By Modupe Gbadeyanka
A Memorandum of Understanding (MoU) has been signed between Nigeria and the Republic of Korea to develop, coordinate and monitor the implementation of a maritime security and safety scheme.
The agreement was signed on Tuesday between the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Korean Coast Guard.
At the signing ceremony, the Director-General of NIMASA, Mr Bashir Jamoh, said this development will further provide security to the Gulf of Guinea.
He described the cooperation between his agency and the Korean Coast Guard as a welcome development, emphasising that the MoU will be implemented to the best interest of both countries.
“The relationship between Nigeria and Korean spans over many decades and this MoU, which started with a statement of intent in 2018, is designed to reinforce the commitment of both countries to grow bilateral trade through maritime,” the NIMASA chief said.
Commenting on the emergence of Nigeria’s Dr Paul Adalikwu as the newly elected Secretary-General of the Maritime Organization for West and Central Africa (MOWCA), Mr Jamoh said that it was another testimony of the trust the international community now bestow on Nigeria’s leadership role in the African maritime sector.
On his part, the Director-General of the International Affairs and Intelligence Bureau, Korean Coast Guard, Mr Seonggi Kang, praised NIMASA for the deal, assuring that his country will do its best to achieve the aim.
Akinwumi Adesina Turns Down Requests to Become Next Nigerian President
By Adedapo Adesanya
The President of the Africa Development Bank (AfDB), Mr Akinwumi Adesina, has ruled himself out of the 2023 presidential race in Nigeria.
Mr Adesina made his position known in a statement on Tuesday after months of calls for him to join the contest after a group bought the presidential nomination form of the All Progressives Congress (APC) for him at the cost of N100 million.
In the statement, the banker emphasised that his current desire is to continue to hold the office of the president of the AfDB which he won reelection for last year.
However, he expressed appreciation for those who found him worthy of leading his country at this critical time it is undergoing different challenges ranging from economy, security and others.
“While I am deeply honoured, humbled and grateful for all the incredible goodwill, kindness, and confidence, my current responsibilities at this time do not allow me to accept to considered,” the statement read in part.
“I remain fully engaged and committed to the mission that Nigeria, Africa and all the non-African shareholders of the African Development Bank have given me for Africa’s development.
“I remain fully focused on the mission of supporting the accelerated development and economic integration of Africa,” Mr Adesina added.
Less than two weeks ago, a coalition of 28 groups purchased the N100 million APC presidential forms for the former Agriculture Minister.
The coalition consists of groups such as the Youth Arise Movement, Nigerians in Diaspora, One Nigeria Group, Prudent Youth Association of Nigeria, women groups, farmers, and other civil society groups.
Sanwo-Olu Promises Justice for Sound Engineer David Imoh
By Modupe Gbadeyanka
Governor Babajide Sanwo-Olu of Lagos State has promised to ensure that the late Sound Engineer killed by a mob in the Lekki area of the state last week gets justice.
The Governor gave this assurance through the Commissioner for Information and Strategy, Mr Gbenga Omotoso, in a statement issued on Monday night.
Last week, after boarding a commercial motorcycle, an argument ensued between Mr David Imoh and the okada rider over N100 and attracted other riders, who then lynched him.
There have been calls for justice for the deceased and in the statement today, the state governor said this would be done.
He condemned the mob attack and said the police are interrogating four suspects at the State Criminal Investigation Department (CID), Panti in connection with the incident, while two survivors of the act are in hospital.
According to Mr Sanwo-Olu, the government will address the root cause of this and similar incidents, which have caused public anxiety, appealing to residents to remain calm as police continue to investigate the matter.
“Lagos has no room for savagery and anybody found to have been involved in this barbarism will surely face the law.
“We condemn and will not condone any kind of jungle justice, no matter who the perpetrators are,” the statement stressed.
N80bn Fraud: EFCC Arrests Accountant General of the Federation Ahmed Idris
By Modupe Gbadeyanka
The Accountant General of the Federation (AGF), Mr Ahmed Idris, is cooling off in the custody of the Economic and Financial Crimes Commission (EFCC).
He is having talks with the agency, explaining what he knows about an alleged diversion of N80 billion belonging to the federal government.
He was picked up by operatives of the EFCC on Monday, May 16, 2022, after allegedly failing to honour invitations by the commission to respond to issues connected to the issue.
In a statement issued on Monday night, the anti-money laundering organisation claimed that Mr Idris, through verified intelligence, “raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.”
“The funds were laundered through real estate investments in Kano and Abuja,” another part of the statement disclosed.
The AGF has been in the news lately over an audit report, which indicted some ministries, departments and agencies (MDAs) of the federal government of fraud.
Latest News on Business Post
- YouTube Music, Sarz Academy to Train Producers, Songwriters May 17, 2022
- Who Wears Nigerian Idol Season 7 Crown, Progress or Zadok? May 17, 2022
- Cyber Attacks: Africa Must Encourage Digital Skills Development—Experts May 17, 2022
- B2B e-Commerce: Fostering Sales, Distribution with Data Analytics May 17, 2022
- Akinwumi Adesina Turns Down Requests to Become Next Nigerian President May 17, 2022
- Oyo Catholic Diocese Gets Licence to Operate Microfinance Bank May 17, 2022
- Introduction of Capital Gains Tax Could Discourage Investors—Popoola May 17, 2022
- Afreximbank, APPO to Establish African Energy Bank May 17, 2022
- NowNow Unveils New Features to Boost Contactless Payments May 17, 2022
- Inflation in Nigeria Jumps to 16.82% in April 2022 May 17, 2022