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StarLink and Nigeria’s telcos competition

By Ibrahym El-Caleel

StarLink is a distant competitor to our telcos. The product price edges it out of immediate competition with MTN, Airtel and co. However, it is good that it is already here. In fact it will definitely gain a fair share from some businesses who have been looking for an alternative to the existing telcos.

Setting up StarLink costs more than N400,000. Personally I think it will be a better buy for businesses who spend about 60-75% of this amount for internet access. They will be bidding farewell to the periodic disappointments we experience from the contemporary telcos.

Market is dynamic. As StarLink takes some time in Nigeria, it will be ambitious about increasing its market share. It will be innovative about coming up with something that will be relatively affordable for the teeming internet subscribers. This is when the true competition will begin. For now, the penetration will be low because at the moment a lot of Nigerians are quite very rich. The consumer conversion will be minimal.

MTN began in Nigeria with N1,500 airtime card only. And it expires in 7 days. If you don’t use the airtime after 7 days, you have to buy another one. This was the case c.2001. Fast forward to 2021, you can have a N100 airtime and keep it for one year if you so wish. StarLink might have to develop something cheaper to get more subscribers onboard. If your things are expensive, you can sell it and make money in Nigeria. If they are affordable to many, you make quicker turnover, bigger sales, (arguably) more profit. This is Nigerian market.

Dangote Group, China company sign to build cement plant in Ogun

By Aisar Fagge

The Dangote Industries Limited (DIL) alongside China Sinoma International Engineering (CSIE) have signed an agreement to build a six million tons per annum cement plant in Itori of Ogun state.

Alh. Aliko Dangote, the Chairman of Dangote Cement Plc, made this disclosure during the signing ceremony.

Dangote stated that he signed the agreement alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin.

While China Sinoma Engineering, on the other hand, was represented by its Group President, Yin Zhisong, and the company’s chairman, Liu Renyue.

Dangote said that the new integrated cement plant at completion would strengthen the local production capacity of Dangote Cement and bring its local capacity to 41.25 million tons per annum and total African capacity to 57.6 million tons per annum.

He further stated that the Nigeria’s capacity to export cement would also be increased, the development that would enable more diversification and foreign exchange inflows for the economy.

He also noted that the project would further develop the domestic economy through creation of thousands of indirect and direct jobs and drive economic development in the Itori axis.

Aso Villa cabals sabotage APC

By Aliyu Nuhu

From what governor Nasiru El-Rufai said, the currency redesigning and fuel scarcity are the handiwork of the cabal in Aso Villa to ruin the electoral chances of the APC candidate, Asiwaju Bola Ahmad Tinubu. The president’s wife validated the claims by endorsing El-Rufai’s views.

Now it makes a lot of sense to me. No sitting government with victory in mind will introduce such harsh policies that shut down the economy few days to election. Northerners will go into the polls with anger and no one will vote for APC. I don’t think there is anywhere, except Borno and Yobe the president can go without being pelted with stones. Let him try it.

I have reviewed the policy again and again and could not see the economic sense in it. Withdrawing cash from circulation in a cash economy is a recipe for disaster. CBN has effectively shut down the informal sector of the economy. The North is 95% cash economy. Everything is at a standstill.

I wholly agree with El-Rufai. Emiefele is acting a script to undermine Tinubu. His policies are for political reasons after all he has never hidden his partisanship by attempting to contest in the election. The cabal surrounding the president wanted the vice president to succeed his principal and it didn’t work because no one could defeat Tinubu in the primaries. I was wondering why Osinbajo contested when it was obvious that Tinubu could not be beaten. Now I understand. It was the cabal that gave him the false hope of winning. Today, due to apathy, Osibanjo is not even attending Tinubu’s campaigns.

Unfortunately the opposition politicians are not cashing on the crisis to make political fortunes out of it. Only Kwankwaso knows how to exploit such situation. This is the time to push Nigerians against APC. But they appear docile as if they don’t know the art of political brinkmanship.

As for Tinubu he is not doing the right thing. This is the time for damage control for his electoral benefits. He should distance himself from the new currency policy and promise to reverse it. He should be beyond any fear by now. Buhari can’t do him anything. The president is now a political nonentity. Without Kano and other parts of the North, Buhari is nothing. As long as the governors are with Tinubu he has nothing to fear.

As for Buhari, just forget about him. He has never been in charge of the government. He is just a figure head. If he were the candidate in this election will he allow this kind of crisis?

Stop incessant falling of tankers and containers on Lagos roads – MURIC

  • News Desk

The Lagos State Chapter of the Muslim Rights Concern (MURIC) has bemoaned the death of seven innocent passengers who fell victim to a 20ft container which fell on a commercial minibus at Ojuelegba, Lagos on Sunday, January 29, 2023. The group urged the Lagos State Government (LASG) to formulate a sustainable and enforceable policy that will regulate the operation and movement of tankers and heavy-duty lorries on major roads.

The statement was signed by the chairman of the Lagos Chapter of MURIC, Dr Busari Muhammad Jamiu.

He said: On Sunday, 29th January 2023, a tragedy occurred in Lagos where seven (7) innocent lives were lost. According to the report, a  truck conveying a 20ft container fell on a commercial minibus at Ojuelegba and killed the occupants.

“We are sad that innocent lives are taken by heavy-duty lorries and fuel-laden tankers unabatedly on Lagos roads. The Ojuelegba incident, which happened two days ago, was not the first as Lagosians do witness myriads of tanker explosions and the falling of containers on innocent road users. We are asking the LASG when such calamities would be curtailed.

“It will be recalled that barely two weeks ago, one life was lost when a  diesel-laden tanker fell on a stationary towing van at Otto Wharf, along Apapa – Oshodi Expressway, Mile 2, in Lagos. This incident is just another example of innumerable calamities that Lagosians have experienced.  Are we safe again as road users? What are the authorities doing in curbing and averting the re-occurrence of these avoidable man-made tragedies?

To this end, MURIC urges LASG to formulate a sustainable policy that will regulate the operation and movement of tankers and heavy-duty lorries on our major roads. The enforcement of such policies has become overdue if they already exist.  

“This could be done in conjunction with all relevant authorities such as the Federal Road Safety Commission (FRSC), the Police, Lagos State Ministries of Transportation and  Justice, as well as the tankers’ owners and drivers associations.

“There must be a framework on how, where and when these trucks and lorries are loaded,  parked and moved around in Lagos to avert incessant loss of lives and properties of Lagosians. It is believed that a stitch in time saves nine. Therefore, LASG must not wait until such tragedy is recorded again before taking a proactive step. The time to act is now!”

Emeritus Professor I.H Umar passes on

By Kabiru Isma’il

The renowned Nigerian Professor of Physics, Ibrahim Khalil Umar, aka I.H. Umar, died a few hours ago today.

I.H Umar was a Nigerian scientist of repute, and he had once been a University administrator. Wikipedia sources described that he was a Vice Chancellor of Bayero University, Kano, Nigeria, from 1979 to 1986. He held a B.Sc. in Physics and Mathematics from Ahmadu Bello University, Zaria, Nigeria, an M.Sc. in Physics from Northern Illinois University, USA and a PhD in Physics at the University of East Anglia, United Kingdom. In 1976 he became the first Nigerian academic in Physics to teach at Bayero University, Kano. In 1978 he served on the national constitutional assembly that drafted the Constitution of the 2nd Republic.

Between 1994 and 1997, the late I.H. Umar served as a Sole Administrator of the Federal University of Technology, Minna.

He also represented Nigeria at the Executive Assembly of the World Energy Council in 1990. He was a member of the Nigerian delegation to the International Atomic Energy Agency (IAEA) General Conference from 1989 and was appointed Director-General of the Energy Commission of Nigeria in 1989. He served as Chairman of the Board of Governors of the IAEA from 2000-2001. In 2004 he was the Director of the Centre for Energy Research and Training, where the first Nigerian research nuclear reactor is located.

In 2007, he was on the international advisory committee for the international workshop on Renewable Energy for Sustainable Development in Africa, held at the University of Nigeria, Nsukka in Nigeria.

I.H Umar was among the first five Professors in Nigeria to attain the Chair of an Emeritus Professorship from Bayero University, Kano, Nigeria.

May the Almighty Allah have mercy on him, amin.

2023 elections: CDD trains journalists, media influencers on combating fake news

By Aisar Fagge

As part of the preventive measures, the Center for Democratic and Development (CDD) trained journalists and social media influencers on how to combat fake news ahead of the 2023 general elections.

The training Wednesday in Lagos was in collaboration with the National Endowment for Democracy (NED), a nonprofit organisation based in the United States of America.

Participants of the workshop, who are mostly journalists, influencers, media experts and members of Civil Society Organizations (CSOs), were drawn from different parts of the country in order to have a wider impact on the objective of the event.

The CDD Director, Idayat Hassan, stated that the participants were trained with vital skills on how to identify and prevent the propagation of fake, misleading and incendiary reports sent to them to share on their channels, handles and timelines.

The participants were also cautioned on the dangers of fake news and the implications of misinformation, and how the duo can terrorise the peace in Nigeria.

It was gathered that the training was given on how to use tools forensically, such as Geolocate, Google image search and Tineye, to detect fake videos, tweets, pictures and news.

Politicians use social media to spread fake news

The director also decried the way some politicians avoid media gatekeeping and use social media to spread fake narratives to the public, thus necessitating measures to address the issue.

She further said, “While the phenomenon of political players intentionally disseminating false information is well-known and discussed, the role of digital media influencers who are meant to be the bearers of truth and factual accuracy and in combating misinformation and disinformation has not received as much attention.”

There are many crises online

The CDD Communications Lead, Armsfree Ajanaku, said there are many crises online as people commit violence without consequence.

He stated, “Online gender-based violence exists within a context similar to what happens in real life, which is just as destructive as offline violence.

“We now live in a virtual society, where offline violence has extended to online, which makes it easier for people to commit violence without consequences.

“Women are the main targets of online violence, especially the ones with voices, like female politicians, service personnel, women’s rights activists, journalists, women leaders, etc. As it is globally, Nigeria faces a worse case due to our culturally sensitive environment,” he added.

In his presentation, Introduction to Fake News Ecosystems and Techniques of Spotting and Countering Fake News, CDD Project Manager, Abiodun Banjoko, noted that the 21st Century had seen the weaponisation of information on an unprecedented scale. According to him, disinformation, misinformation and malinformation are the greatest threats to the Information age, especially in a multi-ethnic and religious country like Nigeria. He, therefore, urged the participants to use the skills and knowledge they acquired in combating fake news in their endeavours.

Tinubu told me he has nothing to offer to North, says Naja’atu Muhammad

By Ahmad Deedat Zakari

A former Director in the Presidential Campaign Council (PCC) of the ruling All Progressives Congress (APC), Hajia Naja’atu Muhammad has disclosed that Tinubu told her he has nothing to offer the North if elected Nigerian President.

Mrs Muhammad said that Tinubu told her he had no blueprint for tackling insecurity in the North during a meeting in London.

She disclosed this while giving reasons for her resignation from the APC and partisan politics.

On Arise Television’s programme, Morning Show, Naja’atu said: “I met with Tinubu in London and he told me “I don’t have a blueprint for tackling insecurity in the North; if I have I might be killed.”

“Having a blueprint for tackling insecurity in the North would mean I will be stepping on so many toes “

“He has been urging me to take the appointment and I refused.”

The Daily Reality had reported the resignation of Mrs Muhammad from the APC and Tinubu’s campaign team. She had resigned after claims that the APC lacks political ideology and is not any different from other political parties

However, Tinubu’s campaign team said she is incompetent and was fired for being a spy.

Kano-based lawyer drags CBN, Gov to court over currency swap deadline

By Muhammad Aminu

A Kano-based lawyer, Sanusi Umar Sadiq has dragged the Central Bank of Nigeria (CBN) alongside its governor, Godwin Emefele, to a Federal High Court in Kano over currency swap deadline of 31st January, 2023.

Barr Sadiq is asking the Court of his fundamental human rights in line with sections 44 and 46 of the 1999 Constitution, Article14 of the African Charter on Human and Peoples’ Right Act, Laws of the Feederation of Nigeria 2010 Order Rule 2 and 3 of the Fundamenmtal Rights Rule 2009.

He asked the Court to declare that the cessation of the existing N200, N500 and 1000 from being used as legal tender from 31st January 2023 as unlawful and unconstitutional.

The legal luminary contended that the arbitrary stoppage of the existing notes which are largely in circulation will cripple the econmony and further entrench poverty among Nigerians.

“An order of this Honorable Court enforcing the Fundamental Rights of the Applicant as enshrined under and guaranteed by the 1999 Constitution of the Federal Republic of Nigeria (As Altered) and the African Charter on Human and Peoples’ Rights (Ratification and Enforcement) Act Cap. A9, Laws of the Federation of Nigeria 2010.

“…that it is unlawful and unconstitutional for the Respondents to declare the existing N200, N500 and N1, 000 currency notes, which are currently largely in circulation, as no longer the legal tender of Nigeria by 31st January, 2023.

“…that the abrupt and arbitrary policy adopted by the Respondents to make the existing N200, N500 and N1, 000 currency notes that are widely in circulation now is a threat to national security and inimical to national interest as same will cripple the economy and throw many more innocent Nigerians into poverty.

“…this Honorable Court restraining the Respondents from making the existing N200, N500 and N1, 000 currency notes cease to be the legal tender in Nigeria by 31st January, 2023, which currency notes are the ones largely in circulation now, are the ones issued by the various commercial banks in the country, and are the ones dispensed by the various Automated Teller Machines (ATMs),” the originating motion states.

According to him, he wants the Court to compel the CBN and its governor “to follow and comply with the Global Best Standard Practices for changing currency whereby the old ones are gradually withdrawn from circulation by not releasing them to the public once they get deposited in banks within a reasonable time that shall not be less than six months.”

Barr Sadiq argued that the apex bank has not made adequate preparations or put in place appropriate measures to make the redesigned notes available to the public as the commercial banks across the country, both within the banking halls and via the Automated Teller Machines (ATMs) continue issuing and dispensing the currency notes intended to be replaced until few days to the deadline.

He urged the Court to restrain the Bank else “they will throw the country into an economic chaos and anomie.”

Refinery Commission: Dangote Group debunks rumour in circulation

By Aisar Fagge

There has been a remour in circulation that President Muhammadu Buhari will commission the Dangote Refinery during his visit to Lagos state.

However, the Management of Dangote Industries Limited debunked the widespread romour, noting that the information was entirely misleading.

The Chief of the Group, Anthony Chiejina, made this disclosure in a statement he signed and issued to journalists.

The statement reads; “Our attention has been drawn to some misleading reports regarding the commissioning of our Dangote Refinery during the present working visit of President Muhammadu Buhari GCFR to Lagos State.

“We want to state categorically that our 650,000 barrels per day (bpd) Refinery project was never part of the President’s programme on projects to be commissioned.

“For the record, the projects slated for commissioning in Lagos State by President Muhammadu Buhari GCFR include: Lekki Deep Sea Port; 32-Metric Tonnes Lagos Rice Mill, Imota; 18.75km Eleko to Epe T Junction Express road; John Randle Centre for Yoruba Culture and History, Onikan, Blue Line Rail (Phase 1) commissioning (Marina to Mile 2); Groundbreaking for the Blue Line Rail Phase 2 (Mile 2 to Okokomaiko), and MRS Lubricant, a private project in Apapa.

“However, our Refinery will be commissioned before President Muhammadu Buhari GCFR formally leaves office in May, 2023, and the public will be duly informed and invited to the epic event,” the statement concluded.

Senate asks CBN to extend old naira notes exchange deadline  

By Muhammad Sabiu

The Nigerian Senate has urged the Central Bank of Nigeria, CBN, to extend the window for exchanging old Naira bills from January 31 to May 31, 2023.
 
Sen. Sadiq Umar of the APC from Kwara North originally moved for an extension until July 31 because he was concerned about the apex bank’s insistence that there would be no such extension.
 
Recall that the CBN declared in October of last year that the old naira notes will no longer be accepted as legal money as of January 31.
 
However in December, the Senate approved a resolution asking the CBN to extend the deadline to June 30.
 
Umar introduced the motion, saying that the Senate had asked that the CBN extend the use of the old notes from January 31 to June 30, 2022, but the central bank had insisted on the January deadline.
 
Lamenting the situation, the lawmakers noted that there aren’t enough fresh naira notes in circulation.
 
He was quoted as saying: “Experiences around the world have shown that such abrupt decision if not controlled usually created chaos.
 
“The Senate should extend the use of the old notes to July 31,” he said.
 
Also lamenting is Sen. Biodun Olujimi (PDP-Ekiti) who urged the apex bank to “look away from the elections” after noting that 90% of people in her local government area have not even set their eyes on the new naira notes.