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UN Sees Jonathan, Buhari Contest as ‘Grave Test’
Mr. Ban Ki-Moon, secretary general of United Nations (UN), has expressed profound concern about the forthcoming Nigerian election, calling the presidential polls between President Goodluck Jonathan and Gen. Muhammadu Buhari (rtd), former head of State, a “grave test.”
And as the two contenders intensify their political campaigns across the country, international attention on the fate of the nation is rising even as the United Nations Security Council received a briefing on next month’s polls.
Ki-Moon, in chat with reporters at the UN Headquarters in New York, said: “We face another grave test as Nigeria readies for its election next month”
This is coming as Mohamed Ibn Chambas, his special representative in West Africa, also explained to the Security Council that the Nigerian general election is taking place in “an increasingly tense pre-electoral environment.”
Both Ki-Moon and Chambas link their worries mainly on the unrelenting Boko Haram insurgency in the Northeastern part of Nigeria.
“Boko Haram has continued its violence, killing Christians and Muslims, kidnapping even more women and children, and destroying churches and mosques. Mayhem has spread across the region, and is now having a direct impact on Cameroun and other countries,” Ki-Moon lamented.
He then urged the terrorists to cease their assault against the nation and the region, calling for the unconditional and immediate release of the Chibok girls abducted in April last year, insisting that the international community will not tolerate impunity, although he did not layout any new means of enforcing that.
“I urge Boko Haram’s leaders to end the destruction of so many lives and communities, and immediately and unconditionally release the kidnapped school girls and boys and all others. The international community cannot let human rights abuses continue with impunity. This is my personal appeal, as a father and grandfather. And as Secretary-General of the United Nations, I will continue to actively explore with member states what more can be done,” he added.
On the same day at another function at the UN the Security Council, which is the body’s highest organ, was also being briefed ahead of next month’s polls by a top official representing the Secretary-General at the Council meeting.
According to the official Ibn Chambas: “About a month from now, Nigerians will go to the polls for the presidential and legislative elections. The general election is taking place against a backdrop of violent insurgency by Boko Haram in the North-east and sectarian conflicts in the North Central and the North West as well as an increasingly tense pre-electoral environment.”
He specifically told the Council, which has Nigeria as a current non-permanent member, that the conduct of polls throughout the states of Borno, Yobe and Adamawa where the insurgency is very active “will present a formidable challenge.”
“The risk of pre-and post-electoral violence requires the international community to engage further with Nigeria, to address its ongoing challenges and to support the holding of credible and peaceful elections throughout the country”, Chambas said.
It is considered rather unusual in the UN diplomatic community here in New York, that a country which is a member of the Council is also now a security concern and subject to the Council.
Chambas continued that the West African region remains vulnerable to insecurity and terrorist threats. He restated the now well-known fact that civilian populations in the three northeastern states of Adamawa, Borno and Yobe have over the past six months “been subjected to intense attacks and systematic human rights violations, including razing civilian settlements, kidnappings, suicide bombings, assassinations,” among others.
He disclosed that the death toll of this vicious violence, most of which has been attributed to Boko Haram, “is staggering, and counter-insurgency measures have failed to provide adequate protection of civilians.”
Regarding the Chibok girls, Chambas told the Security Council that since the abduction of over 200 of those schoolgirls from Chibok (Borno State) the international community has been supporting the Nigerian government’s efforts to address the problem.
He disclosed that the UN Counter-Terrorism Implementation Task Force will hold the first in a series of workshops for law enforcement officials on human rights, the rule of law and prevention of terrorism during the third week ofthis month.
Chambas also reported that in his capacity as the Secretary-General’s High Level Representative to Nigeria, he visited the country in November and December to consult with high level government officials and other stakeholders “with a view to building consensus to face the threat of Boko Haram and to assess the potential of electoral-related violence.”
While the Boko Haram insurgency is deeply rooted in Nigeria, it is increasingly spilling across the borders into Cameroun, Niger and Chad, he observed.
He said more than 300,000 Nigerians have sought refuge in northwestern
Cameroun and southwestern Niger, adding pressure on the local economies in those countries and destabilizing the internal security.
Chambas, who is also the Chairman of the Nigeria-Cameroun Mixed Commission on the issue of Bakassi, said the “insecurity in the Northeast of Nigeria has also seriously impeded the activities of the Cameroun-Nigeria Mixed Commission, in particular, its critical field assessments.”
Federal Government on Thursday announced a nine-month programme beginning on October 31 that allows individuals to deposit dollar bills held outside the formal banking system without scrutiny.
Wale Edun
It said the new initiative aims to address the rising costs of commodities influenced by the foreign exchange rate, driven by demand and supply dynamics.
Wale Edun, finance minister and coordinating minister of the Economy, revealed this after the 144th meeting of the National Economic Council, the country’s highest economic advisory body, chaired by Vice President Kashim Shettima at the State House, Abuja.
“There will be no penalty; there will be no taxes, and there will be no questions,” he told journalists at a briefing after Thursday’s conclave.
Edun said that, under this programme, individuals can bring in U.S. dollars in cash without facing penalties, taxes, or scrutiny, provided that the funds are not linked to criminal or illicit activities.
Participants will only need to meet the standard Know-Your-Customer requirements set by banks to secure these funds, integrate them into the financial system, and make them accessible for legitimate economic activities.
He explained, “One element of the cost increase is the foreign exchange rate, which is demand and supply. There will be a programme starting today, October 31, and lasting nine months that will allow people to bring in cash outside the banking system.
“[Such cash] is unsafe, insecure and outside legal limits. They will be allowed forbearance to bring dollars cash. Let me emphasise once again: it is to bring dollars that they are holding outside the system to get them in and credit it to their bank accounts, as long as it is not proceeds of crime or illicit money.
“They should just meet the standard Know-Your-Customer criteria of banks and have an opportunity to bring in those funds, making them safe, secure, and available through regular economic activity.
Edun said his ministry will first issue guidelines for the programme, followed promptly by additional guidelines from the Central Bank.
According to the Minister, this measure offers law-abiding individuals a way to formalise their cash holdings. It also provides the financial system with additional dollar reserves, which may help to stabilise the exchange rate.
“This is an opportunity, not just for people who would normally like to comply, to be compliant with the laws and normal business practice, but of course, it allows us to bring those dollars from where they are doing nothing to where they are within the financial system, they add to our reserves, and of course can help with the exchange rate,” he added.
Edun equally gave an update on government economic relief measures, saying 25 million Nigerians have benefitted from federal social protection initiatives, including digital outreach, microenterprise loans, and sector-specific support for power, agriculture, manufacturing, health, and compressed natural gas initiatives.
Wema Bank has announced the launch of the Wema Export Trade Academy, a comprehensive training programme designed to equip Nigerian Small and Medium Enterprises (SMEs) with the essential skills and tools needed to succeed in the competitive landscape of global trade.
Moruf Oseni, the Managing Director and Chief Executive Officer of the bank, this initiative represents Wema Bank’s commitment to enhancing the capacity of Nigerian businesses, supporting their ambitions to thrive on an international scale.
Oseni said the Wema Export Trade Academy is designed as a solution to these challenges faced by Nigerian SMEs when entering international markets.
The Academy is specifically structured to address each critical aspect of global trade, providing SMEs with targeted guidance on compliance, documentation, financial planning, and risk management.
Through the Wema Export Trade Academy, SMEs will benefit from expert-led sessions, mentorship from industry professionals, and practical insights into international business practices, positioning them to make significant contributions within global markets.
The programme also places emphasis on building a network of Nigerian exporters, encouraging peer support and collaboration, while fostering connections between businesses and international trade facilitators.
Oseni said: “This holistic approach to export training will enhance efficiency and productivity, empowering Nigerian businesses to become competitive players in the global economy.
“The Wema Export Trade Academy reinforces Wema Bank’s dedication to building the capacity of Nigerian businesses and supporting their evolution into formidable global competitors.
“By addressing the barriers in export trade, we are enabling Nigerian SMEs to seize new opportunities in international markets, which aligns with our vision to empower lives and support sustainable business growth.
“The Wema Export Trade Academy embodies Wema Bank’s pioneering spirit and commitment to providing SMEs with practical, impactful solutions.
“With comprehensive training on export processes and access to strategic financial products, the program stands as a testament to Wema Bank’s role as an enabler of growth for Nigerian enterprises.
“Wema Bank continues to set the standard for innovation within Nigeria’s financial services industry, supporting individuals and businesses across various sectors to achieve sustainable growth.
“The Wema Export Trade Academy represents the latest stride in Wema Bank’s mission to empower Nigerian SMEs, further strengthening its reputation.”
MTN Foundation is set to celebrate a milestone—its 20th Anniversary—with a series of events designed to reflect on its contributions to communities across Nigeria.
The anniversary conference will take place on November 6, 2024, in Abuja, while the celebratory dinner is scheduled for November 14, 2024, in Lagos.
These events will bring together key stakeholders from both the public and private sectors, highlighting the Foundation’s commitment to sustainable development and community engagement.
Since its inception in 2004, the Foundation has been at the forefront of corporate social responsibility (CSR) initiatives in Nigeria. It was one of the first corporate entities in the country to establish a dedicated foundation for managing CSR activities.
The Foundation was officially commissioned in May 2005, with MTN Nigeria Communications PLC pledging to allocate up to 1% of its Profit After Tax (PAT) for funding various projects aimed at improving lives across the nation.
Over the past two decades, the Foundation has invested over NGN 24.73 billion into impactful projects that span all 36 states and the Federal Capital Territory (FCT). With more than 1,023 project sites across Nigeria, the Foundation has successfully executed 50 unique projects, reaching over 31 million people.
These initiatives have addressed critical areas such as education, health, youth empowerment, and arts and culture, making a significant difference in the lives of countless Nigerians.
As part of this celebration, the Foundation will unveil its new logo along with refreshed mission and vision statements.
This rebranding effort symbolizes a renewed commitment to its core values and goals as it looks toward the future.
Odunayo Sanya, Executive Director of MTN Foundation, expressed her enthusiasm for the upcoming celebrations and reflected on the journey thus far.
“This anniversary is both a celebration of our impact in Nigeria and a commitment to do more,” Sanya stated.
“We have always believed in the power of collaboration and community engagement to drive meaningful change.
“As we gather to reflect on our journey, we look forward to engaging with our partners and stakeholders to explore new avenues for sustainable development.”
The upcoming anniversary events aim to foster dialogue among leaders from various sectors, encouraging collaboration that can lead to innovative solutions for pressing societal challenges.
The conference will feature keynote speakers and panel discussions around national development and youth empowerment, as well as interactive sessions designed to inspire participants and share best practices in CSR and community development.
In addition to its focus areas, the Foundation has been instrumental in promoting digital literacy among Nigerian youth through various educational programs. By leveraging technology as a tool for empowerment, the Foundation has equipped thousands of young people with skills necessary for success in an increasingly digital world.
The anniversary conference and dinner are expected to be engaging experiences that will not only celebrate two decades of impact but also set the stage for future initiatives aimed at fostering community growth and resilience.
By bringing together diverse stakeholders, MTN Foundation hopes to ignite conversations that lead to actionable strategies for addressing Nigeria’s most pressing challenges.
The upcoming anniversary events promise to be an inspiring celebration of progress made while looking forward to new horizons in community development.
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