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Avengers Not Afraid Of Military -As Threat To Resume Attacks Worries Editors -Clark Warns

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Former Information Minister, Chief Edwin Clark, has told the Federal Government that members of the Niger Delta Avengers (NDA) are not afraid of the military personnel deployed in the oil-rich region.
He called on President Muhammadu Buhari to count the cost of the frequent deployment of military personnel to resolve issues in the region, adding that the use of force had never achieved the desired peace in the region.
Clark, who spoke against the backdrop of massive military activities in the Niger Delta region, however, warned government officials and security forces to desist from “overzealous acts” that could create unnecessary anxiety and tension in the region.
He said the relative peace in the region was engendered by the concerted efforts of members of the Pan-Niger Delta Forum (PANDEF) and not necessarily the deployment of troops.
“One would have expected the Federal Government and the military to know that the NDA has never shown any sign of retreat or fear when, between February 2016 and August 2016, the area was over-militarised by the Operation Crocodile Smile.
“These are people who are ready to sacrifice their lives for what they believe in, which is remediation of the neglect of the region.
“It is the ordinary people, including women and children, that are the victims of this show of power by the military. For instance, school children will be too scared to go to school. The fishermen and the petty traders will either hide in their rooms or run away from their homes for safety.
“We are quite hopeful that the ceasefire will not be broken. Therefore, the actions by the military at the Bennett Island in Warri, Delta State, as reported in a newspaper last Thursday, is uncalled for.
“When the NDA gave its notice of withdrawing its ceasefire and resuming hostilities for obvious reasons, the leadership of PANDEF quickly intervened, appealing to them to maintain the status quo and went further to send emissaries of youths and former militants to the creeks to deliberate with the NDA.
“It will be very difficult, if not impossible, to use the military force to cow the people to submission. The wise thing for the Federal Government to do will be to sit down and dialogue with the people.
“What the Federal Government is doing right now is misapplication of resources. Can the Federal Government sit down and calculate how much it has cost it to deploy military to the Niger Delta area from 2002 to date?
“Can the Federal Government tell Nigerians what these figures are? And has military action brought peace?
“But for the intervention of well-meaning elders, let the Federal Government tell the Nigerian public what meaningful progress its actions have brought outside pain and humiliation,” he said.
Meanwhile, the Nigerian Guild of Editors (NGE) has expressed worry over the threat by the Niger Delta Avengers to resume attacks on oil facilities in the oil-rich Niger Delta region, and called on the militant group to drop the threat, and embrace dialogue in resolving their grievances.
The NGE said this in a communiqué issued at the end of the Standing Committee Meeting of the Nigerian Guild of Editors held in Katsina, Katsina State, last Thursday, and signed by its President, Funke Egbemode, and General Secretary, Victoria Ibanga.
The Guild urged the Federal Government not to resort to the use of force in resolving the matter, stressing that the use of force has never solved any problem.
“As stakeholders in the task of nation-building, the Guild is worried by the recent show of military force in the quest to neutralise the threat of the militants. This move has done little to calm the tension; instead, it has aggravated it. We urge caution and restraint,” the communiqué stated.
The Guild also urged the government to dialogue with all stakeholders, including the aggrieved militants to resolve the problems in the region, insisting that the only path to peace was dialogue.
“The Guild notes that renewed hostilities in the Niger Delta will reduce Nigeria’s daily oil output, which will in turn deny the country the benefits of the current marginal increase in the price of crude. Anything that is capable of returning Nigeria to economic recession should be avoided,” the communiqué advised.
“We seize this opportunity to appeal to traditional rulers in the region to use their offices and goodwill to call the Avengers and any other militant group in the region to order. As royal fathers and leaders of thought, we urge them to play a leading role in the resolution of any breakdown in communication between the Federal Government, oil majors and the militants. We cannot afford another bout of force majeure by oil majors on account of insecurity in the region.
“The Guild also notes the increasing crime rate in the country, especially kidnappings and communal clashes and calls on security agencies to rise to the occasion. The Guild urges the Federal Government to deploy the relevant security agencies to check the pervasiveness of these crimes,” the Nigerian Editors said.
According to the communiqué, “The widening spread and growing frequency of kidnappings and allied criminal acts do not only threaten the nation’s socio-political stability, they also rob Nigeria of income as potential investors are scared of coming into the country while in some instances, existing investors are being forced to leave the country. Either way, the nation loses.
“On the 2018 budget proposal currently before the National Assembly, the Guild is concerned about the size of the recurrent as against the capital expenditures. This trend, which is inimical to any country’s development, has continued for so long. We urge prudence and innovative budgeting in order to achieve a reversal in the nearest future.
“On the state of the media, the Guild is worried that in spite of the country exiting economic recession, the media industry is mired in distress. We recommend that stakeholders should come together to seek the way forward,” the NGE added.

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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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