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Gov.Udom Receives Post COVID-19 Economic Committee Report

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Udom Gabriel Emmanuel, Governor of Akwa Ibom State
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Governor Udom Emmanuel of Akwa Ibom State has received the report submitted by the 20-member committee put together by his administration to reposition the state for the post COVID-19 economy.

 

The report was submitted on Tuesday, June 9, 2020 at an event which had in attendance the governor and members of the State Executive Council.

 

The committee which had Prof. Akpan H. Ekpo, a former Director General of the West African Institute for Financial & Economic Management (WAIFEM) as Chairman and Prof Emmanuel Onwioduokit, HOD, Economic, University of Uyo as Secretary; also boasts a number of prominent entrepreneurs including Leo Stan Ekeh, Chairman, Zinox Group; Udom Inoyo former Executive Vice Chairman of ExxonMobil as well as other eggheads from the corporate and academic circles as well as seasoned administrators in its fold.

 

The 142-page report was divided into nine chapters, each of which addressed specific areas of interventions or terms of reference on what should be done in rejigging and restructuring Akwa Ibom state to navigate the post COVID-19 world.

 

Equally important, the report was classified into three different time frames, namely the immediate, short term and long term interventions.

 

They include mental orientation of the people, especially the youths; focus on agriculture, industry and service as potential mainstay of the Akwa Ibom economy in a post COVID-19 world without oil; massive efforts to continue the industrialization process in the state, increased participation of the youth in the economy and stamping out of cultism/other criminal activities in the state; completion of the Science Park to serve as a Silicon Valley of sorts for Akwa Ibom state as well as for job creation and improvement of Internally Generated Revenue (IGR); massive investment in infrastructure; re-visitation of the state’s waterways transportation; full autonomy for the state’s internal revenue board by disengaging it from the public service and the establishment of clear targets for it; recapitalization of state-owned financial institutions such as the Akwa Saving & Loans Ltd. and provision of credit facilities for low-income housing for residents; set-up of an independent data generation institution to aid the state’s planning purposes; inauguration of an Economic Advisory Council to assist in the conceptualization, formulation and implementation of government policies; establishment of a Reserve Fund to see the state through lean periods; recommendation of an exit plan for the state’s commercial ventures; identification of low-hanging fruits that the state can immediately take advantage of and the creation of a 30-year strategic development plan to be passed into law in the state.

 

Receiving the committee’s report, Governor Udom heaped praises on the members of the committee for completing its work within the one-month time frame outlined.

 

Specifically, he singled out two non-indigene members of the committee – the Zinox Chairman, Dr. Ekeh and Prof. Vincent Anigbogu, Director-General, Institute for National Transformation –   for special praise.

 

‘‘On behalf of the good people of Akwa Ibom State and the Executive Council, I want to appreciate the members of this committee, beginning from the Chairman, Prof. Akpan Ekpo, the Secretary, Prof Emmanuel Onwioduokit and most especially those our brothers, Prof. Anigbogu, Leo Stan Ekeh and our sister Mary of the Securities and Exchange Commission, as busy as she’s been who still created time to serve her state irrespective of her busy schedule.

 

‘‘I really want to appreciate all of them specifically and convey the gratitude of our own people.

 

“I want to say we are grateful to Prof. Anigbogu, to Leo Stan Ekeh and all the Akwa Ibomites who have served on this committee.’’

 

Reacting to the recommendations of the committee, the Akwa Ibom Governor disclosed that his administration will implement every single one to the letter.

 

He also commended the innovative ideas for repositioning the state and empowering the youths through ICT, even as he welcomed the idea of mental re-orientation.

 

‘‘The only way forward and the fastest approach; I believe when I read your report, I will see as one of the low-hanging fruits, is to drive our youths through ICT.

 

“For this, we have to work with our brother, Leo Stan Ekeh, a friend of the state, who in fact, we must give a local government which he will adopt as the one he hails from in Akwa Ibom; so that he can help us drive the aspect of youths and ICT.’’

 

Referencing the growth of platforms such as Zoom, Microsoft Teams and Netflix, the governor affirmed that COVID-19 had created a number of business opportunities for people through ICT, noting that a lot more are coming.

 

‘‘I wouldn’t want Akwa Ibom to be left behind,’’ he declared.

 

On the 20-year strategic development plan for the state, Udom expressed excitement with the recommendation.

 

Also, he stated that the Executive Council was working on a similar proposal, noting that the proposal had undergone two reviews.

 

Subsequently, he assured of his commitment to conclude the economic plan as quickly as possible.

 

Equally important, he revealed the immediate set-up of a five-member implementation committee headed by the committee Chairman, Prof. Ekpo to see to the immediate execution of the report submitted by the committee.

 

Others include the Secretary, Prof. Emmanuel Onwioduokit; former Executive Vice Chairman, ExxonMobil, Mr. Udom Inoyo; Commissioner of Agriculture, Dr. Glory Edet and Hon. Eno Uwan.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

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An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five months’ imprisonment for stealing ₦48.9 million from Access Bank Plc.

Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

Justice Rahman Oshodi convicted Faleti, 64, on five counts of stealing after finding him guilty of charges filed by the Economic and Financial Crimes Commission (EFCC).

In his judgment, Oshodi said the offence was deliberate and sustained, noting that Faleti carried out repeated withdrawals despite knowing he had no authorisation to access the funds.

The judge added that the convict failed to show genuine remorse or fully accept responsibility for his actions.

“Financial institutions are the lifeblood of our economy and public confidence in them must be preserved,” Oshodi said, adding that “Those who attempt to defraud or steal from banks must understand that severe consequences will follow.”

While acknowledging Faleti as a first-time offender, the court said a custodial sentence was unavoidable.

The judge applied a 20 per cent reduction from the three-year maximum sentence, citing minimal restitution efforts as a mitigating factor.

Faleti was sentenced to two years and five months’ imprisonment on each of the five counts, with the sentences ordered to run concurrently.

The court directed that the sentence take effect from January 5, 2026, and ordered that Faleti’s biometric details and name be entered into the Lagos State Judiciary offenders’ registry.

After deducting ₦3 million already restituted, the court ordered Faleti to pay an outstanding ₦45.9 million to Access Bank Plc, directing the bank to notify the court upon full recovery of the funds.

Earlier, Mr Ahmed Dambuwa, EFCC counsel, told the court that Faleti dishonestly converted ₦48.9 million belonging to the bank by exploiting unauthorised access to an Access Bank credit card.

He said the card permitted withdrawals of not less than ₦43,000 per transaction, but a system glitch enabled Faleti to withdraw about ₦48 million during the COVID-19 pandemic in 2020.

One of the charges stated that between July 2 and July 10, 2020, Faleti converted ₦12.6 million for personal use, while another alleged that between May 22 and July 1, 2020, he converted ₦6.9 million, all property of Access Bank Plc.

The offences were said to contravene Section 287(1)(a) of the Criminal Law of Lagos State, 2015.


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974 Nigerians Face Imminent Deportation from Canada Amid Enforcement Surge

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974 Nigerians Face Imminent Deportation from Canada Amid Enforcement Surge – No fewer than 974 Nigerians are currently facing imminent deportation from Canada, according to official data from the Canada Border Services Agency (CBSA).

The affected individuals fall under the country’s “removal-in-progress” category, signifying that deportation proceedings have commenced but remain inconclusive, pending final arrangements such as travel documents. Between January and October 2025 alone, Canadian authorities deported 366 Nigerians, marking a significant uptick from previous years.

Of these, approximately 83 per cent comprised failed refugee claimants, while criminality accounted for about four per cent of cases. Nigeria emerged as the only African country in Canada’s top 10 nationalities for deportations in 2025, securing ninth position, while ranking fifth among those awaiting removal.

This contrasts sharply with 2023 and 2024, when Nigeria was absent from the top 10 deportation list, though figures reflect an eight per cent rise over the 2019 total of 339 removals.

Canada’s aggressive enforcement drive has seen nearly 400 foreign nationals removed weekly, culminating in 18,048 deportations during the 2024-2025 fiscal year at a cost of about $78 million.

The initiative draws support from an additional $30.5 million for removals and $1.3 billion for border enforcement, aimed at bolstering immigration controls amid pressures on housing, employment, and security.

Canada remains a prime destination for Nigerians outside the United Kingdom and United States, with over 71,000 acquiring citizenship between 2005 and 2024, alongside thousands arriving annually as students, workers, and permanent residents.

Under Canadian law, those issued enforceable removal orders must depart voluntarily or face enforced exit. The CBSA’s nationwide inventory lists 29,542 individuals in removal-in-progress as of late 2025, dominated by failed refugee claims at 15,605 cases. Nigeria’s 974 cases place it behind India (6,515), Mexico (4,650), USA (1,704), and China (1,430).

Immigration lawyers caution that passage of Bill C-12 could escalate deportations by imposing permanent bans on certain refugee claims and curbing late filings.

Authorities attribute the push to restoring system integrity, with non-compliance by refugee claimants driving most inadmissibility findings.


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HURIWA Demands Accountability from SEDC Over N140Bn Budget Utilisation

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The Human Rights Writers Association of Nigeria (HURIWA) has challenged the South East Development Commission (SEDC) leadership to provide transparent details on achievements recorded in its inaugural year despite an approved budget of N140 billion for 2025.

HURIWA Demands Accountability from SEDC Over N140bn Budget Utilisation

SEDC

HURIWA’s National Coordinator, Comrade Emmanuel Onwubiko, disclosed that the group’s researchers found no concrete evidence of infrastructure projects executed in the South-East region for the benefit of the Igbo people since the commission’s inception.

Efforts to obtain specifics from Senate Committee Chairman on SEDC, Senator Orji Uzor Kalu, and Governing Board Chairman, Chief Emeka Wogu, yielded vague responses, with Wogu citing a mere “road map” and Kalu claiming no information was available.

The rights group recalled that the National Assembly approved N140 billion for SEDC in the N54.9 trillion 2025 budget passed on February 14, matching allocations for other regional commissions like South-West, South-South, and North-Central, while North-West received N145.61 billion and Niger Delta Development Commission (NDDC) got N626.53 billion.

President Bola Tinubu signed the SEDC Establishment Bill into law on July 24, 2024, with the board inaugurated on February 12, 2025, under Chairman Emeka Wogu and Managing Director Mark Okoye.

Okoye, in his inaugural address, quoted the World Bank estimating a $10 billion annual investment need over 30 years to bridge the region’s infrastructure gap, pledging collaboration with states, private sector, and partners to build a $200 billion economy by 2035.

Priorities outlined include security and investment infrastructure, agriculture, industrialisation, technology, innovation, and human capital development, amid challenges like insecurity, low ease-of-doing-business, unemployment, and 2,500 erosion sites displacing thousands.

HURIWA noted that while the commission’s creation sparked optimism to address post-Civil War neglect, bureaucratic hurdles, political meddling, and funding opacity threaten its potential, aligning with President Tinubu’s Renewed Hope Agenda for inclusivity.

The group described SEDC’s performance as a “spectacular failure,” urging Igbo youths and intellectuals to demand accountability to prevent elite capture of funds meant for roads, housing reconstruction, ecological remediation, agriculture, manufacturing, technology, railways, and energy projects in Abia, Anambra, Ebonyi, Enugu, and Imo states.

Onwubiko warned that pocketing the cash-backed N140 billion would betray the Igbo people’s development aspirations, calling for immediate disclosure of expenditures and verifiable outcomes.


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