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Tension heightens in S/East as gunmen renew killings

Published

3 years ago

July 17, 2021

The peaceful atmosphere being enjoyed in the South East geopolitical zone after the activities of the infamous unknown gunmen strikes that led to the death of many people in the area has again been cut short following renewed attacks in parts of the zone.

In the last two weeks, no fewer than 20 lives have been lost, including high profile personalities like the Director General of federal government –owned Science Equipment Development Institute, SEDI, Enugu, Professor Samuel Ndubuisi, Anambra State –born billionaire and philanthropist, Chief Philip Udala, team manager of Udala Football Club in Anambra State, Managing Director and Chief Executive Officer of AutoEase Service Limited, Ifeanyi Okeke, two soldiers attached to the 82 Division of the Nigerian Army, Enugu, as well as a police orderly of Chief Udala, among others.

For instance, the killing of Udala, who hailed from Uke in Idemili, was so bizarre as it happened in the full glare of passersby and traders at the Eke Agu market in Abatete in Idemili North local government area of the state. When Udala left his house that fateful morning, little did he know that he would not come back alive. His assailants had ambushed his convoy around the market and opened fire at close range and when their guns could not do the work, they applied other means.

An eyewitness who gave her name as Chioma said: “The attackers shot him severally, but the bullets did not penetrate. They then stabbed him with knife, pushed him inside his Lexus jeep as he attempted to run away and set the car ablaze with him in the car. He struggled to come out of the car while the fire was raging, but couldn’t and he fell off the car door after he was completely burnt. The assassins also killed his driver, Peter, the team manager of his club,, Godsent, his security detail, Paul and another policeman riding with him.”

According to Chioma, who claimed to be familiar with the victim, Udala returned from Lagos the previous day, not knowing that his life would come to an end the following day. Chioma added: “Udala wedded his new wife only last month and she is heavily pregnant. His new mansion at the 3 -3 area of Onitsha is at the finishing level and the opening of the new house was already being planned. He was a very generous man and did not deserve this kind of death.”

As questions were still being asked as to the motive behind the killing of Udala and his aides, suspected cultists struck in Awka the following day in a daylight operation, killing three people in the process. The suspected cultists numbering three operated in a tricycle and shot repeatedly at the popular Aroma junction unchallenged for about 20 minutes before heading to the Ifite area of the state capital where they gunned down the three persons.

Police spokesman in the state, Mr. Tochukwu Ikenga said investigations into the incidents had begun. Although cult activities had become rampant in many towns in the state, even among secondary school boys, the problem reduced after some villages in Awka formed what looked like the dreaded Bakassi Boys that held sway during the administration of former Governor Chinwoke Mbadinuju and started killing and burning suspected cultists on the streets. As the people of Anambra State were wondering the cause of the return of the street killings, the Coal City of Enugu, considered as one of the safest cities in Nigeria, started recording frightening incidents of murder. Before the killing of the Director-General of the Science and Equipment Development Institute, Prof. Ndubisi along the Enugu –Port Harcourt expressway, a former High Court Judge in the state, Justice Nnaji, was shot and killed in his car in a busy area of the city. The police orderly attached to Ndubisi was also killed as they were returning from work. Forty eight hours before the killing of Ndubisi, the Managing Director and Chief Executive Officer of AutoEase Service Limited, Mr. Ifeanyi Okeke, was also murdered in the city in the presence of his eight-year-old son.

As the people of Enugu State were wondering the cause of the increasing insecurity in the state, the Nigerian Army reported the loss of two soldiers, alleging that operatives of the Indigenous People of Biafra’s militant arm, Eastern Security Network, ESN, attacked its location at Iggah and Asaba checkpoint in Uzo Uwani local government area of the state.

According to the Director of Army Public Relations, Brig Gen Onyema Nwachukwu,, the fallen troops were deployed to checkmate the activities of gunmen at Adani community in the local government when they came under the attack of the operatives of the ESN.

“Sadly, during the fire fight that ensued between the Army and ESN, two soldiers paid the supreme price. Troops are currently on the trail of the criminals.

“We assure the general public of our commitment to provide adequate security in the general area in collaboration with other security agencies. We also urge members of the public to complement the effort of the security agencies by remaining law abiding and providing useful information on the fleeing gunmen,” Gen Nwachukwu said.

While some people blame the killings on increasing rate of cultism in the society, others finger the ESN, which they believe, appears to be regrouping after the break that followed the arrest of the IPOB leader, Mazi Nnamdi Kanu. There were also those who believe that lack of central security outfit in the zone was fueling the insecurity.

A retired civil servant, Mr. Godwin Olisakwe said the killing of prominent people, like the SEDI DG, the football club owner or the retired High Court Judge could not be mere coincidence, arguing that those who carried out the acts must have planned their execution weeks or even months before striking.

He said: “ Apart from the soldiers that were killed at checkpoint, the other killings could be properly planned assassinations, which could either be due to business gone sour, or betrayals on the part of the victims. That is why people must be very careful with what they do, especially at this period in the country where most people appear to be frustrated about happenings and could be easily provoked.”

According to him, the governors in the various states in the zone appear to have relaxed on the issue of security, which is why the people he described as hoodlums were regrouping and causing havoc in the society.

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Published

2 days ago

December 20, 2024

Trends Admin

Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

Published

3 days ago

December 19, 2024

Trends Admin

President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

According to the coordinator, one of the primary concerns is the impact of the land-border closure on the regional economy, which they claimed has been heavily reliant on cross-border trade with neighbouring countries.

They said that the closure has resulted in significant losses for traders and business owners in the region, saying: “The policy has given undue advantage to Southern Nigeria, for instance, it has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

” Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

”This has resulted in a concentration of economic activity in the Southern region, further marginalising Northern Nigeria,” the Northern youths also posited in the statement

They stressed that the new tax reforms, particularly its revenue sharing formula will disproportionately affect Northern Nigeria, saying:

“One potential impact is a reduction in the region’s revenue allocation, which could hinder its ability to fund development projects and provide essential services to its population.

“Northern Nigeria is already grappling with significant development challenges, including poverty, infrastructure deficits, and limited access to education and healthcare. A decrease in revenue allocation could exacerbate these issues,” it said, urging the federal government to retrace and reconsider certain conditions before taking certain steps in certain directions.

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Still, on the tax reforms, the group said it would widen the economic gap between Northern and Southern Nigeria since the Southern region is already home to many of Nigeria’s major industries and economic hubs, noting that a more favourable revenue-sharing formula could further consolidate its economic advantage.

“This could lead to a brain drain and talent flight from Northern Nigeria, as individuals seek better economic opportunities in other parts of the country.

” This policy if allowed to pass, will bring about national disintegration, strife and bad blood between the North and South.

“The tax reforms could also hurt the region’s agricultural sector, which is a significant contributor to its economy,” it said.

Urging policymakers to consider the potential impacts of these reforms and work to ensure that they do not exacerbate the existing economic inequalities, the group advised that the North’s contribution to the nation’s coffers should not be solely measured by its economic output.

“The region’s agricultural sector, for instance, is a vital component of the national economy. The Northern farmers produce a significant portion of the country’s food, which deserves recognition and compensation.

“It’s essential to recognize the historical and structural inequalities that have hindered the North’s economic development. The proposed tax reform bill should aim to address these disparities rather than perpetuate them.

“A more equitable revenue-sharing formula would acknowledge the North’s unique challenges and contributions, ensuring that the region receives a fair share of the national revenue.

They however, lamented many abandoned federal government Projects in North, mentioning the Mambila hydroelectric project that has been in the works for over 40 years, with the first feasibility study conducted in 1972; “the project has faced unexplainable delays.

“The Mambilla Hydropower Project is estimated to cost around $5.8 billion, with the Chinese Export-Import (Exim) Bank funding 85 per cent of the project, while the Federal Government of Nigeria provides the remaining 15 per cent.

“The project is expected to generate 3,050 megawatts of electricity, making it the largest power-generating installation in Nigeria.

“The Jalingo-Numan Road project has equally lingered for more than 15 years without a tangible commitment to even start it. It’s essential to note that the project is crucial for connecting the Taraba State to other parts of the country.

“The failure to complete these projects perpetuates the existing disparities between the North and the South. The lack of investment in critical infrastructure hinders the region’s ability to attract businesses, create jobs, and stimulate economic growth, create jobs, and stimulate economic growth,” they said.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

Published

4 days ago

December 18, 2024

Trends Admin

Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.