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Nwosu replies Soludo: Single term, an option because you failed *ADC on rescue mission

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John Nwosu, candidate of the African Democratic Congress in the November 8 governorship election in Anambra State, has clapped back at Charles Chukwuma Soludo, incumbent governor of the state, reminding him that nobody would have contemplated a single term option, had he kept faith with the people as he promised in 2021, when he was pitching for his present job.

Weighing in against the backdrop of the controversial statement the governor made on Friday, in which he declared that any candidate in an election that dared tell electorates that he would do a single term in office when the constitution allowed eight years, must be sent to a mental home for brain examination, Nwoso, dismissed the contention as not only fallacious, but scandalous, especially coming from the person of the governor.

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Many Nigerians had interpreted the statement as a direct attack against Peter Obi, presidential candidate of the Labour Party (LP), in the 2023 election, who had vowed that he would only do one term in office so as to give way to the North in fulfillment of the unwritten power-sharing agreement between the North and South of the country, through rotation of the presidency.

Brushing aside the allusion to any form of contextual interpretation of the governor’s declaration, at a party rally in Ekwulobia, Aguata Local Government Area of the state, the ADC candidate said in whatever light it was viewed, the comment was completely wrong.

A statement by Sunny Igboanugo, Director, Media and Publicity, John Chuma Nwosu Governorship Campaign Council (JCN-GCC), quoted the party flagbearer as saying that another four years of the listless governance, might sound the final death-knell on Anambra State that has been plunged into a bottomless pit in the last four years.

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“It does not matter whether he was addressing Peter Obi or anybody else. The basic question should be, why should I be throwing my hat in the ring at a time like this? The answer is simple. Anambra is galloping dangerously towards the edge of the precipice. Nothing is working in the state because crime has taken over. With another four years of this dangerous glide, the disaster is predictable.

“I don’t want to wait for that to happen before doing something about it. I must provide the platform for the people of the state crying under the weight of the present parlous situation to take their fate in their hands and redeem the situation. So for me, rescuing Anambra from this dangerous drive, is not an option, it is a duty.”

Stressing that Anambra people would not be detained by the hidden gambit of suggesting that every governor must desire to spend eight years in office, dismissing it as pure blackmail, Nwosu argued that a well-focused, visionary and purposeful governor could deliver great feats in four years than a directionless and purposeless ones seeking power for the sake of it only.

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“Let me leave out great men like Abraham Lincoln or John Kennedy or Mandela, who did not spend more than four years in office, as people have already pointed out. Look at what is happening in Abia State. See the exploits of Governor Alex Otti in just two years. The wonders he has performed during this period has surpassed the last 24 years of his predecessors.

“Such visionary leadership is what Anambra is missing and that’s what we are coming with. We don’t need more than four years to implement our SHEEMS agenda, which captures our vision for Security, Health, Education, Economy, Markets and Social Welfare. I don’t need four years to make Anambra run a smart government model by tracking criminals and fighting crimes through hi-tech mechanism.

It will not take us four years to rid our streets of state actors humiliating and torturing citizens in the street in the name of revenue collection. We don’t need four years to introduce Artificial Intelligence (AI-enabled) security system that will run on face-recognition technology with a fully-equipped Command and Control (CAC) certre, to fight crime.

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“Our Healthcare will run on latest technology along the best practices in global medical practice usin AI and other hi-tech medical facilities, with focus on first-class assessable and affordable programmes anchored on Primary Health Care (PHC), complete with Emergency Medical and Transport Services (EMTS), he said.

“Transforming our Education through the STEM model of Science, Technology, Engineering and Mathematics will be done in less than four years, using the current global prototype to equip our children with the ability to grapple with modern developments. Four years will not be needed for Anambra children to stand out once again as national bests in WAEC and NECO examinations.

“We shall deliver a new infrastructural map for Anambra State with a solid Road Maintenance Department (RMD) similar to the PWD (Public Works Department) in compliance with the Anambra Integrated Development Strategy (ANIDS). This will not take us four years to do.

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“Our Markets programme of eradicating the choking taxing system will be achieved in less than four years. To enhance enterprises and improve ease of doing business, we will ensure tax reduction and our means of Internally Generated Revenue (IGR) recovery will have human face. We shall deploy technology in revenue collection instead of the use of thugs.”

“As for our Social Welfare, we shall be empathetic to our people. We shall help them pick the pieces of their lives under the present harsh economic condition rather than making their conditions worse. Outside the yawning gap in real governance, has been a clear show of emotional intelligence. We shall alter this mindset and make our government about our people and not our people for government. We don’t need four years to do that.

“Let me reiterated that I shall do only four years and hand over. Within that period, I shall set Anambra on a sound pedestal, based on strong institutional framework that will never allow the present failure of leadership. Once that is achieved, our mission would have been achieved. The joy of achieving that is more fulfilling than even 100 years in office without anything to show.”

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Our primaries were flawless – NDC *Denies imposition of candidates

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No candidate was imposed neither was any member barred from participating in the process, the Nigeria Democratic Congress (NDC), said on Thursday, which defending the integrity of the exercise, which ended on May 29.

In a statement by Ikenna Enekweizu, National Secretary, party said that all aspirants were given a fair opportunity to participate in the democratic process, adding that the selection process was driven by consultation, consensus-building, and stakeholder engagement through established leadership structures across the country.

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Stressing that its National Secretariat was never involved in the business of picking, choosing, or imposing candidates on any constituency or state, contrary to allegations that have emerged following the conclusion of the primaries, the statement added: “At no time has the NDC National Secretariat been involved in the business of picking, choosing, or imposing candidates on any constituency or state.

“Aspirants seeking elective positions were directed to engage with caucus leaders, stakeholders, and grassroots members in their respective states, who were responsible for consultations and recommendations based on local political realities. In the South-East geopolitical zone, our presidential candidate, Peter Obi, joined the party with an existing network of respected political leaders and elder statesmen who currently serve as caucus heads across the region.

“These include former governors and senior political figures such as Sam Egwu, Okwesilieze Nwodo, and Achike Udenwa, among others. The party explained that these leaders were tasked with conducting stakeholder consultations and helping build consensus around aspirants in their respective states.

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“These leaders were entrusted with conducting stakeholder consultations, building consensus, and making recommendations to the party based on their understanding of the peculiar political dynamics in their respective states.

“Aspirants who disagreed with stakeholder recommendations were not excluded from the process but were allowed to test their popularity through grassroots primaries. This process was conducted without prejudice to the rights of any aspirant. Where aspirants disagreed with recommendations made by stakeholders or caucus leaders, they were free to test their popularity through the democratic process at the grassroots level, and this was duly accommodated,” the party said.

Addressing concerns raised by some aspirants following the primaries, the NDC acknowledged reports of individuals prematurely declaring themselves candidates as well as complaints regarding aspects of the process.

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However, it maintained that such issues had been referred to the party’s appeal panel and leadership for resolution.

The statement also highlighted the party’s commitment to affirmative action and greater female participation in politics, noting that efforts had been made to encourage women to seek elective offices while also considering the interests of serving lawmakers.

Looking ahead, the NDC announced plans to begin a broad reconciliation process aimed at healing divisions and strengthening party unity after the conclusion of the primaries.

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“As resolved at yesterday’s NEC meeting, we now look forward to the commencement of a comprehensive reconciliation process. We count on our esteemed caucus leaders, state chairmen, stakeholders, and party leaders to engage all aspirants and members in the interest of unity, cohesion, and the continued growth of our party.”

The party reiterated that its role throughout the nomination process was primarily to welcome new members and aspirants, reassure them of its commitment to fairness and transparency, and direct them to the appropriate caucus structures for participation in party affairs.

According to the NDC, the approach reflects its commitment to internal democracy, consultation, inclusiveness, and respect for established leadership structures as it continues preparations for future elections.

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Hidden syndicate behind oil theft – Navy *Wants special court to try offenders

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Idi Abbas, Chief of the Naval Staff (CNS), on Friday, prayed for a legislation to establish a special court to try those caught in the business of stealing crude oil in Nigeria, saying the current general law was not too helpful in stemming the tide.

It was also a day he claimed that the powerful forces behind the syndicate had a way of projecting fronts while remaining behind the scene, which made it almost impossible to track them to face justice.

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In fact, Abbas, a Vice Admiral, revealed that the operation was so perfect that those arrested at illegal refining sites were usually low-level operatives with little knowledge of the larger criminal network.

A guest on Sunrise Daily, a breakfast programme on Channels Television, the Naval Chief noted that many of those apprehended during operations are merely workers paid small sums, adding that such a complex structure of oil theft syndicates made it difficult to identify and prosecute the individuals who orchestrate the criminal enterprise.

“Most of the faces behind these thefts are not really known or are not the ones we always catch. The ones we get at most of the illegal refinery sites are just being given some paltry sum, while the big masquerades are the ones that make the real money. Prosecuting suspects is often complicated by the fact that many of those arrested have little or no information about the people directing the operations.

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“In trying to prosecute some of these people that we get, some of them don’t even know who they are working for. So, the network is a very delicate one.

“But despite the challenges the Nigerian Navy and other security agencies are continually refining their strategies to counter the evolving tactics of oil thieves. As they are evolving strategies, we are also evolving new strategies. Like I keep saying, technology is the way forward. With that, we have been able to reduce the level of theft.”

Stating that the adoption of technology-driven surveillance, intelligence gathering and monitoring systems had significantly enhanced efforts to curb crude oil theft and protect critical national assets, he reaffirmed the commitment of the Nigerian Navy to sustaining operations against oil theft, stressing that collaboration among security agencies, stakeholders and host communities remains essential to safeguarding the nation’s oil resources.

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The naval boss while assuring that Nigeria’s coastal and riverine communities are relatively safe, said the Nigerian Navy had made significant progress in reducing threats along the coast, particularly illegal oil-related activities and sea robbery.

“As it stands today, I can say that our coastal areas and the riverine areas are relatively safe. While crude oil theft and isolated cases of sea robbery remain areas of concern, the Navy has been largely successful in containing such activities through intensified surveillance and enforcement operations.

Hear him: “What we are contending with mostly there is the issue of crude oil theft and some pockets of sea robbery, which we are able to curtail. There is need for the establishment of a special court dedicated to prosecuting maritime crimes.

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“This court will focus exclusively on cases involving crude oil theft and other maritime-related offences, helping to address delays associated with the conventional judicial process. The establishment of such a court would significantly accelerate the dispensation of justice and reduce the burden currently placed on the Navy in maintaining seized vessels and other exhibits pending the conclusion of lengthy court processes.

“If we have that in place, I believe the dispensation of justice will be done much faster and then ease the burden of keeping and maintaining some of the arrested vessels, which will be taken off from us because we spend a lot to maintain those vessels under our custody.”

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Improved revenue: Nigeria moves to refinance loans

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Nigeria is considering refinancing some of its expensive debt obligations and raising fresh funding to bridge its budget deficit, buoyed by improved investor confidence and elevated crude oil prices triggered by tensions in the Middle East.

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed that the federal government was looking to take advantage of favourable market conditions to restructure costly legacy debt and secure additional financing for development projects.

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Speaking in an interview with Bloomberg TV, Oyedele said the current environment presented a unique opportunity for Nigeria to improve its debt profile while mobilising resources to support economic growth.

“We think that this timing is good for us to be able to maybe even refinance some of our expensive past debts, but also to raise more funding for our development at this critical time. You don’t know what happens tomorrow. But as of today, market conditions are actually very good,” he pointed out.

The renewed optimism stems largely from the sharp rise in crude oil prices following the conflict involving Iran, which has boosted the fortunes of oil-producing countries outside the Middle East, including Nigeria.

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Higher oil prices have strengthened Nigeria’s external earnings position and improved investor perception of the country’s creditworthiness. The premium demanded by investors to hold Nigerian dollar-denominated bonds over comparable United States Treasury securities has fallen significantly, reflecting growing confidence in the economy.

Despite improvements in government revenue, Oyedele noted that Nigeria still faces a budget deficit of about N30 trillion this year, necessitating the search for additional financing sources.

The minister explained that the government was keeping its financing options open, including access to concessional loans from multilateral institutions. “We’re keeping our options open, we know the size of the deficit, including less-costly concessionary loans,” he said.

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According to him, discussions are ongoing with the World Bank and other development finance institutions, while reforms implemented by the Bola Tinubu administration have continued to attract investor interest.

The government has undertaken a number of reforms since assuming office in May 2023, including fuel subsidy removal, tax policy changes, foreign exchange reforms and efforts to improve fiscal revenues.

However, while rising oil prices have boosted government earnings, they have also contributed to inflationary pressures globally, complicating monetary policy decisions and increasing the cost of delivering critical infrastructure and social services.

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The US-Israeli war on Iran has pushed the price of Brent crude up as much as 63 per cent this year, creating an opportunity for producers outside the Middle East like Nigeria, while the premium investors demand to hold Nigerian dollar bonds rather than US Treasuries has fallen 80 basis points since the start of the war to 262, the lowest in more than a decade.

Meanwhile, Nigeria may face fresh trade headwinds from the United States after the Office of the United States Trade Representative (USTR) proposed imposing an additional 12.5 per cent tariff on Nigerian exports over concerns relating to alleged forced labour regulations.

The proposal forms part of action targeting 60 economies under Section 301 of the US Trade Act of 1974, following investigations into what Washington described as inadequate measures by several trading partners to combat forced labour in international supply chains.

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In a statement issued by the USTR, Nigeria was listed among 54 economies found to have “failed to impose and effectively enforce a prohibition on the importation of goods produced with forced labour.” As a result, the agency proposed additional duties on products originating from the affected countries.

The agency explained that countries with existing forced labour import prohibitions or those that have committed to implementing such measures through trade agreements would face a lower tariff of 10 per cent.

However, countries categorised as having no effective prohibition regime, including Nigeria, could be subjected to a 12.5 per cent additional duty should the proposal be adopted.

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U.S. Trade Representative, Ambassador Jamieson Greer, said the failure of major trading partners to adequately address the importation of goods produced with forced labour created unfair competition for American workers and businesses.

“The failure of our most important trading partners to address the importation of goods made with forced labour is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field,” Greer said.

He added that while some countries had taken initial steps to curb the importation of forced labour goods, much more needed to be done to eliminate the practice from global supply chains.

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The USTR argued that the failure of the affected economies to establish and enforce effective forced labour import prohibitions undermines global efforts to eradicate forced labour, distorts market competition and disadvantages firms that comply with acceptable labour standards.

According to the agency, such practices burden U.S. commerce by exposing American producers to unfair competition and facilitating the circumvention of existing forced labour restrictions.

Aside from Nigeria, other impacted countries include: Algeria; Angola; Argentina; Australia; the Bahamas; Bahrain; Bangladesh; Brazil; Cambodia; Chile; China, People’s Republic of; Colombia; Costa Rica; Dominican Republic; Egypt; El Salvador; Guatemala; Guyana; Honduras; Hong Kong, China; India; Iraq; Israel; Japan; Jordan; Kazakhstan; Kuwait; Libya; Malaysia and Morocco.

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Others include: New Zealand; Nicaragua; Norway; Oman; Peru; the Philippines; Qatar; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Sri Lanka; Switzerland; Taiwan; Thailand; Trinidad and Tobago; Türkiye; United Arab Emirates; United Kingdom; Uruguay; Venezuela; and Vietnam.

 

Culled from ARISE NEWS

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