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Just In: Oyo govt. launches new park management system

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The Government of Oyo State, on Friday, launched a new Park Management System, PMS, declaring that the initiative would boost Internally Generated Revenue (IGR).

The state’s Commissioner for Public Works, Infrastructure and Transport, Professor Raphael Afonja, who stated this while addressing newsmen in the conference Hall of the Ministry, said that the management committees would be inaugurated on Monday.

According to him, the new PMS would include a team of Park Managers who will coordinate activities at the parks located in each of the 33 local governments as well as two disciplinary Committees to coordinate Motor Parks and Tippers/Lorries Parks.

A statement by the Chief Press Secretary to Governor Seyi Makinde, Mr. Taiwo Adisa, quoted the commissioner as saying that the development was borne out of the pressing need to ensure sanity in the management of the parks.

The commissioner said: “I am here to basically inform you of the recent development concerning the motor parks, garages, and quarries. We are all aware that recently, the state rolled out a plan to engage consultants that will be collecting revenue on behalf of the government, to increase our internally generated revenue in the state.

“The state also decided to appoint park managers across the state through all 33 local governments, and the goal is to have these people become the eyes of government and also to collect revenue on behalf of the state government, which will be remitted through the consultants and sent to the government coffers.”

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The commissioner further stated: “The government has decided to have park managers in place to collect revenue across the state on behalf of the government. This is totally different from the traditional union thing that has been going on before now and it is aimed at ensuring that appropriate people that can actually spearhead the collection of revenue are put in charge of revenue collection of the state.”

Prof. Afonja, however, declared that the ban on the activities of the National Union of Road Transport Workers (NURTW) still remained in force throughout the state.

He said: “Regarding the illegal collection of fees in the state at the motor parks and garages including quarries, moving forward, these park managers and those who have been appointed will be collecting funds on behalf of the government.

“That is why we need to have our eyes on the ground to make sure there is no extortion of passengers and that is why these people will be there to collect revenues on behalf of the state.”

He further stated that the state government has appointed consultants that would work with the park managers to ensure appropriate management of the Parks.

He said: “I have been meeting with the unions in the past two weeks. We will soon have an issue with the okada riders. One thing I told them was that the consultants will be collecting N200 from them per day.”

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The commissioner, however, dismissed, insinuations making the rounds in Ibadan that a leader of the NURTW, Mukaila Lamidi, aka Auxiliary, has been named as one of the park managers on behalf of the NURTW, stating that the 33 park managers to be named had no connection with the NURTW.

“Regarding the appointment of Mr. Mukaila aka Auxilliary, as one of the park managers, he is not. The list of all park managers in each local government will be unveiled by Monday. Every local government will have a park manager. However, we have what we call disciplinary committee, which will be a liaison between the state, security agencies and these parks. We will unveil our committee members on Monday after due and proper considerations.

“The goal is to make sure that we are informing the public to be aware of this new development. Let me repeat: any illegal collection of funds should stop. If anybody comes to you to collect any money, they should have a license from the state’s Ministry of Finance, apart from the Ministry of Works and Transport to show that they have been basically nominated to collect revenue on behalf of the government. That is the bottom-line.”

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.

In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.

“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.

He added, “I wish you many more years of God’s grace in your life.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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