Tag: Fed Govt

  • 53 gold-plated iPhones: Ezekwesili urges Fed Govt to speak up

    Former Education Minister Dr. Oby Ezekwesili yesterday urged the Federal Government to comment on the allegation that it has ordered 53 gold-plated iPhones worth about N662 million to mark the country’s 53rd Independence Anniversary.

    She wrote this on Twitter in reaction to the story, which originated from a Dubai businessman, Mr. Amjad Ali.

    Ali told the British media that the Federal Government had ordered customised iPhones from Gold and Co., a British luxury company.

    He alleged that the Nigerian government had joined his company’s growing clients, including royal families, governments and minted customers across Russia, China and the Middle East.

    Ali alleged that his company was working hard to meet the Nigerian government’s order for the phones.

    He said: “We will engrave them with the Coat of Arms, a shield and two horses.

    “Each of the device costs between £3, 000 and £50,000.”

    Dr. Ezekwesili said the Federal Government must confirm, refute or clarify issues concerning the gold-plated phones.

    She said: “The Federal Government must treat citizens with respect and confirm, rebut or clarify this obscene story of 53 gold-plated iPhones.”

  • Fed govt to prosecute firms with poor financial records

    The Chief Executive Officer, Financial Reporting Council of Nigeria, (FRCN) Jim Obazee has called on public and private institutions in Nigeria to review their financial laws in compliance with the international standards on accounting and reporting.

    Obazee made this appeal at the 2013 Annual Conference on Corporate Governance organised by Society for Corporate Governance Nigeria, in Lagos.

    According to him, “We can only build credible institutions that can compete in the global market when we uphold the various financial codes that of best international practice.”

    Good corporate governance, he said: “Include, good moral values, ethics, integrity, accountability, transparency and openness which are recipes for economy transformation in any country of the world.”

    Obazee noted that although Nigeria is endowed with immense resources to achieve economic growth and transformation, but the lack of capacity to implement the unified codes across private institutions, public corporation, charity organisation, political parties, churches and mosques on financial reporting has become the bane of the country’s development.

    He restated the commitment of the government towards providing good governance and transparency.

    “Nigerians are no more interested in how many roads, hospitals and other amenities that we build but what amount revenue have we gotten, how much revenue have we generated, how were they ultilised and whether its met with our electoral promises is very apt”, he said.

    Obazee who also doubles as Chairman, International Standards of Accounting and Reporting (ISAR) of the United Nations, declared that the government was determined to clamp down on institutions that do not have good record keeping as licensees will be withdrawn and their names displaced on the website for non-compliance to statutory laws on financial codes of corporate governance.

    In his remarks, the Company Secretary, First Bank of Nigeria, Mr. Tijjani Borodo asserted that government must set the pace for the entrenchment of corporate governance culture in Nigeria.

    “Government at all levels are the biggest spender and they have the onerous responsibility toward promoting values that will be emulated and upheld in other sector of our national life responsi8blity to

    Earlier, in his opening address, the President of the Society, Chief Olusegun Osunkeye noted that although there are improvements in corporate governance in Nigeria, there is still work to be done. “We need to continue to discuss and debate on how best we can sustain the culture of corporate governance in Nigeria.”

    He lauded the effort of the FRCN on the introduction business ethic in schools which according to him, It is a good initiative to catch them young so that our children will be taught on the spirit and not just the letter of corporate governance in Nigeria.

  • Fed Govt begins skills acquisition programme

    Fed Govt begins skills acquisition programme

    The Director-General of Industrial Training Fund (ITF), Prof. Longmas Wapmuk, has expressed the commitment of the Federal Government to develop the skills of youths to make them self employed.

    Wapmuk, who is also the Chief Executive of the ITF, said this in Port Harcourt at the inauguration of the National Industrial Skills Development Programme.

    He said the workshop was designed by the Federal Ministry of Industry, Trade and Investment to develop the skills and build capacity of the youth to be self-employed.

    Wapmuk said that the programme would fast track the achievement of the National Industrial Revolution Plan of the Federal Government’s transformation agenda.

    The chief executive said that the objective of the programme was to provide the skills to support the plan.

    He said that the training was to develop high skilled entrepreneurial workforce for small and medium enterprises (SMES) in areas where they had competitive and comparative advantage.

    According to him, the training will reduce youth restiveness and contribute immensely to wealth creation, poverty reduction and enhance national unity.

    “This programme has successfully been implemented in 23 states and FCT from January to August, and has produced 23,000 youths at the rate of 1,000 youths per state and FCT,’’ he said.

    The Area Manager, ITF Port Harcourt, Mr Abdul-Rasaq Adeniran, said that the ITF, in consultation with the state Ministry of Employment Generation and Empowerment, selected 1,000 youths.

    Adeniran said that the selection was done from the 23 local government areas in Rivers to benefit from the phase three of the programme.

    He said that the programme would be domiciled at designated training centres in each of the three senatorial districts of the state.

    Adeniran called on the state government and other stakeholders to continue to support the programme.

    He urged the beneficiaries to make good use of the opportunity availed through the training to improve themselves.

  • Fed Govt: meeting ASUU’s demands can shut down Nigeria

    The Federal Government yesterday said government’s activities may be shut down if the demands of the Academic Staff Union of Universities (ASUU) and those of other sectors are fully met.

    The Minister of Information, Labaran Maku, said this in Abuja yesterday when he addressed State House correspondents after the Federal Executive Council meeting presided over by President Goodluck Jonathan.

    He said the Federal Government has been spending so much on the development of tertiary education.

    Maku urged ASUU to reconsider its demands since there are many demands from other sectors before the Federal Government.

    He said the huge sum spent to restore peace following the Boko Haram insurgency in the North would have been used to finance education and other sectors.

    Said he: “This country belongs to all of us. If we all insist that every sector’s problems must be completely solved, we will down tools, we will not work, then the country will stop working. If we say every problem we face in this country, we will not work until it is resolved, then I’m sure there is no sector that will work.

    “It is our country, we are partners with ASUU, we are friends, they are our patriots and we understand the critical roles the university teachers are playing to create a new society we are hoping to have. But at the same time, we have to put the nation first.

    “I know all of us desire more from the system, but the truth is that there are limitations and from the limitations we have, we believe ASUU really needs to do a rethink and ensure that we reopen our universities because we are feeling the pains of our children being at home.”

    Maku continued: “Government has priorities; education remains the number one priority and will continuously remain the number one priority of a developing country like Nigeria. There is no way we can avoid it. The quality of human capital is going to determine the future of our country. But at the same time, when you look at the environment today, we are dealing with power supply, railway that has broken down many years ago.

    “We’re dealing with roads, creating an enabling environment for the industries to prosper. There is no area today that you touch that you do not have an urgency for the government to deal with.

    “I just want to say that it is unfortunate that our students are still at home. It is very sad because the Federal Government has done so much in the last three years for education. People can compare the statistics. When we were on the Good Governance Tour and we got to the University of Benin, we saw 37 projects completed, including the new Senate chambers built under this administration. Most of the projects were carried out through the Tertiary Education Trust Fund.

    “There is no federal university today that does not have multiple projects. There is no federal university at the moment, including polytechnics and colleges of education, even state polytechnics, we are funding them.”

    The Minister of Education, Prof. Ruqayyatu Rufa’I, said the Federal Government has done its best to finance education, but ASUU has been giving the public the impression that government has not done anything on the agreement signed in 2009.

  • Fed Govt to stop rice importation in 2014

    Fed Govt to stop rice importation in 2014

    To grow the local market, the Federal Government will stop rice importation next year, a Director in the Federal Ministry of Agriculture and Rural Development, Mr Adebisi Buhari, has said.

    To this end, the government, he said, was facilitating massive cultivation of rice.

    The government, he said, would also stop the importation of other products that can be produced locally, adding that he is optimistic that the objective would be realised.

    Buhari said the government would work with communities and private firms to boost production in the country, adding that the government would encourage private sector involvement in the development of the agriculture sector, particularly rice production.

    Stressing that food importation was affecting the nation, Buhari said the government was collaborating with Pategi and Share communities in Kwara State to establish high capacity rice mills to boost production.

    He said the government had provided platforms for farmers to access loans and other incentives to improve crop production in the country.

    Buhari urged Nigerians to key into the transformation of the sector to because agriculture is a veritable business to boost the economy.

    The government, he said, would provide a level playing ground for prospective farmers to invest in the sector, to ensure its sustainability.

    Meanwhile, the Institute for Rice Research in Birnin Kebbi State, will produce 1.8 tonnes of rice this year.

    Its Head, Mr Phillips Ibrahim, told the Deputy Governor, Alhaji Ibrahim Aliyu, that the institute had prepared 50 hectares of farmland in four different parts of the state for large-scale rice production.

    He said: “The target is to produce 1.8 tonnes of the commodity this year”.

    Four of the centres,he said were in Yauri local government area for rice farming and two in Zuru local government area for soya beans production.

    While commending the state government for supporting the centres, Ibrahim requested for vehicles to improve monitoring and expansion of the scheme as well as accommodation for staff.

    The institute, he said, would support farmers in the area of on modern farming techniques for high yield.

    Responding, the deputy governor said the state would collaborate with the institute for commercial rice production, using modern techniques.

    Aliyu said the support would boost the quest for food security and economic benefits to farmers.

  • Fed Govt gives N4b to Unizik

    The Federal Government has released over N4billion to the Nnamdi Azikiwe University, Awka, in Anambra State for infrastructural, development and earned allowances.

    The money, according to the Vice Chancellor, Prof. Boniface Egboka, was part of the N100 billion shared by 59 universities and N30 billion approved for 36 federal institutions.

    This was contained in a letter to the institution by the committee appointed by the Federal Government, headed by the Secretary to the Government of the Federation (SGF), Anyim Pius Anyim, to mediate on the face-off with the Academic staff Union of Universities (ASUU).

    Egboka said of the N100 billion released for infrastructural development, the school got N3.050 billion and another N1.184billion from the N30 billion

    The university, since its establishment in 1991, has not received the mandatory take off grant of N500 million.

     

  • Fed Govt, SON others launch ‘zero tolerance for substandard products’

    Fed Govt, SON others launch ‘zero tolerance for substandard products’

    The Federal Government has drawn the attention of the public to the implications of substandard products on the economy.

    The Minister of State for Industry, Trade & Investment, Dr. Samuel Ortom, said the loss in human and material form should be of great concern to all.

    He spoke at a forum organised by Standards Organisation of Nigeria (SON)  in collaboration with the Lagos State Government, and others in Lagos on Sandcrete Block.

    He regretted that in spite of improvement in technology advances, the nation in recent times, has witnessed building failures.

    He said: “Worthy of note is that most of the collapsed buildings are either recently built, or still under construction which underscores the fact that the nation has a lot to do in quality assurance, both in production processes and the application of relevant specifications in applicable standards.”

    He said the Ministry launched the campaign to sanitise the building sector from the stage of material manufacturing to its application in building production.

    He confirmed programmes put in place by SON to promote the manufacturure and distribution of quality products in Nigeria, such as the Mandatory Conformity Assessment Programme (MANCAP) for all local goods.

    Ortom said operators in the Sandcrete Block moulding  sector, will not be allowed to operate in all the states unless they adhere to the provisions of MANCAP programme and certification.

  • Fed Govt seeks compliance in weight, measuring instrument

    Fed Govt seeks compliance in weight, measuring instrument

    The Federal Government is set to ensure compliance in the usage of weighing and measuring instrument in all sectors of the economy.

    The Chief Executive Officer NIGERCO Nigeria Ltd, Engr. Yabagi Sani disclosed this at a briefing in Abuja.

    He said, “All organisation involved should register their weight, measures, weighing and measuring instruments used for trade within Nigeria and have them verified in line with section 7 of the weight and measures Act, CAP W3 LFN, 2004. This is necessary because trade between countries often involves huge amount of money, therefore a small error in measurement of flow rates or quantity of gas represents a significant amount of money. “

    Continuing, he said: “Every day consumers, traders industries, government regulators and collectors of taxes and duties make a decision based on measurement and these affect economics and personal well being of the society.

    “From a consumer’s perspective, a kilogram of rice must be a kilogram and no less, a motorist needs to trust the volume delivered by a petro pump, a mobile telephone user must be assured in the knowledge that one minute of airtime must be one minute and no less. “

  • Fed Govt releases N250b for Q3 capital projects

    Fed Govt releases N250b for Q3 capital projects

    The Federal Government has released N250 billion for capital projects for the third quarter.

    The Special Adviser to the Coordinating Minister for the Economy and Minister of Finance, Mr Paul Nwabuikwu, said the funds would be deployed to expedite the execution of key infrastructure, security and social projects in the 2013 Budget.

    He explained in a statement that the funds were being released, “in line with the priorities set out by President Goodluck Jonathan,” adding that with the release of this new capital project funds, a total of N850 billion has so far been injected for capital projects this year.

    He explained that utilisation of the released funds for capital projects for the year has also attained the 71 per cent mark.

    He said all the funds released so far have been cash-backed, adding that N400 billion and N200 billion respectively were released for capital projects in the first and second quarters of the year.

    Nwachukwu said the implementation of various capital projects across the country were on-going, stressing that currently, utilisation of the released funds for capital projects for this year stands at 71 per cent.”

  • Fed Govt urges health workers to end strike

    Fed Govt urges health workers to end strike

    The Minister of Health, Prof Onyebuchi Chukwu, has accused the striking Joint Health Sector Unions (JOHESU) of being impatient with the government.

    The minister said the issues raised by the union were before the Appeal Court.

    Prof Chukwu, who addressed reporters yesterday in Abuja, urged the striking workers to return to work in the interest of the masses.

    A meeting has been scheduled for Monday involving him, his Labour counterpart, and the health workers as part of the efforts to resolve the lingering crisis.

    Prof Chukwu, who was responding to a question on why the government has failed to implement the court ruling, said: “The minister is expected to act under an expert advice. Our lawyers strongly advise that this ruling does not matter. That the judgement is contradictory and they illustrated it to convince us that it is a bundle of confusion and contradiction. The lawyers after critically studying the judgement advised that we should appeal the ruling because if left unchallenged at the appeal court, it will cause problem and confusion for the government and the entire country in future. The Office of the Attorney-General also looked at the ruling and advised that we should appeal. What do you want the minister to do?

    “We are, therefore, appealing to all stakeholders to be reasonable and patient.”

    Prof Chukwu added: “I don’t see how it is my fault that they will go on strike while the matter is still in court. Usually for any judgement, there is a small window you have for appeal. For the court to have accepted and registered our appeal means that we complied within that period.”