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Alleged treason charge: FG, LP fight over Peter Obi’s leaked audio conversation

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…LP debunks allegations, says Obi law-abiding, peaceful

…I never discussed or encouraged anyone to undermine Nigeria  — Obi reacts

…I neither confirmed nor admitted leaked conversation — Spokesperson

By Sodiq Adelakun

The Federal Government has accused a major opposition leader of treason; weeks after the candidate of the ruling party won a fiercely contested presidential election.

More controversies trailed the accusation of presidential candidate of the Labour Party, Peter Obi, of inciting people to violence over the outcome of the presidential elections, saying it is treasonable.

The Minister of Information and Culture, Mr Lai Mohammed had warned Peter Obi, presidential candidate of the Labour Party (LP), against inciting violence over the outcome of the presidential elections.

Recall that Obi came third in the 25 February presidential election won by Bola Tinubu of the ruling APC.

Obi and Atiku Abubakar who came second are, however, challenging the results of the election in court, saying the election and result collation was flawed. Both men have publicly called on their supporters to refrain from violence while they challenge the results in court.

Meanwhile, reports revealed that Mr Mohammed is in Washington to engage with international media organisations and Think-tanks on the just concluded 2023 polls.

During the respective interactions with the media organisations, the Minister said it was wrong for  Peter Obi on one breadth to seek redress in court over the outcome of the polls and on another breadth incite people to violence.

“Obi and his Vice, Datti-Ahmed cannot be threatening Nigerians that if the President-elect, Bola Tinubu of the All Progressives Congress (APC) is sworn in on May 29, it will be the end of democracy in Nigeria.

“This is treason. You cannot be inviting insurrection, and this is what they are doing.

“Obi’s statement is that of a desperate person, he is not a democrat that he claimed to be.

“A democrat should not believe in democracy only when he wins election,” he said.

The Minister said in challenging the election results, there was no pathway to victory for either Mr Obi or Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP).

According to the minister, both  Obi and Atiku failed to meet the constitutional requirements to be declared as president.

“The constitution has stringent criteria for anybody who wants to be president of the country.

“Not only must he have the plurality of votes cast in an election, he must also have scored one-quarter of votes cast in at least 25 states.

“Only the president-elect met the criteria by scoring 8.79 million votes and having one-quarter of all the vote cast in 29 states of the federation,” he said.

The Minister said Atiku came second with 6.9 million votes but was only able to make one-quarter of the votes cast in 21 states.

Meanwhile, Obi and Atiku are currently in court to challenge the results of the 25 February presidential election.

Elaborating on his mission to the U.S., Mr Mohammed said he was there to correct the negative narratives being promoted by naysayers and opposition to the election.

He said the opposition, having lost in the election, was alleging fraud, calling for its cancellation and constitution of an interim government.

“We have come here to balance that skewed narrative and to tell the world unambiguously that the just concluded general elections in Nigeria are the fairest, most transparent and authentic in the history of Nigeria.

“The election is the most fair and credible because of the introduction of Bimodal Voters Verification System (BVAS) which I regard as a game changer.

“BVAS technology had helped to weed out ghost and illegal voters, eliminate multiple voting and return sanity to the elections,” Mr Mohammed said.

Relying on the INEC report, the Minister said BVAS, during the polls, worked 97 per cent giving unparalleled credibility to the elections.

LP debunks allegations, says Obi law-abiding, peaceful

Meanwhile, the Labour Party (LP) has denied the allegation by the Federal Government that its presidential candidate, Peter Obi, incited Nigerians to violence over the outcome of the presidential election.

In a statement on Tuesday, the LP National Chairman, Julius Abure, said Obi is a law-abiding and peaceful person, stressing that the accusation against the former Governor of Anambra was to tarnish his image.

Abure stated that despite the fact that the election was provocatively rigged, the LP flagbearer has decided to be peaceful and to follow the part of justice. He added that the admonishing to Obi was done in bad faith.

The LP Chairman said it was the party and its candidate that was attacked in Lagos, in Port Harcourt and all other states in the federation, adding that it has continued to be peaceful.

He alleged that the spokespersons of the All Progressives Congress (APC) have engaged in “provocative utterances to cause chaos” and the government has failed to accuse them of a treasonable act.

He said, “My attention has been drawn to a media report accredited to the Minister of Information and Culture, Alhaji Lai Muhammed to the effect that the presidential candidate of the Labour Party, Peter Obi is inciting people to violence.

“The Minister of Information and Culture, Alhaji Lai Mohammed who was on a familiarisation tour of misinforming the international community of the true political situation in Nigeria yesterday during his official engagements with some international media organisations in Washington DC admonished Mr Obi for weeping up sentiments across Nigeria.

“The Minister who engaged respectively with the Washington Post, Voice of America, Associated Press and Foreign Policy Magazine said it was wrong for Obi on one breadth to seek redress in court over the outcome of the polls and on another breadth inciting people to violence.

“Let me state categorically that there is no basis for that admonition. Our presidential candidate is a peaceful and law-abiding person. Despite the fact that the election was provocatively rigged, he decided to be peaceful and to toe the part of justice.

“In spite of all pressures from our supporters to move into the street to protest the outcome of the general election and to reclaim the mandate freely given to our candidate by the people, he has decided to calm the nerves in order to give the judicial process a chance.

“The presidential candidate of the Labour Party is the only candidate whose campaign was issues based. In spite of all provocation, it was the Labour Party and its candidate that was attacked in Lagos, in Port Harcourt and all other states in the federation. But we have continued to promote peace.

“Therefore, for the Minister of Information and Culture to be admonishing our Presidential Candidate, was done in bad faith. We, therefore, caution the Minister to desist from such utterances.

“It is our considered opinion that it is even the APC through their spokespersons and all others who have been engaged in provocative utterances in order to cause chaos that should be admonished. The admonition is largely for APC themselves, their spokespersons and their officials.”

Recall that an audio clip released by online newspaper, Peoples Gazzete, has set social media on fire since Saturday.

In the audio, Obi was heard begging Oyedepo to help him mobilise Christian voters ahead of the election, especially those in the North Central states of Kwara, Kogi and Niger, declaring the election was a religious war.

The former Governor of Anambra State was repeatedly heard saying, ‘Yes Daddy,’ while the conversation lasted.

“Daddy, I need you to speak to your people in the South-West and Kwara, the Christians in the South-West and Kwara. This is a religious war. Like I keep saying: if this works, you people will never regret the support,” he said in the audio.

The audio generated so many reactions, not just on social media. While his supporters claimed the audio was doctored, Obi’s media team gave different accounts on the leaked conversation.

I never discussed or encouraged anyone to undermine FG  — Obi reacts

But the presidential candidate, who has a large following on the microblogging site, returned yesterday to congratulate the winner of an academic prize.

Hours after this, he reacted to the audio and the claim of Minister of Information, Lai Mohammed, who accused him of treason.

“In the past few days, I have observed various campaigns of calumny directed at my person, with the latest being allegations attributed to the information Minister, Lai Mohammed from Washington DC.”

“It is most unfortunate that these consistent efforts to portray me quite contrary to what I am, and my core values, is coming from such high quarters. Minister Lai accusing me of stoking insurrection is totally malicious and fictitious.

“I have never discussed or encouraged anyone to undermine the Nigerian state; I have never sponsored or preached any action against the Nigerian state. Those initiating these actions have increasingly used their official positions and agents to make false allegations against me.”

I neither confirmed nor admitted leaked conversation — Spokesperson

However, in a statement via Instagram yesterday, Kenneth, the Spokesperson said his earlier statement neither confirmed, admitted, or denied the leaked conversation.

According to him, the speculation that he confirmed the audio is the words of propagandists, stressing he simply analysed the content of the conversation.

He added that the party is more concerned about recovering its mandate in court and ushering in a new Nigeria.

He said, “I don’t normally respond to the tweets and chats of ignorant men like a lot of people have been issuing out since the purported audio tape was released by whoever but this may keep them perpetually ignorant.

“Let me educate their ignorance. Go back and read my chat or tweet and check whether you will see confirmation or admission or denial. Those are their words and that of their propagandists, not mine. I simply analyzed the contents of the conversation and found absolutely nothing wrong with it. It’s immaterial whether it is anybody’s voice or not. Not that I care whether anybody said I confirmed or not, that’s their business.

“I am rather full of joy that before long, we will recover our mandate that will usher in a new Nigeria. Keep faith alive my friends, God is in control. Love you all.”

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Currency manipulation: SEC to delist Naira from P2P platforms

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…Vows to support digital assets players contributing to economic growth

By Matthew Denis, Abuja

In a strategic move to curb  the Vows to support digital  assets players contributing  to economic growthe manipulation of the Naira in the Fx market and strengthen the currency, the Securities and Exchange Commission (SEC) has revealed plans to delist the Naira from peer to peer (P2P) platforms.

This was stated by Acting Director General of the SEC, Dr. Emomotimi Agama during a virtual meeting with the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), the umbrella body of all major blockchain and cryptocurrency Associations in Nigeria, Monday.

Agama stated that one of the things that needs to be done is delisting the naira from P2P space in order to avoid the level of manipulation that is currently happening enjoining participants in the crypto space to be patriotic enough to name and shame those that are involved in disrupting the markets negatively.

“I want to seek your cooperation in dealing with this as we roll out in the coming days the regulations that would take control of these areas. We want to assure that this management will ensure that people or institutions that require registration with the SEC are quickly licenced. We assure you that we will give guidance when necessary and do well to streamline the processes to make it less difficult.

“We ask that those involved in sharp practices that undermine national interest should cease and desist. It is in our interest as a people to protect what belongs to us. We encourage you to reach out to us by naming and shaming the bad actors. Together, I am confident that we can weed out bad actors and harness the immense potential of this progressive technology for the benefit of all Nigerians in tandem with this government’s renewed hope agenda,” he added.

Agama stated that the SEC Nigeria will not hesitate to utilise all the powers within its mandate to handle issues that are negative and pose a threat to national interest saying that the Commission has come as a partner to seek collaboration in making sure that the capital market community is one that is respected globally for decency and fair play.

The SEC boss said the recent concerns regarding crypto P2P traders and their perceived impact on the exchange rate of the Naira has underscored the need for collective action and dialogue within the financial market ecosystem.

He said, “There are basic practices as enshrined in the Investments and Securities Act 2007 and we expect that everyone will abide by those rules. Some may say there are no rules to play by, but do not forget that we have the Investments and Securities Act 2007 that some actions by participants today may be violating, hence the law is the law irrespective of the technology used.

“However, for the specific Digital Asset regulatory regime that many have been calling for, we want to assure you that we are working tirelessly to establish an accommodating regulatory guideline for digital assets. The SEC as your regulator is desirous to work with you by providing a level of assurance that is needed by all that are operating within the rules of the market.”

The DG stated that the proposed regulatory guidelines which is currently being fine-tuned with suggestions by various stakeholders, will encompass various activities within the cryptocurrency ecosystem ranging from Wallet providers, digital asset custodians and fund managers, Cryptocurrency Crowdfunding, Initial Coin Offerings (ICOs), Security Token Offerings (STOs), Initial Exchange Offerings (IEOs), Cryptocurrency Exchange platform providers, Virtual Asset brokerage services etc., ensuring that every Nigerian playing within the industry with the potential to contribute to economic progress is included, supported and properly regulated.

“I am poised for an innovative digital asset regulatory regime that will sustain Nigeria as Africa’s Digital Asset Powerhouse with diverse solutions like Real World Asset Tokenisation (RWA) that will drive wealth and catalyse our capital market. We must explore innovative solutions to this problem and strike the right balance between encouraging innovation and safeguarding our national economic interests. This we will do in a friendly and firm manner, to enable us to achieve the desired result.

“We have a great market ahead of us and we have the talents and the people to make the market great.  Mr. President is concerned about the teeming youths involved in this space and would encourage them to do the right thing and develop an ecosystem that we all will be proud of. It becomes necessary that we do what is right. Manipulations and all forms of activities that undermines our national interest would not be acceptable. It is therefore very important that we know that the SEC by virtue of the Section 13 of the ISA speaks to the regulation of all capital market activities.”

Agama expressed his gratitude to the leadership of the Blockchain Industry Coordinating Committee of Nigeria (Biccon) the umbrella body of all major blockchain and cryptocurrency Associations in Nigeria, and assured them of the commission’s readiness to work closely with all stakeholders in the cryptocurrency ecosystem to create a better country for all.

“With our deep understanding of this industry and the cryptocurrency sub sector, we recognise the importance of collaboration and cooperation in addressing the challenges we face; hence your insights and suggestions are invaluable as we seek to navigate these complexities together. We need your support as much as you need ours.

 ”On that note, I want to emphasise that we are working on different fronts to sustain decent practices within our market, however, we are here to meet ourselves to know those playing within the sector decently and are open to hearing your suggestions on how we can effectively manage all obscure cryptocurrency trading activities within our jurisdiction p2p inclusive irrespective of the challenge we all know that p2p trading posses.

“We must explore innovative solutions to this problem and strike the right balance between encouraging innovation and safeguarding our national economic interests. This we will do in a friendly and firm manner, to enable us to achieve the desired result.”

Responding, the Chairman of the Fintech Association of Nigeria Dr. Babatunde Oghenobruche Obrimah commended the Director General for his bold steps and the relationship with the ecosystem and pledged their commitment to work with the DG and grant him all the support that will help him succeed in sanitising the virtual ecosystem.

On their part, BICCoN requested the setting up of a working group to tackle the various challenges facing the crypto space and in a bid to move the market forward.

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No plan to establish foreign military base in Nigeria — Minister

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The Minister of Information and National Orientation, Alhaji Mohammed Idris has clarified that the Federal Government has no plans to approve the establishment of foreign military bases in the country.

Idris made this known in a statement on Monday following widespread rumours of a proposed military outpost of foreign countries in Nigeria.

Reacting in a statement, the Minister said, “The Federal Government is aware of false alarms being raised in some quarters alleging discussions between the Federal Government of Nigeria and some foreign countries on the siting of foreign military bases in the country.

“We urge the general public to totally disregard this falsehood.

“The Federal Government is not in any such discussion with any foreign country. We have neither received nor are we considering any proposals from any country on the establishment of any foreign military bases in Nigeria.

“The Nigerian government already enjoys foreign cooperation in tackling ongoing security challenges, and the President remains committed to deepening these partnerships, with the goal of achieving the national security objectives of the Renewed Hope Agenda.”

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Electricity tariff: DisCos announce downward review of N206.80/kwh

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…As IBDEC, Ikeja Electric announce reduction in tariff

The Nigerian Electricity Regulatory Commission (NERC) has approved a downward review of electricity tariff for Band ‘A’ customers from N225/kWh to N206.80/kwh.

Under the approved review, Band ‘A’ customers who were previously charged N225/Kwh are now to pay N206.80/kwh.

The band’s customers are those who enjoy a daily supply of a minimum of 20 hours.

The review of the tariff was announced in Abuja on Monday by a notice issued by the management of Abuja Electricity Distribution Company (AEDC).

The notice read, “We are pleased to share with you the revised tariff for our Band ‘A’ feeders,  which will decrease from N225/kwh  to N206.80 effective May 6.

“We assure customers on our Band ‘A’ feeders of continued availability of electricity supply for 20-24 hours daily.

“Please note that the tariffs for Band B, C D and E remain unaffected.”

Meanwhile, the Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory.

This review followed the directive by the Nigerian Electricity Regulatory Commission (NERC) to review downward tariffs for band A customers only.

Lead, Media Relations, IBEDC, Mrs Busolami Tunwase, told newsmen that the new tariff was with effect from  May 4.

“Customers using prepaid meters will be the first to experience the revised tariff – N206.80/Kwh whenever they vend this month of May.

“While for Post-paid customers, the revised tariff will reflect in the electricity bills to be receive at the end of May 2024,” she said.

Tunwase said that the tariffs for band B,C,D and E remains unchanged.

She assured the customers that IBEDC remain unequivocally committed to ensuring quality and improved service across our franchise.

Also, Ikeja Electric Distribution Company has announced reduction of electricity tariff for customers on Band A from N225/kwh to N206.80/kwh.

This is contained in a circular issued by the management of the company on Monday in Lagos.

According to the company, customers on band A will now pay N206.80/kwh, as against the stipulated N225/kwh ordered by Nigeria Electricity Regulatory Commission (NERC).

It expressed its commitment to providing 20 to 24 hours of electricity to users under the band, while stating, however, that the tariff for customers in other categories remained the same.

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