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Commissioners Battle FCC Chairman over Alleged N35m Shallow Advert, Job Racketeering

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Members of the Federal Character Commission (FCC) are locked in a “battle” with Dr. Muheeba Farida Dankaka, their chairman, less than six months after their appointments in June 2020.

Commissioners Battle FCC Chairman over Alleged N35m Shallow Advert, Job Racketeering

They have levelled allegations of corrupt practices, abuse of office, subversion of the provisions of the 1999 Constitution (as amended), FCC (Establishment Act), rules for plenary 2015 and illegal arrogation of powers against Dankaka.

PRNigeria gathered that the members, who identified themselves as Concerned Commissioners, have already forwarded a petition to the Independent Corrupt Practices and other Related Offences Commission.

The duo of Augustine Wokocha and AbdulWasiu Bawa-Allah, who signed the petition on behalf of their colleagues, noted that since they assumed duty, Dankaka has been committing one form of grave infraction or the other, while also disregarding their advice and caution to her.

“We gathered that one of the malfeasance, perhaps the most egregious is her unilateral decision to employ 22 people of whom 50% of them are not only from her State, but from her senatorial district,” they said.

The Commissioners’ representatives added that Dankaka also awarded the sum of N35,706,002, to a contractor for a media advert, which was over and above the budgetary provision of N7,409,534 for publicity and advertisement.

They said: “Even the content of the media advert was shallow and thereby require a thorough investigation to determine the actual cost expended on the advert.”

According to Wokocha and Bawa-Allah, the job racketeering status for which their Commission is known for is well and alive, especially with the indiscriminate granting of waivers by Dankaka to advertise to Ministries, Departments and Agencies, hence shunning the principle of federal character.

“…In a flagrant disobedience to this guideline, which is criminal in the Commission Act for anyone who flouts it, the Chairman is well known to liaise directly with CEOs, sort things out with them, granting waiver and certificate of compliance without recourse to the Commission, as enshrined in Rule 28 of the Rules for Plenary 2015, and thereby creates injury to many job seekers and in the process build animosity among Nigerians,” they said.

While calling on ICPC to probe their Chairman, they added: “We have noted with pain and disappointment that Dr. Muheeba Farida Dankaka is fond of lobbying, influencing and luring anyone or bodies of authorities that receive complaints against her. But we believe that ICPC will stand in the interest of the country, and her people at large, to get to the root of the matter by launching a forensic investigation…due to the rot in the Commission, and prosecute the culprits so as to serve as deterrent to others.”

However, PRNigeria’s attempt to get the “embattled” Chairman to react to the allegations levelled against him was not successful.

Though her phone line could not be reached, she also did not reply to the text message sent to her number as at press time.

When PRNigeria spoke with Adamu Idris, the FCC Chairman’s media aide, he told our reporter that though he is actually not her aide, he will get in touch with the Commission’s spokesperson, who will get back.

But our reporter was yet to hear from either of them before going to press.


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Detained Binance executive drags EFCC, NSA to court

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Binance executive Tigran Gambaryan has has dragged the National Security Adviser Nuhu Ribadu and the Economic Financial Crimes Commission (EFCC), to court alleging violations of his fundamental rights.

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In a filing dated March 18 and presented by his lawyer Olujoke Aliyu from Aluko and Oyebode Law Firm, Gambaryan sought redress before Justice Inyang Ekwo, requesting five reliefs. Similarly, Nadeem Anjarwalla, Binance’s Africa regional manager who escaped custody on March 22, initiated a separate suit before Justice Ekwo.

Gambaryan and Anjarwalla, in the suits marked: FHC/ABJ/CS/356/24 and FHC/ABJ/CS/355/24, had sued the Office of NSA (ONSA) and EFCC as 1st and 2nd respondents.

Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, alleged that his detention and the confiscation of his international travel passport violated Section 35 (1) and (4) of the 1999 Constitution, constituting a breach of his fundamental right to personal liberty. He further requested the court to order his immediate release and the return of his passport. Additionally, he sought an injunction preventing further detention related to any Binance investigations and demanded a public apology from the respondents, along with costs incurred.

Gambaryan stated that he visited Nigeria on February 26 alongside Nadeem Anjarwalla, representing Binance, in response to invitations from ONSA and EFCC. Despite attending the meeting as requested, both were detained afterward without formal charges.

During the court proceedings, T.J. Krukrubo, SAN, representing Anjarwalla and Gambaryan, informed the court of the respondents’ absence despite being served. Krukrubo also mentioned their notice of withdrawal of legal representation for Anjarwalla, filed on March 26.

Justice Ekwo noted the withdrawal of legal representation and adjourned the matter to April 8 to allow the applicants to seek new representation and give the respondents an opportunity to appear.

In Gambaryan’s case, Krukrubo stated that although the processes were served on ONSA and EFCC, they still had time to respond. He requested an adjournment, indicating that the respondents’ deadline to file their applications would expire the following week.

Consequently, Justice Ekwo scheduled the next hearing for April 8 to continue proceedings.


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AXA Mansard Empowers Female SMEs with Financial, Digital Skills

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AXA Mansard, a member of AXA has empowered 200 female Small and Medium Enterprises with financial literacy and digital business skills.

In collaboration with SME 100 Africa, the two-day training, which was held in Lagos, is part of AXA’s lined-up programmes to commemorate this year’s International Women’s Day.

Speaking, Olusesan Ogunyooye, Head of Marketing AXA Mansard, said the training was aimed to empower female SME owners with skills to improve business output and position them for the increasing economic opportunities available in an increasingly digital marketplace.

Ogunyooye noted that the move was in line with AXA Mansard’s sustainability agenda, explaining that the company was convinced that support for women through its inclusive protection programmes was pivotal to its purpose of acting for human progress by protecting what matters and its mission of moving from being a payer to a partner.

He further said that focusing on digital skills was important because the company realised the importance of digital skills to the growth of the SME sector in Nigeria and wants to ensure that women were empowered enough to be a consequential part of that growth.

“It’s almost trite to say that SMEs are the engine for economic growth, especially in developing countries like Nigeria, where over 45 million adults are business owners. What needs to be continually discussed is how Nigeria is going to unlock that potential for economic development and how much of that potential will be unlocked by women and for women.”

“For us at AXA Mansard, we are aware that digital will play a major role in unlocking these current opportunities and Nigeria’s economic future. So, to ensure that women are equally represented in unlocking these future potentials, that’s why we have collaborated with SME 100 Africa to support them in developing the required skills”.

“Our choice of digital and financial literacy skills is deliberate. We understand the power of the duo. We understand that helping these SMEs with the skills to attract more customers will be a faster means to empower them.

“We see that they have amazing products and services, but they need to understand how to attract value for themselves by attracting the right customers, and you will agree with me that virtually all customer segments are online in one way or another today.

“So, if we can empower them with digital business skills, we would have helped them with the heavy lifting of trying to find and attract customers”. Ogunyooye explained.

According to him, AXA Mansard believes that for the world to experience progress truly, there must be an equitable distribution of creation and access to opportunities for men and women. This quest for balance informed the SHE for Shield initiative, a women-centred inclusive protection programme of AXA Mansard.

SHE for Shield is a group of initiatives designed for the Nigerian woman. The goal is to see them grow, add value, and help them mitigate risks at every step.

According to the company, research has found that access to health care is one of the most important things to Nigerian women, regardless of their economic segment. They desire to be financially independent, secure, and respected in the community.

 


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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

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IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.

IFC’s investment in 4DX Ventures Fund III will come from IFC’s $225 million venture capital platform, which was launched last year to strengthen emerging VC ecosystems and invest in early-stage companies in Africa, the Middle East, Central Asia, and Pakistan.

Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023. Access to capital on the continent has been further exacerbated by a slowdown in global venture capital investment.

Tech ecosystems are nascent, or even nonexistent, outside of more established markets such as Egypt, Kenya, Nigeria, Senegal, and South Africa.

“IFC and 4DX Ventures share the commitment to supporting tech entrepreneurs with innovations that will help Africa leapfrog in critical areas such as climate, health care, fintech, e-commerce, and education,” said Walter Baddoo, Co-Founder and General Partner of 4DX Ventures.

“We look forward to partnering with IFC to help promising tech startups build transformative businesses and realize sustainable development impact on the continent.”

4DX’s new fund will invest in companies with tech solutions that can improve productivity, efficiency and competitiveness across Africa. The firm’s first two funds invested in companies such as Egypt-based e-commerce platform MaxAB, an IFC portfolio company; Ghana-based health tech firm mPharma; and Kenya-based B2B e-commerce platform Wasoko, formerly known as Sokowatch.

“By supporting the development of tech ecosystems in emerging markets, IFC’s venture capital platform aims to improve access to key services, boost business competitiveness, and promote job creation through digital transformation,” said Mohamed Gouled, Vice President of Industries at IFC.

“Our investment in venture funds such as 4DX Ventures will help African entrepreneurs access more financing and resources they need to scale tech innovations and bolster sustainable growth across the continent.

In addition to providing capital, IFC will work with 4DX Ventures to implement their environmental and social management system.


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