Sense and nonsense : Thesis on governance in Nigeria

By Owei Lakemfa.

A trite is that there is nothing new under the sun. However, governance in Nigeria demonstrates that a lot of things can be new under the sun. For instance, there were widespread announcements mainly in the ubiquitous social media that 77-year old President Muhammadu Buhari was getting married to newly appointed Minister. I am sure we all knew it was a joke because it is no joke running a complex country like Nigeria. So, adding another woman to a matrimonial home with a strong matriarch can be quite combustible.

As I wondered if there are people who can beat these Nigerian fakers, a video surfaced of a lady purported to be the wife of President Buhari and First Lady of the Federal Republic of Nigeria, Mrs. Aisha Buhari shouting and creating a scene allegedly in the Presidential Villa. I laughed heartily at such imaginative video following on the steps of the fake wedding. But I was shocked when this proved authentic. It confirms my thesis that there are new things under the sun, at least in Nigeria.
I felt quite sad that a lady, claiming to be Fatimah Daura would release a video that presents the First Lady of a country in unflattering light and claim to be justified. In the process, Fatimah unwittingly, portrayed her family as homeless persons that must be accommodated as if the Presidential Villa is an Internally Displaced Peoples’ camp.

Read also: Nigeria May Be Headed For A Trade War With Its Neighbours As Ghana Traders’ Union Calls For Boycott of Nigerian Products

My thesis is that domestic policy, feeds foreign policy; that the domestic situation in the Presidential Villa could prevent the President from running a clear-headed foreign policy as reflects in the current closure of our land borders.

Thirty five years ago, then General Muhammadu Buhari as Military Head of State, in January and April, 1984, shut our land borders with Benin Republic. During the closure, I visited a friend teaching not far from the border. A mutual friend ordered for drinks to welcome me. At a point I noted that the drinks were taking too long. The latter apologized and said it was taking that long because it was cheaper in Benin Republic. Astonished, I asked if he sent for the drinks from the neigbouring country. He affirmed he did. I asked how it was possible when our borders were shut. He laughed heartily and asked rhetorically, “Which borders?” He said if I want, he could help me wheel a three-storey building across the shut border.

I recall that statement in realization of the fact that as at today, we have over 1,000 illegal crossing routes on our borders, not counting those with homes and property straddling our country and neigbouring countries. If such a move 35 years ago, did not yield positive results, why do we think repeating it now will? Of course there are those who claim the closure is effective as there are over 1,000 trucks lined up on the Benin Republic border waiting to cross into Nigeria. I do not understand the logic; these are trucks intending to pass through the official Seme, Owode and Idiroko crossing points and are therefore ready to declare their goods and pay custom. They are not those intending to go through the illegal crossings. Simple logic dictates that what we need to do is not deny them entry, but screen them, confiscate banned or illegal goods and impose appropriate charges on the rest.

Read also: New Performance Based Grant And Output Based Fund (OBF) Launched For Renewable Energy Investors In Nigeria

If the economies of our neigbours are so dependent on Nigeria, does it make sense to shut our borders against them rather than take advantage of their dependency?
The Comptroller-General of Customs, Col Hameed Ali (Rtd) who heads a revenue collecting agency, holds himself out as the leader of what is essentially a security operation at our borders and who acts as if in a Nollywood film, justified the myopic policy on the basis that customs has been making more money since the closure began on August 21.

However, common sense dictates that Nigerians cannot but be the net losers in this badly scripted drama. The Economic Community of West African States (ECOWAS) says the total trade of the region averages $208.1 billion with Nigeria accounting for 76 percent of total trade followed by Ghana, 9.2 percent and Côte d’Ivoire, 8.64 percent; so in closing the borders, Nigerians are the net losers.
Colonel Ali says: “We are strategizing on how best the goods can be handled when we eventually get to the point where this operation will relax for the influx of goods.” The question is, do you think first before closing the borders, or you first close the borders then start thinking or “strategizing” on what should be done?

Our leaders claim the borders were closed because of smuggling. How can we rely on our neigbours to check smuggling into our country? Why would they deploy their resources including immigration and security to check smuggling into Nigeria when that is our primary responsibility?

If we claim our petroleum products are smuggled to neigbouring countries where they are sold at far higher prices, does common sense not dictate that we take advantage of such a situation by running fuel stations in such countries?
If we claim arms are being smuggled in, why don’t we use the scanning machines installed in a place like Seme rather than searching vehicles manually and causing unnecessary delays?
As for drug smuggling, a sure way of detecting them all over the world, is the use of canines. But has any Nigerian seen our National Drug Law Enforcement Agency (NDLEA) using canines whether at our airports, borders or seaports? Even on the road, all you see are NDLEA operatives fretting with guns and manually checking vehicles. Is there something wrong with our decision makers?
As for rice smuggling, if it is true that we are self-sufficient in rice production, why have our local farmers not used this opportunity to flood the markets? The fact that with the closure, the average price of a bag of rice has increased from N15,000 to N24,000 is an indication of the difference between reality and the propaganda that we are self-sufficient in rice production.

Read also: Nigerian e-Health Startup Doctoora Secures $14,000 At NESG Pitch Event

It is sad that we are endangering the people-to-people relationship that has existed from pre-colonial times; that we are rubbishing the ECOWAS protocols on free trade and endangering the regional and continental economic integration our fore fathers fought so hard for. We should not assume that our brothers and sisters in the region are incapable of retaliating. Even if they do not shut their borders, they can restrict our goods or traders as Ghana has strived to do for six years now.

If we want good neigbourliness, let us start by treating fellow Africans with respect not behave like bullies. Let us put on our thinking caps.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Afreximbank Floats African Cotton Initiative

The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the African cotton sector, Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative, has announced.

Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative
Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative

Speaking during the launch of the African Corner at the World Cotton Day organised by the World Trade Organization in Geneva , Ms. Awani said that the initiative would involve upstream interventions boosting production of cotton on the continent and downstream interventions promoting and financing the consumption of cotton products.

Read also: Afreximbank’s 20TH Trade Finance Seminar and Workshop Holds in Durban, South Africa.

She noted that the cotton value chain provides income for millions of people in Africa, especially those living in rural areas, and represented an important source of foreign exchange for many countries.

Afreximbank had a cotton pipeline of about 400 million Euros, she announced, including $195 million dollars in textile and cotton Parks in Burkina Faso and textile and garments industrial parks in Nigeria.

The African Corner, sponsored by Afreximbank, allowed the Bank to showcase its support for the African cotton value chain and for the African fashion and design industry.

The African Corner is a section of the WTO premises dedicated to African Cotton products and was designed to give exposure and recognition to African cotton and cotton stakeholders. The corner is also being used to develop collaboration with the private sector and seek investors for cotton-related industries and production in Africa.

Read also: BFA Becomes First Angolan Bank to Sign on to Afreximbank’s Trade Facilitation Programme

Observance of the World Cotton Day followed a United Nations resolution sponsored by Benin, Burkina Faso, Chad and Mali proclaiming 7 October as World Cotton Day. The four countries, also known as the Cotton-4, are co-sponsors of the Cotton Sectorial Initiative which aims to improve the international cotton trading system.

Cotton is produced in 75 countries, including many least-developed countries where production and processing are important contributors to economic stability and job creation.

Also addressing participants in Geneva was Arancha González, Executive Director of the International Trade Centre, who said that cotton was at the heart the Centre’s efforts to ensure sustainable development through trade in Africa.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Finance Ministers of the Commonwealth Call for Digital Taxes to Tackle Debt

Finance Ministers of the Commonwealth concluded their meeting here in Washington DC with calls for the adoption of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerce.

Commonwealth Secretary-General Patricia Scotland
Commonwealth Secretary-General, Patricia Scotland

Revenues from tax collection are important for maintaining debt at sustainable levels, yet can often be impaired by the digitalisation of trade in services, as this often results in countries being unable to determine when, how and where taxes on digital transactions should be collected.

Read also: Nigeria reforms tax

Ministers have therefore agreed that the Commonwealth should bring its powerful collective voice to ongoing discussions at the Organisation for Economic Co-operation and Development (OECD), particularly on behalf of smaller states. International agreement on digital taxation could enable countries to benefit by taxing large tech giants, even if they do not operate within their jurisdictions.

These decisions were made by ministers gathered in Washington DC for the 2019 Commonwealth Finance Ministers Meeting under the theme ‘preventing debt crises: the role of creditors and debtors’.

Read also: Tax reform to improve social spending

Commonwealth Secretary-General Patricia Scotland said: “The Commonwealth has a distinctive contribution to make by bringing together nations with developed and developing economies to agree on collective approaches and action towards a fair and equitable global system for taxing multinational businesses in a swiftly digitalising economy

“We need a rule-based system that is inclusive, transparent and efficient so that all countries have a means of collecting revenue and are thereby able to avoid accumulating excessive debt. It goes hand in hand with accelerating the gains to be made by addressing climate change and making progress towards achieving the sustainable development goals.”

Ministers saw global trade and geopolitical tensions as having ‘intensified’, in a context where global debt has risen to an all-time high, estimated at $19 trillion. They stressed the need to make debt easier to manage for vulnerable countries, and for them to be eligible for periods of relief to stabilise growth during economic shocks.

As seen in the past, disasters can push countries into taking on emergency loans to rebuild and recover. Such debt can easily become unsustainable for most low and middle-income countries, making them vulnerable to debt distress.

The Minister of Finance of Cyprus, Harris Georgiades, who chaired the meeting, said: “Disruptive technologies are challenging the financial system by increasing competition and reshaping conventional business models, thereby fuelling the creation of a whole new kind of financial ecosystem.”

During the meeting, ministers also reviewed a suite of Commonwealth initiatives, including a disaster risk portal to offer streamlined and integrated information on available funds to respond to disasters, and a fin-tech toolkit to help banks leverage innovation in the financial sector.

The Commonwealth gave a presentation on its flagship debt management system ‘Commonwealth Meridian’ which is used by 63 countries to manage their debt which combines to a total of $2.5 trillion.

Considerable progress is expected to have been made on the various action and initiatives discussed by the time of the next Commonwealth Finance Ministers Meeting, which will be chaired by Botswana in Washington DC in 2020.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Chinese Textile Firm Opens $220Mn Plant in Ethiopia

With AfCFTA in place, more foreign companies are now thinking of setting up their factories in Africa. Chinese textile manufacturing giant, Wuxi No. 1 Cotton Textile PLC, in the light of that has inaugurated its Ethiopia branch, with an ambition to export much of its products to the international market.

Here Is All You Need To Know

  • Constructed at a cost of 220 million U.S. dollars, Wuxi No. 1 Cotton Ethiopia Textile Plc. was officially inaugurated on Friday in Ethiopia’s eastern Dire Dawa city.
  • The Chinese firm said it plans to export close to 100 percent of its products to the international market, mainly Europe, North America and Asia, as well as other markets.
  • Zhang Shengming, Wuxi No. 1 Cotton Ethiopia Textile Plc. General Manager, told Xinhua that the Dire Dawa textile plant, erected on 51 hectares of land, has a capacity to process 300,000 spindles, in which the first phase of the project has been already completed with a capacity to process 100,000 spindles.
  • The plant, which is said to be the largest textile workshop to be constructed in the East African country, is expected to create about 3,500 job opportunities once the second phase of project is completed.
  • Located on the outskirts of Dire Dawa city – a major crossing point of the Chinese-built Ethiopia-Djibouti Standard Gauge Railway, the textile firm also expects to tap into the 752 km Africa’s first transnational electrified railway in its export ambition.

Image result for Chinese factories in Africa

AfCFTA entered into force on 30th May 2019 and will cover a market of 1.2 billion people and a combined gross domestic product of $2.5 trillion — making Africa the world’s largest free trade area since the formation of the World Trade Organization seven decades ago.

Read also: Key Things Startups Should Know As The African Free Continental Free Trade Agreement ( AfCFTA ) Comes Into Operation July 7. 

Through AfCFTA, African businesses, traders and consumers will no longer pay tariffs on a large variety of goods that they trade between African countries;

Traders constrained by non-tariff barriers, including overly burdensome customs procedures or excessive paperwork, will have a mechanism through which to seek the removal of such burdens;

 

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world

New Performance Based Grant And Output Based Fund (OBF) Launched For Renewable Energy Investors In Nigeria

The Federal Government of Nigeria, through its Implementing Agency, the Rural Electrification Agency (REA) signed grant agreements with seven renewable energy investors under the World Bank funded Nigeria Electrification Project (NEP). The grant agreement signing for PBG and OBF, which took place on October 18, 2019 at Sheraton Hotel, Abuja, was attended by power sector stakeholders and representatives from international donor agencies.

Here Is The Deal 

  • The grant agreements are the Output Based Fund (OBF) for the sale of solar home systems to homes and businesses across Nigeria and the Performance Based Grant (PBG) for the deployment of mini grids to unserved and underserved communities in Nigeria. 
  • Following a thorough procurement process, the first six companies to be signed to the OBF are: A4&T Integrated Services Limited, ASOLAR Systems Nigeria Limited, Txtlight Power Solutions Limited (Lumos Nigeria), Greenlight Planet, Smarter Grid International and Solar Energy by D. light Limited. 
  • With these grants, the companies will play a major role in enabling the NEP Solar Home Systems (SHS) component to achieve its goal of electrifying 1 million Nigerian households in 5 years using renewable energy solutions.
  • PowerGen Renewable Energy is the first company to sign for the Performance Based Grant under the NEP Mini Grids component. 
  • Under this partnership with REA, PowerGen will deploy mini grids to Rokota community, Niger State. Mini Grids Component Head, Lolade Abiola, leads the project to provide clean, safe, reliable and affordable electricity to 300,000 homes and 30,000 local businesses with mini grids. 
  • After the signing, she reiterated that “the grant agreement signing today is an attestation to both local and foreign investors of the readiness of the Nigerian Government to leverage renewable energy technologies for increased access to electricity. I can confidently state that renewable energy is the next big thing for the sector.”
  • In her remarks, the REA Managing Director, Mrs. Damilola Ogunbiyi, expressed optimism over the determination of the Federal Government to transform the power sector in accordance with its Next Level agenda. She acknowledged the support of the World Bank and the African Development Bank to improve electricity access through the provision of grant funding and technical assistance. 

“REA, in collaboration with the Federal Government of Nigeria, has secured funds from the World Bank ($350m) and African Development Bank ($200m). These funds will go a long way in helping us connect communities, schools and homes to constant electricity.”

Read also: To Solve its Power Distribution Problems, Africa Needs to Modernise and Decentralise its Grid

Representatives of the grant recipient companies have expressed appreciation to the REA and the World Bank with assurances of their dedication to make a positive mark in the Nigerian electricity space using the allocated funds.

ABOUT REA

The Nigerian Rural Electrification Agency (REA) is the Implementing Agency of the Federal Government of Nigeria (FGN) tasked with the electrification of unserved and underserved communities. The Nigeria Electrification Project (NEP) is an innovative programme to catalyze off grid development in Nigeria, through the provision of grant funding, detailed market data and technical assistance, in collaboration with the World Bank and African Development Bank. The NEP components are Solar Hybrid Mini Grids, Solar Home Systems (SHS) and the Energizing Education Programme (EEP).

Read also: Ghana’s PEG Africa Secures $4m In Debt Capital To Scale Operations In Senegal

 

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world

Google completes first drone delivery in the US

Alphabet (Google) subsidiary Wing has become the first company in the United States to deliver packages by drone.
In Christiansburg, the small Virginia town chosen as Wing’s test location, the 22,000 residents can order products normally shipped by FedEx, medicine from Walgreens and a selection of candy from a local business — all of which will arrive via drone.
Wing, which already operates in two Australian cities as well as Helsinki, announced in a statement that the first drone-powered deliveries had taken place Friday afternoon in Christiansburg, “paving the way for the most advanced drone delivery service in the nation”.

One family used the Wing app to order Tylenol, cough drops, Vitamin C tablets, bottled water and tissues, the statement said. An older resident ordered a birthday present for his wife.
Although the majority of the delivery was done by a FedEx truck, the last mile was completed by drone.
The yellow and white drones are loaded with packages at a local centre of operations called the “Nest,” where Wing employees pack them with up to three pounds (1.3 kilogrammes) of goods, deliverable within a six mile (10 kilometre) radius.
Once they have arrived at their destination, the drones don’t land. Instead, they hover above the house and lower the package with a cable.
Other companies are working to launch similar services, most notably Amazon, UPS and Uber Eats. But Wing was the first to obtain a license from the Federal Aviation Administration (FAA), authorising company pilots to fly multiple drones at the same time.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world

 

 

Structural reform for sustained inclusive

SLOWING global economic growth, financial markets vulnerabilities and challenges posed by climate change can be surmounted if countries embark on structural reforms, says David Malpass, President of the World Bank Group. The good news, according to him, is that broad- based growth is still possible for countries with such challenges. With the right mix of policies and structural reforms, Malpass says, countries can unleash growth that is broadly shared across all segments of the society. This is usually true in emerging markets and developing countries, where well-designed reforms can deliver meaningful gains.

David Malpass, President of the World Bank Group
David Malpass, President of the World Bank Group

“We need to be careful how we calibrate our response to the global slowdown. Many countries have already used up their fiscal and monetary space, so structural reforms are essential,” he asserts.The World Bank, Malpass assured, is still focused on its mission of helping countries attract private sector investments; promote the rule of law, and transparency in debt management and public finances.

Read also: World Bank Court Orders Tanzania To Pay $185 million To Standard Chartered

The Bank is also helping countries to invest in electricity, education, nutrition, health and women empowerment as well as climate change and environment challenges. To achieve this, the Bank is already in the process of replenishing the International Development Association (IDA), the Bank’s arm that lends to poor countries. The proposed replenishment will direct more funding towards people in fragile and conflict-affected countries.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Profile: Brettonwoods pair gets one of its own

 

By Kelechi Deca

WHEN the International Monetary Fund (IMF) jettisoned a 68-year-old bylaw that prohibited the appointment of a candidate aged 65 or above as its Managing Director, it paved the way for 66-year-old Bulgarian environmental economist, Kristalina Georgieva, to head the multilateral lender. That singular accommodative action was indicative of Georgieva’s sterling qualities.

Kristalina Georgieva
Kristalina Georgieva

In taking that decision, the executive board of the Fund said that the amendment brings the Managing Director’s terms of appointment in line with those of members of the IMF executive board, which the managing director chairs, and those of the president of the World Bank, which is not constrained by an age limit. Georgieva’s ascendancy to the position of Managing Director of IMF is unique in many respects. First, she succeeded Christine Lagarde who was the first woman to head the global lender, a clear sign that the Brettonwoods institution is walking the talk on mainstreaming gender rights. Second, the position of the IMF managing director is traditionally reserved for Europeans, but there has been an overwhelming presence of the French on that list with five out of the 11 past Managing Directors being French.

Read also: Photo news : Nigeria’s Minister of Finance Zainab Shamsuna Ahmed at the IMF Headquarters

The choice of a Bulgarian was a clear break from the past where countries from Western Europe had dominated the position in the past seven decades. Georgieva, who served on the European Commission and had been the Chief Executive Officer of the World Bank since January 2017 was the clear choice of the European Union. She defeated former Dutch Finance Minister, Jeroen Dijsselbloem to clinch the position. Her time at both the European Commission and the World Bank Group marketed her as an insider in both organizations with in-depth knowledge of development challenges of emerging market countries, given the bumpy relationship the Fund has had with that group of countries.

Moreso, observers see her appointment as coming at the right time when environmental issues are on the front burner of economic policy making. Georgieva is bringing her vast knowledge of environmental policies into the development mix, having joined the World Bank as an environmental economist in 1993.

Read also: New IMF Managing Director Calls for Equal Pay for Equal WOrk

Many in Washington D.C. also see her appointment as a welcome development, especially to assuage the yearnings of Brettonwoods’ insiders who have been angling for one of their own to head either of the institutions.

Georgieva is coming at a seeming less turbulent period in the global economy, unlike her predecessor who guided the IMF through the European sovereign debt crisis, which began about a month after she took office. Nonetheless, many think the storm may not be far off, especially with the off and on trade war rhetoric from the world’s two biggest economies, the recurrent Argentina debt crisis, and the rising nationalism that threatens the gains of multilateralism of the last seven decades. As a champion of multilateralism, Georgieva is expected to maintain Lagarde’s recent focus on tackling climate change, boosting female labour participation and reducing inequality. A longtime World Bank official who served as EU commissioner for aid and crisis response, Georgieva has more expertise in development than Lagarde but less familiarity with financial trouble in advanced economies.

She is taking office at a time Argentina’s debt crisis is hitting the roof and it is likely that the IMF will renegotiate or replace the existing controversial programme. She will also have to contend with the slowdown of the global economy which will put pressure on the IMF as the world’s lender of last resort to funnel support to more countries seeking support. Revered as one of the most influential women in global development, Georgieva’s achievements are eloquent and reassuring. From February to April 2019, she served as Interim President of the World Bank Group, following Jim Yong Kim’s resignation. Now, she sits atop the management of that development institution, its service to humanity. In 2010, Georgieva was named “European of the Year” and “Commissioner of the Year” by European Voice for her leadership of EU’s humanitarian response to crises.

Read also: imfIMF rumors may be the scare South Africa needs

She holds a master’s degree in Political Economy and Sociology and a PhD in Economic Science from the University of National and World Economy in Sofia. Between 1977 and 1991, she was a professor at the same University.

Georgieva has more than 100 publications and is the author of the first microeconomics and co-author of the first macroeconomics textbooks in Bulgaria. She has lectured at universities around the world, including Harvard University, Moscow State University, the Massachusetts Institute of Technology, the London School of Economics, Tsinghua University, the University of the South Pacific and the Australian National University. In addition to her native Bulgarian, she is fluent in English and Russian and has a strong working knowledge of French.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Chioma Ejikeme: Tracking PTAD’s new Executive Secretary

DR (Mrs) Chioma Nnenna Ejikeme, the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), is a prime role model of Nigerian female health personnel and other aspiring young policy makers.With over 36 years experience in public service, she has been a medical practitioner, an administrator and an entrepreneur. Her career started as a House Officer at the Lagos University Teaching Hospital, Idi-Araba in 1983. She served the mandatory National Youth Service with the Ministry of Defence (Nigerian Airforce Medical Services Onikan Lagos) and was retained after NYSC.

Dr Chioma Ejikeme
Dr Chioma Ejikeme

As a Medical Officer in the Nigerian Air Force Medical Services for close to 20 years, she was part of a team that coordinated, improved and facilitated health care delivery services within the Nigerian Air Force Medical space. In 1997, Dr Ejikeme was appointed Commissioner for Health in Anambra State. Indeed, she was part of the team that handed over to the current Political dispensation in 1999. As the Honorable Commissioner for Health in Anambra State, she led the Ministry in policy formulation and implementation while also coordinating health-related programmes within the State, between the State and other States in the Federation and the State and the Federal Ministry of Health.

Read also: Nigerian e-Health Startup Doctoora Secures $14,000 At NESG Pitch Event

She also formulated, coordinated, supervised and evaluated donor agency-sponsored health programmes for implementation throughout the state. These agencies include the United Nations Children’s Fund (UNICEF), United Nations Population Fund (UNFPA) and the World Health Organization (WHO).

Some of her achievements as Commissioner for Health Anambra State include the establishment of a Central Drug Revolving Fund for the State Ministry of Health, the establishment of a Traditional Medicine Board in the State. It was the first to be established in the history of Anambra State. She also re-organized the existing revenue collection procedure in the State to ensure an effective and affordable health care delivery system. She embarked on the infrastructural rehabilitation of State-owned hospitals with refurbishment of wards, and provision of bore holes. She made sure a state-of-the-art modern Dental Clinic with modern Dental Chairs and Dental X-ray equipment was provided at the General Hospital, Onitsha and rehabilitated Primary Health Centers across Anambra State with the construction of a brand-new Primary Health Center in Nkpor Uno, Idemili Local Government Area.

Read also: Nigeria reforms tax

While serving as Commissioner for Health, Dr Ejikeme was also a two-term Chairman of the Anambra State Tenders Board during her tenure. After her tenure as Commissioner for Heath she returned to the Ministry of Defence in June 1999 from where she voluntarily retired from the Civil Service in 2004. Since retirement, she has availed herself of update courses, attending courses at the then Lagos Business School (LBS) in Manufacturing Management, Accounting for Non-Accountants and the Stanford Seed Transformation Programme for West Africa in Ghana amongst many other update courses.

She is a Life Member of the Enterprise Development Centre (EDC) of the Pan Atlantic University (Former Lagos Business School), A Member of the National Association of Small-Scale Industrialists (NASSI) Lagos Chapter, Member Lagos State Chamber of Commerce & Industry and Member Stanford Seed Transformation Network West Africa.

Until her appointment as Executive Secretary of the PTAD by President Buhari on August 20, 2019, Dr Ejikeme had been running a medium-scale manufacturing company, Karen-Happuck Nigeria Limited. She was the founder and Chief Executive and the company has been in operation for 15 years. Karen-Happuck has also been providing employment opportunities for Nigerians and has imparted skills to a lot of otherwise unskilled workers through training on the job.

Read also: Tax reform to improve social spending

Dr Ejikeme’s strong leadership and managerial acumen have been largely shaped by her academic-cum-professional background. She had her Primary School education at the All Saints School, Enugu in 1964 and her post-primary education at Queens School, Enugu from 1971-1975. In 1976, Dr Ejikeme gained admission into the University of Nigeria, Nsukka where she obtained Bachelor of Medicine & Surgery (MB.BS) in 1982. She also holds a Master’s degree in Public Administration (MPA) from the University of Lagos.

Dr Ejikeme, a PTAD pensioner herself, having retired in the year 2004 under the Defined Benefit Scheme, is married to Arc. Emeka Olisa Ejikeme, a Consultant. The marriage is blessed with three children and two grandchildren.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

Nigeria reforms tax

NIGERIA’S President Muhammadu Buhari has sent a Finance Bill to parliament to change obsolete tax laws and grow revenue, Zainab Ahmed, Minister of Finance, Budget and National Planning disclosed yesterday at the Governor’s Talk moderated by Abebe Selassie, IMF’s Head of African Department.

Zainab Ahmed, Minister of Finance, Budget and National Planning
Zainab Ahmed, Minister of Finance, Budget and National Planning

The Bill, when passed by parliament, is expected to boost domestic revenue mobilization. This will be achieved through a suit of policies including increasing VAT from 5 percent to 7.5 percent, reintroducing excise duties commodities such as carbonated drinks and reforming outdated oil and gas laws.

Read also: Tax reform to improve social spending

Nigeria, she said, is diversifying its revenue sources after suffering a recession which blew a huge hole in government purse in the wake of crude oil-price crash in 2014. According to her, the country’s infrastructure gap needs huge financing and the master plan to deal with the challenge, requires $3 trillion over 30 years. Nigeria has low effective tax collection and voluntary tax compliance rates. “We operated a defective social contract for long where government didn’t bother to collect taxes and citizens didn’t demand answers to poor service delivery,” she revealed.

The minister attributed this to past governments’ excessive dependence on revenue from hydrocarbons. To improve revenue collection, some agencies of government such as the Nigerian Customs are deploying technologies including blockchain technology to block leakages.

Read also: Nigeria’s Parliament Is Proposing 9% Communication Service Tax In Place of 7.5% VAT And Digital Tax.

On the vaunted negative effects of the increase in VAT, Mrs Ahmed assures that the Bill has made provision for exemptions on goods and service that are mostly consumed by the masses such as food, transport, health and education. Additionally, the government is contemplating ring-fencing the 2.5 percent increment, so that revenues accruing from it would be appropriated exclusively for education, health and human capital development purposes.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.