Tag: establishment

  • Shettima justifies commission’s establishment

    Shettima justifies commission’s establishment

    Borno State Governor Kashim Shettima yesterday explained that the establishment of Northeast Development Commission (NEDC) was a response to the devastation caused by Boko Haram insurgents.

    The governor, in a statement by Malam Isa Gusau, his special assistant on Communications and Media Strategy, said the effect of Boko Haram insurgency was such that no geo-political zone wished to experience it.

    Shettima said: “Having a commission as NEDC is a response to large-scale devastation, which no geo-political zone should wish to experience.”

    He said Borno would experience 50 years of backwardness due to destruction caused by Boko Haram.

    “A comprehensive assessment report by the World Bank put the damage at over $9 billion.

    “NEDC will set out for the recovery of this backwardness so that the state recovers earlier than it would have taken us to recover.

    ”It is not something any section of the country should wish to experience.”

    He noted that the development demonstrated the Federal Government’s commitment to ensure rapid social and economic rebuilding of the region.

    The governor hailed President Muhammadu Buhari for signing the bill.

    Shettima said Northeast would remain grateful to Buhari for his concern and commitment to their plight.

    He said they were appreciative of “the President’s open love for them” and the  National Assembly.

    “I must confess that if Buhari was not elected in 2015, only God knows what would have become of Borno and the rest of Northeast.

    “Buhari has made efforts to reverse years of neglect the Northeast suffered from 1979 to 2015.

    “Buhari is the greatest inspiration for us.

    “The President’s passion for the Northeast is understandable, because this is a region that lost thousands of its sons and daughters, suffered destruction of public and private infrastructure, worth $9 billion.”

  • SMEDAN calls for establishment of SME bank

    SMEDAN calls for establishment of SME bank

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has emphasised its call for the establishment of Small and Medium enterprise (SME) Bank. The said bank would be used to access funds without the bottlenecks associated with loans from other banks. This, according to the agency, would pave the way for creation of millions of job.

    Addressing the media in Lagos, SMEDAN’s Director-General/Chief Executive Officer, Dr. Dikko Umaru Radda, said the major challenge inhibiting the development of SMEs in Nigeria remained non-accessibility of funds by the entrepreneurs, which has to be addressed by establishing a bank for the sub-sector.

    Radda, who opposed the proposed scrapping of Bank of Industry(BOI) by the Federal Government, maintained that more of such retail banks should be established along a designated bank for the SME sub-sector.

    According to him, the small and medium scale businesses would be more at home with SME banks than any other.

    As an agency saddled with the responsibility of catering for the SME in Nigeria, SMEDAN boss said the agency would establish an SME micro-finance bank to kick-start the process of creating SME bank.

    Radda, however, lamented that the agency was confronted by many challenges limiting its capability, among which included the Act of National Assembly that established the agency in 2003 to which the agency has been seeking amendment.

    He said  if the Act was amended by the National Assembly, the agency would be more empowered to develop the SME sub-sector to the higher level, adding that the agency would be able to formalise the SMEs, as many of them remained informal by creating platform through which they could easily register their businesses and have easy access to fund at the proposed SME bank.

    Radda, who noted that the agency was underfunded, said the agency would liaise with the government to allow it have 30 per cent of the tax on the luxury products imported into the country, emphasising that such luxury goods should be taxed more if imported into the country.

    He maintained that the revenue from such tax would be used to fund SMEs as it is done in other countries.

    He also appealed for the provision of enabling environment for the SMEs to thrive, while charging the Federal Government to promulgate competition law, which would regulate monopoly and other factors affecting the economic growth in the country.

    Meanwhile, Radda said there was the need for the government to ensure synergy among all agencies, ministries and departments that are saddled with similar but complementary responsibilities rather than promoting unnecessary rivalry.

    “We see one another as competitors rather than collaborators. We have forgotten that we are all working for the government and for the well-being of the citizens.

    “SON and NAFDAC should not see each other as competitors, while SMEDAN and ITF should accept that they are complementing each other’s effort to growing the economy,” he said.

    He, therefore, promised that the agency would put in all efforts to ensure that the SME sub-sector is used as a driver to take the nation out of economic recession, adding that it has been collaborating with other agencies and organisations on vocational and entrepreneurial training, capacity building and financial sourcing.

  • PenCom emerges best performing establishment in Africa

    PenCom emerges best performing establishment in Africa

    The National Pension Commission (PenCom) has emerged the best performing pension institution on governance in Africa.

    The Commission was also awarded the best performed in coverage and social economic impact.

    The award is the maiden edition of the Africa Pensions Awards (APA) presented at the closing ceremony of the World Pension Summit Africa Special in Abuja.

    Present at the event were governors Nasir el-Rufai of Kaduna State, Atiku Bagudu of Kebbi and Udom Emmanuel of Akwa-Ibom. Also in attendance were senators, members of the diplomatic corps, local and international economic experts, stakeholders across the world in the pension industry.

    In the category of pension coverage, the Kenyan Retirement Benefit Authority was declared winner of the best performed pension institution based on its wide coverage of its informal sector while in the category of Economic Social Impact, the Namibia Financial Institution Supervisory Authority (NAMFISA) was adjudged the best based on its innovations in pension regulation, and security markets regulation.

    The Chairman of the African Pension Award Committee, John Ashcroft who announced the winners of the awards said the 2015 African Pension Award was structured into three categories namely governance, pension coverage and social economic impact.

    He explained that the governance category awards was to honour countries which introduced innovations in the legal and institutional frameworks, adopted efficiency in their pension processes, corporate governance structures and service delivery.

    He added that the pension coverage award category was designed to celebrate countries that provided channels for sustainable livelihood like basic needs such as food and shelter for its citizenry, especially during old age.

    He said: “It is also intended to honour countries which have incorporated both the formal and informal sectors of the economy in their pension scheme.

    “The social economic impacts category was designed to evaluate how countries that utilised pension funds under the contributory system, to provide financial intermediation for the real sector and infrastructure development. It is also designed to honour nations whose pension funds impacted their local capital markets and insurance.”

  • Falana seeks establishment of electoral offences tribunal

    Falana seeks establishment of electoral offences tribunal

    Lagos lawyer Femi Falana (SAN) has urged the Federal Government to set up an  Electoral Offences Tribunal to successfully tackle violence and irregularities during elections.

    The tribunal, he said, would be  “an autonomous and ad hoc body, as it may not have much to do in between election period”.

    Falana’s advice is in consonance with Ahmed Lemu Panel’s recommendation  in 2011, which said electoral offenders ought to be prosecuted in order to stop electoral violence.

    In a statement in Lagos  titled: “How to stop political violence”, Falana said: “It is high time an end was put to the official endorsement of politically motivated violence in the country.”

    According to him, President Goodluck Jonathan should set up the tribunal having signed the  non-violence accord  with the presidential candidates of other political parties.

    Falana said should the federal government  declined to do so, the Independent National Electoral Commission (INEC)  should prosecute electoral offenders in accordance with  Section 150  of the Electoral Act.

    “But since the INEC  lacks the capacity to discharge the onerous statutory duty,  the Nigerian Bar Association (NBA) should take up the task of prosecuting electoral offenders throughout the country.

    To ensure the success of his proposal, the lawyer said  the NBA should be prepared to collaborate with the Body of Attorneys-General and the Nigeria Police, emphasising that “unless electoral offenders are punished as envisaged by the Electoral Act  and the Constitution,  the subversion of the democratic process would  continue unabated”.

    Ahmed Lemu Panel had in 2011, made a strong case for the setting up of “an autonomous and constitutionally recognised Electoral Offences Tribunal, but which may be an ad hoc body as it may not have much to do in between election period”.

    Falana recalled that in 2007,  President Umaru Yar’adua admitted that the election which brought him to power was flawed and that in a bid to sanitise the electoral system,  he set up the Muhammadu Uwais’  Electoral Committee .

    “Among other recommendations the Committee called for the establishment of an Electoral Offences Tribunal. The Yaradua Administration rejected  the recommendation without any justification. However, following the political violence, which greeted the announcement of the results of the presidential election in some states in the North and Akwa Ibom in April  2011, President Goodluck Jonathan set up the Ahmed Lemu Panel to investigate the crisis.

    “From the detailed report of the Panel, 943 people were killed while 838 others were injured.  While the Federal Government has paid over N10 billion as reparation  to  the victims of the riots,  the 626 suspects, who were arrested in connection with arson, culpable homicide and other grave offences perpetrated during the civil disturbances have been left off the hook on account of official impunity that has become the order of the day under the current political dispensation,” he recalled.

    He argued that since Nigeria  claims to operate under  the Rule of Law, there is  no justification that suspects involved in sabotaging  the electoral process  have not been charged to any criminal court.

    According to him, “the crisis of impunity in the land has been compounded  by the partisan involvement of the authorities of the police, the armed forces and other security agencies  in the political process. “Although there are adequate and elaborate provisions in the Electoral Act, 2010 as amended and the penal statutes to deal with political violence and  electoral malfeasance, the managers of the neo-colonial state lack the political will to bring electoral offenders to book,” he said.

    Falana recalled that a few weeks ago,  former Secretary-General of the United Nations (UN), Mr. Kofi Anan and  the former Secretary-General of the Commonwealth, Chief Emeka Anyaoku,  jointly presided over the signing of a Non-Violence Accord by the presidential candidates of political parties that are taking part in this  month’s Election.

    “At the well celebrated ceremony which held in Abuja the candidates of the two leading political parties embraced each other. While the media and several people were excited with the development. I expressed the view that the so called peace accord would not stem the tide of political violence in the country due  to the violent nature of the electoral system coupled with official impunity.

    “In a number of decided cases, the courts have held that candidates  sponsored by political parties cannot be held vicariously liable for  politically motivated violence and electoral malpractice carried out on their behalf  unless they can be directly linked with instigating or directing their supporters to engage in such criminality. Indeed, political leaders usually dissociate themselves from acts of violence by condemning the perpetrators.

    “However, if the suspects are charged to court the leaders turn round to engage the services of lawyers to defend them. In many cases, attorneys-general are directed to file nolle prosequi to stop the prosecution of suspects, who belong to the ruling parties. Hence, the cases of the hundreds of suspects charged to court by the Police for electoral offences committed during the 2003, 2007 and 2011 general elections  were abruptly terminated   in all the states of the federation,” he argued.  Falana said Nigerians have witnessed a reign of terror by armed thugs, who have engaged in the  bombing or burning of  party secretariats;  destruction of vehicles belonging to political parties;  harassment  of political opponents; wearing of masks by “security personnel” at campaign rallies; the extra-judicial killing and brutal attacks of innocent people at party congresses and primary elections; the unprovoked assault on judges; the throwing of stones at leaders among other vices in the last few months.

    He noted that in spite of the warning by the electoral officials,  the illegal use of official vehicles by public officers for political campaigns has continued adding: “top political leaders have continued to make inciting statements. A governor published  a death wish advert, which could have provoked ethno-religious riots. Another governor attended a meeting where ex-militants threatened to declare war on the Republic if the President is “dethroned” in the forthcoming general election.

    “ It is hoped that  those who are beating the drum of war will be called to order by President Jonathan. After all, they never took part in the streets protests held in Lagos and Abuja, which compelled  the National Assembly to recognise Dr. Jonathan as the Acting President in May 2010.  Neither did they blackmail  Nigerians from all parts of the country  to vote for the President in 2011.

    “With respect to the stoning of President Jonathan during a political rally  in Bauchi, last week, Governor Isa Yaguda has pointed accusing fingers at some unnamed members of the ruling party. This is a serious allegation, which should be investigated by the Police with a view to bringing the culprits to book,” he said.

    He said the bulk of the infractions of  the Law  highlighted above took place after the signing of the peace accord. The National Human Rights Commission (NHRC) has said “signing a peace pact is easy, the more difficult part is to ensure that the political  office seekers and their supporters work within the rules of engagement”.

    Falana pointed out the fact that office seekers and their supporters cannot operate within ‘the rules of engagement” if they are treated like sacred cows.

    He posited that there is need to let political office seekers realise the fact that executive immunity does not cover election petitions and electoral offences.

    Citing Turaki v. Dalhaltu (2003) 38 WRN 54 at 168 he said: “Oguntade JCA (as he then was) held that “If a governor were to be considered immuned from court proceedings, that would create the position where a sitting governor would be able to flout election laws and regulations to the detriment of other persons contesting with him. This will make a nonsense of the election process and be against the spirit of our national Constitution, which in its tenor provides for a free and fair election.”

  • Don canvasses establishment of rubber manufacturing industries

    A lecturer, Prof. Sunday Ogunniyi, has called on the  Federal Government to establish rubber manufacturing industries in areas with large quantity of natural rubber and carbon black in the country.

    Oguniyi, a lecturer in the Department of Chemical Engineering, University of Ilorin, made the call in Ilorin.

    He said that since Nigeria was a major producer of natural rubber and carbon black, the country ought to be a leading manufacturer of rubber in the world.

    He recalled that Dunlop and Michelin, two leading tyre manufacturing companies in the world, were formerly leading producers of rubber and tyre in Nigeria.

    The professor expressed regrets that the two companies had wound up their operations in Nigeria and relocated to neighbouring countries due to dearth of back-up infrastructure.

    “The government must help to redress the situation by improving the supply of electricity in the country.

    “The government should also do everything possible to bring back these companies and even encourage new ones to start operation in the country,” he said.

    Ogunniyi decried the importation of second-hand tyres into the country, saying, “they constitute environmental nuisance’’

  • Experts seek establishment of maintenance hangar

    Experts seek establishment of maintenance hangar

    To enhance survival of air-lines, President of Aviation Roundtable, Captain Dele Ore and former Secretary-General of African Airlines Association (AFRAA), Mr Nick Fadugba, have canvassed the establishment of a strong maintenance repair organisation (MRO) for airlines in Nigeria.

    They told The Nation that until the challenge of insufficient capacity to carry out aircraft maintenance within the industry is addressed, the survival of many domestic airlines could not be guranteed.

    Ore called on the Federal Government to set up a committee to look into ways of collaborating with the Akwa Ibom maintenance repair and overhaul facility in Uyo to enhance capacity. He noted that many airlines in Nigeria lack the capacity to effect repairs locally, because the personnel and facilities required for such are not available.

    Fadugba explained that the necessity to set up a maintenance hangar in Nigeria is long overdue, saying that the survival of the industry is tied to it.

    According to the former AFRAA scribe, there is need for airlines to pool their resources together, establish the maintenance hanger and run it at a profit.

    Ore said: “The lack of maintenance capacity is the bane of Nigerian Airlines survival and profitability apart from the prohibitive cost of aviation fuel. As at today, Nigeria lacks the capacity to carry out certain categories of aircraft maintenance, especially on the brand of aircraft used for commercial purposes, such as Boeing 737, the Embraer, the Fokker, ATR. The all-important ‘C’ checks and above have to be done outside Nigeria in such places as Addis-Ababa, Ethiopia, Europe and the United States.

    “The government has to muster the political and financial muscle to establish a national maintenance centre to help our airlines to keep afloat and save them from extinction.

    “This issue alone has become the albatross of so many grounded domestic airlines, from Gas Air the first domestic commercial airline in the 1980’s, to others, such as Harco, Harka, Freedom,Trans-Sahara, Okada, Space World, Savannah, Fresh, Dasab and EAS/Nicon Airlines.

    “Today, four carriers, namely Arik Air, Medview, Aero Airlines, IRS Airlines are the surviving airlines, any of which can become distressed due to lack of adequate maintenance repair organisation.

    “As a matter of urgency, the president should set up an implementation committee of professionals in various areas to fast-track the realisation of the objective of the MRO in Akwa Ibom State whose members should include engineers, pilots, air traffic controllers, financial experts, as well as representatives of the Ministry of Aviation, the Presidency and Akwa Ibom State’s government,” he said.

    He added that it should enjoy a tax holiday for seven years.

    Also, Fadugba added: “ Nigeria is ripe to have an aircraft maintenance hangar. It is long overdue. We can acquire the expertise. The point is, do we have enough aircraft fleet? No we don’t. All the commercial aircraft are just about 50. Seriously speaking, Nigeria needs a modern international MRO (Maintenance Repair Overhaul), in Lagos.

    “MRO must be where the business is, which is Lagos. Abuja is great, but MRO must be where the business is, and that is Lagos, because not only will you do line maintenance (daily servicing of the aircraft), you can also do checks- light and heavy. It is a all a process and it won’t happen overnight. One airline may not be able to build a hangar, or none of them has the fleet size to justify the investment.”

  • Monarch lauds establishment of Citizens’ Mediation Centre

    The Onibeju of Ibejuland, Oba Rafiu Olusegun Salami, has praised the establishment of the Citizens’ Mediation Centre CMC) by the Lagos State Government in his domain.

    It was when he received officials of the Centre at his palace.

    The visit was to commemorate the re-location of the centre to its permanent office at Ibeju Lekki. The centre was sharing the Ibeju-Lekki Local Council Development Authority (LCDA) Headquarters.

    He said the establishment of the centre would reduce the busy schedules of Obas who have had to resolve disputes in their various domains.

    The monarch noted that he and his chiefs have been inundated with enormous cases similar to services rendered by the centre.

    He promised to encourage Chiefs and Baales in his domain to direct all civil matters to the centre for professional and prompt resolution.

    Oba Salami urged the centre to brace for the task ahead as more cases would be referred to it now that residents are better informed about its services. He added that issues that would be brought to the centre would be predominantly land matters because of the peculiarity of the area.

    Chairman of Ibeju-Lekki LCDA, Kemi Surakat, said the presence of the centre in the locality would reduce litigations. He promised his administration’s support for the centre.

    The Director of the centre, Mrs. Sedoten Ogunsanya, who was represented by the Unit Head of Amukoko Centre, Mrs. Olubunmi Obadan, said the CMC has resolved about 16,948 cases through amicable resolution this year.

    She noted that the aim of the sensitisation is to educate and enlighten residents about the services rendered by the centre and how they can benefit from them.

    ‘‘The essence of the programme is to make the public be aware of provision of free mediation services to residents of Lagos State on civil matters, which will prevent some cases from being heard in court, so as to reduce the pressure on courts and cost of litigation,’’ she said.

    Mrs Ogunsanya urged indigent persons not to shy away from availing themselves the opportunity provided through amicable dispute resolution by the centre which according to her is free and devoid of tribal sentiments.