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President Tinubu Appoints Folashodun Shonubi Acting CBN Governor

Mr Folashodun Adebisi Shonubi has been appointed as the acting Governor of Central Bank of Nigeria.

Shonubi’s appointment followed the suspension of Godwin Emefiele as the CBN Governor on Friday.

Until his appointment, he was the Deputy Governor, Operations Directorate.

Bayo Onanuga, a media aide to Tinubu disclosed this in a post via his Twitter handle on Friday.

He wrote, “Folashodun Adebisi Shonubi is the CBN acting governor. He has been since October 2018, the Deputy Governor, Operations Directorate. He was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. He also represents the CBN on the board of FIRS”.

Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.

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President Tinubu suspends CBN Governor, Godwin Emefiele

President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria, CBN, Governor, Mr Godwin Emefiele from office with immediate effect.

According to a terse statement by Willie Bassey Director, Information Office of the Secretary to the Government of the Federation on Friday night, it is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

We reports that Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.

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Tinubu And Kwankwaso In Closed-Door Meeting In Aso Rock

Nigeria’s number one man, President Bola Tinubu is currently meeting with Rabiu Kwankwaso.

He is having a closed-door meeting with Kwankwaso of the New Nigeria Peoples Party (NNPP) in Abuja.

Kwankwaso, a former Minister of Defence, has been a close ally of Tinubu, who has variously described the incumbent President as a strategist.

DAILY POST recalls that the immediate past governor of Kano State, Abdullahi Ganduje, served under Kwankwaso as deputy governor before succeeding him.

Both men later fell out over some political differences.

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Why Census 2023 Was Postponed

The National Population Commission on Friday, why the 2023 Population and Housing Census was postponed.

The Commission explained that contrary to insinuations that it was rescheduled due to insufficient funds, the NPC postponed the census exercise to save Nigeria from a national crisis.

The  Federal Commissioner in Plateau State, Mrs Cecilia Dapoet made this disclosure on Friday during a meeting with stakeholders  in Jos, the state capital.

The Commissioner said, “The Census exercise was earlier scheduled for May 3-7, 2023, but was postponed, giving rise to many insinuations in the public space regarding the reason for the postponement and these even though are mere speculations had been given much media attention.

“The Commission is compelled to take necessary steps to correct the impression that the 2023 Population and Housing Census is postponed because of lack of funds.

“The real reason is not money, but government’s transition programme and post-election mood in the country. We all saw the cloud of uncertainty that hung above the nation after the elections and were careful not to fall into some pitfalls and plunge the country into more trouble. We cannot take things for granted, and decided to postpone the exercise,” she informed.

The Commissioner  expressed optimism that the postponement of the national census would afford the new administration, led by President Bola Tinubu to prepare adequately for the exercise.

Dapoet who however assured that the NPC would conduct  the first digital census in Nigeria whenever a new date is fixed added, “Presently, we have purchased the handheld devices to be used to capture data and are safely stored at the Central Bank in Jos. This also means the software is ready in hand.

“Presently, we are also getting our new leaders acquainted with the methodology and processes adopted for the current Census exercise.

“We are using the opportunity offered by this postponement to re-assess our Census Work-plan and to inject any input that would add value to the strategies for implementing the methodology for optimal success.

“We need to reassure you that the coming Census will not be like the previous exercises which were marred by incidences of undercounting, multiple counting and inaccurate enumeration leading to Lack of trust in the census data and making it  difficult to use for planning and development purposes.

“We have also put some measures in the process to curtail incidences of political interferences with the census process,” she remarked.

Meanwhile, the Plateau State Director of the NPC, Mrs Felicia Mwolpun, urged the citizens to cooperate and support the Commission to enable it achieve it’s goals.

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What G5 Members Discussed With Tinubu

Oyo State Governor, Seyi Makinde has opened up on what was discussed during the meeting between the G-5 and President Asiwaju Bola Tinubu.

The G5 made up of aggrieved politicians within the Peoples Democratic Party (PDP) kicked against the emergence of PDP presidential candidate, Atiku Abubakar in the last elections and backed the return of power to Southern Nigeria.

According to Makinde, the group met Tinubu to brief him on the latest happenings in the country and reiterate their stance on fairness, equity and justice in Nigeria.

Makinde, also acknowledged that nation building is a difficult task and demand constant evaluation.

Addressing State House correspondents on Thursday evening, June 8, the Oyo governor said;

“Nation building is a very difficult task. You have to keep evaluating, you know what you’re doing, where you’re going. So, we have to keep seeing the President, you know, to let him know what is happening.

“The G-5, the Integrity Group, came to let the President know what we stood for: fairness, justice, and equity”.

In attendance at the meeting alongside Makinde were four former governors within the party. They are former Governors Nyesom Wike (Rivers), Samuel Ortom (Benue), Okezie Ikpeazu (Abia) and Ifeanyi Ugwuanyi (Enugu).

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10 Benefits Of 2023 Electricity Act Bill Signed By Tinubu

Nigeria’s number one man, President Bola Tinubu recently approved the new Electricity Act, which replaces the 2005 Electricity and Power Sector Reform Act, The PUNCH reports.

The Electricity Act was first passed in July 2022 in the administration of former President Muhammadu Buhari.

The new bill seeks to promote private sector investments in the Nigerian power sector and de-monopolise the nation’s electricity generation, transmission and distribution at the national level.

Below are 10 benefits of the assented 2023 Electricity Act

1. The passage means that anyone may construct, own, or operate an undertaking for generating electricity not exceeding one megawatt in aggregate at a site, or an undertaking for distribution of electricity with a capacity not exceeding 100 kilowatts in aggregate at a site, or such other capacity as the Commission may determine from time to time, without a licence.

2. Electricity generation licensees are obligated to meet renewable generation obligations as may be prescribed by the Nigerian Electricity Regulatory Commission.

3. Electricity generating companies will be mandated to either generate power from renewable energy sources, purchase power generated from renewable energy or procure any instrument representing renewable energy generation.

4. Lawmakers are granted the power to carry out oversight responsibilities and function over the NESI through its respective Committees on Power in the Senate and House of Representatives.

5. Empowerment of states, companies, and individuals to generate, transmit and distribute electricity.

6. States can regulate their electricity markets by issuing licences to private investors who can operate mini-grids and power plants within the state. However, the Act precludes interstate and transnational electricity distribution.

7. The Nigerian Electricity Regulatory Commission will be able to regulate the electricity sector within Nigeria.

8. The commission can transition regulatory responsibilities from itself to state regulators when they are established.

9. Until a state has passed its electricity market laws, NERC will continue to regulate electricity businesses in such states.

10. For now, only three states -Lagos, Edo and Kaduna—have electricity market laws and can start regulating their markets. But for other states without such laws, NERC will regulate their electricity generation and transmission.

***

Source: The PUNCH

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WAEC Arrests 20 Exam Officials For Malpractice

The West African Examination Council, WAEC has arrested twenty school officials for allegedly aiding and abetting examination malpractice for candidates in the ongoing West African Senior School Certificate Examination.

The Council said that the arrests were made in various parts of the country.

The Head, National Office of the council, Mr Patrick Areghan, disclosed this on the sidelines of a monitoring exercise he carried out in some schools on Thursday in Lagos.

According to him, the WAEC  has since handed over all the culprits to the police for prosecution.

Areghan vowed that the council would do everything possible to ensure that their prosecution was followed to a logical conclusion.

“The issue of examination malpractice can no longer be treated with kid gloves.

“It is no longer business as usual, as it has completely eroded morals and values in our society. It is taking a dangerous dimension, of which, if not tackled will bring our country to its knees.

“Now, since the commencement of this examination, we have deployed our technology, designed to catch examination cheats and we are happy at the results we have gotten so far.

“For instance, in Ibadan, Oyo, where we have our zonal office, which takes care of Osun, Kwara and Oyo itself, we made three arrests in a school and for the purpose of confidentiality, I will not mention the name.

“There, a supervisor at a centre, principal and invigilator were all arrested. They were arrested for allegedly snapping and posting the questions to some platforms, thereby, aiding and abetting examination malpractices.’’

He said: “Then, in Maiduguri, a supervisor and principal of a school, were both arrested and handed over to the police too.

“In Umuahia, a teacher and a supervisor were arrested in a particular school and they have been handed over to the police.

“In Abeokuta, a school proprietor was the first to be caught at the beginning of this examination on May 8, snapping and posting question papers,” he said.

Areghan described the act as a monumental disgrace.

The WAEC official said that the proprietor and a supervisor had since been arrested and also handed over to the police.

He further disclosed that the same situation was also recorded at

Osogbo, where a principal, invigilator and chief supervisor were arrested for the same offence.

According to him, in Kaduna too, a supervisor and an examination official in a school who were caught in the act, were arrested and handed over to the police.

He explained that the school, which was ceded to Kaduna was supposed to be Kano, but was ceded because it was closer to Kaduna.

Areghan said that the arrests would continue until the end of the examination.

He urged candidates not to allow their future to be compromised by persons who did not wish them well, by promising to assist them pass their examination through illegal means, stressing that WAEC’s examinations could never be accessed illegally.

According to him, all of the culprits caught in the act may have been paid by the unsuspecting candidates and their parents, promising to assist them pass the examination.

“I want to counter this statement that some people are fond of making, which is that our examination questions always leak.

“That does not exist. Our examination is always safe and secured until they get to the candidates in the hall.”

He asserted that WAEC examination questions don’t ever leak and cautioned the media to stop using the word “leak”.

“What actually happens is that, once the examination is about to start, we give the question papers to the supervisors, one hour before commencement, so that they can travel from the collection point to the various schools, where they will administer the examination.

“Immediately they get to the exam hall, they will open the pack in the name of distributing to candidates and they will snap and post to various designated platforms-  WhatsApp, Instagram and others.

“Such persons are members of a syndicate group who collect money,’’ he said.

According to him, once the examination is already in progress, anyone that takes pictures of the papers and posts will be detected.

Areghan noted that the council had a method of detecting who snapped, who posted, who it was posted to and which candidate’s question booklet was posted.

According to him, that is when the council swings to action by rounding all of them up and subsequently handing them over to the police.

“You have been following me around for this monitoring

“You saw me telling these children that they will hardly have time to access any materials snapped and posted on any platforms because they are already in the hall writing the examination.

“From what we have seen so far today at the schools we visited, I will say that the examination has been going on smoothly. There has not been any challenge beyond our control.

“Of course, you will come across persons who will want to prove smart by cutting corners and trying to get things done unethically, but we have been able to beat them to it.

“There are though, some that we do not bother ourselves with, as we will deal with such administratively.’’

He noted that only hard work was the way out to a stable and progressive country, adding that schools should continue to stick to academic excellence and nothing less, in order to sustain quality education.

The News Agency of Nigeria reports that schools visited for the monitoring on Thursday included  ST and T in Ikeja, Ikeja Senior High School as well as State Senior High School among others.

NAN

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Popular Kano Imam, Sheikh Nasir, Is Dead

Sheikh Nasir Muhammad Nasir, the Chief Imam of Fagge Juma’at Mosque, has passed on.

The cleric died on Wednesday after a protracted illness and will be buried today, Thursday, June 8, 2023, at the Emir of Kano’s palace.

The late Islamic scholar, popularly known as Limamin Waje, died at the age of 87.

The deceased was turbaned as Wazirin Kano by the late Emir Ado Bayero but removed by former Governor Rabiu Kwankwaso.

Kwankwaso replaced him after citing security concerns, but Nasir refused to vacate the position.

Governor Abba Kabir Yusuf has condoled with the family, followers, and people of Kano.

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FG Declares June 12 Public Holiday

To celebrate Democracy Day, the Federal Government has declared Monday, June 12, 2023, a public holiday.

In a statement issued Thursday in Abuja, the Permanent Secretary in the Ministry of Interior, Dr Oluwatoyin Akinlade who made the declaration on behalf of the Federal Government, congratulated all Nigerians on the occasion.

She said; “Nigeria’s democratic journey has, like in many other climes, encountered both stormy and smooth sails, but the ship of State, it’s institutions and most importantly, the Nigerian people have remained steadfast on the tenets of democratic governance.

“On this memorable occasion therefore, Nigerians and friends of Nigeria are invited to appreciate the progress that has been made, celebrate the milestones covered and look forward to a better future for the country’s democracy.

“The Permanent Secretary wishes all Nigerians a Happy Democracy Day celebration”.

 

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ASUU Reacts to Removal Of Fuel Subsidy, Petrol Price Hike

The Academic Staff Union of Universities, ASUU has given the federal government idea on how to reduce the suffering Nigerians are experiencing as a result of fuel subsidy.

ASUU urged the Federal Government to rebuild the nation’s refineries immediately.

The union’s National President, Prof Emmanuel Osodeke, gave the advice on Wednesday at a Maiden Public Lecture and Groundbreaking ceremony of its Secretariat at the Alex Ekwueme Federal University (AE-FUNAI), Ikwo Local Government Area of Ebonyi.

Osodeke explained that the lecture, titled, “Reinventing Nigerian Universities for Research and Development: The ASUU Perspective”, was to educate the public on the importance of research for nation building.

He decried the way the government had spent trillions of naira on repairing the refineries, advising that restoring them would ensure sustainable development not only in the oil industry but in all other sectors.

“Let me tell you, any nation that doesn’t promote education always invites crisis.

“On subsidy removal, we are an affiliate of the Nigeria Labour Congress (NLC); so, whatever action they are taking on this nationwide issue, we’ll support them and our next action depends on NLC.

“In fact, we don’t believe in fuel subsidies. There is no subsidy in this country. You cannot be exporting crude oil for the past 70 years and yet you cannot refine the crude oil and sell to your people.

“Sell it to your people at the Nigerian rate and not in dollars. You see, something is wrong. So, there is a need to rebuild our refineries and prioritize the nation’s education for sustainable development,” he added.

Prof Biodun Ogunyemi, immediate past president of the union, who delivered the lecture, called for the full engagement of the lecturers and stakeholders in education for a better country.

Ogunyemi urged federal and state governments to embrace research and prioritize education and improve the quality of life of the citizens.

Prof Sunday Elom, Vice-Chancellor of AE-FUNAI, represented by Prof Ramanus Ejiaga, commended the union for organizing the lecture which he said was timely.