…Tasks Members To Exert Their Wealth of Experience Towards Building Virile Firm that Can Attract Investments, Boost Economy of Gombe
…Says ” Our Administration Has Already Prepared Grounds for Smooth Take Off of Any Investment”
Gombe State Governor, Muhammadu Inuwa Yahaya has challenged members of the newly inaugurated Board of the Gombe State Investment and Property Development Company to exert their individual wealth of experience towards building a virile firm that can attract investment and boost the economy of the State for the benefit of the people.
Governor Inuwa Yahaya stated this at the inauguration ceremony of the Board which took place at the Council Chamber of the Government House.
The Governor noted that the delay in constituting the Board was informed by the need for due diligence and what he described as a reconnaissance strategy to get the best hands that can win for the company and the state in general.
Governor Inuwa Yahaya said his decision to form such a team of impeccable personalities was hinged on the need to retrace the steps of the company by looking at where it was, what it is and the projections to catch up with current realities.
“All of you are men that are tested and trusted who have served in a lot of places and have what it takes to take Gombe State Investment and Property Development Company to the position it should be and I know you can do it”.
He said the appointment of members was devoid of political consideration because of his firm believe that anyone who can contribute to the growth and development of the state will always be welcomed by his administration irrespective of his political affiliation.
“Within them I know that no less than a trillion of the Nigerian naira is being managed and you all know what that means to the Nigerian economy, so I enjoin you to bring it home and give back what you have taken from the society so that our people can feel the impcat of governance”.
The Governor explained that his administration has performed reasonably well in terms of preparing the grounds for the smooth take off of any investment, adding that Gombe State Government under his leadership has set up the State Revenue Optimisation Company and boosted the state capacity to generate revenues, making it now second in revenue generation within the North East.
He noted that reforms towards the self sufficiency of the state can be difficult but that his administration remains resolute towards enhancing and building the economic capacity of the state so that it does not have to depend on Abuja for statutory allocation.
“My dream is that Gombe State may soon not rely on the federation account for its survival because that was the dream of our elder statemen and we must keep such dream alive”.
He lamented that about 85 percent of the State allocation from the Federation account goes to payment of salaries, leaving a paltry 15 percent to carter for a population of about 3.5 million people. He added that the financial weight for the lesser few is outrageous to those in greater number.
Governor Inuwa Yahaya said his administration has equally done credibly well in encouraging small and medium scale enterprises through the recapitalization of the state’s micro finance bank, the provision of soft loans to small business owners as well as the construction of road networks at the Gombe Industrial cluster in BCGA among others.
He said with the economic driven efforts so far put in place by his administration and the coming on board of the members of the state Investment and Property Development Company the sky can only be the starting point for the state’s quest for economic freedom.
The Board chairman of the Gombe State Investment and Property Development Company, Dr. Umaru Mohammed Kwairanga thanked Governor Muhammadu Inuwa Yahaya for giving them the opportunity to play their part towards the social and economic growth of the State.
He said the anticipated turn around of the Gombe State Investment and Property Development Company is coming at a time of a general realization that the days of states depending on federal allocation for their developmental purpose is coming to an end.
Dr. Kwairanga noted that with the economic impact of the covid-19 Pandemic and the ever increasing population of the state, depending on Abuja for allocation may no longer be sustainable.
He said the Board will engage with multinational corporations within and outside the country so that they take advantage of the human and natural resources of the state, especially now that Gombe is one of the most peaceful states in the country and the number one in ease of doing business.
“Our major task as a body therefore is to reinvigorate the company through necessary policies, actions and collaborations that will enable Gombe State Investment and Property Development Company position to change the development narrative of our state”.
“We intend to put the necessary strategies and frameworks in place to actualize such notable projects as the Gombe State Industrial Park and special development zones in the three senatorial zones.
“We will pursue collaborations with private investors such as Nestle, Cadbury and Flour Mills plc as well as government and multilateral institutions such as the Nigerian National Petroleum Corporation, Nigeria Export Processing Zones Authority, Nigeria Investment Promotion Commission, Islamic Development Bank, Dangote Group as well as the African Development Bank, the International Finance Corporation and UNIDO”.
It will be recalled Governor Muhammadu Inuwa Yahaya had recently constituted the Board of Gombe State Investment and Property Development Company and appointed Alhaji Umaru Muhammad Kwairanga ( Sarkin Fulanin Gombe) as Chairman with Mu’awiyya Umar Faruq as Managing Director.
Members of the board are Alhaji Yidi Sambo Dukku, Mr. Benson Yahaya,Alh. Hamza Sulei Wuro Bokki, Alh. Sadiq Mohammed and Alh. Abdullahi Ali Gombe. Others are Alh. Adamu Sambo, Alh. Awwal Musa Bashir, Mal. Yila Sa’idu Mohammed and Mr. Anthony Yaro.
Refineries Not Created To Reduce Petrol Price, Kyari Tells Senate
Forty eight hours after being summoned by the Senate, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has now appeared before the joint committee on appropriations.
The Senate had issued a 24-hour ultimatum on Wednesday to the NNPCL boss after an observations that he had in previous occasions, shunned summons by the Senate to appear before its ad-committee probing over 11 trillion naira expenditure on turn around maintenance of refineries in the country between 2010 and 2023.
Responding to questions by the senate committee on appropriations on the potential drop in pump price of petroleum owing to the expected functionality of refineries, Kyari clarified his comment after he was interrogated again. He explained that it might be possible to have a reduction, but it is not the main objective of the refineries.
He buttressed that maintaining the energy security target has fostered the confidence that in 2024, Nigeria will become a net exporter of petroleum products.
The NNPCL boss affirmed that no subsidy is charged to the federation, adding that the NNPC has contributed 4.45 trillion naira as direct revenue into the federation in a combination of taxes, royalties and dividends and paid 406 billion naira as dividend to Federal Government’s account from July 2023.
According to him, Nigeria does not have credible data for PMS consumption in the country because of the absence of the instrument to measure.
The Chairman of the Senate Appropriation Committee, Senator Adeola Olamilekan, had on Wednesday, directed Kyari to appear before the committee in 24 hours.
Olamilekan, who asked Kyari to appear in company of the Executive Secretary of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), warned that failure to appear undermines the legislature and sabotages the process.
They are required to present the list of all individual companies operating with OML licenses in Nigeria as well as total production output approved on a daily basis.
The lawmaker expressed concerns that some of the revenues required to drive the 2024 budget was attributed to the NNPCL, which according to him, was owned by the Federal Government and responsible to it, and by extension the three arms of government. Channels TV.
Labour Leaders Meet To Work Out Living Wages
Ahead of the expected resumption of negotiation between the Federal Government and the organised labour on the new Minimum Wage, the Nigeria Labour Congress, NLC, is meeting in Abuja to brainstorm so as to arrive at a living wage that is commensurate with the prevailing cost of living.
This came as the NLC has vowed not to be deterred by the recent assault on workers and their leaders in Imo State, which it said poses a grave threat to freedom of association and collective bargaining as enshrined in the 1999 Constitution of the Federal Republic of Nigeria as amended and the ILO Conventions 87 and 98 on Freedom of Association and Collective Bargaining.
These were contained in the welcome address by the NLC President, Mr. Joe Ajaero, at the Opening Session of the NLC 2023 Harmattan School with the theme: “Building Workers’ Skills for Policy Engagement” in Abuja.
Ajaero, represented by the Congress Deputy President, Benjamin Anthony said: “In the face of adversity and brutality encountered while advocating for the rights of workers to earn their legitimate income and benefits, our resolve remains unwavering. We are motivated to continue our efforts towards achieving decent work and improving working conditions in the formal and informal sectors of the economy.
“The recent assault on workers and their leaders in Imo State poses a grave threat to freedom of association and collective bargaining as enshrined in Section 40 of the 1999 Constitution of the Federal Republic of Nigeria as amended and the ILO Conventions 87 and 98 on Freedom of Association and Collective Bargaining, and should unequivocally be condemned by all people of goodwill.
“The only thing that can assuage our pains is for the Imo State Government to address all labour issues and return the so called ‘ghost workers’ to their jobs, pay all outstanding salaries and pensions and call back all victimized workers to their jobs.
“It has become very necessary for governments at all levels to recognize that life and living conditions are exceedingly difficult, especially for working people in both the formal and informal sectors of the economy.”
“The removal of subsidy on petroleum products has further exacerbated the challenges faced by working people, unleashing severe pain and contributing to galloping inflation and increasing inequality and poverty.
“We must reckon that a well-motivated and well-remunerated workforce has a positive impact on productivity and national development,” he added.
He implored participants to approach the training programme with a quest and thirst for knowledge through asking of questions and sharing of experiences with the facilitators and with one another.
He thanked the representative of the Minister of Labour and Employment, the Country Director of the ILO for the English Speaking, West African Countries, the Director General of the Nigeria Employers’ Consultative Association, NECA, the Resident Representative of the Friedrich Ebert Stiftung, FES, Country Director of the Solidarity Centre, members of the NAC, CWC and NEC of the NLC for finding time to attend the Opening Session of the 2023 School.
Operatives Of NDLEA Uncover Illicit Drugs Concealed In Dolls, Local Soap, Milo Tins
Operatives of the National Drug Law Enforcement Agency (NDLEA) have uncovered illicit substances bound for Europe, United Arab Emirates and Asia.
Disclosing this in a statement on Sunday, NDLEA spokesman, Femi Babafemi, said the illicit substances intercepted included various quantities of methamphetamine and opioids concealed in hems of new jeans trousers, dolls, buttons, local soap and tins of milo beverage.
Noting that the operation was carried out by operatives of the Directorate of Operations and General Investigation (DOGI) at courier houses in Lagos, he said some of the items seized included tramadol 225mg concealed in hems of new jeans trousers heading to Cyprus; shipment of cannabis sativa hidden in heads of dolls going to Dubai; sachets of tramadol 225mg buried in tins of milo beverage going to UAE; and another set of same drug hidden in local soap also going to UAE.
Others were a consignment of methamphetamine concealed in buttons heading to Hong Kong; and a shipment of another illicit substance coming from Florida, USA.
“Operatives in Lagos on Friday 1st December also arrested a drug kingpin, Okechukwu Ogala, 56, who specialises in exploiting and recruiting young citizens to export meth to Asian countries.
“He was arrested at Blue Moon Hotel in Okota area of Lagos with 60 wraps of methamphetamine weighing 1.009 kilograms.
“In another operation in Lagos, operatives on Friday 1st December recovered 393kgs of cannabis in a shop at Akala, Mushin while a suspect, Justin Enuonye, who deals in Canadian Loud was arrested by the police at Victoria Island and transferred to Lagos Command of NDLEA on Friday 1st December with 154 parcels weighing 92kgs.
“A team of NDLEA operatives also intercepted a vehicle at Oyingbo area of Lagos and recovered 108kgs of cannabis from it, while 675 kilograms of the same substance were recovered from the store of a wanted dealer, Wahab Olota at Adedoja area of Mushin, Lagos,” Babafemi said. Channels TV.
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