NEWS
PEBEC Announces NEWSCompletion of 7th National Action Plan
The Presidential Enabling Business Environment Council (PEBEC) has announced its completion of the seventh National Action Plan, (NAP 7.0), by 50per cent. The Special Adviser to PEBEC Secretary, Dr Jumoke Oduwale, made this known in a statement made available to Journalists, in Abuja.
Oduwole stated that the NAP 7.
0 is aimed at implementing reforms for improved efficiency and transparency of Ministries, Departments and Agencies (MDAS). She said NAP 0. 7 was designed to reduce the challenges faced by micro, small and medium enterprises, MSMEs, “across four areas-Agro-Export Implementation Action Plan, Automation Reforms, Regulatory Reforms, and Executive Order 01/ReportGov NG compliance reforms.”The statement reads in part: “the Presidential Enabling Business Environment Council (PEBEC) has completed the Seventh National Action Plan (NAP 7.0), following the 30-day extension of the previous completion date of April 6, 2022 NAP 7.0 concluded with an overall completion rate of 50% and marks the end of the 30-day accelerated reform cycle targeted at implementing reforms for improved efficiency and transparency of Ministries, Departments and Agencies (MDAS).
“The PEBEC, at its meeting held in January 2022, had approved the commencement of NAP 7.0 to run from February 7, 2022 to April 7, 2022, with a target to deliver 57 reforms within the 60-day accelerator window.
Some of the participating MDAs include the Corporate Affairs Commission (CAC), Trademarks Registry (Federal Ministry of Industry, Trade and Investment).Citizens and Business Department (Ministry of Interior), Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN), Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigeria Agricultural Quarantine Service (NACS), and National Agency for Food and Drug Administration and Control (NAFDAC).
“The NAP 7.0 was designed to further reduce the challenges faced by micro, small and medium enterprises (MSMEs) across four areas-Agro-Export Implementation Action Plan, Automation Reforms, Regulatory Reforms, and Executive Order 01/ReportGov NG compliance reforms. The reforms include the streamlining and simplification of ago-export regulatory practices with a view to boosting the competitiveness of Nigeria’s agro-exports while enhancing Nigeria’s foreign exchange earnings as stated in the Agro-Export Plan.
“The completed reforms for the NAP 7.0 includes the publication of Insolvency Regulations pursuant to the Companies and Allied Matters Act (CAMA) 2020, providing the much-needed support for the operationalization of the extensive insolvency provisions in CAMA 2020. In addition, public companies will now able to upload their share registers on CAC’s Company Registration Portal (CRP).
“Furthermore, enforcement of compliance with Order 172 on timeline for distribution companies (Discos) to complete new connections for maximum demand users to the distribution grid has commenced. The reform will improve Discos turn-around time for connecting maximum demand users.
Likewise, the Trademark Registry has resolved previously recurring errors in the manual generation of certificates/recordal documents. “In her remarks on the extension, Dr Jumoke Oduwole, the PEBEC Secretary and Special Adviser to the President on Ease of Doing Business, while thanking the Head of Civil Service of the Federation, Dr Folasade Yemi-Esan, for her kind and timely support for the implementation of the reforms, stated that “the PEBEC Secretariat will continue to work with MDAs to deliver the outstanding reforms for the benefit of micro, small and medium scale enterprises and the Nigerian economy after NAP 7.0 window closes.”
The PEBEC is chaired by His Excellency, the Vice President, with the Honorable Minister of Industry. Trade and Investment as Vice Chair and consists of 13 Honorable Ministers, the Secretary to the Government of the Federation, the Head of Service and the Governor of the Central Bank of Nigeria.
The Nigeria Customs Service (NCS), Federal Operations Unit Zone C, says it intercepted contrabands with a Duty Paid Value (DPV) of N510.92 million between July 15th and September 15th, 2024.The zone covers the six states in the South-South geopolitical zone and the five states in the Southeast geopolitical zone.
This is contained in a statement signed by Jerry Attah, Public Relations Officer, NCS, Zone C, and made available to journalists on Wednesday. According to the statement, Comptroller Michael Ugbagu, NCS, Zone C, gave the statistics while showcasing the seized contraband to relevant regulatory agencies at the Government Warehouse in Edo.Ugbagu said that the zone also recovered the sum of N25.57 million from demand notices raised based on some infractions noticed, making a cumulative sum of N536.49 million recorded within the months under review.“The DPV was derived from our seized goods, which include 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without an NAFDAC number.“1,015 sacks of dry donkey meat and skin, 75 jumbo bales of second-hand clothing, 463 cartons of foreign spaghetti, 269 pieces of used pneumatic tires, and 56 cartons of smuggled foreign tomato paste.“More worrisome is the interception of 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without NAFDAC registration numbers.”He noted that the cough syrup with codeine and tramadol without NAFDAC registration numbers, if not intercepted, could have had adverse effects on youths.He added that the items were mostly intercepted along the Ewu-Okada/Benin expressways based on credible intelligence. (NAN)
The Forum of Stakeholders of the All Progressive Congress (APC) has decried the deplorable condition of some federal roads in Nigeria. Alhaji Saleh Zazzaga, the North-Central Chairman of the forum, said this in an interaction with newsmen on Wednesday in Jos. Zazzaga described some of the federal roads as ”death traps”, particularly those within the north-central region.
He said that some of the deplorable roads in the region include Jos-Akwanga, Makurdi-Oturkpo-Otukpa, Makurdi-Ankpa, and Jos-Saminaka. Other roads that needed urgent attention, he said, included Suleja-Minna, Ejule-Otukpa, Ganawuri-Manchok, Lokoja-Abuja, Lapai-Agaie-Bida, Birnin-Gwari-Bokani-Mokwa, Minna-Zungeru-Tegina-Kontagora. ”Currently, the north-central region has the most deplorable roads and highways in the country. ”These deplorable roads have brought severe hardship on the people and lost lives and property through preventable road traffic crashes. ”We call on President Bola Tinubu to intervene and ensure the rehabilitation of these roads because good roads are vital enablers of development,” he said. The chairman also called on governors of states within the region to reconstruct the dilapidated roads and seek refunds from the federal government. ”Though these are largely federal roads, they are located within states, and the beneficiaries are the people of these states. ”So we call on state governments to reconstruct these roads and seek refunds from the federal government,” he added. (NAN
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 160 pips to 7.087 against the dollar on Wednesday.This is according to the China Foreign Exchange Trade System.In China’s spot foreigners exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (Xinhua/NAN)
Customs Intercept Contraband Worth N510.92m in Two Conths
ShareThe Nigeria Customs Service (NCS), Federal Operations Unit Zone C, says it intercepted contrabands with a Duty Paid Value (DPV)...
APC Forum Decries Deplorable Condition of Federal Roads
ShareThe Forum of Stakeholders of the All Progressive Congress (APC) has decried the deplorable condition of some federal roads in...
Court Shifts Judgment in Suit Seeking Ganduje’s Sack Until Sept. 23
ShareA Federal High Court, Abuja, on Wednesday, shifted the judgment in a suit seeking the removal of Dr Abdullahi Ganduje...
Yuan Strengthens 7. 087 Against Dollar
ShareThe central parity rate of the Chinese currency renminbi, or the yuan, strengthened 160 pips to 7.087 against the dollar...
Edo 2024: NSCDC Deploys 6,433 Personnel
Share The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 6,433 operatives to provide security ahead of the Edo...
Ex-Gov Yahaya Bello Honours EFCC’s Invitation
ShareFormer Governor of Kogi, Alhaji Yahaya Bello has honoured the invitation of the Economic and Financial Crimes Commission (EFCC) over...
Enugu LG polls: 4,145 Security Personnel to Be Deployed – ENSIEC
ShareThe Enugu State Independent Electoral Commission (ENSIEC) has said that no fewer than 4,145 security personnel would be involved in...
NNPC Ltd/TotalEnergies’ $550m Ubeta Upstream Gas Project Begins Operation – Aide
Share The 550 million dollars upstream gas project between the Nigerian National Petroleum Company Limited (NNPC Ltd.) and TotalEnergies on...
Kwara LG Poll: Court Allows KWSIEC to Proceeds with Process
ShareFrom Samuel James, Ilorin On the restraining order regards the releasing of the National Voter Register to the Kwara State...
Barau Receives Kano Gov’s Top Aide to APC
ShareBy Eze Okechukwu, Abuja The Deputy President of the Senate, Barau Jibrin has received a top aide of the Kano...