 We're back with the breakfast and plus TV Africa. It's time for us to go through the papers. Chris Kennedy, one who joins us this morning. Chris, thank you for joining us. We really do appreciate your time. Always a compliment of the season. Good morning. It's going to be on the program this morning. Yes. All right then. Let's quickly take a look at the punch newspaper. Rising attacks vote buying 13 polls on a Christ out. These are the issues ahead of the 2023 elections. Commission says violence may merit election. Prevent presidential poll winner from emerging. Electro body plans supplementary budget to replace destroyed buildings, equipment, others. I think this was also a focus for us. I don't think it was yesterday. IGP FCC boss wants politicians against inducement. Survey puts 33 state on vote buying watch list. Wow. Goofy, what is that? I mean, I'm sure that, you know, our guest will be sharing his thoughts, but I'm already taking a back if you have 33 state out of 36, including the FCT. Court stopping Mephile's arrest. Groups lack or back. CBN governor. Narrow redesign will affect poor Nigerians. SMEs. That's what the World Bank is saying. Again, federal government begins 11 power projects. Plans 3,750 megawatt generation. I mean, we should be moving beyond this when you look at the population as a country. Money laundering occupies pays 13 million narrow escape to jail or jail 10. That's how the punch captions, but we won't move away for the want of time to all the papers. Alright, let's quickly look at the next paper this morning. And of course, we're looking at the nation newspaper with the following headlines. The lead one there. Workers to get better deal, Tinibu assures NLCTUC. Workers to get better deal, Tinibu assures NLCTUC. How we will stop vote buying by IG, INEC, a bandit skilled 28 in Southern Kaduna, Petroskesity, possesses motorist groan, obese campaign, DG, and jail two years for money laundering. That's the whole story. We'll look at that as we go on. Well, let's move away from the punch punch newspaper, the nation newspaper. And we quickly take a look at the Guardian. The Guardian says APC failed on 40,000 megawatt promises rationing of 4000 megawatts. And the stakeholders insist Buhari failed in sector despite 1.7 billion intervention, three billion dollars loan, Nigerians paying for darkness. Sector worse in the last seven years. There's a lot of thoughts as regard, you know, the past sector. Politicians unhappy with moves to block vote buying says INEC, how can these things be right? Well, that's the much we can take this morning on the Guardian paper. We'll look at more papers as we proceed. But we want to bring in, I guess, at this time because I want some time. Chris came to wonder. Chris, good morning to you once again. The situation with the DG of the OBE campaign organization has gotten a lot of people talking. Yes, the papers are saying he was jailed two years for money laundering. The two years is concurrently. It's not just one one two year sentence. He had I think two two year sentences on counts 30 34 to count 15 nine. That's 26 counts in all. And 500,000 per count. We had to love 12 million Naira. He was able to pay the amount of money, the fine that they gave him for each count between before 4 30 p.m. or by 4 30 p.m. Yesterday and avoided being handed over to officials of the Nigerian Correctional Services to be taking to Kuja prison spend some the next two years. What are your thoughts on this? Is this does this cast a bad shadow on the Labour Party in Pito B himself or something? Yes, as far as the law is concerned, as of this morning, Dr. Do you think it's an S conflict that's been committed by the court for is not no is no longer an alleged an allegation that is a brutal conviction of a constitutional court in the federal public of Nigeria. So as of this morning is an S conflict. And I want to believe that the Labour Party knows what is good for it. And the Labour Party presidential candidate who has been preaching on the issue of corruption, integrity and likes. Once Nigeria has to believe him and take him seriously, he has to immediately as of this morning is engaged. Dr. Do you agree as the director general of his campaign organization that is a very, very huge setback and he has the moral right to be with Pito B, our main DG of that campaign organization because anything that will be said now will be aligned and will be compared to the passing of his director general and he who comes to equity, as we say in law, comes with quickly hands. So it's quite unfortunate. This is a case that I've been up some time here. I'd like to have engaged in morning learning to do about 702 million Naira at the end of Pito according to what we read was able to complete his bailout and participate with about 30 million Naira yesterday. But that's been, as he said, it will be to build a party that remains a convict. And if my international capacity suddenly right, as a less convict, you cannot impun, participate or stand in a relation for some years. But that is left for other lawyers to be able to that if he was next, I saw this morning, I personally think that Dr. Doyoku should be relieved of this position. If Pito do really want to get as much support, especially with the kind of movement he's moving towards the 2020 election. Well, the next question would be whether this would affect the labor party in terms of how they're being perceived and also the outcome. I mean, how people will vote ahead of, you know, the 2023 elections, especially when it feels like we're tilting towards integrity, casting or morality. I mean, morality has a yardstick for the 2023 elections. Would this particular happening or even that is actually a core, do you think that it would take it all on the labor party would also affect how Nigerians vote? In law, we say there's a difference between morality and law. Morality is wanting, in law is surrounding that. Morality is more of a perception of what people feel about you. And as I already said in my opening statement, the perception and chance we have with Pito be changed from today, if he does not do the right thing, or if the party did not do the right thing by relieving the director general off of the campaign opposition, if they refuse to do it, that means that they have indirectly behind him and supported his act, which is not good enough for the campaign. I think the campaign team will do itself a world of good by easing out, as a teacher of that campaign. It can be sent to other committees where he can be working silently. The big arrow head and the face of the campaign team is a big moral question. And that in itself will be a very big challenge. But that will make people to, to affect Pito's big chances. It's neither here nor there. Don't forget that people are not voting for Pito. They are going to vote for Pito. But I don't think he needs that moral body for now. All right. But let's quickly look at the punch now and talk about, you know, the energy issue. The federal government has said that, you know, she has plans of projection of about 3,000 megawatts with the new power plants, injecting it into the system. Do you think that this would actually in any way, you know, help the power situation of the country, especially when we're looking at, you know, 211 million Nigerians, approximately? Probably this neither here nor there. We have currently about 4,000 and we are in here to 7,000, yeah, 7,000, 3,000 megawatt. That's a good one. That's close to about 60 percent or there about. But that is not an issue for me because one thing is to generate and that thing is to distribute. If the distribution channels don't have the capacity to be able to carry out what they are generating, then that's, that's what you normally have outtakes. So if the distribution channels can only carry about 5,000, we are generating 7,000, then that becomes an issue. Our problem has not really been, I don't think our problem has been that of generation. I know that at a point we are generating that, but the capacity to be able to channel that through the distribution for us and to get to holds is where the problem is. So what we need, for example, is an expansion program on the distribution channels so that we can be able to have more capacity to be able to take more from the, from the, from the generation. And if you look at what the guide and others, it's published cover leads. It says that the APC government failed its promise to generate or to generate and distribute 14,000 megawatt. This was the promise. Now we are talking about 4,000. That is what they even made about 5,000 and leaving with it in the next few months. They promised to generate at least, to be able to generate about 10,000 every year. That was the promise the APC made in 2015. But now they are not, they could even sustain the one that they have. So that is the issue for me. And Nigeria has been made through the analysis for electricity that they don't employ us. Estimated bill, since the other of the day, people are paying for only few houses which are that is up to 30 percent have been paid with us. Others just live on estimated bills that even for 25 days out of 30 days, we don't have electricity. You still see this electricity companies coming to BU. And also the, the discourse also having issues which is right from some days back, the government came out with a policy that the indebted banks should be able to take over some of these discourse. And I know that some of them have already been taking over. I know they are taking electricity, having serious issues. The bank wanted to take it over. A lot of our budget has been taken over by the now bank in Nigeria. And that is the issue we are having. When we went into privatisation during the good, large enough time era, nobody did the due diligence to make sure that it's the perfect capacity in terms of funds and ability, technical ability to handle this issue. And that is what is, we are facing non-spirited challenges we are facing. All right. Let's stay with the nation, Nisropa. I mean, I face this situation myself. Petros Kessiti persists, motorists groan, the queues are still with us in Lagos, marketers are seeking equity allocation. It seems the DSS is turning out to be all bark and no bite. What are your thoughts on where we are right now? Well, while we are still on the ESEC, let us also talk about that. The ESEC is another, another round of battle now with the government of the central bank. Yes, another DSS issues and ultimately marketers few weeks back. And I think it was on this program where you are on another channel that I was talking about, that was just an empty thread. There's nothing DSS can do about it because the nobody problem is going to challenge and face the problem as it's squarely and scarcity. And we will be able to bring up our refineries to be up and running. We want them to depend on fuel importation as we do close to about 100% importation. Then the DSS does not DSS has no capacity to be able to ask marketers to supply. Are you going to supply what you don't have? No, it's not possible. So I said that we'll just there's a hot air that the DSS was blowing and I'm right about that because we're just barely to base 28. We have barely purchased Christmas and Nigerians are still finding it difficult to get through and across. If it's biting this hard in a state like Lagos and Apuja, I imagine what is happening in my state of mind and other remote states outside the major cities of Nigeria. And that is where the problem is. And that would jeopardize that with the issue between the DSS and the government of central bank. I read this morning that because a high court sitting in Apuja have stopped the DSS from arresting the government that report coming up this morning that the court in Apuja has stopped that and said that DSS would not have the right to do that. That if they want to arrest you, you don't need to come to court and go out and arrest them. But I sent to court to mandate it to arrest the CBN governor on trouble charges of terrorist, supporting terrorism. It's a heavy accusation and that they are not going to give that directly. But that to me is the big issue. And that in a second is going to affect our monetary policies, as far as what the central bank is doing now with the issuance of the new Niran bill, withdraw all points. And I heard you and Kofi talking about this money, about the new Niran bills, which are not even easily made available to the banks. But mostly, you say you have not gotten it. This is the new Niran. I've gotten it. So you know what I'm talking about. No, I mean, this is, I got some yesterday. Can I, can I, can I just take it through the screen? I'm trying to take it through the screen. I'm just trying to, but it's not working. Yes. That is the best. I will tell you for Kofi that getting it through the bank spending because that was at the bank. I have to say that they can only give me 5,000 Niran after what they ask. But that is the problem. So I will be looking at, that is Lagos, which is what some of us are saying that this policy has been reduced by the top of the central bank. We may not fly as quickly as if you are putting a cap date of the 21st of January as a cap date for withdrawal of old Niran notes. And the Niran note as of today, 28th of December has not gone round. We are talking about Lagos. I'm talking about half of Lagos. There you go. Imagine what happens and that's the solution. All right. Talking about the Niran, I just want to ship this thing very quickly. Ghana has its issues as well. We are also hoping that there won't be a scarcity of funds in the banks and we see the kind of queues in Nigerian banks like Arizona, Argentina, and Greece. In Ghana, they're having a cash crunch and the Ghanaian government has suspended payment of foreign debt. It's getting worse for the Ghanaian economy. What are your thoughts on what's happening in next door? Yes, they are almost having the same issue Niger is having. But I think Ghana is a much, much better position. If you look at our debt profile, last time we were looking at about 10 plus to about 40 trillion Niran, that is huge. And the problem we're having, which Ghana is facing now is also that we are not paying back the debt. We are only paying interest on the debt. And those are loans that were collected, majority of it were collected under this government. And this government is even about six months. That is why I'm going to say that IPT, whoever is going to pay back the money, whether APCO, PDPO, or labor, or NMPP, whichever government is going to take over, we are going to see a paradox of so many revelations that is going to come true. It might even be worse than what we are doing at Good Love, Dunatown. The only way this government can be able to sustain this level of integrity is IPC and IPT too. That means they want to cover themselves and just have a wrap on it and try to arrest some of the anomalous pets where a serious, severe situation. And Ghana is also the largest in that. But our problem is self-inflicted unlike that of Canada. Because what the problem we are having is that we are not doing what we're supposed to do. If we're exporting as much as we're supposed to do, this is a relying only solely on oil, plus over 80% of our foreign economy. If we have diversified our energy into areas like mining, like agriculture, and the rest of them, we would not be any more. So many countries are in prosperous nature, especially oil-producing countries. What Aramco is doing in Saudi Arabia, how much they are making, and other countries into exportation of crude oil. How was, instead of making more, we are using so much, practically on a daily basis, at the rate of almost $2,000 per day that I've been meeting our public, we should have been in more better position, like a country like Angolan, which is also dependent seriously on the export of crude oil and the rest of them. But I cannot do the writing, that is why I want to access, but there's a small country, a country under the ultimate environment area, at least in bed. Nigeria has to do the rifle, and I hope that in the coming months, our leaders will be able to do the writing, and make sure that they will not continue to go down the side. The poverty level in our country is almost about over 130 million nitrias under poverty level. That is a huge population. Well, I mean, I wish we had more time to talk about some of that issue, especially the consent of INEC, the increase in attacks, and also the issue of vote buying. Some states have been flagged as, you know, likely and has been identified as, you know, flashpoint for a vote buying, 33 of them. But Chris came to wonder, hopefully we're able to have this conversation as we inch closer to 2023. Thank you so much for being part of the breakfast. I will send you the other side of Chris, I have a wonderful Christmas side. All right, all right. You know, you can send some of those narratives to us so that we can look at it well and understand what we call an investigative journalism. Let me use it but I'll say how wordy it is. All right, Chris, Merry Christmas to you. Thank you so much. It's still the breakfast and plus, if you have calb next, we're looking at the cost of cooking gas and the efforts by consumers to ensure government does an evil, make it more affordable and available to Nigerians. Stay with us.