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Reps Mandates Investigation On Closure Of Local Companies, Exit Of Multinationals

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The House of Representatives has called for a thorough investigation on the closure of local companies and departure of multinationals companies and factors militating against the ease of doing business in Nigeria.

The resolution was made following the adoption of a motion on urgent public importance brought to the floor of the House during today’s plenary by Hon. Dr. Patrick Umoh, co-sponsored by Hon. Paul Ekpo and Hon. Lukman Mudashiru.

Presenting the motion, the lawmakers said that in the past seven years, several manufacturing companies especially those in the fast moving goods industries have either left Nigeria or stopped production.

They said companies like Surest Foam Limited, Mufex, Framan Industries, MZM continental, Nipol Industries, Jubilee Syringe among top Pharmaceutical companies have all exited the country due to Nigeria’s operational environment.

According to the lawmakers, the departure of these multinationals companies is creating serious concern as it affects the Country’s GDP, hinder economic growth, increase unemployment, increased poverty, decreased government revenues and investor’s confidence in the capital market.

Adopting the motion, the House urged its committee on Industry, Labour, Employment, and Productivity to investigate the closure of local companies and departure of multinationals companies from Nigeria and the factors affecting against ease of doing business in Nigeria and report back to the House in four (4) weeks.

The House also called on the Executive to prioritize investment in infrastructure and power sectors, providing tax incentives to encourage businesses and investors to invest in Nigeria.

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INEC: We are not partisan in failed recall of Natasha

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The Independent National Electoral Commission (INEC), has denied being partisan in handling the failed recall of the Senator representing Kogi Central, Senator Natasha Akpoti-Uduaghan.

The Chief Press Secretary to the Chairman of INEC, Rotimi Oyekanmi, who was on Channels Television’s Politics Today on Thursday, explained how the Commission handled the process.

“In the case of the Kogi Central District, we received a petition and a cover letter and of course what Nigerians were saying was that we were taking sides,” Oyekanmi said on the programme.

INEC logo and Senator Natasha Akpoti (Kogi-Central PDP)
INEC logo and Senator Natasha Akpoti (Kogi-Central PDP)

“But what happened was that in the covering letter, the representatives of the petitioners did not include their address as required in our regulations and guidelines and what we just did was to ask them to supply their address, it has nothing to do with the petition.

“And of course, there is nowhere in the law where INEC is asked to reject a petition just because the cover letter did not contain the address. So, there was no hanky-panky in what we did.”

Earlier on Thursday, INEC rejected the petition to recall Senator Akpoti-Uduaghan, saying that it has not met the requirements.

The electoral commission said the petition to recall Senator Natasha did not meet constitutional requirements.

Senator Natasha was suspended for breaching Senate rules, prompting some of her constituents to initiate her recall. They claimed the move was to ensure their constituency did not lack representation following the suspension of the 45-year-old senator.

Asked whether there could be a repeat of the recall process, the INEC spokesperson said the law did not specify if the process could be repeated and how many times.

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“The law just talks about the threshold, the threshold meaning that if you want to recall, you must have, in addition to your petition, 50 per cent plus one signatures. The law did not specify how many times you can undertake that,” he said.

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INEC Not Partisan In Failed Recall Of Natasha – Spokesperson

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The Independent National Electoral Commission (INEC), has denied being partisan in handling the failed recall of the Senator representing Kogi Central, Senator Natasha Akpoti-Uduaghan.

The Chief Press Secretary to the Chairman of INEC, Rotimi Oyekanmi, who was on Channels Television’s Politics Today on Thursday, explained how the Commission handled the process.

“In the case of the Kogi Central District, we received a petition and a cover letter and of course what Nigerians were saying was that we were taking sides,” Oyekanmi said on the programme.

“But what happened was that in the covering letter, the representatives of the petitioners did not include their address as required in our regulations and guidelines and what we just did was to ask them to supply their address, it has nothing to do with the petition.

“And of course, there is nowhere in the law where INEC is asked to reject a petition just because the cover letter did not contain the address. So, there was no hanky-panky in what we did.”

Earlier on Thursday, INEC rejected the petition to recall Senator Akpoti-Uduaghan, saying that it has not met the requirements.

The electoral commission said the petition to recall Senator Natasha did not meet constitutional requirements.

Senator Natasha was suspended for breaching Senate rules, prompting some of her constituents to initiate her recall. They claimed the move was to ensure their constituency did not lack representation following the suspension of the 45-year-old senator.

Asked whether there could be a repeat of the recall process, the INEC spokesperson said the law did not specify if the process could be repeated and how many times.

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“The law just talks about the threshold, the threshold meaning that if you want to recall, you must have, in addition to your petition, 50 per cent plus one signatures. The law did not specify how many times you can undertake that,” he said.

The lawmaker has made headlines in recent months after she accused Senate President Godswill Akpabio of sexual harassment, a claim the Akwa Ibom lawmaker has equally denied.

She was thereafter suspended by the Red Chamber for violation of its rule of conduct.

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NSA Hands Over Ex-NYSC DG, 18 Other Kidnapped Victims To CDS

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The National Security Adviser, Mallam Nuhu Ribadu, has handed over 19 kidnapped victims rescued by the security agencies to the Chief of Defence Staff, General Christopher Musa.

The brief ceremony took place on Thursday at the National Counter Terrorism Centre (NCTC), Office of the National Security Adviser in Abuja.

The victims included Ambassador Gideon Yohanna, the former Director-General of National Youth Service Corps (NYSC), Brigadier-General Maharazu Tsiga (retired) who had spent 56 days in captivity and 17 others, including a child.

Both Ribadu and Musa pledged to remain relentless until the criminals are wiped out and normalcy restored in the country.

“As a result of the work of our armed forces and other security services, we are able to rescue and bring back our own people,” he said.

“This time, it involves important personalities who served this country. We thank God for their lives, we are grateful to those who made it possible.

“This is an ongoing operation and we are doing it quite silently, we will go after the bad ones.”

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