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We owe Nigerians a non-partisan roadmap for incoming govt — Buhari

Published

1 year ago

January 1, 2023

NewsDirect

…Says collective electoral will, votes of Nigerians will be fulfilled under his watch

…Resist attempt to be used by politicians to create unrest — President charges Nigerians

…Says sustaining non-oil GDP growth focus for economy in 2023

By Moses Adeniyi

As he looks forward towards handing over power in 2023, President Muhammadu Buhari has said his Administration owes Nigeria a transitional responsibility to provide for the incoming government “a non-partisan and objective roadmap for 2023,” a commitment he assured he would effect.

Buhari said the fact that governance is a continuum, places a transitional responsibility on his administration to provide an objective roadmap for the new government that would be elected in 2023, without reflection of party affiliation.

Buhari in his New Year speech for the year 2023, which would be his last as democratically elected President, said he has as his “personal commitment and executive promise” to see to the letter that the 2023 elections being diligently conducted by the Independent National Electoral Commission (INEC) will be free and fair.

Buhari who acknowledged that Nigerians in the next five months, would have gone to the polls and elected a new president along with new governors and a plethora of other elected officials at both the national and state levels, said the collective electoral will and votes of Nigerians will be fulfilled under his watch by ensuring the candidates popularly elected emerge winner of the polls without compromise.

“The collective electoral will and votes of Nigerians will be fulfilled, even in the twilight moments of my watch,” he said.

Charging Nigerians to go to the polls to exercise their right to vote and elect a new Administration, he said 2023 is an important year for the country, assuring commitment to ensure “smooth transition of government, to whoever the people have decided upon.”

“This administration’s landmark Amended Electoral Act will ensure that we have free and fair elections across the nation,” he said.

He said Nigerians must also take responsibility to ensure they participate in ensuring that “the 2023 elections are free and fair by not engaging in anti-state activities and other nefarious acts that may affect the run of the polls.”

Assuring his government would clamp down on politicians seeking to create unrest to disrupt the election, he called on Nigerians to resist “every attempt to be used by politicians to create unrest in any form to disrupt the elections.”

“We, as government will ensure such activities are met with the full force of the law,” he said.

The message partly reads, “This year is particularly important to me because this message is in essence valedictory. After having the honour of serving you, my compatriots, for the last seven plus years, my tenure as your President in the most revered tradition of our ongoing and maturing democracy must necessarily come to an end. In the next five months, we would have gone to the polls and elected a new president along with new governors and a plethora of other elected officials at both the national and state levels.

“All these electoral and democratic principles are working in concert because of the transcendent beliefs, beyond partisan politics, of you the great citizen of Nigeria. In addition is my personal commitment and executive promise to see to the letter that the 2023 elections being diligently conducted by the Independent National Electoral Commission will be free and fair. The collective electoral will and votes of Nigerians will be fulfilled, even in the twilight moments of my watch.

“Reflecting on year 2022 allows us as a government to examine our legacies of successes and challenges. As we celebrate our wins and review obstacles, we all must understand that governance is a continuum, which still places a transitional responsibility on this administration to provide for the incoming government a non-partisan and objective roadmap for 2023.

“We as Nigeria; one country united under the will of God and actively growing as an indivisible entity, have been enabled year after year, decade after decade, to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated. This has made us a unique nation across the globe and our continent.

“In the year 2023, Nigerians go to the polls to exercise our right to vote and elect a new Administration; it is an important year for our country to ensure that we have another smooth transition of government, to whoever the people have decided upon.

“This administration’s landmark Amended Electoral Act will ensure that we have free and fair elections across the nation.

“We as Nigerians must also take responsibility to ensure we participate in ensuring that the 2023 elections are free and fair by not engaging in anti-state activities and other nefarious acts that may affect the run of the polls.

“We must also resist every attempt to be used by politicians to create unrest in any form to disrupt the elections. We, as government will ensure such activities are met with the full force of the law.”

Security

On security, he called for support of citizens to assist security agencies by providing the community intelligence much needed in their efforts to combat insecurity in the Country.

He said, “As our security agencies continue to make the country proud, we must continue to assist our patriotic forces by providing the much needed community intelligence.

“It is our collective responsibility to ensure that Nigeria remains safe and peaceful for us all. Therefore, we have a duty and obligation to support our troops and intelligence agencies by being alert and reporting anything suspicious.

“The fight against insurgency in the North-East region has continually recorded very clear wins in the past year. The Federal Government, and the Borno State government, have started the journey of returning internally displaced persons to their ancestral homes earlier taken by the insurgents.

“Also, over 82,000 insurgents with their families have surrendered to the Nigerian military. A number of surrendered insurgents are currently being processed by the rehabilitation (Operation Safe Corridor) programme.

“The fight against banditry, kidnapping and other crimes in the North-West and other regions is gaining momentum and showing very clear results. One of which is the resumption of Train Service along the Kaduna to Abuja corridor.

“In the aftermath of the #EndSARS, our administration took heed and instituted the ongoing Police Reform programme based on a new Presidential Vision for Policing in Nigeria.

“This new vision is framed in a clear road map that transcends the tenure of this administration and it is predicated on six principles: a) Building Trust and Legitimacy b) Leadership, Accountability and Oversight c)Technology and digital media d) Community Policing and Crime Reduction e) Officers Training and Education f) Funding, Officers’ Welfare, Wellness and Safety.

“This reform programme is very much in its foundational phase but has recorded noteworthy successes in improving police welfare and their emoluments. Other gains have been the ongoing training of 500 police cadet trainers to enable a better training regimen for the 2022 first batch of the 10,000 new cadets with an additional 10,000 set for 2023.

“In support of these reforms has been the provisioning of new material for the Nigeria Police to steadily improve on its constitutional responsibility to enforce law and order, protect lives and property as well as street level peace and security.

Economy

On the economy, Buhari said despite the the ongoing global economic crisis, his government has been able to weather the storms.

“Inflation across the globe is at its highest, the Federal Government has been resolute through its economic interventions to remain above water during this period.

“2022 brought a combined impact from ongoing wars and aftereffects of COVID-19. Though creating its own fiscal challenges, we have continued to subsidise our energy costs to buffer households from inflationary pressure of high energy costs,” he said.

He added that in 2023, the Government is focused on building on “the Gross Domestic Product and sustain the huge surge in the non-oil GDP growth.”

Emphasising commitment to youth empowerment, he said year 2023 would be a time when his Administration work to solidify on delivering key strategic priorities under the “SEA” – (Security, Economy and Anti-Corruption) Agenda of his government.

“The Nigerian Start up Bill has been passed as an Act. This is considered a huge step in lowering our unemployment figures by boosting job creation and supporting the entrepreneurial drive of our youths. If you recall in my 2021 New Year speech, I had mentioned the need to secure the future of our youth recognizing that our young people are our most valuable natural resource, at home and abroad.

“In this regard, we worked with the legislature to develop an enabling law to turn their passions into ideas that can be supported, groomed and scaled across regions. 2023 will see the implementation of the Nigerian Start Up Act nationwide.

“The year 2023 would, indeed, be a time when we would work to solidify on delivering key strategic priorities under our ‘SEA’ – (Security, Economy and Anti-Corruption) Agenda. Some of the key priority areas we would direct our attention and strengths to include:

“Focus on SECURITY; we will continue to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities across the Nation.

“We will also focus on ensuring that free and fair elections would be held come February 2023. Our security forces are working in partnership to ensure the wins we have got in war against insurgency, banditry, secession and other crimes are sustained and more wins acquired.

“For the ECONOMY; our focus would be on maintaining and building economic growth through the national economic diversification agenda that supports the goal of national food self-sufficiency and growth in non-oil sources.

“The ongoing infrastructure revolution by our administration will see us deliver the key projects across the Nation in power, rail, roads, ports and technology.

Anti-corruption

On the anti-corruption drive of our administration, we have created new records in this fight, growing from 117 convictions in 2017 to 3,615 convictions as at December 2022. We as a government are committed to ridding our nation of all forms of corruption, through the collaboration with all the arms of Government to effectively prosecute this fight.

Felicitation

In felicity, he said: “As we welcome the New Year, let us look with hope to 2023, a year to move forward as a nation towards unity, progress and prosperity.

“I offer my own personal felicitations, mindful of the various opinions and interpretations of our executive legacies.

“I welcome and accept both the accolades and criticisms in equal measure secure in the conviction that I did my best to serve our dear country Nigeria and I pray that the next President will also pick up the baton and continue the race to make Nigeria one of the leading countries of the world by the end of this century.

“Long Live the Nigerian spirit of oneness, togetherness, and unity. Long Live the Federal Republic of Nigeria. A happy and prosperous New Year.”

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Account enrollment: Court validates CBN’s regulation, permits collection of customers’ social media handles

Published

1 day ago

May 17, 2024

NewsDirect

…Dismisses concerns, says social media handles not protected by privacy rights

…Financial institutions cleared to collect social media handles for KYC

By Sodiq Adelakun

The Federal High Court in Lagos has ruled in favour of the Central Bank of Nigeria (CBN) in a case challenging the regulation that requires financial institutions to collect their customers’ social media handles as part of the Know-Your-Customer (KYC) procedure.

Recall that the Socio-Economic Rights and Accountability Project (SERAP) had urged the court to compel CBN to withdraw its directive to banks and other financial institutions.

However, in the ruling, Justice Nnamdi Dimgba struck out the suit filed by Lagos-based lawyer, Chris Eke, who argued that the regulation violates the right to privacy of bank customers.

Eke had sought a declaration that the regulation contained in Section 6(a) (iv) of the Central Bank of Nigeria (Customer Due Diligence) Regulations, 2023, is undemocratic, unconstitutional, null, and void, as it contradicts Section 37 of the 1999 Constitution of the Federal Republic of Nigeria (as amended). However, Justice Dimgba ruled that the regulation does not breach the right to privacy of bank customers.

The CBN regulation is targeted to enhance customer due diligence and anti-money laundering measures, and requires banks to collect social media handles, among other personal information, from their customers.

The applicant had asked the court to grant an order of perpetual injunction, restraining CB from enforcing the regulation which requires financial institutions to request customers’ social media handles as part of normal bank customer due diligence requirements.

The CBN in its response to the suit, filed a notice of preliminary objection, challenging the competence of the suit. The apex bank also disagreed that the said regulation constitutes any interference with the private life of the applicant, as claimed.

The judgment came as Justice Dimgba dismissed a suit, stating that the notice of preliminary objection held merit and consequently struck out the case.

During the proceedings, Justice Dimgba emphasised that providing a social media handle is akin to furnishing email addresses, phone numbers, and other contact details for banking purposes.

He argued that such information aids in conducting due diligence to ascertain if an individual is suitable for conducting business with a bank.

Justice Dimgba further explained that the essence of having a social media account implies a willingness to engage in public communication, thus rendering privacy concerns unfounded.

According to him, “First, the Applicant claims that the requirements on the CBN Regulations for financial institutions to request and collect the social media handle of its customers as part of KYC infringes on his right to privacy.”

“This claim is very ambitious and amounts to a very far throw. The said Regulations are directed to and apply to financial institutions. It does not apply to private individuals such as the Applicant.

“Even if, as appears to be argued, that the Regulations itself would inevitably affect the Applicant, this claim is speculative for the simple reason that in nowhere in the affidavit in support was it stated that the Applicant operates an account with a financial institution and that the said institution had demanded his social media handle. So the suggestion that he would be affected by this Regulation, albeit negatively, is very speculative and at large.

“Secondly, there is also no deposition to the effect that any financial institution had begun to implement this Regulation and that its implementation had begun to create disruptions and inconvenience against the general population, in which case one could infer that the suit should be legitimated as a public interest litigation.

“Thirdly, assuming even that the banks had begun to implement these regulations, the applicant assuming he maintained any bank accounts or sought to open one, but is being hindered or irritated by the requirement of the Regulation to avail his social media handle as part of KYC, the Applicant still had a choice, which is to refuse to do business with any bank insisting on the information as part of its social media handle, but to seek other alternatives.

“Fourthly, and for all it is worth, I do not see how asking a banking or potential banking customer to provide his social media handle can ever amount to a breach of privacy.

“Granted that Section 37 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) provides inter alia: The privacy of citizens, their homes, correspondence, telephone conversations and telegraphic communications is hereby guaranteed and protected.

“My view is that the provision of a social media handle is of the same genre as the provision of email address, phone numbers and other means by which a potential customer of a bank can be contacted.

“Thus, it is clear from the face of the Regulations as set out above that email addresses, phone numbers and social media handles are all provided for under clause 6iv just to show that the aim was not to pry on anyone but rather to provide alternative ways by which a customer of the bank can be contacted, and or due diligence conducted on the person to determine if the person is a fit and proper person to extend banking services to.

“I do not see how this infringes on the right to privacy. I should even say that the essence of having a social media account was for one to be publicly visible communication-wise. It, therefore, appears quite ironic, though wryly, that one can suggest that asking for information about a social media handle with which the individual exposes and immerses himself or herself in the public, can amount to a violation of privacy rights, which rights itself is all about isolation of one from public glare.

“It is also to my knowledge that even in filling some business applications, personal information of this sort, is sometimes requested, and parties generally oblige. If it does not constitute a breach of privacy, why should it now?

“A social media handle is left at large for the world to see, being in the public space, everyone enjoys the liberty to have access to it whether or not consent was obtained. It would be highly unreasonable to hold the Respondent in breach of privacy for what other persons have access to.

“The apprehension of the Applicant of his social interactions being monitored is manifestly speculative in itself and rather incredulous to believe that the financial institutions have the luxury of time to concern itself with such frivolities.

“On the whole, if I did not sustain the NPO, I would have dismissed the suit for the reasons stated. But the NPO having been sustained, the suit is therefore hereby struck out.”

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N1.3trn power debt: Tinubu approves payment, unveils plan to liquidate gas debts

Published

1 day ago

May 17, 2024

NewsDirect

President Bola Ahmed Tinubu has given approval for the payment of N1.3trn legacy debts owed power generation companies.

Minister of Power, Chief Adebayo Adelabu speaking at the 8th Africa Energy Market Place 2024 in Abuja said that President Bola Tinubu has approved a plan to liquidate the debts.

According to him, “Mr. President has approved the submission made by the Minister of State Petroleum (Gas) to defray the outstanding debts owed to the gas supply companies to power generation companies. The payments are in two parts, the legacy debts and the current debts. For the current debt, approval has been given to pay about N130 billion from the gas stabilisation fund which the Federal Ministry of Finance will pay.”

“The payment of the legacy debt will be made from future royalties in exchange for incomes in the gas subsector which is quite satisfactory to the gas suppliers. This will allow the companies to enter into firm contracts with power generation companies.

“For the power generation companies, the debt is about N1.3 trillion and I can also tell you that we have the consent of the President to pay, on the condition that the actual figures are reconciled between the government and the companies. This we have successfully done and it is being signed off by both parties now. Majority has signed off and we are engaging to ensure that we have 100 percent sign off.

“The debt will be paid in two ways, immediate cash injection and through a guaranteed debt instrument, preferably a promissory note. This assures the companies that in the next three to five years, the government is ready to defray these debts.”

The Minister further stated that the government was working to get the distribution companies solvent and effective by unbundling their operations along state boundaries.

He insisted that the areas covered by the current DisCos were too large for them to deliver effective services to consumers.

In the same vein, the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Sanusi Garba lamented the poor financial state of the DisCos, noting that it is difficult for them to raise the needed capital to invest.

Engr. Garba pointed out that the challenges facing the sector were a culmination of all past inactions and missteps by those saddled with the responsibilities of managing the sector both at policy and operational levels.

According to him, “Today when you look at distribution companies they are clearly and technically insolvent, and you also want them to raise capital in terms of debt or equity. It’s a Herculean task. I also want to mention that implementing the power sector reform requires very strong political will to implement decisions that impact on the wider public.”

However, the African Development Bank (AfDB) disclosed that it has so far spent over $450 million to support various power sector projects and programmes with another $1 billion planned to support the power sector reform effort by the government.

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Emirates Airline to resume Lagos-Dubai flights October 1

Published

1 day ago

May 17, 2024

NewsDirect

Emirates Airline has disclosed that it will resume services to Nigeria from October 1, 2024, operating a daily service between Lagos and Dubai.

This development was announced in a statement on Thursday by the airline, which has its hub in the United Arab Emirates (UAE).

The airline disclosed that flight services will be operated using a Boeing 777-300ER.

“We are excited to resume our services to Nigeria. The Lagos-Dubai service has traditionally been popular with customers in Nigeria and we hope to reconnect leisure and business travellers to Dubai and onwards to our network of over 140 destinations.

“We thank the Nigerian government for their partnership and support in re-establishing this route and we look forward to welcoming passengers back onboard,” Emirates’ Deputy President and Chief Commercial Officer, Adnan Kazim, said.

Recall that Emirates Airlines had suspended its Dubai-Lagos flights in 2022 over its inability to repatriate trapped funds in Nigeria in the heat of the diplomatic row between the two countries.

This comes after Festus Keyamo, Minister Of Aviation And Aerospace Development in a post on his X (formerly Twitter) page had disclosed that he got correspondence from Emirates Airline when he visited Salem Saeed Al-Shamsi, ambassador of the United Arab Emirates (UAE) in Abuja.

”Yesterday, I paid a working visit to the Ambassador of the UAE to Nigeria, His Excellency, Salem Saeed Al-Shamsi at the UAE Embassy in Abuja. He handed me a correspondence from the Emirates Airline indicating a definite date for their resumption of flights to Nigeria,” Keyamo said.