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The Nigerian Senate: Probe Of Obasanjo, Jonathan And Others In Motion

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Probe

The Nigerian senate has said that a motion has been set to probe former Nigerian presidents including; Goodluck Jonathan and Olusegun Obasanjo, as well as other former ministers of the federal capital territory; El Rufai and Bala Mohammed.

Probe

The Nigerian Senate To Probe Ex-Presidents, and Ministers

The Senate also said that it will begin a holistic investigation surrounding issues about concession and privatization of some government property in the Federal Capital Territory, in tune to N2.7 Billion naira.

This was described as a national embarrassment and national disaster, as well as the failure of leadership on their parts.

The Senate expressed displeasure, bearing on the fact that in spite of the barrage of investments in the territory, and the private owners of government establishments making enough money for themselves, the coffers of the federal government is still on zero and this has spanned on for a few long years, since 2008. Which means that there are no accrued revenues from the investments.

Due to these facts, the Senate also said that there would be a need to summon all the key players of past governments who were directly responsible for the concession and privatization of these properties, which were given to private individuals in the state.

Malam Mohammed Musa Bello, The Minister of the Federal Capital Territory Administration and the entire leadership of FCTA appeared before the Senate committee on the FCT.

Senator Dino Malaye, the presiding chairman of the committee,  and a party member of APC, Kogi West, had vowed to make sure that the Senate would get to the crux of the matter, ensuring them that those who are involved would be brought to book.

Probe

Senator Dino Melaye

He joined voices with the Senate to state that it indeed was a national disaster and leadership failure. He, however, warned that these things should not be allowed to happen in the country again, especially when the desire is for the country, Nigeria, to grow. He emphasized that the committee would dutifully expose those involved, regardless if needs be to exhume corpses of the dead.

He adds that people pay to use the government facilities such as Eagle square, International conference center, ICC, yet no remittance. It was indeed a serious matter.

He said, ”It is worthy of note that these FCT owned companies received huge returns on investment without making returns to FCT Administration. The returns are in billions of Naira. They are spent and re-invested without appropriation. This is contrary to the principles of accountability and due process. The Committee is also worried about the revenue line charge on investment income. The actual performance on This charge has zero returns over The years.”

Incidentally, this concession and privatization were carried out during past administrations with Ex-President Olusegun Obasanjo and Goodluck Ebele Jonathan, and the Ministers were Malam Nasir Nasir El-Rufia, who is presently the Governor of Kaduna state. And there was also Dr. Aliyu Modibbo Umar, Senator Bala Mohammed amongst others.

Probe

Ex- Presidents of the Federation and Ministers

FCTA Minister Muhammad Musa Bello told the committee that the Concession was not carried out, claiming that all those who took the decision were not in the hall and the present government. He adds, commending the senate on its efforts in trying to right the wrongs from the past administration and government. He stated that he had put in place, a seven-man Interim management, which was headed by Dr. Bashir Isyaku. The Interim Management was to oversee all the affairs of the AICL. He also pleaded with the committee for some time, so that he can be able to present a report after they have completed their assignments.

Senator Dino Melaye  recounts issues surrounding these concessions and went further to state facts: He says :

 ”Let me say that the abysmal performance of These concessioned properties in The FCT is basically a direct consequence of leadership failure. By the twilight of The past administrations in Nigeria, a plethora of discontentment on The exercise had reached fever pitches. We as members of This Committee will continue to bridge The meaning of our resolve with realities Through our oversight for effective implementation.

“permit me to comment on some of the concessioned properties as follows:  The Karu General Hospital was initially a 222-bed facility built by the FCT Administration. It is important to note that 40% of the Hospital is leased to Primus Super Specialty Hospital (an Indian HoSpital) for management. The hospital commenced operation on 19th April 2017.

“THIS DAY DOME. Abuja Investment Company Limited (AICL) was allocated Plot 702 Cadastral Zone A00, CBD, Abuja and thereafter entered into two years Lease Agreement with leaders and company popularly called “This Day Dome Arena” in respect of the said plot. The Lease Agreement was effective from May 1, 2009. The total rent payable for the term was N97,090,284:02.

“EAGLE SQUARE AND INTERNATIONAL CONFERENCE CENTRE (ICC), ABUJA. The Committee observed that the Eagle Square and Abuja International Conference Centre were concessioned to the same company who had no evidence of previous facility management experience anywhere in the world, and without financial capacity to manage the facilities. This company had to fall back on FCTA to buy new equipment to kick-start its operations. It is worthy of note that the management of the two concessioned facilities makes millions of Naira on a monthly basis since the commencement of its operations.

“GARKI HOSPITAL. Garki Hospital was concessioned to Nisa Premier Hospital in partnership with Nisa Premier Apeiron Consortium. It is pertinent to state that Garki Hospital was built to provide affordable healthcare for residents of Garki District. The aim of providing the facility was defeated as the management of the hospital now charges relatively very high fees on patients due to the concession of the hospital. The Committee frowns at this misdemeanor. As representatives of the people, we hold it as a responsibility to care and protect the people’s lives‘ worst hazard and misfortune especially in a time like this.

“Time and time again, I wonder deep in my heart why must it be Garki which hosts the lower and medium cadre officers in the civil service. Why not Asokoro or Maitama Hospitals, which are surrounded by high caliber of Nigerians from all walks of life.

 

 “SHERATON HOTEL & TOWERS. Sheraton Hotel and Towers was incorporated on 16th January, 1981 as a private liability company which later transformed into public liability company in 1990. The hotel was constructed by Government with a loan of about $300 million (Three Hundred Million Dollars) borrowed from a German Bank. The debt was eventually settled by Government because there was a sovereign guarantee on it.

“The then Director-General of Bureau of Public Enterprise (BPE), Mrs. Irene Chigbue, stated clearly during the Investigative Public Hearing of this Committee in 2008 that Government Agencies were invited to subscribe to the ownership of the company in which Abuja Investment Limited was part of the subscribers.

“It is important to note that 87% of the Federal Government shares of the hotel, that is 51% was sold to core investors while other shareholders’ shares remain unchanged.

“It is worrisome to state that Sheraton Hotel and Towers was privatized for $34 million (Thirty-Four Million Dollars) only.

“The Committee was reliably informed that the 51% of the shares of the hotel was valued and sold for $34 million. This means that the total value of the hotel is less than $68 million.

 He continues, “This figure is very ridiculous because the hotel was constructed at a period when the Naira was stronger than the dollar ($300m). Despite the hotel’s 20 years of operations (1982 2002), the Return on Investment (ROI) was a negative quantity. Today, the facilities in the hotel is depreciating by the day. The hotel is not well managed with many of the rooms uninhabitable.

“NICON LUXURY. The sale of Sofitel International Hotel which is also known as NICON Luxury Hotel followed the same pattern as the Sheraton Hotel and Towers.

The hotel was constructed in 1980. The Federal Government, through the Ministry of Finance, owns 92.5% of the shares, FCDA owns 4.64%, NICON Insurance owns 01%. The remaining shares were distributed accordingly.

“Committee noted as follows in the course of its findings: That about $130m was spent in building the hotel; That 90% of the shares were sold for only $50m as against $130m it took the government to build the hotel: and That 19 million Euro was used for the furnishing of the hotel, bringing the total estimated cost of the asset to $200 million.

“ABUJA INVESTMENT LIMITED (AIL) Abuja Investment Limited is an investment company which houses all FCT owned companies The companies include Abuja Market Management Limited (AMML) and Abuja Investment Property Development Company (AIPDC).

“ABUJA GARDENS. The Committee has no sufficient information about The concession of Abuja Gardens.” He finishes.

 

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World

India Unveils World’s Tallest Statue, “Statue Of Unity”

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India Unveils "Statue Of Unity"

India unveils the world’s tallest statue named the “Statue of Unity.”

The statue of Sardar Vallabhbhai Patel who was one of the country’s independence leaders has been unveiled. The “Statue of Unity,” located in India is 182 meters tall, making it the tallest statue in the world. The Indian president, Narendra Modi officially unveils the statue at an event attended by more than 5,000 police officers.

The president describes the statue as ‘an answer to all those who question the existence of India,’ saying that “the height of the statue is to remind the youth that the future of the country will be as huge as this.”

According to reports, the bronze-clad statue cost $430 million to build. The statue also houses a memorial garden and a museum at its base.

Read also Tyler Perry Says Its Time To Kill Madea

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Celebrities

Kanye West Is Taking A Break From Politics

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Kanye West gets Trolled

American rapper Kanye West is now breaking from political talk, saying he was used as a pawn and that his “eyes are now wide open.”

The rapper who once referred to the President of the United States as his brother takes to his Twitter page with a series of tweets declaring that his eyes are now wide open. On Tuesday, 30th October, Kanye West wrote a series of tweets breaking himself from President Trump’s beliefs.

He writes:

“My eyes are now wide open and now realize I’ve been used to spread messages I don’t believe in,” he wrote. “I am distancing myself from politics and completely focusing on being creative !!!”

Kanye who had earlier said Trump’s “Make America Great Again” hat made him feel like a superhero, also declaring “I love this guy” has said he is done being a messenger of beliefs that doesn’t appeal to him personally.

He also writes:

“I support creating jobs and opportunities for people who need them the most, I support prison reform, I support common-sense gun laws that will make our world safer.

“I support those who risk their lives to serve and protect us and I support holding people who misuse their power accountable. I believe in love and compassion for people seeking asylum and parents who are fighting to protect their children from violence and war.

“I would like to thank my family, loved ones, and community for supporting my ACTUAL beliefs and my vision for a better world.

“I introduced Candace to the person who made the logo and they didn’t want their name on it so she used mine. I never wanted any association with Blexit. I have nothing to do with it.”

Read also Abuja Violence: Wuse 2 Witness Senseless Killings

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Nigeria

Abuja Violence: Wuse 2 Witness Senseless Killings

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Abuja Violence

Abuja suddenly becomes unsafe as senseless killings are becoming the order of the day.

Gunshots are reportedly been fired in the Federal Capital territory again. This time, Wuse 2, also in Abuja is the location as members of the Islamic Movement in Nigeria (IMN) clash with authorities. The shots are not being fired by the Nigerian Army this time around; the security agency behind the fired shots is the Nigeria Police Force.

Members of the Islamic Movement classified as the Shiites were fired at Zuba and on Monday, shots were fired at these same sects at Nyanya – by the Nigerian Army after claims that the movement aimed at stealing ammunitions and attacked the soldiers. Even though, the public claim that the movement was unarmed peaceful protesters.

Social media users, once again share videos from the scene of the shootings in Wuse 2 warning people to stay off the area.

Read also Man Alleges Yemi Alade’s Mother Fought In A Beer Parlour

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