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Abandoned projects: ICPC  Returns over 500 Contractors to Sites

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The Indepedent Corrupt Practices and Other Related Offences Commission (ICPC) has said it has returned over 500 contractors to sites to complete abandoned and shoddily completed projects.

The commission said this was achieved through its Constituency and Executive Project Tracking Initiative (CEPTI).

Demola Bakare, Spokesperson for ICPC, said this in a statement on Wednesday in Abuja.

 He quoted the ICPC Chairman, Dr Musa Aliyu, as saying this at a Policy Dialogue on the Role of the Private Sector in the Implementation of Constituency Projects in Nigeria.

The dialogue was organised by OrderPaper Advocacy Initiative in Abuja.

The chairman, represented by the Secretary of the Commission, Mr Clifford Oparaodu, said CEPTI had saved the country hundreds of millions of naira in the process.

”CEPTI, through its various phases has tracked over 3,485 projects between 2019 and 2023.

”Some of the uncompleted projects not only deprived Nigerians of basic amenities and infrastructure, but also posed the risk of increased security risks.

”Some of the projects or buildings might be inhabited by unscrupulous members of the community,” he said.

Aliyu underlined the importance of the Private sector in monitoring the implementation of constituency projects in the country.

He said that completed constituency projects were major dividends of democracy, which fostered growth and development at the grassroots.

The ICPC chairman said that lack of accountability in execution of projects was “a red flag of systemic corruption” that short changes the electorate and deprives them of beneficial social systems that should be readily available.

Aliyu further said that the private sector had a major role to play in identifying and preventing corruption in execution of projects and highlighted the successes recorded via the project tracking initiative of the Commission.

He lauded the increased impact of Civil Society Organisations (CSOs), NGOs and other stakeholders in the private sector.

“Private sector participation in constituency project implementation is integral to the execution of such projects hence it should be accorded the necessary encouragement.

 ”This is based on the conviction that the process stands to benefit more from value chain in areas like funding and investment” the chairman added.

Aliyu stated that the recent pronouncement of the Supreme Court as regards Local Government autonomy necessitated increased efforts to optimise the resources allocated to the grassroots.

While welcoming participants to the policy dialogue, the Executive Director of Orderpaper, Mr Oke Epia, stated that “Constituency projects are no longer matters under the radar”

He said that they were meant to benefit communities and improve the living standard of the society.

Epia further said that Orderpaper from its inception was in the business of correcting erroneous information and misconceptions about the role of lawmakers in the implementation of constituency projects.

He maintained that corruption and lack of accountability in the execution of such projects should not be apportioned to lawmakers alone, but rather the spotlight should also focus on contractors.

According to Epia, corruption cannot happen without the connivance and collaboration of contractors and the financial system (institutions) too”.

He urged stakeholders to see the dialogue as an opportunity to facilitate robust conversation and focus on how to collaborate with the private sector to deescalate issues hampering transparency and accountability.

Also, the Majority leader of the Senate, Micheal Opeyemi Bamidele, said that the success of the implementation of constituency projects was dependant on the conduct of all key players in the sector.

 “No government, no matter how well organised, can guarantee a nation’s rebirth,”Bamidele said.

He called on members of the private sector to dedicate time and resources to the growth and development of their communities as part of their Corporate Social Responsibility (CSR).

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, stated that key players of the private sector should work in tandem with Law Enforcement Agencies (LEA)

According to him, working with LEA like ICPC and EFCC will help curb the corruption in constituency projects.

Olukoyede, who was represented by Dr Eze Johnson, added that the input of members of the community was equally important in the implementation of projects.

He said they were the end users and their input will automatically reduce waste and prevent corruption.

The EFCC chairman praised the initiative of the  policy dialogue, stating that constant discourse creates multiple solutions to prevailing issues in the implementation of constituency projects. (NAN)

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Zamfara: Group Faults Poor Governance For Insecurity

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The Northern Youth Development Association of Nigeria has alleged that Zamfara State Governor Dauda Lawal has turned insecurity into a political tool, using his platform to wage a campaign of calumny against the Minister of State for Defence, Bello Matawalle.Abdukadir Yusuf, the association’s National Secretary, who spoke to the press, stated that security is not—and must never be—an arena for partisan politics.

The safety and well-being of Zamfara’s citizens must be placed above personal ambition and political rivalry.
According to him, Lawal has appeared on multiple television shows, making baseless accusations, all in a bid to undermine Matawalle’s reputation and hinder his efforts to contribute to national security.
”Let me be clear: this is not just a personal attack on Dr. Matawalle—it is an attack on all Nigerians who desire peace, security, and good governance.”By undermining the Minister of State for Defence, the governor is not just engaging in political vendetta; he is jeopardizing the fight against insurgency, banditry, and terrorism across the nation.”This is not leadership. This is a betrayal of the trust that the people of Zamfara placed in him when they elected him to serve.”Speaking further, Yusuf said that after months of public outcry and criticism from civil society, political parties, and concerned citizens, Governor Lawal has finally reconstituted the Zamfara State Security Trust Fund—a body he abandoned shortly after taking office.This move, however, comes far too late and smacks of desperation. It is a reactionary step aimed at salvaging a damaged reputation rather than a proactive measure to combat the escalating security crisis.”While Brigadier-General Abdulkadir Gumi has been appointed as the new chairman, and a fundraising committee established under the leadership of Alhaji Sambo Garba, one must ask: where was this sense of urgency when lives were being lost, when communities were being ravaged, and when bandits were tightening their grip on the state?”The time for half-hearted measures is over. Zamfara’s people deserve more than belated actions taken under pressure.”They deserve a governor who will put their safety first and work hand-in-hand with all stakeholders, including the Federal Government, to restore peace and security.”Dauda is said to have played a pivotal role in sponsoring the large-scale protests in August and is reportedly planning another protest for October 1st. These actions, viewed as attempts to destabilize the current administration, are a cause for concern, and security agencies are urged to remain vigilant in monitoring these activities.The National Coordinator of the association, Muhammad Umar Yakubu, said that allegations have surfaced linking Governor Lawal to illegal mining activities—an industry closely tied to the financing of banditry in the region.The arrest of notorious bandit leader Bashir Hadejia and his alleged confessions have implicated the governor in these illicit operations.Additionally, there are accusations that Governor Lawal orchestrated protests against President Bola Tinubu’s administration—protests aimed at destabilizing the government while shifting blame away from his own failures in Zamfara.”Such actions are deeply troubling and demand thorough investigation. The people of Zamfara deserve to know whether their governor is complicit in the very criminal activities he claims to be fighting.If these allegations are proven true, they reveal a leader who is not only failing in his duty but actively contributing to the insecurity that has plagued our state.We must all rally behind the cause of restoring peace to Zamfara. Dr. Bello Matawalle, despite being relentlessly targeted by Governor Lawal, has remained focused on his mandate as the Minister of State for Defence.He has pledged his loyalty to President Bola Tinubu and has worked tirelessly to strengthen the nation’s security apparatus. Under his leadership, several notorious bandits, including Halilu Sububu, Kachalla Sani Black, and Kachalla Makore, have been eliminated, bringing a fragile peace to Zamfara and its neighboring states.”These achievements are not mere coincidences—they are the result of dedicated leadership and a commitment to securing the lives of the Nigerian people.”Governor Lawal would do well to follow this example. Instead of waging personal wars and engaging in political theater, he should work with the Federal Government, security agencies, and his predecessor to deliver on the promises he made to the people of Zamfara.”The 2027 elections are still years away—there is more than enough time to focus on governance, implement policies that will improve infrastructure, agriculture, education, and most importantly, security.”Let us be clear: the fight against banditry and insecurity is not a competition between politicians; it is a battle for the soul of our state and the future of our children.”We cannot afford to lose this fight. The people of Zamfara deserve a government that will protect them, create opportunities for growth and development, and uphold the principles of justice and democracy.”

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Presidential Tax Reform Committee adopts FCT for Tax harmonisation model

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Presidential Fiscal Policy and Tax Reform Committee says it will use the Federal Capital Territory (FCT) as a model in the implementation of harmonisation of taxes in the country.

The Chairman, Mr Taiwo Oyedele, disclosed this during a meeting on harmonisation of revenue administration in Abuja on Friday.

The meeting was organised by the FCT Internal Revenue Service (FCT-IRS) for the Area Council Chairmen of the FCT.

Oyedele explained that the harmonisation and simplification of taxes would not reduce revenue as some people erroneously perceived but would enhance revenue generation.

“Harmonisation and simplification of taxes, as well achieving equity and fairness in revenue administration are critical areas of reform for our committee,” he said.

He expressed support for the steps taken by the FCT-IRS towards harmonising taxes in the territory.

He advised the FCT and other states of the federation to discourage unorthodox means of collecting taxes, levies and fees, especially on the highway, roads and streets.

He described unorthodox means of revenue collection as embarrassing and unacceptable.

The chairman advocated the use of technology in the collection of revenue, adding that it has the capacity to eradicate tax evasion, leakages and improve transparency.

He urged stakeholders to work together to ensure the success of the tax harmonisation drive.

According to him, there must be a collective will to fight the challenge of multiple taxation in the country.

Oyedele noted that the FCT had all it takes to be number one in the ease of doing business in the country, adding that all hands must be on deck to ensure its success.

In his remarks, the acting Executive Chairman, FCT-IRS, Mr Michael Ango, commended the FCT area council chairmen for their commitment to the harmonisation project.

Ango said that their determination, willingness and support was critical to achieving full tax harmonisation in FCT.

He said that the FCT Minister, Mr Nyesom Wike, was committed to boosting internally generated revenue in the FCT to be able to provide infrastructure and social services to residents.

He noted that constant engagement with stakeholders in the harmonisation drive was important to ensure that all parties involved were on the same page.

The acting chairman pledged the FCT-IRS commitment to put in place a robust technology platform to ensure efficiency and transparency in revenue collection and administration.

On his part, Mr Ubokutom Nyah, Mandate Secretary, Economic Planning, Revenue Generation, and Public-Private Partnership, FCT Administration, reiterated Wike’s commitment to the harmonisation drive.

Nyah lauded FCT-IRS chairman for reviving the initiative and encouraged the area councils’ chairmen to fully support the project.

This, according to him, will ensure the success of the harmonisation of taxes in the FCT.

The Chairman, Kuje Area Council, Alhaji Abdullahi Sabo, who spoke on behalf of the councils’ chairmen, welcomed the selection of FCT as a model for tax harmonisation in the country.

Sabo pledged their support for the successful implementation of the project.

The chairman, who expressed confidence and trust in FCT-IRS capacity to collect revenues on behalf of the area councils, stressed the need for fairness and transparency in the distribution of revenue collected.

“We are happy that this is coming at a time when we have a committed and hardworking minister, who is determined to transform the FCT.

“In the last one year in office, things have changed for the better across the territory,” he said. (NAN)

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NAICOM Boss Decries Impact of Inflation on Insurance Industry

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The Commissioner For Insurance, Mr Olusegun Omosehin, on Friday decried the impact of inflation on the insurance industry.Omosehin, also the Chief Executive Officer(CEO), National Insurance Commission (NAICOM), raised the concern at the Insurance Meet Tech(IMT) 2024 conference held in Lagos.He said this had been a major concern for the insurance sector, adding that rising prices affect both insurers and policyholders.

The commissioner, represented by the Head, NAICOM Lagos Control Office, Mr Julius Odidi, noted that it could be difficult for insurance companies to operate profitably, especially if claims costs increase due to inflation.
“To mitigate this, insurers must carefully manage their investment portfolios, adapt pricing strategies, and maintain adequate reserves.
“It is critical to note that navigating the current macroeconomic realities successfully would be a natural precursor and building block for the revitalisation of theinsurance industry,” he said.Omosehin assured that NAICOM had prioritised prompt settlement of all genuine claims, fair treatment of policyholders and utmost transparency, as some of the ways to boost the insurance industry’s image and support economic growth.He noted that the commission resolved to give priority to settlement of genuine claims, as that was the fundamental reason of its existence as an industry.The commissioner stated that it was critical for insurers to embrace digitalisation.According to him, insurers must modernise their processes, enhance customer experiences through digitalchannels, and invest in technology to streamline operations.“Adapting to changing consumer behaviours and preferences is equally important, as offering online policy purchase, claims processing, and customer service can attract tech-savvy customers,” he said.(NAN)

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