Business
House Committee Promises Early Passage Of Cyber Security Bill
The House of Representatives Committee on Information and Communication Technology (ICT) last Thursday said it would work towards the early passage of Cyber Security Bill before it.
Rep. Ibrahim Gusau, the Committee Chairman, said this in Lagos at the 2012 Nigeria Digital Sense Forum with the theme “Internet Governance and Mobile Economy in Nigeria”.
Gusau said that the passage of the bill was necessary in view of the cash-less policy recently introduced by the Central Bank of Nigeria (CBN).
“As at today, there is no law protecting electronic transactions in Nigeria. ‘We are working hard on the cyber security bill and before the end of our tenure, the bill will scale through,” he said.
Mr Lanre Ajayi, the Managing Director of PiNET Informatics, said that the bill had been with the house for a long time.
“It gladdens the heart to know that the committee had taken the bill into consideration and we are working toward its passage,” he said.
Ajayi said that without passage of the bill, there would be poor e-commerce experience in Nigeria.
He said that lack of cyber security law would make citizens of other countries fear engaging Nigerians on online businesses.
Business
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Business
Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
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