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Corruption: Group calls for arrest, prosecution of FCMB GMD

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Good Governance and Accountability Monitors Group has called for the arrest and prosecution of the Chairman of First City Monument Bank, FCMB, Ladi Balogun.

The group in a statement issued Tuesday in Abuja by its Coordinator, Opeolumi Adeniyi and Secretary, Isaiah Moses, alleged that the chairman allowed his bank to be a platform that is used in aiding and abetting corruption especially in our banking sector.

The group’s demand was necessitated by revelations in the ongoing investigation of the embattled former anti corruption czar, Ibrahim Magu of the Economic And Financial Crimes Commission (EFCC), where the bank was caught in the middle of shoddy transaction.

The Executive officer of the First City Monument Bank, Ahmed Nuru, during his appearance before the Justice Ayo Salami Presidential panel, said his bank ‘mistakenly paid the sum of #473m into the account of pastor Omale’.

The group said the fact that somebody of the position of Ibrahim Magu, who before his disgraceful fall, was head of the nation’s anti-corruption agency can be found wanting for financial malfeasance, speaks volumes.

“As Nigerians and stakeholders in the drive to rescue our beloved country from the precipice it is being pushed into, we are worried that Mr. Ladi Balogun would shamelessly and without considerations to the fight against corruption, expose the FCMB to such ridicule and then claim that his bank mistakenly credited an account with such humungous amount of money and, only realized after four years that such an amount was paid into the wrong account.

“We are therefore, compelled to demand from the Nigerian Government; especially the Presidency that it compels Mr. Ahmed Nuru that he provides answers to these questions.

“Who provided the account details that the said #573m (five hundred and seventy three million) was paid into and, who approved the transaction?

“Who was the officer that verified the account?

“Is Ladi Balogun telling Nigerians that his bank did not carry out internal and external audit of its accounts and banks since 2016?

“Why did it take Ladi Balogun and his board, four years to realize that his organization credited a wrong account with such a huge sum?

“Whose bank account was the amount debited and how is it that the owner of the said account failed to notice such a huge withdrawal and transaction?

“Is this not a self-indictment of the management of the capabilities of the Ladi Balogun owned FCMB that it is involved in money laundering and financial crimes?”

The group further called on President Muhammadu Buhari to protect the banking sector by ensuring that funds are protected.

He should immediately direct the EFCC, NFIU, DSS to instigate an immediate probe of Mr. Ahmed Nuru.

“We also call on both Houses of the National Assembly; the Senate and the House of Representatives to immediately, on resumption hold a Public Hearing to look into this criminality against the collective well-being of Nigerians as it affects the sacredness of our financial institutions that have now been turned into a conduit pipe for the laundering of our resources, the Ladi Balogun run FCMB.

“Also, the Minority Leaders in both Houses of the NASS should, as a matter of national emergency, ensure that this financial sleaze by the FCMB, under the eyes of Ladi Balogun is thoroughly investigated and all those involved and found culpable, be prosecuted immediately.”

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Aviation

FG TO PARTNER WITH HUNGARIAN COMPANY TO PRODUCE AIRPLANES IN NIGERIA

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In line with its desire to bequeath sustainable growth and development in the aviation sector, the Federal Government has expressed its readiness to partner with the Magnus aircraft Manufacturing industry in Hungary to establish an assembling plant and begin to manufacture in Nigeria from start to finish before the end of the Buhari administration.

The Minister of Aviation Senator Hadi Sirika expressed the interest when he paid an inspection visit to the Magnus Aircraft Industry in Pogany, Hungary.

He explained that “if we venture we them, we may start with assembling plant and later manufacturing”, adding that the Magnus aircraft is an aeroplane that is good for Military training, has an aerobatic manoeuvre and is made of fully composite materials high strength and very lightweight.

Sirika being briefed by officials of Magnus

A statement by the Director of Public Affairs Ministry of Aviation, Dr James Odaudu described Aerobatics as the practice of flying manoeuvres involving aircraft attitudes that are not used in normal flight. Aerobatics are performed in airplanes and gliders for training, recreation, entertainment, and sport.

The statement further quoted Sirika as saying he was very satisfied with the features and more than willing to facilitate the production of the aeroplanes in Nigeria, saying one of the significant features of the Magnus aircraft is that it uses normal car petrol and outperforms any training aircraft of its kind”

The Minister who was at the facility on the invitation of the Company, said the proposed partnership with the aircraft manufacturer will be subjected to further analysis to verify the market and government willingness to partner with a significant amount of money and logistics.

He emphasized that the local production of aircrafts in the country will facilitate the growth of Nigeria as a regional aviation super power as it will also come with maintenance and repair facilities that will attract patronage from neighbouring countries.

Sirika trying his hands on the Magnus aircraft

According to him, the present administration has created an attractive environment for international investors in Nigeria, especially in the aviation sector, with the ongoing implementation of the development roadmap which places emphasis on public private partnerships.

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Request For Qualification for the Concession of Airport Terminals

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AIRPORTS CONCESSION GATHERS MOMENTUM, AS FG RELEASES REQUEST FOR QUALIFICATION

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The Federal Government through the Ministry of Aviation in compliance with the Infrastructure Concession Regulatory Commission (ICRC) and National Policy on Public-Private Partnership (N4P) has released a request for qualification for the concession of four International Airport terminals and related services.

In the document signed by the Permanent Secretary, Federal Ministry of Aviation, Engr. Hassan Musa, the four major commercial airports; Nnamdi Azikiwe International Airport Abuja; Murtala Muhammed Internatıonal Aırport Lagos; Malam Amınu Kano Internatıonal Aırport and Portharcourt Internatıonal Aırport and surrounding communities are intended to develop into efficient, profitable, self-sustaining, commercial hubs which will create more jobs and develop local industries through a Public-Private Partnership (PPP) arrangement.

A statement by the Director of Media and Public Affairs Ministry of Aviation,  Dr James Odaudu quotes the document saying “The Federal Government of Nigeria (FGN) through the Ministry of Aviation is inviting bids from reputable Airport Developers/Operators/Financiers/Consortia for prequalification for the Concession of selected Airports Terminals under a Public-Private Partnership (PPP) arrangement”.
It further stated that “The airport’s terminal concession is one of the critical projects under the Aviation Sector Roadmap of the FGN and fits well within the scope of the Ministry’s strategic plan for the sector. The execution of this project is meant to achieve the Federal Government’s objective in terms of air transport value chain growth by developing and profitably managing customer-centric airport facilities for safe, secure and efficient carriage of passengers and goods at world-class standards of quality”.

Hadi Sirika
Minister of Aviation

According to the document the eligibility requirements are; “Full names of firm/consortia; Evidence of Company Registration; Ownership structure of bidding entity; Audited Financial Statements; Sworn affidavit; Power of Attorney/Board Resolution and in the case of a consortium, evidence in the form of a letter of association agreement”.

It explained that to be prequalified for consideration as a prospective PPP partner for the project, the prospective firms/consortia must have technical, operational and financial capability including; Experience in the Development and Operation of an International Airport and Cargo Terminals; Evidence of Financial Capacity in support of the company or consortium’s ability to undertake the airport concession illustrated by a minimum net worth of NGN 30 billion and Letters of Support from credible financial institutions in support of the consortium’s ability to manage and operate the Airports terminals.

“The modalities for application submission shall be in a sealed envelope containing 7 copies neatly bound (1 original and 6 copies clearly marked) of the completed RFQ and the required supporting documents, which shall be clearly marked “RFQ for the Concession of Airport Terminals’ and address to the Permanent Secretary, Federal Ministry of Aviation, Federal Secretariat Complex Abuja.

The Application shall be submitted either physically or by pre-paid, registered/certified mail or courier to the address provided. The submission shall be on or before 15:00 hours Nigerian Time (14.00hrs GMT) on 27th September 2021”. It explained.
The request emphasis that the RFQ is the pre-qualification stage of the procurement process for the Project in which interested parties are required to meet the pre-qualification requirements specified in the RFQ package. Only pre-qualified parties will proceed to the Request for Proposal (RFP) stage and shall execute a Non-Disclosure Agreement prior to issuance of the RFP documents.

The document urged the interested international parties to partner with local firms in compliance with the requirements of the Federal Government of Nigeria local content development policy while submission of RFQs through electronic media will not be considered.

The document also states that additional information, can be found on the website: https://nacp.aviation.gov.ng

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