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EndBadGovernance: Tinubu’s children, grand children motivated release of minors – AGF

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The Attorney General of the Federation, AGF, Lateef Fagbemi, has disclosed why President Bola Tinubu ordered the release of the 32 minors arraigned.

Fagbemi said Tinubu ordered that the charges against the minors be dropped because he has children and grand children.

Addressing journalists in Abuja, the AGF said there were suggestions that the minors be tried in a family court.

He maintained that no Nigerian law prevents the trial of minors.

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Recall that the Nigerian government had arraigned 72 protesters for engaging in the nationwide EndBadGovernance protest.

Out of the 72 protesters, 32 were minors and they were arraigned before an Abuja Federal High Court on charges of treason.

But the Nigerian government had withdrawn the charges against the minors following an outcry by Nigerians.

Fagbemi said: “No law in this country says a minor cannot be tried, and I have also heard suggestions that they should go to a family court.

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“But the President said, despite all this, ‘I have children, grandchildren,’ and that motivated his passion to release them.”

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Dantsoho makes history, elected first Nigerian Chairman of PMAWCA

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*Oyetola describes feat as a testament to acceptance of FG reforms

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has become the first Nigerian to be elected Chairman of the Port Management Association of West and Central Africa (PMAWCA).

The recognition came during the closing ceremony of the 44th annual council and 19th roundtable of Directors General of PMAWCA in Conakry-Guinea.

In his acceptance speech, Dantsoho said the recognition represented a significant milestone in the continuing march of West and Central Africa Maritime states towards global competitiveness and delivery of world-class services.

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He added that the Nigerian government’s commitment to a revolutionary turnaround of Nigeria’s maritime industry, had been characterised by reforms in critical segments of the industry, including port rehabilitation and modernisation, infrastructure, digitisation and automation.

These measures, he added, would undoubtedly boost operational efficiency as well as revenue generation, while augmenting the federal government’s efforts to diversify the economy by boosting non-oil exports.

According to him, “It is with great honour and privilege that I stand before my friends from the countries of West and Central Africa today to accept the mantle of leadership of our great association, PMAWCA and to serve as its chairman.

From left, outgoing PMWACA Chairman and Managing Director Gabon Ports Authority Mr Martin Boguikoma handing over staff of office to to the New PMAWCA Chairman Dr Abubakar Dantsoho MD NPA while the Secretary General of PMWACA Mr Jean Marie koffi looks on

“I would like to take this occasion to affirm Nigeria’s will and determination clearly demonstrated by the Hon Minister of Marine & Blue Economy Alhaji Adegboyega Oyetola in line with the Renewed Hope Agenda of President Ahmed Bola Tinubu to sustain the momentum established by my predecessor Mr Martin Boguikuoma, Managing Director of Gabon Ports Authority and to continue to put all efforts needed in order to further consolidate the economic cohesion of the region and to actualize the interests of member ports.”

While calling for collaboration among member states, he said it was only through robust commitment and collaboration that mandates could be achieved.

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“Therefore, I will be seeking your usual cooperation and advice in helping to ensure that we continue to develop the maritime sector in our various countries and the West and Central African sub-region in general.

“Recalling our deliberations at the Board of Directors meeting, the need to relocate the PMAWCA headquarters to a more visible and befitting place in lagos Nigeria, the training needs of the Association and the PCS is dear to my heart and will do my very best in this direction to achieve these goals,” he said.

In a statement to congratulate Dantsoho, the Minister of Marine and Blue Economy, Adegboyega Oyetola, said Dantsoho’s election was a testament to the fact that the effort to turn around the port economy in Nigeria was being recognised by global stakeholders.

Oyetola said the recognition would further fuel Nigeria’s effort to reclaim its maritime global relevance under President Bola Tinubu’s renewed hope agenda.

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He said the political will of the President to create the Ministry of Marine and Blue Economy was a monumental step towards harnessing the vast untapped potential of Nigeria’s maritime sector.

According to him, “I congratulate Dantsoho on his election; it is a responsibility that I am sure he can deliver on. His election has proven the renewed hope agenda of Mr President to turn around the port economy by creating the Marine and Blue Economy was a step in the right direction.

“President Bola Ahmed Tinubu to create the Ministry is a monumental step towards harnessing the vast untapped potentials of Nigeria’s maritime sector. This decision is not only a demonstration of the President’s deep understanding of the economic possibilities of the sector, but also a clear indication of his political will to ensure that Nigeria reclaims its rightful place as a key maritime player globally.

“The maritime industry has the potential to transform Nigeria’s economy, create jobs, and improve livelihoods. With our rich coastline and strategic location, the country is well positioned to become a key hub for maritime activities in Africa. The creation of this Ministry therefore reflects the government’s commitment to building a future where the blue economy plays a major role in national prosperity.”

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Lagos Youths Condemn Attacks on Seyi Tinubu By Faceless Groups

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By Gloria Ikibah
A group under the auspices of Coalition of Lagos Indigenous Youth (CLYI), has disassociated itself from recent media publications aimed at discrediting Mr. Seyi Tinubu, the son of President Bola Tinubu.
Coordinator of the group, Hon. Tunde Azeez in a strongly-worded statement issued on Tuesday, described the allegations as baseless and perpetrated by faceless individuals seeking to tarnish Mr. Tinubu’s reputation.
The coalition clarified that the controversial post circulating on social media, purportedly made by its members, is fraudulent.
“We wish to categorically state that the earlier post did not originate from the members or executives of the Coalition of Lagos Indigenous Youth,” Azeez asserted.
Describing Mr. Tinubu as a “proud and industrious son of Lagos,” the coalition pledged unwavering support for him, and noted his significant contributions to youth empowerment and development in Lagos.
The group further expressed its readiness to support Mr. Tinubu should he decide to declare interest in the governorship of Lagos State, although they clarified that he has not engaged in political discussions with any group or individual regarding such aspirations.
“Seyi Tinubu is one of us, Lagos is home and will remain home for him, not just as an indigene but also as a critical player dedicated to helping young people.” ,” the statement emphasized.
The group further directed a stern warning to the faceless individuals behind the defamatory campaign, particularly one Ibrahim Whyte, whom they accused of impersonating the coalition.
“We strongly caution Ibrahim Whyte and his cohorts to desist from blackmailing Mr. Seyi Tinubu while falsely impersonating our group,” it added.
The coalition vowed to explore legal options to protect its integrity and that of Mr. Tinubu, should the defamation persist.
CYLI, concluded by urging Lagosians to disregard the misleading narratives and focus on fostering unity and development in the state.
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House Approves President Tinubu’s N1.767trn Loan Request

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By Gloria Ikibah
The House of Representatives has granted approval for the implementation of the new external borrowing of N1,767, 610, 321, 779.00 (USD 2.209B).
The approval was sequel to the adoption of the recommendations of the House Committee on Aids, Loans and Debt Management Chaired by Rep. Abubakar Nalaraba, and presented at the Committee of the Whole on Thursday.
Presenting the report, the Committee Chairman, Rep. Nalaraba said the committee met and made the following recommendations, which he entreated the House to approve.
He said: “Approve the implementation of the New External Borrowing of one trillion, seven hundred and sixty seven billion, six hundred and ten million, three hundred twenty-one thousand, seven hundred and seventy-nine Naira (₦1,767, 610,321,779.00) (equivalent of USD2, 209, 512, 902. 22b) at the Budget
Exchange rate of USD1.00/800 in the 2024 Appropriation Act and that the amount should be raised from one or more sources. Namely; issuance of Eurobonds in the ICM, Issuance of debut sovereign Sukuk in the ICM, Bridge/syndicated loans, subject to market conditions;
“That based on availability and cost, to issue Eurobonds in the sum of USD1.70 billion or more, but not more than USD2,209,512,902,.22b, approved as New External Borrowing in the 2024 Act;
“Given the significant increase in the official exchange rate from USD1.00/₦800 to approximately ₦1,640, it is recommended that the exchange rate excess resulting from this adjustment be exclusively utilised for implementation of capital projects in 2024, to ensure that additional funds are
directed to impactful infrastructure & developmental projects that will contribute to the Nation’s long term growth and stability;
“Approve the Promissory Note Programme and Bond Issuance to settle outstanding claims and liabilities of the federal government. This approval prioritizes the issuance of Promissory Notes to address outstanding reimbursement debts owed to States, high-priority judgment debts, and other liabilities incurred by Federal Ministries, Departments, and Agencies. This measure is critical to preventing additional interest costs, mitigating further increases in the Federal Government’s debt profile, and reducing the debt-to-GDP ratio;
“That the Hon. Minister of Finance and Coordinating Minister of the Economy, working with the Debt Management Office are authorised to take all necessary actions required to give effect to this.”
The lawmakers unanimously adopted and passed the recommendations.
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