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Ibori Loot: Who Should Benefit?

There have been mixed reactions as the British government resolved last week to return to Nigeria the sum of $4.2 million (N2.2 billion) funds allegedly recovered from the account of friends and families of former Delta State Governor, Chief James Ibori. The issue being debated around the towns and cities of the country is whether the recovered fund should be used by the Federal Government to facilitate projects or given to Delta State Government, since it was originally allocated to the oil-rich state.
A similar incident is that of late military ruler, General Sanni Abacha’s Swiss refund of $320 million.
There is this argument that since the recovered fund was from the governor of a particular state, then the alleged looted fund belonged to the state since he was the custodian of the state.But another group said that since the fund was released from the Federal Government, then the alleged crime was committed against the Federal Government, moreover the federal is instrumental to the recovery of the looted funds from the UK Government, the Federal Government should benefit.
It is surprising to hear how funds are being carted away from public purse perhaps not directly from those who are in charge of the funds but by their cronies through dubious means. Yet when an ordinary person goes for transactions which involve little funds in the banks, he will be mandated to present regulatory identity cards. Why do the financial institutions note query the source of huge sums deposited in their custody?
Even in the foreign banks where those money are deposited, they don’t scrutinise the account holders bearing in mind that such funds cannot belong to an individual. These are heavy financial crimes involving millions, billions and even trillions that should be used to improve citizens’ lives and then only a few will be in possession depriving others from partaking of it.
Whether the Federal Government or Delta State benefits from the refund, when utilised maximally, must be for the good of all Nigerians.These are not the only cases of looted funds to be recovered, but there are so many that are not announced publicly. Citizens should always speak out on issues like these that bother on people’s welfare.
It is unfortunate that funds that should be used in developing projects that have direct bearing on the masses as well as job creation will be diverted by individuals through any means. The most disturbing aspect of it is that it is the commonwealth of all Nigerians.
Senior Special Assistant (SSA) to the President on Public Affairs, Ajuri Ngelale, had in an interview with journalists, confirmed that the fund would be used to facilitate the 2nd Niger Bridge, Lagos-Ibadan Expressway and the Kano projects.
He said it was a federal crime that has to do with federal law since the money was taken outside the country and advised that people should not be sentimental about it.
A motivational speaker, Pastor Ikenna Ogbuehi, said it is a crime committed against the Federal Government and should be remitted to the federal purse.
Uchenna Chidiadi, a pharmacist, said it will be inappropriate to use the money which was appropriated to a state for the generality of Nigerians. While referring to former Military Head of State, late Abacha’s recovered loot, he said that was a federal fund.
He said that can be shared the normal way federal government allocation is done and advised that the Ibori fund should be returned to Delta State since it would have been raised from internally generated revenue (IGR) or the state’s allocation.
According to a legal practitioner, Efe Odide,the crime committed is a federal crime because the money was taken out of the country and that is why the money was remitted to the federal authority, although it was taken from a state.
A health safety officer, Uduak Udom, said persons who commit such crimes should be arrested and punished, regardless of political affiliation and sentiments, to deter those currently serving from looting public fund. He advised the current Delta State Government to seek some percentage of the fund from the Federal Government.
A social analyst, Mike Obi, said persons who commit such crimes should be set free because they are the products of the society.He referred to the Biblical quotation of training up of a child in the way he should go and claimed that if the child were to be comfortable from the beginning, he would not steal.
An evangelist, Peter Paul, said it is an oppression for federal government to use Delta State money to develop other parts of the country. He insisted that there may be more loot recoveries after this and advised the Federal Government to tackle this particular issue well so that reasonable impact can be made. According to him, citizens are more divided now than before to the extent that when national issues come up, people handle them from the political, ethnic and religious angles.
In the views of Ndiwem Onyedi, a businessman, people must realise that elected office or appointment should be seen as opportunity to serve and not to enrich themselves.He pointed out that nowadays, students abandon schooling for elective positions and added that even those who specialise in various professions have abandoned such for politics.
Onyedi said, as a younger person, he only saw retired public servants contesting even as councillors.
A teacher, Nathan Edu, said since the former Delta State Governor, James Ibori, had served prison term in the United Kingdom, he does not deserve any other punishment.
A businessman, James Okoro, emphasised that nobody was above the law and so should be punished if found wanting. He regretted that when a common man commits any crime the punishment comes swiftly.
Njideka Nathaniel asked: “How can a person who is above 60 years be stealing government money? You don’t sit down and ask yourself, how many years remaining for me to eat up this money? They loot the money and keep it for their children”.
A car dealer, Elijah Ejike, said that those who involve in that kind of fraud should be served capital punishment because, according to him, they are the reason why so many people are impoverished and dying of starvation.
In the words of a financial expert, Nonso Nnamani, looted funds should be returned to the rightful owners. As he put it, this is the fund that was originally allocated to Delta State by a bill passed by the National Assembly in the budget that is a law. The money should be returned to the state.
He made reference to a report that the money would be used to fund three federal projects – Niger Bridge, Lagos-Ibadan Expressway and Kano projects and advised that Delta State should not be denied the money.
According to him, “Why are you sending the money to other zones. A precedence has been set. When Bayelsa lost their money, it was returned to them. When Plateau lost theirs, it was returned to them. Why is this an exception?”
An enterpreneur, Patricia Bassey, said the money should be returned to the state from where it was stolen. Before now according to her, the Federal Government must have got other funds to facilitate those projects. She wondered what would have happened if the Ibori loot wasn’t recovered. Wouldn’t they have carried out projects?
Her words: “Anyone found looting public fund should be prosecuted. It will serve as a deterrent to others, they will get to know that if you steal from your country even after serving a jail term outside your country, when you get back home, you will be punished. Some persons are thinking that they can engage in crime and get away with it, it is unacceptable. Let the law take its course while the offender faces the jail term.”
Perhaps why this is creating so much argument is that it is crossing borders, it is an international issue which concerns the federal government.
For those who are defrauding business partners, siphoning public funds, pensioners’ funds, among others, it is the commonwealth of the nation that is being stolen.
People should be law-abiding in their dealings as regards business and as public officers. A situation where funds meant for public use will be diverted to private purposes should be discouraged.
Interestingly, the money is going to benefit people who live in the region, especially Niger Bridge and its environs. Sometimes looters would always apologise and return part or the entire loot while in office. As a matter of fact, perpetrators of such acts should be punished because when these funds are removed, the citizens are deprived of the benefits. These funds are so huge that they can be used to provide social amenities.
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Bring Your Wealth Of Experience To Governance, Ibas Tasks New SSG

The Sole Administrator of Rivers State, Vice Admiral Ibok Ete Ekwe Ibas (rtd), has charged the new Secretary to the State Government (SSG), Prof Ibibia Lucky Worika to bring his wealth of experience to bear in governance of the State.
Vice Admiral Ibas (rtd) gave the charge shortly after swearing in the new SSG at the executive chambers of Government House on Wednesday night.
The Administrator who congratulated Prof Worika on his appointment said the choice was not merely an administrative decision but a statement of intent.
Vice Admiral Ibas (rtd) explained that the new SSG has an unparallel expertise in law, policy and international governance, which align perfectly with the mission to restore law, order, integrity and public trust in Rivers State.
He said: “To our new SSG, the task ahead is onerous, but your track record leaves no doubt in our minds that you will prove your mettle. Rivers State needs your intellect, grit and unweaving dedication. Together, we will write a new chapter of progress for this great state.
“Prof Worika’s role will be critical in driving this vision, ensuring that every policy, every decision and every action is in consonance with this administration’s mandate to restore law and order, stabilize the polity and to create the necessary conditions for the restoration of democratic institutions and representations.”
Vice Admiral Ibas (rtd) pointed to his maiden address to Rivers people wherein he emphasised that his administration will be committed to delivering an effective governance that is anchored on transparency, accountability and service.
He therefore, enjoined the new SSG to brace up to the demands of his office, and offer his best service as required while also working cooperatively with civil servants.
Vice Admiral Ibas (rtd) said: “You have no time to settle down. You must roll up your sleeves and get to work with the team.
“Our civil servants with whom we will work closely to run this administration are critical stakeholders and we must work with them to ensure that the state continues to function effectively during this administration.
“To the Permanent Secretaries and civil servants as a whole, once more I will ask your kind cooperation and support as we work to achieve our objectives at this time,” he added.
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I Am One Of You, Sole Administrator Tells Rivers People …Warns Against Violence, Crude Oil Sabotage

The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas (rtd), has assured residents that he is not in the State as a partisan actor or political competitor but as a stabilising force to restore governance and order.
In a state broadcast yesterday, Ibas, who assumed duty at Government House, Port Harcourt, emphasised his commitment to protecting civil liberties and ensuring the safety of all citizens.
However, he issued a stern warning against crude oil sabotage and violence, urging residents to resist any temptation to return to past hostilities.
“For decades, I have dedicated my life to the service of our great nation—first as the 20th indigenous Chief of Naval Staff and later as Nigeria’s High Commissioner to Ghana. I answered this call out of the need for peace in Nigeria, and most importantly, in Rivers State,” Ibas stated.
Describing the prolonged political impasse as a major setback to governance and democracy, he acknowledged the hardships faced by families and businesses due to the prevailing uncertainty.
“As a son of the Niger Delta, I am one of you. I feel the weight of this crisis on families, businesses, and the future of our people,” he said.
Ibas commended President Bola Tinubu’s decisive action in declaring a state of emergency in Rivers State, stressing that it was a necessary move to restore stability and revive economic activities.
“My mandate is clear: restore law and order, ensure stability, and create an enabling environment for economic growth. But this mission requires collective support from all stakeholders, regardless of political affiliation or ethnicity,” he stated.
He discouraged attacks on oil infrastructure, reminding residents of the devastating environmental and economic consequences of such actions.
“The Niger Delta has moved beyond the destruction of oil facilities. We must resist the temptation to return to those ugly days,” he cautioned.
While pledging to uphold civil liberties and the rule of law, the Sole Administrator warned that lawlessness and violence would not be tolerated.
“We will not act arbitrarily, but we will not hesitate to deal decisively with anyone who threatens the peace and stability of Rivers State,” he declared.
Ibas revealed that he had concluded a State Security Council meeting where strategic measures were outlined to de-escalate tensions and prevent further conflict.
Expressing gratitude to President Tinubu for entrusting him with the responsibility, he also acknowledged the National Assembly for approving the emergency declaration.
“I will work closely with the national leadership under the guidance of the President. I am optimistic that Rivers State will emerge stronger and greater,” he concluded.
Featured
Abuja Truck Explosion Death Toll Rises To 10 …As Another Truck Crashes On Same Spot

The Federal Capital Territory Emergency Management Department has confirmed that 10 persons have died in the truck explosion that occurred near Karu bridge, along the Abuja-Keffi Expressway, on Wednesday.
The FEMD’s Head of Public Affairs, Nkechi Isa, confirmed the numbers in a statement, yesterday.
The Acting Director General of the Emergency Department, Abdulrahman Mohammed, had earlier confirmed that eight persons had died as of yesterday morning, with five confirmed dead on the scene, and four others burnt beyond recognition.
““Five people were taken dead from the scene yesterday (Wednesday). Out of the people that were injured, one died, making six. Then this morning (yesterday), when I asked my people to go round, they discovered that two had already died again, making eight. Four of them from yesterday were burnt beyond recognition.”, he explained.
However, in her statement, Isa said the Head, Forecasting Response and Mitigation of FEMD, Mr Mark Nyam, said eight bodies were deposited at the Karu Hospital Morgue, one body at the Asokoro Distinct Hospital Morgue while another body was deposited at the National Hospital.
He added that some victims had been referred to the Gwagwalada Teaching Hospital, Federal Medical Centre, Keffi, and Cedercrest Hospital Abuja for proper care.
Part of the statement reads, “The FCT Emergency Management Department FEMD can confirm that 10 persons lost their lives to the truck explosion that occurred at Karu bridge along Abuja / Keffi expressway.
“The Head Forecasting Response and Mitigation of FEMD, Mr Mark Nyam said eight bodies were deposited at the Karu Hospital Morgue, one body at the Asokoro Distinct Hospital Morgue while another body was deposited at the National Hospital.”
He informed that over 30 persons suffered various degrees of burns.
“Some of the victims have been referred to Gwagwalada Teaching Hospital, Federal Medical Centre,Keffi and Cedercrest Hospital Abuja for proper care,” he said.
Isa also stated that no fewer than 10 vehicles were burnt during the incident, adding that the FEMD boss after a visit to the incident scene, appealed to motorists to observe traffic rules and regulations.
He also cautioned against reckless driving, dangerous overtaking and poor maintenance of vehicles, while urging FCT residents to always use the 112 emergency toll free number in the event of an emergency.
Meanwhile, barely 24 hours after the incident, another fertiliser-laden truck has collapsed on the same spot.
The Tide learnt that the incidence occurred at about 3:54pm yesterday.
The Head of Public Affairs of the FCT Emergency Management Department, Nkechi Isa, confirmed the accident in a statement, stating that the truck collided with a Hijet and a dump truck, adding that no life was lost.
She cautioned road users to drive with caution as the Federal Road Safety Corps was making efforts to tow away the affected vehicles, to avoid traffic built up.
“Another accident has occurred under Karu bridge along the Abuja-Keffi Expressway. Thankfully, no life was lost to the incident. Our Search and Rescue say the accident occurred when a truck laden with fertilizer ran into a Hijet and a dump truck also known as tipper.
“Motorists are advised to drive with caution as the Federal Road Safety Corps is taking steps to tow away the affected vehicles in order to avoid traffic built up,” the statement read.
Meanwhile, several videos showed some persons trying to clear the fertiliser bags from the fallen truck to ease traffic.
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