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N96bn Fraud: Wike, Rivers Leaders Set To Meet, Decide Amaechi, Cole, Others’ Fate

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Rivers State Governor, Chief Nyesom Wike has said that leaders of the state would meet to decide on whether to commence criminal prosecution of the former Minister of Transportation, Chibuike Amaechi, over the alleged fraudulent sales of some valued state assets and diversion of state funds.
The governor said those whose fate would also be decided during the meeting, would include, Tonye Cole, Sahara Energy Ltd, and former Rivers State Commissioner for Transport, George Tolofari.
Wike, who gave this indication during a media parley attended by Rivers elders in Abuja, last Friday, said the Supreme Court judgement that dismissed Amaechi’s appeal to frustrate investigation into activities of his administration, has vindicated the Rivers State Government.
He explained that on his assumption of office in 2015, the state government set up judicial panel of inquiry to investigate the activities of the former Rivers State Governor, Chibuike Rotimi Amaechi’s administration.
The judicial panel was mandated to investigate the sale of the 150MW gas turbine in Omoku; 360MW Afam gas turbine; 136MW Trans-Amadi gas turbine; and 75MW gas turbine in Eleme; Monorail Project; the sale of Olympia Hotel; and non-execution of the contract for the construction of Justice Karibi-Whyte Hospital after the Amaechi administration paid $39.2million to the contractor.
Wike said the judicial panel at the end of its investigation submitted its report and recommendations to the state government.
According to him, this necessitated the state government to come up with a White Paper Report.
“So many people were indicted by that report, and so, we didn’t go to court to file charges against those that were indicted because some people went to court, particularly, the former Governor, Rotimi Amaechi. And as those who obey the rule of law and have respect for the court, we said we will not take any step further until the court decides.
“At the State High Court, the Rivers State Government won. The former governor went to the Court of Appeal, the Rivers State Government won. And then, he appealed to the Supreme Court to set aside the recommendations of the Judicial Panel of Inquiry and the White Paper of the government.
“To the glory of God, the Supreme Court unanimously dismissed his appeal against the judicial panel of inquiry report and the government White Paper Report.”
Wike said the state government has been vindicated by the Supreme Court judgement because those indicted by the Judicial Panel of Inquiry were given the opportunity to defend themselves, but some of them chose not to appear before the panel.
“If you see that report, as a Rivers man, you will cry. Nobody who loves Rivers State will see that report and will not cry. Now that the Supreme Court has come up with their judgement, the leaders of the state will decide what next step to take. It is not for only me. Yes, I am a governor, I can’t do it alone. If the leaders of the state say we must prosecute them, I have no choice.”
He further added: “The money that was collected by Sahara Energy Ltd and Tonye Cole, it is for the leaders of the state to say:‘should we go ahead and file charges against Rotimi Amaechi and his cohorts, or should we allow it to be. It is for the state elders’. The state elders will meet and agree on what next to do. But the point is, let the world know that nobody who will see that report and not be angry.”
The Rivers State governor narrated how the sum of $50million was diverted from the state account and paid to Sahara Energy Ltd for inexplicable reason.
According to him, there was no evidence of any transaction indicating that the state was indebted to the company.
“What did Sahara Energy do for us? What is the transaction that we paid $50million for? You said Sahara Energy bought our gas turbines, if they bought our gas turbines, why are we paying them $50million? Did we borrow money from them? Where is the agreement to show we borrowed money from them? Nothing!
“People will come out and begin to sing ‘we are innocent’. I thank God we have been vindicated. We did the right thing. It is for Rivers people to decide the next line of action. If they decide today that they will file criminal charges, I have no choice than to direct the Ministry of Justice to file charges against Rotimi Amaechi, Sahara Energy, and Tonye Cole.”
The governor said due to the corruption allegation levelled against Amaechi, he was not supposed to be cleared by the Senate to become a minister, but the All Progressives Congress (APC)-led Federal Government prevailed on the lawmakers to gloss over the matter.
In his remarks, the Speaker of the Rivers State House of Assembly, Rt. Hon. Ikuinyi-Awaji Ibani, said the apex court’s judgement was a victory for the government and people of Rivers State.
He charged those saddled with the responsibility to superintend over public funds to always bear in mind that the funds belong to the people.
Similarly, the former president, Nigerian Bar Association (NBA), Onueze C. J. Okocha (SAN), commended the governor for always defending the interest of the state.
He said leaders of the state would make a decision and give honest advise to the governor on the way forward.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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