Headline

EFCC Chairman Orders Operatives To Declare Assets

Published

1 month ago

October 25, 2023

The Chairman of the Economic and Financial Crimes Commission, Mr Ola Olukoyede, has directed staff members of the commission to immediately declare their assets in line with civil service regulations and procedures.

He gave the directive on Tuesday at the commission’s headquarters in Abuja while addressing senior staff members of the EFCC, stressing that, fighting corruption required those at the vanguard to be above board.

The EFCC boss assured the commission’s staff members that adherence to the rule of law would be an article of faith and a defining principle of work.

“The EFCC is a creation of the law. We must do our job in line with the dictates of the law. This is a standard international practice and we would ensure that it is our established norm.

“All of us are going to declare our assets; from Level 17, downward. I did mine, so there’s no reason for anyone to be afraid to do the same. Even the commission’s secretary did, you all may also have done it in the past, but there’s a need for all of us to do it again. We will declare our assets, and we are going to investigate them.

“We must live above board by setting the pace with good examples. As anti-corruption fighters, our hands must be clean, so we must declare our assets,” the spokesperson for the EFCC, Dele Oyewale quoted Olukoyede as saying in a statement made available to journalists on Tuesday.

While urging the operatives to be professional, he further called on staff members of the commission to pay premium attention to the basis of fighting economic and financial crimes, pointing out that, such efforts should be geared towards growing the economy of the nation, creating rightful environment for enhanced investment and strengthening the productive base of the economy.

Olukoyede added, “We must do our job to add value to the nation. Investors must have confidence in the economy and we must help the country to be governed in an accountable and transparent manner. By doing this, it will offer us a new direction to redeem the image of the nation.

“Please, I beg you, let our hands be clean and put our house in order. Some may not like me, but I am going to do the right thing and treat everybody equally irrespective of religion, ethnicity and region.”

He assured the staff members of a better welfare package, enhanced training and equal opportunities to ensure higher productivity. He warned “those compromising their works and position to desist from such conduct, as dire consequences await every unsavoury tendency.”

Headline

President Tinubu Seeks Senate Approval For Fresh $8.6billion, €100million Loans

Published

2 hours ago

November 28, 2023

Olakunle Adeniyi

The president made the request through a letter to the Senate, read during the plenary by the Senate President, GodsWill Akpabio, on Tuesday, noting that the fund was to execute critical projects in different sectors.

The President Bola Tinubu-led administration has sought the approval of the Nigerian Senate for $8.6billion and €100million borrowing plan.

The request was said to be part of the federal government 2022-2024 external borrowing plan approved by former President Muhammadu Buhari’s administration, according to the letter.

Tinubu explained that the projects to be funded with the loan cuts across different sectors of the economy, and were selected based on economic evaluation and the expected contribution to the country’s development.

The letter reads in part;, “I write in respect of the above subject and to submit the attached the federal government 2022-2024 external borrowing plan for consideration and early approval of the National Assembly to ensure prompt implementation of the projects.

“The Senate may wish to note that the past administration approved a 2022-2024 borrowing plan by the federal executive council (FEC) held on May 15, 2023.

“The project cuts across all sectors, with specific emphasis on infrastructure, agriculture, health, water supply, roads, security, and employment generation as well as financial management reforms.

“Consequently, the required approval is in the sum of $8,699,168,559 and €100 million.

“I would like to underscore the fact that the projects and programmes in the borrowing plan were selected based on economic evaluations as well as the expected contribution to the social economic development of the country, including employment generation, and skills acquisition.

“Given the nature of these facilities, and the need to return the country to normalcy it has become necessary for the Senate to consider and approve the 2022- 2024 external abridged borrowing plan to enable the government deliver its responsibility to Nigerians.”

In August, the National Assembly approved President Tinubu’s request for over $800 million loan to finance the National Social Safety Network Programme.

The National Assembly had also approved the 2022 Supplementary Appropriations Act of N819 million “for the provision of Palliatives to Nigerians to cushion the effect of fuel subsidy removal”.

Headline

Tinubu Should Review RECs Appointment – Ex-INEC Chairman, Jega

Published

12 hours ago

November 28, 2023

Ifunaya Emeka

A former Chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, has called on President Bola Tinubu to review the appointments of the commission’s Resident Electoral Commissioners (RECs).

Jega said Tinubu should review their appointments due to concerns that some of the RECs are partisan.

About a month ago, Tinubu had nominated 10 RECs, with the Senate confirming their appointments.

However, some of the RECs have been accused of being involved in partisan politics.

Reacting to the criticisms, Jega said the non-review of their appointment sends the wrong signal.

Featuring on Channels Television’s Politics Today on Monday, Jega said: “I think there is no doubt that if the President were listening, my advice would be to immediately review the appointment of the Resident Electoral Commissioners that was passed by the Senate recently.

“It’s very, very important because clearly, not only does it send a wrong signal about the government’s intention to improve the integrity of elections, it also suggests, you know, that there is indifference with regards to protecting the independence and impartiality of the election management body.

“I would want to believe that Mr President was either misinformed or is not really furnished with all the necessary details with regards to these appointments.”