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AMBUSH: Court rejects suit seeking to compel CCB to release INEC chair’s asset declaration forms

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Court Sentences Ogunlana Drive Domestic Staff to Death, for Killing Employer, Daughter

A Federal High Court, Abuja, on Wednesday, struck out a suit seeking to compel the Code of Conduct Bureau (CCB) to release details of the asset declaration forms of Prof. Mahmud Yakubu, Chairman, Independent National Electoral Commission (INEC) and those of his unmarried children.

Justice John Tsoho, in his judgment, held that the applicant, Emmanuel Agonsi, failed to establish that it was in the public interest of the CCB to make public the information he sought.

While Agonsi is the applicant, CCB and INEC chair were 1st and 2nd respondents respectively in the suit marked: FHC/ABJ/CS/33/2021.

In the suit, Agonsi sought an order of mandamus directing the CCB to release to him details of the asset declaration forms of Yakubu’s unmarried adult children in its custody as requested in his letter of Dec. 17, 2020; as well as accept payment of the appropriate fees from him forthwith.

The applicant further prayed the court for an order of mandamus directing the 1st respondent (CCB) to forthwith produce for the examination of the court-certified copies of the assets declaration forms of Yakubu and his unmarried adult children submitted to CCB for the period between 2007 and 2012 when he held office as executive secretary, Tertiary Education Trust Fund (TETFUND) and as INEC chairman between 2015 and 2020, and any other ones declared thereafter.

He, therefore, sought the following reliefs: “A declaration that the 1st respondent has a statutory and public duty to furnish the applicant information and details concerning the 2nd respondent as contained in the applicant’s letter of request dated Dec. 17, 2020.

“A declaration that the refusal or failure of the 1st respondent to respond to or comply with the applicant’s request as contained in his letter dated Dec. 17, 2020, constitutes a refusal/failure of the 1st respondent’s statutory and/or public duty to the applicant and is therefore unlawful, illegal, abuse of powers, abuse of discretion and ultra vires.

But the INEC chair, in a preliminary objection, prayed the court to strike out the suit for being incompetent.

Delivering the judgment, Justice Tsoho upheld the preliminary objection raised by Yakubu on the ground that the applicant failed to provide material facts to convince the court to grant his prayers.

The judge said: “Having considered the facts, circumstances of the case and the submissions of counsel, it is my respective view that the applicant does not warrant the grant of the reliefs sought.

“The information sought related to personal information and personal privacy which is exempted under Section 14(1) of the Freedom of Information Act.”

He said the applicant had failed to show reasons the respondents ought to disclose the information vide Section 14(2)(a) of the act.

“The applicant has not established by credible evidence that there exists public interest in disclosing the information which outweighs whatever injury that the disclosure of the information will cause,” he said.

The judge also proceeded to determine the suit on its merit and further concluded that the applicant did not warrant the reliefs he sought.

According to him, as earlier noted, nothing weighty or reliable in the affidavit of the applicant before this court to show that the disclosure sought is in public interest and that the public interest outweighs the protection of the privacy of the individual for the injury that the disclosure will cause.

The judge held that the application was without merit and proceeded to strike it out.

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Super Eagles beat hosts Guinea Bissau, to reclaim Group ‘A’ leadership

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Super Eagles beat hosts Guinea Bissau, to reclaim Group 'A' leadership

The Super Eagles on Monday in Bissau beat hosts Guinea Bissau 1-0 to reclaim leadership of Group A in the 2023 Africa Cup of Nations (AFCON) qualifiers.

Moses Simon’s penalty kick after 29 minutes gave the Nigerian senior men’s football team the needed win to move to nine points after four matches.

They have now upstaged from the apex position Guinea Bissau who toppled them on Friday in Abuja with a 1-0 win.

Guinea Bissau is with seven points from four matches and in second place, ahead of Sierra Leone who has five points from four matches.

Nigeria is expected to now face the Leone Stars of Sierra Leone in a Match Day 5 fixture.

 Details later  

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NGX: Investors Lose N622bn, as NCR Nigeria, Unity Bank lead Losers’ chart

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NGX: Investors Lose N622bn, as NCR Nigeria, Unity Bank lead Losers’ chart

The domestic stock market on Nigeria Exchange Ltd. (NGX) continued on a negative note as the market capitalisation on Monday dropped by N622 billion amid sustained profit-taking activities.

Accordingly, investors lost N622 billion in value as market capitalisation declined to  N29.281 trillion from N29.903 trillion recorded at the previous session.

The All-Share Index (ASI) fell by 1,141.76 points, representing a decline of 2.08 percent, to close at 53,750.77 points as against the 54,892.53 posted on Friday.

Consequently, the ASI’s year-to-date (YTD) return fell to 4.88 percent.

The downturn was impacted by losses recorded in large and medium capitalised stocks, amongst which are; Airtel Africa, Seplat Energy, MTN Nigeria Communications (MTNN), Nigerian Breweries and Lafarge Africa.

“We expect risk-on sentiments to be sustained in the equities markets even as the depressed interest rate environment will continue to favour the local bourse in line with our expectations for Q1, 2023.

“Taking positions in stocks with solid valuations and dividend yields ahead of the dividend-paying season remains the choice strategy.

“However, we see room for extended profit-taking activities,” Analysts at United Capital Plc said.

The market breadth was negative as 21 stocks lost relative to five gainers.

Courteville Business Solutions recorded the highest price gain of 6.67 percent to close at 48k per share.

NPF Microfinance Bank followed with a gain of 2.7 percent to close at N1.90 and AIICO Insurance up by 1.75 percent to close at 58k per share.

FBN Holdings (FBNH) rose by 0.92 percent to close at N11, while Zenith Bank gained 0. 2 percent to close at N25 per share.

Conversely, NCR Nigeria led the losers’ chart by 9.79 percent to close at N2.12, per share.

Unity Bank followed with a decline of 9.43 percent to close at 48k, while Prestige Assurance declined by 8.89 percent to close at 41k, per share.

SUNU Assurance declined 8.33 percent to close at 44k, while Multiverse Mining and Exploration and Airtel Africa shed 8.31 percent each to close at N2.98 and N1,420 respectively per share.

Also, the total volume traded decreased by 26.66 percent to 100.883 million units, valued at N4.342 billion and exchanged in 3,279 deals.

Transactions in the shares of Guaranty Trust Holding Company (GTCO) topped the activity chart with 12.836 million shares valued at N318.513 million.

Zenith Bank followed with 11.920 million shares worth N297.982 million, while United Bank for Africa (UBA) traded 10.038 million shares valued at N80.242 million.

MTNN traded 8.264 million shares valued at N1.927 billion, while FBNH transacted 7.719 million shares worth N84.577.

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MARITIME SAFETY: NIMASA, NCC Close Ranks On Submarine Cable Regulation In Nigeria

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MARITIME SAFETY: NIMASA, NCC Close Ranks On Submarine Cable Regulation In Nigeria

…Jamoh reiterates  commitment to Ease of Doing Business 

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Nigerian Communications Commission (NCC) have agreed to work closely with relevant stakeholders as the Agency inches closer to developing a regulatory framework to provide operational guidelines for Submarine Cable and Pipeline Operators in Nigeria. 

Officials of both organs of Government in Lagos reached this agreement at a pre Audit meeting on submarine cable regulation.

The Director General of NIMASA Dr. Bashir Jamoh, OFR, who chaired the meeting, which also had the Director General of Bureau of Public Service Reforms (BPSR) Mr. Dasuki Arabi in attendance, noted that the Agency is committed to the Ease of doing Business while implementing International Conventions which Nigeria has ratified and domesticated. 

He noted that with Nigeria now a destination for global communication players, the time has come to prevent unregulated underwater cable laying, which might become hazardous to shipping.

According to him, “It is worthy to note that marine cable laying has been ongoing for over two decades in Nigerian waters. Our focus is to ensure safety of navigation of shipping in Nigerian waters with all these underwater cables being laid.

NIMASA is actually developing the guidelines to regulate submarine cable operators in line with the provisions of the United Nations Convention on the Law of the Sea, UNCLOS; which we have ratified and NIMASA is the Agency of Government in Nigeria responsible for its implementation. We do not just implement laws; we consult. Where the responsibility of an Agency stops, that is where the responsibilities of another Agency start. Collaboration is a key component of ease of doing business in the best interest of the country and we will work closely with the NCC to achieve this”.

On his part, the Executive Vice Chairman of the NCC, Professor Umar Garba Danbatta who was represented by the Director, Compliance Monitoring and Enforcement, Efosa Idehen noted that the stakeholders’ dialogue strategy adopted by NIMASA in developing the guidelines would ensure a win-win situation urging NIMASA management to include the Ministry of Justice, a request NIMASA DG immediately granted.

Also speaking at the meeting was the Director General of the Bureau of Public Service Reforms Mr. Dasuki Arabi, who commended NIMASA and NCC for adopting effective Inter-Agency collaboration to avert a potential challenge for the country in the future.

NIMASA had notified submarine and cable operators in Nigeria of a soon-to-be-implemented regulatory guideline for submarine cables and pipelines in Nigeria, in line with the provisions of UNCLOS. NIMASA and the NCC agreed to identify and resolve areas of likely regulatory overlaps, ensuring a regulatory framework based on consultation to engender the attainment of Nigeria’s digital economy transformation.

Officials of the Federal Ministry of Environment and representatives of Submarine Cable operators in Nigeria were also at the meeting.

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