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Nigeria loses as court insists CBN must pay businessman $21m

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Nigeria loses as court insists CBN must pay businessman $21m

The U.S. District Court for the Southern District of New York has granted Nigerian businessman Louis Emovbira Williams permission to withdraw $21 million from a Nigerian account held at JP Morgan, which contains funds from crude oil sales to foreign entities.

In August, Judge Liman Lewis rejected Nigeria’s attempt to dismiss Mr. Williams’ complaint.

The businessman had been embroiled in a food importation deal with the Nigerian government in 1986, during which he lost $6.5 million. Upon returning to Nigeria to recover his money, he was allegedly subjected to torture by the Department of State Services (DSS) and was tried for “economic sabotage.”

He was sentenced to 10 years in prison but was released after three years, in 1989.

In 1993, under the military regime of General Ibrahim Babangida, Mr. Williams was granted a presidential pardon and received a “Fidelity Guarantee and Abiding Memorandum of Understanding of Assurance” promising him repayment of $6.5 million, along with 17 percent compound interest since 1986, plus an additional N5 million with 25 percent compound interest.

Despite this, Mr. Williams never received the payments owed to him.

The Central Bank of Nigeria (CBN) remained unwilling to settle the sum, leaving the issue unresolved for decades. Following Nigeria’s return to civilian governance, Mr. Williams took legal action in the UK, where the court ruled in his favor, ordering Nigeria to refund him, along with compensation.

In 2018, Justice Mary Clare Moulder of the UK’s Queen’s Bench Division authorized the seizure of $21,231,960.74 and £19,763,130 from Nigeria’s JP Morgan account. Mr. Williams pursued further legal action in New York to recover the funds, where the defendants include the Nigerian government, the attorney general, the CBN, JP Morgan, and unnamed parties.

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The CBN sought to move the case to a lower court, arguing Nigeria’s sovereign immunity protected it from UK court rulings. However, Judge Liman ruled that Nigeria had already waived its sovereign immunity under the terms of the 1993 Fidelity Guarantee.

“Therefore for the avoidance of doubt, both the Nigerian State and CBN must be deemed to have waived any immunity from levying of execution on amount kept in the name of CBN or State of Nigeria or any institution of Nigeria (save diplomatic) to the extent to which any amount in paragraph above remains unpaid,” stated the 1993 Fidelity Guarantee issued to Mr. Williams.

Judge Liman dismissed Nigeria’s claim to immunity, asserting that the waiver in the Guarantee applied to any legal proceedings regarding the enforcement of judgments related to Mr. Williams’ funds.

“Accordingly, the Fidelity Guarantee reflects a waiver of sovereign immunity for any proceeding in any court to recognize and enforce a judgment pertaining to Plaintiff’s seized funds,” the U.S. judge said in his August 12 ruling.

Despite the ruling, the Nigerian government is appealing the decision in the Second Circuit Court in New York. The case follows other legal disputes involving Nigeria’s assets abroad, including a similar case in Washington D.C., where Chinese investors were awarded the right to seize Nigerian assets following a failed free trade zone agreement.

Mr. Williams has expressed his intention to use the recovered funds to support children’s health and education initiatives in Nigeria.

(PEOPLES GAZETTE)

Nigeria loses as court insists CBN must pay businessman $21m

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How to Qualify for the Federal Skilled Worker Visa Program in Canada

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How to Qualify for the Federal Skilled Worker Visa Program in Canada

Canada’s Federal Skilled Worker (FSW) Visa Program is offering a pathway for skilled individuals to become permanent residents. This guide outlines the steps needed to qualify for this program. According to DAAD Scholarships, “This program is designed for individuals who want to live and work in Canada, allowing them to contribute to the economy and society.”  

Language Proficiency 

DAAD Forum relates that language skills are essential for qualifying for the FSW Visa. Candidates must demonstrate proficiency in Canada’s official languages: English and French.   To achieve this, individuals should take an approved language test such as IELTS or CELPIP for English, or TEF for French. To gain maximum points, candidates are advised to reach at least Canadian Language Benchmark (CLB) 7 for their first language, which awards up to 24 points.  

For those who can also speak a second language, achieving at least CLB 5 can earn an additional 4 points.  

Educational Qualifications 

Education plays a critical role in the FSW scoring system. Candidates must provide evidence of their educational background. If the degree was obtained outside Canada, an Educational Credential Assessment (ECA) is necessary to verify that it meets Canadian standards.  Reports inform that the points awarded depend on the highest level of education attained. A high school diploma can yield some points, while a PhD offers the maximum 25 points. Candidates seeking to improve their scores may consider upgrading their education or obtaining additional certifications. 

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Work Experience 

Work experience is another significant factor in the FSW program. Reoirts confirm that candidates must have at least one year of full-time paid work experience in a skilled position.  The number of years of experience directly correlates to the points awarded; six or more years can result in the highest score of 15 points.  

Candidates are informed that itis essential for candidates to ensure that their work experience aligns with Canada’s National Occupational Classification (NOC) categories 0, 1, 2, or 3.  This ensures that their previous roles meet the requirements set by Canadian immigration authorities. 

Age Considerations 

DAAD informs that age can influence a candidate’s point total.  The ideal age range, according to reports for maximum points is 18 to 35 years old, where individuals can earn up to 12 points. While points decrease gradually for those older than 36, candidates can still accumulate points in other areas to strengthen their application. 

Candidates under 18 or over 47 do not receive points for age, but they can offset this through strong performance in other categories. 

Job Offers 

Candidates are informed that having a job offer from a Canadian employer can provide a significant boost in points; and while a job offer is not mandatory, it can add up to 10 points to a candidate’s score.   Reports inform that in order to qualify, the job must be full-time, require at least 30 hours of work per week, and last for a minimum of one year.  For those without a job offer, focusing on other sections of the application can still lead to success in the FSW program. 

Adaptability Factors 

Adaptability can also contribute to a candidate’s point total. Canada awards points for various factors that demonstrate a candidate’s potential to settle successfully. These factors may include the language skills of a spouse, previous education or work experience in Canada, and having relatives in the country.  The program encouraged that candidates can earn points based on either their own qualifications or those of their spouse, allowing for flexibility in meeting the requirements. 

How to Qualify for the Federal Skilled Worker Visa Program in Canada

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APC wins all chair, councillor positions in Kwara LG poll

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APC wins all chair, councillor positions in Kwara LG poll

The ruling All Progressives Congress (APC ) in Kwara State has cleared all the available 16 chairmanship and 193 councillorship seats in the Saturday’s local government area elections in the state.

The chairman of the Kwara State Independent Electoral Commission (KWASIEC), Mohammed Baba-Okanla, announced the results of the elections in a statement released early Sunday morning.

He said; “After meticulous collation and verification, the All Progressives Congress (APC) has emerged victorious in all categories. Specifically, the APC has won all 16 Local Government Area chairmanship positions. The party has also secured all 193 councillorship seats.

“We commend political parties for their commitment to a peaceful election, which did not record any major casualty and the people of Kwara State for trooping out en masse to exercise their civic rights. We also like to appreciate security agencies for ensuring peace and orderliness throughout the voting process in a professional manner.”

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Chairmanship results are as follows:

IFELODUN LGA:
APC 22,524
PDP 2,727
APM 482

OYUN LGA:
APC 12,159
PDP 356
APM 386

OKE ERO LGA:
APC 7,472
PDP 1,168
APM 224

ISIN LGA:
APC 8,173
PDP 1,165
APM 77

EDU LGA:
APC 23,963
PDP 3,851
APM 424

PATIGI LGA:
APC 14,119
PDP 2,939
APM 806

MORO LGA:
APC 14,555
PDP 1,670
APM 117

ASA LGA:
APC 15,024
PDP 2,638
APM 41

ILORIN SOUTH LGA:
APC 20,207
PDP 2,072
APM 226
SDP 621

BARUTEN LGA:
APC 38,549
PDP 1,335
APM 665

ILORIN EAST:
APC 20,883
PDP 5,383
SDP 475
APM 835

KAIAMA LGA:
APC 23,029
PDP 1,737
APM 59

EKITI LGA:
APC 8,707
PDP 907
APD 966

OFFA LGA:
Accord 1,919
APC 22,400
PDP 1,586
APM 636
SDP 391

ILORIN WEST:
APC 50,128
PDP 4,202
APM 1,882

IREPODUN LGA:
APC 14,010
PDP 2,106
APM 559
SDP 239

APC wins all chair, councillor positions in Kwara LG poll

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How Police DIG ordered Obaseki out of INEC office (Video)

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Deputy Inspector-General of Police in charge of Edo election, Frank Mba

How Police DIG ordered Obaseki out of INEC office (Video)

Deputy Inspector-General of Police in charge of Edo election, Frank Mba, was probably enraged by the visit of Governor Godwin Obaseki to the office of the Independent National Electoral Commission (INEC) in Benin, on Sunday morning.

Accompanied by his security aides, Obaseki had walked into INEC office around 3am.

The governor headed for office of the Resident Electoral Commissioner (REC), where he held a closed door meeting.

While there, some members of the All Progressives Congress (APC) stormed INEC office in protest.

Among the protesters were Ajibola Basiru, National Secretary of the APC, and Dennis Idahosa, running mate to Senator Monday Okpebholo, governorship candidate of the APC.

On his part, Idahosa said: “Obaseki must come out. He is not supposed to be here. He is not an INEC staff. Nigeria Police should not compromise.”

The protesters tried to gain entrance into INEC premises but they were prevented by armed security operatives.

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However, they banged the gate repeatedly while shouting on top of their voices.

Speaking with journalists, National Secretary of APC, Surajudeen Basiru, described Obaseki’s action as abuse of office.

Basiru said: “Obaseki is not a candidate. He has no reason to be here, the governor’s action as abuse of office.”

Daily Trust reports that amid the brewing tension, DIG Mba walked into the INEC office and asked the governor to leave.

Obaseki, who was not paying full attention, had his focus elsewhere, making the senior police office to go tough.

“Please, leave here!” he ordered before policemen escorted Obaseki out of INEC premises.

However, moments after the governor left, INEC announced that collation of election results would commence at 10am.

It is unclear if the collation was the main issue discussed at the meeting.

How Police DIG ordered Obaseki out of INEC office (Video)

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