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Sanusi: Reps Make U-Turn …Publish Members’ Salaries, CPC Tells NASS

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The House of Representatives yesterday changed its mind on its invitation to the Governor of Central Bank of Nigeria, Mr. Sanusi Lamido Sanusi, to appear on the floor of the House.

The House, which was presided over by Deputy Speaker, Bayero Nafada, rather directed that the CBN governor should now appear before committees of the House of Appropriation, Banking, Drugs, Narcotic and Financial Crimes at a date to be determined by the committees.

Hon. Igo Aguma had raised a counter motion to that of the Senate Leader, Tunde Akogun for Sanusi’s appearance.

The CBN Governor was said to have arrived at the premises of the National Assembly by 10am prepared for his appearance.

The Tide gathered that the change of mind by the Reps was fallout of indications that Sanusi had come better prepared than he was when he made a similar appearance before the senate on Wednesday.

Sanusi had stood by his comment on the allegation that about 25 per cent of the nation’s budget was consumed by the National Assembly even when senators pointed out to him that his figures were inaccurate and misleading.

He was said to have arrived at the Reps wing of the National Assembly with loads of documents apparently to tackle members of the House of Representatives.

The House gave the committees one week to report back on the matter.

Meanwhile, the Conference of Nigerian Political Parties (CNPP) has showered praises on the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, for sticking with his position that 25% of the overhead of the Federal Budget is consumed by the National Assembly.

Sanusi was asked by the lawmakers to explain to them and to Nigerians how he came by the said figure but he couldn’t. He rather remained adamant that he was convinced that the lawmakers’ jumbo pay was digging a big hole in the nation’s treasury.

In a statement made available to our correspondent, National Publicity Secretary of the group, Osita Okechukwu said, “We salute Governor Sanusi’s courage and uncommon passion for public good in the midst of intimidation by hostile senators and at the risk of losing his job, he maintained his stoic stance that the NASS’s expenditure was bleeding heavily on the national treasury.

“We waited anxiously for Governor Sanusi in this hour and salute him for upholding his own ratings, for Nigerians hold in very high esteem the man who exposed the errant bankers who played casino with depositors’ funds.”

The CNPP suggested that the federal lawmakers were earning a lot more than the official emoluments approved by the Revenue Mobilization, Allocation and Fiscal Commission.

“We challenge the NASS members to publicly tell the world whether they abide by the emolument and allowances benchmark prescribed by the Revenue Mobilization, Allocation and Fiscal Commission {RMAFC}.

“Governor Sanusi talked only of the Report of the Budget Office but diplomatically did not expose the Trade Center antics of the NASS members and their food is ready economic policy; where instead of law making, they engage in contract sharing and contract splitting. This is the conduit pipe NASS members use to bleed our national treasury, subvert the Millennium Development Goals and undermine our decayed infrastructure.”

The group however prayed the National Assembly members to desist from haunting down people like Sanusi whom they described as a patriot and focus on saving the country’s democracy from the threat posed to it by the monumental corruption in the land. He said, “CNPP wishes to appeal to our Distinguished Senators and Honourable members to instead of haunting down brave patriots like Governor Sanusi; to graciously embark on soul searching, look inwards and as a matter of urgent national importance remove the specks in their eyes, which regrettably has converted the National Assembly into a Trade Center.”

Meanwhile, the Congress for Progress Change (CPC) yesterday called on the National Assembly to publish detailed facts concerning the basic salaries and allowances of its members for the sake of enhancing transparency in the public sector.

A statement signed by the National Publicity Secretary, Mr Aghanya Dennis in Abuja made the call in a reaction to the summon on the Governor of Central Bank of Nigeria (CBN), Lamido Sanusi by the National Assembly.

“This observation has become very necessary in view of the recent summoning of the Central Bank Governor by the Senate to explain his claims that 25 per cent of overhead of the government’s revenue is spent on the National Assembly,” it stated.

The statement noted that constituted authorities should be allowed to function without any form of intimidation from any arm of government.

“Instead of summoning him in the usual manner of the NASS, his office should have been simply asked to forward its records to substantiate his claims,” the statement added.

The party further called on Nigerians “not to be intimidated by the incessant summoning by the National Assembly as they were selected to represent us”.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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