The Vice President, Prof Yemi Osinbajo has said that President Muhammadu Buhari-led government was ready to grow Nigeria’s economy.
He said this, yesterday, during a webinar with some French business leaders under the auspices of the Franco-Nigeria Chamber of Commerce and Industry.
Osinbajo said that a major feature of Nigeria’s economic response to the Covid-19 pandemic as indicated in the Economic Sustainability Plan, has been the openness to new and creative ideas.
This, according to him, is all in a bid to save jobs, protect businesses, and attract new investments.
The Vice President noted that part of what the Buhari administration had done in its response to the pandemic was to “build a business environment that will be supportive of domestic and foreign investors.”
“It is important to recognize that the pandemic, which really is the cause of the downturn, not just in the Nigerian economy, but practically all of our economies, all over the world, except perhaps China, also provides incredible opportunities for doing all manner of very innovative, and creative things.
“And I think that we are in a season where we are ready to experiment and ready to do a lot more. And if you look at our Economic Sustainability Plan, which is our response to the pandemic, what we tried to do was to do a few things that we thought would be game-changing.”
Continuing, he said, “for example, one of the important things that we are trying to do with respect to renewable energy is with solar power. We are collaborating with several solar power companies to provide, within the next 12 months, five million Nigerian households with solar home systems.
“This is partly to address the issues with the national grid by providing more off-grid capacity and provide more opportunities in the renewable energy space. What we are doing is to get the financing through the Central Bank of Nigeria as part of the Economic Sustainability Plan.”
Speaking on the issue of backward integration and citing the example of Fan Milk Plc, Osinbajo said private sector commitment need to align with the Federal Government’s backward integration policy.
“I am glad to hear that you are already doing 1.5million litres of milk in Ogun State,” Osinbajo noted, adding, however, that there is still a lot more to be done.
“For us, the issue of backward integration is right, front and centre, and it has been so for many years. We believe that aggressive pursuit of it is really important for us as an economic policy.
“And the most important thing, as I said, is that we are committed to backward integration. Unfortunately, over the years, many companies have committed to backward integration but have simply not been as diligent and faithful with those promises.
”So, we really want to see the much greater commitment and a plan that is as aggressive as our own aspirations.”
Participants at the forum include, Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; the Executive Secretary and CEO of Nigerian Investment Promotion Commission (NIPC), Mrs Yewande Sadiku; the French Ambassador to Nigeria, Mr Jérôme Pasquier; Chairman of the Board of the Franco-Nigeria Chamber of Commerce and Industry, Mr Usman Mohammed, representatives of some French companies operating in Nigeria, including Total Nigeria, Air France, Kwik Delivery, among others.
Only Your Votes’ll Decide Fate Of Candidates, INEC Reassures Nigerians
The Independent National Electoral Commission (INEC) has reassured Nigerian voters that only their votes will be the sole determinant of the winners among the 15,322 candidates nationwide contesting in next year’s general election.
The commission reiterated its commitment to ensuring that it delivers a credible, free and fair election, reassuring that the votes of the electorate will definitely count.
INEC Chairman, Prof Mahmood Yakubu, gave the assurance in his keynote address at the Annual Conference of the Guild of Corporate Online Publishers, held in Lagos, yesterday.
He admitted that with the lifting of the ban on political campaigns, the tempo of political activities has increased with parties, candidates and their supporters commencing campaigns, rallies, processions and media advertisements to canvass the support of the electorate.
The chairman, however, warned that the commission will pay particular attention to the conduct of parties, candidates and their supporters, stressing that as the regulator, it will play its role to ensure compliance with the provision of the law as well as our guidelines and regulations.
“The 2023 general election is fast approaching. It is now 141 days to Election Day. Polling Units will open at 8:30 am on Saturday, February 25, 2023, for national elections (Presidential and National Assembly) and the same time on Saturday, March 11, 2023, for state elections (governorship and state assembly).
“Campaign in public by political parties officially commenced on Wednesday, September 28, 2022. Therefore, the tempo of political activities has increased as parties, candidates and their supporters commence campaigns, rallies, processions and media advertisements to canvass the support of the electorate.
“The commission has published the final list of 15,322 candidates for the General Election contesting for 1,491 seats (one Presidential, 28 Governorship, 109 Senatorial, 360 House of Representatives and 993 State Assembly constituencies).
“I wish to restate once again the commitment of INEC to credible elections. Votes will continue to count and will be the sole determinant of the electoral outcome,” he assured.
The electoral umpire boss further explained that technological innovations introduced by the commission will guarantee and protect the sanctity of the choice made by Nigerians at the polls.
“For this reason, the commission has introduced many new innovations, supported by the deployment of appropriate technology, to protect the sanctity of the choice made by Nigerians at the polls ranging from voter registration to voter accreditation and result management,” he said.
“The deployment of the Bimodal Voter Accreditation System (BVAS) with its dual fingerprint and facial biometric accreditation process has ensured that only genuine voters are accredited to vote during election. This has curtailed the incidence of multiple voting and other sharp practices associated with voter accreditation during elections.
“The BVAS has come to stay and will be the only means by which voters will be accredited in the 2023 general election.
“Furthermore, the introduction of the INEC Result Viewing (IReV) Portal has made the result management procedure more transparent. Polling Unit results are now uploaded in real-time to the IReV portal for public view.
“This has enhanced the transparency, credibility and consequently public confidence in the outcome of elections. The IReV has come to stay and polling unit results will be uploaded to the portal in real-time in the 2023 general election,” he said.
Yakubu further emphasised that; “as campaigns commence, I also wish to remind political parties and candidates that you all signed the Peace Accord organised by the National Peace Committee (NPC) in which you committed yourselves to peaceful electioneering campaign. I urge you to be guided by the letter and spirit of the accord.
“For our part, the commission will pay particular attention to the conduct of parties, candidates and their supporters. As a regulator, the commission will play its role to ensure compliance with the provision of the law as well as our guidelines and regulations.
“We will pay particular attention to a peaceful campaign devoid of abusive, intemperate and slanderous language as well as the use of innuendoes or insinuations likely to provoke a counter-reaction resulting in the breach of the peace.
“Similarly, we will pay special attention to the observance of limits on party and candidate finance. I urge political parties and candidates to carefully study the provisions of the Electoral Act 2022 and familiarise themselves with their obligations as well as the penalties under the law.
“As you are aware, elections are a multi-stakeholder activity. As the commission is doing its best to ensure a credible process, we also appeal to the media for a continuous partnership. Managing the electoral process for credible outcomes is the responsibility of all of us. As campaign activities get underway, the media will continue to play an important role. A lot of the activities will take place in the media of which the new media is a critical player.
“We must continue to work together against the spread of fake news, misinformation and disinformation that seek to create or exacerbate tension or de-legitimise processes and outcomes,” Yakubu charged.
2023: Era Of Ballot Box Snatching Over, Banigo Insists …Lauds Wike For Reappointing Danagogo
Rivers State Deputy Governor, Dr. Ipalibo Harry Banigo, has expressed gratitude to Governor Nyesom Wike for the reappointment of Dr. Tammy Danagogo as Secretary to the State Government.
Banigo stated this during a meeting with leaders and critical stakeholders of the Peoples Democratic Party in Akuku-Toru Local Government Area at the Government House in Port Harcourt, yesterday.
The deputy governor, who congratulated Danagogo for his re-appointment, described the re-appointment as well-deserved.
Banigo said she does not take lightly the call to represent Rivers West at the Senate, and noted that her kind of representation at the Upper Legislative Chambers would bring glory to God.
“I encourage you to tell your people to collect their PVCs, because this time around the votes will count, as the new Electoral Act does not allow what they did in 2019, they cannot try it as nobody can carry ballot boxes”, the deputy governor stressed.
In a related development, Rivers State Deputy Governor, Dr. Ipalibo Harry Banigo, has commended leaders of the PDP in Ahoada West Local Government Area, for keying into the Divine Kingdom Mandate.
Banigo made this commendation while meeting with them at the Government House in Port Harcourt, yesterday, preparatory to the commencement of her campaigns in the upcoming elections.
She motivated the people to exercise their franchise, by collecting their PVCs to vote for credible candidates of the PDP.
“They should come out and vote, because this is our opportunity to chase out this bad All Progressives Congress-led government at the federal level, as they have brought so much untold suffering, untold hardship, bloodshed and kidnapping. We have seen the developmental strides of our governor so much development is going on in Rivers State, and we are poised to give you more”, Banigo added.
Wike Signs Instrument To Withdraw Omehia’s Recognition As Ex-Gov, Today …Re-Appoints Danagogo As SSG
The Rivers State Governor, Chief Nyesom Wike, will today sign the official instrument to withdraw the recognition of Sir Celestine Omehia as former governor of the state.
A statement signed by the Special Assistant on Media to the Rivers State Governor, Kelvin Ebiri, yesterday, said that the ceremony would “take place at the Government House, Port Harcourt, on Friday, 7th October, 2022 by 12 noon”.
The statement further read, “His Excellency, the Governor of Rivers State, Chief Nyesom Wike, is to sign the instrument on cancellation of the recognition of Sir Celestine Omehia as a former governor of Rivers State.
“The cancellation of the recognition is sequel to the resolution of the Rivers State House of Assembly adopted on Thursday, October 6, 2022, to derecognise Sir Celestine Omehia as a former governor of the state”, the statement added.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike, has approved the re-appointment of Dr Tammy Danagogo as the Secretary to the State Government.
A statement signed by the Special Assistant on Media to the Rivers State Governor, Kelvin Ebiri, last Wednesday, said that “the appointment takes immediate effect.”
It added, “His Excellency, the Governor of Rivers State, Chief Nyesom Wike, has approved the re-appointment of Dr.Tammy Wenike Danagogo as the Secretary to the Rivers State Government (SSG).”
Maritime5 days ago
ITF Assures MWUN Of Sacked Dockworkers Reinstatement
Business4 days ago
FG Backs Ondo Deep Seaport Take-Off
Nation4 days ago
Nigeria @ 62: Corruption, Insecurity Bane Of Nation’s Economy-Stakeholders
Business3 days ago
Europe’s Declining Workforce, Opportunities For Nigeria – PwC
Nation3 days ago
Kwara Not Deducting Teachers’ Salary -NUT
Business9 hours ago
Sambo Assures On $350m Cabotage Fund Disbursement
Sports8 hours ago
Rivers United, Wydad AC Clash: CAF Unveils Match Officials
News5 days ago
Nigeria’s Foreign Portfolio Deficit Drops By N14.5bn