Nation
Local Electronic Card Industry May Save Nigeria $300m Import Bill
Nigeria may be saving about $300million annually with local manufacture of electronics card as bank cards alone gulp about $36million.
This was disclosed by the Managing Director of one of the few electronic cards manufacturing firms in sub-Sahara Africa, Electronic Payplus Limited, Bayo Adeokun.
Speaking to some media operatives at the backdrop of commencement of operations at its multimillion dollar new manufacturing installations, Adeokun stated, “Bank cards alone is about $36million every year prior to our intervention. I have not done the cost of SIM card; I have not done the cost of tax card by Lagos State Government for instance and other states that are now coming up with that; I have not talked about the national ID card and I have not talked about the voters card. By the time you put everything together in terms of dollar you will be talking about $300million savings for the country.”
Calling on the Federal Government to take steps to protect investments in the card industry, he stated further, “In this period that remittances from abroad is going down, crude oil revenue is coming low and all of that the government really needs to make a lot of savings in terms of foreign reserves.”
He also harped on the employment value the industry adds to the economy saying, “Prior to this (commencement of its new production lines) Electronic Payplus had about 100 staff. Now, we are up to 150. So, we are also generating employment. I mean, if you look at the nature of Nigeria, those 50 staff, each of them has dependence, so, we are talking of additional 500 or more that we are catering for.”
Giving details of the company’s new production capacity, he said, “We can do any smart card. So, the purpose is to extend it to every area of the economy. I showed you national ID card downstairs we produce for Nigeria. So, we are known to the government. Now, when the present administration came in they said there is no money to finance the production of that again. So, they said they want to go into digital ID card. We are also playing in that space because we have the license.
“We presently enrolled Nigerians in Diaspora. We do local enrollment that is currently ongoing as well. We have the license to produce that. We also are presently working with the Lagos State Government because they want to roll out what is called residency card which is also going to be a payment card. So, we are going to service all the industries.
“We are also talking to telecommunication companies on the possibility of supplying their SIM cards as well.
“Also are looking beyond Nigeria. We have customers all over Africa. All the banks in Gambia we produce all their cards, for instance. We have customers in Ghana, Guinea, Cameroun, Uganda and Kenya.”
On the impact of the company’s new production facility upgrade, he said, “What we have done is 60 million production cards per annum capacity. But the idea is all about improved turn around that we can offer because, today if you give me an order of one million cards, I can deliver it within a week. I can even deliver 250,000 per day to you. So, we believe that, that will be a game changer for us, and in addition we are now able to scale up our capacity utilization as well”.
Nation
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Nation
Osun Park Management Chairman Shot By Police, Union Alleges
The Chairman of the Osun State Park Management System (OSTMS), Comrade Nurudeen Iyanda Alowonle, was reportedly shot by officers of the state police command in the late hours of Monday.
The union, in a statement issued by its Secretary, Mikaela Popoola, in Osogbo, confirmed that its chairman was arrested over domestic issues and taken into police custody.
According to him, the shooting of the chairman occurred while in police custody, and the circumstances surrounding the shooting call for a thorough investigation.
The union scribe, who reiterated that the chairman was arrested over domestic issues and taken into police custody, called on members of OSTMS not to take the law into their own hands.
He stressed, “We must maintain peace across the parks while we take the matter up with the appropriate authorities.”
While confirming the shooting, a top Police officer, who preferred to remain anonymous, said, “Alowonle was arrested in connection with the alleged killing of one Oyewale in 2022 and the assault of some residents on Monday night.
“He was shot while attempting to escape and has been taken to a hospital for treatment.”
According to him, Alowonle was maimed by the police gunshot, and a Hummer bus with registration number AWK 480YD, an unregistered Nissan Almera, and a Toyota Sienna with registration number GNN 595 XD were also recovered from him.
“During the arrest, a Barrett pistol, six rounds of 9mm live ammunition, and one expended empty shell were recovered from Alowonle’s private unregistered Toyota Highlander jeep,” the officer said.
“Alowonle and his boys conveyed themselves in a Previn bus with registration number RBC 275XK, but a distress call to the police led to his arrest. He was rearrested at Susi area of Oke-Baale, Osogbo, alongside eight others before being taken to the state police command.”
Meanwhile, all possible efforts made to reach the spokesperson for the state Police Command, Mrs Yemisi Opalola, for comment on the incident proved abortive as calls put to her mobile phone were not answered.
Nation
Police Kill Notorious Cultist In Rivers, Recover Gun, Ammunition
The Rivers State Police Command has announced that its operatives neutralised a suspected kidnapper and cultist, identified as Gbarani Bume, in the Luawii Community of Khana Local Government Area (LGA).
Bume, also known as Pelele, was a member of the infamous Iceland cult group, which has been terrorising the Beree/Tabaa axis of Khana LGA along with his gang.
Spokesperson for the State Police Command, Grace Iringe-Koko, disclosed this in a statement issued in Port Harcourt on Sunday.
Iringe-Koko said that Pelele and his gang attempted to kidnap a site engineer working in Luawii when the police, acting on a tip-off, swooped in. Upon sighting the police, the suspects opened fire, but Pelele was fatally wounded after a fierce exchange of gunfire and later died.
The statement reads: “The Rivers State Police Command has made a significant breakthrough in its efforts to combat crime, neutralising a notorious cultist and kidnapper, Gbarani Bume, a.k.a. Pelele, a native of Bere Community in Khana LGA.
“He was a member of the Iceland Cult Group, which has been terrorising the Beree/Tabaa axis of Khana LGA.
“On the 15th of November 2024, operatives from the Bori Division, acting on a tip-off, were mobilised to Luawii Community where Pelele and his gang were attempting to kidnap a site engineer.
“Upon sighting the operatives, the hoodlums opened fire, resulting in a fierce crossfire, during which Pelele was fatally wounded. His accomplices escaped with various degrees of bullet wounds.
“Items recovered from the suspect include one AK-47 rifle, two magazines, and 10 rounds of live ammunition.”
She added, “An investigation is ongoing, and efforts are being intensified to apprehend the other fleeing gang members and bring them to justice.”
The state police spokesperson stated that this operation underscores the Command’s commitment to tackling crime and ensuring public safety in the state.
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