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EFCC Boss Vows To Fight Corruption

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The Chairman of Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has pledged to refocus the anti-corruption war by adopting modalities capable of stimulating economic growth and development.
He gave the assurance while addressing members of staff of Ilorin Zonal Command of EFCC, at the Commission’s Office, GRA, Ilorin.
Olukoyede promised a paradigm shift in the agency’s approach to anti-graft war, to make it more proactive and result oriented.
“There is need for us to refocus our attention in EFCC. We need to define our scope of mandate with a view to stimulate the economy of the country.
“The era of stifling and crippling of businesses with unwarranted PNDs is gone.
“We must be able to separate proceeds of crime from legitimate funds and use the instrumentality of our mandate to create wealth and jobs for people.
“We will also use the instrumentality of our mandate to create conducive environment for businesses to thrive for a sustainable economic growth”, he said.
The EFCC boss also pledged to prioritise staff welfare, stressing that he was already in talks with the government for necessary support.
“We have done it before and we are going to do it again”, he assured.
Olukoyede asked officers of the commission to be above board and avoid acts of compromise in their line of duty, stressing, “We owe our nation the sacred duty of making this country free of corruption and crimes”.
He urged members of staff to work together for a good course and see themselves as officers having the same rights and privileges as encapsulated in Section 8 (5) of the EFCC Establishment Act, 2004.
The TIde’s source reports that the executive Chairman had earlier visited the palace of Emir of Ilorin, Alhaji Ibrahim Zulu Gambari, where he called on traditional rulers to deepen their partnership with EFCC.
He called for more cooperation in order to reduce corruption through adequate promotion of ethics, values and behavioral change among their subjects.
“Our royal fathers have a crucial role to play by using your good offices to champion the crusade against corruption among your subjects.
Responding, the Emir of Ilorin, Alhaji Ibrahim Zulu Gambari pledged to continue supporting EFCC and other law enforcement agencies in stamping out corruption and other form of criminalities in the State.

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Ekpeye People Urge TotalEnergies To Site Gas Treatment Plant In Their Domain 

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The people of Ekpeye Ethnic Nation in Ahoada East and Ahoada West Local Government Areas of Rivers State, have declared that the Ubeta Gas Project being proposed by TotalEnergies EP Nigeria Limited, must be located in their domain.
The company had proposed that gas from Ekpeye land would be piped to a treatment plant that would be located at Obite in Ogba/Egbema/Ndoni Local Government Area.
The declaration was contained in a communique signed by His Imperial Majesty, Eze (Dr) Kelvin Ngozi Anugwo, Eze Ekpeye Logbo III; Akalaka XII, His Royal Highness, Eze (Dr) Chigemerem David, Eze Emene Echi Ubie I, Secretary, Ekpeye Council of Traditional Rulers and Chiefs; and Dr. Michael U Nyemenim, President General, Uzugbani Ekpeye, on behalf of themselves and the entire Ekpeye people, after a meeting held on Tuesday, January 28, 2025 at the palace of Eze Ekpeye Logbo III in Ula Upata Community.
The communique, which anchored on six points stated that, “The Ubeta Gas Project shall be built at Ubeta Community or elsewhere in Ekpeye Ethnic Nation.
“That Ekpeye people will not allow TotalEnergies EP Nigeria Limited in conjunction with few persons in Ekpeye Ethnic Nation to pipe the gas to Obite Community in Ogba/Egbema/Ndoni Local Government Area of Rivers State.
“Ekpeye people have proscribed all groups or individuals discussing or dialoguing with TotalEnergies EP Nigeria Limited as regards to the Ubeta Gas Project.
All discussions on the Ubeta Gas Project shall be discussed by the people of Ekpeye Ethnic Nation.Igbu Ubie is a part in Ekpeye and all companies operating in Igbu Ubie, or any other parts of Ekpeye Ethnic Nation shall be answerable to the people of Ekpeye Ethnic Nation. TotalEnergies EP Nigeria Limited shall meet with the people of Ekpeye Ethnic Nation to discuss the issue bordering on the exploration of the gas in Ubeta Community.”
The declaration, according to the communique, was not foisted on the people but was taken after much deliberations that followed democratic process, in the presence of some Kings of the Kingdom , heads of important traditional, socio-cultural organs, women groups and youths from all the seven Kingdoms that make up the ethnic nation.
Some notable individuals that were present were the Eze Igbus such as HRM Eze Joshua Eyiba, Eze Igbu Igbuduya II, HRM Eze(Dr) Felix Enene Otuwarikpo; Eze Igbu Upata III, represented by HRH Nye Udu Nnodi Micheal; HRM Eze Anderson Egbuluka, Eze Igbu Ugbobi II; HRH Eze Prince Ike Ehie, Eze Igbu Orlukwor II.
Others were Uzugbani Ekpeye President General, Dr. Michael U. Nyemenim; Ekpeye Youth President, Senior Comrade Justice Ewoh; the National Chairman, Ekpeye Oil and Gas Pipelines Host Families Association (EOG), Comrade Dogini Chidi; Vice Chairman, Ekpeye Oil and Gas Contact Committee, High Chief (Engr.) Samuel Ekiye; and Ada Ekpeye, High Chief (Mrs) Patricia W. Ogbonnaya.
The statement acknowledged the indivisibility of the people, anchored on filial cultural heritage and further declared that; “Ekpeye Ethnic Nation is one and all parts of Ekpeye Ethnic Nation are what constitutes the people and the place known as Ekpeye! Ethnic Nation. All the stakeholders spoke for the unity of the Ekpeye Ethnic Nation.”

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Humanitarian Affairs Minister Calls For Inclusive Tax Reforms For PWDs

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The Minister of Humanitarian Affairs and Poverty Reduction, Prof. Nentawe Yilwatda, has called for a more inclusive approach to tax reforms in Nigeria.
Yilwatda made the call in Abuja, yesterday at an Inclusive Tax Reform town hall meeting with leaders in the disability community.
The meeting was organised by The Albino Foundation (TAF) Africa, in collaboration with the Presidential Committee on Fiscal Policy and Tax Reforms.
Yilwatda emphasised the importance of providing better support for Persons With Disabilities (PWDs) and other vulnerable groups.
According to him, there should be specific tax relief measures that will address the unique challenges faced by them.
The minister proposed that tax relief be introduced for disability-related expenses such as medical care, assistive devices, and accessibility modifications to existing structures.
He also suggested reviewing Value Added Tax (VAT) policies to reduce or exempt taxes on assistive technologies, mobility aids, and specialised healthcare services.
These measures, he said, would help ease the financial burdens often faced by PWDs, allowing them to live more independently and participate fully in society.
“We need to explore the possibility of tax reductions for disability-related expenses.
“Assistive devices and healthcare services can be very costly, and these tax exemptions or reductions will significantly reduce the financial strain on PWDs,” Yilwatda said.
The minister also emphasised the need for corporate incentives to encourage businesses to employ PWDs.
He proposed offering tax breaks or holidays for companies that exceeded a certain threshold of employees with disabilities, encouraging inclusive hiring practices and improving the economic standing of PWDs.
Yilwatda further called for a portion of tax revenues to be allocated to a National Disability Fund, which could provide long-term financial support for social protection programmes aimed at PWDs.
The Chairperson of the House Committee on Disability Matters, Rep. Bashiru Dawodu, highlighted the importance of tax reforms in strengthening the rights and social protection of PWDs.
He also mentioned the potential role of the Vulnerable Trust Fund in supporting PWDs in the future.
Mr Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, reaffirmed the government’s commitment to a fair and inclusive tax system.
He stated that the ongoing tax reforms aimed to reduce economic burdens on vulnerable groups.
Additionally, the Founder of TAF Africa, Mr Jake Epelle, expressed support for the reforms and commended the government’s efforts to ensure accessible engagement platforms for PWDs.
The Tide source reports that the meeting aims to produce practical suggestions that will guarantee social justice, equity, and fairness in Nigeria’s tax policies.

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GDP Growth Reflects Economic Recovery, Entrepreneurs’ Resilience-Expert

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Economist, Dr Muda Yusuf, says the country’s 3.84 per cent Gross Domestic Product (GDP) growth in the fourth quarter reflects a gradual economic recovery and the resilience of Nigerian entrepreneurs.
Yusuf, Founder of the Centre for the Promotion of Private Enterprises (CPPE), stated this in a statement yesterday in Lagos.
He noted that in spite of the significant macroeconomic and structural challenges, private investors had continued to push forward.
He added that macroeconomic conditions began to improve in the second half of 2024, with the naira exchange rate stabilising.
According to him, inflationary pressures have slightly eased, and energy prices have also seen a marginal decline.
“Overall, the outlook for investors confidence has been positive over the past few months.
“These are the explanatory variables driving the modest GDP performance.
“One striking outcome of the Q4 GDP report was the recovery of the petroleum refining sector from decades of recession to a positive GDP growth of an impressive 9.6 per cent .
“This was one of the best sectoral performance among the strategic sectors of the economy,” he said.
Yusuf, however, noted that in the period under review, service sector continued to outperform the real sector of the economy.
This, he said, could be attributed largely to the legacy structural impediments to real sector productivity.
“The GDP report highlights the gradual recovery of the economy and the resilience of the Nigerian private sector.
“It also underscores the need to consolidate the stability gains in the macroeconomic environment and address the productivity challenges hindering real sector performance,” he said.

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