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CSOs Beg Senate To Confirm Magu As EFCC Chairman

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By Dipo Olowookere

A coalition of anti-corruption groups in Nigeria have urged leadership of the Senate to rush the confirmation of the acting Chairman of the Economic and Financial Crime Commission (EFCC), Mr Ibrahim Magu, so as to give the ongoing anti-corruption fight the impetus it desperately needs and help sustain the Buhari administration in curtailing impunity in governance.

This latest call on the National Assembly reiterates an earlier call made by the Africa Network for Environment and Economic Justice (ANEEJ) in August 2016 in the wake of delays in the confirmation of Mr Magu as substantive Chairman of the EFCC.

The group, rising from the recently concluded National Conference on the Role of the Legislature in the Fight Against Corruption, organised by the National Assembly and the Presidency, noted that prior to the process leading to the confirmation of Mr Magu as Chairman of EFCC, the National Assembly went on recess.

Interestingly, the Senate has since reconvened, screened and confirmed justices of Supreme Court and Board of the Niger Delta Development Commission (NDDC) forwarded to it long after the submission of Mr Magu’s name for confirmation as EFCC’s chairman by President Muhammadu Buhari.

The groups, in a press statement issued by their representatives, quoted Section 2 of the EFCC Act, which says ‘there shall be a chairman who shall be the Chief Executive Officer of the commission, and who shall not be below the rank of an Assistant Commissioner of police. He is to be saddled with the responsibility of running the anti-crime commission.’

The anti-corruption groups noted that they believe that Mr Magu, a Deputy Commissioner of Police, meets and exceeds this requirement and that his confirmation as EFCC Chairman should be without further delay.

They noted that if this was done, it would give the anti-corruption fight the boost it needs to end the culture of impunity and systemic corruption in Nigeria.

Members of the platform (ANEEJ, CACOL, CSNAC, Centre for Transparency Advocacy (CTA), and Publish What You Pay) contends that the security of tenure for the leadership of the anti-corruption agencies saddled with the task of tackling the debilitating effects of corruption is a globally recognized principle for guaranteeing the independence of anti-corruption agencies.

Fighting corruption without the basic guarantee of security of tenure for the head of anti-corruption agencies, the coalition said, has become the trend in the recent past in Nigeria, stressing this has been one of the major limitations of the fight against the scourge of corruption in Nigeria, noting that the Senate has a duty to reverse this trend.

The coalition said while the EFCC has of late stepped up the fight against acts of corruption and abuse of public trust as exemplified in the tracking of those remotely and directly connected with the misapplication of monies meant to fight Boko Haram insurgency, confiscation of the properties suspected to have been acquired from proceeds of crime linked to politically exposed persons as well as the investigation and prosecution of alleged owners, the lack of a substantive head with a secured tenure has been a major setback in all these efforts.

“This delay by the Senate sends a wrong signal of deliberate attempt by the Senate to frustrate the anti-corruption fight or at best, exert political pressure on the EFCC and force it into some compromise with the Senate,” they said.

The groups also called on President Buhari to use the ongoing second review mechanism of the United Nations Convention Against Corruption (UNCAC), which Nigeria is undergoing, to send a strong message to the international community that Nigeria is genuinely committed to the fight against corruption.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Nigeria-China Strategic Partnership to Deepen Economic Ties

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By Adedapo Adesanya

The Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr Joseph Tegbe, is currently visiting China to bolster China-Nigeria relations and foster economic and sustainable development between both countries.

The DG, with the Nigerian delegation, on Monday was at the headquarters of the National Development and Reform Commission (NDRC) of the People’s Republic of China where the NDRC Deputy Chairman received them, Mr. Zhao Chenxin, and other top officials, as well as the Nigerian diplomatic community and the Chinese Business Community.

Mr Tegbe is expected to cement strategic agreements in line with President Tinubu’s vision, with China for national growth and in vital sectors of the economy such as agriculture, to boost food security, alternative energy for developing renewable energy sources, healthcare, mining for harnessing Nigeria’s mineral resources to drive economic growth, education to strengthen Nigeria institutions and promote cultural exchange.

Other areas include technology, to foster innovation and advancement, and the support initiative of China’s Belt and Road Initiative (BRI).

The visit of the NCSP ‘s DG underscores the federal government’s commitment to establishing strong bilateral relations and supporting Nigeria’s economic diversification plans, infrastructure development, technology transfer, and job creation to foster mutually beneficial collaboration between the two nations.

Through this initiative, Nigeria can leverage its resources and human capital to develop key industries, bolster infrastructure, and enhance youth capacity through skills acquisition programmes.

On Monday, the DG NCSP and his team visited the CCECC Head Office, had dinner with the CHEC, and will on Tuesday, visit the Governor of the Central Development Bank, the Ministry of Foreign Affairs, and the China Export, Import Bank, as well as the China Development Bank. They also met with Power China Representatives.

They will on Wednesday, visit the Chief Harbour, the CHEC, CNCEC, and the CCECC Chairman, before moving to the CSCS Haishen Medical on Thursday, the CCECC, the China Building Materials, amongst others.

They will on Monday, 20th January, visit the Consulate General/Trade Mission Office, the Yang Shang Deep Sea Port, and Danghai Bridge (Sea).

The team is also expected at Huawei, before going to the CEC/ Long UAV, for a meeting with Diana Chen on Saturday, before returning to Nigeria.

This initiative comes on the heels of President Bola Tinubu’s official visit to China before the 2024 Forum on China-Africa Cooperation (FOCAC), where he had talks with China’s President Xi Jinping on improved economic cooperation, with the latter pledging 360 Billion Yuan, (about $51 billion), financing to African nations in the next three years, and support for 30 infrastructure projects to boost connectivity across the continent.

Last week, Chinese Foreign Minister Wang Yi visited Nigeria to reinforce the growing partnership between China and Africa, especially Nigeria, with discussions on strengthening economic ties, enhancing security cooperation and mutual developmental goals.

As Nigeria, Africa’s largest economy, seeks to become a net exporter to China in the next five years, the consolidated partnership is aimed at playing a crucial role in achieving this goal.

The country also remains China’s major partner on the continent for trade and technology investments.

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Adelabu Claims Power Generation Rose 30% in 2024

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By Adedapo Adesanya

The Minister of Power, Mr Adebayo Adelabu, said power generation in the country increased by about 30 per cent in 2024, but missed crucial targets in the review year.

Mr Adelabu made the disclosure during his ministry’s 2025 budget defence before the Senate Committee on Power at the National Assembly complex on Monday.

He said that when he assumed the leadership of the ministry in 2023, he met an average of 4,100 megawatts of power generation.

“I can tell you authoritatively that by the end of 2024, we had a peak generation of 5,528 megawatts of power from 4,100 megawatts that we met on ground and the reason for this is not far-fetched. We added a new hydroelectric power dam, Zungeru, with 700 megawatts.

“There was also a tremendous increase in the generation lines by other existing generation companies,” he said.

The Minister said that the target for power generation was 6,000 megawatts, adding, however, that due to the challenges experienced toward the end of 2024 in terms of grid collapses, the ministry missed the target by a minimal margin.

He further said that apart from energy access expansion, the sector had plans to stabilise the grid and other transmission infrastructure.

“I’m happy to also inform you that out of the eight collapses of the national grid that we experienced during 2024, five were full collapses, while three were partial collapses.

“Out of the five full collapses, three were actually due to generation problems. So, as against the 12 collapse that were publicised, it was just about eight collapses.

“We have been trying very hard to ensure that we manage the grid that was inherited.

“Unfortunately, it is still very old. It is dilapidated. And we are just managing it until we are able to fix it permanently.

“This is the focus of the Presidential Power Initiative, to ensure that the entire grid is revamped so that we won’t be having all this vandalism.

“So these are the summaries of our activities. And we are proud to say that we almost met all our targets for 2024.

“Our hope is that 2025 will be a better year for us, and we will be able to address all the existing issues in the sector,” he said.

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Sanwo-Olu Denies Involvement in Obasa’s Removal as Lagos Speaker

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By Dipo Olowookere

The governor of Lagos State, Mr Babajide Sanwo-Olu, has refuted claims that he was involved in the removal of Mr Mudashiru Obasa as the Speaker of the Lagos State House of Assembly.

Mr Obasa was impeached on Monday after being on the seat since 2015 by 32 of the 40-member state parliament for alleged gross misconduct.

The action was carried out while the Speaker was away in the United States, with Mrs Mojisola Meranda elected as his replacement, becoming the first female to occupy the position.

It happened a few weeks after Mr Obasa said during the presentation of the 2025 budget by Mr Sanwo-Olu that he was qualified to be the governor of the state and even better than those who have occupied the position.

This statement by the former Speaker was seen as an affront on the previous governors of the state, including President Bola Tinubu, who governed Lagos between 1999 and 2007.

It has been speculated that Mr Obasa kept Governor Sanwo-Olu waiting for long during the budget presentation last month. It was claimed that this action infuriated the governor and leaders of the ruling All Progressives Congress (APC).

Yesterday, members of the parliament in Lagos said they had had enough of Mr Obasa, moving to remove him from office.

As this happened, there were claims that Mr Sanwo-Olu instigated members of the Lagos State House of Assembly to impeach the former Speaker.

But the governor, through his Special Adviser on Media and Publicity, Mr Gboyega Akosile, distanced himself from the impeachment, emphasising that it was purely a decision of the legislative arm of government.

“This is a legislative matter, and the Assembly handled it as they saw fit. The governor has no involvement,” Mr Akosile, who once served as the Chief Press Secretary (CPS) of Mr Sanwo-Olu, said in an interview, noting that his principal does not interfere in the other arms of government.

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