Connect with us

News

NYSC. Saga: Former Finance Minister, Kemi Adeosun Explains How She Was Frustrated

Published

on

Kemi Adeosun, a former Minister of Finance, has come out to reveal how she was able to forge ahead after the National Youth Service Corps, NYSC, certificate saga.

Adeosun said she wept every day without working for three months.

Adesosun, who spoke at the 10th anniversary of the Uncommon Woman Conference organised by the Jesus House Church, United Kingdom, on Saturday, March 26, 2022, explained that she felt like she was in a horrible pit.

According to her, everything about her life was at a standstill while she had to deal with shame, betrayal, disappointment, and humiliation.

Adeosun explained, “That period of life was tough for me. I went to step into the shoes of someone like Ngozi Okonjo-Iweala. So, I was under fire from day one, it looked like things were not working. Then all of a sudden, the economy started to improve. It was like I was beginning to see the desired result. Then out of nowhere, the certificate scandal came. And before I knew it, everything turned upside down. And that was how the issue went viral.”

Adeosun said it was sad that she was even unable to tell her side of the story and had to resign when she could no longer bear it.

The former minister said, “I was born and raised in the United Kingdom; indeed, my parental family home remains in London. My visits to Nigeria up until the age of 34 were holidays, with visas obtained in my UK passport. When I finished school, there was no opportunity for dual citizenship; I either renounce my British citizenship or hold on to it and work here. I didn’t renounce mine. I finished school at 21 and started working at 22.

“I obtained my first Nigerian passport at the age of 34 and when I relocated, there was debate as to whether the NYSC law applied to me. Upon enquiry as to my status relating to the NYSC, I was informed that due to my residency history and having exceeded the age of 30, I was exempted from the requirement to serve. Until recent events, that remained my understanding.

“On the basis of that advice and with the guidance and assistance of those I thought were trusted associates, the NYSC was approached for documentary proof of status. I then received the certificate in question. Having never worked in the NYSC, visited the premises, been privy to or familiar with their operations, I had no reason to suspect that the certificate was anything but genuine.

“Indeed, I presented that certificate at the 2011 Ogun State House of Assembly and in 2015 for the Department of State Services clearance as well as to the National Assembly for screening. I sought legal advice and there was no problem I could get an exemption for the NYSC.

“I was so ashamed at that time because I was into teenagers’ mentoring and all of that. So, the experience negated the lessons I had taught my teenagers. I cried every day for three months; I didn’t do anything for anyone or myself for those months. I just cried, cried, and cried.”

She added, “I thought I would feel better when I got vindicated by the court but I still wasn’t happy. The court cleared my name three years later but it took another time of counselling and therapy before I felt better.

“It was thereafter I forged ahead with life and started my charity work.”

Continue Reading

News

Niger State Prisoners Run From Facility After Rainstorm Brings Down Part Of Fencing

Published

on

Many prisoners serving time at the Suleja Correctional Centre, located in Suleja Local Government of Niger state, fled the facility after a rainstorm brought down a part of the inner fencing.

This incident happened as a result of the heavy rainfall which fell on Wednesday night. This led to a cell being torn down, providing incarcerated individuals with a chance at freedom.

Reporters gathered that security forces fired many shots in the air, attempting to scare the inmates out of hiding.

While the State Comptroller of Prisons declined to speak to the press, it has been noted that security has been beefed up on the Minna-Suleja and Suleja-Kaduna roads, including the Madalla axis to Abuja road, which is a likely escape route out of the state for the inmates.

Continue Reading

News

EFCC: Former Governor Of Kogi State, Yahaya Bello Fails To Show Up In Court, Says He Is Scared Of Arrest

Published

on

The embattled immediate past Governor of Kogi state, Yahaya Bello, says he would have appeared at the Federal High Court in Abuja to answer to the 19-count charge preferred against him by the Economic and Financial Crimes Commission, EFCC, but is afraid he would be arrested.

Though Bello was absent for his arraignment today April 23, His team of lawyers addressed the court on his behalf.

A member of his legal team, Adeola Adedipe, SAN, had this to say on his behalf;

“The defendant wants to come to court but he is afraid that there is an order of arrest hanging on his head,” Adedipe, SAN, submitted.

Adesipe then appealed to the court to set aside the exparte order of arrest it earlier issued against the former governor. The lawyer contended that as at the time the order of arrest was made, the charge had not been served on his client as required by the law.

He argued that it was only at the resumed proceedings on Tuesday that the court okayed substituted service of the charge on the defendant, through his lawyer.

“As at the time the warrant was issued, the order for substituted service had not been made. That order was just made this morning. A warrant of arrest should not be hanging on his neck when we leave this court,” counsel to the defendant added.

According to him, the Federal Government did not consult the 36 States of the federation before it enacted the EFCC Act through the National Assembly. He argued that section 12 of the 1999 Constitution, as amended, required the various Houses of Assembly of states to ratify the Act before it could become operative.

“This is a very serious matter that borders on the constitution and the tenets of federalism. It has to be resolved because as it stands, the EFCC is an illegal organization,” Bello’s lawyer added

However, EFCC’s lawyer, Mr. Kemi Pinheiro, SAN, urged the court to refuse the application, insisting that the warrant of arrest should not be set aside until the defendant makes himself available for his trial.

Continue Reading

News

Nigeria Has Secured $2.25B World Bank Loan With An Interest Rate Of 1% – Minister Of Finance

Published

on

The minister of Finance and coordinating minister of the economy, Wale Edun has announced that Nigeria has secured a $2.25bn World Bank loan with a 1% interest rate.

While speaking at the annual meetings of the International Monetary Fund (IMF) and World Bank Group on April 20, Edun disclosed that the loan was approved by the board of directors of the World Bank, and offers a 40-year term, a 10-year moratorium, and a one percent interest rate.

He said;

“If you look at the fact that we have qualified for the processing, just this week to the board of directors of the World Bank of a total package of $2.25 billion.

“There is no such thing as a free lunch but it is the closest you can get to free money. It is virtually a grant. It is about 40 years, 10 years moratorium and about one percent interest. That also is part of the flow that you can count.”

He added that Nigeria also secured similar budgetary support and low-interest funding from the African Development Bank (AfDB). Edun said;

“Clearly, there are also ongoing discussions with foreign direct investors. Some of these things take longer than you expect but they are relatively advanced discussions on major foreign direct investments flows into the country, specific transactions with specific companies, institutions, and authorities.”

This news has however stirred different reactions from citizens as not everyone agrees with the idea of Nigeria borrowing money.

Continue Reading

Trending