Monday, 4 June 2018

Okada ban: Operators urge Obiano to rescind decision

Awka—AS the July 1, 2018 effective date for the ban of commercial motorcycles in Awka and Onitsha in Anambra State draws near, the operators have been making moves to prevail on the state government to rescind the decision, with the national vice president of Motorcycle Transport Union of Nigeria, MTUN, Chief John Onedibe, calling on Governor Willie Obiano not to throw them to the streets. Chief Willie Obiano Onedibe, who spoke with reporters in Nnewi said the impression that Okada riders were criminals was untrue, even as he admitted that there were few miscreants among them. Onedibe said: “It is not in doubt that the essence of government is to make life easy and bearable for citizens and government must consider the interest of the majority and minority, the rich and poor for it to thrive and succeed in its governance of the people. “Where government considers what is good for the wealthy alone without thinking of how the poor may feel, it then means that the government is for the wealthy alone and such does not protect and represent the interest of all. “You cannot make a policy without consulting the person that would be affected directly from such a policy. How can the government decide to ban Okada without first of all consulting the stakeholders or at least seek public opinion on the matter? “Even if there are genuine reasons to stop Okada riders from plying in the state, government should provide alternative jobs for them, instead of keeping them unemployed.” 

Deconstructing the change agenda

They mounted the saddle chanting the mantra of change. And massive hopes were raised that the nation would immediately start experiencing a genuine breath of fresh air.

At the inauguration of the Muhammadu Buhari administration on May 29, 2015, expectations were high that the lives of Nigerians would start witnessing diametric transformation on all fronts.

Three years on, certain hopes have been dashed, while some souls have been lifted. Hearts have been broken, just as some insist that it has not been a totally melancholic ride. While some Nigerians have given the government a pass mark in certain areas, some assert that the administration has not performed satisfactorily in other spheres. Many Nigerians are also offering words of advice to the government on how life could get better for the people.

If there is any area that has earned the government considerable knocks, it is the security situation in the country.

Indeed, in the past few years, only few would argue that the security situation in many parts of the country has become absolutely worrisome. The activities of murderous gangs of Fulani herdsmen have turned many North Central and North East states into killing zones. Tears cascade down the cheeks of many in states like Benue, Plateau, Zamfara and Taraba, as killer herders invade communities, spreading death and distress. Many have accused the federal government of being apathetic towards the criminal tendencies of herdsmen bearing assault rifles and other weapons of terror

The administration noted, however, that it had not just been sitting idly by. Minister of Information, Lai Mohammed, said the activities of the Boko Haram insurgents have been successfully curtailed in the North East, for instance. In his words, a number of hitherto closed roads have been opened, while residents have returned to abandoned communities. Over a million displaced persons, including traditional rulers, have also returned home, he said.



Ahmed Yusuf, publisher of an online magazine in Maiduguri, did not disagree: “The Multi-National Joint Task Force (MNJTF), aimed at combating trans-border crime and the Boko Haram insurgency, has been revitalised. Public secondary schools resumed in Borno State after two years of closure, and Boko Haram’s operational and spiritual headquarters, ‘Camp Zero,’ in Sambisa Forest was conquered. Also, Arik Air has resumed flights to Maiduguri, three years after suspending operations to the city.”

There have been praises for the government also for rescuing over 13,000 victims of Boko Haram, just as 106 of the Chibok schoolgirls, abducted in April 2014, and 105 of the Dapchi girls, abducted in February 2018, were released.

But there have been calls on government to do more. For instance, killings by suspected Fulani groups have not abated in the North East, and more kidnappers are taking over the highways, from Abuja to Aramoko in Ekiti State.

One major promise of the Buhari administration was to build a virile economy and create jobs. Shortly after Buhari mounted the saddle, the nation slipped into recession, inevitably fuelled by a monumental drop in the prices of crude oil, the nation’s mainstay. Then the economy started floundering, wreaking inflation, loss of jobs, and a rise in the prices of virtually all goods upon the nation.

The nation has since exited recession, but prices of goods and consumables have remained high.

Some light seems to be visible at the end of the tunnel, though. Officials of the government recently informed the nation that the economy was back on the path of growth, after the recession, recording a 1.95 per cent growth in the first quarter of 2018. And besides the consistent growth being recorded in the agriculture and solid minerals sectors, inflation has continued to fall for the 15th consecutive month, it was learnt. The country’s external reserves have also grown to US$47.5 billion, the highest in five years.

There are also considerable growths in agriculture exports, raw material exports, solid minerals exports and in exports of manufactured goods, it was gathered.

Asserting that the economy has indeed been on a steady growth, Special Adviser to the President on Media and Publicity, Femi Adesina, said: “The new FX window introduced by the CBN in April 2017 now sees an average of US$1 billion in weekly turnover, and has attracted about US$25 billion in inflows in its first year (and a total turnover of $47.14 billion) – signalling rising investor confidence in Nigeria. Nigeria’s stock market ended 2017 as one of the best-performing in the world, with returns in excess of 40 per cent. Five million new taxpayers have been added to the tax base since 2016, as part of efforts to diversify government revenues.
“Also, tax revenue increased to N1.17 trillion in the first quarter of 2018, a 51 per cent increase on the first quarter of 2017 figure. N2.7 trillion was also spent on infrastructure in the 2016 and 2017 fiscal years, an unprecedented allocation in Nigeria’s recent history. The government has also revitalised 14 moribund blending plants so far under the Presidential Fertilizer Initiative (PFI); with a total capacity of 2.3 million MT of NPK fertilizer. And the contribution of Solid Minerals’ to the federation account rose five-fold from N700 million in 2015 to N3.5 billion in 2017.”

In spite of the growth in the economy, many people are confused that the purchasing power of the people has not really improved.

“The good thing is, we have exited recession, and the economy is slowly growing again, though the growth is not at a phenomenal rate. But the people seem not to be benefitting from the various governmental interventions yet. It is a long process, but government must do more to create wealth and fight poverty,” a public affairs analyst, Martin Bello, said in an opinion article.



Also expressing concern that the purchasing power of the common man has not been too encouraging was another commentator, Petra Edozie.

“To be realistic, the economy is far better than it was by this time in 2016 and 2017. The concern is that the efforts of the government have been slow in yielding the desired results,” she said.
In truth, the federal government had initiated certain processes to steer the economy back on track. Outstanding pension arrears were cleared, while state governments had received close to N2 trillion as bailout to enable them pay workers’ salaries and pensions.

Renowned economist, Ayo Teriba, has a piece of advice for the federal government. He said the Buhari administration must build external reserves buffer, which would protect the nation from the uncertainties of the crude oil market. He told a national newspaper that the federal government should follow the Saudi Arabia model, which, he said, had been opening up a number of other sectors of its economy to attract $200 billion in foreign direct investment.

“When oil price fell, Saudi Arabia had more than enough reserves to absorb the shock. So, if Nigeria too had adequate foreign reserves, we would avoid all those upswings and downswings in key domestic economic variables. And the earlier Nigeria begins to build her foreign reserves, the sooner we would be able to free ourselves from that vulnerability to movements in the price of oil,” he said.

He admitted though that the economy was getting better. “The economy has continued to recover. Inflation has been coming down steadily for 15 consecutive months. Exchange rate has also been stable since February last year. It even appreciated in the parallel market and it has remained stable since June last year. The level of external reserves has continued to increase,” he noted in an interview.



It appears the government has not fared badly in the agriculture sector. Through the Anchor Borrowers Programme, the Central Bank of Nigeria says it has made available about N82 billion in funding to 350,000 farmers to grow rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnuts, cultivating about 400,000 hectares of land. The success of the programme, it was gathered, has been most noticeable in the production of local rice, with several states taking advantage of the initiative.

It was learnt that yields in local rice have doubled from between two and three tonnes per hectare. And between 2016 and 2018, eight new rice mills have been installed in the country. Over one billion dollars, it was gathered, has been invested by the private sector in the production of rice, wheat, sugar and poultry, among others. Information minister, Lai Mohammed, said as many as 12 million jobs have been created through agriculture since Buhari mounted the saddle.

But many Nigerians want the Buhari administration to interact more directly with the country’s rural farmers, most of whom hardly benefit directly from government interventions.

“The federal government has started well, but a lot more needs to be done. For instance, when loans are given, how many rural farmers benefit? It is the rich that have access to the funds, and they will then employ the rural farmers. That is why the farmers have remained in penury,” James Ezenwa told this reporter.
Over the years, lack of adequate infrastructure has been a major blight on the country. The road system has been in shambles, while the rails are non-exixtent. Successive governments would start a project and then abandon it halfway. Hospitals lack the necessary equipment, and those who can afford the cost troop out to India, Europe and North America in search of good health facilities.

It was gathered that the federal government is currently building a cancer treatment centre at the Lagos University Teaching Hospital at a cost of $10 million. Modern diagnostic centres, each costing $5 million, are also being established at the Aminu Kano University Teaching Hospital and the Federal Medical Centre, Umuahia, Abia State.

The federal government says proceeds from a N100 billion Sukuk Bond taken last year are being used to fund the construction and rehabilitation of 25 major roads across the country, including the Kano-Maiduguri Road, rehabilitation of Enugu-Port Harcourt dual-carriageway, dualisation of Lokoja-Benin Road, and dualisation of Ibadan-Ilorin Road.

It was also gathered that the upgrade of the 3,500-kilometre network narrow-gauge railway network has commenced. The Minister of Transport, Rotimi Amaechi, said the project is targeted at reducing travel time from Lagos to Kano by rail. The Abuja Light Rail system has also been completed, it was gathered.
A number of water projects have also been completed by the Buhari government, it was gathered. Over 70 ecological fund projects were also reportedly awarded and completed by the administration across the six geopolitical zones of Nigeria

While the infrastructural development has renewed the hope of many people, others have not been too excited. Among these are the people living or doing business within the Apapa axis in Lagos. The Mile 2-Apapa Expressway, one of the most important roads in Nigeria, has totally collapsed. Each day, trucks and trailers heading for Apapa line up the roads for several kilometres, causing intractable traffic. Indeed, the driver of a small car journeying to Apapa from Mile 2 on the expressway is unlikely to reach his destination in one week!

“Until the roads leading to Nigeria’s major ports are repaired or reconstructed, I will not believe any government is working on infrastructure. I plead with the federal government to make the rehabilitation of the Apapa Road its priority. We had thought that the Minister of Power, Babatunde Fashola, would commence work on the Apapa Road once he resumed, but we have been proved wrong,” Taiwo Hassan, a journalist with a major media organisation in the Apapa axis, told the reporter.

The Buhari administration has also been hyping its anti-corruption drive as a major success, with several billions of naira in stolen funds recovered from former public office holders. Just last week, a former governor of Taraba State and member of the ruling All Progressives Congress, Rev. Jolly Nyame, bagged a 14-year jail term without an option of fine for mismanaging state funds.

There has been minimal improvement to the power situation in the country which has remained pathetic over the years. Recently, President Buhari and former President Olusegun Obasanjo were involved in a brief verbal warfare over the electricity situation. Buhari had wondered why regular electricity supply had been elusive in spite of the billions of dollars spent on revamping the sector during the Obasanjo years.
The Fashola noted that more than 2,000 megawatts of electricity had been added to the national grid. Indeed, it is believed that about 7, 000 megawatts are being generated across the country, although only 5, 000 are being distributed.

“But that is not enough. Nigeria should be generating and distributing tens of thousands of megawatts of electricity. Nigeria is being run on generators, and no nation survives walking that path. Businesses will continue to die, unemployment will continue to soar, and poverty will remain with the people until a lasting solution is found to the seemingly intractable power debacle,” Ezenwa said.

Offa robbery suspects open up

Ring leader of the bloody bank robbery in Offa, Kwara State, on April 5, Ayoade Akinnibosun, has confessed that a top aide of Governor Abdulfatah Ahmed gave him two AK-47 rifles two days to the ward congress of the All Progressives Congress (APC) in the state.

He said the weapons were handed over to him to neutralise political thugs allegedly brought in by a minister. He, however, said he and his boys were able to handle the minister’s loyalists without the use of guns. He also said he later handed over the guns to the governor’s aide at the end of the exercise.

Apart from the guns, he told Daily Sun exclusively that the aide gave him a Lexus SUV, which he used for the robbery but had to drop it before getting to  the scene of the robbery.



Akinnibosun, in an interview with Daily Sun in Abuja, also revealed how he accompanied Saraki, to the palace of the Olofa of Offa on April 7, after the robbery attack and gruesome murder of over 30 persons, including nine police personnel. Saraki was at the palace on a sympathy visit.

“Yes, when the senate president visited the palace of the Olofa of Offa, I was there. It was me, and this my two other gang members who are here with me (in police custody) and one other guy, Murphy, that went with me on that visit. On getting there, me and Murphy and these two were with the senate president until he left. We had not driven far after he left when we heard again that he was going back to the palace. We went back there and waited for him but he didn’t come back.”

He said he got to know about the visit not from the senate president but from a friend, Samson.
“We have a platform; all these political platforms. That is where we get information. But specifically, it was Sampson that first called me to say the senate president will be going to Offa, that we should go there; that he too was on his way and that Senator Rafiu is also coming. That was how we went there.

“I cannot say he (Saraki) knows me. He may know me as a member of APC, but it was through Sampson that I got to know about the visit to the palace of the Olofa. And when he now left, Senator Rafiu came. After Senator Rafiu left, he was on his way and we were going together because we were going back to Oro. On his way, he now stopped at Eleyooka to ease himself. That was where he gave us N50,000 to share. We are many because whenever the leader or the senate president is around, youths from all over usually gather together and they give us something.”

As a youth leader in charge of his zone in Kwara south, the suspect said his duty was to mobilise youths during elections, campaign, voting and cause confusion if it was so directed by his principals.

As a politician, he said he has been working for the Kwara State governor and by extension the senate president for over ten years, but that they did not know he was into armed robbery.

He said his link to both the governor and Saraki, was a certain government official, who he claimed was responsible for the welfare of the youth group that he led.



“We meet only when it was necessary or when there was a political outing in the state,” he said.
Akinnibosun, who claimed to be a graduate of Guidance and Counseling from the Kwara State College of Education, Oro, said he got into armed robbery through the “work of the devil” after a friend he identified simply as Michael introduced him to it.

Apart from luring him and his friends, the said Michael also trained them on how to shoot. He said the dismissed police officer took him and his gang members into a bush in one of the villages for training.

“I am the coordinator of Kwara South  Liberation Youth Movement. We have a forum all over Kwara South. Two cars were given to us as a kind of empowerment to help the youth get something to do. I drove the Lexus to Ajashe, parked it and joined the other members of the gang who were already in a waiting vehicle from where we took off Offa.”



But he could not say what they made from the robbery which involved five banks, “because we didn’t go inside the bank. Michael said he was going to give us our share and we were yet to get anything from him before they arrested us.”

Asked how he got the vehicle back to Government House, Akinnibosun said: “When I heard that they have  arrested my friend, Kunle, I gave my car key to one Ade and told him I was going to the police station to see Kunle. That was how I was attested. I gave the keys to Ade, he is a politician and he is here too (police custody.)”

Meanwhile, operatives of the Inspector General of Police Intelligence Response Team (IRT) have invited some officials of the Kwara Government House including Salawudeen Hassan Giegele, personal assistant to the governor on Central, Amu Ibiwoye, special assistant to the governor on agriculture and Ishola Abdulateeef, workshop manager, to Abuja, to clear the air on how the vehicle that was used for the Offa bank robbery operation, got into the Government House and their relationship with Akinnibosun.

It was gathered that one of the Government House officials told police interrogators that the vehicle was actually given to the suspect as part of the government’s empowerment programme.
The official, according to police sources, said the three vehicles, a Lexus Jeep and two Toyota, were given to the suspect and some other persons to be used for car hire services at the airport to enable them cater for their families.

He also said the vehicle was not registered at the time it was handed over to the suspect who is also the gang leader of the group.

It was gathered that the IRT operatives discovered that the vehicle was registered by the government after it was declared wanted by the police.

An IRT operative who did not want to be mentioned, told Daily Sun, “we are not saying that the senate president empowered the suspects to go and rob; all we are after is how the vehicle that was used for a robbery operation that left over 30 persons found its way to the Government House. That’s what we are after.” At press time, the Government House officials were still being quizzed at the IRT office.

APC: 2 ministers locked out of inauguration

The national secretariat of the All Progressives Congress (APC) in Abuja, was literally turned into a battleground, yesterday, when state officers, who emerged from parallel congresses conducted recently, jostled for recognition during the ceremony to inaugurate state chairmen.

As early as 10.00am, security operatives, strategically positioned at the main entrance gate and the gate leading into the building, had their hands full as they tried to curtail surging party members and their teeming supporters.

The situation was rowdy, almost all through the event, as factional chairmen and their supporters battled endlessly to enter the main hall.



In the rowdiness, two ministers were denied entry into the hall.

Despite efforts of the security details attached to the Ministers of Communication, Adebayo Shittu and that of Women Affairs, Senator Jummai Aisha Al-Hassan, gaining entrance into the hall was like the proverbial camel passing through the eye of the needle.

The situation degenerated into a shouting match amid threats by supporters of the factions denied entry, which resulted in security operatives releasing canisters of teargas to disperse protesters. It wasn’t pleasant watching the two ministers struggle to enter the hall with their orderlies.

For Communications minister, the factional chairman was not only denied entry but the party national leadership opted to give passage to the faction loyal to Oyo State Governor, Senator Abiola Ajumobi.
Defending the decision to deny the two ministers entry, a secretariat staff said they were not officially invited for the event and that they only came to ensure that their factional chairman were among those inaugurated.
On being denied entry to the event, senator AlHassan, also called Mama Taraba said she was not disappointed with the decision of the National Working Committee (NWC) to restrict entry into the hall to only state chairmen.

“I was not disappointed at all that I was denied entry into the hall because I was made to understand that the NWC restricted entry into the hall to only the chairmen; for security reasons. As a politician, I was not surprised with what happened,” she said.



However, normalcy was restored shortly after the inauguration when factional chairmen from some states, who could not access the venue, stormed out and, in the process, heaped all manner of abuse on the national leadership.

Although the supporters loyal to the Communications minister had threatened fire and brimstone, including tearing the certificate of the sworn-in chairman, they, however, chickened out after the minister angrily stormed out of the secretariat.

Outstanding among the victors were the Imo State delegation whose happiness knew no bounds following the swearing in of Hilary Eke, as the authentic chairman.

Eke was re-elected. He belongs to the Imo Stakeholders unit of the party in the state.
Speaking during the inauguration, National Chairman, Chief John Odigie-Oyegun, charged the state party chairmen to return the party to its lost glory by announcing to Nigerians the successes of the current APC-led federal government.



“You have the onerous task maturing APC. You have to work hard to return the party to its lost glory. Also, make sure you work hard for the re-election of our president. We are aware of conflicts, disaffections and bad blood in the party. Put all these aside and work for the victory of our party in the 2019 general election.

“Go and tell the people of the great achievements recorded by the APC Government. Your government is on the right course. A firm foundation has been laid for the development of Nigeria. In spite of lean resources, the APC has achieved much more in three years. Get acquainted with the achievements put together in a document which I will make available to you. Tell Nigerians the achievements of your government.

“In infrastructure, a lot of roads have been constructed, agriculture; much rice is being produced, transport, rail is there and power, we now have 7,000 megawatts.

“There is serious need for quick reconciliation especially in Rivers, Taraba, Oyo, Delta, Lagos and others.  Let the chairmen here wait and should not inaugurate their executives like the others until the issues with the congresses in such states are resolved.

“I am going to set up a committee headed by the deputy National Chairman (North) to study the situations in such states for possible actions. There will be concessions and harmonizations after the exercise within this week,” said Oyegun.

 

Aiteo Denies Involvement in Protest Against JTF over Illegal Oil Bunkering


Aiteo Eastern Exploration and Production, operator of the Nembe Creek Trunk Line (NCTL) and the prolific Oil Mining Lease (OML) 29 – both in the eastern Niger Delta – has denied its involvement and that of its chief executive Benedict Peters, in a protest by youths against the security Joint Task Force (JTF) in the oil-rich region.

The oil firm has also gone into details highlighting the losses incurred from vandalism on the NCTL, saying this has led to the shutdown of the pipeline for about 145 days and an approximate deferment of 50.386 million barrels of crude oil (net) for the six oil firms that pump crude oil into the NCTL since it took over its operatorship in September 2015.

The JTF is a security operation of the federal government comprising the military, the police and civil defence corps. Its primary responsibility is to provide security cover to oil and gas installations in the Niger Delta and prevent oil theft and illegal bunkering in the region.

Despite its presence in the region for over a decade, illegal activities including piracy have continued unabated.

Allegations have also swirled over the involvement of JTF officials in the illegal acts in the oil-rich region.

Last Friday, hundreds of youths had at a press briefing accused the Commander of Operation Delta Safe (Commander of the JTF), Rear Admiral Apochi Suleiman, of complicity in illegal bunkering and oil theft and called for his immediate removal from office.

But in his defence, the navy admiral had pointed accusing fingers at Aiteo and its chief executive of being behind the allegations made by the youths.

Reacting Monday, Aiteo, in a statement issued by its management, said: “We have read with consternation, comments attributed to the embattled Commander of Operation Delta Safe, Rear Admiral Apochi Suleiman on or about June 1, 2018, in which, ostensibly in defence to serious allegations levelled against him, he unfoundedly suggested that ourselves and our chief executive officer, Benedict Peters were somewhat responsible for the publicly aired complaints about actions and outcomes arising from his work at the JTF.

“To put the factual matrix in perspective, it appears that on June 1, 2018, hundreds of youths connected to the Niger Delta region organised a world press conference at Abuja, within which one of the central themes was to draw attention to the activities of Rear Admiral Apochi Suleiman in his role as the JTF supremo.

“Allegations were made against him, accusing him of complicity in the growing menace of illegal bunkering and oil theft and calling for his immediate removal from office.”

Aiteo stressed that it was not in any way involved in the allegations made by the youths against Suleiman, noting that any attempt to suggest otherwise was a distraction that is bound to fail.

“For the avoidance of any doubt whatsoever, any attempt by the embattled Admiral Suleiman to suggest our involvement in the activities of those who undertook the event or indeed any other related activity is a distraction designed to fail.

“It does not in any way detract from the weight of allegations with which Admiral Suleiman has been publicly confronted nor the overwhelming need for him to engage in a process that will allow him to deal with the substantive issues that flow from that event,” the company added.

Aiteo maintained that Admiral Suleiman’s attempt to divert attention from himself was an “ill-conceived, reckless and ineffectual response aimed at fabricating a distant alibi to aerate a degenerating sore of a festering personal wound”.

“Clearly, the Admiral misguidedly considers that there is some form of wrongdoing around the genuine agitation by a people to get protection for their land, property and assets from the vile criminality that oil theft has become.

“For someone who professes to lead a security entity whose principal objective is to engender community safety and protection, this disposition suggests abject insensitivity and a total lack of responsibility, issues presumably at the top of the list of those seeking a change to JTF’s leadership.

“Aiteo has enormous responsibilities in the oil industry requiring focused intensity and attention in the execution of our quite considerable commercial obligations.

“With a daily production in the region of 90,000 barrels per day (bpd), the NNPC/Aiteo JV is now directly responsible for producing five per cent of the country’s daily oil production. In doing so, the group employs over several hundred direct staff and thousands of others indirectly through contractors and service suppliers.

“This sense of responsibility is the bedrock on which our commercial and other activities are founded. Sadly, this oil theft has meant that we are one of the biggest victims of oil theft in the country.

“As the opportunity regretfully presents, we consider it apt to clarify a number of ‘matters arising’ from the admiral’s unfortunate comments:

•The admiral referred to the Nembe Creek Trunk Line (NCTL) as the property of Benedict Peters. This is a poor, ill-informed and disappointing description of the ownership interests in an extremely valuable asset, which the JTF under his leadership professes to support. We need hardly remind him, a very senior naval officer, that the NCTL is actually more the property of the Federal Republic of Nigeria and we, as operating partners, holding a minority interest. The NCTL is an asset owned by the NNPC/Aiteo Joint Venture in which Aiteo owns 45 per cent and the Nigerian Government owns 55 per cent. How then can the rear admiral reasonably suggest that the pipeline is the property of one individual? There are several other oil majors whose crude is injected and transported by the NCTL, including Belema Oil Producing Limited, Eroton Exploration and Production Company, Newcross Petroleum Limited, and Shell Petroleum Development Company (SPDC). Shutdown of such a strategic public infrastructure due to activities from illegal bunkering has a staggering effect on the commercial fortunes of these companies and a significant impact on the Nigerian economy from the ensuing loss of revenue for government.

•As a result of recurrent theft along the NCTL pipeline route resulting in significant pressure reductions on the trunk line, theft points identification as well as illegal refineries, and corroborated by several joint investigative visits constituted by various regulatory bodies and the applicable host community, Nigeria has experienced a loss of production and revenue that should have accrued to the country. In Dec 2016 alone, 45.46 per cent of the total net crude injected into the NCTL was lost on this basis which implies that the country lost revenues that could have been accumulated in the country’s treasury from crude sales.

• Third party interference with the line has often resulted in oil leaks, which ultimately culminate in shutting down the NCTL to undertake emergency repairs. This in itself has resulted in the NCTL being shutdown for about 145 days and an approximate deferment of 50.386 million barrels of crude oil (net) for the six injectors into the NCTL since Aiteo took over the operatorship of the trunk line in September 2015.

•As recently as May 1, 2018 there were a total of 24 illegal bunkering points identified along the NCTL. Aiteo has successfully repaired nine of these illegal bunkering points during May at a huge cost to the company. These illegal bunkering points also contribute to the huge losses on the volumes injected across the NCTL by the six OMLs and the volumes actually received at the Bonny Terminal.

•Due to the continued vandalism of the NCTL and resulting oil theft, Aiteo has written to the federal government, through the Chief of Army Staff, General TY Buratai on two occasions (April 17 and 23, 2018), requesting the involvement of the armed forces in reinforcing existing security arrangements to the pipeline as the incessant security breaches were resulting in losses amounting to billions of naira for the country. We have made similar efforts to other arms of the security apparatus of the country.

•Aiteo is very concerned, not just about the effect of these disruptions on its bottom-line, but the health and livelihoods of people living in these areas. This tragic trajectory is not only condemnable but inimical to human existence, in the long term. It appears that this is a situation that is lost on the admiral.

•It is intriguing that the admiral, rather than address the allegations directed at him, opted unwisely to allege that Mr. Peters supposedly supported the protest because he is ‘trying to hide something’. By these utterances, he personalises and trivialises a matter of grave national concern in an incomprehensibly absurd manner. Aiteo and others with proprietary interest in the pipeline are the hitherto unmitigated victims. As we have indicated, we have pressed relentlessly for the involvement of all arms of the security apparatus of the country to find an enduring solution to the problem, hardly the action of one with ‘something to hide’!

•In our view, instead of seeking the location of ‘shadows’, the admiral anxiously needs to address the issues that are critical to eking out a long-term solution to this pervading menace. Some of these issues are captured in recurring questions that may even have been articulated by those communities complaining about the JTF’s role as follows:

(a) Why has large-scale illegal oil bunkering and refining assumed unprecedented dimensions in recent times?

(b) Is it correct that the security forces are now offering protection/escort services to those allegedly responsible for oil theft?

(c) How is it that vessel movement of the oil thieves occurs unnoticed in the region despite heightened activity in large-scale illegal bunkering?

•Nigeria cannot afford to remain passive as our sovereign wealth is being aggressively pilfered, aided by indifference on the part of relevant stakeholders. These activities are highly injurious to the economy of a country vacillating between a recession and the fringes of economic stability. As a major indigenous producer, we identify with issues about which the communities rightly complain. Although – and again we make this abundantly clear – we have not instigated them to participate in any protest, we believe the object of their complaint about the persistence of illegal bunkering remains germane. All hands must be on deck to diminish and extinguish the theft of oil across the NCTL and other such national facilities and its attendant implications,” Aiteo stated.

The company restated that it did not “mastermind” any of the protests by Niger Delta communities, noting that as a socially responsible organisation, “it understands that the community bears the brunt of illegal bunkering and refining activities”.

“Indigenes of these communities remain morally and legally free to exercise their constitutionally guaranteed civic rights to peacefully protest against the ills in their community till their voices are heard and desired remedial or corrective actions are taken,” Aiteo added.


The company reiterated its long-standing commitment to due process and international best practices in the discharge of every aspect of its statutory mandate.

Naira Pares Losses as CBN Reviews Dollar Rate for BDCs

The naira appreciated Monday as the Central Bank of Nigeria (CBN) approved an upward review of the trading margin for Bureau de Change (BDC) operators in the country.

With the review, BDC operators will now buy the United States dollar from the CBN at N357/$ and sell same at N360, leaving the currency dealers with a margin of N3. The revision also means that BDCs will buy forex at the same rate that banks buy from the CBN for retail transactions such as BTA, PTA and for school fees.



Previously, BDCs bought the greenback from the central bank at N360 and sold same at N362 to the dollar.

Following the announcement, the naira gained N2 to close at N361 on the parallel market, higher than the N363 at which it sold last Friday.

On the Investors’ and Exporters’ window, the naira also gained marginally to close at N361.32 to a dollar Monday, as against N361.12 last Friday.

Confirming the review of rates for BDCs, the acting Director, Corporate Communications of the CBN, Mr. Isaac Okorafor, said the decision was aimed at giving the BDCs a level playing field to enable them to compete favourably with other authorised foreign exchange (forex) dealers.

Okorafor, in a statement, urged BDC operators to abide by the new guidelines and not seek to exploit eager customers by selling above the N360 band, just as he warned that erring BDCs will be sanctioned in the event an infraction is established against them.

Speaking on the development, the acting president of the Association of Bureau de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, welcomed the development and assured the central bank that his members would ensure that “any spike in rate in the market is wiped out”.

“We are calling on our members to comply. Whoever goes contrary to this directive would be summarily dealt with and if possible suspended or we will push for the CBN to revoke the licence of such a person.

“We assure the CBN of our continuing support. This is a target that has been given to us and we would continue to achieve it,” he said.

The CBN in March last year had released new forex guidelines, whereby it directed licensed BDCs in the country to purchase forex from it at N360 to a dollar while selling same to customers at no more than N362.

At the time of the directive, the aim of the CBN was to achieve a convergence between the rates in the official interbank window and that of the BDCs.

In a related development, the CBN in its first sale of the month Monday, offered $100 million to dealers in the wholesale segment of the market to meet the requests of customers.

Similarly, it offered $55 million each to customers in the small and medium enterprises (SMEs) window as well as those in the invisibles segment (retail transactions).

Offa robberies: Police give Saraki 48 hours to send written defence

The police have given President of the Senate, Bukola Saraki, till Wednesday to present his written defence on his alleged link  with suspected robbers, who invaded banks  in Offa on April 4.

Saraki, who disclosed this on Monday  in his facebook and tweeter handle, had earlier said that he was ready to honour the invitation of the police.



The Force Public Relations Officer, Jimoh Moshood, had, on Sunday in Abuja while parading suspects involved in the Offa bank robberies, said alleged gang leaders levelled allegations against Saraki and the Kwara State Governor,  Abdufatah Ahmed.

Moshood had said that Saraki had been asked to report to the Force Intelligence Response Team Office at Guzape, Abuja to answer to the allegations reportedly levelled against him by five alleged gang leaders.

But  on Monday morning, the Senate President  said he was ready to honour an invitation by the police. The lawmaker said he had instructed his aide-de-camp to get the invitation letter from the police.

He wrote, “I have just informed my ADC to get the letter of invitation from @PoliceNG in respect of the allegations raised yesterday (Sunday)— so that I can immediately honour the alleged invitation.”

Later, the Senate President announced that he had received a letter from the police asking him to make his defence in writing and not to appear in person.

“Following my earlier tweet, I have received the letter from @PoliceNG. They are no longer asking me to appear at any station, but to respond in writing to the allegations within 48 hours, which I plan to do,” Saraki wrote.

Meanwhile, the Inspector-General of Police, Ibrahim Idris;  the Director General of the Department of State Services, Lawal Daura, and the Attorney General of the Federation, Abubakar Malami (SAN), met with Vice-President Yemi Osinbajo on Monday.

The meeting was held behind closed doors at the Presidential Villa.



There were reports on Monday that the meeting  was convened because of the invitation of Saraki by the police over the Offa banks robberies.

When State House correspondents approached the police boss for what transpired at the end of the meeting, he declined comment.

The meeting was held  shortly after the DSS withdrew some of its men attached to Saraki and the Speaker of the House of Representatives, Yakubu Dogara.

As of the time of filing this report, the Presidency had yet to issue a statement on the meeting.

nPDP pulls out of talks with Presidency, APC

But the new Peoples Democratic Party bloc in the All Progressives Congress has kicked against the linking of Saraki and  Ahmed to the Offa banks robberies.

The group in a statement on Monday by its leader, Alhaji Kawu Baraje,  said it had suspended its reconciliation talks with the APC and the Presidency.

It cited the Police indictment of  Saraki and  Ahmed, in the Offa banks robberies,  as one of the reasons for the suspension of the talks.

The nPDP had last week met with Osinbajo. It was also scheduled to attend a meeting with the Vice-President on Monday (yesterday).

The Monday meeting was supposed to be attended by the APC Deputy National  Chairman, Lawal Shaibu, and the  Minister of Justice and Attorney General of the Federation, Abubakar Malami.

But the nPDP, in the statement by Baraje said the Presidency and the APC were not interested in reconciliation.

It stated that despite the complaints of its members, the APC went ahead to approve congresses of states, where its members were not well treated.

Baraje stated, “Nigerians may further recall that a team from the former nPDP led by Speaker of the House of Representatives,  Yakubu Dogara, and four others, were to meet with the Vice- President,  Prof. Yemi Osinbajo, today (Monday).

“However, while we are truly and earnestly committed to achieving reconciliation, harmony, truce and cohesion in the APC as we approach the 2019 general election, it appears that the Presidency is not interested in the talks and that they may have been negotiating in bad faith.

“We were alarmed that immediately after our meeting with the Vice-President last week, the Presidency misrepresented what transpired at the meeting by trying to blackmail some of the principal actors involved in the discussions in a national daily.

“Similarly, the leadership of the party (APC) went ahead to ratify all the congresses from wards, local governments, states and zones where many of our members have complaints, effectively presenting us with a fait accompli.”

He added, “His Excellency, Dr. Abubakar Bukola Saraki and His Excellency, Alhaji Abdulfatah Ahmed, the Governor of Kwara State, both of whom attended the meeting with the Vice-President on Monday, May 28, 2018, ,have suddenly been accused of sponsoring armed robbery by the Police under the directives of the Presidency.”

He said that it recognised the powers of the Police to conduct criminal investigations, but he condemned  what he called “an attempt to undermine, caricature and humiliate the institution of the legislature.”

The nPDP leader added,  “It appears that there is a fouled and toxic atmosphere and environment of intimidation and threat to life in which we now find ourselves which may no longer be conducive for members of the former nPDP to continue with the talks.”

Baraje stated, “The nPDP leadership has decided to brief our members on the unfortunate development and get a fresh mandate if good faith returns to the discussions.”

CDHR, SERAP condemn police flip-flop, demand thorough investigation

Meanwhile, two civil society organisations, the Committee for the Defence of Human Rights and the Socio-Economic and Accountability Right Project, have scolded the police for its flip-flop instructions on the armed robbery and murder cases in which the Senate President was invited, demanding that the police should conduct a thorough investigation into the matter.

The CDHR President, Malachy Ugwummadu, said, “…From police directives on stop-and-search to withdrawal of escorts from important personalities, the police have continued to demonstrate ambiguity and uncertainty in their duties.

“If it were to be a lower member of the society, the police would handle the case differently. It has become completely unacceptable the way the police, as the top law enforcement agency in the country, is going about this case. The Senate President also has a right to sue the police for defamation if it is revealed that he is in no way connected to this incident.”

Also the SERAP Director, Adetokunbo Mumuni, said, “This is what we say about our laws. We must follow the due process, not only when it involves people who are not consequential in the society. If it had been a lower member of the society, he would not just be invited; he would be bundled into detention and nothing would happen.

“The Senate President does not have a right not to be investigated or not to be invited. But now that we see what the police are doing, it is only symptomatic of what is obtained by our law enforcement agencies, and it is not good for our democracy.