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Ex-Minister Of Finance, Zainab Ahmed Lands World Bank Job

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The immediate past Minister of Finance, Mrs. Zainab Ahmed has landed a World Bank job as an Alternate Executive Director.

Baring hitches, she will resume at the bank’s headquarters in Washington on July 10.

However, there appears to be pushback from some interests who alleged that the former minister did not follow due process.

An online medium, today, quoted Washington sources as saying that Mrs. Ahmed circumvented appointment procedures by nominating herself .

The report also had it that the World Bank had requested for the nominations of three economists for an AED position, several months before the end of the President Muhammadu Buhari administration, but that the minister kept the letter to herself.

It was also alleged that the minister neither obtained President Buhari’s approval of her self-nomination nor the approval of the new President, Sen. Bola Tinubu.

However, a highly placed federal government source who is familiar with the World Bank system told Vanguard that Mrs. Ahmed did nothing wrong in the appointment.

According to the source, “It’s impossible (for her to nominate herself). And she didn’t. She was validly nominated by the Ministry (of Finance) and President Buhari approved her nomination before he left.

“This type of nomination is routine as a former DG Budget was nominated at the twilight of the Jonathan administration and nobody made any noise about it. It’s truly unfair.

“The former DG Budget was nominated as Executive Director, African Development Bank.”

The source explained that the AED position is usually occupied by former Ministers of Finance (Governors of World Bank) or Permanent Secretaries in the Federal Ministries of Finance (Alternative Governor of World Bank).

He said, “Also, please note that the ED from South Africa was a former South African Minister. The position is meant for either former Minister of Finance ( Governor World Bank) or Permanent Secretary Finance( Alternate Governor World Bank) ,i.e. those familiar with the development policy issues and transfer of real resources to developing countries.

“And those who understand World Bank Executive Board issues and have helped in shaping World Bank decision making from the viewpoint of Authorities/member countries in recent times.

 

“It’s not a position for theoretical Economists who have not had any dealings with the Ministry of Finance in Sovereign member countries.”

Mrs. Ahmed is expected to work under Ayanda Dlondlo, a former South African Minister who is the Executive Director.

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Fagbemi warns against obstructing EFCC from performing its lawful duty

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The Minister of Justice, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty .

Fagbemi’s warning is contained in a statement in Abuja.

“This is a matter of very grave concern, it is now beyond doubt that the EFCC is given power by the law to invite any person of interest to interact with them in the course of their investigations into any matter, regardless of status.

“Therefore, the least that we can all do when invited, is not to put any obstruction in the way of EFCC, but to honourably answer their invitation.

“A situation where public officials who are themselves subject of protection by law enforcement agents will set up a stratagem of obstruction to the civil and commendable efforts of the EFCC to perform its duty is to say the least, insufferably disquieting’’.

He added that running away from the law will not resolve issues at stake but only exacerbate them.

“Nigeria has a vibrant judicial system that is capable of protecting everyone who follows the rule of law in seeking protection.

“I therefore encourage anyone who has been invited by the EFCC or any other agency to immediately toe the path of decency and civility by honouring such invitation instead of embarking on a temporising self-help and escapism.

 

“This can only put our country in bad light before the rest of the world’’.

He said institutions of state should be allowed to function effectively and efficiently.

“I stand for the rule of law and will promptly call EFCC, and indeed any other agency to order when there is an indication of any transgressions of the fundamental rights of any Nigerian by any of the agencies’’.

NAN reports that the EFCC had on Wednesday warned members of the public that it was a criminal offence to obstruct officers of the Commission from carrying out their lawful duties.

Section 38(2)(a(b) of the EFCC Establishment Act makes it an offence to prevent officers of the Commission from carrying out their lawful duties. Culprits risk a jail term of not less than five years.

The warning , the EFCC said, became necessary against the background of the increasing tendency by persons and groups under investigation by the Commission to take the laws into their hands by recruiting thugs to obstruct lawful operations of the EFCC.

On several occasions, the anti graft agency said, operatives of the Commission have had to exercise utmost restraint in the face of such provocation to avoid a breakdown of law and order.

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Unknown Gunmen Abduct Channelstv Reporter In Port-harcourt

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Some unknown gunmen have kidnapped Joshua Rogers, the ChannelsTV reporter in Port-Harcourt, the Rivers State capital.

Politics Nigeria learnt that Rogers was picked up close to his residence at Rumuosi in Port Harcourt and to an unknown destination by the gunmen around 9pm on Thursday, April 11.

The reporter was driving his official ChannelsTV branded car when the hoodlums accosted, pointed a gun at him and took him away in the same vehicle.

 

Rogers was said to be returning from his official assignment in Government House after a trip to Andoni for a government event when the incident happened.

Already, the gunmen were said to have contacted his wife and demanded a N30million ransom for bis release.

His cameraman confirmed the incident and appealed to his abductors to set him free unconditionally.

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