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PDP Is Not Our Worry, Gov Okorocha Stresses

Gov Rochas Okorocha
Gov Rochas Okorocha

Imo state governor, Chief Rochas Okorocha has made it clear that leaders of the ruling All Progressives Congress (APC) are not bothered about what has become of the opposition Peoples Democratic Party (PDP).
“PDP is a non issue. We don’t even care about that. We defeated them when they were in power so what is different when we are now in power?”
Okorocha fielded questions from news men shortly after a meeting of APC Governors with Acting President Yemi Osinbajo at the Presidential Villa, Abuja.
He said that what they discussed at the meeting with the acting President was basically about the APC and “our government and how to move our party forward.
“We discussed a lot of issues on how to move the party forward; how to strengthen the party and how to make sure our party remains victorious in all elections.”
He said that soon, the party will hold its convention, adding that the fact that the convention had not taken place before now has has nothing to do with the absence of President Muhammadu Buhari or the Acting President.
“We are just putting our house in order and making sure things are in the right form before we kick off.[myad]

The Ravages Of Fire, By Sufuyan Ojeifo

“Fire is the test of gold; adversity, of strong men.” – Martha Graham

The title of this piece sounds profoundly hurtful, but that is the reality of our times.  Fire outbreaks have been on the rise in Nigeria in recent times and Nigerians have been largely shocked and traumatised by the increasing destructions that have, resultantly, been mercilessly unleashed on them, thus reinforcing the truism in a Latinate proverb that “Fire, water, and government know nothing of mercy.”

Fire, as a culprit in this instant practicality, like water though, does not know the colours of the skin.  It does not understand ethnic or tribal backgrounds.  It is religion-blind.  It plagues everybody, everywhere, if it is provoked.  The other day in Abuja, it failed to appreciate the sacrosanctity of the extension building of the House on the Rock Church.  It reared its ugly head there and turned a hitherto beautiful structure into a carcass.

Perhaps, the entire structure would have become a rubbish heap if not for the Federal Fire Service which moved in with a “miracle solution” that it deployed in putting out the fire.  I had it from a grapevine that the Fire Service sidestepped their old method of using water and foam and chose, instead, to use the new F-500 Encapsulator Agent (EA) that has been described as a revolutionary innovation in firefighting.

The agent, as understood, is a fire suppressant that works effectively to knockdown fire in the shortest possible time, sometimes, in a matter of seconds, depending on the volume of fire.  I also understand that it is currently the only fire suppressant agent that can encapsulate hydrocarbon vapours, rendering them non-flammable and non-ignitable.

Besides, it is said to have three unique features that make it superior to other agents: the ability to rapidly cool down the temperature of a fire in seconds, thereby providing permanent burn-back resistance; the ability to encapsulate the hydrocarbon molecules, rendering them non-flammable and non-ignitable; and, the ability to interrupt the free radical coalescence, thereby inhibiting the formation of toxic soot and smoke.

Recent media reports said that some ministries, agencies and departments (MDAs) such as the Federal Fire Service, Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Ministry of Interior, National Oil Spill Detection and Response Agency (NOSDRA), etc.,  have tested and certified the deployment and use of the product in their facilities.

These organisations should avail us with feedbacks of the performance of the products so that Nigerians can have the opportunity of choosing to or not to arm themselves with the product. This is not the time to stick with the status quo.  If the traditional products and firefighting methods have proved incapable of helping us to effectively combat the ravaging fires that have been doing the palongo dance in our domains, then we should paradigmatically shift to another attractive option, which the F-500 EA typifies.

We must all act prudently in combating fire incidents where we fail to prevent its outbreaks in towns and cities across the country.  We must slow down its ferocity at consuming lives and property, and leaving in its trails anguish and emptiness.  After all, life is more important than fire even though both are comparable and extinguish eventually.

Otto Weininger, an Austrian philosopher, corroborated this in his postulation, to wit: “Among the notable things about fire is that it also requires oxygen to burn – exactly like its enemy, life.  Thereby are life and flames so often compared.”  An American author, educator, and clergyman, Henry Jackson Vandyke, Jr., expounded further that “Man is the only creature that dares to light a fire and live with it.  The reason?  Because he alone has learned to put it out.”

How utilitarian have the various means of putting out fires been to us?  It is eternally painful that fire has been on a perpetual voyage of visitation, snatching from us our loved ones; and what have we been able to deploy to put them out?

On December 28, 2015, over 300 shops and other items worth millions of naira were reportedly razed by fire at the Sango plank market in Ibadan.  On December 29, 2016, midnight fire reportedly razed a section of the Gombe Old Market, consumed 48 shops as well as destroyed property worth millions of naira.

On January 7, this year, a midnight fire gutted part of the Nnewi Timber Market in Anambra State, destroying goods and machines worth billions of naira.  \Also, on January 8, a seven-storey building, known as Brazas Plaza, located at the Balogun market extension on Lagos Island, was gutted by fire, which destroyed multi-million naira goods, valuables, including cash.

While on February 16, this year, a night fire razed a filling station, 15 vehicles and some nearby buildings along the Upper New Market Road, Onitsha, and destroyed other property worth millions of naira; it was the turn of nine shops at the popular estate roundabout market in Warri, on February 19.

On April 11, this year, the administrative building of the Federal Airports Authority of Nigeria (FAAN) in Lagos was razed by fire.  And much recently, on July 15, property worth millions of naira was destroyed by fire which razed at least 35 shops at Ogunpa/Oke Bola area of Ibadan. On July 16, the fire incident at the LINC Oil and Gas’ tank farm in Calabar Free Trade Zone reportedly killed more than 30 persons.

The list is not exhaustive.  The human fatalities are benumbing. The material losses are staggering.  We cannot continue to watch the lives of our kith and kin cut short abruptly by ravaging fires.  Whereas, “when man invented fire”, according to Steven Moffat, Coupling/#4:‘Inferno’ (original airdate June 2, 2000), “he didn’t say, ‘Hey, let’s cook’.  He said, ‘Great, now we can see naked bottoms in the dark’.”

But the fire that Moffat immaterially describes in these celebrated lines has exceeded the circumscribed expectation of illuminating only naked bums; it is now consuming bums indiscriminately – both covered and naked – and almost overwhelming our sense of responsibility and sensitivity.  We must act to effectively and efficiently contain it by embracing innovative firefighting solutions.

Otherwise, we may be deuced as Tennessee Williams, an American playwright (1911-1983) surmised: “We all live in a house on fire, no fire department to call; no way out, just the upstairs window to look out of while the fire burns the house down with us trapped, locked in it.”   This, evidently, should be far away from our contemplation now that there are arrays of new firefighting innovative technologies from which to choose.  Did I hear you say: God forbid; we will not be trapped by raging fire? Then, we must commit ourselves to doing the right things.

Ojeifo, an Abuja-based journalist, contributed this piece via ojwonderngr@yahoo.com[myad]

I Sacked State University Union Because It Turned Into Opposition Political Party – Kogi Gov

Gov Yahaya Bello
Gov Yahaya Bello

Governor Yahaya Bello of Kogi State has said that he was forced to proscribe the Academic Staff Union of Universities (ASUU) in the Kogi State University (KSU) as part of the surgical operation that must be carried out to make educational sector in state healthy.
He stressed: “the way and manner ASUU Kogi State University Chapter was going about it, it is more or less like a political party that was in opposition.”
Governor Yahaya Bello, who spoke to news men at the Presidential Villa, Abuja shortly after the meeting of the governors on the platform of the All Progressives Congress (APC) with Acting President Yemi Osinbajo, regretted that Kogi State University ASUU refused to shift ground after the state government had met 90 percent of their demands.
Governor Yahaya suspected that certain forces from certain areas that have been pushing the leaders of the union, but that the concern of his government is that certain amount of demands that were put forward, among which is salaries, have been paid fully.
He stressed that as a government, “we will live up to our duties and responsibility so that even our lecturers and all other civil servants in Kogi state will be taken care of adequately and within the ambit of our resources.
He said that the most important thing is that Kogi state university belongs to Kogi state and it is the future of the children and of the students that must concern him as a leader, adding: “and so long as that is assured and we can protect that, I don’t think we have any apology for taking that decision.”
The governor said that after his government conducted the screening exercise of the entire staff in the state, the government was able to meet up to 90% of several demands which ASUU came up, saying that some of such demands pre-dated his administration.
“The institution (University), has been on strike for almost seven months now. Now, the question is government owed you seven months, government has paid you seven months among other demands.
“But there is one important thing that you are owing the critical stakeholders in education that you can never pay back, which is the time of the children; the time of our young ones. The time of the students that has been wasted that you can never give back.
“I appealed to them to return to classrooms on or before the end of this month and that we will pay all outstanding arrears. Every other institutions resumed but KSU ASUU refused to resume.
“But what is more amazing and disturbing is that in the course of interacting with them, in the presence of all stakeholders, including the Attah of Igala, the Acting Chairman (of ASUU) made a remark that even if we meet 100% demand of ASUU KSU or lecturers KSU, we only succeeded in minimizing the incidence of strike in the institution. He went further to expatiate that if every thing is running normal in the institution and the National body of ASUU desire to go on strike for whatever reason, Kogi KSU will join the strike action.
“And, I think that is most irresponsible and they are not sensitive to the plights of parents, the students and even the future of the young ones.
“If that is going to be the case, as the Visitor to that institution, I am  empowered to proscribe that association in that institution so that we can have smooth academic running.”[myad]

Senate Gives Legal Teeth To Whistle-blower Policy, Passes Bill On It

Senate-NigThe Senate has given a legal teeth to the Whistle-blower policy of the federal government, having passed a bill that seeks to encourage and facilitate the disclosures of improper conduct by public officers and public bodies.
The bill was presented by the Committee on Judiciary, Human Rights and Legal Matters, chaired by Senator David Umaru, a member representing Niger East in the 8th National Assembly.
The bill also seeks to ensure that persons who make disclosures and persons who may suffer reprisals in relation to such disclosures are protected under the law.
It specifies who is qualified to make disclosure of improper conduct; the procedure for making disclosures; and the protection due to the ‘whistleblowers.’
According to the newly passed Bill, a person who makes a disclosure shall not be subject to victimization by his or her employers or by fellow employees.
In addition, a person who makes a disclosure has the right to take legal action if he or she is victimised, dismissed, suspended, declared redundant, transferred against his or her will, harassed or intimidated in any manner.
Speaking on the passage of the nill, the Senate President, Dr Abubakar Bukola Saraki described it as a landmark piece of legislation.
“This is a promise kept. Today, we have passed a landmark piece of legislation to fight corruption and protect patriotic Nigerians who are fighting corruption.
“This Bill will protect the lives of those who risk themselves to expose corrupt practices in Nigeria.”
With the passage of this Bill, the Senate has concluded work on three anti-corruption Bills.
In May 2017, it passed the Mutual Assistance in Criminal Matters Bill, while in June 2017, it passed the Witness Protection Bill.
The Bill to establish Special Anti-Corruption Courts has been sent to the Constitution Amendment Committee. while the Proceeds of Crime Bill has been sent to the Senate Joint Committee on Anti-Corruption and Judiciary.[myad]

Chartered Insurance Institute Elects Funmi Babington-Ashaye President

Ashaye picThe Chartered Insurance Institute of Nigeria (CIIN) has elected Mrs. Funmi Babington-Ashaye as its 48th President. The new President, a former Managing Director of Cornerstone Insurance and NICON, is the sixth female president of the Institute.
A statement from the Institute said that the investiture of the new President comes up on Tuesday, July 25 at the Intercontinental Hotel, Victoria Island, Lagos.
The statement said that she is an accomplished practitioner and seasoned underwriter with over 30 years cognate experience in the insurance industry.
It said that Mrs. Babington-Ashaye started her insurance career with Royal Exchange Assurance Plc as an Insurance Superintendent in 1987 and later joined Cornerstone Insurance PLC as a pioneer staff in 1991.
It said that through dint of hardwork and exceptional performance, she rose through the ranks and became the MD/CEO of the company within fifteen years. In that capacity, she brought her wealth of experience and creativity to bear on the performance of the company, which easily became the reference point in the industry. Through her sterling leadership qualities, she grew the turnover of the company by over 80 percent within one year and also successfully recapitalised the company.
In appreciation of her invaluable wealth of experience, professional acumen and visionary leadership, she was appointed interim Managing Director of NICON Insurance PLC by the Federal Government to assist in re-engineering the company to a going concern status pending the resolution of the impasse between the insurance industry, the regulator (National Insurance Commission) and the core investor. At the end of her tenure, the FGN specially commended her performance and indeed, offered to retain her as the substantive MD/CEO but she politely declined.
She is described as winner of the Chartered Insurance Institute of London’s JC Lepine Prize Award and that she is a Fellow of the Chartered Insurance Institute, London and Nigeria. She is also a Fellow of Chartered Insurance Brokers and Institute of Directors, Nigeria.
Author of a book titled Insurance in Practice: All You Need to Know about Insurance in Nigeria, Mrs Babington-Ashaye is the Founder, Managing Director/Chief Executive Officer of Risk Analyst Insurance Brokers Limited.
The statement said that Mrs Babington-Ashaye promised to reposition the insurance industry during her tenure. “During my tenure, I plan to rededicate myself to the creation of the required awareness that would re-position Insurance through education and public enlightenment.”[myad]

As Publisher, Horatius Turns 50

birthday
Publisher of Frontiernews, an online newspaper, based in Abuja, celebrated his 50th birthday today, July 19. He posed for a photo shop with friends in the Federal Executive Council (FEC). From right: Femi Adesina, Special Adviser on media and publicity to President Muhammadu Buhari; Ibe Kachikwu, minister of State for Petroleum Resources; Dr. Chris Ngige, minister of labour and employment; the celebrant, Horatius Eguah; Alhaji Lai Mohammed, information minister and Zainab Shamsunna Ahmed, minister of State for Budget and National Planning cutting a birthday cake.[myad]

Nigeria Will Grow Out Of Importation Of Fuel By 2019 – Petroleum Minister

Minister of Petrolium, Ibe Kachikwu
Minister of Petroleum, Ibe Kachikwu

Minister of State for Petroleum Resources, Ibe Kachikwu has said that he had set a time-line to get Nigeria out of importation of fuel by the year 2019.
He said that by that time, the refineries will be fully working.
The minister, who fielded questions from news men shortly after the Federal Executive Council (FEC) meeting today, Wednesday, at the Presidential Villa, Abuja, said that a steering committee had already been put in place, with him heading it to drive the time-line.
According to Kachikwu, there is a technical committee team already set up headed by chief operating officer in NNPC, adding: “we have had series of meetings with individuals who are willing to put money into the refineries.
“I need to state this clearly: this is not a sale; this is not a concession, this is a financing scheme and there are over 30 people who have indicated interest in that financing.
“They are going to go through the usual due process mechanism to see who qualifies for that financing.
“What we have resolved however, which we have at least have a landing, is that each of the refineries would be repaired by the individual company that built the refinery.
“Who does the work is different from who does the finance of the work to be done. We are still dialoguing with who is going to get the financing opportunity but who is going to get the contracting opportunity to do the work is already decided.
“If you check the companies that built, I think is Chioda in the North and Saitem in Warri, if I’m not mistaken. I have forgotten the one in Port Harcourt but all of them have reached agreement with us in terms of willingness and readiness to do the work.” Kachikwu said that the government is not putting money into this arrangement which he said, is going to be sector led effort.
He said that the financiers are expected to recover their money through incremental volumes that will arise from the production increase, arising from the repairs.
“We are doing about 30 percent performances on most refineries now, so if you get them to above 90 percent template, we are going to use some of the product line to pay for some of the debts and free ourselves from the importation problems.”
The minister said that all the repairs of the refineries today do not cover all our consumption even as he said that the government is banking on the fact that some level of efficiency and upgrade will increase the refineries capacity. “We are banking on the fact that efficiency steps we are taking will reduce the consumption. We have gone from the 50 million liter per day when I resumed office down to today that is about 28 million liters per day.
“So, obviously, efficiency has wiped off smuggling; efficiency has reduced consumption and also whatever gains we made under the subsidy regime by taking the subsidy out has taken out. So if we are reducing the level of consumption and increasing the efficiency of the refineries, we are hoping that we will be able to exit importation completely.
“And this is not building in Dangote refinery that is 165,000 barrel cap on it, or the modular refineries we are looking at or the AGIP we are looking at.
“So I think we are finally on course and we are going to be very aggressive on target.”[myad]

NLC, TUC Are Yet To Send Representatives To Minimum Wage Committee – Labour Minister

Minister of Labour and employment, Chris Ngigi
Minister of Labour and employment, Chris Ngigi

Labour and Employment minister, Dr. Chris Ngige has said that the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) are yet to send their representatives to the recently constituted committee to work on proper minimum wage for the civil servants.
The minister, who briefed news men today on the outcome of deliberations at the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, named other groups that had not sent their representatives. As Nigeria Employers Consultative Assembly, Nigeria Employers Consultative Association (NECA),  Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture.(NACCIMA) as well as Small and Medium Scale Industry Association  (SMSIA).
The minimum wage committee was set up in May this year, with its secretariat domiciled at the National Council for Salaries and Wages Commission.
Dr. Ngige said that the committee had him, the minister of labour and employment as deputy chairman of the committee even as ministers of finance and that of budget and national planning as members.
“The only appointee which is being awaited now is the chairman and we have concluded the process for the nomination. We are waiting for the requisite approval.
“The labour centers that is NLC and TUC are yet to bring their nomination, that is on the workers side.
“These groups will give us  nominations so we are  waiting. Once these nominations are in place the president will now inaugurate the committee.”
The labour minister said that the labour laws are clear and that such laws seek to protect both the workers and the employers.
“You don’t sleep on your right. When you know what is there, that your worker cannot take you for granted provided you also conform to the law. You cannot lock them out and if you do, the law says you pay them for the period of lock out. They too cannot take the law into their hands and embark on strike without giving you the mandatory notice: due consideration and social dialogue with you internally, second level with the ministry of labour and employment and third level is the issue of giving you notice.”[myad]

I Jumped Fence Into Another Person’s Room, Drunken Man Confesses

Suspected kidnapper,
Suspected kidnapper, Idama Endurance

A 31 year old trader, Idama Endurance, accused of kidnapping a six-month old baby girl in Oshodi area of Lagos, has said that he was drunk from a party he attended, jumped over the fence of the compound into the room of the neighbour at 12.00 midnight, but that he did not kidnap the baby.
Idama Endurance from Obiakuruku area of Delta State was picked up by the operatives of the Lagos State Task Force for allegedly kidnapping the baby.
The Chairman of the Task Force, SP Olayinka Egbeyemi said that the suspect would have been lynched, if it were not the quick intervention of his men who were on duty.
Egbeyemi said that preliminary investigations conducted by the agency revealed that the suspect who lives in the same compound with the mother of the child, illegally entered the woman’s room at mid-night.
The chairman said that the suspect would be transferred to the State Criminal Investigations Department, Panti, Yaba, Lagos for further investigations on the directives of the Lagos State Commissioner of Police, Mr. Fatai Owoseni.
The mother of the alleged kidnapped baby, 29 year old Mrs. Banke Akinyemi, said that the suspect came into her room around mid-night while she was asleep and took her baby besides her.
She claimed that it was the cried of her baby that woke her up and that the suspect immediately dumped the baby and ran outside.
Akinyemi, who hailed from Ejigbo in Osun State said it was her mother who lives with her and other neighbours within the compound who quickly woke up and apprehended him.
“If not for the intervention of the operatives of the Lagos State Task Force who were on a mid-night patrol, the man would have been lynched.”
However, the alleged kidnapper admitted that he drunk from a birthday party which he attended the previous night and that when he got home at mid-night he had to scale the gate as he could not locate the gate key.
“It was after I jumped the gate that I entered into their room looking for a key to the gate as their door was not locked.
“Since I moved into the compound a year ago, I have been eyeing the mother of the child and when our landlady told me she was two months old pregnant then I immediately stayed off.”
Endurance, who claimed to be trading on ‘linen clothing’ materials at Kairo Market at Oshodi, confirmed that other neighbours within the compound and passers-by had started beating him and calling him ‘kidnapper’ before the arrival of the operatives of the Lagos State Task Force.
The landlady, Mrs. Johnson Esther said she was surprised when the matter was reported to her.
She claimed the activities of the suspect looked suspicious as he normally come home late and usually jumped the gate to enter the compound most times.[myad]

How To Resuscitate 2 Nigerian Sleeping Giants, By Prince E. O. Omadivi

Omadivi

My intention was to urge President Muhammadu Buhari when he was sworn in on May 29, 2015 to bring back two National Assets which were strategic to Nigeria as a nation but the president beat me to it when he announced the resuscitation of our national carrier: the Nigeria Airways.
I will not therefore delve much into that area. But it has to be noted that serious countries desiring to maintain internal and external security will not leave this area to all-comers.
My attention is therefore focused on National Insurance Corporation of Nigeria (NICON), a statutory Corporation set up in 1969 pursuant to the promulgation of the National Insurance decree No. 22 of 1969, later cited as National Insurance Corporation of Nigeria Act (cap.263) LFN 1990 with a loan of 2million pounds, which was repaid in 1971. The Corporation did not take any subvention or capital vote from Government. Rather, it relied solely on Premium Income and Investment from the public and private sectors of the economy.
Based on the UNCTAD report in 1969, it emphasized the need for a strong national company that would among other things, stop the outflow of foreign exchange and pool resources in a company that would be beneficial to the Federal Government.  In a foreword by the late maximum military leader Gen. Sani Abacha  to a book titled: NICON at 25, published in 1994, he stated among other things that “…NICON Insurance, founded in 1969, has grown into the biggest, most outstanding and most reliable Insurance Company in the country and possibly on the African continent, with a reputation based on service and performance.”
As a government company then, NICON assisted government to set up banks, hotels and real estate development. Worthy of mention are Niger Insurance  Plc, Inland Containers Ltd., NICON Hotels Ltd. (owners of the then  prestigious NICON NOGA Hilton Hotel), NICON Trustees  Ltd., National Properties Ltd. and Daily Times of Nigeria (this was held in trust by NICON for government).
In fact, NICON Insurance was instrumental to the smooth movement of seat of government from Lagos to Abuja with the NICON NOGA Hilton Hotel serving as safe haven to Civil Servants and others in 1991.
SALE OF THE INSURANCE GIANT
Whatever may have informed the sale of government assets including the strategic ones, can today be seen as a selfish arrangement. Cronies of government were given these assets for peanuts with allegations that some like NICON, were never paid for.
Although there is a school of thought which believes that government has no business in business, the privatization of NICON, whose midwife was Bureau of Public Enterprises (BPE) was equally questioned by good spirited Nigerians including the then Yahaya Kwande – led Board of the Company. They based their arguments on the fact that the government company was doing well especially in the areas of assisting the growth of the economy and serving as a huge employer of labour. The proponents also believed that what should have been privatized were the companies that were not doing well. Why, for example, was the Nigeria Railways not privatized? There is no doubt that Insurance is also about reinsurance and it was risky leaving the big assets of government in the hands of small private insurance companies whose asset base put together could not stand that of NICON before its sale All said and done, this hitherto insurance giant which had offices and other property dotted all over Nigeria, big asset base, office in UK and huge investments scattered all over the country, was ‘dashed’ to a core investor whose role in the sale was questionable. The Corporation’s foreign account in UK alone was almost sufficient to pay for the sale by the new investor.
The NICON of the ‘60s, which ended up in the hands of a controversial individual in 2006 is no longer playing the role it was initially set up to perform. Some people now see the once-upon-a-time Insurance giant as a ghost of its old self. And predictably, in a short while, the NICON plaza which represents the company in Abuja and Nigeria will be converted to an hotel.
People who had argued in the past that NICON Insurance was a monopoly did not quite appreciate the meaning of the word. NICON was not a monopoly, rather, a captive market of its owners, the Federal Government, just as the old Great Nigeria, Royal Exchange, Prestige and UNIC.
REVSITING THE SALE OF NICON
While I will not advocate a probe of all government assets “dashed out” as privatized, the case of NICON Insurance has become imperative. The probe should look at how BPE sold NICON without first repealing the act that set it up, the shady sale and more importantly, the balkanization of the Corporation through a dubious unbundling of its assets and the trapped 2.3billion naira staff pension fund in the coffers of the new investor. These and many more are well-known to BPE and their conspirators.
Resuscitating NICON may not necessarily mean giving the same name to the new company. Once the sale is revisited, the Federal Government should set in motion the establishment of another state Insurance Company. This becomes necessary where the old NICON cannot be returned to its original owners. There is not a serious country that will allow its strategic assets to remain unsecured. France and many other countries still maintain state Insurance Companies.
The pathetic plight of former NICON staff, who toiled to make the Corporation what it was pre-privatization, is yet another cup of tea for the Federal Government. They were paid off in 2006 and their entitlements, regarded as shortfalls, are yet to be paid after 11 years of Privatization. Some have died while those still alive and pensionable are not on monthly pension.
It is gladdening to note that the present government is working assiduously to ensure that pension arrears are settled once and for all. It is in this light that we commend PTAD for trying to remove the heap of rubbish left by the dubious BPE and do the needful. Some of the former BPE Chief Executives need to be brought to book for their roles in the shady sales of some government assets, including NICON Insurance. Time shall tell as we wait eagerly for the resuscitation of the two sleeping giants.

Prince Omadivi Emman, a PR & Advert consultant wrote from Abuja.[myad]

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