metro
$1bn military helicopters: US trainers to spend two years in Nigeria, security experts hail move
The United States Government has said the implementation of its proposed sale of 12 AH-1Z Cobra attack helicopters to Nigeria will require the deployment of three of its representatives or those of the contractors to reside in the country for two years for the purposes of training and logistics.
The US Defence Security Cooperation Agency, on Thursday, said in a statement on its website titled, ‘Nigeria – AH-1Z Attack Helicopter Related FMS Acquisitions’, that the notice of the potential sale was required by law and that Congress had been notified of the possible transaction.
It said the State Department had “made a determination approving a possible foreign military sale to the Government of Nigeria of AH-1Z attack helicopter related FMS acquisitions and related equipment for an estimated cost of $997m.”
The statement named the principal contractors as Bell Helicopter, Textron, Fort Worth, TX; and General Electric Company, Lynn, MA, saying the proposed sale would better equip Nigeria to contribute to shared security objectives, promote regional stability and build interoperability with the US and other western partners.
The United States Government has said the implementation of its proposed sale of 12 AH-1Z Cobra attack helicopters to Nigeria will require the deployment of three of its representatives or those of the contractors to reside in the country for two years for the purposes of training and logistics.
The US Defence Security Cooperation Agency, on Thursday, said in a statement on its website titled, ‘Nigeria – AH-1Z Attack Helicopter Related FMS Acquisitions’, that the notice of the potential sale was required by law and that Congress had been notified of the possible transaction.
It said the State Department had “made a determination approving a possible foreign military sale to the Government of Nigeria of AH-1Z attack helicopter related FMS acquisitions and related equipment for an estimated cost of $997m.”
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The statement named the principal contractors as Bell Helicopter, Textron, Fort Worth, TX; and General Electric Company, Lynn, MA, saying the proposed sale would better equip Nigeria to contribute to shared security objectives, promote regional stability and build interoperability with the US and other western partners.
Meanwhile, the statement pointed out that the cost of the equipment could eventually reduce, depending on certain variables, adding, “The description and dollar value is for the highest estimated quantity and dollar value based on initial requirements. Actual dollar value will be lower depending on final requirements, budget authority, and signed sales agreement(s), if and when concluded.”
Security experts hail move
Some security experts, who spoke with Saturday PUNCH on Friday, hailed the proposed acquisition, saying it could be a game-changer in the onslaught against terrorists. They said it would also enhance the capability of the military to deal decisively with the bandits-turned-terrorists, especially since the authorities appeared unwilling to deploy the Super Tucano jets against them.
According to the Defense Security Cooperation Agency, the sale includes the Bell-made Cobras; 28 General Electric-made T700-401C engines (24 installed, four spares); 2,000 Advanced Precision Kill Weapon System used to convert unguided missiles into precision-guided missiles; M197 20mm machine gun; Night Vision Cueing Display; commercial variant GPS with Standard Positioning Service; communication equipment; electronic warfare systems; AN/AVS-9 Aviator’s Night Vision Imaging System and targeting and navigation systems. It also includes $25m for institutional and technical assistance to the Nigerian Armed Forces.
Reports had indicated that the US State Department approved the sale of military hardware to Nigeria after lawmakers lifted their objections over human rights concerns.
An intelligence and security risk management consultant, Kabir Adamu, noted that the nature of the threat elements in Nigeria required air capability that was ideal for urban warfare and precision-style interdiction attacks.
“These two requirements can be met by combat helicopters. This is in addition to meeting the requirement for rapid response as part of a light force capability that all modern military and security forces should have. I, therefore, welcome this acquisition and see it as a possible game-changer in the current conflict dynamics in the country,” he stated.
Adamu noted that drones would be a good addition to the military arsenal, both for intelligence gathering and the fact that there were multiple theatres of conflict the military was engaged in.
A former Director of the Department of State Services, Mike Ejiofor, said the attack choppers were good, but they must be put into effective use, especially in the North-West and North-Central, where there had been massive kidnappings and killings since the terrorists relocated from the North-East.
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He added, “Who knows when it is coming? If it’s something that is ready for delivery soon, it is fine. But the question is; where are the Tucano jets we bought earlier? However, they should help us in operating these platforms. We also need effective drones.
“The greatest challenge we have is that we can’t quickly locate them (terrorists) when they are coming; the Air Force could bomb them on their way, but that has not happened. What they have been doing is to come within an area view and tell us that a number of persons have been killed.”
The Chief Executive Officer, Agent X Security Limited, Timothy Avele, also said the choppers and drones would help in the fight against terrorism.
He said, “It’s a good move. I will advise that they should be used mainly as a quick response force immediately. They should be used especially in Kaduna, Niger Katsina, Zamfara and Sokoto states, and other emerging volatile zones. It should be noted that, for better results, long endurance, all-weather drones for 24/7 aerial surveillance and monitoring must be used to complement these helicopters and of course, human intelligence is necessary too.”
A retired US Army Captain and security consultant, Bishop Johnson, said the Nigeria Air Force must be careful with the deployment of the attack helicopters to minimise collateral damage.
He stated, “With these kinds of military packages from the United States, they are usually very specific on how this equipment, especially aircraft, should be deployed. The most important factor they usually consider is that the aircraft is not used against innocent Nigerians and is not used to commit human rights violations.
“Other than that, I think they should be deployed where necessary and where they can add value to the Nigerian Air Force to tackle the security challenges Nigeria is facing right now.”
He said the Air Force had in recent times been more careful not to kill innocent persons, noting that the deployment would normally be based on operations and intelligence received.
Another security expert, Oladele Fajana, urged the military to ensure that the rights of people were not violated and that innocent persons were not killed.
“Without getting rid of these terrorists, Nigeria will not have peace; so, if those things can be hastened and delivered to Nigeria, they should be deployed immediately, because this war is not a conventional one. The enemies are within. The security personnel alone can no longer fight this war. We need technology. If deployed, they’re going to help,” he stated.
Also, a security consultant, Mr Yemi Adeyemi, said the military would need to exercise care in the way it handles the fighter helicopters when they finally arrive in Nigeria. “The Air Force should be careful so they don’t harm innocent lives. It is a delicate matter, which is why they should always be trained and retrained on how to tackle this war,” he added.
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However, a Fellow of the International Institute of Professional Security and certified golden member of the International Security Association, Switzerland, Jackson Olalekan-Ojo, said all the government needed was the political will to flush out terrorists from Nigeria and not the acquisition of fighter helicopters.
He stated, “With these kinds of military packages from the United States, they are usually very specific on how this equipment, especially aircraft, should be deployed. The most important factor they usually consider is that the aircraft is not used against innocent Nigerians and is not used to commit human rights violations.
“Other than that, I think they should be deployed where necessary and where they can add value to the Nigerian Air Force to tackle the security challenges Nigeria is facing right now.”
He said the Air Force had in recent times been more careful not to kill innocent persons, noting that the deployment would normally be based on operations and intelligence received.
Another security expert, Oladele Fajana, urged the military to ensure that the rights of people were not violated and that innocent persons were not killed.
“Without getting rid of these terrorists, Nigeria will not have peace; so, if those things can be hastened and delivered to Nigeria, they should be deployed immediately, because this war is not a conventional one. The enemies are within. The security personnel alone can no longer fight this war. We need technology. If deployed, they’re going to help,” he stated.
Also, a security consultant, Mr Yemi Adeyemi, said the military would need to exercise care in the way it handles the fighter helicopters when they finally arrive in Nigeria. “The Air Force should be careful so they don’t harm innocent lives. It is a delicate matter, which is why they should always be trained and retrained on how to tackle this war,” he added.
However, a Fellow of the International Institute of Professional Security and certified golden member of the International Security Association, Switzerland, Jackson Olalekan-Ojo, said all the government needed was the political will to flush out terrorists from Nigeria and not the acquisition of fighter helicopters.
PUNCH
metro
CBN fines bank found hoarding cash N150m
CBN fines bank found hoarding cash N150m
The Central Bank of Nigeria (CBN) has imposed a N150 million fine on a commercial bank for failing to dispense cash through its Automated Teller Machines (ATMs).
This action follows an unannounced inspection by the apex bank, which uncovered deliberate cash hoarding and ATM manipulation by the erring bank.
Sources within the CBN revealed that the sanctioned bank was caught disabling its ATMs, thereby denying customers access to their funds while prioritizing cash disbursements to select VIP clients.
A staff member of the CBN stressed that the apex bank would not tolerate such practices.
“The Bank will not spare any Deposit Money Bank (DMB) caught in the act of hoarding cash or found favoring VIP customers over other customers,” the official stated.
To this end, the CBN has intensified spot checks on banks nationwide, exposing various illicit cash-handling practices by some unscrupulous financial institutions.
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For now, the CBN is imposing financial penalties on defaulting banks. However, according to the official, the next phase of enforcement will include publicly naming and shaming offending banks and prosecuting implicated bank officials.
“This fine is just the beginning. The CBN is determined to hold banks accountable for any actions that undermine public trust and the integrity of the banking system,” the official added.
Despite the ongoing challenges, the CBN has reiterated its commitment to promoting cashless banking in the country.
Another senior official disclosed that the apex bank’s management is intensifying efforts to encourage the use of electronic channels for transactions.
“The frustration faced by account holders is undermining our push for a cashless economy. We are doubling down on initiatives to restore public confidence in electronic banking solutions,” the official said.
CBN fines bank found hoarding cash N150m
metro
Three days to Christmas, food prices, transport fares hit the roof
Three days to Christmas, food prices, transport fares hit the roof
According to the Universal Declaration of Human Rights ,UDHR, Article 25(1), everyone has the right to standard of living adequate for their health and well-being, which includes access to food, clothing, and housing.
Similarly, the International Covenant on Economic, Social and Cultural Rights ,ICESCR, Article 11 emphasizes the right to an adequate standard of living, including sufficient food.
Furthermore, the Covenant recognizes the fundamental right to be free from hunger and advocates for measures both individual and international to eliminate hunger.
It is widely acknowledged that inadequate food availability can lead to health issues, as food is as essential to health as air is to breathing.
The situation is exacerbated by the rising costs of healthcare, which are increasingly out of reach for many due to ongoing inflation.
Difficult situations
In Nigeria, harsh economic conditions are forcing households into difficult situations, with many going to bed hungry due to skyrocketing food prices. With Christmas just three days away, our correspondents visited local food markets in Lagos and Abuja to see how citizens are coping with the rising cost of goods and services.
In the locations, buyers and sellers expressed their frustrations over the increasing prices of food items.
At Agric Market in Ikorodu, Mummy Somto, lamented that she had never witnessed such high prices in her lifetime.
She noted that a chicken that cost N15,000 last year now sells for N35,000, with only older layers available for N15,000.
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“What will that do for my family? We have never seen it like this in Nigeria. I hope this hope is the hope,” she said.
At Mile 12 International Market, trucks filled with perishable goods such as tomatoes, peppers, onions, cucumbers, potatoes, carrots, cabbages, and other vegetables were lined up for unloading while eager buyers waited nearby.
When asked about the high prices despite the abundance of food, truck owner Alhaji Shehu, explained that the situation arose from expenses related to diesel, farm security, police and military checkpoints before reaching Lagos.
He mentioned spending between N500,000 and N800,000 per truck, which inevitably raises prices.
“This is our business, and we are not pleased with the high costs either. If I sell my goods, I still need to buy what I don’t sell. It’s suffocating us. I also commend the buyers,” Shehu added.
Bags of rice
Mrs. Bukky Osagie, a rice vendor at Mike 12, shared her concerns about escalating prices: “Last December, a bag of rice was between N65,000 and N70,000. Today, it’s from N95,000 depending on the brand. Traders are exhausted. People are buying half bags because they can’t afford full ones. They also need to buy additional items. How do people survive this trend? This has to stop if the government truly cares for its citizens.”
At Daleko Market, Mrs. Hannah, was seen pricing vegetable oil when she declared, “Whether the devil likes it or not, we will celebrate with our families and share love during this season. We will just have to adjust our spending according to our means.”
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As of the time of filing this report, a 25-liter container of vegetable oil was selling for between N86,000 and N95,000 depending on the brand.
Garri was priced at N56,000, while Ijebu Gaari was N58,000.
A carton of satchel tomatoes ranged from N8,800 to N9,200 while a pack of spaghetti cost N23,000.
70 grams of noodles were priced between N9,800 and N10,500. A roll of curry or thyme sold for N550 each, while small bulbs of onion reached as high as N200, making them almost unaffordable for many.
Christmas cheer
In Abuja, soaring food prices and steep transportation costs are casting a shadow over Christmas celebrations for many families.
The cost of essential holiday items, such as poultry, has surged, with chickens priced between ¦ 15,000 and ¦ 25,000, and turkeys reaching up to ¦ 130,000 in some markets.
Sunday Vanguard learned that rising feed prices, transportation costs, and supply chain disruptions are driving these increases.
Additionally, a 50-kg bag of rice now costs between ¦ 94,000 and ¦ 125,000, a significant leap from previous months.
Transportation fares have also skyrocketed, with transport fare from Abuja to major cities such as Lagos, Port Harcourt, and Enugu increasing from 15 percent to 35 percent in the past month.
For instance, a trip from Abuja to Lagos by road, which previously cost ¦ 28,000–¦ 35,000, now ranges between ¦ 46,500 and ¦ 60,000.
Three days to Christmas, food prices, transport fares hit the roof
VANGUARD
metro
Three Ogun varsity students die in auto crash
Three Ogun varsity students die in auto crash
The Police Command in Ogun State has confirmed the death of three university students in a single-vehicle accident on the Ilisan-Ago-Iwoye Road.
In a statement issued on Saturday, the command’s spokesperson, SP Omolola Odutola, revealed that the victims were suspected to be students of Olabisi Onabanjo University (OOU), Ago-Iwoye.
The incident, which occurred around 3:30 p.m. on Friday, involved an Opel car with registration number AAA-126 HE. The vehicle was reportedly driven by Adekunle Adebiyi, a resident of 5 Sunmibare Street, Awa Ijebu.
“The accident was caused by overspeeding, leading to the driver losing control and the vehicle flipping into the bush,” Odutola explained.
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She further disclosed that one male passenger, whose identity is yet to be confirmed but is believed to be an OOU student, died on the spot. His body was taken to the mortuary at General Hospital, Ijebu Ode.
“Two female students from Olabisi Onabanjo University — Dada Oluwanifesimi, 18, and Miracle Daniel, 19 — were rushed to Love and Care Hospital but sadly passed away while receiving treatment,” she added.
The vehicle involved in the crash has been recovered and is now in police custody.
Odutola assured the public that further updates on the tragic incident would be provided and advised motorists to adhere to traffic regulations, particularly during the festive season.
Three Ogun varsity students die in auto crash
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