Business
Challenges Of ESI Women Drivers In Rivers
Transportation sector has been described as one of the lucrative business areas in both developed and developing countries of the world. Its activities span across land transportation which includes wheelbarrow, bicycle, truck, tricycle, motorcycle, motor vehicle and chariots.
Sea transportation covers canoe, flying boat and ocean-moving vessels classified as marine transport. While air transportation known to be the aviation sector deals with movement aircrafts.
The major objective of the transport industry is centred on the movement on human and materials from one destination to another, with a view of accelerating interaction, relationship and transactions between individuals, communities, states and countries.Transport business in the world has been largely dominated by the male sex, creating gender equality in the system.
And in a bid to bridge the gap posed by gender inequality, the wife of the Rivers State Governor, Her Excellency, Dame Judith Amaechi roled out her pet project known as Empowerment Support Initiative (ESI) aimed at empowering and encouraging women partake in the transportation business.
Besides, the project also tend to reduce poverty, improve their income base, create job and make them self reliant. No wonder Her Excellency insisted that women should drive the vehicles allotted to them, to ensure that the gender inequality gap is bridged, as well as proof to the world that women can compete men favourably.
Speaking with the beneficiaries of the scheme, the woman driver who gave her name as Patience, told The Tide that she found joy competing with men on the road as driver of her own car, noting that she make as much as N6,000 to N7,000 daily.
She said that, she programme her business time to suit the domestic affairs of her household so as to maintain a balance in the flow of income.
The woman driver lauded the initiator of the scheme Dame Judith Amaechi for empowering women in this magnitude of a saloon car other than the usual gas cooker, sowing machine, hair dryer etc experienced in the past administrations.
Another beneficiary of the transport scheme Mrs Ibiene Orupabo who ply Lagos bustop-Aggrey-Borokiri route told our correspondent that inspite of the fuel scarcity and like in the price of the product, she said that somedays the income margin stands at N10,000, while some other days between N8,000 and N9,000 depending on how serious. According to her, “I never knew that transport business is so lucrative and with my experience as a taxi driver, I intended to expand to full time transporter as soon as I pay the agreed sum (the cost price of the car).
We are in a capitalist world where competition and hardwork form the foundation of our survival, therefore, women should stand firm and contribute to the economic growth of our respective families and the state at large”, she asserted.
She said that Rivers State Government has done so much to rekindle the potentials in women through the wife of the Governor by wooing them into the driving profession which is worthy of emulation by other states.
Mrs Orupabo expressed her pleasure over the level of patronage accorded them on their route by the passengers, saying maybe it is because we are women drivers or that their cars are neat, new and air conditioned.
Speaking on the daily challenges facing the operation of the women drivers in the state, Mrs Janet Ihunwo noted with dismay the incessant harassment of the woman drivers by the traffic marshals, citing the recent assault meted out on a woman driver along Aba road by the staff of the Federal Road Safety Commission which she said the case is in the court.
She said that they are always envied by the male counterpart who dominated the sector, adding that sometimes they are quirked, abused and threatened. Also, “you have to meet your domestic obligations, take the children to school, bring them back, cook and maintain the domestic affairs of the family as well as go out for the days business”, she noted.
She urged government to increase the number of the beneficiaries this year and improve the road network to ease the flow of traffic within the Port Harcourt metropolis and its environs.
Business
Food Vendors, Others Relocate To New Site At PH Airport
The raging controversy between the Port Harcourt International Airport Management and restaurants/canteen operators and theirallies over relocation has been brought under control, as the operators have commenced relocation to their structures at the new site.
Recall that there had been serious feud over a directive by the Manager of the airport, Mr. Michael Area, for food vendors and their allies to relocate to the new site.
They insisted that the new site was too distant and hence, would negatively affect patronage from customers, with possible loss.
They further also insisted that it wouldcost them much money to put up another structure, given the economic situation in the country, since the airport management did not build any structure for them, apart from providing the empty land they have to also pay for.
The situation had led to flexing of muscles, which made the Airport Manager to order for sealing of all shops, resulting in scarcity of food, as airport users could not find a place to eat, apart from the only Genesis fast food spot available.
As at last Friday, The Tide observed that most of the food vendors had transferred their structures to the new place, and had started doing business there already.
Meanwhile, customers have started settling down at the new location as they were seen patronising shops for foods and drinks, in spite of the distance.
Few of the remaining structures at the old site, The Tide further gathered, will also be removed as quickly as possible, and the owners are making efforts to get funds for the job to be done.
One of them, Mrs Aka Love explained that she was going to relocate to the new place before the end of March.
Currently, business activities at the old site have come to null, as the place which was usually a beehive of food, drinks and relaxation, has completely winded down.
By: Corlins Walter
Business
MOWCA Strengthens Maritime Crime Prevention
Secretary General of the Maritime Organisation of West and Central Africa (MOWCA), Dr. Paul Adalikwu, has stepped up interaction with the United States Government to lift restrictions placed on some member countries allegedly implicated in illicit shipping activities.
Adalikwu, who led a delegation from the MOWCA Secretariat to the US Embassy in Abidjan for a first leg of the strategic consultation aimed at promoting seamless participation of MOWCA countries in international trade within the global maritime space, reiterated the organisation’s commitment to the best ethical and lawful maritime practices.
Addressing the U.S Ambassador to Côte d’Ivoire, H.E Mrs Jessica Davis Ba, the MOWCA SG stated the organisation’s interest in promoting the International Ship and Port facility Security (ISPS) code which aims at enhancing security of vessels and their ports of call.
He expressed the commitment of MOWCA in promoting environmentally friendly, safe and cost effective shipping without any encumbrance that may limit the economic potential of member countries.
Dr Adalikwu recalled that at the instance of the U.S. Department of State invitation, MOWCA participated in the 2023 Registry Information Sharing Compact (RISC) Conference in Larnaca, Cyprus, on February 28–March 1, 2023, and a virtual meeting held on June 6 2023, with Mrs Jennifer Chalmers, Officer in change of Counterproliferation Initiative.
He recalled The U.S. DOS willingness to support MOWCA’s effort for preventive maritime security through the establishment of the Center for Information and Communication (CINFOCOM) with the aim to ensure a maritime situational awareness domain within MOWCA’s member states’ waters.
He added that MOWCA under his watch is committed to training and retraining of maritime practitioners and experts to enhance the human capital capabilities of member states.
The CINFOCOM will help prevent transnational crimes committed at sea like sanctions evasion by North Korea and other state actors, who exploit poor enforcement due diligence by ship open registries to circumvent United Nations and U.S. trade restrictions.
By: Nkpemenyie Mcdominic, Lagos
Business
Nigeria’s Public Debt Hits N97.3trn – DMO
The Debt Management Office (DMO) has hinted that Nigeria’s public debt increased by 10.7 per cent from N87.87 trillion in the third quarter of last year, to N97.34 trillion as at December 31, 2023.
DMO, in an update data released last Friday, said the increase in the debt stock was largely due to new domestic borrowing by the Federal Government to part finance the deficit in the 2024 Appropriation Act and disbursements by multilateral and bilateral lenders.
The office noted that the N97.3 trillion public debt comprises of domestic debt of N59.12 trillion and external debt of N38.22 trillion. The sum of $3.5 billion was used to service external debt during the review period.
“Nigeria’s Public Debt Stock as at December 31, 2023 was N97.34trillion or $108.229 billion. This amount comprises the domestic and external debt stocks of the Federal Government of Nigeria (FGN), the 36 States Governments, and the Federal Capital Territory (FCT).
“There was an increase of N9.43 trillion over the comparative figure for September, 2023, which was largely due to new domestic borrowing by the FGN to part finance the deficit in the 2024 Appropriation Act and disbursements by multilateral and bilateral lenders.
“At N59.12 trillion, total domestic debt accounted for 61 percent of the total public debt stock, while external debt at N38.22 trillion accounted for the balance of 39 percent.
“Consistent with the debt management strategy, Nigeria’s external debt stock was skewed in favour of loans from multilateral (49.77 percent) and bilateral lenders (14.02 percent) or total of 63.79 percent which are mostly concessional and semi-concessional.
“Whilst the DMO continues to employ best practice in public debt management, the recent and on-going efforts of the fiscal authorities to shore up revenue will support debt sustainability”, DMO stated.
By: Corlins Walter
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