Connect with us

Business

Bayelsa Pays N6bn On Contracts …As NYSC Loses 8 Members

Published

on

Bayelsa State Government, has released the sum of N6 billion to three construction companies for the completion of the three senatorial road projects in the state.

At the presentation of the cheques in Yenagoa, Governor Seriake Dickson, urged the contractors to give the people quality jobs.

The governor also signed two bills passed by the state House of Assembly into law.

The presentation of the N6 billion to the contractors marked the commencement of infrastructural development under the new administration in Bayelsa State.

The breakdown of the funds shows that N2billion was released to Julius Berger for the construction of Yenagoa-Oporoma road, representing the Central Senatorial road project, N2.5billion for the construction of the Sagbama/Ekeremor road in the West Senatorial road to Setraco and N1.5billion to China Construction and Company, for the Etegwe–Tombia road.

The Commissioner of Works and Infrastructure,Mr.Lawrence Erudkapo,said the three multinational construction companies were carefully selected based on their proven integrity and that the Etegwe-Tombia road would be built with eight bridges.

In his remarks, Governor Seriake Dickson,said the construction of the roads would open up the riverine communities for development.

He said the government was committed to transforming Bayelsa State.

The Governor also signed two bills recently passed by the State House of Assembly into law.

The new laws are the Bayelsa State College of Arts and Science Re-Establishment Law 2012 and Bayelsa State Thanksgiving Day 2012.

Governor Dickson said the College of Arts and Science would now take-off from the Science Secondary School along Okaka Road after an upgrade of facilities.

He renewed the commitment of the present administration to develop the education sector.

Earlier, while presenting the bills in company of other lawmakers,the Speaker of the State House of Assembly, Mr.Kombowei Benson,said the legislature would work hard to support the executive arm to succeed in its task to transform the state.

Meanwhile, the National Youth Service Corps (NYSC) in Delta State has said that five of its corps members who served in the 2011 Batch ‘B,’ lost their lives during the service year.

The state Coordinator of the scheme, Mrs Vivian Omeruo,  disclosed this yesterday in Asaba at the passing out parade of 2011 Batch B corps members.

She, however, said that their deaths, which occurred “through various unfortunate circumstances, were heroic as they died in active service”.

Omeruo also said that 25 corps members were pencilled down for various sanctions ranging from repeat of service to extension of service for various  disciplinary conducts.

She said that out of the 25 corps members, nine who absconded would repeat the service year.

The coordinator said the names of the nine corps members had already been forwarded to the National Directorate of the NYSC for ratification.

She said the remaining 16 would have extension of service for periods ranging from two weeks to four months.

In Jigawa, NYSC Coordinator, Mr Ishaya Dede, expressed satisfaction that corps members posted to the state were safe.

He said that recently, 200 corps members voluntarily re-deployed from neighbouring states to Jigawa because of the peace enjoyed in the state.

“Jigawa is a small state, yet we have more corps members now than Kano and some other states in the North.

“This is because some of them were re-deployed here for safety, good welfare and better facilities in our orientation camp,” he said.

Dede said that out of 1,500 corps members, who passed out, 12 of them received the state Governor’s award, while names of 30 others, who contravened the NYSC Act had been forwarded to the headquarters for further action.

In his remarks, Governor Sule Lamido of Jigawa lauded the contributions of the NYSC in the state to the campaign against HIV and AIDS, polio virus and mass illiteracy among others.

In Bayelsa, the state NYSC Coordinator, Mr Abdulrasheed Abiodun, said three corps members died during the service year, while the services of 12 others were extended for truancy.

Meanwhile, 30 out of the 906 corps members, who served in Gombe State were honoured with awards, according to Mr Teryima Igyuse, the state Coordinator of the scheme.

He listed the award to include 20 certificates of merit and 10 certificates of commendation for participation in community development service.

He said the best female among the award winners received the First Lady Hajiya Adama Dankwambo’s award.

Igyuse said four corps members, who absconded from service would repeat the service year, while the service of two others would be extended.

Continue Reading

Business

Association Woos Govt, Coys On  Boat Operators  Employments

Published

on

The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
Continue Reading

Business

FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

Published

on

The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
?
“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

NIWA Harps On  Avoidance Of Leaking Boats

Published

on

The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
Continue Reading

Trending