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Kwara State Government has earmarked a total sum of N2.5b for small and medium scale enterprises agency scheme to support groups, associations, clubs and cooperative societies.

The state governor, Dr Ahmed who disclosed this at Government House, Ilorin during a visit by members of Joint Tricycle Association of Kwara State (JOTAKWAS), said his administration’s initial capital of N250million for the Small and Medium Scale Enterprises has grown had grown to over N2.5billion.

Dr Abdulfatah Ahmed promised more support for SMEs with a pledge of more subsidised tricycles for transporters in the state as part of the administration’s effort at creating packages for organised associations “so that they can begin to meet their economic obligations to themselves and the state in the area of prompt payment of taxes to government.”

He also promised to support the association with take-off grant, a bus and an office secretariat with a view to seeing the association growing to become reliable, stronger and critical stakeholder in the state economic environment.

“We are going to workout on a clear need assessment to determine how many tricycles are required and begin to work on this. Hopefully we will begin to see a more focussed association, well structured, well organized with specific service rendering to the system,” he stated.

The Governor advised them to guide against infiltration by miscreants and criminals so that they will not be creating problem in the name of association for the state government stating the need to maintain law and order and pay their taxes regularly.

Earlier, chairman, JOTAKWAS, Duro Oyebade said restructuring of Tricycle Association by the state government has led to a reduction of violence and an improved revenue generation by the state government. Oyebade commended the governor for a purposeful leadership and efforts aimed at moving the state forward.

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Senate Passes Bill Seeking To Impose Death Penalty On Drug Traffickers

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The senate has approved the bill on third reading that would punish drug traffickers with the death penalty.

Following Tahir Monguno, the senator from Borno North, submitting a report on behalf of the joint committees on drugs and narcotics and the judiciary, the bill was passed by the upper legislative chamber on Thursday.

Monguno stated that the nation’s battle on drugs needs to be strengthened while he was presenting the report.

After the report was presented, the senate went into the “committee of the whole” to consider clauses of the bill where some senators disagreed with the death sentence.

When put to a voice vote, Barau Jibrin, deputy senate president, gave it to the “ayes”.

Thereafter, Adams Oshiomhole, a senator representing Edo north, said the senate should be careful with any law that deals with life.

“Anything that deals with life, we should be careful,” Oshiomhole said.

Responding, Jibrin said Oshiomhole should have called for a divide.

“I’m sorry my former national chairman… you should have called for a divide, it is your right, but we have passed it,” the deputy senate president said.

Also, Akpan Ekong, senator representing Akwa Ibom south, tried to come under “personal explanation” to disapprove of the provision, but Jibrin ruled him out of order.

The bill, which originated from the house of representatives, will be sent to the president for assent if there are no differences between the two chambers of the national assembly.

If there are differences, the two chambers will set up a conference committee to harmonise the grey areas before it is sent for assent.

In recent times, the National Drug Law Enforcement Agency (NDLEA) has been making substantial seizures of substances ranging from cannabis to opioids from suspected traffickers.

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BREAKING: Reps Suspend Implementation Of Cybersecurity Levy

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The House of Representatives on Thursday ordered the Central Bank of Nigeria (CBN) to stop enforcing the cybercrime levy in accordance with the terms of the cybercrime Act.

This came after the PDP Rivers Minority Leader Kingsley Chinda’s urgently important proposal was adopted.

According to Chinda, the Cybercrime Act’s section 44 (2a) identified the following entities as required to pay the fees: stock exchanges, insurance firms, banks and other financial institutions, GSM and telecom businesses, and Internet providers.

The lawmaker explained that the circular from the CBN has raised apprehension across Nigeria, stressing that it has given the impression that the levy is to be paid by Nigerians in an era when they are still battling with an increase in the price of petroleum products, among others.

The House subsequently asked the apex bank to withdraw its earlier circular on implementing the levy immediately and issue another circular in line with the provisions of the Act.

 

More to come…

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BIG STORY

Alleged Fraud: Court Grants Sirika, Daughter, Two Others N100m Bail Each

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A Federal High Court located in Abuja has granted N100 million in bail to Hadi Sirika, a former Minister of Aviation, along with two other individuals and his daughter.

They are on trial for allegedly defrauding the N2.7 billion. The court orders them to submit two further sureties, both of whom must have acquired properties in Abuja.

The court ruled that the sureties had to be law-abiding citizens as well. A means affidavit must be deposed to by the sureties.

The accused were also prohibited by the court from leaving the country without authorization.

Justice Oriji ordered that the defendants should be remanded in prison custody if they failed to meet their bail conditions.

The sureties must own landed properties within the FCT with valid titles. The trial will commence on the 10th, 11th and 20th of June.

 

More to come…

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