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Buhari Mulls Sanction for Bankers, Others Aiding Corrupt Practices

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President Muhammadu Buhari
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President Muhammadu Buhari, has said that his administration will ensure effective asset declaration by public office holders and ensure sanctions by professional bodies against lawyers, bankers, brokers, public officials, and other individuals facilitating corrupt practices.

 

The president gave this assurance while speaking at the National Democracy Day Anti-Corruption Summit in Abuja on Tuesday.

 

Buhari said the government would also close existing legislative loopholes, facilitate collaboration with the judiciary, and strengthen the criminal justice system for effective fight against corruption in the country.

 

While ensuring comprehensive support and protection to whistleblowers, witnesses and victims of corruption, the president said his administration would adopt and formulate the policy of ‘naming and shaming’ all those who engage in corrupt practices.

 

He, however, maintained that the Federal Government would continue to encourage and honour transparent and honest citizens.

 

The president said the government would, “educate, mobilise and encourage Nigerians at the grassroots level to take ownership of the fight against corruption;

 

“Press for a crackdown on safe havens for corrupt assets, abolishing of bank secrecy jurisdictions and tax havens on the continent and beyond.’’

 

Buhari said that his administration would continue to insist on the unconditional return of looted assets kept abroad and further strengthening of international cooperation through information and mutual legal assistance.

 

He pledged that government would also continue to strengthen the capacity of the Economic and Financial Crimes Commission and other anti-corruption agencies by providing additional material, organisational and logistical support.

 

“Now, as this administration commences, we are taking stock of progress made so far in the war against corruption, assessing what needs to be done and devising new strategies to address existing challenges,’’ he said.

 

According to the president, his administration remains committed to the fulfillment of its promises to Nigerians which included security, economic improvement and fight against corruption.

 

The Guest Speaker at the event and former Director of Kenya’s Anti-Corruption Commission, Prof. Patrice Lumumba, lauded Nigeria’s strategies in fighting corruption, as he described the Nigeria’s EFCC as the best anti-corruption agency across the African continent.

 

He said: “In 2015, president Buhari said ‘if we don’t kill corruption in this country, corruption will kill Nigeria’ and I can’t agree with him more; and it is not only true about Nigeria but true about Africa.

 

“Almost every country in Africa has an agency that is charged with the fight against corruption but the EFCC stands out as the best in the continent because they have demonstrated by wide and deep that corruption can be tackled without sacred cows.

 

“We have seen that they have recovered monies from individuals who in other countries they are seen as sacred cows and are untouchable.’’

 

Earlier in his remarks, Acting Chairman of the EFCC, Ibrahim Magu, narrated the achievements of the commission in the last four years.

 

According to him, the commission has achieved a lot in the fight against corruption, saying that the commission has so far secured 1,207 convictions.

 

“The convictions secured by the commission since the beginning of this administration reflects a positive progression.

 

“In 2015, we secured 103 convictions; in 2016 we secured 194; in 2017 we secured 189; in 2018 it was 312 convictions and from January 2019 to date, we have 406 convictions.

 

“Despite these records, corruption remains a challenge in our country. I believe that the fight against corruption requires a deeper stakeholder approach. The private and public sectors are critical players in this regard,” he said.

 

While thanking President Buhari for support and non-interference to the affairs of the commission, Magu also commended some state governments for establishing institutional mechanisms to fight corruption.

 

The one-day summit later went into a plenary session, where papers were presented by renowned stakeholders and scholars on how to curb electoral violence and embezzlement of public funds.

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Ajisebutu, 21st Century Tech Boss Visits House of Reps Speaker, Seeks Support for ICT Sector

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l-r: Femi Gbajabiamila, Speaker of House of Representatives and Wale Ajisebutu, vice chairman/CEO, 21st Century Technologies limited when the latter paid him a visit in Abuja recently.
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Wale Ajisebutu, vice chairman/CEO, 21st Century Technologies limited, has solicited the support of the House of Representatives in creating an enabling environment for accelerated, cost effective infrastructure to increase Nigerian’s access to ICT.

 

Ajisebutu who made the call when he visited Femi Gbajabiamila, the new Speaker of House of Representatives, said that ICT as an enabler for sustainable development.

 

He congratulated Gbajabiamila on his election as the Speaker of the House of Representatives, saying that he deserved to lead the House.

 

“ I have no doubt in your ability to lead, your election is a testament to your faith, leadership qualities but also the strength of your character, and relations capacity, I pray God to guide you.

 

Gbajabiamila, also assured the 21st Century Technologies boss of the House of Representatives willingness to work with ICT sector to ensure the speedy development of the country.

 

Ajisebutu is a tireless advocate and champion in the ICT sector who has built one of Nigeria’s largest information technology hubs and has chosen to keep quiet about it.

 

His company, 21st Century Technologies Limited (21CTL) is today fully mobilized and well positioned converged multi-service provider with arms and legs in telecommunications; software; online marketplace; ICT training and so on.

 

His company 21CTL was founded and registered in 1997 and began operations in 1999, all in the 20th Century; a testament to Ajisebutu’s vision of better tomorrow for his dear country-Nigeria.

 

A chattered accountant by profession, Ajisebutu understands the economics of business management so well that it is almost second nature. He is a perfectionist who believes that every Nigerian deserves nothing but the best quality of service.

 

 

 

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World Bank Selects FUTO as Centre for Future Energies, Electro-chemical System

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The World Bank has selected the Federal University of Technology, Owerri as Africa centre of excellence in Future Energies and Electro-Chemical System, otherwise called ACE-FUELS.

It was gathered that ACE-FUELS would facilitate the university to run an international Masters Degree programmes in Electro-Chemical Technology, Future Energies, Nanotechnology and Corrosion Technology.

Speaking at a media parley on Wednesday, organized by the university to mark the Vice Chancellor’s three years in office, the VC, Professor Francis Eze stated that the university management had concluded plans to gather wastes for the production of energy.

He further advised Nigerian institutions to embrace the new technology, adding that it was the current global practice.

The VC said, “As we have continued to improve on the aesthetics of the campus environment through the maintenance of green lawns, proper waste disposal and management are also billed to be converted into energy. This is the current trend in most of the civilized world and we are emulating it. It would be of immeasurable help in power generation”.

He stated FUTO was established as a specialized university to impart practical knowledge and requisite skills needed to fast-track the technological development in the country.

Eze however, revealed that it was to deepen and expand  research activities and innovation that his administration created the office of the Deputy Vice Chancellor, Research, Development  and Innovation

The VC did not omit to state that his three years in office had been a mixture of accomplishment and challenges.

He listed encroachment on FUTO land, hostile and uncooperative attitude of host communities, lack of staff quarters, inadequate power supply, ill-equipped library and laboratory facilities, poor road networks and inadequate hostel accommodation among others as some of the challenges faced by the university.

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Facebook to Leverage Deep Tech with Campus Roadshow

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Facebook has embarked on a University roadshow offering students the opportunity to share their ideas and learn more about technology.

As part of its continuation of its 2018 FbStart programme, the roadshow is aimed at educating and attracting students to build solutions that utilise advanced technologies to solve problems and build solutions for the future, using Artificial Intelligence, Data Science, Internet of Things, Augmented Reality (AR) and Virtual Reality (VR).

Joining the tour will be Facebook’s Developer Circle leads and Accelerator programme alumni from last year who will be providing mentorship to would-be developers, talking about the kind of workshops they run, sharing their success stories and experience from the programme, as well as the impact of Facebook Developer Circles in their communities.

The tour will feature pitch sessions for students and startups that have ideas and would like to the apply to the programme, giving them an opportunity to receive feedback from would-be mentors. The tour has already visited University of Lagos (Unilag), Obafemi Awolowo University (OAU), University of Port Harcourt (Uniport), University of Nigeria Nsukka (UNN) and Bayero University Kano (BUK), with additional stops to go, including University of Jos (Unijos) on Friday, June 21.

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