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Diri urges Oando to Acquire Agip’s Liabilities

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Gov. Douye Diri of Bayelsa has urged Oando Energy Resources Nigeria Limited to accept the liabilities of it new acquisition, the Nigerian Agip Oil Company (NAOC).Diri said this would improve on the frosty relationship between NAOC and its host communities.The governor stated this on Friday during a courtesy visit of the management team of Oando Energy in Yenagoa.

Diri called on the Oando management to address issues of employment, contractual benefits, security of jobs and environmental pollution.
The governor charged multinational companies to stick to their corporate social responsibility in order to achieve harmonious working relationship with host communities.He also stated that indigenes that qualify to work in the oil firm should be considered for the lower ranks and the managerial positions.
“Let me congratulate you for being found worthy, having concluded the processes of acquiring all the assets of the Nigerian Agip Oil Company. But be reminded that you have not only acquired the assets. You have also acquired the liabilities.“Part of the reason for the frosty relationship between Bayelsa, the oil producing communities and the company that you have acquired were around employment, contractual benefits, security of jobs and others.“We, however, believe this is an opportunity for you to right the wrongs. You are a brand new company today. So, in terms of employment and contractual obligations. Let the people of Bayelsa be involved.“That way, there would be mutual respect, peace and smooth operations in this state,” he said.He promised Oando of the government’s collaboration, saying the state had a lot to gain from such peaceful oil activities.The Managing Director of Oando Energy Resources Nigeria Limited, Mr Ainojie Irune, said the visit was to formally introduce the management team that would be doing business in Bayelsa.He said the company value a mutual and beneficial partnership with the host communities, the state and its workers.Irune expressed the hope that the company would have a clean start with a view to building a healthy working relationship with the Bayelsa government.(NAN)

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Media, Important Ally in Anti-corruption Fight -EFCC Boss

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The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has stressed the need to collaborate with the Media and Civil society in the Fight against Corruption.

Okukoyede said this when the Managing Director of the News Agency of Nigeria (NAN), Ali Muhammed Ali, paid him a courtesy visit at the commissions, Headquarters in Abuja.

He described the media as an important ally in fighting and defeating the monster of corruption in the country.

He said that public enlightenment was one of the tools deployed in the fight against corruption, which he said could only be achieved using the media.

“We believe that concerning our mandate, we must have strong synergy with the media; the News Agency of Nigeria.

”It is extremely important because part of the factors we can deploy to really fight this war against corruption is public enlightenment, and the major stakeholders are the media people.

“Without you it will be extremely difficult to reach the grassroots and let the people know how endemic this problem is, and the need for us to all come together to collaborate.

”The job is not only for the law enforcement agency, it is for everybody,” he said.

According to him, there is nowhere in the world that anti-corruption agencies win the war against corruption without collaboration with the civil society and the media

”Because these are the people that will drum up from whatever you are doing and where there is sentiments, they are the people that will be able to balance things up,” he said.

Speaking on the effect of corruption in Nigeria and Africa in general, the EFCC boss said that corruption had a strong relationship with insecurity.

He said that security could only be achieved when the fight against corruption is won.

”As a matter of fact, if you can deal with the issue of corruption, the issue of insecurity will become an issue of the past. So we are going to collaborate with you,” he said.

Responding, the Managing Director of NAN stated that the visit to the EFCC was to intimate the Chairman on the agency’s plan to organize an international lecture on insecurity and the fight against corruption.

“We are coming to first intimate you on our plan to have the first international lecture organised by the agency.

”The agency, as part of its efforts to also contribute to the body of knowledge, has to go about having a resolution to this lingering crisis of insecurity in the country and beyond.

”We took it on a bigger scale. We are looking at insecurity in the Sahel, how it has affected Nigeria.

‘:We are dissecting the origin, the genesis, the impact and the options available to the country,” he said.

Speaking on insecurity and corruption, Ali identified a strong relationship between the two menace bedeviling the African region

He said that the EFCC, under the leadership of Olukoyede, had made significant strides in the anti-corruption fight over the years.

“We have seen the commendable job you’ve been doing in the last couple of months.

“We said let us go to the EFCC and intimate them and this is what is happening.

“We don not want to just have the Chairman as a mere invitee. The whole management came to intimate you about our plans,” the NAN MD said.(NAN)

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CBN Denies Re-Introducing Cyber Security Levy

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By Tony Obiechina, Abuja

The Central Bank of Nigeria has denied the re-introduction of the controversial cyber security level it abandoned in May after public outcry.The apex bank clarified this in a circular on Friday, made available on Friday. The apex bank said the clarification was necessary due to certain instances of misinterpretation or misrepresentation of its biennial publication on Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines published on September 17, 2024.

On May 6, 2024, the apex bank directed banks and other financial institutions to start deducting a cybersecurity levy.The levy was set at 0.5 per cent of all electronic transactions introduced under the newly enacted 2024 Cybercrime (Prohibition, Prevention, etc.
) Amendment Act.In the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines, the bank highlighted the levy which was widely reported.CBN said, “Some recent media publications referencing aspects of the Guidelines refer to policy positions of the Bank issued prior to 31st December 2023, which have changed in the light of revisions and updates in 2024.“One example is the Cyber Security Levy, which was suspended in May 2024, superseding the circular reported in the Guidelines.“Certain technical aspects of the Guidelines have been widely misreported and misrepresented. For example, reports have mistakenly sought to link the fuel subsidy removal to external reserves.”

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Borno: Why I Focus on Feeding 10,000 Flood Victims Daily – Imam

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The Mutawalle of Borno, Alhaji Kashim Imam, says he engages in feeding 10,000 victims of Maiduguri flood disaster daily based on the victims’ critical requirement for now.Imam in an interview while monitoring the feeding programme, said, he would sustain the feeding, which he scaled it up from 6,000 to 10,000 for the victims in camps to complement government’s efforts.

According to Imam, as the victims gradually move out of camps in few weeks, they will be supported with rice to start cooking for themselves as against the current practice of cooked food distribution.
He commended his family members and volunteers for the daily cooking and distributing food to flood victims in various camps.
“I want to particularly commend the military, who are not only actively engaged in search and rescue operations but also assist me in sharing the food to victims as well as ensuring orderliness and decorum during the exercise,” Imam said.The former Board Chairman of Tertiary Education Trust Fund (TETFund), also lauded the concern and response from government, organisations, philanthropists, and all other individuals to the people of Borno over the sudden incident that took people unaware.“Nobody was prepared for this, people were caught unaware in the middle of the night.“Many escaped with the only clothes they were wearing, with some trapped for more than a week.“As the flood recedes, many cannot even go back to their homes because there’s no home to go back to,” Imam lamented.A cross section of the victims benefitting from Imam’s gesture, expressed gratitude for the support and urged other leaders and well meaning Nigerians to emulate the good gesture in complementing government efforts at all levels.“The most pressing issue now is saving lives and stabilising the survivors through feeding and shelter.“We want to sincerely thank the Mutawalle of Borno, other philanthropists and organisations doing similar exercise in various camps.“May God Almighty bless them and continue to touch their lives with joy and happiness as they touched our lives at this moment of need,” Habiba Idris, a displaced woman with two children prayed. (NAN)

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