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Stop running NIGCOMSAT like social service organization, Senate tells DG

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Stop running NIGCOMSAT like social service organization, Senate tells DG

Co-chairman Senate committee of Finance and National Planning, Senator Solomon Adeola has cautioned the Director General of Nigerian Satellite communications (NIGCOMSAT), Abimbola Alele to desist from running the Limited liability company like social service outfit.
The charge came when the Director General told the Senate Committees in Finance and National Planning interrogating contributions of 60 Government owned Enterprises (GOE) to the 2021 -2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Alele who appeared before the committee to defend the proposed budget of NIGCOMSAT for the 2021 fiscal year said the agency has been unable to reach and surpass her revenue targets of about N2trn because they offer services to government agencies at no cost.
She submitted that in spite of the the challenges with raising revenue following the migration of clients to other service provider, the company focused on providing  broadband services to clients in rural communities for which it generated N1.19bn in 2019 but remitted N178 million.
The committee queried the expenditure of N1bn which the chairman said was too much am amount to spend especially when revenue generating agencies are expected to send 80 percent of such monies and expend 20 be per cent for their operations.
According to Adeola : “That N178 million is too small for the Consolidated Revenue Savings Account, about N800bn or minimum N700m should go to the CRSA account.”
He also said that all agencies of government have been allocated budgets for these services and should pay for the services rendered to them by Nigcomsat.
The accountant general who was part of the interrogation advised the Director General of Nigcomsat to evolve a strategy it can use to make recoveries of debt owed the NIGCOMSAT, a position shared by the accountant general of the federation.

According to Ahmed Idris said: “You are a mutual liability company and it is expected that you should be making profit; that is why it is a limited liability company.
“If you are rendering services for free to agencies that request for them they should be paying for those services. Even government organisations should pay.
“We make payment to Galaxy backbone for the service they offer to us at the office. You should draw up your strategy to recover your debts and to charge properly because you are in business.”

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Sahad Stores moves to invest in Bauchi, as Gov Muhammed welcomes initiative

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Sahad Stores moves to invest in Bauchi, as Gov Muhammed welcomes initiative

By Princess Rose Yusuf, Bauchi

The chief Executive Officer of Sahad Stores Alhaji Ibrahim Mijinyawa has promise to make Bauchi State a business destination with his plan to establish a department store in the State.
Mijinyawa spok when he was received in audience by the executive Governor of Bauchi State Alhaji Bala Muhammed.

The business mogul indicated that he is in Bauchi to bring business opportunities to the people of the State through construction of Sahad super market.

He said with his good relationship with Governor Bala, his company will support him to succeed in the sector of business development.

Receiving the business mogul at Council Chamber, Government House Bauchi. Governor Muhammed expressed gratitude to him for planning to construct a modern market in Bauchi.

Governor Bala with the development, promised to allocate a land for the immediate commencement of the construction exercise of the super market.

He said the super market when established in the state, will go along way in improving business and trade activities in the state for economic development.

Governor Muhammed thanked the CEO of the super market for his support to Nigerians through providing affordable goods and services.

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Gov Sule seeks support from FG to boost agric sector

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Gov Sule seeks support from FG to boost agric sector

From Daniel Abel, Lafia

Nasarawa State Governor, Abdullahi Sule, has sought further collaboration and support from the Federal Ministry of Agriculture and Rural Development to boost agricultural activities and rural roads development.

Sule made the call when he paid a thank-you visit to the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, in Abuja, yesterday.

The Governor pointed out that Nasarawa State being an agricultural state, requires the support of the ministry to attain its potential of adding value to the agricultural sector of the country’s economy.

In his appeal, Sule called on the ministry to include Nasarawa State in the Rural Agricultural and Marketing project (RAAM), given its proximity to the Federal Capital Territory and the high number of agricultural activities the minister has indicated interest during his two-day working visit to the state.

The Governor equally solicited the support of the ministry in the area of critical infrastructure like rural roads and water supply.

He specifically reminded the minister of his earlier promise to consider the Doma/Rukubi, Azara/Gindin Asha, as well as the rehabilitation of the Awe/Tunga rural road.

Sule also identified the Lafia/Kilema/Rice Mill internal road, the borehole facilities at the rice mill and cassava processing plant.

“You have seen that Nasarawa State is truly an agricultural state and if properly giving the support, Nasarawa will add value to the agricultural sector of Nigeria,” the Governor said.

He showed appreciation to the minister for taking time out of his tight schedule to pay a two-day working visit to the state, during which he made some promises, with the Governor returning the visit as a follow-up.

Responding, the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, said Nasarawa State is key to agricultural development in the country and that with its enormous potentials, the state holds a future for a strong agricultural relationship in the industrial sector.

Alhaji Nanono gave the Dangote Sugar plantation as a testimony of the great potential Nasarawa State holds in especially large scale allied industries.

According to the minister, when fully operational, the Dangote Sugar refinery has capacity to employ 30, 000 people.

“I see that Nasarawa State will be lifted from a rural to a major industrial state. The business acumen that you put into your governance will attract people to the state to invest,” the Minister said.

Alhaji Nanono assured that his ministry will give Nasarawa State support in some rural roads, as well as influence major agricultural undertakings to the state.

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Nationaldaddi Committed To Helping Nigerians Get Affordable Lands, Houses

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Nationaldaddi Committed To Helping Nigerians Get Affordable Lands, Houses

**Floats Estate

A Nigerian young businesses mogul, Ike Bishop Okoronkwo has said that he is committed to helping Nigerians to get lands and houses of their own.

Okoronkwo, who is popularly known as NationalDaddi, has floated his own estate to achieve this commitment.

The estate known as Bishop Court Estate is situated in the city of Abuja and Lagos.

Addressing newsmen in Abuja, Okoronkwo said, “I am committed to helping many Nigerians to get lands and houses of their own.”

He also restated his commitment to help other young Nigerians to grow in entrepreneurship and creativity, adding that his aim of going into different businesses, is to help build Nigeria and its people.

According to his profile, “Nationaldaddi as his popularly known on social media is a man of different parts. He was one of the young Nigerians who won President Jonathan youwin program in 2012 and since then have ventured into so many businesses including IT, entertainment, hospitality, content creation, degital trading and recently real estate.

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