BPP Set To Promote Professionalism, Academic Development To Improve Procurement Process

By Abubakar Yusuf 

The Director General, Bureau of Public Procurement BPP, Dr Adebowale Adedokun said professionalism and digitization along with academic development that will transform procurement process in Nigeria will be prioritised.

Dr Adebowale bare his mind during the stakeholders retreat that attracted 36 states of the federation, FCT and the private sector held at National University Commission NUC premises Abuja on Thursday.

He maintained that the need to revolutionse the procurement process in Nigeria through deployment of both professional and academic prowess remained a corrolary to sane procurement process and development.

While regretting the continuous adoption of rudimentary practices of procurement process, he asserted that the mandate of the new management of BPP under the Renewed Hope Agenda of President Bola Ahmed Tinubu was to overhaul and inject a new process into the process.

He commended the six academic institutions charged with the training of new crops of procurement officers professionally and academically , will attract more proficiency.

The one day program powered by the World Bank, BPP and Sustainable Procurement Environment and Social Development SPESSE was geared towards promoting quality presentation of procurement officers and process that will stand the taste of time .

He promised that the first set of graduates in SPESSE will debut in January, 2025 which will form the crux and foundation of the needed revolution in BPP.

He said the ongoing reforms in BPP will transform the provision of infrastructure, energy and among many other procurement act and process in government Ministries, Departments and Agencies as well as the private sector

Highlights of the occasion included the presentation of papers by the DG BPP, Dr Adebowale Adedokun and other stakeholders at the program.

SPESSE, World Bank , BPP Holds One Day Stakeholders Retreat In Abuja

By Abubakar Yusuf 

The World Bank, Bureau of Public Procurement BPP and Sustainable Procurement, Environment and Social Standard Enhancement Project SPESSE have stressed the need to close the gap of procurement and good output to ensure good governance, reduce corrupt tendencies.

The Director General, Bureau of Public Procurement BPP, Dr Adebowale Adedokun made this disclosure during a one day stakeholders retreat held at National University Commission NUC in Abuja.

The one day program stakeholders retreat on the "National procurement certification framework" dwelled on the improvement and collaboration between the stakeholders with a view to deploying the best procurement practices.

While appealing to the public sector to key into the new format , he enjoined the private sector to also leverage on the new program to improve their procurement process.

He said the current administration under the Renewed Hope Agenda of President Bola Ahmed Tinubu is eager to put to practice the new format by the second quarter of 2025, stating that no Ministries, Departments and Agencies will be left behind.

According to the Director General, the introduction of dynamics and more robust system in the procurement process cannot be overlooked, stating that continuous training and retraining is a corrolary to sane procurement process.

He promised that the ongoing digitization process in the Bureau of Public Procurement BPP is non- negotiable that will not only transform procurement process, but give it a facelift.

How Ekele Pioneered Mental Health Care in UATH

By Abubakar Yusuf 

Since his assumption of office after his reappointment, the establishment of Mental Health Department and befitting structure was at the front burner, in view of myriads of human related problems characterised by either Mental Health related diseases and the need to address it through treatment and prevention.

For Professor Bisala Ekele aside prioritizing the establishment of the department of Mental Health at the University of Abuja Teaching Hospital, Gwagwalada, Abuja , UATH  he ensured the erection/ construction of a befitting structure that will house the entire department, the first of its kind not only in the North Central geopolitical zone, but also to address series of mental related ailments at the Federal Capital Territory FCT, the nation's capital.

In line with the President Bola Ahmed Tinubu's Renewed Hope Agenda and universal health coverage , the federal government ensured the early completion and commissioning of the gigantic edifice in July this year , 2024 that led to the utilization of the new edifice.

The new department charged with the examination and re-examination of all mental health related ailments has since commenced interfacing with patients from various walks of life in earnest.

In view of the prevailing and wider area of mental health that is all encompassing from the diseases , ranging from depression, addiction, indulgence among many other approaches on human lives , the new department had become in tandem with the present realities.

While commissioning the edifice in July this year, the Coordinating Minister of Health and Social welfare ,Dr Mohammed Ali Pate said the establishment of the new mental health department in the tertiary health institution will further promote a healthy environment and consolidate the removal of tariff by the federal government recently on medical equipment, so as to reduce the cost of treatments for all ailments.

Pate who commended the Chief Medical Director of the Hospital, Professor Bisala Ahmed  Ekele said the establishment has justified the huge investment government of President Bola Ahmed Tinubu is making towards ensuring a healthy society free of all ailments.

He said the federal government through the Federal Ministry of Health will support the new mental health department with up to date and modern equipment that will reduce to the barest minimum all cases of mental disorders prevalent in Nigeria.

He congratulated the management of the University of Abuja Teaching Hospital for leading from the front by the establishment of a full fledged mental health department in the hospital and the best in the Northern State.

Pate disclosed that with the establishment, no doubt the high presence of people in the FCT, the North Central geopolitical zone and other zones will get adequate attention from the new department.

While soliciting for more supports towards the expansion of the hospital beyond the present scope, Ekele appreciated both public and private sector supports to the development of the hospital in the last few years.

Ekele reiterated the commitment of the management of the hospital in tackling all mental health related diseases among many others, saying the new department will reduce to the barest minimum all mental health related cases not only in the North Central, but as the largest tertiary health facility in the FCT, the new facility, will also serve the nation's capital .

He said the idea of the establishment of the new mental health building was as a result of glaring need , grwoing cases of mental health related problems and the desire of Nigerians to seek for medical solutions in the hospital.

He said the multi million naira edifice commenced few years ago was part of the capital projects facility provided by the federal government to the hospital in the previous years.

Also , during the visit of the House of Representatives committee on Health , the Chairman, House committee on Health,  Rt Honourable Amos Gwamna Magaji also in unison commended the establishment of the mental health department and facility in the hospital, stating that the problems arising from mental disease cannot be overlooked in view of the social , economic and political as well as personal consequences arising from the ailement and Nigerians .

He reassured that the National Assembly will do anything possible to expand the facility, so as to provide more solutions to the new area of mental related problems in the country.

While promising to attract more development and provision of health facilities to the hospital, the National Assembly will be looking towards the expansion of the hospital to serve more patients who are daily trooping into the hospital for medical attention of all spheres.

With the new mental health department in the University of Abuja Teaching Hospital, Gwagwalada, UATH, no doubt the issue of the prevalent and growing mental related ailments will be attended to now and in the nearest future. 

Written BY ABUBAKAR YUSUF on [email protected].

How FRC Is Promoting Local Contents To Grow Economy

By Abubakar Yusuf 

The regulatory, monitoring and supervisory roles of Financial Reporting Council FRC goes beyond making policy statements and thrusts, it also leverage on the best practices, as well as engaged the country in profitable and sustainable businesses that will drive the nation's economy locally and internationally.

This was coming at a time when nations like Nigeria that are oil producing countries are divesting to source for more funds from non- oil producing sector to improve both local and foreign exchange.

Also at a period when the country's economy is not certain owing to eight years leadership flaw on the part of the previous managers of our common resources and finances with the economy operating at a low ebb .

Envisaging the critical and crucial period when not managed properly with the deployment of "sustainability adoption roadmap" in line with the international practicing standards, will not only erode the gains already achieved over the years, but will affect its programs going forward in the next three years, which may lead to a quantum loss of over $20B equivalent to about 3 Trillion naira with the current unstable exchange rate , which will not augur well for the country.

The FRC Chief Executive who  maintained that the only way out is to adopt the best practices which will affect positively the processing and trade acceptance in the Europe to ensure continuous relevance.

Efforts to nip in the bud deforestation and farm land management to enhance both capacity and large production of cocoa that is the bane of our high earnings of exchange rates must be guarded and guided,  to avoid any form of leakages going forward.

Since the issue of sustainability is very important, it ought to be vigorously pursued to ensure maximum results through adequate adoption.

According to both local and foreign statistics by the International financial reporting standards IFRS and Nigeria's National  Board of Statistics , NBS, the success recorded over the years since 2022 could not be eroded on the altar of policy somersault and inconsistency.

Therefore, maintaining the success already recorded , the template of sustainability adoption roadmap, and adoption of the international best practices that will avoid deforestation and farm land management, embrace the practices and process of the European country, were our products are needed always. 

While making efforts to ensure both administrative, legislative and modest framework are put in place , towards not only regulating and monitoring the transactions locally and internationally, but with a view to attracting more earnings to the country from the non- oil sector.

While adopting the needed policy framework and practices, the Executive Secretary bare his mind during an occasion.

He expressed thus ....

"The Executive Secretary and Chief Financial Officer of the Financial Reporting Council of Nigeria, Rabiu Olowo, has said Nigeria is at risk of losing over $20bn in cocoa exports within the next three years."

"He said the loss is likely to occur if the nation does not align with the sustainability adoption road map which will affect the processing and the trade acceptance of the product in Europe."

"Olowo said this when the council received a delegation from the House of Representatives Committee on Commerce led by lawmakers representing Lere Federal Constituency in Kaduna State, Ahmed Munir, on Monday in Abuja."

"He said adequate attention must be paid to deforestation and farmland management, as the issue of sustainability is very important."

"Munir said, “It will interest you to note that the issue of sustainability is absolutely important, that’s why we’re driving it very, very rigorously."

“Nigeria is on the brink of losing over $20 billion in cocoa exports within the next three years if we do not align ourselves with the processing and the reporting expectations of Europe.

“It’s our cocoa they use in making chocolates and all of that. But if you don’t pay attention to deforestation, the way you arrange your farmland, the way you process your, I mean, and all of these things, your products or how good will not be competitive, and that is the real issue.”

"According to CEPII research and expertise of the world economy, In 2022, Nigeria exported $489M in Cocoa Beans. The main destinations of Nigeria’s exports of Cocoa Beans were the Netherlands ($189M), Indonesia ($105M), Malaysia ($87.9M), Canada ($29.4M), and the United States ($16.9M). In 2022, Nigeria imported $47 in Cocoa Beans, mainly from Turkey ($47). These include Cocoa Beans (Raw/Roasted, Whole/Broken)."

"Similarly, data from the National Bureau of Statistics showed that in the first quarter of 2024, export of agricultural products was dominated by ‘Sesamum seeds’ valued at N247.75 billion, ‘Superior quality Cocoa beans,’ with N230.85 billion and ‘Standard quality Cocoa beans’ with N140.09 billion."

"Further analysis showed that ‘Sesamum seeds’ worth N83.29 billion and N58.04 billion were exported to China and Japan, respectively while “Superior quality Cocoa beans, worth N112.00 billion and N48.28 billion were exported to The Netherlands and Malaysia respectively. Whereas; ‘Standard quality Cocoa beans’ worth N58.29 billion and N37.77 billion were exported to The Netherlands and Malaysia, respectively."

"Olowo also disclosed that the FRC has also concluded talks with the Minister of Agriculture and the Minister of Environment, where they made very loud pronouncements and got good buying from corporate Nigeria to boost exports and increase foreign exchange earnings."

"Enumeration achievements, Olowo said the council has achieved the full adoption of the international financial reporting standards,IFRS,  amendment of the FRC act, establishment of two new directorates and implementation of the 2020 Audit regulations among others."

“The committee is ready to ensure an ecosystem where the ease of doing business is critical and simplified and foreign direct investment is encouraged. The committee achieves this objective through oversight functions."

 "The committee has designed a four-year strategy plan to foster a legislative framework that would be a robust climate resilience commerce that would grow the economy.” 

With the new approach and synergy with the relevant stakeholders including the federal lawmakers, no doubt that going forward, rather than operating on a loss , the country will improve on the previous success story spanned from 2022.

Ekele, CMD UATH Commends Servicom, Management , Board for Initiating Staff , Corporate Awards

By Abubakar Yusuf 

The Chief Medical Director, University of Abuja Teaching Hospital Gwagwalada UATH, renamed as Yakubu Gowon Teaching Hospital Gwagwalada YGTH, Professor Bisala Ahmed  Ekele has commended Servicom, Management and Board of the hospital for setting up annual staff assessment through awards to workers and corporate organizations.

He made this remark on Wednesday during the presentation of awards to staff, corporate bodies and department held in the hospital premises 

The University of Abuja Teaching Hospital, Gwagwalada, UATH renamed as Yakubu Gowon Teaching Hospital YGTH has held the annual end of the year staff and corporate awards for the workers of the tertiary health institution.

The program initiated by the Board and Management of the Hospital in 2018 ,   in the last seven years .

While delivering his speech, Bisala said the idea of the Initiative was to promote the culture of efficiency, effectiveness, tradition and dedication to duty by the entire staffers of the hospital.

While appreciating the tremendous supports by the stakeholders of the hospital for over seven years , he solicited for more cooperation in that regard.

He said he was impressed by the performance of award winning staffers, the departments , corporate organizations that had transformed the tertiary health institution'.

He thanked the Servicom for their supports and cooperation in the selection of the staff , bodies, and organisations for their transparent program.

He rolled out the individual winners as Dr Olori , Professor Dike Orji , Dr Vivian Kwageh, Anumah, Dr Nimpha , Engr Bala Mahmud, from 2018 till date, including Departments and Corporate organizations.

Highlights of the occasion included the presentation of awards to staffers from various departments and corporate organizations along with departments of the hospital.

Ekele Bags Leadership Award

By Abubakar Yusuf 

The Association of Residents Doctors (ARD) , University of Abuja Teaching Hospital Gwagwalada UATH has described Professor Bisala Ahmed Ekele, Chief Medical Director of the hospital as an asset, having transformed the tertiary health institution in the last seven years.

The body made this assertion on Tuesday, December , 17th, 2024, while confering on Professor Bisala Ahmed Ekele 'merit award' in recognition of his support to the association over the years.

They lauded the efforts at repositioning the hospital in the area of infrastructure, medical personnel and experts, medical equipments, drugs and other medicaments that had assisted in no small measure to the hospital.

While acknowledging the investiture as a result of hard work , diligence, dedication to duty , they also expressed gratitude to the CMD for attracting both public and private entities into supporting the growth of the hospital in all areas.

Responding, The Chief Medical Director, Professor Bisala Ahmed Ekele said he was overwhelmed by the honor done him by the association and dedicated the award to the staffers of the hospital.

He thanked the association for the singular recognition, stating that hard work, diligence and dedication to duty will not go unrewarded both in the public and private sector.

While promising to sustain the tempo of development of the tertiary health institution both in and out of the hospital, he advised the association to sustain their cooperation to the management of the hospital.

Stage Set For Second Edition Of SDGs Film Challenge

...Winners To Emerge In Grand Finale Of The SDGs Short Film Challenge

Winners for the second edition of the SDGs Film Challenge will emerge on Saturday, December, 21, 2024 at an extraordinary gathering to celebrate creativity, innovation, and youth leadership in advancing the 2030 Agenda for Sustainable Development to be held at Silverbird Cinema, Central Area, Abuja.   

The event will be  the culmination of a year-long effort by the Office of the Senior Special Assistant to the President on SDGs (OSSAP-SDGs), the United Nations Information Centre (UNIC) and FreshNEWS Multimedia engagement of young filmmakers  global drive to create awareness for sustainable development.

The SDGs Short Film Challenge is an innovative platform designed to empower young filmmakers to spotlight developmental issues through the lens of sustainability. Participants are tasked with creating short films of no more than 15 minutes, showcasing the challenges and opportunities related to achieving the SDGs.

From tackling gender inequality to addressing climate change, these films are more than artistic expressions; they are calls to action. Through powerful storytelling, the Challenge invites filmmakers to engage audiences, provoke critical conversations, and inspire tangible action.

The inaugural edition of the Challenge, held in August 2023, garnered 73 entries from across Nigeria and culminated in a grand showcase on International Youth Day.

The success of that first edition laid a strong foundation for the 2024 edition, which has achieved unprecedented growth, attracting 2,250 submissions from 119 countries.

“This remarkable increase underscores the global relevance and appeal of this Nigerian-led initiative. A panel of esteemed jurors, drawn from the worlds of film, sustainable development, and global advocacy was empanelled to evaluate the entries to determine the top three finalists,”  the organisers said in a statement on Thursday.

According to the statement, the Grand Finale will be a vibrant celebration of youth creativity and the power of storytelling. “The event promises an immersive experience, featuring Advocacy for the goals, networking, trailers, posters, and live screenings of selected films. The atmosphere will be electrified by the presence of distinguished guests, including government officials,  stakeholders, filmmakers, and youth advocates.

“The winner will not only gain national and international recognition but will also receive life-changing opportunities.

The evening will also highlight the broader significance of youth-driven initiatives in advancing the SDGs. The event will feature keynote speeches and interactive sessions designed to inspire young people to take ownership of sustainable development in their communities.

 

Edo Agog as Ogbona Community Receives Multi Million Modern Security Structure, Equipment Provided By Peter Dunia , Ogbona Youth Forum

Etsako Land, courtesy of Ogbona community and Peter Dunia is wearing a new look over the construction of the start of the art Divisional Police Headquarters due for commissioning by the inspector General of Police, Kayode Egbetokun .

The event scheduled to hold on Saturday will attract dignataries from all walks of life 

The unique event will bring to an end the activities of criminals and criminalities approached with sophisticated equipment in the area .

"All is now set for the inauguration of the new Divisional Police Headquarters and ICT-Data Centre, by the Inspector General of Police, Mr. Kayode Egbetokun, in Ogbona community, in Etsako Central Local Government Area of Edo State, tomorrow, Saturday, December 21.,"

"The ulta-modern DPHQ and ICT-Data Centre were built by Ogbona Youth Forum (OYF) in collaboration with a frontline indigene of the community and an accomplished oil and gas magnate, Mr. Peter Omoh Dunia, alias Peter Black."

The ultra-modern DPHQ and fully equipped ICT-Data Centre were ready for inauguration by Egbetokun,  as at the time newsmen visited the areas on Friday.

Also expected at the ceremony are the Edo State Governor, Senator Monday Okpebholo, top functionaries of the Federal and Edo State Government as well as top brass of the various security agencies and leaders and traditional rulers of the various communities in Etsako land.

Findings revealed that the task of building a divisional police headquarters in Ogbona, was initiated by OYF before  Peter Dunia joined forces with his kinsmen to accomplish the target. 

With the involvement of Peter Dunia, the scope of the community interventionist project was expanded to include an ultra-modern ICT-Data Centre.

The DPHQ was kitted with modern furniture and round the clock power supply.  An effective close circuit camera has also been installed to monitor movement around the police station.

The ICT-Data Centre, is being  manned by experts who would train the police personnel in the areas in the management of the facility.

It was learnt that the ICT-DATA Centre was designed to process and manage information on crime,  especially in  eliminating crimes and tracking down criminals in Ogbona Police division and its environs.

The facility is also expected to serve as data bank to the police and  other security agencies operating in Ogbona and its environs.

Journalists who were conducted round the facilities by Peter Dunia, in commpay of leaders of OYF, on Friday ahead of Saturday's opening ceremony,  were satisfied about the state-of the-art edifice.

The edifice was a cyncosure of all eyes as indigenes of Ogbona and neighbouring communities,  besieged the scene.

The indigenes expressed happiness over the gesture, which they said would go a long way to bring crime to zero level in the area.

They hailed the leadership of OYF and Peter Dunia for the gesture.

Finishing touches were being put on the DPHQ and the ICT-Data Centre in readiness for tomorrow's opening ceremony by the IGP.

The policemen attached to Ogbona DPHQ wore colourful uniforms.

They were in top spirit as they anxiously awaited their superiors led by Egbetokun from the Police Headquarters in Abuja and Edo State Police Command.

HE Rev. Fr. Dr Hyacinth Iormem Alia's Giant Leap In The War Against Insecurity In Benue State

It is common knowledge that security is the priority of any serious government. It is a secured people that guarantees a developed nation. Nothing works with insecurity. Security is therefore a non-negotiable part of a government with focus and good intent for the people. 

Benue has suffered heavily in the last 12 years and literally collapsed under the weight of insecurity. What began like the outburst of some disgruntled elements became the destruction path of a sinking state. Countless lives were lost, Farm lands were abandoned, children dropped out of schools that ultimately became camping grounds for IDPs, the economy took a downturn and the state became chaotic. 

However, since the assumption of office, His Excellency, Rev. Fr. Dr. Hyacinth Iormem Alia began a search for a lasting solution to the issues affecting security in the state. Stakeholder consultations and meetings with communities and interactions with security chiefs became a daily routine in the activities of the governor. He began to identify and implement solutions to curb insecurity in the state. Governor Alia's launch of a security outfit and distribution of vehicles to security operatives last week is one of such solutions to Benue's security challenges. The launch marks a significant milestone in the fight against insecurity in Benue State. This bold move demonstrates the governor's commitment to prioritizing the safety and well-being of Benue people, acknowledging the pressing need for enhanced security measures.

The security outfit, comprising 5,000 gallant officers christened Benue State Civil Protection Guards will complement the efforts of existing security agencies, in tackling security challenges more effectively. This localized approach allows for better understanding and addressing of community-specific issues, fostering trust and cooperation between security personnel and residents.

The distribution of 100 operational vehicles and 600 special combatant motorcycles to security agencies is a crucial aspect of this initiative. Mobility is essential for effective law enforcement, enabling rapid response times and efficient patrols. This investment in logistics will enhance operational efficiency, allowing security personnel to cover more ground and respond swiftly to emergencies. 

The Launch of the operation "Anyam Nyor" meaning the arrival of tiger, will foster collaboration amongst security operatives and send a clear signal to criminals that the Alia administration means business and is ready to handle insecurity headlong. It must be noted that beyond security, the creation of the security outfit will also have economic benefits, providing direct employment opportunities for 5,000 youths and the many indirect benefits. This injection of jobs will stimulate local economies, contributing to the state's overall economic growth and development.

It is instructive to note that Governor Alia's initiative promotes community engagement and trust, which are very essential components of successful security strategies. By involving local youths in security efforts, the governor fosters a sense of ownership and responsibility, encouraging residents to collaborate with security agencies.

There is no denying the fact that there may be challenges but while challenges may arise, Governor Alia's security initiative presents opportunities for  capacity Building,  Enhancing the skills and expertise of security personnel, intelligence Gathering, Improving information sharing and coordination between security agencies. 

It also brings about Community Policing,  Strengthening relationships between security personnel and residents, Crime Prevention, Proactive measures to prevent crimes and maintain law and order.

Therefore, Governor Hyacinth Iormem Alia's inauguration of the security outfit, Benue state civil protection guards, Launch of a joint security task force "Anyam Nyor" and distribution of vehicles and combatant motorcycles to security operatives,  demonstrates his commitment to addressing insecurity in Benue State without reservations. This comprehensive approach has the potential to enhance security, stimulate economic growth, and foster community engagement. As the state moves forward, it is essential to monitor progress, address challenges, and build on successes to ensure a safer, more prosperous Benue State which is the collective responsibility of one and all.

Hon Chief Solomon Iorpev, 

Technical Adviser to the Benue state Governor on Media, Publicity and Strategic Communication.

Property Developer, Olusanya Dragged To Court Over Alleged N152m Fraud

By Dansu Peter 

A property developer and Chief Executive Officer of Oak Homes Limited, a property firm based in Lagos, Mr Olukayode Olusanya, has been dragged before a Federal High Court sitting in Lagos, over allegation of N152m fraud. 

In the charge dated August 30, 2024, filed against Olusanya by the police, he was said to have collected the sum of N152m from a United States based Engineer, Mr Anthony Ugbebor. 

Olusanya and his company were arraigned before the court for allegedly collecting the sum from Ugbebor under false pretence. 

He pleaded not guilty to the charge and was granted bail. 

Shortly after his arrangement, the trial judge, Justice Musa Kakaki, fixed trial in the matter for February 10, 2025.

In the criminal suit with charges number FHC/L/261C/2024, the police said the accused and one Lynda Umeh, connived together and offered the sale of two units of three-bedroom flats on the second floor at Oak Residence located at 14A Musa Yar’Adua Street, Victoria Island, to Anthony Ehiedu Ugbebor, a US-based engineer, under the false pretence that it was for sale.

The charge was filed before the court by the officer in charge and prosecuting counsel, Superintendent of Police Omo-Osagie M.A. from Zone 2 Police Command Headquarters, Onikan Lagos. 

He was said to have acquired a tan coloured Rolls Royce about 4 years ago. The Rolls Royce can be seen parked facing out in the compound of the gray two story building with gate made of see - through horizontal bars. To see the tan coloured Rolls Royce you can go to Google maps and put his office address at No 4, Ribadu  Road, Ikoyi

The fresh charge as filed by the Police Prosecutor reads:

Count I

That you Olukayode Olusanya 'M', Oak Homes Ltd and one Lynda Umeh 'F' now at large being the Chief Executive Officer and Head of Sales and Marketing respectively, on the 8th day of November, 2017 at No. 11A, Jubril Aminu Street, Parkview Estate and No.4 Ribadu Road off Awolowo Road, both in Ikoyi, Lagos within the Judicial Division of this Honourable Court did conspire among yourselves to commit felony to wit: Obtaining money from One Anthony Ehiedu Ugbebor 'M' under false pretences and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud & other Related Offences Act No. 14 of 2006 and punishable under Section 1(3) of the Advance Fee Fraud and other Related Offences Act No. 14 of 2006.

COUNT II

That you Olukayode Olusanya 'M', Oak Homes Ltd and one Lynda Umeh 'F' now at large on the same date, time and place in the aforementioned Judicial Division did by False Pretence and with intent to defraud obtained the sum of One Hundred and Fifty- Two Million Naira (N152,000,000) from One Anthony Ehiedu Ugbebor 'M' a Resident of Valley Stream, New York 11580, United States of America under the pretext of selling and delivery of possession of a twổ(2)units of Three (3) Bedroom Flats at 'The OAK Residence' situated at No. 14A Musa Yar'Adua Street, Victoria Island, Lagos, a representation you knew to be False and thereby committed an offence contrary to Section (1) 1 (a) of the Advance Fee Fraud & other Related offences Act No. 14 of 2006 and punishable under Section 1 (3) of the Advance Fee Fraud & other Related offences Act No 14 of 2006.

COUNT III

That you Olukayode Olusanya 'M', Oak Homes Ltd and one Lynda Umeh 'F' Division with intent to defraud did offer for sale a two units of Three bedroom flat on the second floor at "The OAK Residence' situate at No. 14A Musa Yar'Adua Street, Victoria Island, Lagos through an offer Letter dated 6th November, 2017 with an inducement to deliver possession on 28th February, 2019 to one Mr. Anthony Ehiedu Ugbebor a resident of Valley Stream, New York 11580, in the United States of America having fraudulently obtained the Sum of One Hundred and Fifty-Two Million Naira (N152,000,000) from him, a promise you knew to be false and thereby committed an offence punishable under Section (4) of the Advance Fee Fraud & Other Related Offences Act No.14 of 2006.

COURT IV

That you Olukayode Olusanya 'M' and one Lynda Umeh 'F' now at large on the same date, time and place in the aforementioned Judicial Division did steal the sum of One Hundred and Fifty-Two Million Naira (N152,000,000), property of one Mr. Anthony Ehiedu Ugbebor under the pretext of selling a 2 unit of 3 Bedroom flats at the 2nd Floor of 'The OAK Residence' situate at No. 14A Musa Yar'Adua Street, Victoria Island, Lagos via an offer Letter dated 6th November, 2017 and converted the proceed to your personal use, an offence punishable under Section 290 (9) of the Criminal Code Act Cap C38 LFN, 2004.

48 Trillion Budget: Group Lauds Tinubu’s Economic Policies, Reforms Towards Better Nigeria

... Commends Investment in Infrastructure, Security

BY Dansu Peter 

The Renewed Hope Ambassadors Network (RHAN) has commended President Bola Ahmed Tinubu's 2025 budget proposal, describing it as a "bold and visionary document" that seeks to restore hope to Nigerians and guide the country towards sustainable growth and prosperity.

The group praised the president's commitment to addressing the country's economic challenges, particularly inflation, which has been a major concern for Nigerians.

According to Opialu Fabian, Secretary General of RHAN, the budget proposal aims to reduce inflation from 34.6% to 15% by the end of 2025.

Fabian also commended the significant allocation to defense and security, which stands at N4.91 trillion, noting that this demonstrates the government's commitment to protecting the lives and livelihoods of Nigerians.

Furthermore, the group applauded the investment in infrastructure development, with an estimated N4.06 trillion earmarked for the sector. This, they noted, will facilitate the movement of goods and services, reduce costs, enhance productivity, and create jobs.

Other areas of the budget that RHAN commended include the allocation to education (N3.52 trillion) and healthcare (N2.48 trillion), as well as the focus on social welfare programs aimed at alleviating poverty and reducing inequality.

The group urged all Nigerians to rally behind the president's vision for a better and brighter future, noting that it is everyone's collective responsibility to ensure the success of the ambitious agenda outlined in the budget.

Fabian added: "We are very convinced that the 2025 budget is a bold and visionary document that seeks to restore hope to the Nigerian people, and guide the country towards a path of sustainable growth and prosperity.

"The allocation of resources to critical sectors such as defense, infrastructure, health, education, and social welfare reflects a comprehensive approach to governance that is both pragmatic and forward-thinking. Through these efforts, the Asiwaju’s led-administration is not only addressing the immediate needs of the population, but also laying the groundwork for a better and more prosperous future for all Nigerians.

"We, the Renewed Hope Ambassadors Network stand in full support of the President’s commitments, and we call on all Nigerians to rally behind this noble vision for a better and brighter future.

"We need to understand that it is our collective responsibility to ensure the success of this ambitious agenda through active participation in the economic and social programs outlined in the budget. Let us work together to ensure that the "Budget of Restoration: Securing Peace, and Rebuilding Prosperity" becomes a reality that will benefit not only this generation but also generations to come.

"We extend our heartfelt congratulations to President Bola Ahmed Tinubu for great leadership insight in presenting this visionary budget to the National Assembly. We commend his courage, leadership prowess, and commitment to the Nigerian people that this budget represents."

The Makurdi Underpass: A Testament To Alia's Commitment To Quality

The High-Level Makurdi Underpass project, a landmark infrastructural development in Benue State, Nigeria, embodies Governor Hyacinth Alia's vision for a better future. While progress has been steady, some may question the project's timeline. It's crucial to recognize that quality infrastructure requires time, effort, and dedication.

Governor Alia's reputation for prioritizing quality and community enhancement is well established. His administration's dedication to delivering infrastructure that stands the test of time reflects this commitment. The High-Level Makurdi Underpass project is no exception.

Quality infrastructural projects like the High-Level Makurdi Underpass require attention to detail, thorough planning, and skilled craftsmanship. Ensuring structural integrity, safety, and seamless integration with existing infrastructure demands careful consideration.

The benefits of patience will be evident in the long term. Improved traffic flow, increased safety, economic growth, and environmental sustainability are just a few advantages of this project.

The High-Level Makurdi Underpass project will be a testament to Governor Alia's commitment to excellence. By prioritizing quality over haste, his administration ensures a lasting legacy that will benefit generations to come.

THE ALIA, THE BETTER.

Sen. Raji Rasaki lauds First Lady, Remi Tinubu On The Award Of Doctorate Degree

The former First Lady of Lagos State, Senator Fatimat Raji-Rasaki has congratulated Nigeria First Lady, Sen. Oluremi Tinubu over the conferment of honourary doctorate degree on her by the Federal University of Technology, FUTO, Owerri, Imo State.

The Saturday, 7th December, 2024 award ceremony marked the 36th convocation ceremony of the Institution, where prominent Nigerian leaders were recognized for their contributions to national development and humanitarian efforts.

An elated Sen. Raji Rasaki extolled the virtue of the First Lady, Remi Tinubu, saying her impacts transcend the soil of this country, adding, “her outstanding impact on the lives of the Nigerian people are commendable.”

She praised Senator Tinubu for her humanitarian services and unwavering dedication to advancing education, particularly the establishment of the Renewed Hope Initiative, (RHI) and other NGOs that focused on youth development, girl-child education, and women empowerment.

Sen. Raji Rasaki urged the First Lady not to relent but remain steadfast in her dedication and selfless services to the mankind, “Your Excellency, you are a champion of a great Nigeria and all that are best for Nigerians. We are proud of today’s honour, so I admonish you to continue such a lifestyle for the benefit of all.”

Reminiscing Transformative Strides Of Professor Stephen Tijani Edino At KSUTH, Anyigba

By Abubakar Yusuf 

Professor Stephen Tijani Edino, a renowned medical expert with bias in general surgeon was the pioneer and  immediate past Chief Medical Director, CMD , Kogi State University Teaching Hospital, KSUTH, Anyigba.

Before his appointment which ended in 2016, the medical expert had worked with the University of Abuja Teaching Hospital, Gwagwalada among many others tertiary health institutions in Nigeria and outside the shores of the country, and returned to the hospital after his stint at  KSUTH, Anyigba.

He laid a solid foundation for the transformation of the new tertiary health institution through the laying of foundation of a befitting edifice of 250 bed hospital, that was undergoing construction before his exit as the Chief Medical Director.

His acceptance and appointment as Chief Medical Director in 2021 contributed to the development of both primary, secondary and tertiary health care of the people of kogi state with the new status of a University Teaching Hospital.

The recognized and renowned medical surgeon with National / International exposure attracted both local and foreign medical expert to the new teaching hospital and also attracted medical aides of various forms and degrees to the new tertiary health institution.

He established and commenced the Faculty of Medicine of the Kogi State University and admitted the recent medical graduates of the University who were recently celebrated by the state government as a full fledged Medical Doctors .

Edino who had decades of medical sojourn brought succour to Kogi state and by extension the first university established by Kogi State Government, Prince Abubakar Audu University PAAU , by giving room to the establishment of other medical departments in the institution.

Conversant with the activities at the University of Abuja Teaching Hospital, Professor Edino returned to the nation's capital tertiary health institution to handle the entire emergency unit of the hospital for many years, before his redeployment to another department.

As a senior surgeon and consultant, aside handling the activities of the emergency unit of The University of Abuja Teaching Hospital Gwagwalada, UATH, he also consulted for other departments of the hospital for ease of providing medical attention to many patients,  trooping into the hospital on daily basis.

Professor Edino was later moved to Medical Out Patient Department (MOPD) as Chief consultant that oversee all medical related outpatient that had appointment with the hospital.

The renowned surgeon and medical consultant as a senior staff of the University of Abuja Teaching Hospital Gwagwalada UATH, has contributed a lot to the development of the tertiary health institution.

He had diligently on various capacities served the nation, his state of origin and currently still in the service of the University of Abuja Teaching Hospital, Gwagwalada UATH, as a very senior medical consultant and expert.

Written BY ABUBAKAR YUSUF on [email protected].

e tranzact Debuts Two Products, 'Unveiling Innovation'

...To Simplify Enterprise, Life Style Payments for Everyone

By Abubakar Yusuf 

To revolutionse payments and transaction in line with the global trends , e tranzact has launched a new platform known as  "Unveiling Innovation " geared towards simplifying enterprises, life style payments for everyone.

The event held on Tuesday at the headquarters along the Headquarters of Nigeria National Petroleum Corporation Limited NNPCL, Abuja was chaired by Kaduna State Governor , Senator Uba Sani.

The one day event powered by Pocket Moni, Credo and Pocket Moni  'spend,save and invest 'along with 'refreshed and revamped template' products is geared towards payment convenience in Nigeria.

In his welcome remarks , the  General, Manager e tranzact, Malam Abubakar Yahaya Achimugu stated that 25 years in service and implementation of programs through execution of multi party transactions across the country .

The integrated platform for payment has set a new evolution for financial transactions, stating that digitization is the core of payment platforms.

The Africa's most innovative payment platforms over two decades had demonstrated efficiency and effectiveness hence in partnership with the private and public sector, including state governments like Kaduna , Lagos state , Ministries , Departments and Agencies like Joint Admission and Marticulation Board, JAMB, digital Banks along with government parastatals including MSME's platforms., the Managing Director stated .

Kaduna state Governor , Senator Uba Sani expressed worries of the high percentage of financial exclusives of the northern part of the country.

He is encouraged by the need for financial inclusiveness not only in the Northern parts of the country, but across Nigeria. Kaduna state Governor stated .

"I signed executive order for financial inclusiveness when I was appointed Kaduna state to trigger social interventions." Senator Uba Sani maintained.

He enjoined other state governors to synergise with e tranzact as one of the recognized payments platforms recognized in the country to attract more bankable people across the country.

SGBV: How Imaan Is Proffering Lasting Solutions To Sexual, Gender inequality In Nigeria

By Abubakar Yusuf 

From the 16 days Activism dedicated worldwide against Sexual and Gender Based Violence (SGBV) including all forms of discriminations, actions and inactions against women that was declared open by the Minister of Women Affairs and Social Development, Hajiya Imaan Suleiman -Ibrahim fsi, on November , 25, 2024, the road to real and genuine domestication and liberation of women folk has begun.

In the last 16 Days of Global Activism against SGBV, Imaan had mobilized 774 local government chairmen's wife including women councillors across the country, state governor's wife , women political appointees both at state and commissioners for women affairs .

As the critical stakeholders in the public service geared towards driving the new approach against SGBV, Imaan made extraordinary arrangements and co-opted women stakeholders , Non Government Organizations NGOs , Civil Society Organisations CSO's, public spirited individuals fighting against women discrimination, the HeforShe,  as well as those owned by both gender capable of driving women emancipation.

The new Minister also used the opportunity to co-opt the international communities and bodies who are directly or indirectly responsible for the day to day program nationally and internationally, through adequate and indepth awareness campaigns that criss cross the nooks and crannies of the country in the last 16 days.

From the international day of violence against women which began in November 16 that culminated into the day signified as Human Rights day which fell into December, 10, 2024.

Aside mobilising both local and international stakeholders, staffers of the agency and agencies of government, Ministries and  Departments were all engaged into the 16 Days Global Activism in line with the mandate of the Renewed Hope Agenda of President Bola Ahmed Tinubu's administration.

With the marking of the Human Rights day for December, 10, 2024, it is a positive drive by the current leadership at the Ministry of Women Affairs and Social Development under Hajiya Imaan Suleiman -Ibrahim fsi has kick-started a new chapter in human/women liberation from all forms of discriminations.

Having launched a vigorous campaigns and advocacies both locally and internationally to mark the 16 Days Global Activism against SGBV, spread across the six geopolitical zones, nooks and crannies of the country, the campaign for life sentence for those who harass women sexually has begun in earnest.

With determination and obvious display of capabilities by the Minister and her team which included a well positioned technocrats , bureaucrats and well thought out political head at the top echelon of the Ministry's affairs , no doubt, the journey against all forms of discussions  and discriminations against women have taken another dimension .

All hands must be on deck to support the new leadership encapsulated under the Renewed Hope Agenda, not only to consolidate the new policy thrust and programs of the Ministry , but the timely execution of programs.

With the body language of Hajiya Imaan Suleiman -Ibrahim fsi as Minister for Women Affairs and Social Development, no doubt a new dawn has begun.

Written BY ABUBAKAR YUSUF on [email protected].

Senator Mark Play Host to New Permanent Secretary, National Assembly

By Abubakar Yusuf 

The newly appointed Permanent Secretary, National Assembly, Dr Obasi David Ukoha visited the former Senate President, Senator David Bonaventure Mark. GCON.

During the visit which took place on Friday morning at his residence in Abuja , the new pioneer Permanent Secretary,  presented his letter of appointment to the former Senate President .

Dr Ukoha who was the personal physician to the former Senate President during his two term he held the position,  was appointed Directorate of Legislative Budget and Planning( Permanent Secretary).

Ukoha a technocrat, bureaucrat of high repute was appointed by the National Assembly as the new Permanent Secretary.

UBEC: Working The Talk To Achieve Basic Education In Nigeria

By Abubakar Yusuf 

To achieve Basic and Junior Secondary Schools Education, a lot of efforts is needed routinely towards attaining laudable initiatives been put in place by the leadership of the agency, under Dr Hamid Bobboyi.

Aside funding and Infrastructural development, manpower development has been a corrolary towards ensuring the SDGs Goals 4 is realizable.

Moving gradually towards decades of action tagged by the United Nations sustainable development goals as 2020-2030 Agenda, that is geared towards the realization of all needed requirements by developing and underdeveloped countries towards attaining SDGs Goals,  both in socio-economic, political, health , education and well-being of citizens.

In line with these objectives, the Universal Basic Education Commission UBEC in Nigeria had redoubled efforts to eradicate the engagement of non- qualified teachers both at the Basic Education and Junior Secondary Schools prevalent at the state governments level and the private schools .

The ugly development continues rearing it's head inspite of the huge  investment and quantum contributions been carried out by the commission in assisting both state and local government that formed the core of sub-nationals.

Since the quality of teachers been engaged at the Basic Education and Junior Secondary Schools cannot be compromised, the desire to engage qualified ones should not be overemphasized,  in line with the provision of the act and SDGs interventions Goals 4 .

Since the basic requirements for engagement of teachers at the primary schools level and Junior Secondary Schools in line with the requirements of the Teachers Registration Council of Nigeria (TRCN), remained National Certificate in Education (NCE), anything short of it negates the standard requirements all over  both Basic Education and Junior Secondary Schools.

But , for lack of commitment and diligence on the part of states and local governments, the practice geared towards maximizing funds against the lay down procedures has become a corrolary to the delivery of quantitative rather than qualitative education.

Speaking at different fora , the Executive Secretary, Chief Executive Officer ES CEO of the Universal Basic Education Commission (UBEC) lamented the unrepentant template drew by both states and local governments as well as the private schools to sustain the negative trend.

He has continued to preach against the unethical standards that is capable of eroding the delivery of Basic Education in the country in line with the UBEC act and the UN SDGs.

Hence in his series of contributions and remarks , he averred as follows ....

"The Executive Secretary of Universal Basic Education Commission (UBEC), Dr Hamid Bobboyi has lamented that one of the challenges being faced in basic education in Nigeria is the recruitment of unqualified teachers."

"He said this was happening in spite of the efforts by the Federal Government and other stakeholders to ensure standards and support for the provision of quality teachers in the country."

"Speaking at a conference with the theme ‘Transforming Teacher Professional Development for Improving Learning Outcomes at Basic Education Level’ held in Abuja, Bobboyi said it was sad to find that some teachers in schools are holders of the First School Leaving Certificate."

"He added that a lot of the teachers recruited by some state governments and private schools are also holders of Basic Education Certificate, Senior Secondary School Certificate, Associate Certificate in Education, and Diploma Certificate."

"Meanwhile, the national policy on education prescribes the Nigeria Certificate in Education (NCE) as the minimum teaching qualification in the country, while the Teachers’ Registration Council of Nigeria (TRCN) has been in the forefront of enforcing this with minimal success."

“This is because some state governments believe that education is in the concurrent list and as such they could determine who they recruit to teach in their schools, especially where reports have indicated that recruitment of teachers and engagement of other workers in some states is dependent on “political patronage.”

"He noted that the impressive attendance at the event by stakeholders was a reflection of the concern shared over the low learning outcomes at the foundational level of education on which the higher levels are expected to stand."

“A number of studies show that basic education learners are weak, especially in the basic functional skills of literacy, numeracy and life skills. It is generally believed that teachers at this level of education are not only in short supply, but are ill-prepared to effectively implement the curriculum,” Bobboyi said.

"According to him, a teacher’s preparation is in two phases: pre-service and in-service (professional development), explaining that the former is predominantly theoretical and the latter practical."

"He noted that “it is expected to bridge the gap between theory and practice as well as keep the teacher abreast of changes in the subject knowledge and pedagogical skills in a rapidly changing technology-driven world.”

"He reminded the audience at the event that schooling goes beyond attendance and moving across the classes to graduation, saying it is more about the quality of learning – knowledge, skills, attitudes and values acquired and the ability of learners to apply them as they journey through life."

"While underscoring the importance of Teacher Professional Development (TPD), Bobboyi noted that it is the teacher who facilitates learning and to perform the task effectively; he/she needs to attain a certain level of competency at the end of his pre-service training and to also build on it continuously throughout his/her teaching career."

He said: “Ideally, teachers are expected to regularly and continuously undergo professional development. As we are aware, knowledge is dynamic and the teacher in particular is expected to keep abreast of knowledge development in his subject area by unlearning stale and outdated knowledge, while learning and relearning new knowledge."

“The way things are done is also constantly changing due to technological development. The teacher is expected to acquire new teaching skills as they unfold and have the capacity to use the technological tools which are increasingly changing the way teaching is done and how learning takes place."

“These are areas, among others, that the continuing professional development is expected to expose the teacher to in order to improve his/her competence and capacity to effect a quality learning.”

"For example, the UBEC 2022 National Personnel Audit, NPA, reveals that 67.5% of teachers in public schools and 85.3% in private schools have not attended any in-service training in 5 years (2018-2022). This prevailing situation has implications for quality education delivery."

“The Federal Government, through UBEC, has contributed a total of N57,165,751,416.12 as assistance to the States for teacher professional development between 2009 and 2022."

“This is grossly inadequate to cover the training needs of the teachers. The States that are being assisted have come to depend largely on the Federal Government fund for their TPD, with little or no contribution. This is a major challenge in assuring quality learning outcomes at basic education level."

“There is also the challenge of the quality of the training conducted in the states which makes no impact at the school level. Teachers who attend training activities are unable to put into practice what they learnt. The institutions engaged by States to train their teachers generally adopt a one-size-fits-all approach without due consideration for training needs, teaching environment, teachers’ background and subject specialisation. Coaching and mentoring at school levels, which can fill gaps in content knowledge and pedagogical skills, are either non-existent or weak."

“Similarly, quality assurance and teacher support services at the State level are also weak. The real issue we should discuss at this Conference is whether we can continue doing the same thing over and over with the hope that we will get a different result."

“From 2009 when the Federal Government has been supporting States in Teacher Professional Development implementation, we cannot say that we have been able to achieve the desired objectives."

“A lot of resources have been deployed to this sector and yet this has not been reflected in learners’ achievement. It is time for us to review our practice and approaches and ensure that the main objective for the introduction and implementation of TPD, which is to improve teacher and learner performance, is achieved for the benefit of the learners and the nation at large."

“This is the central reason for organising this Conference. We need to discuss and come up with recommendations on what should be done differently towards transforming TPD for the improvement of teacher quality and, by implication, the learning outcomes,” the UBEC boss said."

With determination, commitment and in accordance with the regulatory framework and policy thrust guiding the operation of the commission, no doubt the new approach will ameliorate the continuous enrollment of non -qualified personnel into the teaching profession in the country.

Written BY ABUBAKAR YUSUF on [email protected].

BOI: Group Commends Olusi Over Economy Policies Delivery

Civil Society Groups for Economic Recovery (CSGER), a coalition of over 76 civil society organizations, has commended the management of the Bank of Industry (BOI), led by Dr. Olasupo Olusi, for driving various sustainable economic initiatives for improved service delivery to Nigerians. .

In a communique issued and signed in Abuja after it’s annual Board meeting and review of economic recovery initiatives of BOI, the National Coordinator, Comrade Matekai Lawrence, applauded Dr. Olusi’s approaches which he described as impactful and revolutionary. 

According to Matekai, the BOI has demonstrated high level of patriotism, commitment and statesmanship which we termed as the most creative economic policy of the present administration of President Bola Tinubu since independence as it traversed and touched lives from the North to the South. 

“The choice of Olusi by the President Bola Ahmed Tinubu administration to steer the economic intervention schemes of the Federal Government through the Bank of Industry was a testament of the Presidency’s firm stand in ensuring a swift change in the economic drive of the nation from the archaic fossilized ideas of the past to a new frontiers with a globally acclaimed  influential economic statesman of the twentieth century. 

“Nigerian Industrial landscape kept grappling with industrial funding chasm in the midst of years of  economic challenges, transparent institutions like the Bank of Industry (BOI) have consistently played  a critical role in providing much needed  funding and fostering critical  development. 

“Over the past year, the youthful and vibrantly brilliant  Managing Director/Chief Executive Officer of BOI, Dr. Olusi has taken up this charge, leveraging on his global expertise and network of super supportive network  global friends  to create impact an industrial innovative creativity across the Nigerian economy and support a wide  range of transformative initiatives. His  well deserved  appointment placed in his heart a resolve laced with renewed commitment to support Nigerian businesses and industries. 

“With a heavy breastplate background in global economics  that spans the World Bank Group, International Finance Corporation (IFC), and Nigeria’s Ministry of Finance that was also for the first time in the history of Nigeria the Coordinating Ministry of the Economy where he gave an unprecedented performance as an astute adviser and National Coordinator of the famous YouWin and ProjectAct that brought in creativity and innovation to the body polity of Nigeria. Olusi also brings over two decades of global experience as a seasoned economist, development finance expert and policymaker. Under his leadership, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, BOI has focused on six key themes: micro, small and medium enterprises (MSMEs), digital transformation, youth and skills development, gender development, infrastructure and climate and sustainability. This comprehensive approach is reshaping and deepening BOI’s impact on Nigeria’s industrial climate.

“In his first year, Dr. Olusi strategically restructured BOI to enhance impact and align with Nigeria’s development agenda. Under his leadership, in line with international best practice, the bank has streamlined the core directorates—such as Large Enterprise, MSMEs, and Public Sector & Intervention Funds—to focus on key industry segments such as the extractive sector, manufacturing sector, services sector, infrastructure, women, youth, and climate initiatives. He also introduced a Corporate Finance and Risk Management directorate to drive global fund raising and risk efficiency efforts. In addition, specialized units for Non-Interest Banking and Development Effectiveness and Research Teams were created to position the Bank for impact.” Matekai applauded. 

The CCGER Coordinator, stressed  further that the ₦50 billion capital injection into BOI’s subsidiary, LECON Financial Services has hugely boosted the LECON’s capacity to support high-impact sectors like agro-processing, healthcare, renewable energy, and telecommunications, enabling it to offer equipment leasing as an affordable alternative to direct purchases. 

Matekai added that Under the leadership of Olusi, the BOI Investment and Trust Company Limited (BOI-ITC) successfully regained its Trusteeship Operating License from Securities and Exchange Commission (SEC) after six years suspension in 2018. This reinstatement allows BOI-ITC to re-enter the trusteeship market and strengthen its position in trusts, consultancy, and governance advisory services. BOI-ITC has facilitated loan applications for over 100 companies, securing more than ₦200 billion in approvals from BOI for MSMEs and large corporations.

He continued, “At a time when accessing capital is increasingly difficult due to global financial constraints and rising inflation, BOI has emerged as a vital player. With interest rates as high as 35 percent in commercial banks, funding is nearly out of reach for manufacturers and other key sectors, Dr. Olusi spearheaded a landmark funder raiser of nearly €2 billion (₦3.4 Trillion) in 2024 from global institutions, an unprecedented achievement in the Bank’s history. This contributed significantly to an increase in the bank’s total assets from N3.9Trillion in December 2023 to N6.38 trillion by end of September 2024, giving Nigerian businesses access to affordable (9-14%), long-term capital and job creation facilitation. BOI is also breaking ground with initiatives to reduce trade barriers, expand market access, and create better conditions for foreign and domestic investment.

“The innovative leadership style of Dr.Olusi  at BOI has prioritized support for Micro, Small, and Medium Enterprises (MSMEs), forging strategic partnerships to enhance financing and growth opportunities across the sector. Notably, BOI’s collaboration with the Small and Medium Enterprises Development Agency (SMEDAN) led to a ₦1 billion fund offering single-digit interest loans to nano and micro enterprises, with both organizations contributing ₦500 million each to expand grassroots access to finance. BOI has further strengthened its partnership with the relevant trade associations. This is further evidenced by the signing of MoUs with key private sector organizations—including the National Association of Small and Medium Enterprises (NASME), Nigerian Association of Small-Scale Industrialists (NASSI), and Manufacturers Association of Nigeria (MAN), to deepen real sector financing.

“Additionally, under Olusi’s leadership, the Bank spearheaded as the implementation agency, the Federal Government’s ₦200 billion program supporting 1 million nano enterprises, 75,000 MSMEs, and 140 manufacturing companies, helping to drive job creation nationwide. 

“In a significant push for rural development, he launched the RuralArea Program on Investment for Development (RAPID), committing over ₦100 billion to stimulate rural enterprises and aiming to create 300 new enterprises in each of the 36 states of the federation as well as the FCT. Olusi has also brought BOI closer to communities by opening and commissioning new state offices in Akwa Ibom, Jigawa, and others, and signing MoUs with states like Rivers, Katsina, and Akwa Ibom to provide billions of Naira through managed or matching funds.

“Driven by a commitment to even greater development impact, transparency and efficiency, BOI is transforming into a knowledge bank to better support Nigeria’s private sector. Under his leadership, BOI launched PriceSenseNG, an innovative mobile app providing real-time food price data across Nigeria, helping to boost market transparency, guide policy, and combat food insecurity. Complementing this, the bank introduced two publications, the BOI Journal of Development Finance (Technical) and the BOI Journal of Development Review (Non-Technical)—to share insights on MSME development and industrial growth.

“BOI has also secured an international partnership to stimulate international bilateral economic activity. During the 2024 IMF and World Bank Group Spring meetings, BOI signed an MoU with the Export-Import Bank of the United States (EXIM) to jointly identify projects that foster economic prosperity in both Nigeria and the U.S. This partnership, which focuses on sectors such as climate, infrastructure, creative arts, technology, and support for women-owned businesses, underscores a shared commitment to fostering sustainable development. EXIM President and Chair Reta Jo Lewis emphasized that the collaboration symbolizes EXIM’s dedication to strengthening U.S-Nigeria relations, while Olusi described it as an exciting step toward driving United States  investments in Nigeria.

“Recognizing the growth potential of Nigeria’s digital and creative sectors, BOI is actively investing in these fields through the Investment in Digital and Creative Enterprises (iDICE) program. This Federal Government-backed initiative, co-funded by international organizations such as the African Development Bank, Agence Française de Développement, and the Islamic Development Bank, will provide training and capacity-building opportunities for Nigerian youth aged 15 to 35. By equipping 175,000 young Nigerians with ICT skills and supporting enterprise development, iDICE aims to create 800,000 jobs and foster entrepreneurship within Nigeria’s burgeoning digital economy.

“In alignment with Nigeria’s sustainability agenda, BOI has also launched a climate-focused initiative under Dr. Olusi’s leadership. The bank has been nominated as a Direct Access Entity by the Nigeria Climate Change Commission (NCCC) to access financing for climate projects through the Green Climate Fund (GCF). This designation empowers BOI to spearhead climate initiatives and support sustainable development efforts in Nigeria. In addition, through a partnership with RESWAYE, BOI has committed to planting 1,000 trees across Lagos State, an effort aimed at addressing climate change and promoting environmental conservation. 

“This initiative complements BOI’s call for local and international climate funding to support green investments in Nigeria. At the launch of BOI’s "Green Grows Initiative," Olusi emphasized the severe impact of climate change on the Nigerian economy and the need for collective action to mitigate these risks. BOI’s commitment to operational excellence and corporate governance continues to be recognized with the institution maintaining its A+ rating from the Association of African Development Finance Institutions (AADFI) in 2023. It also holds top-tier ratings: Aaa from Agusto& Co (domestic), Caa1 positive outlook from Moody’s Ratings(foreign), and AAA (nga) ratings from Fitch (foreign), highlighting BOI’s commitment to high standards and transparency. Amid rising capital costs and shifting economic conditions, the bank under Dr. Olusi has shown the role that DFIs can play in navigating development challenges, maximizing their capital for economic impact,and striving toward Nigeria’s $1 trillion economy target.In the past year, BOI has garnered multiple awards reflecting Dr. Olusi’s impactful leadership. These honors include the EMEA Award for “Best Social Development Program in Africa” for the Investment in Digital and Creative Economy (iDICE), the SERAS Award for “Best Company in Financial Inclusion” and “Most Effective MDA/Parastatal in Sustainable Development,” and the Philips Consulting Ltd. Award for “Best Website and Overall Best Digital Presence for a Federal Parastatal.”Olusi’s transformative work at BoI and within Nigeria’s banking sector has earned him multiple honors in 2024, including honorary fellowships from the Chartered Institute of Bankers of Nigeria (CIBN), the Nigerian Economic Society, the Chartered Institute of Risk Management (CRMI), and the Chartered Institute of Directors (IoD). 

“As BOI steps into its next phase, we believe the institution will continues to innovate in funding, products and policy to foster growth across Nigeria’s industrial sector as well as serve high-impact and underserved sectors. We also have confident that under Olusi’s astute leadership, the bank will not only bridge the funding gap but it will sustain catalyzing inclusive industrial and entrepreneurial development, affirming its position as a pillar of Nigeria’s economic future.” Matekai charged.

Tantita Award Night; Pondi Commiserates Eith Staffers, Assures Of More Secured Environment

By Inuwa Lawal

The company’s Chief Executive, High Chief Keston Pondi, hailed President Bola Ahmed Tinubu and National Security Adviser, Mallam Nuhu Ribadu, for their relentless support and encouragement which enabled Tantita to excel in its mandate.

Pondi, in his remarks at the company's end of the year party on Saturday, also gave kudos to all security agencies and host communities for their uncommon support since Tantita was hired by the Federal authorities to complement the war against criminality associated with petroleum products.

He also remembered those who lost their lives in the course of the war against crude oil theft, noting that rapid increase in crude oil production showed that their death was not in vain.  Pondi said they would continue to be remembered for paying the supreme sacrifice in the national interest.

"Ladies and gentlemen, we (Tantita) won't be where we are today if not for the unparalleled support and encouragement of President Bola Ahmed Tinubu,  NSA, Mallam Nuhu Ribadu, all arms of the security agencies and our various communities in the Niger Delta. We are eternally grateful to Mr. President, NSA, security agencies and our communities."

"We must also recognise the roles played by our fallen heroes, I mean our workers and other stakeholders who lost their lives in the course of the struggle to totally eliminate crude oil theft in the nooks and crannies of the Niger Delta. They would not die vain and indeed, the steady increase in crude oil production has shown that they didn't die in vain," Pondi added.

The Managing Director, Tantita Security Services, an outfit engaged by the government to fight against oil theft and pipeline vandalism High Chief Kestin Ebimorbowei Pondi has reiterated the  commitment towards bringing a lasting solution to the unpatriotic act, stating that efforts will be redoubled in the subsequent years.

"He praised President Tinubu, Ribadu, Host communities and Security agencies- Navy, Army, Airforce, Nigerian Security and Civil Defence Corps ( NSCDC), Department of State Security Services 

(DSS) for their support in the fight against crude oil theft and their encouragement of Tantita in carrying out its assignment.  Their support made the achievements come easy in the onerous assignment."

He observed one minute silence in honour of those who lost their lives in the struggle, adding that the achievements recorded by the increase in crude oil production showed that they didn't die in vain, saying fallen heroes are workers of Tantita and stakeholders who lost their Iives in the course of the fight against oil theft.

Pondi maintained that the award night was not only for celebration, but victory against adversaries and their collaborators who are bent on bringing the country down, through various means of oil theft and pipeline vandalism.

While promising to continue to secure the economy of the country through a safe haven in the oil extraction, saying efforts must be redoubled towards making significant changes positively.

The Managing Director stated that less than two years of the engagement of Tantita Security Services, stakeholders in the oil industry have testified the efficacy of the security outfit in addressing crude oil theft .

The unparalleled commitment of the oil security outfit, arrest of illegal bunkerers their vessels and other equipment been deployed for the criminal acts was a pointer to the success story we are celebrating today.

While eulogizing President Bola Ahmed Tinubu, he lauded the security apparatus in the last one year , as playing a greater roles in line with the Renewed Hope Agenda of the present administration on securing of National Assets.

He also paid glowing tributes for those members of staff who lost their lives in the course of national assignment and security of national treasure, others who have displayed indispensable roles out to be recognized and also honored to encourage them .

The release further states..

"Welcome Address High Chief (Engr.) Kestin Ebimorbowei Pondi, FNII, FNSE, the Managing Director Tantita Security Services Nigeria Limited."

 

" Good evening, esteemed guests, colleagues, and friends,  

 It is a great honour to welcome you to Tantita’s Award Night: Honouring Excellence This Christmas. Tonight, we gather not just to celebrate achievements but to reflect on the incredible journey we have undertaken together in our fight against oil theft and crude oil vandalism. " 

" This battle is not just about protecting the nation’s  oil and gas infrastructures, it is a mission to secure the economic future of Nigeria. At Tantita Security Services Nigeria Limited, we have embraced this responsibility with unwavering resolve, and I am proud to say we are making significant strides in this fight.  "

" Before the advent of the Industry wide Security architecture called Operation Plug as established by the Board of NNPC E&P, under the distinguish leadership of Mele Kolo Kyari in 2022, crude oil losses measured 36.69 million barrels, with daily production output of about 800,000–900,000 bpd. It was a dark time for the industry and the country at large. "

"In less than two years, of the engagement of Tantita, the results were astounding as the report from NEITI (Nigeria Extractive Industries Transparency Initiative) and NUPRC (Nigerian Upstream Petroleum Regulatory Commission)  for the year 2023 (January to December 2023) shows very significant reduction of oil losses from 36.69 million barrels in 2022 to 7.68 million barrels, reflecting a whopping 79% decrease compared to the previous year. "

" In the Span Tantita’s operations within these years (August 2022 – Nov 2024) the contribution of Tantita’s workforce who have shown unparalleled commitment in the fight against Crude oil theft discovered a total of 3,963 incidents captured on IMRA. Out of these numbers, 702 were illegal connection points, 971 were cases of theft, 1,784 were illegal refinery cases involving the destruction of 3,063 (as some of the IR were in a Cluster, having more than one Train), and 204 cases of Aversion/Deterrent."

"It is also worth noting that within this same period of intense work, Tantita Team apprehended 8 vessels, (3) Tugboats and 6 Barges, 117 Vehicles, 52 Tanker Trucks, 47 Fibre/Speed boats, 7 tricycle/motorcycles and 1,743 wooden boats involved in illegal operations.

8. While it will be exhausting to highlight every details of our journey to curtail the scourge of oil theft, a whole lot of other discoveries have been made by our team that has subsumed the scourge of oil theft as either a crime of need or that of greed. "

"Our success is rooted in collaboration and the support we have received from the President Bola Ahmed Tinubu Led administration whose commitment and partnership have strengthened our resolve and amplified our impact. Our immense gratitude goes to the unwavering support of the Government Security Agencies especially the Nigerian Army, Nigerian Police Force, the Nigerian Civil defense, the Department of State Security Service and the Nigerian Navy. Your dedication to eradicate oil theft and vandalism has emboldened us to achieve milestones that were once thought unattainable. "

"While we recount our success story, we will not forget those who paid the ultimate price. The ones in whose blood the flag of our success rest on. The military especially personnel of the Nigerian Army, civil defense, key informants and of course personnel of TSSNL that died in the course of ensuring that our nation have a booming economy, we mourn and celebrate your sacrifices in same breathe. "

"Equally, I want to recognise the incredible efforts of our team—a resilient and dedicated group of individuals whose collective contributions drive our success. Whether in the field, planning operations, providing support, or ensuring seamless execution, every member of the Tantita family plays an indispensable role in achieving our mission. Your courage, diligence, and determination inspire us all, and tonight, we celebrate you. "

 

"As we honour excellence through these awards, let it serve as a reminder of what we can achieve when we work together with unity of purpose. They are not just symbols of individual accomplishment but also a testament to the power of teamwork and shared vision.  "

 "While we celebrate tonight, let us also look forward with renewed determination. The journey ahead will require even greater effort, but together, with the support of the government and the strength of our united team, there is no challenge we cannot overcome."

" Thank you for joining us on this special occasion. Let us enjoy the evening, celebrate our victories, and embrace the possibilities of a better future.  

. Welcome, and thank you once again."