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Tag: Rt. Hon. Philip Shaibu

Edo committed to attaining self-sustenance with IGR – Shaibu

…Says Obaseki prioritises wellbeing of Edo people

Edo State Deputy Governor, Rt. Hon. Philip Shaibu, has said that the Godwin Obaseki led-administration remains committed to implementing economic policies that will create wealth for Edo people and self-sustenance through aggressive Internally Generated Revenue (IGR) drive.

Shaibu made this submission during an interview with journalists in Benin City, Edo State capital.

The deputy governor said, “The Godwin Obaseki led-administration prioritises economic policies that will spur growth, wealth creation and prosperity for Edo people.

“These policies are targeted at reducing the rate of poverty and unemployment. The long-term economic plan of the state governor is to create wealth and prosperity for Edo people.”

He said the state’s economic model is targeted at driving economic growth and sustainability, noting, “With our policies, we intend to achieve self-sustainability for the state where proceeds from Internally Generated Revenue (IGR) will be used to drive economic growth and prosperity for Edo people without depending on the allocation from the Federation Account to drive social growth and development.”

Shaibu maintained that “When we have fully achieved this, proceeds from the Federation Account will be considered an addition, just like grants from donor agencies.”

He assured that the state government is committed to opening up the economic space in the state and creating avenues for more people to participate in economic activities.

“The state government’s economic blueprint is also directed at opening the economy to encourage the participation of more people to contribute to economic growth.

“We intend to capture more Edo people in the quest for development, so as not to burden few people with taxes. This measure will improve revenue generation. When the economy is open, more people will be captured in the tax net and the tax burden will be spread. We are interested in reducing the tax burden on few persons,” he said.

Read Also: Edo SUBEB launches Edo-BEST programme, trains 300 teachers in pilot scheme

March 5, 2018
Obaseki inaugurates committee on privatisation, commercialisation

Edo State Governor, Mr. Godwin Obaseki, has inaugurated a 10-man Technical Committee on Privatisation and Commercialisation (TCPC), which will take inventory of all non-operational enterprises owned by the state government and provide guidelines for their privatisation and commercialisation.

The committee to be chaired by the Deputy Governor, Rt. Hon Philip Shaibu, was inaugurated on Tuesday, by the governor at the Government House in Benin City, Edo State.

Obaseki noted that the TCPC will “carry-out due diligence on the Uromi Cassava Factory; review and end the previous process for the sale of the factory and carry-out actions that will ensure the selection of capable investors for the uptake of the factory.”

Obaseki said, “The objectives of the committee will include visits to sites of the state-owned enterprises to identify enterprises that require urgent restructuring through commercialisation, privatisation or partnership. It will carry out due diligence on the status of the identified enterprises.

He added, “The TCPC will make recommendations for the review of the TCPC law and appoint the Public Private Partnership Office as a standing and Adhoc Committee to facilitate the performance of its functions.

Chairman, TCPC, Rt. Hon. Shaibu, represented by the Commissioner for Wealth Creation, Cooperatives and Employment, Hon. Emmanuel Usoh, expressed appreciation to the governor for the opportunity to support the economic agenda of state government.

He said, “The committee will put their best in discharging its duties in line with the provision of the Law and economic agenda of Obaseki’s administration. We will be transparent in our engagements.”

Other members of the committee include, Speaker, Edo State House of Assembly, Rt. Hon Kabiru Adjoto; Commissioner for Finance, Hon. Osagie Inegbedion; Commissioner for Infrastructure, Hon. Osahon Amiolemen; Commissioner for Wealth Creation, Cooperatives and Employment, Hon. Emmanuel Usoh; and the State Attorney General and Commissioner for Justice, Hon. Prof (Mrs.) Yinka Omorogbe.

Others include, a Director in the Ministry of Wealth Creation, Cooperatives and Employment, who will act as Secretary of the committee; Mr. George Etomi, of Etomi and Partners; Mr. Olu Akpata, Templars Law firm and Mr. Cephas Afebuameh, Supply Chain and Operations Director, Suntory Beverage and Food Nigeria.

February 6, 2018
Edo Sports Devt C’ttee proposes Sports Commission, Trust Fund Bills

The 11-man committee set up by the Edo State Government to revive sports in the state has submitted two proposed bills: The Edo Sports Commission Bill and the Sports Trust Fund Bill to Governor Godwin Obaseki.

Receiving the documents at Government House in Benin City, Obaseki commended the committee for doing a good job and assured that the bills when passed into law, would revitalise sports in the state.

He thanked the committee for their commitment to the terms of reference they were given, which led to the formulation of the sports document and promised that the bills would be sent to the State House of Assembly.

“Government is refreshing its sports outlook. That was why we set up this committee. You have advised us on what to do and have come up with a document that will regulate the sports industry, including how to improve on our current ranking in sports, funding and how to get stakeholders in the industry to join us in revamping the sector” he added.

“We assure you that we will act on the document and it will guide our sports architecture,” the governor said, noting that the job of the committee is not over as it has to come up with implementation strategies for the bill, when passed into law.

Obaseki stressed that it was time to transit from the old ways of managing sports so that it can be self-financing.

Earlier, the Chairman of the 11-man committee and Deputy Governor of the state, Rt. Hon. Philip Shaibu, said the committee gave a broad view to the issues surrounding sports development in the state before it came up with the sports documents.

Shaibu assured that the bills when passed into law, would move sports to the next level in the state.

November 9, 2017
Oredo traders’ protest: Obaseki slashes store levies

The Governor of Edo State, Mr. Godwin Obaseki has ordered a reduction in the cost of shops in Oredo Local Government Area of the state following appeals by traders in the council.

Speaking after a meeting with the traders at the Government House in Benin City, Obaseki, who was represented by the Deputy Governor, Rt. Hon. Philip Shaibu, directed that owners of shops earlier charged N50,000, to pay a new rate of N40,000, while the partitioned shop owners are to pay N25,000.

The governor said his administration was committed to sustaining the business-friendly climate in the state to grow existing businesses and attract more investors.

Recall that traders in Oredo council under the aegis of Coalition of Traders and Artisans, took to the streets in the metropolis last week, to protest against the new shop rates in the council.

The governor’s action is in line with a proviso in the new law that prescribes the new shop rates, which empowers him to entertain appeals from the traders and review the rates.

The traders are to pay the new rates within a period of 25 days as contained in the new law.

The governor advised the traders that an amendment of the new law was in the works and urged them to take advantage of the amendment process to make their case at the State House of Assembly when the matter comes up for hearing.

September 13, 2017