NEWS
Diri urges Oando to Acquire Agip’s Liabilities

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)NEWS
June 12: Tinubu, an Indisputable Beacon of Democracy – Rep. Onuigbo

Mr Sam Onuigbo, former House of Representatives member for Ikwuano/Umuahia South/North, says President Bola Tinubu remains an indisputable beacon of Nigeria’s democracy.
Onuigbo said this in an interview in Abuja on Tuesday, ahead of Nigeria’s commemoration of Democracy Day, slated for June 12.
He saluted President Tinubu’s bold and patriotic sacrifices during the days of National Democratic Coalition (NADECO), in the fight for democratic governance.
“Tinubu is an indisputable beacon of democracy. He joined NADECO in making sacrifices for Nigeria to restore democracy.
“In 1999, he was elected governor of Lagos State and he brought hope and transformation through democratic leadership and positioned the state as a mega city in the whole world,” he said.
The ex-rep, who is also member, representing South East in the North East Development Commission (NEDC), lauded Tinubu for sustaining Nigeria’s democracy.
According him, Tinubu sustained efforts in building blocks to build democratic platforms that benefitted other states of the nation.
Onuigbo said that Tinubu’s role in entrenching democratic tenets remained unequaled.
He commended Tinubu for working tirelessly to enthrone successive democratic governments not just at the state levels but at the Federal level.
“This is a man who worked for the emergence of President Muhammadu Buhari and some state governors and patiently waited till 2023 to ascend the presidency.”
Onuigbo, therefore, urged the southeast in particular, and Nigerians at large to ensure continuity by re-electing Tinubu , come 2027.
He expressed satisfaction with Tinubu’s economic reforms, saying they were hinged on enduring and long term effects.
Onuigbo, who reiterated the need for Tinubu’s re-election, said it was necessary for him to continue his good works.
He explained that removal of fuel subsidy is now yielding results with increased revenue being injected into the economy.
Onuigbo, particularly, expressed gratitude to Tinubu for creating the South East Development Commission (SEDC) aimed at addressing devastations of the civil war.
He described SEDC as a panacea to age long marginalisation of the southeast since after the civil war.
The lawmaker, however, advised the leadership of SEDC to judiciously manage their resources to develop the zone.
He said: “There is need to reposition our agriculture, need for integrated railway line for the entire southeast to boost commercial and entrepreneurial activities.” (NAN)
NEWS
ACCI Reiterates Commitment to Partnering FG, Stakeholders to Support SMEs Partnership

The Abuja Chamber of Commerce and Industry (ACCI) has reaffirmed its commitment to partnering with government and other relevant stakeholders to refine policies that support Small and Medium Enterprises (SMEs).Mr Agabaidu Jideani, Director-General of the ACCI disclosed this in an interview in Abuja on Monday.
Jideani said that the collaboration would enhance the SMEs by providing financial support through loans or grants, adding that such efforts can help them overcome financial challenges. He said that the partnership would expand businesses, thereby helping in refining policies that could support economic growth.“Abuja remains a vibrant hub and the ACCI is committed to partnering with the government to refine policies, support SMEs and drive inclusive growth.“Supporting the SMEs will help them expand into new markets and offer them valuable expertise and guidance to improve their operations.“By partnering with government and other relevant stakeholders, business can help refine policies that support economic growth, innovation and development,”he said.Jideani said that the partnership would also ensure that policies were practical, effective and beneficial to all stakeholders.Jideani said that the ACCI had strengthened its advocacy initiative driven by the chambers’ National Policy and Advocacy Centre (NPAC) through strategic partnership with various local and international organisations.He listed the organisations to include European Union, (EU) United Nations Development Programmes (UNDP), Small and Medium Enterprise Development Agency (SMEDAN), and the Ministry of Industry, Trade and Investments.He said that the partnership had advanced data protection and creative industry growth, thereby, safeguarding sensitive information from unauthorised access, and expanding and developing industries that focus on creative expression, innovation, and intellectual property.The director-general said that the chamber”s focus on SME insurance and gender-inclusive policies underscores it’s commitment to ensuring strong development.He said that the “SME Insurance” was insurance products and services designed specifically SMEs.“These insurance policies help SMEs to manage various risks, such as insurance coverage for losses due to business disruptions and protection against claims for damages or injuries,” he said.While assessing President Bola Tinubu’s two years administration on government policies and their impact on businesses and economic growth, Jideani said that the administration pursued ambitious reforms with positive intentions.He said that the administration, anchored on the “Renewed Hope” agenda, had addressed structural inefficiencies, boost private sector growth, and positioned Nigeria as a competitive economy.According to him, the policies have, however, produced mixed results, with notable achievements tempered by significant implementation challenges.“The administration’s policies have been driven by a commitment to fiscal discipline, market liberalisation, and infrastructure development. The reforms have delivered measurable gains,” he said. (NAN)NEWS
NAF Airstrikes Destroy Terrorists’ Enclaves in Lake Chad, Eliminate Scores

The Nigerian Air Force (NAF) says the Air Component of Operation Hadin Kai (OPHK), has destroyed major terrorist enclave used as a training ground, in Bukar Meram, on the southern flank of the Lake Chad region, Borno.This is contained in a statement by the Director, Public Relations and Information, NAF, Air Commodore Ehimen Ejodame, on Monday in Abuja.
Ejodame said the operation was conducted on Monday, following credible intelligence on the plan by the terrorists to attack Marte and Monguno communities. According to him, the airstrikes resulted in the neutralisation of several terrorists as well as the destruction of key logistics infrastructure, including supply vehicles, weapons storage sites, and makeshift shelters.“Battle Damage Assessment confirmed that the strike effectively disrupted imminent threats posed to the communities of Marte and Monguno, reinforcing NAF’s proactive posture in safeguarding civilian populations and critical territories.“The NAF remains resolute in its mandate to protect the sovereignty of the nation and ensure lasting peace and security across the Northeast and beyond,” he said. (NAN)