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PEBEC Lauds Senate over Ease of Doing Business Bill Second Reading

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The Secretary to the Presidential Enabling Business Environment Council (PEBEC), Dr Jumoke Oduwole, has expressed pleasure over the Business Facilitation (Miscellaneous Provision) Bill 2022, also known as the “Omnibus Bill” that passed second reading at the Senate on Wednesday.
Oduwole in a statement on Thursday, in Abuja said that the Bill was an intervention of PEBEC.


“It is aimed at consolidating and amending outdated legislative provisions towards removing bottlenecks for micro, small and medium enterprises,” she said.

According to her, the bill seeks to ensure the Sustainability of business climate and give statutory force to Executive Order 001 of 2017 on the promotion of Transparency and Efficiency in Business.

She had also at another forum explained that the Omnibus Bill was aimed at amending specific laws relating to ease of doing business which will then be made into single legislation to act as a catalyst for legislative reform of the Nigerian business climate.
According to her, the overall benefits of the Bill include ensuring efficiency in public service delivery in terms of time, cost, and procedure for doing business, improving transparency, removing outdated provisions from relevant laws, and providing incentives to encourage Micro, Small, and Medium Enterprises (MSMEs) participation in business.
While giving further highlights of the Bill, she explained that the codification of the Presidential Executive Order 001 (001) requires MDAs to publish licenses, permits, waivers, approvals, and other related information, among other things, in order to improve transparency and public access to information.
“Others are amendment of the Companies and Allied Matters Act (CAMA) 2020 with the recognition of electronic share certificates, electronic voting at annual general meetings, and other information is in tandem with technology best practices.
“The provisions of Nigeria Export Processing Zones Authority (NEPZA) Act and CAMA have been reconciled to recognize the exemption of free trade zone companies licensed by NEPZA from company registration.”
She stressed that the Bill also provided for ease in the procedure for increase in share capital by including the option for such decisions to be determined by a resolution of the Board of Directors, subject to the provisions in the articles of association of the company or by the company in general meeting.
The Federal Executive Council approved the bill on March 23, 2022, which was a culmination of four years of collaborative work by public and private sector stakeholders in the legal community.
It was anchored by the PEBEC through a sub-committee led by the Attorney General of the Federation.
It was implemented by a technical working group with the Federal Ministry of Justice legal drafting team and representatives from leading law firms and consultancy firms. (NAN)

Metro

Irrespective of Political Affiliation, Let us Build this Nation Together – First Lady

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 The first lady, Sen. Oluremi Tinubu has called on all politicians to support the current administration under the leadership of President Bola Tinubu to build the nation together irrespective of their political affiliation.

Mrs Tinubu made the call while addressing traditional rulers in Enugu state on Monday on the sideline of her visit for the distribution of Professional kits to Midwives in the state through her Renewed Hope Initiative (RHI).

She said the nation’s diversity and differences are a blessing that must be used positively to build a strong, safe and prosperous Nigeria.

The first lady described the traditional rulers as the eyes and ears of government at the grassroots and appealed to them to align with her vision to promote the health and wellbeing of their subjects.

She further urged the traditional rulers to support her advocacies against cervical cancer, tuberculosis, HIV/AIDS and Female Genital Mutilation.

“As leaders we are responsible to take care of all Nigerians, political affiliation notwithstanding.

“Nigeria is a beautiful country and no one should hinder anyone from visiting any part of the country to experience this. We pray our security will improve and Nigeria should get to that place of safety,” Mrs Tinubu said.

She highlighted some of the upcoming programmes of the RHI to include Flow with Confidence aimed at ensuring that no adolescent girl misses school because of her monthly flow.

Also, the Environment Club/Society is aimed at getting students in secondary schools and tertiary institutions to participate more actively in restoring the environment.

While applauding the synergy that exists between the Federal government and the state, the Chairman, Enugu State Traditional Rulers council, His Royal Highness Samuel Asadu said that unsafe cultural practices that hinder the growth of women have been eradicated in the state.

He commended the hard work and commitment of President Bola Tinubu and the dedication of Senator Oluremi Tinubu to make Nigeria better.

“For us here in Enugu, we the traditional rulers say, no vacancy in Aso Rock,” he said.

At the venue of the presentation of professional kits to the midwives in the South East Geopolitical Zone, the First Lady expressed satisfaction at concluding the distribution of the scrubs and crocs to the 6 geopolitical zones with Enugu concluding the exercise.

In his remarks, the Enugu State Governor Peter Mbah described Mrs Tinubu as the Florence Nightingale of this time owing to her responsiveness to the various pressing health issues.

He also commended President Tinubu by saying “his goodwill and love is appreciated. He is an epitome of courage and dedication.

Mbah further advised the beneficiaries to utilize the kits well.

The first lady to also used the opportunity to present a grant of N50m for onward distribution to 1000 women petty traders in the state under the RHI.(NAN)

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CRIME

LASTMA Apprehends Alleged Hit-and-Run Driver

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 The Lagos State Traffic Management Authority (LASTMA) has apprehended  a driver who allegedly attempted to run away after  causing an accident that resulted in the death of a pedestrian.

The General Manager of LASTMA, Mr Olalekan Bakare-Oki, said this in a statement on Sunday in Lagos.

The statement was signed by Mr Taofiq Adebayo, Director, Public Affairs and Enlightenment Department, LASTMA.

Bakare-Oki said that the lone accident involved a black Toyota Tundra with registration number FST 222 HV and occurred at the Mosalasi Roundabout on New Ipaja Road.

“Preliminary investigations indicate that the vehicle, speeding, veered uncontrollably off the carriageway, mounted the pedestrian walkway, and fatally struck a woman who died instantly from the impact.

“The momentum of the vehicle subsequently propelled it into a nearby private premises known to be engaged in the sale of livestock, where it inflicted significant structural damage to the perimeter fence and an adjoining advertising billboard.

“The driver, upon realising the gravity of the calamity he caused, made a frantic attempt to flee the scene.

“However, thanks to the prompt, coordinated and courageous intervention of officials from LASTMA. The suspect was swiftly apprehended and restrained,” he said.

He added tha LASTMA operatives handed the driver over to security personnel from the Gowon Estate Command, who were present at the scene of the incident.

“The remains of the deceased woman were respectfully relinquished to officers of the Nigeria Police Force for requisite procedures.

“Subsequent developments confirmed that the suspect has been taken into custody and is currently undergoing rigorous interrogation by police authorities as part of an ongoing and thorough investigation into the incident,” he said.

The LASTMA boss expressed sadness  over the loss of life and condoled with the bereaved family.

Bakare-Oki charged motorists  to subject their vehicles to routine safety checks, with particular emphasis on the integrity of braking systems.

He said that adherence to traffic regulations was not merely a legal obligation but a moral imperative to safeguard lives and property.

“The Lagos state traffic management authority remains steadfast in its commitment to enforcing traffic laws and promoting road safety culture throughout the state,” he said. (NAN)

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Metro

Eid-el-Kabir: Wike Assures Tight Security in FCT

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 Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has assured residents that security agencies are working around the clock to ensure the safety of lives and properties during the Eid-el-Kabir holidays and beyond.

Wike made the statement in his Eid-el-Kabir message to FCT residents in Abuja on Thursday.

He emphasized that the FCT Administration would continue to maintain close collaboration with security operatives to keep Abuja safe and secure.

“I am proud to say that Abuja remains the safest city in the country, and we are doing everything possible to keep it that way.

“As we gather with family and friends in celebration, let us not forget the less privileged among us.

“Let the spirit of Eid inspire us to share, uplift, and show kindness to those in need.

“As you join millions around the world to celebrate this sacred occasion, we are reminded of the profound values embodied in Eid-el-Kabir, sacrifice, obedience, and unwavering faith, as exemplified by Prophet Ibrahim,” he said.

The minister urged residents to reflect on the deeper meaning of submission to the will of Allah and to recommit themselves to compassion, generosity, and unity.

According to him, the celebration is not only a spiritual milestone but also a time to renew the collective commitment to peace, tolerance, and mutual respect.

He commended the Muslim community in the FCT for their enduring contributions to the growth and peaceful coexistence within the territory.

“Your values and sense of community are integral to our shared progress,” he added.

The minister also noted that President Bola Tinubu, through his “Renewed Hope Agenda,” had been working tirelessly to ease the burdens faced by the people.

He highlighted the commendable progress made by the FCT Administration in infrastructure development, security enhancement, and social welfare interventions.

“These efforts are all aimed at improving the quality of life for every resident of the FCT.

“We owe the rapid development of the FCT to the unwavering support President Tinubu has given to the FCTA.

“Therefore, I urge you to use this occasion to pray that the Almighty grants Tinubu good health and more guidance to lead the nation to greater heights.

“In the coming days, we will begin commissioning a plethora of completed projects across the territory in celebration of Tinubu’s second year in office.

“These are critical projects aimed at advancing healthcare, education, agriculture, transportation, and more sectors within the FCT.

“They stand as visible proof of our commitment to delivering tangible, impactful change and building a capital city that reflects the hopes and aspirations of all Nigerians,” he said. (NAN)

 

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