BusinessDay 23 Aug 2018

More documents

Recommendations

Info

28 BUSINESS DAY C002D5556 Thursday 23 August 2018 industryfile NBA president visits Zamfara to discuss insecurity and banditry The President of the Nigerian Bar Association (NBA), Abubakar Balarabe Mahmoud SAN in company of some national officers of the Bar was in Gusau, Zamfara State over the weekend for a Town Hall meeting with stakeholders to address the state of insecurity and banditry in the State. The President and his entourage on arrival in Gusau, the state capital, paid a courtesy visit to the acting governor of the State, Mallam Ibrahim Wakkala Muhammed at his residence. In his remarks, the NBA president stated that the purpose of the visit was to express solidarity with the people and Government of Zamfara State who have suffered from high level banditry for a long time. He informed the Acting Governor that the Bar will engage leaders of communities in Zamfara State to seek a better understanding of what is happening and to explore avenues of ending the incessant violence. “We are an independent professional body, we are not politicians, we do not side with the politicians; we side with the constitution and the rule of law and the people of Nigeria. Our objective is to promote the rule of law; to promote peaceful coexistence; and to promote peace building and conflict resolution The Hague Institute for Innovation of Law (HiiL) is set to host the first ever Lagos Justice Innovating Conference which will see legal and justice sector experts, both within and outside Nigeria, discuss how the Nigerian justice system can be improved. Panel discussants at the conference will be legal and justice sector giants such as the Hon. Attorney-General and Commissioner of Justice for Lagos State - Mr. M. Adeniji Kazeem, Joe Odumakin - President, Women Arise for Change; Anthony Ojukwu - Executive Secretary, National Human Rights Commission (NHRC); James Peters - Vice President, New Market Initiatives, LegalZoom; Michel Deelen - Netherlands Deputy Ambassador, Laure Beaufils - British Deputy High Commissioner to Nigeria, Deputy Commissioner of Police, Lagos State Criminal Intelligence Investigation Department- Yetunde Longe, Lola Vivour Adeniyi – Coordinator, Lagos State Domestic and Sexual Violence Response Team (DSVRT) and more. Speaking on the significance of the event, HiiL’s CEO Sam President of the NBA, Abubakar Balarabe, Mahmoud SAN and Ag. Governor of Zamfara State, Malam Ibrahim Wakkala Muhammed across the country”. He added that the Nigerian Bar Association believes strongly in promoting the rule of law and particularly the practical enforcement of the tenets of the administration of criminal justice protocol; He said whoever needs to be blamed, the Bar Association will not shy in pointing those blame, and calling whoever is involved to order. He also used the opportunity to remind everybody, stakeholders, political leaders and all those in authority that mechanisms exist under domestic and international law to hold people accountable for their actions Muller said, “The data we will share at this event on Nigerian justice needs will be a gamechanger for anyone working on justice in this country. What makes it even better: the region’s best justice innovations are there too. This could be a historic moment of a new justice movement in Nigeria.” Sam Muller and Vice President His Excellency, Prof. Yemi Osinbajo SAN will give the opening remarks at the event while His Excellency Rotimi Akeredolu SAN, Governor of Ondo State will give the welcome address. Asides the panel discussions, other events lined up and bring those who are responsible for breakdown of law and order to justice. He further stated that the bar association is determined to contribute to search for lasting peace solution and good neighborliness in Zamfara State. In his remarks, the Acting Governor of Zamfara State; His Excellency Ibrahim Wakkala Muhammed thanked the NBA delegation for finding time to come to Zamfara. He expressed his optimism that the Town Hall meeting will afford the delegation the opportunity to have a better appreciation of the happenings in Zamfara State. HiiL to host first ever Lagos Justice Innovating Conference during the conference includes the release of the Justice Needs and Satisfaction Survey (JNS), a first of its kind, massive survey of the justice needs of the average Nigerian. Also, the best Nigerian justice innovators from the 2018 Innovating Justice Challenge will pitch their innovations for a chance to win 20,000 EUR in funding from the Hague Institute for Innovation of Law. HiiL (Hague Institute for Innovation of Law) is a research- and advisory institute for the justice sector and they are passionate about making justice work. BDLegalBusiness NBA-AGC 2018; Mailafia, Teriba, Akabueze to speak on economic reforms at SBL session L-R, Olumide Akpata,Chairman of the NBA-Section on Business Law, CNBC Africa presenter, Esther Ugbodaga , Dr. P. C. Ananaba, SAN, Chairman of the NBA - Section on Public Interest and Development Law (SPIDEL), and George Etomi, Chairman of the Technical Committee on Conference Planning (TCCP) after an interview at NBC on the forthcoming Annual General Conference. The conversation centred on the general theme of the Conference; “Transition, Transformation and Sustainable Institutions” and trickled through a myriad of sub-themes, including the theme of the SBL session. As preparations for the Annual General Conference (AGC) of the Nigerian Bar Association (NBA) reach top gear, the Section on Business Law (SBL) is set to address the topic of institutional reforms at a session expected to be highly engaging and moderated by Boason Omofaye, Head, Business News, Channels TV. The session which will hold on Wednesday, August 29, 2018 is themed, ‘Building The Institutions To Support Fiscal And Economic Reforms’ will feature a line-up of knowledgeable speakers and discussants which includes, Dr. Obadiah Mailafia, Former Deputy Governor, Central Bank of Nigeria, Ben Akabueze, Director General, Budget Office of the Federation, Dr. Ayo Teriba, Chief Executive Officer, Economic Associates, and Prof. Anthony Killa, Director, Centre For International Advanced and Professional Studies. Others are, Adetilewa Adebajo, Chief Executive Officer, The CFG Advisory, Dr. Joseph Abah, Country Director, DAI, Mrs. Toyin Bashir, Partner, Banwo & Ighodalo and Dr. George Nwangwu, managing partner, Ratio Consulting Limited CPC opens up on suit against multiChoice Continued from page 27 regulatory intervention in Multichoice operations, as the CPC had earlier in 2016 concluded a previous investigation and issued certain orders. However, despite the previous investigation and orders, consumer complaints did not abate; with complaints increasing in number and scope. Customer care related issues, which were subject of the previous investigation and orders, appeared to have become more incessant. According to the report by the CPC, a significant number of complaints characterized Multichoice’s cost, billing and attitude as exploitative and obnoxious, including alleging disparities and disparate treatment in cost and treatment of consumers in other countries where Multichoice operates. It was further to this, that the House of Representatives on account of incessant complaints from constituents, conducted a hearing, and resolved that the CPC intervene to address the myriad and persistent complaints, including, and identifying with specificity the question of arbitrary charges and disparate treatment of consumers in Nigeria compared with other locations, as well as the question of whether Multichoice was complicit in suppressing competition in Nigeria. Section 2(i) of the Consumer Protection Council Act (CPCA) mandates the Council to “provide redress to obnoxious practices or unscrupulous exploitation of consumers”. The Council, pursuant to its mandate, and statutorily available regulatory tools therefore opened its renewed investigation. The purpose of the renewed investigation was to evaluate compliance with the Council’s previous orders, and to address new complaints based on a combination of persistent complaints to the Council, and the resolution of the House of Representatives. The DG however disclosed that the CPC did not intend to regulate price, or in any way interfere with the commercial interface between Multichoice and its customers in fixing price. In its statement to the media, it stated, Essentially, Council recognizes and respects the fidelity in the operation of free market forces in arriving at prices for goods or services. The Council understands and appreciates that price is an acceptable determination of transparent and undistorted market operations. However, it is the law, that operators can by conduct, distort the market and, or otherwise compromise the integrity or transparency of the market, thereby questioning the reliability of the pricing methodology or mechanism. To be continued next week
Thursday 23 August 2018 C002D5556 BUSINESS DAY 29 GARDEN CITY BUSINESS DIGEST Shell’s ‘Health-in-Motion’ touches 600,000; excites Rivers community IGNATIUS CHUKWU & SABI ELEMBA A multinational oil giant, Shell Petroleum Development Company (SPDC) of Nigeria, last week enlivened the people of Obite community through flagging off of the Assa-Obite Pipeline Community Care Programme (A-CCP) called ‘Health-in- Motion” at Obite town hall in Ogba/Egbema/Ndoni/Emohua local government area (ONELGA) in Rivers State. The scheme is said to have so far touched over 600,000 beneficiaries in various communities. The programme is said to be the company’s recognition and demonstration that health is wealth and in respect of the Assa North–Ohaji South Community Pipeline Project which is on-going aimed at supplying gas to areas as projected by the oil giant. The flag-off ceremony was at Obite town hall and the following communities were the beneficiaries–Obite, Egita, Akopta, Ohiouga, Ikiri, and Egbeda. The Obite town hall was filled up with people and the medical personnel wearing “T- Shirts” with Shell’s inscription. They were seen attending to patients at designated corners Port Harcourt by Boat With IGNATIUS CHUKWU Osagie Okunbor, Shell Nigeria MD Consistency: Are pastors the most frustrated? CAN of old, before answering the call to be fisher of men and women. She is over 60 years and her children are fully educated and grown up. But why is she still frustrated most times? It is because the followers hardly remain on the line on the journey to heaven. They blow hot today and she is happy, next moment, they derail and face Hell’s Avenue. She shouts, goes on her knees, fires and fires prayers, and we come back. The problem is, we won’t stay straight for long and she is shouting again. She is not after your money, your wealth, your wonderful dresses, your good works (even if she encourages it), but she is mad when the parishioners do not focus on spiritual concerns and remain stable. Even, some do not know how to pray steadily. For Mummy Lara, any person that does not clock in at least one hour of prayers per day is not serious yet to fight his/her way to the Kingdom. Did Pa Enoch Adeboye (head of RCCG) not tell young men never to consider for marriage any lady that does not cultivate the act of praying for hours a day? Many may misconstrue this as interference or over-tasking but when one looks around these days to see how Satan eats up the destinies of young men and women; ruin their Obite pipeline is an integral part of the Assa North- Ohaji South development project which marks a major expansion Nigeria’s gas production and the project would support the Federal government’s National Gas Master Plan aspirations by developing the reservoirs in the Assa North/Ohaji South fields in Imo State. On the Shell’s Community Care programme which he said was introduced more than a decade ago in the Niger Delta and had since reached thou- Lara Joseph; flays inconsistency in life careers, ruin their marriages, their pregnancies, cause them misfortunes and frustrations, one would not know that the Enemy is now closer because Eternity is here. The Angels of war also seem close to help in the Last Battle that is at hand. If you think that the little girl by your side that sleeps around with tad boys is doing it on her own, then you are mistaken; if you think the cult boys and girls that hang around your street to snap up growing kids are there by mistake, then you are lost, if you think pastors children that commit atrocities in school love sin, then you miss the point; and if you think your child at school is safe or your spouse at work is safe from preying sex maniacs, think again. So, it was surprising last Sunday when Mummy Lara mounted the pulpit announcing ‘Consistency’ as her topic like a Western motivational speaker or human resource within the premises. Shell’s General Manager, External Relations, Igo Weli, who was represented by Chibuzo Ayim, External Relations Manager (Land) noted that the programme was organized by Shell in collaboration with the Ogba/Egbema/Ndoni and Emohua local government councils in liaison with the Rivers State ministry of health for the benefit of the six communities along the Assa-Obite pipeline right way. Weli stated that the Assasands of people across Nigeria with its free medical health component tagged “health in-motion”, he said that on the last eight years, over 600,000 persons had benefited from the programme and that their presence in Rivers State was part of a broader care agenda to their major stake holders in project communities. Weli reminded the people that health is the greatest gift and that good health is wealth, he asked them to humbly present themselves and their families for screening and also take advantage of the programme to access quality health care services from the SPDC team. As expected the people listed to Shell’s officials and were in high spirits to embrace the treatments which covered cardiovascular screen breast and cervical cancer care, dental and eye care, and treatment of minored chronic ailments. The chairman of ONELGA, Odili Ifeanyichukwu, who was represented by his Chief of Staff, Chijioke Ejebide commended Shell. According to him, “Shell is wearing a new face. Years ago, Shell had no good community relations but I debunk such against Shell. Health is wealth”, Odili said. He went on: “You have started on a good note, continue, and do not look down on our people. Whenever you need our support, we will give you to do your job in ONELGA”. The chairman went further to advise the six communities to cooperate with Shell. According to him; “ONELGA people are known for dialogue. Cooperate with them and with what I am seeing today, Shell will do well. Welcome Shell, if there is any problem, dialogue and the community development council (CDC) is there”. He went further to say that ONELGA is the only local council area in Rivers State that management expert. After defining her topic, she gave different reasons why people run the race of life in a very inconsistent pattern. She then declared that lack of consistency is or focus is the reason for most crashed careers, marriages, and spiritual lives. True! To her, instead of a Christian to search out a true church, settle there, do all that the Lord commands him/her to do according to the scriptures, and remain consistent in worship, fervently praying and waiting in faith for the Lord, they rather do things wrongly and begin to junket from ministry to ministry for miracles and deliverance. The frustration with pastors comes from the fact that they show people the laws of God, the followers believe it, but they choose to derail. This makes the man or woman of God highly frustrated because he/she knows that if the parishioners can keep steady and do what they were told, the result would be what was foretold. But, they won’t! They cause the failure, they blame the pastor. When you press them, they behave as if they were doing you a favour by obeying God. Even if you cast out demons, people say you must have acquired powers The most devastating cause of frustration is said to be when you do your best to put sense into your down-liners (followers) and they continue to act in very inconsistent ways; good today, terrible tomorrow. You want to take them to a desired destination, they agree it’s a good place to go, but you see them derailing like the Jews from Egypt. Is it true that pastors are the most affected leaders suffering this malady, frustration? This is the verdict of the fiery woman of God, Lara Joseph, who holds sway at the Redemption Hall Model (Area) headquarters of the RCCG in Elelenwo, Port Harcourt. Mummy Lara, as most followers call her, is a woman who worked in very high and responsible position in NAFhosts many multinational oil companies and that boasts of both gas and oil. The chairman repeated; “Shell, please treat our people well. If you do not treat our people well, we will resist, but ONELGA people are peaceloving people”. Ufuoma Ovwigho who represented the community health officer, Akinwumi Fajiola, advised Shell to involve the ONELGA health workers at any other time such programme would be done as the LG has a lot of medical officers. Meanwhile, in an interview, Florence Frank, one the beneficiaries of the free medical treatment, commended Shell and described the programme as “a good thing coming from Shell”. She stated that another oil company, Total, had done such a free medical scheme but said; “This one by Shell is a good one and I like it and I want God to protect them”. Also Onyechere Nwokocha, a pastor, thanked God for the free treatment organized by Shell as he said it has now recognized the community. He said; “They should continue to come and check if what they have done is yielding fruits”. Onyechere advised the free medical treatment beneficiaries to keep to the drug prescriptions to avoid any ugly consequences. from black sources; Beelzebub. Mummy Lara says true believers may fall and fall but they rise and rise. That is the way to fight off frustration that comes from doing something and not getting the desired results, she said. That is our own recommendation to her; she should not mind our constant failing, she should keep sowing into us, victory shall be hers, and ours. Nigeria is a good example of a country whose people are frustrated. The leaders claim we make them frustrated while the followers turn round to say the leaders make us frustrated. Inconsistency has truly dealt ugly wounds on our national life. Nothing goes straight, not elections, not order of elections, not the National Assembly rules, not succession rules, not the budgets, not the Excess Crude Account, not oil production quota, not roads, not job creation, not security policies, nothing. Admission cut off bars are never reliable; someone with 263 points would be stopped for lack of meeting national merit, another with 235 is heralded into same university. Inconsistency is Nigeria’s national bane. Somebody, please help heal our pastors. They are not alone on the queue of frustration. It’s well.
Page 1 and 2: usinessday market monitor Commoditi
Page 3 and 4: Thursday 23 August 2018 C002D5556 B
Page 5 and 6: Thursday 23 August 2018 BUSINESS DA
Page 11 and 12: Thursday 23 August 2018 COMMENT OLU
Page 13 and 14: Thursday 23 August 2018 Suspected k
Page 27: Thursday 23 August 2018 Interview C
Page 35 and 36: Politics Thursday 23 August 2018 Sa
Page 37 and 38: A2 BUSINESS DAY C002D5556 Thursday
Page 39 and 40: Thursday 23 August 2018 A4 BUSINESS

BusinessDay 23 Aug 2018

Create successful ePaper yourself

Delete template?

Save as template?