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Sanwo-Olu hails Supreme Court ruling

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…says judicial victory will spur his government to continue on trajectory of progress

Lagos State Governor, Mr. Babajide Sanwo-Olu, has hailed the ruling of the Supreme Court, which affirmed his election as Governor of the State.

The Governor said the verdict of the Supreme Court revalidated the position of Lagosians who freely cast their ballots on March 18, 2023.

He said the judicial victory will spur his government to continue on the trajectory of progress that it started in 2019, which has resulted in many achievements across many areas of lives.

Governor Sanwo-Olu in his reaction to the Supreme Court ruling made available to journalists on Friday said the victory is not just for himself and his deputy, Dr Kadri Obafemi Hamzat; it is for the rule of law, our democracy and the entire people of Lagos State.

He said: “Like I said in my acceptance speech after the results of the election were declared, there was no victor or vanquished. Our approach to governance since May 29, 2019, is a clear example of inclusive governance, which we believe in and stand for. I, therefore, invite those who are still standing on the fence to show their love for our dear state by joining the train of progressive governance. We do not profess a monopoly of ideas.

“Today’s judicial pronouncement, like those of the Lagos State Governorship Election Petition Tribunal and the Court of Appeal in Lagos, have buoyed our confidence in the country’s judicial system. We do not take it for granted.

“I commend the judges for the well-thought-out and detailed judgment. They explained the reasons that led them to their conclusions today. We thank the Supreme Court judges, as well as the Lagos State Governorship Election Petition Tribunal and the Court of Appeal judges for their firm commitment to the principle of fairness and justice.”

“I thank my political party, the All Progressives Congress (APC), that gave us the opportunity to fly its flag at the March 18, 2023 governorship election. I commend all the party leaders and members for working tirelessly to ensure APC’s victory at the polls.”

“I want to specially commend the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, Asiwaju Bola Tinubu, for deepening the country’s democracy.”

Governor Sanwo-Olu said the ruling of the apex court, which has ended the judicial process on the governorship election, will motivate his administration to continue to deliver more dividends of democracy to Lagos citizens- in line with the THEMES+ developmental agenda.”

He said: “Mr. Deputy Governor and I feel very privileged to have been elected to serve at this auspicious moment in the history of our State. We thank all Lagosians for standing by us all through this journey.”

“Let me reiterate that this judicial victory will spur our government to continue on the trajectory of progress that we started in 2019, which has resulted in many achievements across many areas of lives.”

“For us, our aim in governance is about service and ensuring that we are not distracted from all the promises we made to our people. The judgement will now allow us to accelerate our interventions to ensure that we continue to deliver more dividends of democracy to our citizens- in line with our THEMES+ developmental agenda.”

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Biden says U.S. will begin sending weapons to Ukraine

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U.S. President Joe Biden wants to start delivering of weapons and equipment to Ukraine this week.
The president said this shortly after the U.S. Senate approved billions of dollars in new aid for the country under attack from Russia.
“I will sign this bill into law and address the American people as soon as it reaches my desk tomorrow so we can begin sending weapons and equipment to Ukraine this week,” Biden said.
By passing the legislative package, which also includes billions of dollars in aid for Israel and Taiwan, the U.S. Congress has demonstrated the power of American leadership in the world, Biden added.
“We stand resolutely for democracy and freedom, and against tyranny and oppression.”
There is an urgent need for support for Ukraine, which is being subjected to relentless bombardment from Russia, Biden said.
The bill also contains aid for Israel, which has recently faced unprecedented attacks from Iran.
“This critical legislation will make our nation and world more secure as we support our friends who are defending themselves against terrorists like Hamas and tyrants like Putin,” Biden said.
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NSCDC deploys personnel to JAMB CBT centres in Anambra

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The Nigeria Security and Civil Defence Corps (NSCDC), said it has deployed personnel to ensure a hitch-free 2024 Unified Tertiary Matriculation Examination (UTME) in Anambra.

The state Commandant, Olatunde Maku, stated this after monitoring the conduct of the exams across CBT centres in Awka, on Wednesday.

Some of the centres visited are, Integral Development Konsult on Enugu/Onitsha Expressway, White House in Awka, JAMB Centre located inside JAMB office in Amawbia and Nnamdi Azikiwe University, Awka.

Others are St. John of God ICT Hub, Awka and Kachukwu Ventures Staff Development Centre, behind Government House in Awka.

The examination centres take candidates in three batches: 7 a.m., 10 a.m. and 12 p.m.

Maku said that the synergy between NSCDC and the Joint Admissions and Matriculation Board (JAMB) had yielded positive results in reducing exam malpractice.

He said that the monitoring of the centres would continue till the end of the examination period, to ensure a seamless conduct of the exercise and promote transparency.

“We are firm in our determination to protect critical national assets and infrastructure including JAMB centres.

“Which was why the NSCDC deployed personnel to JAMB CBT centres in the state to ensure security and so far they have been professional in carrying out their mandate,” he said.

Maku advised candidates writing the 2024 UTME to be law abiding and avoid being in possession of prohibited or incriminating items during the examination.

He warned unauthorised persons against loitering around designated exam centre, adding that anyone found wanting would be arrested and prosecuted.

Also speaking, Mrs Jema Iheme, JAMB Coordinator, Anambra state, commended NSCDC for their support and for ensuring security of candidates and staff at the exam centres.

Iheme said that the swift response of NSCDC to emergencies and enforcement of exam rules and regulations was contributing to a smooth and secured exam process so far.

NAN also reports that about 1.9 million candidates are expected to write the JAMB UTME, which commenced on April 19 and would end on April 29.

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Prevailing exchange rate determines duty – NCS

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The Nigeria Customs Service (NCS) says the prevailing exchange rate set by the Central Bank of Nigeria (CBN) determines its rates of import duty collection and not market forces.

The Spokesperson of NCS, Abdullahi Maiwada, said this in an interview with the newsmen on Wednesday in Abuja.

Maiwada said that importers transact their businesses in dollars, which required them to obtain “Form M” from the CBN.

NAN recalls that the Nigeria Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) had recently suggested that the collection of customs duty should be charged in Naira instead of dollars.

The President of NACCIMA, Dele Oye, made the call in response to an April 8 circular by the CBN stopping the further use of foreign currency collateral for Naira loans.

Oye had suggested that all bonafide government transactions should also be done in the country’s legal tender.

According to the NCS spokesperson, the service collect duty on imported items using the prevailing rate for its calculations, while exporters use the Nigerian Export Proceed (NXP) form to repatriate their earnings.

He said that the use of the rate was aimed at converting the value of imported items into the Naira equivalent in order to appropriately assess their worth.

“The dollar rate is being used to calculate imported goods to ensure the requisite foreign exchange earnings for the country.

“If people export, it earns us foreign exchange because they will bring dollars back to Nigeria.

“If they are bringing dollars back, when they want to export items, they need to use dollars to buy items into Nigeria,” he said.

Maiwada said that customs value was based on the cost of purchasing the imported items, which involved Cost, Insurance and Freight (CIF).

“Based on that, we will be able to arrive at the customs value, and even the evaluation involves processes at arriving at the value of the item.

“If that value is in dollars, it will be converted to Naira, and the algorithms will be applied, which determines the percentage rate of duty,” he said.

He said that algorithm referred to a set of rules or procedures used by the NCS to calculate the amount of duties and taxes payable on imported goods.

“These algorithms take into account factors such as the value of the goods, their country of origin, any applicable trade agreements or tariffs, and any exemptions or preferences that may apply,” he said.

He said that fluctuation in exchange rate affected trade processes when applied in the clearance of consignments.

According to him, trade is required to be predictable so that issues such as the calculation of landing cost of items and profits can be determined.

He said that unpredictable processes of transactions were inimical to trade facilitation.

Meanwhile, the Comptroller-General of NCS, Adewale Adeniyi, announced that in the first quarter of 2024, CBN approved 28 different exchange rates for calculation of import duty.

He said that such fluctuations resulted in an average applied exchange rate of N1,314 to the dollar in the clearance of customs goods within the quarter.

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