NEWS
#EndSARS Protest: Kwara Releases N180.775m to 48 Businesses
From Alfred Babs, Ilorin
Kwara State Governor, AbdulRahman AbdulRazaq has presented cheques for grants to 48 business operators whose shops were looted during the October #EndSARS protest in Ilorin, the state capital.
A statement signed by Rafiu Ajakaye, Chief Press Secretary to the governor said that the total grants awarded to the business owners stood at N180, 775,000 in line with the recommendations of the committee.
The government had in November engaged an independent insurance adjuster and empanelled an 11-person committee, including civic groups and representative of the business owners, to fact-check claims submitted by 342 businesses who filled an online form to benefit from a N500m SME Recovery Fund establish to support the victims.
It said that of the 342 firms who registered, only 64 turned up for verification out of whom the committee established 48 for compensation while 8 injured vigilantes manning the looted Cargo Terminal were also captured for some support.
The Governor presented cheques to all the affected businesses on Wednesday in the Ilorin, with the highest beneficiary getting a grant of N17m, the middle earner getting N15m, and the lowest getting N100,000 as recommended by the adjuster and the committee.
The governor said, “We really sympathise with you and we regret that such a thing ever happened to businesses.
We do not have the capacity to give you everything you have lost but this is our token of support to encourage you not to give up,” AbdulRazaq remarked just before handing them their cheques.
He said the government is always willing to help businesses to grow as part of its efforts to build an economy outside of the civil service that is currently the biggest labour demographics in the state.
“The trouble emanating from #EndSARS incident has come to pass but it left a lot of victims behind and you are some of the victims.
It is not your fault that your businesses were damaged but as an entrepreneur, we believe in what you are doing,” he said.
“We want to turn Kwara from being civil service state to be an enterprising state and entrepreneur like you must be encouraged.
We want more people to do what you are doing and if we give you the confidence to stay and rebuild your businesses in Kwara, more people would be encouraged. You are pathfinders, you are setting pace and showing the ways to others who want to achieve in life.
“Government cannot provide all the jobs but it should be providing the right atmosphere for ease of doing business. That is why we feel very strongly about encouraging you to achieve what you need to do. So, those of you that have started repositioning yourselves, we wish you well and thank you.”
Deputy Governor and Chairman State SME Recovery Fund, Kayode Alabi, who was represented by the Acting General Manager, Kwara State Social Investment Programme, Mohammed Brimah, said the occasion was in fulfilment of the government’s pledge to support affected business operators.
“Let me congratulate Your Excellency and the entire citizens of Kwara State for this laudable feat by taking the bold step to reduce the suffering of the affected shop owners occasioned by #EndSARS protest.
This is in line with avowed commitment of the present administration to create enabling environment and eliminate all forms of constraints especially the SMEs in the state,” he said.
Foreign News
Israel Sends Two Planes to Evacuate Fans after Amsterdam Violence
Israel has sent two planes to evacuate fans from Amsterdam after violent clashes between Israeli supporter and pro-Palestinian demonstrators on the fringes of Ajax versus Maccabi Tel Aviv Europa Cup match.
“The Prime Minister has directed that two rescue planes be sent immediately to assist our citizens,.
“The harsh pictures of the assault on our citizens in Amsterdam will not be overlooked’’ Israeli Prime Minister Benjamin Netanyahu’s office posted on X on Friday morning.
The Israeli leader’s office called the incident horrifying and demanded that the Dutch government and security forces take vigorous and swift action against the rioters, and ensure the safety of our citizens.
This clash was however unclear and yet to be unfolded.
The exact events remain unclear. The violent disturbances occurred around the Europa League football match between Dutch club Ajax Amsterdam and Maccabi Tel Aviv on Thursday evening. Ajax won 5-0.
There were clashes in several locations in the centre of the Dutch capital; though it was not specified which side started the violence.
Around 60 people were detained temporarily on Thursday evening, the police said.
Amsterdam TV station AT5 reported that demonstrators threw chairs at Maccabi fans.
The police’s mobile units reportedly shielded the Israelis and escorted them to their hotels.
There were also clashes in the afternoon between Israeli football fans and security forces in the city centre.
According to police, about a dozen people were arrested for disturbing public order and illegal possession of fireworks.
Even before the match, there were isolated altercations near the stadium in the south-east of the city, the police said.
More than 200 demonstrators attempted to reach the venue, according to the police.
Dutch Prime Minister Dick Schoof condemned these “unacceptable antisemitic attacks on Israelis’’ on X and said he had since spoken with Netanyahu.
Far-right Dutch leader Geert Wilders called it a pogrom.
“We have become the Gaza of Europe,’’ he said, adding that Muslims with Palestinian flags were hunting down Jews.
Israel’s UN ambassador also referred to the incident on X as a pogrom.
Steffen Seibert, Germany’s ambassador to Israel condemned the incident.
“Chasing and beating up Israeli soccer fans is not anti-war protest.
“It is criminal and intolerable and we must all stand against it. As a European I am ashamed to see such scenes in one of our great cities,’’ he wrote on X.
However the Reaction from the United States (U.S.).
In New York, Jonathan Greenblatt, the head of the Anti-Defamation League (ADL), described itself as the world’s largest anti-hate organisation.
He demanded that the Dutch government ensure the safety of Israeli fans, apprehend and prosecute the perpetrators and apologise for the violence.
“This is exactly what ‘globalise the intifada’ looks like,’’ Greenblatt wrote on X, saying there were mobs of hate-filled people who had attacked Israelis who came to Amsterdam to enjoy a football game.
Even New York Attorney General Letitia James chimed in on X, calling the attacks against Jews in Amsterdam “deeply disturbing and horrifying.’’
New York State, particularly metropolitan New York City, has a large Jewish population.
“We must do everything in our power to protect Jews in America and across the world.
“This anti-Semitism and violence must end now,’’ she wrote. (dpa/NAN)
NEWS
NAICOM Gives Insurers Dec.31 Deadline to Settle Outstanding Claims
The National Insurance Commission (NAICOM) has given insurance companies Dec.31 deadline to clear all outstanding claims.
The Head, Communication and Stakeholders Management Sub-committee of the Insurers Committee, Mrs Ebelechukwu Nwachukwu, made this known while addressing a news conference after a meeting of management in Lagos.
The meeting marked the first gathering of the Insurers Committee with Mr Segun Omosehin, as the Commissioner For Insurance.
Nwachukwu, also Managing Director, Rex Insurance Ltd., said the commissioner charged insurance companies CEOs at the meeting to ensure that no outstanding claims is captured at the close of their 2024 financial accounts.
The NAICOM boss, she said, tasked the insurance company’s executives to defend the insurance industry through payment of genuine claims, which is integral.
“The regulator said it would be checking in an intensive and focused manner, the outstanding claims in the insurer’s books.
“The commission said its focus is on the soundness of the insurance industry, measured by the ability of meet their obligations when due,”she said.
According to her, the commissioner also charged the insurance companies to take steps towards recapitalisation, by evaluating their financial position, as to the need to raise fresh capital.
She said the charge came by the regulator,having exposed a draft of the Risk Based Supervision (RBS) regulations to the operators, in the event that recapitalisation takes-off.
“If there will be need to raise capital, insurance companies need to start speaking with their different boards, shareholders about the possibility of recapitalisation happening, before it becomes a regulation,”she said.
Nwachukwu revealed that the commissioner further encouraged brokers to ensure strict compliance with the “no premium, no cover” regulation, having observed some violations to the regulation.
She said the commissioner also charged CEOs of insurance firms to get involved in addressing complaints.
Nwachukwu also stated that the regulator encouraged the insurance operators to submit the financial statements of their companies early enough, to create more confidence on the industry.
She mentioned that Omosehin charged the insurers to focus their attention significantly on Nigeria’s Data Protection regulations for the insurance industry.
The sub-committee chairman said NAICOM boss also wants insurance operators to pay specific attention to the implementation of the 10- year Insurance Strategic Plan.
She said this was important, having unanimously agreed to seven thrusts of commitment that would enable the industry meets its objective by year 2027.
Nwachukwu added that the commissioner charged the insurance operators to also pay attention to the legal and regulatory framework for the industry, under the Insurance Bill 2024.
“He spoke about focusing of compliance issues, under the Prudential Guidelines released by NAICOM to the insurers and put an end to Corporate Governance abuses, recognised within the industry.
“The commissioner discussed the National Credit Guarantee Scheme signed by President Bola Tinubu.
“If insurers invest in the scheme, we have the potential of sitting on the board of the facility, where a lot of decisions would be taken,”she said.
According to her, Omosehin also informed the insurance operators on the significant progress made on the Agency’s portal, noting that all resources are in place to continue the efficiency of the portal.
Nwachukwu said the present administration of NAICOM is very clear on the insurance industry and what it expects to see and has hinged its success on the collective Insurance Industry Reforms plans agreed upon as an industry.
She further said that the regulator insisted that insurers get the right approval from NAICOM before newly appointed Executive Director of insurance companies assumes their appointment.
The insurer stated that the committee also reconstituted its sub-committees in line with the pillars of its 10-year roadmap for the insurance industry.
Nwachukwu listed the reconstituted sub-committees of the Insurers Committee as, the Insurance Sector Stability committee,Communication and Stakeholders Management committee, Technology and Talent Management committee and Customer Service and Market Expansion committee.(NAN)
Foreign News
Several Israelis Injured, Missing after Violent Clashes in Amsterdam
Three Israelis are missing following clashes between Israeli football fans and pro-Palestinian demonstrators on the fringes of football club Maccabi Tel Aviv’s match in Amsterdam, according to Israeli authorities.
Ten people were injured in the violence, the Israeli Foreign Ministry said on Friday morning.
The degree of their injuries was initially unclear.
The ministry urged its citizens to use public transport to travel to the airport, after Israel had announced it was sending two planes to evacuate the fans.
Local security forces had been deployed, the ministry said.
The ministry had initially advised fans not to leave their hotels.
It also advised its citizens not to wear Jewish or Israeli symbols in public.
(dpa/NAN)