Nation
FG Commences Pilot Phase Of National Vehicle Registry Project
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,says the Federal Government has commenced the pilot phase of the National Vehicle Registry (VREG) project.
Ahmed said this yesterday in Abuja at a sensitisation seminar on understanding the process of VREG, adding that the pilot phase commenced at the Nigeria Customs Service (NCS) Kirikiri Light Terminal.
She said that the registry was powered by interconnected interactions of key agencies, parties and stakeholders whose channels facilitate its robust functionalities.
According to her, the stakeholder relationships that will facilitate the achievement of the goals of the registry include Federal Road Safety Corps (FRSC) and State Revenue Systems’ integration with VREG.
This would be for information interchange on nationwide vehicle registration, ownership, history and for proper road traffic regulation and violation enforcement.
“Providing the NCS with guidance in all clearing, duties, registration and redistribution of vehicles, targeted at ensuring that all vehicles are trackable, taxable and generate more revenues.
“The integration of the National Insurance Commission (NAICOM) onto VREG for aggregation and regularisation of vehicle insurance across the country.
“Communication between Central Bank of Nigeria’s (CBN) moveable asset registry and VREG to provide dynamic records of vehicular assets, thus boosting lend ability to Nigerians.”
Ahmed said that the Nigeria Police Force and security agencies such as the Office of the National Security Adviser would be integrated to facilitate robust nationwide vehicular tracking, comprehensive theft and other vehicle-related crimes reporting.
She said that a recent study revealed that between October 2018 and September 2019, Nigeria recorded over N1.8 trillion value of used vehicle importation.
According to her, it was further revealed that Nigeria was the hub of stolen vehicles as Vehicle Identification Number (VIN) of vehicles in the country were usually unregistered and could consequently not be traced.
Ahmed said that to address these challenges and in line with the Strategic Revenue Growth Initiative of the federal government, the ministry conceived and introduced VREG Automated Gateway Portal to leverage on technology infrastructure.
This was with an objective to maximise revenue generation for the country and enhance national security such as curtailing kidnapping, utilisation of vehicles in crime perpetration and terrorism.
According to her, the project will serve as a single source of validation at the point of vehicle registration while capturing and storing all vehicular information over the life cycle of every vehicle for the purpose of effective motor vehicle registration.
She added that it would ensure the enforcement of penalties placed on vehicles by regulators across board, ensure accurate monitoring, documentation and tracking of vehicular activities across the nation.
Rivers state Deputy Governor Professor Ngozi Nma Odu has commended “The Port Harcourt City One Love,”a Port Harcourt based humanitarian orgnisation For it’s commitment towards alleviating the sufferings of the poor and vulnerable in the society.
Professor Ngozi Nma Odu said this while speaking at this year’s edition of “operation feed the needy” a yearly outreach program of “The Port Harcourt City One Love ” in Port Harcourt.
The Deputy Governor said by feeding more than sixty thousands hungry people within the past six years, the Port Harcourt City One Love Movement has distinguished itself as a club that cares for the less privilege in the society.
She commended the , organization for listing eleven thousand persons to be fed in the current exercise.
Meanwhile The Port Harcourt City One Love has planned a permanent solution to the problem of feeding the poor in the state.
The leader of the group Mr Idaere Gogo Ogan who said this in an interview with newsmen during the distribution of food items to the poor and vulnerables in Port Harcourt said the organization is planning a permanent food kitchen where poor and vulnerable persons can work in anytime and get fed.
Idaere Gogo Ogan said more than sixty thousands poor and vulnerable persons across Port Harcourt City and environs have been fed since the inception of “The operation feed the needy” program six years ago,adding that so far sixty thousands poor and vulnerable persons have beneffited.
He described the group as a platform to promote friendship, brotherhood, community development empathy and feeding the less privilege and hungry people
“That’s what we are doing today here,so we started the exercise six years ago”.he said.
Ogan said the effort was a private sector driven initiative but added “it also involves people in Government because the platform does not recognize any division,we bring everybody together in unity , friendship and brotherhood”he said.
He said the effort will go along way in alleviating hunger especially following the prevailing hunger in the country.
According to him “you know the country is very tough, people are hungry people are starving, there is a whole lot of economic hardship,so for us, this is just our own way of reaching out, our own social contribution to what is very difficult”he said.
Over eleven thousand persons were fed in the just concluded exercise.
Areas of coverage include, Isaac Boro park, Port Harcourt prison/Macoba, Borokiri/Enugu waterside Bundu areas Waterlines and others.
Some of the beneficiaries including an 80 years old widow commended the movement for the annual programm and urged other organizations to emulate them
John Bibor,/Esuuk Oyet/Suotor Memoye /Jeremiah Hannah
Nation
We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.
“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.
Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.
-
Featured5 days agoWASSCE: RSG Distributes Science Materials To Secondary Schools
-
News5 days ago
Xenophobic Attacks: Nigerian Lives More Important Than Foreign Investment – Oshiomhole
-
Rivers5 days ago
MBA Forex Trial Adjourn To June 3, Amid Bereavement … As Court Declines Cost Application
-
News5 days ago
ActionAid Demands Probe Of Govs Using Public Funds For Campaign
-
Aviation5 days ago
Passengers Stranded As Delta Airline From Atlanta Route Back Eight Hours After
-
Business5 days ago
Customs Impound N2.35bn Cocaine, 15 Trailers of Rice
-
Politics5 days ago
2027: Bayelsa Senator Gets Critical Endorsement For Second Term
-
Politics5 days agoINEC Sets Rivers South-East Senatorial By-Election For June 20