Author: The Nation

  • Oyo NURTW’s leader Auxiliary alleges threat to life

    Prominent leader in the Oyo State National Union of Road Transport Workers (NURTW), Alhaji Mukaila Lamidi, popularly known as Auxiliary, has alleged that some assailants in police uniform were after his life.

    He lamented that his life has been at risk since March 2019, after the general election, insisting that some groups of assailants have been trailing him in recent time.

    Auxiliary, while speaking with reporters at his Alakia hotel in Ibadan on Saturday, narrated how the uniformed assailants blocked his way at Iwo, Osun State and fired gunshots at him.

    “I was attacked by these hoodlums in police uniform at Iwo. It was a day I will never forget in my life. They condemned all the four types of my car; shot  at me severally. I did not know how I escaped into a nearby bush after been pursued unsuccessfully,” Auxiliary stated.

    He alleged that the situation got worse when the police visited his hotel on two occasions.

    “These assailants, who were fully armed in police uniform, came to my hotel twice. On getting to the street where the hotel is located, they started shooting sporadically for minutes. They caused panic and destabilised the residents in the area.

    Read Also: NURTW factions trade words over bloody clash in Ibadan community

    “I would have been killed before now but for the timely intervention of the patrol team of the ‘Operation Bust’. I have reported all these to the appropriate authorities. In fact, I hardly stay at home since March for fear of attack.”

    On the cause of the development around him, Auxiliary said: “I think when you’re a goal-getter, a game changer and you are moving along at a pace off the beaten path, you are going to be doing a lot more than the majority of the people around you. And unfortunately, when others are not achieving these goals for themselves, they can become disgruntled. They become envious. They become resentful that other people are doing what they will not.

    “They are determined to stop the progress that is about to happen in Oyo State. They have heard of my determination to bring down the cost of transportation in Oyo State by reducing the daily levies paid by the commercial vehicles to the union. We would rearrange every park/bus stop to allow free flow of vehicles. We shall ensure all commercial drivers comply with traffic laws. Our rebirth NURTW will cooperate with the state government to put an end to the activities of the kidnappers and bandits by introducing modern technology to all garages to discourage influx of passengers without clear identity and mission in the state.

    “Quite a number of the residents in Oyo State had been fed with wrong news and stories about me, making them to judge me harshly. I was never a fraudster nor assassin. I have no cause to attack anybody; my struggles have been for the promotion and liberation of union from intruders. We all should know that working towards our goals is going to cause people to be curious about us. And that curiosity is going to raise controversy and pose numerous questions.”

    He added: “The ongoing serial attack and character assassination against my person is not only targeted towards blocking me from becoming the chairman of the union, but it is also to discredit the administration of Governor Seyi Makinde and make it appears to be promoting hooliganism and thuggery. Some enemies within our circle, within PDP, are those betraying us and colluding within opposition. But, I’m sure they will soon be exposed.”

  • ‘Lagos Govt released only 23 per cent of 2018 health budget’

    The low percentage of the Lagos State government’s budget allocated to the health sector has remained a huge challenge in tackling matters of maternal and child health, a health advocacy group, Partnership for Advocacy in Child and Family Health (PACFaH@Scale), has said.

    Shina Ogunbiyi, a representative of the group, stated this yesterday during a meeting with officials of the Lagos State Ministry of Health in Alausa, Lagos.

    Ogunbiyi said his group is partnering with the ministry to move issues relating to the health and wellbeing of Lagosians forward, especially in relation to family planning and routine immunisation.

    “In 2018, Lagos State allocated N92.676 billion or nine per cent of the total budget to the health sector but released only N21.315 billion or 23 per cent of the allocated sum.

    “It is our prayer for full and timely release of allocations to the health sector,” he said.

    PACFaH noted that the unmet need for family planning has increased by 4.7 per cent over the last five years, stating that it shows that services are not able to keep pace with the demands of women seeking family planning.

    Read Also: Education: UBEB chief assures Lagosians of new dawn

    According to Ogunbiyi, while the Lagos’ health sector has key challenges, it is also leading all states in Nigeria in terms of women delivery by skilled birth attendants (80 per cent), women using modern family planning methods (29 per cent), children under five with no vaccination (1.7 per cent), and children with severe anaemia (0.4 per cent).

    An official of the ministry, Titilayo Goncalves, said the government would appreciate any contribution made by PACFaH towards easing the healthcare burden on the state.

    “We have over 22 million people to look after. I see immunisation of children and family health as your focus and we know that by catching them young and immunising the children, we would be able to groom a healthier population and we are grateful you are willing to partner with us on this.

    “On skills upgrade, we pride ourselves as being the centre of excellence in Nigeria and we lead other states in innovation and we are aware new methods come up every day and so we invest a lot in the capacity of our staff we look forward to working on this with you,” she said.

    On the concern of age of consent as relates to access to family planning for youth, Mrs. Goncalves said

    “We have counsellors there, we have social workers, we have doctors there and we see this as an avenue for youths and teenagers to go to,” she said.

  • Police, other agencies placed on red alert 

    Ahead of the planned Revolution march by some civil society groups, the Police, the Department of State Services (DSS) and other security agencies have been placed on red alert.

    All the agencies have been asked to strengthen security nationwide.

    But the Coalition of Northern Groups has dissociated itself from the march, which the police and security agencies believe to be a plot to create a replica of the Arab Spring against the administration of President Muhammadu Buhari.

    The tag, “Revolution March” is said to have been analysed in security circles as a move to use violent means to sack the government through mass protests, sit-outs and clashes with security agencies.

    It was also learnt that security agencies were probing the likely support for the protesters by some politicians and foreign elements.

    It was gathered that the police and security agencies were working on a strong suspicion that the “Revolution March” is a pilot test of a “deadly gang up” against Buhari.

    A top security source, who spoke in confidence, said: “The Police, DSS and other security agencies have been placed on red alert to curtail any attempt to overthrow the government through violent means.

    “We have to beef up security nationwide because the protesters are talking of ‘Revolution March’ and not protest over social issues.

    “Calling for a ‘Revolution March’ amounted to an attempt to violently overthrow the government. There are video clips of some of the planners threatening fire and brimstones. Some of the leaders of the group are on tape calling for arms struggle.

    “Preliminary findings revealed that they want to blackmail the government and create an impression that the nation is under siege.

    “We are also suspecting that some politicians and foreign elements are giving back-up to the group.”

    Responding to a question, the source added: “They are out to create a replica of Arab Spring in Egypt and other countries.

    “We will not condone unconstitutional means of expressing grievances.

    “At the appropriate time, more details will be released to Nigerians. This Revolution March was secretly designed to test the waters before more assaults.”

    Force Public Relations DCP Frank Mba said: “All commands’ Commissioners of Police are under strict instruction to ensure that law and order are maintained in their areas of jurisdiction.

    Read Also: Presidency, DSS, activists clash over planned protests

    “How they do that, I will not discuss that with you.”

    The Coalition of Northern Groups (CNG) on Sunday asked Northerners to boycott the march.

    The CNG made its position known in a statement signed by spokesperson, Abdulazeez Suleiman. It states:

    “The attention of the Coalition of Northern Groups has been called to an ongoing mobilisation by some anonymous groups for a certain “Revolution March” to hold nationwide beginning Monday, 5th March, 2019.

    “After carefully reviewing the calls, the CNG has inadvertently arrived at the following conclusions:

    “That the ultimate aim of the proponents of the march who are at best couriers of a foregn distabilisation plot, has not been clearly and satisfactorily defined, which renders the whole exercise suspect.

    “The CNG remains unshakable in its understanding that every civil disagreement can be resolved through honest, sincere and open discussions without unnecessary recourse to actions liable to further inflame tensions without achieving lasting results.

    ”The CNG is not disposed to participating in, supporting, encouraging or in anyway promoting actions that are potentially violent sponsored by obscure organisations with suspicious motives.”

    The group denounced the march as an anti-North agenda.

    The statement added: “We have failed to see how the interest of particularly the northern people can be served by a movement led by people who have been directly or remotely connected to the decades-old agenda for the emasculation of the North.

    “The CNG calls on all northerners to disregard the calls and resist the temptation of being dragged into participating in any way in a movement that would turn out to the diadvantage of the region.

    “While the CNG categorically dissociates itself from the organisation, promotion and participation in any conduct capable of worsening the already dicey situation the country, in particular the North, is in today.

    “We reassert our commitment to the propagation and protection of the rights of all northerners and shall never fall into the traps set by its traditional internal and external traducers in whatever guise.

    “We are quite aware of the covert and overt machinations of some western countries to achieve the final destabilization of Africa by targeting some key African nations which may not exclude Nigeria.

    “The similar foreign agenda that unfolded with the ugly scenarios of destruction in Libya, Syria, Sudan, Yemen, Egypt and others are very fresh for us to realize the futility of jumping on a flight without knowing its actual destination.

    “For the avoidance of doubt, the North shall at all times remain ready to enter into any civilized and decent discussion with any part of the country for whatever intent and purpose without succumbing to temptations of exposing innocent lives to unnecessary danger.”

  • Constituency projects: ICPC recovers N117m items from Senator

    The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Sunday confirmed the recovery of Constituency Project items worth N117,123,375.44 from the Senator representing Enugu North Senatorial District, Sen. Chukwuka Utazi.

    The commission has impounded the items and sealed off the Senator’s compound.

    Utazi, former chairman of the Senate Committee on Anti-corruption and Financial Crimes, was alleged to have warehoused 203 grinding machines, 60 motorcycles,  five transformers, 168 motorcycle and 51 tricycles.

    The senator said he wanted to distribute the items during the National Assembly annual vacation for effective supervision.

    ICPC claimed that the contract for the procurement of the items was awarded on January 23, 2018 under the Sustainable Development Goals (SDGs) as part of the senator’s constituency projects.

    The lifespan of the 8th Senate, when the items were procured, expired on June 5 this year.

    A statement by ICPC spokesperson Mrs. Rasheedat A. Okoduwa, said the items were recovered as part of the ongoing effort at ensuring the satisfactory execution and completion of all Constituency Projects across the country.

    Read Also: SERAP to ICPC: invite two senators over ‘diversion of constituency projects’

    The recovery  is being done through the Constituency Projects Tracking Group (CPTG) initiative.

    The statement said: “The items covered by this amount and recovered from the legislator are 168 and 51 numbers of motorcycles and tricycles respectively. They were discovered to be stashed away in a compound in Mkpologu town of Uzo-Nwani Local Government Area, believed to be owned by the senator.

    “ICPC findings indicated clearly that the contract for the procurement of the items was awarded on 23rd January 2018 under the Sustainable Development Goals (SDGs) as part of the Senator’s constituency projects.

    “Investigations have also shown that the companies awarded the contracts for the project are as follows: Al-Amir Int. Ltd., Du-Lumac Ltd., Com Technologies System Ltd. and Chumax Agency Ltd.

    “Additionally, ICPC recovered 203 grinding machines, 60 motorcycles and five transformers in the compound which had been procured under another constituency project.

    “Thereupon, the Commission impounded all the items and sealed the senator’s compound.

    “The tricycles, motorcycles and grinding machines were meant to be distributed to the lawmaker’s constituents to empower them as part of the Federal Government’s efforts to alleviate poverty.

    “The senator has pledged to ICPC that they would be distributed to beneficiaries on Tuesday 6th August, 2019.

    “While ICPC is investigating circumstances that led to the items being in the possession of the sponsoring legislator rather than the implementing agency, its officers will be on the scene to supervise the distribution.”

    But Utazi said he purposely wanted to distribute the items during the National Assembly’s annual vacation.

    He said he could not distribute them during election period to avoid being accused of inducement of voters, adding that the items were supplied by the Federal Government before the election.

    Utazi said: “I showed them materials for the empowerment, including 51 tricycles, 208 motorcycles, 212 grinding machines and five electricity transformers.

    “They expressed happiness that the materials supplied by the Federal Government for senatorial empowerment in my district are all intact and I informed them I will start the distribution next week.

    “ICPC routine checks on project empowerment materials are for all federal lawmakers, not for me alone.

    “Some journalists should try to investigate first before publishing; those that published that story did not even care to call me to verify the information they received.

    “As a Christian, I hand over to God everything about my life as well as those who accuse me falsely so as to blackmail me.

    “The source of the information that my house in the village has been sealed by ICPC has evil intention to tarnish my image.

    “I purposely want to distribute them during the National Assembly’s annual vacation to enable me to supervise the distribution as well as to ensure that the right people benefit.

    “By next Tuesday, I will start the distribution of the materials in Igboeze-South and Igboeze-North council areas, Wednesday will be for Udenu LG, Thursday Nsukka LG then Friday will be for Igboetiti LG. Uzowani LG will be on Monday, August 12.”

  • AMCON takes over firms over N3.6b debts

    The Asset Management Corporation of Nigeria (AMCON) has taken over two companies —Bao Yao Futurlex Iron & Steel Company Limited, Abuja and Bao Yao Huan Jian Iron & Steel, Calabar, Cross River State. The companies are owing N3.6 billion.

    The takeover followed the order of Justice B.F.M. Nyako of the Federal High Court, Abuja, which mandated AMCON to take over all the assets of both promoted by Mr. Shen Yaozhang and Gen. Idris Garba.

    In compliance with the order, AMCON, through Mr. Robert Ohuoba, the Receiver who also received protective orders from the court, have taken possession of Bao Yao Futurlex Iron & Steel Company Limited, Abuja. The assets, which are now under AMCON belong to the obligors.

    The order also froze all accounts of the companies in any financial institution in the name or belonging to the defendants, which include; Bao Yao Futurlex Iron & Steel Company Limited; Bao Yao Huan Jian Iron & Steel Company Limited, Yaozhang, Ji Yunfeng and Gen. Garba and all financial institutions served with the order.

    The court also granted AMCON possessory order over all piece of land consisting of buildings/factory and situated at Esuk Utan Village, Calabar, Cross River State, more particularly described as Plot A23 – A30, Calabar Export Processing Zone; all those chattels, consisting of five Oil Tank Barges and seven Tug Boats etc.; as well as all piece of land consisting of an acre and situated at Kaduna in the Kaduna Local Government Area, more particularly described as Plot No. 13, Idoma Close, amongst others assets.

    Read Also: FG sets up panel to recover over N5 trillion AMCON debts

    Justice Nyako also sanctioned AMCON’s appointment of Mr. Robert Ohuoba, as Receiver over the business and stock in trade and over all fixed and floating assets of both Bao Yao Futurlex Iron & Steel Company Limited and Bao Yao Huan Jian Iron & Steel Company Limited wherever they may be found within the jurisdiction of the Federal High Court.

    The court also directed the Inspector-General and the Commissioner of Police, in all the states of the federation to assist and protect the bailiffs of the Federal High Court and the Receiver, Mr. Robert Ohuoba to carry out the takeover.

    Confirming that AMCON had already taken over the assets/properties as directed by the court, Head, Corporate Communications, AMCON, Jude Nwauzor, said: “We saw it coming because the said debt is long overdue. Like we have always said, going to court with obligors is usually the last resort for us as a corporation. Whenever you see us take over company as is the case in this instance, it means we must have patiently tried to resolve the matter without going to court.

    “Taking over the firm as directed by the court is an indication that all efforts by AMCON to get the obligor to amicably repay the indebtedness have proved abortive. If you have exhausted all avenues of peaceful resolution, there is no other option available to the AMCON than to commence enforcement action against Bao Yao Futurlex Iron & Steel Company Limited as well as Bao Yao Huan Jian Iron & Steel Company Limited as directed, which is also provided under Section 49-52 of the AMCON Act.”

    Last week, Vice President Yemi Osinbajo, AMCON Board Chairman Muiz Banire and Director/Chief Executive Officer Ahmed Kuru reiterated the fact that AMCON would collaborate with relevant government agencies in the country to intensify its chase on recalcitrant obligors of the corporation over a debt profile of over N5 trillion. Expectedly, AMCON has continued to sustain its high tempo of recoveries, which actually began last year when the government agency strategically refocused its recovery activities to more of enforcement.

  • N2.2b voted for cattle settlements

    If the words of the Senior Special Assistant to the President on National Assembly Matters (Senate) Ita Enang are anything to go by, more than N2 billion will be spent on the controversial RUGA Settlement this year.

    Enang urged state governments, particularly those in the southern part of the country, to make land available for the smooth take-off of the RUGA cattle settlement programme.

    Enang made the call in Abuja when he hosted Students of Law School Abuja from Akwa Ibom.

    He said the call became imperative in view of the fact that the Federal Ministry of Agriculture and Rural Development had budgeted N2.258 billion for the implementation of the scheme.

    “The word – ‘RUGA’ is not derived from Hausa or Fulani, but an acronym for Rural Grazing Area (RUGA) initiated in 1956 during the colonial era and is not intended to islamise, fulanise or colonise anybody.”

    The presidential aide identified the first Ruga programmes as the Obudu Cattle Ranch and the Yankari Games Reserve.

    Read Also: RUGA: avoid ethno-religious war, govt told

    He said that in places like the north, earth dams were constructed to cater for cattle, adding that there was a yearly allocations for the continuous funding of grazing areas.

    Enanga said: “Ruga is not a plan to seize land from people neither is it meant to fulanise or colonise anybody.

    “The Programme is meant to address the issue of cattle roaming and destruction of farmland which would put an end to the herders/farmers crisis.”

    He also dismissed the assertion that members of the national assembly were against the implementation of the Ruga programme, saying the Assembly approved funds for the scheme.

    “Besides the over N2 billion appropriated for the Ruga there were also budgeted sum of N300 million for water sanitation, N400 million development for sweet potatoes, N350 million for ginger development amongst several other budgeted,” Enang further noted.

    He maintained that the budgetary allocation for Ruga was meant to promote cattle breeding and meat production.

    “Ruga programme is an integrated farm system which has schools, good road, tractors and mechanisation, agricultural integration with a provision for primary healthcare and veterinary clinics”, he said.

    Enang explained that since 1999, he had been hosting students of Law School from Akwa Ibom State but this was specifically to enlighten them on the objective of Ruga programme.

    He, therefore, appealed to all Nigerians to stop politicising the implementation of the Ruga policy.

    Some students, who spoke at the event, said they had not known much about the Ruga issue because government was yet to enlighten them on it.

  • Above the fray

    Sometimes the campaign season foretells the reign. But not often. Those who seek office must don the charm of a hypocrite, adorn their speeches with chocolatey rhetoric, wear a smile at once grand and cherubic. They wax into an uncle and a child in one body, a confluence of innocence and nobility.

    The result is often a choreographing of the chameleon on the hustings. But when they win, they become like the leaf of autumn: the true colour coils, with reptilian feints, out of their skin. To reconcile the wooer and the person in office becomes a leap of faith.

    For the BOS of Lagos, we saw a tranquil fight for the office, if ever there was one. If, that is, we discount his beehive routine. For those who followed his trail, he was everywhere and everything, visiting groups, working the crowds, at dinners, at sports fiestas, at parties, at symposiums, at work places. His demeanour was mated to his words. Not controversial, but engaging.

    This is sort of a paradox. His candidacy rose out of dust storm. Governor Babajide Sanwo-Olu’s predecessor was not only in office but inhabited the same party. Akinwunmi Ambode was even his boss. Never once did the candidate cross swords, not even as much as gloating after he prevailed at the primaries. He maintained his lane, as the Nigerian youth would say. Even when a series of accusations were pelted at him, he did not rise with rage. He did not even speak immediately. He articulated his position through a proxy, and invoked the solemn words of Michelle Obama: when they go low, we go high.

    The party roiled with protests and tempers. They called the candidate sanwo eko, inflated his ego, boosted his profile, tempted his vanity, goaded him on the waves of the heir-apparent. His victory was a technicality. They were not looking at Sanwo-Olu the candidate, but the man on the cusp of destiny.  Shakespeare said, “Some are born great, some achieve greatness, some have greatness thrust upon them.” Candidate Sanwo-Olu did not seem to contemplate any of these options. And never once did the slim, soft-spoken fellow with a sometimes beatific visage utter any suggestion of hubris.

    That tiff over, he was all about going about his business. And there were issues to address, urgent as a hippopotamus on the lap. The environment has slid to the 1999 mire, according to a former environment commissioner, Muiz Banire. Many inner roads had become more of craters as though cranes alone motored about the city. The indiscipline of the LASTMA multiplied the cases of traffic logjams.  A lot needed to be addressed. Yet, he spoke without contempt for the man who occupied the seat.

    The election became, perhaps, if not in turnout but in percentage one of the most emphatic victories. Even perennial challenger and gadfly Jimi Agbaje is always ready to nudge his nemesis to a duel. In that battle, he dropped his gear and found no words but concession for the victory of the BOS of Lagos.

    When he was sworn in, some might have expected some of the usual fixtures of the new incumbent. Not like Chime of Enugu State who did not even wait for the inauguration day before yelling about the fetishism of his anointer and benefactor Chimaroke Nnamani, who had done the same to his own godfather. He even said he wanted to spiritually disinfect the state house before using it. The BOS did not want drama. He just took over and did his job.

    History always credits such personages. Like Gerald Ford, who calmed the office after the WaterGate turbulence of the Nixon years, or the quiet grace of Conrad Adenauer, who took over the German Republic after the stormy prejudice of the Nazi era. Winston Churchill led the British, and sometimes the world, to beat the Nazi. He was voted out as a warmonger. Clement Attlee succeeded him without sullying perhaps the greatest orator of the modern world. Lyndon Johnson’s era became beautiful because of the genius of John F. Kennedy.

    Sanwo-Olu knows that the work is serious. The roads are getting back gradually, as much work beckons. His predecessor focused disproportionately on the big projects while the simple ones suffered. Big flyovers, bad inner roads. It was like dressing a maid with flamboyant lace while the sores advertised themselves on the limbs. Gov Sanwo-Olu soothed the civil servants with transportation. He has started to address with the federal government the Apapa gridlock, though not an overnight case. He has allowed to continue the projects of his predecessor, some of them abandoned in the latter days.

    He has not raised the spectre of the EFCC, nor growled over the state of the finances, in spite of stories of latter day profligacies. He has not turned inspection tours into political arena, flailing and flaying the man who was there.

    He is just minding his own business. The BOS of Lagos, in his unobtrusive way, has shown how to succeed a person and, perhaps, succeed in a time of challenges. It is by rising above the fray.

    His second pledge

    In his blue buba and sokoto, he was announced on the stage. This was not a political arena, and his rhetoric abounded with the gratitude of a worshipper. Ogun State Governor, Dapo Abiodun came on stage to tell his story. He gave a testimony that sounded like a page out of Abraham Lincoln’s life. He had been at his political battle for a while, losing is quest for senator, and even his attempt at governor seemed a lost cause. He was not going to contest. Eventually he prevailed. His testimony was at the podium of the Mountain of Fire and Miracles last weekend. He said he was a member.

    His testimony drew my mind back to a few days after he won the polls and was visiting the then outgoing governor of Oyo State, Abiola Ajimobi. Gov Ajimobi recalled with regret that Abiodun’s son was not around to see his father’s triumph. His son, a beloved entertainer known as DJ Olu, who passed away, was the champion of his father’s ambition. I thought Gov. Abiodun would tell that story to his MFM audience. But on reflection, I understand why he didn’t. When Ajimobi touched that subject in his residence in Ibadan, Abiodun’s face fell into tears and a handkerchief came to his rescue.

    The most potent part of his MFM testimony was when he said he would run a transparent government in participatory style in accordance with the rule of law. He said it without prompting and soulfully. He might have said that at inauguration day. That was a political pledge. On the church podium, it was a spiritual pledge. It is his second pledge, but in effect, it was the first and superior pledge. The spiritual is above the natural, as Apostle Paul explains in the Bible. We wait to see this play out as his stewardship unfolds.

    Once he was done, he walked back to his seat beside the BOS of Lagos. It was not only the handshake that joined them together, but an iconography of colour and wardrobe symmetry. Both governors were dressed in light blue buba and sokoto, as though they had a chat about it before hitting their wardrobes.

    Buhari In Touch

    It’s a good thing to note that sometimes you don’t write in vain. I had that feeling when I read the headline that President Buhari has responded to In Touch by deciding to deploy drones over the forests to tackle the problem of bandits. At least, the government has shown that it can bend to a wise nudge from a humble columnist. A clap for the president!!!

  • Recapitalisation will cause shift in market, says NAICOM

    The National Insurance Commission (NAICOM) has again said the recapitalisation of insurance companies has huge potential to cause a positive shift in the market and overall economic health of the country.

    NAICOM’s Deputy Commissioner (Technical), Mr Sunday Thomas, who represented the Commissioner of Insurance at a seminar for insurance correspondents in Ijebu-Ode, Ogun State, stated this at the weekend.

    He said: “We are in a very sensitive period in the commission in the sense that the issue of capitalisation has always been viewed as a policy initiative. To the operators, most find it difficult to see the benefits at the take-off point but the policy regulator sees it as a way to cause a shift in the system.

    “As an agency of the Federal Government, more than ever before, we want to be visible. We also clearly want to do all that we can within our terms of reference as an institution to prove our contributions to the economy.

    “This cannot be done without the contributions of operators, development partners and other stakeholders – shareholders represented by board of directors, staff of operating companies and other regulators.”

    Read Also: NAICOM to insurers, reinsurers: submit your recapitalisation plans

    Thomas added: “For a nation, this is an election year, and we know that there are a lot of expectations from the political end that find themselves translating to the economy. The Insurance sector wants to be part of the big game; the driver of that initiative has to be the regulator.

    “Of course, there are shades of opinions about its adequacy, timing, among others. However, in quick succession, we want to prosecute this recapitalisation like never before.

    “The idea of this recapitalisation is to have an industry that is strong, that is diligent in prosecution of its assignment, that is highly liquid in terms of being responsible and prompts in claims settlement, that is solid in terms of assets, that is visible in terms of retaining businesses in our environment.

    “We believe that at the end of this exercise, we want to turn around the image of this market. We have the mandate to ensure that this recapitalisation throws up very solid companies.

    “We are engaging other regulators for cooperation for the success of the exercise. Our arms are open to welcome investors either into existing companies or a totally new company.

    “What is important to us is to have an industry that is solid, that is able to support the government in its initiative, that is able to create employment by its reason of expansion, and at the end of it is able to add value to our economy.”

  • Omo-Agege: why oil firms’ headquarters must be in Niger Delta

    Deputy Senate President Ovie Omo-Agege has restated the need for oil companies operating in the Niger Delta region to relocate their headquarters to their areas of operation in the region.

    Omo-Agege stated this on Sunday when he addressed reporters during his visit to his country home at Orogun in Ughelli North Local Area of Delta State.

    The Deputy Senate President stressed that oil companies that left in the wake of the crisis in the region about a decade ago should also come back in view of prevailing peace and accelerating development of the region.

    Vice-President Prof Yemi Osinbajo had made a similar call about three years ago when he visited the Niger Delta region.

    A statement by his Special Adviser (SA) Media and Publicity, Yomi Odunuga, said the senator reiterated his condemnation of an alleged plot to move the headquarters of the Nigerian Gas Company Limited in Ekpan-Warri to Abuja.

    He noted that the relocation of the headquarters of multinational oil companies to the Niger Delta region would speed up the development of the area, create jobs for youths and reinforce the atmosphere of peace in the region.

    Read Also: Buhari greets Deputy Senate President, Omo-Agege, at 56

    Omo-Agege said: “I’m sure the message has been sent that they cannot move; they must remain. And for those who have left, they must give a serious thought to relocating back to the Niger Delta.

    “What I’m saying now is not really news; even the Vice-President, not too long ago, I believe, enjoined all those companies that left the Niger Delta to relocate back. So, what I’m saying now is just following suit.”

    Also, Ovie Omo-Agege said the just-concluded screening of the 43 ministerial nominees sent to the Senate by President Muhammadu Buhari was to ensure that they complied with the minimum constitutional requirements to become cabinet members.

    The senator said the former had passed through the crucible of security screening before their names were sent to the Senate, in line with the provisions of the 1999 Constitution (as amended).

    He said: “President Muhammadu Buhari, having contested and won the election, is entitled to work with whoever he wants. Our job in the Senate is not really to examine the nominees but just to ensure they meet the barest minimum qualifications, as required by the Constitution.

    “We all know what it is: for you to be a minister of the Federal Republic of Nigeria, you must have the minimum qualifications. With the membership of the House of Representatives and following the provision of the fourth alteration we made in the Constitution, it has reduced the age qualification to contest for the House of Representatives…”

  • Nigerian journalist Shodunke joins Canadian foundation’s BoD

    Canada-based non-governmental organisation (NGO), Life of Hope Foundation, has appointed a Nigerian journalist, Chief ‘Femi Shodunke, into its Board of Directors (BOD).

    Shodunke, a one-time Deputy Editor of Nigerian Compass on Sunday, will henceforth participate fully in the activities of the foundation, its Founder and Chief Executive Officer, Anike Stella Onile, said in a letter addressed to the journalist.

    Onile explained that the confirmation of Shodunke, who is also the publisher of Gateway Mail in Canada, was informed by his enviable track record of excellence in journalism and social pedigree as a community leader, particularly on his shared vision to help the underprivileged, especially children.

    “I am pleased to confirm your appointment as a Board Member of Life of Hope Foundation, effective July 24, 2019,” Onile said in letter, dated July 25.

    She added: “The appointment is for a term of renewable three years ending on July 31, 2022.

    “All directors are required to actively contribute to the work of our Board Committees, established to assist the Board in the oversight and control of the organisation.

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    “Directors are also expected to participate in any strategic planning sessions, Life of Hope annual general meeting and any briefings, together with the occasional Life of Hope functions during the course of the year.

    “I take this opportunity to welcome you as member of our Board of Director in Life of Hope Foundation and look forward to your contribution on the board.”

    Shodunke, who was the President of Olumo Progressive Association in Canada Inc, Toronto, and Honorary Vice President of Yoruba Community Association (YCA) Canada, expressed his readiness to contribute his human and material resources to the growth of the foundation and its beneficiaries.

    “I confirm receipt of your letter appointing me as a Board Member of your non-profit organisation, Life of Hope Foundation,” Shodunke, currently the Public Relations Officer of Egba National Association U.S.A and Canada, said.

    “Indeed, your letter was really apt as it came at the time I was looking forward to launching my (our) foundation next year in honour of my deceased daughter, with the sole aim of caring for children in the area of healthcare,” he stated. “This idea was nurtured in Nigeria and has matured over the years, particularly since my arrival in Canada.

    “However, rest assured that I shall dutifully discharge my utmost responsibilities in ensuring that the vision and mission of your organisations are achieved, particularly in the overall interest of our toddlers and young adults and those who will ultimately benefit tremendously from your Foundation, both in Canada and Nigeria,” the publisher, who is also the Baaroyin of Igbein land, assured.