Tag: parley

  • Afreximbank holds parley on intra-African trade

    The African Export-Import Bank (Afreximbank) is set to host the inaugural Intra-African Trade Fair (IATF2018) billed for December 11 to 17.

    Hosted by Egypt, through the Export Development Authority (EDA), and organised in collaboration with the African Union (AU) and other partners, the fair is aimed at deepening trade ties among African countries and  supporting the implementation of the African Continental Free Trade Area (AfCFTA) Agreement.

    A conference was held last week on the forthcoming fair. It featured a panel discussion entitled: “Towards a strategy for deepening trade between Egypt and Africa”.

    It was attended by former President Olusegun Obasanjo and Chairman of the IATF2018 Advisory Council; Tariq Qabeel, Minister of Trade and Industry of Egypt; Benedict Oramah, President of Afreximbank; and Ahmed el-Sewedy, Chairman of the Elsewedy Group, who represented the private sector.

    Obasanjo, who highlighted the various capabilities and resources of African countries, said larger economies, like Nigeria, Egypt and South Africa, had important roles in leading the transformation of the continent.

    Their participation in the AfCFTA would contribute to the success of the agreement, Obasanjo said, noting: “The train has left the station” and that those countries that were yet to sign on to the agreement would have to catch up.

    Oramah said the IATF was being organised as part of initiatives by Afreximbank to address the challenge of the low volume of intra-African trade, which he attributed largely to lack of market information on the continent.

    He said many African businesses were not aware that some of the products they import could be bought for less from neighbouring countries.

    IATF2018, the first-ever such fair to be organised, would provide a platform for exchange of information on markets, dialogue and meetings among businesses, he said. It would also enable traders to conclude deals and access information about investment opportunities.

     

  • 2019: Party chiefs to parley with Jonathan, IBB, Ekwueme

    2019: Party chiefs to parley with Jonathan, IBB, Ekwueme

    A delegation of the People’s Democratic Party (PDP) will today hold consultations with former President Goodluck Jonathan and former military President, Gen. Ibrahim Babangida.

    The delegation, which will also meet with a former National Chairman of PDP, Alhaji Bamanga, will proceed to Enugu on Wednesday to hold similar consultation with former Vice President, Dr. Alex Ekwueme.

    An itinerary detailing the movements of the party chieftains named Prof. Jerry Gana as leader of the delegation.

    Gana is the chairman of the party’s Strategy Review and Inter-Party Relations.

    Also in the delegation is a former Deputy Speaker of House of Representatives, Mr. Austin Opara and media mogul, Chief Raymond Dokpesi.

    Although details of the consultations were unknown as at yesterday, it was gathered that the discussions will focus on possibilities of PDP going into alliance with other political parties ahead of the 2019 general elections.

    Prof. Gana , last week, announced that PDP was into alliance talks with seven political parties, with the view to form a formidable alliance to confront the ruling All Progressives Congress (APC) in 2019.

    Gana gave the hint while submitting a report of the party’s Strategy Review and Inter-Party Relations in Abuja, last Thursday.

  • Arewa/Ohanaeze parley

    An event of immense significance for the overall progress of this country took place last week in Enugu, Enugu State. It was a landmark parley between two of the nation’s key socio-cultural groups- the Arewa Consultative Forum (ACF) and the Ohaneze Ndigbo.

    Though that outing lacked the usual media blitz that should ordinarily accompany it, its absence did not in any way, whittle down its larger heuristics especially at this point  when ethnic, primordial and religious cleavages seem to be on high ascendancy. Given the foreboding scenario, it remains largely curious why such an important event attracted very little or no media attention.

    It is either the organizers opted to keep the media off that symbolic outing or the media did not quite appreciate the larger implications of socio-political groups interfacing on how to move the country forward especially in view of our current experiences.

    Be that as it may, the meeting came out successful as its outcome, made available through a communiqué signed by the national chairman of ACF, Alhaji Ibrahim Coommasie and national president of the Ohanaeze Ndigbo, Chief Gary Enwo-Igariwey respectively, vividly indicates. The two groups while reaffirming their belief in the corporate existence of Nigeria with justice, fairness and equity to all, pledged their total support for the war against terrorism and corruption even as they urged all citizens to cooperate with the federal government in these areas. They also resolved to meet regularly to discuss the state of the nation and forward their decisions to the federal government to aid good and equitable governance.

    The meeting is symbolic in more ways than one. Perhaps, it is the first time in recent times the ACF and the Ohanaeze Ndigbo will be putting heads together to share each others’ views and feelings on the multifarious problems buffeting the country. For another, most of the objectives they set out to achieve are at the root of the cycle of instability which this nation has had to contend with since independence. Coming from the ethnic nationalities themselves, the initiative gives a rare of hope that there may be light at the end of the tunnel. This should be something to cheer.

    Yet for another, the visionary outing came at a time centrifugal forces have been on top gear such that led two former heads of state to lament that even those who have before now, been ascribed the role of patriots were beginning to question the continued basis for the unity and indivisibility of the country.

    That was about two years back when the resort to parochial and primordial attachments became the order of the day. That was at the time when a study group in the United States of America (US) predicated that Nigeria would break up come the 2015 elections. Events prior to that election did not help matters as threats and counter threat from groups on the dire consequences that awaited the country should any of the contending forces fail to win that election held sway. By divine providence however, that doomsday prediction failed to materialize due to the acceptance of defeat by the government in power- a feat that attracted acclaim from world leaders.

    But not much has changed in terms of the dispositions and loyalty of the various nationalities to the Nigerian state. Not only is the war against the Boko Haram insurgency that is bent on levying an Islamic state on the country still on, separatist tendencies still hold sway as evident from the rise in tempo of agitations for the sovereign state of Biafra and the renewed blowing up of oil installations in the Niger Delta region. There is also, a pervading air of mutual suspicion, hate and distrust among the nationalities.

    All these are palpable signs of the impatience and dissatisfaction of the federating units with the capacity of the system to do justice to the subsisting units. Matters are not remedied by the ambivalence of the Buhari regime on the implementation of the report of the National Constitutional Conference convened during the last administration- a conference seen by many as holding the ace for much of the nation’s problems.

    In the absence of any concrete commitment to the implementation of that report and increased impatience of the inclusive units with extant structure of the federation leading to separatist agitations or threats, the bottom up initiative of the ACF and Ohanaeze to solving the fission within the polity, offers another veritable window.

    They hit the kernel of the sources of this schism when they spoke of their commitment to the corporate existence of Nigeria where justice, fairness and equity will reign supreme. The purport of this resolution is that the country can only count on the loyalty of its citizens and make real progress when it is seen to be just, fair and guarantees equity to all citizens. These are the irreducible decimals the component units demand from those who preside over our national affairs.

    It is also an admission that much of the destabilizing tendencies we have witnessed in recent times derive in the main, from the glaring inability of the central government to guarantee these minimum conditions for co-habitation. It is heart-warming that the groups resolved to meet regularly to brainstorm on the state of the nation and pass their recommendation to the government to aid good and equitable governance.

    In this wise, they intend to expand the meeting to involve the Afenifere, the Itsekiri, Urhobo, South-South Peoples’ Assembly and all ethnic nationalities to find common ground on all issues stoking division amongst them. It is their calculation that consensus reached at such meetings when implemented by the government, would go at length to eliminate sources of friction and mistrust among our diverse peoples.

    If conducted with a high sense of patriotism and responsibility, the enlarged meeting of ethnic nationalities may be the elixir out of the fissiparous tendencies that have made national integration very elusive on these shores. Not surprisingly, in the absence of that sense of common belonging and identity, the primordial units have had to compete with the government for the loyalty of the citizens. Today, despite all posturing and pretensions, the influence of these parochial loyalty centres on the citizens is still very pervasive.

    They subsist due to lack of confidence in the ability and capacity of the central authority to guarantee justice, fairness and equity to the component units. A situation where certain sections feel the country belongs to them or where certain positions are reserved for some people is a negation of a just, fair and equitable order.

    Such a system cannot make for stability and progress. And in it can be located most of the nation’s multifarious problems- the pervading corruption, centrifugal tendencies and the inability to imbue a sense of nationalism in all. That also accounts for the loose moral bearing associated with affairs that impinge on the civic public.

    Incidentally, the elite have a penchant for parroting and grandstanding on these pristine principles. They are not lacking in identifying what needed to be done for us to make quick progress. But when it comes to the necessary sacrifice or compromises that will bring these ideals to fruition, parochial considerations and the tendency take undue advantage over others, overshadow all senses of rationality. That has been the problem.

    If the ethnic nationalities eschew this self-serving predilection; if they are genuinely committed to these irreducible decimals for order and good governance, and the government listens to them, then we are on the right track out of our woes. We now have a new window to tap the feelings of the people at the bottom to effect those necessary changes that are direly needed to build a nation where citizens will first see themselves as Nigerians rather than members of their ethnic groups. That challenge must be taken up by the government now.

  • Nwabueze, others to parley with Jonathan, Buhari

    Nwabueze, others to parley with Jonathan, Buhari

    Eminent leaders of thought and leading political activists under the aegis of the Nigeria Consensus Group  are set to interface with the two leading presidential candidates Dr. Goodluck Jonathan and General Muhammadu Buhari on their plans for the political restructuring of Nigeria

    Addressing reporters in Lagos,   their spokesperson Olawale Okunniyi said the leaders will scrutinise the candidates.

    “Since the extension of the 2015 elections, our leadership has come under intense pressure from both associates and key players in the ongoing electoral process to take a stand and tilt its influence one way or the other

    This has triggered a series of informal consultations expected to dovetail into a major national agenda setting parley initially slated to hold on March 3, but now rescheduled to hold in the second week of March for strategic reasons“

    The group also informed that its initial consultations have already observed the possibility of a nation wide imbroglio in the aftermath of the 2015 elections, which, according to the body, can only be nipped by a “credible Coalition Government of National Unity formed basically  to initiate an elected Constituent Assembly for the restructuring of Nigeria along the lines of democratic federalism for constitutional democracy and popular governance to thrive in Nigeria”

    Okunniyi, however expressed hope that both Dr. Goodluck Jonathan and General Mohammadu Buhari will be available, cooperative and submit themselves to the impartial scrutiny of these leaders of thought and leading political activists in the country to enable the body make popular intervention on the 2015 elections

  • Bankers parley with NSE over market growth

    Bankers, under the auspices of the Chartered Institute of Bankers of Nigeria (CIBN), have given their commitments to work with the Nigerian Stock Exchange (NSE) in strengthening best practices in the Nigerian financial markets.

    Banks represent more than 20 per cent of the market capitalisation of the NSE and they are the most active sector driving transactions at the stock market.

    President, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Segun Aina, yesterday during an official visit to the management of the NSE in Lagos, said the banking sector is closely linked with the stock market, thus the need for the bankers and the NSE to work together to provide proactive measures that would stimulate corporate governance and forestall malpractices.

    According to him, the partnership would help to further deepen the relationship between the NSE, CIBN and the banking industry with the common objective of developing the economy of Nigeria and ensuring capital market growth.

    He noted that the economic crisis and capital market recession witnessed in the recent past would not have happened if proactive steps were taken before then.

    He pointed out that the CIBN has been making efforts to strengthen regulatory framework noting that it recently launched a new code of conduct for the banking industry which strengthens the requirement for the ethical standard.

    He outlined that the objective of the code was to instill discipline in the banking profession noting that the provisions in the code govern the behaviours of both individual and corporate bodies in the banking industry.

    According to him, the code applies to all strata and cadres of employee in the industry, including executive directors, managers, officers and supervisors, whether full-time or part-time while it alos enunciates the guidelines on the handling of reported cases, petitions and complaints.

    “Crisis will always come but we have seen countries that were not affected by the last global financial crisis. We will come out with rule, regulation and requirement that will prepare the country for any upcoming global crisis,” Aina said.

    He cautioned bankers against involving in fraudulent practices warning that any member that engaged in malpractices would be made to face disciplinary procedures.

  • Govt, investors parley on listing of power firms

    The Federal Government and investors in privatized power companies are discussing the possibilities of reducing the five-year holding period for the owners of the new power companies to about three years to enable them sell their shares to the investing public.

    Minister of Power, Professor Chinedu Nebo, disclosed this yesterday during a courtesy visit to the Nigerian Stock Exchange (NSE). Nebo came to discuss ways that the capital market can support the realization of the objectives of the power reforms.

    Nebo said the hindrance to the public sale and possible listing of shares of the privatized power generation companies (gencos) and distribution companies (discos) is a clause in the sale agreement which stipulates that the new owners must hold on to the companies for five years before they can sell the shares.

    He said government, through the National Council on Privatisation (NCP) and the power companies are already reviewing the possibility of the downward review of the five-year timeline to about three years.

    “I don’t see why five years was put in other than the government did not want people to strip these companies and then sell the scrap to the general public. Be that as it may, with the things that are afoot today, we are encouraging a dialogue between the successor companies, privatised from PHCN and government of Nigeria, especially the National Council on Privatisation, to see if these five years can be negotiated downward so that within the next two – and – a – half years, we will be able to see them go to the stock market because we believe that the most veritable way of getting the financing they need to expand their facilities and give much better services to our people will be by going to the stock market,” Nebo said.

    According to him, the delay in approaching the capital market was both legal and operational as the Nigerian Stock Exchange also expects at least three years of due diligence, paperwork and submission of annual reports before a company is listed.

    He said government was already the impediments in the power supply system, especially the issue of finance.

    “Government is already addressing some of the issues, the major issue, actually, is financing for expansion and consolidation and that is where the stock market is very critical. Government has even organised a global financing summit that attracted more than 350 non-Nigerians, just about a month ago. So, government is working on that. Other constraints have to do with generating of more power because the more power you generate, the more power is sold, the more money is made by the generation companies, the transmission company and the distribution companies. So, we need to generate more power and the challenge there is the issue of gas. But government is working very hard to make sure that at the end of this year and the beginning of next year, there is a match – no longer a mismatch – in the availability of gas and the need of the generating companies,” Nebo said.

  • Poor results: Rangers’ mgt, coaches parley

    Poor results: Rangers’ mgt, coaches parley

    Enugu Rangers’ Management has had crunch talks with the club’s technical crew in a bid to find a solution to the spate of unimpressive results away in the league this season.

    The Coal City side started the season brightly winning at Nembe City and drawing in Kaduna in their first two away fixtures of the season but lost all their away games and even drew some games at home.

    The management recently gave the Okey Emordi-led coaching crew a three-match deadline to turn the fortunes of the club around but that didn’t work as they won their home matches but still lost away from home.

    Rangers’ General Manager, Paul Chibuzor Ozor revealed in a chat that the management had grown impatient and thus called called the meeting to chart a way forward for the Flying Antelopes to soar again.

    Ozor reckoned that it would be difficult to sack the coaches in order not to jeopardise the cordial relationships that exist in the team but he warned that other punitive measures may be taken if the club fail to return to the enviable position of the past.

    “We had a useful deliberation today (yesterday) with our coaches where we reviewed what went wrong with the team and what we need to do to start performing.

    “It was a brotherly affair because we were mindful of what may happen if we are to sack the technical crew now.

    “We want to make changes and still strive to do our best to stay as close as possible to the top. We want to return to the continent and the only way to ensure that, is to play good football and ensure we win as many games as possible both home and away,” Ozor explained.

    Rangers are 7th on the Glo Premier League log with 39 points from 26 games and they visit Dolphins next weekend in a matchday 27 tie.

     

  • ‘Tukur’s Southwest parley unnecessary’

    A chieftain of the Peoples Democratic Party (PDP) in Oyo State, Mr. Femi Babalola, yesterday said the ongoing peace meeting being coordinated by the party’s National Chairman, Alhaji Bamanga Tukur, in the Southwest is unnecessary.

    Last Friday, Tukur met with feuding members of the party in the zone at the Premier Hotel in Ibadan, the Oyo State capital, to reconcile them.

    Speaking with reporters yesterday, Babalola said: “I want to correct the notion that some members of the party are aggrieved. Nobody is aggrieved. What is happening in Oyo PDP is not a crisis. Everybody is just fighting for space. The issue is that everybody wants to create space for himself.

    “What is happening to the PDP in Oyo is peculiar to any party in government. Under the presidential system of government, the governor is the automatic state leader of the party, but in Oyo, there is no governor to lead the party.

    “It is incontrovertible that people like Alhaji Yekini Adeojo, former Governor Adebayo Alao-Akala, Mr. Lekan Balogun and Chief Jacob Adetoro are the party’s leaders in the state. When the time comes, they will sort things out.

    “All the principal actors, at one time or the other, were with the late Alhaji Lamidi Adedibu. They went through the same tutelage. They are all students of the same teacher.”

    He said the fact that the party leaders said to be aggrieved remain in the PDP showed that the party was intact.

    The former senator said: “Those who are truly aggrieved could have left the party, after all there are between 20 and 25 parties in the country, but they remained, so, I say nobody is aggrieved. They are just fighting for space.”

    On Alao-Akala’s absence at the reconciliation meeting on Friday, Babalola said: “As a close associate of the former governor, I state without the fear of contradiction that he was unavoidably absent.

    “He respects party rules and I am sure he would have been present if he had gotten the invitation earlier.”

  • Southwest states, Edo parley to tackle emergencies

    SOUTH-WEST states yesterday widened the frontier of their regional integration programme with a resolve to form a common front in tackling emergency situations.

    It was at the “1st Emergency Preparedness Summit for Southwest states and Edo’’, held at the Public Service Staff Development Centre (PSSDC), Magodo, a Lagos suburb.

    Lagos State Governor Babatunde Fashola, who spoke at the opening of the two-day summit, stressed the importance of preparing for emergencies, which according to him are inevitable in the course of human interactions.

    He said the two broad seasons in Nigeria’s climatic condition – raining and dry, expose the environment to flood and fire disasters.

    He said: “The rainy season has the potential for flooding, brought about by both human and natural activity. The dry season on the other hand generally tends to record a higher number of fire outbreaks due to the increased number of highly and easily inflammable materials around us.

    “The economic situation has not helped. Lack of power has meant that people tend to improvise, often by employing potentially dangerous methods of generating electricity.”

    The governor cautioned the public to be wary of trooping to disaster sites.

    He noted that haphazard physical development in flagrance disregard to extant planning laws has created a potpourri of possible accident and disaster situations, for which the government must be held accountable.

    Fashola told participants that the government in Lagos was trying its best at boosting safety and emergency response capability in the Centre of Excellence.

    In his opening remark, the Commissioner for Special Duties in Lagos, Dr. Wale Ahmed, said the summit offered a rare privilege for experts in safety and emergency management.

     

     

     

  • Kogi lawmakers’ peace parley ends in scuffle

    There was free-for-all yesterday among some Kogi State House of Assembly members. One of them, Friday Makama, allegedly lost a tooth.

    A source told The Nation that the brawl occurred during a meeting in Lokoja, the state capital, where the lawmakers were trying to resolve the leadership crisis rocking the Assembly.

    The parley was said to have been at the instance of former Governor Ibrahim Idris. But it was reportedly deadlocked.

    The source said the meeting held at ‘High Ground’, where the governor receives visitors.

    At the parley were Governor Idris Wada and the lawmakers, except embattled Speaker Abdullahi Bello.

    It was learnt that the meeting was a follow-up to an earlier mediation parley at Ibro Hotel, Abuja, last Monday.

    The source added that the meeting, which was slated for 9pm, did not start until 12.20am.

    Another source said trouble started when the agenda was perceived to have changed, which did not go down well with pro-Bello lawmakers.

    The source said: “The meeting was meant to return the House to the status quo ante. But when it started, we suspected a foul play and we disagreed with their illegal proposition.”

    It was learnt that the meeting proposed that “Majority Leader Yunusa Yakubu should write a letter of proclamation to Bello for endorsement and approval so that the House can reconvene formally”.

    The source added: “Though that would have nullified the initial impeachment, but the grouse was that Bello was to resign honourably at the resumed sitting of the House. It was that suggestion that sparked the fight.

    “Minority Leader Yori Afolabi stood up to note that the suggestion was wrong and that Kogi had been in the news for so many wrong reasons and there was every reason to first correct the wrongs before talking about Bello’s resignation.

    “It was at that point that Makama, who had been pacing around, attempted to shut him up. That led to the fight.”

    Makama, a notable member of the group of 12 lawmakers, allegedly lost a tooth before other lawmakers separated the warring lawmakers.

    A highly placed member of the House, who spoke in confidence, said: “Nobody lost his tooth. But there was just a little scuffle between one of the legislators, Makama and Afolabi.”

    Responding to a question he said: “I did not know what he said before the Minority Leader punched his mouth. Although I saw blood gushing out, but there was no tooth loss.”

    On whether the fight was caused by the call on Bello to resign his position next week, after proclaiming the House, he said: “No. That aspect had already been concluded.

    “The conclusion was that he would convene the House in line with the Constitution and preside so that the House would move forward.

    “What it means is that all they have done is a nullity. He would be given his right to recall the House according to House rules and, of course, the resolution was that because of the sharp divisions and for House to move forward, he would resign his speakership and allow for the election of a new Speaker.

    “How can the other Speaker continue? I told you that all they did was a nullity. Nobody knows who will be the next Speaker, until we get to the floor of the House. But the man will come and resign. That has been agreed upon.”

    But Makama denied fighting anyone, saying: “There was nothing like that, to my knowledge.”

    Responding to a question, he said: “On what? We are honorable men. How can we fight?”

    On allegations that he lost a tooth during the fight, he said: “How can I lose my tooth when I did not fight. It is not true.”

    However, another lawmaker said: “Yes, there was an exchange of blows.”