NEWS
Regional Govt: Bill Lands President’s Table Friday
It might just be that President Bola Ahmed Tinubu would go down in history as the king of reformers, with the bill on return to regional system of government set to land his table this Friday.
Biztellers reports that the proposed law was authored by a chieftain of the Yoruba socio-cultural association, Afenifere, Akin Fapohunda, and titled, “A Bill for an Act to substitute the annexure to Decree 24 of 1999 with New Governance Model for the Federal Republic of Nigeria’.
It seeks, inter alia, new extant laws to be cited as “The Constitution of the Federal Republic of Nigeria New Governance Model for Nigeria Act 2024.”
It was gathered that Fapohunda told The PUNCH on Thursday that the bill would be transmitted to the President on Friday.
He revealed, “I’m submitting my letter (draft bill) today but I will wait for seven days before releasing it to the public.”
Fapohunda also represents the Coalition of Indigenous Ethnic Nationalities (CIEN) was cite by The PUNCH that the organisation is proposing the division of the country into eight geo-political regions with approximate interim boundaries.
He listed the proposed regions, thus Southern Region to be made up of Akwa-Ibom, Bayelsa, and Cross Rivers States and “Optional inclusions of the Annang, Effik, Ekoi, Ibibio, Oro Ohaji/Egbema in Southern Imo, the Adonia, Efemia, Ijaw, Ogoni, Bini, Ishan, Isoko, Urhobo and the Ijaw-speaking people in Northern Ondo State with land contiguity.”
He continued, “The South Eastern Region consists of Abia, Anambra, Ebonyi, Enugu, and Imo States. The Western Region comprises Lagos, Ogun, Ondo, Osun, Oyo, and Ekiti States, incorporating the Yoruba-speaking people in Kogi and the Igbomina people in Kwara State. Additional options would be the Itsekiri people of Delta State and Akoko-Edo people of Edo State to make their respective choices.”
Others include the Mid-Western Region, “Made up of Edo and Delta States, possibly incorporating the Anioma people and the Eastern Middle Belt Region comprising Northern Cross River, Southern Kaduna, Southern Borno, Adamawa, Benue, Kogi, Plateau, Nasarawa and Taraba States.”
The Western Middle Belt Region comprises Southern Kebbi, parts of Kwara and Niger States while the North Eastern Region will be made up of parts of Borno, Gombe, Bauchi, Jigawa, and Yobe States.
The North Western Region, according to the Afenifere chieftain, comprises Kaduna, parts of Kebbi, Kano, Katsina, Sokoto and Zamfara States.
Fapohunda said the coalition envisaged a two-tier government, federal and regions, adding that the latter would be at liberty to manage her affairs, “Including the creation of sub-entities, based on the stipulations that are agreed upon and embedded in their respective constitutions.”
In its proposed governance stipulations, CIEN stated that “In the quest for re-configuration and downsizing, an option to consider might be to retain the present boundaries of the 36 States, as would have been adjusted, but to creatively downgrade the paraphernalia of political administration as follows:
“To introduce a new regional government framework with executive and legislative functions and bodies with the headship title of Premier.
“In the new dispensation, the present States (for example the six in the Western region) would be converted to provinces. Governance at this level shall be by Provincial Councils that integrate executive and legislative functions, with Chairman and Support Specialist Administrative Officers. The regions shall be at liberty to create provinces, subject to viability and self-sustainability.
“The present Local Government Areas are to be transformed into divisions, with divisional managers and specialist administrative officers; to operate as socio-economic development institutions. The new provinces shall also be at liberty to create divisions, subject to viability and self-sustainability.”
The coalition also proposed a new constitution to embody novelties including freedom of the regions to “Create, merge and or re-configure their sub-political units and may adopt provinces, divisions or districts as may suit their circumstances without interference from any other authority.
“Regions and sub-regional entities are to be reconfigured such as would reduce the cost of public and civil service administration to less than 20 to 30 per cent of generated revenue.
“In drafting their Constitutions, the peoples of the respective regional territories will take a cue and also dismantle any arrangement or configuration that will favour the politicians and the political class; with a focus on freeing resources for true development.
“A uni-camera federal legislature comprising members that are elected at the discretion of the regions for which they would be representatives at Abuja.
“Decentralization of federal power in favour of not more than 10 regions on which there is a general national consensus, rather than the presently unwieldy number of 36 States. These old States are inconsequential indeed in being a viable unit of a truly federal system of government.”
In all, the coalition proposes that the Federal Government “Shall comprise not more than nine Ministries and Ministers,” adding that “The very big United States has just 15 Cabinet Ministers, while Nigeria is not even up to just a State of Texas or New York.”
The group is also advocating a return to the parliamentary mode system of government “Built-in statutory rotation of headship among the regions.”
NEWS
N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden
Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.
In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.
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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.
The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.
“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.
He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.
“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.
Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.
“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said
He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.
“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”
Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.
He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.
“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.
Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.
“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.
He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.
International News
ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others
The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.
In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”
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The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.
Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.
The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.
With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.
NEWS
Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles
Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.
The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.
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Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.
He urged the committee to carry out its assignment thoroughly and within the bounds of the law.
In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.
“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.
“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”
The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.
“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”
He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.
“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.
The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.