Friday, 29 May 2015

Inaugural speech by His Excellency, President Muhammadu Buhari following his swearing-in as President of the Federal Republic of Nigeria on 29th May, 2015

I am immensely grateful to God Who Has preserved us to witness this day and this occasion. Today marks a triumph for Nigeria and an occasion to celebrate her freedom and cherish her democracy. Nigerians have shown their commitment to democracy and are determined to entrench its culture. Our journey has not been easy but thanks to the determination of our people and strong support from friends abroad we have today a truly democratically elected government in place.
now.

I would like to thank President Goodluck Jonathan for his display of statesmanship in setting a precedent for us that has now made our people proud to be Nigerians wherever they are. With the support and cooperation he has given to the transition process, he has made it possible for us to show the world that despite the perceived tension in the land we can be a united people capable of doing what is right for our nation. Together we co-operated to surprise the world that had come to expect only the worst from Nigeria. I hope this act of graciously accepting defeat by the outgoing President will become the standard of political conduct in the country.

I would like to thank the millions of our supporters who believed in us even when the cause seemed hopeless. I salute their resolve in waiting long hours in rain and hot sunshine to register and cast their votes and stay all night if necessary to protect and ensure their votes count and were counted. I thank those who tirelessly carried the campaign on the social media. At the same time, I thank our other countrymen and women who did not vote for us but contributed to make our democratic culture truly competitive, strong and definitive.

I thank all of you.

Having just a few minutes ago sworn on the Holy Book, I intend to keep my oath and serve as President to all Nigerians.
I belong to everybody and I belong to nobody.

A few people have privately voiced fears that on coming back to office I shall go after them. These fears are groundless. There will be no paying off old scores. The past is prologue.

Our neighbours in the Sub-region and our African brethenen should rest assured that Nigeria under our administration will be ready to play any leadership role that Africa expects of it. Here I would like to thank the governments and people of Cameroon, Chad and Niger for committing their armed forces to fight Boko Haram in Nigeria.
I also wish to assure the wider international community of our readiness to cooperate and help to combat threats of cross-border terrorism, sea piracy, refugees and boat people, financial crime, cyber crime, climate change, the spread of communicable diseases and other challenges of the 21st century.

At home we face enormous challenges. Insecurity, pervasive corruption, the hitherto unending and seemingly impossible fuel and power shortages are the immediate concerns. We are going to tackle them head on. Nigerians will not regret that they have entrusted national responsibility to us. We must not succumb to hopelessness and defeatism.

We can fix our problems.

In recent times Nigerian leaders appear to have misread our mission. Our founding fathers, Mr Herbert Macauley, Dr Nnamdi Azikiwe, Chief Obafemi Awolowo, Alhaji Ahmadu Bello, the Sardauna of Sokoto, Alhaji Abubakar Tafawa Balewa, Malam Aminu Kano, Chief J.S. Tarka, Mr Eyo Ita, Chief Denis Osadeby, Chief Ladoke Akintola and their colleagues worked to establish certain standards of governance. They might have differed in their methods or tactics or details, but they were united in establishing a viable and progressive country. Some of their successors behaved like spoilt children breaking everything and bringing disorder to the house.

Furthermore, we as Nigerians must remind ourselves that we are heirs to great civilizations: Shehu Othman Dan fodio’s caliphate, the Kanem Borno Empire, the Oyo Empire, the Benin Empire and King Jaja’s formidable domain. The blood of those great ancestors flow in our veins. What is now required is to build on these legacies, to modernize and uplift Nigeria.

Daunting as the task may be it is by no means insurmountable. There is now a national consensus that our chosen route to national development is democracy. To achieve our objectives we must consciously work the democratic system. The Federal Executive under my watch will not seek to encroach on the duties and functions of the Legislative and Judicial arms of government. The law enforcing authorities will be charged to operate within the Constitution. We shall rebuild and reform the public service to become more effective and more serviceable. We shall charge them to apply themselves with integrity to stabilize the system.

For their part the legislative arm must keep to their brief of making laws, carrying out over-sight functions and doing so expeditiously. The judicial system needs reform to cleanse itself from its immediate past. The country now expects the judiciary to act with dispatch on all cases especially on corruption, serious financial crimes or abuse of office. It is only when the three arms act constitutionally that government will be enabled to serve the country optimally and avoid the confusion all too often bedeviling governance today.

Elsewhere relations between Abuja and the States have to be clarified if we are to serve the country better. Constitutionally there are limits to powers of each of the three tiers of government but that should not mean the Federal Government should fold its arms and close its eyes to what is going on in the states and local governments. Not least the operations of the Local Government Joint Account. While the Federal Government can not interfere in the details of its operations it will ensure that the gross corruption at the local level is checked. As far as the constitution allows me I will try to ensure that there is responsible and accountable governance at all levels of government in the country. For I will not have kept my own trust with the Nigerian people if I allow others abuse theirs under my watch.

However, no matter how well organized the governments of the federation are they can not succeed without the support, understanding and cooperation of labour unions, organized private sector, the press and civil society organizations. I appeal to employers and workers alike to unite in raising productivity so that everybody will have the opportunity to share in increased prosperity. The Nigerian press is the most vibrant in Africa. My appeal to the media today – and this includes the social media – is to exercise its considerable powers with responsibility and patriotism.

My appeal for unity is predicated on the seriousness of the legacy we are getting into. With depleted foreign reserves, falling oil prices, leakages and debts the Nigerian economy is in deep trouble and will require careful management to bring it round and to tackle the immediate challenges confronting us, namely; Boko Haram, the Niger Delta situation, the power shortages and unemployment especially among young people. For the longer term we have to improve the standards of our education. We have to look at the whole field of medicare. We have to upgrade our dilapidated physical infrastructure.

The most immediate is Boko Haram’s insurgency. Progress has been made in recent weeks by our security forces but victory can not be achieved by basing the Command and Control Centre in Abuja. The command centre will be relocated to Maiduguri and remain until Boko Haram is completely subdued. But we can not claim to have defeated Boko Haram without rescuing the Chibok girls and all other innocent persons held hostage by insurgents.

This government will do all it can to rescue them alive. Boko Haram is a typical example of small fires causing large fires. An eccentric and unorthodox preacher with a tiny following was given posthumous fame and following by his extra judicial murder at the hands of the police. Since then through official bungling, negligence, complacency or collusion Boko Haram became a terrifying force taking tens of thousands of lives and capturing several towns and villages covering swathes of Nigerian sovereign territory.

Boko Haram is a mindless, godless group who are as far away from Islam as one can think of. At the end of the hostilities when the group is subdued the Government intends to commission a sociological study to determine its origins, remote and immediate causes of the movement, its sponsors, the international connexions to ensure that measures are taken to prevent a reccurrence of this evil. For now the Armed Forces will be fully charged with prosecuting the fight against Boko haram. We shall overhaul the rules of engagement to avoid human rights violations in operations. We shall improve operational and legal mechanisms so that disciplinary steps are taken against proven human right violations by the Armed Forces.

Boko Haram is not only the security issue bedeviling our country. The spate of kidnappings, armed robberies, herdsmen/farmers clashes, cattle rustlings all help to add to the general air of insecurity in our land. We are going to erect and maintain an efficient, disciplined people – friendly and well – compensated security forces within an over – all security architecture.

The amnesty programme in the Niger Delta is due to end in December, but the Government intends to invest heavily in the projects, and programmes currently in place. I call on the leadership and people in these areas to cooperate with the State and Federal Government in the rehabilitation programmes which will be streamlined and made more effective. As ever, I am ready to listen to grievances of my fellow Nigerians. I extend my hand of fellowship to them so that we can bring peace and build prosperity for our people.

No single cause can be identified to explain Nigerian’s poor economic performance over the years than the power situation. It is a national shame that an economy of 180 million generates only 4,000MW, and distributes even less. Continuous tinkering with the structures of power supply and distribution and close on $20b expanded since 1999 have only brought darkness, frustration, misery, and resignation among Nigerians. We will not allow this to go on. Careful studies are under way during this transition to identify the quickest, safest and most cost-effective way to bring light and relief to Nigerians.

Unemployment, notably youth un-employment features strongly in our Party’s Manifesto. We intend to attack the problem frontally through revival of agriculture, solid minerals mining as well as credits to small and medium size businesses to kick – start these enterprises. We shall quickly examine the best way to revive major industries and accelerate the revival and development of our railways, roads and general infrastructure.

Your Excellencies, My fellow Nigerians I can not recall when Nigeria enjoyed so much goodwill abroad as now. The messages I received from East and West, from powerful and small countries are indicative of international expectations on us. At home the newly elected government is basking in a reservoir of goodwill and high expectations. Nigeria therefore has a window of opportunity to fulfill our long – standing potential of pulling ourselves together and realizing our mission as a great nation.

Our situation somehow reminds one of a passage in Shakespeare’s Julius Ceasar

There is a tide in the affairs of men which,
taken at the flood, leads on to fortune;
Omitted, all the voyage of their life,
Is bound in shallows and miseries.

We have an opportunity. Let us take it.

Thank you
Muhammadu Buhari
President Federal Republic of NIGERIA
and
Commander in-chief-of the Armed forces

Inaugural speech by - President Muhammadu Buhari

Inaugural speech by His Excellency, President Muhammadu Buhari following his swearing-in as President of the Federal Republic of Nigeria on ...

Sunday, 29 March 2015

Gunmen kill 15 in Nigeria during tense election


ABUJA (Reuters) - Gunmen killed at least 15 people including an opposition politician near polling stations in northeast Nigeria on Saturday, casting an ominous shadow over the closest electoral contest since the end of military rule in 1999.


The tense race pits President Goodluck Jonathan against former military ruler Muhammadu Buhari for the favour of an electorate divided along a complex mix of ethnic, regional and in some cases religious lines.

The poll is seen as the first election in Africa's most populous nation in which an opposition candidate has a serious chance of unseating the incumbent, and widespread fears it could trigger violence are already becoming reality.

Islamist Boko Haram insurgents launched several attacks on voters in the northeast, killing three in Yobe state and three more in Gombe state, police said.

Shortly afterwards, at least eight people, including the opposition parliamentary candidate for Dukku in Gombe, were killed by unidentified gunmen, a spokesman for Buhari's All Progressives Congress (APC) said.

A string of military victories by troops from Nigeria and neighbouring Chad, Cameroon and Niger has reclaimed much of the territory the Islamists controlled earlier this year, but they retain the ability to mount deadly attacks on civilians.

The governor of Borno state in the northeast said 25 people had been killed in an assault on the remote village of Buratai on Friday night.

"EXTRAORDINARILY PATIENT"

Voting at the 120,000 stations nationwide was beset with problems as officials turned up late and high-tech biometric card readers, introduced to prevent the vote-rigging that has marred previous polls, failed to work.

Even Jonathan suffered a 40-minute delay as officials vainly tried to get four different machines to recognise the president's fingerprint.

"I'm very hopeful," he said of his chances after voting.

With up to 56.7 million voters to process, the election commission said it would extend voting into Sunday in districts that had suffered technical problems. It was not clear what impact this would have on the timing of the result.

A credible and relatively calm poll would open a new chapter in the chequered history of Africa's biggest economy and top oil producer, whose five decades of independence have been tarnished by military coups and secessionist movements.

Voters queued for hours just to get accredited.

"They are extraordinarily patient," U.S. Assistant Secretary of State for African Affairs Linda Thomas-Greenfield told Reuters TV at a polling station in central Abuja. "We have to commend the Nigerian people for being so patient."

The vote is seen as a referendum on the record of Jonathan, a former zoology professor whose time in office has been blighted by massive corruption scandals and the Boko Haram insurgency in which thousands have died.

"These elections are a defining moment for Nigeria. ... People have a real choice," former Malawian president Bakili Muluzi, who is leading a Commonwealth observer mission, said.

"The danger is post-election. We've been assured by the peace accord between the leaders but how that trickles down is the danger," he told Reuters, referring to a second pact signed between Jonathan and Buhari on Friday not to whip up violence.

Yet the poisonous rhetoric emanating from both sides during the campaign, as well as some scuffles and shootings, have raised doubts over whether such agreements will be respected.

Before voting started, two bombs exploded at polling stations in the east, causing no deaths, while police destroyed a third. Hackers also shut the electoral commission website.

"DEVILISH MOVES"

On Friday Jonathan told anyone planning violence to think again, yet many Nigerians queued up en masse to withdraw cash, buy fuel supplies and stock up at supermarkets.

In a climate of mutual suspicion, Buhari's APC also warned against any "devilish moves".

However, his 18 months in charge, during which opponents were jailed and drug dealers executed, are not fondly remembered by all.


And as always in the nation of 170 million people, ethnic and regional sentiments remain paramount -- Buhari is hugely popular in the north, Jonathan, in the south and east.


That could leave the southwest as the king makers. The region, which centres around the commercial capital Lagos, is mostly ethnic Yoruba but religiously mixed. They voted for Jonathan last time but since then Yoruba elites have rallied decisively around Buhari.


. #NigeriaDecides

Nigeria voting extended into Sunday after glitches


(Reuters) - Nigeria's electoral commission said on Saturday it would extend voting into an extra day in polling stations that had technical issues with biometric card-reading machines.

"In polling units where accreditation was suspended to the following day, in accordance with the existing guidelines, arrangements will be made for voters to vote tomorrow," commissioner Chris Yimoga told journalists in Abuja. #NigeriaDecides

Boko Haram gunmen kill six voters in northeast Nigeria


(Reuters) - Islamist Boko Haram insurgents launched two deadly attacks on voters in northeast Nigeria on Saturday, police and a security source said, killing six people in an election in which insecurity is a major issue.

One attack was in Ngalda, Yobe state, state police commissioner Danladi Marcus told Reuters by telephone. The other was in an ethnic Fulani village called Woru in Gombe state, a security source said.

In both attacks gunmen opened fire on voters as they trekked to their polling stations, killing three in each. #NigeriaDecides

 

History Beckons As Buhari Sets To Unseat Jonathan


Barring any attempt to scuttle the will of the people, the stage seems set for a change of leadership in the nation’s polity with results of the weekend’s presidential polls indicating that the candidate of the All Progressives Congress (APC), Gen Muhammadu Buhari (retd), is in comfortable lead in three of the country’s six geo-political zones.

The zones include the two largest ones – North West and South West. Buhari also polled more votes than his arch-rival and candidate of the Peoples Democratic Party (PDP), President Goodluck Jonathan, in North East zone.

The incumbent president clinched the South South and the South East. Both candidates have shared the spoils in in North Central zone with Buhari winning in Kogi, Kwara and Niger states while Jonathan cornered Nasarawa, Plateau and Benue.

Our correspondents reported that from results trickling in from the collation centres, the former military head of state has emerged the preferred choice of the people in the presidential poll.

“There is no doubt the race has been won and lost and that Gen Buhari has won,” a source at the INEC office confided in LEADERSHIP.

“Clearly, it is three zones to two; and after winning North West which has Kano and South West with Lagos, the two most populated states and zones, nothing can stop him.”

Jonathan lost vital polling units, including the one at the seat of power where he resides, Aso Villa, Abuja.

Many of his cabinet members, including the minister of education, Ibrahim Shekarau; his Federal Capital Territory (FCT) counterpart, Bala Mohammed, and the minister of state (II) for foreign affairs,

Musliu Obanikoro posted dismal results in their home units. Many other high-profile politicians lost their polling units to opposition parties.

The Independent National Electoral Commission (INEC) is yet to announce the result of the presidential election, but the director of media, PDP Presidential Campaign Organisation (PDPPCO), Mr Femi Fani-Kayode, claimed, in a press statement yesterday, that Jonathan had won in 23 states and APC in 14. Nigeria has 36 states.

APC spokesman, Alhaji Lai Mohammed, however, raise the alarm that President Jonathan and his cronies were working round the clock to manipulate the people’s mandate by unlawfully coveting majority votes or rendering the elections inconclusive.

When asked, INEC chairman, Prof. Attahiru Jega, faulted Fani-Kayode’s claim that the PDP was leading in 23 states, or 64 percent, in the presidential poll.

He said that the only results received were from two states, Ekiti and Ogun.

He also declared that the commission was not under any pressure to declare the outcome of the presidential election inconclusive, while expressing worry at the crisis in River State, stating that the commission was investigating it and would take a position soon.

 

APC wins 7 LGs in Kano

According reports from Kano State, Buhari was leading with a wide margin in seven local government areas (LGAs) of the state. Also, all the APC candidates for seats in the House of Representatives and Senate were leading in the said LGAs.

The local councils so far announced were Bunkure, Makoda, Tsanyawa, Bagwai, Albasu, Kibiya and Kura LGAs respectively.

Spokesman of INEC, Kano office, announced the following:”Kibiya- APC 23,000 votes, PDP 4,999 votes; Gabasawa – APC 31,000 votes, PDP 8, 840 votes. Bagwai – APC 38 , 750 votes, PDP 8,159 votes; Kunchi – APC 24,542 votes, PDP 2,921 votes; Tsanyawa – APC 32,662 votes, PDP 4,819 votes, and Gaya -APC 38,085 votes, PDP 1, 888 votes.”

LEADERSHIP discovered that returning officers were retiring back to INEC office in the state with the results by press time.

 

Buhari sweeps Kaduna votes as Sambo loses own ward to APC

Reports from Kaduna State yesterday also indicated that Buhari was leading in most of the results collated from the various polling units across the 23 LGAs of the state.

Vice President Namadi Sambo, who had won in his new polling unit, however, lost again to the APC by a wide margin in his Kabala ward 05 in Kaduna North LGA.

Dr Husseini Momo Lawal of the Ahmadu Belo University, Zaria, who served as collation and returning officer in the vice president’s ward, announced that APC won the presidential election with 10,760 votes to PDP’s 1,760 votes.

Results collated from Shiba Ward 1 in Kaduna North LGA also indicated that the APC led with 3,871 votes while the PDP followed with 1,827 votes.

The presidential result coming from Ikara LGA showed that APC led with 49,146 while the PDP got 7,170 votes, and in Kubau LGA, the APC led with 63,875 votes while PDP got 6,377 votes in the presidential election.

The vice-president had changed his polling unit PU-011 on Swimming Pool road, near Police College, to avoid a repeat of the 2011 embarrassment after he lost his then polling unit.

Our correspondent gathered while incumbent President Goodluck Jonathan got block votes from Southern Kaduna senatorial district, his arch-rival of the APC, Gen Buhari, was cruising home with block votes from Kaduna Central and Kaduna North senatorial districts.

Buhari, according checks by our correspondent, was likely to win with about 60 percent of the votes.

 

Buhari cruising towards a landslide victory in Borno – SSG

In Borno State, the secretary to the state government, Ambassador Baba Ahmed Jiddah, said that given the result of the presidential polls collated so far in 16 LGAs, the APC flag bearer, General Buhari, would emerge victorious with a landslide.

Ambassador Jidda, who is also Buhari’s agent, said his principal was leading with a margin of about 95 percent in the results announced for the 16 LGAs so far submitted at the INEC collation centre.

“The APC is cruising to landslide victory; as you can see, we have done better that we thought,” said the SSG. “It is obvious that our opponents are struggling to score 25 percent, but from the look of things, at the end of the day, they may not be able to get more than 10 percent.

“Today we have so far collated results from 16 local governments and

from what we have, the APC has approximately 95 percent, while the PDP has slightly over five percent. The turnout is not that very good, but it should be expected given the circumstance we found ourselves. When more results are brought in tomorrow, it may improve the figures we have. However, the good thing is that people are happy they have participated in this election.

“The INEC and the security agencies have really done very well, and we believe, by the time we conclude this exercise tomorrow, everybody will happier for it.”

According to the SSG, the collation of results for the presidential polls was suspended at about 6:30pm yesterday for all parties to reconvene again at 9am today (Monday) when more results from remote local government areas would be brought in.

 

Kabiru Turaki, Bello Haliru lose wards to APC in Kebbi

Results emanating from Kebbi State revealed that President Jonathan’s henchmen failed to deliver their wards for the president and the PDP.

Former defence minister, Dr Bello Haliru, a onetime PDP chairman, failed to deliver his ward as results obtained from his Magajin Rafi polling unit indicated a landslide victory for the opposition APC.

The current minister of special duties, Kabiru Tanimu Turaki (SAN), also failed to deliver his ward as the APC carpeted the PDP at Sarkin Zabarmawa polling unit.

Reports also said voters booed and threw pebbles at the minister before security operatives whisked him away.

The PDP national treasurer, Alhaji Buhari Bala, also failed to deliver his polling unit at Hassan Organiser polling unit.

Samaila Haliru Dankasa, who is the coordinator of TAN (Transformation Ambassadors of Nigeria, the top campaign team for President Jonatahn re-election bid) in Kebbi State, could not also win his ward for the PDP. He failed to deliver his Garkar Sarkin Zabarmawa polling unit

Reports gathered by LEADRSHIP indicated Jonathan might not secure 25 per cent of the votes in Kebbi.

 

Jonathan favoured in Benue

Reports from Benue State indicated that Jonathan was in the lead in five local governments areas so far collated.

The INEC resident electoral officer (REC) in the state, Mr Istafanus Dafwang, who received the results from collation officers at Makurdi, revealed that they were from the Benue South senatorial district.

The results in Benue North East and Benue North West senatorial districts were yet to be collated.

The already announced LGAs include Ado, Okpokwu, Ohimini, Agatu and Ogbadibo respectively. The results indicated that in Ado, Jonathan polled 7,382 to Buhari’s 2,328 votes.

In Okpokwu LGA, Jonathan scored 12,103 votes, while Buhari got 4,757, and in Ohimini, the president led with 5,909 against Buhari’s 4,734.

Jonathan also defeated Buhari in Agatu, home of the PDP deputy governorship candidate in Benue, John Ngbede, with a wide margin of 9,555 votes against 3,627. In Ogbadibo, it was a slim win for the president as he got 6,937 votes to main rival’s 6,257 votes.

Meanwhile, the APC in the state has accused the ruling PDP of trying to manipulate the results of presidential and National Assembly elections in the three senatorial districts of the state.

The media director of Ortom/Abounu governorship campaign organization, Mr Tahav Agerzua, who made this allegation in a statement made available to LEADERSHIP, said, “Especially in the Benue North senatorial District where APC has won obviously, the PDP is trying to manipulate it.”

 

David Umar set to beat Gov Aliyu for Niger East senatorial seat

In Niger State, PDP’s candidate, Governor Muazu Babangida Aliyu, was yesterday losing the Niger East Senatorial District to Barrister David Umar of the APC, who was leading with a wide margin in six local governments of the nine in the senatorial district so far released.

Umaru, whose victory in Niger East by-election held in August last year was recently upheld by an appeal court in Abuja, led the outgoing state governor in the six local governments that their results had been so far been released.

The results released by INEC returning officers at the collation centre at the College of Education, Minna, yesterday night showed that in Chanchaga LGA, Umaru scored 49,219 votes to Governor Aliyu’s 17,209 votes, thereby beating Aliyu in his own local government area.

Also in Gurara LGA, Umaru scored 18,887 votes to Aliyu’s 6,520 votes. In Shiroro LGA, the APC candidate got 27,191 while the governor got 7,519 votes.

Similarly in Tafa LGA, APC garnered 17,598 to PDP’s 8,151 votes, while in Bosso LGA, Umaru scored 36,250 and Aliyu 7,060 votes.

The result from Munya LGA also indicated that Umaru had 13,666 while Aliyu got 6,635.

In total, in the six LGAs so far announced, David Umaru polled 163,111 votes to Governor Aliyu’s 53,094 votes.

The results from Rafi, Paikoro and Suleja LGAs were being awaited as polling continued in those places yesterday.

 

Buhari wins Ogun

LEADERSHIP can authoritatively report that Buhari has been declared winner of the presidential election in Ogun State with a wide margin.

Buhari garnered 308, 290 votes to beat President Jonathan who had 207,950 votes.

Announcing the results, the State Collation Officer (SCO) for the presidential election in Ogun, Professor Duro Oni, said the APC presidential candidate won in 13 local governments while the PDP won in seven.

The local government areas won by Buhari were Ewekoro, Obafemi-Owode, Ijebu-Ode, Odeda, Ijebu North East, Odogbolu, Abeokuta North, Abeokuta South, Ado-Odo/Ota, Egbado South, Ifo and Egbado.

PDP, however, won in the seven council areas of Remo North, Imeko- fon, Sagamu, Ogun Waterside, Ijebu East, Ijebu North and Ikene.

The total number of votes cast in Ogun State was 559, 613 out of which 26, 441 were voided, while a total valid votes cast was 533, 172.

Results from Osun State also put Buhari in the lead.

 

Buhari leads Jonathan In Sokoto

As collation of votes began in Sokoto State at about 8pm yesterday night at the Sultan Muhammadu Macccido Institute for Qu’ranic and General Studies, available results at the time of filing this report

put Buhari far ahead of President Jonathan.

Though, most of the results were still being expected, LEADERSHIP can authoritatively report that should the voting tempo continue, the APC candidate would floor his main opponent.

The results available at about 21:35pm from two out of the 23 local governments in the state showed a wide far margin between the two candidates.

Of the total 38, 589 valid votes cast in Denge Shuni LGA of the state, Buhari polled 31,036 while Jonathan got only 6, 918.

The same scenario played out in Kware LGA as the APC candidate polled 25, 286 out of the 33, 008 valid votes, to the PDP’s 5, 339 votes.

In Goronyo LGA, Buhari polled 28, 950 votes to Jonathan’s 7,664 votes.

More results were being awaited at the time of filing this report.

 

INEC not under pressure to declare elections inconclusive – Jega

INEC chairman yesterday said the commission was not under pressure to declare the elections inconclusive.

Jega, who gave a situation report on the presidential and National

Assembly elections at press conference in Abuja, said, “We are not under any pressure to declare inconclusive elections.”

He added that no politician would be interested in such a declaration, “rather they want to be declared winner,” he said.

Jega also revealed that the commission had commenced investigation into the incidence of electoral violence, especially the burning of its office in Rivers State and the killing of INEC ad hoc workers in Gombe State.

The INEC chairman noted that the commissioned had received allegations of election rigging by its employees, stating that the commission had also started an enquiry into the matter.

Jega who also revealed that he had received a petition from the APC in Rivers State calling for the rescheduling of the elections in the state, and pledged that the commission would also do its best to

investigate its merit.

He further noted that all cases of underage voting were being investigated, especially in Taraba State, just as he assured that the commission will investigate incidences of substitution of ad hoc staff in Lagos State.

He said: “There was one clip that has been in circulation since yesterday (Saturday) afternoon about an underage voter said to be from Taraba and we have mandated our Resident Electoral Commissioner (REC) to investigate it thoroughly and identify where this happened, and to also identify the polling official who did it because it is clearly illegal to allow and underage person.

“There were a few other reported cases in which some observers said that they have seen underage voting; we are yet to see details which would have enabled us to investigate these malpractices.

“Underage registration and voting is illegal, with this record that is in circulation, it should be possible to identify the polling unit and the

official in that polling unit as well as the person. It is possible to trace the person; we are investigating this thoroughly and we will take appropriate measures when the case is established,” the chairman of INEC assured.

He also announced that the commission had received reports from Gombe which have been confirmed by the REC in Gombe that persons suspected to be Boko Haram insurgents attacked and, in the process, two ad-hoc staffers of INEC lost their lives during which a vehicle belonging to the National Union of Road Transport was also hijacked.

“This is very unfortunate and we have sent condolences to the families of the bereaved; any loss of life is regrettable and unfortunate. We condemn it in no uncertain terms. We will do everything possible to express our heartfelt condolences to the families of the bereaved.”

Jega further warned “strongly against premature publication or announcement of results by unauthorised persons and media channels, particularly online sites, saying only INEC was empowered by law to announce results.

“It is an offence for anyone to pre-empt the commission in that regard,” he insisted.

Jega revealed that Osun, Kebbi, Ekiti, Adamawa, Borno, Jigawa, Anambra, Akwa Ibom and Ebonyi states reverted to manual-only accreditation of voters in some polling units, after encountering card reader hitches, adding “that investigations into what accounted for the difficulties encountered with the card readers are ongoing.”

He however said election could not be concluded at Saturday in 90 polling units in Lagos State, 16 in Kebbi, 25 in Adamwa, 6 in Niger, 37 in Yobe 8 in Borno, 37 in Jigawa, 13 in Kano, 116 in Taraba and 2 in the FCT, Abuja.

He further clarified that only .025 percent of the card readers, out of 150, 000, malfunctioned during the accreditation process, which he described as statistically insignificant.

He denied insinuations that the card readers did not have sufficient battery back-up, noting that provisions were made.

He also announced that collation of results would commence by noon today.

He added that there would not be declaration of results from any states until the electoral officers provide hard copies of the results to the commission.

#NigeriaDecides - Election Related News & Updates

Gunmen kill 15 in Nigeria during tense election ABUJA (Reuters) - Gunmen killed at least 15 people including an opposition politician near p...

Tuesday, 24 March 2015

KHARTOUM (Reuters) - Leaders from Egypt, Ethiopia, Sudan signed a cooperation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies.

The leaders said the "declaration of principles" would pave the way for further diplomatic cooperation on the Grand Renaissance Dam, which has stirred fears of a regional resource conflict. No details of the agreement were immediately released.Egypt, Ethiopia, Sudan sign agreement on Nile dam

Egypt, which relies almost exclusively on the Nile for farming, industry and drinking water, has sought assurances that the dam will not significantly cut the river's flow to its rapidly growing population.

Ethiopia, the source of the Blue Nile which joins the White Nile in Khartoum and runs on to Egypt, says the dam will not disrupt the river's flow and hopes the project will transform it into a power hub for the electricity-hungry region.

Ethiopia's Prime Minister Hailemariam Desalegn told the gathering in Khartoum: "I reaffirm that Ethiopia's Grand Renaissance Dam will not cause any harm to downstream countries."

Egyptian President Abdel Fattah al-Sisi stressed his country's dependence on Nile waters. "You will develop and grow and I am with you, but be aware that in Egypt the people live only on the water that comes from this river," he said.

The principles in the agreement include giving priority to downstream countries for electricity generated by the dam, a mechanism for resolving conflicts, and providing compensation for damages, Egyptian Irrigation Minister Hossam al-Moghazi said after the ceremony.

He told reporters the signatories also pledged to protect the interests of downstream countries when the dam's reservoir is filled as Egypt, Ethiopia, Sudan sign agreement on Nile dam.

Addis Ababa has long complained that Cairo was pressuring donor countries and international lenders to withhold funding from the 6,000 megawatt dam, which is being built by Italy's Salini Impregilo SpA.

Seif al-Din Hamid, an official in Sudan's irrigation ministry, said the deal would not halt the ongoing construction.

 

Source: Reuters

Egypt, Ethiopia, Sudan sign agreement on Nile dam

Egypt, Ethiopia, Sudan sign agreement on Nile dam

KHARTOUM (Reuters) - Leaders from Egypt, Ethiopia, Sudan signed a cooperation deal on Monday over a giant Ethiopian hydroelectric dam on a ...
DAKAR (Reuters) - A special court in Senegal sentenced the son of former president Abdoulaye Wade on Monday to six years in prison for corruption and ordered him to pay a 138 billion CFA franc ($228 million) fine, dashing his hopes of competing in elections due in 2017.

Karim Wade, in detention since April 2013, was chosen by the main opposition party, the Senegalese Democratic Party (SDP), as its presidential candidate on Saturday, raising the stakes ahead of the verdict. He denies any wrongdoing.

"The crime of illicit enrichment being proven, Karim Wade: six years in prison and a fine of 138 billion CFA francs," judge Henri Gregoire Diop said in the ruling, adding that Wade had hidden away funds in offshore companies in the British Virgin Islands and Panama.

Opposition supporters inside the courtroom protested loudly after the verdict. "I no longer want to be Senegalese," shouted one woman. "This verdict is shameful."

Karim, 46, did not attend the final session of the trial and his father Abdoulaye Wade left without making any comment to the media. Karim and his lawyers have boycotted the end of the trial after accusing judge Diop of bias, something he strongly denies.

The streets of Dakar were calm immediately after the trial amid a heavy police presence to counter possible protests.

Karim Wade, who staged a four-day hunger strike in January to protest over the conditions of his detention, has repeatedly said he is the victim of a political witch hunt, something the government strongly denies.

The government has said the trial signals the end of impunity for corruption in Senegal, long regarded as a bulwark of democracy in a turbulent region.

"HISTORIC DECISION"

"This is a historic decision not only for Senegal but also for the whole of Africa and all those who defend responsibility, citizenship and good governance," said Simon Ndiaye, one of the state's lawyers.

President Macky Sall, who ended Abdoulaye Wade's 12-year rule in a hotly contested election in 2012, said last week his government would not tolerate any attempt to destabilise the West African country following the court ruling.

Prosecutors had demandesix years in prison for corruptiond a seven-year prison term and a 250 million CFA franc ($413,784) fine for Karim Wade, who was known as the 'minister for heaven and earth' during his father's government as he controlled several key ministries.

The next presidential election could come as early as 2017 if Sall wins approval in a referendum due next year on reducing the presidential term to five years from seven.

 

Source: Reuters

Senegal jails ex-president's son for six years in prison for corruption


 

Senegal jails ex-president's son for six years in prison for corruption

DAKAR (Reuters) - A special court in Senegal sentenced the son of former president Abdoulaye Wade on Monday to six years in prison for corru...
BRUSSELS (Reuters) - Libya's warring groups could agree this week on the leaders of a national unity government to try to overcome the conflict in the North African country, but it will not be easy, a U.N. envoy said on Monday.

The talks, originally due to end on Sunday, have been extended for two more days despite renewed fighting in the capital Tripoli, which Libya's internationally recognised government wants to take back from a rival administration that seized it last summer.

Western leaders say U.N. talks being held in Morocco are the only way to end the chaos in Libya, where protesters and tribal militias overthrew strongman Muammar Gaddafi in 2011.

"There is a chance that we can make progress and have the first names for a unity government this week. It is going to be a difficult discussion," U.N. special envoy Bernardino Leon said in Brussels where he took part in a meeting of Libyan mayors.

EU foreign policy chief Federica Mogherini said Libya was at a turning point. "We have to make sure that Libya has a future," she told reporters.

Leon told Reuters the initial goal in Morocco was to agree on a prime minister and two deputy prime ministers.

"It is a proposal, it is not a decision. The proposal has to be discussed, debated by the Libyans and they have to come back to say these three names are supported," he said.

The new leaders would then draw up a full list of ministers for the government, which would take a few weeks to put in place, Leon said.

Proposed security arrangements such as a ceasefire, weapons control and withdrawal of militias could not work without international monitoring, Leon said.

"We need to support Libya also in building an army, in training its forces, in border control. So there is a lot the international community and particularly the European Union ... can do," he said.unity government

EU foreign ministers agreed last week to draw up proposals to send a mission to Libya if the talks were successful.

Islamic State, which released a video last month showing the beheading of 21 Egyptian Christians in Libya, was growing in strength, Leon said.

"There were a few hundred a short time ago and now they are probably a more important force .. If the Libyans together with the international community ... don’t react soon this is going to become much more difficult to control," he said.

Source: Reuters

Libya could agree on unity government leaders this week-UN Envoy


 

Libya could agree on unity government leaders this week-UN Envoy

BRUSSELS (Reuters) - Libya's warring groups could agree this week on the leaders of a national unity government to try to overcome the c...
TUNIS (Reuters) - Tunisian Prime Minister Habib Essid fired six police commanders on Monday, including the head of tourist security, after a militant attack on the museum last week in which 20 foreign visitors were killed.

The premier's office spokesman, Mofdi Mssedi, said the six also included an intelligence brigade chief, the Tunis district police chief, the traffic police commander, a Bardo Museum security chief and a commander for the capital's Sidi Bachir district.

"Prime Minister Habib Essid visited the Bardo Museum yesterday and took note of several security failures there," Mssedi said.

Militant gunmen killed 20 foreign tourists, including Japanese, Polish, Italian and Spanish visitors, last Wednesday as they got off buses at the Bardo Museum, inside the parliament compound that is normally heavily guarded.

It was the worst attack in more than a decade in Tunisia, testing the North African country's young democracy four years after the revolt that overthrew autocrat Zine El-Abidine Ben Ali and opened the way for free elections.

One police officer working at the museum had been arrested for abandoning his post during the attack, local radio and media reported. Officials did not immediately confirm the arrest.

Japan's parliament speaker Kazuyuki Nakane visited Tunisia on Monday to discuss the case with Tunisia's foreign minister.

"We gave our condolences for the families of the Japanese victims," Foreign Minister Taieb Baccouche told reporters outside the Japanese embassy in Tunis.

Foreign dignitaries have been invited to Tunis on Sunday to participate in a march against terrorism in the same way that France brought world leaders to Paris after the attacks on the Charlie Hebdo magazine by Islamist militants in January.

Two gunmen were shot dead at the scene in Tunis and authorities say they are looking for a third suspect. They have so far arrested more than 20 people, 10 of whom officials believe were directly involved in the attack. Some had recently returned from fighting for Islamist militant groups in Syria, Iraq and Libya.

Islamic State militants fighting in Iraq and Syria claimed that their supporters carried out the attack although a local al-Qaeda affiliated group known as Okba Ibn Nafaa has also published details and comments on the assault.

Tunisia has been largely spared the violent aftermath of the Arab Spring uprisiattack on the museumngs of 2011, with secular and Islamist parties overcoming their divisions to compromise, approve a new constitution and hold free elections.

Hardline Islamist groups also emerged after the revolt against Ben Ali swept away his one-party rule. Since then security forces have been caught up in a growing battle with militants, some of whom are returning from training and fighting overseas.

Authorities say the two gunmen killed in the Bardo attack had trained in jihadi camps in Libya after they were radicalized in local mosques by militant recruiters. More than 3,000 Tunisians left to fight in Syria and Iraq and hundreds have returned, creating a security risk for authorities.

 

Tunisia's PM Sacks Six Police Commanders After Attack On The Museum


Source: Reuters

Tunisia's PM Sacks Six Police Commanders After Attack On The Museum

TUNIS (Reuters) - Tunisian Prime Minister Habib Essid fired six police commanders on Monday, including the head of tourist security, after a...
Political uncertainty over Nigeria's election on Saturday and economic turmoil from low oil prices have delivered a double blow that has slashed revenues and triggered layoffs for businesses across Africa's biggest economy.

But while some, such as consumer goods firms, are less exposed to Abuja's troubles, others like construction firms heavily dependent on government cash are facing frozen projects, unpaid bills and mass redundancies, putting badly needed infrastructure development on ice, industry sources say.

"The situation is terrible and there is more ... to come," one construction industry source told Reuters.

"There is a desperate lack of funds."

The fall in world oil prices to $55 a barrel, half what they were in June, could not have come at a worse time for Africa's biggest producer. The run-up to an election is traditionally when government finances come under huge pressure from election spending on advertising and patronage.

Standard and Poor's ratings agency downgraded Nigeria to B+ from BB- last week. The naira has fallen 20 percent since being devalued in November.

Because this vote is expected to be so closely fought, much more money has been needed to fight it. Capital spending in the budget has been slashed and a source in parliament said government contracts are massively in arrears because it is easier not to pay contractors than to hold back salaries.

The top 10 construction companies in Nigeria accounted for 70,000 jobs a year ago but since then their workforces have been cut by a third, industry sources said.

"Most of the companies tightened their belts because of no payments, while overheads are getting higher," expatriate civil engineer Daniel Hazim said.

"That's why the majority of construction companies are passing pink slips to their employees ... expats and locals."

DEVELOPMENT ON HOLD

Thousands of job losses are bad timing for President Goodluck Jonathan's re-election bid, but they may do little to sway an electorate divided along regional and ethnic lines. Jonathan, a southern Christian, faces main opposition candidate Muhammadu Buhari, a former military ruler and a northern Muslim.

Yet the job losses are also a reminder that whoever leads Nigeria after the elepolitical uncertaintyction will need to end its dependence on oil as the motor for the economy.

"We have neglected agriculture, solid minerals, we have neglected human empowerment, we simply sell oil," political analyst and lawyer Onyebuchi Emenka told Reuters TV on Monday.

The country needs a candidate who will diversify the economy, he said.

In the meantime, contractors are suffering. A spokesman for the Ministry of Works said it had received only 44 billion naira out of 98 billion naira allocated last year.

The minister, Mike Onolememen, was quoted in local newspapers as saying that contractors were owed about 230 billion naira between 2011-2014 and that 177 projects lacked sufficient funding to move forward.

Leading construction firm Julius Berger and several other large firms have all stopped working on projects such as roads and bridges because the government is not paying them, industry sources say.

Firms with a smaller presence, such as Italy's Salini Impregilo, which is building Abuja's glitzy Millennium Tower, are in similar difficulties. Julius Berger declined to comment and Salini officials were not immediately available for comment.

Government infrastructure projects always moved slowly, but firms were forced to scale down to skeleton crews last year and several are not expecting to resume work in 2015 at all.

A project to rehabilitate the 340 km (200 miles) Itakpe-Ajaokuta-Warri railway to transport iron ore and coal, crucial to revamping an ageing steel mill, restarted work in August 2014 but was shut down again when funds dried up, a source close to the project said.

Now it will remain on hold until the government can fund it and fulfill its financial responsibilities.

(Additional reporting by Seun Sanni in Lagos; Editing by Tim Cocks and Giles Elgood)

Political uncertainty, oil price kill construction in Nigeria


Source: Reuters

Political uncertainty, oil price kill construction in Nigeria

Political uncertainty over Nigeria's election on Saturday and economic turmoil from low oil prices have delivered a double blow that ha...

Friday, 20 March 2015




Aftermath of New Year Eve Sermon, the respected clergy announced that the President and his wife are trying to assasinate him. An allegation which has not been denied or refuted by the concerned personalities.

 President Jonathan & Wife,Planning To Kill Me - Rev.Fr Mbaka

President Jonathan & Wife,Planning To Kill Me - Rev.Fr Mbaka

Aftermath of New Year Eve Sermon, the respected clergy announced that the President and his wife are trying to assasinate him. An allegation...

Sunday, 15 March 2015

41 Judges Sacked For Supporting The Brotherhood


(Reuters) - An Egyptian disciplinary court ordered 41 judges into compulsory retirement on Saturday for supporting the outlawed Muslim Brotherhood, judicial sources said, the latest move in a sweeping crackdown on political dissent.

The government has implemented a harsh crackdown on Islamists and secular political opponents since July 2013, when then-army chief Abdel Fattah al-Sisi ousted Islamist President Mohamed Mursi following mass protests against his rule.muslim brotherhood

The Disciplinary Council headed by Nabil Zaki, a judge, did not immediately release the reason for its decision, but the judicial sources said 31 of the judges were sent into compulsory retirement for signing a statement condemning Mursi's removal.

Another 10 were removed from their posts for joining the "Judges for Egypt" group, which supported the Brotherhood even before Mursi's removal, the sources added.

Egyptian law prohibits judges from engaging in politics, but critics and human rights groups say the judicial disciplinary court has turned a blind eye to judges who openly support the government of Sisi, who was elected president last year.

The government says the judiciary is independent and it never intervenes in its work.

"The decision is shocking and it is a massacre of the judges," Ahmed El-Khatib, one of the punished judges, told Reuters. He made no comment about whether he supported the Brotherhood.

The judges have the right to appeal the decision.

Separately, security forces arrested 63 middle-level Brotherhood leaders who face charges of attacking police headquarters and inciting violence, Egypt's interior ministry said in a statement on Saturday.

Another 13 Brotherhood supporters were arrested on suspicion of possessing arms and ammunition, it added.

The government has banned the Brotherhood as a terrorist organisation, and Sisi says it is a threat to national security. The group says it is committed to peaceful activism.

Egyptian security forces face a militant insurgency that has killed hundreds of soldiers and police since Mursi was ousted.

The attacks are mostly concentrated in North Sinai, the centre of an insurgency by militants seeking to topple the government.

But frequent small-scale attacks in Cairo and other regions have damaged Egypt's efforts to project an image of stability after four years of turmoil triggered by the 2011 uprising that deposed veteran ruler Hosni Mubarak.

A homemade bomb wounded four people outside an HSBC bank branch east of the coastal city of Alexandria on Saturday morning, security sources said.

Another bomb later exploded outside a courthouse in the centre of the port city, wounding two people and damaging the front of the building, security and medical sources said.

The attacks came on the second day of a three-day investment conference in the resort town Sharm el-Sheikh that Egypt hopes will project an image of stability and attract billions of dollars.

41 Judges Sacked For Supporting The Brotherhood

Source - Reuters

41 Judges Sacked For Supporting The Brotherhood

41 Judges Sacked For Supporting The Brotherhood (Reuters) - An Egyptian disciplinary court ordered 41 judges into compulsory retirement on S...
Black Marketers in Profit as African oil producers hit by dollar crunch

(Reuters) - Few Nigerians are applauding the collapse of oil prices, which has hit the economy of Africa's top crude producer hard and hammered its currency, the naira.

But for the currency hawkers hanging around outside Abuja's Sheraton hotel, business has seldom been so good as wealthy Nigerians turn to the black market - sometimes changing up to $200,000 at a time - to dodge increasingly onerous FX regulations.

In other African crude producers such as Angola and South Sudan, the sharp drop in oil receipts has caused the official supply of dollars to dry up, paralysing day-to-day commerce and leaving some travellers stranded cashless at airports.

In South Sudan, one of the world's poorest countries, the formal central bank rate is 2.95 pounds to the dollar, but traders say the bank refused to sell, forcing them to resort to the streets where the greenback is worth more than double its official rate.

"Access to dollars is a problem for me," said Ahmed Oman, a Somalia market trader in Juba, the war-scarred and landlocked state's dusty capital city.

In Nigeria, holding naira has become increasingly unpopular as it has lost its value.

Basic everyday goods can still be paid for in the local currency but many items are scarce and Nigerians need U.S. dollars for imports such as drugs or fabrics sold by small-time traders, to send money to relatives abroad or to purchase western clothes that are important status symbols.

Faced with a massive drop in oil revenues and declining reserves, Nigeria's central bank devalued the naira and then imposed rules restricting access to dollars to all but importing companies to curb what it termed "speculation".

The consequence has been to force more people to the black market, where the currency's rate has fallen as low as 227 this week, more than 10 percent weaker than its official level.

"People buying dollars is increasing," said Adam Musa, head of a group of currency traders sitting in the shade of a tree on an Abuja street where gangs of hawkers flag down passing cars to start negotiations.

Since oil prices slumped over 6 months ago, rich Nigerians have started turning to the street market, squeezing out smaller fry with orders sometimes totalling as much as $1 million.

"The rich are buying plenty," said Abubakar Shamsedin, another Abuja trader. "I can do $20,000-$50,000 myself. The smallest amounts lately are $1,000-$3,000."

NO DOLLARS, NO TRAVEL


In Angola, Africa's second-biggest crude producer, foreign currency is supposed to be available from bureaux de change but with oil revenues dropping dramatically in the last six months, most have run out.

Instead, desperate Angolans have turned to the black market, where the rate has yo-yoed between 150 and 180 kwanza over the last few weeks, against an official level of around 106.

In the capital Luanda, restaurants and shops will happily accept dollars or euros since they have to import nearly all their raw produce.

"For three weeks now, we lost the official supply of U.S. or any other foreign currency," one teller, who did not want to be named, told Reuters as she sat in front of a blank computer screen at a bureau de change in the main airport.

Passengers needing foreign currency were exasperated.

"Where else can we buy it?" one female passenger asked. "We were told by government to buy foreign currency at the airport as long we show our visa and air ticket. What can I do now?"

Similar problems are occurring in Nigeria, where even official bureaux de change are being denied dollars by banks and the central bank, leaving walk-in customers as their only source of hard currency.

"We used to buy directly from customers and the central bank in the past but the central bank is not selling to us," said one agent in Nigeria's commercial capital, Lagos, offering rates of around 223 naira to the greenback.

"It's not the 'street rate' - we are a licensed bureau de change. But it's how we buy that determines how we sell," he added.

In a multi-storied plaza in Abuja that is home to the dozens of shops fronted by signs advertising "Bureau de Change", the mood is glum as licensed dealers struggle to compete with the informal market outside.

"People are holding their money," said Salisu Garu, one licensed dealer who says his dollar turnover has collapsed, reducing his profits to a quarter of the 200,000 naira he used to take home every week.

"You see, only one person has come in while I'm speaking to you - with $700."

 

Black Marketers in Profit as African oil producers hit by dollar crunch

Sources : Reuters

 

Black Marketers in Profit as African oil producers hit by dollar crunch

Black Marketers in Profit as African oil producers hit by dollar crunch (Reuters) - Few Nigerians are applauding the collapse of oil prices,...

Tuesday, 24 February 2015

As of April, eligible citizens will be able to apply for their Smart ID Cards at the Home Affair's kiosks in their nearest bank, Home Affairs Minister Malusi Gigaba said on Tuesday.

The Minister said this when he led a briefing by government's Governance and Administration Cluster at the Imbizo Media Centre in Parliament on Tuesday.

The Minister said this would be a pilot project.

The Minister said to date, two banks - FNB and Standard Bank - have signed a memorandum of understanding with the Department of Home Affairs for the pilot project.

Nedbank has indicated its willingness to sign on the dotted line and Minister Gigaba hopes Absa will also join the partnership.

He said his department had also approached the South African Post Office with the aim of reaching an agreement on how some of its infrastructure could be used as well.

"There are several new innovations that are going to be introduced by the department in the course of this and the next financial years to assist South Africans in applying for their Smart ID Cards and passports in an extremely convenient way.

"That is why the President announced that we will soon be able to apply for our Smart ID Cards at our bank...

"At the moment there are three banks that have come on board and we have signed a memorandum of understanding to start a pilot process with them - so that a person can ... go to the Home Affairs kiosk in the bank, submit all their applications, take their biometric photograph, automated fingerprint and their electronic signature and that is compiled to an electronic package and deposited to Home Affairs," he said.

The Minister said the innovation would help ease the queues at Home Affairs' 403 offices nationwide, while delivering a crucial service to citizens quicker, efficiently and professionally.

Those that are eligible to apply are pensioners older than 60 years or 16 year-olds.

Meanwhile, the Minister said government had a massive task to ensure that over 38 million citizens with green-coded ID books are converted to Smart ID Cards.

"To date we have issued over one million Smart ID Cards, in less than a year. We are confident of reaching the target of 1.6 million cards by the end of the 2014/15 financial year," he said.

Deadline for late registration of births

Meanwhile, Minister Gigaba said government will continue with its campaign to register children within 30 days of birth, as part of maintaining the integrity of the National Population Register.

"To this end, we have announced that we will cease the process of the late registration of births by 31 December 2015. This critical milestone will ensure that we safeguard our identity, citizenship and secure our population register."

Government will continue to brief media over the next few weeks regarding the implementation of the programme of action in the wake of President Zuma's State of the Nation Address 2015.

South Africans To Apply for Smart ID Cards At the Bank

As of April, eligible citizens will be able to apply for their Smart ID Cards at the Home Affair's kiosks in their nearest bank, Home Af...
10 Nigerian Banks on Fitch Ratings

Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks.

They are Zenith Bank Plc, FBN Holdings Plc and its subsidiary, First Bank of Nigeria Limited, the United Bank for Africa Plc, Guaranty Trust Bank Plc (GTBank) and Access Bank Plc.

Others are Diamond Bank Plc, Fidelity Bank Plc, Union Bank Plc and First City Monument Bank Limited (FCMB).

The rating agency explained in a report yesterday that the outlook for all the banks are stable.

"Fitch has also affirmed the National Ratings of Stanbic IBTC Bank Plc (SIBTC) and Stanbic IBTC Holdings Plc (SIBTCH). The ratings are all in the 'B' range, indicating highly speculative fundamental credit quality, and factor in Fitch's expectation of increasingly challenging economic conditions and market volatility in Nigeria.

"The operating environment is affected by persistently low oil prices, continuing pressure on the domestic currency naira, likely further monetary policy and regulatory actions and increased political uncertainty. At the same time, the ratings are underpinned by continued strong underlying economic growth in Nigeria, particularly in non-oil sectors," it added.

Fitch said it expects non-oil gross domestic product (GDP) growth of 5.5 per cent in 2015, compared to the 7.5 per cent attained in 2014. This would be driven by continued economic reforms and limited impact from public sector austerity.

"The IDRs of FBN, UBA, Diamond, Fidelity, Union and FCMB are support-driven. Zenith's, FBNH's, GTBank's and Access' IDRs are driven by their standalone strength as measured by their Viability Ratings (VRs). "In assessing the probability of sovereign support, Fitch considers the authorities' willingness to support the Nigerian banks to be high as demonstrated in the past, but its ability to do so may be constrained by Nigeria's 'BB-' sovereign rating.

"Fitch assigns Support Rating Floors (SRFs) based on each bank's systemic importance. The most systemically important banks in Fitch's view are FBN, Zenith and UBA, which are assigned SRFs of B+'. The other banks have SRFs of 'B'. FBNH is the holding company of FBN. It's SR of '5' and SRF of 'No Floor' reflect Fitch's view that while the Nigerian authorities' propensity to support local banks is high, the same level of support would not apply to holding companies.

"The ratings and outlooks are sensitive to a prolonged and severe recession that would affect the ability or willingness of the Nigerian authorities to provide support. However, a one-notch downgrade of the sovereign would not necessarily lead to a downgrade of the SRFs. Zenith's and Access' IDRs would only be downgraded if both their VRs and their SRFs are simultaneously downgraded (both banks VRs and SRFs are currently at the same level) and revised lower.

"The IDRs of GTBank and FBNH are driven by their VRs and are therefore not sensitive to changes in their SRFs.The highly challenging and volatile operating environment in Nigeria constrain the VRs and the other key rating factors, particularly the banks' financial profiles. The recent oil price shock and subsequent currency pressure has weakened the Nigerian operating environment and is likely to result in lower GDP growth in 2015.

"In turn, the banks are likely to report weaker profitability, asset quality and capital ratios. These pressures are to an extent captured in Fitch's ratings, and partly explain the stable outlooks," it added.

Nevertheless, should the operating environment deteriorate faster than expected, particularly should it significantly impact the banks' capital and asset quality, VR downgrades cannot be ruled out.

Fitch forecasts sector non-performing loans (NPLs) to rise above the Central Bank of Nigeria's (CBN) informal cap of five per cent but below 10 per cent by end-2015.

This reflects high credit concentrations as well as emerging risks, particularly in the oil and gas and power sectors. These factors, together with a shift to Basel II and CBN's revised regulatory capital computation rules, are likely to add more pressure on capital than previously expected. Tier 1 capital ratios could fall below 15 per cent for many banks, which is low in the Nigerian context. Oil & gas exposures, particularly upstream segment lending, will be sensitive to low oil prices, in particular when loans are extended to indigenous companies rather than large international operators.

If low oil prices persist in 2015, Fitch expects some banks will have to restructure part of their portfolios by extending tenors to better match new cash flow projections.

Fitch expects liquidity to remain tight in 2015, amplified by higher central bank reserve requirements. New limits on foreign currency borrowing and net open positions are likely to reduce US dollar debt issuance.

Despite increasing competition for low-cost and stable deposits, customer deposit growth should remain healthy and help loans-to-deposit ratios remain below the regulatory limit of 80 per cent.

In addition to the general pressures stemming from the economy, the VRs of the Fitch-rated banks consider the following factors.

All references are made within the context of the Nigerian operating environment. Zenith's VR considers its strong franchise, management quality, conservative risk appetite and robust financial metrics.

Asset quality is sound and upstream oil and gas exposure represented a limited 6% of loans at end-September 2014. Zenith has a track record of good client selection and Fitch does not expect major impairments in its corporate book.

The bank's capitalisation and leverage compare well with peers and benefit from a strong funding franchise, sound liquidity and proven access to wholesale markets. Zenith's resilient financial performance stands out, and the bank should manage 2015 better than most peers.

GTB's VR considers the bank's sound financial metrics compared with most domestic peers.

This includes the bank's sound profitability, driven by efficiency gains from a low cost business model, healthy asset quality, driven by sound underwriting, and adequate capital.

The VR also considers a proven strategy implemented by a strong management team. FBNH's and FBN's VRs reflect the group's traditionally strong company profile and adequate capitalisation and profitability.

Asset quality metrics are acceptable but the group has the highest oil and gas exposure among peers (40% of gross loans at end-September 2014). This is a key risk, in particular the upstream book (12%).

FBNH has a strong funding franchise. Its retail franchise allows it to source low-cost deposits, and it successfully accessed capital markets in 2014. Group liquidity is adequate.

UBA's VR is constrained by weak, albeit improving, capitalisation. The VR also considers a strong company profile, including a broader international footprint than peers. This makes the bank less sensitive than peers to current turbulence in Nigeria, although 2015 will still be challenging. Asset quality is adequate.

NPLs are currently low, although Fitch expects these to increase. UBA has strong funding and liquidity. Its large pan-African network allows it to collect low-cost deposits, and the loan-to-deposit ratio is low.

Access' VR reflects the bank's adequate capitalisation, which will improve should a planned rights issue complete successfully.

The VR also considers the bank's stronger company profile since the Intercontinental Bank acquisition. This has benefitted Access' financial metrics, including improved earnings and asset quality.

Diamond's VR is constrained by weak capitalisation, which is inadequate in light of the bank's risk profile, despite the completion of a rights issue in November 2014. Asset quality is slightly weaker than most peers. While the level of impaired loans is currently acceptable, certain large exposures present downside risk.

Fitch views risk appetite as high, considering plans to materially expand retail and SME lending activities. While these segments are inherently risky, this is where the bank's expertise lies.

Furthermore, risk controls and underwriting standards in the retail business are advanced. The VR also reflects Diamond's acceptable earnings, funding and liquidity.

Fidelity's VR reflects the bank's weaker company profile than peers. The bank's lack of scale manifests in its niche business model. The VR also considers Fidelity's weaker and less stable earnings than peers, a high cost base, and a greater reliance on non-core banking revenues.

The VR also considers the bank's improved asset quality metrics over the last three years. Union's VR reflects threats to asset quality ratios from a sizeable portfolio of past due, but not impaired, loans and a material exposure to the oil sector.

The VR also considers a higher risk appetite than peers, indicated by loan growth above the sector average, albeit from a lower base than peers. The VR further considers some exposure to operational risk resulting from a weaker technological platform than peers, which Union is currently addressing.

 

10 Nigerian Banks on Fitch Ratings

10 Nigerian Banks on Fitch Ratings

10 Nigerian Banks on Fitch Ratings Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks. They are Zen...

Sunday, 22 February 2015

Kenya Recognises a New Somalia State

Kenya has endorsed the latest regional state in Somalia, a move that is likely to offend Mogadishu.

The Central government of the neighboring country has been uncomfortable with Kenya's "continued fragmentation" of its fragile administration.

Deputy President William Ruto yesterday hosted the president of the new South West State of Somalia, Sharif Hassan Sheikh Adan in his Karen home in Nairobi.

"Kenya would assist in stabilising individual states of the Federal Government of Somalia as prerequisite to bringing stability to the whole country and the region at large," Ruto said.

Sharif Hassan is a former Finance minister and speaker of parliament. He was ousted in 2011 as speaker after he held "unauthorised" talks with the Union of Islamic Courts which later morphed into the al Shabaab militia group.

He has business interests in Nairobi as well.

Mogadishu has been uncomfortable with Kenya's "crowning" of regional leaders in the name of Somalia's unity and prosperity.

Last May, Somalia temporarily recalled its ambassador, partly in protest of Kenya's close association with the Jubaland region.

The Interim South West State of Somalia which brings together the Bay, Bakool and Lower Shabelle regions has its capital in Baidoa and it borders Jubaland to the east.

It was inaugurated in November last year in a process supported by Intergovernmental Authority on Development and United Nations Operations in Somalia (Unisom).

Baidoa is the headquarters of African Union Mission to Somalia's Sector Three, manned by Kenyan and Ethiopian forces. It is considered an important town in the fight against al Shabaab.

The formation of the state in Last November was vehemently opposed by the Somalia's parliament led by speaker Mohamed Osman Jawaari. There were also demonstrations in Baidoa opposing the new administration.

The South West state becomes the fourth semi-autonomous state of Somalia. Others are Puntland, Somaliland and Jubaland.

Somaliland cut links with Mogadishu years ago and is fighting for international recognition as an independent country. It has democratically elected its president and is largely considered a success story.

Abdiwahab Sheikh Abdisamad, an analyst with Southlink Consultants and Horn of Africa political scientist at Kenyatta University said Somalia's lack of a clear foreign policy towards Kenya has created fodder for former warlords to claim leadership within their ethnic base.

"While the central governmental of Somalia was aware and actually involved in formation of this state, the latest visit to Kenya by Shariff Hassan must leave Mogadishu uncomfortable as it considers it subordination by Hassan," he said.

Analysts say Kenya and Ethiopia want local administrative units to support them against al Shabaab and to avoid any influx of refugees into their countries. The state is also considered a favourite destination of repatriated Somalia refugees from Kenya.

Kenya was instrumental in the formation of Jubaland, another self-declared autonomous region, which it sought to use as a buffer against al Shabaab. Jubaland is led by Sheikh Ahmed Mohamed Islam (Madobe) who fought alongside the Kenya Defence Forces during Operation Linda Nchi in 2011.

He was the commander a militia called the Ras Kamboni brigade. Efforts to speak to speak to officials at Kenya's Foreign Affairs ministry did not materialise as phones went unanswered.

Yesterday, Ruto said Kenya "has no other interest in Somalia other than bringing peace and stability to the country".

"We do not want anybody to take advantage of the fragile situation in Somalia and incubate people to destabilise the country and the region," he said.

Ruto said the government is ready to participate in the reconstruction of Somalia through the Joint Cooperation Commission established in 2013 to tackle development issues between the two countries.

"As African leaders, we should be in the front line in helping our brothers and sisters in Somalia," he said.

"We can be limited in capacity but not in willingness to assist."

On his part, President Sharif Hassan Sheikh Adan thanked Kenya for its support against al Shabaab.

"We are happy with Kenya's assistance in resolving the problems in Somalia, and we are urging that Kenyan troops be allowed to traverse the interior of the country which is still under the control of al Shabaab and help in liberating it," he said.

He appealed to Kenya to assist in building the capacity of his government especially in police, the justice system and in intelligence gathering.

 

Kenya Recognises a New Somalia State

Kenya Recognises a New Somalia State

Kenya Recognises a New Somalia State Kenya has endorsed the latest regional state in Somalia, a move that is likely to offend Mogadishu. The...
Nigerian Military Recaptures Baga!

Nigerian troops fighting the insurgent group, Boko Haram, have reclaimed the town of Baga and other surrounding communities in Borno state after days of fierce fighting, the Nigerian defence headquarters has said.

The Director of Defence Information, Chris Olukolade, a Major General, posted via his twitter handle Saturday, "Troops on Sunday afternoon captured #BAGA after fierce battle with terrorists".

Mr. Olukolade indicated there were "heavy casualties" in the battle and that mop-up operations were ongoing.

Mr. Olukolade later issued a detailed press statement giving details of the Baga operation .

Boko Haram had on January 4 attacked the base of the Multi-National Joint Task Force, MNJTF, in Baga, eventually dislodging the soldiers, in what was said to be one of the fiercest battles in recent times as soldiers battled to hold their grounds without much success.

The terrorist later took over the town. Rights group, Amnesty International, said over 2, 000 people were killed in the attack, a claim denied by the Nigerian military which said the number of people killed did not exceed 150 - including terrorists, soldiers and civilians.

The operation to recapture Baga, Monguno and other territories held by Boko Haram kicked off February 14 as announced by the military in early February - the major reason the security services gave for their demand that presidential and National Assembly elections, earlier billed for February 14, be delayed.

Nigeria's National Security Adviser, Sambo Dasuki, and the military chiefs had warned that they could not guarantee security if the elections went ahead as planned.

According to details referred to by the Independent National Electoral Commission, the military said it was planning sweeping onslaught against Boko Haram starting February 14, and did not want a distraction.

The military assured that the six-week extension, which will allow time for the operations, will significantly turn the tide in the war against Boko Haram, a pledge re-affirmed by President Goodluck Jonathan during a televised media chat last week.

PREMIUM TIMES had last Saturday reported how the Nigerian security forces launched a huge military campaign to retake a swath of territory in the North East seized by the terror group.

Security sources had told PREMIUM TIMES of a massive deployment of troops and military assets, many of them newly-acquired, in the fight to re-take territories being held by the terrorists.

The operation, our sources said, was being personally led by L.O Adeosun, the General Officer Commanding of the Maiduguri-based 7th Battalion and the Commander of the 5 Brigade, Munguno, a Brigadier general Udoh, Mr. Adeosun, a Major General, was recently posted to Borno after the loss of Baga and Munguno to Boko Haram.

On February 16, the military announced it had reclaimed the town of Monguno and nearby communities after nearly two days of fighting.

Boko Haram had carried out a pre-dawn attack on Monguno, which is about 137 kilometres from Maiduguri, the Borno State capital over three weeks ago.

The takeover of Monguno and other communities brought Boko Haram closer to Maiduguri and the Army successfully repelled the insurgents' attempts to get into Maiduguri.

On February 19, the military said it has invaded the notorious Sambisa forest base of the terrorists.

Mr. Olukolade had said a concerted air campaign by the Nigerian Air Force was ongoing in the forest to clear the terrorists from their enclaves.

He said air strikes, targeted at the training camps and logistics dumps of the terrorists in Sambisa forests and parts of Gwoza were "highly successful".

He said a high death rate was recorded on the side of the terrorists while many others were scampering out of the areas invaded by the military.

The Nigerian military has been sternly criticised for not going after Boko Haram militants despite knowing their major bases.

The new strikes has however raised concerns over the safety of over 200 school girls believed to be held in the Sambisa area by the insurgent group since April 14 last year.

The girls were abducted from their hostel at Government Secondary School Chibok in Borno State.

The military had said in the past it was avoiding an all-out battle on the Sambisa enclave for the sake of the girls' safety.

 

Nigerian Military Recaptures Baga!

Nigerian Military Recaptures Baga!

Nigerian Military Recaptures Baga! Nigerian troops fighting the insurgent group, Boko Haram, have reclaimed the town of Baga and other surro...
#SwissLeaks -David Mark's Wife, Dangote, Adenuga, Others named in Secret Foreign Accounts

Some of Nigeria's wealthiest industrialists, former government officials and their relatives, were amongst thousands of individuals around the world who operated highly secretive foreign accounts with the Swiss branch of banking giant, HSBC, concealing their identities for years and using codes perhaps to shake off tax authorities from accounts, some of which held illicit assets from criminals, traffickers, arms dealers and other outlaws, secret files published last week by a consortium of journalists around the world have shown.

The trove, released by the French Daily, Le Monde and the International Consortium of Investigative Journalists, in partnership with PREMIUM TIMES, and a host of other major media organisations around the world, showed how HSBC profited doing business with people who stole from their countries and some of the world's most notorious con artists, including people who made a fortune fuelling wars in Africa.

PREMIUM TIMES is the only Nigerian publication involved in the investigation, which lasted several months.

The bank helped questionable characters conceal their wealth despite knowing their sources, and devised ways to hide the identities of the owners of the secret accounts from governments around the world.

At least 100,000 secret bank account operators who owned about $100 billion were exposed in the leaks, unsettling investigators in several countries.

A Roll-call of Nigerian Clients

French authorities have so far linked 201 individual and corporate HSBC clients with Nigeria - either nationals or having business interests in the oil-rich West African country. However the sorting procedure might be faulty and some of those listed may end up having nothing to do with Nigeria.

Top on the list of Nigerians whose names appeared on the file is Africa's richest industrialist, Aliko Dangote.

Another Nigerian businessman and owner of mobile telecom company, Globacom, Mike Adenuga, also appears on the files.

Vikky Preye Mark, estranged wife of Nigeria's Senate President, David Mark, was also listed.

Many of the accounts date back to the 1990s and up to 2005/2006, when the data were stolen by a former staff of HSBC, Hervé Falcian.

According to details pieced together by the ICIJ, HSBC fashioned a series of layers of privacy schemes to ensure the worst of criminals and characters were protected.

The methods used were simple but had complex implications.

First, the account owner opens an account in his or her name, and the bank, in connivance with the customer, replaces the account holder's name with a number code that is then given to the client.

At times, the clients are encouraged to incorporate offshore shell companies in notorious tax havens, which then indirectly hold the accounts on behalf of the real beneficial owners.

The bank repeatedly reassured clients it would not disclose details of the accounts to national authorities, even if evidence suggested that the accounts were undeclared to tax authorities in the client's home country.

The code meant the client would no longer be tied to the account with his name, but in all transactions with the bank, he or she will be identified with the number.

But correspondences from the bank would be sent to the holder's personal address. There was also an option for customers to ask the bank to withhold their mails. That practice was later discontinued.

The account holders were given the option of being contacted directly, or through proxies.

To access the account, there were options too. A client could do so from his home, whereby he will need to declare the account to tax authorities; or travel there in person, or do so through a courier who flies to Switzerland to collect cash from time to time.

Ultimately, the bank ensured the account details were kept secret and separate from the personal details of the holder.

That entire process allowed the bank's clients hide from tax authorities and governments around the world, while criminals could hide stolen wealth.

Not all holders of the HSBC private accounts are however criminals, but there are concerns regarding why they chose a banking platform with emphasis on secrecy and concealed identities.

Very little of Mr. Dangote's transactions with the bank were made available.

As head of a conglomerate operating in 16 African countries, including Nigeria, Mr. Dangote made his fortune producing salt, sugar, flour, cement and noodles. He has also expanded to real estate and oil.

Mr. Dangote is the president of the Nigerian Stock Exchange.

In November 2014, Forbes magazine ranked him the richest man in Africa and the 23rd in the world with an estimated fortune of $21.6 billion.

The mogul became an HSBC private account client in July 2003. The account appeared in the name of Development Projects Corporation, its registration address in Tortola the British Virgin Islands, a notorious tax haven, where individuals and corporations usually incorporate shell companies to hide assets. Mr. Dangote's account was in operation till August 2004.

It is not clear to what use Mr. Dangote put the account and perhaps because he closed it long before the data were stolen, bank records did not indicate any balance on the account.

Globacom's owner, Mr. Adenuga, had an account in his name tied to Sunbow Express Limited, a company based in Panama and for which HSBC described him as beneficial owner. The leaked file gave the company's postal address as 86 West Green Road, GB-London N15 and c/o Arosemena Noriega-Contreras, Calle Elvira Mendez Street, 10 ED. DEL Barco Do Brasil P-Panama City, Panama.

Mr. Adenuga's own address was given in bank documents as 37 York Terrace East GB-London NW1.

The businessman, who is among Africa's richest personalities, opened the account on February 2, 1997 and it had a balance of $115, 405.00 as of 2006/2007 when the data were stolen.

Mr. Adenuga did not respond to ICIJ's repeated requests for comment.

Mrs. Mark also operated an account with the bank but with details made largely secret. Although she was known within the bank as the beneficial owner of the account, she was largely identified with a secret code - 14312MP.

Mrs. Mark opened the account on December 18, 1989 and closed it July 12, 1991. About that time, her husband, then a top ranking army officer, had served as military administrator of Niger State and federal minister of communications, a period during which he is believed to have made a fortune.

He has been a senator since 1999 and President of the Nigerian Senate since 2007. Court papers during a messy divorce with his wife suggested that some of his children schooled in Switzerland, but it is not clear whether it was during that period that Mrs. Mark operated the HSBC account.

The court papers also showed that the Marks operated foreign accounts elsewhere. About six million pounds in four accounts - three at the Northern Bank, Isle of Man, and one at the Allied Irish Bank, Jersey - were frozen in October 2000 as a result of the ancillary relief sought by Victoria Mark in the couple's divorce case. Mr. Mark's operation of those accounts while a Senator is a violation of Nigerian law which bars public officials from operating foreign accounts while in office.

Nigeria's former defence minister, Theophilus Danjuma, was also linked to HSBC account 15731CD, which was opened in 1993 and closed in 2001. The documents did not provide details regarding the balances in the account and the use to which Mr. Danjuma put it.

Mr. Danjuma has emerged one of Nigeria's richest former public office holders through ownership of one of Nigeria's most lucrative oil blocs and a lucrative shipping firm.

Another notable name on the leaked file is Adamu Wakili, Nigeria's former Ambassador to the United States. Mr. Wakili was linked to account 17404B01, opened in 1991 and closed two years later. Mr. Wakili served as Minister of Agriculture and Rural Development as well as that of Environment,

The list also has Aminu Jibril, former Senator, Minister and Ambassador. Mr. Jibril's account has no details beyond his address, listed as Yola, former Gongola State.

Deribe Alhaji Mai, who also operates one of Nigeria's richest oil blocs, was listed in the leaks. His details were not provided.

Peter Igbinedion Osawaru, was also named in the leaked file as the Director at Okada Air with an account code of 15418MP, opened in 1991 and closed in 1995.

Ibrahim Dasuki, a former Sultan of Sokoto who was deposed in 1996, was linked to account 15372HTNL, opened in 1991 and closed in 1993. The account coincided with when he was Sultan.

Another prominent Nigerian listed on the file as an HSBC client is Inuwa Wushishi, a retired General, former chief of army staff between 1981 and 1983 and former Board Chairman of UAC of Nigeria. Mr. Wushishi, 75, and his wife, Aishatu, were identified as beneficial owners of an account with code 6808AW. The couples opened the account on December 18, 1989 and closed it July 12, 1991. It remains unclear to what use they put the account.

Also on the list is Mohammed Hayatudeen, a former CEO of FSB International Bank and immediate past Chairman of the Nigerian Economic Summit Group - Nigeria leading economic think tank. Mr. Hayatudeen and his wife, Hafsatu, are listed beneficial owners of an account with secret code 15409MZH, opened on June 15, 1992 and closed on September 3, 1996. Apparently the entire balance in the account was cleared long before the leaked HSBC data was stolen.

There are lots of other Nigerian businesspersons listed in the file. They include Victor Ifeanyi Odili and his wife Ifeyinwa, who had a balance of $18,518.57 in their account as at 2005/2006 when the data was stolen; a Lagos-based merchant, Abdallah Taofik, who had a balance of $3,480,942.94; Akindele Labode Oladimeji ($23,979,105.76); Nankani Jairaj ($1,131,097.72) among others. (PREMIUM TIMES will release the full list of Nigerian clients in the days ahead.)

Files Sheds More Light on Nigeria's Halliburton Bribery

The leaked file also opened a new window in the Halliburton bribery scandal involving Nigeria's former leaders and the bribery surrounding the award of contracts for Nigeria Liquefied Natural Gas plant.

The files reveal that Jefrey Tesler, the UK lawyer, who used a network of secretive banks and offshore tax havens to funnel $182 million in bribes to top Nigerian officials in exchange for a $6 billion contract to build Nigeria's LNG, had financial ties to two former Nigerian officials: now-retired Major General Chris Garuba, chief of staff to former Nigerian president Abdulsalami Abubakar who himself allegedly received bribes as president; and Andrew Agom, a senior government official who was killed in an attack on a motorcade.

Records show bank staff responding to a request from Mr. Agom's widow to unfreeze her husband's account, whose post was sent to Tesler's North London law firm and which was marked as subject to criminal investigations into Mr. Tesler. The files do not indicate whether or not the account was ultimately unfrozen.

Mr. Garuba, a former governor of Northeastern Bauchi state, is now chairman of Obekpa Petroleum, a Nigerian oil company. Before his death, Mr. Agom was a member of the Board of Trustees of the Peoples Democratic Party, which which was in power for most of the period the bribery scheme unfolded.

Mr. Agom was the beneficial owner of an HSBC account linked to a Gibraltar-based company, Hemisphere Services Limited, which held a maximum amount of $797,377 at one point in 2006 or 2007. Africa Confidential magazine previously named a company named Hemisphere Services (Nigeria) as a "recipient of largesse" from Tesler after viewing documents disclosed to the magazine during a French corruption investigation.

Mr. Agom's account was opened in 1991, on the same day that an account was opened in the name of former Nigerian Air Force Chief, Abdullahi Dominic Bello. A Nigerian government investigator has previously described Swiss accounts held by Mr. Bello as a conduit for "slush funds". The investigator did not specifically mention HSBC.

A spokesman for Mr. Bello told ICIJ that the account, which was used for business purposes and opened by Mr. Tesler when he was Bello's lawyer, had never been used for slush funds or bribes. "At no point has Mr. Bello been charged to any court over the bribery scandal," said the spokesman, adding that, "it must be a coincidence that Mr. Agom and [Mr. Bello's company] opened an account the same day."

The leaked HSBC files identify Chris Garuba and his wife Rita as HSBC clients; their names are listed along with Tesler's in an account named Bridlington Enterprises Limited, for which Mr. Tesler acted as an attorney. The files show that the account was opened the year before Mr. Tesler sent his first bribe payment to Switzerland, although the files do not show that Tesler transferred money into the Bridlington account, which held as much as $367,547 in 2006 or 2007.

The principal beneficial owner of that account is a certain Abu Shuaibu, a 65-year-old who effectively ran the account, repeatedly visiting HSBC in Switzerland, and making several withdrawals in cash. On one occasion - on November 11, 2005 - he visited the bank to request a transfer of 600,000 U.S. dollars. It is not clear to whom the money was sent.

PREMIUM TIMES and ICIJ have not been able to determine Mr. Shuaibu's real identity. Chris and Rita Garuba, who should know, did not respond to repeated requests for comment.

HSBC Apologises

Headquartered in London, HSBC has offices in 74 nations and territories on six continents.

The leaked account records show some clients making trips to Geneva to withdraw large wads of cash, sometimes in used notes. The files also document huge sums of money controlled by dealers in diamonds who are known to have operated in war zones and sold gemstones to finance insurgencies that caused untold deaths.

On Sunday, HSBC published a full-page advert containing an apology in several newspapers, over claims that its Swiss private bank helped clients evade tax.

The advert reproduced an open letter signed by chief executive Stuart Gulliver, which said recent coverage by the media had been "a painful experience".

Mr. Gulliver, whose letter was addressed to the bank's customers and staff, said in his letter that he wanted to reassure customers that its Swiss private bank had been "completely overhauled".

"We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards," he was quoted by the BBC as saying.

"The media focus has been on historical events that show the standards to which we operate today were not universally in place in our Swiss operations eight years ago.

"We must show we understand that the societies we serve expect more from us. We therefore offer our sincerest apologies."

Mr. Gulliver also said that the recent media coverage about its clients and past misdeeds must be put "into context".

"A former employee of the Swiss private bank stole data more than eight years ago.

"Major UK media outlets have focused on approximately 140 names included in the stolen data.

"Many of the people mentioned have been named simply because they are well-known individuals. The vast majority of these 140 people are no longer clients.

"The media has been mentioning a number of 100,000 clients. At its peak, the Swiss private bank had about 30,000 accounts.

"We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards."

Musikilu Mojeed and Ini Ekott Contributors to this story: Will Fitzgibbon

#SwissLeaks -David Mark's Wife, Dangote, Adenuga,named in Secret Foreign Accounts

#SwissLeaks -David Mark's Wife, Dangote, Adenuga, Others named in Secret Foreign Accounts Some of Nigeria's wealthiest industrialis...

 

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