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COVID-19 Senate President applauds Presidential Task Force, urges better coordination of activities
President of the Senate, Ahmad Lawan, on Thursday applauded members of the Presidential Task Force(PTF) on COVID-19 for their efforts in the management of the outbreak of Coronavirus in Nigeria.
Lawan commended the Task Force for standing so firm to execute the assignment given to it.
He however advised the Task Force to have a better coordination of the donations received from public-spirited individuals, corporate bodies and Institutions to avoid duplications or the relevant bodies working at cross purposes.
The Senate President gave the advice at a meeting between the leadership of the National Assembly and members of the Task Force on COVID-19 led by its chairman, Boss Mustapha who is the Secretary to the Government of the Federation(SGF).
The meeting was also attended by the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, Deputy Senate President, Ovie Omo-Agege, Deputy Speaker, Idris Wase, principal officers and members of the relevant Senate and House Committees.
Lawan explained that the essence and focus of the meeting was for the Leaders of the National Assembly to engage with the PTF in order to understand clearly what the Task Force has been doing.
“But let me also say that this is a partnership. As you work from that side of government, we are to work with you from this side and it will take the two arms, particularly the Executive and Legislature, to implement the kind of efforts to manage and control the COVID-19 pandemic in Nigeria.
“So I want to commend you for the work you have been doing. I want to also take this opportunity to commend the Nigerian medical personnel. They have been doing quite a lot and of course commend Nigerians for showing understanding and supporting government in its effort to manage and control the Coronavirus.
“Let me also commend those who have made donations for the government to have the resources to address this situation and also those who have been praying in our mosques, in our Churches for the Intervention of the Almighty God,” Lawan said.
The Senate President offered some advice to the Task Force which job is primarily to coordinate the efforts of the Federal Government in containing the pandemic.
“I believe that there are certain things that we need to do and this is the right forum to air my views about them.
“First of all, you are supposed to be the custodian of all the challenges that we face as far as COVID-19 is concerned. If any state has a challenge, I am sure there is a proper structure and route for reporting, so that you take down the situation and take the necessary steps.
“So I want to appeal to all Nigerians across the states that this is where we should report our cases to until such a time when other avenues will be clearly stipulated.
“I also believe that you will know better what we need, where, as far as COVID-19 challenge is concerned and therefore, you will be the one to put the request for the Intervention by the Federal Government.
“I believe that we face one critical challenge today in our fight against COVID-19. We have donations made by various organisations, corporate bodies and so on but it is my candid opinion that there is no coordination.
“The Corporate Nigera, as I was told as at yesterday(Wednesday), has gathered N22 billion, the Nigerian National Petroleum Corporation(NNPC), I was told had 28 million dollar, CBN and the banks, I don’t know how much they have. The National Assembly, the ministers and so many individuals and Institutions have also made donations,” Lawan said.
The Senate President is of the opinion that the donations should go to just one common platform as against multiple accounts.
“I believe we must have a central body and not the PTF nor the Corporate groups should receive and manage the funds but based on what the Constitution provides for.
“Where everybody is just collecting and spending, I think it will lead us in a very bad shape. When people contribute their funds, they want to see such funds properly utilised. They want to see efficiency. They want to see transparency. They want to see accountability and of course, probity in what the funds are used for.
“There could be duplication, working across purposes. At the end of the day, there will certainly be inefficiency in the application of such resources. But this meeting is going to give us opportunity to discuss this and the way forward,” Lawan said.
The Senate President said this kind of interraction between the National Assembly and any section of the executive arm of government is to ensure good governance.
“We do so to ensure that performance is improved, that service delivery is effective and efficient. And that is our work. As we represent the people here, any programme of government that we feel needs to be reformed, needs to be re-strategise for effective and efficient service delivery to Nigerians, we will insist because this is the only way to go.
“The entire essence of government is about service delivery. Nothing more – to protect lives and property and of course, the welfare of the people.
“This is in continuation of that drive to ensure that what we do with you today will enhance the performance of the Task Force and of course, government intention of controlling COVID-19 will be realised as quickly as possible.
“We must always remember that we are working for the people of this country and we are responsible and accountable to them,” Lawan said.
In his remarks, the PTF chairman, Boss Mustapha said for transparency and accountability, the Task Force would not be directly involved in the collection and disbursement of the cash donations for COVID-19.
“The Accountant General of the Federation has already published the account details for collection through some commercial banks and also provided the modalities for it’s utilisation.
“All the main COVID-19 accounts shall be domiciled in the Central Bank of Nigeria. However, all non-cash donations shall be duly received by the PTF, acknowledged, documented and appropriately deployed,” the PTF chairman said.
The Education Ministry said it is in contact with security and education officials and is coordinating with admins and parents.
A plane carrying a group of 150 Israeli students on a trip to Poland made an intermediate landing in Antalya, Turkey, the Education Ministry said on Monday.
The landing was made following concerns about a technical malfunction, and for reasons of caution, a decision was made to stop in accordance with aviation rules.
N12 reported that a bird had entered the plane’s engine during the flight.
The high school student delegation – from Ein Kerem High School in Jerusalem – was en route to Poland on a standard school trip to learn about the events of the Holocaust. They were accompanied by security personnel from the Shin Bet, as is customary for any delegation to Poland.
The Education Ministry said that they are in continuous contact with security and education officials and are in coordination with school administrations and parents.
The Auschwitz-Birkenau concentration camp in Poland. September 19, 2021. (credit: NATI SHOHAT/FLASH90)
It was reported that all the students “are feeling well, staying in a safe and protected area within the airport, and are closely accompanied by the teaching staff who are with them at all times.”
In addition, the ministry was informed that a replacement plane is on its way to them, and it is estimated that at 3:00 p.m., they will take off for Krakow to continue their educational journey.
Holocaust learning
Israeli school trips to Poland typically take place in the winter and the summer, and, according to Education Minister Yoav Kisch, aim to allow “students to commemorate the victims of the Holocaust, to be exposed to the atrocities that took place, and to prove the victory and resurrection over the attempt to destroy the Jewish people.”
In November 2023, the ministry announced it would cancel the winter Poland trips due to the rise of antisemitism worldwide in the aftermath of the Israel-Hamas war.
…Declares a total dividend of N2.10 per share
Lagos, Nigeria, March 29, 2025: Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion.
According to the Bank’s results released on the Nigerian Exchange (NGX) on Friday, 28 March 2025, Gross Earnings increased by 87.7% to N1,043.4bn, driven by 106.9% growth in interest and similar income to N950.6bn. The increase in Interest Income was led by a combination of improved yield on earnings assets and 51.6% expansion in earnings base to N6.3tn. This led to a Profit After Tax of N278.1 billion, representing a 179.6% annual growth.
Commenting on the results, Dr. Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer, Fidelity Bank Plc said, “We are delighted with our 2024 full-year (FY) performance, which showed strong growth across key revenue lines, improved asset quality, and significant traction in our strategic business segments. Our impressive results led to a triple-digit increase (210.0%) in Profit Before Tax (PBT), rising from N124.3bn in 2023 to N385.2bn in 2024.”
A further review of the financial performance revealed that the bank’s net interest income increased by 127.1% to N629.8 billion, driven by a high-yield environment in 2024. To optimize its margin, the bank sustained its asset yields above funding cost by maintaining a high low-cost deposit profile at 92.6%. This led to an increase in its Net Interest Margin from 8.1% in 2023 FY to 12.0%.
Similarly, the bank continued to deepen its market share in both the corporate and retail segments, with customer deposits increasing by 47.9% from N4.0trn in 2023FY to N5.9trn. The increase was driven by strong double-digit growth across all deposit types. The Retail Banking Business gained significant traction with savings deposits increasing by 28.8% to N1.1trn, marking the 10th consecutive year of double-digit annual growth in savings deposits.
Despite the difficult economic terrain in 2024, the bank has continued to support the real sector of the economy by increasing its Net Loans & Advances from N3.1tn in 2023FY to N4.4tn in 2024FY.
“This remarkable performance demonstrates our capacity to deliver superior returns to our shareholders. In line with our commitment to them, we have declared a final dividend of N1.25 per share, bringing our total dividend for the 2024 financial year to N2.10 per share”, explained Onyeali-Ikpe.
Having consistently paid dividends since 2006, Fidelity Bank will pay investors a total dividend of N2.10 per share for the 2024 financial year, subject to shareholders’ approval at its Annual General Meeting (AGM) on 29 April 2024. The dividend will be paid on 29 April 2025 to shareholders whose names appear on the register of members as of 15 April 2025.
It will be recalled that the bank successfully completed the first phase of its capital raising exercise through a Public Offer and Rights Issue in 2024, which were oversubscribed by 237.92% and 137.73%, respectively. The positive result is a testament to the strength of the Bank’s franchise in the capital market. A total of N175.9bn was recognized as fresh capital in 2024 financial year from the exercise, which had a positive impact on its Capital Adequacy Ratio (CAR) at 23.5%. The bank plans to conclude the second phase by Q3 2025, ahead of the Central Bank of Nigeria’s deadline, which will further strengthen its capital base and reaffirm its attainment of Tier 1 Bank status in the Nigerian Banking Industry.
Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.
The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
By Sunday James
The gruesome killing of 16 innocent northern hunters in Uromi, Edo State, over false accusations of kidnapping is yet another damning indictment of the failure of law and order in Nigeria.
Time and again, innocent lives have been lost to the mindless brutality of mob justice, a savage and inexcusable act that has become far too common across the country.
This is not an isolated incident. Nigeria has witnessed several tragic cases of jungle justice where angry mobs, fueled by misinformation and misplaced aggression, have taken the law into their own hands.
The Aluu Four incident in 2012, where four young university students in Rivers State were falsely accused of robbery, beaten, and burned to death in a horrific public spectacle, remains one of the most chilling examples.
In 2022, Deborah Samuel, a young student in Sokoto State, was lynched by fellow students over alleged blasphemy, an incident that sparked outrage but yielded little justice. In Lagos, several suspected petty thieves were set ablaze by mobs in broad daylight without any fair trial.
Across the country, from Anambra to Kano, Port Harcourt to Abuja, numerous cases of public executions by mobs continue to surface, often with little to no legal consequences for perpetrators.
The rise of mob justice is fueled by a cocktail of systemic failures that have left Nigerians disillusioned with formal justice mechanisms.
The breakdown of law and order, where the Nigerian police fail to deliver swift and transparent justice, has led to public distrust, encouraging citizens to take matters into their own hands. Rising insecurity, including the surge in kidnappings, banditry, and violent crimes, has left many communities in perpetual fear, triggering knee-jerk reactions to perceived threats. Ethnic and religious tensions have also played a major role, with deep-seated biases making certain groups more vulnerable to targeted attacks.
The proliferation of unregulated local vigilante groups and security outfits has further emboldened extrajudicial actions against innocent civilians. Additionally, the slow pace of criminal trials and the failure to punish perpetrators of jungle justice have normalized impunity.The Edo killings, like many before them, must not be swept under the rug.
The government must ensure immediate arrest, prosecution, and conviction of all those involved in this heinous act. Strengthening law enforcement agencies to curb vigilante excesses and restore public trust is paramount.
There must be massive public enlightenment campaigns to educate citizens on legal redress rather than mob action. Strict penalties must be enforced against communities and groups involved in jungle justice to deter future occurrences.The Nigerian government must wake up to its responsibility of protecting lives and ensuring justice for all.
If mob justice continues unchecked, no one is truly safe. This latest atrocity in Edo should be the final warning: justice delayed is justice denied. The killers must be held accountable, and a nationwide crackdown on jungle justice must begin immediately. Enough is enough. The rule of law must prevail.
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