian economy and for the benefit of the Nigerian people.
“The President will place premium on deliverables, ensuring that this is not a talk show, but will yield results for our people, justifying any expenditure that is made during the course of this trip,” said Ngelale. (NAN)
The house of representatives has resolved to investigate the N1.1 trillion Sukuk road projects from 2017 to 2024.
The lower legislative chamber passed the resolution during the plenary on Wednesday following the adoption of a motion of urgent public importance sponsored by Gaza Gbefwi, a lawmaker from Nasarawa.
The investigation aims to uncover and identify “instances of diversion, inflation, or contractor non-compliance” in the execution of the road projects.
While moving the motion, Gbefwi said a report by the Debt Management Office (DMO) shows it raised over N1.1 trillion through six sovereign Sukuk issuances to finance 124 federal road projects spanning 5,820 kilometres across the six geopolitical zones.
The lawmaker highlighted the breakdown of Sukuk financing as follows: N100 billion in 2017, N100 billion in 2018, N162.557 billion in 2020, N250 billion in 2021, N130 billion in 2022, and N350 billion in 2023.
He said reports suggest that an additional N150 billion was issued in October 2023, bringing the cumulative total to approximately N1.242 trillion by the end of 2024.
“Despite this significant investment, Nigeria’s road infrastructure remains in a deplorable state, with over 70 percent of the country’s 200,000-kilometer road network still unpaved, as noted by S&P Global Ratings in January 2024,” he said.
“Without robust accountability mechanisms, the Sukuk programme risks becoming a conduit for mismanagement or corruption.”
The motion was adopted when it was subjected to a voice vote by Benjamin Kalu, the deputy speaker, who presided over the plenary.
Consequently, the house mandated the committee on works to conduct a “forensic probe” into the allocation, expenditure, and outcomes of the N1.242 trillion Sukuk fund.
The parliament also directed the federal ministry of works to provide detailed records of all Sukuk-funded projects, including financial disbursements, project statuses, and updated contractors’ performance.
National
INEC Notifies Natasha Akpoti Of Recall Move, Confirms Receipt Of Petitioners’ Contact Details
The Independent National Electoral Commission (INEC) has written to notify Natasha Akpoti-Uduaghan, the senator representing Kogi central, about the petition by constituents seeking her recall from the national assembly.
INEC said it has also received the contact details of the petitioners.
“Pursuant to section 69 of the constitution of the Federal Republic of Nigeria 1999, as amended, I write to notify you of the receipt of a petition from representatives of registered voters in your constituency seeking your recall from the senate,” the letter reads.
“The notification is in line with the provisions of clause 2 (a) of the Commission’s Regulations and Guidelines for Recall 2024.
“This letter is also copied to the presiding officer of the senate and simultaneously published on the commission’s website. Thank you.”
The letter was signed by Ruth Oriaran Anthony, secretary to the commission.
Meanwhile, in a statement issued on Wednesday, INEC said it has now received the updated contact details from representatives of petitioners seeking to recall the senator.
In the statement, Sam Olumekun, INEC’s national commissioner and chairman of information and voter education, said a letter notifying the senator of the petition has been delivered to her official address, copied to the senate presiding officer, and published on the commission’s website.
“The next step is to scrutinise the list of signatories submitted by the petitioners to ascertain that the petition is signed by more than one half (over 50%) of the registered voters in the constituency. This will be done in the coming days,” Olumekun said.
“The outcome, which will be made public, shall determine the next step to be taken by the Commission. We once again reassure Nigerians that the process will be open and transparent.”
Akpoti-Uduaghan had recently accused Senate President Godswill Akpabio of sexually harassing her.
The allegation came in the wake of her seating arrangement altercation between Akpabio and the Kogi central senator at the red chamber
She was subsequently suspended from the senate for six months for “gross misconduct” over the incident.
The constituents behind the recall move also alleged her of “gross misconduct, abuse of office, and deceitful behaviour”.
The senator has denied wrongdoing and called the recall effort a “coordinated suppression” of her voice.
….Says Ibas only Accountable To Tinubu,Wike Only
The National Democratic Coalition (NADECO) in the United States has rejected the appointment of Ibok-Ete Ibas, a retired vice-admiral, as sole administrator of Rivers state.
BACKGROUND
On March 18, President Bola Tinubu declared a state of emergency in Rivers, citing the protracted political crisis and vandalisation of oil facilities.
The president suspended Siminalayi Fubara, the Rivers state governor, Ngozi Odu, his deputy, and all house of assembly members for six months.
Tinubu also appointed Ibas as the sole administrator for Rivers state.
On March 20, the senate and the house of representatives controversially ratified Tinubu’s request for the emergency rule.
The presidency had said the decision to prevent further escalation of the political crisis in south-south state.
A statement on Wednesday by Lloyd Ukwu, NADECO USA president, said Ibas would only be accountable to Tinubu, Nyesom Wike, minister of the federal capital territory(FCT), and not the people of Rivers state.
Ukwu claimed that Tinubu lacks the constitutional authority to suspend Fubara and appoint a sole administrator, describing the appointment as “illegitimate”.
“Nigeria operates as a federation, with Rivers State as a sovereign entity, and Tinubu, as President, lacks the constitutional authority to unilaterally suspend an elected governor like Fubara,” he said.
“Rivers State is not a subordinate institution, neither is it a High School and Tinubu is not its overseer and not the Principal of a high school who can suspend a student willy-nilly.
“In a democracy, sovereignty resides with the citizens, not with an unelected administrator or an aspiring autocrat or want-to-be civilian dictator in Abuja.
“Governments derive their legitimacy from the consent of the governed—leaders are entrusted with the power to serve the people, not to rule over them by imposing an administrator over them.
“The people of Rivers State exercised their democratic right in 2023 by electing Siminalayi Fubara as their governor.
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“They did not choose an imposed administrator. NADECO therefore demands the immediate resignation of this illegitimate appointee.
“True democracy requires that governance be rooted in the people’s will, expressed through free and fair elections.
“This imposed administrator is accountable not to Rivers people but to Tinubu, Akpabio, Kereke-Ekun, and Wike. His allegiance lies with these political actors, not with the citizens he claims to govern.
“The principle of ‘Power to the People’ is enshrined in Nigeria’s constitution and international human rights instruments, including the UN Universal Declaration of Human Rights.
“Upholding this principle, NADECO insists that Rivers people must completely and resolutely reject this illegal administrator, forcing his resignation. Anything less is unacceptable.”