NEWS
BIPC Director Laments Rolls Out New Projects To Enhance Revenue Generations
From Attah Ede, Makurdi
The Managing Director, Benue Investment and Property Company (BIPC), Limited, Dr. Raymond Asemakaha, on Tuesday, expressed dismay over the poor state of government owned industries and other properties, saying that the situation is drastically affecting the revenue generation of the State.
Dr.
Asemakaha who stated this at a press conference in Makurdi, stressed that the company had already entered discussion with Governor Hyacinth Alia led government to seen how the state owned moribund industries and other properties can be transfer to the company to ensure effective management of such facilities on behalf of the state.He further said that the company in collaboration with the state government has initiated projects that would stimulate the state economy and improve the GDP from 5.4 to 8 million dollars.
“We intend to consolidate the non-performing assets of the Company in Abuja and Kaduna to make sure that we revamp moribund industries in the state thereby creating employment and curtailing post-harvest losses.
“Therefore, BIPC is leading reforms that will make Benue state a delight to all investors..‘The Company under my watch will be service-driven as such we are creating a One-stop-shop where investors can get all the information, process, and amount needed to do business in the state.
“All the assets of the state will be registered and a special desk officer will be created to provide such information. We have launched the website, (www.bipc.be.gov.ng) to offer diverse information on how business can be done. BIPC will as from 1st of March 2024 go digital in all its operations. We have set up the structure for that transition and on that day all manual processes will be suspended for automated one. All these are being put in place so that we could have smooth ways of doing business in the state”,Dr. Asemekaha stated.
He disclosed that the State government, through the company, has perfected plans to set up a palm plantation in the three senatorial zones of the state.
Asemakaha who noted that palm oil is being imported into the country said because of the global economic crisis and the blocking of the Red Sea, it’s becoming increasingly difficult to get the product, adding that the state will soon launch Benue Palm Oil.
“We have concluded a plan to set up a palm plantation in each zone of the state so that in a few years to come, we will provide raw materials for the plant with surpluses exported.
“As such, I’ve therefore directed our real estate and investment department to commence work on 10 out of the 23 hectares of land the company has in Abinsi, Guma LGA area of the state, for the palm plantation project.”
The MD said the remaining 13 hectares of land at Abinsi would be used for a low-income earners’ Estate in the state.
“This too, I have directed the real estate department to work so we could have something for our people, even for those who earn as little as N500,000, our amortisation policy will permit such low-income earners’ to also have homes.”
He further disclosed that his management has enforced a recovery order for a property that was recovered back in 2019 but was not enforced, saying “we have commenced the process of turning the space of the 33-room property into a “Benue Water Factory” to become a player in the water industry.
He said as part of a short-term approach to expanding the businesses of the Company, management has also reintroduced the BIPC pastries.
“We’re optimistic that when we have this on board, we will expand the economy of the state and get more employment for the teeming youth of the state.”
Speaking on the Benue Local Investors Forum (BELIF2023) that was recently held, he said there positive outcomes.
“Our aspirations are that in the last quarter of this year, we shall organize the Beninvest 2024 Summit, where we shall usher in state economic prosperity similar to or more than that obtainable in Kaduna.
With the summit, our target will be to make Benue State the number one investment destination in Nigeria, thereby attracting both foreign and local investment” MD said.
NEWS
2027: ADC Urges ECOWAS to Insist on Credible Elections in Nigeria
The National Chairman of the African Democratic Congress (ADC), Sen. David Mark, has urged the Economic Community of West African States (ECOWAS) to insist on transparent and credible elections in Nigeria.
Mark made the call on Thursday in Abuja while receiving an ECOWAS delegation on a pre-election fact-finding mission ahead of the 2027 general elections.
The ADC leadership expressed concerns over the Independent National Electoral Commission’s (INEC) preparedness and commitment to conducting free, fair and credible elections during the meeting with the delegation.
Mark said Nigeria’s elections were critical to West Africa’s stability and would attract global attention, emphasising the need for stakeholders to work together to ensure credible electoral outcomes.
“This is why we must all work together to ensure we get it right. You have made us understand that your mission is pursuant to the ECOWAS Conflict Prevention Framework.
“We are quite happy with this. But the best way to prevent conflict, especially in relation to elections, is to ensure that it is free, fair and transparent,” he said.
Mark said the ADC was committed to peaceful conduct before, during and after the elections, urging ECOWAS to support efforts to ensure credible electoral processes.
“We in the ADC have committed ourselves to the highest standards of peaceful conduct before, during and after the elections. But we need ECOWAS to join us in insisting on a credible election now.
“We want the same thing: a peaceful and stable Nigeria and West Africa. This is why you must tell INEC that they must not do anything that could plunge Nigeria into a needless crisis.
“This must form part of your early warning signals,” he added.
The Head of Mission and former Vice-President of Sierra Leone, Victor Bockarie Foe, said the mission aimed to assess Nigeria’s preparedness for credible elections and the political atmosphere ahead of the polls.
Foe promised to convey the party’s concerns, alongside those of other stakeholders, to the regional body, emphasising Nigeria’s importance to peace and stability across West Africa.
Other members of the ECOWAS mission included Francess Piage Alghali, Commissioner for Political Affairs, Peace and Security; Julius Fofanah Sandy, representing the ECOWAS Permanent Representatives’ Committee; and Segrine Mamadou, Head of Electoral Assistance Division.
NEWS
Obi Promises Emergency Measures on Security, Corruption, Poverty
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has promised emergency measures to tackle insecurity, corruption, hunger and poverty, if elected.
Obi made the promise on Thursday during an interactive town hall meeting with a large crowd of supporters across party lines in Abakaliki.
The former Anambra governor said that Nigeria required purposeful leadership to achieve sustainable development, adding that he possessed the character, experience and capacity to lead the country.
He said that Nigeria had vast arable land and other resources that could transform its economy if properly harnessed.
According to him, the country must shift from consumption to production, particularly through agriculture and other productive sectors.
On the Federal Government’s borrowing, Obi said taking loans was not inherently wrong but became problematic when the funds were used for consumption rather than productive investments.
“It becomes wrong when the government borrows to buy a yacht, presidential plane and for consumption purposes,” he said.
He pledged that his administration would ensure transparency in public borrowing, insisting that Nigerians must know why loans were obtained and how the funds would be utilised.
On security, the presidential candidate promised to deploy modern technology and other effective measures to tackle insecurity and guarantee the safety of citizens across the country, irrespective of their locations.
Obi also vowed that anyone found guilty of corruption, including the President, would face prosecution and imprisonment in accordance with the law.
He said his vision was to build a Nigeria where citizens could achieve their aspirations through merit rather than personal connections.
“My dream is to see a Nigeria where the son of a nobody can become somebody without knowing anybody,” he added.
Obi, who expressed excitement over the turnout at the meeting, described himself as the most credible among the three leading presidential candidates.
He cited President Bola Tinubu of the All Progressives Congress (APC), former Vice-President Atiku Abubakar of the African Democratic Congress (ADC) and himself as the leading contenders.
He urged Nigerians to participate actively in the forthcoming election and protect their votes.
“You should vote for me because I am the most credible candidate among the leading candidates for the presidency,” he said.
Obi expressed optimism that Nigeria could achieve meaningful transformation under credible leadership, pledging to provide such leadership if elected. (NAN)
NEWS
Why I Chose Music over Football – Mr Eazi
Afrobeats star Mr Eazi has claimed that English club Chelsea FC wanted to sign him before they signed former Super Eagles captain John Obi Mikel.
Mr Eazi disclosed this during an interview on Wednesday.
The singer said both he and Mikel were linked to a possible move to Chelsea at the time, but he opted to pursue music instead.
“They were gonna sign me.
So, it was like Mikel Obi and me,” he stated.He explained that he thought Mikel was better suited to football, while he had a future in music.
“I just thought that Mikel Obi is not; he doesn’t have talent as a musician.
But I can do that. So I let Mikel go to Chelsea,” he said.Mr Eazi linked the decision to his philosophy in the music industry, where he sometimes steps back so others can shine.
“So with this, with the music too, I had to, like, step back, go make a couple billions and then let other people shine,” he added.
He also cited fellow singer Seyi Vibez, whom he jokingly called a great Nigerian philosopher, for popularising the phrase ‘Let your brother shine’, noting that he is comfortable allowing others to take the spotlight while focusing on his own goals.
Mikel eventually joined Chelsea in 2006 and spent 11 years at the club, winning two Premier League titles, four FA Cups and the UEFA Champions League in 2012.
Mr Eazi has since become one of Africa’s most successful music exports, with a career spanning Afrobeats hit, business ventures, and contributions to the genre’s global growth.


