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Economy

NSCDC destroys 71 illegal refineries, arrests 501 suspected vandals in 8 months

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NSCDC impounds 150 drums of petrol, apprehends 2 suspects in A’Ibom

… CAC collaborates with NEPC to boost non-oil exports***

The Nigeria Security and Civil Defence  Corps (NSCDC) says it has destroyed 71 illegal refineries and arrested about 501 suspected pipeline vandals and oil thieves.

NSCDC Commandant General (CG), Ahmed Audi, disclosed this in his remarks on Thursday in Abuja at the inauguration of 93 operational vehicles for the Corps by the Minister of Interior, Ogbeni Rauf Aregbesola.

Also read: Pipeline vandalism: NSCDC arrests 426 suspects, impounds 90 trucks, 38 boats

Audi explained that the figure represented the achievements of the corps between January and August.

He noted that the specialized operational vehicles would be used to combat potential threats to national security, resulting from felonious acts.

He identified such acts as crude oil theft, illegal bunkering, smuggling, pipeline vandalism and other crimes within the coastal and offshore areas.

He explained that the inaugurated vehicles would be deployed to commands and the headquarters, alongside designated special duties.

He warned that any personnel found to connive or compromise national security would face the law court of ethics and the corps’ Standard Operational Procedure for appropriate sanctions.

Audi expressed appreciation to other sister security agencies and stakeholders for their continuous collaboration and cooperation.

Meanwhile, Aregbesola charged the corps to remain intolerant of anything that posed threat to the safety and peace of Nigerians.

He said that the acquisition of the operational vehicles was a proactive step toward addressing internal insecurity in the country.

“Utilise and maintain the vehicles to serve their purpose and ensure to train personnel to operate the vehicles,” he said.

According to him, there are challenges of vandalism of critical assets, oil theft, banditry, insurgency, amongst others that must be eliminated.

“The incessant attacks on our Critical National Assets and Infrastructure in particular have become a grievous wound dangerously bleeding the nation’s economy and this must be effectively addressed, checkmated and curbed.

“We shall not relent but must remain focused to eradicate the existence of criminals which is the essence of equipping the corps.”

Aregbesola assured the corps of the Federal Government’s continuous support in repositioning it to maintain the pride of place in ensuring national security.

He called on NSCDC to remain steadfast, urging them to improve in their synergy with the Army, Police and other security agencies.

“NSCDC plays a complementary role so there shouldn’t be rivalry,” he advised.

He further called on officers and men of the corps to imbibe the attitude of civility, compassion and adopt communication methods to engage citizens.

He, however, warned that being civil to citizens shouldn’t deter the corps from being firm but avoid brutality.

In the meantime, the Corporate Affairs Commission (CAC) has pledged continued support to the Nigerian Export Promotion Council (NEPC) as it strives to improve online services to grow the non-oil export sector.

The Registrar-General of the commission, Alhaji Garba Abubakar made the pledge when he received Dr Ezra Yakusak, the Executive Director of the NEPC, who paid a courtesy visit in his office.

Abubakar said that the commission had ensured a series of collaborations with other sister government agencies in a bid to promote growth in various sectors of the economy.

According to him, in order to ensure seamless interface, the commission granted Application Programme Interface (API) to several embassies and agencies, including the Federal Inland Revenue Service (FIRS), Bureau of Public Procurement (BPP), among others.

R-G of CAC, Abubakar with Yakusak ED of NEPC Collaboration

The CAC boss said that the commission was further building synergy with some regulatory agencies, particularly on inactive status of some companies to encourage compliance.

He said that such synergy would soon include verification with National Identity Management Commission (NIMC).

The registrar-general however cautioned against submission of manifestly false information to the commission as such action was liable to two years imprisonment under the provisions of CAMA 2020.

Abubakar said that in line with the ease of doing business initiatives of the administration, companies now have the choice to make all their post-incorporation filings directly to the commission without going through agents after the due creation of Entity Electronic Account (EEA).

Earlier, Dr Ezra Yakusak said that the visit was to among others seek collaboration particularly on improving their online interface for seamless operations.

Yakusak told the registrar-general that although the NEPC had digitized its operations to address procedural hurdles in non-oil export business, collaboration with the CAC was critical to export facilitation.

He said that from 2017 to date the council had registered 23,000 exporters, adding that CAC’s support would enable them transform some of its current manual processes to digital.

The NEPC boss used the forum to laud the commission’s reform initiatives aimed at promoting ease of doing business.

 

 

Economy

Unstable Economy: UK Firm Presents Solutions To Nigerian Business Leaders

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SOAN Inaugurates New Leadership, Boosting Hopes Of Crushable Inflation

Nigerian business leaders are to benefit from the programme of United Kingdom-based leadership development organisation TEXEM UK on how to win despite the exodus of staff, very high inflation and turbulent operating landscape.

TEXEM’s Director of Special Projects, Caroline Lucas, said on the organisation’s website, www.texem.co.uk, that the programme with the theme “Strategies for Sustainable Organisational Success” is slated for April 24 and April 25 in Lagos.

According to Lucas, in today’s volatile and disruptive business landscape, organisations face numerous strategic challenges.

“TEXEM’s programme, “Strategies for Sustainable Organisational Success,” offers tailored solutions to address these pressing issues.

“Senior leaders grappling with skyrocketing costs, high currency risks, and disruptive technologies require practical insights and tools to navigate uncertainty effectively.

“This programme provides actionable strategies for sustainable success amidst turbulent times,” she said.

Lucas asserts that exceptional crisis management skills are essential in the face of staff exodus and geopolitical disruptions.

“TEXEM equips participants with the necessary leadership capabilities to lead through crises, ensuring organisational excellence even amidst adversity.

“Innovation becomes imperative in turbulent waters.

“TEXEM’s programme fosters a culture of innovation and provides guidance on harnessing adversity as a catalyst for profitable growth,” she said.

According to her, participants will learn to turn challenges into opportunities, driving sustained profitability.

Lucas said resilience and effective risk management are crucial in today’s volatile landscape.

She said through interactive sessions and case studies, TEXEM helps senior leaders develop unshakable qualities, enabling them to navigate uncertainty and confidently mitigate risks.

“Optimizing resource utilisation is paramount amidst soaring costs.

“TEXEM offers insights on managing resources efficiently, ensuring optimal impact even amidst cost pressures. Decisive problem-solving is paramount.

“TEXEM enhances participants’ decision-making capabilities through peer learning and observation practice, empowering them to make better decisions that drive organisational success,” Lucas said.

She said that beyond the curriculum, networking opportunities with industry peers enrich the learning experience, abound.

“Professional exchange provides valuable insights into different approaches to overcoming challenges, enhancing overall learning and impact.

“TEXEM’s programme aims to develop leadership strategies for optimum performance in an era of uncertainty.

“By helping participants understand how to manage and deploy resources more efficiently, it equips them with the skills needed to thrive in turbulent times,” Lucas said.

Saying that adversity is the mother of innovation, she added that TEXEM empowers individuals and organisations to thrive in volatile times, fostering innovation and sustained profitability.

“At the end of the programme, participants can expect to develop leadership skills for better decision-making and possess survival skills to navigate crises effectively.

“Through its comprehensive approach and proven methodology, TEXEM ensures participants unlock their potential, foster innovation, and drive sustained profitability in today’s challenging environment,” Lucas said.

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Economy

Sanwo-Olu Urges Use of Innovative Technologies in Solving Challenges

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Sanwo-Olu Urges Use of Innovative Technologies in Solving Challenges

Gov. Babajide Sanwo-Olu of Lagos State has called for the use of innovative technologies in resolving the economic and social challenges of the country.

Sanwo-Olu said this on Wednesday during the pioneer graduation of the Lateef Jakande Leadership Academy (LJLA) at Konga Place in Lekki.

He said that the new platform of globalisation and Internet of things must be significantly employed to resolve new challenges encountered in the course of improving the living standards of citizens.

30 students, 15 men and 15 women, between 18 and 35 years, graduated from the academy after a one-year course and mentorship in leadership.

The Lagos Leadership Summit (LLS) is a pivotal platform dedicated to empowering Nigeria’s young professionals with the skills and insights essential for success in various leadership roles.

With a focus on leadership excellence, ethical governance, and youth inclusion in governance, the summit offers a unique opportunity for participants to engage with renowned leaders and industry experts.

” You have to be able to innovate for us, you are here as leaders of not tomorrow but today. Proffer solutions that the government can use as a tool, to solve the challenges that we are facing today but more importantly to solve global issues.

“And that is why we started the Lateef Jakande Leadership Academy. For us as a government, we felt how well can we honour a man than for us in public sector to set up a cream of new leaders.

“So we set up this school that has the first set, the one-year fellowship, who indeed have not only shown us that we took the right step, they have been outstanding individuals,” the governor said.

The guest speaker and former governor of Lagos State, Babatunde Fashola, noted that it was important for followers to trust their leaders for a successful outcome.

“The people need to trust the government, they must know the capability of their leaders so that when issues beyond human expectations happen, the followers can show empathy to the plight of their leaders.

” I have always been an advocate that believes that the process is as important as the result, the end shouldn’t justify the means, the process is crucial, it serves as a blueprint for others coming behind,” he said.

Similarly, Dr Obafemi Hamzat, Deputy Governor, who spoke on “Leadership And Community Engagement”, stated that to achieve effective leadership in Nigeria, there was the need to navigate complex political, economic and social landscapes.

Hamzat urged the citizens to be involved in governance while stressing the need for collaborations with private stakeholders and the public sector.

According to him, community engagement with government at all levels is pivotal to the nation’s development.

In her address, Mrs Ayisat Agbaje-Okunade, LIJA’s Executive Secretary, noted that the challenges faced required leaders who are not only capable but compassionate, visionary, and adaptable.

According to her, leadership must transcend rhetoric and manifest tangible outcomes.

“We need leaders who inspire confidence, foster unity, and drive transformation.”

Agbaje-Okunade urged the participants to embrace the responsibility that comes with leadership and pave the way for a generation of new leaders.

The keynote speaker, Mr Abubakar Suleiman, Chief Executive Officer, Sterling Bank, said that leadership is about leading people on a new purposeful journey.

Suleiman said being a strategic thinker and a transformational leader was what makes leadership different from management, adding that the future is being crafted in leadership.

“In essence, as a leader, you must be able to lead people to the future hence, you must be convincing for people to be bold to follow you, able to trust and believe in you.

“For one to be a leader, the people must be able to believe and trust you to take them to the future where you have never been to,” he said.

Also speaking, Mr Tunbosun Alake, Commissioner, Innovation, Science and Technology, stressed that leadership had nothing to do with being young or old but having good values and character.

The commissioner advised the participants to pursue excellence in their various career paths to succeed in life.

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Economy

Eid-el-Fitr: Tinubu Urges Sacrifice, Integrity For National Rebirth

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Eid-el-Fitr: Tinubu urges sacrifice, integrity for national rebirth

 President Bola Tinubu has urged Nigerians to continue to make sacrifices and exhibit integrity for national development.

Tinubu said this after observing the Eid-el-Fitr prayer at the Eid Ground at Dodon Barracks on Wednesday in Lagos.

The President also called on Nigerians to continue to have faith in his government and remain patriotic citizens.

Tinubu said that the Renewed Hope Agenda of his administration, aimed at bringing prosperity to Nigerians, was being diligently implemented.

Encouraging Muslims to extend the values of sacrifice and resilience beyond the fasting period, Tinubu emphasised the need for Nigerians to prioritise the exhibition of love for their country.

‘’The resilience and sacrifice that we have shown and made during these months should be preserved.

“Be a kind and cheerful giver. We must love our country more than any other country because this is the only one we have.

‘’We must continue to protect the integrity of our government and leadership. The Renewed Hope Agenda is alive, well and fine, and Nigerians should continue to be very hopeful. Without hope, there is no salvation.

“Without hope, there is no development. Without hope, there is no life. Eid Mubarak,’’ the President said at the end of the prayers led by the Chief Imam of Lagos State, Sheikh Sulaiman Abou-Nolla.

Earlier in his sermon, the Chief Imam urged Nigerians to shun all acts of violence, ensure peaceful co-existence, and continue to have faith in the country.

He asked those in leadership positions to remain faithful to their oaths of office and work towards alleviating the suffering of the less privileged.

‘‘Let us not forget our brothers and sisters in Gaza and other areas of conflict,’’ the Chief Imam said.

He offered prayers of God’s guidance, wisdom, and protection for the President and the Lagos State government, as well as for peace and stability in the country.

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