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Tinubu’s special investigator, Jim Obazee requests over N2bn from CBN governor as apex bank officials raise

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A letter addressed to the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, by the Chairman of the Special Investigative Committee, Jim Obazee, requesting N2 billion for various assignments has been exclusively obtained by SaharaReporters.

In the letter dated December 22, 2023, Obazee requested funds for surveillance, vetting, security, addressing black spots, monitoring hotels, and acquiring vehicles.

President Bola Tinubu appointed Obazee, a former chief executive officer of the Financial Reporting Council of Nigeria, in July 2023 as the special investigator to investigate the Central Bank of Nigeria (CBN) and related entities.

Obazee, who was fired by President Muhammadu Buhari in 2017, investigated the CBN under the tenure of Sanusi Lamido Sanusi.

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His investigation uncovered massive corruption in Nigeria’s apex bank and his recommendation led to former President Goodluck Jonathan’s suspension of Sanusi in February 2014.

Obazee reports directly to the President.

In his appointment letter dated July 28, 2023, President Tinubu said Obazee would also work on a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments.

Part of his job schedule is to strengthen key Government Business Entities (GBEs), block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments.

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Meanwhile, Obazee’s letter to the CBN governor, Olayemi Cardoso, reads in part: ”Please refer to our meeting with Mr President (with the Attorney General of the Federation and Honourable Minister of Justice in attendance) on 20th December 2023 wherein Mr President directed that I forward my invoice, so far, to you on the ongoing investigation that I am leading.”

Obazee asked for N750,000,000 for ”information sourcing, facts finding, synthesis and vetting.”

The Special Investigator asked for N800,000,000 for ”surveillance, black sites, private security and prying eyes.”

For ”logistics, outstation and team funding,” Obazee demanded N550,000,000.

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He also demanded N35,000,000 for ”consumables, etc”. The total amount of money requested by the Special Investigator was N2,135,000,000, which was to be paid into a Premium Trust account number – 0010080287.

Concerned CBN officials shared a copy of the letter with SaharaReporters and questioned the rationale behind the request when the apex bank had already provided for such activities.

One official said, ”The duplication of efforts raises concerns about potential redundancy and misallocation of resources.”

He added, ”Moreover, there is uncertainty regarding Jim Obazee’s authority to conduct surveillance and investigations, particularly if he needs the credentials of a spy or professional investigator.

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”The lack of clarity on the approval process for these tasks and fund allocation is already causing confusion, raising questions about who authorized these activities and why.

”Transparency is urgently needed regarding the transactions being vetted and the beneficiaries being monitored.

”Without clear explanations, suspicions will arise about the potential misuse of information and the possibility of the Obazee-led committee employing blackmail tactics.”

Another official accused the Obazee-led committee of being indicted for tapping the telephone conversations of highly placed Nigerians. Hence, the source noted that the apex bank is careful in dealing with the panel.

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”The unauthorized tapping of telephone conversations of high-ranking officials, including the Attorney General of the Federation and the Inspector General of Police is known to us, and it raises serious legal and ethical questions about privacy rights and abuse of power.

”We are also aware that some CBN staff members are providing information to Obazee on every transaction of current governments and governors that he is using as a blackmailing tool.

”We want the committee to explain the rationale behind the request and clarify the processes involved in approving such allocations.

”Additionally, the CBN is keen to ensure that any fund disbursements are under presidential orders and have received proper board approval.

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”It is also essential to ensure that the allocated amount is within the approved budget and that funds are used appropriately and accountably.”

SaharaReporters further gathered that there are concerns about the storage of investigation documents in Obazee’s Lagos home.

A member of the panel said, ”As I speak to you, there is vital national information and top secrets in Obazee’s home.

”This could trigger potential breaches of national security and confidentiality.”

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Shettima becomes 1st VP to lead Nigeria’s delegation to UN Assembly in 25 yrs

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President Bola Ahmed Tinubu has decided not to attend the 79th United Nations General Assembly (UNGA) session in New York this year.

The president has thus directed Vice President Kashim Shettima to lead Nigeria’s delegation.

President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, according to a statement yesterday by his spokesman, Bayo Onanuga, wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding.

“At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.”

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“The high-level General Debate, with the theme ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations,’ will run from Tuesday, September 24, through Saturday, September 28, 2024,” the statement added.

Since return to democratic governance in 199, Shettima will be the first Vice President to Nigeria’s delegation to UNGA.

Only Goodluck Jonathan represented Nigeria as Acting president in September 2010 at the 65th UNGA, while late President Umaru Musa Yar’adua was away in Saudi Arabia due to his ill health.

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Plateau Assembly approves N5.8bn for LG election

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The Plateau State House of Assembly, on Thursday, approved N5.8bn for the conduct of the local government election in the state slated for October 9, 2024.

The approval by the House followed a communication from Governor Caleb Mutfwang, which was read at plenary by the Assembly Speaker, Gabriel Dewan.

The Speaker stated that the request was necessary as there was no budgetary allocation for the LG elections in the 2024 budget.

A member of the State Assembly, who declined to be named because he was not authorised to speak for the Assembly, confirmed the development to The PUNCH in Jos on Thursday.

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The lawmaker said, “Governor Mutfwang, at Tuesday’s plenary, sought the House’s approval for N5.7bn as the 2024 supplementary, which was increased after upward review by the legislators.”

He continued, “The House leader, Joseph Bukar, presented the bill during our plenary. While soliciting the support of members for speedy passage, he said PLASIEC was running out of time in preparation for the election.”

“In their individual contributions, Hon. Kalamu Dal suggested a downward review of the budget size, while Hon. Daniel Nanbol urged for a critical review and deliberations. Afterwards, members approved a revised sum of N5.8bn, as opposed to the N5.7bn requested.”

The increase, as explained by Bukar, was due to an increase in security allocation for the election, from N2.7m to N4.2m. “So, that is what happened, and that is where we are at the moment regarding the forthcoming LG election,” the lawmaker concluded.

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Enugu, Kwara tighten security ahead of LG polls

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Security measures have been intensified in Enugu and Kwara states ahead of their Local Government elections scheduled for Saturday, September 21, 2024.

In Enugu State, the Police Command has pledged to ensure the safety of lives and properties during the elections.

However, the peace accord signing for the elections was marred by the absence of major parties like the Peoples Democratic Party, All Progressives Congress, and Labour Party.

Only representatives from the All Progressives Grand Alliance and Accord attended but chose not to sign the accord, citing the lack of participation from the leading parties.

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Enugu State Commissioner of Police, Kanayo Uzuegbu, said all wards and flashpoints had been identified, and security personnel would be on high alert to prevent any disruptions.

The Chairman of the Enugu State Independent Electoral Commission, Prof. Chris Ngwu, said the commission was fully prepared for the elections with the support of the state government in procuring necessary materials.

In Kwara State, security agencies have been actively coordinating to ensure a smooth electoral process.

Over 3,000 personnel from the Nigeria Security and Civil Defence Corps have been deployed across the state.

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The Kwara State Independent Electoral Commission has completed arrangements for a trouble-free election.

Kwara State Police Public Relations Officer, Toun Ejire-Adeyemi, reported that a strategic meeting with heads of various security agencies, including the Nigerian Army, Navy, Air Force, and others, had been held to ensure coordinated efforts for maintaining law and order.

The Commissioner of Police, Victor Olaiya, guaranteed maximum security for the election period.

The NSCDC Commandant, Dr. Umar Mohammed, announced the deployment of 3,000 personnel to various polling units and emphasised their role in preventing violence, ballot snatching, and other disruptions.

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Meanwhile, the Chairman of the Benue State Independent Electoral Commission, Telumun Tombowua, announced on Thursday that eight political parties will participate in the upcoming LG elections in the state, scheduled for October 5, 2024.

Addressing journalists in Makurdi, Tombowua said the election would be conducted fairly and transparently.

He emphasised that the law establishing the BSIEC does not permit the use of Bimodal Voter Accreditation Machines for this election.

Regarding the APC, Tombowua confirmed that the National Working Committee of the party had requested the commission to work with the seven-man caretaker committee appointed to oversee party affairs in the state.

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He noted that while 14 parties had initially shown interest, only eight completed the necessary processes and submitted their candidates.

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