 Welcome once again to the breakfast here on plus TV Africa now Let's go to off the press where we have a quick review of the stories making headlines across Nigeria today We're going to be speaking with a demo like King Bala the publisher of the podium media. Thank you for joining us. Good morning, sir Yeah, thanks for joining us. All right, let's start with the punch newspapers should be Flashed on your screen in just a few seconds and the big one that you can see there's talking about a new strike aluminum Yes, it says fresh Vasity strike looms federal government as to resume fight on payment platforms UTS lacks tax deduction. We can't pay without deducting tax declares federal government Education ministry is wrong UTS deducts tax. It encompasses everything says ASU Also, Naira slides to 505 to the dollar as CBN stops Forex sale to BDCs federal government deploys 100 coppers in Northwest gunmen kill 344 abduct 430 in July Buari is UK trip for virtual summit deceptive and appalling says the PDP Also experts blame COVID-19 as states IGRs shrink by 22% in two years Still on the punches bonning plants trees save your houses from storms says I add a Also, Senate drops CCT chairs assaults case as judge goes to court reps probe custom killings of five in all your queues officers and Also, 11 lawyers battle for a booze bill activists faces more charges Unilor inslame female students autopsy points to strangulation says a pathologist and now moving on to the daily Independent see what we can also find here It says here been a Republic slams fresh charges on Sunday, Boho Presidency warned staff against disclosing classified information as ministers oath of secrecy on 42 personnel Also banned on Forex sale to BDCs CBN moving to check around tripping and unify FX rates as analysts apex bank retains benchmark interest rate at 11.5% COVID-19 10 cases of Delta variant detected in Nigeria and five years after switch to digital TV hits brick wall PDP berates Buhari over London trip for virtual meeting while students languishing kidnappers den Also federal government wants Nigerians in diaspora against supporting secessionist groups Nigerian bar admits 880 new lawyers and one other story here It says IGP orders posting and redeployment of 24 AIG's to the nation newspapers now It will hold to banner court. I fled Nigeria to avoid being killed Agitators sent to prison Lawyer says he is charged with illegal entry into Kotonu for the government yet to file paper before court and of course No date yet for next hearing CBN hammers BDCs for aiding graft and money laundering only banks to sell Forex as MPC retains CRR and NPR and LR rates We can also find on the nation newspapers this morning more PDP governors to defect says the presidency Zoning will work against it. It's a PDP next year Only warns and also work for the people some will who tells council chiefs Abductor sick what sick 150 million naira to free monarch and others DPO six gunmen die in emo crossfire I saw a video of that this morning of Some armed men in vehicles and motorcycles somewhere in emo state Really scary on the Guardian newspapers this morning In rare courage CBN weekends BDC operations stops FX funding Facts about Nigeria's food inflation and that's from his survey. It's on the Guardian this morning Senate chickens out Halt's probe of CCT chair for alleged assault and despite ban in Nigeria in Nigeria rather India Twitter records one point one nine billion dollars revenue in second quarter Private sector fuel in illegal financial flows in Africa ICPC alleges and also been a republic files fresh charges against Sunday ball Those are the stories that we can share this morning. Miss. I came a lot. Welcome once again I want us to start with the current travels of Sunday ball in Benna Republic. It doesn't seem to be getting better in any way for him Yeah It's getting more and more complicated by the day against all expectations and against all Assumptions and predictions the tryer is not even focusing on his extradition at all It's not focusing on a request from federal government to have him return to Nigeria at the government of the Republic seems to have a different agenda and the child that has been preferred against him for now is the legal entry and Some offenses I think The government of the Republic is also trying to buy time while diplomatic consultations continue the background this has become Celebrated case That's been a republic has found itself in the quandary. I mean it's like it's done between Satisfying Nigeria's desire and also following its own to process and the rule of law Um Strangly enough the federal government of Nigeria has not filed any statement I don't find any paper before the courts no statement as the issue and we just wondering What is going on? Okay? The citizen of your country has been arrested in a foreign land We assume that you prompted this arrest you should tell us something about it So I'm surprised that government has not said a word DSS ministry of justice nothing has been said Everything we've heard so far everything will know so far has been From the other side from the government of the Republic so that that's that is a bit strange to me to be strange hopefully in the Days to come or the weeks to come we have more information and as it is no data has been fixed for the next quarter parents But between now and then I believe that Consultations will continue in the background Negotiations will continue Hopefully before the end of the week we should hear something from from the federal government But it is quite strange that nothing has been said from a butcher. Yeah, well, I mean What would you expect that they would say at a time like this? What should be the statement from the government should they be trying to you know Protect the Nigerian citizen in Ben Air Republic or should they be fighting for his extradition back to Nigeria to? face any charges, you know that they might think of Yeah against background of the fact that he's been declared wanted by the government of Nigeria and he's now being arrested in another country Naturally, you expect the government of Nigeria to make a statement to the effect that this is want This is what we want to happen. This man is wanted in Nigeria You've arrested him in the Republic wanting back in Nigeria. Nothing of such has been said on the whole and it was a This is the bonafide citizen of the Federal Republic of Nigeria Whatever it is that he has done we're going to stand legal representation We're going to make sure that he's right and we're protected We're going to make sure that he has a right to fair airing that has not been done also So that's what I'm saying is strange. It's I I don't know what government is up to But I very much believe that a lot of consultation a lot of negotiations are going on in the background between the two governments and A compromise should be reached I also want to believe that a court in the Republic is also buying time slowing down to allow these negotiations To to move forward Okay, so either way it's just has to be taken whether you've been returned to Nigeria or we tried in the Republic Something has to be done. Yeah, all right now Let's move down here to Nigeria and talk about the CBN and it's a move against to sell in forex to BDCs It's accusing them of a graft in fraud and mismanagement of a foreign exchange How do you see this? See it as a sign of desperation by the setup of Nigeria The decision symbolizes two things basically one an attempt by the CBN to yield to pressure by the IMF and the World Bank To unify the exchange rates and to an attempt Okay to to manage the foreign resource which has been on down to your pressure, okay and Whichever way you look at it is it is asymptomatic of the bigger problem facing the Niger economy Like I said, it's a sign of desperation by a regime that has found it difficult to manage forex Okay, foreign exchange management has two sides. You have the demand side You have the supply side. Unfortunately, we focus so much on the demands side We're not looking for the supply side and as long as supply will Continues to a strip demand. There's not anybody can do about it So what government has done what's even has done is to move the rent Okay, but you move the beauty generators from the equation and empower banks Not as change really at the end of the day the banks will not be able to meet up with demands. That's the truth And what will happen a steam rate will go up Already we are special in our five narrow within 24 hours of decision Because everybody will now go to the banks. Don't forget that those be this is what created to Directly the foreign exchange market to ensure that almost everybody has Access to foreign exchange that has not worked Because we don't have enough foreign exchange Okay, so if you are saying banks should be the only ones to say foreign exchange, do they have the capacity? So what we find is that the bd separators will retain the teller that they have they will hold those tellers and create Artificial scarcity banks will not be able to meet up with demands People will be forced to go back to period change. So what will happen the rate will go up Yeah, but but do you think that the cbn has something about the country about that? Do you think the cbn has um good enough reasons for you know taking these steps? You know, they're they're saying that the bdcs have been a channel, you know for money laundering and you know and graft So do you think that it had gotten to is it possible rather that had gotten to a stage where the Needed to take action immediately Uh to ensure the a reduction in some of all of this The reason that the cbn has given stands credible, but but the approach and the question is not going to work Okay The fundamental issue is their scarcity of foreign exchange The scarcity and once the scarcity if you like Change your policy 10 times the same thing will remain. Okay Are you telling me that banks now? They have suddenly become nice guys. They've suddenly become decent and there will not be corruption. Will be corruption There won't be corruption. We're going back It this policy has taken us almost 15 or 20 years back to that era Where banks are the monopoly of foreign exchange and I remember briefly when that was the case It was a matter of whom you knew and that's what we're going back to now If the demand is $10,000 and banks have $5,000 they will ration it Okay, and let's look at the bigger picture. Who are the people getting foreign exchange in Nigeria importers? Okay, the manufacturers don't get foreign exchange Industrialists don't get foreign exchange those who really need to produce for us to export and end foreign exchange They don't get allocations Banks will rather give this money to importers who bring container from from from from china and sell Within 60 90 days they want money back So a lot of the day banks are going to make a lot of money They're going to profit from this development at the end space of Nigerian economy Okay, so it's it's it's it's a very simple situation As long as you don't have enough foreign exchange to go around there will be scarcity There will be shortages and that will drive prices up Whether you ban the UD change or not that is not the product that the solution We are we are leaving the root cause we are addressing the symptoms We need to go back to the supply side of foreign exchange We need to deliberately come up with policies that will increase the quantum of foreign exchange that is available to us We need to get the NIDP Nigeria Industrial Development Bank the CBN Commercial banks to focus on giving money to exporters who end foreign exchange. We are not doing that And that is so sad I I have very little confidence in the ability of the current CBN management To take off to the promised land the monetary policy the fiscal policies have not been working Yeah Let's um Let's uh, you know quickly move away from there and talk about asu and the federal government's on the punch this morning It says fresh vassity strike looms as a federal government asu resume fight and payment platforms You know, we're back at it again And you know, there is possibilities that there might be another strike. We Nigeria hasn't you know recovered from the nine month You know strike, um, you know from last year Um, you know, these problems don't don't seem to be going away. We we still don't seem to be getting into an agreement Uh, you know with regards payment platforms for lecturers Yeah Yeah, exactly Whenever and wherever you take decisions without consulting critical stakeholders. This is what you'll find it Okay, uh chief m kabila of black memories that you don't shift someone's head in his absence what extent of input Does asu have In this new policy Okay, you want to put lecturers on the particular payment platform. Did you consult them? Did you bring them on board to discuss? Okay, did you ensure that this is what you want already these guys are not happy that their salary is It is this one's writing about another of these new platform is taking so much tax away From the mega salary that they are earning definitely they will kick My candid advice for government is go back To negotiate in tibu. See that with asu Put all your cuts on the table be sensei be transparent There will be a solution. I do not think asu members are so insensitive I do not that they are they're so recastitrant that they don't want the best for negeria. Okay But this is these are people who are Who don't feel happy naturally about the way things are going if you're going to bring any payment platform You need to cry them along So yes, unfortunately, we are going back And there's not anybody can do If nothing is done, the strike will go on and the students will feel the brunt Sad all right really sad um Of course, it's uh, obviously going to be you know a continued conversation Um, you know here on the breakfast. We hope that we can bring somebody in to talk about this But now let's talk about the president's trip to the uk It says that he's traveling for a virtual summit here summit in education. The pdp has called it deceptive and appalling It's on the top right of your punch in newspapers this morning Deceptive and appalling. That's how it's been described. There's also been criticism With regards to president's investment in education, you know and the reason he's going for a summit when there's not been so much You know interest in education here in nigeria Yeah, absolutely absolutely I I align with that statement by the pdp The trip is wasteful. It's deceptive We all know that the man is not going for any education. He's going for medical checkup fine if We have many self education and things are working very well Why should the president be going for a summit on education at the time? There are so many issues so many critical issues to be attended to back home Why should it be the one going? So the trip is wasteful trip is deceptive It's totally unnecessary. I mean, that's not what we need at this time There's not what we need a minister of education or somebody in the ministry Could have represented the country It is not a summit that requires a president to attend a president who feels that there's so much for him to do Atom a president who who feels the need Okay to address funding issues back at home will not abandon all of those issues and And and and travel abroad to go and attend a virtual summit I would believe that that's not the reason why the president is in the UK And just a reminder there's there's still 83 Bethel Baptist students are still in captivity as we speak. There's you know, a couple of other students who have been kidnapped that are You know in captivity and that really is one of the things damaging the educational system here in Nigeria Besides the poor investment and poor funding Besides the fact that as to continues to go on strike as super's also mentioned strike Sanu might be So so so I wonder what the president will be telling you what when it gets to the summit when they ask him the questions School children have been kidnapped Laterals are trying to go on strike. So what is it that is going to do? I really do not understand So that's why I say that there are more important issues at home for you to attend to Than attending that summit. So the PDP is right that that trip is wishful It is totally unnecessary and it's deceptive Totally deceptive Let's go to the daily independent top right of the daily independent shows Something concerning the presidency warning staff against this closing Classified information and it's one of the things that we spoke about this morning and oath of secrecy been Confirmed on or made of course staff of state house been accessed was an oath of secrecy Is this normal procedure? Mr. Kimbola Yes, I I see nothing wrong in that. Um, as long as they they were not trying to swear I mean Confidential oath of secrecy is a standard procedure in most organizations Where you sign in where you are being engaged you sign the form That's whatever. Um, you get to learn about these characteristics within this organization So I see nothing wrong in that but um, more importantly, it's it's it's it's It goes in a long way to tell exactly the mindsets Of the presidency. There's no trust Which is exactly what was going on. There's no trust and that's that's that's a bit worrisome Because that is the highest hit of government and if in the midst of all of this we are asking the staff to come and swear Out of secrecy, then there's no trust There's no trust at all Which is worrisome As for the oath of secrecy, there's nothing wrong with that. Yeah, you know, I also mentioned earlier You know that this should be regular procedure, you know The only challenge that people have pointed out is why this is coming six years after the government You know has been in office and then also, you know, because of the, you know, trust deficit, you know Between the government and the people there's always going to be conspiracy theories, you know concerning all of this Exactly. What is the government trying to hide? You know, what exactly, you know, is this new information that they're trying to protect and some of all of that So, um, these questions will always come up Yeah, at the same time of this I remember saying that the biggest problem this government will have is in the area of public relations and communication And that has come to us them six years down the line. I said at the beginning that These guys are their behavior as if they know it or from addition and garbage too. They haven't they haven't Very well at all and it's just so unfortunate. It's so unfortunate. They've they've not been through of their game And um, yeah Serious trust deficit in the presidency. All right The guardian this morning bottom left of your guardian newspapers. Uh, you can see something on the ccd chair Um, I think it also made some other paper, but it says that the senate chickens out Pose out or rather halt probe of cct chair for alleged assault Um, is this a problem mr. Kimbola? We need to know what the chicken house We need to have the facts. Why why why did they stop the trial? Okay? Um Don't forget that the cct Has the files or for the senators Okay, just like the icpc So if the senators suddenly realized that oh, we shouldn't be going this direction We need to know why but it should worry you that someone a high-ranking public official Who was accused of Act of public indecency The senate suddenly stopping the investigation. We need to know why We need to know the reason It shouldn't be so Okay, the senate should step on a high moral grant and do what he needs to do They they they need to go ahead and conclude the investigation. We want to know Okay, and if they are Stopping they need to let us know the reason a statement should be issued Isn't this, you know, you know reminder once again of you know, one of the challenges Nigeria has where we have Personality is being bigger than institutions because if we have systems and we have institutions that work smoothly Then There shouldn't be hearing of things like this and people cannot be bigger than the institution You cannot also be bigger than the system. And so this is once again, you know, and another You know Points, you know to make with regards how Nigeria functions and when a big man does something wrong It is expected that he would not be poised. Exactly Last week we we we talked about the NDDC the probe Celebrated probe. Nothing has been heard And it's just in our nature in Nigeria to start a media trial and somewhere along the line. We drop it Okay, everything has been done just to fulfill our righteousness just to satisfy the process of the media Just to make some sure Nothing ever is going to happen Because there's no sincerity of intention right from the beginning. So yes, you are right Nigeria is one of the countries where individuals are more powerful than institutions Look at what happened to the ex-president Donald Trump If not for the strength and the durability of the u.s. institutions the structures and the processes I mean, we we don't know where Have medical have been today But at all times We must invest in building structures and institutions who hand up sustaining our democracy Absolutely That is a lesson in all of this absolutely I'm going to move away from the papers now and just bring your thoughts in on something that You know started yesterday or started trending yesterday and that is Pasotunibakari and his Nigeria for Nigeria Movement he made mention of it. I believe on sunday Way, of course shed his you know frustration with the current administration and you know spoke extensively on you know President Muhammad Ibarri said god is angry With the current administration and there's going to be a Nigeria for Nigeria movement that will change things and will move You know the bad exercise and you know nothing can stop it You know and it was a lot that he was he said So what are your thoughts? It's not the first time we're hearing, you know of such movements It's not the first time that we're hearing people, you know also promote, you know, such movements Um, it's sunday bakari, you know doing, you know the same as we've seen in the past It's all motion and no movement as far as i'm concerned. Remember we said that what will rescue Nigeria is a spontaneous mass movement Okay, spontaneous mass movement like the Arab Spring. That is what will liberate Nigeria What Pasobakari has said? Yeah, hasn't said anything new He has just reminded us everything that we know about this country but How does it translate all of those things into action? He can do it alone Okay, he can't do it alone. You can change nomenclature from safe Nigeria to Nigeria for for for Nigerians That is fine But I want to see us taking action. All right I hate To say it but people outside Nigeria see Nigerians has been docile See us as oh all sandbites no action So Pasobakari has done very well. I have worked the video clip Several times and the question I keep asking myself is so what next? You've done this video it's gone viral. So what next government probably will come after him They are the federal government come and arrest me if you can Government will go after him Probably inviting for questioning And caution him and after that what happens. So we've had enough of these sandbites We need to organize 2023 is around the corner. We need to get organized. We need to raise the power Okay, the masses should realize the power that they have Which is vested in their voting rights And this right must be exercised in the right way So in such a way that the desire change Will take place in Nigeria any the shot of that is just sandbite. Yeah I'm gonna quickly play that video for our viewers who haven't who had not seen it We should have played a yesterday actually, but we'll play that clip for you So, um, you can get to watch it and then when we come back, we have one more question for ms. Akinbola before we go When I say change your gods What you don't understand today's the moment that happens the spirit of god depends on soul And london doesn't do it And so you'll be making useless decisions You'll be making terrible mistakes and blunders because the spirit of in-wheel have come upon you Somebody say Nigeria for Nigeria movement I'm letting you know it's about to start I'm going to champion it It's going to go like white fire across this nation Nigeria for Nigerians You'll be bigger than save Nigeria group. You have never seen anything like it before is a movement Propelled by god Nigeria for Nigerians to deliver us from the hands of oppressors in the mighty name of jesus Days is a fight to finish. I'm not going to die for this country I'm going to live for it. Nigeria will prosper in my lifetime Nigeria will be saved. Nigeria will be changed. Nigeria will become great It is a wicked that the land will vomit in the name of jesus Somebody say wow The people said to your tent oh, is We have no portion in the house of jesus Anymore sovereignty is not in your hand. You are commander in chief of nothing I said the people put you there the highest office in the land is the highest The heart is the office of the citizen and the office of the president Nigerians are going to rise. They are going to demand for their rights Nigeria for Nigeria movement in the name of jesus and I dare you To try to stretch your hand against me Like you have done to others Then you will know what our gods sent me. I'm just empty. I'm just making noise All right. Uh, well, uh, very interesting them second. Well, are you still here? well I I would be surprised if The federal government moves against him Okay We've always said federal government should learn crisis management strategies I mean people, you know, I said last week if you arrest hundreds of sunday bull and americano These agitations will continue Okay, now again, it's to the back area tomorrow. We don't know what's next. How many people are going to arrest? but like I said, let us Aggregate all this opinion Let us harmonize all these views and translate them into a voting power Okay, we need An alternative political party to pdp and apc Right now the structure the two parties have the structures are so massive That is difficult for you to win an election unless you belong to those two parties But if we begin to mobilize In a very meaningful manner 2023 it's not going to be like any other election year But we've got to go beyond radio and tv We've got to go beyond all this that participator is talking about we've got to take action Okay, I've always believed in peaceful and legal change of government It's a lot of work, you know, what you're describing It's a lot of work. It's a lot of work, you know, if you remember also the way the apc came about It was also a combination of these same Political jogger nuts as they're called, you know, who formed the apc and so it's really Hard to imagine that, you know, people from outside these same persons can form another political party that would be big enough But of course, and I'm hearing people and their population and their voting numbers should, you know Expected is expected to be big enough to push away any political party We'll see how it goes. I want to finally just ask you to speak on Stories concerning insecurity. This has abductors sick sick 150 million naira To free a monarch, I believe is the one in southern kaduna that was kidnapped a couple of days ago And also a dpo and six gunmen Were killed in a gunfire in imo state. I saw that video clip also earlier this morning Quickly share your thoughts on that before we go Remember when the service chiefs were replaced I think about three or four months ago We did say that nothing would change really Okay, you can change service chiefs every month The fundamental issues Leading to unrest lead to kidnapping. They've not been addressed. There's anger in the land. There's anger in the land People are not happy with the government Okay Security has broken down even the armed forces the police This the the the the army Everybody is not happy There's no way you can fight insurrection or insurgents for That's where you do not even where you can't even trust the loyalty of those who are fighting the war Yeah, it's it's not going to work Things are broken down That I don't see How we're going to be able to manage insurrection it will continue like this probably till 2023 when the next election will come up Yeah, because This guy they have infiltrated every aspect of Nigerian society If soldiers are being kidnapped if monarchs are being kidnapped Then what is the hope for the common man for the ordinary citizens? These are people are supposed to have some level of personal security So insecurity Eating deep into the fabric of Nigerian society All right All right, let's wrap up here. Thank you very much for your time this morning. I'm interested in hearing your perspective on on these issues We wish you a beautiful day ahead. Thank you, sir Absolutely stay with us here on the breakfast to take a short break when we come back. What happened on this day in history I'm going back to 1984 and 2002 and then right after that our first major conversation for today comes up We'll be back