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MFV AFKI: Nigerian Navy Rescues Cameroonian Fishing Vessel



…Hands Over N70m Seized Cannabis Sativa To NDLEA In Badagry***

The Nigerian Navy (NN) says it has rescued a Cameroonian registered fishing vessel, MFV AFKI, which drifted off its course on Oct. 24 with two crew members on board.

The Director of Naval Information, Commodore Adedotun Ayo-Vaughan, said in a statement on Monday in Abuja, that the Nigerian Navy received distress information about the missing vessel on Nov. 1.

Ayo-Vaughan said information received from the Netherlands Embassy in Nigeria indicated that the vessel was heading to Congo Kinshasa after it left Bangul in Gambia when it drifted off course.

He said that while in transit, the vessel suffered depleted fuel to her propulsion engines which resulted in her drifting off the coast of Sao Tome and Principe into Nigeria’s Exclusive Economic Zone.

“Unfortunately, all efforts by the vessel owners to trace its location for possible rescue proved abortive.

“However, further surveillance revealed that the last known location of the vessel was about 72 nautical miles from the Nigerian coast.

“Consequently, the NN swiftly deployed Nigerian Navy Ship (NNS) DORINA at its Maritime Domain Awareness facilities for Search and Rescue Operation.

“Accordingly, on Nov. 17 at about 20:00 hours, after frantic surveillance by the deployed NN platform, NNS DORINA traced and made contact with the vessel, 17 nautical miles off Pennington terminal,” he said.

Ayo-Vaughan said that due diligence was made to ascertain the status of the vessel and was discovered that it had no incriminating items onboard and was subsequently towed to Escravos in Delta.

According to him, the NN Forward Operating Base in Escravos took custody of the fishing vessel for further administrative procedures in preparation for handover to the Netherlands embassy.

“The NN wishes to use this opportunity to once again reassure seafarers and indeed other maritime operators of its commitments to collaborate with local and strategic partners and allies.

“To ensure the safety and security of vessels as well as crew members who carry out legitimate businesses in or transiting Nigerian maritime environment.”

*Lt. Cdt. Kelly Umoru, the Base Operations Officer, FOB, representing the Commanding Officer FOB, Navy Captain Aiwuyor Adams-Aliu, handing over the 50 sacks of cannabis sativa to Mr Owen Dinneys, the Commander of Narcotics, Area Commander, Seme Special Command of NDLEA, on Monday in Badagry.

In another development, the Forward Operating Base (FOB) of the Nigerian Navy, Badagry, Lagos, handed over 50 sacks of cannabis sativa worth N70 million to the National Drugs Law Enforcement Agency, (NDLEA) in Badagry.

On the seizures, Lt. Cdt. Kelly Umoru, the Base Operations Officer, FOB, representing the Commanding Officer FOB, Navy Captain Aiwuyor Adams-Aliu, said they seized the suspected cannabis sativa on Sunday.

“On Nov. 19, at about 6.30.a.m, they got an intelligence tip-off of suspected smuggling activities within our own Area of Operations.

“The intelligence indicated that a boat was sighted offloading products suspected to be cannabis sativa at Gbethrome Beach close to the Ashipa community.

“Consequently, the Base Quick Response Team, led by myself and Base Intelligence Officer, Lt. E. U. Okorie, proceeded to the scene of the crime for investigation and possible arrest.

“The team conducted a cordon and search operation in the area,” he said.

Umoru said after searching, a total of 50 sacks of the suspected products which valued at about N70m were recovered.

“The adjoining communities were also searched but no other products or suspects were found.

“Investigations are ongoing in conjunction with other security agencies to identify the drug trafficking syndicate and in due course, arrest and prosecute same,” he said.

50 sacks of suspected cannabis sativa valued at N70m seized by the Forward Operating Base (FOB) of the Nigerian Navy

He recalled that since the Chief of the Naval Staff, Vice Admiral Emmanuel Ogalla assumed office, he had stated that his mission was to maintain and equip a professionally competent naval force capable of defending Nigeria’s maritime area of interest in fulfillment of national security imperative.

“Similarly, the Flag Officer Commanding Western Naval Command, Rear Admiral Mustapha Hussan, on Nov. 9, launched Operation Water Guard.

“This operation is aimed at denying smuggling and other criminal elements the freedom of action within Badagry General Area, to ensure security and economic stability in the area,” he said.

Receiving the exhibit, Mr. Owen Dinneys, the Commander of the Narcotics, Area Commander, Seme Special Command of NDLEA, promised that an investigation would commence on the seized items.

He commended Nigerian Navy for the huge seizures, assuring them that the perpetrators would not go unpunished.

“We will ensure that whoever is involved in the illegal drugs smuggling into the country is apprehended and justice will be done,” he said.

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MWUN Congratulates PTML Management On Acquisition Of MV Great Lagos



*MV Great Lagos

…Describes ship as a marvel of modern engineering

The Maritime Workers Union of Nigeria (MWUN) under the leadership of its President-General, Comrade Adewale Adeyanju, has congratulated the Managing Director of Grimaldi Shipping Company, Mr. Ascanio Ruso, and his management for acquiring “MV GREAT LAGOS”, noting that it is the first of its kind in Nigeria.

The ship is described as a marvel of modern engineering with functions of environmental consciousness built to meet the challenges of modern-day technology in the maritime industry.

“This suffices to say that Ascanio Ruso is one of the best maritime administrators in Nigeria, who treats workers in his employ with humane and dignity for labour,” Adeyanju, a Prince of Ibaan further stated.

NLC: MWUN President-General, Adeyanju, to vie for Deputy National President post

“I wish to categorically state here again that Mr. Ascanio is a wonderful Managing Director with a human face and one of the foremost employers of labour in the industry. Your blood flows with genuine intentions of fair treatment to workers’ welfare in the maritime space.

*MV Great Lagos

“We in the Maritime Workers Union of Nigeria Congratulate you on this laudable milestone achievement. Once again, we say congratulations to Mr. Ascanio Ruso and your management team,” Prince Adeyanju said.

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Makinde Presents N434.2bn 2024 Budget Proposal For Oyo State



PDP’s Agboworin wins House of Representatives re-run election in Oyo

 Gov. Seyi Makinde of Oyo State on Tuesday presented a budget of N434.2 billion for 2024 to the State House of Assembly for consideration and approval.

According to Makinde, the budget is made up of N222.3 billion for capital expenditure, and N211.8 billion for recurrent expenditure.

Presenting the budget tagged: “Budget of Economic Recovery”, the governor said the capital expenditure is 2.4 percent higher than the recurrent expenditure.

He added that the 2024 budget was estimating an increased Internally Generated Revenue of N72 billion with an average of N6 billion monthly.

Education gets the highest share of the budget with N90.6 billion or 20.8 percent of the budget, followed by Infrastructure which gets N74.3 billion or 17.1 percent of the appropriation bill.

The health sector takes the third position with N40.9 billion, which is 9.4 percent and Agriculture has N15.8 billion, which is 3.6 percent of the total budget proposal.

PDP’s Agboworin wins House of Representatives re-run election in Oyo

*Governor Seyi Makinde

He promised that the 2024 budget would cover projects, policies, and actions “which when implemented will cushion the effect t of the hardship the people are facing as a result of fuel subsidy removal.”

Makinde further said that his administration would continue to use technology to block loopholes, saying his government has no plan to increase taxes.

He urged the House of Assembly to see to the speedy passage of the budget proposal for the state’s economic growth and benefit of the people of Oyo State.

Responding after the presentation, the Speaker of the House of Assembly, Mr ‘Debo Ogundoyin (PDP Ibarapa East) assured the governor of speedy consideration of the Appropriation Bill.

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Reps Committee Issues Warrant Of Arrest On CBN Governor, Others



..Following their alleged refusal to appear, four times when invited

The House of Representatives Committee on Public Petition has issued a warrant of arrest on the Central Bank Governor, Mr Olayemi Cardoso, the Accountant General of the Federation, Mrs Oluwatoyin Madein, and 17 others for refusing to appear before it to answer questions on their operations.

This followed the adoption of a motion by Rep. Fred Agbedi (PDP-Bayelsa) at the committee’s hearing on Tuesday.

Moving the motion, Agbedi said that the arrest warrant had become inevitable following the attitude of the invitees.

He said that the parliament worked with time and the CEOs had been invited four times but failed to respond.

He said that the CEOs should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the Speaker, Rep. Tajudeen Abbas.

Forex inflow: CBN tasks banks to support indigenous companies

In his ruling, the Chairman of the committee, Rep. Micheal Irom (APC-Cross River)  said that the I-G should ensure the CEOs were brought before the committee on Dec. 14.

Earlier, the petitioner, Mr Fidelis Uzowanem, said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) report of 2021.

He said that the report was a summary of the transactions in the oil and gas industry for 2021 which NEITI could to be challenged.

“We took up the challenge to examine the report and discovered that what NEITI put together is a report is only a consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because was have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently be funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL, they have been in the sink with some oil companies where some companies that did not produce crude were paid cash call, an amount paid for crude oil production,” he said.
He added: “We also found that the cash core payment was used as a channel for laundering funds by NNPCL and we found out that NEITI was able to conceal it in its report.

“In 2021 NEITI reported that Total Exploration and Production Nigeria-Ltd was paid 168 million dollars but examination of submission by the company shows that it received 292 million dollars.

“In other words, 124 million dollars were laundered by NNPCL through Total because monies that have been officially paid to Total could not have been concealed if it were not meant for fraudulent purposes.

“Also for Chevron, the dollar payment NEITI puts forward in its report was 76 million dollars but document emanating from Chevron showed that they received as much as 267 million dollars.”

“In other words, 191 million was laundered under the cover of Chevron and NEITI concealed that; also, Nigeria Agip Company received 188 million dollars but none of it was reported by NEITI”.

Some of those to be arrested were the Chief Executive Officer of National Petroleum Investment Management Services (NAPIMS), that of Ethiop Eastern Exploration and Production Company Ltd, as well as the CEO of Western Africa Exploration and Production.

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