Nation
ICPC Harps On Capacity Building To Improve Int’l Negotiations
The Independent Corrupt Practices Commission (ICPC) has called for an improvement in Nigeria’s capacity to protect its interests during economic negotiations with other countries.
Chairman of the commission, Prof. Bolaji Owasanoye, made the call at the opening of a two-day workshop on mitigating illicit financial flows, in Abuja, Monday.
The theme of the workshop was ‘Capacity Building For Nigeria’s Negotiators For Improved Terms Of Engagement With Rest Of The World’.
Owasanoye said those representing Nigeria at international negotiation tables needed to hone their skills to get good deals for the country, especially in sectors and areas with positive multipliers.
While stressing the need to focus on capacity building to improve negotiation skills especially in the trade and investment sector, the ICPC boss said this would impact on the economy and the well-being of Nigerians.
“Nigeria requires trade and investment to grow the economy. To attain this objective, Nigeria must have the potential to harness capital and technology in a manner that is not inimical to development’’, he said.
He told participants that once agreement was reached on any issue, the agreement must be binding and respected no matter how inequitable it might be to any of the parties.
According to him, the workshop is to build the capability of those who negotiate different kinds of contracts through which corruption takes hold.
“The workshop is designed to help middle level and senior officers who negotiate agreements in specific areas such as in oil and gas, trade, investment, environment and taxation.
“This is to prepare them to know what to look for to protect national interests and also to help the country to avoid deleterious clauses that lead to capital flight’, he said.
Owasanoye noted that there were examples where negotiators signed clauses that were not implementable and the country was penalised for breaching agreements, adding that such agreements ended up in arbitration and disputes whereas those responsible had had their palms greased by the other parties.
He regretted that international trade agreement structures erected years ago were skewed to the advantage of colonialists, stating that Nigeria must align with one of the ideals expressed recently by South Africa’s former President Thabo Mbeki championing the need to build capacity to combat illicit financial flows.
He acknowledged the support of Ford Foundation in organising the workshop, saying “the Foundation continues to demonstrate unquestionable commitment to the development of Nigeria through support for the civil society and selected government institutions”.
In his remarks, the Chairman, Inter-Agency Committee On Stopping Illicit Financial Flows, Dr Adeyemi Dipeolu, said it was necessary for Nigeria to develop a crop of officials skilled in international negotiations in general as well as in key thematic sectors.
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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