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19 April 2015

Jonathan demands N2tr election funds refund, audit

                                                                              President Goodluck Jonathan

Following the defeat suffered by President Goodluck Jonathan and his party, the Peoples Democratic Party, during the March 28 and April 11 elections, the President has asked the party and government officials, who handled campaign funds, to refund unspent monies, or those not judiciously expended, SUNDAY PUNCH can authoritatively report.

Jonathan, credible sources said, has also set up a committee of five to get those with the funds to return them.

Sources within the party and the government told our correspondents that Jonathan was disturbed that despite giving campaign coordinators, ministers, special advisers, close aides and friends, support groups and traditional rulers over N2tr in cash, most of them could not deliver their polling booths and local governments.

Handover: Buhari may write Jonathan over May 28 date

                                                              President-elect, Maj. Gen. Muhammadu Buhari

President-elect, Maj.-Gen. Muhammadu Buhari (retd) may write President Goodluck Jonathan to seek clarification on the May 28 handover date.

Sunday PUNCH reliably gathered on Saturday that to avoid dispute between the incoming and outgoing administrations, Buhari would ask for explanation on a statement by the Minister of Information, Mrs. Patricia Akwashiki, on Wednesday.

The minister had, after the Federal Executive Council meeting, told journalists that Jonathan would hand over to Buhari at a dinner in Abuja on May 28.

She had said, “By May 28, the President intends to have the formal handover done at a dinner so that we can reserve May 29 for the incoming government.

17 April 2015

CBN to prosecute proprietors, others demanding foreign currencies

                                                                                The Naira and dollar

The Central Bank of Nigeria says it will not hesitate to prosecute persons, including school managers, who demand and accept tuition in foreign currencies.

A statement by the bank’s Director Corporate Communications, Ibrahim Mu’azu, noted that the CBN Act of 2007 criminalised the usage of other foreign denominations over naira.

“The attention of the bank has been drawn to the increasing usage of foreign currencies in the domestic economy as a medium of payment for goods and services by individuals and corporate bodies.

“It has also been observed that some institutions price their goods and services in foreign currencies and demand payments in foreign currencies rather than the domestic currency (the Naira), which is the legal tender in Nigeria.

IOC President invites Buhari to Lausanne

                                                                             Maj.-Gen. Muhammadu Buhari (retd)

President of the International Olympic Committee, Thomas Bach, has congratulated the President-elect, Major General Muhammadu Buhari (retd) on his victory at the polls and also extended an invitation to him to visit the IOC headquarters in Lausanne, Switzerland.

In a congratulatory message sent to Buhari and copied to the President of the Nigeria Olympic Committee, Mr. Habu Gumel, the IOC President told Buhari that, “the election demonstrates the great confidence the people of Nigeria have in you. For your team, I wish you all the very best and a great success.”

Buhari, who will also become the Grand Patron of the NOC from May 29, was invited to the IOC headquarters by Bach.

Revealed: Plot to abduct Jega during presidential poll

                                                                       INEC Chairman, Prof. Attahiru Jega

Fresh facts have emerged on the March 31 attempt by a former Minister of Niger Delta Affairs, Elder Godsday Orubebe, to scuttle the announcement of the March 28 presidential election results.

The main part of Orubebe’s action, according to Reuters on Thursday, was a plot to use hired thugs     to kidnap the Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega, and consequently stall the electoral process.

The news agency quoted unnamed pro-democracy advocates and a Nigeria-based diplomat as saying that one of Jega’s aides unearthed the plot.

It said that the aide had sent a text message to an independent voting monitor, “warning of an imminent threat to the electoral process.”