Oke Ogun PDP stakeholders pass vote of confidence in Makinde - ITREALMS

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Leaders and stakeholders of the Peoples Democratic Party (PDP) in the 10 Local Government Areas of Oke Ogun in Oyo North Senatorial District have passed a vote of confidence in the Oyo State governor, Engr. Seyi Makinde.

This was as they unanimously declared their loyalty and commitment to the party and the leadership of Governor Makinde, noting that all efforts would be made to ensure that the party continues to record success in all local governments of Oke Ogun and the state at large.

National Assembly: Pass other Petroleum Industry Bills - Stakeholders

ITREALMS:

Members of the National Assembly (NASS) have been tasked by stakeholders in the oil industry to pass other components of the Petroleum Industry Bill, just as it has done with the Petroleum Industry Governance Bill (PIGB), reports ITRealms.

The call was made at a roundtable dialogue organized by Centre for Financial Journalism (CFJ) and Facility for Oil Sector Transformation (FOSTER) in Lagos, Wednesday which attracted stakeholders from the oil and gas industry, the media and non-governmental organizations.

Other components of the Petroleum Industry Bill, ITRealms gathered, are Petroleum Industry Fiscal Bill; Petroleum Host Community Bill; and Petroleum Industry Administration Bill.

The Petroleum Fiscal Bill will ensure progressive framework that encourage sustained investments, growth and revenue to government; serve the socioeconomic needs of all stakeholders; and clarify legislative aspects of the fiscal regime from the negotiable aspects of contractual obligations.

On the other hand, Petroleum Host Community Bill will ensure shared prosperity and sustainable development of petroleum host communities; provide direct economic benefits to host communities; and assure inclusiveness, enhance peaceful co-existence and harmonious relationship, while Petroleum Industry Administration Bill will enhance efficient, effective and sustainable development of the sector; encourage and facilitate local and foreign investment; promote transparency and accountability; promote liberalization of the downstream sector; and ensure best practices in petroleum operations.

The stakeholders noted with dissatisfaction the long delay that has characterized the passage of these crucial bills, noting further that their non-passage so far has deprived the country enormous potential for the growth of the sector.

Since the Petroleum Industry Bill was initiated and introduced in 2000, it has been gridlocked in the politics between the contending forces within the Nigerian oil and gas industry such that so far, three successive governments have not been able to pass any component of the PIB into law.

Stakeholders also noted that the passage of these bills is urgently needed in view of current dynamics in the global oil market.

The Federal Government, including the National Assembly, should expedite action on concluding the necessary reviews of these bills so that they can be passed into law as soon as possible, the stakeholders insisted.

Chuks Egbune/GEE

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National Assembly urged to pass NIPOST Reform Bill

ITRealms:

The Minister of Communications, Barrister Abdur-Raheem Adebayo Shittu has urged the National Assembly to expedite action in deliberating and subsequently passing the Postal Reform Bill and other related bills pending before the legislators aiming at restructuring the nation’s postal flagship, the Nigerian Postal Service (NIPOST), reports ITRealms.

Barr. Shittu made this call while launching two documents, namely, the “Restructuring and Modernising Nigerian Postal Service and NIPOST Vision 2020” as well as inaugurating a steering committee for NIPOST reformation in his office Monday.

He said the present administration need the collaboration and synergy of the National Assembly to deliver on its campaign promises to Nigerians by expediting actions on bills targeted at social reformation of the Nigerian society, one of which is the services provided by NIPOST.

The minister charged the law makers upon resumption from their current recess to give the bill serious attention, saying, “we will appreciate that the bill is considered expeditiously important to the socio-economic policy thrust of the Muhammadu Buhari administration”.

He stated further that the Bill seek the amendment of all the existing postal services laws to give effect to the recommendations of the NethPost Consultancy of The Netherlands and all other interest groups that worked with the Ministry, NIPOST and other stakeholders in the postal services.

 According to him, though NIPOST reformation was not part of the APC campaign promises, but he initiated moves to reposition NIPOST, one of the oldest public institutions to be widely accepted in terms of efficient and effective postal services delivery, to be socially relevant, economically viable and internationally acceptable.

Objectives of the Postal Sector Reform Plan, he said, is premised on; establishing a low cost universal postal service that provides a solid communication medium and link nationwide; providing a safe and efficient postal service that is sustainable and keep space with developments in the rest of the world; introducing private sector participation and the development of the postal service into a commercially viable entrepreneurial conglomerate and creating a convenient means of savings mobilization and payment/ funds transfer system for the entire country through the postal network.

To operate on a commercial driven orientation, Shittu said the reform will unbundle NPOST to profit –driven subsidiaries such as; NIPOST Digital Financial Services Limited (PostBank); NIPOST Property &Development Company Limited; NIPOST Transport and Logistics Limited; NIPOST Merchandizing Limited (e-Commerce); and NIPOST General Services Support Limited (e-Government).

The Post Master General and Chief Executive Officer of NIPOST, Barr. Bisi Adegbuyi in his remark commended the present administration for its determination to drive the reformation process to a logical conclusion and particularly Barr. Shittu for his concerted efforts to change the trajectory of NIPOST, adding that the management of NIPOST has in the interim took a step at tinkering with reformation through certain restructuring steps taken so far.

“It is in this spirit, therefore, that the new management of Nigerian Postal Service (NIPOST) crafted this four- year strategic plan (NIPOST Vision 2020, from 2017 -2020) to guide the implementation. In considering the contents of the various documents, however, it is obvious that there are programmes that can be implemented in the short term in accordance with government policy, while others can only be implemented in the long-run after the passage of the Postal Sector Reform Bill into law”, he said.

After launching the two documents, the minister inaugurated a steering committee that will lay the foundation for the reformation process with the Permanent Secretary in the ministry, Arc Sonny Echono as chairman, the Post Mast General and Chief Executive Officer of NIPOST, Barr. Bisi Adegbuyi as vice-chairman and the Special Adviser, Digital Resources, to the Minister, Mr.Akeem Yusuf as secretary. Others include, two members each from the ministry (Directors of ICT and Telecoms & Postal Services) and NIPOST; one representative each from the Central Bank of Nigeria, Bureau of Public Enterprises and Special Assistant, NPOST, to the Honorable Minister.

The committee chairman, Arc. Echono promised that members of the committee will give the assignment all necessary attention and seriousness it deserves and deliver on the mandate of its task in due time.

Uboshe Uboshe/GEE

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