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Hardship: Benue ex Commissioner, Olofu launches N50m education fund for Idoma students (Photos)

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Former Commissioner for Finance in Benue State, Dr. David Olofu, has launched a N50m Education Support Fund, to carter for the hardship being faced by Idoma students in tertiary institutions across the 9 Local Government Areas of Benue South.

Olofu, who was the Chairman of the Forum of Commissioners for Finance in Nigeria, and current Senior Technical Advisor to the Nigerian Governors’ Forum, said the initiative was to support the President Bola Ahmed Tinubu led administration’s resolve to provide succours to the students.

Olofu was initially nominated by the Idoma Area Traditional Council for a chieftaincy title in Otukpo, but barely 48 hours to the event, he was allegedly delisted, on the order of the Governor Hycient Alia. No official statement from the Governor’s media team yet.

But Olofu, at a press conference in Otukpo, Benue State on Friday, said he had put that behind him, saying, he would rather use the funds raised for the reception of the event, to put smiles on the faces of Idoma students.

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“As you are aware, in the last couple of days, I was scheduled to be conferred with the chieftaincy title by the revered Idoma Area Traditional Council.

“And when I got the notification from his Royal Majesty, the Och’Idoma, I informed all my friends and associates, my political party and also constituted the central planning committee to make sure that we have a successful confirmation ceremony.

“Less than 48 hours to the event, I got notification that, that will no longer be the case. In the meantime, my friends, colleagues and associates had supported me to make sure that this event was held hedge free.

“I have to some extent, utilized the support that was provided, but I did not exhaust what was provided and I felt that, given that, that provision had been made by them, I reached out to them and we came to a conclusion that I should apply the balance of what has been contributed to support my people in any way possible, and in consultation with my constituency and my leaders across party lines.

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“Let me also mention that, this contribution that I have mentioned came in from all over the federation, across party lines. Both people who are in PDP, APC, APGA and Labour, contributed to this event to identify with the honor that was going to be bestowed on me by His Royal Majesty, the Och’idoma.

“You may recall, I served as the chairman of the Forum of Commissioners of Finance of Nigeria, and currently serving as Senior Technical Advisor to Nigerian Governors’ Forum.

“So, the support came across board and from all over the federation. And after consultation with my leaders, we decided that we apply what is left from the support that I have received to support Idoma students in higher institutions, by way of what I refer to as Education Support Fund.

“So today, by the grace of God, we are using what has been contributed by my colleagues, friends and associates, to set up an Education Support Fund, under the umbrella of Apa Legacy Sustainability Initiative.

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“And we have a window of about 50 million, with an initial inflow of about 20 million and a projection of 10 million per year, to reach out to all the students that will qualify for this intervention”, Olofu said.

He recounted how he resorted to serving as a waiter in restaurants during his days at the University of Agriculture, Makurdi, just to meet up with his education funding; adding that, he fought the temptations to quit schooling and saw himself to the graduation.

In naming the Board of Trustees of the Education Support Fund, Olofu said, “We consulted widely and we came to a conclusion that our brother, our leader and our son, who is currently serving as a senior lecturer at the Federal University Wukari; our own brother, Professor David Salifu, a former SSG to serve as the chairman of the Board of Trustees that will administer this fund.

“Let me emphasize that, this fund will devoid of political affiliations and to work with him in that team, we have also recognized that we bring on board the National Association of Idoma Students (NAIS).

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“We also recognized the need to have a representative of the Idoma Area Traditional Council and also a representative of civil society on that team and to provide secretarial services, we have also nominated Honourable Owoicho Oyi, the former chairman of Apa Local Government, to serve in that capacity”.

The Board chairman, Prof. Salifu in his acceptance message, described the project as laudable and enjoined other Idoma sons and daughters to emulate the initiator of the project, Dr. Olofu.

“I accept my appointment to chair the Board of the Education Support Fund initiated by my younger brother, the immediate past Benue Finance Commissioner, Dr. David Olofu. I am totally committed to the goal of the Foundation and I call us to make ourselves available as the blocks to building this initiative to its logical conclusion”.

The President of NAIS, Comrade Vincent Odebugu expressed his gratitude to Dr. Olofu, for his charity towards the Idoma students, despite the situation of things.

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He said, “I stand here today in appreciation and in commendation to Hon. David Olofu, for this charitable act towards the Idoma nation, of a truth, you have experienced what it takes to pass through the four walls of the university, having a track record of facing challenges while on campus. These are the challenges we leaders of the association are facing and we are handicapped by not being able to render solutions.”

In their separate remarks, a Chieftain of the People’s Democratic Party (PDP), Hon. Chris Adaba Abba, and Comrade Joe Ochogwu, National President of NAIS in 1995, lauded the gesture of Dr. Olofu, urging other Idoma leaders to emulate him.

The duo acknowledged that, others would have retired home and be murmuring about the delisting, saying, anything done to support Nigerian students at this critical time, is godly and of great virtue.

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Brotherhood crisis turns violent as worshippers reject Olumba’s successor

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The prolonged succession crisis in a Nigerian Christian religious sect, the Brotherhood of the Cross and Star, has festered on since its founder, Olumba Obu, passed away.

The crisis turned violent recently as angry worshippers in a particular branch in Uyo, Akwa Ibom State, became riotous, destroying the portrait of Olumba’s first son, Rowland, who leads a faction of the sect.

Olumba’s daughter, Ibum, leads another faction.

A video, which is being circulated on WhatsApp groups and Facebook, captured a man in a white cassock yanking off Rowland’s portrait from the wall and smashing it on the floor amid cheers from worshippers.

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Rowland’s portrait was hung near Olumba’s, but the angry worshippers did not attack the latter.

“Bring it down!” a woman’s voice could be heard shouting in the background of the video as the man in a white cassock smashed the glass frame on the ground.

“This is who we are worshipping,” a man’s voice could be heard shouting repeatedly as the camera panned and then focused on Olumba’s portrait on the wall.

It is not clear when the incident happened.

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Amah Williams, the sect’s spokesperson, said the incident happened in Uyo at the sect’s Nsikak Edouk Avenue branch.

Rowland and Ibum, with hundreds of their followers, are claiming the leadership of the 68-year-old sect after their father’s passing, causing a disastrous split in a once united and strong organisation headquartered in the Biakpan community in Cross River State, Nigeria’s South-south.

‘They are rebels’

Mr Williams, the sect’s spokesperson, told reporters on Saturday in Uyo that those responsible for the incident belong to a breakaway faction called Brotherhood of the Cross and Star New Kingdom Ministry.

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He described them as rebels who do not want to accept Rowland’s leadership – he did not call Rowland by name as Olumba’s successor is revered among worshippers as “King of Kings and Lord of Lords, His Holiness Olumba Olumba Obu”.

“They are rebels. They rebelled; they rejected the rulership of the Kingdom of Christ,” Mr Williams told reporters.

“The holy image of our father is what we hold sacred,” he said, apparently referring to the destruction of Rowland’s portrait.

A reporter asked the spokesperson what place Jesus Christ occupies in the Brother of the Cross and Star.

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“That same (Jesus) Christ is the one that came with the new name Olumba Olumba Obu,” responded.

“If Olumba were to be a white man, black men would have gone to worship on his feet.”

The over 1 million global members of the Brotherhood of the Cross and Star do not see themselves as a church but as the new Kingdom of God on Earth. They have also refused to admit that their founder had passed away as the sect has yet to announce his passing or publicly conduct his burial.

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Tinubu’s reforms struggling to deliver meaningful results – IMF

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Eighteen months after the implementation of Nigeria’s ongoing economic reforms, the International Monetary Fund (IMF) has observed that the fiscal policies introduced by the President Bola Tinubu administration are struggling to deliver meaningful results.

Catherine Patillo, IMF Deputy Director, while presenting a report at the Lagos Business School (LBS) on Friday, reported a mixed performance of economic reforms across Sub-Saharan Africa, with notable successes in countries such as Côte d’Ivoire, Ghana and Zambia.

Nigeria was conspicuously absent from the list of success stories in the region.

The report stated that sub-Saharan Africa’s average economic growth rate is projected to remain at 3.6 per cent for 2024. It noted that Nigeria’s growth rate, pegged at 3.19 per cent, falls below this average.

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Patillo said that while macroeconomic imbalances have reduced in several countries, Nigeria has yet to show such progress.

She stated that more than two-thirds of countries have undertaken fiscal consolidation, stressing that while the median primary balance is expected to narrow by 0.7 percentage points alone in 2024, there are notable improvements in Cote d’Ivoire, Ghana, and Zambia, among others.

The report stated, “In contrast, Nigeria’s inflation rate, which slowed briefly in July and August, resumed its upward trend in September, rising further in October.

“At 33.8 per cent, it significantly exceeds the 21 per cent target set for 2024, with analysts predicting further increases in November and December.”

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The report also observed Nigeria’s struggles with exchange rate stability, highlighting it as one of the worst-performing nations in that regard.

According to the report, other countries in the region are experiencing reduced foreign exchange pressures but Nigeria’s local currency depreciation and instability remain a concern.

On debt servicing, the report said Nigeria ranked among countries suffering the heaviest fiscal burden.

The IMF noted that rising debt service obligations are consuming substantial portions of revenue, limiting resources available for development.

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It stated that in Angola, Ghana, Nigeria, and Zambia, the increase in interest payments alone absorbed a massive 15 per cent of total revenue.

The IMF grouped Nigeria among resource-intensive countries struggling with social and political challenges that hinder reform implementation.

Political unrest, public dissatisfaction, and tight financing conditions were identified as major impediments.

The report noted that resource-intensive countries continue to grow at about half the rate of the rest of the region, with oil exporters struggling the most and further noted that adjustment fatigue, public resistance, and weak communication strategies are undermining the impact of reforms in Nigeria.

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The IMF recommended rethinking reform strategies, urging countries like Nigeria to adopt measures that mobilise public support for deep structural changes.

It pointed out the need for greater attention to communication and engagement strategies, reform design, compensatory measures, and rebuilding trust in public institutions.

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NMDPRA seals oil, gas retail outlets in Delta over sharp practices

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has sealed petroleum retail outlets and gas plants over sharp practices in Delta.

Their offenses bordered on under-dispensing, operating without valid licenses and other illegalities within the filling stations.

They were sealed by the surveillance team of the regulatory authority at Asaba and Ibusa in the state.

The Delta State Coordinator of NMDPRA, Engr. Victor Ohwodiasa, revealed over the weekend that the authority would not tolerate a situation where people would be shortchanged as a result of under-dispensing and other illegalities.

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Ohwodiasa called on petroleum marketers to ensure that their metres are well-calibrated and sell accurately.

According to him, the awkward dealings included but not limited to under-dispensing, product quality, suspected diversion, illegal bunkering activities, illegal discharge of unauthorised petroleum products in unauthorised locations.

“In line with our mandates, we constantly visit petroleum retail outlets to ensure they sell one litre for one litre.

“Agreeably, there are bound to be variations due to mechanical error in their machines but these are subject to limits, when it exceeds, we shutdown the facilities,” he said

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“Based on what we have been doing to ensure the consumers are not shortchanged. We have been visiting retail outlets across the local government areas in the state to ensure sanity is brought and maintained within the retail outlets.

“This week, we have sealed four stations within the Asaba and Ibusa axis over offences bordering on under-dispensing, operating without valid licenses and illegal activities within the filling stations.

“We will continue to sustain the tempo in this ember months and beyond to ensure products are made available to consumers and sold at the right prices and quantity,” he said.

Ohwodiasa urged the public to always notify the regulatory authority whenever they notice any awkward transactions in their dealing with the petroleum marketers for immediate actions.

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