Politics
Senate In Stormy Session Over Buhari’s N23.7trn ‘Ways And Means’
The Senate was in disarray for several hours, on Wednesday, over how to restructure the payment of N23.7 trillion “Ways and Means” secured from the Central Bank of Nigeria, CBN, in the last 10 years.
President of the Senate, Senator Ahmad Lawan, forced the lawmakers to go into a closed-door session to stop the chaos from degenerating into a brawl.
“Ways and Means” are loans or advances by the CBN to the Federal Government to enable it to cater for short-term or emergency finance to fund delayed government expected cash receipt of fiscal deficits.
Trouble started when Chairman of Senate Committee on Finance, Senator Olamilekan Adeola (APC, Lagos West), came up with a report on Ways and Means 2022 as requested by President Muhammadu Buhari, last week.
Soon after Adeola’s presentation, Senator Apiafi (PDP, Rivers West), raised a point of order, with very strong argument that President Buhari’s request was unconstitutional and what the Senate was about to do by considering the request was unknown to Nigerian law.
Tension engulfed the Senate when the Senate President, Lawan, ruled her out of order on the grounds that the report should be presented and read by the committee chairman for lawmakers to contribute to the debate.
President Buhari had last week written to the Senate, requesting the approval of restructuring of N23.7 trillion Ways and Means advances given to the Federal Government by the CBN.
The President in a letter read by Senate President during the Plenary session last Wednesday, explained that the ways and means balances as of December 19, 2022, were N23.7 trillion.
President Buhari further stated in the letter that he had approved the securitisation of the Ways and Means balances along the following terms: Amount N23 .7 trillion; Tenure 40 years; Moratorium on principal repayment, three years; and Pricing interest rate nine percent.
The Senate had in line with parliamentary procedure, given the request expeditious consideration by passing it for second reading and mandating its committee on Finance to work on it.
Lawan’s ruling annoyed Senator Apiafi and some senators, thereby leading to a charged atmosphere in the chamber.
At this point, Senator George Sekibo (PDP, Rivers East) raised a point of order, calling on Lawan to step down consideration of the report until lawmakers get more details on what the funds were used for.
In a strong move to stop approval of the report without scrutiny, Senator Sekibo rose through constitutional orders by citing Sections 80, 83, Section113(1) of the 1999 Constitution and Section 38 of the CBN Act to kick against the request.
Sekibo said: “We came into this chamber today and were given the report on N23.7trillion, which has been spent in the past 10 years. Whether it is 10 years or five years, whatever it is, the issue is that such payment, when the loans are taken, the Senate should be informed, we should be abreast with the information that such money is going to be taken because it is being taken on behalf of the people of Nigeria and we are entrusted with the power to make laws.
“According to the constitution, we can appropriate. They brought this up without details for us to approve.
“Section 80 of the 1999 constitution as amended provides that all revenues or other monies raised or received by the federation, not being revenue and other monies payable under this constitution or any Act of the National Assembly into any other public fund of the federation established for a particular purpose, shall be paid into and form one consolidated revenue fund of the Federation.
“No money shall be withdrawn from the consolidated revenue fund of the Federation except to meet expenditure that is charged upon the fund or where the issue of those monies has been authorised by an appropriation act, supplementary act or an act passed in pursuance of Section 81 of the constitution”.
“No money shall be withdrawn from any account other than the consolidated revenue fund of the Federation unless the issue of those monies has been authorised by the Act of the National Assembly.
“Section 80 (4) no money shall be withdrawn from the consolidated revenue fund or any other fund of the Federation except by the approval of the National Assembly, except in the manner prescribed by the National Assembly
“Section 83 the National Assembly may make provision for the establishment of Federation fund for.the Federation and for authorising the President if satisfying that there had arisen an urgent unforeseen expenditure to make advances to meet the needs.
“Section 38 of the CBN Act states ‘any money collected by the federal government as loan or emergency fund in form of Ways and Means Advances must be refunded before collection of another one.’
“Mr President, the relevant laws quoted clearly show that the N22.7triillion Ways and Means Advances already spent by Federal Government without informing the National Assembly was wrong and it will be unfair as representatives of Nigerians to approve this request.”
The Senate, thereafter, went into a closed-door session for one and half hours and the request was stepped down at the end of the day for lack of details.
Former Senior Special Assistant to ex-President Goodluck Jonathan on Domestic Matters and Social Events, Dr Waripamowei Dudafa, has praised the Bayelsa State Governor, Senator Douye Diri on his formal defection to the All Progressives Congress (APC).
Dr Dudafa, who is also a former member of the Bayelsa State House of Assembly and one time commissioner for Local Government, Chieftaincy and Community Development, described the governor’s decision as a wise and well-considered move that aligns the State with the centre for accelerated development and greater political inclusion.
“Governor Diri’s decision reflects his pragmatic leadership style which has always been guided by consultation, inclusiveness, and the pursuit of the common good.
“Your Excellency, your decision to work in harmony with the ‘Renewed Hope Agenda’ of President Bola Ahmed Tinubu which is in synergy with your ‘Assured Prosperity’ vision will undoubtedly bring about the needed transformation and development for the people of Bayelsa State and the Niger Delta at large.
“Since assuming office, your guiding principle has been clear and consistent — to consult widely, act in the public interest, and deliver measurable development outcomes. That same principle has informed your latest political alignment, and it will continue to serve as a compass for your Assured Prosperity Administration”, he said.
He further praised the governor’s performance in office, stating that Gov. Diri’s administration has been characterized by purposeful governance and tangible results, reaffirming his continued loyalty and support for the governor, while also assuring that he and his associates will keep identifying with the Gov Diri’s administration in the collective effort to sustain peace, unity, and progress in the state.
While restating his continued solidarity with the governor’s leadership in the state, Dr Dudafa promised to lend his support to ensure that he finishes strong.
“Governor Diri’s political maturity and developmental focus have repositioned Bayelsa for a brighter future”, he added.
The Tide further learnt that Dr Dudafa once served as Special Adviser to a former governor of the State on Youth Mobilization and Empowerment.
“I want to again commend the governor for his courage and vision. His alignment of the State with the federal government under the Renewed Hope Agenda is a step toward ensuring inclusive governance and attracting more federal presence to the state”, he said.
By: Ariwera Ibibo-Howells, Yenagoa
A publication circulating online had quoted Alhaji Sheriff as saying, “It’s not me; it’s Shettima who created Boko Haram.”
But in a statement issued on Saturday, Alhaji Sheriff dismissed the report as a “complete fabrication” aimed at misleading the public and stirring political discord.
“The said story is a complete fabrication, devoid of truth, and a deliberate attempt to mislead the public, malign the person of Senator Sheriff, and sow discord within the nation’s political landscape,” the statement read.
Alhaji Sheriff said he never granted any interview or spoke to any journalist on the matter, adding that the falsehood was designed to undermine his long-standing commitment to peace and national unity.
“This false report is not only mischievous but also a dangerous piece of fake news aimed at undermining years of Senator Sheriff’s contributions to peace, national unity, and development, both in Borno State and across Nigeria,” the statement added.
The former governor urged members of the public and the media to disregard the publication, noting that he had directed his legal team to identify and pursue those behind the story.
“Senator Sheriff has instructed his legal team to take immediate steps to identify all individuals, bloggers, or media outlets responsible for the dissemination of this defamatory material.
“Should the false publication not be retracted and taken down forthwith, the Senator will not hesitate to seek full legal redress under the law”, his media office said.
Alhaji Sheriff reaffirmed his commitment to Nigeria’s security, stability, and democratic values and vowed to ensure that the spread of misinformation does not go unpunished.
Politics
Anambra Guber: I’m Not Impressed, LP Candidate Says …As Observers Lament Vote-buying, Low Voters Turnout
Mr Moghalu spoke to journalists on Saturday shortly after casting his vote at Uruagu Ward 1, Nnewi.
He urged the Independent National Electoral Commission (INEC) to rise to its responsibility of making the process credible.
He also alleged voter apathy, attributing it to people’s lack of confidence in the electoral process.
Mr Moghalu said that even though it was too early to say whether the process was free, fair, and credible, he was not impressed.
“I am not impressed; there were no issues of glitches, at least for now. As we go along to monitor the process, we’ll confirm. In terms of voting, there’s an improvement over previous elections.
“I can’t say it’s free and fair because if you monetise a process, you weaponise poverty. What’s free about it? There’s no doubt there’s low voter turnout, and that has been the trend,” he stated.
The LP’s flag bearer stated that it was incumbent on INEC to continually improve the process, as voter apathy is a manifestation of a loss of confidence in the people.
Reports from Yiaga Africa, European Union Support to Democratic Governance in Nigeria (EU-SDGN) II, and other partner organisations indicated that voter turnout was low in most polling units across the 21 local government areas of the state.
Speaking to journalists in Awka, the Executive Director of Yiaga Africa, Mr Samson Itodo, identified vote-buying and low turnout as recurring issues observed in the thematic areas of the election.
Also, Asabe Ndahi of the Kukah Centre decried logistical challenges, including the late arrival of the Independent National Electoral Commission (INEC) and security officials in high-risk areas, such as Nkwelle-Ezunaka, Ihiala, Ogbaru, and Nnewi South.
She added that incidents of vote-buying and voter intimidation were recorded in several local government areas.
that votes were being traded for between N15,000 and N30,000.
“It is sad that bad governance is fuelling vote buying and selling.
“For an unemployed youth who sells his vote for ?30,000, what will he be paid next month when there is no election?
“By selling your vote, you are saying no school, no hospital, no jobs and selling away your future. This is worrisome”, he said.
He called on journalists to play an active role in exposing and curbing the menace.
The former presidential candidate also described all the hopefuls in the governorship race as his friends.
“Whoever wins, let him serve the people. Nigeria needs service now. We need to pull our people out of poverty,” he said,
Earlier, Mr George Moghalu, LP governorship candidate, said despite the heavy deployment of security personnel for the election, he had received reports of widespread vote-buying.
He also described the trend as “most unfortunate”, and warned that the crime undermines the integrity of the electoral process.
Mr Moghalu added that he remained optimistic on the outcome of the election, as he had campaigned extensively and presented his manifesto to the electorate.