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SEDC Act: Deputy Speaker, Kalu begs Igbo to shun agitation, protests

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Barely 24 hours after President Bola Ahmed Tinubu signed the South East Development Commission, SEDC bill into law, Deputy Speaker, House of Representatives, RT. Hon. Benjamin Okezie Kalu, has called on his Igbo kinsmen to stop agitation.

At a world press conference in Abuja on Wednesday, the Deputy Speaker also urged the people of the region and Nigerians entirely, to shun the proposed nationwide protest, saying, nothing could be achieved through kinetic approaches to issues of governance.

“To my fellow south easterners, I implore you not to join the planned looming anti government protest. Instead, let us view the signing of the South East Development Commission bill into law as a testament to the President Bola Ahmed Tinubu’s administration’s resolve to heal the wounds of the past, bury the rumors of the marginalization of the southeast geopolitical zone and renew the hope of the nation towards equitable economic growth and socio cultural renewal.

“This is a time for unity. This is a time for progress. This is a time for peace, not division, not unrest. Unrest and division will divide us further and will under-develope us further. But in an atmosphere of peace and unity, the progress promised by our forefathers will be achieved.

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“I also implore Nigerians from all walks of life and the entirety of the country to not heed the calls for protests, but instead continue to trust in the process. Say no to protests. Say yes to the process, which involves policy formulations from government that is people centered, which the parliament have insisted on, that all policies of government must have the people at its center, believe in this process, not the protests, and we will be able to get the profit that this government has promised”, Kalu said.

The elated Deputy Speaker, called for more patience with Tinubu’s administration, while thanking the President for remembering the south east region, 54 years after the end of the civil war.

He said, “The reforms of this current administration will take time, no doubt, but it will soon start to suffice, including a reversal of inflation, stabilization of the economy and ensuing multiplier effect in a massive employment boom as a result of industrialization and the outcomes of the work organizations like the SEDC, which is the South East Development Commission, will engineer in the coming days.

“With South East Development Commission, we will leverage to improve agriculture. Entrepreneurial skills will enable industrialization of the region and our innovative mindedness will leverage the opportunities in the digital economy.

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“Our creativity will birth a greater cultural and entertainment platform, such as the Igbowood. Our youth and women demography will play a major role in the energy of our development. It is time to put our huge gap deposit in the region to use for industrial parks.

“The gas in our zone will aid these industrial parts that will bring value to the nation. Most of the radicalized youths in our region who have been crying because of the seeming rumors of marginalization and alienation from the center will now have jobs to engage them productively, among others.

“It is no more time to carry arms. It is now time to take up skills that will be stimulated by the South East Development Commission. This is a foundation for peace and security in the southeast. There is no better foundation than this.

“On behalf of the great people of the Southeast geopolitical zone of Nigeria, the beating heart of the nation, the land of enterprise and entrepreneurship, let me express my deep gratitude to President Bola Ahmed Tinubu for signing the Southeast Development Commission SEDC bill into law yesterday”

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Speaking further, Kalu said, “This victory is a true example that a lot can be achieved quietly through lobbying, negotiation for what is good for your people. With negotiation, diplomacy and lobbying, not conflict and protest, we can achieve a lot more from this government.

“I wish to thank the Governors of the five states of the southeast and to congratulate them for their support towards this bill. It is momentous because it is happening during their tenure and their states and her citizens will be the beneficiaries of these magnanimous acts of the President who loves the southeast. Let us remember that our strength lies in our shared dreams and collective effort.

“In conclusion, let us remember that in unity, our shared dreams and visions will become a mission. And same goes for our collective efforts. Together we can build a Nigeria that offers every child a decent shot at life.

“Where the doors of opportunities remain open to all, we know we can do better. We are aware that we will. And with South East Development Commission, the long cry of our forefathers who died hoping for reconciliation, the true reconciliation, the true reintegration, the true reconstruction, the true rehabilitation will have been achieved.

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“In South East Development Commission, a lot of multiple questions have been answered. Say no now to agitation. Say no now to conflict. Say no now to crisis and protest. Let us support this government”.

Recall that President Tinubu granted ascent to a Bill for an Act to establish South East Development Commission yesterday.

The Bill sponsored by Hon. Kalu, sought to establish a commission that will be charged with the responsibility to receive and manage fund from allocation of the federation account for the reconstruction and rehabilitation of roads, houses and other infrastructural damage suffered by the region as a result of the effect of the civil war after 54 years.

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NAF to get 50 new fighter jets

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At his second biannual meeting with branch chiefs and Air Officers Commanding NAF formations in Abuja, the Chief of Air Staff(CAS),  Air Marshal Hasan Abubakar, said the expected 50 fighter jets would complement the 12 already in NAF’s inventory.

Abubakar encouraged the officers to uphold the highest standards of professionalism, integrity, and loyalty as they contribute to the overall mission of the NAF.

He said: “A few months ago, we celebrated the 60th anniversary of the Nigerian Air Force, which ushered us into a golden era of transformation and evolution.

“Over the past year, we have successfully inducted 12 aircraft into our inventory, and God willing, we shall take delivery of 50 brand new aircraft between December this year and 2026.

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“This is a remarkable achievement that we have not witnessed in a very long time.

“Indeed, these are exciting times that demand innovative thinking, resilience, and dedication.’’

Also yesterday, the Defence Ministry said the ongoing military operations against insurgents in the Northeast and Northwest had reached an advanced stage with the deployment of sophisticated satellite assets.

It said: “Right now, we have moved from normal military operations to advanced military operations. We now use drones. We need satellite to do that. Our troops have to identify where our enemies are. As it is now, without satellites, we cannot operate our drones.

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“There will be pollution, or rather, what you call accidents, among the drones in the space. Therefore, we need satellites to do that operation.”

Permanent Secretary of the ministry   Ibrahim  Kana stated this at  the Stakeholders Engagement organised by the Nigeria Communications Satellite Ltd., NigComSat.

Kana lauded President Bola Tinubu, the military, and other security agencies for protecting  the country

He said: “I want to use the opportunity, really, to thank His Excellency, Mr President, for bringing us together and making sure that we all work together and providing all the necessary requirements, particularly launching of more satellites in space.”

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President   Tinubu’s efforts in the fight against insecurity in the North was also commended by the  Arewa Elders Progressive Group yesterday.

The group noted that Tinubu’s approach to tackling insecurity, particularly his decision to use military force to crush bandits, has shown promising results.

The commendation was contained in a statement by the group’s Chairman,  Mustafa   Dutsinma.

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Bandits got weapons from corrupt security agents, says NSA

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Bandits and terrorists got a sizeable number of their arms and ammunition from securitymen, National Security Adviser (NSA) Nuhu Ribadu has said.

Ribadu, at the destruction of seized/recovered 2,400 illicit small arms and light weapons in Abuja yesterday, expressed worry that most of such arms were sold to criminals by security personnel.

Also in Abuja, the Defence Ministry announced that the ongoing anti-terror war had moved from normal military operations to the use of drones, and advanced war technique.

Fifty new fighter jets are to be added to the Nigerian Air Force (NAF) fleet between December this year and 2026 to rev up the war against insurgents and other criminal elements in the country, Ribadu reaffirmed.

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At the arms destruction by the National Centre for the Control of Small Arms And Light Weapons (NCCSALW), a unit in the Office of the NSA,  Ribadu, assured that the government would do everything possible to keep the country safe and secure.

He said: “We have to find a way of putting a stop to this. We must if we want to recover our country and live in peace and stability.

“The worst human being is a policeman or a soldier who will take arms from his own formation and sell it or hire it out for the bad people to come and kill his own colleagues.

“We must fight these people but also there are merchants of death and evil from outside the world.

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“The proliferation of illicit small arms and light weapons remains a major threat to our national security, exacerbating issues such as insurgency, banditry and other violent crimes.

“We have laws that govern ownership of small arms. If you do not follow it, it is an illegal arm and it is supposed to be destroyed completely.”

The  NSA said the military and other security agencies would secure the country against the merchants of death by all means possible.

He said with the present leadership,  the country would overcome all the country’s security challenges within the shortest possible time.

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“We are not going to relent. They think we are jokers. We are not, we know what we are doing. And I can assure you with the leadership we have today in our country, with the set of people in charge, we have hope.

“Just give us time. It will change. The proliferation of small arms and light weapons remains a major threat to our national security.  We will fight it. We will secure this country,” Ribadu added.

NCCSALW Director-General Johnson Kokumo said the challenge posed by the proliferation of Small Arms and Light Weapons (SALW) was one of the major threats to peace and security not only in the country but in  West Africa.

He said the 2,400 destroyed weapons, comprised unserviceable, decommissioned, and recovered arms.

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Kokumo added: “These weapons were mopped up by the military, police and other security agencies across the country.

“By permanently removing these arms from circulation, we reduce the risk they pose to our communities and send a clear message that Nigeria will not tolerate the illegal trafficking and possession of small arms and light weapons.’’

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Unpaid Commission: Businessman Sues FCMB, Demands $60,206.66

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A businessman, Michael Ogbole, has sued First City Monument Bank at a Lagos State High Court in Lagos, demanding $60,206.66 as unpaid commission for allegedly facilitating a multi-million-dollar transaction with a United States-based company, Sky Enterprise LLC.

Ogbole, in the suit, filed by Falana & Falana Chambers accususe FCMB of circumventing him in the deal.

The claimant alleged on June 2, 2016, he met with FCMB’s Group General Manager and Chief Executive Officer, Ladi Balogun, to discuss how he could help the bank secure finance from Sky Enterprise, a Florida-based firm specialising in trade finance, risk, and debt management.

Following their discussion, Balogun allegedly directed him to contact FCMB’s Treasurer, Gerald Ikem, who introduced him to Nomso Ezenta, head of Structured Funding and Correspondent Banking, to coordinate the transaction.

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The businessman said on September 2, 2016, he arranged a meeting between Sky Enterprise’s Global Director for Africa, Yinka Akinlabi, and FCMB at the bank’s headquarters to structure the deal.

The claimant said those present were top FCMB executives. After the meeting, the parties exchanged emails and phone calls to finalise the transaction.

However, in February 2021, the businessman discovered FCMB went ahead with the deal through Sky British, a subsidiary of Sky Enterprise, without his involvement.

He claims this was confirmed by FCMB’s Annual Report and Financial Statements of December 31, 2020.

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In a letter of October 12, 2021, the businessman demanded $60,206.66, representing one per cent commission on the $6,020,660, facility secured by FCMB from Sky British. After FCMB failed to respond, another demand letter was sent on January 19, 2022. Despite these efforts, the businessman claimed FCMB has refused to pay.

FCMB, through its lawyer, Wale Olawoyin, said the suit lacks merit, admitting that in 2016, Ladi Balogun was approached by the claimant, claiming he can broker dollar loans for banks.

Subsequently, the bank said the claimant, through phone conversations, emails, and two meetings, held discussions with other FCMB executives.

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