Tag: agreement

  • Awolowo: Agreement ‘ll broaden trade

    Nigeria has ratified trade facilitation agreement as the country pushes for expanded global multilateral trade, the Executive Director/ CEO Nigeria Export Promotion Council (NEPC), Olusegun Awolowo, has said.

    He said with the ratification,  the country will go ahead to domesticate and implement the agreement to the letters.

    He said: “We expect remarkable outcomes for international trade through TFA (Trade Facilitation Agreement), which aims to expedite the movement, release and clearance of goods including goods in transit. It will reduce bureaucracy at the borders for faster, cheaper and easier trade and is expected to increase trade and investment.

    “The agreement promotes trade by establishing harmonised rules to further expedite the movement, release and clearance of goods crossing borders, including goods in transit. It offers opportunities especially for SMEs (Small and Medium Enterprises) to engage in formal export of goods, which have so far, been informally traded across borders.

    “With TFA, a larger number of exporters to partake in global value chains, thereby enabling all businesses to tap into the huge potentials of trade, Of particular importance for non-oil export is the commitment to accept electronic documentation, test procedures and method of handling perishable/rejected goods.

    “For Nigeria, the much-advocated National Single Window (NSW) initiative would bring about faster services at the borders for both imports and exports. It will also ensure correct revenue collection and create room for transparency in governance, better public service and modernization through e-legislation, thus creating a win-win situation for both government and business.

    “NEPC is therefore committed to support and work closely with the relevant government agencies, private sector and international organisations to ensure full implementation of the Agreement. We will maximise the benefits of TFA especially to make export trade the catalyst for achieving national economic turn-around for sustainable development, enhanced annual GDP growth job creation, higher incomes, improved welfare, reduced trade costs, and ultimately landmark improvements to the ease of doing business index for the country.”

    Awolowo said he hopes It that many small businesses that hitherto have found it impossible to trade internationally due to complex regulatory requirements will henceforth be able to be part of global trade which leads to sustainable growth, and growth that results in prosperity.

  • Ajaokuta: Reps question govt’s 500m euro bill in NIOMCO’s agreement

    • To meet with Minister, others today

    The House of Representatives Committee on Privatisation and Commercialisation sub-committee on Steel  is to meet with the Minister for  Solid Mineral Development, Dr. Kayode Fayemi today over the modified agreement with GSHL and NIOMCO.

    The sub-committee is specifically questioning a 500m Euro Federal Government bill in NIOMCO modified agreement and another N 8.7 billion for settlement of workers entitlements.”

    The meeting according to the Chairman of the Subcommittee, Hon. Babatunde Gabriel Kolawole is to discuss the signed modified agreement with GSHL and NIOMCO on behalf of Nigerians.

    “It is important because Nigerians want to know what it means, the benefits. Implications and all other details of the agreement including how the observations raised on same agreement by the former Hon. Minister of Steel and Solid Minerals Development  which led to his refusal to sign it was resolved.”

    The sub-committee is also interested in knowing why the ministry has signed the modified NIOMCO agreement with was rejected by the former Minister.

    The former Minister refused to sign because Nigeria was required under Section 4 A1(b, d, h) to commit 120. 4 million euros for the rehabilitation of all plants, equipment and other facilities include ping remediation of all loss of materials, theft, deterioration etc.

    And another “372, 539,307.90 euros for the completion of super concentrate, weathered ore treatment plant, and to other associated facilities and N 8.7 billion for settlement of workers settlement entitlements.”

    The agreement to Iron Ore Mining Company to Global Steel was reached in London in June to enable it complete its concession. The inability to sign the agreement since it was terminated in 2008 has cost the country $3. 3 billion in terms of imports of steel products, The Nation learnt.

     

  • Varsity union seeks renegotiation of 2009 agreement

    The National Executive Council (NEC) of the Senior Staff Association of Nigerian Universities (SSANU) has urged the Federal Government to kick-start  re-negotiation of the SSANU/Federal Government 2009 agreement.

    In a communiqué issued after a workshop and NEC meeting on Tuesday at the Michael Imoudu National Institute for Labour Studies (MINILS) in Ilorin, the Kwara State capital, the union said the continued delay in kick-starting the re-negotiation of the agreement is detrimental to the growth of the education sector.

    The communiqué, signed by the union’s National President, Comrade Sampson Ugwoke, said the SSANU/FG 2009 agreement has been due for review since 2012 in line with the terms of the agreement that it should be reviewed every three years.

    “NEC-in-session noted that the continued delay in setting up a negotiation committee was not in the best interest of peace in our universities and called on government to immediately invite the union for discussion and negotiation.

    “NEC further advised the government that the membership of the negotiation team should not be tilted towards only teaching staff in the university, but be balanced to include registrars, bursars and representatives of other constituent groups in the system.”

    The communiqué also lamented the low budgetary allocation to the education sector, saying: “NEC in session noted with disappointment that the educational sector still remains highly underfunded, as the 2016 budgetary allocation to the educational sector is still extremely low.

    “NEC notes that the N403. 16 billion allocation is a far cry from the 26 per cent UNESCO standard.

    ‘’NEC in session notes that many countries with less incomes and population than Nigeria place more premium on budgetary allocation to education and finds it ironic that a government that promised to employ 500,000 teachers can devote meagre sums to the educational sector.”

  • Varsity union seeks renegotiation of 2009 agreement

    The National Executive Council (NEC) of the Senior Staff Association of Nigerian Universities (SSANU) has urged the Federal Government to kick-start  re-negotiation of the SSANU/Federal Government 2009 agreement.

    In a communiqué issued after a workshop and NEC meeting on Tuesday at the Michael Imoudu National Institute for Labour Studies (MINILS) in Ilorin, the Kwara State capital, the union said the continued delay in kick-starting the re-negotiation of the agreement is detrimental to the growth of the education sector.

    The communiqué, signed by the union’s National President, Comrade Sampson Ugwoke, said the SSANU/FG 2009 agreement has been due for review since 2012 in line with the terms of the agreement that it should be reviewed every three years.

    “NEC-in-session noted that the continued delay in setting up a negotiation committee was not in the best interest of peace in our universities and called on government to immediately invite the union for discussion and negotiation.

    “NEC further advised the government that the membership of the negotiation team should not be tilted towards only teaching staff in the university, but be balanced to include registrars, bursars and representatives of other constituent groups in the system.”

    The communiqué also lamented the low budgetary allocation to the education sector, saying: “NEC in session noted with disappointment that the educational sector still remains highly underfunded, as the 2016 budgetary allocation to the educational sector is still extremely low.

    “NEC notes that the N403. 16 billion allocation is a far cry from the 26 per cent UNESCO standard.

    ‘’NEC in session notes that many countries with less incomes and population than Nigeria place more premium on budgetary allocation to education and finds it ironic that a government that promised to employ 500,000 teachers can devote meagre sums to the educational sector.”

    The union, therefore, called on the Federal Government to urgently make provision for a supplementary budget to bridge the shortfall in order to create greater focus on building the human resource more than the oil and gas sector.

  • No agreement with MTN yet, says minister

    No agreement has been reached yet with MTN on the fine imposed on it, the Minister of Communications  Technology, Adebayo Shittu, has said.

    Shittu told reporters yesterday after the Federal Executive Council meeting, in Abuja that the memo which also came before FEC was the one requiring approval of the final Acts and instruments amending the International Telecoms Radio Regulations.

    He said the World Radio Communication and International Telecommunications Union, (ITU), which usually hold meetings every four years, held the most recent one in December last year.

    He said the FEC approved what the Nigerian delegation did in Switzerland and then directed the Ministry of Justice to review the draft treaty for it to be domesticated as part of laws in Nigeria.

    He said: “At this meeting, the significant milestone was the fact that in all of the 150 years of existence of the ITU, a Nigerian in the person of Engr. Festus Dawudu, a Director of a Spectrum in the Ministry emerged as the Chairman.

    “It has never happened that an African would be Chairman of the 150-year old body.

    “Again, consequently, the Nigerian delegation signed the treaty and also a declaration to say that Nigeria reserves the right to react to any other member country which tries to intrude into what rightly belongs to Nigeria by way of the frequencies allowed Nigerians,” he stated.

  • Osun, France sign N8b agreement

    The Osun State government and France have signed an agreement to build a €35million (N8 billion) 13 megawatts solar plant.

    Stephane Gompertz, France’s Ambassador for Climate Change, told the News Agency of Nigeria (NAN) in Abuja yesterday that the project was the first of such magnitude to be signed in Nigeria.

    Gompertz said the agreement was signed on Friday by Governor Rauf Aregbesola and a French company, Vergnet, adding that France was supporting Nigeria in the area of renewable energy.

    “As far as new and renewable energy are concerned, the French Agency for Development helps finance through credits, projects in new and renewable energy.

    “On Friday morning, I was with the French Ambassador in Abuja. We were received by Governor Aregbesola. We signed an agreement with a French company called Vergnet.

    “Vergnet will build a solar plant of 13 megawatts, which is quite big for a solar plant. And as far as I am concerned, this is the first project of such magnitude to be signed here in Nigeria.

    “There will be other bigger projects going up to 50 or even 100 megawatts,” he said.

  • Marriages cannot be dissolved on agreement of parties

    The Respondent as Petitioner filed a divorce petition against the Appellant as Respondent at the Osun State High Court sitting at Ilesa. The Respondent and Appellant were joined in marriage on 1st July 1989 at St. Thomas Catholic Church Ogotun Ekiti. According to the Petitioner/Respondent not long after the marriage, she discovered that the couple was not compatible. The husband was always beating her. At times he would lock her up and thus prevent her from going to work. He was always suspecting her of going out with another man. She was even admitted in the hospital as a result of the beating. The Appellant even beat her sister and father who tried to intervene. She had to leave her house which she built when the husband poured hot water on her. They both built the house. She was the one that bought the (plot) land in her husband’s name and her name. When she bought the land and started building, she was keeping the receipts with the husband to appease him and make him happy. The husband spent N700,000 on the building.

    Although the Appellant stated that he was only interested on the issue of the house, the Appellant nevertheless opposed the dissolution of the marriage because he invested in the wife and did not want to lose his investment. He also still loved the wife. He denied ever beating the wife. He did not do anything to make the wife leave the matrimonial house. It was discovered in 2004 that the wife was befriending one Mr. Femi Odebode but she denied the affair. Since then, she started staying away from the house for days. Efforts to reconcile with her proved abortive. Although the wife caused him to be arrested by the police and be detained for two days, he still loved her.

    The land and the house belonged to him and not to the wife. The house is not worth N3 million. He built it with mud block.

    After considering the evidence before him and addresses of learned counsel for both parties, the trial Court entered judgment in favour of the Petitioner/Respondent in part. The Appellant was dissatisfied and he approached the Court of Appeal asking it to set aside the judgment and dismiss the Respondent’s case upon six grounds of appeal. The following three issues were formulated from the six grounds of appeal.

     

    1. Whether the writing of affidavit verifying the facts of the divorce petition on a separate document other then on the petition complied with Order V rule 10(1) of the Matrimonial Causes Rules 1983 to make the divorce petition of the respondent competent for the court to entertain.

    2. Whether or not the ancillary orders made by the trial Court on settlement of property are supportable in law and in equity.

    3. Whether or not from the pleadings and evidence adduced by the parties their marriage could be said to have broken down irretrievably.

    Arguing issue 1, learned counsel for the Appellant submitted that the affidavit verifying the facts stated in the petition was not on the petition itself but filed separately. This it was submitted was not in compliance with Order V Rule 10(1) of the Matrimonial Causes Rules 1983 and rendered the petition incompetent which robbed the Court of jurisdiction to entertain the suit. On issue 2, it was pointed out that the Respondent as PW1 said the house was her own and that she built it herself but that this is not supported by the pleadings. Therefore the claim of the Respondent that the Appellant be ejected from her house ought to fail. It was submitted that the trial Court rightly held that the house was a matrimonial home jointly owned by the Petitioner and Respondent. As such the Respondent cannot be ejected therefrom as demanded by the Petitioner. However the trial Court somersaulted when it ordered the Respondent to vacate the matrimonial house. The Trial Court, it was submitted, correctly held that the Respondent “cannot just be ejected” as demanded by the Petitioner only to overrule itself and consequentially order the Appellant to vacate the matrimonial home and further directed the Chief Registrar to conduct a public auction of the house and distribute the proceeds of sale. It was submitted that the trial Court having found that the house was a matrimonial home jointly owned by the parties, ought to have invoked the provisions of Section 72 of the Matrimonial Causes Act, Cap 220, Laws of the Federation which deals with settlement of property. Section 72 of the Matrimonial Causes Act, it was submitted, is wide and sufficient for the Court to exercise its powers in settling the property without recourse to Yoruba custom which is inapplicable to this matter under the Marriage Act. On issue 3, it was submitted that despite the fact that there were three children of the marriage, the Respondent still argued that the marriage was not consummated. It was submitted that Section 15(2)(a) of the Matrimonial Causes Act will not avail the Respondent because there was consummation of the marriage between the Respondent and the Appellant.

    On Appellant’s issue 1, learned counsel for the Respondent submitted that the Appellant having failed to bring an application before the trial Court to set aside any irregularity in the petition cannot be heard to be raising such an objection at this stage for the first time. It was further submitted that under Order XXI Rules 2-4 of the Matrimonial Cause Rules, a petition cannot be defeated by any irregularity in the proceedings. On issue 2, it was submitted that the trial Court has unfettered discretion to make the order it made for the Appellant to vacate the house and for same to be sold by the Chief Registrar. Amaechi v. I.N.E.C. (2008) 33 NSCQLR (Pt. 1) 348; (2007) LPELR-9039(CA). On issue 3, it was submitted that the pleadings and evidence adduced by the parties show that the marriage had broken down irretrievably. The Court was referred to the remark of learned counsel for the Appellant at the trial Court that they were not contesting the divorce and all they were interested in is the issue of the house. Having caused the Respondent to narrow the issue to the house, it would cause the Respondent hardship to go into whether or not the marriage had broken down irretrievably. The trial Court was therefore right; it was submitted, in pronouncing the dissolution of the marriage.

    In determining issue 1, the Court cited that case of Unegbu v. Unegbu (2004) 11 NWLR (Pt. 884) 332 where the Court per Mahmud Mohammed JCA (as he then was) held that failure to do exactly what is required by Order V Rule 10(1) of the Matrimonial Causes Rules could be fatal to a petition. The Court noted that in that case which is very similar to this in the sense that Order V Rule 10(1) of the Matrimonial Causes Rules was not complied with the petition was struck out. The Court further noted that in that case objection was raised to the non compliance by the Respondent immediately he was served with the petition. However, the Respondent in this case raised no objection to the processes served on him, participated in the trial and conceded in part to the petition in that he did not object to the dissolution of the marriage. It was after hearing, addresses of counsel and judgment that the Appellant now sought to have the petition struck out for failure to comply with the rule. The Court held that when an irregular procedure is adopted with the acquiesce of a party to a civil action such irregular procedure cannot be a ground of appeal. Also where a wrong procedure has been followed in filing a process and no objection was raised by the party who should have objected, the Court is entitled to proceed with the hearing despite the wrong procedure followed. See Sonuga & 1 OR v. The Minister of the Federal Capital Territory & 1 OR (2010) LPELR 19789. The Court further held that the Appellant having maintained his silence on the wrong procedure in filing the petition after he had been served with the processes and participated in the trial to the end should therefore hold his peace. Issue 1, was therefore resolved in favour of the Respondent.

    On issue 2, the Court agreed entirely with the Appellant’s counsel that there was no basis for the somersault by the Trial Court. Having found that the Appellant cannot be ejected from the house it amounted to the same thing asking him to vacate the house and for it to be sold and the proceeds distributed according to Yoruba custom. The Court agreed totally with learned counsel for the Appellant that Yoruba Customary Law was inapplicable to this petition for the dissolution of a statutory marriage. There was therefore no basis for invoking Customary Law principles of distribution of the proceeds of the sale of the house. The Court held that the issue of dealing with the house under Yoruba custom had no basis as the marriage between the parties was not customary but statutory marriage. Issue 2 was resolved in favour of the Appellant.

    On issue 3, the Court held that no marriage will be dissolved merely because the parties have agreed that it be dissolved. The Court held that it will not be dissolved merely because it is a contract between two willing parties as the learned trial Judge held. The Court noted that the policy of the law is to preserve the institution of marriage. That is why marriages will not be dissolved on agreement of parties to it. The Court held that a decree for the dissolution of marriage would therefore only the granted if the petitioner has proved that the marriage had broken down irretrievably and that the petitioner finds it intolerable to live with the respondent. See Section 15 of the Matrimonial Act and Damulak v. Damulak (2004) 8 NWLR (Pt. 874) 651. Issue 3 was resolved in favour of the respondent.

    On the whole, the Court held that the appeal succeeds in parts. The order of the Court ordering the Appellant to vacate the matrimonial house and directing the Chief Registrar to get a valuer to value the house, sell by public auction and distribute the proceeds was set aside. The Court affirmed the decree granted for the dissolution of the marriage and the order restraining the Appellant from threatening or disturbing the Respondent at her place of work or abode.

    •Edited by Lawpavillion

     

  • American firm, Airtel in tower sale agreement

    American firm, Airtel in tower sale agreement

    American Tower Corporation and Bharti Airtel Limited have entered into a definitive agreement, through Bharti Airtel Limited’s subsidiary company, Bharti Airtel International (Netherlands) BV (Airtel), for the sale of over 4,800 of Airtel’s communications towers in Nigeria. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term.

    Chairman, President and Chief Executive Officer of American Tower, Jim Taiclet said:”We are pleased to announce the launch of our operations in Nigeria while expanding our relationship with Airtel, one of the leading multinational operators in the world.

    “With the largest population and economy in Africa and relatively underdeveloped wireless infrastructure, we view Nigeria as a tremendous growth opportunity. Further, we expect this investment to support our long-term objective of generating double-digit AFFO per share growth for our stockholders.”

    In his comments, Managing Director and Chief Executive Officer, Bharti Airtel Africa, Christian de Faria, said: “Nigeria is the largest mobile market in Africa and a key one for Airtel. This agreement, which is part of our stated philosophy of promoting infrastructure sharing, will provide us with considerable cost efficiencies and at the same time allow us to sharpen our focus on the customer. American Tower has a proven track record in passive infrastructure management and we look forward to benefitting from the best practices from all other countries it operates in.

    “The agreement will allow Airtel to focus on its core business and customers, enable it to deleverage through debt reduction and will significantly reduce its on-going capital expenditures on passive infrastructure in Nigeria.American Tower and Airtel expect to close the acquisition during the first half of next year, subject to customary closing conditions and regulatory approval.

  • NIA pledges enforcement of insurers’ market agreement

    NIA pledges enforcement of insurers’ market agreement

    The Nigerian Insurers Association (NIA)  would soon enforce market discipline by encouraging peer review among member companies with a view to aligning the market practice with international best practices.

    This was disclosed by the newly inaugurated Chairman of the association, Godwin Wiggle at the ceremony marking his investiture as the 21st Chairman of the NIA, where he highlighted his vision for the association.

    The association, he said, has commenced the implementation of a market agreement as a way of checking ethical breaches, promoting discipline and improving service standard in the market.

    NIA market agreement, which stipulates infractions and penalties for inadequate pricing of risks, was signed by all the chief executive officers of NIA member companies in 2009, but it there are signs that members may have dumped the agreement because most of them don’t abide by it. No company has been sanctioned for failing to abide by the agreement even when companies break it.

    Wiggle said Nigeria has the comparative advantage in the production of oil and gas, therefore, the association will fast-track the process of re-establishing the oil & gas insurance pool to allow the industry reap the full benefit of the Nigerian Content Act.

    He also said the association will sustain the current effort at addressing those laws that are militating against the growth of the market, noting that the Companies Income Tax Amendment Act (CITA) 2007, amongst others, readily comes to mind.

    Wiggle further stated that the association is appreciative of the efforts of the National Insurance Commission (NAICOM) in promoting micro-insurance to deepen insurance penetration in Nigeria.

    He said: “My administration will take up the challenge of micro-insurance by encouraging member companies to institute corporate structures that will ensure the success of the initiative.

    “We will also reach out to other regulators in the financial services sector whose oversight functions impact on our business. We will increase the support for the technical committees of the Association with a view to realising their potentials, which will be harnessed for the achievement of the overall goals of the Association while strengthening the cordial relationship that exists with other arms of the industry.”

    President, Nigerian Council of Registered Insurance Brokers (NCRIB), Ayodapo Shoderu, in his goodwill message delivered by his Deputy, Kayode Okunoren, said the emergence of Wiggle as NIA Chairman will usher in the envisaged harmonious and progressive relationship between the association and the council.

    He noted that the Nigerian insurance clients have become more demanding and sophisticated, hence the need for all operators to be more professional and cohesive in the delivery of services. “Irrespective of our professional divide, we must come to terms with the need to always collaborate in order to project a positive image and to collectively grow our industry,” he said.

  • Ministry holds workshop on WTO trade agreement

    The Federal Ministry of Trade will next week, in partnership with the USAID’s Nigerian Expanded Trade and Transport (NEXTT) programme, host a national workshop on “Implementing the WTO Trade Facilitation Agreement.”

    The support is being given to the Federal Ministry of Industry, Trade and Investment (FMITI) as part of NEXTT’s overall engagement to improve the trade policy process, including policy formulation and coordination in Nigeria.

    The two days’ workshop, which is part of the process to domesticate the Agreement on Trade Facilitation (TFA) agreed on in December 2013 at the 9th Ministerial Conference of the World Trade Organisation, will be attended by public and private trade facilitation stakeholders.

    Upon entry into force, the TFA will create binding obligations for WTO members such as Nigeria to improve customs procedures, transparency and efficiency as well as cooperation amongst border regulatory agencies and private sector.

    The developing and least developed members are expected to self-designate, on individual basis, the provisions of the TFA into Category A (implementation upon entry into force), B (deferred implementation) or C (linked with acquisition of capacity through assistance and support) and the date of their choice for the implementation of respective provisions.

    The workshop, which will hold from the 21st to 23rd October at Chelsea Hotel, Abuja, will, among other things, enhance participant understanding of the Trade Facilitation Agreement and its implication; collect private sector inputs on the key barriers to trade Determine Nigeria target prioritisation of the TFA commitments

    It will also enhance participants’ awareness on the key success factors for the set up and strengthening of a National Trade Facilitation Committee and initiate the process of building project plans to request donor’s financial and technical assistance for Category C provision implementation

    Participants will include trade facilitation stakeholders from the public and private sector; development partners and the academia.