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Release Emperor, Tyranny Has No Place in Abia State – Abians

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Release Emperor, Tyranny Has No Place in Abia State – Abians

On the 24th day of March,2020, Barr. Emperor Gabriel Ogbonna was arrested by some police officers numbering about 15 who stormed his law office at Aba, Abia State.

After his arrest, he was taken to the Police State Command where he was confronted with a petition written against him by the Governor of Abia State where he was alleged to have published false and threat messages in the internet that the Executive Governor of Abia State swore an oath before the Ancient Harashima to abide absolutely by the conditions presented by his predecessor in office and subvert the people of Abia State.

He however denied the allegations and challenged the Police or Governor to show him where he made such publications but they failed to provide any evidence.

In a bid to unjustly incarcerate him, the Police quickly prepared a malicious charge and arraigned him before a magistrate on a matter over which the magistrate has no jurisdiction to adjudicate. Their aim was to see that he was remanded in prison custody. They however fulfilled their aim when the said magistrate remanded him at the Prison on that same 24th of March.

Barr. Emperor Gabriel Ogbonna is just an Abian who has chosen to make his stand and opinions known about the misgovernment in Abia State.

He has been kept away from his pregnant wife, kids, relatives, friends and associates for about 90 days.

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Anyone who doesn’t see anything wrong with the Government leadership in Abia State needs a psychiatric evaluation.

On the 28th day of April, 2020, Emperor was granted bail by the court. His bail conditions were met that same day and in the evening as he was leaving the correctional center in Umuahia, he was accosted by men of the DSS who came in the company of the Chief of Staff to Abia State Governor, Dr. ACB Agbazuere. He was reasrrested and taken into DSS custody.

He was detained at the DSS office in Abia State following another petition written by one Non-governmental Organization which alleged that he made some comments on Facebook which are subversive of the Government of Nigeria. We clearly understand that this rearrest may not be unconnected with plots by the Abia State Government to continue to inflict pains and agony on this young man and his family.

Afterall, the NGO which they claimed petitioned the DSS is a faceless organization which as at 28th April, 2020 remained unregistered in accordance with the provisions of the CAC acts.

Emperor Gabriel Ogbonna was subsequently moved to Abuja DSS Office after over 3 weeks of detention in Abia State.

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On the 18th day of May, 2020, his case with the Abia Government came up in Umuahia and he was nowhere to be found as the DSS couldn’t provide him. The matter has now been adjourned to 26th June, 2020 for hearing with an express order to the DSS to provide the young man on that day.

Informations from reliable sources has it that the Executive Governor of Abia State may have no personal interest in this matter which implies that he understands that he stands to gain nothing from the continued detention of Emperor Gabriel Ogbonna. However, people around the Governor obviously do not mean well for him by masterminding the rearrest and unlawful detention of this young man.

The implication of this is that the Governor who is the focal person in all of this has his name dragged in the mud. I doubt if the Dr. Okezie Ikpeazu I know will ever want to be associated with any allegations bothering on tyranny and oppression of Abia citizens who have chosen to voice out their dissatisfaction with the happenings in the state. Therefore, it has become very expedient for the Government to retrace their steps as this isn’t in their best interest both now and in the nearest future.

In all of these, the deafening silence of the NBA at various levels viz: National, State and Sub-state levels is worrisome.

Never in the history of Nigeria has a state government ever packaged charges against its own citizen and used it to make a case for the presidency against its citizen but Abia State did it. Acts like this give credence to the assertion of the perceived enemies of Ndigbo that “Igbos hate themselves”.

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Igbos will never forget, Abians will never forget.

It will be utterly right to say that the battle against Emperor is a battle against all well-meaning and good-spirited Abians.

Emperor Gabriel Ogbonna wasn’t working for any political party or any political bigwig. Whatever Emperor Gabriel Ogbonna did was borne out of passion to see Abia State evolve from Obscurity to limelight.

Therefore, I’m not surprised that many big politicians and influential persons aren’t interested in his case. However, if some of these elites who claim to mean well for Abia State are wise, they’ll definitely intervene in this matter because posterity will never forget them. Let me remind them that Abians are keenly watching and at the right time, Abians will rightly show their gratitude to all those who stood for justice and fairness.

In all of this, it’s pertinent to remind the Abia State Government that there are still Abians who against all odds, can NEVER imprison their conscience, who can go any length to advocate for what is right for Abia and Abians, even if it means staking their lives.

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If asking for the delivery of the dividends of democracy to Abians is a crime, then most of us will gladly plead guilty.

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CBN Sells Polaris Bank To SCIL

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CBN Sells Polaris Bank To SCIL
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The Central Bank of Nigeria (CBN) has announced the completion of the sale of shares in Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor.

In a statement signed by its Director, Corporate Communications Department, Osita Nwanisobi, the CBN said that SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement,  including the full repayment of the sum of N1.305 trillion,  being the value of the bonds, which as part of its intervention, in 2018, to revoke the licence of the former Skye Bank Plc. and establish Polaris Bank to assume its assets and certain liabilities,  the banking industry regulator injected into Polaris through the Asset Management Corporation of Nigeria (AMCON) and is to be repaid over a 25-year period.

The statement reads: “The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) are pleased to announce the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’).

“Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria intervened to revoke the licence of the former Skye Bank Plc. and established Polaris Bank to assume its assets and certain liabilities. As part of the CBN intervention, consideration bonds with a face value of N898 billion (future value of N1.305 trillion) was injected into the bridge bank through AMCON, to be repaid over a 25-year period.

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“These actions were taken to prevent the imminent collapse of the bank, enable its stabilisation and recovery, protect depositors’ fund, prevent job losses and preserve systemic financial stability. SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement which include the full repayment of the sum of N1.305 trillion, being the consideration bonds injected.

“The CBN thus received an immediate return for the value it has created in Polaris Bank during the stabilisation period, as well as ensuring that all funds originally provided to support the intervention are recovered. The sale was coordinated by a Divestment Committee comprising representatives of the CBN and AMCON, and advised by legal and financial consultants. The Committee conducted a sale process by ‘private treaty’, as provided in Section 34(5) of the AMCON Act to avoid negative speculations, retain value and preserve financial system stability.

“In the process, parties who had formally expressed an interest in acquiring Polaris Bank, subsequent to the CBN intervention in 2018, were invited to submit financial and technical proposals. Invitations to submit proposals were sent to 25 pre-qualified interested parties, out of which three parties eventually submitted final purchase proposals following technical evaluation. All submissions were subject to a rigorous transaction process from which SCIL emerged as the preferred bidder having presented the most comprehensive technical/financial purchase proposal as well as the highest rated growth plans for Polaris Bank.”

The CBN Governor, Mr. Godwin Emefiele, was quoted in the statement as saying that: “This sale marks the completion of a landmark intervention in a strategic institution in the Nigerian banking sector by the CBN and AMCON. We commend the outgoing board and management for their vital role since the bridge bank was established; in stabilising the Bank’s operations, its balance sheet and implementing strong governance structures to address the issues that led to the intervention.

“This process has provided the CBN with an unprecedented opportunity to recover its intervention funds in full and promote financial stability and inclusive growth. We wish SCIL well as they implement growth plans to build the bank from the strong foundations that have been established.”

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Media Intelligence agency Marks Six years of Operation in Nigeria

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Media Intelligence agency Marks Six years of Operation in Nigeria.
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Media Intelligence agency Marks Six years of Operation in Nigeria.

P+ Measurement Services, Nigeria’s foremost Independent Public Relations measurement and evaluation agency, celebrates its sixth year of effective operation with qualitative offerings for its numerous clients, as it rebrands with a new business logo, website, and office to deepen penetration.

The leading company has in the past six years engendered the needed growth for its clients, and the rebranding is part of efforts aimed at sustaining its leading position in the sector, having worked with over 47 brands and 17 Public Relations agencies in Africa’s largest economy.

The logo with new colors depicts the innovation and creativity of the brand, as also shown on its new website with the agency service rate, to enable brands and agencies to make faster decisions in budgeting.

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As the only AMEC Member in Nigeria, P+ has strong partnerships with the Nigerian Institute of Public Relations (NIPR) and Reelforge Media Monitoring, the biggest media monitoring agency in the East African region, covering more than five countries.

Speaking on the company’s new development, the Chief Insights Officer, Philip Odiakose, said P+ is strongly positioned to effectively deliver on its offerings, with state-of-the-art structure, process and highly skilled media analysts in an exceptional and value-driven business model in line with global best practices.

“Our Measurement and Evaluation report is in-depth, robust, and flexible to accommodate valid metrics that brands desire to see reflected in their customized reports, and also based on the AMEC Standard in accordance with the Barcelona Principle 3.0. We deploy the P+MCA (media content analysis) methodology for media evaluation and analysis based on qualitative and quantitative metrics in analyzing media exposure,” Odiakose affirmed.

He said the new office would serve as a hub in the country and the West Africa sub-region, where the company will provide media monitoring, measurement, evaluation, and performance audit services for brands, media agencies, government  agencies and NGOs.

Also as part of its efficient services, the measurement and evaluation company introduced “Get-Reports,” a novel product that allows the purchase of PR performance audit reports in key sectors.

The “Get-Reports” product spans across different industries which includes the 22 Commercial Nigerian Banks PR Performance Audit Report, Top Nigerian Insurance PR Performance Audit Report, Top Nigerian Digital Banks PR Performance Audit Report, and Top Online Streaming Services PR Performance Audit Report.

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It’s not too late for NASS to revisit e-transmission of election results – SAN

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By Gistflash News

Sept 26, 2021

A Senior Advocate of Nigeria (SAN), Mallam Yusuf Ali, says it is not to late for members of the  National Assembly to revisit the issue of  electronic transmission of election results to ensure credibility.
Ali, who made the remarks while speaking in an interview with newsmen on Sunday in Osogbo, said the more credible elections were, the less litigations they will attract.
The  News Agency of Nigeria (NAN) reports  that the Nigerian Senate had on July 16, passed the Electoral Act (Amendment) Bill, 2021, after division among its members on the electronic transmission of results.

The clause 52(2) of the bill gives the Independent National Electoral Commission (INEC) the discretion to determine when, where and how voting and transmission of results will be done.

The Senate had ruled out the possibility of having results transmitted electronically when it voted that the NCC, with the National Assembly’s approval, would determine whether INEC could transmit results electronically or not.

Similarly, the House of Representatives, on July 16, passed the Electoral Act (Amendment) Bill, maintaining the controversial Clause 52(2) as presented amidst protests, especially by members of the minority caucus.

After the passage of the bill, the Speaker, Mr Femi Gbajabiamila, criticised the proposed electronic transmission of election results, saying it was not feasible in the country for now.

According to Ali, since INEC had assured that it had the capacity to transmit election ressults electronically, it should be allowed to do so.
“For me, it is not too late for the National Assembly to revisit the matter, since the INEC said it has the capacity to transmit election results electronically.
“The legislature should do that which will assist in ensuring credible elections,” he said.
Ali also urged politicians to desist from “do-or-die” politics, adding that the electoral system was too moneytised.
“One major problem with our politicians is this do-or-die politics and the moneytisation of the political process.
“That is why we see so many litigations in the political process. It is all because people see political offices as an avenue to run away from poverty and not for service.
“I have said it before, if you are given an assignment for two or four years and you do it diligently, you will not want a renewal, you will just want to go home,” he said.
NAN

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