Connect with us

News

Lawmakers Solicit Empowering Indigenous Contractors In Construction Industry

Published

on

By Gloria Ikibah
Members of the National Assembly have called on the need to empower indigenous contractors in the construction industry to boost national development.
Lawmakers made this call a summit organised by the Senate and House of Representatives Committees on Works on Monday in Abuja, with the theme: “Empowering Local Contractors for National Development: Bridging Gaps and Building Partnerships.”
In his remarks the Chairman, Senate Committee on Works, Senator Barinada Mpigi, who stressed the importance of empowering indigenous contractors, highlighted the challenges local contractors face, including limited financing, inadequate equipment, and insecurity.
Mpigi who who decried that indigenous contractors have not been given opportunities over the years in the nation’s infrastructural sector, suggested innovative solutions like tokenization of assets and tax credits to bridge the financial gap.
He said, “Our local contractors face significant challenges that hinder their potential to contribute to national goals. Challenges such as limited access to long-term financing, inadequate equipment, lack of insurance facilities, and issues of insecurity have long been obstacles to their growth and success.
“Globally, other nations have implemented strategic measures to support their local contractors. From government financing and public-private partnerships to streamlined procurement processes, these countries have recognised the importance of providing practical solutions to empower local businesses. We must follow suit by promoting fair procurement processes, engaging with local communities, and prioritising environmental sustainability, ensuring that our infrastructure projects are built with the future in mind.”
To bridge the financial gap between local contractors and their foreign counterparts, he urged the Securities and Exchange Commission to step in by exploring innovative approaches, such as the tokenisation of assets.
“This process allows local contractors to convert their assets into digital tokens, facilitating access to funds from a broader pool of investors. By unlocking these new financing opportunities, tokenization can empower local contractors to raise capital, enable fractional ownership, and improve liquidity in the sector.
“The Federal Inland Revenue Service can play a crucial role in supporting our local contractors by introducing easier access to tax credits, which will ease their financial burden. Such incentives can encourage investment in the sector, providing them with much-needed relief and fostering growth.,” he added.
Also Speaking, Chairman, House Committee on Works, Rep. Akin Alabi, stressed the need for partnerships prioritizing local contractors.
He said, “Today, we gather with a shared purpose to strengthen the bridges between the government, stakeholders and our local contractors and construction companies, fostering partnerships that will empower our indigenous industries and transform our country’s infrastructure.
“Nigeria has a diverse landscape which holds immense potential for growth and development. However, to truly unlock these potentials, we need an approach that maximises local resources, skills and talents. It is time to make the call to embrace our local contractors not only as stakeholders but as partners in our journey to national development.
“We need a construction industry that is driven by local content, benefitting our people and fortifying our economy. Today’s summit provides an opportunity to address challenges, explore solutions and deepen collaborations between indigenous contractors, construction companies and key policymakers.”
In her goodwill message at the summit, the President, Nigerian Society of Engineers, Margaret Oguntala, highlighted the importance of collaboration among the various stakeholders in the country’s infrastructural sector.
Represented by the President, Association of Consulting Engineering in Nigeria, Kam-Salem Bukar, Oguntala called attention to the principles of Executive Order 5 signed by former President, Muhammadu Buhari.
“As policymakers, legislatures are tasked with crafting laws that empower local content and infrastructure initiatives. By reinforcing the principles of Executive Order 5, they can ensure that Ministries Departments and Agencies prioritise Nigerian professionals and resources in public procurement,” she said.
Apart from local contractors, the NSE President also identified professional consulting engineers and engineering regulatory bodies as important partners with significant input in the infrastructural arena.
Oguntala while commending the organisers of the event, called for regular dialogue, training and capacity building as well as regulatory oversight to promote Nigeria’s infrastructural development.
The summit aimed to address challenges, explore solutions, and deepen collaborations between indigenous contractors, construction companies, and policymakers.
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

READ 8 Facts About New Lakurawa Terror Group in North West

Published

on

By Kayode Sanni-Arewa

Lakurawa, a new terror group is now wreaking havoc in northwestern part of the country. It was once dismissed as harmless herders.

Initially seen as seasonal migrants, the Lakurawa group has evolved into a powerful militant force linked to jihadist networks in the Sahel.

With roots stretching back six years, Lakurawa has grown under the radar, exploiting Nigeria’s porous borders and limited government oversight.

Advertisement

Here’s what you need to know about this escalating threat and the challenges it poses to the region’s security.

From Herders to Terrorists

Originally seen as seasonal herders from Niger, the Lakurawa group quietly entered Sokoto communities in search of pasture, later gaining a reputation as militants with ties to jihadist networks across the Sahel.

Authorities’ Early Misjudgment

Advertisement

Locals first reported suspicious activities by Lakurawa herders nearly six years ago, but authorities dismissed them as non-violent. However, recent intelligence from Nigeria’s Defense Headquarters reclassifies Lakurawa as a new terror group with connections to extremist networks.

Cross-Border Threats

The Lakurawa exploit Nigeria’s porous borders with countries like Niger, Chad, and Mali, entering remote areas to promote radical ideology, often in Hausa and Fulfulde languages, and impose strict “Islamic” rules on communities.

Unusual Alliances

Advertisement

Invited by local leaders to fend off other bandits, Lakurawa quickly grew from an auxiliary force into a dominant presence, controlling communities through a mix of militant enforcement and religious influence.

Camp ‘Darul Islam’ in Forests

Lakurawa established camps around Gwangwano, Mulawa, Wassaniya, and Tunigara along the Nigeria-Niger border, naming them Darul Islam, or “Abode of Islam.” Their membership has since swelled to over 200 young men.

Escalation and Armed Attacks

Advertisement

Once tolerated by local communities, the group’s violent tendencies surfaced through alleged attacks on military bases and confrontations with Nigerian security forces, marking a shift to full-scale militancy.

Radical Ideology and Social Control

The group enforces stringent rules, often forbidding music and dancing, and collects levies disguised as religious Zakat. They pressure locals to obey these laws, maintaining authority over vulnerable communities.

A Growing Regional Concern

Advertisement

With ties to jihadist groups across the Sahel, Lakurawa’s presence reflects broader security challenges. The breakdown in joint border patrols after Niger’s recent coup has only worsened Nigeria’s exposure to such extremist threats.(PRNigeria)

Continue Reading

News

It’s wrong to arrest individuals in place of suspects — Says PSC chairman

Published

on

By Kayode Sanni-Arewa

The Chairman of the Police Service Commission, DIG Hashimu Argungu (retd) has condemned the practice by Nigeria Police Force operatives of arresting individuals in place of actual suspects.

He also frowned at the handcuffing of suspects during arrests, adding that the law prohibits these practices.

A statement on Wednesday by the spokesperson for the commission, Ikechukwu Ani, said Argungu made this known
during training on international Human Rights-based policing and effective oversight of personnel of the Police Service Commission.

Advertisement

Ani said the PSC chairman stressed that every suspect must be accorded humane treatment and must not be subjected to any form of torture, cruelty, inhuman, or degrading treatment.

The statement read, “DIG Hashimu Argungu, x-rayed human treatment of arrested suspects and declared that a suspect shall be accorded human treatment, having regard to his right to the dignity of his person and not be subjected to any form of torture, cru
Argungu noted that a suspect shall not be arrested merely on a civil wrong or breach of contract and shall be brought before the court as prescribed by law or otherwise released conditionally or unconditionally.

He explained that “a person shall not for any reason be arrested in place of a suspect adding that the law prohibits the handcuffing or any other unnecessary restrain of an arrested person, except if there is reasonable apprehension of violence or an attempt to escape; the restrain is considered necessary for the safety of the suspect or defendant or by order of court.”

Ani added the PSC chairman also noted that all over the world, police officers generally have broad powers to carry out their functions and duties.

Advertisement

“He noted that the constitution as amended and other procedural laws, however, place limits on how far Police can go in trying to enforce the law.

“According to him, one of the primary purposes of these laws is to protect citizens from abuses by the government, including police misconduct,” the statement added

Continue Reading

News

Just in: Plateau Govt Approves N70k Minimum Wage for Civil Servants

Published

on

By Kayode Sanni-Arewa

In line with discussions reached after consultation with relevant stakeholders, the Plateau State Government has approved immediate implementation of the N70, 000 minimum wage for the workforce in Plateau State.

The cheering news is contained in a Press Statement signed by the Head of Civil Service in the State, Stephen Pam Gadong.

Full text of the statement reads in part:

Advertisement

Following the Agreement of the Committee on Consequential Adjustment on Salaries on 13th, November, 2024, the Executive Governor of Plateau State, His Excellency Barr. Caleb Mutfwang, has approved the immediate implementation of the N70,000 minimum wage for workers in the state.

The Implementation is a demonstration of the Governor’s commitment to prioritizing the wellbeing of the workforce in acknowledgement of their invaluableble role in driving the State’s developmental goals.

As the new wage policy is administered, Civil Servants are encouraged to embrace this gesture by recommitting to their duties with renewed dedication and zeal in order to foster a culture of productivity and excellence in service in the State.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News