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2019 Polls: Buhari Rejects Amended Timetable …It’s Our Responsibility To Fix Election Sequence -Senate

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President Muhammadu Buhari has written to both chambers of the National Assembly indicating that he will not sign into law the new 2010 Electoral Act (Amendment), in which the lawmakers introduced a new Sub-Section 25, which rearranged the sequence of the 2019 general elections, placing the National Assembly election first and Presidential election last.
Buhari, in a letter to the two chambers of the National Assembly, read in the Senate and House of Representatives, yesterday, predicated his veto on infractions on constitutional provisions, particularly with regards to the one on new sequence of elections.
The letter titled: “Presidential Decision to Withhold Assent to the Electoral Amendment Bill 2018” reads in part: ‘Pursuant to Section 58(4) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), I hereby convey to the Senate, my decision, on 3rd March, 2018, to decline Presidential Assent to the Electoral Amendment Bill 2018 recently passed by the National Assembly.
“Some of my reasons include the following: (a) The amendment to the sequence of elections in Section 25 of the principal act, may infringe upon the constitutionally guaranteed discretion of the Independent National Electoral Commission (INEC) to organise, undertake and supervise elections provided in Section 15(A) of the third statue to the Constitution;
“(b) The amendment to Section 138 of the principal act to delete two crucial grounds upon which an election may be challenged by candidates, unduly limits the rights of candidates in elections to a free and fair electoral review process;
“© The amendment to Section 152 Subsection 325 of the Principal Act may raise constitutional issues over the competence of the National Assembly to legislate over local government elections”.
However, the letter was not subjected to debate in the Senate, though there was a closed door session before the plenary.
But briefing journalists after the Senate plenary session, the Chairman of the Senate Committee on Media and Publicity and Senate spokesman, Senator Aliyu Sabi Abdullahi, noted that any action that would be taken by the Senate on Mr President’s letter would come after the adoption of the letter into its votes and proceedings of today.
His words, “Senate has not taken any action on the letter vetoing the 2010 Electoral (Amendment) Bill 2018 for now because there are processes and procedures of taking such actions.
“First, having received the letter, yesterday, as read on the floor by the Senate President, the next line of action would be to approve it in our votes and proceedings tomorrow (Wednesday), after which it will be properly studied for any possible line of action”.
Recall that the National Assembly, three weeks ago, passed the 2010 Electoral Act (Amendment) Bill and reordered the sequence of the 2019 general elections against the earlier one announced by the Independent National Electoral Commission (INEC).
INEC had in its own sequence of elections, fixed February 16, 2019, for Presidential and National Assembly elections, and March 2, 2019 for governorship and state Houses of Assembly elections.
However, the National Assembly, in its own sequence of elections, put that of the National Assembly first, followed by the governorship and state Houses of Assembly elections and Presidential election last.
The Tide gathered that the lawmakers have the option of accepting President Buhari’s action or overriding the President on the veto.
To achieve the latter option, they would require the assent of 73 senators and 240 House of Representatives members to counter the President’s veto, being the constitutional 2/3 majority stipulated by the Constitution for the purpose.
It would also be recalled that in the wake of the Senate’s passage of the Amendment Bill on February 14, 10 senators led by Senator Abdullahi Adamu had protested against the new sequence, and staged a walkout on the Senate.
They also vowed that the bill would not be signed into law by President Buhari.
Recall that one of the senators who protested against the bill, Senator Omo Agege (Delta Central) also boasted that the group had the support of over 55 senators who were against the passage of the bill.
But he later recanted the claim on the floor of the Senate when he withdrew his statement; and apologised to the Senate for giving the information which he admitted was wrong.
Meanwhile, the Senate has told the Independent National Electoral Commission that it is the responsibility of lawmakers to fix the order of elections in the country.
It said the election body should not be misguided on the extent of the powers of the National Assembly in the amendment to the Electoral Act 2010.
The warning is coming against the backdrop of the imminent face-off between INEC and the National Assembly over the ordering of the 2019 elections.
INEC wants the presidential election to hold first, whereas the National Assembly has passed a bill, awaiting assent by President Muhammadu Buhari, for the election of the president to hold last.
While this was going on, the Chairman of INEC, Prof. Mahmood Yakubu announced the dates for elections for the next 36 years.
But speaking last Monday while declaring open a public hearing on the bill seeking to establish the National Electoral Offences Commission, the President of the Senate, Dr. Abubakar Bukola Saraki, represented by the Deputy Senate Leader, Senator Bala Ibn Na’allah, said: “Of recent, there have been arguments on who has power to do what.
“INEC should be cautious of who it is listening to.
“We would not sit anywhere this constitution will be violated.
“It is necessary we caution ourselves.
“We need this country, we love this country.”
Saraki also noted that some political aspirants and parties were already campaigning when INEC had yet to declare electioneering open, adding, “The Senate in particular would be very worried, if INEC begins to condone the actions of some political parties.
“You have not declared campaigns open, and some are already campaigning.”
However, the Peoples Democratic Party (PDP) has said that it was not surprised that President Muhammadu Buhari withheld his assent to the legislation by the National Assembly, reordering the sequence of general elections in the country, particularly given the tendencies he has continued to display as a politician.
A statement issued by Kola Ologbondiyan, National Publicity Secretary of the party in Abuja yesterday, expressed the PDP’s belief in democracy and subscription to all its tenets including the respect for the powers of the National Assembly to make laws and to amend such laws as occasion demands.
It said in the light of this development, the PDP, and indeed all well-meaning Nigerians were now eagerly awaiting the final decision of the National Assembly on the amendment.
The statement said: “As a party, we are not afraid of the 2019 general elections because we know that Nigerians have already rejected President Buhari and his dysfunctional All Progressives Congress (APC).
“Against this backdrop, the PDP assures to provide all the members of our great party a level playing ground to choose a Presidential candidate in a National Convention that promises to be open, free, fair, credible and transparent.
“We know that with the support of Nigerians, any candidate that emerges on our platform ahead of 2019 will clinically defeat President Buhari at the polls and lead our nation back to the path of progress, national cohesion and a vibrant economy.”

 

Nneka Amaechi-Nnadi, Abuja

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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”

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FG Laments Low Patronage Of Made-In-Nigeria Products

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A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.

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Nigeria Seeks Return To JP Morgan Bond Index

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The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.

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