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Insecurity: Don Knocks Masari Over Arms For Self- Defence Comment

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A lecturer at the University of Ibadan, Dr. Oludayo Tade, has advised Governor Bello Masari to address the root causes of insecurity in the country.
Tade, who lectures at the Department of Sociology, said that the Nigerian government has failed in its responsibility to protect its citizens.
He was reacting to the call by Katsina State Governor, Aminu Bello Masari that residents in the state should acquire arms and defend themselves against bandits.
But, Tade, while reacting, explained that acquiring weapons by citizens in the name of self-defense will increase bandit cells and deepen insecurity.
The criminologist noted that besides the issues of border porosity, the northwest states are leading in terms of unemployment.
Tade, maintained that the states in the Northwest should be realistic and present a common front to battle bandits which they reared irresponsibly.
Tade, who spoke on Thursday in Ibadan said, “The Northwest states are facing almost the same problem of banditry and should work together, formulate common policies and collectively use their humongous security votes to protect their residents and not only their families.
“The statistics from the region from the National Bureau of Statistics in the last quarter of 2020 showed that Katsina alone has 25.5percent unemployment rate with about 438,808 people unemployed; Jigawa has 565,978 (38.69%), Kaduna has 1,111,091 (44.35%), Kano has 717,086 (25.5%) while Kebbi, Sokoto and Zamfara have 213, 570 (17.25%), 162,349 (14.48%), 202, 568 (12.9%) respectively. The statistics on poverty rate from the region is a sign of danger and failure of effective leadership.
“Who will you give weapons to in a state like Zamfara with a poverty rate of 73.98percent or in Sokoto with 87.73percent poor people? The least in the region has 43.48percent of her population as poor. So, who will be the civilian that is not already vulnerable to bad governance and will be given arms and not also use it as an opportunity to extort?
“Leaders from the zone should be objective to themselves and address what they have contributed to creating the monster of banditry? How many of them are close to the bandits?.
“Governance is not about enjoying the perks of office and shifting responsibilities to the vulnerable. Rise up and address the root cause of banditry. Weapon proliferation is already a problem and we should not add to it”.

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Oil Industry: PTDF Shortlists 8,800 For Overseas Scholarships

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As part of efforts to boost the capacity of Nigerians to work in the oil and gas industry, the Petroleum Technology Development Fund (PTDF) has shortlisted 8,800 candidates from over 26,000 applicants for this year’s overseas scholarship scheme (OSS).
The PTDF OSS is an annual programme that awards scholarships to Nigerians for MSc and PhD studies in partner universities in the United Kingdom, Germany, France, China and Malaysia.
Speaking on the process for this year’s selection, Manager, Overseas Scholarship Scheme, PTDF, Mr. Bello Mustapha, said the process which started in December, 2021, would see the shortlisted candidates interviewed across centres in Abuja, Port Harcourt, Ibadan, Kaduna and Bauchi.
He said: “We are here for the 2022/2023 academic session, we have advertised the scholarship and we have called on people to apply, people have applied, over 26,000 people applied for the scholarship and over 8,000 were selected to come and do the interviews.
“We conduct the interviews in the six geopolitical zones of the country but we are doing in five geopolitical zones of the country this year because of the issues of insecurity in the South-East. So, we are using Ibadan, we are using Bauchi, we are using Port Harcourt, we are using here and we are using Kaduna”.
Mustapha explained that candidates in the South-East have been advised to pick centres outside the region to enable them participate in the interview process.
“We sent them mails to choose any centre. In all the geopolitical zones we have, you can actually choose any centre that you want. You may be in the South-East and you decide to come and do it in Abuja, or you can even go to Bauchi”.
While declining to indicate the exact number of candidates that would be finally selected for the scholarship award, he said the number would be dependent on the budget of the Fund.
He noted that at the end of their training abroad, the scholars were expected to return to the country to work in the petroleum industry and contribute their quota to growth of the Nigerian economy.

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Umahi Salutes Courage Of Editors

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Ebonyi State Governor, Engr David Umahi, has described the Nigerian Guild of Editors (NGE) as a professional group that is non-partisan and “equipped with a high sense of discipline”.
The governor made this known while addressing Editors at a cocktail party after a meeting in Abakaliki, the Ebonyi State capital.
Represented by his Deputy, Dr Eric Kelechi Igwe, Umahi said he had studied the Nigerian Guild of Editors very well, and had come to the conclusion that indeed, they are professionals who have the capacity and potential to stimulate the political direction in the country.
He said by the infrastructure and industrial revolution going on in the state, the man (David Nweze Umahi) has “the capacity to take Nigeria to the land of Eldorado”.
The governor said many people had indicated interest to preside over the affairs of the country but do not have what it takes to provide good governance when given the opportunity.
He assured the Editors that Umahi would never renege on his promise to transform Nigeria.
In his remarks, President of the NGE, Mr Mustapha Isah, commended the state government for the various developmental projects across the state.
Isah said “We have gone round, and I assure you that the Thomas in us has disappeared.
“We have seen flyovers, good roads in fact the only bad road we saw belongs to the Federal Government.
Isah told the governor of the gigantic flyover under construction at Edda, and said when he enquired about the value of the project, he was told that the entire project cost N3billion, and was being constructed by direct labour, which, when compared to some states, was just the design stage.
The NGE president observed that Ebonyi was one state that occupies the bottom level in federal allocation but at the top in rural and urban transformation, and praised the governor for using scarce resources prudently to better the state.
He also lauded Umahi for building the King David University of Medical Sciences, saying it was world-class and the first in Nigeria, and wished him well in his future endeavours.
Also present at the occasion were members of the State Executive Council.

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CBN Raises Interest Rate To 13%

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to raise the Monetary Policy Rate (MPR), which measures interest rate, to 13per cent.
This was disclosed by the CBN Governor, Godwin Emefiele, while briefing newsmen at the end of MPC’s 285th meeting at the apex bank’s headquarters in Abuja, yesterday.
It is the first time in two and a half years that the committee would increase the MPR.
The MPR is the baseline interest rate in an economy while every other interest rate used within such an economy is built on it.
Speaking, yesterday, Emefiele said six out of the 11 members of the committee voted to raise the key rate.
He stated that the committee also voted to retain the asymmetric corridor at +100 and -700 basis points around the MPR, as well as Cash Reserved Ratio (CRR) at 30per cent.
The CBN governor said the MPC also voted to retain all other parameters.
“The sharp rise in inflation across both the advanced and emerging market economies has generated growing concerns among central banks as the progressive rise in inflation driven by rising aggregate demands and wage growth has put sustainable pressure on price levels.
“Consequently, the major central banks such as the U.S. Fed, the Bank of England, European Central Bank, and Bank of Canada have provided strong guidance of a progressive shift away from monetary policy accommodation to drive market interest rate which may ultimately impact capital flows away from emerging market economies,” Emefiele said.
He, therefore, enjoined various banks in the country and the Federal Government to increase efforts in supporting monetary authority.

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