Nation
Local Electronic Card Industry May Save Nigeria $300m Import Bill
Nigeria may be saving about $300million annually with local manufacture of electronics card as bank cards alone gulp about $36million.
This was disclosed by the Managing Director of one of the few electronic cards manufacturing firms in sub-Sahara Africa, Electronic Payplus Limited, Bayo Adeokun.
Speaking to some media operatives at the backdrop of commencement of operations at its multimillion dollar new manufacturing installations, Adeokun stated, “Bank cards alone is about $36million every year prior to our intervention. I have not done the cost of SIM card; I have not done the cost of tax card by Lagos State Government for instance and other states that are now coming up with that; I have not talked about the national ID card and I have not talked about the voters card. By the time you put everything together in terms of dollar you will be talking about $300million savings for the country.”
Calling on the Federal Government to take steps to protect investments in the card industry, he stated further, “In this period that remittances from abroad is going down, crude oil revenue is coming low and all of that the government really needs to make a lot of savings in terms of foreign reserves.”
He also harped on the employment value the industry adds to the economy saying, “Prior to this (commencement of its new production lines) Electronic Payplus had about 100 staff. Now, we are up to 150. So, we are also generating employment. I mean, if you look at the nature of Nigeria, those 50 staff, each of them has dependence, so, we are talking of additional 500 or more that we are catering for.”
Giving details of the company’s new production capacity, he said, “We can do any smart card. So, the purpose is to extend it to every area of the economy. I showed you national ID card downstairs we produce for Nigeria. So, we are known to the government. Now, when the present administration came in they said there is no money to finance the production of that again. So, they said they want to go into digital ID card. We are also playing in that space because we have the license.
“We presently enrolled Nigerians in Diaspora. We do local enrollment that is currently ongoing as well. We have the license to produce that. We also are presently working with the Lagos State Government because they want to roll out what is called residency card which is also going to be a payment card. So, we are going to service all the industries.
“We are also talking to telecommunication companies on the possibility of supplying their SIM cards as well.
“Also are looking beyond Nigeria. We have customers all over Africa. All the banks in Gambia we produce all their cards, for instance. We have customers in Ghana, Guinea, Cameroun, Uganda and Kenya.”
On the impact of the company’s new production facility upgrade, he said, “What we have done is 60 million production cards per annum capacity. But the idea is all about improved turn around that we can offer because, today if you give me an order of one million cards, I can deliver it within a week. I can even deliver 250,000 per day to you. So, we believe that, that will be a game changer for us, and in addition we are now able to scale up our capacity utilization as well”.
The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) has called on the Management of Niger Delta Development Commission NDDC to embark on the water projects in Buguma city in Asari Toru Local Government Area, Rivers state
The Group called on the Rivers state government to revamp the Buguma fish farm to create employment for the teeming youths
On the water project in Buguma, MOSIEND said the population of Buguma has increased tremendously as the residents need more water projects to enhance the daily livelihood of the people
The Group also appealed to the Chairman of the council to assist in making the project a reality and attracts more developmental projects to the city
This call was on Rhythm 93.7 FM Port Harcourt, Radio program, Talk of the Town, by MOSIEND Eastern Zonal Coordinator of MOSIEND Half Hour Comrade Tammy Bruce Longjohn alongside Mark Ojuka,Chairman of Buguma and Hon Sandra Owunari JP Chairman Obuama and monitored by our correspondent
Comrade Ojuka also called on the Management of Liquidifed Natural Gas NLG to embark on a free medical outreach in all Kala bari communities to improve their health status
He appealed to LNG to award scholarship to indigens of Kalabari communities in tertiary institutions to better their education, noting the company is doing same in Bonny, abandoning Kalabari communities
“We need contracts, free medical, scholarships and employment including skill acquisition programs for our teeming youths in Kalabari extractions ”
On Security, Mark Ojuka said security in Buguma is at zero level with the help of the Ama Ma soldiers the city is more peaceful and investors friendly as the youths of area have cordial relationship with the security agencies in the area
“Security is very secured in Buguma clan”
He called on the Rivers state to revamp the Buguma fish farm to create employment for the teeming youths
“The youths are asking for human capacity building in the area to reduce unemployment”
“The revamping of the Buguma fish farm will also reduce youth violence”
Also Speaking, Eastern Zonal Coordinator of MOSIEND Half Hour Comrade Tammy Bruce Longjohn called for more improve in infrastructures in Kalabari community, especially in electricity
There is little improvement in terms of electricity in Buguma city
He decried the deplorable condition
of Buguma Health Centre, saying that the hospital is near functional
“Our sisters that are pregnant and our sick parents can not access the health centre for a better treatment ”
Describing the Health Centre as an eye saw, he called on Rivers state government and Buguma Local Government chairman Hon William to improve on facilities in the centre and make it more medically accessible to the sick persons in the area
Buguma, Tammy Bruce said is the spiritual headquarter of Kalabari people as such deserve more modern facilities from the government to improve lives
The Coordinator called on government, stakeholders and oil companies to assist and improve the poor infrastructural facilities in area
“We need first class hospitals, qualified medical doctors and nurses in the health centres and hospitals”
On the oil spilled in Obuoma Chairman MOSIEND Obuoma, Hon Sandra Owunari said the spill destroyed their crops and Rivers even polluted their only source of drinking water
She expressed displeasure that Rivers state government did not send any relief materials to the people in the affected community
On Chieftaincy title to women in Obuama, Hon Sandra Owunari said the community do not install Chieftaincy title to women, saying that Chieftaincy title is only reserved for men only in the community
CHINEDU WOSU
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