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Checking Financial Leakages In NASS

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The National Assembly makes laws, controls the finances of the nation and plays a role in checking the actions of government and the ministries.
In spite of these functions, critics note that governance ought to be about the people and better life for the masses but the present situation in the National Assembly in that regard has fallen below the expectations of the electorate.
A social critic, Dr Obed Oduah, says that presidential form of government, especially in the conduct of the National Assembly matters that border on assets’ boarding and sales, is worrisome.
He observes that although the National Assembly is made up of elected representatives with defined responsibilities, the cost of running the two chambers — the Senate and the House of Representatives — calls for concern.
Many Nigerians believe that the economy is groaning under the heavy weight of excessive cost of governance and they have been asking what could be done to reduce the cost of government, especially by the National Assembly.
They cite a report that the authorities of the legislature allegedly sold official property such as cars and other public utilities at low prices in which Land Cruiser Jeep purchased on tax payers’ money for N26 million could be sold to a member of the National Assembly at N1 million.
The Executive Director, African Centre for Leadership and Strategy and Development, Dr Otive Igbuzor, says that the high cost of governance has impeded economic development in the country.
According to him, the problems are not unconnected with corruption and wastages in governance and, above all, the high cost of doing government business, especially in the National Assembly.
A concerned citizen, Mr Feyi Olubusayo, an economist, recalls that last year’s budget made provision for N5.5 billion for the purchase of “expensive’’ cars for members of the National Assembly to replace the cars bought four years ago.
He expresses concern that the members of the 8th Senate have gone away with the cars as “parting gifts’’, observing that the new cars may also go the same way if adequate measure is not put in place to check it.
He also observes that a vote of N139 billion for the National Assembly in the 2018 Appropriation Act is much.
But the Senate has described the public condemnation of its planned purchase of Sport Utility Vehicles (SUVs) amounting to N5.5 billion for the senators as an insult.
The Leader of the Senate, Yahaya Abdullahi, said that the status of a senator of the Federal Republic of Nigeria is not undeserving of an SUV.
He said that each of the 109 senators in the upper chamber would get one SUV, which would be paid for at the end of their four-year legislative tenure.
He said the burden on the shoulders of the senator was not a mean task and that an SUV for their work was not too much.
“It is an insult to say that a senator of the Federal Republic cannot ride a jeep in Nigeria. It is an insult.
“The N5.5 billion is from the National Assembly fund and it is budgeted for every year, which they will pay back at the end of the tenure.
Irrespective of this position in the Senate, Dr Abbey Ibude, a critic, insists that “a huge portion of the country’s resources is allocated to servicing a tiny fraction of the population who are public office holders, especially the National Assembly members.
“With little left for the provision of social infrastructure, the majority is entrenched in extreme poverty, which is why the acting Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission, Shettima Abba-Gana, canvasses a methodical reduction in the cost of governance.
“The guiltiest parties are the Executive and Legislative arms, although the judiciary is not blameless.
“Ministers, their aides, senators, representatives, state lawmakers, commissioners, local government chairmen and other public officials maintain expensive convoys and fly in expensive modes of transportation’’.
Also, Sen. Shehu Sani, former senator from Kaduna State, notes that a senator received N13.5 million as “running cost” every month.
“This is outside of the N750, 000 monthly salary, N200 million annually for constituency allowance and other undeclared allowances.
“Some of the senators were former governors, after serving out their eight-year tenure as governors, receive mega pensions for life.
“It is laughable because these governors served their states for just eight years or less. It is daylight robbery of public fund.
“These governors earned top rates while in office and used chartered/private jets, although their citizens live in penury’’, he said.
Similarly, the House of Representatives’ Committee on Public Accounts recently, observed that the country had not been witnessing prudent use of government resources.
The chairman of the committee, Mr Kingsley Chinda, said that the lawmakers were currently examining the annual reports by the Auditor-General of the Federation submitted to the Legislature.
“Generally, what we have observed is that not much has changed from the reckless system that we have operated in Nigeria. Not much has changed. Public spending is still not very responsible and so, we need to begin to change.
“One of the problems we have is that our institutions are very weak; institutions are not strengthened; the government is not making deliberate efforts to strengthen institutions,’’ he said.
However, members of the National Assembly have vowed to fight corruption through aggressive oversight functions and probe of petitions against public officers.
They also pledged to ensure adequate check on the executive arm of government but would not do so through confrontation.
The federal parliamentarians are also unanimous in their decision to work as a team irrespective of political affiliations to collectively tackle the myriad of problems confronting Nigerians.
A member of the House of Representatives from Ado/Okpokwu/Ogbadibo Federal Constituency in Benue, Francis Agbo, promised to support other members to make life extremely difficult for public office holders who might wish to loot Nigeria’s treasury, even in the National Assembly.
“We intend to minimise the negative perceptions that Nigerians have about the National Assembly.
“We will enthrone more transparency in our business. We want people to know that we are the parliamentarians for Nigerians, not parliamentarians for our pockets.
“We intend to strengthen internal democracy. Many of our people don’t know what they call internal democracy”.
Olaitan writes for the News Agency of Nigeria.

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What Do Nigerians Expect In 2022?

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As the year 2021 was winding up with all its ups and downs, it was natural for people to state some of their expectations in the coming year, 2022. And what are some of these prospects?
Joseph Omeje, is an economist and lecturer with the Enugu State University of Technology (ESUT). He believes that human beings are usually very optimistic. Hear him: Yes, the economy of the country and globally is very bad but I expect that 2022 will be better than 2021 only that we have to plead with the political leaders to play the game of electioneering very gently. Let there be human face in whatever they are doing. We wouldn’t like to hear that the youths are being used to kill or to commit all evil in a bid for some people to realise their political ambitions. Our leaders should do their best so that we do not incur much human losses anymore. We have suffered a lot in the hands of these religious extremists and those who are pursuing their personal goals.
Economically, Nigeria will do better once there is security. The insecurity problem in the country is something that government can tackle if they want. Once the security situation in the country is improved so as to allow farmers go back to their farms and Nigerians go about their businesses freely, then the nation wouldn’t be as bad as it was in the last year. Government should dialogue with agitating groups. Whatever is the problem let them discuss it so that there will be peace in the country. When there is peace, the economy will improve. I believe that political solution is much better than judicial solution.
I also expect that government should take a second look at the idea of giving out money in the name of allowances. What is N5000.00 for a household or even an individual in a month? Instead of all these handouts, government should create an environment where people can get employment. When we were growing up I know that some states had stakes in businesses. In my own state, Enugu, we had cashew industry, aluminium roofing sheet industry and all that. All these are moribund now. If all these can be revived and new ones added, you will see that there will be a lot of jobs. And once you have job opportunities for the youth, you will see that even the problem of insecurity will reduce and per capita income will increase and the economy will improve.
It is also my expectation that the excessive borrowings will stop. We have borrowed enough. It’s true that no country can do without borrowing but when we keep borrowing and we are not putting it into real investment portfolio or productive sector so that it helps the economy to grow, then there is a big problem. And how do we intend to pay back these loans? We heard what happened in Uganda recently. The Chinese government has taken over the only international airport they have because of their indebtedness to China. What if the same thing should happen to Nigeria?
For Mrs Dorathy Mayford, a civil servant, the experiences of the previous years have taught her not to have any expectations from the government, the society or individuals as doing so affects her health negatively. “I have learned that the best way to live is without having any expectations from life. Expecting good from our leaders in Nigeria will end up getting you disappointed. For some years now workers in the state and the nation have expected that their salaries will be increased to enable them cope with the prevailing harsh economic realities in the country. Civil servants in the state have expected that they will be promoted but these expectations were never met.  So, I have decided that in order to stay healthy and happy, I will not expect anything. I only put my trust and hope in God because only He will not disappoint or fail me.”
A technician, Mr Malachy Amadi, expects that there will be plenty of money in circulation in the country in 2022. In his words, “2022 is a year preceding an election year. It will be a period of campaigns and the politicians will bring out all the money they have been stealing from government’s coffers and saving. So, there will be a lot of money in circulation and that will make life better and easier for the masses.”
Joel Ogwuche, a stock broker, projects that Nigeria will be a better society, a well-planned environment where people can begin to make plans for the future. “As it is, presently, nobody can plan for tomorrow in this country because of several policy summersaults. Those in authority change the existing policies at any time and introduce new ones without even notifying the citizens. Nobody can make a sustainable plan in this type of environment. So, I expect that in the coming year, our leaders will begin to do the right thing for the benefit of the entire citizens and not for a few individuals”, he said.
Miss Grace Moses, a housekeeper, is of the hope that in 2022, security would be a major concern for those in the authority both at the federal and state levels. Grace, an indigene of Kaduna State, working in Port Harcourt, narrated that many people from her state have been forced out of their state and into other major cities around the country where they engage in all kinds of menial jobs to survive. According to her, the prices of food and other commodities are rising daily in the country because farmers have been driven away from villages by Boko Haram militants disguised as Fulani herdsmen and other criminals. She, therefore, expects that in 2022, the problem of insecurity will be given a sincere, adequate attention so that people can go back to their villages.
Jake Baridon, a legal practitioner expects the national and state assemblies to be on the side of the masses and make laws that will benefit the generality of the people instead of being “rubber stamps”. He continued, “I personally will expect the National Assembly to override President Muhammadu Buhari’s veto on electoral bill. The bill, as far as I know, represents the desire of the electorates in the country and it is wrong of Mr President with withhold his assent for the second time for some flimsy reasons. The year 2020 should be a period for us to start seeing vibrant law making, practical separation of power and checks and balances in our nation. These people have been dormant for a long time and it is high time they showed that they can not only bark but that they can also bite.”
He also expects the executive, legislative and judicial arms of government, the police, the EFCC and others bodies to play their respective roles in fighting corruption in Nigeria, adding that the high rate of corruption in the country is disturbing and if nothing is done to check it, the future of the country will be very bleak.
Arinola Moyo, a youth corps member, says she wants to see true leadership in the country, especially at the federal level. In her words: it’s been as if we don’t have a true leader since the current government came on board. Every time you hear the Presidency said this, the Attorney General of the Federation said that, Lai Mohammed said that. You hardly hear from the President, making it seem as if these people are the ones ruling the nation. So, I want to see more effective leadership in the country.
“Government should also do something about the high unemployment rate in the country. Thousands of graduates come out from schools every year without jobs for them. That is why some of them join Internet fraudsters and other bad gangs.
“I also expect federal and state governments to implement the recommendations of the various judicial panels on #EndSARS. This issue is so delicate to be swept under the carpet.” Moyo said.
Christian Chidi is a businessman. He expects that with the issue of COVID-19 being curtailed, life will come back to the business sector in the country. According to him, since the advent of the pandemic two years ago, business has been dull with many oil companies working from home and many private companies folding up.
A housewife, Lady Pep Iroh, is projecting that, come year 2022, adequate attention will be paid to the problem of soot in Port Harcourt which she alleges is causing serious health issues for the residents of the city.
Pastor Godswill Abalagha envisions that the grace of God will be abundant for the nation and the citizens in 2022 to help see them through all difficulties and challenges. He, however, advised Nigerians to turn away from their wicked ways, including stealing government’s money, shedding of blood, kidnapping, corrupt practices and rather seek the face of God.

By: Calista Ezeaku

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…Creates Two New Offices In Govt House

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The Rivers State Governor, Chief Nyesom Wike has announced the creation of two new executive offices to guarantee efficiency and effectiveness of activities at the Government House, in Port Harcourt.
The governor’s action was made known in a statement signed by the Special Assistant on Media to the Rivers State Governor, Kelvin Ebiri in Government House, Port Harcourt, last Monday.
The terse statement reads, “To ensure activities are functioning efficiently and effectively, the Rivers State Governor, Chief Nyesom Wike has announced the creation of the Office of the Deputy Chief of Staff, Government House, Port Harcourt.
“The Deputy Chief of Staff will be in charge of the Logistics, Correspondence of the Governor and Legal Matters.
“Similarly, he has also announced the creation of the Office of the Special Adviser on Aviation”.

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Accelerating Gender Parity In Nigeria

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In virtually all societies, women are in an inferior position to men. Sex or gender determines  more rights and dignity for men in legal, social and cultural situations, These are reflected on unequal access to or enjoyment of rights in favour of men.
There are also the assumption of stereotype social and cultural roles.
In Nigeria, gender inequality has been for decades in spite of modernization and the fact that many females have done better than men in many spheres.
Analysts are convinced that gender inequality is largely influenced by religious and cultural beliefs, as some cultures and religions still hold strongly that women are the weaker vessels created mainly to be home keepers and child bearers.
Analysts are also worried that gender inequality negatively affects status in all areas of life in society, whether public or private, in the family or labour market.
Although the Global Gender Gap Report 2018 by the World Economic Forum (WEF) shows some progress amongst the 149 countries that were indexed, the progress toward closing the gender gap is slow, because it will take 108 years to close the gender gap and another 202 years to achieve parity in the workforce, according to the report.
The report benchmarks the 149 countries on their progress toward gender parity across four dimensions – economic participation and opportunity, educational attainment, health and survival, and political empowerment.
A number of initiatives have been made by corporate organisations and governmental and non-governmental organisations  to address gender imbalance in Nigeria.
One of the latest is the launch of First Women Network  (FWN) by the First Bank of Nigeria Ltd., in commemoration of the 2019 International Women’s Day (IWD).
IWD is celebrated globally every March 8 to recognise social, economic, cultural and political achievements of women.
The celebration is also a call to action for accelerating gender parity.
The global theme for the 2019 celebration is “Think Equal, Build Smart, Innovate for Change” while the theme for the social media campaign is “#BalanceforBetter”.
According to the bank, the FWN initiative is an avenue for career management and mentoring for women to enable them to balance their career with private endeavours.
The aim,  according to the bank, is to address gender gap and increase women representation in its senior and executive levels, as well as encourage women to tap into opportunities and contribute to nation-building.
The bank’s Chief Executive Officer (CEO), Dr Adesola Adeduntan,  explains that First Women Network is targeted at the banks’ staff and customers, among others.
He believes that women can achieve more if given the necessary strategic support, hoping that the initiative
will increase the bank’s productivity and profitability.
Adeduntan notes that the initiative is  also a demonstration of First Bank’s adherence to the Central Bank of Nigeria’s Sustainable Development Goals which mandate increased women representation in all banks.
The sustainable goals require that the financial services sector should adopt a quota system to increase women representation on boards to 30 per cent and that of senior management level to 40 per cent by 2014.
Adeduntan is optimistic that the FWN will address six key area –  career management, personal branding, mentoring, welfare, financial planning and empowerment.
He is convinced that the initiative will address gender disparity at the workplace.
“It is commonly agreed that gender parity is an essential factor influencing the advancement of institutions, economies and societies.
“Studies have shown that gender parity in corporations promotes increased performance and returns on investment.
“The need to invest in composite women empowerment and enhance their contributions at senior management levels to achieve organisational goals cannot be over-emphasised,” the CEO says.
For him,  it is paradoxical that the presence of women in paid employments continues to increase, yet the progression of professional women to positions of leadership and management remains slow.
“Gender gaps persist in economic opportunities and political participation in many countries.
“This is part of the reasons for this women network initiative,” he notes.
The chief executive officer wants employers of labour and the entire society to encourage women to advance, excel and contribute optimally in  workplaces and communities.
Mr Abiodun  Famuyiwa, group head, Products and Marketing Support, promises that First Bank  will continue to promote female entrepreneurship for national growth and development.
“We recognise that promoting female entrepreneurship and independence is key to economic viability of every home in the country,” he says.
 According to him, FWN is a further demonstration of the bank’s commitment to women empowerment after the launch  of FirstGem in 2016.
He is satisfied that FirstGem is providing opportunities for women to achieve their financial goals and aspirations through with access to support funds, free business advice, specialised trainings on business development and insight on business development.
For Mr Lampe Omoyele, managing director, Nitro 121, an integrated marketing communications agency,  points out that courage is important in addressing gender imbalance.
“For gender imbalance to be resolved, there has to be courage, vision, values and character,” he says.
He is convinced that women should  have courage and confidence in taking risks within  organisations.
Omoyele advises that women must not play the victims.
“Ultimately, whether you are a female or male, what is going to sustain you is your character and values.
“You need to have values; character is important in the balance that we live to, and it sustains you as you move into the future,” he adds.
The Chief Executive Officer,  Standard  Chartered Bank, Mrs Bola Adesola, wants women to take advantage of FWN to make their lives better.
 She urges women to aspire to grow in their endeavours and refuse be limited because of their gender, stressing that they should use all resources at their disposal to grow.
 For the bank chief, FWN is not a silver bullet to creating the first female chief executive officer of First Bank, but  about opportunity.
“So, it is important that as women, we take advantage of it,” she urges.
 Ms Cecilia Akintomide, independent non-executive director, FBN Holdings Plc, is dissatisfied that Nigeria is still far in gender balancing.
Akintomide says Nigerian  women are still being restricted from working in some places and owning some property.
According to her, restrictions are rendering 50 per cent of Nigeria’s population –  mainly women –  economically unviable.
 A First Bank customer,  Mrs Ifeyinwa Okoye, lauds the FWN, and urges the bank to ensure that its customers – the secondary target of FWN –  benefit from it.
Okoye describes women as critical to economic growth and development but regrets that many women were lagging behind in their endeavours because of gender inequality.
She wants the banks to enlighten its customers on FWN for maximum results.
 “If you empower a woman, you empower a nation.
“Empowering women is especially effective because the benefits are felt throughout the whole community,” she argues.
Analysts call for more strategic support for Nigerian women to  enhance gender parity.


By: Chinyere Joel-Nwokeoma
Joel-Nwokeoma is of the News Agency of Nigeria.

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