Tag: Council
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Council improves market
The Caretaker Committee Chairman of Ibadan North Local Government Area of Oyo State, Hon. Idris Babatunde Lapade, in his efforts to ensure healthy environment, has commissioned eight public toilets and four boreholes in the four major markets in the area.The inauguration and handover of the facilities to market users took place at Gbaremu, Bodija, Sango and Moloka markets respectively.The facility include: two blocks of pubic toilets with three conveniences, two tap water pools and a borehole each at the market The council chief who was accompanied by his secretary, Mr. Adamu Bello, members of his committee, ACN chairman in the local government Alhaji Akibu Animasahun while commissioning the projects, urged the benefited markets to make use of the facilities as he charged them to use them well, saying there will be effective monitoring to ensure maintenanceHe said the motive behind the provision of the toilets and markets is to meet the demand of stakeholders who have been urging the council to ensure healthy environment in the market.The council boss, therefore, urged residentts of the state to support the governor, Senator Abiola Ajimobi, in his quest to rebuild the the state and meet the desires of all and sundry. -
Brokers bid for NLNG accounts
The Nigerian Liquefied Natu-ral Gas (NLNG) has written to selected brokers to bid for its insurance stake.
A source from the Nigerian Council of Registered Insurance Brokers (NCRIB) said the firm disqualified some brokers and wrote to some others for financial bids.He noted that successful brokers in the bidding would be appointed to handle the over N1 billion insurance business of the organisation.
President, Nigerian Council for Registered Insurance Brokers (NCRIB), Mrs Laide Osijo, said brokers have been equipped to provide all types of oil and gas risks, adding that the Local Content policy has created enormous opportunities for insurance firms, especially the brokering sector.
President, Lagos Area Council (NCRIB), Tunde Oguntade, said the NLNG business is good for brokers, adding that brokers are working to meet the 70 percent provided for them in the Nigerian Content Act.Oguntade said the involvement of brokers in oil and gas would boost their capacity and growth, stressing that local operators would stem the outflow of premiums from the country.
“We are looking at 70 per cent as stated in the law. That means that 70 per cent premium that used to go outside the country in the past, now has to be with local underwriters and brokers. This would enable us improve on our capacity, train, source good rates and do corporate social responsibility,” he said.