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Saturday, April 21, 2012

African education ministers meet in Abuja


Minister of Education, Rugayyatu  Rufa’i

The fifth edition of the Conference of Ministers of Education of the African Union Commission is scheduled to begin on Monday in the Federal Capital Territory, Abuja.
The ministers are expected to discuss the progress made in the implementation of the agenda for the second decade of education for Africa, among other things.
The Minister of Education, Prof. Ruqayyatu Rufai said this at a pre-conference news briefing in Abuja on Friday.
She said her counterparts and senior education officials from the 54 member countries of the Africa Union would also deliberate on global, regional and sub-regional developments while seeking ways of addressing challenges facing the education sector.
Rufai said, “The Conference of Education Ministers of the Africa Union is a biannual forum where Ministers of Education of the 54 members Nation’s of AU deliberate on global, regional and sub-regional developments seek ways of addressing them through the instrumentality of (the) Education Sector.”
The minister said the biennial conference would boost Nigeria’s image and tourism potential, showcase her development in the education sector and share education best practices with other African countries.

Arsenal must bounce back against Chelsea – Djourou


Djourou

Johan Djourou has warned Arsenal they must “show up” when Chelsea come to Emirates Stadium on Saturday to avoid a second successive home defeat.
The Gunners had won nine of their last Barclays Premier League games before the visit of relegation-battlers Wigan last night.
However, Arsene Wenger’s men were caught out by two early goals as the Latics capitalised on some poor defending before then seeing off what little attacking threat the home side mustered to go on and record a famous 2-1 win which lifted them clear of the dropzone.
Arsenal are currently five points ahead of fourth-placed Tottenham and Newcastle, and some seven in front of the Blues, albeit having now played a match more.
The Swiss defender accepts another lacklustre display this weekend could once again leave the Gunners taking an anxious glance over their shoulders in the race to secure Champions League qualification.
“Technically we were not good against Wigan and were missing sharpness in our passes. It is difficult to win games when you are like that,” Djourou told Arsenal Player.
“Maybe it was a bit of fatigue, but we all know Saturday is very important and we have to show up for this one.
“We would rather be in this situation than where the others are. The most important thing is to come back stronger, and what better chance to do it than against Chelsea?”
The Blues head across London in the middle of something of a tough schedule, with the small matter of a Champions League semi-final against Barcelona to contend with.

N9.97bn Intercontinental Bank waiver: SFU invites Saraki, arrests ex-MD


former Kwara State governor, Bukola Saraki

The Special Fraud Unit, Nigeria Police Force, Ikoyi, Lagos, has begun investigation into the controversial N9.97bn waiver granted by the defunct Intercontinental Bank Plc to companies believed to be promoted by former Governor Bukola Saraki of Kwara State.
The SFU, therefore, invited Saraki for questioning over his alleged role in the loan waiver.
In a statement signed by the Commissioner of Police, SFU, Mr. Tunde Ogunsakin, and made available to SATURDAY PUNCH  on Friday, the body said, “A sum of N9.97bn waiver was allegedly granted four companies said to be promoted by Saraki while he was governor of Kwara State.
“This controversial waiver of N9.97bn represents about 82 per cent of the N11.97bn indebtedness granted some companies in February 2010 by the board of the now defunct Intercontinental Bank.
“The bank was then under the headship of Mahmood Alabi as the MD/CEO. SFU is investigating this waiver.”
The companies said to have jointly incurred this indebtedness are Joy Petroleum Ltd., Skyview Properties Ltd., Dicetrade and Limkers Nigeria Ltd.
The debts originated from several loans/facilities worth billions of naira granted the companies, which were allegedly promoted by Saraki between 2004 and 2009 while he was governor.
Ogunsakin said, “The loans were used to purchase shares of blue chip companies and choice landed properties in Lagos and Abuja.
“Some of the landed properties worth billions of naira used to secure the loans were curiously released after payment of only N2.3bn out of the N11.97bn jointly owed the bank by the companies.
 “A Central Bank report of November 2010 had indicted the management of the bank headed by Alabi for granting the waivers. It noted that the companies’ chief promoter had ‘what it takes to pay the indebtedness.”
The statement said that a post-CBN Credit and Investigation Committee set up by then Intercontinental Bank Plc to consider Saraki’s request for the waivers had also cautioned against it.
The report had warned that the waivers might be called for a review in future as they constituted a depletion of the bank’s shareholders’ funds.

by Comfort Oseghale 

Importance of market-making on NSE

In most advanced markets, market making plays a crucial role in creating liquidity and stabilising their capital markets. The market-maker ensures that you will always get a buyer when you want to sell a security, and there will always be a seller when you want to buy a security. The market maker can be the seller or buyer.
The market maker is a broker-dealer warehousing a given number of shares of a specific security in order to ease trading in that security. This is done by displaying the bid and the offer quotes/prices for a guaranteed number of shares.
In Nigeria, the Securities and Exchange Commission has defined a “market maker” as “any specialist permitted to act as a dealer, any dealer acting in the position of a block positioner, any dealer who, with respect to a security, holds himself out as being ready to buy and sell such securities for his own account on a regular and continuous basis.”
When a market maker receives a buy order from you, the warehoused securities are either taken from their stock or borrowed in order to meet your order.
Principally, the market maker ensures the efficient running of the financial market through their willingness to quote both bid and offer prices for a security. They make profits from the spread, which they display to the market.
The spread is the difference between the price at which they are willing to buy a security from you and the price at which they are willing to sell it to you.
Only recently, the newly constituted Board of the Nigerian Stock Exchange appointed few stockbroking firms to commence the operation in Nigeria. These firms have already been by registered by the SEC.
The importance of the market maker includes providing liquidity to the securities market and thus ensures that the market is stable.
The market maker also carries the risk of holding securities overtime in order to ensure that sellers can always dispose their securities when they so wish and buyers can always buy securities when they choose to.
The market maker  plays an important role in maintaining liquidity and guaranteeing price reference for the particular securities for which they are registered to make market in.
Some of the eligibility conditions as specified by the SEC include that the company shall be duly registered with the Corporate Affairs Commission; shall have a minimum paid up capital as prescribed by SEC; the market maker shall at all times maintain sufficient liquid assets to cover its current indebtedness;  shall clearly state in its Memorandum and Articles of Association that it can deal in securities in the capital market; shall convey any change in information, which affects the status of the company to the SEC as required by Rule 49 of these rules and regulations.
The market maker has obligations, including stabilising the market by ensuring continuous liquidity, by synchronising buy and sell transactions; operate within the established transaction spread (i.e. bid/offer spread) which shall be a maximum limit of a percentage as prescribed by the SEC and subject to review from time to time; have the capacity for continuous two-way quotes in the relevant stocks throughout the trading session in a minimum quote size of prescribed units of shares. The market maker must have the capacity to deliver and settle transactions within the prescribed settlement cycle and must have the capacity to lend and borrow the designated securities at any time, with a view to ensuring stability in the market.
In addition, the market maker must have enough buffer funds at all times and must have a robust information technology infrastructure and multiple record keeping systems.
The functions, as specified by SEC, include being a specialist in designated securities and shall hold itself out (by entering quotation in an inter-dealer communications system or otherwise) as being willing to buy and sell the designated securities for its own account on a regular or continuous basis; promote continuous liquidity in the market at all times; serve as a source of market information for the designated securities for which at all times, it stands ready; facilitate a smooth trading atmosphere and engender market stability as well as promote price discovery.
However, the market maker is not allowed to combine market making functions with stockbroking functions.

by Bernard Ilori

Dealing decisively with budget lobbyists


President Goodluck Jonathan signing the 2012 budget

It’s insufficient for President Goodluck Jonathan to announce that some Ministries, Departments and Agencies are distorting budget proposals, he should take a decisive action against culprits, writes OLALEKAN ADETAYO
The budget of a government is the summary or plan of the intended revenue and expenditure of that government for a particular period, usually a year. In Nigeria, as in any other country, government at all levels present annual budgets.
Under democratic rule, the executive arm of government is required by law to present the budget proposal known as the Appropriation Bill to the two arms of the National Assembly, which in turn, will consider it, make amendments where necessary and thereafter pass it into law. When passed, the Appropriation Bill becomes an Act of the National Assembly, which is returned to the executive for the President’s assent. It then becomes a law.
The Appropriation Bill presented to the NA is a product of rigorous exercise by all the ministries, departments and agencies of government. The raw figures provided by these MDAs are later compiled and computed by the ministries of Finance and National Planning. The exercise runs into months.
One of the major problems that has been affecting budgeting in Nigeria is the situation where heads of MDAs, who are not comfortable with the amount allocated to them in the proposed budget, go behind the executive to the NA in order to lobby the lawmakers into increasing their figures in total disregard for the efforts that have been put in place to arrive at the figures. Most times, the acts are carried out when the MDAs appear before the lawmakers to defend their budgets. Every year, the situation has remained the same with sitting Presidents complaining bitterly. But those concerned still carry on. President Goodluck Jonathan, on Dec 13, 2011, presented the 2012 budget proposal with a total expenditure of N4.749tn based on a benchmark oil price of $70 per barrel to the NA for appropriation. A total of N1.32tn was proposed for capital expenditure, while N3.429tn was for recurrent expenditure. 
On March 15, 2012, the NA passed a budget of N4.697tn based on a benchmark oil price of $72 per barrel. This appropriation consisted of capital expenditure of N1.34tn and recurrent expenditure amounting to N3.357tn. The budget, which was signed into law by Jonathan penultimate Friday, is tagged ‘Budget of Fiscal Consolidation’ inclusive of economic growth and job creation.
While Nigerians were waiting for the passage of the budget during the several weeks that the proposal was with the lawmakers, the Senate Committee on Appropriation had at a time raised the alarm that some MDAs padded the budget with additional projects worth N1tn. The chairman of the committee, Senator Ahmed Maccido, told journalists in Abuja that the situation had corrupted the original version of the budget document presented by Jonathan.
“The problem is that we are seeing projects that are not in the original version of the budget presented to us by (President Goodluck) Jonathan and a substantial number of these projects is being smuggled into the budget by the MDAs and their ministers,” he had alleged. The lawmaker noted that over 40 per cent of the projects were not in the original budget, adding that the Senate would not allow that to sail through.
Investigations showed that the MDAs actually took their own versions of the budget proposal to the NA during their budget defence so that the committees could work on them instead of what Jonathan presented to the lawmakers. During the budget defence, the agencies which appeared before the different committees were said to have complained of inadequate allocations to them in spite of their huge financial requirements and commitments. They had appealed to the committees to assist them in upping their budget allocations in order to enable them to meet their needs.
These activities went on despite Jonathan’s directive immediately after presenting the proposal to the NA  that the MDAs should desist from lobbying the NA to increase their allocations beyond what the FG had presented to the legislature.
Of course, these activities did not go on without the knowledge of the President. Much of this was stated by Jonathan while signing the budget into law. He identified the problems inherent in such activities on the government’s plans and went further to say that security reports had already indicted some of those behind the latest moves.
Jonathan said one of the things he had observed since his days as vice-president to the late President Umaru Yar’Adua in 2007 till date was that FG budgets had not been based on proper planning. He regretted that in most cases, when the budget came out from the ministries of Finance and National Planning, along the line, people distorted it. He accused some heads of MDAs of lobbying the NA to put figures that were not based on planning, saying that was why it had been very difficult for the FG to achieve targets.
He said, “I will continue to plead with the NA that if heads of parastatals come to you to lobby, drive them away. This year, we clearly frown at it and I am going to use some heads of parastatals that I got security reports that came to lobby for their budgets to be increased as an example. I will ask them to leave because we cannot run a country without planning; we cannot run a budget that is not based on planning. These figures don’t just come from the blues, people sat down to compute them and see how they fit into fiscal responsibility and other issues. So, we will not allow a situation where one person, because of personal interest, will distort the budget of a nation.”
Many observers are, however, of the view that this blanket public scolding is not enough to deter those who are bent on distorting the nation’s budgets. They argue that since the President claimed that security reports had indicted some people, he should have gone a step further by naming the culprits and their punishments publicly. Their concern is that the issue will go the way of similar “empty threats” of the government.
Another major setback of the government when it comes to appropriation is late budgeting. A situation where a fiscal year had ended long before a new budget is passed and signed into law does not speak well of the government’s planning prowess, although experts say the law allows that implementation of a budget that has been submitted to the NA could start inasmuch as it is not more than 50 per cent of the previous year’s budget.
To address this problem, Jonathan said for the 2013 budget, he had already directed his Chief of Staff to ensure that MDAs defended their proposals before him (the President) between May and June 2012. This, he explained, would allow the Ministry of Finance and the Budget Office to fine-tune the budget proposal between July and August 2012 so that he could present it to the NA by September. He said the arrangement would give the NA enough time to look into the budget. If all things work out well, hopefully the 2013 budget could be passed by the NA by December 2012.
The Minister of Finance,  Ngozi Okonjo-Iweala, had on Monday presented the breakdown of the 2012 budget. The government had already promised to improve on the over 82 per cent performance of the 2011 budget to about 100 per cent in 2012. As the implementation commences, Nigerians’ expectation is that the budget lives up to its billing as a budget of fiscal consolidation, inclusive economic growth and job creation.

Abuja, security threats and road barricades


FCT gate

Apart from its well-designed and attractive cityscape, one thing that distinguishes the Federal Capital Territory, Abuja from other Nigerian cities, is its expansive road network. Driving in the city is exciting and that is why crashes are frequent. Most motorists often get carried away by the smooth wide roads and thus show little or no regard for signs or speed limits, resulting in avoidable collisions. But such ‘fast and furious’ driving is gradually reducing due to the barricades mounted by security agencies following security threats by the Boko Haram sect.
The security breach by the militant Islamic group at the Force Headquarters and the United Nations office in Abuja in 2011 had thrown up various security issues and brought about the blockade of some roads across the city. In the aftermath of the attack on Louis Edet House, the police had placed concrete barriers along the Shehu Shagari Way, sealing off a section of the road. Not long after, the military also sealed off the road that passed by the Defence Headquarters at Garki Area 8 and a section of the road by the Ministry of Defence. The State Security Service also cordoned off a section of the road leading to its headquarters at Maitama. Despite the blockades on most roads in the Central Business District, there are fears among residents about the effectiveness of the measure as a security strategy.
While residents were fretting over increasing traffic jams, a section of Herbert Macaulay Way that leads to the Nigerian National Petroleum Corporation Towers was completely blocked, thus creating traffic bottlenecks around the area. To compound the situation, two petrol stations are located directly opposite the NNPC building with their attendant fuel queues. Aside this, the inflammable nature of the petroleum products sold by the stations constitutes a threat to the safety of the towers, other buildings and people around the area.
Many were taken aback by the sudden blockade of the road because security at the NNPC headquarters had been beefed up with soldiers and sniffer dogs earlier. Findings, however,  indicated that there was a latent threat to the facility hence the decision to block direct access to it.  Though sniffer dogs handled by private security guards are on duty daily, it was observed that this may not offer adequate protection and deterrence. Based on observations by our correspondent, it is doubtful if the  dogs can discover explosives in vehicles going into the towers. It was observed that the dogs are simply dragged on leash around the vehicles and they do not display any animal aggression or alertness expected of trained sniffer dogs. When vehicles pull up, the dogs simply waddle around them without interest while being led by their handlers.
The heightened security tension in the FCT also made hotels to procure explosives detectors and electronic scanners which are used to scan vehicles and guests’ bags. But the efficiency of this equipment has been called to question following reports that most of them were substandard products from China. There was a reported instance of a scanner failing to detect a grenade hidden in a car by the Army which wanted to test the effectiveness of a metal detector at one of its barracks. 
The National Assembly had sometimes ago raised the alarm over the quality of the close-circuit television cameras (CCTVs) installed across Abuja by a Chinese firm. The lawmakers alleged that the CCTVs were not the same type installed by the same firm in Ghana. It is interesting to note that the police have not deemed it wise to put the installations to the test before journalists so the public can confirm their effectiveness as a crime-prevention tool. Yet billions of naira have been expended on the project. It could be recalled that the FCT Police Command boasted about its security cameras during preparations for the 2010 Independence Day celebrations, yet twin bomb blasts  marred the anniversary.
Security agencies, however, attributed the road blockades to information at their disposal on the activities of terrorist groups. The Director, Air Force Information, Mr. Yusuf Anas, said the agencies were aware of the inconveniences caused by the development and would take the necessary measures to improve the situation.
He said, “From time to time, security is beefed up in the Federal Capital Territory because credible threats were received by the agencies. We are not unmindful of the traffic situation and the fact that it could cause some inconveniences. You know that security threats have hard and soft targets. As soon as the security situation improves, you will see improvement in these areas.”
Anas, who spoke alongside the Director of Defence Information, Col. Mohammed Yerima, and the Deputy Director, Media and Publicity, SSS, Ms. Marilyn Ogar, at a press briefing said the security agencies were doing their best to tackle the situation.
Anas said the security agencies foiled many bomb attempts during the last Easter, urging the members of the public to volunteer information that could prevent bombings.
Ogar also hailed the security agencies for recording “a huge success” in the fight against terrorism in the country. She said the agencies should be commended for their efforts and urged the media to resist assisting undesirable elements to raise false alarm.
In justifying the need for roadblocks, the security spokespersons failed to reckon with the acquisition of rocket launchers by the terror group. No fewer than 51 rocket launchers were seized recently at a house in Barunde area of Gombe metropolis, which showed that road blockade may not be a sound security strategy. This development indicated that better and more dynamic measures need to be evolved to curtail terrorist groups in the country. It is obvious that road blockades cannot stop rocket attacks if successfully launched.
The Gombe State SSS director, Mr. Bitrus Asha, had told journalists that 51 rocket launchers, 48 bags of fertilizer, sulphuric acid and cortex items were recovered as well as detonators, remote control devices, different types of chemicals, six containers for preparation of IEDs and other items.
The solution to terrorist attacks remains effective intelligence-gathering, inter-agency collaboration and synergy and the involvement of the public in security information management system.  Government should be ready to offer financial rewards for valuable security information from the people to encourage public response. This is done in the western countries where emphases are placed more on information and intelligence – gathering, to aid crime prevention and detection.
Just as noted by the Borno State Government and the Joint Task Force last week, non-provision of information by the public is a major obstacle to the success of the war on terror.The Deputy Governor of Borno State, Alhaji Zanna Mustapha, had called on the general public to cooperate with the security agencies in providing information that would assist in arresting those who are terrorising innocent people in the state.
Mustapha added that without the people giving adequate information to the security agencies, government alone could not stop the rampant killings by the “faceless group who are hiding under religion to cause mayhem.”
He directed the General Manager of Monday market, where 11 persons were killed by unknown gunmen, to sensitise all traders on the importance of giving information on suspected criminals in the market to the security agencies, particularly the JTF, promising that such information would be treated with confidentiality.
 The JTF spokesman, Lt. Col. Sagir Musa, had also complained about the reluctance of the people to give information to security agencies. He expressed his angst in a press release issued in Maiduguri, stressing the imperative of cooperation with security agencies to stamp out terrorists in the society.
The statement reads, “The JTF in Borno State has observed with concern the poor attitude of the public in Maiduguri metropolis to the issue of information sharing with security agencies.  It is worrisome that Boko Haram terrorists are living in the same community with the people without requisite information that will assist the JTF in arresting them.” 
Residents of Abuja and other towns, which are under barricades, are wondering if there is an end in sight to the reign  of fear.

by Adelani Adepegba

Ibori, innocent at home, guilty abroad


James Ibori

EMMANUEL ADDEH writes that the conviction  of James Ibori in the United Kingdom is a tragic reversal, and mockery of Nigeria’s judicial system. James Ibori, a former governor of Delta State, conjures different emotions in Nigerians whenever his issue is being discussed.
While many love to hate the embattled former Peoples Democratic Party power broker, others, especially his ardent loyalists, would have given an arm and a leg to get him out of jail if they could.
The life of the embattled former governor of the oil-rich state, within and outside the shores of Nigeria, has always been mired in one controversy or the other. 
Born in August 1958 (even his age has been under serious contention), Ibori was governor of Delta from May 29, 1999 to May 28, 2007 under the umbrella of the PDP.
The ex-governor had his roots in Otefe in Oghara clan, Ethiope West Local Government Area of Delta State. He reportedly attended Baptist High School, Oghareki, before proceeding to the University of Benin, where he obtained a Bachelor of Science degree in economics and statistics.
According to reports, Ibori first came to reckoning when his political career began in 1990 as a member of the defunct National Republican Convention. The following year, he lost the House of Representatives seat, which he contested under the umbrella of the same party.
During the late Gen. Sani Abacha’s tyrannical rule, he joined the Grassroots Democratic Movement, but quickly went on to form the Delta National Congress with some splinter groups in the state after the demise of the late maximum ruler, which later metamorphosed into the PDP in the state.
In Nigeria, Ibori threw his weight whenever it was necessary to do so. In fact, there are unconfirmed reports that he determined who saw the late President Umaru Yar’Adua and who did not.
All seemed rosy until Chief Great Ogboru, the then Alliance for Democracy candidate in the 2003 governorship election, took the ex-governor to court on the grounds that Ibori did not qualify at the time he contested the election he was said to have won.

Some of the property acquired by Ibori with the looted funds

Ogboru told the court that he had found out that Ibori was an ex-convict and unfit to occupy the office of the governor. The Ibori ex-convict saga became a national issue as Ogboru’s petition went from the High Court through Appeal to the Supreme Court and tossed back to the Appeal Court.
Ogboru argued that by virtue of the provisions of Section 182(1)(e) of the 1999 Constitution, Ibori was not qualified to contest the 2003 Delta State governorship election on the grounds of his conviction and sentence for the offence of criminal breach of trust and negligent conduct on Sept 28, 1995 by a competent court in Bwari, Abuja.
But the ex-governor said there were two distinct individuals who shared a common name in ‘James Onanefe Ibori,’ describing the case as that of mistaken identity.
Eventually, the case was referred back to a new panel headed by Justice Adzira Mshelia, which gave its final 3:2 split decision ruling on April 12, 2006.
While the majority judgement comprising Justices Msheila and two others ruled that they were not convinced by the evidence that Ibori was the ex-convict as claimed by Ogboru, a separate minority judgement of Justices Ibrahim Saulawa and Muktar Abimbola maintained that the then governor was the same Ibori that was convicted in 1995.
The case went through to the Supreme Court, which again acquitted the embattled governor of any misdemeanour.
After serving out his two terms as the governor of the state, described as one of Nigeria’s most financially buoyant, the Economic and Financial Crimes Commission picked the ex-governor up at the Kwara State Lodge in Asokoro, Abuja, in December 2007.
Ibori, popularly called the Odidigborigbo of Africa by his loyalists, faced charges of theft of public funds, abuse of office and money laundering.
In the heat of the trial, Mallam Nuhu Ribadu, the then EFCC chairman, accused him of attempting to bribe him with a cash gift of $15m to drop the charges, which Ribadu said he had lodged with the Central Bank of Nigeria.
But in December 2009, a Federal High Court sitting in Asaba, presided over by Justice Marcel Awokulehin, discharged and acquitted Ibori of all the 170 charges of corruption brought against him by the EFCC.
However, in April 2010, about three months after the assumption of office by Goodluck Jonathan, Ibori’s case file was reopened by the EFCC for alleged embezzlement of N40bn, a development which gave some authenticity to the story that he was shielded by the Yar’Adua government.
Indeed, the then Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa, was said to have written several letters to Ibori’s defence team in London claiming that the Nigerian government had found no evidence of corruption against the former governor.
Reports also have it that Aondoakaa sought to prevent United Kingdom prosecutors from using any evidence provided by Ribadu’s EFCC in the prosecution of Ibori’s associates.
The fresh graft case was reportedly induced by a petition forwarded to the EFCC by the Delta Elders’ Forum, a faction within the Delta State chapter of the PDP.
The forum had claimed that Ibori sold 520 million of Delta State Government shares in defunct Oceanic International Bank Plc and used the proceeds to service a N44bn loan obtained by his company, Ascot Offshore Nigeria Ltd.
Then, the melodramatic attempts by the security agencies to arrest him after the death of Yar’Adua began. Ibori, the once powerful ‘Excellency,’ became a fugitive, fleeing from Abuja to Lagos and then to Oghara, his hometown.
Once he was able to hole himself up in Oghara, all manners of pro-Ibori protests began to emerge. Ibori’s loyalists accused Chief Edwin Clark, the leader of PDP faction, of using his closeness to Jonathan to persecute the former governor.
The protests took a different turn when hundreds of women from Oghara marched unclad on the streets of the community against the EFCC, for supposedly harassing their son.
Some ex-militants, who were on guard at the time, also warned the EFCC and all security agencies to keep away from the community or risk the unpalatable.
His Urhobo kinsmen were also not left out in the attempts to exonerate their “son” as they reportedly seized the Benin-Warri Expressway to protest his travails.
Twenty-three presidents-general of the 23 Urhobo kingdoms in Delta condemned what they described as the “heckling, ‘witch-hunting’ and gangster methods used by the EFCC.”
Even the Delta Caucus, House of Representatives in Abuja, added their voice to the efforts to clear the ex-governor of any sleaze.
Sensing that it was becoming an embarrassment to the nation that Ibori had become unreachable, Jonathan ordered the then Inspector-General of Police, Mr. Ogbonna Onovo, to fish out the ex-governor.
By then, the heat was getting too much for Ibori, who initially fled to Dubai, but was extradited to the UK on April 15, 2011.
But Ibori’s escape from the long arm of the law, it was believed, was only temporary, as his sister, Christine Ibie-Ibori; his mistress, Udoamaka Okoronkwo; his wife, Theresa Nkoyo; one of his London-based lawyers, Bhadresh Gohil, a financial agent, Daniel Benedict McCann and corporate financier, Lambertus De Boer,  had already been convicted by a London court on the same matter.
However, all the legal ups and downs from both prosecution and the defence became history when the former governor finally entered a guilty plea in his money laundering trial at a Southwark Crown Court in London.
But the ex-governor’s admission of guilt only brought to a partial close one of Nigeria’s most dramatic cases involving a Nigerian public official, which made the cases of Diepreye Alamieyeseigha and Joshua Dariye look like a mere child’s play.
 “He personally awarded and signed these inflated contracts to his people, and the profits came directly to himself to fund his lavish lifestyle. He siphoned off millions by personally awarding contracts to his people,” prosecutor, Sasha Wass told the court in her final submission. 
And finally on Tuesday, Judge Anthony Pitts, who had scheduled Ibori to be sentenced on April 16, gave his final verdict. Not even the brilliant testimony given in his favour by his friend and ex-footballer, John Fashanu, nor the sponsored trips by his loyalists back in Delta could help him.
Pitts said, “The history of dishonesty, corruption and theft in the first indictment would alone attract the maximum or close to the maximum sentence allowed by law, but there is another indictment of serious fraud which you have pleaded guilty to.”
He said if Ibori had fought the case to the end without pleading guilty, he would have served his full 24 years but will get a discount for pleading guilty.
Pitts then sentenced Ibori to 13 years in prison. He deducted 645 days already spent in jail by the ex-governor and said he (Ibori) would serve the rest in a British jail.
However, lawyers close to the workings of the UK legal system say he might spend about four-and-a-half years to seven years in jail.
Though reactions continue to follow the sentencing of Ibori, the Delta State government maintained that it had no official reaction to the jail term handed down to the former state governor.
The government insisted that Ibori remained a private citizen till he was sentenced by the court, noting that it would be unreasonable for the state government to take a position on a “purely private” matter.
 But Ijaw National Leader, Chief Edwin Clark, described the conviction of  Ibori as well-deserved.
The octogenarian said Ibori’s sentencing vindicated his position that the ex-governor was a thief, who used his position as governor to enrich himself.
However, that would not be the end of the case as the court said it would continue to dig into all the businesses where Ibori had a hand, with the intention of seizing all the proceeds from such businesses.
A prominent human rights activist, Oghenejabor Ikimi, said that his position that the money recovered from Ibori should not be repatriated for now was still in order.
He said, “If the money and property are returned to Delta State now, they will still find their way back to Ibori whenever he leaves the prison.”
 That, perhaps, is the same position held by majority of residents of the state, who have been short-changed by various governments in the oil-rich but highly impoverished state.

My hair is annoying – Waje

Although she made her debut into the music industry not too long ago; she’s however been one of the female singers to be reckoned with. Ranging from the energy she puts into her songs, to her strong voice—you could never walk away ,but pay attention to her melody.
Here is Waje’s hair experience on today’s Hair & Style. Enjoy.
What does your natural hair look like?
My natural hair is full but short. It’s tough too and I think I have the most annoying hair ever.
And why did you make such comment about your hair?
Because it takes too long to relax and it’s really stressful. I don’t know how to explain it but my hair is really funny. In fact, I had to cut it low and it’s just growing now.
 

Does it mean that you can’t wear your natural hair to events?
Of course,  I can. In fact, I’ve been wearing my natural hair for the past four days. But because my hair is very tough, I had to stop using the normal relaxer and switched to moisturizing relaxer so that my hair can be softer. Then, I’ll be really happy to wear my hair to events most of the times without looking weird.
Which type of extension do you like most?
I love human hair because it allows me to leave out some of my hair and still look natural. But most times, I prefer not to leave out my hair so that my hair wont cut.
Can you wear crazy-coloured hairstyles?
I wish I can but my fans wont like it. If I start wearing such, my fans will start wondering if I’ve gone crazy. So I can’t because I still want to be relevant to my fans and still win more fans. Nevertheless, I have some golden hair at the middle of my hair but most of the time, I dye it.
Which hairstyle can’t you be caught wearing?
I don’t think I can wear fringe. Although some of my friends think it looks nice on me but I think otherwise. There’s also this hairstyle that I made sometime ago-one side was long and the other was short. I liked it and really wish I can still make it but my fans think it makes me look more like a rap artiste instead of an R & B which  I am.
But really, I can’t be caught wearing the 3 in 1 weave-on because it wasn’ t made for Africans but Chinese.
5 bad habits that contribute to hair loss
As shown by the etymology of the word, genetic male-pattern hair loss is due to an inherited redisposition of the hair follicles of the head (or even only the parietal region and the temples) to show increased sensitivity to normal androgens, androgens are, affect the hair root and lead to progressive atrophy and ultimately a total loss. So it is understood that any therapeutic intervention should be done as there is even the least fluff, because when it is lost completely, there is no reversing the damage.
The life cycle of our hair
All our hair goes through three phases of development. The first is the anlagen, which lasts from 2 to 6 years during which the hair grows. The second is Catagen, which lasts about 1 month. Within this time the hair is weakened and “prepared” for the fall, followed by the final stage the Talien during which (approximately 5 months) the hair falls out but the root is still there so after some time under normal circumstances, hair reborn.
Though the hair texture vary in the human body, the straight or curly hair to the cloth nearly invisible person, the development cycle is the same everywhere. This cycle consists of two phases, Anagen, during which the hair of his head grow long, about 1,5 cm per month and Telogen, during which they stop growing and rest. The first stage lasts from 3 to 5 years, while the second only 2-3 months. Once the cycle is completed by hairs are in telogen phase fall within the next 2-3 weeks and replaced by new ones if the enclaves remains active. It is perfectly normal to lose in this manner 50-100 hairs daily, which can be observed, because staying on the brush after combing. At any time, under normal circumstances 85% of our hair grows, while the remaining 15% falls.
When they fall together?
Often it can happen to spend a lot of hair in the phase simultaneously with the result that all fall together. This phenomenon is called molt and is threatening the future of our hair, since it is reversible if something addressing the causes, which may be as follows:
* Childbirth: – During pregnancy, women do not lose any hair. So about 2-4 months after birth, the hair does not lose all this time all come together in the phase leading to fall together. This case, you need to make women are just waiting to grow the new hair.
* Taking drugs: – Guilty of the deluge molt are some medications such as contraceptives (pronounced hair loss usually occurs after discontinuation of use) and some drugs given to treat thyroid problems, etc.
* Diseases: – Some chronic diseases such as lupus erythematosus and the thyroid gland, iron deficiency anemia (though disputed by some) and anorexia nervosa can also lead to increased hair loss, but check with the appropriate patient management.
* Poor nutrition: – The proteins (egg, fish, chicken, etc.) play a key role in hair growth for this and their absence could lead to temporary loss of our hair. Role but appears to play a zinc deficiency (seafood, nuts, etc.) and biotin (beef liver, peanuts, etc.). Therefore it is obvious how good nutrition can save our hair.
* Stress: – This is one factor that can affect our overall health and certainly the state of our hair, which normally intercepts leading us to .massive losses.

By Opeoluwa Akintola