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My commitment to transport sector devt. birthed PMS in Oyo – Makinde

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Oyo State Governor, Engr. Seyi Makinde, on Thursday, declared that his commitment to ensuring the development of the transport sector was responsible for the introduction of the Park Management System (PMS) in the state.

Governor Makinde noted  that the realisation that the sector is the hub of economic engagements in the state meant that there must be an enabling environment for it to thrive.

The  governor maintained that the transport sector must be rid of  rancour and discord, adding  that his administration has been working hard to create a win-win situation for all stakeholders in the sector.

He also informed that the establishment of the PMS in the state has fostered a good relationship between the government and public drivers .

Governor Makinde stated these when he was represented by his Deputy Chief of Staff, Hon. Abdulmojeed Mogbonjubola, to declare open a  two-day specialised training workshop for drivers in both public and private sectors in the state, held at the Omolayole Hall, International Conference Centre, University of Ibadan.

The training was organised by the Oyo State Ministry of Establishment and Training, in collaboration with the Centre for Human Resources Development (CHRD), University of Ibadan, with the theme: “Social Responsibility, Team Building and Conflict Management in Oyo State Public Sector.”

According to the governor, the current administration in the state is committed to the wellbeing of the entire citizens and would do everything to restore peace and security, adding that all forms of violence and brigandage will be stamped out in the state.

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The governor said: “As a government that is committed to the wellbeing of the entire citizens of the state, I wish to emphasise that issues relating to security cannot be undermined.

“The transport sector, being the hub of economic engagements in the state, deserves an enabling environment devoid of rancour and discord.

“This training could not have come at a better time, as this could be regarded as part of the Corporate Social Responsibility, CSR, of the state government, which has always embraced peaceful resolution of disputes among the various union members.

“I wish to reaffirm that this government will give priority to all and sundry irrespective of religious and political affiliations. I have been assured that the training programme will provide an avenue for you to air your views and even grievances.

“My commitment to issues pertaining to the transport sector led to the establishment of the state’s Park Management System, PMS, which has greatly improved the hitherto frosty relationship between the government and drivers in the state.

“I restate my commitment to keeping your interest at heart,  while formulating policies in the transport sector. This commitment has influenced and continues to inform this administration’s resolve to restore peace and security to all the nooks and crannies of the state by stamping out all forms of violence and brigandage.

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“Security of lives and property was a serious challenge in Oyo state. In order to stem this unsavoury tide, this administration resolved to embrace dialogue and this training will equip participants with various ways of conflict resolutions and management”, he continued.

Speaking on the essence of the training, the Commissioner for Establishment and Training, Professor Dahud Sangodoyin, expressed optimism that the training workshop will help the drivers from both the public and private sector to synergise in the interest of peace and development.

He expressed concern on the attitudinal issues of drivers in both private and public sector, saying “there is a need to re-orientate ourselves and it calls for drastic change in our cultural values to engender good governance.

“The ministry’s decision to mount this training programme was as a result of the quest to create more informed minds among the road transport workers in the state, as well as drivers in the state public/civil service on social responsibility, team building and conflict management.

“Through the various topical issues to be discussed, our drivers in the state will be rebranded and contribute meaningfully to the development of the state.”

The Acting Vice-Chancellor of the University of Ibadan, Professor Babatunde Ekanola, in his goodwill message, thanked the government for providing the necessary environment for the premier university to perform its CSR to the people of the state.

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Participants at the workshop include drivers in the employ of the state government, members of the PMS, drivers in private transport companies operating in the state, private drivers among others.

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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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