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Onnoghen, Acting CJN Takes Oath …As Buhari Urges Judiciary Redemption …Unveils New Economic Plan, Dec

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President Muhammadu Buhari, yesterday, swore-in the Acting Chief Justice of Nigeria, Justice Walter Onnoghen, charging him to work hard to restore the integrity of judiciary officers and the confidence of Nigerians in the judicial process.
The swearing-in follows the retirement of the incumbent, Justice Muhammad Muhammud.
Present at the occasion which took place at the Presidential Villa were Vice President Yemi Osinbajo and many other Justices of the Supreme and Appeal courts.
Buhari urged the judiciary to restore the country’s past glory.
Speaking at the swearing-in ceremony yesterday in Abuja, Buhari challenged the judicial arm of government to partner with his administration in bringing Nigeria back into line.
According to him, the judiciary can effectively perform their constitutional responsibility by ensuring the success of the ongoing campaign against corruption and making sure that the economy was managed efficiently.
“I congratulate the new acting CJN, who comes at a time that the institution that he is going to head plays the role of one of the constitutional bodies at this trying time of our nation.
“In this room contains the constitutional bodies that are responsible for bringing Nigeria back into line in terms of security and managing it efficiently while making sure that the economy is resuscitated and that security of doing business at all stages in the country is free and fair.
He congratulated the immediate past CJN, and urged the acting one to play his constitutional role diligently.
“I am being honoured today as the President of the Federal Republic of Nigeria to say goodbye to the former Chief Justice and to congratulate him for the time he spent in the highly respected position.
“I sincerely congratulate the outgoing CJN and wish him the best of luck in his retired life, and I wish the incoming CJN a successful tour of this vital constitutional body of our country,’’ he added.
In his remarks, the acting CJN, Justice Onnoghen, reassured that his tenure would witness the fullest cooperation of the third arm of government in the continuation of the war against corruption and misconduct in the judiciary.
According to him, he will continue from where his predecessors stopped.
“I intend to carry on from there, modify certain areas but with the general ultimate gain of having a better judiciary befitting the nation, Nigeria.’’
He thanked the President for the confidence reposed on him, saying “by the grace of God we shall succeed.’’
Justice Walter Onnoghen, was born on 22nd December, 1950 at Okurike Town, Biase Local government Area of Cross River State.
He attended the Presbyterian Primary School, Okurike Town between 1959 and 1966.
Onnoghen later proceeded to Accra, Ghana to attend Odorgorno Secondary School, Adabraka, between 1967 and 1972 for his West African Examinations Council (WAEC) Exams.
He was at Accra Academy, Ghana between 1972 and 1974 for his WAEC (A-Levels) before proceeding to the University of Ghana, Legon, between 1974 and 1977 to obtain his Bachelor of Law Degree (LL.B (Hons)) and graduated with 2nd Class Upper Division and was among the best graduating students.
The acting CJN attended the Nigerian Law School, Victoria Island, Lagos between 1977 and 1978 for his B.L certificate.
Meanwhile, President Muhammadu Buhari will inaugurate the National Economic Reconstruction and Growth plan in December, the Minister of Budget and National Planning, Senator Udo Udoma, has said.
Udoma, who disclosed this at a National Economic Retreat in Abuja, yesterday, stated that the plan is in furtherance of the Federal Government’s efforts to reposition the country towards sustainable growth.
According to the minister, the retreat is intended to provide an opportunity for stakeholders from the various sectors of the economy to consult and exchange views on the medium term economic plan for the country.
He said the economic recovery plan would be a detailed document that would bring together various plans put together by the Economic Management Team.
The various plans include the Strategic Implementation Plan from which the Medium Term Expenditure and Fiscal Strategy Paper was developed, and the Medium Term Sector Strategies (MTSS).
Udoma said as soon as the consultations with stakeholders were concluded, the economic team would receive inputs from the National Assembly.
It is also expected that other development partners will be consulted before the inauguration of the final document by the President in December.
Udoma said the ministry had developed sectoral plans in five thematic areas as part of the economic recovery plan.
They are macroeconomic stability, where the focus would be on fiscal and monetary condition, low inflation, stable exchange rate and strong economic growth; economic diversification and building competitiveness in the private sector.
Others are job creation and social inclusion; governance (such as security); and human capital.
The Minister of State for Petroleum, Mr Ibe Kachikwu; Minister of State for Budget and National, Mrs Zainab Ahmed; and the Deputy Governor, Economic Policy, Central Bank of Nigeria, Mrs Sarah Aladdin, were some of the key personalities at the retreat.

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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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