 All right. Good morning. If you're just joining us is the breakfast and plus to be Africa And if you've been there, you know, it's time for of the press and I have more than one analyst this morning So it's going to be a very robust discussion. We're having this morning on of the press I have Mr. Nick Agole public affairs analyst joining us from London and our regular Tuesday Analyst Mr. Chris Cain de Wando member of the chartered Institute of arbitrators in the UK He's joining us from Canada. Good morning to you gentlemen Good morning. I know Good morning. Good morning. You're welcome Okay, so we're taking a look at three newspapers this morning But we begin with the Guardian newspaper and the garden is leading with cautious optimism as FG adopts piecemeal negotiation out of $800 million stock funds Is that big story and the details of that can be found on page six and you have Some summaries here almost one year of visa ban lifted October 18, 2022 till September 11, 2023 over $800 million of foreign airlines from stock in Nigeria and then FG UAE may explore Egypt's bailout option. Let's let's talk about this. Good thing. You guys are regular travelers Chris, let's begin with you Yes, um, they I think it was a major big breakthrough yesterday when the pretense Well, I'm everything with the state UAE and we would resolve the living big problem and Between Nigeria and the United Arab Emirates And not only the visa ban on Nigerians and but also the issue of flights the issue of flight Emirates and it had come into Nigeria, so But we need to know the genesis of the problem for the flights we have issued It was based on the fact that one most of the funds belonging to these airlines we are not being repatriated and Then the United Arab Emirates Saturday at and then and they raised her that I was not getting the best out of this situation And that was one the second one was also the issue of the number of Nigerian flights that finding a way into Into United Arab Emirates we had issues a long time. We are a particular line back into a Nigerian A land operates of the air piece. We are finding it difficult to make the rounds of the situation It's just a problem being given them by the United Arab Emirates Authority so for that it was a tough one and The former president visited all president. I know that where he visited United Arab Emirates I would thought that was a sub that Continuously we had issue And also with the fact that also that was a time that some Nigerians had issued the issues in the United Arab Emirates on Whitewood Street and there were a lot of things and that issue was not resolved until the former president left, so By yesterday when the president finished on the G20 summits in the state to go to United Arab Emirates And it was good that that also came out of so good one But I think that I personally believe that you should be on that About for just lifting the visa ban and also allow these just realized to come into the area The fact is that what is it also that our own at our own and what are we getting? Are we going to have more? Else flying into Dubai as it were because this supposed to be a bilateral arguments, so it wasn't free for just United Arab Emirates Nigeria must also get something out of it. But it's good that it's a big risk And then there's going to be a resumption to provide between Nigeria and the United Arab Emirates as well as the visa ban All right, Nick Yes, your take on that Yes, so This is one of the problems That was created by government is he I always say this thing is where government is there to solve problems in Nigeria government actively creates problems and then they spend the whole time Attempting to solve the problems and yet the problems are not solved and this is one of them I had if you come to this problem The central bank of Nigeria told the airlines Fed tickets at the so-called official rate And as at that time The rate was like the rate differed from the primary market rate As I determined this government came in we all know the rate was like 400 and And Before the booty was floated now The the a passenger in Nigeria wants to travel out The airline said they want to sell a ticket for $1,000 Will not cost that ticket as 450,000 and then the airline call is 450,000 Naira and say the tickets But the airline cannot get their $1,000 if they go to the manor if they give 450,000 to the manor the manor will probably give them something like $500 So the central bank promised them that they will give them the $1,000 I'll call it the 450,000 And the central bank do not have the $1,000 again Because the NNPC that used to drop dollars in the central bank of us as Processed from our crude oil sales was no longer dropping the money And that is where this accumulation of The money got to this $800 million so this $800 million is that the airlines have the Naira Collective from travelers. They are waiting on the central bank to give them $800 million at the rate of 450 Naira to a dollar and that one is not there Why did the government bother to create this problem? I mean if someone is willing off and he wants to travel out Allow the person to buy their ticket at the primary market rate at which the airline will just approach a man And give the manor the Naira and collect their dollar and go Yet the Nigerian government created this problem They couldn't solve this problem and this problem now leads to this crisis that the president just went to try and set to And it caused more misery to Nigerian travelers because let us not forget the Emirates Airlines And Qatar Air all of them they were I mean not Etihad Emirates and Etihad they are of the same country They they they were coming to Nigeria I think Emirates was only like two frequencies into Lagos and one into a budget I think at the point they were running two into a budget as for Etihad into a budget here in Lagos So who had a like Dispensings out of the country that was taken off Leaving us in the hands of the British Airways and all of that exploit So I'm happy now They're on the way to solving this but the most sustainable way to solve this thing is for the federal government Not to get themselves involved in the business like this if the dollar is now about 890 to a dollar and I mean $899 to a dollar and the Nigerian steam fees that he wants to travel abroad let them find their travel Government should not be taking dollars that is meant for poor people and giving it to these people who are traveling So this is the way to solve the problem and I hope president who knows that that is the most sustainable solution to this matter Indeed it's step in the right direction And I'm so glad you've kind of broken down this The genesis of how these funds were trapped Oftentimes I found that when you're discussing with some Nigerians who are wondering what's all this Trapped funds all about and you try to explain they think it's it's a way of They think that the CBN actually stole the money But it's good that you've given a clearer picture of how it accumulated to what it is today Let's move forward to some of the headlines here on the Guardian newspaper I'll just read some of them out and then you talk on to you have 7,000 Nigerians die yearly from cancer that would be Details of that some pitch five you have Nigeria's microfinance banking dream on brink of failure If you want to read that you find details of that is their news analysis on page four And then you have end of an era In accounting profession as a Kintola Williams bows out. I think we should touch on that Kintola Williams who doesn't know him You know when you talk about accounting in Nigeria you mentioned his name and he's buying out at a very good ripe age of 104 You want to talk about that? Chris Okay, Nick you're you're in the picture Nick let's have your thoughts on a Kintola Williams I'm actually a chartered accountant. Oh Yes, I'm qualified as a chartered accountant in 1992 So that's that's 31 years ago Kintola Williams is the doer of accountancy profession in Nigeria. He's an icon number is 001 What mine is seven thousand three hundred and forty seven there you go. This approach is sixty thousand There you go. There's a number of chartered accountants who have in Nigeria. So he's He has served Nigeria well. He has You know be very influential in getting the accountancy profession to where it is today and He has fought for the cause of this country Now his job has been done 104 years is a long long life that he has lived We have nothing else to say that to thank God for this long life that he has given to us and We wish him well and may he so rest in peace Chris, I know you want to also give your thoughts on the late a Kintola Williams Kintola Williams is a man of honor that that Over the years have become an icon in not only in accounting, but other profession that is find themselves if the doing of accounting profession in Nigeria and What about the accounting profession? business in Nigeria today Come to the largest and be attributed to someone like him Is just like what I look at me Williams was to the legal profession in those days. So It's a this is a patient of life A man that lived up to 104 Some people in Nigeria don't live up to that have that age So I don't have he was able to carry himself Similarly as in Nigeria that the statesman and the most important aspect that I like about it that throughout his years He never got himself involved in politics. He was so professional and that he was focused on what he was did So it's the message yesterday will rub my job His experience as an account that has possessed it man And my heart goes out to the family as well as all those are close to him as well as the Accounting profession in Nigeria then unless about another topic I raised the issue of cancer the number of Nigeria's That's a modern with cancer It's not surprising. I'm sure that we have more than that figure What about that figure that's being given but it's not the right and that is what our problem We are having in Nigeria because access to Healthcare is a big issue. It's a very very big issue not only cancer kidney Related diseases and some other diseases that most of them are not because of a level of poverty. Nigeria's cannot assess Yes, let me give a quick last example here in Canada I was shocked to learn that once I can in there you have free access to no matter what Your condition you be treated practically free Once you are a Canadian and that is part of the issues there have been some other countries could be busy, but You also look at the you also know that you know so that you have the NIS most of them have this This NIS that I have them In taking care of some of these issues but in Nigeria is a problem So the issue of cancer have been a problem with us and in Western world The solution is be fine. It's no longer a death sentence as it were Some solution that is so many people have been killed of cancer We in Nigeria also we have some of the first especially when the public say that some private Hospitals in Nigeria. I know that can be what you do that best how many people can afford it So that is what I mean. Yes Such a large number 78,000 dying yearly. That is a very huge number Yes, and before we leave the Guardian newspaper this story that has to do with the NDDC fraud 2.9 billion era NDDC fraud H to X MD to others back six-year Gerald term finally Chris is that it is that the sense you're getting from this finally are people going to begin to answer to You know, are they going to I'm going to be begin to see justice For me, that's not for the rest. You remember the issue of that of the mic of the mic We know all those that were involved. We saw the Pro by the house of representatives and how that's found that I had any DC has been one of the most called roughs Prositile in Nigeria's history and that is my personal opinion because if you look at the NDDC fraud And that is my personal opinion because if you see the number of funders and that's why some of our list has questioned that Why is it that so much money's been pumped into the Niger data and nothing's been shown for it is been shown for it So we have decided to start prosecuting some of those That's what I've been bought in this place then all well and good But to me, these are just the smoke where they do get a fish somewhere and then they need to be good even a Former minister who is also a senior legislator now was fingered in this crisis and what happened So it has always been like that. There was a forensic Audit that was done at one time that was Which even cost so much money millions and millions of nerve was put into that by the warrior administration I continue to ask yourself. What was the outcome of that forensic audit of NDDC? So, but if we decided to start doing the need to by making sure that some of those that Into the covers of NDDC and the prime people of Nigeria data of their Dividence of democracy all well and good, but I just think that this is not just a slap on the wrist and just a shadow Boxing as it were and interesting. Well, this is just the aid to the XMD I Is the same way that people are saying You can't be holding a mirthfully and asking him questions. If you don't ask his boss questions as well, isn't it? Okay, so Okay, let's move to the punch newspaper. It leads with to new boo's special investigator for CBN audited reports And did the riders there central bank allegedly pays over 400 million era I FRS Academy for accounting Guidelines I take that again central bank allegedly pays over 400 million era to I FRS Academy for auditing guidelines then you have DSS to someone effort FRC bus top directors a CBN special investigator Deepins probe Nick What do we know about this? Yeah, so anyway in Nigeria that you attempt to open the cupboard The kind of dead bodies you see filled inside. It's always a mind-blowing Very very not certain The the the CBN special investigator is someone I know very well It was a year my senior in a uniband and after he graduated he was retained and after I graduated I was retained so who became colleagues as a Graduate assistants in the department of accounting is a total bread professional and he's doing a good job But I cannot show you the one we're talking about 400 million era We have not even touched on the big cheeses that is this is that central bank, you know, you made the question You made the point just now that When people talk about the former governor the CBN Cognum AFL they should talk about the boss But the question is that whether the boss was aware of what governor it may feel it was doing the CBN You know because that was a boss that we're not too sure if he was aware of what was happening around him in government circles So Nigeria is a fifth place and to me Presidentinical job needs to have a single point agenda and he single point agenda is law enforcement Whoever goes against the laws of the land. He should follow once he focuses on bringing to book Those who are running against our constitutional laws just like my co-panelist Christian said his job is done Once he enforces the law every other thing is going to fall in place in that country because right now as we're having that country I wanted to make a point about the cancer, you know, this is arising from lack of public health Nigeria does not have public health You look at the fumes coming from Ocadas and all the trucks and all of that Fumes coming from generators the on-campus environment the gutters and the kind of you go to the market see how meat is treated Instead of killing cows in albatos very decent hygienic places They keep this thing in gutters use gutter water to this is what I think why won't people be sick? So I mean government just needs to go back to the basics Okay, Chris Let's let me read the other headlines here so that we can touch on maybe three of them and then proceed to the next newspaper above the masthead you have Operators excited as UAE leaps visa ban on Nigeria talk about that Nigerians Morocco at quick death toll rises to 2700 this is a very sad one. The debt toll keeps rising in Morocco Pangasin reacts as down go tear refinery misses production deadline Chris. Can you touch on that? Because we had thought that before now then go tear a refiner would have been giving us fuel But here we are September 12th Nada Some of us are this coming in and some of us want that the over reliance on this time good team Petroleum is going to be a problem for us Because the last government seems to have put all these as in one basket by believing that the coming up of the equity which will always solve one idea and Nigerian Petroleum problem and that is what we're seeing now and I say fellas. It's a fallacy as it were we went as well See who invests in up at 20% to the government In that refinery and this is where we are because it is not is the and I continue to ask myself What do we could disrupt every time and then make a mockery of ourselves? We saw the page entry at the How elaborates the the commissioner of that Repair Nairi was done by the former president the we hours of his living office I don't know why they decided to do that that jump hurry when they knew that they were not rich Yeah, I don't know the whole essence We have promised that at the beginning of the year that production will start now It has not started it has been moved about two or three times and yet we don't have this ocean And that is what is going to have a certain time of the day at the end of it Oh, we just end up with one big elevator the room which is down with the refinery and That's that's refinery. It means that also we're going to have a monopoly within the system. We are just like we're having is some other products Which dangut there has a monopoly and he did that means this cost of them federal top product This government seems to be waking up and at least taking up the responsibility that was left for over eight years by the last administration now I've been told that the The refinery in but I thought we start Production in the same bad this year and another one with every come on By any first quarter of next year, so if we can have that then As always been that my belief and so that also mean with that we cannot continue important petroleum products We seem to be doing country or a producing country with what that's That dreams could boy a sport and said to report petroleum product Which is why the price of this product will continue to rise on the daily basis this for market forces So over reliance on that good day petroleum is not going to help the problem It can only help us to have a short a short gap and then so but it is quite unfortunate that This has not let's be gone. I'm going to be many self Industry or group doesn't seem to be giving us enough information as to what we've happened But it is in the ability to do that Whatever I've mentioned after all is in private the best don't forget as I said Nigeria has 25% Equity in that cooperation and whatever happens should be of interest to any answer. Definitely, okay Let's move to the next newspaper and that's the nation newspaper at least with to new boost strikes multiple deals with journey Korea and India of course that's Talking about the G20 that just ended on the 10th of this month and then you have above the mass head president fair to Ibo with appointments says soludo Acquisition of banks CBN deputy governor of quiz. Okay, let's look at these Three perhaps we let go of the headline and go to the president fair to Ibo with appointment That's what soludo is saying Chris you and Ibo man. Is he speaking your mind? Is he speaking for the rest of the indeebo when he says that the presidency the president to know who has been fair to indeebo Just speaking for himself. It's not speaking for me Is it just an Ibo as I was I am so I don't see how the president have been to Don't forget Governor soludo can't pass seriously for this president during the presidential election He won't be pressing from his state. He's pretty sense of People he'll try to rub he rubbish not only try to rubbish rubbish team during the presidential election and saying that he cannot win an election in Nigeria and then still providence us Soludo is somebody that blocks so much hope to the polity and most people believe that this company is going to solve a lot of problem and when you look at it is pedigree as the former central power governor and If I'm not sure how well he has to be able to do that in an across state It's not for me I tell you finish his tenure I'm not proud people at prosperity will be able to judge but so far I wouldn't see how which all sense of humility This president is a bit much much better In terms of balancing appointments across but unlike what we're doing the inquiry administration you can see so many Nigerians from all walks of life from different parts of this country getting a post a position in In his government, so I don't know why Soludo want to just single out Ibo's is Would you reverse it that he has been fair to them in his appointment? What of those in from the north? In fact in fact craze those from the north those from the north Some of them are saying that look this is too too many Yoruba's in this cabinet It's and then the Yoruba's are saying the Yoruba's are saying when President Buhari was in power. Why didn't you say he was given too many? Positions to the northerners. Why are you crying foul now? And so, you know, it just That's just the narrative we're hearing With regards to the appointments, but let's go back to the punch newspaper I'm touching something briefly before we wrap this up. Why because we've seen a lot of such cases, you know repeatedly in the news where men kill women and women kill men When love goes sour Court reminds jealous lover for killing girlfriend pages Details of that you find on pages four and five of the punch newspaper If you're interested in the details gentlemen, do you have details of this gist? Nick Chris I don't I don't have details. I have not read that story, but This this is an ongoing a decimal in fact He's even more worried and especially in the united states in the diaspora the nigerians keep killing Their spouses Yes, there's even one in the news right now Hello. Yeah, go ahead. You froze a bit. So I had to come in. Oh, yes So the the most recent case in the u.s. Is in olando Where a nigerian Shot his wife uh dead So this this thing is happen. Unfortunately, they happen in the developed world here um in the uk you have in fact if a Man or woman is shot or killed in some way The police first look within before they begin to look outside the home So I think people just need to exercise emotional intelligence We all just need to take it easy because you see at the end of the day where we are in this world now We're just on a on a drama stage At the end of it a row in this drama we end and we take our exit. There's really nothing in this life Chris Do you know anything about it? You have your you have a site that you know You're a blogger. So what do you know about this story? well The headline is a is enough to give uh it says jealous Husband it has always been that have been jealous most often than not think that violence has been an issue And uh, this is part of what we're about to Every day not to the niger just as he apparently said that across the globe and If you look at our laws, I know that most often than not One of the best causes I write As a law student was forming in law and um, it's it exposes a lot about The the domestic violence the relationship between spouses and rest of them and most often than not People get so emotional that they cannot be able to handle it and the result today I remember maybe uh some years back. I remember really at the case of a particularly Um, a banker one of the bankers that was killed by the husband in Lagos and I was one of I was the one that facilitated the arrest of the husband Who was on his way out of Nigeria? He was almost getting out of Nigeria through some other Intelligence I had then as a report that I was going to pay him down and use all manner of Approach that I could be able to bring him back to Lagos and and he's sorry that he's sorry that to me Um, as it was some years back and if I handed him over to the current Um See as to the IG CP 20 g This too, and I have been prosecuted and it's having a large centers in Lagos. So Domestic violence is a and that is why we want you to tell people that If it is not working is not working take that take your walk Take a walk in walk And and and the problem is that because of the kind of mentality and the kind of Um fears and religion that people get themselves. Oh, what would my people say? What do people in church? We say what is it? They say people that you are afraid of what they will say but that you die. That is what they will be Walk and that is it and and that's what it's supposed to be And it's just as simple as that. You know, you understand what I mean I understand totally Chris gander one do member of the chartered institute of arbitrators in the uk Thank you so much for joining us from canada this morning on of the press Thank you very much. Let me go back to my sleep Enjoy yourself sweet dreams nick agule has joined us from london nick agule. Thank you so much for your time on of the press And thank you very much. Nigeria's. I have a nice day All right. So stay with us. We'll be coming right back with the first hot topic