Tag: regulate

  • Regulate, not ban

    Regulate, not ban

    • NFVCB’s clarification on smoking, ritual film policy is welcome

    Just as well the National Film and Video Censors Board (NFVCB) has clarified its reported “ban” on smoking and ritual scenes in films.

    “NFVCB aims to classify, not stifle creativity, ensuring appropriate ratings for content depicting tobacco or nicotine product,” Shaibu Husseini, its executive director and chief executive officer told ‘Premium Times’.  Well said!

    To be clear: money rituals have reached an alarming level, what with the evil of the so-called “Yahoo-Yahoo Plus”: a ritual that often takes life.  Smoking is another public health nuisance, since it always seems to precede using far more dangerous drugs, especially among impressionable youths, coping with evil peer pressure.

    But to counsel moderation on how such scenes are treated is one.  To purport to ban such scenes in films is another.

    Indeed, “banning” any creative activity would be awkward: first, for the creatives themselves, as it would clearly stifle their muse; and then, the society.

    Every film or video worth its salt, even as it entertains, takes the audience through the correction of societal ills: smoking, excessive drinking and allied drug abuse; and the rat race for wealth-without-sweat, which powers money rituals.  They are all cravings that ultimately end in tragic cul-de-sacs.

    Besides, which is more correct: art imitating life or life imitating art?

    Art imitating life is a canvass on which all creativity sketches, draws or paints.  The raw material for every creative prose, happy or sad poetry, the theatre, film or radio plays, comes from the society itself.  So, art imitates life to correct such, by using teachable moments in the creative works to home in on the message.

    Read Also: Tinubu inaugurates three warships, two helicopters to curb maritime crimes

    At a few times, life may indeed, imitate art.  But those are few occasions when a particular scene or plot in a film, novel or play, looms large in life; and the receivers somewhat experience a feeling deja vu.  Yet, it is fiction turning real life!

    Which brings the subject back to the NFVCB message.  The event was a road show in Enugu, tagged “Smoke-Free Nollywood”, which NFVCB organised with Corporate Accountability and Public Participation Africa (CAPPA), and invited its stakeholders.

    The event was to brief the stakeholders — film producers, actors, directors and the various guilds that work in the industry — on the latest government thinking; and to engage them on the policy thrust.

    Yet, what emanated from it all, from media reportage, were a purported “ban”.  In the umpteenth bid to cut to the chase by doing interpretive reporting, the media only misled the reading public with banner headlines purporting a “ban”.  That clearly is not good enough and the media can do much better.

    By the way, how do you “ban” rituals in films when rites and rituals are basic to life itself?  Every religion, foreign or traditional, floats on own rites and rituals. Without those, you can’t fully practice the faith.

    How can you then ban rituals in films when it is routine in real life?  And if you did, how can you use films and allied creative works to correct the wanton abuse of those rituals: as a traditional medicine (wo)man putting rare knowledge of traditional rituals to evil use — in money rituals that procure fellow citizens’ lives for money?

    The message is — or ought to be — clear: film makers have the onerous responsibility to treat these scenes with utmost sensitivity, which nevertheless must end only one way: crime does not pay; money rituals lead to eventual self-ruin — as being excellently depicted in “Glass House”, a serial now on the premium belt of DSTv.  It shows how ritual money had plagued — and would eventually ruin — both protagonist and antagonist.

    A generation of Nigerians that gobbled those crime thrillers, the famed novels of James Hadley Chase , would readily attest to such sophistication in treatment.  No matter how iron-cast the crime was planned, Chase had one ending: you do crime at your own peril.

    That is the standard of treatment film makers must attain.  Even then, the NFVCB conk — the rating that restricts audience exposure — awaits works that fall below the expected thresholds.

  • Nigeria to regulate issuance of green bonds

    Nigeria to regulate issuance of green bonds

    Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has started the process to introduce a comprehensive regulatory framework for the issuance of green bonds in the country.

    A green bond is any type of debt instrument, the proceeds of which would be exclusively applied to finance or re-finance in part or in full new and or existing projects that have positive environmental impact.

    A draft of the regulation obtained by The Nation indicated that green bonds would be used exclusively to finance renewable and sustainable energy, clean transportation, sustainable water management, climate change adaptation, energy efficiency, sustainable waste management, sustainable land use, biodiversity conservation and any other categories as may be approved by SEC from time to time.

    The draft, which is currently undergoing exposure to stakeholders for their review and comments, stated that any issuer of a green bond must fulfill some special conditions in addition to the general registration requirements for debt issuances as stated in the Rules and Regulations of the Commission for States, Local Governments, Corporate and Supranational agencies.

    According to the rules, an issuer of a green bond shall also file a feasibility study and report stating clearly, the measurable benefits of the proposed green project or assets such as green house gas reduction, reduction of water use and reduction of harmful emissions.

    The issuer must also file a prospectus which shall include project categories, project selection criteria, decision-making procedures, environmental benefits, use and management of the proceeds as well as a letter from the issuer committing to invest proceeds of the bond in green projects or assets.

    The issuer must also provide an independent assessment or certification issued by a professional certification authority or person approved or recognised by the commission in addition to any other documents that may be required by the commission.

    “The net proceeds shall only be utilised for the purpose stated in the approved offer documents and shall be tracked as stated in the approved internal policy of the Issuer which shall be disclosed in the offer documents,” the rules stated.

    The parties to the issue are expected to create an escrow account meant specifically for the net proceeds of the offer while the proceeds shall be domiciled with the custodian. While the trustees shall ensure that the proceeds are used for the purpose stated in the prospectus, the issuer and the trustees shall be the signatories to the escrow account.

    “The issuer shall invest proceeds in green projects within the given timeframe prescribed in the prospectus. Unallocated proceeds shall be invested in money market instruments with investment grade rating and this shall be disclosed in the offer documents,” according to the rules.

    According to the rules, where the issuer proposes to utilise a proportion of the issue proceeds of the issue of green bonds, towards refinancing of existing green assets, the issuer shall clearly provide in the offer document the details of the portfolio, assets and projects which are identified for such refinancing.

    The issuer is also expected to publish the utilisation of proceeds in at least two national dailies on an annual basis which shall contain the details of the key factors capturing the environmental impact of such investments and the same shall be disclosed in its annual report and website

    Besides, the issuer shall publish an assessment report issued by an independent professional assessment or certification agency on its website or other media and conduct and report annual follow-up assessments of the green projects and associated environmental benefits throughout the tenor of the bond.

    Nigeria is planning to float Africa’s first sovereign green bond issue with a target of N20 billion to provide environment-friendly infrastructure to not less than 44 Nigerian universities and more than 1.1 million people in other different communities.

    Vice President, Professor Yemi Osinbajo, at an investors’ conference for the green bond at the Nigerian Stock Exchange (NSE), said the issuance of the green bond would open up vast opportunities for the country, the capital market and the populace.

    He said the net proceeds of the N20 billion green bond, the first to be launched by any African government, would be used to fund projects that will reduce carbon emissions and develop renewable energy.

  • NFF to regulate football academies

    NFF to regulate football academies

    •Lauds Irukka online on talent hunt

    The Nigeria Football Federation(NFF)is to  regulate football academies in the country.

    Speaking at the unveiling of former Super Eagles coach Samson Siasia as the brand ambassador of PSG-Irukka football talent hunt ,the Vice President of NFF, Seyi Akinwunmi said that the purpose of the regulation is to ensure that only football academies that meet the required standard operate in the country.

    According to him one of the objectives of the current NFF  is to ensure the development of youth football.

    He said for the objective to be achieved ,standard and compliance must be enforced  in football academies to enable them meet with the standard in  other climes.

    Akinwunmi commended Irukka online for its efforts at encouraging the development of football in the country.

    He said the talent hunt, which would hold in 14 cities across the country, would help to discover hidden talented footballers

    According to him, irukka online is doing the NFF in particular and Nigeria in general  a big favour by helping in the discovery and harnessing of young footballers .

    In his contribution ,the Managing Director, Irukka online , Chinedu Oguike said the purpose of the PSG-Irukka football talent hunt  is to produce the  Okochas`,Kanu Nwankwos and Mikel Obis of this world for Nigeria.

    He said Irukka online decided to make Samson Siasia ,the brand ambassador  of the talent hunt because  of his great achievement  in the development  of youth football in the country.

    According to him,with Siasia and the technical crew, the talent hunt would produce those that would bring honour to Nigeria in the game of football in the near future

    He urged talented young footballers to make use of the opportunity being provided by the talent hunt to realise their dreams of playing in big leagues in the world.

  • ‘There is need to regulate medical residency’

    ‘There is need to regulate medical residency’

    Betty Apiafi is the Chairperson of the House of Representatives Committee on Health Institutions. The lawmaker, who represents Ahoada East/Abua/Odual Federal Constituency in Rivers State, speaks with Victor Oluwasegun on a new bill to regulate medical residency and other issues. Excerpts

    As the chairperson on the Commit-tee on Health Institu-tions, what is your opinion on the 2017 Health budget; what are flaws and the strong points?

    That is a very difficult question to answer because the budget is a document sent to the National Assembly for legislative input. So, we are supposed to actually work with the executive to see how we can bring out a better document to address the interest of Nigerians

    So, are you satisfied with what you’re seeing?

    What I can say about capital budget not only in health institutions but in Nigeria generally is that I think, for us, especially now that we’re in a recession, the issue of people brandishing words that the capital budget of the nation is so many percent higher than the previous year’s expenditure makes everybody feel this is a good budget. I think we should go past that stage and ask more direct questions like: what are we using this capital budget for? That is when we can actually know that the capital budget is going to produce the kind of result that we need to move the nation to another level and the reason I’m saying this is because, you have projects that are not properly thought out and they are at different stages of completion.  Today, Nigeria is in recession and the cost of construction has escalated so much. So, for you to even look at the capital budget at this time that the country is in a recession you have to go back and streamline…And unfortunately we don’t have a list of uncompleted  projects. We’ve always been saying in the House that the Bureau of Public Procurement or our MDAs should at least have a list of uncompleted projects or we should have a national database. We can now go back to those capital projects and begin to look at what is critical. If you have listened to any of our Budget defense sessions with the teaching hospitals, you will hear us telling them that if you have a project that is just starting and you haven’t done much, leave it, take the priority, and take just one or two priority projects that you can finish.

    And talking about capital budget the main Health Ministry has a N 22billion capital budget and they want to use N11 billion to pay for counterpart funding of donor agencies and use N6 billon for medical centres of excellence; would that not affect negatively the capital budget component of the Ministry?

    Yes and no. No, in the sense that before you speak about capital project, you have to be project specific and before being project specific, how impactful is that project under the present circumstance with the recession and all that? Unfortunately, I don’t have the information on what exactly they want to do with the N11 billion counterparts funding.

    One of the greatest problems in the health sector is medical residency. Even the current Minister of Health said so. What is the solution to this problem?

    Like I said, we have quite a number of challenges in the health sector which we’re trying to address as much as we can. One of the biggest is the residency training programme. Also, like I earlier said, there is a lot of disharmony in the health sector. We’ve tried to discuss with major stakeholders and to explain to them the need to work in peace. I think we’re making progress because after the last major strike by Association of Resident Doctors’ national body, we met with them with the Speaker and a lot of issues were resolved. Thereafter, the situation seems to be getting better because our doors are open, we’re always having discussions, talking to them. By discussions, one of the things we’ve identified as a problem in the health sector is the residency programme.

    Now, the Residency Programme started in 1968. Unfortunately, there is no law regulating it. Now the Residency Programme is the programme where we produce our specialists, where medical doctors who graduate from universities go to take their exams to specialize. It’s amazing that for that kind of level of specialty, we don’t have a law.

    If you noticed, in the past, most of the laws that are outdated in Nigeria, we’ve been working on them. And last week saw us presenting a bill to give legal backing to this school of Laboratory Technology in Jos. This school has been in operation for 50 years without an enabling law. It was just hanging in there at the ministry. So, we now decided that since we can’t get a policy on residency, why not make a law on residency? Because looking at the issue in the residency programme, they are so critical: what is the curriculum they’re running for residency? Who is responsible for it? How is it reviewed?

    You mean there is no programme?

    Well, there is a programme, but what is happening is that the individual institutions are being regulated by National Post Graduate Medical College and West African School of Surgeons and West African School of Physicians. But then, the West African Schools are not Nigerian institutions. So, for me, it’s only the Nigerian Post-Graduate Medical College that is ours and I’m not seeing any scheme or curriculum that they are running. Then, there are several issues…what level do you take in resident doctors? How long does residency have to last? Now, this residency prepares doctors for two exams, the Junior Registrar and the Senior Registrar. How long are they supposed to be in the programme? If they fail, should they continue? How many times should they fail? If they pass, they move on to the next level.

    The short title of the bill is: “Medical Residency Training Act” and it also deals with the structure of the programme, requirements, tenure, conduct of residents and sponsorship/ funding.

     

  • Time to regulate CSOs

    SIR: All over the world, the role of Civil Society Organisations (CSOs) is essentially in three coordinate parts namely: to facilitate the design of strategies for development; to act as service providers under the aegis of community and national non-governmental organizations (NGOs); and lastly, to be watchdogs in order to make government accountable for its commitments.

    Perhaps the description of Connor is more succinct and explanatory: “Civil society is composed of autonomous associations which develop a dense, diverse and pluralistic network. As it develops, civil society will consist of a range of local groups, specialized organizations and linkages between them to amplify the corrective voices of civil society as a partner in governance and the market” (Connor, 1999). In effect, CSOs should promote transparency, and sustainable growth of the economy either in partnership with government agencies or as independent groups. In additionto providing leadership in the strategic areas mentioned above, CSOs are key players in the area of poverty reduction, debt relief and, of course, the attainment of the Millennium Development Goals (MDGs) in their locations.

    The emergence of CSOs in the mid-90s was largely driven by the quest to open up the space for players outside government and other established sectors and at the same time promote efficiency in service delivery and ensure that projects meant for the people have significant bearing on their lives. CSOs also came about in relation to managing the fallouts of the several reforms including the structural adjustment programmes propagated by international funding agencies and development partners.

    An upshot of the foregoing is that CSOs are supposed to be the engine rooms for the enthronement of democracy, accountability, personal liberties and good governance. They have been largely successful in other climes because by their enabling nature, they are supposed to be leaner, adjustable, tighter and driven.

    How have the CSOs fared in Nigeria? Have their activities touched the lives of the people? Have they been true to their mandate? Have they done justice to their primary objectives? A critical evaluation of their activities will show that at best it’s been a case of mixed blessings. Whilst it is gratifying to note that some of the CSOs may have been people-oriented, progressive in nature and have stuck to their founding mandate, the same cannot be said of others. Rather than see the government as partners in making the country better, the latter group seem to antagonize everything from that direction. Even where there are opportunities to re-create and turn things around for the better, they seem fixated with the ‘business as usual’ approach of the past because of the pecuniary gains to be appropriated by them. Unfortunately, their activities have diminished the good works undertaken by those who have conscientiously pursued the primary objectives of the organizations. Clearly, they have lost track having traded their sacred raison detre for ephemeral things. Like a virus, the level of proliferation of this insidious group have multiplied exponentially and one only hopes that the sector has not been infiltrated by mindless zealots

    I am therefore asking that for the country to get the best from the sector, it is about time to regulate their activities and in the course of this exercise, the country will be in a position to remove the grain from the chaff. This is calling on the Buhari administration to sanitize the civil society organizations. The time to act is now.

    • Shehu Adamu,

    Jos, Plateau State.

  • Lagos to regulate healing centres

    The Lagos State Government is set to regulate activities of faith-based organisations (FBOs) that are using orthodox drugs for treating patients.

    The Chairman, Health Facility Monitoring and Accreditation Agency (HEFAMAA), Dr Tayo Bello said: “The practices of FBOs are so confusing and because HEFAMAA has been given the mandate to ensure improvement in the quality and efficiency of health care delivery in the state, thereby securing the safety of lives of its citizenry whilst being exposed to healthcare delivery, we cannot watch some FBOs waste lives.

    “Basically, FBOs are supposed to rely on prayers, recitation of a verse of Bible or Quran without using drugs, injections or admit a person and the faithful or patient gets well. But now there is a plethora of FBOs using orthodox ways of treating, they are best described as ‘Clinics’. And that is why we want to put the heat on them by way of regulating their activities which is part of HEFAMAA mandate.”

    HEFAMAA is set up by Health Sector Reform Law (HSRL) 2006) to ensure improvement in the quality and efficiency of health care delivery in Lagos State.

    The Executive Secretary of HEFAMAA, Dr Jimi Asuni, said: “For a facility to be called a Clinic, there are some things expected to be in place. “And HEFAMAA performs its duties by monitoring all the facilities in the state to ensure that the minimum set standards are maintained. Our observations through monitoring have revealed that most of th ese FBOs are sub standard ‘clinics’ and even those that have basic things in place expected in a standard clinic employ health personnel and they are registered with HEFAMAA.

    “Those are the ones that play safe and have respect for life. But where some have turned worship centres to clinics, and take delivery, treat conditions like malaria with drugs, and still claim they are using religion to heal, that is not acceptable any longer in the state and we are turning the heat on them.”

    The Chairman added: “The Governor, Babatunde Fashola has zero tolerance for substandard and we are on the same page with him hence we are now moving into the regulation of FBOs.”

    The Secretary added: “For any health facility that wants to register, the registration process is simple. Submit an application to the Health Commissioner, stating the location of the practice and the scope of services; present certificates and practicing licence of all medical staff; these will be verified by HEFAMAA. Submit a copy of current tax clearance certificate; submit a letter of recommendation from relevant professional associations and for those facilities already in operation; timely submission of monthly data to the Medical Officer of Health at the local government level is required.”

  • Senate moves to regulate rent in Abuja

    A Bill, which seeks to regulate the relationship between the landlords and tenants, rent control and recovery of premises in the Federal Capital Territory (FCT) yesterday scaled the second reading in the Senate.

    The Bill, entitled: ‘A Bill for an Act to repeal the recovery of premises Cap 553 LFN, 1990 Act and re-enact the recovery of premises Act (Abuja) 2011 to regulate the relationship between landlords and tenants, rent control, the procedure for the recovery of premises and for other matters connected therewith 2013’, was sponsored by the Chairman, Senate Committee on FCT, Senator Smart Adeyemi.

    The Bill was endorsed by all senators. Senator Olusola Adeyeye lamented that it is only in Nigeria that landlords demand two-year rent.

    Adeyemi said the Bill would address the administration of arbitrary and prohibitive rents and ameliorate the hardship of tenants by making housing affordable and rents sustainable.

    He noted that when passed, tenants, especially the low- income earners, who are the majority of FCT residents, can afford decent accommodation.

    The Kogi West lawmaker said the Bill spells out the procedure for the recovery of premises in the FCT, including its area councils.

    Said he: “Over the years, the cost of acquiring real property in the major cities in Nigeria has been on the rise, so much so that Nigeria is becoming reputed as one of the most expensive countries in the real estate sector on the African continent.”

    Adeyemi noted that in Abuja, the real estate industry is one of the most lucrative sectors because shylock landlords and their agents increase the cost of property arbitrarily.

    He said a standard two-bedroom flat with the requisite amenities, such as water and electricity supply in the Karu-Nyanya axis costs between N400,000 and N500,000. The same accommodation would cost between N800,000 and N1m, N1.5 to N2m and N2.5m to N3m in Lugbe/Kubwa, Gwarinpa/Garki/Wuse and Maitama.

    The lawmaker said to reduce the cost of property in major cities in the country, mass housing schemes, public and private partnership on housing, cost of land acquisition and cost of building materials must be taken serious.