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Ogun responds to seizure of presidential aircraft in France

The Ogun State Government has offered clarity over the seizure of three presidential aircrafts belonging to Nigeria in France

The Ogun State Government has offered clarity over the seizure of three presidential aircraft belonging to Nigeria in France.

A French court has authorised the seizure of three presidential jets linked to the federal government of Nigeria.

The imbroglio was caused by a business dispute between the Ogun state government and a Chinese firm, Zhongshan.

The Special Adviser on Media and Strategy to Governor Dapo Abiodun, Kayode Akinmade clarified the situation in a statement on Thursday.

“On 14 August 2024, the attention of the Ogun State Government was drawn to the provisional attachment of three Nigerian government-owned aircrafts in France by the Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd. (“Zhongshan”),” Akinmade said.

“Ogun State also learned of two orders of the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively, both obtained by Zhongshan without notice being duly given to the Federal Government or Nigeria, Ogun State or their legal counsel.

“This is the latest in a series of ill-advised attempts by Zhongshan to attach Nigerian-owned assets in foreign jurisdictions, none of which have to date led to the recovery of any sums from Nigeria.

“Each of the three aircrafts is used solely for sovereign purposes and as such are immune from attachment under international and French law.

“In obtaining the provisional attachments, Zhongshan deliberately withheld information from the Federal Government of Nigeria, Ogun State and their legal counsel.

“Shockingly, it also appears to have misled the Judicial Court of Paris as to the use and nature of the assets it seeks to attach and not made full disclosure to the court as required by law.”

Akinmade said Ogun State in conjunction with the Federal Government has taken swift action to ensure that these provisional attachments are lifted without delay.

He said just like the P&ID case, this is another unfortunate case of unscrupulous individuals masquerading as foreign investors with the sole aim of defrauding Ogun State and Nigeria.

Akinmade said it should be recalled that the underlying contract between Ogun State and Zhongshan was executed in 2007, 12 years before the present administration, for the management of a free-trade zone.

The Special Adviser to Governor Abiodun said the parties entered into a dispute in 2015 with arbitration commencing in 2016.

By 2019, when the current State Administration took office, the hearing at the arbitration had been all but concluded.

The Arbitral Panel awarded over 60 million USD against the Federal Government of Nigeria (FGN) which was a co-Defendant, when all Zhongshan had done was to build a perimeter fence around the free-trade zone.

Akinmade said needless to say, this was a bad/unfair decision. The present State Administration could not in all good conscience allow such an unconscionable and baseless decision, which would dissipate the commonwealth of the good people of Ogun State, to stand.

“Accordingly, and based on erudite legal advice, this Administration resolved to resist the enforcement of the award. The resistance was successful in 8 different jurisdictions. Currently, there are pending appeals against recognition orders issued in both the US and UK,” he said.

“On the further advice of counsel, Ogun State also engaged Zhongshan in settlement discussions on reasonable terms. The last meeting attended by several officials of Ogun State, including His Excellency Prince Dapo Abiodun – the Governor of Ogun State, and the Honourable Attorney General/Minister of Justice lasted for three days, in September 2023 in London.

“Zhongshan’s initial reasonable readiness to consider Ogun State’s offer, was surprisingly reversed by the second day, with an insistence on the payment of the full debt. This led to a breakdown of the mediation, with parties agreeing to meet again in the first quarter of this year.

“Since then, Zhongshan has in bad faith been evasive and instead embarked on a series of enforcement proceedings which the legal team appointed by the FGN and Ogun State have successfully opposed. In cases similar to the present one where Zhongshan obtained an ex-parte order, Ogun State has successfully set aside the orders.

“We naturally regret any embarrassment this has caused the Federal Government of Nigeria, HE President Asiwaju Bola Tinubu, GCFR and the good people of Ogun State and re-affirm our commitment to constantly and consistently protect the integrity of the nation and its assets.

“We have taken all necessary legal steps to ensure that this spurious and baseless order is vacated within the shortest possible time. As a sovereign nation, whose assets are protected by laws of sovereign immunity, we vow to resist any attempts at blackmail and theatrics clearly designed to extort and embarrass our dear country.

“It is important to note that Ogun State never gave up on a reasonable settlement option, with the most recent letter sent to Zhongshan, last week.

“Unfortunately, Zhongshan only responded after obtaining this latest order. A reasonable and objectively quantifiable settlement figure has always been our preference and continues to be an option in the resolution of this protracted dispute.”

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65% of Nigeria’s poor people live in North – ActionAid

An analysis of Nigeria’s Multidimensional poverty index by ActionAid Nigeria has revealed that about 65 percent of poor people, that is 86 million people live in the northern part of the country, while 36 percent, nearly 47 million people live in the South.

The analysis indicated the poorest states in the country to include Sokoto, Bayelsa, Jigawa, Kebbi, Gombe, and Yobe, but cannot determine which of these states is the poorest.

The organisation disclosed this at the launch of its report on Austerity Measure, poverty and Gender Inequality in Nigeria in Abuja, saying Nigeria’s Multidimensional Poverty Index (MPI) for 2022 found that 63% of the population, amounting to approximately 133mn Nigerians, are multidimensionally poor.

Analysing the report, the Country Director of ActionAid Andrew Mamedu noted that Poverty and inequality do not just happen; they result from economic, social, and political decisions made by the state and citizens.

He said “The critical policy decisions reflected in the key macroeconomic indicators show the rate and trend of poverty and inequality. Extant Nigerian negative indicators on gross domestic product (GDP) growth, inflation, interest rate, unemployment, debts, and deficits, among others, can only lead to one direction, increased poverty.”

Mamedu further stated that the underlying cause of the current spate of poverty is rooted in the heavy burden of austerity measures, imposed as part of broader macroeconomic policies.

He disclosed that based on their research, from 2010 to 2020, Nigeria’s debt stock ballooned by over 300%, reaching a staggering ₦31 trillion by the end of 2020​ , and as of March 31st, 2024, debt stock stands at USD 91,463.99, an equivalent of N121, 670.49. trillion consuming 74% of government revenue and leaving little for vital sectors such as education, healthcare, and social protection​.

He pointed out that keeping large numbers of people excluded from access to economic resources, employment, healthcare, adequate food, clean water and sanitation, education, skills, and technology, will result in a reduction of future productive human potential.

He stressed that well-designed and sustained investments in areas such as maternal and child health, education, and social protection would yield significant dividends for society.

“Conversely, no society can expect to achieve sustained economic and social progress while significant numbers of its population often disproportionately women and girls – are poorly nourished, in poor health, and lack the education and/or skills needed for their own and their families’ development,” he stated

The Minister of Budget and National Planning Atiku Bagudu who was represented by the Director of Microeconomic Philip Okwonkwo wondered if poverty and inequality could be tackled at the same time.

He maintained that the issue of poverty is a global phenomenon as it is not unique to Nigeria and Africa alone and harped on the need for stakeholders to collaborate to empower the poor people in society.

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Tinubu Skips UNGA, Shettima to Lead Nigeria’s Delegation

The Presidency has announced that President Bola Tinubu will not be attending the 79th United Nations General Assembly session in New York this year.

According to a statement released by his spokesperson, Bayo Onanuga, on Thursday, President Tinubu has decided to prioritise domestic issues and address the country’s challenges, particularly in the aftermath of the recent devastating flooding.

As a result, Vice President Kashim Shettima has been directed to lead Nigeria’s delegation to the UNGA 79.

During the session, which runs from September 24 to 28, 2024, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, participate in key sideline events, and engage in bilateral meetings.

The high-level general debate will focus on the theme “Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations.

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Southwest pensioners reject N70k minimum wage, urge new negotiations

The Nigeria Union of Pensioners, South West zone, on Thursday rejected the N70,000 minimum wage that the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) negotiated, which was signed into law by President Bola Tinubu.

They urged organised labour to return to the negotiating table while blaming them for allowing the Federal Government to trick them into accepting the amount in the first place.

The NUP Southwest noted that before the N70,000 was even implemented, the federal government had gone ahead to further increase the price of petrol, saying that the NLC and TUC that went into that negotiation were blindfolded and naïve.

The pensioners also said that they wholeheartedly support the autonomy of the local government, provided that whatever arrangement is being put in place, the pensions of primary school teachers and the local government pensioners at the local level are not to be tampered with.

The NUP Zonal Public Relations Officer and Secretary of Oyo State NUP, Dr Olusegun Abatan, stated this in Ado-Ekiti, the Ekiti State capital, while addressing newsmen after the zonal meeting of the pensioners.

He said that labour leaders ought to be more clever when dealing with politicians.

“There are two burning issues that we need to put forward to the public domain. The first issue is the agreement between labour and the Federal Government over the minimum wage of N70,000,” he said.

“The NUP Southwest debated it extensively and we found out that before the N70,000 was even implemented, the federal government had gone ahead to further increase the price of petrol. And we concluded that the two labour centres that went into that negotiation were blindfolded; they went there naïve.

“They forgot that when you are dining with the devil, your spoon must be very long, and when you are dining with the politicians, your spoon must be longer than that of the devil. So, the federal government took advantage of their naivety and the inexperience of Comrade Ajaero and Osifo by tricking them into accepting N70,000 and that they would not increase fuel prices.

“But no sooner did they agree than the federal government went ahead to increase the price. To that extent, the NUP Southwest is rejecting the minimum wage that the labour has negotiated and advises that they should go back to the negotiating table and insist on the N250,000 they initially wanted.

“What is the value of N70,000? It is just about sixty litres of fuel. We say they should return to the negotiating table, and if going on strike will bring about an improvement, then we will support it. These people are not reducing their level of enjoyment; rather, their level of profligacy is increasing minute by minute. It is only the workers that are expected to tighten their belts; they don’t even have belts because their stomachs are too big to take a belt.”

On Local Government Autonomy, Abatan said, “NUP wholeheartedly supports it. But with the condition that whatever arrangement is being put in place, the pensions of primary school teachers and the local government pensioners at the local level are not to be tampered with. The salaries of working teachers should also continue. The salaries of LG workers and allowances of the traditional rulers should be taken care of as the first-line charges.”

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Nigeria’s Super Eagles maintain 39th position on World Rankings

Super Eagles

Nigeria’s Super Eagles have retained their 39th position in the latest FIFA men’s world rankings released on Thursday. During the review period, the Super Eagles played two matches.

They secured a 3-0 victory over the Cheetahs of Benin Republic and were held to a 0-0 draw by the Amavubi of Rwanda. Both matches were qualifiers for the 2025 Africa Cup of Nations.

On the African continent, the three-time AFCON champions are ranked sixth.

The top five teams in Africa are Morocco, Senegal, Egypt, Cote d’Ivoire, and Tunisia.

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Trending Kitchen Styles of 2024: Latest Design Inspirations

The kitchen, often considered the heart of the home, has evolved into a space where functionality meets style. As we navigate the ever-changing landscape of interior design, 2024 brings forth a fresh wave of kitchen trends that blend innovation, sustainability, and timeless elegance. In this article, we’ll delve into the most sought-after kitchen styles, exploring their defining features, materials, and color palettes to inspire your next renovation or design project.

1. Modern Farmhouse

Characterized by:

  • Exposed beams and shiplap.
  • Rustic wood accents.
  • Matte black fixtures.
  • Soft neutral color schemes.

Image: A modern farmhouse kitchen featuring reclaimed wood cabinets, metal pendant lights, and a large island.

2. Industrial Chic

Defined by:

  • Exposed brick and concrete.
  • Metal accents and piping.
  • Reclaimed wood.
  • Bold color contrasts.

Image: An industrial-chic kitchen showcasing metal beam ceilings, concrete countertops, and vintage appliances.

3. Coastal Cool

Features:

  • Light, airy color palettes
  • White or pastel-hued cabinets
  • Natural textures (woven baskets, jute rugs)
  • Glass or stainless steel accents

Image: A coastal kitchen with soft blue cabinets, white marble countertops, and a nautical-themed backsplash.

4. Mid-Century Modern

Characterized by:

  • Clean lines and minimal ornamentation
  • Walnut or teak cabinetry
  • Retro-inspired appliances
  • Bold, geometric patterns

Image: A mid-century modern kitchen featuring walnut cabinets, vintage-style lighting, and a geometric-tiled backsplash.

5. Scandinavian Minimalism

Defined by:

  • Light woods (birch, beech)
  • Minimal ornamentation
  • Functional, handle-less cabinets
  • Monochromatic color schemes

Image: A Scandinavian-inspired kitchen with birch cabinets, a minimalist island, and sleek, handle-less drawers.

6. Rustic Reimagined

Features:

  • Reclaimed or distressed wood
  • Earthy color palettes
  • Natural stone or brick
  • Vintage decorative accents

Image: A rustic kitchen with reclaimed wood cabinets, natural stone countertops, and vintage metalware.

7. Smart Kitchens

Characterized by:

  • Integrated smart home technology
  • Touchless faucets and voice-controlled appliances
  • High-gloss finishes
  • Sleek, modern cabinetry

Image: A smart kitchen featuring touchless faucets, voice-controlled lighting, and a sleek, high-gloss island.

8. Sustainable Kitchens

Defined by:

  • Eco-friendly materials (recycled glass, bamboo)
  • Energy-efficient appliances
  • Water-conserving fixtures
  • Natural, non-toxic finishes

Image: A sustainable kitchen showcasing recycled glass countertops, bamboo cabinets, and energy-efficient appliances.

As we explore these trending kitchen styles, remember to balance functionality with personal taste. Whether you’re drawn to modern farmhouse charm or Scandinavian minimalism, incorporate elements that reflect your lifestyle and aesthetic preferences. With inspiration from these designs, create a kitchen that’s both beautiful and functional – the perfect heart of your home.

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OPEC Boss: High Taxes, Not Oil Prices, Behind Global Fuel Price Increases

Fuel price hike

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has attributed rising fuel costs primarily to the taxes imposed by major oil-consuming nations, rather than the price of oil itself.

In a recent statement, Al Ghais clarified that fuel prices at the pump are influenced by multiple factors, including crude oil prices, refining, transportation, marketing costs, oil company margins, and most notably, taxes.

His comments come at a time when Nigeria has witnessed several petrol price hikes over the past year.

The latest increase, announced by the Nigerian National Petroleum Company Limited (NNPC) on Monday, saw prices rise to between N950 and N1,019.22 per liter at its retail outlets.

Al Ghais emphasized that revenues generated by oil-producing countries are frequently reinvested into their domestic oil sectors, supporting activities such as exploration, production, and transportation.

However, he noted that governments in oil-consuming nations collect substantial revenue through taxes on petroleum products.

He pointed out that in 2023, taxes made up an average of 44 percent of the final retail fuel price in Organisation of Economic Co-operation and Development (OECD) countries, showing a year-on-year increase.

For many consumers, he explained, these taxes have a greater impact on their wallets than the crude oil price itself.

“It is the sovereign right of countries to set their own tax policies,” Al Ghais remarked.

“But when concerns arise about the impact of high fuel prices on people’s disposable income, it’s crucial to remember how much of the cost is due to taxes funneled to finance ministries globally.”

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