Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections | Fastest Delivery Of Magazine
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President Muhammadu Buhari is the Commander-In-Chief of the Armed Forces, that’s how ’s Chief of Army Staff, Lt.-Gen. Tukur Buratai, described him today Wednesday and therefore charged officers and soldiers of the Nigerian Army to be loyal and obey his orders or resign from the service.

The latest order is coming a few hours President Buhari directed the military men and police officers to deal ruthlessly with anyone who makes attempt to snatch ballot box or snatched ballot boxes during elections.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections SOLDIERS A

Buratai gave the ultimatum at an expanded weekly meeting with Principal Staff Officers (PSOs), General Officers Commanding (GOCs) and some field commanders at the army headquarters in Abuja.

He said, “the foundation of military professionalism is discipline and without discipline an army cannot stand. One of our core values is loyalty to constituted authority. Loyalty must be hundred per cent.

“Should any officer or soldier have doubts as to his loyalty to the Nigerian State as presently constituted, such a person has up to Feb. 22, to resign.

“There is no room for indiscipline or disobedience to lawful orders in the Nigeria army today.’’

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Soldiers1
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Buratai also said that the expanded meeting was to review security strategies put in place for the Presidential and National Assembly elections on Saturday, reported Daily Trust.

He recalled that two weeks ago, the strategies were planned in a similar meeting until the elections were rescheduled to Saturday and March 9, from Feb. 16 and March 2.

The army chief decried some politicians’ reaction to President Muhammadu Buhari directive to security agents to deal ruthlessly with ballot box- snatching.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Buratai 1

“It is unfortunate to hear persons who are aspiring to rule this country again inciting the army to disobedience.

“We have consistently stated our position in the political dispensation to remain neutral and apolitical.

“However, direct and public incitement of the Nigerian military against democracy and constituted civil authority will not be tolerated.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections KADUNA
Nigerien soldiers patrol a camp of the city of Diffa during the visit of Niger’s Interior Minister Mohamed Bazoum following attacks by Boko Haram fighters in the region of Diffa, Niger June 18,2016. Reuters/Luc Gnago

“I request such persons to withdraw this inciting statement.

“Let me re-emphasize loud and clear, that the Nigerian Army is a professional army,’’ he stated.

He, therefore, ordered commanders to deal decisively with any electoral crime or action that could be inimical to national security.

Buratai further directed them to ensure that they and personnel under them did not hobnob with politicians.

“In this regard, there will be no military escort for any politician and all Nigerian army personnel are to stay clear of retired military officers, especially those who are now politicians until after the elections.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Soldiers 2

“Commanders are to conduct extensive patrols within their Area of Responsibilities (AORs).

“They must ensure that all flash points within the area are dominated.

“Commanders must, in conjunction with the Nigeria Police Force, enforce the restriction on movement within their Area of Responsibilities (AORs).

“All vehicles must be searched and suspicious persons or vehicles arrested/impounded and later handed over to the police,’’ he said.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Buhari Buratai Borno

According to Buratai, thuggery, snatching of ballot boxes, illegal possession of elections materials and similar crimes are intended to mar an and create deliberate avenues for post- violence and mayhem.

He said that such actions could also become more damaging when they are widespread, leading to destruction of lives and property.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Soldiers Invasion

Buratai noted that such incidents in past elections were often planned and orchestrated by politicians, but said that the army had hitherto been cautious in its approach.

“However, this time around the Nigerian army will adopt a proactive posture that ensures that similar incidents do not even arise.’’

He noted that Nigerians had generally expressed disappointment with the postponement of the elections, adding that it increased apprehension in the populace and international community.

He, however, assured that the army alongside other security agencies, would rise to the challenge of ensuring a peaceful outcome of the rescheduled elections.

Buratai said that there was need to give confidence to Nigerians and reassure the international community that all would go well in the electoral process.

He insisted that the unity of Nigeria was not negotiable, “hence those who seek to undermine its democracy by interfering in its electoral process must be seen as enemies and dealt with appropriately.

“Our role is aptly captured in the 1999 Constitution of the Federal Republic of Nigeria (as amended) and we must defend Nigeria’s territorial integrity as well as act in aid of civil authority when called upon to do so.

Resign NOW! If you can’t obey President Buhari’s order, Buratai tells military men ahead of Saturday elections Soldiers

“Therefore, commanders must with all stakeholders, interest groups and agencies to avert any act by any individual, groups or entities that seek to undermine our democratic process.’’ (NAN)

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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Buhari meets Dangote, Otedola, others in Aso Rock

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Buhari meets Dangote, Otedola, others in Aso Rock IMG 20190524 215018 1024x742

President Muhammadu Buhari on Friday hosted members of the Business Community and officials of the All Progressives Congress (APC) to Iftar (Ramadan breaking of fast) at the State House, Abuja.

The News Agency of (NAN) reports that the Secretary to the Government of the Federation, Mr. Boss Mustapha and the Chief of Staff to the President, Malam Abba Kyari were among the government functionaries at the fast-breaking event.

Members of the business community in attendance of the fast-breaking meal included Alhaji Aliko Dangote, Femi Otedola, Tony Elemelu, Alhaji Isiaka Rabiu and Chief Emeka Offor.

Others were the Chairman of the Sahara Group, Kola Adesina and the Chairman of the National Union of Road Transport Workers (NURTW), Alhaji Najeem Yasin.

The National Chairman of the APC, Comrade Adams Oshiohmole, immediate past national chairman of the party, Chief John Odigie Oyegun; the party’s National Vice Chairman, North West, Inuwa Abdulkadir and other party officials also joined the president to share the fast-breaking meal.

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Real owners of MTN Nigeria revealed

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real owners of mtn nigeria revealed Real owners of MTN Nigeria revealed screenshot2019 05 24 10 48 35

 

 

 

Last Thursday’s listing of MTN shares on the Premium Board of the Nigerian Stock Exchange (NSE) has made it possible to identify the shareholders of the telecoms firm.

Many Nigerians believed the Nigerian government owned part of the South African firm through an unspecified equity holding by the Nigeria Sovereign Investment Authority (NSIA).
But a review of the listing memorandum filed by MTN Nigeria in support of its application for the enlistment of its shares on the NSE revealed the profiles of the shareholders of the company.
The list did not include either the Nigerian government or the NSIA. PREMIUM TIMES learnt that the NSIA investment “is very small” and could not have been listed among those of the big players.
The document dated May 15, 2018, showed 11 owners of MTN Nigeria. They own the entire 20,354,513,050 Ordinary Shares of the company valued at about N407.1 billion as at the time MTN applied to be listed.
They include the majority shareholder, MTN International (Mauritius) Limited, which has the controlling 76.08 per cent equity, or 15,485,544,050 shares valued at about N309.71 billion, and Stanbic IBTC Asset Management Limited with 9.77 per cent stake or 1,988,269,050 shares valued at about N39.77 billion.
Also included are six Nigerians, who are non-executive directors of the board. Each represents various foreign interests in the company.
Victor Odili, a Nigerian, and Chairman of Aeromaritime Group of companies, a group specialising in the maritime and oil and gas sectors of Nigeria’s economy, is a member of the board. He holds 806,886,900 shares, or 3.96 per cent interest, valued at about N16.14 billion indirectly on behalf of Hermitage Overseas Corporation.
Also, Pascal Dozie, a Nigerian and founder of the defunct Diamond Bank PLC, is the Chairman of the Board of Directors. He holds 340,409,900 shares, or 1.67 per cent equity valued at N6.67 billion, indirectly, on behalf of Celtelecom Investment Limited, NISPVLimited.

 

 

Another Nigerian, Sani Mohammed Bello, a co-founder of AMNI Petroleum, an indigenous oil and gas exploration companies, is the vice chairman of the board. He holds 265,092,150 shares (1.30 per cent equity) estimated at about N5.3 billion indirectly on behalf of One Africa Investment Limited.
Babatunde Folawiyo, a Nigerian and Chairman/Chief Executive Officer of the Yinka Folawiyo Group, holds 218,815,100 shares, or 1.07 per cent equity, valued at N4.01 billion on behalf of Universal Communications NISPV Limited.
Similarly, Gbenga Oyebode, a Nigerian and founding partner of Aluko & Oyebode law firm, represents the interest of N-Cell NISPV Limited. He holds 181,776,250 shares, or 0.89 per cent equity, valued at N3.27 billion.
Ahmed Dasuki, a Nigerian and founder of Quaditect Consultants, represents NISPV Limited/ SASPV Limited, which controls 177,717,850 shares, or 0.75 per cent equity valued at about N2.89 billion.
Government Employees Pension Fund (Represented by Public Investment Corporation SOC Limited) were also listed as owners with 355,281,650 shares (1.75 per cent equity) valued at about N7.11 billion.
Also, Mobile Telephone Network N.I.C.B.V holds 559,720,150 shares, or 2.75 per cent, valued at about N11.19 billion.
Robert Shuter, Ralph Mupita, Jens Schulte-Bockum, Ferdinand Moolman, Paul Norman and Karl Olutokun Toriola serve as representatives of MTN Group on the Board of Directors of the company.
With the listing of the company’s shares on the NSE, MTN Nigeria becomes the first privately owned telecoms company in Nigeria to attain that status.
The listing of the company on the premium board of the NSE on April 18, , resulted in the change of the company from a private company to a publicly quoted telecoms company on the NSE.
MTN Nigeria, a subsidiary of MTN International (Mauritius) Limited, was incorporated in the Republic of Mauritius, with its ultimate holding company, MTN Group.
The company was incorporated on November 8, 2000. But, it did not commence operations until 2001. Since then, the company has remained in operations for almost 18 years in Nigeria.
MTN Nigeria is reputed to be Nigeria’s largest telecoms operators, with about 67 million subscribers, controlling about 39 per cent mobile market share.

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