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President Buhari Calls For Adoption Of Gas As Transitional Fuel

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President Muhammad Buhari

Nigeria has called for greater collaboration among Africans to effectively confront challenges such as climate change, public health, local vaccine production, among others.

Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement, said that President Muhammadu Buhari made the call on Wednesday in Abuja.

Buhari spoke at a meeting of the African Union (AU) on the New Partnership for African Development(NEPAD).

The meeting was under the auspices of the 39th Session of the NEPAD Heads of State and Government Orientation Committee (HSGOC), at the margins of the 35th Ordinary Session of the African Union.

Represented by Vice President Yemi Osinbajo at the virtual event, Buhari said the continent needed to brace up for wider cooperation in public heath.

“To prepare itself more for intra African collaboration to fight public health challenges, work together to promote vaccine production in Africa, and prompt response to climate change and the zero-emissions targets.

Coca Cola vs Pop Cola: Court fixes 22 February for ruling on interlocutory application

“The COVID-19 pandemic has severely weakened our economies but it has also left important lessons.

“One is that Africa needs to prepare itself more for intra African collaboration to fight public health challenges, especially those of pandemic scale.

“We must work together to promote vaccine production in Africa; second issue I would like to raise is Africa’s response to climate change and the zero-emissions targets set in Paris and at subsequent climate change meetings.

“We must of course contribute our quota in protecting the environment and preventing climate change; but we must also continue to build sustainable power systems to accelerate development and create economic opportunities for our people.”

 On  climate change, the president said Africa needs far more energy than the renewables sources could immediately provide.

According to him, Africa cannot but adopt gas as a transition fuel.

“We must together make clear to the developed world that the current trend of withholding funds for investment in gas development is the wrong thing to do at this time.”

On the success made by Nigeria in domesticating the NEPAD framework on sustainable development, Buhari said that growth in the Nigerian ICT sector had been phenomenal.

He said that ICT recorded the highest growth of all the sectors of the Nigerian economy in 2020.

“By intensifying Agricultural development, NEPAD inspired Home Grown School Feeding and other Social Intervention Programmes, we are feeding over nine million children in public schools daily and significantly improving the lot of our people.

“It is worthy of note that through regional partnership, Nigeria is currently implementing the innovative strengthening of smallholder farmer’s capabilities towards productive land restoration amid COVID-19 in Nigeria.”

“This is not only to cushion the effect of COVID-19 in the country but also to accelerate the implementation of Africa’s regional initiative to restore degraded lands.”

The president commended the foresight of the founding Fathers of NEPAD, AU’s development agency and the continental initiative for the effective implementation of Agenda 2063.

He re-echoed the view that NEPAD was about the development of the continent – delivering to African citizens.

Let us look forward to working together in building a strong organisation for delivery of results on the continent,”  Buhari said.

The vice president, in another development,  received a delegation from the Institute of Chartered Accountants of Nigeria (ICAN) led by its President, Mrs Comfort Eyitayo, on a courtesy visit to the Presidential Villa.

He commended the adoption of the new, innovative framework for public finance management known as the ICAN-AI (ICAN Accountability Index) and noted the proposed amendment to the Act establishing ICAN.

The vice president expressed delight with the progress of the accounting body.

“I am personally very happy to see that ICAN has grown from strength to strength, and I am particularly fascinated by some of what we are seeing especially forays into public education,” he said.

In her remarks, Eyitayo lauded the Federal Government’s consistent drive to revamp the country’s budget system, aligning with international best practice of having a January to December budget year and having Finance Acts to make the Appropriation Act more realisable.

Other ICAN officials present at the meeting included a former President of the Institute, Sen. Kolawole Bajomo; ICAN Vice President, Mr Tijjani  Isa and Registrar of the Institute, Prof. Ahmed Kumshe, among others. (NAN)

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Federal Government Declares Public Holidays

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The Federal Government has declared Friday, April 18 and Monday April 21 as public holidays for Good Friday and Easter Monday, respectively.

The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

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Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

erior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

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Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender

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Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.

 

Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender.

 

One of the counts reads: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria legal tender) by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet with serial number (12345678) and you, thereby , committed an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.”

 

He initially pleaded not guilty to the charge, leading to his full trial.

 

Subsequently, the prosecution presented its first witness, PW1, Owolabi Oyarekhua Jude, an operative of the EFCC.

 

Led in evidence by the prosecution counsel, H.U. Kofarnaisa, Jude told the court that “the Commission received intelligence on the activities of a jewelry company called Unlimited Jewellers Limited, “whose owner is one Uzondu Precious Chimaobi.

 

“The Company, which deals in jewelry at Atlantic Mall, Chevron Drive, Lekki, Lagos intentionally tags and sells its products in Dollars as against the CBN Act, 2007 ,which stipulates Naira as the only legal tender in Nigeria.”

 

Continuing, he added that “ Subsequently, a covert operation was carried out , where an undercover operative of the Commission disguised as a customer to purchase a Diamond Nail bracelet that was tagged $6000 and bought it for $5700.

 

“The company refused to receive Naira and demanded Dollars as a means of payment. The payment was made and receipt was issued in Dollars . The owner of the company was arrested and taken to the Commission’s office.”

 

However, at the resumed sitting on April 14, 2025, the defendant opted to change his “not guilty” plea to “guilty.

 

Consequent upon his guilty plea, Kofarnaisa, prayed the court to rely on the evidence earlier given by the investigating officer, and admit the same in convicting the defendant.

 

Kofarnaisa, thereafter, tendered the defendant’s statement and other evidence to further prove his guilt and they were admitted by the court.

 

Justice Owoeye then adjourned till Tuesday, April 15, 2025 for ruling.

 

Delivering judgment, they found the defendant guilty and gave him an option of fine of N50,000( Fifty Thousand Naira) on count one.

 

The Judge sentenced him to four years imprisonment, with an option of fine in the sum of N600,000 on count two.

 

His Cartier Diamond wristwatch was ordered forfeited to the Federal Government of Nigeria.

 

The convict bagged his imprisonment when he refused to accept Naira by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet. He was charged to court and convicted.

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Senator Sumaila Begins Consultations on Possible Return to APC

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Senator Sulaiman Abdulrahman Kawu Sumaila has begin consultation with his constituents to decide his fate on whether to return to the All Progressives Congress or not.

Reacting to a recent call by the APC leaders from Kano South Senatorial District, Senator Sumaila said he had embarked on rigorous consultations with constituents and other stakeholders.

“It is true the APC leaders from my district have called on me to return to APC. The leaders took the advantage of the internal crisis in my party; New Nigeria Peoples Party which factionalized the party.

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“And I am sure they are targeting me because they knew my political strength and commitment in politics. So, when the call persist, i have started consulting my constituents and all relevant stakeholders.

“I am into politics because of my people and whatever situation I found myself, I will let them decide my fate. So, even this issue, I will not decide it by myself, I will rather allow them to decide.

“Whatever decision my constituents take, I will abide by it because in politics consultation and openness are critical. So, one thing I can aşure you is that I will not decode my fate alone and whatever my constituents decode, I will go by it.” He concluded.

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