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Ekiti Will Become S’ West Economic Hub With Bamidele As Governor – Ilori.

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An Estate surveyor and Valuer, Mr Oluwagbemiga Ilori, has lauded the former member of the House of the Representatives, Hon Opeyemi Bamidele for declaring for Ekiti governorship poll, saying the state will become the economic hub of the Southwest with him in the saddle.

The Lagos based businessman said, Bamidele has the requisite exposure, political experience and the temperament to be able to restore the state’s lost glories in the areas of economy, agriculture, health and other critical sectors, having garnered experience as a commissioner in Lagos and National Assembly.

Speaking with journalists on Friday in Lagos on the 2018 Ekiti governorship election, Ilori disclosed that Ekiti cannot afford to gamble with their collective destiny in the poll, urging them to vote for a man with the right frame of mind and mental capability to lead the state.

He described Bamidele as a thorough-bred administrator, who has proved his mettle during his four years in the House of Representatives, saying the All Progressives Congress (APC) chieftain became a darling name in Ekiti politics with the quality representative he offered on the floor of the National Assembly.

Ilori said the fact that Bamidele plunged into the race at a time the party is in the opposition and needed someone with the political network to defeat the Peoples Democratic Party (PDP), further confirmed the enormous respect and commitment he has for the people.

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“Hon Bamidele is a man with unblemished records in the politics of Ekiti. During his time as a commissioner in Lagos State, he saw Ekiti as an immediate constituency. He treated every Ekiti indigene with respect. He offered them jobs and offered assistance that can brighten their careers.

“Also, as a member of the National Assembly between 2011 and 2015, he sponsored so many  bills that can make life better for Nigerians. He constructed class rooms for schools in Ado and Irepodun/Ifelodun federal constituency. He constructed ultra modern health centres in the two councils that are of benefits to the citizens.

“When it comes to the act of giving, Bamidele is unrivaled. He is kind to a fault. He sees lifting humanity from the pangs of poverty as his hobby.

“In terms of scholarship, Bamidele is a well read person. He Bagged B.A., LL.B and LL.M degrees from the University of Ife( now Obafemi Awolowo University,). With these daunting academic laurels, it was evident that the former federal lawmaker is well equipped for the plum job.

“We need a man that is educated, politically sagacious and morally upright at this critical time Ekiti has been debased in all facets by the current government. We need a man that can restore Ekiti values and with Bamidele in the saddle, our people should be rest assured that they are in safe hands”, he said.

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Ilori appealed to APC to stop unnecessary discrimination within the party, describing the  branding of some top leaders of the party as defectors as a distraction capable of robbing the party of victory.

He, then appealed to Chief John Oyegun-led National Working Committee of the APC to conduct free, fair and credible primary, so that the party can approach the poll with an invincible and united posture.

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Reps passes resolution to investigate ₦15trn Lagos-Calabar coastal road contract

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The House of Representatives has passed a resolution to delve into the intricacies of the procurement process surrounding the award of the ₦15 trillion Lagos-Calabar coastal road contract.

The motion, spearheaded by Honourable Austin Achado on Thursday, was underscored as a matter of urgent national importance.

Citing breaches of the 2007 Procurement Act and the absence of requisite approvals from the National Assembly, the House highlighted glaring irregularities in the contract award process.

Consequently, the House has demanded that the Minister of Works, the Minister of Finance, the Attorney General, and the Minister of Justice furnish the National Assembly with copies of pertinent documents related to the contract.

This development unfolds against the backdrop of recent demolitions of buildings and structures along the designated route of the project.

Minister of Works, Dave Umahi, shed light on the financial scope of the undertaking, revealing that the construction of the Lagos-Calabar coastal road would amount to approximately ₦4 billion per kilometer.

Spanning a distance of 700 kilometers, the Lagos-Calabar coastal road is poised to establish a crucial link between Lagos and Cross River, traversing through Ogun, Ondo, Delta, Bayelsa, Rivers, and Akwa Ibom states before reaching its terminus in Cross River.

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Despite its ambitious scope, the project has not escaped scrutiny. Notable figures including Peter Obi, the 2023 presidential candidate of the Labour Party, have criticised the endeavour, branding it a misallocation of resources by the Federal Government.

Similarly, former Vice President Atiku Abubakar labeled the project as fraudulent, although his assertions were promptly rebuffed by the Presidency.

 

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Biden Vows Arms Suspension as Israel Shells Rafah

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Demonstrators protest during a rally in support of Rafah, next to a pro-Palestinian encampment at California State University, Los Angeles (Cal State LA) in Los Angeles, California, on May 7, 2024. (Photo by Etienne LAURENT / AFP)

Israel shelled Rafah on Thursday as US President Joe Biden offered his starkest warning yet over the conduct of its war against Hamas, vowing to cut off arms transfers if an offensive into the southern Gaza city goes ahead.

Israel has defied international objections by sending in tanks and conducting “targeted raids” in the border city, which it says is home to Hamas’s last remaining battalions — but is also crowded with displaced Palestinian civilians.

AFP journalists reported heavy shelling in Rafah early Thursday, and the Israeli military later said it was also striking “Hamas positions” further north in the centre of the Gaza Strip.

In an interview with CNN on Wednesday, Biden warned he would stop US weapons supplies to Israel if it pushed ahead with its long-threatened Rafah ground offensive.

“If they go into Rafah, I’m not supplying the weapons that have been used… to deal with the cities,” Biden said. “We’re not gonna supply the weapons and the artillery shells that have been used.”

On Tuesday, Israel forces seized Rafah’s border crossing into Egypt, which has served the main entry point for aid into besieged Gaza.

The White House condemned the interruption to humanitarian deliveries at the time, and the secretary of defence later confirmed Washington had paused, for the time being, a shipment of heavy bombs to Israel after it failed to address concerns over its Rafah ground incursion.

“Civilians have been killed in Gaza as a consequence of those bombs,” Biden said in his interview. “It’s just wrong.”

He insisted, however, that the United States was “not walking away from Israel’s security”.

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The United States, along with Egypt and Cairo, has been heavily involved in talks currently under way in Cairo aimed at brokering a ceasefire in the seven-month war.

– ‘Extreme fear’ –

The Israeli military said Wednesday it was reopening another major aid crossing into Gaza, Kerem Shalom, as well as the Erez crossing.

But the UN agency for Palestinian refugees, UNRWA, said the Kerem Shalom crossing — which Israel shut after a rocket attack killed four soldiers on Sunday — remained closed.

Late Wednesday, the army said a soldier was lightly wounded when Kerem Shalom was again targeted by rockets.

The heavy shelling in Rafah overnight into Thursday followed a day of what the Israeli military said were “targeted raids on the Gazan side of Rafah crossing”, in the city’s east.

An army statement later on Wednesday said that Hamas naval commander Mohammed Ahmed Ali was killed in an air strike “in the past day”. Hamas did not immediately comment.

Civilian life in Rafah, meanwhile, “has completely ceased”, said displaced Gazan Marwan al-Masri, 35, noting “the streets are empty” in the western part of the city.

“We are living in Rafah in extreme fear and endless anxiety,” said Muhanad Ahmad Qishta, 29.

“Places the Israeli army claims to be safe are also being bombed,” he told AFP.

– ‘Catastrophic’ health situation –

An emergency doctor working in Rafah and nearby Khan Yunis said that with humanitarian access compromised, the health situation was “catastrophic”.

“The smell of sewage is rife everywhere,” said the doctor, James Smith. “It’s been getting worse over the course of the last couple of days.”

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World Health Organization chief Tedros Adhanom Ghebreyesus said Wednesday that hospitals in southern Gaza had only “three days of fuel left” because of the border closures.

“Without fuel all humanitarian operations will stop.”

The war in Gaza was sparked by Hamas’s unprecedented October 7 attack on Israel, which resulted in the deaths of more than 1,170 people, mostly civilians, according to an AFP tally of Israeli official figures.

Israel in response vowed to crush Hamas and launched a military offensive that has killed at least 34,844 people in Gaza, mostly women and children, according to the Hamas-run territory’s health ministry.

Militants also took about 250 hostages. Israel estimates 128 of them remain in Gaza, including 36 who officials say are dead.

– Truce talks –

Talks involving Qatari, US and Hamas delegations aimed at cementing a long-stalled ceasefire deal were ongoing Wednesday in Cairo, said Al-Qahera News, which is linked to Egyptian intelligence.

It noted that there were “points of contention” during the discussions, but also reported some “convergence” without elaborating.

A senior Hamas official said the latest round of negotiations would be “decisive”.

Hamas “insists on the rightful demands of its people”, the official said on condition of anonymity because he was not authorised to speak publicly about the negotiations.

In Jerusalem, CIA director Bill Burns met Israeli Prime Minister Benjamin Netanyahu to discuss the “possibility of Israel pausing the operation in Rafah in exchange for hostage releases”, an Israeli official said, also on condition of anonymity.

The Hamas official had previously warned the Cairo talks would be Israel’s “last chance” to free the hostages still in militants’ hands.

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Mediator Qatar also appealed “for urgent international action to prevent Rafah from being invaded and a crime of genocide being committed”.

Palestinian analyst Mkhaimar Abusada said Israel’s seizure of the Rafah crossing could be an attempt to create new facts on the ground, or a bid to “sabotage the truce talks”.

Israel’s seizure of the Palestinian side of the Rafah crossing came after Hamas said it had accepted a truce proposal — one Israel said was “far” from what its own negotiators had previously agreed to.

Netanyahu has described the Rafah operation as “a very important step” in denying Hamas “a passage that was essential for establishing its reign of terror”.

 

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CBN orders banks to suspend deposit charges

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The Central Bank of Nigeria (CBN) has directed deposit money banks and financial institutions to suspend processing fees on deposits until September 30, 2024.

In a circular dated May 6, 2024, the apex bank ordered financial institutions to suspend processing charges imposed on cash deposits above N500,000 for individuals and N3,000,000 for corporates.

This directive, signed by the CBN’s Acting Director of Banking Supervision, Adetona Adedeji, aims to alleviate financial burdens on depositors.

The recent directive follows previous instructions from the CBN, which mandated deposit money banks to impose a 0.5% cybersecurity levy on transactions, a move that has stirred public outcry.

The circular stated, “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for individuals and N3,000,000 for corporates as contained in the ‘Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions’ issued on December 20, 2019.”

It continued, “The Central Bank of Nigeria hereby extends the suspension of the processing fees of 2% and 3% previously charged on all cash deposits above these thresholds until September 30, 2024. Consequently, all financial institutions regulated by the CBN should continue to accept all cash deposits from the public without any charges until September 30, 2024.”

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