Naija News
President Buhari Suspends 12 EFCC Directors
President Buhari Suspends 12 EFCC Directors
President Muhammadu Buhari has suspended 12 of the Economic and Financial Crimes Commission (EFCC) Directors including the EFCC’s secretary, Olanipekun Olukoyede, this has caused fear at the EFCC headquarters.
Their suspension was part of the advice by the presidential panel investigating charges of graft and misconduct against Ibrahim Magu, the suspended EFCC acting chairman.
The directors were yesterday directed by the minister of Justice and Attorney-general of the Federation, Abubakar Malami (SAN), to proceed on suspension in compliance with the presidential order.
Source checks revealed that senior staff of the commission yesterday ran from pillar to post consulting on what should be their next line of action as the air of uncertainty enveloped the commission over the fate of those who worked closely with the senior management staff following the dramatic turn of events in the last few days.
It was learnt that those who worked closely with the suspended chairman and the directors were worried about being summoned to appear before the panel.
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Meanwhile, respite came the way of Magu yesterday as he was released from detention after spending 10 days in police custody. Magu was arrested last week and was taken to the old banquet hall of the presidential villa where he is facing probe over his stewardship as head of the anti-graft agency by the presidential investigation committee.
The suspended acting chairman who was arrested by the police last week Monday was detained in the Force Criminal Intelligence Department from where he has been appearing before the panel investigating allegations of corruption and insubordination levelled against him.
President Buhari Suspends 12 EFCC Directors based on the advice of the panel setup.
The Inspector-General of Police, IGP Mohammed Adamu, had said only the presidential panel could order Magu’s release.
The police boss explained that the Nigeria Police Force was not investigating Magu as he was kept in the custody of the Force on the order of the panel.
This was contained in a letter, with reference number CB:7000/IGP.SEC/Abj/Vol.489/171, addressed to Tosin Ojaomo of Ojaomo and Ojaomo Chambers, and signed by the IGP’s principal staff officer, DCP Idowu Owohunwa.
Responding to the demand for Magu’s release, IGP Adamu urged his lawyers to seek for his release from the panel as the police is not investigating him.
Meanwhile, as part of the preparation for his defence of the allegations made against him, Magu has written to the presidential investigation committee demanding the charge sheet containing the allegations against him as well as a copy of the memo by the minister of Justice, Abubakar Malami.
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Labour Force
Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers
Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.
The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja
She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.
The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.
Read Also: FCTA Set to Implement Minimum Wage for FCT Workers
Finance
CBN to End Forex Sales to Commercial Banks in 2022
Author: Eunice Johnson, Abuja
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.
Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.
He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.
He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.
Read Also: CBN Encourages Nigerians to Accept E-Naira
Customs Corner
Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command
Author: Gift Wada, Abuja
The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.
This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.
Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.
Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.
Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.
Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.
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