Kennedy Okonkwo is an Estate Developer and Managing Director,
Nedcomoaks Limited. In this interview, he reflects on his journey to
entrepreneurship and gives insight on how youths can leverage on their
intellectual capital to be successful.
You clocked 39 years recently. Do you have any regrets; are there
things you feel you could have done in life that you are yet to achieve?
When I look back to when I graduated and where I am today, I have no
cause to regret. But what I wish I could do more, is empowering young
people. I wish to invest more money than I have done at the moment in
creating more employment for people, because if I do that, I won’t have
to worry about whose rent I pay and whose school fees I pay.
What factors shaped your upbringing?
My late father always ensured our school fees were complete and he
could tell me then that he was not going to make money for anybody and
that all he would do was to educate us. He believed that if you are
educated, you are empowered, so I can’t forget this .
There was also a time my mother was thrown out of the shop that we
called our home and the church took us in. We lived in the church even
while I was in the university. My education was sponsored by Chief
Sylvester Okonkwo. I knew at that point that when I graduated, I wasn’t
going to be like every other guy. From day one, I had my target that my
family would relocate into a befitting home for a start. But I think
the major turning point of my life was when I left my job as the
Strategy Advisor to the MD/CEO of a big company. I knew at that point
that if I could channel my energy to what I was doing that time, I was
going to make a lot more money and impact on society in business.
So, has the society benefited from you?
My company has employed over 2,000 people directly and indirectly, so
the society is benefiting. Through our charity programmes, we have done a
lot for people. We have paid tuition fees for lots of students and many
people have been empowered through us. There are families that have
benefited from the fact that our company is running.
I will tell you a story. There was a time I was ill and needed to travel
out of the country for treatment, so, I went to each of the major
sites, met with the foremen and I told them that I was going to stop all
our projects because I don’t need to be signing cheques while I was on
my sick bed. But they met and came to me and said it was better that
they continued working because there would be hope that when I came
back, they would be paid. Some of them came from Ibadan, Osun State and
Abeokuta. They said they didn’t want to go and sit at home for six
weeks, but preferred to continue working with the assurance that there
was money somewhere to be collected. I shared this story with my wife
and she advised that we should no shut down the sites. Also, we do not
owe salaries despite the economic situation of the country.
We are a team of young people and the oldest member of my staff is about
35 years old. I prefer it this way, because the youths are the future
of our country.
What lessons should young people learn from you?
I always tell people that opportunities abound everywhere; it is just
for us to open our mind to recognise them when we see them and take
advantage of them. I don’t believe that “my uncle or my brother can do
this or that for me”. I believe in what I can do for myself.
For instance, before you move from one street to the next, you would see
dirt in the gutters; when you get home, you can write a proposal to
that street association to clean the drainage. Entrepreneurship starts
from there. If you wake up and see weeds in your environment, you can
write a proposal, asking to be given the job to clear the bush. I tell
people all the time that you can only be successful if you provide
value.
Problems abound in our society and people are looking for solutions. For
me to take your money, I must know how to polish your shoes. A woman at
Mile 12 market in Lagos brought up the idea of washing other people’s
feet and now there are thousands of people washing feet at Mile 12
market. It is for you to understand the problem that a society has and
look for a solution to that problem.
Do you think government is doing enough to help start-ups and entrepreneurs?
You must not have capital to start a business, because your brain is
sufficient, but it is how to use it that matters. If I waited for
capital, I could never have started off. While I was still in paid
employment, I sacrificed my salaries which was N84, 000 monthly to
build a house. One day I walked up to my boss and told him I needed a
loan of N500, 000 because I was building a house. When I took him to the
site, he was agape. When he saw the place, he lent me that money and I
paid back in record time. So, your brain is intellectual capital. Going
to school also broadens your horizon.
You are from Anambra State and many businessmen from the
state have ventured into politics. Do you plan to venture into
politics?
I do not have any iota of political inclination and I don’t need any
political position to solve my people’s problems. It is only successful
businessmen like Peter Obi, that could steer the state into
profitability. But the truth is that not all of us are inclined towards
politics. We can be involved in politics without even contesting. We can
be involved in the selection of candidates for the different offices.
For me, philanthropy in my home town and in Lagos is what I do because I
have benefited from society and society must also benefit from me.
What were some of the challenges you faced before you became successful?
The challenges I faced are the same challenges everybody faces. Poor
infrastructure and dearth of financing. When you start up a business
and that business is growing faster than you envisaged, you realize that
for you to do more, you will need more financing. You need to expand,
you need more manpower and additional land because if you are building
four houses, five houses, you will realise you need to think of
building in hundreds. When you take loans, banks charge double digit
interest rates whereas in other parts of the world interest rates are
single digits.
At 39 you are already successful but Nigeria is 56 and it is
already facing economic recession. How can the country get it right?
Nigeria has at some point, produced Africa’s richest man, so, if you
think Nigeria is unsuccessful I will say no. Nigeria is just facing some
challenges just as my organisation is facing but then, it’s the people
that make a country. A country does not exist in isolation. We make up
Nigeria and we should work towards making it the Nigeria of our dreams.
I want to also commend the leadership of this country. It is not easy to
govern a family not talk of a nation. Even at home, you and your wife
can have divergent opinions, but because you chose her from among all
others you have met in your life, you have to find a way to live
peacefully. Unfortunately for us, we don’t have a choice over where we
were born. We were born Nigerians.
The problem of Nigeria is our problem and we must work for her success,
because if you leave Nigeria, it becomes a geographical space. So, do
you think you are the problem of Nigeria? If you answer this question,
you will know that Nigeria is even going through the challenges of many
organisations. I was privileged to be in Togo and I bought bottled
water. I realised that maybe it is the problem of Nigeria that is
affecting other West African countries because as Nigeria is being hit
by recession, we underestimate the impact of our economic stability and
growth on the West African coast. If we are not doing well, other
African nations suffer too. We all need to put our hands on deck and
change our orientation.
Sunday, November 20, 2016
I never dreamt of becoming councillor –Oshiomhole
Immediate past governor of Edo State, Comrade Adams Oshiomhole,
yesterday reflected on his humble background and said he surpassed his
expectations in life by becoming governor.
In an emotion laden speech yesterday evening at Auchi, headquarters of Etsako West Local Government Area of Edo State, during a grand reception for him by the people of Edo North Senatorial District, Oshiomhole said he was forever indebted to the people of the state for the privilege he was given to serve.
Referring to her mother who was present on the occasion, he said “for my mother, I don’t know what is going through her mind right now. It was not in our imagination that I would be councilor.”
He told the gathering that his successor in office, Governor Godwin Obaseki, was one of those who encouraged him to run for governor in 2006.
“I am happy he is the governor now and he is a worthy successor who will do better than me,” ex-governor Oshiomhole said.
He said there were many projects his administration was committed to executing, but could not carry out because of the drop in revenue owing to the fall in the international price of crude oil.
“There is still so much to be done that we couldn’t do,” the former governor said, and apologised to the people and communities that did not benefit from projects under his administration.
Oshiomhole, however, expressed confidence that Obaseki, who was part of the planning, and now the governor, would attend to those projects, stressing that every part of the state deserved development. The former governor, while admitting his imperfection, asked for forgiveness from those he might have offended unintentionally, just as he said he has also forgiven those who offended him. Earlier in an address, the chairman of the reception committee, Mr. Tom Uloko, said the people were proud of his good governance and performance in office.
In an emotion laden speech yesterday evening at Auchi, headquarters of Etsako West Local Government Area of Edo State, during a grand reception for him by the people of Edo North Senatorial District, Oshiomhole said he was forever indebted to the people of the state for the privilege he was given to serve.
Referring to her mother who was present on the occasion, he said “for my mother, I don’t know what is going through her mind right now. It was not in our imagination that I would be councilor.”
He told the gathering that his successor in office, Governor Godwin Obaseki, was one of those who encouraged him to run for governor in 2006.
“I am happy he is the governor now and he is a worthy successor who will do better than me,” ex-governor Oshiomhole said.
He said there were many projects his administration was committed to executing, but could not carry out because of the drop in revenue owing to the fall in the international price of crude oil.
“There is still so much to be done that we couldn’t do,” the former governor said, and apologised to the people and communities that did not benefit from projects under his administration.
Oshiomhole, however, expressed confidence that Obaseki, who was part of the planning, and now the governor, would attend to those projects, stressing that every part of the state deserved development. The former governor, while admitting his imperfection, asked for forgiveness from those he might have offended unintentionally, just as he said he has also forgiven those who offended him. Earlier in an address, the chairman of the reception committee, Mr. Tom Uloko, said the people were proud of his good governance and performance in office.
Senate uncovers govs, minister’s imported luxury cars in Lagos
There are strong indications that
influential Nigerians, including a serving governor and a minister, are
among owners of about 1,500 exotic vehicles parked in the Volkswagen
Yard, on the Mile 2-Badagry Expressway in Lagos since 2015.
Another governor from the South-East
(name withheld) has also been identified as the owner of 15 Sports
Utility Vehicles intercepted and impounded by officers of the Nigeria
Customs Service and parked in the agency’s office in Ikeja.
The Senate Committee on Customs, Excise
and Tariff, led by its Chairman, Hope Uzodinma, had visited the VON
premises last week on oversight assignment when it discovered that the
place looked deserted with disused equipment in its assembly plant.
The officials of the company, who had
earlier declined to open the store to the lawmakers for inspection, were
forced to grant the visitors access into the warehouse when the
lawmakers threatened to force the door open.
The senators, who were there in company
with security operatives and officials of the NCS, saw no fewer than
1,500 pieces of various models of Volkswagen products and other brands
of vehicles in the warehouse.
SUNDAY PUNCH learnt that the
senators were curious when they found out that there were port tags on
the vehicles, indicating that they were imported.
One of the lawmakers told one of our
correspondents that his colleagues were not convinced by the explanation
offered by officials of the company that the firm did not abuse the
auto policy introduced by the Goodluck Jonathan-led administration with
its action.
The senator added that the team
discovered that about 15 Sports Utility Vehicles, on the premises of the
NCS office in Ikeja, Lagos, which were impounded by the service when
the dealer attempted to evade payment of duty, belonged to a serving
governor in the South-East.
He said the vehicles carried Federal
Government’s official number plates in an attempt to deceive officers of
the customs service.
Uzodinma had alleged in an interview
with journalists in Abuja that there were indications that the company
was not assembling vehicles in Nigeria as it claimed.
He stated that his committee discovered
different vehicle brands in the company’s warehouses which were already
assembled before they were shipped to Nigeria.
The Managing Director of VON
Automobiles, Mr. Tokunbo Aromolaran, however, refuted the Senate claim
that the company was sabotaging the country’s economy.
Aromolaran said, “The Chairman of the
Senate Committee, in company with about 30 people, comprising senators,
officers of Nigeria Customs Service, journalists and police officers,
descended on the VON premises on October 28, 2016, without prior
notification.
“They were given free access to our
plants and warehouses, and found nothing other than what you would
expect to see in an auto assembly plant – an inventory of vehicles
assembled, awaiting delivery.
“We also confirmed that applicable duties were paid at the ports when the components were imported into the country.
He said, “All applicable duties and
levies on Volkswagen vehicles stored at VON have been paid to the NCS
(SKD vehicle kits and fully built units). This can be verified by the
service.
Uzodinma, however, told one of our
correspondents on Saturday that the committee was convinced that VON was
sabotaging the nation’s economy, adding that a public hearing would be
organised soon to unravel the alleged sharp practices.
The Public Relations Officer, Nigeria
Customs Service, Mr. Wale Adeniyi, said the affected vehicles had
remained under NCS custody because duty was not paid on them.
Adeniyi stated, “There are no separate
laws for top government officials or highly-placed Nigerians. The laws
are the same for everybody and the laws specify that all imported
vehicles attract duty. If duty was not paid, the vehicles cannot be
released.”
He, however, added that if the owners paid the required duty, the SUVs would be released.
On the 1,500 vehicles found in the premises of Volkswagen, Adeniyi said, “I do not have details of that development.”
Senate forgery: Police submit fresh report, indict Saraki, Ekweremadu
There are strong indications that the
police have submitted to the National Prosecution Coordination
Committee, another report on the investigations into the alleged forgery
of the Senate Standing Orders, 2015.
SUNDAY PUNCH gathered that in
the fresh report, the police indicted the President of the Senate, Dr.
Bukola Saraki, and his deputy, Dr. Ike Ekweremadu.
It was gathered that the Special
Investigation Panel, headed by the retired Assistant Inspector-General
of Police, Ali Amodu, explained that a former Clerk to the National
Assembly, Salisu Maikasuwa, could not have committed the alleged offence
without the connivance of the two principal officers.
The SIP was set up by the Inspector-General of Police, Ibrahim Idris, to investigate high-profile cases.
The Federal Government had, on October
6, 2016, withdrawn the charges of criminal conspiracy relating to the
alleged forgery of the Senate Standing Orders, 2015, filed against the
Senate President and his deputy at an Abuja High Court.
The government, it was reported, had
found out that the investigation was inconclusive and the evidence was
not strong enough to sustain a diligent prosecution of the accused
persons.
Following this discovery, the Ministry of Justice filed an application to amend the charges.
In the new charges, only Maikasuwa and a former deputy clerk, Mr. Ben Efeturi, were listed as the accused persons.
Saraki and Ekweremadu were earlier
charged alongside Maikasuwa and Efeturi for allegedly forging the Senate
Standing Orders, which were used for the inauguration of the Eight
Senate.
All of them pleaded not guilty to the charges before Justice Yusuf Halilu and were granted bail on June 10, 2016.
Following the amendment of the charges,
the Attorney General of the Federation and Minister of Justice, Abubakar
Malami (SAN), directed the police to conduct fresh investigations into
the case.
Saraki, Ekweremadu may face conspiracy charge again.
A top police operative, who confided in SUNDAY PUNCH on Saturday, said the SIP had addressed the loopholes the AGF identified in the former report.
He said, “The police have concluded
investigations into the case and submitted the report to the NPCC. This
was done about a month ago.”
Giving an insight into the report, a top
source at the Force Headquarters said, “Conspiracy is a very wide
offence and Maikasuwa couldn’t have done what he did without the
connivance of Saraki and Ekweremadu.
“There is no doubt about it; they were the beneficiaries and they have to be joined in the case.”
When asked if the panel made any
recommendation for the prosecution of the beneficiaries of the forgery,
he stated, “There is no need to make any recommendation to prosecute
them because the investigation did not exonerate them.”
On the non-interrogation of Saraki and
others by the former investigators, the source stated, “It is not
totally out of point. It is for Saraki, Ekweremadu and others to defend
themselves in court. The fact that they were not questioned did not mean
they didn’t commit the offence as alleged. The circumstances were that
the investigators could not reach them just like the way the House of
Representatives leadership was dodging police summons on the budget
padding probe.”
He added that the evidence and corrections made on the report had been sent to the AGF by the police.
He stated, “There were certain documents
and evidence they asked us to fine-tune, which we did. We got all the
necessary documents, including the Hansard, where publications were made
and notices were given. We looked at the Hansard. Was there any
amendment during the 7th Senate? There were no amendments; nothing was
adopted during the 7th Senate. We got the papers and there was nothing
like that.
“So, where did Ekweremadu and Maikasuwa derive their authority from when no amendment was done on the floor of the Senate?”
Another highly-placed source, who was
familiar with the police probe, informed one of our correspondents on
Saturday that the SIP was able to gather the necessary evidence about
how the alleged forgery at the Senate was carried out.
The source said it was now up to the AGF and the NPCC to decide whether to re-arraign Saraki, Ekweremadu and others or not.
It was gathered that the detectives were
able to verify the extent of amendment to the Senate Standing Orders
2011, the individuals who authorised it, and the official who ordered
the printing of the Senate Standing Orders, 2015.
The source added, “The SIP, through
painstaking efforts, was able to identify who distributed the printed
copies of the Senate Standing Orders, 2015, to senators-elect and it
also obtained the complete Hansard of June 9 and 24, 2015, which
indicated what transpired on the floor of the Senate as well as other
relevant evidence. These were issues the former probe did not resolve.
“It is now up to the government to
decide whether Saraki and Ekweremadu should be re-arraigned or only
Maikasuwa and Efeturi would carry the can.”
One of our correspondents gathered that
the SIP had to bypass the Clerk, National Assembly, Mohammed
Sani-Omolori, to get the necessary evidence and documents relating to
the case.
When contacted on Saturday, the
spokesperson for the AGF and the NPCC, Mr. Salisu Isah, said he was not
aware of any fresh development in the case.
“Just give me some time to find out and revert to you,” he said.
Besides the AGF, who is the Chairman of
the NPCC, the committee consists of 19 members, including the
Solicitor-General/Permanent Secretary, Ministry of Justice, Mr. Taiwo
Abidogun and Mr. Dipo Opeseyi.
When contacted on Saturday, Saraki
decline to comment on the matter, while Ekweremadu said he was not aware
of the new development in the forgery case.
The Special Adviser to the Senate
President on Media and Publicity, Mr. Yusuph Olaniyonu, said, “I have no
comment on the matter,” when he was called on the telephone by one of
our correspondents.
Ekweremadu, who spoke through the
Special Adviser to the Deputy President of the Senate on Media, Mr. Uche
Anichukwu, said, “We are not aware of that” when he was told that the
police had submitted a fresh report to the AGF-led committee.
Another aide to Ekweremadu, who spoke on
condition of anonymity, wondered why the police would file another
report from a fresh investigation when the security agency had sworn to
an affidavit that it had concluded its investigations into the case and
presented it before a court.
2019: Buhari woos South-East with capital projects
As part of political realignment ahead
of the 2019 general elections, President Muhammadu Buhari’s strategists
are wooing the South-East, SUNDAY PUNCH has learnt.
It was gathered in Abuja on Saturday
that the President had directed that infrastructure gaps in the
South-East should be bridged.
It was also learnt that apart from
reviving old alliances with associates, the president’s allies were also
counting on political bridges built by northern politicians with their
eastern counterparts over the years.
In addition to these political moves,
Buhari was said to have ordered contractors handling various
infrastructural projects in the zone to return to site.
This is aimed at ensuring the speedy completion of the rehabilitation of some federal roads in the region.
Findings showed that emphasis would be
placed on the following projects: Port Harcourt-Aba Road,
Abriba-Arochukwu-Ohafia Road (Abia State,;
Oji-Achi-Obeagu-Mmaku-Awgu-Ndeaboh-Mpu-Okpanku Road (Enugu State),
Second Niger Bridge and the Ikot Ekpene Border-Aba-Owerri Road (Akwa
Ibom/Abia and Imo States).
Buhari is also said to be eager to erase
the impression that he would punish the zone for voting against him
during the 2015 election.
This is coming on the heels of subtle
threats by some members of the ruling All Progressives Congress,
especially from the South-West, to reassess their membership.
A prominent member of the party, who spoke on condition of anonymity, said, “Of course, a lot of realignment is going on.
“Even the media war between former Vice
President Atiku Abubakar and Kaduna State Governor, Nasir el-Rufai,
should tell you something.”
He added, “The 2015 elections taught us
that no part of this country can be ignored. The PDP took the
North-Central for granted and they paid for it. The news from the
South-West is giving us concerns but we are addressing the issues. We
don’t want to leave anything to chance.
“The president is a better politician
than many are willing to give him credit for. He listens, he has
instructed that infrastructure, especially roads in the zone, be
revisited. He knows such projects have a direct impact on the lives of
ordinary people.”
The Director General of the Voice of Nigeria,
Mr. Osita Okechukwu, however, said it would be wrong to give political
colouration to the president’s desire to give every part of Nigeria a
sense of belonging.
He explained that in one of his first
acts as president, Buhari approved a bailout for interested state
governments, irrespective of political affiliations to access funds to
pay their workers, some of whom were owed up to 18 months.
Okechukwu said, “The rehabilitation of
roads has started across the land not only in the South-East. Mr.
President is looking for the best way to meet up with the promises we
made during the campaign.
“On the issue of our south-eastern
brothers coming back home to the APC where they belong, you and I know
that nobody can poach somebody like Orji Uzor Kalu. He is not a hungry
man.”
The Senior Special Assistant to the
President on Media, Garba Shehu, could not be reached for a reaction as
calls to his mobile telephone were neither picked nor returned. There
was no response to a text message sent to him as of the time of filing
this report.
However, a highly placed Presidency
source told our correspondent, “I am not aware of any special plan for
the South-East but I know a stakeholders’ meeting similar to what was
held for the South-South is being planned for the South-East (Zone) this
year.”
… FERMA repairs federal roads in Imo
Motorists and road users in Imo State
have begun to heave a sigh of relief as the Federal Roads Maintenance
Agency commenced repairs of some failed stretches of federal roads in
the state.
The motorists plying the busy
Owerri-Obowo-Umuahia road described the repairs as timely and requested
the agency to sustain the tempo of the reconstruction.
One of the commuters, Mr. Benjamin
Mgbelechi, told our correspondent that the deplorable state of the road
had forced motorists to look for detours before joining the main
alignment, which he said occasionally led to crashes.
Mgbelechi noted that the state of the
road had caused untold hardships to road users, adding that it is not
uncommon for motorists who use the road to visit mechanic workshops more
often than not.
Another motorist, Mr. Cletus Ohiri, stated that at Enyiogugu Mbaise axis, motorists witnessed constant traffic gridlock.
He said, “Owing to washout at that spot, motorists spend hours in heavy traffic.”
A 54-year-old resident of Umulogho in
Obowo LGA, Mr. Okechukwu Isika, said the bad state of the road made it
easy for robbers to operate.
Isika commended FERMA, adding that the repairs would save many ugly situations especially as Christmas approaches.
A trader, Mrs. Juliet Njoku, also noted that the bad road had affected their businesses negatively.
She said, “We pay through the nose to
convey our goods to the markets. Even when we get to the market, the
goods are not sold because of the (delayed) time of delivery.
“Also, when we add money to the goods to
make up for the high transportation fare, people don’t buy. They
usually say the price is high.”
A FERMA Engineer in Imo, Mr. Chukwuemeka
Maduagwu, said the agency would ensure that federal roads are without
potholes and failed spots.
Maduagwu said, “Within the limit of
available resources, we will ensure that all failed sections along our
vital economic routes receive attention within the shortest possible
time, especially as Christmas approaches with expected increase in
traffic.”
Thursday, November 17, 2016
THE VOICE MAGAZINE HONOURS, GOVERNOR ABDULLAHI UMAR GANDUJE, OBA OGUNWUSI ENITAN(OONI OF IFE), SENATOR OLUREMI TINUBU OON, SENATOR OLAMILEKAN SOLOMON ADEOLA, OTHERS
The Management of DAMA
MEDIA CONCEPT, Publishers of The Voice Magazine, had released the lists of the
2017 THE VOICE MAGAZINE MERIT AND OUTSTANING AWARDEES.
According to the
statement from the publisher, Mr. Oladele Damilola, the award recipients are: GOVERNOR ABDULLAHI UMAR GANDUJE, ELDER OLOWO O. GABRIEL(President
Sabre Network), SENATOR OLUREMI TINUBU OON, SENATOR OLAMILEKAN SOLOMON ADEOLA, CP
OWOSENI FATAI, OBA OGUNWUSI ENITAN, DR.(MRS) OLUFUNSHO AMOSUN, SENATOR GBOLAHAN
DADA, SP EGBEYEMI SAHEED(CHAIRMAN LAGOS TASKFORCE), PRINCE ADEWALE BELLO(APC
CHAIRMAN, OJOKORO LCDA, LAGOS), MR. ABIMBOLA TOKI-PHILLIPS, SP AJAYI ABAYOMI(DPO
ALAKUKO DIVISION), CSP MUYIDEEN OBE (DPO ONIPANU DIVISION, OTA), GBENGA ARULEBA.
OLOOTU G.A BANKOLE (Chairman Mercyland Int’l College), KRESTAL LAUREL GROUP
IKEJA, PASTOR ALONGE (Chairman, Barachel Group of schools), Prophet Sanni
Oluwagbenga Jp, Mr. Ahmed Taiwo (IDL, Ibadan), TAIWO & KEHINDE FALOBI, MR.
AANU EGBESOLA (MD KERLIN PRODUCTS LTD), COMMANDER SENI OGUNYEMI (TRACE CORPS
COMMANDER, OGUN STATE), MR. F. OJO and others.
The event will holds on
Friday, 24th of February,
2017 at 6.00pm, at Golfview Hotels & Suit, Major General Adeyinka Way,
GRA, Ikeja Lagos. This year lecture will centre on “The Challenges of National Integration
and Survival of Democracy in Nigeria”. The Management has written Chief FEMI
FALANA SAN as the notable Guest speaker.
Refineries may become scrap once Dangote’s begins production – Kachikwu
The four refineries belonging to the
Federal Government may end up as scrap once the Dangote Group begins
processing crude oil at its refinery in Lagos by 2019, the Minister of
State for Petroleum Resources, Dr. Ibe Kachikwu, has said.
According to him, if the country fails
to take urgent steps to revamp the refineries in Port Harcourt, Warri
and Kaduna, the facilities may be worthless in three years’ time after
the Dangote refinery must have come on stream.
Kachikwu, who spoke at a stakeholders’
consultative forum on the draft National Gas Policy and National Oil
Policy in Abuja on Thursday, stressed that Nigeria had no other option
than to ensure that its refineries work in the shortest possible time.
The minister said, “Refineries will have
to work. It is really not an option anymore. And not only should they
work, they have to work very quickly. The reality is that if we do not
privatise and we do not concede them, which is not what we are doing
now, then we have a responsibility to find private capital to get them
to where they should be.
“This is because if we do not get them
to work, in 2019, I can assure you that if the Dangote system works
well, we will have scrap, we won’t have refineries, because by then it
will be too late to do anything.”
Kachikwu urged stakeholders to work
together in bringing down the cost of production in the industry to a
reasonable and manageable level, noting that crude oil was still being
produced at $27 per barrel in Nigeria.
This production cost, according to him,
is high as no decent country will produce at that amount at a period
when the oil price is unpredictable.
“We are going to try to get those figures below $18 per barrel,” he said.
On the total deregulation of the
downstream oil sector, Kachikwu said, “At every given time in the
history of every country, you will always have partial deregulation. The
reason being that you have to catch up each time and make an amendment,
and even if it is just one day, you may have some level of subsidy for
that one or two days before it is removed.
“What is important is the goal post,
where are we headed? Where we are headed is to try and free the industry
so that it can do its own rules and set its own prices. There are few
mechanics that we still need to get in place properly. We can’t forget
the fact that we still have foreign exchange challenges and that income
to the government is still very tight.
“You still have to find a way to balance
that. But what is important is what the objective is. And the objective
is still to fully deregulate.”
The minister stated that more policies
and activities had to be fine-tuned in the petroleum industry to make it
run smoothly like in other countries where the sector was being
successfully run, adding that Nigeria would exit Joint Venture cash
calls before December this year.
He said, “We have dealt with subsidy
removal. We began the process of exiting Joint Venture Cash Call.
Hopefully, before December, we will get to a point where Joint Venture
cash call would be a thing of the past.”
Why we bought N3.6bn exotic cars during recession –Reps
The House of Representatives on Thursday
defended its decision to buy exotic cars for its 360 members at a
period the country’s economy is in recession.
It said lawmakers must have a means of
mobility while carrying out oversight duties over Ministries,
Departments and Agencies of the Federal Government.
The House will spend at least N3.6bn
across 24 months to complete payment for the luxury vehicles supplied
by the Kaduna-based Peugeot Automobile Nigeria Limited.
The PUNCH had reported
exclusively on Monday that the firm had already delivered 28 units of
Peugeot 508 series to members in the first batch of 50 cars.
A total of 360 units of the exotic automobile would have been delivered by January 2017.
The Deputy Chairman, Committee on Media
and Public Affairs, Mr. Jonathan Gaza, while defending the procurement
of the cars on Thursday, said that recession would not stop lawmakers
from performing their legislative duties.
He argued that in a recession, both the
executive and legislative arms of government were expected to work even
harder to find urgent solutions to challenges facing the country.
Gaza noted that while working during
recession, members were not expected to trek to the premises of the MDAs
for oversight duties.
He added, “In a recession, we will all
put on our thinking caps. We are working; these are committees’ cars and
they are not the personal property of members.
“When you came here today, how did you come? Did you walk down to this place (National Assembly) from your house?
“If a member is going to visit an agency, will he trek there?
“We need materials, computers, stationery, cars; these are all for work.”
Asked to comment on whether the National
Assembly would approve Buhari’s bid to take a loan of $29.96bn, Gaza
replied that discussions were ongoing between the two sides.
The lawmaker said no conclusions had been reached.
He also declined to speak categorically
on whether the government had begun making releases for the constituency
projects of lawmakers.
The constituency projects of senators and members are worth N100bn in the 2016 budget of N6.06tn.
The refusal of the government to fund
the projects is reported to be one of the sore points in the
relationship between Buhari and the National Assembly.
But, when asked a direct question on the issue, Gaza parried it.
“We don’t release money for constituency
projects. Our work is to pass the budget and we passed the 2016 budget.
It is the responsibility of the executive to release funds for
projects.
“Also, the money is not paid into our pockets, we don’t touch it,” he replied.
Wednesday, November 16, 2016
Lagos-Ibadan Expressway tanker fire causes 15-hour gridlock
A large number of motorists were held up
on Wednesday in a 15-hour gridlock, caused by a multiple accident on
the Kara Bridge, Ogun State end of the Lagos-Ibadan Expressway.
While the motorists could not abandon
their vehicles, many commuters, however, resorted to trekking from
Berger to the OPIC end of the expressway, where the gridlock eased.
It was also observed that from the scene
of the incident in Ogun State, the traffic stretched to the Ogudu and
Ikeja areas of Lagos State.
The gridlock was compounded by another
tanker loaded with fuel which fell on the Otedola Bridge, Berger, Lagos,
and spilled its content.
While three persons died in the Kara
Bridge accident, two occupants of the tanker on Otedola Bridge sustained
varying degrees of injuries.
PUNCH Metro learnt that the
accident at Kara occurred around 2.30am after the driver of a tanker
loaded with diesel lost control of the vehicle and rammed into a truck
conveying crates of beer.
A few minutes later, another truck
brushed the side of a Toyota Corolla and ran into the tanker and the
truck. The impact ignited the fire.
As the fire raged, another truck
carrying bags of flour rammed into the burning vehicles. The truck and
the flour were partially consumed by the raging fire.
It was gathered that six vehicles –
three trucks, two trailers, and one Toyota Corolla – were involved in
the crash, which resulted in a fire outbreak. The inferno reportedly
raged for about an hour before it was put out by men of the Lagos State
Fire Service.
However, the flour was still smoldering as of 10am when one of our correspondents visited the scene.
No fewer than three persons were burnt
to death, while five of the vehicles were razed, bringing traffic to a
standstill. One of the trailers had KTU 396 XK as its number plate.
The corpses of the victims were said to have been deposited in a morgue.
It took a joint effort of the Lagos
State Emergency Management Agency, the National Emergency Management
Agency, the Federal Road Safety Corps, the Ogun State Traffic Compliance
and Enforcement Agency (TRACE), the police, the Nigeria Security and
Civil Defence Corps and the Nigerian Army to completely clear the
wreckage around 3.30pm; but the traffic did not ease until about 6pm.
The owner of the burnt Toyota Corolla,
Kehinde Ibrahim, told one of our correspondents that he was returning
home from work when the incident happened.
He said, “I was coming from the office
in Lagos, going towards Mowe in Ogun State. It was around 2am. When I
got to Berger, the traffic started building up. At a point, it stopped
moving. It eased a bit and I got to Kara. A truck coming from the rear
brushed my vehicle by the side and rammed into the tanker, starting the
fire.
“I couldn’t see anything as the fire was
everywhere. I still don’t know how I escaped. I started running until I
got to the OPIC area; I didn’t look back. It was after the fire
subsided that I came back to see what had become of my car. It had been
razed.”
A motorist, Desola Adigun, who lives in
the Oshodi area of Lagos, said he was travelling to Osun State when he
became trapped in the gridlock around 7am in Berger.
Adigun, who spoke with one of our
correspondents at about 2pm said, “I wanted to see a business partner in
Osogbo and we had already agreed to meet at a hotel by 12pm. I got to
Berger at 7am and became stuck in the traffic. I have spent about six
hours here.”
A commuter, Mr. Dauda Oladapo, told PUNCH Metro that he trekked from Berger to the OPIC bus stop before he took a motorcycle to his office in the Magboro area of Ogun State.
“I was at Berger around 10am and everywhere was blocked. Commercial motorcycle operators (okada riders) were charging N1,000 to Magboro, which is normally N100. I had to trek to OPIC and took an okada to the office. I paid N300,” he said.
A pepper seller, Mrs. Oyindamola Alabi,
who was also in the traffic, said, “The bus I boarded from Ketu became
stuck in the traffic immediately we took off from the bus stop. We spent
three hours before we got here (Otedola Bridge). I am very tired.”
The Chairman LASEMA, Mr. Adesina
Tiamiyu, said preliminary investigation carried out by the agency
indicated that the accident was caused by speeding.
He said, “We received a distress call at
about 3.08am on Wednesday. The tanker driver was said to have abruptly
applied brake at the Kara Bridge outward Lagos, resulting in multiple
accident and fire outbreak.
“Investigation carried out at the scene
of the incident revealed that the diesel-laden tanker caught fire after
it rammed into a truck carrying brewery products. A combined team of
emergency responders combated the inferno and successfully put it out.
The road was cordoned off in order to prevent further loss lives. Six
vehicles were burnt.
“The accident on the Otedola Bridge was
also caused by speeding. Road users, especially articulated truck
drivers, must avoid speeding and adhere to safety regulations to
forestall avoidable disasters.”
The Zonal Commander of Lagos and Ogun
states, FRSC, Assistant Corps Marshal Shehu Zaki, blamed the incident on
indiscipline on the part of the drivers.
He said, “There was traffic at that time
and instead of them to go on two traffic streams, they (motorists) were
going on four, and as a result, the vehicles collided and that ignited
the fire.”
The spokesperson for NEMA, South-West
zone, Ibrahim Farinloye, said three persons were burnt to death, while
one person survived with injuries.
“Another fire incident was averted on
the Otedola Bridge when tanker carrying petrol fell and spilled its
content. Firefighters were able to contain the situation,” he added.
Giving details of the vehicles involved
in the accident, the Public Relations Officer, TRACE, Babatunde
Akinbiyi, said, “A Foton truck with number plate, LSR 299 XM, a Man
Diesel truck with number plate, AGL 820 XR, and a Daf truck with number
plate, FST 299 XR were burnt.”
Police kill one, arrest six in Calabar bank robbery
The Cross River State Police Command on Wednesday said it killed one suspected criminal and arrested six others shortly after the hoodlums robbed a micro-finance bank in Calabar.
The state Commissioner of Police Mr Jimoh Ozi-Obeh, disclosed this in Calabar while briefing newsmen on the successes recorded by the command against the gang.
Ozi-Obeh, who paraded the suspects at the command’s headquarters, said the incident took place on Tuesday November 15 along Mayne Avenue by Inyang Street in the Calabar South axis of the metropolis.
He said the surveillance team attached to the Atakpa Police Division received a distress call from concerned members of the public informing them about the ongoing robbery at the micro-finance bank.
“On November 15, 2016, men of the surveillance team attached to the Atakpa Division received a distress call of a bank robbery in Calabar South.
“My men immediately swung into action and confronted the gang in a serious gun battle which eventually led to the death of one of them by name Alex.
“We also arrested six of them and when searched, we recovered one black Toyota Camry without number plate; one locally made pistol, pump-top handset, phones, ATM cards and others.
“Out of the six suspects arrested, one of them is in the hospital receiving treatment after receiving serious gun shots. I must respectfully commend members of the public who availed us the useful information that led to the arrest of these suspects,” he said.
The commissioner, who said no money was recovered from the suspect during the arrest, added that the war against criminality in the state was a continuous process that required the collaborative efforts of all.
Police arrest allegedYahoo plus boys in Ibadan
The Oyo State Police Command has arrested three internet fraudsters, who until their arrest, were into cyber crime, popularly known as “yahoo plus”.
This was made known by the Police Public Relations (PPRO), SP Adekunle Ajisebutu, in a statement made available to journalists in Ibadan.
According to Ajisebutu, “their arrest was made possible following a tip-off by members of the public.“The suspects, Lanre (26), Sukanmi (28) and Opeyemi (26) were picked up from their hideout at Soka area, Ibadan, at about 6.30 a.m. on Wednesday, November 16 by the command’s Anti-Kidnapping Squad. “The suspects who had been elusive for some time now, were eventually arrested after several days of intelligence gathering and painstaking investigation carried out by the police.
“During interrogation, the suspects confessed to being internet fraudsters and had defrauded many innocent victims they referred to as ‘clients’ of their hard-earned money in Naira and foreign currencies. They also disclosed that they often use charms to facilitate their illicit business.
“This they did by hypnotising victims and ‘commanding’ them to part with their Dollars and valuable properties. They further disclosed that those who had fallen victims included foreign nationals and Nigerians.”
Ajisebutu revealed that exhibits recovered from them included four assorted laptops and charms.
The police image maker said the state Commissioner of Police, Samuel Adegbuyi, has directed that a discreet investigation be carried out about their other nefarious activities at the end of which they would be arraigned.
He, however, advised youths to shun crimes and engage in legitimate businesses, even as he vowed to prosecute unrepentant criminals in the state.
I didn’t join APC to escape EFCC trial – Kalu
A former governor of Abia State, Orji
Uzor Kalu, said he did not join the All Progressives Congress because of
his travails in the hands of the Economic and Financial Crimes
Commission.
Kalu was responding to questions from
reporters after he was received by the Chief John Odigie-Oyegun-led
National Working Committee of the APC in Abuja on Wednesday.
When asked whether he was joining the
party because of his travails at the hands of the EFCC, Kalu said, “My
family members are here (APC) and I am coming to join them.”
He explained that his decision to join
the party was largely due to pressures from his family, friends,
political associates and other well wishers who placed a premium on his
political value.
The former governor added, “All my
friends are here. I am not saying my friends are not in the other party
but it’s time to take stock.
“It is important to go along family lines in order to rebrand Nigeria. I am back to join where my family are.
“If I had joined earlier at the time
they were forming government, it would look like I am trying to join
them to form government. This is the right time for me to join because
this is the middle time between now and the next season to do politics. I
am joining now to be able to play raw politics.”
He maintained that his decision would
help convince his kinsmen especially in the South-East that “the APC is
an all inclusive party which has the growth and development of Nigeria
as the reason for its existence.”
The entrepreneur, publisher and
businessman also announced that since he registered in his ward on
Sunday, over 4, 800 others had registered as members of the party.
He announced that there two sitting
members of the House of Representatives from Abia would soon make public
their decision to join the APC.
The politician dismissed insinuations
that the APC would disintegrate before 2019. He expressed confidence
that the party had come to stay.
Kalu, who described himself as a
complete Nigerian, said he schooled in the North, learnt to do business
in the South-West and “by virtue of my birth, I’m an Igbo man.”
“The South-East and other parts of the country will be delivered to the APC in 2019,” he vowed.
Kalu pledged to abide by the party’s rules and regulations as well as carry out any task entrusted to him by the party.
Earlier, in his remarks, Odigie-Oyegun
had described the former governor as a leader whose entry into the APC
was worth celebrating.
Retirement benefits: Ex-gov Oshiomhole, deputy to get N300m mansions
The Edo State House of Assembly has
amended the bill for a Law for Pension Rights of the Governor and Deputy
Governor, with the immediate past governor, Adams Oshiomhole, and his
former deputy, Dr. Pius Odubu, expected to be some of the beneficiaries.
The House, with the new amendment,
approved the provision of residential buildings worth N200m and N100m
for the governor and his deputy at the expiration of their tenures.
The bill also provided that the buildings could be sited in any location of their choice.
While passing the bill on Wednesday, the lawmakers suspended relevant sections of its rule.
The Speaker, Dr. Justin Okonoboh, also
directed the clerk of the House to accord the bill a third reading and
send copies to the Office of the Governor.
Okonoboh observed that the last two
months had been eventful for the state with the coronation of a new Oba
of Benin, Oba Ewuare II, and the election and swearing-in of Godwin
Obaseki as the fifth civilian governor.
Tragedy on Lagos-Ibadan Expressway
Available information reaching The Voice Magazine
indicates that three tanker loads of premium motor spirit (PMS) and baking flower
has caught fire at Waawa, Mowe area of Ogun State.
The traffic situation has however been heated up as vehicles
are now in a serious gridlock. On both sides vehicles could hardly move up till
toll gate area of Lagos State.
Three dead in Lagos-Ibadan fire accident
Three people were burnt beyond recognition on Wednesday,
November 16, 2016, in a multiple fire incident involving a diesel-laden tanker
and four other vehicles at Kara Bridge on the Lagos-Ibadan Expressway.
The Lagos State Emergency Management Agency, in a statement,
said the incident occurred at about 3.08am.
LASEMA said that investigation revealed that the tanker,
which was fully laden 33,000 litres of diesel caught fire when it ran into a
truck carrying brewery product at high speed.
The statement said, “The driver was said to have abruptly applied brake at the Kara Bridge outward Lagos resulting to multiple accident and fire outbreak with colossal loss.”
It said that the tanker, two containerised trucks, two
trailers, and one Toyota Corolla car were burnt in the accident.
The General Manager LASEMA, Mr. Adesina Tiamiyu, advised road users especially articulated truck drivers to avoid over-speeding and adhere to safety regulations while plying the road so as to forestall avoidable disasters.
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THE AGONY OF NIGERIA ROAD USERS
The people of Ado-Odo/Ota local govt. area of Ogun
State and all other road users has called on the governments especially the
state government to come to their aids as the Lagos/Abeokuta express way has
become a deathtrap.
Speaking with our
reporters, the motorists and residents of the area decry the way and manner the
federal government abandoned the road for over several years without any
palliative measure or touch .Ayoola Taiwo who was a bus driver said, before
they go from Agege to Ifo at list 10 times in day before, but now, they manage
to go between ranges of 4 to 6 times because of the bad portion of the road.
One of the inter-state
driver simply identify himself as Ayinde said that before they ply between
Lagos and Abeokuta almost 5times a day or more depends on the market but now,
he said they manage to go on only 2 trips per day due to the bad roads. The
resident associations lament the rate at which the motorists has spoiled their
community roads, a bye-pass road to the expressway, they said since the road
has spoilt, the motorists has find another means of linking the good part of
the express road by passing through their community which it has badly affects
our roads and pose danger to our people.
You will recall that we
reported that Lagos/Abeokuta expressway is in a bad condition and proper
attention must be given to it to prevent serious danger along the road. The
road users are finding it difficult to get to their various destinations or
meet up with their appointment at appropriate time.
The people call on Mr.
Babatunde Raji Fashola to look into their plights and find a lasting solution
to the road.
Also in the same vein,
the people of Owode have called on the government to Sen. Ibikunle Amosun to
help them in the area roads and other social amenities in the community. They
reminded the governor of his campaign promises as regards the main road of the
community.
Speaking with our
editor on phone, the chairman Area Community Development Committee Chief Jacob
Whenu said they are appealing to the governor not to forget his campaign
promises, he lament the pains that the people go through every day when going
out for their daily work.
The Residents of communities in
Idi-Agbalumo, Lafenwa, Itele and other communities in Sango Ota area of Ogun
State have decried the deplorable state of road network in their communities.Consequently, the residents have since abandon the roads.
They noted that the bad state of the road had prompted commercial motorcycle operators to increase the fares by over 200 per cent .
The residents have, therefore, urged the Ogun State governor, Ibikunle Amosun, to urgently fix the roads and save thousands from the agony of driving through bad roads.
Ibrahim, whose father owns a house in Itele said: “We have been living here for more than seven years but this is the worst period, considering the state of the road.”
Aside the Lagos-Abeokuta Expressway, the road here used to be the link to Ayobo and Iyana-Ipaja areas of Lagos State but it has completely failed .
According to him, “it is always a terrible state, whenever it rains. Our people suffer a lot whenever it rains. Sometimes some of us don’t even come home, whenever it rains.”
Gbenga, a resident of Idi-Agbalumo told Nigerian Tribune that “the road in the area was constructed by the last administration in the state but it is now worse than it used to be.
“Commercial motorcyclists and tricycle operators now seek for alternative routes in order to avoid this deplorable link road.
“Government should not only consider the thousands of people in the communities here. They should consider the revenue prospect.
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