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RVHA Report: LG Boss Knows Fate, Tuesday

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The Chairman of Ahoada East Local Government Council, High Chief Cassidy Ikegbidi would know his fate on Tuesday when the Rivers State House of Assembly would debate on his suspension as recommended by the Ethics and Privileges Committee that investigated allegations of financial mismanagement.

Speaker of the Rivers State House of Assembly, Hon Otelemaba Amachree deferred debate on the report of the House standing committee  on Ethics and Privileges which recommended the suspension of the council boss.

The report presented by Chairman of the committee, Hon Nname Ewor at the resumption of second session of the seventh Assembly, noted that the committee discovered monumental financial recklessness and impropriety which include near non- existence of record-keeping in  the council’s  transactions.

According to him, the committee could not identify any visible project within the council worth the sum of N101,608,375.20 allegedly spent on capital projects, and therefore considers it extremely dangerous for the corporate existence, image and survival of the council area.

The Tide learnt that neither the council chairman nor  the principal officers of the council could tender before the committee any payment receipts or vouchers to cover the total sum of N1,118,999,2000.00 spent on recurrent expenditure within the periods from June to December, 2011.

According to him, the committee also recommended that the House, through a resolution, requested the executive governor of  the state to exercise the full powers bestowed on him by section 24, subsection 2 of the constitution to dissolve the executive arm of the council.

Hon Ewor, who is also the Deputy Leader of the House , said the committee resisted all pressures, inducements and threats by the key players in carrying out its assignment, including blackmail.

In his motion for adjournment, the leader of the Assembly, Hon Chidi Lloyd said the presentation of a detailed report on Ahoada East Local Government chairman by the committee on schedule has  vindicated the House and committee members of allegations of attempts to sweep the matter under the carpet.

It would be recalled that the Chairman of Ahoada East Local Government Area, High Chief Cassidy Ikegbidi was  alleged to have embezzled millions of naira belonging to the council in a petition by one councillor, Nelson Bright.

The petitioner also alleged that the council boss placed 40 of his relatives and juju members on monthly salary and allowances while his younger sister, a youth corps member was serving as Confidential Secretary on a monthly salary of N1,000,000.

Meanwhile, the legislative arm of the council has successfully impeached the vice chairman of the council, Hon. Britain Ewor, in spite of a court injunction secured by the embattled vice chairman.

Some indigenes of the council area, who spoke to The Tide on condition of anonymity, expressed mixed feelings as to what would happen in view of the prevailing situation but preferred any solution.

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Imported Goods Killing Local Production – Presidency

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The Presidency has frowned at the rate of consumption of imported goods in the country, and has urged Nigerian consumers to change their mindset and patronise locally-produced goods, especially in the agricultural sector, to boost revenue and job creation.
Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, disclosed this while speaking at a one-day seminar/exhibition with the theme, “Re-orientation towards ensuring preference and consumption of domestic agro-allied products”, which was organised by Zakclair Investment Limited.
Adesina, who was represented by the Special Assistant to the President on New Media, Tolu Ogunlesi, said more Nigerians would be financially empowered when people patronise locally manufactured goods.
He explained that no nation could truly develop its production capacity when its economy was based on imported products.
The presidential spokesperson observed that most developed nations of the world were those whose economies were based on the local production of goods.
He said the unbridled importation of products was weighing heavily on the country’s foreign exchange reserve.
“We must also be willing to innovate with our local products in ways that can get us a wider audience.
“Instead of expending scarce resources and importing goods and services, we can channel them to create jobs for people. We need to believe more in the value of what is indigenous to us, as a people.
“When we consume locally made products, there will be less pressure on our foreign exchange. In the same breath, the value addition that happens locally means jobs.
“The economic value of consuming locally made goods is in all the jobs that will be created.
“I think that with the kind of market that we have in Nigeria, 200 million people, you can see there is a lot that we can do with domestic products”, Adesuna said.
Delivering the keynote address, the Executive Secretary of the Agricultural Research Council of Nigeria, Prof. Garba Sharabutu, urged stakeholders to stop paying lip service to the efforts to drive the consumption of made-in-Nigeria products, saying “we need to take it from words to action”.
Earlier, the CEO of Zakclair Investment Ltd, Adelabu Abdulrazak, explained that with the country’s ailing economy, there was a need to direct attention to preference and consumption of locally-made products.
“Consequently, we believe there is a need for a discourse in this aspect of our national life with the aim to infuse patriotism, encourage policies that tackle this lifestyle, reorientate our citizens and massively stimulate the growth of our economy,” he said.

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Commission Extends Deadline For Digital Money Operators’ Registration

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The Federal Competition and Consumer Protection Commission (FCCPC) has announced the extension of deadline for registration of online money lenders and operators, otherwise known as Digital Money Lenders (DML).
Making the registration extension known in a statement that was made available to The Tide at the weekend, the FCCPC Chief Executive Officer, Babatunde Irukera, said the process has been extended to March 27, 2023.
The FCCPC boss stated that the extra time was to ensure that the registration of DML whose registration was still in process was adequately achieved, and to also prevent significant market disruptions.
It is the third time the commission has postponed the deadline for registration, since it enforced compulsory registration in August 2022.
“On December 6, 2022, in furtherance of the collaboration of the Inter-Agency Joint Task Force, the FCCPC extended the deadline for the registration of DML to January 31, 2023.
“This was to ensure the registration of DMLs whose registration was still in process and to prevent significant market disruptions.
“The Commission noted, however, that several DMLs have not yet provided all relevant documentation to complete their registration process.
“To this end, the Commission is further extending the registration deadline to Monday, March 27, 2023″, The statement read in part.
The FCCPC recently released a limited interim regulatory and registration framework for digital lending in order to curb unethical interest rates, violation of consumer privacy, and other unethical lending practices perpetrated by unchecked digital lenders in the country.

By: Corlins Walter

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Manager Clarifies PH Airlines Building Occupancy Issues

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The Port Harcourt Airport Manager, Mr Felix Akinbinu, has given reasons for the delay by airlines operating at the Port Harcourt International Airport, Omagwa, in occupying the newly commissioned Airport Building.
Noting that airlines still operate from the Terminal building, he said the nature of business operations of airlines is such that makes them operate from the terminal building in order to meet the boarding requirements for passengers.
Akinbinu, who disclosed this while interacting with aviation correspondents, stated that the newly commissioned airlines building is not just for airlines alone.
He said it’s office space for any group or individuals to use, though it bears the name, “Airline Building”.
According to him, the airlines will still operate from the terminal building because the newly commissioned airlines building is to provide additional office space for airlines to accommodate their other activities and staff.
“To be frank with you, what we have in the new airlines building is just eight office space accommodation, and it is not only for airlines, it is open to everyone or group that need an office space.
“It is not that we are ordering the airlines to leave the terminal building, not at all, because they are to operate at the terminal building for the ease of their business and passengers facilitation.
“It is also not an issue of disobedience on their side for still operating at the terminal building. All they will do is to acquire additional office space for their staff and operations”, Akinbinu said.
The Tide’s check earlier showed that the new airlines building is sited at a distance place from the terminal building, which makes it difficult for airlines to easily access, considering their style of business operations.
Some officials of airlines The Tide interacted with stated that they will not operate from the new airlines building because it was sited across the airport major road, distant from the terminal.
They, therefore, urged the airport management to consider the nature of their operations, and make alternative for them.
It would be recalled that the Managing Director, Federal Airports Authority of Nigeria (FAAN), Salisu Yadudu, represented by the Director of Operations, Murktar Munye, had at the commissioning ceremony of the airlines building, early December last year, directed the airport manager to ensure that airlines occupy the building immediately.
This, he said, was to decongest the terminal building. But the building is yet to be occupied.

By: Corlins Walter

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