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Emefiele’s Naira Renewal: A Dangerous Gamble

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By Eric Elezuo

Like it did in 1984, the administration of President Muhammadu Buhari has proposed to redesign the higher denominations of the nation’s currency. The announcement was contained in a statement released by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, during a press briefing in Abuja. The bank said it is undertaking the designing project to have control of the currency in circulation, manage inflation, as well as tackle counterfeiting. He noted that the targeted notes are N100, N200, N500, and N1000, while release into the Nigerian monetary space will start on December 15, 2022, and then by January 31, 2023, the existing notes will be completed phased out of circulation.

Emefiele hinted as part of the many reasons for the action, that the currency management has faced several daunting challenges that have continued to escalate in scale and sophistication with attendant and unintended consequences for the integrity of both the CBN and the country.

However, stakeholders, analysts and the general public have been left to wonder if the CBN and Emefiele were well advised as a cross section of Nigerians believe that the project could be a dangerous gamble, seeing that there are concerns the move may lead to confusion as rural population may find it difficult to change their currency notes within the given time among a whole lot of consequences, which the Minister of Finance, Zainab Ahmed has hinted.

In his address while making public the intention of the CBN, which permission, he said has been given by President Buhari, Emefiele said: “These challenges primarily include: Significant hoarding of banknotes by members of the public, with statistics showing that over 85 percent of currency in circulation are outside the vaults of commercial banks,” he said.

“To be more specific, as at the end of September 2022, available data at the CBN indicate that N2.73 Trillion out of the N3.23 trillion currency in circulation, was outside the vaults of Commercial Banks across the country; and supposedly held by the public.

“Evidently, currency in circulation has more than doubled since 2015; rising from N1.46 trillion in December 2015 to N3.23 trillion in September 2022. This is a worrisome trend that cannot be allowed to continue.”

Emefiele’s catalogue of excuses regarding why the existing naira notes must be phased out includes the fact that the increase in the hoarding of currency in circulation has affected inflation, which hit a 17-year high in September, in addition to the menace of worsening shortage of clean and fit banknotes with attendant negative perception of the CBN and increased risk to financial stability.

The CBN governor also listed that the redistribution of the new notes will discourage ransom payment as large volumes of money won’t be accessed because the amount of cash in circulation will be drastically reduced just as it will help deepen CBN’s drive to entrench cashless economy as it will be complemented by increased minting of the eNaira.

“Also, in view of the prevailing level of security situation in the country, the CBN is convinced that the incidents of terrorism and kidnapping would be minimized as access to the large volume of money outside the banking system used as source of funds for ransom payments will begin to dry up.

“This will further rein in the currency outside the banking system into the banking system thereby making monetary policy more efficacious,” Emefiele said.

As expected, the CBN governor’s initiative has received knocks and kudos from across the length and breadth of the country with stakeholders voicing their thoughts at how the redesigning of the naira will impact on the economy, and more importantly on the lives of the citizens.

First among the early praise singers of Emefiele’s initiative is the Economic and Financial Crimes Commission, (EFCC).

In his remarks, the chairman of the commission, Abdulrasheed Bawa, described the move as “well-considered and timely” as it will address the challenges of currency management which has negatively impacted the country’s monetary policy and security imperatives.

“The EFCC, the CBN and some other regulators in the financial sector have worked closely in the recent past to determine how best to stabilize the country’s monetary policy environment. It is heart-warming that the CBN has demonstrated courage in taking this bold decision which I believe will bring sanity to the currency management situation in Nigeria,” he said, in a statement released by its spokesperson, Wilson Uwujaren.

EFCC’s involvement , according to Bawa is to monitor the process to ensure that unscrupulous players and currency speculators and their cohorts among the BDCs do not undermine the exercise. He also charged banks to be alive to their reporting obligations and not assist unscrupulous customers in laundering suspected proceeds of crimes through their system.

The CBN has also requested that the process of introducing the new notes and phasing out the existing ones will ensure that
1. Banks must only accept cash from customers with bank accounts, adhering fully to the principle of KYC.
2. Cash must only be paid into customers accounts. Cash must not be paid into ledgers or suspense accounts
3. CBN will no longer print large quantities of Cash. New cashless policy to be announced in January
4. Banks that receive cash from non-account holders or customers will be penalised by CBN and EFCC
The process will also involve the CBN and EFCC monitoring and tracking all deposits just as it provides an opportunity to leverage on branch networks to drive funding of accounts and drive digital adoption and opening of new accounts.
But how feasible the lofty ideas the CBN has expressed in this initiative is remains a mirage and gamble as most bodies have risen in condemnation of the process.
The first of the misadventure of the naira redesigning is the denial of the Ministry of Finance, Budget and National Planning that they are not aware of the planned exercise. The Minister, Zainab Ahmed, who commented on the policy in response to questions raised by senators during the 2023 budget defence session she had with the Senate Committee on Finance, chaired by Senator Solomon Olamilekan, dissociated herself from the Naira redesign policy.
The Minister went ahead to warn the CBN of consequences that may arise from the policy just as the Senate intoned that barely two days after the announcement of the policy by the CBN, the negative effect was already being experienced in the country’s forex. The Senate noted that just bare 48 hours later, the value of the Naira to a US dollar has risen from N740 to N788 due to rush in exchange of stashed Naira Notes for foreign currencies, particularly the dollar.

In their argument, the senators were of the opinion that the policy, a well-conceived one, but has timing deficiency, going by the realities on ground. They feared that the naira may fall to as low as N1,000 to a US dollar before January 31, 2023 fixed for full implementation of the policy.

Ahmed, who speaks for the Federal Government on monetary matters reiterated that she and her Ministry were not aware of the policy but only heard from the media.

“Distinguished Senators, we were not consulted at the Ministry of Finance by the CBN on the planned naira redesigning and cannot comment on it as regards merits or otherwise.

“However, as a Nigerian privileged to be at the top of Nigeria’s fiscal management, the policy as rolled out at this time portends serious consequences on value of naira to other foreign currencies.

“I will, however, appeal to this committee to invite the CBN governor for required explanations as regards merits of the planned policy and rightness or otherwise of its implementation now,” she said.

Reacting, Emefiele, carpeted the minister, saying that permission was sought and received from the President, and as a result need not consult any other person.

On their part, the Civil Society Legislative Advocacy Centre (CISLAC) said that the Central Bank of Nigeria’s plan to redesign the higher currency notes is not an economic priority for the country, considering the current challenges facing the economy.
The Executive Director of Centre, Auwal Musa, in a statement said that there are more pressing needs that the CBN ought to attend to, to set the economy on the path of revival, adding that concerned reactions from Nigerians was proof that the decision is a misplaced priority on the part of the CBN.
He said, “Firstly, the CBN’s decision to redesign and reissue new 200, 500 and 1000 notes is not an economic priority and barely a solution to addressing Nigeria’s poor monetary policy challenges and growing economic woes.

“Especially at a time when the country is grappling with huge fiscal deficits, a free fall of the naira, soaring inflation rates, multiple forex rates and rising borrowing costs. The reasons for this decision seem no different from those given for the forex demand management strategy which resulted in a non-satisfactory conclusion as the artificially low exchange rate failed to be as reflective of the market as possible to improve supply, but this time it only threatens damning economic consequences for Nigerians.

“The public perception that this decision holds no value proposition for the economy, reiterates the tendency of the CBN to be distracted from fulfilling priority statutory obligations.

“Various comments and responses from concerned Nigerians, show that a large number of Nigerians are worried about the misplacement of priorities of the Apex Bank to make such a decision that comes with possibly huge logistics costs and avoidable dislocations to small businesses, most of whom are in the informal sector.”

He added: “So far, the macro-economic and monetary policies of the CBN has brought untold hardship to the productive and service sectors of our nation’s economy with consequential negative effects on the lives of our citizens. The Apex Bank has floated multiple exchange rate regimes and has been accused of facilitating arbitrage between the parallel and official foreign exchange markets, providing huge financial patronage and extending forex-based favours to allies.

“Nigeria is grappling with the external pressures from the incapacity of the Central Bank of Nigeria to protect foreign exchange reserves from external outflows.

“The Apex Bank needs to do a lot to recover the confidence of the public by addressing its inability to ensure; Blockage of illicit financial flows  and checkmating the use of financial systems to fund terrorism by strengthening oversight of commercial banks used as conduits for corruption,” adding that “Foreign investors rely on authoritative indexes like the Global Terrorism Index and even economic indexes that include an evaluation of security and stability, to inform their investment decisions;

“Intensifying collaborations with relevant anti-corruption agencies to check dubious charges by some commercial banks, who keep shortchanging poor Nigerians whose reducing disposable income is further worsened by growing inflation costs and unemployment;

“Reduction of competition with other agencies by going beyond its purview to drive interventions in sectors without the consent or cooperation of the relevant coordinating ministries. The CBN’s continued and unsolicited support for MSMEs can be more effective by ensuring synergy between the fiscal and the monetary authorities on intervention funds and adopting transparent mechanisms for beneficiaries to access;

“Availability of forex to those who legitimately need it like students studying out of the country and businesses. The artificially low exchange rate has failed to be as reflective of the market as possible and this has affected access to forex for payment of foreign tuition fees, and the importation of systems and raw materials which contribute greatly to the country’s worsening economic situation. There is a huge blow to our foreign direct investment as foreign investors are leaving due to their inability to access forex;

“Sanitization of the CBN recruitment processes, which are non-transparent as they seem to be reserved exclusively for the children, wards and affiliates of politically exposed persons.

“In this desperate period of economic woes for Nigeria, the CBN’s efforts will be better served in pushing robust monetary policies that are in tandem with global best practices, fighting inflation and building a strong financial system in an increasingly uncertain global economy.”

Recall that in 1984 when Buhari was the Head of State, he ordered the redesigning of the naira notes notably One, Five, 10 and 20 to trapped politicians, who were suspected to have hoarded currencies away from bank vaults. A case of deja vu!

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Breaking: FG Secures Release of 100 Pupils of Saint Mary’s School

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By Eric Elezuo

The Federal government has announced the release of 100 pupils of Saint Mary’s School, Papiri, Niger State.

According reports monitored on Channels Television on Sunday, only 100 out of the about 250 pupils in the captivity of the terrorists were released.

Details soon…

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Atiku Abubakar @79: Celebrating a True Statesman + Dele Momodu’s Inspiring Tribute

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By Eric Elezuo

The rich cultural border town of Jada in Adamawa State, Nigeria, came briskly alive during the week, when trusted colleagues and associates, party bigwigs and immediate family members, trooped in to honour a man, whose legacies of political sagacity and entrepreneurial wizardry have become a reference point, Alhaji Atiku Abubakar, a former Vice President of the Federal Republic of Nigeria, as he celebrates his 79th birthday.

With fanfare, razzmatazz and deep-rooted joy, the about-to-become-octogenarian hosted a week-long soiree rooted in legit discourse, high profile networking and philanthropy for all and sundry.

Known for his near-impeccable public service image, Atiku is revered as the Midas of our time, converting almost nothing to something of immense value.

A former Speaker of the House of Representatives, Hon Yakubu Dogara, once described the invincibility of the Wazirin Adamawa as follows:

1. Give him pure water and he’ll turn it into Farro water
2. Show him a Primary school and he’ll turn it into a world class univeristy
3. Show him a jetty and he’ll turn it into a world class port
4. Give him a bull and a heifer and just few years and he ll give you a herd
5. Give him a bag of chaff and he’ll mill it into animal feed
6. Give him a bottle of bala blue and he’ll turn the cream to farro juice
7. Give him a home and he’ll bring Nigeria into it as family members
8. Make him walk into an environment where there is contention and fight and see how they fade into peace.

From the Nnamdi Azikiwe International Airport to the Yola Airport in Adamawa State, heartfelt accolades from supporters trailed every movement of the vice president, who absorbed all with equanimity, acknowledging greetings with finesse and humility, stopping at regular intervals for a deep hug and claspy handshake that says more friendship and camaraderie.

The grand finale of the activities was held at the Atiku Family Event Hall in Jada with a well-attended Commemoration Lecture that drew dignitaries and admirers including political associates, mentees, members of the diplomatic corps and many others from far and wide. Though it was meant to be an in-house celebration, it drew together distinct policy makers and more.

From one distinguished speaker to another, soul striking lectures and goodwill messages were delivered including tributes aimed at extolling the stateman-like qualities of His Excellency.

It is instructive to note that Atiku, as he is easily recognized, is not just another politician; he is exceptionally versatile as a detribalised, prolific entrepreneur and a practitioner of politics without bitterness. It is not a wonder therefore that he has excelled in politics, public service, and entrepreneurship, most especially.

It was in the notes of the one of the keynote speakers, Chief Dele Momodu, that the underlying greatness, humane qualities and more of Atiku Abubakar were laid bare before public scrutiny.

Momodu, in a lecture he titled Alhaji Atiku Abubakar: The Consumate Democrat, took the audience down memory lane as he highlighted the uncommon humility the Waziri Adamawa demonstrated when he stepped down for MKO Abiola in 1993.

The details of Chief Momodu’s speech are as follows:

ALHAJI ATIKU ABUBAKAR: THE CONSUMMATE DEMOCRAT

It gives me great pleasure, and I consider it a privilege, to have been invited to speak about one of the greatest Nigerians alive today. There’s no way I would have turned down this request.

Just last week, I was invited to a roundtable meeting at the British House of Lords in London, also at the behest of Alhaji ATIKU ABUBAKAR. I wish to offer my sincere gratitude to ALHAJI for his confidence in me and his demonstration of love for me at all times.

My earliest recollection of Alhaji was wayback in 1993, in the beautiful city of Jos, where three political gladiators, Alhaji Babagana Kingibe, Alhaji Atiku Abubakar, and Chief Moshood Abiola had locked horns in a world heavyweight bout to decide who picks the Presidential ticket of the Social Democratic Party. I was barely 32/33 at that time but I was politically savvy and heavily inspired and motivated by my adopted father, Chief Moshood Abiola.

The SDP primary of that year remains unprecedented till this day. I will not bore you with details of the Convention that brought these juggernauts into a three horse race, which only one of them can, and must win. But there was a logjam and the only way a winner could have emerged was for one of them to step down and quit the race. This was a tough decision for all of them.

Alhaji Babagana Kingibe enjoyed the avuncular support of most of the SDP Governors. Alhaji Atiku had access to the extensive networks of his mentor Major General Shehu Musa Yar’Adua. The Abiola team calculated well and smartly by reaching out to the godfather pronto. The incredible then happened. Without much ado, Alhaji stepped down and thus cleared the coast for the eventual victory of my adopted father, Chief Moshood Abiola. Since then, unknown to Alhaji Atiku, I have been his big fan. Alhaji did not throw tantrums or sulk endlessly like a baby. He did not seek to destroy their party. Not that he didn’t have enough reasons to be angry and bitter but he chose the path of uncommon equanimity and submitted himself to the immutable will of Allah at His appointed time.

What could have made matters worse, Alhaji Atiku failed to clinch the runningmate slot, against conventional wisdom of give and take. Again, Alhaji Atiku went back to his drawing board, and about his life peacefully without raining a tirade of insults against distinguished elders who have paid their dues to our country. Even when he had the opportunity to retaliate after the June 12 debacle, Alhaji followed a path of honor by supporting Chief Abiola, unconditionally, and for the revalidation of his mandate. Alhaji Atiku is not your common politician.

As fate would have it, he later contested the Governorship election in his home state and won. But before settling down to his Gubernatorial assignments, he was invited to be the Vice President to President Olusegun Obasanjo. He would soon become the most effective and influential Vice President ever in Nigeria. As the head of the economic team, he was able to attract and work with the best and brightest. The gentleman’s agreement was that he would Vice for the office of the President after one term, but again he was let down. He could have fought tooth and nail against his Boss, President Olusegun OBASANJO but he chose the path of absolute peace and patience. But his boss was unhappy that Alhaji and his friends ever challenged him. President OBASANJO went after them like bullets. And there were collateral damages here and there. Several of my friends in Alhaji’s office at the Presidential villa were summarily sacked.

I must confess that I have never seen a man like Alhaji before. He takes everything in his strides. Most politicians would have brought down the rooftops. His faith in Allah is unshakable. What should have been to his glory eventually became his albatross. But Allah compensated with extraordinary favor as a businessman. While his peers became parasites feeding fat on the State, Alhaji became King Midas and most businesses he touched turned to gold. Though he never abandoned his political dreams, he pursued his ambition with visionary clarity and painstaking discipline. He never engaged in violence. He rather invested unrelentingly in the rule of Law. Whenever he contested and he felt robbed of victory, he headed to the courts of the land. Many of his landmark cases have since enriched our jurisprudence and legal lexicon. He has remained a tireless fighter and defender of the rights of the common man.

It is a tragedy that such a man of sharp intellect and prodigious talents has been endlessly maligned in the name of politics.

It must be noted that many of our political icons had suffered similar persecution in the past. My sad conclusion is that when we refuse to encourage good people, the worst amongst us will continue to thrive.

I make bold to declare my maximum respect for ALHAJI ATIKU ABUBAKAR as a great man of ideas and ideals, a peacemaker, man of God, blessed family man, absolutely detribalised, very cosmopolitan, well educated, versatile, humble in spirit, unpretentious, experienced and exposed. He is without doubt a man of diversity and destiny. May Allah preserve him for the benefit of all us because in the days of tribulations, kids must run to the elders of the house. No one else is better prepared for this role at this auspicious moment.

Please, let’s all rise and give a standing ovation to a leader who has refused to give up on his goals…

Other speekers, who eulogized the celebrant in goodwill messages were former Adamawa Governor Jibrilla Bindow, Senator Ishaku Abbo, Senator Aishatu Dahiru Ahmed Binani, Senator Abdulaziz Nyako and several others.

In his traditional soft-spoken nature, Atiku expressed gratitude to all attendees, with special appreciation to the organizers, and special mention of Prof. Ahmed Shehu (Pullo Jada) for their dedicated efforts to ensure the smooth sailing of the event.

THE MAN ATIKU ABUBAKAR 

Below is brief history of the former Vice President as told by himself –

I was born on the 25th of November 1946 in Jada village, Adamawa State Like many of my generation, my father was opposed to Western education and tried to keep me out of school. When the government discovered this, my father spent a few days in jail. I was then enrolled in Jada primary school.

When I was only 11 years old, my father drowned and died while trying to cross a small river. The task of raising me then fell on my mother. At that age I resolved to work hard, remain focused and be successful in life to make my her proud. In 1960, I was admitted to Adamawa Provincial Secondary School in Yola.

Academically, I did well in English Language and Literature but I struggled with Physics, Chemistry and Mathematics. I spent most holidays working to earn extra money. In 1961, when I was 15 years old, my mother’s elder brother sold the family house in Jada without her knowledge and rendered us homeless. I spent that holiday working and from my earnings, I bought a house for my mother in Ganye. I became an orphan when my mother suffered a heart attack and died in 1984.

Post Secondary School

I graduated from secondary school in 1965. After that, I studied at the Nigeria Police College in Kaduna for a short while. I left when I was unable to present an O-Level Mathematics result. I worked briefly as a Tax Officer in the regional Ministry of Finance, from where I gained admission to the School of Hygiene in Kano in 1966.
I graduated with a Diploma in 1967, having served as Interim Student Union President at the School. In 1967 I enrolled for a Law Diploma at the Ahmadu Bello University Institute of Administration, on a scholarship from regional government. After graduation in 1969, I was employed by the Nigerian Customs Service.

Family

I met nineteen year old Titilayo Albert when I was serving at Idiroko, Lagos, and in December 1971 I married her secretly, because her family was initially opposed to the union. On 26 October 1972, Titi delivered a baby girl and we named her Fatima. Titi later gave birth to Adamu, Halima and Aminu.

In January 1979 I married Ladi Yakubu as my second wife. I wanted to expand the Abubakar family. I had no siblings and I felt extremely lonely as a child. I did not want my children to feel that way.

This is why I married more than one wife. My wives are my sisters, my friends, and my advisers and they complement one another. Ladi gave birth to Abba, Atiku, Zainab, Ummi-Hauwa, Maryam and Rukayatu.

In 1983 the late Lamido of Adamawa who had become like my father made me the Turaki of Adamawa. This position was usually reserved for one of the Emir’s favorite sons and was rarely given to non-royals like me. To ensure that I met the ‘blood tie’ requirement for the title, the Lamido gave me one of his daughters, Princess Rukaiyat, to marry.

She gave birth to Aisha, Hadiza, Aliyu, Asmau, Mustafa, Laila and Abdulsalam. I married Fatima Shettima in 1986. She gave birth to Amina (Meena), Mohammed and two sets of twins Ahmed and Shehu, Zainab and Aisha and then Hafsat. Jennifer Jamila Atiku-Abubakar is my last wife. She gave birth to Abdulmalik, Zara and my youngest child, Faisal.

Customs

My Customs career commenced on 30 June 1969. My first posting was at Idi-Iroko, a border town between Nigeria and Benin Republic. My other assignments included the Lagos Airport, Apapa Ports (1974), Ibadan Customs Command (1975), Kano Command (1976), Maiduguri (Area Comptroller, 1977), Kaduna (1980) and the Apapa Ports in 1982.

In April 1984, when I was the Murtala Muhammed Airport Area Administrator, my name was associated with a scandal that made headlines. As part of efforts to cripple corrupt politicians who had stashes of stolen cash in their possession, the new military government had phased out the old naira currency and replaced it with new ones. Orders had been given to ensure that all luggage entering the country was properly screened to prevent smuggling of the old notes. The Emir of Gwangu and Ambassador Dahiru Waziri had arrived from Saudi Arabia with many suitcases. As is customary, the suitcases were supposed to pass through Custom officers for check but the Emir’s son, who was a Major in the Army and also ADC to Head of State Gen Buhari drove straight to the Tarmac with soldiers, off-loaded the suitcases there, picked up his father and the Ambassador and drove away. The soldiers had threatened to shoot the Custom officers who had protested and tried to stop them. My officers reported in writing to me and I in turn reported the incidence to my boss, the Director of Customs. A few days later, one of the officers leaked the story to Guardian Newspapers and their correspondent called me to confirm if it was true. I did.

Soon after, Newspaper Headlines read, “Passenger with 53 suitcases leaves airport unchecked”. This scandal embarrassed the government and they tried to make me deny it happened. I refused and they threatened to throw me out of service. The Minister of Finance then, Soleye, who oversaw the Customs Service played a big role in ensuring I wasn’t dismissed. He had said it would be unfair to punish me for being honest and standing by my officers.

In 1987 I was promoted to Deputy Director of Customs and Excise in charge of Enforcement and Drugs. In April 1989, when I was 43, I voluntarily retired from Customs after 20 years of meritorious service.

Business

I’ve always had a good nose for business. In my early years as a Customs officer, I received a 31,000 naira Housing Loan, built a bungalow in Yola, and rented it out. With the rent I collected in advance, I bought a second plot and built another house. I continued building new houses with rent from completed ones and after a few years I had built 8 houses in choice areas in Yola. When I was transferred to Kaduna, I continued this process and in a few years I had 5 houses there.

In 1981, I moved into agriculture. I became the largest maize farmer in the whole of Gongola state. Unfortunately, due to Government policies that increased the cost of production, the business fell on hard times and closed in 1986.

The most successful business I ever ventured into was with Gabrielle Volpi, an Italian businessman. He intimated me about how profitable Oil and Gas Logistics business could be and, trusting his abilities, I partnered with him to form NICOTES which started operating from a container office at Apapa ports.

When the business began to grow, we relocated to Onne, Rivers State. The company, now known as INTELS (Integrated and Logistics Services) is a multi-billion naira company that has a staff of over 15,000 people and pays huge dividends to its shareholders. My other businesses include agriculture, feed making, plastics, printing, TV/radio media, and beverages.

Politics

I met Shehu Musa Yar’Adua towards the end of my Customs career. He invited me to the political meetings that were happening regularly in his Lagos home; and that was how my foray into politics began.

In 1989 the political meetings became Peoples Front of Nigeria and I was elected as the National Vice- Chairman.

We wish the Wazirin Adamawa a happy birthday, and many fruitful years ahead!

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Season of Compensations: Tinubu Submits 32 Ambassadorial Nominees to Senate

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President Bola Ahmed Tinubu has sent the names of 32 ambassadorial nominees to the Senate for confirmation, days after he sent the first batch of three names.

Bayo Onanuga, media aide to President Tinubu made this known in a statement on Saturday.

According to the statement, President Tinubu, in two separate letters to the President of the Senate, Godswill Akpabio asked the Senate to consider and confirm expeditiously 15 nominees as career ambassadors and 17 nominees as non-career ambassadors.

Onanuga stated that there are four women on the career ambassadors’ list and six women on the non-career ambassadors’ list.

The statement reads, “Among the non-career ambassador designates are Barrister Ogbonnaya Kalu from Abia, a former presidential aide, Reno Omokri (Delta), former chairman of the Independent National Electoral Commission (INEC), Mahmud Yakubu, former Ekiti first lady, Erelu Angela Adebayo, and former Enugu governor, Ifeanyi Ugwuanyi.

“Others are Tasiu Musa Maigari, the former speaker of the Katsina House of Assembly, Yakubu N. Gambo, a former Commissioner in Plateau State and former deputy executive secretary of the Universal Basic Education Commission (UBEC).

“Professor Nora Ladi Daduut, a former senator from Plateau; Otunba Femi Pedro, a former deputy governor of Lagos State; Chief Femi Fani-Kayode, a former aviation minister from Osun State; and Barrister Nkechi Linda Ufochukwu from Anambra State are on the nomination list.

“Also on the list are former First Lady of Oyo, Fatima Florence Ajimobi, former Lagos Commissioner, Lola Akande, former Adamawa Senator, Grace Bent, former governor of Abia, Victor Okezie Ikpeazu, Senator Jimoh Ibrahim, businessman, lawyer and Senator from Ondo State, and the former ambassador of Nigeria to the Holy See, Ambassador Paul Oga Adikwu from Benue State.

“Among the nominees for career ambassador and high commissioner-designates are: Enebechi Monica Okwuchukwu (Abia), Yakubu Nyaku Danladi (Taraba), Miamuna Ibrahim Besto (Adamawa), Musa Musa Abubakar (Kebbi), Syndoph Paebi Endoni (Bayelsa), Chima Geoffrey Lioma David (Ebonyi) and Mopelola Adeola-Ibrahim (Ogun).

“The other nominees are Abimbola Samuel Reuben (Ondo), Yvonne Ehinosen Odumah (Edo), Hamza Mohammed Salau (Niger), Ambassador Shehu Barde (Katsina), Ambassador Ahmed Mohammed Monguno (Borno), Ambassador Muhammad Saidu Dahiru (Kaduna), Ambassador Olatunji Ahmed Sulu Gambari (Kawara) and Ambassador Wahab Adekola Akande (Osun).

“The new nominees are expected to be posted to countries with which Nigeria maintains excellent and strategic bilateral relations, such as China, India, South Korea, Canada, Mexico, the United Arab Emirates, Qatar, South Africa, Kenya, and to Permanent Missions such as the United Nations, UNESCO, and the African Union. All the nominees will know their diplomatic assignments after their confirmation by the Senate.

“Last week, President Tinubu sent three ambassadorial nominees for screening and confirmation. The nominees were Ambassador Ayodele Oke (Oyo), Ambassador Amin Mohammed Dalhatu (Jigawa), and Retired Colonel Lateef Kayode Are (Ogun). All three are in the pot for posting to the UK, USA, or France after their confirmation.

“President Bola Ahmed Tinubu said more nominees for ambassadorial positions will be announced soon.”

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