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8 — Vanguard, WEDNESDAY, MARCH 24, 2021<br />
:Vanguard News<br />
:@vanguardnews :@vanguardnews NEWS HOTLINES: 08052867023, 08052867058<br />
POETRY DAY— From left: Renowned Poet, Odia Ofeimun; art enthusiast, Chief Kayode Aderinokun; MD/CEO,<br />
ProvidusBank, Walter Akpani; Veteran actor, Mrs. Taiwo Ajai-Lycett; Nobel Laureate, Professor Wole Soyinka;<br />
MD/CEO, Northwest Petroleum, Dame Winnie Akpani; Consul General, U.S. Consulate, Ms. Claire Pierangelo,<br />
and Nigerian explorer, Chief Newton Jibunoh, during ProvidusBank's 'Poetry Café' event, to mark the World<br />
Poetry Day, with the theme: ‘Voices in the Cause of Earth’, at Eko Hotel & Suites, VI, Lagos, weekend.<br />
Drama as Dickson confronts Dahiru over<br />
comment on Bayelsa's population<br />
•Mubi’s population much higher than Bayelsa’s 8 LGAs<br />
Senator Dahiru; •Who conducted the census, how justifiable<br />
is Mubi’s population? Senator Dickson fires back<br />
By Henry Umoru<br />
ABUJA — THERE was<br />
drama in the Senate<br />
yesterday, following altercation<br />
between Senators Aishatu<br />
Dahiru, APC, Adamawa Central<br />
and Seriake Dickson, PDP,<br />
Bayelsa West, over comments<br />
on Bayelsa’s small population.<br />
Trouble started during plenary<br />
when Senator Dahiru<br />
took a swipe at Bayelsa State,<br />
saying Mubi North’s population<br />
of 2,089,540 was much<br />
higher than the entire population<br />
of Bayelsa State which is<br />
currently 1,704,515.<br />
Dahiru attacked the South<br />
South state when she led a debate<br />
on the general principles<br />
of the Bill for an Act to provide<br />
the legal framework to establish<br />
the Federal Medical Centre,<br />
Mubi, Adamawa State,<br />
and for related matters, 2021(<br />
SB.668), sponsored by her.<br />
Presenting the bill, the Adamawa<br />
senator immediately<br />
veered off her presentation,<br />
alleging that the population in<br />
need of the facility in Mubi was<br />
more than that of some states<br />
like Bayelsa.<br />
According to her, the town,<br />
Mubi, with a total land mass<br />
of 506.4km2 and a population<br />
of 759,045, is bound by neighbouring<br />
nine local government<br />
areas. “This together with<br />
the population of Mubi North<br />
makes it 2,089,540 people<br />
(very much higher than Bayelsa<br />
State’s eight local government<br />
areas, with a population<br />
of 1,704,515). “Nonetheless,<br />
this historic town has suffered<br />
from government neglect in<br />
terms of federal presence, especially<br />
in the area of tertiary<br />
healthcare delivery. “<br />
Senator Dahiru’s argument<br />
did not go down well with Seriake<br />
Dickson, the immediate<br />
past governor of Bayelsa State,<br />
who was infuriated. Angered<br />
by the submissions, Senator<br />
Dickson quickly raised up his<br />
hand which the President of<br />
the Senate mistook for an intention<br />
to contribute to the debate<br />
and obliged him. Dickson,<br />
who lampooned the Adamawa<br />
senator, faulted her<br />
claim on Bayelsa population.<br />
He declared that figures<br />
presented by Senator Dahiru<br />
were not verifiable, arguing in<br />
an angry tone that the size of<br />
Bayelsa, the physical land<br />
mass and the water bodies<br />
were thrice bigger than some<br />
states in the country. He said:<br />
“In my senatorial district, it<br />
will take me four days to go<br />
round. In my local government,<br />
Sagbama, it will take<br />
me three days to go round.<br />
“I just felt I should rise to<br />
enlighten the sponsor of this<br />
bill and by so doing, the rest of<br />
the country.<br />
“When people talk about<br />
population, they should be<br />
careful because if you go deep<br />
and ask who conducted the<br />
census, who verified what and<br />
what are counted, who are the<br />
residents and how justifiable?<br />
Noting the dangerous trend<br />
the argument was taking, the<br />
Senate President, Ahmad Lawan,<br />
interjected and cautioned<br />
Dickson against imputing<br />
improper motives to<br />
the debate.<br />
He said: “Apparently, I have<br />
to guide this contribution because<br />
you have made your<br />
point and, giving our standing<br />
orders, we shouldn’t impute<br />
improper motives to the<br />
submission by our colleagues.<br />
“The discussion is not on the<br />
population of Bayelsa or population<br />
censors conducted<br />
before now. We should rather<br />
concentrate on the main focus,<br />
which is on the establishment<br />
of federal medical centre.<br />
“I agree that there are<br />
many questions people will<br />
like to raise, but I think the<br />
essence of this debate is to focus<br />
on the general principles<br />
and merits of the bill.”<br />
Dickson, however, continued<br />
his presentation: “Debates<br />
and submissions in this<br />
hallowed chamber must be<br />
based on justifiable fact.<br />
“I was only rising to enlighten,<br />
without prejudice to the<br />
merits or demerits of the bill,<br />
that the premise that she has<br />
put forward as a reason or one<br />
of the reasons this bill should<br />
be considered is faulty. That<br />
should be expunged, it should<br />
not form part of it. That is not<br />
factual, it is incorrect.’’<br />
Zenith Bank retains position as ‘Best Bank in Nigeria’<br />
ZENITH Bank Plc has<br />
emerged as the Best<br />
Bank in Nigeria in the Global<br />
Finance Magazine’s Best<br />
Banks Awards 2021, retaining<br />
the award for the second successive<br />
year.<br />
The bank was among other<br />
banks from 35 countries in<br />
Africa recognised as the prestigious<br />
US magazine, Global<br />
Finance announced its 28th<br />
Annual Best Bank Awards<br />
Winners in Africa. The editors<br />
of Global Finance made all<br />
s<strong>elections</strong> after extensive consultations<br />
with corporate financial<br />
executives, bankers<br />
and banking consultants, and<br />
analysts worldwide.<br />
Global Finance considered<br />
factors that ranged from the<br />
quantitative objective to the<br />
informed subjective in selecting<br />
these top banks. Objective<br />
criteria considered included:<br />
growth in assets, profitability,<br />
geographic reach, strategic<br />
relationships, new business<br />
development and innovation<br />
in products. Subjective criteria<br />
included the opinions of<br />
equity analysts, credit rating<br />
analysts, banking consultants<br />
and others involved in the industry.<br />
Global Finance’s “Best<br />
Banks Awards” are recognised<br />
amongst the world’s most influential<br />
banking/finance and<br />
corporate professionals as the<br />
most coveted and credible<br />
awards in the banking industry,<br />
with winners chosen in 150<br />
countries and territories<br />
across Africa, AsiaPacific, the<br />
Caribbean, Central America,<br />
Central & Eastern Europe,<br />
Latin America, the Middle<br />
East, North America and Western<br />
Europe.<br />
Founded in 1987, Global<br />
Finance regularly selects the<br />
top performers among banks<br />
and other financial services<br />
NHRC: <strong>Buhari</strong> seeks<br />
Senate's confirmation of<br />
Suleiman as chairman,<br />
Vanguard’s Soni Daniel,<br />
others, members<br />
By Henry Umoru<br />
ABUJA — PRESIDENT<br />
Muhammadu <strong>Buhari</strong><br />
has written the Senate, seeking<br />
the screening and subsequent<br />
confirmation of<br />
Salamatu Hussaini Suleiman<br />
as chairman of the National<br />
Human Rights Commission,<br />
NHRC.<br />
Also to be confirmed are fourteen<br />
others as members of the<br />
commission. In a letter to the<br />
Senate, read by the President,<br />
Senator Ahmad Lawan, at<br />
plenary yesterday, <strong>Buhari</strong> is<br />
asking the Senate to confirm<br />
the chairman and 14 others.<br />
The request was contained in<br />
a letter, dated March 17, 2021.<br />
According to President <strong>Buhari</strong>,<br />
the confirmation request<br />
was made pursuant to Section<br />
By Udeme Akpan<br />
LAGOS — THE Federal<br />
Government said yesterday<br />
it would realize $500 million<br />
(N189.5 billion) from the<br />
sale of the nation’s 57 marginal<br />
oil fields.<br />
The Minister of State for<br />
Petroleum Resources, Chief<br />
Timipre Sylva, who expressed<br />
the optimism, said 50 per cent<br />
of the target had been realized.<br />
Speaking at the end of the<br />
just concluded 2021 First<br />
Quarter Ministerial Meeting,<br />
held in Lagos, Sylva, who also<br />
spoke on the rehabilitation of<br />
refineries and petrol pricing,<br />
said: “The process has been<br />
concluded. Letters have gone<br />
BUA Group Chairman launches $100m Africa<br />
Endowment Fund<br />
By Babajide Komolafe<br />
LAGOS — Chairman,<br />
The BUA Group, Isyaku<br />
Rabiu has announced the establishment<br />
of a $100 million<br />
Africa Endowment Fund for<br />
social development and renewal.<br />
In a statement announcing<br />
the fund, Rabiu said that the<br />
Abdul Samad Rabiu Initiative<br />
Africa Fund Endowment will<br />
focus on education, health and<br />
social development sectors,<br />
starting with infrastructure<br />
and capacity development.<br />
He added that on an annual<br />
basis the Abdul Samad Rabiu<br />
Initiative will commit $50<br />
million to Nigeria and $50<br />
million to the rest of Africa.<br />
providers, and the awards<br />
have become a trusted standard<br />
of excellence for the global<br />
financial community.<br />
According to Joseph D. Giarraputo,<br />
publisher and editorial<br />
director of Global Finance,<br />
“this year’s evaluations<br />
are more important and valuable<br />
than at any point in their<br />
28-year history, given the unprecedented<br />
economic conditions<br />
wrought by the global<br />
pandemic.” In his words,<br />
“Banks are playing a key role<br />
in economic recovery around<br />
the world, and as such, our<br />
Best Bank awards highlight<br />
the leaders in restoring growth<br />
and mapping a way forward.”<br />
Commenting on the recognition,<br />
the Group Managing<br />
Director/Chief Executive of<br />
Zenith Bank, Mr, Ebenezer<br />
Onyeagwu said: “This award<br />
is a strong indication of our<br />
resilience despite a very excruciating<br />
macroeconomic environment<br />
exacerbated by the<br />
COVID 19 pandemic”.<br />
He added that the award<br />
was made possible by the joint<br />
contributions of the bank’s key<br />
stakeholders – the Group<br />
Chairman, Jim Ovia, for his<br />
pioneering and foundational<br />
role in building the structures<br />
and laying the foundation for<br />
an enduring and very successful<br />
institution, the Board for<br />
the deep insights and outstanding<br />
leadership they provide,<br />
the staff for their commitment,<br />
doggedness, creativity<br />
and very outstanding talents<br />
as well as the Bank’s teeming<br />
customers for their continued<br />
support and loyalty.<br />
Zenith Bank has remained<br />
a clear leader in the Nigerian<br />
financial services industry,<br />
distinguishing itself through<br />
unique customer experience<br />
and sound financial indices.<br />
2(3) of the National Human<br />
Rights Commission Act (as<br />
amended). The names of<br />
nominees to be confirmed as<br />
members of the National<br />
Human Rights Commission<br />
include the Regional Editor,<br />
North, Vanguard Media Limited,<br />
Mr. Soni Daniel ; Mrs.<br />
Beatrice Jedy-Agba; Amb.<br />
Umar Zainab Salisu; Mrs.<br />
Dafe T. Adesida; Joseph Onyemaechi<br />
Mmamel; Ahmad<br />
Abubakar Fingilla; Kemi Asiwaju-Okeyonda;<br />
Abubakar<br />
Muhammed; and Femi<br />
Okoeowo.<br />
Others are Barrister Agabaidu<br />
Chukwuemeka Jideani;<br />
Mrs. Nella Andem-Rabana,<br />
SAN; Azubuike Nwakwenta;<br />
Jamila Isah; Mrs. Idayat<br />
Omolara Hassan; and<br />
Prof. Anthony Ojukwu.<br />
Marginal fields: FG sets $500m<br />
target as buyers pay 50% of<br />
Signature bonus — Minister<br />
He said: “Over the years as<br />
a corporate, and through the<br />
BUA Foundation, we have<br />
been actively involved in corporate<br />
philanthropy in various<br />
sectors – from health, education,<br />
community development,<br />
water & sanitation,<br />
sports, and even more recently,<br />
our work on COVID-<br />
19.<br />
“However, with the Abdul<br />
Samad Rabiu Initiative and<br />
its annual $100million Africa<br />
Fund for Social Development,<br />
we are specifically extending<br />
this work to the Education,<br />
Health and Social Development<br />
sectors, starting with infrastructure<br />
and capacity development<br />
in these areas and<br />
supporting the efforts of various<br />
governments in Nigeria<br />
and Sub-Saharan Africa.<br />
“Our broad focus is equipping<br />
facilities, our researchers,<br />
healthcare practitioners and<br />
community-level service providers,<br />
with the aim of providing<br />
sustainable solutions for<br />
generations to come.<br />
“They say life begins at 50;<br />
what they never tell you is that<br />
a pandemic can change your<br />
life at 60. In that year 2020,<br />
when I turned 60, at least two<br />
million others turned into<br />
memories, taken by this<br />
deadly virus. I watched millions<br />
become numbers in a<br />
global death toll and ancestors<br />
in the world beyond."<br />
out and people have started<br />
paying their signature bonuses.<br />
We have received almost 50<br />
per cent of signature bonuses<br />
already. “161 companies were<br />
allocated marginal fields and<br />
I will not give you the details<br />
of how many have paid. I’ve<br />
told you that up to 50 per cent<br />
of those winners have paid.”<br />
On the transparency of the<br />
exercise, he said: “I think this<br />
is the best we could have gotten<br />
clearly. If you followed the<br />
processes, we published, people<br />
applied, companies were<br />
pre-qualified, companies went<br />
to the data room and of course,<br />
assessment of their bids was<br />
done by competent people.<br />
’There were consultants involved<br />
in the whole process<br />
and bidders emerged, and<br />
that’s all I can say."<br />
It was a very transparent<br />
process and I think a lot of people<br />
are also hailing the process.”<br />
On the rehabilitation of<br />
the nation’s refineries, he said:<br />
“I have already spoken about<br />
the refineries in a detailed interview.<br />
Last week Wednesday,<br />
the Federal Executive Council,<br />
FEC, approved comprehensive<br />
rehabilitation of Port Harcourt<br />
Refinery and that is going<br />
to start forthwith.<br />
‘’It was approved for the sum<br />
of $1.5 billion and we are going<br />
to also start the rehabilitation<br />
of Warri and Kaduna Refineries<br />
shortly.”<br />
Also commenting on petrol<br />
pricing, the minister who<br />
pointed that the government<br />
was not aware of any increase<br />
in the price of petrol, said: “Definitely,<br />
there is no fuel increment.<br />
The price remains N162<br />
per litre. We, are in discussion<br />
with labour and with other<br />
stakeholders, and until all<br />
those discussions are concluded,<br />
we are not going to fully<br />
deregulate. ‘’But we understand<br />
that some people, and that is<br />
criminal, are beginning to sell<br />
product for more than the approved<br />
price and the relevant<br />
agencies should ensure that<br />
those marketers are sanctioned.<br />
“You will recall that on<br />
my inauguration, the Ministry<br />
of Petroleum Resources was<br />
given mandate areas to<br />
achieve and we are very well<br />
on course."