News
Another Arbitration award Execution against FG Looms In UK
Report have indicated that the Federal Government cannot account for most of its properties situated in the United Kingdom and that the use to which some of these properties have been used in the past did not serve the purpose they were meant for.
Chief Godwin Obla, SAN, made this known in a report his Chambers OBLA & CO, sent to the Attorney General of the Federation and Minister of Justice, Abubakar Malami, and which was equally copied Ambassador George Adesola Oguntade, the High Commissioner of Nigeria to United Kingdom, called the attention of the federal Government to the great risk this nonchalant attitude pose to the country.
The Senior Advocate acting on behalf of his client who had dragged the federal government to the London Court of International Arbitration, LCIA, after an earlier arbitration to make the federal government compensate EURAFRIC Power limited over an alleged breached of contract failed.
According to the report, EURAFRIC power Ltd, enter into a Share sale Agreement, SSA, with the Bureau of Public Enterprise, BPE, and the Federal Ministry of Finance, both acting on behalf of federal government on the 21st February 2013 for the purchase of Sapele power Plc (owners of Sapele Power Station) at a purchase price of $201 million.
The report stated further that; According to Schedule 9 of the SSA, which includes list of material properties and core assets of the company which both clearly list ‘site land’ as one of its properties.
Chief Obla in his report stated that after the completion of all documentation and shortly after the handover was done, the FGN acting in concert with the Niger delta Power Holding Company, NDPHC, began arrangements to expropriate its client’s assets by severing a substantial portion EURAFRIC premises in favour of one Ogorode power generation Company.
The SAN maintained the failure of FGN and the BPE to honour the terms of the SSA after several meetings and representation, his client was constrained to invoke the Clause 15 of the SSA by commencing an arbitration against the Nigerian government in the London Court of International Arbitration, LCIA, which later awarded the following sums EURAFRIC.
US$ 2,500,000 (Two million, five hundred thousand US Dollars) as legal costs; 215,930.68 (Two hundred and fifteen thousand, nine hundred and thirty pounds, Sixty-eight pence) as advanced paid on costs; N57, 959,069.2 (Fifty seven million, nine hundred and fifty nine thousand, sixty nine naira, two kobo; 10,018.5 (Ten thousand, eight Pounds and fifty Pence) and US$ 11,158.33 (Eleven thousand, one hundred and fifty pounds and thirty-three Cents) as disbursements.
Sequel to this judgment and in seeking recognition of the award, a foreign counsel was mandated by EURAFRIC to locate properties of FGN in the UK, which with partnership with a third-party provided a summary of findings/report identifying at least thirty-three (33) FGN properties across the UK which are been put to various uses.
Obla in his report hinted that; “Having extensively reviewed the report submitted by the foreign counsel to its client, it was of the view that the use to which some of the properties have been put suggest that the FGN may not be aware of the existence of the properties, it is doubtful that the FGN would have sanctioned the various non-diplomatic activities carried on within their premises which could potentially serve as a source of embarrassment to the government,” the report stated.
The SAN posited that the FGN should avoid the embarrassing situation caused by the P&ID case, and that it will not augur well for potentially hostile interests to gain access to actionable information on FGN’s assets in the UK.
News
Super Eagles: Chelle Explains Decision to Invite New Players
Super Eagles head coach Éric Chelle has defended his decision to hand opportunities to several new players during the Unity Cup and the international friendly against Poland, saying the move is part of efforts to strengthen the national team.
According to DAILY POST, Chelle included eight home-based players in his squad for the Unity Cup invitational tournament as he continues to assess new talents capable of improving the team.
Players such as Femi Azeez, Owen Oseni, Arthur Okonkwo, and Rafiu Durosinmi all made their debut appearances during the competition.
Banik Ostrava defender Abdullahi Bewene also earned his first cap for the Super Eagles in the friendly against Poland, while Genk defender Christian Akpan received a late invitation for the upcoming friendly against Portugal.
Speaking to the Super Eagles media team, Chelle said the inclusion of fresh faces is aimed at raising the quality and competitiveness of the squad.
“We have analysed our game over the past year and have tried to bring in players who can help the team grow,” Chelle said.
“We need to improve because, for me and for everyone, it is often the smallest details that make the difference between being the best team and winning a trophy.”
The Malian tactician has continued to experiment with his squad since taking charge, with a focus on building a stronger and more competitive team ahead of future international competitions.
News
“I Left the Frying Pan for Hellfire” — Senatorial Aspirant Laments Exit from APC to NDC
Ehiozuwa Agbonayinwa, an aspirant for the Edo South Senatorial seat under the platform of the Nigeria Democratic Congress (NDC), has expressed deep frustration over his experience in the party, describing his defection from the All Progressives Congress (APC) to the NDC as “moving from the frying pan into hellfire.”
Speaking on Arise News’ News Day programme on Friday, the former member of the House of Representatives alleged that despite winning the party’s senatorial primary election, he is now being prevented from appearing on the ballot.
Agbonayinwa further accused the NDC’s national leader, Senator Seriake Dickson, of reneging on earlier encouragement for him to contest the Senate seat on the party’s platform. According to him, Dickson personally persuaded him to purchase the party’s expression of interest and nomination forms, only to later deny ever doing so.
“I have moved from the frying pan into hellfire,” Agbonayinwa said.
“After efforts to reach a consensus failed, we proceeded to a direct primary election. Party leaders brought all the aspirants together and encouraged us to step down for one another, but no agreement was reached.
“We went through a rigorous process. I understand the party is relatively new, but in all my years in both the APC and PDP, I have never witnessed this kind of situation. The primary election was held on May 29, and as of June 5, the results have still not been officially announced.”
The former lawmaker said he was particularly disappointed by the role allegedly played by Dickson, whom he described as a longtime friend and respected associate.
“Before joining the NDC, I reached out to Senator Seriake Dickson and later visited him at his residence. During our discussion, he asked why I could not pursue a Senate seat under the NDC platform.
“At the time, I was considering contesting for the House of Representatives, but after his suggestion, I told him I would consult with my political leaders. After doing so, I informed him of my decision and thanked him. To my surprise, the same person who encouraged me to obtain the nomination form has now claimed he never made such a recommendation,” he stated.
Agbonayinwa maintained that the handling of the primary election process has left him frustrated and disillusioned, raising concerns about transparency and internal democracy within the NDC.
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Some Nigerians Have Turned Insecurity Into a Commercial Venture — PDP Chieftain
A chieftain of the Peoples Democratic Party (PDP), Anthony Ehilebo, has expressed concern over the worsening security situation in Nigeria, alleging that some individuals now view insecurity as a profitable enterprise.
Speaking on News Central’s Politics HQ on Friday, Ehilebo said the failure of authorities to bring perpetrators of major terrorist attacks and kidnappings to justice has contributed to the continued spread of insecurity across the country.
He cited the abduction of schoolgirls in Borno State and the attack on students in Buni Yadi as examples of incidents in which those responsible have not been adequately held accountable.
“When Boko Haram kidnapped girls in Borno State, till today we have not found those responsible and held them to account. Buni Yadi happened and nobody was held to account, and it spread to other schools,” he said.
Ehilebo noted that insecurity in Nigeria has evolved into different dimensions, including terrorism driven by extremist ideology and criminal activities motivated by financial gain.
“There are multiple facets and there is one that is solely domiciled within terrorism and if you look at the literal translation of Boko Haram, it means western education is haram according to radical Islamic teachings,” he stated.
He also alleged that some people now engage in kidnapping and related crimes for economic reasons, citing a recent case involving a senior special assistant in a state government who was reportedly arrested for allegedly staging her own abduction in an attempt to obtain ransom from the government.
“It has now become an industry and a commercial venture for some and for some it has become literally a religious thinking process,” he said.
The PDP chieftain argued that the lack of consequences for criminal acts has encouraged the persistence of insecurity, stressing that stronger political will is required to address the challenge effectively.
“The bottom line that has kept this is the consequence, which is almost driven by political will,” he added.
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