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NORTH-WEST GOVERNORS VISIT IKOYI COLLAPSED BUILDING SITE  

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Ikoyi Collapsed Building site
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•Commend Sanwo-Olu for instituting tribunal of inquiry

North-West governors on Wednesday paid a condolence visit to Governor Babajide Sanwo-Olu over the Gerrard Road, Ikoyi building collapse, which killed over forty persons few weeks ago. The Governors also sympathised with the people of the State and families of those who died in the unfortunate incident.

The North-West Governors Forum represented by its chairman and Kastina State Governor, Rt. Hon. Aminu Bello Masari and his Kano State counterpart, Dr. Abdullahi Ganduje, commended Governor Sanwo-Olu for setting up a Tribunal of Inquiry into the collapsed building.

It would be recalled that a 21-storey building, still under construction, collapsed on Monday, November 1 at Gerrard Road, Ikoyi. Fifteen people survived while 45 people died in the unfortunate incident.

Speaking during the visit to the Collapsed Building, Masari, who was accompanied by Governors Ganduje and Sanwo-Olu, said they are happy that the Governor of Lagos State has instituted a tribunal of inquiry to unravel issues surrounding the collapsed building.

He said: “We are here representing governors of North West to physically come to condole with his Excellency, the Governor of Lagos State, families of the deceased and the entire Lagos community on the unfortunate incident that has happened.

“We pray to God that this kind of thing will not happen again. On behalf of the people of North West, accept our sincere condolences and sympathy.

“We cannot escape high rise buildings in Lagos but we must ensure that it does not cost lives and properties of people.

“We are happy that the Governor of Lagos State has instituted an inquiry tribunal that will unravel what happened here.”

Governor Ganduje also commended Governor Sanwo-Olu for taking immediate action to show concern during the collapsed building.

He said: “We are here to condole with the people and the government of Lagos State and in particular, condole with families of those who lost their lives and sympathise with them on the very unfortunate situation.

“Lagos is a mega city. Comparing it to other megacities in the world and considering the circumstances of Lagos due to lack of adequate land for development, increase in population and high density, the issue of building high rise is absolutely necessary and cannot be avoided. But it is unfortunate that we have found ourselves in what happened.

“We are happy that the governor has taken immediate action to show concern about what happened. We are also happy that he appointed an independent technical panel that will examine and find out what actually happened in order to avoid future occurrences. We appreciate Governor Sanwo-Olu’s effort and condole with him and the people of Lagos state, particularly the families of those who lost their lives.”

Responding, Governor Sanwo-Olu appreciated the North-West governors for commiserating with the government and people of Lagos State over the Ikoyi collapsed building.

He said: “We have had various degrees of tribulations and very difficult moments for us as a state and there have been lessons learnt. We are all aware of the investigation into the collapsed building.

“It gladdens me to know that while Lagos is grieving, we are not alone. That is why I am excited and happy that some of my senior colleagues and brothers have come here to express solidarity and to also sympathise with the government and people of Lagos State.”

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SANWO-OLU URGES RESIDENTS TO STAY CALM OVER CASH SCARCITY

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Lagos State Governor Babajide Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu
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The Lagos State Government has observed the tension caused by the slow release of cash through Automated Teller Machines (ATMs) and within banking halls.

Governor Babajide Sanwo-Olu today joined a delegation that met with President Muhammadu Buhari in Abuja to deliberate on measures to remove the hardship caused by the scarcity of the new currency.

In a statement signed by the Hon. Commissioner for information, Mr Gbenga Omotoso, Mr. Sanwo-Olu urges residents to remain calm as the government is doing everything possible to normalise the situation. The Central Bank of Nigeria (CBN) has promised to put measures in place to ensure residents have access to currency notes released to banks.

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Buhari inaugurates new MOFI Board

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President Muhammadu Buhari
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President Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of N18 trillion to at least N100 trillion in the next 10 years.

The president gave the charge at the launch of the new MOFI and inauguration of the Governing Council and Board of Directors of the body shortly before the commencement of the Federal Executive Council meeting.

The president also tasked the new board to “be the clearing house for the management of Federal Government’s investments and assets in line with global best practices with a view to ensuring that these investments are delivering superior risk-adjusted returns to the government.”

He also called on the new MOFI to work with other Ministries, Departments and Agencies (MDAs) to create a consolidated national assets register with a view to converting them into cash-flow-generating entities.

This, he said, would support the government’s revenue drive.

Buhari urged members of the board to work with the government with a view to using government-owned investments and assets to support the government in delivering on its social and economic obligations to the citizenry.

He, therefore, directed the Minister of Finance, Budget and National Planning, Dr  Zainab Ahmed to commence the process of amending the MOFI Act and other legislations to further institutionalize this reform.

According to him, the amendments when carried out, would ensure that MOFI was restructured and repositioned to become a trusted custodian and manager of Federal Government’s investments and assets.

Buhari said the event was significant as the restructured MOFI would help identify “what we own” and how to get the best out of them.

According to the president, the MOFI Act of 1959, now Cap. 229, Laws of the Federation, 2004, explicitly empowers MOFI to enter into commercial transactions of any description on behalf of the Federal Government in its own name.

He said that MOFI was used as a Special Purpose Vehicle across different sectors to invest in commercial entities over the last 64 years, adding that MOFI was created even before Nigeria’s independence.

In her remarks, the Minister of Finance, Budget and National Planning thanked Buhari for his support and approvals that had made the restructuring and repositioning of MOFI possible.

According to the minister, the council members and board will ensure that the new MOFI delivers on its mandates.

The governing council is chaired by the President, with the Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, as Vice Chair.

It’s members include: The Minister of State, Petroleum Resources, Timipre Sylva; Aviation, Hadi Sirika; Industry, Trade and Investment, Niyi Adebayo and Transportation, Mu’azu Sambo.

Others are: Governor of the Central Bank, Dr Godwin Emefiele and three experts appointed by the President, namely: Prof. Muhammad Sagagi, Dr Ayo Teriba and Prof. Ken Ife.

The board members include: Former Finance Minister, Shamsudeen Usman as Chairman, Permanent Secretaries of the Ministries of Finance and Petroleum Resources and acting Accountant-General of the Federation.

Others are; Olawale Edun, Fatima Mede, Ike Chioke, Muhammad Nda, Alheri Nyako and an executive from the Central Bank of Nigeria (CBN) are also members of the board

Members of the Executive Management Team are: Dr Armstrong Takang, Managing Director, Eric solo, Executive Director, Chief Portfolio Officer, Sani Yakubu Chief Investment Officer and Oluwakemi Owonubi, Chief Risk Officer.

 

 

(NAN)

 

 

 

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Polls: NBC warns broadcasters against compromising national unity

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National Broadcasting Commission
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The National Broadcasting Commission (NBC) has cautioned all broadcasters against compromising national unity while covering forthcoming  general election.

The Director-General of NBC, Malam Balarabe Ilelah issued the warning in a statement, on Wednesday in Abuja.

He said: ”The National Broadcasting Commission wish to again, remind all broadcasters covering the forthcoming general elections to take note of the provisions of the Nigeria Broadcasting Code, and other relevant regulations guiding the broadcast of elections in Nigeria.

”The commission has observed, with deep concerns, how ethics and ethos have been thrown to the winds by politicians using broadcast media platforms.

”This is against the provisions of the Nigeria Broadcasting Code, which provides that in using materials for news and current affairs programmes, the broadcaster shall avoid hate speech, inflammatory, derogatory and divisive remarks or allusions.

”The commission notes that some station now glamorise these situations on their platforms. The NBC reiterates that such stations shall pay for their professional misdemeanor.”

Ilelah said for the avoidance of doubt, broadcasters were advised to note the sections of the Nigeria Broadcasting Code which provides that the broadcaster shall promote human dignity.

He added: “Therefore, hate speech is prohibited. Section 3.11.1 (a) states that all broadcasters should ensure that language or a scene likely to encourage or incite to crime, or lead to disorder, is not broadcast.

“Also, section 3.11.1 (b) advice broadcaster to ensure that no programme contains anything which amounts to subversion of constituted authority or compromises the unity or corporate existence of Nigeria as a sovereign state.

“Similarly, section 5.4.1 (f) prohibit broadcasters from transmitting divisive materials that may threaten or compromise the indivisibility and indissolubility of Nigeria as a sovereign state.”

Ilelah said that section 5.3.3 (g) urged broadcasters to ensure that a political broadcast was clearly identified as such, and not presented in a manner that would mislead the audience to believe that the programme was of any other type.

“Also, section 5.3.3 (j) enjoin broadcasters to ensure that the broadcast of a partisan political campaign, jingle, announcement and any form of partisan political party identification or symbol ends not later than 24 hours before polling day.

“The NBC ACT CAP N11, Laws of the Federation of Nigeria, 2004, also prescribes, in the Third Schedule 12(6) that “A Licensee shall be responsible for the content of the Station’s Broadcast.

”The commission enjoins all broadcasters to desist from using or allowing their platforms and facilities to be used by politicians, their supporters and or sympathisers, for the broadcast of contents that may lead to the breakdown of law and order,” Ilelah

He said that broadcasters were therefore expected to perform the role of peace agents by adhering to the principles of responsibility, accuracy and neutrality.

 

 

(NAN)

 

 

 

 

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