Tag: GOVT

  • Govt approves introduction of new fertiliser input

    The Federal Ministry of Agriculture and Rural Development has approved the introduction of Urea Super Granule (USG) fertilisers as one of the agro-inputs to be distributed under the Growth Enhancement Support (GES) scheme.

    According to the Communications Coordinator, the International Fertilizer Distribution Centre (IFDC), Mrs. Feyikemi Adurogbanga, the new fertilizer input will be distributed in Kano, Kebbi, Jigawa, Niger, and Sokoto on a pilot base.

    She said the technology, which is mainly practiced under irrigated system enables farmers to minimize production costs, use less quantity of fertilizer, increase yield and reduces runoff and volatilization rate of urea.

    “The urea briquettes are produced using briquetting machines. USAID-MARKETS II project is partnering with the Federal Government to increase awareness and develop a robust market demand for the UDP technology amongst smallholder farmers.

    “The USG fertilizer is a component of the Urea Deep Placement (UDP) technology introduced in Nigeria by IFDC. It is currently being promoted by the United States Agency of International Development (USAID USAID-MarketsII, maximizing agricultural revenue in key Enterprises and Targeted Sites II (Markets II) project.

    “The UDP technology is a one-time application of urea (briquettes) 5-7cm deep into the soil in between four transplanted rice stands,” she said in a statement in Abuja.

    According to her, since the inception of the project in 2012, about 200,000 farmers have been trained on the UDP technology.

    She added that the partnership will cause an increase in farmers trained because targeted farmers will receive training from USAID-MARKETS II project in the various redemption centers across the five states.

    Director of the Federal Fertilizer Department,  the Ministry of Agriculture, Mr. Akinbolawa Osho,explained that the introduction of the input into GES will increase the robustness of the scheme as well as develop a new input supply chain that will create jobs for various actors.

    “Each Farmer will receive 40Kg of USG fertilizers; in addition to two 50kg bags of NPK and improved seeds during the upcoming dry season GES at an approved subsidy rate.”

     

     

  • Govt flies abandoned girl to Abuja

    Govt flies abandoned girl to Abuja

    It has been confirmed that the Federal Government has moved the Chibok girl, Susan Ishaya, abandoned by Boko Haram, to Abuja for further treatment.

    She was moved from the Police Hospital in Yola on Saturday to an undisclosed location in Abuja where she is receiving treatment.

    Susan’s identity is yet to be confirmed or her parents identified, since the parents, who travelled to Yola to meet her with the Vice Principal of the Government Girls Secondary School, Chibok were unable to see her because she was flown out without their knowledge.

    The Director of Publicity, Kibaku Area Development Association (KADA), Dr. Manasseh Allen, spoke yesterday in Abuja at the gathering of the #BringBackOurGirls advocacy members.

    He said it would be important to Susan’s recovery if she was reunited with her parents.

    His words: “She was moved by security agencies to Abuja from Yola yesterday. Her location has not been disclosed to us, they are working on her medical condition first before they can acquire any information from her.

    “They have found out that she is still incoherent,  she keeps repeating herself and at times she keeps repeating statements, which means we cannot depend on her words for now, but our leaders are in touch with the authorities and government. As I speak to you now, there are people on standby waiting on the military authorities so that they can have access to Susan and ensure proper medical attention is given to her before we can go on with whatever can come after.

    “No parent has made any contact with her. As I’m speaking to you, no one can say she is from Chibok because no one is yet to meet her.

    “My concern is that in every rehabilitation, family is essential, even in the healing process. So it is essential that Susan is reunited with her family as soon as possible so that the process of her psychological healing will be complete.”

  • LCCI canvasses PPP collaboration with govt

    LCCI canvasses PPP collaboration with govt

    • Chamber decries double taxation

    President of Lagos Chamber of Commerce and Industry (LCCI), Alhaji ‘Remi Bello, has canvassed the need for collaboration between the private sector and government. He stressed that public-private dialogue is critical to the progress of the state, the welfare of the citizens and the prosperity of businesses.

    He spoke at a meeting held in Lagos last week, between LCCI and Lagos State Governor Babatunde Fashola. He noted that the chamber and the state government have the collective duty to continue to promote and strengthen Lagos as the commercial nerve centre of the country and indeed, the West African Sub region and as a model megacity on the African continent.

    Bello acknowledged the impact made by the governor in areas such as security of lives, environmental improvement and beautification, and huge investment in drainage improvement. Others are infrastructural development, massive railway project on the Lagos Mile-2 corridor, traffic management, industrial parks and enterprise zones.

    He further praised Fashola on investments in the power sector, urban renewal projects and intervention in the traffic gridlock created by the heavy duty trucks and tankers along the Mile 2-Apapa axis.

    He said: “It is widely acknowledged that private sector productivity is a function of the quality of the investment climate. The Lagos State government is working in tandem with this realisation. We however, will like to draw attention to some issues of concern to the business community in the state such as multiplicity and arbitrariness of levies by local government councils

    Bello further said: “We have issues with the manner in which the local government councils manage this aspect of their functions. There are concerns about the method, the process and level of transparency. There are several instances of arbitrariness in the imposition of levies. Most often, these are at variance with approved rates.”

    The LCCI president said many organisations have suffered embarrassment following demand by local council officials for radio and television permit, for instance, which come with a lot of arbitrariness with rates ranging from  N50,000 per annum to N200,000 per annum. “Only recently, a local government council sealed up the premises of a company for failure to pay N200,000 for radio and television permit whereas the approved rate is N10,000. It took the intervention of the office of the Special Adviser on Taxation and Revenue to unseal the premises,” he said.

    He also identified parking permit where he said many organisations have been served with various charges for parking permit ranging from N100,000 per annum to  N500,000 per annum depending on the locations and number of parking lots. According to him, there are instances where both local and state officials make demands on the same companies for parking fees. “For companies in the small and medium enterprise categories, these demands could be very burdensome,” he said.

    Bello called on the governor to prevail on the officials and the agencies to moderate the fees and streamline the levies/permits. He also called for proper coordination between the state and local councils.

    While lauding the setting up of  the  Lagos State  Environmental Protection Agency  (LASEPA) and the need to protect the environment and ensure adherence to best practices in the operations of  entrepreneurs, he criticised the seeming greater emphasis on revenue drive than the core mandate of protecting the environment. The use of consultants for this purpose, he said, has further worsened the process.

    He berated the numerous charges imposed on manufacturers most of which are small businesses. A typical payment request by LASEPA, he revealed, could be as high as N500,000, which consists of the following: environmental development charge, chemical storage permit, laboratory analysis fee, submission fees for environment assessment and submission fees for environmental audit report.

  • Govt must fund education, says Amaechi

    Govt must fund education, says Amaechi

    Rivers State Governor Rotimi Amaechi has called for improved funding for education.

    Amaechi spoke at the 18th – 20th convocation of the Rivers State Polytechnic Bori, for the award of diplomas, HND certificates and prizes held at the convocation arena.

    He said: “Nigeria must have the capacity to create the human capital needed for economic development.

    “There are serious concerns that our higher institutions are producing graduates not fit for purpose.

    “In other words, our children are leaving school without the knowledge to sustain them or contribute to the development of the national economy.”

    “Early, in the life of this administration, we declared a state of emergency in the education sector to make Rivers the hub of education, not only in Nigeria, but also in sub-Sahara Africa.

    “Our commitment is to improve services and the quality of education and make it more relevant to productive activities, including value re-orientation, employment and wealth creation.

    “We shall continue to pursue that dream vigorously and also confront the challenges bedeviling the education sector.

    “Even as we strive to revitalise the sector, I am delighted to say that our efforts are bearing fruitful results.

    “The naming of Port Harcourt as the World Book Capital 2014 and other achievements gave eloquent testimony of the recognition.

    “It is an unprecedented achievement as we put Rivers State and Nigeria on the global map.

    “We have made tremendous efforts to replace the guns that were in the hands of our misguided youths, thus, providing them with windows of opportunities and endless possibilities.”

  • Govt warns  striking workers

    Govt warns striking workers

    The Edo State government has threatened to sack all striking workers of the state-owned tertiary institutions, if they fail to return to work today.

    The coalition of unions has vowed to go on a street protest and directed all its members to ignore the threat, adding that government is not ready to address the issues.

    The affected institutions are College of Education, Ekiadolor; College of Agriculture, Iguoriakhi; Institute of Management Technology, Usen and College of Education, Igueben.

    A circular on behalf of the Acting Registrar of the State College of Agriculture, Iguoriakhi, O. Osawemwenze, said: “I’m directed to inform all striking members of your union that they resume duties today.

    “Interestingly, management has not defaulted in the payment of salaries.  I’m, therefore, to add further that any worker who refuses to heed to this directive will be sacked forthwith.”

    The president of the coalition, Fred Omonuwa, said: “We want the public to understand that the strike involves both academic and non-academic staffs of these institutions.

    “We have directed our members to ignore the government’s threat but should any worker be sacked, we don’t have any choice than to organise a mass protest to the Government House.”

  • Govt to address cassava bread’s challenges

    A robust cassava  bread  sector is necessary for sustained economic growth and high-paying jobs in Nigeria, the  Technical Adviser(Cassava Value Chain) to the Minister  of Agriculture  and Rural Development , Mrs  Oluwatoyin Adetunji,  has  said.

    To achieve  this, Adetunji   said    government would  develop a sustainable cassava bread  sector  that would  help  raise  farmers  income,  improve  food  security and  contribute to an expansion of the rural cottage  industry.

    Speaking at the sidelines  during  a  training  for  master  bakers  in the  South  West   region, in Lagos , she   said the  government   intends  to  encourage   more  farmers  to  include cassava in bread  preparation,adding that it  would reduce  production cost incurred  as a result of using   wheat as  a major  component.

    Right  now, she  said most farmers  include  10  percent  cassava in  bread production ,which  means a lot  in terms of  reduction of cost .  So far, she said 140 bakers have been trained  from  the  South West part  of  the country.

    In addition, Mrs Adetunji    said  the  government  was ready   to  assist bakers   to adopt the   technology to  improve  cassava bread  production.  This at the end, will help to raise the  volume and quality of high quality  cassava bread, increase the efficiency of the supply chain and develop new markets.

    The  government, she  reiterated   supply  lines  of  high quality b cassava  flour (HQCF)  for  bakeries   and upgrade  traditional processing practices  to  make  cassava  bread for  defined  markets.

    As  there is ongoing  arrangement to  ensure bakers take  delivery  of  machines,Mrs Adetunji  said  the    government  is  determined   to  remove   existing constraints in cassava bread  production, while  small bakers  will  be  supported  to  increase productivity and improve  their entrepreneurial capabilities.

    Chairman, South West Zone Association of Master Bakers and Caterers of Nigeria, Alhaji Abibulah Abolusodun   said the first training was held last year in Osun State.

    He said beneficiaries  were  drawn  from seven  states in the South West.

    With  more  bakers  supported  to  invest in cassava bread  production,  he  said  a large number  of  youths  would   get  employed,  farmers  would  earn  more and new  cassava  production and processing businesses  would spring up.

    According to him, the  basic high cost  bakers incurred is on wheat and this is responsible for supplies becoming tighter.

     

     

  • Govt restructures national productivity system

    Govt restructures national productivity system

    The Federal Government is set to restructure the country’s national productivity system in order to evaluate resources invested in the economy and ensure maximum performance and service delivery.

    The Permanent Secretary, Ministry of Labour and Productivity, Dr. Clement Iloh disclosed who spoke in Abuja at a workshop themed: “Implementing National Policy on Productivity and Basic productivity Improvement Techniques in Workplaces”, said the workshop was aimed at improving productivity in the country.

    He said measures were being put in place to develop and apply strategies for implementation of the national policy on productivity.

    According to Iloh,  productivity improvement tools and techniques are critical instruments for the realisation of government’s transformation agenda in innovation, excellence at work, global competiveness, products and quality services delivery. He expressed concern that for over  two decades the level of national productivity particularly labour productivity, has been on the decline.

    “Furthermore, government’s efforts at enhancing productivity have not yielded the desired impact due to low performance resulting from the low capacity of officers charged with responsibility to handle productivity improvement matters,” he said, urging participants to maximise the benefits of the workshop by acquiring knowledge, skill and competence on productivity measurement and improvement techniques for application in workplaces.

  • ‘Why govt should assist private varsities’

    ‘Why govt should assist private varsities’

    The President and Founder,  Afe Babalola University, Ado-Ekiti, on the occasion of the opening of the  UNESCO Staff Retreat on Regional Programmes, made far-reaching recomendations capable of lifting the education sector.

    I join the Vice Chancellor, Prof. M. O. Ajisafe to welcome our amiable and esteemed Professor Mrs. Alidou, Regional Director of UNESCO in West Africa to the first UNESCO staff retreat on regional programmes in Nigeria holding on ABUAD campus.

    I consider it a great honour for choosing ABUAD for the first UNESCO staff retreat on regional programmes.

    I was informed that this retreat is aimed at implementing three strategies as follows:

    (a)        Validate the UNESCO Regional Programme within the 8 countries in the region for 2014 and 2015;

    (b)        Validate UNESCO strategy to enhance its visibility and knowledge management; and

    (c)        Formulate UNESCO strategy for resources mobilization.

    From the foregoing, one of the objectives of this retreat is to enhance the visibility of UNESCO. I sincerely believe that ABUAD is the proper place to hold the retreat because it offers an instant launching pad to popularise your visibility. Another objective of this retreat is to enhance UNESCO’s knowledge management. Again with all humility, I say, ABUAD is the right venue having regard to the ABUAD’s pragmatic approach to education and its reformative programme for quality and functional education. Again, another objective of the retreat is to enable UNESCO to formulate strategy for resource management. Again, I say, ABUAD is the right place in view of its acclaimed success in resources management.

    I asked myself how can an international organisation best envisage the ways in which it can influence or promote the creative activities of man, so as to promote the welfare of the entire human species most effectively and most enduringly?

    My simple answer is that education is the most effective way of influencing and promoting the welfare of man. A retreat is an acknowledged way of educating participants practical and slow way to achieve such objective. A retreat is a place where a person goes for a time in order to be quiet, pray and mediate. The UNESCO retreat starting today certainly will provide the opportunity for UNESCO staff to identify key milestones for the validation and implementation of UNESCO’s strategic plan for the region.

    Records show that education is a major programme of UNESCO. In his keynote address, delivered at the opening ceremony of the UNESCO-CEPES International Jubilee Conference on “Higher Education in the Twenty-First Century: Its Role and Contribution to Our Common Advancement”, Bucharest, 6–8 September 2002, Sir John Daniel, the former Assistant Director-General for Education at UNESCO (2001-2004), underscored how education was (and still is) important to UNESCO, noting that: “Education has been at the center of the activities of UNESCO since the organization was set up in 1946.” Therefore UNESCO has put education on top of its development agenda.

    It is heart-warming and I believe UNESCO Regional Office in Abuja must be happy that both high and low in this part of the world appreciate what you are doing in the sphere of education so much so that when I intimated the IITA that this retreat will take place in ABUAD, the Deputy Director General, Prof. Kenton Dashiell warmed up to it and spontaneously agreed to come to ABUAD and address this august gathering.

    I wish to seize this opportunity to pay special tribute to Dr. Aicha Lalla Ben Barka for the beautiful letter I received from UNESCO Headquarters in Paris inviting ABUAD for collaboration on the UNESCO Flagship Programme 2 entitled: “Strengthening education systems for sustainable development in Africa: improving equity, quality and relevance and for acknowledging ABUAD as a prestigious university.

    Failure of International Programmes

    Evidence has shown over time that one of the critical factors that contribute to failure of international programmes in various countries, particularly in sub-Saharan Africa, is lack of home ownership of such programmes. The attitudes of the populace in the host countries have always been that of alienation from such international programmes. This makes it difficult for the host to fully participate and take lead roles to ensure that such programmes succeed.

    I therefore suggest that strategies adopted by the UNESCO after this retreat should be based on full integration  of all the stakeholders necessary for its success.

    I have no doubt that UNESCO is already thinking in this direction, considering its strategic alliance with Progressive Institutions in Nigeria and other countries such as Afe Babalola University, Ado-Ekiti. The choice of this university as the venue for this all-important retreat eloquently validates this position. It is therefore with much pleasure that I shall now proceed to highlight the relevance of our university to this 2014 UNESCO retreat.

    Relevance of ABUAD to the objectives of the retreat:

    The sum-total of the objective of this retreat is the enhancement of the quality of education in the sub-region and most certainly, both UNESCO and ABUAD have a common ground on the enhancement of the quality of education in Nigeria in particular and the world in general.

    The emergence of the reputation of ABUAD as a model university is predicated on the strategy and objectives of your retreat and therefore makes ABUAD relevant to your objective and a useful Case Study during your retreat. I will therefore like to spend some time to elaborate on how we have made it so quickly that we have become not only a “model”, but a reference point and benchmark on how a university should be run.

    But why is ABUAD so unique?

    My decision to establish the University arose from the rot and decay I saw first-hand and bare-facedly during my two-term tenure as Pro-Chancellor and Chairman of Council at the University of Lagos.  Together with my colleagues in the Council and the University Administration, we were able to do the little we could to turn the fortunes of UNILAG around so much so that that university became the best around that time and I was voted Best Pro-Chancellor twice (2005 and 2006) by NUC which also named UNILAG as No. 1 university in the country at that time.

    But for me, that was not enough as I had to leave the university at the expiration of my two term. I then decided to establish this 21st Century University to be a leader in quality, functional and reformatory education an example of what a 21st century university should be. Thank God we are achieving our goal and vision. We have won many Awards, Acknowledgments and Recognitions nationally and internationally, including the ones from UNESCO and Oxford University, NUC, Africa Student Union, professional bodies, medical, law, accounting, banking etc.

    As a matter of fact, I had wanted to name the university Model University, but I was persuaded against it in favour of allowing the color, character and achievements of the university to speak for it. We are quite elated that within one year of its existence, the NUC, the Regulatory Body for University education in Nigeria said what we were doing here was a rare combination of magic and miracle in addition to our being a model, bench mark and a reference point in quality, functional and reformatory education.

    Not only that, past presidents like Gen. Yakubu Gowon (rtd) and Chief Olusegun Obasanjo as well as the incumbent Nigerian President, Dr. Goodluck Ebele Jonathan, described it as a model with none like it around.

    Secondly, this university bears my name following the advice of the Advisory Committee with its belief that the name is identified with and synonymous with determination, industry, discipline and integrity. Exactly two years after we commenced academic works here, a parent (named withheld) wrote a most elucidating and illuminating article titled “ABUAD: Effects of the Brand name Afe Babalola” in The Sun newspaper.

    In the said article, the obviously impressed parent said:” The name Afe Babalola struck me positively and triggered in me a sense of trust and confidence. There is no way the enviable personality trait and the profound qualities of Aare Afe Babalola’s professional life would not rub off on the educational standards and culture of the university. Already, that is perceivable from the human, material and structural resources on ground”.

    What is relevant to this retreat again about ABUAD is its serene environment. If the retreat is concerned about enhanced visibility and knowledge management, you will clearly appreciate that our university is a veritable Case Study. Although there has been a subsisting curriculum for universities in Nigeria since 1962, but in two years we went beyond the benchmark by adding four new pro programmes: Mechatronics, Human Biology, Social Justice and Intelligence & Security to buoy the quality and standard of education in this clime.

    Another area relevant to the objective of this retreat is qualitative education. Here in ABUAD, we make education not only qualitative, but also functional. We have successfully introduced Entrepreneurship training and Foreign languages as part of our curriculum here. When we observed that not many students are interested in Agriculture, we set up ABUAD Agricultural Enterprise whereby apart from making food available, we give our students who graduate in Agriculture some seed money to start their own businesses instead of looking for jobs that are in very short supply. We deliberately reduced tuition for student studying agriculture by 50%.  Today, the ABUAD Agricultural Enterprise has become a Tourist Centre of some sort.

    Another area which is relevant to this retreat is quality of teachers and leadership method. We have also succeeded in enhancing the quality of education through improved teaching methods. As a matter of fact, we were the first institution in Nigeria to hold a Workshop on Teaching Methods because we believe that in addition to the various degrees earned by teachers, teachers must of necessity know how to teach to be relevant and impactful in the type of education we want to give to our students. The whole country applauded our first outing in this regard and because of the success we recorded in the said first outing, the next Workshop is slated for later in the year. Both UNESCO and NUC have been invited to partner with us on learning method.

    Again, today, our university has become a Tourist Centre not only to Nigerian Universities which daily throng here to understudy us on how a university should be run, but we moved a step higher and further when in November last year (at a time we were barely fours old) we were appointed as a Mentoring University to the new University for Industrial Development (UID) in Ghana.

    Besides, we were one of the few universities in the world, and the only one in Nigeria for that matter, invited by the United Kingdom-based UCIE Professors Network to participate at a three-day symposium at Balliol College, University of Oxford between September 27 and 29, 2014 to discuss the challenges facing education in the world.

    One of the major challenges which UNESCO is tackling now is equity, accessibility and equal opportunities for both male and female and religious tolerance. In article published by a parent referred to earlier, the parent said that the reason why she chose ABUAD is that there is religious tolerance in ABUAD. We are in partnership with UNESCO on all that as we provide equal opportunities for both male and female students. This undoubtedly must be one of the reasons why within four years our enrolment moved from 240 students in 2010 to over 4,000 in three years and particularly as that parent acknowledged, there is no religious segregation here. This, in my belief, is one of the ways any country can progress and move forward.

    There are various opportunities for scholarships to inspire students to excel and also to bridge the gap between the rich and the poor.

    Recommendation

    In ending this speech, I will like to make recommendations on three issues, namely, curriculum development, funding of higher education, government divestment in public higher education, for the purposes of education reforms, policy change and transformation in Nigeria. Although these recommendations are of primary concern to Nigeria, they have regional and international ramifications too.

    (i) Curriculum Development – In a time when change is constant, rapid, and unpredictable, universities (private or public) should have the autonomy to develop their own curriculum based on their vision and perceived needs. In doing so, other than regulatory agencies exercising control over issues such as general criteria for the appointment of teachers, general benchmark for development of curriculum, and accreditation of courses for quality assurance purposes, all universities should be given the autonomy to make their own curriculum development decisions. I believe such autonomy can lead to responsibility and increased motivation, if nurtured correctly, in the higher education system in the country. Of course, the regulatory agencies should be empowered to close down illegal universities and sanction those ones that do not comply with basic requirements for the provision of equitable, quality and relevant educational services.

    (ii)       Funding of Higher Education – Evidence suggests that the most significant area of growth in the recent global expansion in higher education has been in privately provided higher education. The United States, Japan and Chile, for example, have well-established private higher education system. Almost all the major regions of the world have private higher education and those countries where it has existed for some time have seen such provision grow strikingly. In the last two decades new private provision has emerged in the Middle East (Egypt, Israel, Jordan, Oman, Saudi Arabia and Syria), in Africa (predominantly Anglophone rather than Francophone countries), while the fall of communism has seen rapid expansion of private provision in central and eastern Europe since the 1990s.

    Yet this global expansion and the ever increasing popularity of undertaking higher learning programmes privately require resources. The provision of higher education, unlike running a company, is, however, labour intensive and, hence, even unit costs are rising for public universities that depend on public funding as much for private ones that depend largely on tuition fees for their incomes.

    While it is true that higher education creates wealth, and while it is also true that higher education is an engine of economic development, returns on investment in the higher education sector are characterized much more by time-lags of decades rather than a short-time return on investment. Therefore I suggest that Government should boost private university with financial aid commensurate with students’ attendance to help the students pay tuition fees. In addition, government, alongside companies, supra-national organisations such UNESCO and World Bank should provide support to private providers of higher education to maintain equity, quality and standards for sustainable development.

    (iii)      Government Divestment in Public Higher Education – Study has shown that the extent to which a university receives its funding from public or private sources does not determine the classification status of that university. Thus, public-private division of higher education means that neither ownership and funding, nor legal and regulatory control yields a clear-cut dichotomy, or what Levy called “ideal-type categories,” of privateness and publicness of universities. If that be the case, I will suggest a level playing field for funding of higher education (public or private) by government in terms of grants, scholarships, loan and payment of students’ tuition fees. Again, commercial sector in Nigeria, including companies, consortia of companies, publicly-listed companies and government corporations should be encouraged to support higher education, whether private or public, in providing and promoting equitable, quality and relevant education in the 21st century and beyond.

    I want to close by thanking Professor (Mrs) Hassana Alidou and the entire UNESCO staff for choosing Afe Babalola University Ado Ekiti for this year UNESCO Regional Office in Abuja Staff Retreat.

    I had the pleasure of meeting Professor Alidou for the first time in late 2013 when she accompanied Dr Laila Aicha Ben Barka, Assistant Director-General for UNESCO’s Africa Department, who was being conferred with honorary Doctor of Letters by me. Since that time, she has built new partnership with ABUAD, strengthened the UNESCO’s relationship focus with ABUAD, deepened the UNESCO’s bilateral commitment with ABUAD, and fostered creative continuing educational initiatives for ABUAD’s consideration. Thank you, Professor Alidou, for all you have done and for all that is yet to come. I truly appreciate your interest in my University.

    I hope that everyone would take the results of this Workshop to develop ideas to ensure equity, quality and relevance of higher education for sustainability, essential to national, regional, and international academic, social, and cultural integration.

    And my warm thanks to everyone again.

     

  • IPMAN urges govt on road

    The Ogun State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) urged yesterday the Federal Government to hasten the completion of the Ikorodu-Mosinmi-Sagamu Road, to ease transportation of petroleum products from its Mosinmi depot.

    The chairman, Alhaji Dele Tajudeen, who spoke with The Nation at Mosinmi in Ogun State, said he was disappointed the way the contractor handled the project.

  • Govt directs mortgage institutions to process 66,400 applications

    Govt directs mortgage institutions to process 66,400 applications

    The Federal Government has instructed primary mortgage inistitutions (PMIs) to process the applications of the over 66,000 Nigerians who applied for the 10,000 Nigerian Mortgage Refinancing Company (NMRC) housing programme.

    Addressing journalists in Abuja yesterday, the Coordinating Minister for the Economy and Minister of Finance Dr. Ngozi Okonjo-Iweala said “due to the over subscription (for the scheme) a decision has been taken to give all applicants to the lending members of NMRC to share on a pro-rata basis. Lending members of NMRC are expected to have the refinancing window of up to 20 years.”

    The initial offer of 10,000 mortgage application was over subscribed by 66,402 Nigerians who showed interest in the home ownership programme of the NMRC.

    Okonjo-Iweala directed the 17 PMIs and four commercial banks involved in the mortgage exercise to share the 66,402 applications among themselves and prequalify those who meet the criteria for accessing mortgage facilities under the NMRC initiative and get back to the government in eight weeks.

    According to her, President Goodluck Jonathan is monitoring the implementation process and assured both mortgage institutions and applicants that there is enough money to fund the 66,000 applications for now.

    Applications for the 10,000 housing programme under the NMRC closed on the 5th of this month this year with 66,402 applications received from “exceedingly excited Nigerians with applications coming from the 36 states and the FCT”.

    She said 63 per cent of the applicants were male while 37 per cent were female. She said people “tend to apply individually as 89 per cent applied in their own names while only 11 per cent were joint applicants as couples.”

    Those in the 31-40 years age bracket submitted the highest number of applications suggesting interest among the actively working group of Nigerians.

    Nigerians she said “showed that we prefer three bedroom flats/houses, with 62.7 per cent of applicants applying to acquire this property type. 32 per cent wanted two bed flats and a small percentage applied for one bedroom flats and one bedroom self-contained flats.”

    The programme she noted is for people who do not own a home, and from the information given by the applicants, “96 per cent of applicants are living in rented houses; most people (51 per cent) applied for buildings in Abuja with 18 per cent of applicants opting for Lagos. 92 per cent of the applicants have stable jobs while eight per cent are self employed.”

    Already, mortgage lenders have pre-qualified some people and asked them to look for their houses. She commended mortgage institutions for keeping to the time they said they will need to use to process applications which is eight weeks and also reducing the criteria for accessing the mortgage from 15 pages of information to just two pages.

    The mortgage lenders are expected to sift through the applications and analyse and pre-qualify all applicants culminating in the amounts each lender is willing to advance to the applicant.