Author: The Nation

  • Stakeholders urge govt on logistics 

    Stakeholders urge govt on logistics 

    Stakeholders have urged the Federal Government to pay attention to logistics, infrastructure and enterprises to boost the nation’s gross domestic product (GDP) and grow the economy.

    The stakeholders who spoke at the international conference and investiture in Lagos organized by Courier and Logistics Management Institute (CLMI) discussed the interplay of logistics, infrastructure, and enterprises and how they are capable of shaping the future.

     Executive Chairman of CLMI, Prof Simon Emeje, emphasized urgency in the logistics sector and highlighted the indispensability of the logistics industry, stating that any nation neglecting it faced imminent collapse.

        He urged the government to recognize logistics as a promising sub-sector of the communication industry and highlighted its role in economic stability and job creation.

        Prof. Emeje, urging increased awareness, revealed that logistics contributes 3.5per cent to Nigeria’s GDP.

        “Logistics is not just a sector; it’s the life stream of a nation. Neglect it, and the entire system collapses,” Prof Emeje said.

        He stressed the need to bridge the knowledge gap and cultivate professional awareness, reiterating CLMI’s mission to elevate the sector’s scale.

        He further enjoined the government to earnestly focus on this sector, acknowledging its potential to unravel national problems, setting the stage for an exploration of the connections between logistics, infrastructure, and enterprise.

        Former Minister of Communications Technology, Dr. Shittu Adebayo, in his  keynote laid out the critical relationship between logistics, infrastructure, and enterprises.

        Adebayo navigated through the digital revolution, emphasizing how it connects producers and consumers, as he lauded the logistics sector for its job creation ability, painting a clear picture of its essential role in the national economy.

        “In the digital age, logistics is not just about moving goods; it’s about connecting dreams, aspirations, and opportunities,” he said.

        He called for a specialized ministry for logistics and courier services, with the urgent need for a strategic approach.

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        Adebayo pledged support to CLMI’s endeavors, stating to aid in presenting a facilitating proposal to the Federal Government.

        The panel session provided insights and recommendations from experts in the sector, pointing out key issues in infrastructure and logistics essential for national development.

        The panel commenced with a plea for the de-politicization of infrastructure development, emphasizing its foundational role in national progress.

        Founder, Red Star Express, Executive Chairman, GMC Logistics Limited, Mazi Sonny Allison; Immediate Past Registrar, Pharmacy Council of Nigeria (PCN), Dr Pharm Elijah Mohammed; Director-General, African Center for Supply Chain, Dr Madu Obiora, CEO, Institute of Classic Entrepreneurship (ICENT), Prof Nurudeen Oyekola and CEO, Work Life Training Professionals, Dr Sunday Bello, were experts that dissected the theme: “Logistics Solutions and National Infrastructure Development.”

        A non-partisan approach and a return to fundamental principles were highlighted through discussions on diverse infrastructure aspects, from transportation networks to social infrastructures. The urgent need for foundational projects, including railways and a national interstate highway system, was noted for sustained economic growth.

        “Infrastructure should be the common ground where political differences are set aside for the collective progress of the nation,” Mazi Allison explained.

        Drawing from historical examples, the discussion unveiled the transformative impact of infrastructure on economic growth. The post-World War II investment in the Interstate Highway System served as a case study, emphasizing the guiding principles for successful infrastructure initiatives. Global developments, such as China’s Belt and Road Initiative, urged Nigeria to align with these trends through a national policy devoid of political considerations.

        “History teaches us that infrastructure investment is not just about roads and bridges; it’s an investment in the economic soul of a nation,” he said.

        Shifting gears, the panel addressed health and safety in logistics, particularly focusing on drug distribution. The correlation between logistical challenges in the medicine movement and the prevailing issue of drug abuse illuminated the need for targeted interventions. The session made a plea for institutions like CLMI to engage actively with the Ministry of Health, addressing logistical hurdles and ensuring rigorous safety protocols.

        Dr Muhammed said: “Efficient drug distribution is not just a logistical challenge; it’s a critical step towards ensuring the health and well-being of our nation.”

        The panel delved into the dynamic landscape of logistics, exploring challenges related to expensive freight transport and the potential benefits of adopting intelligent transport systems, automation, and robotics. The imperative of upskilling in response to technological advancements was emphasized, with sustainability emerging as a central theme. The session encouraged ongoing discussions and proactive measures to navigate the evolving landscape of infrastructure and logistics in Nigeria.

        “In the evolving world of logistics, the ability to adapt and embrace technology is not a luxury but a necessity,” Dr Madu highlighted.

        A dedicated session unfolded on green logistics, emphasizing its interconnectedness with global environmental concerns.

        Synchro Modality, a dynamic approach challenging traditional multi-modality, emerged as essential for optimizing logistics efficiency. The discussion projected a future where the movement of goods and information converges seamlessly, urging Nigeria to actively engage with these global trends.

        “Green logistics is not just a choice; it’s a responsibility we owe to our planet and future generations,” said Dr Madu.

        An intriguing segment unfolded with the discussion on the Physical Internet, forecasting a future where the movement of goods mirrors the expansion of the internet. Examples from parts of the world where Physical Internet is already taking effect highlighted its inevitability. The imperative for organizations and professionals to prepare for this paradigm shift in logistics resonated, urging Nigeria to actively engage with these global trends.

        “As the digital and physical realms converge, the Physical Internet is not a vision; it’s an imminent reality we must be ready for.”

        The dialogue also touched on entrepreneurship, and its role in shaping the future of logistics. An expanded curriculum incorporating entrepreneurship concepts was emphasized through the session, with the necessity for individuals to develop a mindset combining innovation, risk-taking, and adaptability, drawing examples from various disciplines.

        “Entrepreneurship is not just a buzzword; it’s a mindset that fuels innovation and drives the evolution of industries,” said Prof Oyekola.

        The final segment highlighted the critical intersection of leadership, corporate governance, and national development. Prevailing attitudes were challenged, emphasizing the pillars of responsible governance—accountability, transparency, fairness, and responsibility. The role of responsible leadership in steering the nation towards sustained growth and development prompted reflection on the nation’s past, present, and future trajectory.

        “Prayers alone cannot build a nation. It requires proactive, responsible governance grounded in accountability and transparency.” – Dr Sunday Bello said.

        The CLMI International Conference Panel Session concluded as a pull of insights, stimulating a sense of urgency for proactive engagement and innovation. Participants left with heightened awareness of the challenges and opportunities shaping Nigeria’s approach to infrastructure, logistics, and entrepreneurship.

  • 9mobile highlights SMEs significance

    9mobile highlights SMEs significance

    Nigeria’s fourth GSM operator, 9mobile, has highlighted the importance of small medium enterprises (SMEs) in the growth of the economy.

    Director of Marketing Communications at 9mobile, Saidat Lawal-Mohammed, who spoke during the participation of the telco as Owerri Trade Fair 2023, the company recognised the importance of SMEs as the engine of economic growth.

         The annual event is organized by the Owerri Marketplace and brings together businesses, entrepreneurs, and investors from different parts of Nigeria and beyond.

        She said: “9mobile recognizes the importance of SMEs in driving the economic growth of the nation and we are committed to their development and success. Through various initiatives and partnerships like the Owerri Trade Fair, we support SMEs to thrive and scale their businesses. Last year, we launched an Enterprise Business Growth Series, the Hack to empower entrepreneurs by giving them the knowledge, technology, and access to the market required to help them grow”.

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        The fair provided a platform for participants to showcase their products and services, network, and explore new business opportunities.

        Lawal-Mohammed stated that the company uses the Hack initiative in different regions across the country to provide SMEs with information and networking opportunities needed to succeed in their businesses. “We provide them with advice on leveraging Information and Communications Technology because of the tremendous growth and expansion opportunities it offers growing businesses. We also teach them business management, inventory management, and tracking. In addition to this, we have continued to launch specialized products and services that meet the needs of the SMEs like our ‘Enterprise Cloud Solution’ and ‘Enterprise ComboPak,” she said.

        As an SME-friendly telecommunications network, 9mobile has been consistent in supporting and providing solutions that stimulate the growth of SMEs in Nigeria. The sponsorship of this year’s edition of the Owerri Trade Fair is in line with its broad objective of supporting the growth of start-ups and budding businesses in Nigeria, as one of the key drivers of economic transformation for the country.

  • FCMB Group grows profit by108% in Q3

    FCMB Group grows profit by108% in Q3

    FCMB Group Plc doubled its pre-tax profit by  108 per cent to N55.1 billion in the third quarter of 2023 amid increasing market penetration.

    Interim report and accounts of FCMB Group for the nine-month period ended September 30, 2023 showed that profit before tax rose from N26.5 billion in third quarter 2022 to N55.1 billion in third quarter 2023.

    The company attributed its strong financial performance to the collective strength of its diverse business segments.

    The report showed that banking group recorded a growth in earnings of 130.1 per cent; consumer finance, 32.6 per cent; investment management, 38.7 per cent and investment banking, which also rose by 27.6 per cent.

    Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, said the group continued to leverage its unique group structure to build a technology-driven ecosystem that fosters inclusive and sustainable growth in the communities it serves.

    According  to him,  this strategy enables the group to deliver robust performance despite the challenging domestic and global environment.

    “Barring unforeseen circumstances, we believe this trend will be sustained and accompanied by improving efficiencies arising from greater scale and ongoing digitisation,” Balogun said.

    Gross revenue rose 75.7 per cent to N351.5 billion as at September 2023, compared to N200.1 billion for the prior year. This was driven by a 55.1 per cent growth in interest income and a 144.6 per cent growth in non-interest income. Net interest income grew 29.5 per cent to N120.5 billion from N93.1 billion in the prior year. This was driven by an increase in the yield on earning assets for the period ended September 2023.

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    FCMB increased its lending activities, providing loans and advances totalling N1.59 trillion, a 34.3 per cent increase from the previous year. Simultaneously, the institution experienced a 39.1 per cent growth in customer deposits to N2.53 trillion, showcasing the unwavering trust of its customers. The group’s total assets grew by 32.2 per cent to N3.88 trillion from N2.93 trillion, strengthening its position as a leading financial institution in Nigeria.

    Assets Under Management (AUM) recorded a 26.1 per cent growth from N756.1 billion to N953.7 billion as at September 2023.

    Group’s customer base expanded 15.4 per cent, reaching 12 million as of September 2023, reflecting a current-year growth of over 1.1 million customers. Additionally, the agency banking business expanded its network to over 120,000 agents, acquiring over 130,000 customers. Investment Banking transaction value consummated by the group rose to N690.9 billion, marking a 15.2 per cent growth.

    In addition, the group completed the issuance of a Series 2 Additional Tier 1 Capital Bond under its N300 billion Debt Issuance Programme for its banking subsidiary, bringing the total Additional Tier I Capital raised during the year to N46.7 billion. Its consumer finance business, Credit Direct Limited, also completed its maiden commercial paper issuance to further diversify the company’s funding base.

  • Elebute, Inuwa, others join Rite Foods

    Elebute, Inuwa, others join Rite Foods

    Consumer-packaged goods company Rite Foods Ltd has announced the appointment of new members to its Board to propel growth.

    The new Board members include Mr. Kunle Elebute and Isa Mohammed Inuwa, as Independent Non-Executive Directors; Raheem Owodeyi, as Non-Executive Director, and Dr. Kehinde Onijingin, as Executive Director.

    This strategic move was aimed at positioning the business for accelerated growth and enhanced market presence as the Company takes giant strides into the next phase of its growth strategy.

    Chairman of Rite Foods Ltd, Dr. Sulaiman Adebola Adegunwa, in a statement, said the Board was “delighted to welcome a distinguished and experienced group of individuals to the Board of Directors.”

        He said the collective intelligence, expertise and experience of the new Board members, working with the old members of the Board, will be instrumental to guiding Rite Foods to new heights of success.

        The Board members are professionals with varied experience from both the private and public sectors in Nigeria and beyond.

        Mr. Elebute is a Chartered Accountant with over 40 years’ experience in consulting. He was Senior Partner/CEO of KPMG Nigeria and Chairman of KPMG West Africa. He has served on the Board of several not-for-profit organisations.

        Mr. Inuwa is a former Deputy Managing Director of Nigeria Liquefied Natural Gas Limited and former Chief Operating Officer/Executive Director, Support Services at the Nigerian National Petroleum Corporation Limited (NNPCL) where he retired.

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        Inuwa, with experience spanning over 35 years, has a degree in Accounting and Masters in Accounting and Finance. He has served on the Boards of many organisations in the Education, Banking, Food & Beverage, and Oil & Gas industries.

        Mr. Owodeyi, an Economist, is currently an Executive Director/Chief Operating Officer of Sterling Bank Ltd. He comes with over 32 years’ experience in the Financial Services Industry.

        On her part, Mrs. Balogun, an Accountant with over 25 years’ experience, is the Chief Financial Officer of Rite Foods. She has a first degree from the University of Lagos in Computer Science and trained as an accountant in the UK.

        She is a Fellow of the Association of Chartered Certified Accountants, UK as well as a Fellow of the Institute of Chartered Accountants of Nigeria. She also holds an MBA from Cass Business School, UK.

        Dr. Onijingin is currently the Chief Operating Officer at Rite Foods. He has two doctorate degrees in Human Resource Management and Strategic Management and comes with over 21 years’ experience in manufacturing and financial services.

        Board Chairman Dr. Adegunwa is an accomplished industrialist of 60 years’ experience with diverse interests in Photography, Food and Beverage, Insurance, Agriculture and printing. He has served on several Boards and was the Chairman of Sterling Bank Limited from 2007 to 2014.

        Adegunwa is the MD/CEO of Rite Foods. With 27 years’ experience in leadership and business, he has a first degree in Mechanical Engineering and an MBA in International Business from Birmingham City University and the University of Bristol, respectively.

        His leadership and business acumen have positioned Rite Foods Ltd as a household name in the Food and Beverage sector.

  • Abiodun presents N703.028b Budget 2024 to Ogun Assembly

    Abiodun presents N703.028b Budget 2024 to Ogun Assembly

    • Mohammed seeks Bauchi lawmakers’ nod for N300.2b 2024 proposals

    Ogun State Governor Dapo Abiodun and his Bauchi State counterpart, Senator Bala Mohammed yesterday presented budget proposals of N703.028 billion and N300.2 billion for the 2024 fiscal year to the states’ Houses of Assembly for passage.

    Abiodun presented the Ogun budget to the 26-member Assembly, led by Speaker Kunle Oluomo at the Assembly complex in Abeokuta, the State capital, while Mohammed presented Bauchi State’s Appropriation Bill to the Assembly, led by Speaker Babayu Mohammed Akuyam.

    The Ogun State budget proposal comprises N287.37 billion as Recurrent and N415.66 billion as Capital expenditures.

    The Bauchi State Appropriation has N121,341,193,343.11 (40.4 per cent) for  Recurrent Expenditures and N178,878,512,477.49 (59.6 per cent) for Capital Expenditure.

    Marwa to new NDLEA officers: we won’t tolerate sabotage of drug war

    From Nicholas Kalu, Abuja

    The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig.-Gen. Mohamed Buba Marwa (retd.), has warned new officers of the agency that there will be no room for internal sabotage in the renewed war against substance abuse and illicit drug trafficking in the country.

    Marwa, who was represented by the Director Planning, Research and Statistics, Victoria Egbase, gave the warning at the passing-out ceremony of additional 2,500 cadets of Senior Officers Basic Course 16 from the NDLEA Academy yesterday in Jos, the Plateau State capital.

    A statement in Abuja by NDLEA spokesman Femi Babafemi said Marwa reminded the gathering that the ceremony completed the addition of 5,000 personnel to the agency’s workforce.

    He advised the new officers to make their impact felt.

    Marwa said: “Within those 30 years, the world of illicit drugs had become complex and more devastating to society, and the dynamics of the Nigerian drug situation had become more dire. That was why the 2018 Drug Use Survey jolted Nigeria and sounded the alarm bell on the inevitability of arresting the situation.

    “Hence, some 35 months ago, in January 2021, NDLEA was handed a lifeline to rejig its structure and improve its systems to counter contemporary drug problems.

    “Today’s passing out ceremony, coming after months of rigorous training, is one of the manifestations of the ongoing restructuring in the agency. Having another batch of 5,000 officers to strengthen our workforce will assuredly give the needed impetus to the fight against the abuse and trafficking of illicit substances.

    “In the tradition of our noble organisation and according to global best practices, this batch of officers has been trained to be efficient drug law enforcement agents.

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    “They have spent the past four months in training, where they have learnt the intricacies of drug law enforcement and know that their job demands sacrifice, loyalty, and discipline. I have no doubt that they are aware of their position as an important cog in the law and order system of society.”

    Welcoming the new Assistant Superintendents of Narcotics to the agency, the NDLEA boss told them that they were entering the organisation when reforms were being implemented and plans had been laid for the next phase of action to curb drug abuse and trafficking in Nigeria.

    He said: “I must prepare your minds for the task ahead of you. The duties are such that there is no room for compromising the ethics of your profession or subverting the goals of the organisation.

    “In our renewed campaign against illicit drugs, we are at a stage of ramped-up interdiction against cannabis, opioids, and other psychoactive substances.

    “We cannot afford to decelerate our effort and we will not tolerate sabotage from within. What that means is that the injection of an additional 5, 000 officers must have an immediate and far-reaching impact on the campaign. In other words: everyone must make their effort count.”

    The ceremony was attended by NDLEA’s top officers, including the commandant of the NDLEA Academy, DCGN Hamza Umar, directors, and commandants.

    Others dignitaries at the event included Plateau State Governor Caleb Mutfwang, who was represented by his deputy, Josephine Chundung Piyo; Chairman of the House of Representatives Committee on Drugs and Narcotics, Abass Adigun Agboworin; his deputy and other members of his committee; Gbong Gwom Jos, Da Jacob Gyang Buba; other traditional rulers and representatives of other security agencies.

  • CBN’s N135b gas fund: Firm decries negative publicity

    CBN’s N135b gas fund: Firm decries negative publicity

    One of the firms that benefited from the Central Bank of Nigeria (CBN) N135 billion Gas Expansion Programme yesterday protested the negative publicity the Senate has subjected to.

    The company’s protest happened when the Senate Committee on Gas Resources probing the N135 billion CBN’s intervention fund to some firms in the oil and gas sector threatened to engage the services of anti-graft agencies to recover the money from defaulting beneficiaries.

    The CBN, under its erstwhile Governor Godwin Emefiele, had disbursed the intervention fund to some firms in the oil and gas sector.

    The Senate panel made the threat when 14 affected companies appeared before it yesterday to defend the utilisation of the loans they collected.

    The committee members described as unacceptable the fact that there was no synergy between the Ministry of Petroleum Resources and the CBN on the project.

    The lawmakers also queried what they called discriminatory disbursement of the funds to the beneficiaries and wondered why some firms collected more than the N10 billion credit limit.

    Committee Chairman Jarigbe Jarigbe collected the records of the beneficiaries and the locations of their project sites for immediate investigations.

    The chairman alleged that the funds released under the gas expansion and intervention fund were inappropriately accessed.

    He said: “The task of the committee is to ensure that the companies actually expended the funds on what they collected it for.

    “The observation of the committee is that there are inconsistencies in the process and the committee may not hesitate to involve the Economic and Financial Crimes Commission (EFCC) to recover the funds.

    “Some of the beneficiaries did not follow the guidelines. For instance, the Ministry of Petroleum Resources is not even aware that the funds had been released.

    “The guidelines stated clearly without ambiguity that they are supposed to do an evaluation at the ministry before the list of the qualified ones would be sent to the CBN for them to access the loans, but that was not done properly.

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    “We have also discovered that some of the companies do not have anything on the ground since they got the loan.

    “The committee would investigate all the observations and work on them and let Nigerians know the true position of things.”

    But the Legal Adviser to one of the beneficiaries, Lee Engineering and Construction Company, Matthew Agbadon, told the committee that the committee’s publication painted the firm in a bad light in the eyes of the public.

    He said: “There has been a fundamental misconception out there in the public domain that some people just leveraged the CBN money, stole it and went away.

    “That is far from the truth. The truth of the matter is that as a beneficiary of that scheme, we had a business with a commercial bank.

    “The discussion was done at the commercial bank level and due diligence was done and our application was approved. Based on the application, we accessed the facility as an organisation.”

    “Lee Engineering has been in the oil and gas industry for 32 years with over 4,000 employees. This particular project is one of the outfits of Lee Engineering and it is located in Warri, Delta State. If the committee is ready to visit the project today, we are ready for it. It is 90 per cent completed.

    “It is billed for commissioning in the first quarter of next year. In fact, we are looking forward to having President Bola Tinubu to ianugurate the project, being the first of its kind in this part of the world.”

  • Tinubu committed to fostering entrepreneurship, innovation, says Shettima

    Tinubu committed to fostering entrepreneurship, innovation, says Shettima

    •  ‘Private sector crucial foundation of Nigerian govt’

    President Bola Tinubu is committed to creating an environment that fosters entrepreneurship and innovation, Vice President Kashim Shettima said on Thursday.

    Vice President Shettima stated this while commissioning some projects, including the Ijele 93.1 FM, phase two of the SEOF Touch-A-Life Housing Project, and the AEMSL Meter Factory in Anambra State.

    A statement yesterday in Abuja by the Senior Special Assistant to the President on Media and Publicity in the Office of the Vice President, Stanley Nkwocha, said Shettima also said the private sector forms an integral half of the crucial foundation that holds the Nigerian government.

    He said: “This gathering is a reminder that the private sector forms the other half of the government’s crucial foundation. Whatever innovation we design, whatever ideas we explore, whatever interests we pursue, we cannot achieve our objectives if those for whom they are targeted are not carried along or in tune with our agenda.

    “I am utterly proud to be here today, honoured and excited to witness the commissioning of these landmark projects. I am convinced that each of us understands the urgency of our collective actions”.

    Shettima hailed Anambra State for its private sector-driven development.

    The Vice President pledged the Federal Government’s support to address the state’s ecological challenges.

    He noted that Anambra State had become a critical pillar of Nigeria’s economic future.

    Shettima also praised Governor Charles Soludo for his understanding of the importance of a thriving private sector.

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    The Vice President said Soludo had demonstrated “vast understanding of our economic dynamics, not just refined in academic chambers but forged in the crucible of real-world challenges”.

    He also praised the Chairman of Chrome Group and Founder of Sir Emeka Offor Foundation (SEOF), Dr. Emeka Offor, for his contributions to the development of Anambra State.

    Acknowledging Offor’s “innovation, determination, and audacious vision,” Shettima said the businessman’s investments in Anambra State had helped to create jobs, improve infrastructure and provide essential services to the people of the state.

    “Dr. Emeka Offor is a shining example of what can be achieved when the private sector and the government work together. He is a true patriot who is committed to making Nigeria a better place,” he said.

    Shedding more light on the crucial role the private sector plays in nation-building, the Vice President said the hope the Tinubu administration had promised to renew could only be realised in an environment where the ideas of pace-setting individuals like Emeka Offor are translated into action.

    Shettima added: “The profound partnership between the Federal Government and each state remains an indispensable cornerstone.

    “I assure you that commitment knows no bounds when fostering an environment ripe for entrepreneurial growth and innovation. For it is in the nurturing embrace of this collaborative effort that the delicate balance between public and private sectors resonates, defining the trajectory of successful nations.”

  • Tinubu confirms Adepoju as substantive Immigration CG

    Tinubu confirms Adepoju as substantive Immigration CG

    President Bola Tinubu has confirmed the appointment of Caroline Wura-Ola Adepoju as the substantive Comptroller General (CG) of the Nigerian Immigration Service (NIS), The Nation learnt yesterday. 

    Mrs. Adepoju broke the news of her confirmation to NIS workers during her Parade on Wednesday.

    She told officers and personnel at the parade that the date for her decoration would be announced in due course. 

    “You may also wish to know that through the grace of God and by the benevolence of the present government, I have been confirmed as a substantive Comptroller General of Immigration,” Mrs. Adepoju said at the parade. 

    As the most senior Deputy Comptroller General (DCG) before her appointment, Mrs. Adepoju became the acting CG on May 29, 2023 following the retirement of erstwhile CG Isah Idris Jere from the service. 

    The CG also announced at the parade that some members of the top management team who took part in a promotion examination had been elevated to the next ranks.

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    She added that the date of their decoration would be announced as soon as possible. 

    Mrs. Adepoju advised NIS officers to observe a minute of silence in honour of those who died some weeks ago in the line of duty while returning to the headquarters from a trip to Kano.

    The CG sought prayers to Almighty God to rest the souls of the departed. 

    She added that the parade was dedicated to the memory of the fallen officers and assured that the NIS would continue to support the families they left behind.

    Mrs. Adepoju said the NIS was creating an endowment fund for the upkeep of the families of the deceased.

  • Court bars Akeredolu from inaugurating caretaker chairmen

    Court bars Akeredolu from inaugurating caretaker chairmen

    • Governor releases N1b for retired teachers, council workers

    An Ondo State High Court sitting in Akure has stopped Governor Oluwarotimi Akeredolu from inaugurating newly appointed members of the Interim Management Committee for the 18 local governments and 33 Local Council Development Areas (LCDAs).

    The appointed Interim Management Committee for the councils and  LCDAs have been cleared by the House of Assembly.

    But the Peoples Democratic Party (PDP) filed an interim injunction restraining the defendants from inaugurating the committee.

    Defendants in the suit were Governor Akeredolu, Speaker of the Ondo Assembly and the Attorney General and Commissioner for Justice.

    The PDP had asked the court to restrain the defendants from inaugurating any person or persons not democratically elected as member(s) of caretaker committees to administer the affairs of the local councils and the LCDAs pending the determination of the interlocutory injunction in this suit.

    Justice Yemi Fasanmi, who granted the order, said: “The defendants/respondents are hereby restrained from inaugurating any person or persons not democratically elected as members of caretaker committees, pending the determination of the motion on notice for interlocutory injunction in this suit.”

    Governor Akeredolu has begun payment of N1billion as gratuity to teachers and local government workers, who retired in 2011.

    Some pensioners, who retired in 2012, were paid, while those the government termed as distressed benefitted from the N1billion payment.

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    Governor Akeredolu, represented by his Special Adviser on Union Matters and Special Duties, Mr. Dare Aragbaiye, said the N1billion was sourced from the October allocation from the federation account.

    Akeredolu said the payment of N1billion marked gradual defrayment of the backlog of gratuity arrears for retirees of local government and primary school teachers.

    The governor said another tranche would soon be paid within the first quarter of next year.

    He said his administration had fully paid all outstanding salaries and pension, including allowances of all retirees left by the previous administration.

    According to him, “we want to make sure pensioners in the state do not suffer anymore. We are making efforts to rid our communities of miscreants and criminals as well as those who engage in cult related activities in our dear state.

    “The state government is continually committing enormous resources to strengthening the ‘Amotekun’ Corps in terms of equipment and human resources. This is in addition to the provision of fund and other logistical supports to other sister security agencies operating in Ondo State. Our government cannot tolerate a situation where our citizens cannot conduct their daily businesses in a safe environment.”

    Commissioner for Local Government and Chieftaincy Affairs, Takuro Amidu, said the payment of the gratuity was initiated by Governor Akeredolu by ensuring that some money was saved every month.

    He said Governor Akeredolu was poised to taking care of senior citizens.

    Some of the pensioners said it was suicidal for them to survive 12 years without collecting their gratuities.

    Many of them said they would use chunk of the money to pay accumulated debts.

    Chief Ojo Samuel said it was difficult for him to cope with situations of life after he retired and his gratuity not paid.

    “We thank God we are alive to collect and enjoy our benefit.”

    Chairman of pensioners in Ondo State, Johnson Osunyemi, said the payment of N1billion was a reassurance that the governor would do more for them.

    He said pensioners have not witnessed such good gesture in the state.

  • Abiodun visits slain director’s home

    Abiodun visits slain director’s home

    • Promises full responsibility for wife, children
    • ‘Perpetrators will be fished out’

    Ogun State Governor Dapo Abiodun has assured the family of the slain Director of Finance and Administration in the Governor’s Office, Mr. Taiwo Oyekanmi and the citizens that the perpetrators of the killing would be arrested and brought to justice.

    He said his administration would take full responsibility for the welfare and well-being of his family.

    Prince Abiodun said this when he visited the home of the deceased yesterday.

    Oyekanmi was killed on Wednesday within the Abeokuta metropolis while on an official assignment.

    An emotional Governor Abiodun described the deceased as diligent, hardworking, honest and God fearing.

    He said the Governor’s Office and the entire state workforce were devastated by the killing, noting that everything possible would be done to bring the perpetrators to justice.

    “How could we imagine yesterday morning that we will be here this morning condoling with this family?

    “We are all heavily burdened, the pain not describable. He left us asking questions since yesterday afternoon.

    “Taiwo was very hardworking, very dedicated, diligent, honest, unassuming, a man who loved God, who served God, very humble. He was very conscientious.

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    “Let me assure you that we will do everything within my power to bring the perpetrators of this heinous crime to book.

    “I will not leave any stone unturned until these criminals are arrested and dealt with; that much I also promise.

    “I want to assure members of his family, particularly his wife and children that we will not leave you.”

    “We will take full responsibility for your welfare and well-being,” Governor Abiodun said.

    He said the death of Oyekanmi was a painful reminder that life was a journey, adding that the deceased lived a life of impact, touched everybody, and was well respected by everyone.

    Responding on behalf of the family of the deceased, his younger brother, Tayo Oyekanmi, thanked the governor for the visit, even as he said destiny had been shattered, dreams cut short, not only in the family, but the entire Ifonyintedo community in Ipokia Local Government.

    He urged the governor to unravel the people behind the killing in no distant time, to assuage the pains of the family.