CBN gave the directive in a circular distributed to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs).
Former Nigeria vice president Atiku Abubakar on Saturday called for the reversal of the ban on cryptocurrencies trading in the country.
“This is definitely the wrong time to introduce policies that will restrict the inflow of capital into Nigeria, and I urge that the policy to prohibit the dealing and transaction of cryptocurrencies be revisited,” Atiku tweeted on Saturday.
“It is possible to regulate the sub-sector and prevent any abuse that may be damaging to national security. That may be a better option, than an outright shutdown.”
CBN gave the directive in a circular distributed to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs).
“Further to earlier regulatory directives on the subject, the bank hereby wishes to remind regulated institutions that dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges is prohibited, ” CBN’s director for banking supervision Bello Hassan and director of the payment system management department Musa Jimoh said.
The prohibition has drawn wide criticsm from Nigerians, mostly youths who accused the CBN of stifling their financial independence amidst growing unemployment and poverty rate in the country. Their assertions was re-echoed by Atiku, who was Nigerians vice president from 1999 to 2007.
“There is already immense economic pressure on our youths,” Atiku said. “It must be the job of the government, therefore, to reduce that pressure, rather than adding to it.”
“We must create jobs in Nigeria. We must expand the economy. We must remove every impediment towards investments. We owe the Nigerian people that much.”
While Atiku stated that the prohibition on cryptocurrencies will have an adverse effect on the economy, the CBN in January 2017 said digital currencies such as bitcoin, litecoin, and others are largely used in terrorism financing and money laundering, considering the anonymity of virtual transactions.
Despite the ban, Luno, a cryptocurrency trading platform on Friday urged investors not to panic as their funds will be safe.
The platform in a statement asked crypto traders to exercise patience, and that “there’s no need to take any action regarding your account at this time.”
The proscribed leader of the Indigenous People Of Biafra (IPOB) has opened up on what he thinks about a president emerging from the Southern part of Nigeria come 2023.
The quest of who becomes the next president of the most populous African nation is still much talked about.
Names like Bola Tinubu, Atiku Abubakar, Nasir El-Rufai, Peter Obi, Rabiu Kwankwaso, Aminu Tambuwal are strongly linked to the 2023 presidential election, with some of the names aforementioned having contested at the last Presidential Election at primary level.
Hours after the number one citizen of Nigeria, President Muhammadu Buhari hosted Governor Umahi of Ebonyi State who recently defected to the ruling All Progressive Party.
Nnamdi Kanu took to his official Twitter handle @MaziNnamdiKanu to air his view about the Southern Presidency ambition. Nnamdi Kanu feels that there won’t be a shift of power come 2023 because the Northerners are much more politically oriented than Southerners.
Kanu believes that a Northerner would still be at the helm of affairs as far as the presidency is concern till Southerners get things right politically.
The former Vice President who also the presidential candidate of PDP in the 2019 general election where he ran alongside former Governor Peter Obi.
Former Nigeria’s Vice President, Alhaji Atiku Abubakar, on Monday urged all political zones in the country not to dump the opposition Peoples Democratic Party, PDP, in a message obviously targeted at members of the party in Southeast.
Reports indicate that members of the party in Southeast are set to dump the PDP for the ruling All Progressives Congress, APC over the refusal of the party to commit to zoning of its 2023 presidential ticket to the region.
The Chairman of PDP has repeatedly said the party will not zone its 2023 presidential ticket to the Southern part of the country.
There were indications that the Governor of Ebonyi State, Dave Umahi may defect from PDP to APC in the next few days where he planned to actualize his presidential ambition.
There were also speculations that other PDP chieftains may also defect to the APC in the coming days.
But Atiku, a northerner from Adamawa State who is believed to be one of those working to get the presidential ticket of PDP in 2023 in an early morning tweet on Monday asked the Southeast and other regions not to abandon the party.
He said, “The Peoples Democratic Party is the best friend Nigeria could have. All geopolitical zones deserve a political party that believes in Nigeria and not a party that believes otherwise.
“PDP has much to offer all parts of Nigeria, and I urge all Nigerians in all zones to keep faith with a party that has kept faith with Nigeria and will be equitable to all.”
Like in 2019, the PDP, according to reports, is offering the Southeast the vice presidential ticket.
Several videos making the rounds, however, show security operatives firing live arms at those calling for the scrapping of the Special Anti-Robbery Squad (SARS).
Former Vice President, Atiku Abubakar, has condemned the use of force on #EndSARS protesters across Nigeria.
In a series of tweets on Saturday, Atiku also called on relevant authorities to ensure the youths are heard.
The former vice president asked that all incidents of excessive use of force by security agencies against protesters are investigated.
His comments come on the heels of several reports of violence wrought against the protesters and other citizens, the latest being the killing of a young man in Ogbomoso.
The victim named Jimoh Isiaq was shot during a protest in Ogbomoso, though he was not a part of the protest.
While many say the bullet which killed Isiaq was from the police, the force claim they only used canisters of tear gas to disperse the crowd.
In reaction to the use of force against those protesting, Atiku was of the opinion that the fundamental rights of Nigerians to freedom of assembly and freedom of expression must be protected at all costs.
“Nigerians should be provided with a non-toxic environment for #EndSARSProtests.
“It is their constitutional right and an ingredient of democracy.
“They deserve to be heard and not killed or maimed,” Atiku tweeted.
Atiku who had in a previous tweet noted that SARS has morphed into an oppressor of the Nigerian masses said he stands with all those who are peacefully protesting to end police brutality in a bid to enthrone a new policing order that underscores the interest of the citizens.
The elder statesman commended the tenacity of protesters who he described as brave youths who have stayed out on the streets all day and night to make their voices heard.
Former Vice President Atiku Abubakar has condemned the fined of N5 million imposed on a Lagos-based radio state – 99.3 FM Nigeria Info by the National Broadcasting Commission (NBC).
In a statement he personally signed on Thursday, he asked the NBC to drop the penalty against the station, describing the reason given for its action as an attempt to gag the media in the country.
The former vice president disagreed with the nation’s broadcasting regulatory agency with its argument that the interview that the station had with a former Deputy Governor of the Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, constituted any infringement and exposed the media outfit to trading in hate speech.
He argued that whether or not, what Mailafia during the programme aired on the radio station was a false claim, it was not the responsibility of the NBC to impose a sanction for a comment made by an individual.
Atiku stressed that the former CBN deputy governor had been quizzed and released by law enforcement agents, adding that they were at liberty to prosecute him in court if they were not satisfied with his explanations.
He insisted that it was wrong to make a scapegoat of the media platform which provides opportunities for citizens to ventilate their views.
The former vice president also called on the NBC to review the hate speech prohibition code, saying the interpretation of same was offensive to the notion of free speech
Read the full statement by the former vice president below:
We are compelled to react to the Nigeria Broadcasting Commission code concerning infringement on hate speech and the operational style that media houses should employ to conform with the new regulation.
While there is no disputation over the fact that hate speech portends an existential threat to the enterprise of journalistic reporting and, in fact, inhibits the workings for a free society, it is absolutely repugnant that powers that be would instrumentalise the prevention of hate speech as a means of constricting free speech.
It is globally acknowledged that one of the core functions of the mass media is to inform the society on all ranges of issues, not even to the exclusion of national security issues.
The mass media has a role to play in ensuring that all possible shades of opinions are given access to the media platform.
In many advanced democracies the world over, criminals on even wanted lists of law enforcement agencies have reached out to the media to express their opinions about the crimes that they had perpetrated and the media space was not denied to them.
As a matter of fact, it seems somewhat contradictory that a country like ours, which is in the throes of national security skirmishes, would choose to shrink media access to critical information.
It is not known if any society had won the war against terrorism by placing a restriction to access to information, in the way the NBC had done.
In a particular reference to the penalty handed down to the operators of 99.3 FM Nigeria Info, we disagree wholeheartedly with the argument of the NBC that the interview that the station had with Dr Obadiah Mailafia constitutes any infringement or if at all it exposes the station to trading in hate speech.
Whether or not what Dr Mailafia said on the radio station was a false claim, it is outside of the objectives of a responsible regulatory framework to sanction a radio station for a comment an individual made, more so that the personality in question, Dr Obadiah, had been quizzed and released by law enforcement agents.
If for any reason the authorities are not satisfied with his explanations, they are at liberty to prosecute him in court, but not to make a scapegoat of the media platform that provides opportunities for citizens to ventilate their views.
The claim by the management of NBC that “this (the penalty) is expected to serve as a deterrent to all other broadcast stations in Nigeria who are quick to provide platform for subversive rhetorics and expositions of spurious and unverifiable claims, to desist from such”, is a naked attempt to gag the media in Nigeria.
We, therefore, call on the Nigeria Broadcasting Commission (NBC) to cause a review of the hate speech prohibition code because the very interpretation of same is offensive to the notion of free speech which is an essential ingredient of participatory democracy that Nigeria operates.
We also demand of the NBC to drop the penalty against the operators of 99.3 Nigeria Info FM on account of the fact that the penalty is at best ill-thought out.
Lastly, we want to refresh the memories of the generality of Nigerians that the Nigerian media has been in the frontline of the vanguard in the fight against military rule and restoration of a democratic order. In other words, it is very disappointing that under the watch of the All Progressives Congress (APC) the media is, yet again, being targeted for extermination.
Former Vice President Atiku Abubakar has assured Nigerian youths of his commitment to supporting them at all times.
Atiku gave the assurance on Wednesday in a message to mark the 21st anniversary of the International Youth Day (IYD).
“I shall stay the course and continue to offer my shoulders for you all to climb because as youths, you are Leaders of Today,” he said.
The former presidential candidate of the Peoples Democratic Party (PDP) hailed Nigerian youths for their doggedness and drive towards a better nation, saying this year’s theme, “Youth Engagement for Global Action,” captures how important young people are in the scheme of things.
“I salute the Nigerian youth in particular for their commitment and perseverance towards the attainment of a greater Nigeria,” Atiku added.
“This global picture, which has been on my mind, informed my decision of 40% youth inclusion in my 2019 presidential campaign; a promise I am committed to keeping for the futuristic benefit of our great Nation.”
He explained that with the COVID-19 pandemic ravaging the world, youths have a huge responsibility in stemming the disease as the future of humanity rests on their shoulders.
“Indeed, the survival of humanity rests largely on the shoulders of the youths, as vigour is required to wear out this plague,” the former vice president added.
“The vigour and spirit that you embody as youth will play a crucial role in the socio-economic survival of the world, and its rejuvenation, post-COVID19.”
As future leaders, Atiku called on young people to preach and embrace peace, show patriotism, shun nepotism and promote competence.
“Only then can we truly have the Nigeria of our dream,” he said.
Former Vice President, Atiku Abubakar says the current happenings in Edo portend grave danger for the forthcoming governorship elections in the state.
Atiku also said, in a series of tweets on his official handle, that recent developments in the South South state is a threat to constitutional order in the country.
The presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general election said without the rule of law, there will be lawlessness and called on the concerned parties to follow the laws of the land.
“Nigeria has been on edge due to the brinkmanship of those charged with democratic leadership,” he said.
“We must, as a nation, not escalate the already tense atmosphere in our polity. The current goings-on portends grave danger, not only to law and order in that state but to the coming Edo elections.”
While restating that Edo residents should be allowed to pick their choice candidate in the September 19th poll, he said “pending then, everything legally possible must be done to preserve the status quo.”
Impeachment? On Thursday, seventeen lawmakers of the Edo State House of Assembly, including 14 members whose seats have been previously declared vacant, claim that they have impeached the Speaker of the House, Francis Okiye, and his deputy, Roland Asoro.
The decision was taken at a private location in Benin City, the state capital, hours after security officials took over the State Assembly Complex.
Drama in Assembly Complex Drama played out on earlier at the Edo State House of Assembly when dozens of heavily armed security operatives stormed the complex, leading to the eventual renovation of the complex.
As early as 8 am, police officers comprising operatives attached to the Police Mobile Force and Operation Thunderstorm occupied the complex in Benin City, the state capital.
They were later joined by personnel of the Nigeria Security and Civil Defence Corps (NSCDC), preventing entry into the Assembly premises.
Former Vice President of Nigeria, Alhaji Atiku Abubakar has reacted after the Minister of Education announced that Nigerian students won’t be taking the 2020 WAEC examination due to the coronavirus pandemic.
According to Atiku, the cancellation will do more harm than good to the country.
Former Vice President Atiku Abubakar has donated his 150 support groups to Gov. Godwin Obaseki’s governorship campaign organisation in Edo ahead of the Sept. 19 governorship poll.
Atiku announced this in a statement made available on Saturday in Benin.
The statement was signed by Mr Oladimeji Fabiyi, Deputy Director of the defunct Atiku Support Group/Mobilization Presidential Campaign Organisation.
It quoted Abubakar as directing that the 150 independent support groups in Edo be immediately activated in support of Obaseki who is the PDP’s flag bearer in the election.
“The former Vice President, as a major stakeholder of the PDP, considers it expedient to put in place winning structures and machineries that will guarantee total victory for the party in Edo.
“We need to complete the circle in the south-south region that naturally and originally belonged to the PDP.
“Having received the directive with joy and enthusiasm, I have no doubt that all our support groups in Edo will be very glad to receive this news and run with the directive of Atiku Abubakar for the benefit of Obaseki and the PDP”, the statement said.
Atiku was the presidential candidate of the PDP in the 2019 general elections.
Former Vice President of Nigeria, Atiku Abubakar, on Friday, sent a congratulatory message to Gov. Godwin Obaseki of Edo State for joining the Peoples Democratic Party (PDP).
He said Edo State will be better for Obaseki’s choice.
Abubakar made his thoughts known in a statement issued by his Media Aide, Mr. Paul Ibe, in Abuja.
He said Obaseki came to “a true people’s party.”
The PDP presidential candidate in the 2019 elections noted that Obaseki was joining the PDP when the party was poised to deliver good governance to the people of Nigeria.
“I have no doubt that your coming into the PDP would further strengthen our party to mobilise the people behind the common cause of deepening democratic ethos in our country and restoring prosperity to our people.
“The PDP that you have come to join today is reformed and repositioned party — one that lives by its name of being a truly democratic party.
“I have an unflinching conviction that your joining the party would be an asset to the PDP.
“Together, we can work to extinct every form of undemocratic tendencies in our body politic and realign the good people of Edo State to the moving train of democracy and restoration of good governance to the country”, Abubakar said.
Former Vice President Atiku Abubakar has described as shocking the revelation that Nigeria spent 99 per cent of its revenue to service debt in the first quarter of 2020 under the watch of President Muhammadu Buhari.
In a statement entitled “Nigeria In Financial Crisis: Robbing Our Children to Pay for Our Greed”, the former vice-president said Nigerians should not be deceived because debt servicing does not equate to debt repayment.
“The reality is that Nigeria is paying only the minimum payment to cover our interest charges. The principal remains untouched and is possibly growing”.
“Nothing has shocked me in my entire life in public service as the revelation from Nigeria’s First Quarter 2020 financial reports in the Medium Term Expenditure Framework and Fiscal Strategy from the Federal Ministry of Finance, Budget, and National Planning, which shows, alarmingly, that whereas Nigeria spent a total sum of N943.12 billion in debt servicing, the Federal Government’s retained revenue for the same period were only N950.56 billion.
“We are at a precipice. If our revenue figures do not go up, and go up quickly, Nigeria risks a situation where our revenue cannot even sustain our debt servicing obligations. Meaning that we may become insolvent, and our creditors may foreclose on us, as has occurred in Sri Lanka and the Maldives.
“As part of an administration that paid off Nigeria’s entire foreign debt, I am concerned by the alarming and avoidable unprecedented increase in our debt to GDP ratio and debt to revenue ratio. The alarm I sounded last year is now sounding louder.
According to him, one of the measures that could help push Nigeria from this financial precipice, is for the country to sell the planes in the presidential fleet and also cut off wasteful spending.
“As a matter of utmost urgency and importance, I call on the Federal Government to take immediate steps to drastically reduce its expenditure, especially on wasteful projects, such as maintenance of the Presidential Air Fleet, and unnecessary renovations of buildings that could serve as is, limousine fleet for top government officials, overseas travels and treatments, and the N4.6 billion Presidential villa maintenance budget, etc.
“We cannot be on the verge of economic ruin, while still maintaining a Presidential Air Fleet that has more planes than the Presidential fleets of those from whom we take these loans. Our debt to revenue ratio paints a much more realistic portrait of our financial situation, especially as our revenues are majorly tied to a mono product, oil and gas, which are very vulnerable to global shocks,” he added.
Former vice president and perennial presidential contestant Atiku Abubakar will be contesting the presidency again in 2023.
His son, Adamu Atiku-Abubakar, revealed this while presenting the yearly scorecard of his ministry as the commissioner for works and energy in Adamawa June 7.
“Personally, I don’t see anything wrong with my father contesting for the presidency. In 2023,” said Adamu.
“My father will be aspiring to the number one office in the land because he has been an astute, strategic, master politician for almost four decades.”
Many have predicted Atiku will be shooting for Aso Rock again in 2023, the fifth attempt in about two decades. He will be 76 then.
But within the PDP, the last party that offered him its ticket, there are elements, especially the southeastern bloc, already spoiling for war at the early hints Atiku will bid for ticket again.
The PDP, however, swiftly quelled the rising sentiments and speculations on where the party will be zoning its presidential ticket in 2023.
“Behind the speculation are political terrorists whose plan is to mislead the public and cause disaffection within the ranks of our party with the hope of using such fabrications to further their own selfish political ambitions, said Kola Ologbondiyan, PDP’s national publicity secretary in December.
Whether the party admits this or not, Atiku is gunning for Nigeria’s to job again in the next election.
As party leader and man of means, the former veep has enough clout and influence to work the party into giving him the ticket.
It won’t be easy for the ruling party, though.
In fact, with his announcement of his father’s unequivocal bid for 2023, Adamu might just have muddied up the already murky water of the 2023 presidential politicking in the PDP.
Former Vice President and presidential candidate of the Peoples Democratic Party, PDP, in the 2019 general elections, Alhaji Atiku Abubakar, has accused the National Chairman of the All Progressives Congress, APC, Comrade Adams Oshiomhole, of resisting the removal of fuel subsidy during the administration of ex-President Olusegun Obasanjo.
Atiku, who recalled that he headed the negotiations with the Nigerian Labour Congress, NLC, with Oshiomhole as the Chairman, said the current APC Chairman stood strongly against it.
The Waziri of Adamawa was backing an earlier tweet by his Spokesman, Paul Ibe, which reads, “For the avoidance of doubt, the Obasanjo administration embarked on a regime of subsidy removal.
“But the former NLC Chairman frustrated the efforts. Even at that, the Obasanjo government achieved some measures of subsidy removal before their exit in 2007.”
And adding to the claim, Atiku added, “The Obasanjo government in which I served commenced a phased subsidy withdrawal.
“I was tasked with negotiating with then NLC Chairman and current APC Chairman who stood strongly against it.”
The Petroleum Products Pricing Regulatory Agency (PPPRA) on Thursday announced the removal of the price cap on the retail price of Premium Motor Spirit (PMS).
And in reaction to this, Atiku had tweeted saying, “FG finally withdraws from the fuel subsidy and price-fixing bazaar that had been rife with corruption and stalling investments,” adding that this was something well-meaning Nigerians have been calling for and for which he (Atiku) was demonized.
Recall that during the administration of Obasanjo, the move to withdraw fuel subsidy and increase fuel price was vehemently opposed by the Adams Oshiomhole-led NLC with series of nationwide protests at the time.
Femi Fani-Kayode has spoken against the comparison of the administration of President Buhari to that of ex-president Olusegun Obasanjo.
Femi Fani-Kayode who served as minister of aviation in the Obasanjo administration stated that Buhari has incurred debts for Nigeria which were cleared by Obasanjo.
He also stated that all that was achieved by Nigeria under Obasanjo have been turned into the opposite by Buhari
”Comparing PMB to OBJ is like comparing Count Dracula to Mother Theresa. OBJ united Nigeria, PMB divided her. OBJ brought peace, PMB brought war. OBJ brought prosperity, PMB brought poverty. OBJ brought life, PMB brought death. OBJ brought hope, PMB brought despair
OBJ paid off our foreign debt, Buhari indebted us to the tune of $30 billion and turned us into Africa’s biggest debtor & beggar. OBJ solved our problems, PMB created them. OBJ brought restoration, PMB brought degeneration. OBJ brought us pride, Buhari brought us shame
OBJ brought us good success, PMB brought us stark failure. OBJ loved all Nigerians and treated them equally, Buhari loves only northerners and treats all others like field hands and slaves. OBJ saw Nigeria as a nation, PMB sees her as a conquered territory
OBJ led the best, most successful, most intelligent, most enlightened & most productive cabinet & Govt. in the history of Nigeria whilst PMB leads the worst, most destructive, most savage, most ignorant & most corrupt cabinet & Govt. in the history of Africa
OBJ fought terror & despised terrorists, PMB rewards terror & pampers terrorists. OBJ was a leader, PMB is a ruler. OBJ was a lion, PMB is a mouse. Comparing the two is like comparing night & day or chalk & cheese or heaven & hell: it makes absolutely NO sense!” he wrote
The Peoples Democratic Party, on Sunday, declared that the All Progressives Congress, APC, lacks the parameter to compare the administration of former President Olusegun Obasanjo and that of President Muhammadu Buhari.
PDP made the remark in response to APC’s claim that ex-Vice President Atiku Abubakar admitted that Obasanjo administration was short-sighted and failed to diversify Nigeria’s economy.
APC’s spokesperson, Mallam Lanre Issa-Onilu, had stated this in a statement where he commended Atiku for suggesting how Buhari should improve Nigeria’s economy.
However, PDP berated the ruling party for its comment, stressing that APC has “reversed all our national gains in a space of five years.”
The former ruling party stated this in a statement titled: “You Lack Parameters to Compare Obasanjo/Atiku Tenure with Buhari’s”
The statement signed by its spokesperson, Kola Ogbondiyan reads: “Our attention has been drawn to a knee-jerk reaction by the dysfunctional APC to the well-received suggestions by former Vice President and PDP’s candidate in the 2019 Presidential election, Atiku, on how to revamp our ailing economy.
“While the PDP had chosen not to allow the fizzling APC to distract us from our focus, particularly in finding solutions for the COVID-19 pandemic, we cannot keep quiet and allow those who had reversed all our national gains in a space of five years, to continue to engage in distortions, outright lies and appropriation of projects executed by the PDP to continually spit on the memories of Nigerians.
“It is sad that a patriotic and non-partisan rescue effort by Atiku was met with insults, animus and aspersions by an administration under which Nigeria is collapsing economically, just because it lacks the required competence and brilliance for modern governance.
“This is a government under which our nation has become the poverty capital of the world; our foreign debts have quintupled from $7 billion in 2015 to $30 billion today; our once highly rated banking sector is now shedding its workforce.”
A Federal High Court in Lagos State has ruled against the 2019 presidential candidate of the Peoples Democratic Party, Alhaji Atiku Abubakar, and Bukola Saraki, his campaign director in the 2019 general election over unauthorised use of the photograph of Mrs. Amuda Adeleke, Lagos-based trader, on their campaign billboard.
NobleReporters reported late last year that Mrs Adeleke, a Lagos-based trader, had dragged Saraki who was the Director-General of the Atiku Abubakar Campaign Organisation during the 2019 General Election, before the court for using her picture on campaign billboards without her consent.
Also joined in the suit marked FHC/L/CS/./19, were the Peoples Democratic Party (PDP), the party’s presidential flag bearer, Alhaji Atiku Abubakar and Mr Peter Obi, his running mate.
Justice Ayokunle Faji, who has been in charge of matter, made a monetary award of N5m to Mrs. Adeleke, yesterday, explaining that the money would be jointly and severally paid by Atiku, Saraki, the PDP, and Peter Obi, Atiku’s running mate during the election.
Atiku and Obi lost the election to the All Progressives Congress, APC, candidates, Muhammadu Buhari and Prof. Yemi Osinbajo.
The trader had told the court that the unauthorised use of her photograph for the party’s campaign caused her embarrassment.
“All my friends who saw the campaign billboard said it portrayed me as a woman stricken with poverty who had lost all hope and was prepared to commit suicide,” she said.
She asked the court to award N45m against Atiku, Saraki, the PDP and Obi for infringing on her fundamental right to privacy as enshrined in the 1999 Constitution.
However, after ruling in her favour, the judge, instead, awarded N5m against the defendants
Presidential Aide, Lauretta Onochie has reacted to a recent court judgement ordering the former presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar and the director-general of his campaign, Bukola Saraki to pay a trader N5 million in damages.
The trader, one Amuda Adeleke filed a lawsuit against the Atiku campaign organization after her photograph was used without her permission for a billboard advert. Onochie expressed joy at the development adding that it was ‘colossal damage’ to be on a PDP Billboard.
“A Federal High Court in Lagos has ordered PDP’s 2019 candidate @atiku, & his Campaign Director @bukolasaraki, to pay ₦5m damages to a trader, Amuda Adeleke, for unauthorised use of her photograph on PDP campaign billboard.”
“More please. Its colossal damage to be on PDP billboard” she tweeted.
On Monday, a federal high court sitting in Lagos presided over by Justice Ayokunle Faji, made the monetary award to the trader, Adeleke, ordering that the N5m would be jointly and severally paid by Atiku, Saraki, the PDP and Peter Obi, who was Atiku’s running mate.
Atiku Abubakarʼs son, Mohammed has recovered from Coronavirus, a month after he tested positive for it. Mohammed, who spent 40 days in the hospital, was finally cleared and discharged on Monday.
In a statement he personally signed after he left the hospital, Mohammed thanked Nigerians for the support and prayers, urging them to keep praying for those still being treated for the pandemic that had killed 40 Nigerians.
He said that his discharge could not have come at a better time than in the month of Ramadan, a season marked by sacrifice and supplication to the Almighty Allah.
“I thank the Almighty Allah for my recovery from the dreaded infection and also wish to express my sincere and deep appreciation to Nigerians for their prayers and goodwill while I was being treated.
“In the course of life, we have no idea of what will happen to us because only the Almighty God knows our future.
“When COVID-19 first broke out in far away China, I had no idea that I might be one of those to be infected. This is one of the everlasting lessons I can’t forget for the rest of my life.
“I have been humbled by this experience. Words cannot sufficiently convey the depth of my joy over my recovery and discharge.
“Since I tested positive after my return from abroad and my isolation for treatment, I was inundated with incredible expressions of goodwill by Nigerians.
“This pandemic has united the rich and the poor and, indeed, the rest of the world against this novel lethal virus that has caused economic and social disruptions globally.
“No matter our problems, however, we shouldn’t lose hope in our own country. Despite the limitations of our health system, the Federal Ministry of Health and Nigeria Centre for Disease Control have done tremendously well.
“Our doctors, nurses and other front line health workers also deserve accolades for their sacrifices and professionalism during this challenging period of our country.
“Every epidemic or pandemic comes with its lessons. The coronavirus has caught the world off guard and sent us reeling for solutions. It also reveals the weaknesses of our health systems in the developing world. It is an eye opening experience for Nigeria and other developing nations.
“Thanks to coronavirus outbreak, we are now coming to terms with the necessity of adequate funding of our healthcare system. This disease has brought the rich, the poor and the powerful to a common level.
“This is the time our policy makers should reset our national priorities and give our health system adequate attention. No investment in our health sector is too much.”
Mohammed recalled that in October 2016, Dr Osagie Ehanire, then Minister of State for Health and currently the Minister of Health, was quoted as saying that Nigeria was spending a whopping 1 billion dollars annually on medical tourism abroad.
“That revelation is a reminder of the urgent need to mobilise resources towards upgrading our health system at home in order to render medical tourism almost unnecessary. It is time to restore confidence in our own health system. This can only be achieved by adequate investment and funding.”
Mohammed appealed to policy makers to adequately fund researches in vaccines and other drugs because of the uncertainties and challenges like the coronavirus.