Tuesday, 20 January 2015

How we arrived at N87 petrol price – PPPRA

Minister of Petroleum Resources, Diezani Alison-Madueke,
The Petroleum Products Pricing Regulatory Agency, PPPRA, has explained how the new price of N87 per litre of petrol was arrived at, saying it was based on the components of the prevailing petroleum products pricing template.
The pricing template shows the landing cost, the ex-depot price, which is the price that products marketers are to pay for products they lift, and the expected open market price of petroleum products.
The Executive Secretary of PPPRA, Farouk Ahmed, said on Monday that based on the landing cost of N74.35 per litre of PMS as at the close of business on Friday, January 16, 2014, the addition of distribution margin of N15.49 per litre would translate to an open market price, or pump price of N89.84 per litre.
The price, according to Mr. Ahmed, is more by N2.84 than the N87 per litre approved by the Federal Government and announced by the Minister of Petroleum Resources, Diezani Alison-Madueke, on Sunday.
By implication, he said the Federal Government would still be subsidizing the new petrol price by N2.84 per litre.
Mr. Ahmed urged marketers to adhere strictly to the new price regime, the PPPRA said it would work with the Department of Petroleum Resources, DPR to enforce compliance to ensure that consumers benefited fully from the new review.
“Any violation of the prevailing price regime, shall attract appropriate sanctions,” the agency warned.
It asked Nigerians to avoid all forms of panic-buying, as there are enough products in all depots across the country.
A close review of the latest pricing template of the petroleum products regulatory agency based on average Platts’ data for December 29, 2014 showed the landing cost of $644.92 per metric ton of PMS or N82.41 per litre.
The landing cost per litre consists cost and freight (N72.40K), traders’ margin (N1.28K), lightering expenses (N3.91K), Nigerian Ports Authority, NPA charge (N0.67K), financing (N0.35K), jetty/depot thru’ put charge (N0.80K) and storage charge (N3.00K).

An addition of $121.22 per ton, or N15.49 per litre as distribution margins, would bring the total cost to about $766.14 per ton, or N97.90, which was above the former retail price of N97 per litre by 90 kobo.
A breakdown of the distribution margins include retailers (N4.60K), transporters (N2.99K), dealers (N1.75K), bridging fund (N5.85K), marine transport average (N0.15) and administrative charge (N0.15K).
But, the new petrol price on Monday drew mixed reactions from Nigerians, including a civil society group and the Nigeria Labour Congress, NLC.
The lead director, Centre for Social Justice, CENSOJ, Eze Onyekpere, said though the price reduction was not far reaching enough, to reflect the extent of the drop in crude oil price since July, Nigerians should accept it for what it is.
“Whether it was N1 reduction or N10, we should accept it, so far as it is a reduction. Is N10 not better than nothing?” he said.
For former Coordinator, Presidential Committee on the reform of the downstream sector, Jide Olateju, “any reduction in the price of a product as important as petrol is a welcome development, as it would leave more money in the pockets of Nigerians.”
Mr. Olateju, however, faulted the price reduction announced on Sunday, saying at the current global crude oil prices, which stood at $42.65 per barrel on Monday, petrol should sell for between N71 and N75 per litre, excluding taxes.
He said with PPPRA’s current pricing template having a landing cost of N82.41 and an open market price of N97.90, government would be saddled with a subsidy of about N10.90 per litre of petrol at the new prices.
“Based on the reported national daily consumption of 41 million litres of petrol per day, the implied PPPRA calculated subsidy of N10.90 on the N87 price means that the country will pay N447 million per day, or N163 billion per year in unnecessary subsidies derived through disputed calculations,” Mr. Olateju said.
“While this is only a tiny fraction of what was paid in recent years, it is simply crazy to bear this burden given the diminished revenue situation and the struggles the government is currently facing in meeting its obligations,” he added.
Criticising PPPRA’s pricing template for promoting inefficiency among importers of petroleum product and guaranteeing risk-free profit margins marketers, Mr. Olateju said while profit is a major objective in all businesses, operators should be ready to also bear risks, called arbitrage.
He said the NNPC, as the largest importer of PMS into the country, has been the largest recipient of government subsidy payments, while attention has been on Major Oil Marketers Association of Nigeria, MOMAN and the Independent Petroleum Marketers Association of Nigeria, IPMAN for alleged abuse of the subsidy scheme.
The NNPC, he said, must be stopped from further involvement in the importation of refined petroleum products, as its continued participation in schemes like the crude oil swaps have discouraged transparency, allowing it to used as a basis for all sorts of actions, including the withholding of revenue from the federation account.
Source: Premium Times

How we arrived at N87 petrol price – PPPRA

Minister of Petroleum Resources, Diezani Alison-Madueke,
The Petroleum Products Pricing Regulatory Agency, PPPRA, has explained how the new price of N87 per litre of petrol was arrived at, saying it was based on the components of the prevailing petroleum products pricing template.
The pricing template shows the landing cost, the ex-depot price, which is the price that products marketers are to pay for products they lift, and the expected open market price of petroleum products.
The Executive Secretary of PPPRA, Farouk Ahmed, said on Monday that based on the landing cost of N74.35 per litre of PMS as at the close of business on Friday, January 16, 2014, the addition of distribution margin of N15.49 per litre would translate to an open market price, or pump price of N89.84 per litre.
The price, according to Mr. Ahmed, is more by N2.84 than the N87 per litre approved by the Federal Government and announced by the Minister of Petroleum Resources, Diezani Alison-Madueke, on Sunday.
By implication, he said the Federal Government would still be subsidizing the new petrol price by N2.84 per litre.
Mr. Ahmed urged marketers to adhere strictly to the new price regime, the PPPRA said it would work with the Department of Petroleum Resources, DPR to enforce compliance to ensure that consumers benefited fully from the new review.
“Any violation of the prevailing price regime, shall attract appropriate sanctions,” the agency warned.
It asked Nigerians to avoid all forms of panic-buying, as there are enough products in all depots across the country.

Sunday, 18 January 2015

FG reduces pump price of petrol to N87/litre

In response to the global decline in prices of crude oil, the federal Government, Sunday night reduced the pump price of petrol to N87/litre.
Announcing the reduction, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke  said, the new pump price will take effect from 12:00am on Monday. She explained that the reduction was primarily driven by global drop in price of crude oil.

FG reduces pump price of petrol to N87/litre

In response to the global decline in prices of crude oil, the federal Government, Sunday night reduced the pump price of petrol to N87/litre.
Announcing the reduction, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke  said, the new pump price will take effect from 12:00am on Monday. She explained that the reduction was primarily driven by global drop in price of crude oil.

Tuesday, 13 January 2015

Presidential Declaration: My Take Away

BRF
On Thursday 8th of January, 2015, the Peoples Democratic Party (PDP) came to Lagos, warts and all, in furtherance of a presidential campaign flag-off. They had advertised this flag-off with a promise to show what they had done in Lagos. I anticipated this visit because I hoped it would provide an opportunity to discuss issues important to the people.

When they left, they left nothing tangible behind except violence, attacks and robberies on citizens who had been trapped in the traffic they created. The All Progressives Congress (APC) National Convention had held in the same city of Lagos a few weeks ago without violence and robberies. But that is not my take away. My take away was the presidential speech.

Having ridden to office on the back of civil society (a.k.a Doctrine of necessity), and having been elected by an impassioned campaign of emotion and sympathy (a.k.a ‘I had no shoes’), I expected that a president seeking re-election will understand that his record of service and not sympathy would be the vote catching message.

Even though I was in Benin to attend the APC vice-presidential candidate’s town hall meeting, I took the time to listen to the presidential flag-off speech. Mr. President had my attention when he said his message that day, and for the rest of the 35 states and FCT, was going to be focused on young people.
And just as I thought he was going to raise hope, he did what no leader should ever do. He dashed hope.

He told young Nigerians that his generation had failed. Yet he seeks their votes to lead them. This compounded the problem. If the president admits personal failure, he was uncharitable in seeking to paint everybody in his own service record. What then is his “Transformation Agenda” about? Failure?

My take away: Leaders don’t dash hope, they inspire it. To be fair, he quite rightly set out the agenda and burning issues on the minds of the Nigerian people when he opened by stating that he was going to address 3 (three) issues of corruption, insecurity and the economy.  I expected to hear about a security plan to restore Nigeria’s territory that was lost to terrorists and how to bring back the girls abducted in Chibok, the president sadly said nothing. Instead, Mr. President went for the sympathy message again, that there was an assassination attempt on his life four years ago.


My take away: Mr President, this is a good try but it took four years and on the eve of election campaign for you to disclose such grave national security information. Any attempt on your life as our leader is an attack on all of us as a people and a nation. Twenty-four hours before this Lagos presidential flag-off, there was an attack of terror in Paris in which 12 people were killed. By midnight, arrests had been made; the Government of France had swung into action with 80,000 combined security forces in a manhunt for the terrorists. They pursued the terrorists into a forest, evoking memories of Sambisa Forest.

As I conclude this piece, three terrorists had been killed and one was on the run. After six years, there was no message or plan in this presidential re-election bid speech on how to solve our security problem. Mr. President spent a lot of time accusing his predecessors of not buying arms. Those young people whom Mr. President sought to impress must remember that in the last 20 or so years, our armed forces have been involved in wars/peace-keeping missions in Somalia, Sierra-Leone and Liberia, and their performance was globally adjudged to be outstanding.

They used arms.
If Mr. President’s predecessors did not buy arms, which arms did these soldiers use for those operations? It seems to me very simple to accept that armoury management is a matter of inventory management; use and replace. I think young people must see these accusations against predecessors as being without basis. Assuming there is a basis, General Buhari left office in 1985; the technology of arms has improved rapidly and it cannot be his fault that a president in 2015 is seeking to use 1985 arms.

Mr. President still owes Nigerians an explanation about the $9 million cash seized in a plane in South Africa, in an amateurish attempt to buy arms through the back door. As far as corruption was concerned, the president’s silence on the forensic audit report about $10 billion and $12 billion or $20 billion, (depending on whose version between the ministry of finance or central bank), showed an unwillingness to defend his record.

I think it would have helped Mr. President’s re-election bid if he spoke about losses to the economy as a result of pipeline vandalism and huge economic losses to the country in terms of stolen crude oil.
Answers to allegations of mismanagement of SURE-P funds being used for political objectives and the unresolved kerosene import scandals would perhaps have been helpful. Instead, Mr. President chose to attack the records of predecessors, many of whom are not seeking re-election.

My take away: Mr. President seems to have forgotten that he is the one seeking re-election and it is his record in the last 4-6 years (not his record as Governor of Bayelsa) that would be helpful to the people in decision making. In case Mr. President has forgotten, he should ask his aides to provide tapes of the Obama campaign for him. President Obama rode into office on a massive emotional campaign anchored on change (and that is where the comparison ends) but in the second term bid, the Republicans were most scathing, unrelenting and uncompromising in the public scrutiny of his first term record. That is what happens in every democracy. It is not about emotion and last minute allegations of assassinations.

Even after Obama had taken out Bin Laden, who claimed responsibility for a terror attack on America, it took a most passionate presidential convention speech by his Democratic predecessor, President Bill Clinton, to defend his record of service and ‘save’ the Obama re-election bid.  Which one of President Jonathan’s predecessors will stand up for his record of service? As far as the economy was concerned, the president pitched on the size of the Nigerian economy as the largest in Africa.

 He was silent on why the citizens of the largest economy in Africa still live in darkness. He was silent on why the football team of the largest economy in Africa will not be at the Nation’s Cup, when Cape Verde, the smallest country will be there.

Mr. President, who was addressing young people, would have helped his own case if he had explained to them why Bolaji Abdullahi, a young Sports Minister, under whose tenure we won the Nations Cup, was removed for political expediency. I think Mr. President needs to be reminded that as recently as December 2014, citizens of the largest economy in Africa were looking for petrol in jerry cans across Nigerian cities including Abuja.

Instead of revealing the plan for the next four years on the issues which Mr. President chose by himself to address, he sounded angry, and appeared irritated by the demands of his citizens for a better life. I expect that Mr. President will seek to do better as he promised across the next 35 states and FCT.

My take away: A re-election bid is like a job appraisal or interview; the applicant who seeks to serve cannot get angry – Anger is not a strategy.

We the citizens must continue to ask questions.  Mr. President made promises to us in Lagos such as the construction of the road leading to the Murtala Muhammed Airport. He promised stable electricity. He promised to keep us safe. He promised jobs although Nigerian youths died under his watch while seeking to serve in the immigration service. Mr. President must show us that these promises have been fulfilled, or he must explain why they were not fulfilled. This is the essence of the social contract in a democracy.

He must show us that he will not lose more parts of Nigeria and that he has a clear plan to reclaim the lost ones and rescue the Chibok girls who fall into the generation of young people he chose to address. This is the presidential speech I waited for. I am still waiting. Mr. President has 35 more states and the FCT to convince us not to vote for the CHANGE that beckons.

P.S:
If you watched the speech given by the APC vice-presidential candidate in Benin City on the same day, please note that he became candidate only on the 11th of December, 2014? 25 days ago (not six years ago) yet he was able in half an hour without a prepared speech to discuss a plan for security, power, jobs, healthcare and social security.

Source: Thisday

Presidential Declaration: My Take Away

BRF
On Thursday 8th of January, 2015, the Peoples Democratic Party (PDP) came to Lagos, warts and all, in furtherance of a presidential campaign flag-off. They had advertised this flag-off with a promise to show what they had done in Lagos. I anticipated this visit because I hoped it would provide an opportunity to discuss issues important to the people.

When they left, they left nothing tangible behind except violence, attacks and robberies on citizens who had been trapped in the traffic they created. The All Progressives Congress (APC) National Convention had held in the same city of Lagos a few weeks ago without violence and robberies. But that is not my take away. My take away was the presidential speech.

Having ridden to office on the back of civil society (a.k.a Doctrine of necessity), and having been elected by an impassioned campaign of emotion and sympathy (a.k.a ‘I had no shoes’), I expected that a president seeking re-election will understand that his record of service and not sympathy would be the vote catching message.

Even though I was in Benin to attend the APC vice-presidential candidate’s town hall meeting, I took the time to listen to the presidential flag-off speech. Mr. President had my attention when he said his message that day, and for the rest of the 35 states and FCT, was going to be focused on young people.
And just as I thought he was going to raise hope, he did what no leader should ever do. He dashed hope.

He told young Nigerians that his generation had failed. Yet he seeks their votes to lead them. This compounded the problem. If the president admits personal failure, he was uncharitable in seeking to paint everybody in his own service record. What then is his “Transformation Agenda” about? Failure?

My take away: Leaders don’t dash hope, they inspire it. To be fair, he quite rightly set out the agenda and burning issues on the minds of the Nigerian people when he opened by stating that he was going to address 3 (three) issues of corruption, insecurity and the economy.  I expected to hear about a security plan to restore Nigeria’s territory that was lost to terrorists and how to bring back the girls abducted in Chibok, the president sadly said nothing. Instead, Mr. President went for the sympathy message again, that there was an assassination attempt on his life four years ago.


Buhari can’t win election with cabals surrounding him – Gov Lamido

Jigawa State Governor, Sule Lamido
Jigawa State Governor of Sule Lamido has said that the cabals surrounding the Presidential candidate of the All Progressives Congress, APC, General Muhammad Buhari would not allow him win next month’s general elections in the country.

Lamido said that the ‘’cabals are capitalizing on Buhari’s so call popularity to seek elective positions,’’ saying, however, that ‘’Buhari cannot get the mandate of Nigerians’’ at the polls.

The governor spoke while addressing a large crowd of the ruling Peoples Democratic Party, PDP, supporters in Magatari town in the state during a political rally in the area, Sunday,
“Frankly, even my party, the PDP  has agreed that General Buhari is an incorruptible person but those sounding him are selfish, they are misleading him on the present realities in the country,’’ he said.

Describing the “cabals as dangerous elements,’’ Lamido said that those deceiving Buhari were the former members of the PDP who dumped the party and moved closer to Buhari.

“These cabals seeking elective positions are betrayers. They betrayed PDP; the party which made them what they are today. They will also betray Buhari as soon as they get what they want, just as they are calling PDP all sorts of names and regard Buhari like god now. They will turn their back on him soon,’’ he noted.
He however, assured that the PDP would reclaim all the states it lost due to the defection of some of its former members.
The governor then charged the people of the state not to allow themselves to be lured by desperate power seekers during the February general elections but to vote for the PDP, stressing that Jigawa was historically a PDP state.

“Maigatari town has been existing for the past 1000 years but there was no good roads, clean water supply, good schools, and medical care until when this administration emerged in 2007,’’ he pointed out and assured that more would be done if they gave their mandate to PDP.

In his remarks, PDP state governorship candidate,  Malam Aminu Ibrahim said they were in Maigatari town to express their appreciation over the people’s cooperation and support for the PDP government in the state and how they leave in peace despite their strategic location as a border town with Niger Republic.
The Senator representing Jigawa North West Zone, Danaladi Adamu Sankara donated 20 motor cycles to the state PDP on the occasion.

Source: Vanguard

Buhari can’t win election with cabals surrounding him – Gov Lamido

Jigawa State Governor, Sule Lamido
Jigawa State Governor of Sule Lamido has said that the cabals surrounding the Presidential candidate of the All Progressives Congress, APC, General Muhammad Buhari would not allow him win next month’s general elections in the country.

Lamido said that the ‘’cabals are capitalizing on Buhari’s so call popularity to seek elective positions,’’ saying, however, that ‘’Buhari cannot get the mandate of Nigerians’’ at the polls.

The governor spoke while addressing a large crowd of the ruling Peoples Democratic Party, PDP, supporters in Magatari town in the state during a political rally in the area, Sunday,
“Frankly, even my party, the PDP  has agreed that General Buhari is an incorruptible person but those sounding him are selfish, they are misleading him on the present realities in the country,’’ he said.

Describing the “cabals as dangerous elements,’’ Lamido said that those deceiving Buhari were the former members of the PDP who dumped the party and moved closer to Buhari.

“These cabals seeking elective positions are betrayers. They betrayed PDP; the party which made them what they are today. They will also betray Buhari as soon as they get what they want, just as they are calling PDP all sorts of names and regard Buhari like god now. They will turn their back on him soon,’’ he noted.

Over 150 died in Baga attacks –Military

Maj. Gen. Chris Olukolade
The Defence authorities have faulted the claim that over 2,000 people were killed in the Boko Haram attack on Baga, the headquarters of the Multi-National Joint Task Force on January 3.

The Director of Defence Information, Maj. Gen. Chris Olukolade, said this during a press briefing in Abuja on Monday. He said that 150 people including a large number of members of the Boko Haram sect were killed in the confrontation.

Olukolade explained that many of the residents of Baga and the nearby communities had fled the area because of incessant attacks on their towns by the Boko Haram sect.

He added that many of the residents of the community were able to flee the area while the battle between the soldiers and the insurgents lasted.

Olukolade said that the figures being reported and attributed to eyewitnesses were exaggerated.

“…It is however necessary to inform Nigerians in the interim that the exercise so far has not corroborated the report on the casualty rate which was put at 2,000.

“From all available evidences, the number of people who lost their lives during that attack has so far not exceeded about 150 in the interim. This figure includes many of the terrorists who were bearing arms and got killed in the course of their attack and battle with troops.

“It should be noted that Baga and the neighbouring towns have been under a series of attacks and harassment by the terrorists. In the course of this, many residents have left, leaving the population in the town almost seriously depleted. Many were also able to escape while the terrorists’ battle with troops lasted.


“The figure given by sources who claim to be eyewitnesses must be an extremely exaggerated estimate. Unfortunately, this figure is now being bandied about in a section of the media as if it has been authenticated. It cannot be true,” he said

Olukolade said that the military had embarked on a lot of covert operations including aerial surveillance activities designed to prevent the terrorists from carrying out heinous acts against innocent Nigerians.

The Defence spokesman showed video clips of movement within and around Baga during the incidents.

Olukolade stressed that while it was important to report incidents that would bring out the acts perpetrated by the Boko Haram sect, such reports should be factual.

“In any case, this is no time to debate about casualty figures or number of deaths as the life of any Nigerian is important. Much as the intention which could be with the aim of drawing attention to the atrocities being committed by terrorists group in Nigeria is most welcome, the need for factual presentation of the situation is equally vital,” he added

The Defence spokesman said that the military had not given up on Baga or any other part of the country and was indeed making preparations to address the security challenge.

Meanwhile, the Minister of State for Power, Mohammed Wakil, on Wednesday said the Federal Government was more resolute than ever to tame the Boko Haram insurgency.

The minister also said President Goodluck Jonathan was saddened by the continuous killing of innocent Nigerians by the Boko Haram insurgents, adding that the Peoples Democratic Party was also pained by the savagery unleashed on the North-East by the terrorist group.

The minister said this shortly after he was received by some party chieftains, as thousands of supporters thronged to the Maiduguri International Airport.

Wakil, who said he was in the state to convey the sympathy and condolence of President Jonathan to the people, stated that the Presidency was deeply worried by the killings, including the Baga killings reported to have claimed about 150 lives.

He added that the PDP was most saddened by the Boko Haram insurgency which claimed many lives in the North-East.

Source: Punch

Over 150 died in Baga attacks –Military

Maj. Gen. Chris Olukolade
The Defence authorities have faulted the claim that over 2,000 people were killed in the Boko Haram attack on Baga, the headquarters of the Multi-National Joint Task Force on January 3.

The Director of Defence Information, Maj. Gen. Chris Olukolade, said this during a press briefing in Abuja on Monday. He said that 150 people including a large number of members of the Boko Haram sect were killed in the confrontation.

Olukolade explained that many of the residents of Baga and the nearby communities had fled the area because of incessant attacks on their towns by the Boko Haram sect.

He added that many of the residents of the community were able to flee the area while the battle between the soldiers and the insurgents lasted.

Olukolade said that the figures being reported and attributed to eyewitnesses were exaggerated.

“…It is however necessary to inform Nigerians in the interim that the exercise so far has not corroborated the report on the casualty rate which was put at 2,000.

“From all available evidences, the number of people who lost their lives during that attack has so far not exceeded about 150 in the interim. This figure includes many of the terrorists who were bearing arms and got killed in the course of their attack and battle with troops.

“It should be noted that Baga and the neighbouring towns have been under a series of attacks and harassment by the terrorists. In the course of this, many residents have left, leaving the population in the town almost seriously depleted. Many were also able to escape while the terrorists’ battle with troops lasted.


Saturday, 10 January 2015

Who Provoked Our President?...By Dele Momodu

President Goodluck Jonathan
Fellow Nigerians, barely one month and some days to the start of our 2015 general elections, things are already falling apart. There was never a doubt in my mind that politicians would naturally heat up the polity to a boiling point before God rescues us as always from some wondrously amazing people.

The two leading parties of PDP and APC would do our country a great favour if they can eschew violence and stick to the basic tenets of Democracy. Their foot-soldiers in particular must be warned specifically about the inherent danger associated with deliberately causing mayhem aimlessly in one’s own country.  Most times, it is the poor who would be used as political canon-fodder while the children of the rich would be far away from the theatre of war.

The one man I expected to rise above the petty squabbles of electioneering campaigns is the President and Commander-in-Chief.  Indeed, at the inauguration of his Presidential Campaign Team on Tuesday President Jonathan urged his campaign team and Party faithful to be decorous in their language, focusing on issue and not personalities.

However, barely two days later he was doing the exact opposite of what he had preached.  It is unfortunate that the President chose to go back on his words as he joined the fray two days later as he practically exploded in public during the flagging off of his re-election bid as President. The tone and tempo of his speech was stylishly vituperative. It could easily have been described as spitting fire and shooting from the hips. He appeared to me like a man who was under intensive pressure and didn’t really know how to off-load the heavy burden on his chest.


I should have suspected that something unpleasant was about to happen after I read the news that the Presidency had responded in kind to the myriad of attacks and salvos fired at Dr Goodluck Jonathan by former President, General Olusegun Obasanjo, who has since become a loose cannon in the PDP. The former President has arguably become a one man riot squad against the second coming of President, was savagely and mercilessly described as a "motor park tout."

For me, this was the climax of a long-drawn battle between father and his godson. We've witnessed such bitter altercations and mutual insults in the past but this recent one took the cake. It is sad that this are the canapés we are being served before the main dishes of sloganeering begin. The global community must be wondering what manner of country ours is where elders throw decorum to the wind in the presence of infants and toddlers. What examples are we setting for the youths we all claim to love so much when we can't tolerate ourselves in the political arena?

All eyes are on Nigeria and in particular the President who is at present the father of the nation. This position is the highest in the land and it was apparently freely handed to him by the good people of Nigeria in 2011. Even before then, the same people had shown him immense love at a time he was being harassed by the proverbial cabal. At that time, no one complained that we hated the North just because we rallied round a man from the Niger Delta. Most of those claiming ownership of Mr President today were nowhere to be seen then.

 It is strange how success instantly catapults a man into a different level and planet. All manner of claimants would suddenly surface from nowhere and chase everyone away. It is the tragedy of power in our clime where the man on the throne has to go through this terrible, and self-immolating, process of deification. This is why most leaders often fail in office because they are usually far removed from reality.

This trait became very obvious as I watched the President deliver his speech in Lagos days ago at the start of his 2015 Presidential campaign. His party leaders were not in short supply. Everyone came to pay homage to the man with the power to turn water into wine over 2,000 years after such a miracle was performed in Galilee. One speaker after the other eulogised the President in superlatives. They raved about his transformation agenda which in their dream or reality must have transfigured Nigeria into a Paradise on earth. Listening to those incredible guys one would have thought they were describing some far-flung places and a true reincarnation of Lee Kuan Yew or a Chairman Mao leading the industrial revolution in Nigeria.

The President himself did not waste this moment, he was visibly pleased with the adulations which in reality were not meant by many of the speakers who had mastered the art and science of lying to anyone in government. I had waited patiently for the President's speech. I was certain he was going to take a very subtle and conciliatory approach but I was very wrong. The moment he took the microphone till he finished, the President was on the offensive.

 It was certainly not a charm offensive but one laced with pent up frustration and anger. He came on like a Heavyweight boxer chasing the World Heavyweight title. The President did not pretend about his intention which was to jab at his challenger using mostly unlawful blows and pummel him to a corner for a possible knockout.

President Jonathan sounded angry and agitated. He made generous use of the literary style of rhetorical questions. He threw many of such posers to his jubilant crowd who must have wondered at the physical transformation of their candidate. If the President was known to be gentle and somehow taciturn in the past, he was the exact opposite on Thursday, January 8, 2015. He was clearly in an upbeat mood and it reflected in his grandstanding.

Let's now go to the meat of his speech and try to examine the merits of the self-glorification, whether vain or otherwise. The summary can be put simply thus: Mr President blames his predecessors for all the woes that have bedeviled Nigeria. I wonder if he forgot that as at the last count, his political party has been in power for 16 years and he has been the only Nigerian permanently in power since our return to democratic rule in 1999 as Deputy Governor, Acting Governor, Governor, Vice President, Acting President and President. 16 years is a very long time in the life of a nation.

 Nigeria must have spent more money in those 16 years than all the different Republics and regimes put together but sadly without commensurate results. Moreover, he also appears to have selectively forgotten that most of the predecessors that he is lambasting like Obasanjo and General Ibrahim Badamasi Babangida, are card carrying members of his Party, the PDP, and thus their failings are the failings of his Party and by extension himself.

The President spoke repeatedly about the youths and referred to himself and others as being too old and half-dead. If so why is he contesting when there are many brilliant young people in his party? But it was a subliminal message to discredit General Muhammadu Buhari as being too old to rule this generation. "I do not want to address old people like me because we are spent already."

Unfortunately, it seems the President is not in tune with the current mood of the nation and his supporters are not likely to give him the true picture. Many of us don't care if the man coming is going to rule from a wheelchair. We all run to the elders of the house in the days of tribulations. I wish to assure Mr President that unlike in the past when the PDP propaganda was able to truncate Buhari's mission of rescuing Nigeria from the doldrums the story has changed miraculously today.

The youths have chosen to follow his crusade even if his enemies decide to change his age to over 80. They believe the younger leaders have not done any better than the gerontocrats we all love to deride as causing our failure. Therefore playing the kite of old age won't fly this time around.
The President boasted that he has been able to conduct credible elections.

I daresay that is not his doing but the action of the People of Nigeria who have resolved to protect their votes.  Besides, he forgot to add that after wasting billions of naira on data capture machines they were abandoned. The Nigeria Governor’s Forum held an election of 35 people which saw a winner emerge with 19 to 16 votes yet our President recognised a loser choosing 16 above 19.

He said he believes in the rule of law yet the law is being desecrated and there are too many sacred cows in PDP. I dare our security agencies to storm any PDP Secretariat and carry away their computers and staff the way they have been doing to APC. It is pitiable that a supposedly impartial State security and intelligence outfit will give one reason for carrying out such a dastardly unconstitutional act but then recant and give another wholly diametrically opposed justification for such a raid.

The President is proud that Nigeria has the biggest economy in Africa but people are asking how that has affected the lives of the people. The Agricultural revolution being trumpeted is good no doubt, but it is not yet Uhuru. The question is where is the food? What are the Prices? Where is the income that should flow from such agricultural miracle.

The President claims that he has done a lot for the security situation in the country.  However, it seems that the President is fantasising about another country. At no time in Nigeria’s history has insecurity reached the level that it is now.  There are regular killings, bombings, kidnappings, abductions, raping not to mention the unresolved saga of the Chibok Girls.

A country whose military has received endless praise on many peace-keeping missions overseas cannot deploy the same military to effective use in finding almost 200 girls who remain missing.  That is an indictment on the President which no whitewash can hide. The simple truth is that our people feel unsafe, even those few who have turned our much maligned police force and soldiers into personal ‘maiguards’!

The President claims that one of his achievements in the petroleum sector is that Nigerians no longer queue for petrol.  Although that is incorrect because there are still regular intervals when there is petrol scarcity the truth is that Nigeria as an oil producing nation has never had it so bad.  The price of petrol and petroleum products are the highest they have ever been.

Even when the world crude oil prices have fallen by more than 100% and the Co-ordinating Minister of the Economy, Dr. Ngozi Okonjo-Iwealla admits that there is no longer any subsidy on petrol, the price has remained the same.  Her justification, which I referred to previously, is too puerile to repeat because it is an insult on the intelligence of Nigerians.

As Governor Babatunde Raji Fashola said in his own reaction to the President’s speech:
“I spent about an hour this afternoon listening to the President in my State and, for almost the same period, I saw a very angry President. I saw a President who was recriminating about people recriminating about people criticising his job performance and was blaming all those who ruled before him forgetting that he had been on this job for six years.

And he kept saying that, ‘They say we don’t have a plan.’ But for 25 minutes, he did not reveal a plan on power; he did not reveal a plan on security; he did not reveal a plan on corruption.

Now after six years, without being able to articulate what he is doing and what he will do, and he keeps blaming everybody, forgetting that he is the Commander-in-Chief, if the kitchen is too hot, as it is becoming of late, you must get out of the kitchen.”
I’m almost certain the President will receive more knocks from other stakeholders for this newly acquired belligerent disposition. My advice as usual is very simple.

A man should never change what has worked wonders for him all his life. The President’s gentle mien had always been his secret weapon. A man who did not lift a finger to become President need not wage a war to retain it. Elections are never won by abusing potential voters but usually through the use of persuasion. Those who are misleading the President are not helping him. All they’ve succeeded in doing is to alienate the electorate and paint him as someone who is very desperate for power.

I advise the President to maintain his calm dignity instead of fighting real and imaginary enemies on all fronts. There is nothing more he wants from God. He has been very lucky but there is no need to overstretch that luck. If perchance he is defeated on FEBUHARI 14 (as some people have described the election date), the President should accept his fate graciously and return home triumphantly. Anything else may wipe out all that he has effortlessly achieved.
Mr President, there is life outside government.

Source: Thisday

Who Provoked Our President?...By Dele Momodu

President Goodluck Jonathan
Fellow Nigerians, barely one month and some days to the start of our 2015 general elections, things are already falling apart. There was never a doubt in my mind that politicians would naturally heat up the polity to a boiling point before God rescues us as always from some wondrously amazing people.

The two leading parties of PDP and APC would do our country a great favour if they can eschew violence and stick to the basic tenets of Democracy. Their foot-soldiers in particular must be warned specifically about the inherent danger associated with deliberately causing mayhem aimlessly in one’s own country.  Most times, it is the poor who would be used as political canon-fodder while the children of the rich would be far away from the theatre of war.

The one man I expected to rise above the petty squabbles of electioneering campaigns is the President and Commander-in-Chief.  Indeed, at the inauguration of his Presidential Campaign Team on Tuesday President Jonathan urged his campaign team and Party faithful to be decorous in their language, focusing on issue and not personalities.

However, barely two days later he was doing the exact opposite of what he had preached.  It is unfortunate that the President chose to go back on his words as he joined the fray two days later as he practically exploded in public during the flagging off of his re-election bid as President. The tone and tempo of his speech was stylishly vituperative. It could easily have been described as spitting fire and shooting from the hips. He appeared to me like a man who was under intensive pressure and didn’t really know how to off-load the heavy burden on his chest.


Nigeria, 3 Others Account for Half of Africa’s Poor, Says Report

Nigeria, the Democratic Republic of the Congo (DRC), Tanzania and Ethiopia currently account for about 413 million people living below poverty line in Africa. This is about half of the continent’s population.

The disclosure was contained in the 2014 Africa Progress Panel Report (APPR), released during the week. The panel which has 10 board members is currently chaired by the former Secretary-General of the United Nations (UN), Kofi Annan. Nigeria’s former President, Chief Olusegun Obasanjo, is also on the board.

The report stated:  "More than 413 million people still live below the poverty line. Just four countries: Nigeria, DRC, Tanzania, and Ethiopia, account for half of Africa’s poor."
While acknowledging that Africa remains one of the world’s fastest growing regions in the world, it said: "In the past decade and a half, the only global region to grow consistently faster than Sub-Saharan Africa has been developing Asia. Africa’s average incomes have risen by a third."

Oil, gas, and minerals, it added, have been driving much of this growth in countries such as Sierra Leone, Ghana, and Mozambique. But non-extractive sectors including agriculture have been key in countries such as Cote d’Ivoire, Rwanda, and Ethiopia.

However despite the impressive and robust population growth, too few people are benefitting from the continent’s natural resources, adding that inequality was on the upward growth.

The way out of the poverty menace, the report advised was for African governments to focus on agriculture to reduce poverty, a sector that supports two thirds of all African people. "Africa could feed itself but instead it imports food worth $35 billion per year." the Report explained.
APP said: "Food production in Sub-Saharan Africa is falling behind. It now exports less than Thailand."

However, it said Africa’s applied technology innovations showed African creativity when given the right opportunity.

"Developed by Africans for Africa and the world, this digital and mobile technology is accelerating Africa’s productivity growth.

Indeed Africa’s agricultural productivity could easily double within five years." It also added.
The Report further stated:  "Urbanisation, hunger, and the heavy cost of food import bills mean that Africa must produce more food.

"Global population is set to grow from 7.2 billion to 9.6 billion by 2050. Urban populations will grow even faster. Global food demand is expected to double. This is an excellent commercial opportunity for African agriculture."

The 2014 Report urged African governments to invest more in their agricultural sectors, which directly affects two thirds of Africa’s population. It however stressed that Zambia, Liberia, and Mozambique show that time, effort, and money can produce impressive agricultural growth, adding that growing the sectors can drive national growth.

"Illegal logging costs the continent an estimated $17 billion every year, while, illegal, unreported, and unregulated fishing costs West Africa alone a conservatively estimated $1.3 billion every year.

"Foreign boats are not just taking fish, they are stealing food, jobs, and income”, APPR asserted.
Africa has been losing an estimated 5.7 percent of its Gross Domestic Product (GDP) an equivalent of $50 billion, to illicit financial flows, which is more than the continent spends on health.

Source: Thisday

Nigeria, 3 Others Account for Half of Africa’s Poor, Says Report

Nigeria, the Democratic Republic of the Congo (DRC), Tanzania and Ethiopia currently account for about 413 million people living below poverty line in Africa. This is about half of the continent’s population.

The disclosure was contained in the 2014 Africa Progress Panel Report (APPR), released during the week. The panel which has 10 board members is currently chaired by the former Secretary-General of the United Nations (UN), Kofi Annan. Nigeria’s former President, Chief Olusegun Obasanjo, is also on the board.

The report stated:  "More than 413 million people still live below the poverty line. Just four countries: Nigeria, DRC, Tanzania, and Ethiopia, account for half of Africa’s poor."
While acknowledging that Africa remains one of the world’s fastest growing regions in the world, it said: "In the past decade and a half, the only global region to grow consistently faster than Sub-Saharan Africa has been developing Asia. Africa’s average incomes have risen by a third."

Oil, gas, and minerals, it added, have been driving much of this growth in countries such as Sierra Leone, Ghana, and Mozambique. But non-extractive sectors including agriculture have been key in countries such as Cote d’Ivoire, Rwanda, and Ethiopia.

However despite the impressive and robust population growth, too few people are benefitting from the continent’s natural resources, adding that inequality was on the upward growth.

Thursday, 8 January 2015

Jonathan to Buhari: I would have rejected MEND’s endorsement

President Goodluck Jonathan
President Goodluck Jonathan, Thursday, dismissed the alleged endorsement of the Presidential Candidate of the All Progressive Congress, General Mohammadu Buhari by the Movement for the emancipation of Niger Delta, saying that no person who mean well for the country should be excited by the endorsement of a terrorist organisation.

In a statement by the Special Adviser to the President on Media and Publicity, Dr Reuben Abati, he noted that for a faction of MEND that had attacked venues where the President was presiding over events at least two times, the attack on the person of the President did not come as a surprise.

President Jonathan therefore advised General Mohammadu Buhari not to “place any stock on his purported endorsement by the renegade faction of MEND which is led by a convicted and unrepentant terrorist with whom no leader who truly means well for Nigeria should be associated”.

The statement reads:
“We have noted with amusement, the vituperations against President Goodluck Ebele Jonathan by the renegade faction of the Movement for the Emancipation of the Niger Delta (MEND) headed by the convicted terrorist, Henry Okah in a statement issued to endorse the presidential candidate of the All Progressives Congress (APC), Gen. Muhammadu Buhari.

“While we thank all people of the Niger Delta, including the former militants whom MEND claims to represent who have already disassociated themselves from the statement issued by the faceless Jomo Gbomo and reaffirmed their unflinching support for President Jonathan’s re-election, we will like to state that the latest assault on the President by Henry Okah and his stooges did not come as a surprise to us at all.


“It was very much to be expected, coming as it did from an individual and group who have never hidden their vengeful personal animosity against the President and who have even gone to the extent of launching murderous assaults on venues at which the President was present on two occasions.

“It is most regrettable indeed that rather than show remorse for the terrorist acts against his fatherland for which he is now rightly serving a term of imprisonment in South Africa, Henry Okah continues to pursue a pointless personal vendetta against President Jonathan who continues to advance and protect the interests of the people of the Niger Delta which Okah and his group threatened with their misguided actions.

“The vituperations against President Jonathan in the MEND statement endorsing General Buhari are mischievous, baseless and deliberately styled to denigrate the good works of the President.
“It is well known that President Jonathan played a significant role in ending the militancy and insurgency in the Niger Delta.

“Under his watch, the destruction of oil facilities and the incessant kidnapping and killing of expatriates in the Niger Delta waterways have become a thing of the past.
“The attempt by Jomo Gbomo’s MEND to rewrite history by tarnishing the person of President Jonathan for selfish, pecuniary and political gains will amount to an exercise in futility.

“All patriotic and right-thinking Nigerians must consider an endorsement from a convicted criminal and his group who harbor evil intentions against the unity and progress of their country as a poisoned chalice.

“President Jonathan would never have accepted such an endorsement from terrorists and renegades.
“The President therefore advises General Buhari not to place any stock on his purported endorsement by the renegade faction of MEND which is led by a convicted and unrepentant terrorist with whom no leader who truly means well for Nigeria should be associated”

Source:Vanguardngr

Jonathan to Buhari: I would have rejected MEND’s endorsement

President Goodluck Jonathan
President Goodluck Jonathan, Thursday, dismissed the alleged endorsement of the Presidential Candidate of the All Progressive Congress, General Mohammadu Buhari by the Movement for the emancipation of Niger Delta, saying that no person who mean well for the country should be excited by the endorsement of a terrorist organisation.

In a statement by the Special Adviser to the President on Media and Publicity, Dr Reuben Abati, he noted that for a faction of MEND that had attacked venues where the President was presiding over events at least two times, the attack on the person of the President did not come as a surprise.

President Jonathan therefore advised General Mohammadu Buhari not to “place any stock on his purported endorsement by the renegade faction of MEND which is led by a convicted and unrepentant terrorist with whom no leader who truly means well for Nigeria should be associated”.

The statement reads:
“We have noted with amusement, the vituperations against President Goodluck Ebele Jonathan by the renegade faction of the Movement for the Emancipation of the Niger Delta (MEND) headed by the convicted terrorist, Henry Okah in a statement issued to endorse the presidential candidate of the All Progressives Congress (APC), Gen. Muhammadu Buhari.

“While we thank all people of the Niger Delta, including the former militants whom MEND claims to represent who have already disassociated themselves from the statement issued by the faceless Jomo Gbomo and reaffirmed their unflinching support for President Jonathan’s re-election, we will like to state that the latest assault on the President by Henry Okah and his stooges did not come as a surprise to us at all.


How the Presidential Elections Would be Decided -- PDP Chairman

Alhaji Adamu Muazu PDP Chairman
The national chairman of the ruling Peoples Democratic Party (PDP), Alhaji Adamu Muazu, has said that the next month presidential election and other elections would be decided based on the ‎merits achievements of what the President Goodluck Jonathan has done.
A statement signed by the Chief Press Secretary to the National Chairman, Tony Amadi, said that a bird in hand is always worth more in the bush, stating, "That is how the 2015 elections will be decided. You have President Jonathan who can point to his numerous achievements on ground in the last six years and his opponent, General Muhammadu Buhari (rtd.) who has been going round the country spreading promises to all the corners.
"The All Progressive Congress must cost their economic programme and explain to Nigerians how they will fund it. It is only right that they prove to Nigerians that they have added up the sums in their various costing to show that they are ready for governance.
"Nobody has been given any indication that they have estimated the cost of their array of promises and have figured out where the money to fund their millions of jobs before December 2015 will come from.
"We demand the costing of their economic plan for Nigeria for the remainder of their first year if they were to win the elections. Nigerian politics have gone beyond making empty promises you know cannot be fulfilled. Nigerians are now wiser after 15 years of democratic practice and the time for making unachievable promises are far in the past.
Source: Thisday

How the Presidential Elections Would be Decided -- PDP Chairman

Alhaji Adamu Muazu PDP Chairman
The national chairman of the ruling Peoples Democratic Party (PDP), Alhaji Adamu Muazu, has said that the next month presidential election and other elections would be decided based on the ‎merits achievements of what the President Goodluck Jonathan has done.
A statement signed by the Chief Press Secretary to the National Chairman, Tony Amadi, said that a bird in hand is always worth more in the bush, stating, "That is how the 2015 elections will be decided. You have President Jonathan who can point to his numerous achievements on ground in the last six years and his opponent, General Muhammadu Buhari (rtd.) who has been going round the country spreading promises to all the corners.
"The All Progressive Congress must cost their economic programme and explain to Nigerians how they will fund it. It is only right that they prove to Nigerians that they have added up the sums in their various costing to show that they are ready for governance.
"Nobody has been given any indication that they have estimated the cost of their array of promises and have figured out where the money to fund their millions of jobs before December 2015 will come from.
"We demand the costing of their economic plan for Nigeria for the remainder of their first year if they were to win the elections. Nigerian politics have gone beyond making empty promises you know cannot be fulfilled. Nigerians are now wiser after 15 years of democratic practice and the time for making unachievable promises are far in the past.
Source: Thisday

Thursday, 1 January 2015