NEWS
NSTIF, BPE Collaborate on SMEs Growth
By Mike Odiakose, Abuja
Nigeria Social Insurance Trust Fund (NSITF) and the Bureau of Public Procurement (BPP) have announced a series of strategic initiatives to foster the growth and development of Small and Medium Enterprises (SMEs) across Nigeria.
This partnership was made known during a courtesy visit to BPP’s new Director General, Adebowale Adedokun, by NSITF’s Managing Director, Oluwaseun Faleye in Abuja.
The meeting underscored the commitment of both organizations to stimulate SMEs’ participation in open competitive bidding for contracts, thereby promoting transparency and inclusivity in public procurement processes.
Adedokun stated that the NSITF has a crucial role to play in the vision of the BPP to democratize access to public procurement opportunities for small businesses.
He also emphasized the importance of adjusting procurement policies to be more accommodating to SMEs, citing successful models being operated in Kenya, Tanzania, and Rwanda that support participation from diverse business owners including women and persons with disabilities.
He said the NSITF is a pivotal organization that can champion the adoption of open competitive bidding among stakeholders, adding that by promoting fair competition, small business owners can be empowered to participate, thereby increasing revenue and fostering trust among Nigerians in the system.
“Are there ways to do it through our processes? Are there waivers?
These are the things I want to put on the table, we are going to work on this together.
In response, NSITF Managing Director, Oluwaseun Faleye, highlighted the proactive measures already taken by NSITF to engage with stakeholders in the informal sector and enhance their participation in the economy.
“We are committed to implementing open competitive bidding by 2025 and are adjusting our processes to ensure SMEs can compete effectively for contracts,” said Faleye.
He also noted ongoing efforts to tailor compliance requirements for small businesses and extend social security nets across Nigeria.
Faleye further stated that the fund was currently developing a tiered contracting system, which will categorize contracts by size and reserve specific opportunities for small businesses in order to ensure their active participation.
“This inclusive approach will provide opportunities for businesses of all sizes, including large, medium, small enterprises, as well as specialized groups such as women-owned businesses.”
The two organizations also agreed on joint media campaigns to educate Nigerians on the benefits of the Employees’ Compensation Scheme and the transparency procurement initiative of the BPP while also pledging to support each other in areas such as Information and Communication Technology (ICT) security and manpower training.
This partnership marks a significant step towards creating a more inclusive and transparent procurement environment in Nigeria, enabling SMEs to contribute more significantly to national economic growth.
NEWS
NPERA Deepens Transparency, Accountability in Port Sector
By David Torough, Abuja
The Nigerian Ports Economic Regulatory Agency (NPERA), has reiterated its commitment to transparency, accountability and responsible management of public resources as it settles into its new role as Nigeria’s port economic regulator.
The Director-General/Chief Executive Officer of NPERA, Dr.
Akutah Pius, stated this when he received a delegation from the Civil Society Coalition for Transparency and Good Governance (CSCTGG), led by its Executive Director, Comr. Success Uko, on a courtesy visit to the Agency’s Abuja Liaison Office.Akutah said the Nigerian Shippers’ Council had transitioned into NPERA under the new legal and regulatory framework, positioning the Agency to provide stronger economic regulation of Nigeria’s port sector.
He assured the delegation that NPERA remained committed to responsible management of public funds in the discharge of its statutory responsibilities, as well as promoting regulatory practices that enhance confidence and efficiency in the maritime sector.
The DG/CEO said the Agency would give due consideration to the Coalition’s request for collaboration and take appropriate formal steps to explore areas of partnership that align with NPERA’s mandate.
Earlier, the Executive Director of CSCTGG, Comr. Success Uko, said the Coalition was seeking a working relationship with NPERA to promote transparency, accountability, public awareness, stakeholder participation and good governance in the maritime sector.
Uko described NPERA as a critical stakeholder in Nigeria’s transport and maritime sector, noting that effective regulation and access to accurate information were important to improving service delivery and strengthening public confidence.
He said the Coalition had developed initiatives focusing on transparency, accountability, good governance and community development, and sought NPERA’s support towards their implementation and wider impact.
According to him, the proposed collaboration would also promote greater awareness among shippers, importers, exporters, transport operators and other stakeholders about policies, procedures, rights and responsibilities within the maritime sector.
He assured NPERA of the Coalition’s readiness to support legitimate programmes and initiatives of the Agency that are consistent with its statutory mandate.
NEWS
2027: INEC Appeals for Peaceful Conduct, Promises Neutrality
The Independent National Electoral Commission (INEC) has appealed to political parties, candidates and voters to ensure peaceful conduct before, during and after the 2027 general election.
Resident Electoral Commissioner (REC) of INEC in Ondo State, Dr Mutiu Agboke, made the appeal at a major stakeholders meeting on Thursday at the commission’s offices at Akure South and North Local Government Area of the state.
Political parties, security agencies, traditional rulers, religious leaders, NYSC members, National Association of Transport Owners (NATO) and other drivers union, among others were present.
Agboke, who visited the traditional ruler of Iju and Ita-Ogbolu in Akure North Local Government Area, said the stakeholders meeting became necessary to ensure the forthcoming election was free, fair and credible.
According to him, credible elections are a collective responsibility and that security, traditional institutions and transport unions all play a critical role in protecting voters, officials and election materials.
The REC, who said INEC would remain neutral and transparent, warned that the commission would not tolerate partisan leaning, vote-buying, intimidation or any act capable of undermining the credibility of the poll.
“This advocacy is for the commission and our major stakeholders to be on the same page because our expectation is to let votes count.
“The recent elections conducted by INEC are enough proof to show that people’s votes determine the direction of who wins.
“Meanwhile, we don’t want them to engage in violence, nobody should allow him or herself or wards to be used for violence and desist from engaging in vote buying.
“It is only votes lawfully cast and duly counted would determine winners,” he said.
He, therefore, assured that INEC officials had been trained to adhere strictly to the Electoral Act and its guidelines, while the commission’s doors remained open for questions and clarifications to avoid misinformation.
Agboke reiterated INEC’s promise of neutrality, saying that preparations for the 2027 general elections had already begun in earnest.
According to the REC, the success recorded in recent by-elections in the state will be built upon to deliver free, fair and inclusive polls that reflect the will of the people.
In their separate responses, Oba Idowu Faborode, The Ogbolu of Ita-Ogbolu; Oba Amos Farukanmi, The Okiti of Iju and religious leaders, pledged to sensitise their subjects and congregations on non-violence.
Also, Dr Gbenga Jemiloye, Akure South Local Government Chairman of All Progressive Congress (APC), applauded the commission for the meeting, saying it showed INEC was ready for the election.
The security agencies and drivers union assured of adequate deployment across the state, while the transport unions committed to timely movement of personnel and materials.(NAN)
NEWS
DAILY ASSET Loses Political Editor, Mike Odiakose at 63
By David Torough, Abuja
The management and staff of DAILY ASSET have announced the death of the newspaper’s Political Editor, Mike Odiakose, who passed away in the early hours of Thursday at the Federal Medical Centre, Keffi, following a brief illness.
Odiakose, aged 63, was described by the management of DAILY ASSET as an accomplished journalist, who served with dedication across various media organisations in Nigeria before joining the newspaper two years ago.
In a statement personally signed by the Publisher and Editor-in-Chief of DAILY ASSET, Dr.
Cletus Akwaya, the newspaper expressed sadness over the death of the veteran journalist, saying he would be deeply missed by his colleagues and members of the wider media community.“Management and Staff of DAILY ASSET regret to announce the sudden passing of our Political Editor, Mr Mike Odiakose in the early hours of today (Yesterday), following a brief illness at the Federal Medical Centre Keffi,” the statement said.
The management noted that Odiakose’s contributions to journalism extended beyond DAILY ASSET, where he worked for two years, having previously served with dedication in several media organisations across the country.
He is survived by his wife and children.
The newspaper prayed for the peaceful repose of his soul and offered its condolences to his family, colleagues and associates.
“May his gentle soul rest in perfect peace. Amen,” the statement added.


