CLICK HERE TO CHECK THE LIST (PDF COPY)


NDA AFSB Full List Of Shortlisted Candidates for 70th Regular Course 2018: List of Successful Candidates for 70 Regular Course Armed Forces Selection Board Screening.

The management of Nigerian Defence Academy (NDA) Armed Forces Selection Board (AFSB) wishes to inform all candidates who participated in the Nigerian Defence Academy Screening Test (NDAST) held on 19th May 2018, that list of successfully shortlisted candidates for the interview has been released.

All successful candidates whose names appeared on the attached PDF document are to come for interview before the Armed Forces Selection Board (AFSB) starting from June 23rd-6th August 2018, at the Nigerian Defence Academy RIBADU Campus, KADUNA. Candidates will appear before the AFSB in 2 Batches as follows:

Batch 1: Candidates from the under-listed states are to report to NDA on Saturday 23 June 2018:

Abia
Anambra
Bauchi
Borno
Cross River
Enugu
Ekiti
Gombe
Jigawa
Katsina
Kwara
Lagos
Nasarawa
Ondo
Oyo
Taraba
Yobe
Sokoto
FCT

Batch 2: Candidates from the under-listed states are to report to NDA on Saturday 14th July 2018:

Akwa Ibom
Adamawa
Bayelsa
Benue
Delta
Edo
Ebonyi
IMO
Kano
Kaduna
Kebbi
Kogi
Niger
Ogun
Osun
Rivers
Plateau
Zamfara
NDA AFSB Full List Of Shortlisted Candidates for 70th Regular Course 2018

Candidates whose names appeared on the attached PDF below has been shortlisted to appear for the interview at the Nigerian Defence Academy (NDA) Armed Forces Selection Review.

IMPORTANT NOTICE:

Shortlisted candidates who fail to report on Saturday 23rd June and Saturday 14th July, 2018 for Batches 1 and 2 respectively, will NOT be allowed to attend the interview.
All candidates will undergo a screening exercise which will involve certificates/credentials screening, medical and physical fitness tests amongst others. Only candidates who pass the screening exercise will qualify to continue with the interview.
Candidates who are coming to KADUNA for the first time should log on to NDA website for brief description on how to locate the venue of the AFSB.
NDA AFSB Screening Requirements:

Candidates MUST bring along the original and 2 photocopies each of the following documents:

JAMB UTME Result Slip 2018.
Acknowledgement Form and NDA Examination Admission Card.
Academic Certificates / Statements of Result and Testimonials for Primary and Secondary Schools (Junior and Senior).
Birth Certificate or Declaration of Age, preferably Birth Certificate
Letter of Attestation of State/Local Government Indigeneship duly signed by the SSG or Chairman of Local Government, as the case may be. Certification obtained from a military officer from the candidate’s state of origin, who must be of the rank of Lieutenant Colonel and above or equivalent in the Nigerian Navy and Nigerian Air Force, may be used in place of Local Government Indigeneship Certificate. In this case, the officer must indicate his formation/unit, appointment, contact address, phone numbers and e-mail address. The officer must also affix formation/unit stamp and sign.
Letter of Consent from Parent/Guardian.
Candidates are to download both the Attestation and Letter of Consent Forms from the NDA applications portal/NDA website and complete same. Candidates who fail to bring along the documents listed above will be disqualified. Any ALTERATIONS on the documents will attract outright disqualification.

Candidates are to also bring along with the following items:


Writing materials.
Three blue shorts and 3 white (round-neck) T-shirts.
A pair of white canvas shoes and 3 pairs of white socks.
Toiletries.
A non-refundable fee of N2, 500.00 each for verification/confirmation of results at WAEC/NECO.
Scratch cards for WAEC and/or NECO results for online confirmation of the result.
Four recent coloured passport photographs.
The second copy of Postcard Photograph that was presented and endorsed at the Exam Centre during the NDA Screening Test.
Transport money to and from Kaduna.

CLICK HERE TO CHECK THE LIST (PDF COPY)


https://www.financialwatchngr.com/2018/06/02/nda-releases-list-of-candidates-for-70th-regular-course-2018/

Lalasticlala
uboma
davide470

The Dangote Group is one of Nigeria's most diversified manufacturing conglomerates. The Group continues to grow its vision of becoming the leading provider of essential needs in Food and Shelter in Sub-Saharan Africa with sustained market leadership in Cement Manufacturing, Sugar Milling, Sugar Refining, Packaging Material Production and Salt Refining.

We are recruiting to fill the following positions below in Lagos State:

1.) Field Engineering General Manager

Deadline: 30th June, 2018.

Click Here To View Details


2.) Electrical General Manager

Deadline: 30th June, 2018.

Click Here To View Details


3.) Instrumentation General Manager

Deadline: 30th June, 2018.

Click Here To View Details


4.) Construction Equipment Operation General Manager

Deadline: 30th June, 2018.

Click Here To View Details


5.) Piling and Stone Columns General Manager

Deadline: 30th June, 2018.

Click Here To View Details


6.) Equipment Erection General Manager

Deadline: 30th June, 2018.

Click Here To View Details


7.) Senior Procurement Specialist - Facilities and Engineering Services

Deadline: 14th June, 2018.

Click Here To View Details


8.) ERP Operations Manager - PM

Deadline: 1st June, 2018.

Click Here To View Details


https://www.financialwatchngr.com/2018/06/01/dangote-group-latest-job-recruitment/

Mynd44
Lalasticlala
Seun

Cornerstone Staffing, is recruiting on behalf of it's clients in various sectors to fill the following positions below in Lagos State:

1.) Front End Developer - Digital Marketing Intern

Click Here To View Details


2.) Customer Service Travel Advisor

Click Here To View Details


3.) Graduate Commercial Operations Intern

Click Here To View Details


4.) Digital/Content Marketing Intern

Click Here To View Details


5.) Digital Marketing Campaign Lead

Click Here To View Details


6.) Finance Associate

Click Here To View Details


7.) CornerStone Staffing Graduate Internship Programme 2018

Click Here To View Details


8.) Customer Service Intern

Click Here To View Details


Application Closing Date

Not Specified.

https://www.financialwatchngr.com/2018/06/01/cornerstone-staffing-fresh-graduate-exp-job-recruitment/

Mynd44
Lalasticlala
Seun

The United Nations Children's Fund (UNICEF) - For 70 years, UNICEF has been working on the ground in 190 countries and territories to promote children's survival, protection and development. The world's largest provider of vaccines for developing countries, UNICEF supports child health and nutrition, good water and sanitation, quality basic education for all boys and girls, and the protection of children from violence, exploitation, and AIDS. UNICEF is funded entirely by the voluntary contributions of individuals, businesses, foundations and governments.

We are recruiting to fill the following vacant positions below:

1.) Programme Assistant

Location: Unspecified

Deadline: 15th June, 2018.

Click Here To View Details


2.) Programme Associate, GS-6

Location: Unspecified

Deadline: 15th June, 2018.

Click Here To View Details


3.) National Communication Consultant

Location: Unspecified

Deadline: 13th June, 2018

Click Here To View Details


4.) Project Coordinator

Location: Abuja

Deadline: 13th June, 2018.

Click Here To View Details


5.) Health Consultant (CARAMAL) - Abuja

Deadline: 8th June, 2018.

Click Here To View Details


6.) Health Consultant (CARAMAL) - Adamawa

Deadline: 8th June, 2018.

Click Here To View Details


7.) Human Resources Officer

Location: Abuja

Deadline: 11th June, 2018.

Click Here To View Details


8.) Programme Specialist (Field Results)

Location: Abuja

Deadline: 11th June, 2018.

Click Here To View Details


9.) Monitoring Specialist

Location: Abuja

Deadline: 11th June, 2018.

Click Here To View Details


10.) Procurement Services Specialist

Location: Abuja

Deadline: 4th June, 2018.

Click Here To View Details


11.) Health Manager

Location: Borno

Deadline: 6th June, 2018.

Click Here To View Details


https://www.financialwatchngr.com/2018/06/01/united-nations-childrens-fund-unicef-fresh-job-recruitment-2/

Mynd44
Lalasticlala
Seun
Lalasticlala
uboma
davide470

The International Center for Investigative Reporting (ICIR), is an independent, nonprofit news agency that seeks to promote transparency and accountability through robust and objective investigative reporting.

We are recruiting to fill the following positions below in Nigeria:

1.) Investigative Reporter

Click Here To View Details


2.) Business Reporter

Click Here To View Details


3.) Oil and Gas Reporter

Click Here To View Details


4.) Social Media Strategist

Click Here To View Details


5.) Data Analyst

Click Here To View Details


6.) Business Development Manager

Click Here To View Details



Application Closing Date

Not Specified.

How to Apply

Interested and qualified candidates candidates should send their Cover Letters and Resumes with relevant position applied for in the email subject line to: info@icirnigeria.org

https://www.financialwatchngr.com/2018/05/29/international-center-for-investigative-reporting-icir-fresh-job-recruitment/

Mynd44
Lalasticlala
Seun
Lalasticlala
uboma
davide470

The Minister of Finance, Mrs. Kemi Adeosun, says the ministry has reduced travel and stationery allowances by N125 billion in 2016 and 2017.

In a document released at the weekend to review the performance of the ministry between 2015 and 2017, Adeosun said this was achieved by the efficiency unit set up by the ministry in November 2015.

“The government has saved N34 billion on travel and transport for 2016 compared to 2015 figures and a further N57 billion on same travel and transport in 2017 compared to 2016,” the document released by Mrs Adeosun’s media spokesman, Oluyinka Akintunde, read.

“Again, on office stationeries and computer consumables, the government saved N24 billion in 2016 as against the previous year and a further N10 billion in 2017 compared to 2016 expenditure on the same line item,”added the document.

Commenting on the voluntary assets and income declaration scheme (VAIDS), Adeosun said the programme is now receiving information on companies that evaded or underpaid taxes.

She said: “You will remember that the Whistleblower Policy was introduced in December 2016 and since its introduction, we have had 8,373 communications out of which 1,231 are whistleblowing tips.

“We have carried out 791 investigations and completed 534 of those investigations. Ten are presently under prosecution and we have secured four convictions.

“For the first time, we are paying N439 million to about 14 whistleblowers who gave us specific tips on tax evaders. From the specific information provided on companies which underpaid their taxes, we were able to go in and communicate with the companies.

https://www.financialwatchngr.com/2018/05/29/nigerias-efficiency-unit-saves-n125b-by-reducing-official-allowances/

Mynd44
Lalasticlala
Seun
Lalasticlala
uboma
davide470

SureGroup is a reputable company comprising of SureCredit, SureGifts and SureRemit. We are currently recruiting suitably qualified candidates to fill the following positions below in Lagos State:

1.) Head of Marketing

Click Here To View Details


2.) Data Analyst

Click Here To View Details


3.) Finance Manager

Click Here To View Details


Application Closing Date

Not Specified.

click here to apply: https://suregroup.breezy.hr/p/2d22779c9ac2-head-of-marketing-suregifts

https://www.financialwatchngr.com/2018/05/28/suregroup-fresh-job-vacancies-3-positions/

Mynd44, Lalasticlala, Seun, Lalasticlala, uboma, davide470

Nigerian banking industry needs increased digitization, stronger corporate governance and enhanced communication among stakeholders to effectively play its role in the nation’s quest for sustained economic growth.

Financial sector experts stated this at a leadership discussion series titled: “Strengthening the banking system and facilitating sustained economic growth: Roles of the Regulators, Operators and the Banking public” organised in Lagos by the Financial Institutions Training Centre (FITC).

Speaking on the need for increased digitization, Managing Director, Sterling Bank Plc, Mr. Abubakar Suleiman said: “The first part is to digitize the process of providing credit to consumers and Small Medium Enterprises. I also think banks and government should pick the sectors they can specialize in and focus on giving them credits.”

On his part, the President, Bank Customers Association of Nigeria, Dr. Uju Ogubunka, stressed the need for enhanced communication. He said: “We have three stakeholders in the banking system. They are the regulators, the operators and the banking public. There is a missing gap between them that brings about the problem that we are having here. The regulators should find a way where they would have to bring the customers to share thoughts with both the operators and regulators.”

Speaking on the challenge of corporate governance, past president, Chartered Institute of Bankers, Prof. Olusegun Ajibola said: “It is lack of corporate governance that will allow a chief executive officer to upturn an entrenched system of governance without regards for the process of changing governance rules. If we can tackle all these both at the regulatory and the operating levels, I think we will converge at a point where we can now take decisions that will help us serve the interest of the various sectors of the economy and by so doing help to move the economy forward through real growth not nominal growth in the economy as a whole.”

https://www.financialwatchngr.com/2018/05/28/experts-advocates-for-increased-digitization-in-banking-industry/

The total sum of N1.6billion illegal bank charges have been recovered from one of the many branches of one money deposit bank (MDB), Minister of Finance, Mrs. Kemi Adeosun told the House of Representatives on Thursday in Abuja.

Adeosun, who said the recovery was made possible by the Treasury Single Account (TSA), added that other branches of the unnamed bank would go through the same process.

According to her, the charges are illegally imposed and taken by banks as excess charges on the accounts they maintained for government agencies in the pre-TSA era.

Speaking during an investigative public hearing into the status of TSA by the Abubakar Danburam-Nuhu-led Ad-hoc Committee, Mrs. Adeosun also said another N600 million was recovered from some MDBs in continuation of the TSA policy.

She said the level and nature of the operations of the recoveries required the expertise of consultants which made the discoveries possible.

She said: “We recovered N1.6billion in just one branch of a bank. There are many other branches.

“We are looking at the many accounts holding government money before the TSA started; there is a lot.”

On the recovered N600million, Adeosun said it was recovered as part of ongoing mopping up of government funds in accounts still being traced. “We got the N600m recently, which was for charges by these banks. It was returned and we are still on it.

“The TSA had been implemented almost 100 percent by the MDAs, though there are a few accounts still outside the system were being followed up,” she said.

She also said some accounts operated by the Nigerian National Petroleum Corporation (NNPC) and the West African Examination Council (WAEC) were exempted from the TSA because of the nature of their operations.

On the engagement of consultants for recoveries while the Office of Auditor-General of the Federation (AGF) has competent hands, the minister explained that consultants were engaged because their engagement assisted in achieving faster result.

https://www.financialwatchngr.com/2018/05/03/tsa-n1-6b-illegal-bank-charges-recovered-from-one-bank/

Mynd44, Lalasticlala, Seun

The commander in charge of Rapid Response Squad (RRS) unit of the Lagos State Police command, ACP Olatunji Disu has warned Nigerians through his twitter handle to desist from buying London used phones.

He warned Nigerians who patronise used phones from London that they risked being arrested and jailed ”if you take your London used phones (second hand phones) to Uk, US, Germany, South Africa, etc, because most of the “London used phones” have been flagged off as stolen or been used for fraud.

He confirmed the recovery of such phones in Lagos.

https://www.financialwatchngr.com/2018/05/01/read-why-buying-london-used-phones-is-dangerous/

Mynd44, Lalasticlala, Seun

– Also to be fired is the chairman of such a bank

FINANCIAL WATCH: Any bank which fails to publish its annual account 12 months after the financial year end will have its chief executive sacked, the Central Bank of Nigeria (CBN) has directed.

This directive is contained in the CBN’s Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2018/2019 released at the weekend. It was signed by CBN Governor Godwin Emefiele.

The policy aligns with the provisions of the Bank and Other Financial Institutions Act (BOFIA) 1991, which require banks to, subject to the written approval of the CBN, publish their audited financial statements- financial position and comprehensive income- in a national newspaper printed and circulated in Nigeria not later than four months after the end of each financial year.

Besides, to allow the implementation of consolidated supervision, the CBN directed all banks, discount houses and their subsidiaries to continue to adopt December 31 as their accounting year end.

”The CBN will continue to hold the Board Chairman and Managing Director of a defaulting bank directly responsible for any breach and impose appropriate sanctions, which may include barring the Managing Director or his/her nominee from participation in the Bankers’ Committee and disclosing the reason for such suspension.”

“It will also include suspension of the foreign exchange dealership licence of the bank and its name sent to the Nigerian Stock Exchange (in the case of a public quoted company) and removal of the Chairman and Managing Director/CEO from office if the accounts remain unpublished for 12 months after the end of the bank’s financial year,” the report said.

One Systematically Important Bank (SIB) with offshore subsidiaries in three countries has failed to publish its financial statement for the past three years. Its last published financial statement was for the third quarter ended September 30, 2015.

Also, based on the new CBN’s policy on financial account publication, any bank that fails to publish its 2017 financial statement by the close of business today will be sanctioned by the regulator.

The new CBN policy spells out borrowing terms and liquidity positions for commercial, merchant and noninterest banks. It says the minimum liquidity ratio for commercial, merchant and non-interest banks should be retained at 30, 20 and 10 per cent, subject to review from time to time.

“In the 2018/2019 fiscal years, discount houses will continue to maintain a minimum investment of 60 per cent of their total liabilities in government securities. The ratio of individual bank loans to deposits is retained at a maximum of 80 per cent. The Net Open Position (NOP), long or short, of the overall foreign currency assets and liabilities taking into cognisance both on and off-balance sheet items will not exceed 10 per cent of shareholders’ funds unimpaired by losses,” it said.

It said the aggregate foreign currency borrowing of a bank, excluding intergroup and inter-bank (Nigerian banks) borrowing, will not exceed 125 per cent of shareholders’ funds unimpaired by losses. “Banks are expected to hedge borrowing using financial market tools acceptable to the CBN; borrowings must be subordinated debts with prepayments allowable only at the instance of the bank and subject to prior approval of the CBN; and all debts, with the exception of trade lines, will have a minimum fixed tenor of five years,” it added.

On discount window operations, the CBN specified that all eligible markets players may borrow funds from or lend funds to the CBN on short-term basis, to meet their temporary shortage of liquidity occasioned by internal or external disruptions or deposit their excess funds, respectively. “The window, through the Standing Lending Facility (SLF) and the Standing Deposit Facility (SDF) will be accessible at a stipulated time at the end of the business day to enable the institutions square up their positions overnight at appropriate rates tied to the Monetary Policy Rate,” it said.

It advised banks to seek profitability by driving down cost and charging competitive rates instead of charging excessive rates of interest. Therefore, banks are expected to develop and implement a Risk-Based Pricing Model in line with the provisions of CBN.

The CBN will continue to maintain and upgrade the Real-Time Gross Settlement (RTGS) System for settlement of inter-bank fund transfers and time-critical payments and categorise banks into settlement and non-settlement banks for the purpose of clearing and settlement.

The settlement banks are to participate directly in the clearing houses and receive their net clearing position in their settlement account with the CBN while non-settlement banks receive their net clearing position through the settlement account of their settlement bank.

“Any bank applying for direct participation as a settlement bank will be required to possess the capacity to provide the required clearing collateral of N15 billion, subject to periodic review. Such lender will also have ability to offer agency facilities to other banks and to clear and settle on their behalf and have adequate branch network, in all the CBN locations,” it said.

On capital adequacy, the CBN said the minimum ratio of total qualifying capital to total risk-weighted assets will remain at 10 per cent for regional and national banks, and 15 per cent for international banks in the 2018/2019 fiscal years.

”Not less than 66.67 per cent of banks’ capital will comprise paid-up capital and reserves. Banks will also maintain a ratio of not more than one to ten (1:10) between adjusted capital funds and total credit net of provisions. They are encouraged to maintain a higher level of capital commensurate with their risk profile. Banks and banking groups are required to comply with the appropriate guidelines for the measurement and calculation of capital requirements.”

The differences resulting from the comparison of expected losses determined under International Financial Reporting Standards (IFRS) with all losses determined under the prudential guidelines will continue to be adjusted under the statement of changes in equity, through the non-distributable regulatory reserve.

The CBN said it will continue to enforce the stipulated penalties for noncompliance with regulatory guidelines, as well as the provisions of the CBN Act 2007 and the BOFI Act 1991 (as amended), in the 2018/2019 fiscal years. “Any financial institution that fails to comply with extant guidelines and other directives that may be issued by the CBN will be sanctioned accordingly,” the CBN said.

https://www.financialwatchngr.com/2018/04/30/cbn-threatens-bank-ceos-with-sack-over-delayed-accounts/

Despite the penchant for making a mountain out of two grains of sand by politicians, the central bank of Nigeria (CBN) has warned the Federal Government that we need to work hard to prevent Nigeria from sliding back into recession. CBN has it reasons. The GDP growth for 2017 was a mere 0.8.

However, Quantum Global Research Lab, an independent research arm of Quantum Global, has ranked Nigeria as the 14th most attractive economy for investments flowing into the African continent—News Report, March 29, 2018.

ADDRESSING the sixth edition of the African CEO Forum in Abidjan, Cote d’Ivoire, Professor Mthuli Ncube revealed that the top ten nations are: Morocco, Egypt, Algeria, Botswana, Cote d’Ivoire, South Africa, Ethiopia, Zambia, Kenya and Senegal.

On every continent the most attractive economy for investment is also the largest. The USA leads in investment attraction in North America; Brazil in South America; China in Asia and Germany in Europe. Only in Africa do we have the anomaly of the acclaimed economic giant not being the most attractive for investors. Nigeria is not even second or third. The giant of Africa is ranked 14th. It was once ranked as low as 29th. This means that Nigeria is never the first port of call when business people are seeking for investment opportunities in Africa.

Some of the reasons are not difficult to discover. Annual Gross Domestic Product, GDP, growth is one of the most important variables foe determination of a nation worthy of attention. In that regard, the World Bank’s recent release of projected global GDP growth should help explain some of the reasons.

The World Bank recently released its 2018 economic growth forecasts for nations all over the world. Global Gross Domestic Product, GDP, is supposed to grow by 3.1 per cent during this year. Sub-Saharan Africa will grow marginally faster – up by 3.2 per cent. But, Nigeria, the presumed largest economy on the continent will manage only 2.5 per cent growth – if it succeeds. By contrast Kenya will jump by 5.5 per cent, Tanzania 6.8, Senegal 6.9, Cote d’Ivoire is expected to expand by 7.2 per cent and Ethiopia by a whopping 8.2.

Even in Africa, Nigeria is not top ten; add the nations of Asia like China, India and South Korea, among others, and you can see that our 2.5 per cent only drags down the global average. How on earth does the nation reduce the average rank as topmost attraction?

Just last week, the Central Bank of Nigeria, CBN, warned the Federal Government that we need to work hard to prevent Nigeria from sliding back into recession. CBN has it reasons. The GDP growth for 2017 was a mere 0.8. Most economists know that the euphoria which officially accompanied the modest growth was totally unjustified. An economy growing at 0.8 per cent is on the brink of another recession or what is referred to as the double dip.

One factor which might trigger a return to recession is the annual failure to pass the national budget on time. Despite the enormous efforts of the Minister for Budget and National Planning, to get the budget to the National Assembly in early November, it is again being delayed and might not be signed until mid May – if not later. No nation classed among the top twenty anywhere in the world has had leaders who are so collectively irresponsible as Nigeria’s leaders in Abuja.

Sense of urgency and purpose

The budget gets delayed year-after-year making it difficult for people in the private sector to plan for the year and votes are released so late in the year that they make very little impact on GDP growth. In 2018, Nigeria is proving once more to the world that it lacks the leaders to manage a great economy in the new millennium. The sense of urgency and purpose is totally lacking in Abuja.

The only redeeming possibility lies in the fact that war drums are sounding in the Middle East again. This time, the United States and Russia are rattling sabers. Any direct confrontation between the world’s mightiest military powers will drive up the price of crude oil. Nigeria might still be saved from the folly of her leaders by blood-letting in the Arab world. Another oil windfall might be divinely on the way.

If that occurs, it will provide respite for only a few months and we will have to face the harsh reality that Nigeria’s population is now closer to 200 million and we have more mouths to feed in a nation which failed to feed 150 million.

The Economic Recovery and Growth Project, ERGP, notwithstanding, the nation which had not grown at anything close to five per cent since 2013, will need to grow at seven per cent or more from now on – otherwise the per capita income will continue to drop and Nigerians will continue to sink into poverty. Forget 2018, the GDP growth for this year will hardly reach two per cent. At the end of this year, Nigerians will be poorer than they were in 2006.

The economic outlook for the short and medium terms is bleak. Nigeria lacks the leadership and the ideas required to move the nation as fast as it should. Four more years of this will constitute a monumental disaster.

https://www.financialwatchngr.com/2018/04/30/nigerian-economy-could-still-fall-back-to-recession-at-anytime/

Mynd44, Lalasticlala, Seun

The Lagos State Government has made some changes to the Cleaner Lagos Initiative.

According to the government, the changes are part of the integrated response to the problems of waste management in Lagos, adding that to achieve the goal of a cleaner and environmentally sustainable state, attention must be paid to all touchpoints of the waste management process.

It noted that the initiative had pooled together several agencies across the value chain with the aim of delivering a safe and sustainable environment for residents.

In a statement made available to our correspondent, the government said under the CLI and with the recent changes, community sweeping would henceforth be supervised by the Ministry of the Environment, while mechanised street sweeping would be managed by three private companies – Avatar, Wastecare and Corporate Solutions.

The statement read in part, “The Waste Collection Operators, formerly known as PSPs, will henceforth manage residential and general waste collection, while Visonscape Sanitation Solutions has been given the mandate of implementing waste management infrastructure development across the state.

“Visionscape will also intervene in public waste collection to cover any service lapses that may occur. The Lagos State Public Works Corporation will oversee drainage management across the state as handled by these three private entities, Quality Sanctuary Nigeria Limited, Jane Rin Nigeria Limited and Blue Bridge Nigeria Limited.”

It added, “Also important is the role of residents in the waste management matrix. Individuals are responsible for the waste they generate and must ensure that they are properly bagged and placed in bins for collection. Residents are also to pay their bills when due to avoid service gaps.

“To focus on enforcement and monitoring are the Lagos State Environmental Sanitation Corps and the Public Utilities Monitoring and Assurance Unit. While LAGESC will handle the enforcement of all laws against fly-tipping and illegal waste dumping, the PUMAU will be the supervisory body over collection operations, while also tracking and controlling the payment of fees in the state.”

The government stated that the division of labour was to ensure that all aspects of the integrated waste management plan in the state received optimum attention.

https://www.financialwatchngr.com/2018/04/30/lagos-state-modifies-cleaner-lagos-initiative/

Mynd44, Lalasticlala, Seun