Connect with us

Economy

FAAN: We won’t shut down Kaduna Airport, only few staff affected MD

Published

on

FAAN confirms flight resumption, unidentified corpse on runway during inspection

…This is frontal threat to Foreign Direct Investment – Stakeholders***

The flow of foreign direct investment was frontally threatened, following a Saturday attack on the Kaduna International Airport, and the kidnap of some staff. The Federal Airports Authority of Nigeria (FAAN) however says it would not be intimidated into shutting down the airport, in spite of the attack on its workers.

“This is a direct warning signal to the business class. If you cannot protect those working in an International Airport, how would an average businessman feel, using your airport?”,  Mrs. Risikat Agboola, a businesswoman at Mokola in Ibadan, asked, pleading with the Government to do something urgent.

But another Stakeholder, Emmanuel Ndudi said the Government is seemingly confused and at it’s wits end, especially in it’s capability to protect citizens, saying he expects Government to come up with another stupid excuse.

“What you reward is what you multiply. You cannot be rewarding kidnappers with ransom and then, turn around to complain that it is growing!” Ndudi said, stressing that Tel-Aviv was not protected by prayers, but by the Israeli government.

The FAAN’s Managing Director, Capt. Hamisu Yadudu however said the abduction affected only a few staff. He made the clarification during an oversight visit by the Senate

Committee on Aviation to various airport agencies in Lagos.

Yadudu said the management of FAAN, Lagos State Government and the various security agencies would not relent in their efforts at ensuring the safety of human and equipment at all the nation’s airports.

He said FAAN had already beefed up security networks in all the nation’s airports.

According to him, the current attack will not discourage FAAN from clamping down on any heinous crime anywhere within the sector.

“This incident is entirely different from closing down the airport. It is a security concern that we have at our staff quarters.

“A lot of our staff do not even live in these quarters. If there is need for us to close it, we will close it, but this is even far away from it.

Also read:  Wike wants PIB to allocate 10 per cent of revenue to oil-bearing communities

“There is no need for that drastic action; just small percentage of our members of staff stay in the staff quarters; the rest are all living in the town.

“You can see that the staff quarters are fenced. We are taking appropriate measures, but like I said, we just have to improve to counter these challenges.

“Though, the fence was broken, but somehow, somewhere, things happened, and now it is time for us to counter as we have been doing always,” he said.

Yadudu insisted that FAAN had since 2020 further beefed up security at the various airports across the country, which he said had foiled attacks in the sector.

Responding, Sen. Smart Adeyemi, Chairman of the Committee, regretted the sordid security challenges that had pervaded the country in recent times.

Adeyemi, however, called on all to embrace local government policing.

The committee chairman said that Nigeria, as a federating unit, should not shy away from taking a decisive action to tackle the menace.

He said that in spite of increase in the population of the country over the years, the security architecture remained the same, while Nigeria was faced with porous borders.

Adeyemi called for the restructuring of the entire country in a bid to address the various security challenges confronting it, wondering why some continued to kick against restructuring.

The committee chairman said that agitation for restructuring would not lead to secession of the country, as being claimed in some quarters.

Adeyemi said that the time had come for Nigeria to look at, not just at state police, but a local government policing.

This, he said, was the factor behind the effective security system of the U.S.

“There is a need for us to develop new security architecture for Nigeria; our population has increased and we are still faced with porous borders.

“Nigeria is not a clear cut federal system. I don’t know how to describe this country; federal system or unitary system?

“But, I do know that Nigeria is said to be a federation and all nations where federalism is practiced, we do not run a unitary system of policing.

“I think the time has come for Nigeria to evolve a system that will appreciate the size of the nation and the diversities.

“You don’t recruit a graduate that graduated from the University of Maiduguri, for instance, and you post him to Lagos to come and police.

“He doesn’t know the system and the areas. So, criminals can take advantage of that,” Adeyemi said.

Also, Capt. Fola Akinkuotu, the Managing Director of NAMA, appealed to the Federal Government to improve aviation security across the airports in the country.

Akinkuotu said this would further protect aviation infrastructure across the country.

He said that almost 24 hours after kidnappers abducted its staff, five family members and three other persons at the Kaduna Airport, their abductors were yet to make contact with the agency.

 

Economy

Troops Destroy 51 Illegal Refining Sites, Recover Stolen Crude Oil – DHQ

Published

on

….Destroy 7 dugout pits, 25 boats, 47 storage tanks, five vehicles, one outboard engine, others

The Defence Headquarters says  troops of Operation Delta Safe have  destroyed 51 illegal oil refining sites and recovered stolen crude oil and refined products in the Niger Delta in the last one week.

The Director of Defence Media Operations, Maj.-Gen. Edward Buba, disclosed  in a statement on Friday in Abuja.

Buba said the troops also apprehended 58 perpetrators of oil theft and denied them of  estimated sum of N668.7 million

He said the troops destroyed seven dugout pits, 25 boats, 47 storage tanks, five vehicles, 141 cooking ovens, one pumping machine, one outboard engine, one tricycle, one speedboat and one tugboat.

According to him, troops recovered 267,700 litres of stolen crude oil, 567,700 litres of illegally refined AGO and 5,000 litres of DPK.

“Troops has maintained momentum against oil theft and arrested persons involved in oil theft in Bonny and Ikpoba Local Government Areas of Rivers and Edo States respectively.

“Troops also arrested suspected armed robbers and foiled illegal bunkering activities in Oshimili South and Ukwa West of Delta and Abia States respectively,” he said.

In the South East, Buba said  troops of Operation UDO KA arrested 15 suspected criminals and repelled attacks by IPOB/ESN criminals in Anambra, Abia and Imo States.

He said the troops conducted raids and rescued kidnapped hostages in Ishielu and Igbo Eze North Local Government Areas of Ebonyi and Enugu States respectively.

He said the troops neutralised three criminals, rescued five kidnapped hostages and recovered 14 rounds of 7.62mm NATO ammo.

In the South West, Buba said  troops of Operation AWATSE foiled armed robbery attacks in Orelope and Olorunsogo Local Government Areas of Oyo State and arrested a gunrunner in Obafemi Owode Local Government Area of Ogun.

According to him, troops rescued 15 kidnapped hostages and recovered two vehicles.

“All recovered items, arrested suspects and rescued hostages were handed over to the relevant authority for further action,” he added.

Continue Reading

Economy

NEPZA Boss Says Nation’s Free Trade Zones Not Really `Free’

Published

on

The Nigeria Export Processing Zones Authority (NEPZA) says the country’s Free Trade Zones are business anchorages that have for decades been used to generate revenues for the Federal Government.

Dr Olufemi Ogunyemi, the Managing Director of NEPZA, said this in a statement by the authority’s
Head of Corporate Communications, Martins Odeh, on Monday in Abuja, stressing that the the widely held notion that the scheme is a `free meal ticket’ for investors and not a means for the government to generate revenue is incorrect.

Ogunyemi said this public statement was essential to clarify the misunderstanding by various individuals and entities, in and out of government, on the nature of the scheme.

He reiterated the authority’s commitment to enhancing public knowledge of the principal reason for the country’s adoption of the scheme by the NEPZA Act 63 of 1992.

“The Free Trade Zones are not hot spots for revenue generation. Instead, they exist to support socioeconomic development.

“These include but are not limited to industrialisation, infrastructure development, employment generation, skills acquisition, foreign exchange earnings, and Foreign Direct Investments(FDI) inflows,” Ogunyemi said.

The managing director said the NEPZA Act provided exemption from all federal, state, and local government taxes, rates, levies, and charges for FZE, of which duty and VAT were part.

“However, goods and services exported into Nigeria attract duty, which includes VAT and other charges.

“In addition, NEPZA collects over 20 types of revenues, ranging from 500,000 dollars-Declaration fees, 60,000 dollars for Operation License (OPL) Renewal Fees between three and five years.

“There is also the 100-300 dollar Examination and Documentation fees per transaction, which occurs daily.

“There are other periodic revenues derived from vehicle registration and visas, among others.

“The operations within the free trade zones are not free in the context of the word,” he said.

Ogunyemi said the global business space had contracted significantly, adding that to win a sizable space would require the ingenuity of the government to either expand or maintain the promised incentives.

“These incentives will encourage more multinational corporations and local investors to leverage on the scheme, which has a cumulative investment valued at 30 billion dollars.

“The scheme has caused an influx of FDIs; it has also brought advanced technologies, managerial expertise, and access to global markets.

“For instance, the 52 FTZs with 612 enterprises have and will continue to facilitate the creation of numerous direct and indirect jobs, currently estimated to be within the region of 170,000,” he said.

Ogunyemi said an adjustment in title and introduction of current global business practices would significantly advance the scheme, increasing forward and backward linkages.

“This is with a more significant market offered by the Africa Continental Free Trade Agreement (AfCTA).

“We have commenced negotiations across the board to ensure that the NEPZA Act is amended to give room for adjusting the scheme’s title from `Free Trade Zones to Special Economic Zones respectively.

“This will open up the system for the benefit of all citizens,” he said.

Continue Reading

Economy

2023 CLPA: Policy Cohesion Imperative For Implementation Of AfCFTA Agreements, Others

Published

on

Some policy experts and stakeholders have called for policy cohesion across Africa for the successful implementation of multilateral policy decisions.

They spoke on Wednesday during one of the plenaries at the 2023 Conference on Land Policy in Africa (CLPA), held in Addis Ababa.

The CLPA, the fifth in the series, is organised by the tripartite consortium consisting of the African Union Commission (AUC), the African Development Bank (AfDB), and the United Nations Economic Commission for Africa (ECA).

The 2023 edition has the theme, ‘Year of AfCFTA: Acceleration of the African Continental Free Trade Area Implementation’.

Dr Medhat El-Helepi (ECA), chaired the plenary with the sub-theme: ‘Land Governance, Regional Integration, and Intra-Africa Trade: Opportunities and Challenges’.

Panelists at the plenary included Dr Stephen Karingi, Director, Regional Integration and Trade, ECA; Mr Tsotetsi Makong, Head of Capacity Building and Technical Assistance, AfCFTA Secretariat.

Others were Mr Kebur Ghenna, CEO, of the Pan African Chamber of Commerce and Industry (PACCI) and Ms Eileen Wakesho, Director of Community Land Protection at Namati, Kenya.

The event also attracted various stakeholders, including traditional leaders, Civil Society Organisations, and policy decision-makers.

Makong expressed worries over the reluctance of some participants to openly discuss some matters, pleading ‘no go areas of domestic affairs’.

He, however, noted that the issues of land were within the limit of domestic regulations, adding that tenure land security was the solution that would allow intra-African investment that is still low in Africa.

Makong pointed out that the success of the investment protocol under the AfCFTA would depend on countries’ domestic laws that should be in line with the AfCFTA.

“There are guidelines on land reforms that need to be turned into regulations within the domestic systems.

“Policy coherence has to be at the heart of what we do. This can be achieved by engaging everyone including women and youth at the grassroots level.

“Also, you cannot be talking of AfCFTA as of it is just about Ministers of Trade, Economy or Investment. The idea is a totality of the entire governance structure. This is very important,” he said.

Speakers also noted that inclusive land governance was one of the key pillars to enhance Africa’s drive to improve intra-African trade, food security, and sustainable food systems.

They said an inclusive governance system would allow stakeholders to create transparency, subsidiarity, inclusiveness, prior informed participation, and social acceptance by affected communities in land-based initiatives beyond their borders.

Continue Reading

Editor’s Pick

Politics