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Jonathan Suspends N5,000 Note Plan … As NBA Calls For Sanusi’s Sack

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R-L: Rivers State Governor, Rt. Hon. Chibuike Amaechi with Managing Director, Oando Plc, Mr. Wale Tinubu, Minister for Trade and Investment, Olusegun Aganga and the Minister for Transport, Sen. Idris Umar, at the Oando exhibition stand during the 1st Nigeria Oil and Gas Trade and Investment Forum at Onne, Rivers State…Thursday.

President Goodluck Jonathan has
met with Senate President David Mark and House Speaker Aminu Waziri Tambuwal on
the decision of the National Assembly to reject the introduction of the N5,000
note by the Central Bank of Nigeria (CBN).

It was learnt that in the meeting
at the Presidential Villa, Abuja, the President expressed worry on plans by the
National Assembly, especially the House, to begin Status Enquiry on Capital
Projects in the 2012 budget.

But Mark and Tambuwal assured him
that the physical tour of projects was not meant to attack the Executive or
initiate impeachment proceedings against him.

The President met Mark and
Tambuwal after the two chambers of the National Assembly opposed the
introduction of the N5,000 note by the CBN.

A source, who pleaded not to be
named because he is not allowed to talk to the media, said the Senate President
and Speaker insisted that the timing of the N5,000 note was not good.

They also conveyed the feelings of
Nigerians that they do not want the denomination, asking President Jonathan not
to run against the wish of the majority of Nigerians.

The source said: “The President
and the National Assembly leaders had mutual discussion on the arguments for
and against the N5,000 note.

“At the end of the day, the
President told the leaders: ‘If that is the popular decision of Nigerians, we
will advise the CBN to have a rethink of the policy. We will not enforce it
because we cannot run against the wish of our people.’

“The President was not too
categorical but his body language at the meeting indicated that he might
consult with the CBN and the Economic Management Team to drop the introduction
of the new note.”

It was gathered that the President
was concerned also about the decision of the National Assembly to embark on
Status Enquiry on Capital Projects in 2012 budget.

According to another source, the
President felt physical verification of capital projects by members of the
National Assembly might still be a carry-over of the row between the Executive
and the Legislature over budget implementation.

But the Speaker explained that the
inspection is designed to assist the Jonathan administration to know the true
position of implementation of capital projects.

“We are not out to undermine your
administration or move against you,” the Speaker was quoted as assuring the
President.

The House also agreed to go ahead
with its planned Status Enquiry on Capital Projects in 2012 budget from next
week.

This decision was reached at an
Executive Session yesterday.

A source said: “As part of our
discovery that budget implementation is low, we will begin inspection of
project sites as from next week.

“This inspection will be solely
financed by the House; we won’t take a penny from the Executive. We want to
know whether these MDAs are working on not.

“After the tour, we will be able
to determine the true position on the implementation of the 2012 Budget and
give Nigerians the accurate percentage of execution.

“We want to ascertain the list of
contracts awarded, status of projects and the extent of cash backing.

“This Status Enquiry will also
assist us in considering the 2013 Budget due for presentation by the end of
this month. The era of abandonment of projects is gone. We will not appropriate
funds for abandoned projects.”

Meanwhile, the Nigeria Bar
Association (NBA), yesterday in Abuja, continued its criticisms on the proposed
N5,000 and called on President Goodluck Jonathan to sack the Central Bank of
Nigeria (CBN) Governor, Sanusi Lamido Sanusi and other top management of the
apex bank for their insistence on going ahead to ahead with the controversial
currency reforms.

The NBA also backed the Federal
Government over its stand on the Onshore/Offshore dichotomy noting that the
matter has been settled by the Supreme Court.

A Senior Advocate of Nigeria and
President of the NBA, Mr. Okey Wali, made the call for Sanusi’s sack at the
association’s Bar Leaders summit and noted that all indices show that Nigerians
do not want the N5, 000 single note.

Wali observed that even if the
leadership of the CBN are right in their postulation on the benefits of the
proposed currency reforms, they are still bound by the wishes of the people or
they should take the honourable path of resignation rather than exhibiting such
unbridled high level of arrogance and rudeness.

“For all the faults that may be
identifiable in President Goodluck Jonathan, arrogance cannot be said to be one
of his attributes. The NBA is therefore amazed that this high level of
megalomania is going on under his watch. We, therefore, call on the President
to please do the needful, initiate the process of the removal from office of
the leadership of the CBN. On our part we will keep our promise to go to court
to challenge the implementation of the policy should the President fail to
reign in the CBN leadership,” he declared.

On the orchestrated campaign by
some northern governors to resurrect the issue of the onshore / offshore
dichotomy to with a view to seeking for an amendment of the law on 13 per cent
derivation, the NBA president, emphasized that the matter has been settled by
the highest court in the land, the Supreme Court in an action instituted by the
Attorney General of Adamawa state and two others against the Attorney General
of the Federation and eight others in 2005.

He reiterated the call on
government to intensify efforts towards enhancing the safety of lives and
properties in the nation, which he noted, is the foremost responsibility of
government to Nigerians.

A Senior Advocate of Nigeria,
Chief Afe Babalola, whose paper was read at the event by Prof. Akinsheye George
(SAN), called for the appointment of Judges from the rank of Senior Advocates
of Nigeria to ensure that only the most qualified, experienced and knowledgable
practitioners of law are appointed to the bench to make our jurisprudence
better.

Babalola noted that in the past
that judges were highly respected and were regarded with great awe but not
anymore.

“It is now a common sight to find judges
at social occasions. Due to the economic realities of the time which has
affected even judicial officers, it is not uncommon to find Magistrates riding
in taxis and other forms of public transportation. The point being made here is
not that judges and other judicial officers must live in a state of utopia
irrespective of the realities of the day; the point is that these developments
increasingly expose judicial officers to risks from litigants and even accused
persons standing trial before their courts. Little wonder then that claims of
corruption, bias and judicial high-handedness which hitherto were virtually
unknown or unheard of in the country’s judicial system are now a common
phenomena”.

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Our Policies Are Geared Towards Protecting Rivers Interest -Fubara

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Rivers State Governor, Sir Siminalayi Fubara, has declared that all the policies and programmes of his administration are tailored towards the protection of interest of Rivers people, especially the youths.
This, he said, is borne out of the importance his administration attaches to youths’ development and empowerment as leaders of tomorrow.
Fubara, according to a statement by his Chief Press Secretary, Nelson Chukwudi, disclosed this when he received the youths of Emohua Local Government Area under the auspices of “Emohua Youths For SIM” on solidarity visit to Government House, Port Harcourt, last Friday.
He said that his administration has put in place modalities that will boost the livelihoods and well-being of Rivers citizens, which youths of Emohua will also benefit when they materialise.
The governor, who spoke through the Rivers State Head of Service, Dr. George Nwaeke, pointed out that the recently awarded Elele-Omudiaga-Egbeda-Ubimini-Ikiri-Omoku Road, the ongoing Emohua-Kalabari Road, reinstatement of illegally sacked workers of Emohua Local Government Area and the approval for electrification of the area, are part of deliberate measures to open up the area to make life conducive and more meaningful for the people.
According to him, “Everything about the governor is putting the interest of Rivers State first. He is looking at and taking action on those things that we need to do to restart the wheels of progress in Rivers State.
“There are many things the governor has planned and is already doing that will boost the life and welfare of every citizen of Rivers State, but most importantly the youths.
“Growing up, I learnt that Egbeda is one of the biggest communities in the whole of Ikwerre, and it’s predominantly an agrarian community. They have food in Egbeda, they have food in Ubimini, they have food in Omudiaga and other natural resources. The whole world is tilting to agriculture, and this is the way to go.
“The Elele-Umudioga-Egbeda-Ubimini-Omoku road, when completed, will open up the area for real development. Your food and everything you produce there will now have value, they will no longer be thrown away. In all these, you the youths are going to be the utmost beneficiaries.”
He added, “Same will be applicable to the Emohua-Kalabari Road which will also, trigger development in the area, and you will be the greatest beneficiaries. When the LGA is also electrified, you will be having 24 or 20 hours of electricity, and those things the youths can do with electricity, you can stay at home and create wealth for yourself and children.
“All the totality of what the governor is doing, when they are completed, or even as some are completed now, the youths are going to be utmost beneficiaries.”
While acknowledging that youths are the true leaders of tomorrow and any government that fails to carry them along in the scheme of things is doomed to fail, the governor assured them of his administration’s commitment to always address issues concerning youths and ensure that they are part of his government.
He commended the youths for toeing the path of truth by identifying with his administration, urging them to sustain the tempo and shun evil, as his government will ensure that the trend whereby politicians turn youths to beggars are over.
He said, “Youths are, indeed, the leaders of tomorrow. The time of youth is a very important time. It a time that your parents or whoever is your leader at that time have to make the greatest investment in you. And any Government that decides to only carry the elderly, chiefs aling and abandon the youths is bound to fail,” he asserted.
“But I am happy that Governor Fubara has concentrated his energy on everything that will benefit the society, especially the youths.
“And based on these, I want to thank you for recognising what is good and calling it good, for shunning what is evil, for saying the Governor is standing for you.
“Let me tell you, you are on the right direction. Let me tell you again, Rivers State is the bride of Nigeria. The whole Nigeria is looking at what will happen here. As they look here and see you standing on the path of truth, this is a very important step that you have taken to right all the wrongs of the past, to make Rivers State stand on the tripod of justice, peace and security. That is what we are going to gain through the governor, taking all the wise actions that he has already initiated.
“The projects the governor is embarking on are meant to prepare nets for the youths to fish and put food on their table, hence you should continue to follow him.
“The SIMplified Movement brought upon by the governor will ensure that Rivers youths stop the habit of going to bow down before politicians, pledging loyalty before they can eat.”
Earlier, spokesman for the Emohua Youths for SIM, Comrade Ovamale O. Ovamale, had said that the visit by youths from the 14 political wards in Emohua Local Government Area was to thank the governor for the award of the Elele-Omudiaga-Egbeda-Ubimini-Ikiri-Omoku road, the approval for electrification of the area and reinstatement of sacked workers of Emohua Local Government Council, of which the youths were mostly affected.
According to him, “Siminalayi Fubara of recent has given Emohua Local Government road that links Elele to Omoku, which comprises over four communities in the local government.”
“Emohua Local Government has also been in darkness for eight years. No community in the local government that has light. But, of recent, because of the passion and love the governor has for the people of Emohua, he has approved the electrification of the local government.
“Also, the illegal sack of Emohua Local Government workers, for which the youths were mostly affected and without the approval of the Local Government Service Commission, the governor, in his compassionate nature, has reinstated them, and that is why we said we must come and thank His Excellency”, he said.

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Our Legacy’ll Leave Lasting Impression On Rivers People -Fubara

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Rivers State Governor, Sir Siminalayi Fubara, has assured that his administration will collaborate and continue to consult widely in delivering a liberated State experiencing enduring peace.
Fubara said, in doing so, he would not operate as a dictator but as a member of a team that has the best interest of the State at heart and determined to leave a lasting legacy that can be celebrated.
The governor spoke during the formal presentation of Certificate of Recognition and Staff of Office to the Amanyanabo of Okochiri Kingdom, King Ateke Michael Tom, as first class tradition ruler, at Government House in Port Harcourt, yesterday.
Fubara stated that, during the Sixth State Executive Council meeting, N80.8billion was approved with 50 percent contract value paid already as the Government awarded the construction of the Elele-Egbeda-Omoku Road.
He said the project will be funded from the savings from Internally Generated Revenue (IGR) to underscore his administration’s prudence without also borrowing to complete the project.
“We are at a crossroad in our State where we all need to stand for what is right. It happens once in a life time. So, for now, be one of those people that will be in the course to liberate and free our dear State.
“And I know strongly that having the support of a peace-loving Amanyanabo of Okochiri Kingdom, having the support of the wonderful Council of Chiefs, having the support of the great people of Rivers State, we will bring peace in our State. We will do those things that are right to develop our State.
“We will continue to consult. We will not act as dictators. We will act as people who know that one day, we will leave, and when we leave, the way we have acted will speak for us. We will not force people to talk good about us. Our legacy will be a signature for how we led”, the governor said.
Fubara explained that he acted within the ambit of the law to upgrade the traditional stool upon which King Ateke Tom sits in recognition of his efforts in promoting peace in Okrika, and indeed, the State, and urged him to continue to do justice to everyone.
In his speech, Commissioner for Chieftaincy and Community Affairs, Hon Charles Amadi, congratulated King Ateke Tom for being formally presented with the Certificate of Recognition and Staff of Office as first class traditional ruler.
Also speaking, former Transport Minister, Chief Abiye Sekibo, thanked the governor for fulfilling his promise of upgrading the traditional stool of Okochiri Kingdom, and pledged the support of Kirike Se people to his administration.

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We’re Determined To Leave Legacy Of Quality Education -Fubara

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Rivers State Governor, Sir Siminalayi Fubara, has promised to give the best attention to the education sector so that standard and quality learning will never be compromised in the State.
The governor emphasised that in achieving such legacy, schools in the State will be driven with a curriculum that will equip school-aged children to become competitive, innovative and self-reliant.
Governor Fubara made the assertion while inaugurating the Governing Council of Rivers State University at Government House in Port Harcourt on Wednesday.
He said: “There is a lot of noise everywhere: people asking what we are doing; that we are not focused, and that we don’t have direction.
”But I want to tell the world that we are focused and aware that we cannot grow if our energies are not channeled to education. Not just education, but purposeful education.
”Education that is creative. Education that gives you independence. We have left the era in the world when you speak too much grammar. We are in such times when it is what you can do with your hands.
”Our purpose for education is that we should bring back our academic programmes to where, at the end of your studies, you don’t need a job but you create jobs. When one creates a job, you automatically employ others. That is what I want this council to see as their task.”
Governor Fubara noted the non-existence of public secondary schools for the male child in the Diobu axis of Port Harcourt.
He said such negligence leaves children in that area who have completed primary education, and whose parents cannot afford sending them to far away secondary schools, to roam the streets, and therefore becoming willing tools for criminality.
Governor Fubara assured that such fundamental problem will be addressed by his administration as a measure to curb the negative impression associated with Diobu axis of Port Harcourt.
The governor said he trusts in the capacity of the members of the Governing Council of Rivers State University to bring about positive change in the institution while also contributing their quota to improving the general education standard in the State.
”I charge you, not just in terms of administering the affairs of the university, but let us add something different from the normal things that we already have to see new things.”
In her response, on behalf of the other members, the Pro-Chancellor of the Governing Council of Rivers State University, Justice Mary Odili (rtd), thanked the governor for finding them worthy to serve in such capacity.
Justice Odili assured they will work assiduously as a team to solve the problems that agitate the mind of the governor and ensure their contributions form part of the legacy that will be bequeathed by his administration.
The members included Justice Mary Odili (rtd) as the Pro-Chancellor and Chairman of the Governing Council with Barrister Mela Oforibika and Chukwuma Chinwo, Esq.
Others were Adata Bio-Briggs, Esq., Dr. Jonathan Nimi Hart, Ngo Martins-Yellowe, Dr. Nancy Nwankwo, Dr. Igoni William-Park, and Mr. Ogbugbu Barisua.

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