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Senate Passes Amended Proceeds Of Crime Bill

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The Senate has passed a reworked version of the Proceeds of Crime (Recovery and Management) Bill, 2022, after amending the provision of clause 74.
The passage of the bill follows the consideration of a report by the Joint Committee on Judiciary, Human Rights and Legal Matters; and Anti-Corruption and Financial Crimes.
The Tide source reports that the Senate had, on March 15, while relying on Orders 1(b) and 52(6) reconsidered its decision on clause 74 of the bill as passed.
The upper chamber had re-committed same to the Committees on Judiciary, Human Rights and Legal Matters and Anti-Corruption and Financial Crimes.
Chairman, Judiciary, Human Rights and Legal Matters Committee, Sen. Opeyemi Bamidele, in his presentation said after the passage of the bill, series of reactions trailed its passage with respect to clause 74 which was amended in the course of deliberations.
He said, “In the original bill, clause 74 provides that, “Subject to the provisions of this Act, the defendant in any proceedings under this Act bears the burden of proving that he is  legitimate owner of the assets suspected to be proceeds of crime or derived from unlawful activity or that the assets is of legitimate origin and is not proceeds of unlawful activity.”
The Senate, however, amended the clause during consideration to provide that: “The burden of proof shall be on the investigating agencies and there shall be conviction before the property can be finally seized or forfeited to the Federal Government of Nigeria.”
Opeyemi stated that the joint committee while engaging with the investigating agencies was told that maintaining the original provision of clause 74, as recommended was in the best interest of the country.

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Protest Rocks Kano Over Appeal Court Judgment

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Protests erupted in Kano city and its environs on Monday afternoon with the demonstrators denouncing the recent judgment of the Court of Appeal that sacked the state Governor, Abba Yusuf.
The Tide’s source reports that uneasy calm pervaded the state capital following a contradictory Certified True Copy of the Appeal Court that affirmed the prayers of both the appellant and the respondent in the contentious Kano governorship, though the judiciary had since cleared the air.
In what appeared like a coordinated action on Monday, huge crowd of protesters had stormed strategic positions in the city as it visited temporary hiccups on commercial activities.
Kano- Zaria Road, Maiduguri Road by Muhammadu Buhari’s interchange, and Kantin Kwari (Kano textile market) were taken over by hundreds of youths who called for justice for Abba Yusuf.
Some of the placard read: “Kano my city my state”, “Justice for Kano”, “ Justice for Abba”, “Abba’s mandate was stolen in 2019, we will not allow it happen in 2023″.
The protest came on the heels of discovery by the Police that “some faceless group are bent on unleashing violence in Kano”, stressing that the police were on top of the situation.
Cp Hussaini Gumel told newsmen in Kano on Monday that already 7 suspects had been arrested and would be arraigned soon.
Gumel revealed that “we have the understanding with the leadership of the contending political parties, and they have signed a peace pact. In view of that, therefore, any one found outside this arrangement will be treated as common criminal”.
However, normalcy had since returned to the ancient city following the peaceful protest that lasted several hours.

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NASS To Receive Tinubu’s 2024 Appropriation Bill, Today

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President Bola  Ahmed  Tinubu will today, present the 2024 budget to the joint session of the National Assembly.
Secretary, Research and Information of the National Assembly, Dr Ali Barde Umoru, confirmed this on Monday to journalists while requesting the list of those to be allowed into the chamber during the budget presentation.
This will be the first budget estimate President Tinubu will present to the National Assembly in person.
He had earlier transmitted two supplementary budgets, 2022 and 2023, to the National Assembly, which the parliament speedily approved.
President Tinubu had, weeks ago, also forwarded to both chambers of the National Assembly, the 20224-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) where the sum of N26.1 trillion was proposed as the total expenditure for the 2024 fiscal year.
The Senate, following the recommendation of its joint committee, which scrutinised the document, approved the MTEF/FSP.
It approved the N26.1trn proposed as the 2024 budget and other parameters as proposed by President Tinubu.
It approved the new borrowings of N7.8 trillion, pegged the benchmark of oil price for 2024 at $73.96, and oil production volume per day at 1.78 million barrels.
Other parameters approved are a GDP growth rate of 3.76%, an inflation rate of 21.40%, an exchange rate of N700 to $1 dollar, and a projected budget deficit of N9.04 trillion.

 

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Muslim Clerics Offer Prayers For Tinubu, Kwankwaso In Kano

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Over 1,000 Islamic clerics have offered special prayers for President Bola Tinubu and the NNPP national leader, Rabiu Kwankwaso, for peace, progress and political stability in Nigeria.
Abdulmumin Kofa (NNPP-Kiru/Bebeji) hosted the ulamas at Kiru for the success of Governor Kabir Yusuf of Kano State at the Supreme Court, according to a statement by the lawmaker’s media aide, Sani Paki, on Monday.
During the prayer session, the clerics recited the Qur’an 1,101 times and prayed for peace, progress and political stability in the country.
Mr Kofa said his relationship with the president was no secret, noting that Mr Kwankwaso is his mentor. He said he would continue to support and promote a harmonious relationship between Messrs Tinubu and Kwankwaso.
Mr Kofa described NNPP as a promising party open to collaboration, alliance and merger with the APC and even with the People’s Democratic Party, Labour Party or any other party that showed interest, so long as it is for the good of Nigerians.
He also promised to deploy his modest political network to reach out to gladiators in Kano politics towards resolving all resolvable issues and to de-escalate the current tension in the state due to the Kano governorship seat.
Also, after the prayer session, the legislator hosted 5,000 primary school kids across his constituency, as he often does, and provided them with school kits.
According to the statement, Mr Kofa assured the pupils of the good plans of the federal and state governments, especially on free education and free school feeding programmes.

 

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