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13 new governors borrowed N226.8bn in six months – DMO

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In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers.

This emerged as findings by Sunday PUNCH showed that 16 state governors also increased the debt profile of their states by N509.3bn with domestic and external debt of N243.95bn and $298.5m (N265.37bn), respectively.

The external debt was calculated based on the exchange rate of N889/$ used by the Debt Management Office in its report.

This is according to an analysis of the latest sub-national debt reports released by the DMO.

The sub-national debts are classified into domestic borrowings from local creditors and external borrowings from international creditors like the World Bank and the International Monetary Fund.

The domestic and external debts published on the DMO’s website were as of December 30 and June 30, 2023, respectively.

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The states, which include Benue, Cross Rivers, Katsina, Niger, Plateau, Rivers, Zamfara, and the Federal Capital Territory, got N115.57bn from domestic creditors, while governors of Ebonyi, Kaduna, Kano, Niger, Plateau, Sokoto, Taraba and Zamfara states borrowed $125.1m (N111.24bn) from external sources.

For the sub-nationals, a further breakdown of the data showed that Cross Rivers Governor, Bassey Otu, took the highest loan, with N16.2bn from domestic and $57.95m from foreign creditors between June and December 2023.

Katsina State followed with the debt surging by N36.93bn from N62.37bn to N99.3bn by December 2023.

Third on the list is Niger State, with a domestic debt of N17.85bn, surging from N121.95bn in June 2023 to N139.8bn by December of the same year.

Plateau got N16.32bn; Rivers borrowed N7.07bn; Zamfara, N14.26bn; and the FCT under the leadership of Nyesom Wike borrowed N6.75bn from domestic creditors.

For foreign debt, Governor Francis Nwifuru of Ebonyi State accumulated external debt of $37.54m, while Governor Uba Sani of Kaduna State borrowed $17.69m from external financiers.

Similarly, the governors of Kano borrowed $6.6m; Niger, $1.27m; Plateau, $831,008; Sokoto, $499,472; Taraba, $1.51m; and Zamfara, $655,563, from external sources.

Despite declarations by the administration of President Bola Tinubu that it would not continue with the massive borrowings of the previous government to fund its expenditures, the latest developments show that the new government is sticking to the controversial policy amidst increased revenue.

In 2023, state governors got the most Federal Account Allocation Committee allocations in at least seven years. The rise in FAAC allocations to the three tiers of government, especially the states, followed the removal of subsidy on petrol and currency reforms by the Tinubu administration. The reforms have reportedly led to a 40 per cent boost in income.

An analysis of the 2023 FAAC monthly allocations revealed that the sub-national and local government councils got the highest allocation of N627.73bn in September, followed by N610.5bn in December, N555.75bn in August, N533bn in November, N514bn in July and N497.97bn in October.

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IPoB reshuffles leadership as Nnamdi Kanu dissolves DoS

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The Indigenous People of Biafra, IPoB, has announced a major restructuring of its leadership hierarchy, with its leader, Nnamdi Kanu, dissolving the third administration of the group’s Directorate of State, DoS, and inaugurating a new leadership team.

In a statement issued Wednesday from Langerfeld, Germany, IPoB said Kanu approved the dissolution of the outgoing administration and appointed United States-based Mazi Chris Nwaogu as the new Head of the Directorate of State.

According to the statement, Nwaogu is to assume immediate responsibility for the administration, coordination, and day-to-day management of the organisation’s affairs under Kanu’s authority.

The group explained that the Directorate of State, established in 2012, serves as the administrative arm of IPOB.

Previous heads of the body were Dr Justin Akujieze, Mazi Uchenna Asiegbu, and Chika Edoziem, who led the third administration from 2017.

IPOB said the decision followed what it described as a review of the performance of the outgoing leadership during a critical period in the movement’s history.

The statement cited concerns over the welfare of detained members, internal disagreements, organisational cohesion, communication challenges, and the need for renewed strategic direction as factors behind the leadership change.

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“The dissolution of the third administration is ultimately not an act of vengeance but an act of organisational renewal,” the statement said.

The group maintained that the new leadership has been mandated to rebuild confidence within the organisation, strengthen internal unity, improve communication structures, and focus on the welfare of members.

As part of the reorganisation, IPOB announced the establishment of an Elders Advisory Council, which it said would function as a strategic advisory body between the group’s leader and the Directorate of State.

The newly constituted Directorate includes Mazi Solomon Egbo as Deputy Head of DOS; Nwada Ogwu Nnennaya Anya I. as Head of Finance and Budget Planning; Mazi Chigozie Okekenta as Coordinator of Coordinators; Dr. Chukwudi Nwogwugwu as Head of Medical and Welfare Planning; and Barrister Ikechukwu Onuoha as Head of Media.

IPOB also retained Comrade Emma Powerful as Spokesperson and Media and Publicity Secretary, while naming representatives for Africa, Europe, North America, Asia, and the Middle East.

In addition, the organisation announced several national appointments, including coordinators for Germany, Italy, and Switzerland.

The statement further directed all IPOB officers, coordinators, and unit heads worldwide to establish contact with the group’s headquarters in Germany for further directives.

IPOB also announced the reinstatement of previously suspended or expelled officers, stating that affected individuals had been reintegrated into the organisation pending further administrative review.The group urged members and supporters to remain united and committed as the new administration assumes office.“The day-to-day affairs of the Indigenous People of Biafra shall henceforth be piloted by Mazi Chris Nwaogu and his team in accordance with the directives and vision of Onyendu Mazi Nnamdi Kanu,” the statement added.

The leadership changes come amid ongoing efforts by the pro -Biafra group to re-organise its structures and activities both within Nigeria and across its international chapters.

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26-year-old Lawyer dies while celebrating Ghana’s World Cup victory over Panama

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A 26-year-old lawyer, Sara Araba Tettey, has tragically died while celebrating Ghana’s World Cup victory over Panama.

Tettey, a newly qualified lawyer and alumna of the Faculty of Law at Kwame Nkrumah University of Science and Technology (KNUST), was among millions of Ghanaians rejoicing over the Black Stars’ triumph when tragedy struck.

According to reports, she suffered a cardiac arrest while watching the match with friends at Standard Hostel, a private student hostel located at Bomso near the KNUST campus in Kumasi.

Witnesses immediately rushed her to the KNUST Hospital, where medical personnel reportedly spent about 45 minutes administering Cardiopulmonary Resuscitation (CPR) in a desperate attempt to save her life. Sadly, all efforts proved unsuccessful, and she was pronounced dead.
Tettey had only recently been called to the Ghana Bar, making her sudden death even more heartbreaking for family, friends, colleagues, and members of the legal community.

News of her passing has spread rapidly across the country, casting a shadow over what had been a moment of national celebration. While Ghanaians continue to celebrate the Black Stars’ victory, many are also mourning the loss of a promising young professional whose life was cut short.

The tragic incident has once again highlighted the importance of emergency preparedness and rapid medical response during large public and social events.

What should have been a day remembered solely for Ghana’s sporting success has instead become a day marked by both celebration and sorrow.

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Shocking! Vandals excavate, steal 3km of Port Harcourt–Kaduna Pipeline after spending months in South-East forest

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A petroleum product pipeline
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A major national security and economic sabotage has unfolded in Nigeria’s South-East as suspected pipeline vandals have excavated and removed more than three kilometres of a strategic high-pressure petroleum pipeline.

The pipeline transports refined petroleum products from Port Harcourt, Rivers State, to Kaduna in Northern Nigeria.

An investigation revealed that the large-scale vandalisation occurred in remote forests straddling Eha-Amufu in Isi-Uzo Local Government Area of Enugu State and Obeagu Community in Ishielu Local Government Area of Ebonyi State, raising serious questions about security oversight and the protection of critical national infrastructure.

The affected pipeline forms part of Nigeria’s vital petroleum distribution network, conveying petroleum products from the Port Harcourt refinery corridor through several states to northern parts of the country.

During a visit to the scene, SaharaReporters observed extensive excavation trenches stretching across difficult terrain, with evidence suggesting that the operation was carried out over an extended period rather than as a hit-and-run criminal activity.

The scale of the operation indicates a highly organised network involving specialised equipment, logistics support and detailed knowledge of the pipeline route.

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Reaching the vandalised section underscored the remoteness of the operation. It took the media over three hours and twenty minutes to reach the area by motorcycle.

At one point, the journey became impossible by road, forcing our crew and the commercial motorcyclist conveying them to abandon the motorcycle and trek more than two kilometres through a dense forest before arriving at the site.

At the scene, large sections of the pipeline had already been excavated and removed, leaving behind deep trenches and signs of heavy mechanical activity.

Residents of both Eha-Amufu and Obeagu communities alleged that the operation was masterminded by a businessman in Ebonyi State, whose identity could not be ascertained at the time of filing this report.

According to multiple sources familiar with the operation, the suspect allegedly mobilised dozens of workers from Abakaliki area of Ebonyi State and established a makeshift camp inside the forest for weeks or even months, while the excavation progressed.

One source told SaharaReporters: “I don’t know his real name. He came with more than 50 able-bodied men from Izzi. They spent over two months inside the bush excavating the pipeline.”

The source added that after exposing the buried infrastructure, the group deployed specialised cutting equipment to slice the pipes into transportable sections before evacuating them in trucks.

“They dug up the pipeline, cut it into pieces using heavy machinery and loaded the materials onto trucks. They lived in the forest throughout the operation. They evacuated the pipes in the dead of the night with assistance of corrupt elements in the security,” the resident said.

Residents expressed shock that such a large-scale operation could have continued for months without attracting decisive intervention from authorities.

Several sources alleged that multiple security agencies operating in the area were aware of the activities of the criminals. (SaharaReporters)

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