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Minister Charts Path For Economic Recovery
The Federal Government, yesterday, said that for the country to experience any form of growth and bounce back speedily from the effects of the Covid-19 pandemic, there has to be an increase in productivity.
It said this would counteract the effect of the Covid-19 pandemic and the age-long challenges of underdevelopment in the country.
The Minister of Labour and Employment, Senator Chris Ngige, stated this as he flagged-off the “Nigeria Public Sector Productivity and Innovation Summit”, organised by the National Productivity Centre, at the Nigerian Army Resource Centre, Abuja.
The minister, who was represented by the Permanent Secretary of the ministry, Yerima Peter Tarfa, said that to recover from the disruptive effect of the Covid-19 pandemic, there should be a determined effort to increase productivity level.
According to him, “It is a known fact that for us to experience any form of growth in our economy and bounce back speedily from the effects of ovid-19 pandemic, we will have to increase and grow our productivity.”
Ngige described as appropriate, the theme of the Summit: “Thriving at 60: Economic Productivity under Uncertain Times, Cutting through Complexities and Delivering Value”, noting that “those that will thrive under these uncertain times are those who are proactive and can deliver value-added products in the ever dynamic and competitive market place.”
He noted that Nigeria’s challenges of underdevelopment, which had persisted over the years in spite of her natural and human resources, had been attributed mainly to “the abysmal performance of the various sectors of the economy on the productivity scale.”
The minister stated that the government, however, had put in place a lot of social intervention programmes fund “to assist the populace to shake off the disruptive influence of Covid-19 pandemic and thrive in the performance of their various economic activities.”
He listed the programmes to include, the N50billion Targeted Credit Facility for households and SME adversely affected by the effects of Covid-19; the N100billion Health Sector Covid-19 Intervention Fund; N260billion SME Survival Fund to sustain, at least, 500,000 jobs in 50,000 SMEs over a period of three months.
He urged the participants to take advantage of the summit to improve on their knowledge of productivity, as well as on the ways and means of improving individual and organizational productivity.
Earlier, in a welcome address, the Director-General, National Productivity Centre, Dr Kashim Akor, enjoined Nigerians, both at individual and organisational levels, to develop the productivity mindset that would steer the nation to greatness.
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RHI, RSG Empower 500 Senior Citizens In Rivers
The Renewed Hope Initiative in conjunction with the Rivers State Government has empowered 500 elderly citizens in Rivers State with financial support of N200,000 each.
The empowerment programme was part of activities to celebrate the third anniversary of the Renewed Hope Initiative Elderly Support Scheme RHIESS, a social investment policy initiated by the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking at the event which held at the Government House, Port Harcourt, recently, under the theme, ‘Finding Joy in Old Age,’ Senator Tinubu said the gesture which has become traditional since 2023 was a mark of gratitude in recognition of the invaluable contributions of the senior citizens to nation building.
The First Lady who was represented by the wife of the Rivers State Governor and State Coordinator of the Renewed Hope Initiative, Lady Valerie Fubara, said the scheme was to “support two hundred and fifty (250) vulnerable elderly citizens aged 65 and above in all the 36 states of the federation, the Federal Capital Territory, and veterans from the Defence and Police Officers’ Wives Association (DEPOWA) totalling 9,500 selected beneficiaries across the nation.
She urged the beneficiaries to engage in activities that will make them find joy in old age.
“I encourage you to continue playing your part by staying healthy and active, nurture both your body and mind through regular exercise and meaningful engagement,” Senator Tinubu advised.
On her part, Lady Fubara said the State Government through the magnanimity of the governor, Sir Siminalayi Fubara, has increased the beneficiaries of the programme from 250 to 500.
She restated the commitment of the State Government towards provision of social welfare and improving the standard of living of the elderly in the State.
Also speaking, the Executive Secretary, Rivers State Contributory Health Protection Programme (RIVCHPP), Dr Vetty Agala, said the State Government has through the Health4allrivers Initiative, introduced free medical care for senior citizens in the State, in line with the Renewed Hope Initiative.
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Expedite Action On MBA Forex Operator’s Prosecution, Rivers NUJ Tells EFCC
The Nigeria Union of Journalists (NUJ), Rivers State Council, has urged the Economic and Financial Crimes Commission (EFCC) to expedite the prosecution of the Director of the now distressed MBA Forex Trading, Mr. Maxwell Odum, in the interest of justice.
The Rivers State NUJ made the appeal during a courtesy visit to the EFFC’s Ag. Zonal Director, ACE Hassan Saidu, in Port Harcourt, recently.
The council’s chairman, Comrade Paul Bazia, said the appeal became imperative after it considered the number of Nigerians and others involved in the financial misconduct.
According to him, it has caused hardship among many households in the country and should be given the attention it deserves.
He said that investors cannot come into a country or invest in an economy or nation ridden with fraud.
This, he said, has made it more imperative to arrest, prosecute and convict alleged fraudsters like the MBA Forex Director, who is alleged to have defrauded thousands of unsuspecting Nigerians, to serve as a deterrent to others.
The chairman also requested that while the trial lasts, part of the swindled funds should be given to the victims that suffered loss and trauma as a result of the fraud.
The NUJ reiterated its resolve to change the narrative of reportage from crisis to developmental communication.
According to him, the NUJ’s main focus is blue economy and tourism.
He expressed the readiness of the Council to partner the agency in the area of information dissemination.
“We believe you have a responsibility to fight financial crimes. We also know that you need the Press to publicize your activities and NUJ can provide that,” he said.
Responding, the Zonal EFFC’s boss commended the NUJ’s vision to change the narrative of reporting from crisis to developmental communication.
According to Saidu, the Western world have since imbibed such culture, hence the negative stories about them are carefully sifted to allow only positive ones to be released to the outside world.
As for the trapped funds to be released, the EFCC Zonal Director stated that only the court can authorize such action, stressing that the primary responsibility of the Commission is to arrest and prosecute.
He pledged to partner with the NUJ now that the leadership has visited the Commission.
The Head of the Legal & Prosecution Department, DCE Odiase Stephen, corroborated the Zonal Director’s position and stressed that it was only when the matter has been determined by the court that such funds can be released.
He further stated that once a matter is before a court of competent jurisdiction, it cannot be discussed outside.
By: King Onunwor
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