Wole Balogun, Ado Ekiti Ekiti State Governor, Ayodele Fayose, made his first public appearance in Ado Ekiti, the state capital, yesterday, after the July 14 poll, which produced All Progressives Congress’ (APC) candidate, Kayode Fayemi, as governor-elect. He was hailed by a huge crowd of market women, kids, aged and youths on the street of…
Mr. Adetokunbo Kayode, President, Abuja Chamber of Commerce and Industry (ACCI), says the management of the funds for Small, Medium and Enterprises (SMEs) by banks in Nigeria is a weak link in the financing of small businesses.
Kayode said this during his inauguration as the 10th President of the Chamber in Abuja on Tuesday, January 23.
“We all appreciate government’s interest to support SMEs, especially on the issue of funding. But the management of the SME funds by the banks is a very huge issue, a weak link in the chain.
“We all know our banks are not structured to fund SMEs. The organized private sector is therefore ready to help canvass and develop new concepts of alternate funding mechanism for SMEs. This will include finance leasing, peer certification for scrutiny of facility for SMEs,” he said.
Kayode also called on the Federal Government to fully operate the National Economic Council and urged state governments to replicate same.
According to him, that is the body that will help plan the economy, where critical policies are determined.
He said this would bring the era of reactionary and ad hoc policies to an end.
He advised that government at all levels should imbibe the ideal that governance was for the welfare of the people, and that to achieve that, there must be a national vision.
He explained that vision 20:20:20 died the day it was launched because the government did not conceive, birth and own it.
“A government must set up its own high ideals and with passion, chart a mission course to achieve that vision,” he said.
The ACCI president called for an end to the emphasis by government agencies on revenue collection.
“All these agencies have their core mandates; we want agencies in 2018 and beyond to concentrate on their core function which is to support enterprises to grow, rather than their unbridled demand for payment of revenues.
“All these make doing business very harrowing and unprofitable. It is unacceptable for a people to pay for compliance with the law. Agencies ought to make it easier, cheaper, to obey the law, then make breaking the law very expensive,” he said.
Kayode said the chamber would move from an amorphous organogram to a structured organisation. According to him, the chamber will set up a secretariat with four centres, including business entrepreneurship, skills and technology centre and the Abuja trade and convention centre.
Mrs. Iyalode Lawson, the National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), also called for support from members to achieve its planned goals for the benefits of the association.
Lawson advised the president to carry out his vision through public policy advocacy tools and in-depth knowledge.
“The association believes that with the inauguration of the president, the chamber will achieve more remarkable increase in prestige, membership and finances.
“I look forward to the establishment of new ventures while existing ones continue to thrive,” she said.
Lawson said NACCIMA would support Abuja Chamber to advocate for policies and programmes that could benefit the private sector and encourage the growth and development of enterprises in Nigeria.
— 18th July 2018
David Onwuchekwa, Nnewi The Anglican Communion in Aguata Local Governmnet Area of Anambra State has barred intending couples in the diocese from living together as well as pregnancy before wedding. Other practices banned in the diocese are conducting church wedding before traditional rites and the bride and her maids putting on attires which expose parts…
— 18th July 2018
…Alleges over 300 members of PDP, top aides are still clamped in detention by security agents “I have been under House Arrest in Govt. office”, he decries Governor of Ekiti, Ayodele Fayose on Tuesday made his first public appearance in Ado Ekiti, state capital after the July 14 poll which produced All Progressive Congress (APC)’s…
— 18th July 2018
Obinna Odogwu, Abakaliki Ebonyi State Governor, Chief David Umahi, has described as laughable and mischievous reports in social media, especially the Facebook, that he has covertly dumped the People’s Democratic Party (PDP) and joined the All Progressives Congress (APC). He said although he has a cordial relationship with President Muhammadu Buhari, he has no intention,…
— 18th July 2018
“It is surprising that even though we have begun paying these arrears dating back to 2013, which the current board inherited, we still have to deal with this little impasse.” – Spokesman Niger Delta Development Commission (NDDC) has expressed dismay over the disruption of activities at its headquarters in Port Harcourt, yesterday, by officials of…
Entertainment— 17th July 2018
Metro Model and mum Mara Martin walked the catwalk while breastfeeding her five-month-old daughter, Aria. Breastfeeding is a natural, normal part of life. It’s a shame that many women have been made to feel ashamed to do it in public – which is why it’s so refreshing to see breastfeeding being represented (and celebrated) on…
South-West Report— 11th July 2018
… As 192 Battalion officers clean up Ogun community Laide Raheem, Abeokuta In commemoration of the Nigerian Army Day celebration on July 6, men and officers of 192 Battalion (Rear), Owode-Yewa, recently embarked on a massive environmental sanitation exercise at Atan Junction, along Sango-Owode-Idi-Iroko Road in Ogun State. The soldiers, who were led by their…
Abuja Metro— 18th July 2018
Romanus Ugwu, Abuja Sometime in May 2015, six staff of Radio Nigeria had a brush with death on the Musa Yar’Adua Expressway, popularly called Airport Road, Abuja. The car conveying them home, after a stressful production hours, had rammed into another vehicle while the driver was receiving a telephone call. According to the most senior…
Oriental News— 15th July 2018
Peter Anosike The President of United Igbo Traders of Nigeria (UNITRAN), Chief Chris Eberego Ezeh, has given reasons why Enugu State is relatively peaceful. According to him, Governor Ifeanyi Ugwuanyi has created a new phenomenon in governance that has engendered peace. Speaking in an interview with Sunday Sun, the Ukehe-Igbo Etiti, Enugu State-born business mogul…
Features— 18th July 2018
– Lockdown means more pain, anguish for residents, as Apapa gridlock extends to Isolo – We spend 2 weeks from Mile 2 to ports, truck drivers lament Cosmas Omegoh The gridlock on Apapa-Oshodi Expressway in Lagos and other adjoining areas has worsened. As at yesterday, it had attained phenomenal heights. The road, at the moment,…
Literary Review— 7th July 2018
Gold rush and a bucket of tears Henry Akubuiro The last thing I imagined when I saw Ambrose Madu’s book, Raising the Dust Crime: Who is Involved? was a work of fiction. It didn’t sound like one. I thought it was a book on either law, criminology or psychology, not until I leafed through the…
Lifeline— 13th July 2018
Tessy Igomu With a scowl on his face, Elendu Uche, a businessman, shook his head slowly, letting out a deep sigh. Sitting behind the wheel of his Honda Camry, he was soaked to the skin with sweat as the afternoon sun bared its fangs ferociously. His frustration was palpable and he was not making an…
Education Review— 16th July 2018
Fred Ezeh, Abuja The Federal Government has confirmed that, barring any last minute change, it will host regional conference on education, in Abuja, later this year. The conference would afford all stakeholders the opportunity to showcase success story in the development of education in their respective countries. Government said a desk office had been raised…
TSWeekend— 6th July 2018
Tosin Ajirire Lagos came to a standstill on Tuesday, as Afrobeat king, Femi Anikulapo-Kuti, hosted President Emmanuel Macron of France to an epic show at the Afrika Shrine, Ikeja, Lagos. In this exclusive interview conducted shortly before the show, the musician opened up on why the French president’s visit has vindicated his dad, Fela Anikulapo-Kuti….
Opinion— 18th July 2018
“In praise of football” would have been the most appropriate heading of this reflection. However, the realization of the global symbolism of today’s meeting in Helsinki, Finland of two great world leaders of Russia and the United States of America, compelled a deeper introspection of the thematic area. There are obviously four dominant issues that…
If Mrs. Adeosun applied for an exemption certificate it should be easy for the NYSC to tell the public without any prolonged silence whether she deserved to receive and whether she did receive an exemption certificate from the NYSC. I have admired Mrs. Kemi Adeosun, the Minister of Finance, from a distance. She speaks English the…
Should an incumbent president be re-elected because of his region of origin, his ethnicity, and his religious faith or should his re-election be based principally on his record of achievement? These questions have emerged following a bizarre remark by the director-general of the Voice of Nigeria (VON), Osita Okechukwu, in his public campaign for the…
“Until we ask questions of men and women who live above their means, in and out of office, the youths of this beleaguered country would continue to seek avenues of easy wealth…” Tony Iwuoma Just last week, my younger cousin’s wife was snatched with her three little children by kidnappers around Irete in Imo State….
Imagine running for governor in 2023, you won’t like it (would you?) if someone serves you from the Ita Enang book of insults. Dear Distinguished I don’t do this, always. In fact, I never do this, and you know it. But, I know because you know me, you would understand why I have elected to…
Like Fayose, our democracy has serious neck pains. It needs urgent treatment. One of the maladies happens to be the security agencies. They tend to show bias for the government in power. Casmir Igboke The build-up to the just-concluded Ekiti governorship election was highly dramatic. Act One, Scene One: Minister of Labour, Dr. Chris…
“My mandate will be to set up an interim government, which I have christened government of national reconciliation and reconstruction…” As we approach another election cycle, the prognosis for a national crisis coveys a reality of frightening proportions. We are confronted by existential threats that seek to engender the fragmentation and disintegration of our nation…
“We have repeatedly elected clowns and political merchants as lead- ers. In 2019, the outcome of the elections will signal what lies ahead.” Fred Itua Ngugi Wa Thiong’o, one of Africa’s finest writ- ers, published a book, Weep Not, Child, in the ear- ly 1960s. As a young univer- sity undergraduate, I briefly became a…
I saw it in its dour state, void of grandeur. And last week, I saw it in its new splendour, full of radiance. The Stephen Keshi Stadium in Asaba, Delta State now wears a new look, a befitting status for a man we call Skippo. Keshi was Nigeria’s most benevolent footballer and easily the most…
Political corruption has violated public trust and the social contract that underpin our democratic existence as a nation. The creation of a functional and balanced human system is largely dependent on in-built mechanisms and processes that serve as necessary architectural framework for self regulation. These instilled checks and balances avert exploitations, despotism and totalitarianism while…
World Cup 2018 has come and would end later this evening. It has lived up to expectation. For over three weeks the world has been entertained. It has been a world cup of surprises; the traditional football masters like Brazil, Argentina, and Spain, were sent packing early in the competition and for most fans that…