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Rights group asks President Buhari not to allow sale of Polaris Bank

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Rights group asks President Buhari not to allow sale of Polaris Bank

***Warns of negative consequences on APC in 2023

By John Danjuma

The Human Rights Writers Association of Nigeria, (HURIWA) has called on President Muhammadu Buhari, not to allow plot to sell a Commercial Bank (Polaris Bank) as reported in a section of the media.

A news platform had reported that the CBN had allegedly proceeded with the secret sale of the distressed bank.

The civil rights advocacy group said if the Commercial Bank is sold it will not only compound the harsh economy Nigerians were going through but negatively affect the electoral fortune of the ruling All Progressives Congress (APC) in 2023 general elections.

Although the management of Polaris Bank Limited had debunked reports, describing it as a “fake news report”, urging the public to disregard it.

The Bank through a statement described the report as speculative and deliberately intended to create panic.

But a statement of caution released by Tuesday in Abuja by the national coordinator of HURIWA, Emmanuel Onwubiko, criticised the alleged lack of transparency and the shadiness in the reported sale of Polaris Bank allegedly by the CBN.

While calling on the President to avoid negative effect of such move against the APC, HURIWA said: “President Buhari should stop the illegal sale of the bank immediately. The CBN governor has apparently been misinforming the President to approve ridiculous sales just as he wrongly advised the President to approve the sale Exoon Mobil to Seplat and the attendant bank and forth.

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“Recall that Emefiele was also allegedly fingered in the ridiculous sale of 104-year-old Union Bank by two-year-old Titan Trust Bank.

“The Economic and Financial Crimes Commission should have probed the CBN governor over this allegation which is contrary to Sections 9 and 11 of the CBN ACT 2007 but as usual, the former presidential aspirant of the All Progressives Congress, is an untouchable cabinet member of President Muhammadu Buhari.

“The CBN should be stopped from allegedly selling off banks in the country to cronies and friends as end-of-tenure benefits.”

The statement also called on the apex bank to issue a statement statement on the position of the bank on the matter in order to douse tension among the customers and stakeholders of the Bank.

According to HURIWA, “It is concerning that the so-called sale lacks transparency and is shrouded in so much darkness as no due diligence was not carried out, no tender, no advertisement to create public awareness, nothing, just some kangaroo and arrangee sale.

“To be exact, selling a bank which over N1.2 trillion was used to rescue at an alleged N40 billion is highly ridiculous and scandalous.”

NEWS

Kano Businessman’s Daughter Kidnapped After ₦8m Ransom Payment

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In a shocking incident on Sunday morning, unknown gunmen suspected to be kidnappers invaded the home of Alhaji Auwal, a prominent businessman, in Garo Town, Kabo Local Government Area of Kano State.

The gunmen, estimated to be around 10 in number, forced their way into the residence, breaking down a door to gain entry.

An anonymous source revealed that the attackers were heavily armed, with three carrying firearms and the rest wielding other weapons.

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They quickly gathered the entire family in one room, instilling fear and panic in the household.

According to the source, Alhaji Auwal pleaded with the assailants to spare his family and agreed to meet their demands.

The kidnappers, who were determined to extort money, received ₦8 million from the family.

Despite this payment, the gunmen took the businessman’s eldest daughter, Zainab, a secondary school graduate, before fleeing the scene.

The whereabouts of Zainab remain unknown, and as of now, the kidnappers have not contacted the family.

This abduction comes just 48 hours after the tragic kidnapping and subsequent murder of former Gombe State Permanent Secretary, Atiku Mu’azu, who was killed by gunmen after a ₦10 million ransom was paid.

The two incidents have left the residents of Kano in shock and fear, prompting calls for increased security measures in the area.

Attempts to reach the spokesperson for the Kano Police Command, SP Abdullahi Haruna, for comment were unsuccessful as his phone remained unreachable.

Authorities have yet to make any official statements regarding the investigation.

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International News

Colombia Blocks US Deportation Flights Over Migrant Treatment

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In a bold move, Colombian President Gustavo Petro declared on Sunday that he would not allow US deportation flights carrying Colombian migrants to access his country’s airspace.

The left-wing leader took to X (formerly Twitter) to express his strong stance, stating, “The United States cannot treat Colombian migrants as criminals. I forbid entry to our territory to US planes carrying Colombian migrants.”

Petro made it clear that such flights would only be accepted once Washington established a protocol to ensure the “dignified treatment” of deported migrants.

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The president later confirmed in a separate post that he had already turned back US military planes that were en route with Colombian migrants on board, although he did not provide further specifics on the matter.

While AFP sought confirmation from US authorities regarding the blockade of deportation flights, no immediate response was forthcoming.

Petro’s statements come just a day after Brazil’s government voiced similar outrage over the treatment of deported Brazilians.

Brazil condemned the US administration under President Donald Trump, citing instances where Brazilian migrants were deported while handcuffed on flights, describing it as a “flagrant disregard” for their basic rights.

In his remarks, Petro emphasized that he would be open to allowing civilian US flights to transport deported migrants as long as they were not subjected to treatment “like criminals,” signaling a broader call for humane treatment of migrants under international deportation policies.

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NEWS

Four Dead, Many Injured As Explosion Rocks Niger State Mining Site

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An explosion at a mining site in Sabon Pegi, Mashegun Local Government Area of Niger State, claimed the lives of four individuals and left several others injured on Sunday morning.

The blast occurred as miners resumed operations, sending shockwaves through the community.

While the exact cause of the explosion remains undetermined, local residents have pointed to the poor handling of explosive devices by mining companies as a possible factor.

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The incident has sparked concerns about safety practices within the mining sector.

Community sources confirmed the recovery of four bodies, but authorities fear the death toll could rise.

Investigations are ongoing to establish the cause of the blast and assess the full extent of the damage.

One resident, Aminu, described the chaos that followed the explosion. “The sound was so loud that many of us thought it came from the hydroelectricity dam nearby. People panicked and ran into the bush for safety,” he recounted.

Another community member highlighted the potential role of mining operations in the tragedy.

“Mining companies here frequently use explosives during their activities, and this seems like an operational issue, not something related to terrorism,” the resident said, dismissing concerns about a security threat in the area.

As of the time of reporting, neither the state government nor security agencies have released an official statement regarding the explosion.

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