Five things to know to start your Friday

I am a man of integrity, I did not join the PDP for selfish reasons—Shekarau

Ibrahim Shekarau, former governor of Kano state, has defended his latest political decision to revert to the Peoples Democratic Party (PDP).

The former Kano state governor, who is seen as a strong ally of PDP presidential candidate Atiku Abubakar, clarified on Channels TV Politics Today on Thursday his decision to quit Rabiu Kwankwanso, the new party. of the Nigerian people, ahead of the 2023 general elections.

He criticized anyone who accused him of not sticking to one party but jumping ship, seeking only political relevance. The Kano state strongman has gone from the All Progressives Congress to the NNPP and now the PDP in five years, a situation many see as political confusion.

“If it had been my character to do all this because of my personal interests – ask any average man in Kano; people wouldn’t come with us if it was something selfish or for self-interest,” Shekarau said.

He added that his goal has always been to build political structures and advance the political and economic development of the state.

According to him, “Every time we leave, we have a structure ranging from unit to district, to local government, to the state”.

“Our policy has been a policy of consultation, of very broad consultation. “There was no decision that I could have made politically without holding a referendum in all the states.”

However, the former education minister accused the NNPP of being a one-man party and promised to work for the success of the PDP in the 2023 general election.

“The people of Kano trust us,” he said. “I assure you, by the grace of God, the PDP will win the votes in Kano, if not all but the majority because I know what people want.”

Also Read: Police Seal NNPP Secretariat in Borno

DG Customs disagrees with NNPC on daily PMS consumption figure

Col. Hameed Ali (Rtd), the Comptroller General of the Nigeria Customs Service, has questioned the Nigerian National Petroleum Corporation’s (NNPC) claim for 60 million liters of Premium Motor Spirit (PMS) daily consumption.

Colonel Ali voiced his concern when he appeared before the House Finance Committee for the hearing on the Medium Term Expenditure Framework (2023-2025).

Colonel Ali could not reconcile the difference between the 98 million liters of PMS being lifted at the depot and the 60 million liters that the NNPC says are consumed daily by Nigerians.

“If the Nigerian National Petroleum Corporation estimates the daily consumption of PMS at 60 million litres, why does it allow the daily withdrawal of 98 million liters from deposits?” He asked.

The Customs CG also dismissed NNPC’s smuggling of PMS applications as partly responsible for the huge sums paid for the subsidy.

He vigorously dismissed them, begging for answers on why there was a disparity between what his agency had for PMS consumption and what NNPC had.

He presented an illustration of why the NNPC should be questioned. “This calculation, for me, is not credible because scientifically you cannot tell me that if I fill up today, I will fill my tank tomorrow with the same amount of fuel. And if I run a station -service today, if I go to Minna depot and lift, and pick up at Kaduna, I can reach Kaduna in the evening and unload this product, there is no way I could have sold this essence for you on an account that has been spent.

“So how can we reach 60 million every day? If you say that this oil is contraband, if you reject 98 million litres, and then we use 60 million litres, the balance will be 38 million litres. How many trucks will transport 38 million liters every day? It’s almost 500. Which route are they following? Where are they transporting this thing? he asked.

FAO and Japan to tackle food insecurity and malnutrition in northeast

In an effort to address the raging case of food insecurity and hunger in northeast Nigeria, the Food and Agriculture Organization of the United Nations (FAO), with funding from the Japanese government , is committed to establishing a joint partnership to meet this challenge.

FAO, through David Tsokar, its communications specialist, made this known in a statement Thursday in Abuja.

According to NAN, Tsokar quoted Fred Kafeero, the FAO Representative to Nigeria and the Economic Community of West African States (ECOWAS), as saying that the outcome of the latest framework harmonization analysis conducted by the Nigerian government indicates worrying deficiencies in food consumption and malnutrition.

He said the development risks causing severe food and nutrition insecurity if immediate action is not taken.

According to Kafeero, the intervention programs would increase the availability of and access to fresh, nutritious food, as well as energy for cooking, to improve food security and nutrition and protect vulnerable households.

This initiative, he said, would align with the Sustainable Development Goals (SDGs) on food security and nutrition, which are also in line with the second pillar of the 2019 Yokohoma Declaration on Deepening a sustainable and resilient society.

He said the target would also boost local production of nutritious food among internally displaced persons (IDPs), host communities and returnees, and also support the production and distribution of cooking stoves. energy saving.

Adesina commends Japan for supporting African scholarships

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), commended the Japanese government for its assistance in promoting economic growth on the African continent through the Japan Africa Dream Scholarship (JADS) program.

Adesina, who praised the Japanese government for its support, made his remarks in a video message during a virtual side event aligned with the eighth Tokyo International Conference on African Development (TICAD8).

The theme of the event was: “The Value of Studying in Japan for Young People in Africa and Accelerating Partnership between Africa and Japan”.

The AfDB President acknowledged the impact his banking collaboration with the Japanese government has had on the African continent, particularly through the Japanese Policy and Human Resources Development Grant.

According to NAN, he pledged to complement the initiative with a new one called “African Education, Science, Technology and Innovation Fund”.

“The fund will serve as a continental co-financing mechanism to help African countries build innovation and knowledge-based economies.

“I would like to seek your strong support for the African Education, Science, Technology and Innovation Fund to expand academic learning opportunities for many young Africans.

“Initiatives, such as the Japan Africa Dream Scholarship Program, are just beginning. Together, we have a unique opportunity to reach millions of young people with an education,” he added.

US Fed ends enforcement action against HSBC

HSBC Holdings Plc was sanctioned by the US Federal Reserve on Thursday for violating US anti-money laundering laws.

The London-based bank, which has been fined a record $1.92 billion – one of the largest in US history – has been penalized for its involvement in money laundering activities money from Mexican and Colombian drug cartels. A crime the US Department of Justice has called “a stunning oversight failure.”

In 2012, the bank was accused of being the preferred bank of Mexican and Colombian drug cartels.

The enforcement order ended Aug. 26, the Fed said in a statement.

HSBC later admitted that it failed to maintain an effective anti-money laundering program and failed to perform basic due diligence on some of its account holders.

Comments are closed.