Soyinka alleges Obi, Datti’s involvement in 2023 election annulment script – Newstrends
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Soyinka alleges Obi, Datti’s involvement in 2023 election annulment script

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Nobel Laureate, Prof. Wole Soyinka

Soyinka alleges Obi, Datti’s involvement in 2023 election annulment script

Nobel laureate and esteemed elder statesman Wole Soyinka pointed fingers at Peter Obi, the Labour Party’s (LP) presidential candidate in the 2023 general elections, and his running mate, Datti Baba-Ahmed. Soyinka claimed they played pivotal roles in executing a script to annul the 2023 presidential election.

During an interview on Channels Television, Soyinka alleged, “There was a conspiracy from the very beginning, before the election, to ensure the elections did not take place or that, even if the voting occurred, everything would be reverted to what happened under Babangida.”

Referring to the 1993 election cancellation by former military dictator Ibrahim Babangida, Soyinka expressed concern, stating, “History was about to repeat itself; some people were determined to take us back to those days.”

Contrary to these allegations, the Independent National Electoral Commission declared Bola Tinubu president after securing 8,794,726 votes in the 2023 presidential election.

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In response to a segment in Soyinka’s latest book, ‘Baiting Igbophobia: The Sunny Igboanugo Thesis,’ where he highlighted the comments made by LP’s vice-presidential candidate, Baba-Ahmed, Soyinka criticized it as “a disgraceful interview.”

Baba-Ahmed, a former House of Representatives member, urged Chief Justice of Nigeria, Justice Kayode Ariwoola, not to swear in Tinubu as the duly elected president. Soyinka condemned this comment as “disgraceful and menacing.”

Soyinka emphasized his concerns, stating, “At that interview by Datti, that disgraceful and menacing interview was, for me, the ultimate signal because this was somebody calling for the rubbishing of a structure he profited from to become a governor. I am talking about Peter Obi; he was a judgment governor.”

He further critiqued Datti’s televised threat, saying, “Even before he attended the tribunal, his party, his spokesman, in this case, Datti, came on television to threaten everyone; to threaten hell if his interpretation of results was not upheld. This, for me, was amoral, politically amoral, socially amoral. It played to a certain script even if they didn’t know it.”

As of the reporting time, neither Obi nor Datti has responded to Soyinka’s latest comments. In a prior reaction, Obi had claimed that efforts were underway to portray him negatively, especially after the federal government labeled Datti’s statement as treasonous.

Soyinka alleges Obi, Datti’s involvement in 2023 election annulment script

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NDIC jacks up deposit insurance cover from N500,000 to N5m

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NDIC jacks up deposit insurance cover from N500,000 to N5m

The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels for Deposit Money Banks (DMBs) and other financial institutions, effective immediately.

During a press conference in Abuja on Thursday, NDIC Managing Director Bello Hassan disclosed, “For Deposit Money Banks, the increase of the maximum deposit insurance coverage from N500,000 to N5,000,000, would provide full coverage of 98.98% of the total depositors compared with the current cover of 89.20%. In terms of the value of deposit covered, the revised coverage would increase the value of deposits covered by deposit insurance to 25.37% compared with the current cover of 6.31% of the total value of deposits.”

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Hassan further explained, “The increase of the maximum deposit insurance coverage for primary mortgage banks from N500,000 to N2,000,000 would provide full coverage of 99.99% of the total number of depositors and would increase the value of deposits covered by deposit insurance to 43.10% of the total value deposits from the current cover of 40.60%.”

Additionally, Hassan noted, “The increase of the maximum deposit insurance coverage for subscribers of Mobile Money Operators from N500,000 to N5,000,000 per subscriber.”

NDIC jacks up deposit insurance cover from N500,000 to N5m

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Drama as Delta workers boo Gov Oborevwori over minimum wage

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Drama as Delta workers boo Gov Oborevwori over minimum wage

Delta State workers expressed their disappointment with Governor Sheriff Oborevwori on Wednesday as he failed to address the issue of minimum wage during the 2024 May Day celebration in Asaba, themed “People First.”

Anticipating news on the minimum wage, the workers were disheartened when the Governor concluded his speech without mentioning it, prompting them to chant, “no, no, no, we no gree, pay us our minimum wage.”

Despite the interruption, Oborevwori stood firm, stating, “Listen to me, listen to me, calm down, calm down, you cannot cajole me.”

The celebration, which included a march past by various affiliate unions, turned sour due to the workers’ dissatisfaction with the governor’s silence on the wage issue.

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According to a union leader, previous attempts to address the matter with the Governor proved futile.

In response, Governor Oborevwori announced plans to establish a committee to address the workers’ demand for salary increases amidst prevailing economic challenges. He praised the workers for their support and assured them of his administration’s commitment to workers’ welfare.

“I have listened attentively to your requests, and I have taken note of them; they are, no doubt, legitimate demands and as a responsible government, I will deliberate with my team on how best to address them within the limits of the resources available to us,” he affirmed.

In a statement delivered by Comrade Goodluck Ofobruku, the State Chairman of the Nigeria Labour Congress, NLC, he emphasized the importance of politicians keeping their promises, stating, “We want promise keeper politicians because, as workers, we keep records of promises.”

Drama as Delta workers boo Gov Oborevwori over minimum wage

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Two million bank accounts closed over BVN, NIN, others

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Two million bank accounts closed over BVN, NIN, others

Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN.

This is contained in a report by the Nigerian Interbank Settlement System, NIBSS, which also indicated that the number of inactive bank accounts grew month-on-month, MoM, by four million or 2.0 per cent to 19.7 million in March 2024 from 19.3 million in the previous month, February.

A bank account is classified inactive when it records zero transactions including deposits, withdrawals, transfers or point-of-sale transactions for six months.

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However, details of the “Industry Bank Account Database”, a monthly data reported by banks, and compiled by the Nigerian Interbank Settlement System, NIBSS, also indicated that the number of active bank accounts grew by 6.62 million or 3.0 per cent to 219.64 million from 213.02 million in February.

Recall that in December 2023, the CBN issued a directive to all commercial banks in the country to restrict tier-1 accounts without proper Biometric Verification Number, BVN, and National Identity Number, NIN, that are not linked by Thursday, March 1st, 2024.

According to NIBSS data on BVN enrollment count, 61.6 million Nigerians have BVN as of April 2024.

Two million bank accounts closed over BVN, NIN, others

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