Nation
FG Assures On Proper Management, Appropriation Of Forfeited Assets
The Solicitor-General of the Federation (SGF) and Permanent Secretary, Ministry of Justice, Mr Dayo Apata, SAN, has said that the Federal Government will ensure that no forfeited asset is misappropriated or mismanaged.
Apata made the assertion yesterday in Abuja in his capacity as Chairman of the Inter-Ministerial Committee on the disposal of assets forfeited to the Federal Government.
Speaking at a media briefing, the solicitor-general said that the committee would discharge it’s duties judiciously to ensure transparency and accountability in the disposal of forfeited assets.
“The committee remains highly committed to ensure a radical departure from the past by ensuring that government receives adequate value for forfeited assets and also to ensure that the assets are neither misappropriated nor mismanaged but are dealt with for public good,” Apata said.
The permanent secretary added that the composition of the committee was broad-based and represented all relevant stakeholders’ interest saying this would guarantee efficiency and adherence to due process in the disposal of the assets.
“The composition of the committee reflects a fair spread across relevant MDAs.
“ It is interesting to note that the composition of the committee cuts across institutions not only involved in asset recovery but also institutions with special skills, competences and oversight of security over the assets.”
According to him, the committee holds sacred the twin features of transparency and accountability paramount in the discharge of the national assignment of disposing assets forfeited to the Federal Government.
“Accordingly, members have executed declaration of conflict of interest and non disclosure forms, the first time in Nigeria,” he said.
He noted that the committee had so far, collated and was still updating the list of assets that had been finally forfeited to the Federal Government, adding that the assets were currently situated in 25 locations across the country.
He maintained that the committee was guided by the Asset Tracing, Recovery and Management Regulations, 2019, Standard Operating Procedures and it’s terms of reference.
Apata gave the assurance that the committee was working to complete it’s assignment within the six months’ time frame as spelt out in the presidential directive.
He listed some of the forfeited items to include: landed properties, plants, machinery, vehicles, electronics, furniture and equipment.
Others are: water vessels, jewelry, ornaments and clothing materials.
Nation
Rivers Deputy Governor Hails PH City One Love For Humanitarian Gesture
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
Nation
SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs
“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.
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