₦airaland Forum

This Governor is a shiiiit, he is Aimless, Vision-less and Futureless

- Senate President, Dr Bukola Saraki has
never hidden his passion for small
businesses in Nigeria
- A new law was recently passed to
strengthen Micro, Small and Medium-sized
Enterprises (MSME’s)
- The Senate President is determined to
ensure that with the new law, small business
can compete favourably in the business
environment
Nigeria's Senate President, Dr Bukola
Saraki has said the new legislations,
Secured Transactions in Movable Assets
Act and the Credit Reporting Act passed
by the National Assembly in June and
and signed into law by then Acting
President Yemi Osinbajo will support the
growth of MSME’s in Nigeria.
The Senate President stated that this will
be possible through increased bank
lending and reduce bank exposure to
loan defaults through pre-examination of
credit worthiness for would be
borrowers.
NAIJ.com gathered that under the law,
potential borrowers can now register
assets other than land and property as
collateral to secure a loan from banks.
Saraki has always advocated for the development
of small businesses in Nigeria. Photo credit:
Nigerian Senate
READ ALSO: Misau: Spokesman of
Nigerian police lied on national TV -
Senate
Securing financing through loans has
long been a problem for Nigerian
entrepreneurs in the past as most MSME
owners rely on personal savings or loans
from family and friends to launch their
business ventures.
The new law, also known as the
Collateral Registry Act, allows banks to
increase lending to MSME’s, while not
negatively impacting their balance
sheets.
Saraki who hailed the passage and the
opportunity for economic and MSME
growth the new laws afford Nigerians
stated that "this is a win-win situation for
our economy and society”.
He continued: “The private sector, the
federal government and the National
Assembly worked together to create the
enabling environment for MSME’s to
grow, diversify the economy and increase
employment.
“We should all be proud of delivering a
law that will allow many people to
provide for their families and
community.”
The Credit Reporting Act, allows credit
information sharing between credit
bureaux and those companies that lend
money or extend credit for goods and
services.
Under the Act, companies will have
access to the credit history to review
whether there is a history of loan
defaults or other financial blemishes.
This extra layer of protection will serve
to reduce lending risks, while preserving
credit services to borrowers with good
credit histories.
“Combined, the new laws make good
economic and business sense. Already
bank lending to MSME’s has increased
and is expected to grow considerably for
the remainder of the year and in 2018.”
“In both developed and developing
economies small business growth is the
engine of the economy and employment
growth. With a high unemployment in
Nigeria, the growth and support for
MSME’s is critical.
“The National Assembly will also be
looking to see what existing support
programmes are working and can be
created to help MSME owners to better
understand the use of credit, management skills training, mentor relationships, marketing and how to pursue government procurement contracts” Saraki added.
Meanwhile, the federal government has kick-started plans to establish a public
beneficial ownership register.In a meeting held on Wednesday,
September 6 in Abuja, key agencies of the government fine-tuned strategies for
the implementation of the policy.
The meeting which was held under the auspices of the Open Government Partnership (OGP) had in attendance the representatives of the Nigerian Extractive Industries Transparency Initiative (NEITI), the Corporate Affairs Commission (CAC), the Bureau for Public Enterprises (BPE), the Security and Exchange Commission (SEC), the Federal Ministry of Justice, Civil Society Organisations amongst others.

Its actually true, Effiong was killed but his deceitful boss was spared and celebrated back.

The vice president of the defunct Republic
of Biafra, Late General Phillip Effiong, may
have died with regrets
- This indication was given by his kinsman,
Elder Enefiok Ekefre
- He urged the federal government to give
the Effiong family the same privileges given
to Late Chukwuemeka Odimegwu family
after his death
A chieftain of All Progressives Congress
(APC) in Akwa Ibom state, Elder Enefiok
Ekefre, has alleged that the Igbos
abandoned Late General Philip Effiong
who he said died a Biafran rebel.
Ekefre made the comment in an
interview with Vanguard, even as he
chided the Igbos for abandoning the Late
Effiong.
He lamented that Effiong, the vice
president of the defunct Republic of
Biafra who died in 2003, was not given
the amnesty accorded to Late Ojukwu by
the federal government.
General Effiong was the vice president of the
defunct Biafra Republic.
His words: “The Igbo are expecting
support forgetting that they all looked the
other way and allowed General Effiong
who made the historic declaration that
ended the bloody civil war to live and die
a Biafra rebel while Ojukwu died a
Nigerian Army General.
“General Philip Effiong, an Ibiono Ibom
man, was the vice president to Ojukwu.
Mr. M. U. Akpan, the Secretary to the
Government of Biafra (SGB) was also from
Ibiono. General Effiong signed the
instrument of surrender but when the Igbo
were talking of payment of gratuity and
pension, they only presented General
Ojukwu and refused to mention General
Effiong.
“He lived and died a Biafran military
officer but Ojukwu’s rank was restored
with salaries and gratuity paid from 1966.
Today, the Igbo are complaining of
marginalization and oppression,
forgetting that justice and injustice should
not be selective.”
Ekefre appealed to the federal
government to make adequate
compensation for the family of the late
General Effiong in the spirit of true
reconciliation and justice.
He said the agitation by the Indigenous
Peoples of Biafra (IPOB) was ill-timed,
stressing that “the Igbo had President
Goodluck Jonathan from South-south,
Senate President from South-east,
Secretary to the Government of the
Federation government, minister of
finance and General Azubike Ihejirika as
Chief of Army Staff, and they could not
ask for their republic then.”
He also lamented that the south-south,
south-east and south-west regions are not
united.
Meanwhile, Nigerian novelist,
Chimamanda Adichie, has debunked
quotes attributed to her which gave the
impression that she was in support of the
Biafran agitation in some news websites.
Source: https://www.naij.com/1124034-general-effiong-died-a-biafran-rebel-ekefre.html

Moses Simon na Yoruba ooo

devonboss:
Sunday, 3rd of Sept. 2 Odds
Europe: World Cup – Qualification
Latvia Vs Switzerland ▶2
Belarus Vs Sweden ▶X2
Hungary Vs Portugal ▶Away win either half
Greece Vs Belgium ▶Away win either half
Total Odds: 2.43

wow Greeeen won

Lol we dy watch am together no.. wetin we dey hide na

Nigeria na worst country, na Dier Home Jersey, dy dey use train . Shey dy no get training kit?

;DLol dis one na gobe oooo 😁😂😃