NEWS
Boss Mustapha Reveals Activities For Tinubu’s May 29 Swearing-In Ceremony
Boss Mustapha, Chairman of the Presidential Transition Council, has unveiled the comprehensive lineup of activities for the swearing-in ceremony of Bola Tinubu as Nigeria’s President on May 29.
The inauguration proceedings are scheduled to commence on Thursday, starting with the official conferment of the Grand Commander of the Order of the Federal Republic to Bola Tinubu, and the Grand Commander of the Order of the Niger to the Vice-President-elect, Kashim Shettima.
A director from the Ministry of Foreign Affairs has confirmed that numerous African leaders have expressed their intention to attend the inauguration ceremony, which is set to be held at Eagle Square in Abuja.
According to an anonymous director from the Ministry of Foreign Affairs, invitations have been extended to all 54 African countries for the inauguration.
The director further stated that they anticipate the presence of at least 65 world leaders from Africa, Europe, and America at the event. However, the director requested anonymity as they are not authorized to speak on the matter.
He said “We have 54 countries in Africa and most of them have been invited to the inauguration; so, we don’t expect less than 65 world leaders from Africa, Europe and America at the event,’’
The upcoming high-profile event is expected to be attended by representatives from Nigeria’s traditional allies, including the United States, the United Kingdom, Canada, France, Saudi Arabia, United Arab Emirates, Pakistan, China, Germany, Finland, Jamaica, Japan, Israel, Turkey, and several other countries.
Boss Mustapha, the Secretary to the Government of the Federation, announced during a press briefing in Abuja that numerous world leaders will participate in the event as activities for the transition of power to the incoming administration have commenced.
As the inauguration of former Lagos State governor Bola Tinubu approaches, preparations for the event are intensifying.
Meanwhile, the legal battle challenging Tinubu’s election victory, initiated by the Peoples Democratic Party’s candidate Atiku Abubakar and the Labour Party’s candidate Peter Obi, is ongoing at the Presidential Election Petitions Court.
On Thursday, the court adjourned further proceedings in Atiku’s petition until Friday (today) to continue pre-hearing sessions and address pending applications submitted by the respondents.
The panel led by Justice Haruna Tsammani has stated that the court will determine the number of witnesses allowed for each party, allocate time for their presentations, and set time limits for cross-examination.
The panel encouraged the parties involved to collaborate and reach an agreement on the additional procedures to be followed.
In a similar vein, the court adjourned Peter Obi’s petition until today due to the parties’ inability to reconcile the relevant documents related to their claims.
Mustapha went on to outline the activities for the event, stating that transition documents would be officially handed over to Tinubu and Shettima on the same day.
In addition, Mustapha announced that the former president of Kenya, Uhuru Kenyatta, has been designated to deliver the inauguration lecture.
The lecture, titled “Deepening Democracy for Integration and Development,” is scheduled to take place on May 27.
The series of activities surrounding the inauguration also includes a Regimental Dinner honoring the Commander-in-Chief at the Armed Forces Officers Mess on May 23, a Valedictory Federal Executive Council Meeting at the Council Chambers in the Presidential Villa on May 24, a Public Lecture and Juma’at prayer at the National Mosque on May 26, a Children’s Day Parade and Party on May 27, and an Inter-denominational Church Service at the National Christian Centre on May 28.
Furthermore, an Inauguration Dinner/Gala Night is scheduled to be held at the State House Conference Centre on May 28. The main event, the inauguration and swearing-in of the President-elect and Vice President-elect, will occur on May 29.
The occasion will be accompanied by an inauguration parade taking place at the Eagle Square.
Following the inauguration ceremony, a post-inauguration luncheon exclusively for the President, fellow Presidents, Heads of Government, and distinguished guests will be held at the State House Banquet Hall.
The Secretary to the Government of the Federation (SGF) disclosed that numerous world leaders have expressed their interest in attending the event.
He said “So far, invitations have been sent to Presidents and Heads of Government as well as Heads of international organisations. We are also glad to report that many of these invitees have confirmed attendance in person.
But when asked about the identities of the leaders, the SGF said, “Diplomatic privilege does not allow us to announce the number of people coming. If you know what is happening globally, we cannot tell you who is coming. We leave that to their embassies to make it public.”
Mustapha insisted that the handover would hold despite the court cases seeking the cancellation of the ceremony.
The transition committee chairman noted, “The inauguration would not be stopped pending the determination of the cases in court. This is not the first time we have had elections. In my political life, I have seen different transitions.
‘’From Shagari’s period to Buhari, the inauguration went on despite court cases. In 2003, Buhari spent months at the tribunal up till the Supreme Court. He repeated the process three times. The only election that was not litigated was in 2015 when Jonathan conceded defeat. With or without litigation, the handover will be held on May 29. The Constitution and Electoral Act are clear on this.”
‘’I am delighted to inform you that May 29, 2023, will mark the seventh consecutive democratic transition of power in Nigeria and on that day, we shall all be ushering in the 16th President of the Federal Republic of Nigeria.
According to him, the transition council interfaced and learnt from the transition processes practised in the United States of America and Kenya, expressing hope that Nigeria would have legislation on presidential transition soon.
Mustapha said, “In furtherance of discharging its functions, the PTC also interfaced with leading democratic nations including the United States of America and the Republic of Kenya, as part of its learning efforts to pick up useful lessons in line with international best practices.
“It is important to also state that these countries have specific legislations on Presidential Transition, some of which date back to 1963. It is our expectation that specific legislation on presidential transition in Nigeria would be passed soon.”
Boss Mustapha reassured that comprehensive measures have been implemented to ensure the security and safety of all individuals during the inauguration period.
The Chairman of the Security, Facilities, and Intelligence Committee, and National Security Adviser, Babagana Monguno, further stated that a combination of covert and overt operations has been arranged to secure the event venues and hotels designated for guest accommodations.
Monguno emphasized that they do not anticipate any attacks during the events, but issued a warning to individuals without valid reasons to stay away from the event venues.
He said, “Our primary function is to provide both overt and covert security cover for all the venues where the stated activities would be held, including the hotels where guests would be staying. The span of our work is before, during, and after the inauguration.
‘’My advice is that if you have no business at the venue, you need not be there. The most important message I would like to pass across to you is that we do not envisage anything negative. Everybody should be calm, especially those coming from other countries.” he added.
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.