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I’ve no regrets probing Magu – Ayo Salami

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Justice Ayo Salami, chairman of the presidential panel investigating Ibrahim Magu, suspended chairman of the Economic and Financial Crimes Commission (EFCC), says he does not regret his appointment to serve on the panel.
Magu is being investigated over allegations of abuse of office and mismanagement of recovered assets from May 2015 to May 2020 — the time he acted as chairman of the anti-graft agency.
Magu’s lawyers have always disagreed with the panel.
In a memo on Tuesday, Salami accused the lawyers of planting reports in the media that he regretted chairing the panel.

“The reports were a figment of the wild imagination of the reporter, the two lawyers quoted as his sources and the medium that published the story,” he said.

“There was no time anything near the unthinkable scenario painted in the false story occurred in any meeting between myself and the lawyers to Magu or any other person, for that matter, since the Judicial Commission of Inquiry began its sittings.

“I have no cause to express any regret over my chairmanship of the commission, not to talk of betraying any form of emotion before anyone about it. I see my appointment to serve as the chairman of the commission of inquiry as an honour and call to service, thus my decision to accept diligently and patriotically discharge this responsibility.

“I have never appointed any of the two lawyers or any other person(s) to speak on my behalf as I can express myself without recourse to the lawyers of the persons we are probing. As an eminent jurist, who retired as the President of the Court of Appeal, I have handled much more complex cases than the current one before the commission. There is no doubt that the false reports were aimed at causing mischief and tarnishing my hard-earned reputation and integrity. I remain resolute and committed to the service of the nation and ready to champion the ideals of justice and fairness.

“I want to point out that such wild claims against me and the commission are not strange to me, given the manner in which the lawyers to Magu have been carrying on in the conduct of their client’s case before the commission. Planting such lies in the media about proceedings at the panel has been their pastime. They believe that it is by engaging in such media propaganda against the commission that their client can be easily absolved of the various allegations that have been brought against him.”

The retired president of the appeal court also said the “lies and blackmail” would not deter him and other members of the panel from discharging their duty.

He said the panel would continue its investigation of the allegations against Magu with a view to unearthing the truth and ensuring that justice is done.

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Lagos Gridlock: Fayose Takes ‘Okada’ To Avoid Missing Flight

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The Federal Airports Authority of Nigeria (FAAN) says it is working with the Lagos State Government to address the traffic gridlock on the Murtala Muhammad International Airport (MMIA) road in the state.

 

Daily Trust reports that the traffic gridlock has worsened on the airport road in recent times, forcing some travelers to resort to motorcycles in order not to miss their flights.

There were mixed reactions when the former Governor of Ekiti State, Mr. Ayodele Fayose, was sighted on a bike along the airport to catch a flight. It was not clear where the governor was heading to.

 

Our correspondent reports that many passengers on several occasions had to resort to Okada in order not to miss their flights following the hectic traffic gridlock that has become a daily occurrence especially at peak periods on the airport road.

 

The worst hit is the domestic wing of the airport as the gridlock usually stretches from Ikeja under bridge to as far as the airport tollgate.

 

When such happens, commercial motorcyclists popularly known as Okada riders usually flood the airport road, charging passengers as much as N1000 and N2000 to convey them to either the General Aviation Terminal (GAT) or the MMA2, a private terminal operated by the Bi-Courtney Aviation Services Limited (BASL).

 

Though Okada is banned on major roads in Lagos, the riders have continued to defy the law to take over the road leading to the busiest airport in Nigeria.

 

Passengers and airport users have continued to lament the daily traffic gridlock on the airport road where they spend hours commuting from the international airport to the local terminals or the popular Ikeja Under-Bridge.

 

Speaking with Daily Trust, General Manager, Corporate Communications of FAAN, Mrs. Henrietta Yakubu in a chat with Daily Trust said Okada remain banned on the airport road and vowed that the authority would continue to clamp down on the riders.

 

She, however, said the authority was working with the state government to address the gridlock on airport road while further clamping down on Okada riders.

 

Asked on what FAAN is doing on the Okada menace, she said, “Of course we are doing something. We usually arrest them and take them to the Police station. We impound their bikes. Only recently we mounted signages warning them on the use of bikes on our access roads. There’s a fee of 50k if caught.”

On the worsening gridlock, she said, “FAAN is working with the LASG to address the traffic gridlock. It starts from under the bridge and the government promised to do something.”

 

Aviation analyst, Group Capt. John Ojikutu, decried the situation, saying it was wrong for Okada to be operating a shuttle on airport service road. He charged FAAN to urgently do something about it.

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Why We Attacked Goronyo Market – Banditry Kingpin

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Bandits operating between Sokoto and Zamfara states have taken responsibility for the attack on Goronyo Market in Sokoto State, where 49 villagers were killed on Sunday, describing it as a reprisal.

 

One of the kingpins, who is close to both Kachallah Turji and Halilu Sububu – the two notorious warlords in the area – Shehu Rekeb, said the attack was carried out to avenge killings of “innocent Fulani” in the area.

Daily Trust had on Tuesday reported that the attack was a joint one with the attackers storming the market on over 100 motorcycles.

 

They surrounded the place and opened fire on buyers and sellers that led to the death of 49 people.

 

“We heard those who attacked Goronyo being described as criminals. They were not.”

 

“The president (Muhammadu Buhari) came out to say so. Those people (of Goronyo) have killed so many people, so they would have to be attacked and killed,” he said.

 

Citing the killing of some Fulani Muslim worshippers at Unguwar Lalle, Rekeb said, “When those people (Fulani) were killed, the president did not say anything but he is now coming out to react to this one.”

 

A resident had on Monday told Daily Trust that, “The recent attack could be a misplaced reprisal by ‘Yan Sakai’ because of the recent killing of 11 herders at Mamande Market in Gwadabawa Local Government Area.

 

“This outlawed group is arresting and killing Fulani men unjustifiably,” he said.

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NNPC Spent N1.1tr On Subsidy, Oil Exploration, FAAC Remittance In 7 Months

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The Nigerian National Petroleum Corporation (NNPC) spent N1.165 trillion to subsidize petrol, for oil exploration and remittance to the Federation Account Allocation Committee (FAAC) in seven months of this year.

According to NNPC monthly FAAC report for September, the three expenditure items gulped 57 per cent of the total revenue distribution of N2.043 trillion done by the national oil company in the first eight months of 2021. The balance of N878bn was distributed for other expenditures including crude oil lifting inspection expenses.

On subsidy which NNPC describes as under-recovery of Premium Motor Spirit (PMS) value shortfall, the corporation spent N714.791bn within seven months, from February to August.

 

While there was no subsidy spent in January, NNPC spent N25.37bn in February and that figure rose by nearly three times in March to N60.396bn. The corporation then spent N61.966bn in April which more than doubled to N126.298bn in May, following a reported higher rise in the landing cost of imported petrol.

 

The national oil company further incurred a higher cost in petrol subsidy of N164.337bn in June but declined to N103.286bn by July; however, by August, the gain was reversed when subsidy cost rose to N173.132bn, the highest figure published so far.

 

The Minister of State, Petroleum Resources, Timipre Sylva, has continually reiterated that the government was committed to ensuring the total removal of subsidy from next year especially with the implementation of the Petroleum Industry Act (PIA) as Nigerians await the impact of the decision.

 

Frontier exploration gulps N20bn

 

NNPC also spent N20.681bn on frontier oil exploration in seven months with the highest expenditure done in August. While it spent N1.964bn on exploration activities in January, the bill slightly dropped to N1.920 in February but rose to N2.250bn in March. There was no expenditure on oil exploration in April but the figure rose to N3.216bn in May, and dropping to N2.715bn in June. While oil exploration expenses dropped to N2.443bn in July, it rose by three times in August to N6.167bn.

 

This expenditure on oil exploration is being made at a time when global leaders are shifting from the use of fossil fuel to renewable and clean energy. However, Sylva recently said Nigeria will gradually lead its energy transition by focusing on gas exploration towards reaching a cleaner energy goal.

 

More so, in the recently signed PIA, 30 per cent of oil proceeds has been pegged for oil exploration activities at the frontier basins with concerns that these activities are concentrated in the north.

 

However, the Governor of Nasarawa State, Engr. Abdullahi Sule, at an oil and gas union gathering last week in Abuja, clarified this misconception saying what refers to as frontier encompasses all new exploration areas including the Niger Delta, with the Benue Trough exploration reaching Calabar, the Cross River State capital. He also said it includes the Benin Basin and some undeveloped offshore areas in the South-South.

 

FAAC gets N429bn in 7 months

 

The corporation also remitted N429.284bn oil proceeds to the FAAC for seven months during the period as it skipped remittance in April.

 

The breakdown of the remittance shows that NNPC remitted N90.860bn in January, but that dropped to N64.161bn in February, and further depleted to N41.184bn in March 2021.

 

There was no remittance in April which was said to have gone for subsidizing petrol pump price per litre to keep it at the 162 to N165 price band.

 

By May, the remittance to FAAC dropped to N38.608bn but rose significantly to N47.162bn in June and higher to N67.280bn in July before climaxing at N80.030bn in August.

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