Tag: Muhammadu Buhari

  • State governments key allies for successful businesses – Buhari

    President Muhammadu Buhari on Saturday described state governments as key allies for successful businesses in the country.

    Buhari made the statement at the opening of the 40th Kaduna International Trade Fair, organised by the Kaduna Chambers of Commerce, Industry, Mines and Agriculture (KADCCIMA).

    The News Agency of Nigeria (NAN) reports that the fair had the  theme, “Consolidating Interface Between Industry and Agriculture for Nigeria’s Sustainable Development”.

    Buhari, who was represented at the occasion by the Minister of Industry, Trade and Investment, Dr Okechukwu Enelama, said that the commitment of state governments was required for businesses to stay on course.

    “For instance, we rely on state governments to provide access to land, act as mediators in conflict prevention and resolution, link local Small and Medium Enterprises (SMEs) to the supply chains of processing companies.

    “States also provide the needed infrastructure to link farms to processing plants and markets, and above all, provide a conducive environment for businesses and their host communities to thrive.

    “I am glad to say that we have such a partner in the Kaduna State Government,” he said.

    He gave the assurance that the Federal Government would continue to engage KADCCIMA and the organised private sector  to catalyse investment and improve the ease of doing business.

    According to him, agriculture contributes 25.5 per cent of Nigeria’s GDP and almost 50 per cent of its labour force.

    “But we continue to face the challenge of meeting domestic food requirements, providing raw materials for the manufacturing sector and export.

    “Therefore, creating a strong linkage between agriculture and industry is a sure way of bringing about sustainable growth by creating new jobs, improving value addition.

    “The move will also create wealth for farming communities, improve manufacturing output and enable roll-out of infrastructure around farming communities which will industrialise our country in the long run,” he said.

    Read Also: I’ll leave Nigeria better than I met it, says Buhari

    Earlier, Gov. Nasir El-Rufai of Kaduna State, reiterated the state government’s commitment to building a business-friendly environment.

    El-Rufai, who was represented by Dr Hadiza Balarabe, the state  Deputy Governor-elect, congratulated KADCCIMA for 40 years of organising the private sector in the state to contribute to national development.

    He said that the state would continue to build the needed human capital by equipping teeming youths in the state with skills for entrepreneurship development.

    The President of KADCCIMA, Hajiya Muheeba Dankaka, said that the theme of the fair was chosen to support government efforts toward boosting the nation’s economy through the promotion of the non-oil sector.

    Dankaka described the 40th edition of the fair as unique, considering KADCIMA’s 40 years of contribution to the development of Kaduna State and the country.

    She thanked the Federal  Government and the Kaduna State Government for promoting the growth of the private sector in the state through various business-friendly policies.

    Also speaking, Mr Iyalode Lawson, National President, Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), congratulated KADCIMA for its 40th anniversary.

    Lawson, who was represented by  NACCIMA’s First Deputy Vice President, Mrs Saratu Aliyu, called on the federal and state governments to strengthen power supply and boost access to roads and capital.

    NAN

  • Group sues for unity in Ondo APC

    Leaders of Buhari/Osinbajo Re-election Group (BOREG) within the All Progressives Congress (APC) in Ondo state met in Akure,the Ondo state capital on Saturday to appraise the just-concluded 2019 polls.

    The meeting was aimed at  putting  the results of the elections in proper perspective for future endeavours.

    The leader of the group and Nigerian Ambassador to Togo ,Sola Iji hailed members for working assiduosly for the re-election of President Muhammadu Buhari and Vice President, Yemi Osinbajo.

    He charged supporters of the ruling party to align and work towards the next year governorship election to guarantee victory for the party.

    Iji also appreciated leaders and members of BOREG across the State for their untiring effort towards the success of the project despite ‘visible’ challenges.

    The envoy admonished them to remain steadfast and doubled their commitments to the party as a platform for progressives governance in the country.

    He assured the people that their support for the re-election project would not go unrewarded.

    Also, the Coordinator of the group, Basorun Wale Oyewole echoed the message of BOSEG leader, Iji in appreciating all members of the group for their loyalty and support for all the candidates of the party during the last general elections.

    He used the opportunity to commend all winners on APC’s platform.

    Leaders of the group in sequence commended the enviable roles the group played during the elections.
    They enjoined its leadership to keep the house intact for future engagements.

    BOSEG stakeholders resolved that both leaders and members of the group should remain committed and alive to their responsibilities in their respective local government areas.

    It would be recalled that the group’s leader, Iji ahead of the Presidential/National Assembly polls in the state donated 20 branded vehicles, Giant Bill Boards and Office accommodation in support of Buhari’s re-election.

    At the parley were former Speaker, Ondo State Assembly, Kenneth Olawale,Dr Segun Ayodele, former commissioner, Mrs Yinka Alabi, and Wale Akintimehin.

    Others are O.Omoogun, Samson Ojetayo,Eben Ogunrinde, Bolu Adeboye,Bisi Ayeni, Chief S.A Idris,Olakunle Eko, Mrs Kehinde Adeniran(KK) and Rotimi Agbede who are all APC stalwarts.

  • FG launches Micro Pension Plan for informal sector

    As part of the federal government’s initiative to achieve financial inclusion, a diversified and inclusive economy, President Muhammadu Buhari has formally launched the Micro Pension Plan (MPP).

    The MPP, an initiative of the National Pension Commission (PenCom), which is expected to significantly expand pension coverage to informal sector players including self-employed persons and employees of organisations with less than three staff, was launched by the President on Thursday at the Aso Villa in Abuja.

    Buhari, who explained that the plan is designed specifically to capture those in the informal sector, said that: “Today, millions of traders, farmers and other entrepreneurs in various industries are completely excluded from the different pension programmes in existence.

    “If you recall, one of the three core pledge of this government is the creation of a diversified and inclusive economy. This can only be achieved by creating an enabling environment for farmers, entrepreneurs and people in other professions.

    “In the past three years we provided grants, concessionary loans and technical support through the Small and Medium Enterprises (SME) clinics to farmers, traders and SMEs.

    “The Micro Pension Plan guarantees that when these hardworking citizens retire, they can do it in dignity and comfort.”

    Buhari encouraged trade associations, unions, non-governmental organizations and other stakeholders in the informal sector to join hands with the government and the pension industry to enlighten their members and the general populace of the benefits of the plan.

    Buhari further added that: “We are working tirelessly to sanitize some of the rot within the pension system we inherited.

    READ ALSO: FG working hard to sanitize pension system, says Buhari

    “This government remains committed in resolving all pension issues and payments, despite the lean resources of the government. We will ensure that every hardworking Nigerians in the private sector, formal and informal can retire without fear.”

    The Acting Director-General of the National Pension Commission (PenCom), Aisha Dahir-Umar, explained that the micro pension plan targets the significant majority of Nigeria’s working population who, incidentally, operate in the informal sector.

    According to her: “Participants are expected from various informal sector workers including market women, members of the National Union of Road Transport Workers (NURTW), members of Textile, Garment and Tailoring Associations, Keke Napep and Okada Riders Associations, Butchers Associations, workers in the Movie and Performing Art industry, mechanics and other workers in the automotive industry and single professionals like lawyers, accountants and many others.

    “Micro Pension Plan is designed to fit the peculiarities of these informal sector groups.

    “The National Pension Commission had extensively engaged all relevant stakeholders and obtained their inputs before the product was developed to suit their requirements.”

    She explained that the product is flexible with respect to contribution amount and the channel of remittance of contributions to the respective pension accounts. Also, access to accumulated contributions is also flexible, seamless and facilitated by technology through varied payment system platforms.

    “A prospective Micro Pension contributor is required to open a Retirement Savings Account (RSA) by completing a physical or electronic registration form with a Pension Funds Administrator (PFA) of his/her choice.

    “The contributors may make contributions daily, weekly, monthly or as may be convenient to them. Every contribution shall be split into two, comprising 40% for contingent withdrawal and 60% for retirement benefits.

    “The contributor may, based on his/her needs, periodically withdraw the total or part of the balance of the contingent portion of his/her RSA, including all accrued investment income thereto.

    “The contributor may also choose to convert the contingent portion of the contributions to the retirement benefits portion. The remaining balance in the RSA shall be available to the contributor upon retirement or attaining the age of 50 years,” she said.

    The Head of Corporate Communications of the commission, Mr. Peter Aghaowa, said that: “With this new initiative, and considering the fact that in Nigeria the demographics is such that we have more people in the informal sector than in the formal sector, our expectation is that by 2024, we would have been able to add 30 million people from the informal sector; it will definitely shoot up the pension funds.

    “Presently, we are at about N8trillion, so we expect that it will have an exponential effect on the pension funds.”

    Concerning eligibility, Mr. Aghaowa explained that “any interested individual has to have attained the legal age of 18 and have a source of income, or even a professional like a lawyer, accountant etc.”

    Concerning pubic enlightenment, The President of Pension Funds Operator Association of Nigeria (PenOp), Mrs. Aderonke Adedeji, explained that it is a joint responsibility of operators and PenCom to enlighten the populace, which is the first and most important aspect of this plan.

    “It is our job to bring people onboard. The registration process has to be as seamless and simple as possible.

    “It will largely be technology based because in order to reach the masses and give easy access, there will be a lot of reliance on technology.

    “As operators, we will begin to invest funds, administer the funds, and keep people’s record to ensure that they know what their balances are,” she said.

  • ‘No plan to amend Constitution to keep Buhari beyond 2023’

    Spokesman of the Senator Ahmad Lawan for Senate President Group, Senator Aliyu Sabi Abdullahi, Wednesday described as fake news, a story making the rounds that Ahmed Lawan, if elected as Senate President, will amend the constitution to allow President Muhammadu Buhari stay in office beyond 2023.

    Senator Abdullahi, in his reaction to the story, described the story as a desperate plot concocted by “evil and desperate politicians” bent on frustrating the emergence of Senator Lawan as Senate President in the 9th National Assembly.

    Senator Abdullahi said, “This is just a very desperate attempt by detractors and some politicians who want to taint the good image of the Senate Leader, and the future Senate President, Senator Ahmad Lawan.”

    He added, “When we (Senators) met the President two days ago, he (President) was very emphatic that he has stood for election five times, and this is his last.

    “The President made it clear that he wants to retire quietly to his home, on the basis of which he is going to work very hard these four years since Nigerians have given him this opportunity, to leave a lasting legacy behind.”

    Read also: I got N769.5m from ex-NDDC chief for no contract – Witness

    “The President’s statement clearly shows that he is a full democrat who knows that our constitution only provides for second term which he has gotten, and for which he is grateful to Nigerians.

    “Therefore, to come back to say that Senator Ahmad Lawan will amend the constitution to keep him in office beyond 2023 is just the height of evil thinking and bad politics taken too far.

    “The public should discountenance that and focus on supporting a very genuine and transparent process that will lead to the emergence of our own choice leaders as Senators-elect when the 9th Senate unveils,” Senator Abdullahi added.

  • FEC approves N1.4 billion for DPR building design

    The Federal Executive Council (FEC) meeting on Wednesday approved N1.4 billion for the design of 12-floor building design for the Department of Petroleum Resources (DPR).

    This was disclosed by the Minister of State for Petroleum Resources, Ibe Kachikwu briefed State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.

    He was with the Minister of Information, Lai Mohammed and Minister of Trade and Industry, Okechukwu Enelamah after 6 hours FEC meeting.

    The contract, he said, is for the design of the head office of DPR in Abuja, which is currently situated in Lagos State.

    ‘Today we got the approval to begin the process to relocate them to Abuja.” he said

    When asked if the sum was not too much for designing the building, he said that it only represented about 2% of the proposed N35 billion cost of the building.

  • Group extols Tinubu’s contributions to growth of nation’s democracy

    A non-governmental organisation, known as the Centre for Reform Education Initiative (CREI), has paid a special tribute to Sen. Bola Tinubu, the National Leader of the All Progressives Congress (APC), for his laudable contributions to the growth of democracy in Nigeria.

    Chinwe Ugwu, The Executive Director of the organisation, conveyed the tribute in a congratulatory message to Tinubu, who will be 67 on March 29.

    In the letter made available to the News Agency of Nigeria (NAN) in Enugu on Thursday, Ugwu said that Tinubu had made positive impact on the lives of many Nigerians.

    “I want to heartily congratulate the national leader of the APC, a destiny changer, a philanthropist par excellence, a servant leader and father of the fatherless,” she said.

    Ugwu also extolled the democratic credentials of Tinubu, saying that he had helped to deepen democracy in Nigeria.

    READ ALSO: …He ‘s a worthy partner — Tinubu

    She said: “We cannot forget in a hurry how you teamed up with other patriots in the aftermath of June 12 presidential annulment to ensure that the military was sent packing from the nation’s political scene.

    “We salute your courage and resilience in restoring democratic governance in the nation in 1999.’’

    She further stated that Tinubu was greatly responsible for the change agenda that brought in President Muhammadu Buhari’s administration in 2015.

    Ugwu said that Tinubu’s resilience, popularity, political sagacity and ingenuity played a major role in the triumph of APC during the general elections.

    She said that “as a thorough bred democrat and astute political engineer,” the former Lagos state governor laid a solid foundation for the development of the state into what it is today.
    “Today, Lagos is the reference point of accelerated development, courtesy of the foundation laid by him.”

    According to her, Lagos remains one of the few states that can survive on its own.

    “Credit must go to this great Nigerian, who created the enabling environment and initiated policies that sustained Lagos state.

    “Tinubu is an asset to Nigeria and will remain an indefatigable factor in the nation’s political firmament,’’ Ugly said.

  • NLNG risks N1b fine for local content infringement

    The Nigeria Liquefied Natural Gas Limited (NLNG) may incur a fine of about N1 billion for failure to comply with the Nigerian Local Content Policy.

    A Niger Delta- based company, Macobarb International Ltd, while disclosing disclosed this on Tuesday, alleging the NLNG had maliciously and fraudulently terminated its contract.

    Macobarb’s Managing Director, Mr. Ogboru Shedrack, claimed the NLNG refused to follow through the contractual agreement on a security related project.

    The project, Ogboru revealed was awarded in appreciation of contractor’s competence.

    He noted the gas company had shown no interest in its (Macobarb’s) efforts to amicably settle the misunderstandings, despite its (NLNG’s) persistent payments failures.

    He also emphasised the NLNG’s resolve on taking up the matter in a law court is only a way to kill time, considering Nigeria’s judiciary system.

    READ ALSO: NLNG debunks owner’s claims over ship fire

    Ogboru further described the development as part of efforts to thwart the President Muhammadu Buhari-led government’s fight against corruption.

    “It’s a disservice to the Federal Government efforts at fighting corruption when these elements portray Nigerian Court as dumping ground to buy time by offending parties or a place where justice is for sale to highest bidder, as NLNG who violates contract they crafted, boastfully ask abused contractor to go to court. This indeed, is a disservice to Nigeria,” Ogboru stressed.

    Noting that these actions were carried out without the knowledge of some personalities in the company, he claimed that few persons, in connivance with others in the NLNG legal/litigation departments, are bent on putting Nigerian contractors out of business.

    Expressing optimism that justice will be served, the MD said the company is ready to go to court.

    Among demands Macobarb International Limited will be making are an order of Court directing Nigeria LNG Ltd to pay to Macobarb Int’l Ltd “the sum of NGN957,676, 562.50 being the standing-by costs”, a declaration that the letter of termination of contract dated 27 November, 2015, is “ineffectual and otiose,” as well as, the payment of N200 million for damages owing to the breach and unlawful end of contract.

  • Buildings collapse: Buhari vows to punish offenders

    President Muhammadu Buhari on Tuesday warned those who cut corners that resulted in building collapse in the country will face the full wrath of the law.

    He gave the warning while receiving the leadership of the Nigerian Institute of Quantity Surveyors (NIQS) at the Presidential Villa, Abuja.

    According to him, the recent building collapse demands urgent adherence to quality standards.

    He said: “However, the recent tragic incident in Lagos and many others across the country, reminds us of the need to strictly adhere to quality standards when it comes to construction projects.

    “Young innocent lives must never be lost due to incompetence and greed. Simply put, no corners must be cut.

    “l want to assure you that those responsible for such incidents of professional negligence will feel the full wrath of the law.”

    Stressing his administration remained committed to the Change Agenda, he said that the dark days of impunity are gone for good.

    He said “As a Government, we remain focused and committed to ensuring we create an inclusive and diversified economy. This simply means National growth must impact the silent majority.

    “This is why in the past three years, we focused on key job creating sectors such as Agriculture and Infrastructure Development.

    “You will all recall that our Agriculture and Infrastructure programs contributed to our exit from the recession.

    “This is a clear example of how, if we push “inclusive” job creating policies, growth will follow.

    READ ALSO: Why buildings collapse in Nigeria, by expert

    “We will remain committed to these, and other programs, to ensure the success of our nation is felt by the majority of Nigerians.

    “With our significant infrastructure deficit, your sector has the potential and the bandwidth to create impactful jobs across the country in urban and rural areas.”

    Towards commencing dialogue, he urged them to make formal submission to the Minister of Power, Works and Housing as soon as possible.

    President of NIQS Obafemi Onashile congratulated the President on his well- deserved re-election.

    According to him, the construction industry is the second industry potentials for greatest impact on the Economy of any nation.

    The industry, he said, plays a very pivotal role in infrastructure delivery, massive employment, domestic manufacturing, through many cottage industries for producing glass, ceramics, iron billets and rods, aluminum sheets and profiles, paints, plywood and timber profiles that can be consumed locally and even exported to other neighbouring countries to earn foreign exchange.

    “With a booming Construction Industry, other construction resources such as construction plants and vehicles will become locally assembled/made and thereby oiling the national economy for exponential performance.”

  • GTB congratulates Buhari on re-election

    The Guaranty Trust Bank (GTB) has congratulated President Muhammadu Buhari on the renewal of his mandate by the electorate.

    This was contained in a letter addressed to the President and signed by the Chief Executive Officer, Segun Agbaje, on behalf of the Board, Management and Staff of the bank, reads inter alia:

    READ ALSO: GTB launches music platform Habari

    He said; “Your re-election rewards a tireless commitment to serving the Nigerian people. It is also the greatest achievement of an exceptional campaign that demonstrated the strength and maturity of Nigeria’s democracy to the entire world.

    “In re-electing you as President, the Nigerian people have embraced change, hope and confidence in your leadership. Undoubtedly, the trust placed in you for the second time by the citizenry will be a source of great inspiration to continue the good work which will steer Nigeria firmly on the path of development,” he added.

    The bank also wished President Buhari continued success.

  • PMB, Atiku and Nigeria’s future

    The greatest challenge facing the democratic process in Nigeria, as in most developing nations, has to do with management of the post-election transition process. The political tension and acrimony between parties and politicians peaks at the polls and tends to escalate during collation and announcement of results, giving electioneering a “do-or-die” tendency. This situation impacts negatively on the democratic process as election-related violence often takes a heavy toll on lives and property, disrupts elections and ultimately threatens national stability.

    Those who predicted the chaotic demise of the Nigerian state in 2015 based their pessimism on the high level of political antagonism and general insecurity. They expected the elections to ignite the explosive situation with the usual winner takes all-bad loser outcome that unleashes deadly ethno-religious mayhem across the land. Though political leaders routinely preach against political intolerance and vandalism, their sermons do little to prevent election-related violence, necessitating increased deployment of military forces to effectively restore and law and order.

    It took the historic telephone call by incumbent President Goodluck Jonathan to General Muhammadu Buhari, victorious winner of the 2015, conceding defeat and congratulating him even before the full results were released by INEC, to dramatically turn the tide from high tension and imminent civil disturbances to unprecedented peaceful transition of power from an incumbent government to an opposition party.

    Instructively, this welcome departure from do-or-die politics of uncompromising competition for power at the expense of national stability and safety of lives and property, was predicated on the profound pronouncement by the former president that his “political ambition was not worth the blood of any Nigerian”, which he eloquently demonstrated by opting for voluntarily conceding defeat rather than rejecting results, alleging rigging, stoking political tension and eventually resorting to protracted court action that could provoke more post-election crises.

    The victorious President Muhammadu Buhari was equally instrumental to the peaceful transition by accepting the unexpected gesture with reciprocal espirt de corps, commending his erstwhile rival in the tradition of good sportsmanship thereby projecting the principle of no victor-no vanquished to douse the potentially provocative celebrations among his elated supporters.

    With the benefit of hindsight, it was all a matter of two statesmen, then President Jonathan and General Buhari magnanimously rising above the fray of competing political interests and conscientiously relegating their individual self-esteem in favour of preserving the divine dignity of life of their respective supporters as well as the peace and stability of their fatherland. Such basic humane thoughts and actions by two leaders, with profound, inestimable and indelible physical and spiritual dividends for themselves, their people, their country and, indeed, humanity as a whole! By the same token, Nigerians have proved to the world that they cannot be perpetually predictable as a failed nation state.

    Nigeria has not only survived 2015 intact and consolidated as a viable democratic nation with exemplary statesmen as leaders who cherish their citizens, it has also endured the political strains of another general election without “falling”. The country has also admirably managed its election-related trauma though not without the inevitable skirmishes here and there. These instances further testify to the resilience of the political fabric of the country and the citizens’ collective commitment to sustain the integrity of the federation and viability of the democratic dispensation against all odds. This patriotic trait has always been a timely intervention and saving grace in desperate times, notably deployed as pragmatic approach to unforeseen eventualities, such as ending the civil war, June 12 crisis, Abiola’s death and the memorable “doctrine of necessity” during the Yar’Adua health crisis.

    However, Nigerians are still apprehensive about the prospects for achieving the much desired lasting post-election political reconciliation to effectively bury the hatchet between the two leading parties and their political leaderships as the surest anti-dote against election-related antagonism and outbreaks of civil disturbances. With simmering challenges to national security like the Boko Haram terrorist insurgency, resurgent skirmishes between herdsmen and farmers as well as the deadly sporadic attacks on rural communities by gunmen still engaging our combined defence and security forces, we cannot afford any prolongation of no less calamitous post-election turbulence.

    Unlike former President Jonathan, former Vice President Atiku Abubakar, the PDP presidential candidate in the just concluded presidential elections, has chosen to challenge the outcome at the election petitions tribunal. Obviously, not only are the personalities different, the circumstances surrounding the elections are not the same. Besides, the option of seeking judicial review of the results remains the most civilized and lawful alternative to unleashing violent unrest or making Nigeria “ungovernable”.

    Nevertheless, seeking judicial review of presidential election results does not preclude exploring promising possibilities for adding Atiku Abubakar to the roll of honourable, selfless, patriotic, people-oriented and, above all, God-fearing Nigerian political leaders who share former President Jonathan’s noble political principle that his “political ambition was not worth the blood of any Nigerian”. Atiku surely will, as a God-fearing, people oriented patriot and political leader, find greater fulfilment in this post-election attainment!

    Remarkably, President Buhari has not lost touch with the glorious inspiration he gained from his noble predecessor’s “call to honour humanity”. Even as an incumbent president, savouring the revalidation of his momentous 2015 election, he has found the humility to promise to run an inclusive administration that will be willing to partner with all patriotic stakeholders in the Nigerian Project to keep the country on the track of progress and development. He had earlier dissuaded his exuberant supporters from subjecting the opposition to humiliation while celebrating, emphasizing that after electioneering, all hands should be on deck in the national interest, irrespective of party affiliation.

    Clearly there is an enabling environment for enthronement of the much-anticipated no-victor-no-vanquished spirit of post-election goodwill, cooperation and common commitment to national unity and stability waiting to be fully exploited. Just as in 2015, it is essentially a matter requiring the focused commitment of both President Buhari and former VP Atiku Abubakar respectively, to heroically rise above the fray of competing political interests and consciously suppress their self-interest to prioritize preserving the dignity of human life and promoting the peace and stability of Nigeria. They both must actively adopt constructive engagement to create avenues for political reconciliation and ultimately resist the pressure of hawks to be uncompromising.

    Atiku Abubakar has certainly attained the age and national stature to think more about leaving a living legacy that will preserve his patriotic value to the progress and development of our democratic dispensation as a more befitting recourse after his unsuccessful presidential bid than the acrimonious judicial challenge of election result that has rarely, if ever, reversed the expressed will of the people. President Buhari too should now be enlisting the goodwill and support of all leading political leaders across partisan and geo-ethnic divides, including Atiku Abubakar, to form an impactful inclusive government and also restore and strengthen national dialogue and consensus, desperately required to heal several open wounds and mend many fences, so as to bequeath a more united, peaceful and purposeful nation as a parting gift in 2023. This is another doctrine of necessity that must be applied in the national interest.