" ITREALMS: 2019-09-29

Saturday, October 05, 2019

Inconsistency in sustaining national policies worries Bishop Kukah - ITREALMS

Catholic Bishop of Sokoto Diocese, Dr. Matthew Hassan Kukah, has expressed worries over the inconsistency by successive administrations on the systematic destruction of national policies, reports ITREALMS.

Kukah who was keynote speaker at the third annual conference of the Guild of Corporate Online Publishers (GOCOP) in Lagos on Friday, asserted that the systematic destruction of policies by Nigerian leaders was responsible for insecurity in the country, as every government continues to tell evil of the previous.

Dwelling on the theme 'Economy, Security and National Development: The Way Forward', Bishop Kukah maintained that "it is bad governance that is causing insecurity, not the other way round."

"From the presidency to councils, there is a general belief that things are not working in the country. Of course, efforts are being made to address insecurity but things are not working. When things are not working, the economy will not develop.

"We have a situation in which so much opportunity is seen beside so much poverty. That is a tragedy.

"We are pretty clear about our situation. Our situation is not about APC or PDP. It is about the collective interest of Nigeria.

"Since 1982 when I met former President Shehu Shagari, I have met every leader except General Sani Abacha for reasons best known to me. There is no Nigerian leader that Nigerians do not hate. That says something about our system".

He also accused the military of truncating democracy by not returning to barracks after the civil war ended in 1970.

"If the military had returned to the barracks in 1970 after the civil war, things would have been better. The decision by the military to stay after the civil war decapitated the Nigerian political class.

"The military left in 1979, came back in 1983 and eventually left in 1999. By the time it left in 1999, all the patriotic politicians had grown old. That is why we have some young people who do not have second address in politics today".

To boost the economy, he advised members of the National Assembly should give up half of their salaries running into millions of naira.

For him, if that is done, thousands of Nigerians would be employed at N92,000 per month.

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Pix: Bishop Hassan Kuka of Sokoto Catholic diocese with SA Media and Publicity to PMB Femi Adesina and chairman of the day Mr Bola Onanuga

Friday, October 04, 2019

Tricycles & Motorcycles: 1,750 arrested over non-compliance to plates, class ‘A’ licensing - ITREALMS

The Federal Road Safety Corps (FRSC) and the Joint Tax Board (JTB) have clamped-down on tricycles and motorcycles without number plates and riders without class 'A' license effective 2 October, 2019, reports ITREALMS.

The Corps Public Education Officer, Corps Commander, Bisi Kazeem, disclosed this to 
ITREALMS, saying that FRSC had Wednesday commenced full enforcement, recording massive arrest of over 1,750 violators, for non-compliance nationwide.

The special clampdown intervention patrol, he said, recorded massive arrests of offenders in 18 locations namely Kaduna, Nasarawa, Katsina, Kebbi, Delta, Benue, Oyo, Niger, Kwara, Adamawa, Kogi, Zamfara, Anambra, Sokoto, Osun, Rivers , Kano and Ondo States.

He gave the break down, saying that "The highest number of arrests was recorded in Kaduna state with a total of 430 arrests. Nasarawa State followed with a total of 219 arrests comprising of 15 tricycles and 204 motorcycles.

Also read: FRSC says ‘We’ve mandate to train drivers ‘ 



In Benue state alone, a total of 147 arrests were made, comprising of 140 motorcycles and 7 tricycles. Other are; Ondo 61, Anambra 41, Kebbi 51, Katsina 110, Delta 92, Zamfara 76, Oyo 178, Kogi 16, Mubi 10, Rivers 11, Kano 132, Niger 28, Osun 66 and Sokoto 10.

According to him, this was achieved in friendly collaboration with the Nigeria Police Force, Nigeria Security and Civil Defense Corpse and other law enforcement agencies.


ITREALMS recalls that the Corps Marshal, Dr Boboye Oyeyemi , following the series of consultations with the JTB, agreed to shift the commencement of enforcement from the earlier date of 1 August, 2019 to allow for more sensitisation and awareness, and further consultations with critical stakeholders on the imperatives of the clampdown.

Speaking on the operation, the Corps Marshal said, "This shift of date was agreed upon to give riders adequate time to comply with the laws and acquire both the class A license and the number plates. We expected that by now, due to the adequate publicity we gave the commencement of enforcement and the consultations that followed, all affected riders would have complied to this demand of the law"

"The essence of this operation is to enhance the security of lives and properties of road users. There have been series of reports of pervasive use of these categories of vehicles to perpetuate all manners of crime and we are saying enough is enough. All Tricycles and motorcycles must have an identity so that they can be easily traced."

Oyeyemi therefore called on all motorists who operate within these categories to endeavour to procure their licenses and also have their tricycles and motorcycles duly registered to avoid arrest.


Remmy Nweke/DoP
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Dickson advises Nigerians on democratic expediency of vibrant media, calls for caution – ITREALMS

The Governor òf Bayelsa State, Honourable Henry Seriake Dickson, has advised Nigerians to be restraint as they navigate with the social media world, declaring that democracy in Nigeria cannot grow without a vibrant media, reports ITREALMS.

Delivering his address as the Chief Guest of Honour at the Third Annual Conference òf the Guild òf Corporate Online Publishers with the theme ‘Economy, Security, and National Development: The Way Forward’ in Lagos on Friday, he urged those in governance to tolerate contrary views and supposedly offensive reportage of events by a session of media in the interest of the society and growth of democracy in the country.

The Chief Press Secretary to the Governor, Mr. Fidelis Soriwei quoted the Governor as saying that while it was important to exhibit caution, professionalism and respect for national security, it was most crucial that the rights of Nigerians to freedom of expression and other liberties were respected.

He called for concerted commitment of media practitioners and the government to pay the requisite price of tolerance, endurance, professionalism and other ideals for the entrenchment of the democratic culture in the country.

The failure to expand the frontiers of the freedom of expression and the inability to tolerate contrary views and opinions would amount to dictatorship.

“You cannot have a democracy without a vibrant media. Those who are privileged to be in government would find it tough and indeed very tough because most times, the media bites real hard. However, as irritating as it might appear to be, especially in the face of rumour, and misquotations, in some cases, the media is nevertheless indispensable to the sustenance, development and deepening of culture of democracy.

“For those in charge of governance, you need a thick skin. You have to tolerate the media with contrary views because you cannot have a democracy without a vibrant media. There is need for caution, professionalism, the highest value of national security, but above all of these is the need for the respect for individual freedoms, especially the freedom of expression,” he declared.

Dickson also called on the media to support fundamental constitutional reforms that would guarantee inclusiveness and create a stable country, stressing that the media is the only profession saddled with the onerous constitutional responsibility to hold government accountable to its action.

The media, he submitted, was singled out for this sensitive role because of the consciousness of the framers of the constitution about its importance to the development and protection of democracy in the society.

He equally commended members of GOCOP for putting this event together in efforts at finding the way forward for Nigeria’s economy, security, and national development.

Remmy Nweke/DoP

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Oladipo, Chigbo, Edomoruse, others re-elected as GOCOP exco - ITREALMS

ITREALMS: 
The Publisher of The Eagle Online, Mr. Mr Dotun Oladipo, has been re-elected as the President, Guild of Corporate Online Publishers (GOCOP) alongside his executive committee for another two years, reports ITREALMS.

He was returned unopposed at the Guild's annual general meeting on Thursday in Lagos through affirmation alongside other members of the executive committee elected in 2017.

Sequel to an unanimous view that the Oladipo-led executive committee performed creditably well, Horatius Egua, Publisher of The BridgeNews moved a motion to return the exco members unopposed and was seconded by Yinka Aderibigbe, Publisher of Sunrise.ng

Other officers re-elected are Maureen Chigbo, Publisher of Real News Magazine (Deputy President); Danlami Nmodu, Publisher of Newsdiaryonline (General Secretary); Collins Edomoruse, Publisher of Metrowatch Online (Deputy General Secretary); Olumide Iyanda, Publisher of QED (Publicity Secretary); Segun Adeleye, Publisher of World Stage Online (Financial Secretary) and Janet Mba Afolabi, Publisher of Scroll Magazine as Treasurer.

The election of the new executive committee for another two-year term (2019 - 2021) was superintended by Ken Ugbechie, Publisher of The Economist and assisted by Akeem Oyetunji, Publisher of Prompt News Online.

The new executive will be sworn in on Friday, October 4, during the Third Annual Conference of GOCOP, holding at Sheraton Hotel, Ikeja, Lagos.


PHOTO: Some of the re-elected GOCOP Exco

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Partnership: Marketing/Communications Managers, GOCOP to promote credible online journalism - ITREALMS


In line with the activities lined up for the third annual conference holding on Friday, October 4, the Guild of Corporate Online Publishers (GOCOP) organised a pre-conference lunch and interactive session with leading lights in the marketing and communications sectors, reports ITREALMS.

Speaking at the event, the President of the Public Relations Consultants Association of Nigeria (PRCAN), Mr. Israel Jaiye Opayemi, while thanking GOCOP for hosting the robust interactive session, called on the association to distinguish itself from charlatans and quacks operating as journalists in the online space.

According to Opayemi, who is also the MD/Chief Strategist, Chain Reactions Nigeria, GOCOP must create a clear identity to be able to lead and set the pace.

“You must distinguish yourselves as experienced and seasoned journalists. And to be able to do this effectively, you must create a clear identity to enable you lead in your profession. This identity will help separate you from the many charlatans and blackmailers parading the online space as journalists,” he said.

Elated Opayemi, said he was impressed with the quality of seasoned journalists who are members of GOCOP, and called on the association to help fight misinformation news, which he described as a deadly scourge that must be contained by real and professional journalists.

Also speaking at the event, held on Thursday, October 3 at Sheraton Hotels, Ikeja, the Head, PR/Media Relations at Access Bank, Mr. Abdul Imoyo, commended GOCOP for changing the face of journalism online.

An excited Imoyo urged GOCOP to keep setting standards in online journalism, stressing that the association had been formidable since inception and doing great online.

“Access Bank is proud of GOCOP and will continue to support you in our own little way because we are impressed with what you are doing,” he said.

In his remarks, the Chairman of the Lagos State chapter of the Nigerian Institute of Public Relations, Mr. Olusegun McMedal, pledged the association’s support to GOCOP.

“We will work with GOCOP because you need this kind of partnerships to stimulate growth. I also agree with my colleagues that you need a strong and clear identity as an association that is destined for greatness,” he said.

Mr. Austen Osokpor, the Head of Media Relations Unit of EcoBank, called on GOCOP to help stop the activities of blackmailers masquerading as journalists online.

“We have too many quacks online; GOCOP should help us in kicking out these blackmailers, who are constantly giving a very bad image to online journalism. Our bank is willing to work with you in ridding the online space of these bad eggs,” he said.

Earlier in his welcome address, GOCOP President, Dotun Oladipo, thanked all the invited guests for gracing the event, promising that the association looks forward to working with willing partners in the fields of marketing and communications for the good of the profession.

The Vice President of the association, Maureen Chigbo, coordinated the business lunch.









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Anambra State Polytechnic Shutdown: Group demands immediate reopening - ITREALMS

ITREALMS:
The Anambra Patriots has condemned the closing of the State Polytechnic indefinitely by the APGA led government after students of the institution protested against non accreditation of courses and failure to mobilize graduated students for the mandatory NYSC .

A press release through the group's Media Centre in Awka, the group decried a situation where the Governor's children enjoy world class education in choice universities abroad while he is insensitive to an institution that grooms children of the commoners and tax payers in the society .

The statement further described as unfortunate the failure of the governor in addressing issues raised by the students during their peaceful protest match to Government House rather the obviously failed Agu Awka administration which has lost touch with the masses decided to deepen the concerns of the students and parents with the clampdown.
It is our position that rather than closing this institution it should re - structured as a technology incubator for our state and Country at a time the society is faced with unemployment and under employment related crisis. 
The anti people action shows clearly that the APGA led government in the state is yet to understand the way to go in line with global best practices and accreditation benchmark which well meaning state owned government institutions have long ago keyed into.

The Patriots wishes to pass a vote of no confidence on the APGA led government in the state and condemn the shutting down of the institution in its entirety as against solving issues advanced by the aggrieved students and their parents.
The patriots questions the essence of having a higher institution that cannot graduate students due to non accreditation of courses and subjecting the students and their parents to investing huge resources into an institution whose courses are not accredited.
The group describes as unfortunate that while Governor Obiano who practically moved the entire State Government to United States (USA), to celebrate his daughter's graduation from one of the best rated Universities is here sabotaging an institution attended by children of poor taxpayers .
Anambra Patriots is by this medium calling on the state House of Assembly as representatives of the people, to intervene in this matter of public interest, equity and social justice.
It is worrisome that the governor and the government have enmeshed themselves in frivolous activities at the expense of people oriented governance which is the primary purpose for their election.
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Thursday, October 03, 2019

3rd GOCOP conference: Arrival of Kukah sets Lagos agog - ITREALMS

ITREALMS:
The Bishop of Sokoto Catholic Diocese, Most Rev Dr. Matthew Kukah, Thursday arrived in Lagos State for the third annual conference of the Guild of Corporate Online Publishers (GOCOP), reports ITREALMS.

His arrival was confirmed in a statement released by GOCOP Publicity Secretary, Olumide Iyanda on Thursday evening, as Bishop Kukah, would deliver the keynote speech at the conference, with the theme “Economy, Security and National Development: The Way Forward”.

The event holding at of the conference holding at Sheraton Hotel, Ikeja on Friday, October 4, he confirmed would also have Chief Guest of Honour, as Governor Seriake Dickson of Bayelsa State.

Former Director-General of the West African Institute for Financial and Economic Management (WAIFEM), Professor Akpan Ekpo, and a former Director with the Department of State Services (DSS), Mr. Mike Ejiofor, shall be the discussants.

Chairman of the occasion is Managing Director of The News Group, Mr Bayo Onanuga.

Special Adviser to the President on Media and Publicity, Mr Femi Adesina, will represent the Presidency.

All guest are expected to be seated by 9:30am.

ITREALMS is an affiliate of GOCOP and wishes members and participants a successful outing.

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Xenophobic attacks: Oyo to empower returnees - ITREALMS

ITREALMS:
The Oyo State Government said it was ready to empower its indigenes who are returning from South Africa as a result of xenophobic attacks.

The state’s deputy Governor, Engineer Rauf Olaniyan, who made the declaration on behalf of Governor Seyi Makinde, Wednesday, while receiving 30 indigenes of the state who were victims of xenophobic attacks in South Africa, said that the State would not just give them fish, but teach them how to fish.

A statement by the Chief Press Secretary to Governor Seyi Makinde, Mr. Taiwo Adisa, indicated that the government of Oyo State had expressed its readiness re-orientate and re-integrate the returnees into the society as well as empower them based on their needs.

The statement read: “I want to assure you on behalf of the Governor of Oyo State, Engr. Seyi Makinde, that you have no reason whatsoever to go back to South Africa or anywhere again.

“We are going to provide for you; we are here for you. The people that you left behind voted for us in your absence and we will tell them that they did not make a mistake.

“We are not going to give you money but we will provide for your needs based on your requests when we get your needs assessment through adequate profiling so as to cater for your needs.

“I welcome you back. You may not like this, I am happy to see you here. It is not that I like what happened to you. One of you said he left with nothing, but I tell you that is not correct. As far as you are alive there is hope and Oyo State is the hope you need because there is a new dawn in Oyo state.

“Because the state is going to create a lot of opportunities in the area of Agribusiness, you have a lot to do. For some of you who are interested in government work, thank God the state has not recruited yet, when the time comes and you have the prerequisite qualifications, you will be considered.”

The state government also enjoined the returnees not to go into crime or lose hope, as the Deputy Governor urged the returnees not to seek a return to any country for the proverbial greener pastures, adding that life would be better for them in the state.

He further said: “I want to urge you all to inform other Nigerians who are still residing in Saudi Arabia and other foreign lands to return home, because there is plan in place to revolutionise agriculture to create economic opportunities for residents and there will be better plans in abundance for the returnees in Oyo State.”
The state government proceeded to make cash provisions of N30,000 each available to the returnees as transport fare to their various destinations within the State, pending the assessments of their needs and further actions from the government.

Speaking on behalf of returnees, Mr. Lawal Bolatito, appreciated the efforts of the Oyo State Government and further appealed for empowerment and job opportunities for them.

Ayo Midele/Editor

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Pix: Gov. Makinde

FirstBank partners Junior Achievers to host national student entrepreneurship contest - ITREALMS

ITREALMS:
The Junior Achievement Nigeria’s (JAN) annual flagship event, National Company of the Year Competition (NCOY) will be taking place Thursday, 3rd October 2019, reports ITREALMS.

With the theme “Activating Disruptors”, this annual event brings the JA Company Program winners of our Regional Competitions together to compete for the National Company of the Year Award is sponsored by First Bank of Nigeria Limited.

The winners will represent Nigeria against fellow JA Africa companies for the title of 2019 JA Africa Company of the Year set to hold in Ghana.

At NCOY, JA student companies present the results of their enterprise before a panel of independent judges. Participants must present the business achievements as a whole and each team member’s contribution. 

For a team to win this award, it is not sufficient just to run a financially successful JA company or create an exciting product/service. They must also demonstrate an understanding of why the company performed as it did. 

Judges also look for evidence of innovation in all aspects of a company’s operations. Students also present an Annual Report and host a Trade booth display.

The competition will be judged by Awuneba Ajumogobia, Non-Executive Director, UACN Property Development Company; Eloho Gihan-Mbelu, CEO, Endeavor Nigeria; Kehinde Olateru, CEO, Crenet TechLabs; Ibukun Akinola, Co-founder, Piggyvest.

According to JAN’s Executive Director, Mrs. Simi Nwogugu; “The National Company of the Year Competition 2019 is an opportunity for us to showcase the depth of potential that lies within these young minds and Junior Achievement Nigeria’s role in grooming the next generation of leading entrepreneurs. We thank First Bank of Nigeria Limited for sponsoring the NCOY competition for three consecutive years, a partnership we are pleased to reckon with, whilst contributing to the continued growth and development of the country. This is a call-to-action for corporate stakeholders, teachers, youths, entrepreneurs and all who support the cause of empowering youths to becoming not just leaders, but conscientious leaders leading a vibrant economy.”

Expressing her delight on FirstBank’s support and participation in the activities of Junior Achievement Nigeria, especially its National Company of the Year (NCOY), the Group Head, First Bank of Nigeria Limited, Folake Ani- Mumuney said” We are pleased to identify with JA Nigeria, especially on its giant strides at encouraging entrepreneurship amongst secondary school students in the country. With innovation and invention being essential at promoting opportunities for growth and development in the fast-changing world, the NCOY remains a platform to strengthen the intellectual development of young people in the society”.

Ayo Midele/Editor

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3rd confab: AbdulRazaq congratulates GOCOP - ITREALMS

ITREALMS: 
Governor AbdulRahman AbdulRazaq of Kwara State has congratulated the Guild of Corporate Online Publishers (GOCOP) on the occasion of its third annual conference holding on October 4, 2019 at Sheraton Hotel, Ikeja, Lagos.

This is contained in a goodwill message sent to the association by his Chief Press Secretary, Rafiu Ajakaye, on Wednesday.

Governor AbdulRazaq statement reads: “On behalf of the Government and people of Kwara State, I congratulate the Guild of Corporate Online Publishers (GOCOP) on the third annual conference of the organisation with the theme “Economy, Security and National Development.”

“My government is proud to associate with this organisation for reasons that include your member-groups’ oft-stated commitment to the ethics of journalism and deliberate effort to ensure that national security and peace are major considerations in your work.

“This stands you out from the crowd of anything-goes online media at a time our country is faced with enormous challenges arising from the misuse and abuse of the freedom that comes with the internet/social media. Of particular concern is the menace of fake news, impersonation, and distortion of government’s communication.

“In less than a week ago, our administration has had a taste of the evil of fake news, with some mischief makers putting out statements purportedly emanating from the government with the agenda of misleading the public, causing tension in the state, and exposing the government to public ridicule.

“While the majority of Kwarans have come to know how to spot such fake news, especially because we have always been truthful to them, the development remains a threat to public peace and national development.

“It is against this background that I urge GOCOP and other professional online publishers to join whatever efforts designed to checkmate a trend that is itself a threat to ethical journalism which the likes of COGOP, Nigerian Union of Journalists (NUJ), Nigerian Guild of Editors (NGE) and other professional bodies stand for.”

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Wednesday, October 02, 2019

MoDiTECH'19 to focus on power of digital services - ITREALMS

ITREALMS:

Nowadays, it’s just hard to predict exactly the next disruptions in the technology ecosystem and trends that will transform human lives more so as these powerful disruptions are dismantling the entire industries and creating new frontiers.

Disruptive Technologies such as Mobile Internet, Automation of Knowledge and Work, Internet of Things (IoT), Cloud Technology, Advanced Robotics, Autonomous and Near-Autonomous Vehicles, Next-Generation Genomics, Energy Storage, 3D Printing, Advanced Materials, Advanced Oil and Gas Exploration and Recovery, Renewables and are improving the quality of life for people and redefining business models such as Agritech, e-Billing, e-Commerce, e-Governance, e-Payments, transportation, smart city, etc.

Therefore, the maiden edition of Mobile and Disruptive Technology Forum 2019 (ModiTECH’19: www.Next.TechEconomy.ng), being organised by TechEconomy.ng in collaboration with Nigeria CommunicationsWeek, is a platform for inter-sectorial review of economic impacts of these technologies; giving particular attention to the disruptive potentials of emerging technologies such as the Artificial Intelligence, Machine Learning, Data Analytics, Robotics, FinTechs and mobile phone economy around retail and service provision.

MoDiTECH’ which holds on October 24, 2019 at Victoria Crown Plaza Hotel (VCP), 292B, Ajose Adeogun Street, Victoria Island, Lagos, has as the theme: “The Power of Digital Services”.

The Minister of Communications, Dr. Isa Ibrahim Pantami is the special guest of honour.

Other special invitees expected at the Forum are the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta; the Director General of the National Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi; the Managing Director of Rack Centre, Dr. Tunde Coker; the President, African ICT Foundation (AfICTF), Mr Tony Ojobo; the Chairman, Connect Technologies & Africa Chair for IEEE, Chris Uwaje (Oracle), while the Founder, CWG Plc; Entrepreneur in Residence, Ausso Leadership Academy, Austin Okere is scheduled to present the keynote address.

Other speakers include, the Co-Founder/COO, Digital Encode, Dr. Obadare Peter Adewale; President, African ICT Foundation, Mr. Tony Ojobo; Co-founder/CTO, Digital Encode, Dr. Oluseyi Akindeinde; the Chief Operating Officer, FinTech Association of Nigeria (FinTechngr), Dr. Babatunde Obrima; the Founder Rise Labs; Nigeria’s First AI powered Learning, Research & Work Readiness Centre, Toyosi Akerele-Ogunsiji; the Chief Technology Strategist, Debbie Mishael Consulting & Board Member Global Advisory Council, EC-Council, Engr. Frank Ogochukwu; the Managing Director of Global Accelerex Limited, Tunde Ogungbade, amongst others.

The Forum sponsored by Digital Encode, Global Accelerex, Medallion Communications and hosts of others has been endorsed by, ATCON, InnovationBed Africa and ALTON, FinTechNgr and AfICT.

It will feature C-Level executives including CEOs/CFOs/CROs/CCO/CIO; Directors and Heads of trading, operations, research, analytics, investment, strategy, digital, compliance, risk and data analysts; and senior regulators and policymakers; drawn from the FMCGs, Financial Industry including Fintechs, Banks, Insurance Companies, etc., AgriTech, Logistics, Cyber security companies, amongst others.
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Speaking on the choice of the theme, the Editor, TechEconomy.ng, Mr. Peter Oluka, said that paradigm shifts obvious panned the world to the inherent advantage facilitated by disruptions in communication (Telecoms), access to this technology is increasing income and Return on Investments (B2C & B2B), improving access to Services such as smart metering, Health (eHealth) and Transportation (Mobility), making Financial Services more convenient (FinTech/Banking), and increasing the GDP (Tax/Revenue) of entire country.

The FinTechs for instance, he said, are simplifying the user journey by leveraging technology and giving millions more people access to financial facilities.

“So what’s the next big thing? Where will the jobs be, and how can companies carve out a competitive advantage in the compelling global economy? 5G is coming. The NCC for instance, has issued spectrum for research on 5G; so that should be the thinking of player in different sectors?

He said that the event promises to make a difference as ground-breaking solutions shall be unveiled along many dimensions of the Forum.

On his part, the Deputy Editor, Nigeria CommunicationsWeek, Mr. Chike Onwuegbuchi, said that MoDiTECH is credible platform to showcase disruptive technologies that even the government can leverage to address societal issues and improve on the economic indexes.

He reiterated thus, “For instance, the volume of data in the world is growing by 60% every year and for financial services in particular, the effective handling of data will be central to future business strategy especially with the unleashing of 5G technologies”.

“So, Mobile and Disruptive Technology Forum (ModiTECH’19), in this maiden edition, aims at pushing for “The Power of Digital Services” by disrupting existing technologies for the advancement of the economy at large”.

He added that the Forum has already attracted attention of senior executives and technology innovators/disruptors from across within and outside the country.

He encouraged interested parties to register via next.techeconomy.ng or contact the organisers via email: Next@TechEconomy.ng for sponsorship and exhibition space reservation.

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AASDU president commends Awba-Ofemili on N100m Civic Centre Fund project - ITREALMS

The President-General of the Association of Anambra State Development Unions (AASDU Lagos), Chief Barr. Vincent Osakwe, has commended the leadership and people of Awba-Ofemili Development Union (ADU Lagos) on the N100m civic centre fund raising, reports ITREALMS.

Osakwe gave this thumb up in his remarks at the maiden award and civic centre fundraising held Saturday at the Welcome Centre Hotels, International Airport Road, Lagos, hosted by the ADU Lagos led by its chairman, Mr. Remmy Nweke, who also is the lead representative alongside Chief Benard Chidebe to AASDU Lagos.

He said the project is a mark of quality leadership, which is expected of every AASDU representatives.

Osakwe who was represented by a delegation led by AASDU Secretary, Barr. Ubaka Nwonwu included Chief Mezie Okwuosa, Forwarder Stanley Ezenga, Mr. Sunday Nnazor and Barr. Victor Nwakasi, also enjoined ADU Lagos members to support the current leadership of their town because they mean well from what he saw, especially on the idea of N100m civic centre so that it will come to fruition.

Equally speaking, Chief Okwuosa and Forwarder Ezenga, respectively, applauded ADU Lagos leadership, asserting that they were not disappointed with the vision and urged all and sundry to ensure they contribute their quota in realization of the N100m civic centre in Lagos, so that they support their home town adequately.

AASDU President, Chief Osakwe was later honoured by the chairman, ADU Lagos, Mr. Remmy Nweke, as friend of the town, for his leadership support and provision of the enabling environment for Awba-Ofemili community in Lagos to optimize available portentials so far and called for more cooperation between towns and AASDU.

Earlier, Mr. Nweke in his welcome address, noted that the N100m multi-purpose civic centre is important and strategic, as “it marks the beginning of a journey to a stronger socio economic base for our dear Union in Lagos” just as he beckoned on essence of building institutions than individuals for the town to thrive.

ADU Lagos, he said, conceived the idea of a multipurpose civic center, to serve as a focal point for the community gathering with facilities for indoor sporting events, theaters, concerts and shopping centre.

“Specifically, the ADU Lagos Civic Centre building is estimated to cost about N100m for completion; which outside acting as ADU Lagos meeting point, will be an income generating venture through offer of services to the public by renting out its halls for events when completed.

“ADU members wishing to use the hall will benefit from a special discount package,” he assured, and urged guests for support to achieve this goal, “please donate generously and you’ll be richly blessed. God loves a cheerful giver.”

Even as a given percentage of the fund raised will be set aside for women empowerment, especially for widows in the town and specifically those who may have links with ADU Lagos.

He also noted that Awba-Ofemili indigenes have been in Lagos for over 40 years and deserved to have a meeting point of their own, saying again that what the town needs urgently is not necessarily strong men or women, but strong institutions in Awba-Ofemili to prosper.

Over 30 indigenes of Awba-Ofemili both home and abroad in addition to some of their friends were honoured at the occasion including the chairman, Fidwax Group, Chief Fidelis Nweke, who was the chief launcher as well as the Transition Chairman, Awka-North Local Government Area, Hon. Ferdinard Onwuje; Chief Dr. Nnamdi Okafor, CEO, Edinho Limited; and Mr. Benard Nebeani, to name but a few.

Also, over 86 indigenes received their certificates of membership by the leadership of ADU Lagos.

Nenye Dom/Editor

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PIX From left: Member of delegation of the Association of Anambra State Development Unions (AASDU Lagos) Chief Mezie Okwuosa; Chairman, Awba-Ofemili Development Union (ADU) Lagos, Mr. Remmy Nweke; another AASDU delegate, Forwarder Stanley Ezenga; Secretary-General AASDU and leader of the delegation, Barr. Ubaka Nwonwu, who represented President-General, AASDU, Chief Barr Vincent Osakwe and 2nd ADU Lagos representative to AASDU, Chief Benard Chidebe and Chief Innocent Otika, at the 2019 ADU Lagos Award and Civic Center Fund Raising at Welcome Centre Hotels, Lagos, recently.

Tuesday, October 01, 2019

‘Power couple’ to champion Code Breakers, Code Makers’ future - ITREALMS

ITREALMS:
The duo of Hon. Louis-James Davis and Nicole Davis, the tech power couple and entrepreneurs behind UK based cyber tech security company VST Enterprises Ltd (VSTE) are to champion a campaign to find the next generation of computer coders, programmers and code breakers, reports ITREALMS. 

The Manchester based power couple are to become ambassadors for CODE NATION, the digital training business set up by ex PwC/ KPMG Partner David Muir and Andy Lord, former founder and CEO of talent firm The Rethink Group Ltd.

As two leading lights in the Manchester Cyber Tech eco system, both Code Nation and VST Enterprises Ltd are flying the British flag for cyber tech and innovation as Manchester is rapidly becoming the UK centre of excellence for computing coding and programming.

Manchester is now leading the way as Europe’s leading tech hub. Last year the Manchester digital tech industry turned over £4.9 Billion to the UK economy. Manchester now has the largest number of digital workers in the UK outside of London. The Government’s signals intelligence agency GCHQ has also located in the region tapping into the rich vein of cyber tech talent.

As Code Nation ambassadors, both Louis-James and Nicole Davis will drive a campaign to encourage young adults and mature students into computer coding and cyber technology as a career, particularly encouraging those from disadvantaged backgrounds who would otherwise not have the traditional pathway through a University degree. As a “tech power couple” they are keen to debunk the myths and “geek” stigma, making cyber technology an attractive career path.

Louis-James will focus on encouraging a broad spectrum of male and female students from 17-57 into cyber tech, while Nicole will focus on spearheading a campaign to encourage young female adults into computer coding and breaking the male only “stigma” in science technology, engineering and maths (STEM).

Both Louis-James and Nicole will actively look to encourage and promote software development and cyber tech through their ambassadorial roles with mentoring sessions, inspirational public speaking, networking events and coding masterclasses.

Commenting on the new appointment; VSTE CEO and Code Nation ambassador Louis-James Davis said;

“Nicole and I are thrilled and delighted to be working with Code Nation to help raise the profile and awareness of the amazing work being done in Manchester, Chester and Cambridge. Code Nation is flying the tech flag and showcasing the world class coding and programming talent we have in Manchester. We were very impressed with the brilliant work that David and Andy are doing here at Code Nation ,which is vitally important to bridging the UK skills gap and developing the very best British tech talent of the future.

The workplace environment has changed rapidly and Britain is fast becoming a world class leader in cyber technology. Therefore it is vital to have a coding school of excellence such as Code Nation that gives the opportunity for those wanting a career in cyber and tech.”

VSTE Director & Co Owner and Code Nation ambassador Nicole Davis said;

“We are delighted to be joining Code Nation as ambassadors to help raise awareness of the fantastic work that is being done at the school by Andy and David who are both passionate about creating employable talent. It is vitally important that women in tech are represented at the highest level to raise awareness and encourage young adult females into a career in tech.

With only 15 per cent of employees working in STEM roles in the UK being female, we need to address the gender imbalance which is one of the biggest issues facing the tech sector at the moment. Only one in five jobs in the digital and tech sector are occupied by females which clearly demonstrates the need to address the imbalance. We want to encourage young female adults and mature students to consider a career in coding and programming and to have parity with their male counterparts. As an ambassador, my role is to positively encourage and attract the female tech talent of tomorrow.”

Code Nation was formed in 2017 by former PwC/KPMG partner David Muir and Andy Lord, former founder and CEO of talent firm The Rethink Group Ltd. The digital campus was set up to provide courses in coding, cyber security, data & analytics and iOS development. The school, which boasts campuses across the North West in Manchester and Chester and in the South in Cambridge, was set up with the objective of training and educating the next generation of computer coders and cyber entrepreneurs. Some two years on it has become one of the fastest growing digital education providers. In July of this year it reached a milestone having trained 500 coders and cyber security experts across its two campuses.

Andy and David set up Code Nation having consulted extensively with businesses across the UK to service the clear need of generating more digital talent. Both have a passion and firm belief in educating and training people from all walks of life regardless of age or background, in computer coding and cyber technology. Through their training and mentoring, Code Nation produce a highly desirable skill set in the workplace and employable talent. What makes Code Nation unique is its ability to utilise its strong connections and foundations in business, commerce and industry to connect students with future employers in cyber and technology. It’s “Code Nation Pledger” programme currently has over 130 organisations and businesses pledging to find employment for Code Nation students within their organisations once they have graduated.

Andy Lord CEO and founder of Code Nation said;

"We are absolutely delighted to have both Louis-James Davis and Nicole Davis on board as ambassadors to help raise awareness of the work we do here at Code Nation and to give mentorship, guidance and share their knowledge of the tech world. Louis has achieved great things in cyber security technology and collectively we are putting Manchester on a world class stage for developing some of the brightest minds and talent in computer coding and programming. Nicole’s input will also be crucial in helping to break down the barriers, attract and encourage more women into the world of cyber and technology and show that it can be an exciting career path.”

Louis-James Davis and Nicole Davis are the Manchester based tech entrepreneurs behind VST Enterprises Ltd (VSTE) through their family backed holding company Davis Company Holdings Ltd. Louis was the innovator who created the VCode® widely seen as the technology equivalent to human DNA for its unique traceability and secure encrypted application. The unique “VCode®” and “VPlatform®” technology allows genuine users to authenticate themselves in a secure and encrypted way across online transactions and interactions. The company is paving the way in financial technology, counterfeiting, anti-piracy, financial authentication and secure ID services.

VSTE counts some of the biggest global brands and blue-chip companies in its client base in the banking and financial services sector, retail, fashion apparel and high-end luxury consumer goods brands. Each of these organisations and companies all use VCode® in their business to authenticate identity, financial transactions, supply chain management, marketing, sales and promotion campaigns.

Last year, VSTE CEO and founder Hon. Louis-James Davis was named as the new Science & Technology Ambassador to the Zimbabwean Government by President Emmerson Mnangagwa. The ambassadorship was granted at the World Economic Forum in Davos, Switzerland. He will be presented to the President of Zimbabwe in an official ceremony later this year and which will be attended by Ministers and Government officials. VSTE is now actively providing technology in country to help with the economic recovery of Zimbabwe.
Chuks Egbuna/Editor

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Nigeria @59: Tinubu says 'What we overcome gives credence to better future'

All Progressives Congress National Leader, Asiwaju Bola Tinubu, has predicted a better future for Nigeria, saying what the country had overcome in the past had given us the confidence and courage to believe that we can achieve even more.

This is contained in his message to the nation on the occasion of the 59th independence anniversary. The statement was released in Lagos on Tuesday by his Media Office.

Asiwaju Tinubu said: “Today we celebrate the 59th birthday of our beloved nation. We stand today with our feet planted firmly in the present but with our gaze both on the past and toward our future. Looking back at the last 59 years, we have faced steep challenges yet have marked great progress nonetheless.

“What we have overcome in the past gives us the confidence and courage to believe that we can achieve even more as we cast our eyes to the future.

“This day that we mark is truly a day to celebrate the independence of a nation of resilient, strong and industrious people who have decided to join together in common purpose that each of us may enjoy a democratic prosperous and just existence.

“As Nigerians, let us recommit our energies to building a better Nigeria and rededicate ourselves to the vision of our nationalists who saw greatness in this country and worked assiduously to advance it.

“The journey to our greater destiny has begun and I enjoin you all to support one another and President Buhari’s administration in this journey. I ask you all to remain committed to our highest national purpose so that we may continue to strengthen our national institutions and our very country.

“I congratulate all Nigerians on this 59th independence anniversary and urge you all to come along in the march to the Next Level”.

Ayo Midele/Editor

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Nigeria at 59: Fayemi calls for greater commitment from citizens - ITREALMS

The Governor of Ekiti State, Dr Kayode Fayemi, has congratulated Nigerians on the country’s 59th independence anniversary celebration, calling for greater commitment, on the part of the citizenry, to the greatness of the country.

Dr Fayemi, in a goodwill message in Ado-Ekiti on Tuesday, also congratulated the people of Ekiti State on the 23rd anniversary of the creation of the state.

The Governor urged Ekitis, both home and abroad, to join hands with the government in repositioning the state as a destination of choice for living and for investments.

Dr Fayemi said the present administration "is laying a strong foundation for an all-round development of the state, focusing on its five pillars of development and through huge investments in knowledge economy, urban, agricultural, industrial and human capital development."

Noting that the various policies of the administrations have started to yield positive results with attendant boost in the quality of life of the average citizen, Governor Fayemi said he was confident that the state and its people would return to the frontline.

The Governor said: “I congratulate Nigerians on the country’s 59th independence anniversary, and I urge all to remain steadfast in our collective effort to make the country a better place for us all.

“Similarly, I felicitate with Ekitikete on the 23rd anniversary of the creation of our dear state. We may not have attained all that we would love to attain. But we can look back and give thanks to God for how much he has helped us.

“Mention must also be made of the efforts made by successive administrations to develop the state as well as the leadership that have been provided by all the former chief executives of the state.

“The task of rebuilding and repositioning the state is a collective effort and through your cooperation, we shall build a truly prosperous state and put our state firmly on the path of honour and irreversible development,” the statement added.

Ayo Midele/Editor

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Andela: The pity seeking talent shylocks

Before falling my hand, Andela set out to develop developers and we were all happy! Midway, they are now making it look as if business is tough and they need to pivot. This move, if unchallenged with a solid response, will cause much more problems for our fragile but growing tech space.

Initial Model - 1
1. Hire greenhorns
2. Train them for 6 months to be developers
3. Connect them to those who need developers, mainly in the US
4. Split the dough and recoup investment.
5. Smile to the offshore bank while wringing the fingers
6. Release them after say ... 5 years

While Andela was developing the Nigerian/African talents who need a little more than 6 months to be up and running, other organizations in the US were also incubating developers, to be ready to compete with the influx of the Andela African talents. They succeeded there, mainly because American developers do not need as much initial training as we do.

Revised model - 2
1. Hire middle level Trained Africans.
2. They are plenty because average $$ will be mega NN
3. Train them for 3 months to Managers of developers
4. Connect them to those who need managers in the US and other regions, just like our Doctors, and our Professors etc.
5. Split the dough and recoup much much more
6. Smile to the offshore bank while wringing palms
5. Release them after say 10 or more years

Hopefully, those released in model 1 will have learnt management in their anchor period, and will be ready to join the enhanced gravy train in model 2, in say 4 years time. Andela has saved the costs of paying their salaries for those 4 years!

So, actually .. Andela is not leaving Nigeria, it is simply cutting costs and securing its source of raw materials while making it look like "Business is Hard, they need a tax break". Don't be fooled.

Have they developed African Talents? I will ask you ... Have they done it for 5 years? ... if not, end of discussions!

Who developed our Doctors in the Middle East? Our Nurses in America nko? or our Professors all over the world? Stellar talent is second nature, out of our harsh environment and its challenges.

What the Nigerian Government needs to do as soon as possible (ASAP) ...

1. Round those talents up. Pay them for the remaining duration of their contract.

2. Using them to develop our Tech space. By developing our tech space, I mean doing anything including motivational talks, building algorithms to decongest our roads using AI, or simply nothing, like benched International Players that they are, just to make sure that they are not picked up like crumbs by some sharks waiting in the wings.

3. Insist that those coming in with any Development-like agenda obtain some permits from the relevant Government agencies. Don't let us be fooled that we are being helped!

4. Holistically manage our talent pool. Talent Management is no longer child's play. The world has moved away from production economics to talent and talent management.

5. Be reasonable with this, and do not do it on a quota basis, just the way we do not select our National Football team using the established geo-political quota. We all love to win, and we must win here.

6. Thank me after 5 years, with nothing less than a GCON or its equivalent in bitcoins.

*Contributed by Rev. Sunday Folayan, MD Skannet

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@59: Pastor Olukoya urges Nigerians to live in peace, fear God - ITREALMS

The General Overseer of the Mountain of Fire & Miracles Ministries Worldwide, Dr. Daniel Kolawole Olukoya, has urged Nigerians to live in peace and love one-another in obedience to God's command, reports ITREALMS.

The man of God, popularly called "DKO", who gave the advice in a message to mark Nigeria's 59th Independence anniversary, said this was the time for Nigerians to shun strife and bickering of all kinds.

A press statement by his spokesman, Brother Collins Edomaruse, quoted Dr. Olukoya as saying "This is the time for all Nigerians to do away with all our individual strife, differences and prejudice in order to move the country forward in fulfilment of God's plan and purpose for the nation.

"For us to have a new Nigeria that is free of crime, evil and corruption, we need to be lovers of God, be our brothers' keepers and lovers of one-another."

The clergyman also advised Nigerians to embrace honesty, prayer and hard work which he said will help redirect and revamp the economy.

He further urged Nigerians to be patriotic at all times as "patriotism goes a long way in building the image of a country".

Nenye Dom/Editor

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Pix: Dr. Daniel Kolawole Olukoya

Governor Dickson, others for GOCOP 3rd annual conference - ITREALMS

ITREALMS
Governor Seriake Dickson of Bayelsa State will be the Chief Guest of Honour at the 3rd annual conference of the Guild of Corporate Online Publishers (GOCOP) holding at Sheraton Hotel, Ikeja, Lagos State on October 4, 2019.

A statement on Tuesday by GOCOP Publicity Secretary, Olumide Iyanda, said the theme of the conference is “Economy, Security and National Development: The Way Forward”.

According to Mr Iyanda, the event will examine online publishers’ roles in the ever-changing Nigerian society.

Catholic Bishop of Sokoto, Most Rev Dr. Matthew Kukah, will deliver a keynote speech on the conference theme.

Former Director-General of the West African Institute for Financial and Economic Management (WAIFEM), Professor Akpan Ekpo, and a former Director with the Department of State Services (DSS), Mr. Mike Ejiofor, shall be the discussants.

Chairman of the occasion is Managing Director of The News Group, Mr Bayo Onanuga.

Special Adviser to the President on Media and Publicity, Mr Femi Adesina, will represent the Presidency.

The GOCOP conference will bring together policymakers in the private and public sectors.

A business forum between GOCOP members and representatives of the Nigerian Institute of Public Relations (NIPR), Public Relations Consultants Association of Nigeria (PRCAN), Association of Corporate Affairs Managers of Banks (ACAMB), Advertisers Association of Nigeria (ADVAN) and Media Independent Practitioners Association of Nigeria (MIPAN) shall hold at Sheraton Hotel on Thursday, October 3.

Ayo Midele/Editor

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Côte d'Ivoire is mostly improved trade growth - ITREALMS

Côte d'Ivoire is the market that has most rapidly improved its trade growth potential over the past decade, according to new research from Standard Chartered, reports ITREALMS.

The Trade20 index, which identifies the 20 rising stars of trade, places African markets Côte d'Ivoire in the top spot, and Kenya at number three.

The Trade20 index determines each market’s trade growth potential by analysing changes within the last decade across a wide range of variables, grouped into three equally-weighted pillars: economic dynamism, trade readiness and export diversity.

The study examines 66 markets around the world. It finds that while existing trade powers like China and India continue to rapidly improve their trade potential, African economies are making particularly strong progress from a relatively low starting point.

Kenya is consolidating its position as the trading hub of East Africa, while Côte d'Ivoire is cementing its position as a West African trading hub. Ghana also performs well in the index, placing just outside the top 10.

The key findings of the Trade20 index for African markets are:

· Côte d'Ivoire and Kenya have significantly improved their trade readiness, demonstrating that investments in infrastructure and business environment improvements are paying off



· Côte d'Ivoire and Ghana also fare well for economic dynamism, with Côte d'Ivoire enjoying robust GDP and export growth, and Ghana seeing an influx of FDI




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@59: Buhari to Nigerians: Change does not just happen - ITREALMS

INDEPENDENCE DAY SPEECH BY HIS EXCELLENCY MUHAMMADU BUHARI PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE OCCASION OF THE 59TH INDEPENDENCE ANNIVERSARY 1st OCTOBER, 2019

Dear Compatriots,

1st October each year is an opportunity for us to reflect and thank God for his endless blessings on our country.

2. It is also a time for us, collectively, to:

3. Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers ---- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and

4. Rededicate ourselves to attaining the goals which we have set for ourselves: a united, prosperous and purposeful nation in the face of 21st century opportunities and challenges.

5. In the past four years, the majority of Nigerians have committed to Change for the Better. Indeed, this Administration was re-elected by Nigerians on a mandate to deliver positive and enduring Change – through maintaining our National Security; restoring sustainable and inclusive Economic Growth and Development; and fighting Corruption against all internal and external threats.

6. This Change can only be delivered if we are united in purpose, as individuals and as a nation. We must all remain committed to achieving this positive and enduring Change. As I stated four years ago, “Change does not just happen… We must change our lawless habits, our attitude to public office and public trust… simply put, to bring about change, we must change ourselves by being law-abiding citizens.”

SECURITY:

7. Good Governance and Economic Development cannot be sustained without an enabling environment of peace and security. In the last four years, we have combatted the terrorist scourge of Boko Haram. We owe a debt of gratitude to our gallant men and women in arms, through whose efforts we have been able to achieve the present results. We are also grateful to our neighbours and allies – within the region and across the world – who have supported us on this front.

8. The capacity of our armed forces to defend our territorial integrity continues to be enhanced by the acquisition of military hardware as well as continued improvements in the working conditions of our service men and women.

9. The Ministry of Police Affairs has been resuscitated to oversee the development and implementation of strategies to enhance internal security. My recent assent to the Nigerian Police Trust Fund (Establishment) Act has created a legal framework to support our Police with increased fiscal resources to enhance their law enforcement capabilities.

10. These initiatives are being complemented by the ongoing recruitment of 10,000 constables into the Nigeria Police Force. This clearly demonstrates our commitment to arrest the incidence of armed robbery, kidnapping and other violent crimes across our nation.

11. We remain equally resolute in our efforts to combat militant attacks on our oil and gas facilities in the Niger Delta and accelerate the Ogoni Clean-up to address long-standing environmental challenges in that region.

12. The recent redeployment of the Niger Delta Development Commission from the Office of the Secretary to the Government of the Federation, to the Ministry of Niger Delta Affairs underscores our commitment to enhance the living standards of our communities in the Niger Delta, through coordinated and appropriate programmes.

13. Our attention is increasingly being focused on cyber-crimes and the abuse of technology through hate speech and other divisive material being propagated on social media. Whilst we uphold the Constitutional rights of our people to freedom of expression and association, where the purported exercise of these rights infringes on the rights of other citizens or threatens to undermine our National Security, we will take firm and decisive action.

14. In this regard, I reiterate my call for all to exercise restraint, tolerance and mutual respect in airing their grievances and frustrations. Whilst the ongoing national discourse on various political and religious issues is healthy and welcome, we must not forget the lessons of our past – lessons that are most relevant on a day such as this.

15. The path of hatred and distrust only leads to hostility and destruction. I believe that the vast majority of Nigerians would rather tread the path of peace and prosperity, as we continue to uphold and cherish our unity.

ACCELERATING SUSTAINABLE AND INCLUSIVE ECONOMY GROWTH

16. This Administration inherited a skewed economy, where the Oil Sector comprised only 8% of Gross Domestic Product but contributed 70% of government revenue and 90% foreign exchange earnings over the years. Past periods of relatively high economic growth were driven by our reliance on Oil Sector revenues to finance our demand for imported goods and services. Regrettably, previous governments abandoned the residual Investment-driven Non-Oil Sector, which constituted 40% of Gross Domestic Product and comprised agriculture, livestock, agro-processing, arts, entertainment, mining and manufacturing activities that provide millions of jobs for able-bodied Nigerians and utilize locally available raw materials and labour for production.

17. To address this imbalance, our commitment to achieving economic diversification has been at the heart of our economic strategies under the Economic Recovery and Growth Plan, which I launched on the 5th of April, 2017.

18. This medium-term development plan charted the trajectory for our economy to exit from recession and return to the path of sustainable, diversified and inclusive growth for Nigerians. Pursuant to these reforms, the economy has recovered and we have had 9 successive quarters of growth since our exit from recession. The exchange rate in the last 3 years has remained stable, with robust reserves of US$42.5 billion, up from US$23 billion in October 2016.

19. Learning from the mistakes of the past, this Administration is committed to responsibly managing our oil wealth endowments. We will continue to prudently save our oil income and invest more in the non-oil job-creating sectors.

20. In this regard, we are significantly increasing investments in critical infrastructure. Last year, capital releases only commenced with the approval of the Budget in June 2018. However, as at 20th June this year, up to N1.74 trillion had been released for capital projects in the 2018 fiscal year.

21. Implementation of the 2019 Capital Budget, which was only approved in June 2019, will be accelerated to ensure that critical priority projects are completed or substantially addressed. The Ministry of Finance, Budget and National Planning has been directed to release N600 billion for Capital Expenditure in the next 3 months.

22. To maximise impact, we shall continue to increasingly welcome and encourage private capital for infrastructural development through Public Private Partnerships. Through the Road Infrastructure Tax Credit Scheme, which I initiated in January this year, we are giving incentives to private sector inflow of over N205 billion in 19 Nigerian roads and bridges of 794.4km across in 11 States of the Federation.

23. As we push to diversify the economy, we still remain focused on optimizing the revenues generated from the oil and gas sector. We will, working with the Legislature, soon pass the Petroleum Industry Bill and amendments to the Deep Offshore Act and Inland Basin Production Sharing Contracts Act into law, to ensure Government obtains a fair share of oil revenues, whilst encouraging private sector investment.

24. We will also continue our fight against illegal bunkering of crude oil and the smuggling of refined petroleum products across our borders, including the diligent prosecution and conviction of offenders found guilty of these acts. Whilst Nigeria remains committed to free and fair continental and international trade, we will not hesitate to take all necessary steps to tackle illegal smuggling, transshipment and other predatory trade practices that destroy jobs in our country.

25. We are resolute in reforming the power sector. In August this year, we launched the Presidential Power Initiative to modernize the National Grid in 3 phases: starting from 5 Gigawatts to 7 Gigawatts, then to 11 Gigawatts by 2023, and finally 25 Gigawatts afterwards. This programme, in partnership with the German Government and Siemens, will provide end-to-end electrification solutions that will resolve our transmission and distribution challenges.

26. The programme will also look to localize the development and assembly of smart meters as well as the operations and maintenance capabilities of transmission and distribution infrastructure.

27. I am pleased with the improved inter-agency collaboration between the Ministry of Power and the regulators in the banking and power sectors to ensure that electricity sales, billings and collections are automated and become cashless.

28. These initiatives are important to ensure that the technical and collection losses in the sector are substantially reduced. I remain confident that Nigerians will have affordable and uninterrupted electricity supply in the not too distant future.

29. Our efforts to improve the power sector will complement other infrastructure investments projects under the Presidential Infrastructure Development Fund, which is investing in the Mambilla Power Plant project, as well as key economic road infrastructure such as the Lagos-Ibadan Expressway, Second Niger Bridge and Abuja-Kano Expressway. The first set of these projects remain on track to be completed by 2022.

30. Our journey to food security and self-sufficiency is well underway. We have made remarkable progress in almost all segments of the agriculture value chain, from fertilizers to rice, to animal feed production. We shall sustain these policies to ensure additional investments are channeled, thereby creating more jobs in the sector. We must not go back to the days of importing food and thereby exporting jobs.

31. Our commitment to achieving macroeconomic stability and economic diversification, has been underscored by the merger of the Ministry of Finance with the Ministry of Budget and National Planning.

32. This combined Ministry has the important mandate to enhance the management of domestic and global fiscal risks; coordinate policies with the trade and monetary authorities; raise and deploy revenues to fund budgeted expenditure; and integrate annual budgets and medium-term fiscal strategies.

33. With this, our revenue-generating and reporting agencies will come under much greater scrutiny, going forward, as the new performance management framework will reward exceptional revenue performance, while severe consequences will attend failures to achieve agreed revenue targets.

34. I recently constituted an Economic Advisory Council to advise me on inclusive and sustainable macroeconomic, fiscal and monetary policies. This independent body will work with relevant Cabinet members and the heads of key monetary, fiscal and trade agencies to ensure we remain on track as we strive for collective prosperity. However, we are also committed to ensure that the inconvenience associated with any painful policy adjustments, is moderated, such that the poor and the vulnerable, who are most at risk, do not bear the brunt.

35. Our ongoing N500 billion Special Intervention Programme continues to target these vulnerable groups, through the Home-grown School Feeding Programme, Government Economic Empowerment Programme, N-Power Job Creation Programme, loans for traders and artisans, Conditional Cash Transfers to the poorest families and social housing scheme.

36. To institutionalize these impactful programmes, we created the Ministry for Humanitarian Affairs, Disaster Management and Social Development which shall consolidate and build on our achievements to date. To the beneficiaries of these programmes, I want to reassure you that our commitment to social inclusion will only increase.

37. Our population growth rate remains amongst the highest in the world, presenting both challenges as well as opportunities. It is our collective responsibility to ensure that we provide adequate resources to meet the basic needs of our teeming youth.

38. Accordingly, we shall continue to invest in education, health, water and sanitation, as well as food security, to ensure that their basic needs are met, while providing them with every opportunity to live peaceful, prosperous and productive lives.

FIGHTING CORRUPTION AND RESTORING GOOD GOVERNANCE:

39. On fighting corruption, our institutional reforms to enforce the Treasury Single Account policy, introduce the Whistle-blowers’ Initiative, expand the coverage of the Integrated Payroll Personnel and Information System as well as the Government Integrated Management Information System have saved billions of Naira over the last four years, and deterred the rampant theft and mismanagement of public funds that have plagued our public service.

40. The Ministry of Justice, the Independent Corrupt Practices Commission, and the Economic and Financial Crimes Commission will continue to address this menace. We are determined to ensure that transparency and good governance are institutionalized in public service.

41. We must commit to installing a culture of Good Governance in all we do. This Administration has fought against corruption, by investigating and prosecuting those accused of embezzlement and the misuse of public resources. We have empowered teams of prosecutors, assembled detailed databases of evidence, traced the proceeds of crimes and accelerated the recovery of stolen funds.

42. Furthermore, we partnered with our friends abroad to combat tax evasion, smuggling, terrorism and illicit financial flows. In June 2018, I assented to the Mutual Assistance in Criminal Matters Act, to provide a domestic legal framework for obtaining international assistance in criminal matters.

43. This measure has already strengthened our law enforcement agencies in obtaining evidence, investigating suspects and facilitating the recovery, forfeiture and confiscation of property implicated as proceeds of crime.

44. An example is the US$300 million recently identified as part of the Abacha money-laundering case, working closely with the Government of the United States of America. The Federal Ministry of Justice is working with the US Department of Justice to conclude a Memorandum of Understanding to expedite the repatriation of these funds.

45. The P & ID Arbitral Award has underscored the manner in which significant economic damage has been caused by the past activities of a few corrupt and unpatriotic Nigerians.

46. The policies that we are putting in place today are to ensure such criminal and unpatriotic acts do not go without consequences. Our renewed partnership with the 9th National Assembly will facilitate the swift passage of enabling laws that will institutionalize these anti-corruption efforts in our criminal justice system.

47. In this connection, I call upon our States to intensify their own efforts to instill greater fiscal transparency and accountability. And to ensure greater fiscal efficiency and optimum use of our very scarce resources.

48. The blight of Corruption is fighting back. Nevertheless, this is a battle that we shall see through and this is a war, which we shall win by the Grace of God.

49. I will also call upon all Nigerians, from every walk of life, to combat Corruption at every turn. By choosing to question and confront corrupt practices, by reporting unethical practices or through whistleblowing. Together, we can overcome corruption and will no longer be a country defined by corruption.

50. Fellow Nigerians, let me reiterate my call for unity across our dear nation.

51. Nigeria will emerge from our present challenges stronger and more resilient than ever – but only if all of us join hands to entrench Good Governance, foster Inclusive Economic Development, and defend and protect our Nation from all those who would wish us ill.

52. I thank you most sincerely and wish you a Happy Independence Anniversary.


53. May God bless you all, and may He continue to bless the Federal Republic of Nigeria.

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