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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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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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