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  • Manufacturers in Nigeria Experience Annual Loss of N10.1tn due to Power Crisis

    Manufacturers in Nigeria Experience Annual Loss of N10.1tn due to Power Crisis

    The Manufacturers Association of Nigeria (MAN) has revealed that the country’s persistent electricity shortage poses a significant obstacle to the profitability of manufacturers, resulting in an estimated annual economic loss of N10.1tn, equivalent to approximately two percent of the nation’s Gross Domestic Product (GDP).

    MAN emphasized that this unfavorable situation has positioned Nigeria among the most challenging countries to conduct business in, ranking 171 out of 190 countries.

    The association’s statement was issued in response to President Bola Tinubu’s approval of the Electricity Bill.

    According to MAN, the current power supply is insufficient to meet the energy demands of both the manufacturing sector and the entire population.

    However, MAN acknowledged that the Electricity Act of 2023, if effectively implemented, has the potential to be a transformative force for the manufacturing sector.

    The statement read, “As an advocacy Association, MAN has consistently advocated for cost-reflective electricity tariffs to prevent the exploitation of our members. Fortunately, this new Act aligns with our stance and is expected to enable a cost-reflective tariff by fostering healthy price competition between states and private investors.”

    “The country’s erratic power supply is one of the primary reasons for the relocation of some of our members. If the new Act adequately addresses the challenges in the power sector, we are optimistic that it will attract manufacturing foreign direct investment (FDI), boost sector performance, and increase the sector’s contribution to the economy.”

    MAN expressed optimism that if utilized effectively, this substantial revenue could help address infrastructure deficits in many states without imposing additional tax burdens on manufacturers.

  • Man in court for defiling 10-year-old daughter

    Man in court for defiling 10-year-old daughter

    A 35-year-old woman has described her husband, John Odu, as an animal for sexually abusing and defiling their 10-year-old daughter.

    The aggrieved mother is begging an Ogba Chief Magistrates’ Court in Lagos to mete out severe punishment on him.

    The accused was alleged to have taken advantage of the innocence of his daughter when his wife was not around to engage in the act.

    The police said the incident happened in the Lekki area of Lagos.

    The police prosecutor, Akeem Raji, said when the 10-year-old girl could no longer bear the pain, she reported the matter to her mother.

    The accused is currently facing a two-count charge of sexual assault and defilement, offences that attract up to 14 years in jail if found guilty.

    The police said that the highly traumatised girl alleged that her father locked her inside their apartment, forced her to open her mouth and ordered her to suck him before forcing himself on her.

    “My Lord, the beast of a man threatened to kill his daughter if she reported the incident to her mother,” the police said.

    He was later transferred to the Gender Section of the Lagos State Police Command.

    However, when he was arraigned, the court did not take his plea following a motion moved by the prosecutor, Akeem Raji, asking the court to give a date and refer the matter to the Department of Public Prosecution (DPP).

    The presiding magistrate, Mrs B. O. Osunsanmi, ordered his remand in the Correctional Centre at Kirikiri, Lagos, pending the DPP’s report.

    The matter was adjourned till November 19, 2022.

  • Patronize our local products – MAN tells Govts’

    Patronize our local products – MAN tells Govts’

    The Manufacturers Association of Nigeria (MAN) has called on both state and federal governments to patronise its members by buying their products.

    The association also lamented huge taxes slammed on its members in Cross River and Akwa Ibom states.

    An eight-man delegation of MAN was led by its new Chairman of Akwa Ibom and Cross River State branch, Akin Oyediran to visit the Deputy Governor of Cross River State, Prof Ivara Esu. MAN said that lack of government patronage, poor road infrastructure between the two states, huge and multiple taxation and epileptic power supply had impacted much against manufacturing.

    He noted that governments had churned out several economic policies but that lack of enforcement and implementation were absent.

    He lamented that 90 per cent of MAN members were producing at less than 30% capacity due to several hurdles and impediments.

    Prof Esu said the government has made available free land and other incentives, as well as offered to concession the 38 industries built by the Gov Ben Ayade administration.

    “If you watch our policy, you will see that we have embarked on the establishment of several industries. But to our disappointment, we have not seen your members come forward to support this initiative of the government,” he told the MAN delegates.

  • Man dies while repairing petrol tank in Kwara filling station

    Man dies while repairing petrol tank in Kwara filling station

    By Becky Adi

    A 29-year-old tank installer and maintenance artisan simply identified as Ahmed lost his life on Saturday night while working on a petrol tank at a filling station along Offa garage road, Ilorin, Kwara State capital.
    The incident, according to the Kwara state Fire Service, occurred on Saturday night at about 7.30pm, opposite Adisco office, Ajase-Ipo Road, Ilorin.

    The victim, it was gathered came from Ibadan with his boss for the job but suddenly suffocated while they were performing the maintenance work on a faulty petrol tank at the filling station and eventually died.

    However, firemen from the Kwara State Fire Service were able to evacuate the body from the tank and handed over to his boss identified as Mr Abdulbasit Oladimeji.

    Report said that the casualty was allegedly careless as he embarked on the work without putting on the necessary safety implement.

    A statement signed by Hassan Adekunle Head of Media and Publicity, Kwara state Fire Service said: “A 29 year old tank installer/maintainer called Ahmed was recovered dead from petrol tank at a popular filling station in Ilorin, capital of Kwara.

    “The terrible incident occurred last night at about 19:25hrs, No. 157 Bovas Filling Station opposite Adisco Ajase-Ipo Road, Ilorin.

    “The victim man actually came from Ibadan with his boss for the job. While they were performing the maintenance work inside the petrol tank at the filling station, he suddenly got suffocated and eventually died in the tank.

    “However, firemen were able to evacuate the body from the tank and handed over to his boss, Mr Abdulbasit Oladimeji.

    “Report says, the casualty was too careless for his life without putting on the necessary safety gear before he engaged on the work.”

    In his reaction, the Director, Kwara State Fire Service, Prince John Falade urged the general public to be more safety conscious, particularly workers to always endeavor to use safety equipment at all time to safe their lives.

  • Court remands man, 33, for allegedly throwing toddler in well

    Court remands man, 33, for allegedly throwing toddler in well

    By Isaac Kertyo

    A Chief Magistrate’s Court, sitting in Kano, on Friday remanded a 33-year-old man, Abubakar Aminu, in a correctional centre for allegedly throwing a four-year-old boy, Abdulmalik Suleiman into a well.

    The defendant, who lives at Rijiyar Lemo Quarters in Kano, is standing trial on a charge of attempt to commit culpable homicide.

    The Prosecutor, Miss Asma’u Ado, informed the court that one Aminu Suleiman of Bachirawa Quarters, Kano, reported the matter at Rijiyar Lemo Police Division Kano on Oct.14, 2021.

    Ado said the four-year-old boy is the son of the complainant.

    Ado alleged that on the said date, about 2:00 p.m., the defendant had a misunderstanding with the complainant, which degenerated into the defendant intentionally throwing the boy in a well at Bachirawa Quarters.

    He said the boy was rescued and rushed to Murtala Muhammad Specialist Hospital for treatment.

    The prosecutor said the offence contravened the provision of section 229 of the Penal Code.

    The defendant pleaded not guilty to the charge.

    The Chief Magistrate, Mustapha Sa’ad-Datti, adjourned the matter until Feb.21, for further mention. (NAN)

  • Man nabbed over policeman’s beheading in Delta

    Man nabbed over policeman’s beheading in Delta

    By Becky Adi

    The police in Delta State said it has arrested one Chukwudi Emerenin, 27, for alleged complicity in the beheading of a retired police officer, Chris Kpatuma.

    The suspect, an escapee from an Owerri correctional centre, was rearrested on 12/2/2022, according to the police.

    Emerenin is suspected to be part of the syndicate that killed the late police officer, Chris Kpatuma, in Agwa clan, Oguta LGA Imo State.

    Delta Police Commissioner, Ari Mohammed, who spoke to reporters, yesterday, in Asaba, said the suspect was arrested following a tip-off.

    Mohammed said the suspect and his gang were hibernating somewhere in Aboh in Ndokwa East Local Government Area.
    According to Mohammed, the suspect claimed to be related to the late police officer and identified the leader of their gang as “Mega Bush”.

    He said the late officer was killed because he was a titled man in the community and as a retired police officer, they saw him as a threat to their Biafra struggle.

    The police boss said the suspect is alleged to be part of the syndicate that beheaded a vigilante member in Owerri and used his head to play football

  • Man, 43, allegedly defiles own 3 daughters in Lagos

    Man, 43, allegedly defiles own 3 daughters in Lagos

    By Becky Adi

    An Ikeja Magistrates’ Court on Monday, ordered the remand of a 43-year-old Ademola Oladimeji in Kirikiri Correctional Centre for allegedly defiling his three daughters and assaulting their mother.

    The Magistrate, A.O. Ajibade, who did not take Oladimeji’s plea, directed the police to send the case file to the state Director of Public Prosecutions (DPP) for advice.

    She adjourned the case until March 2 for DPP’s advice.

    The police arraigned Oladimeji, who resides at Fadeyi, Lagos State, on a two-count charge of defilement and assault.

    The Prosecution Counsel, DSP Kehinde Ajayi, told the court that Oladimeji committed the offence sometime in 2021, in his residence at Fadeyi.

    She said that the mother of the girls had reported that the accused had been defiling their daughters aged nine, seven and five by allegedly inserting his finger into their private part.

    She said that when the mother of the girls got to know, she confronted her husband and was angry, leading to the accused beaten and inflicted injuries on her body.

    The News Agency of Nigeria (NAN) reports that defilement attracts life imprisonment according to the provisions of Section 137 of the Criminal Law of Lagos State, 2005.

    Assault attracts a one-year jail term, according to the provisions of Section 172 of the law.

  • Man set wife ablaze in Ondo

    Man set wife ablaze in Ondo

    A 50-year-old man, Daniyan Ojo has reportedly set his wife, Dorcas ablaze in their residence in Irese road in Shagari Village, Akure, Ondo.

    The suspects allegedly locked his wife in her room and set the house on fire. She gave up the ghost 72 hours after she was given medical aid, reports Vanguard.

    A family source told the publication the man carried out the act because the deceased bought a property without telling him.
    The accused, who is on trial before an Akure High Court, denied the allegation brought against him.

    However, the prosecution led by H.M Falowo revealed that the charges against the defendant are arson, murder and disabling to commit a felony.
    A witness close to the family, Ajayi Ajiboye also told the court that he heard the deceased crying out for help during the incident.

    He said: when I got to the compound, l discovered that her room was on fire and I forcefully broke the door with my leg.”
    “The following morning, landlords in the neighbourhood came to the house and discovered empty bottles of petroleum products scattered under the victim’s bed positioned at strategic corners of the room.”

    The brother of the deceased also stated that the defendant reported his sister to him that she bought three plots of land and registered it in her name.
    He further revealed that his sister confided in him that she bought the land in her name because she was afraid her husband would sell it off without her consent.

    He said that he resolved the issue and went back to his base, but later got a call about the fire hazard.
    “It took the intervention of the police to effect the arrest of the defendant having absconded immediately after the incident occurred.”

    The deceased daughter also confirmed that their father prepared dinner and told them he was going to get fuel.
    “I woke up briefly when my mother came back from her trip but later went back to sleep. It was the noise of the car that took my mother to the hospital that woke me up.”

    Inspector Bayo Adaran testified that the case of arson and murder was transferred to State CID for further discreet investigation.

  • 4 Ways to get your man do anything for you

    4 Ways to get your man do anything for you

    All it takes to get men is simply showering them with affection and attention and not pointing out their shortcomings in a belittling way or nagging them.

    So, here are ways to get what you want from your man:

    Act sweet and innocent

    Giving him the act of a sweet, innocent damsel in distress has a way of charming men to do just anything you ask for. He will be charmed by your sweet and innocent disposition and compelled to take away your distress.

    For instance, if you need him to drive you to your fitness appointment, you should ask him in the sweetest voice possible, using endearing words, putting on a distressed look that tells how much you need him while looking all innocent as if you didn’t really contrive the whole thing. Putting up the sweet innocent girl requires expertise though. So you can start practicing in front of your mirror.

    Get or do something he likes

    Getting your man a surprise gift or doing what he likes is an effective way to melt his heart and have him do things for you. You can decide to pick up those boxers for him from the mall, make a special dinner for the two of you, watch his favorite sport with him, get him a thoughtful wrapped-up small gift, do the laundry, give him a massage, etc.

    Getting or doing what he likes will put him in a happy mood as well as make him feel more affection for you which is the right time to ask for what you want. Chances are, he will do or give what you want in as much as you are not asking for his destiny.

    Give him some good loving

    I am talking about giving him that mind-boggling French kiss and driving him to cloud nine with freakish sex. Yea, men will always be men and one of the ways to get them ready and willing to pull the moon for you is by sexually gratifying them. So, make your man sexually happy and he will happily get you all the pearls in the world if he can.

    Appreciate your man

    This is all about making your man feel good about himself, making him feel you are proud of him and glad he is your man. However sending the message of appreciation requires taking action such as leaning over and planting a kiss and telling him you love him, expressing gratitude in words and kind whenever he did something in the home, flaunting him, pouring compliments all over him, hanging out with him and taking time to do his favorite things with him. All of these are enveloped in appreciation and they’ll make your man do or give you what you want without hesitation.

  • MAN welcomes CBN’s unification of exchange rates

    MAN welcomes CBN’s unification of exchange rates

    The Manufacturers Association of Nigeria (MAN) says the unification of the country’s exchange rate is a welcome development that will engender increased investment inflow in the real sector of the economy.

    Mr Mansur Ahmed, MAN President, made this remark in a report made available to newsmen on Friday in Lagos.

    Ahmed said that the association had, over the years, been advocating for a unified exchange rate to promote a market-friendly rate in the country.

    The unified rate, he said, is capable of facilitating stable production planning and engender sustainable economic growth.

    He said that drawing from basic knowledge of the transmission mechanism of exchange rate management and experiences of Cuba and India, the current forex unification agenda would entrench a convergence and enhance exchange rate stability.

    “It is, therefore, gratifying as it appears that the Central Bank of Nigeria (CBN) has now unified the country’s exchange rate.

    “Clearly, this is a welcome development and a laudable initiative that has come at the right time.

    “`This is more so, particularly, now that the economic outlook is gloomy in light of the impact of the ravaging COVID-19 pandemic that has culminated in uninspiring macroeconomic situations,’’ Ahmed said.

    He recalled with delight that IMF and World Bank had at different times advised the country on the need to unify the multiple exchange rate windows to prevent distortions in investment decisions in the public and private sectors of the economy.

    “In fact, the World Bank had attributed the country’s loss of Foreign Direct Investment (FDI) to investors’ exasperation from perceived manipulation of the foreign exchange market.

    “The unification will also boost investors’ confidence, control rising inflation and promote transparency, entrench better exchange rate management and eradicate distortions to the barest minimum.

    “It is expected to also eliminate the notorious socially destructive rent-seeking activities, halt the incidence of round-tripping, ensure better allocation of resources, facilitates income expansion and stimulate the inflow of foreign investment into the economy.’’

    The News Agency of Nigeria (NAN) recalls that the CBN had on July 7 made an adjustment which moved the rate at the Special Secondary Market Intervention Sales (SMIS) to N381 per dollar.

    The MAN President, however, stressed the need to recognise the existence of the unavoidable pains that naturally came with the transition from a multiple exchange regime to the domain of a single exchange rate.

    Particularly, he said, there is the burden of dollar-denominated loans and offsetting existing credit commitments to foreign suppliers of raw materials.

    He advised that the CBN put a measure in place to minimise the intensity of the pain by considering outstanding obligations of manufacturers from the second quarter 2019 till date.

    “Given at N345 to a dollar prior to unification and allows such to settle at between N330 and N360,’’ he said.

    According to him, this will enable banks to redeem these obligations to foreign suppliers of manufacturers.

    He said that many factories might close and the CBN stimulus packages to the manufacturing sector would suffer a huge setback as cash flow crunch becomes the order of the day.

    Ahmed also recommended that the apex bank should develop an appropriate implementation strategy that would engender a successful transition from the current multiple windows to a single efficient one.

    “The CBN should also ensure that the strategy pursues two fundamental objectives.

    “The first, is to limit the short-term pains until efficiency gains materialise by responding swiftly with an inward-oriented rescue guideline while the second should seek to boost the pace at which such efficiency gains materialise.

    “It should also submit all the instruments of exchange rate determination gradually to the unseen forces of demand and supply as a matter of necessity,’’ Ahmed advised.

    He also urged the apex bank to completely avoid the temptation of interference in order to fully harvest all the benefits that foreign exchange unification can offer. (NAN)