Tag: Stakeholders

  • Stakeholders meet to end farmers/herdsmen clashes

    The Association of Christian Traditional Rulers of Nigeria (AOCTRON) and the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) in Anambra State have met to resolve the farmers/herdsmen clashes.

    A communiqué issued after their annual general meeting at the palace of the Okalakwu of Igbariam, Dr. Nkeli Nzekwe Kelly I, said their aim was to find solutions to the clashes.

    The communiqué, signed by Igwe Kelly, Dr Winston Ogun and King Dodo II, reads: “We, the members of AOCTRON, thank the Federal Government for promising Nigerians and the International Community credible elections. The association has restructured and elected new executives for both National and zonal level, and Eze Kelly I as the National Executive Chairman.

    “The association, in collaboration with the Meyitti Allah Cattle Breeders Association of Nigeria (MACBAN), is meeting to find lasting solutions to the herders/farmers clashes all over the Country. We also advice all monarchs to educate their subjects, especially the youths, to be law abiding and shun violence during the elections.

    “AOCTRON will always support the peace process as the only solution to our problems in the country and beyond.”

  • Creative, tourism industries’ vote of expectation

    THE Nigerian creative sector has been greatly underrated; a reality which is fast hitting stakeholders to the degree that, this election season, they have somewhat showed their disdain for handouts.

    Therefore, as some of them vote today across the country, irrespective of political party affiliations, one thing is clear – an enabling environment for creative enterprise.

    There is no gainsaying that the ‘song’ about the creative industry developing on individuals’ efforts is still rife. Thus, government needs to be awake to the plight of the stakeholders, not just for the sake of the latter, but for the common good of the Nigerian economy, if government’s agenda of economy diversification from oil is anything to go by.

    Indeed, there is the need to re-position the creative sector for auditable structure and optimal returns. A cursory look at some of the pending issues include a few bills proposed to the National Assembly. They include, the National Endowment for the Arts (NEA); the Motion Picture Council of Nigeria (MOPICON) and the Tourism Development Fund.

    Wherein the NEA is expected to stem a situation under which artistes access funds at high interest rates, MOPICON, on the other hand, is expected to provide a self-regulatory framework to guide and standardise the activities of the nation’s movie industry, while the Tourism Development Fund is to provide funds for training and project development.

    On the aspect of return on investment, piracy being the common threat is still ubiquitous. This is just as a palliative called Private Copy Levy is a form of royalty that musicians and audio-visual entrepreneurs earnestly desire.

    At a recent workshop in Ijebu-Ode, Ogun State, Professor Olu Obafemi made reference to how much oil has hindered development of Nigeria’s creative industry.

    Obafemi, a Professor of English at the University of Ilorin who stated this during an empowerment programme for young filmmakers, noted that oil has stopped Nigeria from developing its rich creative industry, as against the much talked about economic diversification.

    “We are too dependent on oil, and this has made authorities not to give attention to the development of our cultural economy,” he said, adding that, “All over the world, culture has become a major source of revenue as nations package their cultures in films and export them.”

    On what it takes to attain alternative source of national income, he identified Nollywood as Nigeria’s key representation on the stage of global economy.

    On what an enabling environment entails, he identified piracy, insecurity and lack of adequate infrastructure as some of the banes, making it unattractive to both local and foreign investors, while urging government at all levels to show political will to develop the creative sector.

    “I believe that if the enabling environment is created and the right policies are there, the sector will strive,” he said.

    “If our roads are not usable and the environment is not secure, how do you expect filmmakers to go to shooting locations? The industry is capital intensive, and to produce very good films, you will need millions of dollars, and this is where funding becomes a major setback to the Nigerian filmmakers.”

    Stakeholders in the creative industry continue to seek a way each election year. This season is not different, as they have met with some candidates from the different political parties.

    So much has been said about how successive governments in Nigeria have used entertainers as political campaign tools to ‘win’ elections; how their best had been seen and treated synonymously to the glamour of their profession; and how, when it comes to leadership positions, they are not considered fit, because such managerial positions appear to be purely political.

    So much was said about how filmmakers, especially, cannot even be bosses of their art in the face of intellectual property thieves who, ironically, are lords in the business, smiling to the bank at the expense of rights owners.

    So much was said about enabling environment from government in forms of security at film locations; import waivers, especially for capital equipment and support for trade-related initiatives; transformative policies around access to finance and distribution.

    Personally, I do not know where they got it wrong, but these creative people are some of the most brilliant people I have known across all professions in the world. These attributes, they often exhibit before the politicians, who, obviously will agree to every demand but bow to whatever superior interests when the ‘stew’ is done.

    Today, as these stakeholders vote out of expectation, it is hoped that the potential winners will meet their expectations.

  • Presidential poll: Group urges stakeholders to obey laws

    A non-governmental organisation, ‘Values Reorientation Initiative and Advocacy (VRIA),’ yesterday urged stakeholders in today’s presidential elections to conduct their activities in line with the electoral laws.

    The group observed that election campaigns in Lagos were without violence and disruptions, urging politicians, voters and other participants to sustain the tempo of peace.

    In its ‘Pre-election Observation Report,’ the organisation, which is an accredited observers’ group, noted that the preparation and training of election duty staff and other ad hoc staff by the Independent National Electoral Commission(INEC) were very professional and well organised.

    It also stated that the recruitment of the electoral workers was done in accordance with INEC guidelines.

    VRIA Coordinator, Larry Kayode James, told reporters in Lagos that for 13years, the group has been participating in election observation in its bid to promote and protect civil and political rights of participants, deter and expose manipulation and fraud, and facilitate the correction of errors and weak practices during electioneering.

    He said: “We at this level can confirm that the INEC, the political parties and all other participants in the election processes have conducted themselves in line with all international election standards. VRIA looks forward to a peaceful and successful observation of election.”

  • Breaking: INEC in crucial meeting over 2019 election

    The Independent National Electoral Commission (INEC) Prof Mahmood Yakubu is currently in a crucial meeting with stakeholders, including international and local observers over tomorrow’s Presidential and National Assembly election.

    INEC is considering postponing the election due to some logistics challenges being faced by the commission in many states.

    Details shortly…

  • Stakeholders stress investment promotion in national growth

    •CEO launches book

    Nigerian investment experts and entrepreneurs have emphasised the need for collaborative efforts on investment education and promotion with a view to stimulating foreign and domestic investments in the country.

    At the  launch of ‘Riding The Eagle, A Guide to Investing In Nigeria’, a book written by Mrs Toyin Sanni, at the Nigerian Stock Exchange (NSE) in Lagos, the stakeholders noted the importance of investment in national development.

    Mrs Sanni, Chief Executive Officer of Emerging Africa Capital Group, said the book was written to help drive investment flow and make Nigeria a preferred destination for investments by providing detailed and concise information to investors.

    According to her, the book discusses Nigeria’s current economic challenges and proffers solution to some of them while providing a general overview of risk-return analysis to guide investors.

    “’Riding the Eagle’ is a guide for local and international investors seeking to exploit the unique opportunities in the Nigerian Economy,” Sanni said.

    Executive Vice Chairman, FAMFA Oil Limited, Mrs Folorunsho Alakija said the book was an appropriate and timely information guide for all stakeholders in the Nigerian investment sector.

    Acting Director General, Securities and Exchange Commission (SEC), Ms. Mary Uduk urged investment professionals to continue to take positive steps to attract and retain both local and foreign investments to stimulate economic growth and developed critical infrastructure necessary for the country’s development.

    She noted that stated that during the decision-making process, investors want to be sure of the rational basis of their investment decisions before transferring resources, and this is why quality information is needed.

    According to her, providing information to investors will enhance transparency in the Nigerian markets and improve our global reputation in the investment community.

    “’Riding the Eagle’ meets this imperative by providing comprehensive and up-to-date information on investing in the Nigerian markets via a roadmap and guide for foreign, domestic, institutional and individual investors alike. It also examines the challenges faced by the Nigerian economy across sectors, past and recent success stories and solutions to some of the nation’s economic and development challenges,” Uduk said.

    She pointed out that the book provides details on the key sectors that drive the performance of the Nigerian economy and what investment opportunities are available for interested investors and motivated entrepreneurs.

    She praised Sanni for putting at the disposal of the industry, the value of over one decade in the money market and another two decades in the capital market.

    “The book serves investor interests through this comprehensive and authoritative work on investment opportunities in the Nigerian economy. It is imperative therefore that we all as stakeholders continue to take positive steps to attract and retain both local and foreign investments to stimulate economic growth and develop critical infrastructure necessary for our country’s development,” Uduk said.

     

  • Stakeholders parley on peaceful elections in Ondo

    Stakeholders gathered in Akure, the Ondo State capital, yesterday to brainstorm on how this month’s general elections would be peaceful.

    Among them were the Nigeria Police Force, Civil Defence Corps, traditional rulers, National Orientation Agency (NOA) People With Disability (PWD), National Council of Nigerian Women (NCNW) and National Union of Road Transport Workers (NURTW), among others.

    At the forum organised by Life and Peace Development Organisation (LAPDO), the electorate were charged to play the game according to rules to ensure that the forthcoming general election is devoid of violence and crisis.

    Convener of LAPDO, Francis Oloniyo, noted that the essence of the workshop was to ensure a violent-free poll and support people living with disabilities during election day.

    Oloniyo maintained that the programme was aimed at discouraging vote-buying and other vices that affect the election.

    He particularly sought the active participation of women and people with disability, urging security agencies to give them adequate protection during the exercise.

    Other key players pledged their commitment to work with any group towards a free, fair and credible poll.

    The Commissioner of Police, Gbenga Adeyanju, said the police have an onerous task of providing security at all times, especially during the polls.

    He said the duty will be carried out with utmost dedication, stressing that” we are assuring the people of their security provided they are not tools in the hand of politicians.”

    Adeyanju emphasised that election should not be made a do-or-die affair, stressing that the police are up to the task in the assignment.

  • Stakeholders seek religious groups’ involvement in environment protection

    Environmentalists and other stakeholders have charged religious organisations to advocate environment protection.

    They spoke at the 17th Chief S. L. Edu Memorial Lecture, which had as theme, ‘’A quiet revolution – Faith and the environment’’.

    The Nigerian Conservation Foundation (NCF) and the Religious Adviser on the Environment to the Duke of Edinburgh, Mr Martin Palmer, submitted that it was vital for religious bodies to be involved in nature conservation.

    Palmer, who is also the Secretary- General, Alliance of Religions and Conservation (ARC), said since over 80 per cent of the world’s population belong to major religions, and that qualifies them as stakeholders in the nature protection.

    He said in many parts of the world, religious leaders are trusted more than politicians, non-governmental organisations, the United Nations or any other outsider body, arguing that it is imperative for religious bodies to help in tackling environmental challenges.

    He stated that the historic and contemporary roles of faiths and the sacredness in conservation efforts make religious bodies the oldest, most sustainable, powerful nature-value-driven groups in the world that should be leveraged  given the massive network they enjoyed.

    Considering how religious Nigerians were, Palmer said environmentalists and religious bodies could work together by building upon certain key aspects of the faiths. “The faiths are the oldest human institutions and, therefore, the most sustainable. They know from hundreds or thousands of inyears of guiding humanity, how to effect change in such a way as to carry people with you. People will listen to their religious leaders first and, therefore, if you want to reach people it has to be in partnership with those whom they trust. Faiths can help us recover our place in a greater story of how humanity finds once again a sacred role, a special place not apart from nature but once again as part of nature,” Palmer explained.

    NCF Chairman Ede Dafinone said the country’s environmental condition was no longer about aesthetics, but rather it is about survival. He said the topic was  apt in view of the increase in carbon monoxide emission into the atmosphere, which has negative effects on climate change.

    NCF Board of Trustees President Philip Asiodu lamented that since the talk about the re-greening of the environment started, not one hectare of land had been covered in Nigeria. “If any country should be interested in nature conservation, it should be Nigeria with its diverse ethnicity and religious beliefs. Mosques and churches are everywhere and multiplying each day. It is time for us to see how they can participate in tackling environmental issues,” he said.

  • Reps probe of PenCom worries stakeholders

    The decision by the House of Representatives to probe the activities of the National Pension Commission since April 2017 till date appears to have brought about calmness in the pension industry.

    There have been worries, however, by Industry stakeholders on the nature of the information that the probe may provide to the public.

    While some of them see nothing wrong in a probe, they are worried that sensitive and confidential information on the industry would be exposed to the public, stressing that the move may harm rather than help the industry and cause unnecessary anxiety by pension contributors in Nigeria.

    An ad-hoc committee of the House of Representatives mandated to probe activities of the National Pension Commission (PenCOM) since April 2017 has sent tongues wagging on the exact motives and end game of the investigation.

    The Committee headed by Hon. E.J. Agbonayinma, had in a letter to the Acting Director General of PenCom, Aisha Umar, dated January 21, requested confidential information on the Contributory Pension Fund, leading to speculation in the industry on why legislators would request information that breaches the law.

    In the letter titled: Request for Information the Committee asked PenCom to furnish it with sensitive information on its operations as well as the status of pension contributions in Retirement Savings Accounts, contrary to the provisions of the Pension Reform Act (PRA) 2014 which forbids the Commission and members of the Commission from disclosing such information.

    Among the information requested by the legislative committee are “The Net Asset Values of the Contributory Pension Funds, details of supervision and regulations of Pension Fund Administrators and their key instructions and performances, compliances and defaults, annual pension operations of all the Pension Fund Administrators (such as details of amount collected from contributors and amount being paid out to retirees, from April 2017 till date).”

    The Committee also requested for details of investment percentages and profits from the investment of pension funds, and details of the Federal Government contributions to the Federal Government bonds.

    It also asked for the “contributions of retirement savings account holders to Pension Funds Administrators and details of payments from PenCom into the Treasury Single Accounts (TSA) and bank accounts details operated by the Commission” It also requested the PenCom to respond to the request urgently.

    Many industry stakeholdrs who spoke to reporters off-the-record on the planned investigation of PenCom by the House wondered why the lawmakers would ask the Commission to breach the pension law by divulging sensitive and confidential information about contributions of retirement savings account holders.

    “Some of us are ready to sue PenCom if this confidential information is given out because it is an infringement on the right of the account holders as well as the business strategies of respective operator companies”, a source said. The source also hinted that the House of Reps probe is capable of causing ripples in the financial industry in Nigeria due to the huge amount of investments by pension funds in various sectors of the economy.

    Meanwhile, there are no proofs whether PenCom intends to provide the information requested to the Committee or not. But a member of the Committee contacted said the Commission was yet to respond to their request.

     

  • Uba meets stakeholders in seven council areas

    …seeks support for senatorial ambition

    The People’s Democratic Party (PDP) senatorial candidate for Anambra South Senatorial Zone,  Chief Chris Uba, has met with all the stakeholders in the zone to seek their support for his senatorial ambition.

    The local government areas are, Ekwusigo, Ihiala, Nnewi North, Nnewi South, Aguata, Orumba North and Orumba south.

    The town hall meetings attracted all the political juggernauts in the council areas, which were held in their different party offices in their areas.

    He told them that nobody in Anambra State had contested any elective position in the state without his support, including the governors, senators , House of representatives and state Assembly since 1999.

    Uba said he came to contest the seat in anger because those who had represented his people had failed in their duties by abandoning them, saying ‘enough is enough ‘.

    “Please, stop selling your votes and conscience in next month’s elections, the time to rescue my people in Anambra South Senatorial Zone is now because you told me to come out “He told them that if elected as their senator, he would work with any president without fighting him and by that way, he would attract democracy dividends to his people.

    Uba added that after his tenure as senator, no person would have the courage to come out to contest again because of his record at the Senate.

    “Fear not, I have the resources for this election, I have the brain, I have the connection and I have the capacity to become your Senator”

    “I’m ready for this fight and ready to give my constituents what they had lacked in many years and I’m ready to sign an agreement with all the local government areas to show my seriousness in this election.”

    Some of the stakeholders who spoke with The Nation, like former lawmakers; Hon Tim Egboka, Hon Uche Ogbonna described Chief Chris Uba as the kind of person the area needed now at the National Assembly.

    Others who attended the town hall meetings were member representing Ekwusigo, Nnewi North and South Federal Constituency, Hon Chris Azubogu, his colleague from Aguata Federal Constituency, Hon Eucharia Azodo and Hon Onyebuchi Offor, representing Ekwusigo Constituency in the State House of Assembly, among others.

  • Stakeholders endorse Isiaka as Ogun governorship candidate

    STAKEHOLDERS in Ogun West have endorsed the aspiration of African Democratic Congress (ADC) governorship candidate Prince Gboyega Isiaka as their preferred choice in the March 2 election.

    Those who endorsed Isiaka include opinion leaders, religious leaders across the faiths, associations, community development groups and retired top civil servants as well as pressure groups.

    The decision was taken at a summit organised by the Ogun West Stakeholders Forum (OWSF) in Ilaro, Ogun State.

    The forum said the failure of the All Progressive Congress (APC) to honour a gentleman agreement to field a Yewa/Awori man as the party’s flagbearer informed the switching to the rancour-free ADC, in addition to the credibility of its candidate.

    “Today, the zoning arrangement in the APC has been upturned to the disadvantage of Ogun West and the consensus gubernatorial candidate of APC from Ogun West jettisoned for another candidate,” the OWSF Coordinator, Dr. Kunle Salako, stated.

    He added: “After a SWOT (strengths, weaknesses, opportunities and threats)  analysis of the five remaining candidates and parties, which present Ogun West persons as governorship candidates, we come to the realisation that the most acceptable to other sections of the state, most prepared for the job, most experienced and most qualified is Prince Gboyega Nasir Isiaka.”

    Salako noted that the APC would have been the preferred platform, but for the thwarting of the efforts of Ogun State Governor Ibikunle Amosun to work in collaboration with others to field a Yewa/Awori person.

    Notable leaders of the Ogun West, who attended the summit and supported the adoption were Asiwaju of Aworiland Senator Ayo Otegbola, Asiwaju of Yewaland Prof. Anthony Asiwaju, Ekerin of Ota Chief Bamgboye Osunlabu, Otunba of Ilaro Dr. Samuel Ibikunle and Iyaloja of Yewaland Chief (Mrs.) Yemisi Abass.

    Other leaders were the first female Minister in Nigeria, Ambassador Ebun Oyagbola, former Deputy Governor Salimotu Badru,  former Chairman,  Ogun -Osun River Basin Development Authority Chief Mrs. Iyabode Apampa,  former Chairman,  Ogun State Housing Corporation  Chief Bisiriyu Popoola, former Commissioner Lai Taiwo and Chief Mrs. Mary Ogunjobi,  among others.

    Read also: College workers, Ogun labour leaders beg Amosun to pay salary

    The OWSF, convener of the summit, hailed “other brothers and sisters in Ogun East and Ogun Central for rallying round the zone to give the state a competent private sector person with the zeal to serve the state”.

    The Ekerin of Ota assured that his presence was endorsed by the Ota people.

    Isiaka, in his appreciation remarks, said: “This reposition of confidence will further strengthen our resolve to restore education, health service and return prosperity to the mass of the masses.”