Friday, December 11, 2015

Former Nigerian minister Okonjo-Iweala dragged into $2 billion scandal

One of Nigeria’s highest profile and best-regarded former government ministers Ngozi Okonjo-Iweala is caught up in a widening $2 billion arms procurement scandal which has already led to the arrest of the former national security adviser with former state governors, businessmen and the governor of the central bank also roped in.

Okonjo-Iweala, a former World Bank vice president, who was once in the running for the insititution’s presidency, had been at the heart of the, now tainted, Goodluck Jonathan presidency in the powerful dual role of minister of finance and coordinating minister of economy. She is one of the few ex-members of Jonathan’s government with much credibility on the global stage.

One of Nigeria’s highest profile and best-regarded former government ministers Ngozi Okonjo-Iweala is caught up in a widening $2 billion arms procurement scandal which has already led to the arrest of the former national security adviser with former state governors, businessmen and the governor of the central bank also roped in.

Okonjo-Iweala, a former World Bank vice president, who was once in the running for the insititution’s presidency, had been at the heart of the, now tainted, Goodluck Jonathan presidency in the powerful dual role of minister of finance and coordinating minister of economy. She is one of the few ex-members of Jonathan’s government with much credibility on the global stage.

Having come under fire for her involvement in the transfer of funds to the national security adviser with little oversight and accountability, the former minister has sought to beat off a specific allegation that she was involved in the illegal diversion of repatriated funds of up to $322 million.

In a statement, Okonjo-Iweala revealed that even though the recovered funds from Abacha’s loot were originally earmarked for development projects, a decision was made by a committee headed by president Jonathan to spend $322 million on security as Nigeria dealt with the rising of the deadly Boko Haram insurgency in the country’s north east. According to Okonjo-Iweala’s statement, the transfer was made with conditions to ensure accountability and repayment. The former minister took to social media to share a copy of the letter she claimed was sent to president Jonathan advising on the need for accountability.

In response, Okonjo-Iweala has been heavily criticized by civil society groups who suggest that regardless of the conditions under which the money was transferred there was little or no accountability. There is no evidence to suggest Okonjo-Iweala herself was responsible for misappropriation of funds but most of the criticism raises questions on whether she could have done more to prevent others doing so.

President Buhari, who hinged his campaign on a strong anti-corruption stance, has already directed that those involved in the scandal be prosecuted and the allegations around the spending of the repatriated funds could damage Okonjo-Iweala’s reputation.

The arms fraud scandal is particularly sensitive for most Nigerians who have been affected by the Boko Haram insurgency. In the last few years, the terror inflicted by the militant sect has led to the death of thousands with millions more displaced and forced to leave under dire conditions in refugee camps. The lack of arms sabotaged the fight for most of the last few years as several reports suggested that troops could not match the firepower of Boko Haram. Despite Nigeria’s long and sad history with high level corruption, the arms fraud scandal is one that is most directly linked to significant and obvious human casualties.

Okonjo-Iweala’s stint with Jonathan’s administration was her second time round serving in government. Former president Obasanjo convinced her to leave the World Bank in 2003 to become minister of finance. When Jonathan asked her to join his cabinet she agreed to do so only on the condition she was given more control of the economy than under Obasanjo.

Quartz

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Nigeria signs deal with Chinese firm to train 2000 Nigerians

The federal government on Thursday signed a Memorandum of Understanding with leading Chinese technology firm, Huawei, to train 2000 young Nigerians on Information and Communication Technology, ICT.

The MOU provides 2,000 Information and Communication Technology, ICT trainee jobs to young Nigerians next year under the “Huawei’s Seeds for the Future programme.”

“ICT is one of the quickest ways people can get decent jobs, so we think this is absolutely important.

“In the change agenda, how to grow the economy is important, and we want to create ICT hubs and support existing ones. We thank Huawei for this initiative of advancing technology in Nigeria, apart from the job creation itself,” said Vice President Yemi Osinbajo.

Observing the current poor rating of Nigeria in the global rankings of business environments, the Mr. Osinbajo said that the president had already given the task of addressing the challenges of doing business in the country to the minister of Trade, Industry & Investment Minister.

The Vice President said the relationship between Nigeria and China was a strategic one, urging Chinese investors and business leaders to consider Nigeria for manufacturing plants.

He said the Chinese investors “should encourage not just the selling, but also the manufacturing of products in Nigeria.”

According to the Chinese envoy, China is in partnership with the Buhari administration in the “change” agenda, listing the nation’s plans to be involved in such areas like agricultural modernization, industrialization, infrastructure, trade and investment, poverty alleviation, and peace, security, among others.

He added that Huawei hoped to become a strategic partner to the Nigerian government in the future ICT planning and development, and would continue to expand its contributions and training programmes in Nigeria.

The ICT training initiative strives to create a platform to nurture work-ready ICT experts by providing ICT industry-relevant education.

Mr. Osinbajo was joined by the Minister for Labour and Employment, Chris Ngige, and his Communications counterpart, Adebayo Shittu, at the ceremony attended by theChinese Ambassador to Nigeria, Gu Xiaojie.

Nigeria’s ministers for Labour and Communications, whose ministries would select the 2000 trainees, signed the MOU on behalf of the federal government, while Mr. Richard Cao, the Vice President of Huawei West Africa, signed for the Chinese Information Communication and Technology firm.


Premium Times

Thursday, December 10, 2015

Video - Informal sector in Nigeria booming amidst slumping oil prices


The Nigerian economy's informal sector is booming amid slumping oil prices. Oil accounts for 95% of foreign income and two thirds of government revenue,. however, low prices have led many entrepreneurs to explore other avenues, with estimates now suggesting the informal sector is creating revenues of 178 billion dollars a year.

Nigeria social media bill draws concens

The International Press Institute (IPI) today expressed concern over the potential chilling effect of a controversial social media bill in Nigeria, urging lawmakers not to approve the measure and welcoming President Muhammadu Buhari’s pledge to veto it if passed.

The “Frivolous Petitions Bill” has drawn controversy for a provision stipulating that anyone who posts an “abusive” statement known to be false with the intent of turning the public against a person, group or government institution via WhatsApp, Twitter or through text message could face up to two years behind bars and two million Nigerian Naira (approximately €9,150) in fines.

Proponents say the bill is necessary to combat the spread of malicious falsehoods, but detractors argue that it would serve to curb free speech and target government critics. The bill, which Nigeria’s Senate advanced beyond a second reading, has been met with strong resistance across Nigeria, spurring a Twitter campaign using the hashtag #NotoSocialMediaBill and leading a presidential spokesperson to declare that Buhari “won’t assent to any legislation that may be inconsistent with the constitution of Nigeria”.

Another troubling provision would require that all petitions or statement intending to report misconduct be accompanied by a sworn affidavit. Failure to submit an affidavit would mean that the complaint could not be used in any official investigation, and the person who made the allegation would then face up to two years in prison and four million Nigerian Naira (approximately €18,300) in fines.

IPI’s Nigerian National Committee in a statement praised Buhari for having “rebuffed the Senate’s bid to lure him into an unwholesome anti-media dragnet” and it called on Nigeria’s Federal House of Representatives to ensure that the bill does not become law.

“Like the mainstream media, social media platforms are in need of self-regulation and should embrace the best practices, but the government cannot resort to regulation by toxic legislation…,” the group said. “The people’s right to free speech is inviolable.”

Senate President Dr. Bukola Saraki has responded to the criticism of the bill by saying that the bill would not be passed in its current form and that the Senate would ensure that it did not infringe on Nigerians’ freedom of expression. Potential changes, however, remain to be seen.

IPI Director of Advocacy and Communications Steven M. Ellis urged Nigerian lawmakers reviewing the bill to make sure not only that it complies with free speech protections in the country’s Constitution, but that it also meets international standards on free expression.

“We are extremely concerned that the harm this bill could have on Nigerians’ right to share and receive information in the public interest far outweighs any potential benefit”, he said.

IPI

Wednesday, December 9, 2015

Video - Nigerian refugees say Cameroon troops raided their village



Nigerian villagers fleeing the violence claim they've been attacked - by troops from Cameroon. They say at least 150 villagers people were killed in raids last week. Cameroon's military has denied the claims - though it says it is conducting operations in the area.