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Okowa Breaks Silence, Clears Air On EFCC Invitation, Allegations

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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.

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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.

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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.

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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.

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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

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Overhead/Consolidated Revenue Charges = N489.83bn

Grants/Contributions = 107.88bn

DESOPADEC = N221.2bn

Internal Loans Repayment/Public Debt Charges = N200.38bn

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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.

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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.

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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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SEE Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22 November 2024

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The black market dollar to Naira exchange rate on Friday 22 November 2024 can be accessed below.

NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

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According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Friday, November 22, 2024.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1730
Selling Rate N1740
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

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Simon Ekpa to Face Extradition, DHQ Declares

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The Nigerian Defence Headquarters, Abuja, has declared that Simon Ekpa, the self-proclaimed prime minister of the Indigenous People of Biafra (IPOB) will be extradited to the country to face charges against him.

Speaking on the arrest of Ekpa in a short press statement made available to journalisrs, the Director of Defence Information, Brig Gen Tukur Gusau, said the Chief of Defence Staff, Gen Chris Musa, was pleased with Ekpa’s trial.
Gusau wrote: “CDS is happy with his arrest in Finland, with the hope this will be a step towards his extradition to Nigeria so that he will face justice.”

Recall that the Finland district court in Lahti had ordered the remand of Simon Ekpa on probable cause for public incitement to commit a crime with terrorist intent in Nigeria. Ekpa was accused of using social media platforms to spread separatist propaganda linked to IPOB, a group advocating for the secession of southeastern Nigeria.

The court alleged that the offences dated back to August 23, 2021. Finland authorities have also investigated Ekpa in the past for alleged financial crimes, including the collection of funds through questionable means.

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The head of the investigation, crime commissioner Otto Hiltunen of the Central Criminal Police, stated, “The police suspect that the man has promoted his efforts from Finland with means that have led to vi3lence against civilians and authorities as well as other crimes in the region of South-Eastern Nigeria. The man has carried out this activity, among other things, on his social media channels.”

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Oil theft: DHQ rubbishes Tompolo’s allegation against Navy

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Defence Headquarters, Thursday, described as ‘laughable’, allegation by Chairman, Tantitta Security Services, Mr Government Ekpemuopolo, alias Tompolo, that the Nigerian Navy was sabotaging the fight against crude oil theft.

Noting that it cannot be seen to be joining issues with Tompolo, the DHQ, said the work of the Navy and its determined efforts to rid the Niger Delta of economic saboteurs and crude oil thieves which is reflecting on the nation’s crude production, was there for everybody to see.

Director of Defence Media Operations, Major General Edward Buba disclosed this while commenting on Tompolo’s allegation made on Monday.

He said: “What I will say is that such allegation is just laughable. We will not join issues with anybody. What we seek is cooperation not conflict. We don’t want all these back and forth. We don’t want all this blackmail. What we want is working to ensure increased production of crude oil.

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“The efforts of our Navy is very obvious. It is there for everybody to see and we are seeing the increase in crude oil production. We are ready to work in collaboration with stakeholders to continue to increase oil production. That is what we want.”

Recall that Tompolo had on Monday accused Navy personnel of being a clog in Tantitta’s fight against oil theft in the Niger Delta, calling on Nigerians to join hands in the battle to save the country’s economy.

Also, Major General Buba disclosed that those (IPOB/ESN) members responsible for the killing of three soldiers at a checkpoint in Abia State would be tracked down and made to pay the price for their murderous act.

Urging innocent citizens of the area not to panic, he said: “Our troops were attacked on November 13, and we recorded three casualties in the South East. To those expressing fear that troops will come and start killing everybody, this is not true.

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“We are a professional force with rules of engagement. We will not go about killing people, but there will be consequences for those responsible for the attack. Our target will be against the terrorists and we will get them and I will give you the good news.”

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