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Monopoly often exists where there are high barriers to entry or high capital costs

How many individuals or companies can do railways? How many can do refineries of the scale of Dangote Refineries?

 

In a nation that has been importing refined petroleum products for several decades, the abnormal simply became very normal.

 

No smart investor would make a $19.5 billion investment and want it to be undermined by importers.

 

To manufacture is extremely expensive and risky. This is even more so in Nigeria, given the very challenging business and economic environment, fraught with policy uncertainties and policy reversals, and where the self-defeating default mode of “simply import it” is always so easily rationalized and chorused to solve any problem.

 

Competition is good for everyone. But is Dangote refineries anti-competitive? What is the evidence?

 

Has Dangote refineries prevented any other company from setting up refineries? Why have others not done so? How come they have not done so for several decades? Was it Dangote that held them back?

 

But Dangote refineries surely cannot be asked to ‘compete’ with importers of petroleum products.

 

That is not competition. Let the importers set up local refineries and compete by refining in Nigeria. That is fair and justified competition.

 

We cannot and must not undermine, disparage or kill local industries, talk less of one that is of this scale — a jewel of industrialisation in Nigeria.

 

It is more than simply delivering the cheapest product to the market. It is about domestic supply security, driving (and yes, protecting) globally competitive industries, maximizing forward and backward linkages in the local economy, job creation, reducing forex expenses and shoring up the Naira.

 

We must not be myopic.

 

This whole disparaging of Dangote is uncalled for. It is self-defeating. And it is very bad for Nigeria. Who will want to come and invest in a country that disparages and undermines its own largest investor?

 

Investing is tough. Pettiness is easy.

 

It sadly sends a signal that the price for sacrificing for Nigeria is to get sacrificed.

 

Akinwunmi Adesina

Protest: IGP meets Strategic Police Managers, says Force will ‘not condone violent protest

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Against the backdrop of online reports and rumours of nationwide planned protests by disgruntled Nigerian citizens against the federal government, the Inspectior-General of Police IGP Olukayode Egbetokun has held strategic meeting with senior Police officers with a view to putting up adequate measures to avert a breakdown of law and order.

 

The IGP held the monthly conference of strategic Police officers from the rank of Commissioners of Police and above at the Goodluck Ebere Jonathan Peace Keeping Hall Force Headquarters Abuja on Tuesday.

 

The meeting was to among other things review the nation’s internal security strategies to secure lives and properties of the citizens and to manage the planned protest in a most professional way.

 

According to the IGP, the nation is facing numerous security challenges ranging from terrorism banditry, kidnapping, armed robbery, oil theft, pipeline vandalism, and other violent crimes.

 

He however said that the Police will remain undaunted in confronting these security challenges facing the nation.

 

He said that the meeting of the senior Police officers is convened to get the report of the various State Police commands and formations on the reported planned protest and other security challenges.

 

The IGP also stated that there is a significant reduction in the crime rate in the month of July as compared to the preceding months.

 

He added that the achievements recorded by the Police in crime reduction are due largely to collaborative working relationships with other security agencies and the dedication of men and officers of the Force.

 

The Police helmsman also stated that the Police hierarchy has appointed a special task force on oil theft and pipeline vandalism.

 

He said: “We‘ve appointed a special task force on oil theft and pipeline vandalism. Our vision is to employ a Police Force that ‘ll support the government’s efforts in social integration. We are committed to it”.

 

While Fielding question from reporters on the planned nationwide protest, he said that the Police recognize the right of the citizens to peaceful protest.

 

He however said that violent protest organized by any group of persons in a civiilized society is an infringement of the law

 

“The right to peaceful protest is what the law protects. The right to violent protest is criminal and that is what the Nigerian Police will not allow.

 

“People are calling on the protesters to come and replicate what happened in Kenya in Nigeria. But Nigeria has had its own fair share of protests.

 

“Protests had led to loss of billions of Naira and loss of lives and properties. That is what the Nigeria Police will condone”.

 

The IGP appealed to all the citizens of Nigeria especially the youths to shun any temptation to engage in protest and assured that government is working tirelessly to address the issues being raised by those behind the call for protest.

 

He thanked President Bola Tinubu for his continuous support to the Police and assured that the welfare of serving personnel of the force is a priority of the current force management team.

 

Meanwhile, The Rivers State Chairman of the All Progressives Congress (APC) Caretaker Committee, Chief Tony Okocha, has appealed to youths in the state not to join the proposed nationwide demonstration against high cost of living in the country.

 

Addressing a press conference on Tuesday at the APC Media Centre, National Secretariat, Abuja, Chief Okocha accused frustrated and failed politicians of instigating youths to take to the streets to vent their anger against the present administration.

 

He said: “As a party in Rivers State and patriotic citizens of Nigeria, we would like to seize this opportunity to caution against the planned protest by people I call failed politicians. They cannot destroy the APC or the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu. We should support the president as he is determined to move Nigeria forward. It will take time, but the process is in place.

 

“We should not compare Nigeria to Kenya or Sudan. The circumstances and indices are different, and our population cannot be compared to those countries. Encouraging protests will only lead to chaos. We advise Nigerians not to join or support what I call failed politicians who think they can destroy the APC or the president.”

 

On the local government elections in Rivers State, Okocha said: “the Supreme Court in its wisdom has given a judgment on the issue of local governments in Nigeria. Two issues were clear: financial autonomy for local governments and the quasi-local government system, which is still not complete.

 

“The Supreme Court has stated that state governments do not have the power to dissolve local government councils and that council members should be elected. On financial autonomy, the Supreme Court said that their funds should go directly to them and no longer be controlled by the state.

 

“Our concern is that from January 19, 2024, as part of IPAC, we reminded the chairman of the local government election about the law that stipulates that an election should be conducted three months before the expiration of the incumbent chairmen and councilors. The chairman tasked us with doing everything within the law to get the governor’s attention. “Unfortunately, the governor refused to allow the State Electoral Commission to conduct the local government elections because he knew our party would sweep all the positions. He waited for the tenure of the incumbents to expire and then set up a caretaker committee.”

 

The Rivers State APC chairman used the occasion to accuse a judge handling cases involving the party and former members of ÀPC as well as the state government of bias urging that the judge should excuse himself and withdraw from the cases.

 

His words: “The next issue I would like to bring forward is the legal matter instituted by the dissolved executive members of the party who were involved in anti-party activities during the elections. They have filed a suit against the party and are pursuing the matter to a logical conclusion. Their argument is that the National Working Committee lacks the power to dissolve them, despite being briefed that the National Working Committee got the permission of NEC to oversee the party’s affairs since they are the body that meets daily to discuss party matters.

 

“I would like to say that the legal department, led by the National Legal Adviser, is a formidable team and up to the task. We, as a party in Rivers State, are not resting on our laurels. As the matter has been concluded and judgment reserved, the judge at the last meeting announced that they would deliver judgment on the matter but would give the parties 48 hours’ notice before doing so.

 

“Regarding this matter, it is despicable to speak ill of the judiciary. I would like to note that the judge on this matter, who presides over Court 8 in Rivers State, is believed to be on a hatchet job. When we received this information, I recall that we wrote a strongly worded petition against him, which was shown to him by a Senior Advocate on our side. The law and morality suggest that he should recuse himself from the matter, but he insisted on completing it.

 

“We have said many times during adjournments that intra-party matters are meant for the party. The courts should refrain from involving themselves in such matters because it is not the law’s place to decide who the party chairman is. If you are uncomfortable with what is happening in your party, you are at liberty to leave the party. That is the Supreme Court judgment on the matter.

 

“The latent motive of the judge seems to be to remove us from the scene and enthrone a group that has been dissolved for anti-party activities. It is unacceptable for a group of young men to berate the party at the national level. Until this is resolved, we will continue to exercise our right to appeal at the court,” Okocha concluded.

FG allocates over N438 billion to 34 States, FCT under economic stimulus programme   

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The Federal Government has disbursed over N438 billion to 34 states and the Federal Capital Territory (FCT) under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme.

 

According to the Information and Communication Officer of the Federal CARES Support Unit (FCSU), Malam Suleiman Odapu in a press statement, the disbursements were determined by the results achieved by the states and FCT during the third Independent Verification Agency (IVA) assessment conducted in January 2024.

 

This substantial reimbursement aims to bolster state governments and the FCT in mitigating the multifaceted challenges of poverty and enhancing the livelihoods of the most vulnerable populations.

 

The assessment showed that Zamfara, Nasarawa, and Plateau states received the lion’s share getting N49.18 billion, N27.20 billion, and N26.31 billion respectively. However, Kaduna and Anambra States did not present results for verification during this exercise.

 

Dr Abdulkarim Obaje, the National Coordinator of the NG-CARES Programme, expressed optimism that all 36 states and the FCT would participate in the forthcoming fourth IVA assessment scheduled for September 2024.

 

The NG-CARES programme was established to alleviate the adverse socioeconomic effects of the COVID-19 pandemic.

 

It aims to address other economic shocks by providing grants and essential social infrastructure services in impoverished communities.

 

The funds are allocated to various projects, including social safety nets, food security, and support for small businesses, ensuring that assistance reaches the most indigent and vulnerable Nigerians. Initiated in 2021, the NG-CARES programme is scheduled to conclude in December 2024.

 

What to know

“The substantial reimbursement will support state governments and the FCT in tackling the urgent challenges of poverty. It will also enhance efforts to improve the livelihoods and resilience of the poor and vulnerable segments of the population,” Dr Obaje stated.

 

Other states also benefited from the disbursement, with Cross River receiving N20.67 billion, Rivers N19.52 billion, and Niger N17.77 billion. Adamawa was allocated N17.54 billion, Katsina N15.46 billion, Imo N15.41 billion, and Sokoto N14.18 billion. Ondo received N13.93 billion, Delta N13.27 billion, Abia N12.18 billion, and Bayelsa N10.83 billion. Yobe was allocated N10.17 billion, Kwara N9.92 billion, and Osun N9.56 billion.

 

Further allocations include Bauchi with N7.30 billion, Kogi with N6.90 billion, and the FCT with N6.77 billion. Ebonyi received N6.26 billion, Enugu N6.19 billion, Kano N6.15 billion, and Oyo N5.97 billion. Borno was allocated N5.90 billion, Jigawa N5.77 billion, Lagos N5.57 billion, and Taraba N5.51 billion. Ekiti received N5.51 billion, Edo N5.12 billion, Benue N4.91 billion, Akwa Ibom N2.43 billion, and Ogun N2.13 billion.

 

The funds are directed towards social intervention programmes within the states and FCT, with the intention of making a significant impact on the lives of many underserved Nigerians. Dr Obaje expressed confidence that these resources would be judiciously utilized to provide meaningful improvements to the lives of the poor.

 

Credit: Nairametrics

We Won’t Allow Violence Under Guise Of Replicating Kenya Protests – IGP

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The Inspector-General of Police, Kayode Egbetokun, on Tuesday, warned against any violence under guise of replicating the protest which shook Kenya.

 

Following some policies which aggrieved Kenyans considered anti-masses, young persons trooped to the parliament and strategic places across Kenya last month.

 

The protest had led to some reforms, including cabinet reshuffle.

 

Daily Trust reports that some groups are currently mobilising for protest under the theme #EndBadGovernance

 

But speaking at the Force Headquarters in Abuja during a strategic meeting with top police officers from the rank of Commissioners of Police, Assistant Inspector-General of Police (AIG) and the Deputy Inspector-General of Police (DIG), on Tuesday, Egbetokun advised those planning the protest to jettison the idea, saying the police would not fold their arms watching them engaging in violence.

 

The police boss said the force’s decision was based on what happened during the last #EndSARS protest nationwide, insisting that the police, particularly has not been relieved of the trauma they passed through.

 

The top cop said, “Our position is that the proposed violent protests are ill-advised and should be jettisoned fortuitously. We have the responsibility to protect properties and everyone, irrespective of their race, colour, ethnicity, or tribe, who are lawfully embarking on their daily activities.

 

“We will, therefore, not sit back and fold our arms to watch violent activities unleash violence on our peaceful communities or destroy any of our national critical infrastructure and assets again.”

 

According to him, the police have run background checks on many of the organisers and sponsors of the protest, it was found out that many of them are not living in Nigeria, and that they are only out to instigate crisis in the country.

 

He added, “Before concluding this address, it is important I address an issue of urgent national importance which appears to have gained some momentum, particularly on social media, in the past few weeks.

 

“Some groups of people, self-appointed crusaders and influencers, have been strategising and mobilizing potential protesters to unleash terror in the land under the guise of replicating the recent Kenya protests.

 

“While the force acknowledges the right to peaceful protest as enshrined in our constitution, we must ensure that these protests do not snowball into violence or disorder.

 

“As a nation, we have had more than our fair share of violent protests, with rather dastardly consequences. The last #EndSARS protest led to one-tenth destruction of public assets, including police stations, courts, and transport infrastructure, and the loss of several lives.

 

“Tales of sorrow, tears, and blood followed what was supposedly intended to be a well-intentioned exercise. Rather than lead to any positive outcome, EndSars merely aggravated crime rates and insecurity in several parts of the country.

 

“Indeed, we are yet to fully recover from the huge economic losses and deep-seated psychological and emotional trauma inflicted upon our people by these protests.”

 

Fielding questions from journalists, Egbetokun also said that measures are in place to ensure that any hoodlums attempting to disguise themselves as protesters will be apprehended.

 

He stated, “We have mapped out plans to ensure that no individual or group succeeds in fostering a reign of terror and anarchy on other law-abiding and dissolving Nigerians.

 

“Consequently, I want to seize this opportunity to sound the note of serious warning to hoodlums who may want to take laws into their own hands in the name of protests. Do not worry.”

 

Credit: Daily Post

How Brain Jotter’s viral dance revived Mike Ejeagha’s ‘Gwo Gwo Gwo Ngwo’ 41 years after

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How Brain Jotter’s viral dance revived Mike Ejeagha’s ‘Gwo Gwo Gwo Ngwo’ 41 years after

Destiny may be delayed, but it cannot be denied—a statement that rings true for the legendary highlife singer Mike Ejeagha, whose 1983 hit recently went viral, thanks to skit maker Chukwuebuka Amuzie, Brain Jotter.

 

Interestingly, ‘Gwo Gwo Gwo Ngwo’ is not a song title; it is the refrain in “Ka Esi Le Onye Isi Oche,” a song on Ejeagha’s ‘Akuko Na Egwu’ Original Vol. 1, a music album released in 1983.

 

Ejeagha’s renewed fame 41 years after his song’s release is reminiscent of Obesere’s monster hit, ‘Egungun Be Careful,’ which went viral 18 years after it was initially released after a clip from the track’s music videos went viral.

 

Like Ejeagha, Obesere’s career also enjoyed a resurgence in March 2020, leading him (Obesere) to record a remix featuring Zlatan Ibile.

 

Having recovered the fame he had first enjoyed when the track was released 41 years ago, Ezeagha, 92, revered for his Igbo folk songs, has been showered with cash gifts, and Brain Jotter even gifted him N2 million and a car.

 

 

Ejeagha’s 41-year-old classic track, “Ka Esi Le Onye Isi Oche,” tells a whimsical tale of a tortoise tricking an elephant into believing he was appointed festival chairman. This tale has captivated a new generation.

 

Brain Jotter’s viral challenge, which started as a joke, involves the dancers moving their waists rhythmically and doing legwork to the beat of the song “Gwo Gwo Ngwo!”

 

The video garnered millions of views and sparked a viral TikTok trend. The dance involves two people facing each other, walking towards one another before engaging in a comic dance step.

Mike Ejeagha

The song’s resurgence after 41 years has brought renewed attention to Ejeagha’s contributions to Nigerian music, but only a few know the story or the man behind the song.

 

 

Born in August 1932 in Enugu State, Ejeagha began his musical journey in elementary school. Inspired by guitarists Moses Aduba and Cyprian Uzochiawa, he eventually formed his band, Mike Ejeagha and Merry-makers, in 1950.

 

His fame grew through radio programs like “Guitar Playtime” and “Akuko n’egwu” (storytelling in music), where he shared folktales and music rich in social and cultural relevance.

 

Brain Jotter and Mike Ejeagha

Brain Jotter and Mike Ejeagha

After recording 33 albums and being hailed as a pioneer in Igbo folk music, Ejeagha’s recent resurgence in popularity is only a testament to his enduring legacy.

 

He is described as the “grandfather of modern Igbo folk music” as he was in the habit of narrating folktale stories in his songs.

 

The renewed interest in his work has sparked calls for a biographical documentary, though funding challenges have stalled the project.

 

As his song “Ka Esi Le Onye Isi Oche” continues to trend, fans are reminded of Ejeagha’s significant impact on Nigerian music and culture.

 

The song’s catchy melody and relatable lyrics, which tell a folktale about a cunning tortoise and a mighty elephant, have resonated with audiences of different ages.

 

The dance craze extended beyond ordinary users, with celebrities, athletes, and public figures joining the fun.

 

The folktales

The song narrates how the tortoise tricked an elephant into believing he was appointed festival chairman.

 

The story goes that once upon a time in the animal kingdom, the elephant offended the king. The king declared that anyone who could capture the elephant would marry his daughter.

 

Despite the enticing reward, everyone was scared because of the elephant’s enormous size. However, the tortoise confidently told the king that he would bring the elephant despite his small stature.

 

While others were fearful, the tortoise boasted that he would lead the elephant to the palace with a rope. The elephant, unaware of the bounty on his head, was approached by the clever tortoise.

 

The tortoise told him that the king had recognised his good deeds and wanted to reward him with a chieftaincy title, making him the festival’s chairman.

 

READ ALSO: Burna Boy becomes first African artiste to hit 2 billion streams in UK

Excited by the news, the elephant agreed to go to the palace with the tortoise.

 

As they made their way to the palace, the tortoise, lagging behind the faster elephant, suggested, “Since you’re bigger and quicker, let’s enter the palace together. Tie a rope around your neck so I can follow right behind you.” The elephant agreed, and they continued on their journey.

 

However, as they neared the palace, the tortoise realised their arrangement might need more convincing. He pleaded with the elephant, “If I follow behind, I might slow you down. Please, let me ride on your back.” The innocent elephant agreed.

 

When they entered the palace, the entire village was astonished to see the tortoise riding the elephant with a rope around the elephant’s neck. The king was equally amazed and hailed the Tortoise, exclaiming, “Gwo Gwo Ngwo! Chairman!”

 

Listen to the original song below.

 

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South African with Nigerian father faces backlash in race to becoming Miss SA

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A 23-year-old South African beauty queen, Chidimma Vannesa Onwe Adetshina, has faced backlash after making it to the top 16 at the ongoing Miss South Africa (Miss SA) pageant.

 

Born in Soweto to a Nigerian father and South African mother, Adetshina has been targeted by some South Africans who claim she is not South African by birth.

 

According to a South African Vlogger, some South Africans are unpleased that Adetshina made the top 16 in the pageant, adding that Nigerians in South Africa are known to engage in questionable jobs.

 

Responding to the trolls, the beauty queen said in various interviews that she is a South African and qualified to compete at the pageant.

 

“I am a South African citizen and I have met all the requirements to be a part of the Miss SA competition. The fact that my father is Nigerian does not take away from the fact that I am South African. My mother is South African, and I was born and raised in this country,” she said.

 

Also clearing the air on the issue, the Miss SA organisation, in a statement confirmed that Adetshina met all the requirements to participate in the pageant.

 

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“All documentation provided by the entrants is screened and vetted. Chidimma is a South African citizen and has met all the requirements to be a part of the Miss South Africa competition. Her mother is South African (Zulu), and her father is Nigerian,” they said in the statement.

 

According to the Miss SA organisation, to be eligible to contest for the pageant, the contestant must be a South African citizen and possess a valid ID or passport. If the contestant holds dual citizenship, documents relating to both must be made available.

 

Also, as stated in the amended South African Citizenship Act, citizenship can be acquired by birth, descent, or naturalisation.

 

While most South Africans are against the Miss SA organisation allowing Adetshina to continue with the competition, in 2001, Vanessa Carreira, born to Portuguese-Angolan parents in South Africa won the Miss South Africa title.

W’Bank, AfDB to invest $7.5bn in Nigeria’s power sector

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The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in boosting electricity in Africa.

 

Of this sum, Adelabu said Nigeria will get about 25 per cent, being $7.5bn.

 

Adelabu disclosed this during a visit to Splendor Electric Nigeria Limited, a porcelain insulator company located in the Odogbolu area of Ogun State.

 

According to him, the banks would spend the funds on extending electrification to an additional 300 million Africans in the next five years.

 

He told the management of the Splendor to get set to partake in the electrification that would soon commence, adding that he was confident that 20 to 25 per cent of the fund would be awarded to Nigeria because of its large population.

 

“I want to inform you of the proposal or the intention, which is at an advanced stage, by the World Bank and the African Development Bank to spend about $30bn to extend electrification to an additional 300 million Africans within the next five years. And Nigeria is going to participate fully in this. I am confident that nothing less than 20 per cent or 25 per cent of this fund would come into Nigeria because of our population,” the minister disclosed.

 

Adelabu maintained that the focus of the project would be on the enhancement and upgrade of power infrastructure.

 

He said efforts were ongoing to revamp the power sector in Nigeria and Africa in general, adding that there would be regional collaboration to save the continent from energy poverty.

 

Speaking on the Siemens project, he noted that the Presidential Power Initiative involves the construction of thousands of additional lines and tens of new transmission and injection sub-stations.

 

The Ibadan-born politician mentioned that the pilot stage of the Siemens project is nearing completion, adding that Phase 1 of the project would soon commence.

 

With a population of over 200 million people, Nigeria still grapples with an epileptic power supply, with millions of citizens still wallowing in darkness.

 

According to the Nigerian Bureau of Statistics, there are less than 13 million electricity customers in Nigeria.

 

A report by the International Energy Agency stated that Nigeria’s national power grid collapsed 46 times from 2017 to 2023.

 

According to the report, Nigerians endured more nationwide blackouts in 2023, especially on September 14 when the grid collapsed due to a fire on a major transmission line. About four more collapses have occurred this year.

 

 

People in NNPC don’t want subsidy scam to end’- Emir Sanusi

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The 16th Emir of Kano, Muhammadu Sanusi II, has said that Alhaji Aliko Dangote should not be blamed for buying dollars at lower rates at the time he was building his refinery because that was the actual rate the apex bank was selling to everybody at that time.

 

Sanusi, who commented on the issue through SOP Chat Group, initially said: “I honestly do not think it is a good idea for me to make comments on these issues, but some comments surprise me, and I just have to say something.”

 

The emir then went on to remark: “Aliko Dangote did not fix the price at which the CBN sold dollars. Everyone who got dollars from the CBN got dollars at the same rate if they bought on the same day. So we cannot blame him for buying dollars at a rate the CBN itself decided to sell to its customers.

 

“So the question for me is this. Let us forget the man Dangote. If the Central Bank were to prioritize a single enterprise for forex allocation, how many enterprises can we think of that are worthier than a refinery like this one?

 

“Consider the drain on our forex from importing petroleum products; the tens of billions of dollars of forex spent abroad; the huge losses due to theft in the name of subsidy.

 

“By the way, how much forex did Dangote buy from the CBN at this subsidized rate? How much forex did NNPC take from the federation account in the same year in the name of running and turning around its dead refineries? What are we benchmarking against?

 

“If any Nigerian came to me as a Central Bank Governor with a project like this refinery, I would recognize immediately its potential impact on the economy and give it all the support needed.

 

“Let our views on forex policies not becloud our sense of priorities. Once the CBN decided to sell dollars at the below market, it would be forced to ration the limited dollars available.”

 

“To my mind, giving dollars for the construction of a refinery is better than rice importers and, indeed, almost every other enterprise apart from education and health, given the impact on the macro.”

 

On the argument by NNPC that relying on one refinery is bad for our energy security, Muhammadu Sanusi II said: “This is most laughable. On the contrary, relying on a local refinery is far more secure than these imports.

 

“It is a very rich argument from an entity that had taken billions of dollars in the name of turnaround maintenance and not produced a drop of product from four refineries because it is more profitable to continue extracting rent in the name of subsidy. If NNPC activated its refineries, there would be no monopoly. Then, we can see the sulphur content of its products and compare them to Dangote’s.”

 

He said further: “Until then, keeping quiet is the honourable option for it, NNPC and its spinoffs have lost any right to talk until they fix the mess they have thrown us into.

 

“In any case, if the Dangote refinery is unable to meet local demand, the gap can be filled by imports, these people in NNPC do not want to end their lucrative subsidy scam, and I don’t think they will end it.

 

” But as a nation, if we do not thank Dangote for what he has done as an African to deal a hammer blow to multinationals and the rentier system and for structural change in this economy through value added in various sectors, we should not condemn him.

 

“Also, we tend to repeat stories without evidence. We hear about Dangote getting favourable taxation but no one has said what this tax is, if he got it alone or if it was offered to a sector or to pioneers, and if such a practice is in fact normal to encourage investment.”

 

The emir concluded thus: “Instead of killing Dangote, we should try and make more like him. Nigeria always kills its heroes and its best because of envy and pettiness.”

Fintech: OPay drives innovative features to protect users

A leading fintech company, OPay, has unveiled enhanced security features to protect the funds of customers.

 

In a statement issued on Sunday, the mobile money platform said the innovations were in tandem with its desire to provide peace of mind for the users of their platform.

 

OPay is a mobile money operator licensed by the Central Bank of Nigeria and it recently revealed that its users’ deposits were protected by the Nigeria Deposit Insurance Corporation, the same as the traditional banks, offering a double layer of protection for users’ hard-earned money against unforeseen circumstances.

 

On the new security features, the Managing Director of OPay, Mr Dauda Gotring, said, “At OPay, users’ financial security is our top priority. By combining comprehensive regulatory compliance, innovative security features, and ongoing user education, we are building a digital banking ecosystem where users can transact with confidence.

 

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“We have developed a short code to allow users to lock their accounts immediately if their phone or card is misplaced or stolen. So, if this ever happens to our dear users, they can get a phone and dial #955*131# to lock their account and #955*132# to lock your card immediately without any hassle.”

 

According to the firm, the USSD short code allows users to instantly lock their OPay account in case their mobile phone is misplaced or stolen, adding that it also grants the user immediate control, allowing them to lock their OPay card with a single dial.

 

“Protecting users’ data from phishing attacks and scams is equally crucial. OPay is actively committed to raising user awareness through regular SMS and in-app notifications. These reminders emphasise the importance of never disclosing your one-time password, as no OPay staff will ever request it. By empowering users with knowledge, OPay fosters a vigilant community against fraudulent activities.

 

“Adding another layer of protection, OPay’s advanced fraud detection system actively monitors for suspicious activity. If a potential scam is identified, the system triggers an immediate double-confirmation alert before any transaction occurs. This crucial pause empowers users to verify the recipient and transaction details, effectively catching scams in their tracks before any damage is done. It’s like having a vigilant financial guard protecting users in the digital marketplace,” part of the statement read.

Adegboruwa Asks Supreme Court To Stop Lagos Government’s Movement Restrictions During Sanitation Exercise

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Fifteen grounds were listed in support of the application signed by Oluwatosin Adesioye, Esq., Deputy Head of Chambers (Litigation) of Ebun-Olu Adegboruwa SAN & Co.

 

A human rights lawyer, Ebun-Olu Adegboruwa, SAN, has dragged Governor Babajide Sanwo-Olu of Lagos State to the Supreme Court seeking an order to restrain the government of Lagos State from imposing movement restrictions on Lagosians during the planned monthly environmental sanitation exercise.

 

In a Motion on Notice filed at the registry of the Supreme Court on Monday, July 22, 2024, the human rights advocate is seeking an order of injunction to restrain Sanwo-Olu, the Attorney General, Lagos State Commissioner for Environment and Lagos State Ministry of Environment.

 

The four were listed as 1-4th Respondents as Adegboruwa seeks an order against them from restricting his movement and that of other residents of Lagos State, on the last Saturday or any other day of every month for the purpose of observing any environmental exercise/activity pending the hearing and final determination of the appeal pending in the Supreme Court.

 

In Motion Marked SC/CU/380/2024, Adegboruwa, sought among others an order restraining the respondents from arresting and detaining him and other residents of Lagos State on the last Saturday or any other day of every month whatsoever, for the purpose of enforcing compliance with the environmental sanitation policy of Lagos State pending the hearing and final determination of the appeal pending before the Supreme Court.

 

Fifteen grounds were listed in support of the application signed by Oluwatosin Adesioye, Esq., Deputy Head of Chambers (Litigation) of Ebun-Olu Adegboruwa SAN & Co.

 

Recently, there has been unconfirmed news of the planned resumption of the monthly environmental sanitation policy of Lagos State, by which all residents are forced to remain indoors for three hours on the last Saturday of every month.

 

On March 16, 2015, the Federal High Court, Lagos presided over by the Honourable Justice M.B. Idris (as he then was) struck down the environmental sanitation programme of Lagos State and further restrained the Inspector-General of Police and all police officers from enforcing the said policy through indiscriminate arrest of citizens for non-compliance.

 

Although the Lagos State Government appealed against the judgment, it nonetheless abolished the unpopular policy.

 

In a 17-paragraph affidavit in support of the application for injunction before the Supreme Court, Mr. Daniel Sidi Wamdzu, Litigation Executive in the law office of the applicant narrated the sequence of events leading to the case.

 

He stated, “Sequel to the commencement of Suit No. FHC/L/CS/1690/2024 before the Federal High Court of Lagos State, sitting at Ikoyi, Lagos State, on 16th day of March 2015 judgment was delivered by the Federal High Court, Coram Honourable Justice M.B. Idris (as he then was) (hereafter the Trial Court).

 

“By the judgment of the Trial Court, it was held that the rights of the Applicant as guaranteed under Sections 35 and 41 of the 1999 Constitution had been infringed upon by the Respondents and as such all the substantive reliefs sought by the Applicant against the Respondents were granted as prayed.

 

“The Applicant and other residents of Lagos State have been, without any resistance or hindrance, allowed their everyday free movement inclusive on the last Saturday or any other day of every month whatsoever since the judgment of the Trial Court. On the other hand, the Respondents terminated the monthly environmental sanitation exercise which hitherto held on the last Saturday of every month.

 

“The Respondents’ appeal against the judgment of the Trial Court was allowed by the Court of Appeal, Lagos Judicial Division on the 23rd day of November 2011, and being dissatisfied with the decision of the Court Below, the Applicant filed a Notice of Appeal on 6th February 2022 against the judgment of the Court Below.”

 

He further stated, that the record of appeal was settled, compiled and transferred to this Honourable Court which has led to the present appeal to wit: Supreme Court No: SC/CV/380/2022. “While the Applicant and the Respondents, been subjected to the final determination of the instant appeal, are awaiting the hearing and final determination of this appeal, the Applicant as well as other residents of Lagos State have been enjoying their everyday free movement inclusive on the last Saturday or any other day of every month in Lagos State.

 

“As it stands, the Respondents are yet to file a Respondents’ Brief of Argument despite receiving on the 31st day of May 2022 the Appellant’s Brief of Argument filed on 9th May 2022. Notwithstanding that the extant appeal is pending and ripe for hearing, the Respondents have been taking steps to re-introduce the compulsory compliance with their monthly environmental sanitation policy/ exercise in violation of Section 35 and 41 of the 1999 Constitution and the rights of the Applicant.

 

“Particularly as published in news reports, the Respondents have indicated their resolve and concluded arrangements to resume their compulsory environmental sanitation exercise in Lagos State in the month of July, 2024 or subsequent thereafter with the threat to restrain the movement of the Applicant and other residents of Lagos state (the very issue submitted to this Honourable Court for final determination in this appeal).

 

“Online publications of the Punch Online and The Guardian titled: “Lagos to reintroduce monthly environmental sanitation after eight years”. As it stands the Applicant is apprehensive that despite the pendency of this appeal which the same is ripe for hearing, the Respondents are now taking steps to erode the judicial powers of this Honourable court to determine the Appeal despite not filing any Respondent brief to this appeal.

 

“Rather than await the final decision of this Honourable Court in determining the validity of the compulsory compliance with the Respondents’ monthly environmental sanitation policy/ exercise vis-à-vis the Applicant’s right to liberty and movement as guaranteed by the Constitution, the subject matter of this appeal, the Respondents are now resorting to self-help in total disregard to the pending appeal with the aim to render a fait accompli to the decision of this court.

 

“I am informed by Emmanuel Omohavwa, Esq. a legal practitioner in our law firm, on the 22nd day of July, 2024 at about 1:00pm via a telephone call and I verily believe him to be true when he stated as follows:

 

That this appeal raises recondite issues of law for determination and likely to succeed hence the non response or opposition to the Appeal on the merit from the Respondents.

 

“That it is in the interest of justice if the res of this appeal (which is Applicant’s continuous enjoyment of free movement in, within and out of Lagos State as guaranteed by the Constitution of the Federal Republic of Nigeria) is preserved pending the final determination of this appeal.

 

“The Applicant has been diligent in prosecuting this appeal hence the timely filing of the Appellant’s Brief of Argument since 9th day of May, 2022. That the pending appeal has arguable grounds and there are chances of success thereto.”

 

He told the court that if the Respondents are not restrained from enforcing any activities/ policy that will restrict the daily movement and freedom of the Applicant as well as other residents in Lagos State, the Applicant’s appeal in this Honourable Court will be rendered “academic, otiose and nugatory”.

 

The Applicant stated that there are special and exceptional circumstances in the Applicant’s Notice of Appeal which warrant an order of injunction against the Respondents in favour of the Applicant pending the determination of the Applicant’s appeal.

 

“If this application is refused and the said appeal is eventually upheld, the res before the Court of Appeal, which is the constitutional right of the Applicant would have been grossly abused and eroded. That there is need therefore to grant this application in order not to render nugatory the decision of the Court of Appeal in the eventual success of the Applicants’ appeal.

 

“If the Applicant’s application is not granted pending the hearing and determination of his appeal, the Applicant will suffer great and untold hardship, irreversible loss of his freedom, damage and injustice as the Respondents may proceed to lavishly restrict his constitutionally guaranteed right.

 

“Having waited since March 2016 till July, 2024, a period of over eight years without derogating the Applicant’s free movement and liberty in Lagos State, the Respondents will not suffer any prejudice or hardship if they are made to be restrained and await the final determination of this appeal.

 

“It will cause greater hardship to the Applicant if the instant application is refused.”

 

Meanwhile, no date has been fixed for the hearing of the motion.