Home Blog Page 390

Ondo Election: Candidates Sign Peace Accord

0

In preparation for the November 16 governorship election in Ondo State, political parties and their candidates have pledged to uphold peace by signing a peace accord. The ceremony, organized by the National Peace Committee and led by former Head of State Abdulsalam Abubakar, took place on Friday at Akure’s International Culture and Event Centre.

Key political parties in attendance included the All Progressives Congress (APC), Peoples Democratic Party (PDP), Labour Party (LP), Action Democratic Party (ADP), and Zenith Labour Party (ZLP), among others. Addressing the candidates, Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC), called on them to remain committed to peaceful conduct, stressing the importance of implementation.

Ondo Election: Candidates Sign Peace Accord

“Your commitment to a peaceful election is vital,” Yakubu emphasized. He also noted that INEC had taken additional steps to resolve logistical issues, ensuring smooth movement of over 17,000 election officials and materials to the state’s 4,154 voting and collation centers. Special logistical arrangements, including boats for riverine areas like Ese Odo and Ilaje, and vehicles for other regions, were put in place.

Representing the Inspector General of Police, Deputy Inspector General of Police Sylvester Abiodun disclosed that over 34,000 officers, supported by additional security agencies, would be deployed to safeguard the election process in all 18 local government areas.

Ondo Election: Candidates Sign Peace Accord

The National Peace Committee Chairman also urged candidates to avoid violence and maintain sportsmanship, reinforcing peace as essential for credible leadership. On behalf of the candidates, Ondo State Governor and APC candidate Lucky Aiyedatiwa expressed commitment to the peace accord, calling for continued tranquility throughout the election period and beyond.

Scrap Dealers to Launch Nationwide Member Registration

0

In an effort to enhance accountability and address criminal activity within the scrap industry, the National Association of Scrap and Waste Dealers Employers of Nigeria (NASWDEN) and other key stakeholders have announced a new registration initiative for scrap dealers across Nigeria. This initiative was presented at NASWDEN’s Extraordinary Special Delegates Conference in Abuja.

NASWDEN President, Mr. John Obeh, highlighted that the registration drive is in response to criminal incidents involving unauthorized scrap collectors, which have damaged the industry’s reputation. The campaign, themed “Operation Say No to Vandals and Double Taxation on Our Highway,” aims to mitigate the rising cases of vandalism linked to rogue elements within the industry.

To further bolster integrity, NASWDEN is creating a national database with biometric records for easy identification of registered dealers. A new task force will also oversee inspections of scrap-bearing vehicles at designated checkpoints, ensuring materials like railway tracks, manholes, and other infrastructure are not transported illegally. Trucks found carrying restricted items will be handed over to security agencies.

Addressing another concern, Mr. Obeh condemned the activities of illegal ticketing agents who impose arbitrary charges on scrap-bearing trucks along highways, inflating costs and hindering the federal government’s ease of doing business efforts. He called on the Inspector-General of Police to intervene in addressing these issues, which he said disproportionately affect the scrap industry.

In addition, NASWDEN urged partnerships with the Ministry of Steel Development and the Manufacturers Association of Nigeria to create a sustainable supply of scrap materials for industrial use. Mr. Obeh also appealed to the Federal Government for logistical support, particularly in areas such as the Federal Capital Territory, to aid the task force’s operations.

Representing the Ministry of Mines and Steel Development, Dr. Chris Isokpunwu commended NASWDEN’s commitment to eliminating vandalism. He expressed optimism that this initiative would improve industry standards and safeguard the nation’s infrastructure.

The Inspector-General of Police, Kayode Egbetokun, and the National Security and Civil Defence Corps echoed their support, reinforcing the commitment to uphold security measures within the industry.

Bolt Driver Apologizes To Abia Lawmaker Alex Ikwechegh

0

Stephen Abuwatseya, an e-hailing driver, has publicly apologized to Alex Ikwechegh, a House of Representatives member representing Aba North/South in Abia State, following an altercation during a package delivery. In a video statement released on Thursday, Abuwatseya expressed remorse for any actions that may have provoked the lawmaker’s anger and called on Nigerians to move past the incident.

In his apology, Abuwatseya stated, “Good day, Nigerians. My name is Stephen Abuwatseya. I recently had a misunderstanding with Rt. Hon. Alex Mascot Ikwechegh. I want to apologize for any words or actions that may have led to the incident. Let us focus on unity, moving past divisions of religion, tribe, or region to build a stronger Nigeria.”

He continued by urging forgiveness and reconciliation, referencing the Lord’s Prayer, “Please, Nigerians, let’s forgive and move on. There is no justice without forgiveness. Thank you.” Abuwatseya also expressed gratitude to his family and supporters, saying, “I want to thank my family, friends, and everyone who stood by me. God bless Nigeria.”

The incident, which took place on October 28, saw Ikwechegh confront the driver during the delivery of a package at his Maitama, Abuja residence. The altercation, captured in a viral video, showed the lawmaker striking the driver after being asked to step outside to receive a delivery of snails.

In response, Ikwechegh issued a public apology on Instagram, acknowledging his behavior and expressing regret. He apologized to Abuwatseya, the Nigerian Police Force, and the National Assembly, stating that his actions did not align with the standards expected of a public official, even under provocation.

The lawmaker added that both he and Abuwatseya had reached a “mutual and respectful agreement” through alternative dispute resolution, bringing closure to the matter.

FG Launches Free C-Sections for Nigerian Women

0

In a significant move to combat maternal mortality in Nigeria, the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, has introduced free Cesarean Sections for Nigerian women who require them. This initiative, unveiled at the ongoing Nigeria Health Sector-Wide Joint Annual Review in Abuja, is part of the newly launched “Maternal Mortality Reduction Innovation Initiative” (MAMII).

The announcement was also shared on the official X (formerly Twitter) account of the Federal Ministry of Health and Social Welfare, emphasizing the government’s commitment to ensure that no woman loses her life due to an inability to afford a C-section. Prof. Pate highlighted that the program aims to ease the physical and financial strain on families across the nation by providing free cesarean procedures for eligible women, delivered through both public and private health facilities under the National Health Insurance Authority (NHIA).

Prof. Pate stated, “Maternal mortality rates remain alarmingly high, with 172 local government areas contributing to over 50% of deaths. Focusing resources on these high-risk areas will allow MAMII to address the most urgent needs.” The NHIA, in partnership with the National Primary Health Care Development Agency and State Health Insurance Agencies, will oversee the reimbursement process to ensure the program’s sustainability.

Additionally, the initiative aligns with the President’s broader health goals, which include recruiting 120,000 new health workers nationwide. These community health workers will play a crucial role in educating families on maternal health, promoting antenatal care, and ensuring mothers are aware of available resources.

The minister also acknowledged the support of international development partners, whose expertise and resources have been critical to the initiative’s launch and sustainability. He called on all stakeholders—including state governors, healthcare leaders, community members, and health workers—to support this mission.

The Maternal Mortality Reduction Innovation Initiative is a dedicated response to Nigeria’s maternal and newborn health crisis. Through improved access to primary and emergency care, enhanced community education, and the removal of financial barriers, Nigeria is working to build a healthcare system that is accessible, affordable, and inclusive. Prof. Pate concluded, “Together, we are shaping a future where no mother or child is denied the quality care they deserve.”

MIPAN Hosts 2025 Business Outlook Session

7

The 2025 Business Outlook Session, organized by the Media Independent Practitioners Association of Nigeria (MIPAN), brought together industry leaders, business professionals, and strategic thinkers to address one of the most pressing issues facing businesses in Nigeria today: the high cost of operations in a challenging economic environment.

The event, held under the theme “Navigating the Cost of Doing Business in Nigeria: Value Delivery in a Tough Economic Climate,” provided a platform for valuable insights and practical advice.

The session featured a compelling presentation by Dr. Vincent Nwani, who explored the realities and strategies for delivering value amidst rising costs and economic pressures.

In addition to the keynote presentation, the event culminated with an engaging panel discussion that included prominent figures from various sectors. Each panelist shared their unique perspectives on how companies can maintain profitability and deliver consistent value despite the mounting economic challenges. The panelists tackled issues ranging from operational efficiency and cost management to the role of technology and digital transformation in enhancing value delivery.

The event was sponsored by prominent media, LN247, and a presentation by the CEO, Anthony Ikeokwu, alongside other business partners including, JCDecaux, Grace Lake, QVT Media, City 105.1 FM, Media Guide NG, and 94.5 FM. Their support underscored the significance of collaborative efforts to provide the insights and tools needed by businesses navigating Nigeria’s economic landscape.

Through open discussions and shared experiences, the 2024 MIPAN Business Outlook Session proved to be an invaluable experience for participants, fostering ideas that will shape the future of business in Nigeria. The event emphasized that, despite the tough climate, businesses can survive and thrive through resilience, innovation, and a relentless focus on value.

Federal Ministry of Innovation Partners with GCNg to Propel Nigeria’s Knowledge-Driven Economy

48

The Federal Ministry of Innovation, Science, and Technology, under the leadership of Chief Uche Nnaji, has joined forces with the Grand Challenge Nigeria (GCNg) Project to foster a knowledge-based economy through local innovation. This partnership aligns with the government’s vision of creating a resilient, knowledge-driven economy by prioritizing innovative solutions to Nigeria’s unique challenges.

During the recent memorandum of understanding (MoU) signing in Abuja, Nnaji emphasized that the MoU is a strategic step toward promoting innovation to support the nation’s economic growth, human capital development, and social welfare. According to a statement by the ministry’s Public Relations Director, Atuora Obed, the national launch of the GCNg project, set for November 18, 2024, will mark a significant advancement in achieving President Bola Tinubu’s vision of leveraging science and technology to drive economic transformation, infrastructure enhancement, and improved quality of life.

At the event, Prof. Salisu Abubakar, head of the GCNg delegation, explained that the initiative is part of the Global Grand Challenge network, which is dedicated to advancing innovation for health and developmental progress in Nigeria. He noted that GCNg aims to equip Nigerian researchers, scientists, and practitioners to create impactful, locally tailored solutions for the country’s needs.

NAE Advocates for State Control Over Federal Unity Colleges

3

The Nigerian Academy of Education (NAE) has called on the Federal Government to transfer the management of the country’s 115 federal unity colleges to state authorities, suggesting that comprehensive guidelines be provided to ensure effective administration. This recommendation was made during the NAE’s 38th Annual Congress in Abuja, themed “Nigerian Education System: Past, Present, and Future.”

NAE President, Professor Kabiru Isyaku, critiqued the federal government’s involvement in primary and secondary education, describing it as a “global anomaly.” He urged President Bola Tinubu to declare a state of emergency in the education sector to address systemic issues, including the National Policy on Education, which has not been updated in over a decade. This, according to Isyaku, would allow for collaboration among experts to drive impactful policy reforms.

He further emphasized the importance of fair remuneration and timely salary payments for educational staff and highlighted the lack of coordination between federal and state authorities as a significant hindrance to progress.

In a keynote speech, Professor Nok Maicibi from Nasarawa State University, Keffi, raised concerns about corruption and resource mismanagement in the education sector, arguing that these issues are more damaging than underfunding. He also criticized the exam-focused teaching approach, which he said encourages unethical practices like grade manipulation through bribery.

In recognition of his contributions to Nigeria’s educational development, Sonny Echono, the Executive Secretary of the Tertiary Education Trust Fund (TETFund), was honored by the NAE.

Ekiti State Approves N1 Billion for Pensioners’ Gratuity

0

Ekiti State Governor, Biodun Oyebanji, has approved the release of one billion naira to pay gratuities to state pensioners, fulfilling a key commitment to support retirees.

Last month, Governor Oyebanji distributed N3.5 billion in gratuity cheques to retirees as part of his ongoing efforts to address outstanding payments.

In a statement on Thursday, Yinka Oyebode, Special Adviser on Media to the Governor, announced that Oyebanji also approved the payment of two months’ pension arrears for local government retirees.

Additionally, the governor has sanctioned the release of two months’ outstanding subvention for Ekiti State University in Ado Ekiti, alongside one month’s subvention for Ekiti State University Teaching Hospital, Bamidele Olumilua University of Education, Science, and Technology in Ikere Ekiti, the College of Health Science and Technology in Ijero Ekiti, and the Judiciary.

These payments underscore Governor Oyebanji’s commitment to prioritizing the welfare of both workers and retirees by settling entitlements from previous administrations. He has encouraged all state employees to stay focused on providing excellent service, reiterating his administration’s dedication to their wellbeing and the continuity and shared prosperity of Ekiti State.

Nigerian Consumers Protest as Discos Hike Meter Prices by 28%

0

Electricity distribution companies across Nigeria have raised the prices of various electricity meter models, marking the second increase in just four months. This latest hike has left many power consumers frustrated, describing the move as “unfair” given the current economic challenges nationwide.

According to the Discos, the price of a single-phase meter has surged from around N117,000 to as much as N149,800, representing a 28.03% rise, or an additional N32,800, depending on the specific distribution company and meter vendor.

These new rates, posted on the Discos’ official X handles on Wednesday, took effect on Tuesday, November 5, 2024. The increase aligns with the Nigerian Electricity Regulatory Commission’s (NERC) recent directive, which deregulated meter asset providers (MAPs), opening the door for competitive pricing.

This price hike follows a previous increase in August 2024, compounding concerns about the affordability of electricity meters for Nigerian households. Documentation shows that prices vary by distribution company and meter type (single-phase vs. three-phase), influenced by vendor pricing and market competition.

For instance, Eko Disco’s single-phase meters now range from N135,987.5 to N161,035, while a three-phase meter is priced between N226,600 and N266,600. Ibadan Disco’s single-phase meters cost between N130,998 and N142,548, with three-phase meters priced from N226,556.25 to N232,008. Prices are similarly tiered across other Discos, including Abuja, Kano, and Kaduna.

In April 2024, NERC initiated a shift by announcing the deregulation of meter prices under the MAP scheme. This policy was intended to improve the supply and transparency of meter pricing, allowing prices to be set through competitive bidding instead of a centralized model.

The deregulation is anticipated to drive increased competition among meter providers, enhancing cost-efficiency and service quality for consumers. MAPs are now permitted to operate across all Nigerian Discos, provided they meet specific regulatory standards for compliance and quality.

Previously, NERC-regulated meter prices often included subsidies to make them more affordable. However, this approach limited competition and transparency, making it harder for Discos and customers to secure favorable rates. The new deregulated structure aims to foster a more competitive market, improving pricing, service quality, and accountability among meter vendors.

Consumers can apply for meters through their Disco’s online portal, but the actual sale and pricing are managed by the MAPs, such as Mojec Asset Management, Wellsun Intelligent Technology, and Turbo Energy Ltd, among others. Earlier, MAPs had protested that NERC’s previously set prices were below their production costs, which led to a temporary shutdown of some Disco meter application portals.

In response to these challenges, Fola Akinola, CEO of Fermadec Group, indicated that meter vendors and Discos had been negotiating new rates that better reflect Nigeria’s fluctuating exchange rates. Akinola emphasized that the NERC should cease setting fixed prices for prepaid meters due to the unstable exchange rate.

After negotiations, NERC approved new prices in May 2024, with Discos committing to meter installations within 10 working days for customers. However, reports suggest some vendors have struggled to meet this timeframe, sparking further concerns over adherence to service standards. Additionally, meter prices are expected to undergo monthly review based on competitive bidding among MAPs, ensuring prices remain in line with economic realities.

Tax Bills Pose No Threat To Revenue-Collecting Agencies – FIRS

0

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has dismissed fears that the four tax reform bills currently being reviewed by the National Assembly pose any threat to the roles or existence of government revenue-collecting agencies. In a statement released by FIRS on Wednesday, Adedeji clarified that the proposed legislation aims to enhance the nation’s fiscal structure and operational effectiveness, not to displace other federal agencies.

During a meeting at the Revenue House in Abuja with heads of the National Agency for Science and Engineering Infrastructure, the National Information Technology Development Agency, and the Tertiary Education Trust Fund, Adedeji described the concerns surrounding the reforms as misplaced. He specifically addressed the proposal to rename the FIRS to the Nigeria Revenue Service, assuring that this adjustment would not result in the consolidation or takeover of any other agency.

“I want to assure you that nothing in these bills will affect your funding, effectiveness, or efficiency. The provisions in the bills are designed to establish a solid foundation for your continued sustainability,” he stated. Adedeji explained that the government’s primary aim with these reforms is to enhance tax efficiency, streamline compliance, and reposition the fiscal framework to ensure funding stability for all agencies.

He further clarified that the bills would enable agencies to focus on their core responsibilities rather than handling revenue collection tasks, allowing each agency to operate within its specialized mandate. Addressing concerns over potential reductions in agency roles, he noted that the reforms align with President Bola Tinubu’s vision of harmonizing Nigeria’s tax laws to foster economic growth and make the country a more competitive investment destination.

“The President’s approach is to unify the various tax laws spread across different statutes. This reform is about updating our tax framework to reflect current realities and stimulate economic activity,” Adedeji emphasized. He also expressed optimism that these efforts would position Nigeria more attractively to international businesses.

The statement concluded with the agency heads underscoring their mandates and contributions to Nigeria’s national development agenda during the meeting.