NEWS
Emefiele Probe: Don’t Let Yourselves Be Used By Politicians – Saraki Tells DSS
The plot to remove Godwin Emefiele as governor of the Central Bank of Nigeria (CBN), according to former Senate President Bukola Saraki, is connected to the 2023 election.
The former governor of Kwara issued a warning to security organizations not to allow themselves to be used to rig the presidential election.
Emefiele was accused of supporting terrorism and committing economic crimes by the Department of State Services (DSS), which hurts the apex bank’s reputation and raises concerns about additional currency depreciation.
Saraki stated this in a statement on Wednesday through his Media Office in Abuja, while reacting to the recent court case in which the De-partment of State Services (DSS) accused the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, of terrorism and other sundry charges.
DSS seeks a court order for Emefiele’s arrest.
“As somebody who had been wrongly accused of involvement in the Offa robbery by political opportunists and manipulators before their evil plots are now beginning to unravel in the court of law, I feel that a similar intrigue is being woven by those who are bent on sabotaging the 2023 election as the obvious outcome is not going their way.
“In this court case in which the CBN governor is being accused of terrorism through a suit which the Federal High Court has now described as frivolous and without con- crete evidence, my position is not to support Emefiele but to support democracy which is being targeted by the plotters.
“With all the due respect that I have for the DSS as a very professional security agency, I still find it very difficult to understand what led to the charges, why concrete evidence that will enable the court to take a good decision was not provided and why the department gave room for suspicion and speculations as the case file has gaping holes as noted by the Honourable Judge John Tsoho.
“One of the suspicions this case has raised is that it is part of a grand plot by those who want to undermine and sabotage the coming general election because their calculation on vote buying, rigging, and excessive use of money is falling apart.
“The CBN guidelines have derailed the plan of those who believe that they will not allow the ‘one man, one vote’ system in which the electorate freely choose their representatives in a fair and peaceful atmosphere.
“I urge the DSS, police, Nigeria Security and Civil Defence Corps (NSCDC), the military, and all security agencies to be wary of political manipulators, despots, and anarchists who may want to use the case to derail the free and fair election regime that the new Electoral Act, Independent National Electoral Commission (INEC) and President Muhammadu Buhari have promised.
“These same undesirable elements in the political process have attempted to use the National Assembly to scuttle the electoral process by frustrating the provisions on electronic transmission of results, use of Biometric Voters Accreditation System (BVAS), the new guidelines on currency change and cash withdrawal. They failed. They have also put pressure on the presidency to reverse some of these innovations.
“They did not succeed. Now, they are resorting to the use of the judiciary.
“Their desperate resort to the manipulation of the judicial process and the use of security agencies that may be inadvertently lending support to the plot without knowing the full implication and ramifications should remind Nigerians of the antics of the Association for Better Nigeria (ABN) which was used by antidemocratic elements during the military transition programme in the early 90s.
“I, hereby, urge the security agencies to distance themselves from the anarchists and anti-democratic elements masquerading as democrats or political players.
“With the current situation in the country, all the citizens, national institutions, residents, and foreign friends of Nigeria should commit to the goal of having free, fair, peaceful and credible polls in 2023.
“It is my prayer that next years election should provide a positive turning point for rebuilding, refocusing, resetting, redeeming, restructuring, repositioning, and revamping our country.”
NEWS
Fuel Pricing: PETROAN Accuses Dangote Refinery Of Monopoly
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over alleged monopolistic practices by Dangote Refinery, following a public dispute about fuel pricing in the downstream petroleum sector.
Recall that the refinery, Africa’s largest, recently disclosed its petrol pricing at N990 per litre in trucks and N960 per litre into ships, a move it justifies as being in line with international rates.
READ MORE: Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes
PETROAN, however, sees this as an attempt to suppress competitors and dominate the Nigerian market.
The rift began when Dangote Refinery claimed that complaints from marketers regarding its pricing were fueled by intentions to import cheaper, potentially substandard products.
In response, PETROAN strongly rejected these allegations, suggesting that Dangote’s claims are tactics designed to maintain a monopoly in the sector.
Joseph Obele, PETROAN’s spokesperson, stated that the association remains committed to importing high-quality products at more competitive rates to ensure affordability for Nigerian consumers.
According to PETROAN, competition in the market is essential for achieving fair pricing, and any attempt to stifle it would be detrimental to consumers.
They argue that Dangote Refinery’s pricing should reflect production costs and fair margins rather than international benchmarks, especially given concessions granted by the government for the refinery’s establishment.
PETROAN also announced its plans to partner with foreign refineries and financial backers to import premium-quality petroleum products at prices below current rates.
The association aims to enter the market by December 2024, pending necessary regulatory approvals.
“The allegations that PETROAN will import substandard products are unfounded and aimed at creating an unfair playing field,” the statement read.
PETROAN warned that similar claims in the past had led to significant price hikes when competitors were pushed out, emphasizing that the entry of new players into the market would lead to more competitive pricing and ultimately benefit Nigerian consumers.
PETROAN expressed appreciation for President Bola Tinubu’s commitment to revitalizing Nigeria’s state-owned refineries and urged the government to consider privatizing the Port Harcourt and Warri refineries once rehabilitation is complete.
The association believes a transparent privatization process will help strengthen Nigeria’s downstream sector and counter monopolistic tendencies.
To address the ongoing pricing challenges in the sector, PETROAN called on the government to convene a comprehensive meeting of industry stakeholders, including major associations like IPMAN, DAPPMAN, MEMAN, NUPENG, and PENGASSAN.
PETROAN believes that collaboration among these groups will be instrumental in establishing a sustainable and competitive pricing framework for petroleum products in Nigeria.
NEWS
Hardship: Let Us Intensify Prayers For Our Leaders – Sultan Of Sokoto Tells Nigerians
Sultan of Sokoto, Sa’ad Mohammad Abubakar II, has called on Nigerians to avoid publicly criticizing their leaders, instead urging citizens to place their trust in God to address leadership concerns as He deems fit.
Speaking at the Regional Conference on Climate Change-Induced Conflicts in Northern Nigeria, organized by the Kaduna State Bureau of Interfaith in collaboration with International Alert, the Sultan emphasized faith and patience in navigating the country’s challenges.
READ ALSO: Gunmen Attack Police Facility In Owerrinta, Female Detainee Killed
Acknowledging Nigeria’s current economic and social hardships, the Sultan encouraged continuous prayer, not only for the nation but for its leaders as well.
“Even though many feel times are particularly hard, we believe relief will come. Let’s increase our prayers for our leaders, trusting God to address them in His way,” he said, expressing hope that divine intervention could bring stability and prosperity.
The Sultan reminded political leaders of their ultimate accountability to God, cautioning that they will stand alone on the Day of Resurrection, with only their deeds to support them.
“On that day, every leader will stand alone. Governors, advisers—none will have support except their own deeds. Let us act with a deep sense of responsibility and fear of God,” he stated.
Addressing religious leaders, he warned against misleading their followers for personal gain, underscoring the trust many place in their religious guidance.
“Only God can save any human being,” he said, encouraging Nigerians to remain faithful and discerning in their spiritual beliefs. “Focus on worshiping Allah and leave the rest to Him. Don’t follow those who might lead you astray.”
With leaders from various religious communities, including the President of the Christian Association of Nigeria (CAN), in attendance, the Sultan called for unity, resilience, and communal effort to tackle pressing issues such as climate change, poverty, and insecurity in the northern region.
He praised the North’s history of unity and resilience, warning against divisive narratives that threaten communal harmony. “When we are united, we can face any challenge and build a prosperous community,” he asserted.
The Sultan’s remarks come amid ongoing social and environmental issues in the region, including a recent surge in climate-related challenges that have exacerbated poverty and security threats.
In light of these issues, he called on both Muslims and Christians to intensify their prayers, saying, “Our country faces many challenges, and we must turn to God in prayer. Let us intensify prayers in our mosques and churches.”
NEWS
#EndBadGovernance Protests: Tinubu Orders Release Of Detained Minors
In a decisive move, President Bola Tinubu has ordered the immediate release of all minors detained by police during the recent #EndBadGovernance protests.
The directive, announced by Minister of Information and National Orientation, Mohammed Idris on Monday, underscores the government’s commitment to protecting children’s rights and ensuring justice.
Related News: EndBadGovernance Protests: Court Sets N10m Bail Each For 67 Minors
Idris confirmed that President Tinubu’s directive prioritizes the welfare of detained minors, instructing the Ministry of Humanitarian Affairs to facilitate their safe reunification with their families.
A committee led by the Ministry of Humanitarian Affairs will be established to oversee the welfare of the released minors and ensure compliance with the president’s orders.
Additionally, President Tinubu has directed a formal investigation into the actions of law enforcement agencies involved in the arrests.
The president emphasized that any misconduct uncovered during the investigation will result in disciplinary action, affirming his administration’s dedication to accountability within law enforcement.