Connect with us

News

HARDSHIP: SANWO-OLU ROLLS OUT RELIEF MEASURES, REDUCES WORK DAYS FOR LAGOS CIVIL SERVANTS

Published

on

…Governor sets up open markets for cheap food items, slashes T-fares by 25% on public transport means

…Launches palliative in health, education

Lagos State Governor Babajide Sanwo-Olu has announced sweeping interventions which the State will be implementing in order to reduce the effects of the current economic hardship on its citizens.

The Governor, during a live media chat on Thursday, conveyed his empathy to the State’s residents groaning under the rising cost of living, resulting in inflation of food and commodities prices.

Sanwo-Olu rolled out layers of measures targeted at vulnerable populations within the State to mitigate the impact of the hardship and bring about immediate ease, just as the Federal Government led the recovery efforts.

The Governor bared it all at the live programme anchored by veteran media practitioners led by Dr. Reuben Abati of Arise TV and Babajide Kolade-Otitoju of Television Continental (TVC). Others are General Manager of Lagos Television, Mrs Adesola Kosoko, and Channels TV’s Jeffery Uzomma.

As part of the measures to cushion the harsh economic situation, Sanwo-Olu announced new work schedule for the workforce in the State’s civil service. From next week, State workers on Grade Level 1 to 14 will be permitted to work three times weekly until further notice.

Also, civil servants on Grade Level 15 to 17 will work four days in a week.

Sanwo-Olu said the measure was not intended to disrupt governance. The move, he said, was to reduce the pressure daily borne by workers in carrying out their duties in the period of economic hardship. The Governor said the measure would save the staff of additional stress.

Besides, Sanwo-Olu announced a 25 per cent fare slash across the State-owned public transport channels, including BRT, train and ferry services.

The Governor said he had instructed all government departments and agencies to design modalities for immediate implementation of the measures.

He said: “I convey our deepest empathy to our citizens over the current hardship occasioned by inflation commodities prices. We are not unaware and unmindful of the current situation, but as leaders, we have the responsibility to bring immediate ease to our people. Given the nature of challenges that we are facing presently, we have designed creative means to ease the hardship on our people, starting with public servants.

“Effective from next week, the working hours of workers from Level 1 to Level 14 in the State’s civil service will be rescheduled. They will now come to office for maximum period of three times in a week. This measure will not shut down governance, neither will it disrupt operations of Government. It will all be calendarised and scheduled. Workers in Level 15 to Level 17 will be required to work four times in a week. All we seek to achieve is reducing the pressure on our workers and save them of additional stress.

“Rising cost of transportation has also made it pertinent for us to initiate an intervention in the sector. For the public using the Government-owned transport services, we are implementing 25 per cent fare reduction on all our public transportation channels. We are also working with various commercial transporters to assist in little way we can to ease the situation. Instructions have been given to government functionaries for the implementation of these measures; modalities will be provided.”

To address the rising food prices, Sanwo-Olu announced three layers of agricultural interventions. He said the State Government would be distributing combo packages of food items to vulnerable Lagosians, targeting 300,000 households.

The Governor said the State had concluded the procurement of over 100 trailers of rice and other food items, but currently fine-tunning the logistics for seamless distribution to the beneficiaries.

Sanwo-Olu said Lagos would be opening “Sunday Market” in 42 communities across the State, where staple food would be available for residents to buy at reduced prices. Shoppers would only be able to buy items not more than N25,000, with each shopper getting 25 per cent rebate immediately after purchase.

The Sunday Market, the Governor said, will open for the next five weeks.

“The third level of our intervention in agriculture sector is what we call “Soup Bowl”, which we similarly rolled out during COVID-19 lockdown. We have identified local cafeteria operators and caterers within communities. Funds will be sent to them to prepare the soup bowls. Vouchers will be given to anybody to walk in and eat free of charge. We want to be able to feed between 1,000 and 1,500 people in every Local Government Area daily for the next 30 to 60 days at the first instance,” he said.

In education, Sanwo-Olu introduced additional transport support for classroom teachers to enable them keep their work schedule, while pupils across public schools would continue their five-day school attendance.

For the time being, the Governor suspended the directive compelling parents to show evidence of tax payment in order to enroll their wards in school. This is to discourage pupil absenteeism and dropping out of school.

In health, Sanwo-Olu also reintroduced free child delivery programme for expectant mothers in all the State-owned General Hospitals and special maternity centres. The State Government, he said, would take up the cost of the child delivery, including Caesarean section.

He said: “We believe this measure would help reduce pressure on families. We are also working with the State-owned hospitals to reduce the cost of some certain drugs, such as hypertension medication.

“All the six health districts in Lagos will roll out bi-weekly community health mission over the next three months, where residents would enjoy free check-up for diabetes, blood pressure and eye testing. There will be free medications to be given to patients to manage observed conditions.”

Sanwo-Olu also touched other areas of his Government’s activities during the media chat, including the collaborative plan with the Local Government authorities to reconstruct 180 inner roads across the State.

He reiterated Lagos’ readiness of 10,000 men for state police in the case of the Federal Government giving full constitutional approval for creation of State Police outfit.

The Governor said hard times called for hard decisions by the Government, urging those calling for civil unrest and industrial action to desist from the plan. He noted that paralysing the economy would not bring about solutions.

He pleaded for patience and understanding, noting that the nation would be out of the woods in the fullness of the reforms initiated by President Bola Ahmed Tinubu.

Addressing Lagosians, Sanwo-Olu said: “As incident commander, I am giving you the commitment that the bipartisan advisory committee that we have put together, will welcome ideas and advice from everyone that can lead to more solution out of the challenges that we have found ourselves.

“In terms of policies, we will continue to do everything within our means that the greatest good gets to the greatest number. Lagosians are resourceful and hardworking, they are commercially driven self-starters. Those are the values I want all of us to build our hope around.”

 

News

I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court

Published

on

By

A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.

The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.

Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.

According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.

He said he subsequently took the money to the office of the then Director-General.

“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.

The witness explained that he collected the bag from his aide before entering the office.

“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”

The witness was initially a defendant in the case but later opted to testify for the prosecution.

While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.

According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.

He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.

“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.

During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.

When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”

After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.

The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.

Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.

They pleaded not guilty to the offences.

The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.

According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.

Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.

The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.

One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.

 

Continue Reading

News

CBN Bars Chronic Loan Defaulters from Accessing New Banking Services

Published

on

By

The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).

This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.

This order is specifically targeted at large-ticket obligors.

The CBN issued the directive in a circular to banks on Monday.

The latest instruction comes almost a week after the CBN asked financial institutions to stress test.

It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.

“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.

“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.

“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”

 

Continue Reading

News

Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju

Published

on

By

Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.

Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.

He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.

“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.

“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?

“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.

“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.

Continue Reading

Trending