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Reps Committee Gives Security Tribunal 7 Days Ultimatum To Remit Over N6m To FG
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Okowa Breaks Silence, Clears Air On EFCC Invitation, Allegations
Former Delta State Governor Dr. Ifeanyi Okowa has broken his silence over allegations surrounding his recent invitation by the Economic and Financial Crimes Commission, EFCC.
Okowa spoke through his erstwhile spokesman, Mr. Olisa Ifeajika, in a right of reply press statement, issued on Tuesday evening.
Dismissing all the allegations, Ifeajika described media reports of Okowa’s alleged arrest as sensational and misleading, stating that Okowa has nothing to hide.
He, however explained some of the notable achievements of the former governor in infrastructure, youth entrepreneurship programmes, and fiscal transparency.
Specifically, Ifeajika, stated that the EFCC’s invitation was routine and not indicative of wrongdoing.
Below is the full press statement;
OKOWA AND EFCC: THE FACTS, THE FICTION, AND THE FAIRY TALE
We have observed the desperate attempt by some dubious elements and a section of the media to malign His Excellency, Senator, Dr Ifeanyi Okowa, the immediate past Governor of Delta State, over his recent invitation by the Economic and Financial Crimes Commission (EFCC). With few exceptions, the media reports and commentaries have been mostly sensational, mischievous, and gross misrepresentations and distortions of the facts of the matter.
They fall far short of the journalistic standards of factual reporting, fairness, balance, and simple logic. Most of these reports are riddled with outright lies, wild conjectures, and unverifiable claims, with the unmistakable diabolical intent to beguile and incite the unsuspecting public against Dr Okowa. But you cannot pull down him whom God has lifted. Like previous failed attempts to drag Dr Okowa’s name in the mud, this renewed offensive against him by his traducers is an exercise in futility.
The Facts of the Matter
The first point that needs to be made is that the EFCC has not established any case against Dr Okowa. As is customary with the anti-graft agency, the former Governor was invited to answer questions relating to some petitions that were filed against him by some disgruntled elements. Upon his return from vacation, and as a man with a clear conscience, Dr Okowa proceeded to the EFCC office in Portharcourt as requested.
The substance of the petitions was that Dr Okowa allegedly corruptly enriched himself and used state resources to acquire 80% stake in Premium Trust Bank. He was also alleged to have diverted state resources to build housing estates in Asaba and Abuja and two hotels in Asaba, for himself.
Governor Okowa cleared himself of those allegations as the estate in Abuja is owned by a public figure. The ex-Governor lives in his own private house in an estate in Asaba that is occupied by other residents who are home owners. Similarly, the owners of the hotels in Asaba are persons known to the public and the EFCC, while Okowa has zero financial interest in Premium Trust Bank. These are facts that are easily verifiable from the Corporate Affairs Commission and by virtue of the Freedom of Information Act.
The allegation that the former Governor allegedly diverted N1.3 trillion oil derivation funds is as ludicrous as it is outlandish. This is just a rehash of the same spurious allegations that some malicious, myopic, vindictive, and prejudiced persons concocted while Governor Okowa was still in office.
These haters simply latched on to the EFCC invitation to launch a well-orchestrated propaganda, using their hirelings and hack writers in a section of the media. It is obvious that these people, including their puppets in the media, are bereft of commonsense. Otherwise, how can anybody in his right mind allege that N1.3 trillion was diverted for personal use? Are we to believe that Okowa’s administration did not pay salaries or execute a single project in eight years? It will take an individual to appropriate an average of N16b every month for eight years to amass a whooping sum of N1.3 trillion as alleged.
The implication of such a scenario happening is that there will be no money to run the government or pay the salaries of the state’s almost 50,000 workforce. Prejudice is a terrible thing, and those caught in its web, often develop a warped sense of reasoning.
For the avoidance of doubt and for the benefit of the public, we wish to bring to the fore some salient information from the audited accounts of the Delta State Government for the eight years that Okowa presided over the affairs of the state.
Total Revenue (FAAC, IGR, Other receipts) = N2.65 trillion
Salaries = N628.5bn
Pensions/Contributory Pensions/Social Benefits = N141.22bn
Overhead/Consolidated Revenue Charges = N489.83bn
Grants/Contributions = 107.88bn
DESOPADEC = N221.2bn
Internal Loans Repayment/Public Debt Charges = N200.38bn
FAAC Deductions for Loan Repayment = N150.63bn
Total Capital Expenditure = N729.2bn
Among the flagship projects executed by the Okowa administration include the Professor Chike Edozien Secretariat, which recently won the Nigerian Institute of Architects award for Most Iconic Corporate Building in Nigeria, the Ogheye Floating Market in Warri North LGA, the 19.7km Obotobo 1 –Obotobo 11 – Sokebolou – Yokri coastal road in Burutu LGA, Maryam Babangida Film Village and Leisure Park Asaba, Koka Flyover in Asaba, and Asaba Storm Water Drainage. The Warri Storm Water Drainage project, designed to tackle the perennial flooding in Warri and environs, was at advanced stage by the time Okowa left office on May 29, 2023.
In road infrastructure, the Okowa administration constructed over 2,000 kilometres of roads (including bridges) and 1,400 kilometres of drains. The administration established three new universities and six model technical colleges that have remained functional. Of course, there was the novel youth entrepreneurship development programmes of the Okowa administration that saw thousands of youths become small business owners and employers of labour. As a result, Delta was ranked the Best State in Human Capital Development in the 2017 states peer review by the National Competitiveness Council of Nigeria. Furthermore, Delta State under his watch enjoyed peace and security.
UTM INVESTMENT
The insinuation that the state government’s investment in the first Floating Liquified Natural Gas project promoted by UTM, a private indigenous company in the oil and gas sector, is a phantom project is at best laughable and at worst disingenuous. As a state rich in oil and gas, the administration of Okowa saw a viable opportunity in the project and, upon approval by the Delta State Executive Council and the House of Assembly, purchased equity in the company with N42.05b in two tranches of five percent and three percent. The authenticity of this project is evidenced by the signing of the Shareholders’ Agreement between UTM, NNPC limited, and the Delta State Government on December 19, 2023. Today, the state government’s investment has appreciated to at least N190.85 billion underscoring the wisdom and foresight of the Okowa administration.
CONCLUSION
It bears restating that Dr Okowa has nothing to hide. His governance of Delta State was marked by fiscal discipline, prudent management of resources, and excellent service delivery. As a matter of fact, the state won World Bank awards in Overall State Fiscal Transparency, Accountability, and Sustainability Programme (All DLIs), Fiscal Transparency and Accountability, Efficiency of Public Expenditure, and Debt Sustainability. Dr Okowa is a man of unassailable integrity and we welcome any honest attempt to investigate his eight-year tenure as we believe it will vindicate his exemplary stewardship of the state.
We know that the current campaign of calumny against Okowa is at the behest of unscrupulous politicians who see him as the biggest threat to their 2027 political aspirations. Instead of engaging in lies and propaganda, we urge these persons to work at winning the hearts and confidence of the people. Power resides in the electorate and they are the ones who determine who is to govern or represent them.
Finally, we urge our media practitioners to always abide by the ethics of the profession. They should not allow themselves to continue to be used by desperate power mongers whose stock-in-trade is to engage in political subterfuge, stoke the fires of hatred, and foment crisis in the polity.
Olisa Ifeajika
Chief Press Secretary to Governor Okowa (2019-2023)
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Tinubu Directs State Burial For Late Chief Of Army Staff, Taoreed Lagbaja
President Tinubu has directed State Burial for the Late Chief Of Army Staff, Taoreed Lagbaja.
A delegation from the Nigerian Army, led by Major General Kamal Yusuf, announced on Tuesday that President Bola Tinubu has directed a state burial for the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja.
The announcement was made during a condolence visit to the Olobu of Ilobu, Oba Ashiru Olaniyan, at his palace in Osun State.
Major General Yusuf, a classmate of the late Lagbaja at the Nigerian Defence Academy, reflected on their early days together, recalling how they travelled by train from Osogbo to Kaduna to begin their military careers.
“Lagbaja was a gallant and pragmatic officer, a true combatant, which is why President Tinubu trusted him with the role of Chief of Army Staff,” he said.
During the visit, Yusuf informed Oba Olaniyan that the late General would rest at the National Military Cemetery in Abuja, where Nigeria honours its national heroes.
“Our visit here is to express our condolences and inform you of the burial plans. President Tinubu has directed that Lieutenant General Lagbaja be given a state burial,” Yusuf stated, adding that arrangements have been made to accommodate family members who wish to attend the ceremony.
Delivering a condolence letter from the Nigerian Army, Yusuf expressed hope that such tragic losses would not recur.
“Lagbaja’s dedication to duty and leadership from the front earned him steady promotions throughout his career, culminating in his appointment as Chief of Army Staff,” he noted.
Earlier, the Army delegation visited Osun State Governor, Ademola Adeleke, at the Osun Government Secretariat in Abere.
Commending Tinubu’s decision for a state burial, Governor Adeleke described the late General as “a bright star of Osun and Nigeria dimmed too early.”
He praised the Army’s commitment to completing community projects initiated by Lagbaja in Ilobu, Ifon, and Erin Osun.
In a statement by his spokesperson, Olawale Rasheed, Governor Adeleke said, “I thank Mr. President for approving a state burial for our late brother. We also appreciate the Army’s commitment to completing the community projects initiated by General Lagbaja. We will continue to support these efforts.”
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Change Negative Narrative About EFCC Being Used For Settling Political Scores- Reps
………Ask Anti Graft Agency To Fight Financial Crimes Within Established Laws
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……My Staff Are Poorly Paid, EFCC
…., States Why Fight Against Yahoo Boys Fierce
The House of Representatives has tasked the Economic and Financial Crimes Commission, EFCC, to purge itself from the negative impression that its being used to settle political scores and concentrate fighting financial and economic crimes within established laws.
The House handed the advise on Tuesday through the Chairman House Committee on Financial Crimes Honorable Ginger Onwusibe who led members of the committee on the 2024 oversight exercise on the commission.
The oversight covered extensive facility tour of departments and critical operational units of the antigraft agency.
In his terse remarks, Hon. Onwusibe challenged the agency to improve its operational activities in combating economic and financial crimes by complying with its 2004 Establishment Act and other relevant applicable laws like the Money Laundering ( Prevention and Prohibition) Act 2022: Terrorism ( Prevention and Prohibition) Act 2022: The Proceeds of Crime Act. 2022, as well as other statutes, that compels it to carry out these roles transparently with accountability and show that the negative maxim being peddled in some quarters that the agency is often being used for settling political scores is incorrect .
The committee assured that it will collaborate with the commission to actualize its mandate by enacting new laws or amending old ones and as well providing budgetary interventions, if it must strive tirelessly to be on top of its challenges
The House urged the agency to collaborate with sister agencies and desist from keeping suspects as- awaiting ‘trial in correctional centres nationwide
“At this point let me add that a recent visit to the Maximun and Minimun Correctional centres in Kirikiri Lagos State, numerous suspects have been awaiting trial for over one year and yet we are all acquainted with the saying that justice delayed is justice denied”
” It is on this note that we call on the EFCC, Attorney General of the Federation and the Judiciary to improve and ensure the administration of justice works and is efficiently delivered to the victims”
The House warned the agency to purge itself of rotten eggs in order to fight economic and financial crimes frontally, thereby stimulating the Nigerian economy
It also urged EFCC to focus properly on its mandate.
” The issue of appropriate and proper focusing on the mandate of the EFCC must relentlessly be on the front burner:
“Orders from competent courts , arrest and debt recovery must be pursued religiously” the House cautioned
But on its side, the antigraft agency said it has not deviated from its focus but rather working hard and fighting financial and economic crimes as enunciated in its mandate.
Chairman of the agency , Ola Olukeyede told his guest in his remarks during the oversight visit that the commission was doing much to fight financial and economic crimes and stimulate the Nigerian economy
He said so far that the agency has recovered over N250bn cash, tens of million of Dollars and other foreign currencies, with over 3000 convictions: 17000 petitions while also investigating over 20000,with about 4000 fresh cases , all being handled by a misery number of staff strenght
He noted that its priority is to improve the country’s image and stimulate its economy, such that there could be improvement in foregin direct investments and stimulation of the local economy.
Olukeyede however, argued that the agency needed more staff strenght, funding , better renumeration for staff because they were poorly paid. He also emphasised on modern day technology to fight the ever dynamic cyber criminals
According to the EFCC boss, it was important to give more salary to EFCC staff and deploy modern technology to fight emerging cyber crime dynamism . He expalined that the agency has increased efforts to fight Yahoo, yahhoo, boys because of their ability to crumble any economy within a twinkle of an eye
According to him, the agency was expanding its drag net to focus on ministries, departments and agencies infrastructural projects. ” “Go to MDAs and see their budget implementstion. It is not up to 20%”
“We want to ensure 50% infrastructural development” the anti graft boss announced, insisting that it would henceforth encourage monitoring of project implementation which was an aspect of preventing financial crimes
He said the agency has dismissed lots of erring staff, and will continue to dismiss and even prosecute them going forward.
Olukeyede disclosed that it had designed a template on staff integrity, using the Gift- Policy model
.” It is not every thankful gift we should collect” the EFCC boss warned
” I am advocating for more welfare improvement, better welfare, he said.
“We will do more recoveries, more convictions, but we need more resources to do our work, maintaining that, that was his stand on ethics and integrity .
Olokeyede’s demand for more salary wage for staff of the commission, is seen as an incentive to boost welfare and morale to fight financial crimes to standstill.
He stated that there was the utmost need to increase salaries of staff of the commission
The EFCC boss who spoke on his stewardship in the last one year, further added that it increased the war against Yahoo- Yahoo boys because of the consequences of their nefarious acts which could crumble a nation’s economy in a jiffy.
He argued that more technology was required to fight financial crimes.
For instance he explained that it was a common scenario then for thieves and armed robbers to attack and break into banks with guns and Dynamites
” But it is the same common and more easier scenario and task now to have Yahoo-Yahoo boys and bank thieves attack banks with technology in the comfort of their homes or hideouts”
“So we need technology and we also need to increase our fight against these Yahoo boys who can dismantle any economy within a twinkle of an eye
He called on the national Assembly to improve and increase its finances because fighting Financial crimes was a herculean task that requires adequate funding
Olokeyede who apparently was responding to criticisms of the commission’s over concentration on Cyber crimes/ thieves, perpetrated by Yahoo boys, said he has made tremendous impact in enforcement, investigation and conviction with an outstanding record convictions between October 2023 when he was appointed till date
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