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BUA Kicks as Obaseki Orders Arrest of Two Workers

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BUA Sugar
  • BUA Kicks as Obaseki Orders Arrest of Two Workers

Two workers of BUA International Limited were arrested on Wednesday on the order of Edo State Governor, Godwin Obaseki, for allegedly flouting a stop-work order issued by the Federal Government over the disputed Obu mine in Okpella.

The suspects were arrested when the governor and some heads of security agencies visited the site in Etsako East Local Government Area of the state.

It was learnt that some explosives used for mining operations on the site were also confiscated and moved to the Army Brigade Command on the order of the commander.

The Obu mine has been a subject of disagreement between BUA and the Dangote Group, with both parties claiming ownership before the matter was taken to court.

The Federal Ministry of Mines and Steel Development and the Edo State Government had also ordered the shutdown of the mine pending the determination of the court case on the issue.

But the governor, who was accompanied by the Commander of the 4th Brigade, Nigerian Army, Brig.-Gen. Ibrahim Garba; Commissioner of Police, Babatunde Kokumo; and men of the Nigeria Security and Civil Defence Corps and the Department of State Security, said the continuous operation on the site was a disregard for constituted authority.

According to him, the state government is more interested in the security of lives and property, adding that while there was the need for investors to make profits from their investment, “no money is worth any life.”

Obaseki, in a statement by his Special Adviser on Media and Communication, Crusoe Osagia, said, “There is a dispute over the ownership of this mine. The dispute is in court. There was a specific instruction from the Minister of Mines and Steel Development asking that work should stop pending the outcome of the matter before the court.

“I addressed a section of the Okpella community, who came to me to express concerns about the growing tension in the community because of the dispute. At that point, I issued instructions that the work should stop in line with the Federal Government’s directive and the case in court.

“I said that the status quo (should) be maintained until the determination of the case in court. I think that is the simple common sense thing to do. There is a quarrel and all parties should maintain peace and the status quo.”

The governor also accused the management of BUA of claiming that the state government had no authority and right to enforce a Federal Government directive.

He added, “What they are saying in essence is that government does not matter. That sort of utterance and position is very dangerous for our country, for a company that needs government to treat us with such disdain.

“With this, things will degenerate into anarchy. How can they operate in such an environment? We do not care who owns what; but human life is more expensive than whatever money anybody can make.”

The governor also explained that the visit to the site was to assure the people of the area that the government was on top of the situation to ensure peace in the community.

Also speaking, the Okuokphellagbe of Okpella, Alhaji Andrew Dirisu, maintained that the community was open to a peaceful resolution of the crisis.

Dirisu, who spoke when he received the governor at his palace, said, “There is no way we will not welcome people to invest. But what we want is for everyone to take what they get and no one should take from another.

“For now, as you have given your order, who are we to dispute it? I thank you for calling for peace in this matter.”

Meanwhile, BUA described the action of the governor as “a gestapo-style forceful shutdown of that mine despite a subsisting court pronouncement that the mine be allowed to operate.”

It said in a statement, “Upon reaching that mining site and not meeting any personnel or equipment, two BUA Cement employees were invited to the mining site to receive the governor. We later learnt that these employees were arrested upon arrival on the orders of the governor and taken away for no just reason.

“As it stands, we do not know why they were arrested but have requested our lawyers to secure their unconditional release immediately as these employees are innocent and have no knowledge of why they were being arrested.

“Now that one of our mining sites has been forcefully closed down by the governor without regard to the court’s pronouncement on maintaining the status quo at that particular site (and without any formal communication from the Edo State Government), BUA as a responsible corporate entity has instructed its lawyers to report back to the courts on this latest developments and pursue all legal channels to enforce its rights.”

BUA added, “Whilst the governor based the legitimacy of his actions on a purported stop-work order from the Ministry of Mines, BUA wishes to reiterate that there is a pronouncement of the Federal High Court sitting in Benin on December 5, 2017 that declared the stop-work order issued by the ministry as a contravention of the court’s directives to maintain the status quo and thus deemed it illegal. The same court also threatened to arrest the minister, who is the first defendant in the case, if the stop word order continues to be pursued.

“We once again ask all parties to await the conclusion of the judicial process as this matter is already before a court of competent jurisdiction.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Stanbic IBTC Appoints Mrs. Sola David-Borha as Non-Executive Director

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Stanbic IBTC Bank

Mrs. Sola David-Borha is Stanbic IBTC Non-Executive Director

Stanbic IBTC board on Thursday announced the appointment of Mrs. Sola David-Borha as a non-executive director effective from 24 September 2020.

The lender disclosed this in a statement released through the Nigerian Stock Exchange.

In the statement signed by Chidi Okezie, Company Secretary, Stanbic IBTC, the lender said the appointment is subject to regulatory approvals.

According to the bank, “Mrs. David- Borha is currently the Chief Executive, Standard Bank (Africa Regions). Prior to that, she served as Chief Executive of Stanbic IBTC Holdings PLC (2012-2017) as well as the Bank (2011-2012), after holding various executive positions in Corporate Banking; Corporate & Investment Banking; and Investment Banking Coverage for Africa (excluding South Africa). She is also an Independent Non-Executive Director on the Board of CocaCola Hellenic Bottling Company.

“Mrs. David-Borha has had an extensive career in the financial services industry, which has spanned over 30 years. Her executive educational experience includes the Advanced Management Program of Harvard Business School and the Global CEO Program of CEIBS, Wharton and IESE. She is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and winner of the CNBC African Woman of the Year Award for 2016.

“The Board is pleased to welcome Mrs. David-Borha back to the Board of the Company and will undoubtedly continue to benefit immensely from her wealth of experience.”

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Lagos Introduces Fuel Station on Inland Waterways to Enhance Ferry Operations

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Lagos State Waterways Intrdouces Fuel Station for Ferries Operators

The Lagos State Waterways Authority (LASWA) on Tuesday said it has introduced the first-ever fuel state on the Lagos inland waterways.

The fuel station was introduced to boost activities across Lagos waterways and increase transportation activities, according to a statement released by Nkechi Ajayi, the Public Relations Officer, LASWA.

Speaking at the five cowries terminal in Lagos during an event, Mr. Oluwadamilola Emmanuel, the General manager, LASWA, lauded the fueling station project, adding that it would boost ferry operators’ activities and help them expand.

Emmanuel was quoted as saying “This project is significant to us at LASWA being a responsible agency of government.

“We are concerned about the hardship and occasional harassment usually faced by ferry operators while using jerry cans to get fuel from filling stations to run their boats.

“With the opening of this fuel pump unit to serve both commercial and private boat owners, the safety of lives and property on the Lagos waterways will be greatly enhanced.

“To further promote the safety of all waterways users, we urge boat operators to desist from moving fuel with kegs.

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Why N-power Beneficiaries Should be Retained Permanently

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youths

N-power Beneficiaries Must and Should be Retained Permanently

Poorly paid with little to zero job securities and economic provisions, thousands of Nigerian graduates and non-graduates continue to enroll for the social investment program, N-power, established by the Federal Government in 2016 to alleviate poverty and support the vulnerable.

However, two years later the program is experiencing a downturn with the government planning to throw beneficiaries (batches A and B) of the program back into the street despite the nation’s unemployment rate at a record high of 27.1 percent.

Participants, proudly referred to as beneficiaries by the government and its agents, have had to endure delays in inhumane stipends that can barely meet their daily needs to undefined or uncertain exit package plans for the participants of the program.

Despite all the limitations faced by volunteers, supervisors in schools and other places of assignments have said N-power beneficiaries played key roles in addressing a lot of their existing challenges and on numerous occasions and they have occasioned a new growth direction.

According to a Senior Special Adviser to the President on job creation, “What we have found out is that they are filling a lot of gaps in some places like schools, where they do not have enough teachers.In some schools where the N-Power are posted to, you discovered that it is only the principal and some NYSC members that are teaching students, the Npower teachers have helped to compliment their efforts.”

In Ekiti, a 34-year-old veteran teacher explained that “If not all of them, a majority of the N-Power teachers have mastery of the subject matter. They have not been found wanting also in the theoretical aspect of teaching. Especially the way they make use of teaching aid in classes; and that is actually very impressive.

“There is one of them who is a Physics teacher now, we have to keep deploying from one class to the other just because we don’t have adequate teachers to cover those classes.

“The one that is taking Christian Religious Knowledge is a born teacher, who is very efficient and very punctual in her classes.”

Another principal of Government Secondary School in Daurawa, Kano, Haliru Inuwa, said the eight N-power teachers posted to his school since December 2016 have been saving grace for both himself and the students.

He said “We have eight beneficiaries of N-Power posted to my school here.” 

“Most of them are handling core science subjects which most of the schools in Kano state are lacking generally. Yes, subjects like Mathematics, English etc. To our surprise, and against the earlier concern raised that they might not perform well in teaching, the N-Power volunteer teachers are not only committed to their teaching, but are also punctual,” he added.

These much were achieved in spite of the poor salary and working conditions. Graduates and non-graduates of the N-power program have exceeded expectations and raised the bar of dedication and service to the people.

The Nigerian government, just like the private sector operators, continues to take advantage of the high unemployment rate it created to exploit supposed high demand services. What does one expect? when they have been undermined from the onset as ‘privileged beneficiaries’ even with the pivotal role they played in the economy.

N-power volunteers, Batch A and B, as promised are to be absorbed into permanent job positions and their salaries and working conditions reviewed to further enhance their commitments and impacts across the board.

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